Registered number 02471953
Gujerati Sunni Muslim Society Limited
Report and Accounts
31 March 2024
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 Mustakali Ismail Mohmed - appointed 20.12.23 Mr Zabeer Ahmed Patel - appointed 1.6.23 / resigned 11.12.23 Salim Ahmed Patel - appointed 1.4.23 / resigned 21.12.23 Mr Salim Vali Kauji - appointed 1.4.23 Mr Aarif Gulam Patel - appointed 20.12.23 Mr Mahammedikram Daudbhai Patel - appointed 20.12.23
President
Mr Mustak Chabbu - appointed 20.12.23
Secretary
Rafiqahmed Daud Patel - appointed 20.12.23
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 2024.
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 Rafiqahmed Daud Patel Mr Aarif Gulam Patel Mr Salim Vali Kauji Mr Mahammedikram Daudbhai Patel Mr Mustakali Ismail Mohmed Mr Zabeer Ahmed Patel Mr Salim 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 27 January 2025 and signed by its order.
Mr Rafiqahmed Daud 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 2024. 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
27 January 2025
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Gujerati Sunni Muslim Society Limited Income and Expenditure Account for the year ended 31 March 2024
| Turnover Administrative expenses Other operating income Operating (loss)/surplus Interest receivable (Deficit)/surplus before taxation Tax on (loss)/profit (Loss)/surplus for the financial year |
2024 £ 136,679 (201,614) - (64,935) 4,539 (60,396) - (60,396) |
2023 £ 149,329 (140,700) 147,400 156,029 842 156,871 - 156,871 |
|---|---|---|
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Gujerati Sunni Muslim Society Limited Statement of Changes in Capital and reserves for the year ended 31 March 2024
| At 1 April 2022 Surplus for the financial year At 31 March 2023 At 1 April 2023 Deficit for the financial year At 31 March 2024 |
Income & expenditure account £ 1,990,550 156,871 2,147,421 2,147,421 (60,396) 2,087,025 |
Total £ 1,990,550 156,871 2,147,421 2,147,421 (60,396) 2,087,025 |
|---|---|---|
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Gujerati Sunni Muslim Society Limited Registered number: 02471953 Balance Sheet as at 31 March 2024
| 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 |
2024 £ 1,615,114 - 473,856 473,856 (1,945) 471,911 2,087,025 2,087,025 2,087,025 |
2023 £ 1,614,814 288 533,794 534,082 (1,475) 532,607 2,147,421 2,147,421 2,147,421 |
|---|---|---|
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 27 January 2025
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Gujerati Sunni Muslim Society Limited Notes to the Accounts for the year ended 31 March 2024
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 2024 Number Average number of persons employed by the company 1 3 Tangible fixed assets Land and buildings Fixtures, fittings and equipment Motor vehicles £ £ £ Cost At 1 April 2023 1,563,230 191,487 6,925 Additions - 6,069 - At 31 March 2024 1,563,230 197,556 6,925 Depreciation At 1 April 2023 - 139,907 6,921 Charge for the year - 5,765 4 At 31 March 2024 - 145,672 6,925 Net book value At 31 March 2024 1,563,230 51,884 - At 31 March 2023 1,563,230 51,580 4 4 Debtors 2024 £ Other debtors - |
2023 Number 1 Total £ 1,761,642 6,069 1,767,711 146,828 5,769 152,597 1,615,114 1,614,814 2023 £ 288 |
|---|---|
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Gujerati Sunni Muslim Society Limited Notes to the Accounts
for the year ended 31 March 2024
| 5 Creditors: amounts falling due within one year Taxation and social security costs Other creditors |
2024 £ 101 1,844 1,945 |
2023 £ - 1,475 1,475 |
|---|---|---|
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
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Gujerati Sunni Muslim Society Limited Detailed income and expenditure account for the year ended 31 March 2024
This schedule does not form part of the statutory accounts
| Turnover Administrative expenses Other operating income Operating (loss)/surplus Interest receivable (Loss)/surplus before tax |
2024 £ 136,679 (201,614) - (64,935) 4,539 (60,396) |
2023 £ 149,329 (140,700) 147,400 156,029 842 156,871 |
|---|---|---|
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Gujerati Sunni Muslim Society Limited Detailed income and expenditure account for the year ended 31 March 2024
This schedule does not form part of the statutory accounts
| Turnover Car park fee Friday collections NHS building rent Hall and pan rent Jalsa & Eid collections Lillah donations Youth donations Nikah fee Ramadan fund and membership fee Solar power Community centre 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, printing and postage Hafiz, alim and guest khidmet Jalsa expense Burial and funeral expense Bank and terminal charges Insurance Software Repairs, renewals and maintenance Depreciation Nikah (marriage) expense Youth events and gifts Donation - SDI Donation - India Fundraising - maksud yusuf relief fund Sundry expenses Legal and professional costs: Accountancy fees Other legal and professional Other operating income Insurance claim |
2024 £ 23,458 12,866 8,125 28,943 1,327 13,851 10,698 562 34,140 2,709 - - 136,679 17,379 17,379 7,958 19,023 7,468 34,449 384 234 - 1,390 1,625 110 11,778 144 111,069 5,769 75 2,983 7,782 4,900 - - 148,243 850 693 1,543 201,614 - |
2023 £ 18,113 17,359 7,500 30,845 3,053 22,622 9,924 940 35,161 494 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 |
|---|---|---|
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