CHARITY REGISTRATION NUMBER: 275697
ISLAMIC CULTURE AND EDUCATION CENTRE
BATTERSEA
Financial Statements
31 March 2024
DrnftAccounts
SALEEMI ASSOCIATES
Chartered accountants & Ststutory Auditor
792 Wickham Road
Croydon CRO 8EA

ISLAMIC CULTURE AND EDUCATION CENTRE BATTERSEA
Financial Statements
Year ended 31 March 2024
Page
Trustees, Annual Report
Independent auditor's report to the members
Statement of Financial Activities
12
Statement of Financial Position
13
Statement of cash flows
14
Notes to the Financial Statements
15
The following pages do not fonn part of the financial statements
Detailed statement of financial activities
26
Notes to the detailed statement of financial activities
27

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Trustees, Annual Report
Year Ended 31 March 2024
The trustees have the pleasure of presenting their report and the charity's financial
statement for the year ended 31 March 2024.
Reference and administrative details
Registered charity name
Islamic Culture and Education Centre Battersea
Charity number
275697
Principal office
73-75 Falcon Road
Battersea
London
SW112PF
The Trustees
Mr M A Choudry- Chairman
Mr M Arshad - General Secretary
Dr M Akhteruzzaman- Treasurer
Mr A K Barkatullah
Mr N A Hashimi
Mr D Hossain
Audltor
Saleemi Associales
Chartered accountants & statutory auditor
792 Wickham Road
Croydon
CRO 8EA
Bankers
National Westminster Bank PLC
St Johns Road
Baltersea
London
SW111PB

ISLAMIC CULTURE AND EDUCATION CENTRE BArrERSEA
Trustees, Annual Report (continued)
Year Ended 31 March 2024
THE Trustees
The trustees who served the charity during the period were as follows..
Mr M A. Choudry
Dr M Akhteruzzaman
Mr M Arshad
Mr A K Barkatullah
Mr N A Hashimi
Mr D Hossain
BUILDING OUR FUTURE PROJECT
This year, £ 42,000 of Qard-e-Hassanah has been returned to a donor who had
requested its return. Accordingly. the Qard-e-Hassanah balance for which 'The
Cenlre, is still indebted has been reduced lo £2,000, shown in the accounts under the
heading creditors-bank loans and overdrafts.
STATUS
The organisation is a registered charity established by the Declaration of Trust, made
on March 15, 1978. The charity is govemed by the Declaration of Trust and controlled
by the trustees.
PRINCIPAL ACTIVITIES AND REVIEW
The principal activity of the charity during the year was the development of the Islamic
faith and charity work in the London Borough of Wandsworth, wilh particular emphasis
on promoting facilities forthe young people and the elderly members of the community.
The results for the year are shown in the accounts and report. The progress during the
year and the position at the year-end are considered to be satisfactory. Details of the
activities are as follows..
Mental Health First Aid Course (Adults &
The Mental Health First Aid course for which Wandsworth Council provided a Grant
of £4,588 to the 'Centre' was organized in this financial year and therefore no longer
remains outstanding.

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Trustees, Annual Report (continued)
Year Ended 31 March 2024
FOOD BANK INITIATIVE
The Food Bank Initiative has continued to be provided this year. Currently, an
average of 20+ individuals use the service every week.
SOCIAL, PERSONAL AND EDUCATIONAL DEVELOPMENT
The open-door "Drop-ln" sessions have had to be curtailed due to certain indoor
projects taking place during that time. The Friday Youth Circle for over 16 boys has
stopped due to low attendance. However. Youth Circle for sisters has started attracting
on average 10-12 sisters. The regular football project continues to attract many young
people to attend. Before and after the sessions. brief discussions are held to look at
and tackle individual issues and problems encountered by members. This is followed
by one-to-one sessions and helping them to deal with the issue at hand. The football
sessions are structured training sessions which work towards developing young
people's skills in playing football and nurturing them as good young people. During this
project, monthly workshops are held, with young people exploring issues that are
affecting them in their daily lives.
We are providing very varied club programs that meet the needs of Young People. The
youth workers have developed very good relationships with those young people who
have found it difficult to adjust in education or relate to their parentslcareers. Our youth
work team has used its skills to gain the trust of the young people in concern and
worked hard with families, school and the young people to bring about a beneficial
change for all. This was accomplished through intensive one-to-one sessions with
individuals. IYG managed to provide advice, guidance and support to young people
who were not in employment, or education and those who were in the fold of anti-social
behaviour, drugs and gang culture by way of engaging them lo lake part in the football
project and to attend monthly crime workshops.
SPORTS & RECREATIONAL ACTIVITIES
Islamic Youth Group provided various activities for young people. The on-site
activities were as follows.. Box- fit l Kickboxing, Judo, Table Tennis, Pool. Silat (a
form of martial arts}, Multi gym, Weight Training, IT and issue-based workshops. Off-
site activities include football training for all age groups. The programs are advertised
and delivered through its Monthly Program of activities. The operational days and the
end-of-the-year attendanceluptake figures for these activities were as follows..
Football boys. Sunday 7-14 years old. 30 attending
Judo boys. Saturday 4-9 years old. 10 attending
Judo girls. Saturday 4-9 years old. 7 attending
Boxfit I kickboxing boys. Friday 5-15 years old. 10 attending
Boxfit I kickboxing gids. Friday 5-15 years old. 13 attending
Open Door Indoor Activities boys. Saturday - Low turnout

ISLAMIC CULTURE AND EDUCATION CENTRE BArrERSEA
Trustees, Annual Report (continued)
Year Ended 31 March 2024
martial arts boys. Saturday under 14s on average 7 attending.
- table tennis team over 16 every Monday. 3 players in the team
TRIPS TO PLACES OF INTEREST, RESIDENTIALS AND WORKSHOPS
During the Winter Holidays.. A Football tournament was organised and a trip to flip out.
During the Summer Holidays, Trips were organised for Young people to undertake
Abseiling, Ice Skating and Laser Tagging. They also visited Kew Gardens.
ISLAMIC FESTIVALS AND OPEN DAYS
Special programs were held to celebrate important Islamic Festivals including
Ramadan, Eid-ul-Fitr and Eid-ul-Adha. Open events and discussions were held for the
entire local community for both Muslims and non-muslims throughout the year on
various topics.
RELIGIOUS TEACHING
The Madrasah's curriculum delivers basic teaching about Islam including Qurfan, Hifz,
Tajweed, Hadith, Fiqh, Akhlaaq-wal-Adaab, Aqaaid and Islamic History.
Sessions were held for the youth, where they were encouraged to discuss, share.
question ideas and gather thoughts on any topical issues that may have affected their
day-to-day life.
Weekly attendance figures for the weekend madressa were 60 young people.
Weekly attendance figures for the weekday madressa were 140 young people.
RISK REVIEW
The trustees have conducted their review of the major risks to which the charity is
exposed and systems are in place to mitigate those risks. The systems, controls and
procedures are periodically reviewed to ensure that they meet the needs of the charity.
RESERVE POLICY
The trustees aim to maintain free reserves in unrestricted funds at a level which
equates to approximately three months of unrestricted charitable expenditure,
equivalent to £50,000. The trustees consider that this level will provide sufficient
funds to ensure that support costs and emergency building works are covered.

ISLAMIC CULTURE AND EDUCATION CENTRE BArrERSEA
Trustees, Annual Report (continued)
Year Ended 31 March 2024
The balance held as unrestricted funds at 31 March 2022 is £2,187,490, of which
£217,868 are regarded as free reserves, after allowing for funds tied up in tangible
fixed assets. The trustees are in the process of drafting a reserve policy for next
year.
RESPONSIBILITIES OF THE TRUSTEES
The trustees are responsible for preparing the trustees, reports and financial
statements in accordance with the applicable law and the United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice)-
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 these 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 judgments and accounting estimates that are reasonable and prudent.
State whether applicable UK accounting standards have been followed, subject
to any material departures disclosed and explained in the financial statements.
Prepare the financial statements on a going concern basis unless it is
inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that are
sufficient to show and explain the charity's transactions and disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure
that the financial statements comply with the Charities Act 2011, the applicable
Charities (Accounts and Reports) Regulations, and the provisions of the Trust Deed.
They are also responsible for safeguarding the assets of the charity and hence for
taking reasonable steps for the prevention and detection of fraud and other
irregularities.

ISLAMIC CULTURE AND EDUCATION CENTRE BArrERSEA
Trustees, Annual Report (continued)
Year Ended 31 March 2024
AUDITOR
A resolution to re-appoint Saleemi Associates as auditor for the ensuing year will be
proposed at the Annual General Meeting
The trustees, annual report was approved on
board of trustees by
and signed on behalf of the
M A Choudry
Chairman- (Trustee)
Dr. M Akhteruzzaman
Treasurer (Trustee)
Date

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Independent Auditor's Report to the Members of ISLAMIC CULTURE AND
EDUCATION CENTRE BATTERSEA
Year ended 31 March 2024
Opinion
We have audited the financial statements of Islamic Culture and Education Centre Ballersea (the
'charily'l for the year ended 31 March 2023 which comprise the slalement of financial activities.
statement of financial position, slalemenl of cash flows and notes to the financial stslemenls,
including significant accounting policies. The financial reporting framework that has been applied in
their preparation is applicable law and United Kingdom Accounting Standards, including Financial
Reporting Standard 102. The Financial Reporting Standard applicable in the UK and Republic of
Ireland Iuniled Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the slate of the charity's affairs as at 31 March 2023 and of its
incoming resources and application of resources, including its income and expenditure, for
the year then ended;
have been properfy prepared in accordance with United Kingdom Generally Accepted
Accounting Practice.,
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing {UKI IISAS IUK}I
and applicable law. Our responsibilities under those standards are further described in the auditovs
responsibilities for the audit of the financial statements section of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant lo our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial stalemenls, we have concluded that the trustees, use of the going concem
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material Un￿rtaInlieS relating to
events or conditions that, individually or colledively, may cast significant doubt on the charity's ability
lo continue as a going wncem for a period of at least twelve months from when the financial
statements are aulhorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are
described in the relevant sections of this report.

ISLAMIC CULTURE AND EDUCATION CENTRE BArrERSEA
Independent Auditor's Report to the Members of ISLAMIC CULTURE AND
EDUCATION CENTRE BATTERSEA (continued)
Year ended 31 March 2024
Other information
The other information comprises the information included in the annual report, other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other information.
Our opinion on the financial statements does not cover the other infomialion and, ex￿pt to the exlenl
otherwise explicidy slated in our report, we do not express any form of assurance conclusion Ihereon.
In connection with our audit of the financial statements. our responsibility is to read the other
information and, in doing so, consider whether the other information is materially inconsistent with
the financial statements or our knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required lo detemiine whether there is a material misstalemenl in the financial statements or 8
material misstatement of the other information. If, based on the work we have perfomed, we
conclude that there is a material misstatement of this other information, we are required to report that
fact.
We have nothing lo report in this regard.
Matters on which we are required to report by exception
In light of the knowledge and understanding of the Charity and its environment obtained in the course
of the audil, we have not identified material misstatements in the Iruslees, report.
We have nothing lo report in respect of the following matters in relation lo which the Charities Act
2011 requires us lo report to you if, in our opinion..
the information given in the Iruslees, report is inconsislenl in any material respect with the
financial statements., or
adeqLJate accounting records have not been kept,. or
the financial statements are not in agreement with the accounting records and retums., or
we have not received all the information and explanations we require for our audit.
Responsibilities of twstees
As explained more fully in the trustees, responsibilities statement, the trustees are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and
for such internal control as the trustees detemine is necessary lo enable the preparation of financi81
statements that are free from material misstatement, whether due lo fraud or error.
In preparing the financial slatemenls, the Iruslees are responsible for assessing the charity's ability to
continue as a going concern, disclosing, as applicable, matters related lo going concern and using
the going concern basis of accounting unless the trustees either intend lo liquidate the charity or lo
cease operations. or have no realistic altemative but lo do so.

ISLAMIC CULTURE AND EDUCATION CENTRE BArrERSEA
Independent Auditor's Report to the Members of ISLAMIC CULTURE AND
EDUCATION CENTRE BATTERSEA (continued)
Year ended 31 March 2024
Audltor's responslbllltles for the audlt of the flnanclal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fraud or error and lo issue an auditorfs report that
includes our opinion. Reasonable assurance is a high level of assuran￿ bul is not a guarantee that an
audit conducted in accordance with ISAS (UK} will always detect a material misslalemenl when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on
the basis of these financial statements.
Irregularities, including fraud, are Instsn￿s of non-complian￿ with laws and regulations. We design
prO￿dureS in line with our responsibilities, outlined above, lo detect material misstatements in
respect of irregularities, including fraud. The extent lo which our procedures are capable of delecling
irregularities, including fraud is detailed below..
We obtained an understsnding of the legal and regulatory frameworks within which the charity
operates, focusing on those laws and regulations that have a direct effect on the delerminalion of
material amounts and disclosures in the financial statements. The18ws and regulations we
considered in this context were the Charities Act 2011 with the Charities SORP IFRS 1021, UK tax
legislation, pensions legislation, Anti Money Laundering regulation, General Data Protection
Regulation IGDPRI, Anli-fraud, bribery and corruption legislation, Taxation legislation and
Employment legislation and health and safety regulation. We assessed the required compliance with
these laws and regulations as part of our audit procedures on the related financial slalemenl items.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on
the financial statements but compliance with which might be fundamental lo the charity lo operate or
lo avoid a material penalty. We evaluated the trustees, and management's incentives and
opportunities for fraudulent manipulation of the financial statements (including the risk of override of
conlrolsl and determined that the principle risks were related lo manual journ81 entries to manipulate
financial performance, management bias through judgements and assumptions is significant
accounting eslimales, in particular in relation to th8 use of restricted funds, and significant one-off or
unusual transactions.
Auditing standards limit the required audit procedures lo identify non-compliance with
these laws and regulations to enquiry of the Trustees and other management and
inspection of regulatory and legal correspondence, if any.
We identified the greatest risk of material impact on the financial ststemenls from
irregularities, including fraud, to be within the liming of recognition of grant, voluntary
income and school fee, recognition of grant expenditure and the override of controls
by management.
Our audit procedures to respond to these risks included enquiries of management,
including senior management and internal accountants about their own identification
and assessment of the risks of irregularities, sample testing on the posting of journals,
reviewing accounting eslimales for biases, reviewing regulatory Corresponden￿ with
the Charity Commission, detailed reviews of a sample of funding agreements for
income and grant expenditure and reading minutes of meetings of those charged with
governance.

ISLAMIC CULTURE AND EDUCATION CENTRE BArrERSEA
Independent Auditor's Report to the Members of ISLAMIC CULTURE AND
EDUCATION CENTRE BATTERSEA (continued)
Year ended 31 March 2024
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may
not have detected some material misslatemenls in the financial stalemenls, even
though we have properly planned and performed our audit in accordance with auditing
standards. For example, the further removed non-compliance with laws and
regulations lirregularities} is from the events and transactions reflected in the financial
stalemenls, the less likely the inherently limited procedures required by auditing
standards would identify it. In addition, as with any audit, there remained a higher risk
of non-delection of irregularities, as these may involve collusion, foryery, intentional
omissions, misrepresentations, or the override of internal controls. We are not
responsible for preventing non-complian￿ and cannot be expected to delecl non-
compliance with all laws and regulations.
As part of an audit in accordance with ISAS IUKI, we exercise professional judgment and maintain
professional sceplicism throughout the audit. We also..
Identify and assess the risks of material misstatement of the financial slatemenls, whether due
to fraud or error, design and perform audit procedures responsive lo those risks, and obtain
audit evidence that is sufficient and appropriate lo provide a basis for our opinion. The risk of
not detecting a material misslalement resulting from fraud is higher than for one resulting from
8rror, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the
override of intemal control.
Obtain an understsnding of internal control relevant to the audit in order to design avdil
prO￿dureS that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of
accounting estimates and related disclosures made by the Iruslees.
Conclude on the appropriateness of the Iruslees, use of the going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainly exists related to
events or conditions that may cast significant doubt on the charity's ability to continue as a going
concern. If we conclude that a material uncertainly exists, we are required lo draw attention in
our auditor's report to the related disclosures in the financial statements or, if such disclosures
are inadequate, to modify our opinion. Our conclusions are based on the audit evidence
obtained up lo the dale of our auditor's report. However, future events or conditions may cause
the charity to cease lo continue as a going COn￿rn.
Evaluate the overall presentation, structure and content of the financial stalemenls, including
the disclosures, and whether the financial statements represent the underlying transactions and
events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned
scope and timing of the audit and significant audit findings, including any significant deficiencies in
internal control that we identify during our audit.
io-

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Independent Auditor's Report to the Members of ISLAMIC CULTURE AND
EDUCATION CENTRE BATTERSEA (continued)
Year ended 31 March 2024
Use of our report
This report is made solely lo the charity's members, as a body, in accordance with section 144 of the
Charities Act 2011 and regulations made under section 154 of that Act. Our audtt work has been
undertaken so that we might state lo the charity's members those matters we are required lo slate lo
them in an auditor's report and for no other purpose. To the fullest extent permilled by law, we do not
aecepl or assume responsibility lo anyone other than the charity and the charity's members as a body,
for our audit work, for this report, or for the opinions we have formed.
Saleemi Associates
Chartered accounlanls & statutory auditor
792 Wickham Road
Croydon CRO 8EA
Dale-............................
Saleemi Associates is eligible to act as an auditor in terms of section 1212 of the Companies Act
2006.
li-

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Statement of Financial Position
31 March 2024
2024
Total
funds
2023
Unrcstrictcd
funds
Rcstrictcd
funds
Total funds
Note
Income and endowments
Donations and legacies
Other trading activities
Total Income
180,932
33.713
214,645
3.060
183,992
33,713
217,706
202,992
39,140
242.132
3.060
Expenditure
Expenditure on Charitable
activities
201,850
8,838
210.688
163,713
Totsl expenditure
201,850
8,838
210,688
163,713
Net income and net movement in funds
12,796
15,778)
7,018
78,419
Reconciliation of funds
Total funds brought forward
2.187,491
6.268
2,193,759
2.115,340
Total funds carried forward
2,200,287
490
2.200,777
2,193,759
The Statement of Financial Activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
-12-

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Statement of Financial Position
31 March 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
11
1,991.363
1.969,622
Current assets
Cash at bank and in hand
211,765
268,489
Creditors: amounts falling due within one year
12
44,352
Net current assets
209,413
224,137
Totsl assets less current liabilities
2,200,777
2,193,759
Net assets
2,200,777
2.193,759
Funds of the charity
Restricted funds
Unrestricted funds
490
2,200,287
6,268
2.187,491
Total charity funds
14
2,200.777
2.193,759
These financial statements were approved by the members of the committee and authorised
for issue on the
and are signed on their behalf by..
M A Choudry
Chairman (Trustee)
Dr M Akhteruzzaman
Treasurer (Trusteel
-13-

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Statements of Cash Flows
Year ended 31 March 2024
2024
2023
Cash flows from operating activilies
Net income
7,018
78,419
Adjustment for..
Depreciation of tangible fixed assets
Government grant income
Accrued(incomeyexpenses
1,235
1,453
{11,855)
Changes in..
Trade and other creditors
42,000
Cash generated from operations
33.747
68,017
Net cash (used inll from operating activities
68,017
Cash flows from investing activities
purchase of tangible assets
{22,9771
142,3981
Net cash used in investing activities
22,977
42,398
Cash flows from financing actlvltles
Government grant income
11,855
Net cash from financing activities
11,855
Net{decrease)lincrease in cash and cash equivalent
Cash and cash equivalents at beginning of year
{56,7241
268,489
37,474
231,015
Cash and cash equivalents at end of year
211.765
268,489
The notes on pages 15 10 24 fomi part of Ihese financial slalements.
-14-

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Notes to the Financial Statements
Year ended 31 March 2024
General information
The charity is a public benefit entity and a registered charity in England and
Wales and is unincorporated. The address of the principal office is 73-75 Falcon
Road, Battersea, London, SW112PF.
2. Statement of compliance
These financial statements have been prepared in Complian￿ with FRS 102,
'The Financial Reporting Standard applicable in the UK and the Republic of
Ireland., the Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102} (Charities SORP (FRS
102)) and the Charities Act 2011.
3. Accounting Policies
Basis of preparation
The financial statements have been prepared on the historical cosl basis, as
modified by the revaluation of certain financial assets and liabilities and
investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency
of the entity-
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further
any of the charily's purposes.
Designated funds are unrestricted funds earmarked by the trustees for a
particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by
the donor or through the terms of an appeal and fall into one of two subwclasses:
restricted incorne funds or endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when
entitlement has passed to the charity,. it is probable that the economic benefits
associated with the transaction will flow to the charity and the amount can be
reliably measured. The following specific policies are applied to particular
categories of income..
-15-

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Notes to the Financial StatementS{contlnuedl
Year ended 31 March 2024
3. Accounting policies Icontinuedl
Incoming resources Icontinuedl
income from donations or granls is recognised when there is evidence of
entitlement to the gift, receipt is probable. and its amount can be measured
reliably.
legacy income is recognised when receipt is probable. and entitlement is
established.
income from donated goods is measured at the fair value of the goods unless
this is impractical to measure reliably, in which case the value is derived from
the cost to the donor or the estimated resale value. Donated facilities and
services are recognised in the accounts when received if the value can be
reliably measured. No amounts are included for the contribution of general
volunteers.
income from contracts for the supply of services is recognised with the delivery
of the contracted service. This is classified as unrestricted funds unless there
is a contractual requirement for it to be spent on a particular purpose and
returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred.
Expenditure includes any VAT which cannot be fully recovered, and is classified
under headings of the statement of financial activities to which it relates:
expenditure on raising funds includes the costs of all fundraising activities,
events, non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in
undertaking activities that further its charitable aims for the benefit of its
beneficiaries, including those support costs and costs relating to the
governance of the charity, apportioned to charitable activities.
other expenditure includes all expenditure that is neilher related to raising funds
for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the
resource. Direct costs attributable to a single activity are allocated directly to that
activity. Shared costs are apportioned between the activities they contribute to on
a reasonable, justifiable and consistent basis.
Tangible assets
All fixed assets are initially recorded at cost.
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ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Notes to the Financial StatementS{contlnuedl
Year ended 31 March 2024
3. Accounting policies Icontinuedl
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less
its residual value, over the useful economic life of that asset as follows..
Equipment
Fixtures & Fittings
15.250/0 reducing balance
15-25 % reducing balance
The freehold properties are maintained in a good state of repair with regular
maintenance and refurbishment carried out when required. The difference
between the residual value and the book value is not considered to be material,
therefore no depreciation is provided.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with
the recoverable amount being estimated where such indicators exist. Where the
carrying value exceeds the recoverable amount, the asset is impaired
accordingly. Prior impairments are also reviewed for possible reversal at each
reporting date.
For the purposes of impairment testing, when it is not possible to estimate the
recoverable amount of an individual asset, an estimate is made of the
recoverable amount of the cash-generating unit to which the asset belongs. The
cash-generating unit is the smallest identifiable group of assets that includes the
asset and generates cash inflows that are largely independent of the cash
inflows from other assets or groups of assets.
For impainment testing of goodwill, the goodwill acquired in a business
combination is, from the acquisition date, allocated to each of the cash-
generating units that are expected to benefit from the synergies of the
combination, irrespective of whether other assets or liabilities of the charity are
assigned to those units.
Government grants
Govemment grants are recognised at the fair value of the asset received or
receivable. Grants are not recognised until there is reasonable assurance that
the charity will comply with the conditions attached to them and the grants will be
received.
Where the grant does not impose specified future perfomiance-related conditions
on the recipient, it is recognised in income when the grant proceeds are received
-17-

ISLAMIC CULTURE AND EDUCATION CENTRE BArrERSEA
Notes to the Financial StatementS{contlnuedl
Year ended 31 March 2024
3. Accounting policies (continued)
Government grants Icontinuod>
or re￿1Vable. Where the grant does impose specified future perfomiance-related
conditions on the recipient, it is recognised in income only when the
performance-related conditions have been met. Where grants received are prior
to satisfying the revenue recognition criteria, they are recognised as a liability.
Financial instruments
A financial asset or a financial liability is recognised only when the charity
becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or
payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or
other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amorlised cost.
Where investments in shares are publicly traded or their fair value can otherwise
be measured reliably, the investment is subsequently measured at fair value with
changes in fair value recognised in income and expenditure. All other such
investments are subsequently measured at cost-less impairment.
Other financial instruments, including derivatives, are initially recognised at fair
value unless payment for an asset is deferred beyond normal business terms or
financed at a rate of interest that is not a market rate, in which case the asset is
measured at the present value of the future payments discounted at a market
rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any
changes recognised in the statement of financial activities, with the exception of
hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for
objective evidence of impairment at the end of each reporting date. If there is
objective evidence of impairment, an impairment loss is recognised under the
appropriate heading in the statement of financial activities in which the initial gain
was recognised.
For all equity instruments regardless of significance, and other financial assets
that are individually significanl, these are assessed individually for impaiment.
Other financial assets are either assessed individually or grouped on the basis of
similar credit risk characteristics.
-18-

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Notes to the Financial StatementS(contlnuedl
Year ended 31 March 2024
3. Accounting policies (continued)
Financial instrumentslcontinued)
Any reversals of impairment are recognised immediately. to the extent that the
reversal does not result in a carrying amount of the financial asset that exceeds
what the carrying amount would have been had the impairment not previously
been recognised.
4. Donations and legacies
4. Donations and legacies
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Donations
Donation & collection
Donation & collection-provision for lftaar
Donation & collection-Building project
Donation & collection-Funeral Fund
Donation & collection-Food bank
123,355
5,053
123.355
5.053
3,060
3.060
Grants
Grants receivable- Wimbledon foundation
Government grant income-mosque activities
Government grant income-youlh group activities
Subscriptions
Contribution, fees & subscription - Mosque activities
Contribution, fees & subscription -youth group
a¢tivities
31.515
31.515
21,010
21.010
180,932
3,060
183,992
-19-

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Notes to the Financial StatementS(contlnuedl
Year ended 31 March 2024
Unrestricted
Funds
Restricted
Funds
Total Funds
2023
Donations
Donation & collection
Donation & colleclion-provision for1ft88r
Donation & ¢ollection-Building project
Donation & collection-Funeral Fund
Donation & collection-Food bank
110,902
2,167
110,902
2,167
815
815
Grants
Grants receivable- Wimbledon foundation
Government grant income-mosque activities
Government grant income-youth group aclivtties
6,355
5,500
6,355
5,500
Subs¢rlptlons
Conlribulion, fees & subscription - Mosque activities
Contribution, fees & subscription -youth group
activities
46,352
46,352
30.901
30.901
190,322
12,670
202,992
5. Other trading activities
Unrestricted
Total
Funds
2024
Unreslricled
Total Funds
Funds
Funds
2023
Calendar, books & food sales-
Youth group activities
Calendar, books & food sales-
Mosque activities
Letting and licensing
564
564
870
870
1,315
31,834
33,713
1,315
31,834
33.713
2,029
36,241
39,140
2,029
36,241
39,140
6. Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Mosque activities
Youth group activities
Support costs
101,857
91.859
8,134
201,850
8,838
110,695
91.859
8.134
210,688
8,838
-20-

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Notes to the Financial StatementS(contlnuedl
Year ended 31 March 2024
Unrestricted
Funds
Restricted
Funds
Total Funds
2023
Mosque activities
Youth group activities
Support costs
80,638
63,872
7,348
151,858
6,355
5,500
86,993
69,372
7,348
163,713
11,855
7. Expenditure on charitable adivities by activity type
Activities
undertaken
Support
costs
Total Funds
Total Funds
direclly
2024
2023
Mosque activities
Youth group activities
110,695
91,859
202,554
4,685
3,449
8,134
115,380
95,308
210,688
91,225
72,488
163,713
8. Net income
Net income is stated afler chargingllcrediting)
2024
2023
Depreciation of tangible fixed assets
1.235
1,453
9. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2024
2023
Wages and salaries
Social Security costs
115.384
3.966
119,350
107,128
2,651
109,779
The average headcounl of employees during the year was 3012023= 24)
No employee received employee benefits of more than £60,000 during the year {2023- Nil)
10. Trustee remuneration and expenses
None of the truslees were renumerated or received any expenses during the year
-21-

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Notes to the Financial StatementS(contlnuedl
Year ended 31 March 2024
11. Tanglble flxed assets
Land and
buildings
FiKture and
fittings
Equipment
Total
Cost
At 1 April 2023
Additions
1,961,386
22,976
55,137
30,126
2.046,649
22,976
At 31 March 2024
1,984,362
55,137
30,126
2,069,625
Dgprociation
At 1 April 2023
Charge for the year
49,464
851
27,563
77,027
1.235
At 31 March 2024
50,315
27,948
78,263
Carrying amount
At 31 March 2024
1,984,362
4,822
2,179
1,991,363
At 31 March 2023
1,961,386
5,673
2,563
1,969,622
12. Creditors: amounts falling due within one year
2024
2023
Accruals and defeTred income
Q8rd-e-hassanah
352
2,000
2.352
352
44,000
44,352
13. Government grants
The amounts recognised in the financial statements for government grants are as follows..
2024
2023
Recognised in income from donations and legacies..
Government grants income
11,855
-22-

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Notes to the Financial StatementS(contlnuedl
Year ended 31 March 2024
14. Analysls of charltable funds
unrestricted funds
Al
01 April
2023
At
31 March
2024
income
expenditure
General funds
2,187,491
214,645
1201,8501
2,200,287
Al
01 April
2022
At
31 March
2023
income
expenditure
General funds
2,109,887
229,462
1151,8581
2,187,491
Restricted funds
Al
01 April
2023
At
31 March
2024
income
expenditure
Restricted Fund
6,268
3,060
8,838
490
Al
01 April
2022
At
31 March
2023
income
expenditure
Restricted Fund
5,453
12,670
11,855
6,268
-23-

ISLAMIC CULTURE AND EDUCATION CENTRE BAThERSEA
Notes to the Financial StatementS{contlnuedl
Year ended 31 March 2024
15. Analysis of net assets between funds
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
1,991,363
211,275
12,352)
2,200,286
1,991,363
211,765
12,3521
2,200,777
490
490
Unrestricted
Funds
Restricted
Funds
Totsl Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
1,969,622
262,221
{44,3521
2,187,491
1,969,622
268,489
144,3521
2,193,759
6,268
6,268
16. Analysis of changes in net debt
At
01 April
2023
At
31 March
2024
Cash
flows
Cash al bank and in hand
268,489
56,723
211,765
-24-

ISLAMIC CULTURE AND EDUCATION CENTRE BATTERSEA
Management Infonnation
Year ended 31 March 2024
The followlng pages do not fomi part of the flnanclal statements.
-25-