Charity No:1013323
WALTHAM FOREST MUSLIM BURIAL TRUST
Unaudited Accounts
31 March 2022
AMIR & ASSOCIATES LIMITED
Accountants 39 BRAEMAR AVENUE WOOD GREEN LONDON N22 7BY Phone No: 020 8889 3790 e-mail: amirassociates39@yahooo.com
WALTHAM FOREST MUSLIM BURIAL TRUST Profit and Loss Account for the year ended 31 March 2022
| Sales Other business income Expenses Staff costs Rent, rates, power and insurance costs Repairs and renewals of property and equipment Telephone, fax, stationery and other office costs Bank, credit card and other finance charges Accountancy, legal and other professional fees Depreciation and loss/(profit) on sale Other business expenses (Loss)/profit |
2022 £ 123,966 34,866 8,565 2,238 194,139 2,385 1,234 46,090 5,194 394 260,239 (101,407) |
2021 £ 249,663 32,768 - 1,939 56,892 4,035 912 26,327 11,662 30 101,797 180,634 |
|---|---|---|
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WALTHAM FOREST MUSLIM BURIAL TRUST Balance Sheet as at 31 March 2022
| Notes Fixed assets Equipment, machinery and motor vehicles 3 Other fixed assets 4 Current assets Barclays bank A.C No 5320 7587 491,033 Bank/building society balances 484,858 975,891 Current liabilities Other liabilities and accruals 981 Net current assets Net assets Capital account Balance at start of period Net (loss)/profit |
2022 £ 116,314 979,102 1,095,416 685,476 484,858 1,170,334 941 974,910 2,070,326 2,171,733 (101,407) 2,070,326 |
2021 £ 23,238 979,102 1,002,340 1,169,393 2,171,733 |
|---|---|---|
| 1,991,099 180,634 2,171,733 |
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WALTHAM FOREST MUSLIM BURIAL TRUST Notes to the Accounts for the year ended 31 March 2022
1 Accounting basis
The accounts have been compiled on a basis that enables profits to be calculated in accordance with UK Generally Accepted Accounting Practice and that provides sufficient and relevant information to enable the completion of a tax return.
2 Profit and loss account analysis
| Sales Sales Other business income Interest receivable Rental income Wages, salaries and other staff costs Temps and recruitment Staff training and welfare Rent, rates, power and insurance costs Rates Light and heat Cleaning Repairs and renewals of property and equipment Repairs and maintenance Cementery and undertaking work Telephone, fax, stationery and other office costs Telephone and fax Postage Software,website Other insurance costs Bank, credit card and other finance charges Bank charges Accountancy, legal and other professional fees Accountants fees Other legal and professional Consultancy fees Management fees (burial admin) Depreciation and loss/(profit) on sale Depreciation Other business expenses Sundry expenses |
2022 £ 123,966 259 34,607 34,866 2,280 6,285 8,565 1,331 528 379 2,238 141,959 52,180 194,139 233 704 - 1,448 2,385 1,234 990 5,951 34,589 4,560 46,090 5,194 394 |
2021 £ 249,663 |
|---|---|---|
| 206 32,562 32,768 |
||
| - - - |
||
| 1,331 608 - 1,939 |
||
| 5,510 51,382 56,892 |
||
| 1,316 1,286 60 1,373 4,035 |
||
| 912 | ||
| 950 3,953 21,424 - 26,327 |
||
| 11,662 | ||
| 30 |
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WALTHAM FOREST MUSLIM BURIAL TRUST Notes to the Accounts
for the year ended 31 March 2022
3 Plant, machinery and motor vehicles
| 3 Plant, machinery and motor vehicles |
|
|---|---|
| Cost At 1 April 2021 Additions At 31 March 2022 Depreciation At 1 April 2021 Charge for the year At 31 March 2022 Net book value At 31 March 2022 At 31 March 2021 4 Other fixed assets 2022 £ Premises 979,102 |
Spare £ 33,626 98,270 131,896 |
| 10,388 5,194 15,582 |
|
| 116,314 | |
| 23,238 | |
| 2021 £ 979,102 |
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WALTHAM FOREST MUSLIM BURIAL TRUST
MANAGEMENT OF THE TRUST AND TRUSTEES FOR THE PERIOD ENDED 31 MARCH 2022
MANAGEMENT OF THE TRUST:
CHAIRMAN Dr. ABDUL QAYYUM SHEIKH VICE CHAIRMAN Mr. ISMAIL A.R. SHAIKH GENREL SECRETARY DR QADIR BAKHSH TREASURER Mr. MIAN HABIB HUSSAIN MANAGER Mr. ASIM MAHMOOD REGISTERED OFFICE Folly Lane Cemetery LONDON, E4 8TX CORRESPONDENCE ADDRESS: P.O.BOX 56732. LONDON El 1 1ZD CHARITY REGISTRATION NO: 1013323 ACCOUNTANTS/AUDITORS AMIR & ASSOCIATES LIMITED, Institute of Financial Accountants 39 Braemar Avenue, London, N22 7BY SOLICITORS: RAFIQ & CO. BANKERS BARCLAYS BANK PLC
TRUSTEES DURING THE PERIOD:
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Dr. Abdul Qayyum Sheikh (Chairman)
-
48 Queens Road, Waltham Stow, London, E17 8PX
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Mr. Ismail A.R. Shaikh, (Vice Chairman) 45 Chadwick Road, Leytonstone, London, E l1 1NE
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Mr. Mian Habib Hussain, (Treasurer)
-
31 Albert Road, Waltham Stow, London, El 7 7PR
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Dr Naheed Khan Lodhi,48 Queen Road Waltham Stow, E17 8PX.
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Mr. Muhammad Abdullah Esakji: 17 Edinburgh Road, Waltham Stow, E17 7QB
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Dr Qadir Bakhsh (General Secretary)
-
5 Langfords, Buckhurst Hill, Essex, IG9 5LS
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WALTHAM FOREST MUSLIM BURIAL TRUST
ACCOUNTS FOR THE PERIOD ENDED 31[ST] MARCH 2022.
TRUSTEES REPORT:
STATUS:
- 1- Waltham Forest Muslim Burial Trust is a Charity Registered in England and Wales under Charity No. 1013323.
2-Charitable Objects: The objects of this charity are to promote Muslim concepts and tradition. It maintains a Cemetery at Folly Lane; Waltham stow which complies with Muslim traditions.
- 3-Review of Activities and Achievements: The cemetery is maintained properly and day today
management is carried out by the trust manager. All invoices are approved by the responsible officer before any payment is made.
-
4-The trust is working closely with the council for planning permission for the newly acquired land.
-
5-Administrative and Record Keeping is being carried on by (a) Mr. Ismail A.R.Shaikh (Vice
Chairman), (b ) Cash control and banking is controlled by Mr. Mian Habib Hussain.(treasurer).
6-Accounting and Reporting Responsibilities: Charities Acts 1993 and 2006 require the trustees to maintain proper bookkeeping records so that the financial statements show a true and fair view of the state of affairs of the trust.
- 7- The trustees are also responsible for safeguarding the assets of the trust and are required to take reasonable steps for the prevention and detection of fraud and other irregularities.
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8.ln preparing the tinancial 4tdteii)enis Ihe iw%tee4 must ensure thul all receipis and Pdymenis ol. the trust Iidve been pri)perly recorded dnd supponed t)y reasonable and prudcnt judgmenis. 9..Generdl rate% are p(iid io ihe coullcil after the reduction of 80% mandatory relief 10. Services Rendcred and General Review.. The LhIlY generally deal4 with the burial of deceascd Muslim8 according to l%lamic tradition and principles. The work i% carricd on ai Folly Ldne Ceine(ery Chingf()rd. Lnndon FA 8TX APPROVAL.. SIGNED ON BF.HALF OF WALTHAM FOREST MUSLIM BURIAL TRUST Dr Abdul Qayyum Sheikh Icliairmanl...-........... L/ Mr. Ismail A.R. Shaikh Ivlce Chairmanl...... Dr Qadir Bakhsh MBE IGeneral S reta Dr Naheed Khan-Lodhi....
WALTHAM FOREST MUSLIM BURIAL TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WALTHAM FOREST MUSLIM BURIALTRUST PERIOD ENDED 31[st] MARCH 2022.
I report on the accounts of the Charity for the period ended 1[ST] APRIL 2021 TO 31 March 2022
which are set on pages 6 to 8.
Respective responsibilities of trustees and accountants.
As the charity's trustees, you are responsible for the preparation of financial statements for each financial year. The Charity's Trustees consider that the audit requirements of Section 43(2) of Charities Act 1993 (the Act) and relevant section of 2006 Act do not apply and that an independent examination is not needed. It is my responsibility to examine the accounts under Section 43(3)(a) of the 1993Act,and 2006 Act, follow the procedures laid in the General Directions given by the Charity Commissioners (under Section 43(7b) of the Act, and state whether particular matters have come to my attention. Also as required by Charities Act 2006.
Basis of Independent Examiner's Report.
My examination was carried out in accordance with the general directions given by the Charity Commissioners. An examination includes a review of 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 you as trustees concerning any such matters. The procedures undertaken do not provide all evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts. Independent examiner's statement.
In connection with my examination no matter has come to my attention: which gives me reasonable cause to believe that in any material respect the requirements;(a) to keep accounting records in accordance with Section 41 of the 1993 Act and also relevant section of the 2006 Act and(b) to prepare
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accounts ivliicli in aL¢I)rd(tnce with the accounting records and to comply with the J¥counling I'eL!UTfL111LiiiS of the Acts have not been met or to w'hich. in m! opinion, attention should be drawn in order to enable a propLr understandinoy Ot the accounts to be reached. Tauseeq A Naz