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2021-12-31-accounts

Trustees' Annual Report for the period

Period start date Period end date 01 January 2021 31 December 2021 From To

Charity name Raza Jamia Mosque & Islamic Centre

Registered charity number (if any) 702991

Charity's principal address 13 Grimshaw Street

Accrington Lancashire Postcode BB5 0AZ

Names of the charity trustees who manage the charity

----- Start of picture text -----
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Ashfaq Hussain Chairman
2 Abdul Qayum Vice Chair
3 Waheed Ahmed Secretary
Mohammed Treasury
4
Akram
Mohammed Joint Treasury
5
Yaqub
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
----- End of picture text -----

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Constitution Type of governing document (eg. trust deed, constitution)

How the charity is constituted

The trustees are elected by a committee at a special meeting Trustee selection methods A special meeting may be called to take place immediately after (eg. appointed by, elected by) or before a general meeting.

In selecting persons to be appointed as trustees, the trustees shall take into account the benefits of appointing a person who is able by virtue of his personal or professional qualifications to make a contribution to the objects or the managements of the Charity.

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

The additional governance within the charity are

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The advancement of the Islamic religion in accordance with the Sunni-Hanfi- Brailivi Sufi school of thought. The advancement of the education of Muslim children and adults.

To promote throughout the community in the beneficial area, knowledge and understanding of the beliefs and institutions of Islam.

The charity carries out a wide range of activities in pursuance of its charitable aims. The trustees consider that these activities, summarised below, provide benefits to those who worship at the mosque and the wider community of Accrington.

congregational prayers juma prayer and other Prayers like funeral and Eid prayers including Nikah and Funeral facilities, To hold monthly Islamic events Ghiarween and annual Milad events

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Main Objective of Charity is to spread the knowledge of Deen Islam and to provide sufficient education to Muslim and wider community and promote harmony peace and cohesion among communities. Due to the Covid-19 pandemic, the Charity has faced many challenges as the Mosque was forced to reduce the services provided to the local community. Many events had to be postponed to when restrictions on the Covid-19 pandemic had lifted.

Due to the lockdown many provisions had to be made to allow the safe opening of the building. Social distancing measures were placed, the installation of hand sanitisers, closing certain parts of the building, reducing capacity and limiting events at the Mosque, which included having no classes.

Whist Closed the charity received the Job Retention Scheme grant for employees’ wages

Additional details of objectives and activities (Optional information)

The contributions made by the volunteers are the following:

You may choose to include further statements, where relevant, about:

Section D Achievements and performance

Summary of the main achievements of the charity during the year

Raza Jamia Mosque and Islamic Centre have throughout the year helped the advancement in Islamic knowledge for youths and adults in the local area and helped anybody wishing to learn about Islam.

We have also provided resources to the community through books, computers and general one to one advice. Throughout the year we have also raised funds for various charitable needs throughout the Muslim world.

During the year the trustees and mosque committee have had a number of meetings to ensure that adequate financial controls are being followed by all members involved on a daily basis, with adequate procedures and rules.

Section E Financial review

Brief statement of the charity’s policy on reserves

The free reserves are held to secure the long-term financial security of the charity.

The trustees consider that this level of reserves is required to enable the charity to fulfil its obligations and commitments.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

The principal for Raza Jamia Masjid & Islamic Centre is the following:

Section F Other optional information

The Charity is now evolved and more focusing in the education side.

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date

Charity registration number: 702991

Raza Jamia Mosque & Islamic Centre

Annual Report and Financial Statements for the Year Ended 31 December 2021

AYA Accountants 82 Blackburn Road Accrington Lancashire BB5 1LL

Raza Jamia Mosque & Islamic Centre

Contents

Contents
Reference and Administrative Details 1
Statement of Trustees' Responsibilities 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 13

Raza Jamia Mosque & Islamic Centre

Reference and Administrative Details

Chairman

Mr Ashfaq Hussain Trustees

Mr Waheed Ahmed Mr Mohammed Akram Mr Mohammed Yaqub Mr Ashfaq Hussain Mr Abdul Qayoom Secretary

Mr Waheed Ahmed

Charity Registration Number

702991

Principal Office

13 Grimshaw Street Accrington Lancashire BB5 0AZ

Independent Examiner

Butterworth Barlow Chartered Accountants Butterworth Barlow House 10 Derby Street Prescot Merseyside L34 3LG

Accountants

AYA Accountants 82 Blackburn Road Accrington Lancashire BB5 1LL

Bankers

Lloyds Bank Church Street Blackburn Lancashire BB2 1JQ Barclays Bank Leicester LE87 2BB

Page 1

Raza Jamia Mosque & Islamic Centre

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees of the charity on 10 May 2022 and signed on its behalf by:

Mr Waheed Ahmed Trustee

Page 2

Raza Jamia Mosque & Islamic Centre

Independent Examiner's Report to the trustees of Raza Jamia Mosque & Islamic Centre

I report to the trustees on my examination of the accounts of Raza Jamia Mosque & Islamic Centre for the year ended 31 December 2021.

Responsibilities and basis of report

As the charity trustees of Raza Jamia Mosque & Islamic Centre you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Raza Jamia Mosque & Islamic Centre'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 examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of Raza Jamia Mosque & Islamic Centre as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting 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.

...................................... Gavin Butterworth

Butterworth Barlow House 10 Derby Street Prescot Merseyside L34 3LG

10 May 2022

Page 3

Raza Jamia Mosque & Islamic Centre

Statement of Financial Activities for the Year Ended 31 December 2021

Unrestricted
Total
funds
Restricted funds
2021
Note £
£
£
Income and Endowments from:
Donations and legacies 46,987
5,261
52,248
Charitable activities 24,317
-
24,317
Other income 16,906
-
16,906
Total income
88,210
5,261
93,471
Expenditure on:
Charitable activities (82,399)
(1,189)
(83,588)
Total expenditure
(82,399)
(1,189)
(83,588)
Net income
5,811
4,072
9,883
Net movement in funds
5,811
4,072
9,883
Reconciliation of funds
Total funds brought forward
454,055
6,161
460,216
Total funds carried forward
11
459,866
10,233
470,099
Unrestricted
Total
funds
Restricted funds
2020
Note £
£
£
Income and Endowments from:
Donations and legacies 18,573
650
19,223
Charitable activities 25,417
-
25,417
Other income 32,981
-
32,981
Total income
76,971
650
77,621
Expenditure on:
Charitable activities (63,759)
(795)
(64,554)
Total expenditure
(63,759)
(795)
(64,554)
Net income/(expenditure)
13,212
(145)
13,067
Net movement in funds
13,212
(145)
13,067
Reconciliation of funds
Total funds brought forward
440,843
6,306
447,149
Total funds carried forward
11
454,055
6,161
460,216

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 11.

The notes on pages 6 to 13 form an integral part of these financial statements. Page 4

Raza Jamia Mosque & Islamic Centre

(Registration number: 702991) Balance Sheet as at 31 December 2021

2021
2020
Note £
£
Fixed assets
Tangible assets
7
427,509
426,882
Current assets
Stocks
8
295
435
Cash at bank and in hand
9
45,889
37,164
46,184
37,599
Creditors: Amounts falling due within oneyear
10
(3,594)
(4,265)
Net currentassets
42,590
33,334
Netassets
470,099
460,216
Funds of the charity:
Restricted income funds
Restricted funds 10,233
6,161
Unrestricted income funds
Unrestricted funds 459,866
454,055
Total funds
11
470,099
460,216

The financial statements on pages 4 to 13 were approved by the trustees, and authorised for issue on 10 May 2022 and signed on their behalf by:

Mr Waheed Ahmed Trustee

The notes on pages 6 to 13 form an integral part of these financial statements. Page 5

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Raza Jamia Mosque & Islamic Centre meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.

Page 6

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off
residual value, over their expected useful economic life as follows:
the cost or valuation, less any estimated
Asset class Depreciation method and rate
Fixture and Fittings 20% reducing balance
Office Equipment 20% reducing balance

Stock

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 7

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

Pensions and other post retirement obligations

The charity operates a defined benefit pension scheme.Typically defined benefit plans define an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation.

The liability recognised in the Balance Sheet in respect of defined benefit pension plans is the present value of the defined benefit obligation at the reporting date minus the fair value of plan assets. The defined benefit obligation is measured using the projected unit credit method. The present value of the defined benefit obligation is determined by discounting the estimated future payments by reference to market yields at the reporting date on high-quality corporate bonds that are denominated in the currency in which the benefits will be paid, and that have terms to maturity approximating to the terms of the related pension liability.

Actuarial gains and losses are charged or credited to other comprehensive income in the period in which they arise.

2 Income from donations and legacies

2
Income from donations and legacies
Unrestricted
funds Restricted Total
General funds funds
£ £ £
Donations and legacies;
Legacies 17,280 - 17,280
Regulargivingand capital donations 29,707 5,261 34,968
Total for 2021 46,987 5,261 52,248
Total for 2020 18,573 650 19,223

3 Other income

Total funds £

4 Expenditure on charitable activities

4
Expenditure on charitable activities
Unrestricted
funds
Restricted
Total
General
funds
funds
Note £
£
£
Governance costs 82,399
1,189
83,588
Total for 2020
63,759
795
64,554

Page 8

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

Total
expenditure

£
5
Staff costs
The aggregate payroll costs were as follows:
2021
2020
£
£
Staff costs during the year were:
Wages and salaries 49,328
43,763
Pension costs 976
1,021
50,304
44,784

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

charity during the year expressed as full time equivalents was as follows:
2021
2020
No
No
Average number of employees 9
10

No employee received emoluments of more than £60,000 during the year

6 Taxation

The charity is a registered charity and is therefore exempt from taxation.

Page 9

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

7 Tangible fixed assets

7
Tangible fixed assets
7
Tangible fixed assets
Land and
buildings
Furniture and
equipment
Total

£

£
£
Cost
At 1 January 2021
422,000
29,820
451,820
Additions
-
2,004
2,004
At 31 December 2021
422,000
31,824
453,824
Depreciation
At 1 January 2021
-
24,938
24,938
Charge for theyear
-
1,377
1,377
At 31 December 2021
-
26,315
26,315
Net book value
At 31 December 2021
422,000
5,509
427,509
At 31 December 2020
422,000
4,882
426,882
8
Stock
2021
2020
£
£
Stocks 295
435
9
Cash and cash equivalents
2021
2020
£
£
Cash on hand 522
-
Cash at bank 45,367
37,164
45,889
37,164
10
Creditors: amounts falling due within one year
2021
2020
£
£
Other taxation and social security 1,046
2,135
Accruals 2,548
2,130
3,594
4,265

Page 10

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

11
Funds
11
Funds
Balance at 1
January 2021
Incoming
resources
Resources
expended
Balance at 31
December 2021

£
£

£
£
Unrestricted funds
General
454,055
88,210
(82,399)
459,866
Restricted funds
6,161
5,261
(1,189)
10,233
Total funds
460,216
93,471
(83,588)
470,099
Balance at 1
January 2020
Incoming
resources
Resources
expended
Balance at 31
December 2020

£
£

£
£
Unrestricted funds
General
440,843
76,971
(63,759)
454,055
Restricted funds
6,306
650
(795)
6,161
Total funds
447,149
77,621
(64,554)
460,216
12
Analysis of net assets between funds
Unrestricted
Total funds at 31
funds
Restricted
December
General
funds
2021
£
£
£
Tangible fixed assets 425,505
-
425,505
Current assets 40,023
6,161
46,184
Current liabilities (3,594)
-
(3,594)
Total net assets
461,934
6,161
468,095
Unrestricted
Total funds at 31
funds
Restricted
December
General
funds
2020
£
£
£
Tangible fixed assets 426,882
-
426,882
Current assets 31,438
6,161
37,599
Current liabilities (4,265)
-
(4,265)
Total net assets
454,055
6,161
460,216

Page 11

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

13 Analysis of net funds

13
Analysis of net funds
At 1 January At 31 December
2021 2021
£ £
Cash at bank and in hand 37,164 37,164
Net debt 37,164 37,164
At 1 January At 31 December
2020 2020
£ £
Cash at bank and in hand 22,750 22,750
Net debt 22,750 22,750

14 Analysis of governance and support costs

Governance costs

Governance costs
Unrestricted
funds Restricted Total
General funds funds
£ £ £
Staff costs
Wages and salaries 49,328 - 49,328
Pension costs 976 - 976
Independent examiner fees
Examination of the financial statements 2,130 - 2,130
Othergovernance costs 29,965 1,189 31,154
Total for 2021 82,399 1,189 83,588
Total for 2020 63,759 795 64,554
15
Independent examiner's remuneration
2021 2020
£ £
Examination of the financial statements 2,130 2,050
16
Income from charitable activities

Page 12

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

Unrestricted
funds Total
General funds
£ £
Islamic Books Income 147 147
Radio Income 320 320
Nikkah/Wedding Income 360 360
Student Fees 23,490 23,490
Total for 2021 24,317 24,317
Total for 2020 25,417 25,417

17 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

Page 13

Raza Jamia Mosque & Islamic Centre

Statement of Financial Activities by fund for the Year Ended 31 December 2021

Total
Total
Unrestricted
Unrestricted
Funds
Funds
2021
2020
£
£
Income and Endowments from:
Donations and legacies 46,987
18,573
Charitable activities 24,317
25,417
Other income 16,906
32,981
Total income
88,210
76,971
Expenditure on:
Charitable activities (82,399)
(63,759)
Total expenditure
(82,399)
(63,759)
Net income
5,811
13,212
Net movement in funds
5,811
13,212
Reconciliation of funds
Total funds brought forward
454,055
440,843
Total funds carried forward
459,866
454,055

This page does not form part of the statutory financial statements. Page 14

Raza Jamia Mosque & Islamic Centre

Statement of Financial Activities by fund for the Year Ended 31 December 2021

Total
Total
Restricted
Restricted
Funds
Funds
2021
2020
£
£
Income and Endowments from:
Donations and legacies 5,261
650
Total income
5,261
650
Expenditure on:
Charitable activities (1,189)
(795)
Total expenditure
(1,189)
(795)
Net income/(expenditure)
4,072
(145)
Net movement in funds
4,072
(145)
Reconciliation of funds
Total funds brought forward
6,161
6,306
Total funds carried forward
10,233
6,161

This page does not form part of the statutory financial statements. Page 15

Raza Jamia Mosque & Islamic Centre

Detailed Statement of Financial Activities for the Year Ended 31 December 2021

Total
Total
2021
2020
£
£
Income and Endowments from:
Donations and legacies (analysed below) 52,248
19,223
Charitable activities (analysed below) 24,317
25,417
Other income(analysed below) 16,906
32,981
Total income
93,471
77,621
Expenditure on:
Charitable activities(analysed below) (83,588)
(64,554)
Total expenditure
(83,588)
(64,554)
Net income
9,883
13,067
Net movement in funds
9,883
13,067
Reconciliation of funds
Total funds brought forward
460,216
447,149
Total funds carried forward
470,099
460,216

This page does not form part of the statutory financial statements. Page 16

Raza Jamia Mosque & Islamic Centre

Detailed Statement of Financial Activities for the Year Ended 31 December 2021

Total Total
2021 2020
£ £
Donations and legacies
General Donations 5,261 -
General Donations 7,620 2,751
Funeral Donations 17,607 3,791
Zakat - 650
Jummah Collection 17,280 8,662
Annual Membership 3,830 3,369
Portland St CommunityCentre Income 650 -
52,248 19,223
Charitable activities
Islamic Books Income 147 647
Radio Income 320 100
Nikkah/Wedding Income 360 -
Student Fees 23,490 24,670
24,317 25,417
Other income
UK Government grants 16,906 27,981
Grants - other agencies - 5,000
16,906 32,981
Charitable activities
Wages and salaries (49,328) (43,763)
Staff pensions (976) (1,021)
Rent and rates (2,194) (2,960)
Events (357) -
Light, heat and power (6,034) (4,572)
Insurance (3,065) (3,059)
Ghosia Committee Expenses (629) (795)
Repairs and maintenance (719) (464)
Telephone and fax (285) (256)
Printing, postage and stationery - (295)
Islamic Books and Radio (875) (3,824)
Sundry expenses - (184)
Accountancy fees (2,000) (1,550)
The audit of the charity's annual accounts (130) (500)
Legal and professional fees - (75)
Depreciation of fixtures and fittings (1,026) (782)
Depreciation of office equipment (351) (439)

This page does not form part of the statutory financial statements. Page 17

Raza Jamia Mosque & Islamic Centre

Detailed Statement of Financial Activities for the Year Ended 31 December 2021

Total
Total
2021
2020
£
£
Charitable donations (560)
-
Charitable donations (15,059)
(15)
(83,588)
(64,554)

This page does not form part of the statutory financial statements. Page 18

Charity registration number: 702991

Raza Jamia Mosque & Islamic Centre

Annual Report and Financial Statements for the Year Ended 31 December 2021

AYA Accountants 82 Blackburn Road Accrington Lancashire BB5 1LL

Raza Jamia Mosque & Islamic Centre

Contents

Reference and Administrative Details 1
Statement of Trustees' Responsibilities 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 13

Raza Jamia Mosque & Islamic Centre

Reference and Administrative Details

Chairman

Mr Ashfaq Hussain Trustees

Mr Waheed Ahmed Mr Mohammed Akram Mr Mohammed Yaqub Mr Ashfaq Hussain Mr Abdul Qayoom Secretary

Mr Waheed Ahmed

Charity Registration Number

702991

Principal Office

13 Grimshaw Street Accrington Lancashire BB5 0AZ

Independent Examiner

Butterworth Barlow Chartered Accountants Butterworth Barlow House 10 Derby Street Prescot Merseyside L34 3LG

Accountants

AYA Accountants 82 Blackburn Road Accrington Lancashire BB5 1LL

Bankers

Lloyds Bank Church Street Blackburn Lancashire BB2 1JQ Barclays Bank Leicester LE87 2BB

Page 1

Raza Jamia Mosque & Islamic Centre

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees of the charity on 10 May 2022 and signed on its behalf by:

Mr Waheed Ahmed Trustee

Page 2

Raza Jamia Mosque & Islamic Centre

Independent Examiner's Report to the trustees of Raza Jamia Mosque & Islamic Centre

I report to the trustees on my examination of the accounts of Raza Jamia Mosque & Islamic Centre for the year ended 31 December 2021.

Responsibilities and basis of report

As the charity trustees of Raza Jamia Mosque & Islamic Centre you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ( the Act ).

I report in respect of my examination of the Raza Jamia Mosque & Islamic Centre'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 examiner s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of Raza Jamia Mosque & Islamic Centre as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting 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.

...................................... Gavin Butterworth

Butterworth Barlow House 10 Derby Street Prescot Merseyside L34 3LG

10 May 2022

Page 3

Raza Jamia Mosque & Islamic Centre

Statement of Financial Activities for the Year Ended 31 December 2021

Note Unrestricted
funds
Restricted funds
Total
2021
£
£
£
Income and Endowments from:
Donations and legacies 46,987
5,261
52,248
Charitable activities 24,317
-
24,317
Other income 16,906
-
16,906
Total income 88,210
5,261
93,471
Expenditure on:

Charitable activities
(82,399)
(1,189)
(83,588)
Total expenditure (82,399)
(1,189)
(83,588)
Net income 5,811
4,072
9,883
Net movement in funds 5,811
4,072
9,883
Reconciliation of funds
Total funds brought forward 454,055
6,161
460,216
Total funds carried forward
11
459,866
10,233
470,099
Note Unrestricted
funds
Restricted funds
Total
2020
£
£
£
Income and Endowments from:
Donations and legacies 18,573
650
19,223
Charitable activities 25,417
-
25,417
Other income 32,981
-
32,981
Total income 76,971
650
77,621
Expenditure on:
Charitable activities (63,759)
(795)
(64,554)
Total expenditure (63,759)
(795)
(64,554)
Net income/(expenditure) 13,212
(145)
13,067
Net movement in funds 13,212
(145)
13,067
Reconciliation of funds
Total funds brought forward 440,843
6,306
447,149
Total funds carried forward
11
454,055
6,161
460,216

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 11.

The notes on pages 6 to 13 form an integral part of these financial statements. Page 4

Raza Jamia Mosque & Islamic Centre

(Registration number: 702991) Balance Sheet as at 31 December 2021

Note 2021
2020
£
£
Fixed assets
Tangible assets
7
427,509
426,882
Current assets
Stocks
8
295
435
Cash at bank and in hand
9
45,889
37,164
46,184
37,599
Creditors: Amounts falling due within oneyear
10
(3,594)
(4,265)
Net currentassets 42,590
33,334
Netassets 470,099
460,216
Funds of the charity:
Restricted income funds
Restricted funds 10,233
6,161
Unrestricted income funds
Unrestricted funds 459,866
454,055
Total funds
11
470,099
460,216

The financial statements on pages 4 to 13 were approved by the trustees, and authorised for issue on 10 May 2022 and signed on their behalf by:

Mr Waheed Ahmed Trustee

The notes on pages 6 to 13 form an integral part of these financial statements. Page 5

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Raza Jamia Mosque & Islamic Centre meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset s use. Other support costs are allocated based on the spread of staff costs.

Governance costs

These include the costs attributable to the charity s compliance with constitutional and statutory requirements, including audit, strategic management and trustees s meetings and reimbursed expenses.

Page 6

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off
residual value, over their expected useful economic life as follows:
the cost or valuation, less any estimated
Asset class Depreciation method and rate
Fixture and Fittings 20% reducing balance
Office Equipment 20% reducing balance

Stock

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 7

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

Pensions and other post retirement obligations

The charity operates a defined benefit pension scheme.Typically defined benefit plans define an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation.

The liability recognised in the Balance Sheet in respect of defined benefit pension plans is the present value of the defined benefit obligation at the reporting date minus the fair value of plan assets. The defined benefit obligation is measured using the projected unit credit method. The present value of the defined benefit obligation is determined by discounting the estimated future payments by reference to market yields at the reporting date on high-quality corporate bonds that are denominated in the currency in which the benefits will be paid, and that have terms to maturity approximating to the terms of the related pension liability.

Actuarial gains and losses are charged or credited to other comprehensive income in the period in which they arise.

2 Income from donations and legacies

2
Income from donations and legacies
Unrestricted
funds Restricted Total
General funds funds
£ £ £
Donations and legacies;
Legacies 17,280 - 17,280
Regulargivingand capital donations 29,707 5,261 34,968
Total for 2021 46,987 5,261 52,248
Total for 2020 18,573 650 19,223

3 Other income

3
Other income
Total
funds
£
4
Expenditure on charitable activities
Unrestricted
funds
Restricted
Total
Note General
funds
funds
£
£
£
Governance costs 82,399
1,189
83,588
Total for 2020 63,759
795
64,554

Page 8

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

Total
expenditure
£
5
Staff costs
The aggregate payroll costs were as follows:
2021
2020
£
£
Staff costs during the year were:
Wages and salaries 49,328
43,763
Pension costs 976
1,021
50,304
44,784

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

charity during the year expressed as full time equivalents was as follows:
2021
2020
No
No
Average number of employees 9
10

No employee received emoluments of more than £60,000 during the year

6 Taxation

The charity is a registered charity and is therefore exempt from taxation.

Page 9

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

7
Tangible fixed assets
7
Tangible fixed assets
Land and
buildings
£
Furniture and
equipment
£
Total
£
Cost
At 1 January 2021
422,000
29,820
451,820
Additions
-
2,004
2,004
At 31 December 2021
422,000
31,824
453,824
Depreciation
At 1 January 2021
-
24,938
24,938
Charge for theyear
-
1,377
1,377
At 31 December 2021
-
26,315
26,315
Net book value
At 31 December 2021
422,000
5,509
427,509
At 31 December 2020
422,000
4,882
426,882
8
Stock
2021
2020
£
£
Stocks 295
435
9
Cash and cash equivalents
2021
2020
£
£
Cash on hand 522
-
Cash at bank 45,367
37,164
45,889
37,164
10
Creditors: amounts falling due within one year
2021
2020
£
£
Other taxation and social security 1,046
2,135
Accruals 2,548
2,130
3,594
4,265

Page 10

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

11
Funds
11
Funds
Balance at 1
January 2021
£
Incoming
resources
£
Resources
expended
£
Balance at 31
December 2021
£
Unrestricted funds
General
454,055
88,210
(82,399)
459,866
Restricted funds
6,161
5,261
(1,189)
10,233
Total funds
460,216
93,471
(83,588)
470,099
Balance at 1
January 2020
£
Incoming
resources
£
Resources
expended
£
Balance at 31
December 2020
£
Unrestricted funds
General
440,843
76,971
(63,759)
454,055
Restricted funds
6,306
650
(795)
6,161
Total funds
447,149
77,621
(64,554)
460,216
12
Analysis of net assets between funds
Unrestricted
funds
Restricted
Total funds at 31
December
General
funds
2021
£
£
£
Tangible fixed assets 425,505
-
425,505
Current assets 40,023
6,161
46,184
Current liabilities (3,594)
-
(3,594)
Total net assets 461,934
6,161
468,095
Unrestricted
funds
Restricted
Total funds at 31
December
General
funds
2020
£
£
£
Tangible fixed assets 426,882
-
426,882
Current assets 31,438
6,161
37,599
Current liabilities (4,265)
-
(4,265)
Total net assets 454,055
6,161
460,216

Page 11

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

13 Analysis of net funds

13
Analysis of net funds
At 1 January At 31 December
2021 2021
£ £
Cash at bank and in hand 37,164 37,164
Net debt 37,164 37,164
At 1 January At 31 December
2020 2020
£ £
Cash at bank and in hand 22,750 22,750
Net debt 22,750 22,750

14 Analysis of governance and support costs

Governance costs

Governance costs
Unrestricted
funds Restricted Total
General funds funds
£ £ £
Staff costs
Wages and salaries 49,328 - 49,328
Pension costs 976 - 976
Independent examiner fees
Examination of the financial statements 2,130 - 2,130
Othergovernance costs 29,965 1,189 31,154
Total for 2021 82,399 1,189 83,588
Total for 2020 63,759 795 64,554
15
Independent examiner's remuneration
2021 2020
£ £
Examination of the financial statements 2,130 2,050

16 Income from charitable activities

Page 12

Raza Jamia Mosque & Islamic Centre

Notes to the Financial Statements for the Year Ended 31 December 2021

Unrestricted
funds Total
General funds
£ £
Islamic Books Income 147 147
Radio Income 320 320
Nikkah/Wedding Income 360 360
Student Fees 23,490 23,490
Total for 2021 24,317 24,317
Total for 2020 25,417 25,417

17 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

Page 13

Raza Jamia Mosque & Islamic Centre

Statement of Financial Activities by fund for the Year Ended 31 December 2021

Total
Total
Unrestricted
Unrestricted
Funds
Funds
2021
2020
£
£
Income and Endowments from:
Donations and legacies 46,987
18,573
Charitable activities 24,317
25,417
Other income 16,906
32,981
Total income 88,210
76,971
Expenditure on:

Charitable activities
(82,399)
(63,759)
Total expenditure (82,399)
(63,759)
Net income 5,811
13,212
Net movement in funds 5,811
13,212
Reconciliation of funds
Total funds brought forward 454,055
440,843
Total funds carried forward 459,866
454,055

This page does not form part of the statutory financial statements. Page 14

Raza Jamia Mosque & Islamic Centre

Statement of Financial Activities by fund for the Year Ended 31 December 2021

Total
Total
Restricted
Restricted
Funds
Funds
2021
2020
£
£
Income and Endowments from:
Donations and legacies 5,261
650
Total income 5,261
650
Expenditure on:

Charitable activities
(1,189)
(795)
Total expenditure (1,189)
(795)
Net income/(expenditure) 4,072
(145)
Net movement in funds 4,072
(145)
Reconciliation of funds
Total funds brought forward 6,161
6,306
Total funds carried forward 10,233
6,161

This page does not form part of the statutory financial statements. Page 15

Raza Jamia Mosque & Islamic Centre

Detailed Statement of Financial Activities for the Year Ended 31 December 2021

Total
Total
2021
2020
£
£
Income and Endowments from:
Donations and legacies (analysed below) 52,248
19,223
Charitable activities (analysed below) 24,317
25,417
Other income(analysed below) 16,906
32,981
Total income 93,471
77,621
Expenditure on:

Charitable activities(analysed below)
(83,588)
(64,554)
Total expenditure (83,588)
(64,554)
Net income 9,883
13,067
Net movement in funds 9,883
13,067
Reconciliation of funds
Total funds brought forward 460,216
447,149
Total funds carried forward 470,099
460,216

This page does not form part of the statutory financial statements. Page 16

Raza Jamia Mosque & Islamic Centre

Detailed Statement of Financial Activities for the Year Ended 31 December 2021

Total Total
2021 2020
£ £
Donations and legacies
General Donations 5,261 -
General Donations 7,620 2,751
Funeral Donations 17,607 3,791
Zakat - 650
Jummah Collection 17,280 8,662
Annual Membership 3,830 3,369
Portland St CommunityCentre Income 650 -
52,248 19,223
Charitable activities
Islamic Books Income 147 647
Radio Income 320 100
Nikkah/Wedding Income 360 -
Student Fees 23,490 24,670
24,317 25,417
Other income
UK Government grants 16,906 27,981
Grants - other agencies - 5,000
16,906 32,981
Charitable activities
Wages and salaries (49,328) (43,763)
Staff pensions (976) (1,021)
Rent and rates (2,194) (2,960)
Events (357) -
Light, heat and power (6,034) (4,572)
Insurance (3,065) (3,059)
Ghosia Committee Expenses (629) (795)
Repairs and maintenance (719) (464)
Telephone and fax (285) (256)
Printing, postage and stationery - (295)
Islamic Books and Radio (875) (3,824)
Sundry expenses - (184)
Accountancy fees (2,000) (1,550)
The audit of the charity's annual accounts (130) (500)
Legal and professional fees - (75)
Depreciation of fixtures and fittings (1,026) (782)
Depreciation of office equipment (351) (439)

This page does not form part of the statutory financial statements. Page 17

Raza Jamia Mosque & Islamic Centre

Detailed Statement of Financial Activities for the Year Ended 31 December 2021

Total
Total
2021
2020
£
£
Charitable donations (560)
-
Charitable donations (15,059)
(15)
(83,588)
(64,554)

This page does not form part of the statutory financial statements. Page 18