Company r¢gistyo1iott Thutnb¢r. 1>0961846 Charity iY2istixtion I)uM￿r.. 259545 The Binningham Mosque Trust Limited (A compatty limitcd by guarzntee) Aftftu￿ Re[￿ 1.'inan¢ial Stsi¢m¢n forth¢ Year Ended 31 Mar¢h 2024 Tb¢ Birmingham Mosque Trnst Limited Conltnts RefaEtKe and Administrativ¢ Detsils I to2 Trustees and Directorn, R¢port 3to7 Inthpendent Auditors, Report 8￿11 StAtemtnt of Fin4nciai Acliviti¢s Balancc Sheet 13to 14 Statemcnl of C&sh Flows Notu to the l.'inancial Stat¢m¢nl8 16to27 The Birmingbam Mosque Trust Limited R¢ftrellte Attd AdmiDtstrAtive Details ChAlrnian fr Muhammad Af￿1 Trnt•tB Mr Muh8mmod Aftal Mr sajaw￿ Khan lttsigntyj 7 Oaob¢r20231 Mr Mahmo(xt Ahmed MrAbdul Razzaq {rcsi8T*d 30 S¢Mthb¢r 2024) Mr Abdul Rak¢¢b Yahia Mr Niaz Ahmad lYesi8n¢d 5 ON0￿r 2024) Mr Mohammed Najib Mr Javed Iqbal Aziz (￿siSt￿ed 5 oC￿ber 2024) Mr'l'ahir Mahrn￿d Aiam Dr Muhpmm*4 Hanif Mr Mohammad l.18Jh4m (r¢siwKd 5 Oaobtt 20241 ,Mr'l'ari4 IIu55ain Mr MuhammThd Mohiuddin Qam Mr Maqbool Ahm Mr Munir Ahmed Raza {r¢si8ned 7 0¢￿ber 20231 Mr MohammLid Nwjib Budhal Mohtymm¢d Akr8m Di" M)hmoud Akh Na&w Mshmood Ahmad Makhdoom Chijkni Allah Ditta (appointed 7 Octobw 2023) MohammAd Asgjw (hppointed 7 October 20231 Mohammad hrwar {)PPOlDl¢d 7 O¢¢okr 20231 7afar Alam Ch8udhry lappoinied 5 O¢¢ober 2024) Muhammad Sarfraz Madni {appointcd 5 0￿¥ber 20241 Ali You5if Mohamed {appoiThted 5 October 2024} Registered Ollke 180 Bel8rnve Middlewxy Highgale Birniingham West Midlands B120XS Company R¢glstr•tlo* Number 00961846 Pag¢ I The BirminghAm Mosque Trnst Limited Reference 4nd Administr¥liv¢ Detaib Rezl8trAtlon Nulllbtr 259545 Bankets Ai Rayan Bank 24a Cajthorpc Ro&d Edgbamon Birniingham Weji MiiJi8mds B15 IRP Alldltor Shareef & Co Chartered Acroun¢hTiIS 4 Ili8hlsnd$ Cou Cranmor¢ Ave￿￿e. Solihul B904LE Page 2 The Blrniingham Mosque Trust Limited Trnstees and Directors. Report The In￿. WIKS ar¢ dire¢tors for the purposes of company law, pr¢s¢n¢ the a[￿U￿1 report kngether with the financial statsments and auditorf report of the charithble eompany for thc year ¢nded 31 March 2024. Th¢ Blrwltyth*m Mo$qu¢ Tntst Llmlt¢d 'I'ho Birnjingham M05que"fruit Limited {BPfftI. MU￿Be4 the Birnlingham Centst] Mo4u¢. which is lo￿ted in the h¥art of Englands s¢¢ond biEg¢M ¢ity Bimiinghbm. BinJJingham C¢ntsal Mowue is the second pwpose builr Mo4ue in the UK. In early 1970 li opened its doors f¢M' the Birniio8ham community as a place of wotship. Llimiingham Ccntral M05que is nationally known for r¢f¢r¢nc¢ and advoca¥y of Muslims and Islamic I￿u￿$. Sinc< the mosquL was buih. it h85 ￿¢0m¢ i fo￿ poini for the Bim)iD8ham Muslim cwimunity. Ovcr the years. Muslim8 and Non-m￿]1[￿3 have ￿ed ttte mosque's premises for events sueh 85 mee11D￿ Icclures, studies. Community and ¢du¢*tiono1 purposes. Obleetfves iedvltles OthJe¢ts . to advance the religion of Islom for the b¢n¢fii of the publi¢ by, not limited to. the holding of pr8ye]' meetings, l¢¢tuYw public celebration of reli810￿ festival4 w￿dIng￿ exhibi110￿ and funerni xtrvicts . the provision and maintenJThce of pi4¢¢J of public r¢ligioys worship by FwJon3 pnJf¢sJin8 the reliiion of1518m . the provision and maini¢nan¢¢ of rrligious. ￿￿•11￿￿11, g0¢ia] and culiural t￿￿￿$ oth¢r pla¢¢s ofsludy . th¢ provi81￿ moini¢non¢¢ of c¢macries and bund places for the buriaj, in ￿cordanCe with Islamic rites, of persons professing the Jyligion of Isigm pl￿dU¢1rt8 andlor digtributin8 liieraiure on lylhmic bcliefand prnctiex to hclp cnlighkn otherg About thr religion or l&lwtt. the advllThcement of religious ￿￿cAll00 in aKord8n¢¢ with th¢ *Khin83 of Islam • th¢ promotion of r¢li8ious harniotly for thr ben¢frt of th¢ publi¢ . th¢ relief of povcrfy #nd thoxe in need in accord¥nce with the te•¢hin8$ of ljlam in wch wgyj 88 may bc thou8h¢ fil Pmbllc bellejlt The t]U5tecs contirn that they have complied with the requwements of se¢tion 17 0( th¢ Chariti¢s A¢t 2011 to have due re8¥d to the publir b¢n¢fit guidancc publi5hcd by the Charity Commis8i¢Jn for England and Wales. PBge 3 The Birmingham Mosque Trust Limited Trnstees Directors, Report D¢liv¢ry of Scrvicrs lo the Community There llre numcrous Se￿ie¢S provided by the Tru# ￿ the community Oft a coniinu¢JJs b￿1$ in fulfilling its ¢haritable oim and goals.. l. l-.amil Su i1 SeThice & Coutuellin Selvice 'rhi5 depwtm¢nt deuls family ]rlai¢d issues end marital problems. It endeavors to advise. wist in Lrsolving ptr>blem41i¢ issu¢$ medi￿10￿ and ¢ouns¢lli Thc Shwllah Coun¢il provid¢J 8thryce ond a8si51ance for Muslims se¢kit)g 8 ￿ligIouS and th¢o108i¢•l puspe¢tiv¢ on social. dorn&8tic and gener￿ i&wcs. It also d￿lS with mauers ttlsted 10 Isl8mic Nikah. BM'I-L facilitstes the conversion of new M￿S11m5 inio the Islami¢ Faith Jnd piYJvid¢s ¢ducatioTh￿ s¢rvicu and s￿11] support netwo￿. R¢8u]ar ¢lass¢s #nd events ar¢ h¢ld tor su¢h pu￿Ose& BMTL parti¢ipai¢s in and initrn¢ts artivtly wth other faiths and the wldcr community io promotL' mutual posiiiv¢ uThd¢Mandin¥ of di[r¢W￿ faith ￿mMunI¢l¢s. W¢ work w promoiL hannorty, ju￿1￿& and crcaiing a peaceful a society for all. Th¥ BiiThin8ham Central Mosque ¢ontinued to erw¥ aclively in the community 8nd twon& In addition to 11'8ular speLiiI prayrr 8¢rvi¢¢s ond w8hi prny¢rn, BMII. h05ES lftw {s¢rvtng food) durirtg holy month of RaffladAn for MOTC than 400 pcoplc on a daily b&sis. IJM'I'I. provid¢s an introduction service for Muslim men and womm for maiTra8C PUtpo3es. The Bureau op¢ratrs via d¢di¢aied w¢bsiii for matrh making puryoxs and org8niJcs r¢￿I￿r public cvcnts in the mosque for clients to facili1￿e a fuc￿l￿ra¢c inimdu¢lion. c S¢p/it The mosquc provides Nikah {1.4lamic Marria8e} re8Lstr21ion and Civil M8rria8e ttgistraiion serviccs which pla4¢ &( thv same tLin¢. Th¢ mosque is linkcd with the Registw of Mottia8Ls Offi¢¢ for ¢onducting l¢g&lly cogniJ¢d ¢ivil Muslim mort'iHgu armi i5suc# Certific￿¢3 on k.hajf of the Rezistrnr and Nikth Celliri￿LiOn. The Trust facilitates Funer￿ S¢ryices- sp¢¢iJlising in making arrangements forlslamic fiEneral arran8emenL8 for thc wrnmunity. This i% very busy setvice that involv¥d t¢8ulaT 88th¢ri￿ (￿. £ommise4xiive PULP05U in th¢ mo4u¢ and for th¢ offering of fun¢rnJ prayers. en M05 ueP lTh¢ Trust opeTrt¢5 & fr￿ guid¢d tours of the M059ue for people of differen¢ faiths (Fr rK>n¢ on u regul￿. bas￿ to promote an accurate and PDSitive undaYtsr)ding of Islamsc beliefs and valu&8 and mosque a¢iivities. Thi$ is v¢ry popular sejyith from wki£h many Sch￿1[ children and other cducational instibjtions benefit to facilirat¢ a betler Ind tich¥r und¢nl8tnding of18]arn and Muslin￿ in ￿ UL Page 4 The Birmingham Mosque Trust Limited Trusl¢es and Dir¢ctors' Report Th¢ Tnw an Ev<*in8 and 4 W¢¢k¢•d Islamic WFvkm¢ntAry to educ•te Mwlim chilthrn FKtw¢en the aKes of 5 to 15 years in their Islamic b¢lief5. gnd culiure. Th¢ main subjccts tsught school AlQur'an, Ai7bi¢ languag4 Islami¢ StyJdi¢s, and Hifz Imemorisaiion) orth¢ Qufa 'I'h¢ Tiust opern¢¢s on Islami¢ advi¢¢ lin¢ via a phone and or a Call s¢ryi¢¢. This Nns 6 day8 of the w¢¢k ond for2 hours per day. The wfvice provided by an experienced and qU￿1fted Imam oi. Stholar. The TnJst putlners with major UK Irgi5tered charities to alleviate the suffering of people atTeGred by naiural diyas1¢1s all around th¢ world. Futtd5 dr¢ ￿ls¢d for such pwp05¢5 on a ￿gUlar b#si5 to aid th¢ pool. ty¢edy. The Tru￿ pl￿VEd¢ a foodbsnk servi¢¢ lo¢awl OUTSi(k on its Premi￿ to support the pool. artd ne¥dy in ¢h¢ Lommwiity. The foodbank opens iwice a week io assi￿ those re8isiered for support. 'Ibere becn a 5Lgniticanl ri3e ol-usei3 during the last year and the'fru51 coTrtinuts to 5UPPOrt the vulncrdble and the ncedicst in thL' he411 of Birniingham Ciiy Certtre. In ￿dition io the regular strviecs. during Ramad&n. of the outreach project, iftaar {loodl p8ckag¢s were provid¢d thrnughoui the month of R￿n￿d￿. F4tllltl¢s • Mwn prayer hau * Cl&$si'ooms . Libiwy • Moituwy . Community hall l.wJies' prayer gallery Visitors. 8all¢ry Capital Project updRte'. I'he BMTL hus emba￿￿ on a Iw and ¢Xif4UiV¢ ¢onstnwtion projert which involved th¢ ¢ompl¢t¢ d¢moliiion of thc Ironl SCLtion ot the exlstinK mosque and crection of a Indep￿denl atEThL￿e buildin& (with its facilities) adja¢cni th¢ existing mo8qu¢. The new development will provide ￿11111¢5 for kninin& educ￿10￿ ¢ommunity inter￿110￿ and &blution facilities tor ladies and gentlemen. Planning p¢iThisJion attd building regul*ioM approvals wrre #runied in 2019 and 2020 T¢S￿lIVelY. Th¢ proj¢a reqUi￿d S of which 4 hw¢ now been comple(¢d as follows.. Ph88¢ 1- Enobling Work- COMPI.ETF.D Phase 2- Demolition- COMPLETED Ph45c 3- Piling. Foundatlon. Draina8e, Floors Stairs & Skeldon Fram¢- COMPLETED ptwo 3A- Pilln8- COMPLEIED Ph&8c 3B- FO￿datiOn & Drainag¢- COMPLF.IED Phase 3C- Attenuation DTainage, Floors, Stwrn & Frame- COMPLETED Pllgc 5 The Birmingham Mosque Tru81 Limited Trnst¢¢s and Diroctors, R¢port Phase 4- Extutd. Internal, Roof & External DoorslWindow3- COMPLETED l>ha5e S- Mcthanical. LlectTtcal. Finishcs and lnIern￿ Work & furnishing SIAR'I'LD SEPTF.MRF.R 2023 The woik is still ongoing io eompletL' ph&qe 5, overseen by a qualifie41 qu8niity surv¢yor. Payrnents gre mad¢ once the QS Approves rh¢ spendin FlllintlAI r¢vl¢w During the year, the Mo8que raised £1.27m {2023: £lJ2m) and speni £0.65m12023: £0.85m) on charicable activities, resuliin8 ill a t)el in¢orDe of £0.62m {2023'. £0.67ml. Th¢ Mosque spent £0.64m12023,. £0.85ml on frxed a￿l additionJ. The Mos4ues iot&l Metvu siood at £6.9m (2023.. £6.3m}, this includes g¢nrrnl rcseNc$ of £3.3m12023: 3.lml Pollcy off resems Aft¢r revi¢win8 the imm¢diaic at>d medium ienn requir¢m¢nts tsfThe Bimiingham Moque Tn￿1 Limited IBMfL), th¢ pres¢ni l¢vd of fUt￿ling is ad¢qua¢¢ io s¥ppon th¢ ¢on¢iDUllioii oCth¢ ¢ufftni &iiviii¢s. Pl8ns ftyr f¥¢llr¢ ptrlodi Th¢ iharily will Coniinue its ¢otwNclion proje£t and ifthejr tr¢ no supply Ehaln Issu￿ the proJ¢¢¢ is exp¢ct¢d to complete in 2024. Going tolltern I'hc Iiuste¢s consider the Mosque to be a goin8 concern. The pojition of the y¢or ¢nd 8ened IL'￿¢& th¢ O￿Oin8 fundraising arfiviti¢s is suffici¢nt ￿ m¢¢¢ th¢ short ¢¢m hnd medium nccds of thr Mosque. StructUf¢i ¢OVtrnaDc¢ ind oJir4slees N￿.] ruste￿ undergo a biiefjng on th¢ir Icg81 commitments under charity law, the conK'Dt of the M¢morandum and Articles of As$ociali¢ML th¢ M8n¥g¢m¢ni Committec a¢)d d¢¢i5ion mukirbg proc&w. the busin￿$ plan and Tcccnt rinancÈal pertl￿&n¢e of the ch)rity. New TnL8t¢¢8 ¥lso m¢et kry ¢mployees Und oth¢r Tiusi¢¢y. 7'n￿tCm¢ and expendiwrc. for the ycar th¢n ¢nd¢d' huvc been properly pr¢parcd in accordance with Urtii¢d Kingdom Gen¥Xt]ly A¢c¢pt¢d A¢¢outhtin8 Pwu¢¢,' and have b¢¢n pr¢paLrd in ￿￿rdanc¢ with the wuir¢mcnts of th¥ Companics A¢1 2(Kl6. Bajls for oplwloll W¥ ¢onducted our audli in ac¢ord8nce with Iniem&tioMI Swidard8 on Audiun8 {UKI118As IUKII Trnd applicable law. OUT re¥￿nsibilitIeS und¢r those ￿8ndardS are further d¢serib¢d in the Audii(x s responsibiliiics for the audit or th¢ finaniial statements section of our repo￿ We arc i￿j¢pendent of the ckniry in xcurdattre with th¢ ethical r¢quiiLm¢nts th￿1 ￿ r¢l¢vMtht its our audil of th¢ finan¢i¥l $wth)¢j￿ in th¢ UK. incluiling the FRC'5 Lthi¥al Standard. and we have tiiifilled our other ethicaj resporksihiliiies accordanee with tknc rcquiremcnts. Wc bclieve that the Audit ¢videThce we h&ve obtaitled is Su￿1¢1¢￿[ Ind appropritits ￿ providc a ba515 for ow. opinioTh. Cottcl¥sAotts Tel#tlug to 8oIDi tonrern We have nothing to rtport In resptet olthe following mthrs in rtlation to whi¢h the ISAS (UK) require us ￿ reptsi1 (o you wh¢r¢.' the ttlL8tee5 Use of the $oin& concern bg8iJ of accounting tn th¢ P￿p￿ration of the finwhcigj s¢a¢ements is nol appropii¥te' or the tsuit¢es have not diK103¢d in the fingn¢i81 Jtytem¢nLq any identified m8W?at ￿¢tHa¢ntieS that may ¢ast significant doubt about the charity's 8bilily to conlinue to adopt the going concern b&8is of accountin8 for a p¢riod of at l¢*¥t twelve months frorn the d•te whEn the fuhattciol staknents are iuthorised for igsu Other l#fontt*llo The tsijstees are rtsponsible for the other inforniation. The other infoim4ion compriw the inforniation irKlud¢d in th¢ annual r¢port, 4)thcT than the fittaniiBI Mat¢ments and our auditor's report therron. OUT opinion on thc tinancial stotements does noi coverthc othcr inforn)ation and, cxccpt ￿ the ¢xteni oth¢rwise expli¢iUy ststcd in OUT rcport w¢ do not ¢xprESS any fornl of ￿￿tZnCe conclujion t[￿. P4e8 The Birmingham Mosque Trust Lfimited llldepelldellt Auditor's Report to the MeD)bers of The BirmiDgh•m Mosque Trugt Limited In connection with our audit of th¢ finan¢ia] ststem¢nts. ow responsibility is w r¢ad the oth¢r inforn)aSion an¢L in doing so. collslder wh¢ther the othej. in(orniation is materially inLOIL$2Steni with the fjjwicial statements or ow. knowl¢dge obtain¢d in the audit or otherwise appears lo be materially miss￿ed. If we identify such material in¢onsi8tencie8 or •ppw¥ni mat¢Tial missiate]n¢nt& WC 8rG required w dclcTminc wljcthcr ihcre is a m81¢1i81 misstatement in the finan¢iaJ stsr¢m¢nts or 4 mA*rig1 misstsiemMi of the oth¢r infom)￿10￿ If. basL'd on the work we have p¢rfoim¢4 w¢ conclude that ther¢ is a material miss￿te￿¢￿t of this Lther infonnation, we aj'e LYqULred io report that fact. We have nothin8 to report in this r¢8ard. Opllllon on otber ￿￿tter1 prestrlbed by the CornpanleA Art I[￿ In our upinion. b￿ed on the WO￿ uodert8keo in the course of the 8udii'. lh¢ infonnaiion given in the .1 nLSteu and Dirertot￿ Repor( for th¢ fingnci41 y¢ar for whi¢h th¢ finan¢iul stalem¢nL¥ are prepared is Lonsisteni with the finart¢ia] Sts¢emen¢S.' and the Trustec5 ond Directors. Retffl has be¢D pr¢par¢d in ac￿rdanc¢ with appli¢abl¢ legal r¢quirem¢nts. MAtt¢n ott whlch we Are reqylr¢d to report by ¢xe¢ptlo Ih th¢ light of oui. knowltd8e and und¢r4anding of th¢ ¢ompthny #Tbd its enviThm¢nt obtsincd in the coutse of thc audli, have not identified m8l¢rial M1￿1¢M¢Dts in th¢ TnJsw'¢s 8rtd DiN¢iors' RipoJL We hove nothing 10 rtport in reJpecl of the followin8 mattm wher¢ the Comp8nies Aa 20(kn r¢quir¢5 Ilj to ￿POrt to you if. In our opinion: dequat¢ 8ccountin8 recorts have not b¢¢n kw, or rdurns f•J¢qU￿¢ for our wdii have tKSt kn r¢¢¢ived fmn bi?nch¢8 not visit¢d by or the finDncial siatem¢nis are not Uh weemeni with the accounling recolth and or ¢ernAin dis¢losures of trustees remunemion SPL¢ifJ¢d bylow &re n*M m&Je; or w¢ have ¢)ot K¢¢lved all thc infornation and explanalions w¢ r¢quir¢ fty ow 4udiL RupoDslbllltl*s fjftnu¢*¢s As explained tnore fully in th¢ Isei out on pggc ), thc trustees sre rewn5ible for ihe prcp8fgrioD of thc finan¢iAi stst¢m¢nts and for bring 5atlsfLcd that th¢y give a trye and (Air view. for su¢h inl¢rnal control as (he trustcL dckrniinc is necesswy to ¢nablc the prcpnration of finHnciaJ statements aty freg from ma*riil missts*men( wheth¢J' duc to fraud oi. error. In prepiring th¢ fjnllnciai ststemenls, the tn￿1¢¢9 w¢ r¢sponsible lor &ves#ing the charÈty'B ability to continue 45 8 Koing conc¢m, di5Glosing. ￿ applicable. matters relaied 10 going Con￿rn and USiliB thc going concern basi5 of accounting unless the tswi¢¢s ¢ith¢r inter￿ to liquid&te the charity or l(J CL&9¢ op¢Mion& or hav¢ no Mlisti len￿lIve but lo do 50. Pagc 9 The Binningham M08que Trusl Limited Independent Auditor's Report to the Memben of The Birmin£h*m Mosque Trust Limitt41 Audlior's r¢s￿nsibl11tl¢s for tht •udil of the finAneiAI ststemeots Our obje¢tiv¢s aTe io Ob￿]rt r¢8sonabl¢ assur8n¢¢ aboui whah¢r th¢ financial #giernents ￿ a whole arc free fiDm material misstatcmLnt. whLiihcr due to fr8ud or error. and to issue an auditor's report that ineludts ow opinion. keasonabl¢ &85uranc< is g high level ofa8sufdnc¢. but is not a guargni¢¢ thai an audii ¢ondu¢*d in d¢cordan¢¢ with ISAS IUKI will always d¢ttrt a mai¢rio1 mis$ta*mcLt when li ¢xist& Missiatemeiiis can arise trom traud or ¢ttor and are LOnSi(kred material if. iThdividualty or in thc Bggrcgate, thcy Could reasonably bc cxpccte4J to influthce lh¢ e¢onomi¢ dccisiorLY of users taken on the b&gis of thc5c f￿ancial stthrni￿ts. AJ p￿t of Art audil in a¢Gordance with ISAS IUKI, w¢ ¢xer¢is¢ pr(If¢ssional judgem¢ni and miinwin pTof¢ssiotLal $￿pti¢1ml throu¥hout ￿ audit. W¢ Jlso: Identify and &85C5s the risks of mat¢ri21 miss¢utcmcnt of the financial 5tatemcJity whcthu. dur ￿ fraud OL. errol., dL.8ign und p¥rfomi audit pror¢dures r¢sponsiv¢ io those iisks and obtsin audii evidett¢¢ thai is suffi¢i¢nt and oppropriote to provide a 683is for ow. opinion. The ri8k of noi detec(ing B moteriJLI mi&ststemcnt resuliing fiDm fraud LS higher than for one resulting from error, as frdud rnay involve ￿lI￿lOn. I￿￿ery$ intl'ntiond omi¥sion misrtPT¢s¢nlaiion$. or th¢ ov¢rrid¢ of ini¢mal ¢ontyol. Obtain on undmthnding of int¢m81 cot)Irol relevani Lo the audii in order io dui8n audit proceduies th4t 4r¢ 8ppropriat¥ in thc circumsww but not for th¢ pwpjxc of cxprLssinK an opinion on the ¢ifertiv¢nc55 of the ¢hority'8 internal ¢ontrol. vgluate the spproprialeness of a¢countin8 poli¢i¢s wed wd th¢ rtawMbl¢ness of accouniin8 esLimat¢s and related disclosures made by the trnstees. Lort¢lude on the appropriatene55 of the trus*es use of the going concern knis of xcounting and, based on th¢ audit cvidcnec obtained, whether 4 malerial uncthAinry ¢xiw rel4ted to ¢v¢nts oi. ¢ondiiions that may rasl sigrtificsLnt doubt on thc charity's ability to continue &8 a going concern. If we concludc that a mal¥rial IGerMinty ¢xists, WL. ar¢ r¥quir¢d io draw art¢nlion iti our auditor's rL'poL1 lo the related disclosu￿$ in thv flnancial statements or, if such dis¢loswe$ are inadequale. lo modify our opinion. Our con¢1￿￿1vn5 are bas¢d o thc uudit evidence obtained up to the d￿e of our auditoi J repot1. 1 lowever, fijture events or conditions may ¢&￿%¢ the charity to ¢¢￿¢ w ¢otttinue as i gofftg ¢onc¢rn. Evaluate the overall pr¢senlation, structwe and contcni ofthe finantil Stsl¢m¢nts, in¢luding the dis¢lo%urrs, and wh¢th¢i' th¢ financial statcmcnts rep￿￿en1 Ihc und¢rlyin8 tratLWtions and evenLq in a matw that achiev¢s f4iT pirs¢ni81ii)n. Obtain 5UtTILjent appiDpri8te audit evid¢nce Lf8ardin8 the fiTh*ThEio1 thftsmiation of the ¢ntiti¢8 01. bUsinL￿S aGtlvnlrs wihin th¢ charity to exprt&8 an opinion on the financial swcments. W¢ oiE responsibl¢ f()I' the diTeLiion, supervision Al￿ p¢rforni8n¢¢ of th¢ ¢hAriry &udiL We r¢main solely rcsponsiblc for our audit opinion. We communicate with th0￿ with gov¢rn)n¢e ffgarding* among oth¢r m8ttcTS. thc planncd scopc and timing ofthe audii and significant audit fJndinRs. i￿1￿1￿llE any si8nifi¢an( d¢ficien¢1￿ in ini¢rnal Control thai w¢ iderttify during our audiL UM ofour rnport This r¢poL1 13 made 301ely to the charitable cOmp￿Y'S Inw ￿ a body, in 4¢¢0rdan¢e with Chaptei. 3 of P8rt 16 of the Companies Act 2006. Our autbt wptk ha5 b¢¢n undcrtsk¢n 50 that we mighi ststc to the charity's trusiee$ tho matters WL all fcqulred to stste 10 them tn an auditor's report and fi* oth¢r purpose. To the fullest ext¢nt perniitted by IAW, w¢ do ttot accept or &8sum¢ resrrfbThsibility to anyone other than ih¢ ch￿l￿b]e company and its tnjstees as a Wy, for our audit for thi5 IrporL or for the Opinio￿ ￿ have forne¢l Page 10 Th¢ Birmingham Mosque TTh#t Llmited Independtnt Auditor'8 Report to tbt Members ofTht Birmingham Mosque TruBt Limited Na¢em Share¢f (Senior sta￿tOry Audiior) For and on beha]f of Sharttf & Co. Statutory Auditor Chwt¢iYd A¢¢ourttsttts 4 E.lighlands CourL Crllrlmorc Avenu& Solihul B90 4LE Pagell The BirmillgbAm Mosque Trust Limited St*temettt of Finknti#l Attivitie8 for the Year Ended 31 MArcb 2024 (Including In¢om¢ and Exp¢nditur¢ Ac¢ount and S¢*tement ofTo¢al R￿￿Enised GaiDS and Losse8) UArtstrleted fuods Rutrl¢ttd funds Total 2024 N•¢¢ In¢omt Endowm¢nts from: DoJTrations and lega¢i¢$ Oth¢r Income 601.050 208,505 4164.434 1.065,484 208,505 T¢)tsl in¢om¢ 809.555 4&1,434 1273.989 Expendlturt on: Chari¢ablc activities (611,370 141,3571 652.727 Toral expenditure (611,370) 141,357 652,7271 N¢t income 198.185 423.077 621.262 Net movement in Jlmds 198.185 423,077 621,262 R¢eoth¢lllalion ol funds l otal tunds brought forward Toth] thdj Larried fotward 3.070.530 3.251.325 6.321.855 18 3 268.715 3,674.402 6,943,117 iJDrtstrltted nd$ Restrltted T*t#l 2023 Note Donations and legaeiLs InvLstment in¢om¢ Othci. Income 646,696 5.923 215,308 654,048 I,3￿,784 5,923 215,308 Total incom¢ 867,927 654,088 1.522015 Expendlturt on: Charitable activiti¢s 561,853 105,766 667,619 Totaj expendilure 561.853 105,766 6676191 Net income 306,074 548,322 N¢t movement in funds 306.074 548.322 854,396 R¢tutt¢llS•tio# of fund¥ TO￿ futlds bn)u8ht fonvard To¢a] fimds Carried fon4Trd 2 764,456 1703.003 5,467 459 18 3,070.530 3,251,325 6,321.855 Page 12 The Birmingham M08que Trust Limited Oiegistratiott number: 00961846) B4laD¢e Sheet as at 31 2024 2024 2023 Note Flx¢d •Js¢ts I'angibl¢ assets 14 5,381.362 4.860,147 rreDt aM¢ts Debtorj Ctrsh at b￿k artd kn h4nd 15 16 107,618 1.570,283 1,557,683 1.677.901 1,557.683 Crodltory: Awounts fthg d4¢ wlthth on¢ y¢•r 17 {95.9751 Net curr¢nt 8sg¢t$ 1.561,755 ,461,708 Net A3Stts 6.943.117 6.321.855 Fund$ of th¢ eknrlty: Rutsl¢¢¢d Ineom¢ Rcsts'ic¢¢d lunds 3,674,402 3.251.325 UThr¢sirltl¢d kne•mt fomds UniEstricted fun(ts 3,268,715 3 070,530 6,321,855 Tothl 6.943.117 For financial yellr eDdin8 31 March 2Q24 th¢ Charity ¢ntIl1￿ ￿ exanpl1¢￿ from 4udit under 3e¢iion 477 or th¢ Comparti¢$ A¢1 2￿ relating to snajl companies. Dir¢rfors' resportsibilitius: Th¢ mrmbers have nol required the cknity ￿ obthin zn audit of its ￿0¥fits for th¢ YLW in qwstion in accoTdoDc¢ with s¢¢lion 476,. ond 'I'he dircclors acknowled8e their rLynsibiliries for ¢lNnplyin8 with th¢ r¢quir¢m¢nts ofthe Ad with r¢sp¢¢t lo ¢ourtting r¢cord5 and the prcporation of a¢counL& They¢ a¢¢ounts h8vt bcen prepartd in a¢cordancc with the PTfJViSiOM applicable to eompaniu 5ubj¢a to the small comparues re8ime. Page 13 The Birminghydm Mosque Trust Limit￿1 (Registration number.. 00961846) Balance Sheet as Vdt 31 Mareh 2024 The financial statements on pages 12 to 27 approv￿ by th¢ ¢nLSte4 4Dd authori5ed fi￿ issue on............... .. and si8n¢d on th¢ir behalf by.. Mr Muh Af7Ai Page 14 The Birminghydm M08qne Trust Limit¢d Si*tem•llt of Cash Flows for the Ytxr Elldtd 31 MAr¢h 2024 2024 2023 Note Cwh (lows from operating Adivits N¢¢ ¢ash in¢om¢ 621.262 854.396 AdJwtsD¢Jkts to ¢wh flows from It¢A Depreciation Inve8tm¢ni in¢om¢ 131.230 120,566 15.923) 752.492 969.039 W•rklMg t*pl¢AI adJuit•¢nts Intt¢as¢ il) d¢biors Inere&8elldeere&8el in cr¢diiorJ 15 17 1107,618) 20.171 {13,8491 ¢ash flow5 from ope17ting Bcliviti 955.190 Cash flow¥ from Ittv¢gtl*g *et1vl￿I¥ Inteitst rcLcivablc and similar income Purchw¢ of tan¥ibl¢ fJx¢d asse¢s Net twh flows from inve3tin8 ￿tIViti Net increase in and equivalents Cash and cash equivolents wt l April Cath 8nd ￿$h equivalmis At Jl Mttr¢h 5.923 851,690 845,767 12,600 109.423 1.557 683 1,570.283 1.557,683 Ail of the cash flows are derived from conlinuin8 op¢r4uonB dwing the abov¢ Nwo period Page 15 The BirmiDgh*m Mosque Trust Limited Notes to the Fln*n¢ial Ststements for tknt Ye*r Ended 31 March 2024 I Ch*rlty 8t*tus Th¢ ¢haiity is limi￿ by guJr8ni¢¢. incorpornthd in EngJ8nd llnd Wale4 gnd con8equentJy docs tM>t have sharc ¢apiiai. Each of the trus1￿ is liabl¢ to coJMribu* ¢x¢¢¢ditig £Nil towards the &4seL8 ofthe Lharity in th¢ ¢vetht <>f liquidaiion. The oddress of its r¥'gist¢r¢d oifi¢¢ is: lao Belgr8ve Middlewdy Ilighgatc ilirmingham West Midlan(ts B120XS l Aetountlng plldes Sllmm•ry of slgn1fleA￿f Attoiutkng p)Ileks kly Attoundnt Th¢ principlll ￿cOuntI)Is policies applie41 in the prep8rario* of these finan¢ial siaicmlnts ar¢ set out below. Th¢s¢ poli¥i¢s hav¢ b¢¢n ¢oNisi¢n¢Ey &ppli¢d w 011 th¢ Y￿r$ pr¢s¢n*d. unl¢ss oth¢nvix sw¢d. Ststtmellt of cfrmpllADee The financial sthtements have been prepared in accordance with Ac£out)tin8 and Reporting by Charilies.. Siaiem¢nt of Rccon)m¢ndcd Pra¢tic¢ applicable to charities pr¢parin8 thcir ￿counts in accordance with the I'.Inancial R¢p011ing Sthndard oppli¢able in ik UK and R¢publi¢ of Iwlend Il".RS 1021 leffeaive l January 20151- (Chol'ilics SORP (FRS 102)), the Fin8n¢ial R¢ponin8 Siandard applicabl¢ in th¢ UK 8nd R¢publi¢ of Iirland {I.'RS 102}.'I'h¢y a]so comply with Iht Companies 21K)6 and chariti￿ Aci 2011. B981$ of pr¢p*rntl•n Th¢ BiiThingham Mosque Trust Limited mL*ts the &.fJniliott of a public benefit entity under FRS 102. Assds und liabililies are ini¢ially reco￿lSed al histori¢al ¢ost or tsJnso¢iion va]u¢ unl¢ss oth¢n¥is¢ stat¢d in th¢ relcY8nt 8ecountins policy notcs. COIDZ CIJDcern 'I'he tIUBtccs consider th8t thely are no materid uneertainties about th¢ ¢hJrity'S ability to Continue as & going ¢on¢ern nor any signifi¢ant &reBs of unccrtainty that affcct the canying value of &wts held by the charity. Jn¢om¢ ¢lldoW￿tnts All iii¢ome is r¢¢ogniscd once thc chaTlty h&q entitlement to the i1￿Orn¢. it is wbable th¢ in¢om¢ will be received and th¢ amoun( of th¢ ittm¢ r¢¢eiv8ble Can be measurtd reliably. Page 16 The Birmingham Mosqut Trust Limite41 Notes to the Fitt*Dcial StatemeDts for tbe Y¢ar EDded 31 March 2024 DoHallows ftndlegttl Don81ion$ are recognised th ¢h¢ charity hgs been noiified in writing of both the amth￿l and s¢ul¢ment da*. In the event that 8 donation is subject to conditiorLS requir¢ a level of P¥Yfomian¢e by the chw'iiy before the charity 15 ¢ntitl¥d to thr funds. thc income is d¢K¢rrd not re¢o8nised until either Ihose condition% fully or the fulfilment of those conditions is wholfy within the control ofthe chllrity and il is probfjhl¢ that ih¢s¢ ¢onditions will be fullilled in thc rcptsrting period. Expelldlts All expenditurc is recogniscd oncc iherc is a ]Cg￿ or Cottstruciive ¢)b]ig￿l0￿ to thar ¢xp¢ndirure. it is probable selll¢m¢nt is r¢quired artd the ￿￿0￿￿¢ can be mww¢d reli8bly. Ail CO￿ ore all(￿ted to the applicable expenditwr headinbi that #ggregat¢ similJr costs to thlt cale80ry. Where COSLS cat)noi be directly athibutcd io partirular hvadirtgs Ihcy h8vc bern allocBlcd on a basis consistent with th¢ use (If resour¢¢s, with ¢4ntrnl $tsff ¢03ty ollocated on the bosis of lime SP¢nL ¥Ad depreci&iion chargu ailo¢at¢d on the PDrtion of the &98et'8 (Ah￿ suppoit cost¥ #re 4110¢4t¢d ba3¢d on th¢ Spr￿ of 9￿tT￿5¢S Chai'ttablc LxpendIlu￿ comprijcs those costs in¢urTed by the charity ITh the delivery of its actiyitlcs and scrvic¢$ for It$ b¢nLflclaTiLS. li lrtcludes both costs thbi Can be 811￿¢¢d dir¢¢¢Jy io A¢h a¢¢iviii¢s thos¢ ¢o$ts of an indiw¢¢ nature n¢¢¢ssary ¢0 support them. Gr4nlpMvlyloNs Pl￿VISIonS for gi￿15 ar¥ mad¢ whtn the iniention io m4kt 8 b¢¢n ¢0mmuni￿t¢d to ¢h¢ Tecipient bui thLre is uncertainty about either the timin8 of the wnl or the amount ofwani payable. Covermttte tojts '1lJese include the costs attribuiable to the Charity's compli8n£e with constitthioml and statutory requircmcni5, including audi¥ Strategic managemeni and tru￿ees,S meetings Teimburted exp￿￿e$. Taxatlon Thc charity É5 COTL8idered to p&%s the iests act out irt Plrngrnph I SCh￿ule 6 ofthe Fimntt Act 2010 #nd th¢Tcfort It meets the definition ora ¢harithbl¢ 4omp4Dy ftyr UK CO￿orali0n tsx puryos¢s. A¢¢ordin8ly, lh¢ ehariiy is poteniially exempt from taKalion in respert of income or Lapitai 8*in8 received Within ¢ateRorie5 covered by Chaptei. 3 Part I I of the Corpoiation 'fax Act 2010 or Section 256 of the T￿￿tion of Char8cabl¢ Gain5 Act 1992, 10 thc extent that su¢h in¢om¢ or gains appli￿ exclusively lo Ch￿￿bI¢ purpoyes. T4nzlblt llxed Ass•ts Individual fjxed asseL8 COStin8 £0.00 or more are initially r¢¢ord¢d ai ¢osL l¢ss ony sub8¢qu¢n¢ aG¢umulutrd d¥pr¥ci8uon and Subsequ￿1t accUmuJ￿ed imtAirment Depr¢clatloD Ind gmortlsatlo Depreciation 1$ provided on lat)gible r￿ed oss¢ts so as io writr off th¢ ¢oA or valuatioN Any estimated resldual V￿uc, over their expected useful e¢onomiL life ￿ followE-. Page 17 The BirmiDgham Mosque Trust Limited Not￿ to th¢ Vingn¢ig1 Stsfements for the Ye*r Ended 31 March 2024 Asset t1￿& Land ayjd buildings Fixtures and fittings Dtpreel*tlon method Ind rate 50 yLars straight line 2(￿ reducing b￿arte¢ Tr•d¢ debto Trad¢ debtors aL¥ amounL4 due from Cus￿MeT$ for merthortths¢ sold w s¢Tri¢¢s p¢rform¢4J in th¢ ordinary couJ3e of Trade deb(ors are ￿cOgnIsed intthally ￿ the tr&￿¢t10th price. They are subsequently measured at amoifised cost using the eftective interest method. Itss provision lor imp￿rn)en1. A provision for the imp8irmenl of trade dd)tors 13 established when ihety is objective evidence that the clwity will t￿1 b¢ able to collea dl amounts due according to lh¢ original I￿rmS of the ￿¢¢1￿￿1￿ CAsh •Dd tuh ¢qulv*l¢nt$ Cash &nd ¢)sh Cquiv￿¢nts comprise ¢th *)n hand and ¢all deposi¢S, and other short-t¢mi highly liquid inv¢stments Ihal re&dily convlrtible to A known amount of cash ot)d are subje¢l to an insignificani risk of ¢hsnge in vdluc. Borrowlngj Intere5l-beaiins borrowings Jre in1¢i￿lY T¢￿rded ot f•ir value, nd of ￿￿58¢110n com. Inwea-b¢aTiD¥ bom)win8S Jr subscqucnily Eaffied at amortised cost. with the di(f¢r¢nce beiween the proceed8. nel oftramaclion costs, and the amouni due on r¢dempiion being r¢¢osnised as s ¥harg¢ to thc Ststcmcnt of FiTran¢ial Activitics over lh¢ p¢riod ot. th¢ r¢l¢v&nt knrrowSn%. Interest exp¢nx is re¢o8ni&¢d on th¢ bosis of t￿ ¢ffe¢tiv¢ iniettst method and is ￿¢lUd￿ in Inw¢￿ payabl¢ and simllar chargey. BoL'rowings 4w¢ ¢I￿lfI¢d u ¢urr¥nt liabiliti¢s unlc&8 ¢h&Tity h&8 art urtcondltionai right to defer settlcmLnt of the liability for at le*st twclve month3 after the ffponin8 dats. Page 18 The Birniingham Mosque Trusl Limited Nolu to the Flnalltial Ststtments for the Year Ended 31 March 2024 Foreign txehfingt Transacuons in foreign cuNen¢ies Bre recorded Dt thc fEtc of exchDnge at thc date of the transachtrn. Monethry assets and ligbilaties denominaied in foreign currencies 01 the b4lan¢¢ she¢t da* report¢d ai the rdtrs of exchange pr¢valling ￿ th81 d￿¢. The results of OVCTscas opcratiotu are Iran51oted at the 8Ycrage ra¢c8 ofcx¢hangc during t￿. period ond (h¢ir bilan¢¢ shLft5 al the rate5 ruling UT the b&l8nce sheet d8t¢. Ex¢hfjnge differen￿$ arising on trfynslation of the Ope￿￿& net assets and results of overseas operations are r¢rM>rted in other comwekn5ive itKome and accumulaied in ¢quity {attributed to non-coThirollLTh8 interests as appropriat¢l. Oth¢i' ¢x¢han8¥ diffa¥nc¢s are recoRnis¢d in the sthiement of Fina￿14] Aciivitieg in the period in which they ￿lSe excep¢ for.. l) exchJn8e diffe￿nc￿ on transactions entered into ￿ hedge certain foreign risks Isce above): 2) ¢x¢hang¢ difT¢r¢n¢¢s ￿7$in8 on gains OT losw on ty)nrymonthry Élems whi¢h recowlised in other compiyhenjive income. und 3} in th¢ ￿8¢ of th¢ ¢onsolidgted financial statement& exchange differences on monelary ilems IEceivable from or p￿Y￿bIL to a forn'ign operaiioTh for which s¢ttl¢mcni is neiiher plannLd nol. likcly to occw {thcr¢foJY forniing pwl of the n¢1 invesim¢M in th¢ foreign op¢rniionA **i¢h wised in oth¢r ¢ompr¢hensiv¢ in¢•mc r¢w)n¢d undei. equiry. F￿ryd itrnc¢ur¢ UnJYsli'i¢led in¢om¢ funds ar¢ 8¢n¢ral funds that ar¢ availabl¢ for use at th¢ di￿ttl10n in tiuth¢rnn¢¢ of the obj¢¢ilve$ of the charity. R¢strici¢d income fvnds are those d¢)nated for use in a particular IT￿ or for specifi¢ puryoses, the u9e of whlch r¢stii¢i¢d lo ibo1 &r¢a or purpos¢. Penblons other pojt ntlrtmtnt obllgitlo Th¥ Lharily operates a defined contribution perLSton scheme whi¢h is a t￿)0n plan und¢r whlch fix¢d conriibu¢ioA8 r paid into a pension tund and thc charity h&8 no legaj or coLrtrucLive obligation io pay fiffthcr conu'ibuti0rn8 even if th¢ futtd do¢s not hold suffi¢ieii¢ ￿¢ts to pay all anployrt$ the b¢rtefits reliling (o ￿*ploYe* sejvlcc in thc current and priorpcriod9. Conlribuliotts to d¢f￿)ed ¢ontribution plans are recognisd in thc Statement ol Financial Ac(iVLties when they we duc. If contribution payments exceed the contribuiion due for 3etvi¢e, th¢ excess is a pwpaym¢nt. P88e 19 Th¢ Birniingham Mosque Tn￿( Limited Notes to the FiDancial Statements for th¢ Year Endtd 31 Marth 2024 3 Income from donAtionJ Ind Itgxeles 21124 2023 Buildin8- Ext¢nsion Proj¢¢t Gift Aid Gen￿￿ coll¥aions 379,973 107,618 411.287 84.A61 82,145 526.728 241,297 336.289 127.360 69.110 Edu¢a(ion 1,065,484 1.300,784 Tot*1 2024 Totll 1023 OthcL' inv¢sthi¢nt in¢on)¢ 5,923 S Other Intome 2024 2023 Funerdl services Family Couns¢llin8 s¢rvl¢e m￿rIag¢ seTVi¢¢S Wedding hall Tent Bimiingham City CourÈ¢il Islwnic Relief 57,980 66.820 59,5 15.605 7,41 90.760 51,700 53,703 19.145 208.505 215,308 Page 20 The Birmingbam Mosque Trust Limited Notes to the Fin•n¢i41 Ststemtttts for the Yeir Ended 31 March 2024 6 Exptnditryre oll ehAritAbk Attivi¢ie A¢¢lvity IIDdtrtake din¢tly Cr*Trt fulldiDf Actlv5ty of *eit¥lty •upport eosts Ttyt•l 2024 Totsl 2023 Employment Cost Depreciation Fa¢iliti¢s ¢ost Goveimance Cost Offic¢ cxperts¢s Mo8qU¢ 8¢tvi¢¢s Marketing Llduea¢ioD 7Akat Con8ulr4n¢y Fe¢8 IY2933 131,230 73.989 192,933 131.230 73,989 22.401 48.419 8.249 10.259 15,960 70,971 62.860 15.456 181,636 120.567 57,182 95.951 26,903 23.565 22,593 22,401 48,419 8.249 10259 15.960 29.614 62.860 15.456 41.357 111,709 25,513 41.357 22.401 667619 7 An*lyik of iovernance and swpport ¢￿ts GovernAntt tthtl nrestrirtrd Tot*l Tot•1 21)23 Cener Audit fees Audit of the fin￿¢1￿1 ststtments Legal and pix)fessiond fees 7.800 14,601 7.800 14.601 7,8(M) 26,519 22.401 J4,319 Page 21 The Birmingham MoBq•e Trust Limi¢ed Notes to the Fin4n¢i41 Ststements for the Year Ellded 31 March 2024 Crant-mlking Below ar¢ d¢tsiis of mai¢rial Brants mad¢ to in5tiluli(41S 2024 2023 Nijne of In￿l￿d0 Abid Welfare ljlami¢ Relief Ummah C.aiE Troundation UK Care l.'or Children Herefordshire Community Foundation Aghosh UK Mercy Jntemational SK'f Welfare R¥8d Foundliion Saba Relier Al Hijith Educaiion Foundation dhi Intemalional FOU1)d￿lon UK Oth¢r ¢hariti￿ b¢low £1,000 EthaT Relief F.wD R¢lier Al I￿an FOun￿li0n Al Munir Foundation Al-shila TnL Imrnn Khan Con¢¢r Appeal Social Unity Foundation Saharn for Life Tru81 17.0(M> 21,5 5,952 s.s 5.000 3,600 2.500 2.507 2.500 2,500 2,000 1,500 1,325 1,500 1.500 1,000 1,0 Is,000 3.932 425 41,357 80,384 9 N¢t Ibtothlntlou¢toing resou￿￿ Nct incomiThg resourLe8 for lh¥ year include: 2024 1023 A￿lt fees D¢pre¢id¢ion of fixed &%Jets 7,8CO 131.230 7,800 12U.567 Page 22 The Bfimingham Mosque Trnst Limited Notes to the Financial StalemeDts for the Year Ended 31 March 2024 10 Truatett remunerxtlon #nd expens Dwittg th¢ yeox the rhBrity m8d¢ the following tiST￿￿tiO￿l with ts￿￿eth.. No trus*¢s, nor any pet￿lS conne¢*41 with IMVC rr¢elYcd any rcmun¢r8tiott from the chatlty durfng the y¢ai'. Page 23 The BirmiDghYdm Mosque Tn￿1 Limited Notes to tbe FinAth¢i*I Ststemetsts for the Ye*r Ended 31 MArch 2024 11 StAff costs Thr aggregate payroll costs w¢r¢ ￿ follows.. 2024 2023 Stsff ¢0sts durinE the year were: Wllge￿ and salaries Social s¢¢urity Costs Pension ¢osts 188,588 2220 2,125 178,399 1,031 2,206 181.636 Th¢ monthly aY￿a&e numF*r of p¢r8on8 {in¢luding s¢nior m4n4gffli￿l *aml employed by th¢ ¢hariry during the yeor expr¢ssed ￿ full tim¢ ¢quivilenis follo￿.. 2024 r*0 2023 No Sthff 19 18 No ¢mploye¢ rttrlvcd emoluttkents of more than £60.(W dwin8 the y¢ar. 12 Audftorn, r¢mun¢r*tlo 2024 2023 Audli of th¢ finan¢ial stat¢mcnts 7,8(M) 7.800 Page 24 The BirmiDgb4m Mosque Trnst Limi¢ed Notes to the Financi%1 SlateAlleDts for the Year Ended 31 Marcb 2024 13 T*￿tIO The charity is a T¢gist¢r¢d cl)ority and is th¢r¢for¢ exempi from 14 T#TrKlblt fiAed •JxtJ Land Ind bualdings Furnltyr¢ *md tquhpmtnt Total A¢ l A￿11 2023 Additions 5,489.210 652,445 421.851 5,911,061 652 445 At 31 Mprch 2024 6,141,655 421,851 6,563,506 Depreci•tlon At l April 2023 Charge for the ye 672,641 122,514 378,273 8,716 1,050,914 131.230 At 31 March 2024 795.155 386.989 1,182,144 Nei book vxlue Ai 31 Mairh 2024 5,346,500 34.862 5..381.362 At JI N4arLh 2023 4 816.569 4J.578 4.860,147 15 D¢btors 2024 Other debtor¥ 107.618 16 CAJb tajh equlYAlents 2024 2023 C￿h ott hattd Cash ai bank Short-temi depo$its 28.920 ,541.363 1.530,807 26,265 1.570,283 1,557 683 Pag¢ 25 The Birmingham Mosque Trust Limited Note8 to the FimADcial StAtemellts for Ihe Ytar Ended 31 Marth 2024 17 Crtditors: fxlllTrg dll¢ ymr 2024 2023 Other ¢r¢dito Accru￿5 l(K),148 15,998 84.176 11,799 116,146 95,975 18 Funth B•iaThte *¢ I Aprll 20LI Rt4o¥rceJ expended BAl*nct At 31 Mxnh 2024 Unrtstrkted fjen¢r 3,070,530 809.555 {611,3701 3,268,715 Re•trl¢t¢d fvmdi 3 251325 3 674 402 TotAI 6J21.855 1,273,989 {652,7271 6.943,117 B*lAp¢¢ *¢ I AprAI 2022 RtJourceJ txptmdeil BAIAnct At 31 Mircb 2023 our¢ U#mtrlcted OeDth?I 1764.456 867,927 {561,8531 3,070,530 R•strl¢t¢d 2.703.003 654,088 105,766 3,251,325 Tot*1 funds 6,321,855 The Jpe¢ifi¢ purpos¢$ for which the are ¢0 be applied as followy.. The Restricted R￿erv￿ iD¢lud¢ fimds rnised for the 8Tm projecw 8rnnts 4nd Zak￿ funds Pa8¢ 26 The Birniingb4m Mosque Trnst Limited Notes to the FinantjAI Ststemellts for the Yegr Ended 31 Mxrcb 2024 19 An#tyils ofmtt wtts b¢twttll fvttds Totsl funds gt 31 M*rch 2024 UDrestrkted CtnerAI Reatrlcte funds Tan8ible tixed ￿ets CuiY¢ni assds Current liobilitie3 1.7(kn,960 .677.901 {116.1461 3,674.402 5,381,362 1,677.901 (116,1461 Total net asBL 3,268,715 3,674,402 6,943,117 Tot•1 funda At 31 M*rch 2023 Lnrt5trltted CtTheral Restrftted hlnds 1'An8ible fix¢d a38ets Currenl 0&8ei8 CU￿¢￿1 liabiliti¢s 1,608,822 1,557.683 95.9751 3351,325 4,860,147 1.557,683 9S.97SI Tot81 n¢t ossets 3.070.530 3,251.325 6,321.855 P8g¢ 27