Trustees. Annual Report for the period Period stsrt date 01 2024 Period end date 12 From 01 Section A Reference and administration details Charity name The Preston Muslim Society - Masjid E Quba Other names charity Is known by Reglstered charity number (If any) 51879S Charlty's principal address 184. 188. 190 & 192 New Hall Lane & 17 Lox Stroat Pr•ston Preston Lancashirn Lancashirn PR14DX PR14XL Names of the charity trustees vtho manage the charity Trus￿ name Offi￿ {rfany) Name of person lor body) entltled int tru$ ifan Mr ljaz Ahmed Mr Maknial Wasrf Syed MrAmar Beg Chairperson Trustee Trustee 10 11 12 13 14 15 16 17 18 19 20 Names of the trustees for the charity. rf any. Ifor example. any custodian trustees) Name Dates acted rf not for whole TAR M8rth 2012 Names and addresses of advisers (Optional information) e of adviser Name Address Name of chief execulive or names of senior staff members (Optional Inforniation) Section B Structure, overnance and mana ement Descrlptlon of the charity's trusts Type of goveming document TURST DEEDS How the Charity is constituted TRUST Trustee selection methods APPOINTED BY Addltional governance issues (Optional infornmtion) You may choose to include additional infomiation, where relevant, about: policies and procedures adopted for the induction and training of trustees., the charity's organisational structure and any wider network with which the tharity works: • relationship with any related parties,. trustees, consideration of major risks and the system and procedures to manage them. Section C Ob ectives and activities The chartvs prin￿par obJ"ective is to provide a pla￿ of worship for the local community and to advance the Islamic faith by offering prayer facilities and basic Islamic education. The charity also provides religious education for children. induding teaching them to read and memorise the Holy Quran. Summary of the objects of the charity set out In its governlng document TAR March 2012 Summary of the main activitias undertaken for the public benefit in relation to these objects (include within this section the statutory declaratlon that trustees have had regard to the guidance Issued by the Charity Commission on public benefrt Additional details of objectlves and activities (o￿lOnal Inforniatlon) You may choose to include further statements, where relevant, about= policy on grantmaking., policy programme related investment., contribution made by volunteers. TAR Marth 2012 Section D Achievements and performance The charity has perfomed well in line with rts objectives. Summary of the maln achievements of the charity during the year TAR March 2012 Section E Financial review Brief statement of tho charity's policy on reservog The charity policy is to utilise donation received in line with its objectives. Detsils of any funds materially in deficit None Further financlal review detalls (O￿lOn41 information) You may choose to indude additional infomiation, where relevant about: the chartty's principal sources of funds (including any fundraising)., how expenditure has supported the key objectives of the charity- investment policy and objectives including any ethical investment policy adopted. Section F Other optional information Section G Declaration The trustees declare that they have approved the truste05' report above. Slgned on behalf of the charlty's trustees Slgnature($) Full namels) Position leg Secretsry, Chair. etc) Mr Makmal Wasrf Syed Trustee Date 20107r2026 TAR March 2012 Charrty Number. 51879S THE PRESTON MUSUM SOCIEfY MASJID E QUBA RECEIPT AND PAYMENT ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 THE PRESTON AIUSLIM SOCIETY MASJID E QUBA For the year ended 31 December 2024 Contents Page ReF4Xt ofthe trustees 1to2 IndeFertdent Examinerfs RepJt to the trustees Receipt and Payment Accounts THE PRESTON MUSUM SOCIEfY MASJID E QUBA Report of tho Trustaes For the year ended 31 Decembor 2024 The Trustees have pleasure in presenting their report and the financial statements for the charty for the year ended 31 December 2024. REFERENCE AND ADMINISTRATNE INFORMATION Charlty reglstrallon number Principal addrgss 518795 184,188,190 & 192 Hall Lane & 17 Lex Street Preston Proston PR1 4DX PR14XL Tr￿te09 Mr lj* Ahmed Mr Makn)al Waslf Syed Amar B•g Indopend•nt examinern Zakirhusen Member MAAT Bluewater Accountants Ltd 210 New Hall Lane Preston PR14SS STATEMENT ON PUBLIC BENEFIT The Charty policy is to utilise donation recewj in line wilh its oty'ectives. OBJECTIVES AND ACTlVtnES ObJectlve8 The objectives of the charity are to provMJe prayer facilty and Islam￿ b•¢ knowwge to IcKal community and educate children to read and memories the Hoty Quran. Current Acllvllles Due to growing Ictal communty whth demands increase chihjren madrassa s￿. therefore. trust had taken the opportunty to buy locsl council own neighbour prowty Wh￿ was for sale in Auction. ACHIEVEMENT AND PERFORMANCE Achlevoment During this accounting period lyle 31.12.24). The tNstee considern that the chanty has performed well. We thank gnd praise Alah swt for this and ask him to a￿pt out humble efforts. Aarreen. FINANCIAL REVIEW For the year ended 31 De￿rnber 2024, the Charity received £46,572 in Llllah Ivolunlary) donabons from individuals to support its day-to-day chari12ble acbvrtEs. In addition, the Charity received £1.545 in Zaka( which is a restricted fund designated exclusNely for distribution to and needy indNiduals. The Charity also generated £4.620 in rentsl incon* from its investrnent property and £225 from Nikah services provided during the year. Totsl administratrve and operating expenditure for the year arnunted to £33A77. THE PRESTON MUSLIM SOCIETY PAASJID E QUBA Report of the T￿￿te¢S Continued For the year ended 31 December 2024 FINANCIAL REVIEW CONTINUE... During the year, the proposed aquisition of the nerghbouriTrg propety did not proceed. Consequently, the Charity repaid the £30,000 Qarz-&Hasna (interest-free loan) receNed in 2023. as the funds were no longer required for the Intel￿ed purpose. Re8orved Policy The trustees recognise the importance of maintaining adequate reserves to ensure the Charity can Continue its charitable activities and its financial oblwab'ons. The Charity aims to maintain sufficient unrestricted reserves to Cover its ongoing operating costs and to provtde financial stsbility in the event of unforeseen circumstances. The trustees revwi the reserves pjlicy annualty to ensure it remains appropriate in light of the Chartty's acttvities. financial posiknon, and ftjture plans. As at 31 December 2024, the Charlty held cash arKI bank bala￿ of£158.959. whith will be carried forward to the next accounting pefiod. Rl8k Managoment The trustees actively revtew the major risk whth the charity fa￿ on a regular basis and believes that maintaining reserves at adequate levels. combined with an annual review of the control over key financial systems, will provide sufficient resources in the event of adverse conditions. Statgmenl of Trusteos. Re8ponslblltti08 The trustees are ￿sponSible to charibes in England and Wales requires the trustees to prepare financial statements for each financial year which gwe a true and fair view of the slate of affairs of the charity and of the incoming resources and application of resour￿ts ofthe charty for that peried. In preparing this financial staternent. the trustees are required to.. Select suitable accounting poli￿ and then appty them LX)nsistenty, Observe the methc