Charity registration number 1177507 Company reglstratlon numb&r 09790713 IEngland and Wales) LATIFIAH FULTALI COMPLEX LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
LATIFIAH FULTALI COMPLEX LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees MuhammadAI Hasan Mohammed Muhilh Muhammed Haque Charlty numb&r 1177507 Company number 09790713 Registered office Lodge Road West Bromwich Wesl Midlands B70 8NX Independent examiner Mohammed Yaseen ACCA Soho House 362- 364 Soho Road Birmingham B21 9QL
LATIFIAH FULTALI COMPLEX LIMITED CONTENTS Page Trustees Report Independent examinerfs report statement of financial activities Balance sheet Notes lo the financial ststemenls 6-11
LATIFIAH FULTALI COMPLEX LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial statements for the year ended 31 March 2025. 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 Companies Act 2006 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accoun15 in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" leffeclive 1 January 20191. Objectives and activities ObJectlv&s and alms The charity's objects are specifically restrided to the following.. 11 To establish a place for all Muslims, from the cradle to the grave, with stalewof-th&art facilities. 21 To advocate for the Muslims in Europe to confront the challenges in the future and live harmoniously side by side. 31 To establish a centre that promotes peace and hamiony between 811 faiths and communities. 41 Promote such other charitable purposes as may from time lo lime be determined. Slgnlflcant actlvltlgs Alhamdulillah Latifiah Fultali Complex Limited ILFCI is steadily thriving. This year, once again we have done a lot of work for LFC. We have now started the renovation work for the women's Hall of Sandwell Grand Masjid. Electricians and builders are simultaneously working on this. The fire alarm system for the entire Masjid area is currendy being installed, and a sophisticated sound system of the Masjid is yel lo bè installed. We have received a couple of quotations for this, and InshaAllah il will be undertaken as soon as possible. A group of volunteers are raising some funds for the sound system. Alhamdulillah shoe racks and bookshelves are in place now. The wudu and toilet area shall be refurbished as well. This year once again we have returned a significant amount of Qardh Hasanah.This is something we are regularly doing and are looking to continue doing this until it brings down the current balance. Our community has made this possible because of their generous donations and their detemiinalion. LFC organised a successful TV event for Ramadhan which look place al ATN Bangla. Commitments were made by viewers, some of which we have ceiVed and some of which we are yet to receive. We have started a new project in the blessed name of Ashabe-8adar for our generous brothers and sisters lo donate an amount of £100 every Ramadhan. Public beneflt The charity is a public benefit entity and the trustees confirm that they have referred to the Charity Commission's guidan on public benefit when reviewing the charities aims and objectives. Achievements and perfomiance Achievements include the completed renovation of Sandwell Grand Masjid. Financial review Financial position Overall, Lalifiah Fuall Complex Limited has raised funds lolalling £116,392 wth the expenditure for the period totalling £59.548 leaving the organisation with a surplLJS of £56.844. This leaves a surplus of £311,209 in our funds to be carried forward at 31 March 2025. Future plans The first floor of the Institute building wll be refurbished as our aim is lo accomlnodale post 16 education and other services for the community within this building. The refurbishment work of the building ladjacent lo the Masjid) will be undertaken and a few flats will be constructed. Also the prayer hall for the ladies will be renovated and made available as soon as possible. The construction of the auditorium hall which shall be rebuilt at the fire damaged area is under planning now.
LATIFIAH FULTALI COMPLEX LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Re5erve5 policy 11 Is the policy of the charity that unreslricled funds which have not been designated for a spe¢ifi¢ use should be maintained al a level equivalent to between three and six month's expenditure. The Iruslees consider that reserves al this level wll 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 lo ways in which additional funds may be raised. This level of reserves has been maintsined throughout the year. Structure. governance and management Governing document Lalifiah Fultali Complex Limited became a registered charity on 12 March 2018 (Charity Registered Number 111775071. The charity is Controlled by ils governing document, a deed of Irusl, and constitutes a limited company, limited by guarantee, as defined by the companies Act 2006. The trustees, who are also the directors for the purpose of company law, and who served during the year and up lo the dale of signature of the financial stslemenls were.. Muhammad Al Hasan Mohammed Muhith Muhammed Haque The trustees report was approved by the Board of Trustees. Muhammad Al Hasan Trust99 24 November 2025
LATIFIAH FULTALI COMPLEX LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LATIFIAH FULTALI COMPLEX LIMITED I report to the trustees on my examination of the financial slalements of Latifiah Fultali Complex Limited Ilhe charilyl for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the charity land also ils directors for the purposes of company lawl, you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial slalements of the charity are not required lo be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 1451511bl of the CharitiesAct 2011. Independent examln&rfs statement I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause lo believe that In any material respect". accounting records were not kept in respect of the Charity as required by section 386 of the Companies Act 2006. the financial statements do not accord with those records., or the financial statements do not comply with the accounting requirements of section 398 of the Companies Act 2006 other than any requirement that the financial slalements give a true and fair view, which is not a matter considered as part of an independent examination.. or the financial statements have not been prepared in accordance wth the methods and principles of the Statement of Recommended Practi for accounting and reporting by charities applicable lo charities preparing their financial slalements In accordance wth the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021. I have no concems and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the financial slalements lo be reached. M Yaseen (Jan 22, 2026 12'.19..52 GMT) Mohammed Yasoen ACCA Soho House 362- 364 Soho Road Birmingham B21 9QL 24 November 2025
LATIFIAH FULTALI COMPLEX LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Unrestrlcted funds funds 2025 2024 Notes Income from: Donations and legacies Investments 92,682 23,710 92,628 19,085 Totsl income 116,392 111,713 Expendlturg on: Charitable activities 59,548 64,596 Totsl expenditure 59,548 64,596 Net incom8 and movement in funds 58,844 47,117 R&conclllatlon of funds: Fund balances at 1 April 2024 254,365 207,248 Fund balances at 31 March 2025 311,209 254.365 The statement of financial activities includes all gains and losses recognised in the year. Al income and expenditure derive from continuing aclivilies.
LATIFIAH FULTALI COMPLEX LIMITED BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets 10 1,176,525 1,195,914 Current assets Debtors Cash at bank and in hand 11 33,296 15,784 10,302 9,447 49,080 19,749 CreditoTr: amounts falling due within one year 13 115,7331 117,3241 Net current assets 33,347 2,425 Total assets less current liabilitios 1,209,872 1,198,339 Credltors: amounts falllng due after more than one year 14 1898,6631 1943,9741 Net assets 311,209 254,365 The funds ofthe charity Unrestricted funds 15 311,209 254,365 311,209 254,365 The company is enlilled to the exemption from the audit requirement contsined in seth.on 477 of the Companies Act 2006, for the year ended 31 March 2025. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect lo accounting records and the preparabon of financial statements. The members have not required the company lo obtain an audit of ils financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial stslemenls were approved by the Iruslees on 24 November 2025 Muhammad Al Hasan Trustee Company registration number 09790713 (England and Vvalesl
LATIFIAH FULTALI COMPLEX LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity inforniation Lalifiah Fullali Complex Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Lodge Road, West Bromwch, West Midlands. B70 8NX. 1.1 Accounting convention The finanaal statements have been prepared in ardance with the Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland I'FRS 102,1 and the Charities SORP Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191. The charity Is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared In slerfing, which is the functional currency of the charity. Monetary amounts in these financial stslemenls are rounded lo the nearest £. The financial slalements have been prepared under the historical cost convention. The principal accounting policies adopted are sel out below. 1.2 Going concern Al the lime of approving the financial stalemenls, the trustees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of aontIng in preparing the financial stslemenls. 1.3 Fund accounting Unrestricted funds can be used in accordance with the charitsble objectives al the discretion of the trustees. Reslricled funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted PLJrposes. 1.4 Income All income is recognised in the Slalement of Financial Activities once the charity has entrtlemenl lo the funds, it is probable that the income will be received and the amount can be measured reliably. 1.5 Expenditure Liabilitie5 ale recognised as expenditure a5 soon as there is a legal or constructive obligation committing the charity lo that expenditure, il is probable that a transfer of economic benefits will be required in setuement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Vvhere costs cannot be directly attributed to partiCLJlar headings they have been allocated to activities on a basis consistent with the use of resources. 1.6 Tangible fixed assets Tangible fixed assets are initially measured al cost and subsequently measured at cost or valuation. net of depreciation and any impaimient losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Freehold land and buildings Fixtures and fittings Over 50 years 20% on reducing balance The gain or loss arising on the disposal of an a55et is determinèd as the difference between the sale Proceeds and the carrying value of the asset, is recognised in the slalement of financial activib"es.
LATIFIAH FULTALI COMPLEX LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Icontlnuedl 1.7 Impalrment of fixed assets At each reporting end date. the Charity reviews the carrying amounts of its tangible assets lo delemiine whether there is any indication that those assets have suffered an impaimienl loss. If any such indication exists, the recoverable amount of the asset is estimated in order lo determine the extent of the impaimienl loss lif any). 1.8 Cash an(1 cash equlvalents Cash and cash equivalents indude cash in hand, deposits held at call wth banks, other short-term liquid investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown thin borrowings in current Iiabililies. Income from donations and legacies Unrgstricted Unr9$trictgd funds funds 2026 2024 Donations and grfts 92,682 92,628 Donations and gifts Donations GiftAid 78,280 14,402 72,679 19,949 92,682 92,628 Investments Unrestricted Unrestricted funds funds 202S 2024 Rents received 23,710 19,085
LATIFIAH FULTALI COMPLEX LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 Charitable activitie5 Charitable Charitable Expenditure Expenditure 2025 2024 Depreciation and impaimienl Advertising Bank loan interest Insurance Wages Events 30,839 3,333 436 6,194 6,509 1,823 31,992 7,100 698 6,616 4,798 282 49,134 51,488 Share of support costs (see note 51 Share of governance costs (see note 51 8,973 1,441 9.861 3,249 59,548 64,596 Support costs Support Governance Costs Costs 2025 Support Governance costs costs 2024 Bank charges Equipment expensed Repairs and maintenance Postage and stationery Sofvare Telephone 152 696 152 696 61 61 7,579 7,579 10 216 320 8,825 8,825 216 320 216 746 216 746 Accountancy fees Legal and professional 1,351 90 1,351 90 1,356 1,893 1,356 1,893 8,973 1,441 10,414 9,861 3,249 13,110 Analysed betteen Charf(able activits'es 8,973 1,441 10,414 9,861 3,249 13,110
LATIFIAH FULTALI COMPLEX LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 Net movernent in funds 2025 2024 The net movement in funds is slated after chargingllcreditingl.. Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets 1,351 30,839 1,356 31,992 Trustees None of the trustees lor any persons connected wlh them) received any remuneration or benefits from the charity during the year. Employees The average monthly number of employees during the year was". 202$ Number 2024 Number There were no employees whose annual remuneration was more than £60,000. Taxation The charity is exempl from lax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied lo its charitable objects. 10 Tangible fixed assets Freehold land Flxtures and and bulldlngs flttlngs Total Cost Al 1 April 2024 Additions 1,186,605 9,950 141,177 1,500 1,327,782 11.450 Al 31 March 2025 1,196,555 142,677 1,339,232 Depreclatlon and Impalrment Al 1 April 2024 Depreaation charged in the year 23,732 23,931 108,136 6,908 131,868 30,839 Al 31 March 2025 47,663 115,044 162,707 Carrylng amount Al 31 March 2025 1.148.892 27,633 1,176,525 Al 31 March 2024 1,162,873 33,041 1,195,914
LATIFIAH FULTALI COMPLEX LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 11 Debtors 2025 2024 Amounts falling due within one year: Other debtors 33,296 10,302 12 Loans and overdrafts 2025 2024 Bank loans 12,754 22,080 Payable wthin one year Payable after one year 10,648 2,106 10,213 11,867 13 Creditors: amounts falling due within one year 2025 2024 Not9$ Bank loans Trade creditors Other creditors 10,648 3,117 1,968 10,213 4,163 2,948 15,733 17,324 14 Creditors- amounts falling due after more than one year 2025 2024 Notes Bank loans Other creditors 2,106 896,557 11,867 932,107 898,663 943,974 10-
LATIFIAH FULTALI COMPLEX LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 15 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as lo how they may be used. These Indude designated funds which have been sel aside out of unreslricled funds by the trustees for specific purposes. At 1 April 2024 Incoming resources Resources At 31 March expended 2025 General funds 254,365 116,392 159,5481 311,209 Prnvlous yoar: Al 1 Aprll 2023 Incoming rosources Rou8S At 31 March expandad 2024 General funds 207,248 111,713 164,5961 254,365 16 Analysis of net assets between funds Unrestricted funds 2025 At 31 March 2025: Tangible assets Current assetsllliabililiesl Long temi liabilities 1,176,525 33,347 1898,6631 311,209 Unrestricted funds 2024 At 31 March 2024: Tangible assets Current assetsllliabililiesl Long temi liabilities 1,195,914 2,425 1943,9741 254,365 17 Related party transactlons There were no disclosable related paty transactions during the year12024 - none).