## **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 2023 to 31 March 2024_
## **Loughborough Mosque & Islamic Cultural Association**
## **Contents of the Financial Statements**
_for the period from 1 April 2023 to 31 March 2024_
|**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 2024_
**Trustees:** 1 Mohammed Shamsu Ali 2 Hafiz Mohammed Awlad Hussain 3 Mohammed Sabbir Ahmed 4 Mohammed Lukman Hussain 5 Muhammed Abdul Hye 6 Mohammed Islam 7 Haroon Rashid 8 Mohammed Nurul Amin 9 Jabbir Miah 10 Monsur Ahmed 11 Soil Miah 12 Faysal Choudhury 13 Shah Mashook Miah 14 Jashim Uddin Midha 15 Gulaap Miah
> **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 2023 to 31 March 2024_
The trustees present their annual report and financial statements of the charity for the period from 1 April 2023 to 31 March 2024 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 27/08/2024.
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 2023 to 31 March 2024_
|||Unrestricted|Restricted|Total||Total||Variance|
|---|---|---|---|---|---|---|---|---|
||Notes|Fund|Fund|2024||2023|||
|||£|£|£||£||%|
|Total incoming resources|1|52,945|-|52,945||67,584||-22%|
|Total resources expended|2|45,291|-|45,291||58,616||-23%|
|**Net movement in funds**||**7,654**|**-**|**7,654**||**8,968**||-15%|
|Funds brought forward||501,260|-|501,260||492,292||2%|
|**Funds carried forward**||**508,914**|**-**|**508,914**||**501,260**||2%|
_Page 5_
## **Loughborough Mosque & Islamic Cultural Association Balance Sheet**
||Notes||At 31 March|At 31 March|2024||At|31 March|31 March|2023|
|---|---|---|---|---|---|---|---|---|---|---|
||||£||£||£|||£|
|**FIXED ASSETS**|||||||||||
|Tangible Assets|3||438,190||||437,240||||
|Other Fixed Assets|4||-|||||-|||
||||||438,190|||||437,240|
|**CURRENT ASSETS**|||||||||||
|Cash at bank|||69,714||||63,824||||
|Cash in hand|||1,010|||||196|||
|Other Current Assets|5||-|||||-|||
||||||70,724|||||64,020|
|**CREDITORS**|||||-|||||-|
|**NET ASSETS/(LIABILITIES)**|||||**508,914**|||||**501,260**|
|**REPRESENTED BY:**|||||||||||
|Unrestricted Fund|||508,914||||501,260||||
|Restricted Fund|||-|||||-|||
||||||508,914|||||501,260|
|**TOTAL FUND**|||||**508,914**|||||**501,260**|
_Page 6_
## **Loughborough Mosque & Islamic Cultural Association**
## **Notes to the Financial Statements**
_for the period from 1 April 2023 to 31 March 2024_
## **1. Incoming resources:**
|Donations
Friday Collection
Monthly paid-in
Maktab Collection
Hafiz Class
Jamaat Tablig
Eid Collection
Collection for Azan receiver
Funeral & Calender income
Marriage Kabin income
Kitchen income
Parking Lot Income
OTHER INCOME|2024|2024|2024|
|---|---|---|---|
||Unrestricted
£|Restricted
£|Total
£|
||-
-
9,148
9,148
29,349
29,349
7,074
7,074
1,724
1,724
-
-
245
245
3,538
3,538
500
500
900
900
25
25
440
440
-
-
2
2
-
-
-
-|||
||**52,945**
**-**
**52,945**|||
_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|2024|2024|2024|
|---|---|---|---|
||Unrestricted
£|Restricted
£|Total
£|
||-
-
25,419
25,419
-
-
2,686
2,686
8,989
8,989
1,352
1,352
-
-
-
-
453
453
1,541
1,541
-
-
2,036
2,036
1,825
1,825
600
600
75
75
315
315
-
-
-
-
-
-
-
-
-
-
-
-
-
-|||
||**45,291**
**-**
**45,291**|||
## **Breakdown of Payments for charity work:**
|2024|2024|2024|
|---|---|---|
|Unrestricted
£|Restricted
£|Total
£|
|-
-
-
-
-
-|||
|**-**
**-**
**-**|||
_Page 8_
## **3. Fixed Assets - Tangible**
|**3. Fixed Assets - Tangible**||||||
|---|---|---|---|---|---|
|**Cost**
_At 31 March 2023_
Additions during the period
Disposals during the period
_At 31 March 2024_|Building
£|Furniture
£|Equipment
£|Motor Vehicle
£|Total
£|
||385,553 16 51,671 - 437,240
-
-
950
-
_950_
_-_|||||
||**385,553**
**16**
**52,621**
**-**
**438,190**|||||
## **4. Other Fixed Assets**
2024 £ **-**
## **5. Other Current Assets**
2024 £ **-**
_Page 9_
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 2023 to 31 March 2024 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:
- examine the accounts under section 145 of the Charities Act,
- 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
- 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:
- 1) which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act;
- 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: 27/08/2024 Professional qualification: ACA, FCCA, FCPA 88 Romway Road Leicester LE5 5SB
_Page 10_