REGISTERED CHARITY NUMBER: 288864
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 30 November 2023
for Ghausia Committee Aylesbury (Aylesbury Mosque)
Danton Partners 7 Merlin Courtyard Gatehouse Close Aylesbury Buckinghamshire HP19 8DP
Ghausia Committee Aylesbury (Aylesbury Mosque)
Contents of the Financial Statements for the Year Ended 30 November 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 14 |
| Detailed Statement of Financial Activities | 15 |
Ghausia Committee Aylesbury (Aylesbury Mosque)
Report of the Trustees
for the Year Ended 30 November 2023
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity aims to advance the religion of Islam and, the advancement of the education of Muslim children according to the tenets and doctrines of Islam.
Significant activities
The charity is actively providing Islamic education and religious activity for the local community.
Public benefit
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Grantmaking
The charity raises the majority of its income through donations from the local community. The charity is managed voluntarily by the management committee apart from the remuneration detailed in the accounts. Additional income is received from government authorities.
FINANCIAL REVIEW
Financial position
The statement of financial activities shows net income of £56,922 (2022: £4,975) for the year. Total funds as at 30 November 2023 stand at £1,402,097 (2022: £1,345,175). The trustees consider the state of the charity's affairs to be satisfactory.
Principal funding sources
The charity's main income arises from the provision of facilities in the interest of Islamic education and religious activities.
Investment policy and objectives
The Committee has the power to invest money in the security of such stocks funds, securities or other investments or property in accordance with the Trustees Investment Act 1961.
Reserves policy
The charity ensures that reserves are kept at a sufficient level in order to carry out its charitable objectives.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust dated 29 December 1983 and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
Apart from the first charity trustees, every trustee is appointed by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.
Decision making
The Committee's decisions shall be determined by reference to a majority of the members present and voting. In case of an equality of votes, the President shall have a second casting vote.
Principal risks and uncertainties
The trustees regularly consider key risks the charity is exposed to and ensure to take corrective action to implement measures to manage and mitigate identified risks to an acceptable level.
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Ghausia Committee Aylesbury (Aylesbury Mosque)
for the Year Ended 30 November 2023
Report of the Trustees
STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
288864
Principal address
Aylesbury Mosque Havelock Street Aylesbury Buckinghamshire HP20 2NX
Trustees
M Khan Chairman W Raja Vice Chairman I Raja Treasurer Z Shah Vice Treasurer S Rehman Secretary A Arif Vice Secretary K Hussain M Ul Haq W Khan S W Khan M Khan M N Khan M Zeb M Junaid K Khan Y Khan Q Gul S Khan M Altaf Z Anwar T Hussain M Nazakat T Hussain I Ahmed M Hussain M Hussain M S Ahmed M Zaheer M Jamil T Hussain N Shaid S Ahmed
Page 2
Ghausia Committee Aylesbury (Aylesbury Mosque)
Report of the Trustees
for the Year Ended 30 November 2023
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Sajjad Rajan FCCA Danton Partners 7 Merlin Courtyard Gatehouse Close Aylesbury Buckinghamshire HP19 8DP
Approved by order of the board of trustees on 25 September 2024 and signed on its behalf by:
M Khan - Trustee
Page 3
Independent Examiner's Report to the Trustees of Ghausia Committee Aylesbury (Aylesbury Mosque)
Independent examiner's report to the trustees of Ghausia Committee Aylesbury (Aylesbury Mosque)
I report to the charity trustees on my examination of the accounts of Ghausia Committee Aylesbury (Aylesbury Mosque) (the Trust) for the year ended 30 November 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts 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 accounts to be reached.
Sajjad Rajan FCCA
Danton Partners 7 Merlin Courtyard Gatehouse Close Aylesbury Buckinghamshire HP19 8DP
26 September 2024
Page 4
Ghausia Committee Aylesbury (Aylesbury Mosque)
Statement of Financial Activities
for the Year Ended 30 November 2023
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 EXPENDITURE ON Charitable activities 3 Advancement of education Social welfare Other Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 217,919 165,038 - 3,100 168,138 49,781 1,345,175 1,394,956 |
Restricted funds £ 36,629 - 29,488 - 29,488 7,141 - 7,141 |
30.11.23 Total funds £ 254,548 165,038 29,488 3,100 197,626 56,922 1,345,175 1,402,097 |
30.11.22 Total funds £ 163,059 150,744 4,540 2,800 158,084 4,975 1,340,200 1,345,175 |
|---|---|---|---|---|
The notes form part of these financial statements
Page 5
Ghausia Committee Aylesbury (Aylesbury Mosque)
Balance Sheet
30 November 2023
| Notes FIXED ASSETS Intangible assets 9 Tangible assets 10 CURRENT ASSETS Debtors 11 Cash at bank and in hand CREDITORS Amounts falling due within one year 12 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted fund £ 4,400 1,046,847 1,051,247 4,350 342,671 347,021 (3,312) 343,709 1,394,956 1,394,956 |
Restricted funds £ - - - - 7,141 7,141 - 7,141 7,141 7,141 |
30.11.23 Total funds £ 4,400 1,046,847 1,051,247 4,350 349,812 354,162 (3,312) 350,850 1,402,097 1,402,097 1,394,956 7,141 1,402,097 |
30.11.22 Total funds £ - 1,034,677 1,034,677 4,350 312,308 316,658 (6,160) 310,498 1,345,175 1,345,175 |
|---|---|---|---|---|
| 1,345,175 - 1,345,175 |
The financial statements were approved by the Board of Trustees and authorised for issue on 25 September 2024 and were signed on its behalf by:
M Khan - Trustee
The notes form part of these financial statements
Page 6
Ghausia Committee Aylesbury (Aylesbury Mosque)
Notes to the Financial Statements for the Year Ended 30 November 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (second edition issued in October 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
- Fixtures and fittings 20% on reducing balance - Computer equipment 20% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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Ghausia Committee Aylesbury (Aylesbury Mosque)
Notes to the Financial Statements - continued for the Year Ended 30 November 2023
2. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| Donations | 30.11.23 £ 254,548 |
30.11.22 £ |
| 163,059 |
Included in the income is the amount of £36,629 (2022: £4,440) attributable to restricted funds, and £217,919 (2022: £158,619) attributable to unrestricted funds.
3. CHARITABLE ACTIVITIES COSTS
| Advancement of education Social welfare |
Direct Costs £ 165,038 - 165,038 |
Grant funding of activities (see note 4) £ - 29,488 29,488 |
Totals £ 165,038 29,488 194,526 |
|---|---|---|---|
Included in the direct costs is the amount of £29,488 (2022: £4,440) attributable to restricted funds, and £165,038 (2022: £150,844) relates to unrestricted funds.
4. GRANTS PAYABLE
| GRANTS PAYABLE | |
|---|---|
| Social welfare | 30.11.23 30.11.22 £ £ 29,488 4,540 |
| The total grants paid to institutions during the year was as follows: Grants to other charities |
30.11.23 30.11.22 £ £ 29,488 100 |
Included within Grants payable under social welfare was the amount of £29,488 to the Abu Zahra Foundation. In comparatives, Grants payable under social welfare was the amount of £4,440 to the Pakistan Embassy, London and £100 to Action4Youth UK.
continued...
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Ghausia Committee Aylesbury (Aylesbury Mosque)
Notes to the Financial Statements - continued
for the Year Ended 30 November 2023
5. SUPPORT COSTS
| SUPPORT COSTS | ||
|---|---|---|
| Governance | ||
| costs | ||
| £ | ||
| Other resources expended | 3,100 | |
| Support costs, included in the above, are as follows: | ||
| Independent examiner's fee | 30.11.23 Other resources expended £ 350 |
30.11.22 Total activities £ 300 |
| Accountancy and legal fee | 2,750 | 2,500 |
| 3,100 | 2,800 | |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 November 2023 nor for the year ended 30 November 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 November 2023 nor for the year ended 30 November 2022.
7. STAFF COSTS
| STAFF COSTS | ||
|---|---|---|
| Wages and salaries | 30.11.23 £ 57,293 |
30.11.22 £ 61,761 |
| Social security costs | - | 687 |
| Other pension costs | 1,121 | 1,191 |
| 58,414 | 63,639 | |
| The average monthly number of employees during the year was as follows: | ||
| Employees | 30.11.23 4 |
30.11.22 4 |
No employees received emoluments in excess of £60,000.
continued...
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Ghausia Committee Aylesbury (Aylesbury Mosque)
Notes to the Financial Statements - continued for the Year Ended 30 November 2023
| 8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Advancement of education Social welfare Other Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 9. INTANGIBLE FIXED ASSETS COST Additions AMORTISATION Charge for year NET BOOK VALUE At 30 November 2023 At 30 November 2022 |
ACTIVITIES Unrestricted fund £ 158,619 150,744 100 2,800 153,644 4,975 1,340,200 1,345,175 |
Restricted funds £ 4,440 - 4,440 - 4,440 - - - |
Total funds £ 163,059 150,744 4,540 2,800 158,084 4,975 1,340,200 1,345,175 Computer software £ 5,500 1,100 4,400 |
Total funds £ 163,059 150,744 4,540 2,800 158,084 4,975 1,340,200 1,345,175 Computer software £ 5,500 1,100 4,400 |
|---|---|---|---|---|
| - |
continued...
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Ghausia Committee Aylesbury (Aylesbury Mosque)
Notes to the Financial Statements - continued for the Year Ended 30 November 2023
10. TANGIBLE FIXED ASSETS
| 10. TANGIBLE FIXED ASSETS |
||||||
|---|---|---|---|---|---|---|
| Fixtures Freehold and Motor property fittings vehicles £ £ £ COST At 1 December 2022 1,019,718 82,267 - Additions - 502 16,400 At 30 November 2023 1,019,718 82,769 16,400 DEPRECIATION At 1 December 2022 - 68,233 - Charge for year - 2,907 1,640 At 30 November 2023 - 71,140 1,640 NET BOOK VALUE At 30 November 2023 1,019,718 11,629 14,760 At 30 November 2022 1,019,718 14,034 - 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Taxation and social security Other creditors |
Freehold property £ 1,019,718 - 1,019,718 - - - 1,019,718 |
Fixtures and fittings £ 82,267 502 82,769 68,233 2,907 71,140 11,629 |
Motor vehicles £ - 16,400 16,400 - 1,640 1,640 14,760 |
Computer equipment £ 4,743 - 4,743 3,818 185 4,003 740 |
Totals £ 1,106,728 16,902 1,123,630 72,051 4,732 76,783 1,046,847 |
|
| 1,019,718 | 14,034 | - | 925 | 1,034,677 | ||
| 30.11.23 £ 4,350 30.11.23 £ - 3,312 3,312 |
||||||
| 30.11.22 £ 4,350 |
||||||
| 30.11.22 £ 1,060 |
||||||
| 5,100 6,160 |
continued...
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Ghausia Committee Aylesbury (Aylesbury Mosque)
Notes to the Financial Statements - continued for the Year Ended 30 November 2023
13. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Palestine relief fund - Providing humanitarian relief to the people who have been affected by the conflicts since October 2023 Morocco/Libya relief fund - Providing assistance to the people who were affected by the earthquake and floods in September 2023 TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Turkey/Syria relief fund - Providing support to the people who were affected by the earthquake in February 2023 Palestine relief fund - Providing humanitarian relief to the people who have been affected by the conflicts since October 2023 Morocco/Libya relief fund - Providing assistance to the people who were affected by the earthquake and floods in September 2023 TOTAL FUNDS |
At 1.12.22 £ 1,345,175 - - - 1,345,175 Incoming resources £ 217,919 29,488 2,010 5,131 36,629 254,548 |
Net movement in funds £ 49,781 2,010 5,131 7,141 56,922 Resources expended £ (168,138) (29,488) - - (29,488) (197,626) |
At 30.11.23 £ 1,394,956 2,010 5,131 7,141 1,402,097 Movement in funds £ 49,781 - 2,010 5,131 7,141 56,922 |
|
|---|---|---|---|---|
continued...
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Ghausia Committee Aylesbury (Aylesbury Mosque)
Notes to the Financial Statements - continued for the Year Ended 30 November 2023
13. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.12.21 £ Unrestricted funds General fund 1,340,200 TOTAL FUNDS 1,340,200 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 158,619 Restricted funds Pakistan relief fund - Providing assistance towards the displacement of people as a result of the flood in July 2022 4,440 TOTAL FUNDS 163,059 A current year 12 months and prior year 12 months combined position is as follows: At 1.12.21 £ Unrestricted funds General fund 1,340,200 Restricted funds Palestine relief fund - Providing humanitarian relief to the people who have been affected by the conflicts since October 2023 - Morocco/Libya relief fund - Providing assistance to the people who were affected by the earthquake and floods in September 2023 - - TOTAL FUNDS 1,340,200 |
Net movement in funds £ 4,975 4,975 Resources expended £ (153,644) (4,440) (158,084) Net movement in funds £ 54,756 2,010 5,131 7,141 61,897 |
At 30.11.22 £ 1,345,175 1,345,175 Movement in funds £ 4,975 - 4,975 At 30.11.23 £ 1,394,956 2,010 5,131 7,141 1,402,097 |
|---|---|---|
continued...
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Ghausia Committee Aylesbury (Aylesbury Mosque)
Notes to the Financial Statements - continued for the Year Ended 30 November 2023
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Pakistan relief fund - Providing assistance towards the displacement of people as a result of the flood in July 2022 Turkey/Syria relief fund - Providing support to the people who were affected by the earthquake in February 2023 Palestine relief fund - Providing humanitarian relief to the people who have been affected by the conflicts since October 2023 Morocco/Libya relief fund - Providing assistance to the people who were affected by the earthquake and floods in September 2023 TOTAL FUNDS 14. RELATED PARTY DISCLOSURES |
Incoming resources £ 376,538 4,440 29,488 2,010 5,131 41,069 417,607 |
Resources Movement expended in funds £ £ (321,782) 54,756 (4,440) - (29,488) - - 2,010 - 5,131 (33,928) 7,141 (355,710) 61,897 |
|---|---|---|
There were no related party transactions for the year ended 30 November 2023.
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