REGISTERED CHAIUTY DIUMBER: 1041977
Report of the Tru8tees and
Uiifiudlted FkDAn¢ial Statements for the Year Elided 31 JaiillAry 2024
foi.
Islanlie Centre Upton Park

Islaniie Ceiilro Upton Park
CoIilents of tlie FinaiiciAI Statemeiits
roy tlie Year Elided 31 Jaiiuary 2024
PAge
Report of the Trustees
liidepeiideiit EXan￿ller'S Repoi't
Stat¢iueiit of Fijianclal Activities
Balaiice Slieet
Notes to tlie FÈDAllciAI Stat¢iiieiitS
8 to 13
DetAlled Statement of fiMAnclal Ac¢ivltles
14 to 15

IslAinie Ceiitre Uptom PRI'k
Reyoi't of Ilie Ti'ustees
foy Ilie Year Li iided 31 January 2024
The tt'uslees present their report ivith IIie fllMncial S￿t￿lmitS of the cl￿rity for ilie year ended 31 Januaiy 2024. Tl)e
liwslees liave adopied the provisions of Accounting and Rq)ortiDg by Charities: Stalcmcnt of Rccoiimiciidcd PIMclice
&i)plicg4ble to charities pirparii)g their accow]Is in accordance with the Financial Reporting Standard appli¢able in the
UK artd Republic of IrelaAKI (FRS 102) (etfective l January 2019).
Hisloiy of th¢ Cen
Alihough The Islamic Centr¢ Upton Park ivas registered as a charity in 1994 the actual mosque w8s establislied ov¢r 46
years ago. The Inaiii purpose at the time Wds to provide a place for con￿'egatiO1lal piayei lllcludiiig Jumnuh (Friday)
pi'aycr and religious Classes for MusliiD childreii. It is recognised a5 01* of tlie first Mosques in Neivliam. Il conuiienced
iii 1974 fiY)ni Ilke prop¢ity al iiumbei. 72 Seli*iqi Road atid ivas very popular, al that time il was att￿ided fi'oni a wider
geoglaphical local area by atlei)dees due to b¢ing olle of tlie first i]M)sques the area. Over tile yeaii the site of tlie
mosque lias grown, with Ibe ￿el￿bour]ng building al nuniber 74 Ixing added to the niosque alld theLI the fuTthei- addition
of number 70 beiiig secured in. The Centre is still popular today with our masjid Islai)]ic educalioii cl￿e5.
OBJCI cfIv£i S AND ACTIVITtES
Objeedves aliils
Tlie objectives of the Ceiitre ￿'e tlie enhallcement of Islamic ideology in accordance ivith the Quratk and A-hadith in
Ilie localily dial falls witliin the bound5 of Mosque. It Also ain)s lo provide recreational facilities to the young and the
elderly lli the inleresl of social Ivelfare with the object of iiw)rovii)g tlie quality of life for such p￿30115.
Page I

IslAittie Centre Upton Park
Repoi't of tlie Ti'iistees
ror the Year Knded 31 Jallu*ry 2024
OBJEcfivri S AND ACTIVITIES
Revlciv of acliyitles
Tlie cenliE's incollie arises from f¢¢s awl donations. The executive comnuttee is responsible for the day to day
maiYdgem¢nt of financial and operalionol matters.
The Islaiiiic centre Uplon Pai'k serves as a place of ivorship for local residents and visitors to the area. We provide daily
C￿n￿'egati0vIaI facilities al￿ pIayers five times a day, regular education cla&8¢s for chtldren attd aduli courses foi. IilRI¢
and feniale Muslim ivoi'sbippers. Ivhicli are focused on the Qui?n 2nd an 1518mic ivdy of life. We einploy two full-liiiie
Imai:.)s ivho ilnpart valuable Islalliic kI￿}vledge lo our congregalion oil society, values aiid keepiiig good relaltonships
WIIII YOUL llekglibours.
Our core pl1r￿se is lo proiiiole the i'eligiort of Islan). AlonE Iviih the centr¢ pi'ovidiiig facililies for congregational
pl'ayers, education and perfoi'ming maffiage cerenM)nies (Iiikkab), the centre also provides a coiilliiunily Ycsouitc foi.
other religious, cducalioilal, social and cultural iieeds. We focus on Ilie i￿ed$ of the youiig, women, eldei-ly aiid the local
ommunity in gellei?l.
Tlje cenli'e also woi'ks Alongside oiha. local conYiiwiitÉes for grea?eT undetstanding, han)K)))y and positive interaction to
coiikibute to a liam)oniou8 and n)ulticultural local neiglibourhood eoviromiKiil.
Muslim parcnls who send theiT children to our daily eveiiing classes ate very appreciative of the religious education we
pi'ovide. We have in the regioll of 400 students 5tudyinE for tsvo hours every weekday eveiiillg. We also proi'ide
weekend Classes for adults and overlloiv das8es for children who cannot be adinilted to the iveekday classes, demaiid for
places is higb and ive accommodale this as as po&siblc.
Tlie niaiiaBeiiient colllliiittee n￿et$ on a regular basis to discuss and review the affaii's alld tlie busiiiess of tjie Ceiili'e.
Tlie board also lios ali Aiii)ual G￿ley41 Meeting in ivliich Liienibers of the executive coi))iiiilt¢e discuss all aspccts of tlie
centre with our niel)￿erS and the coiigregatioii in dethil.
ReaT Exlensioi) aiid RefithishnieRt
The Islamic caitre Upton Park lias been going Ihrougli a IMajor extension at the rear of the building and a siwiific8nl
refiirbis])ftieiil programnie ivliieh wvers the entire sile. The plan also includes connecting developii)E nunikr 70 as Ivell
as nuiiiber 72-74 Selivyn Road. The constrnction work began in December 2017 atml has eonlinued duriiig tl)is
accouiiling period.
Tlie initial eoi)struclioii ivoffks esliii)ate ivas In the region of £1.3 millioii. after Ihe ivork comm¢nced a furtlier estimate
proj¢¢t¢d that cosls ivould increase by 2￿0 nlore than the iiiitial estin￿te. We had previously a&8igned Gems
Coiislruclioii to carry Oilt the ivorks and paid circa £160k lo theni bul unfortu]￿telY our rel&tioiiship ivtth Geiits l)ad to
cease due lo tl)e project 5)ol pi'ogressing satisfa¢lorily.
Iii Deceniber 2018 Ive appoiiiled UKPF construction lo restart the PTojecl aiid mak¢ adjustniei)ts ai)d alterations to Ilie
Ivoik whicli Iiad bcen catY&ed out by the previous contractor4 this ivas lo adhere to Il)e origuial plai)s buildiiig
regulation i'eouirenients.
Tlie a￿eed cost of tlie project wilh UKPF is circa £1.8 million ivtili an e51imated time of 18 Inontlis from
coii)Inencenici)t iii oi'd¢i' to coiiiplete the entire butld and refvrbiS￿liellt, subject lo all of Ilie fuiiding beii)g iii place. The
dclays iii t1￿ pi'oject. Ivliicl) included securing all of IIK fundiihg and Iiaving lo change coiitra¢lor, alollE Ivlth the
llicrcasiiig costs of n￿terIalS siiice tlie Coyid paiideiiiic. have unfortunately led lo t1￿ eslinthled Cost of tlie proje¢l
iticreasing siii¢e Deceiiiber 2017.
More i'eceiiily siiice 2023 onivards, althoug]I t])e process nmy seem SI0￿, progre&s has been n)&de bel)ii)d Ihe scene5.
Tliere iyere many leEacy niatters lo Tesolves in relation lo plaiis, ei)gineers. designs and c(Milraclors. Several meeting5
were Iield iviih UKPF lo discuss tl)e of the project after ivbicli tIie Manageiilenl Con)niiltee decided to e¢&se its
dealings iviili UKPF folloiviiig request for addiiional ftiiids ivlill￿ tlie projcct was Iialicd. UKPF l)ave siiice reiiioved all
sigiiagc from Ilie sile And are no longer in regular conlliiunicalion ivitl) Ilie Maiiagenieiit Conmliltee.
Management con￿1)11tee ciirreiiily liaising iviili a iieiv set of Contracto￿ as well as fii)alising fii)al details iviili
ai'cliitects, engii)eers and desi￿7 teaiiis to coiilinuc progress of d)e build. There liave beeii several redesigils Y¢quired to
meet regulations wl)icli requiTed re8ulalory appmval frthi) ali autliorised body. Tl)e project is noiv at a stage wliere fairly
sooii 11)e detailed plans can b¢ s¢nl of its building control for approval and t1￿ woject lo be re piiced ai)d agreed before
WOL* can coini)iettee
Voluntary doiiations AThd interest free loans provided by (he I￿al eoii]niunity and froin further afield l)ave played aiid
Ivill play a key part towards fsnancing the project.
Page 2

**Islamic Centre Upton Park** 

## **Report of the Trustees for the Year Ended 31 January 2024** 

## **OBJECTIVES AND ACTIVITIES** 

In terms of financing the project, we started with circa £430k in our resources prior to the commencement of the project and in the first year (2018) we received significant donations from our local community and wider donors, however this has mainly all been used. In 2019 a smaller amount of donations was received in comparison to the first year. Since the project has been halted, regular donations have continued although at lower values which has allowed a build-up of further reserves. We anticipate the cash in hand at the moment is sufficient to allow continuation of the building project however, current reserves will only allow completion of part of the project therefore there will be a fundraising taking place, to help secure funding needed to complete construction of the site in line with our published plans. The project once it re commences will be phased in to different stages to manage cash flow. 

Were all of the funding is secured, our expected completion date for the remaining build and refurbishment programme is 12 months from commencement of work, however due to the current shortfall in our required funds the timescale for completion is likely to slip further into the future. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** 

Islamic Centre Upton Park was established in 1994 by a Constitution document which sets out the aims and objectives of the Centre. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 

1041977 

## **Principal address** 

70-74 Selwyn Road Upton Park London E13 0PY 

## **Trustees** 

I Patel I Zinga R Patel S Mala 

## **Independent Examiner** 

KALA ATKINSON Chartered Certified Accountants & Statutory Auditors 43 Upton Lane London E7 9PA 

## **Management Committee Members:** 

Mr Yakub Patel Mr Yusuf Bhaiyah Mr Yunus Patel Mr Arif Master Mr Aziz Esa Mr Siraj Patel Mr Sameer Nawab Mr Yashir Nawab Mr Nasir Patel Mr Ameen Zinga Mr Sajid Nawab Mr Tahir Patel 

Page 3 



IdAmio Cttttr¢ Up¢on Pirk
Rtyort ¥Jftbe Tr￿1(¢￿
ror the Yelr knded 31 Jin•*ry 2024
App
ei-
f IIK h￿[d 29 No*othr 21)24 1ts1 #i8n>J on its beh￿¢by.
To/3fjl pRfEL

Independellt Exa1￿InerIS Report to tlie Trustees or
Islmllde Centi'e Uptoii PAI'II
Independèiit ei#mliTrer's i'eport to tlie trnstees of IslAmle Ceiiliy Upton Park
I repoi1 to tbe charity Inistecs on my examinalion of tlie accoullts of Islamic Centre Upton Park (the Timst) for the ye8r
¢Dd¢d 31 January 2024.
Respoiislbllliles Aiid bASiS of report
As tlie Charity twsl¢¢s of tlie Trnst you aye respoJ)sible for the preparation of t[￿ #ccounls in accordance with the
requirements of the Charities Act 2011 ('the Act).
I r¢port in i'espect of iiiy eXa1￿InatiOn of the Trusvs accounts carried out under Section 145 of Ibe Act at]d in carrying out
my ex&nillaltoii I bave followed all applitrdble Directions given by die Charity Cominissioii UiKler Seciion 145(5)(b) of
11)e Act.
liidepeiideiit exailliner's stalenient
I l)ave coiiipleted iiiy exaMii]2tion. I confimi that iio malerR81 matters have COLlle to my attention in cotmedion Nvith Ihe
exanwiiatioll giviiig me cause to believe tllat in any I￿at￿l81 r¢speet:
accounting record5 Ivere iiot kept iii respect of the Trusl as requird by Section 130 of Ilie Act. or
the accounts do not accord ivitli those records. or
the accounts do RWt coiwily with t1￿ applicable requirements cot]ceming the fomi and content of aceoullts set out
ii) the Charities (Aeeounts and Reports) Regulalioiis 2008 oth￿- thali any requirement that the aecowits give a
ue fair view Ivlll¢& ig Jiot a ll￿11¢r considered as part of illdepeiideiil exai)1inalioi).
I liave llo coJ)cerns and have come across iio other niatters in conrLectioll with tbe exai]]ination to whicli atteiilioll sliould
be di'al￿1 in Ihis report in order to enable & proper widetsthnding of the accounts to be reached.
SalinL
KtNSON
Cliarteied Certified Aecountants
& Slatulory Audi(ors
43 Uplon Laiie
Loiidoii
E7 9PA
29 November 2024
Page 5

Isknuiic Cellti'e Uploll Park
Statelneiit of FliiAiiclal Ae¢lvltles
lor tbe YtAI' Ettded 31 Janu%ry 2Q24
31.1.24
Total
fuThJs
31.1.23
Total
funds
ur￿StriCted
nd
Restricted
Noles
INCOME AND ENDOWMEDrrs FROM
DOI￿tio1￿ alld legacies
111,894
111,894
138,447
Other Iradiii£ activilies
97.528
97,528
120.414
TotAI
209.422
209,422
258,861
I XPENDITURE ON
Raising fullds
144,652
144,652
154240
NET INCOME
64.770
64,770
104.621
RECONCILtATION OF FUNDS
Total thnds biDugbi fonvard
1,638,330
1.932
1,640,262
1,535,641
TOTAL FUDIDS CARRIED FORWARD
1,703,10(1
1,932
1,705,032
1,640,262
The i)otes fomi part of these 6]￿lICI81 statements
Page 6

Cewttt Upl•* P*rk
JA J**••ryl
JI 1.24
31.123
FIXKI) A&sirrs
TAiiziblc
1354J07
1312.748
CVIUIENf ASSKTS
129
60J.2Si
C*th ai •Thd In l•d
4501 JIO
CRFIIITORS
f•llJn¢ Milwi
{10.1SS)
(i.ow)
S￿)23
601.014
TOTAL Assrfs CURRFNr
UANII.ITtFS
1*45.OJ2
l J13.162
CREDITORS
fAl110i duc •tler thirt otheyr
(140￿00)
(1?3JlyJ)
I.705lJ32
1ffi40.262
FUNDS
ihuekncied fundj
1.703.100
1.932
1.631J30
1.9J2
TOTALFUNDS
1.705.032
1.640.262
The I￿¢￿￿1* amirfftd by Iho Board of Th*e4 •fftd for •1129 Nornl)v 2024 ANI
Th¢ frym pirt ofibe% firAnci•l *Jlvwi
P•g¢ 7

Islailllc Ceiitre Uploii Park
Notes to the FiiiAnci&l Stlltemeiils
(oi. tlie Yelli. Elided 31 JanuRry 2024
ACCOUNTING POLICIES
Basis ofpi'epji'lng tlie tlnan¢iAI $tAtell￿nts
Tlie fjnancial stsleiiienis of the ¢l)arity. wltich is a public benefil entity under FRS 102, havc bccn p￿pal'¢d in
oi'dancc iviih Ihc Ch81'ities SORP (FRS 102) 'Accounting and Reporting by Charities.. Sthieiiienc of
Rccoi]lllieiidcd Praclicc &pplicable lo charitie5 preparirtg tlieir accounts in a¢¢oi'dan¢e iviili the Finaiicial
Reporting Standard applicable in th¢ UK and Republic of Ireland {FRS 102) (effective l January 2019),,
Financial Reporting SL1ndard 102 The Fin8nc121 Repoi'tillg Standard applicable in tlie UK aiid Republic of
ITcland' and tlie c]￿rIti￿ Act 2011. The fillancial s(alem¢nts I￿ve bcthi prepared undei. the hislorieal cost
coiivenlion.
liieome
All iiicome is recognised it] the Sthtement of Finallcial Activities once Ihe cl￿rity lias enliileiiient to the ￿nds, it
is probable that itrte income ivill be received a￿1 the alliount Can be n]easvred reliably.
I xpeiidltui
Liabilities are reCogni￿d as Cxpelldi￿[C as soon as there is 8 Eegal or eojislructive obligatioii coli￿11111ng the
chai'&ty to that cxpenditui'e, it is probable tliat a tra￿sfer of ecoiiomic bell¢fits iv&ll be icquired in settlcinent ai
tbe ￿liOUnt of the obligatioii c8n be measured reliably. Expellditure 18 accounted for oil ali acc￿alS basis and Ilas
be￿1 classifled under Iicadings that aggregate all cost related to tlie category. Wl)ere costs C￿￿)￿01 be directly
alh'ibuted to particular headin8S tliey have beell allocated io activities on a basi5 consistent iviih the use of
resources.
Tlliigible flxed Assets
Depi'ecialion is wovided at the following rates in order to writ¢ off each asset ovei. ils esliinated usefjjl
life,
Plallt and Mochinery- I￿/0 straight lin¢ method
Fixture and Fittings - 33.33 0/0 Straiglit line ll￿thod
Tax&tlo
Tl)e cl)arity is exen)pt from tax i>n its charitabl¢ activitie&
ri #eeouiitlng
Unrestticted fiwds cali b¢ used in accordance ivitli the chaiitabl¢ objKliv&% at the discirtton of the twslees.
Restricted funds cai) only be used for partieular restricted PuT￿se$ iviilitn the objecls of the charity. Resli'iclions
arise ivhen specified by the doiior or ivhen funds are i?ised for particular reslri¢led purposes.
Further explai￿110n of Ihe nature and puqx)se of each fuftd is induded in the notes to th¢ fillai￿la1 Stalen￿￿18.
Peiisloii costs 4iid otlier p05t-reilrement beiiefjts
Tl)e charity opei'ate5 a defined contribulion pei)sion schenie. Co¥Jts'ibulions payable lo Ihe chlli'iws pei)SiOI)
8clienK are cli8Yged to the Stateineiii of Financial Activities in the period lo ivhich Ihey iElale.
Page 8
coiilinued...

Isllljnlc Celltrt Uptoii PA YII
Notes to tlie rtlnanciAI Stateitteiils- contlllued
foi. the Year EJ)ded 31 JAiiuAiy 2024
OTHER TRADING AcrJvii'iES
31.1.24
31.&.23
Tuition Fees
Book and other Sale
Meillbersliip
Otliei. income
91.328
106,844
3,701
6,300
3,569
6,200
97528
120,414
RAISING Fuf4DS
Ralsliig doiiAtÉolls and legacies
3l.1.24
31.1.23
St#ft costs
I1￿Urallee
Liglil and heat
Sutidries
Books aiid receiver
Walcr Rates
Repairs aijd Maintenance
Studcnt prizes
Coillputer and IT expenses
Cleanin£ expenses
Staff ii'aining
Depiecialion
Support costs
123.679
2,236
4,346
118,432
1,910
500
300
3,085
295
3,537
4,128
1,208
3,OCH)
1,503
3,458
1,735
579
62
105
ioi
3,848
367
20,478
144,652
154,240
TRUSTEI Ei Sl RE￿luNERATIoN AND BENEFITS
There ivere no In￿lees, renwnerdtion or other benefits for the year ended 31 January 2024 1)oY for tlie yeai. ejided
31 J￿lu￿ry 2023.
Trustees, expenses
There were no tr￿te￿, expenses paid for the year ended 31 January 2024 now for the yeay ended
31 J8nuary 2023.
Page 9
contiiiued..

Islainit Celltre Upton Park
Notes to tlie fili)Ancilll StateiiieElts- coiitiiiued
foi. the YeAr Elided 31 Januai'y 2024
TANGIBLE r￿ED ASSKTS
Improvements
lo
property
Fixttues
and
rittit
F￿ehofld
property
Plant and
chinery
Totals
COST
Ai l February 2023
Additions
164,0(X)
1.048.647
41.860
19.311
39,193
1,271.151
41,860
At 31 January 2024
164.000
1,090,507
19.311
39,193
1,313,011
DEPRECIATION
Ai l February 2023
Charg¢ for year
19Jll
39.092
ioi
58,403
ioi
Al 31 January 2024
19,311
39,193
58,504
NKT BOOK VALU£
Ai 31 January 2024
l(A,000
1,090,507
1,254,507
Ai 31 January 2023
I64,￿0
1.048,647
ioi
,212,748
DEBTORS: AMOUNTS FALtJNG DUE WITHIN ONE YEAR
31.1.24
31.1.23
Other debtors
129
CREDITORS: AMOUi%TS FALLING DUE WITHIN ONE YEAR
31.1.24
31.1.23
Trade ciedilors
SocÉal security atyl other 18X£8
Accouiltaticy
Accruals and der￿Ted income
1,868
600
8,386
780
300
10,855
1,080
Page 10
eoi)tjllued...

Islainlc Cejitre Uptoii Pork
Notes to tlie FiiiRncial Statciiicnls- eontillued
for tlie Year £1 llded 31 J*iiuaiy 2024
CREDITORS: AMOUNTS rtALLING DUE AFfER MORE THAN ONE YEAR
31.1.24
31.1.23
Oth¢i' loans (see note 9)
140,000
173,500
LOANS
An analysis of the nutwity of loa￿5 is given below.
31.1.24
31.1.23
Amoullls falliiig due in more than five years:
Repayable oiheiivise than by iDsl8lnRnts:
Interest Fl'ee Loan- QEH
140,DOO
173,500
io.
Af4ALYSIS OF NET A&SETS BETWEEN FUNDS
31.1.24
Total
,￿1}dS
31.1.23
Total
fiwds
Unresli"icled
fund
Rests'i¢ted
fund
Fixed assets
irreJ)l assets
Cwrent liabilities
Long tem) liabilities
1,254,507
599.448
(10,855)
(140.000)
1,254,507
601.380
(10.855)
(140,000}
1,212,748
602,094
(1,080)
{173.500)
,932
1,703.1
1.932
1,705,032
1,640,262
ii.
MOVEMENT IN fiUI4DS
Net
moveiTrient
iii fwids
At
31.1.24
Ai 1.2.23
Uiiresti'ieted fvnds
Geiieral fiuid
1,638J30
64,770
1,703,100
Resti4eted luiids
Restricted FUIKI
1,932
1,932
TOTAL FUNDS
1,640,262
64.770
1,705,032
Net rnoveiiient in funds, included in the aknve are as folloivs:
Incoming
resou
Resources
expeiided
Moveiiienl
in fuiids
Uiirestrieted funds
General fund
209.422
(144.652)
64,770
TOTAL FUNDS
209,422
(144,652)
64,770
Pagell
Collliiiued...

Islamle Ceiitre Uptoll Pai'k
Notes to tlie fijiiancifil StatemeiitS- Colltliiued
for Ilie Year Ellded 31 JanuA Yy 2024
ii.
MOVETrILI Drf IN fi UIYDS - conliuued
CompnrAtives for movement In funds
Nel
Inoveii)enl
ill fullds
Al
31.1.23
At 1.2.22
Uiivestricted funds
Gcncral ￿nd
1,533,709
104,621
1,638,330
Resti4eted fuiidg
Resti'icted Fuiid
1,932
1,932
I'OTAL FUNDS
1.535,641
104,621
1,640.262
Coinpai'ativ¢ llet tTh)vetnent in fiu&ds, included ij) the above Ore 8s follow5:
Inconiillg
resources
Resouiies
exp￿￿￿ed
Moveilleiit
ill fuiids
Ullrosti'ictcd futsds
G¢￿e￿al fund
258,861
(154,240)
104.621
TOTAL FUNDS
258,861
(154.240)
104,621
A CWTellt year 12 monihs and prlor year 12 months combi￿ed position is as folloivs:
Nel
movement
in fwids
At
31.1.24
At 1.2.22
Uiireslrlcted funds
Gellcral fillid
1,533.709
169.391
1,703,100
Reslrlcted fuiids
Restricted Fluid
,932
,932
TOTAL FUNDS
1,535,641
169,391
1.705,032
A Currertl year 12 monihs and prior year 12 iiionihs conthined net movement iii fiMid4 li￿luded iii Ili¢ above are
as folloivs..
Incoimiihg
resourc£8
Resources
expended
Moveiii¢iit
in thnds
Uiii'cstricted fuiLds
General fillid
468,283
(298,892)
169.391
TOTAL fiUNDS
468,283
(298,892)
169.391
Page 12
coiitinued...

Isllliiiic Ceiltre Upton PAI'k
Not¢s lo tho fiiiiRncial Stat￿￿ell1$- coiitlllued
f(Ir tlie Ye*i' Ci llded 31 JRnuAry 2024
12.
RELATED PARTY DISCLOSURES
Tliete w¢Ke no related party ttBnsactions for the year ended 31 Jamwy 2024.
Page 13

Islaiiric Centi'e Upttsii Park
Detalled Stateikient of liliiAIicIAI Aclivfitles
foi. tlie Yeai. Elided 31 JaiiuAiy 2024
31.1.24
31.1.23
INCOM£1 AND ENDOWMENTS
DoiiAtloiis and legaeies
G&fts
Donations
111,894
138,446
111,894
138,447
Ollier trAdiiig a¢llvitie5
Tuition Fees
Book alid oiher Sale
Mcmbership
Otlier ittcon
9E,328
106,844
3.701
6.300
3,569
6200
97,528
120,414
Total Inconiliig resour¢es
209,422
258.861
EXPENDITURE
RAising doiialious aiid legaeieg
Wages
Pei)sioiis
lllsuranee
Light and lieat
Suiidlkes
B(K)ks alld receiver
Watei. Rates
Repaiis and Mailltellance
Student pi'tzes
Conipiilei. aiid IT expenses
Cleaiiing expenses
Siaff tt'aiiiing
Fixtures and fittings
123.124
555
2,236
4,346
118,432
1,910
500
300
3,085
295
3,537
4,128
1,208
3,000
1,503
3,458
1,735
579
62
105
101
367
140,804
133.762
Supyoi't costs
Maiiageiikellt
T¢lephoiie
ststionery
900
985
601
1,076
1,885
,677
FlnAn¢t
Bank chaiEes
1,663
1,124
GovernAnce costs
Ac¢ouiilancy
Cayried fonvard
300
300
300
300
Tliis pagc docs not fotm paTt of the sthlulory finaiicial statements
Page 14

Isla1￿le Ceiitre Uptoii Pai'k
Detailed Slatenienl of Financial Activities
foy tlie Yeai. Ended 31 JAllUXI'y 2024
31.1.24
31.1.23
Covei'ILkll)ce cosls
Bi'ought foiTh¥ai
DBS
Designer Engineer Fees
Motoi. Expense
300
44
17,153
180
300
17.677
Total resources expended
144,652
154,240
Net ineome
64,770
104,621
This page d￿S not fomi part of the stathtory financial statements
Pag¢ 15