FOR fiiE I L.IR Tr_SDF.l) Ji ii.lRCII 2024 REC.ISTERED CFIARITh' NO: 1054530 Update Accountants Llmited Certifbed Publlc AoUnthnt 24 Statson Road, Manor Pa L¢y)don E12 SBT, T.. 020 8514 6611 UPD.4TF..4CCOLNT.INTS LiiirrED 24 ST.4TION ROAD i..INOR P.IRK LONDON L12iBT
Tnhstres •Dnual rep)n 1&2 Indyndeni Examincr Rei*xl and EXid1Jf¢ Accowits Balance Sheet Noies ts) the FinarKiiI Snl Update Accountants Limited Certified Public Accountani 24 StalTM Road. Klan(v Path E12 58T. T 020 8514 6611
hFI411111151 1%11( C.Ll_TI RAI. .%.HM'14'110Y (IR TIIL I Tr_.IR L.NDI.I) JI 11 IRfii 2024 The intstee wtsent their rew aThl the unathliod rthalI1 o(tht clwiry th¢ y¢•r tThled 31 March 2074 Rtfertnc¢ ftd dmlnlstrtJe dcil Rcgl%iercd ¢hariii nanic C hdrit! rtlislraiion numher PrlnLipal orrice ewham Ill4£ CulThnl 10%4I10 44044 Y High Stre¢1 North Manar Park London E l ? 6RH The iruilees lou1 Nlohatnmed Torik Ullah Mohammed Enamul Haque CvO)'erning do¢umeDt LoL%iltuuon adopied 15 Auguu 1gJ4 annded 10 S¢pteuts 2CW. Recrnifmeni. Ri)k mana2emtiiL OrganistioDxI 5tnJ¢tsre As set oui in the corLSUtuuoo the of the tnLsiee Dominated by X'eHham tslamic Culwrni AsxKio The trusiees. bave examined the nlljor Str3twc. business and operaiion risks which the chan'ty face5 and conl-trm thaI the svsienL% have Ixen esublisbed enable regular rerx)Tts ts) bc prcduccd so thai the necessary. steps can k uk¢n lessen those nsks. The elecutive committee e$S¢d the nLijor risLs io whi¢h the charirj is CiPKJs¢d in pan]cui4r those rela(ed to ihc operauons and fmanccs of the triJsL and are sats5fied thai chffks and balances. a1 Syslcnb are In placc io Mitiga the exp)sur¢ of thc chan'ry to rrkiior nsks. Thc administrJuve )nknnittce is C¢SntlY appr•tsin8 411 its systems with a view io improving them. RecruiimenL Rixk mafta%emtffti. Or%anisaiIoll Jini¢ture Th¢ C'hani) % nbJ¢cti%L for thL knclii i)l- ihilJrLn lil'inkni In the 8re4r London aro parncularly the London Borough of NewlL ' To ad%irK¢ th¢ dukation o( the wblic. p4nicul¥ly by the proiision olcllws in Atabic. Beagali. Urdu and EngIL Update Accountants Limite I C•rtifi•d Publtc Acc(wJntanl 24 SlaDon Ro•J, Pa L¢¢ E12 58T. T 020 8514
• To Islamic ed111 f%Dm the Sumi Hamfi Ixknch by of ftyllf l clA55u Kmina • The lief0( phICal Ind iickjw of In ed by rr4Mmi ofkn ts) dru snM)kin8 and al¢L41 dc. lo prncular by Ihe w0vij1 of151 CLwJnsellThi wprA)fL 4chlei'ements and performance The C han'ty cxmes OUI acliviiie5 in wrsuwe of chantable •ims. Tbe Ictsvitses benefil those worship li and centrc thrnuglmwi the yaT Over the year5 ihe Charit) hL4 kn M'nTkin8 sleadily towds Iu ()J¢Ciivcs Succ¢s• Is Wed frin acLuunts. meetings. annual memixTS IKetinp a> Well throu&h Tiith cffirllmity memkn such u parenty aThJ with those who benefil from the Cknty. The ChaTily scf•'es a place for congrepiional prdym. sdY of Islan Islarnic fwth educiiion f(x children and youth. IA'iib the achieN'ements [1 during thc year. the tr4tstce's Consider t1 they have eompli¢d with set out In S¢ction 17 of thc Chanucs th 2011 have due public txnefil guidance publishcd by the Comission. Financlal revlew li been another fairly yeady year for the Charity. the are satssfied by the wdual Progreu. Reseri'es Policy Reser%cs 10 thc financial 51Jtem¢nLs show the &SS¢LS and lbIll aitsibutsble to the rC5tncd and unrcsincied hinds of thc wlLI)'. .411 received for any stK¢ific purpJ5c are allocad the restricied fund These are then uulised only a1n51 those specific purwjses. Een If the Chanty Is unable to uiiliie ihem in a parlicular period then Ihc funds are kepi separat¢ly In a bank accowii uniil Ily uiilised lor those specific pUrTm. All other funds collectcd are alliKakd b) 8eneral fimd and utsliscd Is such by the executsve commiutt. The trusttts. annual rep)n w&% approied on 01 Yovember !0?4 and siwd on ithlf of the INJud ///J/A Ilnulana Iloh•mmed Torik L'llh Truslte Update Accountants Limited C•rtifi Publk Ac¢otsnt*nl 24 Sta Road. ma Park Lrd E12 S8T T. 020 8S14 8611 Em
(IF NF.M11 iii l%i.IlflC I pnRf THF %IF IIHF I I.TLKIi I%, 11111 Fllx fiiL' )fr'iR I Ntjfru 11 IliMI 111024 We pertffll the eiimimiim of the ankhed i¢n undtr the kniffical cw JThJ tht I¢C(NftUni cwi J Heiptrili t Reiponilblllilu of F.i¢cuilie ( nmmlttet •nd Eyafftl4tr ..1¥ 'slIbed on pa¥c 5. the eittulive Comillet iy re¥rfxMible fof the of KCSYdnts li li TpsIbilI io forn) an on Kcounu 4nd 10 Tewyn our oP10n you My examinatton w75 Carri oul ¥¢(Yd¢ With gencrnl diTeCtsiXU pven ty the Chanty Commission. An exarninaiion Includcs a rciiem. of the xcountsnl rec4Yd% kqK by the ¢han"ty cortynson of the a¢cowits prcsenkd with those rttor(L% It also I1je1 consideratson of any unus1 Items or disclosures in thc acc(ALs. seeknn8 eiplanatsons from thc ciJncerniDg aoy guih TfLltters. Tbe undertaken rKoNide all the ence that wuuld be reqU¢d In an and ¢onsequentl) no opinion Is g]%en as to hether the OUnts preseni • Irue aThl faiP tW ind the rerxyrt Is Iimiied 10 thlvae mjners sei (Mji In the Sl¢nI below. Opinion In 4onneLiion with my ex&ninatson. no I7cr Iw to my allen11 which pves me rcaxM4bk Lausc w b¢lir+'e thal . any maicnal respttL the l ) To kttp accouniing rccord5 w xcordance with 5¢cuon 130 of the Clwitiu ACL afyj 21 To prepue accoun which accord the acCLKttng records and ccryly" the accounting reqUIr¢n[S of the Chanues Aci bale no( been nrt. or To wbicty in my opuuon. attentlOD stUld Ix drawn th wder w enable a FrfOW uthr5tath8 of the accounts reach ssin. B.Com..4CPA Update Accountants Limited u/ C•rtifl•d Publ1¢ A¢¢otsntsnl 24 StalK)n Ro•d, knor P Lc¥rOcf* E12 J8r, T. 020 8514 a611 Update Accountants Limit¢ Certifi•d Publlc A¢counlant 24 Stskn)n Rcwj. manc Park Lcffi E12 50T. T. 020 8S14 6611
I.TI 114L A 2D24 202 DiiiiJliiJns CJo¥emmeni Gr3nt Swdeni Fee4 70,5 64,470 70.540 61,47 .4cci)ununcN Fec Ad¥ertisem¢ni & PR Bank Charges Cleaning Conference EAlse tkpreciaiion Equipmcnt Expensed Other Legal & Profe&5ional Lighi and Htsi ttLsurance OITice Expense PAYE & NI PnnLing. Posts8e & Stabonary R31¢5 Rent Repairs & Mainlciiance Sc¢urit> Expcnscs SLJft Sa13ncs &. Il'agc5 su-On3Q10r Pa)TnellL% Tclcphone pCnsts 'aicr Raies 79 45 193 240 850 6.319 1.083 1.059 J,735 2.973 5.4?0 10,!49 712 ?4.3*9 18.450 1.0-,4 67,984 49.452 Surplus I IDeficil) for ihe vear 2.557 15.018 Update Accountants Llmite ! C•rtifi•d Public Acc¢Juntant 24 R08d. Manw Par E12 5BT, T 020 8514 6611
LT IA HAI. %llFII A.S AT JI IIAHCII 2•24 FIXI.1) A4.1$ LATh1 & Buildin8 EquipnKnL Fiitsjrts aThl fittinp Plant and Nlxhin¢ry JS0.079 i sri.o79 J50.079 350.080 CLRHFNT A..15 Cash In hthl Cash at bank Qar7. E Fla> J.117 49.6A2 71.550 i!NJo 7JJ50 lJ4,916 CI RRENT LLIBILII ILS. Accounlaiy Fce SthiT W'ages aDd Salanes (hhcr Creditors PAYE & NI L575 1.049 .658 6.797 ci Current Asseis 128,119 125J62 et Asse 478.198 475.IA2 F1I4%CED BI.: Capital Reernes Balancc B i kw Surplus ,' Itkiiciil Balxnce C I Fvl 475.(A? 4.624 15.018 4,. 5.fA) 478.199 LonR Term Liabili¢le¥ Qarz E 11 47#.199 475.IA• ApproTr¢d b). the Commlite¢: Iloulana Ilohammtd Torik. Llla Tn1¢£ Update Accountants Limite C•rtffle(I Public Accourfant 24 Srakn Ro•J. MarTh Pa L(d E12 58T. T 020 8514 6611 Date:
UTES T fll.IIR.41.A S()CI ITIO FUR IHL I L,IM I.%DLDJI 11 IRCH 2024 l A(-C()L NI INC. POI.ICIES 1.1 B.-I%145 OF PRF.PAKITI()I OF FIN,INCIAL ST.4TF.MET.S The lin4lliidl 5141ettnts have l)¢en wtpwrd under the hisifflcal COA C(mv¢n¢ltyl ¥xlified by the rcIaluaV ofcenain rued assets. 1.2 T.4NGIIILF. FI.XTr.D ASSF.Tfb.4,ND DF.PRECI.4TIO Depreci&iicffl is provided, after tsking aciounl of any gTants re¢eiw4ble io wri¢ off the cosi or i'aluation of flled Sets Includin8 a55cts subiecl bire pwctrwe contTJcts over the expected use1 lives on the f¢)Ilowings aEJnuais raies on ¢osl In first year aThl on wnticn down walues ihereaiier Plani & lbinery lif/• SDaithi Line 2 RESPONSIBILITIES OTr EIECL TII'L cuiiiiirrEE The executi%c commiiiee is required io prepare financial staieffnts for each financial year which V¢S a tsue and fair of the chan.ws sthtc of affr5 ai th¢ end of the year and iniomc and exnditUre for the year th¢0 ¢nded. In preparing tho¥¢ financial suterncnis. the COrnmlTTt¢ is required to seleci suiuble accouniing litieS and then apply them on con5isieni basis, m3k.ing Judgements and Csijmaics Th are prudeni reawnable. The comrnit mwsi also pi¢pare the 1-ulancl SleMen on the going concern b&%is unl¢&s it is inaroropriaie lo pr¢Sun thai the chan"Tr will conlinuc in opefatsons. The commitlee is resp)nsible (or kttping Pru[ acCJni]llg recor Which dixlose ai anv nm¢ the financial EM1511iOft oi thc chanTh and to enable li io enable 11 lo ¢nsure ihai the financi$l stsiements comply With the Cluntys consiitutional legal provision. They are also reSpO51b7¢ f feguarding the &Ls of the charirv a* for ukn.ng renable stewfr for the PTevenTron and detectson of fraud and othcr 1ffe8u1ut5. Update Accountants Limited C•nified PU1¢ Accountant 24 StstMM Ro&J, man Pa Lond¢ E12 58 T, T. 020 8514 6611 Em