REPORT OF THE TRUSTEFts AND FINAP4CIAL sfATEMEN'fs FOR THE YLIR ENDED 31 MARCH 2022 1BAUR-RAHmAN TRUST DTE Businw Advisers Li]nited Chartered Accounlattts SLitulory Auditors The Exchange 5 Bank Street Bury BL9 ODN
lBAuR41AHNAN TRUST CONTENTS OF THE FINANCIAL STATEMEFfrs FOR THE YEAR ENDED 31 IWCH 2022 Page Report of the Thisteeg I to 8 Report of the Independent Audhor¥ sthtement of FlnADdAI Actlvltle5 12 Statement of Fln#nel*l Posldon 13 Statement of Cash nows 14 Notes to the St4tement of CAsh Trlowi 15 Note8 tsj the Flnanelal Ststsments 16 to 24
1BUR.KAHI TRUST REPORT OV THE TRUSTEE8 FOR THE YEI AR ENDED 31 MARCH 2022 Introduetlo Th¢ twst was regtstertsl as 8 ¢haLity 24 May 1982 and it IS 8ov¢mcd by a trust deed dated 9 March 1982, am¢nded 14 Septeinber 2012. OIUEcfIvES AND ACTIVITIES Publle b¢nefit The frust wa8 established for the benefit of the public in Mandwter. The timin objectives of the Tn]$t are.. To estsblish a mosquc to provide a place of worship for the Muslim population of Mallehester and surrounding aregs To &slablish education centrc to provide IslaTnic teachings to Children ld adults. 'ro establish dii infoLThation and rescarch ntr¢ for the study and diss¢mination of Muslim thou8ht. To a5SiSt Mu81iins in arratigin8 marriage and fi]n¢rai ceremonies in aCCQTdan¢e with Islamic law and the land. Gyantmaking The trust¢es consider 8fdnt making an effeelive means of delivering aid USill¥ local choiities. Such cliarities liav¢ exp7¢ce. acc to facilities. expcrtiw, staff and otber resou¢8 which will make them better placed to delivcr aid in a ore effective nw]ller. Examples of where aid has been delivered in this manner in¢lude, T8wwni afftcted areas, South Asian Earthquake areas and other natural disaster arw as well as th¢)se areas whciE POVCrty exists. This h&% becn d¢livered via establis11 and rOlIs¢d eliarities such as, Muslim Hands, Isl&mic Relief and the World18laini¢ Mission Welfare TrusL No swh grsnts hav¢ b¢¢n made during th¢ cu]Tent orprior year. Voluntsry help And gifts in klnd The Trustees are very gratefid to the usets of the mosque who give voluTht8ry doallonS to fillther the aims of the Trust. All the money collted by the t aris(¥ from the w¢ekly Gtsllection after Friday Jutlla Prdyer and collectioii o special occasions swch as Ra]Dadan Eid. The Tnt is also helped by volunteerB who giv¢ their time on Fridays to assist with collecting donations and help the admitii5trdtion wth general duti¢s like clc&ning and gettsng the mosque rcady forthe FTiday prayers. ActivitiCS Th¢ a¢tivhtie8 of the Trn8t in¢lud¢'. ProdIng a pla¢¢ of wor¥hip for the five dtiily conwgational pray¢rs, weekly Friday Jum8 Prayw, Bid Prayer* RamadAn Prayers and other Holypwiods. Providing a suppleinentary schi>ol for the educ&tion of childtyn 8d athilt6 in Islamic Studies, Qurajiic Studies, Arabic Iwiguage and Urdu language. Carry out marriag¢, lleral and ot]ier 5ervi¢e5 in aceordan¢¢ with Islatnic trltiOnS. Providing a mi>rtuary wlicrt thc blY orth¢ deceas¢d Can b¢ kept in aCrdne& with fslarnic law. Providing a ritual washing facility where the body of the deceased can be prepared for buri in Aecordonce with Islamic law, Providing hclp gnd Advice for familics of thc deC¢ad. Proyiding sporting and recreational activities for the young peoplewho use th¢ mosque. Providing holiday play seheme8 for local childrcn. Colle¢tin8 donations of foDd, elothiDg and money for¢hgTitable aets such as the Pakistan Eartliquake Appegl. Collecting donation5 for llie upkeep and nnIng ofthe mosque ils activities. Engendcring go(xi relationships with inembers of other faith Communities
IBAtUR-RAHmAN TRUST REPORT OF THE TRUSTEEI S FOR THE YEAK E,DED 31 MARCII 2022 ACEIIEVEMENT AND PERFORcE Probation Offi¢e Building In Febrllary 2017 the frust secured the purchase of the leas¢hold for the adjacent building vacated by the Probation Service. The frust was waiting for th¢ City Collnctl, whts omm the FreeholiL to agree to a t19e of use frotn Ptobatiojj Scrriccs to Community and Eduutional selvices. before taking ]x)&session of the building. Th¢ change in the use was agr¢ed and the actual completiott took place in Jun¢ 2018 widi the clwi8c in vse agreed by the coun¢il in April 2019. The frusÉ has esthblished the Mallche8ter Muslim Collcge IMMC) in the Probation Office Buildi08. Th¢ aim of MMC is to knin Ltnams who are resident in this eoiinty and have a good grasp of English. This is a Fiv¢ ycar course and Sucsful sdentS will wduats as Imams and will be given the title Moulana (Male) and Alimah (Funaiel. The Trust ts now wnning The Friendship and Wellbeing Group, progran)me every Th¢sday for Ladies and Wedne&d&y for men. The Trust has Start¢d various cotnmunitybas¢d a¢liviti¢s for the local wmmunity. The Trust hos allowed the NHS tQ Use the Man¢hestcr Muslim College building as a Vaccination Centre to administer C¢)vid 19 vaccines. Retot15truction of the Mosque Bulldlng The main Mosque building lias beeli demolish¢d and work bu5 Started on building a new larger and more impressiv¢ building to Irplace it, thc con)plction ddte lias been revised. The delay in the project completion 18 primarily due to changit)g of thc ¢OntrtOr. All fiinctions of the Mosque are taking place in the Annex¢ biulding diwiiig th¢ puiod of rpxonstrnction. The extemal $tru¢tur¢ of thc new Mosqu¢ is CLin)plete witii Dom¢ Imd Minarets. Tb¢ Trustees are in the pxoeo&s of appointing contractors for the int¢rJwl work. The building work on the new mosque h&8 pro8wsed and is near¢oinpletion. The new lpletIon Il&te is May 2023. Sisters Study Clrde at North MAn¢hestsr J4ml LW8Jld l&t Sistet3 Study Circle (SSC) is brought about by the ted for Structured activities for wom¢n and children in the lorAI Muslim cominui)ity of Ch¢ethgrn Hill. The SSC first stsrtod meeting in F¢bruary 2009 on a Saturd&y momEog in the North Mlebester Jamia Masjid (NMJM) and SlliC¢ then they have Continucd to gather weelily to.. - ensiire the well being of Muslim women and chilthn in th¢ wmmunity - to iefresh knowledge and learn InoiE about our faidi - to assist each other in developing se]f-¢onfidence and 5elf-respect - to enable ca¢h other to deAI with issue5 faced by Musliin woine - to shore eXPCTiences - patrnting course held for lo7 parcnts. The stlY ¢ir¢l¢ $ts with the recitation of a ver8e from the Holy Qurdn and then Tnoves on to a short story Bimed at the younger ¢hildreii. This is followed by a talk on a tt>pic of iiiterest by one of the sisters, and ai the end a]1 sisters are iiivited to discuss, off¢r their opinions gnd questions. Th¢ pro¢ is ended by sisters joiniiig tO8ethcr to Jreit Naslieel Dhikr and Saiaarn. The SSC has a150 organised progrn¢s for tlie wider colnUnitY 8uch as annual Eid Milaad-un-Nabi IBirthday of th¢ Prophct Molwrnmad Pcace be upon hirn) progrdmtn¢5 and F.id parties which v¢ry sUL¢eSsl. Anttually the Eid Milaad-un-N&bi programine is attended by over 71K> woineiL Natheeds Arc recited by children who SdY at the Mosque's eveniDg sch(K)l and by the SSC sisters. Inspiring spceehes are gÈYen by invited guests &t)d food is provided at th¢ ¢nd of the programEne. SSC a]so hold fundraising Eid Parti48. All the money raised is (k)nated to the Mosque Redevelopment Project fund.
lBAUR.RA]L1IAN TRUST RKPORT OF THE TRUSTEES FOR THE YLIR ELNDED 31 MARCH 2022 The cvcnt includes a bouncy castle and gJm¢s wjd activities lor children and hot food and sna¢ks are available throughout the d&y at the numerous food stalls. There are sta118, selling arts and crafts, jewGllery, shawls and Scarvets, ba85 and shoes, books and CDS and much more. An alletiot) of donated items gcneroiisly provid¢d by local businesses and individuals. is also held towards the end of the progMmtt*. The SSC r8i8ed Sevetal thou8&t¥J pounds for th¢ TTrl dursng this financial year. We hope to continuc with these events in forthcomiiig years as well as arrangiii8 events such as piellic-in-the-p8rk ond day trips to I[ p18w of inierest suth Is seaside rcsorlB and amu$einent paTks. In addition lo holding Eid prayers ill the Mosque, prayers were said in a local park (Heaton Park, Manchest¢rj. Supplemen¢8ry School Tlie Supplanew School has wwn froin stret)gth to Strength. We now have over 200 children who attend clAsses in Islamic sludies, Quratsic stileS and inodem foreign languag&8 sueh as Urdu and Arabic. They attend thc 8clioDI from 5.00pm lo 7.00pm eacb we¢kday. A new unifonn has be¢n u]tro(tuced to give the children a sens¢ of ld¢ and bclonging. 24 part time t¢a¢rS have been tRken on to teach the children. Rewlar training is provided lo the teachcrs by OUT Iman and they have also attended safe-guarding trainsng provided by the LocaI Authoi'ity. Additionally the t¢15 a]so attendedthe room managthknent training in theyw. FINANCIAL REVIEW riinandAI posltlon Foi. the year ended 31 Match 2022 th¢ to¢al incomitsg resouTce5 amoullted to £991,115 (2021.. £741,36@. Of thi8 income £990,570 was received by way of donations. with £444,55 classified as restricted fund% being donHred specifica]ly in response to An appeal for the dcvelopincnt of the Mosque and ZakY4L The balance is unr¢stri¢td and und¢siw)ated. Other itLCOmC relatcs to bank interest receivable which totallcd £545. Resources expended tolalled £498,IS4 compared to £392,870 in 2021. Net resources for Ibe year wer¢ £492,961 (2021.. £348,496}. Reserves policy finAnthl pomcy: 1.hc trllslees have examined the need for free res¢rves i.e. those ultrestricted not illvested in tanble assets, designated for 5pc¢ific puoSe5 or othenvise MMitted. The Thustees consider tha¢ given die llature of th¢ ¢lwitys WO its cominitmenL thc Icvel of free reserYG8 shoiild be such as will enabl¢ th¢ charity to meet ils commitments for the foreseeable futw'e. Tlie statement of financial positiot) shows total reserves of £7,713,859. Of this, £2,574,088 15 T¢presented by unrestricted fimds whi¢h is for dje support of the charity objectives. Golng concern After con5iderin8 tile role of Ibad-Ur-Rthllan within th¢ wider co]Dmutiity and risk managemenL the Tn]stees have reasonable expectation that the trust ljave adequate Jtsources and cash flows to meet their speiidillg conllnitments ftsr the fora8ee4bl¢ furt¢. wklY donatioiis COI)tinuc to ex¢e¢d ongoiTJg running costs of the Chlty. AecordiJ]¥ly, th¢y eotstinue to adopt the going concern ba8is of ac¢ountin8 in preparing the fJnatJ¢ial sthtements.
IBAlvR-RAHmAN TRUST REPORT OF THE TRUSTEE8 FOR THE YEAR ENDED 31 K4RCH 2022 IIVTURE PLANS The Trustees plaii to.. Continue to meet tho necds tsf the 8rowing Muslim cornlnunity by otTering services that are idelltsficd by the comniuhity. Review the manag¢ment 8tNcttwe of the Tnut to brttig in new expertise. Create a link between the Annex Building and the main building to provide more spaee for larg¢r Congregati18 Build retail or office pr¢mis¢s oll lat owned by the Trust. Rental ithcome from the premises will be a regular 50uire of income for the Tn]sL. A scctsnd floor has been added to tlie Annex Building in pr¢poration for the Ic-developmcnt of the main Mosque building. This has iticrea8¢d the capacity of tbi8 building to over 1.000 worshippers. Diuing th¢ reconsttuction of the Mat Mosque building, two con8regational prayets will be held oll Fridays. The woA( started onbuildirtg a larger mosque in October 2015 ld is expected to be ¢onwleted by Ntay 2023. A llew college by the name of Manch¢8tcr Mu81im Colle8e has now bcen set up in ihe prolmlion buildit)g purchased in Lh¢ year. The college will be providing a five ye&r coiusc for studeiit5 who wish to belome all Illni. Th¢ a)Ilege remained open through this difficulttime, with many lessons taking place online. STRUCTURfj cvERNANcE AND MANAGEMENT GoveYnlllE doellm¢nt The Chtty is cthitrolled by its governing doBum¢n¢ a trust deed d&ted 9 Mah 1982, a]nended on 14 Sept¢Dkner 2012. Orggnlsatltsnal structure The original Tn]st deed allows for a maximum of 5 tswtee8. The powers and duti& of the Trust¢es are clearly outlined iti the trust deed. The T$t is based at North Man¢heykr Jamia Mosque, 3 Wwdland8 Rd, Cheetham Ilill, Mallch¢sler, M8 9LF. The TTUSt now ha8 3 th11 tirne employe¢s (Chief IinaTn, Trust Manager and an oifv adminis(rator/caretfjker), 3 part time A5SiStalll lJnam8, 24 part lime teacher8 of lylamic Studi¢s, Arllbic and Urdu atjd I part tiine caretskerl¢leaner. The Trust has 8¢t up a mana8¢ment cominittee of 31 members to h¢lp with OrganitiOnal t&8ks. Thi% inaDag¢ment mitt¢c is divided into svb-comnjittees, namely.. Religiou8 Affai FinaneeJAccounts EducatiotblSport&lLeisure Building maintenan¢e1Surity Culturallfestivall¢atering These $ub-¢tsminiltees have clearly defined roles alld re8p)n8ibilities And their activities are closely monitored by the Trustces. Each SuOLn[lttee is headed by one otthe TNste¢s. DlsiOnS need to be ratifiLxl by thc Tr¥t.
IAUR-RllMAN TRUST REPORT ofi THE TRUSTEES FOR THE YEAR ENDED 31 LIqARCH 2022 Trusteey, r&¥ponsib511tles The trnt deed requir¢s that the trustees keep proper books of avcount and rordS showing all reeeipts and payEnents and containing All such records as n)ay bc appropriate to the ruJ]ning of the trust. ]u additioffj trnSte must.. Select suitable &c4ountitig poli¢ies and &pply them Consistently. Makejudgnients alld estimates that are reasonablo and pwdent. Follow applicable a¢countill8 ¥tandards disclosing any dispariti¢s in the accounts, and prepare the 8c¢ounts on a going concern ba5i5 unless it 15 inappropriate to assume that the tnjst will continue tn opcrdte. The trLStees bave also c¢miplied wrth their duti under sxtion 4 of thtt Ch8rities Act 2011 regarding public befit requirenL¢Tht by dofintng the chariti&s' objective5 {Page ]} as for the public benefit Aud ¢nwIllg the activities undertaken during th¢ year meet those objectives. Recruitment Appolntment of Trn$lces The existing tjustees are iesponsli le for the remiittnent of n¢w ttu8tees, knit ill so doing the irystees seek th¢ vi¢ws the widcr community. lThe trustees b¢lieve this approach ensures that n¢w tStee$ &re resplxled members of th¢ faith alld local Comnlluijti and eJ]sur¢s that g( relation5 are fostered beNeen the Mo4ue th¢ people of th¢ local ¢ommunity served. In selecting new trustees, the tn]stce8 seek to ideiitsfy people wlio regularly atiettd events and fijllctions argallised by th¢ LEwity and are willing lo volunteer to h¢lp in our broadcr cominunity work Poterttial knJste¢s are Illted to attend trustees. meeting$ 4$ observers dnd are given more d¢tsils of the charity's aitn8 and adiviti¢s and, if 4gree, thcy are then piDposed as new trugtees at tlie subsequent truste¢8' m¢¢ting. Thi5 process allows due co]ld¢tIO1) of the person's eligibility, perso[1 competenc4 specialist kttowledge and skills. ldUctIon and'fraining of Trustees Followin8 appointmeni ftew twsteeB are introduced to their new 1¢ al given ¢opi¢s of the Twst De and advised of th¢ policies alld prow(lures adopted by our charity. A n1)ber of publi¢81ions from the Chaiity Commission are also provided, including th¢ guidance on charities and public benefit and on the advancement of reli8iOt) for tlie public benefit. This engUt¢$ that new trustees are Aw8xe of th¢ Scope of their rPonSIbl11t1¢S under the Charities A¢L Initially new trustees work with an exi8ting trustee assisring on particulgT aclivitits ai)d projects Tuli by the charity. After 8atisfaclory feedback from ¢xistiuK trustees, they ato then given the task of leading a particular activity or project, reporting progres$ at tru5te6s' m¢etings. Rlsk management In line with th¢ requircment for trustees to undertake a risk &8sessment ex#¢ise and identify key ri8ks the tnLSt faces in Bngland and Wal¢X, the tru8tecs have reviewed the measures in place, or needing to put in place, to d1 with thes¢ risks. There a three maill areas of ri8k that has b¢¢n identifled by the trust¢6s. - GoYernall¢e and managEmmt Operatio]Ml - Reputational G0Venn and managemcnt - this looks at the risks of the charity arisiiig from lack of dirc¢tion, at th¢ skills 8d training of its mcmbers and Staff, and the good use of its r¢swrc¢s. Th¢ powers duties of the trustees arc clearly set out in the tn]sl deed. The maDag¢Jnent cominitte¢ Memb hclp with tbe or8anis&tional tasks and their role and responsibilities are closely monitored by the tNstees. The ¢xt¢nsion of the buildiiig to cater for funeral fa¢ilities and building of a park ar¢ one of many steps undertgkcn to reflect good use Opcrnlional - thi5 looks at the risks in]ierent in the charity8 activiti%8 including thc process of collccting donations, the unsllitAbility of buildings, poor nltEnanCe, short4n in the servi¢¢s provided. poor health and safety, lack of a disasterttcovery policy etc.
IBAD.UR.RAHMAN TRusr REPORT OF THE TRUSTEES FOR THE AR EIYDED 31 MARCH 2022 Donatiotts ¢ollecled duriiig th¢ week are kept in a secuted 'safe' and banked promptly by design8tsd tNstee. A separate rexord is madc for ally donallts8 collccted for a specifie purpose und nltain¢dbY a designated tn)8tee. Ther¢ are security olarms, fjre Alarnis Bnd a CCTV system in place within atid around the mosqiie to ensure maximum safety and sKurity of tbe properry, pcrsonncl and congregation on a continuous basis. Reputatiot)al - this looks at possible dage to the charity's r¢pulation thbt ¢an aTi%e from mis-us¢ of donated income, recruitinent of noEL qualified Imaw or lecturers et¢. Hawng R forn1 recruittnent process in place will ¢nsure tlmtquality of Smice is maintsined by the chltY. Covld 19 The Covid 19 pandemic had a major impa¢t to thc work af the Trn5t. Due kn th¢ National lockdown tbe Mosque was completely closed for a long period of time. This w&8 followed hy a period when conwgational prayers were not mitted and worshippe15 coidd only come in for individual prnyers under strict ¢ot)ditions to prote¢t them against Covid infectitsns. The IA>ckdownre5ulted in Abig re{ltion in the amount of dotjations rcc¢iv¢d by the TrusL We were eventually able to open for congregational pray¢rs wilh Strict Covid 19 prevetstion pro¢ur¢S Such as. bookiTJg in w()rshippcrs, 80cial di8tot)cing, hand sanitlSlll8, fa¢e mask5, bring own prayer mats and ablution from homc. These r¢¥trictions meAnt that we could only accommodate around 250/0 of the worshippers that wtt would nonnally have for Fi'iday praya3. Our Madrassah ¢lasseJ were also ¢lo%d for tnally months re5ullang in d)ildtEn mi&8ing their reltgious lessons. The Tn]st has helped the Iwat community with Covid 19 preventiL)n by allowing the NEIS to use our m1¢h¢ster College Butldii)g as a Covid 19 vaccillation ¢entre. Thousands of pwple have received their vaccinations througli our c¢ntr¢. We also train¢d volunteers to 'fOrM th¢ ritual of Isl&nic washing and shrouding of pcople who had passed away duc to Covid 19. At on¢ px)int we were the oiily Mo4u¢ in ManLhester offering this important lIgio s1¢¢ and ¢¢iVed bodiLS fiDm all ovCrGre8tcrMcheSter.
lBAUR-RAHMAN TRUST REPORT OF THE TRUSTE4 ES FOR THE YEAR ENDED 31 MARCH 2022 REFERENCE APID ADMINISTRATIVE DETAILS Reglstered Churlty numbor 512616 Prlnclpl addw North Mand)ter Jamia Mosq ILbad-Ur-Rfjhinan Trust) 3 Woodlands Road Cheetham Hill Manchestcr M891 rrustees M Azmi K Hu&%atii l Hanif CF Hassan D Fozdar Audltyrs DTE Business Advisers Limikd Chartered A¢¢ountants Statutory Auditors Thc Fchange 5 Bank Street Bury BL9 ODN Bankers United NationAI Bank Ltd Unit 4, Cheetham Hill Shopping Center 40 Buiy old Road Maiichester M8 SEL STATEMENT OF TRUSTEES, REI SPONSIBILITIES Th¢ thjstees are irsponsible for preparing the Repoit of the TSteeS and the fin¥ncial statements in accordance with appliLable law and UnitedKingdom Accowitlllg StandaTd5 (Unit¢d Kingdorn Qen¢railyAc¢epted Accounting Practice). The law appIlble tts clwaties in England Wales, the arItieS Act 2011, Charity {Accoun(s alld Report¥l Regulatioity 2008 a]Ml Ihe provisions of the tru8t deed requi8 the ttustee$ to prep8re financial statements for &icl) financial year whibh Sive a twe fair view of the state of affaits of th¢ charity and of the incomin8 resources and application of resources, llleluding the income expenditLJr¢. of the ¢knty for that pcnod IJJ prepIng those financial statements, the Irllstees are required to Selt suitable accounting policies and then apply t[11 ¢onsist¢ntly observe the ethodS prirJciple8 in the Charity SORP,. make judgements and eslimateb that arc reasonable and prudent. srate whether appli¢able acwuntlllg Standards have bcct) followed, subject to any material departUTes disclosed and cxplain¢d it) th¢ financial stalen)ents. prepare the r]natt¢ial statements on the going concem bis]8 unless It is inappriTrpriate to PTesume that the cjwiiy will Ontinue in business.
IBA[UR.RllMAN TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDFD 31 MARCH 2022
STATEMfi IYT OF TIIUSTCES, RESPONSIBILITIES- contlnued
Thc truste¢$ are spOnsIble for ke¢pin8 proper acLounting records which disclose with reasonable &ccura¢y at ftlly time
the fitknncial position of th¢ charity and to enable th&n to ensure that the fillèYal 8t8tements cotnply with the chriti
Act 2011, the Charity {Account8 8nd Reports) R¢gulations 2
REPORT OF THE INDEPENDENT AUDITOILS TO THE TRUSTEES OF IBAINUR-RAHMAN TRUST OplThlon W¢ have audited the financial statanents of IbaikUr-Ralllnan Tnjst (the 'charity) for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Stat¢meJil of Financial Posili0 the Statement ofcash Flows and notcs tt> thc financial sizlements, includirtg a summaiy of significant 8Lcuwiting policies. The financtal reporti118 framework that has bccn applied in their preparAtion is appltcable law and United Kingdom AccounliDk Standards (United kn'E)8dom G¢ncr2lly Ac(W¢d Accounting PrA¢tice). Ith Opillioll the fInE¢18[ Statements.. give 8 tru¢ and fair view of the state of the ¢h&ritys affairs a8 At 31 MaLrh 2022 and of its incoming resources and application of re50urce8, for the year then ended., have been properly prepwed in accordance with Uniled Kingdom Generally Auepted Accoulltin¥ Pra¢(i¢e; and have b¢¢n prepared Li) accordance witli the r¢qiiirements of the ChitieS Act 2011. BA$is for opinitsn We wnducted our audit in tOanCe with Intemational Standards on Auditing (UK) (ISA8 {UK)l and applicable law. Our Tespon5ibi]itie8 wider those 8tandard8 are further dcscribcd in the Auditors, rosponsibilities foT tlic audit of the fEnancia] statsm¢nts se¢tson of our report. We ar6 independent of the Charity in accordance with thc cthical rcquir¢ments tliat are relevallt to oiw aiidit of th¢ fJnan¢ial staiements in the UK. including th¢ FRC'S Ethical Sto{rd, and wc have fiiifilled our other ethieAI wponsibiliti¢s in accordance witb thes¢ requir¢m¢nts. We be]i¢ve tbat the audit ¢viden¢e we have obtsined is sufficicnt aud appropriate to provide g basi5 for our opillion, Cortelll$ioNs rel&ting to going coneern In auditing the fixllt)ciaI statement8, we have nclUded that the tru&tees' we of the going concen) basis of a(wuntin8 in th¢preparation of the financial ststsments is appropLiak. Based on the work we have porfonnelt we have not identified any material uncethties lting to events or ¢ondition8 that, individually or collectively, may cast Significani doubt on the charitys ability to conllnue as a going coneern for a period of at least twelve months frott) when the fan¢lai stat¢menls ar¢ authorised for issue. Our re8ponsibilities and the responsibilities of the tee8 with r¢sp¢ct to going concern are described in the relevant scctitsns of this rtport. Other Informadu The trnste¢s ar¢ reAponsibl¢ for the other informatloll. The other infonyation eompriscs Lhc infonnation included in the Annual ReporL other Ihan the finall¢ial statements and our Repuit of the IlldcpendentAuditors thereon. Our opinion tsn the filnCIal siat¢m¢nts does not cover the otha. inf0mtIOn and, ex¢ept to the LKtent othmvis¢ explicitly stated in our rcport, we do Tt ¢xpit55 any fonn of a$8uran¢e conclusion th¢r¢on. Jn ¢i>nnlion wth ow audit of the financial $tatoments, our wsponsibility is to read the other inf0mtIOn and in doing SO, Lull5ider whether thc other illfornmiion 18 materially incot]sistent with tli¢ financial statements OT our kllowledge obtained in th¢ audit or othenlqse appears to be materially tnisstated. If wc idclltify such material inconsistencies or apparent mV4t¢rial misstat¢tn¢nts, we are required to deta7nine whother this gives tisc to a material mi5Statement in the fil1claI stat¢ments th¢Jnselves. If, basd on the work we have perforni&i we eonclude that there is a materi21 niisstatwn¢nt of this other Infomi&iO we are required tt> reportthat rL W¢ h&ve nothitig to report in this regard. Matters on whl¢h we #re required to report by exceptlon We have nothing lo rqK>rt in ttsp¢ct of the following inatt¢r8 wh¢re the Charities (Account5 and R¢portsl Regulations 2008 rquires us to twrt to you if. in oiiropinion.. the inf0mtion given in the Report of the Twstees is inconsistent in Hny material reSPt with th¢ fin8tscial statements,. or sufficiellt awowiting records have not been kept. or the filiancial statements are not agreement with the acci)uttting records and returns. or we have nol received all the infomvation al expknialions w¢ ruIre for our audiL
RKPORT OF THE INDEPENDENT AUDITORS TO THE TRUSThES OF IlIAlUR-RHmAN TRUST Responslbllltles of truste5 As txplaincd more fully iii the Statenieui of Trust¢es' Responsibilitics, the trLtstees are re8pon$ibls for the preparatii)n of thc financial ststements which 8ive a twe and fair view, and for $uch intemal control as the trustees detem]ine is necc&sary lo eJMble the pr6par41ion of financial ¥tatemenLN' that are free trom rnafrriai illisstatemenl whethcr due to fiaud or error. pr¢paring the fjnanciai stotemetjts. th¢ tNstscs are tesponsibl¢ for assessing the charitys ability to ¢L)Dtinue going ¢4)n¢ern, th'sclosillg, as applicable, rnat ttlated to going concem and using the going conc¢rn basis of Awounting unless the trustees eit]ier intend tsi liquidate the Chariry or to ¢e&8e operntions, or h&ve no re81isti¢ alternative but to do so. Our respon5ibilllle8 for the alldlt of the fittaDdal statements We l?ave been appointed as auditors under Section 144 of the Charitie8 Act 2011 and report in aceordane¢ with tht Act and ttlevallt regulations made or having effect ther¢und¢r. Our objectives are to obiain r¢asonablc as8uratJ¢¢ about whether tile financial Slatemeiits as a whole are free from Jnalerial mi55tatement, wliether duc to fraud or ern)r, and to issuc a Report i)f th¢ llldepend¢nl Aiulilors tbat includcs oiw opinion. R¢asonable assut2ll¢e is a high level of Assurancc, bill is noi a gUant¢C that an audit cot)du¢ted in accordance with ISAS (UK) will always detect a material mi$ststemeDt when it ¢xists. MisstAtcments can arise from fraud or ¢rror and &re ¢on$idered material Af, i11ViduallY or in the a88regate, diey could re&80nably be pttttd to itrfu¢nc£ tbe economic decisi098 of usets taken on the basi5 of these finAncial stat¢ments. The extent to which ourprwedure5 Capable of detecling irttgukniiies, inLludI fraud 18 detailed bclow.. Inrgularities, including frAu( ar¢ instances of nOnlie with laws and Trgulation$. We design procedures in line with oiir respoJJsibilities, outlined above, to d¢twt m&terial misstht¢MIts in respcct of IeSUl2r1ti including frau¢l The extend to which OUT pro¢edures ar¢ pable of detectiug irregularities, including fiaud. is detsiled below. AS part ofour planning proc. We enquiRd of m8nagementthe syst¢ms and controls th¢ charity has in plaK the are4s of the fingncial statements that Are ]nostly 8usceptibl¢ to the risk of irregLilarities and fiaud, and whether there any known, Suspected or alleged fraud. The charity did not inforn) us of anyki)own, suspected oi. alleged Itaud. We obtained an understanding of the leg and regulatory MeWo$ applicable to tlie charity. We determined tliat the following were mostrelevant.. Chariiies SORP (FRS 102), Companies Act2006, Charities Act 2016, and health aNI safely1]slatiott. We considered tlie incentives and oppoitUDitie$ that exist in th¢ cijarity. illcludiug the extent of man8gement bi which prescnta potenual foi. irregularities and fraud to beperp¢tuated. and tailored our risk assessment aecordiD81y. Using our knowledge of the ¢harity> together with the disCU&8iOt)s heldwith the charity at the planning stage, w¢ fomied A con¢lusion on the risk of misststement du¢ to irregulatitiu includit)g fixud and tsiloitd ourpTo¢edures according to this risk a&5¢8smeni. io
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF lAUR-RAHNAN TRUST Th¢ key proc¢dures we und¢rtook to detect ArregularltlL* llleluding dmrlng the eourge of the aiidlt Included: Revicwing the financial statement di5closurcs and Ikterniining whether aUting px)Iicies havebeen appropriately applicd. Reviewing and cliAlleJiging the assumptions and judgements used by inanagemcnt in their signifiwit ac¢ouDting e8Eimates, in particular relatiot) to depreciation. Assessing ihe exiei)t olcomp1ian, or la¢k of, with th¢ rdevant IAWS regulations. Testin8 key incon)e lit)es for eviden ofrnana8¢m¢nt bias. Docun)e#ting and verifying ail Si]ficant r¢lgted party balanc¢s and ttansactiorjs. Reviewing docurnenration Such as the trnstees minutes for discu109 of itt8ularities inc]uding fraud. Owing to the inherent limitstiotts of an audiL there is gn unavoidable risk that we mtty not have detected some material i&statenient5 iti the financial statements even thouJ) we have properly plonned ond perfOnn our audit in aOrdan with auditing Standards. Th¢ primary ttspoiisibth'ty for th¢ pr¢v¢ntion and det¢10Th of irregulAriti44 al frsud resrs with the tru5tee5 of the entity. A fvrlher description of our responsibiliti¢s for the audit of tlie financial state1C 15 located on the FinAn¢ial REwrtin8 Council's website atwww.frc.org.uklauditotsresponsibilities. This desrription fomu part of R¢ptsrt of the Auditors. A further description of our T¢SPOt)sibilitie5 for the audit of th¢ financigl stat¢ments is loeaied on the Finawial Rey)rting Council's website at www.fr¢.org.vWauditorsres)nsibilitles. This d¢scription fonn8 part of our Report of tho Indepethi Aiiditors. Use of our report I'his r¢port is made solely to thc charity's trLiStees, as a body, in ac¢ordaDce with Part 4 of the Charities (Accounts and Repottsl Regul&tion5 2008. Our 3vdit work has b¢¢n utsdertakell so that we might state to til¢ charity's tTUSt¢es those matters we &re required to state to thom in an auditors, report 8nd for tw other purpose. To the fi]Ilest extent p¢m)itl¢d by law. we do llot accept or asBume re8ponsibility to onyone otheT than the Chity atMI the charitS ttustees as a Iy, for our audit worK for tbis TepoTL or for the opinions we have forme(L J)1 DTE Busi1) Advisexs Limitsd Chartered Accountants Siaiutory Audito The Ex¢hange 5 Bfiijk Street Bury BL9 ODN Date.. 7 Ap.ril 2023
AluR.RA1ImAN TRUST STATEI MENT or FINANCJAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 2022 Total lunds 2021 Unr¢$tricted Restrict¢d fld8 fjjnds Notes INCOME AND ENDOWMENTS FROM Donatiot)8 and legacies 546,019 444,551 990,570 738.481 Investment income $45 2,885 Tfrt*I 546.5 444,551 991,115 741 J66 EXPEif4DITtJRE Oh, Charttable Aetivities Wages E%tablishment Costs Donations Education and Gu6$t stwkcrs Governwic¢ costs Depreoiation 179,142 99982 10,620 189,762 99.982 45,280 53W88 11919 IIIOJ23 151,120 89,954 522 48,990 6,417 95,867 45380 53J88 8,919 90J34 9,989 Total 432365 65,889 49&154 392,870 NET INCOME Transfers beiween funds 114,299 (750,4) 378,662 750,487 492,961 348,496 14 Nel movement tr& luni]s (636.188) 1,129,149 491961 348,496 RECOYI CILIATION OF Fuf4DS Total funds brought forward 3210,276 4,01022 7,220,898 6,872,402 TOTAL FUNDS CARRIED FORWARD 2,57£088 5,139,771 7,713,859 7,220,898 The notes form p&rt of tli&se financial 8tat¢ments 12
IBAD-UR-RAHMAN TRUST STATEMEI NT OF FIFIANCIAL POSITION 31 MARCH 2022 21122 Totsl funds 2021 Totsl Unrestricted funds R¢8tricted Not FIXED ASSETS PIDp¢ity, plattt & equipment 2,276J85 5,117,610 7J93995 6,309.680 CURREIIT ASSETS Debto Cash atbank and in hand 12 13,503 342,274 13,503 364,435 14,118 949,609 22,161 355,777 22,161 377,938 963,727 CREDJTORS Amow)t8 falling due within on¢ year 13 {58,074) (5&074) (52,509) NET CURREN[ ASSETS 297,71)3 21161 319,864 911,218 TOTAL ASSETS L CURRETrIT LIABILITIES 2A74,088 5,139,77J 7,713,859 7220,898 NET A&SETS 2574,088 5,139,771 7,713,859 7,220,898 FUNDS Unrestri¢tcd fid$ RestLlCted fvllds 14 2,574,1188 5,139,771 3210,276 4,010.622 TOTAL FUNDS 7,713,859 7220,898 The fJrwi¢ial statements wer¢ approved by tho Board of Tru8tee8 and authorisgd for issue ..7..AprAI.2Q23............ and were signed on its behalf by.. K Hussairt- Tiustee The notes forn) part of these financial siatemeijts 13
IBA1UR.RHmAN TRUST ,8TATFMENT OF C'ASH FU)WS FOR THE YEAR KNDED 31 hL4RCH 2022 2022 2021 Not¢s Cash flows frum op¢ratlng tIVItIeS Cash gcnaated from operations 598,919 448.589 Net cash provided by operating activitses 59V19 448,589 Co$h floiys from InYegtIng actitieS Pllrchasc of propeny, plant & equipment Jnterest received {A,184,638) 545 (1,811,600) 2,885 Net C8sh u5¢d in inv¢sting Rctivitiea (1,184,093) {1,808,715} Change In £h and $h equlvalents In the reporllng perlod Cash and eash equlv#lents at the beginning of the reportlng pèriod (585,174) (1,360,126) 949,609 2,309,735 Cash and eash equ1v1ents 4t the end of the roportlng perl(rfl 36WS 949,609 The notes fonn paTtof these finATLcial statement8 14
IBATUR.tL4HmAN TRUST NOTES TO THE STATEMENf OF CASH FLOWS riOR THE YEAR ENDED 31 tvIARCH 2022 RECONCtLIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2022 2021 Net Incom¢ for tlie reportlng perlod18s per the StatementofFknandal Aetii'ities) Adlujtments for: Depreciation Charges Jnterest received Decrease ill dcbtors In¢Ths¢ in credators 492,961 348,496 IOOJ23 (545) 615 5,565 95,867 {2,885) 3,493 3,618 Net c4sh proed by oper*tio]t$ 598,919 448,589 AIYALYSIS OF CHANGES IN NET FUNDS At 1.4.21 Cgsh flow At 31.322 r4et cash Cash at bank and in hand 949,609 {58S174) 36{435 949,609 {585,174) 361435 Totsl 949,609 (585,174) 364,435 The note8 fonll partof these financial 8taten)ents 15
lBA1UR.RAHMN TRUST NOTfi 8 TO THC fiINANCJAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 LEGAL STATUS tbad-Ur-RAht)wi tntst 15 re8ulat¢d by Charity con)10 since r¢gistrdtion on 24 MAY 1982. ACCOUNTING POLICIES BA81# of pvepring the flnanelll ststements Th¢ financial statements hav¢ been prepa1 in arxord8nce with Accounting and R¢tting by Charities.. stalent of Reconunended Practice applicable to charities preparing ¢heir aecount5 ID accordance with the Financial Reporting Standard applicAble in the UK 4nd Republic of Ireland (FRS 102), second edition - OGtober 2019 (Charities SORP IFRS 102)), the Financial Rcpoiting Standard applicable in th¢ UK ld Republic of ¢land (FRS 102) and the Companies ALt 2006 alld UK Generally Acceptcd A¢coiiiiting Practico. Th¢ Trust$ have eOTJsider¢d the impact of the pand¢mi¢ on the trust and regnIS¢ that tbe future Cannot be predictedwith certainty. The Trust contiiiued to be SUp>rted throvghoul the IWkdOw. After considering. the role of Ibad-Ur-Rahman within the Mrydcr eommunity (described on pages 14 of the Truslee's report) and risk m8nagement, the ttusteos have ¥eo8ollable ¢xpcctation that the trust lias adequate r¢sourc¢5 and cash flows to meet it's spending commitments for the foreseeable lre. Wc¢kly donations continue to exceed ongoingnwning costs of the ¢barity. The believ¢ that the thjst manage the risk it face5 at these challenging t1¢5 alld therefore contillue ttTr adopt the going concem basas of accountit)g in preparin8 these financial $taletyKnts. come Ail income is iKognisEd ill th¢ Ststement of Financial A¢tivitics one¢ the charity has cntitlement to th¢ fuiids, it is probable flt the income will be received and the amouttt can be measured reliably. In accordancc wit]i the Chwities SORP IfRS102), the general volunteer time of volunteers is ttot reeognised as 1com¢ and can refer to the trustee's annual rcJx)rt for more infort1illI about thier coiitribution. Exp¢ndltllr¢ LiAbilitieA reco1$ed 88 expenditure soon as ther¢ is a legal or constrictive obligation committing thé charily to tbht exp¢nditur¢, it is probable that a transfer of Ceollomic benefits will be requir in settlement alld the amount of the obligation can be measured rcliably. EXpcndIr¢ is accounted for oil an accrnals basis and has be¢ii Glassified utLder hdingS that ab'¥regato all cost relAted to the ¢¢gory. Wh¢re costs cannot be directly attribuL¢d to P2rti¢uiar headitw they have been altocated to activities on a b&%is con$i8tent with the us¢ of rc80ur¢es. Property? plint & equlpment Depreciation 18 provided at the following annual rateJ in order to write off eh asset over its estinuted useful life. Lat Freehold property & buildin8 Fixtures and fittings 1£&8ehold prop¢ty - Not d¢pre¢iAted - Straigbt line ov¢r25 ye8r8 - 25tl/o on Teducing balance - Strdight line over 65 years LXpendir¢ on minor itetYLS of fJx(utts and fitti]w, which e it)dividUY inuywterial, ale ¢114rged to the 8tstcmellt of financial position whcn incurred. Freehold propety is owned bythe 8nd it is used fordirect charitsbl¢purposc5. The property eurretttly under constiwion will not be depreciatedwitil constrnction is complete. 16 ¢otttinu...
IBATuR.RAllM TRUST NOTES TO THE FINAIYCIAL STATEIMENTS- ¢oThtlnued FOR THE YL4R ENDED 31 MARCH 2022 ACCOUNTING POLICIES- contlnued Propertyi plant & equlpment Tlie residual values, estittvdted useful liv&% and depreeiatioll method of property. plant and equipinent are revt¢wed, and adjusted as appropriate, at each stitem¢nt of financial position dato. The effects of any revision arc recolised in the 8tat¢in¢nt of flnancial actiYiti48 when the ehaDge arises. TaxAtlon The crIty is exeAw)t from tsx on its charitable activitie8. Fund aectsunthix UDrestri¢t¢d funds can IK used irt Bwordance with the charitsble objLxtives at the diSCli0 of th¢ trte¢s. Re8trieted fund8 Can only be used for particular restricted purpos¢s within tile objects of the charity. Restrictions arise whcn 5pecLfied by the donor or when funds are raised for particular restricted pu}se$. In this case the reserves T¢present tnonies held fortiie development of th¢ mosque and monies held for splf1¢ Charitable work. Further explanation of the naturc al pury)0sc of each fund is included in the notes to th¢ fJnan¢ial st4teTllents. Pell0 eosts Attd other po81-retlrcmt]tt bthefits The Charity operates a defined ntribUTI1 pension sc1Me. Contributions payable to th¢ chftrity's p¢nsioll srheme arc charged to the Statement of Finan¢ial Activities iti the peri<Ki to which they relate. and cash equfvfilents Cash 8Md cash equivaleiits include cash in hand, deposits held at call with bath and other short tem liquid investtnents with original maturities of three month$ or I. CR4tl¢al Ae¢ountlng esdma¢es And judgements In the application of th¢ charity's acLoiintiiig policies, th¢ tru8tee8 ar¢ requiroj to make ¢stimates and judgern¢nts. The estimat£8 are based on historicaL ¢xperi¢nces and other relevallt factor8. Actual results may differ from these estiinates. Thc e8timates are corttiiiually evaluat Revisions to accounting estimates are ieco8Thised in the peLiod in which the cstimate is revis1. The estiinate8 gnd assumpttons which have a sigtiificant risk of causing a material adju$ttn¢nt to the carying allut ofass¢ts and liabiiities are out]ined b¢low.'- 11 E5timattil8 the useful economie life of pn 8¢1 and the antieipatcd rcsidual valuc in calculatit)g an appropriate depr¢¢iation Charge. 2) R¢v1¢ing the v*luation of firehold land and }lIding$ and detemiining whether the are any InditOrS of impaimi¢nt of the chority'5 tangible assets. Governmenl grnnt Ineome Grunt itKoine tbat becomes rl¥able under 'Prokction i)f Places of Worship S¢hmi¢' is rgnISed in in¢ome in the period in which itbecoin¢s re¢eivable. 17 contitiued...
IBAD-UR.IL4HIIW TRIJST NOTES TO THE VINANCIAL STATEMENTS- condnlled IIOR THE YEAR ENDF.D 31 MARCH 2022 DONATIONS AND LEGACIES 2022 2021 I)onation5 Grant$ 944404 4A166 644.203 94278 990,570 738,481 Grants weived, ittcluded ill the abovq are as follows.. 2022 1021 Other grallt5 46,166 94,278 INVESTMENT INCOME 2f122 2021 De81t account intcr¢st S45 2,885 CHARABLE ACTIvrriKs COSTS Support costs (SCC note 6) DirLxt Costs Totals Wages E6tablishTnentcosts Donations Education and Guest 8peakers Govemancc costs Depreciation 189,762 99,982 45380 53088 189,762 99.982 45,280 53088 8.919 IQOJ23 8919 tOOJ23 489335 8,919 498,154 SUPPORT COSTS Governance costs Govcmthce costs &919 18 contiiimed...
IBAD.UR.RAHMAN TRUST NOTES TO THE FINANCIAL STATEMENTS- eontlnue41 FOR THE YEI AR ENDED 31 MARCH 2022 SiJPPORT COSTS- continued 2022 Audit fees ACntanCY services 1720 &J99 &919 AUDITORS. REhfUNERATION During the year remuneration of £3,720 (2021.. £3,600) was paid to thc auditoi? of the ¢hATity. TRUSI'LIKS, REMUNEIL4TION AND BXNEFITS Qainaruz7Aman Azmi {Chicf Imam) was app)inted as ttitstee lli July 2009, Mr Azmi ts in the rweipt of a Sary for Iiis positioi) as Cliief Imam. Dui'illg the year ended 31 March 2022 h¢ was paid a remuneration of £27,774 (2021.. £23.046} Trustees, expoll$o# There were no trustees, benefits or expenses for the year ended 31 March 2022. nor for the year ended 31 Mar¢h 2021. STAFF COSTS 2022 2021 Wage8 [1¢$ Social $urity costs Otber pension wsts 185,186 3,411 ,165 149,616 1,688 957 189,762 152,261 The averdge montiily nunther of ¢mployees duritig the YearW 88 follows: 2022 31 2021 29 Admtllistsation and support No ernployee8 e1Ved ¢moluments ll) eXcth of £60,(KM). 19 Continued...
IBAIUR.RAHmAN TRt7sr NOTES TO THK FINANCIAL STATEMENTS- contlnued FOR THE YEAR Ef4DED 31 MARCH 2022 io. COMPARATIVES FOR THE STATEMENf OF FINANCIAL AcfiviTIES Unwtrictcd fimds R¢5tricted fimds Total fulld INCOME AND KNDOWMENTS FROM Donations and Icgacies 382,159 356,322 738,481 InvlMent income 2,885 2,885 Total 385,044 356,322 741,366 EXPENDITURE ON Charitable aelivitie5 Wages Establi8hm¢rtt wt5 Donations Educationand Guestspe4kc Governan¢¢ St5 Depreciaiion 151,120 89,9S4 522 48,990 6,417 85,878 151,120 89,954 522 48,990 6,417 95,867 9,989 Total 382,881 9,989 392,870 NET INCOM TrAtt$ftrs behveen thnds 2,163 {228,1491 346J33 228,149 348,496 Net wov¢mcnt In fund$ {225,986) 574,482 348,496 RECONCILIATION OF FUNDS Total fundg brought foNard 3,436262 3,436,140 6.872,402 TOTAL FUND8 CARRIED FORWARD 3210,276 4,010,622 7220,898 20 continued...
IBAI>UR.RAHMAN TRusr NOTES TO TEIE FINANCIAL STATEMENTS- ¢ontlnMed FOR THK YLAR ENDED 31 MARCH2022 ii. PROPERTY, PLANT & EQUIPMENT Freehold lond And builditi8S under constNction FehOld land at]d bwldings Leasehold landand buildings Fixtures fittings Tot918 COST At l April 2021 Additions 4,000,660 1,143,148 2,442,410 401,697 73,520 41,490 918,287 1,184,638 At 31 March 2022 $143008 ZA42AIO 401, 115,010 8,IOV25 DEPRECIATION At l April 2021 Charge foryear 527,857 87.976 12J60 Q180 68J90 6,167 60&607 IIIOJ23 At 31 March 2022 615833 1&540 74,557 71II930 IYET BOOK VALUK At.11 March 2022 5,143008 1,826J77 383,157 40A53 7J93J95 At 31 March 2021 4,000.660 1,914,553 389,337 5,130 6,309,680 In¢luded in eost or valuation of land and buildings is freehold land of £449,000 (2021- £449,000) which is t)ot dcpreciated. The frcchold property is the JnIa Mosque, Woodlartds Road, Woodland Sttret, Cheethaln Hill. A valuation of £2,030.000 was provided by Aspin and Company Chartcrcd Surveyors on 19 June 2013. This includes th¢ Jat on which the red¢velonCttt of the mosque 1$ currcntly oiigoin& with a value of £206,000. Th¢ balance of £2,430.000 relates to the Ya]ue of the land and other blIding8 not 8ubj¢ct redevelopment. 12. BTORS: AMouf4TS FALLING DUE WITHIN ONE YEAR 2022 2021 Otherd¢biu Pr¢payments and accrued incoin¢ 12,000 1,5113 12,000 2,118 13J03 14,118 21 continued...
IBAWUR-RAHMAN TRUST NOTES TO THE FtI4ANCIAL STATEMENTS- condllued riOR THE YEAR E,DED 31 MARCH 21122 13. CREDITOILS: AMOUNfs FALLING DUE WITHIN ONE YEAR 2022 2021 Accrned expee8 5&074 52,509 14. MOVEMENT IN FUNDS Net mov¢]n¢nt in funds TraD8f¢rs betsveen fiEnds At 31.322 Atl.4.21 Unrestrlete41 funds Geherdl fund Revalwdtion res¢rve 1,743,694 146C582 114,299 (750A87} 1,107506 1,466582 3310,276 114,299 (750,487) 2,574,088 Restrlded fid9 26,171 (4,010) 392,661 {9989) 22,161 Building development appeal Building developffi6nl expend¢d 1392,661) 1,143,148 3.984,451 5,117,610 40111,622 378,662 750,487 5,139,771 TOTAL FUNDS 7,220W8 492961 7,713859 Net nknvement in funds, included in the above 08 follows.. Ineoming resowce8 R&80UW expended Movemont in funds Unrestrlcted funds Gcn¢ral fund {432J65) 114,299 RestrIeted fuThd¥ Zakat Pl&yscheme Fwid rdising Buildin¥ develiynentappeal Building development expended 24.425 13JIMI 13J65 392,661 (28,435) (13,500) 03,965) 14,010) 392,661 (9989) 19J891 44551 (6S889) 378,662 TOTAL FUNDS 991,115 (498,154) 491961 ¢ontinued...
lBAtuR-RAHmAN TRUST NOTES TO THE FINANCIAL 8TATEMENTS- eontinued FOR THE YEARENDED 31 MRCH 2022 14. MOVEMENT If+1 FUNDS- ¢oiitinued Comparatlves formov¢m¢nt th funds Net MoveMlt in fijnds Transfers betwc¢tk funds At 31.3.21 At 1.4.20 Unrestricted fund$ General fund Revaluation res(YY¢ 1,969,680 1,466.582 2,163 1228,149) 1,743,694 1,466,582 3,436,262 2,163 {228,149) 3210,276 Restrlcted fund$ Zakat Building developnwit appeal Building dcvelopment cxpended 16.061 1,237,239 2,182.840 10,110 346,212 (9,989) 26,171 {1,583,4511 1.811,600 3,984,451 3,436,140 346J33 228,149 4,010,622 TOTAL FUNDS 6.872,402 348,496 7,220,898 Compardtive net moy¢ment in fidI includ¢d in the alx>v¢ ore as follows.. Incoming r¢soutceB Resour Movement expended in funds UnrestrIcted funds General fund 385,1>44 (382,881) 2,163 Restrlcted funds Zakat Jjuilding developjnent appeal Building thvelopm¢nt cxpend¢d 10,110 346,212 10,110 346,212 (9,989) (9,989) 356,322 (9,989) 346,333 TOTAL FUNDS 741,3( (392,8701 348,496 This r¢strietal fund comprises of monies specifically to be used for donations to other CharitiemdraSaS particularly to those in India }d Pakislan. Bulldlng deveiopmeiit appeal This restricted fund comprises of all monies donated to the I$t specifically for the cojjslwction of tl* nwsque buildin BulldlDg development expend Tliis r<¥tricted fund ¢on)prises of all th¢ monie8 that I been spenton th¢ mosqiic developrnent. continued...
JBAI>UR41AHMAN TRusr NOTES TO THE FINANCIAL STATEMENfs- eontlnued FOR THE YEARENDED 31 IARCH 2022 14. MOVEMENT IN FUNDS- condnued Tran$fen betweell fvllds Restrffieted Funds A total of £392,661 was tttnsfeLTed from the Building Ikvelopjnent Appeal to the Building tkv¢lopment Expended and £750,487 from G¢ner41 to BuildiE]8 Dev¢li)pui¢nt ExpeAded in respxt of the amount spertt ou mosque development and ¢onsequentlyeapitalised. 15. RELATED PARTY DISCLIKSURES Din¥ the period, there no relatd paty trun88¢tion& oth¢r than those already disclosed within Not¢ 8 I'rustee remuneration alld b¢n¢fits. ULTIMATE CONTROLLING PARTY The blwity is eorttrolled by the tswste&E in the office. 24