2022-05-31-accounts - Narborough Road Islamic Centre Leicester

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Registered number 1052275

Narborough Road Islamic Centre

Report and Accounts

31 May 2022

Narborough Road Islamic Centre Company Information

Trustees

Mr M A Jakhura Mr S M A Jakhura Mr I Sattar Mr S Sattar Dr M Suida Mr Y A Valli Mr S M Hasam

Accountants

Leicester Commercial Accountants 42 London Road Leicester LE2 5DH

Charity Number 1052275

Charity address 55 Barclay Street Leicester LE3 0JD

Bankers

Lloyds Bank Leicester

Narborough Road Islamic Centre Registered number: 1052275 Directors' Report

The trustees present their report and accounts for the year ended 31 May 2022.

Principal activities

The charity is registered with the charity Commision (No:1052275). The main objective of the charity is to advance religious education in accordance with the teachings of Islam. Various religious activities are held on regular basis for the benefit of people attending the mosque and for the wider community.

In addition to above, the charity ensures and provides public benefit as follows: - daily five times prayers are held every day
friday prayerss are held every week
madressah classes are held every day during evenings to teach islamic studies
islamic weddings (Nikah) ceremonies are provided to the wider community.
adjacent building has been purchased and is in the process of being refurbished.

Trustees

The following persons served as trustees during the year:

Mr M A Jakhura Mr S M A Jhakhura Mt I Sattar Mr S Sattaer Dr M Suida Mr Y A Valli Mr S M Hassam

Recruitment and Appointment of Trustees

The charity is governed by a board of trustees drawn from the local community. This is to ensure that the board has the skills and experience required to oversee the management of the charity and its operations.

Trustee Induction and Training

All new trustees receive a planned induction programme before taking up their place on the board. This includes an explanation of their roles and responsibilities, an introduction to other trustees, an overview of recent business and an explanation of board format and process.

Reserves policy

The trustees aim to ensure that sufficient funds are maintained to enable the company to carry out its activities.

Risk management

The trustees have examined the major strategic, business and operational risks which the company faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.

Public Benefit Statement

The trustees have considered the general guidance on public benefit issued by the Charities Commission and have taken due regard of that guidance. The trustees consider that they are satisfied that the charity's activities do provide a public benefit.

Results for the year

The detailed results are set out in the attached financial statements.

This report was approved by the board on 17 February 2023 and signed on its behalf.

Mr M A Jakhura Trustee

Narborough Road Islamic Centre

Independent Examiner's Report to the Trustees of Narborough Road Islamic Centre

I report on the accounts of Narborough Islamic Centre for the year ended 31 May 2022 which are set out on pages 4 to 7.

Respective responsibilities of trustees and examiner

The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and an independent examination is needed.

It is my responsibility to: examine the accounts under section 145 of the 2011 Act; to follow the procedures laid down in the General Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters.The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention: i) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act, have not been met; or

ii) to which, in my opinion, attention should be drawn in order to enable proper understanding of the accounts to be reached.

Navsar Sacranie Leicester Commercial Accountants 42 London Road Oadby Leicester LE2 5DH

17 February 2023

Narborough Road Islamic Centre Statement of Financial Activities for the year ended 31 May 2022

Incoming resources Income from charitable activities and generated funds Interest receivable Total incoming resources Resources expended Administration expenses Net incoming resources for the year	2022 £ 40,487 - 40,487 (27,561) 12,926	2021 £ 42,598 - 42,598 (26,158) 16,440

Narborough Road Islamic Centre Registered number: Balance Sheet as at 31 May 2022 Fixed assets Tangible assets 3 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Net assets Funds General unrestricted funds Net Accumulated Funds	1052275 2022 £ 591,187 33,410 (413) 32,997 624,184 624,184 624,184	2021 £ 591,646 20,475 (863) 19,612 611,258 611,258 611,258

Mr M A Jakhura Trustee Approved by the board on 17 February 2023

Narborough Road Islamic Centre Notes to the Accounts for the year ended 31 May 2022

1 Accounting policies

Basis of preparation

The accounts have been drawn up in accordance with the Statement of Recommended Practice (SORP) - "Accounting and Reporting by Charites" issued by the Charity Commissioners in England and Wales.

Income

Income is accounted for on a receipts basis.

Resources expended

Resources expended are accounted for as the liability is incurred.

Expenditure includes irrecoverable VAT which is reported as part of the expenditure to which it relates.

Fund Accounting

All funds and income are unrestricted for the objectives of the charity. There are no unrestricted funds

2	Employees	2022	2021
		Number	Number
	Average number of persons employed by the company	3	5

2 Employees Average number of persons employed by the company	2 Employees Average number of persons employed by the company	2022 Number 3	2021 Number 5
3 Tangible fixed assets Land and buildings £ Cost At 31 May 2022 587,650 Depreciation At 31 May 2022 - Net book value At 31 May 2022 587,650 At 31 May 2021 587,650 4 Creditors: amounts falling due within one year Other creditors	Plant and machinery etc £ 8,866 5,329 3,537 3,997	Motor vehicles £ - - - - 2022 £ 413	Total £ 596,516 5,329 591,187 591,648 2021 £ 863

Narborough Road Islamic Centre Detailed income and expenditure account for the year ended 31 May 2022

This schedule does not form part of the statutory accounts

Income Grants Gift aid Donations Total Administrative expenses Accountancy fees Insurance Rates Light and heat Subscriptions Wages and salaries Depreciation Net incoming resources	2022 £ 1,026 - 39,461 40,487 150 1,482 778 4,002 250 18,062 460 27,561 11,900	2021 £ 13,811 3,738 25,049 42,598 150 1,449 609 2,953 250 20,042 705 26,158 (1,109)