REGISTERED COMPANY NUMBER: 00522908 IEngland and Wales) REGISTERED CHARITY NUMBER:241402 oft Finan ments fo rEn l Octob r2 24 Woki ueTr Limi
The Wokin Mos Con for the Y Financial stsiemen clo r 2024 Pa8¢ Operating and Financial Review Report of the Trustees 2 to 4 Indcp¢ndent Ex8miner'g Report Statement of Financial Activities Balance Sheet Notes lo the Financial Statements 9 to 14 Dctsiled Statemenl of Finhncial Activities 15 to 16
Limite eratin f r the Year and Financial R view ber 20 The trust made a Small profit in the year of £8,969 (2023: £82.161) on unrestricted income and expenditure, Total Reserves on 31st October 2024 stand at £1.367.783 {2023: £1.358.814), and bank balances have increased due to the profit for the ycar. The main asset of the mosque remains unchanged at the historic valuation. It is the policy of the trust that unreslrickd funds which have not been designated for a specific use should be maintained at 8 level equivalenl of twelve month's expenditure. The trustees Consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the tru5t'5 current activities while consideration is given to ways in which additional funds may be raised. The main sources of donations are Friday collections, online donations by individuals, specific donation appeal, Nikah or marriage fees and Fttrana. Fitrana and specifi donation appeals are taken as re51ri¢ted income and ihcsc funds are used in its spirit as allowed by Sharia Law. Thi5 level of reserves has been mainthined throu8houi th¢ year. The truslees have assessed the major risks to which the trusl is exposed and are salisficd that systems are in place to miiigale exposure to the m8jor risks. Page 1
The Wokin Mos u¢ TnLSt Limi Ihe Tntstees he Y Ended 31 October 2024 for The Directors and truslees pres¢nt their report and accounts for th¢ year ¢nd¢d 31 October 2024. Thc financial ststements have been prepared in accordance with the accounting wli¢ies set out in note l io ihe financial stat¢ments and comply with the governing documcni the Companies Act 21)06 and "Accounting and Rep)rting by ChaTities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial ReJx)rtin8 Standard applicable in the UK and Republic of Ireland (FRS 102) (¢ffwtive l January 2019)" The trust's objects are the use of the Shah Jahan Mosque. BTitain's rst purpse-built mosque in Woking. Surrey. The policies adopted in filltherdrice of these objects are, the daily use for worship and education, together with upkeep of the buildings and there has b¢¢n rK) change in these during the year. The trustees have paid due regard to guidantt i&sued by the Charity Comrnission in deciding what activities the trust should undertske. ACHIVEMENTS AND PERFORMANCE All activities have continued as nomul by providing worshipers the facilities necessary to rnaintsin pcace ond hamony. During the year a lot of maintenance and renovation has been underthken at the Mosque. including the three flats and Imarn's residence. Two flats ate now uplated and will be let as soon as possible through a letting agen¢y in order to achieve maximum rent and security. One bedroom flat and Imam's flat is within the main Sir SALAR Jung Mernorial House. which is a grade11 listed building and requires much specialist work Safety work is in progress. coTrsultation with specialist builder5 and Heritage England is ongoing to start work at the eaTliesL The Main (w05hrooms, (Wudu hreas) toilets by the mosque and Hall 4 are all upjated and reopened. Addilional day room is being built within hall 4 to provid¢ fa¢ilities for weddings and family use. Mosque Garden and parking area has been greatly improved by generous donors and volunteers. Various charity initiativcs have been supported via community fun days and charity car washes. We look to carry on all the FK)Sitive work and incr¢ase outreach and community 5upporL Page 2
The Wokin ue Tntst Limite rt fiheT f he Year Ended 31 OctoEtr 2024 STRuuRE, GOVERNANCE AND MANAGEMENr OTganisalM)nal structure The Trnst is a company limited by guaranlce. None of the trustees has any beneficial interest in the Company. All of the tn¢¢$ aff members of the company. The company's current policy conc1n8 the payment of tre creditors is to follow the CBI'S Prompt Payers Code (copies are available from the CBI. Centre PoinL 103 New Oxford Street, London WCIA IDU). The company's current p)licy concerning the payment of trade creditors is to: Settle the tems of payment with suppliers when agreeing the teThns of each transaction. Ensure that suppliers are made aware of the tem)s of payment by inclusion of the relevant t¢rn)s in contracts. and pay in accordance with the company's contractual and other l¢gal obligations. Trade creditors and accruals of the eompany at the year-end were £2.100 (2023: £2,100). The following were mcmbcrs of the Committee during the period. Misdaq Zaidi Shamas Tabrez Khalil Nazir Muhammad Habib Imam Saeed Hashmi Director Director and Athninistrator Tr¢asurer Manager Pcsh Imam REFERENCE AND ADMINISTRATIVE DETAILS Regi¥tered Company number 00522908 (England and Wales) Registered Charity Dumber 241402 Registered Olee 241 Mitcham Road London SW179JQ Page 3
D¢fM¢¢ A#a¢hé of Pakistan M Zaidi S Tabrez Rmlly l Mythelj H8 SW19 2NN Approved by othofthe imxrd of Inul¢w on 21 2025 md on its behfiifby.
endent Examine¢s R rt to the TnLgt Wokin mited Independent examiner's report to the trustees of The Woklng Mosque Trnst Llmited ethe Company I report to the charity trustees on my examination of the aceounts of the Company for the year ended 31 October 2024. Respon$iblJltles and basis of report As the charity's trust¢es of the Company (and also its directors for the PUTposes of company law) you are responsible for the prepardtion of the accounts in acrdanCe with the requirements of the CompaDiCS Act 2006 Cthe 2006 Ace). Having satisfied myself that the accounts of the Company are not requir to be audited under Part 16 of the 2006 Act and are eligible for iDdep¢nda)t examination, I rew)rt in respect of my examination of your charitys accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 ACV). In carying out my examination I have followed the Directions giv¢n by the Charity Commission UDd¢r section 145(5) (b) of the 2011 ACL Independent examiner's statement Since the Company's gmss income exceeded £250.(m your examiner must bc a member of a body listed in s¢ction 145 of the 2011 Act. I confirnj that l am qua'fied to undertake the examination because I a member of [Association of Chartered Certified Accountants]. which is one of the listed bodies. I have completed my ¢xamination. I confirni that no rnatters hav¢ come to my attention in connection with the examination givin8 me cause to believe: accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act" or the aOUnts do not accord with those rccords" or the accounts th) not comply with the accounting requirements of section 396 of the 2006 Act other than any r¢quirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance with the rnethods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable ID the UK and Republ. of Ireland (FRS 102)). I have no concerns and h com¢ across no other nntters in connection with the examination to which attention shou e drawn in this report in OTd¢T to enable a prop¢r understanding of the acco tstober eshan M FCCA GiTach & Mannan Ltd l Mychell House Pincott Road Wimbledon, London SW19 2KN 29 May 2025 Page 5
The Wokin ue Tn1 Limi Slat inancial Activities for ihe Year Ended 31 October 2024 31.10.24 31.10.23 Total Total funds funds UJ)restricled R¢stricted fund fund Notes INCOME AND EIYDOWMENTS FROM Donations and legacies 336,452 4,017 340,469 373,886 Rental Income Other Income 8.140 750 8,140 750 26,325 Total 345,342 4.017 349.359 406.108 EXPENDITURE ON Charitsble activities Education and Support Building and Maintenonce Charitsble Donations 240,068 22,033 73.053 240,068 22.033 73,053 227.555 7,911 83285 Governan¢¢ Costs 5236 5.236 Total 340J90 340,390 323.947 NET INCOMEI(EXPENDITURE) 4.952 4.017 8,969 82,161 Net movement in funds 4.952 4.017 8,969 82,161 RECONCILIATION OF FUNDS Total funds brought forward 1,351134 6.681 1.358,814 1.276,653 TOTAL FUNDS CARRIED FORWARD 1.357.086 10.698 1.367.783 1,358.814 The ststrrnent of financial activities includes all gains and ]osses recognised in the year. All income and expenditurc derive from continuing aetivities. The statement of financial activlties also complies with the requiremcnts for an income and expenditure account under the Companies Act 2006. The notes forni part of these fnancial statements
The Woki Mos 31 October 2024 31.10.24 Total funds 31.10.23 Total funds Unrestricie4J Restrici¢d fund Notes FIXED ASSETS Tangible assets 649,952 649,952 650,613 cuRRET ASSETS Debtors Cash at bank and in hand 3,461 3,461 726 908 3.461 730,368 730.368 719,928 CREDrroRS Amounts falling due within one year (7,537) (7.53D (6,727) NET CURRE ASSETS 713.201 TOTAL ASSETS LESS CURRE LLIBILITIES 1.372.783 1.372.783 1363.814 PROVISIONS FOR LIABILTfiES (5.0(Xi) (5.000) (5,000) NET ASSETS 1.367.783 1367.783 1358 814 FUNDS Unrestricted funds: General fund Revalualion reserve Restricted funds: Restricted Donations io ,146,377 1.141.425 210,708 210,708 TOTAL FUNDS 1.367 783 1358 814 Thc ¢haritabl¢ company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024. The members have not required the company to oblain an audit of its fmancial statements for the year ended 31 Octob¢r 2024 in accordance with Section 476 of the Companies Act 2006. The notes fomi part of these financlal statements continu8d...
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ue Trust Limited te to the Fin for the Year Ended 31 O¢tober 2024 ACCOUNTING POLICIES Charlty information The Woking Mosqu¢ Trust Limited is private company Ilmited by guardntee incorporated in England And Wales. Th¢ registered olrice is 241 Mitcham Road, Londo SW17 9JQ. Basis of preparing the financial Statements The financial ststements of the charitable company. which is a public benefit entity under FRS 102, have beeTJ prepared in aordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Ststement of Recommended Practice applicable to chariti¢S preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l JAnuary 2019),, Financial Reporting Standard 102 The Financial Reporting Sthndard applicable in the UK and Republic of Iland, and the Companies Aci 2006. The financial statements have been prepared under the historiul cost convention. Going ¢oneern At the time of approving the financial statements, the trustees hav¢ a reasonable expectatFon thal the trust has adequate rcsour¢¢s to continue in operational existence for the foSeeable future. Thus the trustees continue to adopt the going conccm basis of accounting in preparing the financial statements. In¢ome All income is recognised in th¢ Ststement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obllgation committing the charity to ihat expenditure, it is probable that a transfer of cconomtc benefits will be required in settlement and the amount of the obligation can be meaSUd reliably. Expenditure is accounted for on an accruals basis and has been Classified under headings ihat agggate all cost related to the Category. Tangible fixed assets Depreciation is provided at the following annual rat¢5 in order to write off each asset over its estimated useful life on reducing balance method basis: Land and buildings LeahOld land and buildings Plant and machinery Fumiture. Fixture and Fittings Fund accounting Unrestricted funds can b¢ used in accordance with the charitable objectives at the discretion of the trustees. Restri¢t¢d funds can only be used for particular restrickd PUTposes within the objects of the charity. Further explanation of th¢ nature and purpose of each fund is included in the notrs to the financial slatements. The notes fomi part of these finan¢Sal statements Page 9 conlinued...
Limite Note for in cial Ended 31 (kto linu RENTAL INCOME 31.10.24 31.10.23 Rents received NET INCOMEI{EXPENDITURE) Net incomcl(expenditure) is staled after ¢har8in81{crediting).' 31.10.24 31.10,23 Dcprcciation - own¢d assets 661 992 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneralion or other benefjts for the year ended 31 October 2024 nor for th¢ year ended 31 October 2023. Trujtees, ¢xpen8eJ There were no trustees, expenses paid for ihc y¢ar cnded 31 October 2024 nor for the year ended 31 October 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted R¢$tricled fund fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies Other Income Rcntal Income 370.484 5.897 3,402 373,886 5,897 Total 402,706 3,402 406,108 EXPENDITURE ON Charitable aetlvities Education and Support BuildinB and Maintenance Charitsble Donations Governance Costs 227,554 7.911 83,285 5,196 227.554 7,911 83,285 5,196 Total 323 947 Page 10 continued...
ue Trust Limit Nol for the Year inancial Stat - continued ed 31 October 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcrIvrriES- ¢ontiDued Unrestricted Restricted fund fund Total funds NET INCOMEI(EXPENDITURE) 78.759 82,161 Net movement ID funds 78,759 3,402 82,161 RECONCILIATION OF FUNDS Total funds bronght forward 1273,374 3279 1,276,653 TOTAL FUNDS CARRIED FORWARD .352 134 6.681 358.814 TANGIBLE FIXED ASSETS Fixtures Freehold proF Plani and rnachiry l¢asehold fittings Totals COST At l November 2023 and 31 O¢lober 2024 647.915 7.815 130.201 29.007 814.938 DEPRECJATION At l November 2023 Charge for year 7.101 130.201 27,023 661 164,325 661 At 31 October 2024 130 7.101 0] NET BOOK VALUE At 3) October 2024 714 1323 649,952 At 31 October 2023 647.915 714 .984 650.613 The land and Buildings and Leasehokl and buildings are included at original cost plus valuation undertaken many year5 ago which cannot be located. No valuation ha5 b¢¢n undertaken by the trustees in the year. The title deeds have not been locat. and as an old building. the is no land and Tegisty rc¢ord online. Page11 continued...
The Woki ue Trust Limited to the FInala for the Year EThled 31 Oct -¢on r 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.10.24 31.10.23 PrePaDentS CREDITORS: AMouNfs FALLING DUE WITHIN ONE YEAR 31.10.24 31.10.23 PAYE tsxes A¢¢ruals Wages and Salaries 460 2.100 321 2,100 PROVISIONS FOR LIABILITIES 31.10.24 31.10.23 Provisions 10. MOVEMENT IN FUNDS Nel movement in funds At At 31.10.24 Unrestrleted funds General fund ,352,133 4.952 1,357.085 R¢stricted funds Restricted Donations 6,681 4.017 10,698 TOTAL FUNDS 1358 814 8 969 1367 783 Page 12 continued...
The Wokin ue Tn Li No Financial Ststeme for ih¢ Year Ended 31 Ouober 2 tinued 24 10. MOVEMENT IN FUNDS- continued Net movement in funds, included in the ab)v¢ are as follows: Incoming R¢sources Movement expended in funds Unrestricted funds General fund 345,342 (340.390) 4,952 Restricted funds Restricted Donaiions 4.017 4,017 TOTAL FUNDS 349.359 340 Comparntives for movement in fuDds Net movement in fuTrJs At Ai 31.10.23 Unro8trieted funds Genernl fund 1273.374 78,759 1,352,133 Restrlcted funds Restricted Donations 3279 3.402 6.681 TOTAL FUNDS 1276.653 82.161 1358 814 Comparative net movemenl in funds, included in the ave are as follows: Inwming Resources Movement resources exnded in funds Unre5tri¢ied funds General fund 402,706 (323,947) 78,759 Restri¢ted funds Restricted DonatiODS 3,402 3,402 TOTAL FUNDS Page 13 continued...
Limited es to the Finan¢ ments. continued r the Year EI¢d 31 October 2024 10. MOVEME IN FUNDS- wntinued A current year12 month5 and prior year12 months combined px)sition is as follows: Net movem¢nt in funds At 1.11.22 Al 31.10.24 Unrestricted funds General fund 1.273,374 83.711 1,357.085 Restricted funds Restricted Donations 3279 7.419 10,698 TOTAL FUNDS 91,130 1.367,783 A curreth y¢ar 12 months aDd prior year 12 months combined net movement in funds, included in the above are &8 follows: In¢omin8 Resources Movement in funds Unrestricted fnnds General fund 748,048 {664.33D 83.711 Restricted ndS Restricted Donations 7,419 7.419 TOTAL FUNDS I I. RELATED PARTY DISCLOSURES There were no related party transaction5 for the year ended 31 October 2024. Page 14
ue Tt imite iled Slate ial Activities he Year Ended 31 October 2 24 31.10.24 31.10.23 INCOME AND ENDOWMENTS Donations and legacies Donations Lega¢i¢s 34Q.469 373,886 340.469 373.886 Rental Income Rents Received 8.140 26,325 Other Income Other Income 750 5.897 Total incoming resourets 349,359 406,108 EXPENDITURE Cbaritsble activities Wages S1] security Employee Accommodation Education and Volunteer Charitable Donations and Grants 70.723 78,390 10,585 76.739 105.805 231,100 267,480 Support costs Management Waste and water rntcs Insurance Light and heat Telephone Sundries 13,422 4,829 57.442 1,956 718 13,442 23,752 .453 180 78,367 38,827 This page does not fom part ofthe stalutory financial statements Page 15
The W ki Mos iled Statement of for the Year Ended 31 (kto cliviti 24 31.10.24 31.10.23 Manag¢ment Bank charges Repairs and Cleaning Software and Subscriptions 1,025 22,033 1.017 7.911 104.054 51.271 Governance Costs Accountan¢y Fee Bookkeeping Fee Legal and Professional fees Fixtures and fittings 2.552 2,970 2,023 1,234 992 5236 Total resources expcndcd Net eipendithre This pago does not form part ofthe stalutory financial slatery*nts Page 16