STOCKPORT MUSLIM FOUNDATION LIMITED COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT & FINANCIAL STATEMENT FOR THE YEAR ENDED 30TH NOVEMBER 2023 COMPANY REGISTRATION NO: 08777439 CHARITY REGISTRATION NO: 1163915
STOCKPORT MUSLIM FOUNDATION LIMITED CONfENTS Page Trustees/Directors Trustees Report Statement of Trustees, responsiblities Independcnt Review Statement of fmancial activities Balancc Sheet Notes to the accounts 9-12
Page I STOCKPORT MUSIJM FOUNDATION LIMITED TRUSTEES AND PROFESSIONAL ADVISORS TRUSTEES: Y,4S,4R.4NThI-.4R L4LSI L4L 101 LIILIL4D LUIII RAZA T.U IIR J.IIL4L.B.¥5I HABIB AlIED IOFLINthIED KE LILIL N,4DfS.11 I LIQLE IQB.4L IIF.XDJ HLSS_.IJN DIRECI'ORS: ,11()H.LILILID k4/.1.II IL4L4 I".41R J.LIL4L ABBASI BUSINESS ADDRESS: IS I. FLOOIL IL IERCLRY HOLSE ?46 FINNEY LE C14LIDI.E.r Sk8 3QD BANKERS: N..iThIFsr B.IXK PI£ 438 B.W.011- IIOOR ROAD )LIN,CHbts-fLR [?] oNir ACCOLwfANrs: L.U IEER.IXD COlfP.LNY 63 klXC,SII'.IY BLILX,,.IGF. LLN'CHLS-IER
Page 2 srocKPORT MUSLIM FOUNDATION TRUSTEES. REPORT (DEC 2022- NOV 2023) THE TRU5tEES PRESENTTHEIR ANNUAL REPORT AND AUDITED FINANCIAL5TATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2022 AND CONFIRM THEY COMPLYWtTH THE CHARITIES ACT 2011, THE TRUST DEED AND THE CHARITIES SORP REQUIREMENTS. STRUCTURE. GOVERNANCE AND MANAGEMErir GOVERNING DOCUMEMr STOCKPORT MUSLIM FOUNDATION IS A LIMITED COMPANY CONsrmJTED AS A CHARITY AND REGISTERED WITH THE CHARITY COMMISSION ON 9TH OCtOBER 2015 UNDER CHARITY NUMBER 1163915. IT IS GOVERNED BY A COMPANY sfRucfuRE WITH MEMORANDUM AND ARTICLES INCORPORATED IN 2013 COMPANY NUMBER 08777439. ORGANIZATIONAL STRucfuRE THE DIRECTORSARETHE CHARITYTRUSTEESANDARE RESPONSIBLE FOR THE GENERALCONTROLAND MANAGEME OF THE CHARITY. THE TRUSTEES GIVE THEIR TIME FREELY AND UNLESS APPROVED BY THE BOARD RECEIVE NO REMUNERATION. THE TRUSTEES MEET TOGETHER AND ARE RESPONSIBLE FOR DECISIONS TAKEN IN RELATION TO A1VITIEs PROVIDED BYTHE CHARITY. RECRUITMENT AND APPOINTMENT OF TRusfEES THE EXISTING TRUSTEES ARE RESPONSIBLE FOR THE RECRurrMENT AND APPOINTMENT OF NEW TRUSTEES RISK MANAGEMENT THE TRUSTEES ASSESS THE RISKS THE CHARITY FACES ON AN ONGOING BASIS AND MANAGE THEM THROUGHOUTTHEYEAR. THE CHARITY IS NEW ANDTHE TRUSTEES WILL PUT IN PLACE POLICIESAND PROCEDURES AS NEEDED TO ENSURE THAT RISKSARE REDUCED. OBJEcfivES AND A1vmE5 OBJECTIVES THE ADVANCEMENT OF ISLAM IN ACCORDANCE WITH SUNNI TRADITION AND ACCORDING TO THE HANAFI BARELVI SCHOOL OF ISLAMIC JURISPRUDENCE INCLUDING (BUT NOT LIMITED) TO FACILITATING AND ORGANISING EACH THE FOLLOWING- IA) THE INDIVIDUAL AND COMMUNAL DAILY PRAYERS (MORE COMMONLY KNOWN AS SALAAT IBI THE COMMUNAL PRAYER MADE ON FRIDAYS {MORE COMMONLY KNOWN AS ICI THE REGULAR COMMUNAL GATHERINGS FOR THE REMEMBRANCE OF GOD AND FOR THE RECITATION OF EXTRACtS OF THE QURAN IMORE COMMONLY KNOWN AS ZIKR . IDI THE COLLECTIVE OFFERING OF PEACE AND BLESSING5 UPON THE PROPHEf MUHAMMAD (PEACE AND BLESSINGS BE UPON HIM) 80TH IMMEDIATELY FOLLOWING THE COMMUNAL DAILY PRAYERS AND THE COMMUNAL FRIDAY PRAYER AND OTHERWISE (MORE COMMONLY KNOWN AS PRAYING DUROOD SHAREE
Page 3 (EITHE REMEMBRANCEANDCELEBRATION OFTHE BIRTHOFTHE PROPHETMUHAMMAD IPEACEAND BLESSINGS BE UPON HIM) (MORE COMMONLY KNOWN AS EID MILAD UN NABI . IF) THE COMMUNAL FUNEFi4L PRAYER (MORE COMMONLY KNOWN AS JANAZAA REMEMBRANCE FOR THE DECEASED (MORE COMMONLY KNOWN AS KHATAMS . AND PRAYERS OF IGI THE MONTHLY PRAYERS AS AN OF REMEMBRANCE AND BLESSINGS FOR SAYYIDUNA SHEIKH ABDULWDIRJILANI IMAYGOD BE PLEASEDWITH HIM) IN EACH ISLAMICCALENDAR MONTH (MORE COMMONLY KNOWN AS GHIYARWEEN SHAREEF (HI THE REMEMBRANCE AND CELEBRATION OF ALL THE SAINTS ACCEPTED BY MUSLIMS FOLLOWING THE HANAFI BARELVI SCHOOL OF ISLAMIC JURISPRUDENCE (MAY GOD BE PLEASED WITH THEMI (BEING COLLECTIVELY MORE COMMONLY KNOWN ASAUUAALLAH . 111 THE PRAISING AND OFFERING OF BLESSINGS UPON THE PROPHET MUHAMMAD (PEACE AND BLESSINGS BE UPON HIM) THROUGH THE RECITATION OF poFfRY AND BY ANY OTHER MEANS,. IJI SUCH OTHER PRAYER MEEtINGS. LEUREs AND EDUCATIONAL ANDIOR RELIGIOUS EVENTS AS THE MEMBERS MAY DECIDE FROM TIME TO TIME. TO Acr AS A RESOURCE FOR YOUNG PEOPLE UP TO THE AGE OF 18 UVING IN STOCKPORT BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PROGRAMMES OF PHYSICAL EDUCATIONAL AND OTHER AcnwriES AS A MEANS OF: ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIESTO ENABLE THEM TO PARTICIPATE IN SOCIEff AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS- ADVANCING EDUCATION: RELIEVING UNEMPLOYMENT; PROVIDING RECREATIONAL AND LEISURE TIME A[VITy IN THE INTERESTS OF SOCIAL WELFARE FOR PEOPLE LIVING INTHEAREAOFBENEFITWHO HAVE NEED BY REASON OFTHEIR YOUTH. AGE, INFIRMITY OR DISABILrrY. POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH AVIEWTO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS. THE RELIEF OF THOSE IN NEED BY REASON OF THEIR AGE, ILL HEALTH, DISABILITY OR FINANCIAL HARDSHIP. USE OF VOLUNTEERS THE TRUSTEES HAVE REGULAR vOLurEER5 AS THE TRUSTEES THEMSELVES ENCOURAGE LOCAL CENTRES TO USE AND DEVELOP VOLUNTEERS.
Page 4 AcfiviTIES AND ACHIEVEMEKrs HOW OUR AcfiviTIES DEUVER PUBUC BENEFIT: THE FUNDING WILL COVER THE cosrs OF EMPLOYING A PART-TIME EDUCATIONAL STAFF, WHO WILL BE RESPONSIBLE FOR IDENTIFYING AND BRINGING ON BOARD BENEFICIARIES, AND ALSO FOR THE DELIVERY OF RELIGIOUS AND NON-RELIGIOUS EDUCATION AND TRAINING. ITWILL ALSO COVER SMALLER COSTS RELATED TO TRAVEL. STATIONERY AND OTHER SUNDRY EXPENSES. DURING THIS PERIOD. THE FOLLOWING OiITCOMES WERE ACHIEVED; THE CHARITY INSTIGATED ITS EDUCAnONAL PROGRAMME INCLUDING: DAILY RELIGIOUS EDUCATIONAL CLASSES FOR CHILDREN 8ETWEEN THE AGES OF 4 TO 16: DAILY PRAYER MEETINGS FOR THE WHOLE COMMUNrrY: WEEKLY RELIGIOUS EDUCATIONAL CLASSES AND PRAYER MEETINGS SPECIFICALLY FOR WOMEN,. WEEKLY LEcfuRE PROGRAMME ON AVARIEfYoF RELIGIOUSTOPICS FOR THE WHOLE COMMUNITY: WEEKLY RELIGIOUS EDUCATIONAL CLASSES AND PRAYER MEETINGS FOR THE WHOLE COMMUNITY; THE CHARITY CONTINUED ITS PROGRAMME OF REUGIOUS EVENTS DURING THE ISLAMIC YEAR INCLUDING: ANNUAL MEELAD-UN-NABI EVETrif HELDAT KINGSWAY HIGH SCHOOL FOR APPROXIMATELY 600 AThENDEES: DAILY PRAYER MEING5 DURING THE HOLY MONTH OF RAMADHAN: PRAYER MEETINGS AND LECTURES ON DATED OF RESPEcfED RELIGIOUS EVENTS IEID-UL- FITR. EItYUL-ADHA, MUHARRAM, HAIJ. SHAB-E-BARAT. SHAB-E-MIRAI. ETC.). FINANCIAL REVIEW RESERVES POUCY THE TRUSTEES HAVE REVIEWED THE RESERVES OF THE CHARITY. THEIR POLICY IS TO HOLD ENOUGH FUNDS TO MEETTHREE MONTHS OPERATING cosrs OF THE CENTRE.
Page 5 STATEMENT OF TRUSTEE5' RESPONSIBIUTIES THE CHARITY TRUSTEES ARE RESPONSIBLE FOR PREPARING AN ANNUAL REPORT AND FINANCIAL STATEMENTS IN ACCORDANCE WITH APPLICABLE LAW AND UNITED KINGDOM ACCOUNTING STANDARDS IUNITED KINGDOM GENERALLY ACCEPTED ACCOUNTING PRACTICE). THE L4W APPLICABLE TO CHARITIES IN ENGLAND AND WALES REQUIRES THE CHARrrY TRUSTEES TO PREPARE FINANCIALSTATEMENTS FOR EACH YEAR WHICH GIVE A TRUE AND FAIRVIEW OFTHE sfATE OF AFFAIRS OF THE CHARITY AND OF THE INCOMING RESOURCES AND APPLICATION OF RESOURCES OF THE CHARITY FOR THAT PERIOD. IN PREPARING THE FINANCIAL STATEMENTS. THE TRUSTEES ARE REQUIREDTO: SELECT SUITABLE ACCOUNTING POLICIES AND THEN APPLY THEM CONSISTENTLY- OBSERVE THE METHOD5 AND PRINCIPLES IN THE CHARITIESSORP- MAKE JUDGEMENTS AND ESTJMATES THAT ARE REASONABLE AND PRUDENT: STATE WHETHER APPLICABLE ACCOUNTING STANDARDS HAVE BEEN FOLLOWED, SUBJECT TO ANY MATERIAL DEPARTURES DISCLOSED AND EXPLAINED IN THE FINANCIAL STATEMENTS. PREPARE THE FINANCIAL STATEMENTS ON THE GOING CONCERN BASIS UNLESS tT IS INAPPROPRIATE TO PRESUME THAT THE CHARITYWILLCONTINUE IN BUSINESS. THETRUSTEESARE RESPONSIBLE FOR KEEPING PROPERACCOUNTING RECORDSTHAT DISCLOSE WITH REASONABLE ACCURACY AT ANY TIME THE FINANCIAL POSITION OF THE CHARnY AND TO ENABLE THEM TO ENSURE THAT THE FINANCIAL STATEMENTS COMPLY WITH THE CHARITIES ACT 2011. AND THE PROVISIONS OF THE TRUST DEED. THEY ARE ALSO RESPONSIBLE FOR SAFEGUARDING THE ASSETSOF THE CHARITY AND HENCE TAKING REASONABLE STEPS FOR THE PREVENTION AND DETECTION OF FRAUD AND OTHER IRREGULARITIES. THETRUSTEES FOR THE PURPOSESOFCHARITYLAWWHO SERVED DURINGTHEYEARAND UPTO THE DATE OFTHIS REPORT ARE SETOUT ON PAGE I. APPROVED BYTHETRUSTEESAND SIGNED ON ITS BEHALF BY= YASAR ANWAR KAUSHAL (DIREcfoR) DATE:
INDEPENDEKf EX .MINER?S REPORT Page 6 TO THE TRUSTEES OF STOCKPORT MUSLIM FO 'I%DATION LIMITED I report on th¢ ac£ounts of the Stockport m811m Foundation Limited. regis*red cljarity number 1163915 for the awounts year cnd¢d 30 November 2023 whi¢h are set out on pages 7 10 12. RESPEcfIvF. RESPONSIBILITIES OF TRUSTEES AliD EXAMINER "lThe charitys trust¢¢s are responsible for the praratIOn for th¢ accounts in w)rdae with the requirement of the Charities Act 2011 fthe Art). The chariws tnL%tee5 ¢oLsider that an audit is not required for this year {under section 43(2) ofthe Charities Act 1993 (the 1993 Art) attd that an indeid¢llt wm]lon is needed. It is my responsibility to-. cxamine the accounts (under se¢iton 145 of the 2011 Ad) - to follow the procedures laid down in the G¢n¢rnl Dire¢tion5 giveo by th¢ Charity Commission (under se¢tion 145(5Xb) of the Act). and in accordance FRS 102 SORP - to state wh¢ther particular matters have ¢ome to my attention. BASIS OF INDEPF.NDENT EXAMINER'S RF. My examination was carried out in accordance wtth the G¢n¢ral Directions given by th¢ Charity Commission. An cxaminaiion includcs the accounting rccord5 kept by thc charity and a comp8rison of the accounts prescnt¢d with those records. It also includes consideration of any unusual item5 or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The proc¢dur¢s undenak¢n do not provide all the ¢viden¢e that would be required in an audiL and consequcntly I do not ¢xpre&8 an audit opinion on the view giv¢n by the a¢u[. RT: If4DEPENDF.P4T EXAMINER'S STATEMENT: In Connection with our examination, no matter h&8 come w my attentiOII' (l) which gives me r¢asonable cause to bcli¢v¢ in any Inerial rq>ect the requirements . to keep accounting record5 in accorth¢¢ with scthion 41 of the ACL and . to pr¢pare accounts which accord with the accounting records and to comply with the accounting requiremet)ts of the Act have not been rneL or (2) to Whic in my opinioo attention should be drawn in orderto enable a proper undcrsthnding of the accounts to be reached. Mr. Farroukh (FCCA) Zaheer and Company Charter¢d Certificd Accountants 63 Kingsway Burnage Manchcst¢r M1921,L Date..
STATEMEKf OF FINLNCtALAcrtvmE
Not
Totyl
Totsl
INCOMf AND ENDOWMLpirs
Ix)N.i'rt()x.%.IN[) IJ.x-..I(-11.
94.998
76.418
()I'111,:R INCQ,111,-
1>163
T(YfAL INCOME
LESS.. EXPF.NDITURE
Dl'II'.RI! ()N iL.IT%T%C: I.LNI)N
9.988
I.XPl.Th'L)fiuR].: ()N (J I.IRfi'.4BIJ.:..IfmTnJ.s
iiii
89.986
89.986
81630
TOTALEXPLPNDITURE
NEI. INCOME / EXPENDITLI. IE
14WI
14,7491
T
SI'OCKpoirr MLSUM FOL.YDA'tJON LtMfniD Pw8 FOR TIIE YEAR ENDED 3mi NOVEMBER 71123 FIXED ASSP.-rs "IanpbJc."liscts f.ih qtbajjk Atd in hgnd 26.7(• 51.754 LIABILITIES.. (-RI.'DI'I()LS...LII()LTh-IS I.-.UJJNI" DUL WI-I'JIIN ox'l.: 570 OthLr (-reditt>rs 3.375 4575 959 CURRF.Trll' SETs 251 J).179 T(YfALAssrfs LESS CURRENf LJABJIITJES 4657 33p39 'roTALNET 2&6)7 39 Ile Fun& Ofthe awity. LIltriCrL tu$ RcsrrictL.d tund 28.6)7 3354) 65". For the year Xlrh Noyemlxr the COll¥Y entided to ewnpuon frixn audit 5ecrxorx 4TT ofthe Comw .4ct ?L6 r¢bting to srnall com Dire0[5, resp)nsibi]ity. The [nemI)L' AOI tequited the cornEyAnY to obtaift an audir of its accounts for the year In quc5ti0n IA accor&nce with section 476. The direcrors th0edge rheir TrspDnsibiJities for complvlljg d of the.4ct Tth respccr to ac£ounyttg tecor( 2nd the preparntion of ccouAts The aceounts h31'È been preFared in accordance ryth the s0i pr05rysi reL8tsng to stD#ll Compl thin Pan 15 of the comp5 .Ict th? . the Vit)and Standd for Eotitits leEective.IpDI Accckn PIL% 102 )1. .Ipprovcd C>A be10[the B(Y approTrr these accounts gAd that we hve T& iThilab]c all the txpknations for their preparation. Tru5te¢s'. Date- k. 1"85¥r.kn* knushal
Page 9 STOCKPORT MUSIJM FOUNDATION LtMrrED NOTES TO THE AccouNrs FOR THE YEAR ENDED 3ufH NOVEMBER l. AccouwfING POLICIES The accounts h2i'L been pryared on the histotic21 cost basis of 2ccounriti8 and in cordance with app]icable 2ccouniJng standards and comply tbe St2temtht of Recommended Practice ilccounung b). c.harities (FKS 10? SORP). Income cxpenses are ccound for on a ceIpt b2SiS. Tangible fLKed assets att stated in the baknce sheet #t cost less depreciation. In this C1rautancc$. there is no depcialL0 for ]and bldg. FixNres, Pitungs and Equtpll*nt 2. STAFF cosrs 23 2022 Staff The number of empli)!"ee during the NutnlKr ¥¥dwinistrauon 'oluoteers io io 2.1: TRUSTEES REMUNERATION All trustees proivide thejr sernices to the ehariry fffe of dharge Wit1t any rnnuneration.
Pylo STOCKPORT MUSLIM FOUNDATION tJMrrED NOTES TO THE ACCOUTrnS FOR THE YEAR ENDED wfH NOVEMBER 2)23 3. TANGIBLE FIXED ASSETS TOTAL AND EQUIPMENT COST Ai Isi Ikcember 2022 9.92) 9.925 Addiiions At 30th November 2023 9.925 DEPRECIATION At 1st December 2022 565 6.565 Charg¢ for the year Ai 30th November 2023 7.069 7.069 NET BOOK VALUE At 30th November 2023 1856 At I st December 2022 3J(rfJ 3,360 4. CASH AT BANK AND IN HAND Bank A¢count Reserve Bank Account 18,592 8.168 26,680 &074 26,760 34,754 S. CREDITORS: AMouNfs FALLtNG DUE WITHIN ONE YLAR Other creditors Accruals 389 i70 3375 9)9 4.?75
P4e 11 grocKPORT MUSLIM FOUNDATION LtMrrED NOTES TO THE AccouKrs FOR THE YEAR ENDED 30TH NOVEMBER 2023 ANALYS 2022 Total FuttdB Fund# DONATIONS AND IGACIEs 94.998 94.998 70.418 Cyoyernment Cyratst (Ither 13.463 9i.lJ)I 9).091 89.881 EXPENDrruRE ON RAtstNG FUNDS Cosr ltycutred seeknLg dojjations 8.670 1318 8.670 lJ18 9,988 EXPENDFfuRE ON CHARrrABLE AcllviTIBS 'agc% arLd.Saknies Pet Cle#ning .Iccc()untancF 31.411 1217 160 I,(XJ8 450 139 29.173 53 792 4iO 139 Teltpholle Rent Rates R¢paJrs 2nd ReneWlS Prtill. Postage & strAtiihietF ?7.035 27.035 3J25 3.180 120 5LN) 19.646 394 593 2,667 18,81) 18.815 102 504 3,960 3)8 Dep£eaatio light and Fleat rental 3i8 1,198 874 IxJswxKe 879 89.986 NEf tNCOMEILOSS 4,883 14.8831 TOTAL TrUND5 BROUGHT FORWARD 33p40 38.289 TOTAL FUNDS CARRIBD FORWARD
Page 12 STOCKPORT MUSiIM FOUNDATION LIMrrED NOTES TO THE AcCOUTrs FOR THE YEAR ENDED 3(YfH NOVEMBER 2023 7. ACCUMUIATED FUNDS Unre8triaed ReBtriCted EndoTrvment Fund$ Funds Fund8 TOTAL Bthce at 30 Noyembex 2022 Net Income/Ix)ss 33.i40 (4.883) 33.540 (4,883) Balance at 30 Noyeth 22 8. INDEPENDEKf EXANItNER FEES Accountanry Fee5 570 570