Cftwity registration # 271538 THE BALHAM MOSQUE Annuaj Report for the year ended 31st March 2025 M.ZAIDI AND CO STATUTORY AUDITORS 241 Milchom Road. T(Troiing. Londory SW17 9JQ Td¢pht)ne: 0208 767 231N). F#i: 020 8767 9110
THE BALHAM MOSQUE Inforni*tlon Trn5ttt5 Sir Iqbal Sacrdnie Mr.Haroon KaTim Mr.Hoon Daud Mr. Mohammed Ayaz Niazi Mr. Farouk Valimohamed Mr A K Amejee Mr Anii Juwb Reglstered Offlce 47A Balham High Road London SW12 9AW AudAtors M.7aidi and Co AuditOTS 241 Mii¢ham Road London SW179JQ Bankers HSBC 117 Balham High Road London SW17 9AJ Naiional Wesmitnster Bank PIC 63 - 65 Piccadilly London WIJ OAJ Al Rayan Bank 77-79 Edgwarc Road London W2 2HZ Charlty Reg Number 271538
THE BALHAM MOSQUE CoBtents Px£e Tees, Annual ReN)rt Audiiorfs Report Sthicment of Financial Activities Balance Sheei Noies to the Accounts 10- 17
THE BALHAM MOSQLE TRUSTEES, A,.lAL REPORT FOR THE YEAR ENDED 315t MARCH 2025 The TnJst¢es present their report along with the financial yat¢m¢nts of thc charity for the year ended 3 1st March 2025. The Balham Mosque, located ai 47A Balham High Road, IA)ndon SW12 9A W is registered with the Charities Commi55ion (Registration Number 271538) and operaies und¢r a Deed of Trust. Prlnclpal ObJeetlves A¢tSvlrtes The principal objectillies and activities of the ¢h4riry as follows: (a) E5t4blish Dily and Other Prayers: Facilitate the five daily prayers and other nece&8ary Prayers to serve the Muslim community. {b) Support R¢llglou$ Aetlvld¢$: Provide help and f¥ilities for relIouS activitie5, including mJniag¢s and fimeral riles. (¢) Zakat and Chrltable Funds: Organise the coll¢ction and distribution ofzaknt attd oth¢r ch8rithble funds in line with tslamic PTinciples and the laws of England and Wal¢s. (d) Adv•nee UnderstandiDg of Islam: Promoie the prnctice and understanding of Islam througb education and owar¢n¢ss initiatives. (e) Islamlc Instru¢tfion: Offer facilities for Islamic ¢ducation by organising regular clasKs for children and adults. (D AddreJ8 Communlty Needs: Calcr to thc Muslim communitys educational. Kla1. cultural. spiritual, aDd bealth-related rcquireznents (g) Promote Musllm Interests: R¢pr¢sent th¢ coll¢ctii'¢ interests of Muslims, voice opinions on pertinent matter5, and provide training (¢.8.. media training) to equip the community for broader engagement. (h) FunerAI and Burfial Servlces: Offcr facilitl¢5 for morniary ser%'ices. washiD& and burial of deceased MusiinL8. (i) Establish Supportlng Institutions: Help Crea and maintain institutsons such as libraries, daknh centres. and places of worship to advance the objectives. U) Promote Islamic Tea¢hln8S: Advocate for Isldmic ieachings. enjoin go(xl, and forbid WTong in accordance wÈth Shariah through various initiatives and means. P*E¢ I
THE BALHAM MOSQbE TRUSTEES, Al'uAL REPORT FOR THE YEAR EDED 31st MARCH 2025 Rtsk Management The Trustees have reviewed the major straiegic. bsiDe$S and operational risks faced by the Charity. sleMs have been esfablished to provid¢ reguknr reF11& eDabling proactive measures io mitigate these risk5 effectively. Charity's Strntthre, Goi'erDAnce and MR•gement The charity is mad¢ up of a Erf)ard of Trustee& a Management Committee (or 'Office Bearers,). and SulFeotnmitlees, which overs¢¢ lh¢ fim¢lionirtg of ih¢ ¢hariiy well &s ihe full-time salaried stsff who are Tesponsible for the day-ttrday running of our C¢ntres. Major decisions, such as new projects. acquisitions of new &ts, lease extension5, and major renovation programmes, are appro.ed by the Trustees. Thc day-t(Hlay management of the Mo4ue is Oi'CT5een by the Management Committee. This includes the appointment and discharge of staff. Madrassah aciiviti¢5. r¢pair5. and maintenance. etc New Tn1¢¢$ are appoini¢d based on th¢ir ¢xpeTi¢nc¢ ond knowledg¢ of being involved in c4)mmunity organizatiotL8. Salary levels are reviewed each y¢ar by the MgeMent Committee to eUre they wntinu¢ io reflect market rates and are fair relativ¢ io oiher jobs in the organization. Brlefdescrlptlon of charlty'$ •¢hlev¢m¢Dts •nd perfomance durlng the perlod Chrftv'J Achlevements nd Perfom#nce: During the reporting pcriod. the Charity TrsleeS bAve nwde si8nifi¢ant strid¢s ID fulfilliog the Charitys mission, benefiting both its membeT5 and ihe wider community. A key development has been the Charitys decision to transition Charitabl¢ In¢orFmted Or8anisation (CIO). Thi5 change aims to strengthen governance. enhan¢e opernitonal etTi¢i¢ncy. and ensure the CharityOs long-t¢rn) suslainability. Addiiionally, progress on the Ccmetcry projeci remains a priority for the Truste¢s. The Charity is collaborating closely with consultants and is in th¢ pro¢¢ss of finalizing all nesSry reports and docum¢ntation advance the project. Th¢ Charity has also maintained and enhan¢eA its burial service& providing familtes with ¢ss¢ntial support during challenging t1. Th¢ Trnst¢Cs wish to extend theTrr sincere gratitude to the Ghusl team for their invaluable service. Their dedication io perforniing this importani duty with care and compassion proi'ides vitsl support io families during difficult limes. The Trustees acknowledge and dttply apPrlate the significant rolc th¢ team plays in serving the community. Pge 2
THE BALHAM MOSQUE TRUSTEES, LYNUAL REPORT FOR THE YEAR ENDED Jist MARCH 2025 Through the dedicalion of thc Trustees and Management Committec, along with our incredible volunteers. the Charity has remained 5tcadfast in its commilment to its ¢ore values and objeciives, playin¥ a vitsl role in enhancing the well-being and of the community. We would like io expre55 our heartfelt thanks to the funeral volunt¢ers for their tireless service in providing essential support to families in their limc of need. Our sincere appreciation a190 gS io the mosque olUnteerS. whose time ¥ad dedication throughout the y¢ar have been vitsl to the smooth running of our alI.111¢S and services. School visits were hosted througbout the . offering students ao opporNtiity to karn about Isla its prin¢iples, ond P1c¢S. These visits fostered understsndin& ¢n¢ourdged interfaith dialogue. and engoged children in meaningful conversations attht faith and values. Additionally. Tajweed classe5 for lath'¢s are held once a week at Tooting Islamic Centre and twice a we¢k At Balhw supporting wom¢n in irnproving their Quranic recitation and enhancing their spiritual knowl¢dge. As part of our ongoin8 development, Balham Mosqu¢ Charity is in ihe PTocess of being fonnally closed, with its work cotttinuing under a n¢w structure. The org2thsation has now tTansitioned into a Charitable Incorporated Orgonisation (CIO) operating under the name Balham Masjid and Tooling 151ami¢ C¢nir¢. registered with ihe Charity Commission under number 1211471. The orgisiation was registered as CIO on 1811212024. We are also continuing io WOTk on the planning application for the An¢rl¢y Or¢h8rd Cemel¢ry. This important project remains a priority Ls w¢ strive to pro&'id¢ ¢55ential buriol services for th¢ MmUnity and ensure long-ternj 5uslainability. Tbe Trnsttty regards to the Ch*rlty Commi$$lon'$ guldan¢¢ on publlc beDeflt li is always the aim of the Itustees to ensure the guidance provided by the Charity Commission is tsken seriously and implemented. Reserve Pollcy 1.1 It is the policy of Balham M05que & Tixbting Islamic Centre to mainthin fr¢¢ r¢s¢rv¢s at a level which balan¢¢s our objectives lo develop and support services with our need to remain financially stable. 1.2 A minimum level of free reserv¢5 equating to at least 4 months of unrestricted expendiNre is considered sufficient to cover managemenL athniDiStrati0 and support costs and to respond io emergency needs which aris¢ frotn time to time. 1.3 In addition. there is also a need to designate certain SUllLS from free reserves for anticipated expenditure in the short lo medium terni. 1.4 This would g¢neTdly be for capital expenditure and will be Specifi in the notes to the annual accounts. 1.5 It is anti¢ip4td that totsl free reserve& includin8 d¢si8nai¢d funds, would b¢ maintained at a l¢v¢l of 4 months of unrestricted expenditure. Page 3
THE BALHA.M MOSQL'E TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31st MARCH 21J2S PlaDS for Future Periods The Trustees are committed to alibming tllre actiVTties with the ChartW5 core objectives. ensuring that both current and emerging needs of the community aTe with excellence and compassioD. Adminl$tr•tivt Details The day-t(Hlay responsibilities of th¢ TTUStees are handled by the Executive SecrewiFinance Offi¢e Manager, Ms. Maryam Tayub. The day-to4la)' running of the centres is overseen by the members of the Mana8¢ment Committee. Trustee's Responslbllltles In Relatlon to Flnincil S¢•tements Law applicable io the ¢harilies in England and Wales requires the Truskes to prepare financial statem¢nts for ¢ach financial >rar. whi¢h give tru¢ and fair i'iew of the charitys financial activities during the year and of its financial position ai the end of the v¢ar. In preparing thos¢ financi statetnent& th¢ trusi¢es are rwuired to.. -select suitable accounting poli¢i¢s and then apply them ¢onsistently- -make judgem¢nts and cstitnales thal are reasonable and prud¢ni: -stat¢ whcther applicable acwuniing $widards and statement of re(x)mmended practice have been followed. subject to any dqwtur¢s disclosed and explained in the financial statements. and -Prepare the financial ststements on the going concern basis wiless it 15 inappropriat¢ to presume thai rhe charity will continue in business. The truslees are responsible for keeping financial Teconts that disc105e w'ith reasonable aCCUTacy at any titne the fllwjciat position of the cTrwity and et)able them to ensure that the financial statements comply with tbe provisions of the Statement of R¢commend Practice (SORP) 'Acci)unting and Reponing by Charilies,, i55u¢d in March 2005. They are also reSnSIble for Safeguarding the assets of the charity and for taking reasonabl¢ steps for the pr¢vention aDd detection of fraud and other irr¢¥ularities. Th¢ charity is administered by an executive rnanagemeDt wnmittee comprising.. ChairmA Vlce Ch4lTman Secretary Assistant Seeretary Treasurer Trustee Represemltlve Actlng Treasurer Arshad Daud Naeem Siddiqui Umar V81imohamed Nadeem Mian Niw Bawany Ayaaz Nia Farouk VlMahoMed Approved by the board on . . •d slgned on Its behgif bv: Slr Iqbal Sacranie Tntst¢c Mr. Imoh Trtle¢ mmed Ay•1 NIAZI Date: .o...:.o9.-.è5 P*ge 4
INDEPEDENT AL'DITOILS, REPORT TO THE TRLTSTEES OF THE BALHAM MOSQUE FOR THE YEAR EI¥DED 31st MARCH 2025 Oplttlon We have audiied the fmancial statements of The Baihom Mosque for the year ended 3 1st March 2025. which comprise the stai¢m¢nt of financial activill¢S, the balance sheet, and the related notes, including a summary of significant ac¢ounling policies.The fmancial rep)rt8 framework that has been applid in their preparation is applicdbl¢ law and Uttiled Kingdom A¢¢ouniitTrg Standards. in¢luding Financial Reporting Standard 102.. The Financial Reporting Stsndard appltcablc In ih¢ UK And Republi¢ of Ireland (United Kingdom Generally Accepted Accounting Praclice). In our opinion the financial sthremcnts: give a true and fair view of the state of the charÉWs affairs os 81 31st Mavch 2025, and of its incoming resources and application of resources. for the period then ended: h4ve been prepared in accordance with United Kingdom Generally Accepted Accouniing Practice have been preparuj in accordance with the requirements of the Ch8ritics Act 2011. B451s for oplnlon We conducted our audit in ac¢ordan¢e with Inlernational Standards on Auditing (UK) {ISAs (UK)) and applicable 14w. Our responsibilities under those siandards are further described in the Audito¢s responsibiliii¢s for th¢ audit of thc financial sectlOD of our report. We are ind¢p¢nd¢nt of the Charity in accordance with the ethical r¢quiremenls that ar¢ relevant to our audit of the financial statem¢nts in the UK, including the FRC'S Ethical Standard. and we havc fulfilld our other eihical rcspon5ibiliti¢s in accordance wtth these requir¢m¢nts. We believe that the audit evidence wc have obtained is suificient and appropriale lo provide a basis for our illiOn. Concluslons reJ•dng ¢0 golng concern We have nothing to report in respxt of the following matters in relauon to which the ISAS IUK) Tequire us io report to you where: th¢ ¢rusie¢s' use of the going concern basis of 8¢couniing in thc preparation of the financial statements is not appropriate: or the trnstee5 have noi disclos¢d in the financial statements any identified material un¢ertainties thai may cast significant doubt aboul the Chariws ability to continue to adopi the going concern basis of ac¢oun¢ing for a peri1 of at least Thvelve months from the date wben the financial staiements are authorised for issue. P*ge 5
INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF THE BALHAM MOSQUE FOR THE YEAR ENDED 31H MARCH 2025 Other Ihfomatlon The trustees ar¢ responsible for the other inforn0n. The other infornlltion comprises the infomlation in¢luded in the annual r¢port other than the fmancial stsi¢ments and our aUdit0S report thereon. Our opinion OD the fAnan¢ial statements does not ¢oN'¢r the other infortnaiion and, except to the extent othetwise explicitly ststed in our repor¢ we do not expre&s any forn] of assurallce conclusion thereon. In corfflection with our audit of the fmancial Sthiements. our responsibiliry is to read the othcr ]nfOrntIOn and, in doing so. ¢on5ider whether the other information is materially inconsi5teni with the financial sthtements or our know.ledge obtained in the audit or otherwise appears to be materially MisSted. If we identify such material inconsistencies or appar¢nl malerial misstalements. we are r¢quired to detcrniine whether there is a material mi5St8lement in the financi4] statements or a ma*ri81 misstsi¢m¢nt of the other inforniation. If. based on the work we have p¢rfornied, we conclude th¥1 th¢re is a material misstaiement of this other inforn)ation, we are required to report thai faci. We have nothing to re in this Te8ard. Matters OD which we ire required to rrt by Ex¢epdoD In the light of the knowledge and undet5tsDding of the Cbarity and its envirOnt obthined in the course of the audi¢ we have not identified mafrrial missthtements in the Trusiees. Annual Rert. We have nothing to report in rlwt of the following matter5 where the ChaTities Aci 2011 wuires us to report to you if. in our opinion: suffi¢i¢nt COuntIng record4 hav¢ Dot b¢¢n kept; or the financial statements are noi in agreemeni with the aceounling Tecords and returns; or we haNe not received all the iDforn)ation and explanations w¢ require for our audit. ResponJlblltle$ of the trugtees The twsiees are resp)nsible for the PTepaTation of the financial ststrments and for being satisfied that they ve a tsue and fair view, and for such internal control a5 they detemune is n¢¢essary enable the preparation of fllwici81 stsiements that are free from material n)isstatemenL whether to fraud or error. In preparing the financial stsiemenis. the trustres are responsible for &sse&stng the Charitys ability to continue as a going concern, disclosing. as applicable. matters relat¢d to going ¢onc¢rn and using the going concern basis of accountin8 unl¢ss thc Inle¢s cither inieDd to liquida the Chatiry or to cease operations, or have no reolislic aliernative but io do so. Pye6
INDEPE,YDENT AUDITOILS, REPORT TO THE TRbSTEES OF THE BALHAM .MOSQUE FOR THE YEAR ENDED 31st MARCH 2025 Our responsibilities for tbe audit of the finAnriat 5tt¢ments Our objectives are to obtain reasonable assurance aixlui whether the financial stat¢m¢nts as a whole are fr¢e from mai¢rial misstaiemenL whether due to fraud or crror, and to issue an auditor's rewrt thai includes our opinion. Reasonable assurance is a high l¢v¢l of assuran¢¢. bui is not o guarantee thai an audit conducted in accordance with ISAS (UK) will always deteci a material misststemeni when il exists. Misslatements can arise from fraud or em)r ond are considered material if, indi%'idually or in the aggr¢gat¢, they could reasonably be expected to influence the economic decisions of usetS taken on the basis of these fllwi¢ial ststements. A further description of our responsibtliii¢s for the audit of the financial statements is locat¢d on the Financial Reportitig Council's wcbsitc ai: [H'ww.frc.org.uklauditorsresp)nsibilities]. This description fornts part of our audilo¢s TeporL Use of our report This report is made solely to ihe ChariWs trSte¢S, as 4 b(Kly, in accordance wilh section 144 of the Charities Act 2011 and the regulattons made under section 154 of thai A¢1. Our audit WOTk has been utsd¢rtak¢n so that we might state to the Charity's trusiees thos¢ marters we are required to state to them in an &uditor's rep)rt and for no other pury)os¢. To the fvllest extent pemiined by law, we Ik) ac¢¢pt or assum¢ r¢sponsibility to anyone other than the Chority's trustees &$ a body, for our audit work, for this repor¢ or for the opinions we hav¢ fornKd. Mr M 7Aldi (Senior StatutoTh Auditor) For 4nd on behalf of iM.Zaidi & Co Ch4rtered Account4nls & Siatutory Audltor5 241 Mi¢ch*m Road London SW17 9JQ Date.. Page 7
THE BALHAM MOSQUE SttemeDt of Fittncll Actli'ities For the Yer Ellded 31st Mrtb 2025 2025 Noles Restrlc¢ed UAre5tr1eted T•tl Fund Fulld Fund 2024 Tot41 Fund Ineomlng Resourees Donations & Legacies R¢¢eived 175.395 377.076 552.471 574.069 Income from Charttable Aaiiiti¢s 54236 54.236 45.103 Income from Investments 10.897 441,108 452.)5 416,806 Total Incomin8 Re50urce5 186292 872,420 1.058.712 1,035.978 Resour¢es Expanded Direct Charitsble Expenditur¢ 210,1 688.925 899,826 861,175 Fundraising Cost 22.192 22.192 19.276 Total Resources Expanded 210.901 711.117 922,018 880.451 Net Incoming Regources for the year (24.6(9) 161.304 136,694 155,527 Total Funds brought forward 52.339 5.140.480 5.192.819 5,037292 Total Fund t 31st M4r¢h 2025 27,730 SJOI,784 5J29J14 5,192,819 Pge 8
THE BALHAM MOSQUE Bl#nee sheet at 31st MArcb 2025 2025 2024 Not Flxed assets Tanble assets 3.421.338 3.468,408 Current Assets Debtors and prep&)ments Cash at bank and in hand 2.120.763 1,199,562 2,017,039 1,126,356 3,320.325 3.143,395 Current llbllltk$ Creditor5 Sundry Creditors and Accruals 4,590 43.559 4,590 50.394 48,149 54,984 Net eurrenl assets 3272.176 3.088,411 Total asstts less Current Ilabilitles 6.693.514 6,556,819 Lotkg-tetm liabilitie5 (1.364.) (1.364.000) Net issets 5,329,514 5,192,819 Accumulted Fund$ Unrestricted funds Restricted funds 5.301.784 27,730 5,140.480 52,339 5.329,514 5,192.819 Sir IqbAI S•¢ranle Trustee f r. Ilohammad Ay•z Nl•zi Trustee Dale: .Qk.-.0g.-.Fs Pge 9
THE BALHAM MOSQU'E Notes to the ¢coMnts for the year ended 31$t March 2025 Aecountlng pollcles A¢¢ountlng convention The financial stsiements have been prepaTed under hiswrical cost convenlion. in accordance with AccountlDg and Reporting by Charities- Charities 2011 and with applic8bl¢ A¢¢ounting Sw)dards. Fund Accountlng Unrc5tricted funds are available for at the discretion of the TDJStecs in furtherance of the gcnernl objeciives of the charity. Restricted funds aff subj¢¢t¢d to r¢strt¢tions on their expenditure IMSed by the donor or through the tern of an appeal. 1.2. In¢omlng ReurceS Re¢ognltlon of In¢omlTrg Reree5 Th¢5¢ included in Siatemeni olFinancial Activities (SOFA) whert.. - the charity bccame entiiled to the resources. - the tNste¢s are virtually certain they will rcceive the rwurccs. and - the monetary value can bc Meas ith sufficieDt reliability. Incomlng regource5 whb related eipeDdlture Where incoming resourc¢s have relaied expewhdilure (as with fund raising or contract income) the incoming resoueS and related ¢xpendi(ure are reported gross in the SOFA. Grants and Donatlons Grants and donalioos ar¢ in¢knded in the Ststemeni of Financial Actilities on a rcccivable basis. The balance of income received for specific purposes but Dot expended durtng the peri is shown in the relevant funds on ihe balan¢¢ shert. Where incom¢ is receiv¢d in advance of enlitlement of receipt. its recognition is deferred and included in creditors as deferred income. Where entitlemeni o¢¢urs b¢for¢ income is received. the in¢ome is accnwd. 1.3. Rt8ources Expended All ¢xpenditure will be rKoguised in the peri3 in which a liability is incurred and bas been clwified under heingS that aggregate all costs related to ihat category. Where costs cannot be direcily attributed to particular headings they haTr'e b¢¢n allocated on a basis ¢onsistent with the us¢ of resources. with centrdl staff costs allocated OD the basis of time spent. and deprcci#tioD charges allated on ihe w>rtion of th¢ &ss¢i's use. Other support cosis are alloc#ted based on the spread of staff Cost of generatlllg fullds These are costs incurred in attracting volunlary income, and those incurred in trading activities that Taise fimd5. Page 10
THE BALHAM MOSQUE .Yotes to the accouots for tht year tDded 31st Mareh 2025 Tanglble Ilxed #$set$ and deprecl*tloo Dcprcciation is provided al rates calculated io HTite off the cost or valuation less residual value of ¢a¢h assei over its expected efuL lif¢. as follows: Land and buildings iL&s¢hold properties 2•/• Straight Line Straight Line over the life of the le Fixtures fittings & equipment Motor vehicles Islamic shariA Compliant loan cost 25•/0 Straight Line 25• Straight Line 15 year5 as per l<>an durdtion 1.5 Staff Costs 2025 2024 Wages and Salaries (Including employ&s N'IC) 269.634 243,304 Average number of monthly employees 28 28 No employee received Temwieration of more than £60.0(K) dwing the year. Plge 11
THE BALHAM MOSQUE .Notes to tbe #¢eoullts for the year ended 31st March 2025 Incoming Resources 2025 2024 Rcstricted Unrcstriaed Fund Fund Dontlon5 & Lega¢leg Re¢elved Gen¢rAI Donations Madrdssah Donations From Al Rtsala WardS LighL Heat and Insurance Contribution RCCciv from Al-Risalah Calend¢r project receipts Radio transmitter5 receipts Madrassah Quran Project Membership Fees Gift aid r¢furtd Zakat, SadaqatyFitraDa & Fidy4 colle10n for others & special appeals 142.187 58.875 49,862 110,000 2,113 1.3(K) 179 1.380 11.180 142.187 151.265 58.875 58,529 49.862 31,765 110.000 110,000 2,113 2.181 1,300 2,009 179 48 1.380 .630 11,180 53,292 111.921 91,151 63,474 72,199 111.921 63,474 175.395 377.076 552.471 574,069 IDcome from Charitable A¢dvltles Nikkth Cenificates Books Funeral Fund 290 834 53.112 290 834 53,112 300 891 43,912 54,236 54,236 45,103 Income from Investm¢nts Rent receivable Other Income Interest received R¢turn on Investment 412,fAO 13.2(K> 412.640 379,400 13.200 10,897 15,268 10.897 8,828 16.278 15,268 10,897 441,108 452,(K)5 416,806 Total Incomlng Resowrc 186J92 872A20 1,058,712 1,035.978 Pge 12
THE BALHAM MOSQUE l%otes to tbe a¢count5 for the year ended 31st MAr¢h 2025 2.1. Resources Exp*nded 2025 2024 Restrided Unrestricted Funds Funds Dlrert Ch4ritxble Expeoditure Mo4ue Staff Salaries Madrassah Stsff Salaries Madrassah Supply Staff Staff pension Costs Staff trainiTJ8 Cal¢nders project ¢osi Rates Insurdnc¢ Light and Heal Repairs and Maintenance Printing. poslag¢ and sl#tionary Telephone & Internei Madra5ah Security TIC Books Purchased Project Dawah Exp¢ns¢s Funeral services expenses Legal and Professional Services An¢rley Orthard Cemetery-Expens¢s Ac¢ountancy Audit Fees Bank Charges Loan Charge Matrix Cleaning Services Memb¢rship Fees Depreciation on Improvement of Buildings Amortisation of long leasehold Depreciation on FF & Equipment Depreciation on motor i'ehicles Zakat. Sadaqah and FitTana Colleclion for others-special Appds paynrnts Interest receii'ed donated 141,127 141,127 128.507 128,507 16.270 16.270 3.227 3,227 120 120 1,650 1.650 937 937 26.176 26.176 72.739 72.739 64.757 64.757 .269 1,269 5,984 5.984 2,871 2.871 3.514 3,514 131,038 112,266 16.079 3,758 169 1.9(K) 787 23,184 87,893 69.262 1.146 6,391 3,720 29 2,914 37,820 14.002 22,320 4.920 1.980 2.865 61.511 47,594 500 41.758 1,966 7.240 9,782 83,496 54,036 8.849 1,338 1,338 34223 34.223 3.615 3.615 12.120 12.120 5.265 5.265 2.120 2,120 2.846 2.846 58.933 58.933 51,077 51.077 5(K) 500 41.758 41,758 1.966 1,966 4.016 4.016 116.012 84.047 10,842 116,012 84,047 10,842 210.901 688.925 899,826 861.175 FundrAisiDg Cogt Page 13
THE BALHAM MOSQUE Nott5 to tbe accounls for the year ended 31st March 2025 Madrassah PaTents Evening W¢bsil¢ costs Jalsa Events Radio Trdnsmitters ¢osi Rent - for TIC Rth)f 1262 1,262 6.275 6.275 2.655 2.655 12.(KK) 12,(K)O 1,693 4,347 1,236 12.000 22,192 22,192 19.276 Other MAterll Item5 Total Reyour¢e5 Expanded 210,901 711.117 922,018 880.451 2.2 Audllors Remuneratlon 2025 2024 F¢es payable for the audil of the fuwlcial slaments Tangible 55ets LDd and Land and Flxtures bulld5ngs bulldlDgs fittlDgs and Motor freehold lea5thold Equipment vehicles Total At Isi April 2024 Additions 2.087,877 1,953,574 142,463 670 39.134 4,223.048 070 Ai 31st March 2025 Depr¢¢l*tlon At 1st April 2024 Charge for the year At 3 Isi Mar¢h 2025 2.087,877 1.953,574 143.133 39.134 4.223,718 545.843 41.758 36.244 1.966 133,419 4,016 39.134 754.640 47.740 587.601 38.210 137.435 39.134 802,380 At 3 1st March 2025 At 31st ma h 2024 1.500276 1.915.364 1.542,034 1.917.330 5.698 3.421,338 3.468,408 Page 14
THE BALHAM MOSQUE .Notes to the accounts for th¢ year ended 31$¢ Martb 2025 Debtor5 2025 2024 Rrteivable from Ableband Ltd R¢ntyn on Invesm]ent-Wahed HMRC Gift Aid Othtt Dcb¢or5 Prepayments iA)an io Ableband Ltsl 1,480.714 7.341 76.024 34.481 515 521.688 1,369,046 21.688 115,I05 10,162 438 500,000 2,120,763 2.017.039 Current IlblMtles 2025 2024 Tenants, deposil Funeral Expens¢s-Advance paid Advance Rent47d Balham High Road SuDdry ¢r¢ditors & accruats 4,427 4.590 5.397 33.735 4.427 4,590 45.967 48,149 54,984 Long-ttrm Ilabllltles 2025 2024 Qorz-e-Ha5na {Intere5t free loan) Al-Rayan Loan 35.oix 1,329,0 35.(M)O 1,329,0(K) 1.364,IM)O 1.364.000 Loan from ARaYall BDk The Balham Mosque h&$ obtained g loan of £1.3 M from Al-Rydn Bank on the 13th of December 2018, which has 8 legal charge againsi 15 L&11 Road propetty. P*ge IS
THE BALHAIM MOSQLE ote5 to the ACCOUDt5 for the yr emded jlsi M*r¢h 2025 9. Movements in FuDds At 1st Aprll 2024 Re50urres OutgoiDg Resources Prlor Year Adjustrnents At31st March 2025 Unrestricted Funds 5.140.480 872.420 (711.117) 5.301,784 Restricted Funds 52.339 186292 (210.901) 27.730 Total 5.192.819 .058.712 (922,018) 5,329,514 Rejtricted Funds At 1st Incotning April 2024 Resources Outgolng Re50ur¢es Prlor Year AdjustmeDts AtJl$¢ Marcb 2025 7Aka¢, Sadaqah,FitTana & Fidya Collection for oth¢r5 & special appeals Interest futkd 20.026 111,921 (116.012) 15,935 30,059 63,474 (84.047) 9,486 2254 10.897 (10,842) 2.309 52J39 186.292 (210.9011 27,730 10. Analysis of Net Asse¢s Between Funds Unrestricted Fund5 Res¢Tleted Funds Totil Funds Ai 31st March 2025 Tangible Fixed AsseL% Current Ass¢ts Current Liabilities Long-t¢rn) liabilities 3.421.338 3.320.325 148,149) {1.3(A,000} 3,421,338 3J20,325 (48.149) {1,364,000) 5,329,514 5.329,514 At 3151 March 2024 Tangible Fixed Ass¢ts Current Ass¢ts Current Liabilities Lng-terM liabilities 3,468,408 3.143,395 (54.984) (1,364,000) 3,468,408 3.143,395 (54,984) (1,364.000) 5,192.819 5,192,819 Page 16
THE BALHA.11 MOSQU'E Ilotes to the ccounts for the year ended 3191 Mareh 2025 I l. Relted Party Tran$artlons: Thc related partics of thc charity are the truste¢& Al Risalah Eduration Injst and the Ableband Li due the common trusiees. There were no wage5 paid to th¢ trusiees durin8 the y¢ar. The following transaction5 took place betsve¢n th¢ Batham Mo4ue and the reiat¢d parti¢s during the year. Contributions from Al Risalah towards TIC Expcnses Paid to Ablcband Lid for received on behalf of Ableband Loan charges paid off on behalf of Ableband L Donations made 10 The Balln Mosque by Ableband Ltd £49,862 £70,0(K) £48,218 £11.444 12. Note oll Org#nl54tlonal Trangltlon These fllwiciol stat¢m¢nts relate to Balham Mosque ChaTity. the predecessor entity. Durtng the reporting period. the Charity began the process of establishing a new legal enrity as a Charitsble Incorpordted Organisation ICIO). regiSred under the name Balham Masjid and Tooting Islamic Centre (Charity number 1211471). A¢ presenl, the CIO has been legally foTrned but has not yet commenced operations. The Charity will continue io operate under its existing Structure untsl the forn)al closur¢ of Balham Mo4ue chlty is completed. Upon closure. all ats. liabilitie& and a¢tii'iti¢s will transfer to the CIO. Futur¢ fu)an¢ial stalements will refleci the CIO'S operdtions once th¢ transition is finalised. P*ge 17