**Charity registration number 285630 (England and Wales)**
## **WEMBLEY CENTRAL MASJID**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2025**
## **WEMBLEY CENTRAL MASJID**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Mr Mehboob Bhamani Mr Mohamed Tofique M S Sanjania Mr Sheik Basheer Sheik Jaffer Mr Iqbal Mahmood Mr Abdul Rehman Malik Mr Mohammedarif Habiburrehman Shaikh Mr Hafiz Mohammad Haroon Akhtar Mr Mohamed Talha Meman Mr Waseem Muhammed Mr Shiraz Ismail Mr Awais Maqbool **Charity number** 285630 **Principal address** 35-37 Ealing Road Wembley Middlesex United Kingdom HA0 4AE **Independent examiner** Reddy Siddiqui LLP 183-189 The Vale Acton London United Kingdom W3 7RW
## **WEMBLEY CENTRAL MASJID**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the financial statements|8 - 15|
## **WEMBLEY CENTRAL MASJID**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: 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)” (as amended for accounting periods commencing from 1 January 2016)
## **Objectives and activities**
Charity trustees in the UK are required to report on public benefit in their annual reports, following guidance from the Charity Commission. This report summarises WCM’s aims and objectives, reviews activities and achievements during the year, and sets out key plans for the current financial year. WCM’s programmes continued to support a wide range of organisations and individuals across London and the UK. The Management Committee has carefully considered these responsibilities and reached the following conclusions:
- **Charitable purpose:** WCM’s aims and objectives remain wholly charitable. The charity is committed to serving the community through education, support services and initiatives that promote public benefit, inclusivity and social welfare.
- **Public benefit:** WCM’s activities deliver direct benefits by supporting other charities and providing services, and deliver indirect benefits by strengthening community ties and resources.
- **Inclusivity:** WCM ensures its services are accessible without unreasonable restrictions, reflecting its commitment to inclusivity so that people from diverse backgrounds can benefit equally.
- **Educational services:** The Madrasah continues to provide high-quality Islamic education, now including:
- Quranic instruction for adults;
- Weekend Quranic classes for children aged 5–11;
- Hifz (Quran memorisation) classes for children;
- An expanded programme of educational offerings.
- **Funeral services:** WCM’s introduction of free funeral care is designed to relieve both emotional and financial burdens for families. This service ensures that all members of the community, regardless of means, can provide a dignified farewell for their loved ones. The initiative fosters solidarity, emotional support and community cohesion, and reflects WCM’s ongoing commitment to compassionate service.
The trustees confirm that WCM’s aims and activities do not cause detriment or harm. The charity operates with transparency and accountability, ensuring its initiatives align with the mission to deliver positive outcomes for the community.
WCM remains committed to delivering essential services and meaningful support, maintaining high standards of governance and maximising public benefit. The charity continually seeks to meet community needs with integrity, efficiency and impact.
## **Aims and Objectives:**
The Masjid exists to serve Muslims living in the London Borough of Brent and surrounding areas (the “Community”) with the following objectives:
- To promote Islam in accordance with the Qur’an and Sunnah, with belief in the finality of the Prophet Muhammad’s (peace be upon him) prophethood.
- To provide Islamic education and instruction to the Community.
- To alleviate poverty through appropriate charitable initiatives.
- To provide religious services, including facilities for five daily prayers, Friday prayers, Eid prayers and other important Islamic observances, and to organise Qur’anic, Arabic and Urdu classes.
- To provide dignified, comprehensive and free of charge funeral care.
- To promote social welfare and community development by offering facilities for recreation, leisure and engagement to improve quality of life in the Community.
- 1 -
## **WEMBLEY CENTRAL MASJID**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Our Values:**
- Fostering God Consciousness: Cultivating a deep connection with Allah (SWT) through the study of the Qur'an and the teachings and actions of the Messenger (peace and blessings be upon him).
- Enhancing the Quality of Salah: Striving to perfect our Salah as a means to draw from the infinite treasures and mercy of Allah (SWT).
- Pursuing Knowledge and Excellence in Action: Acquiring knowledge, practicing it sincerely, and continuously improving our actions while nurturing a profound awareness of Allah (SWT).
- Strengthening the Spirit of Unity: Promoting the concept of one unified "Ummah" by helping, supporting, and working together to encourage righteousness and seek the pleasure of Allah (SWT).
- Spreading Peace and Harmony: Actively propagating and embodying the message of peace, harmony, and goodwill for all members of society.
- Adhering to the Rule of Law: Upholding the laws of the land and ensuring that all activities align with the policies and procedures established by the Charity Commission.
- Upholding Integrity and Accountability: Standing firmly against unlawful activities and ensuring compliance with the Code of Conduct of the Wembley Central Masjid (WCM), fostering an environment of trust and integrity.
The trustees have considered Charity Commission guidance when determining appropriate activities for the charity.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.
- 2 -
## **WEMBLEY CENTRAL MASJID**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Achievements and performance Management Committee Working Method**
The Management Committee elected in February 2024 has carried out its duties effectively. The trustees plan activities to address community needs and consistently follow well-documented policies and procedures. The trustees continue to review and improve reserve policies, making sure they align with Charity Commission guidance. They also maintain a thorough process for vetting invited guest speakers and the topics of Friday sermons, keeping detailed records of these checks.
Robust safeguarding policies are in place and enforced to protect worshippers and children using WCM’s premises.
During the year, the Management Committee and volunteers engaged in many activities that positively impacted the local community, including:
- **Humanitarian aid projects:** Personal involvement and oversight in multiple initiatives.
- **Charity fund disbursement:** Implementing clear procedures for transparent and efficient distribution of charity funds.
- **Outside charity collections:** Establishing and enforcing policies to manage external charity (“Chanda”) collections.
- **Ramadan Iftar arrangements:** Organising daily iftar for over 400 people and sehri for over 200 people during the last ten days of Ramadan (2025).
- **Madrasah improvements:** Introducing new classes and continuously improving policies and procedures for professionalism and effectiveness.
- **Event management:** Applying the event management policy to streamline planning and delivery.
- **School and organisation visits:** Hosting visits from local schools, other faith groups and organisations to promote understanding and collaboration.
- **Website enhancements:** Constantly working on upgrading the WCM website to better engage beneficiaries and younger audiences.
- **Social media:** Using platforms to promote Islamic teachings and values based on the Qur’an and Hadith.
- **Educational programmes:** Continuing regular Qur’an Tafseer sessions and launching a new series on the Seerah of the Prophet (peace be upon him).
- **Employment support:** Working with a professional HR company to manage employment matters and contracts.
- **Madrasah facilities:** Upgrading the Madrasah office and related operations.
- **Women and family events:** Organising activities such as Eid fun days, board games sessions and Qur’anic classes.
- **Funeral services upgrade:** To enhance the free funeral care service with the help of volunteers and professionals from local community.
## **Education**
WCM is committed to education, particularly for young children. The Madrasah currently serves about 300 children (capacity 450), offering Islamic education for boys and girls aged 6–11. In addition to weekday provision, WCM runs weekend Qur’anic classes for adults and children. The curriculum aims to provide comprehensive Islamic teaching to all students regardless of race, ethnicity, colour or location. Each December WCM celebrates achievements at the Jalsa (convocation day), and the Madrasah’s new term commences in January.
WCM also runs daily Taleem circles where Hadiths are read and discussed in Arabic, English and Urdu. These sessions explore the lives of the Prophets and their companions, enriching attendees’ spiritual and moral knowledge.
## **School Visits**
WCM regularly welcomes schools, academics and local groups to increase understanding and encourage dialogue. School visits form part of many religious education programmes, giving students direct insight into Islamic practice and the role of the masjid. Visitor feedback has been positive, and WCM remains committed to continuing and expanding these educational outreach activities.
- 3 -
## **WEMBLEY CENTRAL MASJID**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Financial review**
The trustees have assessed the significant risks facing the charity and are satisfied that robust systems are in place to mitigate these risks. Key priorities for the coming year include:
- Establishing WCM as a Charitable Incorporated Organisation (CIO) and transferring assets to a charitable trust to secure the charity’s operations.
- Delivering the Funeral Project, continuing to provide free funeral care with a focus on efficiency and quality.
- Running short-term Islamic courses for adults, youth and teenagers during school holidays to provide focused learning opportunities.
- Improving safety and security arrangements for the Ladies’ Section, ensuring a welcoming and secure environment.
- Enhancing the planning and organisation of Friday sermons to ensure they are well prepared and engaging.
- Fundraising through events and dinners to support upcoming projects and community engagement.
- Preparing for Ramadan 2026 with programmes and services that meet the community’s spiritual needs.
- Organising youth sporting events such as cricket and football tournaments to promote fitness and teamwork.
- Launching projects to reduce social isolation among the elderly and improve their wellbeing.
- Continuing the free GP service (during summer) every Monday evening, providing healthcare support and referrals without financial barriers, especially for vulnerable groups.
## **Structure, governance and management**
The trustees who served during the year and up to the date of signature of the financial statements were:
Mr Mehboob Bhamani Mr Mohamed Tofique M S Sanjania Mr Sheik Basheer Sheik Jaffer Mr Iqbal Mahmood Mr Abdul Rehman Malik Mr Mohammedarif Habiburrehman Shaikh Mr Hafiz Mohammad Haroon Akhtar Mr Mohamed Talha Meman Mr Waseem Muhammed Mr Shiraz Ismail Mr Awais Maqbool
The trustees' report was approved by the Board of Trustees.
## **Mr Waseem Muhammed**
Trustee Dated: 29 December 2025
- 4 -
## **WEMBLEY CENTRAL MASJID**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF WEMBLEY CENTRAL MASJID**
I report to the trustees on my examination of the financial statements of WEMBLEY CENTRAL MASJID (the Charity) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
## **Independent examiner's statement**
Since the Charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the Charity as required by section 130 of the Charities Act 2011. 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across 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 financial statements to be reached.
## **Reddy Siddiqui LLP**
183-189 The Vale Acton London W3 7RW United Kingdom 29 December 2025
- 5 -
## **WEMBLEY CENTRAL MASJID**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
328,983
33,336
Charitable activities
**4**
14,400
-
**Total income**
343,383
33,336
**Expenditure on:**
Charitable activities
**5**
368,096
43,775
**Total expenditure**
368,096
43,775
**Net income/(expenditure) and**
**movement in funds**
(24,713)
(10,439)
**Reconciliation of funds:**
Fund balances at 1 April 2024
1,694,786
423,440
**Fund balances at 31 March**
**2025**
1,670,073
413,001|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
362,319
344,019
25,549
14,400
14,200
-
376,719
358,219
25,549
411,871
332,289
41,750
411,871
332,289
41,750
(35,152)
25,930
(16,201)
2,118,226
1,668,856
439,641
2,083,074
1,694,786
423,440|**Total**
**2024**
**£**
369,568
14,200|
|---|---|---|
|||383,768
374,039|
|||374,039|
|||9,729
2,108,497|
|||2,118,226|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 6 -
## **WEMBLEY CENTRAL MASJID**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2025**_
|**Notes**
**Fixed assets**
Tangible assets
**11**
**Current assets**
Debtors
**12**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**13**
**Net current assets**
**Total assets less current liabilities**
**The funds of the Charity**
Restricted income funds
**15**
Unrestricted funds
**16**|**2025**
**£**
**£**
2,061,445
4,002
34,386
38,388
(16,759)
21,629
2,083,074
413,001
1,670,073
2,083,074|**2024**
**£**
**£**
2,097,968
2,488
43,327
45,815
(25,557)
20,258
2,118,226
423,440
1,694,786
2,118,226|**2024**
**£**
**£**
2,097,968
2,488
43,327
45,815
(25,557)
20,258
2,118,226
423,440
1,694,786
2,118,226|
|---|---|---|---|
||||2,118,226|
||||423,440
1,694,786|
||||2,118,226|
The financial statements were approved by the trustees on 29 December 2025
Mr Mehboob Bhamani **Trustee**
Mr Waseem Muhammed **Trustee**
- 7 -
## **WEMBLEY CENTRAL MASJID**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
## **Charity information**
WEMBLEY CENTRAL MASJID is an unincorporated association.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the Charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: 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)". The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.
## **1.4 Incoming resources**
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 8 -
## **WEMBLEY CENTRAL MASJID**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
## **(Continued)**
## **1.5 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Land and buildings Building is depreciated at 2% per annum. Freehold land is not depreciated Fixtures, fittings & equipment 10% Straight Line IT Equipments 20% Straight Line Motor vehicles 25% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.6 Impairment of fixed assets**
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.7 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.8 Financial instruments**
The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
- 9 -
## **WEMBLEY CENTRAL MASJID**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
**(Continued)**
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.
## **1.9 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **2 Critical accounting estimates and judgements**
In the application of the Charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Income from donations and legacies**
||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|---|---|---|
||**funds**|**funds**||**funds**|**funds**||
||**2025**|**2025**|**2025**|**2024**|**2024**|**2024**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Donations and gifts|328,983|33,336|362,319|344,019|25,549|369,568|
- 10 -
## **WEMBLEY CENTRAL MASJID**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **4 Income from charitable activities**
|**Charitable activities**
Charitable rental income
**5**
**Charitable activities**
**Analysis by fund**
Unrestricted funds
Restricted funds
**For the year ended 31 March 2024**
Unrestricted funds
Restricted funds|347,647
43,775
391,422
325,035
41,750
366,785|**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
14,400
14,200
20,449
368,096
-
43,775
20,449
411,871
7,254
332,289
-
41,750
7,254
374,039|**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
14,400
14,200
20,449
368,096
-
43,775
20,449
411,871
7,254
332,289
-
41,750
7,254
374,039|
|---|---|---|---|
||||332,289
41,750|
||||374,039|
## **6 Governance costs**
|Accountancy
Analysed between
Charitable activities|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
-
780
-
780
-
780|**2025**
**£**
780
780
780|**2024 Basis of allocation**
**£**
780 Governance
780
780|
|---|---|---|---|
Governance costs includes payments to the accountant of £650+vat (2023: £650+vat)
|**7**|**Net movement in funds**|**2025**|**2024**|
|---|---|---|---|
|||**£**|**£**|
||The net movement in funds is stated after charging/(crediting):|||
||Fees payable for the independent examination of the charity's financial|||
||statements|780|780|
||Depreciation of owned tangible fixed assets|39,191|40,683|
- 11 -
## **WEMBLEY CENTRAL MASJID**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **8 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
## **Number of employees**
The average monthly number of employees during the year was:
|**Number of employees**
The average monthly number of employees during the year was:|||
|---|---|---|
|Employees
**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2025**
**Number**
16
**2025**
**£**
148,966
829
2,061
151,856|**2024**
**Number**
15|
|||**2024**
**£**
142,625
177
1,150|
|||143,952|
- 12 -
**NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **WEMBLEY CENTRAL MASJID**
## **10 Taxation**
As a charity, Wembley Central Masjid is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.
## **11 Tangible fixed assets**
|**Cost**
At 1 April 2024
At 31 March 2025
**Depreciation and impairment**
At 1 April 2024
Depreciation charged in the year
At 31 March 2025
**Carrying amount**
At 31 March 2025
At 31 March 2024|**Land and**
**buildings**
**£**
2,404,626
2,404,626
354,896
31,199
386,095
2,018,531
2,049,730|**Fixtures,**
**fittings &**
**equipment**
**IT Equipments**
**£**
**£**
116,073
11,286
116,073
11,286
97,136
6,018
1,944
708
99,080
6,726
16,993
4,560
18,937
2,599|**Motor**
**vehicles**
**£**
34,512
34,512
7,811
5,340
13,151
21,361
26,702|**Total**
**£**
2,566,497|
|---|---|---|---|---|
|||||2,566,497|
|||||465,861
39,191|
|||||505,052|
|||||2,061,445|
|||||2,097,968|
The property was purchases on 15 April 1994.
## **12 Debtors**
|**Amounts falling due within one year:**
Trade debtors
**Creditors: amounts falling due within one year**
Other taxation and social security
Other creditors
Accruals and deferred income|**2025**
**£**
4,002
**2025**
**£**
2,447
12,752
1,560
16,759|**2024**
**£**
2,488|
|---|---|---|
|||**2024**
**£**
948
23,049
1,560|
|||25,557|
## **13 Creditors: amounts falling due within one year**
- 13 -
## **WEMBLEY CENTRAL MASJID**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**14**|**Retirement benefit schemes**|||
|---|---|---|---|
|||**2025**|**2024**|
||**Defined contribution schemes**|**£**|**£**|
||Charge to profit or loss in respect of defined contribution schemes|2,061|1,150|
The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charity in an independently administered fund.
## **15 Restricted funds**
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
|Zakat & Fitrana
**Previous year:**
Zakat & Fitrana|**At 1 April**
**2024**
**Incoming**
**resources**
**Resources**
**expended**
**At 31 March**
**2025**
**£**
**£**
**£**
**£**
356,141
33,336
(43,775)
345,702
67,299
-
-
67,299
423,440
33,336
(43,775)
413,001
**At 1 April**
**2023**
**Incoming**
**resources**
**Resources**
**expended**
**At 31 March**
**2024**
**£**
**£**
**£**
**£**
439,641
25,549
(41,750)
423,440|
|---|---|
## **16 Unrestricted funds**
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
|General funds
**Previous year:**
General funds|**At 1 April**
**2024**
**Incoming**
**resources**
**Resources**
**expended**
**At 31 March**
**2025**
**£**
**£**
**£**
**£**
1,694,786
343,383
(368,096)
1,670,073
**At 1 April**
**2023**
**Incoming**
**resources**
**Resources**
**expended**
**At 31 March**
**2024**
**£**
**£**
**£**
**£**
1,668,856
358,219
(332,289)
1,694,786|
|---|---|
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## **WEMBLEY CENTRAL MASJID**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **17 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**At 31 March 2025:**
Tangible assets
1,656,239
405,206
Current assets/(liabilities)
13,834
7,795
1,670,073
413,001
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 31 March 2024:**
Tangible assets
1,680,458
417,510
Current assets/(liabilities)
14,328
5,930
1,694,786
423,440|**Total**
**2025**
**£**
2,061,445
21,629|
|---|---|
||2,083,074|
||**Total**
**2024**
**£**
2,097,968
20,258|
||2,118,226|
## **18 Related party transactions**
There were no disclosable related party transactions during the year (2024 - none).
- 15 -