2021-03-31-accounts - Preston Hanfi Sunni Muslim Society

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Preston Hanfi Sunni Muslim Society

Charity Number: 1004358

Preston Hanfi Sunni Muslim Society

Unaudited Accounts For the year ended 31/03/2021

Prepared By: Woodville Accountancy Unit 20b, Yarrow Business Centre Yarrow Road Chorley Lancashire PR6 0LP

Preston Hanfi Sunni Muslim Society

ACCOUNTS FOR THE YEAR ENDED 31/03/2021

CONTENTS	PAGE
Trustees and Officers	3
Report of the Accountants	4
Report of the Trustees	6
Balance Sheet	7
Trading Profit & Loss Account	8
Notes to the Financial Statements	9

Preston Hanfi Sunni Muslim Society

OFFICERS AND ADVISORS	OFFICERS AND ADVISORS
TRUSTEES	Muhammed Tahir Ali Tanvir Khalil Shahid Hussain
REGISTERED OFFICE	95-101 Fishwick Parade Preston PR1 4XR
CHARITY NUMBER	1004358
BANKERS	RBS Preston, Fulwood Branch 97 Fishergate Preston PR1 2AE
ACCOUNTANTS	Woodville Accountancy Unit 20b, Yarrow Business Centre Yarrow Road Chorley PR6 0LP

Preston Hanfi Sunni Muslim Society

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

The charity is governed by the Trustees in accordance with the charity’s constitution (available to any member of the mosque on request).

In order to carry out the day to day running of the Mosque, the Trustees appoint a Committee. This Committee is elected by the Mosque membership from amongst themselves. Members wishing to stand for these posts must put their name forward. An election then takes place and nine people are elected.

The elected Committee then elects its President, Vice-President, Secretary, Vice-Secretary, Treasurer, Vice-Treasurer and three executive members.

Due to Covid-19, no candidates put themselves forward for election. The trustees are going to have an election for a new committee.

President	To be elected
Vice President	To be elected
Secretary	To be elected
Vice-Secretary	To be elected
Treasurer	To be elected
Executive Members	To be elected

Executive Committee positions will be subject to DBS (Disclosure a Barring Service) approval.

The Committee is responsible for all fund raising, accepting and recording all donations, hiring and firing of all staff, the education of the children, organisation of prayers and special religious days, general repair and maintenance of the building, payment and recording of all expenses incurred including utility bills and wages, hiring out of Mosque utensils and sale of books and anything else as set out in the Constitution. Any decisions made must be agreed by the Committee unanimously.

The Committee is elected for a period of two years and the elections take place in the first week of the Islamic month of Muharram.

When a position for a Trustee becomes available then it is open to volunteers and the final decision is taken by the Committee or if they cannot decide then it is put to a vote by the members.

The Trustees have also appointed Woodville Accountancy as the independent examiner and reporting accountants.

All Trustees have been subjected to DBS (Disclosure Barring Service).

Preston Hanfi Sunni Muslim Society

FINANCIAL MATTERS

The only monies held are in the Bank and Building Society accounts and the charity has no policy in place with regard to the reserves. The balances as at 31 March 2021 are:

Bank Reserve Account Reserve Account 2 Subscriptions Account	£7,012.60 £180,001.62 £37.00 £1,281.01
The Community Centre Acc TCC Reserve Cash in hand	£0.00 £0.00 £820.00

OBJECTIVES & ACTIVITIES

The current administration of Trustees & volunteers have come to the decision that certain areas of the mosque require urgent changes. These are:

Membership

The Trustees are currently undergoing a review of the membership and inviting the membership to join the gift-aid scheme. This is currently on-going

Refurb / Building Work

The revised plans have been accepted by Preston City Council. The work is now out to tender with local contractors.

Preston Hanfi Sunni Muslim Society

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES

I report on the financial statements of Preston Hanfi Sunni Muslim Society for the year ended 31 March 2021 which are set out on pages 7 to 9.

Respective responsibilities of trustees and examiner

The charity’s trustees consider that an audit is not required for this year of the Charities Act 1993 as amended by Section 28 of the Charities Act 2006 and that an independent examination is needed.

It is my responsibility to:

Examine the accounts
To follow the procedures laid down in General Directions given by the Charity Commission and;
To state whether particular matters have come to my attention

Basis of independent examiner’s report

My examination was carried out in accordance with General Directions given by the Charity Commission. 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 seeking 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 I do not express an audit opinion on the accounts.

Independent examiner’s statements

In the course of my examination, no matter has come to my attention:

Which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:
Proper accounting records are kept; and
Accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act;
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Woodville Accountancy Unit 20b, Yarrow Business Centre Yarrow Road Chorley PR6 0LP

Preston Hanfi Sunni Muslim Society

BALANCE SHEET AS 31 MARCH 2021

	Notes		2021 £	2021 £		*2020* £	*2020* £
FIXED ASSETS Tangible Assets CURRENT ASSETS	3		508,341			509,481
Stock Debtors Cash at bank and in hand CREDITORS YMCA Purchase – Deferred payment plan HMRC PAYE Accountancy Net wages – March 2020	4	- - 189,152 189,152 140,000 270 - 620 -			- - 180,290 180,290 140,000 270 *153* *310* *1460*

NET CURRENT ASSETS				48,262			38,097
TOTAL ASSETS LESS CURRENT LIABILITIES			556,603			547,578

CAPITAL ACCOUNT	5		556,603			547,578

These financial statements were approved and signed by the trustees on ______

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Signed …………………………………………….. Trustee
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Signed …………………………………………….. Woodville Accountancy

Preston Hanfi Sunni Muslim Society

TRADING PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

	Notes			2021 £			*2020* £
Sales Burma Collection Friday Collection and Donations Lillah Nikah Fees Ramadan Collection Donations Eid Collection Madressa Fee Monthly Collection Membership Fees Radio Income Box Collection PPE Donation Preston Council Grant Annual Fee Sundry Income interest Baghdad collection YMCA Ramzan fund Less Expenses				0 9,158 6,741 450 695 - 605 9,462 - 34,189 1,075 - 10,000 10,000 - 71 - 150 - 82,596			0 18,896 5,571 105 500 810 2,178 37,951 9,643 8,796 630 181 - - - 530 716 2988 5345 94,885
Purchases Rates Refund Insurance Light & Heat PPE and cleaning Repairs & Renewals Teachers Expenses Bank Fees Internet Costs Software Subs Printing, Postage & Stationery Telephone Legal & Professional Costs Accountancy Entertaining Sundry Expenses Wages Employers NI Grant Return – Preston Council Baghdad Depreciation of Fixtures & Fittings Depreciation of Books				7 - - 1,216 11,675 10,218 2,403 23,426 24 745 911 - 1,598 681 - 310 - 264 12,475 261 5,000 - 1,163 266			1,451 - 345 1,231 15,544 - 7,349 42,650 - 485 371 350 1,926 197 2,939 310 292 400 10,400 - - 716 1,206 314

Preston Hanfi Sunni Muslim Society

Depreciation of Computer Equipment	929 73,571	1006 89,137

EXCESS OF INCOME OVER EXPENDITURE	9,025	5,748

NOTES TO THE ACCOUNTS

1. Basis of Accounting

The financial statements are prepared under the historical cost convention and in accordance with applicable accounting standards. They have also been prepared on a going concern basis, which assumes that the trust will continue in operational existence for the foreseeable future because of the support of its creditors.

The trustees consider it appropriate therefore, for the financial statements to be prepared on a going concern basis.

2. Depreciation

Fixtures & Fittings – 15% on reducing balance Library Books – 15% on reducing balance

Expenditure under £50 is written off in the year of purchase

3. Fixed Assets

	Furniture Fixtures & Fittings	Furniture Fixtures & Fittings	Books In Library	Freehold Property	Computer Equipment	Total	Total
Cost At 01/04/20 Additions Disposals At 31/03/21	41,292 920 - 42,212		5,219 - - 5,219	499,755 - - 499,755	3,122 300 - 3,422	549,408 1,220 - 550,628
Depreciation At 01/04/20 For the year At 31/03/21	34,457 1,163 35,620		3,442 266 3,708	- - -	2,027 929 2,956		39,926 2,358 42,284
Netbook Amounts
At 31/03/2021 At 31/03/2020		6,591 6,834	1,511 1,777	499,775 499,775	465 1,095	508,342 509,481

4. Debtors

PAYE -

5. Accumulated Funds

Balance Brought Forward 547,578

Preston Hanfi Sunni Muslim Society

Excess of income over expenditure 9,025 Balance Carried Forward 556,603