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Report of the Executive Committee of
Fife Islamic Centre (Methil)
SC008588
31st May 2024
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Fife Islamic Centre (Methil) SC008588
Report of the ExeGUtlve Committee of Frfe Islamic Centre (Methil) for the year 31 st
May 2024
Executive Committ
The Trntstees (members of the Executive Committee) during the year were..
Chairman '.
Chaimian .
Treasurer '.
General Secretary '.
Independent Examiner '.
For and on behall ot
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Fife Islamic Centre (Methil) SC008588
Report of the Executive Committee of Fife Islamic Centre {Methil> for the year ended 31 st
May 2024.
Structure, Governance and Management
Governing Do¢ument
The organisation is a charity (Scottish Charity Number SC008588) and is govemed under
the rules set out in ts constituiion and managed by a volunteer Executive Committee.
Recrultment and Appointment of Executive Committee
The Executive Committee are also charity twstees for the purpose of charity law. The office
bearers of the Centre are the four Trustees of whom one acts as General Secretary and one
as Treasurer for the Centre. The four Trustees have the power to c￿opt two further Trustees
and the Trustees elected or COthOPted fonn the Executive Committee.
The Executive Committee meets no less than once a month and receives reports on the
general business of the Centre and its financial well-being.
Trustee Indu¢tlon and Tralnlng
New Executive Committee members are paired up with a longer serving member of the
committee who will act as their mentor. This provides the new members with direct access to
someone who can infomi, athise, and support them in their period of office.
Rl$k Management
Intemal corrtrol risks a￿ minimised by the implementation of proodures for the authorisation
of all transactions and projects.
Organisatlonal Structure
The Centre has an Executive Committee responsible for overall management of project.
funding, staff, and development. Day to day management of the Centre is controlled by the
Executive Committee and the IMAN. They are responsible for ensuring that the Centre
operates within the constituiion and for ensuring the Centre rneets all tts legislative
requirements.

Objectivès and Actlvltlos
The Centre's objeds and principal activities are:
The promotion and advan￿ment of the Muslim Faith in Frfe.
The acquisition of land or buildings for the purpose of erecting a Mosque or
converting an existing building to a Mosque.
The holding, maintenance and administration of any such Mosque.
To arrange religious education for Muslim children.
To observe and organise religious and Pakistani National days and other community
functions in particular to promote the goodwill for the Muslims.
To look after the general welfare, presepie and promote fratemty among Pakistanis
and other Muslims.
The main objectives and activities for the year continued to focus on .
With and for the local Muslim community to promote fratemty.
Achievèments and Perfomlance
The cent￿ 1$ funded by collections and donations amongst its members who expect
progress to be made in the achievement of its objectives through the corrtinuing of activities.
Flnanclal Revlew
The Centre continues to be su¢c8ssful in raising monies through membership fees, weekly
collections and donations lor both general and specific Centre activities. A total of £75,713
was raised in the year from collections, membership fees, donations and rental income. Due
to good financial management, diligen￿ and planning thé Centre operates effectively within
its financial Constraints.
Investment Policy
The Centre retains sums in reserve for the future building of a new Mosque. Most of the
remaining charty funds are spent in the short tem) for day to day adivities and we are
confident that any deficit would be rectified by subsequent collections and donations by tt
members.
Reserves Pollcy
Reserves are at a high level and equate to around 4 years of normal expenditure.
Plans for Future Periods
The charity plans to continue the activities outlined above in future years. The buihjing of
new Mosque remains Central to future plans.

Independent Examlner's Report to the Members of Flfo Islamic Centre (Methil
SC008588
We have examined the financial records of Fife Islamic Centre (Methil) for the year
beginning ISI June 2023 and ending 31 St May 2024 which comprise the Statement of
Financial Activtiies. the Balance Sheet. and related notes. These have prepared on a
Receipts and Payments Accounts basis.
This report is made exclusr¥ely to the Centre's members. as a body, in accordano with
regulation 9 {Statement of Account- Receipts and Payments Accounts) of the Charities
Accounts (Scotland) Regulations 2006. To the fullest extent permitted by law, we do not
accept or assum8 ￿PonSibl1￿ to anyone other than the charity and its members as a body
for our work solely as Independent Examiners, or of any opinion we fotm as suth.
Respectlve Responsibilitios of tho Executive Committee {as Trustees) and
Independent Examiner8
The charity's trustees are responsible for the preparation of the accounts in accordan￿ with
the tems of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities
Accounts (Scotland) Regulations 2006. The ¢harity trustees consider that the audit
requirement of Regulation 10{1) (d) of the A¢counts Regulations does not apply. It is my
responsibilty to examine the accounts as required under section 44{1) (G) of the Act and to
State whether particular matters have come to my attention.
Basis of Independent Examinovs Statement
My examination is carried out in accordan￿ with Regulation 11 of the Charities Accounts
(Scotland) Regulations 2006. An examination includes a review of the accounting records
kept by the charity and a comparison of the accounts presented with these records. It also
includes consideration of any unusual items or dis¢losures in the accounts and seeks
explanation from the trustees conceming any such matter. The procedures undertaken do
not provide all the evidence that would be required in an audit and, consequently, I do not
express an audit opinion on the accounts.

Indepéndent Examinètrs Stat•m•nt
In the coursÈ of my examinaknon of the financial statements to 318t May 2024 and the records
upon which they are based. no matter has come io my attention .'
1. VWii¢h gives me reasonable cause to believe that in any material respect th8
requirements:
to keep accounting records in accordance with section 44{1) (a) of the
2005 Act and Regulation 4 of the 2006 Accounts Regulations. and
to prepare accounts which accord with the accounting records and comply
with regulation 9 of the 2CrfJ6 Accounts Regulations
have not been met, or
2. to which , in my opinion. attention should be drawn in order to enable a proper
understanding cf the accwrts to be reached.
Signed.. Ilndependent Examiner
For arKI on Behalf of .'
Date

Report of the Executive Committoe lor the year onded 31 May 2024
The Executive Committee have pleasure in presentin9 their report for the year ended 31
May 2024. This iepoil is prepared in accordan￿ wtth the Trust Deed and the
recfjnmendath'ons of the Statement of Recommended practi￿ - Accounting and Repo￿.ng
by Charities and complies with applicable law.
Statsment of Execulive Committee Responslbilities
Legislation applicab19 to charities in Scotland requiras th8 Executive Commtttee to prepare
financial s&￿eMentS for each finan￿al year which give a true and fair view of the charity's
financial activities during the year and of its financia postion at the end of the year. In
prepanng financial statements giving a true and fair view. the ExecutNe Commrtiee should
follow best practi￿ and '.
Select suitable accounting policies and apply them consistenly
Make judgements and estimates that are reasonable and Fwdent
stste whether aryiicable accounting stsndards and statement of recommended
practice have been followed. subject to any departures disck)sed and explained in
the financial statements
Pr6pare the financial statements on the going concem basis unless it is inappropriate
to presuffle that the charty wll Continue In operalion.
Th8 Executlve Committee are responsible for keeping accountiro re￿rdS which disdc6e
wilh reasonable accuracy the financial posttion of the charity and which enable them to
as￿rtain the finanaal position of the chanfy and which enable them to ensure that the
financial statements comply wth appropriate legislation. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the
PreVen￿On and detection of fraud and other i￿egularitIes.
Signed on behalf of the Executive Cffiimittee and dated 14th Novemter 2024 .
Charman
Treasur8r .

Flfe Islami¢ Centre Imethll) SC008588
for the year ended 31st May 2024
l. Ac¢ountlng Policles
These accounts have been produced on a Receipts and Payments basi5 in accordance with
the Charities Accounts15cotlandl Regulatlons.
The accounts have been prepared on a going concem basis whlch assumes that the chairty will
contlnue to operate. The validity of this assumption is dependant upon its continuing
funding. If the charity was unable to continue to operate. asset values may be adjusted to their
recoverable amount.
Depreciation is provied on the Fixture5 and Fittings at 25% per annum on a reducing balance basis.
No depreciation is provided on the freehold property as the Executive Committee considers
it to be an appreciating asset.
2. Incomlng Resources
(a) Voluntary Income
Unrestrirted
Restricted
2024
2023
Friday Collertions
Membership Fees
Children's Fees
Other Collections
Mosque Box
13.575
22,465
13.575
22,465
13,590
11.915
60
730
36,040
36,040
26,295
(b) IrNestrnent Income
2024
2023
Rentsl Income
11,61N)
9.290
(c) Exceptlonal Incorne
2024
2023
Grant funding
15.000
Idl Donations
2024
2023
Donatlons
Special Donations
Donations received to Alc 2
13,094
14.311
4,011
18,322
13,094
12

Flfe Islam1¢ Centre (Methlll SC008588
for the year ended 31rt May 2024
3. Resources Expended
la) Charltable Activltles
An analysis of the charitable octivities and their expendlture Is as follows .
Activlties
undertaken
directly
Support
Costs
13c)
2024
Total
2023
Totsl
Religious Educatlon
15.600
36,892
52,492
30,122
(b) Governance Costs
The governance costs represents the Independent Examiner's Report
and professional fees for Payroll and Accounting
in respect of producing Recelpts and Payments accounts totalling £660
Support Costs
Religious
Education
2024
Religious
Education
2023
Unrestricted
2024
Restricted
2024
Heat & Light
Insurance
Donations Made
Telephone
Bank & Legal Charges
Premises Expenses
Repairs and Renewals
Advertislng
Funeral Costs
10.287
1,268
3,200
361
620
1,896
15,808
10,287
1,268
3.200
361
620
1,896
15.808
6,288
1,640
307
-193
48
6,432
14,522
3,452
36.892
3,452
36.892
Staff and Employees
The average number of full-time equivalent employees during the year was l and their total
remuneration amounted to £18720 incl expenses. No stsff received salaries in exce55 of £60,￿0
per annum.

Flfe lslamle Centre Imethll) SC008588
for the year ended 31st May 2024
4. Trustee Remuneratlon and Related Party Transacti(
No members of the Executive Commtttee received any ￿M￿neratIOn during the year.
No trustees or other persons related to the charity had any personal interest In anv
contrart or transaction entered into by the tharity duri￿ the year.12023- Nil)
5. Anatysls of Net Assets between funds
Net
Current
Fixed
A55ets
Combined
Unrestricted Funds
Restricted Fund
Restricted Fund 2
64.140
135.160
199.3(K)
64.140
135.160
199.3CK)