REGISTERED CHARITY NUMBER: 1160479
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
Tawheed Islamic Education Centre of Maidenhead CIO
Eccounting UK AR Business Centre 12 The Crofts Rotherham South Yorkshire S60 2DJ
Tawheed Islamic Education Centre of Maidenhead CIO
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
Tawheed Islamic Education Centre of Maidenhead CIO
Report of the Trustees
for the Year Ended 31 March 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is a Charitable Incorporated Organisation and controlled by its constitution.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1160479
Principal address
22 Cookham Road Maidenhead SL6 8AJ
Trustees
Mr Ali Akhtar (General Secretary) Dr Asif Ali (Chairman) Mr Mohammed Rashid (Treasurer) Mr Mohammed Irfan Rafiq (Deputy General Secretary) Mr Sajid Ali (Deputy Chairman) Mr Ashfaq Mahmud (Deputy Treasurer) Mr Zulfikar Ali Mr Ashraq Nazir Mr Tariq Mahmood Majeed Mr Yaseen Mohammed Hussain Mr Mohammed Salim Mr Mohammed Hanif Mr Mohammed Razaq Mr Jaweed Akhtar
Independent Examiner
Shoakat Zaman Eccounting UK AR Business Centre 12 The Crofts Rotherham South Yorkshire S60 2DJ
Approved by order of the board of trustees on 27 January 2026 and signed on its behalf by:
Dr A Ali - Trustee
Page 1
Independent Examiner's Report to the Trustees of Tawheed Islamic Education Centre of Maidenhead CIO
Independent examiner's report to the trustees of Tawheed Islamic Education Centre of Maidenhead CIO
I report to the charity trustees on my examination of the accounts of Tawheed Islamic Education Centre of Maidenhead CIO for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Financial Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Shoakat Zaman The Institute of Financial Accountants
Eccounting UK AR Business Centre 12 The Crofts Rotherham South Yorkshire S60 2DJ
27 January 2026
Page 2
Tawheed Islamic Education Centre of Maidenhead CIO
| Statement of Financial Activities for the Year Ended 31 March 2025 Notes INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Donations and aid Other Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
31.3.25 Unrestricted fund £ 326,596 42,939 55,261 98,200 228,396 2,384,342 2,612,738 |
31.3.24 Total funds £ 155,016 |
|---|---|---|
| 32,396 54,688 |
||
| 87,084 | ||
| 67,932 2,316,410 |
||
| 2,384,342 |
The notes form part of these financial statements
Page 3
Tawheed Islamic Education Centre of Maidenhead CIO
Balance Sheet 31 March 2025
| 31.3.25 | 31.3.24 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 4 | 2,065,562 | 2,065,562 |
| CURRENT ASSETS | |||
| Cash at bank | 547,826 | 319,430 | |
| CREDITORS | |||
| Amounts falling due within one year | 5 | (650) | (650) |
| NET CURRENT ASSETS | 547,176 | 318,780 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 2,612,738 | 2,384,342 | |
| NET ASSETS | 2,612,738 | 2,384,342 | |
| FUNDS | 6 | ||
| Unrestricted funds | 2,612,738 | 2,384,342 | |
| TOTAL FUNDS | 2,612,738 | 2,384,342 |
The financial statements were approved by the Board of Trustees and authorised for issue on 27 January 2026 and were signed on its behalf by:
Ut
A Ali - Trustee
om
A Mahmud - Trustee
The notes form part of these financial statements
Page 4
Tawheed Islamic Education Centre of Maidenhead CIO
Notes to the Financial Statements for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
continued...
Page 5
Tawheed Islamic Education Centre of Maidenhead CIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
| 3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Donations and aid Other Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 4. TANGIBLE FIXED ASSETS COST At 1 April 2024 and 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 |
Unrestricted fund £ 155,016 32,396 54,688 87,084 67,932 2,316,410 2,384,342 Freehold property £ 2,065,562 2,065,562 2,065,562 |
|
|---|---|---|
continued...
Page 6
Tawheed Islamic Education Centre of Maidenhead CIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 6. MOVEMENT IN FUNDS At 1.4.24 £ Unrestricted funds General fund 2,384,342 TOTAL FUNDS 2,384,342 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 326,596 TOTAL FUNDS 326,596 Comparatives for movement in funds At 1.4.23 £ Unrestricted funds General fund 2,316,410 TOTAL FUNDS 2,316,410 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 155,016 TOTAL FUNDS 155,016 |
31.3.25 £ 650 Net movement in funds £ 228,396 228,396 Resources expended £ (98,200) (98,200) Net movement in funds £ 67,932 67,932 Resources expended £ (87,084) (87,084) |
31.3.24 £ 650 At 31.3.25 £ 2,612,738 2,612,738 Movement in funds £ 228,396 228,396 At 31.3.24 £ 2,384,342 2,384,342 Movement in funds £ 67,932 67,932 |
|
|---|---|---|---|
continued...
Page 7
Tawheed Islamic Education Centre of Maidenhead CIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
6. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.4.23 £ 2,316,410 2,316,410 |
Net movement in funds £ 296,328 296,328 |
At 31.3.25 £ 2,612,738 |
|---|---|---|---|
| 2,612,738 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 481,612 481,612 |
Resources Movement expended in funds £ £ (185,284) 296,328 (185,284) 296,328 |
Resources Movement expended in funds £ £ (185,284) 296,328 (185,284) 296,328 |
|---|---|---|---|
| 296,328 |
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 8
Tawheed Islamic Education Centre of Maidenhead CIO
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 March 2025 | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 254,026 | 155,016 |
| Gift aid | 72,570 | - |
| 326,596 | 155,016 | |
| Total incoming resources | 326,596 | 155,016 |
| EXPENDITURE | ||
| Charitable activities | ||
| Casual staff | 13,511 | 9,449 |
| Educational activities | 23,339 | 11,150 |
| Event costs | 6,089 | 11,797 |
| 42,939 | 32,396 | |
| Support costs | ||
| Management | ||
| Rates and water | 2,043 | 2,696 |
| Insurance | - | 5,460 |
| Light and heat | 10,987 | 9,746 |
| Telephone | 1,245 | 1,202 |
| Repair and renewals | 6,885 | 10,685 |
| 21,160 | 29,789 | |
| Other | ||
| Wages | 12,396 | 12,078 |
| Staff accommodation | 18,000 | 9,000 |
| Car park rent | 2,790 | 3,050 |
| 33,186 | 24,128 | |
| Governance costs | ||
| Accountancy and legal fees | 915 | 771 |
| Total resources expended | 98,200 | 87,084 |
| Net income | 228,396 | 67,932 |
This page does not form part of the statutory financial statements
Page 9