4,Jofflffle Mosjid Reoding lamme Masjfid Reading Report and Accounts 30 September 2024
lamme Masjid Reading Trustees. Report I begSn with the name of Allah the most merdful and compassionate and peace and ble5sin8 be upon the best of treation and final messenger Sayedna Mohammed SAW. Bellef of the Trust The fundamental belief of the Trust is LA ILAHA ILLALLAAH MUHAMMADUR RASULALLAH that there ts no God but one God. ALLAH and Muhammed (peace be upon him) Is His Prophet. The Trust's main objective is to advan Islam and in partlcular the Sunni Muslim falth. Sadaqatnakat The Trust has an open and transparent policy regarding distribution of Sadèqavzakat monies donated by communltv. Deen School larnme Maslld Trust contlnues to prode Deen School actlvrties using the Masjid premises which are very popular and consldered an e5sentSal servl¢e for the communlty. Interfalth Jamme Masjid Readlng plays an acuve role In Interfaith aCtitIeS and attends function5 organised externally and holds events In the Masjid. Funer•l Servlces Alhamdulillah, the M35lld runs a complete funeral SeceS for all Muslims IMn8 In the Borou8h and its, surroundln8s. It fulfi15 an essential need for the local Muslims community. The Trust Is Immensely proud and grateful to our volunteers for thelr selfless dedlcatlon In the hour of need for their community. Malntenance The Trust continues it's program to progressively improve the malntenance of the Masjld premlses to meet the needs. Rlsk Management There are established procedures for risk management which are reeWed periodicalty. Trustees meetings are held to monltor the progress of policies of management accounts. Risks are covered by Insurance with regards to Fire, Health & Safety, Buildlnl Equipment and Public Liability. CCTV is operational to safeRuard the buildinAs and public. Board of Trusteès rhe board of trustees are as follows.. M¢hammed Arif Abdul Salam Rajput Shakeel Khan Fasll Mushtaq The Trust would like to thank all volunteers and Trustees who have contributed so much to the the continued SucsS of the Jamme Masjid and the development of Ai5ha Masjid & Islamic Centre. The outstandin8 balance for Qard-e-Hassanah was £168,000 as at 30th September 2024. All those volunteers and Trustees that are no longer with us. we continue to remember them in our prayers. May Allah SAW continue to shower His Mercy and Compassion on our cornmunity and the wider Ummah and make our Masaajid the means of revtwng the deen and bringing people doser to the deen.
lamme Masjfid Reading Trustees, Report Resèrve Pollcv The trustees airn is to rnaintain reserves in unrestricted fvnds at 3 lèvèl whith they consider will provide sufficSent funds to meet application for donations, to cover support and govemance costs and to ensure that the charity has enough re50urce5 to fund Pfogrammes it is supporting. The restricted funds held by the charity are use(1 for specifi¢ purposes and are kept for as long as it is necessary to organise the use of funds for such purposes. Structure, Governance and Management The trust is an unincorporated tTUSt and is a reBiStered tharity. nLtmbef 276994. The tharity trustees are selected to serve for five years after which period they rnay put themselves forward for a further term of 5 years. The constltutlon prOdeS for three Holding Trustees and 4 Charity Trustees. At tht trustee5' meetin& the trustees agree the strategy and areas of activlty for the TrusL includSng consideratSon of donation makin& reserves and risk mana8ement policies and performan. Statement of Trustees, Responslbllftles The Charity Act 2006 iequlres the Trustets to Prepare flnandal statements for each financial year whlch glve a true and falr view of the state of affalrs of the charity and of the surplus or deflclts of the charity fof that year. In preparlng these the Trustees are requlred to - select suitablè a¢¢ountin8 pollcle5 and then apply them ConstentIV,. make judgements and estimates that are reasonable and prudertt,. and prepare the accounts on the golng concern basfis unless ft Is Inapproprlate to presume thal the charlty wlll not contlnue to exlst. The Trustees are responslble for maintaining proper accountlng records which di5c105e with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the accounts comply wlth the Charlty Ad 2006. They are also responsible for safeguarding the assets of the charlty and for taking reasonable steps for the prevention and detectlon of fraud and other Irre8ularities. CharSty Status The Trust Is a gIstered tharity under tharities Act 26. Fasll Mushtsq Trustee
IAMME MASIID READING STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2024 Note Totsl nds Totsl funds 2023 funds 2024 Incomlng Resources Incornlng sOUrteS from generated funds- Donation5- General 566,145 566,145 97.819 447,262 44.074 - Speciftc 97019 Incorne charitable artivf(les: Deen school fee 155,676 11,7LYJ 155.676 120,901 7.400 Funeral donatSons 11,7 Totsl Incomln8 Res¢)ufce5 733.521 97,819 831340 619,637 ftèsources Expended Ct of 8eneratlng funds.. Donations- SpecSfic Fundralslns costs 103.872 103,872 6.748 33,784 325 6.748 Charitable artiwtles Deen school costs 121,841 121,841 107,639 Funeral costs 7?36 7,936 4,364 Gtsvernance costs 368,763 368,763 483,341 Total Regources Expended 505387 103J72 609.160 629A53 Nei In<omIn(0t1Q1nl resour 228,234 16,0531 222,180 19,8161 RÈ¢onclllatlon of Funds Total Funds 8rought Forward li 2.912.479 14,128 2,926,607 2,936,423 Total Funds Carrled Forward 3,140,713 8.075 3,148.787 2,926,607
IAMME MASIID READING BAJANCE SHEET ASAT 30 SEPTEMBER2024 pte Fund5 Funds Total Funds 2024 Total Funds 2023 Flxed Assets: Tangible 355ets 2.615.520 2.615.520 2,470,186 Total Flxed A55ets 2,615.520 2,615,520 2.470,186 Current Assets.. Debtors Cash at bank and in hand 6,652 718,015 6,652 726,090 6.179 644.029 8.075 Total Current Assets 724.667 8,075 732,742 650,208 Current LIabIl1 Creditors falling due wSthSn one year 1199,4741 1199.4741 1193,7871 Net Current Assets 525,193 8,075 533,268 456,421 Net A$5ets 3,140.713 8.075 3,148,788 2.926,607 Thefunds of the charlty Unrestricted Income fund Restrlcted Income Fund Ila Ilb 3.140,713 3,140,713 8,075 2.912.479 14,128 8,07S Total Charlty Funds 3.140.713 8,075 3.148.788 2,926,607 F•sll Musht•q Trustee Shakeèl Khan Trustee The notes on pages 6 to 8 forni part of these accounts
Jamme Maslld Reading Notes to the actounts forthe year ended 30 September 2024 I (al Basis of preparatfjon The occounts have been wepared uThJerthe hfjsthrkal cost Con%n. Ibl Funds strucwre Restritted funds a fvnds whKh are used in xeowd&rKe with restriai$ imp)sed bythÈ dothorortrust deed. The $8daoaL and Zakat funds are suth restrKred fvDds. UnrestrKted funds a those fvndswhich thetrustee$3re Ireeto usefww wrp)sÈs in fvrthernaceof the tharltsblÈ obpLts. Icl Incoming resources All Intomlng rewurce5 areYeea8nls¢d Inthe finwal stthmentsoncethe th•rity hosentement to resaurees. Idl Resourcesexpnded l eKpendhure is accounted lor on an ac£rual basls and dassified underthe appropriate headin8s. Liabllltles afe retO8nlsed as re50urce5 expended assoortasth¢re15 a le6al orcoThstruct 018th commlttln8 charityto the eXpendur. lel lOCatIon olo¥erhead and suppM costs Overhead and support costs have been allocated between thorit3b1eactmV•ndS+wh&rtc¢(0st% The allot•tlon of erhead and Sup costs are anawd ift note5 bebw. In Taxatk)n Irrecover•ble VAT Is not separely ènalysed •nd Is ch•r8¢d tothe thternent of act¢$ when the expendlture towhkh tt relales Is locurld and Is alkncated •s prt ofthe expendlture towh it relates. Tax recoverable from lUntary Incorne rede¥ed under 8fft ahj Is r06N15¢d when th• related Inome15 recew and Is•lkx8tedto bn¢om¢uielwhth the Ir¢oJme rd•tes. 2 Depreciaiion Depretlatlort has b•n pded at the fdknin8 rètssln orthrto wrtte4)ff the assetsobr thelr estlrnated usefvl li¥es. Plant and m•chln¢ry Motorvehlele 2CVA redudD8 bate method 2 reduclth8 m¢t 3 D¢h•tlon5 &Colleaknns 2024 I3 Incomlng resour$ Irorn 8•Mrated lunds: D¢n•tbn5- Unrestrlrted.. Genernl . Restrirted.. Speclfic. sa&q•tt S66,145 97,819 447,262 44,074 491.396 Income Irom Charitab attwitles.. Unrestrlrted.. Deen #hool fee Unrestritted.. Fun¢r•l Irn+ 155,676 11,7CI) 167376 120.9)1 128.301 Total 831,340 619.637 The donatlons rÈprÈsentS The8eneral and sFédhc coHecik)n made tythe nK1mber5a1the general publkgs an Indlcation oftheir SUPPDrt forthe work orrfed b¥theTruA. 4 Allo¢atl•n of $wyport and overt The breakdown ofsupport costs and how ¥pare alkxJted beNwn rnae and(haritablekbTr&it*5 ts shown in ihetsble be&)w. 5 C05t of gpJeratlry lunds: Donation5'. Sèda(ot8ThJ tststtdleltKl5 103.872 33.784 Total 103.872 33.784
lamme Maslld Readfng Notes to Ihe accoun for the year ended 30 September 2024 6 Ch8rit8blt A¢knYlti¢s 2024 2013 Deen School eosrs.. Funeral costs: Makt3bteathers and exper Funernl Èxpe 121.840 7.936 129,n6 107.639 4.364 I12,)5 Totèl 129,776 112,CQ3 7 Go¥•m•e Costs.. 2024 2023 £MOyee(0sts.' SutlactLYs 73,578 73,578 65.741 65.741 Prem15es c05ts'. W•t¢f r•t¢s qht he•t Cleanln8 Property ewdlture & malJ)ten•nt• 5,893 53,IX7 4.856 206,769 270.9)5 3,217 5,185 283,078 337,785 Gen•rnl admlnlstratlwe expense5: Tekphone and groadnd Depredarl Sundry twses 1.259 1.?41 7.123 10.123 1,162 S8,709 7,293 67,164 L•8•1 Ind yol•sslon•l ¢05ts.' lThsurK• O¢h•r yo110Th1(•s1s 14.242 215 14,457 12,651 12,651 Totsl 368.763 483,341 8 T•n8lble fixed •wets Pl•htnd ilnd and Voll• ffl•¢Nn¢ry b¥lldlrys Tot•1 At l October 23 AddloTrs At30S•pt•mb•r 2024 17mJ 75.629 3.705.755 147.074 3.$5229 3.798.384 147,074 3.945,458 17,t 75,629 Dtpreclatlon At i ottobeT 2023 Charge for the year At 3OSeptemtrr 2Q4 8.296 1.741 10.037 75.629 L244.273 1.328.198 1,741 1.329,939 75.6Z9 1,244,Z73 Net bookvalue At 30 5wemberlOII At 30 Sepiember 2023 1608.556 2,461,482 2.615520 2,470,186 8,704
lamme Masjld Readlng Notes io the accounts forthe year ended 30 Septen)ber2024 9 DebtOFS 2024 2023 Otherdebtor 6,652 6,652 7,194 7.194 10 Credltors: IJ1911I1% dTlIn 2023 Qard-e-Hasna Other credthrs 168,CQD 31,474 199,474 163.L 30,787 193.787 11 Rserv¢s G•11 Sadaqat& Zk•t Totsl At l OttoÈ¢r 2023 Retalned Surplu1defiCrtI At 30 September 2024 2,912.479 228,234 3.14K),713 14,128 6.0531 8.075 2,926.7 222.181 3.148.788 2024 Il• UnrIttÈd.. Genernl Reser¥es 3.140,713 3,140,713 2,912,479 2,912.479 Ilb R¢srrlll.. Sadaqat & Zakat 8.075 8,075 14,128 14,128 Yothl 3,118.788 2,92&607 Ilr Income & exPendurt¥runI 2024 2023 At l Odober 2023 Retsined surplus 2.926,607 222,IKI 2,936.423 19,8161 At 30 September2024 3.148.787 2.92&fm