**Charity registration number 290494 (England and Wales) Company registration number 1857716**
# **CENTRAL MOSQUE OF BRENT CHARITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|Dr Raja Amjid Riaz (Chairman)|
|---|---|
||Mr Zaffar Iqbal (Secretary)|
||Mr Dil Mohammad|
||Mr Mohammad Nazir|
||Mr Abdul Rauf|
||Mr Nazar Hussain|
||Mr Tariq Mahmood Dar|
||Mr Nayyar Iqbal Khan|
||Mr Nazir Ahmad Nazir|
|**Secretary**|Mr Zaffar Iqbal (Secretary)|
|**Charity number (England and Wales)**|290494|
|**Company number**|1857716|
|**Principal address**|Marley Walk|
||Station Parade|
||Willesden Green|
||London|
||United Kingdom|
||NW2 4PU|
|**Registered office**|Station Parade|
||Lennon Road|
||Willesden Green|
||London|
||NW2 4PU|
|**Independent examiner**|Reddy Siddiqui LLP|
||183-189 The Vale|
||Acton|
||London|
||United Kingdom|
||W3 7RW|
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees report|1 - 3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7 - 15|
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
The Trustees present their annual report and financial statements for the year ended 31 March 2024.
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 Companies Act 2006, 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)".
## **Objectives and activities**
The principal activity of the charity during the year continued to be that of an established mosque and religious school.
## _Public benefit_
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## _Activities_
The results for the year are shown in the statement of financial activities including income and expenditure account.
- 1 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **Achievements and performance**
The year 2023/24 was a highly productive and successful year for the Central Mosque of Brent.
The year included becoming winners of the KAVS in November 2023 , Beacon Award, NWL Health and Inequality Awards 2023 and the Foto for Climate Change Awards for our voluntary work for the community in relation to Health and community support for the entire local community.
The Central Mosque of Brent is the largest purpose built Mosque in North West London in addition to all the related activities of a place of worship we run a Surplus Food Market thrice weekly, a weekly community Cafe (which provides a free hot meal, hot drink and a desert to everyone) alongside facilities for having a shower and computer and WIFI facilities. We also provide free gym and sewing classes.
The Central Mosque of Brent has been committed to providing excellent services to the community for many years but also shown great leadership during then pandemic and now continuing to look after all the local community through the current cost of living and energy crisis. It has engaged in multiple community based projects including the largest Covid 19 vaccination Programme in the UK (delivering over 14 000 doses) from a Mosque as well as thrice weekly regular Surplus food Market and most recently the WG Community Cafe.
In May 2023 we opened the Health and Medical Education Centre located next to the mosque and Our Health and Medical Education Centre now regularity provides facilities for regular Health checks including blood glucose, Blood pressure, pulse, oxygen saturation, BMI as well as weight. Furthermore we alongside CPL are continuing with the National Covid 19 Booster campaign (spring). This is alongside regular CPR training, a series of lectures and seminars and workshops increasing Cancer awareness through a grant from NWL NHS amongst the local community the rates of which are increasing more that the national average as well as a Measles awareness campaign.
The Central Mosque of Brent is located in the south of the London Borough of Brent which is amongst the lowest 10th percentile in measurable indicators such as educational attainment, poverty, deaths from Covid 19 and employment. It is the second most cultural diverse Borough within the country with over 100 different languages being spoken and recently been a magnet for migrants, asylum seekers and immigrants.
With the cost of living crisis which has started to make a major impact to our local community with even those who are working struggling to make ends meet.
We wanted to engage the whole community and paired up the London Community Kitchen, Co-op Food stores, Gales Bakeries, local businesses and individual donations and offer free fruit and vegetable market, bread, rice etc to everyone who would like to have some free extra sustenance. The project started on Friday 6th October 2022 and currently runs thrice weekly on Monday and Wednesday mornings and Friday afternoons. We offer this service to everyone and have a no questions policy.
It engages the whole community so our volunteers for the project were from across the whole community from all religious beliefs, and those with none, colour, creed and sexual orientation. Everybody is benefitting from this project and we are currently supporting between 250-300 households each session (14000-15000 households per annum) thereby having a major impact on the local community.
The central mosque of brent is amongst the most active mosques in the country showing great leadership and providing services health related, social and community based services. They have shown innovative ways to enhance community engagement and integration.
From November 2023 we launched the WG Community Cafe which is run by our volunteers and provides a free hot meal with a hot drink every Friday afternoon. We also provide a hot shower facility and computers and internet facilities as well as a comfortable and warm seating area for members of the whole community to join in and utilise. We further aim to start regular computer and IT educational classes for adults and children.
Finally we have continued to provide free ladies gym and sewing classes which we are looking to expand.
The following year will see us look to start work on our Education facility and Library as well as the Roof top Gardens.
- 2 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **Financial review**
Please refer to statement of financial activies.
## _Reserves policy_
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
## _Major risks_
The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Structure, governance and management**
The company is a registered charity and a company limited by guarantee without having any share capital.
The Trustees, who are also the directors for the purpose of company law, who served during the year were: Dr Raja Amjid Riaz (Chairman)
Mr Zaffar Iqbal (Secretary) Mr Dil Mohammad Mr Mohammad Nazir Mr Abdul Rauf Mr Nazar Hussain Mr Tariq Mahmood Dar Mr Haider Zaman (Resigned 1 January 2024) Mr Nayyar Iqbal Khan Mr Nazir Ahmad Nazir
## _Recruitment and appointment of trustees_
## _Organisational structure_
The charity is single organisation.
## _Relationship with related parties_
There are no connected charities.
The Trustees report was approved by the Board of Trustees.
Mr Zaffar Iqbal (Secretary) **Trustee**
Dr Raja Amjid Riaz (Chairman) BSc FRCS(I) FRCS(Eng) PhD Trustee
Mr Nazir Ahmad Nazir **Trustee**
31 December 2024
- 3 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF CENTRAL MOSQUE OF BRENT CHARITY**
I report to the Trustees on my examination of the financial statements of Central Mosque of Brent Charity (the charity) for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the Trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, 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 386 of the Companies Act 2006.
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 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; or
- 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 31 December 2024
- 4 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
183,933
17,894
Charitable activities
**4**
72,587
104,850
Other income
**5**
11,159
-
**Total income**
267,679
122,744
Charitable activities
Charitable activities
**6**
249,737
27,833
Total expenditure
249,737
27,833
**Net income and movement in**
**funds**
17,942
94,911
**Reconciliation of funds:**
Fund balances at 1 April 2023
4,288,621
67,182
**Fund balances at 31 March**
**2024**
4,306,563
162,093|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
201,827
221,806
76,004
177,437
16,752
-
11,159
3,385
-
390,423
241,943
76,004
277,570
176,962
15,019
277,570
176,962
15,019
112,853
64,981
60,985
4,355,803
4,223,640
6,197
4,468,656
4,288,621
67,182|**Total**
**2023**
**£**
297,810
16,752
3,385|
|---|---|---|
|||317,947|
|||191,981|
||||
|||191,981|
|||125,966
4,229,837|
|||4,355,803|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 5 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2024**_
|**Notes**
**Fixed assets**
Tangible assets
**12**
Investment property
**13**
**Current assets**
Debtors
**14**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**16**
Net current assets
**Total assets less current liabilities**
**Creditors: amounts falling due after**
**more than one year**
**Net assets**
**The funds of the charity**
Restricted income funds
**18**
Unrestricted funds|**2024**
**£**
**£**
3,491,678
82,106
3,573,784
402
900,799
901,201
4,329
896,872
4,470,656
(2,000)
4,468,656
162,093
4,306,563
4,468,656|**2023**
**£**
**£**
3,489,537
82,106
3,571,643
-
789,662
789,662
3,502
786,160
4,357,803
(2,000)
4,355,803
67,182
4,288,621
4,355,803|
|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 31 December 2024
Dr Raja Amjid Riaz (Chairman) **Chairman**
Company registration number 1857716 (England and Wales)
- 6 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **1 Accounting policies**
## **Charity information**
Central Mosque of Brent Charity is a private company limited by guarantee incorporated in England and Wales. The registered office is Station Parade, Lennon Road, Willesden Green, London, NW2 4PU.
## **1.1 Accounting convention**
The accounts have been prepared under the historical cost convention.
The entire donation collected is unrestricted. To reflect this the reserve has been transferred to unrestricted reserve.
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 Income**
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.
## **1.5 Expenditure**
Liabilities are recognised when resources are expended. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both the direct pay and non-pay costs and support costs relating to those activities.
- 7 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **1 Accounting policies**
**(Continued)**
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include its audit fees and costs linked to the strategic management of the charity including trustee expenses.
## **1.6 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 60% of the value over 100 years Fixtures, fittings & equipment 20% Reducing balance method Computers 20% Reducing balance method Motor vehicles 20% Reducing balance method
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.
## **1.7 Investment property**
This represents the expenses associated with a new construction project, specifically a car park, intended for investment purposes.
## **1.8 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).
## **1.9 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.
## **1.10 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.
- 8 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **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.
## **1.11 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.
## **1.12 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **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**||
||**2024**|**2024**|**2024**|**2023**|**2023**|**2023**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Donations and gifts|183,933|17,894|201,827|221,806|76,004|297,810|
- 9 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **4 Income from charitable activities**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**Charitable Income**
Charitable rental income
72,587
-
Other income
-
104,850
72,587
104,850|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
72,587
16,752
-
104,850
-
-
177,437
16,752
-|**Total**
**2023**
**£**
16,752
-|
|---|---|---|
|||16,752|
## **5 Other income**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2024**|**2023**|
||**£**|**£**|
|Other income|11,159|3,385|
- 10 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **6 Charitable activities**
|Staff costs
Depreciation and impairment
Insurance
Light & Heat
Repairs & Maintenance
Telephone & Fax
Sundry Expenses
Bank Interest & charges
Cleaning
Legal & Professional
Printing & Stationeries
Rent & Rates
Mortuary Expenses
Subcontractor Costs
Ramadan Expenses
Community Expenses
Share of governance costs (see note 7)
**Analysis by fund**
Unrestricted funds
Restricted funds
**For the year ended 31 March 2023**
Unrestricted funds
Restricted funds|**2024**
**£**
31,946
35,146
42,286
24,843
104,049
2,006
8,730
2,259
3,787
1,586
1,243
1,955
686
8,503
1,256
5,489
275,770
1,800
277,570
249,737
27,833
277,570
176,962
15,019
191,981|**2023**
**£**
15,438
38,410
22,809
22,037
58,698
1,657
6,487
2,010
8,698
1,072
-
1,807
2,064
6,013
684
2,663|
|---|---|---|
|||190,547
1,434|
|||191,981|
|||176,962
15,019|
|||191,981|
||||
- 11 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **7 Support costs**
|**Governance**
**costs**
**£**
Accountancy
1,800
1,800
Analysed between
Charitable activities
1,800|**2024**
**£**
1,800
1,800
1,800|2023
£
1,434|
|---|---|---|
|||1,434|
|||1,434|
Governance costs includes payments to the accountants of £1,250+vat (2023 - £1,250+vat) for accountancy fees.
|**8**|**Net movement in funds**|**2024**|**2023**|
|---|---|---|---|
|||**£**|**£**|
||The net movement in funds is stated after charging/(crediting):|||
||Fees payable for the independent examination of the charity's financial|||
||statements|1,800|1,434|
||Depreciation of owned tangible fixed assets|35,146|38,410|
## **9 Trustees**
None of the Trustees (or any persons connected with them) received any remuneration during the year.
## **10 Employees**
## **Number of employees**
The average monthly number of employees during the year was:
||**2024**|**2023**|
|---|---|---|
||**Number**|**Number**|
|Employees|4|4|
|**Employment costs**|**2024**|**2023**|
||**£**|**£**|
|Wages and salaries|30,883|15,174|
|Social security costs|803|264|
|Other pension costs|260|-|
||31,946|15,438|
There were no employees whose annual remuneration was £60,000 or more.
- 12 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **11 Taxation**
The charitable company is exempt from corporation tax on its charitable activities.
## **12 Tangible fixed assets**
|**Cost**
At 1 April 2023
Additions
At 31 March 2024
**Depreciation and impairment**
At 1 April 2023
Depreciation charged in the year
At 31 March 2024
**Carrying amount**
At 31 March 2024
At 31 March 2023
**13**
**Investment property**
**Fair value**
At 1 April 2023 and 31 March 2024|**Land and**
**buildings**
**£**
3,682,563
10,697
3,693,260
252,498
22,095
274,593
3,418,667
3,430,064|**Fixtures,**
**fittings &**
**equipment**
**£**
81,295
26,589
107,884
55,400
6,336
61,736
46,148
25,895|**Computers**
**£**
31,598
-
31,598
9,092
4,501
13,593
18,005
22,506|**Motor**
**vehicles**
**£**
-
13,840
13,840
2,768
2,214
4,982
8,858
11,072|**Total**
**£**
3,795,456
51,126|
|---|---|---|---|---|---|
||||||3,846,582|
||||||319,758
35,146|
||||||354,904|
||||||3,491,678|
||||||3,489,537|
||||||**2024**
**£**
82,106|
Investment property comprises of costs of construction of car park.
|**14**
**Debtors**
**Amounts falling due within one year:**
Other debtors
**15**
**Loans and overdrafts**
Qard-e-Hasna
Payable after one year|**2024**
**£**
402
**2024**
**£**
2,000
2,000|**2023**
**£**
-|
|---|---|---|
|||**2023**
**£**
2,000|
|||2,000|
- 13 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **15 Loans and overdrafts**
## **(Continued)**
Other loans is Qard-e-Hasna (interest free loan)
## **16 Creditors: amounts falling due within one year**
|Other taxation and social security
Other creditors
Accruals and deferred income
**17**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**2024**
**£**
-
2,553
1,776
4,329
**2024**
**£**
260|**2023**
**£**
412
1,854
1,236|
|---|---|---|
|||3,502|
|||**2023**
**£**
-|
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.
## **18 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.
||**At**|**1 April**|**Incoming**|**Resources**|**At 31 March**|
|---|---|---|---|---|---|
|||**2023**|**resources**|**expended**|**2024**|
|||**£**|**£**|**£**|**£**|
|||67,182|122,744|(27,833)|162,093|
|**Previous year:**|**At**|**1 April**|**Incoming**|**Resources**|**At 31 March**|
|||**2022**|**resources**|**expended**|**2023**|
|||**£**|**£**|**£**|**£**|
|||6,197|76,004|(15,019)|67,182|
- 14 -
## **CENTRAL MOSQUE OF BRENT CHARITY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **19 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
**Analysis of net assets between funds**
**At 31 March 2024:**
Tangible assets
Investment properties
Current assets/(liabilities)
Long term liabilities
**At 31 March 2023:**
Tangible assets
Investment properties
Current assets/(liabilities)
Long term liabilities|**At 1 April**
**2023**
**Incoming**
**resources**
**Resources**
**expended**
**At 31 March**
**2024**
**£**
**£**
**£**
**£**
4,288,621
267,679
(249,737)
4,306,563
**At 1 April**
**2022**
**Incoming**
**resources**
**Resources**
**expended**
**At 31 March**
**2023**
**£**
**£**
**£**
**£**
4,223,640
241,943
(176,962)
4,288,621
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2024**
**2024**
**2024**
**£**
**£**
**£**
3,491,678
-
3,491,678
82,106
-
82,106
734,779
162,093
896,872
(2,000)
-
(2,000)
4,306,563
162,093
4,468,656
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2023**
**2023**
**2023**
**£**
**£**
**£**
3,489,537
-
3,489,537
82,106
-
82,106
718,978
67,182
786,160
(2,000)
-
(2,000)
4,288,621
67,182
4,355,803|
|---|---|
## **20 Analysis of net assets between funds**
- 15 -