Charity number: 1055241
THE MUSLIMS COMMUNITY CENTRE
Report of the Trustees and Unaudited Financial Statements For the year ended 31 August 2022
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THE MUSLIMS COMMUNITY CENTRE Report of the Trustees For the year ended 31 August 2022
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 August 2022. 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)’.
REFERENCE AND ADMINISTRATIVE INFORMATION
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Trustees
The trustees and officers serving during the year and since the year end were as follows:
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Approved by the Board of Trustees and signed on its behalf by serine ec ea ” June 2023
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THE MUSLIMS COMMUNITY CENTRE Independent Examiners Report to the Trustees For the year ended 31 August 2022 | report on the accounts of the charity for the year ended 31 August 2022, which comprise the Statement of Financial Activities, the Statement of Financial Position and the related notes. 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 that an independent examination is required. 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 the 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:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements: - to keep accounting records in accordance with 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
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 4 , ‘ f=Nesar Alli FeJune 20230 Chartered Certified Accountant 121 Violet Avenue Hillingdon Middlesex UB8 3PT
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THE MUSLIMS COMMUNITY CENTRE Statement of Financial Activities For the year ended 31 August 2022
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||||||
|---|---|---|---|---|
|Notes|Unrestricted|2021|
|funds|
|£|x|
|Income|and|endowments|from:|
|Donations and|legacies|2|122,995|103,625|
|Investments|3|12,000|11,000|
|_—|Cr|||waamone"||
|Expenditure|on:|
|Charitable|activities|4/5|(39,600)|(36,010)|
|ena|=39,600) a(36,010)|
|Net income|95,395|78,615|
|Reconciliation|of|funds|
|Total|funds|brought forward|730,394|651,779|
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THE MUSLIMS COMMUNITY CENTRE Statement of Financial Position As at 31 August 2022
| Notes | 2022 | 2021 | ||
|---|---|---|---|---|
| 3 | £ | |||
| Fixed assets | ||||
| Tangibleassets | 10 | 593,547 | 338,729 | |
| Pvevmeeemeeen | wae idk |
Seiad | aeee | |
| Cash at bank and in hand | 232,581 | 395,063 | ||
| Creditors: amounts fallingduewithin oneyear | 11 | (339) | (3,398) | |
| Netcurrentassets | 232,242 | 391,665 | ||
| Total assets less current liabilities | 825,789 | ——-730,394 | 730,394 | |
| The funds ofthe charity | ||||
| Unrestrictedincomefunds | 12 | 825,789 | 730,394 |
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The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
‘ |
Mr A Mirza
Trustee
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THE MUSLIMS COMMUNITY CENTRE Notes to the Financial Statements For the year ended 31 August 2022
- 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). 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 to efficiently 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
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| 2022 | 2021 | ||
|---|---|---|---|
| z | J | ||
| Unrestricted funds | |||
| Donations received | 121,485 | 78,973 | |
| Grants received | 1500 | 24,652 | |
| 3. | Investment income | ||
| 2022 | 2021 | ||
| £ | E | ||
| Unrestricted funds | |||
| Incomefrominvestmentproperties | 12,000 | 11,000 |
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THE MUSLIMS COMMUNITY CENTRE Notes to the Financial Statements Continued For the year ended 31 August 2022
4. Costs of charitable activities by fund type
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Unrestricted funds | |||
| Support Costs | 39,600 | 36,010 | |
| 5. | Costs ofcharitable activities by activity type | ||
| 2022 | 2021 | ||
| £ | ‘ | ||
| Activities undertaken directly | |||
| Support Costs | 39,600 | 36,010 | |
| 6. | Net income/(expenditure) fortheyear | ||
| This is stated after charging/(crediting): | |||
| 2022 | 2021 | ||
| x | £ | ||
| Depreciation ofowned fixed assets | 142 | 189 | |
| Staff pension contributions | 423 | 410 | |
| 7. | Staff costs | ||
| Total staff costs forthe yearended 31 August 2022 were: | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Salaries and wages | 29,014 | 29,604 | |
| Pension costs | 423 | 410 | |
| 2022 | 2021 | ||
| Staff | a | 3 |
7. Staff costs
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 MUSLIMS COMMUNITY CENTRE Notes to the Financial Statements Continued For the year ended 31 August 2022
- Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activities are for unrestricted funds.
10. Tangible fixed assets
| Land and | Fixtures and | Fixtures and | |||
|---|---|---|---|---|---|
| Costor valuation | buildings | fittings | Total | ||
| £ | £ | £ | |||
| At 01 September2021 | 338,161 | 16,268 | 354,429 | ||
| Additions | 254,960 | - | 254 960 | ||
| At31 August2022 | 593,121 | 16,268 | = | 609,389 | |
| Depreciation | |||||
| At 01 September2021 | - | 15,700 | 15,700 | ||
| Charge foryear | - | 142 | 142 | ||
| Net book values | |||||
| At 31 August 2022 | ce 993121ARB | 593,547 | |||
| At 31 August 2021 | a998,161 | 0 | 6B338,729 |
- Creditors: amounts falling due within one year
Other creditors
| 2022 | 2021 |
|---|---|
| 2 | £ |
| 339 | 3,398 |
12. Movement in funds
| Unrestricted | Funds | ||||
|---|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | ||
| 01/09/2021 | resources | resources | 31/08/2022 | ||
| £ | £ | £ | £ | ||
| General | |||||
| General | 730,394 | 134,995 | (39,600) | 825,789 |
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THE MUSLIMS COMMUNITY CENTRE Notes to the Financial Statements Continued For the year ended 31 August 2022
Unrestricted Funds - Previous year
| Unrestricted Funds - Previous year | |||||||
|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | ||||
| 01/09/2020 | resources | resources | 31/08/2021 | ||||
| £ | £ | 2 | £ | ||||
| General | |||||||
| General | 651,779 | 114,625 | (36,010) | 730,394 | |||
| Purpose of unrestricted Funds | |||||||
| Rental Income | |||||||
| Support Costs | |||||||
| General | |||||||
| To provide services to the local community | |||||||
| 13. | Analysis of netassets between funds | ||||||
| Tangible | Netcurrent | NetAssets | |||||
| fixed | assets | assets | / | ||||
| (liabilities) | |||||||
| £ | e | £ | |||||
| Unrestricted funds | |||||||
| General | |||||||
| General | 593,547 | 232,242 | 825,789 | ||||
| Previous year | |||||||
| Tangible | Netcurrent | NetAssets | |||||
| fixed | assets | assets / | |||||
| (liabilities) | |||||||
| £ | £ | 3 | |||||
| Unrestricted funds | |||||||
| General | |||||||
| General | 338,729 | 391,665 | 730,394 |
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THE MUSLIMS COMMUNITY CENTRE Detailed Statement of Financial Activities For the year ended 31 August 2022
| 2022 | 2021 | |
|---|---|---|
| 2 | £ | |
| INCOME AND ENDOWMENT | ||
| Donations and legacies | ||
| Donations | 121,485 | 78,973 |
| Grants Receivable | 1,510 | 24,652 |
| 122,995 | 103,625 | |
| Investments | ||
| Income From Investment Properties | 12,000 | 11,000 |
| 12,000 | 11,000 | |
| Total incoming resources | ——_“ae | “a7 aE |
| EXPENDITURE | ||
| Charitable activities | ||
| CostOf Direct Charitable Activity | (39,600) | (32,104) |
| (39,600) | (32,104) | |
| SUPPORT COSTS | ||
| Governance costs | ||
| Governance Costs | - | (3,906) |
| Oe | ||
| , | (3,906) | |
| Saadwesmemerenenndel | ee735,600) | —": |
9 of 9 This page does not form part of the statutory financial statements