REGISTERED CHARITY NUMBER: 511758 TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR DERBY JAMIA MOSQUE Ashiree Audit Ltd Eligiblc to acl as an auditor in lem)s of Section 1212 of the Companie5 Act 2(M)6 The Pavilion Strcllcy Hall Noiiingham Nottinghamshire NG8 6PE DERBY JAMIA MOSQUE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Refereftee and Admlnistr*tive Det*ils Trustees, Report 2 to 5 Report ofthe Independent Aydt¢ors Statement of Fin*n¢iAI Attiviti Statement of Financi•l Positio Stat¢ment of Cash Flows 10 Notes to the S¢*tement of Cash Flows Notes to the Financlal Statements 12 to 19 Detalltd St4¢ement of FiD•n¢ial Aetlvities 20 to 21 DERBY JAMtA MOSQUE REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES N Hussain M 14us5ain K Khan {rc5igncd 181912023) Haiii J Iqbal (resigned 181912023) Haji M Khushnud (resigncd 181912023) BAII F A Akbar {apFrf)inted 181912023) M Hussain lappointcd 181912023) Z Masood {appoint¢d 181912023) PRINCIPAL ADDRESS 6 Rosehill Street Derby DE23 8EX REGISTERED CHARITY NUMBER 511758 AUDITORS AshircL Audii l.td Stsiulory Auditor Th¢ Pavilion Str¢lley I IHII Nollingham Nollingham5hire NG8 6PE SOLICITORS k lint 14ishop %oli¢ilors St MichaL'I's Couri Si Michael's Lanc. tkrby Derby Dcrbyshir¢ DEI 311Q Page I DERBY JAMIA MOSQU£ TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The truste¢s present their re￿rt with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopt¢d the provi510T15 of Accounting and Reporting by Charilies: Siatement of Recommcnded PrActice applicable to charitics prcparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102} (¢ffe¢live l January 2019). OPJECTIVES AND ACTIVITIES Objectives and alms The purpnses ot the Charity as set out in ils governing documenL The ¢harity'5 aim and objectives are described in th¢ Trust Deed datcd 3rd June. 1984. The trustees confirni that they have complied with the dulles in seL'lion 17 {5) of the 2011 Charities Act: in that they have refcrrcd to the guidan¢¢ contained in the Charity Commission's general guidance on public benefiL when revi¢wing the charity's aims and objectives and in planning future a¢tivities. The obj¢ctives described are= -.ro worship God- -To promi)le the Muslim religion through social and Cul￿ra1 activities in the cily of tkrby. and -.rn provide alter sch￿1 Classes for Icarning Islamic Education and Arabi¢ Language. The Charities strategies for achieving its aim5 and objectives in the futurc= The charily rccognises that the mcmbership feL5 are ihe primary source of the ch8rit8bl¢ income that ensures that th¢ nrganisalion is Able to conlinuc to opernte and covcr ils 8enernl overheads. 'ruilion is provided as an additionai s¢rvice and is charged accordingly, il is intended that the amount charged at least wv¢rs the costs of providing that service and in addition pft)vides a contribuiion io the Mosque general funds. Funds for capital impmV¢m￿lS have hislorically largely been achieved by internal fund rnising from the charily'5 own members. this is likely to continue in futur¢. Significant activitiej I'he Charity inlend5 10 continue its educational cl&ws to younger persons and io continue to promote the Muslim religion thmughout th¢ Community and City. Thc mosqu¢ rL'aLhes out lo all persons in the locality and. through the use of additional smaller building& gives the public greater aLLL%S lo Ihc charily. The charity will continu¢ to hold events on khalf i)f the members &5 requir¢d. Public benefit In the previous years Ihc extcnsion proj¢¢l ai ihc Roschill Sireet was complcied in order to in¢rc#se the numbcr of p¢ople ￿tL￿dIng Ihe mosque. The charity ha5 purchased additional property ai Village Street and more reccntly 76 Whitaker Strecl has been purchased. The Charity also continues lo improve clLs5room fa¢ililic5 in ordcr lo facilitat¢ th¢ increascd dcmand fi)r l¢aming of Islamic educatian. Th¢ core objectives Continue to be to provide new improved Islamic Lourscs and to bring various guest speaker5 to give lectures as well as improve the quality of teaching. The cor¢ objeltive of the charity is to continue to maintain self 5UStainability with no reliance u￿n external factor5 or funders. T this Lnd, the charity ¢onlinu¢s to keep a close control of the finance& continuing to monitor cxpenditure and to enhance both members subscriptions. donations and tuition fees. The trusl¢es confimi that they have Complied with Ih¢ requiremcnts of wtion 17 of the CTharities Ath 2011 to have due r¢gard to the publiL benefit guidan¢e Publish￿ by the Charily Commission for England and Wale5. Volunteers To achiev¢ ils objcctives. the Charity 15 rcliant UFK)n the staff employed either on full or part time basis and upon the members and volunteers all of whom are dedicated to hclping ihe charity. ACHIEVEMENT AIYD PERFORMANCE Fundraising activities Thc charity relie5 upon subscriptions from ils members during the year, and additional internal fundraising from its members and donors for specific pur￿$S¢S such &s th¢ purchase of property in ordcr to expand and enhancc the leaming experience. Ther¢ have been no other substantial external fundrdising activities and no exlernal thTrd party funding or donations have been rcccived. Page 2 DERBY JAMIA MOSQUE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMENT AND PERFORMANCE Achievements and performinee I'hti ¢harily has achicvcd ils continuing objeLlives of providing a vcnue for worship to the local Muslim community, it h&5 a150 ¢xpw)d¢d its capacily for tcaching Islamic education to l)oih young and old mcmb¢rs alike. The Mosquc undcrtakcs events within the local community and 0￿rateS as a 'central hub. to its members. The Mosque continues to be seif-sufficienl. and provides services to its memkrs at an alTordable rate. The difference the ch#rity'$ performance during th¢ ye4r h*$ made to the benefieiAries of the charity: ThL ¢harity hus hc¢n able to providL th¢ loLal Lowntnufbity and its Inemb¢rs wilh a safL environtllenl in which to worship God. as well as integral centrL. for t¢a¢hing and providing communily facilities. The u%e ofadditional smaller huildings gives members greater acces5 to the charity in a more personal manner and smaller groups. -l-he degree to which ihe aLhievements and perfomiAnce during the y&ir have benetited wider society.. The charity seeks lo promolc the Muslim r¢ligion ihroughout the city of Derby, it provides support to individu￿5 and educates childrcn and adults that wish to learn about Islam. I'he Ch￿ltY ¢onlinues lo hold a variety of cv¢nts on behalf ofthe members &$ TequirLIl. How the gchi¢vement$ during the year measure up to the objective5 Set: 'hL ¢ommiltLL arL SatisliLd with Ihc achiLvctncnts attained during th¢ ycar. li has met its primary objectivcs in providing facilities and %erviLcs lo the local communiiy. and has maintained and managed it5 finances reS￿nsIblY by ¢oniinuing ID monitor expenditure. and io Lnhanc¢ m¢mhers' subscriptions, donation5 and luition fecs. lThe chariiy remains in a p051tion lo covcr its ovcrhcads as well &8 bcing ablLI lo rais¢ 5uifi¢i¢nl funds as and when rcquirLII to purchase capithl iiems and property in furtherance of its objectives. Expendlture incurred in the year in order to r*ise income in the future: £43,I136 spend on rL'pairs (Jn exi.4ling properties. Th¢ chariiy uses propcriics ￿ provide edU￿110nal classes to children and adults in line with th¢ charity'% nhjcLtive5. Propcrty purchases and improv¢menls enahle the charity to in¢r¢￿ ils membership basc and to provide edu¢ationAI Ll&sses lo & grcatLr numh¢r of children and adulls. in furth¢ran¢c lo the Lharity'5 objectivcs. The classcs 8¢nerdl¢ iuilion incomc, and addition&1 membership fccs, for boih curr¢nl and future peri(Nls. SignificAnt events whieh have affected the fin*nel*l ptrforfflAn¢e 8Dd financill position: Changes in fixed &5sets arc shown in th¢ detsil in the notes to the ￿CoUnt& The Charity h&5 chosen not to revalue its land and prop¢rty. it has used historie cost or n¢1 Currenl value. FINANCIAL REVIEW Fin#nciAI positio Tot&1 funds incrL'ase to £5.105,134 from £5.051.72012023). Thi5 incre&se is analysed as follows: RestriC￿d rwrves have stayed at £184. and Unrestricted reserves in¢r¢ased Irom £5,051,536 to £5.1114.95V. ThL abov¢ 5how5 an overall nel Incre￿ of£53,41412023.. £177.141). rinancial pertomiance during th¢ period shows total income decr¢gsing to £690.599 from £767,433 (2023), gnd total expenditure incrcascd from £JW,292 {21123) 10 £637,185. Net in¢ome decreased by 69.8tr/0 to £53.414 from £177,141 (2023). Funds of £43,036 have been allocated for repairs and maintenance of charily's pmperties from existing ¢&sh resources without resarting lo external lundingy borrowing or grants.. Principal funding Sources 1'hL iharily rcLeiVCS it5 income from members. donation5. membership fees and from tuition fees. Expcndilurc is prin)arily on wage5 and salaries in respert of the running of thc charity, thts includes tuition cost5 in respect of after school classes and furtherance of the charity's obJ￿I1veS. Th¢ charity is not generally dependent upon. nor ha5 it r¢￿1Ved grants from any ¢xtern81 1)(MJies in the past except from the govcmment in resp¢¢l of HMRC'5 Coronavirus Job Reieniion Schcme. Inc()m¢ from the charity's mcrnbers is in effect cx￿ndCd upon those swn¢ members by way of the provision of & pl￿e of worship. and through eduialion. Page 3 DERBY JAMIA MOSQUE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW Reserves poliey 'rhe rescrvcs poli￿ of the trustees is to increas¢ unrestricted fund& in ordcr to primarily continue the development of the principal oflice of the charity. Unrestricted rcserves stand at £5.104.950 and rcstriaed reservc5 £184. At pres¢nl. reseryes ar¢ in exLe5s of £5 million. th¢ majorily of which are invested in freehold land & property. Whilst ihe charity looks to incrcase unresiricied funds, il recognises thai it also wishes ID continue to acquire property from its own inl¢rnally gcncrated unrcstrictcd ¢￿h r¢sources. The level of c&sh reservc5 is therefore liable lo fluctuate depending upon the level of asset purchws in that year. The board of Iruslees is satiStied th￿ the charity's &85ets in each fund are available and adequale lo fulfil its obligations in respect ot eaLh fund. Going eoniern As part ol. IhL going concern revi¢w, Ihc ITU5t¢cs have considcrcd lis current working capital and cash resources together wilh cash flow lorccasts f()r & period of ai Icasl 12 months from the daic of signing of th¢s¢ financial slat¢m¢nts and are confident that th¢ Charity can me¢1 ils liabilities as ihey fall due. STRUCTURE, GOVERNANCE AND MANAGEMENT NAture of governing document The Charity is Controll￿ by it5 governing documenL a deed of Irusl and constitulcs an Unincor￿1r9ted charity. Th¢ Lharily is consliluted &s an unincorporaied charity. es(ablished by Tru￿ D¢ed and its gov¢rning document is a Trusi Deed and it5 tonnal provisions. Th¢ Governing Document is dated 3rd June 1984. The governing document w&8 amended on 19th February IW2. 18th November 2￿7. 2ffth December 2009. 1 st January 2012 8nd 13ih January 21113. Recruitment *nd appointmtnt of Trew ¢rustees Thi managemLnl Committee consi.s1% of belweLn six and twelv¢ members, who are appx)inted every two years at an Annu￿ Genernl Mceting. PolLnlial committee mcmber5 gr¢ idcnlified and selectcd from the Charily'5 general membership and local community. Tru51ees are 5elLCt¢d b&%ed upon th¢ir knowledge, r¢levani skills and lime available lo Commit to the charity. How the ¢h*rity m4kes deeisions •nd how decisions are delogxted: ThL" Lharily has u management committee Ilruslees) of volunle¢r members, who have overnll control and responsibility for policy and mujor dLLision making. Day lo day managemcnt and responsibility for implemenling policic5 15 wried out by a paid manager and othcr assislanlbladministrators. Tuition and oiher part tim¢ slaff arc employcd for specific tuition and thsks. Or%#nisational s¢ru¢ture Th¥ ¥urrcnt Trusle¢s arL' and their roles in the charity are as follows: Nazir14usb(iin I laji Zahid M&8ood Ilaji Mailoob Flussain Babharat Ali Haji Matlub Hu5sain Fcsal Akbar - Chaim)an Vice Chaimlan - Treasurer - Vic¢ Treasurer - Secretary - Vicc Sccretary Risk management Th¢ Iruslecs have a duty lo id¢ntify and review thc risks lo which thc charity is exposed and to ensure appropriatc controls are in place to provide reasonable assurdnce against fraud and error. Page 4 DERBY JAMIA MOSQUE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Risks and uncert*inties facing the Charity The Board of Trusl¢es havc cXaMin￿ the major s¢ralegic. business and operational risks faced by the charity. Where appropria*, system5 or pm¢edure5 have been establishcd to mitigate thc risks the charity faces. Budgetary and internal control risks are minimi5ed by the implemenL￿lon of pri>cedures for authori5ation of all tr&n5aCtions and projects. Procedur¢s are in place to enqure compliance with health and safety of stafy. voluntccrs and pariicipants in all &ctivili¢5 organi5ed by Ihe charity. These procedures periodically reviewed to cn5ure they conlinue to meet the need5 of the charity. The charity receives a large pmportion of its income from members in the forn) of cash donations. Ihe handling of and safe custody of cash represents a financial and op¢raiional risk to th¢ charity. additional proccdures have been implemented to ensure the Iran.%parcncy of donations, thL accur￿￿ rccording of inLomc. and the minimisation of the risks of theft and frdud. Th¢ provision of edu¢alion and tuition lo children and other vulnerabl¢ individuals wiihin Ihe Lommunity rcprescnt5 an opcralional risk io th¢ Charity and its member5. additional safeguarding procedures and ￿lIcIeS have becn implemcnted to mitigate thcsc risk$. The number of students hav¢ now returned lo pre-pandemic levels and the average number of students fnr the Cu￿ent year is in th¢ region of 750. DISCLOSURE OF INFORMATION TO AUDITOR l.'aLh trnsl¢¢ ha5 taken st¥ps th￿ they ought to have taken &s a iru5lcc in ord¢r lo make ihem5elves aware of any r¢lcvanl audit infnrmaiion lind In cslablish Lhat Ihe charily's auditor is aware of that inforni&ion. The truslces confim) ihal there is no relevant inli?rmation that they know of and of which they know the audilor is unawarc. STATEMENT OF TRUSTEES, RESPONSIBILITIES Th¢ irusice% are r¢sponsiblL for pr¢paring thc I rusl¢cs' RLPOrt and the financial sthtemenls in accordance wilh applicable law And United Kingdom A￿oUntIng Standards (Uniied Kingdom Gcnernily Accepiul Accouniing Praclicel. Thc law applicable ia Charities in England and Wales, Ihe Charilies Acl 2011. Charily {Accounts and R¢ports) Regulations 2(M)8 and the provisions of the trust d¢¢d requires the trustees lo preparc finanLial sthiemenls for ¢a¢h financial year which give a true and f8ir viLw i)r thL Stalc of atTairs of the charity and of the inioming resources and applic81ion of r¢50urce%, including the incom¢ and ¢xpLndilure, ofthe Lharily for that ￿riod. In preparing thosc financial stalem¢nts. Ihc truslee5 are required to select Suitable accounting poli¢i&s and then apply them consistently. ohs¢rve Ihc Meth￿jS and principle5 in Ihc Charity SORI). makc.judgLm¢nts and cstimat¢s Ihal are rc&sonahl¢ and prndcnt- slatL whciher applicabl¢ aL'countin¥ standards hav¢ bcen lollowcd. Subj￿¢ lo any material departures disclosed and explained in IhL' financial statem¢nls; prcpare the financial stalemenls on the going concern basis unless it is inappropriate to presume that the charily will continue in busin¢sS. ThL trusl¢e5 arc rcsponsibl¢ for kccping proper aLcounting records which disc105c with r￿Onable accuracy at any lime the financi&l pi)%ilion of thL Lharily and to enablL ihem lo cnsure ihal th¢ financial 5talcm¢nls ￿mplY with the Charities Act 2011. thc Charily (Accnunlb and Reports) Regulations 2008 and th¢ provisions of lh¢ trusl deed. They are also respon5iblc for 5af¢guarding the a55Cts of the charity and hence for taking r¢&sonable steps for the prevention and detection of fraud and other irr¢gularitieS. Approved by order ofthe board of trustees on . . and signed on its khalf by: N 14us5ain Trustee Page 5 REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF DERBY JAMIA MOSQUE Opinion W¢ havc audited th¢ financial statements of Derby Jamia Mosque (the 'chariiy') for the year ended 31 March 2024 which comprise the Statement of Financial Activities. the Sialement of Financial Position. Ihe Slatcment of Cash Flows and notes io the tinancial slalements. including & Summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Siandards {United Kingdom Generally Acccpted Accounling Pra¢liLc). In s¢eking ts) forni an opinion on the financial statements the implications of the following significant uncertainty was Considered: In rcspwt of land and building& scarchcs wilh IIM Land Rcgistsy identified in Some instgnces title deeds were not in the name of the Chnrity or current trusl¢cs but held in ¢hc namcs of pr¢viou5 trusiees. In respect of the abov¢. we have been unable to obtain sutTicient and appropriate audil evidence regarding the possible ¢ffect of the uncertainty. Disclaimer of opinion on finan¢ial statements BeLaus¢ ol. the signilicance ol. the pnssiblc impact of the un¢crtainly relating ts the ownership of certain land and building5, as de5Lribed above in thc opinion pardgrdph abov< we havc not becn able to obtain sufficienl and appropriate audit evidence lo pmvide a b&4is for an audit opininn. Basis for opinion We conduLled our audit in accordance with Inlernational Standards on Audiling IIJK) (ISAS (UK)) and applicable law. Our responsibilities und¢r those 51andards are furth¢r descrihcd in th¢ Auditors. rc5ponsibiliiies for th¢ audil of the financial stalemcnls seLlion of our rep(Trrt. We ar¢ independent af the charity in accordance with Ihc ethical requircm¢nis that are relevant tn our audil of th¢ finunL'ial slatLm¢nls in the UK. including th¢ FRC'5 EihiLal Standard. and wc havc fuifillcd our oth¢r ethical responsibilitl¢s in aLcordan¢L' with these requirements. Wc bclicve that thc audit evidence we hav¢ obthined 15 .suffi¢ient and appropriate to pmvidL a basis tor our opinion. Conclusions relAting to going toncer In audilinLy the finaniial %ialements. we havc cun¢lud¢d that the trusle¢s' use of ihe going concern b&sis of accounting in lh¢ prepuralion ()I'thc financial stiilcmLnls is appropriatc. Ba%Ld on IhL work we have pcrforni¢d, we hAvc nol idenlificd any material uncertaintie5 r¢lalin8 to events or conditions that, individually OT colleLtively. may cast significant doubt on ihe charity's ability lu conlinuc as a going concern for a period of at l¢ast Iwclve month% from when Ihc financial slatcmenis are auihnri5ed for issue. Our rc5ponsibilili¢s and the rcspon5ibilities of the trU￿e¢S wilh respeci to going ￿ncern are descrilKd in thc rclevani sections of this repi)rt. Other Information Th¢ trublc¢5 arL responsible for the other inforn)aiion. The other infomiation comprises the inforn]ation included in the Annual Rcport. niher than the financial stalements and our Rep)rt of the Indepcndent Audilor5 ihereon. Our opinion an th¢ linancial 51atements does noi covcr the other infomiation and. ¢xc¢pt to the cxlent oiherwise explicitly ststed in ()ur r¢porL wc do nol expr¢s¥ any forni of &ssufdllcc Lonclusion ther¢on. In connection with audit ofthe finanLial stalements. our Tesponsibility is lo read the other infornitttion 3n(L in doing so, consider whLihcr Ihc oiher infornialion 15 mal¢rially inconsislcttt wilh the financial statcmcnts or our knowledgc obtained in the audit or oihcrwisc appcar5 lo h¢ materially misslat¢d. If we identify such mal¢rial inconsistcncics or apparent maicrial mi5Statements, we are requir¢d ti) dLILrminc whcther this give5 risc to a mal¥Yial misslatemeni in the financiai stalemLllis ihcmselve5. Ir. based on the work wc have perlorm¢d. WL concludc that there is a m￿CrI&l misstatem¢nt of this othcr inforniation, we are required to report that fact. W¢ have nothing to reFK>rt in this r¢garil. MAtters on which we are required to report by exeeption Wc havc nothing to report in r¢spcct of the following matl¢rs wherc the Charities {A￿OUnts and Rq)orts} Regul81ions 2￿8 requirc5 U5 to report to you if. in opinion.. the infnmialion given in the tnJ5tees Rcport 55 inconsislenl in any Materi￿ rcspcct with the financial statem¢nts' or sufficicnt accounting reiords have not been kepl- ar - Éhe financial 5tatcmcnts arc not in agr¢em¢nt with the accounting re￿rdS and r¢tUrn5' or wc hav¢ not received all the infomlation and explanations we require for OUT audit. Page 6 REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF DERBY JAMIA MOSQUE Respon$ibilitie5 of trustees As ¢xplaincd more fully in thc Statem¢nl of Trustees, Responsibilities. the Iruste¢s are rc5ponsible for the preparation of the financial statements whilh give a true and fair view, and for such internal control as the Irustees dcterniine is necessary to ¢nabl¢ the preparnlion of finllncial stalemcnts that are frec from material misstatement. whethcr due to fraud or error. In preparing the financial statements the trustees ar¢ ￿sponsIble for 055C55ing the charity's ability to continue as a going con¢em. disclosing. as applicable. matl¢rs relatcd to going conccrn and using the going ￿nCern basi5 of accounling unles5 the trustees either intend to liquidate the charity or to ¢eas¢ operntion& or have no rc81istic al*mative but to do so. Our responsibilities for the audit of tht fin*n¢i*l statements We have been app()inled as auditors under Section 144 of the Charilies Act 2011 and rcport in accordance with the Act and relevant rLgulations made or having ¢tTe¢l thereunder. Our obj¢Llives are to obtain reasonable a&4urdncc about whcthcr the finan¢ial 51atcmcnts as a whole ar¢ free from material misstaiem¢nl. whether du¢ ID fraud or error. and lo issue a Repnrt ofthe Independent Auditors that includes our opinion. Rcasonable assurance is a high level of ￿sUranC¢. but is noi a guarantee thai an audit conducied in accordan¢¢ with ISA5 (UK) will always detect a mdtLrial mi.qslatement when il cxists. Misslaiemcnts can arise from fraud or ¢m)r and are considered material if, individually or in Ihc aggiregatc, th¢y could reasonably be expcclcd lo influenLe th¢ cconomic decisions of users thkcn on the basi5 of ihcse financial statements. The extent lo which our procedures are capable ofd¢lecling irregularities including frdud is delailed below: Folli)wing 8¢ dLtailed risk assessment 81 the planning slage. which was updated for any further risks of fraud and error identified during the fi¢ldwork, the following areas ol'risk were idenlif1￿I. InLnmc recognition. Managcm¢nl override of controls. In ￿Spons¥ to th¢ 5p¢Lific risk are&s idcnlified. our procedures included the following.. In addrcssing inLom¢ rL'co8nilion. w¥ pcrfornied dctail¢d and substanlive lestin8 of d()nalions received and income from ¢h8rithbl¢ acliviliLs on a.%ampl¢ ba%is Ihft)ughoul the year. In addrL55ing management overrid¢ of controls. w¢ p¢rfomied detail¢d *sting of transactions on a sample basis Ihrotsghout the ycar. Wc dLsign¢d &udil procedurcs to rcspond to the risk. recognising Ihai the risk of not d¢￿tIng a malerial misstatement due to fraud is hi&yh¥r than Ihc risk of not delccting on¢ rcsuliing from ¢rror, as frnud may involvc deliberate concealment by, for example, forgcry or inlcntional misrL'presentatinns. or through ¢ollusion. Furtherniorc. bLcause of IhL inherent limitation5 of an audil, thcw is a risk that w¢ will noi deicci all irr¢gularitie& including those leading to matcrial misstalemenl in the financial stalements. or nonvcompliancc with rcgulalion. This risk increases ihe more thRI compliance with a law or rL'gulalion is r¢movcd from the cvenls and transAclion5 r¢llected in thc financial statements, as we will bc les5 likely to b¢Lom¢ awar¢ of instances of non-compliance. Thc risk is also great¢r r¢garding irrcgularities OCLuffing due to fraud rather ihan error. fraud involves inlentional conc¢almenL forgery. collusion, omi55ion or misrepresentalion. A furth¢r descripiion of our reswnsibilities for the audit of the financial slatcm¢nts is locatcd on the Financial Reporting Council's w¢hsit¢ at www.fr¢.org.uklauditorsr¢spon5ibilities. This dtsrripiion fomis part of our Report of Ihe Indepcndent Audiiors. Use of our report This rcport is made solely to the ¢harity'5 Irust¢e& a ixKly. in a￿1rdanc¢ with Part 4 of thc Charili¢5 (Accounts and Reports) Regulations 20118. Our audit WOTk has bccn undertaken $0 that wc mighi %tal¢ lo the charity's Irusle¢5 those mall¢rs we arc rcquired lo statc to them in an auditors, report and for no other purFrf)se. Tn lh¢ fullest extenl perniitt¢d by law. we do not accept or assume rcspi)n.4ibiliiy lo anyon¢ other than (he ¢harily and the charily's trustees &s a ljody, for our audit work. for thi5 report, or for the opinions we have fornied. Ashircc Audit Lid Statutory Auditor 'rhe Ilavilion Strcllcy Hall Nottingham Nottingh¢)mshire NG8 6PE Pagc 7 DERBY JAMIA MOSQUE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 3113124 Total funds 3113123 Tolal fund5 Unrestricted rund Restricted fund Notes INCOME AND ENDOWMENTS FROM D()naiions and Icgacies 489,424 489,424 584.048 ChAritable activitlts Provision of Islamic Cducation 193.925 193.925 182,385 Invcstmenl income Other in¢omL 4.550 2,700 4.550 Total 690.599 767 433 F.XPENDITURE ON ChAritable activities Proviyinn ot Islamic education 1"ardvc¢h prayers 3.918 3.918 1,441 1.1100 Othcr 629.367 629 367 587851 Total 637 185 637 185 590 292 NET INCOME 53.414 53.414 177.141 RECONCILIATION OF FUNDS T()lal funds brought fon¥ard 5,051.536 184 5,051,720 4,874.579 TOTAL FUNDS CARRIED FORWARD 5,1I14,950 184 5,1115.134 5 051720 The notes foTm part of these financial 5tatcments Page 8 DERBY JAMIA MOSQUE STATEMENT OF FINANCIAL POSITION 31 MARCH 2024 3113124 I'otal f45nds 3113123 Tot&1 funds Unrestrictcd fund Reslricied fund Not¢s FIXED ASSETS Tangible assets 13 4.310,121 4.310.121 4.367.275 CURRENT ASSETS Dehtors Cash at bank and in hand 14 5,437 851373 5,437 851,557 3,271 739.430 184 856.810 184 856.994 742.701 CREDITORS Amounts falling due within one year 15 (61.981) (61,9811 (58,256) NET CURRENT ASSETS 794.829 184 795013 684 445 TOTAL ASSETS LESS CURRENT LIABILITIES 5.104,950 184 5.105.134 5.051,720 NET ASSETS 5 104,950 5 105 134 5 051720 FUNDS Ilnr¢slriLled funds.. (iLnLral fund R¥slri¢l¢d fund5'. RLlgiou.4 Celebrations 16 5.1(H.950 5.051.536 184 184 TOTAL FUNDS 5 105.134 5051.720 The finan¢ial 51alements were approved by th¢ Board of Trustees and authorised for issue on ...... .. signed on its behall'by.. . and were N Hus5ain - Trust¢e M Hussain - Trus1¢¢ The notes fomi part of these financial statements Page 9 DERBY JAMIA MOSQUE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 3113124 3113123 Nofys Cash flows from operAting •ctivitit5 Cash genrratcd from operations Finan¢e costs paid 11263 230,479 Net cash provided by operdting activities 12,127 230 479 CAsh flows from investing *etivities Purch&se ol"tangible fixed &8sels 95 835} Net ¢&sh pn)vided by/(used in) investing activities 95.835) Change in ¢ash and e*sh eqyivalents in the reporting period Cash o8sh equiv*lents at the btginning of the reporting period 12.127 134.644 739,430 604 786 Cash and t#Jh equivalents at the end of the reporting period 51557 739 430 The notes forni part of these financi21 statements Page 10 DERBY JAMIA MOSQUE NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 RECONCJLIATION OF NET INCOME TO YET CASH FLOW FROM OPERATING ACTIVITIES 3113124 3113123 Net 1￿COme for the reporting period {as per the Ststement of Finanei*l Aetivitits) Adjustments for: D&preLiuIion Lharges I￿]na￿Le cosls InLrease ith dcbtors InLreabL'lldeLrease) in Lredilors 53,414 177.141 57,154 136 (2. I(￿) 56.754 (329} 3.087 Net cash provided by operations 112,263 230.479 ANALYSIS OF CHANGES IN NET FUNDS Ai 114123 Cash flow Ai 3113124 Net elsh Cash at bank l￿d in hand 739.43U 112 127 851,557 731).430 851557 TotAI 739.43U 112.127 1151557 The noles fomi part of thesc finjncial sta*ments Pagell DERBY JAMIA MOSQUE NOTLS TO THE FII¥ANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basis of prep#ring the financial statements 'I'he findnLial St￿eMentS of Ihl charil)., w.hiLh 15 a public benefit entity under FRS 102. have be¢n prepared in accordancc with the Charities SORP IFRS 102) 'Accounling and Repurting by Charities.. Staiem¥nt of Recommcndcd Prdclice applicable to LhdritiC5 preparing their ac¢ounts in accordanci with the Financial Reporting Stsndard applicable in the UK ¢ind Rcpublic i)f Ireland (fRS 102) (cfTeLtive l January 2U19}', Financial Rcporiing Standard IU2 FinanLial Reporting Standard ased on the spre&d of stair ChAri¢Able activlties Q'.haril(Ibl¢ ¢xp¢n(lilure compriscs thox costs incurrcd by th¢ charily in Ihc delivery of its aciivilics and servicL's for its b¢nLficiaries. It inLludLs both c()51s thai can be Alloca*d direcily to such artivilic5 and those cosis of an indircct n&lur¢ n¢L¢ssary lo support th¢m. Governanct tosts Thi'sl include Ihc Costs atlribulabl¢ to the Charity's cnmpli8n¢¢ wtth Conslitulional and blatulory requircmcnts, including Audil, .%lrategiL mundgemcnt and trusicc8' mLclings and rcimbursed expcn5CS. Support toits Suppiirt LO515 include cenlral functions and have b¢¢n allocatcd lo tsctivily cosl ¢at¢gories on a b&sis consislent with Ihc use of resiTrurces. for examplL'. all0￿￿Ing property costs by floor are￿ or per capil& slalT¢osLs by the iimL speni and ()ihcr costs by their usag¢. T4n8ible fixed assets Individual lixed ussets costing £5.585.266 are initially recorded & cosl less any subsequent accumulatcd dcprecialion and 5ubscqucnt 47LLumulatcd impdirn)¢nt Ips%eb. Dtpreciatloft and amortiy#tion L)LpreLialion is providLd ()n iungibl¢ fixed assels $0 lo write otTthe c05t or valuation. les5 any cstimatcd residual value, over Iheir cxpccteil useful economic life a5 follow5= A55tt tlass rreL"h()Id buildings r¢Lhold land ixturcs and fittings Depreciation method 8nd rate /0 Strdight line /D 150/0 straight line Impairrnent orrixed assets An aiinual revicw of the likelihood of asset impaimient Is undert8k¢n. The charity maintains ils properties. which are funclinnal assets for ILS charitablc purpose5, to a suJTi¢ient high 51andard that thc irubiee5 do not consider that an impairnienl provision would be required unle55 ta thc inslancc of a signifiwit prn￿rtY rnark¢t collapse. Ta%atioTr As a registerLd ¢harily, Ihe organi5ation is ¢x¢mpt from incomc and corpoTation lax lo Ihe extent thal it5 income and gains are applied toward5 th¢ charitable object5 of thc rharily and for no other PUTPOSC. Valuc Added T&x is noÉ recoverable by the charity, and 15 therefor¢ included in ihe relcvanl costs in the StaieTnent of FinanLial A¢tivities. Page 12 continued... DERBY JAMIA MOSQUE NOTES TO THE FIIYANCIAL STATEMENfs- co￿tIn￿ed FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES - contijbued Fund structure Unreblriclcd income funds Are gcneral funds are available for use at the trustees, discretion in furth¢rance of the objectives ofthe Lharity. R¢slriLted inLome funds ar¢ Ihose dOn￿ed for use in a particular area OT for sp¢¢ifi¢ purposes ihe use of which is restriL*ed Èo that area or purpose. Borrowing5 RLntals paid under operaling lew are Charg￿ to the Statrmcnt of Financial Activilies on a straight line basis over the period of thc1¢&5¢. lntorc51-bearing borrow'ings are initially rccorded di fair Y￿uc. n¢t of transaction costs. Inl¢ffst-bearing biirrowings arc subsequently Larried at amortis¢d LOSL with Ihe ditT¢rence bctwccn the procecd5. net of transaclion costs. and IhL amounl duc on rcdcmplion being recogniscd &5 a char8C to th¢ S￿¢m¢nI of Financiai Aclivili¢s over thc pcriod c)f the relevant borrowing. Intere51 expense is rewgnised on th¢ basis of th¢ ¢iTccliv¢ inlew5t mcihod and is includcd in inl¢r¢sl payable and similar LhargLS. Borrowings are classified as currenl liahililics unle&% the chwity has an unconditional righi tu defer settlement of the liability fi)r at ILast tWLIvL months aller the reporting datc. Penqion tO8tS 8nd other poyt-retlrement benefits 'I'h¢ Lharily operdle% a defined L()nlrihuii()n pen%ion scheme. Lontributions payablc lo the charity's pension schemc 8re Lharg¢d to Ih¢ Sialern¢nl of Finan¢i41 A¢tlVilics in the period ￿ which they relate. Th¢ (harity op¥ralcs a dcfincd conlribution pension scheme which is a pensinn plan undLY which fixed conirihution% are paid inti) ll pen8ion fund and ihL charity has no legal or consinictiv¢ obligation lo pay further contrihulions cvcn if Ihc lund does not hold sullicicnt 0&8¢ts Io pay ull emplny¢es ihe ben¢filS relating to employee service in the current and prior peri￿￿. Conlribulion* to dclined ciinlrihution plans 8r¥" rewgnised in the sta￿ent of Financial ALiivilics whcn ihcy arc due. If Lontrihuli(In payments exceed the coniribulion duc lor scrvice, the excess is recognised as a Pr￿ayment. Governmtnt grants CiovLrnmLnt grants are reLognised ai the fair value ofthc asscl rcccivcd or r¢ccivabl¢ when there is r¢&sonabl¢ &5surnn¢e that thL charity will comply wilh ¥i)nditions 8iia¥hill¥ to them and ihc grants will bL reLLived using the accnial modcl. Cjranls relating lo revenue ArL rccOgni￿d in profit and loss nn a sysi¢matic basis over the peri(Mls in which the charity r¢cognisLN Ihe related ¥()sls for which ihe grant is intcrbdcd to compcnsate. Grants that ar¢ r¢¥¢iv¢d in respecl of expensLS or losses already in¢urred by the charily arc recognised in profit and loss in the period when the grant becomes receivahlc. DONATIONS AND LEGACIES 3113124 3113123 Donations- Mcmbcrs Donati()ns- Nnn-mernbers 1119,543 299 881 285.383 298.665 4f19 424 584 048 Page 13 continued... DERBY JAMIA MOSQLIE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 INVESTMENT INCOME 3113124 3113123 R¢nts rcceived 4.550 INCOME FROM CHARITABLE ACTIVITIES 3113124 3113123 Activity Provision of Islamic edUc￿lon Tuilion fee5 193,925 182,385 OTHER INCOME 3113124 3113123 Advertising income CHARITABLE ACTIVITAES COSTS Direci ('1)slS Provision of Islamic educalion 'rarnvech praycr 3,918 7.818 SUPPORT COSTS Governance cost. Finance Other 'rota15 Other resourLes expended 617383 4,825 624.346 Support ¢O5t4 included in thc abov¢, ar¢ follow5: 3113124 Other resources expended 3113123 Toial activities Rent Ilank charges Other intcrest 2,IM)2 60 136 2.138 60 Other 3113124 Oth¢r resources cxpcnded 3113123 Tot41 aclivili&8 Wa¥es and salaries S()cial security Pensions Rates water Insurance LighL heat and power 425.375 12,572 7.924 10,057 6,506 42.839 353,729 8,920 6,877 27,545 5,605 Carried forward 505,273 440.292 Page 14 continued... DERBY JAMIA MOSQUE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 IMARCH 2024 SUPPORT COSTS- contintsed Other- eontinued 3113124 (Xher rcsourccs expended 3113123 Total activities rought fonvard TLlcphon¢ Printin& poslage and 51ationery RL'pairs and mdinlenance Cleaning Il. Costs and maintenance DepreL'iatinn of langibl¢ fixcd assets 505,273 3.379 5,298 43,036 2,869 374 57.154 440,292 6,665 74,463 I,()47 1.224 56.754 617383 582.441 Gov¢rnAnce ¢0s¢8 3113124 Othcr rcsour¢¢s expcndcd 3113123 Tolgl ctivilies Audilors, remuneraiion LLgipdl #nd professional f¢es 4.5fK) 325 4.250 I,ioo 5,350 AUDITORS, REMVNERATION 3113124 3113123 F¢¢5 pay&bl¢ lo thc Lhwity's auditors for ihe audit of the charity's financial staicments TRUSTEES, REMIJNERATION AND BENEFITS 'I'h¢rc were nu trustees, remuneration or other benefils for Ihe year ended 31 March 2024 nor for the ycar ended 31 March 2023. Trustees, expenses 'I'h¢r¢ were no Irust¢cs' exp¢ns¢s paid for the y¢ar endLMt 31 March 2(J24 nor for the year ended 31 March 2023. 10. STAFF COSTS 31n124 3113123 Wagcs and salaries SoLial security casts (hhcr pcnsion cosLg 425,375 12.572 353,729 8,920 445.871 369,526 The avcrnge monthly numher Df ¢mploye¢s during the year was as follow5.. 3113124 3113123 Management and adminislrdtion Maintenance Educational 33 31 38 36 Page 15 continued... DERBY JAMIA MOSQUE NOTES TO THE FINANCIAL STA TEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 io. STAFF COSTS- continued No ¥mployccs reccivcd cmoluments in ex¢¢ss of £60.(￿. ii. COMPARATIVES FOR THE YfATEMENT OF FINANCIAL AcfiviTIES Unrestri¢¢¢d R¢.slri¢ied fund Total funds INCOME AND ENDOWMENTS FROM Donations wid IcgaLies 584,048 584.(H21 Charitible Activities Provision ot Islamic ¢duc4lion 181385 182.385 Other income I.IM)O To¢•l 767 433 767 433 EXPENDITURE ON Chgrit*ble Activities Pri)vi%ii>n ol'1.slamic education I'arav¥¢h prlly¢r5 1.441 I.IM)O 1.441 Othcr 587 791 587,851 To¢al 5IMI.232 60 IYET INC.OMFJIEXPENDITURE) 177.2UI (60) 177,141 RECONCII.IATION OF FUND.¢* Tntal funds bri)ught lorward 4.874.335 244 4.1174,57 TOTAL FUNDS CARRIED FORWARD 5 (151,536 184 5 051.7211 12. TAXATION The Lharity & regi51er¢d Charily and is th¢rcfore cxcmpi from iaxation. IJ. TANGIBLE FIXED ASSKTS Fixturc5 Trr¢ehTrld propcrty rillings Tol&l COST Ai l April 2Q23 and 31 March 2024 5.152.83J 432,433 5.585,266 DEPREC".IATION Ai l April 2023 Chargc for year 801.207 49.982 41 (1,784 7.172 1.217.991 At 31 Maruh 2024 851 189 423.956 275,145 NET BOOK VALUE Ai 31 March 2024 4.301,644 8.477 4,310,121 At 31 March 2023 4351626 4 367.275 Included in cost or valuation of land and l)uildings is frcehold land of £154.679 (2023 - £154.679} which is not dq)r¢ciat¢d. Pagc 16 continued... DERBY JAMIA MOSQUE NOTES TO THE FINANCIAL STATEMENTS- rontinued FOR THE YEAR ENDED 31 MARCH 2024 13. TANGIBLE FIXED ASSETS- Continued Ilistorical costs of freehold buildings, including improvement& are follows: 2024 2023 6 Rosehill Sire¢L Dcrby 52154 Dairy House Road, D¢Tby 97 Porter Road, Derby 1, 3. 5, 7 Ilolmes street. Derby 9 & 1 l Flolme5 Street. Derby {Land Only) 5. 6. 7 & 8 Whitaker Street t)erby (Land only) 106 Pnrter Road. Derby Villa&ye Stree¢ D¢rby 76 Whitaker Street Derby 3.543.071 504.697 61.492 47.082 85.585 69,094 133,321 612,656 3.543.071 504,697 61.492 47,082 85.585 69,094 133.321 612,656 5,152,833 5.152833 14. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 3113124 3113123 Prepayments. 5.437 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113124 3113123 T￿￿tIOn and wial security C)thcr ¢r¢dilors 5,936 56.1145 3.341 54.915 58.256 16. MOVEMENT IN FUNDS Net movement in funds At 3113124 At 114123 Unrestrieted funds General fund 5,051,536 53,414 5.104,950 Restrieted funds Rclgious C¢lebrations 184 184 TOTAL FUNDS 5 051720 5 105 134 Nct movement in funds. includcd in the ybove are as follow5.. In￿mIng rc50urcc5 Resources expended Movm¢nt in fund5 UnrestTlCted funds Gcncral fund 690,599 (637,185) 53,414 TOTAL FUNDS 690.599 637 185) Pag¢ 17 continued... DERBY JAMIA MOSQUE NOTES TO THE FINANCIAL STATEMEfiTS- continued FOR THE YEAR ENDED 31 MARCH 2024 16. MOVEMENT IN FUNDS - continued Comparatives for movem¢nl in funds Nd movemcT]t in funds Al 3113123 At 114122 UnrestTiCted funds General fund 4.874.335 177.201 5.051,536 Restrieted funds Rclgious Celebrations 244 (60) 184 TOTAL FUNDS 4.874,579 177,141 5.051,720 Compllrdtive net movement in funds, included in the aFM)ve ar¢ as follows: Incoming rcsources Resources ¢xp¢nded Movement in fund5 Unrestricted funds Cjeneral fund 767.433 15q).232) 177,201 Restricted funds Relgious Celebrations 160) (60) TOTAL FUNDS 767.433 SW 292) 177 141 A ¢urrenl yLar12 months and prior year 12 months combined posilion is as follows: Net movemenl in funds At 3113124 Ai 114122 Unrestricted funds General fund 4,874,335 230,615 5.104,950 Restricted funds Relgious Celcbralions 244 (60) 184 TOTAL FUNDS 4 874 579 230 555 5 105 134 A current year 12 months and prior year 12 month5 combincd nel movement tn fund& included in the above are a5 follows- Incoming resources Resources cxpended Movemenl in funds Unrestricted funds General fund ,458,032 (1,227,417) 230,615 Restricted funds Relgious Cclcbralions (60) {60) TOTAL FUNDS 1458.032 (1227.477) 230,555 Page 18 continued... DERBY JAMIA MOSQUE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 17. EMPLOYEE BENEFIT OBLIGATIONS The charity operdtes a defined contribution p¢nsion scheme. The pension w51 ¢h8Tge for the year repTesents contributions payable by th¢ charily io th¢ sch¢mc and amounted to £7.924 {2023 - £6,877). 18. RELATED PARTY DISCLOSURLS Thcff were no related party transactions for the year ¢nd¢d 31 M￿h 2￿14. Page 19 DERBY JAMIA MOSQUE DETAILED STATEMENT OF FINANf.IAL AcfivITIES FOR THE YEAR ENDED 31 MARCH 2024 3113124 3113123 INCOME AND ENDOWMENTS Donations legAcie8 Donaiions - M¢mhers Donations - Non-M¢mbers 189,543 285,383 489,424 584,048 Investment income Renls reLcived 4,550 Ch4ritable Aetlvities Tuilion fees 193,925 182.385 Other income AdvLrtising income 2.7(K> Total Incoming resource 690.599 767,433 EXPENDITURE Charitable activities Ilooks I'aravc¢h prayer5 3,918 1,441 7.8111 2.441 Other Donations paid 5,021 Support ¢o$¢s Finance R¢nl 14ank charges Oiher inler¥st 2,(K)2 136 2.138 60 Other Wage5 and salari¢s Social %ecurity PLnsions Ratcs In.surance LighL h¢al and power Telephone Printing, postage and stslionery Rcpair5 and mainlenancc Cleaning IT L05ts and maintenance DepreLialion of freehold property Depreciation or rixlure5 and fittings 425,375 12.572 7.924 10.057 6,506 42,839 3,379 5,298 43.036 2,869 374 49,982 353,729 8,920 6.877 27,545 5,605 37,616 ,396 6.665 74,463 I,(v17 1,224 49,582 617.383 582,441 Thi5 page does not fomi part of the statutory financial stai¢ments Page 20 DERBY JAMIA MOSQUE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 3113124 3113123 Other GovernAnce costs Auditors, remuneration Le￿al and profc5sional fees 4,500 325 4.250 1.100 Total resources expended 637 185 590 292 Net income 177,141 This page docs not form part of the statutory financial statements Page21