COMPANY REGISTRATION NUMBER: CE010562 CHARITY REGISTRATION NUMBER: 1172035 AL-Ikhlas Culture and Education Centre Unaudited Financial Statements For the year ended 31 March 2026 SAK2020 LTD. Chartered Certrfied Accountant5 Broadway House Broadway Cardiff CF24 1PU
AL-Ikhlas Culture and Education Centre Financia! .QtJtements Year ended 31 March 2026 Page Trustees, annual report Independent examinerfs report to the trustees Statement of financial activities (including income and expenditure account) statement of financial position Notes to the financial statements The following pages do not form part of the financial statements Detailed statement of financial activities 13 Notes to the detailed statement of financial activities 14
AL-Ikhlas Culture and Education Centre TrLl4?toao' la.4nual R-port Year ended 31 March 2026 The Iruslees present their report and the unaudited finanaal statements ol the charity for the year ended 31 March 2026. Referencè and administrative detail$ Registered charity name AL-Ikhlas Culre and Education Centre Charity registration number 1172035 Company registration number CE010562 Principal office and reglstered 16 Bayside Road office Cardtff CF24 SNA UK The trustees MrA Taha Mr A A Jalal Independent examiner SAK2020 Ltd. Chartered Certified Accountants Broadway House Broadway Cardiff CF24 1 PU Objectives and activities . To providing and support Islamic education through the study of the Quran and Arabic language." To providing facilities for regular prayer meetings for the Muslim community.. Tts foster inlerfailh relalionships and promoling religious harrnony in Cardrff and the surrounding area by working in partnefship with other faiths. ' To prDvide assistance to those In need Ihrough Islamic counselling and dispute resolution. ' To provide support to young people through mean5 such as leisure b.me activitie5, conducted with a religious ethos in ordw to develop their Capabilit5. Aims The ultimate aim of Al-lkhlas Centre is to bring atx)ut wider religious and Social benefits. 11 is to prevent any social, psychological or physical harm to our members, their comtnunity and wider society. We strive to provide a moderate yel coniinuous IslaTnic environrnenl for the Muslirn community, particular In Adamsdown. We also aim lo contribute towards portraying a peaceful image of Islam in the city of Cardiff based on our guiding principles. We aim to ensure that our services are delivered lo very high standards and with professionalism. Therefore, our weekly classes, regular activities and after school Qurfan club for children are planned, prepared and delivered lo a high Standard of leaching. We aim to expand and impmve our neY e5tab5ished youth club. This will encourage the youth to integrate and occupy Ihemselves in an environment that will protect and guide them.
AL-Ikhlas Culture and Education Centre Trustees. Annual R#nrtrt Ixnlinuedj Year ended 31 March 2026 Achievements and performance Al-lkhlas Centre was e5tabli5hed lo fvlfil the growing demand for education classès. a Friday and Ramadhan activities space. and other cutturallreligKJus aclwilies in the arèa that lacks the presence of such an Islamic community cenlre. We seek lo create a God Amighty centric, spiritually balanced, peaceful and prosperous Cardiff. where all communib'es respect each other and work together for the common good. Al-lkhlas Centre is close to a burgeoning asylum seeker community and a recent refugee community. Therefore, by default. Al-lkhlas Centre quietly assis15 wrih the integr*ion of asylum seekers and refugees. helps them build new fulures in WaS and creates a harmonious society. This is achieved by providing them with a safe environment where they can find shelter and sanctuary, both socially and religiously_ Furthemiore, Al-lkhlas Cenlre is the onty mosque in this ntral and densely p)puLar area in which Muslims are considered a large majority. Al-lkhlas Centre rnanaged lo purchase 92 Broadway during the year. This building will be used for ladies, aclivilies. The main centre lie 88 and 90 Broadway} is 95% completed and may open for thè worshipper in Juty 2022_ Plans for future periods Centre is planning to improve 92 Broadway so that Ét is merged with the new building. Facilities al 92 Broadway need immediate improvement and centre will start improvement work once 88 and 90 Broadway is completed. Restricted fund This represents funds raised by the Libyan community for the Trustee Hassan Hamouda who died In 121091202110 set up a "Sadka Janah- project for his swab" Small company provisions This report ha5 been prepared in accordance wth the provisions applicable lo companies entitled lo the small cornpanies exemption. The Iruslees, annual report was approved on .-.....- Iruslees by.. Mr A Taha Trustee Jalal wslee
AL-Ikhlas Culture and Education Centre InA<&n•nd•nt E.Y?miner's P.tsnort to tho Truottstse o! kll .Ikhlas Culture ap.tl Éducation Centre Year ended 31 March 2026 We report lo the trustees on our examinab.on of the financial statefflents of AL-Ikhlas Culture and Edijcation Centre {'the ¢harity'l for the year ended 31 March 2026. Responsibilities and basis of report As the charity's trustee5 you are responsible lor the prepardtion ol the accounts. The eharty's trustees consider an audit Is not qUired for thi5 year (under s43 (31 of the Charities Act 1993 (the Acll. 11 is r)ur responsibility lo-. 1. Examine the accounts (under s4313} lal of the 1993 Act) 2. Follow the procedures laid down in the General Directions given by the Charity Cofflmissioners under sèctK)n 43 171 Ib} of the Act, and 3_ to stale whether partFcular matters have corne lo our attention. Having sat75fied OU1veS that the charity is not subject to audit under con7pany law and is eligible for Independent examination. it is our responsibility to-. ' examine the accoun15 under section 145 of the 2011 Act. ' to follow the prOdureS laid down in the general DireclK>n5 given by the Charity Commission under Section 14515llb) of the 2011 Act.. and ' 1¢ stale whether parhcular matters have come to our attention. Independent examinerfs statement We have completed our examination_ We confirm that no matters have come to our attention in connection with the examination giwng us cause lo believe.. accounting records were not kept in respect of the chaty as required by section 386 of the 20( Act., or the financial statements do not accord with those records-, or the financial 5talemenls do not compty with the accounting requirements Df section 396 of the 2(K)6 Act other than any requirement that the accounts give a 'lrue and fairf view which is not a matter considered as part of an independent examination-, or the financk41 statements have not been prepared in accordance wlh the methods and principles of the Slalemenl of Recommended Practi for accounting and reporting by charities applicable lo chartties preparing their accounts in accordan wilh the Financial Reporting Strdndard applicable in the UK and Republic of Ireland IFRS 102}. We have no concerns ane have come across no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. •< 202-1* 24& L/uAÉ Z026 Independent Examiner SAK2020 LTD Chzrtered Certified Accountants Broadway House Broadway Cardiff CF24 1PU
AL-Ikhlas Culture and Education Centre t2tr•ment of Finap.pi#! Artivj*i#¢ (including income and expenditure account) Year ended 31 March 2026 2026 Unrestricted funds Total funds Total funds 2025 Note Income and endowments Donations and legacies Total income 176,254 176.254 114,300 176.254 176.254 114,300 Expenditure Expenditure on raising funds.. Costs of raising donations and legacies Expenditure on charitable activiti.es Totsl expenditure 11,429 96,413 107,842 11,429 96,542 10,136 67,080 6,7 107,971 77.216 Net income and net movernent in funds 68,412 68,283 37,084 Reconciliation of funds Tolal funds brought forward Total funds carried forward 1,246,671 1,246,671 1,2D9,587 1,31 S.083 1.31S,083 1,246,671 The stalerrEnl of financial activits'es indudes all gains and10sses tecognised in the year. l income and expenditure derive from continuing activities. The notes on page5 6 to 11 fomi part of thèse financial 51atements.
AL-Ikhlas Culture and Education Centre st2t¢.Ant of Financial Position 31 March 2026 2028 2025 Note Fixed assets Tangible fixed assets 10 1,140,385 1,146,S08 Current assets Cash at bank and in hand 195,569 121,163 Net current assets 195.569 121,163 Total assets less current liabilities 1.335.954 1.267,671 Credltors: amounts falling due after more than one year Net assets 11 21.000 21.000 1.314.954 1.246,671 Funds of the charity Unrestricted funds 1,315,083 1.246,671 Total charity fund$ 13 1,315.083 1.246,671 For the year ending 31 Mar¢h 2026 the charity was entilled to exemption from audit under section 477 ¢f the Companiès Act 2006 relating to small ¢ompanies. Trustees, responsibil(cies." The members have not required the ¢ompany to oblain an audit of ils financial slalements for the year in question in accordan¢e with wtion 476." The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of ffinancial StalennIS. These financial ststerrerrts have been prepared in accordan with the provisions applicable to companies subject lo the small wmpanies, regime. These financial statements were approved by the board of trustee5 and aulhorised for issue on ..X[A[Jp.z6......., and are signed on behalf of the tK)2rd b Mr A Taha Trustee A A Jalal Trustee The notes on paw 6 to 11 fomi part ofthes& financial statements.
AL-Ikhlas Culture and Education Centre h!rt+#o +n thts F jp.ap.ial StatArn<¥no Year ended 31 March 2026 Statement of Gomplian¢¢ These financial ststements have been prepared in CoMplAn wth FRS 1D2. 'The Financial ReFX)rting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable lo charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (Charities SORP IFRS 10211 and the Companies Act 2006. Accounting policies Basis of preparation The financial stalemenls have been prepared on the historical cost basis. as modified by the revaluation of certain financial assets and lÈabilrties and investment properb.es measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional cuttency of the entity. Going Concern There are no material uncertainties aul the charity's abilify lo ntInue. Fund accounting Unreslricled funds are available for use al the discretion of the Iruslees to further any of the charity's purposes. Designated funds are Unrestricted ftjnds eamiarked by the tnjstees for particular future project or commitment. Restricted funds are subjected to reslricts.ons on their expendiluTe declared by the donor or through the tern of an appeal, and fall into one of two sub-classes." reslrided in¢ome funds or endowment funds. Incoming resources All incoming resources are included In the staternenl of financial aclivtti.es when entillemenl has passed to the charity.. it is probable that the economic benefits associated with the transaction will flow lo the chanty and the amount can be reliabty measured. The following specific policies are applied lo particular categories of income". income from donations or grants is recognised when there is eviden of entillemenl to the gift, receipt is probable and rts amount can be measured relk4bly. legacy income is recognised when receipt is probable and entitlement is established. income from donaled goods is measured at the fair value of the goods unless this is impractical lo measure reliably. in which case the value 15 dorived from the cost to the donor or the eslimaled resale value. Donated facililw and services are [ecnised in the accounts when reiVed if the value can be reliabty measured. No arnounls are included for the contn"bulion of general vdunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service This is elassilied as unrestricted funds LFnless there is a conlraclual requirement for il lo be spent on a particular purpose and reluined rf unspent, in which case il may be regarded as restricted.
AL-Ikhlas Culture and Education Centre Notes to the Financial Rt2tomonts Year ended 31 March 2026 Accountlng policles (conUnt*dJ Resources expended Expenditure is recognised on an accruals basis as a liability is incurfed. Expenditure includes any VAT which cannot be fully recovered. and is classified under headings of the stalernenl ol financial activities lo which it relale5'. expendTture on raising funds indudes the costs of all fundraising aclivits"es, events, non-charitable trading acttvibes, and the sale of donated goods. expenditure on charitable aclNrties includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, incluéing those support costs and costs relab'ng to the governance of Ihe charity apportioned lo charitable activities. other expendtlure includes all expenditure that 15 netther related lo raising funds for the charity nor part of its expenditure on charitable a¢ts'vilies. All costs are allocated to expenditure categories rellecting the use of the resource. Direct costs attributable lo a single activity are allocated directly lo thal aclivity Shared costs are appoth.oned beeen the activities they contribute to on a reasonable, justifiable and con51slenl basis. Tangible assets Tangible assets are initially recorded at cost. and subsequently slated at cost less any accumulated depreciation and impairment losses. Any langible assets carried at revalued amounts are recorded al the faiT value at the dale of revaluation less any subsequent accumulated depreck4ts.on and subsequent accumulated impairrrEnt losses. An increase in the carrying amount of an asset as a result of a ievaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impaimient that has previously been iecognised as expenditure within the statement of financial tIVitieS. A decrease in the carying atnount of an asset as a result of revaluab'on, is recognised in other recognised gains and losses. except to which it offsets any previous revaluatiDn gaill, in which case the loss is shown within other recognised gains and10sses on the statement of finanual activtbes. Depreciation Depreciation is CaUl31ed so as to write off the cost or valuation of an asset, less ils residual value, over the useful economic life of that asset as follows". lrnpairment of fixed assets A review for inolicalors of impairrnent Is carried out at each repc•rting date, with the recoverable amount being eslirnated where such indicators exist. Vvhere the carying value exceeds the recoverable amount, the asset is Impaired accordingly_ Prior impairments are also reviewed for possible reversal at each reports.ng date. For the purpose5 of impairment testing, when rt is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generaling unil to which the asset belongs. The cash-generating unil is the smallest identifiable group of assets that includes the as5el and generates cash inflows that largely independent of the cash inflows trom other assets or groups of assets.
AL-Ikhlas Culture and Education Centre n+AS to the Financ.i#! R+#tomentQ K_ Year ended 31 March 2026 Accounting policies {clinued) lrnpairment of fixed assets {continued) For impairment lesb'ng of go(xJwill, the gcN)dwll acquired in a business cofflbination is, from the acquisition dale. alloc8ted to each of Ihe cash-generating units that are expected to benefit from the synergies of the combination. irrespective of whether other assets or liabilities of the charity are assigned lo those units. FinancTral Instruments A financial asset or a financial liabilily is recognised onty when the charty becomes a party lo th8 contractual provisions of the instrument. Basic financ1 in51rumenls are initially recognised al the arrwnl receivable or payable including any related transaclion costs. Current assets and currenl liabilities are subsequently measured al the ¢ash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured al alrtIsed cosL Ihthere investments in shares are publicty Iraded or their fair value can OtheiSe be measured reliably. the investment is sub5equenlty measured al lair value with Ghanges in fair value recognised in income and expenditure. All other such investments are subsequently meaSUd at cost less impairmènt. Other financial instruments. including derivatives. are initially reco9nised al fair value, unless payment IDr an asset Is deferred beyond nomial btJ5iness terms or financed al a rale of interest that is not a market rate, in which case the asset is measured al the present value of the futur8 payments discounted at a market tate of interest for a similar debt instrument Other financial Inslwmenls are subsequently measured at fair value, with any changes recognised in the slalemenl of financial activibes. wtth the excepb.on of hedging inslwmenls in a designated hedging relationship. Financial assets that are measured at cost or amortised cost a reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is reccyjnised under the appropriale heading in the statement of financial activities In which the initial gain was recognised. For all equity inslwmenls regardless of signtficance. and other financial assets that are individualty Signifan¢, these are assessed indtvidually lor impairment Other financial assets are either assessed individually or grouped on the basis of sirrkilar credit risk characteristics Any reversals of impairment are recognised immediately, lo 1he extent that the reversal does not result In a carrying amounl of the financial asset that exceeds what the carrying amount would have been had the impaimienl not previousty been recognised. Defined contribution plans ConlribLrtions lo defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are Teccxjnised as an asset lo the exlenl that the prepayment will lead lo a reduct in lulure payments or a cash relund.
AL-Ikhlas Culture and Education Centre to the Finan¢l#! State.¥ts :_ Year ended 31 March 2026 Aecounting policies [CrlIuedj Defined contribution plans (¢onlrnued) W)en contributions are nol expected lo be settled wholty within 12 months of the end of the reporting date In which the employees render the related servi, the Ih3bilily is measured on a discounted present value basis. The unwinding of the dis(x)unt is recognised as an expense in the period in which il arises Limited by guarantee Donations and legacies Unrestricted Total Funds Unrestricted Total Funds Funds 2026 Funds 2025 Donations Donations Fee received Gift Aid Grant received 146.236 17,600 12.418 146.236 17.600 12.418 89,952 7,740 12,108 4,500 89.952 7.740 12,108 4.500 176.254 176.254 114,3C>O 114,30D Costs of raising donations and legacies unrestn.cted Total Funds Unreslricled Totsl Funds Funds 2026 Funds 2025 Costs of raising donations and legacies Donations 11.429 11,429 10.136 10,136 Expenditure on charitable activities by fund type Unrestricted Totsl Funds Unrestricled Total Funds Funds 2026 Funds 2025 Activity type 1 ,413 96,542 67,080 67,080 Expenditure on charitable activities by activity type Activib'es undertaken Total funds direclty 2026 Total fund 2025 Activity type I 96,542 96,542 67,080
AL-Ikhlas Culture and Education Centre Notas tr •ha Financial Stafremants (tr.•J*kntse Year ended 31 March 2026 Net income Nel ineome is stated after ChargIn{credItingl". 2026 2025 Dèpreciab'on of tangible fixed assets 6,123 7,653 Staff costs The total staff costs and employee benefits for the rewrting period are analysed as follows." 2026 2025 Wages and salaries Social security costs Employer contributions to pension plans 13,014 6,564 34,800 21,076 4,121 1,500 54,378 26,697 The average head count of employees during the year was Nil {2025.' 11. No employee received employee benefits of mre than £60.000 during the year12025.' Nill- 10. Tangible fixed assets Freehold Fixtures and property fittings Total Cost At 1 April 2025 and 31 March 2026 Depreciation At 1 April 2025 Charge for the year At 31 March 2026 1,115.895 59,451 1,175,346 28.838 6,123 28,838 6,123 34,961 34,961 Carrying amount At 31 March 2026 1,115.895 24,490 1,140,385 Al 31 March 2025 1,115.895 30.613 1.146,508 11. Creditors: amounts falling due after more than one year 2026 2025 Karz e Hassana 21.000 21,000 12. Pensions and other post retirernent beneffts Defined contribution plans The amount recnised in InMe or expenditure as an expense in relalion to defined contribub.on plans was £34,80012025.' £1.500). 10
AL-Ikhlas Culture and Education Centre Notes to Fi4ancial q+2tements Year ended 31 March 2026 13. Analysis of ¢haritable funds Unrestrlcted fund$ At 31 March 20 26 At 1 April 2025 Income Expenditure General funds 1.246.671 176,254 (107,8421 1,315,083 At 31 March 20 25 At 1 11 2024 IoMe Expendtture General ftjnds 1.209.587 114.300 {77,2161 1,246,671 11
AL-Ikhlas Culture and Education Centre Pth.JnAnement lnfnrmatio.ry Year ended 31 March 2026 The following pages do not fonn part of the financial ststements. 12
AL-Ikhlas Culture and Education Centre jlod Statemen• rt! Financial N.ctivities Year ended 31 March 2026 2026 2Q25 Income and endowments Donations and legacies Donations Fee received Gift Aid Grant received 146,236 17,600 12,418 89,952 7,740 12,108 4,500 176,254 114,300 Total income 176.254 114,300 Expenditur¢ Costs of raising donations and legacies Wages and salaries 11.429 10,136 Expenditure on charitable activities Volunteer Expense Bank Charges Sub-conlraclors Rates & Water ghl & Heat Repairs & maintenance Insurance Food Expense (Feeding Refugees) Service Charge Donation J Zakat Telephone & Inlefnel Depreciation Ramadan Iftar Printing, Slalionery & Postage Sundry Expenses Cleaning and Refuse 1.585 6,564 34,800 10,940 4,121 1,500 2,443 2,681 10,753 1,413 6,494 480 3,033 698 7,853 13,122 164 715 872 3,421 16,423 1,566 8,619 440 5,173 578 6,123 10,905 25 105 215 96,542 67,080 Total expenditure 107,971 77,216 Net income 68,283 37,084 13
AL-Ikhlas Culture and Education Centre Nrt+#¢ trt •hts Detailed Stateme4* eb! F•nancial Activj••as Year ended 31 March 2026 2026 2025 Costs of raising donations and legaeies Costs of raising donations and legacies - Donations Wages and salaries 11,429 10,136 Costs of raising donations and legacies 11,429 10,136 Expenditure on charitsble actwities Activity type 1 Activities undertaken ditlY Volunteer Expense Bank Charges Sub-contractors Rates & Waler Light & Heat Repairs & maintenance Insuran Food Expense (Feeding Refugees) Service Charge Donation I Zakat Telephone & Intemel Dewecialion Rarnadan Iftar Printing. Ststionery & Postage Sundry Expenses Cleaning and Refuse 1,585 6,564 34.800 10,94D 4,121 1,50D 2,443 2,681 10,753 1,413 6,494 480 3,033 696 7,653 13,122 164 715 872 3,421 16,423 1,566 8.619 440 5,173 578 6.123 10,905 25 105 215 96,542 67,080 Expenditure on charitable activities 96,542 67,080 14