MARKAZAL-RAHMA RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
CONTENTS l- Trustee's annual report 2- Independent examiner's report on the accounts 3- Receipts and payments accounts
Trustees. Annual Report for the period Penod stsrt date Period end date ear From 03 2022 To 31 03 2023 Section A Reference and adrninistration details Charity name MARKAZ AL-RAHMA Other names charlty Is kno by Registsrod ¢harlty number Ilf any) 1198421 Charity's principal address 19 ALDERVIICK COURT, CORNELIA STREET Lond Postcodo N7 8BE Names of the charity trustws who fflanage the charrty Truto• n•m• Offi¢•111 anyl am• of person lor botyl ontitl• inttrusts• ifan Mthamed Fah BC<h R8ag8 Hus88in Fkn5i 10 11 12 13 14 15 16 17 18 19 20 Names of the trnstees for tho ¢harity, rf any, (for example. any custodian trustoe5 Name Datss acted rf not for *thole Oar TAR
Names and addresses of advlsers Ioplional Infomiationl of adviser Name Address Name of chlef executive or names of senior staff members {Oplional inf0Mtion) Section B Structure, governance and management De8CriPtion of the charity's trusts CIO- Foundation Constitution Type of goveming document How the charty is constrtuted Charitsble InCorpted Consiftution Trustee selection rneth(MJs By appointmeni Additional govemance issues (Optional infomiation) You may choose to include additional information, where relevant, about". policies and procedures adopted for the induction and training of trustees., the charty's organisational structure and any wider network with which the charity works.. relationship with any Telated parties., trustees, consideration of major risks and the system and procedures lo manage them. Section C ectives and activities TO ADVANCE THE RELIGION OF ISLAM. BY MEANS OF. 8UT NOT EXCLUSIVELY. PROMoNG Tr*E TEAcH1Ps AND TEP4Efs QF ISLAM. PROVISION OF FACILITIES FOR RSHIP AND PROWSION Of FACIUTIES FOR ISLAMIC EDiUTION IN ACCORDANCE TH THÉ TÉACHINGS OF THE QURNN AND SUNNAH OF THE PROPHET MUFIAMMAO P8UH THE PROkK)TION OF RELlous HAIIMOTrn FOR THE BENEFIT OF THE PUBLIC BY EDUCATING THE PUBLIC IN DIFFEREpif RELlous BELIEFS INCLUDING AN AWARENESS OF THEIR DISTINCTIVE FEATIJRES THEIR C(AIMON GROUND TO PROWTE GOOD RELATIONS 8EThEEN PERSONS OF OIFFERENT FAITHS. TO ADVANCE ECXJCATION FOR THE BENEFIT OF THE POOR. THE uPERPR1LEGEO AND THE GENERAL PUBLIC BY MEANS OF. BUT NOT WLVSpLY. THE PROVISION OF SCFK)LNRSHIPS EDiThTIOM4LACTWITIES AND FACILINES SUCH AS SCHOOLS. LIBRARIES AND TRWNING CENTRES. Summary of the objects of the chartty set out in its governing document TAR
The organization provides a Centre for wotship and Islamic education according to the teachings of Islam in a society having mutti- ethnic, cultural and cross-religious backgrounds. With the provision of Islamic teachings, religious harmony among all segments of society is created. FLtrther. We have a motto lo bring peace and harmony among all faiths as we have explained in our objective. Furthemiore, We are providing education and information to general mankind about the true spirit of Islam and rts role in bringing all the communities close to each other. Summary of the main activities undertaken for tho public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on publ1¢ benofitl Additional details of obj-ectives and activities (Optional infonnationl You may choose to include further statements, where relevanl, aboul.. policy on grantmaking- policy programme related investment., contribution made by volunteers. TAR
Section D Achievements and performance The charity has recently started sts operations and is developing rts neknrk. We have arranged a building to provide a place for worship to the communty. We are also providing Islamic education to the people to make them aware of the teachings of Islam. We are in the process of acquiring a building on lease for the long-term period to provide faciif(ies of worship and Islamic Education. Summary of the maln achievements of the Charity during the year TAR
Section E Financial review TRUSTEES HAVE REVIEWED THE MARKAZ AL-RAHMA'S NEED FOR RESERVES IN LINE WITH THE GUIDANGE. ISSUED BY THE CHARITY COMMISSION. THE TRUSTEES BELIEVE THAT THE CHARITY SHOULD HAVE A MINIMUM LEVEL OF RESERVES EQUAL TO 6 MONTHS OF OPERATIONAL COSTS OF THE CHARITY. Brief ststement of the charity's policy on re8er¥es Details of any funds materially in deficit NIA Further financial review detai18 (Optional information) You may choo89 to include additional information, where relevant about.. the charrty'$ principal sources of funds lincluding any fundraising).. how expenditLITe has supported the key objectives of the charity., investment policy and objectives including any ethical investment policy adopted. Section F Other optional information Section G Declaration The trustees declare that they havo approved the trustees, report above. signod on hall of tha charity'• trusto08 Slgnaturnl81 Full namel81 Po8ltlon leg Secretary, Chair. etcl Mohamed Faiah Trustee and Ch8irperson Date 1210912024 TAR
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of MARKAZ AL-RAHMA On accounts for the yoar ended 31103r2023 Charity no Ilf any) 1198421 Sot out on pago8 I repK)rt to the trustees my examination of the accounts of the above charity for the year ended 3110312023. Ro8pon8lblllllo$ and As the charity twstees, you are resKM)nsib for the preparation of the basis of report accounls in accordance with the requirements of the Charrties Act 2011 {Ihe Act.). I report in respecl of my examfftatM)n of the Charty's accounts carried out under SecIn 145 of the 2011 Act and in carrying out my examination. I have follwd Ihe applicable Directions grven by Ihe Chanty Commis$w)n under sectK)n 145(5)Ib) of the Act. I have completed my examination. I confimi that no material matters havo come lo my attentn in connection with the examination which gives me cause to bel*ve that in, any material respecl.. accounting records were not kept in accordance with gection 130 of the Act or the accounts do not accord with the accounting recor(Is Independent examin0¢8 8tatsment I have no concems and have come across no other matters in connectlon Wtlh the examinatK)n to whh attenlK)n should be drawn in order to enable proper understlI¥j of th8 accounts to be react. sned. 1210912024 Name: M D Waseem Relevant professlonal qualificallonls) or body (If any): FAiA Addross: Unit 2. Frrst Fkx)r. 297-303 Edgware Road. London 6NB Section B Disclosure Only Compte Il the examiner needs lo highlight matters ol conGem1see CC32, Independent examination of chanty acccyjnts: directions and guidar¢ce for examiners). IER
Give here brièf details of any items that the examiner wishes to disclose. IER
CHARITY COMMI5510N FOR ENGLA140 AND WALES IIAIIIUZ AL4MIlA Receipts and payments accounts CC16a Forth• PBrKxS end lal8 3110Y2023 2910022 Section A Receipts and payments funtJ• fvnd• fvndl Total lund• L••ty••r A1 R¢¢•l Sub tot•ll ARJ Jy,m l•a• tablel. b tot41 Tot•1 rK•lpts 37,779 37.77• AJP ch•rtI&AM•I Adv•rtiown•rt Trnydhn kx4nd 10,822 721 J81 301 k¢ R 724 724 Sub tot•1 13,3 A4 and InvMtm•nt It for Prwnl Sub tot•1 31300 32.X Pl•t oIr•c•1(P•Yffl•nts) AS Trnn81•r8 b•twe•n fun¢ A8 CaBh funds last y•ar•nd C•sh funds thls y8•r•nd 6.4n 479 6.479 CCK¥ R1 ISS) 2WIY1024
Section B Statement of assets and liabilities at the end of the period Unro5triGied fund$ D•ansi£ Rfy5tfict8d fund5 to n¢•rtst£ Categories Oet8il$ funds B1 Cash funds Cè9h4ibènk 5.479 Total cash funds 5,479 si Unttstri¢t¢d funds to noarnt£ R95trfct8d funds Endowment funds Details to TroaroitÉ Fund to Details Co•iioplon•ll nal Funo Details D@putrtsfur PTpmtseS eost{opdon411 19.00 Cun•ntv4luo B4 A88ets retalned for the harfty'$ own use un Resirtted Fund 10 Amoufiidts• m•n du• thon41 Details 86 Liabiliti•# SYJn¥J by(w or 1$teeS0n Lwhalf of 811 the trustees Date ¢f Snature Print Name arnèd Fah 1210W2024 CCXX R2 x¥x¥Jnts (SSI 1510912024