## **IZQILAR**
## **REPORT AND ACCOUNTS**
**PERIOD**
**ENDED 31**
**DECEMBER**
**2024**
## **IZQILAR**
## **REPORT AND ACCOUNTS 2024**
## **CONTENTS**
||Page|
|---|---|
|Organisation's Information|3|
|Report of the Trustees|4-6|
|Independent Examiner’s Report|7|
|Statement of financial activities|8|
|Balance Sheet|9-10|
|Notes to the Accounts|11-14|
2
## **IZQILAR REPORT AND ACCOUNTS 2024**
## **IZQILAR’S INFORMATION**
**REGISTERED CHARITY NO:** 1206727
**BOARD OF TRUSTEES:** Nur Muhammed Palvan Trustee/Chairman Abdulla Abdusamet Trustee/General Secretary Muhtar Memed Trustee Kurban Kasim Trustee **CHARITY ADDRESS:** 611A Green Lanes London N13 4EP **BANKS:** Lloyds Bank Zempler **INDEPENDENT** Mohammed Bazlur Rahman **EXAMINER:** BRM Accountants 322 Hertford Road Edmonton London N9 7HB
3
## **IZQILAR - REPORT OF THE TRUSTEES**
The members of the board of trustees present their report for the period ended 31 December 2024.
## **Governing document**
The charity is operated under the rules of its constitution adopted 26 January 2024. Overall management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the constitution deed. Day-to-day project activity is managed and carried out by the Executive committee.
## **Board of Trustees**
The members of the board of trustees have no beneficial interest in IZQILAR and are not remunerated.
## **Aims and objectives**
The aims and objects of the IZQILAR shall be to:
1. Study, practice and teach Islam in accordance with the Quran and Hadiths.
2. Promote the interest and well-being of Muslims in the UK.
3. Found, build and maintain Islamic and other educational institutions.
## **Activities**
IZQILAR provides a focus of activities for Uyghur Muslims living in the United Kingdom, particularly in London and surrounding areas. This enables the organisation of religious, educational, cultural and social life within the community in light of the Uyghur and Islamic teachings and traditions.
## **Summary of the main achievements during the period**
During the period, IZQILAR conducted regular prayers, Islamic classes, and cultural events. It supported those in need with food, clothing, and small grants. The charity also offered educational workshops and promoted community inclusion through social activities, all for public benefit.
The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit when planning and carrying out the charity's activities. IZQILAR Charity provided regular prayer services, educational classes, and cultural activities that supported spiritual and personal growth. It assisted families in Need with essential aid and helped reduce isolation through community events.The charity's work strengthened community bonds and promoted social inclusion and cultural awareness within wider society.
Our very generous congregation contributes to a wide range of UK registered charities coming to collect Sadaqah Jariyah from our Mosque, and we are also thankful for their consistent contributions to support our work.
The organisation also played an active role in the organisation of a multi-faith dialogue and meeting with other faith groups. The organisation continues to make contribution towards collections for the Uyghurs, Turkey, Palestine and other worldwide appeals. In addition, within the community the organisation continues to support vulnerable members of our society through giving Zakatul Fitr and other welfare assistance.
4
The mosque continues to render services to Muslims and non-Muslims alike, on a continuous basis. Members and non-members come to the mosque to seek support in facilitating their nikkah, aqiqah, Fidau and special prayers, without ceasing. The mosque has come to be known as a place where they can meet all their Islamic needs. The Imam continues to engage with the the non-Muslim community. This helps in fostering integration and cohesion within the community.
We continue to work with other faith groups and with Enfield Council, disseminating useful information and directing our members and the wider community at large to other services that can be of benefit to them, e.g. help with coping with the rising cost of living, health issues etc.
This year was also a year of renovations with the whole Mosque being painted both internally and externally, whilst undertaking significant refurbishments and the associated fundraising efforts remains our mid to long-term aim.
## **The charity’s policy on reserves**
The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately six months of unrestricted charitable expenditure in addition to funds designated towards meeting the long-term objective of the charity to acquire its own place of worship and community centre. Our policy is, therefore, to continue building up our free reserves to the ideal level by means of annual operating surpluses and judicious management of our investment assets, supplemented by general-purpose appeals from time to time.
## **Risk Management**
The charity trustees have considered the major risks to which the charity is exposed and have reviewed those risks and established systems and procedures to manage those risks. The trustees annually review the risks that the charity faces. To date these have mainly related to:
- Achievement of our aims and objectives; and
- Meeting the expectations of our beneficiaries and supporters.
The trustees review these risks on an ongoing basis and satisfy themselves that adequate systems and procedures are in place to manage the risks identified.
## **Responsibilities of the Board of Trustees**
The board of trustees is required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of IZQILAR as at the balance sheet date of its incoming resources and resources for the year ended. In preparing those financial statements, the Executive Committee is required to:
- select suitable accounting policies and then apply them consistently.
- make judgements and estimates that are reasonable and prudent.
- state whether applicable accounting methods have been followed, subject to any material departures disclosed and explained in the financial statements
- prepare the financial statements on the going-concern basis unless it is inappropriate to assume that the IZQILAR will continue on that basis.
5
The board of trustees is responsible for keeping proper books of accounts such as are necessary to give a true and fair view of IZQILAR’s state of affairs and to explain its financial transactions. IZQILAR must also establish and maintain a satisfactory system of control of its book of accounts, its cash holdings and all its receipts and remittances, and hence is responsible for safeguarding the assets and taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Financial Statements**
The financial statements for the period ended 31 December 2024 are presented in accordance with the Statement of Recommended Practice (SORP): “Accounting by Charities”.
The overall financial performance recorded a net incoming resources of £20,784 in 2024, its first year. Any surplus funds which are not likely to be needed to pay for activities are placed in a deposit account.
The trustees declare that they have approved of the trustees’ report above.
Signed on behalf of the charity’s trustees:
**Nur Muhammed Palvan Trustee/Chairman** 11 July 2025
6
## **Independent examiner’s report to the trustees of IZQILAR for the period ended 31 DECEMBER 2024**
I report on the accounts of the Trust for the period ended 31 December 2024, which are set out on pages 8 to 14.
## **Respective responsibilities of trustees and examiner**
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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act.
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the 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 you as 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 matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mohammed Bazlur Rahman BRM Accountants 322 Hertford Road, Edmonton, London N9 7HB
11th July 2025
7
## **IZQILAR Statement of financial activities for the period ended 31 DECEMBER 2024**
|Note
**Incoming Respirces**
Donations
2
Other income
Bank interest
**Total incoming resources**
**Resources expended**
Food expenses
Wages & Salaries
Employer's National Insurance
Rates incl water
Cleaning
Printing, Stationery, Postage
Insurance
Building Maintenance
Bank charges & interest
Light and Heat
Advertising
Telephone
Travelling expenses
Legal and Professional Fees
Accountancy
Depreciation
Sundries
**Net incoming/(outgoing) resources**
Total funds brought forward
**Total funds carried forward**|**2024**
**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
£
£
£
88,020
0
88,020|
|---|---|
||88,020
0
88,020|
||3,951
3,951
0
0
0
0
37
37
145
145
1,004
1,004
2,462
2,462
52,704
57,704
71
71
883
883
300
300
226
226
335
335
1,053
1,053
1,000
1,000
3,060
3,060
5
5|
||67,236
0
67,236|
||20,784
0
20,784
0
0
0
20,784
0
20,784|
8
## **IZQILAR Balance sheet As at 31 DECEMBER 2024**
|**Note**
Tangible assets
3
**Current assets**
Cash at bank and in hand
4
Debtors and Prepayments
5
Total current assets
**Liabilities**
Creditors falling due within one year
6
Net current assets/(liabiltiies)
**Total Assets Less Current Liabilties**
Creditors: Amounts falling due
after more than one year
**Total Net Assets**
**The funds of the**
**charity**
Unrestricted income funds
Restricted income
funds
**Total funds**|**2024**
£
17,345
4,439
0|
|---|---|
||4,439
(1,000)
3,439|
||0|
||20,784|
||20,784
0
20,784|
9
## **IZQILAR Balance sheet (Continued) As at 31 DECEMBER 2024**
The trustees declare that they have approved the accounts above. Signed on behalf of the charity’s trustees on 11[th] July 2025:
………………………… Nur Muhammed Palvan **Trustee/Chairman**
…………………………. Abdulla Abdusamet **Trustee/General Secretary**
10
## **IZQILAR Notes to the accounts for the period ended 31 DECEMBER 2024**
## **1. Accounting policies**
## **Basis of the preparation of the accounts**
These financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice (SORP revised 2005), and applicable accounting standards.
## **Incoming resources**
All material incoming resources have been included on a receivable basis – i.e. they are included if the date receivable falls within the period covered by these accounts.
## **Resources expended**
These have been analysed using natural classification.
## **Fixed assets and depreciation**
Tangible fixed assets costing more than £100 are capitalised and included at cost including any incidental expenses of acquisition.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less than their estimated residual value, over their expected useful economic lives on the following bases: Furniture and Fixtures - 1 5 % reducing balance
## **2. Donations**
|Note
General donations
Subscriptions
Total donations|**2024**
**2024**
**2024**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
£
£
£
88,020
0
88,020
0|
|---|---|
||88,020
0
88,020|
11
## **IZQILAR Notes to the accounts for the period ended 31 DECEMBER 2024**
## **3. Tangible assets**
|**Cost**
At 26 January 2024
Additions
Disposals
At 31 December 2024
**Depreciation**
At 26 January 2024
Disposals
Charge this period
At 31 December 2024
**Net book value**
At 31 December 2024
**4. Cash at bank and in hand**
Cash at bank
Cash in hand
**5. Debtors and prepayments**
Debtors and prepayments
Debtors|**Building**
£
0
0|**Furniture**
**&**
**Fixtures**
**Total**
**2024**
£
£
20,405
54,623
0
0|
|---|---|---|
||0|0
54,623|
||0
0
0|0
0
0
0
3,060
3,060|
||0|0
0|
||||
||0|17,345
17,345|
|||**2024**
£
4,439
0
4,439
**2024**
£
0
0|
## **IZQILAR**
12
## **Notes to the accounts for the period ended 31 DECEMBER 2024**
## **6. Creditors**
|**6. Creditors**||
|---|---|
|**Current liabilities - Creditors under 1 year**
Accountancy
Loans
PAYE & NI & Salaries|**2024**
£
1,000
0
0|
||1,000|
|**7. Analysis of net assets by fund**
Net current assets|**2024**
**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
£
£
£
20,784
0
20,784
20,784
0
20,784|
|---|---|
13
## **IZQILAR Notes to the accounts for the period ended 31 DECEMBER 2024**
## **8.Taxation**
IZQILAR is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for charitable purposes.
## **9. Trustees’ remuneration, benefits and expenses**
No trustees received any remuneration during the period.
## **10. Related party transactions**
There were no related party transactions during the period.
## **11. Independent examination and accountancy services**
During the period, the cost of the examination and accountancy services was £1,000.
14