REGISTERED CHARITY NUMBER: SC037043
Reports of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 Bearsden Muslim Association
AMS ACCOUNTING SERVICES LIMITED 13 Corrie Crescent Maidenhill, Newton Mearns Glasgow G77 5XP
Contents of the Financial Statements for the Year Ended 31 March 2025
Bearsden Muslim Association
| Page | |
|---|---|
| Report of the Trustees | 3 - 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 - 9 |
| Detailed Statement of Financial Activities | 10 |
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Bearsden Muslim Association
Report of the Trustees for the Year Ended 31 March 2025
The trustees present their annual report and financial statements of the charity for the year ended 31 March 2025 and confirm they comply with the charities and Trust Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and Accounting and Reporting by Charities: Statement of Recommended Practise applicable to charities preparing their accounts in accordance with th Financial Reporting Standard applicable in the UK.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
SC037043
Prinicpal Address
1 Speirs Road Bearsden Scotland G61 2LX
Trustees
Dr Hafiz Sadiq Mr Saleem Sadiq Dr Sikander Siddiki
Independent examiner
AMS ACCOUNTING SERVICES LIMITED 13 Corrie Crescent Maidenhill, Newton Mearns Glasgow G77 5XP
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is an unincorporated association and was registered on 2 December 2005. The Charity is administered in accordance with the terms of the Charity Constitution. The trustees were those appointed on the establishment of the charity and represent the minimum number required. Appointment and removal is in accordance with the Charity Constitution which requires that appointment is approved by unanimous agreement of the existing trustees and removal of any trustee by the unanimous agreement of the others.
Objectives
Bearsden Muslim Association objectives are:
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To advance the education of the public in Asian culture by the teaching of Urdu and Arabic to the residents of Bearsden and the surrounding area, thereby promoting the understanding of other cultures by the community at large and promoting the integration of diverse communities.
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To promote the benefit of the inhabitants of Bearsden and its environs without distinction of sex, sexuality, political, religious or other opinions by providing facilities, or assisting in the provision of facilities, in the interest of social welfare for recreation and other leisure-time
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The principal activity of the Charity to the year ended 31 March 2025 was the continuation of children’s education and to provide a place for the community to learn and practice its faith.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
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Bearsden Muslim Association
Trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in Scotland 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:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and
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prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the accounts comply with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006;. They 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 and signed on its behalf by:
Mr Saleem Sadiq
….......................................
15/03/2026 Date: ….............................
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Bearsden Muslim Association
Independent Examiner’s Report to the Trustees of Sadco Foundation
AMS Accounting Services Ltd report on the accounts of the charity for the year ended 31 March 2025 which are set out on pages 6 to 10.
Basis of independent examiner’s statement
My examination was carried out in accordance with Regulation 11 of Charity 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 those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given to as whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statements below.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention:
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which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations
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to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations
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.
..............................................
AMS ACCOUNTING SERVICES LIMITED
13 Corrie Crescent Maidenhill, Newton Mearns Glasgow G77 5XP
Date: 14.03.2026
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Bearsden Muslim Association
| Statement of Financial Activities for the Year Ended 31st March 2025 INCOMING RESOURCES Incoming resources from generated funds Voluntry income Activities for generating funds Investment income Incoming resources from charitable activities Charitable activity Total incoming resources RESOURCES EXPENDED Cost of generating funds Fundraising trading:cost of goods sold and other cost Charitable activities Charitable activity Governance Costs Total resources expended NET INCOMING RESOURCES RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 292,891 - 14,400 - 307,291 - 185,453 70,415 255,868 51,423 391,934 443,357 |
Restricted fund £ - - - - - - - - - - - - |
31.03.25 Total funds £ 292,891 - 14,400 - 307,291 - 185,453 70,415 255,868 51,423 391,934 443,357 |
31.03.24 Total funds £ 291,545 - 14,400 - |
|---|---|---|---|---|
| 305,945 15,497 272,197 - |
||||
| 287,694 | ||||
| 18,251 373,683 |
||||
| 391,934 |
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Bearsden Muslim Association
Balance Sheet for the Year Ended 31st March 2025
| Unrestricted | Restricted | 31.03.25 | 31.03.24 | ||
|---|---|---|---|---|---|
| fund | fund | Total funds | Total funds | ||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible assets | 250,000 | - | 250,000 | 250,000 | |
| Investment Property | 167,500 | - | 167,500 | 167,500 | |
| 417,500 | - | 417,500 | 417,500 | ||
| CURRENT ASSETS | |||||
| Stocks | - | - | - | - | |
| Debtors | 12,900 | - | 12,900 | 25,550 | |
| Cash at bank and in hand | 81,838 | - | 81,838 | 51,411 | |
| 94,738 | - | 94,738 | 76,961 | ||
| CREDITORS | |||||
| Amount falling due within one year | 6 | 881 | - | 881 | 25,527 |
| NET CURRENT ASSETS | 93,857 | - | 93,857 | 51,434 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 511,357 | - | 511,357 | 468,934 | |
| CREDITORS | |||||
| Amount falling more than one year | 68,000 | - | 68,000 | 77,000 | |
| NET ASSETS | 443,357 | - | 443,357 | 391,934 | |
| FUNDS | |||||
| Unrestricted funds | 443,357 | 391,934 | |||
| Restricted funds | - | - | |||
| TOTAL FUNDS | 443,357 | 391,934 |
15/03/2026 The financial statements were approved by the Board of Trustees on …..............................and were signed on its behalf by: M Saleem Sadiq ….................................. Sy
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Notes to the Financial Statements for the Year Ended 31st March 2025
Bearsden Muslim Association
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the companies Act 2006 and the requirements of the Statement of Recommended Practise, Accounting and Reporting by Charities
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accrual basis and has been classified under the headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixture and fittings etc 15% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objectives of the charity, Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. NET INCOMING/(OUTGOING) RESOURCES
Net resources are stated after charging/(crediting):
31.03.25 31.03.24 £ £ Depreciation - owned assets - -
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st March 2025.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st Macrh 2025.
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Bearsden Muslim Association
| Notes to the Financial Statements for the Year Ended 31st March 2025 4. TANGIBLE FIXED ASSETS COST BMACC Premises DEPRICIATION At 1st April 2024 Charge for year At 31st March 2025 NET BOOK VALUE At 31st March 2025 At 31st March 2024 5. FIXED ASSETS INVESTMENTS Investment on Property 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 7. CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR Other creditors |
Fixture and fittings £ 250,000 250,000 - - - 250,000 250,000 £ 167,500 31.03.2025 31.03.2024 881 25,527 31.03.2025 31.03.2024 68,000 77,000 |
|---|---|
8. MOVEMENT IN FUNDS
| Net | |||
|---|---|---|---|
| At | movement | At | |
| 31.03.2024 | in funds | 31.03.2025 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 391,934 | 51,423 | 443,357 |
| Restricted funds | |||
| Restricted | - | - | - |
| TOTAL FUNDS | 391,934 | 51,423 | 443,357 |
| Net movement in funds, included in the above are as follows. | |||
| Incoming | Resources | Movement | |
| Resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 307,291 | ( 255,868) | 51,423 |
| Restricted funds | |||
| Restricted | - | - | - |
| TOTAL FUNDS | 307,291 | ( 255,868) | 51,423 |
Net movement in funds, included in the above are as follows.
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Bearsden Muslim Association
Detailed Statement of Financial Activities for the Year Ended 31st March 2025
| INCOMING RESOURCES Voluntry income Grants, charity & donations Incoming resources from charitable activities Income from Charitable Activities Sundries receipts Investment Income Total incoming resources RESOURCES EXPENDED Fundraising trading: cost of goods sold and other costs Purchases Charitable activities Charitable goods Donations - Charitable payouts Web Development & mgmt Events & food Travel and Subsistence Advertisement Governance costs Light and heat Rent & Rates Wages Paye & NI Printing, Stationery Subscriptions Premises Hire Telephone & Internet Consultancy fee Advertising & PR Accountancy fee Legal fees Cleaning Insurance Sundries Repairs & maintenance Credit Card Charges Bank charges Other resources expended Total resources expended Net Income |
31.03.25 £ 292,891 - - 14,400 14,400 307,291 - 333 183,125 - 1,995 - - 185,453 6,544 429 58,731 483 - 297 467 363 - - 150 - 422 1,294 - 956 9 270 70,415 - 255,868 51,423 |
31.03.24 £ 291,545 - - 14,400 305,945 305,945 - 425 195,722 476 2,472 - - 199,095 4,841 1,258 56,685 3,308 - - 530 274 - - 120 - 1,339 1,199 - 3,038 270 240 73,102 15,497 287,694 18,251 |
|---|---|---|
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