REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 FOR 18AD.UR.RAHMAN TRUST DfE Busine55 Advisets Limited Chartef¢d Accountants Sram¢ory Audilois The Exchange S Bank Street Bury BL9 ODN
lBAtUR-RNMAN TRusr CONTENTSOF THE FINAP4CIAL ATEmENTs FOR THE YEAR ENDEDJI MARCH 2021 P8g¢ lietM)rt of theTrnstt Rwrt ofthe Independent Audittsrs 9 to 11 Ststement of Fin#ntil Adivliies 12 Ststemtni of Fln#nthl Posi1 13 Sttemtni of Csh Flo 14 Nol¢s to the Ststernent of Cash Flow5 15 Notes to ihe Finaneial &tements 16 to 24
IBAINUR.RAHMAN TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 Introduetto* The tnis¢ was re8isrertd as a ¢harity 24 May 1982 and it is Bovemed by a trust dttd dated 9 March 1982, amended 14 SepiembeT 2012. OBJECTIVES AND ACTIVITIES Publle benefit Thc Trust was establishcd for the benefit of th¢ publi¢ in Manchesier. The moin objcclives of the Tnt are.. To establish a mosque to provide a place of worship for the Muslim popul8¢ioft of Manchester Jnd surnoundin8 areas To ¢slabli5h att education centre to provide Islamic teKhin85 to children and adults. To establish on infonnalion and research ceniTe for the SDJdy and dissernination of Muslirn thought. To assisi Muslims in arr4n8ing maTfia8e and fimeral certmotiies itt accordance with Islimic liw attd the la. Gr#ntmaking The truste¢5 ¢onsid¢r 8r4nt making an ¢ffeciive means of delivering aid using loul ¢hariiies. Such ch&riiies have experience, access to faciliiie& expertise. stsifand other resources W"¢b will make them betttt placed io deliver atd in a more effeciive manner. Examples of where 8Ld has be¢D delivered in this m•nn¢r include, Tsunami affected areas, South Asian E•nhquake areas and oih¢r naturdl di58sler areas as well a5 those areas where poverty exists. This has been delivered via established and recogniscd charitie5 such as, Muslim Hands, 151amic Reli¢f and rhe World Islamic Mission Welfare T$1. No su¢h grnn15 hav¢ b¢en made during the ¢urTeni or prior year. Volujhtary htlp ind gifts in kind Th¢ Tn1CC5 are very 8raltful to Ihe usets of the Mosque who give voluntsry donAtiorts to fvrther the aims of Ihe Trust. All the money llected by Ihe Trnsi arise5 from the weekly Collection after Friday Juma Prayer and collection on special oc¢asions such as Ramadan and Eid. The Tn1 is also held by volunteers who give their lime on Frid8y5 10 assLSt with colle¢iing donaiions and help the administy•tioTh with 8¢neral duli¢s lik¢ ¢l¢anin8 and 8cttin8 the mosque ready for Ihe Friday prayer5. Aetlvitle5 The activities of Ihe Twst ilUde.. Providing a place of worship for Ihe flve daily con8re8ahonai prayer3. weekly Friday Juma Pny¢r. Eid Priyer, Ramadan Prayers and other Holy periods. Providing a suppl¢m¢ntary school for the ¢ducalion of ehildren and Adults in Islami¢ Stydies, Qurnnic Stt¢dies, Arabic languag¢ and Urdu langyage. C8ny oul marriage, fiJn¢ral and other 5ervice5 in atcordance with Islami¢ trnditions. Providing 4 mortuary where lh¢ ix)dy of thc decca5cd can bc kcpt in accordance wilh Islamic18w. Providin8 a ritual wa5hin8 facility whert the body of the de¢e•sed ¢an be prepared foT byrial in accordince with Islamic law. Providing hclp and advirc for families of the deceased. Providing sporting and reereaiional activities for the youn8 pcoplc who use ihe mosque. Providing holiday play schemes for local childrcn. Collecting donations of food, clothing and mtsncy for chafirable g¢ts such as th¢ PakistaD Earthquake Appeal. Collecling donations for thc upkecp and nthIng of Ihe mosque 3t)d its aciivLIi¢5. En8ettderinEP gcod relaiionships ivith members of other faith eommuniiies
IBAD.UR.RAHMAN TRUST B£PORT OF THE TRUSTEE5 FOR THE YEAR ENDED JI MARCH 2021 ACHIEVEN(ENT AND PEBTrORMANCE Probitlon Offlce Building In Febnjary 2017 the Trust secured the purchase of the leasehold for the adja¢¢nt building vacated by the Probation Seryice. Tht Trusi was wailing for the Ciiy Couneil, who own the Freehold, lo agree to 3 change of use from Probation Services to Cotnmwiity and Edutaiional se1¢¢$, before taking possession of the building. The cbalige in the use was agreed and Iht actual completion took pla¢e in June 2018 with the chang¢ in use aÈreed by the council in April 2019. The Trust has established the Manchester Muslim College {MMC) in the Probation Offi¢¢ Building. The aim of MMC is to train Imams who are resident in thi$ country and hav¢ a good grasp of English. This is a Five yc&r Course and success1 swd¢Dts will 8rnduaie as Imam$ #nd will b¢ given the title Moulana (Malel and Alimah {F¢malel. The Trusl i5 now running 'The Friendsh)p and Wellbeing Group, programme every Tuesday for Ladies and Wednesday for men. The Tnjst has a150 Started various community based 8¢tivilies for Ib¢ local community. Th¢ Trusi has allowed Ihe NHS to us¢ th¢ M8nchesteT Muslim College building a5 J Vaccination Cenire to administer Covid 19 Yaccin¢5. Reconstruttlon of the Mosque Bulldin£ The main Mosque building has beEn d¢moli5hrd and Work has started on building a new 1or8er ind more impressive building tts replace it, the completion dal¢ hag been revised. The delay in the proj¢¢l completion is primarily due to ¢hangiDg of the coniractor. All funciions of the Mosque are iaking pl8¢¢ in Ihe AnneKe bujlding during Ihe period ol reconstruction. The extemal sttwcnLr¢ of the n¢w M05que is complete with Dome and Minarets. The TNstees are in the process of appointing coniraclors for the ini¢rnal work. Tlie building work on the new mosque has progr¢sJed and IS Dear completion. The new Completion date is September 2022. Sisters Study Clrcle al North Mancht5ter Jamlg M95jld The Sisl¢TS Srudy Circle ISSC) is brought aboul by Ihe n¢¢d for siru¢ttwed activities for women and children in the lo¢al Muslim community of Cheetham Hill, The SSC rSt Started meeting in F¢bruary 2009 on & Saturday mornini in the North Manchester Jimia Masjid (NMJM) and since then Ihey h&v¢ continued to gather weekly lo.. ensure the well being of Muslim women Bnd children in the communily to refresh knDwledg¢ and learn more about our f&iih to assisi each oih¢r in developing self-confiden¢e and self-rE5pe¢t to enable each other 10 deal with issues faced by Muslim women to Share ¢xperienees parenling course held for local paren1$. The study circle srtS with the recitaiion of i v¢r$e from th¢ Holy Quran and then movts on to J $hort story aimed at the younger ¢hildren. This 15 followed by a ialk on a topic of inler¢s1 by one of th¢ 5jSt¢T$. and a¢ th¢ end all sisters are invited to discuss, offer their opinions and ask quesiions. The programme Is ended by sisiers joiThin8 iogether io recit¢ Na5heed. Dhr ond Salaim. The SSC has algo organised PTogrammes for the wider community such as annual Eid Milaad-un.Nabi (Birthday of Ihe Prophet Mohammad Pea¢e be upon him) programme5 dnd Eid partics which are very successful. Annually the Eid Milaad-un-Nabi prograrnrne is attended by over 700 women. Nasheeds ore recited by childT¢rt %vho study ai the M05qU¢'5 evening school and by tli¢ SSC sisters. Inspiring speeches are given by invit¢d guesi$ and food is provided al tILe end of the programme. SSC also hold fundroising Eid Parties. All the money raised is donated io the Mosque Redevelopment Projeci furtd.
IBAIUR.RAmMAN TRUST REPORT OF THE TRUSTELS FOR THE YEAR ENI)ED JI MARCH 2021 The event includcs a bouncy ¢as11¢ athd 8ame5 a[ activili¢5 for children and hot food and snacks ar¢ available throu8bout the day at the numerous food 5talb. Thcre arc 5talts, sell8 art5 aDd crafts, jewcllery, shawls and s¢arves, ba8s and 5hoc5. books and CD5 and much more. An auction of doThated items g¢ncrously provided by local bu5ine5ses and individuals is also held towards the end of the pro8rnmme. The SSC raised several thousand pow)ds for the Trust during this financial year. We hope io ¢oniittue with these events in forthcoming years Is well as ananging events Slhch as PiCnie•in-the-park and day Irips 10 local places of interest such as seaside resorts and amusement park5. In addition to holding Eid prayers in th¢ Mo4u¢, praytTS were $•id in i loul park (Hc#ton Park, mcheSter). sPpIernet#ry School Thc Supplcmentary School h•s grown from str¢nyh io $rTen8th. We now have over 21Th) ehildrtn who aNtttd classes in Islamic swdies. QraThi¢ %dI¢S and modern forei lan8ua8¢s sueh as Urdu Ind Arabic. They attend the school from 5.00pm to 7.pM e8¢h weekday. A new uniform b¥ btett 1tltrodtd give the children i sens¢ of pride and belon8in8. 22 part lime ieachers have been taken on lo te8ch the Children. Regular trainirt8 is provided to the teacher5 by our Iman and Ihey have olso atiended saft-8uardin8 training provid¢d by th¢ Lwal Authority. Additionally the teachers ttlso a¢t¢nd¢d the ¢1gss room mana8emeNi tsainin8 m th¢ y¢aT. FINANCIAL REVIEW Flnancl¥l po$iilon For Ihe year ended 31 March 2021 the total ineomin8 reJourt¢s 4mount¢d to £741,366 (2020.. £683.4011. Of this incorne £738,481 wa5 received by way of donaiions. with £356,322 ¢lwified a5 resiricied hjnds bein8 donated 5pe¢ifically in response to an appcal for the de¥elopm¢nl of ihe Mo4ue Bnd ka¢. The bAlan¢e is urwesrricled and undesipLa*d. Other income relai¢s 10 bank interest r¢c¢ivable which toialled £2.88S. Resource5 expended iotilled £392,870 compared to £437,462 in 2020. Nei resources for th¢ year w¢r¢ £348,496 (2020.. £245,939). Res¢rveJ pollcy and fittanclal polley: The ItU51¢¢5 havc examined Ihe need for free reserves i.e. those unrestri¢led not inv¢51ed in taThgible 4sse¢s, designated foi specific puyposes or otherwise ¢ommitted. The Ttt$ consider tha4 8jVtn the nature of ihe ¢harity'5 work and its commitment, Ihe level of free rtserves should be 5u¢h as will enable ihe chllrity to meet it5 commiimenis for the foreseeabl¢ fvture. The $tatemenl of financial position shows total reseryes of £7220.898. Of this, £3,210.276 is represented by unr¢slri¢ted fvnds which is for the sypport of th¢ ¢blty objeciives. Going concer After considering lhe rol¢ of Ibad.UT-Rahrnan within the wider wmmunity risk management, tht TnLStees have rca50nablc expeclalion that th¢ trust hav¢ adequaie TesouTces and cjsh flow$ io mee¢ iheir spending commitments for the forcsttablt re. Weekly donations cortiinue 10 exceed ongoing nJnnirt8 costs of ihe ChLty. Accordingly. they continue 10 adopt the BQLng conccrn basis of Counting in pfcp8Ting the financial staiemenls.
IBAD.UR.RAHMAN TRUST REPORT OF THE TRUSTE FOR TAE YEAR Ef4DED 31 MARCH 2021 FUTURE PLANS The Trustees plart LO.. Coniinu¢ lo mttl the nttds of the growing Muslim conmiuniry by offering services thal are idcntified by the COTtllnunity. Review the mana8ement Stnlure of the Tru5¢ 10 bring in new expertise. Create a link bctwttn the Annex Buildittg •nd the main building to provide more spate for larger Congregations Build retail or office piemises on land owned by the Tn¢. Rental inwme ftoin the premises will be a regular source of income for the Trt. A s¢cond flr has been added to the Annex Building in preparaiion for the Te41evelopment of th¢ rnain Mosque building. This has incre&%ed the capaciry of this building to over l.LX)O worshippe. During the reconstluclion of the main Mosque buildin8. two wngregaiional prayers will be held on Frhdays. The work si•rted on buildu •14rg¢r mo4u¢ in Odot¢r 2015 and is expeci¢d to be completed by S¢pt¢mber 2022. A new college by the name of Man¢hesiei Muslim Colle8e has now betn sel lip in the Probation building purchased in the year. Th¢ college will be providiog a five year ¢oyrst for swd¢nts who wish to become an Imam. The College has Temakned open through this difficuli time, with matty lesson5 tAkin8 plxe online. STRUCTURE, GOVERNAf4CE AND MANAGEMENT Ggvtrning documetht The chirity 1$ controlled by it$ 8ovemin8 duMe11( • ITllSt thed dited 9 March 1982, amended on 14 September 2012. Organlsatlon•l Jtruclure The original Trust deed allows for 8 rn&ximum of 5 Inle¢s. The powers #rtd duties of the Tn¢5 clelY outlined in the rru5t deed. The Trusi is bas¢d at North Man¢hesier Jamia Mosque. 3 Woodlattds Rd, Che¢tham Hill. Manch¢s¢er, M8 9LF. The TNSI now ha$ 3 full lim¢ ¢mploytts (Chi¢f Imim. Trust Manaw Jn offiee MInIStrAtOr1¢¢t?ktr>. 3 part tim¢ Assi5tsnt IMAMS, 22 part time ieachern of131ami¢ Swdie4 Arabic and Urdu I part ume caret•kerl¢leancr. .The Trust ha5 set up i mana8ernent ¢ommitttt of 31 membeT5 to help with orBartisalionJl tasks. This manA8emenl committee is divided into sub40mmittees, nam¢ly.' Reli8ious Affairs FinancelAccounts EducatiospOrtsc1surc Buildin8 Mainlenancelsecurity CulDJraVfeslivaVcattrLII8 These 5ub.¢ommitlee5 have clearly defined ro1¢5 aThd responsibilitie5 and their actLVlties are closely monitored by the Ttusiees. Each 5ub4ommittee is headed by on¢ of Ihe TDJS$. De¢i5ions rteed 10 be ratified by the Trustees.
IBA[VR.1l1HNLN TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 202J Trustees, responsibilities The tN$l d¢¢d requires thai the tNstee$ keep propEr books of account and records 5howiDg all r¢¢eipts and paymeThts and containing all such re¢ords as may be appropriaie to the Tunning of the trusL In addition, trustee5 must.. Select suitable accounting policies ind apply them ¢onsisienrly. Make judgments and estimate5 that ar¢ r¢asonabl¢ and prudeni. Follow applicable accountin8 Standards disclosing ally disparities iTh the account5, and prepar¢ th¢ accounis on a going concem basis unless il is inappropriate to as5Utlle that Ibe ttU5t will continue to operate. The trnstees hav¢ ajso complied with thew dutie5 under se¢¢ion 4 of the Charits"es Aci 2011 regarding public ben¢fit requirement by defining the charities, objectives (Page l) as for the public benefjt ahd ensuring the activities undertaken dwillg ilie year meei those objectives. Rtcrultment amd Appolntment of Trustees The existing trustLes a¥e responsible for Ihe recruitment of new trusiees, bul in $0 doing ihe trustees seek the view5 the wider ¢otnmuThsry. The tnletS believe ihis approach ertsures that new Irustees are respected members of the faith aDd local communitie5 and ensures that 8ood relaliorts are fosteTed between the Mosqu¢ and the peopl¢ of the local ommunity served. In sel¢cting new tru5ft¢5, the tnulees seek lo ideniify people who re8vlarly attend event$ and fijnctions organised by ¢hc Charity and are willing to volunteer lo help in our broader ¢ommunity work. Potential tNslecs Arc invited lo attend truslee5' meeltngs a5 observer5 and are given more de¢ai15 of the clLarity'S aims and aeiivities and. if all agree, they are then proposed as iiew ttustees al the subsequeni trnslees, meeting. This process allows due co¢)sideration of the person's eligibility, personal comp¢ten¢¢, 5p¢¢ialisl knowledge and skills. Induction and Training of Trustees Following appointrnent. new trustees are introduced to ttkeir new role and given copi¢5 of th¢ Trnst D¢¢d and advised of the ptslicies and PToceduTes adopted by our charity. A number of publiutions from the Charity Commission are also provided, including Ihe Buidanee on charities and public ben¢fit and on the advancement ol religion for the public benefit. This ensures that new tnetS are aware of the scope of their TesN>nsibilities under Ihe ChaTities ACL Initially tiew In151e¢5 work with an existing trustee assisting on particular activities and proje¢ls run by the charity. After satisfactory feedback from exisiing trustees. Ihey are ihen given th¢ task of leading a particular activity or proj¢¢( reportinE progress ai trnstees. me¢rings. Risk management In line with the requiremeni for irnslees to undertake a risk ass¢55rnent ¢xercise and identify key risks Ihe Irust faces in England and Wales. the IteeS hAve revi¢w¢d the m¢gsur¢5 in placE, or needing io pui in place. to deal wilh ihese risks. There are ihree main areas of risk thai has been identified by th¢ truste¢s. Govetnance and management Operaiional RepuiatioThal Gov¢niaDce and managetnent - this looks ai Ihe risks of the charity arisiThg from lack of direction. ai the skills and ITaining ofÈts members and siaff, and the good use of its resources. The power5 and duties of the trustees are clearly set out in the trust deed. Thc managenicnt comtnitiee mernbEr5 help with the organisational tasks and their 101¢ and responsibilities are c105ely moniiored by the tnjsiees. The extension of the biiilding 10 cater for funelal facilities and building of a ur park are one of Tnany steps Lindertaken to r¢flect good use ofresources. Opcraiional thks looks ai ihe risks inhefeni in Ihe chariry's activitie5 includiThg the process of colleciing donations. the unsuiiability of buildings. poor maintenance, 5hon-comings in the services provided. poor healih 8nd safety. lack of a disaster recovery policy etc.
IBAluR.RAHmAN TRUST REPORT OF THE TRVSTEES FOR THE YEAR ETrIED 31 MARCH 2021 DonatiOD5 collecied during the week are kepl in a setured 'safe' banked PTomptly by designated trLL8iee. A separate record is made for ally donations Collected for a spccific purpose and main¢ained by a desia(¢d tnlslee. There ar¢ security alartns. fire alanns and a CCTV syTtem in place within and Iround the SqUe to ensure rnaximum safety and security of the propety, per50tULel and congregation on a coThtiThUOU5 basis. Reputational - thi5 looks at Possible damage to the eharitys Wlutstion that can arise from mis-use of donated income. recruitment of non qualifjed Imams or lectsjrers ¢ic. Havin8 a formal rectuilment process in place will ensure th81 quality of seryice is maintained by the charity. Covid 19 The Covid 19 pand¢mi¢ had a majoT Lmpa¢t io the wotk of the TnL%t. Due to the National lockdo the Mosque was ¢omplelely closed for a long period of lime. Th"s was followed by a period when congregational prayers were not perniitted and worshippers could only come itk for individual Praye under strict conditions to protect them againsi Covid infections. The tA)ckdown meant that the Mosque was closd during Ramadhan 2020. The Lockdown r¢5ulied in big reduction in the amouTht of donations received by the TrusL We wer¢ eventually abl¢ to open for congregational prayers with strict Covid 19 prevention procedurts such as.. booking in worshippets. social disiancing. hand sanitiSiDg. f3¢e masks, bring owo prayer mats and ablution from home. These restrictions meant that we ¢ould only accommodale around 2i°h of the worshippers thai we would Dornially have had foi Friday prayers. Ow Madr&5sah classes were also closed for many monihs Te5ulting in children rnissing th¢ir religious 1¢5sons. The Tnl has belpcd the local community with Covid 19 prevention by allowing the NHS to Use ow Manchester College Building as a Coyid 19 vac¢in8tioD centre. Thousan<L5 of people have received their vaccinations through our ¢entre. W¢ also trained volunteers to p¢rfonn the Tittjal of Islamic washing and sbtoudiDg of pcople who had pas5cd away due to Covid 19. At one point we were the Only M05que in m?hester offering this imrtant religio5 service atld received bodics from 811 over Gre4ter Manch¢sT.
lBAD-UR-RAHN TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 REFERENCE AND ADMJNISTRATIVE DETAILS Registered Charity number 512616 Prln¢lp•l address North Manchesier Jamia Mosque Itbad-Ur-Rahman Tnjst) 3 Woodland5 Road Cheeiham Hill Manchester M8 9LF Trusttes M Azmi K Hussain l Hanif G Hassan D Fozdar Audltors DTE Busin¢3s Advisers Limiied Ch2rt¢r¢d A¢¢ountaThts Statutory Auditors The Exchang¢ S Bank Strtel Bury BL9 ODN Banker$ United National Bank Lid. Unil 4, Cheeiham Hill Shopping Cenler 40 Bury old Road Manchester M8 SEL STATEMENT OF TRUSTEES, BISPOIYSJBILITIES The trusiees are responsible for PTeparing the Report of iht frystees and the fjnancial statements accordance with applicable law and United Kingdom Accounting Standards (United Kt'ngdom Generally Aeeepied Accounting Practi¢¢). The liw applicable to eharitie5 in England and Wales, the Charities Act 2011, Chariry (Accounts and Reports) Rtgulalions 2008 and the provisions of the tntst deed requires Ihe trustees to prepare financial statements for each financial year which giv¢ a trL2e and fair viemi of the stale of affairs of the chaTiry and of the incoming r¢3ources and appli¢ation of resources, including ihe income artd expendiDJre, of the charity for that perio(L In preparing those riDancial 5taternenis, the trustees are required lo select 5uitsble accounting policies and then apply them consistently. observe thE methods and principlE5 in the Charity SORP. make judgements and estimaies ihai are r¢a50nabl¢ and prudent. slate wherher appli¢abl¢ accounting standards have been followed, subjetl to any material deparnres disclosed and explained in the fjnancial $(ai¢ments' prepar¢ ihe finan¢i81 stsi¢meThls on the going concern ba515 unless il is inappropriate to presume that the charity will continue in busint5S.
IBAI%UR.RAHMAN TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 STATEMENT OF TRUSTEES, RESPONSIBILITIES- eootinued Th¢ ttuslet5 are Tesponsible for keeping proper accounting recorth which dis¢los¢ with reasonabl¢ accuracy at Bny time the financial position of the Charity and EQ enable them to ensure thai the financial statements comply with The Charities Act 2Ql I, the Charity {Ac¢ouots and Reports) RegulatioL% 2(K18 and the provisions ol tbe trust deed. They are also responsible for safeguarding the assets of the charity and herKe for taking re050nable steps for the prevention and detection of fraud and other irreguian"tses. Approved by order of the board of ¢n¢e5 on........... . and $ied on its behalf by.. att - Tntstee
BEPORT OF THE INDEPENDEPIT AiJDITORS TO THE TRUSTEES OF IBAD.iIR.RAHMAN TRUST Opinioll We have audited thc fLnazLcial statcmeDts of Ibad-Ur-R&ht)w) Trusl (the '¢ban"ty) for th¢ year ended 31 March 2021 which Comprise ihe Ststemenl of Financial Activities, the Srat¢ment of Financial Position. th¢ Stht¢ment of Cash Flow$ alld notes to the rjaI]C¢al statements. including a Summary of Si]ficant accountitkg PDlicie5. The financial reporting framework that ha5 been applied in their prepatsiion LS appliuble law •d UJIJ Kingdom A¢¢ountlll8 Standards IUni¢ed KJ"ngdom Generally Accepted Accountin8 Praclice). In ow opinion the fjnaocial siatemettts: givc a true and fair view of the 5tste of the chaTitys offairs as at 31 March 2021 and of its iOrnIng resources &tLd application of resources, for thc year then endcd. have been Properly Prcpared in aecordance with United KiThgdom Generdlly Accepted Ac¢ounting Practice,. and have bceTh preparcd in accordance with the requirtments of the Charities Act 2011. Bgsis for opiniort We conducted our audit irt accordance with Iniernational Sfandards ort Auditing (UK) USAS (UK)) and applicable law. Our spOnsibl1111¢S under those stsndards ale fither des¢ribed in the Auditors. r¢5ponsibilities for ihe audi¢ of the finan¢ial statern¢nts 5¢Ction of our report. W¢ aff indeFtThd¢Tht of the cbarity in accordance wÈth the ethical r¢quiren)enis that ar¢ relevant lo our audit of the financial starements in the UK. including Ihe FRC'S Ethi¢al Stsndar& and we hav¢ fulfilled QUT Otber ethical reSpolbilitieS in accordance with tbese requirements. We believe thai rhe evidence WE have obtained is sufficient and appropriate to prowde a basis forour opinion. Conduslons relatlni to golng eots¢ern In auditlllg the finart¢ial $18tements. we have wnclvded that th¢ tru5tee5' w of the going CODcern basts of accounting i the preparation of th¢ fJnan¢ial statements 1$ appropriate. Based on the work we have performe4 we have not ideniifi¢d any marial uncertainties relalin8 to events or conditions Ibat. individually or coll¢¢ti'iely. may c&st Si8wficant doubt on the charl$ ability to ¢OJllinue as a goin8 ¢oncern for a period of at least twelve rnonths from when thE financial 5tatemeThrs are authoTis¢d for issue. Our responsibiliu¢s and the respoosibilities of the trLLStees with resF¢d to going con¢em ¥e des¢ribed in the relevant se¢iions of this T¢PQrt. Other ittlormatlo The ttustees are resportsible foT the other infoTmation. The Oth informaiion Comprises the inforniation included in the Annual R¢port. othtr than the financial statements and our Repon of the IndtpcThdeni Auditor5 thereort. Our opinion on the financial siaiements does not cover tht other information art& excepi io th¢ extent othen¥ise explicitly siaird in OUT repo we do not expre$5 any forn of a55urancc Conclusion ther¢on. It) connection with our audit of the financial siatements. our T¢5ponstbility 15 to rud the oiber inforn)ation and. itt doints so, corb5id¢T whether the other infom)ation is materially incon5iStent with the financial sta¢emeThts or our knowledge obtaincd in the audil or otheNis¢ appears ro be materially misst•d. If we identify sucb mgterial incotLSiStencie5 or appaTeNI material missiatements, we are required io deiemiine whether this gives rise to a tnai¢Tial missraiement in the rinancial sraiements themselves. If, b&%ed on Ihe WO we have F¢rfomJe¢ we conclude ihere 15 8 Mala1 missiatemeni of thtsoth¢r infom)ation, we are required to w ihai faci Wt have nothing to report in this regard. Matters on ivhich we are required to reporl by exc¢ption We have nothing to report in respeci of the following marrers where the Charities [Aounts and Reports) R¢gulation5 I8 Teqiiir¢s us 10 Teport you if. in OUT opinion.. Ihe infomiation given in the Report of ihe Tntr¢s 15 incotL%i5tent in any material respect with the financial siaitm¢nis'. or suffictent accounlitlg records have noi been kepi,. or the fjnancial statements are noi In agr¢¢m¢nt with the accourtting re¢ords al tetUrn5.' or we have noi fe¢eiv¢d all the inlonnaiion and explanations we require for our audil.
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF IBAD.UR.IL4HMAN TRUST Respon5ibtlities o( trustees As explained more fillly in the Statrtnettt of Tru5tces' RespoDsibilities. the w(ees ue tesponsible for the pr¢paTation of the financial statements which give a true and fair view. and for such interna] control as the Itee$ detennine is necessary to enabl¢ th¢ PT¢paraiion of fLnan¢ial statements that Are free from material roisstatement, wheihcr due to fiaud or error. In preparin8 the fLnan¢ial str1emen the are responsible lor a55essing the charity'5 ability to continue &s a going ¢oncem, disclosing. applicable. matters related to going concern and using the 8OLng cottcern basis of ?OUnting nless the trusiees either intend to liquidate the charily or lo cease op¢rntions, or have no realistic aliemative but to do so. Our Tt4bonsibilities lor ihe Audit of tbe fjDrt¢lal $tsternents We have been app)iThted as audiiors under Seuioft 144 01 the Chwiti¢5 Act 2011 and rert in accorda[e with the Act and relevanl regulatio$ made or havirL8 effeci th¢T¢undet. Oui objectives ar¢ to obtain ieasonable surance about whether the fjnancial staiements ls a whole are free fmm material rnissiat¢meDt, whether du¢ to fraud 01 error, and to issue a Report of the Independent Auditors that includes OUT opiThion. Reasonable assuran¢e 15 a high level of assurance. but is not a guarantee that an auth"t coThdu¢ied in cordanCe with ISAS (UK) will always detect a tnaterial rnisststement when it exi5w Mi55tatements Can aTise from fraud 01 error and are considered maierial if, individually or in the aggregate, they could reasonably be ¢xpetted io iDfluence the e¢ottomi¢ decisions of u$ takenon the basi5 of these fijuncial 5tatemoits. Th¢ extent to which ourpriedures are capable of detectin8 iTteguiarities. iDcluding fraud is detsiled below.. Irregularities, includJ"rt8 fraud, art insthoc¢s of non-¢ompliatLce with laws and regulations. We design proccdure5 in lin¢ with OUT re5pon$ibilitte5, outlined above. to deteci rnalerial misstaiernents in respect of irregularities. including fraiid. The eKlend 10 whith our predre5 are ¢apable of dete¢iing iueguiatities. in¢ludin8 fraul is detsiled below. As part of our planniNg proteu: W¢ enquired of management the $ys¢ms and ¢¢)nirols the charity has in place, the areas of the flnancial statements that are mostly Su¢ptib1¢ to the risk of irregularities and fraud, and whether there was any known, suspected or alleged fraud. Tr¢ charity did not infonn us of any known. suspected oralle8ed fraud. We obtaitted an understanding of the legal aThl regulatory frameworks applicable to the ¢barity. We de*miin¢d thai the following were rtLOSt relevant.. Chan"ties SORP (FRS 102). Companies Act 2006. Charibes Act 2016, atkd health and safety legislation. We consideTed ih¢ Jrtcenlive5 and opportunities thai exist in the charity. including the exteni of management bias. which pres¢ni a pokntial for imglllaiiries atld fraud LO prFeale4 al iailored our nsk 2sse55m¢nl ar¢ordin81y. Using our knowledge of the charity. togeth¢rwith the discussion5 held with the ¢harity at the planning stage, we fomed a conclusion on the ri$k of missraiemeni due ro irregularities including fraud and tailored our procedures according to this risk a55e55men¢. io
REPORT OFTHE INDEPENDENf AUDITORS TO THE TRUSTEES OF IBAtUR.RAI[mAN TRUST The key pro¢edur¢s we yndertook to detect irregul*Tilies intluding fraud durlng the course Df the audit included: Perfom)ing walkthrough rests of income and exFrtnses to ¢Dsur¢ that appropriate control$ and segregaiion of duiies are in place. Reviewing the flnancial ststement disclosures and deternining whether accountin8 pjlicies have been appiopriaiely applied. R¢vi¢win8 ¢hall¢ngiDg the assumptsons aDd judgemeThts used by management in their sigrufJLxnt accounting ¢5tinate5. in partkcular ID relation to depreciati¢)JL Assessing the extrDt of tompliance. or lacko( with the relevani laws alld reguiatiotkE. Testing key Aticome lities for evidence of management bias. Documenting and Veri.8 all $ignifKant le1¢d parry banceS and rransactton5. Reviewing documenthiion swh as the ffiLStees minutes for di5CU55ions of irregularities including fraud. OwiuÈ to ihe InhenI limilatsons of an audi( thcr¢ 15 an wiavoidablc risk that we rnay noi have detec some material mis5t2tements in the fjnancial statemeDts even though wc bavc propeily planned and perfornd our audit in accordan¢e with auditing standard5. The primary responsibility for the prevention and deitction of irregularities and fraud rests with Ihe trusi¢e5 of the crJtLty. A rther de5CriPtion of our responsibilities for the audli ofthe financial statements is Iwated on the Fitiancial Reporting Council's website at www.frc.owukJauditotsresponsibilities. Th15 deKription fonns partof our Report of the Audiiors. A furtber description of our Tesponsibiliti¢s for the audit of the fitkancÉal statements 15 located on the Financial Reporting Council's web5lt¢ at www.frc.or8.uklauditOTsresponsibililies. This de5CriPtion fornjs p#rt of ow Report of th¢ Independent Auditor5. Use of our report This report is mad¢ solely to th¢ charitl$ tnustees. as a body. in accordance with Part 4 of the Chariiies {Accounts and RepoTts) Reglllations 2(M)8. Our audit work has been undenakeD so that we rnight state to th¢ ¢harity'5 tystees those matters we art required state io them in OD auditors, report and lor no Oth puryY)se_ To the fullest extEnt perrnitted by law, we do not accept or assume Te5pon5ibility to any¢)ne othet than the charity and th¢ charity's trustees as a body, for our audit work. for this Tepoo or for th¢ opinions we have fom)ed. JL DTE Business Advisers Lirniied CharteTed Accountants SiaDJtory Authiors The Exch2nge 5 Bank Street Bury BL9 ODN Date.. 24 June 2022
jBUR.RAHmAN TRusr STATEMENT OF FXF4ANCIAL ACTIVITIES FOR THE YEAR ENDED 3] MARCH 2021 2021 Total fuDd$ 2020 Total fullds Unrestricted hJnd% Restricted n(b INCOME AND ENDOWMEf4TS FROM DonatlODS and le8acics 382.159 356J22 738.481 677,479 Inve51ment illcome 2085 5,922 Total 385.IM4 3%J22 741 J66 683,401 EXPENDTfuRE ON Chariiable activitie5 Wages Establishment cos Donation5 Edueatyon and Guest speak¢ GovernanGe costs DepTEciation 151.110 89,954 522 48,990 6,417 85m8 151.120 89,954 S22 48990 6,417 95167 168.437 93.719 33.010 40,106 5.754 96.436 9989 Total 382181 9,989 392I70 437.462 NET NCOME 2.163 346J33 348.496 245.939 Tr2tsslers between fun 14 (22&149 228.149 Net movement ill funds (225986) 574,482 348,496 245,939 RECONCILtATION OF Fvf4DS Total (ndS brought forward 3.436362 3.436,140 6.872,402 6,626.463 TOTAL FUNDS CARRIED FORWARD 3310376 4,010.622 7.220,898 6,872,402 The notes forn part of these financial stalemenls 12
IBAlkUR.RAHMAN TRUST STATEMENT OF FINAf4CIAL POSITION 31 MARCH 2021 2021 Total fuThd5 2020 Total funds Unrestricted funds Restricted fijnds Note5 FIXED ASSETS Property, plant & equipment 2J25229 3.9844SI 6J09,680 . 4.593,947 CURRENT ASSETS Debtors C&Eh at bank #nd in hand 12 14,118 923,438 26.171 949,6119 2.309.735 937,556 2Q171 963,727 2.327.346 CREDoRs Amounts falling due within One year 13 (52,SO9) {52.509) {48.891) NET CURRENT ASSETS 885.047 26,171 911,218 2.278,455 TOTAL ASSETS LESS CURRENT LIABILITIES 3.210276 {010.622 7,220,898 6,872,402 NET A&8ETS 3,210,276 4,010,622 7,220.898 6,872.402 FUNDS Unrestriclcd funds Restriclcd fur 14 3.210,276 4.010.622 3.436.262 3,436.140 TOTAL FUNDS 7,220.898 6.872.402 The finanelal statements were •pproved by the Board of TnJs¢¢e5 and aullrised for issue and were signcd on its half by: on K Hu5sain- Tnjstee The notes forni pan of th¢s¢ fJoaThcial statements 13
IBAD.UR.RAHMAN TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 IURCH 2021 2021 2020 Notes Cash flows from operating aciiyities Cash gen¢rated from op¢ralions 448,589 344,341 Net cash provided by operating activitie5 448.589 344,341 Cash flows from iDvesting activities Purchase of Property, planl & equipmcnl Interest received {1,811,61)0) 2.885 1157,113) 5,922 Net cash used in investing a¢livitie5 (1,808,715) Change In ¢35h and cash equivalents I the reporting period Cssh cash equivalents at the beginning of the reportiDg period 11,360.126) 193,150 2J09,735 2.116,585 Cash gnd eash equivalent5 at th¢ end of the reporting ptriod 949.609 2,309,735 Th¢ notes forni part ofihese fin3n¢ial ¥latemertlS 14
EBAlkUR.IL4HMAN TRUST NOTES TO THE sfATEMEYf OF CASH FLOWS FOR THE YEAR ENDED JI MARCH 2021 RECONCILJATIOt4 OF NET INCOME TO CLSH FLOW FROM OPERATING ACTtvrrIES 2021 2020 Net income for the reporting period (a5 per the Ststement of Financial Activities) Adjustments for: Depreciaiion charges Inieresi received Decreasel(increase) in debtors Increase in ¢ditorS 34&496 245.939 98867 (2I8SI 3,493 3,618 96,436 (5.922) (1.168) 9.056 Net cash provlded by operatltsns 448,589 344,341 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.20 Cash flow At 31.3.21 Net tish Cash it bank itsd in hand 2J09.735 (1,360,126} 949,609 2J09,735 (I J60.1261 949.609 Total 2J09.735 (IJ60,126) 949,609 The no$ fom? partoftbcsc financial stht¢ments Is
IBAlVR.RAHIN TRUST NOTLS TOTHE FINANCIAL STATEMENrs FOR THE ITAR ENDED 31 MARCH 2021 LEGAL STATUS Ibad.Ur-Rahrnan trtt is r¢gulated by chariry commission since registration on 24 May 1982. ACCOUNTING POLICILS Basis of pr¢paring the financi41 stst¢Jn¢nts The financial stsiements of the charity. which is a public E¢tLefiL entity under FRS 102, haye been prepared in accordance with the Charities SORTr (FRS 102) 'AccouoiiThg and Reporting by Chle5.. Statezlleni of Re¢ommended Piaciice applhcable to ¢haritie5 prcparing their accounts in accordance with the Financial Retx)rting Starhdard applicable in ihe UK and Republic of Ireland (FRS 102) (effective l January 20191., Financial Reporting Standard 102 Tr¢ Financial Reporting Siandard applicable in th¢ UK and Republi¢ of Ireland, and the Charities Aci 2011. The Iinan¢ial Stslemcnts have been prepared under Ihe historiral cost ¢onvettiion. as modified by the alUatiOn of Cerfain assets. The Trustees have considered thc llnpxt of the pandemic ort the tnjst and Te¢ognik tbai the fvture Canft be predicted with certainty. The Tru ronlinued to bc supymttd throughout the lockdow After considering the rolc of Ibad-Ur-RahTnan within the wider cornmunity Id¢scribed on pages 14$ of thE Tnjsiee's report) and risk maTha8ement, the trustees have rea50nablc expecralion that the trust has adequate resources and cash flows to meet ivs spending commiDnents foi the foreseeable fvture. Weekly donations continue ro ex¢eed on80ing wnning ¢osts of the chanty. The lrnstces believe ¢hai the trusi Can manage the risk li fa¢¢5 at these Challenging times and therefore conrinue to adopt the going con¢¢rn basis of.accountin8 in pteparing these fillan¢i21 statemEnts. Intome All income is recognised in the sUrne0t ol Financial A¢tivitie5 on¢¢ the charity has en¢iilement to ihe TrS, it is Probable that the incotne will be received and the amount be measured reliably. Ith accordance with the Chariti¢s SORP IFRS102). the general volunieer time of volunteers 15 not T¢gnISed as income and can refer the truslec'5 annual repon for more infonheirn about thiei confftbution. Expenditure Liabilities are tecognised expendiwre as 500n as the is a legal or constructive obligation Committing Ihe charity to that expenditure, it is probable that a tTansf¢r of ttoDomic benefjts will be Wuired settlement and the amount of the obligation cart be measured reliably Expenditure is accounted for on aTh accruals basis and has been classifjed undcr headinos that a88Tegate ill cost related the catetsory. Where costs cannot be directly 0itribttd to parti¢ular heading5 they hav¢ been allocaied ¢0 a¢ijvLties on o b15 ¢onsisieni with the usc of resources. Property. plant & equipment Depreciation 15 provided ai the following annual rates in order to write off each asset over its estimated ustful Land Freehold prnpety & building Fixwres and fillings Leasehold property - Not detKttiated - Stsaighi line over 25 yea 25Y on reducitlg balan¢¢ - StTaighi IiDe over 65 years Exp¢ndilure on mir1 of fixture$ and fittin8s. which are IThlivid1IY imtnaterial, are ¢hars¢d 10 the Statement of finan¢ial position when incurred. Frc¢htsld Property is owned by th¢ Charity a9 il 15 Ustd fordireci eharirable puryy)s¢s. The property curyenily under consiruction will not be depreciated unisl ¢on5tructiOn is complete. 56 continLd...
IBAD-UR-RAHMAN TRUST NOTLS TO THE FINANCIAL STATEMENTS- condnued FOR THE YEAR ENDED 31 MARCH 2021 ACCOUNTING POLicILg- eontintsed Property, pl4Mt & equSpment The residual values, ¢stim8t¢d u5efiJl lives and depreciaiion method of property. plant and equipment are reviewed. and adjusted &s appropriat¢, at ¢3¢h siai¢m¢nt of financial posltion dat¢. Th¢ ¢ffexis of any revision are recognised in the statement of financial activities when the ¢han8e ari$e5. Taxation Th¢ ¢harity is exempt from tsx on ils chariiable activiiies. Fund 4ccounting Unrestricied funds can be used in accordat)ce wilh the charithble objectives al the discretion of the twstees. Resill¢ted fund5 can only be used for parti¢ular r¢stri¢t¢d purposes within th¢ objects of the charity. Restriciions aris¢ wh¢n specified by the donor or when fvnds ar? raised for particular restricted purposes. In this ¢ase th¢ r¢s¢rvcs represent rnoni¢s held for th¢ d¢veloptn¢nt of the tno$4ue and monies held for specific charitsble work. Further explanaiion of the nature and purpose of each hmd is incltJd¢d in the notes to th¢ fuwi¢ial statements. Pension c05tS gnd other posl.retlrement benefits The charity operate5 a defjned contribution pension schcrnc. Contributions payable 10 Ihe Charity's PEn5ion 5ch¢me arc Charg to ihc Sta¢cTncnt of Financial Activili¢s in the p¢riod to which they relatc. Cash cash equivalents Cash and.¢a$h ¢4uivalenls include cash'in hand, deposits held ar call wilh banks and other short t¢mi liquid investtnenls with original maturitie5 of thrcc months or less. Critical aC¢tsUDtiD8 estimates attd Judgernents In Ihe application of the charity's accounting policies. the trusiees are required io make estimates and Judgemenrs. Th¢ tstimates are based on historical expeTtences and other relevant factors. A¢tual results may differ from these Cslimaics. The estimates are continually evaluated. Revisions to accounting estima¢¢s ar¢ r¢¢ogni$ed in Ihe peri in which the estimate 1$ revised. The estimates and assumptions which have a significant risk of ¢au5ing a material 8djustt))ent to the e&rrying amount of assets and liabiliiies are outlined below'.- 11 Estimaiing the usefvl economic life of in asset and the anticipaied residual valu¢ in calculating an appropriot¢ depreciation charge. 21 Reviewing Ihe valuation of frexhold land and buildings and deiemiining wh¢ihu there are any indicator5 of impaim)eni of ihe charity's tsngible assets. Government grant Incorne Grani income that be¢otnes receivable und¢T 'ProtectipTh of Places of Worship Scheme. is recognised in in¢om¢ in Ihc period in which it becomes r¢¢¢ivable. ¢onlinued...
lBAluR-RAHmAN TRUST NOTES TO THE FINAIYCIAL STATEMENTS- tontinued FOR THE YEAR ENDED 31 MARCH 2021 DONATIONS Af4D LEGACIES 2021 2020 Donations Grants 644,203 94,278 665,711 11,768 738,481 677,479 Grants received, included in the above, are as follows.. 2021 2020 Other grat)ts 94,278 11,768 Ir4VESTMENT INCOME 2021 2020 Deposit ac¢ouni interest 2.885 5,922 CHARITABLE ACTIVITIES COSTS Support costs Is¢¢ note 6) Direct Costs Toial$ Wages Establishment costs DonalioThs Education and Guest speakers Gtsvtmance Costs DepTeciation 151.120 84,845 522 48,990 151,120 89,954 522 48,990 6,417 9$67 5,IlJ9 6.417 9S,867 38J,344 11.526 392,870 SUPPORT COSTS Governance costs Esiablishm¢nl ¢OSIS Gov¢mance costs 5.109 6,417 11,526 18 continued...
llBUR.RAI1mAN TRUST NOTES TO THE Fif4ANCIAL STATEMENTS- tODtinued FOR THE YEAR ENDED 31 MARCH 2021 SUPPORT COSTS- contlnue 2021 Aydit fees AccountaTKy 5ervi¢es 3,60 2,154 5,7S4 AUDITORS, REMUNERATION During the year r¢rnuneration of £3,6{ {2020: £3.6(} was paid the audilS of the charity. TRUSTEES, REMUNERA110N AND BENEFITS Qarnaruuarnan A2mi {Chief Imam) wa5 appointed Is trustee in July 2009. Mr Azmi L$ Ln the r¢¢eipt of a salary for his position as Chicf Imam. During th¢ yw cnded 31 Marcll 2021 bc was paid a MUneratIon of £23,046 {2020.. £26.231) Trnst¢es' expenses There were no tn]ste¢s' benefits or ¢xp¢t)s¢s for the year eAe413l March 2021, nor for the yt4r end¢d 31 March 2020. STAFF COSTS 2021 2020 Wages and salaries Social se¢urity costs Other peThsion eosts 149.616 1,688 957 163.687 3,659 1,091 152361 168.437 The av¢rag¢ m¢)nthly numb¢T of ¢n)ploy¢e5 duriD8 the yearw&8 as follows: 2021 29 2020 28 Administraiion and suppon No employees received emoluments in excess of £60.Crf)O. 19 ntinued...
IBAD.UR-RAHMAN TRUST NOTES TO THE FINANCIAL STATEMENTS- tontlnued FOR THE YEAR ENDED 31 MARCH 2021 io. COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Untestricled fut Restricted funds Total INCOME AND ENDOWMENTS FROM Donations and l¢ga¢ies 333,982 343,497 677,479 Investment income 5,922 5,922 Total 339,904 343,497 683,401 EXPENDITURE ON Charit2ble attivitie5 Wages Eslabli5hmcnt costs Donatiojjs Education and Guest speakers Governance ¢osis Depreciation 168.437 93.719 6,763 40,106 5.754 86,447 168,437 93,719 33,010 40,106 5,754 96,436 26247 9.989 Total 401,226 36,236 437,462 NET JNCOME/{EXPENDITURE) (61,3221 307,261 245,939 RECONCILIATION OF FUNDS Total funds brought forward 3,497,584 3.128.879 6,626.463 TOTAL FUNDS CARRIED FORWARD 3,436,262 3,436,140 6.872,402 20 ¢ontinued...
IBAD-VR.BAIIW TRUST NOTES TO THE FINANCIAL STATEME14TS- ¢ootiuyed FOR THE YEAR ENDED 31 MARCH 2021 ii. PROPERTY. PLANT & EQIIIPMEP4T FrEehold land atKI buildings under Freehold ]and and buildings Le&%ehold land and building5 FixtUT¢5 and fittings Totals COST Ai l April 2020 Additions 2,189,060 1011.600 2,442,410 401,697 73520 5.106,687 1.811,600 At 31 Match 2021 4,000,660 1442,410 401.697 73,520 6.918.287 DEPRECIATION At l April 2020 Char8e for year 439,880 87977 180 180 66,680 1,710 512,740 95,867 At 31 March 2021 527,8S7 12J60 68J90 608,607 NET BOOK VALUE At 31 March 2021 4.000,660 1914553 389J37 5,130 6J09,680 At 31 March 2020 2.189.060 2,W)2.530 395,517 6,840 4,593.947 Included in c05t w valuation of land and buildiD85 15 frecbold land of £449,ory) (2020 - £449.1M)O) which 15 Dol depreciated. The freehold property 1$ ihe Jamia Mosque. W(#)dlands Road. Woodland Streei. Cheetham Hill. A valuation of £2,636,0 wa5 provided by Aspin and Cornpony Cbartered Surveyors on 19 June 2013. Tbis includes the latsd on which Ihe re4levelopmeot of th¢ mosque is currently ongoiTh8. Wlth a value of £206,(KK>. The balance of £2.430,IX)O r¢lat¢S to the valu¢ of the land and other btsildin8S Dot subject io redevelopmeDL 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Other debtors Piep3yments and attrued income 12,000 2,118 12,QOO 14,118 21 continued..
RBA[uR-RAHmAN TRUST NOTFS TO THE FANANCIAL STATEMEprrs- tOned FOR THE YEAR ENDED 31 Cll 2021 13. CREDITORS: AMOUNTS FALLING DUE w[rff ONE YEAR 2021 2020 A£¢nd expenses 52.509 48,891 14. MOVEMENT IN FUNDS N¢t mov¢meDt in fijnds Transfers between nds At 31.3.21 Ar 1.4.20 Utsrutricted funds General futml Revaluation reserve 1,969,680 1,466582 2,163 (228.149) 1,743,694 1.466,S82 3,436361 2,163 (228,149) 3210,276 Restrlcted funds Zaknt Building developmeni app¢a] Building developlnent e%pend¢d 16.061 1337,239 2.182,840 io,iio 346.2J2 (9.989) 26,171 (1.583.451) 1.811.600 3.984,451 3,43114 346J33 228,149 4,010.622 TOTAL FUNDS 6,872,4112 348,496 7220.898 N¢t movEineiit in funds, included in the above are follows.. lrtcomin8 resources Resources expended Mtsvem¢Tht in fvnds Unrestricted funds General fund 38S,044 (3K2,881) 2.163 Re5tritt¢d funds Zakai Building development ¥ppeal Building developmeni expended 10.110 346212 io.iio 346,212 (9,989) 19.989) 356J22 (9,989) 346,333 TOTAL FUNDS 741 J66 (392,870) 348,496 22 ¢oniinued...
IBA[VR.RAHmAN TRusr NOTES TO THE FINAPICIAL ATEMEuS- CODtinutd FOR TE YEAR Ef4DED 31 MARCH 2021 14. MOVEMENT IN FUNDS- ¢ontinutd Comparatives for movement ltt fun Net Traosfers between fuThd5 movernent in fi]nd5 Ai 31.320 Atl.4.19 Unre5tri¢ted fuThds General fund Revaluation reserve 2,031.(KJ2 1,466,582 161,322) 1,969,680 1,466,582 3.497.584 (61.322) 3.436.262 Re5¢rieted funds Zakat Building development appeal Buildin8 development expendcd New Zealand Appeal 13,061 1,075,770 2.036.881 3.167 16.061 1,237,239 2,182,840 317,417 (9.989) (3.167) (155.9481 155,948 3.128,879 307.261 3.436,140 TOTAL Fuf4DS 6.626,463 245,939 6.872,402 Comparative net movement in funds. i7uded in the above ar¢ a5 folknvs: In¢omsng resources Resources expended Mov¢m¢ni in funds Unr¢strlct¢d funds General fund 339,904 {401226) (61,322) Restricied funds Zakat Butlding development appeal BuildiD8 developtneni expended New Zealar¥J Appeal 26,080 317,417 (23,080} 3,000 317,417 {9,9891 (3.167) (9,989) (3.167} 343.497 (36.2361 307.261 TOTAL FUNDS 683,401 (437.4621 245.939 Z%kut This restricted fund comprises of inonics spttifically be Used for making donaiioThs io oiher chari15eslmadrasas particularly to those in India and Pakistsn. Building development #ppe Tliis reskncted fund ¢omprJ5es of all monies donaied th¢ Int 5cificallY lor the ¢onsiru¢iion of the mosque building. Building developrntnt expended Thi5 re5trictcd fund comprises of all the monies that has been spent on the mosque dcvelopment. New Zealand Appt41 23 continued...
IBAIkuR.RAH TRUSf IYOT£S TO THE FINANCIAL STATEME1S- continued FOR THE YEAR ENDED 31 MARCH 2021 14. MOVEMENT IN Fuf4DS- continutd This restricted compri5e5 of all the monies that been donaied w trust for th¢ victims of Chn'stchurch mosque incident in March 2019. the cutrent year donatiou expense comprises the full amount of the appeal. Transfers behvetn funds Restrieted Funds A toial ol £1,583,451 was tyansferred frorn the Building Dcvelopmeoi Appeal to the Building Development Expended and £228,149 from General to Building Development Expended in Te5peci of the amount spent on mosque developellt at)d consequently capitaiised A5. RELATED PARTY DISCLOSURES During the period a iotal of key management personnel ¢omp¢rLYtion Of £23.046 (2020.. £26.231) was paid. 16. ULTIMATE coNfROLLING PARTY The chlty 15 controlled by the tru51ees ID ibe offi¢¢. 24