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2023-12-31-accounts

REGISTERED CHARITY: 1199805 COMPANY NUMBER: CE029835

GREENGATE JAMIA MASJID

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

26 JULY 2022 TO 31 DECEMBER 2023

REFERENCE AND ADMINISTRATIVE DETAILS

The trustees, present their report with the financial statements of the charity for the period 26[th] July, 2022 to 31[st] December, 2023.

INCORPORATION

The CIO Foundation was incorporated on 26 July 2022.

Registered Charity Number

1199805

Registered Office

88 Greengate Street, Oldham OL4 1DH

Trustees

Mr Abdul Islam Trustee Mr Nadeem Akhtar Trustee Mr Muhammad Rashid Trustee Mr Nadeem Mazhar Trustee Mr Navaid Afzal Trustee

Independent Examiner

Quba Accountancy LTD 14 Mayne Avenue Luton, Bedfordshire, LU4 9LS

2

STRUCTURE, GOVERNANCE AND MANAGEMENT

Board of Trustees

The Board of Trustees sets our future aims and priorities focusing on strategic planning and governance and also evaluates our performance and progress in our work to alleviate poverty and suffering.

The Board of Trustees appraises the Senior Management Team and can make appointments to it as well as dismissals. The Board of Trustees also make sure that we satisfy the regulatory requirements on us as a charity and works with key stakeholders.

Recruiting and Appointing Trustees

All our trustees are volunteer, chosen because they all have the diverse range of skills, knowledge and experience that we need to respond to the challenges of today. Stakeholders and partners may nominate trustees and sometimes we will make a personal approach to potential candidates.

Governing document

Greengate Jamia Masjid refers to the charity incorporated organisation with a governing document known as CIO constitution by foundation originally incorporated on 26 July 2022.

Responsibilities of Trustees

The annual report and financial statements are prepared according to the relevant law and approved by the trustees.

The trustees keep adequate accounting records and they show and explain our transactions. The records also disclose our financial position with reasonable accuracy at any time and enable trustees to ensure that the financial statements comply with Charity Commission Statement of Recommended Practice (SORP) 2015.

Grant Making Policies

We provide grants to projects if the request meets our charitable objectives and criteria. Project grant making is managed according to a designated process, which is documented in our Operational Risk-Management Framework. We aim to treat all grant applications professionally, equally and fairly. We make the final decision as to eligibility to receive a grant, at our discretion.

Public Benefit

We develop strategic plans to make certain that we provide maximum public benefit and achieve our strategic objectives, which fall under purposes defined by the Charity Act 2006.

3

Objectives and Strategic activities

The objects of the charity are set below:

  1. TO ADVANCE AND PROMOTE THE ISLAMIC FAITH IN ACCORDANCE WITH THE HOLY QUR’AN AND FOLLOWING THE SUNNAH SPECIFICALLY THE HANAFI SCHOOL OF THOUGHT FOR THE PUBLIC BENEFIT IN GLODWICK AND SURROUNDING AREAS, IN PARTICULAR BUT NOT EXCLUSIVELY BY:

  2. THE PROVISION OF A MOSQUE FOR CONGREGATIONAL PRAYERS, WORSHIP SERVICES, LECTURES AND CELEBRATING RELIGIOUS FESTIVALS;

  3. HOLDING RELIGIOUS CELEBRATIONS AND SERVICES SUCH AS WEDDINGS, FUNERAL, WAKE AND BURIAL SERVICES;

  4. RELIGIOUS EDUCATION INCLUDING THE PROVISION OF GREENGATE ACADEMY (MADRASAH) AND GREENGATE ISLAMIC COLLEGE;

  5. PASTORAL COUNSELLING INCLUDING DISPUTE RESOLUTION; MARRIAGE COUNSELLING, MEDIATION AND DISSOLUTION;

  6. DISTRIBUTING LITERATURE AND KNOWLEDGE ON THE ISLAMIC FAITH TO ENLIGHTEN OTHERS ABOUT THE ISLAMIC RELIGION.

  7. COLLECTING AND DISTRIBUTING ISLAMIC CHARITY (SADQAH, ZAKAH, FITRANA) LOCALLY AND ABROAD.

  8. TO PROMOTE FOR THE BENEFIT OF THE INHABITANTS OF GLODWICK AND THE SURROUNDING AREA THE PROVISION OF FACILITIES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES OR FOR THE PUBLIC AT LARGE IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THE CONDITION OF LIFE OF THE SAID INHABITANTS.

  9. THE PREVENTION OR RELIEF OF POVERTY FOR THE PUBLIC BENEFIT IN PARTICULAR BUT NOT EXCLUSIVELY BY:

  10. PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY;

  11. SUPPORTING AND PROVIDING FOODBANKS;

  12. SUPPORT WITH PROVISION OF FUNERAL AND BURIAL SERVICES TO ENSURE THEY ARE HELD IN ACCORDANCE WITH THE ISLAMIC FAITH.

4

Achievements & Performances

Financial Review

The charity received sum of £391,071 in donations from various sources.

The charity does not have any reserve policy.

No funds are in deficit at the balance sheet.

The funds are in surplus by £61,393 at the balance sheet.

Declaration

The trustees declare that they have approved the trustees report above.

Signed on behalf of the charity’s trustees.

Signature Name: Navaid Afzal Position: Trustee Date: 17/10/2024

5

INDEPENDENT EXAMINERS REPORT FOR THE PERIOD 26 JUL 2022 TO 31 DEC 2023 TO THE TRUSTEES

I report on the accounts for the period 26[th] July 2022 to 31[st] December 2023 set out below.

Respective responsibilities of trustees and examiner

The charity’s trustees responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for the period (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:

Basis of the independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiners statement

In connection with my examination, no matter has come to my attention:

or

Independent Examiner

Signature : Mr Dawood Masood AFA, MIPA Date: 18/10/2024

6

Greengate Jamia Masjid Statement of Financial Activities For the Year Ended 31[st] December, 2023

Notes
Incoming Resources:
Incoming resources from generated
funds
Voluntary Income
5
Activities for generating funds
Total incoming resources
Resources expended:
Cost of generating funds
Charitable Activities
6
Admin cost
Governance cost
Total resources expended
Net incoming resources before
transfer
Net movement of funds:
Net income of the year
Total funds brought forward
Net funds carried forward		 Unrestricted
funds
£
Restricted
funds
£
2023
£
2022
£
305,864
85,207
391,071
-
-
-
-
-
305,864
85,207
391,071
-
27,750
104,361
132,111
-
190,667
-
190,667
-
6,899
-
-
-
225,317
104,361
329,678
-
80,547
-19,154
61,393
-
80,547
-19,154
61,393
-
-
-
-
-
80,547
-19,154
61,393
-

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

The notes on pages 9 to 11 form part of these financial statements.

7

Greengate Jamia Masjid Statement of Financial Position As At 31[st] December, 2023

Assets
Notes
Fixed Assets:
Tangible Assets
2
Current Assets:
Cash in hand & at bank
Creditors: Amount falling during 1 year
3
Net Current Assets/Liabilities
Total Assets Less Current Liabilities
CAPITAL AND RESERVES
Unrestricted funds
General funds
4
Designated funds		 2023
£
15,082
61,393
61,393
-
61,393
61,393
80,547
-19,154
61,393		 2023
£
15,082
61,393
61,393
-
61,393
61,393
80,547
-19,154
61,393		 2022
£
-
-
-
-
-
-
-
-
-		 2022
£
-
-
-
-
-
-
-
-
-
61,393
-		 -
-
61,393 -
80,547
-19,154		 -
-
61,393 -

For the year ending 31/12/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. Approved by the Board of Trustees on 17/10/202 4 and signed on their behalf by:

Signatures Name: Navaid Afzal Date: 17/10/2024

8

Greengate Jamia Masjid Notes to the Accounts For the Year Ended 31[st] December, 2023

1. ACCOUNTING POLICIES

a) Basis of Accounting

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

b) Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

c) Resources Expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

d) Allocation & Apportionment of costs

All costs relate to the single activity of the charitable company and are recognised accordingly.

e) 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. Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.

9

Greengate Jamia Masjid Notes to the Accounts For the Year Ended 31[st] December, 2023

2. Tangible Assets
Cost
As at 26/07/2022
As at 31/12/2023
Depreciation
As at 26/7/2022
For the year
As at 31/12/2023
Net Book Value
As 31/12/2023
As at 25/7/2022
3. Creditors: Amount falling during 1 year
Creditors		 Furniture
& Fixture
£
Equipment
£
Total
£
-
-
-		 Furniture
& Fixture
£
Equipment
£
Total
£
-
-
-
-
-
-
-
-

-
-

-
-
-
-
-
-

-
-
-
-
-
-
-
-
2023
£
2022
£
-
-
-
-
4. Unrestricted
funds
Brought
Forward
£		 Incoming
Resources
£

Outgoing
Resources
£

Outgoing
Resources
£		 Transfer
£		 Carried
Forward
£
Designated funds - 85,207 104,361 - -19,154
General funds - 305,864 225,317 - 80,547
- 391,071 329,678 - 61,393
5. Incoming
Resources		 Unrestricted
funds
£		 Restricted
funds
£		 2023
£		 Unrestricted
funds
£
Restricted
funds
£		 2022
£
Incoming
resources from
generated funds
Grants
Voluntary Income 305,867 85,207 391,070
-		 - -
Gift Aid - - - - - -
305,867 85,207 391,070
-		 - -
Grants
Activities from
generating funds - - - - - -
305,867 85,207 391,070
-		 - -

10

Greengate Jamia Masjid Notes to the Accounts For the Year Ended 31[st] December, 2023

6. Resources Expended
Unrestricted funds
Charitable Activities
Donation
Loan Repayment
Refund
Restricted funds
Masjid
Event
Eid Sweets
GIC
Flood
Religious Services
Funeral Services
Homeless
Merchant
Admin cost
Heat & Light
Advertisement
Cleaning
Wages
Printing & Stationary
IT Support
Telephone/Internet
Miscellaneous
Subscription
Insurance
Entertainment
Travelling
Media
Bank Charges
Governance cost
Legal
Accountancy		 2023
£
2022
£
100
-
25,000
-
2,650
-
27,750
-
2023
£
2022
£
76,449
-
4,650
-
100
-
1,947
-
13,559
-
2,934
-
2,211
-
2,390
-
121
-
104,361
-
2023
£
2022
£
21,213
-
670
-
230
-
137,613
-
6,054
-
387
-
2,066
-
3,227
-
1,687
-
5,520
-
284
-
9,450
-
350
-
1,916
-
190.667
-
2023
£
2022
£
-
-
6,899
-
6,899
-

11