## **MASJID AR-RAHEEM**
## **ACCOUNTS FOR THE YEAR ENDED**
## **5TH APRIL 2024**
**Registered Charity No: 1201471**
**Dhd & Co 651 Mauldeth Road West Chorlton Manchester M21 7SA**
## **MASJID AR-RAHEEM**
## **TABLE OF CONTENTS**
|**Page**||
|---|---|
|**1**|Trustees and Professional Advisors|
|**2-4**|Trustees Report|
|**5-6**|Statement of Trustees' responsiblities|
||for the accounts|
|**7**|Independent Review|
|**8**|Statement of financial activities|
|**9**|Balance Sheet|
|**10-15**|Notes to the accounts|
**MASJID AR-RAHEEM**
**Page 1**
## **TRUSTEES AND PROFESSIONAL ADVISORS**
## **TRUSTEES:**
Mr. Ziaullah Rahim Ansar Mr. Mohammad Zahid Rahim Mr. Zameer Mahmood Malik
**MAIN OFFICE:** 4 Stanhope Street Ashton-Under-Lyne Tameside OL6 9QZ **BANKERS:** Natwest Bank Plc 219 Stamford Street Ashton-Under-Lyne OL6, 7QH
**ACCOUNTANTS:** Dhd & Co Charterted Certified Accountants 651 Mauldeth Road West Chorlton Manchester M21 7SA
**MASJID AR-RAHEEM TRUSTEES REPORT FOR THE YEAR ENDED 5TH APRIL 2024**
**Page 2**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .
## **STATUS**
Masjid Ar-Raheem is a registered charity under the charity number 1201471. It has no taxable activites and is therefore not liable to UK taxation. It is, however, unable to reclaim VAT on expenditure incurred.
## **Trustees**
The trustees of the charity, under the trust deed, are known as Board members with voting rights. They have no beneficial interest in the charity. All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 9 to the accounts. The trustees undertake a skills audit to identify gaps in Board experiences and new trustees are appointed on a 5-year term to fill these gaps. There is an induction and training plan in place for all trustees to strengthen their role in strategic planning. Trustees are also able to access the organisational training plan and attend any that they feel would be beneficial to their role and/or understanding.
## **Recruitment and Appointment of Trustees**
The Trustees of the charity are known as members of the Management Committee. Under the requirements of the deed, members of the Management Committee shall hold office until the end of their respective term or co-option and shall be eligible for re-election or re-cooption.
## **Trustee Induction and Training**
New trustees are recruited following all recruitment process and a successful induction.
All new trustees are given an induction when they start which gives them up to date information on our services, finances, funding streams, organisational policies and procedures, code of conduct and training on our quality assurance standards. Training is provided for the management committee on roles and responsibilities of a trustee and other relevant training identified to assist and support the work of the trustees.
**Page 3**
## **MASJID AR-RAHEEM**
## **TRUSTEES REPORT FOR THE YEAR ENDED 05TH APRIL 2024 (CONTINUED)**
## **Achievement & Performance**
The Charity provides education to children and elders. The Charity helps individuals and organisations and provides space for religious events etc. The Charity also provides grants to other needy organisations and also provide human resource services in the form of financial aid.
There are regular weekly study circles for men, women and children. These include classes on Quranic sciences and commentary, and Tenets of Belief of the Islamic faith. These classes are led by the local Imams and invited guest teachers. Every month we invite a national or international guest speaker to attend the centre to give a talk or seminar and these are very well attended, with over 100 delegates attending from all over Greater Manchester.
During the weekend we have Arabic learning classes and our ladies have their study circles which act as a platform to discuss religious matters as well as any social issues they may be facing.
Non-Muslims are welcome to attend any of the centre activities as long as they conform to the expected behaviour and dress code within the mosque.
In the past year alone we have specifically invited our Non-Muslim neighbours to the Masjid on numerous occasions to better our relationship with them and to socialise with them. We invited our Non-Muslim friends and neighbours to participate in our celebration and feast for Eid-ul-Adha.
The centre has also been active in liaising with Manchester City Council and Greater Manchester Police (GMP) on community cohesion work. Members of the trust and the Imam have been instrumental in developing and delivering an 'Islamic Awareness Course' suitable for personnel within the public sector who come into contact with Muslims in the public arena, for example the Police, Prison Service, NHS, Council, Senior Managers and Policy Makers.
In addition the centre has welcomed several high profile dignitaries over the year, from both the local British community and the wider worldwide Muslim community
There are times during the course of the year when the centre is busier than normal. These listed below:
## **(a) Friday**
Friday is the holiest day of the week for Muslims and special prayers are offered around early afternoon on this day.
**MASJID AR-RAHEEM**
**Page 4**
## **TRUSTEES REPORT FOR THE YEAR ENDED 05TH APRIL 2024 (CONTINUED)**
## **(b) Ramadhan**
The month of Ramadhan is the period when members of the Muslim community are fasting during the day. The normal prayers are attended by above average numbers and special prayers are offered in the evenings. Food and light refreshments are provided for the attendees in the evening every night of Ramadhan. During the last ten days of Ramadhan the t i 24 h f th d
## **(c) Eids**
The Eid festival is celebrated twice every year by the Muslim community and once again the centre plays its full role in serving the need of the community. The first Eid is celebrated at the end of Ramadhan to mark the passing of the holy month and the second one is held approximately two and half months later to celebrate the end of the annual pilgrimage to Mecca, the Hajj. On Eid days due to the large numbers attending the centre for special morning prayers; we hold three separate prayers to accommodate the extra attendees. The first prayer in English is held at 8.30am and the second in Urdu is held at 9.30am.
## **Charitable Objecctives**
1) The objective of the charity is to promote islamic eduction in the muslim community and advance education particularly among muslim children by the following means and by other means as the trustee shall think fit by:
a) provide, maintain and admister a place of worship (Masjid) for all muslims;
b) provide Islamic education for all muslim children;
c) provide tuition in arabic language for all muslims with a view to promoting the teachings of Holy Quran;
d) provide facilities for the publication of periodicals on the muslim faith and to members of other faiths
## **Financial Review**
In the year to 05th April 2024 the charity had a total income of £52916 and total expenditure of £50836. This resulted in a net surplus for the year of £2080. During this period the charity have used funds collected in the current period to maintain activity levels.
## **Risk Management**
The trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks.
**MASJID AR-RAHEEM**
**Page 5**
## **TRUSTEES REPORT FOR THE YEAR ENDED 05TH APRIL 2024 (CONTINUED)**
## **Trustees responsibilities in relation to the financial statements**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the
In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of
In preparing the accounts, the Trustees are required to;
- Select suitable accounting principles and then apply them consistently; Observe the methods and principles in the applicable Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accurate at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provision of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detention of fraud and other irregularities.
**MASJID AR-RAHEEM**
**Page 6**
# **TRUSTEES REPORT FOR THE YEAR ENDED 05TH APRIL 2024 (CONTINUED)**
**Trustees responsibilities in relation to the financial statements**
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
Approved by the trustees and signed on their behalf by;
**..................**
**Mr. Mohammad Zahid Rahim Trustee**
Date:
**MASJID AR-RAHEEM**
**Page 8**
## **Statement of Financial Activities**
## **For the year ended 5th April 2024**
|**Notes**
**INCOMING RESOURCES**
INCOME FOR THE YEAR
6
**LESS: RESOURCES EXPENDED**
**Cost of generating funds**
Expenditure on charitable activites
6
Governance costs
6
Support costs
6
**TOTAL RESOURCES EXPENDED**
**NET INCOME FOR THE YEAR**
**BALANCE BROUGHT FORWARD**
**BALANCE CARRIED FORWARD**|**£**
**£**
Restricted
General
52,916
-
52,916
46,281
500
4,055
-
50,836
2,080
**-**
**2,080**
**2024**|
|---|---|
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
The notes on pages 10 to 15 form part of these accounts.
**MASJID AR-RAHEEM**
**Page 9**
## **BALANCE SHEET**
|**Notes**
**FIXED ASSETS**
Tangible Assets
3
**CURRENT ASSETS**
Debtors
4
Cash at bank and in hand
**CREDITORS: AMOUNTS FALLING DUE**
5
**WITHIN ONE YEAR**
Creditors
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**ACCUMULATED FUNDS**
Unrestricted funds brought forward
Unrestricted reserves for current year
7
**At 05th April 2024**|**2024**
**£**
5,714
0
14,955
14,955
18,589
18,589
(3,634)
**2,080**
2,080
**2,080**|
|---|---|
We approve these accounts and confirm that we have made available all the information and explanations for their preparation.
## **Trustee Mr. Zameer Mahmood Malik Date :**
**Trustee Mr. Mohammad Zahid Rahim**
The notes on pages 10 to 15 form part of these accounts.
**MASJID AR-RAHEEM NOTES TO THE ACCOUNTS For the year ended 5th April 2024**
**Page 10**
## **1. ACCOUNTING POLICIES**
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## **Basis of accounting**
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
## **Preparation of the accounts on a going concern basis**
The trustees consider that there are no material uncertainties about the charitable company’s ability to continue as a going concern.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.
## **Income recognition**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
## **Donated services and facilities**
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees annual report for more information about their contribution.
**MASJID AR-RAHEEM NOTES TO THE ACCOUNTS (CONTINUED) For the year ended 05th April 2024**
**Page 11**
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
## **Current asset investments**
The charity holds no investments
## **Taxation**
The charity is exempt from corporation tax on its charitable activities
## **Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.
## **Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
Expenditure on charitable activites includes the costs undertaken to further the process of the charity and their associated support costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity’s programmes and activities.
## **Operating leases**
Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the
**MASJID AR-RAHEEM NOTES TO THE ACCOUNTS For the year ended 05th April 2024**
**Page 12**
## **Tangible fixed assets**
Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:
Fixtures & Equipment 25% on cost Computers & Equipment 25% on cost Play Equipment 25% on cost
## **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 at bank and at hand**
The charity’s cash at bank and in hand includes the availability of funds as at 05th April 2024.
## **Creditors and provisions**
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
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **Pensions**
Employees of the charity have been auto enrolled onto a pension scheme to which the charity contributes.
## **2.STAFF COSTS**
|**AFF COSTS**||
|---|---|
||**2024**|
|Staff salaries, E'er NIC & Pension|26,400|
|The average number of employee during the year were.||
||**Number**|
|Administration|5|
|Volunteers|3|
**MASJID AR-RAHEEM**
**Page 13**
## **NOTES TO THE ACCOUNTS For the year ended 5th April 2024**
|**3. TANGIBLE FIXED ASSETS**
**COST**
Additions
At 05th April 2024
Deprecation charges for the year
At 05th April 2024
**NET BOOK VALUE**
At 05th April 2024
**4.DEBTORS**
There are no debtors
**5.CREDITORS**
Creditors & accruals|2024
**Fixtures &**
**TOTAL**
**Equipment**
**£**
**£**
0
0
7,619
7,619
7,619
7,619
1,905
1,905
1,905
1,905
5,714
5,714
**2,024**
**£**
-
-
**2,024**
**£**
18,589
18,589|
|---|---|
**MASJID AR-RAHEEM**
**Page 14**
## **NOTES TO THE ACCOUNTS**
## **For the year ended 5th April 2024**
|**6. ANALYSIS OF INCOME AND EXPENDITURE**
**Income**
Donations & Legacies(Friday collections)
Religious Instructions fees
Donations & Legacies(Mosque Box)
**Icome from Charitable activities**
Lillah, Sadaqa & Jamat collections
Fitrana & other collection
**Expenditure on charitable activities;**
Wages & Salaries and Pension
Religious Instructions fees
Fitrana, sadaka and other donations
Heat and light
Telephone, water & ground rent
**Governance Costs;**
Accountancy & Payroll
**Support Costs;**
Sundry Expenses
Repairs & msintensnce
Bank charges
Depreciation
**NET INCOME**
FUNDS BROUGHT FORWARD
**FUNDS CARRIED FORWARD**|**General**
**Restr-**
**Total**
**icted**
26,516
26,516
-
24,565
24,565
1,835
-
-
-
52,916
-
51,081
-
26,400
26,400
4,758
4,758
14,713
14,713
410
410
46,281
-
46,281
500
500
500
-
500
556
556
1,217
1,217
376
376
1,906
1,906
4,055
-
4,055
-
-
**2,080**
**-**
**2,080**
**05th April 2024**|
|---|---|
**MASJID AR-RAHEEM**
**Page 15**
## **NOTES TO THE ACCOUNTS**
## **For the year ended 5th April 2024**
## **7. ACCUMULATED FUNDS**
|**GENERAL**
**RESTRICTED**
**FUNDS**
**FUNDS**
**£**
**£**
Net income
2,080
-
Balance at 05th April 2024
2,080
-|**TOTAL**
**£**
2,080
2,080|
|---|---|
## **8. CONTROLLING PARTY**
Charity in under the share control of Trustees named on page 1 of the accounts.
## **9. RELATED PARTY TRANSACTION**
There has been no transaction with the trustess during the year in any form. (2024 - nil)