2023-24 FINANCIAL STATEMENTS (0110812023 to 3110712024) GHAUSIA MOSQUE & WELFARE ASSOCIATION 196-199 High Stree& Lye, Stourbridge, West Midlands DY9 8JZ STAR ACCOUNTANCY SERVICES UK LTD 52-54 Stourbridge Road. Stourbridge, West Midlands, DY9 7DL TelephondFax: 01384 423225 Emall: 1nfo@staraccountsncy.com
Ghausia Mos ue & Welfare Association - Chari No 517388 Trustees: Mr Pillpizer Hussain Mr Khadim Hussain Trustees Annual Re ort for the Year ended 311t Jul 2024 Alm & Purposes The Organisation remains commffted to providing Islarnic teachings to the Muslim community in the local area while fostering a deeper understanding of the Islamic faith within the wider community. It also airns to ensure suitable facilities and services for all who usa Ihe Masjid. Objectlves and AGtlvltles of the Charlty The Charily's relocation to the new site has been fully achieved, and the premises are now in full use. While minor improvements are ongoing, the Masjid is now better equipped to serve the growing needs of the communrty. This year has seen significant upgrades across the Masjid, ensuring the space is fully functional & welcoming. Some of the major projects cornpleted include: Youth Room & Engagement Scheme - providing a safe & engaging space for our younger community members. Wudu area enhancements and improvements - offering added comfort & convenience for worshippers. Kitchen project - now in its final stages, with the last fIngS currently being installed lo bring the facility into full use. Air conditioning installed in the basement - working in tandom with the upgraded ventilation system to improve air quality & comfort. - Masjid Shaheed Project - the roof has been removed & walls are being carefully dismantled as we take the next steps in its transfomiation. Water coolers & infrastructure fully installed - providing filtered & chilled water for the community. Alongside these improvements, some final administrative steps are being completed for parts of the building. These routine processes are well UndeaY & will ensure everything is aligned with neSSary standards. Achlevements and Perfomiance Over the past year. the Charity has made significant strides in expanding Islamic education, providing structured classes for children & adults alike. The Masjid remains a eAntre for daily prayers, with an lrnam leading the congregation five limes a day. The introduction of new
educational initiatives has further strengthened the role of the Masjid in nurturing faith & knowledge. The Charity has also been proactive in enhancing the facilities to rneet the needs of the congregation. The membership system has been relaunched, allowing greater involvement from the community. This has also paved the way for the first elections in many years for trustees & the committee, reinforcing transparency & community-led governance. Additionally, the DIY shop unit owned by the Masjid was leased out for part of the year, providing an additional source of income to help sustain ongoing projects & future developments. With these efforts. the Masjid is well on its way to becoming an even stronger pillar of the community. Financlal Revlew Total Receipts were £223,374. This was made up of public donations at Friday prayers, monthly membership fees and voluntary donations received. Statement of Trustee's Responsibilities Charity law requires the Trustees to prepare financial statements for each financial year which show a true and fair view of the Charity and its financial activiti.es for that period. In preparing these financial statements, the Trustees are required to: Select suitable accounting policies and apply them consistently. State whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the finanaal statements: and Prepare the financial statements on the going concem basis unless it is inappropriate to presume that the Charity will continue in operational existencE. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the finanaal position of the Charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the Charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities. Independent Examiner The Trustees have asked Mr. l Mussadaq of Star Accountancy Services UK Ltd to undertake an independent examination of the Charity's financial statements. Signed on behalf of the Trustees: Mr. Khadim Hussain (Chair of Trustees) 29th January, 2025
Independent Examinerfs Report to the Tntee$ I report on the accounts of the Charity for the year ended 31st July 2024 which are set out below: Respective Responslbllities of Trustees Examlner The Charity's Trustees consider an audit is not required for the year (under s43 (2) of the Charities Act 1993 (the Act)) and that an independent examination is needed. It is my responsibility to D Examine accounts (under s43 of the Act) l Follow the procedures laid down in the General Directions given by the Charity Commission (under s43 (7){b) of the 1993 Act) and Ll To state whether particular matters have come lo my attention Basls of the Examlnerfs Report My examination was carried oul in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented vth actual records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from you as Trustees conceming such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an opinion on the view given by the accounts. Independent Examlnef 8 Statement In connection with my examination, no matter has come to my attention: Which gives me reasonable cause to believe that in any material respect requirements To keep accounting records in accordance with section 41 of the Act" and O To prepare accounts which accord with the accounting records and to comply with the accounting requirement of the Act. Have not been met; or To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. l Mussadaq Star Accountancy Services UK Ltd, 52-54 Stourbridge Road, Stourbridge, West Midlands DY9 7DL.
Ghausla Mos ue & Welfare latlon Income & Expenditure Account for the year ended 311t Juty 2024 Donatlons Recelved 223.374 19,629 Add: Other Income Total Income Less Expense Wages Induding NIC Cleaning Telephone SIE Worker Rent & Rates Heat & Iht Print, Stationary & Postage Insurance 243,003 39,568 326 3,175 25,601 285 3.365 Pension Repair & Renewals Legal and Professional Fee Professional charges 40,521 2,778 720 124,135 Excess of Expenditure Over Income 118,868
Ghausia Mos ue W Ifare Assoclatlon Balance sheet as at 31st J I 24 FIXED ASSETS; COST Addltlons ACCUM. DEPN WDV Freehold Premises 4,199,696 45.406 00 4,245,102 Fixture & Fittings 00 300 00 300 4,199.696 45,706 00 4,245.402 Current Assets. Debtors Cash in Hand & in Bank 110,896 110,896 Less Current Llabilities. Creditors 1,028 1,028 Net Current Assets 109,868 Total Assets less current Liabilities 4,355,270 FINANCED BY; Accumulated Fund as at 0110812023 Income & Expenditure account balance as at 31st July 2024 4,236,402 118,868 4,355,270
ACCOUNTANT'S REPORT We have prepared the Income & Expenditure accounts for the Ghausia Jamia Mosque & Welfare Association Lye, Stourbridge on receipts & payments basis for the year ended 31 St July 2024 from the books, vouchers and other infonnation and explanations reiVed from the Trustees and report the same to be true and in accordance therewith. STAR ACCOUNTANCY SERVICES UK LTD 52-54 Stourbridge Road, Stourbridge, West Midlands, DY9 7DL. 2fj JAP1¢1 £0£5 TRUSTEE'S DECLARATION I, the undersigned, hereby confimi that l am an elected trustee of Ghausia Mosque & Welfare Association Lye, Stourbridge and approve the attached Income & Expenditure accounts for the st period ended 31 July 2024 and confirm that we have made available all relevant records and information for the preparation of these accounts. Signature: Name of Trustee: 27 JAt4iA£y 2oZS