OpenCharities

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

2025-12-31-accounts

Charity registration number: 502646

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Annual Report and Financial Statements

for the Year Ended 31 December 2025

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Contents (continued)

Reference and Administrative Details 1
Trustees' Report 2 to 4
Statement of Trustees' Responsibilities 5
Statement of Financial Activities 6 to 7
Balance Sheet 8
Notes to the Financial Statements 9 to 20

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Reference and Administrative Details

Trustees Mr Mahmood Ahmed Mr Mushtaq Hussain Mr Mohammed Rafiq Mr Ajaz Mendi Chaudhry Mr Abdul Razzaq Charity Registration Number 502646 Principal Office 33a Randall Street Blackburn Bb1 7LG Auditor Riaz Ahmad FCCA Riaz Ahmad & Co Chartered Certified Accountants Lord House 51 Lord Street Manchester M3 1HE

Page 1

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2025.

Objectives and activities

Objects and aims

To provide excellent facilities for daily prayers, teaching facilities for Quran and religeous education, holding lectures, assisting with marriages and funerals and holding celebration of religeous events including Eid Milad ul Nabi.

To advance in centre of excellence in Islamic learning and lifelong learning by working with local schools, businesses, Blackburn College, Blackburn Council, Police and other stakeholders.

Our aim is to provide worship facilities for daily prayers and a community hub for the community to come together.

Objectives, strategies and activities

We have two mosques Madina Masjid and Masid-e-Raza where five daily prayer sessions are held. In addition we collect and distribute charitable donations ( zakat, fitrana and sadaqa).

We help people who relocate into our catchment area to settle into the community.

All activities are designed to advance reliegeon, education and socialwell being for the public benefit regardless of background or religeon.

Fundraising disclosures

Funds are raised through donations from public and charging for religeous teaching, funerals, weddings and hire of mosque facilities.

We also hold fundraising activities for natural calamaties like flood and earthquake etc.

Public benefit

The charity aims to provide prayer facilities to the Muslim community as well as education facilities for teaching Holy Quran and Islamic education.We facilitate weddings, funerals and other religeous obligations.

Our facilities have proved to be very popular and we have invested in addtion teaching facilities to cater for the additional demand. Outcomes are monitored through regular assessments and feedback sessions.

All activities / facilities are available to all members of public regradless of background or belief. We provide spirtual counselling, welbeing support and bereavement assistance.

Our Disaster relief Fund helps alleviate sufferings in case of emergencies and natural diasters.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Social investment policies

We strive to provide religeous facilities and religeous education to the local community. We however go over and above our primary obligation andplay our role as a facilitator and provider of numerous community service. We help at the tome of marriages, deaths and other community events. We are always prepared to help in case of any emergencies and natural disasters.

Page 2

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Trustees' Report (continued)

The Trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Grant making policies

We do not provide grants to any individuals or organisations.

Structure, governance and management

Nature of governing document

Charity is governed by its constitution, Islamic principles and complies with the Charity Commission requiements.

Recruitment and appointment of trustees

Trustees are volunteers and chosen from the congregation based on their skill sets, time availability and services to the community.

Induction and training of trustees

Full induction in the chariry regulations and procedures is provided at the time of appointmnent and continuous professional development is facilitated throughout the period of the appointment.

Arrangements for setting key management personnel remuneration

Trustees are all volunteers and do not draw any remuneration. Reasonable expenses may be claimed bu none are not claimed to date.

Organisational structure

The Charity is run by the Board of Trustees who make all maor decisions.

Financial instruments

Objectives and policies

The charity’s activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.

Cash flow risk

The charity’s activities expose it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exposures.

Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows.

Page 3

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Trustees' Report (continued)

Credit risk

The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments. The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows.

The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies.

The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.

Liquidity risk

In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and short-term debt finance.

Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements.

The annual report was approved by the trustees of the charity on 8 June 2026 and signed on its behalf by:

......................................... Mr Mushtaq Hussain Trustee

Page 4

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare 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 of the charity for that period. 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 enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are 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.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the trustees of the charity on 8 June 2026 and signed on its behalf by:

......................................... Mr Mushtaq Hussain Trustee

Page 5

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Statement of Financial Activities for the Year Ended 31 December 2025

Note
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
4
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
19
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
4
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
19		 Unrestricted
funds
£
267,277
1,972
7,692
133,079
410,020
(126,173)
(129,640)
(255,813)
154,207
154,207
3,971,106
4,125,313
Unrestricted
funds
£
228,376
1,859
8,745
129,499
368,479
(108,995)
(177,902)
(286,897)
81,582
81,582
3,889,524
3,971,106		 Total
2025
£
267,277
1,972
7,692
133,079
410,020
(126,173)
(129,640)
(255,813)
154,207
154,207
3,971,106
4,125,313
Total
2024
£
228,376
1,859
8,745
129,499
368,479
(108,995)
(177,902)
(286,897)
81,582
81,582
3,889,524
3,971,106

All of the charity's activities derive from continuing operations during the above two periods.

The notes on pages 9 to 20 form an integral part of these financial statements. Page 6

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Statement of Financial Activities for the Year Ended 31 December 2025 (continued)

The funds breakdown for 2024 is shown in note 19.

The notes on pages 9 to 20 form an integral part of these financial statements. Page 7

THE MUSLIM (HANFI SUNNI) ASSOCIATION

(Registration number: 502646) Balance Sheet as at 31 December 2025

Note
Fixed assets
Tangible assets
14
Current assets
Debtors
15
Cash at bank and in hand
16
Creditors: Amounts falling due within one year
17
Net current assets
Net assets
Funds of the charity:
Unrestricted income funds
Unrestricted funds
Total funds
19		 2025
£
3,083,104
-
1,050,124
1,050,124
(7,915)
1,042,209
4,125,313
4,125,313
4,125,313		 2024
£
3,028,326
94
952,425
952,519
(9,739)
942,780
3,971,106
3,971,106
3,971,106

The financial statements on pages 6 to 20 were approved by the trustees, and authorised for issue on 8 June 2026 and signed on their behalf by:

......................................... Mr Mushtaq Hussain Trustee

The notes on pages 9 to 20 form an integral part of these financial statements. Page 8

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Notes to the Financial Statements for the Year Ended 31 December 2025

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

THE MUSLIM (HANFI SUNNI) ASSOCIATION meets the definition of a public benefit entity under FRS 102. The accounts (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 accounts.

Going concern

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

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Page 9

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Assets are written off in equal instalments over their useful life.

No depreciation has been provided in the previous years accounts so the historic brought forward values has been written off by 50% to make th value more realistic.

Asset class

Fixtures, Fittings & Equipment

Depreciation method and rate 10% straight line basis

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Page 10

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Page 11

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Page 12

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

Debt instruments

Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:

(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.

(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.

(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).

(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.

(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.

(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).

Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.

With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.

Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.

Investments

Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.

Page 13

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

Derivative financial instruments

The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes.

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship.

Fair value measurement

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

2 Income from donations and legacies

Donations and legacies;
Donations from individuals
Gift aid reclaimed
Total for 2025
Total for 2024		 Unrestricted
funds
General
£
256,316
10,961
267,277
228,376		 Total
funds
£
256,316
10,961
267,277
228,376
Total for 2025
Total for 2024		 Unrestricted
funds
General
£
1,972
1,972
1,859		 Total
funds
£
1,972
1,972
1,859

Page 14

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

Interest receivable and similar income;
Interest receivable on bank deposits
Total for 2025
Total for 2024
5
Other income
Fees and supplies
Rental income
Total for 2025
Total for 2024		 Unrestricted
funds
General
£
7,692
7,692
8,745
Unrestricted
funds
General
£
124,284
8,795
133,079
129,499		 Total
funds
£
7,692
7,692
8,745
Total
funds
£
124,284
8,795
133,079
129,499

6 Expenditure on raising funds

a) Costs of generating donations and legacies

Total
funds
Note £

b) Costs of trading activities

Note
Costs of goods sold
Total for 2025
Total for 2024		 Unrestricted
funds
General
£
106,621
106,621
97,195		 Total
funds
£
106,621
106,621
97,195

Page 15

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

Total costs £

7 Expenditure on charitable activities

Note
Governance costs
Total for 2024		 Unrestricted
funds
General
£
129,640
177,902		 Total
funds
£
129,640
177,902

Total expenditure £

8 Analysis of governance and support costs

Governance costs

Staff costs
Wages and salaries
Pension costs
Audit fees
Audit of the financial statements
Depreciation, amortisation and other similar costs
Other governance costs
Total for 2025
Total for 2024
9
Net incoming/outgoing resources
Net incoming resources for the year include:
Audit fees
Depreciation of fixed assets		 Unrestricted
funds
General
£
32,244
287
5,000
8,625
83,484
129,640
177,902
2025
£
5,000
8,625		 Total
funds
£
32,244
287
5,000
8,625
83,484
129,640
177,902
2024
£
4,000
8,625

Page 16

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

10 Trustees remuneration and expenses

11 Staff costs

The aggregate payroll costs were as follows:

The aggregate payroll costs were as follows:
Staff costs during the year were:
Wages and salaries
Pension costs		 2025
£
32,244
287
32,531		 2024
£
48,147
493
48,640

No employee received emoluments of more than £60,000 during the year

Page 17

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

12 Auditors' remuneration

13 Taxation

The charity is a registered charity and is therefore exempt from taxation.

14 Tangible fixed assets

Cost
At 1 January 2025
Additions
At 31 December 2025
Depreciation
At 1 January 2025
Charge for the year
At 31 December 2025
Net book value
At 31 December 2025
At 31 December 2024
15 Debtors
Trade debtors
16 Cash and cash equivalents
Cash on hand
Cash at bank
Short-term deposits		 Land and
buildings
£
3,009,207
63,403
3,072,610
-
-
-
3,072,610
3,009,207		 Furniture and
equipment
£
71,995
-
71,995
57,152
7,200
64,352
7,643
14,843		 Furniture and
equipment
£
71,995
-
71,995
57,152
7,200
64,352
7,643
14,843		 Motor vehicles
£
5,701
-
5,701
1,425
1,425
2,850
2,851
4,276
2025
£
-
2025
£
14,965
315,845
719,314
1,050,124		 Motor vehicles
£
5,701
-
5,701
1,425
1,425
2,850
2,851
4,276
2025
£
-
2025
£
14,965
315,845
719,314
1,050,124		 Total
£
3,086,903
63,403
3,150,306
58,577
8,625
67,202
3,083,104
3,028,326
2024
£
94
71,995 5,701
57,152
7,200		 1,425
1,425
64,352 2,850
7,643 2,851
14,843 4,276
2025
£
-
2025
£
14,965
315,845
719,314
1,050,124
2024
£
3,992
336,811
611,622
952,425

17 Creditors: amounts falling due within one year

Page 18

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

Other taxation and social security
Other creditors
Accruals		 2025
£
2,802
413
4,700
7,915		 2024
£
3,027
2,212
4,500
9,739

18 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £287 (2024 - £493).

19 Funds

19 Funds
Unrestricted funds
General
Unrestricted funds
General		 Balance at 1
January 2025
£
3,971,106
Balance at 1
January 2024
£
3,889,524		 Incoming
resources
£
410,020
Incoming
resources
£
368,479		 Resources
expended
£
(255,813)
Resources
expended
£
(286,897)		 Balance at 31
December
2025
£
4,125,313
Balance at 31
December
2024
£
3,971,106

20 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
3,083,104
1,050,124
(7,915)
4,125,313		 Total funds at
31 December
2025
£
3,083,104
1,050,124
(7,915)
4,125,313

Page 19

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

Tangible fixed assets
Current assets
Current liabilities
Total net assets
21 Analysis of net funds
Cash at bank and in hand
Net debt
Cash at bank and in hand
Net debt		 Unrestricted
funds
General
£
3,028,326
952,519
(9,739)
3,971,106
At 1 January
2025
£
952,425
952,425
At 1 January
2024
£
855,389
855,389		 Total funds at
31 December
2024
£
3,028,326
952,519
(9,739)
3,971,106
At 31
December
2025
£
952,425
952,425
At 31
December
2024
£
855,389
855,389

22 Related party transactions

Page 20

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Statement of Financial Activities by fund for the Year Ended 31 December 2025

Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Total
Unrestricted
Funds
2025
£
267,277
1,972
7,692
133,079
410,020
(126,173)
(129,640)
(255,813)
154,207
154,207
3,971,106
4,125,313		 Total
Unrestricted
Funds
2024
£
228,376
1,859
8,745
129,499
368,479
(108,995)
(177,902)
(286,897)
81,582
81,582
3,889,524
3,971,106

This page does not form part of the statutory financial statements. Page 21

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Detailed Statement of Financial Activities for the Year Ended 31 December 2025

Income and Endowments from:
Donations and legacies (analysed below)
Charitable activities (analysed below)
Investment income (analysed below)
Other income (analysed below)
Total income
Expenditure on:
Raising funds (analysed below)
Charitable activities (analysed below)
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Total
2025
£
267,277
1,972
7,692
133,079
410,020
(126,173)
(129,640)
(255,813)
154,207
154,207
3,971,106
4,125,313		 Total
2024
£
228,376
1,859
8,745
129,499
368,479
(108,995)
(177,902)
(286,897)
81,582
81,582
3,889,524
3,971,106

This page does not form part of the statutory financial statements. Page 22

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Detailed Statement of Financial Activities for the Year Ended 31 December 2025 (continued)

Donations and legacies
Appeals and donations
Gift Aid tax reclaimed
Charitable activities
Sale of goods and services made or provided by the beneficiaries of the
charity
Investment income
Interest on cash deposits
Other income
Fees and supplies
Rental income
Raising funds
Direct costs
Educational Services
Funeral Services
Islamic Events
Charitable activities
Wages and salaries
Staff pensions (Defined contribution) - pension scheme 1
Water rates
Light, heat and power
Insurance
Repairs and renewals
Telephone and fax
Printing, postage and stationery
Trade subscriptions
Charitable donations
The audit of the charity's annual accounts
Bank charges
Credit card charges
Depreciation of fixtures and fittings		 Total
2025
£
256,316
10,961
267,277
1,972
1,972
7,692
7,692
124,284
8,795
133,079
(8,559)
(98,062)
(15,410)
(4,142)
(126,173)
(32,244)
(287)
-
(34,102)
(6,143)
(32,907)
(1,601)
(5,712)
(150)
(1,183)
(5,000)
(1,686)
-
(7,200)		 Total
2024
£
226,954
1,422
228,376
1,859
1,859
8,745
8,745
123,964
5,535
129,499
-
(97,195)
(8,302)
(3,498)
(108,995)
(48,147)
(493)
(3,404)
(38,310)
(5,656)
(48,765)
(1,917)
(6,469)
-
(9,922)
(4,000)
(2,070)
(124)
(7,200)

This page does not form part of the statutory financial statements. Page 23

THE MUSLIM (HANFI SUNNI) ASSOCIATION

Detailed Statement of Financial Activities for the Year Ended 31 December 2025 (continued)

Depreciation of motor vehicles Total
2025
£
(1,425)
(129,640)		 Total
2024
£
(1,425)
(177,902)

This page does not form part of the statutory financial statements. Page 24