Charlty regisrrdtion number.. 1197956 DAR AL-ISLAM CENTRE TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
Dar Al-Islam Centre Contents Pago Truste&, Report Independent Examiner's Report ststement of Financlal Attivltyes Comparative StatemeAt of Financial Attivtties Statement of Financial Posltlon Note5 to the Finandal Statements 10-16 The followlng pages do not form part of the ststutory atcounts.. Oetailed Statement of Financial Attivities 17
Dar Al-Islam Centre Trustees. Report For The Year Ended 28 February 2025 The twstees present their report and the financ*al statements for the year ended 28 February 2025. ObJoctlv•s and Actlvities Alms and ObSettive$ The cent s charitable objects, as stated in its constitution, are: To advance the 1[910 of Islam tn accordan with the tenets of the Shia Ithna-Ashari faith through worship, relioious education, and community support. To advance educatlon, partlcularly Islamic teachings. through classes, lettures, and related programmes. In shaping the Centres athvSties for the year. the tnJstees have had regartj to the Cbarity Comrnission's guidance on public benefit. Publlc Benefit Dar Al-151am Centre provides clear and demonstrable public benefit through a wide range of rejigious, edycational, social, and community-focused services that are accessible to people of all ages and backgrounds. These indude.. • Regular rellgious servlces such as Friday pRyers, supplicatlons, and major Islamlc commemoratlons, ell offered openly to the community withtsut charge. Educational ProgMMeS delSvered through the Quran School, Dar Academy dasses, rellglous lectures, and strurtured leamlng for new Musllms pparIng for the Shahada. Pastoral guldance and accessible religTOUS advice through the Ask the SchOr online platform, enabling individuals to seek confidential spiritual support from any location. Llfe-cyde religious services including Nikah ceremonies, marr(age preparatlon and counselling, mèrrlage document confirmation, Ghusl for the deceased, and support for bereavement. Programmes that promote soaal coheslon and personal wellbeing, suth as Mummy an¢J Mei youth football, klckboxing sesslons, women's falth groups, community gathering5, and accessible events for dlsabled Indlvlduals. Support for new Musllms Irevertsl through dedlcated coffee momings, mentoring, and integratlon support that foste belonging and spiritual stability. Provision of Pdcilitles and resources. including a communlty-accessible library and venue hire for approprtate educatlonal and cultural purposes. Inclusive interfaith and outreach activitles, such as the Ramadan '8rSng Your Non-muslim Frlend- iftar. whlch enhances community understanding and dialogue. By offering these wide-ranging ServiS, many of which are free or heavily subsldised, Dar Al-Islam Centre ensures that spimtual guidance, educatlon, communlty SUPPOrt, and pastoftl Ca are available to the public regardless of financial means. These artivities advance the charity's purposes and deliver clear, identifiable benefit to the wider community The tru5tee5 conflrm that they have complied with the requirements of Sectlon 17 of the Charities Act 2011 to have due regard to the Charity Commi55i0n's guidance on publlc benefit. Achievements Performance Main Achievemettts During the reporting year, Dar Ai-lslarn Centre cOnnUed to grow as a vibrant and trusted hub for worshlp, educatlon, community support, and personal developETient. The Centre delivered a broad programme of religlous, educational, and social aeiivities that furthe its charitable alms and strengthened its service to the community. RelTglou9 & Spirial Services The Centre malntained a full calendar of spritUal 8ttlvlties th3t supported rellglous prattlce and nurtured falth.. Weekly Frlday prayers and regular congregational worship. Introduction of Dua Kumail gatherings every Thursday evening from October 2024. Prograrnmes throughout the 151amic calendar year, including Ramadan Irtars, the Interfalth"8rlng Your Non-muslim Frlend- iftar. Eid prayers, Muharram malalis, and commemontion5 of the blrths and deaths of the AhlulBayt lal. Availability of Schola for religious guidanTr, pastoral support, and communlty leadership across all rnalor events. ..CONTINUED Page I
Dar Al-Islam Centre Trustees, Report (continued) For The Year Ended 28 February 2025 Main Achiev*mènts- rontlnued These services deepened spiritual engagement and stren9thened collectlve rellglous Identity. Educatlon & Rtligiou$ Guidance Education remained cethl to the Centre s mission.. The Quran School provided structu learning for both adults and children. Dar Academy offered Tslamic studies cl8$5e5 and educational programmes throughout the year. The Reverts Network provided mentrirlng, coffee mornings, and foundaLitsnal guidance to new Muslims. The Centre oversaw imporcant rellgiou5 rites Induding Nikah cerernonles, marriage dowment confirmatlons, Ghusl for the deceased, and Shahada declarations. The Ask the Scholar online service allowed cornmunlty members to submlt quesonS and recelve tlmely religlous guidance, increasing acttssibility for those unable to attend in person. The library and book-lending services continued to support Islamlc learnSng and research. These activities advanced religlous understandlng and ensured the cornmunity had contlnuous access to trusted splrltual support. Community, Family & Soclal Support The Centre provlded a wekoming envsrontnent that supported familles. youth, and Individuals: The Centre hosted weddings, famlly mllestones, and celebratory gatherings. The weeY Mummy and Me programtne offered a supportive space for mothers and toddlers. Women's dlscusslon clrcles for those in their 20$ promoted personal reflection, faith learnlng, and emotlonal wellbelng. Boys, football sessions encouraged teamwork. friendshlp, and healthy recreatS9n. The cent organised Oarmatch, a dignified, faith-based matchmaking event for slngle Indivlduals. Dedicateij community events enSUtt disabled indlvlduals We in¢lvded and supported. These programmes strengthened social cohesion and supported the wellbeing of families and Indivlduals. Health & Wellbelng To promote phys4cal and mental wellbeing= Men's kickboxing sessions were introduced twite week]y frorn January 2025, offering exerclse, disclpllne, and posltive routlnes wlthln an Islamlc eDvironmenr. Spirltual Development Beyond the Centre, • In October 2024, Dar Al-lslam Centre organised and guided an Umrah trfp, providing attendees with spiritual enrichment, communal worship. and deeper engagement with thelr faith. Facllltles, Digital AC55 & OUtaCh, The Centre continued to provide venue hire for apprLTrpriate communityi cultttral, ènd edutiOnal activities. Online platForms IInstragTrm. Youtube, websltel and cllgital comrnunication allowed the publlc to access event Information. book services and obtain religious guidance. • The Centre maintalned a welcomlng envlronment for both Muslims and non-muslims, reflected In Its programrnlng and community ethos. Summary of Impaet Across the year, D¥r Al-lslam Centre s advltles- Strengthened spiritual and religious understsnding Supported famllles and Individuals at key life rnornents Fostered rornmunity cohesion. inclusion, and wellbeing Provided education and guldance through diverse programm Offeod accesslble support to new Muslims Promored physlcal, ernotional, arntS social wellbeing Together, these achievements demonstrate the Centre s contlnued growth and Its me3ningful contributitsn to the communlty. FTnandal Ravlew Page 2
Dar Al-Islam Centre Trustees, Report (continued) For The Year Ended 28 February 2025 Flnan¢lal Posltlon The charity's total Income for the year was £295,045, primarily from corfimunlty donations and programme fees. Total expenditure was £253,809, dlrected towards delIVen9 rellgious serviees, community programmes, venue rnalntenan, and charitable acbvilies. The trustees consSder the financial positlon sat15fartory und continue to monltor Income and expendlture closely to ensure lono-term sustalnability. During the independent examination for these accounts, It was identified that a freehold property acquired on 7th Ortober 2022 had not been correctly recognlsed in the previous financi31 starements. Thls error has been corrected by restating the prior period comparatives. Reserves Pollcy Dar Al-ldam Centre aims to hold sufficient unrestrfcted reserve5 to cover three months of CO operatlng cost5, ensuring stability in the event of financial flurtuatlons. At year end. reserves stood at £1,648,357, of which £137,973 were ynrestrlrted. Golng cOnrn The trustee5 have fio reason to believe the charity will not contlnue to operate for the foreseeable future. Plans for PUre Perlods Over the coming year, the trustees aim to: Expand educational programmes for adults and children. ¥ Develop further youth activities to support mental, emolional, and spirttual wellbeing. • Improve facilities and accessibility for dlsabled users through the installation of a Ilft. Explore options for additlonal community support services such as counselling, welfare support, and interfaith engagement. These plans are aligned with the charlty's aims to advan relSglon, educatlon, and community £ohesion. StruÉtuM Govétnance and Management fjoverning DUment Dar Al-Islam Centre 15 a Charitable Incorporated Organisation ICIOI. The charlty is governed by its constitution, which oudines its objects and Sets out the process for trustee appointment, decision-makingi and charitable operatioFIS. fj0Vernan and Management: The trustees are responsible for the strateglt dirèctian and overall management of the tharlty. Day-to-day attivltles are carried out by the Director and staff tearn Itotal 41, volunteers and cornmunity membery under trustee oversight. Trustee Selectlon Methtjds Trustees a appointed In accordance with the CIO collstitution. New tru5tee5 are selected bèsecj on skllls, experience, and commltment to the chaHty's aims. An Inductlon process ensures trustees Ltnderstand thelr legal duties and the operatlonal Strutture of the ceftt. Rlsk Management: Trustees revlew key Sk$ annually and take steps to mltlgate them. Primary risks rdate to.. Health and safety durlng events ènd religious gatherings Financial 5UStainability and reliance oft community donations Safeguardlng of children and vulnerdble adults Reputation of the nt Pollcies and procedures lover 40 policies) are In place for safeguardlng, dats protectlon, fln?nclol Controls, speaker amongst other things. Page 3
Dar Al-lslam Centre Trustees. Report (continued) For The Year Ended 28 February 2025 Reference and AdmiThistrativ8 Datails Yru$tee$ Mr Mousa Baraka - Chair Mr Abother Al-Sar4j - Treasurer Mr Hussain Al-Najafl Trustee Mrs Sara Hussain - Trustee (resigned 0810912025) Charlty Number 1197956 Prlndpal Addre 61 Anson Road London NW2 3UY Indepandent Examirkor Atul Shama The GKP Partnership Viglen House Alperton Lane London HAO IHD A¢countsnts Nova Accountants Page 4
Dar Al-Islam Centre Trustees. Report {¢ontlnued) For The Year Ended 28 February 2025 statom¢nt of Trust••s' R¢spwwlbllltle The tfustees are responslble for prwring the Trustees, Report and the ffnandal statements In accordan wlth appllcable law and Vnltsd Klngdom Attounung Stsndards (United Klngdom Generalty Accepted Accounting Pract1}. Th• Liw appllo14e to charltSes In Englèrtd and Walas reouires the trustees to prepare flnanclal staternents for each financial year whlch glve a true and fair vlew of the state of affairs of the charfty and of the Incomlng resources and applICOn of rexlurces of the tharfty for that perfod. In preptyrlng the finandol st)tamert5 the trustee5 aré requlred io: select suitable ac£ountlr9 policies 8nd then apply them n5FStentlV. obseNe the methods and prlnclples in tho Charity SORP; • make jtsdoments and attountirsg estSmates that are reasonable and pwden¥ a4)d prepare ttke flThancial statements on the golng concern basls unless ft ts Injpprgpriats to presume that the wlll conttnue in business. The tnjstees are r05pgnslble fgr keeplng adequate accountlng records whleh JlsclosE wlth reasonable a¢rULY at nme the ftnandal posltlon ofthe tharfty and trs enable them to eBsurt that the accounts comply wlth the Ch8r£tles Act 2011, the Char5ty (Accounts and Reports) Regulatlons 2008 and the provisions of the trust deed. They are also responslbl¢ for safeguardlng the assets of the chailty and heno for taklrvJ reasonoble steps forthe prevenOn and detertton of ftaud and other Irularities. The trustees are responslble for the malrtenanee and Integrity of the corpornts and Ilnanctal Informatton Included on the charlty's web51te. Leglsl*lon In the United Klngdom govemlng preparatlon and dlssernlrtatlon of flnandal 6tsternents may dlffer from leglslatyon In other jutfsdlcUon5. The trustees, rep)rt wa5 approved by the board of trustee$ and signed on Its behalf by: Mr Mouso earnka 410212026 Page 5
Dar Al-lslam Centre Independent Examiner's Report to the Trustees of Dar Al-I$lam Centre For The Year Ended 28 February 2025 I report to the trustees on my examination of the accounts of Dar Al-lslam Centre (the Trust) for the year ended 28 February 2025. Respoftlbllltles and Basls of Report As the charlty trustees of the Trust you are re5ponslble for the preparation Df the accounts in accordance with the requirements of the Charitles Act 2011 1.the Act"l. I report In respect of my exarnination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examinatlon. I have followed the applicable Directions given by the Charity Commlssion under sectitsn 14515)Ib) of the Art. Independent Examinees Ststement Slnce the Trust s gross income exceeded £250,000 your examiner must be a Member of a body listed ir? section 145 of the 2011 Art. I confimi that T am quale& to undertake the examination because l am a mernber of The Enstytttte of Chartered Accountants in England and Wales, which Is one of the Ilsted bodies. I have completed my examination. I conflmi that, apart from the matters referTed to In nore$ 10 and 19 of the financial staternent5, no material matters have come to my attention in connectlon with the examinatlon giving me cause to believe that in any materlal respect-. l. accounting records were not kept in respect of the Trust a5 required by sectlon 130 of the Act; or 2. the actounts do not accord with those records- or 3. the acEounts do not comply with the applicable requirements concerning the forrn and contents of accounts set ¢ut in the Charities (Accounts and Keportsl Regulations 2008 other than any requirement that the accourts ilve a 'true and falr view, which is noi a matter considered as part of an independent examination. I have no concerns and have come across no Other rnatters in connection with the examination to which attentlon should be drawn in this report In order to enable a proper understanding of the accounts to be reached. Atul Sharma 0410212026 Viglen House Alperton Lane London HAO IHD Page 6
Dar Al-lslam Centre statement of Financial Activities For The Year Ended 28 February 2025 2025 2024 Unrestrlcted R•5trirted funds funds Totsl funds Totsl funds Notes INCOME AND ENDOWMENTS FROM: Donatlons and legaaes Char4rable actlvltles Other 216,763 216.763 156,892 14,305 99,688 78.282 78,282 295,045 295,045 270,885 EXPENDITiIRE ON: RalsSng funds 1253,8091 1253,8091 1241,420) NET INCOME 41,236 41,236 29,465 NET MOVEMENT IN FU14DS RECONCILIATION OF FUNDS: Total funds tjrought forward 41,236 41,236 29,465 96,737 1,510,384 1,607,121 1,577,656 137,973 1.510,384 1,648,357 1,607,121 TOTAL FU14DS RRIED FORWARD 15 The notes on pages 10 to 15 form part of these financial statements. Page 7
Dar Al-lslam Centre Comparative Statement of Financial Activities For The Year Ended 28 February 2025 2024 unrestrl¢ted Refjtrlrtéd tunds funds Totsl funds Notes INCOME AND ENDOWMENTS FROM: DonaLions and legacies Chantable attivities Other 156,892 14,305 99,688 L56,892 14,305 99,688 270,885 270,885 EXPENDrnIRE ON: Raislng funds 1241,4201 (241,4201 NET INCOME 29,465 29,465 NET MOVEMENT IN FUNDS RECONCIUATION OF FUNDS: Total funds brought forward 29,465 29,465 67,272 1,510.384 1,577,656 TOTAL FUNDS CARRIED FORWARD 15 96,737 1,510,384 1,607,121 The notes on pages 10 to 15 fomi part of these flnancial statements. Page 8
Dar Al-lslam Centre statement of Financial Position As At 28 February 2025 2025 2024 Unrestrirted Restrlrted fund$ funds Total lunds Total funds Notes Trngible Assets (Restated for 2024) io 30,277 1,510,384 1,540,661 1,523,551 30,277 1,510,384 I,0,661 1,523,551 CURRENT ASSETS Debiors Cash at bank and in hand 12 7,643 80,344 117,022 L17,022 117,022 117,022 87,987 Creditors: Amounts Falling Due Within One Ye•r 13 19.3261 (9.3261 14,4171 NET CURRENT ASSETS (LIABILITIES) 107,696 107,696 83,570 TOTAL ASSETS LESS CURRENT LIABILITIES 137,973 1,510,384 1.648,357 1,607,121 NET ASSETS 137,973 1,510,384 1,648,357 1,607,121 FUNDS OF THE CHARTrY Restrfcted Funds Unrestricted Funds 1,510,384 1,SIO,384 137.973 96,737 TOTAL FUNDS 15 1,648,357 1,607,121 On behalf of the board Mr Abother Al-sarél Trustee 0410212026 Thè note5 on pages 10 to 15 forrn part of these ffnancial statements. Page 9
Dar Al-lslam Centre Notes to the Financial Statements For The Year Ended 28 February 2025 l. General Informatlon Dar Al-lslam Centre Is a charltable incorpooted organiSaOn registered with the Charlty Commtsslon, w{sted tharity number 1197956. The princlpal address is 61 Anson Road, London, NW2 3VY. 2. Accounting Poli¢4es 2.1. Basls of Preparatlon of Flnattclal Ststements The financial statemenrs have been prepared In accordance wlth the Charities SORP IFRS 1021 'Accountlng and Reportlno by Charities.. Statement of Recommended Practice applicable to charities pparfng thelr accounts in accordance with the Financial Reporting Standard applicable In the UK and Republlc of Ireland IFRS 1021 (effective I January 2019). Financial Reporting Standard 102 The Financial Reporting Standard applicable In the UK and Republlc of Ireland" and the Charities Act 2011. The charity ss a Public Benefit Entity ès defined by FRS 102. 2.2. Furtd Accountino UnreStcted fvnds can be used In accordanc2 with the charftable objectives at the discretion of the tru5t2es. Deslgnated funds comprlse unrestrtcted funds that hove been set aslde by the trustèes for a specific purpose. Restrlrted funds are to be used for speciflc purposes as laid down by the donor. Further explanation of the nature arid purpose of each fund is included in the ntstes to the financial statements. 2.3. Intomin9 Resources Recognition of Income Income is included in the Statement of Financial Activities ISOFAI when the charity becomes entitled to. and virtually certain to re1Ve, the income and the amount of the income cèn be measured with sufficient reliability. Income with related expenditure Whert income has related expenditure the income and related expendlture is reported gross in the SOFA. Donations and legacies Voluntary income c1Ved by way of grants, donations and gifts Is Included in the the SOFA when receivable and only when the Charity has unconditlDnal entitlement to the income. Tax reclaims on donations and gift5 Income from tax reclalms is Included in the SOFA at the same tlme as the gift/dDnatlon to which it relates. Donated ServiS and facilities These are only included In Income Iwlth an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantlftable, rneasurable and materlal. Volunteer help The value of any volunteer help recelved Is not Included la the accounts. Invesbrent tncome Thi5 15 includeLI in the accounts when receivable. Gains/{losses} on Valuation of flxed assets Thls Includes any galn or loss resulting from revaluiry investments to matl(et vèlue at the end of the year. Galnslllossesl on Investment asset5 Thls Includes any galn or loss on the sale of Investments. 2.4. Donated Goods and Servlces I donated goods, facilities and services received are recognlsed withln Incomlng resources and expendlture at an estimate of the value to the Chènty. Page 10
Dar Al-Islam Centre Notes to the Financial Statements (continued) For The Year Ended 28 February 2025 2.5. Resources Expended Recognltlon of expendSture Expenditure is recognlsed on an accruals basls. Expendlture Includes any VAT which cannot be lully reeovered, and is reported as part of the expenditure to whlch 5t relates. Expendllure on ralslng fund5 These comprise the costs asso(iated with attrdciing voluntsry Income, fundralsing trading costs and Trnvestment management costs. Expenditure on charitsble attivities These comprise the costs incurred by the Charity In the delivery or Its acllvlties and servlces in the furtherance of its objett5, includlng the making of grants and governance costs. GTrnts payable All grdnt expenditure Is accounted for on an artual pald ba515 plus an accrual for grants that have been approved by the trustees at the Ènd of the year but not yet paid. Governance costs These indude those costs associated with meeling the constitt5tional and statLltory reoulrements of the Charity, including any audivindependent examination fee5, costs linkect to the strategic management of the Charity, together with £ share of other administration costs. Other expendlture These are support costs not allocated to a parucular activity. 2.6. Tanglble Flxed A#set$ and Depreciation Tangible ftxed assets a measured at cost less accumulated depreciatlon and any accumulated impalment losses. Depredation Is provided at rates calculated to write off the cost of the fixed assets, less Lheir estlmated resldual value, over thelr experted usefvl lives on the following bases.. Freehold Plant & Machlnery Fixtures & Fittings nla 10 Year 5 Year 2.7. Cash and Cash Equlvalents Cash and cash eouivalents are basic financial assets and include cash In hand and deposlts held at call with bank5, other short-term highly liouid investments that mature in no more than three months from the date of acquisition and are readily convertlble to a known amount of cash with insignificant risk of chanoe in value, and bank overdrdfts. 2.8. Foreign Currencies Monetary asset5 and liabilities denominated In aJrrencTes other thèn the funttlonal currency of the charlty are translated at the rates of exchange prevailing at the end of the reporting p8riod. Transattlon5 in currencie5 Qther than the functional currency of the charity are recorded at the rate of exchange on the date that the tfftnsaction occvrred. All exchange differences are are taken into account in arrivlng at net income1expenditu. 2.9. Taxation The charity TS exempt from tsx as all Its Income is charltable and applied for charitable purposes. 2.10. Le?sed assets whe the charlty enters into a lease which entalls taking substantlally all the rlsks and reward5 of ownetship of an asset, the lease is treated os a flnance lease. Leases whlch do not tTrnsfer substantially all the risks and rewards of ownershlp to chartty are clzsslfled as operatlng leases. Assets held under finance leases are Initially reccgnlsed as assets of the thartty at thelr falr value at the Inception of the lease or If lower, at the present value of the minlmun lease payments. The corresponding liablllty to the lessor Is induded in the balance sheet date as a flnan lease obllgation. Leèse payments are apportloned between finance expenses and ductIon of the lease obligation so as Lo achieve o Constant rate of interest on the remaining balance of the liability- Financ£ expenses are recognised immediately, UFFless they are d1ClY attributable to quallfying assets, in which case they are capitslised in accordancè 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 è straight-1Sne basis over the lease term. In the evefit that lease nntIveS are received to enter into operating leases. such incentives are recognlsed as a liability. The aggregate benefit of Incentives Is recogn15ed as a reductlon of rental eKpense on a stralght-line basts. Page 11
Dar Al-Islam Centre Notes to the Financial Statements (continued) For The Year Ended 28 February 2025 2.11. Penslon costs The charlty opeTrtes a defined contrtbution plan for Its employees. A deflned contributiori plan Is a pension plan under whlch the cornpany pays flxed contThbutions into a separate entity. Once the contributions have been paSd the company has no further payments obllgations. The contributions are recognised as expenses when they fBII due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company In independently admtni5tered funds 3. Income from Donations ond Legacies 2025 2024 Unfestrlrted Unrestricted funds funds Donatlons and gifts- Donations and legaaes Gift aid Donated goods, facilities and services= Funerals 182,208 27,055 133,954 22,938 7,500 216,763 156,892 4. Other Income 2025 Unr•strlcted Unrestrlcted funds funds 2024 ental and other Income from property 78,282 99,688 5. Net Incomel(Expendlture) The net Income Is ststed after ch?rglng/(crediting)'. 2025 2024 Depreciatlon of tsngible fyxed assets - owned 4,023 6. Analysis of ExpeAdSturè 2025 A¢tl¥ltle$ undertaken dlrectly Support ¢osts (see note 7) Total Raising funds 4,023 249,786 253,809 2024 Support ¢¢sts (see note 71 Raislng funds 241,420 Page 12
Dar Al-Islam Centre Notes to the Ftnancial Statements (continued) For The Year Ended 28 February 2025 7. Support Costs 2025 Ralslng funds Employee costs Premises expenses General admlnlstrallon 130,179 51,545 68,062 249.786 2024 Raising funds Employee CDSts Premises expenses General admlnistratlon 110,887 73,207 57,326 241,420 8. Staff Costs Staff costs were as follows.. 2025 2024 Wages and salarles Social securlty costs other pension costs 115,766 11,193 2,939 95,722 8,835 2,156 129,898 106,713 No employees e1Ved employee benefits (excluding employer pension costs) for the reportlng period of more than £60,000. 9. Average Number of Employees Average number of employees durlng the year was: 4 (2024.. 3) ID. Tanglble Assets (R•Stated for 2024) Land & Property Freehold Plant & Mo¢hlttery Fixtures & Fitting¥ Total Cost As at l Marth 2024 Additions 1,511,194 12,357 19,402 1.523,551 21,133 1,731 As at 28 February 2025 1,511,194 31,759 1.73L 1,544,684 ..CONTINUED Page 13
Dar Al-lslam Centre Notes to the Financial Statements (continued) For The Year Ended 28 February 2025 Depreclatlon As at l March 2024 Provided during the period As at 28 February 2025 3,792 231 4,023 3,792 231 4,023 Net Book Value As at 28 February 2025 1,511,194 27,967 1,500 1,540.661 As at l Merch 2024 1,511,194 12,357 1,523,551 Comparative figtsres of 2024 for freehold pft)perty have been restated to reflecL the recognition of a building, valued at £1,510.384. received from a predecessor charity in 2023. Further details are providetl in Note 19. 12. Debtors 2025 2024 Due wlthln one year Other debrors 7,643 13. Cmdltors: Amounts Falllttg Due Wlthln One Year 2025 2024 other credltors Taxation and sooal security Accruals and deferred income 1,830 4.996 2,500 1,615 2,802 9,326 4,417 14. Pension Commitments The charity operates a defined contribution pension scheme. The assets of the stheme are held separately frorn those of the charlty in an independently administered fund. During the year the charge to the Stament of fin3ntial activltles in respect of deflned contribution schemes was £2,939 {2024: £2,156). At the statement of financial position date contsibutlons of ENIL were £fue to the fund ènd are Induded In credltor5. 15. Movement In Funds Asat28 February 2025 A5atl March 2024 Income Expenditure Unrestricted luDd$ General.. General unrestricted fund RèstrScted lund$ Restritted 96.737 295,045 1253,8091 137,973 1,510,384 1,510,384 Total funds 1,607,L21 295,045 1253,8091 1,648,357 Page 14
Dar Al-Islam Centre Notes to the Financial Statements (continued) For The Year En<Jed 28 February 2025 As3t29 February 2024 Asatl March 2023 Income Exp¢ndltur• Unrestrlcted funds General: General unrestricted fund Restrlrted funds Restricted 67,272 270,885 (241,4201 96.737 1.510,384 1,510,384 Total funds 1,577.656 270,885 (241,4201 1.607.121 16. Transactions with Trustees None of the trustees reiVed any remuneration or any other benefits from an employn7ent wlth the charity or a related entity during the turrent or pvIOuS year. No trustee expenses have been IncunEd. 17. Related Party Dlsclosures In the prlor year. Mousa Baraka and his father served as Trustee5 of the Foundation. In addition, Abother Al-saraj and Mousa Baraka were Trustees of both the Foundation (the Companyl and the Centre ICIOI- These relatlonshlps gave rise to a potential conflict of interest in fftlaon to the transfer of assets between ttte Foundation and the Centre, whlch occurred ITr the year eTrded 2023. To mitigate this, Abother Al-saroj and Mousa Baraka recused themselves fmm all decision-making relatlng to the transartion for both entities. The transactlon was considered and approved by the remaining Trustees, with the recusals formally documÈnted In the minutes of the respective meetings. ND Trustee received ariy personal benefit from the transaction. Ig. Prior Period Adjustment Description of the error During the independent e¥aminatlon, it was identth.ed that a freehold property acqulred on 7th October 2022 had nol been correcdy recognised in the financial statemenrs. Thi5 error has been corretted by restatlng the prlor period comparatlves. ImpaLt of the error The following table summarlses the adjustments made to the comparatlve figures for the year ended 28 February 2023 and 29 February 2024 Balance Sheet extrart for the year ended 28 February 2023 Prevlously reported adjustment restated Fixed Assets 13,169 1,510,384 1,523,551 Accumulated )epreciatlon Net Assets 13,169 1.510,384 1.523.551 Retalned Earnin95 67,272 1,510,384 L,577,656 .CONTINUED Page 15
Dar Al-lslam Centre Notes to the Financial Statements (continued) For The Year Ended 28 February 2025 Balan Sheet ethct for the year ended 29 February 2024 Prevlously reported adjustment restated Flxed Assets 13,169 1.510,384 1,523,551 Accumulated Depreciatlon Net Assets 13,169 1,510,384 1,510,384 1,523,551 Retained Earnings 96.737 1.607.121 Impact on Income and Expenditure As there Is no depreciation on the asset there is no impact on net income. Paye 16
Dar Al-lslam Centre Detailed Statement of Financial Activities For The Year Ended 28 February 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM.. Donatlons and legacles Donatlons and legacles Glft aid Funerals 182,208 27,055 7.500 133.954 22,938 216,763 156,892 Other Rental and Dther income from property 78,282 99,688 78,282 99,688 295,045 270,885 EXPENDZTURE ON: Ralslng funds Depreclation ol plant and machinery Depreciation of fixtures and fitlings Wages and salarles Employers Nl Employers penslons deflned contributions scheme Travel and subsistence expenses Reni Rates ght and heat Repalrs and maintenatKe Cleanlng C05t OF W65hroom Computer software costs Insuran Food products Printing, postage and stationery Umra Trip Advertising and marketlng costs Volunteer expenses Telecornrnunications Audit fees A¢¢ountsn¢y fees Professlonal fees Subscriptions Bank charges other office costs Sundry expenses (3,7921 (2311 {115,7661 {11,1931 {2,9391 (2811 (6531 195,722) (8,8351 {2,156) {4,1741 (618) 112,257) 124,710) 11,445) 134,177) 11,535) 14,122) 114,703) 123) 18,4861 11,212) {23,477} 123,555) {3,860) {2,512) {4,493) 113,1761 1341 {4,794) {2,7911 15,767) 12,2551 12.5001 13,9001 114.3831 11,8871 13,8711 111.2771 16971 1201 17,4601 12.0331 1571 15,5701 15,8301 (253,8091 1241,4201 (253,809) 1241,420) INCOME 41,236 29,465 Page 17