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## **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|
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## **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
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## **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
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## **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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the applicable Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue to operate.
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
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## **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
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## **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:
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## **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**|
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## **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
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## **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**|
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## **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
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## **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).
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## **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.
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## **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