AL-SALAM MOSQUE
(A Registered Charity No. 1193962)
Financial Statements for the year ended on 31st May 2024
Independent Examiner
Del & Co. Chartered Management Accountant 277 Anlaby Road Hull, HU3 2SE
AL-SALAM MOSQUE
Contents of the Annual Accounts for the year ended on 31st May 2024
| PAGE | |
|---|---|
| Legal and Administrative Details | 1 |
| Statement of Trustees Responsibilities | 2 |
| Independent Examiner’s Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Accounts | 6-7 |
AL-SALAM MOSQUE Legal and Administrative Details for the year ended on 31st May 2024 Charity Registration No. 1193962 Address 153 Boulevard Hull HU3 3EJ
| Board of Trustee | Name Alagie Modou Njie Mohammaed Imad Hammadeh Palawan Hussein Ahmad Barri Mohammed Nour Hamid |
Position |
|---|---|---|
| Trustee Trustee Trustee Trustee |
Independent Examiner Del & Co. Chartered Management Accountant 277 Anlaby Road Hull, HU3 2SE Bankers Lloyds Bank plc.
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AL-SALAM MOSQUE STATEMENT OF TRUSTEES RESPONSIBILITIES for the year ended on 31st May 2024
The Trustee present their report with the financial statements of the charity for the period ended 31 May 2024. The Trustee have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustee 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, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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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, 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 for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information includedanywhere including on the charity's website.
INDEPENDENT EXAMINER
The Trustee consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the Act 2011) and that an independent examination is needed. As such appointed the following accountancy practising firm as independent examiner-
Del & Co. Chartered Management Accountant 277 Anlaby Road Hull, HU3 2SE, UK
ACHIEVEMENT AND PERFORMANCE 2024
Obtained planning permission from City Council to extend and renew the design of the mosque; fund raising going on for the extension
Raised 36,000 pound so far from the community people to make the building bigger as planned and this process of raising fund is on going.
Daily prayers and Kids learners programme is on going.
With the grace of almighty Allah and support and donations from all over the UK the work is progressing well and the trustee is happy with the way it is managed and thanks all the donars helped during the period.
Signed on 20/11/2024 Alagie Modou Njie Trustee
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AL-SALAM MOSQUE
Independent Examiner's Report to the trustee of
AL-SALAM MOSQUE
I report on the accounts of the Centre for the year ended on 31st May 2024, which comprises the Statement of Financial Activities, the Balance Sheet and the related notes.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The charity’s trustees are responsible for the preparation of the financial statements. The Trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the financial statements under section 145 of the 2011 Act;
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follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER'S REPORT
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a 'true and fair view' and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER'S STATEMENT
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Signed on 20/11/2024
Delwar Hossain ACMA, CGMA CIMA Member in Practice Del & Co. Chartered Management Accountant 277 Anlaby Road Hull, HU3 2SE
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AL-SALAM MOSQUE
STATEMENT OF FINANCIAL ACTIVICTIES
for the year ended on 31st May 2024
| Notes INCOMING RESOURCES Donations & Fees 2 TOTAL INCOMING RESOURCES RESOURCES EXPENDED Charitable Activities Charitable 3 Governance costs 3 TOTAL RESOURCES EXPENDED Net incoming/(outgoing) resources before transfer Transfer between Funds RECONCILIATION OF FUNDS Total funds brought forward Total funds carried forward |
Unrestricted Restricted Total 2024 Total 2023 Funds Funds Funds Funds £ £ £ £ |
|---|---|
| 46,574.01 46,574.01 13,975 |
|
| 46,574.01 - 46,574.01 13,975 10,525.21 10,525.21 9,309 - - 0 |
|
| 10,525.21 - 10,525.21 9,309 36,048.80 - 36,048.80 4,666 - 0 - 0 - 0 - 0 13,573 210,000 223,573 218,907 |
|
| 49,622 210,000 259,622 223,573 |
All recognised income and expenditures are included in the Statement of Financial Activities.
All activities during the above financial period arose from continuing operations.
The accompanying notes are an integral part of these financial statements
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AL-SALAM MOSQUE
Balance Sheet
As at 31st May 2024
| Notes Fixed Assets Tangible Assets 6 TOTAL FIXED ASSETS Current Assets Debtors Cash at Bank and in hand TOTAL CURRENT ASSETS Creditors: Amounts falling due within One Year Creditors Net Current Assets / (Liabilities) Total Assets less Current Liabilities Creditors: Amount falling due after more than One Year Net Assets THE FUNDS OF THE CHARITY Unrestricted funds Restricted TOTAL CHARITY FUNDS |
Unrestricted Restricted Total 2024 Total 2023 Funds Funds Funds Funds £ £ £ £ |
|---|---|
| 210,000 210,000 210,000 |
|
| 0 210,000 210,000 210,000 - - - - 49,622 - 49,622 13,573 |
|
| 49,622 - 49,622 13,573 - - - 49,622 - 49,622 13,573 |
|
| 49,622 210,000 259,622 223,573 - - - - |
|
| 49,622 210,000 259,622 223,573 |
|
| 49,622 49,622 13,573 210,000 210,000 210,000 |
|
| 49,622 210,000 259,622 223,573 |
For the Period ended 31 May 2024 the company was entitled to exemption from audit under section 477 (2) of the Companies Act 2006.
The Trustees acknowledge their responsibilities for:
i) Ensuring that the company keeps accounting records which comply Section 386; and
ii) Preparing accounts which give a true and fair view of the state of affairs of the company as at the end of each financial year, and of its profit or loss for financial year, in accordance with the requirements of Section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as is applicable to the company.
These Accounts have been delivered in accordance with the provisions applicable to companies subject to small companies’ regime.
The financial Statements were approved by the trustees on ….20/11/2024.... and were signed by:
Alagie Modou Njie
Trustee
The notes form part of these accounts
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Notes to the Financial Statements
for the year ended on 31st May 2024
AL-SALAM MOSQUE
Notes to the Accounts
1. ACCOUNTING POLICIES
Accounting Convention
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities SORP 2005.
Income
Income represents the amount receivable during the year.
Charitable expenditure
Charitable expenditure includes all expenditure directly related to the objects of the charity. This includes support costs, which are the staffing and associated costs of supporting, monitoring and evaluating the work of the charity.
Governance Costs
These include the costs related to the general running of the charity as opposed to the direct management function associated with generating funds, service delivery and programme or project work.
Depreciation of Fixed Assets
Depreciation is provided to write off the cost, less any estimated residual value, of all fixed assets over their expected useful life. Assets are capitalised and written off as per the following periods, on a straight line basis:
Equipments- 5 years
Fixtures and Fittings -5 years
Taxation
As a Registered Charity, the income of the charity is exempt under Section 505 of the Income and Corporation Taxes Act 1988. Irrecoverable VAT has been charged to the relevant expenditure headings. As such no taxation has been provided for in the Financial Statements.
FUND ACCOUNTING
The charity maintains the following funds:
Unrestricted Funds
These represent funds which are expendable at the discretion of the Trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.
Restricted Funds
The charity's restricted funds represent grants or donations which are allocated by the donor for specific purposes.
2. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
| Donations Donations in Kind (Building) Friday Collections Membership fees Student Fees Others-HMRC JRS Total Incoming Resources |
Unrestricted Restricted Total 2024 Total 2022 Funds Funds Funds Funds £ £ £ £ |
|---|---|
| 46,574 46,574 21,439 - 200,000 - - - - - - - - |
|
| 46,574 0 46,574 221,439 |
Notes to the Account (continued)
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Notes to the Account (continued)
3. EXPENDITURE ANALYSIS
| 3. EXPENDITURE ANALYSIS | |
|---|---|
| Charitable activities Staffing costs Utilities & water Rent, rates Repairs & Maintenance Cleaning & Waste Management Postage, Printing & Stationeries Building Insurance Miscellaneous/solicitor TOTAL CHARITABLE ACTIVITIES Governance costs Independent Examination & Accounts Annual Report, AGM & Trustee meetings Others TOTAL GOVERNANCE COSTS TOTAL |
Unrestricted Restricted Total 2024 Total 2023 Funds Funds Funds Funds £ £ £ £ |
| 0 0 550 4,767 4,767 2,886 1,026 1,026 0 2,396 2,396 4,534 1,251 1,251 227 0 0 0 603 603 595 482 482 517 |
|
| 10,525 0 10,525 9,309 |
|
| - - |
|
| 0 0 0 0 |
|
| 10,525 0 10,525 9,309 |
4. TRUSTEE/ DIRECTORS REMUNERATION
Trustees received no remuneration during the year;
| 5. STAFF COSTS Wages and salaries Employer's NI contributions Payroll charges 6. TANGIBLE FIXED ASSETS Cost At 01 Jun 2023 Additions Less: Disposals Depreciation At 01 Jun 2023 Charges for the year Total Deprecaition Net Book Value at 31 May 2024 Net Book Value at 31 May 2023 |
2024 2021 £ £ 0 0 0 0 2024 Building £ 210,000 - 210,000 0 0 0 210,000 210,000 |
2023 £ |
|---|---|---|
| 550 | ||
| 550 | ||
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