## **ANNUAL REPORT AND ACCOUNTS FOR FINANCIAL YEAR ENDED 31 MARCH 2023** ## **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 2023. ## **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 : Shareef Tai Support Member 2 : Mohammed Kavla ## **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 £182,186.43 as at 31[st] March 2023. Here are the individual amounts: |Treasurer Bank Account|£0.00| |---|---| |Interest Bank Account|£0.00| |Imam Account|£182,186.43| 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: 26 Jan 2024 ## **Checked and Authorised by:** Asif Rehmanwala Date: 26 Jan 2024 Charity Number= 294042 THE CHELTENHAM MUSLIM ASSOCIATION 31 March 2023 THE CHELTENHAM MUSLIM ASSOCIATION FINANCIAL REPORT- CONSOLIDATED ACCOUNTS ST 31 MARCH 2023 Turnover 416 Rent 418 Rcnt Earthquakc Appeal Lillah Fitrana Madrcsa Fec's MLmbLrship Room RLntal Ramadhan Lillah £7.125.00 £7,385.00 £4,337.05 £13,500.09 £1,322.60 £10,518.00 £1,600.00 £540.00 £2,578.18 £48,905.92 Expcndilurc Bank Charges Earthqiiake Appeal Filrana Hadiya Health & Safety HMRC £154.82 £4,333.55 £1,322.60 £2,080.00 £253.83 £1,941.68 £1,200.55 £10,481.51 £1,434.98 £1,024.68 £21,487.86 £615.60 £8,727.29 £668.83 Insurarfce Mainteiiance Peiision Other Salary (Net) Telecoinniunicalions Utilities Water £55,727.78 NET {£6,821.86) THE CHELTENHAM MUSLIM ASSOCIATION FINANCIAL REPORT- ACCOUNT BALANCE AND MONTHLY CASHFLOW ST 31 MARCH 2023 MONTH (22123) INCOME EXPENDITURE PROFIT/LOSS APRIL £5,683.46 £3,664.72 E4,477.04 £4,405.29 £912.69 £4,901.99 £S,502.68 £2.761.21 £9,840.32 £2.984.32 £1,956.81 £5,043.78 £4,693.32 £1,985.25 £4,539.05 £3.435.08 £8,083.47 £781.47 1£1,837.961 £1,715.83 1£5,435.031 1£2,072.131 £2,603.02 1£1,239.391 1£1,280.741 £1,153.43 1£780.471 £4,397.28 1£4,827.171 MAY JUNE JULY AUGUST SEPTEMBER £4,559.83 £3.804.39 £3.412.58 £3.138.68 £3,758.58 £7,832.36 £3.256.30 OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH TOTAL £48,905.92 £55,727.78 1£6,821.861 CMA Bank Account: Starling balance 151 April 2022-. Closing balanc¢ 31, March 2023.. £188,227.34 £182,186.43 VERIFICATION: We certify that the above 3 statements are accurate financial reports for the financial year ending 31" March 202 Prepared by.. Tanveer Indawala IT sur Approved by.. Asif Rehmanwala Ichairmanl Verified by.. ## **ANNUAL REPORT AND ACCOUNTS FOR FINANCIAL YEAR ENDED 31 MARCH 2023** ## **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 2023. ## **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 : Shareef Tai Support Member 2 : Mohammed Kavla ## **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 £182,186.43 as at 31[st] March 2023. Here are the individual amounts: |Treasurer Bank Account|£0.00| |---|---| |Interest Bank Account|£0.00| |Imam Account|£182,186.43| 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: 26 Jan 2024 ## **Checked and Authorised by:** Asif Rehmanwala Date: 26 Jan 2024