Registered Charity Number 1177268 ALNOOR CULTURAL & EDUCATIONAL TRUST REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 December 2023 Apex Associates LLP Accountants and Tax Consultants Apex Chambers 58-A Ilford Lane Ilford Essex IG12JY
ALNOOR CULTURAL & EDUCATIONAL TRUST Report and accounts Contents Page SldiLmLnt ofTrustCC%' ILSP(Insibililie8 ALcnuiilLints' i'epi)rl Income and l.'.xpcii(lilurL aLLt)Iinl Llalancc shLcl Ni)It% lo thc aLc()uii15 Delailed St¥lL'nlLnl ol. Financial ALlivitie5 8-10
ALNOOR CULTURAL & EDUCATIONAL TRUST Charity Information Trustees Mi.. Daud.lunej Mi.. Ali Na5soI' Ali Mi.. Abdallah Said Uthman- Cliairmun Mi.. Mbarak HLJ%seiii Mi'5. A51iJ Abd#llJh Mi.. Mbarak l-l All). Mi.. Oiiiar Salim Aii'xdli Mi's. Falma Aiiiiii s11(1 M1.. Ahined Ali Mi'%. Farida M Ally Accountants Aftab Aliiii<id Khai) Apex A%sociale8 1.1.1? AcL()Iiiilanl% and-faN Lon5ulian15 58-A Illoi'd Laiie ICJI 2.ly Bankers LcicL'stei' LE87 2BB Registered office 170 (iascoignl Iload Bal'king ICIl17L14 Registered charity number 1177268
ALNOOR CULTURAL & EDUCATIONAL TRUST The port of the trustee5 for the perlod ended 31 Decemb8r 2023 Introduction Structure, Governance and Managem8nt Governing document Risk rnanagement Independent Examin•r Aftab Ahmad Khan FMAAT. A Apex Associates LLP AccouTFtants and Tax Consultants 5&A Ilfoid Lane Essex IG1 2JY Statement of Trustees. ReBpon$ibilitles This report was approved by t board of ItU51ee$ on L É f61 Abdxllah Sgld OthmAn Chairman
ALNOOR CULTURAL & EDUCATIONAL TRUST Independent Examiner's Report to the trustees of the charity Report of the Independent Examiner to th& trustaes on the accounts of the Charkty for the period ended 31 D&cember 2023 Liiglland & WAILS. LIILlii'e Ai)I'il 2UOi ievised in Junc 200¥.1'l'he %()IllJl. undL1' Ihe hi%lorical Liisi convention RgSP8Ctive responsibilitios of trustees and examiner As described. Ihi C'.ha1'1t> % Ii'u%iee8 al'c I'cstx)n5ibl¢ l()r the piLpailIan ol. Ilie liiiaiiLial slatLmcnls.'I'lie Ii'u%¢ees JrL' salisfiL(I Ilial Ihe aLidit I'cquirLmeiil of %eclioii 14411 l ol. Ihe C hai'iliL5 ALI 2Ql I IihL' ALI) does not appl}.. a Lx)nsequLnce. the tl'U5tee5 havc ¢le¢ied that the tinanLial slalement bL subjecl ia inderKn(l¢ni exart)ination. Having saiisfiLd myself ihat thc chai'ily is nai subjeet lo audil. aiid [.% eligibl¢ li)r lndendCnt cxatnination. il is In) al elaminc the ac¢ou1118 undei. scction 145 of the Act: bl ti) folloiv the pi'oceduir5 laid doiirn in tlle Cieneral Diieclioii% gii'en by thL' C.hai'ily Commission under qeciion 14i15llhl ofihL Act: and.. cl lo slate ivheihL'r paiticulai. matters havL Lume li) niy aiienliun. Basis of opinion and scopo of work undertaken i()nduLied Iny cxainiiiatiun in a¢¢ai'dancc iviih Ihe Geneial DiiL"cIiviis biiven by the Chai'il) ('.omtni.s%i()nLI'S Ioi. Englaiid & Wale% iii IrlJti(In io Ihe ci)nduciing ol- indei)¢iid¢nl LNaminaiion. iefcrird t(1 ubvi'e. An indcFcndeiil examinalion includes J li'VlL'¥I l)I' Ihe accounting rLLvrd% kept b>, tlIL C hai'il). aiid of IhL aeei)unting s)'516ms emplo)'L by Ihe Lhai'ity and a compari.%on of Ihc linJn¢ial slaiemen15 Plf5¢111ed with thi)sL records. 11 als(1 include.% ciinbideration of any unusual ileins 1)I' di.%cli)surLS in Ihe liiiancial stat¢meiii% . and scckingj explanaticin rri¥m y()u as Iruslees caiicerning such IHJiiei'%. The purposL L)I'ihe ¢Narninalic)n is 1() L8tablish as lir a5 1)Ixqsible thai IhLre have been no bi'eaLhes of the Lh£lfitlL'5 ILgislation and that ihe linancial slalLinenls comply with Ihe SORP. on a te8t basis. ot cvidLn¢e relevant io the amounls aiid di.%clo.%UlLS in Ihe Iinancial slatLm¢nls. The pi'occdurLs underiakett do not piy)vide all the evidLnLL' Ihai ¥vould bc rcquii'ed in an audit . and infnrrnation supplied b). IhL' Iruslee% in the course of Ihe examinalion 15 not 8ubjLct¢d io audit iests oi. enquii'ie%. and Lonseqiiently I do nol eNpre%% an audil opinion on Ihc i'icH' giiveii b). the lindnLial siaieinenis. aiid in pariicular. expi'ess no opini()D 4% l(1 wliLthLI' Ilie linancial statcinciils giiie a true and tair viei4' (>l-the affoii¥ i)I'the charity, and my ib limited In ihe maiteis Sct oul in the Etaternvnt iK.Ioiv. I planned and pErloi'med my examinaiion so lo satisty tn)rseifihai Ihe objcctives ofihe indepLndini examination arL dchieved and bcforL linalising the ieport l obtain wrillen a%suraniis fri)m the Iru5tccs ol'all maierial mdttelE. Independent Examlnor's Statement, report and oplnion In ronneclion with my exan)inaiion, no mdllei. lia% come lo my utienii(>n in conncLlion iviih my ehaminalion whiLh give5 me r¢a50nable cause ti) belicvc thal in any m&tei'ial 11SPLLi ihe IEquireincnts
lilio keep accounliilg recL)i'd% in aL¢0111Ce ivith seclioii 130 (If tlie Act; lill to i)IrpaiL' linancial slalLinenl8 11,hich acco1 i¥iih the accounting reLOi'd5 aiid comply w'ith Ihe accounting IEqLIIILmeiil% (if IhL Act and.. liiil Ihat IhL f11141n¢l£i1 %t<llLmLnls be 'cl]lld in aecui'd&nL¢ i¥iih IhL mLlhi)d5 aiid pi'inciplcs 8ei aui in Ihc SiaiernLnt ol. RecomiiiLiided PractiLL ALL()unting and Rcpoi'ling by Lhai'ittL'S have bccn rnet: oi. lo iiliiLlI. in Tn), opinion. atl¢nlii)n %hould bc draivn in Iny rLwrl in oi'dei. to cndbl¥ a pi'i)per undcr51andiiig i)i-Ilic aLcoun15 ti) br IWLhed. Aftab Ahmad Khan FMAAT, ATT Apex Associates LLP Accountan15 and Tax Consultants 58-A Ilford Lane Essex IG1 2JY Dale
ALNOOR CULTURAL & EDUCATIONAL TRUST Statement of FinancFal Activities For Th8 Period Ended 31 Decèmber 2023 NOTE¥ 2023 2022 Incoming resources Incoming resources from generated funds Voluntaiy incorne Other Incoming Resources 233,219 226,439 Total incoming resources 233.21 226.439 Costs of charitable activities Total resources expended 199.255 199.255 1171,835 1171,835 Nel income Illossl resources before transfers between funds 33.4 54.605 Total funds brought forward 167,478 112.678 Totsl Funds carried fOard 201,442 167,478
ALNOOR CULTURAL & EDUCATIONAL TRUST Statement of Financial Activities For Th& Poriod Ended 31 De¢&mb&r 2023 Incomè and Expenditure Account For The Period Ended 31 December 2023 2023 2022 Voluntary in¢ome 233.219 226,439 Other operating income Costs of charitable activities 1199.2551 1171.8351 Gross surplusl Ilossl 33.984 54,605 Surplus I1105s1 on ordinary actwitie5 before tsx 33.964 54,605 Suiplus I Ilossl for the finanaal year 33,964 54,605 Gift AKI Payments Retained surplus I (Ioss) for the finan¢ial year 33,964 54.605
ALNOOR CULTURAL & EDUCATIONAL TRUST Balan¢& Sheet as at 31 Dè¢&mbèr 2023 Notes 2023 2022 The assets and liabilities ol the charity.. Fixed assets Tangible assets Total fixed assets Current asset8 Debtors Cash at bank and in hand Total current assets 696.388 6l)(}.3HX 697,Q77 01)7.077 51J.545 44.531 224.502 180.867 Amounts due within one year Net current assets 7 132.3891 23.4071 157.460 Total assets les8 ojrrent liabilities 8X8.5QI 854.537 Net asset5 including pension asset I liability The funds ol the charity Unrestricted Income funds Unrestricted venUe ac¢umulated funds 854.537 8 888.5UI 854.537 Total Funds 888.51)1 854.537 The finan ial statements were approved by the 8oard of Trustees Slgned on ils behalf by.. A Na$$or- Trustee M Hussein . Trustèe
ALNOOR CULTURAL & EDUCATIONAL TRUST NOTES TO THE A¢¢ouNTS FOR THE PERIOD ENDED 31 December 2023 Aecountlng poli¢ie8 Accounting convention Incoming Resources Re¢ognition of liabilities Libiliti¢5 alr 1.ccobjiiid un Ilie ccruals ha%is in arrordaiiLe iyilh normal accouiiling pi'inciples. n)odified Ivhere nLcLssar)' iii acior(lanLL i%'iili Iht guidaiicc giveii in Ihe SORP. Taxation Funds structure pollcy 4uch luiths fflay bt lield in ordcr to IhLm. A tixed assLI I'und 1% Inaillla1ncd ivliiLh rL'prcscnis the ivi'ill¢ii dLi%vn value of iaiigible fixcd a55ets. aiid 1% divided into a re%lriciLd fi.xcd a55el tund rcP1LIInB IhL ivriiicn doivn vdliie of Ihosc as18 5ubjecl lo freL ol- r¢s11'1Ltions. 'I'hL JLldilLd opiraiioii ofr. th¢%¢ I'uiids is described uiider Ihc accounlinb P()IIL}' Capital There is no loi'mal policy ofiranslei. b¢liveen fLinds or on Ihe allocation of fuiids io designaicd funds. oili¢i' than thai described ubvve. Any (Iilier piDrA)sed Iransfci. bctivcen funds ¥¥ould be con%id¢red on Ihc pfjrlicular ciyeiimslanccs. 2 Wlnding up or dlssolutlon of the ¢harity Ir upoii ivindinB up or dibsoluii()n ofihc cliai'il). Iheii rLmain any 5¢1 aftei. Ihe saiisfaciion ofall dcbt5 aiid oi. bodiLb haviiig 5irtJilar obj¢¢l% lu thL Lhdrii>. 2023 2022 Revenue Tuinovèr from ordinary activities 233.2 ly 226.439
ALNOOR CULTURAL & EDUCATIONAL TRUST NOTES TO THE AccouNTS FOR THE PERIOD ENDED 31 December 2023 3 Staff Costs and Emoluments 2023 2022 CTIUSS Salarte5 Y8.914 (A.124 'rhcir iio ctnplo)'¢¢s i%illi emolurnLnl% in exccss o1'£611.11110 pei. aiiiiut Trustees, Remuneration NLiihLr Il)¢ Iriisl¢es nor dn), per%Dns coniiccl¢d Iviih Ihein have received ally Irmuncri¢ Ilon. L'iihtr in Ihe cuixrnt y¢ar oi. IhL prioi. year. S Tanglble functional flxed asset¥ Freehold Land and buoldlngs Vehlcle5 Total Asset cost, valuation or revalued amount 690.188 9.450 699.638 Addilion5 Al 31 F)eccmbcr 2023 690.188 9.450 699.638 Accumulated depreciation and impairment provision5 Al l JaDiiai-), 2023 Chai'gc for Ihe ycar Al 31 DeL¢mher 2023 12.5611 16891 13.2501 12.5611 16891 13.25UI Net book value Al 31 DeLembcr 2023 690.188 6.200 696.38 Al l Jhnuary 2023 690.188 6.200 696.388 6 Debtors 2023 Prepaym¢Jils Inter¢si frLL loan 2.295 4¥.250 50.454 7 Creditor9= amounts falllng du• withln one year 2023 Accrurd e¥pensLS 1.304 8.275 22.811 32.389 Inlcrc51 free loan
ALNOOR CULTURAL & EDUCATIONAL TRUST NOTES TO THE AccouNTS FOR THE PERIOD ENDED 31 December 2023 Unreslrlcted revenue accumulated fund8 2023 2022 Al l Janu&i'}, 2023 854.537 799.932 33.964 54.6115 Ai 31 Dccen]btr 2023131 DeLeinber 2022 ¥88.501 854.537 10
ALNOOR CULTURAL & EDUCATIONAL TRUST Schedule to the Statement of Financial Activities For The Period Endad 31 December 2023 Unrestricted Fund8 2023 Total Funds 2023 Unrestricted To¢al Funds Funds 2022 2022 Incomino Resour$ Voluntary Income 233,219 233,219 226,439 226,439 Total Voluntary Income 233.219 233.219 226,439 226,439 Other Incoming Resources Other operating incorne Total Other Incoming Resources Total Incoming Resourc¢s 233.219 233,219 226.439 226 439 Costs Df generating funds Direct support cosls Gros5 wa9$$ and salari85- charitable activities Staff training and welfare 98,914 98,914 984 64.124 18,887 64,124 18,867 99,898 99.898 82,991 82.991 Premises Costs Rates. water and setvio charges Insurance 3.153 2,151 6,617 16,684 28.605 3,153 2.151 6,617 16.684 28,605 2.048 2,286 2,573 2,048 2,286 2,573 9.488 16,395 ghl and heat Repairs and renewals General admlnlslratlve expenses.. Telephone and fax Bank charges Motor 8xpen5es Stationery and printing Other legal and prof D8precialion Equipment hir8 639 639 596 596 2,665 841 2.665 841 265 3.652 1,353 422 3.652 1.353 422 265 8,994 8,994 689 4.310 765 4,310 765 3,495 17,588 3.495 17.588 2,936 2,935 14,034 Professional fees in support of charitable aciivibes Advertising and PR Donations Accountancy fees 624 50,79D 1,750 53,164 624 50,790 1.750 53,164 1,789 55.403 1,222 56,414 1,789 55,403 1,222 58,414 Total Support costs 199.255 199 255 171,834 171 834 Net incune I Ilossl resources 33.964 33,964 54.605
ALNOOR CULTURAL e4 EDUCATIONAL TRUST REGISTRATION NUMBER: 1177268 TRUSTEES ANNUAL REPORT- YEAR ENDING 31" DEC 2023 Introduction Alnoor CultLAral & Educational Trust operates as a Charitable Incorporated Organisation, with its main address at 170 Gascoigne Road, Barking, IG117LH. Registered with the General Registrar UK as a place of religious worship in the 8orough of Barking and Dagenham, the Trust's physical presence signifies its unwavering dedication to its mission. Organisational structure Operating with a flat structure, the Trust places its governance responsibilities squarely on the shoulders of dedicated trustees. These individuals generously volunteer their time, embodying a core ethos of service to ensure that the organization's resources are directed effectively towards its charitable objectives. Monthly trustee meetings serve as the forum for crucial decision-making, covering matters concerning the Trust, community facilities, and related activities. Recruitment and Appointment of Trustees Trustees are chosen from respected members of the faith actively involved in the local community and the Trust's work. Consideration is given to their involvement in Trust events, willingness to volunteer, eligibility, competence, and relevant skills. Activities and Community Impact The Trust envisions its Mosque as a welcoming space, open to Muslims and non- Muslims alike. With a focus on accessibility and inclusivity, the mosque hosts 5 daily prayers, Friday congregations, religious festivals, Mortuary, Funeral and Matrimonial Services, alongside a variety of social and educational activities. Our overarching strategy aims to foster understanding and harmony, providing a platform for individuals to learn about Islam and CLtltivate an inclusive and welcoming environment. The Trust's activities extend beyond religious services, encompassing educational programs, community welfare initiatives, and events promoting interfaith dialogue. These endeavours contribute not only to the spiritual growth of Mosque attendees but also positively impact the broader community of Barking and Dagenham.
Volunteerism and Safety Measures Volunteers play a crucial role in the Trust's faith and community work. Over 10 individuals regularly contribute their time, demonstrating a collective commitment to the organization's mission. To ensure the safety of those involved in projects with children or vulnerable groups, the Trust diligently conducts DBS checks, reflecting its dedication to ethical and responsible volunteer engagement. Grant-making and Disaster Relief Participation in disaster appeals is a significant aspect of the Trust's global outreach. Mosque attendees generously contribute to appeals facilitated by reputable UK charities, allowing for targeted and effective aid distribution to areas affected by natural disasters worldwide. Our objective and Vision for the Future Our primary objective for this year is to secure planning permission for the complete rebuilding of the Mosque and associated facilities. In February 2024, plans were submitted to the local authority for pre-approval. The redevelopment project is envisioned to be a transformative endeavour that goes beyond the physical structure, aiming to create a dynamic and inclusive space that addresses the multifaceted needs of the local community. We envision Masjid Alnoor not only as a spiritual hub but also as a vibrant centre for educational and social empowerment Our plan for the future is not just about constructing a building, it's about building a brighter, more connected, and vibrant future for the diverse community we proudly serve. Financial Challenges and Outlook for the Coming Year5 The Trust did well last year despite some challenges, as we assess the financial landscape for the upcoming years,- the Trust anticipates several challenges that warrant careful consideration and strategic planning. 1. Operational Costs: The ongoing operational costs, including utilities, maintenance, and staff salaries, are expected to rise due to inflation and market fluctuations, balancing these expenses while maintaining the quality of services will require vigilant financial management. 2. Infrastructure Expansion: The proposed expansion of our Masjid to accommodate the growing community brings both promise and financial strain. Funding such projects demands substantial resources, and careful fundraising efforts will be essential to ensure the successful realization of our expansion goals.
- Economic Uncertainty: Global economic uncertainties, such as fluctuations in currency values and potential financial downturns, may impact the financial stability of the community. Prudent financial planning and risk mitigation strategies will be crucial in navigating through uncertain economic conditions.
- Funding and Community Support Donations and weekly collections at Friday prayers constitute the primary sources of income for the charity. Sustaining the financial health of the charity relies substantially on the continued support of our community members. Economic challenges faced by individuals may impact their ability to contribute regulady. Strengthening communication about the Masjid's financial needs and fostering a sense of community responsibility will be vital in overcoming this challenge.
- External Funding Sources Exploring and securing external funding sources, grants, and partnerships can diversify our financial base. Identifying compatible organizations and establishing mutually beneficial collaborations may present new opportunities to bolster our financial sustainability. In light of these challenges, the Management Committee is committed to proactive financial planning, transparent communication, and engaging the community in collaborative efforts. In conclusion, despite unprecedented challenges, the Trust remains resilient and steadfast to its mission. We extend heartfelt gratitude to our trustees, volunteers, donors, and community members for their unwavering sUPPOrt and dedication. Together, we will continue to make a positive impact in the lives of those we serve. Statement of Trustees. Responsibilities Trustees are responsible for preparing annual reports and financial statements in accordance with relevant laws and standards, ensuring transparency, compliance, and prudent financial management. Approved by the members and signed on its behalf by.. Ali Nassor Ali General Secretary Alnoor Cultural & Educational Trust