CHARITY REGISTRATIOM NUMBER-. 1163032 Worksop Islamic Society Trust Financial Statements 31 March 2024
Worksop Islamic Society Trust Flnancial Statements Year ended 31 March 2024 Page Trustees, annual report Independent examiner's report to the mcmbers Statement of f]nancial activities Statement of financial position Notes to the fmancial statements
Worksop Islamic Society Trust Tru5tees' Anmial Report Year ended 31 March 2024 The trustees present their report Ènd the fiJxancia] srat¢ments of the ehArity for the year endal 31 March 2024. Reference and administratlve detalls Rryhler2d charfty namo WoTksop Islamic Society Tn Chaftty rpg18trn numbgr 1163032 PrIncl offleo 34 Wats(w lioad Worksop S80 2BE unEtxI8donL Thg trusts08 Dr Abdul Rglullau El KbRtib DrAnw8rASi Khan DT GbulÈm MUbMad Wattoo Najam UJ S8qib Dr Sy¢d Sh8kiL Javed Hasbmi N(r Tariq Saadat structur•, Gov¢marK and Alanigwn•nt Governfing document The,.Worksop. Is181C So¢iety Trst (WIST} is a chatitablc trnsL registered with the Charity coMlS5]0 under th¢ ¢hBrity nutnljer 1163032. It is corytrolled by its govertting docum¢n( th¢ ttU8t deed.fast updated QD the IS of JY 2015. OrgaDf$g4tfoDal Structure Th¢ ¢hariry comprises of sevett 'first' tstee$ who arc r¢spottsible for tbe general tonirol 4Dd managemtnr of khe cltarity. The tÈu$Éees give their tiTne freely dnd recexve no remunerarion or other fLnancAal b¢D¢fits. The t[USt rneet togetber as a body on rcgular basis at are respotssible for all dectsiontaken in rel8tion to running the Communiiyfa¢ilitie5 8nd aLLivities provided bythe ch1y. The orrice bearers consist of a Chairan. Secretary and TLr45uE¢r. AS$k Manag¢ment The trustees ad office be8rer8 have a duty to identify T¢Vi¢W the Tisks to which the Charity ts exposed to ensure appropriat¢ ¢ontrols I¢ plact to provide reasonable assuraCe a8OillSt vandalism. fraud and ettor. Tbc It¢e8 and office bearer are satksfi¢d that ¥y5tenis are Tn place. or angements are in to the risks tlvt have been identified. Ill particular, insurBnce cover in place and fmance5 of the WIST ai¢ kept und¢r review. We 5hull future put iii p18C¢ 53feguHrdin8 polici¢s wh¢n we plan to start our artiviues incliidin£ edU10n in particular for all those whow0ryth ¢hilthkn£s&*vuknerabl¢8roups within theWIS"1". ObJ¢¢tlves 8lld 8Ctlvitie5 The dims alld objectivcs of the chartty gre set out iTh the clwity's trud drrd and are sun)mtrized aÈ follows.. To advaTh¢e ibe 18lami¢ faith in the WoFksop area for bcncfit of the public its ptitticulgx through th¢ holditt¥ of prayer m¢¢tin8s. lectures. the public eelebration of religiow frthivals of th¢ Iglamic hith to enlighten othercoJnmumiti¢s. To advance the education of. and to provide facilities in the interesis of social w¢lfar¢ ftbr leisuTe-time o¢wpatiOE] vjith objeotivBs of improving the conditiolls of th6 lifr for T¢sidents of Worksop attd the
Worksop Islamic Society Trust Trustees, Annual Report Year ended 31 March 2024 eighbouthood by thepTOVl8ion. alteance of the COrnTnunity centre. Achievement8 performance The a¢hitveJnenis of th¢ Charity iowards our #ims and obj¢¢tivcs througboui this yegx are sumn3aris¢d yfolloi4'8'. Th¢ ConnUatiOn of th¢ r¢furbishm¢nt works of th¢ buiIding that would b¢ us¢d as thc mAin pr¢1)st foi thy Charity and be used as both ¥ ¢etrtre prayer facility forthe ¢omrttunity. Ext¢nsive fundraisig activktits throughout th¢ yearto allow forth¢ r¢furbishm¢nt4nd collv¢rgion to conlillue. Pl8Jning. sllrveyiD8 ¥Ining all the necessllry permissÉans for the conversion of th£ property t(1 a cnÉr¢ and prayer facility. Engagement exercises with the local colluLunity. local authorities and religious 8roupsofU¥aiths:;: Completion of the Primary COnStru¢titrn work on the property in ApTiI 2021. Financial review 'I"h¢ trnstccs havc reviewed th¢ reseryes of the charity, ¢urr¢ntly all of th¢ rnon¢y held in the bank is EUJtC5trictcd funds. Thcsc fuDds arc hcld in oidct to piovidc foi thr c05ts of thc ncw wmmi"YJlty ¢cntre and primarily thc rcfi]rbishrrLCni works of th¢ propety which have $tartcd cxpeciL%I to otDplctc within th¢ ncxt yw. Thc thurity airn5 to hold at l¢a5t £IO.000 in thr bank in to TrVer the expenses of the &sset5 and guard against unforeseen costs. The 50Utc¢ of fund5 arc donations fro the con]munity in thc fomi of Colltion bf>X¢5 attd ectly, a5 regular donations from rAemS and trnstees of the trnst. Trustee$. responslbSlltles $t4¢ement The ttUStees ure iesponsible fuiprepaTill¥ the trustees, report the finAn¢i&l $tatem¢nts in aecoTd&n¢e with appli¢abl¢ l&w Unit¢il Kingdom A¢tIng Stand8rds (Unii¢d Kingdorn G¢n¢r411yAccepted A¢¢ouniÉtigPrnctice). The law applicable b) charities in England and Wales requir&% the clwiry trustees to prepare fillah¢i3l ststeTnenls for each year which gve a true and fair view of the slate ofaffairs of the charity and ot" the incorniftgFe80urces appliesition of re$ource%. of the charity forthat period. D preping these financial statements. the trustees ar¢ required to". select suitable &c¢ountin8 poli¢ies and then apply them cottsis¢ertt]y: observe the methods athd printiples the applitable Charltieg SORP.. tt)2ke judgments and accountingesiimates thatarereasrjnable andprudent" state whether &ppli¢ble UK Accounting St&ndarcis have been followed, sUbJt to any maierial dep8rtufft8 d2sclosed and explaia)¢d ID lh¢ finan¢i41 statements: prepare the finatt¢Aal statements ott the goitt8 concern basis unleES it is inapproprie io pre8uhn¢ that the ChltyWXlI continue in busines8.
Worksop Islamic Society Trust Trustees, Annual Report Year ended 31 March 2024 The trustees aT¢ r¢5ponsli )le for keepin8 adequate accounting CordS that are SUfflet to show and 6xplain th¢ chariws trattsactions and di8r105¢ Wlth T¢ason&bl¢ EccuTrcy at aDy tirnc ihr finsfft¢ial Ptibition of the, tharity ad enable them to eosure th&t tho fJnan¢ial Star¢t8 comply with th¢ Cbarities Act 2011. the applicable Charities (Accounts attd Reports) R¢gulations. al the proY&sions of .the Ttu,si.i)eFd. They atE a]50 rtspon51bl¢ for $&f¢¥udInS the assets of the churity and hence fot tgkitsg reasonable steps fDrthe prevention aT]d detection of fral and vther irtebvul&Tities. Th¢ IruBtees' annual report was approved on 18 Jalluary 2025 ad signed on behalf 0£ ib¢ board of tru&tee8 by.. Trustee , V.IT
Worksop Islamic Society Trust Independent Examlnerfs Report to the Members ot the Worksop Islamic Society Tr41St Year ended 31 March 2024 I report to the trustees on my examination of the aCcoUtS of the Worksop l$lallLiC Society Trust for the yeai ended 3 1 Merch 2024. Re$ponslbllltle$ and bAsA$ of report A$ the tru5trrs. you are re5ponsibl¢ for thc PT¢paTatiou of th¢ 74C¢QUllt5 in accordance with th¢ Charities Act 2011 ("the Actl. I report in respect of my examination of the Tru5t'5 accounts caled out vndcr seciion 145 ot tlie 2011 Act and irl carryin¥ out my ¢%A1n2ti0, I have followed all the applitable Directions gkven by ihe Charity Commissiott under Section 145(5llb) of the Act. IttdÈpÈndéllt éiathlner's gtAtement I bave complctrd my examioation. I cottfinnthat ttD Jnatetial matters haye come to tny attention in connection wirti the ¢xamillation wkniolh gives mt ¢aus¢ io b¢liev¢ that in. 4YTttETial rdsrt.. the accounritig rttordgwere keptitt a¢¢ordaTJ¢e with section 130 of the Act., or the 0)ts d¥1 not accord with tht accoulltitigrecords; or theat£tsuDts did t1 comply with the applicable reqUirets cDncBrning the forni and ¢Dni¢nt of awAyunt$s¢t out ill thech]ueS (Accounts and Reports) Re8ul&tiOns 2008 othttrthkth any [eqUiTneI that theaccounts give a Mtue aJJd tait. view whi¢k is llol a matter considered aspart of an 1nd4)endentex&rninI0ll. T haveno c4>ncerns andh&vecoe acros5 no othermatt¢rs in ¢onne¢tion wiihth¢ ¢xanutt41ion ro whi¢hatt¢niion b¢ drawn in this r¢portiD ordcr to wblc aproperundersrattdmg of the ac¢outttstobe tr2tlLd. Signature.. Date= 18 January 2025 Nam¢.' Shoakat Zamatj R¢levaJt professionaL qualAficatioll(s) or body (if Rrly).. IFA(InstitsÈe Of Finanei&l Ae¢ouDtants)
Worksop Islamic Society Trust ststement of Financial Activities Year ended 31 March 2024 2024 2023 Unre5tritted funds Total Total funds funds Income and endawments Donations and legacies Totsl Income Expenditur xperiditure on charitable attivitles 516 ThAI expenditure Net Income and net miNement in funds Reconclliatlon of funds Total funds brought forward Total fund5 carried forward 450 897 450 897 428 414 The stat¢t of financial activities ineludes all gasns alld loss¢s recognised itt the year. AlliDcome8ndexpendTtUTederive from contilluingactivities. To
Worksop Islamic Society Trust Statement of Financial Position Year ended 31 March 2024 2024 2023 Flxed assets Tangible fixed a55et5 Current ayJets sh at bank and in hand 363,804 363.804 122.471 87,093 Credltors: amounts frdlllng duo wlthln one year io Net Current assets 122 471 Totsl assets less current liabilitle5 Funds of the charity Unrestricted funds Totsl charity lunds 450 897 li Thrsc fjnaucial statCcts w¢r¢ appTh>vcd by the board of ttustrcs and authorRsed for is8u¢ orL 18 JanuBry 2025. and are signed on behalf of the bD&rd by. Trust iilil l)l N Srt&
Worksop Islamic Society Trust ' Motss to the Flnanclal Statements Year ended 31 March 2024 General Inftmiatlon The charity ts Te8iStered chaTity Ell8land and Walcs 8ttd is unincorpotated. The adthcss ofthe principal 0e1&34watS0ll Road, WoTksop, S80 2BE. UmitedKirtgdom. Statsrnentof compllan¢e f¢11 3t8teTrJents have been prepgsed iE] compliBce with FRS 102, The Financial Repl18 Standard appli¢&ble ill tbe UK the Republic of Frel4nd'. the Staknettt of Recommended Practice tpplicable to charities preparing their accounts #ccoydance with tbe Fin2nciÈi Repoftitig Standard applicable in th¢ Utc Republic of Ireland ffRS 102) {ChaTities SORP (FRS 11)2)) ¥nd the Chtt¢S Act 2011. Accountln8 polldes Bash of praparatlon The financial st&tements have been ptepared Under th¢ hi5tori¢al conventiim. P9finq.V.rn Th¢r¢ ar¢ no material Ull¢Ertaittti&% About Lhe eharity's abiiityto GOIitinu Fund ac¢ountlng Uryr¢5tticted fund5 are &v&ilable for use at the discretion of the ttu$tcrs to further 8tky of the clwity's puryJos¢8. De8ign&ted fiwids arc w£striCted fid5 earn)ted by the t1¢¢5 for particular project or coMlt[¢nt. Restricted fund5 ar¢ 3ubi¢rted to restrictions on their exp¢llditu d¢(1 by th¢ donor o through the tettns of an appcal, and fall inlo one of two sub-classes.- restricted incorne fund& or cnduiv]ll¥ni £utxds. All inctsTning resources are included in tho staten]ent of fin&nLT81 aetivities when eThtitlement has pa&s¢d to th¢ tharity. it is probable tlLat the economic bepefits associBd with the transaction viiu flow tts the Charity and the ajnouni be r¢liably D]ea5ured. The followin8 gpecifit polities are applied to parti¢ular cale8ories of incotlle: income from donations or grants is re¢ogniscd when theTe is evidence of entltlemetst to the gtli receipt is probable and irs amount can b¢ measurfyj reliably. legacy income is reglS¢ when Teceipt 18 probable 8JMI tntitlernent is e*EabLishcd.
Worksop Islamic Society Trust Notes to the Financial Statements Icontinuedl Year ended 31 Maich 2024 income from donated goods is measured at the fair value of the goods unless this 15 impra¢ti¢ai to measure reliably. in which case the value is derived from the cost to the donor or the estimated resaLe vallle. Dottated facilities and services are recogllised in the acc4)unts when receive41 if the value can be relithly measured. No artEouttts e included for the ¢th)trJlJtl0ll of 8et)er&l voluntetts. income from contracts for the supply of serviees is recognised with the delivery of the rontsacted service. This is classifi¢d as urnr¢stri¢ted funds unless there is a ¢ontr8Ctual requirement foT it to b¢ sp¢nt on i pOrt1&T pvrpos¢ r¢twn¢4 if unsp¢nt. iTr which ce it aY be regKd 95 res¢rictcd. Resou9 expended ExpenditUTe 15 recokmised 0 an accruals b&sis as a liability is incud. Expenditure includes any VAT which be fully Jerovored. and is cla35ifi¢d uder he¥$ of the statement of finsn¢ial &ctiviti¢stowhiGh itrel8te5'. experjditure l51Thg tunds ittcludcs the costs tsf all fL]ndAising a¢tivAtiets. eyenls. non-cIrItable tsadll activities, aud tILe sale of donated goods. eXp¢ndlrC on rharitablr activitiC8 inrluth5 all Costs in¢urrttt by a charity ift UTNknaking Bctivilies that further its charitable aiTns for the bvnefit of it5 bBneficiaries. illcludirtg those 5UPPOrt costs and G()8ts latI to thc govEtn4llGG of the oh4rity aPPVrtJvncd to chariiable activities. other expenditure iti¢lude$ all expenditure th8t ts rjeither relÉted to Taisixg for the hanty norpartof its eKprTrdi¢ure on Cha¢]r &¢livitie$. All eosts are alloeAttd to expttnditure e&tegorie8 reflect8 the use of the resource_ Direct c.)Èts atlributsble to a single ZCliviÈy are allocated directly Its (hat activily. Shated cos(s ate * b¢ttvc¢n th¢ urtiviti¢s they rontsibut¢ to on a r¢asvn•bl¢, ju8tifiablt attd consistentkn,l..P ortioned Tangible aY4•ts Tangbl¢ as5¢ts ar¢ initially Orded at C08L and 5ub5equ¢ntly 6tat¢d ut wst less aTiy accumula11 depreciation and irnpairnient los8eB. hnpalrnwnt ¢)f fid assets A review for iThlicators of impairn)eni is carried out at each reponiLg dare. with th¢ r¢cov¢rable alnount b£in8 egtimAted where 5u¢h indicators ¢xi&L Wh¢re the c4tryin8 vakne exceeds the recoverable amowLL the as8et is impaired a¢¢ordingly. Pxior iti)paxmiellts are also reviewed for possiblr r¢v¢tsaI 8t eo¢h r¢pornn¥ date. Financial Instruments A fin*)ciaL asset or a fittan¢ial liability is recognised only when lh¢ chariry beconies aparty tc• the contractual provfftstons ofihe instsumeni. Basic financia] instruTnellts are iTritiLlly reco¥nised at the amount receivable OT payable incilart any TE1cd traJisartion •St
Worksop Islamic Society Trust Note5 to the Financial Statements Icontinuedl Year ended 31 March 2024 Current at¢S aTLd current iiabiliti¢S 8T¢ subsequently m¢usuted at the cash or otber considcratiQn cxptcted to be paid or recexved artd 0t dis¢oun¢ed. Donations and legacles Unrestricted Totsl Funds Funds 2024 Llnrestricted Total Funds Fund5 2023 Donations Donations 48,321 48,321 26,223 26.223 ExpEnd1tt4re on charltable artivitie5 byfund type Unrestricted Total Fund5 Unrestricted Total Funds Funds 2024 Funds 2023 Support costs 12,942 12,942 3,740 3,740 Expendlture on ¢harltable activkties by activitytype Support costs Total funds Total ndS 2024 2023 Govemance costs staff costs The tota( staff CL)Sts 8nd employee benefits for tb¢ reporting ptOd are anx]ysed as follow*'. 2024 2023 The averdge head count of e5npAoyees duTing the year was Nil (2023: Nil). No ernployee received tfftployts benel]ts of more rhan £60,000 during th¢ year (2023: Nil).
Worksop Islamic Society Trust Notes to the Flnanclal Statements Icuntinuedl Year ended 31 March 2024 Trustee remuneration and expertses Th¢ TNstccs did not rcccive atty remwieration Ènd did not tlwse atty #xpenses during the year 2024.£NilB023 - £NiL). Tanglble fixed assets Freehold property Cost At l April 2023 Additions 3S3,804 At 31 March 2024 3&3 804 Depreciatio At l April 2023 and 31 March 2024 Carrying amount At 31 March 2024 At 31 March 2023 io. Credltors: amounts falling due within one year 2024 2023 Trade creditors Other creditor5 ii. Analysls ol charltable funds Unrestricted funds At l April 2023 At Expenditure 31 Marc.'12024 Income General fuftds 450,897 48.321 12.942 486,276 io