THE HILLFIELDS MUSLIM ASSOCIATION Charit Number 512053 REPORT AND ACCOUNTS YEAR TO 5th APRIL 2024
TRUSTEES, ANNUAL REPORT HILLFIELDS MUSLIM ASSOCIATION - CHARITY NO 512053 Trustees - Dr M F Suleman Mr l Kathawala The tfustees present their annual report annual report and the accounts for the year to 5th April 2024 together with the independent examiner's report. Constitution and Governin The Hillfields Muslim Association is registered with the Charity Commission (No 512053).The Association was established on 12th September 1976 and is governed by it's constitution created at the time of it's establishment. Professional Services During the year the Association used seNices provided by the following: Bankers Lloyds Bank plc Gosford Street Coventry Sollcltors Kundert & Co Coventry Accountants Mr Akbar Dedat Crystal Business Services Limited Chartered Accountants Coventry Aims Ob'ectives Activities The Association is responsible for the maintenance and operation of the 'mosque' complex situated at numbers 1-5, Berry Street, Hillfields, Coventry. The principal objects of the Assoclation is the advancement of Islamic values and education amongst the Muslims living in the Hillfields area of the city of Coventry. These objectives are achieved by the running of the mosque which provides daily prayer facilities., organising of classes for both adults and children., providing a community facility for the inhabitants of Hillfields., and providing guidance on social and religious matters when requested. The trustees are mindful of the Charities Commission guidance on public benefit and believe that the services and facilities provided by the Association do provide public benefit Administration The trustees are responsible for the general control and management of the Association. No remunerations are paid to any of the trustees. The trustees meet regularly and although they are responsible for all the decisions there are regular consulations with community elders and other meetings of the congregation. Some of the day-to-day management of the Association are delegated to volunteers who are changed on a regular basis. . Continued (1)
TRUSTEES. ANNUAL REPORT HILLFIELDS MUSLIM ASSOCIATION - CHARITY NO 512053 Trustees The task of appointing new trustees is principally the responsibility of the existing trustees. Again, detailed consultations are made with community elders and other members of the congregation. It is important that any new trustee is a regular congregation member and is well aware of the Association's objectives and operations. This ensures that the smooth operations of the Association at all times. Risk Mana ement The trustees regularly assess the risks faced by the Association and the measures that are in place to address them. rants The Association does not make any grants. Investmenls The Association owns a freehold residential property situated at 29, Berry Street, Hillfields, Coventry. Surplus monies are not invested in any deposit accounts or in shares and securities. Financial Review During the year the Association had net incoming resources of £8,178 {2023- £4,859) and at the end of the year the unrestricted reserves were £352,73012023- £344,5521.The trustees consider this level of reserves to be satisfactory and adequate to meet the Association's objectives in the foreseeable future. This report was approved by the trustees on 4th February 2025 rtHAknJ .Trustee H. f. (2)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HILLFIELDS MUSLIM ASSOCIATION I report to the charity trustees on my examination of the accounts of the charity for the year ended 5th Apri5 2024 which are set out on pages 4 to 7. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Act'}. I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(bl of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect'.- 11) accounting records were not kept in respect of the charity as required by section 130 of the Act., or 12) the accounts do not accord with those records,or (3) the accounts do not comply with the applicable requirements concerning the form and contenl of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 4th February 2025 Mr AKBAR DEDAT (member ICAEWI CRYSTAL BUSINESS SERVICES LTD. Chartered Accountants 265, STONEY STANTON RD. COVENTRY. CV14FP
HILLFIELDS MUSLIM ASSOCIATION Chari Number 512053 Statement of Financial Activities For The Year To 5th A rll 2024 2024 2023 INCOMING RESOURCES Incomin resources from Charltable Actlvltles Sale of books Membership fees 3,164 2,397 1.498 4,526 5,561 6,024 Incomin Resources From Genarated Funds Donations and collections Investment incomes (rents) 70,895 7,000 59,188 6,600 77,895 65,788 rotal Incomln Resources 83,456 71,812 RESOURCES EXPENDED Char5table Actlvltlos Wages Light & heat Insurance Water rates Repairs & renewals Books Teaching aids Ppe supplies Sundry expenses 56,352 7,508 1,016 1,123 2,875 1,094 930 398 52,424 6,138 942 1,011 1,157 1,942 1,332 44 11 3,982 1,963 Total Resour esEx ended 75,278 66,953 NET INCOMING RESOURCES 8,178 4,859 TOTAL FUNDS BROUGHT FORWARD 344,552 339,693 TOTAL FUNDS CARRIED FORWARD 352,730 344,552 ALL OF THE CHARITY FUNDS ARE UNRESTRICTED ALL OF THE CHARITY'S ACTIVITIES ARE ON A CONTINUING BASIS (4)
HILLFIELDS MUSLIM ASSOCIATION Chari No 512053 Balance Sheet As At 5th A rll 2024 2024 2023 FUNDS ACCOUNT General Funds - Unrestricted 352,730 344,552 352,730 334,552 Re resented b FIXED ASSETS Freehold Pro erties Functional 1, Berry Street,Coventry 3, Berry Street,Coventry 5, Berry Slreet,Coventry 16,736 40,293 70,631 127,660 16,736 40,293 70,631 127,660 Investment 29, Berry Street,Coventry 9,106 136,766 9,106 136,766 Fixtures & Fittings, Improvements 71,243 208,009 71,243 208,009 CURRENT ASSETS Cash In Hand Bank Balance- Lloyds TSB Paye Debtor 993 143,728 2,710 133,690 143 136,543 144,721 352,730 £ 352,730 344,552 £ 344,552 Approved by the trustees on 4th February 2025 Truste Trustee . ( &.{I.- (5)
HILLFIELDS MUSLIM ASSOCIATION Notes to the Accounts For The Year Ended 5th A ril 2024 1 Summary of significant accounting pollcies (al General information and basls of preparation The Hillfields Muslim Association is a charity registered in England. The nature of the charity's operations and principal activities are set out in the trustees, report. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'true and fair, view and have not departed from the Charities (Accounts and Reports) Regulations 2008 in order to provide a 'true and fair view,. The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the charity. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otheiSe stated. (b) Funds Unreslricled funds are available for use at the discretion of the truslees in furtherance of the general objectives of the charity and which have not been designated for other purposes. (c) Income recognltlon All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). (d) Expendlture recognltlon All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Irrecover8ble VAT is charged as an expense against the activity for which expenditure arose. (e) Tanglble fixed assets The trustees consider that the depreciation of land and buildings is not appropriate. Smaller moveable fixed assets are expenses in the revenue account. (g) Credltors payable wlthin one year Creditors with no stated interest rate and payable within one year are recorded at transaction price. (6)
HILLFIELDS MUSLIM ASSOCIATION Notes to the Accounts For The Year Ended 5th A ril 2024 (h) Provisions Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past event, it is probable that an ouiflow of economic benefits will be required in settlement and the amount can be reliably estimated. U) Tax The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered lo pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable organisation for UK corporation tax purposes. 3 Payroll costs The aver8ge number of full and part-time employees in the year was 13 (2023 - 131. There are no employees who received emoluments exceeding £60,000 in the year. There were no remunerations or disbursements for the active trustees during the year to 5th April 2024. The analysis of payroll is as follows'.- 2024 2023 Gross salaries 56.352 56,352 52,424 52,424 (7)