2022-01-31-accounts

		Page
Report ofthe Trustees	1	to	4
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements	8	to	13
Detailed Statement ofFinancial Activities	14	to	15

					31.1.22	31.1.21
			Unrestricted	Restricted	Total	Total
INCOME AND ENDOWMENTS FROM		Notes	fund	fund f	funds	funds
Donations and legacies			293,194		293,194	169,564
Other trading activities		2	134,836		134,836	99,031
Total			428,030		428,030	268,595
EXPENDITURE ON
Raising funds		3	145,506		145,506	120,646
NKT INCOME			282,524		282,524	147,949
RECONCILIATION	OF FUNDS
Total funds brought forward			1,251,185	1,932	1,253,117	1,105,168
TOTAL FUNDS CARRIED FORWARD			1,533,709	1,932	1,535,641	1,253,117

Balance Sheet 31January 2022
					31.1.22	31.1.21
		Notes
FIXEDASSETS
Tangible assets					1,213,115	1,213,271
CURRENT ASSETS
Debtors						95
Cash at bank and in hand					527,889	237,023
					527,889	237,118
CREDITORS
Amounts falling due within one year					(863)	(772)
NET CURRENT ASSETS					527,026	236,346
TOTAL ASSETSLESS	CURRENT
LIABILITIES					1,740,141	1,449,617
CREDITORS
Amounts falling due aller	more than one	year			(204,500)	(196,500)
NKT ASSETS					1,535,641	1,253,117
FUNDS Unrestricted funds Restricted funds					1,533,709 1,932	1,251,185 1,932
TOTAL FUNDS					1,535,641	1,253,117
Thefinancial statements	were approved	by the Board ofTrustees	and authorised	for issue on	........1..%!j....~..........

Raising donations	and legacies	31.1.22	31.1,21
Staffcosts Insurance 'Light and heat Sundries Books and receiver Water Rates Repairs and Maintenance Student prizes Cleaning expenses Advertisement Depreciation Support costs		100,516 2,267 5,554 6,888 199 8,126 2,750 1,830 4,300 156 12,920	85,213 4,146 8,848 483 871 1,737 13,213 208 5,927
		145,506	120,646

TANGIBLE FIXE	D ASSETS
			Improvements		Fixtures
		Freehold	to	Plant and	and
		property	property f,	machinery I	fittings	Totals 6
COST
At 1 February2021 31Januaiy 2022	and	164,000	1,048,647	19,311	39,193	1,271,151
DEPRKCIATION At 1 February 2021 Charge for year				19,311	38,569 156	57,880 156
At 31 January 2022				19,311	38,725	58,036
NET BOOK VALUE At 31 Januaiy 2022		164,000	1,048,647		468	1,213,115
At 31January2021		164,000	1,048,647		624	1 213271

6.	DEBTORS:AM	OUNTS FALLING DUE WITHIN	ONE YEAR	ONE YEAR
							31.1.22	31.1.21
	Other debtors						f
								95
7.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
							31.1.22	31.1.21
	Social security and Accountancy	other taxes					563 300	472 300
							863	772
.	CREDITORS: AMOUNTS FALLING DUE AFTERMORE THAN				ONE	YEAR
							31.1.22	31.1.21
	Other loans (see note 9)						204,500	196,500
.	LOANS
	An analysis ofthe maturity ofloans is given below:
							31.1.22	31.1.21
	Amounts falling due	in more than five years:
	Repayable otherwise	than by instalments:
	Interest Free Loan -	QEH					204,500	196,500
0.	ANALYSIS OF NET ASSETSBETWEEN FUNDS
							31.1.22	31.1.21
		Unrestricted		Restricted			Total	Total
			fund		fund		funds	funds
	Fixed assets Current assets Current liabilities Long teim liabilities	1,213,115 525,957 (863) (204,500)			g 1,932	1,213,115 527,889 (863) (204,500)		1/13,271 237,118 (772) (196,500)
		1,533,709			1,932	1,535,641		1,253,117

MOVEMENT	IN FUNDS
					Net
					movement	At
				At 1.2.21	in funds	31.1.22
Unrestricted	funds
General fund				1,251,185	282,524	1,533,709
Restricted funds
Restricted Fund				1,932		1,932
TOTAL FUNDS				1,253,117	282,524	1,535,641
Net movement	in funds, included		in the above are as follows;
				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted	funds
General fund				428,030	(145,506)	282,524
TOTAL FUNDS				428,030	(145,506)	282,524
Comparatives	for movement	in	funds
					Net
					movement	At
				At 1.2.20	in funds	31.1.21
						f.
Unrestricted	funds
General fund				1,103,236	147,949	1,251,1&5
Restricted funds Restricted Fund				1,932		1,932
TOTAL FUNDS				1,105,168	147,949	1,253,117

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds			8
General fund		268,595	(120,646)	147,949
TOTALIUNDS		268,595	(120,646)	147,949

		Net
		movement	At
	At 1.2.20	in funds	31.1.22
Unrestricted funds
General fund	1,103,236	430,473	1,533,709
Restricted funds
Restricted Fund	1,932		1,932
TOTAL FUNDS	1,105,168	430,473	1,535,641

			Incoming	Resources	Movement
			resources f	expended	in funds
Unrestricted		funds
General	fund		696,625	(266,152)	430,473
TOTAL	FUNDS		696,625	(266,152)	430,473

Islamic Centre Upton Park	Islamic Centre Upton Park
Detailed Statement ofFinancial		Activities
for the Year Ended 31January 2022
			31.1.22	31.1.21
INCOME AND	ENDOWMENTS
Donations and legacies
Donations			293,194	169,564
Other trading activities
Tuition Fees Book and other Sale Membership Other income			109,506 9,800 5,600 9,930	91,187 2,270 5,552 22
			134,836	99,031
Total incoming resources			428,030	268,595
EXPENDITURE
Raising donations	and legacies
Wages Insurance			100,516	85,213
Light and heat Sundries			2,267 5,554	4,146 8,848
Books and receiver				483
Water Rates Repairs and Maintenance Student prizes Cleaning expenses Advertisement Fixtures and fittings			6,888 199 8,126 2,750 .1,830 4,300 156	871 1,737 13,213 208
			132,586	114,719
Support costs
Management
Telephone Stationery			556 ~ 3,765	493 889
			4,321	1,382
Finance
Bank charges			1,798
Governance costs
Accountancy Carried forward			300 300	300 300

Governance costs
Brought forward
DBS
Designer Engineer Fees
Business Peivnits
Money Box
Total resources expended
Net income

31.1.22	31.1.21
300	300
92	144
5,600	2,300
300
509	802
6,801	3,546
145,506	120,646
282,524	147,949