Charity No:1013323 WALTHAM FOREST MUSLIM BURIAL TRUST Unaudited Accounts 31 March 2024 AMIR & ASSOCIATES LIMITED Accounlanls 39 BRAEMAR AVENUE WOOD GREEN LONDON N22 78Y Phone No.. 020 8889 3790 e-mail.. amifassociales39@yahooo.com
WALTHAM FOREST MUSLIM BURIAL TRUST MANAGEMENT OF THE TRUST AND TRUSTEES FOR THE PERIOD ENDING 31 MARCH 2024 MANAGEMENT OF THE TRUST Chairman.. Dr. Abdul Qayyum Sheikh Vice Chairman.. Mr. Ismail A.R. Shaikh Treasurer: Mr. Habib Hussain Manager.. Mr Asim Mahmood Registered Office.. Folly Lane Cemetery London E4 8TX Correspondence Address: Folly Lane Cemetery London E4 8TX Charity Registration No. 1013323 AccountantslAuditors: Amir & Associates Limited Institute of Financial Accountants 39 Braemar Avenue London N22 7BY Solicitors.. Rafiq & Co. Bankers.. Barclays Bank PLC TRUSTEES DURING THE PERIOD Dr. Abdul Qayyum Sheikh (Chairman) 48 Queens Road, Walthamstow, London E17 8PX 2. Mr. Ismail A.R. Shaikh (Vice Chairman) 45 Chadwick Road, Leylonstone, London E11 1 NE 3. Mr Habib Hussain (Treasurer) 31 Albert Road, Walthamstow, London E17 7PR 4. Dr. Naheed Khan-Lodhi 48 Queens Road, Walthamstow, London E17 8PX 5. Dr. Muhammad Abdullah Esakji 74 Edingurgh Road, Walthamstow, London E17 7QB
WALTHAM FOREST MUSLIM BURIAL TRUST ACCOUNTS FOR THE PERIOD ENDING 31 MARCH 2024 TRUSTEES REPORT 1. Status.. The Waltham Forest Muslim Burial Trust is a charity registered with The Charity Commission in England and Wales under Charity Number 1013323. 2. Charitable Objects: The objective of this charity is to promote Muslim concepts and traditions. It maintains a Muslim Cemetery at Folly Lane in London which provides burial space in compliance with Muslim traditions. 3. Review of Activities and Achievements.. The cemetery is maintained properly and day to day management is carried out by the Trust manager. All invoices are reviewed by the responsible officer before any payment is made. The Trust is working closely with the London Borough of Wallham Forest and other statutory bodies to obtain planning permission for burial spaces on the newly acquired land. 4. Administrative and Record Keeping Tasks.. Record Keeping is being carried out by Mr. Ismail A.R. Shaikh (Vice Chairman) and Cash Control and Banking is dealt with by Mr. Habib Hussain (Treasurer). 5. 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 the Trust. The Trustees are 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. In preparing the financial statements, the Trustees must ensure that all receipts and payments of the Trust have been properly recorded and supported by reasonable and prudent judgements. General rates are paid to the Local Authority after a reduction of 800/0 mandatory relief. 6. Services Rendered and General Review.. The charity deals with the burial of deceased Muslims according to Islamic traditions and principles. The work is carried out at Folly Lane Cemetery, Chingford, London E4 8TX.
WALTHAM FOREST MUSLIM BURIAL TRUST SIGNED ON BEHALF OF WALTHAM FOREST MUSLIM BURIAL TRUST Dr. Abdul Qayyum Sheikh (Chairman and Trustee) Dr. Naheed Khan-Lodhi (Trustee) Dr. Muhammad Abdullah Esakji (Trustee) Mr. Mohammed Nasser Shaikh (Trustee)
WALTHAM FOREST MUSLIM BURIAL TRUST INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF WALTHAM FOREST MUSLIM BURIAL TRUST FOR THE PERIOD ENDING 31 MARCH 2024 sl I report on the accounts of the charity for the period 1 April 2023 to 31, March 2024, which are set out on pages 6 to 8. RESPECTIVE RESPONSIBILITES 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 the 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 Ljnder Section 43(3){a) of the 1993 Act and 2006 Act, follow the procedures laid out in the General Directions given by the Charity Commissioners under Section 43(7){b) of the Act, and state whether particular matters have come to my attention. Also, as required bt the Charities Act 2006. BASIS OF INDEPENDENT EXAMINERS 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 EXAMINERS 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 Ihe 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 accounts which are in accordance with the accounting records and comply with the accounting requirements of the Acts have not been met or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Tauseeq A Naz
WALTHAM FOREST MUSLIM BURIAL TRUST Profit and Loss Account for the year ended 31 March 2024 2024 2023 Burial Income 122,621 145.050 Other business income 37,821 35.717 Expenses Stall costs Car, van and travel expenses Rent, rates, power and Insurance costs Repairs and renewals ol property and equipment Telephone, lax. slalionery and olher ollice cosls Donations Bank, credit card and other finance charges Accountancy, legal and other professional lees Depreciation and lossllprolill on sale 98,112 2.366 3.689 16,205 48 73.842 2,845 36.697 2,252 1,000 959 47,526 5,194 151 17,797 5,194 143.562 170,315 Profit 16,880 10.452
WALTHAM FOREST MUSLIM BUFIIAL TRUST Balance Sheet as at 31 March 2024 Notes 2024 2023 Fixed assels Equipment. machinery and motor vehicles Other fixed assets 414,921 979.102 1,394,023 420,115 979.102 1.399,217 Current assets Barclays bank A.C No 5320 7587 Banklbuilding society balances 218,298 484,858 703,156 199.218 484,858 684.076 Current liabili1Ses Trade creditors Other liabilities and accruals 12.8791 2.400 14791 1,315 1,200 2.515 Net current assets 703.635 681,561 Net assets 2,097,658 2.080.778 Capital account Balance al slarl ol period Nel profil 2,080,778 16.880 2,070.326 10.452 2,097,658 2.080,778
WALTHAM FOREST MUSLIM BURIAL TRUST Notes to the Accounts for Ihe year ended 31 PAarch 2024 1 Accountlng bas15 The accounts have bpen comle on a basis that enablos prolils lo be calculaled in accordanco wilh UK Gonoially Acwplcrj Accounling Pra¢1icc and thai piovidos siillicionl iclevani InloTmalion 10 enable Ihc comploiion ol a lax reiurn. 2 Prolll and loss actounl analys1$ 2024 2023 8urlal Income Burial Income 122,621 145.050 Olher Income Interest receivable Renial Income 182 35.535 35.717 37.810 37.821 Wages. salarles and Olher slatl cos15 Subconira¢ior5 Monagttncnl lee Siall Iraining and v4cllare 69,072 29.040 43.706 29.491 645 98.112 Car, van and Irav81 expen¥es Fuel lor equipment 2.366 Renl, rates, power and in¥uf8nce costs Raies Lighl aThl hèal Cloaning 561 2.002 3,689 674 840 2.845 Repalts and renewals ol property and eqLFlpmÈnt epaiTS and mainlenance 16.205 36.697 Telephone. fax, stallontrry and olher ofllct C0515 Tolcphone and 11r X Postage Other Insufance cosis 350 355 ,547 2,252 48 48 Adveriislng and busSnesg entertalnment cosls Donalions I.OOD Bank. credll c8rd and olher flnance ¢hargÈs Bank charge5 959 Ac¢ounian¢y. IBg81 and other prolÈ$sional lees Accounlanls lec5 Olher legal antt prolessional Gonsullancy lees 1.2(X) 1.200 16.597 17.797 35.016 d7.526 Oepreclatlon and lossllprollll on sa Depreciation 5.194 5.194
WALTHAM FOREST MUSLIM BURIAL TRUST Notes to the Accounts for the year ended 31 March 2024 3 Plant, machinery and motor vehicles Spare Cost Al 1 April 2023 Ai 31 March 2024 440,891 440.891 Depreciation Al 3 April 2023 Charge lor the year Al 31 March 2024 20.776 5,194 25,970 Net book value Al 31 March 2024 Al 31 March 2023 414.921 420,115 4 Oiher flxed assets 2024 2023 Premises 979,102 979,102