2023-03-31-accounts - Islamic Education Centre Madani Masjid

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Islamic Education Centre Madani Masjid

Financial Statements for the year ended 31 March 2023

Registered Charity Number 1181648

Islamic Education Centre Madani Masjid Profit And Loss Account

For the period from 1 January 2022 to 31 March 2023

Income Books Donation Student Fees Expenses Advertising Bank Charges Books Building Project Cleaning Entertaining Equipment Gifts and Prizes Heat & Light Insurance IT Software and Internet Postage Printing and Stationery Rent Repairs and Maintenanc Teachers Expenses Telephone Water Net profit	8,760.71 15,004.63 16,539.50 - (232.89) (4,444.50) (2,496.80) - - (250.25) (206.25) (2,664.09) (661.31) (1,624.83) (67.05) (23.06) (3,750.00) (210.08) (2,025.00) (390.22) (338.28)	2023 2021 £ £ 579.30 62,449.23 15,975.70 40,304.84 79,004.23 (66.90) (212.68) (200.00) - (23.38) (55.74) (202.27) (291.83) (1,664.08) (300.39) (1,631.05) (107.66) (168.27) (3,000.00) (50.95) (8,225.50) (211.35) (345.72) (19,384.61) (16,757.77) 20,920.23 62,246.46

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Islamic Education Centre Madani Masjid Balance Sheet As at 31 March 2023

Receivables Stripe Bank accounts Current a/c Petty Cash Payables EDF Energy Scottish Power Virgin Media Net assets Net wealth Opening Balances Net profit Total funds	29.37 79,694.43 6,533.83 414.43 - (25.00) 65,726.83 20,920.23	2023 2021 £ £ - 29.37 - 64,558.01 631.00 86,228.26 65,189.01 - 561.77 (23.95) 389.43 537.82 86,647.06 65,726.83 £ £ 3,480.37 62,246.46 86,647.06 65,726.83 86,647.06 65,726.83

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year 1 1 2022 To 31 3 2023

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

Trustee name	Office (if any)	Dates acted if not for whole year
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

TAR

March 2012

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

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.

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

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

Section D Achievements and erformance p

Summary of the main achievements of the charity during the year

During this accounting period (y/e 31.03.23), 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.

Educational services – Nursery and Reception class are going from strength to strength. Waiting list is increasing. The need for more space is required hence the New Generation | New Vision Project. More field based activities have happened this year, Which has been a success with the students and parents.

IEC Marriage website – Alhamdullilah successful matches have increased during the period. Users have increased year on year. Website improvements have been implemented within the background from the feedback we received by our user in the last year and is scheduled to go live in September 2023.

New Generation | New Vision Project

No decision has been made so far. We are in constant communication with the council in order to complete the required surveys requested. As per previous year Lillah donations have been raised for the project to.

TAR

March 2012

Section D Achievements and erformance p

TAR

March 2012

Section E Financial review Brief statement of the charity's pollcy on reserves The CIO falls under the £500,000 turnover boundary for detailed financi81 accounting being a reqU1Ment. The CIO has no specific declared policy on reserves but will maintain a minimum bank account balan of £1000 in order to meet any completely urrforeseen expenses. Care is taken to accumulale sifficrent funds at the end of the year to cover all anticipated running costs during the following finanaal year without having to use Ihe £1000 minimum balan. There is an operating surplus for this year refiects the donation by the cornmunity towards the undergoing rovements and lans for extension buildin works. Details of any funds matsrialty In deficit Not applicable. Further financial revlew details (Optional Snfomiationl You may choose lo indude In general the running costs of the CIO are covered by donations from additional infomiation, where various sources, donations in return for community tasks and activtties relevant about= the charity's principal The CIO is in a healthy financial position at the end of the year. sources of funds {including any fundraising), how expendrture has supported the key objectives of the eharity., investment policy and objectives inclLtding any ethical investment policy adopted. Section F Other optional information Section G Declaration The trustses declare that they have approved the trustees, report above. Signed on behalf of the chartty's trustses Signaturels) Full name(s) Positlon (eg Secretary. Chair, Junaid Bhad Faiz Nagori TTUStee Trustee Date 3110312024 TAR March 2012