2024-03-31-accounts - Islamic Education Centre Madani Masjid

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Islamic Education Centre Madani Masjid

Financial Statements for the year ended 31 March 2024

Registered Charity Number 1181648

Islamic Education Centre Madani Masjid Profit And Loss Account For the year ended 31 March 2024

Income Books Donation Student Fees Expenses Bank Charges Books Building Project 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	6,208.08 11,303.20 13,135.72 (56.80) - (1,386.00) - (70.97) (3,458.75) (364.92) (1,411.31) (58.10) - (3,000.00) (1,184.32) (750.00) (381.33) (447.94)	2024 2023 £ £ 8,760.71 15,004.63 16,539.50 30,647.00 40,304.84 (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) (12,570.44) (19,384.61) 18,076.56 20,920.23

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Islamic Education Centre Madani Masjid Balance Sheet As at 31 March 2024

Receivables Stripe Bank accounts Current a/c Petty Cash Payables EDF Energy Virgin Media Net assets Net wealth Opening Balances Net profit Total funds	110.98 95,592.70 9,050.94 - (31.00) 86,647.06 18,076.56	2024 2023 £ £ 29.37 110.98 29.37 79,694.43 6,533.83 104,643.64 86,228.26 414.43 (25.00) (31.00) 389.43 104,723.62 86,647.06 £ £ 65,726.83 20,920.23 104,723.62 86,647.06 104,723.62 86,647.06

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year 1 4 2023 To 31 3 2024

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 31.03.24), 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 – Alhamdulillah, our educational services continue to flourish, with classes growing from strength to strength year on year. This progress is a reflection of the dedication of our teachers, and the commitment of our students and their families.

As we celebrate this success, it is essential to look ahead and plan for the future. With the upcoming New Generation | New Vision Project , we must take proactive steps to ensure a smooth transition and avoid any potential disruptions to our educational programs.

IEC Marriage website – Alhamdulillah, we are pleased to share that IEC Marriage continues to grow and thrive. Year on year, we have seen a steady increase in users, reflecting the trust and confidence the community places in our platform.

Additionally, we have further improved the website to enhance user experience, making it more accessible, user-friendly, and efficient for everyone. Our goal remains to provide a reliable and supportive platform for individuals seeking marriage in accordance with Islamic values.

New Generation | New Vision Project

Alhamdulillah, Praise be to Allah, the planning application for our project has been accepted as of 22nd February 2024. This is a significant milestone, and we are grateful for this blessing.

Next Steps:

Develop a Detailed Plan: We will now focus on creating a comprehensive plan for the project, including timelines, budgets, and resource allocation.
Engage the Community: We aim to identify and connect with individuals within the community who have the skills, experience, and passion to contribute to the building project.
Organize a Meeting: A community meeting will be arranged to discuss roles, responsibilities, and how everyone can contribute to the success of this initiative.

May Allah guide us and make this project a means of benefit for the community. Ameen.

Let’s work together to bring this vision to life!

TAR

March 2012

Section D Achievements and erformance p

TAR

March 2012

Section E Financial review The GIO fails under the £SOO,000 turnover t)oundary lor detalled financial accx)unling being a requiremwrt. The CIO has no spechfic declared pollcy on serveS but will rnalntaln a mlnlrnum bank actUnt balan( of £1000 in order to meet any pletelY unforeseen expen$. Care Is taken 10 accurnulale suffid8nt fvnds at the end of the year to cover all anlcipd running cost$ durlro the lotlowng financial year withoLrt having to uge the £1000 minirnum balanca. Thore is an oper8ttng surplus lor this year refiecls the donation by tha communty toward8 the undergoing Im venIS and ans for exlenslon buildlnA Brlef stalomant of th• ¢hirlty' pollcy on r•s•N D•tslls of any fvnds m•t•rl•lty In dgficft Not applicable. Furlher flnanclal revlew detslls Ioptlonal Inforniotionl In general the running cos of thè CIO are covered by TratIOnS fram V81iOUS 80urcas. aatrOn$ in retum for comrnunity laskg and actiirities You rnay ¢hoo$g ID indude additional information, where relevant about.. the chaflly's prbnapsl sourcAs of fund8 oncludlng Any fundralsingi: expenditure has supported the koy obctIves of the chanty., Investment Follcy and obiaGtis Including any ethical investrnent policy adoptsd. The ClQ18 In a hY Ilnancial p0611ion at the Ond of tha year. Section F Other optional information Section G Declaration The tru8to•8 doclarn that th•y h•v• ppnw•d th• tiust••8' r•port abov•. Slgnad on bghalf of tho charlty's trust••$ Slgnaturo{8) Full name{•l Poslllon leg Socr•tary. Chalr. Junaid Bhad Faiz Nagori 3110112025 TAR M•rd) 2012