Financial Report 1st May 2021 to 30th April 2022 **----- Start of picture text -----**
Restricted Funds Unrestricted Funds Total Funds
Incoming Resources
Incoming resources from generated funds
Voluntary Income 90265 204729
Investment income 0 0
incoming resources from charitable activities 0 0
total incoming resources 90265 204729
resources expended
costs of generated funds 0 0
investment management costs 0 0
charitable activities 139077
governance costs
total resources expended 139077
net incoming resources 0
total funds brought forward 65652
total funds carried forward 65652
All activities relate to continuing operations
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**Balance carried forward from previous year** 114464 0 0 114464 0 0 ||**May '21 - Apr 2022 **|**May '20 - Apr '21**| |---|---|---| |**Fixed Assets**||| |Tangible fxed assets|3.5 Million|1.5 million| |investment property|0|0| |**current assets**||| |debtors|0|0| |Cash at bank and in hand|65652|114464| |**creditors: amounts falling due**||| |within 1 year|0|0| |**net current assets**|65652|114464| |**charity funds**||| |unrestricted funds|65652|114464| |restricted funds|0|0| |**total funds**|65652|114464| **----- Start of picture text -----**
tangible fixed assets freehold land and buildings
fixtures, fittings and equipment
As a registered charity, the
charity is exempt from income
and corporation tax to the
extent that its income and
gains are applicable to the
Taxation charitable purposes
voluntary income restricted funds unrestricted funds total funds
appeals and donations 0 90265 204729
investment income
rental income 0 0 0
incoming resources from charitable activities
Mosque 0 0 0
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**balance carried forward from previous year** 114464 0 0 **----- Start of picture text -----**
Investment management costs
restricted unrestricted total funds
funds funds total funds year before
property costs: Improvements, repairs & renewals 0 111228 111228 19000
Analysis of resources expended by activities
activities
undertaken total year
directly support costs total before
Bills: Water, Light, Heat, Telephone & Broadband 10581 8838
Mosque activities/Miscellaneous expenses 0
(teaching materials and equipment, travel,
food etc.)
Insurance 1151 1100
Legal and Professional Cost 4200 4200 4200
Building Improvements 18250 18250 19000
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The charity is controlled by trustees who work voluntarily without any pay and are not reimbursed for any expenses, and receive no benefits in kind **----- Start of picture text -----**
Tangible fixed assets
freehold land and fixtures, fittings and
buildings equipment total
cost
at 1st May 2021 1.5 million £23,000 1,523,000
Additions
Disposals
At 30th April 2022 3.5 million
depreciation
At 1st May 2021 £25,000
Charge for the year
At 30th April 2022 £23,000
net book value
At 30th April 2022 3.5 million £80,000 3,580,000
freehold
investment
Investment property property
cost
at 1st May 2020 0 0 0
additions at cost 0 0 0
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At 30th April 2021 **----- Start of picture text -----**
Debtors 04/22 04/21
prepayments and accured income 0 0
other debtors 0 0
Creditors
amounts falling due within one year
04/22 04/21
trade creditors 0 0
accruels and deferred income 0 0
other creditors 0 0
Statement Funds
Brought Incoming Resources Carried
Forward Resources Expended Forward
Unrestricted funds 114464 90265 139077 65652
restricted funds 0 0 0 0
total funds 114464 90265 139077 65652
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TRUSTEES REPORT FOR THE YEAR ENDING W APRIL ZI)22 The charity has a reserve policy which is to maintain 3 sufficient level of li4uid reserves to meet short term obligations and any unforeseen expenditure. This reser¥e amount is £20,COJ whKh the trustees are satisfied wth. During the year the charity raised a total of £90.265 od incoming r&oJrces before charity expenditure. this added money brought forward from the previous year1£114.4641 amounted to total of £204,729. of the funds raised were voluntary donations from within the Markazi Jamiat Ahl-&Hadith (Bradfordl masjid. The expenditure was £139,077 forthe year lea￿A8 a ¢losiw% balance of £65.652 in thè Markazi Jamiat Ahk&Hadith account. YEARLY A￿1VITy As identthed in the last few years reports we outlined the work needed to be conducted to the side extension to the building for a new wudhulablution area which has now been opened for use for the congregation however minor works still ongoing. The trustees decided to pay the Imam a monthty wage. Thiswas duèto thè imam knkn"n8 for a paid job and there was no other imam willing to work voluntary. This was the best option ty the trustees as the imam has been here for a long time and is familiar and liked by the community. ExpÈnditurÈ was used on ener8ylutility bill, broadband, Insurance as wdl as legal fee> Classes were restarted over the year for children to attend. The case that was lodged with the employment's appeals tribunal has been c(*mplete. Mr Ehsan withdrew his Case due to the ¢ourt highli8htin8 his lies and deceit, he now 0*5 the Markazi lamiat Ahl-+Hadith money as per the judges orders a case iulin8 Can be fwnd on the Gov website. He is payin8 direct debr( of £￿3 mnth in instalments for atleast 4 years as per court orders. was d￿lded by the trustee5 to enrol a new management committee as the prewouscommittee wanted to lèa¥e their Positions and res￿)nsIbl1[tIÈs. Therefore, the masjid Ashura Imembwsl we consulted and new management was put in to place. Trustee5 then decided as they are getting in their old age to r￿ruit 3 ne￿ trust￿$ Ideal￿ from within thè management. FWURE PROJEa5 The repai¥ work on the roof 15 on8(yn& once this has been So￿ed we are l¢x)kiThg to redecorate the masjid which includes carpet fitting. We are also working on instslling heatingjaif con unitsfor better efficiency to bring ease for attendees. We are also considerin8 a food bank #art up which would benefft the ￿der tcffimunity. There will be open days for Ic￿1 schC￿lS and communities for a wsits to engage with the masjid. We will continue with Our.￿ndaYS. which all communf(ies have been and will be attending. We are aiming to hold 5eminar5 and cour5esthat helpthe community in leaming and practising Islam in their daily live& ml &P• Accou tfo he ear ende Openin8 Bank 8alance Donations Received 114.464 90,265 204,729 Pa Wages Water Light & Heat Telephone & Broadband 8ank Char8es Repairs & Renewals Insurance Building Improvments Legal & Professional Cost aoslng Bank 8alance 11.917 775 9,518 240 92,978 1.151 18.250 4.2sX) 139.077 65,652 The above account is prepared from the records, infomiation and explanations provided to us by the client and are certified in accordance therevlith. We have not carried out an audiL Preston House Preston Street Bradford BD7 1JE Greenfleld Accountants CLIENT'S APPROVAL FOR THE YEAR ENDED: 30th April 2022 I certfy that to the best of my knovAedge and belief the accounting records provided together with the infomiation and explanations given to the Greenfield Accountants costitute a true and correct record of all the transactions of Jamiat Ahe-&Hadith, and I confirm that this account has my approval. Signed Date g￿trAT M/A House BradfordBD7 IJE TeL. 01274 722AO Embassy Accountants Busin￿ Adviso Bradford BD) 9QN Tel: 01274 753535 01924 457160 accounianis.co.uk 24 February 2023 To whom tt may concern Markail Jamlat Ah adlth Dear Slrs I can conflmi that the I, Steven Wa15haw FCC& as an Independent qualified accountant, have revlewed the above charlty income and expenditure ststement and the working papers that were used to complle the statement by the current accountsnts. I have also spoken to committee members and dlscussed controls in place to monltor collectlon and recordSn8 of the monbes recelved. I can confirm that the statement is accurate and true ￿presentatIon of the charltles pas￿l0n as at 30 Aprll 2022. Yours falthfully Embasw A￿oUntantS