Southampton Centr81 M03quo CIO Report and financial stat8ments For the year ended 31 December 2024 Reg19tered Charity No. 1206795 Southampton Central M08que CIO Flnan¢lalStst•ment& For the year end*d 31 D8¢omb•r 2024 Contgnt8 Pages Charlty Infomi8ti¢)n Rgportof the tru8tee• stst•mont of Flnanclgl Acilvltle8 alance Shoot Notes io the Fln8n¢ial Stgtom•nti Southampton Centrol Mosquo CIO Charlty Infomiatlon Trustees Sharif Ullah Ahmod Mohamrnad Akram Chaudry Goharzaman H8nnan Khaiid Mahmood Z8hirAhmod Prlnclpal Offl¢o Argyle Centre Aryyl• Road Southampton Hampshlre S014 OBQ Charity Number 1206795 Southampton Central Mosque CIO Report of the trustees for the yoar endod 31 DocE4mber 2024 The tTilSteès have pleasure in pr88enting their annual report forthe year 8nd8d 31 December 2024. The financi81 statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Pr8Ctice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland published in October 2019. Objectives and activities for the publlc beneflt The objects of the Trust are to promote the Muslim falth. the relief of poverty amongst the pèople of the Muslim faith. the provision of religious services for peopl8 otthe Muslim faith and g8n8rallyfor th8 provision. maintenance and d8velopment of 8 M05qU8 in Southampton. The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the Trust's aims and objectlV8s in planning future activities. The Trust furthers its charitable purpos8s lor the public benefit by making its facilities and services available to a wider public to practice the Muslim f81th. Plan$ tor the future The aims and objectives of the Trust remain the same as $8t out in this report and the trustees consider that the current activities of the Trust are suitabl& in achieving these aims and objectives. Achievements and portormance The aim of th8 Trust's work is th8 education and practice of tho Muslim faith. The trustees are pleased that the achievements and performance of the Trust demonstrate good progress towards this aim. Financlal review The Trust's work is reliant on donations from the public as well as fees received for the supply of services provided bythe Trust. There were no donation5 or expenditure ineurred during the period. Key managemont pèrsonnel rgmuner8tlo The trustees considerthe board of trustees as comprising the key management personn&l ol the Charity in charge of directing and controlling the Trust and running and operating the Charity on a day-to-day b88is. All trustees give of thèir time freely with no remuneration paid in the year and no trustee expenses being incurred. Trustees are required to disclose all r818vant interests in accordance with the Trust'8 policy and withdraw from decisions where a confli¢t of interest arises. Neither the Trust nor any of the trustees have interests that give rise to a conflict of interest but any such nterests would be disclosed. Reference and administrative dotaiis The adrninistrative details of the Charity cen be found undor Charity Information set out on page 2. Trustee8 Sharif Ullah Ahmed Mohamed Akram Chaudhry Khalid Mahmood Goharzaman Hannan ZahirAhme Trustees. ra8ponsSblUtle$ in rei8tion to the flnanclal statemen18 The Charity trustees are responsible for prep8rlng a trustees. annu81 report 8nd financial statements In 8ccoidanGe with 8pplicable law and United Kingdom Accounting Standards (Unitod Kingdom Generally Accepted Accounting Pfacticel. The 18w applicable to charities in England and Wales requires the Charity twstees io prepare the financial statements for each tinancial year which givè a irue and fair view of the state of affairs of the Charity and of the incorning resources and application of resources for the year. In preparing these financial statements, the trustees are requlred to: 881ect suitable accounting policies and then apply them consistently. • observe the methods and principles in the applicable Charities SORP- make judgements and estimates th8t are reasonable and prudent. • state whether applicable accounting standards have been followed, subjectto any material departures that musi be disclosed and explained in the financial statements. • prepare the financial statements on the going concern basis unless it ig inappropri8te to presume that the Charity will continue to operate. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at anytime the financial position of the Charity and to enable them to ensure that the financial statements comply with th8 Charities Act 2011, the applicable Charitie5 IAccounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsiblè for gafeguardingthe asset5 of the Charity 8nd hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the t tees on ... and signed on their behalf by: Trustee Incoffle Expenditurè Net Income Approved bythe tr tees on . . and signed on thei¥ behalf by- Trustee 1) Accounting Policies The charity's princip81 office address can be found on the Charity Information page. The presentation currency is pound sterling and the figures have been rounded to the ne8rest pound. Basls of prep8ration and assessment of goingGon¢ern The financi81 statements have been prepared under the historical cost convention with items recognised at cost ortransaction valve unless otherwise stated in the r8levant notelsl to these financi81 statements. The financial statements 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 8nd Republic of Ir81and IFRS 1021 effective 1 January 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. The financial statements have been prepared to give a'true and fair, viow and have departed from the Charities (Accounts and Reportsl Regulations 2008 only to the extenl required to provide a'true and fair view,. This departure has involved following the Accounting and Reporting by Charities: Ststement of Recommended Practice applicab18 to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities- Statement of R8commended Practice elfective from 1 April 2005 which has since been withdrawn. The Trust constitutes a Public Benefit Entity as defined by FRS 102. The trustees considerthatthere are no material uncertainties about the Trust's abllityto continue as a going concern. 21 Reconclllatlon with prevlou¥ Generally Accepted Accounting Practico In pr8paringthe accounts, the trustees have consldered whether in applyingthe accounting policies required by FRS 102 8nd the Charities SORP IFRS 1021 a r8Statement of rornparative items was needed. No restatem&nt8 were raquirad. 31 Income recognition All income is recognised once the Charity has entitlement to the income. it15 probable that the income will be received and the amount of income receivable can be measured reliably. Donations are recognlsed when the Charity has been notitied in writing of both the amount and settlement date. Government grénts are recognised in accordance with the 8¢¢rual rnodel. 41 Exponditure rocognlllon Liabilities are re¢ognised as expgnditure as soon as there is a legal or constructivo obligation committingthe Charity to that expenditure. it is probable th8t settlement will be required and the amount of the obligation can be measured reliably. All expenditure 19 accounted for on an accruals basis. 5) Tan8lble fixed 8¥¥ets and depreclatlon All a85ets costing more than £250 8re eapit81ised and valued at historic cost. Depreciation is provided on all fixed assets to spre8d the cost Over the estimated useful lives of the relevant assgts at the following rates: Freehold land and buildings nll.