CHARrrY REGISTRATION NUMBER 1186590 MASJID TAYBAH FINANCIAL STATEMENTS 31 MARCH 2025
MASJID TAYBAH FINANCIAL STATEMENTS PERIOD TO 31 PAARCH 2025 CONTENTS PAGE Trustees Annual Report Independent Examiners Report Statement of Financial ActFVities Balan Sheet Notes 14 8-10
MASJID TAYBAH TRUSTEES ANNUAL REPORT PERIOD TO 31 MARCH 2025 The Trustees have pleasure in presenting their reFMXt and UnaJrted finanoal statements of the Chanty for the to 31 MARCH 2025. REFERENCE AND ADAIINISTRATIVE DETAILS Reglslered ch•rfty namo MASJID TAY&4H CHARITY REGISTRATION nwnber 1186590 Reglstsrad offi. 362 SL sav[5 Road, Leicester, LE5 4HJ THE Truste The Trustees who Se1 (*arty durirwJ the penod as follows: ABDINASIR MOHAMED (from 10102r2025) MUSTAEF DAOUD MAHMUD MOHAMMED BEN RAMADAN AMGED BENZREBA (until 1010212025) Charlty Accountants Fusion Accounting Ltd 398A East Park Road. Leicester, LE5 SHH Independent Examlners Ryalls HMB Limtted 97 Evington Drive, Leicester, Leicestershire, LES SPH STRUCTURE, GOVERNANCE AND IAANAGEMEKr MASJID TAY&4H is a Charitable Incorporated Organisation (CIO) registered with the Charty Commission on 26A)9r2019 wrth a ConstitutM)n last arnend on 13102r2020. OBJECTIVES AND ACTivrnES The obj'ectives of the organisation. as set (Krt in ts governing dowment are.. {11 to relieve financial hardship, distress and suffering among poor people. vith'ms of natural and man-made disasters, and other rwle in need by means of. but not exdusively. making grants or loans for providing or paying for items. equiwnent. Servic arKI faa"lrties. induding the provisbon of food. clean water and dothing. arKI costs for education or medical treatrnent for the benefft of ts saKI (2) to advance the rel10n of Islam. by means of. Ixjt not exdusNety. worrth"rvJ teaching5 and tenets of Islam via the provisim or $1sn in the [0Vision of Islarnic fa¢ilities for T•h1p, Islamic education classes. facilities for nikah and other Islamic actNths as detemiined from time to time. in accordan with the teathiNJs of the Quran and sunnah of the ProplEt Muhammad (peace IesSIngS be upon him) as inwyeted by the Ahle sunnah Wal Jamaah school of thought.
MASJID TAYBAH TRUSTEES ANNUAL REPORT (¢tythu•dJ PERIOD TO 31 MARCH 2025 ACHIEVEPAENTS AND PERFORMANCE During the period, the trustees secured donations from the public for the masjid and humanitarian projects for projects around the worfd. The trustees worked with partner charities for the delivery of humanitanan projects which allowed the trustees to deliver the food distribLrtion project, water wells project. Masibd Support project, orphanage support project, Qurbani distribution project, Sadaqa distribution project. Iftar distribution project, Quran distribution project and Masjid support projed benefith.ng over 5.OCNJ poor and needy people during the penod. PUBLIC BENEFIT STATEMENT The trustees have considered the general guidan on public benefft Iss1 by the Charrty Commission and has tsken due regard of that guidan. The trustees consider that they are satisfied that the ¢harity'S activibes do benefft the public as it is relieving financial hardship in meeting an identrfiable need and advanang Islam for public benefft. The trustees have benefftted many indtvNluals and families and has helped them to fulfil their basic needs to sustain lrfe and have help meet the religious needs of Muslims. FINANCIAL REVIEW The trustees secured income of £386,335 during the period of which £19.225 were grants received from other chanties. The expenditure during the period was £283.985 of whith grants were £160.972. This generated a surplus of £102.350. This was added to the prior year reserves in order to undertake charttable expenditure in the comirNJ years. The totsl reserves held by the charity at the end of the period was £142,592. PLANS FOR FUTURE PERIODS Future plans are to conts'nue to run the masjKI aththes and undertake the various humanitarian projects and impacting the lives of thousarKls of those in hardship and povety. RESPONSIBILITIES OF THE TRUSTEES The charity's trustees are responsible for prepanng the Tnjstees Annual Report and the financial statements in accordan wrth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practi).
MASJID TAYBAH TRUSTEES ANNUAL REPORT (<•v PERIOD TO 31 MARCH 2025 The law applicable to chariiies in ENJland and Wales requires the trustees to prepare financial statements for eath financial year whic give a true and fair view of the state of affairs of the tharity and of the incoming resources and application of resour of the charity for that peri(xl. In preparing these financial statements. the trustees are required to: sew suitable accountirwJ policies and then ap trm ¢or6istentty; obseprfe the methods arwj pnnciples in the Charibes SORP; make judgements arKI estimates that are reasonable and wudent; sL2te whether applicable accntIlY standards have been followed. subj'ect to any material departures disdosed arKI explained in the financaal sLements: wepare the financtal statements on the going concern basis unless it is inapwowe to presume that the drity wll rinUe in operation. The trustees are sponsible for keepiNJ rnper acccxJntiNJ records that disdose with reasonab accuracy at any time the financial poS.0n of the charty and enable them to ensure that the financial statements comply wrlh the Charrlies Act 1993 and the Charity (Accounts and Reports) RegulatK?ns 2008. The trustees are also responsble for safeguardirNJ ts assets of the cArity and hence for taking reasonable steps for the prevent and detedim of fra and other irregarlis. APPROVAL reFKrt was apwoved ty the Tntstees on 1 S11212025 And suned on their behalf by mahMj Ben Ramadan Chaimian & Tnjstee
MASJID TAYBAH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF I report to the charty trustees on my examination of the accounts of the Chartty for the year ended 31st MARCH 2025. R8sponsibllill•s and basls of r•port The chantys trustees are resFKnsible for the preparation of the COunts. The charty's trustees onsider that an audit is not required for this year under sedion 144 of the Charities Act 2011 ('the Charities Act") and that an independent examination is sufficient for extemal scrutiny. It is my responsibilty to.. examine the accounts uThYer sedion 145 of the Charities Ac. to follow the procedures laid down in the general Directions given by the Charrty Commission (under sedion 145(5){b) of the Charities Act, and to state whether particular matters have come to my attention Basls of Independent examlne¢s statthnert My examinatK)n was carried out in accordan with general Directtons given by the Charity Commission. An examination indudes a review of the aco)untirvJ records kept by the charity and a comparison of the accounts presented with those records. It also indudes consideration of any unusual rtems or disclosures in the accounts. and seeking explanations from the trustees conceming any such matters. The wocedures undertaken do not wovide all the evidenr£ that would be required in an audrt. and consequendy no oFxnion is given as to whether the accounts present a Irue and fairf view and the report is limited to thcw matters Set out in the statement belchv. Indendent examinerf$ Stateme In connection with my examination. no material matters have come to my attention which gives me cause to believe that in. any material respect: the accounting records were not kW in accordarKe with sectK)n 130 of the Charities Act,. or the a¢¢ounts did not accord with the accounh'ng records., or the accounts did not comply wilh the applicab requirements conceming the fomi and content of accounts set (MJI in the ChaTitEs (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fairf view which is not a matter onsidered as part of an indeFendent examinaticffl. I have come across no other matteT5 in conneclion with the examination to which attention should drawn in this report in order to enable a prow understanding of the accounts to be reached. Zubair Sidat FCCA Ryall HMB Limited
MASJID TAYBAH STATEMENT OF FINANCIAL ACTIVITIES (SOFA) PERIOD TO 31 PAARCH 2025 Total Fund• Period to 31 IAar 25 Total 31 Alar24 Funds Funds INCOME from dwations and legacies 3 365.810 19.225 385.035 other trading activty Totsl 365,810 19.225 385,035 246,498 EXpENuRE on raising furKts 4 37,751 37.751 37.746 charitabk8 actIVrt S 225.642 19.225 229.866 other expendrture Totsl 263.393 19.225 282.618 267.612 Net Income before Tax Tax payable Net income after Tax gainsllosses on assets 102.417 102.417 102.417 102,417 NEf INCOME 102.417 102,417 Transfefs between funds Net movement in fvnds Reconciliation of funds Total funds brought forward 40.242 40.242 61,356 Total funds carried forward 141669 142.669 40,242
MASJID TAYBAH BALANCE SHEET PERIODTO 31 MARCH 2025 Total Funds Period to 31 Mar 25 Unrestricted Restricted Funds Funds Total 31 Alar 24 FIXED ASSErs Tangible fixed assets 2.627 2,627 2,880 CURRENT ASSETS Cash in hand and bank 141.202 141.202 92.062 Total 141.202 141.202 92.062 LIABILITIES Creditors fallirKJ due within 6 one year 1,170 1,170 54.700 Net current assets 140.032 Total assets less current liabilities 142.659 141659 37,362 Total Net Assots 142,659 40,242 The funds of the charity Unrestrided funds Restricted funds 141659 40,242 Total 141659 40,242 These accounts were approved by the Trustees on 1511212025 And SMJned on their behalf by Mahmud Ben Ramadan Chaimian & TnBtee
MAWID TAYBAH NOTES TO THE FINANCIAL STATEMENTS PERIOD TO 31 PAARCH 2025 1. ACCOUNTING POLICIES a) Basls of accounting The accounts have been prepared in accordan with the Statement of Recommended Practice.. Accounting and ReportirvJ by Chanties weparing their accounts in accordance with the Financial Reporting StaThJard appltcable in the UK aTrJ Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Financial Reporting Standard ap1¢able in the United 'ngdom and Republic of Ireland (FRS 102) and vnth the Charities Act 2011. The new acownting wIleS are relevant to the size and nature of the chartys income for the period. The pnor year accounts were based on a rewpts and payments basis and are stated on an ac¢xual basis in the comparison column for prr year. The Ghange of accounting format The thange in a¢countirwJ policm has only resulled in minor norFmaterial dIfferenS arising. As su( rbo uWernent to restate wior or current year figures has arisen. The chanty constitutes a putAic benefit entty as defined by FRS 102. b) Fund accounting Unrestricted funds are general funds that are available for use at the trustees. discreti furtheran of any of the owtsves of the chanty. Restrided funds are those dated ts use in a Partular area (w kn 5fiC purFX)s8s. the use of whith is restricted to that Wea purFX)se and the restri&ion means that the funds can only be used for speafic projects or actsvities. c) Incoming resou Voluntary income, indudirvJ donatK)ns. gffts arKJ legac and grants that FVide core fijnding or are of a general nature. are recognll8ed bvhere there is entstlernt, certainty of receipt and the amount can be measured wtth sufficient reliabilty. Income from charrtable activitses includes income recognised as eamed (as the related goods or SeICe$ are FKovided) urthr corrtrad or where entrtlement to grant funding is subject to speafic performance corKlitions. Grant income induded in thts (2tegory provKles funding to supp)rt prc•Jramme acINit and is recognised v•)ere there is entiuement, certainty of receipt and the amourrt can be measured wth suffiaent reliability. d} Resources •xp•ndod Expenditure is recognised when a liat¥'lty is Inrred. Funding Fxovthl through c(x)tractual agreements arKI FErf0mn related grants are recognised as goods or serViS are supplied Other grant payments are re¢ognised a constru(the oblwation arises that resurts in the payment being an unavoKlable commttment. Costs of raising funds are those costs incurred in attractiTrJ voluntary income. and those incurred in trading actIvrts that raise lunds.
MASJID TAYBAH NOTES TO THE FINANCIAL STATEPIJENTS (continued) PERIOD TO 31 MARCH 2025 2. Staff Disclosures Total number of staff employed is 4. No staff receNed remuneration above £60.IJOO during the periLXJ. 3. INCOME from donath>ns and legacies Unrestricted Restricted Total Donations Grants - From Institutions 365,810 365,810 19.225 19.225 TOTAL 366,810 19,225 385,035 4. EXPENDITURE on rnising funds Unrestricted Restricted Total Fundraising costs 37.751 37.751 TOTAL 37.751 37.751 S. EXPENDITURE Charitable activities Unrestricted Restrlctod Total Grants 141.747 41 19.225 160,972 Staff Costs Gas and Electricrty Consultancy Costs Cleaning Repairs arKI Maintenan Bank charges & Platform Fees PrintirYJ and Stationery Depreciation Websrte Accountants fees Insurance Telephone Sundry Costs 34.259 12,958 12,946 5,230 2.237 1,170 693 562 100 TOTAL 226,642 19,225 244,867
MASJID TAYBAH
NOTES TO THE FINANCIAL STATEMENTS (continued) PERIOD TO 31 MARCH 2025
6.LIABILITIES: Amounts falling due within one year
| 6.LIABILITIES: Amounts falling | due within one y |
|---|---|
| £ | |
| Trade creditors | |
| Accruals | 1,170 |
| ----- | |
| ----- | |
| TOTL | 1,170 |
7. CONNECTED PARTY TRANSACTIONS
There were no remuneration or payments to trustees or connected parties.
8. FIXED ASSETS
| 8. FIXED ASSETS | |
|---|---|
| £ | |
| Net Book Value b/f | 2,880 |
| Additions-Ofce Equipment | 3,284 |
| Disposals-Vehicle | (1,300) |
| Depreciation charge | (2,237) |
| Net Book Value c/f | 2,627 |
| As of 31/03/2025 |