# ## ## ## ## |||Pages| |---|---|---| |Trustees'
annual
report||1to4| |Independent
examiner's
report|to the trustees|| |Statement
offinancial
activities||| |Statement
offinancial
position||| |Notes to the financial statements||8to 13| |The following
pages do not form part ofthe financial statements||| |Detailed statement
offinancial|activities|15| ## ## |Reference|and administrative|and administrative|and administrative|details|| |---|---|---|---|---|---| |Registered||charity|name|Islamic Trust|Maidenhead| |Charity registration|||number|1034710|| |Principal office||||The Mosque|| |||||Holmanleaze|| |||||Maidenhead|| |||||SL6 8AW|| |||||Berkshire|| |The trustees|||||| |||||Saghir Ahmed|| |||||Arif Zaman|| |||||Sajid Ali Khan|| |||||Zia Mahiudin|| |||||Abid Bhatti|| |||||Mohammed|Riaz Chaudhrey| |||||Riaz Hussain|| |||||Waheed Azam|| |||||Muhammad|Arif Butt| |Company|secretary|||Sajid Ali Khan|| |Independent||examiner||Bilal Amin ACA FCCA|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2022||2021| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted||| ||||funds|funds|Total funds|Total funds| |||Note|8||8|8| |Income and|endowments|||||| |Donations
Other activities||4
5|217,625
5'ooo|19,431|237,056
5,000|185,744
33,440| |Total Income|||222,625|19,431|242,056|219,184| |Expenditure||||||| |Expenditure|to relieve poverty:|||||| |Charitable
payments||6|5,555||5,556|| |Governance|costs|7|114,840||114,840|113,626| |Total expenditure|||120,395||120,395|113,626| |Net income|and net movement|in funds|102,230|19,431|121,661|105,558| |Reconciliation
offunds||||||| |Total funds|brought
forward||1,622,668|1,528,859|3,151,527|3,045,969| |Total funds|carried forward||1,724,898|1,548,290|3,273,188|3,151,527| ## ## ## |||||||2022||2021| |---|---|---|---|---|---|---|---|---| ||||||Note|6|6|E| |Fixed assets||||||||| |Tangible
fixed assets|||||12||1,246,812|1,244,899| |Current assets||||||||| |Debtors|||||13|3,163||2,234| |Cash at bank|and|in|hand|||2,056,100||1,905,689| |||||||2,059,263||1,907,923| |Creditors: amounts|||falling|due within one year|14|32,887||1,295| |Net current|assets||||||2,026,376|1,906,628| |Total assets|less|current||liabilities|||3,273,188|3,151,527| |Net assets|||||||3,273,188|3,151,527| |Funds ofthe charity||||||||| |Restricted funds|||||||1,548,290|1,528,859| |Unrestricted|funds||||||1,724,898|1,622,668| |Total charity|funds||||16||3,273,188|3,151,527| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Donations
and legacies||||| |---|---|---|---|---| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2022| |||E|E|| |Donations||||| |Public general donations||205,411|19,431|224,842| |Zakat, fitrana and appeals|income|12,214||12,214| |Grants||||| |Grants receivable-Furlough|claim|||| |||217,625|19,431|237,066| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2021| |Donations||||| |Public general donations||163,006|11,645|174,652| |Zakat, fltrana and appeals|income|3,788||3,788| |Grants||||| |Grants receivable-Furlough|claim|7,304||7,304| |||174,098|11,645|185,744| ## ## ## |||||||||Unrestricted|Unrestricted|Unrestricted|Total|Total|Funds|Unrestricted|Total|Total|Funds| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||Funds|||2022|Funds|||2021| |||||||||||E|||E|E|||E| ||Fundraising
events income|||||||||5,000|||5,000|33,440||33,440|| |6.|Expenditure|to relieve|poverty||||||||||||||| |||||||||Unrestricted|||Total||Funds|Unrestricted|Total||Funds| |||||||||||Funds|||2022|Funds|||2021| |||||||||||E|||E||||| ||Zakat, fitrana|and appeals|||paid out|||||5,555|||6,565||||| |7.|Expenditure|on charitable|||activities||||||||||||| ||Governance|||||||Unrestricted|||Total||Funds|Unrestricted|Total||Funds| |||||||||||Funds|||2022|Funds|||2021| |||||||||||E|||E||||E| |||costs|||||||114,840|||114,840||113,625||113,626|| |8.|Net Income||||||||||||||||| ||Net income is stated afier|||charging/(crediting):|||||||||||||| |||||||||||||||2022|||2021| |||||||||||||||F|||E| ||Depreciation|oftangible|fixed|||assets||||||||8,103|||7,131| |9.|Independent|examination|||fees||||||||||||| |||||||||||||||2022|||2021| |||||||||||||||E|||E| ||Fees payable|to the independent|||||examiner||for:||||||||| ||Independent|examination||ofthe financial statements||||||||||120|||120| |10.|Staff costs||||||||||||||||| ||The total staff costs and||employee||||benefits||for|the reporting||period are analysed
as|||follows:||| |||||||||||||||2022|||2021| |||||||||||||||E|||E| ||Wages and salaries|||||||||||||20,000||23,005|| ||Social security costs|||||||||||||413|||377| |||||||||||||||20,413||23,382|| ||The average|head count|of||employees|||during||the year|was||1 (2021:|2). The average||number
of|| ||full-time
equivalent
employees|||||during the year||||is analysed||as follows;|||||| |||||||||||||||2022|||2021| |||||||||||||||No.||No.|| ||Imam|||||||||||||1|||2| ||No employee|received employee|||||benefits||of more than||E60,000 during|||the year (2021:||Nil).|| ## ## ## ## |12.|Tangible fixed ass|ets||||| |---|---|---|---|---|---|---| ||||Land and|Fixtures and|Motor|| ||||buildings|fittings
f|vehicles|Total
6| ||Cost|||||| ||At 1 April 2021||1,239,244|86,027|700|1,325,971| ||Additions|||10,016||10,016| ||At 31 March 2022||1,239,244|96,043|700|1,336,987| ||Depreciation|||||| ||At 1 April 2021||14,380|66,422|270|81,072| ||Charge for the year||3,595|4,443|65|8,103| ||At 31 March 2022||17,975|70,865|335|89,175| ||Carrying
amount|||||| ||At 31 March 2022||1,221,269|25,178|365|1,246,812| ||At 31 March 2021||1,224,864|19,605|430|1,244,899| |13.|Debtors|||||| ||||||2022|2021| ||||||E|| ||Prepayments
and accrued income||||3,163|2,234| |14.|Creditors: amounts|falling due within|one year|||| ||||||2022|2021| |||||||F| ||Qarz-e-Hasana||||26,000|| ||Accruals||||120|120| ||Social security and|other taxes|||109|51| ||Other creditors||||7,658|1,124| ||||||32,887|1,295| ## ## ## ## |||||||||At| |---|---|---|---|---|---|---|---|---| ||||||At|||31 March 20| ||||||1 April 2021
f|Income
F|Expenditure
f|22
f| |General|funds||||1,622,668|222,625|(120,395)|1,724,898| |||||||||At| ||||||At|||31 March 20| ||||||1 April 2020
E|Income
E|Expenditure|21
f| |General|funds||||1,528,755|207,538|(113,625)|1,622,668| |Restricted||funds||||||| |||||||||At| ||||||At|||31 INarch 20| ||||||1 April 2021|Income|Expenditure|22| ||||||E|||E| |Restricted||Fund|||1,528,859|19,431||1,548,290| |||||||||At| ||||||At|||31 March 20| ||||||1 April 2020
E|Income|Expendituref|21
f| |Restricted||Fund|||1,517,214|11,645||1,528,859| |Analysis|of net assets between|||funds||||| ||||||||Unrestricted|TotalFunds| ||||||||Funds
f|2022
f| |Tangible|fixed assets||||||1,246,812|1,246,812| |Current|assets||||||2,059,263|2,059,263| |Creditors|less than||1 year||||(32,887)|(32,887)| |Net assets|||||||3,273,188|3,273,188| ||||||||Unrestricted|Total Funds| ||||||||Funds
E|2021
f| |Tangible|fixed assets||||||1,244,899|1,244,899| |Current|assets||||||1,907,923|1,907,923| |Creditors|less than||1 year||||(1,295)|(1,295)| |Net assets|||||||3,151,527|3,151,527| ## ## ## ## ||Year ended 31 March 2|022|| |---|---|---|---| |||2022|2021| |||6|E| |Income|||| |Donations
Public general
donations
Zakat, frtrana
and appeals
Grants receivable-Furlough|income
claim|224,842
12,214|174,652
3,788
7,304| |||237,056|185,744| |Other activities|||| |Fundraising
events income||5,000|33,440| |Total income||242,058|219,184| |Expenditure|||| |Costs of poverty
relief
Zakat, fitrana and appeals|paid out|5,555|| |Expenditure
on governance
Wages and salaries
Employer's
NIC
Premises costs
Accountancy,
consultancy
and freelance teachers
Costs of events and activities
General expenses
Depreciation
Other interest
payable
and similar charges
Masjid cleaning
Salary
Repairs and maintenance
Insurance||20,000
413
9,876
45,604
10,839
3313
8,103
489
7,201
1,353
4,641|23,005
377
10,692
33,909
18,222
2,329
7,131
495
7,200
4,854
3,772| |Communications
and IT||760|839| |Printing,
postage
and stationery||2,258|801| |||114,840|113,626| |Total expenditure||120,396|113,626| |Net income||121,681|105,558|