2023-03-31-accounts

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Cambridge Muslim Welfare Society

Annual Report and Financial Statements

For

The Year Ended 31[st] March 2023

Charity number: 273568

LEGAL AND ADMINISTRATIVE INFORMATION ...................................................................................................................................................... 3 TRUSTEES’ ANNUAL REPORT ................................................................................................................................................................................. 4 INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS .................................................................................................................................... 6 FINANCIAL STATEMENTS....................................................................................................................................................................................... 8 Statement of Financial Activities ...................................................................................................................................................................... 8 Balance Sheet ................................................................................................................................................................................................... 9 Notes to the Financial Statements ............................................................................................................................................................10-12

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

New Committee appointed – date below

Shamim Ahmed (Chairman) – 21 November 2022 Muhammad Naveed Khalid (General Secretary) – 21 November 2022 Hazir Miah (Treasurer) – 28 November 2022 Sahistha Miah (Assistant Secretary) – 28 November 2022 Mohammed Angur Ullah (Member) – 28 November 2022 Zarrar Arshad (Member) – 28 November 2022 Younis Jan (Member) – 28 November 2022

Committee dissolved – 21 November 2022

Muhammad Pervaiz Malak (Chairman) Muhammad Azam Bhatti (General Secretary) Mahomed Rafique Amode (Assistant Secretary) Mohammed Bazlur Rashid (Treasurer) Mohammed Mahmood Mohammed Irfan Kamaluddeen Abdullahi Ibrahim

Principal Office

Abu Bakr Jamia Mosque 1A Mawson Road Cambridge CB1 2DZ, UK Telephone: +44 (0)1223 501012 Website: www.cambridgemosque.com

Principal Bankers

Lloyds Bank plc 90A Mill Road Cambridge CB1 2BE, UK

Public Contact

Shamim Ahmed 214A Mill Road Cambridge CB1 3NF

Email: abubakrcambridgemosque@gmail.com Website: www.cambridgemosque.com

TRUSTEES’ ANNUAL REPORT

Trustees are pleased to present their report together with the financial statements for the year ended 31 March 2023.

Cambridge Muslim Welfare Society is a registered charity and is governed by its constitution. The charity was established with the following aims and objectives:

a) advance the Muslim religion in Cambridge
b) advance religious education of the Muslims residing in Cambridge
c) give relief to the Muslims residing in Cambridge who are in financial need.

The Charity’s work is supported by a number of volunteers and it has an Imam and a khateeb who are employed for arranging prayers and educational activities in the mosque.

Day to day activities of the Charity are operated by the Executive Trustees.

The Charity is dependent on donations from individuals for its funding. It also receives rental income from its property at 175 Chesterton Road, Cambridge.

REVIEW OF PROGRESS AND ACHIEVEMENTS

We are pleased to say we have recovered very well since the impacts of the Covid Pandemic, the activity of the Charity has remained focused in meeting the aims and objectives of the organisation. We continuously endeavoured to provide improvements in the facilities for congregational prayers, education and other activities in the mosque for Muslims living in Cambridge and the surrounding areas both by face-face events or online. Our regular classes and events continue to go from strength to strength.

Being a university town, Cambridge hosts a large number of Muslim students from all over the World every year. The Society plays a unique role in Cambridge for a diverse Muslim community.

The Society promotes inter-faith dialogue and social cohesion. From time to time the Society had dialogues with the representatives of various faith groups in order to establish good relationship with the Christians and people of other faiths of this area. The Society also arranged orientation courses in the form of mosque open days, neighbour’s tea invitations and organizing mosque tours to help understand the religious and cultural aspects of Muslim life. The Society regularly facilitates visits by students from various schools. During the year, the Society organized open days and various other activities for the wider community to visit the mosque and have a first-hand knowledge of Islam and Muslim culture.

Upon requests from the Addenbrookes Hospital Chaplaincy, visits were made for counselling the patients coming from outside areas

Reserves policy

The Trustees regard the equivalent of three months operational expenses as an appropriate level of reserves. The present level of funding is adequate to support the continuation of the current level of our mosque activities and the Committee considers the financial position of the charity to be satisfactory.

Going Concern

Despite the drop in weekly collection from the congregation gathering, the charity has maintained its financial sustainability by means of continuous donation being received via standing order donation and face-face collection, together with income from rental of charity property. This has and has resulted in regular inflow of funds to maintain charity activity. The Executive Committee continues to explore options for generating additional income from its current premises and will hand over findings to the incoming executive committee (election pending) for final resolution.

Significant Events (post year-end)

There were several community meetings held during 2022, following which was an Annual General Meeting. Subsequently, there was a decision made to dissolve the old Administration and run an Election process to Appoint a new Committee. The New Committee, listed on page 3 came into power in November 2022.

Shamim Ahmed

Chairman

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

Independent examiner’s report to the trustees of ‘Cambridge Muslim Welfare Society’

I report on the accounts of the Society for the year ended 31 March 2023, which are set out on pages 8 to 12.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit

is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 10[th] January 2024

Name: Moin Uddin

Relevant professional qualification: Associate member of Chartered Institute of Management Accountants Address: 283 Campkin Road, Cambridge, CB4 2LD

FINANCIAL STATEMENTS

Statement of Financial Activities

For year ended 31[st] March 2023

Incoming resources from generated funds: Notes Voluntary - Donations Voluntary - Zakah Voluntary - Zakah al-Fitr Other income 2 Total income Resources expended Charitable activities 3 Costs of generating funds Total resources expended Movement in total funds for the year Net Income (Expenditure) for the year Transfer between funds Net movement in funds Reconciliation of funds: Funds brought forward at 01.04.2022 Funds carried forward at 31.03.2023		Unrestricted Funds £ 55,091 - - 25,469 80,560 84,294 - 84,294 (3,734) - (3,734) 420,707 416,973		Restricted Funds £ - 3,471 668 3,503 7,642 4,421 - 4,421 3,221 - 3,221 4,573 7,794		March 2023 Total Funds £ 55,091 3,471 668 28,972 88,202 88,715 - 88,715 (513) - (513) 425,280 424,767		March 2022 Total Funds £ 52,522 1,438 2,474 42,983
								99,417
								85,615 -
								85,615
								13,802 -
								13,802 411,478 425,280

Balance Sheet

As at 31[st] March 2023

Fixed Assets Tangible Fixed Assets Current Assets Investments Debtors Cash and bank balances Creditors Amounts falling due within one year Net Current Assets NET ASSETS REPRESENTED BY: Restricted funds Unrestricted funds TOTAL FUNDS	Notes 5 6 7 8	March 2023 £ 1,738 1,935 96,560 100,233 (4,724) (4,724)	March 2023 £ 329,258 95,509 424,767 7,794 416,973 424,767	March 2022 £ 1,738 3,535 106,840 112,113 (10,957) (10,957)	March 2022 £ 324,124
					324,124 101,156
					425,280
					4,573 420,707
					425,280

The accounts were approved and authorised for issue by the Board of Trustees on and signed on its behalf by:

Shamim Ahmed Chairman Date: 10[th] January 2024

Muhammad Naveed Khalid General Secretary Date: 10[th] January 2024

Notes to the Financial Statements

1. Accounting Policies

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention, and in accordance with the Statement of Recommended Practice (SORP), 'Accounting and Reporting by Charities' published in March 2005.

Tangible fixed assets and depreciation

Fixed assets held by the charity consists of freehold properties. Depreciation of these properties is not provided. Purchase of equipment are treated as revenue expense and those are written off in the year of purchase in full. Purchase and installation of other large expenditure such as Carpets and Air conditioning will be capitalised and depreciated over a useful life of 4 years.

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of Trustees in furtherance of general activities of the charity which have not been designed for other purposes. Restricted funds are to be used in accordance with particular purposes for which the funds were raised by the charity. Any difference in expenditure and income is to be transferred to the general fund except for Zakah Fund.

2. Other Income

Rental Income Tuition fees Dividends received HMRC JRS Grant Local Restriction Support Grant Turkey & Syria Appeal Special Appeal Total	Unrestricted Funds £ 25,137 270 62 - - - - 25,469	Restricted Funds £ - - - - - 1,247 2,256 3,503	Total Funds 2023 £ 25,137 270 62 - - 1,247 2,256 28,972	Total Funds 2022 £ 24,505 260 18 6,200 12,000 - - 42,983

3. Charitable Activities

Salaries and NIC Rates and water Light and heat Insurance Cleaning Repairs and maintenance Office costs Bank Charges Events and celebrations Sundries Grants Ramadan arrangements Air-conditioning Carpets Zakah Zakah al-Fitr Special Appeal Professional fees Renovations Equipment Election expense Total 4. Analysis of Employee costs Salaries Social security costs Total The average number of employees	Unrestricted Funds £ 60,403 3,613 5,703 2,365 1,985 2,197 788 525 - 80 110 2,075 - - - - - 1,789 50 923 1,688 84,294 2023 £ 55,996 4,407 60,403 3	Restricted Funds £ - - - - - - - - - - - - - - 3,300 668 453 - - - - 4,421 2022 £ 53,292 3,502 56,794 3	Total Funds 2023 £ 60,403 3,613 5,703 2,365 1,985 2,197 788 525 - 80 110 2,075 - - 3,300 668 453 1,789 50 923 1,688 88,715	Total Funds 2022 £ 56,794 2,781 4,713 2,110 2,051 4,652 45 528 716 25 100 1,700 1,521 262 3,600 2,154 - 1,863 - - - 85,615

5. Fixed Assets

5. Fixed Assets
Cost Valuation/Cost 1 April 2022 Additions Depreciation Balance 1 April 2022 Charge for the year Net Book Value 31 March 2023 Net Book Value 31 March 2022 6. Investments 800 Ordinary shares with British Telecom Market value £1,166 (2022 £1,458) 7. Restricted Funds Zakah Zakah al-Fitr Funeral appeal Turkey & Syria Appeal Special Appeal - Transfer to unrestricted funds Total 8. Unrestricted Funds Unrestricted funds - Transfer from unrestricted funds	Fixtures & Fittings £ 29,385 5,184 29,385 29,385 50 29,435 5,134 - Balance 1 April 2022 £ - - 4,573 - - - 4,573 Balance 1 April 2022 £ 420,707 - 420,707	Fixtures & Fittings £ 29,385 5,184	Freehold Properties £ 324,124 -
		29,385	324,124
		29,385 50	- -
		29,435	-
			324,124 324,124 2023 £ 1,738 Incoming Resources £ 3,471 668 - 1,247 2,256 - 7,462 Incoming Resources £ 80,560 - 80,560