Registered Charity Number: 1166333
## **ANJUMAN-E-ISHA-AT-E-ISLAM**
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
## **ANJUMAN-E-ISHA-AT-E-ISLAM**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
FOR THE YEAR ENDED 31 DECEMBER 2024
**Trustees**
Muhammed Salim Hasanji Patel Mohamed Shakir Pathan Suleman Jeewa Ismail Dangor Mohammed Essa Meah Mehmud Ismail Patel Ismail Patel Ilyas Tarajia
**Charity Number**
1166333
**Registered Office** MASJID AL FAROUQ 4 MILTON STREET WALSALL WS1 4JS
4 MILTON STREET WALSALL
Imran Yousaf
**Independent Examiner**
## **ANJUMAN-E-ISHA-AT-E- ISLAM**
## **CONTENTS**
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees' Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
## **ANJUMAN-E-ISHA-AT-E- ISLAM**
## **TRUSTEES' REPORT**
## FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their annual report and financial statements for the year ended 31 December 2024.
## **Trustees' report and financial statements**
The trustees who are also directors of the charity for the purposes of the Charities Act 2011, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **Trustee Report for ANJUMAN-E-ISHA-AT-E-ISLAM**
Year Ending: 31st December 2024
## Overview
To advance the practice of the Islamic religion in the principles of Islam as shown in the Holy Quran & the Sunnah, ahlus sunnah wal-jamaat faith in accordance with the madhab of Imam Abu Hanifah for the benefit of the public through the holding of prayer meetings & organized events by such means as are according to the law of England exclusively charitable.
## **Trustee Names ·**
Muhammed Salim Hasanji Patel Mohamed Shakir Pathan Suleman Jeewa Ismail Dangor Mohammed Essa Meah Mehmud Ismail Patel Ismail Patel Ilyas Tarajia
## **Address**
MASJID AL FAROUQ 4 MILTON STREET WALSALL WS1 4JS **Email:** info@masjidalfarouq.org.uk **Website:** www.masjidalfarouq.org.uk **Phone:** 01922645786
## **Activities and Achievements**
During the year, the charity continued to engage the community with various activities:
## **Meditation and Prayer Meetings**
Regular sessions were held to foster spiritual growth and community support. **Festivals**
Celebrations attracted both members and the local community, promoting inclusivity and cultural understanding.
## **Donations**
The main sources of income are Friday collections, online donations, and specific fundraising appeals. All donations received during the year were available for the general purposes of the charity and have been treated as unrestricted funds.
## **Renovations**
Our residential properties have been renovated internally and externally also renovated ghusal khana (washrooms).
## **Financial Review**
For the year ending 31 December 2024, The trust made a profit in the year of £1,168 on unrestricted income and expenditure, mainly due to decrease donations received as compared to last year. Total Reserves on 31st December 2024 stand at £2,061,463 and bank balances have decreased due to the increase in the expenditure & creditors payoff for the year. The main asset of the mosque remains recorded at its historical value; however, a revaluation of the assets is scheduled for May 2025.
## **Reserves Policy**
The trustees have considered the level of reserves appropriate for the charity in line with the Charity Commission’s guidance (CC19). The charity’s policy is to maintain unrestricted free reserves equivalent to approximately three months’ core operating expenditure, in order to provide a buffer against unexpected income shortfalls or increases in costs.
At 31 December 2024, the charity held unrestricted reserves of £19,495. The trustees recognize that this is below the target level and will seek to build reserves over time through prudent financial management and by exploring new fundraising opportunities.
The charity also holds significant property assets which are shown in the accounts at revaluation reserve, but these are not liquid and therefore not available to meet day-to-day operating needs.
## **Risk Management**
The trustees have considered the major risks to which the charity is exposed and are satisfied that appropriate systems are in place to mitigate these risks. Key risks identified include:
**Financial risks** – potential reductions in donation income and increases in running costs. Mitigated through regular financial monitoring, budgeting, and maintaining appropriate reserves.
**Property and operational risks** – risks associated with maintaining the mosque and other charity properties. Mitigated through regular inspections, insurance cover, and planned maintenance.
**Governance and compliance risks** – risk of failing to comply with charity law or reporting requirements. Mitigated by maintaining trustee training, engaging an independent examiner, and following Charity Commission guidance.
**Safeguarding and community risks** – ensuring the safety and wellbeing of all community members, including children and vulnerable adults. Mitigated through safeguarding policies, DBS checks where appropriate, and regular review of procedures.
The trustees will continue to review risks on an ongoing basis and take action where necessary to protect the charity’s assets and beneficiaries.
## **Public Benefit Statement**
The trustees confirm that they have complied with their duty under section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit. In planning and carrying out the charity’s activities, the trustees have ensured that they further the charity’s objects for the advancement of the Islamic faith and the provision of community facilities, in ways that are accessible and of benefit to the wider public regardless of background.
The charity’s activities during the year — including daily prayers, educational classes, community events, and outreach programmes — have provided spiritual, educational and social benefits to the local community, thereby delivering clear public benefit in line with the charity’s aims.
## **Future Plans**
Going forward, the charity aims to:
·Increase community outreach and engagement.
·Explore new fundraising opportunities to support activities.
·Enhance educational programs through the distribution of literature and resources.
·Provide a safe space for ladies and younger members of the community so that specific beneficial programmes and courses can be delivered.
## **Trustees**
The following individuals served as trustees during the year and up to the date of approval of these financial statements.
Muhammed Salim Hasanji Patel Mohamed Shakir Pathan Suleman Jeewa Ismail Dangor Mohammed Essa Meah Mehmud Ismail Patel Ismail Patel Ilyas Tarajia
## **Trustees' responsibilities statement**
The trustees of Charity for Anjuman-E-Isha-At-E-Islam are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that year.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the trustee and signed on its behalf by:
Mehmud Ismail Patel Trustee
Date :01 October 2025
## **ANJUMAN-E-ISHA- AT-E-ISLAM INDEPENDENT EXAMINER'S REPORT** FOR THE YEAR ENDED 31DECEMBER 2024
## Independent Examiner’s Report to the Trustees of Anjuman-E-Isha-At-E-Islam
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2024. which consists of the statement of financial activities, balance sheet and the related notes
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act')
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
Since the charity’s gross income exceeded £250,000, I confirm that I am a member of a body listed in section 145(3)(c) of the Act. I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW) and the Association of Chartered Certified Accountants (ACCA), both of which are listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Charity as required by section 130; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of the Charities Act 2011 in any material respect.”
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Imran Yousaf (FCA,FCCA) Independent Examiner
## **ANJUMAN-E-ISHA-AT-E-ISLAM STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31-12-2024**
|**Recommended**
**categories by activity**
**Notes**
**Income and endowments**
**from:**
Donations and legacies
2
Charitable activities
3
Investments
4
**Total**
**Expenditure on:**
Raising funds
5
Charitable activities
6
Other
8
**Total**
**Net income/(expenditure)**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted funds**
**£**
70,032.25
163,140.68
61,168.00|**Total Funds 2024**
**£**
70,032.25
163,140.68
61,168.00|**Total Funds 2023**
**£**
239,949.00
53,959.00|
|---|---|---|---|
||**294,340.93**|**294,340.93**|**293,908.00**|
||10,414.23
258,740.35
24,017.90|10,414.23
258,740.35
24,017.90|52,809.00
175,808.00
46,964.00|
||**293,172.48**|**293,172.48**|**275,581.00**|
||**1,168.45**|**1,168.45**|**18,327.00**|
||**1,168.45**
18,327.00|**1,168.45**
18,327.00|**18,327.00**|
||**19,495.45**|**19,495.45**|**18,327.00**|
## **ANJUMAN-E-ISHA-AT-E-ISLAM**
## **BALANCE SHEET**
FOR THE YEAR ENDED 31 DECEMBER 2024
|**Recommended categories by**
**Notes**
**activity**
Fixed assets
Tangible assets
9
Investments
10
**Total fixed assets**
Current assets
Cash at bank and in hand
11
**Total current assets**
Creditors: amounts falling due within
one year
12
**Net current assets/(liabilities)**
**Total net assets or liabilities**
**Funds of the Charity**
Unrestricted funds
13
Restricted income funds
13
Endowmentfunds
13
Revaluation reserve
**Total funds**|**Unrestricted**
**Funds**
**2024**
**£**
1,765,662.22
91,200.00
1,856,862.22
350,229.30
350,229.30
145,627.93
204,601.37
2,061,463.59
19,495.45
2,041,968.14
2,061,463.59|**Total**
**Total Funds**
**Funds**
**2024**
**£**
**2023**
**£**
1,765,662.22
1,554,400.00
91,200.00
91,200.00
1,856,862.22
1,645,600.00
350,229.30
671,646.00
350,229.30
671,646.00
145,627.93
256,951.00
204,601.37
414,695.00
2,061,463.59
2,060,295.00
19,495.45
18,327.00
-
-
-
-
2,041,968.14
2,041,968.00
2,061,463.59
2,060,295.00|**Total**
**Total Funds**
**Funds**
**2024**
**£**
**2023**
**£**
1,765,662.22
1,554,400.00
91,200.00
91,200.00
1,856,862.22
1,645,600.00
350,229.30
671,646.00
350,229.30
671,646.00
145,627.93
256,951.00
204,601.37
414,695.00
2,061,463.59
2,060,295.00
19,495.45
18,327.00
-
-
-
-
2,041,968.14
2,041,968.00
2,061,463.59
2,060,295.00|
|---|---|---|---|
||||1,645,600.00|
||||671,646.00
671,646.00
256,951.00
414,695.00|
||||2,060,295.00|
||||18,327.00
-
-
2,041,968.00|
||||2,060,295.00|
For the year ended 31 December 2024 CIOs are regulated under Charities Act 2011.
The trustee acknowledges their responsibilities for complying with the requirements of the Charities Act 2011 with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to charities act 2011, the charities SORP(FRS102) and United Kingdom accounting standards (FRS 102).
The financial statements were approved by the trustees on 01 October 2025 and signed on its behalf by:
Mehmud Ismail Patel Trustees Date :01 October 2025
## **ANJUMAN-E-ISHA-AT-E-ISLAM**
## **NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 DECEMBER 2024
## **1. Accounting Policies**
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
## **1.1 Basis of preparation**
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
## **1.2 Going concern**
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the accounts.
## **1.3 Change of accounting policy**
These accounts have been prepared to give a ‘true and fair’ view
## **1.4 Income from donations or grants**
Income from donations and grants is recognized when the charity is entitled to the funds, the receipt is probable and the amount can be measured reliably. For donations, this is usually on receipt. For grants, this is usually when a formal offer is made in writing. If a donation or grant contains terms and conditions outside of the charity’s control which must be met before the charity is entitled to the funds, or if the donor specifies that the funds must be used in future time periods, then the income is deferred.
## **1.5 Income from charitable activities**
Income from charitable activities is recognized over the period to which the income relates. Concert fees are recognized at the date of the event. Membership fees are recognized over the period of the membership. Rent is recognized over the period to which it relates. Any amounts relating to future periods are deferred.
## **1.6 Income from membership subscriptions**
Membership subscriptions received in the nature of a gift are recognized in Donations and Legacies. Membership subscriptions which give a member the right to buy services or other benefits are recognized as income earned from the provision of goods and services as income from charitable activities.
## **1.7 Tangible fixed assets**
Tangible fixed assets, such as land and buildings, plant, vehicles and equipment, are held to provide an on-going economic benefit to a charity through their contribution, directly or indirectly, to the provision of goods or services by the charity.
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
**Name Rate (%) Year Method** Fixtures & Fittings 20% 5 Straight Line Method
## **1.8 Investments**
Fixed asset investments in quoted shares, traded bonds and similar investments are valued initially at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.
## **1.9 Investment properties**
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties must be measured initially at fair value at the reporting date, except where that property is rented to another group entity. Depreciation is not provided on investment property measured at fair value.
## **2. Income from Donations and Legacies**
|**Analysis**
Donated Goods, facilities and
services
Donation and gifts
Gift Aid
Membership subscriptions and
sponsorships which are in
substance donations
Other
**3. Income from Charitable Activities**
**Analysis**
**Unrestricted funds**
Sale of service
**£**
163,140.68
**163,140.68**
**4. Income from Investments**
**Analysis**
**Unrestricted funds**
**£**
Interest income
-
Rental and leasing income
61,168.00
**61,168.00**
**5. Expenditure on Raising Funds**
**Analysis**
Operating membership schemes and social lotteries
Portfolio management costs
Wages and salaries
Staff costs
Rent collection, property repairs and maintenance charges
**Unrestricted funds**
**£**
-
31,579.25
-
38,453.00
-
**70,032.25**||**Total funds 2024**
**£**
163,140.68
**Total funds 2024**
**£**
-
31,579.25
-
38,453.00
-
**70,032.25**|**Total funds 2023**
**£**
-
**Total funds 2023**
**£**
19,595.00
126,806.00
5,764.00
88,225.00
(441.00)
**239,949.00**|
|---|---|---|---|
|||||
|||||
|||**163,140.68**|**-**|
|||**Total funds 2024**
**£**
-
61,168.00|**Total funds 2023**
**£**
183.00
53,776.00|
|||**61,168.00**|**53,959.00**|
|||**Total funds 2024**
**Total funds 2023**
**£**
**£**
7,485.18
-
-
2,149.00
-
21,393.00
-
2,755.00
2,929.05
26,512.00||
|||**10,414.23**
**52,809.00**||
## **6. Expenditure on Charitable Activities**
|**Analysis**
Interest payable
Bank charges
Legal/professional fees
Wages and salaries
Staff costs
PAYE/inland revenue
Charity management & administration
Charity running cost
Donations
Printing and stationery
Insurance
SupportCosts|**Total funds 2024**
**Total funds 2023**
**£**
**£**
-
207.00
261.68
650.00
5,496.90
-
173,252.15
140,157.00
200.00
341.00
7,716.69
-
46,724.62
25,458.00
17,771.18
-
-
1,157.00
-
300.00
4,917.03
6,338.00
2,400.00
1,200.00|
|---|---|
||**258,740.35**
**175,808.00**|
## **7. Support Costs**
|**Analysis**
**Governance Costs**
Accountant fees|**Total funds 2024**
**Total funds 2023**
**£**
**£**
2,400.00
1,200.00|
|---|---|
||**2,400.00**
**1,200.00**|
## **8. Other Expenditure**
|Fixtures & Fittings
**Analysis**
Depreciation Charge for the Year -
Other Expenditure
Utilities|**Unrestricted funds**
**£**
23,998.40
19.50
-
**24,017.90**|**Total funds 2024**
**£**
23,998.40
19.50
-
**24,017.90**|**Total funds 2023**
**£**
-
1,209.00
45,755.00|
|---|---|---|---|
||||**46,964.00**|
## **9. Tangible Fixed Assets**
|**9.1 Cost or valuation**
At 01 January 2024
Additions
Disposals
Revaluations
Transfers
At 31 December 2024|**Freehold Land &**
**Buildings**
**Fixtures &**
**Fittings**
**£**
**£**
1,500,000.00
68,000.00
183,268.62
51,992.00
-
-
-
-
-
-|
|---|---|
||**1,683,268.62**
**119,992.00**|
Freehold Land & Buildings are held at historical cost, with no depreciation charged, as the trustees consider that the residual value is not materially different from cost. A professional revaluation will be carried out in 2025, and any resulting adjustment will be reflected in the accounts for the year ending 31 December 2025.
|**9.2 Depreciation and impairments**
At 01 January 2024
Charge for the year
Disposals
Revaluations
Transfers
At 31 December 2024
**9.3 Net book value**
At 01 January 2024
At 31 December 2024
**10. Investments**|-
13,600.00
-
23,998.40
-
-
-
-
-
-|
|---|---|
||**-**
**37,598.40**|
||1,500,000.00
54,400.00|
||**1,683,268.62**
**82,393.60**|
|||
||**Investment Properties**|
|---|---|
||**£**|
|**Carrying(fair) value at beginning of period**|-|
|Add: additions to investments during period*|91,200.00|
|Less: disposals at carrying value|-|
|Less: impairments|-|
|Add: Reversal of impairments|-|
|Add / (deduct): transfer in/ (out) in the period|-|
|Add / (deduct): net gain / (loss)on revaluation|-|
|Carrying(fair) value at end of year|**91,200.00**|
Investment properties are currently held at historical cost. A fair value assessment is scheduled to be carried out during the financial year ending 31 December 2025, in accordance with the Charities Act 2011, and will be reflected in the financial statements for that year.
## **11. Cash at bank and in hand**
|Cash at bank and in hand|**Total funds 2024**
**Total funds 2023**
**£**
**£**
350,229.30
671,646.00
**350,229.30**
**671,646.00**|
|---|---|
## **12. Creditors: Amounts falling due within one year**
|Accruals and deferred income
Other creditors|**Total funds 2024**
**Total funds 2023**
**£**
1,800.00
**£**
1,200.00
143,827.93
255,751.00
**145,627.93**
**256,951.00**|
|---|---|
## **13. Charity funds**
## **13.1 Details of material funds held and movements during the current reporting period**
|**Fund names**
**Unrestricted**
**funds**
**Total**|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**|
|---|---|
||**18,327.00**
**294,340.93**
**293,172.48**
**-**
**-**
**19,495.45**|
||**18,327.00**
**294,340.93**
**293,172.48**
**-**
**-**
**19,495.45**|
## **13.2 Details of material funds held and movements during the previous reporting period**
|**Fund names**
**Unrestricted**
**funds**
**Total**|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**|
|---|---|
||**-**
**293,908.00**
**275,581.00**
**-**
**-**
**18,327.00**|
||**-**
**293,908.00**
**275,581.00**
**-**
**-**
**18,327.00**|
Unrestricted funds: represent income which is available to be spent at the discretion of the trustees for the general objectives of the charity.
Restricted funds: no restricted donations were received in 2024 or 2023. All donations during these years were available for general charitable purposes.
Revaluation reserve: represents the surplus arising from the revaluation of the mosque property in prior years. This reserve is not available for distribution.
The revaluation reserve is presented separately on the balance sheet and is therefore not included in the above fund movement tables.