ISLAMIC CENTRE (CENTRAL LONDON) REPORT AND FINANCIAL STATEMENTS 10 JULY 2025 Charity No. 274284
ISLAMIC CENTRE (CENTRAL LONDON) REPORT AND FINANCIAL STATEMENTS 10 JULY 2025 ontents LEGAL AND ADMINISTRATIVE INFORMATION REPORT OF TRUSTEES REPORT OF THE INDEPENDENT EXAMINER TO THE ISLAMIC CENTRE (CENTRAL LONDON) STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE ACCOUNTS
Legal aii.d Admlnl.stratlve Information Trustees Mrs, r Arl,, Mr, M Isiarn Mr. A Ka71 Mr, H Zubalr Priiicii)le offlLe 10 BerwicK )Ireec Lolluoii WIFOPH inarity number 274284 Independent examiner Fraz ivldll Chartered Accountsni Upper Floor Flat 156 Plashet Road London Bankers Barclays Bank plc 27 Soho Square London WID 3QR HSBC UK Bank PIC 26, College Road Harrow HAI IHG
Rei)q)I't ()I' Ti'iisleLIy I'lie tiii%liie% i)iY.%eiii Ilitili. IMII)i)I'l iiiiil fliiiiii('.I;114l'iliiiiiiiiit,s (If tli(:1,51iiriil(.' (;(Iiit.r(., ((;ciritral I,i)Ilcl()11) ["Ilie (', Iiill'il.v) li)I' I,IILI .yeiii' LJll(I Iiil l () Iii l.y 2 () 2 f). 'I'li Ll fl Ili.I11 (,'Icl1 .s't¢l t.Li1711111 t,4 hilvc l)Iieii i)Ix).i)'Iiti(I Iii tlLI'()I'11,1111:o wlt li IIILI ¢lL(;()IiiilliiH i)()I ILle.g %(!( ()ul (111 l)ill_!e,5 9 t() 12 an C()1111)l.y 1vil.li tIIL cliarlly's Iriisl (lee(I t111(I tll)i)I ILiil)le It1W, RefenCe aiid 41(Iniliilstratloii detnlls These are set oiit 011 i)age 3. Stnicture, governance and maiiagement The charity is constituted linder a trust deed dated I l July 1977 and is a registered charity number 274284. The trustees who served during the year and since the year are set out on page 3. Trustees are appointed by the existing trustees in a meeting and hold office until the appointment is terminated by the trustees or by resignatiorA. rhere were no custodian trustees. Objectives and activities The objects of the charity are for general charitable purposes, particularly for the care and support of the Islamic community of persons residing or working in central Londop, In planning aciiviiies ior the year, we have had regard to the Lharity Commission's guidance on public benefit. Our main activity remains the organisation of daily prayers and prayers on main Muslim festival days of the year. This provides a Centre for prayers and worship for members of the Islamic community residing or working in central London. The premises used for daily prayers are a conversion of a small shop, with a very narrow staircase. Unfortunately, we cannot accommodate women for prayers because, due to limitstions in the size and layout of the building, we are unable to provide separate facilities for both men and women in compliance with local laws and with Sharia law. We keep this situation under review. Perfornlance During the year the trustees noted a gradual decline in donation collections at the Centre compared with prior periods. In response, several operational measures were introduced to improve accessibility for worshippers and to facilitate donations. In April 2025 the Centre introduced an automatic credit and debit card donation facility at the premises to allow visitors and attendees to contribute more easily. In addition, certain operational adjustments were made to the day-to-day management ofthe Centre. From September 2025 onwards these measures have led to a noticeable improvement in donation collections, with weekly contributions increasing compared with earlier months of the financial year. The Centre also introduced a second Jumu'ah prayer on Fridays to accommodate the number of worshippers attending the premises during the working week. This has
Inii)11)vil(I 'i('('C',liS r()I' Ilii).li(I wli() w()I'l( ()I' ,lil11 (ly 111 (Ii(I fl I'Lla {'111 (I Ii¢.l.s n l.g() c()11 trl l)11 tc,d l() ej n IILml.%Q 111 t l)Ll Iiiiiiil)ei' ()r (l()Ii'il l()11.S I'LI(•LIIvLI(l (111 rl114y I I'l(lily pfc.IyLir.g, Flnanclal vIe Tlie Lhai"ily 1% iii(lei)eiiileiit ()f any ()tlier Lliarltahle or p()lilical ()rganisatl()n and c()Ilec its" fuii(Is eiitii.ely fi'()111 voluiitary doiiors, IoLal busine5se.s and resldents. 'fhe tru.stee.s ai.lio acknowledge the valiicible Iielp of volunteers who assist in the cnllections from tlme tn tiiiie. The doiiations received aniouiited to £29,032 (2024 - £33,745), which includes contributions from the trustees. Total expenditure was £41,803 (2024 - £38,673). Total receivables were £913 (2024- £1,076). The charity had a decrease in funds for the year ot £12,771 (2024- decrease of £4,928). The trustees continue to monitor the financial position of the charity carefully. While essential maintenance works are required at the premises, including replacement ot tne prayer hall carpet and general refurbishment, the trustees have resolved to defer major capital expenditure originally anticipated for the 2025/26 financial year. This decision nas been taken to allow reserves to increase to a prudent level before undertaking significant refurbishment works. The trustees will continue to review the timing of these works as donation levels improve. The charity has sutticient cash reserves to cover tne ongoing management and administration costs for at least a period of 12 months from the reporting date. Reserves policy As the charity has no restricted or endowed funds it is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a minimum level equating to two to three months unrestricted expenditure. This provides sufficient cover for day-to-day management and administration costs of the charity. The charity does not make any grants to any individuals or institutions. Statement of Trustees responsibilities The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year, which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
, ne trustees tor the purposes ot charity law who served during the year and up to the date of this report are set out on page 3. Approved by the trustees on 9th April 2026 and signed on its behalf bw Name: Name: Humayun Zubair Date:1810412026 Date: 18104r2026
Report of tlie Iiidepeiident Lqxanilner to Ilie Islamlc Centre (Centrcil Loiidoii) Tlie cliai'ity's ti'usteLJ5 111"e re%ii()Iisil)ILJ r()I' IIIL, l)I'eiiill'clt l()11 of tliL) (ILL()u nls, The charlty-.4 trustee5 coiisicILJI" tliat ali aii(li( 1.% n()t I'L)qiifirLJ(I f()I' tlil.% Vear uiider .gectlnn 144 ()f the CliaritlLJS ALt 2011 (tlie Charlties Act) aiid that an indepeiident examiriatlon Is needed. It i.s my responsibility to: eianiiiie tlie accouiits under section 145 of the Charities Act, to follow tlie procedures laid down in the general Directions given by the Charity Conimission (under sectioii 145(5)(b) of the Charities Act), and to state whether particular matters have coine to m! attention. y examination was carried out iii 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 ot 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. In connection with my examination, no matter has 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 Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I h2vp cnmp 2ernff 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. oi/o5/2cX6. Fraz Malik Upper Floor Flat 156 Plashet Road London
Statemeiit of Fliiaiicial AcLivlties For the vear ended 10 lulv 2025 Notes All AK Unrestricted Unrestricted funds 2025 funds 2024 Income from: Donations and legacies 29,032 33,745 Total 29,032 33,745 Expenditure on: inaritable activities (41,803) (38,674) Total Net (loss)/profit Transfers between funds (12,771) (4,929) Net movement in funds (12,771) (4,929) Reconciliation offvnds Totsl funds brought forward Tot funds carried forward 428,738 415,967 433,667 428,738 The charity does not have any restricted or endowed funds. The charity made no recognised gains or losses other than those reported in the ststement of financial activities.
BalAiice Sliect tls ai 10 Iiilv 2()25 Note In Iiily 2()25 1 O July 2024 TinRiI)le assels Totxl flxed assets 344 263 344,263 344 263 344,263 Intnt assets Debtors and pitpaynients Cash at bank i otai current assets 913 70,791 71,7U4 1,076 83,399 t14,475 Cditors. aniounts falling due within vile yedl 10 Net current assets 71,704 84,475 Total assets less current liabilities 415,967 428,738 Net assets 415,967 428,738 Funds ofthe charity Unrestricted funds Total funds 415,967 415,967 428,738 428,738 The charity does not have any restricted or endowed funds. Approved by the trustees on 9th April 2026 and signed on their behalf by Name: Name: Humayun Zubair Date: 1810412026 Date: 181042026
Notes to the ciccoiints l. Prlncli)le accoiiiitliiR i)()IILle.I a) B.Isls ot pM%i)ArAtloii aiid ns.sessiiieiit ul H()IiiH coiicerii Tlie t111111Lial stilteiiic!Iil,s Ii'ivLI IILIQII I)I"Llll;Il"(i(111i acL()I"dc111Le wltli IIIL, Stiltement o,. ReL()Iiiiiieii(le(I Pi'ac:tlce: AcLI)Illltliig c111(I Ilep()I"(I IILY l)y (;Iiarltle,s prL'parlnkJ thcjjr aLXX)IIIIIS 111 'IC'I:I)IXI,111L•(J Wllll Ille 14lll¢lllLlcll l<CJI)(?I'iiiig siaiidard appiicanic) In tne u 111(l Ri'piiblic of Ii'elaiicl (I-IIS 102) I.SSUL)(l March 2018 and (he I;Inancial Reporting St.211(1.Il ay)i)IiLc1l)le Iii tIIL' Uiiitcd l<liigy(loin and Repiiblic of IrL,land (fRS 102) and the Cliaritles Act 2011. The financial stateiiients Iiave been prepared under the historic cost convention. Tlie chai'ity constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the charlS ability to continue as a going concern. b) Income resources The charities income is derived form voluntary donations only. It does not have any income from investment or endowment funds. Income is reported on a gross basis in the Statement of Financial Activity (SOFA). IncominR resources from tax claims on donations and gifts are included on the SOFA at the same time as the gift to which thev relate. c) Expenditure Expenditure is included on an accruals basis. All expenses are incurred as manaRement and administrative expenses, in keepin% with the objective of the charity to run and manage the Islamic Centre (Central London). There are no othe- expenses. Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to expenditure. d) Tangible fixed assets and depreciatson Assets that can be used for more than one year and exceed a cost of £250 are capitalised. They are valued at cost or a reasonable value of receipt. The charity aoes not nave a policy or revaiuanon. uepreciauon Is not cnargea on rreenoia ian and buildings. Depreciation is charged on fixtures and fittings, which are written off on a straight-line basis over an estimated useful life of 5 years. e) Financial instruments The charity only has several basic financial instruments; cash, debtors and creditors. Cash is measured at the amount of cash held. Debtors and creditors are measured at the amount receivable or payable including any related transaction costs. Fund accounting The charity has no restricted or endowment funds. Unrestricted funds compose those funds, which the trustees are free to use in accordance with the charitable obiects.
.'?come m)m aoiiauoiis ana Icqacies -1 inconiiiio M>soiirces Iiiclude ent.Irelv of voluiitcllv (_I()11,1ll()Iis r()Ilccted throiighout .e vear, l.hese att iIILliided Iii tlie Sul,'A wliLJII; tlie Ltiaritv beLoiiies eiitlllcd lo tlie (l()iiatl()111)r .51mllar Income and anv conditi011S c)r receli)t al'e Iiiel. tlie ti"Iistee5 Iiave rLJLI'lve(I It ur til'e re'i.%()Ilclblv Lertaln thev wlll recelve It; the ti'ustees are rea.soiial)ly cel'taln tlic1t tlie value can be reliably measured. 3. Expenditui Expenditure on cliaritsble activities is composed of the followin(y: 2025 2024 28,828 23,609 4,630 7,581 5,377 5.248 2,967 2,236 Salaries and wages LiohL heat and water Insurance Repairs, renewal and TP.?intonanra Professional charges Total resources expended 41,802 38,674 Net incoming/(outgoing) resources is stated after charging the following: 2025 2024 Lxaminer's remuneration Other fees paid to the examiner Trustees remuneraiion 4. Grants Ine cnanry nas noi maae any grants 10 eiiner Insntuiions or Inaiwauais. Employee costs 2025 26,469 904 1,455 2024 22,288 659 662 Gross wages and salaries National insurance costs Contribution to defined contribution pension Total stsff costs 28,828 23,609 Average number oi employees in the year There were no employees who received emoluments of more than £60,000 in this year or the prior year. 6. Trustees and other related parties Trustees were not reimbursed for any of their expenses in the year (2024- £Nil). There were no related Dartv transactions in the vear that reauire disclosure. None of the trustees have been paid any remuneration or received any other benefits from emDlovment with the charitv or a related entitv.
Tangfible Ilxed o1sselS rreeliol(I Illxlures & Total Iliill(Ilngs Illtllngs Cost C.()lil l)/f Additi()i).* ui%i)c)%al.s LC)St c/f 344,2C).1 l U.()70 .4(?2,3.3:4 344,263 18,070 362,333 Freehold Flxtures & Total Bulldings Fittings Accumulated deDreclation alance b/t Additions Disposals Balance c/f ItJ,u/u 18,070 18,070 ittings 18,070 kluildin Net book value Brought forward Larried torward 344,263 344,2b3 344,263 344,2bJ Investment assets I ne LIl<iriiy aoes noi nave any Invesimeni asseis L£UZ4 - tINIIJ. Debtors and prepayments 2025 913 913 £U£4 I,O/b 1,076 Prepayments Total debtors and prepayments 10. Creditors 2025 2024 Accruais Total crediiors 11. Endowment and restricted funds The charity does not have any endowment or restricted funds. 12. Movement ofmajor funds The movement of income funds is set out in the SOFA. There are no other major fiinAc 13. Other information The charity does not have any material commitments not provided for in the accounts (2024- £Nil). The charity has not given any guarantees to third parties that could be called upon at the year-end (2024- £Nil). The charity has not granted any loans that are outstanding at the year-end and secured anv of its assets (2024- £Nill.
',e charitv has n()t oranted anv loans that are outstandinE at the vear-end to an! ,.1Slltuiion or cnmDanv cnnnected with the charltv (2024. £Nil). "he charitv did not m,Ike anv ex-cratla navments diiring the vear (2024- £Nil). 14. Ueclarattons I'he ch1rity has no branches. The trustees Iiave not chanRed the year end date or the lenRth ot the charitys Iiiianciai year. I he Charity does not have any designated tunds. All the cnaritys operations are continuing operatsons and ttiere were no operations aisconunuea or acquirea uuring Iiie yedr. I'he charity had no assets at the 'Dalance sheet (late classitied as Inalienable or nisioric. A AIL LAiaA ILY iAai Ilo IntangiDie asseis. one or'tne cnaritys runctional assets have been revalued during the year. A lie iliai ity does not have any subsidiary companies. I ne cnariry nas no maieriai Iixea assets, wnicn nave noi Deen capitaiizea ana included on the balance sheeL