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2021-12-31-accounts

Charity number: 1010076

THE WESSEX SHIA ITHNA ASHERI JAMAAT

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

THE WESSEX SHIA ITHNA ASHERI JAMAAT

CONTENTS

Page
Reference and administrative details of the charity, its trustees and advisers 1
Trustees' report 2 - 4
Independent examiner's report 5 - 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9 - 16

THE WESSEX SHIA ITHNA ASHERI JAMAAT

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2021

Trustees

S Walji FCA, Trustee (resigned 30 April 2022) H Nurmohamed, Trustee (resigned 30 April 2022) J Bandali, Treasurer (resigned 30 April 2022) M Jaffer, Trustee Z Asharia, Treasurer (appointed 1 July 2022) M Master, Trustee (appointed 1 July 2022) M Hooda, Trustee (appointed 1 July 2022)

Charity registered number

1010076

Principal office

Al Mahdi, Fontley Road, Titchfield, Fareham, Hampshire, PO15 6QR

Accountants

Clifford Fry & Co LLP, St Mary's House, Netherhampton, Salisbury, Wiltshire, SP2 8PU

Page 1

THE WESSEX SHIA ITHNA ASHERI JAMAAT

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

The Trustees present their annual report together with the financial statements of the charity for the 1 January 2021 to 31 December 2021.

The Charity is governed by its constitution and is constituted as a charitable trust. The trustees of The Wessex Shia Ithna Asheri Jamaat are the members of the executive committee. They are for the purposes of the constitution, officers of the charity. The trustees are responsible for the overall management and control of the charity and meet regularly to manage its affairs.

Objectives and Activities

a. Policies and objectives

The object for which the Charity has been established is to promote and advance the Islamic Religion in accordance with the principles of the Shia Ithna-Asheri faith. The Charity through its Executive Committee shall have the power:

  1. To encourage the practice of the Islamic Religion as taught by Shia Ithna-Asheri laws;

  2. To eradicate poverty;

  3. To advance education amongst the community;

  4. To relieve those in need by reason of youth, age, ill health and disability, financial hardship or other disadvantage;

  5. Promote good health and healthy living;

  6. To do all such other things as shall further the above-mentioned object.

b. Activities for achieving objectives

This year as well due to the impact of the COVID-19 pandemic affecting the entire globe, various activities had to be curtailed in line with the UK government guidelines as the responsibility to safeguard the health and well-being of all human beings is a manifestation of the teachings of our faith. The following activities were undertaken for achieving objectives switching to fully online delivery methods and opening the centre on 22 June 2021 when government guidelines allowed:

  1. Ladies Monthly Spiritual Nights – a gathering of ladies for three nights every middle of the lunar month

  2. The charity runs a Saturday school which is attended regularly by 80 children throughout the school term time. This was transferred to online delivery. The Children’s Saturday School was awarded

  3. ‘Winner for Outstanding Online Delivery’ during the pandemic

  4. The 26th Annual Muslim Christian Gathering

  5. Mental Health Event – Be Kind to Your Mind

  6. Ladies Karate Classes

  7. Family Quran Challenge

  8. Help the Hungry Campaign

  9. Speak Out: Interactive Debate

  10. Promoting the community to get COVID-19 vaccinated

  11. Tai Chi Sessions

  12. Clothes Collection Campaign for recently arrived refugees to the UK

  13. Interactive seminars

  14. Health Committee advice on how to keep safe during this corona virus pandemic

  15. Weekly Challenge - during these challenging times, to bring our community together, started

  16. a weekly challenge open for all the community members

  17. Ramadhan Health Awareness Campaign

  18. Let's Talk Fiqh (Practicing Laws of Islam)

Page 2

THE WESSEX SHIA ITHNA ASHERI JAMAAT

  1. Eradication of poverty: various community fund raising events were organised for several relief and humanitarian projects: Water Wells Appeal for Africa, COVID-19 Food & Essentials Drive, and ongoing funds collected for the poor.

Page 2

THE WESSEX SHIA ITHNA ASHERI JAMAAT

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2021

  1. Celebrations and commemoration of the lives of holy personalities throughout the year, with a view to deriving lessons from their lives.

  2. To conduct marriages according to the Islamic faith

  3. Carrying out funeral rites of deceased members of the community according to the Islamic faith.

c. Main activities undertaken to further the charity's purposes for the public benefit

The main activities undertaken are listed in b. above.

Achievements and performance

a. Key financial performance indicators

The income for the year was £725,625 (2020: £261,407) The expenses for the year were £601,328 (2020: £225,147) The amount generated from donations was £30,900 (2020: £22,223)

b. Review of activities

Despite the COVID-19 pandemic the trustees consider the performance of the Charity has been satisfactory. The Charity has been successful in fulfilling its aims and objectives.

The Charity has organised events, activities, and programmes to fulfil its objectives and ensured that it has used all mediums at its disposal to promote the services provided by the Charity.

c. Investment policy and performance

The charity does not have any investments, and this is unlikely to change in the foreseeable future.

Financial review

a. Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.

Structure, governance and management

Page 3

THE WESSEX SHIA ITHNA ASHERI JAMAAT

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2021

a. Constitution

The charity was registered on 25 March 1992 and commenced its activities on that date. There have been no changes in the objectives since the last annual report.

b. Method of appointment or election of Trustees

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association.

Page 3

THE WESSEX SHIA ITHNA ASHERI JAMAAT

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2021

c. Organisational structure and decision making

The charity is governed by its constitution and is constituted as a charitable trust. The Trustees of the Charity are the members of the executive committee. They are for the purposes of the constitution, officers of the charity. The Trustees are responsible for the overall management and control of the charity and meet regularly to manage its affairs.

d. Risk management

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.

Trustees' responsibilities statement

The Trustees are responsible for preparing the Trustees' 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 England & Wales 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:

The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.

The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Page 4

THE WESSEX SHIA ITHNA ASHERI JAMAAT

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2021

This report was approved by the Trustees, on 20/10/2022 and signed on their behalf by:

ZAsharia

Miqdad Master

................................................ ................................................ Z Asharia, Treasurer M Master, Trustee

Page 4

THE WESSEX SHIA ITHNA ASHERI JAMAAT

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Independent examiner's report to the Trustees of The Wessex Shia Ithna Asheri Jamaat (the 'charity')

I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2021.

This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report.

Responsibilities and basis of report

As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of (enter body here), which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

Page 5

THE WESSEX SHIA ITHNA ASHERI JAMAAT

  1. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

Page 5

THE WESSEX SHIA ITHNA ASHERI JAMAAT

INDEPENDENT EXAMINER'S REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2021

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Dated:

Erica Parker FCCA

Clifford Fry & Co LLP

St Mary's House Netherhampton Salisbury Wiltshire SP2 8PU

Page 6

THE WESSEX SHIA ITHNA ASHERI JAMAAT

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Note
Income from:
Voluntary income
2
Total income
Expenditure on:
Charitable activities
3,4,5
Total expenditure
Net profit/(loss) before transfers
Transfer of fixed asset
10
Net income / (expenditure) before other
recognised gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
2021
£
71,300		 Restricted
funds
2021
£

654,325		 Total
funds
2021
£
725,625		 Total
funds
2020
£

261,407

71,300


654,325
725,625

261,407


14,183


587,145
601,328

225,147

14,183


587,145
601,328

225,147

57,117
-


67,180
**- **

124,297
-

36,260
(115,558)
57,117
57,117
157,050
67,180

67,180

37,794
124,297

124,297
194,844

(79,298)

(79,298)


274,142

214,167


104,974
319,141

194,844

The notes on pages 9 to 16 form part of these financial statements.

Page 7

THE WESSEX SHIA ITHNA ASHERI JAMAAT

BALANCE SHEET AS AT 31 DECEMBER 2021

Note
Current assets
Debtors
8
Cash at bank and in hand
Creditors:amounts falling due within one
year
9
Net current assets
Net assets
Charity Funds
Restricted funds
10
Unrestricted funds
10
Total funds		 £
108,094
231,369		 2021
£
£

62,483

148,719

211,202

(16,358)
319,141
319,141
104,974
214,167
319,141		 2020
£




194,844

339,463
(20,322)
194,844

37,794
157,050
194,844

The financial statements were approved by the Trustees on 20/10/2022 and signed on their behalf, by:

ZAsharia Miqdad Master ................................................ ................................................ Z Asharia, Treasurer M Master, Trustee

The notes on pages 9 to 16 form part of these financial statements.

Page 8

THE WESSEX SHIA ITHNA ASHERI JAMAAT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. Accounting policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011.

The Wessex Shia Ithna Asheri Jamaat constitutes a public benefit entity as defined by FRS 102.

1.2 Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the Trustees' report for more information about their contribution.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

1.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Charitable activities and Governance costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.

Page 9

THE WESSEX SHIA ITHNA ASHERI JAMAAT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. Accounting policies (continued)

1.4 Tangible fixed assets and depreciation

All assets costing more than £1,000 are capitalised.

Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property

1.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

1.6 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.7 Cash at Bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.8 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.

1.9 Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Page 10

THE WESSEX SHIA ITHNA ASHERI JAMAAT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. Accounting policies (continued)

1.10 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

2. Income from voluntary income

General donations
Gift aid
Madrasah fund share
Hire of centre
Subscriptions
Restricted funds income
Unrestricted funds income
Total voluntary income
Total 2020
 Unrestricted
funds
2021
£
30,900
22,789
5,329
895
10,880
-
507		 Restricted
funds
2021
£

-

-

-

-

-

654,325

-
 Total
funds
2021
£

30,900

22,789

5,329

895

10,880

654,325

507		 Total
funds
2020
£

22,223

21,589

10,421

1,265

10,280

194,465

1,164
71,300
654,325		 725,625
261,407




66,942
194,465		 261,407

3. Direct costs

Charitable activities
Muharram/Safar fund raising
Total 2020		 Charitable
operations
£
587,145
10,415
 Total
2021
£

587,145

10,415		 Total
2020
£

198,161

8,640
597,560 597,560
206,801



206,801 206,801

Page 11

THE WESSEX SHIA ITHNA ASHERI JAMAAT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

4. Support costs

Alarm monitoring and maintenance
Refuse collection
Gardening
Software
Repairs and renewals
Gifts
Subscriptions
Professional fees
Travel and subsistence
Fund deficits write offs
Rates and water
Insurance
Light and heat (including refund)
Telephone
Postage and stationery
Kitchen sundries
Bank charges
Storage
Cleaning
Total 2020		 Expenditure
£
1,329
88
2,090
1,859
4,420
370
435
-
-
11,142
901
792
(23,315)
698
36
61
799
-
563
 Total
2021
£

1,329

88

2,090

1,859

4,420

370

435

-

-

11,142

901

792

(23,315)

698

36

61

799

-

563		 Total
2020
£

1,505

560

3,600

1,444

3,010

100

535

2,799

114

(12,458)

655

847

11,274

846

-

177

467

498

627
2,268 2,268
16,600



16,600 16,600

During the year ended 31 December 2021, the charity incurred the following Governance costs:

£ (8,874) (2020 - £ 29,058 ) included within the table above in respect of direct management costs.

5. Governance costs

Independent examiner's fees Unrestricted
funds
2021
£
1,500		 Total
funds
2021
£
1,500		 Total
funds
2020
£

1,746

6. Net income/(expenditure)

During the year, no Trustees received any remuneration (2020 - £NIL). During the year, no Trustees received any benefits in kind (2020 - £NIL). During the year, no Trustees received any reimbursement of expenses (2020 - £NIL).

Page 12

THE WESSEX SHIA ITHNA ASHERI JAMAAT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

7. Staff costs

The average number of persons employed by the charity during the year was as follows:

2021
No.
2
No employee received remuneration amounting to more than £60,000 in either year.
Debtors
2021
£
Trade debtors
14,643
Prepayments and accrued income
93,451

108,094
Creditors: Amounts falling due within one year
2021
£
Other loans
5,000
Trade creditors
2,373
Other creditors
11,449
Accruals and deferred income
1,500

20,322		 2021
No.
2
No employee received remuneration amounting to more than £60,000 in either year.
Debtors
2021
£
Trade debtors
14,643
Prepayments and accrued income
93,451

108,094
Creditors: Amounts falling due within one year
2021
£
Other loans
5,000
Trade creditors
2,373
Other creditors
11,449
Accruals and deferred income
1,500

20,322		 2020
No.
2
2020
£

16,854

45,629
62,483
2020
£

5,000

1,260

8,982

1,116
16,358
108,094

2021
£
5,000
2,373
11,449
1,500
20,322

8. Debtors

9. Creditors: Amounts falling due within one year

10. Statement of funds Statement of funds - current year

Unrestricted funds
General Funds		 Balance at
1 January
2021
£
157,050		 Income
£

71,300		 Expenditure
£
(14,183)
Balance at
31
December
2021

£

214,167

Page 13

THE WESSEX SHIA ITHNA ASHERI JAMAAT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

10. Statement of funds (continued)

Restricted funds

COEJ Restricted Funds
Wessex Jamaat Restricted Funds
Total of funds
Statement of funds - prior year
General Funds
Restricted funds
COEJ Restricted Funds
Wessex Jamaat Restricted Funds
Wessex Jamaat Restricted
Fund - Laburnum Grove		 Balance at
1 January
2020
£
117,094		 205
37,589
41,638

612,687
(39,367)

(547,778)
2,476

102,498

104,974

319,141


Balance at
31
December
2020

£
157,050

205

37,589

-

37,794
37,794
654,325		 (587,145)

194,844


725,625
(601,328)

Income
£

66,942

Expenditure
£

(26,986)

Transfers
in/out

£
-

11,555
29,935
115,558


37,159

157,306

-


(48,509)

(149,652)

-
-

-

(115,558)
157,048
194,465
(198,161)		 (115,558)

Summary of funds - current year

General funds
Restricted funds		 Balance at
1 January
2021
£
157,050
37,794		 Income
£

71,300

654,325
 Expenditur
e
£

(14,183)

(587,145)		 Balance at
31
December
2021
£

214,167

104,974

319,141
194,844
725,625		 (601,328)

Page 14

THE WESSEX SHIA ITHNA ASHERI JAMAAT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

10. Statement of funds (continued)

Summary of funds - prior year

General funds
Restricted funds		 Balance at
1 January
2020
£
117,094
157,048		 Income
£

66,942

194,465		 Expenditure
£

(26,986)

(198,161)
 Transfers
in/out
£

-

(115,558)		 Balance at
31
December
2020
£

157,050

37,794
274,142
261,407
(225,147)		 (115,558)
194,844

11. Analysis of net assets between funds

Analysis of net assets between funds - current year

Current assets
Creditors due within one year
Analysis of net assets between funds - prior year
Current assets
Creditors due within one year		 Unrestricted
funds
2021
£
234,489
(20,322)
 Restricted
funds
2021
£

104,974

-		 Total
funds
2021
£

339,463

(20,322)

319,141
Total
funds
2020
£

211,202

(16,358)

194,844
214,167 104,974

Unrestricted
funds
2020
£
173,408
(16,358)
Restricted
funds
2020
£

37,794

-
157,050 37,794

12. Related party transactions

The trustees Z Asharia, M Master, M Hooda and M Jaffer are trustees in Al Mahdi Centre. Included in other creditors is a loan from this company of £11,449 (2020: £8,982 to this company).

Page 15

THE WESSEX SHIA ITHNA ASHERI JAMAAT

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

13. Controlling party

There is no overall controlling party.

Page 16