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2025-12-31-accounts

RegisteredcharityNo:1170675 (England &Wales)
CIOnumber:CE009331
PrincipalOffice17CliftonRoad
BalsallHeath
Birmingham
B128SX
Trustees:Dr.MKhoja President
Dr.MJanrnohamed Vicepresident
Sis.IRamji SecretaryGeneral(Appointed07/07/2025)
Br.HJailer DeputySecretaryGeneral
Br.MARailey Treasurer
Br.Esmail ExecutiveCommitteeMember
Br.HBandali ExecutiveCommitteeMember
Sis.FMa4i ExecutiveCommitteeMember
Dr.RHamer ExecutiveCommitteeMember
Br,SHassam ExecutiveCommitteeMember
Br.MVirani ExecutiveCommitteeMember
Br.AIsmail ChairEducationBoard
Dr.RAlidina ChairBuildingCommittee
Sis.HKhimji Chairlady
Sis.FBandali Ladies HonorarySecretary
BrHAsaria Resigned07/07/2025
BrHElias Resigned24/10/2025
Auditors:BrianPaulLimited
CharteredAccountants&StatutoryAuditors
159AChaseSide
Entield
Middlesex
EN2OPW
Bankers:BarclaysBank
LloydsBank
HabibBank
UnityTrustBank
CharityBank

UnrestrictedRestricted UnrestrictedRestricted
NotesFunds FundsTotalFundsTotalFunds
2025202520252024
£ £ £ £
Incomeandendowments
Donationsandlegacies 4458,632 1,592,2542,050,666 2,991,561
Charitableactivities 4406,756 406,756 359,101
Othertradingactivities 5128,502 13,807142,309 197,027
Investmentincome 5435,070 435,070 478,312
Totalincome 1,428,960 1,606,0613,035,021 4,026,021
Expenditure
Expenditureoncharitableactivities 6,7(1,157,147) (523,055) (1,680,202) (2,205,690)
Otherexpenditure 8(367,038) - (387,035) -
Totalexpenditure (1,544,186) (523,055) (2,067,240) (2,206,690)
Revaluationofinvestmentproperties - - - (1,000,640)
Netincome /(expenditure) (115,225) 1,083,006 967,181 819,691
Transfersbetweenfunds 762,840 (762,840) - -
Otherrecognisedgainsandlosses
Revaluationoftangibleassets
Netmovementinfunds 647,615320,166967,781(1,709,451)
Reconciliation offunds
Fund balances at1January2025 21 11,568,241 1,147,289 13,315,530 15,024,981
Fund balances at31December2025 21 12,215,856 2,067,455 14,283,311 13,315,530

20252024 20252024
Notes££ £ £
Fixedassets
Tangibleassets 12 8498630 7,799,019
Investmentproperty 14 6014,342 5,837,380
-14,512,972- 13,636.379
Currentassets
Debtors 15 534,171 607,866
Cashatbankandinhand 16 2,298,501 2,156,908
2832,672 2,766,773
CREDITORSamountsfallingduewithin
oneyear 17 (401,271) (449,170)
Netcurrentassets 2,431,401 2,317,603
TotalassetslesscurrentBabilities 16,944,373 15,953,982
CREDITORS;amountsfallingduewithin
afteroneyear
18 (2,661,062) (2,638,452)
Netassets 14,283,311 13,315,530
Funds
Restrictedfunds 21 2,067455 1,747,289
Unrestrictedfunds
Designatedfunds 20 8,955,482 8,376,901
Generalunrestrictedfunds 20 3,137,028 3,067,994
Revaluationreserve 20123,346 123,346
12,215,856 11,568,241
Totalcharityfunds14,283,311 13,315,530

2025 2024
£ £
Cashflowsfromoperatingactivities
Netincomefortheyear 967,781 819,691
Adjustmentsfor:
Dividends,interest andrents frominvestments (435,070) (476,312)
Fairvaluelossesl(gains)oninvestmentproperties 1000640
Depreciation 63,729 301301
(Increase)/decreaseindebtors 73,694 (3,758)
lncrease/(decrease)increditors (47,899) (28,184)
Netcashfromoperatingactivities 622,235 1,611,378
Cashflowskominvestingactivities
Dividends,interestandrentsreceivedfrominvestments 435,070 478,312
Investmentadditions (940,322) (1,884,327)
NetCash(usedIn)Investingactivities (505,252) (1,406,015)
Cashflowsfromfinancingactivities
Repaymentofbankloans 22,610 (42,066)
22,610 (42066)
Changein cashandcashequivalentsIntheyear 139,593 163,297
Gashand cashequivalentsatthebeginningof theyear 2,158,908 1,995,611
Cash andcashequivalentsatendofyear 2,298,501 2,158,906

The aggregateassets,liabilitiesan dresultsfortheyearofthesubsidiaries wereasfollows:
Khoja Shialthna-AsheriMuslim KhojaShialthna-AsheriMuslim
Community(Baquir)Limited Community(Jaafery)Limited
20252024 20252024
££ ££
Totalincome 702,797680,827 133,267128,296
Totalexpenditure (571,221)(549,693) (132,357)(130,777)
Netgainsoninvestments -,UUU,Q'4U)--
Net(expenditure)Jincome 131576(869,506)910(2481)
Assets 6,692,3356,460,021145,406169,919
Liabilities
Capitalandreserves

20252024
££
Income 2,268,9573,291,898
Expenditureoncharitableactivities (1,433,662)(1,600,220)
Net(expenditure)/incomeandnetmovementinfunds 835,2951,691,678
Revaluationoftangiblefixedassets -(2,529,142)
Totalfundsbroughtforward 10,480,69911,316,163
Totalfundscarriedforward 11,315,99410,480,699

Donationsandlegacies
Unrestricted Restricted Totalfunds Totalfunds
Consolidated funds funds 2025 2024
£ £ £ £
Donations andgifts
Burialcontributions 54485 - 54485 25955
Generaldonations 209937 - 209,937 118,837
Giftaid 19256 - 19,256 108,105
Niyaz 77,829 - 77829 52591
Subscriptions 97125 - 97,125 95,698
Restricteddonations(note20) - 1592,254 1,592,254 2,590,395
458.632 1,592,254 2,050,886 2,991,581
UnrestrictedRestricted Totalfunds Totalfunds
Charitableactivities fundsfunds 2025 2024
££ £ £
Donations
Seculareducationfees 96,648- 96,648 77,327
Madressafees 70,505- 70,505 64990
Nurseryfees 181,863- 181,883 157,678
Burialfundincome 57.740- 57,740 59,108
406,756- 406,756 359,101

Othertradingactivities
UnrestrictedRestrictedTotalfundsTotalfunds
funds funds20252024
£££
Advertising 2,430 -2,430
3,510
HallsandMajlis 17,526 -17,526
22,113
Seniorcitizens activities(note20) - 13,80713,807
26,686
Subcommiftees 108,546 -108,546
144,716
128,502 13,807142,309
197,027
InvestmentincomeUnrestrictedTotalfundsUnrestrictedTotalfunds InvestmentincomeUnrestrictedTotalfundsUnrestrictedTotalfunds
funds2025funds2024
£ £££
Rentalincome401,180 401,180
433,933
433,933
Interestreceivable33,890 33,890
44,379
44,379
435,070 435,070
478,312
478,312

Expenditureon charitableactivitie s-Consolidated
Unrestricted
Funds
Restricted
Funds
Total
2025
Total2024
£ £ £ £
Charitableactivities(Note20) 344784 523055 867839 854360
Depreciationandimpairment 61284 - 61,284 294,334
Staffcosts 149,816 - 149,816 308,534
Burialcosts 37,986 - 37,986 33,963
Shareof governancecost 5000 - 5,000 16,927
Costofraisingfunds 246,640 - 246,540 367,124
Supportcosts(Note7) 311,737 - 311,737 330448
1,157,147 523,055 1,680,202 2,205,690

Expenditureoncharitableactivities-Supportcos
Charity
ts
2025 2024
£ £
Premisescosts 130,860 93,043
Insurance 42,520 21,251
Legalandprofessionalfees 3,278 13,759
Officeexpenses 28,530 41,178
Subcommitteeexpenses 93,742 137,702
Bankandcardcharges 12,807 4,018
Seculareducationcosts - 12,368
Bad anddoubtfuldebts - 7,129
311,737 330,448

Otherexpenditure
UnrestrictedRestrictedTotalFunds2025
FundsFunds
£££
Seculareducation 83,607- 83,607
Madressa 82,448- 82,448
Nursery 118765- 118,765
Supportcosts 39,861- 39,861
Administrative costs(Jaafery) 62,357- 62,357
387,038- 387,038

Previousyear
UnrestrictedRestricted
FundsFunds
TotalFunds2024
££ £
Seculareducation 49,808- 49,808
Madressa 50,711- 50,711
Nursery 119,331- 119,331
Supportcosts 18495.- 16,495
Administrativecosts(Jaafery) 55,777- 55,777
294,122- 294,122

Freeholdland Assetsunder Fixtures,
fittingsand
Total
andbuildings construction equipment MotorVehicles BurialLand
£ £ 2 £ £ £
Cost
At1January2025 1,600,000 6,014,750 465,081 55515 386,218 8,523,624
Additions
Revaluationofinvestment
- 762,840 500 - - 763,340
properlies
At31December2025 1,600,000 6,777,690 465,581 55,575 388,218 9,286,964
Depreciation
At1January2025-- 458,25227,866238,487724,605
Chargefortheyear22,000-2,3539,23629,64063,729
At31December202522,000- 461,10537,102268,127788,334
Carryingamount
At31December20251,578,0006,777,5904,47618,473120,091 6,498,630
At31December20241,600,0002,830,3716,82927,709149,731 7,799,019
Tangiblefixedassets
Charity
Freeholdland
andbuildings
Assetsunder
construction
Fixtures,
fittingsand
equipment
MotorVehicles BurialLand Total
£ £ £ £ £ £
Cost
At1January2025 1,600,000 6,014,750 310,587 55,575 388,218 8,369,130
Additions - 762,840 - - - 762,840
Revaluation -
At31December2025 1,600,000 6,777,590 310,587 55,575 388,218 9,131,970
Depreciation
At1January2025-- 309,77127,866238,457576,124
Chargefortheyear22,000-4089,23629,64051,284
At31December202522,000- 310,17937,102268,127837,408
Carryingamount
At31December20251,578,0006,777,59040818,473120,091 8,494,562
At 31December20241,600,0006,014,75081627,709149,731 7,793,006

Investmentproperty
KSIMCBaquirConsolidated
££
AtiJanuaw2O25 5,837,3605,837,360
Additions 176,982176,982
At31December2025 6,014,3426,014,342
At31December2024 5,837,3605,837,360

15.Debtors
Consolidated 20252024
££
Tradedebtors 146,486164,145
Otherdebtors 316,593405,479
Prepaymentsandaccruedincome 71,09238,241
534,171607,865

Charity
Amountsfallingduewithinoneyear 2025 2024
£ £
Tradedebtors 80,338 56,367
Amountowedbyfellowgroupundertakings 891,697 868,209
Otherdebtors 309,102 369,565
Prepayments andaccruedincome 71,092 38,241
1,352,229 1,332,382
Amountsfallingdueafteroneyear
Amountduefromfellowgroupundertakings 753,000753,000

Consolidated 2025 2024
£ £
Cashinhand-currentaccountsanddepositaccounts 2298,501 2,158,908
2,298,501 2,158,908
Charity 2025 2024
£ £
Cashinhand-currentaccounts anddepositaccounts 1,70P,748 1,708,591
1,708,746 1,708,591
CredItors: amountsfallingduewithinoneyear
Consolidated 2025 2024
£ £
Bankloanssecured 58,038 42,000
Tradecreditors 56,083 106,518
Socialsecurityandothertaxes 1,993 -
Othercreditors 85,049 55,729
Accruals anddeferredincome 200,109 244,923
401,272 449,170
Char!4, 2025 2024
£ £
Tradecreditors 26,514 100,930
Amountowedtosubsidiaryundertakings 1,615 9,383
Socialsecurityand othertaxes 1,993 -
Othercreditors 14,442 17,092
Accrualsanddeferredincome 194,981 225,875
239,545 353,280
Loansandoverdratts 2025 2024
£ £
Otherloanspayableafteroneyear 90,000 -
Bankloans(secured)payableafteroneyear 2,571,062 2,680452

Operating leases(Baquir)
20252024
££
Notlaterthan1year 2,000-
Laterthan1yearandnotlaterthan5years 8000
Laterthan 5years
10,000-

RestrictedFunds
AtIJan Income Expenditure Transfers RevaluationAt31IDec2025
2Q25 gain!(loss)
E £ £ £ ££
AIC 1,397391 1,191,238 - (762,840) -1,825,769
KhumsSehmeimarn&SehnieSadat-
AyatSistani 134,547 229,645 (252,079) - -112,113
Sadka 16,002 44,638 (58,859) - -1,771
Seniors 24,844 13,807 (10,612) - -28,039
Others 174,505 126,733 (201,495) 99,743
Total RestrictedFunds 1,747,289 1,606,061 (523,055) (762,840) -2,067,455

Analysisofmovementinfund s-Charity(contd..)
Consolidated
Unrestrictedfunds
At'IJan
2025
Income Expenditure Transfers Revaluation
galni{Ioss)
At31Dcc2025
£ £ £ £ £ £
Generalfunds 3,067,994 1,316.735 1.247,701 - - 3,137,028
Revaluationreserve 123,346 - - - - 123,346
Equipmentfund 17,720 - - - - 17,720
BurialFund 781,135 112,225 61.820 . - 831,540
Buildingfund 7,578,046 - 234,664 762,840 - 8,106,222
11,568,241 1,428,960 1,544,185 752,840 - 12,215,856
Consolidated At1Jan Income Expenditure Transfers Revaluation At31Dec2024
Unrestrictedfunds 2024 gainluoss)
£ £ E £ £ £
Generalfunds 4,163,384 1,323,880 (1,418,630) - (1,000,640) 3,067,994
Revaluationreserve 2,819,306 . (166,818) . (2,529,142) 123,346
Equipmentfund 17.720 - - - - 17,720
BurialFund 749,915 85,060 (53,840) - - 781,135
Buildingfund 5,733,409 - - 1,6-44,637 . 7,578,046
13,483,734 1,408,940 (1,639,288) 1,844,637 (3,629,782) 11,568,241

Consolidated
Restrictedfunds At1Jan2025 Income Expenditure Transfers Revaluation
gain/(loss)
At31Dec
2025
£ £ £ £ £ £
AIC
KhumsSehnieIrnam&Sehme
1,397,391 1,191,238 - (762,840) - 1,825,789
Sadat-AyatSistani 134,547 229,645 (252,079) - - 112,113
Sadka 16.002 44,638 (58,889) - - 1,771
Seniors 24844 13,807 (10,612) - - 28,039
Others 174,505 126,733 (201.495) - - 99,743
1.747,289 1,606,061 (523,055) (762,840) - 2,067,455
Consolidated
Restrictedfunds
At1Jan2024 Income Expenditure Transfers Revaluation
gaIn/floss)
At31Dec
2024
£ £ £ £ £ £
AICProject
KhumsSehmeIniam&Sehme
1,188,506 2,053,522 - (1,844,837) - 1,397,391
Sadat-AyatSislani 192,688 350,350 (408,491) - -134,547
Sadka 24,054 18,545 (26,597) - -16,002
Seniors 8,330 26,686 (10,172) - -24,844
Others 127,669 167,978 (121,142) - -174,505
1,541,247 2,617,061 (566,402)(1,844,637) - 1,747,289
Charity
Unrestrictedfunds At1Jan2025 Income .
Expenditure
Transfers Revaluation
gainfOoss)
At31Dec
2025
Designatedfunds £ £ £ £ £ £
Equipnientfund 17,720 - - - - 17,720
Burialfund 781,135 112,225 (61,820) - - 831,540
Buildingfund 7,578,046 (234,664) 762,840 - 8,106,222
Sub-total designatedfunds 8,376,901 112,225 (296,484) 762,840 - 8,955,482
Generalfunds 233,163 550,671 (614,123) - - 169,711
Revaluationreserve 123,346 - - - - 123,346
8,733,410 662,896 (910,607) 762,840 - 9,248,539
Charity
Unrestrictedfunds
Designatedfunds
At1Jan2024
£
Income
£
.
Expenditure
£
Transfers
£
Revaluation
gain/floss)
£
At31Dec
2024
£
Equipmentfund
Burialfund
17,720
749,915
-
85,060
-
(53,840)
-
-
-
-
17,720
781,135
Buildingfund
Sub-iota!designatedfunds
Generalfunds
5,733,409
6,501,044
456,566
-
85,060
589,757
.
(53,840)
(813,160)
1,844,637
1,844,637
-
-
-
-
7,578,046
8,376,901
233,183
Revaluationreserve 2,819,308 - (166,818) . (2,529,142) 123,346
9,776,916 674,817 (1,033,818) 1,644,637 (2,529,142) 8,733,410

Analysisofnetassetsbetween
funds
Unrestricted ResfrictedTotalFunds
Funds Funds2025
£ £ £
Tangiblefixedassets 8,498,630 8,498,630
Investmentproperfies 6,014,342 6,014,342
CurrentassetslOiabilities) 363,946 2,067,455 2,431,401
Longtermliabilities (2,661062) (2,661,062)
Netasset 12,215,8562,067,455 14,283,311
Unrestricted Restricted
TotalFunds
Funds Funds 2024
£ £ £
Tangiblefixedassets 7,799.019 7,799,019
Investmentproperties 5,837.360 5,837,360
Currentassetsi(liabilffies) 570,314 1,747,289 2,317,603
Longtermliabilities (2,638,452) (2,638,452)
Netassets 11,568,241 1,747,289 13,315,530