ISLAMIC BROTHERHOOD STATEMENT OF FINANCIAL POSITION AS AT31 DECEMBER 2023 2023 2022 Note5 Flxed assets Propety, plant and equipment 951,855 927.441 Current assets Trade and other receivables Cash al bank and in hand 10 434,724 277.870 414,419 345,664 712394 14,664) 760.083 12,191) Current Ilabilities 11 Nel curienl assets 707.730 757,892 Total assets less current Ilabilities 1,659,585 1,685,333 Income funds Restricted funds Unrestricted funds 430,000 1,229,585 410,000 1.275.333 1,659,585 1,685,333 The financial statements were approved by the Tiustees on 15 January 2024 Mr M Arif Chairperson ISLAMIC BROTHERHOOD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestrlcted Restrlcted funds funds 2023 2023 Total Unrestrlcted Restricted funds funds 2022 2022 Total 2023 2022 Notss Income from: Donations and legacies Charitable aclivrlies 86,266 8.468 86,266 8,468 129,153 8.029 129,153 8.029 Total incoffte 94.734 94,734 137,182 137,182 Ex enditure on: Charitable activities 14fl.482 140,482 100,658 100,658 Net income for the yearl Net movement in funds 45,748 45748 36,524 36,524 Fund balances at 1 January 2023 1.275,333 430.OIXI 1.705,333 7,238.809 410,000 1,848.809 Fund balances at 31 December 2023 1,229.585 430,000 1.659,585 1,275,333 410,000 1.685,333 The slalement of financial activities includes all gains and losses recognised In the year. All Income and expenditure ¢Jerfve from continuing activllies. ISLAMIC BROTHERHOOD . TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees present their annual report and financial statements for the year ended 31 December 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial slalements and comply with the charity's Deed of Trust, the Charities Act 2011 and Accounting and Reportlng by Charities. Statement of Recommended Practice applicable lo ¢harilies preparing their accoun15 in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 102}" leffeclive 1 January 20191. Oblectives and actlvltles The Trustees of the charity working and performing their duties within the defined parameters of governing documents as some of the objectives are listed as an example below. To serve. manage, maintain and develop the Noorul-lslam Jamia Imosquel Coventry (Eagle Street} as the main religious. educational and cultural centre for The Alh-e-sunnal Ul-Jamaal organisalion who follow the Brailvi movement of the Sunni Hanali school of thought Imadhab} in Islam jurisprudence {Fiqhl within the framework of Quran and Sunna. b. To recruit and appoint an Imam who is educated or qualified the the Hanafi Brailvi Fiqh and lo ensure that the can any of his assistant staff duly appointed carry out their duties in accordance with the leaching and spirit of the Hanafi 8railvi school of thought as defined13al above in this constitution. To manage the performance of the Imam and all staff recruited al least annually. d. To ensure that Daily Prayers (Salahl are conducted al the specifie limes. To arrange those special prayers on occasions of month of Ramadhan Ilarawihl, Eid-ul-Filr and Eid-ul-Adha and other religious festivals are performed and associated facilities and arrangements are provided for the benefit of the Muslim congregation. The policies adopted in furtherance of these objects are consislenl and there has been no change in these during the year. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity shoLJld undertake. Achlevemonts and performancg Financlal revlew 11 is the policy of the charity that unrestricted funds which have not been designated for a specifi¢ use should be maintained at a level equivalent lo betr￿en three and six month's expenditure. The Trustees consider that reserves al this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of ￿SerVeS has been maintained throughout the year. The Trustees have assessed the major risks to which the charity Is exposed. and are satisfied that systems are in place to mitigate exposure to the Major risks. StwCtU￿. governance and management Islamic Brotherhood is registered with Charity Cornmission (No.11723911 and consliluled by Deed of Trust. The Trustees ￿port was approved by the 808rLt of Trustees. Mr M Arif Chalrperson 16 May 2024 ISLAMIC BROTHERHOOD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 11 Current liabilitles 2023 2022 Trade payables 4,864 2191 12 Analysis of net assets between funds Unrèstricted Restricted funds funds 2023 2023 Total Unrestricted Restrictsd funds funds 2022 2022 Total 2023 2022 Fund balances at 31 December 2022 are represented by.. Property. plant and equipment Current assetsl(liabililiesl 951.855 687,730 951,855 687,730 927,441 757,892 927,441 757,892 1,639.585 1,639,585 1,685,333 1.685,333 13 Related party transactions There We￿ no disclos8ble related paty transactions during the year12023- none).