## 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| |---|---|---| Page 1 of 1 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| |---|---|---| Page 1 of 1 ## **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** |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 31.03.23), 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** 5 Section D Achievements and erformance p **TAR** March **2012** 6 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 reqU1￿Ment. 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