REGISTERED COMPANY NUMBER: 08715533 (England and Wales) REGISTERED CHARITY NUMBER: 1168594
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 October 2024
for
Masjid Al - Humera
Masjid Al - Humera
Contents of the Financial Statements for the Year Ended 31 October 2024
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 to 6 |
| Notes to the Financial Statements | 7 to 11 |
| Detailed Statement of Financial Activities | 12 to 13 |
Masjid Al - Humera
Reference and Administrative Details for the Year Ended 31 October 2024
| TRUSTEES | Mr Murtaza Khan (Chair) |
|---|---|
| Mrs Zaineb Rafique (Trustee) | |
| REGISTERED OFFICE | 183 Green Street |
| London | |
| E7 8LL | |
| REGISTERED COMPANY | 08715533 (England and Wales) |
| NUMBER | |
| REGISTERED CHARITY | 1168594 |
| NUMBER | |
| INDEPENDENT EXAMINER | Quilfords Limited |
| Chartered Certified Accountants | |
| 113 Romford Road | |
| London | |
| E15 4LY |
Page 1
Masjid Al - Humera
Report of the Trustees for the Year Ended 31 October 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To further the Islamic faith by providing for the erection and maintenance in London/Essex of a fitting mosque to be used by Muslim of London/Essex and from any other part of the country for worship according to the religion of Islam.
To advance the education of the public in particular but not exclusively in the Muslim community of London/Essex.
To provide or assist in the provision of facilitates in the interest of social welfare for recreation or other leisure time occupation for individuals primarily within (though not exclusively) the Muslim community who have need of such facilities by reason of their youth, age, infirmity or disability and financial circumstances with the object of improving their condition of life.
FINANCIAL REVIEW
Funds in deficit
The charity received income totalling £133,661 (2023: £265,928) . After payments of outgoing expenses totalling £152,000 (2023: £96,495), the charity was left with a deficit of £18,339 (2023: surplus of £169,433) for the year.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Approved by order of the board of trustees on 20 June 2025 and signed on its behalf by:
Mr Murtaza Khan - Chair
Page 2
Independent Examiner's Report to the Trustees of Masjid Al - Humera
Independent examiner's report to the trustees of Masjid Al - Humera ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2024.
Responsibilities and basis of report
As the charity'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 requirements 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 charity'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(5) (b) of the 2011 Act.
Independent examiner's statement
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:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts 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 as part of an independent examination; or
-
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.
Askir Ali
Quilfords Limited Chartered Certified Accountants 113 Romford Road London E15 4LY
Date: .............................................
Page 3
Masjid Al - Humera
Statement of Financial Activities for the Year Ended 31 October 2024
| 31.10.24 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 133,661 EXPENDITURE ON Raising funds 2 152,000 NET INCOME/(EXPENDITURE) (18,339) RECONCILIATION OF FUNDS Total funds brought forward 802,661 TOTAL FUNDS CARRIED FORWARD 784,322 |
31.10.23 Total funds £ 265,928 96,495 169,433 633,228 802,661 |
|---|---|
The notes form part of these financial statements
Page 4
Masjid Al - Humera
Statement of Financial Position 31 October 2024
| Notes FIXED ASSETS Tangible assets 6 CURRENT ASSETS Cash at bank NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 7 NET ASSETS FUNDS 9 Unrestricted funds TOTAL FUNDS |
31.10.24 Total funds £ 758,360 95,749 95,749 854,109 (69,787) 784,322 784,322 784,322 |
31.10.23 Total funds £ 758,360 114,000 114,000 872,360 (69,699) 802,661 802,661 802,661 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
Masjid Al - Humera
Statement of Financial Position - continued
31 October 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 19 March 2025 and were signed on its behalf by:
Mr Murtaza Khan - Chair
The notes form part of these financial statements
Page 6
Masjid Al - Humera Notes to the Financial Statements for the Year Ended 31 October 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 7
continued...
Masjid Al - Humera
Notes to the Financial Statements - continued for the Year Ended 31 October 2024
2. RAISING FUNDS
| Raising donations and legacies Support costs |
31.10.24 £ 152,000 |
31.10.23 £ 96,495 |
|---|---|---|
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 October 2024 nor for the year ended 31 October 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 October 2024 nor for the year ended 31 October 2023.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 265,928 |
| EXPENDITURE ON | |
| Raising funds | 96,495 |
| NET INCOME | 169,433 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 633,228 |
| TOTAL FUNDS CARRIED FORWARD | 802,661 |
Page 8
continued...
Masjid Al - Humera Notes to the Financial Statements - continued for the Year Ended 31 October 2024
5. PRIOR YEAR ADJUSTMENT
A property was donated to the charity during the financial year ended 31st October 2020 at a market value of £600,000. However, this donation was omitted from the 2020 accounts.
The asset has now been included in the October 2022 accounts as a prior year adjustment.
6. TANGIBLE FIXED ASSETS
| COST At 1 November 2023 and 31 October 2024 NET BOOK VALUE At 31 October 2024 At 31 October 2023 7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 31.10.24 £ Other loans (see note 8) 69,787 8. LOANS An analysis of the maturity of loans is given below: 31.10.24 £ Amounts falling due between two and five years: Interest free loan 69,787 |
Freehold property £ 758,360 758,360 758,360 31.10.23 £ 69,699 31.10.23 £ 69,699 |
|---|---|
Page 9
continued...
Masjid Al - Humera
Notes to the Financial Statements - continued
for the Year Ended 31 October 2024
| 9. MOVEMENT IN FUNDS Net At movement 1.11.23 in funds £ £ Unrestricted funds General fund 802,661 (18,339) TOTAL FUNDS 802,661 (18,339) Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 133,661 (152,000) TOTAL FUNDS 133,661 (152,000) Comparatives for movement in funds Net At movement 1.11.22 in funds £ £ Unrestricted funds General fund 633,228 169,433 TOTAL FUNDS 633,228 169,433 Comparative net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 265,928 (96,495) TOTAL FUNDS 265,928 (96,495) |
At 31.10.24 £ 784,322 784,322 Movement in funds £ (18,339) (18,339) At 31.10.23 £ 802,661 802,661 Movement in funds £ 169,433 169,433 |
|---|---|
Page 10
continued...
Masjid Al - Humera
Notes to the Financial Statements - continued for the Year Ended 31 October 2024
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.11.22 £ 633,228 633,228 |
Net movement in funds £ 151,094 151,094 |
At 31.10.24 £ 784,322 784,322 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 399,589 399,589 |
Resources expended £ (248,495) (248,495) |
Movement in funds £ 151,094 151,094 |
|---|---|---|---|
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 October 2024.
Page 11
Masjid Al - Humera
Detailed Statement of Financial Activities for the Year Ended 31 October 2024
| Detailed Statement of Financial Activities for the Year Ended 31 October 2024 |
||
|---|---|---|
| 31.10.24 | 31.10.23 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 116,191 | 247,838 |
| Tuition fees | 3,265 | 4,045 |
| Friday collection | 13,355 | 13,545 |
| Other income | 850 | 500 |
| 133,661 | 265,928 | |
| Total incoming resources | 133,661 | 265,928 |
| EXPENDITURE | ||
| Support costs | ||
| Finance | ||
| Bank charges | - | 48 |
| Administrative expenses | ||
| Wages | 6,000 | 6,000 |
| Insurance | 1,437 | 1,384 |
| Light and heat | 4,990 | 2,101 |
| Telephone | 575 | 360 |
| Postage and stationery | 580 | 709 |
| Staff entertaining | 3,172 | 7,772 |
| Travel & subsistence | 19 | - |
| Repairs & maintenance | 1,394 | 435 |
| Event expenses | 16,700 | 2,350 |
| Lecturer fees | 1,200 | 800 |
| Charitable donation | 1,000 | 2,160 |
| Supply teachers | 102,065 | 68,917 |
| Card machine charges | 329 | 359 |
| Council tax | 4,800 | - |
| Professional fee | 6,095 | 1,600 |
| Legal fees | 144 | - |
| 150,500 | 94,947 |
This page does not form part of the statutory financial statements
Page 12
Masjid Al - Humera
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 October 2024 | ||
| 31.10.24 | 31.10.23 | |
| £ | £ | |
| Administrative expenses | ||
| Governance costs | ||
| Accountancy and legal fees | 1,500 | 1,500 |
| Total resources expended | 152,000 | 96,495 |
| Net (expenditure)/income | (18,339) | 169,433 |
This page does not form part of the statutory financial statements
Page 13
REGISTERED COMPANY NUMBER: 08715533 (England and Wales) REGISTERED CHARITY NUMBER: 1168594 Re ort of the Trustees and Unaudited Financial tatements for the Year Ended 31 October 2024 for Mas'ld Al - Humera AE511KUO 2610612025 COMPANIES HOUSE A13
311
Mas id Al - Humera Contents of the Financial Statements for the Year Ended 31 October 2024 Page Reference and Administrative Details Report of the Trustees Indepéndent Examinerfs Report Statement of Financial Actlvities Statement of Financial Position Notes to the Financial Statements 7 to 11 Detailed Statement of Financial Activities 12 to 13
Mas id Al - Humera Reference and Administrative Details for the Year Ended 31 October 2024 TRUSTEES Mr Murtaza Khan (Chair) Mrs Zaineb Rafique (Trustee) REGISTERED OFFICE 183 Green Street London E7 8LL REGISTERED COMPANY NUMBER 08715533 (England and Wales) REGISTERED CHARITY NUMBER 1168594 INDEPENDENT EXAMINER Quilfords Limited Chartered Certified Accountants 113 Romford Road London E15 4LY Page 1
Mas'id Al - Humera Re ort of the Trustees for the Year Ended 31 October 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 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) (effeth've 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims To further the Islamic faith by providing for the erection and maintenance in LondonEssex of a fitting mosque to be used by Muslim of LondonlEssex and from any other part of the country for worship according to the religion of Islam. To advance the education of the public in particular but not exclusively in the Muslim community of LondonlEssex. To provide or assist in the provision of facilitates in the interest of social welfare for recreation or other leisure tirne occupation for individuals primarily within (though not exclusively) the Muslim community who have need of such facilities by reason of their youth, age, infirmity or disability and financial circumstances with the object of improving their condition of life. FINANCIAL REVIEW Funds in deficit The charity received income totalling £133,661 (2023.. £265,928) After payments of outgoing expenses totslling £152,000 (2023: £96,495), the charity was left with a deficit of £18,339 (2023.. surplus of £169,433) for the year. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goveming document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Approved by order of the board of trustees on 20 June 2025 and signed on its behalf by: Mr Murtaza Khan - Chair Page 2
Inde Mas endent Examinerfs Re id Al - Humera ort to the Trustees of Independent examinerfs report to the trustees of Masjid Al - Humera ('the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2024. Responsibilities and basis of report As the charity'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 requirements 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 charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination l. have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Independent examinetrs statement 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: accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act" or the accounts do not accord with those records; or the accounts 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 as part of an independent examination., or 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 concems 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. Askir Ali Quilfords Limited Chartered Certified Accountants 113 Romford Road London E15 4LY Date: ........... 41061aogr' Page 3
Mas'id Al - Humera Statement of Financial Activities for the Year Ended 31 October 2024 31.10.24 Unrestricted fund 31.10.23 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 133 661 265 928 EXPENDITURE ON Raising funds 152,000 96,495 NET INCOMEI(EXPENDITURE) (18,339) 169,433 RECONCILIATION OF FUNDS Total funds brought forward 802,661 633,228 TOTAL FUNDS CARRIED FORWARD 784,322 802,661 The notes fonn part of these financial staternents Page 4
id Al - Humera Statement of Financial Posi 31 October 2024 31.10.24 Total funds 31.10.23 Total funds Notes FIXED ASSETS Tangible assets 758,360 758,360 CURRENT ASSETS Cash at bank 95,749 114,000 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 854,109 872,360 CREDITORS Amounts falling due after more than one year (69,787) (69,699) NET ASSETS 784 322 FUNDS Unrestricted funds 784,322 802,661 TOTAL FUNDS 802,661 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024. The members have not requlred the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes fonn part of these financial statements Page 5 continued...
Mas'id Al - Humera Statement of Financial Position - continued 31 October 2024 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 19 March 2025 and were signed on its behalf by: Mr Murtaza Khan - Chair The notes fonn part of these financial statements Page 8
Mas id Al - Humera Notes to the Financial Statements for the Year Ended 31 October 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Stsndard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 21X)6. The financial statements have been prepared under the historical cost convention, Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to thal expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Vbthere costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and pury)ose of each fund is included in the notes to the financial statements. Page 7 continued...
Mas id Al - Humera Notes to the Financial Statements - continued for the Year Ended 31 October 2024 RAISING FUNDS Raising donations and legacies 31.10.24 31.10.23 Support costs 152,000 96,495 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 October 2024 nor for the year ended 31 October 2023. Trustees. exponses There were no trustees, expenses paid for the year ended 31 October 2024 nor for the year ended 31 October 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 265,928 EXPENDITURE ON Raising funds 96,495 NET INCOME 169,433 RECONCILIATION OF FUNDS Total funds brought forward 833,228 TOTAL FUNDS CARRIED FORWARD 802,661 Page 8 continued...
Mas id Al - Humera Notes to the Financial Statements - continued for the Year Ended 31 October 2024 PRIOR YEAR ADJUSTMENT A property was donated to the charity during the financial year ended 31 st October 2020 at a market value of £600,000. HoVver, this donation was omitted from the 2020 accounts. The asset has now been included in the October 2022 accounts as a prior year adjustment. TANGIBLE FIXED ASSETS Freehold property COST At 1 November 2023 and 31 October 2024 758,360 NET BOOK VALUE At 31 October 2024 758,360 At 31 October 2023 758,360 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 31.10.24 31.10.23 Other loans (see note 8) 69,787 69,699 LOANS An analysis of the maturity of loans is given below. 31.10.24 31.10.23 Amounts falling due between two and five years: Interest free loan 89,787 69,699 Page 9 continued...
Mas'id Al - Humera Notes to the Financial Statements - continued for the Year Ended 31 October 2024 MOVEMENT IN FUNDS Net movement in funds At 1.11.23 At 31.10.24 Unrestricted funds General fund 802,661 (18,339) 784,322 TOTAL FUNDS 802,661 18 339) 784,322 Net movement in funds, induded in the above are as follows: Incoming resources Resources Movement expended in funds Unrestricted funds General fund 133,661 (152,000) (18,339) TOTAL FUNDS 133,661 152,000) 18,339) Comparatives for movement In funds Net movement in funds At 1.11.22 At 31.10.23 Unrestrlcted funds General fund 633,228 169,433 802,661 TOTAL FUNDS 633,228 169,433 Comparative net movement in funds, included in the above are as follows: Incoming resources Resources Movement expended in funds Unrestricted funds General fund 265,928 {96,495) 169,433 TOTAL FUNDS 265 928 96 495) 169,433 Page 10 continued..
Mas'id Al - Humera Notes to the Financial Statements - continued for the Year Ended 31 October 2024 MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 1.11.22 At 31.10.24 Unrestricted funds General fund 633,228 151,094 784,322 TOTAL FUNDS 633,228 151094 784,322 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows.. Incoming resources Resources Movement expended in funds Unrestricted funds General fund 399,589 (248,495) 151,094 TOTAL FUNDS 399 589 248 495) 10. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 October 2024. Page11
Mas id Al - Humera Detailed Statement of Financial Activities for the Year Ended 31 October 2024 31.10.24 31.10.23 INCOME AND ENDOWMENTS Donations and legacies Donations Tuition fees Friday collection Other income 116,191 3,285 13,355 850 247,838 4,045 13,545 500 285 928 Total incoming resources 133,661 265,928 EXPENDITURE Support costs Finance Bank charges 48 Administrative expenses Wages Insurance Light and heat Telephone Postage and stationery Staff entertaining Travel & subsistence Repairs & maintenance Event expenses Lecturer fees Charitable donation Supply teachers Card machine charges Council tax Professional fee Legal fees 6,000 1,437 4,990 575 580 3,172 19 1,394 16,700 1,200 1,000 102,065 329 4,800 6,095 144 6,000 1,384 2,101 709 7,772 435 2,350 800 2,160 68,917 359 1,600 150,500 94,947 This page does not fonn part of the statutory financial staternents Page 12
Mas'id Al - Humera Detailed Statement of Financial Activities for the Year Ended 31 October 2024 31.10.24 31.10.23 Administrative expenses Governance costs Accountancy and legal fees 1,500 Total resources expended 152 000 Net (expenditure)fincome 18 339) 169 433 This page does not fomi part of the statutory financial statements Page 13
REGISTERED COMPANY NUMBER: 08715533 (England and Wales) REGISTERED CHARITY NUMBER: 1168594
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 October 2024
for
Masjid Al - Humera
Masjid Al - Humera
Contents of the Financial Statements for the Year Ended 31 October 2024
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 to 6 |
| Notes to the Financial Statements | 7 to 11 |
| Detailed Statement of Financial Activities | 12 to 13 |
Masjid Al - Humera
Reference and Administrative Details for the Year Ended 31 October 2024
| TRUSTEES | Mr Murtaza Khan (Chair) |
|---|---|
| Mrs Zaineb Rafique (Trustee) | |
| REGISTERED OFFICE | 183 Green Street |
| London | |
| E7 8LL | |
| REGISTERED COMPANY | 08715533 (England and Wales) |
| NUMBER | |
| REGISTERED CHARITY | 1168594 |
| NUMBER | |
| INDEPENDENT EXAMINER | Quilfords Limited |
| Chartered Certified Accountants | |
| 113 Romford Road | |
| London | |
| E15 4LY |
Page 1
Masjid Al - Humera
Report of the Trustees for the Year Ended 31 October 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To further the Islamic faith by providing for the erection and maintenance in London/Essex of a fitting mosque to be used by Muslim of London/Essex and from any other part of the country for worship according to the religion of Islam.
To advance the education of the public in particular but not exclusively in the Muslim community of London/Essex.
To provide or assist in the provision of facilitates in the interest of social welfare for recreation or other leisure time occupation for individuals primarily within (though not exclusively) the Muslim community who have need of such facilities by reason of their youth, age, infirmity or disability and financial circumstances with the object of improving their condition of life.
FINANCIAL REVIEW
Funds in deficit
The charity received income totalling £133,661 (2023: £265,928) . After payments of outgoing expenses totalling £152,000 (2023: £96,495), the charity was left with a deficit of £18,339 (2023: surplus of £169,433) for the year.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Approved by order of the board of trustees on 20 June 2025 and signed on its behalf by:
Mr Murtaza Khan - Chair
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Independent Examiner's Report to the Trustees of Masjid Al - Humera
Independent examiner's report to the trustees of Masjid Al - Humera ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2024.
Responsibilities and basis of report
As the charity'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 requirements 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 charity'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(5) (b) of the 2011 Act.
Independent examiner's statement
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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts 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 as part of an independent examination; or
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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.
Askir Ali
Quilfords Limited Chartered Certified Accountants 113 Romford Road London E15 4LY
Date: .............................................
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Masjid Al - Humera
Statement of Financial Activities for the Year Ended 31 October 2024
| 31.10.24 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 133,661 EXPENDITURE ON Raising funds 2 152,000 NET INCOME/(EXPENDITURE) (18,339) RECONCILIATION OF FUNDS Total funds brought forward 802,661 TOTAL FUNDS CARRIED FORWARD 784,322 |
31.10.23 Total funds £ 265,928 96,495 169,433 633,228 802,661 |
|---|---|
The notes form part of these financial statements
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Masjid Al - Humera
Statement of Financial Position 31 October 2024
| Notes FIXED ASSETS Tangible assets 6 CURRENT ASSETS Cash at bank NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 7 NET ASSETS FUNDS 9 Unrestricted funds TOTAL FUNDS |
31.10.24 Total funds £ 758,360 95,749 95,749 854,109 (69,787) 784,322 784,322 784,322 |
31.10.23 Total funds £ 758,360 114,000 114,000 872,360 (69,699) 802,661 802,661 802,661 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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continued...
Masjid Al - Humera
Statement of Financial Position - continued
31 October 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 19 March 2025 and were signed on its behalf by:
Mr Murtaza Khan - Chair
The notes form part of these financial statements
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Masjid Al - Humera Notes to the Financial Statements for the Year Ended 31 October 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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continued...
Masjid Al - Humera
Notes to the Financial Statements - continued for the Year Ended 31 October 2024
2. RAISING FUNDS
| Raising donations and legacies Support costs |
31.10.24 £ 152,000 |
31.10.23 £ 96,495 |
|---|---|---|
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 October 2024 nor for the year ended 31 October 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 October 2024 nor for the year ended 31 October 2023.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 265,928 |
| EXPENDITURE ON | |
| Raising funds | 96,495 |
| NET INCOME | 169,433 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 633,228 |
| TOTAL FUNDS CARRIED FORWARD | 802,661 |
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continued...
Masjid Al - Humera Notes to the Financial Statements - continued for the Year Ended 31 October 2024
5. PRIOR YEAR ADJUSTMENT
A property was donated to the charity during the financial year ended 31st October 2020 at a market value of £600,000. However, this donation was omitted from the 2020 accounts.
The asset has now been included in the October 2022 accounts as a prior year adjustment.
6. TANGIBLE FIXED ASSETS
| COST At 1 November 2023 and 31 October 2024 NET BOOK VALUE At 31 October 2024 At 31 October 2023 7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 31.10.24 £ Other loans (see note 8) 69,787 8. LOANS An analysis of the maturity of loans is given below: 31.10.24 £ Amounts falling due between two and five years: Interest free loan 69,787 |
Freehold property £ 758,360 758,360 758,360 31.10.23 £ 69,699 31.10.23 £ 69,699 |
|---|---|
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continued...
Masjid Al - Humera
Notes to the Financial Statements - continued
for the Year Ended 31 October 2024
| 9. MOVEMENT IN FUNDS Net At movement 1.11.23 in funds £ £ Unrestricted funds General fund 802,661 (18,339) TOTAL FUNDS 802,661 (18,339) Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 133,661 (152,000) TOTAL FUNDS 133,661 (152,000) Comparatives for movement in funds Net At movement 1.11.22 in funds £ £ Unrestricted funds General fund 633,228 169,433 TOTAL FUNDS 633,228 169,433 Comparative net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 265,928 (96,495) TOTAL FUNDS 265,928 (96,495) |
At 31.10.24 £ 784,322 784,322 Movement in funds £ (18,339) (18,339) At 31.10.23 £ 802,661 802,661 Movement in funds £ 169,433 169,433 |
|---|---|
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continued...
Masjid Al - Humera
Notes to the Financial Statements - continued for the Year Ended 31 October 2024
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.11.22 £ 633,228 633,228 |
Net movement in funds £ 151,094 151,094 |
At 31.10.24 £ 784,322 784,322 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 399,589 399,589 |
Resources expended £ (248,495) (248,495) |
Movement in funds £ 151,094 151,094 |
|---|---|---|---|
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 October 2024.
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Masjid Al - Humera
Detailed Statement of Financial Activities for the Year Ended 31 October 2024
| Detailed Statement of Financial Activities for the Year Ended 31 October 2024 |
||
|---|---|---|
| 31.10.24 | 31.10.23 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 116,191 | 247,838 |
| Tuition fees | 3,265 | 4,045 |
| Friday collection | 13,355 | 13,545 |
| Other income | 850 | 500 |
| 133,661 | 265,928 | |
| Total incoming resources | 133,661 | 265,928 |
| EXPENDITURE | ||
| Support costs | ||
| Finance | ||
| Bank charges | - | 48 |
| Administrative expenses | ||
| Wages | 6,000 | 6,000 |
| Insurance | 1,437 | 1,384 |
| Light and heat | 4,990 | 2,101 |
| Telephone | 575 | 360 |
| Postage and stationery | 580 | 709 |
| Staff entertaining | 3,172 | 7,772 |
| Travel & subsistence | 19 | - |
| Repairs & maintenance | 1,394 | 435 |
| Event expenses | 16,700 | 2,350 |
| Lecturer fees | 1,200 | 800 |
| Charitable donation | 1,000 | 2,160 |
| Supply teachers | 102,065 | 68,917 |
| Card machine charges | 329 | 359 |
| Council tax | 4,800 | - |
| Professional fee | 6,095 | 1,600 |
| Legal fees | 144 | - |
| 150,500 | 94,947 |
This page does not form part of the statutory financial statements
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Masjid Al - Humera
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 October 2024 | ||
| 31.10.24 | 31.10.23 | |
| £ | £ | |
| Administrative expenses | ||
| Governance costs | ||
| Accountancy and legal fees | 1,500 | 1,500 |
| Total resources expended | 152,000 | 96,495 |
| Net (expenditure)/income | (18,339) | 169,433 |
This page does not form part of the statutory financial statements
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