2024-03-31-accounts

Registered charity number 1160726

MUHADDITH E AZAM MISSION LEICESTER TRUSTEES' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

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

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MUHADDITH E AZAM MISSION LEICESTER

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024

The trustees present their report with the financial statements of the charity for the period ended 31st March 2024. 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.

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MUHADDITH E AZAM MISSION LEICESTER TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAILS Registered Charlty number 1160726 Principal address 170 Pres￿OId Road Leicester LE5 OEZ Trustees Salahuddin Chughtai Nizamuddin Ugradar Iqbal Abdullah Khansaheb Trustee Inductlon and Tralning All new trustees receive a planned induction programme before taking up their place on the board. This includes an explanation of their roles and responsibilities, an introduction to other trustees, an overview of recent activities and an explanation of broad format and process. Rlsk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Revlew of the Flnanclal Statements The trustees consider the results of the year to be satisfactory where they received donations of £37,959 (2023.. £45,552) and during the year charity carried out its objectives successfully. On behalf of all trustees, we would like to thank all of our donors and volunteers who helped the charity to carry out the activities successfully 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 8 January 2025 and signed on its behalf by: Salahuddin Chughtai Nizamuddin 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.

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MUHADDITH E AZAM MISSION LEICESTER INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MUHADDITH E AZAM MISSION LEICESTER FOR THE YEAR ENDED 31 MARCH 2024 I report on the accounts of the charity for the period ended 31 March 2024, 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(21 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)Ib) of the 2011 Act, whether particular matters have come to my attention. Basls of Independent Examlner'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. Indepondent Examlner'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 To keep accounting records in accordance with Section 130 of the 2011 Act., and To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act, have not been met., OR (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 OQA 8 January 2025

MUHADDITH E AZAM MISSION LEICESTER

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024

----- Start of picture text -----
Total
Restricted Unrestricted 2024 2023
£ £ £ £
Income resources
-
Donations and offerings 37,959 37,959 45,552
-
Total incoming resources 37,959 37,959 45,552
Resources expended
Expenditure
Wages and salaries 15,335 15,335 23,167
Staff pension - - 175
Light and heat 6,153 6,153 8,009
Rates and water 1,668 1,668 2,204
Repairs and replacements 6,026 6,026 114
Telephone, fax and internet 612 612 612
Insurance 1,164 1,164 1,141
Subscriptions 100 100 100
Sundry expenses and cleaning 58 58 53
Depreciation on land and building 4,326 4,326 4,414
Depreciation on fixtures and fittings 466 466 622
Management administration
Legal fee - - 720
Accountancy and bookkeeping fee - 780 780 1,200
-
Total resources expended 36,688 36,688 42,531
-
Net income (expenditure) for the year 1,271 1,271 3,021
-
Funds balance at 1 April 2023 232,347 232,347 229,326
Funds balance as at 31 March 2024 - 233,618 233,618 232,347
----- End of picture text -----

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MUHADDITH E AZAM MISSION LEICESTER BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Flxed a8sets Tangible assels 213,374 218,168 Current a888ts Cash at bank and in hand Other debtors 24,155 25.005 24,155 25,005 Current15abilitie8 Creditors and accruals Other creditors 780 31 811 1,200 1.522 2,722 Not current a88èts 23,344 22,283 Loans- {Qarz-e-Hasna) 13,1001 (8,100) Total a880ts le88 currént Ilabllltle8 233,618 232,347 Income fund8 Unrestricted fund 233.618 232,347 233.618 232,347 These account5 were approved by the Trustees on 8 January 2025. Signed on behalf of the Trustees Salahuddin Chughlai Trustee Nizamuddin Ugradar Trustse

MUHADDITH E AZAM MISSION LEICESTER

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

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	2024 Number 2 2024 £ 15,335 - 15,335	2023 Number
		2
		2023 £ 23,167 -
		23,167

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

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MUHADDITH E AZAM MISSION LEICESTER

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

3 Trustees remuneration and related party transactions

No trustees received any remuneration or expenses during the year (2023 : £NIL)

There were no related party transactions in the year (2023 : £NIL)

4 Tangible fixed assets

Cost At 1 April 2023 At 31 March 2024 Depreciation At 1 April 2023 Charge for the year At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 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 37,825 4,326 42,151 211,975 216,301	Equipment, fixtures & fittings £ 11,430 11,430 9,565 466 10,031 1,399 1,865 2024 £ 32 780 812 2024 £ 3,100	Total £ 265,556
			265,556
			47,390 4,792
			52,182
			213,374
			218,166
			2023 £ 1,522 1,200
			2,722
			2023 £
			8,100

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MUHADDITH E AZAM MISSION LEICESTER

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

7 Movements in funds At 1 April 2023 Net movement in funds At 31 March 2024	Restricted fund £ - - -	Unrestricted fund £ 232,347 1,271 233,618	Total fund £ 232,347 1,271
			233,618

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