Charity Registration Number : 1178668
Company Registration Number :
## **MAIDSTONE ISLAMIC CENTER LIMITED**
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
## **MAIDSTONE ISLAMIC CENTER LIMITED**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
FOR THE YEAR ENDED 31 DECEMBER 2024
|**Trustees**|Nasir Abdullah|
|---|---|
||Intaz Ali|
||Rehan Haq|
||Hafz Waheed|
||Mohammed Mustaqim|
|**Charity Number**|1178668|
|**Registered Ofce**|MAIDSTONE COMMUNITY|
||20-28 MOTE ROAD|
||MAIDSTONE|
||ME15 6ES|
|**Independent Examiner**|Muhammad Ahmed|
||699b High Road|
||Leyton|
||London|
||E10 6RA|
## **MAIDSTONE ISLAMIC CENTER LIMITED**
## **CONTENTS**
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees' Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
## **MAIDSTONE ISLAMIC CENTER LIMITED**
## **TRUSTEES' REPORT**
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their annual report and financial statements for the year ended 31 December 2024 .
## **MAIDSTONE ISLAMIC CENTRE**
## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2024**
The trustees present the annual report of Maidstone Islamic Centre for the above year.
## **A. Reference and Administration Details**
Registered Charity Number: 1178668
The trustees present the annual report of Maidstone Islamic Centre for the above year.
## Charity’s Principal Address:
20-28 Mote Road
Maidstone
Kent
ME15 6ES
## **B. Structure, Governance and Management**
The Charity is governed by a Trust Deed constituted by a Trust. The trustees are appointed by a majority resolution of the Trustees passed at a special meeting.
## **C. Objectives and Activities**
Principal Activities
The principal activities of the trust were that of a charitable organisation to conduct prayers 5 times a day throughout the year. Also provide prayer services for special occasions such as Eid prayers, Funerals as well as night prayers during the month of Ramadan. Also during the month of Ramadan, attendees are fed during the times of both Sahoor and Iftar. This charity also provides evening and weekend Madrasah (Islamic studies) where over 160 children are enrolled over 7 classes. We also have a bank of volunteers who are DBS cleared and help with the management of the classes. There is a designated lead to manage the effective day to day running of the education services and to ensure compliance with relevant safeguarding issues.
A lot of focus has also gone to engaging other segments of our community, specifically the youth. A number of career related events have taken place through out the year to introduce different career paths to our local community as well as training them in specific skill sets such as first aid and fire marshal.
## Our Objectives
Our Objectives are set to help and educate the Muslim community around Maidstone. To facilitate them with the space and services they need so that they can carry out their activities such as their daily prayers. Also, to be able to create a community hub that allows people to come together and bond together. To create a safer environment for everyone. In addition to this be the helping hand to those that are disadvantaged and need help. To be able to bring in everyone as one and promote love and equality and make everyone feel accustomed to and welcome to the facilities that are provided by this charity.
## Achievements and Performance
Summary of the main achievements of the charity during the year
Donation received during the year was utilised to creating and hosting events that allowed us to give back to the community and continue to send the message that the Masjid is there for the community to come back and rely on them. Things such as fundraisers and open days at the
Page 1 of 8
This report was approved by the trustee and signed on its behalf by:
---------------------------------------------------Nasir Abdullah Trustee Date : 11 June 2025
Page 2 of 8
## **MAIDSTONE ISLAMIC CENTER LIMITED**
## **INDEPENDENT EXAMINER'S REPORT**
FOR THE YEAR ENDED 31 DECEMBER 2024
## **Charity No. 1178668**
## **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 42(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.
It is my responsibility to:
1. Examine the accounts under Section 43 of the 1993 Act
2. To follow the procedures laid down in the general Directions given by the Charity Commission (under Section 43(7) (b) of the 1993 Act), and
3. 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 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.
## **Independent Examiner's Statement**
In connection with my examination, no matter has come to my attention:
1. Which gives me reasonable cause to believe that in, any material respect, the requirements;
to keep accounting records in accordance with Section 41 of the 1993 Act, and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the requirements of the 1993 Act have not been met: or
2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Muhammad Ahmed Date: 02 September 2025
Page 3 of 8
## **MAIDSTONE ISLAMIC CENTER LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## FOR THE YEAR ENDED 31 DECEMBER 2024
|**Recommended categories**
**by activity**
**Notes**
**Income and endowments**
**from:**
Donations and legacies
2
**Total**
**Expenditure on:**
Raising funds
3
Charitable activities
4
Other
6
**Total**
**Net income/(expenditure)**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted funds**
**£**
197,188.78
**197,188.78**
56,619.37
87,564.57
5,000.00
**149,183.94**
**48,004.84**
**48,004.84**
33,144.99
**81,149.83**|**Total Funds 2024**
**£**
197,188.78
**197,188.78**
56,619.37
87,564.57
5,000.00
**149,183.94**
**48,004.84**
**48,004.84**
33,144.99
**81,149.83**|**Total Funds 2023**
**£**
151,924.44|
|---|---|---|---|
||||**151,924.44**|
||||52,493.52
66,285.92
-|
||||**118,779.45**|
||||**33,144.99**|
||||**33,144.99**
-|
||||**33,144.99**|
Page 4 of 8
## **MAIDSTONE ISLAMIC CENTER LIMITED**
## **BALANCE SHEET**
FOR THE YEAR ENDED 31 DECEMBER 2024
|**Recommended categories by**
**activity**
**Notes**
Fixed assets
Tangible assets
7
**Total fxed assets**
Current assets
Cash at bank and in hand
8
**Total current assets**
**Total assets less current liabilities**
Creditors: amounts falling due after
one year
9
**Total net assets or liabilities**
**Funds of the Charity**
Unrestricted funds
10
Restricted income funds
10
Endowment funds
10
**Total funds**|**Total Funds 2024**
**£**
649,781.66
**649,781.66**
276,539.12
**276,539.12**
**926,320.78**
14,120.00
**912,200.78**
81,149.83
-
-
**81,149.83**|**Total Funds 2023**
**£**
324,890.83|
|---|---|---|
|||**324,890.83**|
|||113,767.14
**113,767.14**|
|||**438,657.97**|
|||6,560.00|
|||**432,097.97**|
|||33,144.99
-
-|
|||**33,144.99**|
The financial statements were approved by the trustees on 11 June 2025 and signed on its behalf by:
Nasir Abdullah Trustee Date : 11 June 2025
Page 5 of 8
## **MAIDSTONE ISLAMIC CENTER LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 DECEMBER 2024
## **1. Accounting Policies**
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
## **1.1 Basis of preparation**
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts 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 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
## **1.2 Going concern**
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
## **2. Income from Donations and Legacies**
|**Analysis**
**Unrestricted funds**
**£**
Donation and gifts
197,188.78
Other
-
**197,188.78**
**3. Expenditure on Raising Funds**
**Analysis**
Staging fundraising events
Rent collection, property repairs and maintenance charges
Support Costs
**4. Expenditure on Charitable Activities**
**Analysis**
Bank charges
Cost of services
Donations
Legal/professional fees
Donations collected on behalf of other mosques
Ramadan
Support Costs||**Total funds 2024**
**£**
197,188.78
-
**197,188.78**
**Total funds 2024**
**£**
8,660.23
16,310.42
31,648.72|**Total funds 2023**
**£**
145,410.12
6,514.32|
|---|---|---|---|
||||**151,924.44**|
||||**Total funds 2023**
**£**
1,067.40
15,225.46
36,200.66|
|||**56,619.37**
**52,493.52**||
|||**Total funds 2024**
**£**
-
498.48
48,564.37
314.00
-
4,500.00
33,687.72|**Total funds 2023**
**£**
(56.00)
3,940.00
19,287.43
873.83
560.00
3,230.00
38,450.66|
|||**87,564.57**
**66,285.92**||
## **3. Expenditure on Raising Funds**
## **4. Expenditure on Charitable Activities**
Page 6 of 8
## **5. Support Costs**
|**Analysis**
Printing and stationery
Staf costs
Temporary Staf
rates & water
Light, heat & power
Cleaning
General insurance
Computer Expenses
Telephone, fax & internet
Sundry Expenses
Equipment expensed
**Governance Costs**
Accountants fees|**Total funds 2024**
**£**
2,983.11
55.14
13,102.49
4,663.17
22,505.66
4,255.32
2,057.45
3,992.75
1,217.54
-
8,464.81
2,039.00|**Total funds 2023**
**£**
2,121.12
35,000.00
4,000.00
798.11
17,639.93
1,138.68
1,525.75
2,958.11
2,664.02
707.00
3,848.61
2,250.00|
|---|---|---|
||**65,336.44**
**74,651.33**||
## **6. Other Expenditure**
|**Analysis**
**Unrestricted funds**
**£**
KarZ'E' Hasanah
5,000.00
**5,000.00**
**7. Tangible Fixed Assets**
**7.1 Cost or valuation**
At 01 January 2024
Additions
Disposals
Revaluations
Transfers
At 31 December 2024
**7.2 Depreciation and impairments**
At 01 January 2024
Charge for the year
Disposals
Revaluations
Transfers
At 31 December 2024
**7.3 Net book value**
At 01 January 2024
At 31 December 2024|**Total funds 2024**
**£**
5,000.00
**5,000.00**
**Freehold Land &**
**Buildings**
**£**
648,553.66
-
-
-
-
**648,553.66**
-
-
-
-
-
**-**
648,553.66
**648,553.66**|**Total funds 2024**
**£**
5,000.00
**5,000.00**
**Freehold Land &**
**Buildings**
**£**
648,553.66
-
-
-
-
**648,553.66**
-
-
-
-
-
**-**
648,553.66
**648,553.66**||**Total funds 2023**
**£**
-|
|---|---|---|---|---|
|||||**-**|
|||||**Fixtures &**
**Fittings**
**£**
1,228.00
-
-
-
-
**1,228.00**
-
-
-
-
-
**-**
1,228.00
**1,228.00**|
|||**648,553.66**|||
|||-
-
-
-
-|||
|||**-**|||
|||648,553.66|||
|||**648,553.66**|||
Page 7 of 8
## **8. Cash at bank and in hand**
|**Total funds 2024**
**Total funds 2023**
**£**
**£**
Maidstone C & I
1,519.05
1,519.52
Maidstone I C
274,162.84
112,357.58
Barclay Credit Card
857.23
(109.96)
**276,539.12**
**113,767.14**
**9. Creditors: Amounts falling due after one year**
**Total funds 2024**
**Total funds 2023**
**£**
**£**
Accrued Expenses
14,120.00
6,560.00
**14,120.00**
**6,560.00**
**10. Charity funds**
**10.1 Details of material funds held and movements during the CURRENT reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
**33,144.99**
**197,188.78**
**149,183.94**
**-**
**-**
**81,149.83**
**Total**
**33,144.99**
**197,188.78**
**149,183.94**
**-**
**-**
**81,149.83**
**10.2 Details of material funds held and movements during the PREVIOUS reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
**-**
**151,924.44**
**118,779.45**
**-**
**-**
**33,144.99**
**Total**
**-**
**151,924.44**
**118,779.45**
**-**
**-**
**33,144.99**
**10.3 Transfers between funds**
**This Year**|**Total funds 2024**
**Total funds 2023**
**£**
**£**
Maidstone C & I
1,519.05
1,519.52
Maidstone I C
274,162.84
112,357.58
Barclay Credit Card
857.23
(109.96)
**276,539.12**
**113,767.14**
**9. Creditors: Amounts falling due after one year**
**Total funds 2024**
**Total funds 2023**
**£**
**£**
Accrued Expenses
14,120.00
6,560.00
**14,120.00**
**6,560.00**
**10. Charity funds**
**10.1 Details of material funds held and movements during the CURRENT reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
**33,144.99**
**197,188.78**
**149,183.94**
**-**
**-**
**81,149.83**
**Total**
**33,144.99**
**197,188.78**
**149,183.94**
**-**
**-**
**81,149.83**
**10.2 Details of material funds held and movements during the PREVIOUS reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
**-**
**151,924.44**
**118,779.45**
**-**
**-**
**33,144.99**
**Total**
**-**
**151,924.44**
**118,779.45**
**-**
**-**
**33,144.99**
**10.3 Transfers between funds**
**This Year**|**Total funds 2024**
**Total funds 2023**
**£**
**£**
Maidstone C & I
1,519.05
1,519.52
Maidstone I C
274,162.84
112,357.58
Barclay Credit Card
857.23
(109.96)
**276,539.12**
**113,767.14**
**9. Creditors: Amounts falling due after one year**
**Total funds 2024**
**Total funds 2023**
**£**
**£**
Accrued Expenses
14,120.00
6,560.00
**14,120.00**
**6,560.00**
**10. Charity funds**
**10.1 Details of material funds held and movements during the CURRENT reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
**33,144.99**
**197,188.78**
**149,183.94**
**-**
**-**
**81,149.83**
**Total**
**33,144.99**
**197,188.78**
**149,183.94**
**-**
**-**
**81,149.83**
**10.2 Details of material funds held and movements during the PREVIOUS reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
**-**
**151,924.44**
**118,779.45**
**-**
**-**
**33,144.99**
**Total**
**-**
**151,924.44**
**118,779.45**
**-**
**-**
**33,144.99**
**10.3 Transfers between funds**
**This Year**|**Total funds 2024**
**Total funds 2023**
**£**
**£**
Maidstone C & I
1,519.05
1,519.52
Maidstone I C
274,162.84
112,357.58
Barclay Credit Card
857.23
(109.96)
**276,539.12**
**113,767.14**
**9. Creditors: Amounts falling due after one year**
**Total funds 2024**
**Total funds 2023**
**£**
**£**
Accrued Expenses
14,120.00
6,560.00
**14,120.00**
**6,560.00**
**10. Charity funds**
**10.1 Details of material funds held and movements during the CURRENT reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
**33,144.99**
**197,188.78**
**149,183.94**
**-**
**-**
**81,149.83**
**Total**
**33,144.99**
**197,188.78**
**149,183.94**
**-**
**-**
**81,149.83**
**10.2 Details of material funds held and movements during the PREVIOUS reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
**-**
**151,924.44**
**118,779.45**
**-**
**-**
**33,144.99**
**Total**
**-**
**151,924.44**
**118,779.45**
**-**
**-**
**33,144.99**
**10.3 Transfers between funds**
**This Year**|**Total funds 2024**
**Total funds 2023**
**£**
**£**
Maidstone C & I
1,519.05
1,519.52
Maidstone I C
274,162.84
112,357.58
Barclay Credit Card
857.23
(109.96)
**276,539.12**
**113,767.14**
**9. Creditors: Amounts falling due after one year**
**Total funds 2024**
**Total funds 2023**
**£**
**£**
Accrued Expenses
14,120.00
6,560.00
**14,120.00**
**6,560.00**
**10. Charity funds**
**10.1 Details of material funds held and movements during the CURRENT reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
**33,144.99**
**197,188.78**
**149,183.94**
**-**
**-**
**81,149.83**
**Total**
**33,144.99**
**197,188.78**
**149,183.94**
**-**
**-**
**81,149.83**
**10.2 Details of material funds held and movements during the PREVIOUS reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
**-**
**151,924.44**
**118,779.45**
**-**
**-**
**33,144.99**
**Total**
**-**
**151,924.44**
**118,779.45**
**-**
**-**
**33,144.99**
**10.3 Transfers between funds**
**This Year**|**Total funds 2024**
**Total funds 2023**
**£**
**£**
Maidstone C & I
1,519.05
1,519.52
Maidstone I C
274,162.84
112,357.58
Barclay Credit Card
857.23
(109.96)
**276,539.12**
**113,767.14**
**9. Creditors: Amounts falling due after one year**
**Total funds 2024**
**Total funds 2023**
**£**
**£**
Accrued Expenses
14,120.00
6,560.00
**14,120.00**
**6,560.00**
**10. Charity funds**
**10.1 Details of material funds held and movements during the CURRENT reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
**33,144.99**
**197,188.78**
**149,183.94**
**-**
**-**
**81,149.83**
**Total**
**33,144.99**
**197,188.78**
**149,183.94**
**-**
**-**
**81,149.83**
**10.2 Details of material funds held and movements during the PREVIOUS reporting**
**period**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted**
**funds**
**General Fund**
**-**
**151,924.44**
**118,779.45**
**-**
**-**
**33,144.99**
**Total**
**-**
**151,924.44**
**118,779.45**
**-**
**-**
**33,144.99**
**10.3 Transfers between funds**
**This Year**|**Total funds 2023**
**£**
1,519.52
112,357.58
(109.96)|**Total funds 2023**
**£**
1,519.52
112,357.58
(109.96)|
|---|---|---|---|---|---|---|---|
|||||||**113,767.14**||
|||||||**Total funds 2023**
**£**
6,560.00||
|||||||**6,560.00**||
||**-**|**151,924.44**|**118,779.45**
**-**||**-**||**33,144.99**|
||**-**|**151,924.44**|**118,779.45**
**-**||**-**||**33,144.99**|
|||||||||
||**Amount**|
|---|---|
||**£**|
|Between unrestricted and restricted funds|-|
|Between endowment and restricted funds|-|
|Between endowment and unrestricted funds|-|
|**Last Year**||
||**Amount**|
||**£**|
|Between unrestricted and restricted funds|-|
|Between endowment and restricted funds|-|
|Between endowment and unrestricted funds|-|
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