|||Pages| |---|---|---| |Trustees'
Annual
Report||| |Independent
Examiner's|Report|| |Statement
of Financial Activities||| |Balance Sheet||| |Statement ofCash flows||| |Notes to the Accounts||| |Detailed Statement
of Financial Activities||7to| ## ## ## ## ## ## |Statement of Financial Activit
for the year ended 31March|ies
2022|||| |---|---|---|---|---| |||Unrestricted||| |||funds|Total funds|Total funds| |||2022|2022|2021| ||Notes|E|E|E| |Income and endowments||||| |from:||||| |Charitable
activities||49,043|49,043|25,054| |Other||6,579|6,579|7,137| |Total||55,622|55,622|32,191| |Expenditure
on:||||| |Other||42,382|42,382|37,788| |Total||42,382|42,382|37,788| |Net gains on investments||||| |Net income/(expenditure)||13,240|13,240|(5,597)| |Transfers
between
funds||||| |Net income/(expenditure)
before other gains/(losses)||13,240|13,240|(5,597)| |Other gains and losses||||| |Net movement
in funds||13,240|13,240|(5,597)| |Reconciliation
offunds:||||| |Total funds brought
forward||896,996|896,996|902,594| |Total funds carried forward||910,236|910,236|896,997| ## |Charity No. 10140|3|1||2022|2021| |---|---|---|---|---|---| |||||f|6| |Fixed assets|||||| |Tangible assets|||7|884,850|884,581| |||||884,850|884,581| |Current assets|||||| |Debtors|||8|20,000|22,094| |Cash at bank and||in hand||35,367|20,240| |||||55,367|42,334| |Creditors: Amount|falling due within one year||9|(29,980)|(29,918)| |Net current assets||||25,387|12,416| |Total assets less current liabilities||||910,237|896,997| |Net assets excluding||pension asset or liability||910,237|896,997| |Total net assets||||910,237|896,997| |The funds ofthe charity|||||| |Restricted funds|||10||| |Unrestricted
funds|||10||| |General funds||||910,237|896,997| |||||910,237|896,997| |Reserves|||10||| |Total funds||||910,237|896,997| |Approved
by the trustees on 31lvlarch 2022|||||| |And signed on their||behalf by:|||| |M. Rashid||||M. K.Yakub|M. R. Ali| |Trustee||||Secretary|Treasurer| ## |1|Statemen|t|of Financial|Activities - prior year|||| |---|---|---|---|---|---|---|---| |||||||Unrestricted|| |||||||funds|Total funds| |||||||2021|2021| |Income and endowments||||from:|||| ||Charitable||activities|||25,054|25,054| ||Other|||||7,137|7,137| |Total||||||32,191|32,191| |Expenditure||on:|||||| ||Other|||||37,788|37,788| |Total||||||37,788|37,788| |Net|income|||||(5597)|(5597)| |Net|income before other||||||| |gains/(losses)||||||(5,597)|(5,597)| |Other gains and losses:|||||||| |Net|movement||in funds|||(5,597)|(5,597)| |Reconciliation|||offunds:||||| |Total funds brought forward||||||902,594|902,594| |Total funds carried forward||||||896,997|896,997| |2|Income from charitable|||activities|||| ||||||Unrestricted|Total|Total| |||||||2022|2021| ||||||E|E|E| ||||||49,043|49,043|25,054| ||||||49,043|49,043|25,054| |3|Other income||||||| ||||||Unrestricted|Total|Total| |||||||2022|2021| ||||||6,579|6,579|7,137| ||||||6,579|6,579|7,137| ## |4|Other expenditure||||||| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Total|Total| |||||||2022|2021| ||Employee costs||||29,892|29,892|26,762| ||Premises costs||||4,264|4,264|5,914| ||Amortisation,
depreciation,||||||| ||impairment,
profit/loss||on||581|581|646| ||disposal offixed assets||||||| ||General administrative|costs|||6,445|6,445|3,266| ||Legal and professional|costs|||1,200|1,200|1,200| ||||||42,382|42,382|37,788| |5|Net income/(expenditure)||before|transfers|||| ||||||2022||2021| ||This is stated after charging:||||E||f| ||Depreciation
ofowned|fixed assets|||581||646| |6|Staff costs||||||| ||||||2022||2021| ||Salaries and wages||||26,762||26,762| ||||||26,762||26,762| ||No employee
received|emoluments||in excess off60,000.|||| |7|Tangible fixed assets||||||| |||||Land and|Plant &|Improvemen|Total| |||||buildings|Machinery|ts|| ||Cost or revaluation||||||| ||At 1April 2021|||780,696|25,047|136,863|942,606| ||Additions|||||850|850| ||At 31March 2022|||780,696|25,047|137,713|943,456| ||Depreciation
and||||||| ||impairment||||||| ||At 1April 2021||||19,233|38,792|58,025| ||Depreciation
charge for||the||581||581| ||year||||||| ||At 31March 2022||||19,814|38,792|58,606| ||Net book values||||||| ||At 31March 2022|||780,696|5,233|98,921|884,850| ||At 31March 2021|||780,696|5,814|98,071|884,581| |8|Debtors||||||| ||||||2022||2021| ||||||E||f| ||Other debtors||||20,000||22,094| ||||||20,000||22,094| |9|Creditors:|||||||||| |---|---|---|---|---|---|---|---|---|---|---| ||amounts|falling due within|||one|year||||| |||||||||2022||2021| |||||||||f||6| ||Other loans|||||||9,000||9,000| ||Other taxes||and social security|||||14,783||12,882| ||Other creditors|||||||2,597||5,637| ||Accruals|||||||3,600||2,400| |||||||||29,980||29,919| |10|Movement||in funds|||||||| |||||||||Incoming||| |||||||||resources||At 31| |||||||||(including|Resources|March| |||||||||other|expended|2022| ||||||||At 1April|gains/losses||| ||||||||2021|)||| |||||||||f||| ||Restricted|funds:||||||||| ||Unrestricted|||funds:||||||| ||General funds||||||896,996|55,622|(42,382)|910,236| ||Total funds||||||896,996|55,622|(42,382)|910,236| |11|Analysis of||net assets between|||funds||||| ||||||||||Unrestricted|| |||||||||||Total| ||||||||||funds|| ||||||||||6|f| ||Fixed assets||||||||884,850|884,850| ||Net current||assets||||||25,386|25,386| ||||||||||910,236|910,236| |12|Reconciliation|||ofnet debt||||||| |||||||||||At 31| |||||||||At 1April||March| |||||||||2021|Cash flows|2022| |||||||||6|6|6| ||Cash and|cash equivalents||||||20,241|15,125|35,366| |||||||||20,241|15,125|35,366| ||Borrowings|||||||(9,000)||(9,000)| |||||||||(9,000)||(9,000)| ||Net debt|||||||11,241|15,125|26,366| ## |for the year ended|31||arch 2022|||| |---|---|---|---|---|---|---| |||||Unrestricted||| |||||funds|Total funds|Total funds| |||||2022|2022|2021| |||||E|E|E| |Income and endowments|||from:|||| |Charitable
activities||||||| |||||49,043|49,043|25,054| |||||49,043|49,043|25,054| |Other||||||| |||||6,579|6,579|7,137| |||||6,579|6,579|7,137| |Total income and endowments||||55,622|55,622|32,191| |Expenditure
on:||||||| |Emp Ioyee costs||||||| |Salaries/wages||||26,762|26,762|26,762| |Temporary
staff||||3,130|3,130|| |||||29,892|29,892|26,762| |Premises costs||||||| |Rates||||1,309|1,309|2,499| |Light, heat and power||||2,955|2,955|3,415| |||||4,264|4,264|5,914| |General administrative|||costs,|||| |including
depreciation||and||||| |amortisation||||||| |Depreciation
of Plant||Ik||581|581|646| |Ivlachinery||||||| |Depreciation
of Improvements||||||| |Bad debts||||2,527|2,527|| |Bank charges||||316|316|104| |Equipment
repairs
maintenance|and|||660|660|131| |General
insurances||||2,146|2,146|1,771| |Information
and publications||||796|796|1,260| |||||7,026|7,026|3,912| |Legal and professional||costs||||| |Accountancy
and|bookkeeping|||1,200|1,200|1,200| |||||1,200|1,200|1,200| |Total ofexpenditure|of|other costs||42,382|42,382|37,788| |Tota I expenditure||||42,382|42,382|37,788| |Net gains on investments||||||| |Net income/(expenditure)||||13,240|13,240|(5,597)| |r|Surrey Islamic Trust||||| |---|---|---|---|---|---| ||Detailed Statement of Financial Activities||||| ||Net income/(expenditure)
other gains/(losses)|before|13,240|13,240|(5,597)| ||Other Gains||||| ||Net movement
in funds||13,240|13,240|(5,597)| ||Reconciliation
offunds:||||| ||Total funds brought forward||896,996|896,996|902,594| ||Total funds carried forward||910,236|910,236|896,997|