2024-07-31-accounts

COMPANY REGISTRATION NUMBER: 2024311 CHARITY REGISTRATION NUMBER.. 298705 ESSEX JAMME MASJID TRUST LIMITED(THE) Company Limited by Guarantee Unaudited Financial Statements 31 July 2024

ESSEX JAMME MASJID TRUST LIMITED (THE) Company Limited by Guarantee Financial Statements Year ended 31stJuly 2024 Page Trustees, annual report (incorporating the director's report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements io

ESSEX JAMME MASJID TRUST LIMITED (THE) Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Year ended 31st July 2024 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 July 2024. Reference and administratlve details Registered charity name: THE ESSEX JAMME MASJID TRUST LIMITED Charlty reglstratlon number: 298705 Company registration number: 2024311 Prlnclpal offlce and registered office: 48 Chelmsford Avenue Southend-on-sea Essex SS2 6JG Mr Mohammed Sanaul Haque- Secretary Mr Mohammed Ashik Mr Nur Islam Mr Lukman Uddin Mr Mohammad Jabed Iqbal The Trustees: The directors, who are trustees for the purposes of charity law, have complied with the duty In section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Commission. Company Secretary Mohammed Sanaul Haque Independent Examiner Mahbub Murshed FMAAT, ICPA,AFA 388-390, Romford Road London E7 8BS Structure• 8overnance and management Governing Document The Charity is constituted as a company limited by guarantee and is therefore governed by its Articles of Association as adopted by a special resolution passed on the 1st July 2011.

Appointment of trustees All members are requested to send nomination of trustees Idirectorsl prior to the election day and are informed of the outgoing directors. Voting 15 by ballot and is supervised by two independent commissioners appointed by the board. Trustee induction and training New trustees are briefed on their legal obligation under charity and company law, the content of Memorandum and Articles of Association, the committee and decision making processes and recent financial plan of the charity. This ensures that new trustees are aware of the scope of their responsibilities Organisation The board of trustees administer the charity. The board meets regularly and is assisted by management committee which is elected by members to assist the board in day to day operation5 covering religious functions. education of all age groups, supervising maintenance and renovation work, collection of funds and other matters arising from time to time. All the trustees and the management committee give their time freely and receive no remuneration or other financial benefit5. Risk Management . The charity trustees have considered the major risk5 to which the charity is exposed and have reviewed those risks and steps have been taken to address those risks as follows.. 11 Health and safety discussion at Board Meetings. 21 Financial policies and cash flow discussions with the bankers and frequent discussions with members. 31 Security and protection of property, staff, volunteers, students and congregation with the police, security firm, and insurance brokers. Objectlves and actlvltles The Charity's object and its principal activity continues to be that of maintaining the mosque premises for prayers and worship, providing islamic education, and promoting the Islamic faith. The Charity is organised so that the board of directors, who are the Trustees of the Company, meet regularly in order to manage its affairs as there is no full-time administrator. Achlevements and performance During the year the charity increased the salary of the tutors as the number of students has increased. The income received by Madrasa has gone up from last year. The charity also incurred £56,196 on the necessary repairs and maintenance of the Mosque and Madrasa. The trustees consider the performance of the Charity this year has been satisfactory.

Flnancial review The net income during the year amounted to £12,213 which was higher than previous year. The charity received £32,000 restrictive Income as Gaza Donation which was all given to Human Relief for Gaza Appeals. The charity also has restrictive fund of £4,873 & £2,744 for Zakat and funeral services respectively. Plans for future periods The aims of Essex Jamme Masjid Madrasa include.. To connect students to authentic Islamic teachings. To build and augment Islamic knowledge so as to understand how to live Islam practically. To enable a positive atmosphere conductive to productive learning and development. To increase student's love of Allah and His Messenger. To inspire students to embody the teaching5 of Islam and to be productive community role models. To instill confidence to respect others and their environments. There are also plans to develop community programmes with wider community and other organisations as the trustees place great importance on sharing a good understanding of Islam with others whilst gaining an understanding of other cultures and tradition5. Consideration is being given to build another floor above the secondary hall in order to accommodate increasing number of Madrasa attendee5. Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies, exemption. The trustees, annual report was approved on 5 September 2024 and signed on behalf of the board of trustees by: MR Lukman Uddin

ESSEX JAMME MASJID TRUST LIMITED {THE) Company Limlted by Guarantee Independent Examiner's Report to the Trustees of THE ESSEX JAMME MASJID TRUST LIMITED Year ended 31st July 2024 I report to the trustees on my examination of the financial statements of THE ESSEX JAMME MASJID TRUST LIMITED I'the charity'l for the year ended 31st July 2024. Responsibilities and basls of report A5 the trustees of the company land also Its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 Act'}. In carrying out my examination | have followed the Directions given by the Charity Commission under sertion 145151{bl of the 2011 Act. Independent examkier's statement I have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act- or 2. the financial statements do not accord with those records: or 3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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,. or 4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come acr055 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 thea ts to be reached. Mahbub rshed FMAAT, ICPA,AFA Independent Examiner 5 September 2024

ESSEX JAMME MASJID TRUST LIMITED (THE) Company Limlted by Guarantee Statement of Flnancial Activltles Ilncludln8 income and expenditure account) Year ended 31st July 2024 2024 2023 Unrestricted Restricted Fund Fund Total funds Total funds Note Income and endowments Donations and legacies 5 Charitable activities 137,267 32,000 169,267 125,315 147,362 147,362 109,802 Investment income* 36,600 36,600 36,600 Total Income 321,229 32,000 353,229 271,717 Expenditure Expenditure on charitable activities 8,9 309 016 Total expenditure 309 016 341016 341,016 248 195 248 195 Net Income 12,213 12,213 Other recognised gains and losses Gains from revaluation of fixed assets Net movement in funds Reconciliatlon of funds Total funds brought forward Total funds carrled forward 12,213 7,794 (7.794) 1067 926 870 320 1 938 246 1914 724 1.087,933 862,526 1.950,459 1,938.246 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 12.213 23.522

ESSEX JAMME MASJID TRUST LIMITED (THE) Company Limited by Guarantee Statement of Flnanclal Position 31 July 2024 2024 2023 Note Fixed assets Tangible fixed assets Investments Total fixed assets 16 1,180,610 725 000 1,905,610 1,180,610 725 000 1,905,610 17 Current assets Debtors Cash at bank and in hand 18 5,266 62,735 3,594 52,182 Creditors: amounts falllng due within one year Other creditors including taxation and social security Accruals and deferred income 1,852 21,840 Total creditors Net current assets 32 Total assets less current liabilitles 70 459 Z246 Net assets 1970 459 Z246 Funds of the charity Restricted income funds: Revaluation reserve Other restricted income funds Unrestricted funds: Revaluation reserve Other unrestricted income funds 15,411 847,115 15,411 854,909 189,349 898 584 189,349 878 577 Total unrestrlcted funds 1,087,933 1067 926 Total charlty funds 21 1950 459 1938 246

ESSEX JAMME MASJID TRUST LIMITED Company Limlted by Guarantee Statement of Financial Position (contlnued) 31 July 2024 For the year ending 31st July 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476,. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statement5 have been prepared in accordance with the provisions applicable to companies, subject to the small companies, regime. These financial statements were approved by the board of trustees and authorised for issue on 5 September 2024, and are signed on behalf of the board by= Mr Lukman Uddin

THE ESSEX JAMME MASJID TRUST LIMITED Company Limited by Guarantee Notes to the Financial Statements Year ended 31st July 2024 l. General information The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in EnBland and Wales. The address of the registered office is 48 Chelmsford Avenue, Southend-on-sea, Essex, SS2 6JG. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland, the 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 IFRS 1021 (Charlties SORP IFRS 10211 and the Companies Act 2006. Accounting pollcles Basi5 of preparatidn The f inancial statements have been prepared on the historical c05t basis. as modified by the revaluation of certain financial assets and liabilities and investment propertie5 measured at fair value through income or expenditure. The financial statements are prepared in sterlin& which is the functional currency of the entity. Golng concern There are no material uncertainties about the charitV'5 ability to continue. Disclosure exemptions No cash flow statement has been presented for the company. Judgements and key sources of estimation uncertainty The preparation of the financial statements require5 management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors. including expectations of future event5 that are believed to be reasonable under the circumstances. Fund accounting Unrestricted fund5 are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustee5 for particular future project or commitment. Restricted funds are subjectod to restrictions on their io

expendlture declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. Incoming resources All incoming resources are Included in the statement of financial artivities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will f low to the charity and the amount can be reliably measured. The following speclflc policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the good5 unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recogni5ed in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless ther'e is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertakinE activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct cost5 attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets Freehold Property is not depreciated as it is maintained to such a standard that the estimated residual value is not likely to be less than the c05t. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows.. Fixtures and Fittings 15% straight line Equipment 25 Yo Straight line li

Investments Unlisted equity investments are initially recorded at C05t, and subsequently measured at fair value. If fair value cannot be reliably measured, assets are measured at C05t less impairment. Listed investments are measured at fair value with changes in fair value being recognised i income or expenditure. Investment property Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any change5 in fair value are recognised in income or expenditure. If a reliable measure of falr value is no longer available without undue cost or effort far an item of investment property, it shall be transferred to tangible assets and treated as such uniil it is expected that fair value will be reliably measurable on an on-going basis. Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such Indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash- generating unit is the smallest identifiable group of assets that includes the asset and generates cash inf Iow5 that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. Financial instruments A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or parable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilitie5 are subsequently measured at the cash or other coh5ideration expected to be paid or received and not discounted. Defined contribution plans Contributions to def ined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 month5 of the end of the reporting date in which the employees render the related Service, the liability is measured on a 12

discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arise5. Llmlted by guarantee The Company was incorporatpd as a company limited by guarantee and not having a share capital. Every member of the company has undertaken to contribute to the a55ets of the company, in the event of its bein8 wound up while a member, within one year after ceasing to be a member, an amount not exceeding £lOO. Donatlons and legacles Unrestricted Fund Total funds 2024 Unrestricted Fund Total funds 2023 Donatlons Appeals & donations 137,267 137,267 125,315 125,315 Restricted Fund Total funds 2024 Restricted Fund Total funds 2023 Donations Appeals & donations 32,000 32,000 17.000 17,000 Charltable activitles Unrestricted Fund Total funds 2024 Unrestricted Fund Total funds 2023 Fees for educational activities 147,362 Investment income Unrestricted Fund 147,362 109,767 109,767 Total funds 2024 Unrestricted Fund Total funds 2023 Income from investment properties Bank interest receivable 36.600 36,600 36,600 36,600 Costs of raising donations and legacies Unrestricted Total funds Fund 2024 Unrestricted Fund Total funds 2023 Hospitality & catering 0.00 0.00 13

Investment management costs Unre5trlcted Fund Total funds Unrestricted Fund Total funds 2023 2024 Property repairs and maintenance charges 10. Expenditure on charitable activities by fund type Unrestricted Restricted Total funds Total Fund 2024 Fund Total funds 2023 Mosque maintenance & upkeep 121,168 Education & religious service 131,577 Humanitarian Aid and Appeals 7,113 Support costs 49,158 248 9016 ￿ ￿41016 ￿ 248165 121,168 131,577 39,113 95,411 113,034 15,260 95,411 113,034 15.260 32,000 11. Analysis of syPPOrt costs M05que Management Education Total Total 2023 2024 Communications and IT General office Finance costs Governance costs 45,296 2,437 1,425 45,296 2,437 1,425 21,982 1,022 Support costs are allocated as appropriate on basis of staff time. floor area and usage. 14

1. Net Income Net income is stated after charging/lcreditingl: 2024 2023 Depreciation of tangible fixed assets
2. Independent examlnatlon fees 2024 2023 Fees payable to the independent examiner for.. Independent examination of the f inancial statements 1,425 1,456 14.Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salaries Employer contributions to pension plans 177,755 930 150,253 855 17 The average head count of employees during the year was 2412022.. 281. The average number of full-time equivalent employees during the year is analysed as follows.. No employee received employee benefits of more than £60,000 during the year12023'. Nill.

3. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. 15

4. Tanglble fixed assets Freehold Property Fixture & Fittings Equipment Total Cost At 1st August 2023 1,132,110 Additions 48,500 At 31st July 2024 1.180,610 1,132,110 48,500 1,180,610 Depreciation At 1st August 2023 Charge for the year At 31st July 2024 Carrying amount At 31st July 2024 1180 610 1 180 610 At 31st July 2023 1180 610 1180 610

5. Investments Investment properties Cost or valuation At 1st August 2023 and 31st July 2024 Impairment At 1st August 2023 and 31st July 2024 Carrylng amount At 31st July 2024 At 31st July 2023 All investments shown above are held at valuation. Investment properties Investment Properties held above is at valuation by Trustees. 725,000 725,000 725,000

6. Debtors 2024 2023 Prepayments and accrued income 5,265 1,754 16

7. Other creditors including taxation and social security falling due within one year 2024 2023 Social security and other taxes Pension Contributions to Smart Pension5 Other creditors 1,852 1,840 11,8391 21 20.Penslons and other post retirement benefits Defined contrlbutlon plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £85512022.. £651.

8. Analysls of charitable funds Unrestrlcted funds At I" August 2023 Gains Expenditure Adj and Losses At 31" July Income 2024 General funds 878,577 321,229 1309,0161 7,794 898.584 Revaluation reserve 189 349 189 349 22 309 016 Restricted funds At I, Au8USt 2023 Gains At 31" Expenditure Adj and Losses July 2024 Income General funds 870,320 32,000 132,0001 17,7941 862,526 Revaluation reserve 870 320 17,7941 862 526 17

Total Fund 1,950,459 18