SALAM TRUST REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Company Registered No: 10009228 Charity Commission No: 1166526
SALAM TRUST 818 Alum Roek RoAd BlrmfinghAm B8 2TX coNrENTS Pago Charity infornwtion Trustees, Report Accountants, Report Statement of Financial Activities Income and Expenditure Account Balan Sheet Notes to the accounts 8-10
SALAM TRUST SIGNIFICANT INFORMATION Salam Trust is established as a company limit¢d by guarantee {Company Registered No: 1000928).Charity Commission no 1166526. The affairs of the association are governed by its memorandum and articl¢s of association. The liability of the members in thc ¢venl of the Association being wound up is limited to a sum not exceedin8 £1. DIRECTORSITRUSTEES Allah Ditta Akthar-uz-zaman Khalid Hussain REGISTERED OFFICE 818 Alum Rock Road Bimiingham B8 2TX
SALAM TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their report for the period ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies on page 8 and comply with the charitys applicable law. The charity was incorkX)rated as a private company limited by guarantee on 17 Febnwy 2016 0EcTs The objects of the charity are to advance religion in accordance with the teachings of Islam. To advance education for the benefit for the poor, under privileged and general public. To advance educalion and promot¢ the Community participation in healthy recreation by providing facilities for playing particular sw)rts. The building and maintenance of a mosque in particular but not exclusively for the benefit of the loca] and surrounding Muslim community in Birnjingham. AcfiviTIES AND PROGRESS Salam T1 provides public benefit through its programmes of prnyers and celebration of the key events in the Islamic Calendar. Activities are open to everyone in the community. The mosque also provides Congregational Prayers, Friday Sernions and Eid Prayers. During the year Salam Trtl aThng¢d Eid Prayers at local Ward End park for Muslims to attend the congregation. For younger children th¢r¢ are summer and winter schools during holiday period and evening classes. Trustees are also planing for the futur¢ to have facilities for homeless peopl¢ in the community. FINANCE Durin8 the period the charity raised funds by collecting donations and interest free friendly loans frotn the wmmunity members. TRUSTEES, RESPONSIBILITY FOR THE ACCOUNTS Charity law requires the trusttts of the Association to prepare statements of accounts for each financial year which 8ive a true and fair view of the stste of affairs of the charity and of its incoming resources and application of resourtts for that period. In prepariDg those financial statements. the trustees are required io . - select suitable accounting policies and apply them consistently: - make judgements and estimates that are reasonable and pnthit. - to prepare the financial ststements in accordance with the methods and principles set out in the Ststement of Recommended Practice Accounting and Reportin8 by Charities and to state whether or not the accounts have been prepared sn accordance with that statement and applicable accounting standards: - prepare the financial statements on the going concern basis unless it is inappropriate lo - presume that the charity will continue in owatiotL
SALAM TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 21125 (continued) The tnteeS are resp)nsible for keeping proper accounting records which are sufficient lo show and explain the charity's transactions and to disclose with reasonable accuwy at any time the fmancial position of the Association. and to enable them to ensure that any statements of account comply with the requirements of the Charity (Accounts and Reports) Regulations 2000. They are also resp)nsible for SafeguIng the assets of the charity and taking reasonable steps for th¢ prevention and ddection of fraud and other iTregularilies RISK MANAGEMENT The trustees have assessed the major risks to which the charity is exwsed. in particular those related to the operations and finances of the project, and are satisfied that systems are in place io rnitigate our exposure to major risks. RESERVES POLICY The Reserve Fund represents unrestrided funds. The Tnee5 aim to maintsin sufficient reserves so to give flexibility to cover tempK)fdry timing differences for donations received, adequate working capitsl for core costs and which aIlow them to resp)nd quickly to the needs of the TrusL On behalf of th¢ Managing Committee TnCe K Hussain 22 December 2025
SALAM TRUST Charlty No."lJ66526. Company No."10009228 Independent Examiner's Report to the Trustees of Salam Trn8t On aeeounls fro the year ended 31 March 2025 I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2025 which are set out on pages 5 to 10 ResponsibilAties and basis of report As the clwity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requir¢- ments of the Companies Act 2006 {'the 2006 Act,). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5Xb) of th¢ 2011 Act. Independent examiner's statement I have complefrd my examination. I confinn that no matters have come to my attention in connection with the examination giving me caus¢ to believe that in any nterIal respect: accounting records were not k¢pi in respect of the company as required by section 386 of the 2006 Act. or 2. the accounts do not accord with those records. or 3. the a¢counts do not Comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view, which is not a matter considered &$ part of an independent examination. or 4 The accounts have not been prepared in accordance with Charities SORP (FRS 102) I have no concerns and have come across no other matters in connection with the examination to which attention should be (frawn in this report in order to enable a proper understanding of the accounts to be reached. MAHMOOD AHED CHARTERED CERTIFIED ACCOUNTANT 784 Alum Rock Road Ward End Blrniillgham B8 2TE 22 December 2025
SALAM TRusr Company ReBi5tered No.. 10009228 STATEMENT OF FINAIYCIAL AcrivrtlES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Income Unrestricted Fundg Unrestriced Funds Donations And kgAeies Donations rc¢¢iv 10S,(X)O 114,161 Totsl iDeoming r¢•ouTttS 105,000 114.161 Charitable exptndlttsr¢ Governance aNdsupport ¢osl Teachers fees P¢n5iOn ¢OSt Rates and water Insurance Heat and light Promotion And awarene Building repairs Accountancy fee Sundry expenses Bank charges 50.908 656 1,088 1,384 10,483 51399 946 533 ,296 A468 122 300 690 1.045 300 510 320 Total 66,676 62,772 Net InrnIng Re8ourttJ for tbe yur 38J24 51J89 Funds Balan¢¢ brou8ht forward 868.751 817,362 Fund balance cAn4ed forward 907,075 868.751 The statement of financial activities includes all gains and lossts ft¢01$ed in the year. All incomin8 resources and resources expendd derive from continuing activities The notes on pa8es 8 to 10 forni part of these accounts
SALAM TRUST CoTnpany R¢gist¢red No.. 10009228 INCOME AND EXPENDITURE ACCOUNr FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes INCOME Donations 105,000 114,161 Gross Ineome 105,000 114,161 EXPENDITURE Governance and support cost 66,676 62.772 Total expenditure 66.676 62,772 Net Income for the year Funds balance brought forward 38,324 868,751 51,389 817,362 Funds balance earried fornard 907,075 868,751 Th¢ stat¢ment of financial activities includes all gains and losses recognised in the year. All incomin8 resources and resources expended derive from ¢ontinuing a¢tivitie4 and th¢ reported surplus was found under the historical cost convention. The notes on page 8 to 10 fonn an 1fttegr part of these accounts.
SALAM TRUST Company Reg¥tred No.. I(K28 BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes FIXED ASSETS Tangible assets 830.974 826,618 830,974 826.61 8 CURRENT ASSETS Cash at bank and in hand 131.790 93,583 CREDITORS: Amounts falling due within one year 55.691 51,450 TOTAL ASSETS LESS CURRENT LIABILITIES 76,099 42.133 TOTAL ASSETS LESS CURRENT LIABILITILS 907,073 868.751 FUNDS Gener funds 907.073 868.751 907,073 868.751 For the period ended 31 March 2025 the charitable wmpany was entitled to exptIon from audit under subsection l of section 447 of the Compani¢s Act 21X)6 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Aci 2006. The directors acknowledge their resp)nsibiliti¢s for complying with the requirements of the Companies Act with reSct to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the Provisions applicabk fo small eompanies subject to the small companies regime and in a¢cordanc¢ with FRS102 SORP Approved by the board of dffireetors OD 22 December 2025 and signed on tbeir behalf by: K Hussain DtRECTORrrRUSTEE The noles on pages 8 to 10 forni an Integr part of these accounts.
SALAM TRUST Company ReAiAered No: l(M>09228 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 fvtARCH 2025 Summary of signifieant aeeouDting policies Basis of preparation Basis of aeeoundng The accounts have been prepared in accordance with the Stat¢m¢nt of Recommended Practice.. Accounting and Reporting by Charities preparing their coUnts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in Octob¢r 2019 Assets and liabilities ar¢ initially recognised at historical cost or transaction value unless otherwise stated in the relevant accountancy policy notrs. Where necessary the headings laid down in the Companies Act have been adapted to meet the special activiti¢s of the Association. The charity has applied Update Bulletin l as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS102 Section l A The financial statements ar¢ prepared on a going concern basis vnder the historical cost convention The financial slat¢rn¢nts are presented in sterling whi¢h is the functional QUenCY of the chArity. The charity constitutes a public benefit tity as defined by FRS 102. 12 Income Income retogttlilon All incomTng resources are included in the Statement of Financial Activities (SOFA) when the charity is le8ally ¢ntitled to the income after any perfonnanc¢ nditionS have been mel the amount can be measured reliably and It 1$ probable that the income V11 be received. Grants and donatlons Grdnts and donation5 are only included in the SOFA when the genernl income recognition criteria are met. Revenue grnnts are credited to the income and expenditure account as received, unless related to a specific period, when it is placed in a r¢strictsd funds until it is used. IJ Glfts ill kind The charity receives the benefit of work caLed out by volunteers, and receives the use of facility and equipment without charge. No value is placed on these items. wh¢re the benefit extends over several periods, in which case they are valued and included in the balance sheet at a reasonable valuation. Tax4iloD As a registered ¢harity. the company benefits from Rates relief and is generally exempt from Income tax and Capital Gains Tax but not from VAT. Irrecov¢rable VAT is included in the cost of those items to which it lates.
SALAM TRUST Cornpany Regi5¢cred No.. l(KK19228 NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 MARCH 2025 Depreciatio No depreciation is pn)vided in the accEnting pertod as cOnstntion of buildings is in progress Expenditure recognition All expenditure is accounted for on an aceTuals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or consttuctive obligation to make payrnents to third parties. it is probable that the settlement will k required and the amount of the obligation Can be measured reliably 2025 2024 DONATIONS AND GI Donations received 10S,0(KJ 105.(YX) 114.161 MANAGEMENf AI¥D ADMINISTRATION During the year one of the Trustees Mr K Hussain received £17895 (2024 16.300) for teaching classes Average No of Employtts TANGIBLE FIXED ASSETS Freebold properties Totsl Cost As at 3110312024 Additions 826.618 4,356 826,618 As at 31103r2025 830,974 826,618 Depreeiation Charge for year As at 3110312025 Net book value At 3110312025 830,974 826,618 Net book value At 31103f2024 826,618 826,618
SALAM TRUST CoMpY Registered No: ICiI)9228 NOTES TO THE Accouwfs (continued) FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 CREDITORS: Amounts falling due within ODe year Int¢r¢st fr¢¢ loans Other creditors 52.000 3,691 47,000 4.450 55.691 51,450 Unrestricted funds 868.751 105,000 (66,678) Opening Incoming resources Outgoing resources As at 31 March 2025 907.073 Represented by Tangible fixed assets Net current Sets 830.974 76.099 907,073 The charity maintaiDS a general untestricted fund which repr¢sents fimds which are expendable at the discretion of the trustees in furtheran¢¢ of the objects of the charity. Such fimds may be held in order to finance Ix>th working capitsl and capital investment. There is no forn]al 11¢Y of transfer between funds or on the allocation of funds to designated funds. io