Registered number 02471953
Gujerati Sunni Muslim Society Limited
Report and Accounts
31 March 2021
Gujerati Sunni Muslim Society Limited Report and accounts Contents
| Page | |
|---|---|
| Company information | 1 |
| Directors' report | 2 |
| Accountants' report | 3 |
| Income and expenditure account | 4 |
| Balance sheet | 5 |
| Statement of changes in capital reserves | 6 |
| Notes to the accounts | 7 |
Gujerati Sunni Muslim Society Limited Company Information
Directors
Mr Inayat Angraj Mr Ikram Adam - resigned 1.4.21 Mr Imran Degmaster - resigned 1.4.20 Mr Salim Vali Kauji - apointed 1.4.19 Mr Mustakali Ismail Mohmed - apointed 1.4.19 Mr Aarif Gulam Patel - resigned 1.4.21 Mr Zabeer Ahmed Patel - appointed 1.4.20 Mr Saiyed Ali - appointed 1.4.20 Mr Daud Yakub Musa Patel Mr Lukman Salim Patel - appointed 1.4.21 Mr Mobin Mahetaji - appointed 1.8.21
President
Mr Mustak Chabbu
Secretary
Mr Arif Patel - resigned 1.4.21 Yasin Yakub Patel - appointed 1.4.21
Accountants
AM 64 Stephenson Terrace Deepdale Road Preston Lancashire PR1 5AR
Bankers
Barclays Bank
Registered office
Masid - e - noor Noor Street Preston Lancashire PR1 1QS
Registered number
02471953
Registered Charity Number
1018317
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Gujerati Sunni Muslim Society Limited Registered number: 02471953 Directors' Report
The directors present their report and accounts for the year ended 31 March 2021.
Principal activities
The company's principal activity during the year continued to be the promotion of islamic history and culture in accordance with the sunni faith.
Directors
The following persons served as directors during the year:
Mr Mustak Chabbu Mr Arif Patel Mr Inayat Angraj Mr Daud Yakub Musa Patel Mr Ikram Adam Mr Imran Degmaster Mr Salim Vali Kauji Mr Mustakali Ismail Mohmed Mr Arif Gulam Patel Saiyed Ali Zabeer Ahmed Patel
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 3 December 2021 and signed by its order.
Mr Arif Patel Secretary
2
Gujerati Sunni Muslim Society Limited Accountants' Report
Accountants' report to the directors of Gujerati Sunni Muslim Society Limited
You consider that the company is exempt from an audit for the year ended 31 March 2021. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its surplus or deficit for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Income and Expenditure Account, the Balance Sheet, the Statement of Changes in Capital reserves and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
AM Chartered Certified Accountants
64 Stephenson Terrace Deepdale Road Preston Lancashire PR1 5AR
3 December 2021
3
Gujerati Sunni Muslim Society Limited Income and Expenditure Account for the year ended 31 March 2021
| Turnover Administrative expenses Operating surplus Interest receivable Surplus before taxation Tax on profit Surplus for the financial year |
2021 £ 89,530 (84,017) 5,513 211 5,724 - 5,724 |
2020 £ 145,149 (98,687) 46,462 607 47,069 - 47,069 |
|---|---|---|
4
Gujerati Sunni Muslim Society Limited Registered number: 02471953 Balance Sheet as at 31 March 2021
| Notes Fixed assets Tangible assets 3 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Net assets Capital and reserves Retained surplus Members' funds |
2021 £ 1,626,916 307,245 (1,000) 306,245 1,933,161 1,933,161 1,933,161 |
2020 £ 1,630,539 297,898 (1,000) 296,898 1,927,437 1,927,437 1,927,437 |
|---|---|---|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The income and expenditure account has not been delivered to the Registrar of Companies.
Mr Mustak Chabbu Director
Approved by the board on 3 December 2021
5
Gujerati Sunni Muslim Society Limited Statement of Changes in Capital and reserves for the year ended 31 March 2021
| At 1 April 2019 Surplus for the financial year At 31 March 2020 At 1 April 2020 Surplus for the financial year At 31 March 2021 |
Income & expenditure account £ 1,880,368 47,069 1,927,437 1,927,437 5,724 1,933,161 |
Total £ 1,880,368 47,069 1,927,437 1,927,437 5,724 1,933,161 |
|---|---|---|
6
Gujerati Sunni Muslim Society Limited Notes to the Accounts for the year ended 31 March 2021
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the value of charitable gifts, donations and rentals received in the financial year.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Plant and machinery | 10% Reducing Balance | ||
|---|---|---|---|
| Equipment, Fixtures & Fittings | 10% Reducing Balance | ||
| Computer Equipment | 10% Reducing Balance | ||
| Motor vehicles | 25% Reducing Balance | ||
| 2 | Employees | 2021 | 2020 |
| Number | Number | ||
| Average number of persons employed by the company 1 |
1 | ||
| 3 | Tangible fixed assets |
| Plant and machinery 10% Reducing Balance Equipment, Fixtures & Fittings 10% Reducing Balance Computer Equipment 10% Reducing Balance Motor vehicles 25% Reducing Balance 2 Employees 2021 Number Average number of persons employed by the company 1 3 Tangible fixed assets |
Plant and machinery 10% Reducing Balance Equipment, Fixtures & Fittings 10% Reducing Balance Computer Equipment 10% Reducing Balance Motor vehicles 25% Reducing Balance 2 Employees 2021 Number Average number of persons employed by the company 1 3 Tangible fixed assets |
Plant and machinery 10% Reducing Balance Equipment, Fixtures & Fittings 10% Reducing Balance Computer Equipment 10% Reducing Balance Motor vehicles 25% Reducing Balance 2 Employees 2021 Number Average number of persons employed by the company 1 3 Tangible fixed assets |
Plant and machinery 10% Reducing Balance Equipment, Fixtures & Fittings 10% Reducing Balance Computer Equipment 10% Reducing Balance Motor vehicles 25% Reducing Balance 2 Employees 2021 Number Average number of persons employed by the company 1 3 Tangible fixed assets |
Plant and machinery 10% Reducing Balance Equipment, Fixtures & Fittings 10% Reducing Balance Computer Equipment 10% Reducing Balance Motor vehicles 25% Reducing Balance 2 Employees 2021 Number Average number of persons employed by the company 1 3 Tangible fixed assets |
2020 Number 1 |
|---|---|---|---|---|---|
| Cost At 1 April 2020 Additions At 31 March 2021 Depreciation At 1 April 2020 Charge for the year At 31 March 2021 Net book value At 31 March 2021 At 31 March 2020 |
Land and buildings £ 1,563,230 - 1,563,230 - - - 1,563,230 1,563,230 |
Fixtures, fittings and equipment £ 188,032 3,455 191,487 120,732 7,075 127,807 63,680 67,300 |
Motor vehicles £ 6,925 - 6,925 6,916 3 6,919 6 9 |
Total £ 1,758,187 3,455 1,761,642 127,648 7,078 134,726 1,626,916 1,630,539 |
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Gujerati Sunni Muslim Society Limited Notes to the Accounts
for the year ended 31 March 2021
| 4 Creditors: amounts falling due within one year Taxation and social security costs Other creditors |
2021 £ 149 851 1,000 |
2020 £ 149 851 1,000 |
|---|---|---|
5 Other information
Gujerati Sunni Muslim Society Limited is a private company limited by shares and incorporated in England. Its registered office is:
Masid - e - noor
Noor Street
Preston Lancashire PR1 1QS
8
Gujerati Sunni Muslim Society Limited Detailed income and expenditure account for the year ended 31 March 2021
This schedule does not form part of the statutory accounts
| Turnover Administrative expenses Operating surplus Interest receivable Surplus before tax |
2021 £ 89,530 (84,017) 5,513 211 5,724 |
2020 £ 145,149 (98,687) 46,462 607 47,069 |
|---|---|---|
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Gujerati Sunni Muslim Society Limited Detailed income and expenditure account for the year ended 31 March 2021
This schedule does not form part of the statutory accounts
| Turnover Car park fee Friday collections Digital radio equipment fees NHS building rent Funeral and cemetery fund Hafiz fund Hall and pan rent Jalsa collections Lillah donations Nikah fee Ramadan fund and membership fee Sadka, zakat and fitrana Solar power Donations - hospital trolley and trays Donations - carpets Other Administrative expenses Employee costs: Wages and salaries Premises costs: Rates and water charges Light and heat Cleaning and laundry General administrative expenses: Telephone and fax Stationery and printing Donations - hospital trolley and trays Hafiz, alim and guest khidmet Jalsa expense Burial and funeral expense Insurance Digital radio equipment Repairs and maintenance Depreciation Nikah (marriage) expense Youth events and gifts Sundry expenses Legal and professional costs: Accountancy fees Other legal and professional |
2021 £ 10,322 7,412 - 6,250 - 933 6,750 2,747 18,308 1,290 30,880 1,038 493 - - 3,107 89,530 18,167 18,167 5,906 8,197 2,943 17,046 252 1,103 - - - 2,158 6,433 - 25,832 7,078 525 2,250 1,670 47,301 850 653 1,503 84,017 |
2020 £ 23,627 11,676 1,240 6,875 1,115 3,190 33,635 - 14,510 1,061 27,925 3,104 846 6,805 8,400 1,140 145,149 17,098 17,098 7,410 14,031 5,161 26,602 263 216 6,805 775 48 - 1,596 830 28,199 7,481 455 4,180 721 51,569 850 2,568 3,418 98,687 |
|---|---|---|
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