**REGISTERED CHARITY NUMBER: 1185364**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Period Ended 30 September 2024**
## **for**
## **MASJID ABU BAKR BILLESLEY LIMITED**
Page 1
**MASJID ABU BAKR BILLESLEY LIMITED**
**CONTENTS OF THE FINANCIAL STATEMENTS For the Period Ended 30 September 2024**
||Page|
|---|---|
|**Report of the Trustees**|3-4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Balance Sheet**|7|
|**Notes to the Financial Statements**|8 to 10|
|**Detailed Statement of Financial Activities**|11|
Page 2
**MASJID ABU BAKR BILLESLEY LIMITED**
**For the Period Ended 30 September 2024**
## **Report of the Trustees**
## **Charity Objectives**
“TO ADVANCE THE ISLAMIC FAITH IN BILLESLEY AND THE SURROUNDING AREA FOR THE PUBLIC BENEFIT, MAINLY BUT NOT EXCLUSIVELY BY -PROVIDING A PLACE OF WORSHIP -RELIGIOUS EDUCATION THE PROMOTION OF MULTICULTURAL AND RELIGIOUS HARMONY BETWEEN MUSLIMS AND NON-MUSLIMS IN ORDER TO FOSTER MUTUAL UNDERSTANDING AND TOLERATION".
## **Objectives for this year**
The main objectives for the year were to continue in accordance with the objectives and to raise funds by collections and donations to enable improvement and achievement of aforementioned objectives.
## **Activities**
The Charity's activities were in line with the furtherance of its objectives, in particular funds were collected to continue with the furtherance of the religious and poverty releif activities
## **Achievements and performance**
The main achievements of the Charity during this year were to continue successfully with its main activities in the furtherance of its objectives. The Charity once again managed to raise a good amount of money. There is no borrowing from the Community or banks and there is a surplus. As usual the Charity received a good amount of donations in the month of Ramadan (fasting).
Page 3
**MASJID ABU BAKR BILLESLEY LIMITED**
## **Report of the Trustees For the Period Ended 30 September 2024**
## **Financial review**
The Charity had a good year in terms of donations collected from members and the community.
## The Charity has regular donors plus a few single donations.
Additionally the community donates on the main prayer day Friday. It is envisaged that this regular funding will continue for the foreseeable future
## **Statement of trustees' responsibilities**
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year. In preparing these financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistendy
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonableprevention and detection of fraud and other irregularities
accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
Approved by order of the board of trustees on ……………………. and signed on its behalf by:
Sayed Khan - Trust
Page 4
**MASJID ABU BAKR BILLESLEY LIMITED**
## **Independent Examiner’s Report to the Trustees For the Period Ended 30 September 2024**
I report on the accounts for the year ended 30 September 2024, which are set out on pages 2 to11.
## **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
- to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act
- to 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 next statement.
## **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
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
## **Kings Accountant**
484 Alcester Road South, Birmingham, England, B14 6EP
Date: .............................................
Page 5
## **MASJID ABU BAKR BILLESLEY LIMITED**
## **PROFIT AND LOSS ACCOUNT For the Period Ended 30 September 2024**
|Notes
**INCOMING RESOURCES**
**Incoming resources from generated funds**
Voluntary income
Other Income
**RESOURCES EXPENDED**
**Charitable activities**
Default
**NET INCOMING/(OUTGOING)**
**RESOURCES**
**RECONCILIATION OF FUNDS**
**TOTAL FUNDS CARRIED FORWARD**|**30/09/2024**
**30/09/2023**
Unrestricted
Unrestricted
Fund
Fund
£
£
89,829
33,602
0
0
5,672
32,000
84,157
1,602
3,352
1,750
87,509
3,352|**30/09/2024**
**30/09/2023**
Unrestricted
Unrestricted
Fund
Fund
£
£
89,829
33,602
0
0
5,672
32,000
84,157
1,602
3,352
1,750
87,509
3,352|
|---|---|---|
|||1,602
1,750|
|||3,352|
Page 6
**MASJID ABU BAKR BILLESLEY LIMITED**
## **BALANCE SHEET**
## **For the Period Ended 30 September 2024**
|**FIXED ASSETS**
Notes
Tangible assets
4
**CURRENT ASSETS**
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
5
**NET CURRENT ASSETS/ (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**FUNDS**
Unrestricted funds
6
**TOTAL FUNDS**|**30/09/2024**
Unrestricted
Fund
£
900
146,608
146,608
(60,000)
86,608
**87,508**
146,609
**146,609**|**30/09/2023**
Unrestricted
Fund
£
900
62,452|
|---|---|---|
|||62,452
(60,000)|
|||2,452|
|||**3,352**|
|||62,452|
|||**62,452**|
The financial statements were approved by the Board of Trustees on ……………….. and were signed on its behalf by:
Mohammed Nisar -Trustee
Muhammad Shiraz -Trustee
Sayed Khan -Trustee
Page 7
**MASJID ABU BAKR BILLESLEY LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **For the Period Ended 30 September 2024**
## **1 ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings
- 20% on cost
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Page 8
**MASJID ABU BAKR BILLESLEY LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued For the Period Ended 30 September 2024**
|**2 TRUSTEES' REMUNERATION AND BENEFITS**
**2024**
£
Trustees' salaries
0
0
**Trustees' expenses**
There were no trustees' expenses paid for the Period Ended 31 March 2022.
**3 STAFF COSTS**
**2024**
£
Wages and salaries
0
0
The average monthly number of employees during the year was as follows:
**2024**
£
Ministers
0
No employees received emoluments in excess of £60,000.|**2023**
£
0|
|---|---|
||0|
||**2023**
£
22,542|
||22,542|
||**2023**
£|
||1|
|||
Page 9
**MASJID ABU BAKR BILLESLEY LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued For the Period Ended 30 September 2024**
|**5 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YE**|**5 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YE**|**5 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YE**|**5 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YE**|**2024**||**2023**|
|---|---|---|---|---|---|---|
|||||£||£|
|Other creditors||||60,000||60,000|
|||||60,000||60,000|
|**6 MOVEMENT IN FUNDS**|||Net movement||Net movemen||
||||in funds|||in funds|
|||||**2024**||**2023**|
|||||£||£|
|**Unrestricted funds**|||||||
|General fund||||146,609||62,452|
|**TOTAL FUNDS**||||146,609||62,452|
|**MOVEMENT IN FUNDS CURRENT YEAR**|||||||
||||Net|||Net|
||||movement||movement||
||b/fwd||in funds|||in funds|
|||£||£||£|
|**Unrestricted funds**|||||||
|General fund||62,452||84,157||146,609|
|**TOTAL FUNDS**||62,452||84,157||146,609|
|Net movement in funds, included|in the above are as follows:||||||
||Incoming|||Resources|Movement||
||resources|||expended||in funds|
|**Unrestricted funds**|||||||
|General fund||89,829||(5,672)||84,157|
|||89,829||(5,672)||84,157|
Page 10
**MASJID ABU BAKR BILLESLEY LIMITED**
## **PROFIT AND LOSS ACCOUNT For the Period Ended 30 September 2024**
|**INCOMING RESOURCES**
**Voluntary income**
Donations
Other Income
**Total incoming resources**
nt
**RESOURCES EXPENDED**
**Charitable activities**
Charity Funding
Staff Cost
Dep & Other Assets Write Off
Other Charges
Bank Charges
PPS
Insurance
L&P
**Total resources expended**
**Net (expenditure)/income**|**2024**
£
89,829
89,829
0
89,829
2,662
0
0
188
126
1,102
637.54
957
5,672
5,672
84,157|**2023**
£
33,602|
|---|---|---|
|||33,602
0
33,602
0
22,542
300
9,158
0
0
0
0|
|||32,000|
|||32,000|
|||1,602|
Page 11