## **ANNUAL REPORT AND ACCOUNTS FOR FINANCIAL YEAR ENDED 31 MARCH 2024** ## **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 2024. ## **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 £240,429.65 as at 31[st] March 2024. Here are the individual amounts: Treasurer Bank Account £0.00 Interest Bank Account £0.00 Imam Account £240,429.65 **NB. Donations were received for the Gaza Appeal amounting to £108,562.86, in which £60,000 was donated to One Nation charity for this financial year period ending 31[st] March 2024. The remainder of the Gaza Appeal donations will show in the next financial year accounts ending in 31[st] March 2025 which will be submitted in due course.** 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: 27 Jan 2025 ## **Checked and Authorised by:** Asif Rehmanwala Date: 27 Jan 2025 Charity Number: 294042 THE CHELTENHAM MUSLIM ASSOCIATION 31 March 2024 THE CHELTENHAM MUSLIM ASSOCIATION FINANCIAL REPORT- ACCOUNT BALANCE AND MONTHLY CASHFLOW ST 31 MARCH 2024 MONTH (22123) INCOME EXPENDITURE PROFIT/LOSS APRIL £8,470.84 £5,187.15 £3,601.53 £4,414.38 £2,911.44 £2,873.28 £3,245.03 £112,244.00 £3,008.52 £4,978.14 £2,306.66 £6,631.34 £5,198.60 £2,147.79 £2,268.00 £5,009.78 £2,158.32 £3,134.81 £4,040.93 £2,455.08 £64,190.40 £3,902.00 £3,982.48 £3,140.90 3,272.24 3.039.36 1,333.53 1595.401 753.12 1261.531 1795.901 109,788.92 161.181.881 1,076.14 11,675.821 3,490.44 MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH TOTAL £159,872.31 £101,629.09 £58,243.22 CMA Bank A¢¢ouDt: Starting balance I" April 2023.. Closing balance 31 ￿ March 2024: £182,186.43 £240,429.65 VERIFICATION: We certify that the above 3 statements are accurate financial reports for the financial year ending 31" March 2024. Prepared by: Tanveer Indawala (Treasurer) Approved by: Asif Rehmanwala (Chairman} ....... Verified by.. (sknreek To,, THE CHELTENHAM MUSLIM ASSOCIATION FINANCIAL REPORT- CONSOLIDATED ACCOUNTS ST 31 MARCH 2024 Turnover 416 Rent 418 Rent Lillah Gaza Appeal Fitrana Madresa Fee Membership F.id Lillah Other £7,200.00 £6,500.00 £25,536.52 £108,562.86 £706.00 £9,263.50 £1,560.00 £320.43 £223.00 £159,872.31 Expenditure Bank Charges Gaza Appeal Fitrana Hadiya Health & Safety HMRC £277.83 £60,000.00 £706.00 £1975.00 £34.20 £1,819.55 £1,406.94 £1700.00 £1,303.94 £223.00 £22,921.26 £798.00 £7,414.59 £1048.78 Insurance Maintenance Pension Other Salary (Net) Telecommunications Utilities Water £101.629.09 NET £58343.22 ## **ANNUAL REPORT AND ACCOUNTS FOR FINANCIAL YEAR ENDED 31 MARCH 2024** ## **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 2024. ## **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 £240,429.65 as at 31[st] March 2024. Here are the individual amounts: Treasurer Bank Account £0.00 Interest Bank Account £0.00 Imam Account £240,429.65 **NB. Donations were received for the Gaza Appeal amounting to £108,562.86, in which £60,000 was donated to One Nation charity for this financial year period ending 31[st] March 2024. The remainder of the Gaza Appeal donations will show in the next financial year accounts ending in 31[st] March 2025 which will be submitted in due course.** 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: 27 Jan 2025 ## **Checked and Authorised by:** Asif Rehmanwala Date: 27 Jan 2025