2025-03-31-accounts - Loughborough Dawah Centre

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LOUGHBOROUGH DAWAH CENTRE

Charity No. 1201137

Company No.

Trustees' Report and Unaudited Accounts

31 March 2025

LOUGHBOROUGH DAWAH CENTRE Contents

	Pages
Trustees' Annual Report		1
Statement of Financial Activities		3
Summary Income and Expenditure Account		4
Balance Sheet		5
Statement of Cash flows		6
Notes to the Accounts		7
Detailed Statement of Financial Activities	8 to	13

Page 1

LOUGHBOROUGH DAWAH CENTRE Trustees Annual Report

CHARITY

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No.

Charity No. 1201137

Registered Office

34 Woodgate Road Loughborough Leicestershire LE11 2TY

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

H. AHMED F.K. CHOUDHURY R.K. CHOUDHURY S. CHOUDHURY I. DEWAN M. DEWAN H.M.A. HUSSAIN I. HUSSAIN M. HUSSAIN A. ISLAM A. MUHIT

Accountants

SA ACCOUNTS PRACTICE 123 MOORLAND ROAD STOKE-ON-TRENT STAFFS ST6 1JH

OBJECTIVES AND ACTIVITIES

The purpose of the charity as set out in its governing document: The Loughborough The Loughborough Dawah centre, using their own building 34 wood gate, Loughborough, le112ty, Activities as follows, Men's & women's adults education classes and social/ cultural activities weekly and monthly, also youth boys and girls weekly education circles / playing activities/ Art's and crafts classes/ social activities etc, Also local groups hires the building to use for other purposes.

Page 2

LOUGHBOROUGH DAWAH CENTRE

Trustees Annual Report

The main activities undertaken in relation to those purposes to advance the Islamic faith in the town of Loughborough and the surrounding area. In accordance with the doctrines of the Quran and Sunnah through religious education and through the holding prayer meetings. Lectures and public celebration of religious festivals.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

R.K. CHOUDHURY

Trustee 31 March 2025

Page 3

LOUGHBOROUGH DAWAH CENTRE Statement of Financial Activities

for the year ended 31 March 2025

Unrestricted funds 2025 £ 7,641	Total funds 2025 £ 7,641	Total funds 2024 £ 280,945
7,641 3,511	7,641 3,511	280,945 24,454
3,511 -	3,511 -	24,454 -
4,130 -	4,130 -	256,491 -
4,130	4,130	256,491
4,130 256,492	4,130 256,492	256,491 -
260,622	260,622	256,491

Page 4

LOUGHBOROUGH DAWAH CENTRE Summary Income and Expenditure Account

for the year ended 31 March 2025

Income Gross income for the year Expenditure Total expenditure for the year Net income before tax for the year Net income for the year	2025 £ 7,641 7,641 3,511 3,511 4,130 4,130	2024 £ 280,945
		280,945
		24,454
		24,454
		256,491
		256,491

Page 5

LOUGHBOROUGH DAWAH CENTRE Balance Sheet

at 31 March 2025

Company No. Notes 2025 £ Fixed assets Tangible assets 7 294,927 294,927 Current assets Cash at bank and in hand 14,212 14,212 Net current assets 14,212 Total assets less current liabilities 309,139 Creditors:Amounts falling due after more than one year 8 (48,517) Net assets excluding pension asset or liability 260,622 Total net assets 260,622 The funds of the charity Restricted funds 9 Unrestricted funds 9 General funds 260,622 260,622 Reserves 9 Total funds 260,622	2024 £ 294,927
	294,927 16,081
	16,081
	16,081 311,008 (54,517)
	256,491
	256,492
	256,492
	256,492
	256,492

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2025 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 31 March 2025

And signed on its behalf by:

R.K. CHOUDHURY

Trustee

31 March 2025

Page 6

LOUGHBOROUGH DAWAH CENTRE Statement of Cash flows for the year ended 31 March 2025

Cash flows from operating activities Net income per Statement of Financial Activities Adjustments for: (Decrease)/Increase in trade and other payables Net cash (used in)/provided by operating activities Net cash used in investing activities Net cash from financing activities Net (decrease)/increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Components of cash and cash equivalents Cash and bank balances	2025 £ 4,130 (6,000) (1,870) - - (1,870) 16,081 14,211 14,212 14,212	2024 £ 256,491 54,517
		311,008
		(294,927)

		-

		16,081
		-
		16,081

		16,081

		16,081

Page 7

LOUGHBOROUGH DAWAH CENTRE Notes to the Accounts

for the year ended 31 March 2025

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 8

LOUGHBOROUGH DAWAH CENTRE Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 9

LOUGHBOROUGH DAWAH CENTRE Notes to the Accounts

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.

Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 10

LOUGHBOROUGH DAWAH CENTRE

Notes to the Accounts

3 Statement of Financial Activities - prior year

Income and endowments from: Donations and legacies Total Expenditure on: Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds carried forward	Unrestricted funds 2024 £ 280,945 280,945 24,454 24,454 256,491 256,491 256,491 256,491	Total funds 2024 £ 280,945
		280,945 24,454
		24,454
		256,491
		256,491
		256,491
		256,491

4 Income from donations and legacies

5 Other expenditure Premises costs General administrative costs Legal and professional costs	Unrestricted £ 7,641 7,641 Unrestricted £ 1,910 901 700 3,511	Total 2025 £ 7,641 7,641 Total 2025 £ 1,910 901 700 3,511	Total 2024 £ 280,945
			280,945
			Total 2024 £ 10,356 3,963 10,135
			24,454

6 Staff costs

No employee received emoluments in excess of £60,000.

Page 11

LOUGHBOROUGH DAWAH CENTRE Notes to the Accounts

2025 £ 48,517 48,517 Incoming resources (including other gains/losses ) £ 7,641 7,641 Unrestricted funds £ - 14,212 (48,517) (34,305) At 1 April 2024 £	£ 294,927 294,927 294,927 294,927 Resources expended £ (3,511) (3,511) Restricted funds £ 294,927 - - 294,927 Cash flows £	£ 294,927
		294,927
		294,927
		294,927
		2024 £ 54,517
		54,517
		At 31 March 2025 £ 260,622
		260,622
		Total £ 294,927 14,212 (48,517)
		260,622
		At 31 March 2025 £
16,081	(1,869)	14,212
16,081 16,081	(1,869) (1,869)	14,212
		14,212

Page 12

LOUGHBOROUGH DAWAH CENTRE Notes to the Accounts

12 Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 13

LOUGHBOROUGH DAWAH CENTRE Detailed Statement of Financial Activities

for the year ended 31 March 2025

Income and endowments from: Donations and legacies Total income and endowments Expenditure on: Premises costs Rates Light, heat and power Premises insurances General administrative costs, including depreciation and amortisation Bank charges Equipment expensed Subscriptions Telephone, fax and broadband Legal and professional costs Accountancy and bookkeeping Other legal and professional costs Total of expenditure of other costs Total expenditure Net gains on investments Net income Net income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	Unrestricted funds 2025 £ 7,641 7,641 7,641 123 1,420 367 1,910 - - - 901 901 700 - 700 3,511 3,511 - 4,130 4,130 - 4,130 256,492 260,622	Total funds 2025 £ 7,641 7,641 7,641 123 1,420 367 1,910 - - - 901 901 700 - 700 3,511 3,511 - 4,130 4,130 - 4,130 256,492 260,622	Total funds 2024 £ 280,945
			280,945
			280,945 10,000 - 356
			10,356
			278 790 1,200 1,695
			3,963
			- 10,135
			10,135

			24,454
			24,454 -
			256,491
			256,491 -
			256,491
			-
			256,491

Page 14

LOUGHBOROUGH DAWAH CENTRE Detailed Statement of Financial Activities

Page 15