REGISTERED CHARITY NUMBER: 1163264 Re ort of the Trust¢gs and Unaudited Financial Statements for the Year Ended 30 June 2024 WAVERLEY & RUSHMOOR MUSLIM A ION ACN Accountants Chartered Certified Aecountsnls 4,, Orsett Road Grays Essex RM17 SDS
lARLEy & qTJStlMOOR fwJUSL TM ASQOCIATION ConteD.:s of the FinaThc&al Statements for Etr.e Year Ended 30 June 2024 Page Report of the Trustees Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Detailed Ststement of Finaneial Activitses 10
WAVPRLEV & RLSHYCO4 MUSLIM ASS(KlATEOli ReDof- OL the TrLStees the The trustees present their report with the financial ststements of the charity for the year ended 30 June 2024. The trustees have adopted the provisions of Accounting and Reporbng by Charities.. Statement of Recommended Practice appli¢abb to charities pparIng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) leffects've 1 January 20191. OBJECTIVES AND ACTIVITIES Public benefrt The Trustee5 confirm that they abide by the Charity Commissions guidance on public benefit in complyin9 with Section 17 of the Charrties Act 2011 to have due regard to publ benefit in meeting its obj-ectives and tivf(ies. ACHIEVEMENT AND PERFORMANCE Charftable actlvltles During the year the charity conkn'nued to collect donalh)ns from the members of public as well as memberships, fees. There are continuous commitrnents from the users and members to support chariys activib'es. The charity collected total fund of £121,362 from public during the year to purchase of new buihling for the mosque. The charity provides social welfare, worshlp and educational support to the community and promotes social awareness arnong general public. FINANCIAL REVIEW The fin8n¢ial statements are set out on pages 4 to 9 have been prepared implementing Financial Repjrling Standard applicable in the UK and Republic of Ireland {FRS 1021 {effective 1 January 20151 and the Charitles Ae12011. The Statement of Financial Activities show net surplus for the year of a revenue nature of £116,616. The total reserves at the year end after accounb'ng for unrealisad Ilossfjsl lafter revaluing investments of £225,157 The financial poSitn of the Charity is firm and secure with net fund of £225,157. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goveming document, a deed of trust and constiteS an unincorporaled charty. The Charty, objects and regulations are regulated by the constitution adopted on 31 October 2014 and the charity is registered as a Charity on 24 August 2015. The objects of the charity are.. 11 To advance the Islamic faith in accordance wth the Quran and Sunnah for the benefit of the publ in Barking and Dagenham in particular bul not exclusivety through holding prayer meetings, lectures, and prcrfjucingldistributing lrterature on Islam. 21 The advancement of rslKJious and general education for the benefit of the public in Barking and Dagenham, including bul not reslricled in promoling interfaith dialryue and the prevention of alcohol and drugs abuse and misuse. 31 To relieve povety anywhere in the wodd amongst those affe¢tsd by natural disasters by providing grants of money to ¢hantEs wrth that object. To meet these objectNes the charity provides buildinglfacilitieslopens pacos to the community and also provides advocacy12dvi¢e and information. In order to fund these activrties the chanty seeks donations and subscrptions from the public, insblutions and tts members. Page
WAVER" EY & RUSY.1400R MUSI IYJ ASSOLLATION o-t of he Trustrees for t.he Year Ended 30 Une 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure The charity 1$ organised with a commrttee elected by the members to oversee the overall actNits'es. The chanty has appointed trustees. The trustees a the people responsible for controlling Ihe wo, management and administration of the charity on behalf of its beneficiaries. The names of Iruslees are declared when a charity is first registered. The trustees are r8sponsibk for keeping the list up lo date and may do this by updating their details online as it happens, using their Annual Rebjm, or for charities with income below £10,000, by using their Annual Update. One member is nomina19d as a chairperson to monitor the day to day OFeratitin of the tharity. REFERENCE AND ADMINISTRATIVE DEfAILS Rgglstered Charlty number 1163264 PrinGipal address SHAHIBAGH OAST HOUSE LANE FARNHAM GU9 ONW Trustges M A Rahman Chair A Haque MSAI ARKhan H Hussain T Islam A U Biswas Independent Examlner Anwar F Chowdhury FCCA ACN Aountants Chartered Certified knountants 41 Orsett Road Grays Essex RM17 SDS Approved by order of thè board of trustees on 15 April 2025 and signed on rts behalf by: T Islam- Trustée Page 2
er.cent Exaniner s Re ort to the TrusLees o-. WAVL4LEY & RUS.4MOOR MUS- IM ASSOC-ATION Independent examln•rf8 rnport to the trustèes of WAVERLEY & RUSHMOOR MUSLIM ASSOCIATION I report to the charity trustees on my examination of the accounts of WAVERLEY & RUSHMOOR MUSLIM ASSOCIATION1th8 Trust) for the year ended 30 June 2024. Ro$ponsibiliti•s and basi5 of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Art 20111'lhe A¢ri. I report in respect of my examination of the Trust's actounts Carried out under Section 145 of the Act and in carying out my examinai#)n I have followed all applicabie Directs'ons gNen by the Charty COMMs9n under Section 1451Sllb) of the Act. Indopendent exarnlnerf5 Statement I have completed my examinats'on. I confirm that no material matters have come lo my attention in connection with the eXaMinatn gNing me cause to telieve that in any malerkql respect.. arwunting records were not kept in respect of the Trust as required by sec11 130 of the Act,. or the accounts do nol accord with those records: or the accounts do not comply wlh the applicable requirements concerning the form and content of accounts sel Out in the Charities {Accounts and Reports) Regulations 2008 other than any quireMent that the accounts give a true and fair view whieh 1$ not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in conne¢tlon th the examination to which attention should be drawn in Ihis report in order to enable a proper understsnding of the accounts to be reached. Anwar F Chchvdhury FCCA ACN Accountants Chartered Certifd Accountants 41 Orsett Road Grays Essex RM17 SDS 15 April 2025 Paae 3
AVfR- EY & RiiSHl<100R MlJSI.Tfl. AESOCIATION StatemenL O Financial Act ivi ties the Year Ended 30 June 2G24 30.6.24 30.6.23 Un=estELCted Total fund funds Notes INCOME AND ENDoIVMEs FROM Donations and legaaes 121.362 14,488 EXPENDITURE ON Charltable activltles Gtanl to IsL4mic Aid 1,500 Other 3.246 3,824 Total 4,746 3,824 NET INCOME 116,616 10,664 RECONCILIATION OF FUNDS Total funds brought forward 108,541 97,877 TOTAL FUNDS CARRIED FORWARD 225.1 $7 108,541 Tlie notes forrt part o: these fi nar.cial stateiTher.ts Page £:
WAVEEILLY & RL.SHMQQR MUSLIM ASSO-IAI=. ON Balance Stiee ?0 Jup.e 2024 30.6.24 30.6.23 f)nEe5trLC4ed Total fund funds Notes FIXED ASSErs Tangible assets 479 CURRENT ASSETS Cash al bank 224,678 108,541 NET CURRENT ASSETS 224,678 108,541 TOTAL ASSETS LESS CURRENT LIABILITIES 225.157 108,541 NET ASSETS 225,157 108,541 FUNDS Unrestricted funds 225,157 108,541 TOTAL FUND8 225,157 108.541 The financial statements were approved by the Board of Trustees and aulhorised for issue on 15 April 2025 and We sned on ils behalf by: T Isk7m - Trustee he Tho-es form pa*t of theso f_4nanciaL Stavements Page i
¢4AVERLEY & RUSHNOOEI fJJUSLIM ASSOCT ATION Notes to tk.e Flnanc4al statemep.ts for the Year Pnded 30 JTrane 2024 ACCOUNTING POLICIES Basis of proparlng the flnan¢l•l $tsl¢ments The financial Stalements of the charty, which is a publ benefit entity under FRS 102, have been prepared in accordanee wth th8 Charities SORP IFRS 1021 'Accounting and Reporting by Charits'es.. Statement of Recommended Practice 8pplicable lo charities preparing their accounts in accordan¢è with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191,, Financial Reporting Standard 102 The Flnancial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been pPared under the historical st convent. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the fvnds. it is probable that the income will be recewed and the amount can be measured reliably. Expendlturo Liabilities are recognised as expenditure as soon as there is a legal or constructive obligatlon Committing the charity to that expenditure, it is probable that a transfer of eCorMiC benefits wll be required in settlemenl and the amount of the obligation can b8 measured reliably. Expenditure is accounted for on an accmals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be direcuy attributed to particular headings they have been allocated to a¢livlties on a basis nSiStent with the use of resourees. Grants offered subject to conditn8 which have not been met at the year end dale are noted as 2 commitment bul not accrued ag expenditure. Tongible flxed assets Depreciation is provided at the following anrsual rates in Order to WTite off each asset over its estimated useful life. Plant and machinery 200A on cost Taxation The charity is 8xempt from tax on its charitable activities. Fund accounting Unreslricled funds can be used in accordan wth the charrtable objectives al the discretion of the trustees. Restricted funds can only be used for particular restricted purpose5 within the objects of the charty. Restrictions arise when specified by the donor or when fvnds are raised for parb¢ular restrided purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. TRUSTEES. REMUNEFIATION AND BENEFITS There were no trustees, mUr1eratIon or other benefts for the year ended 30 June 2024 nor for the ye8r ended 30 June 2023. Trustees, expen808 There were no trustees, expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023. Paoe 6 continued.
P4AifERL=Y & RilSH.0oR FI.USLiP4 ASSOC-AI ION, No:es to "trke Flnar.eial StaLernents tb.e Year Ended 30 Jun& 2024 continueci COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrest.rir.tea INCOME AND END0¥ENTs FROM Donaty"on$ and legades 14,488 EXPENDrruRE ON Other 3,824 NET INCOME 10,664 RECONCILIATION OF FUNDS Totsl funds brought forward 97,877 TOTAL FUNDS CARRIED FORWARD 108,541 TANGIBLE FIXED ASSETS P" ant. anc.1 machinery COST Additions 599 DEPRECIATION Charge for year 120 NET BOOK VALUE At 30 June 2024 479 AI 30 June 2023 MOVEMENT IN FUNDS Net ovep.ent At 30.6.24 At 1.7.23 Unrestricted funds General ftjnd 108,541 116,616 225,157 TOTAL FUNDS 108.541 116,616 225,157 Paqe 7 cont inued.
FAAVER-., EY & RUSHMOOR MUS:,III ASSOCIATION NOeS to -he Financiai Statements for the Year Ended 30 Jane 2024 oontLP.ued MOVEMENT IN FUNDS- continu8d Net movement in fvnds. included in the above are as follows-. Incorning resources Resoarces expeiaed Move7Dent in f unds Unrestri¢tod funds General fund 121,362 14,7461 118,616 TOTAL FUNDS 121,362 14,746) 116,616 Comparatlves for mov•m•nt in funds Net movement ' n funds At 30.6.21 At 1.7.22 Unrestrlcted fund$ General fund 97.877 10,664 108.541 TOTAL FUNDS 97,877 10,664 108,541 Comparalwe net movement in funds, included in the above are as follows.. nco4m ing resources Resobrees expended 140vement in f unds Unrestrlcted funds General fvnd 14,488 (3,8241 10,664 TOTAL FUNDS 14,488 (3,8241 10,664 A current year 12 months and prior year 12 months combined position is as follows.. riovemen: in f urids At 30.6.24 At 1.7.22 Unrestrlcted lunds Gener81 fund 97,877 127,280 225,157 TOTAL FUNDS 97,877 127,280 225,157 Page 8 continued.
W.4VPRLEY & RlItIJMI OOR MiiSI,IM ASSOCIA. ION V?tes to he FlnaD.ci2 I S ateTh8ryt S for t4e Year Ended 30 June 2024 continuea IIIOVEMENT IN FUNDS - ¢ontinu•d A Current year 12 months and pr)r year 12 months combined net movement in funds. included in the above are as follows.. IncoThing resources ResoJrces exper,ded Movenent in funds Unrestrict•d funds Gèner81 fund 135,850 18,5701 127,280 TOTAL FUNDS 135,850 18,570) 127,280 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 30 June 2024. Page 9
WI7VEREy & RUSP.MOOg Y.USLIWJ ASSOCIATION DetL i Lea Statement of Finarycial ActlVLtie8 -or -ne Year Lnaed 30 June 2024 30.6.24 30.6.23 INCOME AND ENDOWMENTS Donallons and1ggaclo8 Donations 121,362 14,488 Total incoming resources 121,362 14,488 EXPENDITURE Charltablg a¢tivitios Grants lo institutn$ 1,500 Support costs Management Casual staff salaries Sundries Hall hire Plant and machinery 2,490 60 576 120 2,700 1.124 3,24e 3.824 Total resources expended 4,746 3,824 Net In¢omo 116.616 10,664 his PrAge aoes not fo=Tr. part of tb.e statu.ory financ&al stateTr,ents Page 10