Registered Charity Number :_ 516787 GHAUSIA MOSQUE TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR END 31 August 2024 GHAUSIA MOSQUE 191 Waterloo Road Stokerf•n-Trent GHAUSIA MOSQUE CONTENTS FOR THE YEAR ENDED 31 Augusi 2024 TRUSTEES, REPORT......................................... STATEMENT OF FINANCIAL ACTIVITIES................................................................................................................ BALANCE SF4EET............ NOTES TO THE FINANCIAL STATEMENTS........................ GHAUSIA MOSQUE TRUSTEES, REPORT FOR THE YEAR ENDED 31 August 2024 Ghausia Mosque Trustees, Annual Report for the Year Ending 31 August 2024 Reference and Administrative Details Charity Name: Ghausia Mosque Charity Registration Number: 516787 Reg)istered Office: 191 Waterloo Road. Stoke-On-Trenl, Siaffordshire. ST6 2HJ, United KingFdom Trustees: Mr. Asif Mahmood Mirza Mr. Majid Iqbal Independent Examiner: Linktax, I l A Snow Hill, Shelton. Stoke-On-Trent, ST14LU Structure, Governance, and Management Governing Document Ghausia Mosquc Trust operales as a charitable trust governed by its constitution. adopted on 13 November 1983. with amendmenls on 7 October 1991 and 25 August 2020. Trustee Appointments and Decision-making New truslees are appointed by the exisling trustees and are briefed on their responsibilities under charity law, including understsnding the charity's constitution and recent perfomiance. Decisions are made collectively at regular board meetings. Organisational Structure The board oversees the charity's operations and holds regular meetings to manage strategic and day-to-day operations. Risk Management Truslees assess major risks affecting the charity and have implemented policies and systems to mitigate these risks efTectively. GHAUSIA MOSQUE TRUSTEES, REPORT FOR THE YEAR ENDED 31 Augusi 2024 Objectives and Activities Charitable Objectives Ghausia Mosque's primary objectives are: To promote religious and cultural activities. To advance education for the public benefit. To engage young people in recreational activities, helping th¢m grow as individuals and contributing members of society. To carry out other general charitable activities for the public benefit. Activities to Achieve Objectives During th¢ y¢ar, the mosque continued offering regular prayer services. including Friday prayers. Ramadan Taraweeh, Eid prayers, and funeral arrangements. Religious education for children and community events were organized throughout the year. Public Benefit Trustees have reviewed the objectives to ensure the charity's activities provide a public benefit, with reference to Charity Commission guidance. Achievements and Performance The Ghausia Mosque Trust facilitated regular prayer services, educational sessions for children. and community gatherings. The year also saw continued efforts in raising funds for the ong?oing construction project. which aims to provide additional services to the community. Financial Review Principal Funding Sources Total funds raised during the year w¢re £290.891. with incom¢ sources as follows: Donations and Legacies: £255.398 Charitable Activilie5: £27.070 Other Trading Activities: £8,422 Reserves Policy The trustees aim to build sufficient reserves to fund the construction of the new mosque building, which remains a priority project for the charity. Investment Policy The charity do¢s not currently have investment5 Outside its reserves. GHAUSIA MOSQUE TRUSTEES, REPORT FOR THE YEAR ENDED 31 August 2024 Plans for the Future The primary focus for the upcoming year is to complete the ongoing mosque construction. Statement of Trustees, Responsibilities Trustees are responsible for maintaining accurate records. preparing financial statements that provide a fair view of the charity's activities. and ensuring compliance with the Charities Act. They must: Select appropriate accounting policies and apply them consistently. Make judgements that arc reasonable and prudenl. Prepare accounts on a going concern basis unless circumstances su&gest otherwise. GHAUSIA MOSQUE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 August 2024 Notes Unrestricted funds Total Funds 2024 Total Funds 2023 Income and endowments from: Donations and legacies 255,398.73 255.398.73 350,308.00 Charitable activities 27,070.50 27,070.50 48,221.00 Other trading activities 8.422.00 8.422.00 Total 290,891.23 290,891.23 398,529.00 Expenditure on: Raising funds Charilable activities 2.613.80 2.613.80 69.502.69 69,502.69 60,484.00 Other 884.00 884.00 Total 73,000.49 73,000.49 60,484.00 Net incomel(expenditure) 217,890.74 217,890.74 338,045.00 Net movement in funds 217,890.74 217,890.74 338,045.00 Reconciliation of funds: Total funds brought forward 1,521,339.00 1,521.339.00 1,183,294.00 Total funds carried forward 1,739,229.74 1,739,229.74 1,521 J39.00 GHAUSIA MOSQUE BALANCE SHEET FOR THE YEAR ENDED 31 August 2024 Recommended categories by activity Notes Unrestricted funds Total Funds 2024 Total Funds 2023 Fixed assets Tangible assets 1.702,539.30 1.702,539.30 1,139,415.00 Total fixed assets 1,702.539.30 1.702,539.30 1,139,415.00 Current assets Stocks 450.00 450.00 450.00 Cash at bank and in hand 10 38.963.52 38,963.52 384,510.00 Total current assets 39,413.52 39,413.52 384,960.00 Creditors: amounts falling due within one year 2.722.75 2,722.75 3,036.00 Net current assetsl(liabilities) 36,690.77 36,690.77 381,924.00 Total net assets or liabilities 1,739230.07 1,739,230.07 1.521 J39.00 Funds of the Charity Unrestricted funds 12 1,739,229.74 1,739,229.74 1,521,339.00 Restricted income funds 12 Endowment funds 12 Total funds 1,739229.74 1,739,229.74 1,521 J39.00 The financial statements were approved by the Board on 30-Oct-2024 and signed on its behalf by: Asif Mahmood Mirza Trustee GHAUSIA MOSQUE NOTES TO THE FIIYANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 l Accounting Policies 1.1 Accounting Policies The principal accounting policies adopted by the Charity. which is a public benefit entity. in the preparation of the accounts are as follows. 1.2 Basis of preparation These accounts have been prepared under the historical cost convention: as modified by the inclusion of charitable properties and fixed asset investments and investmenl properties at valuation. These accounts have been prepared in accordance with "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial R¢porting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective l January 2019) - (Charities SORP (FRS 102)).. the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. These accounts are presented in pounds Stcrling and rounded to the nearest pound. 1.3 Going concern Thc Trustees have prepared financial projections. taking into consideration the current economic condiiions and have, at the time of approving these accounts. a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts. 2 Income from Donatlons and Legacies Unrestricted funds Total funds 2024 Total funds 2023 Analysis Donation and gift5 General grants proi'ided by. GovernmenLlother charities Gift Aid Other 161.350.53 161,350.53 350.308.00 14,072.05 14.072.05 14.144.97 65.831.18 255,398.73 14.144.97 65.831.18 255.398.73 350.308.00 GHAUSIA MOSQUE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 3 Income from Charitable Activities Unrestricted funds Total funds 2024 Total funds 2023 Analysis Sale of service 27,070.50 27,070.50 27,070.50 27,070.50 48,221.00 48.221.00 4 Income from Other Trading Activities Unrestricted funds Total funds 2024 Total funds 2023 Analysis Shop income Sponsorship 2.772.00 5,650.00 8,422.00 2,772.00 5,650.00 8,422.00 5 Expenditure on Raising Funds Total funds 2024 Total funds 2023 Analy515 Other trading activ ities 2.613.80 2.613.80 6 Expenditure on Charitable Activities Total funds 2024 Total funds 2023 Analysis Grants paid Legallprofessional fees Wagyes and salaries StatTcosts Charity management & administartio Charity running cost Cost of services Donations Prinling and stationery Support Cosls 5,618.54 660.00 46,636.00 596.00 3.183.00 2.017.00 168.00 5,634.00 49,691.92 722.80 461.52 9,238.59 709.32 3.060.00 69,502.69 1.590.00 60,484.00 GHAUSIA MOSQUE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 7 Support Costs Total funds 2024 Total funds 2023 Analysis Governance Costs Accountants fees 3,060.00 3,060.00 1,590.00 1,590.00 8 Other Expenditure Unrestricted funds Total fundg 2024 Total funds 2023 Analysis Depreciation Charge for the Year - Fixtures & Fittings Depreciation Charge for the Year - Computer Equipmcnt 615.00 615.00 269.00 269.00 884.00 884.00 10 GHAUSIA MOSQUE NOTES TO THE FINANCLIL STATEMENTS FOR THE YEAR ENDED 31 August 2024 9 Tangible Fixed Assets 9.1 Cost or valuation Freehold Land & Buildings Fixtures & Fittings Computer Equipment At 01 September 2023 1,134.995.59 6,926.53 3,807.19 Additions 564.008.11 Disposals Revaluations Transfers At 31 August 2024 9.2 Amortisation and impairments Freehold Land & Buildings 1.699.003.70 6,926.53 3,807.19 Fixtures & Fittings Computer Equipment At O I September 2023 3,851.93 2,462.19 Additions 615.00 269.00 Disposals Revaluations Transfers At 31 August 2024 9.3 Net book value 4.466.93 2,731.19 Freehold Land & Buildings Fixtures & Fittings Computer Equipment At O I September 2023 1.134.995.59 3,074.60 1,345.00 At 31 August 2024 1.699.003.70 2.459.60 1,076.00 GHAUSIA MOSQUE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 10 Cash at bank and in hand Total funds 2024 Total funds 2023 Cash at bank and on hand 38.963.52 38.963.52 384.510.00 384.510.00 I I Creditors: Amounts falling due within one year Total funds 2024 Total funds 2023 Accruals and d¢ferr¢d income Other creditors 1,440.00 1.282.75 2,722.75 1.140.00 1.896.00 3.036.00 12 GHAUSIA MOSQUE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 August 2024 12 Charity funds 12.1 Details of material funds held and movements during the CURRENT reporting period Fund balances brought forn'ard Fund balances carried fornard Gains And losses Fund names Income Expenditure Transfers Unrestricted funds 1,521,339.00 290.891.23 (73,000.49) 1.739.229.74 Total 1,521.339.00 290,891.23 (73,000.49) 1,739.229.74 12.2 Details of material funds held and movements during the PREVIOUS reporting period Fund Fund balances brought Gatns and balances losses carried fonvard forward Fund names Income Expenditure Transfers Unrestricted funds 1,183.294.00 394,060.00 (56,015.00) 1,521,339.00 Restricted income funds 4.469.00 (4,469.00) Total 1,183.294.00 398.529.00 (60:484.00) 1,521,339.00 12.3 Transfers between funds This Year Amount Between unrestricted and restricled funds Between endowment and restricted funds Between endowment and unrestricted funds Last Year 13 GHAUSIA MOSQUE NOTES TO THE FINANCIAL STATEMEIYTS,-- FOR THE YEAR ENDED 31 August 2024 Amount Between unrestricted and restricted funds Between endowment and restricted funds Between endowment and unrcstricted funds 14 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees** Charity Name Ghausia Mosque **On accounts for the year** 31/08/2024 **Charity no** 516787 **ended (if any) Set out on pages** (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31 / 08 / 2024. Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** The charity’s gross income exceeded £250,000 and I am qualified to **examiner's statement** undertake the examination by being a qualified member of the Association of International Accountants (AIA) I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. **Signed: Date:** 04/12/2024 **Name:** Muhammad Zamir **Relevant professional** AIA **qualification(s) or body** **Oct 2018** 1 **IER** ## **(if any):** **Address:** Linktax, 11A Snow Hill, Stoke-on-Trent, ST1 4LU ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . **Oct 2018** 2 **IER**