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2025-10-31-accounts

AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE

T/A ISLINGTON ISLAMIC CENTRE

Accounts & Reports

For the period ended 31 October 2025

Charity Registration Number: 1180914

AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE

Contents

For the period ended 31 October 2025

Page

Legal and administrative information 1
Trustees’ report 2-4
Independent Examiner’s report 5
Statement of financial activities 6
Balance sheet 7
Notes to the accounts 8-11

AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE

Legal and Administrative Information

For the period ended 31 October 2025

Status:

Al Risaalah Mosque and Islington Islamic Centre is a Charitable Incorporated Organisation and was registered as a charity on 29[th] November 2018 with the Charity Commission in England & Wales. The charity is a non-profit, non-political voluntary organisation dedicated to the service of Islington, Camden and surrounding areas. It is a registered charity in England and Wales.

Charity Number: Registered Office & Business Address:

1180914

Islington Islamic Centre 91-93 Parkhurst Road London N7 0LP

Trustees:

Bankers:

Mr. Yazid Murshid Mohamed ....Chair Mr. A Mohamed Jama …V. Chair Dr. Abdulkadir M Ahmed-Nur …Member Mr. Abdirisak Mohamud Takar … Secretary Mr. Mohamed Ali Dirsh e … Treasurer Mr.Hussein M Osman … Member Mr Hashim Sharif Mohamed .... Member Mr. Abdirasaq M Adan … Member Mr. Abdifitah M Adan … Member Mr Abdisamad Abdulle … Member Mr Hassan Abdullahi Urur … Member Mr Abdisalam Hirad Mohamed … Member Mr Abdikarim Hussein Ahmed … Member Barclays Bank PLC, Finsbury Park Branch The Holloway and Kingsland Group Po Box 3628 London, E8 2JX

Accountants:

Issa Associates Chartered Certified Accountants 40a Maygrove Road London, NW6 2EB

1

AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE

Trustees’ Report

For the period ended 31 October 2025

Mission statement

Al Risaalah Mosque and Islington Islamic Centre strives to foster better citizens and effective leaders for the future of the community; by providing a proper, financially stable and most conducive environment for the Muslims of Islington/ Camden through quality religious, cultural, educational and social services and programs. An environment supported by a solid and sustainable organizational capacity.

Objective

The objectives of Al Risaalah Mosque and Islington Islamic Centre are to promote the benefit of the community in North London by;

Legal structure

Al Risaalah Mosque and Islington Islamic Centre is a registered charity in England and Wales

Financial statements

The trustees of the charity submit their trustees’ report and financial statements for the period ended 31 October 2025.

Policies:

Reserve policy:

As a relatively small organisation it is the policy of the charity to work towards a level of unrestricted funds which are free reserves of the charity that are equivalent to three months total expenditure. This should provide sufficient funds to cover management, administration, support costs and to respond to funding difficulties when they arise.

Risk(s) review:

The trustees have recently reviewed the major risks faced by the charity. In particular those related to the operation and finances, and are satisfied that systems are in place to mitigate any exposure to major risks.

2

AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE

Trustees’ Report (continued)

For the period ended 31 October 2025

Trustees Responsibilities

The trustees are responsible for keeping proper accounting records which disclose at any time the financial position of the charity and enable them to ensure that the financial statements comply with the relevant regulations.

The trustees oversee preparation of financial statements, select suitable accounting policies and make judgments and estimates that are reasonable and prudent to give the true state of affairs of the charity.

Trustees are also responsible for safeguarding the assets of the charity. They are elected and replaced as set out in the constitution.

Activities and Achievements

The charity is managed by 13 elected trustee members, and is staffed by 17 volunteers. The office is open from Monday to Sunday between 9.00am and 8.00pm.

The year 2024/25 was very challenging year for Al Risaalah Mosque and Islington Islamic Centre due to the impact of pandemic lockdown (COVID-19) as well as the cost-of-living crisis along with high inflation. We have run many projects successfully to serve our community such as educational support and empowering the young people. As a result of this the number of users in our Centre has increased significantly due to these additional services. Furthermore, during the past financial year we have started a major renovation and extension project to increase the capacity and improve the premises for the public. This project is likely to continue in the next 2 financial years.

During the past year some of the activities that the organisation provided include:

3

AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE

Trustees’ Report (continued)

For the period ended 31 October 2025

Our plans in the next year

Our strategy is to support Somali children and young people so that they can reach their full potential in their lives through partnership work with all relevant local agencies and secure financial sources which will enable Al Risaalah Mosque and Islington Islamic Centre to meet its targets. Therefore, our main targets in the next academic year are:

This report was approved by the board and signed on its behalf by:

Mohamed Ali Dirshe Treasurer

Date: 13/08/2026

Al Risalah Mosque and Islington Islamic Centre 91-93 Park Hurst Road London, N7 0LP

4

AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE

Independent Examiners’ Report

For the period ended 31 October 2025

I report on the accounts of the charity for the year ended 31 October 2025, which are set out on pages 6 to 7.

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 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as 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, which gives me reasonable cause to believe that in any material respect the requirements:

-----------------------------Issa Associates Chartered Certified Accountants 40a Maygrove Road London NW6 2EB

Date: 13[th] August 2026

5

AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE

Statement of Financial Activities

For the year ending 31 October 2025

Notes
Incoming resources
From charitable activities
2
Investment income
2
Total incoming resources
Resources expended
Charitable activities
3
Governance costs
4
Total Resources Expended
Net resources for the period
Fund balances at 1 November 2024
Fund balances at 31 October 2025
Unrestricted
funds
£
309,997
-
309,997
100,919
1,000
101,919
208,078
2,478,928
2,687,007
Restricted
funds
£
-
-
2025
2024
Total
Total
£
£
309,997
218,401
-
-
309,997
218,401
100,919
107,577
1,000
19,016
101,919
126,593
208,078
91,808
2,478,928
2,387,120
2,687,007
2,478,928
-
-
-
-
-
-
-

6

AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE

Balance Sheet

For the year ending 31 October 2025

Notes
Fixed assets
Tangible assets
8
Current Assets:
Debtors
9
Cash at bank and in hand
Creditors:amounts falling
due within one year
10
Net Current Assets
Total Assets less current liabilities
Funds of the charity:
Unrestricted funds
Unrestricted
Unrestricted
2024
£
£
£
£
2,170,673
1,922,297
-
-
517,334
560,631
517,334
560,631
(1,000)
(4,000)
516,334
556,631
2,687,007
2,478,928
2,687,007
2,478,928
2,687,007
2,478,928
2025

The statement of financial activities as set out on page 5 to 6 for the financial year ending 31 October 2025, and the statement of assets and liabilities as set out on this page are as approved by the trustees.

……………………………….. Mohamed Ali Dirshe Treasurer

Date: 13/08/2026

7

AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE

Notes to the Accounts

For the year ending 31 October 2025

1 Accounting Policies

The financial statements have been prepared under the historical cost convention, and have been prepared in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities (Revised SORP 2015) and the Financial Reporting Standards for Smaller Entities.

Grants and donations are recognised on accruals basis.

Incoming resources are reported gross.

Resources expended are included in the Statement of Financial Activities on accruals basis, inclusive of any VAT that cannot be recovered.

Expenditure that is directly attributable to specific activities has been included in these cost categories. Where costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of those resources.

Tangible fixed assets are stated at cost less depreciation.

Provision for depreciation of tangible fixed assets held by the charity is made at the following annual rates in order to write off each asset over its estimated useful life;

Freehold land & buildingsnot depreciated Plant & machinery - 25% on cost

8

AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE

Notes to the Accounts

For the year ending 31 October 2025

2. Grants and Donations

Other grants & donations
2. Investment Income
Interest receivable
Total Incoming Resources
Unrestricted
Funds
£
309,997
309,997
Unrestricted
Funds
£
-
309,997
Restricted
Funds
£
-
-
Restricted
Funds
£
-
-
2025
Total
2024
Total
£
£
309,997
218,401
309,997
218,401
2025
Total
2024
Total
£
-
-
309,997
218,401

9

AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE

Notes to the Accounts

For the year ending 31 October 2025

3a. Direct Charitable Expenditure

Donations
Light & heat
Publicity & promotions
3b. Support Costs
Insurance
Bank charges
Total Charitable Activities
4. Governance
Audit fees
Total Resources Expended
Depreciation
Legal and Professional
Telephone, fax and Internet
Water rates and cleaning
Salary & Volunteer expenses
Repairs & maintenance
Travel & Subsistancy
Printing, Postage, Stationery
Unrestricted
Funds
£
5,821
57,427
17,180
366
1,046
482
595
8,057
482
91,457
Unrestricted
Funds
£
2,442
4,388
2,631
9,462
100,919
Unrestricted
Funds
£
-
1,000
1,000
101,919
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
Restricted
Funds
£
-
-
-
-
-
Restricted
Funds
£
-
-
-
-
2025
Total
2024
Total
£
£
5,821
6,141
57,427
59,141
17,180
12,533
366
975
1,046
380
482
625
595
1,312
8,057
12,112
482
-
91,457
93,220
2025
Total
2024
Total
£
2,442
3,086
4,388
4,042
2,631
7,229
9,462
14,357
100,919
107,577
2025
Total
2024
Total
£
£
-
3,000
1,000
16,016
1,000
19,016
101,919
126,593

5. Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows: 2025 2024
Salaries and wages 57,427 59,141

The charity trustees were neither paid salary nor reimbursed any expense during the current or preceding year. There were no employees with emoluments in excess of £60,000 per annum

The key management personnel are the considered to be the chair and the treasurer who were not paid any remuneration.

10

AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE

Notes to the Accounts

For the year ending 31 October 2025

6. Related party transactions

There were no related party transactions during the year.

7. PRIOR YEAR ADJUSTMENT

Income and expenses were previously recorded as restricted. Following a review of practice these have been reclassified as unrestricted in the current year. This reclassification also applies to any applicable fund balances carried forward.

8. Tangible Fixed Assets

Other Prepayment/debtors
Trade debtors
Accruals
Net Book Value
At 31 October 2025
At 31 October 2025
Cost at 1 November 2024
Charged in the Year
10. Creditors; amount falling due within one year
9. Debtors and prepayments
Depreciation
At 31 October 2025
Cost at 1 November 2024
Cost at 1 November 2024
Cost
Additions
Land &
Buildings
£
1,918,815
249,641
2,168,455
-
-
-
2,168,455
1,918,815
Plant &
Machinery
Total
£
£
138,375
2,057,190
1,366
251,007
139,742
2,308,197
134,893
134,893
2,631
2,631
137,525
137,525
2,217
2,170,673
3,482
1,922,297
2025
2024
£
£
-
-
-
-
-
-
2025
2024
£
£
1,000
4,000
1,000
4,000

11