## **ANNUAL REPORT AND ACCOUNTS FOR FINANCIAL YEAR ENDED 31 MARCH 2021** ## **1.0 Introduction** This report looks at various aspects regarding the finances and operation of the Cheltenham Muslim Association (CMA) for the financial year ending 31[st] March 2021. ## **2.0 Objectives** The main aims and objectives of the CMA are as defined within the Charity’s governing document ‘The Constitution’ as applied during the period ending 31[st] March 2003. Any member requiring a current copy of the constitution is able to obtain this from the secretary. The primary goals for this year have been to continue running of the Mosque and Madressa through the services of a fulltime imam, and carry out effective management and administration of the organisation necessary on a day to day basis. ## **3.0 The Executive Committee** The Executive Committee is as follows: |Chairman|: Asif Rehmanwala| |---|---| |Vice Chairman|: Gulamali Tai| |Secretary|: Khalid Tai| |Treasurer|: Tanveer Indawala| |Support Member|: Rizwan Ghalyari| |Support Member 2|: T’pu Kapadia| ## **4.0 The Cheltenham Muslim Association** ## **4.1 The Mosque** The mosque has been running smoothly since its construction completion and there is nothing significant to report. ## **4.2 The Madressa** The Imam, Maulana Ibrahim Patel has continued his excellent efforts in maintaining a high standard of Islamic education for the children within the community. The current class constitutes of 30 pupils of varying ages. ## **5.0 Other Events and Activities** ## **Finances** The CMA hold three separate banking accounts plus cash in hand giving a total cash asset value of £171,641.89 as at 31[st] March 2021. Here are the individual amounts: |Treasurer Bank Account|£0.00| |---|---| |Interest Bank Account|£0.00| |Imam Account|£171,641.89| The executive committee will dispose interest money to meet Islamic Shari’ah requirements in Ramadhan. The money will be donated to all those considered fit by the Islamic Shari’ah to receive such donations. The Imam Account is used to fund the services of the Imam. The account is supported by voluntary contributions by Madressa fees, member and various other donations. ## **Written by:** Khalid Tai Date: 20 Jan 2022 ## **Checked and Authorised by:** Asif Rehmanwala Date: 20 Jan 2022 Charlty Number 2Y4042 THE CHELTENHAM MUSLIM ASSOCIATION ST 31 March 2021 THE CHELTENH OCIATION FINANCIAL REPORT- CONSOLIDATED ACCOUNTS 31" MARCH 2021 LUAH MADRESA FEES MEMBERSHIP RENT416 REKf418 HMRCJRS GIIANT RENT DEPOSIT EID AL.ADHA LILLIH OThER FThR £ 5,831.98 1.13750 1,600. 6,140.rJ) E 6810.00 7.734.82 431.01 7.38 131.LKI £ 31.223.69 PEN NEf SAiA HMRcfAX & N.1 PENSION unLmES COUNCIL TAX COVID EXPENSES INSURANCE REPAIRS OThER TELECOMMUMCATIONS FITR HADIYA £ 15,413.28 £ 3.06853 1260.C 2501.C 136.46 300.C4) £ U45.41 S20.￿ 503.00 o.oj 1.00 400.00 £ 25,428.68 WEr £ 5795.01 THE CHELTE HAMM ASSQCIAnON FINANCIAL REPORT- ACCOUNT BALANCE AND MONTHLY CASHFLOW ST 31 MARCH 2021 MONTH INCOME L219.Q) EXPENDITURE 2,314.34 1.294.41 1,777.96 1.86S.95 1,794.41 1,762.81 3.151.92 2,139.87 2,357.54 2,628.44 2,539.85 1,801.18 PROFifiLOSS 11,095 341 1,594.93 861.01 109.23 739.42 2,109.20 1172.921 1219.40 458.46 644.46 1817.01 I,S82.97 -20 Jun-20 Jul-20 Au8.20 Sep-20 Oct.20 Nov-20 Dec.20 Jan-21 Fe￿21 Mar-21 2,638.97 L975.18 2,533.83 3,872.01 2,979.1)0 L920.47 2.816. 3,272.90 1,722.84 3.384.15 TOTAL 3&223.69 25A28.68 795.01 CMA 8APIX ACCOUNT: I#Aprfl 2020 startln8 balance: 31. Marth 2021 closing ￿lanCe. £165.846.88 £171,64L89 VERIFICATION: We certify thal the above 3 statements are accuf8le finandal reports lor the finan¢lal year en(Mn8 31Jl Marth 2021. Prepared by: T•nweer Indawala (Trea Approved by., Aslf Aehmanwala ICh•lrmanl.-.. ## **ANNUAL REPORT AND ACCOUNTS FOR FINANCIAL YEAR ENDED 31 MARCH 2021** ## **1.0 Introduction** This report looks at various aspects regarding the finances and operation of the Cheltenham Muslim Association (CMA) for the financial year ending 31[st] March 2021. ## **2.0 Objectives** The main aims and objectives of the CMA are as defined within the Charity’s governing document ‘The Constitution’ as applied during the period ending 31[st] March 2003. Any member requiring a current copy of the constitution is able to obtain this from the secretary. The primary goals for this year have been to continue running of the Mosque and Madressa through the services of a fulltime imam, and carry out effective management and administration of the organisation necessary on a day to day basis. ## **3.0 The Executive Committee** The Executive Committee is as follows: |Chairman|: Asif Rehmanwala| |---|---| |Vice Chairman|: Gulamali Tai| |Secretary|: Khalid Tai| |Treasurer|: Tanveer Indawala| |Support Member|: Rizwan Ghalyari| |Support Member 2|: T’pu Kapadia| ## **4.0 The Cheltenham Muslim Association** ## **4.1 The Mosque** The mosque has been running smoothly since its construction completion and there is nothing significant to report. ## **4.2 The Madressa** The Imam, Maulana Ibrahim Patel has continued his excellent efforts in maintaining a high standard of Islamic education for the children within the community. The current class constitutes of 30 pupils of varying ages. ## **5.0 Other Events and Activities** ## **Finances** The CMA hold three separate banking accounts plus cash in hand giving a total cash asset value of £171,641.89 as at 31[st] March 2021. Here are the individual amounts: |Treasurer Bank Account|£0.00| |---|---| |Interest Bank Account|£0.00| |Imam Account|£171,641.89| The executive committee will dispose interest money to meet Islamic Shari’ah requirements in Ramadhan. The money will be donated to all those considered fit by the Islamic Shari’ah to receive such donations. The Imam Account is used to fund the services of the Imam. The account is supported by voluntary contributions by Madressa fees, member and various other donations. ## **Written by:** Khalid Tai Date: 20 Jan 2022 ## **Checked and Authorised by:** Asif Rehmanwala Date: 20 Jan 2022