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 2022 to 31 March 2023
Loughborough Mosque & Islamic Cultural Association
Contents of the Financial Statements
for the period from 1 April 2022 to 31 March 2023
| 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 2023
Trustees: 1 Mohammed Shamsu Ali 2 Nazmul Hussain Chowdhury 3 Shah Gulap Miah 4 Foysal Choudhury 5 Monsur Ahmed 6 Shafikul Islam 7 Soil Miah 8 Sabbir Ahmed 9 Manzural Akhtar Choudhury 10 Mohammed Nurul Amin 11 Harun Rashid 12 Mohammed Milad Hussain 13 MOHAMMED AAWLAD HUSSAIN
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 2022 to 31 March 2023
The trustees present their annual report and financial statements of the charity for the period from 1 April 2022 to 31 March 2023 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 18/12/2023.
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 2022 to 31 March 2023
| Unrestricted | Restricted | Total | Total | Variance | ||||
|---|---|---|---|---|---|---|---|---|
| Notes | Fund | Fund | 2023 | 2022 | ||||
| £ | £ | £ | £ | % | ||||
| Total incoming resources | 1 | 67,584 | - | 67,584 | 67,487 | 0% | ||
| Total resources expended | 2 | 58,616 | - | 58,616 | 42,246 | 39% | ||
| Net movement in funds | 8,968 | - | 8,968 | 25,241 | -64% | |||
| Funds brought forward | 492,292 | - | 492,292 | 467,051 | 5% | |||
| Funds carried forward | 501,260 | - | 501,260 | 492,292 | 2% |
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Loughborough Mosque & Islamic Cultural Association Balance Sheet
| Notes | At | 31 March | 31 March | 2023 | At | 31 March | 31 March | 2022 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | ||||||||
| FIXED ASSETS | |||||||||||
| Tangible Assets | 3 | 437,240 | 408,764 | ||||||||
| Other Fixed Assets | 4 | - | - | ||||||||
| 437,240 | 408,764 | ||||||||||
| CURRENT ASSETS | |||||||||||
| Cash at bank | 63,824 | 81,216 | |||||||||
| Cash in hand | 196 | 2,312 | |||||||||
| Other Current Assets | 5 | - | - | ||||||||
| 64,020 | 83,528 | ||||||||||
| CREDITORS | - | - | |||||||||
| NET ASSETS/(LIABILITIES) | 501,260 | 492,292 | |||||||||
| REPRESENTED BY: | |||||||||||
| Unrestricted Fund | 501,260 | 492,292 | |||||||||
| Restricted Fund | - | - | |||||||||
| 501,260 | 492,292 | ||||||||||
| TOTAL FUND | 501,260 | 492,292 |
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Loughborough Mosque & Islamic Cultural Association
Notes to the Financial Statements
for the period from 1 April 2022 to 31 March 2023
1. Incoming resources:
| Donations Friday Collection Monthly paid-in Jamaat Tablig Eid Collection Collection for Azan receiver OTHER INCOME |
2023 | 2023 | 2023 |
|---|---|---|---|
| Unrestricted £ |
Restricted £ |
Total £ |
|
| - - 17,967 17,967 27,307 27,307 19,941 19,941 - - - - 459 459 910 910 1,000 1,000 - - - - - - - - - - - - - - |
|||
| 67,584 - 67,584 |
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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 Equipment hire |
2023 | 2023 | 2023 |
|---|---|---|---|
| Unrestricted £ |
Restricted £ |
Total £ |
|
| - - 28,796 28,796 - - 4,000 4,000 15,301 15,301 984 984 - - - - 62 62 1,895 1,895 - - 5,189 5,189 1,649 1,649 400 400 75 75 265 265 - - - - - - - - - - - - - |
|||
| 58,616 - 58,616 |
Breakdown of Payments for charity work:
| 2023 | 2023 | 2023 |
|---|---|---|
| Unrestricted £ |
Restricted £ |
Total £ |
| - - - - - - |
||
| - - - |
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3. Fixed Assets - Tangible
| 3. Fixed Assets - Tangible | |||||
|---|---|---|---|---|---|
| Cost At 31 March 2022 Additions-Dome project Disposals during the period At 31 March 2023 |
Building £ |
Furniture £ |
Equipment £ |
Motor Vehicle £ |
Total £ |
| 360,093 - 48,671 - 408,764 25,460 16 3,000 - 28,476 - |
|||||
| 385,553 16 51,671 - 437,240 |
4. Other Fixed Assets
2023 £ -
5. Other Current Assets
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2023
£
-
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Report of the Independent Examiner to the trustees of
Loughborough Mosque & Islamic Cultural Association
Charity Registration Number: 508706
85 King Street Loughborough LE11 1SB On accounts for the period from 1 April 2022 to 31 March 2023 set out on 9 pages
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for above period under section 144 of the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
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to state whether particular matters have come to my attention.
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.
In connection with my examination, no matter has come to my attention:
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1) which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act;
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Md Shafiqul Alam Date: 18/12/2023 Professional qualification: ACA, FCCA, FCPA 88 Romway Road Leicester LE5 5SB
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