**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** 


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Page<br>Trustees' Report   1<br>Statement of Financial Activities   2<br>Statement of Financial Position   3<br>Notes to the Financial Statements   4 to 5<br>**----- End of picture text -----**<br>




**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 

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**MUSLIM EDUCATION CENTRE** 

**STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 26TH APRIL 2022 TO 31ST MARCH 2023** 


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|||
|---|---|
|Total|
|funds|
|Notes|£|
|NET INCOME|-|
|TOTAL FUNDS CARRIED FORWARD|-|

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The notes on page 0 form part of these financial statements 

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**MUSLIM EDUCATION CENTRE** 

## **STATEMENT OF FINANCIAL POSITION 31ST MARCH 2023** 

|**Notes**|**Total**<br>**funds**<br>**£**|
|---|---|
|**NET CURRENT ASSETS**|**-**|
|**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**|**-**|
|**NET ASSETS**|**-**|
|**FUNDS**<br>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 

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**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**<br>**movement**<br>**in funds**<br>**£**|**At**<br>**31.3.23**<br>**£**|
|**TOTAL FUNDS**||**-**|**-**|
|Net movement in funds, included in the above are as follows:|<br>**Incoming**<br>**resources**<br>**£**|**Resources**<br>**expended**<br>**£**|**Movement**<br>**in funds**<br>**£**|
|**TOTAL FUNDS**|**-**|**-**|**-**|



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**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. 

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