Charity Registration No. 1193341 (England and Wal8s) SLOUGH MUSLIM TRUST ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 SLOUGH MUSLIM TRUST ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS Charity in1c￿￿on Trustees. report AcLountsnts' rw*t Incc¥re stateM￿rt St8tsment offinartial pos￿0￿ Notes to tlw a(rn￿ts Detaiw incc¥n8 and eXFendth￿ w)unt 13 SLOUGH MUSLIM TRUST CHARITY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees Faisal Totskl*l Moham&J Abdullah Ameen Moh8rned Sohail Sheergar Mohammed Shiraz Raheem Shah Mohamm￿1 Khadir Fayaz Charity Number 11g3341 lE￿land andW8k5) Régistèred Offlce Mas1￿ Ily35 Ilby R¢)&J SI0￿￿ SL13 Untted lQtvJ Accountsnts Tax SirnpJ￿J Lbj K￿p Housè 160 Cty Road EC1V2MX SLOUGH MUSLIM TRUST (CHARITY NO: 1193341 ENGLAND AND WALES) TRUSTEES. REPORT The trustees kYe5ent tr￿1r ￿port 8nd accwnts fty the year eNJgJ 31 Oecember 2￿4. Tru8tegS The folknying truste&s held olke dunng the ofts Ferhxr". Fais81 Totakhal MohaTned Abdullah Ameen Moharned Sohail Sheergar Mohammed Shir8z Rah￿ Shgh Mohammed Khadir Faya2 Strueture, governance and managem•n¢ D￿uM•nI The charity is consts'tuted as a chaniabb incorporatsd organEabon chanty ¢))r[￿l$S￿n urKl8f charity nwntkr 1193341 and 1$ gov6rned by its eonsttuhon. Oryanlsallonal Struetur• The trustees are fully resFk)nSIb￿ forthe rnanagement ofthe assets of ￿ tr￿t arKJ gi￿ their time fr8è of charg8 and rec8we no muneration or other finanoal benefits The tyustees ha¥e wular m8ebrw$, and *1 the trustees arp reS￿)n￿ble for all derysions takan in re￿t￿n to thg running of charity. Reerultmont and Appoirrtment of Tn These procedures are followed ac£ording to thè trust deed. Also. by 4reed rKoc￿ureS wlh and rvfieth"w ofts comtnunity to have a bgtter rel*"onship with the Memtors and the lotsl c￿MM￿lIty. Rtsk Managernont The trustees have assassed thè risks the charty faos and ha¥e thitified th8 may risk argas and have dravm ￿nts"ngenCY plans to deal with those risks. The trLtstee5 are sati5freiJ that systams are Tn plac*, or alrang￿ents ar8 in hand. to manage the nsks U)at have been identifth. In parbcular, polici6s are In pl￿, Insur￿ cover is up to date and finan￿ are being arraTrJed to purchase a 8urtable place olworship. Obltetlves and aetivitieg We have referred to the guidance ￿tain9￿ in the Chartty Commtssion's general guidancs when rewehmng our aims and objectives and in planning our fiJbJre ath￿bes. The obieaives ofthe charity are set out in ts thariws trLtst deed aTrJ ate summans&las fr)Ilows." To edvanrs the religion of151am by means of, but not exdusNety. the t)Thtsion of fac41￿"e$ of worship an(J Islamic eduotion. To relieve fir￿n￿al harr15hip, distr8ss and sufferiro amoThJ Fx)or teot4è To 8dyane8 education for the benefft ofthe genèral ptthiE by mearts of, ￿ not 8xdusi¥dy. th8 provB￿)n orthe asSistar￿ In the proMsicY ofa suppjernentary school. To adwaTKe in life and relEve neets of young people through.. al the prO￿$￿)n of ￿crea1￿)nal arky leisure time activib85 prowded in tre interest of SOL¥al welfare. bl provkjing support and activ(￿ which destlop th￿r $kilL8, capacits"è5 and capabilities to enable th￿n lo parb• in 5wety as mature and re5roN￿ IThj￿1du￿11 Achl•vernents and perforni•nc• During the period the charity Lrynpkted o)nstrucbon ofts bJibJirvJ and it wrds maLle fvjlly operational to provide a pla￿ ofworship and eduratronal ¢lasses. SLOUGH MUSLIM TRUST (CHARITY NO: 1193341 ENGLAND AND WALES) TRUSTEES. REPORT Flnancial review Reserves Policy The trustees have rewe%%Éd re5erve5 01 U)e chaty Their is to M)Id en￿gh fvnds to meet IIE operating costs ofthè charity Piinclpal Funding Sources The charity's main souic8 of Income Is donations gatr*red at FrKlay prayers or paKI via stsnding ordBts directty into chanty's bank a￿Unt The charity aL50 r￿￿e$ interest free loans from irKliwdu*s. Cal￿ Qarz+Hasana. which are fftpayabl6 on detnand, lo fijnd their capital proje¢*5 Plan$ for fu￿re Pèflods The trustees are h)oking to run e*ning classes fvrotht stsjants %thic4) wll cover both Islwnic and Swlar curric#Jlum Statement of trustees. responsibilitios The tm5te88 are responsib￿ for pr8paring rèpc¥t arKI accounts in accordanc8 with ar￿Kab￿ l&¥ and regUations. Charity law requirès the trustees lo prepare accounts for eath financial year. UndÈrthat Iw, the tr￿ta&S havè elected to prepar th8 2c¢ounts In 8ccord8n￿ with United Kingdom ￿erallY Accepted AcoJunb"rg Prath￿ Iunrted ￿.￿Jd0￿ Accounb"ng Stsndards and applieable lawl Under charity Lqw the trustees rnust not approv8 the acc*Jnts unths they are satsfied trat they give a tnje and fair of the state of affairs of tharrty and finan(xal adj¥￿eS for that Fencxl. In prepanng thes8 8ccnunts, the trustèes are requifftd to - s8leet suitable accwntiThJ policie5 then appty Ihem rx1ns￿ty. - rnake judgements and 8stymates that are reasonable a￿j pr￿￿n¢ - prepa19 the a¢xounts OTr the gtirvJ cOn￿Tr basts unless rt is inepKYLpriate to presume that the itsritywill o)ntrnue in bjsiriess. The trustees ar6 respon8ible for keepirg adeq￿te acc¥Junts"ng reojids that are suffic7ent to show and explain the chantvs transactions and disclose with reasonable accuracy at any twne thè finanoal p05rbon of the ehanty and enable them to ensure that the accounts comply with the Ghanb"es Act 2011. They 3re also respon$b￿ for safeguardirKJ the assets ofthe tharity and hgnc2 frjr takiry reasonab￿ steps for th8 pr&ventson ancl deteclK)n of fraud and olher irregulanhes Sign8d on behalf of the boarf of tru8tees Faisal Totakhel Ttu$tee Approved by the board on 24 Sept￿ter 2025 CHARTERED CERTIFIED ACCOUNTANTS, REPORTTO THE BOARD OF TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF SLOUGH MUSLIM TRUST FOR THE YEAR ENDED 31 DECEMBER 2024 I report lo the trustees on my examination ofthe finanaal statements of SI0￿Jh Muslim Tntst for r*ric¥J eTrJed 31 Derxnber 2023 R•spon8lbllitieB and basls of report As the trustees ofth8 charty you are ￿SponSible forts w8paraticm ofthe ffinanoal statem8ftts in ￿rdance wth Ihe reqUi￿rnents of the Chantiès A¢t 2011 1'th8 Act'l_ I report in resFect of my *x3rninthon ofthè thanty's finanoal 5tstements rarried oirt under section 145 of 2011 Aci an(1 In Carrying out rny ex8rnInati{￿ I folbmw all the applicab￿ Lh.[￿*.0nS given by the thanty Commisgion under sec*on 1451Sllbl of the Act. Ind¢pBnd8nt Examlnerfs 8¢at•m¢nt I have completed my ey2mination. I confimi that no matenJ matter5 halp ¢(Yne to rny attention in QJr￿e￿"Qn with the ex8minatson gi*ing me cause to btrlieve that in any material respact 1. accounting recor(15 We￿ not kept in respect of the chanty as reqLHraa by 5ec*on 130 ofthe Art or 2. the finanual staternents do not accord wth those reo)rds," or 3 the financial 8tstemènts do not compty willi the aoicabla requirernents t%)n￿MI￿J fo￿ and o)ntènt ofaccounts set out in I have no con￿M$ an¢J have come acttss no other matter5 in thn￿On wrilh ts &y2rninabon to which attèntion shoukl drawn in this report in order to enabk a prLper undw5tandFng ofthe accounts to be reaLtsJ. Junaid Khan FCCA Tax SimplifEd Li Chartered Certified Accountants Kemp House 160City Road London EC1V 2NX 24 September 2025 SLOUGH MUSLIM TRUST INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Income AdministTalive è4knses Op&rating surplus 140,641 146,9331 69.628 144,6741 J.708 24,954 Surplus on ordinary activitles 93.708 24.954 Surplus on ordinary acbwtjes Surplus for the year 93.708 24,954 SLOUGH MUSLIM TRUST STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024 2024 2023 Fixed assets Tangible assets 2,(￿1,779 Current assets Cash at bank and in haThJ 1,992,559 97,693 94,342 Net current assets 91,693 Total assots ￿$$ current liabilities Crnditor5: arnounts falling due after more than one year Net agsèts 94,342 2.092,472 2.086.9J1 (1,615,612) 11,703,7491 476.860 383,152 Funds of the charity Unre5trth funds 476.8eo Total charty funds 383,152 476,860 383.152 The financial statem$nts wEre appro￿￿ by thè Board oftru8tees and aulhon*l for k5su& on 24 Sept8mber 2025 and wère signed on ts b8halfby Faisal Totakhel Trustee Charity Regi$iratson No. 1193￿1 SLOUGH MUSLIM TRUST NOTES TO THEACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 1 Statutory infomiation Slough Muslim Trustts a Charitable In(x)rpor8ted Organisatyon, registered in Eryland and Wale5, regi¥tr*"on number 1193341. The registered Off￿ ￿ Masjkl Ilyas, Ro>J, Slough. SL1 3DW, Unrt&Y ￿[￿orn. 2 Compliance with accountlng standards finawial ststements habe prepa￿j in a¢o)rdance ¥￿1h the thantys Igo¥emirMJ th)wmentl, the charit￿$ Act2011 and "Ac£ounting and RaForh"rvJ by CharitEs.' Staternent of R￿crnMen￿￿ Prac￿ applThble to charits&% preparing their a¢xounts in accordance wth Fina￿al Reporting Standard applicab￿ In thè UK and Republi¢ of I￿land IFRS 102118ffeGliv8 1 January 20191" The charity is a Public Benefft Enbty 8$ defirEd by FRS 1￿2. Th8 charrty has takon advantsge ofthe provisK¥JS in the SORP tr Char￿e$ aF>p￿"￿ FRS 102 Uwlate Bulledn 1 not to prepare Statement of Cash Flows. The finan&81 ststernents haN£ departed from ihe chants.trs (Ac(xxJnts 8TrJ Reports) R￿Ula￿on$ 2008 onty to the extent required to provits a true ancl frdir wew. This departure has Involwj follo￿ng the Statement of Rect)mrnerKJed Practi￿ br thanb'es applying FRS 102 ratr*r than the ¥ersK)n ofthe Statement of Recommanded Practice ¥th￿h is rè[pff￿ to in the RgJulations but which has since been witlxlrawn. The financkql staternents are prepar8d in sterfirrfJ, Vth￿h Is the rJj￿enCY ofthe Mon8tary arnounts in thesg financial stat￿ellts a￿ rounded tts Ihe n8arest£ Th& financial staternents have been ￿pared underthe hstoncal ccffjt convenb"on. mtyjffied to includ8 the revalu8b"¢)n of fre8hold prowrbes and to indude investsnent properb"e5 and certain finaTrxl mstrum8nts at fair valw. The tlintspal a¢countiry policies adopted are sel out bdow 3 Accountlng policies The principal accounting poliC￿S adopted in pwarth.on Of1￿ fmalwl statements areset out bèlfm and havè omain￿l unchanged frDm the prevKNJS year. and also ha¥e been con￿Stenty appl*d 7Mthin Ihe sarne xtounts. Basis ofpreparabon The awunts have been pr￿red undw the histtincal Ixjnvenlton as Modif￿ by the revaluation ofcertain fixed assèts. Presentation cunpncy The ac(xJunts are presented in £ 3terfirYJ. Going concem At the time ofapprowrvj Ihe finanual statements, ts Trustees ha¥e a ￿Sonab￿ exrectabon that the thanty has aol4uate resourw to continue In oForational e￿sten￿ for the foreseeable luturg Thu5 Ihe Trn8tees continue to *lopt the going ￿n￿rn b88is of acr#)unting In prep8ring the finanual statements. Charitable ftsnds Unr8stricted funds a￿ available for w atlhe dwebon ofts Trustees in lurtherarte of tt*ir tha￿tab￿ c4'ecli¥es. Restricted funds are subject to specific condthons by dL￿Or$ as to how thgy may t* used. The purposes and uses of the re$trict8d funds ara set out in thè notes to finar￿al statemet)ts Endowment funds are sut¥ect to sFErJfiG Cfy*Yib"orn by dorKJrs that th8 r4Jital must be maintained by the charfty SLOUGH MUSUM TRUST NOTES TOTHEACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 Incomè Incom8 i8 recognised wfien the chanty 15 entiugj to it after any [erf￿rna￿ ¢)JThJrtions have been mrf IIE amounts can bs measuigd reliably. aThJ it is probable that ino)me will bè re￿Ned. Cash dgnabon8 are recognLwJ on re(*ipt Ott￿rd￿j￿rOnS are recognised tsn￿ Ihe charity has notifie(l ofthe donatson, unless p8rfom)ance Cond￿On$ raquire def8rr81 of the amoJnt Income tax rerx)verabk in relation to donatic￿8 recxived under Gitt Aid or daeds ol covenant is retLwJniwJ *the ts.me Oftt￿ donaliorL Legacies are recognised on receipt or othèlwse ifthe charty has nobfied ofan unFending disbi"bubon. arntyjnt is known. and receipt 15 eyeGted. Ifthe ￿noUnt E not knovm. the l&Jacy is treatwj as a conbngènt asset. Expenditure Liabilthes are recognL4ed as resourw expended as soon as therè a kgal or tx)n5truth"ve oblwJ8tDn eornmrtb.ng the charity to the expenditure. All expendrture is acojunted for on an accwaL% basis and has been da8$rf￿ urKler headings that 8￿regate all costs relatsd to thè Category. Charitsbi8 a￿v￿e$ CharItsb￿ expendth1￿ cornpris8s those costs In￿rTed by the charity in Ihe ¢Jelivory oftts acbvityes and se￿￿ for rts beneficiaries.11 Includes bolh thè direct pay and non-pay Ix)st5 and support Costs relating to th0￿ actv£ties. Gr)VeMa￿ costs Governance costs indude those o)sts 85SCtiated rneelmg thg con51rtubonal and statutory requir&nents ofthe charity. and indude its audit feès and lit*ed to th8 StraIry￿ manwjent ofthe chanty Ind￿J1[￿j tnJste8 exFenses. Cash and cash equivalertts Cash and eash equivalents include cash in haNI, deFM)sts heK1 at (xll vfjlh banks, other$hort-temi I￿U￿￿ In￿tments with original matunties ofthree rn￿thS or less, arnl bank fftrdrafts. Bank ovefdrafts are shown *￿In borrO￿n99 in currant Iiabifths. 10- SLOUGH MUSLIM TRUST NOTES TOTHE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 Financial instruments The ¢hanty has e￿cted to ap￿Y Ihe Prov￿10nS ofsethn 11 'Basic Fina￿81 Instrvments. and Sethon 12'(Yher Fin8nck81 Instruments Issues, of FRS 102 to all of rts financial insknjments. Financial IrTr5truments are rec(yJnLsed in the charitys bala1￿ sheet thé chairty becomes p3rty to the contradual provisions of tt)e instwmènt Financial 88sets and liabilrtJ85 a￿ off58t. the net 8rnounts presented in the financial staternents. when thera is a legally enforceable nght to set off the rewnisèd anounts and trwe k% an Intenbon to setua on a rEt basis orto realLse the 85set and the Irability 8imuA8w)usly. Basic finanaal £5sets Basic r Inana81 assets, which Ind￿le debtors and ￿$h and bank balances. ate initially rn8aSU@ at tranSaC￿On pn￿ induding Iransactson costs and are sub5equenUy cAmad at amorbsed lxkst using the eff8cbve interest meth(xY unles5 the arrangement eonstitutes a finan￿￿9 transathon, where the transacb.on LS measure(l at Ihe pre￿t value of the fiJture recèipts disc¢yJnted at a market rate of Interast. Finarn￿al assets dassified as re￿￿3b￿ ￿1n ore are ftot amorbsed Basic finawal ￿8￿lit Basic financial liabil￿e$, indudiro credrtors and bank k)ar6 are initially reccwised *tran5action price unth the an¥ngèment constitutes a finanang transaction. vthe￿ the debt instrument Is measured atttE present vdlue ol tre future payments discounted at a market rate of inte￿L Finaniial liabiltties das$￿1 as Payab￿ wthin on& year are not arnortisad. Dèbt instrurnents are subsequently carried al amorb"s&J usrKJ the effec*¥e irrteresl rate methcKI. Trade creditors are Ct)l￿a￿onS to pay for go(wJs (K SOM￿5 that ha￿ i*en wuire(r in the (xdinary o)utse ol cperatio￿ from sUppl￿r$. Amounts payable a￿ da&8ified as cu(r8nt Iiabilit*s rfpa￿ent ts due orE year or less. If not, they are prèsentèd as non-LMJrrent liabil￿"eS Trade creditors S￿ rwnised in￿"allY at tsansaction pri￿ and subsequenuy measured xt amorti$ed cost using th8 effecbve interesl methc¥J. Oer&oconitson of finanual liabilitres Finan￿￿1 lia￿ll￿.eS are dereccgnised ¥vhen the tharity's contradual oblwJ*"ons exFire or are discharg& or ¢arK¥lbd Tangible fiTxed assets and depr￿latIon Tangible asset5 are Induded at o)st less deprea*"on and irnpaimwnt Dapreoab"on has provided at the followng rats8 in or(ter to wiite off the assets ovèr thair esb"mated usefvl lives." Regarding land & Iwi*Jiry, only the freeholj inprovwt C¥)Sts ha¥e b88n ¢kkwt'at8d as the re$￿Ju?1 Val￿ ofth8 land & buildings is greater than the Pur£*￿ K¥ice hen￿ no depreaab.on is needed Land & buikllrys FI￿r&S & thn95 2% on Straight4ine t 20% on rediKxng balan￿ ba SLOUGH MUSLIM TRUST NOTES TOTHEACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 4 Tanglble fixed assets Land & Fixtures & buildings ffttings Total Cost or valuation Al 1 January 2024 Addrtions At cc6t 1.955,463 At ctst 70,882 26,379 2,026,345 32,179 At 31 D￿mber 2024 1,￿1,263 97.261 Depr•¢lation At l January 2024 Charge for the ye At 31 December 21r24 Net book Value At 31 De¢embgr 2024 2.058,524 27.422 19.092 33.786 23,959 4,867 11.231 46.514 57,745 1.W,032 50.747 At 31 D￿rnber 2023 2.1)00,779 1,949,099 43,460 1,992,559 S Creditors." amounts falling due after more than one y*r 2024 2023 Other cwJrtor3 1.615,612 1,703,749 c￿110￿ Thyude interest free bans by th)di￿dUats aTrJ businesses to ¢**ity to purthase a suit￿￿ pl* ol *vrship. 6 Transactions WFth related partres None of the Trustees lor any ￿r￿orE conneded wrth them) tetsiv&J any remuneration or payment ofexpenses during thè year. 7 Average number of employees Durin9 the yearthe ￿N￿ge numberof emF4oy8es was 012023" 01. 12- SLOUGH MUSLIM TRUST DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 This Schedu16 (kes not fr￿ part of statutory arx)JJnts Income Donations 2024 2023 Admlnlstratrve gxpenses Motor eynses Rates Light arKJ heat Stationery and prith.ng Bank charges IngJr8n Fqepairs and mantenanc Depreciation Advertising and PR Other legal and professj¢m 140.641 69,V28 3.451 3.494 1,937 7.295 2,731 2,519 6.926 18,727 6,107 1,030 23,959 2,524 Operating surplus Surplus for the year 46,933 44,874 93,708 24,954 93.7( 24,954 13.