Charity registration number: 1201707
## Cricklewood Muslim Youth Trust
Annual Report and Financial Statements
for the Year Ended 30 April 2025
## **Cricklewood Muslim Youth Trust**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8 to 13|
## **Cricklewood Muslim Youth Trust**
## **Reference and Administrative Details**
**Trustees** Majid Ishaque Mourad Hammache Fida Hussain **Charity Registration Number** 1201707 **Principal Office** 209 Cricklewood Broadway London NW2 3HS
Page 1
## **Cricklewood Muslim Youth Trust**
## **Trustees' Report**
The trustees present the annual report together with the financial statements of the charity for the year ended 30 April 2025.
## **Objectives and activities**
## _**Objects and aims**_
The objects of the charity are;
1. Improve the conditions of life of the inhabitants of England, without the distinction of political, religious, or other opinions, by the provision of a community centre for the use of the inhabitants, including use for meetings, lectures and classes, and for other forms of recreational and leisure use.
2. Advance the Muslim religion in England for the benefit of the public, through the holding of prayer meetings, lectures, and public celebration of religious festivals, to enlighten others about the Muslim religion.
3. The prevention or relief of poverty in England, by providing grants to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.
## _**Public benefit**_
The charity carries out a wide range of activities in pursuance of its charitable aims. The trustees consider that these activities, summarised below, provide benefits to the local community and beyond.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Achievements and performance**
EID UL FITR celebrations commemorating the end of the holy month of Ramadhan took place on Monday 31 March 2025 and consisted of congregational prayers, eid gifts, due to the poor weather the annual prayer was not held in Gladstone Park and took place in the centre on the Broadway.
THE EID UL ADHA Festival was organised and held at the centre on 6th June 2025. This multi cultural event was very well attended by families from a diverse range of ethnicities and backgrounds.
## THE HOLY MONTH OF RAMADAN
Daily programs were held for 30 days starting from March 1st 2025 which consisted of reciting of supplications and recitations of The Holy Quran followed by congregational prayers and the serving of food (IFTARI) to break the daily fast.
## OTHER ACTIVITIES
The charity also started a kickboxing club for children as well as began providing tuition to local children in preparation for their GCSE exams.
## **Financial review**
The statement of financial activities shows net income of £3,178 (2024 - £Nil) for the period. Total funds as at 30 April 2025 stood at £3,178 (2024 - £Nil). The trustees consider the state of the charity's affairs to be satisfactory.
## _**Policy on reserves**_
The charity continues to build up and keep sufficient reserves in order to meet its charitable objectives.
Page 2
## **Cricklewood Muslim Youth Trust**
## **Trustees' Report (continued)**
## _**Principal funding sources**_
The charity organises various events throughout the year and makes personal appeals to private individuals and organisations.
## _**Risk management**_
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
## **Plans for future periods**
## _**Aims and key objectives for future periods**_
Looking ahead, the charity aims to:
• Expand community centre activities to reach more residents and provide additional educational and recreational programs. This will be made possible by refurbishing the current premises as the current condition requires repairs to some perennial issues such as ventilation and heating.
• Strengthen interfaith and community engagement initiatives to foster a greater understanding of the Muslim religion.
• Enhance fundraising efforts to increase support for the centre's work in the local area.
## **Structure, governance and management**
## _**Nature of governing document**_
The charity was established by a declaration of trust dated 1 November 2022 and amended by a supplemental deed dated 3 March 2023.
The charity is administered in accordance with the powers invested in the trustees, as documented in the trust deed.
There are no specific restrictions with regard to the way in which the charity may operate provided that the objects of the charity as documented are met.
Page 3
## **Cricklewood Muslim Youth Trust**
## **Trustees' Report (continued)**
## _**Recruitment and appointment of trustees**_
(a) There must be at least three charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee.
(b) The maximum number of charity trustees is twelve. The charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum.
In selecting individuals for appointment as trustees, the trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity and meet the eligibility criteria within the trust deed.
The trustees must keep a record of the name and address and the dates of appointment, reappointment and retirement of each trustee.
## _**Major risks and management of those risks**_
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate system and controls are in place to mitigate identified risks.
A key risk faced by the charity is that of financial sustainability. The trustees regularly review the availability of liquid funds along with actively managing the charity’s working capital to ensure this risk is mitigated.
Non-financial risks arising from the welfare activities and religious activities the charity engages in have also been considered. These consist of health and safety risks, food hygiene risks, and fire risks that are related to the performance of the charity's activities. These risks are managed by ensuring health and safety, fire, and food hygiene laws and regulations are followed, along with training for volunteers working in all of these operational areas.
Page 4
## **Cricklewood Muslim Youth Trust**
## **Trustees' Report (continued)**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees 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 the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The annual report was approved by the trustees of the charity on 27 February 2026 and signed on its behalf by:
......................................... Majid Ishaque Trustee
Page 5
## **Cricklewood Muslim Youth Trust**
## **Statement of Financial Activities for the Year Ended 30 April 2025**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Total income
**Expenditure on:**
Raising funds
3
Charitable activities
4
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds carried forward
10|**Unrestricted**
**funds**
**£**
14,592
14,592
(10,655)
(1,432)
(12,087)
2,505
2,505
2,505|**Restricted**
**funds**
**£**
673
673
-
-
-
673
673
673|**Total**
**2025**
**£**
15,265
15,265
(10,655)
(1,432)
(12,087)
3,178
3,178
3,178|**Total**
**2024**
**£**
-|
|---|---|---|---|---|
|||||-|
|||||-
-|
|||||-|
|||||-|
|||||-|
|||||-|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 10.
The notes on pages 8 to 13 form an integral part of these financial statements. Page 6
## **Cricklewood Muslim Youth Trust**
## **(Registration number: 1201707) Balance Sheet as at 30 April 2025**
|**Note**
**Current assets**
Cash at bank and in hand
8
**Creditors: Amounts falling due within one year**
9
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
**Unrestricted income funds**
Unrestricted funds
**Total funds**
10|**2025**
**£**
13,130
(9,952)
3,178
673
2,505
3,178|**2024**
**£**
-
-|
|---|---|---|
|||-|
|||-
-|
|||-|
The financial statements on pages 6 to 13 were approved by the trustees, and authorised for issue on 27 February 2026 and signed on their behalf by:
......................................... Majid Ishaque Trustee
The notes on pages 8 to 13 form an integral part of these financial statements. Page 7
## **Cricklewood Muslim Youth Trust**
## **Notes to the Financial Statements for the Year Ended 30 April 2025**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
Cricklewood Muslim Youth Trust meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Disclosure of long or short period**
The comparative figures in these financial statements covers period from 25 January 2023 i.e. the date of registration of the charity till 30 April 2024.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Judgements and key sources of estimation uncertainty**
In the application of the accounting policies, Trustees are required to make judgement, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affected current and future periods.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources.
Page 8
## **Cricklewood Muslim Youth Trust**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
## _**Raising funds**_
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## _**Grant expenditure**_
Grants payable are charged in the year when the offer is conveyed to the recipient. Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure. Where a grant has been made for the benefit of an individual, or a group of individuals, through the means of an institution, this is recorded as a grant to the institution.
## _**Grant provisions**_
Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.
## **Support costs**
Support costs include central functions such as governance cost, finance and information technology incurred directly in support of expenditure on the objects of the charity. They have been allocated to activity cost categories on a basis consistent with the use of resources.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
## **Irrecoverable VAT**
Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Page 9
## **Cricklewood Muslim Youth Trust**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
## **Trade creditors**
Creditors 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 are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted income 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.
## **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.
## **2 Income from donations and legacies**
|Donations and legacies;
General donations|**Unrestricted**
**funds**
**General**
**£**
14,592
14,592|**Restricted**
**funds**
**£**
673
673|**Total**
**2025**
**£**
15,265
15,265|**Total**
**2024**
**£**
-|
|---|---|---|---|---|
|||||-|
## **3 Expenditure on raising funds**
## **a) Costs of generating donations and legacies**
|**Note**
Other direct costs of generating voluntary
income|**Unrestricted**
**funds**
**General**
**£**
10,655|**Total**
**2025**
**£**
10,655|**Total**
**2024**
**£**
-|
|---|---|---|---|
Page 10
## **Cricklewood Muslim Youth Trust**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
## **4 Expenditure on charitable activities**
|Governance costs|**Unrestricted**
**funds**
**General**
**£**
1,432|**Total**
**2025**
**£**
1,432|**Total**
**2024**
**£**
-|
|---|---|---|---|
## **5 Analysis of governance and support costs**
## **Governance costs**
|Professional fees
Bank charges|**Unrestricted**
**funds**
**General**
**£**
1,250
182
1,432|**Total**
**2025**
**£**
1,250
182
1,432|**Total**
**2024**
**£**
-
-|
|---|---|---|---|
||||-|
## **6 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
Page 11
## **Cricklewood Muslim Youth Trust**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
## **7 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **8 Cash and cash equivalents**
|**8**
**Cash and cash equivalents**||||
|---|---|---|---|
|Cash at bank
**9**
**Creditors: amounts falling due within one year**
Accruals
**10 Funds**
**Balance at 1**
**May 2024**
**£**
**Unrestricted funds**
General
-
**Total unrestricted funds**
-
Zakat Fund
-
**Restricted funds**
-
**Total funds**
-
**11 Analysis of net assets between funds**
Current assets
Current liabilities
Total net assets|**Incoming**
**resources**
**£**
14,592
14,592
673
673
15,265
**Unrestricted**
**funds**
**General**
**£**
12,457
(9,952)
2,505|**2025**
**£**
13,130
**2025**
**£**
9,952
**Resources**
**expended**
**£**
(12,087)
(12,087)
-
-
(12,087)
**Restricted**
**funds**
**£**
673
-
673|**2024**
**£**
-|
||||**2024**
**£**
-|
||||**Balance at 30**
**April 2025**
**£**
2,505|
||||2,505|
||||673|
||||673|
||||3,178|
||||**Total funds at**
**30 April**
**2025**
**£**
13,130
(9,952)|
||||3,178|
Page 12
## **Cricklewood Muslim Youth Trust**
## **Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)**
## **12 Analysis of net funds**
|**12 Analysis of net funds**||||
|---|---|---|---|
|Cash at bank and in hand
Net cash
Net cash|**At 1 May 2024**
**£**
-
-
**At 1 May 2023**
**£**
-|**Net cash flow**
**£**
13,130
13,130
**Net cash flow**
**£**
-|**At 30 April**
**2025**
**£**
13,130|
||||13,130|
||||**At 30 April**
**2024**
**£**
-|
## **13 Related party transactions**
During the year the charity made the following related party transactions:
## **Chairman**
During the year, the Chariman donated to the charity the sum of £50 (2024: £Nil). At the balance sheet date the amount due to/from Chairman was £Nil (2024 - £Nil).
Page 13