CHARITY ABIWTRATION NUMBER: 272500 The Mosque and Islamic Centre of Brent Unaudited Financi Statements 30 Stember 2024
The Mosque arKI Islamic Centre of Brent Finwial Statements Year ended 30th September 2024 Pag¢ Charity information Tfttees, Almuai Rep)rt Indep¢ndent Examinefs Report StstcmMt of Financial Activitics Ststernent of Financial position, Notes to the firAncial stst¢ments 54 7-14 Incomc and penditUre ac(x)uot 15
The Mosque and Islamic Centre of Brent Tntste¢s' Annual Rq Yearended 3 S4tath2024 The tswstee8 preSt their rq)ort and thc Un1j11¢d financial stat¢ments of the charity for the yearended JO September 2024. R¢8l$t¢r¢d ¢bxrlty n*me: The Mosque and Islamic Centre of Charlty reglthadoD number 2725(rf) PrIne1p offlee 33 A Ro&J Cricklewood NW2 6DS The trnite Mr. Sfideeq (Chair) Mr. Mohammed Hussain Mr. moham Hukumda&UI. Qadri Mr. Basharat Aslam Mr. Mohammed Najib Khan Mr. Zia-Ul-Mwtsf&Nasim Mr. Saqib Jamil Mr. Qaiser Aziz Cbowdhry Independent examlner SK A¢countants Certified Clwtered Accounlants 369 Burnt Oak Broadway. Edgware London HA8 SAW
The Mosque and Islamic Centre of Brent StrtA¢tur< EOV¢rn••¢4 m•llaEemeAI Septemb¢r 2024. However a new cljaritsble orBanization(CJO). The Mosque and Islgmic Centre of Br¢nL Ckrity Re8istsatson no. 1184986 w&q establisheiL The Trusw plon is to irnnsfer dl funds and Sets of thi5 chrity (the un1mxral trust) to the new CIO. followitig which the trust will be di$801ved. Durin8 the current financial year, aD initioi trwnrfcr of U36.196.57 wos to the Mo4ue and Islami¢ CentsE of Brent11184986) enable it to COMM its ¢harityble tivItieS. This transfer is refleLt¢d in the wowits as pftyment to Itrd Chuity. The maIning fytsjs we beld Faing the finalization of the full asw traMf¢Y aThl di89)lutts)n Objttdvu and acdvld Thc Charity's •divities during & )r4r Are dlbe1 in &thil bdov. Gencrnl Cbaritable Activities.. ElL71nS Religicw clivitia J>rovides ilId8lI1¢IeS1Op¢n spx tn¢om¢ frorn the various souttes £50]73 iti 2024 as cornpred to £426200 in 2023. In this amount £458.863 relates to funth £42.750 w r¢$tri¢ fi The unrestrickd funth eXditure for 2024 was £375522 0$ ¢(ffnpared to £281,543 in 2023. The restri¢d fiuMJ ¢xpenditure amounted to£67.(KKI in 2024 x compared th£45,(XIO in 2023. The primary •wts of the dwity to be its buildin89 which include the Mosque 8nd the Flats. Flniid•l r¢vl¢w Desit¢d Fwth: The Charity does have Any dc81mIed fund All the charitys alOn8 we ¢tinuing I1 thcr¢ no opu•tions wue discontinued or acquired during the year. FuThb in defi¢i¢: No fithds rntri¢*d orend0} •r¢ in d¢fi¢it at the balance sheet date. Funds in There wa$ An operntiD88uh of £59.091. Intefrfunds LI.
The Mosque and Islamic Centre of Brent
Year eJthd 3@ Septathr 2024
None of th* charitls fUrli081 fixed &83 Ixve been revmed duriDgthe yellr the ¢haTity doe8 not have •
p)licy Orrevalu1on ofthe8¢ assets.
Plans for wi
The Mosque and Islamic Centre of Brent Indepthrt EvmiJr's Report 10 the Tru%tees of The mosq arnl ls1amicceni of ni Year LYKled ) Septernber 20?4 I repon to ihe rrustees oil m), e.wninoiion of financial sMIeme% of Tr Mosque and Islamic Centre ol-Breni I'the chariiy'l for the year eThJ¢d 30 S¢wember ?0)4. R¢sponsibilitles ind b•sis of report As I1 irnsiees ofil)¢ charill.. l'ou are r¢sw)nsible lor preparaiion ofih¥ finala1 siaiLmei)1$ in accordance il'iih t. r¢quiMi¢nts oi Chariiies Aa 701 I I'ihe ALI. I. I report in r¢spea ofmj. e.wntnaii¢Jn of charii>"'s fina181 swerneNs carried out under seetiort 145of the 2011 Aei •nd in cwrying oui examinaiion I have followed all ihe applicable Directions given bv ilx Charity commissi( seeiion 14515Nb) of the Aci. Sin¢e ihe ctwin s gross in¢orn¢ cY¢¢thd £250.OW }.r e.¥aminer mum a m¢Mr of IKNIY li$t¢d in 5eciion 14.$ of Ihe 101 l Affl. I confirm lh 10m qualifi¢il 10 utKlertake Ihe e.xaminaiion becAiL%e l am a of Ihe Awtb•tion ofchanered C¢rf1fK A¢¢ounlanis. i.hi¢h is one ol'ihe lisied bcxlies. I hove ¢ompleted m! c.Iwninniion. lil 1411( ¢0 Lenatn eipetKliiiire. insiettd of SUPTxwIiii inletS. tht Intstee hol'e prvvid¢d wi arridavil io confimi The %albdii%' ol'ilKy LIJSIS. E.ILepi as ned abovL I confimi thai no niaierial maners hove come io iiii aiieniion iii Wry110n i¥iih ihe ¢¥aminl0 ¥ivin8 me cause to believe ih41 in Jni, maierial rtspeci.. leenting rt¢ords were noi in resped of the chtirit). a5 required b). seciion 130 of Ad: or fimneial sements do accord with ihose Ords. or the financial sthiemeni$ do noi eompjy ilith the spplic•bl¢ r¢quiremen15 COnIn the fomi and conieni of weounts 1 crtrt in Iht Charities IAccoiiiils ond Reponsl Reb7ulaiiorLS thher Ihan thn)" r¢qLiir¢m¢nt I ih¥ oEuN411N griv¢ D 'inK fai viov ivliiLh is rKM a maiilr pan oran in(k'pLndLnt (.mInatIo11. I htsve no eoYttm5 UTMI ve wm¢ no dlyr m*i¢¥S in conneciion li iih Ihe elominoiion to ivhi¢h aN¢niion slM)ukl dwaiin in ihis in orts io enahle iindersmi)ding of Ihe Accoun to be reAcW. SK Ceni led Chartered AetouniaN$ 369 Bumt Oak Brr4xhYaY. l-d¥%i'wY London HA8 iAW
The Mosque and Islamic Centre of Brent Notes to Financial Ststements Year ended 301h of September 2024 In¢om• & Endtr•fits r)n8tlcffjs & Loyd•i 201.656 197.TT2 217.ej 10,827 236.8SJ 54 T•l•l Ing¢Jm• 344.617 )1MI 24.981 30.W5 Sg,W1 Il•t •ft•rtrnthr• tl•t mo¥•nl In fund• Totsl fund• trwolrt 2.442.818 2.73BI21 2,838 All acWU•8 d•rfv8 frtvn u)nllnwYJ
The Mosque and Islamic Centre of Brent Tawlblo a66elB 11 6.180 2275.715 .1 2J75.715 Dobtm 12 451. 18.827 15.760 13 370.350 I5.156 2.746.06S Crnthtorn: du••lknrrtK than crt ya•r 14 17WI .$441 &797.$12 2.n&$21 R••tdc¢•d fvn R•itrfct8d FwKI• 271.653 271.es3 295.9)3 Unrn¥lrf*d Fund• 17 2MS,95 2.442,01 Tol•l clwrlty fund• HiIIWI DAD VL ¢W)RI (Cl?
The Mosque and Islamic Centre of Brent
Notes to Fjnancial Statements
Year ended 30th of September 2024
General lttfornMIioD
Tr chjrity is a publK Ixnefit ejrtity a rEgthd clArity in Engla1 and Wdes and is
The¥(kn Offi is 33A HOW WCrKklewty)4 NW2 6DS,
Z Statement of eompllance
These fin)81 staments bave been ptrtd ill compliaK¢ WAth 101 'The Financial
Rep)rtin8 St#ndard ¥ppli¢4ble in the UK th¢ Rwbli¢ of Ireland.. the StsmeDt of
Recommended Practice appiicabie to Chl¢l¢S PTeporin8 th¢ir a¢¢(Xthts in aeeordance with the
Financtal Reportin8 StsDdard aFplicabk in the UK Rcpjblic of (FRS 102) (Chariti
SORP (FRS 102)) and the Clwiti(xrt ts chwity'i ability trj ¢onlinue.
Jud8¢mellts Dd key ofeththm uneertthty
The pr¢parntioD of the finwKi81 strtcments re4W1 mInl to make iud8ements, estimates
and Su[npIiOs that aff¢¢t th¢ amounts Thcsc CStirna and judBements are continually
reviewed and or¢ b&ged on experience bnd othcr factor& in¢ludin8 expxtstions of future events
that are believed to be Teasonabk under the ¢iTcum
Fund ccouNdng
Unrestri¢dfiwdsar¢avail•bl¢foryatthediKtdiofthetrUte¥ to h)rth¢rYOfthe chori¥
Restricted fimds are subiwtyj to T¢8tricion5 ¢1*lr¢xpertdiTt &claYed by the donoror through
The Mosque and Islamic Centre of Brent Notes to Financial Statements Year ended 30th of Septsmber 2024 passed to the ¢h8rity' it i$ryobAble that the econ( beDefjts associated with the transactioD will flow the ¢bariry the amovrt be reliably Th¢ following srKcific policies are gill receipt is its •nK)wt e8n berne8wt fflIAY. impr&¢ticai to Measu reliably. io whi¢h ct8¢ th¢Ve is derived fmm the the donor or the atsmated resale valve. f8cili¢iu Ind S1¢¢$ 9T¢ rwwsed in the •¢counts r¢ttived if the vdue can be r¢liabty uKaSu. No amounts included for the coutrilxrtion of 8enu•l voluDteu& inc4xM frThn contrxts f<r tkn •Jpply of •ervi$ is rew8ni8ed with the delivery of the ¢ontracted service. This 18 ¢]w8ifi¢d •s unY¢sthcted unkB8 there 18 a Contrptuaj uiremcnt for it to be apeni on • and return1 if unsp¢n¢. in which Mse it MAY be re8wdc4J o rntricted R¢wur¢ts expttde4£ Expendtture is re¢o8nised on In a¢¢rw]s aliability is iD¢vr Expenditse inchth aDy VAT which ¢gnnoi be fully recovereiL is¢lwified UnderhdID9sorth¢ sthtemem orruhwxial •¢tivit&rys ty which it r¢lth&' ¢xwditrJre on T•iJin8 fio¥1s tft¢lu&s the costs of all fim&•tyiD8 a¢ivitie4 events. non- thBritsble tr•lin8 &<tiviti4 the 511¢ of ¢kn)•fy18m expenditure on ¢haTsuble xtivitiu includes all costs inrunryj by • Chrity in uThlerthkin8 a¢tivtti¢s that firther its chtiritsble aims for the benefit of its bencfi¢iwi¢4 irKludin8 ihose wpport costs aThJ COAS [¢tIO8 to th¢ 80vexD of the clwity w10n to charitsble tivitie& other expEDdiftre iticlude8 ll P1tre is neirher TEled to rnisin8 for tbe Atl costs all(d w expenth'ture cate8ories kniDg th¢ us¢ of the resource. Dire Costs ittributsbl¢ to a single athity are allocakd ditt¢dy w that xtivity. Shared costs are op)rtIon¢d betw the MctivitiN th¢ycontribute on a rees00kn14 jus¢ifi#bl¢ #nd LMJn8istent baBiS. Tall8lble wets All fixed&8sets arE iniballyYe¢(th*t casL
The Mosque and Islamic Centre of Brent Notes to Financial Statements Year ended 301h of September 2024 Deprecialion is calculated as to write off the valu1£ of In •88¢(1¢ Its Tesjduai valu4 over the useful ecoDOrniC life of that as8¢¢ 18 follows: Fixture FitttD8S Equipm¢Dt 10%8tr8i8ts lin¢ A review fry indicatorn of impkinnent is carried out ot eth re1)Orti dx with the r¢¢over•lAe amouni ill8 eMimtitexl Whe Sh indith exisL Whtre the carrying volu¢ ¢xceeds the recovernble amounL the a&s¢i is imwired a¢¢wdingly. Prior impairnnts are Also reviewed for possible reveTrul at eath TEPOrtin8 date. For the PUTP0S¢8 of inyiYThnt teitin& when it is not to estime th¢ reVerable amount of an individ1 186eL In ¢8timate is mle of the reVerable amount of the ¢ash-8¢twatin8 unit lo which th¢ 9$8¢t bdw8& The Cun8 llllit Is the smallal id¢ntifiabl¢ group of assets that includes the aM¢t •NI g¢wate4 ¢•th int10 th•t lar8ely ind¢pa)dthi of the¢ath intlow8 from oth¢r &q8ets or 8roups of 4s8ets. aquisition d¥. Allo¢d to ¢ach of the caq&8eDuatin8 units thai aff expxt¢d to benefit from the syrrtr8i¢s of th¢ ¢ombinall. irrry¢tr of other liabiliti¢s of tbe charity are 85sigKd to thos¢ units. A fmfittiaj aet or a lithility iSTecWni th¢thwy btsx)mts A to the Where inveslmellts in shes 111¢ tr•Jed orllw hir v41y¢ other bE me•wred rtliibly, the is Mbxqutsdy me•tyt4141 fair vdue with in fair valuc rrryi5rd irt itiLX)m¢ I1 which cs¢ th¢ &v¢t 15 M¢b at the v•ltte of the fikrwe payrne disCowrt at a mthet rate styt¢meni of xtivili4 with the excerth of IiD8 IDStn in 8 designated h*•
The Mosque and Islamic Centre of Brent Notes to Financial Ststements Year ended 30th of September 2024 pirnwt at the end of exh rwtinB dat& If there is obiedive ev1th4¢ of im14 In impirm¢n¢ loss 1$ re¢08ni und¢r th¢ apwora in the swcrn of financi 1vIll¢S ity Twhi¢h the itti¢i•l For mll equity inffirnts of and (thr fuwicial aysets that iTlyidually ilyificL thcsc 4r¢ usu¥cd ilIVI11]y inylymL Other asfiets we either 955e5d Fund• PuAd¥ I•Om8 rknn•tkM. Z•k•¢ FWMJ 417fA) Indfvldwl• 417 197.7T2 IneoA PdorY•r Fu Fund• X+23 217MO 217.eoo 10
The Mosque and Islamic Centre of Brent Notes to Firkgncial Ststements Year ended 30th of September 2024 prtorY••r fvJnd• 2OJ54 10027 20J54 10.827 Cun•nt T*Jtsl Fund• T4)t•l Cun¥nt Y••r Total dlrncl s1ra n,1•1 7&191 37.eao Tolol grarrt makJNJ c(Ats T(thl suFwrt ox 17&1 170,131 214.961 411617 PrfwY•w prt•rY• Fw Fun Total dlr•cl 37MI 37.600 45.000 Totsl grant fAxI• Total tsupwt c 11, 71 218.981 211961 11
The Mosque and Islamic Centre of Brent Notes to Financial Statements Year ended 301h of September 2024 PrfwY••r Pund• 78.191 77,1 Total dlr•ct •p•ndlng 77.1 37,100 PrlorYMr Total Pundl Tatsl qr•nt rn•klng J9D 158390 Prf•r Y•w cumt Y•w T•tsl Rats8 and watw Ught heat and Cle8nlng and waste mryi•rforrt 35.175 3417S $4274 14000 malntenance 8S1 15 12
The Mosque and Islamic Centre of Brent Notes to Financial Ststements Year ended 30th of September 2024 Curf•nt Year TelephLTh. fax 8Th1 Intem6t Stallonery and wtntlng Membership SubSFI Equipment eyn8•8 Hoalth arMI frtY rA Sundry penSeS E¢knaltonal A¢dvltt Consultancy fo•8 Olher legal ¥rMI wof•th Flnan¢W costs Bank charg08 4.752 18300 1•300 40.150 1821x1 7NO 8*25 the perbd 14 17&1JO 170.131 210.961 174131 175,136 214961 11. Trn•t•• rnmun•r•tlon •nd •XP fthbws¢d w th¢ inullrtd in of xtin8 oith¢ ¢hwiry, •D)unt¢d k) £Nil. 12. TMglbl• Ilx•d ••••t• l• Co 1AM992 147.031 1,387 2,702.610 13
The Mosque and Islamic Centre of Brent Notes to Financial Statements Year ended 30th of September 2024 Tot•1 D•Prn¢l At 1 Oeknber 2023 201.1 7.341 125.1 2.194 743 71S 14. Ihb¢•r• ¢ooornted alty (Th¢ & ami¢ cty¢ of Br¢nt). 3260 436.196 3260 9.4 l& Debtorn due y 2024 2023 Witford y•yth e•tr• 25.1 2SOOO The other debthrj inchth £12JiX) owned from Watfthd Mudlm Youth C¢rAK llv¢wu D) interest py&•le on thi¥ And is PAyabk on thi8 IirwtaDd li py4ble withiti 5 ye4r flo IOA)5f20I9 thert•r¢ avaijabk. 2024 1012 ltt¢owatyl Cbarity (The MLW & lJlthl¢ Centye of Brelltl 29.807 961 832 2•24 2023 7J44 7J44 14
The Mosque and Islamic Centre of Brent Notes to Financial Statements Year ended 30th of September 2024 2023 197.rn 217.800 10.827 20.354 T•thl In¢om• Gross and 71191 37,61JO 24,981 45.( Gran18 mgde to wJan18alkJM Rato$ and water thwge8 ht ho•t and p Preml808 and Cle8nlw Colt In8uranc Ta8, fax and Int•m•l Educauon A¢lMU881 Mtthal ul lknn) Subs¢rfptlovM & Membornh Equlpmgnt exp•n He81th 8nd solety eoBts S•Drty) Postap & Stslonary SurKlry eXpse$ Con8uft•ncy f••J IS8.2) 5.993 175 35.651 20,SCk8 55.274 53.007 15.600 S,095 1.201 40.150 18200 182(i1 16MKI Bank charges 8.825 14243 fotsl •xp•ndl¢ur• kn th• y••r N•t In¢om• 15