AL MADINAH LIMITED TRUSTEES' REPORT AND FINANCIAL STATENIENTS FOR THE PERIOD ENDED 28 FEBRUARY 2023 Charity Registration Number: 1181722 Company Number: 11226871 Contents Page Trustee’s Report 2-5 Statement of Financial Activities 6 Balance Sheet 7 ## AL MADINAH LIMITED Trustees Report FOR THE PERIOD ENDED 28 FEBRUARY 2023 The Board of Trustees present their report and accounts for the accounting period to 28 February 2023. ## **Accounts** The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's governing document, applicable law and the requirements of the Statement of Recommended Practice "SORP 2005", "Accounting and Reporting by Charities" issued in March 2005 and the Charities Act 2011. ## **Structure** Al Madinah Limited is a charitable company limited by guarantee. The charity was registered in January 2019. ## **Board of Trustees** The charity was founded by a board of trustees who are well-established professionals and have many years of experience in the charitable sector. The Board of Trustees consists of the following individuals: Mr Rajab Alee (Chair Trustee) Mr Al Hassan Abubakari (Trustee) Mr MD Masud Ahmed Chowdhury (Trustee) ## **Registered Details** Registered address: 58 Sandy Ln, Norwich NR12NR Registered charity number: 1181722 Registered company number: 11226871 Chairman: Mr Rajab Alee 1 ## AL MADINAH LIMITED Trustees Report FOR THE PERIOD ENDED 28 FEBRUARY 2023 ## **Aims and objectives:** The Al Madinah Limited serves as a platform for leading UK-based Muslim organisations, associations and individuals for the advancement of relief; the help the general public and facilitate the Religious Activities. ## **Objectives:** - To advance the Islamic religion for the benefit of the public through - Establishing and maintaining an Islamic cultural centre for the Muslim population of Norwich. - To promote racial and religious harmony between Muslims and non-Muslims in order to foster mutual understanding and tolerance leading to social cohesion and social capital and contributing a better society. - To advancing awareness of Islamic values amongst the people of Norwich through the holding of prayer meeting, lectures and public celebration of religious festivals and make available religious books, tracts, films and other information for the public benefit. ## **Guiding Principles:** ## **l.** A united effort To facilitate effective teamwork in serving the Muslims of the Norwich through a collective approach and a united voice with a neutral non-political affiliation. **2.** Integrity, trust and transparency - To be driven by an undeterred trust in our communities and manage our affairs with transparency, honesty and good faith. **3.** Accountability and Humanitarian principles To promote a culture that fosters accountability and humanitarian principles. **4.** High quality and foster innovation To provide a high-quality service by identifying practical applications and choosing pioneering approaches 2 ## AL MADINAH LIMITED Trustees Report FOR THE PERIOD ENDED 28 FEBRUARY 2023 ## **5.** Align fairness and equality To promote equality of opportunity and fair treatment for those we serve, irrespective of politics, beliefs, tribe, clan and gender. ## **6.** Standardized services and professionalism To standardize services and adhere to procedures and policies as agreed by the Al Madinah Limited. Al Madinah Limited will maintain a professional conduct in dealing with beneficiaries, donors and the greater public. ## **7.** Common vision and strategy To have a clear vision of goals and to continuously improve practises by exploring and encouraging effective solutions. ## **8.** Commitment to betterment of our people To commit with absolute conviction and dedication, to the cause of working towards improving the lives of the Muslims. ## **Review of Activities:** Al Madinah Limited is active charity and during this financial year it have generated funds to finance the new building for mosque address; 9 Henstead rd, hethersett, Norwich NR9 3JH. Charity has plan to establish the mosque under the new management of a new charity. 3 ## AL MADINAH LIMITED Trustees Report FOR THE PERIOD ENDED 28 FEBRUARY 2023 ## **Statement of Trustees' responsibilities:** The Trustees (who are also directors of Al Madinah Limited for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the situation of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the trustees are required to: - Select suitable accounting policies and then apply them consistently. - Observe the methods and principles in the Charities SORP. - Make judgements and estimates that are reasonable and prudent. - State whether applicable UK Accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time of the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Board of Trustees and signed on their behalf: Mr Rajab Alee (Chairman) Dated: August 15, 2023 4 ## **AL MADINAH LIMITED STATEMENT OF FNANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2023** |**Notes**
**INCOMING RESOURCES**
**Incoming resources from generated**
**funds**
**Voluntary income**
Grant income
Donations income
Other income
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
Cost of generating funds
Charitable activities:
**TOTAL RESOURCES EXPENDED**
**Net incoming resources before**
**transfer**
Transfers
**Net movement in funds**
Total finds brought forward
**Fund balances carried forward**|**Unrestricted**
**Funds**
**£**
-
41,808
-
-
7,318
-
7,318
-
34,490
-
-
34,490
20,313
54,803|**Restricted**
**Funds**
**£**
-
182,756
-
-
-
-
-
-
182,756
-
-
182,756
97,263
280,019|**Total**
**funds**
**2023**
**£**
-
224,563
-
-
7,318
-
7,318
-
217,245
-
-
217,245
117,576
334,821|**Total**
**funds**
**2022**
**£**
-
18,409
-| |---|---|---|---|---| |||||-| |||||3,659
-| |||||3,659| |||||-
14,750
-| |||||-
14,750
86,082| |||||117,576| The Charity had no recognised gains and losses other than those included above. All the above results are derived from continuing activities 5 ## **AL MADINAH LIMITED BALANCE SHEET FOR THE YEAR ENDED 28 FEBRUARY 2023** |**AL MADINAH LIMITED**
**BALANCE SHEET**
**FOR THE YEAR ENDED 28 FEBRUARY 2023**||||| |---|---|---|---|---| |**Notes**
**FIXED ASSETS**
Tangible assets
**CURRENT ASSETS**
Debtors
Cash at bank and in hand
CREDITORS: amounts falling due within
one year
NET CURRENT ASSETS
NET ASSETS
FUNDS
Unrestricted funds
Restricted fund
TOTAL FUNDS|£|**2023**
£
-65,223
**334,821**
54,803
280,019
**334,821**|£|**2022**
£| ||400,044
0
3,097
68,320||132,083
0
1,662
16,169|14,507| |||||**117,576**| |||||20,313
97,263| |||||**117,576**| The financial statements have been prepared in accordance with the special provisions relating to companies subject to the small company’s regime with Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). For the year ending 28 February 2023 the Charity was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the Charity to obtain an audit in accordance with section 476 of the Companies Act 2006. The Trustees of the Charity acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and for the preparation of accounts. These accounts were approved by the Board of Directors and authorised for issue on 17/07/2023 and signed on their behalf by: Chair Trustee —Mr Rajab Alee Date: August 15, 2023 6 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the** AL MADINAH LIMITED **trustees/directors/ members of On accounts for the year** 28 February 2023 **ended** |**Set out on pages**
**Responsibilities and**
**basis of report**
**Independent**
**examiner's statement**||**Charity no.:**|1181722|Company no.:|11226871| |---|---|---|---|---|---| ||||||| ||||1 To 7||| |||I report to the charity trustees on my examination of the accounts of the
Company for the year ended 28/02/2023.
As the charity’s trustees of the Company (who are also the directors of the
company for the purposes of company law), you are responsible for the
preparation of the accounts in accordance with the requirements of the
Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required
to be audited for this year under Part 16 of the 2006 Act and are eligible for
independent examination, I report in respect of my examination of your
charity’s accounts as carried out under section 145 of the Charities Act 2011
(“the 2011 Act”). In carrying out my examination, I have followed the
Directions given by the Charity Commission (under section 145(5)(b) of the
2011 Act.
[The company’s gross income exceeded £250,000 and I am qualified to
undertake the examination by being a qualified and Licenced member of
Association of Accounting Technicians (AAT)].
I have completed my examination. I confirm that no material matters have
come to my attention (other than that disclosed below *) which gives me
cause to believe that:
• accounting records were kept in accordance with section 386 of the
Companies Act 2006; or
• the accounts do accord with such records; or
• the accounts do comply with relevant accounting requirements under
section 396 of the Companies Act 2006 other than any requirement that the
accounts give a ‘true and fair’ view which is not a matter considered as part
of an independent examination: or
•the accounts have been prepared in accordance with the Charities SORP
(FRS102).|||| 1b I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._ **Date:** August 15,2023 **Signed: Name:** Muhammad Arfan **Relevant professional** Association of Accounting Technicians (AAT) **qualification(s) or body** Licence # 1006831 **(if any): Address:** 3 dene side Great Yarmouth NR30 2HL **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the** Al Madinah limited had bought new building in June 2022, subsequently **examiner wishes to** handover management responsibilities of the building to a new charity called **disclose** . Norfolk British Muslim Association (charity # 1201134) however New Property still under the ownership title of Al Madinah Limited. 1b