**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|
Page 2
## **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:
1. 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.
2. 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
3. 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.
Page 3
## **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:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and
- 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: ….............................
Page 4
## **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:
1. which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations
- to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations
have not been met, or
2. 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
Page 5
## **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**|
Page 6
## **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
Page 7
**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.
Page 8
## **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.
Page 9
## **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**|
|---|---|---|
Page 10