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2022-03-31-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 2022

REDDITCH MOSQUE TRUST

(MASJID-E-NOOR)

YEAR ENDED 31 MARCH 2022

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 2022

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 2022

The Trustees present their report and financial statements for the year ended 31 March 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 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 2022

Structure, governance and management

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

GUL MUBARAK 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)

24 January 2023

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 2022.

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.

Nouman Shahzad Member of Association of Chartered Certified Accountants

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

Dated: 24 January 2023

REDDITCH MOSQUE TRUST

MASJID-E-NOOR

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 MARCH 2022

INCOME AND
EXPENDITURE
INCOMING RESOURCES
INCOMING RESOURCES
FROM GENERATED FUNDS
Voluntary Income
Investment Income
Funeral Services
Grant
Other Income
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
ADMINISTRATION AND
CHARITABLE ACTIVITIES
TOTAL RESOURCES EXPENDED
NET INCOMING RESOURCES
FUNDS BALANCES B/F 1.4.21
FUNDS BALANCES C/F 31.3.22		 Notes
4
 Unrestricted
Funds
Restricted
Funds
£
£
New Mosque
Project
203,267
11,374
-
5
-
-
18,060
-
400
-
_____
_____
_
221,727
11,379
_____
____
_
99,418
24,487
_____
_____
_
99,418
24,487
_____
____
_
122,309
13,108
336,041
2,277,775
_____
_____
_
458,350
2,264,667
=========
===========
 RMT
Welfare
2022
TOTAL
2021
£
£
£
34,293
248,934
167,856
-
5
14
-
-
6,283
-
18,060
49,317
-
400
-
___
____
____
34,293
267,399
223,470
___
___
____
44,036
167,941
132,650
___
____
_____
44,036
167,941
132,650
___
____
____
9,743
99,458
90,820
42,461
2,656,277
2,565,457
___
____
____
32,718
2,755,735
2,656,277
=========
===========
===========
Funds
£
203,267
-
-
18,060
400
_____
221,727
_____
99,418
_____
99,418
_____
122,309
336,041
_____
458,350
=========

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 2022

Notes 2022 2021
£ £ £ £
FIXED ASSETS
Tangible Assets 2 2,486,494 2,437,390
CURRENT ASSETS
Cash at Bank & in Hand 270,405 219,417
Other Debtors 9,011 6,915
_____ _____
279,416 226,333
_____ _____
CREDITORS: Due within one year
Creditors 3 10,175 7,445
_ _
NET CURRENT ASSETS 269,241 218,887
__ __
TOTAL ASSETS LESS CURRENT LIABILITIES 2,755,735 2,656,277
=========== ===========
FUNDS
Unrestricted 484,786 -
Restricted 2,270,949 2,656,277
______ ______
2,755,735 2,656,277
=========== ===========

The Financial Statements on pages 4 to 7 were approved by the trustees on 24 January 2023 and sign on their behalf by:

ABDUL RAHIM Chairman

24 January 2023

REDDITCH MOSQUE TRUST

(MASJID-E-NOOR)

NOTES TO THE ACCOUNTS

YEAR ENDED 31 MARCH 2022

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 2021
2,658,392
22,385
Additions
73,354
5,000
_____
__
At 31 March 2022
2,731,747
27,385
_____
__
DEPRECIATON
At 31 March 2021
228,890
14,497
Charge for the year
27,317
1,933
____
_______
At 31 March 2022
256,207
16,430
_____
__
NET BOOK VALUE
At 31 March 2022
2,475,540
10,955
===========
========
At 31 March 2021
2,429,502
7,888
===========
========
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
-
C R MACDONALD LTD
73,354
-
______
____
2,731,746
-
===========
===========		 Total
£
2,680,777
78,354
_____
2,759,131
_____
243,387
29,250
_____
272,637
_____
2,486,494
===========
2,437,390
===========
Total
£
288,311
2,370,081
73,354
______
2,731,746
===========

REDDITCH MOSQUE TRUST

(MASJID-E-NOOR)

NOTES TO THE ACCOUNTS

YEAR ENDED 31 MARCH 2022

3. CREDITORS
2022
£
Accountancy
2,168
Book Keeping
650
Other Creditors
7,357
___
_
10,175
========
=		 2021
£
1,130
1,222
4,000
__
6,352
=======
  1. ADMINISTRATION AND CHARITABLE ACTIVITIES
HARITABLE ACTIVITIES
Wages and Staff Costs
Charitable Activities
Staff Pension
Insurance
Light and Heat
Telephone
Rent & Rates
Repairs and Maintenance
Subscriptions
Bank Charges
Cleaning
Book Keeping
Accountancy and Audit
Sundries
Staff Training
Legal and Professional
Printing and Stationery
Depreciation		 Unrestricted
£
50,652
44,036
372
3,417
17,327
856
1,039
5,495
505
850
3,659
650
1,150
342
-
7,222
769
5,113
_____
143,454
===========		 2022
2021
Restricted
Total
£
£
£
-
50,652
52,302
-
44,036
6,000
-
372
257
-
3,417
3,327
-
17,327
11,604
-
856
1,901
-
1,039
2,176
-
5,495
6,808
-
505
346
-
850
192
-
3,659
2,680
-
650
650
350
1,500
1,480
-
342
3,564
-
-
199
-
7,222
10,925
-
769
262
24,137
29,250
27,976
_____
_____
_____
24,487
167,941
132,649
===========
==========
==========