2020-08-31-accounts - The Muslims Community Centre

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Charity number: 1055241

THE MUSLIMS COMMUNITY CENTRE

Report of the Trustees and Unaudited Financial Statements _ For the year ended 31 August 2020

| THE MUSLIMS COMMUNITY CENTRE Contents Page For the year ended 31 August 2020

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Report of the Trustees | 1
Independent Examiner's Report to the Trustees 2 |
Statement of Financial Activities 3
Statement of Financial Position | 4
Notes to the Financial Statements 5 to 8
Detailed Statement of Financial Activities 9
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THE MUSLIMS COMMUNITY CENTRE . 3s _ Report of the Trustees For the year ended 31 August 2020 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 August 2020. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019). | OBJECTIVES AND ACTIVITIES : Objectives and aims The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)’. | 7 REFERENCE AND ADMINISTRATIVE INFORMATION Name of Charity THE MUSLIMS COMMUNITY CENTRE Charity registration number 1055241 Principal address 4-5 Cowley Road Uxbridge | Middlesex UB8 2QB

Trustees

The trustees and officers serving during the year and since the year end were as follows: Mr A Haque Mr F Haque Mr F K Malik Mr A Mirza secretary Mr Mohammad Ishaq Independent examiners Mr Nesar Ali Chartered Certified Accountants 121 Violet Avenue : Hillingdon Middlesex UB8 3PT Bankers Lloyds Bank 21-22 High Street Uxbridge Middiesex } UB8 1JD Approved by the Board of Trustees and signed on its behalf by

seseveeseeenerescesstesesseseesetecseteest Pease Geheyeceapeyrreeeee 26 June 2021 , Mr Mohammad Ishaq ~ - ,

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THE MUSLIMS COMMUNITY CENTRE
" | Independent Examiners Report to the Trustees For the year ended 31 August 2020
| report to the trustees on my examination of the accounts of the charity for the year ended 31 August 2020. |
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’). | report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(0) of the Aci.

Independent examiners statement | have completed my examination. | 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 Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out In the Charities (Accounts and Reports) Regulations 2008 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. | | 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. MrNesarAli = © - Chartered Certified Accountants | 121 Violet Avenue . | Hillingdon , Middlesex UB8 3PT 26 June 2021

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THE MUSLIMS COMMUNITY CENTRE : Statement of Financial Activities For the year ended 31 August 2020 |

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, Notes Unrestricted 2019
funds — :
€ £
—
income and endowments from: | ,
Donations and legacies 2 55,201 97,323
Investments 3 12,000 12,000
Total 67,201 109,323
Expenditure on: :
Charitable activities 4/5 (37,999) (29,666)
Total (37,999) (29,666)
Net income 29,202 79,657
Reconciliation of funds
Total funds brought forward 622,577 — 542,920
Total funds carried forward 651,779 622,577
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| THE MUSLIMS COMMUNITY CENTRE ~ Statement of Financial Position | As at 31 August 2020

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Notes | 2020 2019
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£ E
,
Fixed assets |
Tangible assets 10 338,918 339,170
a 338,918 339,170
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Current assets
|
Cash at bank andinhand ~ . , | , 318,458 286,436
318,458
- 286,436
Creditors: amounts falling due within one year 11 (5,597) — (3,029)
Net current assets dado cic al
| : 651,779
Total assets less current liabilities
© 622,577
The funds of the charity ,
Unrestricted income funds , 12 , 1,19 622,577
‘Total funds | _ 651,779 «622,577
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The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Mr A Mirz a Trustee |
26 June 2021 |

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THE MUSLIMS COMMUNITY CENTRE
, Notes to the Financial Statements For the year ended 31 August 2020 . | |
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 Charities Act 2011. THE MUSLIMS COMMUNITY 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). , |

1. Accounting Policies

} Going concern | _ The charity has a policy to maintain at least six months expenditure in its reserves. This is to ensure the charity has sufficient resources to be able toefficiently deliver its aims and objectives without encountering financial difficulties. Tangible fixed assets | Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Plant and machinery , 25% Reducing balance Motor vehicles 25% Reducing balance

Income from donations and legacies

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, THE MUSLIMS COMMUNITY CENTRE
Notes to the Financial Statements Continued
For the year ended 31 August 2020 , _ |
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4. Costs of charitable activities by fund type
2020 2019
: E £
,
: Unrestricted funds
| :
Support Costs | 37,999 29,666
5. Costs of charitable activities by activity type |
2020 2019
£ £
. Activities undertaken directly |
Support Costs 37,999 29,666
6. Net income/(expenditure) for the year
a
This is stated after charging/(crediting):
, 2020 | 2019
,
| £ EC
Depreciation of owned fixed assets 252 336 3
Staff pension contributions | 410 484
7. Staff costs , |
Total staff costs for the year ended 31 August 2020 were: .
2020 2019
|
, £ £
Salaries and wages 29,373 26,038
Pension costs 410 484
29,784 26,522
2020 2019
|
:
3 2
.
Staff :
| |
8. Trustee remuneration and related party transactions
All trustees acted on a voluntary basis and therefore no remuneration or expenses were paid by the charity. There were
no related party transactions during the financial year.
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| The comparative year values on the Statement of Financial Activites are for unrestricted funds.

Tangible fixed assets
THE MUSLIMS COMMUNITY CENTRE
- Notes to the Financial Statements Continued For the year ended 31 August 2020
9, Comparative for the Statement of Financial Activities

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10. Tangible fixed assets , |
:
| Land and Fixtures and |
Cost or valuation buildings fittings Total |
| £ 3 £
At 01 September 2019 — 338,161 16,268 354,429
At 31 August 2020 338,161 16,268 354,429
Depreciation _
At 01 September 2019 - 15,259 15,259
Charge for year - 252 252
At 31 August 2020 = 15,511. 15,511
Net book values
At 31 August 2020
__: 338,164 57 «888,918
11. Creditors: amounts falling due within one year year
2020 2019
£ &.
Other creditors 5,597 3,029
12. Movement in funds ,
|
Unrestricted Funds . ,
Balance at Incoming Outgoing Balance at
01/09/2019 resources resources 31/08/2020
F £ £ £
General |
General | 622,577 67,201 (37,999) 651,779 |
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Creditors: amounts falling due within one year year Other creditors

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THE MUSLIMS COMMUNITY CENTRE Notes to the Financial Statements Continued For the year ended 31 August 2020

Unrestricted Funds - Previous year

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. Balance at Incoming Outgoing —— Balance at
01/09/2018 resources resources 31/08/2019
£ £ ) £ E
General
General | 542,920 109,323 (29,666) 622, 577
Purpose of unrestricted Funds ,
Rental Income ?
Support Costs
|
General
To provide services to the local community
13. Analysis of net assets between funds :
Tangible Net current Net Assets
fixed assets assets / | |
(liabilities)
| £ 3 £
Unrestricted funds .
General
General | 338,918 312,861 651,779 :
Previous year | |
Tangible Netcurrent Net Assets
) fixed assets assets /
(liabilities)
Unrestricted funds 2
General
General 339,170 283,407 622,577
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THE MUSLIMS COMMUNITY CENTRE Detailed Statement of Financial Activities For the year ended 31 August 2020 ,

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2020 | 2019
£ £
|
INCOME AND ENDOWMENT
Donations and legacies |
Donations | 46,188 97 323
Grants Receivable 9 013 -
Investments ,
|
Income From Investment Properties 12,000 12,000
| 12,000 12,000
Total incoming resources 67,201 109,323
EXPENDITURE
Charitable activities
Cost Of Direct Charitable Activity | (37,999) (29,666)
(37,999) (29,666)
Total resources expended
Net Income
29,202 79,657
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This page does not form part of the statutory financial statements

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