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2021-03-31-accounts

Charity Registration No. 503752

REDDITCH MOSQUE TRUST

(MASJID-E-NOOR)

28 EASEMORE ROAD REDDITCH WORCESTER B98 8HA

CONSOLIDATED

F I N A N C I A L S T A T E M E N T S

YEAR ENDED 31 MARCH 2021

REDDITCH MOSQUE TRUST

(MASJID-E-NOOR)

YEAR ENDED 31 MARCH 2021

CONTENTS

ASSOCIATION INFORMATION

REPORT OF THE TRUSTEES
INDEPENDENT EXAMINERS REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
NOTES TO THE ACCOUNTS		 PAGE
1
2-3
4
5
6
7-8

REDDITCH MOSQUE TRUST

(MASJID-E-NOOR)

YEAR ENDED 31 MARCH 2021

ASSOCIATION INFORMATION

CHARITY REGISTRATION NUMBER 503752 CHAIRMAN (TRUST) ABDUL RAHIM EXISTING MOSQUE COMMITTEE – CHAIRMAN ABDUL RAHIM EXISTING MOSQUE COMMITTEE – TREASURER MOBEEN UL-HASSAN NEW MOSQUE COMMITTEE – CHAIRMAN NASIR AHMED NEW MOSQUE COMMITTEE – TREASURER TAHIR HANIF MAHMOOD

(Both Committees operate under the advice and instruction of – REDDITCH MOSQUE TRUST

REGISTERED ADDRESS JINNAH ROAD REDDITCH WORCESTER B98 7ER ACCOUNTANTS KAISER NOUMAN NATHAN LLP 57 ALFRED STREET BIRMINGHAM B12 8JP BANKERS LLOYDS TSB BANK PLC CHURCH GREEN EAST REDDITCH B98 8BZ

REDDITCH MOSQUE TRUST

(MASJID-E-NOOR)

TRUSTEES REPORT

FOR THE YEAR ENDED 31 MARCH 2021

The Trustees present their report and financial statements for the year ended 31 March 2021.

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 Redditch Mosque Trust (Masjid-E-Noor), 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 (FRS 102) (effective 1 April 2019)".

Objectives and activities

Redditch Mosque Trust (Masjid-E-Noor) is a Charity Organisation. It is registered with the Charity Commissions (No. 503752) and constituted by Deed of Trust. The Charity is administered by a Trust Committee.

The principal object of the Charity is to provide a Place of Worship, Religious Teachings and Education Centre for the benefit of the local community.

Policies are in place for recruitment, anti-bullying and safeguarding but not regulated by any other organisation and no serious incident reported or needed.

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Redditch Mosque Trust (Masjid-E-Noor) should undertake.

Achievements and performance Financial review

It is the policy of the Redditch Mosque Trust (Masjid-E-Noor) that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Redditch Mosque Trust (Masjid-E-Noor) current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The Trustees has assessed the major risks to which the Redditch Mosque Trust (Masjid-ENoor) is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

REDDITCH MOSQUE TRUST

(MASJID-E-NOOR)

- TRUSTEES REPORT Continued

FOR THE YEAR ENDED 31 MARCH 2021

Structure, governance and management

The Trustees who served during the year and up to the date of signature of the financial statements were:

GUL MUBARA BASHARAT HUSSAIN MEHBOOB AKHTAR AYAZ ALI MOHAMMED BASHIR MOHAMMED ISHAQ MOHAMMED IRFAN MOHAMMED SHAFIQ MOHAMMED RIAZ MAZAR HUSSAIN KAFWEL ANWAR MOHAMMED HAFIZ MUKHTAR HUSSAIN ABDUL GHAFFAR JAVED IQBAL MOBEEN UL-HASSAN MIR HUSSAIN

Status

Redditch Mosque Trust is a Registered Charity.

FOR AND ON BEHALF OF THE TRUSTEES

ABDUL RAHIM (CHAIRMAN)

26 January 2022

REDDITCH MOSQUE TRUST

(MASJID-E-NOOR)

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF REDDITCH MOSQUE TRUST (MASJID-E-NOOR)

We report to the Trustees on our examination of the financial statements of Redditch Mosque Trust (Masjid-E-Noor) for the year ended 31 March 2021.

Responsibilities and basis of report

As the Trustees of the Redditch Mosque Trust (Masjid-E-Noor) you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

We report in respect of our examination of the Redditch Mosque Trust (Masjid-E-Noor) financial statements carried out under section 145 of the 2011 Act . In carrying out our examination , we have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

We understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 April 2015.

We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:

We 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 financial statements to be reached.

Kaiser Nouman Nathan LLP 57 Alfred Street Sparkbrook Birmingham B12 8JP

Dated: 26 January 2022

REDDITCH MOSQUE TRUST

MASJID-E-NOOR

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 MARCH 2021

INCOME AND
EXPENDITURE
INCOMING RESOURCES
INCOMING RESOURCES
FROM
GENERATED FUNDS
Voluntary Income
Investment Income
Funeral Services
Grant
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
ADMINISTRATION AND
CHARITABLE ACTIVITIES
TOTAL RESOURCES EXPENDED
NET INCOMING RESOURCES
FUNDS BALANCES B/F 1.4.20
FUNDS BALANCES C/F 31.3.21		 Notes
4
 Unrestricted
Funds
Restricted
Funds
£
£
New Mosque
Project
138,399
20,924
-
14
6,283
-
49,317
-
_____
_____
_
193,999
20,938
_____
____
_
97,965
28,685
_____
_____
_
97,965
28,685
_____
____
_
96,034
-7,747
240,007
2,285,522
_____
_____
_
336,041
2,277,775
=========
===========
 RMT
Welfare
2021
TOTAL
2020
£
£
£
8,533
167,856
199,359
-
14
34
-
6,283
-
-
49,317
-
___
____
____
8,533
223,470
199,393
___
___
____
6,000
132,650
155,838
___
____
_____
6,000
132,650
155,838
___
____
____
2,533
90,820
43,555
39,928
2,565,457
2,521,902
___
____
____
42,461
2,656,277
2,565,457
=========
===========
===========
Funds
£
138,399
-
6,283
49,317
_____
193,999
_____
97,965
_____
97,965
_____
96,034
240,007
_____
336,041
=========

All of the above results are derived from continuing activities. All gains and losses recognised in the year are included.

REDDITCH MOSQUE TRUST

(MASJID-E-NOOR)

CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2021

Notes 2021 2020
£ £ £ £
FIXED ASSETS
Tangible Assets 2 2,437,390 2,461,165
CURRENT ASSETS
Cash at Bank & in Hand 219,417 108,459
Other Debtors 6,915 4,000
_____ _____
226,333 112,459
_____ _____
CREDITORS: Due within one year
Creditors 3 7,445 8,167
_ _
NET CURRENT ASSETS 218,887 104,292
__ __
TOTAL ASSETS LESS CURRENT LIABILITIES 2,656,277 2,565,457
=========== ===========
FUNDS
Unrestricted - -
Restricted 2,656,277 2,565,457
______ ______
2,656,277 2,565,457
=========== ===========

The Financial Statements on pages 4 to 7 were approved by the trustees on 26 January 2022 and sign on their behalf by:

ABDUL RAHIM Chairman

26 January 2022

REDDITCH MOSQUE TRUST

(MASJID-E-NOOR)

NOTES TO THE ACCOUNTS

YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES

(a) Convention

The accounts have been prepared in accordance with the historical cost convention and in accordance with applicable accounting standards and the statement of Recommended Practice on “Accounting by Charities” and applicable accounting standards.

(b) Depreciation

Depreciation is provided on tangible fixed assets in order to write off those assets over their anticipated useful lives. The bases and rates used are as follows:

Fixtures Fittings and Equipment = 15% per annum on net book value Freehold Premises = 1% on cost

(c) Income

Income is included in the income and expenditure account as soon as its receipt becomes due.

2. TANGIBLE ASSETS
Freehold
Fixtures Fittings
Premises
and Equipment
£
£
(See Note 2a)
COST
At 31 March 2020
2,658,392
18,185
Additions
-
4,200
_____
__
At 31 March 2021
2,658,392
22,385
_____
__
DEPRECIATON
At 31 March 2020
202,306
13,106
Charge for the year
26,584
1,391
____
_______
At 31 March 2021
228,890
14,497
_____
__
NET BOOK VALUE
At 31 March 2021
2,429,502
7,888
===========
========
At 31 March 2020
2,456,086
5,079
===========
========
2a. FREEHOLD PROPERTY
Cost b/f
Addition
£
£
Existing Mosque – 28 Easemore Road
288,311
-
New Mosque Project - Costs to-date at Jinnah Rd
2,370,081
-
______
____
2,658,392
-
===========
===========		 Total
£
2,676,577
4,200
_____
2,680,777
_____
215,412
27,975
_____
243,387
_____
2,437,390
===========
2,461,165
===========
Total
£
288,311
2,370,081
______
2,658,392
===========

REDDITCH MOSQUE TRUST

(MASJID-E-NOOR)

NOTES TO THE ACCOUNTS

YEAR ENDED 31 MARCH 2021

3. CREDITORS
Accountancy
Book Keeping
Other Creditors
4. ADMINISTRAGTION AND
CHARITABLE ACTIVITIES
Wages and Staff Costs
Charitable Activities
Staff Pension
Insurance
Light and Heat
Telephone
Rent & Rates
Repairs and Maintenance
Travelling
Subscriptions
Bank Charges
Motor Expenses
Equipment Hire
Cleaning
Book Keeping
Accountancy and Audit
Sundries
Staff Training
Legal and Professional
Printing and Stationery
Depreciation		 Unrestricted
£
52,302
-
257
3,327
11,604
1,901
2,176
6,388
-
346
192
428
-
2,680
650
1,130
-
199
10,361
262
3,761
_____
97,965
===========		 2021
2020
£
£
1,830
2,550
1,222
650
4,000
4,967
___
___
6,352
8,167
========
========
2021
2020
Restricted
Total
£
£
£
-
52,302
63,482
6,000
6,000
-
-
257
452
-
3,327
2,468
-
11,604
13,545
-
1,901
1,643
-
2,176
3,799
420
6,808
3,942
-
-
-
-
346
240
-
192
-
-
428
-
-
-
5,330
-
2,680
-
-
650
650
350
1,480
1,505
3,136
3,136
-
-
199
1,263
564
10,925
29,748
-
262
291
24,215
27,976
27,480
_____
_____
_____
34,685
132,649
155,838
===========
==========
==========