THE WALTHAM FOREST ISLAMIC ASSOCIATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Charity HuM￿r 270323 THE WALTHAM FOREST ISLAMIC ASSOCIATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS PAGE Members of the Boad and professlonal advisers Trustees Annual Report 2to4 1rKlepend￿l auditor's report to the members 5t07 Statement of financial activities Balance sheèt Cash flow slalemenl 10 Notes to the financial statements 11to17 THE WALTHAM FOREST ISLAMIC ASSOCIATION MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS Re9iStered C￿rity THEWALTMAM FOREST ISLAMICASSOCL4TION frar￿ numt*r 270323 ddress 439451 Lea Bridge Road Le￿n London EIO 7EA EYe¢ut￿ managemoht ¢ommMts8 Mr Ch Abyul Majid Mr RajaA8mir H8￿b Mr Raja Moh&mmed ltya3 ansoor Ramzan PAr Ram78n Abrahhm Mr Hafiz AiAkb8r Mr Nisgr￿￿rned {Pre5idgnt) 1￿Ce p￿rIen1) IGen2ral Secielaryl Ipssisianl Gerwal Seuesaryl ITr9H6urerl IIAr* Treasurerl (Chairman Grove Ro8dl Committee IArGhulam E HathrMi rS8jid Butt Ch Ni5BrAhmgd UrT&rKI mo￿0y Ilrlrfan Khalv4 Ilr Ch Saqib Hvss•Tr Ilr Mustaf8 Abb88 Mr Nadeern Ra￿n sterting Solubl￿ Lb 37 York Road HfoTd IG1 3AD TC PrimarA Lid statuloryAudrfLK IstFb)N. Spiialfidds Hou¥9. sts.rfiw Way. 8orehamwoDd eTllordshire VVD6 2FX Bankers B•s Bank P 276 Slr8BI IPl£lthamsknw London E17 9QE faÉe i THE WALTHAM FOREST ISLAMIC ASSOCIATION TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustee$ present their r8prK* and Ihe f*nanoal ststements oflhe ¢h8rity tr thg year #rthd 31 March 2025. R•for•ne• and Admlnlstratlv• dotallB Reglstor8d charrty namp: Waltham F¢Yest IslamlcAs8ocialhin Charlty roglstratlon 270323 ptrtpal offi¢•: 439451 L8a Bridg• Road Leyton LoThlon E10 7EA The truste•s who 80rv8d the charty dufiro the period w¢r¥ gs lolbws.. Mr Moh8mmad Yous&f Mr Imran Razzak Mr Mahboob Wi Syeol Akmar Haa$an Str￿tUre. qovernonce ond managoment Gov•rnln9 Do¢umont ¢harlty 1$ govemed ty a conslltutlon adopted In M8y 1975 and last updated InAwu$12021. T￿tru118eS are elected for frfe 8nd 8re eX￿fficI0 members ofttE TnanagementG￿nt[Mttee ￿$￿ible for Ihe gewal Contr￿ and managemerrt dthe charity. Thetwsteey 9ive thelr bme fr8ely¥md recsve no remur*rth"on ￿ otherfin&nc￿l berfrfs. The management corn￿￿ttee mee1$ conducl Ihe busthess oflhe th8rity. Tlwe rneetiiy folk)wa fomial wda aTrJ deu¥ion5 are b8$Èd w 8 sim￿e m*rfty. Al monthty ftwbngs ts c¥xfim￿et agrees the broad 51ralew and a￿86 of arAivltyforll* tharity induthrvj re%wves risk rnanagement, TEIallon5hlp$￿l￿ othergrDy and tharftles 8rKJ indiv1du￿S, WlcSes and pwForffl￿. Trultse induction and training NewtrJ51ees are biiefed on tsir ￿al oblvJ4*ons under charity law. Ihe njes ard WU￿10￿$ Oft￿ thrity. Ihe m8n8ganent ¢ommittee and t￿ded$￿n Ma￿rg pro￿s8e3 recent anu projecled financial ￿rf0mlar￿e0f1h8 tharty. Pa8e 2 THE WALTHAM FOREST ISLAMIC ASSOCIATION TRUST￿ ANF4jALREP￿T I￿n￿￿U￿rt) FOR THE YEARENDED 31 fAAReH 2r125 RIBk The IIU6te&s thB rn￿llErn￿rt t¢Yfillitt*èl ¢ui ￿ annual m¥lewj5. educknl Tht ChBrity has gJffklEnl rewves atihe oflheffftaickl ÈtaLenwM8. Tr chwityhJ$ iesÈrYtt to enao iomè•i Mo Ilthllhiasand i ant￿P*s1h￿ thwityw￿l¢tyith￿• to r(*et qs iheyfFII thJe fty Htlea6ttrvgtye mith$fr4m lhea￿￿c4 BpwovaloIlh•ffi￿￿l THE WALTHAM FOREST ISLAMIC ASSOCJATION TrUSTEES ANNVAL REPORT {conti￿ued) FOR THE YEAR ENDED 31 MAR¢H 2025 Tne trvslees expect Ihe illWrna to contrue in upw8rd tr8*ctory iThai 8H COVKI restdaons nave eas80 am fiom811ty ba$ relumed. They further dMaih)n$ to Incre888 s￿n￿¢8￿￿ once K4awlng apwov* * ootain8J fDf nEW Chiwfcid 51tèwhIch￿il è6 *noY4)) as VVFIA ChIngf￿d CommMrtyCenire. Th8 uu5Lees **re hurnb*d by Ine elmLw￿es WJPPOrt wlEn a wJe5t for Interest fr* k*n5 donat￿￿$ we rnade foi purchaslng cThfftgfo￿ ￿$2. We aFrt￿pate an orgixry pe￿0d vthere IDiereBt free WMI nelp 3Tr1 support de¥￿0￿m￿n1•f IheC)inglord prqed Triisieo6' r•sptsnsiblllll&8 tslatement The reSpon￿b￿ for piEpary the trusiee5' Fewn and th¢ fin8n￿* $iaiemenls ￿ 8c¢VftJan￿ ¥plic4bl¢ low and United K￿gdOrn Accountiry sta￿ards (Unw KIn￿rn Genevaly AtteP1￿ Accourfng PB¢U*l. The ￿ appThCab￿t0 charftie5 In EngkTrJ and W8188 reqirires the buiÈestO ry8P8iefinan(J* Its￿ments foi eath J*¥ Wh1¢h9￿ a Iwe and lar al th¢ ot •ff¥irs of the ¢h8nty &rKI of Iiie ￿cOmIN I85￿#t8$ 8PPli¢•tson of re$tsur¢th. of trecharty loi Ihol perloLI. In prnparfng th8s6 rtharrial$tstements, Ihe by¥teeg werequTrd lo.. electsJIao￿ pJki8s then Eppty cc￿515t￿lty. <> observe the melh¢dB and 8p[l￿able Ch*lfj6s SORP: ¢> maxeludgrnen￿ and vslim8lF¥ IW 8tE reJsDn3ble8nd ppjdentr. prepare the flnarKièl $tatem*nt8 gDing fOTWXln bosis unlE55 tt ly Inapprcpfjate to piefft Ih* the Gharlty ￿41 ¢wbn* in businBss. Th& ￿$1888 ate re8ptyisltla fw ke8ping Bdequale acco￿ti￿ reraxdB that am fyuffirl&rt to Show ¥Ld thè lBn$8¢U0￿ dYsth$e wih rea8onable accwary al any Urna ihe finantxal PCtsi¥on ollhE ttArhy and enable it*m ID ensut ai fin¥nr4ai stalernentts eoffljty wlth the Charihes *£12011. the appltt9b￿ Cha￿￿e5 (Aecounts and RepDrt$l Re4ul8bM8, tne prow$ions of the Tru81 De￿ Tley we a￿ ¢sponsibfe lor safrguardinp the Dlth• charity ar￿ fur l&ki ieasonable steps forthe preverfon 8nd Ode￿￿01 frdud oLh*¥tByu181it1è8. Mr Moha mad YouHaf r Imr•n R•t2ak rMahboDbAII Sy•d Akhtar Hassa PAKe4 THE WALTHAM FOREST ISLAMIC ASSOCIATION INDEPE14DEWT AUThTOffS REPORT TO TrE MEMBERS OF ThEWALTHAM FOREST ISLAMICAS80CIATrON FOR THE YEAR ENDEO 31 MARCH 2025 Oplnknl We have a¥ditttl thè $tsierf*nts ofTHE WALTHAM FOREST ISLAM￿ ASSOCNTION Itf*'rharlabkn truBfj for the yeor ended 31 MNRCH 2025. ffin8Klal reporbng frarnBv￿rk that has t￿eTh appllÈd In thélr prepaM*)n is apFlkabfe I d Uniled Kinodom A￿U￿tin0 Standards. incI￿li￿a Fin8noal Rewrfing Standard 102 Thé Fln8nu81 Repojtmg Stsnd8 appl￿￿1)1￿ tn Iha UK end Republic of Ifelènd (Unw ￿ng(b)M Ge￿ra11YA￿pted Arwunlhig ProGtitel. In tyjrwrmonthe fin8￿1815￿terr￿n1￿. wè a truè fatr vkn of the state or the c*8W8 affair5 85 * 31 MARCH 2025 and of lis Inc<•Mho reswrces 4)p1￿*th)n ￿ resou￿$. il¥ irKonE ondexF¢nddfft, ftsrtht￿rth￿ ended," ha￿ been prcyerfy rrfepa￿ in 8ro)rdoncÉ Unfted G￿￿al￿ pl￿re., •rxl e W prEpared rn xcordanp*whh thè requirements olihe Ch8rilies Act 2011. foroplnlon We ￿dude￿ tyjr 8u(*'l in xcordance Interrotirm4 Standard& on Audttlno (UKI IISAS IUK)18nd Sp￿ica￿e *•. Our re5ponsib51ities under those standards are fvrfher deg(xtEd in the ALvJfv)¢• retsponsiL￿rt*S for the audit of the Str￿MeN5 seckn ofour repcd We are independent of the L*8thbiè ump8ny In xcordanca the etli￿1 w¥wetnents that We retevanl lo our 8y¢II ofthe financ&41 sta*M￿ts in the UK, Ir￿ILlI￿0 the FRC'S ElhKal Standard. and have luhIl￿d our olher ethi(¥l rèspmibiltios in accordance *lth these requiren￿ts. We bel*&ve th81 the audtt have obtsinad IS 5uffityent and Opproprlato ￿ p￿￿￿8 b8sbft*wr O￿n￿. ContluJioM to gokng eonc•rn In lud￿n0 th& finanLW st8t8m8nl& ￿ hwe 0)￿luded trpt the dire¢te*s ust of Ihè otslng o)ntsm bas￿ of8ccounb"w in th? prepathtion ofthe fmandal slatern￿ts is 8woprfol8. Based on the have performéd. we have any material wcertainb.es relgb.ng to events or condikns thaL dlvkyualtyor collectNely. fflay (*st svJnth(xnt doubl ￿ the company's abilty lo collts"nLEa6 a for a p8rbJd ofat l&ast ￿￿eTh0nths frorn thefirnanrxd statemwts are aulhodsed for iwe. Our re¥onsibilrtEs and the respo￿siblkl￿5 oflhe dIre￿)r￿ respecl to aoSng CC￿CeM we described in le￿¥&nt serkn8 oflhls report. ¢)th•r Inlom*fjon Tht tm*ee8 8r6 respons5118 br ts other infcfrrotirm. The other information (Xjmpri￿ the Inform8tion Ind￿je￿ in the trustoes, annual report. ot￿r ihan Ihe finan(i4 5ts1errentts Éhd our •udknffs ￿port lher￿. Our opinion cn the financial statemenis doe5 not co¥8r th• Olher infDrrnation aThJ. except io the extant othernvlse explKffjy staled In (w repDrt. wè do noi exsY8SS 8ny form orassur￿¢￿￿duth thEreon. ?￿e5 THE YIALTHAM FOREST ISLAMIC ASSOCIATION INDEPENDENT AUDThOR'S REPORT TO ThE MEMBERS OF THE VIALTHAM FOREST ISLAIIIC ASs0￿￿N l¢orttlnwdl FOR THE YEAR ENDED 31 2025 In ctyrncuon Ylth audll ol the financ4al staterrents. our rEsportsitrAty is t¢ ￿8￿ tr* othèr inforniatson and, In dolrrfJ 50. c£￿1￿er Yknether the Dther infomialon Is maiedally Incor6lstent wlh the fi￿n￿al 51alwrEnls ty ovr k￿Y￿ledge obtaln8d In the 8udlt ￿ othemise appears lo té materially mlssiated. If k1enbty such material ineortsistenues or aPPÈTent material mr6sts1￿￿Pnts, v* are requlred lo determine %4thether there t5 a malerial nNs$tstsmenl In Ihe fin8ndal staleFrents or a Inat￿14 ry¥S5￿men1 olts ¢)tsr infomalion. Ir, ba8*J on IhewDrk ￿ have perffrfrrrd. that Ihwe 18 a malefial I￿ss￿￿rne￿to1 IINS otrEr IrrforTnatiM, * a￿ req￿red lo reportthal facL We have nothirwJ to reporf ￿ ttis ryard. Mott•rs M whkh ar• requlrod to rnport ty oxceptbn We ha%* nothing to reptKI ITr re5rk¢t of Ihe follo￿n9 matLers In rdatbn the Chafft*& {Accounts and RepJrtBI Regulations 2QYJ8 rewires u5 to reptrtto y(Ki if, in wr (Wnlon." 8daquate accountsThJ rerJ7rd¥ have not been kept by ￿., Ihe finandal statemort$ a￿ not In ¥gw￿nt￿Ath acwunllThJ r8r¥)rds and relums.. or have Th)t rec￿e￿ Ill iiformab'on explanatlons ￿ rewire for our a￿t. R￿pOnsI￿Al￿1￿5 of tr￿tee As expL4wed rtK)re lulty in ts twst685' iesponsibilit￿S statement get out on page 3, trLJ&ee& are responslble for Ihe preparation of the financial 5ts1ernents and far being satisfied that IW glve a tru8 and fglr ￿ew. and for $wh intemal control as Ihe trustees determine is 1￿CeSSary lo enaNe the preparation Qf fin￿81 statwnents Ihal ar8 fvee from material mk%$taten*r( %**iher dua to fraud or error. In preparfr#J the finandal stsleffonts, the t￿￿tee$ are respon5iblE for 8sses*n9 Ihe chadl814è ¢￿an*S ability to conbnue a$ a goiN4 Lor￿n. d1sd0sl￿. as ¥piicable. M3tt￿5 rdated tD 9oln9 ond the goiry cmm ba￿8 ol accoLnbffj unles$ ts Iru&t88$ 81th8r intend lo ￿￿Idate Ihe tharita￿e trLL%t or ity ￿$¢ cperalcn$, or have Trj reali5b"c 8liemati¥e but lo do 50. Extentto whkh thO￿alWa1 con$Wgr•d upabl• QI dthctlng 1rr4gular11198, Ir￿1￿J1￿9 fraud oblecli¥es of our audit. in ￿pert to fraud, *e." lo ¥Jentify and assess ihe risKs of mi551atemenl ￿ the ffnanri Btaterrtnls due to fraud.. to obtain 5uffident appropd81È audite￿den* regardlrvJ Ihe assessed thsks of matenal mi55talernent due toirajd, through de&gnlng and Impl8merfrvJ sppropdate rfysptyise$". aThJ to respond •wopriatetyto fraud or S￿SpeC￿l fraud identyfied Ihe 8￿lit. Ho￿eVer, the prlmary resrN)nsibilty ￿the preverfon detethDn of fraud both Jse Charg￿ wlh gObErnan￿ ofthe entity8￿ Its maftagement. C*Jrapproa¢h %Yas a$ fdlm". We iderlthd are85 L* IM wu18llork8 Ihat C￿k1 leason8￿Y be expecled lo have a effeot on Ihe fin8nclal state￿￿nts from our general rornrner¢i81 arnl $ecttsr expÈdenc£. and through di5CLBsion ￿11￿ dire¢tor$ othèr mat￿9￿M*￿{Ss requiied by audSUng 51andardsl. and di$cus$td Ihe dlrectors and Olher managemefit the polities and prO￿dureS r￿¥￿ing comWlanc* ￿ law8 and regulau0￿.. P46È6 THE WALTHAM FOREST ISLAWC ASSOCIATION INDEPENDENT AUDIToifs IIEPORT TO THE MEMBERS OF ￿ WALTHAM FOREST ISLAMIC ASSOCIATION l¢anUnu&l1 FOR THE YEAR ENDED 31 MARCH 2025 We pJenlifipAJ ￿ fthby•my wea5 85 th0￿ mDSt l*ety to hav8 5uth an ￿￿t.. Ganeral Data Protection RegwIat￿fi IGDPRI., fraud and brbery and ¢{￿P*On. Auditi'ng $tsndgrds limit the r￿ul1&y audrt pro￿j￿re$ to Klenlfy non-txmtAlance with th Iw$ 8TrJ regulatwM lo enqulry of thetrustees arNI other managemènt and insF¢Ction crf wtylatory and Wl coffesFond8nce, rf any. The k1entff*A actual ￿ su¥wkd nOr￿￿1￿nL￿ was not suffi¢ientty to our audtt to resutt li our ¥8SPDMe LEirwJ ulentthed a$ a kgy audh rn3tter. We ¢(x)sTrJered ihe *al and reguklory fram*￿)￿$ directly applicable to th8 finanual $t*mant8 repor￿n9 fram8th IFRS 102 arxl the Charl￿$ Ad 20111 and Ihe rekvont bx ojmpl￿r￿E TEuulotion$ in th8 UK; We ￿s￿l￿re￿ th8 nBlure of Ihe industry. the environment 8MI bu$ing55 Perfo￿anCe, the key drws for mAnggen*nt's remu[￿￿￿￿. We ￿mMUn￿a￿ thrkliw lhrtyjgh￿rt wr te￿ 4nd remained lert to any indtafjons of non- ethN)l*nc8 1hrc￿hrXrt the 8￿Jit,. We cons￿￿•red ar¥J cortrda that the thaty has establi5hd to addre$s ￿kS vjentilknl. or that otlENi5e pmort d81u and dew fr?￿J. a￿j hLwsenK)r management Ml￿rtoIS those prc¥Jramme8 8Tr1 wntrcds. Based on thi5 we de5KJnÈd oui audit procedures to h1entfy Don-c￿]￿1nc8 wlh su(* ¥ws and reyulatx)n$. Where the ￿k was rJ)rsbJered to t¢ h•Jher. we perfo￿￿ed audit wccalure5 to ad(*ess 88th thY•)tff*AI fraud ￿k. These prrKedures fft￿￿ed.. t85ting manual journaL%.' reVItr￿r￿ the finanrAal $tatsm8Trt dI￿￿5￿￿e5 testing to sur¥x)rfing documentat¥)n". r*rfomwo gnaMiGal prc£edures.' and enquinng of man8gwn8nt. 8nd ￿re design8d to provije r￿Onable 8sswance Ihalth8 ffinarKiBI 5ts1ewts we free fmm fraud or 81ror. Owmg lo the ￿￿rent limitations of an aud￿, there L% an unavcldable risk that ￿ may nol ￿VE detected Sl￿ m*ri81 misstalemen15 In the financial S￿1￿ents, even Ihough we have pryrty pLgnned and r£rf0￿￿d ouraudit in acCO￿aNt￿ with 8udthng standards. For ex8rnp￿. the furtsr removed nowjmpfkqnce wtih Iws and leguLath￿S (irrtyuLqrrt￿SI 15 from the 8verts and tran5*tK)ns ref￿ded in fin8ncial statements, the ￿ likety the Inherentty pr¢￿ed￿re¥ requi￿ by audth'ro 5tsndards woubj pJenlly it. The fisk is 8150 greater regarding I￿egu￿rit￿ ocCU￿1n9 Llu8 lo fraud ralher Ihan ¢rror. a8 fra￿1 invofves it)t8nti)nal con￿knent, frjrgery, ¢oUus*Jrb. omission or misreprasentstion We are not resp(￿$￿16 for VIent￿l9 ThyKtynWianc8 and Eonmt be 8XFeded to detect noTrCoM￿l4nc4 wbth 41 L9￿ and rngukt&Jns. A fijrther d&SC￿l%)n of ow resPC•5￿]￿1￿ 8vasiibb on the FinNnttial ReportirwJ CouneJfs website at: MI￿..}￿¥￿.frc.Org.￿audrtThSrespOnthlliIlt$. Thi8 de￿p*'On Ioryn5 Partofour audlorfs rep U8• r•ptyt report i8 made sowtothe ¢h8rtys membe[5. 9$ a W, in atxordants with th8 Chawrf•$ Act 2011. Ow3udii *ork has b88n uThlerlaken so Ihal fflwaht slaia to IhB tharitws member5 those matss We aro to Stste io him #) an audrto¢5 report and for no other puw. To the fvlkst extent F4mitted by la*, do noi or 8ssirne re5pon$ibrfty to anyope dh6r than thE Glorty and the char*s mwnbers, a5 a bth. for our audit woth, lor this rerth, w for the CPhiions we have (Senlor $i*￿0ry Aud*orl for and on behaWolTC Group Statutory Auditors 30.01.2026 Olf￿8.. Borehamwood P¥8è7 7HE WALTHAM FOREST ISLAMIC ASSOCIATION STATEIAENTOF FINANCL4L AClnWmE8 FC* THEYEAR ENDED 31 MARCH 2021 51mJff2026 311)a12024 RHtriGted Fur￿* Toi Funds Not• Incrffjlw R••wrc•B eiBth9finds. 575.925 575.925 89.527 1D4,470 T*xiI In¢omlTrJ 641931 114A25 114.425 128,425 DThisWon$Ghwn 107.791 107.7è1 31,210 nbin*trth*EXPW 53,32f MOtorRunnkno$Tr4¥el 2.eeo R&t&s. & ￿er￿0P*￿1*led 1se.84 1%.649 17$, 8*lk CW•S 1.83 1.240 L￿1 Wes*On￿Fees 8.794 14.875 14.075 19.790 472114 472M14 N•tMov￿NtuftU￿d 192 T¢t•lfrJTrts brnyllbtfpnwd 9￿9,fjTr IIy9,6Tf 9.435.W6 Tgt•lfvthcarrfedlurA*d 9742 318 P4llea THE WALTHAM FOResT ISLAMIC ASSOCIATION ALATrICE SHEE[ FOR THE YEAR ENDED 31 M4R¢H 202$ 311031201S 3110313024 FiApd A55ets-TJr9iWeAwts Freeh(4d Lar￿ & Ive*Fffleni Pro•s B022- R￿$￿￿8&) Plant& Plathinery & F￿lf￿ IT Eq￿l￿an1$ 7.e49.299 2.777.381 77.821 19 t20 7.3e6 27.769 1.547.3S7 2.7YI,381 86.468 t7.894 6.B91 30.855 10,558,? 1Q,466,816 ¢uirtr*tA$6ets Slrtk QItsrre￿¥ab Cash kn HoThJ &earh 8￿￿r￿* 1.aoD 3.725 311.4UQ 316.120 4,325 10 4a6.949 Cr¢dllors'. F¥lllng 41Nn On8 Y•ar 81,S66 ryent 234 3D1 431 10.791315 10.71F,177 Cr¢ditors- Amount¥ Fblltllg D Athr Mor•Th•n On&YkaT 01t￿r L￿9 Tfnn Lo 1Z 11,051.CODI 11.210.6L¥J 9 742 315 9.54671 CapitalAcEou U￿￿tr￿￿j IrKofiw Fur S49.677 Ttrrt5e & slwed bylhe bOwdoftrwtefj8￿d arth[￿ed t￿￿0 Mi M¢hafflrnpd Yow•l i Imrnn R¥zzak bAII 5y¢O AkbtarH*è&in PAW9 THE WALTHAM FOREST ISLAMIC ASSOCIATION CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2026 51 Pknr 2026 31 Mir 2024 NetM0￿ment offund 192ffj38 116.371 Adluskn4rt* for. DepreoatK)n 14.675 15,79Q 207.313 132,101 l*)v•m•rts In wortbng capttal: Ith¢￿se) l(kuease In stock {th¢re8￿} ItWe8se In trade and other w4Y•btes IDecreasel I lrtrease Sn Ir8de and olher payablgs duE than 1 YT ID&￿a$*I l irKrèasÉ h) trade and Oiher payab f3 600 173.9521 167.6(Y) 399 11.5501 101.160 117.2001 C•¥h yrwJr•tsd Irom Opera￿OnI l Net caEh IID frorn acllvWè* 133.6261 114.gyj In¥￿11￿9 •Ctfvth¥ Purch858 ofproperty. pf8nl and equlpft*rt 1106.585 I&￿,001 N•tlnern••el Ido¢veu•Tr In ond ¢a¥h eq￿•le￿tr 94940 Cash cash equiv8*nts at beginrdry ofyeèv 451.611 356,671 Cash and u•h gquhalpnts •¢gr￿ ofyvr 311,400 451,811 The notes¢n paw llto 17from part of iheseflnandal statements. age io THE WALTHAM FOREST ISLAMIC ASSOCIATION NOTES TO THE FIANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 General infonnation The thartyi88 publi¢ tenefilently and • Wlytered tharity in Eng￿Tr￿ and Walos ¥nd 1$ uninwrpDrAkd. The addres8 olthe pnncipal office Is 439451 L•a Bridg• Road. Leylon, London E10 7EA. Statement of compllanc• ThgEo Statements ha¥è prepar6d In compllwce FRS 102.'Th• Fin•ndal RWin9 Skndard 8M7ltabl8 In tho UK and the Republicof Iro18nd', the StatemBnt of Recommended Pra¢ticg applicable to 1. Ac¢ounUnq Pollcle• 8aB18 of prep4Trtlon The￿na￿al gt8tsments hav8 be8n kYep8r* onth6hMtsric81 cost b9¥i¥. g¥ rn3teOloexpend￿r￿cthg￿os ￿￿ètt￿n$ U*ul4Otlh•t•A(iJrc*. DI￿ CO5ts4Ith￿t9b1etOa￿wV b￿Lyare allcrAted dtracuylo that ￿ti￿ty. Sh¥8d Costs ar8 aPP￿v)￿l btheen I￿￿8￿￿¥88th0Y r4nIrfbLrtet0(￿ a Tpay￿Pbb. Con￿6￿nIb3th. Tanglbl¢ •sx T3n51b￿￿X￿daS5￿ttQth+rthln freehold lafyJ.•restètedètcostQi v4u*iof*￿sdePr¢(￿7on unle55¢1hel￿t silted belaw. Depieclatlan15pro￿dEd at rafe5(3kn1*Ediowrite offlheidualvab2e is Sufflclenttyhlthft¢ aiydepre¢laVon ¢harseto be Immaterial. Thetrusttts undertakeanannuallmpalmemreviewioconfirrn thaitherei5 nomthrial impèlrmenttofr￿h(Ad landaThd ￿J7￿1n8. Invesiments propwfjes4re hel￿￿ falrvalue, thlth 15 m•aSUr4d￿nL￿l¥%¥IththanIes*￿falrVolUele￿ISeO in GèinJllosseSlC￿ lèilvalue ol*&ed wets, Inihe*FJt 2.Voluttsry Incr￿￿9 UnrEBtrlcted F￿d% RestrKtq(I Fund# Trtal Fwd$ 202J Total Funds2024 342,484 .593 67.670 3.623 26.738 1.SOD 46,726 1,613 270,3S9 62,693 36,915 3,777 1S,3DS 920 47,782 710 Grtrrt Road CO1￿￿￿) Funeral Receipts NIW DonaUDn8 KiicDen Oonabons R*io In￿m¥ Eijwakn r* Incomo Other Income 8S,$93 57,67¢ 3,623 26,736 1.500 46.726 57S 92$ 575 925 438,461 938e 12 THE WALTHAM FOREST ISLAPIIC ASSOCIATION NOTES TO THE FIANCIAL STATEMENTS (con￿n￿ed) FOR ThIE YEAR ENDED 31 MARCH 2025 lthve**nent Intome UnMt1￿léd Fund¥ Re8tvlct•d Fund¥ rotsl Funds 2026 Totjl FI￿￿% 2024 Rentsl Irthrr* From ProperbO$ 89,027 Dlrg¢tCog1• R•strlctsd Fund• Total Funds 2D15 T0101 Fund• 2024 Fund Opening Sloc*- Funernl Boxes Funeral Eypense5 Mad￿sEa Educ•lon. Book5 8 E￿￿11￿ Social Acti¥ite8 1 Subststsr Radkns Cbsino Strxk- Fun8ral Box0$ 1,013 13,584 98.107 1.245 1,476 1.013 13.584 98.107 1.245 1.476 1.412 5.392 118.52D 1,771 2,343 1.013 & Oofiatlons Gfvon UnrostrT¢tsd R•thtted F￿nd8 Fund$ Totsi Fund¥ 20Z5 Funda 2024 Gl¥en To Other Oroanisations & Cknfjtes 107 791 34.210 Past 13 THE WALTHAM FOREST ISLAMIC A&8OCIATI¢J4 140TES TO THE FLANCIALSTATEMENTS Icontlnu•dl FOR THEYEAR ENDED31 MARCH 2025 &Admlnl•tr4Yv• Exporn91 Itlstslledl Unresirtctéd Totsl FuTrJ$ 2fy24 Funds 11 st4ff Emoknnents ¢$ & Salth (Gro$81 The Av•we ofernpWoA durtrvJthe￿r. c4kJthoted cnthe baJiB of*J￿￿rn0 04uw*OnX a*￿1￿.. 2024 Numbw¢fgthff No emkNO￿ r6owv•d romunerakn ofnxtstr*n£eo.000 dwiry yaAr (2024. NM). Ther¢*rt noty￿￿e¥ lenN￿er&I￿orothVbenthjfQr￿eYOBrend9ts 31 Morch 2tr25. l MotorRunnirf S Tiav•iiiny 2,8BO l Rat•4 In%￿ranCe% OtherpropErty relatud oxpen 10,373 35,027 8,525 10,m $5,027 ,525 17.41$ 89.138 .419 7.647 5S.4e7 7.519 2S,074 62,284 5,388 724 L￿nt & Heot ProKArty Inyurar Security& Flresafety Cleaniw. Caretakers & Water Ratsg AdvertSserrEnl Prowty Rewr8 & m￿nterAr￿• 68,136 8,41$ 1,950 6803 e.803 17 fvl Teknph¢)n4, PoFtsBO ¥nd Ottwr office 9.112 v} BankChirB P4e 14 THE WALTHAM FOREST ISLAMIC ASSOCIATION NOTES TO THE FIANCIAL STATEMENTS Icontlnued} FOR THE YEAR ENDED 31 MARCH 2025 6. A(knlnlstratSve Expenge# ID8taNed Contlnued} Unre8trf¢ted Funds R•slrl¢tsd Fund5 Totsl Fun(1s 2025 Tot•1 Funds 2024 vll Audr( Aceounlan¢y & Logal and PrOf￿10n91 Ftt• ¢ountsn¢y & B¢okkgeplng Audrtors Ramuneration Legal & Profession81 Fee 4,494 4.200 4,494 4,2LKI 4,594 4,200 vii) Depr•cialion Depreaation on Tangibl& FixgJ Ass&ls 14676 790 Page 15 IHE WALThAM FORE8TI8LAm￿ AsWCIA￿0N NOTES TO THE FioJIC￿LsTA7E￿ENT$¢¢￿Nn￿0} FOR Tb*YWI WIDEDJI MARCH 2ts28 fit& Pl*r4r BuX4r• PrOP*V•• Vqhk (2022. CO•trfFlx¢dA*Ith A¥at01 A￿l2r￿4 7.547.¥1 101.• 2.777•1 37.061 ¢￿IL(L5¥￿5￿f￿w￿A •AatJl Maych 2th2S 17nJ at01 W12tsy 19,15T .$95 Bl8 Aiat31 Ilwrh2025 NEt BvDkv￿uE Alal J1 k1V¢h￿25 219 420 716 Ai4111 klvch2D24 7 $17J57 &stork g.Debl•T• P•x•16 THE WALTHAM FOREST18LAMIC ASSOCIATION NOTES TO THE FIANCIAL STATEMENTS Icontinuedl FOR THE YEAR EIIDED 31 MARCH 2025 10. ¢a$h In Hand and at Bank 2026 2024 Bar Cash in Harnj 300.674 10.726 311 434.791 16.820 4$1.611 11. Credilofs 2025 2024 Accmjals Securftydepostt rent pay S8ttqa Zakat PaydiAe E￿i￿Alon payable Wa98s a￿j Salarycontrd A¢Munl SocL•l Sewrity& Taxal 8,IbX) 1,800 0,208 1.536 4,409 5.423 8,19J 1,8(KJ 135.973 3,150 81 518 11 CrodltorB: AM0￿18 Falllng Oug Aft•r Thfyn Y￿1 2025 2024 Qwz e Hass￿8 Q8rz E Hasna is an interest free low tsm) loan wth nofjx•Y lerfflSofrèps￿n8nt. 13. UnrnStrfCt￿ In¢on*FuTh Balanco at OIApTr24 Irh¢omlng Revalu￿On of prtoryear rosourc8• L￿￿ & Bulldlng¥ •djustments B•lart¢•at J1-Mar-2G General FLWYJS 9 549 677 192 638 14 An•lpK¥ olNolAswts Bolw8en Fun Unrostwktsd Fundg Totrl Fwils 2025 T¢lal Fund 2024 Tangible fix8d a￿ts Current assets Creditors les5 Ihan 1 ￿ar Creditors gre8terlhan 1 ￿r 10.558.756 316.125 181.5661 10,858,758 318.125 I81,￿) 10.466,846 456,949 1155,518) 1218eLhJ 9 742.315 9742315 Page 17