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 2024
REDDITCH MOSQUE TRUST
(MASJID-E-NOOR)
YEAR ENDED 31 MARCH 2024
| 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 |
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REDDITCH MOSQUE TRUST
(MASJID-E-NOOR)
YEAR ENDED 31 MARCH 2024
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 |
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REDDITCH MOSQUE TRUST
(MASJID-E-NOOR)
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their report and financial statements for the year ended 31 March 2024.
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.
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REDDITCH MOSQUE TRUST
(MASJID-E-NOOR)
TRUSTEES REPORT - Continued
FOR THE YEAR ENDED 31 MARCH 2024
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
Status
Redditch Mosque Trust is a Registered Charity.
FOR AND ON BEHALF OF THE TRUSTEES
ABDUL RAHIM (CHAIRMAN)
30 January 2025
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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 2024.
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:
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1 accounting records were not kept in respect of the Redditch Mosque Trust (Masjid-ENoor) as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning 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.
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: 30 January 2025
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REDDITCH MOSQUE TRUST
MASJID-E-NOOR
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2024
| 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 1.4.23 FUNDS BALANCES C/F 31.3.24 |
Notes 4 |
Unrestricted Funds Restricted Funds £ £ New Mosque Project 318,915 - - - - - - - - 215 _____ _____ 318,915 215 _____ ____ 225,183 25,217 _____ _____ 225,183 25,217 _____ ____ 93,732 -25,002 532,468 2,240,915 _____ _____ 626,200 2,215,913 =========== =========== |
Unrestricted Funds Restricted Funds £ £ New Mosque Project 318,915 - - - - - - - - 215 _____ _____ 318,915 215 _____ ____ 225,183 25,217 _____ _____ 225,183 25,217 _____ ____ 93,732 -25,002 532,468 2,240,915 _____ _____ 626,200 2,215,913 =========== =========== |
RMT Welfare £ 24,755 - - - - ___ 24,755 ___ 24,400 ___ 24,400 ___ 355 13,356 ___ 13,711 ========= |
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| Funds £ 318,915 - - - - _____ 318,915 _____ 225,183 _____ 225,183 _____ 93,732 532,468 _____ 626,200 =========== |
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All of the above results are derived from continuing activities. All gains and losses recognised in the year are included.
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REDDITCH MOSQUE TRUST
(MASJID-E-NOOR)
CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2024
| Notes FIXED ASSETS Tangible Assets 2 CURRENT ASSETS Cash at Bank & in Hand Other Debtors CREDITORS: Due within one year Creditors 3 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS Unrestricted Restricted |
2024 £ £ 2,825,634 52,042 - __ 52,042 _____ 21,852 _ 30,190 _____ 2,855,824 =========== 633,629 2,222,195 ______ 2,855,824 =========== |
2023 £ £ 2,694,054 93,183 7,508 __ 100,691 _____ 8,006 _ 92,685 _____ 2,786,739 =========== 539,542 2,247,197 ______ 2,786,739 =========== |
2023 £ £ 2,694,054 93,183 7,508 __ 100,691 _____ 8,006 _ 92,685 _____ 2,786,739 =========== 539,542 2,247,197 ______ 2,786,739 =========== |
|---|---|---|---|
| 2,786,739 =========== |
The Financial Statements on pages 4 to 7 were approved by the trustees on 27 January 2025 and sign on their behalf by:
ABDUL RAHIM Chairman
30 January 2025
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REDDITCH MOSQUE TRUST
(MASJID-E-NOOR)
NOTES TO THE ACCOUNTS
YEAR ENDED 31 MARCH 2024
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 2023 2,969,583 27,385 Additions 137,274 31,685 _____ __ At 31 March 2024 3,106,857 59,069 _____ __ DEPRECIATON At 31 March 2023 285,903 17,012 Charge for the year 31,069 6,309 ____ _______ At 31 March 2024 316,972 23,321 _____ __ NET BOOK VALUE At 31 March 2024 2,789,885 35,749 =========== ======== At 31 March 2023 2,683,680 10,373 =========== ======== 2a. FREEHOLD PROPERTY Cost b/f Addition £ £ Existing Mosque – 28 Easemore Road 526,147 137,274 New Mosque Project - Costs to-date at Jinnah Rd 2,443,435 - ______ ____ 2,969,582 137,274 =========== =========== |
Total £ 2,996,968 168,959 _____ 3,165,927 _____ 302,915 37,378 _____ 340,293 _____ 2,825,634 =========== 2,694,054 =========== Total £ 663,421 2,443,435 ______ 3,106,856 =========== |
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REDDITCH MOSQUE TRUST
(MASJID-E-NOOR)
NOTES TO THE ACCOUNTS
YEAR ENDED 31 MARCH 2024
| 3. CREDITORS Accountancy Bookkeeping Other Creditors 4. ADMINISTRATION AND CHARITABLE ACTIVITIES Wages and Staff Costs Charitable Activities Staff Pension Insurance Light and Heat Telephone Rent & Rates Repairs and Maintenance Subscriptions Bank Charges Cleaning Bookkeeping Accountancy and Audit Sundries Educational Computer & IT Legal and Professional Printing and Stationery Depreciation Interest-other |
Unrestricted £ 67,975 49,850 163 5,458 17,021 1,063 1,706 24,570 - 502 972 - 1,232 - 340 2,327 35,741 1,305 13,361 1,597 _____ 225,183 =========== |
2024 2023 £ £ 3,616 2,248 - 650 18,236 5,108 ___ ___ 21,852 8,006 ======== ======== 2024 2023 Restricted Total £ £ £ - 67,975 73,820 24,400 74,250 51,111 - 163 107 - 5,458 5,425 - 17,021 17,395 - 1,063 922 - 1,706 3,198 - 24,570 4,096 - - 689 - 502 - - 972 889 - - - 200 1,432 1,494 - - 463 - - 1,000 340 2,327 36,741 7,294 1,155 7,796 - 1,305 959 24,017 37,378 30,275 - 1,597 - _____ _____ _____ 49,617 274,800 207,088 =========== ========== ========== |
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