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2022-12-31-accounts

PURPOSE&OBJECTS
A: The Centre shall be established for the advancementofthe religionof
Islam and Islamic education.
B:Inparticular the Centre is established
Summaryoftheobjectsofthe
charity setoutinits
governingdocument
(1) Primarilytoprovide Islamic education to Muslim children.
(2) To provide, erect, maintain and conduct Madressas (Religious
Classes), Mosque, Libraries, cemetery.
(3) To cultivate and encourage among Muslims the knowledge and
love for religious ideals, traditions and principlesofIslam and
generally to promote education in Islamic Culture.
C: And shall have powers in furtheranceofthe objects
(1) To establish and organise the finance for the achievementofthe
purposes of the Centre
(2) To obtain, collect and receive money and funds by wayof
contributions, legacies,grants and by any other lawful method
and accept and receive gift of property of any description
(whether subject to any special trust or not).
(1) Offerplaceof worship
(2) Offer classes for boys and girls
(3) Lectures for adults
(4) Assistance with Funeral Services
(5) Provide speakers and accept visits from schools
(6) Participate in Interfaith Dialogue
(7) Provide Islamic advice and information to the wider
community in Hertfordshire
Summaryofthemain (8) Build and maintain two-way links with public agencies
activitiesundertakenforthe
publicbenefitinrelationto
theseobjects(includewithin
this section thestatutory
declarationthattrusteeshave
hadregardtotheguidance
issuedbytheCharity
Commissiononpublic
benefit)

(1) To accept gifts, Zakaats, bequestsorlegacies leftby
institutionsorindividualswhethersubject toanyspecial trust
ornot, for any oneormoreobjectsofthe Centre.
(2) To acquire by purchase, lease, donation, exchangeor
otl1erwise, land, buildingsorotherpropertiesofanytenure
ordescription situated in the CityofST.ALBANSorany
estateorinterest thereinoranyright there_over_orin
connection therewith and turn same to account on
particulars by erecting, reconstruction, altering, improving,
decorating, furnishing and maintaining madrassa's (school).
Mosque or houses.
(3) To acquire bywayofpurchasingorotherwise allkindsof
movable properties.
(4) To borroworraisemoneyand to secure thepaymentthereof
insuch manner as the Board shalldeemfit.
Youmay chooseto include (5) To make, accept, endorse, execute and issuepromissory
further statements, where notes, billsofexchange, debentures andothernegotiableor
relevant, about: transferrable instruments.
policy on grantmaking; (6) To engage, appointordismiss employeesorteachersofthe
Centre and to make and pay allowances,wagesoreffect
policy programme related other payments.
investment; (7) To acquire any rightsorprivileges which the Boardmay
contributionmadeby
volunteers.
regard as necessaryorconvenientforthe purposesofthe
Centre.
(8) To accept and administer Waqfs and trusts.
(9) To invest and manage moniesoftheCentreuponsuch
security as from time to time to be determined.
(10)
To appeal for the funds and aid frommembersorother
well-wishers to further the objectsofthe Centre.
(11)
To enter into any agreement withanydepartmentofthe
Govern~entorCo~nty in the United Kingdom, localauthority
orother like authority and to obtain rights, concessions and
privileges that may be for the benefitofandconducivetothe
Centre.
(12)
To do all above and such things incidentaltoorwhich the
Bo_ardmay deem conducive to the attainmentofthe aforesaid
obJects.
(13)
~ny_condition, eventordecision not providedforinthis
const1tut1onshall be dealt withbymeansoftheBoard in
accordance with the provisions in Clause16 ( 1).
-Se9.tLqd;D · · ·.·· · ~Achievements and performance
::
· ,'.·,.,.--fi,':•;~~ij·
Summaryofthemain
achievementsofthecharity
during theyear
Carried out a numberofyouth projects to get youngsters involved with
the Islamic Centre.
Continued to provide funeral assistance to a numberoffamiliesinthe
local community.
Participatedina numberofinterfaith meetings to promote inter-faith
dialogue and social cohesion.
Performed multiple civil and religious marriage ceremonies.
Accommodated visits by school children and visitstoschool to speak
about Islam.
Offered adult classes for Islamic education.
Ran Diabetes Clinic
Responded to charitable requests for help during natural disasters
Keep £15,000inreservetocover3months overheads.
Briefstatementofthe
charity'spolicyonreserves
Detailsofany funds materially
indeficit
Further financial review details (Optional information)
Youmay chooseto include
additional information, where
relevantabout:

the charity's principal
sourcesoffunds (including
any fundraising);

Charity No. 275546
President. Akhtar Zaman
Address. 141Hatfield Road, St Albans, Hertfordshire, AL 1 4JX
Secretary. Ahsan Ashraf
Board. Akhtar Zaman - President
Alaa Eldin Salem - Vice President
AhsanAshraf- Secretary
Shakiel Zaman - Treasurer
Muhammed Asif - Vice Treasurer
Board Members
Safdar Zaman
Mohammed Akhtar
Muhammed Asim
Mohammed Afzal

2022 2021
Notes £ £ £
Income 1 90,379 74,771
Less: Expenditure
Sala1y- Imam and others 13,887 12,079
Card Machine charges 408 25
Light&Heat 4,512 1,819
WaterRates 2,143 1,083
Building Repairs/Maintenance 484 7,219
BritishRed Cross 30
Ummah Welfare/Fitrana 2,300 1,176
Afghan istanAppeal 960
PakistanFlood Appeal 2,272
Palestine Trauma CentreUK 738 1,176
Property Insurance 1,960 2,000
Council Tax 572 1,215
Radio Transmitter Costs 75 75
New Fencing for Car Park 6,658
Funeral Costs 8,155 530
Broadband costs/Telephone 232
45,386 27,221
Excess of Income over Expenditure 44,993 47,550

2022 2021
Notes £ £ £ £
Fixed Assets
Tangible Assets 2 1,660,654 1,660,654
Current Assets
CashatBankandinHand 346,659 301,857
Debtors 140
Current Liabilities
Creditors: amounts falling 3 (303) (355)
due withinoneyear
Net Current Assets/ (Liabilities) 346,454 301,503
Total Assets less
Current Liabilities 2,007,150 1,962,157
Financedby:
Reserves
Revaluationreserve 4 845,000 845,000
Income andExpenditureA/c 5 1,162,150 1,117,157
2,007,150 1,962,157

Notes to the Financial Statements for the year ended31 Notes to the Financial Statements for the year ended31 51December 2022
1 Income 2022 2021
£
Friday external Collections and 12,527 866
donations
Fitrana/Zakaat/Sadqa 3,960 1,191
Eid Collections 4,686 4,883
Friday Collections 30,614 36,622
Membership fees 10,630 10,231
Clothing Bank 100 550
Rent from Property 15,000 15,000
Sundry income 226 2,927
Funeral Donations 11,606 1,700
Solar Panel Income 1,030 801
90,379 74,771
2 Fixed Assets 2022 2021
£ £
Mosquebuilding at cost 182,000 182,000
Add: revaluation 768,000 768,000
Mosque Building Improvements 170,654 170,654
Mosque building at valuation 1,120,654 1,120,654
Investment property at cost 463,000 463,000
Add: revaluation 77,000 77,000
Investment property at valuation 540,000 540,000
1,660,654 1,660,654

2022 2021
£ £
3 Creditors
Creditors 211 355
PAYE 92
303 355
£
4 Revaluation Reserve
Mosque building 768,000
Investment property 77,000
845,000
The surpluses arising on revaluationofthe Mosque Building and the Investment
Property have been taken to Revaluation Reserve
2022 2021
5 Income and Expenditure
Account
£ £
Balance brought forward 1,117,157 1,069,607
ExcessofIncome over 44 ,993 47,550
Expenditure for the year 1,162,150 1,117,157
Signed: '----+-+--:~"-I-+-...:,,.,,---------'
Date:
_3o_10Zo'l..l.
Name:
Relevantprofessional
Memberof AssociationofAccounting Technicians
qualification(s)orbody
(if any):
Address: 124Sosse,Close
. Luton
LU40UE