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2023-06-30-accounts

Company Registered Number 11413546

Registered Charity number: 1183590

IMAMIA MISSION EAST LONDON UK LTD

Report of the Trustees and Financial Statements For the Year Ended 30 June 2023

(A Company Limited by Guarantee)

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IMAMIA MISSION EAST LONDON UK LTD

Contents of the Financial Statements for the Year Ended 30 June 2023

Page
Reference and Administrative Details 3
Trustees' Report 4-6
Independent examiner's report 7
Statement of Financial Activities
(incorporating an income and expenditure account) 8
Balance Sheet 9
Notes to the Financial Statements 10-12

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IMAMIA MISSION EAST LONDON UK LTD (“The Mission”) REFERENCE AND ADMINISTRATIVE DETAILS

For the year ended 30 June 2023

Governing Document

The Company (The Mission”) was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association amended and adopted on 24 May 2019.

Directors & Trustees

The directors of the charitable company (''the Charity'') are its trustees for the purpose of the Charity Law and throughout this report are collectively referred to as the Trustees.

The Trustees who served during the year and since the year end were as follows:

Basharat Hussain Syed Iftikhar Hussain Syed Naqvi Seer Hussain Shah

Registered and Principal Office

98 Park Avenue, Barking, Essex IG11 8QX

Bankers Barclays Bank PLC

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IMAMIA MISSION EAST LONDON UK LTD (“The Mission”)

Trustee’s’ Report

Trustee’s’ Report for the year ended 30 June 2023

The Trustees present their annual report with the financial statements of the Charity for the period ended 30 June 2023 and confirm that they comply with the Charities Act 1993, as amended by the Charities Act 2006 and 2011, the Articles and Charities SORP (FS 102).

History of the Charity

Imamia Mission East London UK Ltd was incorporate on 13 June 2018. On 24 May 2019 it was granted registered charity status with the Charities Commission of England and Wales under Charity number: 1183590. At the point of incorporation fixtures and fitting, office equipment, cash and bank and in hand were passed on to the charity.

Objectives of the charity

We have always, and will continue to, take our responsibilities of ensuring that our charitable activities contribute significantly to the advancement of Islamic religion in accordance with the principles and tenets of the Shi’ah Ithna Ashari Muslim faith and for the benefit of the public in particularly but not exclusively by:

  1. The advancement of education amongst the Muslim and Shi'a Ithna Ashari Muslim community

  2. The provision of facilities in the interest of social welfare for the recreation and leisure time occupation for those who are in need by reason of their youth, age, infirmity, disablement, poverty, or social or economic circumstances, in order to improve their conditions of life.

  3. To establish a Centre for Islamic services in the United Kingdom

  4. Maintaining mosque functions to hold prayers

  5. To perform and organise religious ceremonies or gatherings on births, marriages, death, divorce and similar occasions including conducting Islamic Civil Marriages and Divorces and to establish or support an alternative dispute resolution service (ADR) Hosting lectures and visits

  6. Celebrating Islamic festival

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  1. Providing Islamic funeral and other services required by the community

  2. To enter into dialogue with other divine religions and to organise conferences and seminars to teach, lecture and disseminate the faith and moral values among Muslims and non-Muslims

  3. To establish or support a library or libraries or digital library or libraries

The Mission will be an accessible and welcoming venue whilst delivering the above objectives.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Mission is controlled by its governing documents, Memorandum and Articles of Association. The board of Trustees administer the Mission. The Trustees meet three times a year, and there are committees covering finance and Personnel. The trustees are responsible for setting general policy, finalising and approving the annual plan and budget, monitoring the Mission and taking major decisions about the strategic direction of the charity and any capital expenditure. The Trustees give their time freely and receive no remuneration or any other financial benefits.

A Principal Administrator is appointed by the Trustees to manage the day to day operations of the Mission. To facilitate effective operations, the Principal Administrator has delegated authority, within terms of delegation approved by the Trustees, for operational matters including finance, employment and performance related activity. The Principal Administrator give his time freely and receive no remuneration or any other financial benefits.

Risk Management

The Board of Trustees have assessed the major risks to which the Mission is exposed, in the those related to the operations and finances of the Mission. These risks are formally documented and regularly reviewed, and the Trustees are satisfied that systems are in place to mitigate the Mission’s exposure to significant risk. The Mission is also seeking to recruit additional Trustees so that our beneficiaries can benefit from further perspectives.

Achievements and Performance

The Mission has carried out a wide range of the activities in pursuance of its charitable aims including and not exclusive to the provision and delivery of:

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The trustees consider that these activities, summarised above, provide benefit both to those who worship at our Mission and the wider community of East London (UK).

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IMAMIA MISSION EAST LONDON UK LTD

Trustee's Report

Statement of Trustees Responsibilities

The Trustees are aware that Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure for that period. In preparing those financial statements, the directors are required to.

The charity's trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to 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.

The charity's trustees are satisfied that the internal controls operated to safeguard the Charity's assets are appropriated to the nature and scale of the Charity's operations.

The charity's trustees have assessed risks affecting the Charity and believe that safeguards against significant risks are in place as f: as practical.

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..... �
Mr M Mr Seer Hussain Shah
Syed Iftikhar Hussain
Trustee Trustee Trustee Trustee
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Date: 26 March 2024 Date: 26 March 2024

Date: 26 March 2024 Date: 26 March 2024

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IMAMIA MISSION EAST LONDON UK LTD Independent Examiner's Report ftbr the year e￿￿ed 30 June 2023 We report on the ae¢ounts for the year eT)ded 30 June 2023. which are set out on page5 eight to twelve. Respectlve responsibilitleg of trusteey and e%*nJiner As the charity's trustee5 {the direetors for the purposes of company law) are re%w>nsible for the preparation ofthe financia] statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, I have examined your charity's accounts as required under section 145 of the Charities Act 2011 I'the Act.). I¥L ¢arying out rny examination I have follow¢d the Dirwtors given by the Charity Commissi{￿ under 145 {5Xb) of th¢ 201 IAct. My role is lo stste whether any material matters have come to my attention giving me cause to believe: l. That WCQUTJting records were not kept as r¢quired by section 380 of the Comp3nies A￿ 2006 or 2. That the accounts do not accord with those records or 3. That the accounts do not comply H'ith the accounting requirements of section 396 of the Company Act 21K16 and with the Inethods and principles of the Chaiities Statement of R￿QMMended Practice applicable to charities preparing their accounts in accordance with the Financia] Rew)rting Standard applicable in the UK and Republic of ITeland- or 4. That th¢ff is further informalion ne¢d¢d for a proper wid¢TStanding of the accounts. Indep¢rtdent examiner's statement I have completed my examination 2nd have no ¢oncems in respect of the matters { l) and {4} listed above and, in connection with following the Directions of the Charity Commission I hav¢ found no matters that require drawing lo your attention. Faisul Alain MAAT The Association of Accounling Teehnieians FZCO Accountants Limited CEME Innovation Centre Marsh Way, Rainham Essex, RMI 3 8EU 26 Mar¢h 2024

IMAMIA MISSION EAST LONDON UK LTD

Statement of Financial Activities

for the year ended 30 Jane 2023

Incoming Resources
Notes
Activities in furtherance of the charity’s
objects:
Donations and generating funds
2
Total Incoming Resources
Resources Expended
Other resources expended
3
Governance costs
4
Total Resources Expended
Net Income
Total funds brought forward
Total funds carried forward		 Unrestricted
Funds
Restricted
Funds
£
£
71,901
71,901
46,526
1,600
48,126
23,775
215,973
239,748		 30.06.2023
£
71,901
71,901
46,526
1,600
48,126
23,775
215,973
239,748		 30.06.2022
38,929
39,548
35,400
3,636
39,036
(108)
216,081
215,973

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above.

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IMAMIA MISSION EAST LONDON UK LTD

Balance Sheet

As of 30 June 2023,

As of 30 June 2023,
Notes
Fixed Assets
Building/Equipment
7
Current Assets
Cash at bank and in hand
Creditors: amounts falling due within one year and more
8
Net Current Assets:
Total Assets less Current Liabilities:
Income Funds
Unrestricted funds
Total Funds		 £
8,036		 30.06.2023
£
470,892
8,036
(239,180)
239,748
239,748
239,748		 30.06.2022
464,120
41,981
(290,128)
(239,180)
215,973
215,973
215,973

For the financial period in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

No members have required the company to obtain an audit of its accounts for the period in question in accordance with section 476 of the Companies Act 2006.

The trustees/directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies’ regime.

The financial statement was approved by the Board of Directors/ Trustees

On 26 March 2024, and were signed on its behalf by

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Mr Basharat Hussain Mr Syed Iftikhar Hussain
Trustee Trustee
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Mr Seer Hussain Shah
Trustee Trustee
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Trustee
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IMAMIA MISSION EAST LONDON UK LTD

Notes to the Financial Statements for the period ended 30 June 2023

Note 1: Accounting Policies

Accounting convention

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in

accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011, The financial statements have been prepared under the historical cost convention.

Incoming Resources

Incoming resources represents grants and donations from Local Authorities and other charitable bodies (on an accruals basis), together with donations and contributions to costs from participants and other interested parties.

Deferral of incoming Resources

Grants received during the year which relate to future periods are deferred to those future periods but are shown on the face of the statement of financial activities in accordance with the SORP.

Resources Expended

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of the overall direction and administration on each activity, comprising the salary and overhead cost of the central function, is apportioned equally across the board .

Taxation

The Charity is exempt from corporation tax on its charitable activities.

Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Note 2: Donations and similar incoming resources

Unrestricted 2023 Donations 71,901 38,929 71,901 38,929

Donation are received from members of the public to support the work of Imamia Mission East London in the advancement of the Islamic religion for the benefit of the public.

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IMAMIA MISSION EAST LONDON UK LTD

Notes to the Financial Statements

For the year ended 30 June 2023

Note 3: Resources Expended

Unrestricted 2023 £ £ Events costs and Others (inc. cleaning, security) 2,263 2,263 Food Tabaruk 15,138 15,138 Hall 5,000 5,000 Speakers 17,430 17,430 Light and heat 4,701 4,701 Insurance 1,378 1,378 Telephone, Internet 616 616 46,526 46,526 Note 4: Governance Costs Unrestricted 2023 £ £ Legal and professional fees 1,000 1,000 Accountancy 600 600 1 ,600 1,600

Note 5: Trustees' remuneration and expenses

No remuneration directly or indirectly out of the charity was paid or payable to any trustee.

During the period no expenses were reimbursed to the trustees of the Charity.

Note 6: Taxation

Imamia Mission East London is a registered charity and is exempt under Part 1 of the Corporation

Tax Act 2010 on its income and Section 256 Taxation of Chargeable Gains Act 1992 on its Capital Gains. The Charity is registered for VAT and the expenditure excludes VAT where applicable.

Note 7: Fixed Assets for use by the Charity

Land and Building Total £ £ Brought forward at 30 June 2022 464,120 464,120 Cost Additions 6,772 6,772 Carried forward at 30 June 2023 470,892 470,892 Net Book Value at 30 June 2023 470,892 470,892

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The notes form part of these financial statements

IMAMIA MISSION EAST LONDON UK LTD

Notes to the Financial Statements

For the year ended 30 June 2023

Note 8: Creditors

Amounts falling due within one year: 2023 £ Bank Loan 30,680 Trade creditors 600 Qaraz Hasna (Loan) 207,900 239,180

Note 9: Capital commitments

At 30 June 2023 the charity had no annual commitments

Note 10: Related Parties

There were no transactions with related patties during the period.

The notes form part of these financial statements

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