**Charity number: 1172052** ## **Masjid And Madrasah Uthman** **Report of the Trustees and Unaudited Financial Statements** **For the year ended 31 August 2023** ## **Masjid And Madrasah Uthman Contents Page For the year ended 31 August 2023** |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 2023** The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 August 2023. 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: 1. 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 2. 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. 3. 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 2022 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 1 of 11 **Masjid And Madrasah Uthman Report of the Trustees Continued For the year ended 31 August 2023** ## **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 Mibsons Limited 180 Birmingham Road West Bromwich West Midlands B70 6QG Approved by the Board of Trustees and signed on its behalf by ............................................................................. 29 June 2024 Mr Abdul Azeem Mohammed 2 of 11 ## **Masjid And Madrasah Uthman Independent Examiners Report to the Trustees For the year ended 31 August 2023** I report to the trustees on my examination of the accounts of the charity for the year ended 31 August 2023. ## **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: 1. 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 3. 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. Muhammad Shahid FCCA Mibsons Limited 180 Birmingham Road West Bromwich West Midlands B70 6QG 29 June 2024 3 of 11 ## **Masjid And Madrasah Uthman Statement of Financial Activities For the year ended 31 August 2023** ||**Notes**|**Unrestricted**|**Restricted**|**2023**|**2022**| |---|---|---|---|---|---| |||**funds**|**funds**||| |||**£**|**£**|**£**|**£**| |**Income and endowments from:**|||||| |Donations and legacies|2|59,994|22,339|82,333|55,744| |Charitable activities|3||||| |Masjid & Madrasah activity||54,101|-|54,101|44,883| |**Total**||**114,095**|**22,339**|**136,434**|**100,627**| |**Expenditure on:**|||||| |Charitable activities|4/5||||| |Masjid & Madrasah activity||(93,101)|(40,088)|(133,189)|(88,407)| |**Total**||**(93,101)**|**(40,088)**|**(133,189)**|**(88,407)**| |**Net income/expenditure**||**20,994**|**(17,749)**|**3,245**|**12,220**| |**Reconciliation of funds**|||||| |Total funds brought forward||52,456|366,727|419,183|406,963| |**Total funds carried forward**||**73,450**|**348,978**|**422,428**|**419,183**| 4 of 11 ## **Masjid And Madrasah Uthman Statement of Financial Position As at 31 August 2023** |**Notes**
**Fixed assets**
Tangible assets
10
**Current assets**
Stocks
11
12
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within one year**
13
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Restricted income funds
14
Unrestricted income funds
14
**Total funds**|**£**
**2023**
365,302
**365,302**
568
721
61,124
**62,413**
(5,287)
**57,126**
**422,428**
**422,428**
348,978
73,450
**422,428**|**£**
**2022**
343,859| |---|---|---| |||**343,859**| |||4,468
53,000
21,337| |||**78,805**| |||(3,481)
**75,324**| |||**419,183**| |||**419,183**| |||366,727
52,456| |||**419,183**| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Mr Abdul Azeem Mohammed Trustee 29 June 2024 5 of 11 ## **Masjid And Madrasah Uthman Notes to the Financial Statements For the year ended 31 August 2023** ## **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. 6 of 11 ## **Masjid And Madrasah Uthman Notes to the Financial Statements Continued For the year ended 31 August 2023** ## **2. Income from donations and legacies** |Donations received
Grants received
Gifts in kind|**2022**
**2023**
**Restricted**
**funds**
**Unrestricted**
**funds**
**£**
**£**
**£**
**£**
52,431
81,533
22,339
59,194
-
800
-
800
3,313
-
-
-
**55,744**
**82,333**
**22,339**
**59,994**| |---|---| ## **3. Income from charitable activities** |**Unrestricted funds**
_Masjid & Madrasah activity_
Student Fees
Educational Materials
**osts of charitable activities by fund type**
Masjid & Madrasah activity
Support costs
**osts of charitable activities by activity type**
**Support costs**
Masjid & Madrasah activity|**Unrestricted**
**funds**
**£**
91,061
2,040
**93,101**
**Activities**
**undertaken**
**directly**
**£**
91,061|**Restricted**
**funds**
**£**
-
40,088
**40,088**
**Support**
**costs**
**£**
42,128|**2023**
**£**
52,964
1,137
**54,101**
**54,101**
**2023**
**£**
91,061
42,128
**133,189**
**2023**
**£**
133,189|**2022**
**£**
44,615
268| |---|---|---|---|---| |||||**44,883**| |||||**44,883**| |||||**2022**
**£**
60,780
27,627| |||||**88,407**| |||||**2022**
**£**
88,407| ## **4. Costs of charitable activities by fund type** ## **5. Costs of charitable activities by activity type** 7 of 11 ## **Masjid And Madrasah Uthman Notes to the Financial Statements Continued For the year ended 31 August 2023** ## **6. Analysis of support costs** |**nalysis of support costs**||| |---|---|---| ||**2023**|**2022**| ||**£**|**£**| |**Masjid & Madrasah activity**||| |Admin & Management|10,445|11,174| |Premises costs|30,963|15,503| |Governance costs|720|950| ||**42,128**|**27,627**| |**et income/(expenditure) for the year**||| |This is stated after charging/(crediting):||| ||**2023**|**2022**| ||**£**|**£**| |Depreciation of owned fixed assets|9,125|9,440| |Accountancy fees|720|720| |Staff pension contributions|218|-| |**taff costs and emoluments**||| |Total staff costs for the year ended 31 August 2023 were:||| ||**2023**|**2022**| ||**£**|**£**| |Salaries and wages|83,812|59,767| |Pension costs|218|-| ||**84,030**|**59,767**| ||**2023**|**2022**| |Admin, management and teaching staff|21|15| ||**21**|**15**| ## **7. Net income/(expenditure) for the year** ## **8. Staff costs and emoluments** 8 of 11 ## **Masjid And Madrasah Uthman Notes to the Financial Statements Continued For the year ended 31 August 2023** ## **9. Comparative for the Statement of Financial Activities** |**Income and endowments from:**
Donations and legacies
Charitable activities
**Total**
**Expenditure on:**
Charitable activities
**Total**
**Net income/expenditure**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
39,174
44,883
**84,057**
(63,464)
**(63,464)**
**20,593**
31,863
**52,456**|**Restricted**
**funds**
**£**
16,570
-
**16,570**
(24,943)
**(24,943)**
**(8,373)**
375,100
**366,727**|**2022**
**£**
55,744
44,883| |---|---|---|---| ||||**100,627**| ||||(88,407)| ||||**(88,407)**| ||||**12,220**
406,963| ||||**419,183**| ## **10. Tangible fixed assets** |**Cost or valuation**
At 01 September 2022
Additions
At 31 August 2023
**Depreciation**
At 01 September 2022
Charge for year
At 31 August 2023
**Net book values**
At 31 August 2023
At 31 August 2022|**Land and**
**Buildings**
**£**
362,289
30,425
**392,714**
27,554
7,246
**34,800**
**357,914**
**334,735**|**Fixtures and**
**Fittings**
**£**
20,405
144
**20,549**
11,281
1,880
**13,161**
**7,388**
**9,124**|**Total**
**£**
382,694
30,569| |---|---|---|---| ||||**413,263**| ||||38,835
9,126| ||||**47,961**| ||||**365,302**| ||||**343,859**| ## **11. Stocks and work in progress** Stocks of raw materials |**2023**
**£**
568
**568**|**2022**
**£**
4,468| |---|---| ||**4,468**| 9 of 11 ## **Masjid And Madrasah Uthman Notes to the Financial Statements Continued For the year ended 31 August 2023** ## **12. Debtors** |**Amounts due within one year:**
Prepayments and accrued income
Other debtors
**13. Creditors: amounts falling due within one year**
Other creditors
Accruals and deferred income
**14. Movement in funds**
**Unrestricted Funds**
_General_
General Fund
**Unrestricted Funds - Previous year**
_General_
General Fund
**Restricted Funds**
Building Fund|**Balance at**
**01/09/2022**
**£**
52,456
**52,456**
**Balance at**
**01/09/2021**
**£**
31,863
**31,863**
**Balance at**
**01/09/2022**
**£**
366,727
**366,727**|**Incoming**
**resources**
**£**
114,095
**114,095**
**Incoming**
**resources**
**£**
84,057
**84,057**
**Incoming**
**resources**
**£**
22,339
**22,339**|**2023**
**£**
721
-
**721**
**2023**
**£**
4,567
720
**5,287**
**Outgoing**
**resources**
**£**
(93,101)
**(93,101)**
**Outgoing**
**resources**
**£**
(63,464)
**(63,464)**
**Outgoing**
**resources**
**£**
(40,088)
**(40,088)**|**2022**
**£**
-
53,000| |---|---|---|---|---| |||||**53,000**| |||||**2022**
**£**
1,761
1,720| |||||**3,481**| |||||**Balance at**
**31/08/2023**
**£**
73,450| |||||**73,450**| |||||**Balance at**
**31/08/2022**
**£**
52,456| |||||**52,456**| |||||**Balance at**
**31/08/2023**
**£**
348,978| |||||**348,978**| 10 of 11 ## **Masjid And Madrasah Uthman Notes to the Financial Statements Continued For the year ended 31 August 2023** ## **Restricted Funds - Previous year** |Building Fund|**Balance at**
**01/09/2021**
**£**
375,100
**375,100**|**Incoming**
**resources**
**£**
16,570
**16,570**|**Outgoing**
**resources**
**£**
(24,943)
**(24,943)**|**Balance at**
**31/08/2022**
**£**
366,727| |---|---|---|---|---| |||||**366,727**| ## **15. Analysis of net assets between funds** |**Analysis of net assets between funds**|| |---|---| |**Unrestricted funds**
_General_
General Fund
**Restricted funds**
Building Fund
**Previous year**
**Unrestricted funds**
_General_
General Fund
**Restricted funds**
Building Fund|**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
-
1,742
1,742
365,302
55,384
420,686| ||**365,302**
**57,126**
**422,428**| ||**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
-
5,594
5,594
343,859
69,730
413,589| ||**343,859**
**75,324**
**419,183**| 11 of 11