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2024-03-31-accounts

Registered Charity Number 293676

Forest Gate Central Masjid Trustees’ Reports and Accounts For The Year Ended 31 March 2024

Forest Gate Central Masjid Reports and accounts Contents

Page
Trustee's report 2
Independent examiner's report on the 5
accounts Statement of Financial Activities 6
Balance sheet 7
Notes to the accounts 8

Forest Gate Central Masjid Reports and Accounts For The Year Ended 31 March 2024

Reference and administration details

Charity name Forest Gate Central Masjid Registered charity number 293676 Principal address 447-451 Romford Road Forest Gate London E7 8AB

Managing charity trustees

Abdul Rokib Wahid Ali Sona Miah Gulam Mustafa

Trustee Trustee Trustee Trustee

Independent examiner M M Hossain

SF Accountant Limited Unit 20, 95 Miles Road, Mitcham, CR4 3FH

Structure, governance and management Type of governing document

Constitution adopted 29 Sep 1985 as amended on 06 Apr 1986 as amended on 21 Apr 2002 as amended on 03 Jun 2007 as amended on 31 March 2019 as amended on 21 Dec 2022.

How the Charity is constituted

Unincorporated charity

Forest Gate Central Masjid Reports and Accounts Trustees report for the year ended 31 March 2024

Objects and activities

Summary of the objects of the Charity set out in its governing document.

Summary of the main activities undertaken for the public benefit in relation to these objects

In carrying out their review of our objectives, the trustees have considered the Charity Commission's general guidance on public benefit and, in particular, its supplementary public guidance on the advancement of religion for the public benefit.

The trustees consider that the following activities provide benefit to those who worship at our Mosque.

Prayers: The Mosque is open for daily and Friday prayers

Festivals: The Mosque prepares food during the holy month of fasting called Ramadan for those attending our Mosque who wish to break their fast together.

Tajweed and Hifdh classes: Recitation and memorisation of the Qur'an are important elements of religious education and training. We continue to provide this facility in the Mosque.

Zakat: It is part of our faith that all who are able, should pay Zakat, which is collected in proportion to a person's means according to Islam for a number of specific charitable purposes. We provide the opportunity for those attending our Mosque to give Zakat, which we distribute on their behalf. The Mosque makes no charge for the collection and distribution of Zakat.

Special appeals: It is also part of our faith that all who wish to, may supplement their Zakat with sadaqah, which is optional giving for a wider range of charitable purposes. Again, we provide the opportunity for those attending our Mosque to give sadaqah, in the form of special appeals, which we distribute on their behalf. The Mosque makes no charge for the collection and distribution of sadaqah.

Forest Gate Central Masjid Reports and Accounts Trustees report for the year ended 31 March 2024

Declaration

The trustees dedare that they have approved the trustees' report above.

Signed on behalf of the Charity's trustees. Signed on behalf of the Charity's trustees.
Signature(s) …...Abdul Rokib............................................. …..........Wahid Ali..........................................
Full name(s) ….....Abdul Rokib........................................... …...........Wahid Ali.........................................
Position …......Trustee.......................................... …...........................Trustee.........................
Date ….....31/01/2025........................................... …...............31/01/2025.....................................

Forest Gate Central Masjid Reports and Accounts Independent examiner's report on the accounts for the year ended 31 March 2024

I report to the trustees on my examination of the accounts of the above-named Charity ("the Trust") for the year ended 31 March 2024 set out on pages 6 to 14.

Responsibilities and basis of report

As the Charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: …... MM Hossain ........................................ Date: …...31/01/2025..............

Mr. M M Hossain Senior Partner & Director SF Accountant Limited Unit 20, 95 Miles Road Mitcham, CR4 3FH

Member of Association of Accounting Technicians

Forest Gate Central Masjid Reports and Accounts

Statement of Financial Activities for the year ended 31 March 2024

Incoming resources (Nota 3)
Unrestricted
Funds
£
Restricted
income
Funds
£
Total this
year
£
Total last
year
£
Income and endowments from:
Donations and legacies
305,348
-
305,348
284,395
Charitable activities
-
-
-
18,827
Separatematerial itemof income
7,024
-
7,024
-
Incoming resources (Nota 3)
Unrestricted
Funds
£
Restricted
income
Funds
£
Total this
year
£
Total last
year
£
Income and endowments from:
Donations and legacies
305,348
-
305,348
284,395
Charitable activities
-
-
-
18,827
Separatematerial itemof income
7,024
-
7,024
-
Incoming resources (Nota 3)
Unrestricted
Funds
£
Restricted
income
Funds
£
Total this
year
£
Total last
year
£
Income and endowments from:
Donations and legacies
305,348
-
305,348
284,395
Charitable activities
-
-
-
18,827
Separatematerial itemof income
7,024
-
7,024
-
Incoming resources (Nota 3)
Unrestricted
Funds
£
Restricted
income
Funds
£
Total this
year
£
Total last
year
£
Income and endowments from:
Donations and legacies
305,348
-
305,348
284,395
Charitable activities
-
-
-
18,827
Separatematerial itemof income
7,024
-
7,024
-
Incoming resources (Nota 3)
Unrestricted
Funds
£
Restricted
income
Funds
£
Total this
year
£
Total last
year
£
Income and endowments from:
Donations and legacies
305,348
-
305,348
284,395
Charitable activities
-
-
-
18,827
Separatematerial itemof income
7,024
-
7,024
-
Total 312,372 - 312,372 303,222
Resources expended (Note 5)
Expenditure on:
Charitable activities
165,162
-
165,162
81,129
Total
165,162
-
165,162
81,129
Net income/(expenditure) 147,210 - 147,210 222,093
Transfers between funds
-
-
-
-
Net movement in funds
147,210
-
147,210
(54,769)
Total funds brought forward
1,297,452
-
1,297,452
1,130,128
Total funds carried forward
1,444,662
-
1,444,662
1,130,128

Forest Gate Central Masjid Reports and Accounts

Balance Sheet for the year ended 31 March 2024

Fixed Assets
Tangible assets
Note
9
Unrestricted
funds
£
1,433,481

Restricted
income
funds
£
Total
This
Year
£
1,433,481

Total last
Year
£
1,322,420
Total fixed assets 1,433,481 1,433,481 1,322,420
Current assets
Debtors
Cash at bank and in hand
10
12
-
1,020,134
- -
1,020,134
-
322,889
Total Current assets 1,020,134 - 1,020,134 322,889
Creditors: amounts falling due within one
year
Net current assets/ (liabilities)
11 - -
-
- 26,857
-
Total assets less current liabilities 2,453,615 - 2,453,615 **1,618,452 **
Creditors: amounts falling due after one year
11
1,008,953 - 1,008,953 321,000
Net assets 1,444,662 - 1,444,662 1,297,452
Funds of the Charity
Unrestricted funds
Restricted funds
13 1,444,662 - 1,444,662 1,297,452
-
Total funds 1,444,662 - 1,444,662 1,297,452
Signed by 1 or 2 trustees on behalf of all trustees
Signature(s)
….........Abdul Rokib.......................................
…..............Wahid Ali......................................
Full name(s)
….........Abdul Rokib....................................
…...............Wahid Ali................................
Position ….......................Trustee.........................
…........................Trustee............................
Date
…...........31/01/2025.....................................
….....................................31/01/2025...............

Forest Gate Central Masjid Reports and Accounts Notes to the accounts for the year ended 31 March 2024

1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011.

1.2 Going concern

There are no material uncertainties related events or conditions that cast significant doubt on the Charity's ability to continue as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view, and the accounting policies adopted are those outlined in Note 2.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period.

2 Accounting policies

2.1 Income

Recognition of incoming resources

These are included in the Statement of Financial Activities (SoFA) when:

Offsetting

There has been no offsetting of assets and liabilities or income and expenses unless required or permitted by the FRS 102 SORP or FRS 102.

Grants and donations

Grants and donations are only included in the SoFA when the general income recognition criteria are met.

Government grants

The Charity has received government grants in the reporting period.

Tax reclaims on donations and gifts

Gift Aid is included in income when received and there is a valid declaration from the donor.

Forest Gate Central Masjid Reports and Accounts

Notes to the accounts for the year ended 31 March 2024

2.2 Expenditure and liabilities

Liability recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the Charity to pay out resources, and the amount of the obligation can be measured with reasonable certainty.

Governance costs

Governance costs comprise all costs involving public accountability of the Charity and its compliance with regulation and good practice.

Redundancy cost

The Charity made no redundancy payments during the reporting period. Deferred income

No material item of deferred income has been included in the accounts.

Creditors

The Charity has creditors, which are measured at settlement amounts less any trade discounts.

2.3 Assets

Tangible fixed assets for use by the Charity

These are capitalised if they can be used for more than one year and cost at least £500. They are valued at cost. The depreciation rates and methods are disclosed in Note 8.2

Debtors

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the Charity. Subsequently, they are measured at the cash or other consideration expected to be received.

3 Analysis of income

Unrestricted
funds
£
Restricted
income
funds
£
Total
funds
£
Last year
£
Donations and gifts
312,372
-
312,372
284,395
Membership subscriptions and sponsorships
whichareinsubstance donations
-
-
18,827
Unrestricted
funds
£
Restricted
income
funds
£
Total
funds
£
Last year
£
Donations and gifts
312,372
-
312,372
284,395
Membership subscriptions and sponsorships
whichareinsubstance donations
-
-
18,827
Unrestricted
funds
£
Restricted
income
funds
£
Total
funds
£
Last year
£
Donations and gifts
312,372
-
312,372
284,395
Membership subscriptions and sponsorships
whichareinsubstance donations
-
-
18,827
Unrestricted
funds
£
Restricted
income
funds
£
Total
funds
£
Last year
£
Donations and gifts
312,372
-
312,372
284,395
Membership subscriptions and sponsorships
whichareinsubstance donations
-
-
18,827
Unrestricted
funds
£
Restricted
income
funds
£
Total
funds
£
Last year
£
Donations and gifts
312,372
-
312,372
284,395
Membership subscriptions and sponsorships
whichareinsubstance donations
-
-
18,827
Donations and legacies 312,372 - 312,372 303,222

Forest Gate Central Masjid Reports and Accounts Notes to the accounts for the year ended 31 March 2024

4 Analysis of receipts of government grants: None

5 Analysis of expenditure

Accountancy
Bank charges and
Books for madrassa
Rates & water
Depreciation
Insurance
Legal and professional
Light and heat
Sundry expenses
Printing postage
and stationery
Advertising
Repair and maintenance
Telephone
Wages
Total
expenditure on
Charitable
activities
This year
Last Year
Unrestricted
Funds
£
Restricted
income
funds
£
Total
funds
£
Unrestricted
Funds
£
Restricted
income
funds
Total
funds
2,100
2,100
2,100
2,100
10,523
10,523
1,469
1,469
771
771
652
652
2,968
2,968
-
-
-
-
-
-
530
530
3,743
3,743
16,500
-
-
-
10,678
10,678
9,751
9,751
8,161
8,161
-
-
4,613
4,613
1,456
1,456
29,734
29,734
-
-
2,073
2,073
5,912
5,912
55
55
1,165
1,165
76,456
76,456
54,881
54,881
165,162
-
165,162
81,129
-
81,129

Forest Gate Central Masjid Reports and Accounts. Notes to the accounts for the year ended 31 March 2024

6 Details of certain items of expenditure
6.1 Fees for examination of the accounts
6
Details of certain items of expenditure
6.1
Fees for examination of the accounts
Independent examiner's fees
Other fees paid to the independent examiner
7
Paid employees
7.1
Staff costs
Salaries and wages
Total staff cost
This Year
Last year
500
500
-
500
500
This Year
Last year
76,456
54,881
76,456
54,881

No employee received employee benefits (excluding employer pension costs) for the reporting period of more than 60,000.

7.2 Average headcount in the year

.2 Average headcount in the year
Charitable activities (Mosque) This Year
Last year
10
10
10
10

8 Grant-making: None

Forest Gate Central Masjid Reports and Accounts. Notes to the accounts for the year ended 31 March 2024

9
Tangible fixed assets
9.1
Cost or valuation
At the beginning of the year
At the end of the year
9.2 Depreciation and impairment
At the beginning of the year
At the end of the year
9.3 Net book value
Net book value at the beginning of
the year
Net book value at the end of the
Year
10 Debtors and prepayments
Analysis of debtors
Total debtors
Total
Freehold land &
Buildings
£
Fixtures,
fittings &
Total
equipment
£
Total
1,303,675
130,504 1,434,179
1,414,736
130,504 1,545,240
Freehold land &
Buildings
£
Fixtures,
fittings & Total
equipment
£
Total
-
111,759 111,759
-
111,759 111,759
Freehold land &
Buildings
£
Fixtures,
fittings &
Total
equipment
£
Total
1,303,675
18,745 1,322,420
1,414,736
18,745 1,433,481
This year
£
Last year
£
-
-
-
-

11 Creditors and accruals Analysis of creditors

1 Creditors and accruals
nalysis of creditors
Taxation and social security
Qard-e-Hasana
Amounts falling due within
one year
Amounts falling due after
more than one year
This Year
£
Last year
£
This Year
£
Last year
£
-
26,857
-
-
-
-
1,008,953
321,000
-
26,857 1,008,953
321,000

12 Cash at bank and in hand

2 Cash at bank and in hand
Cash at bank and in hand
Total
This year
Last year
1,020,134
322,889
1,020,134
322,889

13 Events after the end of the reporting period: None

14 Charity funds

14.1 Funds held

Special appeal fund is a restricted income fund established to collect voluntary charitable donations from individuals for distribution for specified purposes.

Zakat and fitrah collection fund is a restricted income fund established to collect obligatory charitable donations from individuals for distribution for specified purposes.

Help a Muslim family fund is a restricted income fund established to collect charitable donations from individuals for distribution to Muslim families within the UK, with either very low incomes or refugee status.

Forest Gate Central Masjid Reports and Accounts. Notes to the accounts for the year ended 31 March 2024

15 Transactions with trustees and related parties

15.1 Trustee Remuneration and benefits

None of the trustees have been paid any remuneration or received any other benefits from an employment with their Charity or a related entity this year or last year.

15.2 Trustees' expenses

No trustee expenses have been incurred.