Charlty reglstralion number 286961 IEngland and Walosl ESHA, ATUL ISLAM ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ESHA. ATUL15LAM LEGAL AND ADMINISTRATIVE INFORMATION Trusto S Hoque MAI A Jalil Charlty number (England and Wal•sl 286981 Audltor AGP ConsutD"ng Great Wesl Road BrenttNa TW8 OGP B•nkfyrs Bardays Bank UK PIC 1 Churchill Place London E14 5HP Lloyds 8ank ￿¢ 25 Gieshaffl Street London EC2V 7HN ESHA. ATUL ISLAM CONTENTS P•9• Twstees. report Statement of trustees, responsibil￿'e8 Independent audrtorfs reptyt Statement of finantial •etwibes Statem¢nt of finanoa* pu5tlion &atement of cash fl¢y•*E 10 Notes lo th& fir￿n￿81 ststements ESHA. ATUL ISLAM TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Tfustees present their annual report and financial statements lor the y•ar or￿ert 31 Mareh 2024. The financial statements IidVE been wepare(l in accoraan¢e Ine accountsng policies sel OLrt in note 1 to the financial 5talemenls and comF4y th the Charity's Constrtution, ttle Chanties Act 2011 and 'A￿UntIng and R81)orbng by Charibes.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance wth the Finanaal Reporty"ng Standard ap￿iCable in the UK and Republic ol Ireland (FRS 1021" leffethve 1 January 20191. Oblecllves and actlTAtI Esha'atul Islam is a Charity govemed by Tts conslilution. Its objectives are to.. 1) Promote and educate on Mu3h'm Faith and wider values. 21 Provide general educatyon81 seryices and promole soual values. 31 Piovide outreath serMees to the w¢der Community on vanous matters and needs to Indude abuse. health. wellwng. mathMOn￿ ana famity. 41 Promote other tharitabk wrF4)8es as may be deemed necessary. publ￿ bonefrt The TnJ*ees have been provided guidanc* 8nd had regard lo this In the opefabons of the organisation per guidance wovided in . Trust F4Jbh'c Benefft.. the Wt￿lC benefft requirement IP811 Esha, Atuf Islam ha$ deltvered al the services as defined in it's objedtves lo the put4K indudino.. Provided a0￿¥Se and sup￿1 lo commLtnty and families in tim￿ of bereav•w and widw sooal neod8. Ddivered we8kJy arKI rnontNy wograms to highlight Islamic value8. if$ teachings and how to integrate into everyday lrfe. . Dets"¥ered natsonal ￿￿lujIuM levd education under Londcrt I￿am￿ Schod. Prwded evening and v￿ekend classe8 lo learn th￿"c. Marriage arKI marriage ¢ounsdling serwtss. . Da*y wayer ser4w to the PU￿1C. wn 365 d8y$ a year. The chwity b8nefrts Immensely from dedicated. eommittedry doEumerns Immeaiatety and sh￿1 ask the Presdent lo call an emergency meets.ng ofthe Exec#Jb"ve Committee to decsde fiJrther ac*on cn this matter. The organisab"M has now apwnted speaalist law firrn and audit firm lo ad￿￿ and offer trwning to Tnjstees *KI the Exewtsve Committee. The Trustees who seFved duFing the year and up lo the date of sgnature of the financial ststements wer8.. S Hoque MAII AJal R8(¥uitmert 8nd app￿tment of tn￿te@S Subtable ¢andid•teJ identified by the tKxr¢ or mtstees ana approwate trwning ￿ Fwovtded recNited. ESHA, ATUL ISLAM TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Org8nis8lion81 strudure Pre81denl & Chaimian. MaLdana Shamsul Ht¥ue ￿ruSteel ce chaii." MosobbiT ￿1 (Trusleel Vice Char Abdul Ail (Tfu**l Secjetary.. Enu$ AJ Assistsni Seuetary.. A2i?Ld Hoq Tfeasurer. Malik Ah. As$istsnt Treasurer.. Abdul Hanan Organisatronal SeLYetsry'. Rofique Uddin Press Seuetary." 8adrul Hoque thoudhury A￿)rn Ai GUlzarA￿￿ kl*hbub Aiom S Uddin A Choudhury K Miah H A Munim B Uddin AhJi R8hrn8n Tht tru*ees' repm was 8pprove(I by the Board of Trustees. S Hoque 30 J¥mU￿¥ 2025 E8HA' ATUL ISLAM STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The Tnjstees are reSpOns￿e for preparing the Trustees. Report and the finan081 ststements In accoidance applicable law and Unrted Kingdom Accountin9 Standards (United ￿"ngdoM Generally Accepted Accountrng Prar*ccl. The law apF4tstrJe to charities in England and Wales requiiÈs the Trustees to prepare finanty￿ stsl¢ments for each finanual year wthich gNe a true and fair wew of the state of affairs of the Chanty and ol the incorning resources and applicat￿ of resour￿8 of the Chèryty for that year. In prepanng these finanual statements, the Trustees are required to.. - select suitable accounting pdiaes and then ap￿Y them consistently., - observe thè mèthods and p￿nci￿e$ in the Charities SORP". - make itsdgements and ests'mates that are reasonable and prudenL - stale whether appIl￿ble accounbng standards have been tollowe(I, suty.ecl lo any maten.al departure5 disdose(I and explained in the finanaal $lalemenls,' and . prepare the financjal statement$ on the gtyng concern basis unless it is inappropriale to presume that the charity 11 conts.nue in operab'on. The Tn￿tee3 are responSi￿e for keepry suffioent a¢￿Unting rerA)rd$ that d16d05e wth reaSOna￿e acojracy at any time the finanal powtion cf the Chanty and ena￿e them lo ensure that the finanual slatements compty wth the ChanDes Acl 2071. the Ghanty (Accounts and Reportsl Regulab"ons 2008 and the provisions of the bust deed. They are also iesponstble for safeguarding the assets of the Charty and hence for tsknng reasonable Steps for the preventiw and deteth.on of fraud and other irregularities. ESHA, ATUL ISLAM INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF ESHA, ATUL ISLAM Oplnlon Vve have auarted the financial stslemenls ol Esha. Alul islam Ilhe 'Charity'l for the ytai ended 31 Marth 2024 vthich comprise the statement of finanaal activities. the staternenl of fiftanual p0S￿on, the statement ol cash Ilows and notes to the financial slalemenls. induding ￿gnificant accounting policies The finanual reporting framework that has ljeen 8ppli•d in thèir prepgratson 18 appfiGabltr law an(J Unneo Kingdom Aeeountrng Sl8ndard$, induding Fin4nrAal Reportjng Standard 102 The Financial Reporting standa￿ applKabl8 in th8 UK and R8publK ol Irglgnd {UINted lQnsdcrfn Genwdly A￿rted A¢couMng Prath"cel. In wr C￿ni¢M, the fin8nrA stat•nents". 9N¢ a true and lair view uf the sme or me cnanty's affairs as at 31 March 2024 and of Its incoming resource5 an¢J ap￿ICal￿}n of resoufces. for the year then ended.. have been property prepared in accordance wrth Unrted KingdLvn Generally Accepted Accounting Piadice., an¢J have been prepared in accordwKe ￿ the ChantiesAct 2011. 8asls for oplnlon conducled our audit in acC￿￿1￿e ￿ Intemalional Standards on Auditing IUKI IISAS IUK)l and appliGqbl•. law. Our r¢apon#iknlits'e$ un(J¢i th0￿ &andaros are Iunher described in the Auditors responsibilities for th8 audit of Ihe financial slalemenls 8edJon of our feport. are Independent of the Charity in 8ccord8nce ￿th the ethical requirements that are relevant to oui audrt of the finantsal statements in the UK. induding the FRC'S Ethical Stsndard, and we have fvhllled our other ￿h•c21 rg.sponsrbilitse4 in a￿ordanCe these requirem¥nt5. t)elleve that the audrt evidence we have obtairied is suffiaenl and appropriate lo provide a ba&s for oui Wr￿1)n. Conclu$lon• relatlng to golng conc8m In audrting the financial Statements, we have conduded that the tnJstees' u$0 of the 9￿￿9 concem basrs of ar￿ntIng in the prepÈrBtion of th• finanetsal statemtrrrts is oppropftate. Based on the work we ha¥¢ perfcwmed, we have not ideniffled any materiab uncertainties relats.ng to event8 or condiknons that. indwidually or collectrvdy, may cast signfficanl doubl on the Charity's aljtlity to ts)nb'nLJ• as a 90ing onceffl l(r a penod of ai least tsvelve morths from ¥*ten the fillan￿￿ statements are authorised for issue. Our respon&￿1th.e$ and the r•spongts'lib"es of the Trustees respect lo g￿n9 rjv￿rn are dewbed th tho rdevant 8ectlon8 olthis report Othw I￿l￿rMatIon The other InfLYmation compnses the irrformab.on induded in the anThL￿ reF¥)rt other the fina￿￿al stst*nents and our aE￿rt0￿$ rewt Ihereon. The Twstees are responsible for the other information contsined wthin the annual rerut. Our OP¥Mon on the fingnoal Jtatements (IoE5 not cover the other Inlomiatton and we do not 8xpress any fomi of a8surarte c4Jnclu&on thereon. Our respOn￿t#'11ty is to yead the other infornab'on and. in dung so. considèr ¥vh¢th& the Ejlher Inforniauon Is malenalty inconsistent with the financial stslemen15 or ¢)ur knth￿e￿ge obtsined in the C￿ ol the audrt. or othemse aopears to be matèrialty misstated. If we idontty Such m8teYtal inGonsisten(ie5 or apparent maten.al misstsiements, we are required lo detemiine vthether this gives nse to a matgri* misstslemenl in the finanoal statèm8nts theMS•￿es. If. ba6ed on the work we have p¢rforme(l. we ¢OftCJude that there is a matena misstatement of Ihis other inf(Thiatth, we art reqwred to report that fad. have notlwng to rw in thig regwd. Matter4 on whleh we arn ff•qulr•d to r•port by •xCtrp￿On have nothing lo report in respect (rf the following matters in relats'on to the Charities (Accwrts and Reports) Regulats"on$ 2008 require$ us to rwrt lo you rf, in our opini¢)n". the information gNefl in the finan￿￿1 stgtwnents is inconsistent in any matorial f¢SF*cI wrth Ll* trusleg0' feport." suffi¢ienl a￿￿n9 records have not been kept.. or the financial ststemonls are not in agreement wth the accounting records". or we have not recwvod all the infonnab'on and explanatr'ons we require lor our audrt. ESHA. ATUL ISLAM INDEPENDENT AUDITOR'S REPORT (CONTINUED TO THE TRUSTEES OF ESHA'ATUL ISLAM Respon¥lbllltl•¥ of Tru#t As ewaineo more ft￿lY in the stslemenl of trustees, responsibilibes. the Trustees are responsible for the prepaiation ol the financial statemen15 and for being satssfied that they gtve a true and fair vi¥w, and for suGh intemal control as the Trustees detern7ine is necessary lo enable the preparatson of finanual sfatements that are free from material mis$tat•ment, ￿ether due to fraud or ¢rrof. In pieparing the finanual stalemenls, the Trustees are responsible for os$e55ing the Chanty's ability lo continue as a going concern, disdosing, as ap￿l￿ble. matters rglaled to going concem and using ihe going concem basis ot accounb.ng unless the Trustees either intend to cease operations, w have no iealisti¢ attemab.ve bul to do so. Audltorfs r••pon8lblllttès lor th• audll gf the fln#nEial staiem•nt8 È have been apw'nled as auditor under sectyon 144 of tr)e chamb.es Act 2011 report in aceordance vrith the Act and rdevarrt regulabons made or hawng effect thereundw. Our obie¢bves arv lo Dbtain rea$¢￿atrIe a$suranc8 abolrt ￿ether the financial slatements as a ￿Ole are Iree from malenal mi38tatemenl whether due lo traud or error, and to Issue an auditorfs r&port tho1 indudos our opinion. ReasOna￿e assurance is a high levd of assurance but is not a guarantee that an a￿di1 conduGted in ¥c￿danCe vthh ISAS IUKI ahvays deted A rnsterial misstat•ment vthen it ¢￿￿ts. MiJstat¢mentS ¢%lii a115E trom trauu or efrw and are eonsidwed material if. indiwdually or In the aggregate, Ihey eould reaSona￿Y be expe¢ted lo ￿flUenCe the e¢XV￿YnI¢ dKi8tMs of users taken on the basis of these financial statements. Ihe extent to wr procedures are c8p•Ikn of detecting irT8gulanb'es. irKluth'ng fraud. is detsiled below. A further dexr1pt1L￿ of our resFonsibilrties 1$ available on the Finanoal Reporting Council's websrt" e at." https'.11 ww.frc.org.ukloudrtoNespOnsibil￿.es. Thi$ description forms part of our aLtdrtoffs report. U•e of oui v•port This report is made SO￿lY to the tharity's trustees. as a body, in aCCUdar￿ Part 4 of the Charibes (Actounts and Reports) Regu1th￿s 2008. Our audrt work has been urKtertaken so that we mrGht Rtr*te to the eharity's tN8to8È those matters we are required lo slate lo them In an auditor's report and lor no other puryjose. To the fuUest extent peThnrtted by law. we do nol accept or 8&8urnè responsib.lity to anyone oth¢r thon the Gharity and the dwrily'5 trustees a$ a body. for our aLh1rt worK this rem or for the op¢nions we have lorrne(l. qrof F4mqu¢ Ahmod (Senlor Statutory Audltor) For and on beh4f ofAGP Crnthing, StatutoryAuditiv Chartered knuntarrts Great KÈ5t R4Jal tford Tvts OGP 30 Januwy 2025 ESHA, ATUL ISLAM STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unr•*trICt￿ Unrnstrlcted funds funds 2024 2023 Notes Income and endowments from: Donab"ons and legaues Charitable a(*"vlfjes Investment5 Other income 514.20? 423,023 354,035 395,686 34.269 35.249 9,167 Total Incom• 968,359 819,239 ExpondI￿r? on: Chantable adiwties 750,504 642.705 N•t InMm• •nd mtrvem•nt In 237.855 176.534 RKonclllatlon of funds.. Furrfl balances at 1 2023 4,485,914 4.309.380 Fund balancos at 31 March 2024 4.723,769 4.485,914 sWemenl Offinana￿ activrtF86 iThludes all gatn$ and lo¥ses le￿n￿d in the year. All income ond exp?ndrture ¢Jerive from ￿￿tinUing ath'wbes. ESHA, ATUL ISLAM STATEMENT OF FINANCIAL POSITION ASAT31 MARCH2024 2024 2023 Notes Flx•d asg0ts Tangibfe assets 14 6.940.647 8,967,890 Cu￿ent auets Oeblors Cash ai banx ana In hand 16 20,634 659.109 430,780 Cr•dftors.' •mounts f•lllng du• wlthln on• y•ar 679,743 430,780 17 148,7211 131,356) Nei currnnt a$￿ts 633,022 399,424 Total as••l¥ lem current Ilabl1￿•* 7,573,669 7.367.174 Cr•dltors: amounts falllng due 4ftor more tnan ono year 18 (2.849,900) 12,881.2001 N•t assets 4.723,769 4,485.974 Th• fund¥ of th• Ch•rlty Vnr•sthGtsd 20 4.723,769 4,485,914 4,723,769 4,485,914 The finanual ststemerrts were approved by the Twstees on 30 JanLrary 2025 S Hoqu• ESHA. ATUL ISLAM STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 Notes 2023 Cash flo*¥ from opgrdung actlvllles Cash gerterated froml{absorbed by) operations 22 248,213 (2,807,745) Inv•$tlng aetlvltles Purchase of tangitAe fixed assets Investment income received (28.5511 41.967 (41,9971 34,269 Net cash generntod fronvlusod Inl Inv•stlnq 13.416 (7.7281 Flnanclng actlvltles Repayment of borrow7ngs 131,300} 2.881,200 ¢•sh (used Iny9en•rated from flnan¢lng •ctl¥ttl¢s 131,3001 2,881,200 Nèt Incrn•s• In ca*h and cash equlvalents 228,329 66,327 Cash and cash equivalents at be9'nning of year 430.780 364,453 Cash and cash oqulvalonts at and of year 659,109 430,780 10- ESHA. ATUL ISLAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Ac¢ountlng pollcles Ch•TIty Inforniatlon Esha. Atul islam is a wblic benefft entity, rt is an unincorpornted charity and is 8 registered charity registered with the Charity Commission for England and Wdles. The chanty currently has three Trustees. The principle location of the Chanty 15 1&22 Damien Street London E12HX. 1_1 Ae¢ounting conventk+n The financial staiemenis have been prepared in accordance wilh the Charitrfs Constilution, the Charities AGt 2011, FRS 102 "The Financ3al Reporb'ng SlandarLI applicablg in the UK and Republic of Ireland" I"FRS 102.1 and the Charities SORP 'Accounting and Reporting by Charrtie8." Statement of Recomrnende(J Practice applicable lo charthes preparing their accounts in accordance wth the Finan¢¢al Reporting Standard ap￿te#b￿ IA the UK and Republic of Irdand IFRS 1021" (effects"ve i January 20191. The Charity is a pu￿1¢ Benefit Entity 85 defined by FRS 102. The financsal statements have departed from the Cha￿tieS (Accounts and Reports) ReguLqtions 2008 only to the extent ￿quired lo provide a tnje and fair vi￿. This departure has invc4ved followng the Stalemenl of Rec£Jmrnended Practice for Gheribe¥ applying FRS 102 rainer tnan the vefsion of the Statement of Recommended Practr'ce vthich 1$ releffed lo in Ihe Regulatsons bLrt has since been WIthdraL￿. The financial 5Mements are pt￿gre￿ In st•rtin9. vknich 1$ the lunctionat of Ihe Charity. Mcfftet*y amounts in these finanual &atements are rounded lo Ihe nearest £. Tho financial statements have been prepaied under the histoneal c05t convention. Th• pin(#po1 accLwnting pob'des adopted are set out below. 1.2 Prknr p•Aod error Dunng the year Is was noted that expenses were under ststed 8nd as such had been ¢)verstat•d. Adju$tments have been made lo the ¢ompaf8ts"ve figures and balance and the corrects'on ofthe opening funds. Details f the adIL￿ents are shrm in note 24. 1.3 Golng concern Ai the trme of approw.ng the fina￿￿al statements. the Tolslees have a reasonable expeC￿On that the Charity has adequgle resources lo continue in cperational existence lor the foreseeat4e future. Thus the Tnkstees C¢itrwJe lo adopt the gring cly￿rn baws of accounting in prep￿g the financaal statémen 1A CharltablÈ funds Unrestnthd frJnds are waiwe for u8e at the disuetion of the Trustees in lurlherance of their tharflable oty'e¢tives. Restricted ftsnds are subject lo speofie cwditi'on$ by donors or grantors as to how they may be used. pUr￿e6 and uae• of the retstrirA¢O fund¥ Sei oth In the notss to the financA￿ statement& Endth¥7Ttent fvnds are Suty.￿l lo speufic by don¢)[5 that the Catyal must bè maintained by the Chanty 1.5 Incorn• Ineoma is rec￿ni￿￿ thg Chaity is Iwty entiled to it after any pwfurnar￿ conthtions have been m61, the am￿nts can be measured reliaw, and it is probable that income will be received. Cash don4tws are rac(vanis8d on rèeoipt. Oihar donati<>ns a￿ re￿gniSed onGe th• Charity has b￿￿ nvb.fied of the d￿atiOn, urdess ptrrfomiance condrtions requi￿ deferral of the amount. Income lax recoverat4e in rel8bon to donations received under Grft ￿'d or d￿S of covenant 1$ iecogni8ed at Ihe trme ofthe d￿ats(m. ESHA. ATUL ISLAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng polkl Icontlnued) Tuibon lees ar• recognised when ents"￿emEnt h•s ￿curre{l. Fees are u5ualty raised al the beginning of the academic year. kny fees relab.ng lo the period is deferred. Rental inm is recogni8&J in accotdanee the lease agreemenL Grants. and investsnent income are accounted on a receivable ba￿$. 1.6 Ex￿ndItUre E￿ndrt￿re is r•eognisèd gn¢e th¢re IJ a le9al ot LUllStructive 0￿jgabOn lo transfer economic benefit lo third paty. it is probable that a transfer of economic benefits V•711 be required In setdemenl, and the amount of the obligation can be measured reliably. Expen¢Jrtwe 15 dassrfied by adt'vity. The costs of each actiw are rnade ol the lotsl of direct O)8tg and shared eosts. indudino supwt crjsts ir>vc4vèd in undertaking ea¢h 8cltvity Dir¢¢i COS¢5 attriburat4e to a ￿n918 aCti￿ty are allocated diredy lo that acb"vrty. Shared costs whi¢h conthbLrte lo more than one activty and support cost$ wthich are not attributable to a single aLivity ale apports'oned be￿een those actsvities on a ba&s Con￿Stent vthh the use of iesources. Central staff costs ar8 alloeated on the ba¥s of time s￿rrt. and deprèoatr'on tharges are allocatea on Ihe ol the asset's use Th? charity ts nol VAT registered as such no input VAT is not daimed and il induded in the cost to rt rdale8 10. All￿￿tIon vf costs Costs are alloc*ed betsveen restn'cted and unreslncted funds gecordiAg to lh• tem)$ of th¢ income and donatrons. Mixed expendrtwe are apportsoned beNveen the categories according to the income and C￿￿'on$ they rdate to. 8uppvrt Gosts Supports costs are those fvjneb.ons that asssl the wotk ol the charity bLrt do not directly undertake tharitabl• acbvities. Sup￿￿ Cosis indude back office costs ￿tCh support the chartys programme$ and activities. ere SUPPOfl costs can not be direcdy allocated to a parti¢ular category of expense, they have been attnbuted on a basss con&*ort With th• u*e of rewJrces. 1.7 Tangible fixgd assets Tangible fixed assets are i￿￿'allY measured at cost and sub8equ* measured at cost ¢x v￿￿8t￿￿. net of deweaob.on and ony impairment103ses. Depreu*ion is recognised so as lo write off Ihe cost or valuation of assets less their Mdual vdues over th￿'r useful lives t)n the foljcwng bas•s'. Frethdd knd and {￿lIdIng$ FixtLWeS and fitbng$ no depreaab'on 20K stratght lin¢ The gw"n or loss anwng on the disposal of an asset is determined as the dIffe￿nCe betsveen the sale proceeds and the e4rying vdue of the asset, and is recognised in the stalement of finanrAal a¢t1v￿.e$. 1.8 Imwlmionl of flx•d At eath repth.ng end date. the Chanty revie¥￿ th• carying amounts of it8 laiwible as8¢ts to dot•mine whether there is any indicatson that those assets have suffered gn Impaiment loss. If any $u¢h indicabon exists, the recOVer￿e amount of the asset is esb"mated in order lo delemiine the extent of the impaimie k)ss (if any). 12_ ESHA. ATUL ISLAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 AccountSng pollcl Icontlnued) 1.9 Cash and rAsh equlval•nts Cash an¢ cash equlv￿ents indudè cash in hand. Bank overdrafts are shtr•vn %￿in bwrryw¢ng8 in [￿￿ent "atiililies. 1.10 Flnancial Instrumonts The Chanty has ele¢ted lo awy the provisions of Se¢tson 11 '83￿C Finanaal Instruments, and s￿tIOn 12 'Other Financial Instruments Issu•8' of FRS 102 to all of its finan￿￿ inthm•nto. FFnanaal in#trum8nts arè recognlsed in the Charity? balanGe )h¢•l vthen the Cliarity bEGDme5 pany lo Ihe mtraclual wovisions of the instrumenL Finanaa os#ets and li8brftr.es are offset, ￿ the net amounts presenled In the finanual stalements, when there 15 a legally errfcffceable nght lo set off the fecognised aM￿nIS anij there 1$ an intention lo setlle on a net bag"5 or to reah.se the a8set and setle lia￿litY simutt8neW. flnan¢l•14wets Basic finanual assets, whith indude debtors and cash and bank balant•È are Initi￿lY m8asure¢ at transath'on pnce Induding transacti￿ costs and ale subsequenlty carried at amortised cost u&ng the effect've intÈr&st method unless thè arrang•m•nt conGtrtutes a fiftancing trsns8ction, %there the transaGtion is measured al the preserrt vgiue of the fvture receipts discounted at a maik81 rale of inlor•sL FinancA8186sel8 dassrfied as receivable wthin one yeai are nol amorbsed. B•slc financlalliabllities B#5ic fin•nu•l li4bilitr•¢, indui*ng ef¢Irt0￿ and bank IvJrbJ are initially re£09nt￿4 al ttarJ5aGton price unless the arrangement constitLrtes a finanung transaction. where the debt instrument is measured al the present value of the future payments discourrted at a market rate of intere$l. Finanaal liabilrties dassified as payable vKthin year are not aTrytiaed. Debt instruments are sL￿￿￿￿ty Lqni•cl at amortised cost, uyng •ffeL*ve int¢￿st Tate method. Trade credtttys are ot4igatK)ns to pay for goods or seryices that have t*•n arquired in the Mlinary cc4M8e of cyth'ons from sukwiers. Amounts payable are dassrfied as Cu￿ent li**iltbe5 rf payment 15 due Imthin one year or less. If r￿, they are preserrted as nonrfurrent liabilities. Trade credths are rectsJnised initialty at tran8ath.on and $ub8equeth measured at amortised cost using the intw•Bt methcxl. Financaal liats.1￿"•$ are der•cowMd kn the Charlty's c￿)traC￿ obligats'ons Èkptr8 N are distharo•d or cancelled. 1.11 Employèe b•n•fftA The cost of unused tr￿￿day entthmenl is rec(¥3nised in the pen'od in ￿leh the enwknyee's 5wvice8 We Termin9b¢m t￿•fits •r• roco8r48ed wnm¢diot¢ty Ae on e4>enx when the Charity i¥ dwvi(¥15W ccrfnmittea to temiinate the eMplO￿ent of an emthee ty to wovide temination berth. 1.12 Retlr•ment b•n•fft8 Payments lo defined ctyrtrlbjtion retirfjmwrt benefft sthemes arg tharg8d gs an expense as they Idl due. 13- ESHA. ATUL ISLAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Crltlcal *ccountlng •s¢lmat•s and Judg•m•nts In the application of the Charity'È aceounbng poli￿e&. the TIustee5 are ￿quired to make judgements, estimates and assumpts'ons about the carying amount of as5els and Ilats'l￿"eS thai are not readify appar@nt from othw sources. The esb'mate$ ¥fi¢J a550daied assumptsons are based on historical exp•rience and other factors that are con￿￿•re￿ to be relevant. Aciual resLtIts may differ from these esty'maies. The estimates and underlyt'ng assumptions are r8vSewed on an ongoin9 basis. RevisttJn5 to accounD"ng estsmates ale recognised In the period In whith the estimate Is revised where the revison affect$ ¢*ty thal penod. or in p•nc#l of the rwxion and firtur* peri(Al8 wheF¢ the re￿"￿"0n affects both current and ftrtu periods. Incom• from donatlons and1•gacI•s Unrtstricted Unrestrfct•d fund$ funds 2024 2023 L)oftats'ons and gffts Grants Mernbers￿p lees 411,994 101.950 25B 345,015 8,600 420 514,202 354,035 Oonatlons and gtfts General donab.ons Qift aid 405.264 6,730 3U.779 236 411.994 345.015 Incom• fvom chafltable athStles Unr••trlGt•d Unrv¥trlci•d funds lund¥ 2024 2023 London l•l•mk &hool 423.023 395,688 14- ESHA. ATUL ISLAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income frorn Investments UnrnSm￿0d unr￿trIctl lunds fund¥ 2024 2023 Other income Interest receivable 38,500 3,467 33.800 41.967 34,269 IXher Incorn• Unrestrlcted Uftr•*trlct•d funds lunds 2024 2023 London IslAmit sta￿￿￿1. d(%thDns 9.167 35.249 16- ESHA. ATUL ISLAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Ch•rftsbb actlvttl Lond¢n Runnlng of l#lamlc th• Mosque S¢hool Totsl 2024 London Runnlng of Islamlc the Mo$que School Total Z023 2024 2024 2023 2023 Staff c051s DepretsaD"on and impairmer 336,700 42.801 379.501 357,908 42,788 400,676 55.594 1,611 51.038 55.594 1,611 55,256 53,690 1,571 21,423 53,690 13,140 29,138 11.569 7.715 Light and heat Rop8irs •nd maintenance CCTV and 8ewrlty eaning Telephone 4,218 4,164 1,323 3,520 4,315 15.672 28,899 39,024 6,796 10.%0 1.323 3.520 4,315 15.672 28.899 39.024 129 1,302 4,761 3.148 20.390 10.011 10.952 129 1.302 20,476 3.148 20.399 10.011 10.952 15.715 Exam fee Events end outings Summer & *int•r break coathing Catering Compulef 8ccessori8s sub￿p￿0nS 70,677 15.737 70.877 15,787 1,952 4,152 3.919 1,952 4,152 3.919 S32.813 157.840 690.653 437,917 135,167 573.084 Share of Sup￿￿ ￿$ts (see note 81 8hafe ol ￿>¥eMan(C costs (see note Bl 17,459 33.992 51,451 11.879 38.492 48,371 5,000 3,400 8,400 12,250 21.250 SSS.272 195.23? 462 046 180.659 642.705 16. ESHA. ATUL ISLAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support co•ts Allo¢al•d to a¢tfvftles 2024 2023 Postsge. Printing & Stats'onery Insurance Annu81 Conference E￿nSeS Bank Charges Card Charges Other E￿n$￿S Govemance costs 15.884 13.fj92 9.475 3,239 2,859 6.302 8.400 11.358 10.330 2,476 3,370 20,839 21.250 59.851 69.621 Analy5ed lJelYfftn: London Islamic Sch¢X)I Running ofthe Mosque 22,459 37.392 24.129 45.492 59,851 69.821 2024 2023 Go¥•manc• costs comprfse: Audrt tees Accountan 8,400 8.400 Iz,0s0 8,400 21,2SO movem•nt In fund• 2024 2023 Th• n8t Mt)Vom￿t in fvnds is stxted aftèr chargingllcreditingl.. Fe05 payable for Ihe audit of the charft*s finanual Statements Dawetiatlon of ty*ned tangible frxed 8ssets 8,400 55,594 8,400 53fj90 10 Tru•t••s N{￿e ul the TtusiEES Iix awiy per8(￿* conneGted *lth them) rKeiv¢d any remun¢rabon or benefft# from th¢ Chanty during the year. 11 Employ•*• The average montNy number ol empkjyees during the year Wds.. 2024 Number 2023 Nurn￿r 29 17- ESHA, ATUL ISLAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Employ• {CoTrttnu•dl Ernploym•nt costs 2024 2023 I￿988 snd salaries sw.al S￿Urity costs Other pensiori costs 359,273 6.440 11,788 380,423 11,831 8,422 379.501 400.676 There w6re rK• ern￿OYeeS ¥th068 annual remuneration was more than £60,000. 12 Tajtatlon Tne thonty Is exempt from taxation on its activities because ￿1 ils income is applie(I for chanta￿e PUfpDses. 13 Volunts•rn The charty benefited from the assistAnte prow(1od by thè vdunt•èrs, indudin9. 9tvirkg d*w8h, ￿$h cojlectyons, stffwarding during daily prayers. Jumu'ah and Ramadan. 14 Tanglble Ilxed assets Fr••hold l•nd FIxtrJrns and and I￿1￿lIng• Tolal At t Wil 2023 Additions 6.816.955 13,460 268,447 7,087.402 15,091 28,551 At 31 March 2024 8.832.41 S 283.538 7.11 S.953 O•prnclatlon •nd lrnpalnnenl Al 1 April 2023 Depreoati¢)n charged in the year 119.712 55,594 119.712 55,594 Al 31 March 2024 175,3C6 175,3Cf C*rylng •moubrt At 31 March 2024 6.832.415 108 ?32 8.940,847 At 31 March 2023 6,818,955 148.735 8,%7.690 18- ESHA. ATUL ISLAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 D•bto 2024 2023 Amounts falllng dug wlthln on¢ year". Trade d•btors Prepaymenls and accxu&J incom¢ 12,733 7,901 20.834 16 Loans •nd Ove￿raft• 2024 2623 otherlogns 2,849,900 2,881.200 Payable after one yèai 2,849.900 2,881,200 Qarz*Hasna Im¢onsng moral obligatÈort to ropay rf possibl•l is a pnvatè intèr&st-freè iinsacurÈd Irjan given to the Mosque and the London Islamic Schod, mosuy by worshippers and parenls frorn the local communty to 855151 wtn compiets.on of the Mosque lJuil¢Jing proJ¢Gt and day to day running of th¢ $chod. Although mogt of these loans are repay3t4e within one year. majority of the lenders have indicated th￿r wllln9ness to extend the loan period beyond one ye8r. These loans have been Induded In the Creth"lors.' amounts due after more than one year 17 Cr9dKOrn: amounty Yaiiing Ou• %•llhln one y•ar 2024 2023 Trade ¢redilors Other creditors Ac¢Nal$ and deferred inc(me 24.965 6.156 15.600 6,156 25,200 46,721 31,358 18 Cr•dltord: arnounts fallng du• •ft•r morn than on• yèar 2024 2023 BOrr￿ing¥ 2,649,900 2,881,200 19 Rotbr•m•nt b•n•fft •eh•m•s 2024 2023 D•fined contrlbutk>n •chem Charge to profft ￿ loss in respect ol tsfined ContritM￿.0n •¢hem 11,788 8,422 19- ESHA, ATUL ISLAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 R•tlrnm•nt b•nefft B¢h•mes IContlnu•d) The Charity oper3tes ¥ dofined contribution penJion scheme Itji all qU￿ltying employees. The assets of the scheme ale held separately from those of the Charrty in an independendy adminislered fvnd. 20 UnT•strlct•d tund8 The unr¢6tricteQ funds of the cn8rity cornprFse the unexpended balances of don8tions and grants ¥thi¢h are not sutyecl to SFecafic conth'ons by donors and grantors as to how they may b• usod. These indude ae%"gnated lund$ have been set aside out of unreth'cled funds by the trustees for speo'fic purpG￿3. A¢ 1 Aprll 2023 Incomlng Resourc•s At 31 March rosourcos oxp&nd•d 2024 General funds 4,485,914 988,359 (750.5041 4,723.769 Pr*vlou• Y￿r. Al 1 Aprll 2022 Incomlng At 31 Mvch r•sourc•• exp•nd•d 2023 General fijnds 4.309.380 19.239 {642,7051 4,485.914 21 Rol•ted p•rty ￿n$l¢tIOnS There were no d15ttosabie retsteo paty transaoions during the y•ar12023- none}. 22 Cash 9•nernt¢d lronVlab￿rb0d tyl op•r•tlon# 2024 2023 SurF4us for the year 237,855 176.534 Adlustrnents lor. Investment income recognised in statement of financtal aciivibes Depre¢itition and tmpairment of tsng11￿e fixe(l assets 141.96n 55,594 134,2691 53,690 Mov•ments In worklng eapttal: Ilncreasel in debtors Inueasel(d•cTeo8el in credilorn 120,6341 15,365 13.003,100) C4•h g•n•r4t•d fronVlab8orb•d by) op•ratlon• 246,213 (2,807,145) -20- ESHA. ATUL ISLAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 23 Anatysls ol changès In net Idobtvfunds At 1 Aprtl 2023 Cuh ftow8A131 March 2024 Cath 01 bank and in hand 430,780 228.329 659.109 Loans f811ing due after more th8n year 12,881.2001 31,300 {2,849.9001 12,450.420} 259,829 12,190.791) 24 Prfor perlod *dlustrftènt ChAno•s to tho stat•m•nt of fln•nel•l posldon At 31 March 2023 As prwrtou4ly Adju•tm•nt A• r••t•ted Cr•dltor8 du• wlthln y••r Other creditors Cr•dttors du• after one y•ar Loans and overdrafts Other ¢xedrtors 120,1581 111.2001 (31,3￿) {2.881.2001 12,881.200) 2,881,200 12.881.200) Net assets 4,497.114 111,200 4.485.914 ca￿ funds Ineomo fiJndÈ Urwestricted fiJnd¥ 4.497.114 {11,200) 4.485,914 Totsl •qulty 4,487. 114 111,200} 4.485,914 Ch*ng•s to th• Incom• 8tat•ment Perfod •nded 31 M*rch 2023 A• previously Adlu•tm•nt A• r8•tst•d v•port8d Donattons and legacies Ch8ri1a￿e actr'vities Other income 345.435 430.935 8,600 {35,249) 26,649 354,035 395,688 35.249 ChaiilAkAe acts'wbes 631.505 11,200 642,705 Net movernenl in lunds 187 734 111.2001 178,534 2f