Charlty R•gIStra￿on Nth 273945 LEYfoNSTONE ISLAPIIC ASSOCIATION TRUSTEES. REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 LEYfoNSTONE ISLAMIC ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Charfty nwnber 273945 Truste•s durlng the y Mr Dawood Patel Mr Ibrahim Hafez Mr Yakub Adam Mr Mohammad Nasir Mr M Abhram MrA Tai otlko ￿ar￿8 durfng the year MrAkhtar H MIBa Mr Idris Tal Mr Sufyaan Potel MrGHAchh Chalrman {acting) Genfrral secretsry Jolnl se¢retsry Trusurer Independent examlner KPSR LLP 58 High Str9¢1 Pinner Middlesex HA5 5PZ Bankers Bard8y8 Bank PIC LEYfoNSTONE ISLAMIC ASSOCIATION CONTENTS Pag• Tnjstees, Report Independent ex8mineYs r8PNt Stotement of finandal 8dlv6tl•s Balance sheet NDt•s to the accounts LEYfoNSTONE ISLAMIC ASSOCIATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Tha tru$t$8s present their ￿port and accounts I￿tha year ended 31 Drtembar 2024. The I￿￿teeS would likè to thank DrAbdus path¥￿ and MT YusufAgha vtho have sadty passèd away for ajl thelr hord work for the tharfty. The accounts hav8 b88n prepa￿d in accordance with the aC￿￿nting polioes set out in note 1 to the accounts and compty whh tho ConsfjiullDn adDPted l Jun8 1977 8$ 8rnended 6 July 1980, IhB Charfties Act 20118nd th stst8m8nt of Rgcomrnended Practice ISORPI. 'Accuuntlng and Reporting by Charities", Issued In Marth 2005. StruC￿re. governan￿ and m•n•gemnt The charity was establishéd by a d)arltabl& trust deed. The tNstses who served during the yearwere: Dr Abdus Pathan Mr Dawood Patel Mr Ibrahlm Hafez Mryakub Adam MrYusufAgha Mr Mohammad Naslr Mrm Abhram MrATai IResvJn8d 15 February 20251 (Resignéd 31 October 20241 (Appcinted 24 October 20241 {Appc4nted 28 January 20241 The charity has th8 authoiity to appolnt new trustee$ as the need arises. A new trustse would rec¢iv¢ Vlies of th• prèvSous Annual Report and Accounts and a copy of the Chavlty CommisswJnorfs1gafiet Yhe E55ential Truste6- What you need to knoV. Tho twstees have the 8uthorfty tD Iwivest the charlty funds. The adminlstraUon of the ¢harity is c8rrigd out by the trustees. No trustee5 received any remuneration from the charity during th8 yèar, werè théy rèimbursed for 8ny 8xpenses incurred on behalf of Ihe chority. The twslees have assessed the major rlsks to whlch Ihe charity is expostrj. and are 3aUsf*d that Sy8lems are In place to miti'gate oxposure lo tho maj(Y risks. ObJ¢ctlves and •¢tlvltl Th• chartys ￿lacts arè to advancÈ thg ￿hg1¢n of Istsm and to advance Ihe 8(lucalion of Muslrn children and adults In accordance with the tenants and doctrines of Islam. The polldo8 adopted In futherance of these objects aTe provide buildings. facilltlè8, Open spacg. services, advocacy, advlce and Infommtion and there has been no changè in lJie$e during the year. The tru8te98 have P8id regard lo guidan￿ issugd by th¢ Ch¥rity Commi581on in dedding what @c￿¥{tieS tha charity shoutd undertake. AthlevomoTh1s ahd perfomiance Effots are continuing to provtde morg streamlned IslaMiG eduGatson81, nlkah and funaral facilities to worshippars thelr famllies. Flnanclal revl•w The Injstees are satisfi8d with thè tran88dons and the performance of the charfty throughout the year. LEYfoNSTONE ISLAMIC ASSOCIATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 On b•haW of the board oftrustee8 LoytOnst￿8 IslamicAssocAation MT Dawood P•tel Mr Ibrahlm Hafez ubAfam Dated.. 01 Dal8d: LEYfoNSTONE ISLAMIC ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEYfoNSTONE ISLAMIC ASSOCIATION I report on the accounts of the tharity for thè year ended 31 December 2024, wFMch are Sel aul on pageB 4 trj 8. R•spècliv• r•sponslbllltles of trustseB and ex•mlner The thariws trustees are r8sponsibl8 forth8 pr￿aration of the accAJunts. The chartty's trustees con$Fder Ih8t an audlt is not required forthls year under section 144121 of the CharEties Art 2011 Ilhe 2011 Aci} and that 8n Ind?pendent examlnation18 needed. It 18 our respDnsibilty lu.. èxamlna the accounts under section 145 ofthe 2011 Act., lil) to follow the procedures laid down in the general Dir8ctions glven by the Charfty Commi8sion under sedon 145{5llbl ofthe 2011 ACL and Olil to state wh6ther partiojlar matters have come to our atterrtlon. Basis of Ind•pendent examin•rfs rèport Our examlnatlon was carried out in accordance wttri the general Dlrections given by the Gharity Cornmisslon. An examination includès a review of the accounting Tecords kept by the charity and 8 (x)mparison of the accounts presented wth those records. It aK50 includes consi(leration of any unusual items or discknsurt% in the a(xounts. and seeklng explan8tions from you as ITUStee5 concemlng any suth matters. The procedures undertaken do not provSd8 all the ¢￿dence that would be required iwr an audit and con$equenUy no opinion 15 given as lo whéthèr the accounts present a trje and fairMeW and the report is limitèd to th0￿ rnatter8 Sat out in the ststement below. Indèp•nd•nt oxamlnerfs st#tsm•nt In conneciion Mlth our examination, no matter has come lo our attefttlon: al whl¢h gives u$ reasonable cause to believe that in any matorial resp8ct the requirefnents= 111 to keep 8ccounling Tecords in aco)rdancB Wth section 130 ofthe 2011 ACL. and 111 to prspare Accounts which accord with the accounUng records fjnd c£srnptywilh the acwunt5ng requlremenls of thg 2011 Ad. have not been met,. or b) kn which, in my opinion. attention shouky be drawn in order to en81￿e a prcoer understanding of the accounts to be rfjoched. KPSR LLP Chartered Accountsnls 58 High Street Inner Mlddles¢x HA5 5PZ 01 |.ID LEYfoNSTONE ISLAMIC ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes mln souree Ir Donatioris 8nd18gacies Renlal income nerate 128.359 18,000 127,572 17,738 Total IneamSng r•sources 146,359 145,310 es nde Charitsblg actTrvities Staff cost Leg81 and professional fees Other t*aritabl8 expendlture 88,274 520 51.150 92,136 520 50,044 Total charltablD oxpondltur• 139,944 142,700 Not Income forthe ytarl Net movgment In funds 6,415 2,610 Fund balancgs at 1 January 2024 897,016 894,408 Fuhd b8lw¢e* at 31 DeGemlxr 2024 903,431 897,016 LEYTONSTONE ISLAMIC ASSOCIATION BALANCE SHEET ASAT 31 DECEMBER 2024 2024 2023 Notes Flxed assets Tanglble assets 636,480 639,754 Current assets Debtors Cash at bank and in hand 1,009 Y17.641 917 263,249 271650 264,188 Credltovs: amounts falllng due wlthln one yoar 111,6991 16,Wl N•t currnnt gssèts 2fj6,951 257,262 Totsl assets lass ¢urrnnt Ilabllld 903.431 897,018 Incomg fvnds Unrestrlcted fvnds 903.431 897,016 903.431 897,016 o1l.iol. The accounts were approved by the Twstees on .. . . Mr Dawood PAt•l Mr Ibrahlm H•fo2 Mr Yakub Ada LEYfoNSTONE ISLAMIC ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 A¢eountlng polld•s 1.1 B4sL8 of preparatlon The accounts hav& been prepared under the historifal cost convention. The ?￿ounts have been prepared In accordance vAth appllcabte accounlkng Stsndards, the Statem8nl of Recommended Praclce ISORPX 'Accwnting and Rep￿Ing by Chartues", Issu&l In March 2005 and the Ch8rKies Act 2011. 12 Incomlng resources Do+Trat5ons and Oth￿ Income are accounted for in the year in Ythich they are recelvable and geherally accrual accounlng has been employèd. Ca8h dOnatiOr￿ are re¢xNJni8ed on recoipL In￿Me tax recoverable in relatiim to donations received ¥Jnder GrftAid or deeds of ojvenanl Is recognlsed 8t the tima ofthe donation. 1.3 R￿1>ure￿ expended Llabllities are recognised as expendlture as soon as there Is a lègal or rxinstrucuve Obliga￿On commitbng tt>e thallty to that •xpendthr8, it is probobb that a transfer of economic benefits will be required in settlement and th8 8mount of the c*ligalion ¢an b¢ measured reliabty. ExPend￿re is accwnted for on an aceJuAls bBsIs and has been classified under hoadlngs that aggregate all cost related to the ¢gtegory. Where costs cannot be dirècdy altrfbuteed to paTUuJlar headings they have been allocated to on a basls consistent with the use of resource5. Grants offered subject to conditions wlmch have nc4 been mtt at the year end dale are notgj as commitment but not aCcn￿d as 8xp8ndithJr8. 1.4 Tanglble flxed 8sJ8ts and dopredatlon Tangiblè fix8d ass8ts other than freehold Eand are staled al o)sl1&8s depre￿3￿0n. Depreciation is provided al ratss cathlated to write off the cost19s5 eStimat¢d wsidual value of each asset over hs eXPaGted useful Kfe, as folkhvs.. Fithres. fftbngs & 9qUiF4n8nt 10% to 20% RB No depre￿ati￿ is provided in respect of freehold PTDpertie8 and are malntsined in uotsd cond￿On. Donations and legacies 2024 2023 Dongtions, gifts and coll8Ctions 128.359 127,572 Rentsl Income 2024 2023 Réntal incom 18.000 17,738 LEYfoNSTONE ISLAMIC ASSOCIATION NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 T¢tsl r•soureès •xp•nd•d Totsl 2024 Total 2023 Charttable actfvitle P8Storal care servlces Wag68 and sak2ries 29,222 29.540 59,052 62,596 Le alan fe Radio transmission fee 520 520 Rates Insuranc8 Light and heat Rep81rs 8nd maintenance Telephone and f8x A(uuntancy Cleaning Adverhsing Sundry 8xpertse Donations Bank charges Depreciation 2,464 2,477 13,915 19,605 482 3.094 2,945 587 127 2.000 180 3.274 1,891 2,302 18,505 11,824 610 2,926 2,501 90 77 5,5 139,944 142,7 Trusto Nme ofth8 trustsès lor any pèrsons connected them) received any remuneration during the ye8r. Employe89 Number of employees The average monthly nurnber ofemployees durin9 th8 y8ar was: 2024 Number 2023 Number Tutors There were no employee8 wh080 annual remunernti(m was £eo,000 or more. LEYfONSTONE ISLAMIC ASSOCIATION NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2024 Tanglble flxed aM•ts Land and bulldlngs FIX￿r•s, ffttlngs & equlpment Totsl At 1 January 2024 and at 310acÈmbÈr 2024 ,954 112,597 712,551 Doprpclotlon At 1 January 2024 Charge for the year 72,797 3,274 72,797 3,274 At 31 December 2024 76.071 76,071 Net book value At 31 December 2024 599,954 36.526 636,480 At 31 December 2023 599,954 39.800 639,754 D•bto 2024 2D23 Prepay7nents and accrued inwne 1.009 917 Cr•dltors: amounts tslllng due wlthln Me y•ar 2024 2023 Wages control attount Other (Xedilors Ac(xua 5,240 283 6,176 5,016 256 1.632 11,699 6.904