OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

Registered Charity No. 296904

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

CONTENTS PAGES
Charity information 2
Report of the Trustees 3-5
Report of Independent Examiners 6
Statement of Financial Activities 7
Balance Sheet 8
Statement of Cash Flows 9
Notes to the Financial Statements 10-13

1

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

CHARITY INFORMATION

TRUSTEES Mohammed Adrees Sharif Ullah Ahmed Mohamed Akram Chaudhry PRINCIPAL OFFICE Argyle Centre Argyle Road Southampton Hampshire SO14 0BQ CHARITY NUMBER 296904 INDEPENDENT EXAMINERS Fiander Tovell Limited Stag Gates House 63/64 The Avenue Southampton SO17 1XS

2

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

The trustees have pleasure in presenting their annual report together with the independently examined financial statements for the year ended 31 December 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity’s trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.

Objectives and activities for the public benefit

The objects of the Trust are to promote the Muslim faith, the relief of poverty amongst the people of the Muslim faith, the provision of religious services for people of the Muslim faith and generally for the provision, maintenance and development of a Mosque in Southampton.

The trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing the Trust’s aims and objectives in planning future activities. The Trust furthers its charitable purposes for the public benefit by making its facilities and services available to a wider public to practice the Muslim faith.

Plans for the future

The aims and objectives of the Trust remain the same as set out in this report and the trustees consider that the current activities of the Trust are suitable in achieving these aims and objectives.

Achievements and performance

The aim of the Trust’s work is the education and practice of the Muslim faith. The trustees are pleased that the achievements and performance of the Trust demonstrate good progress towards this aim.

Financial review

The Trust’s work is reliant on donations from the public as well as fees received for the supply of services provided by the Trust. While donations received in the period increased, the total income generated by the charity decreased from the prior year to £122,576 (2021: £141,929). This is due to no government grants being received in the period (2021: £15,913) and an overall reduction in the use of the charity’s facilities.

The activities of the Trust for the year resulted in an overall increase in costs incurred from the prior year with total expenditure of £102,921 (2021: £93,500). The expenses of the Trust remain similar to the prior year, with the exception of wages which increased to £59,153 (2021: £53,216) due to more employees.

This year’s activities resulted in a surplus of £19,655 (2021: £48,429). The surplus has been added to accumulated funds.

Reserves policy

The trustees aim to maintain free reserves in unrestricted funds and any surplus achieved at the end of a reporting year is added to accumulated funds. The trustees consider that the

3

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

funds will be sufficient to support the Trust and cover the costs of its ongoing activities. The Trust held accumulated funds of £1,094,485 at the date of this report.

Structure, governance and management

The Trust is a registered charity, number 296904, and is constituted under a trust deed dated 19 November 1985. New trustees are appointed by the existing trustees.

Key management personnel remuneration

The trustees consider the board of trustees as comprising the key management personnel of the Charity in charge of directing and controlling the Trust and running and operating the Charity on a day-to-day basis. All trustees give of their time freely with no remuneration paid in the year and no trustee expenses being incurred.

Trustees are required to disclose all relevant interests in accordance with the Trust’s policy and withdraw from decisions where a conflict of interest arises. Neither the Trust nor any of the trustees have interests that give rise to a conflict of interest but any such interests would be disclosed.

Reference and administrative details

The administrative details of the Charity can be found under Charity Information set out on page 2.

Trustees

Mohammed Adrees Sharif Ullah Ahmed Mohamed Akram Chaudhry

Trustees’ responsibilities in relation to the financial statements

The Charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the Charity trustees to prepare the financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources for the year. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are

4

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

31/10/2023 | 13:57 GMT

Approved by the trustees on ………………. and signed on their behalf by:

----- Start of picture text -----
……………………
----- End of picture text -----

…………………… Trustee

…………………… Trustee

5

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF SOUTHAMPTON MOSQUE TRUST

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022 which are set out on pages 7 to 13.

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 charity’s accounts carried out under section 145 of the 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 giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination

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:

Fiander Tovell Limited Stag Gates House 63/64 The Avenue Southampton SO17 1XS

31/10/2023 | 13:58 GMT Date:

6

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Note
Income and endowments
Donations
Charitable activities
6
Government grants
Total income
Resources expended
Charitable activities
7
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
Other recognised gains/(losses)
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
Restricted
funds
Endowment
funds
Total
funds
2022
Total
funds
2021
£
£
£
£
£
107,481
-
-
107,481
85,284
15,095
-
-
15,095
40,732
-
-
-
-
15,913
122,576
-
-
122,576
141,929
102,921
-
-
102,921
93,500
102,921
-
-
102,921
93,500
-
-
-
-
-
19,655
-
-
19,655
48,429
-
-
-
-
-
-
-
-
-
-
19,655
-
-
19,655
48,429
1,074,830
-
-
1,074,830 1,026,401
1,094,485
-
-
1,094,485 1,074,830

7

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

BALANCE SHEET AS AT 31 DECEMBER 2022

Note
Fixed assets
Tangible assets
10
Total fixed assets
Current assets
Debtors
11
Cash at bank and in hand
Total current assets
Liabilities
Creditors falling due
within one year
12
Net current assets
Total assets less current
liabilities
Creditors falling due
after more than one year
Net assets
Funds of the Charity
Endowment funds
Restricted income funds
Unrestricted funds
Total Charity funds		 Unrestricted
funds
Restricted
funds
Endowment
funds
Total
funds
2022
Total
funds
2021
£
£
£
£
£
1,048,059
-
-1,048,059 1,048,059
1,048,059
-
- 1,048,059 1,048,059
-
-
-
-
-
78,340
-
-
78,340
65,152
78,340
-
-
78,340
65,152
(31,914)
-
-
(31,914)
(38,381)
46,426
-
-
46,426
26,771
1,094,485
-
- 1,094,485
1,074,830
-
-
-
-
-
1,094,485
-
- 1,094,485
1,074,830
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,094,485
-
-1,094,485
1,074,830
1,094,485
-
- 1,094,485
1,074,830

The notes at pages 10 to 13 form part of these accounts.

31/10/2023 | 13:57 GMT Approved by the trustees on ………………. and signed on their behalf by:

……………………… Trustee

8

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2022

Note
Net cash from operating activities
13
Cash flows from investing activities
Dividends, interest and rents from investments
Proceeds from the sale of property, plant and equipment
Purchase of property, plant and equipment
Proceeds from sale of investments
Purchase of investments
Net cash provided by investing activities
Cash flows from financing activities
Repayments of borrowing
Cash inflows from net borrowing
Receipt of endowment
Net cash provided by financing activities
Change in cash and cash equivalents
Cash and cash equivalent brought forward
Cash and cash equivalent carried forward		 Total
funds
2022
Total
funds
2021
£
£
13,188
47,406
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
13,188
47,406
65,152
17,746
78,340
65,152

9

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

NOTES TO THE FINANCIAL STATEMENTS

1) Accounting Policies

The charity’s principal office address can be found on the Charity Information page.

The presentation currency is pound sterling and the figures have been rounded to the nearest pound.

Basis of preparation and assessment of going concern

The financial statements 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 financial statements. The financial statements 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) effective 1 January 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The Trust constitutes a Public Benefit Entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.

2) Reconciliation with previous Generally Accepted Accounting Practice

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP (FRS 102) a restatement of comparative items was needed. No restatements were required.

3) Income recognition

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations are recognised when the Charity has been notified in writing of both the amount and settlement date.

Government grants are recognised in accordance with the accrual model.

4) Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to that expenditure, it is probable that settlement will be required and

10

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.

5) Tangible fixed assets and depreciation

All assets costing more than £250 are capitalised and valued at historic cost. Depreciation is provided on all fixed assets to spread the cost over the estimated useful lives of the relevant assets at the following rates:

Freehold land and buildings nil

6) Analysis of charitable income

6) Analysis of charitable income
General services
Room hire
Tuition fees
Rent of car park
Total
7) Analysis of charitable expenditure
Wages and pensions
Property maintenance
Administrative expenses
Legal and professional fees
Travel expenses
Miscellaneous expenses
Total
8) Analysis of staff costs
Salaries and wages
Social security costs
Other pension costs
Total		 2022
2021
£
£
2,150
-
-
18,309
12,745
15,383
200
7,040
15,095
40,732
2022
2021
£
£
59,153
53,216
33,952
33,681
1,256
1,686
8,062
4,707
367
-
131
210
102,921
93,500
2022
2021
£
£
58,777
52,840
-
-
376
376
59,153
53,216

The average number of employees during the year was 10 (2021: 9). No employees had employee benefits in excess of £60,000 (2021: none).

9) Pensions

The Charity operates a defined contribution pension scheme. Contributions payable to the Charity’s pension scheme are charged to Statement of Financial Activities (SoFA) in the period to which they relate. The total employer pension contributions recognised in the SoFA for the year are £376 (2021: £376).

11

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

10) Tangible fixed assets
Freehold land and buildings
1 Argyle Road
(next door)
£
Cost or valuation
At 1 January 2022
180,919
Additions
-
Disposals
-
At 31 December 2022
180,919
Depreciation
At 1 January 2022
-
Charge for the period
-
Eliminated on disposals
-
At 31 December 2022
-
Net book value
At 31 December 2022
180,919
At 31 December 2021
180,919
11) Analysis of debtors
Other debtors
Prepayments and accrued income
Total
1 Argyle Road
(next door)
£
180,919
-
-		 Argyle Centre
Total
£
£
867,140
1,048,059
-
-
-
-
180,919 867,140
1,048,059
-
-
-		 -
-
-
-
-
-
- -
-
180,919 867,140
1,048,059
180,919 867,140
1,048,059
2022
2021
£
£
-
-
-
-
-
-

Current assets, to include debtors, are amounts owed to the Charity for the provision of goods and services or amounts the Charity has paid in advance for the goods and services it will receive. These assets are measured at their recoverable amounts.

12) Analysis of creditors due within one year

Other creditors
Taxation and social security
Accrued expenses
Total		 2022
2021
£
£
30,884
28,500
22
199
1,008
9,682
31,914
38,381

Liabilities are amounts due to creditors and any provision made as a result of an obligation to transfer economic benefits to a third party. A liability is recognised for the amount that the Charity anticipates it will pay to settle the debt and is measured at the settlement amount.

12

DocuSign Envelope ID: A3789C5B-6EBD-462E-99D3-49A65A13CDB9

SOUTHAMPTON MOSQUE TRUST

Other creditors relate to amounts received from members of the community and outstanding wages (2021: £28,500).

13) Reconciliation of cash flows from operating activities

Net movement in funds
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash from operating activities		 2022
2021
£
£
19,655
48,429
-
-
(6,467)
(1,023)
13,188
47,406

13