Registered number 1187894
## ELY ISLAMIC CENTRE
## Trustees' Report and Annual Accounts
31 March 2024
## **ELY ISLAMIC CENTRE Report and accounts Contents**
||**Page**|
|---|---|
|Charity information|1|
|Trustees report|2-3|
|Independent examinor's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the accounts|7-8|
## **ELY ISLAMIC CENTRE Charity Information**
**Trustees** Shair Choudhury (Chair) Abd Subhaan Tarapuri Dr Tayab Rahman
## **Accountants**
Abacus Business Consultants Limited G11F, Stirling House, Cambridge Innovation Park Denny End Road, Waterbeach Cambridge Cambridgeshire CB25 9PB
## **Bankers**
Lloyds Bank 98 Victoria St. London SW1E 5JL
## **Registered office**
34 Broad Street ELY Cambridgeshire CB7 4AH
**Charity registration number** 1187894
1
**ELY ISLAMIC CENTRE Registered number: Trustees' Annual Report**
**1187894**
The trustees present their report and accounts for the year ended 31 March 2024.
**Reference and administration details Charity name - ELY ISLAMIC CENTRE**
**Registered charity number** - 1187894
## **Principal address**
34 Broad Street ELY Cambridgeshire CB7 4AH
## **Names of the charity trustees who manage the charity**
The following persons served as trustees during the year:
Shair Choudhury (Chair) Abd Subhaan Tarapuri Dr Tayab Rahman
## **Structure, governance and management**
Type of governing document - **Constitution**
## **Summary of the objects of the charity set out in its governing document**
To advance the Islamic religion in Ely, Cambridgeshire for the benefit of the public through the holding of prayers, lectures, public celebration of religious festivals and to enlighten others about th e Islamic religion and to carry out wider activities as an expression of faith towards the religion of Is lam.
## **Summary of the main activities undertaken for the public benefit in relation to these objects**
1. Prayers
2. Religious Events / Services
3. Islamic Education / Training
4. Community Development
2
ELY ISLAMIC CENTrE
R•yistered number.
TNst•es' Anwal Report
1187894
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## **ELY ISLAMIC CENTRE**
## **Independent examiner's report on the accounts**
## **An Independent Examiner's Report**
I report to the trustees on my examination of the accounts of the above charity for the year ended 31/03/2024.
## **Responsibilities and basis of report**
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 ("the Act").
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the 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 (other than that disclosed below *) in connection with the examination 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.
## **Disclosure**
Give here details of any items that the examiner wishes to disclose - NONE
Abacus Business Consultants Limited Chartered Certified Accountants
G11F, Stirling House, Cambridge Innovation Park Denny End Road, Waterbeach Cambridge Cambridgeshire CB25 9PB
20 February 2025
4
## **ELY ISLAMIC CENTRE Statement of financial activities**
## **for the year ended 31 March 2024**
_This schedule does not form part of the statutory accounts_
|**Turnover**
Donations
Zakat Received
**Total Funds**
**Administrative expenses**
Islamic Community Events
Fundraising Cost
Others
Rates
Light and heat
Cleaning
Telephone and internet
Bank charges
Insurance
Repairs and maintenance
Zakat paid
Sundry expenses
Architect & Survey Cost
Advertising and PR
Council Tax
Legal Fees/ Plan Permission
**Total Expenditures**
Surplus/(Deficit) For the Period
Balance brought forwad from earlier years
**Total Funds Carried Forward**|**2024**
**2024**
**2024**
**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
114,664
-
114,664
-
-
-
114,664
-
114,664
1,200
1,200
1,047
1,047
336
336
637
637
2,189
2,189
20
20
362
362
399
399
656
656
614
614
-
-
-
-
-
-
360
360
517
517
-
-
**8,337**
**-**
**8,337**
106,327
-
106,327
165,653
-
165,653
**271,980**
**-**
**271,980**|**2023**
**2023**
**2023**
**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
30,413
-
30,413
**-**
1,485
1,485
30,413
1,485
31,898
507
507
950
950
1,785
1,785
-
-
598
598
120
120
676
676
535
535
508
508
674
674
-
3,110
3,110
156
156
3,162
3,162
-
-
1,254
1,254
2,925
2,925
**13,849**
**3,110**
**16,959**
16,564
(1,625)
14,939
150,714
-
150,714
**167,278**
**(1,625)**
**165,653**|
|---|---|---|
5
ELY ISLAMIC CENTRE
Re9i51prEd numb¢r.
1187894
as at 31 March 2024
2024
2023
Flx•d assets
Tangl¢ 8s8ets
236.020
236,020
Cutrentass•ts
C05h 8tbBnkwd in hd
271.630
185.303
271.830
165.305
NetaJsel¥
The fvndsolth•chadty
Unr8SIriCi•d Fun
Reslricled Funds
507.650
402.948
11.6251
Tvtal Funds
507.050
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**ELY ISLAMIC CENTRE Notes to the Accounts for the year ended 31 March 2024**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with FRS 102. The Financial Reporting Standard applicable in the UK and the Charities Act 1993.
## **Funds structure**
Unrestricted income funds refer to funds that trustees can use for any purpose that supports the charity's objectives. These include designated funds, where trustees have voluntarily allocated resources for a specific purpose.
Restricted funds, on the other hand, are funds that must be used according to specific limitations set by the donor or the conditions of a particular appeal, such as Friday prayers or public Zakat collections, in line with Islamic teachings.
## _**Income**_
Due to the size, the community does not raise as much funds as would like to cater for all its events, all funds raised are categorized under one of the following:
Friday prayers, just like donations these are raised through members at the prayer ground.
Zakat received, this is a form or collections with specific conditions attached in accordance with the teachings of Islam.
Donations, also raised by the members through voluntary payments as a form of help to the community.
## _**Tangible fixed assets**_
The only significant fixed asset is the property at 34 Broad Street, also known as the Ely Islamic Centre. This property was acquired in August 2018 for £235,000.
The freehold property is recorded at its historic cost and is not subject to depreciation, as the Mosque and its associated prayer rooms are expected to have a useful life exceeding 50 years, making any depreciation negligible. No revaluation has been conducted since the property's purchase.
There are no fixtures or fittings with substantial value in the property, and as a result, none are included in the balance sheet as of the end of the accounting period.
|Freehold buildings
over 50 years
Leasehold land and buildings
over the lease term
Plant and machinery
over 5 years
Fixtures, fittings, tools and equipment
over 5 years
**2**
**Employees**
**2024**
**Number**
Average number of persons employed by the company
0|**2023**
**Number**
0|
|---|---|
7
## **ELY ISLAMIC CENTRE Notes to the Accounts for the year ended 31 March 2024**
|**3**
**Tangible fixed assets**
**Cost**
At 1 April 2023
At 31 March 2024
**Depreciation**
At 31 March 2024
**Net book value**
At 31 March 2024
At 31 March 2023
34 Broad Street
ELY
Cambridgeshire
CB7 4AH|**Land and**
**buildings**
**£**
236,020
236,020
-
236,020
236,020|
|---|---|
8