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2023-03-31-accounts

Registered charity number 1160726

MUHADDITH E AZAM MISSION LEICESTER

TRUSTEES' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

MUHADDITH E AZAM MISSION LEICESTER

CONTENTS

Page
Legal and administrative information 1
Trustees' report 2 - 3
Statement of trustees' responsibilities 4
Independent examiner's report 5
Income and expenditure account 6
Balance sheet 7
Notes to the accounts 8 - 10

MUHADDITH E AZAM MISSION LEICESTER

LEGAL AND ADMINISTRATIVE INFORMATION

Chairman Salim Komal
Trustees Salahuddin Chughtai
Nizamuddin Ugradar
Iqbal Abdullah Khansaheb
General secretary Salahuddin Chughtai
Treasurer Iftikhar Ahmed
Principal address 170 Prestwold Road
Leicester
LE5 0EZ
Charity registration number 1160726
Accountants Malik & Co
Certified Public Accountants
32 Turner Road
Leicester
LE5 0QA
Bankers Barclays Bank Plc
Leicester
LE87 2BB

1

MUHADDITH E AZAM MISSION LEICESTER

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2023

The trustees present their report with the financial statements of the charity for the period ended 31st March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019.)

The accounts have been prepared in accordance with the relevant accounting policies and comply with the Muhaddith E Azam Mission Leicester, applicable law and other requirements.

OBJECTS OF THE CHARITY

Muhaddith E Azam Mission Leicester is a charity with the following objectives:

To adopt ways and means in order to improve, protect and promote the Religious, Educational, Social and Cultural interests of all Sunni Muslims living within local area.

To serve as a Centre of Learning and to teach the principles of the Islamic Faith in accordance with the Sunni Path.

To guide Muslims in Islamic Affairs.

To provide advice and information when necessary.

To actively promote and provide facilities and activities for the benefit of the local muslim men and women, young and elderly.

To promote racial and religious harmony by engaging with local indigenous community.

To achieve these aims Muhaddith E Azam Mission Leicester has organised and been involved in various activities as described later.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The Centre provides Islamic prayer facilities including the Friday prayers and other inhouse activities such as events, the two Eid festivals and community activities.

FINANCIAL REVIEW

Principal funding sources

Muhaddith E Azam Mission Leicester raised funds for the maintenance and upkeep of the Centre through various means including regular donations from members, collections during peak periods and from the funding events during the course of the year.

Reserves policy

The charity aims to keep sufficient reserves to meet costs of its ongoing activities, as well as anticipated renovation works and a provision for any unexpected costs related to the planned town changes in the near future.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

Muhaddith E Azam Mission Leicester is an unincorporated Charity, constituition adopted on 03/03/2015 and registered with the Charity Commissioners under the charity number 1160726.

2

MUHADDITH E AZAM MISSION LEICESTER TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2023 REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1160726 Principal address 170 PreS￿￿Id Road Leicester LE5 OEZ Trustees Salahuddin Chughtai N¥zamuddin Ugradar Iqbal Abdullah Khan5aheb Trustee Indudion and Training All new trustees receive a planned induction programme before taking up their place on the board. This includes an explanation of their roles and ￿SpOnsIbl11￿"e$. an introduction lo other trustees. an ovetview of recent activities and an explanation of broad fomiat and process. Risk management The trustees have a duty to identify and review the risks lo which the charity is exp)sed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Review of tho Financlal Statements The trustees consider the results of the year to be sabsfaclory where they received donabons of £45,552 and during the year charity carried out its objectives successfulty. On behalf of all trustees, we would like lo thank all of our donors and volunteers who helped the charity to carry out the activities successfulty over the year. Independent Examiner Malik & Co Certified Public Accountants 32 Turner Road Leicester LE5 OQA Approved by order of the board of trustees on 15 January 2024 and sbgned on its behalf by.. Salahuddin Chughtai Nrzamuddin Ugradar

MUHADDITH E AZAM MISSION LEICESTER

STATEMENT OF TRUSTEES' RESPONSIBILITIES

Law applicable to charities in England and Wales requires the trustees to prepare accounts for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year (unless the charity is entitled to prepare accounts on the alternative receipts and payments basis).

In preparing accounts giving a true and fair view, the trustees should follow best practice and:

Select suitable accounting policies and then apply them consistently;

Make judgements and estimates that are reasonable and prudent;

State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the accounts;

Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the accounts comply with the applicable law. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

4

MUHADDITH E AZAM MISSION LEICESTER

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MUHADDITH E AZAM MISSION LEICESTER FOR THE YEAR ENDED 31 MARCH 2023

I report on the accounts of the charity for the period ended 31 March 2023, which are set out on pages 5 to 8.

Respective Responsibilities of Trustees and Examiner

As the charity's trustees you consider that an audit is not required for this year. It is the charity's trustees who are responsible for the preparation of the accounts; you consider that the audit requirement of Section 144(2) of the Charities Act 2011 (The 2011 Act) does not apply, and that an independent examination is needed. It is my responsibility to examine the accounts under Section 145 of the 2011 Act and to state, on the basis of procedures, specified in the General Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act, whether particular matters have come to my attention.

Basis of Independent Examiner's Report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees

The procedures undertaken do not provide all the evidence that would be required in an audit, and

a "true and fair view" and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

(1) Which gives us reasonable cause to believe that on any material respect the requirements

(2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mr Q Abbas FICB, ACPA Malik & Co Accountants Ltd Certified Public Accountants 32 Turner Road Leicester LE5 0QA

15 January 2024

5

MUHADDITH E AZAM MISSION LEICESTER

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

Income resources
Donations and offerings
Total incoming resources
Resources expended
Expenditure
Repairs and replacements
Wages and salaries
Staff pension
Light and heat
Rates and water
Telephone, fax and internet
Insurance
Purchases - books and Madressa bags
Subscriptions
Printing, postage and stationary
Sundry expenses and cleaning
Depreciation on land and building
Depreciation on fixtures and fittings
Management administration
Legal fee
Accountancy and bookkeeping fee
Total resources expended
Net income (expenditure) for the year
Funds balance at 1 April 2022
Funds balance as at 31 March 2023		 Restricted
£
-
-
-
-
-
-
-		 Unrestricted
£
45,552
45,552
114
23,167
175
8,009
2,204
612
1,141
-
100
-
53
4,414
622
720
1,200
42,531
3,021
229,326
232,347		 2023
£
45,552
45,552
114
23,167
175
8,009
2,204
612
1,141
-
100
-
53
4,414
622
720
1,200
42,531
3,021
229,326
232,347		 Total
2022
£
29,743
29,743
2,960
14,749
229
2,418
2,896
612
1,119
1,743
100
431
188
4,504
751
-
1,110
33,810
(4,067)
233,393
229,326

6

MUHADDITH E AZAM MISSION LEICESTER BALANCE SHEET AS AT 31 March 2023 2023 2022 Notes Flxod ass•ts Tangible a55étS 218.1e6 222,968 Current ass•ts Cash at bank and in hand Other debtors 25.(M)5 27,741 25,005 27,799 Current Ilabllltles Creditors and accruals Other creditors 1.200 1,522 2.722 920 2.421 3.341 N•t eurrènt assets 24,458 Loans- lQarz*Hasnal {8.ICKJI 118.1CQI Total ass•ts le$$ Current Ilabllltl•s 232,347 229.326 Incom8 fund5 Unrestricted fund 232,347 229,326 232.347 229.326 These accounts were approve(I by the Trusteès on 15 January 2024. Signed on beham of the Trustees S8lahuddin Chughtai Tru$tee Nr￿mUddIn Ugradar Trustee

MUHADDITH E AZAM MISSION LEICESTER

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

1.1 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.

1.2 INCOMING RESOURCES

Donations and offerings are raised from the general public and other charities recognised in the Statement of Financial Activities when they become receivable.

1.3 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.

1.4 RESOURCES EXPENDED

Resources expended are recognised in the period in which they are incurred.

1.5 TANGIBLE FIXED ASSETS AND DEPRECIATION

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and building 2% reducing balance Office equipment 25% reducing balance

TAXATION

The charity is exempt from tax on its charitable activities

2 Employees

Number of employees
The average monthly number of employees during the year was:
Imams and teachers
Employment costs
Wages and salaries
PAYE and NI		 2023
2022
Number
Number
2
3
2023
2022
£
£
23,167
14,749
-
-
23,167
14,749

There were no employees whose annual emoluments were £60,000 or more.

8

MUHADDITH E AZAM MISSION LEICESTER

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

3 Trustees remuneration and related party transactions

No trustees received any remuneration or expenses during the year (2022 : £NIL)

There were no related party transactions in the year (2022 : £NIL)

4 Tangible fixed assets

Cost
At 1 April 2022
Additions
At 31 March 2023
Depreciation
At 1 April 2022
Charge for the year
At 31 March 2022
Net book value
At 31 March 2023
At 31 March 2022
5
Current liabilities
Other creditors
Accruals
Amounts falling due within one year
6
Long term liabilities
Loan (Qarz -E- Hasna)
Amounts falling due more than one year		 Land &
building
£
254,126
254,126
33,411
4,414
37,825
216,301
220,715		 Equipment,
fixtures &
fittings
£
11,196
234
11,430
8,943
622
9,565
1,865
2,253
2023
£
1,522
1,200
2,722
2023
£
8,100		 Total
£
265,322
234
265,556
42,354
5,036
47,390
218,166
222,968
2022
£
2,441
900
3,341
2022
£
18,100

9