MARKAZ AL-RAHMA
RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS
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1- Trustee’s annual report
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2- Receipts and payments accounts
Trustees' Annual Report for the period
Period start date Period end date Day Month Year Day Month Year From 01 04 2023 To 31 03 2024
Section A Reference and administration details
Charity name Other names charity is known by Registered charity number (if any) 1198421
MARKAZ AL-RAHMA
Charity's principal address 19 ALDERWICK COURT, CORNELIA STREET
London Postcode N7 8BE
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Mohamed Farah | ||||
| Mansoor Ahmed Khan Baloch |
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| Raage Hussein Hersi | ||||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
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Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
CIO- Foundation Constitution Type of governing document
- (eg. trust deed, constitution)
Charitable Incorporated Constitution How the charity is constituted
- (eg. trust, association, company)
Trustee selection methods
By appointment
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
TO ADVANCE THE RELIGION OF ISLAM, BY MEANS OF, BUT NOT EXCLUSIVELY, PROMOTING THE TEACHINGS AND TENETS OF ISLAM, PROVISION OF FACILITIES FOR WORSHIP AND PROVISION OF FACILITIES FOR ISLAMIC EDUCATION IN ACCORDANCE WITH THE TEACHINGS OF THE QURAN AND SUNNAH OF THE PROPHET MUHAMMAD PBUH. THE PROMOTION OF RELIGIOUS HARMONY FOR THE BENEFIT OF THE PUBLIC BY EDUCATING THE PUBLIC IN DIFFERENT RELIGIOUS BELIEFS INCLUDING AN AWARENESS OF THEIR DISTINCTIVE FEATURES AND THEIR COMMON GROUND TO PROMOTE GOOD RELATIONS BETWEEN PERSONS OF DIFFERENT FAITHS. TO ADVANCE EDUCATION FOR THE BENEFIT OF THE POOR, THE UNDERPRIVILEGED AND THE GENERAL PUBLIC BY MEANS OF, BUT NOT EXCLUSIVELY, THE PROVISION OF SCHOLARSHIPS, EDUCATIONAL ACTIVITIES AND FACILITIES SUCH AS SCHOOLS, LIBRARIES AND TRAINING CENTRES.
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The organisation provides a Centre for worship and Islamic education according to the teachings of Islam in a society having multiethnic, cultural and cross-religious backgrounds. With the provision of Islamic teachings, religious harmony among all segments of society is created.
Further, We have a motto to bring peace and harmony among all faiths as we have explained in our objective. Furthermore, We are providing education and information to general mankind about the true spirit of Islam and its role in bringing all the communities close to each other.
Summary of the main activities undertaken for the 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 public benefit)
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
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Section D Achievements and performance
Summary of the main achievements of the charity during the year
The charity started its operations one year ago and is developing its network. We have arranged a building to provide a place for worship to the community. 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 facilities of worship and Islamic Education.
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Section E Financial review
Brief statement of the charity’s policy on reserves
TRUSTEES HAVE REVIEWED THE MARKAZ AL-RAHMA’S NEED FOR RESERVES IN LINE WITH THE GUIDANCE, 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.
Details of any funds materially in deficit
N/A
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) Mohamed Farah Position (eg Secretary, Chair, Trustee and Chairperson etc)
Date 28/01/2025
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| Charity Name MARKAZ AL-RAHMA |
Charity Name MARKAZ AL-RAHMA |
Charity Name MARKAZ AL-RAHMA |
No (if any) 1198421 |
No (if any) 1198421 |
No (if any) 1198421 |
CC16a | |
|---|---|---|---|---|---|---|---|
| For the period from |
Period start date 01/04/2023 |
To | Period end date 31/03/2024 |
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| Section A Receipts and payments | |||||||
| A1 Receipts | Unrestricted funds to the nearest £ 19,930 - - - - - - - 19,930 - - - 19,930 18,874 497 1,124 40 192 774 - - 21,501 - - - 21,501 - 1,571 - 5,479 3,908 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 19,930 - - - - - - - 19,930 - - - 19,930 18,874 497 1,124 40 192 774 - - - 21,501 - - - 21,501 - 1,571 |
Last year to the nearest £ |
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| Donations | 19,930 | 37,779 | |||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| Sub total(Gross income for AR) |
19,930 | 37,779 | |||||
| A2 Asset and investment sales, (see table). |
|||||||
| - | |||||||
| - | - | ||||||
| Sub total | - | - | |||||
| Total receipts A3 Payments |
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| 37,779 | |||||||
| Charitable Activities | 18,874 | 10,622 | |||||
| Advertisement | 497 | 728 | |||||
| Travelling | 1,124 | 629 | |||||
| Books andperiodicals | 40 | 351 | |||||
| Bank Charges | 192 | 246 | |||||
| Rates | 774 | 724 | |||||
| - | |||||||
| - | - | ||||||
| - | - | ||||||
| **Sub total ** | 21,501 | 13,300 | |||||
| A4 Asset and investment purchases, (see table) |
|||||||
| Deposit for Premises | - | 19,000 | |||||
| - | |||||||
| **Sub total ** | - | 19,000 | |||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||
| 32,300 | |||||||
| - 1,571 | - | - | - 1,571 | 5,479 | |||
| - | - | - | - | - | |||
| 5,479 | - | - | 5,479 | - | |||
| 3,908 | - | - | 3,908 | 5,479 |
CCXX R1 accounts (SS)
31/01/2025
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Cash at bank Details Details Deposits for Premises Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 3,908 - - - - - 3,908 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) Un Restricted 19,000 - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Mohamed Farah |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
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| Mohamed Farah | 28/01/2025 | ||
CCXX R2 accounts (SS)
31/01/2025
2