Registered Charity number 10367827
## JAMEATUL-ULOUM-AL- ISLAMEYAH
Report and Accounts
31 May 2021
**Husain Bulman & Co Chartered Accountants 258 Merton Road London , SW18 5JL**
## **JAMEATUL-ULOUM-AL- ISLAMEYAH Report and accounts Contents**
||**Page**|
|---|---|
|Charity information|1|
|Trustees Report|2|
|Accountants' report|3|
|Profit and loss account|4|
|Balance sheet|5|
|Statement of changes in equity|6|
|Notes to the accounts|7|
## **JAMEATUL-ULOUM-AL- ISLAMEYAH Charity Information**
## **Trustees**
Mr. M Bilal Patel Mr. Muhammad Iqbal
## **Accountants**
HUSAIN BULMAN AND CO Chartered Accountants 258 MERTON ROAD LONDON SW18 5JL
## **Bankers**
HSBS Bank 192 Hoe Street Walthamstow London E17 4QN
**Registered office** 32A Lily Road London E17 8HY
**Registered Charity number** 10367827
1
## **JAMEATUL-ULOUM-AL- ISLAMEYAH Registered Charity number: 10367827 Trustees Report**
The Trustees present their report and accounts for the year ended 31 May 2021.
## **Principal activities**
The company's principal activity during the year continued to be …
Main activities that have been organised �Daily 5 times prayers �Eid-uI-Fitr/Eid-ul-Adha/Seeration Nabi/Taraveeh Prayers/Eid Milan �Ramadan, Iftar and Eid Parties �Youth sports activities �Family gathering �Exhibitions
## **Trustees**
The following persons served as Trustees during the year:
Mr. M Bilal Patel Mr. Muhammad Iqbal
## **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 1 February 2022 and signed on its behalf.
Mr. M Bilal Patel Trustees
2
## **JAMEATUL-ULOUM-AL- ISLAMEYAH Accountants' Report**
## **Accountants' report to the directors of JAMEATUL-ULOUM-AL- ISLAMEYAH**
You consider that the company is exempt from an audit for the year ended 31 May 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 profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity 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.
HUSAIN BULMAN AND CO Chartered Accountants
258 MERTON ROAD LONDON SW18 5JL
1 February 2022
3
## **JAMEATUL-ULOUM-AL- ISLAMEYAH Profit and Loss Account for the year ended 31 May 2021**
|**Donations**
Administrative expenses
**Operating profit**
**Profit before taxation**
Tax on profit
**Profit for the financial year**|**2021**
**£**
26,754
(23,358)
3,396
3,396
-
3,396|**2,020**
**£**
9,359
(8,532)|
|---|---|---|
|||827|
|||827
-|
|||827|
4
## **JAMEATUL-ULOUM-AL- ISLAMEYAH Registered Charity number:** 10367827 **Balance Sheet as at 31 May 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 liabilities**
**Net assets**
**Capital and reserves**
Profit and loss account
**Shareholders' funds**|**2021**
**2020**
**£**
**£**
110,223
111,030
17,329
12,286
(36,227)
(35,387)
(18,898)
(23,101)
**91,325**
**87,929**
91,325
87,929
**91,325**
**87,929**|**2021**
**2020**
**£**
**£**
110,223
111,030
17,329
12,286
(36,227)
(35,387)
(18,898)
(23,101)
**91,325**
**87,929**
91,325
87,929
**91,325**
**87,929**|
|---|---|---|
||||
|||**87,929**|
|||87,929|
|||**87,929**|
The Trustees 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 Trustees 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 profit and loss account has not been delivered to the Registrar of Companies.
Mr. M Bilal Patel Trustee Approved by the board on 1 February 2022
Mr. Muhammad Iqbal Trustee
5
## **JAMEATUL-ULOUM-AL- ISLAMEYAH Statement of Changes in Equity for the year ended 31 May 2021**
|**At 1 June 2019**
Profit for the financial year
**At 31 May 2020**
**At 1 June 2020**
Profit for the financial year
**At 31 May 2021**|**Profit**
**and loss**
**account**
**£**
87,102
827|**Total**
**£**
87,102
827|
|---|---|---|
||87,929|87,929|
||87,929
3,396|87,929
3,396|
||91,325|91,325|
6
**JAMEATUL-ULOUM-AL- ISLAMEYAH Notes to the Accounts for the year ended 31 May 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 and Charities Accounting statement of Recomended practice (SORP). There have been no changes in the accounting policies.
## _**Turnover**_
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
## _**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:
|Freehold buildings|over 50 years|
|---|---|
|Leasehold land and buildings|over the lease term|
|Plant and machinery|over 5 years|
|Fixtures, fittings, tools and equipment|over 5 years|
## _**Debtors**_
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
## _**Creditors**_
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
|**2**
**Employees**
Average number of persons employed by the company
**3**
**Tangible fixed assets**|**2021**
**Number**
0|**2020**
**Number**
0|
|---|---|---|
||||
|**Tangible fixed assets**|||||
|---|---|---|---|---|
|||**Plant and**|||
||**Land and**|**machinery**|||
||**buildings**|**etc**|**Total**|**Total**|
||**£**|**£**|**£**|**£**|
|**Cost**|||||
|At 1 June 2020|102,963|23,982|126,945|126,945|
7
## **JAMEATUL-ULOUM-AL- ISLAMEYAH Notes to the Accounts for the year ended 31 May 2021**
|At 31 May 2021
**Depreciation**
At 1 June 2020
Charge for the year
At 31 May 2021
**Net book value**
At 31 May 2021
At 31 May 2020
**4**
**Creditors: amounts falling due within one year**
Loans and overdrafts
Trade creditors
Other creditors|102,963
-
-
-
102,963
102,963|23,982
15,915
807
16,722
7,260
8,067
**2021**
**£**
34,907
840
480
36,227|126,945
126,945|
|---|---|---|---|
||||15,915
15,915
807
807|
||||16,722
16,722|
||||110,223
110,223|
||||111,030
111,030|
||||**2020**
**£**
34,907
-
480
35,387|
## **5 Other information**
JAMEATUL-ULOUM-AL- ISLAMEYAH is a private company limited by shares and incorporated in England. Its registered office is: 32A Lily Road Walthamstow London E17 8HY
8
## **JAMEATUL-ULOUM-AL- ISLAMEYAH Detailed profit and loss account for the year ended 31 May 2021**
_This schedule does not form part of the statutory accounts_
|**Donations**
Administrative expenses
**Operating profit**
**Profit before tax**|**2021**
**£**
26,754
(23,358)
3,396
3,396|**2020**
**£**
9,359
(8,532)|
|---|---|---|
|||827|
|||827|
9
## **JAMEATUL-ULOUM-AL- ISLAMEYAH Detailed profit and loss account for the year ended 31 May 2021**
_This schedule does not form part of the statutory accounts_
|**Sales**
Donations
**Administrative expenses**
Premises costs:
Rent & Rates
Light and heat
General administrative expenses:
Telephone and fax
Travel and subsistence
Postage, Stationery and printing
Subscriptions
Insurance
Equipment expensed
Repairs and maintenance
Depreciation
Sundry expenses
Legal and professional costs:
Accountancy fees|**2021**
**£**
26,754
500
1,580
2,080
734
4,585
60
65
775
10,112
1,486
807
2,174
20,798
480
480
23,358|**2020**
**£**
9,359|
|---|---|---|
|||503
465|
|||968|
|||478
-
62
53
766
-
4,750
896
79|
|||7,084|
|||480|
|||480|
||||
|||8,532|
10