## Islamic Education Centre Madani Masjid Financial Statements for the year ended 31 December 2021 Registered Charity Number 1181648 Islamic Education Centre Madani Masjid Profit And Loss Account For the year ended 31 December 2021 |Income
Donation
Madrasah Books / Bags
Student Fees
Expenses
Advertising
Bank Charges
Cleaning
Entertaining
Equipment
Gifts and Prizes
Heat & Light
Insurance
IT Software and Internet
Madrasah Books / Bags
Postage
Printing and Stationery
Rent
Repairs and Maintenanc
Teachers Expenses
Telephone
Water
Net profit/(loss)|62,449.23
579.30
15,975.70
(66.90)
(212.68)
(23.38)
(55.74)
(202.27)
(291.83)
(1,664.08)
(300.39)
(1,631.05)
(200.00)
(107.66)
(168.27)
(3,000.00)
(50.95)
(8,225.50)
(211.35)
(345.72)|2021
2020
£
£
534.83
35.00
9,721.50
79,004.23
10,291.33
-
(37.38)
-
-
-
(343.32)
(3,295.43)
(300.39)
-
-
-
-
(3,000.00)
-
(4,031.00)
-
-
(16,757.77)
(11,007.52)
62,246.46
(716.19)| |---|---|---| Page 1 of 1 Islamic Education Centre Madani Masjid Balance Sheet As at 31 December 2021 |Bank accounts
Current a/c
Petty Cash
Payables
E-On
Scottish Power
Virgin Media
Net assets
Net wealth
Opening Balances
Net profit/(loss)
Total funds|64,558.01
631.00
-
561.77
(23.95)
3,480.37
62,246.46|2021
2020
£
£
2,455.46
-
65,189.01
2,455.46
(99.78)
1,124.69
-
537.82
1,024.91
65,726.83
3,480.37
£
£
4,196.56
(716.19)
65,726.83
3,480.37
65,726.83
3,480.37| |---|---|---| Page 1 of 1 ## **Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year 1 1 2021 **To** 31 12 2021 **From** ## Section A Reference and administration details **Charity name** Islamic Education Centre Madani Masjid **Other names charity is known by Registered charity number (if any)** 1181648 **Charity's principal address** 14 STANBURY ROAD BOLTON **Postcode BL1 2LF** ## **Names of the charity trustees who manage the charity** |1
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0|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||AYYOOB
ASHRAFI|Chair|Whole Year|| ||MOHAMED FAIZ
NAGORI|Trustee|Whole Year|| ||AFFAN NAGORI|Trustee|Whole Year|| ||NIZAM ASHRAFI|Trustee|Whole Year|| ||MOHMMED
ARSHAAN
NAGORI|Trustee|Whole Year|| ||YASIN IQBAL
PATEL|Trustee|Whole Year|| ||RIAZ ABDULLAH|Trustee|Whole Year|| ||MOHAMMED
TANVIR MUSA|Trustee|Whole Year|| ||JUNAID BHAD|Trustee|Whole Year|| ||MOHAMED
NAGORI|Trustee|Whole Year|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| - 10 **TAR** March **2012** 1 **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** ## **Names and addresses of advisers (Optional information)** **Type of adviser Name Address** **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Constitution document (based on the Charity Commission standard model Type of governing document for ClOs) agreed with the Charity Commission upon registration on 6/6/16 (eg. trust deed, constitution) No subsequent amendments. CIO Type of governing document How the charity is constituted - (eg. trust, association, company) New Trustees may be appointed by existing Trustees to serve next AGM Trustee selection methods at which point they retire. New Trustees (or Trustees standing for re(eg. appointed by, elected by) election) may be elected by members at the AGM. ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **TAR** March **2012** 2 |**Summary of the objects of the**
**charity set out in its**
**governing document**
**Summary of the main**
**activities undertaken for the**
**public benefit in relation to**
**these objects (include within**
**this section the statutory**
**declaration that trustees have**
**had regard to the guidance**
**issued by the Charity**
**Commission on public**
**benefit)**|To advance the Islamic religion in accordance with the Sufistic school of
thought for the benefit of the general public of Bolton, in particular but not
exclusively by holding prayer meetings, lectures, public celebration of
religious festivals, producing and/ or distributing literature, promoting
publications, writings, discussions, gatherings, talks, teaching, religious
education and by any other means as the trustees shall in their discretion
determine to enlighten others about the Islamic religion.
To prevent or relieve poverty by providing: grants, items and services to
individuals in need and/or charities, or other organisations working to
prevent or relieve poverty.
To promote religious harmony for the benefit of the public by: promoting
knowledge and mutual understanding and respect of the beliefs and
practices of different religious faiths, to build common ground and
promote good relations between persons of different faiths.| |---|---| ||The charity carries out a wide range of activities in pursuance of its
charitable aims. The trustees consider that these activities, summarised
below, provide benefit both to those who worship at our Mosque and the
wider community of Bolton.
Our Mosque provides a centre for our prayers and worship and for the
activities associated with our faith. During the year under review, we
offered a range of religious services and activities including:
**Prayers**: The Mosque is open all day for daily and Friday prayers.
**Festivals**: The Mosque prepares food during Ramadan for those
attending our Mosque who wish to break their fast together. Eid was also
celebrated at the Eidgah (open air enclosure). We also celebrate Saints’
days and celebrate the birth of our Prophet Muhammad, Peace and
Blessings Be Upon Him.
**Marriage Services**: The Mosque providesgrowing need of support for
men and women seeking appropriate partners for Marriage.

**Educational classes**: We provide a madrasah (education institute)
which gives our students strong foundations of Islamic knowledge to help
them and guide them throughout their lives. Additional focus on
etiquettes, mannerisms and focus on quality of education with frequent
monitoring and parent engagement.
**Community**: We work with the community to tackle community and
social issues. We always look to promote and build common ground and
good relations between persons of different faiths.
We confirm we have had regard to public benefit guidance issued by the
Charity Commission.| **Additional details of objectives and activities (Optional information)** **TAR** March **2012** 3 Policy on grantmaking not applicable Policy on programme related investments not applicable. The primary contribution has been made by the voluntary Trustees, but in addition voluntary staff, parents and supporters have contributed their time and labour without charge. You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. **TAR** March **2012** 4 ## Section D Achievements and erformance p **Summary of the main achievements of the charity during the year** During this accounting period (y/e 31 12.21), the trustees consider that, like in the previous years, the charity has performed well. We thank and praise Allah Subhanahu Wa Ta'ala for this and ask him to accept our humble efforts, Ameen. During the pandemic we abided by the guidelines set by government. Educational services continued via Zoom. Ensuring that’s the children’s studies continued. We launched the IEC Marriage website to provide support for men and women seeking appropriate partners for Marriage. ## **New Generation | New Vision** ## **Expansion Project** Our current maximum capacity is only 20 students at any one time. The expansion will allow us to have more class rooms for educational and community-based learning. The current space is limited and can only be used during certain times of the day due to potential prayer times. The new project aim is to make the building user friendly with increased safety standard and energy efficient structure to facilitate the whole community including women, children and elderly people. On 22 December 2021 the plans for the expansion were submitted to the local council. Also, a live appeal had taken place to start generating funds for the works to be carried out upon approval. **TAR** March **2012** 5 Section E Financial review The CIO falb the £5(M).000 turnovw b(yJndary for delabj fin￿C#s1 accounlng being a requirement. Th8 CIO has no specific declared policy on reserves twt wll m*ntan a minirnum bgnk aCc£MM￿ b*nce of £1000 in order to meet any completely unforegeen expen9es. Care ig taken to accumulate sufficient funds at Ihe eTrJ of the ￿ to cover all antKipated running costs during the following financta year v#rthoul haviTrJ to use the £1 minimum balance. There is an OFef8ting surplus for th￿ yéor refiects the don8tion by the corrmunity towards ￿ undergoing rovements and n8 for extsnsion buildin Brfof Btatefnent of Ihe charity's policy on rnswv Dotall8 of any fvnds matsrfalty In defi¢k Not appllcable. Furth•r Iln•nclal rwlew detslls IOptlon¥l Inforni•llon) In general the running costs ol the CIO af8 covered by donali(x)s from various sources, donations in relum for community tasks and ad1vit￿8 You may choose lo include additioMI inlomiaion. where r8tevart atort: the charily's prtncipal sources of funds (Includlng any fundraising).. expenditure has supported the kty owi of the charty: inVeslff￿nI p￿IcY and obj&aives includirfg any ethical invpstment Folicy adopled. The CIO 18 in a hedthy finencial posilion at the end d the year. Section F Other optional information Section G Declaration The trustws declaro that thoy hav• appTov•d th• truiloos. r•port abov•. Signed on behalf of tho charlty's truslo•• Slgnalurn(•l Full nam•(sl p￿Illon {•9 Socrgtsry, Chalr, Jun&'tJ Blwd Faz Nagori Tnjslee Trnstee 3011012022 TAR 2012