MADRESSA ALARABIA ALISLAMIA Financial Statements For the year ended 31 December 2024 Charity no: SC030403 Madre55a Alarabla A1151amla Mosque Report of the Trustees for the year ended .11 Deeember 2024 Durino) the financial s'ear to 31 De¢emb¢r 20?4. the trustees were as follows:_ The trustees present their annual report and fmancial 51atcmcnts ofthe charity for the ended 31 D¢¢ember ?024 and confirni they comply with the charilics and Trust Invcstment (Scotland) Act 2005. the Charities Accounts (Scoiland) Regulaiions 2(K>6 (as amended) and Accounting and Reporting by Chariti¢s: Statement of Rccommended Prdctice applicablc to charitie5 preparing their accounts in accordance ￿"ith thc Financial Rcportin Standard applicable ia the UK and Republic of Ireland published on 16th July ?014. Objeetives Our obj￿tiveS are sel to reflect our faith and ￿mmunity aims. During the year trustees rcview their objectives and activities to en5UTe they continue to reflect their aims. In carrying out this review the ttustees have considcred the Charity Commission's general guidance on public benefit and in partiLwlar its supplementary public guidance on the adNanccmcnt of rcligion for thc public bcncfit. Trustees aims remain to provide a facility where Nquslims can worship and to provide a community facility for the local community. Long lenn ambilion is to build the self-confLdenee of loeal Muslims in thcir faith. and through our community faeilities help ak¢ uur a PfXLcful, vibrant and haTmonious corntnunity. Truftees want to make the Mosque an accessible and welcoming venue where all Muslim5, or those who wish to know more about Isla￿ sJthLY to8¢th￿ to Icarn about tlicir rcligion and wotship. The Musqu¥ ib Ivtiunale to havc faLilities foi w￿￿¢￿ WIM) want to pray. The Mo4ue is open ai all prayer lime& the Fridav prnj'C￿ ￿illg a Focus of their activities. An important part of Muslim faith is charitable giving. during month of Ratnadao ￿rore Eid prdyer, trnstees are pleased io receive Fitrana for the x)le purpose of relief off financial hardship of humanity all over th¢ world. Voluntccrs arc an important rGsourcc in i)oth Islamic faith and comniunity Thork. Voluntccrs are involved in most of the activiiies. All ￿$[e¢S oric5 of income: Volunlary incom¢ is received by way of donation at Friday prayers, and is included kn full in the Siatcrncnt of Financial Aciiviiies when receivable. Donated services and facilities are Includ￿ at the value to the charity where ihis can bc quantified. The value of services donated by volunieers ha5 not been included in ihese accounis. ex¢epl where the seryices provided are in the nature olprofessional services where a fee would oihcrwise be charged. in which case the donaied service is valued at their chargeable rate. Investment in¢om¢ is included when receivable. Incoming resOu￿¢S from Charitsble trdding activity is accounied for when eamed. (d) Resourees expended Liabilities are rccogmised as resources expended as soon as there is a legal or or construclive obligation committing the charity to the expenditure 15 accounted for on an accruals basi5 and has been cla55ificd under headings that aggregate all costs relat￿ io the category. (e) Irrecoverable VAT Irrecoverable VAT is charged against the category Orresou￿¢S expended for which il was incurred. (o Costs of generaling funds Costs of generdting funds are those cost incurrcd in altrdcting voluntary income. (g) Tangible fixed Assets Thc fr¢chold property is valued at hisioric cosl and is not depr￿lated, as the Mosque and related halls are ¢onsider¢d to have a useful life as a building of greater than 50 years and so any d¢pre¢tation charge is considered immaterial. Related party transaction5 and trustees, remuneration Trustees receive no emoluments The trustecs all give frcely their lime and expertise wiihoui any fortn of remunerntion or other benefit in cash or kind (2018 £nil). Incoming resources from voluntary income Unrestrieted Restricted Total Funds Total Funds funds Funds 2024 2023 Donations Car Park Donation from Bank HMRC- Gift aid Interest R￿ClY¢d Rental Income 160,901 370 161.271 103,494 24,968 4,223 76,546 209,231 8,835 73,813 243.549 8.835 73.813 243,919 370 Resourees expended Faith and worship: Unrestricted Restricted funds Funds Direct Costs Dirfft costs Totsl Funds Total Fund5 2024 2023 Mosque Fitrana Total charitable activities 2024 2023 Staff costs Wages and salaries (Inc Imams Wage) HMRC - Nic and tax 50.705 642 37,076 384 51,347 37,460 Fixed assets: tangible assets Freehold propem. Total 2024 As at l January 2024 Additions Disposal At 31 December 2024 737.721 127,120 737,721 127,120 864.841 864,841 Analysis of net assets between funds Ullrestrieted Restrieted funds funds Total 2024 Fixed assets Cu￿ent assets Cu￿ent liabilities Total net assets 864.841 582.241 864,841 582,241 1,447,082 1,447.082 Analysis of eurrent gssets 2024 2023 Prepayments and accrued incom¢ Cash at bank and in hand 582,241 582,241 578.894 578,894 Breakdown of expenses 2024 2023 Wages and salaries Employers Ni Rates . Water rates and charges Light and heat Alami and security Telephone, broadband and fax Printing, postage and stationery Insurdnce Cleaning Donation EquipmeTJt service Repair. renovation and refurbishment Legal and professional fee {inc architects Icc) Bank charges Accountancy Sundry in¢luding bank charges, software and cleaning 50,705 642 4,069 12,830 37.076 384 797 28,793 225 346 5,716 5.760 2.418 323 1,359 8,547 454 1.400 32,388 10.700 4,972 155 210 113.082 240 97,427 MadYdre55a Alarabla Allslamla Mosque Acconntants Report to the accounts For The l'ear Endcd 31 De¢ember 2024 Respective responsibility of trustces and examiner Tlie charity's trustees iestx)nsiblc for thc prtyparation of th¢ accounts Tn accordance with th¢ tem]s of the Charities and Trustee Investment {Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The Charity trustees consider that the audit requirement of Regulalion 10{ I ) (a) to (O of the Accounts RegulatRons does not apply. It Is my responsibility to ex&min¢ th¢ accounts as r¢quircd undcr scction 44(1) O of thc Act aTh4 to stat¢ whdhcr particular mailers have come to my aitcntion. Basis of independent examiner's statement My examination is ¢arri¢s out in accordance with Regulation I l of th¢ Chariiies Ac¢ounts (SLoil