2023-04-01-accounts

SOUTH WEST LONDON ISLAMIC SOCIETY REGISTERED CHARITY NUMBER: 1186937 (registered in England and Wales)

ANNUAL AND FINANCIAL REPORT 2023

(PERIOD 2[ND] APRIL 2022 – 1[ST] APRIL 2023)

1

CONTENTS

	Page
Introduction	3
Trustees’ annual report for the period	4
Independent examiner’s report on the accounts	28
Annual accounts for the period	30

2

INTRODUCTION

This is the 2023 annual and financial report of the South West London Islamic Society trustees. It is presented together with the trustees’ annual report for the period, independent examiner’s report on the accounts and the annual accounts for the period ended 1[st] April 2023.

3

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section A Reference and administration details Period start date From: 02/04/2022 Period end date To: 01/04/2023 Charity name South West London Islamic Society Registered charity number 1186937 (registered in England and Wales) Charity's principal address 182 Western Road, London, CR4 3EB Charity trustees who manage Tahir Chaudry (Chair) the charity Mohamed Mahamud (Trustee) Bourhan Ali (Trustee) Jason Mitchell (Trustee) Bankers HSBC Bank PLC, 117 Balham High Rd, Balham, London, SW12, 9AS Metro Bank, Clapham Junction, 4-8 St John’s Road, Battersea, SW11 1PN Accountants Refer to Independent examiner’s report on the accounts

4

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section B

Structure, governance and management

Type of governing document

Trust deed (dated 01 July 2019)

How the charity is constituted

Trust

Trustee selection methods

As explained in the governing document.

Additional governance details

Policies and Procedures

Policies and procedures adopted by the Charity for the induction and training of trustees include:

• Policy Statement

• Diversity

• Role of the board of trustees

• Rules governing the appointment of trustees

• Eligibility to become a trustee

• Process for appointment of trustees

• Expectations of trustees

• Induction programme

• Ongoing support and training

• Review of trustee performance

5

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

In addition to the above, the Charity has designed, documented, implemented and reviewed (quarterly) the following polices in order to ensure the Charity adheres and operates to a stringent governance and compliance framework:

• Risk management Policy, including activities and spending outside England and Wales

• Investment Policy

• Safeguarding vulnerable beneficiaries Policy

• Conflicting interests Policy

• Volunteer management Policy

• Complaints handling Policy

• Health and Safety Policy

• Financial controls and records Policy

• Zakaat Policy

• Campaigns and political activity policy and procedures

• Bullying and harassment policy and procedures

• Website and Social Media Policy

• Speakers Policy

• Volunteer vetting Policy

• Paying staff Policy

• Privacy Policy (including Data Protection and GDPR)

• Serious incident reporting policy and procedures

• Equality & Diversity Policy

• Trustee Code of Conduct Policy

• Trustee Expenses Policy

• Engaging external speakers at charity events policy and procedures

• Pandemic Planning Policy

• Human Resources Policy

• Office Management Policy

• External relations Policy

• Reserves Policy

• Large legacies and donations policy

• Monitoring expenditure outside England and Wales policy

Organisational Structure

The Trustees are responsible for the following:

• The day to day running of the Charity

• Organising events for propagation of the goals of the charity

• All administrative affairs connected to the charity

6

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Principal Risks and Uncertainties (Risk Management Policy)

The trustees have considered the material risks facing the charity and have put in place mitigating controls to address these risks.

During the year 2022-2023, the trustees identified the following key risks and the measures to be taken to address the key identified risks:

Governance risks

Potential risk: The charity lacks direction, strategy and forward planning

• Potential impact: - the charity drifts with no clear objectives, priorities or plans - issues are addressed piecemeal with no strategic reference

• • needs of beneficiaries not fully addressed
• • financial management difficulties

• Steps to mitigate risk: - creation of a strategic plan which sets out the key aims, objectives and policies

• creation of financial plans and budgets

• close monitoring of financial and operational performance

• regular feedback obtained from beneficiaries and funders

Operational risks

Potential risk: Service provision – customer satisfaction Potential impact: - beneficiary complaints - loss/reduction of donations

Steps to mitigate risk : - agreement of quality control procedures

• implementation of complaints procedures

• benchmarking of services and implementation of complaints review

• procedures

Financial risks

Potential risk: Reserves policies Potential impact: - lack of funds or liquidity to respond to new needs or requirements - inability to meet commitments or planned objectives Steps to mitigate risk: - linkage of reserves policy to business plans, activities and identified financial and operating risk

• regularly review reserves policy and reserve levels

7

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Environmental and external factors

Potential risk: Relationship with funders Potential impact: - deterioration in relationship may impact on funding and support available Steps to mitigate risk: - ensuring regular contact and briefings to donors reporting fully on projects

Compliance risk (law and regulation)

Potential risk: Compliance with legislation and regulations appropriate to the activities, size and structure of the charity Potential impact: - fines and penalties from regulators - reputational risks Steps to mitigate risk: - identification of key legal and regulatory requirements - allocation of responsibility for key compliance procedures

Plans for the future

South West London Islamic Society has grown rapidly since its inception. Its future strategy is to ensure it continues and strengthens what it has achieved in the past (refer to achievements during the year section) and to ensure it effectively achieves its objectives.

8

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

To facilitate the worship for the Muslim community. To teach the correct understanding of Islaam to the Muslims & Non-Muslims, by frequent lessons and occasional conferences, for the males & females, young and old, in and around the Boroughs of Wandsworth, Lambeth and Merton.

The trustees review the aims, objectives and activities of the charity each year. This review looks at what the charity has achieved and the outcomes of its work in the reporting period.

The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity’s aims, objectives and activities remained focused on its stated purposes.

Summary of the main activities undertaken for the public benefit in relation to these objects

Advance the Islamic religion for the benefit of the public through:

• Holding prayers

• Lectures

• Producing and/or distributing literature on Islaam to enlighten others about Islam

• Collect the yearly Zakat and distribute to those eligible from amongst the community and those outside the community but known to members of the congregation.

Public Benefit Statement

The trustees have referred, reviewed and adhered to the guidance issued and contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives, and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set. The Trustees have concluded that:

• The aims of the Charity continue to be charitable.

• The aims and work done give identifiable benefits to the charitable sector both directly and indirectly to individuals in need.

• The benefits are for the public, are not unreasonably restricted in any way and certainly not by ability to pay; and there is no detriment or harm arising from these aims or activities.

9

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Additional details of objectives and activities

Investment policy

Should the Charity decide to invest as a means of generating additional revenue, all investment decisions will be discussed amongst all Trustees.

All investments undertaken by the Charity will only be undertaken on the following conditions:

• Unanimous agreement amongst all Trustees

• Ethical investments which are in line with the Charities aims and objectives.

Contribution made by volunteers

The Charity recognises the contribution made by its volunteers and is appreciative of this.

Examples of contributions made by the Charity’s volunteers during the year include:

• Managing the Charity’s social media presence, through Twitter and the Charity’s website.

• Organising and helping with the Charity’s main annual events, Eid and Ramadhan, serving and catering for the community, including a variety of stalls (Islamic literature, goodie bags, bouncy castles, tea & food, ice cream) and stewards.

• Community engagement - weekly youth clubs, including football.

10

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section D Achievements and performance

Summary of the main achievements of the charity during the year

An exceptional, productive and beneficial year for the charity, summarised as per below.

Salah al-Tarāwīḥ – March-April 2023

The charity was able to successfully facilitate ʿIshā prayer followed by the night prayer for the local community during whole month of Ramaḍān.

11

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Community Ifṭār – March-April 2023

Every Friday throughout Ramaḍān, the charity hired a hall to provide the local community with food and drink to break their fasts.

12

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

ʿEid al-Fiṭr – April 2023

We were able to establish the ʿEid al-Fiṭr Prayer in Figgs Marsh park for the local South London community. We managed to accommodate approximately 1500 people.

13

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

– Zakāt Distribution April 2023

The charity collected charity from the local community and distributed it to the poor and needy in South London.

14

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Regular Friday Prayers (Jumʿah) – On-going

The Markaz AIM team regularly establish Friday Jumʿah Prayers for the local community. Men, women, and children are all welcome.

15

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

ʿEid al-Aḍḥā – June 2023

We were able to establish the ʿEid al-Aḍḥā Prayer in Figgs Marsh park for the local South London community. We had a record turnout for the prayers. This year we provided goodie bags and treats for the kids. We also continued to provide free ice-cream, cakes and other food and drinks.

16

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Regular Lessons and Lectures – On-going

The Markaz AIM team facilitate regular lessons and lectures for the local community. We also teach The Qurʾān and the Arabic language.

17

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Building Refurbishment Project – November 23 -Present

The Markaz AIM team have launched the final campaign for the building refurbishment project. Builders are on site and are working tirelessly to complete the final stage.

18

TRUSTEES, ANNUAL REPORT FOR THE PERIOD tyPIt SO WHAT NO Nv¥thotlhetsullOlnq Ispvr¢hg¥¢d4ndt￿￿￿nt BdmlThlstr4lkyhurdleshwebEen COMMUNITY ANNOUNCEMENT.. ALHiIAIDIJiJLAHIiJ W& have reached OFFICIAL CAMPAIGN LAUNCH The Abdullah ibn al-mubarak Refurblshment 144512024 £ioo,000 THANK YO On the Ist of May 2022. by the Fodl. oncl Mercy of Alloh. Team Morkaz Abdullah ibn al-mubarak successfully raised on incredible £725.000. i)WNI.=II £115,001 ￿m￿nItyIn￿￿torthC0rn1n0rnontp JrDlrn 1stoopenlnthewrnrneilnshaAlhand4%requeY)ui¥kD¢wewprnkn The overwhelmin response to our appeal rom the Salafi cornmunity acr055 the world. SnspSred by our prominent mashayikh. fueled o six-month conipaign marked by a plethora of memoroble fundroisins oetivities. 2. eycOnthbutirgfi￿￿0Ity0￿JM￿k1r￿u￿r￿r0Lts nEedtOPOYlPenextlnttalmErttaaurtsUlld￿￿to￿éepo￿tr•ekW￿hrn1e￿ITrg￿rfjlmot MayAILlharreptyDUTpa551onat?r￿trfb￿lID￿StgthI5rn0b1VClu5e￿S•￿dwah jarty0handble55th￿Vnd￿Ov0uTl￿￿mv5OTrd L•l5M￿•th￿￿￿MprW5t•bl1s￿ry4 mwkaz1n￿HrthL￿rHknl bryvJt￿￿1 As a result Alhamdulillah we were able to purchose o former GP surgery in South West London. CM)NATION METHODS.. CATr06 PAYPAL. BANK NAMEIHSBCI. SOATCODE"41Tr01 ACC(XJMT NUMBE￿1?777￿? IBNMUBAThAKCOMIPAVITrAL MarkazAbdullah Ibn al-mubarak It'5 Demolition Tinl Alhamdulilahl After months of countless applications & planning permission5 being approved, we are ready to BUILD THIS MARKALI Our building team are hard at work,doing what they do best We are $0 excitedl Staytuned for updatesl 0 14lOv￿WS 19

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Increased social media activity and followers

The charity has increased its social media presence to promote the charity and its objectives. This has been positively received through the increased number of followers with over 8,900 followers on Twitter.

Twitter page

The charity also promotes itself and its objectives via Instagram, YouTube, SoundCloud, Mixlr and its website, providing free audio recordings and materials to benefit and educate.

Additionally, the charity’s website (www.ibnmubarak.com) is regularly updated with new material and continually monitored, with increased visits to the website since its launch, increasing year on year.

Website

20

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section E Financial review

Funds materially in deficit

There were no funds materially in deficit during the period.

Principal sources of funding

The principal source of funding is from individual donors from within the UK who generously donate to the charity and also respond to appeals.

Further financial review

Please refer to the Annual accounts for the period with regards to the charity’s principal sources of funds/income and expenditure, in addition to how expenditure has supported the key objectives of the charity.

21

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Income and Expenditure

Income

This year South West London Islamic Society generated income of £345,947; with the majority of this 99% (£345,706) received from our donors for our Masjid Appeal. The total income received in 2021-2022 was £712,005.

- Income Summary (2022 2023)

----- Start of picture text -----
Donations - Zakaatul Fitr £47
Donations - Zakaat £195
Donations - Masjid Appeal £345,706
£0 £50,000 £100,000 £150,000 £200,000 £250,000 £300,000 £350,000 £400,000
----- End of picture text -----

22

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Income Description	Income Received	Percentage of total income received
Donations - Masjid Appeal	£345,705.50	99.9%
Donations - Zakaat	£194.85	0.1%
Donations – Zakaatul Fitr	£46.50	0.01%
Total income received	£345,946.85	100%

23

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Expenditure

During the year South West London Islamic Society spent £172,823. This helped us to achieve our objectives and aims as a charity, with the primary expenditure during the year having been spent on Loan repayment (£65,282). Expenditure last year was £712,016.

- Expenditure Summary (2022 2023)

----- Start of picture text -----
Payment towards building purchase £88,900.00
Loan repayment £66,723.30
Legal fees £5,000.00
Fundraising platform fees £4,642.00
Planning fees £2,292.84
Marketing £1,350.00
Eid Event Purchases £932.65
Travel expenses £885.15
Storage Costs £783.20
Ramadan running costs £583.01
Donations - Zakaat £409.32
Donations - Zakaatul Fitr £113.50
Utilities £104.77
Bank Charges £90.80
IT costs £12.52
£0.00 £10,000.00 £20,000.00 £30,000.00 £40,000.00 £50,000.00 £60,000.00 £70,000.00 £80,000.00 £90,000.00 £100,000.00
----- End of picture text -----

24

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Expenditure Description	Expenditure spent	Percentage of total expenditure spent
Payment towards building purchase	£88,900.00	51%
Loan repayment	£66,723.30	39%
Legal fees	£5,000.00	3%
Fundraising platform fees	£4,642.00	3%
Planningfees	£2,292.84	1%
Marketing	£1,350.00	1%
Eid Event Purchases	£932.65	1%
Travel expenses	£885.15	1%
Storage Costs	£783.20	0.5%
Ramadan runningcosts	£583.01	0.3%
Donations - Zakaat	£409.32	0.2%
Donations - Zakaatul Fitr	£113.50	0.1%
Utilities	£104.77	0.1%
Bank Charges	£90.80	0.1%
IT costs	£12.52	0.01%
Total expenditure spent	£172,823.06	100%

25

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Net Income/Spending

----- Start of picture text -----
£800,000
£700,000
£600,000
£500,000
£400,000
£300,000
£200,000
£100,000
£0
2023 2022 2021
-£100,000
Income Spending Net Income/Spending
----- End of picture text -----

Financial year end (1-April)	Income	Spending	Net Income/Spending
2023	£345,947	£172,823	£173,124
2022	£712,005	£712,016	-£11
2021	£11,677	£7,598	£4,079

Section F Other information

Overall, an exceptional year for the Charity during 2022-2023, as detailed per the Achievements and Performance section of the Trustees’ Annual Report. The Charity expects this to continue further in 2023/2024 and beyond.

26

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section G Declaration & Statement of Trustees’ Responsibilities

The trustees declare that they have approved the trustees’ annual report for the period above.

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and Accounting Standards.

This requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of the affairs of the charity, the incoming resources and the application of resources, including the income and expenditure of the charity for the year. In preparing these financial statements, the trustees are required to:

• Select suitable accounting policies and then apply them consistently;

• Observe the methods and principles in the Charities accounting policies

• Make judgements and accounting estimates that are responsible and prudent;

• State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

• Prepare the financial statements on a going-concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any given time the financial position of the charity and which enable them to ensure that the financial statements are compliant. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees, individually, are aware:

• There is no relevant information of which the charity’s independent examiner is unaware; and

• The trustees have taken all steps required to make themselves aware of any relevant information and to establish that the independent examiner is aware of such information.

The trustees are responsible for the maintenance and integrity of the financial information included on the charity’s website.

The trustees’ annual report for the period has been approved by the trustees on date and signed on their behalf by:

Signature Full name Tahir Chaudry Position Chair Date 31/01/2024

27

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

Report to the trustees/ members of	SOUTH WEST LONDON ISLAMIC SOCIETY	SOUTH WEST LONDON ISLAMIC SOCIETY	SOUTH WEST LONDON ISLAMIC SOCIETY
On accounts for the year ended	02/04/2022 – 01/04/2023	Charity no	1186937
Set out on pages	30 – 39
Respective responsibilities of trustees and examiner	The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”). The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants ACCA. It is my responsibility to: • examine the accounts under section 145 of the Charities Act, • to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and • to state whether particular matters have come to my attention.
Basis of independent examiner’s statement	My examination was carried out in accordance with 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 the 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.

28

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

	Independent examiner's statement	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 kept in accordance with section 130 of the Act; or • the accounts did not accord with the accounting records; or • the accounts did 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.

29

ANNUAL ACCOUNTS FOR THE PERIOD

SOUTH WEST LONDON ISLAMIC CENTRE REGISTERED CHARITY NUMBER: 1186937 (registered in England and Wales) ANNUAL ACCOUNTS FOR THE PERIOD: 02/04/2022 – 01/04/2023 STATEMENT OF FINANCIAL ACTIVITIES

		Note	Unrestricted Funds	Restricted Income Funds	Total Funds (2023)	Prior Year Funds (2022)
			£	£	£	£
	Incoming Resources
	Income from:
	Donations,legacies and similar	1	0	345,947	345,947	712,005
	Incoming Resources from Charitable activities	2	0	0	0	0
	Income from other Resources	3	0	0	0	0
	TOTAL INCOMING RESOURCES		0	345,947	345,947	712,005
	Resources Expended
	Expenditure on:
	Charitable activities	4	0	523	523	8,320
	Other expenditure	5	172,300	0	172,300	703,696
	TOTAL RESOURCES EXPENDED		172,300	523	172,823	712,016
	NET MOVEMENT IN FUNDS

30

ANNUAL ACCOUNTS FOR THE PERIOD

SOUTH WEST LONDON ISLAMIC CENTRE REGISTERED CHARITY NUMBER: 1186937 (registered in England and Wales) ANNUAL ACCOUNTS FOR THE PERIOD: 02/04/2022 – 01/04/2023 STATEMENT OF ASSETS AND LIABILITIES AT THE END OF THE PERIOD 01/04/2023

	FIXED ASSETS
		Equipment	Fixtures & **Fittings **	Total
		£	£	£
	COST
	As At 2 April 2022	0	0	0
	Additions	0	0	0
	As At 1 April 2023	0	0	0
	DEPRECIATION
	As At 2 April 2022	0	0	0
	Charge For The Year	0	0	0
	As At 1 April 2023	0	0	0
	NET BOOK VALUES
	AS AT 1 April 2023	0	0	0
	AS AT 1 April 2022	0	0	0

31

ANNUAL ACCOUNTS FOR THE PERIOD

						CURRENT ASSETS	CURRENT ASSETS
									2023			2021
									£			£
						Cash & Bank Account Balances			180,265			9,141
						Debtors			0			0
						Stock			0			0
						TOTAL CURRENT ASSETS			180,265			9,141
	CASH FUNDS
				Unrestricted Funds (2023)			Restricted Income Funds(2023)	Total Funds (2023)			Unrestricted Funds(2022)		Restricted Income Funds (2022)	Total Funds (2022)
				£			£	£			£		£	£
	Current Account			0			0	0			2,000		0	2,000
	Masjid Appeal Account			0			180,265	180,265			0		7,141	7,141
	TOTAL CASH FUNDS			0			180,265	180,265			2,000		7,141	9,141
			CREDITORS
											2023		2022
											£		£
			Amounts FallingDue Within One Year								0		0
			Amounts FallingDue after more than One					Year			0		0
			TOTAL CREDITORS								0		0

The annual accounts for the period has been approved by the trustees on date and signed on their behalf by:

Signature

Full name Tahir Chaudry Position Chair

Date 31/01/2024

32

ANNUAL ACCOUNTS FOR THE PERIOD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 01 APRIL 2022

1. Donations, legacies and similar

	Unrestricted Funds (2023)	Restricted Income Funds (2023)	Total Funds (2023)	Unrestricted Funds (2022)	Restricted Income Funds (2022)	Total Funds (2022)
	£	£	£	£	£	£
Donations - Masjid Appeal	0	345,706	345,706	0	691,470	691,470
Donations - Loan for Masjid Appeal	0	0	0	0	20,000	20,000
Donations - Zakaatul Fitr	0	47	47	0	485	485
Donations - Masjid Aston Appeal	0	0	0	0	40	40
Donations - Zakaat	0	195	195	0	10	10
TOTAL DONATIONS, LEGACIES AND SIMILAR	0	345,947	345,947	0	712,005	712,005

2. Incoming Resources from Charitable activities

	Unrestricted Funds (2023)	Total Funds (2023)	Unrestricted Funds (2022)	Total Funds (2022)
	£	£	£	£
-	0	0	0	0
TOTAL INCOMING RESOURCES FROM CHARITABLE ACTIVITIES	0	0	0	0

3. Income from other Resources

	Unrestricted Funds (2023)	Total Funds (2023)	Unrestricted Funds (2022)	Total Funds (2022)
	£	£	£	£
-	0	0	0	0
TOTAL INCOME FROM OTHER RESOURCES	0	0	0	0

33

ANNUAL ACCOUNTS FOR THE PERIOD

4. Charitable activities

	Unrestricted Funds (2023)	Restricted Income Funds (2023)	Total Funds (2023)	Unrestricted Funds (2022)	Restricted Income Funds (2022)	Total Funds (2022)
	£	£	£	£	£	£
Communityfundraiser	0	0	0	6,023	0	6,023
Donations - Masjid Aston Appeal	0	0	0	0	1,074	1,074
Community Iftaar	0	0	0	908	0	908
Donations - Zakaat	0	409	409	0	0	0
Donations - Zakaatul Fitr	0	114	114	0	314	314
TOTAL CHARITABLE ACTIVITIES	0	523	523	6,932	1,388	8,320

34

ANNUAL ACCOUNTS FOR THE PERIOD

5. Other expenditure

	Unrestricted Funds (2023)	Total Funds (2023)	Unrestricted Funds (2022)	Total Funds (2022)
	£	£	£	£
Loan repayment	66,722	66,722	683,441	683,441
Planningapplication fees	2,293	2,293	4,758	4,758
Legal fees	5,000	5,000	3,988	3,988
Travel expenses	885	885	3,486	3,486
Eid event expenses - includingfood	933	933	1,530	1,530
Hall hire	0	0	1,310	1,310
Eid Park hire	0	0	1,229	1,229
Surveyor fees	0	0	1,080	1,080
Book and leafletpurchases	0	0	910	910
Transfer of funds between accounts	0	0	560	560
Payment towards building purchase	88,900	88,900	0	0
Promotional Video design fees	0	0	360	360
Digital design services	1,350	1.350	223	223
Website hosting	0	0	216	216
LiabilityInsurance	0	0	116	116
Software expenses	0	0	100	100
Soundcloudplatform fees	0	0	90	90
Transaction fees	4,642	4,642	83	83
Collection Boxes	0	0	66	66
Banner printing for fundraisingevent	0	0	57	57
Printingcosts	0	0	36	36
Mixlr subscription fees	0	0	29	29
Bank charges	91	91	28	28
Storage costs	783	783	0	0
Ramadan runningcosts	583	583	0	0
IT costs	13	13	0	0
Utilities	105	105	0	0
TOTAL OTHER EXPENDITURE	172,300	172,300	703,696	703,696

35

ANNUAL ACCOUNTS FOR THE PERIOD

6. Staff Costs

	2023	2022
	£	£
Salaries	0	0
Average number of employees for theperiod	0	0
No employees were paid more than £60,000.

7. Corporation tax

The charity is exempt from corporation tax on its charitable activities.

8. Contingent Liabilities

There were no Contingent Liabilities at 01 April 2023 (2021: £NIL).

9. Trustee remuneration and expenses

All trustees are volunteers with no expenses paid out. No trustee received any remuneration or other benefits from the charity. There were no related party transactions.

36

ANNUAL ACCOUNTS FOR THE PERIOD

10. Accounting Policies

(a) Basis of Preparation

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The trust constitutes a public benefit entity as defined by FRS 102.

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

(b) Reconciliation with previous Generally Accepted Accounting Practice

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 a restatement of comparative items was needed. No restatements were required.

(c) Funds structure

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects.

Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the terms of a specific appeal at Friday prayers or under the terms for public collection of Zakat in accordance with the teachings of Islam.

(d) Incoming resources

All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability. The following specific policies are applied to particular categories of income:

• Voluntary income is received by way of donations and is included in full in the Statement of Financial Activities when receivable.

• Donated services and facilities are included at the value to the charity where this can be quantified. The value of services donated by volunteers has not been included in these accounts, except where the services provided are in the nature of professional services where a fee would otherwise be charged, in which case the donated service is valued at their chargeable rate.

• Income from charitable trading activity is accounted for when earned.

37

ANNUAL ACCOUNTS FOR THE PERIOD

Donations and legacies

Income from donations and legacies comprises income generated from the following sources:

• Gifts and donations received/receivable including legacies;

• Any tax reclaimed on amounts received under gift aid;

• Grants that provide core funding or are of a general nature;

• Membership subscriptions and sponsorships where these are, in substance, donations; and

• Gifts in kind and donated services and facilities.

Income from donations and legacies is defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraph 4.31 and 4.32.

Charitable activities

This includes:

• Sale of goods or services as a charitable activity;

• Sale of goods made or services provided by the charity’s beneficiaries;

• Letting of non-investment property in furtherance of the charity’s objects;

• Grants specifically for the provision of goods or services as part of charitable activities or services to beneficiaries (including performance-related grants); and

• Ancillary trades connected with the above.

Income from charitable activities is defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraphs 4.33 to 4.34.

Other

This amount includes gains on the disposal of tangible fixed assets and receipt of any other income that cannot be accounted for in the categories above (S01 to S05). It may also include the conversion of endowment funds into income.

Other income is defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraphs 4.39 to 4.41.

(e) Tax reclaims on donations and gifts

Incoming resources from tax claims are included in the Statement Of Financial Activities at the same time as the gift to which they relate, to the extent that tax recoverability is certain.

38

ANNUAL ACCOUNTS FOR THE PERIOD

(f) Resources expended

Liabilities are recognised as resources are expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Charitable activities

These comprise all the expenditure incurred in meeting the charitable objectives including amounts spent on:

• Grants,

• The direct provision of charitable service; and

• A proportion of the charity’s support costs which, if allocated, will be explained in the notes to the accounts.

They exclude:

• The cost of raising funds to finance these activities

These costs are defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraphs 4.52 to 4.55.

Other

Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. Other expenditure is defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraph 4.56.

(g) Depreciation (Tangible fixed assets for use by the charity)

These are only capitalised when they can be used for more than a year and cost more than £250. They are valued at cost or a reasonable value on receipt. The charity does not have a policy of revaluation. Depreciation is charged as follows:

• Equipment 5% at reducing balance basis

• Fixtures & Fittings 5% at reducing balance basis

39