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2024-06-30-accounts

REGISTERED CHARITY NUMBER: 1187832

REPORT OF THE TRUSTEES AND

- FINANCIAL STATEMENTS (YEAR 2023 24) FOR

MASJID & IMAMBARGAH SHUHDAE KARBALA

MASJID & IMAMBARGAH SHUHDAE KARBALA 383 BARKING ROAD LONDON. E13 8AL www.shuhdaekarbala.org.uk

Contents of the Financial Statements for the Year Ended 30-06-2024

Page
Chairman's Report 1
Report of the Trustees 2
Statement of Financial Activities 3
Balance Sheet 4 to 5
Notes to the Financial Statements 6 to 8
Detailed Statement of Financial Activities 9

CHAIRMAN'S REPORT FOR THE YEAR ENDED 30-06-2024

As our organisation matures overtime, our performance has been steady this year in all sectors.

We have continued our free food service for the community on Thursdays.

Our busiest occasions are Ramadan and Moharram and both events were well.

We thank all the committee members and volunteers for their support.

Yours faithfully,

Y A Shah

(Chairman)

Page 1

TRUSTEE’S REPORT

The trustees present their report with the financial statements of the charity for the period 01-07-2023 to 30-06-2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities issued in March 2005.

INCORPORATION

The charitable company was incorporated on 01-06-2019 and commenced trading on the same date.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

1187832 (England and Wales)

REGISTERED CHARITY NUMBER

1187832

ADDRESS

383 Barking Road London E13 8AL

TRUSTEES

Mr S M Baqir Naqvi Mr Shakir Shah Mr T Hussain Shah Mr S A Haider Mr H Ali Shah Mr M A SHAH Mr Syed M H Shah

APPROVAL

Approved by order of the board of trustees on 25-04-2025 and signed by:

S Shah

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

Mr Shakir Shah - Trustee

Page 2

Statement of Financial Activities for the Year Ended 30-06-2024

INCOME AND ENDOWMENTS FROM
Notes
Donations and legacies
EXPENDITURE ON
Other
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Unrestricted
fund
£
38,844
40,832
(1,988)
110,212
108,224
\
Restricted
fund
£
-
-
-
-
-
Total
funds
£
38,844
40,832
(1,988)
110,212
108,224

The notes form part of these financial statements

Page 3

FIXED ASSETS
Notes
Tangible assets
3
CURRENT ASSETS
Cash at bank and in hand
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than
one year
4
NET ASSETS
FUNDS
6
Unrestricted funds
TOTAL FUNDS
Unrestricted
fund
£
124,455
24,855
24,855
149,310
(41,086 )
108,224
Restricted
fund
£
-
-
-
-
-
-
Total
funds
£
124,455
24,855
24,855
149,310
(41,086 )
108,224
108,224
108,224

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30-06-2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30-06-2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for:

The notes form part of these financial statements

Page 4

continued...

[Type here]

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 25-04-2025 and were signed on its behalf by:

S Shah

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

Mr Shakir Shah - Trustee

The notes form part of these financial statements

Page 5

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. 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 corporation 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.

Page 6

continued...

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30-06-2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30-06-2024.

3. TANGIBLE FIXED ASSETS

COST
Improvements
Fixtures
to
and
Computer
property
fittings
equipment
£
£
£
At 01-07-2023 and 30-06-2024
112,867
5,710
5,878
NET BOOK VALUE
At 30-06-2024
112,867
5,710
5,878
4.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 5)
5.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due between two and five years:
Bank loans - 2-5 years
Totals
£
124,455
Totals
£
124,455
124,455
£
41,086
£
41,086

6. MOVEMENT IN FUNDS

Unrestricted funds
General fund
TOTAL FUNDS
At 1.7.23
£
110,212
110,212
Net
movement
At
in funds 30.6.2024
£
£
(1,988)
108,224
(1,988)
108,224

Page 7

continued...

6. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 38,844 (40,832 ) (1,988)
TOTAL FUNDS 38,844 (40,832 ) (1,988)

7. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30-06-2024.

Page 8

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Total incoming resources
EXPENDITURE
Other
Niyaz
Niyaz Ramadan
Imam fees
Moharam expenses
Cleaning
Support costs
Management
Insurance
Light and heat
Total resources expended
Net expenditure
£
38,844
38,844
4,233
2,469
18,950
4,917
1,000
31,569
403
8,860
9,263
40,832
(1,988)

This page does not form part of the statutory financial statements

Page 9

REGISTERED CHARITY NUMBER: 1187832

REPORT OF THE TRUSTEES AND

- FINANCIAL STATEMENTS (YEAR 2023 24) FOR

MASJID & IMAMBARGAH SHUHDAE KARBALA

MASJID & IMAMBARGAH SHUHDAE KARBALA 383 BARKING ROAD LONDON. E13 8AL www.shuhdaekarbala.org.uk

Contents of the Financial Statements for the Year Ended 30-06-2024

Page
Chairman's Report 1
Report of the Trustees 2
Statement of Financial Activities 3
Balance Sheet 4 to 5
Notes to the Financial Statements 6 to 8
Detailed Statement of Financial Activities 9

CHAIRMAN'S REPORT FOR THE YEAR ENDED 30-06-2024

As our organisation matures overtime, our performance has been steady this year in all sectors.

We have continued our free food service for the community on Thursdays.

Our busiest occasions are Ramadan and Moharram and both events were well.

We thank all the committee members and volunteers for their support.

Yours faithfully,

Y A Shah

(Chairman)

Page 1

TRUSTEE’S REPORT

The trustees present their report with the financial statements of the charity for the period 01-07-2023 to 30-06-2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities issued in March 2005.

INCORPORATION

The charitable company was incorporated on 01-06-2019 and commenced trading on the same date.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

1187832 (England and Wales)

REGISTERED CHARITY NUMBER

1187832

ADDRESS

383 Barking Road London E13 8AL

TRUSTEES

Mr S M Baqir Naqvi Mr Shakir Shah Mr T Hussain Shah Mr S A Haider Mr H Ali Shah Mr M A SHAH Mr Syed M H Shah

APPROVAL

Approved by order of the board of trustees on 25-04-2025 and signed by:

S Shah

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

Mr Shakir Shah - Trustee

Page 2

Statement of Financial Activities for the Year Ended 30-06-2024

INCOME AND ENDOWMENTS FROM
Notes
Donations and legacies
EXPENDITURE ON
Other
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Unrestricted
fund
£
38,844
40,832
(1,988)
110,212
108,224
\
Restricted
fund
£
-
-
-
-
-
Total
funds
£
38,844
40,832
(1,988)
110,212
108,224

The notes form part of these financial statements

Page 3

FIXED ASSETS
Notes
Tangible assets
3
CURRENT ASSETS
Cash at bank and in hand
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than
one year
4
NET ASSETS
FUNDS
6
Unrestricted funds
TOTAL FUNDS
Unrestricted
fund
£
124,455
24,855
24,855
149,310
(41,086 )
108,224
Restricted
fund
£
-
-
-
-
-
-
Total
funds
£
124,455
24,855
24,855
149,310
(41,086 )
108,224
108,224
108,224

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30-06-2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30-06-2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for:

The notes form part of these financial statements

Page 4

continued...

[Type here]

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 25-04-2025 and were signed on its behalf by:

S Shah

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

Mr Shakir Shah - Trustee

The notes form part of these financial statements

Page 5

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. 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 corporation 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.

Page 6

continued...

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30-06-2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30-06-2024.

3. TANGIBLE FIXED ASSETS

COST
Improvements
Fixtures
to
and
Computer
property
fittings
equipment
£
£
£
At 01-07-2023 and 30-06-2024
112,867
5,710
5,878
NET BOOK VALUE
At 30-06-2024
112,867
5,710
5,878
4.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 5)
5.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due between two and five years:
Bank loans - 2-5 years
Totals
£
124,455
Totals
£
124,455
124,455
£
41,086
£
41,086

6. MOVEMENT IN FUNDS

Unrestricted funds
General fund
TOTAL FUNDS
At 1.7.23
£
110,212
110,212
Net
movement
At
in funds 30.6.2024
£
£
(1,988)
108,224
(1,988)
108,224

Page 7

continued...

6. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 38,844 (40,832 ) (1,988)
TOTAL FUNDS 38,844 (40,832 ) (1,988)

7. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30-06-2024.

Page 8

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Total incoming resources
EXPENDITURE
Other
Niyaz
Niyaz Ramadan
Imam fees
Moharam expenses
Cleaning
Support costs
Management
Insurance
Light and heat
Total resources expended
Net expenditure
£
38,844
38,844
4,233
2,469
18,950
4,917
1,000
31,569
403
8,860
9,263
40,832
(1,988)

This page does not form part of the statutory financial statements

Page 9

REGISTERED CHARITY NUMBER: 1187832

REPORT OF THE TRUSTEES AND

- FINANCIAL STATEMENTS (YEAR 2023 24) FOR

MASJID & IMAMBARGAH SHUHDAE KARBALA

MASJID & IMAMBARGAH SHUHDAE KARBALA 383 BARKING ROAD LONDON. E13 8AL www.shuhdaekarbala.org.uk

Contents of the Financial Statements for the Year Ended 30-06-2024

Page
Chairman's Report 1
Report of the Trustees 2
Statement of Financial Activities 3
Balance Sheet 4 to 5
Notes to the Financial Statements 6 to 8
Detailed Statement of Financial Activities 9

CHAIRMAN'S REPORT FOR THE YEAR ENDED 30-06-2024

As our organisation matures overtime, our performance has been steady this year in all sectors.

We have continued our free food service for the community on Thursdays.

Our busiest occasions are Ramadan and Moharram and both events were well.

We thank all the committee members and volunteers for their support.

Yours faithfully,

Y A Shah

(Chairman)

Page 1

TRUSTEE’S REPORT

The trustees present their report with the financial statements of the charity for the period 01-07-2023 to 30-06-2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities issued in March 2005.

INCORPORATION

The charitable company was incorporated on 01-06-2019 and commenced trading on the same date.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

1187832 (England and Wales)

REGISTERED CHARITY NUMBER

1187832

ADDRESS

383 Barking Road London E13 8AL

TRUSTEES

Mr S M Baqir Naqvi Mr Shakir Shah Mr T Hussain Shah Mr S A Haider Mr H Ali Shah Mr M A SHAH Mr Syed M H Shah

APPROVAL

Approved by order of the board of trustees on 25-04-2025 and signed by:

S Shah

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

Mr Shakir Shah - Trustee

Page 2

Statement of Financial Activities for the Year Ended 30-06-2024

INCOME AND ENDOWMENTS FROM
Notes
Donations and legacies
EXPENDITURE ON
Other
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Unrestricted
fund
£
38,844
40,832
(1,988)
110,212
108,224
\
Restricted
fund
£
-
-
-
-
-
Total
funds
£
38,844
40,832
(1,988)
110,212
108,224

The notes form part of these financial statements

Page 3

FIXED ASSETS
Notes
Tangible assets
3
CURRENT ASSETS
Cash at bank and in hand
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than
one year
4
NET ASSETS
FUNDS
6
Unrestricted funds
TOTAL FUNDS
Unrestricted
fund
£
124,455
24,855
24,855
149,310
(41,086 )
108,224
Restricted
fund
£
-
-
-
-
-
-
Total
funds
£
124,455
24,855
24,855
149,310
(41,086 )
108,224
108,224
108,224

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30-06-2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30-06-2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for:

The notes form part of these financial statements

Page 4

continued...

[Type here]

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 25-04-2025 and were signed on its behalf by:

S Shah

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

Mr Shakir Shah - Trustee

The notes form part of these financial statements

Page 5

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. 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 corporation 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.

Page 6

continued...

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30-06-2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30-06-2024.

3. TANGIBLE FIXED ASSETS

COST
Improvements
Fixtures
to
and
Computer
property
fittings
equipment
£
£
£
At 01-07-2023 and 30-06-2024
112,867
5,710
5,878
NET BOOK VALUE
At 30-06-2024
112,867
5,710
5,878
4.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 5)
5.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due between two and five years:
Bank loans - 2-5 years
Totals
£
124,455
Totals
£
124,455
124,455
£
41,086
£
41,086

6. MOVEMENT IN FUNDS

Unrestricted funds
General fund
TOTAL FUNDS
At 1.7.23
£
110,212
110,212
Net
movement
At
in funds 30.6.2024
£
£
(1,988)
108,224
(1,988)
108,224

Page 7

continued...

6. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 38,844 (40,832 ) (1,988)
TOTAL FUNDS 38,844 (40,832 ) (1,988)

7. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30-06-2024.

Page 8

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Total incoming resources
EXPENDITURE
Other
Niyaz
Niyaz Ramadan
Imam fees
Moharam expenses
Cleaning
Support costs
Management
Insurance
Light and heat
Total resources expended
Net expenditure
£
38,844
38,844
4,233
2,469
18,950
4,917
1,000
31,569
403
8,860
9,263
40,832
(1,988)

This page does not form part of the statutory financial statements

Page 9