Charity number: 1172052
Masjid And Madrasah Uthman
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 August 2021
Masjid And Madrasah Uthman Contents Page For the year ended 31 August 2021
| Report of the Trustees | 1 to 2 |
|---|---|
| Independent Examiner's Report to the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 to 11 |
Masjid And Madrasah Uthman Report of the Trustees
For the year ended 31 August 2021
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 August 2021. 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The key objectives of the charity are summarised as follows:
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To assist young people in the advancement of education by means of, but not exclusively, educational classes from secular to religious, language classes and activities for mainstream educational subjects
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To assist young people, especially, but not exclusively through leisure and recreational activities, so as to develop their physical, mental and spiritual capabilities enabling them to become role model citizens, delivering public benefit leading to the betterment of society.
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To support any other charitable purpose for the benefit of Muslims and the general public that the trustees from time to time may determine.
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
ACHIEVEMENTS AND PERFORMANCE
Significant activities
In pursuing our objectives during the financial year ending 31st August 2021 the organisation was engaged in running the following activities:
Evening Religious Education Classes
Knowledge holds an important aspect in the religion of Islam. Children from the age of 4 and above attend the evening Madrasah Monday to Friday learning the basic principles of Islam (Quran, Masnoon duas, Fiqh, Aqaid, Aadab, Tareekh).
Further Religious Education Class
This class was initiated for those teenage boys & girls who have finished their primary Madrasah education but wish to enhance their understanding of Islam enabling them to become good Muslims and good citizens
Place of worship
The charity premises are being used as a Masjid and it provides other facilities for 5 daily prayers with congregation.
Publications
The charity publishes and distributes informative and inspirational literature in the English language through the means of Bi -monthly magazine. These cover topics which are pertinent to the audience, primarily the Muslim youth, pupils and parents of the madrasah.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Masjid And Madrasah Uthman is registered with the Charity commission (Registration Number 1172052) and constituted by the deed of trust.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Masjid And Madrasah Uthman Charity registration number 1172052 Principal address 34A Mallinson Street Dewsbury WF13 4NA
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Masjid And Madrasah Uthman Report of the Trustees Continued For the year ended 31 August 2021
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Independent examiner
Mr Abdul Azeem Mohammed Mr Abid Khan Mr Ebrahim Moorad Mr Shuaib Sufi Mr Urfan Mirza Mr Yahya Sufi M Shahid FCCA Mibsons Limited Chartered Certified Accountants 180 Birmingham Road West Bromwich B70 6QG
Approved by the Board of Trustees and signed on its behalf by
Abdul Azeem Mohammed (Jun 21, 2022 17:44 GMT+1) ............................................................................. 21 June 2022
Mr Abdul Azeem Mohammed
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Masjid And Madrasah Uthman Independent Examiners Report to the Trustees For the year ended 31 August 2021
I report to the trustees on my examination of the accounts of the charity for the year ended 31 August 2021.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity'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 examiners 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 that in any material respect:
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accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the applicable 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.
M Shahid FCCA Mibsons Limited Chartered Certified Accountants 180 Birmingham Road West Bromwich B70 6QG
21 June 2022
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Masjid And Madrasah Uthman Statement of Financial Activities For the year ended 31 August 2021
| Notes | Unrestricted | Restricted | 2021 | 2020 | |
|---|---|---|---|---|---|
| funds | funds | ||||
| £ | £ | £ | £ | ||
| Income and endowments from: | |||||
| Donations and legacies | 2 | 33,756 | 17,987 | 51,743 | 73,581 |
| Charitable activities | 3 | ||||
| Masjid & Madrasah activity | 30,906 | - | 30,906 | 36,633 | |
| Total | 64,662 | 17,987 | 82,649 | 110,214 | |
| Expenditure on: | |||||
| Charitable activities | 4 | ||||
| Masjid & Madrasah activity | (54,644) | (18,835) | (73,479) | (77,543) | |
| Total | (54,644) | (18,835) | (73,479) | (77,543) | |
| Net income/expenditure | 10,018 | (848) | 9,170 | 32,671 | |
| Reconciliation of funds | |||||
| Total funds brought forward | 21,845 | 375,948 | 397,793 | 365,122 | |
| Total funds carried forward | 31,863 | 375,100 | 406,963 | 397,793 |
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Masjid And Madrasah Uthman Statement of Financial Position As at 31 August 2021
| Notes Fixed assets Tangible assets 9 Current assets Stocks Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current assets Total assets less current liabilities Net assets The funds of the charity Restricted income funds 11 Unrestricted income funds 11 Total funds |
£ 2021 351,577 351,577 800 92,865 93,665 (38,279) 55,386 406,963 406,963 375,100 31,863 406,963 |
£ 2020 341,455 |
|---|---|---|
| 341,455 | ||
| 306 97,597 |
||
| 97,903 | ||
| (41,565) 56,338 |
||
| 397,793 | ||
| 397,793 | ||
| 375,948 21,845 |
||
| 397,793 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Abdul Azeem Mohammed (Jun 21, 2022 17:44 GMT+1)
Mr Abdul Azeem Mohammed Trustee
21 June 2022
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Masjid And Madrasah Uthman Notes to the Financial Statements For the year ended 31 August 2021
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011.
Masjid And Madrasah Uthman meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going concern
The financial statements have been prepared on a going concern basis as the trustees consider no material uncertainties to exist. They have considered the level of funds held and the expected level of income and expenditure for 12 months from the date of authorizing these financial statements. The budgeted income and expenditure alongside the surplus reserves are sufficient for the charity to be able to continue as a going concern.
Statement of cash flows
The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charity is small.
Funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity, and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes.
Restricted funds are those which are to be used as per specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:
Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
. Land and Buildings 2% Straight line Fixtures and Fittings 20% Reducing balance
Stocks and work in progress
Stock held by the entity consists of books and other educational material. Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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Masjid And Madrasah Uthman Notes to the Financial Statements Continued For the year ended 31 August 2021
2. Income from donations and legacies
| Donations received Grants received Gifts in kind |
2020 2021 Restricted funds Unrestricted funds £ £ £ £ 42,947 51,743 17,987 33,756 19,500 - - - 11,134 - - - 73,581 51,743 17,987 33,756 |
|---|---|
3. Income from charitable activities
| Unrestricted funds Masjid & Madrasah activity Student Fees Educational Materials |
2021 £ 29,740 1,166 30,906 30,906 |
2020 £ 34,543 2,090 |
|---|---|---|
| 36,633 | ||
| 36,633 |
4. Costs of charitable activities by fund type
| osts of charitable activities by fund type | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2021 | 2020 | |
| funds | funds | |||
| £ | £ | £ | £ | |
| Masjid & Madrasah activity | 47,325 | - | 47,325 | 43,990 |
| Support costs | 7,319 | 18,835 | 26,154 | 33,553 |
| 54,644 | 18,835 | 73,479 | 77,543 |
5. Analysis of support costs
| Masjid & Madrasah activity Admin & Management Premises costs Governance costs |
2021 £ 15,571 9,575 1,008 26,154 |
2020 £ 28,962 3,817 774 |
|---|---|---|
| 33,553 |
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Masjid And Madrasah Uthman Notes to the Financial Statements Continued For the year ended 31 August 2021
6. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Depreciation of owned fixed assets | 9,260 | 9,578 |
| Accountancy fees | 720 | 720 |
7. Staff costs and emoluments
Total staff costs for the year ended 31 August 2021 were:
| Salaries and wages Admin, management and teaching staff |
2021 £ 45,723 45,723 2021 11 11 |
2020 £ 42,189 |
|---|---|---|
| 42,189 | ||
| 2020 10 |
||
| 10 |
8. Comparative for the Statement of Financial Activities
| Income and endowments from: Donations and legacies Charitable activities Total Expenditure on: Charitable activities Total Net income Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 48,535 36,633 85,168 (64,148) (64,148) 21,020 825 21,845 |
Restricted funds £ 25,046 - 25,046 (13,395) (13,395) 11,651 364,297 375,948 |
2020 £ 73,581 36,633 |
|---|---|---|---|
| 110,214 | |||
| (77,543) | |||
| (77,543) | |||
| 32,671 365,122 |
|||
| 397,793 |
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Masjid And Madrasah Uthman Notes to the Financial Statements Continued For the year ended 31 August 2021
9. Tangible fixed assets
| Cost or valuation At 01 September 2020 Additions At 31 August 2021 Depreciation At 01 September 2020 Charge for year At 31 August 2021 Net book values At 31 August 2021 At 31 August 2020 Creditors: amounts falling due within one year Other creditors Accruals and deferred income |
Land and Buildings £ 343,586 18,703 362,289 13,283 7,025 20,308 341,981 330,303 |
Fixtures and Fittings £ 18,005 679 18,684 6,852 2,236 9,088 9,596 11,153 2021 £ 36,559 1,720 38,279 |
Total £ 361,591 19,382 |
|---|---|---|---|
| 380,973 | |||
| 20,135 9,261 |
|||
| 29,396 | |||
| 351,577 | |||
| 341,456 | |||
| 2020 £ 39,845 1,720 |
|||
| 41,565 |
10. Creditors: amounts falling due within one year
11. Movement in funds
Unrestricted Funds
| Balance at | Incoming | Outgoing | Balance at | |
|---|---|---|---|---|
| 01/09/2020 | resources | resources | 31/08/2021 | |
| £ | £ | £ | £ | |
| General | ||||
| General Fund | 21,845 | 64,662 | (54,644) | 31,863 |
| 21,845 | 64,662 | (54,644) | 31,863 |
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Masjid And Madrasah Uthman Notes to the Financial Statements Continued For the year ended 31 August 2021
Unrestricted Funds - Previous year
| Balance at | Incoming | Outgoing | Balance at | |
|---|---|---|---|---|
| 01/09/2019 | resources | resources | 31/08/2020 | |
| £ | £ | £ | £ | |
| General | ||||
| General Fund | 825 | 85,168 | (64,148) | 21,845 |
| 825 | 85,168 | (64,148) | 21,845 | |
| Restricted Funds | ||||
| Balance at | Incoming | Outgoing | Balance at | |
| 01/09/2020 | resources | resources | 31/08/2021 | |
| £ | £ | £ | £ | |
| Building Fund | 375,948 | 17,987 | (18,835) | 375,100 |
| 375,948 | 17,987 | (18,835) | 375,100 | |
| Restricted Funds - Previous year | ||||
| Balance at | Incoming | Outgoing | Balance at | |
| 01/09/2019 | resources | resources | 31/08/2020 | |
| £ | £ | £ | £ | |
| Building Fund | 364,297 | 25,046 | (13,395) | 375,948 |
| 364,297 | 25,046 | (13,395) | 375,948 |
12. Analysis of net assets between funds
| Tangible | Net current | Net Assets | |
|---|---|---|---|
| fixed assets | assets / | ||
| (liabilities) | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General | |||
| General Fund | - | 4,221 | 4,221 |
| Restricted funds | |||
| Building Fund | 351,577 | 51,165 | 402,742 |
| 351,577 | 55,386 | 406,963 |
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Masjid And Madrasah Uthman Notes to the Financial Statements Continued For the year ended 31 August 2021
| Previous year Unrestricted funds General General Fund Restricted funds Building Fund |
Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ - (3,455) (3,455) 341,455 59,793 401,248 |
|---|---|
| 341,455 56,338 397,793 |
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