Kurdish Islamic Centre and Masjid Salauddin
Report of the Trustees for the Year Ended 31 December 2024
Charity Registration Number: 1177758 Company No.: CE013677 Registered Office: 61–63 Old Town Road, Hanley, Stoke-on-Trent, ST1 2JS
Trustees:
-
Idris Omar Said
-
Farouk Farage
Structure, Governance and Management
The Kurdish Islamic Centre and Masjid Salauddin is a charitable incorporated organisation registered with the Charity Commission on 29 March 2018. The trustees manage the general control and administration of the charity, meeting monthly to oversee operations of the Mosque and community centre. Subcommittees handle finance, building management, and activities, reporting back to the main trustee board. Trustees and subcommittee members serve voluntarily without remuneration.
Recruitment and Appointment of Trustees
New trustees are recruited based on community involvement and recommendations from elders and leaders. Potential trustees attend meetings as observers before formal appointment, ensuring suitability, competence, and commitment to the charity’s aims.
Risk Management
Trustees regularly assess potential risks and maintain a risk matrix identifying major threats and mitigation measures.
Objectives and Activities
Aims
To develop and promote Islamic faith and education in Stoke-on-Trent and Newcastle-under-Lyme, and to provide a welcoming community facility for all.
Objectives
-
To offer a place of worship for Muslims.
-
To provide a community facility for all residents, fostering peace, understanding, and harmony.
-
To strengthen the faith and confidence of local Muslims.
Strategy
We aim to make our Mosque an accessible and inclusive venue where Muslims and non-Muslims can learn about Islam and engage in communal worship and education.
Activities and Achievements
Public Benefit
The Mosque’s activities advance faith, education, and community welfare for the benefit of the public.
Religious Services
The Mosque remains open daily for prayers, attended by around 80 worshippers for daily prayers
and 300 for Friday prayers. Ramadan iftars and Eid celebrations included communal meals and family events.
Islamic Awareness
Hosted lectures to promote Islamic knowledge and understanding. Held an open day in April 2024 for a local primary school, where visitors learned about Islam and the Mosque’s role in the community.
Interfaith & Community Work
Active member of the Stoke-on-Trent Interfaith Forum, promoting dialogue and social cohesion. Our community hall hosts educational and recreational programmes open to all, supported by volunteers and donations.
Use of Volunteers
Over 30 volunteers assist with Mosque operations, classes, and events. All volunteers working with children or vulnerable groups are DBS-checked.
Conclusion
The trustees are committed to sustaining the Mosque as a centre for worship, learning, and community harmony. Through our ongoing activities and cooperation with local groups, we strive to serve both Muslims and the wider community of Stoke-on-Trent.
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN
Charity No. 1177758
Company No. CE013677
Trustees' Report and Unaudited Accounts
31 December 2024
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Contents
| Pages | ||
|---|---|---|
| Trustees' Annual Report | 1 | |
| Statement of Financial Activities | 2 | |
| Summary Income and Expenditure Account | 3 | |
| Balance Sheet | 4 | |
| Statement of Cash flows | 5 | |
| Notes to the Accounts | 6 | |
| Detailed Statement of Financial Activities | 7 to to | 13 |
Page 1
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN
Trustees Annual Report
CHARITABLE INCORPORATED ORGANISATION
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 December 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. CE013677
Charity No. 1177758
Principal Office
61-63 Old Town Road Hanley Stoke-on-Trent ST1 2JS
Registered Office
61-63 Old Town Road Hanley Stoke-on-Trent Staffs ST1 2JS
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
F. FARAGE I.O. SAIED H.O. SALEH
Accountants
SA ACCOUNTS PRACTICE 123 MOORLAND ROAD STOKE-ON-TRENT STAFFS ST6 1JH
OBJECTIVES AND ACTIVITIES
The purpose of the charity as set out in its government document is the advancement of Islamic religion and the advancement of education , In particular but not exclusively in the areas of Islamic teaching and the Arabic languages
The main activities undertaken in relation to those purposes to establish common ground to promote good relations between persons of different faiths and promoting knowledge and mutual understanding and respect of the beliefs and practices different religious faiths.
Page 2
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Trustees Annual Report
larger charity must provide an explanation of its aims, including details of the issues it seeks to tackle and the changes or differences it seeks to make through its activities...
A larger charity must provide an explanation how the achievement of its aims will further its legal purposes...
A larger charity must provide an explanation of its strategies for achieving its stated aims and objectives...
A larger charity must provide an explanation of its criteria or measures it uses to assess success in the reporting period...
A larger charity should provide a more detailed explanation of its short-term and long-term aims and objectives...
PLANS FOR FUTURE PERIODS
A larger charity must provide a summary of the charity's plans for the future including its aims and objectives and details of any plans to achieve them ...
A larger charity must provide a summary of the charity's plans for the future including its aims and objectives and details of any plans to achieve them ...
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
F. FARAGE
Trustee
31 December 2024
Page 3
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Independent Examiners Report
Independent Examiner's Report to the trustees of KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN
I report to the charity trustees on my examination of the financial statements of KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in accordance with section 386 of the 2006 Act ; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements 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 with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
SA ACCOUNTS PRACTICE 123 MOORLAND ROAD STOKE-ON-TRENT STAFFS
ST6 1JH 31 December 2024
Page 4
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Statement of Financial Activities
for the year ended 31 December 2024
| Notes Income and endowments from: Donations and legacies 4 Total Expenditure on: Other 5 Total Net gains on investments Net income Transfers between funds Net income before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2024 £ 80,393 |
Total funds 2024 £ 80,393 |
Total funds 2023 £ 903,616 |
|---|---|---|---|
| 80,393 50,699 |
80,393 50,699 |
903,616 59,279 |
|
| 50,699 - |
50,699 - |
59,279 - |
|
| 29,694 - |
29,694 - |
844,337 - |
|
| 29,694 | 29,694 | 844,337 | |
| 29,694 1,877,100 |
29,694 1,877,100 |
844,337 1,032,763 |
|
| 1,906,794 | 1,906,794 | 1,877,100 |
Page 5
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Summary Income and Expenditure Account
for the year ended 31 December 2024
| Income Gross income for the year Expenditure Total expenditure for the year Net income before tax for the year Net income for the year |
2024 £ 80,393 80,393 50,699 50,699 29,694 29,694 |
2023 £ 903,616 |
|---|---|---|
| 903,616 | ||
| 59,279 | ||
| 59,279 | ||
| 844,337 | ||
| 844,337 |
Page 6
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN
Balance Sheet
at 31 December 2024
| at 31 December 2024 | ||
|---|---|---|
| Company No. CE013677 |
Notes | 2024 |
| £ | ||
| Fixed assets | ||
| Tangible assets | 7 | 1,873,258 |
| 1,873,258 | ||
| Current assets | ||
| Cash at bank and in hand | 33,537 | |
| 33,537 | ||
| Creditors:Amount falling due within one year | 8 | (1) |
| Net current assets/(liabilities) | 33,536 | |
| Total assets less current liabilities | 1,906,794 | |
| Creditors:Amounts falling due after more than one year | 9 | - |
| Net assets excluding pension asset or liability | 1,906,794 | |
| Total net assets | 1,906,794 | |
| The funds of the charity | ||
| Restricted funds | 10 | |
| Unrestricted funds | 10 | |
| General funds | 1,906,794 | |
| 1,906,794 | ||
| Reserves | 10 | |
| Total funds | 1,906,794 |
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 31 December 2024
And signed on its behalf by:
F. FARAGE Trustee
31 December 2024
Page 7
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Balance Sheet
2023 £
1,991,131 1,991,131 43,950 43,950 (190,481) (146,531) 1,844,600 32,500 1,877,100 1,877,100
1,877,100 1,877,100 1,877,100
Page 8
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Statement of Cash flows
for the year ended 31 December 2024
| Cash flows from operating activities Net income per Statement of Financial Activities Adjustments for: (Decrease)/Increase in trade and other payables Net cash (used in)/provided by operating activities Cash flows from investing activities Payments for property, plant and equipment Net cash used in investing activities Cash flows from financing activities Repayment of borrowings Net cash from financing activities Net decrease in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Components of cash and cash equivalents Cash and bank balances |
2024 £ 29,694 (179,980) (150,286) (40,107) (40,107) 22,000 22,000 (168,393) 43,950 (124,443) 33,537 33,537 |
2023 £ 844,337 191,531 |
|---|---|---|
| 1,035,868 (1,102,777) |
||
| (1,102,777) | ||
| - | ||
| - | ||
| (66,909) | ||
| 110,859 | ||
| 43,950 | ||
| 43,950 | ||
| 43,950 |
Page 9
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Notes to the Accounts
for the year ended 31 December 2024
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 10
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Notes to the Accounts
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
-
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Page 11
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Notes to the Accounts
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
Page 12
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN
Notes to the Accounts
3 Statement of Financial Activities - prior year
| Income and endowments from: Donations and legacies Total Expenditure on: Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies 5 Other expenditure Employee costs Premises costs General administrative costs Legal and professional costs |
Unrestricted £ 80,393 80,393 Unrestricted £ 12,957 28,167 9,075 500 50,699 |
Unrestricted funds 2023 £ 903,616 903,616 59,279 59,279 844,337 844,337 844,337 1,032,763 1,877,100 Total 2024 £ 80,393 80,393 Total 2024 £ 12,957 28,167 9,075 500 50,699 |
Total funds 2023 £ 903,616 |
|---|---|---|---|
| 903,616 59,279 |
|||
| 59,279 | |||
| 844,337 | |||
| 844,337 | |||
| 844,337 1,032,763 |
|||
| 1,877,100 | |||
| Total 2023 £ 903,616 |
|||
| 903,616 | |||
| Total 2023 £ 7,917 26,909 19,810 4,643 |
|||
| 59,279 |
Page 13
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Notes to the Accounts
| 6 Staff costs Salaries and wages No employee received emoluments in excess of £60,000. 7 Tangible fixed assets Cost or revaluation At 1 January 2024 Additions At 31 December 2024 Net book values At 31 December 2024 At 31 December 2023 8 Creditors: amounts falling due within one year Bank loans and overdrafts Other creditors Accruals 9 Creditors: amounts falling due after more than one year Other creditors 10 Movement in funds At 1 January 2024 Restricted funds: Unrestricted funds: General funds 1,877,100 Total funds 1,877,100 |
2024 12,957 12,957 2024 £ - - 1 1 2024 £ - - Incoming resources (including other gains/losses ) £ 80,393 80,393 |
£ 1,833,151 40,107 1,873,258 1,873,258 1,833,151 Resources expended £ (50,699) (50,699) |
2023 7,917 |
|---|---|---|---|
| 7,917 | |||
| £ 1,833,151 40,107 |
|||
| 1,873,258 | |||
| 1,873,258 | |||
| 1,833,151 | |||
| 2023 £ (22,000) 212,481 - |
|||
| 190,481 | |||
| 2023 £ (32,500) |
|||
| (32,500) | |||
| At 31 December 2024 £ 1,906,794 |
|||
| 1,906,794 |
Page 14
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN
Notes to the Accounts
11 Analysis of net assets between funds
| Analysis of net assets between funds | |||
|---|---|---|---|
| Fixed assets Net current assets Reconciliation of net debt Cash and cash equivalents Bank loans Net debt |
At 1 January 2024 £ |
Unrestricted funds £ 1,873,258 33,536 1,906,794 Cash flows £ |
Total £ 1,873,258 33,536 |
| 1,906,794 | |||
| At 31 December 2024 £ |
|||
| 43,950 | (10,413) | 33,537 | |
| 43,950 22,000 22,000 65,950 |
(10,413) (22,000) (22,000) (32,413) |
33,537 - |
|
| - | |||
| 33,537 |
12 Reconciliation of net debt
13 Related party disclosures
Controlling party
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 15
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Detailed Statement of Financial Activities
for the year ended 31 December 2024
| Income and endowments from: Donations and legacies Total income and endowments Expenditure on: Employee costs Salaries/wages Premises costs Rent Rates Light, heat and power Premises cleaning Premises insurances Premises repairs and maintenance Other premises costs General administrative costs, including depreciation and amortisation Bank charges Equipment expensed Equipment repairs and maintenance Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband Legal and professional costs Solicitor's fees Other legal and professional costs Total of expenditure of other costs Total expenditure Net gains on investments |
Unrestricted funds 2024 £ 80,393 80,393 80,393 12,957 12,957 5,400 - 14,744 98 2,231 5,647 47 28,167 450 7,169 - 548 320 - 588 9,075 500 - 500 50,699 50,699 - |
Total funds 2024 £ 80,393 80,393 80,393 12,957 12,957 5,400 - 14,744 98 2,231 5,647 47 28,167 450 7,169 - 548 320 - 588 9,075 500 - 500 50,699 50,699 - |
Total funds 2023 £ 903,616 |
|---|---|---|---|
| 903,616 | |||
| 903,616 7,917 |
|||
| 7,917 | |||
| - 252 26,254 100 - - 303 |
|||
| 26,909 | |||
| 25 17,904 1,260 - - 621 - |
|||
| 19,810 | |||
| - 4,643 |
|||
| 4,643 | |||
| 59,279 | |||
| 59,279 - |
Page 16
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Detailed Statement of Financial Activities
| Net income Net income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
29,694 29,694 - 29,694 1,877,100 1,906,794 |
29,694 29,694 - 29,694 1,877,100 1,906,794 |
844,337 |
|---|---|---|---|
| 844,337 - |
|||
| 844,337 | |||
| 1,032,763 | |||
| 1,877,100 |
Page 17
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN
Charity No. 1177758
Company No. CE013677
Trustees' Report and Unaudited Accounts
31 December 2024
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Contents
| Pages | ||
|---|---|---|
| Trustees' Annual Report | 1 | |
| Statement of Financial Activities | 2 | |
| Summary Income and Expenditure Account | 3 | |
| Balance Sheet | 4 | |
| Statement of Cash flows | 5 | |
| Notes to the Accounts | 6 | |
| Detailed Statement of Financial Activities | 7 to to | 13 |
Page 1
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN
Trustees Annual Report
CHARITABLE INCORPORATED ORGANISATION
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 December 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. CE013677
Charity No. 1177758
Principal Office
61-63 Old Town Road Hanley Stoke-on-Trent ST1 2JS
Registered Office
61-63 Old Town Road Hanley Stoke-on-Trent Staffs ST1 2JS
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
F. FARAGE I.O. SAIED H.O. SALEH
Accountants
SA ACCOUNTS PRACTICE 123 MOORLAND ROAD STOKE-ON-TRENT STAFFS ST6 1JH
OBJECTIVES AND ACTIVITIES
The purpose of the charity as set out in its government document is the advancement of Islamic religion and the advancement of education , In particular but not exclusively in the areas of Islamic teaching and the Arabic languages
The main activities undertaken in relation to those purposes to establish common ground to promote good relations between persons of different faiths and promoting knowledge and mutual understanding and respect of the beliefs and practices different religious faiths.
Page 2
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Trustees Annual Report
larger charity must provide an explanation of its aims, including details of the issues it seeks to tackle and the changes or differences it seeks to make through its activities...
A larger charity must provide an explanation how the achievement of its aims will further its legal purposes...
A larger charity must provide an explanation of its strategies for achieving its stated aims and objectives...
A larger charity must provide an explanation of its criteria or measures it uses to assess success in the reporting period...
A larger charity should provide a more detailed explanation of its short-term and long-term aims and objectives...
PLANS FOR FUTURE PERIODS
A larger charity must provide a summary of the charity's plans for the future including its aims and objectives and details of any plans to achieve them ...
A larger charity must provide a summary of the charity's plans for the future including its aims and objectives and details of any plans to achieve them ...
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
F. FARAGE
Trustee
31 December 2024
Page 3
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Independent Examiners Report
Independent Examiner's Report to the trustees of KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN
I report to the charity trustees on my examination of the financial statements of KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in accordance with section 386 of the 2006 Act ; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements 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 with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
SA ACCOUNTS PRACTICE 123 MOORLAND ROAD STOKE-ON-TRENT STAFFS
ST6 1JH 31 December 2024
Page 4
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Statement of Financial Activities
for the year ended 31 December 2024
| Notes Income and endowments from: Donations and legacies 4 Total Expenditure on: Other 5 Total Net gains on investments Net income Transfers between funds Net income before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2024 £ 80,393 |
Total funds 2024 £ 80,393 |
Total funds 2023 £ 903,616 |
|---|---|---|---|
| 80,393 50,699 |
80,393 50,699 |
903,616 59,279 |
|
| 50,699 - |
50,699 - |
59,279 - |
|
| 29,694 - |
29,694 - |
844,337 - |
|
| 29,694 | 29,694 | 844,337 | |
| 29,694 1,877,100 |
29,694 1,877,100 |
844,337 1,032,763 |
|
| 1,906,794 | 1,906,794 | 1,877,100 |
Page 5
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Summary Income and Expenditure Account
for the year ended 31 December 2024
| Income Gross income for the year Expenditure Total expenditure for the year Net income before tax for the year Net income for the year |
2024 £ 80,393 80,393 50,699 50,699 29,694 29,694 |
2023 £ 903,616 |
|---|---|---|
| 903,616 | ||
| 59,279 | ||
| 59,279 | ||
| 844,337 | ||
| 844,337 |
Page 6
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN
Balance Sheet
at 31 December 2024
| at 31 December 2024 | ||
|---|---|---|
| Company No. CE013677 |
Notes | 2024 |
| £ | ||
| Fixed assets | ||
| Tangible assets | 7 | 1,873,258 |
| 1,873,258 | ||
| Current assets | ||
| Cash at bank and in hand | 33,537 | |
| 33,537 | ||
| Creditors:Amount falling due within one year | 8 | (1) |
| Net current assets/(liabilities) | 33,536 | |
| Total assets less current liabilities | 1,906,794 | |
| Creditors:Amounts falling due after more than one year | 9 | - |
| Net assets excluding pension asset or liability | 1,906,794 | |
| Total net assets | 1,906,794 | |
| The funds of the charity | ||
| Restricted funds | 10 | |
| Unrestricted funds | 10 | |
| General funds | 1,906,794 | |
| 1,906,794 | ||
| Reserves | 10 | |
| Total funds | 1,906,794 |
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 31 December 2024
And signed on its behalf by:
F. FARAGE Trustee
31 December 2024
Page 7
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Balance Sheet
2023 £
1,991,131 1,991,131 43,950 43,950 (190,481) (146,531) 1,844,600 32,500 1,877,100 1,877,100
1,877,100 1,877,100 1,877,100
Page 8
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Statement of Cash flows
for the year ended 31 December 2024
| Cash flows from operating activities Net income per Statement of Financial Activities Adjustments for: (Decrease)/Increase in trade and other payables Net cash (used in)/provided by operating activities Cash flows from investing activities Payments for property, plant and equipment Net cash used in investing activities Cash flows from financing activities Repayment of borrowings Net cash from financing activities Net decrease in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Components of cash and cash equivalents Cash and bank balances |
2024 £ 29,694 (179,980) (150,286) (40,107) (40,107) 22,000 22,000 (168,393) 43,950 (124,443) 33,537 33,537 |
2023 £ 844,337 191,531 |
|---|---|---|
| 1,035,868 (1,102,777) |
||
| (1,102,777) | ||
| - | ||
| - | ||
| (66,909) | ||
| 110,859 | ||
| 43,950 | ||
| 43,950 | ||
| 43,950 |
Page 9
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Notes to the Accounts
for the year ended 31 December 2024
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 10
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Notes to the Accounts
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
-
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Page 11
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Notes to the Accounts
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
Page 12
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN
Notes to the Accounts
3 Statement of Financial Activities - prior year
| Income and endowments from: Donations and legacies Total Expenditure on: Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies 5 Other expenditure Employee costs Premises costs General administrative costs Legal and professional costs |
Unrestricted £ 80,393 80,393 Unrestricted £ 12,957 28,167 9,075 500 50,699 |
Unrestricted funds 2023 £ 903,616 903,616 59,279 59,279 844,337 844,337 844,337 1,032,763 1,877,100 Total 2024 £ 80,393 80,393 Total 2024 £ 12,957 28,167 9,075 500 50,699 |
Total funds 2023 £ 903,616 |
|---|---|---|---|
| 903,616 59,279 |
|||
| 59,279 | |||
| 844,337 | |||
| 844,337 | |||
| 844,337 1,032,763 |
|||
| 1,877,100 | |||
| Total 2023 £ 903,616 |
|||
| 903,616 | |||
| Total 2023 £ 7,917 26,909 19,810 4,643 |
|||
| 59,279 |
Page 13
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Notes to the Accounts
| 6 Staff costs Salaries and wages No employee received emoluments in excess of £60,000. 7 Tangible fixed assets Cost or revaluation At 1 January 2024 Additions At 31 December 2024 Net book values At 31 December 2024 At 31 December 2023 8 Creditors: amounts falling due within one year Bank loans and overdrafts Other creditors Accruals 9 Creditors: amounts falling due after more than one year Other creditors 10 Movement in funds At 1 January 2024 Restricted funds: Unrestricted funds: General funds 1,877,100 Total funds 1,877,100 |
2024 12,957 12,957 2024 £ - - 1 1 2024 £ - - Incoming resources (including other gains/losses ) £ 80,393 80,393 |
£ 1,833,151 40,107 1,873,258 1,873,258 1,833,151 Resources expended £ (50,699) (50,699) |
2023 7,917 |
|---|---|---|---|
| 7,917 | |||
| £ 1,833,151 40,107 |
|||
| 1,873,258 | |||
| 1,873,258 | |||
| 1,833,151 | |||
| 2023 £ (22,000) 212,481 - |
|||
| 190,481 | |||
| 2023 £ (32,500) |
|||
| (32,500) | |||
| At 31 December 2024 £ 1,906,794 |
|||
| 1,906,794 |
Page 14
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN
Notes to the Accounts
11 Analysis of net assets between funds
| Analysis of net assets between funds | |||
|---|---|---|---|
| Fixed assets Net current assets Reconciliation of net debt Cash and cash equivalents Bank loans Net debt |
At 1 January 2024 £ |
Unrestricted funds £ 1,873,258 33,536 1,906,794 Cash flows £ |
Total £ 1,873,258 33,536 |
| 1,906,794 | |||
| At 31 December 2024 £ |
|||
| 43,950 | (10,413) | 33,537 | |
| 43,950 22,000 22,000 65,950 |
(10,413) (22,000) (22,000) (32,413) |
33,537 - |
|
| - | |||
| 33,537 |
12 Reconciliation of net debt
13 Related party disclosures
Controlling party
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 15
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Detailed Statement of Financial Activities
for the year ended 31 December 2024
| Income and endowments from: Donations and legacies Total income and endowments Expenditure on: Employee costs Salaries/wages Premises costs Rent Rates Light, heat and power Premises cleaning Premises insurances Premises repairs and maintenance Other premises costs General administrative costs, including depreciation and amortisation Bank charges Equipment expensed Equipment repairs and maintenance Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband Legal and professional costs Solicitor's fees Other legal and professional costs Total of expenditure of other costs Total expenditure Net gains on investments |
Unrestricted funds 2024 £ 80,393 80,393 80,393 12,957 12,957 5,400 - 14,744 98 2,231 5,647 47 28,167 450 7,169 - 548 320 - 588 9,075 500 - 500 50,699 50,699 - |
Total funds 2024 £ 80,393 80,393 80,393 12,957 12,957 5,400 - 14,744 98 2,231 5,647 47 28,167 450 7,169 - 548 320 - 588 9,075 500 - 500 50,699 50,699 - |
Total funds 2023 £ 903,616 |
|---|---|---|---|
| 903,616 | |||
| 903,616 7,917 |
|||
| 7,917 | |||
| - 252 26,254 100 - - 303 |
|||
| 26,909 | |||
| 25 17,904 1,260 - - 621 - |
|||
| 19,810 | |||
| - 4,643 |
|||
| 4,643 | |||
| 59,279 | |||
| 59,279 - |
Page 16
KURDISH ISLAMIC CENTRE AND MASJID SALAUDDIN Detailed Statement of Financial Activities
| Net income Net income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
29,694 29,694 - 29,694 1,877,100 1,906,794 |
29,694 29,694 - 29,694 1,877,100 1,906,794 |
844,337 |
|---|---|---|---|
| 844,337 - |
|||
| 844,337 | |||
| 1,032,763 | |||
| 1,877,100 |
Page 17