REGISTERED CHARITY NUMBER: 1198742
TRUSTEES' REPORT AND
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 26TH APRIL 2022 TO 31ST MARCH 2023
FOR
MUSLIM EDUCATION CENTRE
MUSLIM EDUCATION CENTRE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 26TH APRIL 2022 TO 31ST MARCH 2023
----- Start of picture text -----
Page
Trustees' Report 1
Statement of Financial Activities 2
Statement of Financial Position 3
Notes to the Financial Statements 4 to 5
----- End of picture text -----
MUSLIM EDUCATION CENTRE
TRUSTEES' REPORT FOR THE PERIOD 26TH APRIL 2022 TO 31ST MARCH 2023
The trustees present their report with the financial statements of the charity for the period 26th April 2022 to 31st March 2023. 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
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 doctrine being the teachings of the Quraan and the Sunnah of the prophet Muhammad (Peace be upon him) as defined and interpreted by the Ahle Sunnah Waljamaah school of thought.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
There were no charitable activities undertaken over the period since inception. The charity is in the process of taking over from the existing Trust of the same name and continuing the valuable work and services it provides.
FINANCIAL REVIEW
The Charity was inactive over the period since inception there was no income or expenditure.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes a charitable incorporated organisation (CIO).
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 1198742
Principal address
159 LOUGHBOROUGH ROAD Leicester LE4 5LR
Trustees
Mr Gulam Makadam Mr Ismail Gulam Makadam Mr Yusuf Ismail Mr Mohammed Ismail Dakri Mr Feizal Mussa
Approved by order of the board of trustees on 13th May 2024 and signed on its behalf by:
Mr Feizal Mussa - Trustee
-1-
MUSLIM EDUCATION CENTRE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 26TH APRIL 2022 TO 31ST MARCH 2023
----- Start of picture text -----
|||
|---|---|
|Total|
|funds|
|Notes|£|
|NET INCOME|-|
|TOTAL FUNDS CARRIED FORWARD|-|
----- End of picture text -----
The notes on page 0 form part of these financial statements
-2-
MUSLIM EDUCATION CENTRE
STATEMENT OF FINANCIAL POSITION 31ST MARCH 2023
| Notes | Total funds £ |
|---|---|
| NET CURRENT ASSETS | - |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
- |
| NET ASSETS | - |
| FUNDS 3 |
|
| TOTAL FUNDS | - |
The financial statements were approved by the Board of Trustees and authorised for issue on 13th May 2024 and were signed on its behalf by:
Mr Feizal Mussa - Trustee
The notes on page 0 form part of these financial statements
-3-
MUSLIM EDUCATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 26TH APRIL 2022 TO 31ST MARCH 2023
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.
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. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31st March 2023.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the period ended 31st March 2023.
3. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net movement in funds £ |
At 31.3.23 £ |
||
| TOTAL FUNDS | - | - | |
| Net movement in funds, included in the above are as follows: | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
| TOTAL FUNDS | - | - | - |
-4-
MUSLIM EDUCATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 26TH APRIL 2022 TO 31ST MARCH 2023
4. RELATED PARTY DISCLOSURES
There were no related party transactions for the period ended 31st March 2023.
-5-