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||||||Page|
|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating
the|||director's|report)||
|Independent
auditor's|report to|the members||||
|Statement
of financial|activities|(including|income and|||
|expenditure
account)|||||10|
|Statement
of financial|position|||||
|Statement
ofcash flows|||||12|
|Notes to the financial|statements||||13|
|The following
pages|do not form part ofthe financial statements|||||
|Detailed statement
of|financial|activities|||24|
|Notes to the detailed|statement|of financial|activities||25|
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|Registered|charity|name|name|ILFORD ISLAMIC CENTRE LIMITED|ILFORD ISLAMIC CENTRE LIMITED|ILFORD ISLAMIC CENTRE LIMITED|||
|---|---|---|---|---|---|---|---|---|
|Charity registration||number||1019462|||||
|Company|registration||number|02675044|||||
|Principal office and||registered||54-56 Albert Road|||||
|office||||llford|||||
|||||Essex|||||
|||||IG1 1HW|||||
|The trustees|||||||||
|||||Ghazanfer
Ali|||||
|||||Ghulam
Hussain|||||
|||||Mustak Patel||Deceased|during|the year|
|||||Gultasab
Hussain|||||
|||||Mohammed
Ashfaq|||||
|||||Lal Hussain|||||
|||||Mushood
Haider|||||
|||||Muhammad
Imtiaz|||||
|||||Zubair Patel|||||
|||||Nadeem
Shakir|||||
|Company|secretary|||A NAWAZ|||||
|Auditor||||Saleemi Associates|||||
|||||Chartered
accountants|8 statutory|auditor|||
|||||792 Wickham
Road|||||
|||||Croydon
CRO 8EA|||||
|Bankers||||Barclays Bank Plc|||||
|||||High Road|||||
|||||llford|||||
|||||Essex|||||
|||||IG1 1DE|||||
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||||||||2021||2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|||
|||||||funds|funds|Total funds|Total funds|
||||||Note|f|f|f|f|
|Income and|endowments|||||||||
|Donations
and legacies|||||5|235,578|29,995|265,573|231,912|
|Total income||||||235,578|29,995|265,573|231,912|
|Expenditure||||||||||
|Expenditure|on raising funds:|||||||||
|Costs|of raising|donations||and||||||
|legacies|||||6||29,995|29,995|5,689|
|Expenditure|on charitable||activities||7,8|216,820|—|216,820|258,661|
|Total expenditure||||||216,820|29,995|246,815|264,350|
|Net income/(expenditure)|||and|net||||||
|movement|in funds|||||18,758||18,758|(32,4381|
|Reconciliation
offunds||||||||||
|Total funds|brought|forward||||3,080,060|1,098,642|' 4,178,702|4,211,140|
|Total funds|carried|forward||||3,098,818|1,098,642|4,197,460|4,178,702|
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|Statement of
30June 2021|Fin|ancia|l
Position|||||
|---|---|---|---|---|---|---|---|
||||||2021||2020|
|||||Note|||E|
|Fixed assets||||||||
|Tangible
fixed assets||||13||3,923,803|3,942,921|
|Current assets||||||||
|Debtors||||14|2,029||5,889|
|Cash at bank and|in|hand|||446,905||411,520|
||||||448,934||417,409|
|Creditors: amounts||falling|due within one year|16|127,526||118,877|
|Net current assets||||||321,408|298,532|
|Total assets less|current||liabilities|||4,245,211|4,241,453|
|Creditors: amounts||falling|due after more than|||||
|one year||||17||47,751|62,751|
|Net assets||||||4,197,460|4,178,702|
|Funds ofthe charity||||||||
|Restricted
funds||||||1,098,642|1,098,642|
|Unrestricted
funds||||||3,098,818|3,080,060|
|Total charity funds||||20||4,197,460|4,178,702|
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||||2021|2020|
|---|---|---|---|---|
||||E|E|
|Cash flows from operating|activities||||
|Net income/(expenditure)|||18,758|(32,438)|
|Adjustments
for:|||||
|Depreciation
oftangible
fixed assets|||19,118|19,162|
|Government
grant income|||(62,088)|(20,923)|
|Interest payable
and similar|charges||5|876|
|Changes in:|||||
|Trade and other debtors|||3,860|(5,149)|
|Trade and other creditors|||(6,351)|(49,441)|
|Cash generated
from operations|||(26,698)|(87,913)|
|Interest
paid|||(5)|(876)|
|Net cash used
in operating|activities||(26,703)|(88,789)|
|Cash flows from financing|activities||||
|Government
grant income|||62,088|20,923|
|Net cash from financing
activities|||62,088|20,923|
|Net increase/(decrease)
in cash and cash||equivalents|35,385|(67,866)|
|Cash and cash equivalents|at beginning|ofyear|411,520|479,386|
|Cash and cash equivalents|at end ofyear||446,905|411,520|
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|Ye|ar ended 3|ar ended 3|ar ended 3|0June 2021|0June 2021|0June 2021||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|5.|Donations|||and legacies||||||||
||||||||||Unrestricted|Restricted|Total Funds|
||||||||||Funds|Funds|2021|
||||||||||E|V|E|
||Donations|||||||||||
||Donations|||and funeral||income|||156,380|13,005|169,385|
||Madrassa||fee income||||||7,620||7,620|
||Day Care||Community|||Centre|||5,050||5,050|
||Fitra|||||||||16,990|16,990|
||Grants|||||||||||
||Government|||grant|income||||62,088||62,088|
||Other donations||||and|legacies||||||
||Membership|||fee|||||2,440||2,440|
||Donated||audit fee||||||2,000||2,000|
||||||||||235,578|29,995|265,573|
||||||||||Unrestricted|Restricted|Total Funds|
||||||||||Funds|Funds|2020|
||||||||||E|E|E|
||Donations|||||||||||
||Donations||and funeral|||income|||140,565||140,565|
||Madrassa||fee income||||||37,4'1 0,||37,410|
||Day Care||Community|||Centre|||26,175||26,175|
||Fitra|||||||||4,689|4,689|
||Grants|||||||||||
||Government|||grant|income||||20,923||20,923|
||Other donations
and|||||legacies||||||
||Membership|||fee|||||150||150|
||Donated|audit fee|||||||2,000||2,000|
||||||||||227,223|4,689|231,912|
|6.|Costs of raising donations||||||and legacies|||||
||||||||||Unrestricted|Restricted|Total Funds|
||||||||||Funds|Funds|2021|
||||||||||E|E|E|
||Costs of raising donations||||||and legacies|- Donations||29,995|29,995|
||||||||||Unrestricted|Restricted|Total Funds|
||||||||||Funds|Funds|2020|
||||||||||E|E|E|
||Costs of raising donations||||||and legacies|- Donations|1,000|4,689|5,689|
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|7.|Expenditure
on charit||able
activities|by|fund type||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2021|Funds|2020|
||||||E|E|E|E|
||Mosque activities||||135,274|135,274|170,013|170,013|
||Madrassa
activities||||41,549|41,549|46,128|46,128|
||Day Care Community
Support costs||Centre||15,719
24,278|15,719
24,278|17,552
24,968|17,552
24,968|
||||||216,820|216,820|258,661|258,661|
|8.|Expenditure
on charitable
activities|||by|activity type||||
||||||Activities||||
||||||undertaken|Support|Total funds|Total fund|
||||||directly|costs|2021|2020|
||||||E|E|E|E|
||Mosque activities||||135,274|3,155|138,429|172,943|
||Madrassa
activities||||4'l,549||41,549|46,128|
||Day Care Community|Centre|||15,719||15,719|17,552|
||Governance
costs|||||21,123|21,123|22,038|
||||||192,542|24,278|216,820|258,661|
|9.|Net income/(expenditure)||||||||
||Net income/(expenditure)||is stated after charging/(crediting):||||||
||||||||2021|2020|
||||||||f|E|
||Depreciation
oftangible||fixed assets||||19,118|'19,162|
|10.|Auditors
remuneration||||||||
||||||||2021|2020|
||||||||E|E|
||Fees payable
for the audit ofthe financial||||statements||2,000|2,000|
|Staffcos|ts|||||
|---|---|---|---|---|---|
|The total|staff costs and|employee|benefits for the reporting|period are analysed
as|follows:|
|||||2021|2020|
|||||f|E|
|Wages and salaries||||127,157|152,680|
|Social security costs||||6,603|7,075|
|Employer|contributions|to pension|plans|1,328|1,491|
|||||135,088|161,246|
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|full-time|equ|ivalent
emplo|yees
during
the year is anal|
ysed
as follows:||
|---|---|---|---|---|---|
|||||2021|2020|
|||||No.|No.|
|Number|of|Imam||2|2|
|Number|of|administrative|staff|15|18|
|||||17|20|
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|Tangible fixed ass|ets|||||||
|---|---|---|---|---|---|---|---|
||||Land and|Fixtures and||Motor||
||||buildings|fittings|vehicles||Total|
||||E|E||f|E|
|Cost||||||||
|At 1 July 2020 and 30June 2021|||3,918,008|213,2'1 2||5,000|4,136,220|
|Depreciation||||||||
|At 1 July 2020|||29,086|160,050||4,163|193,299|
|Charge for the year|||9,746|9,205||167|19,118|
|At 30June 2021|||38,832|169,255||4,330|212,417|
|Carrying
amount||||||||
|At 30June 2021|||3,879,176|43,957||670|3,923,803|
|At 30June 2020|||3,888,922|53,162||837|3,942,921|
|Title deeds relating|to all the properties||are registered|in the name of|Charity|and are|held by the|
|Trustees
on behalf|of the|Charity.||||||
|Debtors||||||||
|||||||2021|2020|
|||||||f|E|
|Prepayments
and accrued||income||||740||
|Other debtors||||||1,289|5,889|
|||||||2,029|5,889|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||f|E|
||Barclays Bank||||331,110|310,490|
||Barclays Funeral||account||106,195|97,345|
||Cash
in hand||||151|32|
||Paypal||||9,449|3,653|
||||||446,905|411,520|
|16.|Creditors: amounts|||falling due within one year|||
||||||2021|2020|
||||||f|E|
||Social security|and||other taxes|10,706|7,933|
||Pension payable||||308|253|
||SADQA||||10,317|13,346|
||Other creditors||||106,195|97,345|
||||||127,526|118,877|
|17.|Creditors: amounts|||falling due after more than one year|||
||||||2021|2020|
||||||f|E|
||QARZ-e- HASSNA|||—Long term interest free loan|47,751|62,751|
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|||||||||||At|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||At|||30June 202|
||||||||1 July 2020|Income|Expenditure|1|
||||||||E|E|E|E|
||General|funds|||||3,080,060|235,578|(2'I6,820)|3,098,818|
||||||||At|||At|
||||||||1 July 20I9|Income|Expenditure|30June 2020|
||||||||E|E|E|E|
||General|funds|||||3,112,498|227,223|(259,661)|3,080,060|
||Restricted||funds||||||||
|||||||||||At|
||||||||At|||30June 202|
||||||||1 July 2020|Income|Expenditure|1|
||||||||E|E|E|E|
||Restricted||Fund||||1,098,642|29,995|(29,995)|1,098,642|
||||||||At|||At|
||||||||1 July 2019|Income|Expenditure|30June 2020|
||||||||E|E|E|E|
||Restricted||Fund||||1,098,642|4,689|(4,689)|1,098,642|
|21.|Analysis|of net assets between||||funds|||||
|||||||||Unrestricted|Restricted|Total Funds|
|||||||||Funds|Funds|2021|
|||||||||E|E|f|
||Tangible|fixed assets||||||2,825,161|1,098,642|3,923,803|
||Current|assets||||||448,934||448,934|
||Creditors|less than||1 year||||(127,526)||(127,526)|
||Creditors|greater than|||1 year|||(47,751)||(47,751)|
||Net assets|||||||3,098,818|1,098,642|4,197,460|
|||||||||Unrestricted|Restricted|Total Funds|
|||||||||Funds|Funds|2020|
|||||||||E|E|E|
||Tangible|fixed assets||||||2,844,279|1,098,642|3,942,921|
||Current|assets||||||417,409||417,409|
||Creditors|less than||1 year||||(118,877)||(118,877)|
||Creditors|greater than|||1 year|||(62,751)||(62,751)|
||Net assets|||||||3,080,060|1,098,642|4,178,702|
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|Analy|sis|ofc|han|ges|
in net debt|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||At||
|||||||At|1|Jul 2020|Cash flows|30Jun|2021|
|||||||||E|E||f|
|Cash|at|bank|and|in|hand|||411,520|35,385|446,905||
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