IN THE NAME OF ALLAH, THE MOST BENEFICENT, THE MOST MERCIFUL **33-37 Stuart Street, Oldham, OL8 1SD** ## **Charity Number: 1189107** ## **TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENT** **for the Year Ended 4 September 2022** ## Contents Message from the Chair .......................................................................................................................... 3 Reference and Administrative Details .................................................................................................... 4 Statement of Trustees Responsibilities .................................................................................................. 5 Trustees' Report ...................................................................................................................................... 6 Independent Examiner's Report to the Trustees of Shahjalal Mosque & Islamic Centre ...................... 9 Statement of Financial Activities .......................................................................................................... 10 Balance Sheet ........................................................................................................................................ 11 Notes to Financial Statements ..................................................................................................... 13 to 20 ## **Message from the Chair** It is my pleasure to present the second annual report for Shahjalal Mosque and Islamic Centre. The report captures our services and activities which were still operating under some COVID restrictions until April 2022. During this reporting period, the main focus of the Trustees and the Management Committee was to keep the congregation safe as possible whilst they attended the Mosque for prayers and other activities. Many of the normal services resumed after being suspended during the last year. It was immensely pleasing to feel a sense of normality return inside the Mosque for the first time in two years. We prayed normally in the month of Ramadan, resuming all the Ramadan activities, including the Taraweh prayers which were attended by up to 400 people each evening split over two separate congregations i.e. early evening and late Taraweh for those who finished work late in the evening. One of the key activities during Ramadan is the daily Iftar at the Mosque which had been curtailed over the last two years. It was extremely enjoyable to be able to once again provide daily communal Iftar at the Mosque and bring the community together. The Mosque played a crucial role in the roll out of the vaccination programme and continuously encouraged the congregation to get themselves vaccinated. The Mosque Committee and Trustees coordinated the delivery of the vaccine roll out by working in collaboration with the NHS and the Local Authority. Despite people from BAME communities having a lower uptake of vaccines, we are proud that within our congregation, the uptake was extremely high and in line with national trends. This was achieved through regular communication with our congregation and quashing any myths or conspiracy theories that were circulating in the social media regarding the effects of the vaccine. Alhamdulillah, we have been able to achieve much despite the circumstances, for which we are truly thankful to Allah SWT and pray that we can continue to serve the house of Allah SWT with humility, accountability and sincerity. Finally, I would like to convey my heartfelt thanks to my fellow Trustees, our superb Management Committee, staff and volunteers for their selfless devotion to providing services for the congregation and the community in these exceptional circumstances. May Allah SWT accepts their efforts and reward them in abundance in this life and the hereafter. Shamim Miah Chairman – Board of Trustees 3 ## **Reference and Administrative Details** Name: Shahjalal Mosque and Islamic Centre Charity Registration Number: 1189107 Date of Registration: 17 April 2020 Principal Address: 33-37 Stuart St, Oldham, Lancashire OL8 1SD ## Organisation Thirteen-member Board of Trustees has overall responsibility and accountability for Shahjalal Mosque. The Trustees determine the general policy and strategy for the operation of the Mosque. The day-to-day management of the Mosque is delegated to a Sub-Committee known as the ‘Management Committee’. The names of the Trustees are: - 1) Shamim Miah (Chair) - 2) Delwar Hussain (Secretary) - 3) Moklis Miah (Treasurer) - 4) Syed Maruf Ali - 5) Sheikh Mohammed Rayhan - 6) Emdadur Rahman - 7) Abdul Aziz - 8) Ismail Hussain - 9) Foysol Choudhury - 10)Mohammed Habibur Rahman – Appointed 4 December 2021 following the resignation of Harun Miah - 11)Syed Mostak Miah - 12)Fazlu Miah - 13)Boshir Ali ## Status and Administration Shahjalal Mosque and Islamic Centre is governed by a Constitution adopted by resolution dated 21[st] June 1998 (as revised and ratified by full membership at AGM on 4 ~~[th]~~ June 2016 and 29[th] September 2019) and being registered with the Charities Commission, is required to comply with the Charities Act. Its principal address is 33-37 Stuart St, Oldham, Lancashire OL8 1SD. 4 Main Agents & Advisors Bank: Virgin Money, 47 Market Place, Oldham OL1 3AB. Independent Examiner: Riaz Ahmad & Co, Chartered Certified Accountants Lord House, 51 Lord St, Manchester M3 1HE. ## **Statement of Trustees Responsibilities** The Trustees are responsible for preparing the annual report and accounts in accordance with the applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the Trustees to prepare accounts for each financial year, which give a true and fair view of the state of affairs of the Mosque and of the incoming resources and application of resources of the Mosque for that year. In preparing those accounts, the trustees are required to: - Select suitable accounting policies and then apply them consistently. - Observe the methods and principles in the Charities SORP. - Make judgments and estimates that are reasonable and prudent. - State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts. - Prepare the accounts on the going concern basis unless it is inappropriate to presume that the Mosque will continue in operation. The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the Mosque and to enable them to ensure that accounts comply with Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations 2008 and the Mosque’s governing document. They are also responsible for safeguarding the assets of the Mosque and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the Mosque and financial information included in the Charity Commission website. 5 ## **Trustees' Report** The Trustees present the annual report together with the financial statements of the charity for the period ended 4 September 2022. ## Objectives: To advance the Sufi, Barelvi and Fultoli denominations of Islam, in particular with reference to the tenents of Shariah, the Islamic laws as expounded by the Hanafi Sunni juristic schools of thought, more commonly referred to as the Ahle- Sunnahwal-Jama’ah, in particular but not exclusively by: - a) The provision of a Mosque in Oldham - b) Adherence to the Hanafi Madhab in Islamic Jurisprudence - c) The practice and promotion of congregational I’bada’h including Namaz, Zikr, Tasbih, recitation of Quran, pious activities and remembrance of holy days and nights in the Islamic calendar. - d) The provision of Islamic Education according to the teachings of Ahle Sunnah Wa’l Jamaat and specifically the teachings according to the Sufi, Barelvi and Fultoli denominations. - e) The provision of Islamic conferences and seminars. - f) The performance of 20 Rakat Taraweeh Salah during the holy month of Ramadan - g) The performance of Du’a after every fard Sala’h and Janaza Sala’h. - h) The practice and promotion with due reverence of the celebrations and remembrance of holy occasions such as Lailatul Me’raj, Lailatul Barat, Lailatul Qadr, Yaume-e-Ashura, Eid-e-Miladunnabi, Urs Mubarak of great Auliyas such as Ghaus ul Azam and commemoration of Badr Shuhada and performance of Milaad Shareef with Qiyam inside the Mosque. ## Activities undertaken to further public benefit The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. The Mosque carried out a wide range of activities and services in pursuance of its charitable aims and objectives. The Trustees believes that the activities listed below provides public benefit to both the congregation and the wider community in Oldham. Prayers The Mosque is open every day for the five daily salah as well as Friday Jummah prayers when over 400 people are in attendance. During much of the period of this report, the 6 - Jummah prayers was divided into two services to accommodate all the congregation whilst maintaining social distancing. - Ramadan & Eid The Mosque provided Iftar meals during Ramadan 2022 for those attending the Mosque in the evening and who wished to break their fasts together. Eid prayers were conducted in two separate services to accommodate over 800 people to perform their Eid prayers. - Facilities of A section of the upper floor continues to provide prayer Women facilities for women with live streaming on large TV screens. Children Islamic Over 60 children aged between 7-15 are enrolled for Classes primary Islamic education. Monthly Islamic lectures conducted by the Imams on Islamic Seminar Knowledge, Quran, Hadith & Zikr. This seminar is open to all and concluded with prayers and then food provided to the attendees. Attendance at these seminars varies between 30 – 50 people. - Charity Almost every week on Friday after Jummah Salah, public Collection collection is made to help various good causes such as building of Mosques, educational establishments and helping the poor and destitute in other countries such as Bangladesh, Africa and the Middle East. - Funerals No less than 4 funerals were conducted during the period of this report. Pastoral care and support were provided to the family of the bereaved together with assistance in the arrangement of the funeral and burial. ## Structure, Governance and Management Financial instruments ## Objectives and policies The charity’s activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes. 7 ## Cash flow risk The charity’s activities expose it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exposures. Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows. ## Credit risk The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments. The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows. The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies. The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers. ## Liquidity risk In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and shortterm debt finance. Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements. The annual report was approved by the trustees of the charity on 4 July 2023 and signed on its behalf by: ......................................... Shamim Miah Chairman - Board of Trustee 8 ## **Shahjalal Mosque & Islamic Centre** ## **Independent Examiner's Report to the Trustees of Shahjalal Mosque & Islamic Centre** I report to the trustees on my examination of the accounts of Shahjalal Mosque & Islamic Centre for the year ended 4 September 2022. ## **Responsibilities and basis of report** As the charity trustees of Shahjalal Mosque & Islamic Centre you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Shahjalal Mosque & Islamic Centre'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 in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of Shahjalal Mosque & Islamic Centre as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting 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. Riaz Ahmad & Co Limited Chartered Certified Accountants Lord House 51 Lord Street Manchester M3 1HE 4 July 2023 Page 9 ## **Shahjalal Mosque & Islamic Centre** ## **Statement of Financial Activities** ## **Statement of Financial Activities for the Year Ended 4 September 2022** ||**Unrestricted**
**Total**| |---|---| ||**funds**
**2022**| |**Note**|**£**
**£**| |**Income and Endowments from:**|| |Donations and legacies|66,297
66,297| |Total income|| ||66,297
66,297| |**Expenditure on:**|| |Raisingfunds|(56,755)
(56,755)| |Total expenditure|| ||(56,755)
(56,755)| |Net income|| ||9,542
9,542| |Net movement in funds|| ||9,542
9,542| |**Reconciliation of funds**|| |Total funds brought forward|| ||103,189
103,189| |Total funds carried forward
12|| ||112,731
112,731| ||**Unrestricted**
**Total**| ||**funds**
**2021**| |**Note**|**£**
**£**| |**Income and Endowments from:**|| |Donations and legacies|101,042
101,042| |Total income|| ||101,042
101,042| |**Expenditure on:**|| |Raisingfunds|(64,198)
(64,198)| |Total expenditure|| ||(64,198)
(64,198)| |Net income|| ||36,844
36,844| |Net movement in funds|| ||36,844
36,844| |**Reconciliation of funds**|| |Total funds brought forward|| ||66,345
66,345| |Total funds carried forward
12|| ||103,189
103,189| All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 12. The notes on pages 7 to 15 form an integral part of these financial statements. Page 10 ## **Shahjalal Mosque & Islamic Centre** ## **Balance Sheet** ## **(Registration number: 1189107) Balance Sheet as at 4 September 2022** ||**2022**
**2021**| |---|---| |**Note**|**£**
**£**| |**Fixed assets**|| ||| |Tangible assets
8|52,000
52,000| |**Current assets**|| ||| |Cash at bank and in hand
9|61,542
51,680| |**Creditors: Amounts falling due within oneyear**
10|| ||(811)
(491)| |**Net current**assets|| ||60,731
51,189| |**Net**assets|| ||112,731
103,189| |**Funds of the charity:**|| |**Unrestricted income funds**|| ||| |Unrestricted funds|112,731
103,189| |**Total funds**
12|| ||112,731
103,189| The financial statements on pages 10 to 20 were approved by the trustees, and authorised for issue on 4 July 2023 and signed on their behalf by: .. ....................................... **Shamim Miah Chairman and Trustee** The notes on pages 12 to 20 form an integral part of these financial statements. Page 11 ## **Shahjalal Mosque & Islamic Centre** ## **Notes to the Financial Statements for the Year Ended 4 September 2022** ## **1 Accounting policies** ## **Statement of compliance** The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. ## **Basis of preparation** Shahjalal Mosque & Islamic Centre meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. ## **Exemption from preparing a cash flow statement** The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements. ## **Going concern** The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. ## **Income and endowments** Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability. ## _**Donations and legacies**_ Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured. ## _**Grants receivable**_ Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released. ## **Expenditure** All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs. ## _**Raising funds**_ These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds. Page 12 ## **Shahjalal Mosque & Islamic Centre** ## **Notes to Financial Statements** ## **Notes to the Financial Statements for the Year Ended 4 September 2022** ## **Support costs** Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. ## **Government grants** Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income. ## **Taxation** The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. ## **Tangible fixed assets** Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. ## **Cash and cash equivalents** Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. ## **Trade creditors** are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Page 13 ## **Shahjalal Mosque & Islamic Centre** ## **Notes to the Financial Statements for the Year Ended 4 September 2022** ## **Borrowings** Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date. ## **Fund structure** Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity. ## **Financial instruments** ## _**Classification**_ Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities. ## _**Recognition and measurement**_ All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously. Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party. Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires. Page 14 ## **Shahjalal Mosque & Islamic Centre** ## **Notes to the Financial Statements for the Year Ended 4 September 2022** ## _**Debt instruments**_ Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method: (a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate. (b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged. (c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a). (d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods. (e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law. (f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c). Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment. With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss. Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment. ## _**Investments**_ Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment. Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored. Page 15 ## **Shahjalal Mosque & Islamic Centre** ## **Notes to the Financial Statements for the Year Ended 4 September 2022** ## _**Derivative financial instruments**_ The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes. Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship. ## _**Fair value measurement**_ The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique. - **2 Income from donations and legacies** ||**Unrestricted**|| |---|---|---| ||**funds**|**Total**| ||**General**|**funds**| ||**£**|**£**| |Donations and legacies;||| |Donations from individuals|66,297|66,297| |**Total forperiod ended 4 September 2022**|66,297|66,297| |**Total forperiod ended 4 September 2021**|101,042|101,042| ## **3 Expenditure on raising funds** ## **Costs of trading activities** **a)** ||**Unrestricted**| |---|---| ||**funds**
**Total**| ||**General**
**funds**| |**Note**|**£**
**£**| |Costs ofgoods sold|5,630
5,630| |**Total forperiod ended 4 September 2022**|| ||5,630
5,630| |**Total for period ended 4 September 2021**|| ||918
918| Page 16 ## **Shahjalal Mosque & Islamic Centre** ## **Notes to the Financial Statements for the Year Ended 4 September 2022** |**b)**
**Investment management costs**|| |---|---| ||| ||| ||**Unrestricted**| ||**funds**
**Total**| ||**General**
**funds**| |**Note**|**£**
**£**| |Allocated support costs|11,134
11,134| |**Total forperiod ended 4 September 2022**|| ||11,134
11,134| |**Total forperiod ended 4 September 2021**|| ||9,558
9,558| ||**Total**
**costs**| ||**£**| |**4**
**Net incoming/outgoing resources**|| |Net incoming resources for the year include:|| ||**2022**| ||**£**| |**5**
**Trustees remuneration and expenses**|| |**6**
**Staff costs**|| |The aggregate payroll costs were as follows:|| ||**2022**
**2021**| ||**£**
**£**| |**Staff costs during the year were:**|| ||| |Wages and salaries|39,991
53,722| No employee received emoluments of more than £60,000 during the year Page 17 ## **Shahjalal Mosque & Islamic Centre** ## **Notes to the Financial Statements for the Year Ended 4 September 2022** ## **7 Taxation** The charity is a registered charity and is therefore exempt from taxation. ## **8 Tangible fixed assets** |**8**|**Tangible fixed assets**||| |---|---|---|---| |||**Land and**|| |||**buildings**|**Total**| |||**£**|**£**| |**Cost**|||| |At|5 September 2021|52,000|52,000| |At|4 September 2022|52,000|52,000| |**Depreciation**|||| |At|4 September 2022|-|-| |**Net book value**|||| |At|4 September 2022|52,000|52,000| |At|4 September 2021|52,000|52,000| |**9**|**Cash and cash equivalents**||| |||**2022**|**2021**| |||**£**|**£**| |Cash on hand||1,400|1,200| |Cash at bank||60,142|50,480| |||61,542|51,680| |**10**|**Creditors: amounts falling due within one year**||| |||**2022**|**2021**| |||**£**|**£**| |Other taxation and social security||419|99| |Other creditors||392|392| |||811|491| **11 Pension and other schemes** ## **Defined contribution pension scheme** The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £Nil (2021 - £Nil). Page 18 ## **Shahjalal Mosque & Islamic Centre** ## **Notes to the Financial Statements for the Year Ended 4 September 2022** |**12**|**Funds**||||| |---|---|---|---|---|---| |||**Balance at 5**|**Incoming**|**Resources**|**Balance at 4**| |||**September 2021**|**resources**|**expended**|**September 2022**| |||**£**|**£**|**£**|**£**| |**Unrestricted funds**|||||| |General||103,189|66,297|(56,755)|112,731| |||**Balance at 17**|**Incoming**|**Resources**|**Balance at 4**| |||**April 2020**|**resources**|**expended**|**September 2021**| |||**£**|**£**|**£**|**£**| |**Unrestricted funds**|||||| |General||66,345|101,042|(64,198)|103,189| ## **13 Analysis of net assets between funds** |**13**
**Analysis of net assets between funds**|| |---|---| ||**Unrestricted**
**Total funds at 4**| ||**funds**
**September**| ||**General**
**2022**| ||**£**
**£**| |Tangible fixed assets|52,000
52,000| |Current assets|61,542
61,542| |Current liabilities|(811)
(811)| |Total net assets|| ||112,731
112,731| ||**Unrestricted**
**Total funds at 4**| ||**funds**
**September**| ||**General**
**2021**| ||**£**
**£**| |Tangible fixed assets|52,000
52,000| |Current assets|51,680
51,680| |Current liabilities|(491)
(491)| |Total net assets|| ||103,189
103,189| |**14**
**Analysis of net funds**|| ||**At 5 September**
**At 4 September**| ||**2021**
**2022**| ||**£**
**£**| |Cash at bank and in hand|51,680
51,680| |Net debt|| ||51,680
51,680| Page 19 ## **Shahjalal Mosque & Islamic Centre** ## **Notes to the Financial Statements for the Year Ended 4 September 2022** ||**At 4 September**| |---|---| ||**At 17 April 2020**
**2021**| ||
**£**
**£**| |Net debt|| ||-
-| Page 20 ## **Shahjalal Mosque & Islamic Centre** ## **Statement of Financial Activities by fund for the Year Ended 4 September 2022** ||**Total**
**Total**| |---|---| ||**Unrestricted**
**Unrestricted**| ||**Funds**
**Funds**| ||**2022**
**2021**| ||**£**
**£**| |**Income and Endowments from:**|| |Donations and legacies|66,297
101,042| |Total income|| ||66,297
101,042| |**Expenditure on:**|| |Raisingfunds|(56,755)
(64,198)| |Total expenditure|| ||(56,755)
(64,198)| |Net income|| ||9,542
36,844| |Net movement in funds|| ||9,542
36,844| |**Reconciliation of funds**|| |Total funds brought forward|| ||103,189
66,345| |Total funds carried forward|| ||112,731
103,189| This page does not form part of the statutory financial statements. Page 21 ## **Shahjalal Mosque & Islamic Centre** ## **Detailed Statement of Financial Activities for the Year Ended 4 September 2022** ||**Total**
**Total**| |---|---| ||**2022**
**2021**| ||**£**
**£**| |**Income and Endowments from:**|| |Donations and legacies(analysed below)|66,297
101,042| |Total income|| ||66,297
101,042| |**Expenditure on:**|| |Raisingfunds(analysed below)|(56,755)
(64,198)| |Total expenditure|| ||(56,755)
(64,198)| |Net income|| ||9,542
36,844| |Net movement in funds|| ||9,542
36,844| |**Reconciliation of funds**|| |Total funds brought forward|| ||103,189
66,345| |Total funds carried forward|| ||112,731
103,189| This page does not form part of the statutory financial statements. Page 22 ## **Shahjalal Mosque & Islamic Centre** ## **Detailed Statement of Financial Activities for the Year Ended 4 September 2022** ||**Total**
**Total**| |---|---| ||**Year ended 4**
**17 April 2020 to 4**| ||**September 2022**
**September 2021**| ||
**£**

**£**| |**_Donations and legacies_**|| ||| |Appeals and donations|66,297
61,913| |UK Governmentgrants|-
39,129| ||66,297
101,042| |**_Raising funds_**|| ||| |Direct costs|(5,630)
(750)| |Wages and salaries|(39,991)
(53,722)| |Staff pensions (Other) - pension scheme 1|-
(168)| |Water rates|-
(462)| |Light, heat and power|(5,646)
(2,905)| |Insurance|(902)
(1,798)| |Repairs and maintenance|(422)
(1,172)| |Repairs and renewals|-
(1,100)| |Telephone and fax|(471)
(464)| |Printing, postage and stationery|(145)
(90)| |Trade subscriptions|-
(285)| |Sundry expenses|(3,053)
(50)| |Cleaning|-
(582)| |Advertising|(495)
(650)| ||(56,755)
(64,198)| This page does not form part of the statutory financial statements. Page 23