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2023-03-31-accounts

Charity number: 1188610

Masjid Assunah Charitabe Incorporated Organisation (C.I.O.)

Trustees' report and unaudited financial statements

for the year ended 31 March 2023

Masjid Assunah (A company limited by guarantee)

Contents

Page
Legal and administrative information 1
Trustees report 2 - 3
Independent examiners' report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7 - 8

Masjid Assunah (A company limited by guarantee)

Legal and administrative information

Charity number 1188610
Business address 49 Granby Street
Liverpool
L8 2TU
Trustees Al Hassane Harich
Brahim Moumen
Hamid Laaouina
Management committee 1 Al Hassane Harich Trustee
Brahim Moumen Trustee
Hamid Laaouina Trustee
Accountants AKT Accountants
Matrix House
14 Strawberry Bank
Blackburn
Lancashire
BB2 6AA
Bankers Barclays Bank
1 Churchill Place
London
E14 5HP

Page 1

Masjid Assunah (A company limited by guarantee)

Report of the trustees

for the year ended 31 March 2023

The trustees present their report and the financial statements for the year ended 31 March 2023. The trustees who served during the year and up to the date of this report are set out on page 1.

Structure, governance and management

Objectives and activities

The charities objectives is to advance the Islamic faith in Liverpool for the benefit of the public, mainly but not exclusively through the provisions of a mosque. It also aims to provide religious education, prayers and prayer meetings to enlighten others about the islamic faith.

Change of Name

The charity changed its name from Omar Al Mokhtar to Masjid Assunah

Achievements and performance

Facility for prayers

The charity has been able to facilitate the provisions of a Mosque building in which to provie the commuinty with a place of worship and religious education.

Financial review

The society is run entirely from the provisions of donations from the mosque congregation. In the year ended 31 March 2023, £11,890 (2022: £3,779) was received in donations, of which £12,526 was spent on expenditure such as light and heat and repairs to the mosque.

Statement of trustees' responsibilities

The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993. 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.

AKT Accountants were appointed accountants during the year and the trustees recommend that AKT Accountants remain in office until further notice.

On behalf of the board Al Hassane Harich

Trustee

Page 2

Masjid Assunah

(A company limited by guarantee)

Report of the trustees for the year ended 31 March 2023

28 January 2024

Page 3

Masjid Assunah (A company limited by guarantee)

Independent examiner's report to the trustees on the unaudited financial statements of Masjid Assunah.

I report on the financial statements of Masjid Assunah for the year ended 31 March 2023 which comprise the statement of financial activities, the balance sheet and the related notes. These financial statements have been prepared under the historical cost convention and the accounting policies set out therein.

Respective responsibilities of trustees and independent examiner

As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination was carried out in accordance with the General Directions given by the Charities Commissioners. 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Independent examiner AKT Accountants

Matrix House 14 Strawberry Bank Blackburn Lancashire BB2 6AA

Date: 28 January 2024

Page 4

Masjid Assunah (A company limited by guarantee)

Statement of financial activities

For the year ended 31 March 2023

Unrestricted
funds
Notes
£
Incoming resources
Incoming resources from generating funds:
Voluntary income
2
11,890
Total incoming resources
11,890
Resources expended
Establishment costs
12,526
Total resources expended
12,526
Net income/(expense) for the year
)
(636
Total funds brought forward
6,363
Total funds carried forward
5,727		 2023
Total
£
11,890
11,890
12,526
12,526
)
(636
6,363
5,727		 2022
Total
£
3,779
3,779
1,041
1,041
2,738
3,625
6,363

The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.

All of the above amounts relate to continuing activities.

The notes on pages 7 to 8 form an integral part of these financial statements.

Page 5

Masjid Assunah (A company limited by guarantee)

Balance sheet

as at 31 March 2023

Notes
Current assets
Cash at bank and in hand
Net current assets
Net assets
Funds
3
Unrestricted income funds
Total funds		 2023
£
£
5,727
5,727
5,727
5,727
5,727
5,727		 2022
£
£
6,363
6,363
6,363
6,363
6,363
6,363		 2022
£
£
6,363
6,363
6,363
6,363
6,363
6,363
6,363
6,363
6,363

The financial statements were approved by the on 28 January 2024 and signed on its behalf by

Al Hassane Harich Trustee

The notes on pages 7 to 8 form an integral part of these financial statements.

Page 6

Masjid Assunah (A company limited by guarantee)

Notes to financial statements for the year ended 31 March 2023

1. Accounting policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.

1.1. Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities: Statement of Recommended Practice' issued in March 2005 (SORP 2005) and the Charities Act 1993.

1.2. Cashflow

The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity.

1.3. Incoming resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.

Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.

1.4. Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Page 7

Masjid Assunah (A company limited by guarantee)

Notes to financial statements for the year ended 31 March 2023

2. Voluntary income
Unrestricted 2023 2022
funds Total Total
£ £ £
Donations 25 25 3,779
Donations type 3 11,865 11,865 -
11,890 11,890 3,779
3. Analysis of net assets between funds
Unrestricted Total
funds funds
£ £
Fund balances at 31 March 2023 as represented by:
Current assets 5,727 5,727
5,727 5,727
4. Unrestricted funds At At
1 April Incoming Outgoing 31 March
2022 resources resources 2023
£ £ £ £
Description for Unrestricted Fund 1 6,363 11,890 )
(12,526		 5,727

Page 8