## **ANNUAL REPORT AND ACCOUNTS FOR FINANCIAL YEAR ENDED 31 MARCH 2022** ## **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 2022. ## **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 £188,227.34 as at 31[st] March 2022. Here are the individual amounts: |Treasurer Bank Account|£0.00| |---|---| |Interest Bank Account|£0.00| |Imam Account|£188,227.34| 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: 10 Jan 2023 ## **Checked and Authorised by:** Asif Rehmanwala Date: 10 Jan 2023 Charity Number: 294042 THE CHELTENHAM MUSLIM ASSOCIATION 31 March 2022 THE CHELTENHAM MUSLIM ASSOCIATION FINANCIAL REPORT- CONSOLIDATED ACCOUNTS ST 31 MARCH 2022 Turnover Membership Lillah Ramadhan Lillah Eid Al-Fitr Lillah Fitrana Rent418 Rent416 HMRC JRS Grant Madresa Rental Madresa Fee Other £1,680.00 £11,611.84 £2,059.96 £468.30 £930.15 £7,440.00 £6.900.00 £1.600.00 £175.00 £9,384.00 £350.00 £42,599.25 Expenditure Bank Fees Utilities Fitrana Hadiya HMRC Tax & N.I £21.58 £2,047.31 £930.15 £800.00 £1,908.06 £1,155.00 £17,824.08 £300.00 £1,027.62 Pension Salary (Net) Other Insurance £26,013.80 NET £16,585.45 THE CHELTENHAM MUSLIM ASSOCIATION FINANCIAL REPORT- ACCOUNT BALANCE AND MONTHLY CASHFLOW ST 31 MARCH 2022 MONTH (21/22) INCOME EXPENDITURE PROFIT/LOSS APRIL 3,465.49 6,046.41 2,278.50 2.602.50 3.903.49 1,412.86 3,959.35 3,560.54 3,552.31 3.033.90 3,823.08 4,960.82 2,395.63 2,247.23 1,400.11 2,085.68 1,295.11 2,735.26 2.382.00 1,956.91 2,676.92 2,317.27 2,725.04 1.796.64 1,069.86 3,799.18 878.39 MAY JUNE JULY 516.82 AUGUST 2,608.38 11,322.401 1,577.35 1,603.63 875.39 SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY 716.63 FEBRUARY 1,098.04 3,164.18 MARCH TOTAL 42,599.25 26,013.80 16,585.45 CMA Bank Aceount: Starting balance 151 April 2021: Closing balance 31 Sl March 2022: £171,641.89 £1È8.227.34 VERIFICATION: We certify that the above 3 statements are accurate financial reports for the financial year ending 31st March 2022. Prepared by: Tanveer Indawala (Treasurer) Approved by- Asif Rehmanwala Ichairmanl .... Verified by: ## **ANNUAL REPORT AND ACCOUNTS FOR FINANCIAL YEAR ENDED 31 MARCH 2022** ## **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 2022. ## **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 £188,227.34 as at 31[st] March 2022. Here are the individual amounts: |Treasurer Bank Account|£0.00| |---|---| |Interest Bank Account|£0.00| |Imam Account|£188,227.34| 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: 10 Jan 2023 ## **Checked and Authorised by:** Asif Rehmanwala Date: 10 Jan 2023