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2024-09-17-accounts

REGISTERED CHARITY NUMBER: 1194942

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 17 September 2024

for

Abdullah Quilliam Society

Haines Watts Military House 24 Castle Street Chester Cheshire CH1 2DS

Abdullah Quilliam Society

Contents of the Financial Statements for the Year Ended 17 September 2024

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Cash Flow Statement 7
Notes to the Cash Flow Statement 8
Notes to the Financial Statements 9 to 14
Detailed Statement of Financial Activities 15 to 16

Abdullah Quilliam Society

Report of the Trustees for the Year Ended 17 September 2024

The trustees present their report with the financial statements of the charity for the year ended 17 September 2024. 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 Abdullah Quilliam Society (AQS) exists to preserve and promote the historical, cultural, and religious legacy of Britain's first mosque, established in 1887 in Liverpool. Our charitable objectives include the advancement of religion, education, heritage preservation, and community cohesion through inclusive services, programmes, and outreach.

Significant activities

The principal activity of the charity is raising funds to bring back into use the first independent Mosque in England and to establish a Heritage Centre to promote inter-faith dialogue and cultural understanding among all communities.

Public benefit

The Trustees confirm they have carried out the charity’s purposes for the public benefit.

ACHIEVEMENT AND PERFORMANCE Charitable activities

Congregational Services

Friday prayers and daily services have resumed with growing attendance. Due to increased demand, AQS is actively fundraising to acquire 11-12 Brougham Terrace to expand prayer and community space, in addition to our current base at 1-7 Brougham Terrace.

Community Engagement and Education

AQS continued to deliver wide-ranging activities, including:

Ramadhan Programme

We delivered a comprehensive Ramadhan programme. Highlights included Taraweeh prayers led by own imam, Iftar meals, attended by diverse community members. We organised a ifthar event for diverse communities and key decision makers from the city building community cohesion and sending a message of integration through cohesion and civic responsibility.

Fundraising activities

Despite ongoing economic pressures, our fundraising for property acquisition and operational support continued actively. We launched an appeal to purchase 11-12 Brougham Terrace. We encouraged donors/people to give Qard-al-Hasanah (interest-free loans) and Sadaqah donations to meet this goal. We are positive about the outcome.

Page 1

Abdullah Quilliam Society

Report of the Trustees for the Year Ended 17 September 2024

FINANCIAL REVIEW

Risk Management and Reserves policy

It is the responsibility of the Trustees to assess the main risks the Charity is exposed to, particularly those relating to the operations and finances of the trust. The trustees undertake this assessment and ensure that systems are in place to mitigate and manage the Charity's exposure to any major risks.The level of current unrestricted funds is to meet any obligations arising through the operation of the Charity at the current time. The trustees have considered the requirement to maintain free reserves and are satisfied that the Charity has a need to establish free reserves to absorb the major fluctuations in funding received without curtailing its activities. This has currently been calculated to be approximately £10,000 and the trustees are currently seeking further donation.

FUTURE PLANS

Our priorities in the coming year include:

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Structure, Governance and Management

AQS is a charitable incorporated organisation, governed by a Board of Trustees who meet regularly to set strategic direction, review risk, and ensure compliance with the Charity Commission's requirements.

The Trustees review all major risks regularly and ensure appropriate controls are in place. Financial resilience is supported through diversified income streams and careful budgeting. The reserves policy ensures sufficient funds are held to cover core operational costs and emergencies.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1194942

Principal address

8-10 Brougham Terrace West Derby Road Liverpool Merseyside L6 1AE

Trustees

G Khan Dr A Hamid Dr M Ahmed A Masroor Prof R Geaves (resigned 4.7.25) Dr A Q Khattak (appointed 30.9.23)

Independent Examiner

Steven Greensill of Haines Watts (Chester ) Haines Watts Military House 24 Castle Street Chester Cheshire CH1 2DS

Page 2

Abdullah Quilliam Society

Report of the Trustees for the Year Ended 17 September 2024

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ G Khan - Trustee

Page 3

Independent Examiner's Report to the Trustees of Abdullah Quilliam Society

Independent examiner's report to the trustees of Abdullah Quilliam Society

I report to the charity trustees on my examination of the accounts of Abdullah Quilliam Society (the Trust) for the year ended 17 September 2024.

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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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 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.

Steven Greensill of Haines Watts (Chester )

Haines Watts Military House 24 Castle Street Chester Cheshire CH1 2DS

Date: .............................................

Page 4

Abdullah Quilliam Society

Statement of Financial Activities for the Year Ended 17 September 2024

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Investment income
3
Total
EXPENDITURE ON
Raising funds
4
Charitable activities
5
Charitable expenditure
Other
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
15
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Unrestricted
fund
£
578,595
63,178
641,773
129,837
83,663
224,580
438,080
203,693
(145,135)
58,558
(926)
57,632
Restricted
fund
£
-
-
-
-
-
-
-
-
145,135
145,135
1,448,230
1,593,365
17.9.24
Total
funds
£
578,595
63,178
641,773
129,837
83,663
224,580
438,080
203,693
-
203,693
1,447,304
1,650,997
17.9.23
Total
funds
£
294,932
39,138
334,070
95,281
91,714
185,556
372,551
(38,481)
-
(38,481)
1,485,785
1,447,304

The notes form part of these financial statements

Page 5

Abdullah Quilliam Society

Balance Sheet 17 September 2024

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
11
Cash at bank
CREDITORS
Amounts falling due within one year
12
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year
13
NET ASSETS
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS
Unrestricted
fund
£
49,342
-
21,645
21,645
(13,355)
8,290
57,632
-
57,632
Restricted
fund
£
1,726,865
30,000
94,500
124,500
-
124,500
1,851,365
(258,000)
1,593,365
17.9.24
Total
funds
£
1,776,207
30,000
116,145
146,145
(13,355)
132,790
1,908,997
(258,000)
1,650,997
57,632
1,593,365
1,650,997
17.9.23
Total
funds
£
1,631,073
-
47,500
47,500
(20,269)
27,231
1,658,304
(211,000)
1,447,304
(926)
1,448,230
1,447,304

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. G Khan - Trustee

The notes form part of these financial statements

Page 6

Abdullah Quilliam Society

Cash Flow Statement for the Year Ended 17 September 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
Cash flows from financing activities
New loans in year
Loan repayments in year
Net cash provided by/(used in) financing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
2
Cash and cash equivalents at the end of
the reporting period
2
17.9.24
£
182,195
182,195
(153,841)
205
(153,636)
47,000
-
47,000
75,559
40,586
116,145
17.9.23
£
(33,328)
(33,328)
(157,700)
738
(156,962)
-
(4,999)
(4,999)
(195,289)
235,875
40,586

The notes form part of these financial statements

Page 7

Abdullah Quilliam Society

Notes to the Cash Flow Statement for the Year Ended 17 September 2024

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Increase in debtors
Increase in creditors
Net cash provided by/(used in) operations
2.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one year
Total cash and cash equivalents
3.
ANALYSIS OF CHANGES IN NET DEBT
17.9.24
£
203,693
8,707
(205)
(30,000)
-
182,195
17.9.24
£
116,145
-
116,145
17.9.23
£
(38,481)
3,413
(738)
-
2,478
(33,328)
17.9.23
£
47,500
(6,914)
40,586
At 18.9.23 Cash flow At 17.9.24
£ £ £
Net cash
Cash at bank 47,500 68,645 116,145
Bank overdraft (6,914) 6,914 -
40,586 75,559 116,145
Debt
Debts falling due after 1 year (211,000) (47,000) (258,000)
(211,000) (47,000) (258,000)
Total (170,414) 28,559 (141,855)

The notes form part of these financial statements

Page 8

Abdullah Quilliam Society

Notes to the Financial Statements for the Year Ended 17 September 2024

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.

Plant and machinery - 15% on reducing balance

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. DONATIONS AND LEGACIES

Donations
Grants
Grants received, included in the above, are as follows:
Grants received
17.9.24
£
570,933
7,662
578,595
17.9.24
£
7,662
17.9.23
£
287,908
7,024
294,932
17.9.23
£
7,024

continued...

Page 9

Abdullah Quilliam Society

Notes to the Financial Statements - continued for the Year Ended 17 September 2024

3. INVESTMENT INCOME

Rents received
Deposit account interest
RAISING FUNDS
Raising donations and legacies
Cleaners
Advertising
Travel
CHARITABLE ACTIVITIES COSTS
Charitable expenditure
17.9.24
£
62,973
205
63,178
17.9.24
£
6,489
118,895
4,453
129,837
17.9.23
£
38,400
738
39,138
17.9.23
£
3,682
80,782
10,817
95,281
Direct
Costs
£
83,663

4. RAISING FUNDS

5. CHARITABLE ACTIVITIES COSTS

6. SUPPORT COSTS

SUPPORT COSTS
Finance
and
operating IT &
Management costs Communications Totals
£ £ £ £
Other resources expended 90,514 132,265 1,801 224,580

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 17 September 2024 nor for the year ended 17 September 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 17 September 2024 nor for the year ended 17 September 2023.

continued...

Page 10

Abdullah Quilliam Society

Notes to the Financial Statements - continued for the Year Ended 17 September 2024

8.
STAFF COSTS
Wages and salaries
Social security costs
The average monthly number of employees during the year was as follows:
No employees received emoluments in excess of £60,000.
9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
294,932
Investment income
39,138
Total
334,070
EXPENDITURE ON
Raising funds
95,281
Charitable activities
Charitable expenditure
91,714
Other
185,556
Total
372,551
NET INCOME/(EXPENDITURE)
(38,481)
Transfers between funds
(150,550)
Net movement in funds
(189,031)
RECONCILIATION OF FUNDS
Total funds brought forward
188,105
TOTAL FUNDS CARRIED FORWARD
(926)

continued...

Page 11

Abdullah Quilliam Society

Notes to the Financial Statements - continued for the Year Ended 17 September 2024

10.
TANGIBLE FIXED ASSETS
Freehold
Plant and
property
machinery
£
£
COST
At 18 September 2023
1,611,730
22,757
Additions
115,135
38,706
At 17 September 2024
1,726,865
61,463
DEPRECIATION
At 18 September 2023
-
3,414
Charge for year
-
8,707
At 17 September 2024
-
12,121
NET BOOK VALUE
At 17 September 2024
1,726,865
49,342
At 17 September 2023
1,611,730
19,343
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
17.9.24
£
Other debtors
30,000
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
17.9.24
£
Bank loans and overdrafts (see note 14)
-
Taxation and social security
247
Other creditors
13,108
13,355
13.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
17.9.24
£
Other creditors
258,000
14.
LOANS
An analysis of the maturity of loans is given below:
17.9.24
£
Amounts falling due within one year on demand:
Bank overdrafts
-
Amounts falling between one and two years:
Other loans - 1-2 years
258,000
Totals
£
1,634,487
153,841
Totals
£
1,634,487
153,841
1,788,328
3,414
8,707
12,121
1,776,207
1,631,073
17.9.23
£
-
17.9.23
£
6,914
247
13,108
20,269
17.9.23
£
211,000
17.9.23
£
6,914
211,000

continued...

Page 12

Abdullah Quilliam Society

Notes to the Financial Statements - continued for the Year Ended 17 September 2024

15. MOVEMENT IN FUNDS

Net
At
movement
18.9.23
in funds
£
£
Unrestricted funds
General fund
(926)
203,693
Restricted funds
Restricted funds
1,448,230
-
TOTAL FUNDS
1,447,304
203,693
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
641,773
TOTAL FUNDS
641,773
Comparatives for movement in funds
Net
At
movement
18.9.22
in funds
£
£
Unrestricted funds
General fund
188,105
(38,481)
Restricted funds
Restricted funds
1,297,680
-
TOTAL FUNDS
1,485,785
(38,481)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
334,070
TOTAL FUNDS
334,070
Transfers
between
funds
£
(145,135)
145,135
-
Resources
expended
£
(438,080)
(438,080)
Transfers
between
funds
£
(150,550)
150,550
-
Resources
expended
£
(372,551)
(372,551)
At
17.9.24
£
57,632
1,593,365
1,650,997
Movement
in funds
£
203,693
203,693
At
17.9.23
£
(926)
1,448,230
1,447,304
Movement
in funds
£
(38,481)
(38,481)

continued...

Page 13

Abdullah Quilliam Society

Notes to the Financial Statements - continued for the Year Ended 17 September 2024

15. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Restricted funds
TOTAL FUNDS
At
18.9.22
£
188,105
1,297,680
1,485,785
Net
movement
in funds
£
165,212
-
165,212
Transfers
between
funds
£
(295,685)
295,685
-
At
17.9.24
£
57,632
1,593,365
1,650,997

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
16.
RELATED PARTY DISCLOSURES
Incoming
resources
£
975,843
975,843
Resources
Movement
expended
in funds
£
£
(810,631)
165,212
(810,631)
165,212
Resources
Movement
expended
in funds
£
£
(810,631)
165,212
(810,631)
165,212
165,212

There were no related party transactions for the year ended 17 September 2024.

Page 14

Abdullah Quilliam Society

Detailed Statement of Financial Activities
for the Year Ended 17 September 2024
17.9.24 17.9.23
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 570,933 287,908
Grants 7,662 7,024
578,595 294,932
Investment income
Rents received 62,973 38,400
Deposit account interest 205 738
63,178 39,138
Total incoming resources 641,773 334,070
EXPENDITURE
Raising donations and legacies
Cleaners 6,489 3,682
Advertising 118,895 80,782
Travel 4,453 10,817
129,837 95,281
Charitable activities
Ramadan and charitable costs 31,386 47,931
Services, Imams etc 22,546 18,136
Donations 29,731 25,647
83,663 91,714
Support costs
Management
Wages 76,843 39,452
Honoraria 4,964 16,800
Depreciation of tangible and heritage assets 8,707 3,413
90,514 59,665
Finance and operating costs
Other Utilities 27,330 33,270
Insurance 2,177 2,020
Light and heat 65,033 70,646
Postage and stationery - 1
Bank charges 5,366 2,606
Accounting and legal fees 2,946 2,838
Repairs and renewals 17,902 10,115
Professional fees 11,511 -
132,265 121,496

This page does not form part of the statutory financial statements

Page 15

Abdullah Quilliam Society

Detailed Statement of Financial Activities for the Year Ended 17 September 2024

17.9.24 17.9.23
£ £
Finance and operating costs
IT & Communications
Telephone 1,801 4,395
Total resources expended 438,080 372,551
Net income/(expenditure) 203,693 (38,481)

This page does not form part of the statutory financial statements

Page 16