Charity Registration Number : 1205632
## **RAHMAT ISLAMIC COMMUNITY CARDIFF**
A CHARITABLE INCORPORATED ORGANISATION (CIO) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
## **RAHMAT ISLAMIC COMMUNITY CARDIFF**
## **CONTENTS**
FOR THE YEAR ENDED 31 DECEMBER 2025
|Legal and Administrative Information|........................................................................................|1|
|---|---|---|
|Trustees' Report|........................................................................................|2|
|Statement of Financial Activities|........................................................................................|3|
|Balance Sheet|........................................................................................|4|
|Notes to the Financial Statements|........................................................................................|5 - 7|
## **RAHMAT ISLAMIC COMMUNITY CARDIFF**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
FOR THE YEAR ENDED 31 DECEMBER 2025
**Trustees Charity Number Registered Office**
Taiwo Salami Hakeem Olanrewaju Lateef Adebayo Saliman
1205632 3 Dominion Court Gwent Newport NP19 4BN
Page 1 of 7
## **RAHMAT ISLAMIC COMMUNITY CARDIFF**
## **TRUSTEES' REPORT**
## FOR THE YEAR ENDED 31 DECEMBER 2025
The trustees present their annual report and financial statements for the year ended 31 December 2025.
## **Trustee's report and financial statements**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of 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 2019).
## **Trustees**
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Taiwo Salami (Appointed On: 02/08/2023) Hakeem Olanrewaju Lateef (Appointed On: 03/11/2023) Adebayo Saliman (Appointed On: 12/11/2025)
## **Trustee's responsibilities statement**
The trustees, who are also the directors of Charity For Rahmat Islamic Community Cardiff for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law 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, including the income and expenditure, of the charitable company for that year.
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 UK 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 operation.
The trustees are responsible for keeping adequate 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 Companies Act 2006. 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.
This report was approved by the trustees and signed on its behalf by:
------------------------------------------------------------------------
**Taiwo Salami Turstee** Date : **27 July 2026**
Page 2 of 7
## **RAHMAT ISLAMIC COMMUNITY CARDIFF**
## **STATEMENT OF FINANCIAL ACTIVITIES**
FOR THE YEAR ENDED 31 DECEMBER 2025
|**Recommended categories by**
**activity**
**Notes**
**Income and endowments from:**
Donations and legacies
2
**Total**
**Expenditure on:**
Charitable activities
3
Other
5
**Total**
Net income
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted funds**
**£**
8,876.05
**8,876.05**
4,944.59
163.33
**5,107.92**
3,768.13
**3,768.13**
4,514.76
**8,282.89**|**Total Funds 2025**
**£**
8,876.05
**8,876.05**
4,944.59
163.33
**5,107.92**
3,768.13
**3,768.13**
4,514.76
**8,282.89**|**Total Funds 2024**
**£**
9,774.67|
|---|---|---|---|
||||**9,774.67**|
||||5,232.69
27.22|
||||**5,259.91**|
||||4,514.76|
||||**4,514.76**
-|
||||**4,514.76**|
Page 3 of 7
## **RAHMAT ISLAMIC COMMUNITY CARDIFF**
## **BALANCE SHEET**
FOR THE YEAR ENDED 31 DECEMBER 2025
|**Recommended categories by**
**activity**
**Notes**
Fixed assets
Tangible assets
6
**Total fxed assets**
Current assets
Debtors
7
Cash at bank and in hand
8
**Total current assets**
Creditors: amounts falling due within
one year
9
Net current assets
**Total net assets**
**Funds of the Charity**
Unrestricted funds
10
Restricted funds
10
Endowment funds
10
**Total funds**|**Total Funds 2025**
**£**
299.44
**299.44**
750.00
7,633.45
**8,383.45**
400.00
7,983.45
**8,282.89**
8,282.89
-
-
**8,282.89**|**Total Funds 2024**
**£**
462.77
**462.77**
-
4,451.99
**4,451.99**
400.00
4,051.99|
|---|---|---|
|||**4,514.76**|
|||4,514.76
-
-|
|||**4,514.76**|
For the year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the trustees on 27 July 2026 and signed on its behalf by:
**Taiwo Salami Turstee**
Date : **27 July 2026**
Page 4 of 7
## **RAHMAT ISLAMIC COMMUNITY CARDIFF**
## **NOTES TO THE FINANCIAL STATEMENTS**
## FOR THE YEAR ENDED 31 DECEMBER 2025
Charity for RAHMAT ISLAMIC COMMUNITY CARDIFF is a Charitable Incorporated Organization (CIO) in Charity Commission for England and Wales. The registered office is 3 Dominion Court Gwent, Newport, NP19 4BN.
## **1. Accounting Policies**
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
## **1.1 Basis of preparation**
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts 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 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
## **1.2 Going concern**
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
## **2. Income from Donations and Legacies**
|**Analysis**
**Unrestricted funds**
**£**
Donation and gifts
8,876.05
**Total**
**8,876.05**
**3. Expenditure on Charitable Activities**
**Analysis**
**Unrestricted funds**
**£**
Bank charges
484.73
Charity management &
administration
-
IT & website expenses
28.39
Charitable food support
1,313.47
Program venue hire
2,718.00
**Total**
**4,544.59**
Support Costs
400.00
**4,944.59**
**4. Support Costs**
**Analysis**
**Support Costs**
**Governance Costs**
Accountants fees||**Total funds 2025**
**£**
8,876.05
**8,876.05**
**Total funds 2025**
**£**
484.73
-
28.39
1,313.47
2,718.00
**4,544.59**
400.00
**4,944.59**
**Total funds 2025**
**£**
400.00|**Total funds 2024**
**£**
9,774.67|
|---|---|---|---|
||||**9,774.67**|
||||**Total funds 2024**
**£**
147.21
1,317.48
12.00
1,100.00
2,256.00
**4,832.69**
400.00|
||||**5,232.69**|
||||**Total funds 2024**
**£**
400.00|
|||**400.00**
**400.00**||
Page 5 of 7
## **5. Other Expenditure**
|**5. Other Expenditure**|||
|---|---|---|
|**Analysis**
**Unrestricted funds**
**Total funds 2025**
**£**
**£**
Depreciation Charge for the Year -
Computer Equipment
163.33
163.33
**Total**
**163.33**
**163.33**
**6. Tangible Fixed Assets**
**6.1 Cost or valuation**
At 01 January 2025
Additions
Disposals
Revaluations
Transfers
At 31 December 2025
**6.2 Depreciation and impairments**
At 01 January 2025
Charge for the year
Disposals
Revaluations
Transfers
At 31 December 2025
**6.3 Net book value**
At 01 January 2025
At 31 December 2025
**7. Debtors: Amounts falling due within one year**
**Analysis of Debtors**
Other Loan
**Total**
**8. Cash at bank and in hand**
**Analysis**
**Total funds 2025**
**£**
Cash at bank and in hand
7,633.45
**Total**
**7,633.45**||**Total funds 2024**
**£**
27.22|
|||**27.22**|
|||**Computer**
**Equipment**
**£**
489.99
-
-
-
-
**489.99**
27.22
163.33
-
-
-
**190.55**
462.77
**299.44**
**Total funds 2025**
**£**
750.00|
|||**750.00**|
|||**Total funds 2024**
**£**
4,451.99|
|||**4,451.99**|
Page 6 of 7
## **9. Creditors: Amounts falling due within one year**
|**Analysis of Creditors**|||**Total funds 2025**|**Total funds 2025**|**Total funds 2024**|
|---|---|---|---|---|---|
|||||**£**|**£**|
|Accrued expenses||||400.00|400.00|
|**Total**||||**400.00**|**400.00**|
|**10. Charity funds**||||||
|**10.1 Details of material funds held and**||**movements during the CURRENT reporting period**||||
|**Fund names**|**Fund balances**
**brought forward**|**Income**||**Expenditure**|**Fund balances**
**carried forward**|
||**£**|**£**||**£**|**£**|
|**Unrestricted funds**||||||
|**Total**|**4,514.76**|**8,876.05**||**5,107.92**|**8,282.89**|
|**10.2 Details of material funds held and**||**movements during the PREVIOUS reporting**||||
|**period**||||||
|**Fund names**|**Income**||**Expenditure**
**Fund balances carried**
**forward**|||
|||**£**||**£**|**£**|
|**Unrestricted funds**||||||
|**Total**|**9,774.67**|||**5,259.91**|**4,514.76**|
Page 7 of 7