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 1 **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| 7 ## **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| |---|---|---| 9 ## **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| |---|---|---| 10