Company rnglstration number 1857716 (England and Wales} Chartty r•glstratlon number 290494 (England and Wales) CENTRAL MOSQUE OF BRENT CHARITY ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
CENTRAL MOSQUE OF BRENT CHARITY LEGAL AND ADMINISTRATIVE INFORMATION Tru$t••s Dr Raja Amjid Ria2 Ichaimianl Mr Zaffar Iqbal (Secretary) Mr Dil Mohammad Mr Mohammad Nazw Mr Abdul Rauf Mr Tariq Mahmood Oar Mr Naar Iqbal Khan Mf NazirAhmad Nazir Mr S Zaman (Appointed 25 Decernber 20241 (Appointed 25 December 20241 MrA Hussain Secretary Mr Zaffar Iqbal ISe¢relaryl Country ol Incorporatlon United Kingdom (England and IhÈle$) 1857716 CharSty r•gl•trntSon England and Wal8s 290494 Prln¢lp*l addrn•• Marffry Walk Station Parade Ilesd8n Green London Unitèd Kingdom NIK2 4PU R•gl$tsr•d offl¢• ststion Parade Lennon Road Ilesden Green London NW2 4PU Audltor Reddy Siddiqui LLP 18>189 Thg Vale Acton London Unrted Kingdom W3 7RW
CENTRAL MOSQUE OF BRENT CHARITY CONTENTS Pag? Tw$lee$ report Slalemenl ol Trustèe$ resrrt)n$lbilil Ind•p•ndenl audilorfs report Slalemenl of financial adNittes 8alance sheet Notes to the finan¢i•l slatemonls 9-17
CENTRAL MOSQUE OF BRENT CHARITY TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual and finan¢ial statements for Ihe year ended 31 March 2025. The finanual statements have been prepafed in accordance vrilh the accounb.ng pOl@S set OLrt in note I to t financial statements and comply wth Ihe charty's governing document. the Companies Aot 2006. FRS 102 "The Finan¢lal Reporting Standard applicable in the UK and Republ of IfeLind" and the Charities SORP "Accounting and Reporting by Charities. Statèmènt ol Recommended Practice appluble lo charities prepanng their accounts in accordanrE with Ihe Finanryal Reporting Standard applKable in the UK and Republ of Ireland IFRS 1021" Obj•ctiv•s and activiti•s The principal aclivily ol the charity duiing Ihe yw ¢ontinu•d lo be ihai of an eslablished mosque and religious school. PublA¢ benefjl The Truslees have paid due regard lo guidance issued by the Charty CommilOn in decidin9 what acitviit8s th& ¢harity should und8rtake. A¢tivili&$ The rosulls for lh• year are shown in slatemenl of finaal acliwties indudirKJ inm@ and expondilure a¢¢ounl.
CENTRAL MOSQUE OF BRENT CHARITY TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Achkv•monts and p•rfornianc• The year 2024r25 was on¢0 again a very succes51Lrf year and wè fulfilled many of our aims for the Central K4osque of 8renl Charity. The year included b8MIng winnéts at the London Faith aTrJ Behef Awards (Dangoor Awards) for the lourth year out of the last five years. Th8 Central Mosque ol Brent Charty has continuèd wrth its communrty projects expanding them further. We now h8ve completed years running a weekly community cafè where over 150 individua15 are given a frea hot mèal at three urse hot meal as well as continue to expand our surplus lood market which currently run5 thrice woÈkly on a Monday Wednesday and Friday supporting over 2C() households weekty. We have further expanded our community gym and have 81s0 introduced Boxing dasses for the community again free of charge. The Cenlral Mosque of BTenl has been committed to prowding excellent seNces lo the ¢ommunrty for many years but also shown great leadership during then pandemic and now continuing lo look after al the local community through the current cost ol living and energy $1$. It has engaged in multiple c4Jmmunty basod propcts induding the largest Covif&19 vaccAnalion Progranwne w) the UK (delivering over 14 XI doses). The Heallh and M¥di¢al Education CenlTe localed next to the mosque has continued lo have Tegular Health ¢h&¢ks including blood glu¢ose, Blotsj pressure. pulse, oxygen satura.0n. BMI as well as weighl. Furthermore we alongside CPL are Continuing wlh the National Covid-19 Booster carnpan 2025 Ispringl. This is alongside re9ular CPR training, a series ol lectures and sèminars and workshops in¢re¥sing Can¢ef awareness through a granl Irom NWL NHS amon9St the l¢)cal ¢ommunrty th& rat&$ ol which are increasing more that Ihg national average as well as a Measl8s awareness campaign. The Canlral Mosque ol Brent is located in the south of ihe London Borough o18iènl which 1$ amongst the lowesl 10th percéntile in MeaSurae indicators such 8$ educalional attainmenl. poverty. de8lh$ from Cowd-19 and employmtnl. It is the second mosl cuhural diverse Borough within the country with over 100 differènt languagos being spoken and re¢enlly been a magnet lor migrants. a$uM Seekers and immigfanls. We wanled lo engage the whole community and bein9 one of the mosl active mosque5 m the country shmng greal leadership and providing services heatth relate<l. social and communty based SeThi¢. They ha $wn innovative ways Its enhance community engagement and inlegration. We have further started Tegular cc¥npuler 8nd IT edLtcational dasses for adults is •sswatlon with FESC. Finaly we have ¢ontinu•d to prowde free ladies gym and sewin9 dasses. The lollowlng year will see us k)ok lo slart work on ouf EdLUtKJn laality and Lknary as well as the Roof lop garden for which w& have obtained planning permission. Further during Ramadan 2026 we aim lo erect a n&w o¢¢es$ passenger lift allowin9 access to all floors for the disabled. elderfy and infirm. Flnanclal review Please refer to slalemenl of financial acliwes. Rese0$ polKy It is Ihe policy ol the ¢barily that unrestricted funds whth have rwt been dèsignaled lor a specific use should b¥ maintained al a level equivalent to bètween Ihree and month'5 expendrture. The Trustees consider Ihal reserves at this level will ensure that. in the event ol a signfficant drop in fvnding. they will be abk to continue Ihe charity's current aclivities while consideration is given lo ways in which additional ftJnd$ may raised. This level of reserves has b¢en maintained throughout the year. Major risks The Trustees have asse55ed the major risks lo whth the charity is exposed. and arè satisfied that systems are in place lo mitigate exposure to the rnajor rtsks. Structur•. go¥•manc• and managemmt Thè Ixjmpany is a regislered charty and a ¢ompany limited by guaranlee wihoul having any share capital.
CEKfRAL MOSQUE OF BREKf CHARrrY TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (cokifiNUED) FOR THE YEAR ENDED 31 AIARCH 2025 {S•ry¢l•ry) rh Rai Rwz {Ch•irffAn) 11) FRCSIEThJl Pho Tn
CENTRAL MOSQUE OF BRENT CHARITY STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Twslees. who are ako the diTectOTS of Central Mosque of Brent Charity for Ihe purpose of company law, are responsible for preparing the Twstees Report and Ihe finanaal statements in accordance with applicable law and Unrted Kingdom Accounting Slandards (United Kingdom Generally Accepted Accounting PrxtLèl. Company law requires thè Trusteès tty prepare financial stslemenls lor eath financial yea¥ which give a true and fair view of the state of affairs of the chanty and of the incoming resources and application of resources, includin9 the inc¢)m8 and expenditure. of the tharitable company for that year. In preparing these financAal statements. the Trnstees are required lo= s6lect suitable accounting poliaes and Ih&n apply them nsiSt•At1y- observe the methods and piinciples in thè Chari11è5 SORP". make judgtrmenls eslimales thai are reasonable and prudenl.. Slaté whether applicable UK A¢counts"ng Siandards have been followed. subject to any malerial departur9$ disclosed and explained in the financial statements.. and prepare the finanal statements on the going concem basis Un$8 it is inappropriale lo presume that th& charity will continue in operaln. The Tw$le&s are r¥spon$ible for keepin9 adequalo accounling itld6 Ihat disdose with reasonab accuracy al any limè Ihè financial position ol th& ¢harily and enabk them lo ensure that the financial slalemen15 comply with the Compani&$ Act 20C6. They are also responsible lor saleguarding the assets of the charrty and hence for taking reasonable steps for the prtrvenlion and delection ol Iraud and olher irregularities.
CENTRAL MOSQUE OF BRENT CHARITY INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF CENTRAL MOSQUE OF BRENT CHARITY Oplnlon Vve have audited the financial Statements of Gentral Mosque ol Brent Chanty (the 'chanty'l for the year ended 31 March 2025 which comprise the statemenl of financaal actiwlies. the balance sheet and notes lo the financial stalemenls, including signilicant accoLtnting policies. The financial reporting framework that has been applied in their preparation is applicable law and Unrted Kingdom Accounting Slandards, induding Financial Reporting Standard 102 The Financial Reporting Standard applicablè in Ihe UK and Republic ol Ir#land (United Kingdom Generally Accepted Accountin9 Praclicel. In our opinion, the financwl slaternenls.. give a Irue and lair view of thè slale of Ihe tharitable companys affaits as al 31 March 2025 and of its inctsrning resources and application of resources. lor the year Ihen ended.. ha b••n properly prepar8d in a¢cordanu wilh Unit4d Kingdom G•n&ralty Ac¢¥pt¥d A¢¢ounling Proth'c¢", and hav8 b88n prepared in accordance wth thè requir8ments ofthe Companiès A¢t 2008. B•h for oplnlon Wa conducted our audit in a¢¢ordan¢e %lh Inlemalional Standard$ on Au¢Jiting IUKI IISAS IUKII and applicable law. Our rèsponsibilitiès undèr tho$& startdafds ar& further desb in th& AuditoPs r&sponsibtlili$s for th& gudil of Ihe fin8nug1 $181ements s&¢tion of our rort. We are independenl ol the Charty in accordance with the elhi¢al rtsquirtmenls Ihal are relevant lo Our 8udil ol the finanryal 51¥temenls in the UK. including Ihe FRC'5 Ethical Slandard, and we have luifilled our other ethical responsibilit$ in accordance wrth these requiremen15. We believe th81 the audit ew¢Jèn¢e we ha oblained is sirficient and 8pproprbate lo wovidè a basis fof our opinion. Concluslons r•latlng to golno conc•m In auditing Ihe financial slalemenls. we have concluded Ihal the Trustees use of Ihe going concern basis ol accounting in the preparation of Ihe financAal statemenls is appropriate. Based on Ihe work we ha perfomwd. we ha not idlIf any malerial uncertainlies ralating to &wnl$ or conditions that, individually or collectivèly, may cast si9nificanl doubl on the ¢hanty's ability lo Continue as a going ¢on¢¥m lor a period ol at laa$l twelvg months from wn t financial $latom•nts ar¥ aulhorised for issue. Our responsibililies and the respon8trbiliti&s of thè Twslaos Mlh resped lo gn0 concern are described in the relevant Sections ol this report. Oth•r Inforniatlon The other inlormalion comprises Ihe information induded in the annud Teport olher than Ihe financsal statements and our audil0rf5 report Ihereon. The Trustees are responsible lor Ihe other inlomalion contained wilhin Ihe annual reporl. Our opinion on the financial siatements doe5 not cover the olher infomation and we do not express any form of assurance condusion thereon. Our responsibilrty is to read Ihe olher information and. in doing so. consider whether Ihe other information is malerially inconsistent vrith the financial statements or our knowledgè obtained in the course of the audit. or otherwise appears lo be materially misstated. If we identfy such material inconsistencies or apparent material misstatements. we are requir8d to delemiina whether this gives risa to a matèrial misstatemant in the financial statements themSelS. If. based on the work we have pèrfomed. wè condudè that IherÈ Is o material mi$slatèmenl of this olher inf0nnaln, we are required to ieport that fact. We have nothing lo report in this regard. Matters on which we are required to report by exception We have nothing lo report in re5pecl ol the folkjwng matters in relation lo whic the CharitS IAccounls and Reporfsl Regulation5 2008 requires us lo report to you rf. in our onIon.. thè information given in the finarrial statements is inconsistent in any malerial respéct with the Trustees port." or sufficient accounting records have rw)t been kept; the financial statements are not in agreemenl with the accounting reo)rds.' or we have nol received all the info¥mats"on and eXplanaln5 we require for our audit.
CENTRAL MOSQUE OF BRENT CHARITY INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF CENTRAL MOSQUE OF BRENT CHARITY Rospon$lbS1111•$ of Tru$t••$ As explained more fuNy in Ihe statement of Trustees responwbilrt$. the TFu$lees. who are also the directors of the charity for thè purpose of company law. a rèsponsible lor the preparation of the financi81 slalernents and for being satisfied that they give a tnJe and lair view. and lor suth intemal control as the Trustee5 detemiine is necessary to enable the prepafation of finan¢i81 st8temèni$ that are free from matenal misstatement. whether due to fraud or èrror. In weparing Ihe financjal slatements. the Trustees are responsible lor assessing the charity's ability to continue as a going concem. disclosing. as applICae. matters relaled to going concem and using the going concem basis of accounting unless the Trustees erther intend lo Ibjuhlate the charitable company or to c&a operatrons, or have no realistic altematNe but to do so. AudIto$ r•$pon$lblIltl for th• audlt ol th• finan¢l41 ¥tatsments We have been appointed as auditor under sedion 144 of the Charrt$ Acl 2011 and feplyt In acctrdance with the Act and relevant règulations madè or having effect thereunder. Our objeclives are io obtain reasonable assurance ab(yJt wh8thef th• rMan(a statements as a whol8 aro fra& from material misstatement, whelher due to fraud or error. and to iSSLte an audrtorfs report that indudes our opinion, Reasonable assurance is a high level of assurance bul is not a guafanleè thal an audrt condu¢tgd in a¢cordanee with ISAS IUKI will always delect a material misslalemenl whèn rt exists. Misstalemenl$ ¢an ari$e Irtsrn fraud or error and are considered material rf, individually or in the 09gre9ale, they ¢ould reasonably be expeed to influenets tha economi¢ d•ci$ion$ of users laken M lh& basi$ of these finantyal slalemenis. The extent lo whld) our wocedure$ art capable of detecaiThJ irregularthes. indLJing fraud. is detailed below. A further description ol our responsibilities is available on th8 Finanoal Rewling Coun¢il's website al,. https,'Il WW4.frc.org.uklaudrtorsrespon$ibilrtte$. This descripbon lomis part of Quf audrtofs feport. U8• ol our rnport This report is mad¢ solely lo the charity's Ilustees. as a body. in accordan wilh Pari 4 of the Charities (Accounts and Reporis) Regulations 2008. Our audrl work has been undertaken so Ihal we might state to the charity's trust&ès those matters we are required to state lo them in an auditor's report and for no oth8f purposo. To tha full•$l extenl permitted by law, we do not accepl or assume responsi.1 to anyone other Ihan the ¢harity and the charlty's tTUStees as a body, lor our audit work, for thts report. or for the ownions we have fom)ed. S•em• Siddiqui (Senior St•tuiory Auditor) For and on behalf of R$iJdy Siddiqui LLP. Slalulory Audilor Chartered Accounlanls 183-189 The Vale Acton London 7RW Unrted Kingdom Reddy S¢d¢Jiqui LLP is eligle for appointment #s drttsr of the chawity by wrtue of ils eligibilAy for appointment as auditor ofa cornpany under sectson 1212 of ihe Companies Acl 2006.
CENTRAL MOSQUE OF BRENT CHARITY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unre3tricted Re$trl¢t•d fund fun(h 2025 2025 Total Unrejtrlctsd Rg$trl¢t•d lunds funds 2024 2024 Total 2025 2024 Notes Income ind •ndowm•nts from: Donations and legacies Charrtable activities Othér income 248.684 113.378 12.408 8.489 29.()) 257.173 142.378 12.408 183,933 72.5B7 11.159 17.894 104,850 201.827 177,437 11.159 Total In¢om• 374.470 37.489 411.959 267.679 122,744 390.423 harit bl Charitable activftles 243.831 8.610 252.441 249.737 27.833 277.570 Total expenditure 243.831 8.610 252.441 249,737 27.833 277,570 N•t Incom• •nd mov•mont In lund• 130,639 28,879 159.518 17,942 94.911 112,853 Reconclllatlon ol fund¥'. Fund ba¢ances al 1 April 2024 4,306.563 162.093 4,468.658 4,288,621 67,182 4,355,803 Fund balanc•• •t 31 Mar¢h 2026 4,437.202 190.972 4.626.174 4,308,563 162.093 4,468.656 The $latement of financial activilies M)du*Je$ all gains and losse5 recognised in the ye¥r. All in¢om• and exp•ndrture erlve from continuing activit$.
CENTRAL MOSQUE OF BRENT CHARITY BALANCE SHEET ASAf31 MARCH 2025 2031 2021 Not•• Pli•d •M•l4 Tthngibl• •sJels Inv•$thni proporty 3.448.774 131.563 3.491,878 82,108 11 3.571.337 3.573.704 14 402 900.799 Cash Thk •ThJ In hmd 1,078,148 1.07a.148 1.201 Cfvdllom: •mtyJnll IMIHn• du• fwlthln 24.311 4,329 1.051.837 eS6.8n Total a•••f• l•M •urr•nt ItslI• 4,830.174 4.470.6S8 ¢f•dltorn: •mounts hlllno du• •ft•r mor• th•n on• y••r p.0001 Il•t I•¢• 4.828,174 4.488.8S6 Th• fundi of th• ¢harSty R•strKtsd Incory fvrKIs Unrestrlthd fvTras 1• 190.972 4.437.202 162.093 4.3.583 4.828.174 4.488.8 The c¢ny•ny Is •ntsU•d to th• •x•ryp¥cffi frrn lh• •4KIrt rnqlar e{Klaa In Mcon 477 0ltr• CNty¥d••Ad 20CK8. frx Ihg y•ar •nd•d 31 Marth 2025. The 4'r•dw• •(n¢yle&y Ihw'r r•sp(Sibth$ for c¢mplyiryJ lth IM rnW•Nb•nts ol the 2CQS with resF•d io •Dxunbng records •nd tm w•p•r•bon offww(a•l sl•l•nxnts. ofth• Crynwi¢sAct 2008. for th# y•ar In Wd• tth $•¢kn 476. to th• smdl r•glm•. n•nryJl •t•nwrt• •ppro¥ed lry lh• AMIKI Riaz (Chawmanl Mrz (s) Ch r•gistr•tthi NHnb8f 1857716 IEThJlwKI thMI V•ts1)
CENTRAL MOSQUE OF BRENT CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Aeeountlng polleS•8 Char5ty infomiation Central Mosque ol Brgnt Charity is a privale company limiled by guarant incorporated in England and waS. The registèred office is Ststw Por¥de. Lonntsn Ro¥d. Wllesden Green. London, NW2 4PU. 1.1 8asl8 of pr•paratlon The ac¢ount5 have beèn wepaTed undèr tht histoiical o)sl GonnbOn. The entire donalion ojllected is unreslricted. To rellect this reser¥e has been transferred to unrestrcled reserve. The finanual stslem&nls are prepared in slerting. which is the functional CAJfronry of Ihe charity. Monelary amounts in these financial statements are rounded lo the nearest £. The financial statements have been prepared under the historical rst conventJn. lrnodified lo include the ravalualion ol Ireèhold pioperties and to include investmenl properties and certain financial instrumenls at fair valu&l. principal accountsng poh'¢1 odopted are out bel. 1.2 Golng ¢on¢•m Al th8 limè ol approwng lh• finanoal statemenls. thg Trustees have a reasonable expectation that th8 charity has adequale resouf¢e$ lo Continue In operational exi$ten¢e for the loreseeablè lulure. Thus the Tru$te&$ conllnu¥ lo adopt th¥ going conc•m basis of accounting in preparirKJ Ihe financial slalem•nls. 1.3 Ch•rlt•bl• fund• Unrestricted lund8 ar• availa8 for uso at discrnt)n of the TNsle•s in furthefance of their chantable objectives. Reslrided lunds are subject to sp8ufic conditi'ons by donors or grantors as lo how Ihey may be used. The purposes and uses ol the reslricled funds are set out in Ihe notes to Ihe financial slatemenls. Endowment funds are subJ'8Ct lo specific CondOn$ by donors that the caprfal must be mainlained by the charity. 1A Incorn• Income is re¢ognlsed wh&n the ¢harty 1$ legal enirtled lo rt aftèr any perform•n¢è ¢otNJrtion$ hav& begn mel, the amounts ¢an be mtrasured relobly. •nd rt is probable that income will be ¥eLived. Cash donations ale rgcognisèd on r1p1. Othèr donabon$ ara recognised onca th8 charity has beèn notifigd of the donation. unless perfomanc ¢orMlilions requi deferral of the amount. Income tax recoverable in relalion lo don8iKns rec&ive¢J undeT Grt Aid or deeds of covenant is re¢ognised al the lim& of Ihe donation. Legaciès are recognised on recthpt or otherwise rf the chaiity has beèn notsfied of an impending distribution, the amounl is known, and r&celpl is expected. W the amounl 1$ not kn¢744n, the Iggacy is Irealed as a conlingenl asset. 1.5 ExpenditUT• Liabilities are recognised when resources are expended. All expenditure is accounted for on an accrltals basis and has been classified under headings that aggregate al costs related to the category. Chanlat4e expenditure comprises t)Se costs irKuwred by the charity in the delivwy of its activities and services for rts benefi¢$ars. 11 indudes both the direct pay and non-pay o)sts and support costs relating lo those actiwt*s.
CENTRAL MOSQUE OF BRENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 AccountSng pollcl•s Icontlriuedl Govemanee costs include those costs assouated with meetirvJ ihe constitutional and statutory requirements of the ¢harity and incjude its audrt lees and costs linked to the strategic management of the charity including Iruslee expenses. 1.6 Tanglbh fix•d assèts Tangible fixed assets are inrtialty measured at cost and subsequenty measured al cost or valuation. net of depre¢iabon and any impaiment lo$se$. 08preeiation is recognised so as to write off Ihe co$l or valuation ol assets less their residual values over their useful lives on Ihg followin9 bas&$'. Land and buildings Fixtures, filling5 & equipment Complrters Motor vehi¢l&s 80% of ihe ¥ae over 100 years 20.kn Reducjng balance method 20% Reducing balanc¢ method 20•A Reducing balan¢e method The gain or loss arising on the disposal of an asset is deterniined as the drfference beeen the sale proceed$ and the carrying value of Ihe asset. and is rgniSed in the $¢alem¢nl of financial adivitiè$. 1.7 Invostmont prop•rty This represents the expenses associated with a r construction project. spfity a park, intended lor investment PUfPOS8S. 1.8 Impalrnwnt oi fix•d ••i•ts Al each reporting end dale. the ¢harity revlews the ¢arrylng amoun1$ of ils langible a$sel$ lo delemlne whether there is any indicalion Ihal those assets h8ve 5vffered an impairment loss. If any such indication exists, the r¢Ver1b1e affltwnt of thè asset ts esb'mated in order lo del8miino th& extenl of the impaimenl loss Irf anyl. 1.9 Cash and c¥h •qulval•nts Cash and eash equivalenls indude cash kn hand, d&posbt$ hgld al call wth banks, other short-lerni liquld inveslmenls with Original malunties of threè months or lèss, and bank overdrafts. Bank overdrafts ara shown within borrtswin9$ in Current liotslities. 1.10 Flnanclal instruments The charrty ha5 elected to ap Ihe provisA)ns of Sethn 11 '80$ Financial Instruments, and Se¢lKn 12 'Olher Financial Instruments Issues. ol FRS 102 to all of its financial instwmenl5. Financial instruments are recognised in Ihe charity's balance sheet when the tharity become5 party lo the contractual prows•Jns ol the instrument. Financial assets and liabilities are offset. wrth the net amounts presenled in the finanaal statements, when there is a legalty enforceable right to set off the recognised amounts and there is an inlention to settle on a nel basis of lo realise thg assèt and $&tlle the liability simuttaneoLtsty. 8a51¢ Ilnan¢l•l assets Basie financial assets. whith include debtors and cash and bank balances, are inrtially measured at Iran$a¢tion pricè inclu¢Jing transadKJn costs and are subsequentty carried at amortised cost using the effactiv interest method unles5 the arTangernent consbtutes a financing transaction. whetÈ the transaction is rnea5ured 81 the present v81ve of the fvluie receipts discounted al a mawkel rate of inleiesl. Finaniial assets das5ified as receivable wrthin one year are not amortised_ 10-
CENTRAL MOSQUE OF BRENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ountlng poll¢l•$ Icontlnuedl Basic financi•l li•bilities Basic financial liabilrties. including credrtors and bank loans are initsally recogni5ed at tTansacbon price unkss the arrangemenl consljtirtes a finanring transaCtn. where the debt instnjmenl is measured al the present value of the fulure payments discounted at a markel rate of interest. Finanual liabilities dassified as payablg thin one year are not amoriised. Debt instruments ar8 $ubsgquontty carried al amortisgd cost, using the effectwe inl&resl Tale method. Trade creditors are obligations lo pay for goods or Setr$ that have been wuired the ordinary course of operations from suppliers. Amounts payable are dasSIf as curTenl liabilities if payment is due within one year or less. If not. they are presented a5 norrfurrent lialy.lities. Trade cdItorS a recognised inilially at Ir8nsaction pric8 and subsequenlty meayjred at amortised cost using the effeclive int&r6st method. Derneognition olfinanelal Ilabllhl•s Financial liabilrties are derecognisod wn the charity's contractual obligations expira or ar8 di$¢horpd or cancelled. 1.11 Employ•• b•n•flts The cost of any unused holiday 8nbll•m8nt is r8cognised in iho perifyg in whth lh• •mp4oyee's seryl¢es art rec&ived. Termination benéfils are re¢ognised immediately as an expense when the charity is demonstrably committed lo lerminale the empk>ymenl ol an empYee or lo prowde term¥)atn benefils. 1.12 R•tlremnt b•nellts Payments lo defined contributn retirement benefrt sd)emes are ¢harged ¥8 an expense as Ihey lall due. Cr5tlcal acc•)untlng •stlmat•• and ludg•m•nts In the applicalion ol charrty's a¢¢wnling polioes. the Trustees qUIred lo make judgements. estimatès and assumptions about the ¢arrying amount ol assets and liabilities that are not readily apparenl Irom other sour¢e8. The e51imale$ and associaled assumptions are based on historical experience and olher factors th81 are ¢on8idered lo be relevanl. Actu resulls rnay differ from these estimates. The eslimales and undertying assumptions a rewewed on an ongoing ba$. Rewsions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affec1$ only that period. or in the period ol the rewsion an¢1 lulure periods wher• the affecls both current and futur¥ poriods. Incomè from donatlon# and l•gcl Unre•trictsd R•stricted fund¥ fund$ 202S 2025 Total unrestrict Rostrict•d funds fvnds 2024 2024 Total 2025 2024 Donations and gifts 248.684 8,489 257,173 183.933 17,894 201,827 11
CENTRAL MOSQUE OF BRENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incom• from Charitab a¢tiviti•• Unr•strkt•d R•strf¢tsd lund$ lund$ 2025 2025 Tot•1 Unrestricted Restricted funds fvnds 2024 2024 Totsl 202S 2024 Charltsbl• Income Charitable rental income Other income 113,378 113.378 29.CKXI 72.587 72.587 104.850 29,CO) 104.850 113.378 142.378 72,587 104,850 177,437 Oth•r Incom• Unr•8tricted Unrn8trfct•d fundj funds 202S 2024 Othef incomè 12.408 11.159 12-
CENTRAL MOSQUE OF BRENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charllabl• activiti•• 2026 2024 Staff costs Depreciation and impaimienl Insurance Light & Heat Repairs & Maintenance Telephone & Fax Sundry Expen$9$ Bank Inleresl & charges Cleaning L&g81 & Professional Printing & Slalioneri8s Renl & Rates Mortuary Expenses Sub¢onlraclor Co$1$ Ramadan Expenses Community Expense8 26,746 33,243 15,190 63,464 40.517 2,727 8,099 833 5.394 3.655 1,736 31.946 35,146 42,286 24,843 104,049 8,730 2.259 3.787 1,586 1,243 li 2.482 686 10,823 4,622 8,020 1.955 8,503 1,256 5,489 228,237 275,770 Share of ukn)vemancg co$ts1$99 nola 7) 24,204 252.441 277.570 Analy$l¥ by fund Unrestricted lsjnds Restricted fund5 243.831 8.610 249.737 27.B33 252,441 277,570 For the year ended 31 Mar¢h 2024 Unrestrictèd lunds Resiricled lunds 249,737 27,833 277.570 13-
CENTRAL MOSQUE OF BRENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs Gov•manc• costs 2025 2024 Accounlancy 24.204 24.204 1,800 24,204 24.204 1,800 Analysed betsyetrn Charitable activities 24.204 24,204 1,800 Governance costs inthd¢s payment$ to Ihe accountants of £1,250+vat12024 . £1.250vall o¢countancy fees. N•t mov•m•nt In lund 2025 2024 The nel movement in fvnd$ is slated aft•r chargingllcrediting).. Fees payable ftsr the audit of the ¢hariVs finanoal stat•ments Depreciation ol owned tangible fixed assets 24.204 33.242 1.800 35.146 Truste Non8 of the Trustoes {or any persons conne¢a•d with them} r•c•iv¢d any rgmuneration during the year. 10 Employeèi Mumber of •mploy• The average monlhfy numbor of •MoyeeS during the yew was.. 202S Number 2024 Numb•r Employee$ Employmènt ¢osts 2025 2024 Wagès and salaries Social security costs Other pension costs 26,357 192 197 30.883 803 260 26,746 31,946 There were no emoYeeS whose annual remunerab.on was £60,(KK) or more. 14-
CENTRAL MOSQUE OF BRENT CHARITY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 11 Taxation Thé chariiable company is exempt from cotIon Lix on ils ¢arilable adivities. 12 Tanglbh flx•d o$$•ts Land nd bulklinq FIx1uitt. Comput•rn Irttlny & •quipm•nt M¢knr v•hlGI•ts Cost Al 1 April 2024 Addrtions 3.693.262 81.295 31,598 13.840 3.819.995 11,867 14,927 Al 31 March 2025 3,693,262 84.355 31,598 25.707 3,834.922 D•pr•clatlon and Impalrnwnt Al 1 April 2024 Deprecio1ty)n Charged in the year 274.594 22,180 61,737 4.523 13,593 3.601 4,982 2,958 354,906 33.242 Al 31 March 2025 296.754 68.280 17,194 7,940 388,148 Carylng amount At 31 Maich 2025 3.396.508 18,095 14.404 17.767 3,446,774 Al 31 March 2024 3.418.667 46.148 18.005 8.858 3.491.678 13 Inv•$tm•nt prop•ty 2025 F•lr value At 1 April 2024 Additions through extemal acqui&lion 108,695 22,868 Al 31 March 2025 131,563 Investment property comprise$ of Costs of nstrUct of ¢8r parf(. 14 D•btor8 202S 2024 Amounts f•lling du• wlthin yèar: Other debtors 402 15-
CENTRAL MOSQUE OF BRENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Loan$ and ovèrdrafts 2025 2024 Q8rd+Ha$na 2.000 Payable after one y8ar 2.000 2,000 Olher loans is Qar(k8-Ha$na linteresl free loan) 16 Cr•dltorn: •mounts lalllng du• wlthln one y•ar 2025 2024 Other creditors Accruals and deferyed income 2.135 22,176 2,553 1.776 24,311 4.329 17 R•tlr•m•nt b•n•flt •ch•m 2025 2024 D•fin•d contrlbutlon •¢h•m• Charge to profit or bs$ in re$F¢t of defined contritr4Jlion schemes 197 Th8 charity operates a defined ntrIbution pension $¢hem& for all qual¢fying employ. The assets of the $¢hom• ar• hehj separatety from those oflhe ¢h8nty in an independentty administered lund. 18 R•strfctsd fund• The reslricted funds of Ihe ¢harity ¢omwise Ihe unexpended banCeS of donaltins arKI grants held on tryst Subject to SpeCffj conditions by dontxs as lo Ihey may be used. At 1 Aprll 2024 Incomlng v•sour¢ Resour¢•• At 31 M•r¢h •xpend•d 2025 162,093 37,489 18.6101 190.972 Prtrvious yvr: At 1 April 2023 Incoming r•sourc•s Resources At 31 March •xpended 2024 67,182 122.744 127,8331 162,093 16-
CENTRAL MOSQUE OF BRENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 AIARCH 2025 19 Unrestrlcted lund$ The unreslricted funds of the charity comprise thè urtexpended balan¢ès of donations and grants which are not subject to specific condrtions by donors and granlors as lo how they may be used. These include de6ignal•d fvnds which have b¢en set aside out of unreslncted fvnds by the trustees for specific purposes. At 1 Aprll 2024 Incomin9 r•8our¢•s Resources At 31 March •xpènd•d 2025 General funds 4.306.563 374.470 1243,8311 4.437.202 Pr•vlou• y•ar: At l Aprfl 2023 In¢omlng r•¥ourc Rotyourc•s At 31 March expend•d 2024 Gengral funds 4.28B.621 267.679 1249.7371 4.306,563 20 Analy81 of net •$•ts b•lw••n funds Unr••trlctsd lund• 2026 R•*trlcted fund• 2025 Total 2025 At 31 M4t¢h 202S: Tangiblg assels Investment properties Current asselsllliabilrtiesl Long term liabiliti'es 3.446,774 731.563 860.885 {2,000 3.446.774 131.563 1,051.837 12.0001 190.972 4.437.202 190.972 4.628.174 Unrn•trlct•d funds 2024 R••tri¢t•d lunds 2024 Totsl 2024 At 31 March 2024.. Tangible assets Invesimenl properties Current assetsll1iabrfitsI Long lemi liabilrtie5 3,491,67B 82,106 734,779 12.0001 3.491,678 82,1CkS 696,872 12,0001 182,093 4.306,563 162.093 4.468.656 17-