## ## ||||Page| |---|---|---|---| |Legal and administrative||information|| |Trustees report|||2-3| |Independent
examiners||report|| |Statement offinancial|activities||| |Balance sheet|||| |Notes to the financial statements|||7-19| ## ## ## ## ## ## ## ## |Mr Mustak|Mohammed
Patel| |---|---| |Mr Hussain|Hafeji Ahmed| |Mr Yunus|Ibrahim
Khanji| |Mr Imran Patel|| |Mr Gulam|Husain
Isrnail Khoda| |Mr Ahmed|Saeed Desai| |Mr Mustak|Mohammed
Patel| |Mr Mustak|Mohammed
Patel| |Ilyas Patel|(Accountants)
Limited| |Chartered|Certified Accountants| |Soloman House, Belgrave Court|| |Fulwood|| |Preston|| |Lancashire|| |PR2 9PL|| ## ## ## ## ## ## ## ## ## ## ## ## |||||The Preston
Muslim Society|The Preston
Muslim Society|- Quwwatul|- Quwwatul|Islam Masjid|Islam Masjid|Charity|No|(if||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||any)|||1158609|| ||||||Annual||accounts||for the|eriod||||CC&7a| |||||Period start date|||01l04i2022|||Period|end date||l 31/03l2023|| |a
~
J||||||||||||||| |Recommended
categories
by activity||||Oetalls ofown|analysis|e|Unrestricted||income
funds|Endowment
funds|||Total this
year|Last year| |||||||||R||||||| |Incoming resources||(Note 3)||||||F01|F02|F03|||F04|F05| |Incoming resources|from|||||||||||||| |generated
funds||||||||||||||| |Vduniary
Income||||||||354,332|5,361||||359,693|159,657| |Actividas far gsnsradng|funds|||||||139483|||||139483|144338| |Invssunani
income||||||||108|||||108|107| |Incoming resources|from|||||||||||||| |charitable
activities||||||||||||||| |Other incoming resources||||Grants and|Gift Aid|so5||13944|||||13944|12694| |||Total incoming resources||||so6|507,867||5,361||||513,228|316,796| |Resources expended||(No||tes 4-8)||||||||||| |Costs of Generating|Funds|||||||||||||| |Costs afgsnaradng
vduntary
income||||||||160,221|5,361||||165,582|184,976| |Fundrasing
trading costs||||||||||||||| |invesonsnt
management|casts|||||||||||||| |Charitable
activities||||||S10||65,744|||||65,744|44,168| |Governance costs||||||S11||4,760|||||4,760|4,806| |Other resources expended||||||S12||||||||| |||Total resources expended||||s15|230,725||5,361||||236,086|233,950| |Het incoming/(outgoing/||resources belbre|||transfers|s14|277,142||||||277,142|82,846| |arose transfers|between|||funds||S15||||||||| |Net Incoming/(outgoing)
resources bef'ore oNer
recognised gains/(losses)||||||S16|277,142||||||277,142|82,846| |Other recognised
gainsl(losses)||||||||||||||| |Gains and losses
charity's
own use|on revaluation
offixed assets for the|||||S17||||||||| |Funds transferred|from|The|Preston
Muslim Society,|||||||||||| |Charity Number700936||||||||||||||| ||||Net movement||In funds|sig|277,142||||||277,142|82,846| |Total funds brought||forward|||||2,467,201||33,158|1,345,764|||3,846,123|3,846,123| |||Total||funds camed forward||s21|2,744,343,||33,158|1,345,764|||4,123,265|3,846,123| |~
s|||||||||| |---|---|---|---|---|---|---|---|---|---| |||Unrestricted
funds||Restricted
Income
funds|Endowment
funds|Total this
year|||Total last
year| |Fixed assets||F01||F02|F03||F04||F05| |Tangible assets
(Note 9)|B01|2,382,592|||1,345,764|3,728,356|||3,734,630| ||B02||||||||| |investments
(Note 10)|||||||||| |Total fixed assets||2382|592||1 345764|3|728|356|3734630| |Current assets|||||||||| |Stock and work in progress|||||||||| |Debtors
(Note 11)|||695|||||695|| |(Short term) investments|||||||||| |Cash at bank and in hand||422|784||||422|784|223428| |Total current assets||423|479||||423|479|223428| |Creditors: amounts
falling due within
one year
(Note 12)||28,570|||||28,570||49,943| |Net current assetsl(liabilities)||394|909||||394|909|173485| |Total assets less cunent liabilities»2||2777|501||1 345764|4|123|265|39D8115| |Creditors: amounts
falling due after one
year
(Note 12)|B13||||||||61,992| |Provisions for liabilities and charges|B14||||||||| |Net assets|B«2 777||SD1||1345764|4|123265||3846123| |Funds ofthe Charity|||||||||| |Unrestricted
funds|B16|2,744,343||||2,744,343|||2,467,201| ||B17||||||||| |Restricted income funds
(Note 13)|B18|||33,158|||33,158||33,158| |Endowment
funds (Note 13)|B19||||1,345,764|1,345,764|||1,345,764| |Total funds|B20|2744|343|33158|1 345764|4|123265||3846123| |Signed by one or two trustees on behalf of all
the trustees||Signature|||Print Name||||Date of
approval| ||||||P ~+d~~~||~~||07/09/2023| |Note 2|||Accounting
policies|Accounting
policies|Accounting
policies|||||| |---|---|---|---|---|---|---|---|---|---|---| |This standard list ofaccounting|||||policies has been applied by the charity except for those deleted.|||Where a different||or| |additional policy has||been||adopted then this ls dehiiled in the box below.||||||| |INCOMING RESOURCES||||||||||| |Recognltlon|ofIncoming||||These are included
in the Statement
of Financial Activities (SoFA)when:|||||| |resollrces|||||~
the charity becomes entitled
to the resources;|||||| ||||||~
the trustees are virtue(ly certain they
will receive the resources;||and|||| ||||||~
the monetary
value can be measured
with sufricient
reliability.|||||| |Incoming resources||with|||Where incoming
resources have related expenditure
(as with fundraising|||orcontract income) the||| |related expenditure|||||incoming
resouices and related expenditure
are reported gross
In the||SoFA.|||| |Grants and|donations||||Grants and donations
are only induded
in the SoFA when the charity||has unconditional|||| ||||||entitlement
to the resources.|||||| |Tax reclaims on donations||||and|Incoming
resources from tax reclaims are included
in the SoFA at the||same time as the||gift to|| |gifts|||||which they relate.|||||| |Contractual|Income and||||This is only included
in the SoFA once the related goods or services||have been delivered,|||| |performance|related|grants||||||||| |GIRs In kind|||||Gifts in kind are accounted
for at a reasonable
estimate oftheir value
actually realised.||to the charity orthe|||amount| ||||||Gifts in kind forsale or distribution
are included
in the accounts as gifts|||only when sold or||| ||||||distributed
by the charity.|||||| ||||||Gifts in kind for use by the charity are included
in the SoFA as incoming|||resources when||| ||||||receivable.|||||| |Donated services and|||facilities||These are only included
in incoming
resources
(with an equivalent
amount
in resources||||expended)|| ||||||where the benefit to the charity is reasonably
quantifiable,
measurable|||and material.
The||value| ||||||placed on these resources
is the estimated
value to the charity ofthe||service or facility received.|||| |Volunteer
help|||||The value ofany voluntary
help received
Is not included
in the accounts but is described
trustees'
annual
report.||||In the|| |Investment|income||||This is Included
in the accounts when receivable.|||||| |Investment|gains and losses||||This includes any gain or loss on the sale of investments
and any gain|||or loss resulting|from|| ||||||revaluing
investments
to market value at the end ofthe year.|||||| |EXPENDITURE||AND||LIABILITIES||||||| |Uabillty
recognitlon|||||Liabilities are recognised as soon as there is a legal orconstructive|obligation
committing||||the| ||||||charity to pay out resources.|||||| |Governance|costs||||Include costs ofthe preparation
and examination
ofstatutory
accounts,|||the costs oftrustee||| ||||||meetings
and cost of any legal advice to trustees on governance
or|constitutional
matters.||||| |Grants with|performance||||Where the charity gives a grant with conditions for its payment
being||a|specific level ofservice or||| |conditions|||||output
to be provided,
such grants are only recogn/sed
in the SoFA|once the recipient of||||the grant| ||||||has provided
the specified service oroutput.|||||| |Grants payable
without|||||These are only recognised
in the accounts when a commitment
has|been inade and there am no||||| |performance|conditions||||conditions
to be met relating to the grant which
remain
in the control|of||the charity.||| |Support Costs|||||Support costs indude
central functions
and have been allocated to|activity cost categories on a||||| ||||||basis consistent
with the use ofresources, eg allocating
property costs|||by floor areas, or per||| ||||||capita, staff costs by the time spent and other costs by their usage.|||||| |ASSETS||||||||||| |Tangible fixed assets||for use|||These are capitalised
ifthey can be used for more than one year, and|||cost at least F500. They||| |by charity|||||are valued at cost ora reasonable
value on receipt.|||||| |Investments|||||Investments
quoted on a recognised
stock exchange are valued at|market value at the|||year end.|| ||||||Other investment
assets are inciuded
at trustees'
best estimate of market value.|||||| |Stocks and|work in progress||||These are valued at the lower ofcost or market value.|||||| |POLICIES ADOPTED||||||||||| |ADDITIONAL|||TO|OR||||||| |DIFFERENT FROM|||THOSE|||||||| ||||ABOVE|||||||| ## |||||||||||This year|Last year| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||Anal|sls|||||R| |Unrestricted|income||Annual|Donations||||||185507|54471| ||||Jumma|Lnah Donations|||||||12686| ||||Nikhah|Donations|||||||1 830| ||||Timetable sales||||||||1 050| ||||Charitable
activities|||||||69827|| ||||Madrasah
students||fund|||||98998|85490| ||||Lancashire
Commun'||income||||||| ||||Other donations||||||||| ||||||||||Total|354332|156432| |Restricted|income||Funeral|fund||||||5361|3225| ||||||||||Total|5361|3225| |Activities for generating||funds|income|from UK investment||properties||||139483|144,338| ||||||||||Total|139483|144338| |Investment|Income||Bank interest receivable|||||||108|107| ||||||||||Total|108|107| |Incoming resources from|||||||||||| |charitable activities|||||||||||| ||||||||||Total||| |Other Income Resources|||Grant from Local Government||||and Gift|Aid||13944|12694| ||||||||||Total|13944|12694| |||||||||Total|Income|513,228|316,796| |Note 4|||Analysis ofresources|expended|||| |---|---|---|---|---|---|---|---| |Resources||expended|may be further analysed|lfthis would help|the reader ofthe accounts.||| ||||||This|year|Last year| |||||Anal sls|||| |Costs ofgenerating|||Purchases
unrestricted|Costs|||21406| |voluntary|income||Purchases
restricted Costs|||5361|6519| ||||Staff costs|||121923|96960| ||||Utilities|||14599|33110| ||||Re airs &maintenance|||6461|7469| ||||insurance|||3191|3490| ||||Tele hone|||1 005|1 122| ||||Other office costs|||2746|5623| ||||Bank Char es and interest|||1 178|911| ||||De reciation|||6274|8366| ||||||Total|165582|184976| |Fundralslng||trading|||||| |costs|||||||| ||||||Total||| |Investment|||||||| |management||costs|||||| ||||||Total||| |Charitable|activities||Donations - Save our workl|||8500|7000| ||||Donations - Fatima Welfare|||3000|10500| ||||Donations - Other|||54244|26 668| ||||||Total|65744|44 168| |Governance||costs|Accountanc|||2400|2 150| ||||Le ai 8 Professional|||2360|2656| ||||||Total|4760|4806| ||||||Total Costs|236 086|233 950| ## |ase|com|plete t|his note|ifthe charit|y has analy|sed its expe|nses usin|g activity cate|gories and|has supp|ort c| |---|---|---|---|---|---|---|---|---|---|---|---| |||||Fundraising|activity|Charitable|Activity|Governance|Activity|Total|Cost| |Su|ort|costt|e|||K|||||| ||||Total||||||||| ## ## |provided b
box(es).|y your indepe|
ndent
examiner orau|
ditor.
If|noth|ing
was paid p|lease enter NONE in|the appropriate| |---|---|---|---|---|---|---|---| |||||||This year|Last year| |Independent|examiner's|orauditors' fees for|reporting|on|the||| |accounts||||||2400|2150| |Other fees|(forexample:|advice, consultancy,|accountancy||services)||| |paid to the|independent|examiner orauditor|||||| ## ## |7.1Staff C|osts|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||This year||Last year|| |Gross wages, salaries and benefits||||in kind|||||121|443|96|960| |Employer's|National|Insurance costs||||||||||| |Pension costs||||||||||480||| |||||||Total staff||costs|121,923||96,960|| |7.2Average number||of|employees|in the year|||||This year
Number||Last year
Number|| |The parts ofthe charity|||in which the||ii i i i'li'cs isif|ii!||||||| |employees|work||||Cl'Jai ital)le|Acti\/itiC.|.'.i|||||| ||||||Ci0 !heiiiaiice|||||||| |||||||||||19||24| |||||||||Total||||| ## ## ## |nts||||||||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||Grants to||Grants to|| ||||||||Institutions||individuals|| |Pur|ose|for|which|rants|made||Total amount|R|Total amount|R| |||||||Total||||| ## ## ## ## ||||Freehold land|Other land &|Plant,||Fixtures,|Payments|on|Total| |---|---|---|---|---|---|---|---|---|---|---| ||||&buildings|buildings|machinery|and|fittings and|account|and|| ||||||motor vehicles||equipment|assets under||| |||||||||construction||| |Balance brought|forward||3,709,533||||51,613|||3,761,146| |Additions||||||||||| |Revaluations||||||||||| |Oisposals||||||||||| |Transfers *||||||||||| |Balance carried|forward||3,709,533||||51,613|||3,761,146| |9.2Accumulated|depreciation|and Impairment|provisions|||||||| |||Basis|SLor RB|SLor RB|RB||RB|SLor RB||| |||Rate|||25'Yo||25%|||| |Balance brought|forward||||||26,516|||26,516| |Depreciation
charge for year|||||||6,274|||6,274| |Impairment
provisions||||||||||| |Revaluations||||||||||| |Oisposais||||||||||| |Transfers*||||||||||| |Balance carried|forward||||||32,790|||32,790| |9.3Net book value||||||||||| |Brought forward|||3,709,533||||25,097|||3,734,630| |Carried forward|||3,709,533||||18,823|||3,728,356| |9.4Revaluation||||||||||| |Ifany fixed assets have been||revalued please|give details of|the valuer and|method of|valuation||||| ## ## ## |Carrying
(market) value at beginning
ofyear|| |---|---| |Add: additions
to investments
atcost transfer|from charity number 700936| |Less: disposais at carrying
value|| |Add/(deduct):
net gain/(loss)
on revaluation|| |Carrying
(market) value at end ofyear|| ## ## |Analysis|ofinvestments||||||||10.2|10.3|| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||Market value at|Income from|| ||||||||||year end|Investments|for| |||||||||||the year|| |Investment|properties||||||||||| |Investments
listed on a recognised||||stock exchange or|||held in common|investment|||| |funds, open ended investment|||companies,|||unit trusts|orother collective||||| |investment|schemes||||||||||| |Investments
in subsidiary||orconnected|||undertakings||and companies||||| |Securiities|not listed on a|recognised||Stock Exchange|||||||| |Cash held|as part ofthe investment|||portfolio|||||||| |Other investments|||||||||||| |||||||||Total|||| ## ## ## ## ## |Please complete this note ift|Please complete this note ift|he charity has any d|ebtors or|re a m|ents.|ents.|||| |---|---|---|---|---|---|---|---|---|---| |Analysis ofdebtors||||Amounts|falling due within
one year||Amounts
falling due after
more than one year||| |||||This year||Last year|This year||Last year| |Trade debtors|||||||||| |Amounts
due|from subsidiary|and associated|||||||| |undertakings|||||||||| |Other debtors|||||695||||| |Prepayments|and accrued income||||||||| ||||Total||695||||| |||||Amounts|falling due|falling due|within|Amounts|falling due after|falling due after| |---|---|---|---|---|---|---|---|---|---|---| ||||||one year|||more than||one year| |||||This year||Last|year|This year||Last year| |||||R||R||R||R| |Loans and overdrafts||||||||||61 992| |Trade creditors|||||||10141|||| |Amounts|due to subsidiary|and associated|undertakings|||||||| |Other creditors||||25|090||37402|||| |Accruals|and deferred income|||3,480|||2,400|||| ||||Total|28,570|||49,943|||61,992| ## ## ## |
ofthe State||ent ofFinancial|Activities.|||||| |---|---|---|---|---|---|---|---|---| ||||Fund|||||Fund| ||||balances|||||balances| ||||brought|Incoming|Outgoing||Gains and|earned| ||||forward|resources|resources|Transfers|losses|forward| |Fund names|||R||R|||| |New Building||Fund transfer||||||| |from charit||number 700936|628,764|||||628 764| |Education|Centre transfer|||||||| |from charit||number 700936|717000|||||717000| |||Total Funds|1,345,764|||||1,345,764| ## |13.3Transfers between funds||| |---|---|---| |Please give details ofany transfers between funds.||| |From Fund (Name)
To Fund (Name)|Reason|Amount| ## |parti|es|by the|cha|rity orany|institution|orcompany conn|ect|ed
with it.|||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||Amounts|paid or benefit value|| |Name|of|trustee|or|connected|party|Legal authority
(eg order,
governing
document)|||This year||Last year| ||||||||||||R| ## |Name oftrustee or
connected
party|Legal authority|This year
Amount|Last year
owing| |---|---|---|---| ||||R| |Name|ofthe|trustee or|||Description ofthe|This year|Last year| |---|---|---|---|---|---|---|---| ||related|a|Relationshi|to charit|transaction s||R|