Charity number: 1038168 (England and Wales) ## NORTH BRIXTON ISLAMIC CULTURAL CENTRE Report of the Trustees and Unaudited Financial Statements For the year ended 30 June 2024 ## Draft NORTH BRIXTON ISLAMIC CULTURAL CENTRE Contents Page For the year ended 30 June 2024 1 Report of the Trustees Independent Examiner's Report to the Trustees 2 Statement of Financial Activities 3 Statement of Financial Position 4 Notes to the Financial Statements 5 Draft Detailed Statement of Financial Activities 6 to 7 ## NORTH BRIXTON ISLAMIC CULTURAL CENTRE Report of the Trustees ## For the year ended 30 June 2024 The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and th financial statements for the charitable company for the year ended 30 June 2024. The Trustees have adopted the provision of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing the accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102 (effective 1 January 2019). ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** NORTH BRIXTON ISLAMIC CULTURAL CENTRE **Charity registration number** 1038168 **Principal address** 180-182A BRIXTON ROAD LONDON SW9 6AT ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Baba Boie-Kamara **Independent examiners** Abdul Tejan Turay and co ltd 21 Morrison House Tulse hill Draft London SW2 3PP **Bankers** Barclays Bank Approved by the Board of Trustees and signed on its behalf by ............................................................................. 1 of 7 ## NORTH BRIXTON ISLAMIC CULTURAL CENTRE Independent Examiners Report to the Trustees ## For the year ended 30 June 2024 I report to the trustees on my examination of the accounts of the charitable company for the year ended 30 June 2024. ## **Responsibilities and basis of report** As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of th accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act an are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out unde section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given b the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiners statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Draft I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Turay and co ltd 21 Morrison House Tulse hill London SW2 3PP 2 of 7 ## NORTH BRIXTON ISLAMIC CULTURAL CENTRE ## Statement of Financial Activities (including Income and Expenditure Account) For the year ended 30 June 2024 |Draft
**Notes**
**Income and endowments from:**
Donations and legacies
Charitable activities
Investments
**Total**
**Expenditure on:**
Raising funds
Charitable activities
**Total**
**Net income**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**2024**
**£**
129,951
-
1,241
**131,192**
(45,511)
(119)
**(45,630)**
**85,562**
421,785
**507,347**|**202**
96,336
9,621
423| |---|---|---| |||**106,380**| |||(83,260
(1,820| |||**(85,080**| |||**21,300**
374,452| |||**395,752**| |||| 3 of 7 ## NORTH BRIXTON ISLAMIC CULTURAL CENTRE Statement of Financial Position ## As at 30 June 2024 ||**Notes**|**2024**|**202**| |---|---|---|---| |||**£**|| |**Fixed assets**|||| |Tangible assets||329,102|300,808| |||**329,102**|**300,808**| |**Current assets**|||| |Cash at bank and in hand||178,245|94,944| |||**178,245**|**94,944**| |**Net current assets**||**178,245**|**94,944**| |**Total assets less current liabilities**||**507,347**|**395,752**| |**Net assets**||**507,347**|**395,752**| |**The funds of the charity**|||| |Restricted income funds||421,785|374,452| |Unrestricted income funds||85,562|21,300| |**Total funds**||**507,347**|**395,752**| |Draft
For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Ac
2006 relating to small companies.
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordanc
with section 476,|||| - The members have not required the company to obtain an audit of its accounts for the year in question in accordanc - with section 476, - The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accountin - records and the preparation of accounts. These accounts have been prepared in accordance with the provision applicable to companies subject to the small companies’ regime. The financial statements were approved and authorised for issue by the Board and signed on its behalf by: 0 4 of 7 ## NORTH BRIXTON ISLAMIC CULTURAL CENTRE ## Notes to the Financial Statements For the year ended 30 June 2024 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. NORTH BRIXTON ISLAMIC CULTURAL CENTRE meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Going concern** ## Draft 5 of 7 ## NORTH BRIXTON ISLAMIC CULTURAL CENTRE Detailed Statement of Financial Activities ## For the year ended 30 June 2024 |Draft
**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
**Charitable activities**
Income from charitable activities (Activity 10)
**Investments**
Bank interest receivable
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Donations
Subscriptions
Sponsorships
**Other trading activities**
Shop costs
**SUPPORT COSTS**
**IT**
IT
**Support cost 5**
Type 5 (Activity 1)
**Support cost 6**
Support cost 6
**Support cost 7**
Support cost 7
**Support cost 8**
Support cost 8
**Governance costs**
Governance costs
Governance costs (Activity 4)|**£**
**2024**
129,951
**129,951**
-
**-**
1,241
**1,241**
**131,192**
-
(978)
(13,081)
**(14,059)**
(8,264)
**(8,264)**
-
**-**
(119)
**(119)**
(1,646)
**(1,646)**
(11,075)
**(11,075)**
(5,000)
**(5,000)**
(5,467)
-
**(5,467)**|**£**
**2023**
96,336| |---|---|---| |||**96,336**
9,621| |||**9,621**
423| |||**423**| |||**106,380**
(1,168)
(978)
(65,893)| |||**(68,039)**
-| |||**-**
(2,011)| |||**(2,011)**
-| |||**-**
-| |||**-**
(10,616)| |||**(10,616)**
-| |||**-**
(2,594)
(1,820)| |||**(4,414)**| 6 of 7 This page does not form part of the statutory financial statements NORTH BRIXTON ISLAMIC CULTURAL CENTRE Detailed Statement of Financial Activities Continued For the year ended 30 June 2024 **Total resources expended Net Income** |**(45,630)**|**(85,080)**| |---|---| |**85,562**|**21,300**| ## Draft 7 of 7 This page does not form part of the statutory financial statements