RAZA JAMIA MASJID AND ISLAMIC CENTRE
Report of the trustees for the year ending 31 December 2021
(Registered Charity Number 1171018)
The Trustees present their annual report together with the financial statements of Raza Jamia Masjid and Islamic Centre for the year ended 31 December 2021. The financial statements comply with Charities Act 2011 and 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 2015).
STRUCTURE, GOVERNANCE AND MANAGEMENT
a. CONSTITUTION
The charity was setup by a constitution on 6[th] April 2017 and is a registered charity (Number 1171018).
b. APPOINTMENT OF TRUSTEES
The first trustees were the founding members of the charity. In future they will be elected by way of a special meeting and by way of a vote as per the constitution.
In selecting persons to be appointed as trustees, the Trustees shall take into account the benefits of appointing a person who is able by virtue of his or her personal or professional qualifications to make a contribution to the objects or the managements of the Charity.
The Trustees are appointed every 4 years.
We had an Annual General Meeting on the 19[th] December 2021, where the current Trustees resigned and new elections were taken for new Trustees.
Mr Purves Ali resigned as a Trustee and did not want to run for reelection.
Trustees appointed after voting were as follows:
-
Zahoor Ahmed: - Jawaid Khan: - Nazir Hussain:
-
Khizer Mehrban
-
-Amjid Ali: Chairman
All changes were made on the charities commission website on the 5[th] January 2022.
c. ORGANISATIONAL STRUCTURE AND DECISION MAKING
The Board of Trustees provide continuous direction and support to the Charity and its staff with the assistance of the Executive Committee.
d. RISK MANAGEMENT
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operation and finance, and are satisfied that systems and procedures are in place to mitigate our exposures to major risk.
e. USE OF VOLUNTEERS
We use a number of volunteers throughout the year to help in both faith and community activities. The volunteers are mainly the mosque members, who are encouraged to share their skills and experiences where required. Together with the volunteers, the mosque trustees also give their time freely.
AIMS AND OBJECTIVES
a. POLICIES AND OBJECTIVES
-
The advancement of the Islamic religion in accordance with the Sunni-Hanfi school of thought. * The advancement of the education of Muslim children and adults.
-
To promote throughout the community in the beneficial area, knowledge and understanding of the beliefs and institutions of Islam.
b. HOW OUR ACTIVITIES DELIVER PUBLIC BENEFIT
The charity carries out a wide range of activities in pursuance of its charitable aims. The trustees consider that these activities, summarised below, provide benefits to those who worship at the mosque and the wider community of Accrington.
-
Prayers: The Mosque is open all day for daily and Friday prayers. During the week we have many people who regularly attend daily prayers and over 500 who regularly attend Friday prayers. The mosque is open 24 hours a day, 365 days a year.
-
Festivals: The Mosque provides food during Ramadan for those attending our Mosque who wish to break their fast together.
-
Funeral Facilities: The Mosque provides a complete funeral service in line with the teachings of Islam. We relieve the deceased’s
bereaved relatives of the burden of organising burials. The mosque has state of the art facilities and has its own hearse.
-
Nikkah (Islamic Marriage): The Mosque provides a Nikkah Service (Islamic marriage) to the whole community.
-
Community events: these are for the benefit of the wider community, such as talks, conferences and meetings.
-
Community Centre: The centre is for the use of the wider community for any event which does not contradict the teachings of Islam and the Community Centre is available for use free of charge (subject to payment of expenses / disbursements).
-
Madrasah – we allow the use of facilities by another charity whose aim is to provide religious education to children between the ages of 5 and 16.
ACHIEVEMENTS AND PERFORMANCE
a. REVIEW OF ACTIVITIES / LOCK DOWN / CORONAVIRUS
Raza Jamia Masjid and Islamic Centre have throughout the year helped the advancement in Islamic knowledge for youths and adults in the local area and helped anybody wishing to learn about Islam.
We have also provided resources to the community through books and general one to one advice and held open days as well many events on a monthly basis whereby talks were given by guest speakers.
Throughout the year we have been raising funds for the upkeep of the mosque and we raised finances through public appeal to purchase a private ambulance.
During the year the trustees and mosque committee have had a number of meetings to ensure that adequate financial controls are being followed by all members involved on a daily basis, with adequate procedures and rules.
FINANCIAL REVIEW
a. RESERVES POLICY
The free reserves are held to secure the long-term financial security of the charity.
The trustees consider that this level of reserves is required to enable the charity to fulfil its obligations and commitments. The aim of the Charity is to have enough reserves to upkeep the expenses for a year.
b. PRINCIPAL INCOME
The principal income is donations.
PLANS FOR THE FUTURE
a. FUTURE DEVELOPMENTS
We hope to increase donations to be able to have more capital reserve in order to increase more footfall at the Mosque by having more events at the premises.
We will maintain the membership fee at £40 per person as increases are not viable in the current financial climate.
Signed on Behalf of the trustees on 10/05/2022:
Amjid Ali
………………………… Mr Amjid Ali (Trustee)
Charity registration number: 1171018
Raza Jamia Masjid and Islamic Centre
Annual Report and Financial Statements for the Year Ended 31 December 2021
Butterworth Barlow Limited Butterworth Barlow House 10 Derby Street Prescot Merseyside L34 3LG AYA Accountants 82 Blackburn Road Accrington Lancashire BB5 1LL
Raza Jamia Masjid and Islamic Centre
Contents
| Contents | |
|---|---|
| Reference and Administrative Details | 1 |
| Statement of Trustees' Responsibilities | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 14 |
Raza Jamia Masjid and Islamic Centre
Reference and Administrative Details
Chairman
Mr Amjid Ali Trustees
Mr Amjid Ali Mr Purves Ali Dr Jawaid Khan Mr Muhammad Aslam Mr Nazir Hussain Secretary
Mr Purves Ali
Charity Registration Number
1171018
Principal Office
39-41 Lower Antley Street Accrington Lancashire BB5 0BA
Auditor
Butterworth Barlow Limited Butterworth Barlow House 10 Derby Street Prescot Merseyside L34 3LG
Accountants
AYA Accountants 82 Blackburn Road Accrington Lancashire BB5 1LL
Bankers
Barclays Leicester LE87 2BB
Page 1
Raza Jamia Masjid and Islamic Centre
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities 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 of the charity for that period. 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 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 business.
The trustees are responsible for keeping proper 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, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees 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.
Approved by the trustees of the charity on 11 February 2022 and signed on its behalf by:
......................................... Mr Amjid Ali Chairman and trustee
Page 2
Raza Jamia Masjid and Islamic Centre
Independent Examiner's Report to the trustees of Raza Jamia Masjid and Islamic Centre
I report to the trustees on my examination of the accounts of Raza Jamia Masjid and Islamic Centre for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees of Raza Jamia Masjid and Islamic Centre 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 Raza Jamia Masjid and Islamic Centre's accounts carried out under section 145 of the 2011 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 Raza Jamia Masjid and Islamic Centre's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of Raza Jamia Masjid and Islamic Centre as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
...................................... Gavin Butterworth ICAEW
Butterworth Barlow House 10 Derby Street Prescot Merseyside L34 3LG
11 February 2022
Page 3
Raza Jamia Masjid and Islamic Centre
Statement of Financial Activities for the Year Ended 31 December 2021
| Unrestricted Total |
|
|---|---|
| funds Restricted funds 2021 |
|
| Note | £ £ £ |
| Income and Endowments from: | |
| Donations and legacies | 317,527 - 317,527 |
| Charitable activities | 7,490 51,844 59,334 |
| Investment income 4 |
403 - 403 |
| Total income | |
| 325,420 51,844 377,264 |
|
| Expenditure on: | |
| Charitable activities | (297,240) (24,435) (321,675) |
| Total expenditure | |
| (297,240) (24,435) (321,675) |
|
| Net income | |
| 28,180 27,409 55,589 |
|
| Net movement in funds | |
| 28,180 27,409 55,589 |
|
| Reconciliation of funds | |
| Total funds brought forward | |
| 8,411,535 23,477 8,435,012 |
|
| Total funds carried forward 15 |
|
| 8,439,715 50,886 8,490,601 |
|
| Unrestricted Total |
|
| funds Restricted funds 2020 |
|
| Note | £ £ £ |
| Income and Endowments from: | |
| Donations and legacies | 300,502 - 300,502 |
| Charitable activities | 4,200 27,993 32,193 |
| Investment income 4 |
269 - 269 |
| Total income | |
| 304,971 27,993 332,964 |
|
| Expenditure on: | |
| Charitable activities | (317,943) (13,555) (331,498) |
| Total expenditure | |
| (317,943) (13,555) (331,498) |
|
| Net(expenditure)/income | |
| (12,972) 14,438 1,466 |
|
| Net movement in funds | |
| (12,972) 14,438 1,466 |
|
| Reconciliation of funds | |
| Total funds brought forward | |
| 8,424,507 9,039 8,433,546 |
|
| Total funds carried forward 15 |
|
| 8,411,535 23,477 8,435,012 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 15.
The notes on pages 6 to 14 form an integral part of these financial statements. Page 4
Raza Jamia Masjid and Islamic Centre
(Registration number: 1171018) Balance Sheet as at 31 December 2021
| 2021 2020 |
|
|---|---|
| Note | £ £ |
| Fixed assets | |
| Tangible assets 11 |
8,397,111 8,381,331 |
| Current assets | |
| Cash at bank and in hand 12 |
97,755 59,501 |
| Creditors: Amounts falling due within oneyear 13 |
|
| (4,265) (5,820) |
|
| Net currentassets | |
| 93,490 53,681 |
|
| Netassets | |
| 8,490,601 8,435,012 |
|
| Funds of the charity: | |
| Restricted income funds | |
| Restricted funds | 50,886 23,477 |
| Unrestricted income funds | |
| Unrestricted funds | 8,439,715 8,411,535 |
| Total funds 15 |
|
| 8,490,601 8,435,012 |
The financial statements on pages 4 to 14 were approved by the trustees, and authorised for issue on 11 February 2022 and signed on their behalf by:
......................................... Mr Amjid Ali Chairman and trustee
The notes on pages 6 to 14 form an integral part of these financial statements. Page 5
Raza Jamia Masjid and Islamic Centre
Notes to the Financial Statements for the Year Ended 31 December 2021
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Raza Jamia Masjid and Islamic Centre meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Investment income
Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Page 6
Raza Jamia Masjid and Islamic Centre
Notes to the Financial Statements for the Year Ended 31 December 2021
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Funcional properties are not depreciated. The trustees consider that their estimated residual values will exceed cost given the long period over which they are expected to be held.
| cost given the long period over which they are expected to be held. | |
|---|---|
| Asset class | Depreciation method and rate |
| Plant and Machinery | 20% Per Annum Reducing Balance Basis |
| Office Equipment | 20% Per Annum Reducing Balance Basis |
| Fixtures and Fittings | 20% Per Annum Reducing Balance Basis |
| Motor Vehicles | 20% Per Annum Reducing Balance Basis |
Page 7
Raza Jamia Masjid and Islamic Centre
Notes to the Financial Statements for the Year Ended 31 December 2021
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
- 2 Income from donations and legacies
| 2 Income from donations and legacies |
||
|---|---|---|
| Unrestricted | ||
| funds | Total | |
| General | funds | |
| £ | £ | |
| Donations and legacies; | ||
| Donations to major appeals | 271,708 | 271,708 |
| Grants, including capital grants; | ||
| Governmentgrants | 45,819 | 45,819 |
| Total for 2021 | 317,527 | 317,527 |
| Total for 2020 | 300,502 | 300,502 |
- 3 Income from charitable activities
Page 8
Raza Jamia Masjid and Islamic Centre
Notes to the Financial Statements for the Year Ended 31 December 2021
| Unrestricted | Unrestricted | Unrestricted |
|---|---|---|
| funds Restricted Total |
||
| General funds funds |
||
| £ £ £ |
||
| Student Fees - (545) (545) |
||
| Nikkah/Wedding Income 4,720 - 4,720 |
||
| Islamic Books & Radio Income 2,770 - 2,770 |
||
| Appeals - 38,232 38,232 |
||
| Giyarween - 14,157 14,157 |
||
| Total for 2021 7,490 51,844 59,334 |
||
| Total for 2020 4,200 27,993 32,193 |
||
| 4 Investment income |
||
| Unrestricted | ||
| funds Total |
||
| General funds |
||
| £ £ |
||
| Interest receivable and similar income; | ||
| Interest receivable on bank deposits 403 403 |
||
| Total for 2021 403 403 |
||
| Total for 2020 269 269 |
| Unrestricted | |||
|---|---|---|---|
| funds | Total | ||
| General | funds | ||
| £ | £ | ||
| Interest receivable and similar income; | |||
| Interest receivable on bank deposits | 403 | 403 | |
| Total for 2021 | 403 | 403 | |
| Total for 2020 | 269 | 269 |
5 Expenditure on charitable activities
| Unrestricted | |
|---|---|
| funds Restricted Total |
|
| General funds funds |
|
| Note | £ £ £ |
| Islamic Books & Radio Income | - 500 500 |
| Governance costs | 297,240 23,935 321,175 |
| Total for 2021 | |
| 297,240 24,435 321,675 |
|
| Total for 2020 | |
| 317,943 13,555 331,498 |
Page 9
Raza Jamia Masjid and Islamic Centre
Notes to the Financial Statements for the Year Ended 31 December 2021
6
Staff costs Wages and salaries Pension costs Audit fees Audit of the financial statements Other fees paid to auditors Depreciation, amortisation and other similar costs Other governance costs Allocated support costs
Total for 2021
Total for 2020
7
Net incoming resources for the year include:
| 7 Net incoming resources for the year include: |
||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| £ | £ | |||
| Audit fees | 630 | 1,140 | ||
| Depreciation of fixed assets | 24,225 | 20,385 |
8 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
9 Staff costs
The aggregate payroll costs were as follows:
Page 10
Raza Jamia Masjid and Islamic Centre
Notes to the Financial Statements for the Year Ended 31 December 2021
| 2021 2020 |
|
|---|---|
| £ £ |
|
| Staff costs during the year were: | |
| Wages and salaries | 86,286 113,025 |
| Pension costs | 1,174 951 |
| 87,460 113,976 |
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
| during the year expressed as full time equivalents was as follows: | |
|---|---|
| 2021 2020 |
|
| No No |
|
| Employees | 9 10 |
(2020 - 1) of the above employees participated in the Defined Contribution Pension Schemes.
No employee received emoluments of more than £60,000 during the year
Page 11
Raza Jamia Masjid and Islamic Centre
Notes to the Financial Statements for the Year Ended 31 December 2021
10 Taxation
The charity is a registered charity and is therefore exempt from taxation.
11 Tangible fixed assets
| 11 Tangible fixed assets |
11 Tangible fixed assets |
|---|---|
| Land and buildings Furniture and equipment Motor vehicles Total |
|
£ £ £ £ |
|
| Cost | |
| At 1 January 2021 8,299,791 48,040 115,000 8,462,831 |
|
| Additions - 2,544 37,461 40,005 |
|
| At 31 December 2021 8,299,791 50,584 152,461 8,502,836 |
|
| Depreciation | |
| At 1 January 2021 - 25,380 56,120 81,500 |
|
| Charge for theyear - 4,957 19,268 24,225 |
|
| At 31 December 2021 - 30,337 75,388 105,725 |
|
| Net book value | |
| At 31 December 2021 8,299,791 20,247 77,073 8,397,111 |
|
| At 31 December 2020 8,299,791 22,660 58,880 8,381,331 |
|
| 12 Cash and cash equivalents |
|
| 2021 2020 |
|
| £ £ |
|
| Cash on hand | 876 13 |
| Cash at bank | 96,879 59,488 |
| 97,755 59,501 |
|
| 13 Creditors: amounts falling due within one year |
|
| 2021 2020 |
|
| £ £ |
|
| Other taxation and social security | 1,636 3,221 |
| Other creditors | (1) (1) |
| Accruals | 2,630 2,600 |
| 4,265 5,820 |
Page 12
Raza Jamia Masjid and Islamic Centre
Notes to the Financial Statements for the Year Ended 31 December 2021
14 Pension and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £1,174 (2020 - £951).
15 Funds
| 15 Funds |
|||||
|---|---|---|---|---|---|
| Balance | at 1 | Incoming | Resources | Balance at 31 | |
| January | 2021 | resources | expended | December 2021 | |
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General | 8,411,535 | 325,420 | (297,240) | 8,439,715 | |
| Restricted funds | 23,477 | 51,844 | (24,435) | 50,886 | |
| Total funds | 8,435,012 | 377,264 | (321,675) | 8,490,601 | |
| Balance | at 1 | Incoming | Resources | Balance at 31 | |
| January | 2020 | resources | expended | December 2020 | |
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General | 8,424,507 | 304,971 | (317,943) | 8,411,535 | |
| Restricted funds | 9,039 | 27,993 | (13,555) | 23,477 | |
| Total funds | 8,433,546 | 332,964 | (331,498) | 8,435,012 |
16 Analysis of net assets between funds
| 16 Analysis of net assets between funds |
|
|---|---|
| Unrestricted Total funds at 31 |
|
| funds Restricted December |
|
| General funds 2021 |
|
| £ £ £ |
|
| Tangible fixed assets | 8,397,111 - 8,397,111 |
| Current assets | 74,877 22,878 97,755 |
| Current liabilities | (4,265) - (4,265) |
| Total net assets | |
| 8,467,723 22,878 8,490,601 |
Page 13
Raza Jamia Masjid and Islamic Centre
Notes to the Financial Statements for the Year Ended 31 December 2021
| Unrestricted | Total funds at 31 |
|---|---|
| funds | Restricted December |
| General | funds 2020 |
| £ | £ £ |
| Tangible fixed assets 8,381,331 |
- 8,381,331 |
| Current assets 36,024 |
23,477 59,501 |
| Current liabilities (5,820) |
- (5,820) |
| Total net assets 8,411,535 |
|
| 23,477 8,435,012 |
|
| 17 Analysis of net funds |
|
| At 1 January At 31 December |
|
| 2021 2021 |
|
| £ £ |
|
| Cash at bank and in hand | 59,501 59,501 |
| Net debt | |
| 59,501 59,501 |
|
| At 1 January At 31 December |
|
| 2020 2020 |
|
| £ £ |
|
| Cash at bank and in hand | 37,894 37,894 |
| Net debt | |
| 37,894 37,894 |
Page 14
Raza Jamia Masjid and Islamic Centre
Statement of Financial Activities by fund for the Year Ended 31 December 2021
| Total Total |
|
|---|---|
| Unrestricted Unrestricted |
|
| Funds Funds |
|
| 2021 2020 |
|
| £ £ |
|
| Income and Endowments from: | |
| Donations and legacies | 317,527 300,502 |
| Charitable activities | 7,490 4,200 |
| Investment income | 403 269 |
| Total income | |
| 325,420 304,971 |
|
| Expenditure on: | |
| Charitable activities | (297,240) (317,943) |
| Total expenditure | |
| (297,240) (317,943) |
|
| Net income/(expenditure) | |
| 28,180 (12,972) |
|
| Net movement in funds | |
| 28,180 (12,972) |
|
| Reconciliation of funds | |
| Total funds brought forward | |
| 8,411,535 8,424,507 |
|
| Total funds carried forward | |
| 8,439,715 8,411,535 |
This page does not form part of the statutory financial statements. Page 15
Raza Jamia Masjid and Islamic Centre
Statement of Financial Activities by fund for the Year Ended 31 December 2021
| Total Total |
|
|---|---|
| Restricted Restricted |
|
| Funds Funds |
|
| 2021 2020 |
|
| £ £ |
|
| Income and Endowments from: | |
| Charitable activities | 51,844 27,993 |
| Total income | |
| 51,844 27,993 |
|
| Expenditure on: | |
| Charitable activities | (24,435) (13,555) |
| Total expenditure | |
| (24,435) (13,555) |
|
| Net income | |
| 27,409 14,438 |
|
| Net movement in funds | |
| 27,409 14,438 |
|
| Reconciliation of funds | |
| Total funds brought forward | |
| 23,477 9,039 |
|
| Total funds carried forward | |
| 50,886 23,477 |
This page does not form part of the statutory financial statements. Page 16
Raza Jamia Masjid and Islamic Centre
Detailed Statement of Financial Activities for the Year Ended 31 December 2021
| Total Total |
|
|---|---|
| 2021 2020 |
|
| £ £ |
|
| Income and Endowments from: | |
| Donations and legacies (analysed below) | 317,527 300,502 |
| Charitable activities (analysed below) | 59,334 32,193 |
| Investment income(analysed below) | 403 269 |
| Total income | |
| 377,264 332,964 |
|
| Expenditure on: | |
| Charitable activities(analysed below) | (321,675) (331,498) |
| Total expenditure | |
| (321,675) (331,498) |
|
| Net income | |
| 55,589 1,466 |
|
| Net movement in funds | |
| 55,589 1,466 |
|
| Reconciliation of funds | |
| Total funds brought forward | |
| 8,435,012 8,433,546 |
|
| Total funds carried forward | |
| 8,490,601 8,435,012 |
This page does not form part of the statutory financial statements. Page 17
Raza Jamia Masjid and Islamic Centre
Detailed Statement of Financial Activities for the Year Ended 31 December 2021
| Total | Total | |
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Donations and legacies | ||
| General Donations | 62,893 | 93,939 |
| Funeral Donations | 97,180 | 60,353 |
| Jummah | 90,205 | 46,858 |
| UK Government grants | 45,819 | 78,062 |
| Annual Membership | 21,430 | 21,290 |
| 317,527 | 300,502 | |
| Charitable activities | ||
| Appeal fund | 38,232 | - |
| Islamic books and stationery income | - | 200 |
| Radio income | 2,770 | 2,290 |
| Nikkah income | 4,720 | 1,710 |
| Madrasah income | (545) | 22,477 |
| Giyarween income | 14,157 | 5,516 |
| 59,334 | 32,193 | |
| Investment income | ||
| Bank interest receivable | 403 | 269 |
| 403 | 269 | |
| Charitable activities | ||
| Islamic Books Radio | (500) | - |
| Wages and salaries | (9,063) | (10,610) |
| Wages and salaries | (77,223) | (102,415) |
| Staff pensions (Defined contribution) - pension scheme 1 | (1,174) | (951) |
| Rent and rates | (4,751) | - |
| Light, heat and power | (41,648) | (36,437) |
| Insurance | (6,573) | (6,473) |
| Giyarween expenses | (10,056) | (2,230) |
| Repairs and maintenance | (7,267) | (4,216) |
| Telephone and fax | (1,181) | (1,075) |
| Security | (107,222) | (112,356) |
| Computer software and maintenance costs | (83) | - |
| Printing, postage and stationery | (588) | (546) |
| Funeral services | (10,953) | (12,828) |
| Islamic Books Radio | (2,075) | (4,208) |
| Charitable donations | - | (595) |
| Sundry expenses | (3,450) | (1,871) |
| Cleaning | (1,988) | (630) |
This page does not form part of the statutory financial statements. Page 18
Raza Jamia Masjid and Islamic Centre
Detailed Statement of Financial Activities for the Year Ended 31 December 2021
| Total Total |
|
|---|---|
| 2021 2020 |
|
| £ £ |
|
| Service contracts | (5,599) (7,214) |
| Motor expenses | (519) (465) |
| Accountancy fees | (2,000) (2,210) |
| The audit of the charity's annual accounts | (630) (1,140) |
| Bank charges | (2,842) (1,928) |
| Depreciation of plant and machinery | (1,408) (1,760) |
| Depreciation of fixtures and fittings | (681) (811) |
| Depreciation of motor vehicles | (19,268) (14,720) |
| Depreciation of office equipment | (2,868) (3,094) |
| Madrasah Stationery and books | - (400) |
| Madrasah sundryexpenses | (65) (315) |
| (321,675) (331,498) |
This page does not form part of the statutory financial statements. Page 19
Raza Jamia Masjid and Islamic Centre
Independent Examiner's Report to the trustees of Raza Jamia Masjid and Islamic Centre
I report to the trustees on my examination of the accounts of Raza Jamia Masjid and Islamic Centre for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees of Raza Jamia Masjid and Islamic Centre 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 Raza Jamia Masjid and Islamic Centre's accounts carried out under section 145 of the 2011 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 Raza Jamia Masjid and Islamic Centre's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of Raza Jamia Masjid and Islamic Centre as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
...................................... Gavin Butterworth ICAEW
Butterworth Barlow House 10 Derby Street Prescot Merseyside L34 3LG
11 February 2022
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