Registered number 1166030 Masjid Talha Report and Accounts 31 March 2024 Masjid Talha Charity Information Trusto08 Mr M H China Mr H E Dadibhai Mr A E Dadibhai Dr A Vania Or E l Dadibhai Charity number 1166030 Principal address 35 Oxford Road Dewsbury WF13 4JR Indepèrtdènt Examiners Clintax Cttartèred Certified Accountants Suite 30 Batkey Business Park Batley WF176ER Masjid Talha Charity numbér: 1166030 Report of the Dire¢tors for the year ended 31 March 2024 The trustees present their report for the period ended 31 March 2024 Referonce and Admlnlstratlve Informatlon Charlty Name: Masjid Talha Charity Registration Number.. 1166030 Principle Offlce: 35 Oxford Street Batley WF13 4JR Board of Trustees Mr M H China Mr H E Dadibhai Mr A E Dadibhai Dr A Vania Dr E l Dadibhai Structure. governance and management Governing document The charity is an unincorporated entity. governed by its trust deed dated 9th March 2016. Recruitment and Appointments of Trustees and executive ¢ommittee. Recruitment and infomatir>n packs are available to enable active recruitment for new members for the Masjid Talha. Potential new members are invited to attend the monthly meeling of the Council of Management and meetings are initially held with the committee lo ensu￿ a lull briefing and understanding of the charity and the Iruslee role. Where specific training is required this is Co-ordinated by tho Council ol Management lo ensure that all members have the necessary attributes to be involved with the Majiot Talha. The structure of Masjid Talha consists of a National Council and 8 Council of Management. The charity is controlled by the trustees who make up the Council of Management. The members ol the Council ol Management and Iruslees ol the charity during the yèar are all as sel out on the charity information page. The Council of Management have monthly full meetings. Objectives and activities The objectives ol the charity are threefold. Facilitsting worship. education. and welfa￿. This year. the charity has continued to work in these areas. The Mosque has continued lo run through the year and rts associated costs have been settled through fundraising from the public. There has also been an increase in both income and expenditure associated with the construction of a new building for ttr11s purpose through restricted funds. Educational talks and courses have also been held at the mosque. In welfare provision. the mosque has distributed charitable donations, to the needy in poverty and natural disasler-stricken parts of the world. primarily through other UK based trusted charities Masjid Talha Charity number: 1166030 Report of the Dir•¢tors for the year ended 31 March 2024 Flnancial Review It is the policy ol the trust that unrestricted funds which have not been desunaled for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The trustees considers that reserves at this level will ensure that. in the event ol a significant drop in funding. they will be able lo continue the trust's current activities whilg consideration is given lo ways in which ad(Oitional funds may be raised. The Iruslees has assessed the major risks to which the trust is exposed, and are satisfied that $￿temS are in place lo mitigate exposure to the major risks. The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are In place to mitigate exposure lo the major risks. The trustees declare that they have approv8d the trustees, feport above on 12th February 2025 Dr A Vania Trustee Masjid Talha CHARITY COMMISSION REFERENCE NO: 1166030 INDEPENDENT EXAMINER'S REPORT I report lo the trustees on ffly èxamination of the account5 of the above charity I'the trust") for the year ended 31 March 2024, (Charity No.'11660301 which a￿ sel out on pages 5 10 9. R•sptcti¥e Tesponsibi1StS•s of trust•es and examln•r The chaFlty's Trustees are responsible lor the p￿pa￿tiOn ol the accounts. The charitls Trustees consider that an audit is not ￿qUired lor this pèriod under sèction 144121 of tha CharIt￿S Act 2011 Ithe 2011 Act) and that an independent examination rs needed. 11 is our ￿spOnSIbl111Y lo.. lil examine the accounts under section 145 01 the 2011 Act.. lill lo follow the prO￿dureS laid down in th& ￿N8r31 D1￿ctionS given by the Charity Commission under section 14515llbl OF the 2011 Act,. and liiil to state whether particular rnatlers have corne lo our attention. Basis of indepèndent examiner's report Our exafflinalion was carried out in accordance with the general directions given by the Charity Comrnission. An examination includes a review ol the aeeounting records kept by the charity an(J a compari50n of the accounts p￿Sent&d with those records. It also includes consideration of any unusual items or discbsures in thè accounts and seeking explanations from you as trustees concerning any such matte￿. The procedures undertaken do not Provide all the èvidence that would be rèquired in an audit and consequently no opinion is given as to whether the accounts present 8 'true and fair view and the report is limrted to Ih05e matters set out in th6 Stètèm8nt below. Independent examiner's statement In connection with our examination. no matter has come to our altenlion.. lal which gives us ￿asOnable cause to believè that In any material respect thè rèquirements.. Ill lo keep accounting rècord5 iri accordance with section 130 of the 2011 Act.. and lill to prepare accounts which accord with Ihe accounting records and cornply with the accounting requirements of Ime 2011 Act", have not tr)•en mèt.. or Ibl lo which. in our opinion, altenlion should be drawn in order lo enable a proper understanding of th6 accounts to be reaohed. Dale. 12 Fèbruary 2025 Clientax Chartered Certified Accountants Suite 30 Balley 8usiness Park Balley WF176ER Masjid Talha Statement of financial activities for the year ended 31 March 2024 Charity number.. 1166030 Rèstricted Unrè5trictod Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Income resourcès Donations and kgacies invesimenls 339.453 2.631 339,453 2,631 218.434 949 Total 34 Resources Expendèd C05t of eharitablè actlvoty: Charitable activities Total 6.906 6.906 6.906 6.906 15.460 15,460 Net movement in funds 335,178 335.178 203.923 Reconciliation ol funds-. Total funds brough forward 1,039,035 1.039.035 835.112 Totsl funds carried forward 1.374,213 1,374.213 1.039,035 Masjid Talha Ststement of assets and liabilities as at 31 March 2024 Restricted Unrestrictgd Funds Funds 2024 2024 Total Fund5 2024 Total Funds 2023 Notes Flxed assets Tangible assets 1,306,894 1.306,894 856.894 Current assets Cash at bank and in hand 153,219 153,219 268,041 Crodltors: amounts falling due within onè year 185.9001 185.9001 185.9001 Total net a5SOts 1,374,213 1.374,213 1,039,035 Funds of the charity Restricted funds Unreslricted funds 1.374.213 1,374,213 1.039.035 Total funds 1.374.213 1.374.213 1,039.035 Dr Avania Trustee Approved by the Iruslees on 12 February 2025 Masjid Talha Notes to the Accounts for thè year ènded 31 March 2024 Accountlng pollcles 88sls of prep8r8tlon These accoun15 hav• been prepa￿0 under the historical cost convention with iiems reco9nis8d al cost or Iransactron value un1&5S Othe￿iSe stated in the relevant nolelsl to these attounts and the Slalement of Recommended Practice.. Accounting and RÉporting by Charities preparing their accounts in a¢cordance with the Fin8nckql Reporting Standard applicable in the UK and Republic ol I￿ knd IFRS 1021 issuÈd on 18 July 2014 Fundstructtsre Unreslricle(J funds compri58 thosè which are available for use at thè dis¢￿tIOn of the trustee5 in the furtherance of the Charitab￿ objectives. Re51r*ied funds are subjècted to reslfiCIK)n5 on Iheir expendIlu￿ Imposed by the donor or on the terms of the app*al. T4n9ible fixed assets Tangible fixed assets are initially Mea5uod at cost and subsequenlly mèasurèd at cost or Valuation. nel of depreciaiKin and any impairfflent k)ss85. Dep￿CiatIon is recognised 50 as to writs off ¢osr or Valuation of assets less their residual values over Iheir useful lives on the following t>asi5'. Land and bU1￿1Th9$ Nil depr8ciatKJn Incoming r•$our¢•s l inwming resources are included In the Slalemeni of Financial Acliviiies ISOFAI when.. the charity becomes entitlett 10 the resources., the Iru5tees are virtually certain they will receive the r950urces.- and the rnonetary value cat? be measu￿￿ with sufficieni reliably. The following specific pol￿1e9 are applied to particular categories of Income.. whe￿ in¢oming ￿sourceS have re181&d expenditure las with fundraising or contract income) the incorning re50urce5 and ￿lated expenditur& are reported gr055 in the SOFA. Grants and donations ar& only included in the SOFA when the charity ha5 unconditional entitlemoni 10 the ￿sOurCes. Gift Avj rec8ivablE is inclucled in income when there is a valid cleclaraton from the donor. Any Gift Aid amount recovered on a don4lion is conSide￿d to be parl of that gift and is i￿ated as an adcjition lo the same fund as the inilkql donation unless the donor or the terms of the appeal have specified olhemise. Expenditure and liabiliti8$ Liabilities are r&cogni5ed as soon as IThe￿ is a legal or constructive obligati)n committing the charity to P8y Dut resource5. Cost ol generating funds are those cost incurred itt attracting voluntary Incom8. or incurred in tffjding activities undertaken to raise funds. Charitable expenditure comprises those cost incurred by th• charity in the dolivery Df its activi118s and services for the benefKiaries. 11 includes both the (Jir8cI pay and non-pay and support costs reLaling lo those aciival8S. Creditor5 The charity has creditors which are measured at settlement arnounts less any trade di$counls Masjid Talha Notes to the Aceounts for the year ended 31 March 2024 Donations and legaclos Restricted Fund$ 2024 Unrestrlcted Fund$ 2024 Total Funds Total Funds 2024 2023 Donation5 & gifts Gift Aid 291.380 23.OT3 314.453 291.380 23,073 314,453 218.434 218.434 Incorne from Investmerlts 2024 2023 Int6resi rècsivablè 2.631 949 Analy515 of resources expended Restrlcted Funds 2024 Unrestrlcted Funds 2024 Total Funds 2024 Total Funds 2023 Charitable aCti￿tIes. Wages and salaries Bank chaf9es Power. Iyhl and h&al Repaits & maintenance Aceount8ncy fee8 printing postage and stationery Computer running cost insurance Vvalef r81es Donations Insurance 3,272 62 9,458 48 600 120 220 390 1.290 110 4.690 110 4.690 412 412 1.290 1.290 404 404 6.906 6,906 15,460 Tangible fixed assets Land and buildings Total Cost Al l April 2023 Additions Al 31 March 2024 856.894 856.894 450.000 450.000 1.306.894 1.306.894 Net book value At 31 Maich 2024 1.308,894 1.306.894 At 31 March 2023 85e.894 856.894 Masjid Talha Notes to the Accounts for the year endèd 31 March 2024 Croditors- amounts 18llln9 due within one year 2024 2023 Loans Trade ¢￿￿110rS and accruals 84.100 1.800 85.900 84.100 1.800 85.900 Movements In Funds Ba18nce Incomlng resources Outgoing Resourcey Fun cl￿￿ b￿￿ Restricted funds UnrestTrcled general fund 1.039.035 342.084 16,9061 1.374.213 At 31 March 2024 1.039.035 342.084 16,9061 1.374.213 Related Party Transactions Therg were no related party Ir8nsaction5 durin9 the year12023-non81.