REGISTERED CHARITY NUMBER: 328364
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 September 2025
for
Markaz El Tathgheef El Eslami
Merali's Chartered Accountants Scottish Provident House 76-80 College Road Harrow Middlesex HAI IBQ
Markaz El Tathgheef El Eslami
Contents of the Financial Statements for the Year Ended 30 Sepiember 2025
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|Report of the Trustees|1|to|3|
|Independent|Examiner's Report|4|
|Statement|of|Financial|Activities|5|
|Statement|of|Financial|Position|6|
|Notes|to|the|Financial|Statements|7|to|10|
|Detailed|Statement|of Financial|Activities|11|
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Markaz El Tathgheef E] Eslami Report of the Trustees for the Year Ended 30 September 2025
The tristees present their report with the financial statements of the charity for the year ended 30 September 2025. The trustecs have adopted the provisions of the Statement of Recommended Practice (SORP), Accounting and Reporting by Charities, the Charities Act 2011 and Financial Reporting Standards SORP FRS102.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The principal activity of the Charity is to promote the advancement of the Islamic religion in England and Wales by all or any of the following means:
Providing religious centres for worship of the Islamic religion,
Providing free booklets and supplements to followers,
Advancement of education of the public conceming the Islamic religious culture.
The charity is dependant on voluntary workers to fulfil the doctrine and practises of the Islamic Religion and its jurisprudence.
Strategies and Significant Activities
The charity operates its religious centre at Markaz El-Tathgheef El-Eslami, 310 Mays Lane, Bamet, EN5 2AQL, the trustees of the Charity hold the full and fegal beneficial interest in the property.The safe custody of the property is governed by the Trust Deed. The centre is open to all general public as a place of worship for the followers of Islamic faith.
The religious centre organises various religious activities and functions and provides information to raise awareness of the Islamic faith.
The charity administers collection and distribution of various religious dues like Khums, Zakat, Sadaqat in accordance with the teachings of Islamic faith. The charity collects general donations and are distributed in pursuance of the charity's objectives to support education and training and various religious activities.
Volunteers
We encourage all members of our centres to be involved in voluntary activities and to share their skills with others. Volunteers are not paid any salaries, but only reimbursement of reasonable out of pocket expenses such as travel costs. All those volunteers working with children or other vulnerable groups are CRB checked.
ACHIEVEMENTS AND PERFORMANCE
How our activities deliver public benefit
A wide range of activities are carried out in pursuance of the charitable aims and objectives. The trustees consider that these activities, summarised below, provide benefit to the wider community.
Religious activities
Our Centre is open for prayers, worship and for the activitics associated with our faith. The centre is open for the wider public. During the year under review. we offer a range of religious services and activities including:
Prayers
Our Centre is available daily for prayers to all general public of Islamic faith. We have hundreds of people attending our Centre for prayers.
Festivals
The Centre celebrate Ramadan and serve food for those attending our Centre who wish to break their fasting with the visitors as group. We also perform special finctions and serve food for the annual commemoration of the martyrdom of the grand son of the Prophet Muhammad, Imam Husscin, during the month of Muharram.
The Mosque celebrate the birth and commemorate the martyrdom of all Imams of Shia Jaffari faith during the year. We hold weekly gathering in the Centre for worship, prayers and recitation of supplications every Thursday evening.
Quran classes
Memorisation and recitation of the Quran are considered important elements of religious education and training. We continue to provide this facility for young people in the mosque.
Religious dues
It is part of our faith that we should offer Zakat, Khums, and Sadaqat. They are collected in accordance with the teaching of Islam and distributed for a number of specific purposes including to help others and to further the teachings of Islam.
Community activities
Halls and rooms
Our hall and rooms are available to use by our groups, organisations and communities.
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Markaz El Tathgheef El Eslami
Report of the Trustees for the Year Ended 30 September 2025
FINANCIAL REVIEW
Principal funding sources
The Charity's main sources of income are collections of donations and religious dues from general public. They are collected from general public visiting its Centre. During the year the Charity received total donations of £80,998.
Reserves policy
Restricted finds reserve if any are held to be used within certain restrictions of the relevant funds. The Charity's policy on general unrestricted fund is to hold enough funds to meet at least 6 months direct and operating cost of the Islamic centre and head office.
In calculating the Charity’s general reserves the trustees have deducted the tangible fixcd asscts of £6,862,000 from the total unrestricted funds of £6,863,803 as shown in the accounts and any designated fund leaving a surplus in their reserves as at 30/09/2025 of £1,203. The trustees have therefore made necessary arrangements to replenish the reserves and ensure they are maintained in line with it's reserves policy.
Going concern
The trustees have considered the charity’s financial position, including the level of free general reserves at the year end and the fact that these remain below the level sct out in the charity’s reserves policy. Notwithstanding this, the trustees consider it appropriate to prepare the financial statements on a going concern basis. In reaching this conclusion, the trustees have taken into account the charity's substantial freehold property assets, its long history of operating under similar levels of free reserves, and ifs continuing ability to raise funds to support its activities. The trustees also continue to take steps to strengthen and replenish the charity’s free reserves. On this basis, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The charity was registered with the Charities Commission on 30th September 1988 and is govemed by the Trust Deed dated 30th September 1988.
Recruitment and appointment of new trustees
Trustees are appointed by resolution of the existing trustees. Whenever a new trustee is so appointed a memorandum of his/her appointment shall be prepared.
Organisational structure
The charity trustees are responsible for the general control and management of the charity.The trustees give their time freely and receive no remuneration or other financial benefits. The trustees meet together as a body and are responsible for ail decisions taken in relation to the affairs of Markaz El Tathgheef El Eslami in the United Kingdom.
Induction and training of new trustees
Foliowing appointment, new trustees are introduced to their new role and given copies of the trust deed and a guide to the policies and procedures adopted by our charity. A number of publications from the Charity Commission are also provided including the guidance on charities and public benefit and on the advancement of the religion for public benefit. This ensures that new trustees are aware of the scope of their responsibilities under the Charities Act. Initially, new trustees work with an cxisting trustecs assisting on particular activities and projects run by the Charity. After satisfactory feed back from existing trustees they are then given the task of leading a particular activity or project. reporting progress at trustees’ meetings.
The Trustees examine the major strategic, business and operational risks, which the charity faces regularly. The charity actively reviews the major risks, which it faccs on a regular basis and believes that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks faced by the Charity and confirm that they have established systems to mitigate the significant risks.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 328364
Principal address Markaz El-Tathgheef El-Eslami 1 Bradford Road London
W37SP
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Markaz El Tathgheef El Eslami
Report of the Trustees for the Year Ended 30 September 2025
Trastees Ali Borhan Mojarrad (resigned 31.10.2025) Sayed Jafar Zadeh Shirazi Zedan Abbass Hussein Razi Mirkhalaf Zadeh Rahman Mohamed Ali Reyad Saced Shams Al-Hoseine (appointed 1.12.2025)
Independent Examiner Merali's Chartered Accountants Scottish Provident House 76-80 College Road Harrow Middlesex IJA1 1BQ Approved by order of the board of trustees on 10 March 2026 and signed on its behalf by:
wy OM Razi Mirkhalaf Zadeh - Trustee
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Independent Examiner's Report to the Trustees of Markaz El Tathgheef El} Eslami
Independent examiner's report to the trustees of Markaz EF] Tathgheef FE] Estami
I report to the charity trustees on my examination of the accounts of Markaz El Tathgheef El Eslami (the Trust) for the year ended 30 September 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you arc 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions gtven by the Chanty 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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act, or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements conceming 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.
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. ergli RCA
Merali's\Chartered Accountapfs
Scottish Provident House
76-30 College Road
Harrow
Middlesex
HAI 1BQ
10 March Z026
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Markaz El Tathgheef El Eslami
Statement of Financial Activities for the Year Ended 30 September 2025
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|---|---|---|---|---|---|---|---|
|2025|2024|
|Unrestricted|Restricted|Total|Total|
|fund|funds|funds|funds|
|Notes|£|£|£|£|
|INCOME AND|ENDOWMENTS|FROM|
|Donations|and|legacies|2|80,998|-|80,998|145,727|
|EXPENDITURE|ON|
|Charitable|activities|
|Religious centre|65,539|-|65,539|57,204|
|Wages and|Salaries|17,729|=|17,729|13,782|
|Other|17,541|5|17,541|22,285|
|Total|100,809|=|100,809|93,271|
|NET|INCOME/EXPENDITURE)|(19,811)|=|(19,811)|52,456|
|RECONCILIATION OF FUNDS|
|Total|funds brought|forward|6,883,614|-|6,883,614|6,831,158|
|TOTAL|FUNDS CARRIED FORWARD|6,863,803|-|6,863,803|6,883,614|
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The notes form part of these financial statements
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Markaz El Tathgheef El Eslami
Statement of Financial Position
30 September 2025
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|---|---|---|---|---|---|---|---|
|2025|2024|
|Unrestricted|Restricted|Total|Total|
|Notes|fund£|funds£|funds£|funds£|
|FIXED ASSETS|
|Tangible assets|6|6,862,600|-|6,862,600|6,881,042|
|CURRENT ASSETS|
|Cash at bank|4213|-|4,213|6,008|
|CREDITORS|
|Amounts|falling due within one year|T|(3.010)|-|(3,010)|(3,436)|
|NET|CURRENT ASSETS|1,203|-|1,203|2,572|
|TOTAL ASSETS|LESS|CURRENT|LIABILITIES|6,863,803|-|6,863,803|6,883,614|
|NET|ASSETS|6,863|803|-|6,863,803|6,883,614|
|FUNDS|8|
|Unrestricted|funds|6,863,803|6,883,614|
|TOTAL FUNDS|6,863,803|6,883,614|
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The financial statements were approved by the Board of Trustecs and authorised for issue on 10 March 2026 and were signed on its behalf by:
ri ‘!
t/
Razi Mirkhalaf Zadeh - Trustee
The notes form part of these financial statements
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Markaz El Tathgheef El Eslami Notes to the Financial Statements for the Year Ended 30 September 2025
L ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement ofRecommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ircland (FRS 102) (effective 1 January 2019), Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
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 a transfer of cconomic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Freshold property- Acton - Straight line over 100 yrs building only Freehold property- Barnet - Straight line over 100 yrs building only Fixtures and fittings - 25% on reducing balance
Taxafion
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the ebjects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
2, DONATIONS AND LEGACIES
Donations
| 2025 | 2024 |
|---|---|
| £ 80,998 |
§ 145,727 |
- TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024.
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Markaz El Tathgheef El Eslami
Notes to the Financial Statements - continued for the Year Ended 30 September 2025
4, STAFF COSTS
The average monthly number ofemployees during the year was as follows:
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|---|---|---|---|---|---|---|---|
|2025|2024|
|Administrative|StaiT|1|I|
|No|employees|received emoluments|in excess|of £60,000.|
|Ss.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL|ACTIVITIES|
|Unrestricted|Restricted|Total|
|fund|funds|funds|
|£|£|£|
|INCOME AND|ENDOWMENTS|FROM|
|Donations|and legacies|145,727|-|145,727|
|EXPENDITURE|ON|
|Charitable|activities|
|Religious centre|37,204|-|57,204|
|Wages and|Salaries|13,782|-|13,782|
|Other|22,285|-|22,285|
|Total|93,271|-|93,271|
|NET|INCOME|52,456|-|52.436|
|RECONCILIATION OF FUNDS|
|Total|funds brought forward|6,831,158|-|6,831,158|
|TOTAL FUNDS CARRIED FORWARD|6,883,614|-|6,883,614|
|6.|TANGIBLE|FIXED ASSETS|
|Freehold|Freehold|Fixtures|
|property|Property|and|
|- Acton|-|Barnet|fittings|Totals|
|£|£|£|£|
|COST|
|At|1|October 2024|and 30 September 2025|1,672.546|5.225.839|8,500|6,906,385|
|DEPRECIATION|
|At|1|October 2024|9.059|13,065|3,719|25,843|
|Charge|for year|4,182|13,065|1,195|18,442|
|At30|September|2025|13,241|26,130|4,914|44,285|
|NET|BOOK VALUE|
|At30|September 2025|1.659,305|5.199.709|3,586|6,862,600|
|At30|September|2024|1,663,487|5.212.774|4,781|6,881,042|
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The Acton freehold property was purchased on 29 July 2022. Property address: 1 Bradford Road, Warple Way, London, W3 7SP. The property was purchased for £1,672,546. The cost of the treehold property comprises of 25% building and 75% land.
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- TANGIBLE FIXED ASSETS- continued
Markaz El Tathgheef El Eslami
Notes to the Financial Statements - continued for the Year Ended 30 September 2025
The Barnet freehold property was purchased on 6 October 2023. Property Address: 310 Mays Lane, Bamet, EN5 2AH. The property was purchased for £5,225 839. The cost of the frechold property comprises of 25% building and 75% land.
he CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | |||
| Taxation and social security | 309 | 736 | ||
| Other creditors | 2.701 | 2,700 | ||
| 3,010 | 3,436 | |||
| 8. | MOVEMENT IN FUNDS | |||
| Net | ||||
| At | movement | At | ||
| 1/10/24 | in funds | 30/9/25 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 6,883.614 | (19,811 | 6.863.803 | |
| TOTALFUNDS | 6,883,614 | (19,811) | 6,863,803 | |
| Netmovement in funds, included in theabove areas follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 80,998 | (100,809) | (19,811) | |
| TOTALFUNDS | 80,998 | (100,809) | (19,811) | |
| Comparatives formovement in funds | ||||
| Net | ||||
| At | movement | At | ||
| 1/10/23 | in funds | 30/9/24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 6,831,158 | 52,456 | 6,883,614 | |
| TOTALFUNDS | 6,831,158 | 52,456 | 6,883,614 |
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Markaz El Tathgheef El Eslami
Notes to the Financial Statements - continued for the Year Ended 30 September 2025
8. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 145,727 | (93,271) | 52,456 | |
| TOTALFUNDS | 145,727 | (93,271) | 32,456 | |
| Acurrentyear 12 monthsand prioryear 12monthscombined position is asfollows: | ||||
| Net | ||||
| At | movement | At | ||
| 1/10/23 | in funds | 30/9/25 | ||
| £ | £ | 5 | ||
| Unrestricted funds | ||||
| Generalfund | 6,831,158 | 32,645 | 6,363,803 | |
| TOTALFUNDS | 6,831,158 | 32,645 | 6,863,803 | |
| A currentyear 12 monthsand prioryear 12 monthscombined netmovement in funds, included in the above | areas follows: | |||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 226,725 | (194,080) | 32,645 | |
| TOTAL FUNDS | 226,725 | (194,080) | 32,645 | |
| 9. | RELATEDPARTYDISCLOSURES |
There were no related party transactions for the ycar ended 30 September 2025,
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Markaz El Tathgheef El Eslami
Detailed Statement of Financial Activities for the Year Ended 30 September 2025
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|---|---|---|---|
|2025|2024|
|=|£|
|INCOME|AND|ENDOWMENTS|
|Donations and legacies|
|Donations|80,998|145,727|
|Total|incoming resources|80,998|145,727|
|EXPENDITURE|
|Other|
|Hiring Costs|-|1,655|
|Legal and Professional|Fees|17,541|20,630|
|17,541|22.285|
|Support|costs|
|Management|
|Rates and|water|11,035|11,372|
|Tnsurances|4631|1,827|
|Light and|heat|23,145|14,071|
|Telephone|642|339|
|Service Charge|4,200|4,200|
|Accountancy|2,700|2,700|
|Repairs and|Maintenance|-|3,214|
|Freehold|property|17,247|17,246|
|Fixtures and|fittings|1,195|1,594|
|64.815|56,563|
|Finance|
|Bank charges|724|880|
|Human|resources|
|Wages|17,729|13,004|
|Social|security|-|$39|
|17,729|13,543|
|Total resources expended|100,809|93,271|
|Net (expenditure)/Ancome|(19,811)|32,456|
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This page does not form part of the statutory financial statements
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