MAHMUD 5ABIR MASJID Charity No. 1197269 Tru5tees' Report and Unaudlted Accounts 31 December 2024
MAHMLID SABIR MASJID Contents Pages 2to3 Trustees. Annual Report Independent Examinerfs Report Statement of Finanoal Artivities Balance Sheet Statement of Cash flows 14 Notes to the Accounts 7t013 Detailed Statement of Flnandal Actlvlties 15to16 Page I
MAHMUD SABIR MASJIO Trustees Annual Report The trustees present thelr report with the unaudited financial statements of the charity for the year ended 31 December 2024. REFERENCE AND ADMINISTRATIVE DETAILS Crity No. 1197269 Prlndpal Offl 1226 Warwick Road Acocks green Bimiingham West Midlands B27 6PL Trustees The followlng trustees served during the year: Feroz Taib Mohammed Ahmed Mohammed Miah Key Mana8ement Personnel Chair Accountants Mohammed Ahmed Clark & Deen Taxpro Llmited Suite D, Benson House 98 - 104 Lombard Street 8irmin8ham 812 OQR Bankers Barclays Bank Lelcester LE87 2BB OBJECTIVES AND AcrivmES The purpose of the charlty as set out in Its governln8 document Is to advance the Islamic faith for the benefit of the public. mainly but not exclusively In Blmilngham, Includlng holdlng prayer meetings, lectu5, celebrating relegious festivals, an(i or8anising and providing reliigous learnin& spiritual 8uidance, pastoral are and producin8 or distributing literature and about the Islamlc faSth. The main activities undertaken in relation the objective5 during the year were that of provlslon of religlous servi, advancement of youth education and activitles, relievlng poverty locally and worldwide. protectlng the environment and community development projerts to Improve people's Ilves. FINANCIAL REVIEW Durin8 the year to 31st December 2024, the Charity received £247,817 as donations, compared to previous year's £165,181 Page 2
MAHMUD SABIR MASJID Trustees Annual Report Statement of trustees, responsibilltles In relation to the financial statements The charity trustees are responsible for preparing a trustees, annual report and financial statements In aceor(lante with applicable law and United Kingdom Accounting Standards Iuntted Kingdom General Accepted Accountlng Practice). The trustees are responsible for keeplng proper accounting records that disclose with reasonable accuracy at any time the financial position of the charlty and to enable them to ensure that the financial statements comply with the Charities Act 2011, the appllcable Chartties (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responslble for safeguardlng the assets of the chartty and hence taking reasonable steps for the preventlon an(1 (letectlon of fraud and other irregularities. Si8ned on behalf of the charlty's trustees Mohammed Ahmed Trustee 31st October 2025 Page 3
MAHMUD SABIR MASJID Independent Examiners Report Independent Examlner's Report to the trustees of MAHMUD SABIR MASJID I report to the trustees on my examination of the financial statements of MAHMUD SABIR MASJID for the vear ended 31 December 2024. Responsibilities and basis ot ieport As the chartty's trustees you are responsSble for the preparatlon of the flnanclal statements in accordance with the reqU1MentS of the Charf(ies Act 20111'the Act'l. I report In respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applitable Directions given by the Charlty Commission under section 14515llbl of the Act. Independent examlner's statement I have completed my examination. I can confirm that no material matters have come to my attention in connection wlth the examination giving me cause to believe that in any material respect.. the accounting records were not kept In respect of the charity ès required by section 130 of the Act: or the financial statements do not accord with those records; or • the financial statements do not comply with the applicable reqU1MentS concerning the form and content of financial statements set out in the Charities IA¢counts and Reports) Regulations 2008 other than any requirement that the financial statements give a Irue and fair, view which is not a matter considered as part of an independent exarnination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn In thls report In order to enable a proper ursderstanding of the financial statements to be aChed. Clark & Deen Taxpro Limited Suite D, Benson House 98- 104 Lombard Street Bimiingham B12 CQR 3151 October 2025 Page 4
MAHMUD SA81R MASJID Statement of Financial Artivities for the year ended 31 December 2024 Unrestrirted funds Restrlrted nds Totsl funds Total funds 2024 2024 2024 2023 Notes Income and endowments from.. Donations and legacies Charitable artivities Other 187.473 53,346 6,998 187.473 53,346 6,998 132,066 26,897 6,218 Total 247,817 247,817 165,181 Expenditure on: Charltable activltles Other 206,176 23.529 206,176 23.529 124,687 19,4C(I Total 229,705 229,705 144,087 Net galns on Investments Net income 18,112 18,112 21.094 Transfers between fund5 Net Income before other galnslllossesl 18,112 18,112 21,094 Other 8ains and losses Net movement In fvnds 18,112 18.112 21,094 Reconclllatlon of fvnds: Total funds brought foDNard 90,256 ,256 69,163 Total funds carried forward 18,112 90,256 108,368 90,257 Pa8e 5
MAHMUD SABIR MASJID Balance Sheet at 31 December 2024 Charlty No. 1197269 2024 2023 Fixed assets Tangible assets io 6,706 6,706 7,253 7,253 Current assets Cash at b8nk and in hand 105,212 105,212 13,5501 101.662 84,204 84,204 11,2LKJI 83.CQ4 Creditors: Amount fallin8 due within one year Net current assets li T¢)tsl assets less current Ilabllltles 108,368 90,257 Net assets exduding pension asset or liabilitv 108,368 90,257 Total net assets 108,368 90,257 The funds of the charlty Restrfcted funds Restricted income fund5 12 SY),256 90,256 90,256 90,256 Unrestrirted funds General funds 12 18,112 18.112 Reserves 12 Totsl funds 108,368 90,256 Approved by the trustees on 31 December 2024 And signed on their behalf by: me Trustee 31st October 2025 Page 6
MAHMUD SABIR MASJID Notes to the Accounts for the year ended 31 December 2024 l A¢¢ountin8 poliaes Basls of preparatlon The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts In accord3nce wlth the Financlal Reporting Standard applicable in the UK and Republic rf Ireland IFRS 1021 issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republlc of Ireland IFRS 1021 and the Charities Act 2011. Change In basls of ac¢ountlng or to prevlous accounts There has been no change to the accounting policies (valuation njles and method of accountlngl slnce last year and no chan8es have been made to accounts for previous years. Fund accountlng Unrestricted funds These are available for use at the distretlon of the trustees in furtherance of the general objerts of the charity. These are unrestricted funds eamiarked by the trustees for particular purposes. These are unrestricted funds which include a valUation reserve representing the statement of investment assets at thelr market values. These are available for use subject to restrictlons imposed by the donor or through terms of an appeal. Designated fvnds Revaluation fund5 Restricted funds Income Recognition of income Income Is included in the Statement of Financlal Acllvlties ISOFAI when the charlty becomes entitled to, and virtually certain to recelve, the Income and the amount of the irttome tan be measured with sufflcient reliabllity. Income with related Where income has related expenditure the Income and related expendlture Is expenditure reported gr055 in the SOFA. Donatlons and legacies Voluntary income received by way of grants, donation5 and 8ift5 is included in the the SOFA when receivable and only when the Charity has uncondltlonal entttlement to ihe income. Tax reclaims on Income from tax reclaims is included in the SOFA at the sème tlme as the donations and gifts 8ift/donation to which it relates. Donated services These are only included in income Iwith an equNalent amount in expenditure) and facilities where the benefit to the Charity Is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help recelved is not included in the accounts. Investment income Thls Is included in the accounts when receivable. Gains/llossesl on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gainslllossesl on Investment assets This Includes any gain or loss on the Sale of investments. Page 7
MAHMUD SABIR MASJID Note5 to the Accounts Expendlture Recognition of expenditure Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expendlture on These comprise the costs assoclated with attracting voluntary income, fundraislng raislng funds tradlng costs and investment management Costs. Expenditvre on These comprise the costs incurred by the Charity in the delivery of its activities and charitable artivities seNices in the furtherance of ris objects, including the making of 8rants and governance c05ts. All grant expendtture is accounted for on an actual paid ba515 plu5 an accrual for grants that have been approved by the trustee5 at the end of the year but not yet paid. These include those costs associated with meeting the constitutional and statutory requirements of the Charity* including any auditlindependent examination fees, COSts linked to the strategic management of the Charityj together with a Share of other adminlstratlon costs. These are support costs not allocated to a particular activlty. Grants payable Governance costs Other expenditure Taxation The charlty is exempt from tsx on Its charltable actlvitles. Freehold investment property Investment properties are measured inltlally at cost and subsequently at falr value at each balance sheet date and are not depreciated. All Ealns or losses are taken to the Statement of Financial Activities as they arise. Stixks Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. Trade and other debtors Trade and other debtors are recogni5ed at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade dlscounts due. Cash and cash equlvalents Cash and cash equivalents comprise cash at bank and on hand, demand deposit5 With banks and other short-temi highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial p05f(ion, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Trade and other Credltors Short term creditors are measured at the transaction price. Other creditors and provisions are reco8nised where the charity has a present obligation resulting from a past event that will probably resuft in ihe transfer of funds to 8 third party and the amount due to settle the obligatlon can be measured or estlmated reliably. Credr(ors and provisions are normally recognised at their Settlement amount after allowlng for any trade discounts due. Page 8
MAHMUD SABIR MASJID Notes to the Actounts Research and development Expenditure on research and development is written off in the year in which Is incurred. Forei8n currencles Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevalllng at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the dale that the transaction occurred. All exchange drffences are are taken into account in arriving at net income/expenditure. Leased assets Where the charity enters into a lease which entails taking substantially all the risks and reward5 of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classrfied a5 operating leases. Assets held under finance leases are initially recognised as assets of the charlty at thelr falr value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liabilty to the lessor Is included In the balance sheet date as a finance lease obligation. Lease payments are apportioned between flnance expenses and reduction of the lease obligation so as to achieve a constant rate of Interest on the remainlng balance of the liability. Finance expenses are recognised immediately, unless they are dirertly attributable to qualifying asset5, in which case they are capltalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a 5traight-line basis over the lease term. In the event that lease incentives are received to enter Into operating leases, such incentives are recogni5ed as a liability. The a88regate benefft of Incentive5 is recognised as a reduction of rental expense on è straight-llne basls. Penslon Costs The charity operates a defined contribution plan for its ernployees. A defined contribution plan is a pension plan under whlch the charity pays flxed contributions Into a separate entlty. Once the contributions have been paid the charity has no further payments obllgations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals In the balance sheet. The assets of the plan are held separately from the charity In Independently admlnlstered funds. Receipt of donated zoods, faciltties and seThices All donated goods, facllltie5 and services received are reco8nised wlthln Incomlng resources and expenditure at an estimate of the value to the charity. Page 9
MAHMUD SABIR MASJID Notes to the Accounts 2 Ststement of Financial Activities- prior year Unrestrirted funds Restrlrted funds Total funds 2023 2023 2023 Income and endowments from: Donations and legacies Charitable artivitie5 Other 132,066 26,897 6,218 132,066 26.897 6.218 Total 165,181 165,181 Expendlture on: Charitable activitles 124,687 124,687 19,400 Other 19,400 Totsl 144,087 144,087 Net income 21,094 21,094 Net income before other 8ainsl(losses) Other Bains and losses: Net movement in furMIs 21,094 21,094 21,094 21,094 Re¢on¢iliation of funds: Total funds brou8ht forward Total funds carrled tOard 69,163 69,163 21,C194 69,163 90,257 3 Income from donatlons and le8acies Unrestrirted Total Total 2024 2023 Kenya Pakistan Flood 106,534 20,798 60,141 187,473 106,534 20,798 60,141 187,473 78,207 19,732 34,127 132,066 General Donations 4 Income from charltable actIvleS Unrestrirted Totsl Total 2024 2023 Overseas emergency fund 53,346 53,346 53,346 53,346 26,897 26,897 Page 10
MAHMUD SABIR MASJID Notes to the Accounts 5 Other income Unrestricted Totsl 2024 Totsl 2023 Youth Project Bank Interest Received 6.915 83 6,915 6.195 6,998 6,998 6,218 6 Expenditurn on tharitsble a¢tlvltle$ Unrestricted Total Total 2023 Z024 Expenditure on charitable ¢7Ctivities Hadiya To Speakers Kenya- pastoral and educatlon 2.305 2,305 4.751 67,596 67,596 77.631 Overseas emer8ency fund 129,839 6,436 129,839 6.436 42,305 Govemonce costs 206,176 206,176 124,687 7 Other expendlture Unrestricted Totsl T4)ts1 2024 2023 Consumables 1,411 1,411 4,049 647 iftaar food Youth Club Payments Employee costs Motor and travel costs 1,362 6,545 1,362 6,545 664 4,540 3.1 pmISeS costs Amortlsation, depreciation, impairment, proPit/loss on disposal of fixed assets General admlnlstratlve costs 2,851 2,851 32 1,677 1,677 1,813 7,819 1,200 23,529 7,819 1,2C(J 23,529 3,879 1,250 19,400 Legal and professlonal costs 8 Net Income before transfers 2024 2023 This Is stated after charging.. Depreciation of owned fixed assets 1,677 1813 Pa8e 11
MAHMUD SABIR MASJID Notes to the Ac(¢unts 9 Staff costs 2024 6,545 6,545 2023 3,190 3,190 Salarles and wages No employee recelved emoluments in excess of £60,000. 10 TanBible fixed assets Cost or revaluation At ljanuary 2024 Addltions At 31 December 2024 Depreclatlon and Impairment At l January 2024 Depreciatlon charge for the year At 31 December 2024 10,020 1,130 11,150 10,020 1,130 11.150 2,767 2,767 1,677 1,677 Net ljook values At 31 December 2024 At 31 December 2023 li Credltors: amounts falling due wf(hin one year 6,706 7.253 6,706 7,253 2024 2023 Other taxes and social security Other creditors Accruals 71 1,079 2,400 3,550 1,2 1.2 Page 12
MAHMUD SABIR MASJID Notes to the Accounts 12 Miwement In funds Incoming resources At31 December 2024 {includin8 other At l January 8alnsllosses 2024 Resources expended Restrfrted funds: Restrfcted Income funds: Kenya 90,256 90,256 Total 90.256 90,256 Unrestrlrted funds: Geneial funds 247,817 1229,7051 18,112 Total funds 90,256 247,817 1229,7051 108,368 Purposes and Yestrictions in relation to the funds: Restricted funds.. Kenya Education and pastoral care 13 Analysis of net assets between fund5 Unrestrfrted funds Restricted funds Tolal Fixed assets Net current assets 6,706 96,371 103,077 6,706 101,662 108,368 5,291 5,291 14 Re¢on¢iliation of net debt At31 December At l JaTrvary 2024 Cash flows 2024 Cash and cash equivalents 84,204 84,204 21,008 21,008 105.212 105,212 Net debt 84.204 21,(M18 105,212 Page 13
fvIAHMUD SABIR MASJID ststement of Cash flows for the year ended 31 0¢mber 2024 2024 2023 Cash flows from operating attivitles Net income per Statement of Flnanclal Actlvltles 18.112 21,094 Adjustments for: Depreclatlon of property, plant and equlpment Dividends, interest and rents from investments Increase/lDecreasel in trade and other payables 1,677 {6,9981 2,350 1,813 16,2181 18001 Net cash provided by operating activities 15,141 15.889 Cash flows from Investlng actlvltSes Payments for property, plant and equlpment Dividends, interest and rents from Investments 11,1301 6,998 15,2511 6,218 Net cash from Investlng artlvltles 5,868 967 Net cash from financing activit*s Net increase in cash and cash equivalents 21,¢YJ9 16.856 Cash and ¢a5h equivalents at the beginning of th¢ year 84.204 67.348 Cash and cash equlvalents at the end of the year 105,213 84,204 Components of cash and tash equlvalents Cash and bank balances 105,212 84.204 105,212 84,204 Page 14
MAHMUD SABIR MASJID Detailed Statement of fin•ncl•l Actlvltles for the year ended 31 December 2024 Unrestrlrte d funds 2024 Totol funds Totsl funds 2024 2023 2024 Income and endowments from: Donation5 and legacies Kenya Paklstan Flood General Donatlons 106,534 20,798 60,141 187.473 106,534 20,798 60,141 187,473 78.207 19.732 34,127 132.066 Charitable activities Overseas emergency fund 53,346 53.346 53,346 53,346 26,897 26,897 Other Youth Project 8ank Interest Received 6.915 83 6,915 83 6.195 23 6,998 6,998 6,218 Totsl income and endowments 247.817 247,817 165,181 Expenditure on: Charitable activities Hadlya To Speakers Kenya- pastoral and educatlon Overseas emergency fund 2.305 67.596 129,839 6,436 206,176 2,305 67,596 129,839 6,436 206,176 4,751 77,631 42,305 124,687 Totsl of expendlture on charitsble artivitles 206,176 206,176 124,687 Other expenditure Consumables lftaar food Youth Club Payments 1,411 1,411 4,049 647 4,540 9,236 1,362 2,773 1,362 2,773 Employee costs Salarieslwa8es 6,545 6,545 6,545 6,545 3,190 3,190 Motor and travel costs Travel and subslstence 664 664 664 664 Premlses costs Premises repairs and malntenance 2,851 2,851 32 2,851 2.851 32 Page 15
MAHMUD SABIR MASJID Detailed Statement of Flnanclal A¢tlvltles General administrative costs, includlnB depreciation and amortisation Depreciation of Bank charges Equipment leasing and hire charges General insurance5 Software, IT support and related costs 1,677 1,320 1.677 1.320 1,813 769 ICK) 2.514 433 433 381 38 38 Stationery and printin8 Sundry èxpenses Telephone, fax and broadband 79 5,724 125 79 5.724 125 190 18 9.496 9,496 5,692 Legal an(1 professional costs Audit/lndependent examlnatlon fees Accountancy and bookkeeping 1,2rxi 1,2(X) 1,200 50 1,2C 1,2 1,250 Total of expendlture of other costs Total expenditure 23,529 23,529 19,400 229.705 229,705 144,087 Net gains on investments Net income 18,112 18,112 21,094 Net income before other Bainslllosses) Other Gains 18.112 18,112 21,094 r+lel movement in funds 18,112 18.112 21.094 Reconclllatlon of funds: Total funds brought forward 90,256 Sfl,256 69,163 Total funds cairled forward 18,112 90,256 108,368 90,257 Page 16