Q* ¥os T￿c￿ll0•￿•TftxI (c￿1￿•bIl Incryat•d AIIMUIL REPORT AND FWANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEIIBER 2023 Charft*bl•ln¢typrfthdlkn•nl•thi Murnb•r. 1164931 THE CAMBRIDGE MOSQUE TRUST CONTENTS FOR THE YEAR ENDED31 DECEMBER 2023 Re*rm almri#raNe d61* Truske¥ rwl Ir¢rf¢rthnl 10 11 No*$ lo 8t*nths 12-X+ THE CAMBRIDGE MOsQl￿ IRU REFERKNCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 21123 Tru•te•• Ktr &)hafi Bhatti Ms Zeymep Coskun PrtlknAkgul Cf IA4idGrcw Rltye Dr ￿gUn IATErfem Ix Ch tr rirr*JhyJckn Ilfjnlw Chirlt•bl• I￿01p￿ Nurtier 1164931 R•gi•t•rnd iJThc• 3￿313 11'M Ro&J. Cwrtibyge. CB13DF Cc(fw Ytyjng & P•*w3 Lld Hunw HrAtse 1CIJ ￿akeS Lw West (DY Cantffj(h38 C8238Z Lcffjdc WC1B THE CAMBRIDGE MOSQUE TRIJ TRUSTEES, REPORT (INCLUDING STRAITCICREPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 The Twstees are pleased lo wesenl their annuJ Trustees RewttWw*ththe ststern￿ts ol The Cambridg8 osque Trust I'cmri the ye* 31 2023. The finanaal stalemnts corwsty With tho Chwilie9 2011 and Ac￿￿nting and Reytiry by Ch&thes Slatemenl of RKommer¥Jed Prxtice app￿t¢￿Ie lo th￿ties wepthg wxwnts in •)xthce Finan(ad Rewjrbng S￿d￿d aOKatle in the UK and Repullic of lrnland IFRS104. stru¢tu￿ manaAeib*nl Ind ot*cO¥ The trustees are rgswnsit4e for ¥yowng the annud fln•ki* ensurtng Ihe ofthe charSty are In line th the cl'ectives of Ihe th￿ty. The day-t￿aY IwatThs manwenl ol the Cwbrty Mosqu8 are ddegated to yratlons 8ubcommittee co￿$1S ol th¢ UK-b859J Trustees and the OwalK)ns Dlrèdor (Mr Fezaan A2anl. The latter is rews6L48 for th8 day-l￿daY QFw8llon8 wd has knam of•*nin itaff K4untW8 85 wdl as three Imam$ to 8uFwt h#n. CMT 1$ a Charitat48 fvb*rpJratsd WKI tr118 Decffthr 2015 Ihe numtfjr 11e4931. Under the governing docum￿1 the Ch￿ty can have up lo Z ￿p}inted Tmsl88s and 11 nfyminated Twstees. Nominated truslee8 are aPp￿nI￿j for a term of4 yews. E&h Truslee ￿ serve a mapimum of 3 rAJntinuous twms ¥td 1$ appginled a to￿ 013 YO￿ by a reK4ulkn p￿d at a trustees Trustees who servqd durtr4J yo* wwe.. molhy Winter {Chairmanl Mr Soh¥l Bhatb (f16a￿re￿I Ms Zeynep Coskun IFundras•r) Mr Burhaneth'nAkt• Prof AI2 AkgiA Dr Hènnlng Ma1￿ Gro$89 Ru5fr Mrs Shahid8 Rehm Dr S¢lim Argun Mr Erdern Anc Whon w4nting new INStees. the t4)ad of TrLthes ¢￿der Il* 8llb, and of tho in￿￿￿81 In maklng the apwntswl. Nohwth5t*ding this. the trustees xkno*ledg• their cz418ctive r88p￿Si￿11ty over Ihe straleglc re¢tion, governancè *)d QF4ralons c4 Ihe chaiily. The Ch￿ty k￿deS IntrLvJurtsy m*ial. repxts and baflets a8 part ol fixthwtrainlng as reqimred fw new Tn Objectlvm and •thlll The ChantyS Ot4'ecbve8 as W outin IlsgDverrAng t*))Jnenlw To advan(* the fath lorthe pubKc by ihe m•1rt￿an￿and m¥W￿nI ofa anclLqry enwseg to indudo the wovtsicl) rl &1ucaliond a)d relgious dassos. To kYowJale and expand the tethnp messwJe of • onya59onate in in tdal comF4i*c4 ￿thI ol land. To 80gk Iwild tettw u[thi￿r¥j of Islam rAheT fdths th1￿ iftlwfath 8Th1 muttp)JlbJral aCti￿ti9$. To w0￿de euNura and l&iAlies inyovas culbJal traw *d ￿1￿ kn w(i8ty. In pursuance clthese otyects, the Tntsi h¢)sts a rry 0lseTr1￿ and xb'%ii*s the t¢n8fiicrf the THE CAMBRIDGE MOSQUE TRU TRUSTELS, REPORT aNCLUDING ￿TEGICREpoRT) FOR THE YEAR ENDED JI DECEMBER 21ll3 Achl•veffl•nt •nd pwlorn We always rern￿b¥ and way for those generots so￿5 in the Cam￿• C(￿￿￿nI￿ and th8 Wortd who F4aeèd their¢￿￿￿enC￿ ￿ US •KI donated >) genwously ¢Mr the ￿*$. The Mosque cwned tts Ni X$19 and ￿fice Ihen has wort a h)st of arthrtedur4 ￿￿lades, includlng Archil&Ys Joum* I￿) Besl Community ￿ Fatih ￿tyed 2019, Dev&ywt As&xgalm IBDAI Be81 Bulkjing 2019 and lour Stru¢tura Thmbw Awards 2019. indulfi￿ Prry&X Year. In 2021, C￿t￿dge Kwue won RIBA East Ftopct Architfjcl cl Ye¥, Buildlng of the Year, Client d the Yw aThJ a Re*Mal Awwd th was shorth'sted thè 2021 l￿BA Stirkng F￿. The m¢)5que i% normaty cpan to the pUt￿lC every day from 10am. up to 9￿ Ki lh8 wlnttr mmths, and latsr in the 8umrror month$. The Friday 88rmon and woekty tlks is ddt¥*•J in E￿Il6h C{J￿￿￿Trjty *uwJo8, F4us &itish Sgn L￿gUage ftf deafw￿$hip￿5. PAp•'(NJ5 Wures are Hi ts rTrwn hal dthe KknqL* ewy *Y4kfrynwm, ¢YWkn. Tro Bank. THE CAMBRIDGE MOSQUE TRU TRUSTEES. REPORT(INCLUDING slliATFLICREPORT) FOR THE YEAR ENDED 31 DECEMBER 21)23 Garden Ilwd c￿ 26 Awjust Ihg BBCS pcylw 'Gth￿s Ylcrty featured a Icfflg swent lh8 mosque gardffi, iiteNi8ws wr hea g¥dwHekn Séa and ofthe g¥den sthmt*5. regultyattralas over2.5 rniuion ifiewers. I￿r garden was ag) a spKaa fe*Jre Llustrakd mwne. We vrye Flo￿ to te featur￿1 in The Guardian's FKk (rf best Wfriendly SP￿ in the UK. L¥aW￿4￿&￿s&, Media Inle￿$19)ntinUed, a bng feature on BBC Wortd, and a ¥isit by 8BC Lcok East investigabng green M￿1 •lnini91rnOv6 18&k$ wére w(ed CMJI by th8 UK ba8ed Tnjstees. t*tho aro alg) Ihe key M•￿￿ent Per8￿11 of the (*￿ty. The trustees we not ramu￿rated fN Iheir seNc8S to Ihe L*arity. Thè Trustee$ have reThwed thè k•y •eas cl rigk at Ihis s* olts wrI￿t i. ShorUII In fiJr¥thng- ￿1 is trom donation¥. The TnJstee& t%￿￿.nue to •eCUTe fvrthw donalvJn6 to covw the future cperats.ng co¥18 ol the rnc¢que by holding lurn*a%ng fftnl$ and appears during Ram*Jan. 2. Heath Safety- reg￿¥ trthlng i& hdd for stsff arvj fnl ad, fva safaty woL*ur•6 8nd D6S ¢h8th81o ensure th use of nK)sque by ¥isith. Publlc B•n•fft ThoTruslees confirm thalllNryyha¥erelnlto thechw1tycthThn￿W￿'98nwd guklwcaon Put1￿ Benefit Wh￿ rov16￿ng and shaping the alrn8 and objec*.￿5. The lo •niwe thal its wogram ￿ indu&*, ￿$sIble and r8sponwve to the needs ol the benefv)"*es. Ruery•s Polky 11 is P)￿CY ofthe ch•ity th* the unre8tric￿ fvnds wlmch not w. be maintain8d al levd g]uivJenl b al least 2 rn￿th5 msque running e>¥*Th15tures. The trustees congthr that the re￿r¥e$ mantsingd al Ihig kvel *ill en8urethal in tr*evenlofa ￿gnfficanldrcPjft lundin9they *ill teat4e tot4Mb'nue th&ch￿ty3 CUrr￿laC￿lItie3 whlle eon$Kloration ig g'ven to ways in Wh￿** *Jdil>Jna fvnds may te rased. The charfty$ ujrrenl level ol 18 £341,70312022'. £151,224), th AThikJ allow it to meet the shut.term frK was £1m,952 (2022. W376) aThl Tm from (kffAlw rf £1,672284121Q2.' £956,3251 ind uN8*r￿1RD)M&Cl£l,el8{2)2z'£sll. (aQ2£1,921,018lwKlwff*rty Ath•Thl pwiod lh•tt•*ythts•￿1m1IF<*￿￿£&}.679,127(￿￿.£jl,Qj7,23sj £341.703{2￿ £1513241 •1 (￿. £16331 w d*thl knol orMI £30J34,791 (2022 £￿,863,378)￿j roN￿LI8d1￿rf ftrth•F Er*il Wthi rWMTrwtw lo yw, whlrta aThJ oltho Tnrfi flrw#*l IMKl•l p)kn ailh• •ThJd &gr& on bthallclth•8(wddTMl•w(ffj>) Lkthr2)X. INDEPENDEKfAUDITOR'S IIEPORT TO THE MEMBERS AND TRUSTEFS OF THE CAmBR￿E MOSQUE TRUST Oplilon We have audbl f￿￿¥al ststements cl The CaMts￿ Mwue Tnjst fcy th8 )Yar end&J 31 December 2023 whith ornwse the St*en*nl ol F￿an¢1* Acli%Mies, Ch* Bawce Slwets. the Stabmwl of Cash Flow$ and the rdated notes to the finanaJ stateM￿ts. Induitrng a SUMM￿ of SvJnfv￿I pJKi8S. Thè finaThid reF¥xlng fr￿eW￿k th has hen apF4ied in their preparation i8 *at4e law and Unital lfjn9dtJn At4>￿n1'n9 Standards, induding Finand Rowbng Standwd 102 The Financi&lRewloig in Ihb UK Rewblic ol Irdand Iunltsd Kin•J( Generdly A• Actojnting Prxknl. In our cplnkn, thefinan¢i* give a falr oflhe state dthe chantys affw5 as at 31 Dttembw 2023 and of h ￿r￿0M1rKj 18sourrAs and aF•'catton of resources kn Ihe yew then end&J: ha¥e tthn wcyrty preparéd in aK￿dan0 wtth unit￿ Gmany Ac¢ept&J Acwjnting Pra¢bGe'. and hav8 been wep*ed in Kr)yd¥Ke ￿ Ihe rewyements ol th Charili88 Ad 2011. • for oplnlon We o)nthJct8d our xcordano ￿1h InfWnati￿II Siand¥ds on Authttng IUKI IISAS IUKII 4Fltttlg law. Our re8pon5itsliOos under those fwther ¢Jexri￿d th tho Audi￿$ MpOn￿￿4￿ties for audit of the financ4al Staten￿ntS section of our rem We n indeF￿1 of the in wth the ethica rgquwements that are relevant to auth'l of the financil stsl8n￿nts in the UK. the FRC'S Ethk81 Stand¥d, and w6 have luffilled Ouf other èlhi￿1 r88W)ftst41rfi8s In awdanc• wilh Ihe8e W￿lements. We thai audil evIJ￿Ce We haveobtained15 suffidenl apNO￿al& to ry0￿de a bals for w (*xnKm. Conclu•lon• rnlAtlngto golng c¢)nc In auGYthg the fiTrarKial 8t&•monls, x h8¥e that tr* truths, cl tr* tsYK￿ bth ol the prep*atK)n ol th8 stètsments is 4w0￿819. 888ed C￿ thè havo haw Mt hJ&)bW w*y matatsl ref*ty 10 84Yts or L*)ndfic￿ Ihat, divNlu* or colecb¥ety, may casl SIJnK￿l (bjbt N Ih6 thalws kl oyrtilU8 as 8 concèm fty 8 FwK¥J ofal knl ()Jr respon￿bIrt￿ re$F￿lIti86 oftr*tswtees *ith Iisp*# oxwn deK7tsJ kn the Toknnt s￿n$ of this re Oth•r Infornm￿On The thr Inlomiatiefi comwl*sthe rth18d li h *wwal repxt C1hrth￿ ts Iwc4d our rewrt Ihgreon. The trustees ire rew¥b￿ c41v iikf[nath￿ mntamd thB rewrt. (￿r opinkjn on fThnaal latements dcw Thx cw the cther inkvrnaith ano, ey£rfl to ts ext&rt c4knFe e¥4W statsd in our reprt th) notexwessany1o￿ o13wnnce ￿duS￿￿ tsr￿n. Cknrespmbifitylsto re•J ts ctsr *ifomaiKffl *, fft th)Ni9 $0, wl*ther the olher in1￿mal￿ is mtsèfy m)nsithl Ihe IlnarKa4 s￿te￿t8 or kThJ*ledge OtrAa1n￿ ￿ Ihe cwrse ol Ihe audit or othemse to te mkni* rri￿. 11 we *J8nify 9Jth inoMsi81enoes or •parent matsri m￿statements, v* are requred to detWmI￿ this gr*PS rise to a matgnl mi8Stalerrthl n the f￿￿claI statemwts themseW11, based *r¥* pthrned. I?￿￿LI1e Ihat isa malewl mtsslknn￿I0Itr* otlwinfornatljn. e are rgquirgd to rewtth4 f* We have nthg to rwrt in this r•3ard. Matt•rn ￿ *thl¢h w• ar• r•4ulr•dtO f•POrt ty •Mcl￿10n We have nothing to re￿rt in resped of the fclkw'rhJ m*tws in relation Ch*iti95 {Acts)unts Rem) Re9￿￿on5 2C(18 us trj rewt ff. fti ourry4th1." the Infrfftiation gI￿n in the trustees. rfjtKNt is Mittfflsisknl Mi any rn*ri8t *ith the finan¢wl ¥talements,' or $uffi(aenl acfX)untiry rec￿dS have not tqen kept ¢y the finanrya slalawts ￿ not In yment *ilh the &x0Untr￿ reoyds and rèhun$'. ( we have not recelved al the irrfrmation and exFAan*'ons we ￿]UIre for (￿r *JthL INDEPENDENfAUDITOR'S REPORT TO THE MEMBEILS AND TRUSTEES OF IIIE CAMBRIDGE MOSQUE TRUST RMpon8lblStlts oltruatw fortheflnancw stthne As ewained rnore fully in the Iruslees. resFwgtrA'lities statem￿1 set ¢yJt on p4e 5, the trustees are res￿&￿10 ft>r the preparation ol the fina￿￿ ¥tateffwts and ￿ t*"ng satisfied thatthey gve a true and farwew. forsueh inl8rna contrd as the trustses dote￿Ine 1$ to enatle ￿ &¥eWaIll￿ of finan(?￿ sl*ements that ar& free frorn maknal misstatement. vthelher due to fraud or WTLY. In Ihe financial the trustees ￿ re$r￿s￿le for as8essw the charit1$ *)il'ty to conbnue a$ a gly n￿m. disd08ing, ay aFfAka￿e. to gcrfn9 ojncem and using the gcing ojncarn ba&'s 0f￿U￿tIng un$868 the tNstees elther Inlend lo liquNJate th8 tharfty ￿ to cease or ha¥e reastic alternative trmjl to do so. AydW¥ r8•pon￿b￿lII+l for th• Au(It olth• fimndal •tatw We have been appcinled as wthlor under se¢Jon 144 01 the Charil*s +ld 2011 rwt in lh8 Act and relevanl regulab"on8 rn•Je crf habiTrJ thewrthr. ()Jr otie(*v8s are kn obtan rea￿1*1$ a$sw￿ce at￿1*1￿ ihe as a fr68 from maten'al misslalgmenl, whetherOJelofraudor errcy, Ioi5suean auditorfsfw that indudesour¢wnion. Reasonalle assuran¢e a high lev61 ol a%swance. is not a guwwtee that an audit etffjd￿j in vAth ISA5 IUKI Yill dway3 detect a rnatsrfal mlsslalerr*nl when Il¢>ists. Misststementscan ￿sefroM fr•Jdciworand *e consKlwedrnat8nal rf, Indmdually or in the aggreoale, thoy wjkl reaKffla4y bo to thè d￿s1on1 of u8ef8 taken on tha basls ol these financial slatém¥MI& Irr8gularlties. Ir¥Judiig fraud. ￿ instwlces ￿n¢￿¢(￿nFIrèllC• *ith Im rngul8kn8. We de*n ￿edureS In Ilne r reswn8Its"Ib"e$, ou11r￿d *•)¥8, lo d8ted mathal ry¥sstatemEnt5 In rg8F*d ol irregularities, iidwliThJ fraud. The extent ) Wh￿ our W￿6￿UreS ￿ Gwe of detttl'ng ind¢>*ng fr*Jd ig tekw.. 8ased on our undgrslandlng of thg tharity and th6 •n7lronmènl in ￿1(* it cpwata5, W8 bjenb'fied that Ihtt wncipl rtsk8 01 no1￿Compliance Lq*8 and regUlat￿Tr8 rdat•s lo the r•gulatory requirements of Ch￿ty Law, Hepjlh and S*dty Act and Ern￿oyment law tsjns￿d the extent to whkth r￿-cOm￿lIanC* might hav8 a m*enal effeGI on the financial Ststements. We also Ce￿￿dered thoae laws rog￿alb)n$ that ha￿ a threa imp•X on the wewation of Ihg flnarKi Ststernents such as th• Ch￿treS Act 2011 and Ihe aFplicatron of FRS 102 Pa￿ t We ev4uated rnanagemenl incenOve8 and otpuluniti6s ts fraudutenl maniwlalton of the finani?al statements lindudng the risk ol oveTh#Ye of eDntrol31. del8m)ined that the risks wwe idated wwe rdaled to awkncai'on of contre41 around authorisatiw of ex￿fi￿rture and p8yfi￿ts. Audrt WOC4thJres by the eng4an8nl l•am Includfrd.. Enq￿r￿9$ regarding cryres￿￿ence with i•9￿81(￿and tax auihytss., OlsoJssl)ns wth rnanagwl Ind￿￿1g C(￿￿der￿￿￿ ￿kno￿ or SU$FwAed Ins￿¢•5 0frOn￿￿1￿ce with laws and regulalcn and fr&d,' Evduaing managemenf$ ccffjtrc4s *n8d to prffinl ￿ de￿ in99￿￿$8.. Idents￿'Th9 and lesffingloumas.. nl chaI￿ging assumF4j.￿ andludwts m* by ma)&30￿tIn &tt*unbng 85timates,' 8￿U59 ofthg inhwenl krnita*A￿ of an there is a thal we *ill ncl detrA4ll ryukniw, 1r￿SUd1ng those badlng a matenal misstalerwnl wi the finant?al slatèn*nts or non-Q)mph'anct *ith r4ulation. This rtsk iTrGrgase5 the rn￿e Ihat (x)mplianc• wlh a law or regulati￿ is raThJved kn the events and tranwtionsrefiecbj in the fin￿JaI statements, as ill be1985 likdy lo trfome 0finstarwofnwJm￿a￿c0. The risk is ¥so￿eat￿regardi￿g brregularib.es 0￿Ur￿n9 o)Jfrto fraud rtsth￿ •rror. as fraud InKI￿ fNg¥y. tt1u5i￿. cffis9knn or misrepresentatkn. A furlhgr descripbon of ow r8SPX6it41bes for Ihe of the finanda sL*ments is on the Financial Reputing C{yJ￿11,S web51* at httpsJhhyw.fro(¥g.uW¥￿ltr8leW￿￿￿￿e9. This frKrns ol audrtor's rwL INDEPENDENfAUDIIVR'S REF￿RT TO THE MEMBEILS AND TRUSTEES OF THE CAMBRIDGE MOSQUE TRUST U•e olour r•port This r8Pryt is rn￿e sclofy to thg ￿ty.8 trustees. &8 a tr￿. T*ith Pwt 4 of the C￿tieS {knuTrts and Roprtl Regvlab'ons 20CQ. ¢)Jr audit w￿k has ￿en undertaken so that we rni￿t state io the thth1'5 tru$tses those matters we arg requir&J to S￿¢ to them in an ￿dIleer 2024 Cooper Yowg & Ltd elisit48 to xl as an al￿1￿￿ in ol 1212 ofts eJynw688 Act 2006 THE CAMBRll￿E MOSQUE TRU STATEIIENT OFFINANCIALACTi¥rrEs ONCLUDING INCOIIE AND EXPENDITURE ACCOUMT) FOR THE YEAR ENDED 31 DECEIIBER 2023 Total Fun Y•Ar4nded Fund¥ F￿d¥ Funth YMTroDd IYA Incom•lmm Donal￿n$ &189acies Don&￿$ 1.048.554 623.7&) 1,872.284 956,325 51 Totsl 1,0&5,222 621730 1.673,952 9&8.376 ExP￿dIt￿* R*8ing lunds Charitat4e ath¥iI88 85,489 1.946,571 79.862 1,841,158 TT4,Vo4 1.171317 T¢Xal 859.743 1,171317 2.032,( 1.921,018 N•t rrn¥•M•nt In 1￿,479 154Q587) 1356,1(Al 1964,6421 R•conglIla￿o￿ of Told funds brought ltyw*d 1S3,857 YJ,883,378 31,037,235 32CQ1,877 Totsl e•Thl•d I￿￿•￿ 12 3M. 1.334.791 ,679,127 31.037,235 TheT8suMs the derf%vJ trLffi cfwakns. Tha&w8re rK• g￿1￿ cf oth¥ IW pos￿9 thest8knmnldfn￿c1l •￿1198. The KL)3mpan)ing notes f￿rn partofthe58finanoa 8taeft￿ts. A8AT31 DECEMBER 2•13 m2 67.518 1,LW.684 I.￿3n 071217 4413n )).6N127 31.037 G•m41 Fw 341.703 151,221 1633 30,883,378 1113 )m.127 .IU7X *n•d b•Wty. THE CAMBRIDGE MOSQUE IIIUST CASH FiK)W STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 TctsIfi￿d* Totslfvndi C*h flow¥from opttatlng XtMII•• 557,814 1,743 Cash flo￿ from Imi•gtlng actkdim: Purthase ol wop8rty, FI￿1 ￿￿rA)￿t Inv￿￿nent income 13.1611 11,W) {18,eQOI Pht¢•¥h (us•d In) Intr•thg •cdv 14.8291 118,6511 (D•mMVlnuM••kn ¢Mh ca•h •qulval•rt• th• r•portlng p*lod 551985 116,9)81 Cmh c*•h •qthT•lwrf• atth• be¥nnlng olth• ropwung p•rlod 521,607 Ca8h ar#J ￿$h •Ju1v￿ts atthe enddth¢ rorKYbng Period 1,C67,e84 R•con¢llhUon ol n•t n￿l•mart In fvnthlo ￿*hI1￿1 Irorn op•ratkng advili Nel movement In knds Invgslmenl kncxjne IlncreaSeyD￿fyas6 in DeprK1a￿0n In￿8$￿Ild9￿8￿j In 1358,1Cel 51 147,29n 991,550 21081 914,437 138,1121 Il•t ¢uh provld•d ty ¢)wtho *¢MI 557,814 1,743 An•￿ts ol ¢￿h and cmh •th*f•hts Cash in haTrJ 1.0S7,684 rA•h and c••h eqthalents 1,057.684 TIIE CAMBRIDGE MOSQUE TRU NOTES TO THE FINANCIAL STATEME]¥TS (eoDtIDued) FOR THE YEAR ENDED 31 DECKMBER 2023 ACCOLINTING P(XICIES Prw¥thn Thg fmantsa state[r￿ts hm been act0rd￿￿ Yilh Axtxmting 8ThJ Rep)rbng by Ch￿les.. Statement of RecLvnmefided Pr*iGv aFpfv'c*le lo t*￿￿e$ wewng the¥ ￿Ojnts in J￿dance with Ihg Financid Rewb'ng Standard awic￿e in the UK and Republic ol Ireknd IFRS 1021- {Ch*ities SORP 2015 ISerJ)nd effeclive I January 20191, the Fin￿￿al ReFthng Slandwd 4fvt4e in the UK ar¥J RePUtrA￿ ol Ifel*d IFRS 1021 and the Ch￿tieS Aet 2011. The Cfnlm'dae Mosqu8 Tn￿ meets ¢*ffnilon ol a b￿fft entsty under FRS102. As89ts and liabllioes are #i￿allY rec¢￿¢86d at hlsknea p)st LY trans*(￿ ¥due unle¥ othenvise 5tatwJ li the r818vanl arxounling polky The funditmd and pYe6entation ojffency i8pryJnds St￿ing. The finanrAd 51aternents arg rcwnd•J lo the n&are8tE1. The prInaP￿ accounting ar¢thd in the rm￿441 stknnents are sot ￿Jt belN. Con•olld*lon The cambr￿￿¢ PIKJ>Ju8 TNStb•t4k¢n tho ats¢J&J by ihe Charftlo8 3)11 f￿ not to con8c41datsd frDaftd￿ $i*wnents Icff 31 Decenthr 2023 since the wmly own&J 5ubsidiwy CMT De￿9n an 8￿.1d L*mited remained dtrmanl in 2022 2023 and is suWuenVy th'88c4fft1. La81 >wrtknand4 Stat￿entS wwe consdidaled due to eomparab'¥e 2021 consc4k18t￿ finanod reyjhs. Tho finanoal ltalernents we8¢nl wtsmalon aP*yJt fv Camts* asan 1ndivfv￿4 ￿trIY and not ab)ul Its group. Golng C¢)nc•m The Trustees e0Th￿der ￿ dwrity has •ts4uata re￿￿8 to ccffltinuo in watlonl 9￿Ster￿8 tr the lulure, indu(ling next 12 monlhs from the date of ￿nIng these fin￿(?1 Bial8rnents. The TrJslees dso consmler that the aforemenb'oned resou¢¢s *￿Uld aljowthe charty lo meel its ot4v￿8 and debt aslhey fai due kncfdkngly th• finanda glotemenls have wepw&J on a wng C￿ basis. Incom• JI income Vd rettsnised ono the has enblemenl to Irh>JN il is wobth that kncorne VIN k• re￿ad. the amount ol income re￿¥￿Ie ￿ be measw*J ￿l￿￿￿y. iknatlon• Donabons IncoTh is •￿n￿j wlwe thwe* ￿ti￿n[ is ￿￿￿atIO. Cash dona￿6 reccgtised Othw rÉwwigthJ m the Trust has noOn8d d the dNatffi. uTrl835 ojnthl￿￿f￿Utre ¢Jdtrr* ol Ihe Exp•nrfrturn ExF￿ditu[9 is •)7u4 IMttiTr ts St*ThrfofFln*xia ktrvity and ha5 Ixen c4a8th&J under heaJing5 thalagJreg* relatd to that cateojy. 15 reu)Jni8&J cfflc4 there is a orcorvdtrudve obligation to mae Pay￿￿ts to th'rd Fqle8. rt 15 wc**Ae th4 sdlem8nl *il be *nowrt of Ihe oN￿al￿3n w te m&wJred reh*4y. V•lu• ￿kI¥d Value addwj Lix rnl recove￿￿8 i81nd￿ts￿ li the refevanl costsin the Statwnerrtof Finandal Costs arg 11c￿ted r8str¥Xed th urrtrtsj fijrth to thg Iwms rKxvne. ttem$ Terminkn'on ben8fits ¥e accountsd tr on ￿ xcrva basis in kne *ith FRS 102 12 THE cAmBR￿E MOSQUE TRusr NOTES TO THE FINANCIAL STATEMENTS {eolltloo¢d) FOR THE YEAR ENDED31 DECEMBER 21123 ACCOUPtriNG POUCIES le¢nlinu The charity is an exempt Ch￿ty wilhin the Me￿ing d ￿Ule 3 01 the Ch4itEs 2011 and Is w13ider8d to pass the tssts sel tjjt In P&b3r¥h 1 ￿ts1￿e 6 F¥iance Pd 2010 and il nwt$ ￿ definilloTr of a tharit&dg ccThpany for UK c4Mp(xation tax rm1￿. T￿gIbl• Fth•dAM TangbJ&fixed assets ￿ stabj al cc6L1oss dekYec4ali)n. Dewetsation is ky071￿ed alrates cafwl*d tovfflteoff the cost ol fixed ais&18ss i￿1 esbmalod res#lud ¥￿￿. ow their e>wt•J u5elul as fc4b*Y'. Bi#bJirvJs Exhib'tion Room FIXIU￿$ and Fitbngs Plant 8rbJ Equwtht year straghl I &yew S￿ght I'r 4ye8r straight line Chartty's fixed as8ats 8re carr*d at thwr hisliylcd tx Ihe K¢umuLthI dw8gabon and &￿mu1ated Impalmi￿1 Jo88e8 ¥￿th tJThe assets. PrtyA•lon•.' prO￿sC￿8 are rats)JninwJ whw the ¢*• h* al tho 8h88t a8 8 Tewlt of 8 Pg81 e¥enl, tt18 probthlhal an OLthw ofets)noffNe tenefilg Mll be T8wkgd in 8ettlwland the amounl¢an bg re(lat4y 88tlmalod. P•nilon•: Ernployees of the eharity we to icm) a defjwj F¢nycY¢ 8chTh. The ￿nIn"bUtiOnS by th& th￿ty ￿ L*argèl to the sta11r￿[S and crf oxc*J the ￿1￿MUM perc*nt*J8S aPF4ied to sionatdo gthngrn. FUndA¢￿IntIMI G￿eld￿j￿1$￿ Un￿$trk*I (un(ts be used #the¢*scmkn dtho TrLrn*es in K£ud•)ce *lthth8(iy'￿￿$ oflhe Chanty and *fiich have not been deggnattd t*JrF¥)8e8. Design8ted funds u1￿8$trI￿ed that have sel8gde ty tha Tru*ee8ft¥ pw¥oA¥ purpw$. R8$￿￿8d1￿ndS arefundst*hith aretoteus•J in $F￿￿re8￿cl1￿s￿poi￿J bydcrfKn. Thèwrw806 uses ofthe resirKlgd fiJnd8 ¥e set in the notes io the &oJun Bawc financil inslrurnents aro irilallrf recli￿￿ at M8Ktion value ￿ sutwuendy m8asur•d al amorti5od o)st th th8 èxception ofinve$trnenl8 wNch ¥e hehj at fwr ￿￿8. Flnancral assets held atancffti58d ￿$t0)MpriSOca$h at bank and in hand. tofftrwith tr•Jg and olher delXor8. A8F￿¢ ryo¥i$ic￿ is made ￿debts1orWhlth recoverat411ty is in doubt. Cash al balk and in h￿d * defined a al c*h hdd in Ins￿1 •x4s8 ac£ounts and uwj as working ¢4Pital. Finanda liatilibes hohj at ￿lled co81 c(ry￿Se exLYpt 8oJ31 S￿rity and other tsx85. Traje and otherdeblus ar8 rec£grMsed at the se111￿nen1 ￿nIdu• th anytr* thscwl offwed. PWaYTh￿lts e valued al the amount F¢epahl nel ol any tr&Jtr dlsojunts due. Cr•thr• Creditus *e rWn1￿ whwe the has a pYesenlctAvati￿ Tesuibry a pastevenlthatwlll probablyresult in the transler 0f￿ndS lo a thwd party th8 mnt dve tosetlle Iho be cf e9timthd rdi8t4y. Crwjtrjrs and woM%onsare nc) 1.672,284 1,048,554 623.7XI 1,672,284 LKINAT1014S _ PRIOR YEAR Tilal 2022 c￿nationS 875.035 875.035 81,29) 812￿1 956,325 956,32S INCOME FROM INVESTIIENTS Inl8r8St ￿VatIo 51 51 EXPENDITURE Dh•ct lJh•r &pport Tcrt412023 Rai*ng lund8 CharitaNeacti7lties -mosque running c£sts 219,( 1.694.223 33,282 1,946,571 219.LX6 1.779,712 14 THE CAMBRIDGE MOSQUE TRUST NOTES TO THE FINANCIAL STATEMENTS (conti#•td) SY)R THE YEAR ENDED31 DECEMBER 20LI EXPENDfTURE. PRtOR YEAR Rasing fimd5 Charitstye a(li￿treS -wuerL￿nIng 79,862 1,841,156 165,709 1.595,781 79.6e6 165,709 1,675,643 79,666 1.921,018 SUPPORT COSTS Tdal T(*•l 2022 Offic• owrhgwJ8 19.256 Log4 and fo Audrtorfs I Trwd (£qt r3.572 21,4 11.8¢% 12.ClJ] 33,282 79,666 STAFF COSTS Tot Tc4al 2022 Wages and sa*5 Socal seojdty cc6b Pengtf¢ 158,377 8.708 1,972 219.1x6 165,T09 Thè average num￿Ofem[kn)*e9 for ts year were 2312022.. 10). M ￿0ye85 eryyj the runnSng ofth8 moswe. No emF+Jyees ewnod in oy£esg of£60.CINJ12022 nill. Th8tru8kne8 ¥e dewwj kay for seThlces to thwty. 15 THE CAMBR￿￿￿ MOSQUE TRU NOTES TO THE FINANCIAL STATEMEiYfs (¢ontlDued) FOR THE YEAR ENDED 31 DECEMBER 20LI TANGIBLE FIXED ASSETS Land￿d Ethltsllon Udr*J fixtyrm & As at l Janu￿ JJ23 Ath*bon$ 33,934J 1n.287 34,312,W3 3,161 31 ￿Z3 33.934X 171287 34,316.160 DEPRECIAnON As al 1 Janu¥y 3)rJ ChwJe for Ihe 3,403.113 141737 21.548 171287 3.718,137 914,437 4at 31 Dec*mtff 2023 4296,CLV2 164,285 172.287 4.632,574 NET 800K VALUE AJ at 31 D*rr*er 3Y23 29,6&1XD 283 29,683,5&8 As at 31 Dwitff a)22 1,531,1Y2 63,670 30,594,862 INVESTMENTS AND RESULTS FROM TIiADINQ ACTMnES OF Su￿Ry s￿rI11n lu￿1￿•ryund1rtthn The charitys 1CQ% owned 8utsM1w ccfflpany CMT ￿Sign Bw'hj Ltd INO. 099391371, incvrporatod on 6 j￿u¥Y 2017 wi ?￿d Wales remaned 2022, *Tth al ils a5s0ts ￿n9 fijly distributed lo tho chaftty. A $wcial resc4ul¢)n tow7nd￿lhe CpJrnP8nywa8 paJs&J on 20 De(￿b8T2032. Th6 c£ffipany was dLs8dvod subsequ￿￿Y on 30 2024. DEBTORS 8,499 67,518 Otherdebt(n 67,518 16 THE CAMBRllKE MOSQUE TRusr NOTES TO THE FINANCIAL STATEMENTS{cootln4¢d) IIOR THE YEAR ENDED 31 DECEMBER 20LI 1th CREDifoRS: arnowtstslW duewlthln on•y Tr* ueLkn Acuu4$ 51.112 31S24 70,782 49,071 9.931 91,732 129,844 11. RELATED PARTY RELATIONSHIPS AND TRANS There ¥e Th) t)a8nc85 ¢kn kn Cf dw frtyn CMT C* ￿ Buld ud120￿. £rill Expenses amounting lo£nil12022. £nll *w• to the tru8te88. No tru6te88 rec4¥￿ any b8ra8 In knnd theoJThenlcfthe Mr S Bhattl and Dr T Wmter we tsuste8s ol Muskm Tnol • r&i8tWod in En￿￿d aTrJ W*es, Ihal dethahl land lo the charity £6,697,262in 2016. Ther8 are nodhw rql*J Ptytrwlkn$ torw Ai eithwthè ￿r￿le(the 12. CHARrfY FUNDS- CURREMTYEAR ENDED 31 DECEMBER 2023 B￿9￿ Cwrf•d Fornwd 24.181,5C6 6.697,262 Donatèd saster rd 914,437 23,287,0 6,697,262 140.701 135.rJ8 Ftrana Janaz8h Zak4 vdAI 19,725 19) 102.294 19.725 975 4,521 3,784 101,557 .883.378 6217)) 1,172,318 30,334,791 Genwd thjnds De*nat&J 151224 IF￿3 i.IM),222 859.743 341,703 2,633 Unr•stslct•d lun 151857 1,C60,222 859.743 TOTAL OF FUNDS 31.037.235 1,673,952 2,032,IX1 1.679,127 17 THE cAmBR￿￿E MOSQUE TRUST NOTES TO THE FINANCIAL STATEMENTS (coDtiDued) FOR THE YEAR ENDED 31 DECEMBER 21123 CHARITY FUNDS- PRIOR YEAR ENDED 310ECEIIBER 2Q22 Carrf•d ExpMdlturn 25,587,102 697. 1.405. 24.181,5C6 6.69T.262 Donated LWKI Fltrana Janazah Zakat MCMII 825 472 76.037 71724 31285.661 81 1,483,573 30.883.378 Generd furth Dewnaled luThls 521741 1633 875,086 1.247.eAI3 151,224 2,633 thirHffictsd fund• 526.374 875,C416 1,247,603 1S3,857 TOTAL OF FUNDS 32.812,035 956.376 1731,17T 31.037,235 Fund# d*Grlw I donati￿ ree*1¥￿ lo the cornFdetion ofth• moswe in Mart* 2019 fr*th6 puw ofbJildng and •qulpp5ng rN)sque In Cambrty on ￿ th)nabJ lan Don41￿1• Land was donated th• purpose ol lyil*'r¥J a nwu• in C*thklp. Funds to ￿FPOrt tho Pwlo Cele￿ EpS&Ftr. nds are Ic¢thE cosbfor the KW. l fijnds received ¥e knlhg rel￿f0f Funds to te don*d to m￿lI118n 18 THE CAMBRIDGE MOSQUE TRusr NOTES TO THE FINANCIAL STATEMENTS (eonthiue FOR THE YEAR EIYDED 31 DECEMBER 2023 13, ANALYSISOF NET ASSETS 8ETWEEN FUNDS Fw Fun Fund8 Fund baf*w at 31 Dec•mbw2023: Taglt40 fixed as Current assets (ba￿utio$) 29.683,S96 29,683,596 288.516 442,373 151.224 Al 31 Decfjmber ITr23 1633 151,224 ,883,378 31,037.235 AIIALYSIS OF GROUP NET ASSErs BETWEEN FUNDS p￿ft YEAR Total Funth Fun F￿d 31 D•c•mhr 2022: TaTrg¥tlefixed assets CU￿ent assels Ibat4111081 ,$94,862 2e8,516 30,594,862 442.373 151,224 At 31 December 3r 2,610 151,224 30,883,378 31,037,235 19 THE CAMBRIDGE MOSQUE IIIU NOTES TO THE FINAIYCIAL STATEMENTS {tORtinDed) FOR THE YEAR ENDED 31 DECEMBER 2023 14 PRKIR YEAR STATEMEKf OF FIIANCIAL ACTI T(tsl Funds Y••rv•fKl•d 2022 F￿￿ Fun Donat￿n6 & DonatsM8 875.035 51 81M) 956.325 51 Trt 875,CQ6 81,￿) ,376 Exp•n£Murn c Ral8lng funds Ch8rllatd8 acl 79,882 1,841,156 771.828 1,069,528 T(*al 851.49) 1,069,$28 1,921,018 N•t bMveffl•nt In fwKI• 23, (988,2381 1964,6421 R•conclll*iofi olfvn Told fvnds trfOUghtfop#ad 1￿,261 31,871.616 3Z001,877 Totsl lunth urrfedlonvvd 153,857 30.883.378 31,037,235