Charity r¢tion 4 271538 THE BALHAM MOSQUE Annual Report for the year ended 3 1st March 2023 MIAIDI AND CO STATLrroRY AUDrroRS 241 AlttchfflnRoa4 Tootsn& LopthrySIY17 9JQ Tekphone: 0208 767 230 Fu: Tr20 8767 9110
IDfonnatloR Sir Iqb81 Sacranie Mr. Mohammed AyazTrfthzi Mr. Farouk Valitnohamed Mr A K Ameiee Aniz Ju&sab Regbtsred Offle 47A Batham Road ' SW12 9AW Audfttorj Ik£Zaidi and Co 241 Mitcham Road SW17 9JQ B#nk¢rs 117 B8lbam I8 Road IL*ndon SW17 9AJ National WestiniiLfy Baok Pk 63 - 65 Piccadilly IA)ndon WIIOAJ Al Rayan Bank 77.79 FAgware Road Cknrity Rez Number 27153
THE BALWf MOSQtJE Contents Pag¢ Statement of Financial Acthvitse8 Balance Sheet io Notss to the Allllts 11-18
The TnLStees present their report together witb the fo]ancial stat¢[ of the charity for the year ended 31st Maroh 2023. The Balb Mosqu4 47A Bakn Ro&1 l(mdon SW12 9AW is retsffed with th¢ Charities Commission (RelOn Number 271538) and C4)LStit by Deed of TTUSL Prlnclpal Objethes and A¢tfvtdes (a) Estab]isFÉ the five dty prayers and all other px8y¢rs ne¢e&wy to srn the Mu51im ¢ommunity. (b) Render help and faci]itses for th¢ wf0rrna of reliwus a¢tsvits4 Mla8¥ 80d dths for the Muslim CODllnunity. (¢) Organise the collection and di8thbution of Zakat and other charitable funds in aLwTd8n¢e with estsblished Islamic pTineiples and in accordanc¢ viith the laws and regulations ofEngland and Wal¢5. (d) Advance the practice and ulldersts oftslaDL (¢) Provide facilitses for 1C insinthon 8n&to eotab]ish re8v]ar ¢l&sses for cknlth¢n and adults. (fj Meet th¢ needs of the Muslim commwity &8 far as powle regding their ¢thtiOnaL s181 cuItsL (g) Advw promots and represent the inlernsts of the vknole of the Muslims and to voice colle¢ttvety opinioDS on matters pertaining to the objectives and to equip the Muslim commwiity through training to 0]) Provid¢ mortuary, burlal and other facllitie8 for the w&sbing and th¢ bwiai of dewed MwIim (D Help estabIisty operate 2nd maintsiD inStitso and organisatsons that promote the objectives including librari&s, da'wah institttt109 and places of worship. (T) Enjoin what is right and forbid wh8t 18 wrong in all f&ets of the Muslijn commurrity and to aotively PTomote and propagate ts]8mi¢ teachings and to adopt gll means for the achievements of thi8 objoctive in accordance with Slwiab. Rjsk MaDAgement The TheeS Iwe examined the major stratewo, busin8 and Operation risks vthicb the chwity faces 8nd conf that the systems have been e5fabJished to enable regular repo to be produced so that the necessary 8t¢PS C8n b¢ taken to lessen these risks. P*ge I
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31st MARCH 21n3 Charlty's Struttsr4 Gov¢rnuce and MAnggement Tho cb8rity is made up of a bo&Td of Tnw Manag¢ment Conllnittee (or 'Office Bearers) and su1mmittees whi¢h ov¢Tree the fimctAoning of the clwity as w¢ll over seeing our full.tirn¢ salaried Stsff that are T¢sponsile for th¢ day.W nmning of our Centrs. Major decision Such &8 new Projects, Acquisitsons ofnew ASS extellsion and Major renovation Programmes approved by the Trustees. Day to Day Management nlljning of the Mosqu¢ is overseen by the Management Commits. Eg Appointsn¢nt New Trust8 aro appointed on their experience ttDd knowledge of ill8 on hold in CommuDity Or8aDisatio Salary level$ is rnvicwed each ycar by the Managem¢nt CoThmitt¢e . to ensure th¢y Contin to refi¢ct ma rntss and bc fair relative to other jobs ill the Organith¢JL Re¢Trltm¢nt appolDtm¢nt of Trustees The new TnL8tets are appointThl by the existing tsikn. The charity trwtees may at ally time decide to appoint a new ¢barity truste¢. whether in place of a chty trustee v4ho ha8 retired or been removed. Any chsritytrustee so appoillted and who i8 not one of the fwst cbaritytnths shall be appointed for a terni of five y¢aTS by the chartty trustees. Such appointmcnt C8tt be renewed at the discrtion of the Styn8 trustees at the time. Brlef deserlplloD of ¢bAiyty'8 Aehkvements and perfoTmaDte dnrlDg the perfod the conununity. The main pwpose of the Charity is to providc praytr &iIitteg and T¢110$ edu¢ati¢)n to the community. It aIso provid burial 5erYices and rA)unselling seryice to the comMlty. We are pled to present & compreherL8ive rert on thè vatiow athitles and leVements undertkn by ow organi7ation throughout the year. l. Vlslt My Mosque Day: OUT 'Visit My Mosque Day. ¢vent experien a notable turnoul fostering positive engagement Ivithin the Page 2
FOR YEAR ENDED 31st MARCH 2023 2. Health Check EvenL' 3. Ifthr #Dd Qurbanl Di8tribullon: and Qurkni disthrtion during the boly mont 4. MadrAsah JalsA Eventr. A Si]rIca0t milestone w&8 the ¢ompletion of Hifz of the Quran by our sewnd female stsent showwin8 the d¢dicatioll of our kaTners and the DiJi1urin8 envlrcffll of our 5. Cemetery Planthg Applkadon at Antrlry Orehnl Cemeterks.. We ore 8¢tiveiy workng OD obtaiDing approval for a planning ttppli¢ation for a c¢metsry at Anerley Orch8 designed to accommodate in exc¢ss of10.000 burial spa¢es. This project aligns with our commitment to providing essential s¢rviw and fa¢iJities for the commullity's lottg-t¢rm benefit These events 8nd initiatives SiSDify our ongoing dedication to tstsriog commwity enga¢( promi)ting well.Etin& and addressing the essential infrastruckne needg of our COD)mwiity. We appreciats the continued support of our communty members and look forward to fither opportsmities to serve and uplift our Maln aelmtles undertaktn by the Cknrfty to thrther ch2rlty'$ PTIryOBe for the publi¢ benellt Providing a place of wor3bip and other facilits Religious and oth¢T education" The prnotion of Multicultur and rebgious harniony ttween MllqjlD and nOn-MusJin im order to fo mutual UndeandIng and tokmi Producing and/or distnTr*uting and holding events aiwIs]am to en]ight¢n the community at alyJut the Islamic re]igAOn. Page 3
BALHAM MOSQiJE FOR TEE YEAR ENDED 31st MARCH 2023 Such 011tbI¢ puTSeS for the public benefit &% are exclusivety charitable aCcog b) th¢ J&ws of Eng]and and Wales &8 the nthy d¢ett from liJDe to tim Reserve Pollry 1.1 It is the policy of BaJham Mosque & TtIllg tslami¢ Centre to maintsin fre r&serves at a level vthich balances ow objectives to d¢vclop and support seryirxs with ourneed to remain fiD8n¢7ally stable. 1,2 A minimum level of freo reserves equillg to at least 4 months of UnrtstrI expenditu 18 collsideTed sufficient to ¢over maD8gemenL th1Ditt and siipwrt costs 8lld ts respond to ernergency n¢eds which aris¢ from time to time, 1.3 In addition, there is also a neal to desite e&tiiD from free rese¢5 for anti¢ipated exp¢nditkn in the short to medium te 1.4 This would generally be for ¢apitsl eXpditi¢ and wllj be specified in the not&8 to the 8nnual arcount 1.5 It is anticipated that totsl fire reseryo inchIng de8i8D&t¢d fund4 w0d be rnalntsi at a level of 4 Pl&D8 for flltllre ptrlods The Tnth have identified a lack of burAal spw available hIll the neIghrIng borngh4 And strongly feel that there is growing need for a now Muslim C¢metsry, the cbarity aims to work8 towards having this in place in the near futt]re subject to planning approvals. From past events its evident thAtIllg stsff i8 advantsgeous ts the ¢knity aq it allows colleagues to help and support each other in different circumth¢ts. ]n 8dditAon b) that thie to the Covid 19 Pandemic it has become cle8r that the Charity is still able to de]iver le&4oD4 hold staff meetings 8nd lfil their daily rol¢s with the use of thnolOgY. This has now resulted in better CoMmle8t10ll amongst colle8&uo8 and the couullunity which has in turn led to th¢ ¢b8rity beiDg abk to cazry out their roles more effecttvely. Admlnlstrattve detal]s The day to day re3ponsilJi]itse8 of the Truste¢s are handled by the Executive Secretaryi Finance Office Manager Ms Maryam Tayub. The day to day running ofboth the centres iq overseen by the members of the Trnstee's responslblllde8 Ill relation to finaniyal 8lat¢ments Law applicable to the charities in England and Wales rw4uires the TnL%te to pr¢we fuwi¢ial sts*ments for each fmancial year. whi¢h give ttue 8nd fair VAew of the charttys finan¢ial athitses during the year and of its fJnanciaI position at tho end of the y¢ar. In prep8[] those filt¢la1 statements, the trustees are required to: Page 4
TRusfEES' ANNUAL REPORT FOR THE YKAR ENDED 318t MARCH 2023 ' Select suitable accoutiting poJicia5 and then appty them eistentI, tate vthether applicable accounttng standards and statement of recommended practice Ive been foltowed yubject to any departtve8 dis¢iosed and explained in the financial statemts. and that the cknity continue iu busme& The tn]stses are responsible for keeping fiwial recoTd8 which di8¢1ose wilh re88oDable at any time the fjnancial position of the ¢harity and enable them to ensure that the fiDaDeial stat¢ments compty with the provisions of Statem¢nt of Recommendcd PTactice (SOKP) 'A¢counting and RepoIting by Charities, issued in March 2005. They are 8180 resp)nsli Ile for safegu8rding the assets of the clwity and ]Lellce for tsking Vice Chairmati Secr¢t&ry Assistant Secretary Naeem Siddiqui Nadeem Mian Ayaaz Niazt Nisar Baw8lly Approved by the b0d on ....................... Sir Iqbal rank Mr A K Amejee Date: .J6..-..o. i L Pgge 5
THE TRUSTEES OF THE BALHAM MOSQiIE FOR THE YEAR ENDED 31st MARCH 2023 Opinlon We have audited the Snancial stalemth of The Balljam mosq for the ye8r ended 31st March 2023. which comprise the statement of fiDall¢i tryi¢4 the balance she¢ and the related note4 including a summary of significant accounting po]icies.The finallciaI Twrting framework that ba8 been applied in . their pryaratiOD i8 applicable jaw and Unl1 Kingdom Accounting Stsndard4 including Finallciat Reporting Standard 102: The FinRn¢ial R¢porting Standard applicable in the UK and Republic of Jr¢Jand (Ullitsd Kin8dom Generally Accepted Accounting Prnticc). In our opinion tho finan¢ial Statem¢.. give a true and fRir vitsw of the state of the gffws as #t 31st Manh 2023, and of its incoming resou and application of nsource4 forthe peri¢)d then ended; Imve been prepued ID t£Ida with th¢ requrements ofthe Charities Act 2011. Basts for oplnlon We conducted our audit in drdance with Intsrnat10n Staodards on Auditing (LfK) aSA8 (iIK)) and applicabl¢ law. Chr r¢5ponsibtlitses under those standards are furtber descnl)ed in tho Auditorf8 responsibilitie8 for the audtt of the fiDaDCi81 statements section of our reporL We are independent of the Charity in aecordanrx with the ethicaj requiments that are relevant to OUT audit of the financial statements in the UK including the FRC'S Ethical Standrf aDd we have fiTlfflled our other etbical r¢sp0tt8ibi]ities accordance with these requirements. We believe that the audit evidence we have Condu8loD8 Trlathig to golng kneern We have noth8 to report io zespect of the followiog matters in relation to vthich the ISA8 (UK) require us to report to you wh¢re: the trustees, usc of the going ¢oneem knis of aUtillg in the Prepalon of the finan¢iaI the trustees have not disclosed in the fman¢ial statements any identified rnater1 uncerfainti¢s that IDay G&8t significant doubt about the Chatitys ability to colliinue to adopt the going wncern basis of accounting for a period of at least twefve months from the date wl*n the finan¢ial statements are authori8ed for issu Page 6
INDEPENDENT AiiDITORS' REPORT TO THE TRUSTEES OF BALHAM MOSQUE FOR THE YEAR ENDED 31st MARCH 2023 Other Inforniatlon included in the atnual rep)rt other than the fitMcial statements and our auditsrfs Tewrt thereoTh Our opinion on the financial statements does not Ver the other iDfonnatson anl except to the extent otherwise explicitty stated in our r¢rt we do not expr any forni of assurance ci)nclusion thereorL ID connection with our audtt of the fjjwicial statemell our renllity is to re the otlLW itifonnatiOD ill doing 50, consider whether the othu iDfonnatAon is materiAlly iuconsistent with the fmAnciaI stateMts or our knowledge obtsined in the audit or otherwise appears to be Materia miSsed. If we identify such material in¢oD5iSt¢n¢ies or apparent material we are required to deterniine whether there is a nwterial misstatement in the fancIAl statements or a mat¢Tial mi8Stat¢ment of the other fDfonnatioL If, b&sed on th¢ work we have perfornie4 we con¢lude that thett is a material mi88tatem¢nt of this other InfornliO we are r¢quired to r¢port that fa¢L We have nothin8 to report in this re88 MatteTS on wbleh we are reqDlred to report by Exwdoll Jn tbe JÉght of the knowledge and understanding of the Charity and its envirOnn obtained in the courne We have nothing to report ill W of the following matters where the Cknthos Act 2011 requires us to to you if, in our OPiDiOn: suffi¢i¢nt aLThting rttords hav¢ llot been kty¢ or th¢ tlnallcfial statem¢nts are not in aent with the aLWUnting ordS and returns: or Responslblltles of the trnstees The trustee8 are responsi1¢ for thc preparntion of the fiuancial statemth and for being satisfied that they give a true and fAiT view. and for such iDternal rthi &8 they detennine is ne¢essary to enable the Tn preparing the fJnan¢ial statcments the tswte¢s aTe for &89essing the Cknitys abi]ity to ¢ontinu¢ as & going ci)ncry disclosin& as appliGabl4 matters relatsl to going concern 2nd using the going concern b&8i8 of acCOtillg the trustees either intend to liquidate the Chlty or b) cwe operatiOL8, or have no reali8ti¢ ahernative but to do so. Page 7
llYDEPENDENT Ai]DTfoRS' REPORT TO THE TRuEEs OF THE BALHAM MOSQUE Our responslblllths for the audlt ofthe fjnanclAI ststements Our objectiv48 are to obtain reasonable about wh¢ther the financial statements as a vtholc are free from matwial mi&staknenL vth¢th due to fr&ud or error. and to issue an auditsvs ffport that includes our opirioL Re&8onable auranc£ is a higb level of aUrallce, bth is not a guaraDtee that an audit ¢onductsd in a¢cordan¢e with AS (UK) will alway8 detsct a misstatement when it exists. Misstatements can arise from fraud or error and are c481dered material i£ individualty or in the aggregatc, they could re&80nabty be expectsd to iDknce the onOMiC decisions of wer8 taken on the b&815 of the8¢ fjnancial statcmcnts. A furtb¢T description of our In1}llItte5 for the audit of the financial statents is iocatsd on the Fin8nciai Reporthg Council's websits at [www.frc.or&uklauditorsresN)nsibi]itie8]. This d&8¢ription fonn3 part of our auditovs reF¢rL Uje ofollr r¢pDrt Thi8 reprt is ma& soEcty to the Cb8ritys truste49, &$ a body, in accord with sectTon 144* of the Charities Act 2011 and the regulati0Tr8 made under sKtion 154 of that A¢L Our audit work h&8 been undertaken so that we might State to th¢ Ckntys tDJStees those matters we are required to state to them in an auditovs report and for no othcr purpose. To the fjjllest extent wmitted by law, we do not accept or ume responsibiIity to anyone other than the Charitys trustee5 as a iM)dy• for our 8ud?t worK for this repoil or for thts opinions we have fornie Mr M Zaldl (Senlor Ststutory Alldhor) For and Oll behglf or1d1 & Co Chydrtered Aecountsnts & Stxtstory Amdltorn 241 Mltcham RoAd London SW17 9JQ 2.fl.-.o..i..7 14 Page 8
THE BALHAM MOSQUE Statement of Fth#nclal Activities For ihe Year Ended 31st Marth 2023 21123 Notes Restiic¢ed Unrestrieted Totsl Fund Fund Fund 2022 Tot&1 Incoming Re8ourte8 Donations & txwies Received 152,639 395.477 548.116 887.236 Income from Ch4Titabl¢ Activities 38.193 38,193 37.160 Income from Investmertts 2,019 403.834 405,853 386.051 Total Irhcoming ResouTces 154.658 837.504 992.162 1,310,447 Resourcu Expanded Dircet Charitsble ExOi1yre 159.565 616.842 776,407 673,494 Fundrdisin8 Cost 10,739 10.739 2,077 Other Material Ilems Total Resou¢$ Expanded 159,565 627,581 787.146 675,571 Net Incoming Resources for the y¢#r 14.907) 209.923 205,016 634,876 Total FuDds brought fonvard 31,449 4,800,828 4.832277 4,197,401 Total Fund 4t 318t Mareh 2023 26.542 5.010,751 5,037293 4,832,277 Page 9
Bgknnce sheet 98 at 31stMarch 2023 2023 No 2022 Tall1)1¢ assets Deferred revenue expendith Sharla cornpIiant loall cost Current a&*ts Debtors alld prepayments Cash at bank and ia hand 3,522J43 3,576.254 1.883,424 1,028,027 1911.451 1273.788 1.374,533 1648J21 MAblllth8 6.041 26,460 4,590 23,708 31501 Net eurrent a&sets Totsl ass¢ts le89 ¢urrent Ilablll¢k• 28298 1878,950 2,620.023 6,401293 6,196277 Long.tern] Iiabllitses Net Assets (1.364,000) 5,037293 (l J64.000) 4,832.277 Ae¢umul&tsd Funds Unrestrictsd fiuids 5,010,751 26.542 4,800.828 31,449 5.037293 4,832,277 Slr Iqbal Trnstee acranle Trustse Pag¢ io
Notes to the acuiunts for the ytar end1 31st Marek 2023 A¢¢ounthig polld¢8 1.1. Accounting Convendon AUntill8 and RcportÉng by charit1. Charities Act 2011 and with applicable Accounting Standards. Fund Acconnthg Unrestricted futmls aye available for ug¢ at the di8cretm of the in of the gen¢ral objective5 of the ¢knrty. Restricted funds are subjected to Testri¢tioDs on their exwndith imp)8ed by the donor or throuth the tenns of an 8pp¢al. 12. IDeomlng Resources Roeognlthn of14¢omkn8 Reaollrl These are included in Statement of FiD8n¢iaLAthitLe8 (SOFA) vthen: - the chlty became entitled to the resour9. . the trustees are virtyally certsin they will receive the resow 8nd . the mon¢* valu¢ can be Mea[ with 8uffici¢nt reliability. Illeoming nsourtts whb related expeDdltsr¢ 1Vh¢ incoming re$our¢es have r¢lated expenditure (as with fund raising or eontra¢t income) the in¢oming resources and reIated expendikn ate rewthd gross in the SOFA. Grants and DonatloDs Grants and (lonatIo are iocluded ID the Statcment of Financial Activities on a relyb basis. The bal8n¢e of tn¢ome receivtyj for specifiG purp)sts but not expendcd during the p10d is shown in the l¢vant Ilmds on the ba]aacc sheeL Whcre Income is received ill adv8nce of entillement of receip( its recognition is deferred and included in cTrditors as de£eff Where ¢utitlement o¢curs before Iome is receive4 the income is accnwL IJ. Resourees Kellded All expenditur¢ will be recognised in the period in which a liability is in¢urred and bern classified nder headings that aggregate all costs related to that ¢8tegory. Vlhett costs ¢aDnot be directly attributed to particutsr headings they have been allocated on a b&8is consistent with the use of resources, Trvith Central staff ¢05ts allo on the basis of lime spenL and depreciation chargas allocated on the portion of the ass6¢8 we. Other support lsts are alloGated b&sed on the spread of staff Cost ofgenerAthig funds raise fun(Ls. P 11
Not&8 to the aceonDts for th¢ year ¢lld 31st March 2023 l.& Tanglbk fixed assets and depredatlon Deprectation 18 provid at rat&% to wrAte off the cost or vaiuatAOll Le&8 rssidual value of over its expecknl useful life. follow5: 2Yo Straight Lill¢ Straits Line ov¢r lh¢ life of the lease Leosehold PToperti¢s Motor IKhicl¢s 250/0 Straight Lin¢ IOYO Straigbt Line tslami¢ sbAria ¢ompJiaDt108n C( . 15 years as per loan durntion 1.5 Staff Costs 2022 Wages alld SaIaries (Inoluding ¢n]ploy&s NIQ 252J54 240,153 Average nwnbw of moDthJy employees 28 28 No employee rneived remuaeration of more thaD £60,000 during the year. Page 12
TEtE BA MOSQUE Notes to the a¢counts for the yw ended 31st March 2023 2023 2022 Donations & Reeefv¢d Fulld 140,449 57,490 140,449 148,296 57,490 53,835 361,278 27,651 19.676 i 10,000 i 10,000 2,614 1.564 758 700 3,000 550 1,555 2,040 51,507 47,921 453 250 91.411 75,392 61228 28,667 37.067 Donations 1Ved from Abl¢band From Al Risalatow&th LigbL Heat and Insura Contribution knived from AkRi5al8h Calender project receipts Radio transmitters reIpts TIC Project Membership Fe&8 Gift aid refimd Sports & other Events ZaknL S8daqatyFitrana & Fidya Collection for others & spe¢ial appeab . Government grnnts received 27,651 i 10.000 1614 758 1,555 51.507 453 91,411 61228 152,639 395,477 In¢om¢ from CbArltsbk AetlYlile8 548,116 887,236 Books Fun¢rnl Fund 375 1,462 36J56 375 1,462 36.356 850 3,693 31617 38,193 38.193 37,160 Income from InVtments Rent reeeivable Other Tncome Intffist rec¢iYed 3,660 11,500 390,660 374,253 11,500 11.050 2,019 748 1.674 2,019 1.674 2,019 403,834 405,853 386,051 154,658 8373M 992,162 1 JIO,477 Total In¢omlng Re8oDrees Page 13
THE BALHAM MOSQtiE Nots to the aecowits for the year ended 318t Ma 2023 2.1. Resources Expanded 2023 2022 Fwids Funds Dlrert Charitable Expendltsre Mosque Staff Salaries 129,823 129,823 122.531 121531 17.551 17.551 3,742 3,742 233 233 2200 2,200 1,022 1,022 17,965 17.965 74,190 74,190 27,576 27,576 1.526 1.526 5,084 5.084 2,637 1637 5,547 5.547 27973 27973 13.633 13,633 3.600 3,600 126,633 113.520 14,083 3,706 24 1,458 814 18,310 51,337 21,216 2,018 4,718 3,971 485 30,983 12.095 5,302 162 3.900 1,500 Madrassahsuppty Staff Staff pcnsii)n costs CaIend¢rs project cost Light and Heat R¢pairn and Maintenance Prilllin& postage and stationary Telephone & Internet Books Purthwd Legal and Professi¢)nal Servitts Anerley Or¢bard Cemetery.Ex Covid.19 ExpeL8es A¢¢ountaDCy Audit Fees Bank Charges Loan Charge Dd Cleaning SeThices Membership Fees Depr¢ciatiorL on Improvement of Bding8 Amortisation of long le&8ebold tkpre¢iation OD FF & Equipment Depreciation on niotor vehicles Zakai Sadaqah and Fitrana Collertiijn ftir others-Spe£iaI Ap18 payments 4,485 4.485 1,725 1.725 1371 2J71 37,918 37,918 51,933 51,933 500 500 41.758 41,758 1,966 1,966 7,569 7,569 9,784 9.784 99934 59.631 24,743 48,103 1.000 41,758 1.966 13231 9,784 78,020 35,558 1150 99,934 59.631 159.565 616,842 776.407 673,494 Fllndrai9ing C¢ 13 13 16 Pw14
Noto8 to the atcounts for the year ended 31st March 2023 Websit¢ costs SpoTtsJEvents 1.545 1,545 6,925 6.925 1,256 1,256 1,000 1,000 1,652 409 Rent- for TIC Roof 10,739 10.739 2,077 Other MAt¢rlal Items Total Resollr Expanded 159,565 627.581 787,146 675,571 2.2 Audltors RemnD¢rallon 2023 2022 Fees payabk for the 8dit ofthe fmwial ststements Taoglble ats¢ts Land gnd t4nd and Flthres bulldlngs buildlngs ntdngs and Motor freehold ka*hold Equlpmtnt vebleloj At 1st April 2022 Addition5 1087,877 1.953.574 128,486 7.166 39,134 4209.071 7,166 39,134 4216237 At 31st 2023 Deprethtton At 1st April 2022 Charg¢ for th¢ year At 31st March 2023 At 3 1st March 2023 At 31st MCh 2022 1087,877 1953.574 135.652 462J27 41.758 32J12 1,966 118,610 7,569 19,568 9,784 632.817 61,077 504.085 34278 1.583,7Y2 1919296 1,625,550 1,921262 126.179 29.352 693.894 9,782 3,522,343 19,566 3.576254 9,473 9,876 Page 15
F4otes to the actODnts for the year ended 31st Mareh 2023 Debtors 2022 R¢¢eivable from Ableband Ltd 1.258,645 105,004 19J49 426 500.000 1.137,883 88,179 47,421 305 Other Debtor5 Prepaym¢nts Loao to Ableband Ltd 1,883,424 1,273,788 Amount receivable from Ableb8nd includes privth loan of L161278. vthi¢h was doDatsd to Th# BaIbam Mosque durllig the year. Cumnt Ilabl]itleJ 2023 2022 Funeral Expenses.Advex pd Taxes and 1&1 swwity costs 4,407 6.040 4,407 4.590 21053 19,301 32,501 28298 IAJng.tsrni llablll 2022 Qan+Hasn2 (Interest ftte loan) Al_Rayan Loan 35,OC 1329.000 35,000 1,329,th)0 i64,0 1,364,000 Loan frnm Al.Rayan Bank The Ballwn Mosque bag obtained a loan of £lJ M from Al-Ryan Bank on the 13th of Dernber 2018, which h&$ a legaI charge against 15 liW00d Road property. Page 16
Not&8 to the accounts for the year ended 31st March 20LI 9. Movements ID Funds At 1st IntOm] Outgolng Aprfl 2022 Re80llrce8 Rexourc Prior YeAr At 318t AdJll8tmellts March 2023 4.800,828 837,504 (627.581) 5.010,751 Restricted Fund8 31.449 154,658 (159.565) 26,542 4.832277 991162 (787,146) 5,037,293 At 1st Incomlng Oul%olng Aprll 2022 Ruourees Rowur¢es PTlor Y¢ar Adjustments At 31st Mar¢h 2023 Z4kaL SthqaVitr8na & Fidya Collection for others & wiai 20,894 91.411 (99.934) 12.371 8,158 61228 (59,631) 9.755 Jntarst fimd PA system 256 2.141 1019 2275 2,141 31.449 154,658 (159,565) 26,542 Pgge 17
Nota to the aceounts for the year ended 318t Mah 20L1 10. Allaty$ of Y4etAs8ets Between Flln Unre5triete41 ReJtrfithd Funds Fund8 Totsl Funds At 31st Manh 2023 T8n8LTr*le Fixed Assets 3.521343 3.522J43 2,911.451 (32,501) {ia64,000) 5.037293 CutTent Liabilities Illg.tenll liabi]itKs 1911,451 (31501) (iJ64,000) 5,037,293 At 31st Mareh 2022 Tan7)le Fixed Asscts 3.576254 3.576254 Curnt Assets 2,648J21 (28298) (l J64,000) 4,832277 2,648,321 (28,298) (iJ64,000) 4,832,277 11. Rthted PArty Tran8g¢dons: The related p8rti¢s of the Charity are th¢ trusw Al Risalah CatIon 1Tht and the Ableb8nd due to the ¢onunon trust. Thern were no wages pAid to the trustees during the year. The following traDWtions took pIace £iio,000 £27,651 £70,000 £31,024 Paid to Ableb8nd Ltd for rent TCIVe on behalf of Ablebftnd Loan cbar8es paid off on EKha]f of Ableband Ltd Page 18