Loughborough Mosque & Islamic Cultural Association Charity Registration Number: 508706
85 King Street Loughborough LE11 1SB
Report of the Trustees and Financial Statements
for the period from 1 April 2020 to 31 March 2021
Loughborough Mosque & Islamic Cultural Association
Contents of the Financial Statements
for the period from 1 April 2020 to 31 March 2021
| Content | Page No. |
|---|---|
| Charity Information 3 Trustees' Annual Report 4 Income and Expenditure Account 5 Balance Sheet 6 Notes to the Financial Statements 7 Independent Examiner's Report 10 |
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Loughborough Mosque & Islamic Cultural Association
Charity Information
At 31 March 2021
Trustees: 1 Mohammed Shamsu Ali 2 Nazmul Hussain Chowdhury 3 Mohammed Shofik Miah 4 Jabir Miah 5 Mohammed Aawlad Hussain 6 Mohammed Nurul Amin 7 Harun Rashid 8 Shah Gulap Miah 9 Mohammed Milad Hussain 10 Manzural Akhtar Choudhury 11 Shafikul Islam 12 Monsur Ahmed 13 Soil Miah 14 Foysul Chowdhury
Address: 85 King Street Loughborough LE11 1SB Charity Number: 508706
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Loughborough Mosque & Islamic Cultural Association
Trustees' Annual Report
for the period from 1 April 2020 to 31 March 2021
The trustees present their annual report and financial statements of the charity for the period from 1 April 2020 to 31 March 2021 and confirm they comply with the requirements of the Charities Act 2011, the trust deed and the Charities SORP.
Activities:
The charity carries out a wide range of activities in pursuance of its charitable aims. The trustees consider that these activities, summarised below, provide benefit both to those who worship at our Mosque and the wider community.
Prayers:
The mosque is open all day for daily and Friday prayers. A good number of people attended the daily and Friday prayers during the period.
Festivals:
The Mosque organise special prayer and occassionally serves 'Iftar' to break the fast during the month of Ramadan. Generally more people attend these services during this month. The Mosque also arrange special prayer on Eid day and a large number of people attend this special prayer.
Funeral:
The Mosque provides a complete funeral service in line with the teachings of Islam. We relieve the deceased's bereaved relatives of the burden of organising burials. We also teach people how to proceed with Islamic burial procedures.
Civil marriage:
The Mosque provides Muslim couples with an appropriate location for both their civil marriage and Nikkah (Islamic marriage).
Education:
The Mosque offers religious eduction to children and adults.
This report was approved by the board of trustees on 11/10/2021.
And signed on behalf of the Board by: Mohammed Shamsu Ali Chairman
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Loughborough Mosque & Islamic Cultural Association Income and Expenditure Account
for the period from 1 April 2020 to 31 March 2021
| Unrestricted | Restricted | Total | Total | Variance | ||||
|---|---|---|---|---|---|---|---|---|
| Notes | Fund | Fund | 2021 | 2020 | ||||
| £ | £ | £ | £ | % | ||||
| Total incoming resources | 1 | 47,224 | - | 47,224 | 52,272 | -10% | ||
| Total resources expended | 2 | 25,565 | - | 25,565 | 40,431 | -37% | ||
| Net movement in funds | 21,659 | - | 21,659 | 11,841 | 83% | |||
| Funds brought forward | 445,392 | - | 445,392 | 433,551 | 3% | |||
| Funds carried forward | 467,051 | - | 467,051 | 445,392 | 5% |
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Loughborough Mosque & Islamic Cultural Association Balance Sheet
| Notes | At 31 March | At 31 March | 2021 | At | 31 March | 31 March | 2020 | |||
|---|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||||||
| FIXED ASSETS | ||||||||||
| Tangible Assets | 3 | 408,764 | 408,764 | |||||||
| Other Fixed Assets | 4 | - | - | |||||||
| 408,764 | 408,764 | |||||||||
| CURRENT ASSETS | ||||||||||
| Cash at bank | 58,234 | 35,660 | ||||||||
| Cash in hand | 53 | 968 | ||||||||
| Other Current Assets | 5 | - | - | |||||||
| 58,287 | 36,628 | |||||||||
| CREDITORS | - | - | ||||||||
| NET ASSETS/(LIABILITIES) | 467,051 | 445,392 | ||||||||
| REPRESENTED BY: | ||||||||||
| Unrestricted Fund | 467,051 | 445,392 | ||||||||
| Restricted Fund | - | - | ||||||||
| 467,051 | 445,392 | |||||||||
| TOTAL FUND | 467,051 | 445,392 |
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Loughborough Mosque & Islamic Cultural Association
Notes to the Financial Statements
for the period from 1 April 2020 to 31 March 2021
1. Incoming resources:
| Donations Eid Collection Cool Room Collection/Funeral Marriage Khabin Calender Collection Friday Collection Collection for Azan Receiver Monthly paid-in Jamaat collection OTHER INCOME |
2021 | 2021 | 2021 |
|---|---|---|---|
| Unrestricted £ |
Restricted £ |
Total £ |
|
| 8,460 8,460 856 856 310 310 - - - - 360 360 18,293 18,293 380 380 18,565 18,565 - - - - - - - - - - - - - - |
|||
| 47,224 - 47,224 |
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2. Expenses:
| Payments for charity work Wage & Salary Rent Electricity Gas Water Waste Disposal Cleaning/Laundry Telephone & Internet Postage, Printing & Stationary Travel & Conveyance Repairs and Maintenance Insurance Accountancy fees Legal, Professional and Licence fees Bank / Card machine Charge Advertisement Fuel Other Vehicle Expense Miscellaneous expense Interest payment |
2021 | 2021 | 2021 |
|---|---|---|---|
| Unrestricted £ |
Restricted £ |
Total £ |
|
| - - 6,869 6,869 - - 1,680 1,680 3,546 3,546 1,726 1,726 168 168 340 340 62 62 285 285 - - 6,568 6,568 1,491 1,491 400 400 75 75 - - - - - - - - 2,355 2,355 - - - - - - |
|||
| 25,565 - 25,565 |
Breakdown of Payments for charity work:
| 2021 | 2021 | 2021 |
|---|---|---|
| Unrestricted £ |
Restricted £ |
Total £ |
| - - - - - - |
||
| - - - |
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3. Fixed Assets - Tangible
| 3. Fixed Assets - Tangible | |||||
|---|---|---|---|---|---|
| Cost At 31 March 2020 Additions during the period Disposals during the period At 31 March 2021 |
Building £ |
Furniture £ |
Equipment £ |
Motor Vehicle £ |
Total £ |
| 360,093 - 48,671 - 408,764 - - - - - - |
|||||
| 360,093 - 48,671 - 408,764 |
4. Other Fixed Assets
2021 £ -
5. Other Current Assets
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2021
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