COMPANY NUMBER 14434010 CHARITY REGISTRATION NUMBER 1201353 SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY
FINANCIAL STATEMENTS 31 OCTOBER 2025
SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY
FINANCIAL STATEMENTS PERIOD TO 31 OCTOBER 2025 CONTENTS PAGE
| Trustees Annual Report | 1-3 |
|---|---|
| Independent Examiners Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6-7 |
| Notes | 8-10 |
SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY
TRUSTEES ANNUAL REPORT PERIOD TO 31 OCTOBER 2025
The Trustees have pleasure in presenting their report and the unaudited financial statements of the Charity for the period to 31 OCTOBER 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY
CHARITY REGISTRATION number 1201353 COMPANY REGISTRATION number 14434010
Registered office: 9 Lyndon Drive, Oadby, Leicester, England, LE2 5GA
THE Trustees
The Trustees who served the charity during the period were as follows: Amanul Haq (resigned 10/08/2025) Muhammad Hafeez Katib Mohammud Shaad Auhammud
Independent Examiners
Fusion Accounting Ltd 1[st] Floor, 79 Dorothy Road, Leicester, LE5 5DS
STRUCTURE, GOVERNANCE AND MANAGEMENT
SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY is a charitable company governed by its Articles of association adopted on the 21/10/2022 as amended on 14/12/2022 and registered as a company on 21/10/2022 and registered with the Charity Commission on 15/12/2022.
OBJECTIVES AND ACTIVITIES
The objectives of the organisation, as set out in its governing document are:
(1) to advance the religion of Islam by means of, but not exclusively, provision or assistance in the provision of facilities for Islamic education and worship, in accordance with the doctrine hereinabove stated;
(2) to relieve financial hardship among poor people and those in financial hardship by means of, but not exclusively, making grants for providing or paying for items, equipment, services and facilities, including the provision of food, clean water, and other necessities for the benefit of the said persons;
(3) to advance education for the benefit of the general public by means of, but not exclusively, the provision or the assistance in the provision of educational activities and facilities, such as a supplementary school;
(4) to further or benefit the residents of south Leicestershire and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.
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SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY TRUSTEES ANNUAL REPORT (continued) PERIOD TO 31 OCTOBER 2025
In furtherance of these objects but not otherwise, the trustees shall have power: to establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above objects.
ACHIEVEMENTS AND PERFORMANCE
During the year, the Charity has successfully delivered a programme of activities to support the local people of South Leicestershire and secured a permanent premises.
PUBLIC BENEFIT STATEMENT
The trustees have considered the general guidance on public benefit issued by the Charity Commission and has taken due regard of that guidance. The trustees consider that they are satisfied that the charity’s activities do benefit the public as it is meeting an identifiable need among local people.
GRANT MAKING POLICY
The charity does not give grants as part of its delivery of activities.
FINANCIAL REVIEW
SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY had secured donations from public donors totalling £116,828 during the year. During the year, the charity had direct project expenditure of £25,912 which were mainly costs related to the delivery of Islamic activities. This generated a surplus of £90,916. The charity has a reserves policy to retain £5,000 for administration costs in furtherance of the objects of the charity and at the end of the period had net assets including property assets of £291,042.
PLANS FOR FUTURE PERIODS
Future plans are to continue providing the Islamic activities and to secure further donations to pay back interest free loans and balance due for the purchase of the property acquired as a permanent place for all activities of the charity which benefit all sections of society.
RESPONSIBILITIES OF THE TRUSTEES
The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY TRUSTEES ANNUAL REPORT (etintimK PERIOD TO 31 OCTOBER 2025 The law applicable to thariti8s in England aThJ Wal8s requires the tnjstees to prepare financlal ststements for each financial year which give a tru8 and fair vigw of the State of affairs of the charty and of the incoming resources and application of resources of the charity for that P8riod. In preparing these financial statements. the trustees arp reqUIrj to: select suitable accounting polici8s and then apply them C(SiStenI1y. observe the methcrfjs and principlés in the Charities SORP; make judgemènts arKI estimates that are rea$able and prudent: state whether applicable aCCntir¥j standards have been followed. subject to any material departures disck6ed and explained in the financial ststements: prepar8 the financial statements on the going g)nc8m basis unless it Is inappropriate to presume that the tharity will o)ntinue in c4)eration. The trustees are responsible for keepiTrJ PT<yer accountiThJ reLords that discbs8 with r8asonable accuracy at any time the financial posttion of the charity and enable them to ensure that the financial ststements comply with the Charities fvLt 1WJ and the Charity (Accnts and Reports) Regulati¢ms 2008. The truste8s are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevent aThJ d8tection of fraud and other wregularities. APPROVAL Thè reFN)rt was approv&4 by the Twsl888 on 3010712026 And ShJned on their behalf by Signature Name: f i Director
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31[st] OCTOBER 2025.
Responsibilities and basis of report
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is sufficient for external scrutiny.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
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to state whether particular matters have come to my attention
Basis of independent examiner’s statement
My examination was carried out in accordance with 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 the 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 examiner's statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
M Suleman 30/07/2026 Principal Accountant c/o Fusion Accounting Ltd, 1[st] Floor, 79 Dorothy Road, Leicester LE5 5DS
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SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY
STATEMENT OF FINANCIAL ACTIVITIES (SOFA) PERIOD TO 31 OCTOBER 2025
| Total Funds | Total Funds | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Period to | Period to | ||
| Funds |
Funds | 31 Oct 25 | 31 Oct 24 | ||
| Note | £ | £ | £ | ||
| INCOME from | |||||
| donations and legacies | 2 |
20,681 | 96,147 | 116,828 | 14,684 |
| charitable activities | |||||
| other trading activity | |||||
| Investment income | |||||
| Other income | |||||
| Total | 20,681 | 96,147 | 116,828 | 14,684 | |
| EXPENDITURE | |||||
| on raising funds | - | 4,577 | 4,577 | 18,129 | |
| charitable activities | 3 | 21,335 | - | 21,335 | 17,317 |
| other expenditure | - | - | - | - | |
| Total | 21,335 | 4,577 | 25,912 | 35,446 | |
| Net Income before Tax | (654) | 91,570 | 90,916 | (20,762) | |
| Tax payable | - | - | - | - | |
| Net income after Tax | (654) | 91,570 | 90,916 | (20,762) | |
| Net gains/losses on assets | |||||
NET INCOME |
(654) | 91,570 | 90,916 | (20,762) | |
| Transfers between funds | |||||
| - | - | - | - | ||
| Net movement in funds | |||||
| - | - | - | - | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 48,881 | 151,245 | 200,126 | 220,888 | |
| Total funds carried | 48,227 | 242,815 | 291,042 | 200,126 | |
| forward |
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SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY
BALANCE SHEET PERIOD TO 31 OCTOBER 2025
| Total Funds | Total Funds | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Period to | Period to | ||
| Funds |
Funds | 31 Oct 25 | 31 Oct 24 | ||
| Note | £ |
£ | £ | ||
| FIXED ASSETS | |||||
| Property – The Old Crown | 5 |
34,740 | 364,510 | 399,250 | 100,000 |
| CURRENT ASSETS | |||||
Cash in hand and bank |
15,767 | - | 15,767 | 161,351 | |
| Total | 50,507 | 364,510 | 415,017 | 161,351 | |
LIABILITIES |
|||||
| Creditors falling due within | 6 |
2,280 | - | 1,530 | |
| one year | |||||
Net current assets |
412,737 | 159,821 | |||
Total assets less current |
412,737 | 159,821 | |||
| liabilities | |||||
| Creditors falling due after | 7 |
- | 121,695 | 59,695 | |
| one year | |||||
| Total Net Assets | 291,042 | 200,126 | |||
| The funds of the charity | |||||
| Unrestricted funds | 48,227 | 48,881 | |||
| Restricted funds | 242,815 | 151,245 | |||
Total |
291,042 | 200,126 |
Balance Sheet continued on next page..
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SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY BALANCE SHEET (continued) PERIOD TO 31 OCTOBER 2025 For the financial year in question Ihe c(bmpany was enlilled to exemption from audit under section 477 of the Companiés Act 2006 relating to small companres. No members have not requwed the (x)mpany to taIn audlt of its accounts for the year in questvjn in acrxjrdance with section 476 of the Companies Act 21X Tho directors acknow18dge their r8spons1biliS for complyiThJ with the requirom8nts of th8 Act wf(h respect to accounting reL¥)rds and tt18 pr8paratk)n of accounts These accounts have been prepared in accordarKe with thè provisK)ns applieAble to CoMpanS subpd to the small companies. regime. These ac(x)unts were approved by the Trust$ on 3010712026 and are signed their behalf by: SKJnature Nam8: Director COMPANY REGISTRATK)N number 14434010
SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY NOTES TO THE FINANCIAL STATEMENTS PERIOD TO 31 OCTOBER 2025
1. ACCOUNTING POLICIES
a) Basis of accounting
The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
b) Fund accounting
Unrestricted funds are general funds that are available for use at the trustees' discretion in furtherance of any of the objectives of the charity.
Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose and the restriction means that the funds can only be used for specific projects or activities.
c) Incoming resources
Voluntary income, including donations, gifts and legacies and grants that provide core funding or are of a general nature, are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract or where entitlement to grant funding is subject to specific performance conditions. Grant income included in this category provides funding to support programme activities and is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
d) Resources expended
Expenditure is recognised when a liability is incurred. Funding provided through contractual agreements and performance related grants are recognised as goods or services are supplied. Other grant payments are recognised when a constructive obligation arises that results in the payment being an unavoidable commitment.
Costs of raising funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.
-8SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY NOTES TO THE FINANCIAL STATEMENTS (continued) PERIOD TO 31 OCTOBER 2025
2. DONATION & LEGACIES – BY FUND TYPE
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 20,681 | 96,147 |
116,828 |
| Total | 20,681 | 96,147 |
116,828 |
3. EXPENDITURE – Charitable Activities
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Rent & Venue Hire | 8,659 | - | 8,659 |
| Repairs & Maintenance | 7,873 | - | 7,873 |
| Event Catering | - | 3,898 | 3,898 |
| Bank & Fundraising Charges | 324 | 679 | 1,003 |
| Light & Heating | 1,045 | - | 1,045 |
| Grants | 990 | - | 990 |
| Sundry Costs | 950 | - | 950 |
| Professional Costs | 750 | - | 750 |
| Insurance | 497 | - | 497 |
| Office Equipment | 167 | - | 167 |
| Stationery Printing | 80 | - | 80 |
| Subtotal | 21,335 | 4,577 | 25,912 |
| TOTAL | 21,335 | 4,577 |
25,912 |
4. Staff Disclosures
Total number of staff employed during the period is 0.
5. FIXED ASSETS
£ Property – The Old Crown Purchase agreement with Pinnacle Global 385,000 Additions – refurbishment 14,250 ====== TOTAL 399,250*
*The charity entered into a purchase agreement with Pinnacle Global Ltd due to a shortfall of funds for the purchase of The Old Crown property and use of premises on a rental basis. At the end of the period, a further £145,000 was payable in order to secure ownership of the property.
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SOUTH LEICESTERSHIRE ISLAMIC COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS (continued) PERIOD TO 31 OCTOBER 20258.
6. LIABILITIES: Amounts falling due within one year
| £ | |
|---|---|
| Trade creditors | |
| Accountancy & Examination Fees for 2023, | 2,280 |
| 2024 & 2025 | |
| ===== | |
| TOTAL | 2,280 |
| 7. LIABILITIES: Amounts falling after one year | |
| £ | |
| Total Interest-free Loans as at 01/11/2024 | 59,695 |
| Interest-free Loans taken | 81,000 |
| Loans repaid during period | (19,000) |
| ======= | |
| TOTAL as of 31/10/2025 | 121,695 |
8. CONNECTED PARTY TRANSACTIONS
None of the directors or connected parties received any remuneration from the charity during the period.