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| |---|---|---| 6 ## **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| 7 **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| 8 ## **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| 9 ## 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: 1. Dr. Abdul Qayyum Sheikh (Chairman) - 48 Queens Road, Waltham Stow, London, E17 8PX 2. Mr. Ismail A.R. Shaikh, (Vice Chairman) 45 Chadwick Road, Leytonstone, London, E l1 1NE 3. Mr. Mian Habib Hussain, (Treasurer) - 31 Albert Road, Waltham Stow, London, El 7 7PR 4. Dr Naheed Khan Lodhi,48 Queen Road Waltham Stow, E17 8PX. 5. Mr. Muhammad Abdullah Esakji: 17 Edinburgh Road, Waltham Stow, E17 7QB 6. Dr Qadir Bakhsh (General Secretary) - 5 Langfords, Buckhurst Hill, Essex, IG9 5LS 1 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. 2 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 Lh￿IlY 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 4 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