2023-03-31-accounts

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THE BARKING MUSLIMS ASSOCIATION CIO

ACCOUNTS FOR THE YEAR ENDED

31 MARCH 2023

Registered Charity No: 1184296

Global Accountancy Servuices Chartered Certified Accountants 57 Cariocca Business Park 2 Hellidon Close Manchester M12 4AH

THE BARKING MUSLIMS ASSOCIATION CIO

Page
1	Trustees and Professional Advisors
2-3	Trustees Report
4	Statement of Trustees' responsiblities
	for the accounts
5	Independent Review
6	Statement of financial activities
7	Balance Sheet
8-13	Notes to the accounts

THE BARKING MUSLIMS ASSOCIATION CIO

Page 1

TRUSTEES AND PROFESSIONAL ADVISORS

TRUSTEES:

TRUSTEES:
	Haji Wali Sher (Chair)
	Ashfaq A Siddique
	Mohammed Abdul Majeed
	Rahbarshaan Rasheed
	Omair Ali Shah
	Christina Rowe
	Moqeet Siddiq
	Seema Parveen (Appointed on 26/10/2022 )
MAIN OFFICE:	2 Victoria Road
	Barking
	Essex IG11 8PY
BANKERS:	HSBC
	23 Ripple Road
	Barking
	IG11 7NW
ACCOUNTANTS:	Global Accountancy Services
	Chartered Certified Accountants
	57 Cariocca Business Park
	2 Hellidon Close
	Manchester
	M12 4AH

THE BARKING MUSLIMS ASSOCIATION CIO TRUSTEES REPORT FOR THE YEAR ENDED 31 MAR 2022

Page 2

The organization continues to operate effectively, ‘punching’ well above its weight and being innovative in i h

As a place of worship, we cater 365 days for the religious and spiritual needs of our communities. We provide Islamic supplementary education for our children and facilitate and support multiple smaller grassroots organizations to do the same using our complex and resources. We participate in and represent Muslims through interfaith work and lead several projects designed and delivered to improve people’s lives. We cater for all the major Islamic events.

In the last year, we have bought and now run an Ofsted Good-rated secondary girls’ school. We have been working hard to rebrand, relaunch, restructure, and enhance and improve on education provision. Having installed a new management team, we are working on a 3-year plan to achieve an Outstanding rating. The vision is that having mastered the delivery of school education at our site, we intend to open satellite premises to expand educational delivery.

The Hive Women’s centre continues to expand and grow and is now well established and respected as a leading women’s group within the borough working closely on multiple service delivery. Led by Women, it now also has impact and representation on the board of trustees

We have an active women’s center called The Hive, which is run and managed by the women of the community. It delivers important and necessary services for women and children, connecting us to this vital part of our community.

We have an established sports programme which has been ongoing for several years which delivers multiple sports programmes attracting a wide section of our communities

Having introduced the Sensory Hive Special educational needs intervention provision, we have now developed this project and are commissioned by both the London Borough of Barking and Dagenham and the borough of Redbridge to deliver specialist interventions. In 2022 this project was recognised nationally by peer organisations, for its innovative approach It is a project which operates at multiple levels, providing specialist interventions, breaking down barriers, providing a voice for those who are sometimes unheard and for numerous reasons may be side-lined.

Page 3

Our food programme continues to grow and we support individuals and families experiencing extreme poverty. We have a small community supermarket offering low-cost food and continue to grow collaborative food supply chains to provide long-term sustainability. We have an established elder’s food programme now expanding in reach to wider sections of the communities and providing fresh food and social interaction for those isolated from social interactions. We are a primary partner in the ‘Meal mate App’, delivering a hot meal service for those experiencing hardship with the aim being that we will produce and deliver over 50,000 hot meals this year and we are looking with partners to soon introduce fresh food availability on the site.

In the last year working in collaboration with other grassroots groups we have led on a project addressing the cost-of-living crisis and health access inequalities. We have designed two prototypes based on the Islamic concepts of ‘Zakat’ and helping ‘neighbours’ which have been thoroughly evaluated and presented to the local authority which is now designing and considering their inclusion in a forward strategy

The infrastructure of the complex is now in its fourth decade and provides a constant challenge to upkeep and maintain. This is a rolling programme together with implementing and upgrading IT systems designed to provide more efficient working practises. We retain and continue to develop a good cadre of volunteers balanced with an increasing number of employees to service an expanding service portfolio. This requires a maturing mindset which appreciates the need to diversify away from a reliance on just goodwill. We believe we are striking a very good balance in this regard, evidenced by the award by the late Her Majesty the Queen Elizabeth in 2022 of The Queens award for voluntary services.

In the coming year we will be looking to develop the school, build on the portfolio of services we presently deliver, grow the Sensory Hive service, solidify our supplementary educational provision, continue to repair and maintain the complex, and introduce a new Wellness room designed to provide respite and physical therapy services to complement our existing talking therapy service provision

A major focus of our service provision will be the development of an adult social care portfolio - as the local authority looks to downscale, restructure, and reassign budgets in this arena - we believe we have a part to play which is in line with our constitution and stated aims but which will be both be challenging and allow us to continue to serve humanity by enhancing and growing our footprint.

Our welfare programme continues to address social ills and our collaborations with established organisations helps us provide food, water, education, and shelter in pursuance of our religious obligations and in congruence with placing humanity at the forefront of our service delivery. Our motto, we cannot help everyone, but everyone can help someone, evidences clearly our focus and objectives.

Lastly, over the last few years we have seen a generational shift in our trustee base as long-term custodians have passed into the next world or moved away due to ill health or personal circumstances. We constantly look to renew and refresh our management base and for it to reflect and be enriched by the diversity of the people we serve. Presently, we are engaged in succession planning and working towards equipping, upskilling and supporting the next generation of leaders.

In conclusion, this organisation of which I have had the honour of being a part off and serving for the majority of my adult life, continues to meet its objectives, to develop and challenge itself and to stay true to its core function- which is to serve the creation of Almighty Allah SWT

A. Siddique

Signed: A Siddique

Page 4

THE BARKING MUSLIMS ASSOCIATION

TRUSTEES REPORT FOR THE YEAR ENDED 31 MAR 2022 (CONTINUED)

Trustees responsibilities in relation to the financial statements

The charity trustees are responsible for preparing the annual report and the accounts in accordance with

The law applicable to Charities in England and Wales requires the charity trustees to prepare financial

In preparing the accounts, the Trustees are required to;

1 Select suitable accounting principles and then apply them consistently;
2 Observe the methods and principles in the applicable Charities SORP;
3 Make judgements and estimates that are reasonable and prudent;
4 State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
5 Prepare the financial statements on a going concern basis unless it is appropriate the presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accurate at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provision of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detention of fraud and other irregularities.

Approved by the trustees and signed on their behalf by;

A. Siddique

..................

Mr A Siddique Trustee

Date: 31 March 2023

Page 5

Independent Examiner's Report to the Trustees of The Barking Muslims Association

I report on the accounts of the charity for the year ended 31 March 2023 which are set out on pages 06 to 13

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act;
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

1 which gives me reasonable cause to believe that, in any material respect, the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act

have not been met; or

2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Qaisar Abbas (FCCA) Global Accountancy Services 57 Cariocca Business Park, 2 Helidon Close, Manchester, M12 4AH Date: 31 March 2023

THE BARKING MUSLIMS ASSOCIATION CIO

Page 6

Statement of Financial Activities

For the year ended 31 March 2023

£ £ 2023	£ £ 2023	£ £ 2022	£ £ 2022
Restricted 195,425	General 420,569	Restricted 86,808	General 279,273

195,425	420,569	86,808	279,273
144,940 0	225,686 10,617 170,287	72,242	242,911 12,550 92,687
144,940	406,591	72,242	348,148
50,485 181,060	13,978 3,276,824	14,566 166,494	(68,875) 3,345,698
231,546	3,290,802	181,060	3,276,824

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

The notes on pages 08 to 13 form part of these accounts.

THE BARKING MUSLIMS ASSOCIATION CIO

Page 7

BALANCE SHEET At 31st March 2023

2023 £	2023 £	2022 £	2022 £
35,272 3,328,861 14,309 436,044 450,354 6,746 6,746 443,608 3,807,740 285,393 3,522,348 231,546 3,290,803 3,522,348		3,396,789 12,100 161,213 173,313 6,271 6,271 167,042 3,563,831 105,947 3,457,884 181,060 3,276,825 3,457,884
	3,807,740		3,563,831
	285,393		105,947
	3,522,348		3,457,884
	231,546 3,290,803		181,060 3,276,825
	3,522,348		3,457,884

We approve these accounts and confirm that we have made available all the information and explanations for their preparation.

M. A. Majeed A. Siddique Trustee Trustee MR MUHAMMED ABDUL MAJEED MR A SIDDIQUE

Date : 31 March 2023

The notes on pages 08 to 13 form part of these accounts.

THE BARKING MUSLIMS ASSOCIATION CIO NOTES TO THE ACCOUNTS For the year ended 31 March 2023

Page 8

1. ACCOUNTING POLICIES

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Basis of accounting

The financial statements have been prepared in accordance with 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) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and Charities Act 2011.

Preparation of the accounts on a going concern basis

The trustees consider that there are no material uncertainties about the charitable company’s ability to continue as a going concern.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

Income recognition

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees annual report for more information about their contribution.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

THE BARKING MUSLIMS ASSOCIATION CIO NOTES TO THE ACCOUNTS (CONTINUED) For the year ended 31 March 2023

Page 9

Current asset investments

The charity has invested into religious education venture incorporated as Qalam Education Ltd.

Taxation

The charity is exempt from corporation tax on its charitable activities

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Expenditure on charitable activites includes the costs undertaken to further the process of the charity and their associated support costs.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity’s programmes and activities.

Operating leases

Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

Tangible fixed assets

Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Freehold Building 2.5% on reducing balance Freehold Land 0% Plant and Machinery 20% reducing balance

THE BARKING MUSLIMS ASSOCIATION CIO NOTES TO THE ACCOUNTS

Page 10

For the year ended 31 March 2023

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and at hand

The charity’s cash at bank and in hand includes the availability of funds as at 31[st] March 2023

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Pensions

Employees of the charity have been auto enrolled onto a pension scheme to which the charity contributes.

2.STAFF COSTS

	2023	2022
Staff salaries, E'er NIC & Pension	136,842	101,230
The average number of
employee during the
year were;	Number	Number
Administration	13	13

THE BARKING MUSLIMS ASSOCIATION CIO

Page 11

NOTES TO THE ACCOUNTS For the year ended 31 March 2023

3. TANGIBLE FIXED ASSETS

COST At 1 April 2022 Additions At 31 March 2023 Depreciation At 1 April 2022 Charge for the year At 31 March 2023 NET BOOK VALUE At 31 March 2023 At 1 April 2022 4. DEBTORS Advances Other 4.CREDITORS Accruals PAYE & NIC control account Wages control account Other creditors	Land & Fixture, fittings TOTAL Building & equipments £ £ £ 3,873,000 208,601 4,081,601 26,968 26,968	Land & Fixture, fittings TOTAL Building & equipments £ £ £ 3,873,000 208,601 4,081,601 26,968 26,968
	3,873,000	235,569 4,108,569
	502,399 84,265	182,413 684,812 10,631 94,896
	586,664	193,044 779,708
	3,286,336	42,525 3,328,861
	3,370,601	26,188 3,396,789
		2023 2022 £ £ 11,936 8,951 2,373 3,149
		14,309 12,100
		2023 2023 £ £ 1,800 3,600 2,539 264 - 2,407 2,407
		6,746 6,271

THE BARKING MUSLIMS ASSOCIATION CIO

Page 12

NOTES TO THE ACCOUNTS

For the year ended 31 March 2023

6. ANALYSIS OF INCOME AND EXPENDITURE

General Restr- Total icted 275,251 104,773 380,024 21,995 21,995 12,160 12,160 745 745 56,497 56,497 10,200 10,200 50,163 50,163 84,210 84,210 - 31 March 2023	General Restr- Total icted 275,251 104,773 380,024 21,995 21,995 12,160 12,160 745 745 56,497 56,497 10,200 10,200 50,163 50,163 84,210 84,210 - 31 March 2023	General Restr- Total icted 275,251 104,773 380,024 21,995 21,995 12,160 12,160 745 745 56,497 56,497 10,200 10,200 50,163 50,163 84,210 84,210 - 31 March 2023	General Restr- Total icted 199,005 53,775 252,780 18,135 18,135 14,898 14,898 865 865 - - 1,839 1,839 77,564 77,564 - 31 March 2022	General Restr- Total icted 199,005 53,775 252,780 18,135 18,135 14,898 14,898 865 865 - - 1,839 1,839 77,564 77,564 - 31 March 2022	General Restr- Total icted 199,005 53,775 252,780 18,135 18,135 14,898 14,898 865 865 - - 1,839 1,839 77,564 77,564 - 31 March 2022
420,569	195,425	615,994	279,273	86,808	366,081
	30,835 114,105	23,082 14,005 30,835 154,604 2,222 - 9,036 136,842	19,234 79,332 11,965 29,665 1,485 101,230	14,000 58,242	19,234 79,332 25,965 87,907 1,485 - - 101,230
225,686	144,940	370,626	242,911	72,242	315,153
7,550 1,017 2,050		7,550 1,017 2,050	1,800 10,487 263		1,800 10,487 263
10,617	-	10,617	12,550	-	12,550
6,180 4,168 626 6,043 23,523 34,851 94,896		6,180 4,168 626 - 6,043 23,523 34,851 94,896	3,994 3,675 2,646 19,815 461 62,096		3,994 3,675 - - 2,646 19,815 461 62,096
170,287	-	170,287	92,687	-	92,687
13,978	50,485	64,463	68,875 -	14,566	54,309 -
3,268,201	189,682	3,457,883	3,337,076	175,116	3,512,192
3,282,179	240,167	3,522,346	3,268,201	189,682	3,457,883

THE BARKING MUSLIMS ASSOCIATION CIO

Page 13

NOTES TO THE ACCOUNTS

For the year ended 31 March 2023

7. ACCUMULATED FUNDS

MULATED FUNDS
GENERAL FUNDS £ Balance at 31 March 2022 3,276,825 Net income 13,978 Balance at 31 March 2023 3,290,803	RESTRICTED FUNDS £ 181,060 50,485	TOTAL £ 3,457,885 64,463
	231,546	3,522,348

8. CONTROLLING PARTY

Charity in under the share control of Trustees named on page 1 of the accounts.

9. RELATED PARTY TRANSACTION

There has been no transaction with the trustess during the year in any form. (2022 nil)

THE BARKING MUSLIMS ASSOCIATION CIO

ACCOUNTS FOR THE YEAR ENDED

31 MARCH 2023

THE BARKING MUSLIMS ASSOCIATION CIO

TABLE OF CONTENTS

TRUSTEES AND PROFESSIONAL ADVISORS

TRUSTEES:

A. Siddique

TRUSTEES REPORT FOR THE YEAR ENDED 31 MAR 2022 (CONTINUED)

Trustees responsibilities in relation to the financial statements

Independent Examiner's Report to the Trustees of The Barking Muslims Association

Respective responsibilities of trustees and examiner

Basis of independent examiner's report

Statement of Financial Activities

For the year ended 31 March 2023

BALANCE SHEET At 31st March 2023

1. ACCOUNTING POLICIES

Basis of accounting

Preparation of the accounts on a going concern basis

Income recognition

Donated services and facilities

Current asset investments

Taxation

Fund accounting

Expenditure and irrecoverable VAT

Allocation of support costs

Operating leases

Tangible fixed assets

For the year ended 31 March 2023

Debtors

Cash at bank and at hand

Creditors and provisions

Financial instruments

Pensions

2.STAFF COSTS

NOTES TO THE ACCOUNTS For the year ended 31 March 2023

3. TANGIBLE FIXED ASSETS

NOTES TO THE ACCOUNTS

For the year ended 31 March 2023

6. ANALYSIS OF INCOME AND EXPENDITURE

NOTES TO THE ACCOUNTS

For the year ended 31 March 2023

7. ACCUMULATED FUNDS

8. CONTROLLING PARTY

9. RELATED PARTY TRANSACTION