DARUL QURRA AND ISLAMIC RESEARCH CENTRE Charity No. 1171449 Trustee Report and Unaudited Accounts 31 December 2023
Contents Legal and Administrative Information.. Report of the trustees for the year ended 31 December 2022 ........................ Structure, governance and management............................................. Oblettives and actlvltles................................................................................................. Independent Examiner's Report to the trustees of DARUL QURRA AND IStAMIC RESEARCH CENTAE..7 Statement of Flnanclal Actlvltles...
al And Adminlstrative Information Incorporatlon: the CIO Foundation was entered on the R¢gister of Ch8rities on 3 Febnwy 2017 Ch4rity Number: 1171449 Registered Addres5: 26 Oakwood Road. Sparkhill, Birniingham B114HA Truitees: Mr Mohammed Akhlaq Mr Iinran MuharRm#d Mr Muliammad Naveed Mr Mui.zamal Flussain Ahmed Mr Majid Mahm¢)od Accountants Pro Accountancy Lid I S2a l)unstable Road Luton Bedfordshire LUI IEW
ort of the trustees for the ear ended 31 December.2023 The trustees present their report and the financial statements for the year ended 31 De¢ember 2023. The trustees who served during the year and up to the date of this report are sct out on page 3. The financial statem¢nts comply with the Charities Act 2011, Ihe Companies Act ?006. the Articl¢s of Association and Accouniing and Reporting by Charities- Statetnent of Recommended Praciiee applicable to Chariiies preparing their accoun15 in accordance wiill the Financial Reporting StandaTd applicable in the UK and Republic of Ireland {FRS 1021. Structure ovemance and mana ement DARUL QURRA AND ISLAMIC RESEARCH CENTRE is a regiSted ehariiy governed by CIO- FOUNDAI-ION REGISTERED 03 FEB 2017. The ch3rity triistees are reSTKinsible for the bTeneral conirol And management bf the charity. The trust¢¢s give their timi fr¢ely and receivc no remuneration or other financial benefits. The Board of -f¥ustees ¢onsisis of peoplc that ¢ollectively have the skills, expertis¢ and experience to ensur¢ that the Charity is managed elY¢¢tiv¢ly. Where a vacancy arises a new trustee is apwinted only by the passing of a resolution of the Board of 'fruste¢s. b'¢clive5 and activities Th¢ advancemeni of fE4ith and religious praetices of Islam inducing Sufism in accordance with Qur'an and Sunnah. The advan¢¢m¢nt of education for the publit ben¢fii coneemin8 teachings and practices of Islam including Suf15m. The advancement of general education for (he public benefit concernin8 all forms of useful knowledge. The prtsvision ol. recr¢atioi)al facilities and activiti¢s in the interests ()f social welfare wilh the objcct of imptoving the conditions of lif¢ for those persons in yed of such facilities and a¢tivities. The advancement of both religious and rncial hamiony for the benefit of publi¢. Our objectives are sd to reflee'k our faith and community aims. F.ach year our trknstees review our obje¢tives pnd activities to ensure they Continue io reflect our asms. In currying out thi5 review the trusiees hav¢ considered the Charity Commission's general guidance on public benefit and in particular its supplemenlary public guidance on th¢ advancement of reliBioii f()r the piiblic b¢ii¢fit. Our aim remain5 to provide a f1}Ity where Muslim5 can Worship and to Provide a eommunity facilily for all the inhabitants of Bimiingham. Our long-t¢m ambition is lo build the self-confiden¢e of BiTmii)gh&m's Muslims in iheir faith, and through our Lommunii faeilities and activitie5 help make nur area a peaceful, vibrant and harnionious community.
Activitie The charity ¢arrie5 Out a wide rdnge of activities in pur5uanee of its eharitsble aims. The trustees consider ihai these activities to provide benefit both to those who worship at our Mosque and the wider community of Birmingham. Future Objective The Charity hopes to raise rnor¢ fwids to furth¢ran¢e of its objectiv¢s. Achlevement¥ perfonnance The main achievements of the Charity during this year were to continu¢ su¢c¢ssfully with its main activities in the furtherance of ils objectives. The Charity once again managed to raise a go(yJ amount of money as donations. The Charity signif2¢antly ¢XWdnded its educational outreach by organizing guest lectures from esteemed scholars specializing in the sciences of the Qur'an. rtianks to th¢ generous support of its donors. the eharity w&$ able to offer free eduLation io the local community. This success not only cnhanced the harity's impact but also led to increased donor contribuLion5. Compared to the previous year, the charity achieved the following additional milestones.. a) Fa¢ilitated free education for local residents by invitin8 VlSitin8 scholars who are experts in Sufism, Qur'anic studies, and other Islamic sciences. b) Provi(led Imam Services for Ihe five daily prayers. c) Offercd free cducational cours¢s acTOSS th¢ ¢nuHtry. ¢xtendin8 tts reach to a wider audience. d) Supplied free water, daces, and fruits to the IocE41 community during Rainad8n to break Ih¢ir fast5. e) Made a charitable donation to support another educational initia¢iv¢. This pro8re55 reflects the chaTity's growing ability to meet th¢ n¢¢ds of the community and further its mi5sian of acKessible educarion and spiritual sup)rt. Fln4nclal revltw Charity saw a signifieani increase in donations from rnembeTS and the ¢ommunity, driven by the positive feedbuL,k from leamers who benefiied frorn the free ¢ducation#l courses offered locally and nationally across the UK. The Charity has regular donors plus a few sin8le donation5. It is envi5agcd that this regulur funding will continue for the foreseeable future. Future Plany The charity's aims and objectives remain steadfast. with plans to ¢ontin its vitsl work. It plays a crucial role in enhancing the well-being and d¢velopment of ople of all ages, and marginalized cc>mmunities across Birmingharn. Through a diverse ran¥e of initiative5 focused on education, spirituality, p(?vcrty allcviation, and Lommunity development, the charity is making a significwit and lasting differ¢n¢e in the lives of those it serveg. Statement of trustees, re5POrt51bllltles The trustee5 are Te5ponsible for preparing the Trnstees, Annual Report and the fLnan¢ial %tatemenis in a¢ci)rdance with applicable law United Kingdom Accountln8 Standards (United Kingdom Generally Aecepied Accounting Practice}. Law applicable to charities in England and Wales re uire5 the tnjstees to prepare financsal statemenls for Cach finanLial year. In preparing these financial slat¢m¢nts the trusttts are required to..
select suitable aceouniing policies and then apply them consistently; observe th¢ methods and principle5 In the Chariiies SORP,. make judgFements and esiimales that are reasonable and prndent: prepare the ftnancial statements on tlie going conLrrn basis unless it is inappropriat¢ to presume that the Charity will continue in operdtion. The trustee5 are reswnssble for keeping proper 2ecouniing records whieh disclose with rcagonable accuracy at any time ihe financial position of the charity and enable them to ensur¢ that the financial statements ¥omply w2tl) the Charities Act 1993and the Charity IAccounts and Reports) Re&pulalions ?008. They are also responsible for saleguarding ihe assets of ihe charity and hence lor iaking reasonable st¢ps for the prevention and d¢t¢ction of fraud and other irregularities. On behalf of board Trustee Trustee Mr Muhammad Nav¢ed Mr Mohammed Akhloq
Inde endent Examiner's Re ort to the trustees of DARUL URRA AND ISLAMIC RESEARCH CENTRE I rep(In to the charity trustees on my examination of the financial statements of DARUL QURRA AND ISI.AMIC RESEARCH CENTRE for the year ¢nd¢d 31 D¢c¢mber 2023 which comprise: the st8iem¢ni of Financial Activities. the Summary Income and ExpendituL Account, the Balance Sheet and the related note%. Responslbilities gnd b8si5 of rewrt A5th¢ trustees of the charity land a150 its directors for the purposes of company law) you are responsible for the preparaiion ol. the financial statements in accordance with the Tequitements of th¢ Compani¢s ALt 2006 {'the 2006 ALI}. Having 5ati5fied myself that the financial stat¢ments of th¢ chArity are not required to audited under Part 16 01. the 2006 Act and are eligible for independent examination. I report'in resrKci of my examination of your charity's financial statements a.% carried out und¢r seeiion 145 of Ihe Charities Aci ?01 l ('the ?01 l Act'l. In carrying out my examination I have followed the Diredions btiven by Il)e Charity Commission under seetion 14515) (bl of the 201 l Aei. Independent examlner's Statement I have completed my ¢xomination. l ean eonfirni thatpo material matters have come tg my attention in connection with the examination giving me cause to beli¢ve that.. accounting records were not kept in accordance with section 386 of the 2006 Act ' or the finan¢ial Statements do nol accord with those records,. or the fiiiancial statements do not comply with the acwunting r¢quirements under stIOn 396 of the 2006 Act other ihan any requirement thal lh¢ finaneial statements 8ive a'true and fairf view whicli is not a niatlLr cansidercd 85 pan of cin independent examination: or the fiiiancial stai¢menis have not be¢n prepared in accordance with th¢ Charities SORP IFRS 102). I have no concems and have come rOsS no other mAtters in connection with the ex*nination to which attenlioil should be drawn in this report in order to enable a proper understanding of the financial Slat¢ments to be reached. Pro Arcountaiicy Ltd 152a Dunsiable Road Luton Bedfordshire LUI IEW 31 D¢cember 2023
Statement of Financial Activities CHARITY COMMISSION FOR ENGLAND AND WALES No lif (inyj Darul Qurra and Islamlc Research centre 1171449 CC16a Receipts and payments accotsnts Period start Pt'iiod ei)d For the period from To 31-Dec-22 30-Dec-23 Section A Receipts and payments Llnrestricted Reslrided Endowment fund$ fund funds To the Tothe To the near081 ntsartst n•ar•81 Total funds Last year To th• near•$l roth n8ar08t A1 R•c•lpts Donatlon Bank Donationg Cash Donation6 Loan 130,732 12,274 130,732 12,274 78,850 5.881 7.500 Subtotal (Gro•• In¢om• lor ARI 143,006 143,006 A2 A$$et and Invè8tm•nt ales, (Boe tsblel. Sub total Total rnc•lpto A3 Paym•nt• Teachers Zakat Egypt E8VPt Project5 Malntenance and repairs Insurance 143,008 143,006 T84.531J lo,4] 10,400 4,230 1.200 3.505 44.813 60,830 835 6030 835 Water Bill 1.402 1,402 974
Gès and Electric 1,426 1,426 489 Loan repayment Just Glving fees Printlng and books Consultancv Imarn Servlces Community and outreach work Cleaning Educational events Visiting lecture event8 Ramadan expense Oonation to other educational charities 7,500 562 418 418 244 11.978 39,002 4,000 244 11,978 39.002 4,000 2,164 926 5,500 13,890 1,045 2,000 926 5,500 13,890 1,045 2,000 Sub totsl 153.896 153,896 60,404 A4 Assot and Inv••im•nt pvrchi••8, t•bl•l Sub totsl Tot•1 paym•nt• Nel L)f rKolptsllpayment*l 1S3,896 .10.890 153,896 .10,890 18.127 A6 Tron•f•r• betsv•en lund# 22.270 A6 Ca•h lund• l••t yoar •nd Cash fund• tlil• y••r •nd -10,890 -10,890 funds 11,382 lun5, funds Bl Cash funds Cash In hand & at 8ank Total Ca5hlunds la8ree balances wlth reIptS and payments actountlsll 11.392 A8reement Error OK OK Unrestri£te Restrlcted funds funds To nearest £ To nearest £ Endowrnent funds To nearest £ Detai15
io B2 Other monetary assets Funds to which as5et5 Detalls Cost (Optionall Current value Ioptionall belon8 83 Investment assets Fund5 to which assets belon8 Oeiails Cost Ioptlonall Current value (Optionall B4 Assets retalned for the charltvs own use Funds to whlch Detai18 Amount due Ioptlonall When due Ioptlonall belon8 Signed by one or iwo trustee5 on behalf of •ll the tru5tee5 Signature Print Name D81e of approval Mr Mohammed Akhlaq Mr Muhammad Naveed 17/,11024