**REGISTERED CHARITY NUMBER: 1193258**
**Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 March 2025**
**for**
**Markazi Jamia Masjid Ghousia CIO**
Lindley Adams Limited 28 Prescott Street Halifax West Yorkshire HX1 2JL
**Markazi Jamia Masjid Ghousia CIO**
**Contents of the Financial Statements for the Year Ended 31 March 2025**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Notes to the Financial Statements**|7|to|11|
|**Detailed Statement of Financial Activities**||12||
**Markazi Jamia Masjid Ghousia CIO**
**Report of the Trustees for the Year Ended 31 March 2025**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objects of the charity are set out in the charity's constitution and are summaried as follows:
- To advance the Islamic faith in Halifax and anywhere in the world
- To advance Islamic education
- To relieve poverty and sickness anywhere in the world
## **Significant activities**
We promote the Islamic faith in Halifax by providing a mosque at Rhodes Street which is open daily from dawn until 8pm for daily prayers,Friday service and interfaith meetings. We also provide a building at Hanson Lane for educational purposes mainly for school age children and as a venue for conferences and local community groups. We also provide relief for the poor and needy and emotional support for local communities especially for those in ill health or grieving.
## **Public benefit**
Our objectives are set to reflect our faith and community aims. Each year the trustees review our objectives and activities to ensure they continue to reflect our aims. In carrying out this review the trustees have complied with their duties as detailed in the Charities Act 2011 section 17(5) by reviewing the Charity Commission's general guidance on public benefit and in particular its supplementary public guidance on the advancement of religion for the public benefit.
## **Social investments**
The charity aims to promote the Islamic faith by continuing to provide a Mosque in Halifax and facilities for teaching both children and adults. The objectives for the period were to continue to raise funds and to continue to maintain and improve existing facilities.
## **ACHIEVEMENTS AND PERFORMANCE Charitable activities**
During the period the charity has raised funds which were used to fund its objectives.
The trustees consider that the activities of the charity provide benefits both to those who worship at our Mosque and the wider community of Halifax.
The charity is grateful for the assistance of around 10 volunteers during the period.
## **Fundraising activities**
The principal fundraising activities have been the collection of donations.
## **FINANCIAL REVIEW**
## **Financial position**
Donations for the year amounted to £73,951 ( 2024 £94,309 )
Expenditure for the year amounted to £76,912 (2024 £67,155) .A breakdown of expenditure is shown on the detailed SOFA on page 12 of the accounts.
Net expenditure for the year was £2,961 ( 2024 income over expenditure £27,154).
## **Principal funding sources**
The principal source of funding during the period has been by voluntary donations from the local community.
## **Reserves policy**
The total reserves of the charity at the end of the year were £1,004,128 (2024 £1,007,089). Free reserves amounted to £298,055 ( 2024 £355,346).
The policy on unrestricted reserves is that these will be accumulated to meet the future needs of the charity, to provide a buffer in the event of unforeseen circumstances such as the coronavirus pandemic, and to enable the charity to extend its premises..
At present the charity has no restricted funds.
Page 1
**Markazi Jamia Masjid Ghousia CIO**
**Report of the Trustees for the Year Ended 31 March 2025**
## **FINANCIAL REVIEW**
## **Going concern**
The trustees have looked at forecasts and are satisfied that the charity has adequate resources to continue to operate for the foreseeable future.
The charity has sufficient liquid funds to meet its liabilities as they become due and expenditure will not be authorised unless sufficient funds are in place.For these reasons the trustees have adopted the going concern basis for preparing these financial statements.
## **FUTURE PLANS**
The charity intends to continue to raise funds by voluntary donations and to continue its religious and educational work and to continue supporting the local community.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The charity is a Charitable Incorporated Organization (CIO) governed according to its constitution dated on 6th January 2021 .The CIO was recognized as a charity on 26th January 2021 and took over the work of the previously unincorporated association on 11th June 2021.
The Charity's first accounts covered the period from 11th June 2021 to 31st March 2022.
The CIO is an independent charity and not part of any "umbrella" body and is registered in England. In the event of the CIO being wound up, the members have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
## **Recruitment and appointment of new trustees**
There must be a minimum of three and a maximum of 10 trustees.
Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
In selecting individuals for appointment as charity trustees , the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
## **Organisational structure**
The trustees make all decisions regarding strategic matters, fund raising and all expenditure.
## **Induction and training of new trustees**
A policy for inducting new trustees has been agreed and training sessions will be given to new trustees to familiarise themselves with the charity and their obligations which includes providing them with copies of the constitution,financial statements and documentation for new trustees provided by the Charity Commission.
## **Related parties**
The only related parties are the trustees none of whom are remunerated or have any benefits in kind.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1193258
**Principal address** 49 Rhodes Street Halifax West Yorkshire HX1 5DE
## **Trustees**
S Mahmood M Sajawal Chair M Ayub B Ahmed A Ali
Page 2
**Markazi Jamia Masjid Ghousia CIO**
**Report of the Trustees for the Year Ended 31 March 2025**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Independent Examiner**
D C Adams Lindley Adams Limited 28 Prescott Street Halifax West Yorkshire HX1 2JL
## **COMMENCEMENT OF ACTIVITIES**
The charity is a Charitable Incorporated Organization (CIO) governed according to its constitution dated on 6th January 2021 .The CIO was recognized as a charity on 26th January 2021 and took over the work of the previously unincorporated association on 11th June 2021.
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those 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;
- 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 which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. 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.
Approved by order of the board of trustees on 29 January 2026 and signed on its behalf by:
S Mahmood - Trustee
Page 3
## **Independent Examiner's Report to the Trustees of Markazi Jamia Masjid Ghousia CIO**
## **Independent examiner's report to the trustees of Markazi Jamia Masjid Ghousia CIO**
I report to the charity trustees on my examination of the accounts of Markazi Jamia Masjid Ghousia CIO (the Trust) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all 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 the Trust 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 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.
I am independent of the charity in accordance with the ethical requirements that are relevant to my independent examination of the financial statements in the UK, including the FRC's Ethical Standard, and the provisions available for small entities, in the circumstances as set out in note 9 to the financial statements, and I have fulfilled my other ethical responsibilities in accordance with these requirements.
D C Adams
Lindley Adams Limited 28 Prescott Street Halifax West Yorkshire HX1 2JL
29 January 2026
Page 4
**Markazi Jamia Masjid Ghousia CIO**
## **Statement of Financial Activities for the Year Ended 31 March 2025**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**EXPENDITURE ON**
**Raising funds**
Raising donations and legacies
**Charitable activities**
Charitable
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**CONTINUING OPERATIONS**|**31.3.25**
31.3.24
**Unrestricted**
Total
**fund**
funds
**£**
£
**73,951**
94,309
**1,248**
1,161
**1,248**
1,161
**75,664**
65,994
**76,912**
67,155
**(2,961)**
27,154
**1,007,089**
979,935
**1,004,128**
1,007,089|
|---|---|
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 5
**Markazi Jamia Masjid Ghousia CIO**
## **Balance Sheet**
## **31 March 2025**
|Notes
**FIXED ASSETS**
Tangible assets
5
**CURRENT ASSETS**
Prepayments and accrued income
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
6
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
7
Unrestricted funds
**TOTAL FUNDS**|**31.3.25**
31.3.24
**Unrestricted**
Total
**fund**
funds
**£**
£
**706,073**
651,743
**1,093**
4,020
**299,820**
356,559
**300,913**
360,579
**(2,858)**
(5,233)
**298,055**
355,346
**1,004,128**
1,007,089
**1,004,128**
1,007,089
**1,004,128**
1,007,089
**1,004,128**
1,007,089|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 29 January 2026 and were signed on its behalf by:
S Mahmood - Trustee
The notes form part of these financial statements
Page 6
**Markazi Jamia Masjid Ghousia CIO**
**Notes to the Financial Statements for the Year Ended 31 March 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% Straight line Plant and machinery - 10% on cost Fixtures and fittings - 10% on cost
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
At present there are no restricted funds held by the charity.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Financial Instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **Going Concern**
The trustees have looked at forecasts and are satisfied that the charity has adequate resources to continue to operate for the foreseeable future.
The charity has sufficient liquid funds to meet its liabilities as they become due and expenditure will not be authorised unless sufficient funds are in place.For these reasons the trustees have adopted the going concern basis for preparing these financial statements.
continued...
Page 7
**Markazi Jamia Masjid Ghousia CIO**
**Notes to the Financial Statements - continued for the Year Ended 31 March 2025**
## **2. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
## **3. STAFF COSTS**
|Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Support staff
No employees received emoluments in excess of £60,000.|**31.3.25**
31.3.24
**£**
£
**23,313**
23,410
**325**
328
**23,638**
23,738
**31.3.25**
31.3.24
**2**
2|
|---|---|
## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**EXPENDITURE ON**
**Raising funds**
Raising donations and legacies
**Charitable activities**
Charitable
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
94,309|
|---|---|
||1,161|
||1,161
65,994|
||67,155|
||27,154
979,935|
||1,007,089|
continued...
Page 8
**Markazi Jamia Masjid Ghousia CIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025**
## **5. TANGIBLE FIXED ASSETS**
|Freehold
Property
property
alterations
£
£
**COST**
At 1 April 2024
**682,500**
**-**
Additions
**-**
**70,404**
At 31 March 2025
**682,500**
**70,404**
**DEPRECIATION**
At 1 April 2024
**38,068**
**-**
Charge for year
**13,650**
**1,409**
At 31 March 2025
**51,718**
**1,409**
**NET BOOK VALUE**
At 31 March 2025
**630,782**
**68,995**
At 31 March 2024
644,432
-
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Tax
Social security and other taxes
Other creditors
Accrued expenses
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**|Plant and
machinery
£
**6,024**
**-**
**6,024**
**1,687**
**602**
**2,289**
**3,735**
4,337
At 1.4.24
£
**1,007,089**
**1,007,089**
Incoming
resources
£
**73,951**
**73,951**||Fixtures
and
fittings
£
**4,132**
**-**
**4,132**
**1,158**
**413**
**1,571**
**2,561**
2,974
**31.3.25**
**£**
**449**
**-**
**430**
**1,979**
**2,858**
Net
movement
in funds
£
**(2,961)**
**(2,961)**
Resources
expended
£
**(76,912)**
**(76,912)**|Totals
£
**692,656**
**70,404**
**763,060**
**40,913**
**16,074**
**56,987**
**706,073**
651,743
31.3.24
£
-
425
983
3,825
5,233
At
31.3.25
£
**1,004,128**
**1,004,128**
Movement
in funds
£
**(2,961)**
**(2,961)**|
|---|---|---|---|---|
||||||
||||||
## **6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
## **7. MOVEMENT IN FUNDS**
continued...
Page 9
**Markazi Jamia Masjid Ghousia CIO**
**Notes to the Financial Statements - continued for the Year Ended 31 March 2025**
## **7. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|At 1.4.23
£
**Unrestricted funds**
General fund
979,935
**TOTAL FUNDS**
979,935
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
94,309
**TOTAL FUNDS**
94,309|Net
movement
At
in funds
31.3.24
£
£
27,154
1,007,089
27,154
1,007,089
Resources
Movement
expended
in funds
£
£
(67,155)
27,154
(67,155)
27,154|Net
movement
At
in funds
31.3.24
£
£
27,154
1,007,089
27,154
1,007,089
Resources
Movement
expended
in funds
£
£
(67,155)
27,154
(67,155)
27,154|
|---|---|---|
|||27,154|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.23
£
979,935
979,935|Net
movement
in funds
£
24,193
24,193|At
31.3.25
£
1,004,128|
|---|---|---|---|
||||1,004,128|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|168,260|(144,067)|24,193|
|**TOTAL FUNDS**|168,260|(144,067)|24,193|
continued...
Page 10
**Markazi Jamia Masjid Ghousia CIO**
**Notes to the Financial Statements - continued for the Year Ended 31 March 2025**
## **8. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2025.
## **9. NON INDEPENDENT EXAMINERS SERVICES**
In common with many other charities of our size and nature, we use our independent examiners to prepare and submit returns to the tax authorities and assist us with the preparation of the financial statements.
## **10. TRANSFER OF ASSETS**
The whole of the assets of the previously unincorporated charity Markazi Jamia Masjid Ghousia ( registered charity number 1155329) amounting to £946,099 were transferred to Markazi Jamia Masjid Ghousia CIO ( registered charity number 1193258) on 11th June 2021.
Page 11
**Markazi Jamia Masjid Ghousia CIO**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2025**
||31.3.25|31.3.24|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|**73,951**|94,309|
|**Total incoming resources**|**73,951**|94,309|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Donation transfer costs|**1,248**|1,161|
|**Charitable activities**|||
|Wages|**23,313**|23,410|
|Pensions|**325**|328|
|Rates and water|**7,353**|3,374|
|Insurance|**2,535**|2,381|
|Light and heat|**20,390**|16,286|
|Telephone|**1,551**|1,600|
|Sundries|**75**|225|
|Catering costs|**650**|-|
|Repairs and renewals|**933**|1,715|
|Subscriptions|**50**|315|
|Computer maintenance|**75**|75|
|Freehold property|**13,650**|13,650|
|Depn of property alterations|**1,409**|-|
|Plant and machinery|**602**|602|
|Fixtures and fittings|**413**|413|
||**73,324**|64,374|
|**Support costs**|||
|**Governance costs**|||
|Accountancy and legal fees|**1,170**|810|
|Independent Examination|**1,170**|810|
||**2,340**|1,620|
|Total resources expended|**76,912**|67,155|
|**Net (expenditure)/income**|**(2,961)**|27,154|
This page does not form part of the statutory financial statements
Page 12