2023-12-31-accounts

For The Year Ended 31st December 2023

Charity Number: 1174750

1

TABLE OF CONTENTS

LEGAL AND ADMINISTRATIVE INFORMATION .............................................. 3 TRUSTEES’ ANNUAL REPORT .................... 4 INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS ........................................... 6 Financial Statement ........................................ 8

ii

Cambourne Crescent Annual Report

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

rustees
Name	Date of appointment	Other trusteeships
Muhaiyuddin Raza Amode	04-Aug-22	None on record
Hinar Mostafa	29-Jul-22	None on record
Jakir Chowdhury	29-Jul-22	None on record
Sobia Zaman	29-Jul-22	None on record
Sabana Parvin Rahim	12-Mar-19	None on record
Nishat Akhter	13-Oct-17	None on record
Abdellatif Salah	13-Oct-17	None on record
Lobna Rihawi	13-Sep-17	None on record
Arshad Siddiqui	25-Jul-17	None on record
Aftab Ahmed	03-Feb-11	None on record

Principal Office

30 WOODFIELD LANE LOWER CAMBOURNE CAMBRIDGE CB23 6FB

Public Contact

[e-mail] www.cambournecrescent.org

3

Cambourne Crescent Annual Report

TRUSTEES’ ANNUAL REPORT

Trustees are pleased to present their report together with the financial statements for the year ended 31 December 2023.

The charity was established with the following aims and objectives:

• The advancement of the Islamic faith for the public benefit in accordance with the tenets and doctrines of Islam and in such other ways as the trustees from time to time may think fit.

• To benefit the residents of Cambourne and the surrounding areas, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents;

• Each charitable purposes for the public benefit as are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine.

The charity spends its money for

• Fulfilling the social and spiritual needs of families living in Cambourne and the surrounding areas.

• Liaising with Parish and District Council for a community center building open to all communities and groups.

• Islamic and Arabic Language School.

• Participating and promoting all local charitable causes

The Charity is dependent on donations from individuals for its funding.

REVIEW OF PROGRESS AND ACHIEVEMENTS

2023 was another exciting year where we continued with our basic services, and we managed a number of ad-hoc functions. We also continued to gain financial stability for Cambourne Crescent.

4

Cambourne Crescent Annual Report

Some of the highlights of the year were as follows

Event	Date	Brief detail about the event
Ladies Coffee Evening	Several times during the year	When do you need an Obstetrician/Gynaecologist? A talk about life journey through Women’s Health.
Cambourne Community IFTAR	08-Apr-23	Cambourne Community IFTAR in aid of Cambourne Community Project
EID AL FITR	21-Apr-23	Event of Eid Prayers
EID AL ADHA	28-Jun-23	Event of Eid Prayers
Eid Al-Adha Get-Together	29-Jun-23	EID daycelebration arranged for the community
Wills Workshop	30-Sep-23	Event to discuss Will making ways as per Islamic guidance
Rabi’al-Awwal Meet-Up	30-Sep-23	Seerah Competition & family get-together
Salah Challenge	03-Dec-23	Salah challengeprize distribution

Financial review

Going concern

The charity has maintained its financial sustainability by means of continuous donation via standing order donation and face-face collection. This has resulted in regular inflow of funds to maintain charity activity. We have managed to maintain healthy reserves and therefore, the trustees have a reasonable expectation that the charity has adequate resources to continue its operational existence for the period to December 2024. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Reserves policy

The Trustees regard the equivalent of three months operational expenses as an appropriate level of reserves. The present level of funding is considered adequate by the trustees to run the activities of the charity.

5

Cambourne Crescent Annual Report

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

Independent examiner’s report to the trustees of Cambourne Crescent

I report on the accounts of the Society for the year ended 31 December 2023, which are set out on pages 8 to 11.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

• examine the accounts under section 145 of the Charities Act,

• to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and

• to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

6

Cambourne Crescent Annual Report

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did 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 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.

Date: 30[th] October 2024

Name: Bilal Iqbal Management Accountant

Address: 6 Pine Grove, Farnworth, BL4 0BJ

7

Cambourne Crescent Annual Report

FINANCIAL STATEMENT

Statement of Financial Activities For year ended 31 December 2023

Notes Income Restricted Donations Unrestricted Donations Total Expenditure Charitable activities - restricted 2 Charitable activities - unrestricted 2 Total Net Income RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	2023 73170 111,648 184,818 (10,349) (34,885) (45,234) 139,584 102,115 241,699	2022 12,474 42,821
		55,295
		(7,349) (21,909)
		(29,258)
		26,037
		76,078
		102,115

All amounts relate to continuing activities of the charity.

The Statement of Financial Activities includes all gains and losses recognised in the year. The notes to the accounts are shown on pages 10 to 11.

8

Cambourne Crescent Annual Report

BALANCE SHEET

AS AT 31 December 2023

Notes Current Assets Cash and bank balances 3 Total Creditors Net Assets Funds Restricted Funds Unrestricted Funds Total Funds	2023 241,699 241,699 - 241,699 222,338 19,361 241,699	2022 102,115
		102,115
		-
		102,115
		82,056 20,059
		102,115

The notes to the accounts are shown on pages 10 to 11.

The financial statements were approved by the Board of Trustees on 30th October 2024 and signed on their behalf by:

Aftab Ahmed

9

Cambourne Crescent Annual Report

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 December 2023

1. Accounting Policies

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention, and in accordance with the Statement of Recommended Practice (SORP), 'Accounting and Reporting by Charities' published in March2005.

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of Trustees in furtherance of general activities of the charity which have not been designed for other purposes.

Restricted funds are to be used in accordance with particular purposes for which the funds were raised by the charity. Any difference in expenditure and income is to be transferred to the general fund except for Zakah Fund.

Income

All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured.

Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred.

10

Cambourne Crescent Annual Report

2. Charitable activities

Congregation expenses School running expenses Catering and Food Zakat / donation Other Total 3. Cash and bank balances Balance as at 31 December 2022 Income during the year Expenses paid during the year Closing balance as at 31 December 2023	2023 2022 3,934 3,681 26,526 15,560 4,039 4,006 10,735 11 - 6,000 45,234 29,258 Restricted Unrestricted 82,056 20,059 140,282 - - (698) 222,338 19,361	2022 3,681 15,560 4,006 11 6,000
		29,258

3. Cash and bank balances

4. Trustee Remuneration and Expenses

During the year, no Trustees received any remuneration or other benefits (2022: £Nil)

11