Charity registration number: 1192012
## Momin Community Centre
Annual Report and Financial Statements for the Year Ended 31 October 2024
## **Momin Community Centre**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2|
|Statement of Trustees' Responsibilities|3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7 to 9|
## **Momin Community Centre**
## **Reference and Administrative Details**
**Charity Registration Number (CIO) Principal Office Independent Examiner**
1192012 27 Scraptoft Lane Leicester LE5 2FD FAR Accountancy Limited 10 Brook Furlong Drive Leicester LE4 3LU
Page 1
## **Momin Community Centre**
## **Trustees Report**
The trustees present the annual report together with the financial statements of the charity for the year ended 31 October 2024.
## **Objectives and activities**
The objects of the CIO are to relieve financial hardship, distress and suffering among poor people, victims of natural disasters and other people in need by means of, but not exclusively, making grants or loans for providing or paying for items, equipment, services, and facilities, including the provision of food, clean water and clothing for the benefit of the said persons.
To advance education for the benefit of the general public by means of, but not exclusively, the provision or the assistance in the provision of educational activities and facilities, such as supplementary schools and training centres.
To advance in life and relieve needs of young people through: (a) The provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life; (b) Providing support and activities which develop their skills, capacities, and capabilities to enable them to participate in society as mature and responsible individuals.
To advance the religion of Islam by means of, but not exclusively, the provision of facilities of Islamic worship and education in accordance with the teachings of the Quran and the Sunnah of the Prophet Muhammad (Peace be upon him) as interpreted by Shia Ithna Asheri School of Thought.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees:
Kasim Gulamali Momin Mohammed Momin Hasan Momin Kalbehusen Gulambaker Momin Abbas Momin
The annual report was approved by the trustees of the charity on 27 August 2025 and signed on its behalf by:
......................................... Kasim Gulamali Momin Trustee
Page 2
## **Momin Community Centre**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements 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 financial statements; and
• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that 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 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees 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.
Page 3
## **Momin Community Centre**
## **Independent Examiner's Report to the trustees of Momin Community Centre**
I report to the trustees on my examination of the accounts of Momin Community Centre for the year ended 31 October 2024.
## **Responsibilities and basis of report**
As the charity trustees of Momin Community 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 theMomin Community 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**
Since Momin Community Centre's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
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 Momin Community 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.
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...................................... FAR Accountancy Limited the Association of Chartered Certified Accountants
10 Brook Furlong Drive Leicester LE4 3LU
27 August 2025
Page 4
## **Momin Community Centre**
## **Statement of Financial Activities for the Year Ended 31 October 2024**
|**Note**
**Income and Endowments from:**
Charitable activities
2
Other income
Total income
**Expenditure on:**
Charitable activities
3
Other expenditure
4
Total expenditure
Net income
**Other recognised gains and losses**
Other gains/losses
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
9
**Note**
**Income and Endowments from:**
Charitable activities
2
Other income
Total income
**Expenditure on:**
Charitable activities
3
Other expenditure
4
Total expenditure
Net income
**Other recognised gains and losses**
Other gains/losses
Net movement in funds
**Reconciliation of funds**
Total funds carried forward
9|**Unrestricted**
**funds**
**£**
34,202
10,535
44,737
(1,831)
(35,897)
(37,728)
7,009
-
7,009
250,683
257,692
**Unrestricted**
**funds**
**£**
51,110
9,167
60,277
-
(29,960)
(29,960)
30,317
-
30,317
250,683|**Restricted**
**funds**
**£**
1,400
-
1,400
(200)
-
(200)
1,200
1,200
30,724
31,924
**Restricted**
**funds**
**£**
27,468
-
27,468
(2,777)
-
(2,777)
24,692
24,692
30,724|**Total**
**2024**
**£**
35,602
10,535|
|---|---|---|---|
||||46,137|
||||(2,031)
(35,897)|
||||(37,928)|
||||8,209
-|
||||8,209|
||||281,407|
||||289,615|
||||**Total**
**2023**
**£**
78,578
9,167|
||||87,745|
||||(2,777)
(29,960)|
||||(32,737)|
||||55,008
-|
||||55,008|
||||281,407|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 and 2023 is shown in note 9
Page 5
## **Momin Community Centre**
## **(Registration number: 1192012) Balance Sheet as at 31 October 2024**
|**Note**
**Fixed assets**
Tangible assets
6
**Current assets**
Cash at bank and in hand
7
**Creditors: Amounts falling due within one year**
**Net current assets**
**Total assets less current liabilities**
**Creditors: Amounts falling due after more than one year**
8
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
**Unrestricted income funds**
Unrestricted funds
**Total funds**|**2024**
**£**
601,114
5,093
-|
|---|---|
||5,093|
||606,206
(316,591)|
||289,615|
||31,924
257,692|
||289,615|
The financial statements on pages 7 to 17 were approved by the trustees, and authorised for issue on 27 August 2025 and signed on their behalf by:
......................................... Kasim Gulamali Momin Trustee
Page 6
## **Momin Community Centre**
## **Notes to the Financial Statements for the Year Ended 31 October 2024**
## **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**
Momin Community 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**
## **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.
## **Charitable activities**
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.
## **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
Freehold charitable and investment property, land and buildings, are revalued every year to open market value using an independent professional valuer.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Page 7
## **Momin Community Centre**
## **Notes to the Financial Statements for the Year Ended 31 October 2024**
**Asset class** Land and Buildings Plant and Machinery
**Depreciation method and rate** Not depreciated 10% straight line
## **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.
## **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.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **2 Income from charitable activities**
|**Total for 2024**
**Total for 2023**|**Unrestricted**
**funds**
**General**
**£**
34,202
34,202
51,110|**Restricted**
**funds**
**£**
1,400
1,400
27,468|**Total**
**funds**
**£**
35,602|
|---|---|---|---|
||||35,602|
||||78,578|
## **3 Expenditure from charitable activities**
|**Total for 2024**
**Total for 2023**|**Unrestricted**
**funds**
**General**
**£**
(35,697)
(35,697)
-|**Restricted**
**funds**
**£**
(200)
(200)
(2,777)|**Total**
**funds**
**£**
(35,897)|
|---|---|---|---|
||||(35,897)|
||||(2,777)|
## **4 Other expenditure**
|Other resources expended
**Total for 2024**
**Total for 2023**|**Unrestricted**
**funds**
**General**
**£**
35,897
35,897
29,960|**Restricted**
**funds**
**£**
-
-
-|**Total**
**funds**
**£**
35,897|
|---|---|---|---|
||||35,897|
||||29,960|
## **5 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
Page 8
## **Momin Community Centre**
## **Notes to the Financial Statements for the Year Ended 31 October 2024**
## **6 Tangible fixed assets**
|**6 Tangible fixed assets**||||
|---|---|---|---|
|**Cost**
At 1 November 2023
Additions
At 31 October 2024
**Depreciation**
At 1 November 2023
Charge for the year
At 31 October 2024
**Net book value**
At 1 November 2023
At 31 October 2024
**7 Cash and cash equivalents**
Cash at bank
**8 Creditors: amounts falling due after one year**
Other creditors
**9 Funds**
**Balance at 1**
**November 2023**
**£**
**Unrestricted funds**
General
250,683
**Restricted funds**
30,724
**Total funds**
281,407
**Unrestricted funds**
General
**Restricted funds**
**Total funds**|**Land and**
**Buildings**
**£**
601,114
601,114
-
-
-
601,114
601,114
**Incoming**
**resources**
**£**
44,737
1,400
46,137
**Incoming**
**resources**
**£**
60,277
27,468
87,745|**Plant and**
**Machinery**
**£**
-
-
-
-
-
-
-
-
**2024**
**£**
5,093
**2024**
**£**
316,591
**Resources**
**expended**
**£**
(37,728)
(200)
(37,928)
**Resources**
**expended**
**£**
(29,960)
2,777
-
(32,737)|**Total**
**£**
601,114
-|
||||601,114|
||||-
-|
||||-|
||||601,114
601,114|
||||**2023**
**£**
10,793|
||||**2023**
**£**
330,500|
||||**Balance at 31**
**October 2024**
**£**
257,692
31,924|
||||289,615|
||||**Balance at 31**
**October 2023**
**£**
250,683
30,724|
||||281,407|
Page 9
## **Momin Community Centre**
## **Notes to the Financial Statements for the Year Ended 31 October 2024**
## **10 Analysis of net assets between funds**
|**10 Analysis of net assets between funds**||||
|---|---|---|---|
|Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets|**Unrestricted**
**funds**
**General**
**£**
601,114
(26,831)
-
(316,591)
257,692
**Unrestricted**
**funds**
**General**
**£**
601,114
(19,931)
-
(330,500)
250,683|**Restricted**
**funds**
**£**
-
31,924
-
-
31,924
**Restricted**
**funds**
**£**
-
30,724
-
-
30,724|**Total funds**
**at 31 October**
**2024**
**£**
601,114
5,093
-
(316,591)|
||||289,615|
||||**Total funds**
**at 31 October**
**2023**
**£**
601,114
10,793
-
(330,500)|
||||281,407|
Page 10
## **Momin Community Centre**
**Statement of Financial Activities by fund for the Year Ended 31 October 2024**
|**Income and Endowments from:**
Charitable activities
Total income
**Expenditure on:**
Charitable activities
Total expenditure
Net income
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**Restricted**
**Funds**
**2024**
**£**
1,400
1,400
(200)
(200)
1,200
30,724
31,924|**Total**
**Restricted**
**Funds**
**2023**
**£**
27,468|
|---|---|---|
|||27,468|
|||(2,777)|
|||(2,777)|
|||24,692|
|||6,032|
|||30,724|
## **Momin Community Centre**
## **Detailed Statement of Financial Activities for the Year Ended 31 October 2024**
|**Income and Endowments from:**
Charitable activities (analysed below)
Other income (analysed below)
Total income
**Expenditure on:**
Charitable activities (analysed below)
Other expenditure (analysed below)
Total expenditure
Net income
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**2024**
**£**
35,602
10,535
46,137
(2,031)
(35,897)
(37,928)
8,209
281,407
289,615|**Total**
**2023**
**£**
78,578
9,167|
|---|---|---|
|||87,745|
|||(2,777)
(29,960)|
|||(32,737)|
|||55,008|
|||226,398|
|||281,407|
## **Momin Community Centre**
## **Detailed Statement of Financial Activities for the Year Ended 31 October 2024**
|**_Charitable activities_**
Gift Aid tax reclaimed
Donations
Memberships
Khums Received
Kafeel Charity
Sabeel Media
Wuzu Khana
**_Other income_**
Income from rent
**_Charitable activities_**
Remitted to Imam Ali Foundation
Tabarruk & Niyaz
**_Other expenditure_**
Accountancy fees
Audio Video expenses
Bank charges
Consultancy
Cleaning
Insurance
Legal and professional fees
Miscellaneous
Office supplies
Printing, postage and stationery
Rates
Repairs and maintenance
Training
Travel and subsistence
Utilities
Waste Management
Website costs|**Total**
**2024**
**£**
-
21,812
11,640
1,400
-
-
750
35,602
10,535
10,535
(200)
(1,831)
(2,031)
500
-
117
1,478
-
-
-
250
1,541
-
1,807
29,473
370
-
-
312
48
(35,897)|**Total**
**2023**
**£**
20,104
20,666
10,340
25,318
1,650
500
-|
|---|---|---|
|||78,578|
|||9,167|
|||9,167|
|||(2,777)
-|
|||(2,777)|
|||800
2,280
163
-
-
-
2,557
443
10
2,601
16,923
-
950
3,234
-
-|
|||(29,960)|