## **The Lambeth Islamic Academy Report of the Trustees for the year ended 31 March 2023** The trustees present their annual report and unaudited financial statements for the year period ended 31 March 2023 and confirm they comply with the Charities Act 1993, as amended by the Charities Act 2006, the trust deed and the Charities SORP 2005. ## **Reference and Administrative Information** Charity Name Lambeth Islamic Academy Charity Registration Number 1193568 Registered Office St Martins Community Centre, Abbotts Park, London, SW2 3QB Corresponding address 299 Leigham Court Road, Streatham, London, SW16 2RZ ## **Chairman** Nasar Ali ## **Board of Trustees** Abdul Gaffar Khan Islam Bodrul Nizam Uddin Forid Ahmed Joynal Ahmed Syed Kobir Ahmed Mirza Gulam Mahmud Kuti Meah ## **Independent Examiners** SNR Chartered Accountants 9 New Road London E1 1HE ## **Bankers** Barclays **The Lambeth Islamic Academy Report of the Trustees for the year ended 31 March 2023** ## **Structure, governance and management Governing document** The Lambeth Islamic Academy is constituted as a CIO- foundation controlled by trustees and registered on 17 February 2021 under charity number 1193568 ## **Organisation structure** The charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits. The trustees meet together as a body quarterly and are responsible for all decisions taken in relation to running the Mosque and the community facilities and the activities provided by the charity. To assist in the smooth running of the charity, the trustees have a number of different roles in the organisation set up for the finances and for the day-to-day management of the charity. ## **Recruitment and appointment of trustees** The existing trustees are responsible for the recruitment of new trustees but in so doing the trustees seek the views and recommendations of both elders and community leaders. The trustees believe this approach ensures that new trustees are respected members of the faith and local communities and ensures that good relations are fostered between the Mosque and the people of the local community that we serve. In selecting new trustees, we seek to identify people who regularly attend events and functions organised by the charity and are willing to volunteer to help in our broader community work. Potential trustees are invited to attend trustees’ meetings as observers and are given more details of the charity’s aims and activities and, if all agree, they are then proposed as new trustees at the subsequent trustees’ meeting. This process allows due consideration of the person's eligibility, personal competence, specialist knowledge and skills. ## **Induction and training of trustees** Following appointment, new trustees are introduced to their new role and given copies of the trust deed and a guide to the policies and procedures adopted by our charity. A number of publications from the Charity Commission are also provided including the guidance on charities and public benefit and on the advancement of religion for the public benefit. This ensures that new trustees are aware of the scope of their responsibilities under the Charities Act. Initially, new trustees work with an existing trustee assisting on particular activities and projects run by the charity. After satisfactory feedback from existing trustees, they are then given the task of leading a particular activity or project, reporting progress at trustees’ meetings. ## **Risk management** The trustees have assessed the risks the charity faces and have drawn up a risk matrix which identifies the major risks by area of activity. The trustees are satisfied that systems are in place, or arrangements are in hand, to manage the risks that have been identified. ## **Objectives and activities** ## **Our aims** The objects of the charity are set out in the charity’s trust deed and are summarised as follows: The principal aims and objects of the CIO are: to advance the Sunni Islamic Faith in Lambeth for the benefit of the public mainly but not exclusively by the public education of Sunni Islamic teachings and culture through the holding of prayer meetings, lectures, public celebration of Sunni Islamic festivals and producing and distributing literature on Sunni Islam to enlighten others about the Sunni Islamic religion. ## **Our objectives** Our objectives are set to reflect our faith and community aims. Each year our trustees review our objectives and activities to ensure they continue to reflect our aims. In carrying out this review the trustees have considered the Charity Commission’s general guidance on public benefit and in ## **The Lambeth Islamic Academy Report of the Trustees for the year ended 31 March 2023** particular its supplementary public guidance on the advancement of religion for the public benefit. Our dual aims remain to provide a facility where Muslims can worship and to provide a community facility for all the inhabitants of the Lambeth Community. Our long-term ambition is to find a permanent place for worship, to facilitate the academy for peaceful community relations. ## **Strategies** We want to make our Mosque an accessible and welcoming venue where all Muslims, or those who wish to know more about our faith, can gather together to learn about their religion and worship. We are also fortunate to have the Mosque open for the Friday prayers. We are aiming to find a permanent site, with the long term goal of opening for all the daily prayers. ## **Use of volunteers** Volunteers are an important resource in both our faith and community work. Volunteers are involved in most of our faith and community activities. All our trustees also give of their time freely. We encourage all members of our Mosque to be involved in voluntary activities and to share their skills with others. ## **Grant-making policy** Those attending our Mosque have given generously to help us reach our aim of achieving a permanent site. ## **Activities and achievements** ## **How our activities deliver public benefit** The charity carries out a wide range of activities in pursuance of its charitable aims. The trustees consider that these activities, summarised below: _**Prayers:**_ The Mosque is open for Friday prayers, with approximately 70 worshippers who regularly attend Friday prayers. In addition, we hold prayers for the Eid festival. _**Ramadan:**_ The Mosque prepares food during Ramadan for those attending our Mosque who wish to break their fast together. _**Inter-faith dialogue:**_ In the future, we would like to use this platform to promote inter-faith dialogue and social cohesion. ## **Financial review Reserves policy** The trustees have reviewed the reserves of the charity. Their policy is to hold enough funds to meet the operating costs of the Mosque. The trustees also generously contribute to this. ## **Principal funding sources** The charity’s main source of income is through donations from worshippers at Friday prayers. Furthermore, the academy holds frequent fund-raising events throughout the year. ## **Plans for future periods** The community are seeking a permanent site for the academy to allow it to host the daily prayers as well as being hub for the local community. We continue to place great importance on sharing a good understanding of Islam with our nonMuslim neighbors whilst gaining an understanding of their culture and traditions. ## **Statement of Trustees’ responsibilities** The charity trustees are responsible for preparing an annual report and financial statements in **The Lambeth Islamic Academy Report of the Trustees for the year ended 31 March 2023** accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each 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 the 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; 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 to enable them to ensure that the financial statements comply with the Charities Act 1993, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees for the purposes of charity law who served during the year and up to the date of this report are set out on page 1. Approved by the trustees and signed on its behalf by: Nasar Ali (Chair) 23[RD] DECEMBER 2023 Reg181ered number 1193568 Th8 Lambeth Islamic Academy Report and Accounts 31 March 2023 Thè Lamb•th 18lamlc Academy R•port and 8c¢ourtts C¢)ntonts Leqal and admlnistrnlfv• Informaltjn Proffit and1088 a¢￿Unt Belgn¢8 8h88t Notes to the accounts Independent ¢xamln•r'8 r•port The Lambeth knlamlc *x•d•my Prlnclpal alrns and obJ•ellw• The prIncI￿1 and ctiecls w•: k) Ihe P4Jnni Islamr Farfh in Lamb8th for th8 ben8fft 01 th8 PUt4t m*nly but not ox￿￿ety bythe •JucalkJn of s￿￿1 ISI￿nIC ltrad￿n08 and rture thrw*i the ￿dIng of wayar ff*tthigs. le￿￿. of Sunni i51amk fes1v￿8 and pr(MJudng and dlslrfbulkng on &nnl lslwn to ar)1￿ 0th8r8 at￿ul ts Surd)l rellgfjon. The organlsalkjn Is a cl￿ FwndaIb￿ Contro￿ 1rytrw10￿ and rog￿#d on 17 February2021. 1193568 R•ol•t•r•d offlc• St. Marbn8 CommU￿ty Cer•J• bote Pa London SW2 3C8 Ch•lrman on 21.122W20) Tru•t••• j￿al Ahmad Sy•J Kobk Gu￿rn Mat*71ud KU￿ Meah Abdul Gaff•r %h•n l•lam Bodrul NlzBrn Uddkn Fr*trJ Ahmed 21.1220201 (AFpoint•J cffi 21.1220201 (Apwntsd ￿ 21.1220201 {hpFdnbJ on 21.122020) IhwWnt¢(l 28.02.2023) {hppe4nted on 28.02.2023} on 28.022023) IApF*)W on 28.0220231 Indap•nd•nt •x•mln•r SNR Chart¢r•d g Ro#d Lc￿dOTr E1 IHE 8•nk•r rda￿S Profft and Lom Accou For th• y•ar •nd•d 31 PAarch 2023 kncorn• Donallon¥ ExponM• Ac¢ountsncyfo08 Bank ¢hary Cleanlng Computor co Dk•ct Ir*uf8n¢• Other prof••8lcmal f￿8 14.751 35.97T 10 2.835 117 240 6.010 518 Refrnshmtnl R•nt Total •Jwrmo 8.841 10,572 N•t •urplu•l (d•fftlll 7.910 25,405 The Lambeth 151amlc Acadèmy R•glstèr•d numbgr: Balan￿ Sheot As at 31 Mar¢h 2023 1193568 2023 2022 Curr•nta•••¢• Ca8h at bank and in hand 33,875 26,405 Creditorn.. amoun1• falllno dw• wlthln on• y￿r 13801 N•t current a89•ts 33.316 25,405 25 c￿rfty fund• Funds *)Ir Fund8 25,405 7.910 25,405 T+)t•l fvnd• The flnandal •tatem•nts w•r• apF¥ov•J by Ihe Tn*t￿ on 28 Augu•t 2023 and $Ign￿ on th•lr behall, by N•8ar Al (fru8t••l KUO Meah (Tru8t•• Th• Lamb•th hlomic Ac#d#my Not•s to th• Accounls For thg yoar •nd•d 31 March 2023 1 Ae¢ounllno pollcl B•sh of pr•p•rntlon Th8 fi￿n¢[al stgtsments hovg bgen und•r lh• hl8torkal cost ￿vent￿n In accordanc• wSth applkablo aCcoUn￿n9 stand•rds. FundAccounthiq Unroslrfcted fund8 ara ro￿&pl8 gar￿ted frcm donauon end evan18 for th• obl•cts of th• char wlthoui lurthgr ¥p8cmad purp08e aro avallab18 #s g•nwal lund&. Re8M¢lgd frJndE 8r• •ublect to r•8irfcJonB on thelr pa￿￿Onth Impo8ed by ¢ho fvnd8r or through th• t•m)8 of an opp901. R•¢•lpt• All recelpts ar• Indudad In ihe Rece¢pt• and P8ymonts Aceourrt whlch are T￿1¥•1 durfnq Ihe I p8ymgnts ora re￿nI￿d In th• p•thJd In ￿th1¢h they ar• Int>Jrr•d. Ind•p•rKl*nl examlners. report to th• trust•• on p8ge8 2 to 3 s￿1 have been prepwed on e4tyh bffikn. eonslder that #n 4udSt 5s not requ1￿ IwyJgT 88clhJn 144121 of tha Charltss and an I￿Pendent axamlnalhin l& n8odod. wr 6$pOn$￿nty kn.. •) the accrxmts undDr 145 ofthe 2011 A(* bl to lolu¢4 Fyoeedu￿5 W dwi In thg ggn8rn1 dirvthjns gNen tytho Charfty comm1￿￿r• cl to stste thor pgrt**r mattarn h8b* etsneto our attentk)n. of Ind•p•nd•nt •x•nlW• r•pwl Our wmlnauon was Ixrried 04rt In gccudance Iho GeTh*￿ Dir￿ ghf•n by the Charlty Commi88iner8 under lh8 2011 An w*mknall)n Indu(1os • revlew ol the acc￿￿nIng [•￿rdS kopt by the thartty ond a ¢cffip8rison of the accounts w￿nt￿j vhth Ihoge r8oird8. rt 8180 kndudes ￿n8￿￿or8￿c￿ of w)y urvj¢u￿ ftem• or L11sdc*ur88 In Ihe accwnts, arKI 8eeli 0￿￿•nOt￿)n* from th¢ cowK8mlng any ￿ mattern. The tw0c*￿ra8 undertaken do not provlde #ll thè •¥tsJon￿ that v*>Jkl b• rwulr￿l In •n t¥￿88qu￿￿ do wirw8 an audit wlnlon on Ihe accrxmts. Indqp•ffld•nl •xarnln*• •t•tgm In connectlon vAlh ow ey4min8bon, M m•ttw h•s c*yn• kn owthrtk)n: 11 whfeh re8wwtrA8 cau80 to bdlèv• that in Any m•t•r*l re8pectts ￿l￿r•MOn￿.. 81 to keep ￿coun￿Tra recr*d• kn •ttc¥donc* 130 01 tha 2011 A¢(4nd of the 2011 Act and tho Rogulall)n•.' h8¥0 not bgen m81 or 21 kn th. my b• dmm In offdor to pr￿ Lmd8rntarbJlna oftho tr) t* I￿h8￿. SNR Chartored g Now Ro&1, Lcfidc•). E1 1He