HENDON MOSQUE & ISLAMIC CENTRE REPORT AND FINANCIAL STATEIIIENTS FOR THE YEAR ENDED 31 MARCH 2024 REGISTERED CHARtrY NO. 289834
HENDON MOSQUE & ISLAMIC CENTRE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Officials and advisors Report of the Trustees 2to6 Report of the Independent Auditor statement of Financial Activttses Balance Sheet Cash Flow Statement 10 Notes to the Financial Statements 11to14 Detailed Statement of Finan¢i81 Activites 15
HENDON MOSQUE & ISLAMIC CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 OFFICIALS AND ADVISORS Exaculive Trnstee Council: S.M. Rehman N. Kadri M. Mehdi Rehman S.S.KAJhaddad J Nazir A G HeThvitker MAFaki AADaroge S.J.Kaliri ARoghey (President) (VI President) (Treasurer) ( General Secretrdry) (Assistant Secretary) (Assistsnce Treasurer) Custodian Trustees: S.M Al Hadad AFaki M.H Dhakam l. Herwltker J. Zeb Charity Registration No: 289834 Principal Address: Brent View Road West Hendon London NW9 7EL Auditors Chartered Cerbfied Accountants 75 Coniston Gardens London NW9 OBA Solicito Johns & Saggar 16 HwJh HoltN)m London WC1V6BX Main Bank: Barclays Bank PIC West London Commercwl branch P.O.Box 13555 Acom House 38 Park Royal Road London BX3 2BB
HENDON MOSQUE & ISLAMIC CENTrE Trnstees. Report lor the year ended 31 March 2024 The tnxstees present their report along with the Audited FinancAI Statements of Hendon Mosque & Islamic Centre I the charity,) for the year ended 31st March 2024. The trustees have adopted the provistons of AcCnting and Reporting by Charities.. Slatement of Recommended practi applicable to charitses preparing their accg)unts in accordan wi(h the Financial Reporting Slandard for Smaller Entibes leffectNe January 2015). Constitution. objects and policies Hendon Mosque & Islamic Centre is a registered charrty no. 289834 govemed by its trust deed dated 29th January 1984 and amended on 21st OCtor 2001. The main aims and objections of the chanty are.. arrange prayer gathenngs", provide facilities for the teaching of Hoty Quran and relKJious education for Muslim children and adults- arrange lectures, meetings and seminars to the fvrtherJn of religious and Islamic education., Owoperate and co-ordinate other Islamic organisations who have similar aims and objections., provide fvneral services for the Muslim community. Risk Management The executive council have examined the major strategic business and operational risks which the charity fa$ and confim that systems have been established to enable wular rekY)rts to be prOd*d so that the necessary steps can be taken to lessen Ihe these risks. Presidenvs review of challenges and a¢hi•vements This past year has presentsd significant challenges for the management team. yet Allhamdulillah, we have continued to delNer a wide array of services under drfficutt ctrCUmstan. The disturbing events over the summer, invowl riots by far-right movements targeting muslim communities aGfo55 the county, were of grave conM. In response. we engaged dosely with the authortbes and reported several in¢idents of islamophia abuse directed as the local Muslim communty. AJnid these dark days. however. there were moments of solidarity, such as a visit from non-muslim individual who came to the masjid to offer suppx)rt and sympathy. May Allah pmtect and guide us all. Ameen. Conclusion and Gratitude The responsibiity you have entrusted to us is signtficant, and we are humbw by your encoutsgement and faith in our work. l am sincerety gratefvl to lah for the opportunity to selve his House and His Deen. May Allah accept our efforts, guide us to work sincerely for His sake. and grant us success in this lrfe and the Hereafter. Finally . I would like to extend my heartfelt 9ratitiJde to the trustees. staff. volunteers. members and all well- wishers. Jazakallahu Khairan. Sayed Mustaq Rehman Président SeGretsry's Annual report Masjid As regular attend of the masjid, since May 2024 you wll have noticed the commencement of the long awaited refurbishment works. first announced at the 2022 AGM. After selecting an architect and project management company , underwnet a tender process to appoint the main contractor. Key improvements indude the removal and re[lrnent ofts old rwf, solar panel instalbakn"on, replacemenl windows throughoLtI, Insulation and silicone rendering of all extemal walls, separate entrance for Sisters. replacing the old gas boilers and relocation to a new plant rcx)m. Given the building's age. constructed around the tum ofthe 20th ontury and the 28 years gap since the L8st mai renovation in 1995-1996 the project has been particulady challenging but necessary. We were aware at the time of purchase in 1994 , the suveryo¢s report indtcated among other issues, the need for a comptete rcof ovethaul.
Prior to beginning the work , we assessed the impact on our neighbours residing in close proximity surrounding of the masjid. While some disruption was antiapated , the masjid has remained open throughout the renovats.on period. We have also managed to a(xx)mmodfate the Jumu'ah prayers, compensating for the temporary cFosure of the top floor, we acknowledge and apprecite the coMmnent and support of dl our volunteers and stewards for helping us to manage an deliver the extra Jumua'h prayers. We are immensley grateful for the congregration's support and generoslty t(wffird this important project we pray Allah swt will reward everyone abundandy in this wortd and the hereafter. Ameen. Improvements such as the creation of a separate entrance and prayer Spa for our Sisters. the replament of the aging roof and investment in so5ar energy and insulation will reeduce the Masiid's annual running expenses, especially given th erising energy costs. last year, we infonned memebers that Hendon Mosque is a Licensed registered venue for Civil Marriages. We are pleased to inform members that Imam's are authorised to officaite in accordall wth English Law.As a result we are seeing an increase in the muber of Nikahl Civil malage ceremOnS carried out in the Masjid. During the last AGM, it was proposed that would transition into a Limted { LTD) company for better legal and operational structure. Solicitors have been appointed to oversee this pro(s, to enable the new organisation structure to be formed. This move aims to enhance the governar and legal protecbon of the Masjid. Once the incorporation pro$ is comFeleted, members wtll be UF4lated vthh the details of the new strtUre. Allhamulillah, throughout Ramadan 20234. we experienced hh attendance , with most days seeillg the Majsid filled to capacity. Additionally , we have seen an increase in the number of Sisters in accordance, whlch highlights the growing needs for addrtional space. Sn line wlh the Masjid",s enviromental goals, efforts to eliminate the waste of pSliC water bottles were highly successfu5. A generous donor contributed r&u5able water botues. wheih ¢were distributed to the congregation at the start of Ramadan, On the 27th nighL the Masjid vras at full capacty , with attendees fillin9 trKJth the ground fkor and addit¢)nal overfl¢)W spaces. Approximately 200 worshippers remaned in the Masjid ovemight and Suhwr vras generously donated to those who stayed. In February 2024, The MasKI applied to the Home Offre Places of Worshsip I POW) Security Grant aimed at increasing the security of religiuos instttutÉons. This application was approved in May 2024, and we have begun work to enhan our CCTV system, alami system ans security Ihting lo the exten.or of the Masjid building. Following the unfortunate riots that took place in July 2924. th se]rity needs of the Masjid We further assessed. Due to heightened concems a1X) public safety, we were also provided with 24n manned se¢urtty. On 1st July 2024 , we facilitated an electr.on hustings event at the Park Road Youth and Community Centre. This event provided a platrorm for political candtdates { one of them being Br Imtsiaz Pataekar I to engage in a Q& A Session with the local community ahead of the elections. This event strengthened the Masjid's role as a facilitor of civil engagement , further embedding our instsiubon 1n the JaI and political fabric of the community. Funeral SeTViCeS The Masjid's fvneral sevices o)ntinues to play a vital role in supporting the Ix)mmiunity during their most difficult times. Over the past year, we facilities approximately 115 funerals. marking a slight increase compared to the previous year. This growth reflects both the increasing demand for our semces and the trust that the community places in our funeral team lo manage these sensrtive matters wth care and profess[onal. In April 2024, exterior signage was applied to our funeral van and (£r, this help5 vth parking lenncY from traffic enforcement Offir5 when our team is attending to fvnerals or making coltIOnS from hospitaEs in areas where parking may be restricted. This year. the morhjary facilities underwent minor repairs ro ensure that the highest stsndards of hygeine and health safety are maintained. The Ministy of Justice ha5 rnUY begun national inspections of mortuaries to ensure that the proper stsndards are being maintained when the handling the deceawj. These inspecbons focus on safeguarding the diginity of the deceased and providing appropriate care and support to grieving families.
A change in the burial prOs$ was intrcrfjuced this y. addimg an extra layer of administrats.ve oversKJht. Under new govemmemt guidelines, doctor or general ptactitioner l GPI can no longer solety *rtify a death. Instead, a medical examiner must now reviewand approve the cause of death before a cerbficate is issued. This certsficate is then provided to the relevant council to obtsin the necessary bunal rbfiCate. Montagu Road site Our Montague Road site continue to be a hub for edUtional acbvitres and is currrenty i)(xupEd by Bamet Hill Academy { BHA}. There have been some recent changes to the governan structtjre of the school, with new leadership now in pla to guide its futu devetopment The school remains a core part of our (x)mmttsment to supporting Islamic education in the community. The premises are also used by our Madrass chIldn on weekday evenings, along vth separate organisations over the weekend, thery bith offef educational tsaching programs. This ensures that the building is fully utilized, serving as a dynamic leaming Spa for the community throughout the wee Community Centre The Masjid's community centre conb.nues to serve as a vrtal Spa for a wide range of actwities and services. supporb.ng both educational and social needs wthin the communty. The main user of the ¢entre is Prime Tutofs, an establi%hed after schwl tutoring group that has sethed into our premises. They provide academic supwrt to Ictal childrert. helping them excel in their studies. The Balkan communty community regularty hi part of the building for Iheir events and gatherings. There inVoement brings diversity to Ihe range of activitses offered at the ntre. enhanung the cultural richness of the space. Weekly Sisterfs Talim Class is akjs held at the communty ntre. providing relwious instruGtion arid support to women in the (x)mmunty. Ladies Elders Group meels On a week This group not onty provijes hot mea15 to the elderty but also encourages physical activity through exercise sessions. Occassional outgoin9s ar aL80 organised for Ihe elders to various places of interest when the community ntre is not use, r( is available for private functi( hire. provKling and aldibonal Sour of income for the Masjid. As in previous years. I would like to ch)se by encouraging the young member5 of our communrty to step forward and invojved the Masjid. We welcome fresh hleas and suggestrfyns, and $ imwjrtant to rememter that the younger generation will shape the futttre of this organisatson. Abdul Alim Rehman Hon. General Secretary. Educational Report 1. Overview ' The Hendon Madrasah utilises the Ra1 IMS online platfoTh, connectr.ng teachets, parents. and departments. This system supports attendance tracking. homework assignments. exam results and progress portS. . Madarash classes are held Monday to Thursday and on Saturday& . The madarash provides Islamic educa.on across four rnain departhents. 2. Departments and Programs A. Hifdh Class . Location ". Hendon Mosque . Schedule .' Monday to Thursday and Saturday . Fees £50 per month . Enrolment: 37 Student across 3 classes
B. Weekday Madras { Boys and Girfs) ' Location '. Motague Road Site . Schedule . Monday to Thursday ' Fees £35 per month ' Enrolment.. 340 Student across 16 classes C. Girls. Classes I Saturday) ' Location . Motague Road Sts Program ..SpeCifillY fi)r year 7 Graduates . Fees £25 per month D. Boys, Classes { Satrjrday } . Location '. Motague Road Site . Program '.Specifically for year 7 Graduates ' Fees £25 per month Staff: 51 members, induding teachers , teaching assistants. volunteers, administrative staff, supervisors, cleaning staff and a head teacher. 3. Events and Celebrations ' Annual Madrasah Jalsah.. Celebrated a paty. swrts day, award (ETMOmn> . Awards are given for best behaviour , best efforts. and ranked prizes for 1si,2nd and 3rd places All Students receive an end of year gfft ' School visits.. Visit made to locAI schcols to deleiver assesmby on Islamic TopiG8 4. Additioal Programs for Adults . Tafseer-ul-Quran' Led by Sheikh Bilal ' Hadeeth Halaqah.. Led by Sheikh Adbus Samad . Tajweed-ul-Quran Course.. Led by Sheikh Yusuf Sisters, Classes . Held at Park Road Communrty Centre Youth Club Every Friday evening Kickboxing Class: Every Thursday 5. Reversions and Support for New Muslims ' This year, 5 people embraced islam by takong the Shahada and were referred to the New Muslim Circle for support May Allah acdepl all our efforts His Deen, gNe us all Sinr[ty. forgove our shortcomigs and gumle is us to the straight path l Aameenl Jointty prepared by Shaykh Yusus Rawat and Sayed Shabir Al-Haddad. Appeal and Interfaith report 2024 This section of the report highlights kep achievements Hendon Mosque has undertaken over the last yer over fund- raisng for various disaster appeals as well as interaction on l¢xal communty issues including interfaith. Youth talk - Your life is worthy more. In April & May 2024 there were separate fatal car accidents in the Brent Cross area resutting in the sad tragic death of 4 young local Muslim men, 2 of these were regular k)¢al and Hendon Mosque attendees who have grown up locally in our Iccal community. This bereavement & grief highlighted the ever more Importan of educating our youth and the importance of lrfe in world & the need for road safety. Hendon Mosque invited tsvo prominent Muslim influential speakers . A4mal Masix)r and Shaykh Omar Hajaj to gNe a talk aboL about how precious lrfe is. Ajmal Masoor is an Iman fundraiser, a well know broadc2Ster and relationshio Counsellor. Shaykh Omar Hajaj has been active in the UK dawah, gwing kciures acrs5 the county and abroad wtth a speual frLus to thre youth.
Fundaislng Appeals Palestine Gaua Sn October 2023 we launched an urgent appeal for our Brother and Sisters affected by the tumoil in Palestine following the immediate aftemath of the attacks in Gazza. The scale of thi% crisis conbnues to the day and we make Duas, and pray for those SLrffering in Gazza, thal Ajlah alMighY protect them. We raised your over £13K by the end of October 2023. In summary. we distributed funds to Gkibal Relief Trus( Al-Khair Foundation ands Abdul]ah Atd. Further appeals in January 2024 let to addth.onal distributions of £13K sent equalty betsveen Abdullah and Al-Khair and Kokni Muslim Asscciatuon of Birningham ( KMAB} FaLa. Afganistan In November 2023 , we launched an appeal for thise affected by the earthquake and raised just over £6,000 in this appeal. This was distributed through our chanty partner on the ground, Ummah Welfare Trust who distirbuted essential winter aid krts to 1,500 people. May lah swr reward you for your donations. For further details about this and other apreals piease visit'.http.'Ilhendonmosque.(x).uk. Sayed Abdullaj Mayim Kadri Vice President ReseNe policy The trustees have reviewed the reserve od the Charity. The reserve polw is the HMIC holds enough funds to cover the operating costs for at least three months, excluding collection and distribution of Zakat and aother restiicted funds. statement of Trustees. responsibilities The trustees are responsible for preparing the Report of the Tnjstees and the financial statements in ac£ordan¢è with applicable law and United Kingdom Accounting Standards ( Unrted Kingdom Generalty Atpted Accounting Practice). The law applicable to charities in England and Wales, the charitie5 Act 2011, Charity l Accounts and Reports) Regulth"ons 2008 and the provisions of the trusl deed requires the trust&s to prepare financial statements for each financial year which gNe a true and fair view of the state of affairs of the chaiity and of the inc4)ming resources and application of resources, including the ino)me and exFendrtUfe. of the charity for that pertod. In prepanng those financial statements, the trustees are required to ' select suitable accounting poliues and then appty thern con&stenty. ' observe the methods and principles in the Chafity SORP", . make judgernents and estimates that are reasonable and prudent ' prepare the finanual statements on the going cOnM basis unless it is inappropriate to presume that the Charity will continue. The trustees are responsible for keeping proper accounting r)[$ which disch)se wth reasonable QU[aCY at any time the financial p)sition ol the charity and to enable them to ensure that the finanaal statements comply wth the Charities Act 2011, the Charity { Accounts and Trustee and General Secretary are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention and detection of fraud and other irreguL8rities. Approved by order of trustees on 8th December 2024 and signed on lis behalf by '. Abdul Alim Rehman
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF HENDON MOSQUE & ISLAMIC CENTRE I have audited the financial statements of Hendon Mosque & Islamic Centre for the year ended 31 March 2024 on pages 8 to 14. The financial repotb.ng framework that has been applEd in their preparation is appli1ble law and the United Kingdom Accountsng Standafds l United ngdoM Generalty Apted Accounting Practice}. including FRS 102 ' The Financial Repoitng Standard applicable in the UK and Republi¢ of Ireland,. This report made solety to the Chartty's trustees, as a b. in x¢ordan th section 144 of the Chariknes Act 2011. and regLtlations made under Section 154 of that ACL My audit work has been undertaken so that I might state to the charity's trustees those matters l am required lo st*e to them in an auditoffs report and for no other pufF)ose. To the fullest extent permitted by law, I do not avEpt or assume reswnsibilty to anyorse other than the Charty and the Charitls trustees as a body, for my audit rew¢ or for this repor¢ or for the opinions I have fomied. RESPECTIVE RESPONSIBILMES OF TRUSTEES AND AUDoRs As described on page 2 the charity's tnjstees are responsible for the preparation of financial statements in accordance with applicable law and United lQngdom Accounb"ng Standar(Is. My responsibility is to audit the financial slatements in a>2)rdan with relevant legal and regulatory requirements and Unrted knngdom Auditing Stsndards. I have been appointed as auditor under Section 144 of the Charibes Ad 2011 and report in accordan with regulations made under Section 154 of that Act My responsibility is to audit and express an opinion on the ffinancial statements in a(rdance with appliGable law and International Standards on Auditing l UK ands IreL2ndl. Those standards require me to compty with the Auditing Practices Board's ethic21 Standards for Auditors. Basis of opinion I conducted my audit in accordance vthh United lfjngdom Auditing Standards iss1j by the Auditing Practice Board. An audit includes examination on a test basis, of ewdence rdevant to the amounts and disclosures in the financial statements. It also includes an assessment of the swJnificant estimates and judgements made by the trustees in the preparation of the financial statements. and of whether the accounting policies are appropriate to the charitvs Circumstances, Consistenty applied and adequatety disd05ed. I planned and perfomed my audit so as to obtain all the information and exptanaknons which I considered necessary in order to provide us wrth sufficient eviden to gNe reasonable assuran that the financial statements are free from misstatement, whether caused by fraud or other irregulanty or error. In foming our opinion we also evaluated the overall adequacy of the presentation of infonnatson in the finanal statements. Opinlon In my opinion the finanaal statements ". . give a true and fair view of the slate of the chariVs affairs as at 31st PAarch 2024 and of ils incoming resources and applicable of resources for the year then ended", . have been properly prepared in ai%ordance with United lQngdom General Apted Accounting Practice. applicable to Smaller Entitses . and ' have been prepared in accordance wth the requiremerrts of the Chartties Act 2011. matte on whi¢h l am required to report by exception I have nothing to rewrt in resFect of the follwng matters vthere the Charities Act 2011 require us to report to you if. in my opinion.. . Ihe information gNen in the Rert of the Trustees is inwnsistent in any material respect wth the financial statements . sufficient accounting records have not been kept or I have not received all the information and explanations I require for my aud 8th Dernber 2024 Akbar ouglay I Statutory Auditor) for and on behalf of Lewis Associates, Slatutory Auditor Eligible to act as an auditor in temis of sect 1212 of the compan Act 2C
HENDON MOSQUE & ISLAMIC CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Total Funds 2024 Total Funds 2023 Note Funds Funds Incoming resources Incoming resources from generattng fvnds: Voluntary income Incoming resources from charitable ac*vtties." Investment income 413.458 667.154 107,138 520,596 667,154 190733 447,351 667,154 190 733 1.271,345 107,138 1.378.483 1.305.238 Total IncomlTrg Resources Resources gxpended Costs of charitable actiVitS Govemance costs Donations 715.044 4,980 715,044 4,980 113,600 715.044 4,980 126,234 113,600 Total Resources Expended 720,024 113.600 833,624 846.258 Net Incoming Resou¢$ For The Year 551.321 {6.462} 544,859 305,792 Net Movement In Funds Trdnsfers Funds balance brought as at 1st April 2023 (7.322) 7,322 4.509.843 12.719 4,522,562 4,216,770 Funds Balances carried Forward al 31 March 2024 5,053,842 13,579 5,067,421 4.522.562 The Statement of Financial Activ$ include all gains and losses in the year and thefore a statemeni of total recognised gains and losses has not tÉen prepared All of the above amounts relate to continuing actvittes The notes on pages 7 to 10 form ar¢ integral part of the financial statements
HENDON MOSQUE & ISLAMIC CENTRE STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2024 Fixed Assets Note 2024 2023 Tangible Assets 3,498,009 3,472,742 Current Assets Other debtors Cash al bank and in hand 10 11 112,804 1483 597 6,365 1092 683 1596 401 5.094.410 4,571.790 Crgditors: Amounts falling due less than one year 12 Net Assets 5.C67,421 4,522.562 Funds of the Charity 2024 2023 Unrestricted Funds: General Purposes bjnd 13 5,053.842 4.509,843 Restricted Funds: Zakat & Sadqa fttnd 13 5,067,421 4,522,562 Approved by the Board of Trustees on 8th December 2024 and signed on its behalf by Trustee and pIdent ..TTVStee and Treasurer Mohammad Faki Ahmad Mehdi Sayed Mustaq Rehman The notes on pages 7 to 10 fomi an integral part of the financial statements.
HENDON MOSQUE & ISLAMIC CENTRE STATEMENT OF CASH FLOWS AS AT 31 MARCH 2024 2024 2023 Cash flows from operating activities Cash generated from operations 15 336.(E7 138,597 Investing activities Investment income receNed PUhase of tangible fixed assets 183,034 169,337 (28.1871 Financing activitos Repayment of Loans 100000 Net (decrease) l increase in cash and cash equivalents 390.914 307.934 Cash and cash equivalents at beginning of year Cash and Cash equivalents at end of year 11 1.483.597 1,092.683 The n¢)tes on pages 7 to 10 fomi an integral part of the financial statements. -1
NOTES TO THE FINANCIAL STATMEPtrs FOR THE YEAR ENDED 31 MARCH 2024 1. Accountlng Policies 1.1 Basis of preparing the financial slatements The financial statements of the charity, which is a public benefft entity under FRS102, have been prepared in accordance wth th Charities SORP ( FRS 1021 ' Accounting and Reporting by Chariti"es: Statement of Recommended Practice appIlble to charities preparing their accounts in accordance wtth the Financial Reporting Standard applicable in the UK anij Republic of Ireland IFRS 1021 ( effectNe 1 January 2015).. Financial Repthng Standard 102 ' The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The fifianCl slatements have been prepared under the histotical cost convents'on. 1.2 Golng Concem There are no material uncertainties aboLrt the Chartys abilty to ccffltinue. LiabilitTres are reu)gnised on the accnjals basis basis in accordance wrth normal accounting principles. modnled where necessary in accordance yth the gUance gwen in the Ststement of Recommended Practice and Reporting l effective March 20051 issued by the Charity Commission. 1.3 Income All income is recognised in the Standard of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be r4Ved and the amount can t* measured reliabty. 1.4 Expenditure Liabilities are recognised as expenditure as soon as there is a legal or c#)nstnJcbve obligation committing the charity to that expendrture, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expendrture is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where o)sts nn0t be directty altributed to parbcular headings they have been allctated to activities on a basis consistertt vth the use of the resources. Expenditure include VAT where appIlble as the company cannot rlaIM it 1.5 Tangible fixed assets for use by the charity and deprecialion Fixed assets arw staled at Cost less accumulated depreciab"on. The freehohd properb.es are valued at hnstoric cost and not depreciated, as these are considered to have a usefvl Itfe greater than 50 years and so any depreciatson charged is immaterial. Depwialion is provKled at the followlng annu81 rates in order to wrrte off each asset over rts est'mated usefijl life. Furniture, fixtures and equipment Motor vehicle 10% stratght line basts 10% straBJht line bas 1.6 Taxation The charity is exempt from tax on its charttable activibes. 1.7 Pension costs The charity operates a defined contribution pension stheme. 2. Voluntary Income Donations Unrestricted Restricted Funds Funds Total Funds 2024 Total Funds 2023 Donations- Friday Collections and subscriptions Donab"ons- Zakat & Sadqa funds Donations- Public appeals 413.458 413,458 59,268 47,870 78,167 31,402 6,770 59,268 47,870 413,458 107,138 520,596 116,339 -11-
HENDON MOSQUE & ISLAMIC CENTRE NOTES TO THE FINANCIAL STATMENTS FOR THE YEAR ENDED 31 MARCH 2023- continuod Total 2024 Totsl 2023 3. Incoming resources from charitable actlvitles Islamic Funeral SeNi Madrasa Fees Sale of UHF radio relay receivers and fans Sale of Islamic ¢alendars Sale of educational books and misc fees 446,257 214.276 1.170 1,717 3.734 462,666 219,114 1,983 940 2.857 667,154 687.560 Tolal 2024 Total 2023 4. Investment income Income from investrment properties Gain on disposal of tangible fixed assets 183,034 7,699 190733 169.337 169,337 Totsl 2024 Total 2023 5. Costs of ¢haritable actfvftles Islamic fvneral costs Islamic Calendars UHF radio relay receivers and fans Salaries including NIC Pension Costs Council tax and rent Light, heat and water Prtnting, postage and ststionery l.T and Soare costs Educats'onal books etc Telephone and intemet Insurance Repairs and renewals lftari expenses Subscriptions and affiliation fees Cleaning and miscellaneous expenses Depreciation 362,905 1.620 1,888 250,761 1,488 11,013 22,253 498 2,400 4,117 5.955 6.873 18,738 4,132 50 14,555 5,799 380,517 1,550 3.440 275,112 1,706 1,656 18,1Ck5 1,767 2,490 2,886 3,333 10,949 47,853 1,418 50 10,555 2,980 766.368 Total 2024 Totsl 2023 6. Governance Costs Legal and professional Bank charges 653 4.327 2.492 4,980 6,336 -12-
HENDON MOSQUE & ISLAMIC CENTrE NOT.ES TO THE FINANCIAL STATMENTS FOR THE YEAR ENDED 31 MARCH 2024- continued Total 2024 Totsl 2023 7. Donations Donations - Zakat and Sadqa Donations- Public appeal 63,000 50,600 57,989 68,245 113.600 2024 2023 8. Staff costs Wages and salaries Pension costs 250,761 1,488 275.112 1,706 No remuneration was paKI to trustees in the year. nor We any trust&s' expenses daim&J. The staff costs were.. The average weekly numbw of staff employed calc#Jlated as fu114ime equwants during the year was as follows: 2024 2023 Administrative & educatrn 18 18 No employ receNed remuneration of more Ihan £60.CKKI. Freehold Land & Fumlture & Building Equipment 9. Schedule of Tangible Assets Motor Vehicle Total Cost Balance brought forward Disposals during the year Additons during the year 3.451,782 1%.695 61,1( (31,308) 3.709,583 (31.3081 3,451782 196,695 57.985 3.706,462 Depreciation: Balan brought forvrard Disposals during the year Charge for the year 1,694 37,267 {31,307) 5,799 11.759 233,961 {31,3071 196.694 239,760 Net Book Value As At 31 March 2024 3 451.782 46,226 3 498,009 As At 31 March 2023 3.451.782 3.472,742 -13-
HENDON MOSQUE & ISLAMIC CENTRE NOTES TO THE FINANCIAL STATMENTS FOR THE YEAR ENDED 31 MARCH 2023 - continued 2024 2023 10. Debto other debtors 112,804 11. Cash and cash equivalents 2024 2023 Cash at bank and in hand 1,483 597 12. Creditors: Amounts falling less than one year 2024 2023 Accruals 26,989 49,228 13 At 31 March 2023 At 31 March 2024 General reseNe Income Expendlture Transfer General Purposes FurKI 4 $09 843 1271345 5 053 842 Rastricted funds Designated ftsnds.. Zakat & Sadqa a(rnunt 113600 Total Testricted funds 4 522,562 1378.483 833.624 5.C67,421 The General purposes fijnd represents the free funds of the charity which are not designated for paTticular purposes. Restricted Funds - The Zakat and Sadqa hjnd are fvnds under which spectfic monies are received by the members and the local community which is applied stricty according to Islamt law and distributed amongst the specific Muslim charities thorough the world. 14. Related Party Dlsclosures There were no related party transactions for the year. 15.Rgconcillation of Net Income to Net Cash flow from Operntion Actsvites. 2024 2023 Net Income for the reporting period ( as per Ststement of Financial AGtivites) 544,859 305,792 Adjustrments for. DeprecÉation and impaimient of tangible fixed assets 5,799 2,980 Movements in worksng ¢aFtal. I Increase) in debtors Increasel ( decrease) in creditors 1236,830) 3,398 Net cash provided by opérations 336.(ffj7 138,597 -14-
HENDON MOSQUE & ISLAMIC CENTRE FOR THE YEAR ENDED 31 MARCH 2024 DETAILED STATEMENT OF FINANCIAL ACTlVtnES Total 2024 Total 2023 Incoming resources Donations - Friday Collections and subscriptS Donations- Zakat & Sadqa fiJnd$ Donations- Public appeals Islamic Funeral Services Madrasa Fees Sale of UHF radio relay receivers and fans Sale of Islamic calendars Sale of educational books and misc fees Income from investment properties Gain on disposal of tangible fixed assets 413,458 59,268 47,870 446,257 214,276 1,170 1,717 3,734 183,034 7,699 270,942 69,548 41,861 462,666 219.114 1,983 940 2,857 169,337 1,378 483 1.239,248 Rosources expended Sslamic funeral costs Islamic Calendars UHF radio relay receivers and fans Salaries including NIC Pension costs CoEJncil tax and rent Light, heat and water Printing, postage and stationery l.T and Sofre costs Educational books etc 362,905 1,620 1,888 250,761 1,488 11,013 22,253 498 2.400 4,117 380,517 1,550 3,HO 275.112 1.7C 1,656 18,106 1,767 2,490 2,886 E 11 Telephone and internet Insurance Repairs and renewals Sftari expenses Subscripttons and affilkation fees Cleaning and mixellaneous expenses Depreciation Legal and professtonal Bank charges Donations- Zakat and Sadqa Donations- Public appeal 5.955 6,873 16,738 4,132 50 14,555 5,799 653 4,326 63,000 50,600 3.333 10,949 47,853 1,418 50 10.555 2,980 2,492 57,989 68,245 833,624 898,938 Net Incomlng Resou¢es 544,859 340.310 -1