Charity number: 1158609 Company Number: 08814639 Preston Musllm Society, Quwwatul Islam Masjld Trustees. report and audited flnanclal statements for the year ended 31 MarGh 2025
Preston Musllm Soclety. Quwwatul Islam Masjld Contents Page Legal and admintstratlve hformatlon Trustees report Independent auditorfs report StateEnt of financlal activities Balance sheet Notes to the flnanclal statements 8-19
Preston Mus15m So¢lety. Quwwatul Islam Maslld For The Year Endod 31 March 2025 Legal and admlnlstrativo Infomiation Charfty numbor 1158609 Company number: 08814639 Reg18tsred office Peel Hall Street Preston Lancashlre PR16QQ Trustees Mr Mustak Mohammed Patel Resi9ned 2210412024 Mr Hussaln Haf8jl Ahmed Reslgned 2210412024 Mr Yunus Ibrahim Khanjl Resigned 2210412024 Mr Imran Patel Reslgned 2210412024 Mr Gulam Husaln Ismail Khoda Resigned 2210412024 Mr Ahmed Saeed Desai Resigned 2210412024 Mr Munlr Guriee Appolntod 0110312024 Mr Mubarek Patel Appolnted 2210412024 MrAyub Ibrahim Ahmed Appointed 2210412024 Mr Mohammed Hu&88ln Gu8 Appointed 2210412024 MrArff Mohmed Patel Appotnted 2210412024 Mr Gulam Hussawi Adam Patal Appointed 2210412024 Mr Huzaif8 Hafejl Appointed 2210412024 Mr Ismail Vali Appointed 3010812024 Mr Yakub Tallor Appolnted 3010812024 Secretsry Mr Mubarek Patel Chlef oxoCUtIvo Mrmunir Guoee Audltor Ilyas Patel (Accountants) Llmited Chartered ceried Accountants Soloman House. Belgrnve Court Fulwood Preston Lancashlre PR2 9PL Bankers Barclays Bank PIC 38 Fishergate Preston Lancashire PR12DD
Preston Muslim Society, Quwwatul Islam Masjid Report of the trustees forthe year ended 31 March 2025 The trustees present their report and the financial statements ft>r the year ended 31 March 2025. Thls report is prepared in accordance with the Statement of Recommended Practice - Accounting and reporting by the Charities and complies With applicable law. Structure, govemance and management Preston Muslim Society, Quwwatul Islam Masjid, was constituted on 13th December 2013 and 18 reglstered wlth the Charty Comrnisslon under charty number 1158609. The company number is 08814639 Trustees are appointed by the Board of Trustees. The Board of Trustees comprises members frorn a varl8ty of backgrounds. The procedure to appolnt or wtthdraw a trustee is In accordance with the constitution. There are informal procedures in pce for the inductlon and tralning of new trustees. The trustees are also encouraged to attend relevant external brlefing trainhg courses. The Board of Trustees are responsibl8 for the management of th8 risks faced by Ihe charty. Risks are identified. assessed and controls established throughout the year. The trustees who served during the year and up to the date of this report are set out on page 1. Objectlves and actlvitles The objecfjves of the trust as per the Constitution are:. a) The advancement of education of the Islamic religion b} The advancement of the education of Muslim children and adults c) The rellef of need, hardship and dlstress amongst the Inhabitants of Preston The trust shall try to achleve the above obJectNes by e8tablishlng a mosque as a placa of worshlp and facilitate other activities allEd to Ihe promotion of knowledge and understsnding of the beliets and hstitutions of Islam. Public beneft We have referred to the gutdance contained In the Charty Commsssion's general guidance on public benefft when reviewing our aims and objectives and in plannlng our future activittes. These activities fit wlthin the following descriptions of charltable purposes as set out in the Charities ACC ft)r the benefft of the public:. a) the advancement of relwJion b) the advancement of education c) Ihe prevention or relief of poverty Achlevements and perfomian¢e The trust has malntained ts duty to provide a place of worship for ts members. The trust has also rnatntalned its duty to undertake and arrange assessments to ensure that hazards are being property identified and appropriate protective measures are in place to assist in minimislng the possibllty of loss from risk. Perlodlc revlews tske place to assass the performance of the systems implemented.
Preston Muslim Society, Quwwatul Islam Masjid Report of the trustees for the year ended 31 March 2025 (Cont) Flnancial revlew The mosq'S principal fundlro source is donations from members. Overheads have rematned falrly consistsnt. The financial situation of the mosque contlnues to be satisfactory. The present level of fundtng Is adequate to support the continualion of the mosque and th8 trustees eonstder the financlal positlon of the charty to be satisfactory. Property has been revalued to tske Into account current market values. A revaluation reserve has been created of £6,075,467 to Increase the combhed market value of all properties at £9,785,000. The ValuaOn was carrled out by Lea Hough Chartered Surveyors on 31st March 2025 Propety ihass been split in the fixed assets between Investment propertles and Freehold land and bu[ngS. Reseryes pollcy The charty has a reserves pofrcy, which idenlifies a mlnlmum level of unrestrEcted reserves to ensure rts cor8 activty could conthue during a period of difficulty. The pollcy is revtewed on an annual basls. Plans for future perfods The trustees plan to maintsin and improve upon the current standards of advancaments of the Islamic religion arKI of the advancements of the educatlon of Muslm chlldren and adults. Statement of trustees. responslbllltles The trustees are responsible for preparing the Trustees. Annual Report and the financial statements In accordance with applicabb law and United Kingdom Accounting Standards (United Kngdom Generally Accepted Accounting Practtce). Law appIable to charities in England and Wales requlres the trustees to prepare flnanclal ststsments for each financial year whtch give a Iru& and fair vt8w of charty and of the incoming resources and application of resources of the charty for that year. In preparlng these financL81 stat8rnents the trustees are requlred to: select suitabb aOUnting policies and then apply them conslstently: observe the methods and principbs in the Charitles SORP; make Judgements and estimates that are reasonable and prudent: stste whather appkable UK Accounting Standards have been folbwed. subject to any material departures dlsclosed arKI explained In the financlal statements; and prepare the financial statements on the gokng concern basL8 unless it is inappropriate to presume that Ihe charty wlll contlnue h operalbn. The trustees are responslble for keeplng proper accounfjng records whlch dlsclose wlth reasonable accuracy at any time the financial poslkjn of the charty and enable them to ensure that the financlal statements compty wtth the Charitles Act 2011 and the Charity {Accounts and Reports) Regulattons 2008. They are also responsible for safeguarding the assets of the charity and hence for laklng reasonable steps for the preventlon and detection of fraud and olher irregularities. On behalf of the board Mr Muntr Guriee Trustee 1711012025 Dato
Preston Muslim Society, Quwwatul Islam Masjid Independent Auditor's Report to the Trustees Oplnion We have audited thè financial statements of Preston Muslwn SoCty, Quvlwatul Islam Masjid for the year ended 31st March 2025 which are sel out on pages 1 to 19 and notes to the financial statements, includlng a surnrnary of sbnficant accountlng pollcies. The fnancial reporting framework that has been appfpd in thetr preparation is applicable law and United lfjngdom Accountlng Stsndards, Including FlnanGial Reporting Standard 102: The Financial Reporting Standard applicable in Ihe UK and Republic of Irehnd (United lfjngdom General Accept8d Accounting Pracllce>. In our opinlon, the financlal statements: give a true and fair view of the state of the Charty's affatrs. of ts income and exp8nditure for the year Ihen ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practlce; Basls of Oplnlon We conducted our audit n accordance wth International Standards on Audltlng (UK) (ISAS-UIQ and appficable law. Our responsibilitles under those stsndards are further described in the Auditor's responsibllftl8s for the audlt of the flnanctal stat8ments seclion of our report. We are Independent of the Charty tn accordance wnh Ihe ethlcal requlrements that are relevant to our audlt of Ihe financlal statements n the UK and have fulfilled our other ethical responsibllities In accordance with these requirements. We befve that the audlt gvidence we have obtsined is Suff18nt and appropriate to provlde a basls for our opinlon. Concluslons relating to golng concern We have nothing to report in respect of the followlng matters In relath?n to whtch the ISAS (UK) requlre us to report to you where: the trustees, use of the golng concern basls of accountlng in the preparatlon of the fhancHI statements is not appropriate; or the trustees have not disclosed in the financlal ststemgnts any KIentifd material uncertalnties that may cast slgnfficant doubl about the Charty's abillty to contlnue to adopt the golng concern basls of accountlng for a period of at least twefrrfe months from the date when the financial statements are authorised for Issue. Other infomiatlon The trustees are responsible for the other information. The other information comprises the information included in the annual report other than the financial statements and our auditofs report thereon. Our opinion on the financial slatements does not cover the other informatk)n and, except to the extent otheThvlse expliciuy stated In our report, do not express any form of assurance concluslon thereon. In Gonnection wlth our audit of the financial stateffRnts, our responsbllity is to read the other information and. In dolng so, conslder whether Ihe other Information Is materially inconslstent wilh the financlal statements, or our knowledge obtained in the audlt or otherwlse appears to be matsrlally mlsstated. If we identify such materlal inconsistencies or apparent materlal misstatements, we are required to determlne whether there is a material misststement in the financBI statements or a material mlsstatement of the other snformatton. rf. based on the work we have performed. we conclude that there Is a material misstatement of this other information, we are required to report that fact. We have nothing to report in Ihls regard. Mattors on whl¢h we ar• requlred to report ex¢eptlon In the Ilght of the knowledge and underslandlng of the Charfty and ts envlronment obtslned in the course of the audi( we have not ldentjrd matsrial misstatements in the Trustees, Annual Report.
Preston Muslim Society, Quwwatul Islam Masjid Independent Auditor's Report to the Trustees (Cont) We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires us to report to you if, in our opinion: sufficient accounting records have not been kept., the financial statements are not in agreement with the accounting records and returns., or we have not obtained all information and explanations necessary for the purposes of our audit. Responsibilities of the Trustees As explained more fully in the trustees, responsibilities statement set out on page 3, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the Charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charty or to Cease operations. or have no realistic alternative but to do so. Our responsibllities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will aayS detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material rf, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Use of the report This report is made solely to the Charity's trustees, as a body, in accordance with section 144 of the Charities Act 2011 and the regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the Charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity's trustees as a body. for our audit work, for this report, or for the pini ns e have formed. Signed: Date: 1711012025 Ilyas Patel {FCCA) Senior Statutory Auditor for and on behalf of Ilyas Patel (Accountants) Limited, Statutory Auditor Chartered Certified Accountants Soloman House, Belgrave Court, Fulwood Preston, Lancashire, PR2 9PL
NY Preston Muslim Society, Quwwatul Islam Masjid Section A: Statement of Financial Activities For The Year Ended 31 March 2025 Charlty No 1158609 Restrlcted Income funds Endowment funds Total thls year Recornmended categorles by a¢tlvity Unrestricted funds Last year Detsils ol own analysls F04 F05 Incomlng resources (Note 3) Incoming resources from enerated furKIs Vdunwy income Activi85 fut F01 F02 F03 S01 442,054 147 503 476 507.243 167 524 215 442,054 147,503 476 Incomlng resourcgs from harltalAè a¢tlvlll•s other inc(¥nlng resources Grants and Gtft Total incomlng resources SC6 Resources expended {Notes 4.8) Costs of Gen8ratlng Fund5 C(sts vc4uDt8ry Ir0 68.283 658,316 674,982 658,316 224,873 189.934 S07 224,873 FUr¥s11¥ tradiw CQtsL8 1rfv6s1ml manawn&)t cts8ts Charitablo activltlos S10 327,140 11,135 177,907 8,504 327,140 11,135 S11 Go¥*rnartce costs other resourees exptnded S12 376,345 Total resources expended S13 563,148 563,148 Net Incomlng/{outgolng) resourGes beft)re transfers S14 S15 95.168 95,168 298,637 Gross transfers between funds Net incomlng/(outyolng) resources before other recognlsed galns/(losses) other recognised gainsl(losses) Gains and losses on revaluation of fixed assets for the charity's own use Funds transferred from Preston Muslim Society. Charity Number 700936 298,637 S16 95.168 95,168 S17 S18 Net movement in funds S19 95,168 95,168 298,637 4,421,902 4,123,265 Total funds brought forward 3,042,980 33,158 1,345,764 Revaluations In year S21 6,075,467 6,075,467 Total funds caled loard $22 9,213,615 33,158 1,345,764 10,592,537 4,421,902
Preston Muslim Society, Quwwatul Islam Masjid Section B= Balance Sheet As at 31 March 2025 ilnre8trlcted lund8 Re8tricted Income funds Ermlowment Total thls funds year Totsl 1•8t year Fixed assets Tanglble assets F01 7,851,164 F02 F03 1,345,764 F04 9,196,928 F05 3,723,650 (Noto 9) Investments (Note 10> Total fixed assets 600,000 600,000 9 796 928 3 723 650 Current assets Stock and work In progress Debtors {Note 11) (Short term) Investments Cash at bank and In hand Total current assets 3,961 3,961 1,433 799 197 803 158. 799 197 803 158 708 936 710369 Credltors: amounts falllng due wlthln one year (Note 12) B10 7,549 7,549 12,117 Net ¢unpnt a&setrfllabHltles) Total assets less cuffent Ilabllltles B12 10 592 537 Credltors: amounts falllng due after one year (Note 12) Provlslons for Ilabllltles and charg88 813 814 Net assets B15 T13 537 4 421902 Funds of the Charity Unrestrfcled funds 9,213,615 9,213.615 3.042.980 817 Restrfcted Income funds (Note 13) Endowmont funds {Noto 13) B18 33.158 33,158 1,345.764 33.158 1,345,764 B19 1,345,764 Total funds 1345 764 10 592 537 Slgned by one Or1 trustees on behalf of all the tnjstees t>ate of appVal 1711012025 Slgnature Prh)t Name Mr Munir Gurjee
Preston Muslim Society, Quwwatul Islam Masjid Section C: Notes to tlie accounts for the year Ènded 31 Marcli 2025 Note 1 Basls of preparation This sectlon should be completed by all Gharlties. 1.1 Basis of accountlng These accounts have been prepared on the bas6 of hlstorlG cosl basls In accordance wah: Accountng and Re by Chariti8s - Statement of Recommended PractiG8 (SORP 2005); and wtth. Accounling Standards Including Fln8ncBI Reporting Standards FRS10t; and with the Charities ACL 1.2 Change in basls of accountlng There h8s bean no change to the acGountlng po¢18S (valuafjon rules and methods of 8ccounllng) since last year 1.3 Changes to prnvlous accounts No changes have been rrAde to accounts for prevk)us years
Preston Muslim Society, Quwwatul Islarn Masjid Section C: Notes tothe accounts for the year ended 31 March 2025 (Continued) Note 2 Accountlng pollcles Th1$ standard Ilstof a¢GounUngpdl¢le8 has boon appllod ty Iho ¢hartty oxcoptfor the dolele¢L knere & dlff8rent ar addldonal polley has boen adoplod then thls h detallodln tho box below. INCOMING RESOURCES Recoanltlon of Incomlng rn4ource8 These are Induded In the Statemènt of Ftnancknl Actfvftles (SOFA) when: the chath becom88 entitled lo the Trsourys'. the INstae$ are VIrtual certaln thov wlll rec8he the resources: and the ny)netary value can be w41h sufficient r8v1abllV. Vthere U1mIng rèsources have rnlalad expendiiute (as with fundran9 or contract Income) tho Icorntng resources and rOted expendiiurn are reported gro¥s ln the SOFA. Grants and donations ar8 onty Inded In the SOFA vthen the Cha has un¢ondltbnal ntltiement to the resoUS. Tax reclaim8 on donatk•ns and Incomlng resourG8s from tax te¢laim$ ar8 tndudod h the SOFA al the sarn8 Ilme as tho 91ft1o glfts ich Ihgy telate. Contractual Incomo and Trls Is only IndJdod h thg SOFA on¢8 the rolatèd goods or8eNk08 have b•on dored. pfrrlorniance rglaled grants Incomlng regourees wlth rfjlatsd expondlturo Grants Ind donaOon• Glfis In klnd Glfts in klnd are accountad forat a rea80nab eslhmto of thetrvaluo to the Cha or th6 amount a¢tuaW roaltsed. GNts tn ktnd for 8819 or dbrtiullon arn In¢ded In Ihg ac¢ounts as gllts only then sold or dblrfj>uted by tho charfty. Gris In klnd foruse by Ihe thaY are Indudod In the SOFA as Incx)mtng tBsourns whan recefvablg. Donated ¥ervl¢e8 and faclllll?8 These arn only tnduded In Incomlng re80urce$ an equfvalent amount tn rasourcas expended) th8ra tho bonefll to the charfty Is reasonabty quantlfi8bte, m?asurnble and mateL The velua placed on the8e ¥OUrCes Is the estlmatod value to the chartty of the sepAce or fadty rncefved. Volunteer help Th8 value of any voluntary holp recelvgd F8 not Induded Ln the actounls but16 d88crbed In the twstee$' annual r•port. Th151s Inctuded In the accounts Mthen recefvable. ThL% Includes any galn or kiss on Ihe sole of Investments and any galn or loss r8sulllng from valulng Inve81menls lo value al the end of tha year. Inveslmont lftcome Ifftv86knenl galn8 and108SO8 EXPENDITURE AND LIABILITIES Uablllty recognldon Ltabiblles ato reco9ni5od as 8¢on as there ts alogal or o)nstNctive obllgatlDn c4ynnthng Iho tharfty to pay out resource& Indude wsts of the preparatlon and examknath?n of statutory aCUnIs. the sts of Iw8te6 maellngs and cost of any1og81 advl¢e to trustge8 on govem8n¢e Dr wnstltutlonal matters. Vthere the chartty 9has a grnnt th ¢ondlilons for ils paymènt being 8 sp8cifK level of sorvtca or Dulpul to be provhjed. sud) grants are only rocognlked In the SOFA once tha rnctplont ot th¢ grant has provtded the specified seNlc• or oulpuL These arn onty ftC4)gnlsed In tho 8(xx)unts when a cnmrf(mwnt has been made and there arn no conditions to bo mgt ro18tlng to tho grant lch romaln In the control of tho charfty. Support $ts In¢ludg central functlons and have bgan aUoc8led to a¢livNy ¢ost categorfgs on a ba5i8 consistent wilh Iha use of ro¥ources. eg allocang propgrty wsl$ by floor arna8. or per c8ptts, $tsff costs by th6 Umo spent and other costs by thglr usagg. Governance costs Grants wlth perfomianc8 ¢ondlOon8 Grants payable wlthout porformance condlllons 8upport Co$ts ASSET8 Tgnglble flxed 488ots l•r u•9 by ¢harlty Investmenls These arn ¢apitolL8od Lf thgy can be used for morn than one year. 8nd cost at laast £500. They are valued at cosl or 8 reasonablo value on recelpt. Inv8Stmeni8 quoted on a regla&d gto¢ exchangè arn valuad at mathol value at tha year ènd. Other tnvestment assets are kncludad at tNstee8' best estlm3te of motknl valuo. Thaso are valuèd at the lowarof cost or rrotht walua. Stocks •nd w(Kk In progre$8 POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROMTHOSE ABOVE
Preston tkluslim Society, Quwwatul Sslam Masjid Section C: Notes tothe accounts for the year ended 31 March 2025 (Continued) Anatysls of Incomlng resources Inmmlng rnsources maybe furtheranalysed If thls would help the rnaderof the acmunts. Th18 yoar N¢)te 3 Last year Unrestrleted Income Annual DonatEons Charilable actNilles M8drasah students fund Lancashtre CC and Grant Income Funeral fund 319 372 500 Total Restrf¢ted income Total Actfvltle8 for generatlng funds Income from UK bweskn8nt prOrt8 Total 167 524 Inve8tmonl Income Bank tntsrest recehY8ble 476 215 Total 476 215 InGomlng re$our¢es from charitablè actlvltles Total Other Income Re8oiir¢e¥ GfftAld Total Total Income 658,316 674.982 10
Preston Muslim Society, Quwwatul Islam Masjid Section C: Notes to the accoLJnts for the year ended 31 March 2025 (Continued) Nol• 4 Anatysls of resources expended ReWu08 expended may be further analysed If thls would holp the reader of the accounts. Th1$ year Last yéar sls Costs of generatlng voluntary In¢ome Purchases unrestricted Costs Staff costs Trav81 Ex enses Rates and Utlllttes Re alrs & mahtenance Insurance Tele hone Other office c05ts Bank Cha and Interest Sundr reciation Note 7.1 128 837 90 40 435 Total Fundrnlslng tradlng sts Total Investment management Costs Total Charltable actlvltl08 Donallons - Save our world Donalk)ns - An el Welfare Donatlons - Benefft Manklnd Donatlons - Héal Human Donalion$ - AJ)dulL9h ANJ Hos Donattons - As Subah Trust Donattons - Quwwat Foundation DonatK>ns - Other 141307 132 921 Total Governance ¢0gt$ Accountanc Audit Fe8S al & Professional Note 62 Note 62 4.800 Total Total Costs 563 148 11
Preston Muslim Society, Quwwatul Islam Masjid Section C: Notes to the accounts for the year ended 31 March 2025 (Continued) Note 5 Support Costs Please complete thls note rf the charfty has anatysed fts expenses using actfvity categori•s and has support costs. Charftsble Acllvlty GovomanGe Actlvlty Tolal Cosl Fundralslng acllvlty ort cost t Total Note 6 Detalls of certaln itams of expenditure 6.1 Trustee expon8es Pleaso provlde detalls of the amount of anypayment orrelmbursement of out-of-pocket expenses made to trustees or to thlrd parties for expenses IncunBd by trUstS. If no expenses wern paid, please enter'None' In the approprfate box(es). Thls year Last year Number of trustees who were paid expenses Nature of the expenses Total amount pald 2 Fees for examlnatlon or audlt of the accounts Please provlde detalls of the amount pald for any statutory extemal scmtiny of aG¢ounts and otherservlces pmvlded byyourlndependent examlner or audltor. If nothlng was pald please enter NONE In the appmprfate box(es). Thls year Last year Accountancy Fees 2400 2400 Audltors. fees for reportlng on the accounts Othar fe8s (for example: advlca, consultancyi acuntancY serylc•s) pald to the Independent examlner or audltor 4800 4800 12
Preston Muslim Society, Quwwatul Islam Masjid Section C: Notes to the accounts for the year ended 31 March 2025 (Continued} Note 7 Paid employees Please complete thls note If the charfty has any employoe& 7.1 Staff Costs This year Last year Gross wages, salarles and benefits In klnd Redundancy costs Staff Training Penslon ¢08t8 128 072 124 615 10,000 745 128,837 612 135,227 Total staff costs 7.2 Average number of employees In tho year The parts of the charlty In whlch the Fundraising employees work Charitable Activities Governance Other Thls year Number Last year Number 28 33 16 21 Total 7.3 Defined contrfbutlon pension scheme Please complete If a deflned contrlbution penslon scheme Is o Briof detalls of the scheme erated. Thls year Last year The costs oftho scheme to the charlty for the year The amount of any contrlbuUon$ outstandlng at tho year end The amount of any contrlbullons propald at the year end 13
Preston Muslim Society, Quwwatul Islam Masjid Section C- Notes to the accounts for tlie year ended 31 March 2025 {Continuedl Note 8 Grantmaking Please complete thls note If the charity made any grants or donatlons whlch In aggrngate fomi a materfal part of the charitable actlvltles undertaken. 8.1 Total value of grants Grants to institutlons Total amount £ Grants to Indlvlduals Total amount £ Pu ose for whlch rants made Total 8.1 Grantmaklng costs If the Charfts accounts are propared on the "actfvity basis" please glve deta115 of any support cost assoclated wlth grantmakn"ng. Please enter "Nil" If the chan-ty does not Identify and/or allocate support costs. Support costs of grantmaking 8.3 Grants made to instltutlons the charfty has made grants to partlcular Instltutlons that arn materlal In the ntext of its grantmaklng plea88 glve details of the Institution supported. purpose of the grdnt and total paid to each Instltutlon listed. Suffldent Infomiation should be Iven to mvlde a reasonable understandln of the ran e of Instltutlons su orted. Total amount of grants ald £ Names of Institutlons Purpose Total grants to Instltutlons 14
Preston Musllm Soclety, Quwwatul Islam Masjid Section C: Notes to the accounts for the year ended 31 March 2025 (Continued) Note 9 Tangible fixed assets Please Complete thls note If the charfty has any tanglblg flxed assets 9.1 Cost or valuation Flxtures. fitungs and equlprnènt Payments on a¢count and assets under construction Total Freèhold land & bulldlngs oth8r land & bulldlngs Plan( machlnery and motor v•hlcles 3,761,146 Balance brought forward 3,709,533 51.613 1,787 1,787 Additb)ns 6.075.467 Revalualions 6,075,467 Disposals Transfers Balance carried forward 9.2 Accumulated depreclatlon and Impalmiènt provlslons -Basis RBM {600.0001 9.238.400 1600.000} 9,185,000 53,400 RBM RBM RBM 25/0 RBM 25/a Rate 37,496 3.976 37,496 3.976 Balance brought forward Depreciation charge for year Impairment provisions Revaluations Dispos81s Transfer5. Balance carried forward 41,472 41,472 9.3 Net book value Brought forward Carried fOard 3,723.650 9,196,928 3,709,533 9,185,000 14,117 11.928 9.4 Revaluatlon Property h8s been revalued to lake into account current maTk&t values. A revaluation resarve has been crealed of £6.075.467 to incrèas8 the combined rllarkel value ol all propertles at £9,785,000. The valuation was Carried out by Lea Hough Chartered Surveyors on 31st March 2025
Preston Muslim Society, Quwwatul Islam Masjid Section C: Notes to the accounts for the year ended 31 March 2025 (Continued) Note 10 Investsnent assets Please complete thls note If the charity has any Investment assets. 10.1 Flxed assets Investments Carrylng (market) vatue at beginnlng of year Add: additions to Investrnents at cost transfer from charty number 700936 Transfers from Freehold nd and buildlngs Le85: disposaLs at carrylng va8 Addl(deduct): net galnl(loss) on revahjalion Carylng (market) vae at end of year 600,000 600,000 Ploaso provlde below.. 10.2 A breakdown of the market values of Investments shown above agreelng wlth the balance sheet row BO3. 10.3 A breakdown of tha Income from investments agreelng with SOFA row SO3. Analysls of investments 10.2 Market valu? at yoar end 10.3 Income from Invastmants for the year Investment propertles Investments Ilsted on a re¢ognlséd stock exchange or held In common Investmonl funds, open ended Investment Gompanles, unlt trusts or other collectlve Investment scheme8 Invostments In subsidlary or conneGtod undertaklngs and Mmpanl•s Securftles not Ilsted on a recognlsed Stock Exchange Cash held as part of th¢ Investment portfollo Other investmants Total 1 OA Material Investment holdings If any singlo Investment Is matorfal In temis of Its value (for example represents mora than 5 per cenl of tha value of the charlty's total Investments) please provlde detalls. Investment held mark Value 16
Preston Muslirn Society, Quwwatul Islam Masjid Section C.. Notes to the accounts for the year ended 31 March 2025 (Continued) Debtors and prepayments Please complete thls note Ir the charlty has any debtors or Analysls of debtors Note11 ents. Amounts falllng due wlthln one year Thls year Last year Amounts falllng due after more than one year This year Last year Trade debto Amounts due from subsldlary and as80ciated undertakings Other debtors Prepayments and aGcrued In¢om8 550 562 3,399 3,961 130 753 1,433 Total Note 12 Credftors and accruals Please complete this note ff the charlty has anycreditors oracctual& 12.1 Analysls of credltor8 Amounts falllng duo wlthln one year Thls year Last yoar Amounts falllng due aft more than one year This year Last year Loans and overdrafts Trade creditors Amounts due to subsidlary and assoclated undertaklngs Other Credltors Accruals and deferred Income 7.549 7.549 12.117 12,117 Totsl 12.2 Securlty over assets Many loan. overdrdft orother credltorholds a charye or other secun-ty over any assets of the ¢harityplease provlde detalls. 17
Preston Muslim Society, Quwwatul Islam Masjid Section C: Notes to the accounts for the year ended 31 March 2025 {Continued) Note 13 Endowment and restricted Income funds Please complete thls section Af the charity has any endowment orrestrlcted Income fund& 13.1 Funds held Please glvo a brlef descrfptlon of any of the following type of funds held by the charlty: pemianent endowment funds (PE); expendable endowment funds (EEI; and restrfcted Incomo funds, includlng speclal trnsts. of tho charlty (R). Fund Name Type PE, EE Purpose and Rostrfctlons orR For Bullding & Development of Education Centre EducatM Centre PE 13.2 Movements of major funds Please give detalls of the movements of the maiorfunds summarfsed In the restrlcted and endowment columns of the Statement of Flnancial Actlvltles. Fund Fund balances balances carrled brought forward fomard Outgolng resourc88 Galns and lossos Incomlng rèsources Transfers Fund names New Building Fund transfer from char number 700936 EduGation Centre transfer from char. number 700936 717 000 Total Funds 1.345.764 1.345,764 13.3 Transfers between funds Please glve detaits of any trdll5fers botW8en funds. From Fund Name To Fund Name Reason Amount 18
Preston Muslim Society, Quwwatul Islam Masjid Section C: Notes to the accounts for the year ended 31 March 2025 (Continued) Transactions wlth related parties ff the charlty has any trnnsaGtions wlth related partlos (other than the trustee expenses explained In note 6) details of such transactlons should be pmvided In thls note. If there are no trdnsactlons to reporti please enter"None" In the relevant boxe& 14.1 Remuneratlon and beneflts Pleasa glve the amount of, and legal aUthoY for. any remuneratlon or otherbenefts pald to a trustee or other related partles by the ¢han"ty or any Instltutlon or company connected wlth It. Note 14 Amounts paid or beneflt value This year Last year Name of trustee or connected party Legal authorlty (eg order. governing document) 142 Loans Please glve det8lls of and amounts owing to or from the charfty's trustees or otherrnlated partles by the charfty at the year end. Amount owing Thls year Last year Namo of trustee or Connected party Legal authorlty Due to trustee8 and rolated parties Due from trustees and related partles 1&3 Other tran8action(8) wlth trustees or related partlas Please glve details of any trdnsaGtlon undertaken by (or on behalf OQ the Gharfty In whlGh a trustee or related party has a materfal interest. Name of tho trustee or rolated art Descrfptlon of tho transaction Thls year Last yoar Relatlonshl to charit 19