Registered number 02471953
Gujerati Sunni Muslim Society Limited
Report and Accounts
31 March 2023
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 - resigned 12.5.22 Mr Salim Vali Kauji - resigned 30.5.22 Mr Mustakali Ismail Mohmed - resigned 25.5.22 Mr Zabeer Ahmed Patel - appointed 1.6.23 Mr Saiyed Ali - resigned 12.5.22 Yasin Yakub Patel - resigned 30.5.22 Mr Lukman Salim Patel Mr Mobin Mahetaji - resigned 29.3.23 Mr Sabir Musa - resigned 29.3.23 Mr Mohsin Husein Patel - resigned 30.3.23 Mr Mohammed Iqbal Adam - appointed 1.6.22 / resigned 7.7.22 Mr Saeed Vali Ahmed - resigned 29.3.23 Salim Ahmed Patel - appointed 1.4.23 Suleman Hasan Adam - resigned 30.3.23
President
Mr Mustak Chabbu - resigned 29.3.23 Mr Daud Yakub Musa Patel
Secretary
Mr Arif Patel - resigned 30.3.23 Mr Salim Vali Kauji - appointed 1.4.23
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 2023.
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 Mustaq Chabbu Mr Inayat Angraj Mr Daud Yakub Musa Patel Mr Salim Vali Kauji Mr Mustakali Ismail Mohmed Mr Saiyed Ali Mr Mobin Mahetaji Mr Lukman Salim Patel Mr Mohsin Husein Patel Mr Yasin Yakub Patel Mr Arif Patel Mr Sabir Musa Mr Saeed Vali Ahmed Mr Mohammed Iqbal Adam Mr Suleman Hasan Adam
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 18 March 2024 and signed by its order.
Mr Arif Patel Secretary
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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 2023. 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
18 March 2024
3
Gujerati Sunni Muslim Society Limited Income and Expenditure Account for the year ended 31 March 2023
| Turnover Administrative expenses Other operating income Operating surplus Interest receivable Surplus before taxation Tax on profit Surplus for the financial year |
2023 £ 149,329 (140,700) 147,400 156,029 842 156,871 - 156,871 |
2022 £ 158,368 (101,009) - 57,359 30 57,389 - 57,389 |
|---|---|---|
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Gujerati Sunni Muslim Society Limited Registered number: 02471953 Balance Sheet as at 31 March 2023
| Notes Fixed assets Tangible assets 3 Current assets Debtors 4 Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Net assets Capital and reserves Retained surplus Members' funds |
2023 £ 1,614,814 288 533,794 534,082 (1,475) 532,607 2,147,421 2,147,421 2,147,421 |
2022 £ 1,620,547 - 371,142 371,142 (1,139) 370,003 1,990,550 1,990,550 1,990,550 |
|---|---|---|
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 18 March 2024
5
Gujerati Sunni Muslim Society Limited Statement of Changes in Capital and reserves for the year ended 31 March 2023
| At 1 April 2021 Surplus for the financial year At 31 March 2022 At 1 April 2022 Surplus for the financial year At 31 March 2023 |
Income & expenditure account £ 1,933,161 57,389 1,990,550 1,990,550 156,871 2,147,421 |
Total £ 1,933,161 57,389 1,990,550 1,990,550 156,871 2,147,421 |
|---|---|---|
6
Gujerati Sunni Muslim Society Limited Notes to the Accounts for the year ended 31 March 2023
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 Average number of persons employed by the company |
2023 Number 1 |
2022 Number 1 |
|---|---|---|
- 3 Tangible fixed assets
| Cost At 1 April 2022 At 31 March 2023 Depreciation At 1 April 2022 Charge for the year At 31 March 2023 Net book value At 31 March 2023 At 31 March 2022 Debtors Other debtors |
Land and buildings £ 1,563,230 1,563,230 - - - 1,563,230 1,563,230 |
Fixtures, fittings and equipment £ 191,487 191,487 134,175 5,732 139,907 51,580 57,312 |
Motor vehicles £ 6,925 6,925 6,920 1 6,921 4 5 2023 £ 288 |
Total £ 1,761,642 1,761,642 141,095 5,733 146,828 1,614,814 1,620,547 2022 £ - |
|---|---|---|---|---|
- 4 Debtors
7
Gujerati Sunni Muslim Society Limited Notes to the Accounts
for the year ended 31 March 2023
| 5 Creditors: amounts falling due within one year Taxation and social security costs Other creditors |
2023 £ - 1,475 1,475 |
2022 £ 288 851 1,139 |
|---|---|---|
6 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 2023
This schedule does not form part of the statutory accounts
| Turnover Administrative expenses Other operating income Operating surplus Interest receivable Surplus before tax |
2023 £ 149,329 (140,700) 147,400 156,029 842 156,871 |
2022 £ 158,368 (101,009) - 57,359 30 57,389 |
|---|---|---|
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Gujerati Sunni Muslim Society Limited Detailed income and expenditure account for the year ended 31 March 2023
This schedule does not form part of the statutory accounts
| Turnover Car park fee Friday collections NHS building rent Funeral and cemetery fund Hafiz fund Hall and pan rent Jalsa & Eid collections Lillah donations Fundraising donations Youth donations Nikah fee Ramadan fund and membership fee Solar power Community centre Grant funding - youth club activities 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 Sadqa donations Hafiz, alim and guest khidmet Jalsa expense Bank charges Insurance Digital radio equipment Repairs, renewals and maintenance Depreciation Nikah (marriage) expense Youth events and gifts Fundraising - maksud yusuf relief fund Ramadhan calenders Sundry expenses Legal and professional costs: Accountancy fees Other legal and professional Other operating income Insurance claim |
2023 £ 18,113 17,359 7,500 - 2,487 30,845 3,053 22,622 - 9,924 940 32,674 494 1,978 - 1,340 149,329 16,796 16,796 8,999 16,345 4,917 30,261 376 1,190 - 13,828 - 72 463 - 68,990 5,732 350 - 40 - 767 91,808 850 985 1,835 140,700 147,400 |
2022 £ 10,930 16,000 7,500 372 1,851 31,063 1,943 22,208 7,908 - 910 31,892 873 - 24,808 110 158,368 14,142 14,142 5,094 11,606 3,149 19,849 409 124 1,344 5,480 1,180 - 6,366 4,856 16,161 6,370 105 15,808 7,750 190 25 66,168 850 - 850 101,009 - |
|---|---|---|
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