**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|| _Page 2_ ## **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 _Page 3_ ## **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 _Page 4_ ## **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%| _Page 5_ ## **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**| _Page 6_ ## **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**||| _Page 7_ ## **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
£| |-
-
-
-
-
-||| |**-**
**-**
**-**||| _Page 8_ ## **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** **----- Start of picture text -----**
2021
£
-
**----- End of picture text -----**
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