MAKKI MASJID ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Registered Charity No: 1119384 Ferguson & Co Chartered Certified Accountants 651 Mauldeth Road West Chorjton Manchester M217SA TABLE OF CONfEKrs 1n]stee5 and Professional Advisors Trustees Report Statement of Trustees, responsibhtieb for the accounts tndcpendent Review Statement of financial activities Ba]ance Sheet 13 Notes to the accounts MAKKI MASJID Page I TRUSTEES AND PROFESSIONALADVISORS TRUSTEES: Mr. f21toukh Zaheer (Ch2tr) . Rabnawaz Akbar (Secretsry) Mr. J2Trid Iqb21 Mr. Mohatntned Ashraf fr. Aman Ull2h Sheikh MAIN OFFICE: 125 Betesfotd Road Longsght Manchester M13 ufA BANKERS: Naticmal Wcstminster Bank PIC 821 Stockport Road IEvenshulme anchestet M19 3PL Al Rayan Bank Edgbaston House 3 Duchess P]ACe Hagley Road B16 8NH AccouNfANfs: Fetguson & Cu Cbarterted Certified Accountsnts 651 Mauldeth Road West Chorlton Manchestet M21 7SA MAKKI MASJID TRUSTEES REPORT FOR THE YEAR ENDED 31 MAR 2025 Page 2 Thc Trnstees present their report and finAnaai statement5 of the charity for the year ended 31 Mar 2025. The financial statements have been prepated in accordance with the iccountinE poltcics sct out in note I to the Accouncs aod comply with the charity's trnst deed, the Ch￿1t￿e8 Act 2011 and Accounting and Reporting by Ch2Iities: Statemellt of Recommended PTrcticc apphcable to dtsrities preparin8 their Accounts in accordance with the Financigj Rep()rttng Standard App]icable in the UK and Republtc of Ireland published (FRS 102) (effectxve l January 2015). srATUS Makki Masjid is a registered chatity under the charity number 1119384. It has no taxable activities and therefore not iiable to UK t2xation. Jt Is. howev￿. unable to reclaim VAT on expenditure incurred. Trustees The tru5t¢es of the charity. tsnder the ttust dced, are known as Boatd tnembers with voting tights. Tlw have no beneFiciRI Anterest in the charity. All t￿￿tteS give their time volunrarily And receive no benefits from the chariry. Any expenses redain]ed from the charity are set out in notc 9 to the accounts. The trustees undcrtakc a skills audit to identify gaps in Tjoard eXP￿ienCeS and new trustees appointed on a 3-yeat temi io fill these gaps. There is an inductiort and training plan in place fnr all ttu$iees to Strengthcn their rok in srrategic pl2nnit¥. Tru5(ees Are also able to gcce5s rhe organis*tiona] traill1r￿ plan and attend any that they feel would be beneficial to their role 2nd/or understanding. Recruitrnent and Appointment of TnJ$tee8 The'l rusiees of the charity are known as membus of the Management Committee. Under the requiremenrs of the deed, members of the N12nagement fommiitee shall hold office until (￿e end of Annual General Meeiing nexc following their dection ippoinEment or ciFoptton Rrtd shall be elLwble for re-election or re-CO- option. Trnsiee Induction and Training New tn]stccs are recruited following #ll recruitment proce5$ and a succe5s£ul induction. All Aew trustee$ are gitren an induction when they Start which gives them up to date itiforn)ation on our serriccs, fmances, fi]ndll￿ streams, organi52tional policies and proccdure8, code of conducr and training on our qua]iry assurance 5tsndards. Training 18 provided for the n]anagcmait commitiee on toles and te5pnsibilities OE 2 Injstee and uthei relevant training identificd to a&8l$t and support the work of the trustces. Achievcment & Perfornianee The centre prO￿deS the senTices of a mosque in the south of Manchester. Facilities of the centte are open to thc public all day. It caters for the five daily piAyers. the after school cliiidrett's, madrassa 2nd other Com￿uniry nttds foi the Nluslims of the area. for exampk, marriage ceremonies. wedLknng and Other celebrations and ￿￿tra] prayer%. M&KKI MASJID TRUSTEES REPORT FOR THE YEAR ENDED 31 MAR 2025 (CONTtNUED) Page 3 There are titnes during the cuutse of the year when the centre is busier than norn)aL These occasions Are listed btlow.. (a) Friday Friday is the hohest day of the week for Muslims and special ptayers ate offered around eAdy aEt¢tn(y)n on thi5 day. (b) RAmadhatt The month oERamadhan is the pcriod when members of the Mus]im community are Fasting dunng the day. The normai pia}'e15 ale attended by 2bove avetgge ￿[￿berS and special prayers are offered in the evenings. F(K)d 2nd ]Jght refreshment% are provided for the attendees in the evening every night OE Ram2dhaa. Duiing the last ten days ol R2madh2n the centre is open 24 hours of the day. (e) Eids The Eid Eestiv21 is celebrated ttvice every year by the Mus]im community and once again the centse plays Ats full role in sttving the need of the community,. Thc first Eid celebr2ted 4¢ die end of Ramadhan to mark the passing OE the lioly montli and the second ¢)ne is held approximatdy two and half months lattt to cdebiate the end of the annual pilgrimw to Mccc4 the Hajj. Financial Review In dje year to 31 2025 the chariry htd a tot￿ income of £526.864 (£3718.10 - 2024) and total expenditure of £193.601 (£20.5,709 - 20241. Thts resthied in # net 5Utplus (or the ye%r oF£333.363 (£167.121 - 20?4). Duiing thLS period the Ch￿1t}, have used Eund5 collcctcd in the current period to maintain activity levels. At the end Df the financia] yeai unrestritted tetserves st(M)d at £3,598,i51 ￿5,265,188 - 2024). Inveslmetst powety and policy 'Ilie cash balAnce held in unre5tticted reserves 2t 31 M2r 20?5 was £104,604 (£51,82i - 2024). The trustees gim to maintain free reserves in urtrestricted ￿lld* at a level which equates to approKimately 6 months OF unrestrACted charitable expendit￿e. The Trustee5 collsid￿, havingIegard to the budget foi the next twelve months. that the charity is a going concem. Risk Management The trustecs have conducted a review OE the majoI risks to which the ch2riry is exposed and Systems have been e$tab]ished to mitigate those iisks. plans fot Future Periods and highlights of building projecL' In January 2016. Mgnchester City Council approvcd some amendments which were made tu building plans. 'I￿t new5 was well ttceived by the Trust and curnmuniry aljke were ove4oyed that work could fma]ly begirt on the new projecL Site work commenced in the Summer o(2016 with the groundwoIks and Pr0￿c5Sta well such that by the end uEM2rch 2021. the buid]it)g AS now water-tighL The next phase of the buiid 15 to start on the inrema] works such as the electrical 2nd mechanical works fo]lowcd by the internal finishes and eKternal groundworks 2nd J2ndscaping. MAKKI MASJID TRusfEES REPORT FOR THE YEAR ENDED 31 MAR 2025 ICONfiNUED) P4r4 Tru8iee8 responsibilities in relation to the finatseial $t4tement8 The chatity trustees are responsible Eox prepating the Annual rew>rt and the accounts in accotdance with applicable ]aw and United Kingdom Accounting Srandg£ds (United Ktngdom Generally Accepted Pt#ctice). The12w applicable to Ch￿ltieS in En￿and and Wales iequires the charity tNStees to prepare financial statement5 For each yegr which give a true and fair view of the state of affaiTh of thc chatity and of the incoming resources aod app]ication of resources, of the chality for that puiod. In prepari[¥ the accounts. the TrnSte￿ 2re required to. I Sdeci suiuble accounting ptinciples and then apply them consistendyl 2 Obsetvr the methods and principles in the appltcable ch￿lÈ1e5 SORP. 3 Make judgements and estimates that are reasonable and prndent" 4 State whcther 2ppIicable accountitig stAndards have been followed, subject to any m2tUi21 dep2rtt2res that must be disclosed and explaiocd An the fu￿n￿al sratements. 5 Prepare the financtsl statements on g going concem basi5 unless it IS 2ppropriatr the presume that the dwiry will continue irt busmes8. The trustee5 are responsible lor keeping proper accotsnting records that disdose with rcasonablc acalrdte at any time the financi21 position OE the charAry 2nd tt) enxble them to ensure that the financial starements comply with the Chatitivs Act 2011. the applicable Ch2rities (Accounts and Rcports} Regulations, 2nd rhe provision ol the Trnst decd.'Ihey are at8n responsible for safeguarding the assets of the ch￿lty and taking reasonable $￿p￿ lor the p￿ention and detention OE fraud and other irregularitie8. Appmved by the trustees and signed on thcir bd)alf by. Mr F2rroukh Zaheet Chait of the Ttustecs Date.. Independent Examitiet'8 Report to the Trn8tee8 of MAI￿ MASJID I report on the accounts of the ch2ttty fot the yeat ended 31 Match 2025 which are set out on pages 6 to 13. Respective re8ponyibilities of trustees and examinet Thc chatity's tTr￿tee5 are responsibl¢ fui the pIeparation of thc accounts. The charity's trustees considei that an 2udtt is not tequired for this" year vndct section 144(2) 0£ tbe Ch￿ltieS Act 2011 (the 2011 Act) and that an indq)¢ndent examination is needed. It ts my responsibi]ity to: examine the accaunts under section 145 of the 2011 Ac¢ follow thc ptoc¢dures laid down in the genernl Directions given by the Chatity Commission undet sectton 145(5)(b) of the 2011 Act. and State whether particu]8r matt￿$ have come to attention. Bagis of itidependent examiner'8 te￿tt My examination was carti¢d out in accordance with th¢ general Directions Eiven by thc Charity Commission. An examination includes 2 review of the accounting t¢cord5 kept by the chattty and a compaLiSOll OE the accounts ptesented with those records. It also includes consideration of any unusual item5 Ot disdosures in the accounts and sceking explaDations ft(xn you as t￿SteeS concetning any such matters. The procedure5 undertaken do not provide all the evidence tbat wouId be required in an audit and consequendy no opinion is ￿Ven as to whether the accounts present 3 "true and fair ricTrrf' and the report És limitcd to those matters set out in the statement below. Independent eAaminer'5 Statement In connection with my ¢xamination, no matter has come to attention: which giwes me teasonable cause to believe thaL in arty matCri21 trspcct, the requirements.. to keep accounting Iecoids in accordance FAth Section 130 of the 2011 Acu and to prepare aCco￿nts which accotd with the accounting records and comply with the accounting requirements of the 2011 Act. have not been met. ot to which, in my opinion, attention should be drawn in otdet to enable a proper undetstsnding o 413,500 510,(KX 510,0(KI NET CURRENT ASSETS (308.896) 1418.175) TOTAL ASSEfs LESS CURRENf LIABIiJTIES 3￿98￿51 3265,188 ACCUMULATED FUNDS Unrestiicted fi￿d$ btought foEward Uotestiictcd reseThres foI Li￿ternt year 3.265,188 333J63 3,598,551 3,098,067 167.121 3.265.188 We approve these account5 and confinn that we havc made available au th£ information and explan2ti0ll8 lot thelt pwration. Tru8tc¢ Trustee MR FARROUKH ZAHEER MR RABNAWAZ AKBAR Date . The notes on pgges 8 to 13 foym part of these accounts. MAKta MASJID NOTES TO THE ACCOUNrs For the year ended 31 March 2015 Page 8 L AccouwfING POLICIES The principal accountjng policies adopte4 judgments and key sources ()f Cstirnation uncertsinty in the prepatation of th¢ financial statements are as fullows: BasA8 of accounting The fjnancial statements have been prepated in accordance with Accouniing and Repotting by Chatities: Statement of Recommended Ptactice applicable to charities Prep￿ill8 their accounts in accotdance with the Financial Repotting Standard 2pp]icable in the Lil< and Republic of Iteland (FRS 102) i$sued on 16 July 2014 (as updated thtough Update Bulletin I published on 2 Feb￿ary 2016) - (ch￿LtieS SORP (FRS 102)), the Financial Repottsng Stsndatd app]icable in the UK and Repub]ic of Ire]and (FRS 102) and C.hxrities Act 2011. Preparation of the a¢counts on a going cottcetn basis The twstees consider that there arc no matttial un¢et¢ainties about the cbaritgble company's ability to continue as a going concern. 'Ihe ttustees do not consider that there are any soutccs of estimation uncertainty at thc reporting date th9t have a siwficant tisk uf causing a material adjustment to the canying amount of a5set8 2nd liabilities within the next reportiO8 petiod. Income tecogtiition Income is Iecognised when the chatity has entidement to the fi]nds. any perfomiance coodttions attached to the itcm(s) of income have been meL It is probable that the Incon￿ wi]I be received and th¢ amount can be ea5ured reliabl}'. Donated seThrice8 and facilitie8 Donatcd professional services and donated facilities are recognised as iticome when the charity has control over the itcry any conditions a550Ciated ￿ryth the donated it¢tn have been met, the receipt of economic benefit from thc use b}, the ch￿lty of the itcm is probable and that economic beftefjt can be measuted reliably. In accordancc with the Chatities SORP (b'RS 102), general voluoteet lime AS not Iecognised. refet to the tjxtstees innual report foi more inforn)stion about thcir contribution. On receip¢ donated profcssional setvices and donated faci]itics are recognised on the basA5 of the value of the gift to the chariry which is the amount the charity would have bccTh willing to pay to obtain services or f2cilitics of quivalent ee()n()mic bcnefit on the open marke¢ a cotrcsponding amount is th¢n tecognised in exp¢nd1t￿e in the period of receipt. M￿{KI MASJID NOTES TO THE AccouNfs (CONTINUED) Fot the yeat ended 31 March 2025 Page 9 Current a88et investments The charity holds no investments Taxation The charity is exempt from cotputation tax on its chatitable activitie% Fund accounting U]￿¢stilCted fuads are avai]able to spend on activities that fillther any ()f the purposes of chariry. Designated fimds are unrestricted funds of thc charity which the tmstees have decidcd at their discretion to set asidc tt) use for a specific purpose. Restticted ftmds are donation5 which thc donor has specified are t(> b¢ solely used foI patticular ￿e￿$ of the charity's work or fot specific ptojects bctng undertaken by tbe Cl￿rIty. Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligauon to make 2 payment to a thitd patty. it is probable that settletnent wjll be requited And tbe 2tnount of the obh'gAtion can be me#sured reliably. ExPendI￿re is dassified under the following activiry beadings: Expendltl￿e on Ch￿l￿ble activites includes the costs widertaken to fijrther the ptocess of the charity and their associated support costs. Irrecoret2bl¢ VA'I. is charged as a cost against the activity fot wlu.ch the expend1th￿e was incutted. Allocation of 8UPPOrt C08ts Support costs 2re those fLfftCUOnS thar assist the work of the charity but do not directly undettAke ch￿1[able activities. Support costs includc back office costs. fjnance, pctsonnel> payroll and governaoce costs whLch SUPPOrt the chariry's ptogtammcs 2nd 3Ctivities. Operating leases Operating I(￿sc5 are leases in which dLe tidc to the assets. and the iisks and rewards of ownuship, remain with the lessot. Rcntal charges are charged on a 5ttaight ]ine basis over the tenn of the leas TawThle fixed a8set8 Individu91 fixed assets cofting £500 or more are capitalised at C05t and are depreci2tcd OV￿ theit estinuted use￿1 economic lives on a Straighr line basis as folloivs.. Fix￿reS & Equipment 250/0 on cost Computers & Equipment 25 /0 on cost Play EquipLnent 250/0 on cost MA1￿ MASJID NOTES TO THE AccouTrrrs Fot the year ended 31 Match 2025 Page 10 Debtors Trade and othet debtors are recognised at the scttlement amount due after any trade (h"scount offered. Prepaytnenrs are va]ued at the amount prepxid nct of any trade discounts due. Cash at bank and at hand The Ch￿Ity'S cash at bank aod in hand includes the availability of funds as at 31 March 2025. Cteditors and provi810n8 edttots and ptovisions ate reco￿lSed where the Ch￿lty has i present obIJgation tesulting from a past cvent that will ptoblbty tesuli in the transfer of funds to a third party and the amount due tn scttlc thc Obli￿tIOn can be measured OI estimated ie]iably. Creditors and provisions are nonnally recognised at their 8cttlcmcnr amount after allowing Eoi any trade discounts due. The chatity only has 6nancial assets and financial babth.ties of a ktnd that qualify as b26ic financial instruments. Basic f￿anCIal instruments are inilially tecognised at transactson v￿ue 2nd sub5¢quendy measured at thcit setdement value with the exception 0£ baok loans which are subsequentl)I m¢asut¢d at amortised cost using the effective interest method. Pensions Employees of the chariry have been auto enrolled onto 2 pension scheme ro which the chariry conttibutes. 2.STAFF COSTS 2025 2024 Stsff Sa￿leS, E'cr NIC & Pen5Lon 59,560 53.601 The average numbet of ernployee duting the y¢ar wete. Number Number Administration Volunteers MAKKI MASJID Page 11 NOTES TO THE ACCOUNTS Fot the yeat ended 31 March 2025 3. TANGIBLE FIXED ASSETS Othet Equipment Land & TOTAL Buillting COST At l Apiil 2024 1.452 3,681,911 3,683J63 Additions 224,084 224,084 At 31 March 2025 1.452 3,905,995 3,907.447 NET BOOKVALUE At 31 Match 2025 1,452 3,905,995 3.907,447 At l April 2024 1,452 3,681,911 3,683.363 4.DEBTORS 2025 Othct debtors - MIET L(Mn 40,0(K) 5.CREDITORS 2025 2024 Intttest free community loans 413,500 413,500 510.0 510.(XK) Makki Masiid Page 12 NOTES TO THE AccouNrs For the year ended 31 M4tch 2025 6. ANALYSIS OF INCOME AND EXPENDrruRE 31 Mateh 2025 Rests- icted 31 March 2024 Re8tr- ic*d GenerAI Total Getset41 Totsl Incorne Don2ti0ns & Legdae5 Donations for eKpansion pl4n Fitran4 $2d2ka and other5 Icome from Charitable aetsYitie8 Madti9a lee 67.897 421,106 13,206 67.897 421,1 132LIS 84.384 247,822 21.IXM 84,384 247,822 21.004 24,755 526.964 24,755 526.964 19.620 371830 l(J,620 371830 E￿endItUte on charitabk activitie8. Heat& ]ights G)st on fundraising Rcp2irs 2nd Renewals Fitrana, sa(laka and other donations Urtlmrth travel Tekphone Woges & Sa]Xkies and Pen8ion 45,080 45,080 37.182 143 37,182 143 6.448 22,897 68.570 561 53,601 1.410 25.243 53.975 5.38 59,560 1.410 25,243 53,975 i38 59,560 21897 68.570 561 53,601 Governance C08ts' Independant F.xainination Bank and worldpay charges 4.137 4,137 4,137 4,137 1971 2.971 2.971 1971 Support Co8t8' Printit)g & Stationery Sundry Expenses In8uzaoce Profes5ion41 & consultancy 343 364 1.560 1.392 3,658 343 364 1,5 lJ92 3.658 1.690 9.622 1,260 764 13J36 1,6 9,622 1.260 764 13336 NET INCOME 333.363 167.121 167,1 UNDS BROUGE4T foRWARD 3.265.187 3,265.187 3.098.066 3.098,066 FUNDS CARRIED FORWARD 3￿98￿50 3A98,550 3265,187 3265.187 Makki Masjld Page ]3 NOTES TO THE ACCOUNrs For the yeat ended 31 March 2025 7. ACCUMULATED FUNDS GENERAL RESTRicfED TOTAL Ba]2nce at 31 Mazch 2024 Net income BA1￿ce at 31 March 2025 3,265,187 333,363 3.598.550 3265,187 333.363 3,598.550 8. CONTROLLING PARTY Chauty in undet the share conttol of T￿Stee$ named on p2ge l of the accounts. 9. RELATED PARTY TRANSACTION Th￿¢ bas been no ttan5action vJith the trustess duting the yc2r in any forn]. P024 till)