##
##
##
|||Page|
|---|---|---|
|Trustees'
report||3-8|
|Independent
exantiner's
report|||
|Statement
offinancial|activities|10|
|Balance sheet|||
|Cash flow statemeut||12|
|Notes to the flinaucial|statements|13 —25|
|Become &expntditure|account|26|
##
##
|||Page|
|---|---|---|
|'I'rustees'
report|||
|Independent
exasniner's
report|||
|Statetuent
offinancial|activities|10|
|Balance sheet|||
|Cash flotv statement||12|
|Notes to the Putancial|statements|13-25|
|Income &expenditure|account|26|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
||||Note|Funds|liunds|2023|Funds|Funds|2022|
|||||||||f,||
|Income from:||||||||||
|Donations
and legacies|||2|134,567|185,618|320,185|254,714|674|255,388|
|Charitable
activities|||3|46&357||46,357|61,522||61,522|
|Activittrs
for geneiating||funds||5,397||5,397|12,974||12974|
|Other income|||5||||453||453|
|Total income||||186)321|185&618|371)939|329,663|674|330,337|
|Expendinu
eon:||||||||||
|Raisiog funds|||6|728||728|656||656|
|Charitable
activities|||7,8|237,571|450|238,021|207,626|1,405|209,031|
|Other expenditure|||9||||323||323|
|Total expenditure||||238,299|450|238&749|208,605|1,405|210,010|
|Net income/(expenditure)||||||||||
|before transfer||||(51rt78)|185,168|133,190|121,058|(731)|120,327|
|Transfers
bettveeu|funds||18,19|185,143|(185,143)||53,947|(53,947)||
|Net movement
iu fuuds||||133,165|25|133,190|175,005|(54,678)|120,327|
|Reconciliation
offunds:||||||||||
|Total funds brought||||||||||
|fotivard
at Ol April 2022||||1)521,699|1,909|1)523)608|l,346,694|56,587|1,403,281|
|Total funds carried||||||||||
|fomvard
at 31March 2023||||1,654,864|1,934|1,656)798|1,521,699|1,909|1,523,608|
##
##
|||||2023||2022|
|---|---|---|---|---|---|---|
|||Note|||||
|Fixed assets|||||||
|Tangible assets||14||1,796,371||1,080,015|
|Cuts ent assets|||||||
|Debtors||15|5,875||9,704||
|Cash at bank and in|hand|26|142,412||445,612||
||||148,287||455,316||
|Liabilities|||||||
|Creditors: amounts|falling due||||||
|witlun
one year||16|(287,860)||(11,723)||
|Net current assets||||(139,573)||443,593|
|Total net assets||||1,656,798||1,523,608|
|Funds ofthe charity|||||||
|Unrestricted
funds:||18|||||
|General funds|||(201,012)||389,181||
|Designated
funds|||1,855,876||1,132,518||
|||||1,654,864||1,521,699|
|Restricted funds||19||1,934||1,909|
|Total charity funds||20||1,656,798||1,523,608|
##
##
|||||||Noie|||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
|Cash floivs front operating||activities:|||||||
|Net cash|provided
by operating||activities|||23|441,885|141,048|
|Cash flows from investing||activities:|||||||
|Less; Purchase offixed assets additions||||in the year||14|(745,085)|(74,069)|
|Net cash|provided
by mvesting||activities||||(745,085)|(74,069)|
|Increase I(decrease) in cash||and|cash equivalents||in the||||
|reporting|period||||||(303,200)|66,979|
|Cash
and|cash
equivalents|at|the
beginning||of the||||
|reporting|period||||||445,612|378,633|
|Cash and|cash equivalents|at the end||ofthe|||||
|reporting|period|||||24|142,412|445,612|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||2|Donations|&legacies|&legacies|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Total|Total|
||||||||Funds|Funds|2023|2022|
|||General donations||&gifts|||63,082||63,082|166,558|
|||Friday collections
Extension
appeal|||||69,983|185,143|69,983
185,143|63,910|
|||Sadaqah Wajibah||donations||||250|250||
|||Gia)vi sharif donations||||||225|225|674|
|||Gift aid|||||1,502||1,502|24,246|
||||||||134,567|185,618|320,185|255,388|
|3||Income from charitable|||activities||||||
||||||||Unrestricted|Restricted|Total|Total|
||||||||Funds|Funds|2023|2022|
|||Mosque:|||||||||
|||Maniage,
divorce and other
Radio Azaan||||advice services|2,430
810||2,430
810|3,330
1,450|
||||||||3,240||3,240|4,780|
|||Academy:|||||||||
|||School fees|||||33,242||33,242|44,193|
||||||||33,242||33,242|44,193|
|||Other:|||||||||
|||Memberslnp
fees
Rag collection|||||8,675
1,200||8,675
1,200|11,649
900|
||||||||9,875||9)875|12,549|
|||Total income|from|charitable||activities|46,357||46&357|61,522|
##
##
|4|Activities|for generating|funds|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|2023|2022|
||Rental income|||5)397||5,397|12,374|
||Advertisements||||||600|
|||||5,397||5,397|12,974|
|5|Other income|||||||
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|2023|2022|
||lRS grant||||||453|
|6|Expenditure|on raisiug funds||||||
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|2023|2022|
||Fuudraising|feesk charges||728||728|656|
|7|Expenditure|on charitable|activities by fund|||||
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|2023|2022|
||Mosque|||109,172|450|109,622|105,760|
||Academy|||128,399||128,399|103,271|
|||||237,571|450|238,021|209,031|
##
##
|8|Analysis ofexpen&liture|Analysis ofexpen&liture|on|charitable|activities|||||
|---|---|---|---|---|---|---|---|---|---|
||||||Basis of|Mosque|Acadeiuy|Total|Total|
|||||A|llocation|||2023|2022|
||Direct costs:|||||||||
||Activities||||Direct|1,477||1,477|4,882|
||Salaries and wages|(inch|contractors)||Direct|29,355|94,753|124,108|I 11,263|
||Non-salaiy
staff &|volunteer||costs|Diieet|75||75|600|
||Office costs||||Direct|4,069|1,656|5,725|2,268|
|||||||34,976|96,409|131,385|119,013|
||Support costs:|||||||||
||Salaries wages|||70%/30%||19,619|8,408|28,027|22,755|
||Office costs|||70%/30%||12,256|5,252|17,508|2,547|
||Premises costs|||70%/30%||21,791|9,339|31,130|57,507|
||Governance
costs|||70%/30%||18,636|7,987|26,623|6,119|
||Other costs|||70%/30%||2,344|1,004|3,348|1,090|
|||||||74,646|31,990|106,636|90,0 I8|
||Total expenditure|on||||||||
||charitable
activities|||||109,622|128,399|238,021|209,031|
|9|Other expenditure|||||||||
||||||Unrestricted
Restricted|||Total|Total|
|||||||Funds|Funds|2023|2022|
||Flat related service charges||||||||323|
|10|Net iucoining resources for the year|||||||2023|2022|
|This|is stated after charging:-|||||||||
|Independent
examiner fees||||||||1,305|1,305|
|Depreciation
and Impaument||Giarges||||||28,729|28,675|
##
##
|12|Employees|||2023|2022|
|---|---|---|---|---|---|
|||||Head|Head|
|||||Count|Count|
||Nuiuber ofemployees|||||
||The average nuniber ofemployees,|analysed|by function was;|||
||Mosque lmams &staff|||||
||Academy staff|||||
||Caretakers|||||
|||||12|10|
|||||2023|2022|
||Employment
costs|||||
||Employed staff costs|||116,768|99,532|
||Social security costs||||602|
|||||116,768|100,134|
##
##
##
##
|Fixed Assets||||||
|---|---|---|---|---|---|
||WIP|Land &|Furniture
&|Fixtures &|Total|
||Building|buildings|equipment|fittings||
|Cost||||||
|At 31 March 2022|72,995|1,122,095|1,074|86,465|1,282,629|
|Additions|745,085||||745,085|
|At 31 March 2023|818,080|1,122,095|1,074|86,465|2,027,714|
|Depreciation||||||
|At 31 March 2022||140,868|161|61,585|202,614|
|Charge in the year||11,221|215|17/93|28,729|
|At 31March 2023||152,089|376|78,878|231,343|
|Net book value||||||
|At 31March 2023|818,080|970,006|698|7,587|1,796,371|
|At 31 March 2022|72,995|981,227|913|24,880|1,080,015|
##
||||
|---|---|---|
|Debtors|2023|2022|
|Membership
fees receivable|4,800|2,800|
|Academy fees receivable|1,075|3,645|
|Gift aid receivable||3,259|
||5,875|9,704|
##
##
|16|Creditors: amounts|falling|falling|due ivithin|one year||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|
||PAYE/N I|||||||||2,431|
||Accmals||||||||1,905|2,017|
||Mad& assah deposits||||||||3,455|7,275|
||Kaiz-e-Hasna
(interest-0'cc|||loans fiom donor community)|||||282,500||
||||||||||287,860|11,723|
|17|Financial instruments||||||||2023|2022|
||Financial
assets||||||||||
||Financial assets measured||at|fair value through profit|||&loss:||||
||- Cash at bank and in|hand|||||||142,412|445,612|
||—Membership
fees receivable||||||||4&800|2,800|
||- Academy fees receivable||||||||1,075|3,645|
||—Gilt aid receivable|||||||||3,259|
||||||||||148,287|455,316|
||Finaucial
liabilities||||||||||
||Financial assets measured||at|fair' value tbrougir profit|||&9loss:||||
||- PAYE/NI|||||||||2,431|
||—Madrassah
deposits||||||||3,455|7,275|
||- Karz-e-Hasana
(interest-fic|||loans from|donors)||||282,500||
||Financial liabilities measured|||at amartised cost:|||||||
||—Accruals||||||||1&905|2017|
||||||||||287,860|I I,723|
|18|Unrestricted
funds||||||||||
|Current year (2022/23):||||Balance at|||||Transfer|Balance at|
|||||31|March|Incoming||Resources|Behveen|31March|
||||||2022|resources||expended|Funds|2023|
|General funds||||389,181|||186,321|(238,299)|(538,215)|(201,012)|
|Designated
funds: lr'ixed assets||||1,080,015|||||716,356|1,796,371|
|Designated
funds: Reserves||policy|||52,503||||7)002|59,505|
|Total|Unrestricted
funds|||1,521,699|||186,321|(238&299)|1S5,143|1)654,864|
##
##
|18
Unrestricted
funds (cont.)|18
Unrestricted
funds (cont.)||||||
|---|---|---|---|---|---|---|
|Prior year (2021/22):||Balance at|||Transfer|Balance at|
|||31 March|Incoming|Resoiuces|Between|31 March|
|||2021|resources|expended|Funds|2022|
|General
funds||f,346,694|329,663|(208,605)|(l,078,571)|389,I81|
|Designated
funds:|Fixed assets||||1,080,015|1,080,015|
|Designated
funds:|Reserves policy||||52,503|52,503|
|Total Umestricted|funds|1,346,694|329,663|(208,605)|53,947|1,52],699|
##
|Current year|(2022/23):|(2022/23):|Balance at|Balance at|Balance at|||Transfer|Balance at|Balance at|
|---|---|---|---|---|---|---|---|---|---|---|
||||31March|||Incoming|Resources|Between|31March||
|||||2022||resources|expended|Funds||2023|
|Giarvi sherif
Sadaqah Wajtbah||||1,909||225
250|(450)|||1,684
250|
|Extension appeal||||||185,143||(185,143)s|||
|Total||||1,909||185,618|(450)|(185,143)||1,934|
|*Extension
funds||transfen'ed|into unrestricted|funds|from restricted||funds
due to|these funds|having|been u|
|and capitalised|into the WIP||Building categoiy ofFixed|||assets.|||||
|Prior year (2021/22):|||Balance at|||||Transfer|Balance at||
||||31 March|||Incoming|Resources|Between|31|March|
|||||2021||I'csoiil'ces|expendedf|Funds||2022|
|Gian
i sharif||||2,640||674|(1,405)|||1,909|
|Extension
appeal
IRS grant||||21,380
32,567||||(21,380)"
(32,567)a|||
|Total||||56,587||674|(1,405)|(53,947)||1,909|
##
##
##
##
##
##
|20|Analysis ofnet assets between|funds||||
|---|---|---|---|---|---|
||End ofcurrent period (2022/23):||Unrestricted|Restricted||
||||funds|funds|Total|
||Fund balances at 31March 2023 are|||||
||represented
by:|||||
||Fixed assets||1,796371||1,796,371|
||Net current assets||(141,507)|1,934|(139,573)|
||||1,654,864|1,934|1,656,798|
||End ofprior period (2021/22):||Vnresndcted|Restricted|Total|
||||fimds|funds||
||Fund balances at 31March 2022|are||||
||represented
by:|||||
||Fixed assets||1,080,015||1,080,015|
||Net cmrent assets||441,684|1,909|443,593|
||||1,521,699|1,909|1,523,608|
##
##
##
||Land and buildings|Land and buildings|
|---|---|---|
||2023|2022|
|||f.|
|Within one year||5,833|
|Between one and three years|||
##
|23|Reconciliation
of
cash
flows|Reconciliation
of
cash
flows|from|operating|2023|2022|
|---|---|---|---|---|---|---|
||activities||||||
||Net income / (expendiha e) for the||reporting|period|133,190|120,327|
||Add; Depreciation
charge||||28,729|28,675|
||(Increase) / decrease in debtors||||3,829|(9,704)|
||Increase / (decrease) in creditors||||276,137|1,750|
||Net cash provided
by operating|activities|||441,885|141,048|
|24|Analysis ofcash and cash equivaleuts||||2023|2022|
||Cash at bank and in hand||||142,412|445,612|
||Total cash and cash equivalents||||142&412|445,612|
##
|24A|Analysis|ofchanges|in|net|debt||||
|---|---|---|---|---|---|---|---|---|
|||||||Start|Cashflovvs|End|
|||||||ofyear|in year|ofyear|
||Cash|||||445,612|(303,200)|142,412|
|||||||445,612|(303,200)|142,412|
##
|||||2023||2022|
|---|---|---|---|---|---|---|
|INCOME|||||||
|General donatiotts|||63&082||f66,558||
|Iununah
collecnons|||69,983||63,910||
|Extension appeal|||185,143||||
|Giarvi collections|||225||674||
|Sadaqah Wajibah|||250||||
|Gift aid claimed|||1&502||24,246||
|C&l'slits lllcolnc|||||453||
|Madiassah
fees|||33,242||44,193||
|Membership
fees|||8,675||I l,649||
|Mamage
&.advice sen ices|||2&430||3,330||
|Rag collection|||1,200||900||
|Azaan mdios income|||810||1,450||
|Advertisiug
uicome|||||600||
|Reotal incoiue|||5,397||12,374||
|TOTAL INCOME||||371,939||330,337|
|EXPENDITURE|||||||
|Salaries &wages|||116&768||100,134||
|Contmct wages|||35,367||33,884||
|Staff travel &other costs|||75||600||
|Events: Giarvi expenses|||450||1,405||
|Events: Talks &Speakers fees|||||2,527||
|Office: Depreciation|||17&508||17,454||
|Office: Equipment
&ITcosts|||3,969||1,212||
|Office: Printing &stationery|||626||658||
|Office. Accountancy
&consultancy|||526||647||
|Office: Telephone &internet|||604||I, I74||
|Office: Subsisience &refieslnnents|||1,477||963||
|Premises: Depreciation|||11/21||I 1,221||
|Premistu: Insutance|||3,750||3,350||
|Premises: Utilities|||9&221||9,543||
|Premises. Repaiis & maintenance|||5,552||l4,577||
|Premises: Cleaning|||||972||
|Premises.
' Service charges|||||323||
|Premises: Other|||1,386||552||
|Goveniance: Legal &professional||fees|25/18||4,814||
|Governance:
Audit/Examination||fees|1,305||1,305||
|Other; Grants &disbursements|paid||||150||
|Other: Fundiaising
costs|||728||656||
|Other: Hank charges|||1,276||||
|Other: Publicity
&,promotion|||475||999||
|Other: Radio costs|||1,147||800||
|Otlier: Miscellaneous
expenses|||||90||
|TOTAL EXPENDITURE||||(238&749)||(210,010)|
|NET INCOME||||133,190||120,327|