**REGISTERED CHARITY NUMBER: 1185555** ## Report of the Trustees and Financial Statements for the Year Ended 31 March 2023 for Jamia Masjid and Usmania Education Centr A H Accountancy Services Incorporated Financial Accountants 61A Blagden Street Sheffield South Yorkshire S2 5QS Jamia Masjid and Usmania Education Centr Contents of the Financial Statements for the Year Ended 31 March 2023 |||Page|| |---|---|---|---| |Report of the Trustees||1|| |Independent Examiner's Report||2|| |Statement of Financial Activities||3|| |Balance Sheet||4|| |Notes to the Financial Statements|5|to|8| |Detailed Statement of Financial Activities||9|| Jamia Masjid and Usmania Education Centr for the Year Ended 31 March 2023 ## Report of the Trustees The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS** **Registered Charity number** 1185555 ## **Principal address** 22 Leyburn Road Sheffield S8 0XA ## **Trustees** M A Zahid K Mahmood A Rehmani M Anwar W Mahmood M Y Khalid A Lone ## **Independent Examiner** A H Accountancy Services Incorporated Financial Accountants 61A Blagden Street Sheffield South Yorkshire S2 5QS Approved by order of the board of trustees on 29 April 2024 and signed on its behalf by: A Rehmani - Trustee Page 1 Independent Examiner's Report to the Trustees of Jamia Masjid and Usmania Education Centr ## **Independent examiner's report to the trustees of Jamia Masjid and Usmania Education Centr** I report to the charity trustees on my examination of the accounts of Jamia Masjid and Usmania Education Centr (the Trust) for the year ended 31 March 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Akhtar Hussain FFA FIPA A H Accountancy Services Incorporated Financial Accountants 61A Blagden Street Sheffield South Yorkshire S2 5QS Date: ............................................. Page 2 Jamia Masjid and Usmania Education Centr ## Statement of Financial Activities for the Year Ended 31 March 2023 |||31.3.23|31.3.22| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||171,287|189,007| |Investment income|2|88|27| |**Total**||171,375|189,034| |**EXPENDITURE ON**|||| |Other||3,773|7,753| |**NET INCOME**||167,602|181,281| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||753,480|572,199| |**TOTAL FUNDS CARRIED FORWARD**||921,082|753,480| The notes form part of these financial statements Page 3 Jamia Masjid and Usmania Education Centr ## Balance Sheet ## 31 March 2023 |Notes
**FIXED ASSETS**
Tangible assets
5
**CURRENT ASSETS**
Cash at bank
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
6
Unrestricted funds
**TOTAL FUNDS**|31.3.23
Unrestricted
fund
£
897,437
23,645
23,645
921,082
921,082
921,082
921,082|31.3.22
Total
funds
£
643,461
110,019| |---|---|---| |||110,019| |||753,480| |||753,480| |||753,480| |||753,480| The financial statements were approved by the Board of Trustees and authorised for issue on 29 April 2024 and were signed on its behalf by: A Rehmani - Trustee The notes form part of these financial statements Page 4 Jamia Masjid and Usmania Education Centr Notes to the Financial Statements for the Year Ended 31 March 2023 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** 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 2019)', 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. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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. ## **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. ## **2. INVESTMENT INCOME** |**INVESTMENT INCOME**||| |---|---|---| ||31.3.23|31.3.22| ||£|£| |Bank interest received|88|27| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. Page 5 continued... |Jamia Masjid and Usmania Education Centr
Notes to the Financial Statements-continued
for the Year Ended 31 March 2023
**4.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Investment income
**Total**
**EXPENDITURE ON**
Other
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**5.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2022
Additions
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022
**6.**
**MOVEMENT IN FUNDS**
At 1.4.22
£
**Unrestricted funds**
General fund
753,480
**TOTAL FUNDS**
753,480|Unrestricted
fund
£
189,007
27
189,034
7,753
181,281
572,199
753,480
Freehold
property
£
643,461
253,976
897,437
897,437
643,461
Net
movement
At
in funds
31.3.23
£
£
167,602
921,082
167,602
921,082| |---|---| Page 6 continued... Jamia Masjid and Usmania Education Centr Notes to the Financial Statements - continued for the Year Ended 31 March 2023 ## **6. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Comparative net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
171,375
171,375
At 1.4.21
£
572,199
572,199
Incoming
resources
£
189,034
189,034|Resources
Movement
expended
in funds
£
£
(3,773)
167,602
(3,773)
167,602
Net
movement
At
in funds
31.3.22
£
£
181,281
753,480
181,281
753,480
Resources
Movement
expended
in funds
£
£
(7,753)
181,281
(7,753)
181,281|Resources
Movement
expended
in funds
£
£
(3,773)
167,602
(3,773)
167,602
Net
movement
At
in funds
31.3.22
£
£
181,281
753,480
181,281
753,480
Resources
Movement
expended
in funds
£
£
(7,753)
181,281
(7,753)
181,281| |---|---|---|---| ||||181,281| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.21
£
572,199
572,199|Net
movement
in funds
£
348,883
348,883|At
31.3.23
£
921,082| |---|---|---|---| ||||921,082| continued... Page 7 Jamia Masjid and Usmania Education Centr Notes to the Financial Statements - continued for the Year Ended 31 March 2023 ## **6. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
360,409
360,409|Resources
Movement
expended
in funds
£
£
(11,526)
348,883
(11,526)
348,883|Resources
Movement
expended
in funds
£
£
(11,526)
348,883
(11,526)
348,883| |---|---|---|---| ||||348,883| ## **7. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2023. Page 8 Jamia Masjid and Usmania Education Centr Detailed Statement of Financial Activities for the Year Ended 31 March 2023 |Detailed Statement of Financial Activities
for the Year Ended 31 March 2023||| |---|---|---| ||31.3.23|31.3.22| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Mosque rebuild donations|142,717|136,808| |Donations|28,570|17,699| |Insurance claim refund|-|34,500| ||171,287|189,007| |**Investment income**||| |Bank interest received|88|27| |**Total incoming resources**|171,375|189,034| |**EXPENDITURE**||| |**Support costs**||| |**Management**||| |Rates and water|1,221|985| |Insurance|1,022|-| |Light and heat|244|6,768| |Sundries|86|-| ||2,573|7,753| |**Governance costs**||| |Accountancy and legal fees|1,200|-| |Total resources expended|3,773|7,753| |**Net income**|167,602|181,281| This page does not form part of the statutory financial statements Page 9