| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 6 | |
| Independent Examiner's |
Report | |||
| Statemeat afPinancial Activities | ||||
| Balance Sheet | ||||
| Cash Flaw Statement | 10 | |||
| Notes to the Cash Plow | Statement | |||
| Notes to the Financial Statemeuts | 12 | to | 17 | |
| Detailed Statement ofIInancial Activities | 18 | to | 19 |
| nt ofFinancial Activities for tbe Year Ended 31March 2021 |
|||
|---|---|---|---|
| 31.3.21 | 31.3.20 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies |
664,574 | 647,097 | |
| Other trading activities |
1,934 | ||
| Other income | 17,751 | 44,578 | |
| Total | 682425 | 693,609 | |
| EXPENDITURE ON | |||
| Raising funds | 8,821 | ||
| Charitable activities |
|||
| General | 499425 | 586,862 | |
| Other | 52,135 | 122335 | |
| Total | 552,110 | 717,918 | |
| NET INCOME/(EXPENDITURE) | 130415 | (24,309) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 3,858,550 | 3,882,859 | |
| TOTAL FUNDS CARRIED FORWARD | EBB,765 | 3,858,550 |
| 312.21 | 31.3.20 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | |||
| FIXEDASSETS | |||
| Tangible assets | 3)522,663 | 3,531,536 | |
| CURRENT ASSETS | |||
| Debmrs | 12 | 8' 97 | 56,073 |
| Prepayments and accrued income |
1,912 | ||
| Cash at bank and in hand | 463,967 | 286,099 | |
| 472)964 | 344,084 | ||
| CREDITORS | |||
| Amounts falling due within one year |
13 | (6dt62) | (17,070) |
| NET CURRENT ASSETS | 466,102 | 327,014 | |
| TOTAL ASSETSLESSCURRENT LIABILITIES | 3,988,765 | 3,858,550 | |
| NET ASSETS | 3,988,765 | 3,858,550 | |
| FUNDS | 14 | ||
| Unrestricted funds |
3,988,765 | 3,858,550 | |
| TOTAL FUNDS | 3rt88,765 | 3,858,550 |
| 319.21 | 31.3.20 | |||
|---|---|---|---|---|
| Notes | ||||
| Cash flows from operating | activities | |||
| Cash generated fiom operations |
177468 | 3,830 | ||
| Net cash provided by operating activities |
177)868 | 3,830 | ||
| Cash flows from investing | activities | |||
| Purchase ofOingibt efixed assets | (21,576) | |||
| Net cash provided by/(used |
in) investing | activities | (21,576) | |
| Change in cash and cash equivalents | in the | |||
| reporting period | 177,868 | (17,746) | ||
| Cash and cash wiuivatents | at the beginning ofthe | |||
| reporting period |
286,099 | 303,845 | ||
| Cash and cash eituiva)eats | at the end | ofthe | ||
| reporting period |
463967 | 286,099 |
| ear Ended 31March 202 | ear Ended 31March 202 | 1 | 1 | ||||
|---|---|---|---|---|---|---|---|
| RECONCILIATION OF | NET INCOME/(EXPENDITURE) | TO NET CASH | FLOW FROM | OPERATINC | ACTIVITIES | ||
| 313.21 f |
31.3.20 f |
||||||
| Net income/(expenditure) | for the reporting | period (as per the | Statement of | ||||
| Financial Activities) | 130415 | (24,309) | |||||
| Adjustments for: |
|||||||
| Depreciation charges |
gv872 | 82,518 | |||||
| Decrease/(increase) | in debtors | 48 stgg | (24,279) | ||||
| Decrease in creditors | (10,207) | (30,100) | |||||
| Net cash provided by operations | 177,868 | 3,830 | |||||
| ANALYSIS OFCHANGES IN NET FUNDS | |||||||
| At 1.4.20 | Cash flow | At31.3.21 | |||||
| Net cash | |||||||
| Cash at bank and in | hand | 286,099 | 177468 | 463,967 | |||
| 286)099 | 177dt68 | 463,967 | |||||
| Total | 286,099 | 177dt68 | 463J67 |
| Plant and maohinery | 15%on reducing | balance |
|---|---|---|
| Fixtures and fittings | 25%on reducing | balance |
| 3M,21 | 31.3.20 | ||||
|---|---|---|---|---|---|
| Private donation | (5) | ||||
| Donations | 383,448 | 425447 | |||
| Giit aid | 50410 | ||||
| Legacies and endowment | 421 | 20,921 | |||
| Grants | 61,648 | 76,362 | |||
| Fees and contributions | 3,361 | ||||
| Friday offerings | 16,190 | 73371 | |||
| Zskat, sadaqa and fitrana | -res | 5,096 | 9,861 | ||
| Ramadan collections |
4g70 | 30,388 | |||
| Eid coHections | 6,811 | ||||
| Grenfell tower | 875 | ||||
| Government furlough |
grant | 142496 | |||
| 664,574 | 647,097 | ||||
| Grants received, included | in the above, are as follows: | ||||
| 31.3.21 | 31.3.20 | ||||
| 61448 | 76,362 | ||||
| OTIIERTRADING | ACTIVITIES | ||||
| 3L321 | 31..3.20 | ||||
| Canteen receipts | 1,934 | ||||
| RAISING FUNDS | |||||
| Raising donations | and | legacies | 31.321 | 31.3.20 | |
| Cost ofitems sold | 7,031 | ||||
| Imam cover | 750 | 1,790 | |||
| 8,821 |
| Support | ||||||||
|---|---|---|---|---|---|---|---|---|
| Direct | costs (see | |||||||
| Costs f |
note 6) | Tolals | ||||||
| General | 475,D88 | 24,137 | 499825 | |||||
| SUPPORT COSTS | ||||||||
| Governance | ||||||||
| Finance | costs | Totals | ||||||
| Other resources expended | 1,800 | 12100 | ||||||
| General | 12150 | 22487 | 24,137 | |||||
| ld/50 | 24&087 | 25&937 | ||||||
| NET INCOME/(EXPENDITURE) | ||||||||
| Net income/(expenditure) | is stated ailer charging/(crediting): | |||||||
| 31.3.21 | 31.3.20 | |||||||
| f. | f | |||||||
| Depreciation - owned | assets | 8,873 | 82,518 | |||||
| TRUSTEES' | REMUNERATION | AND BENEFITS | ||||||
| There were no | trustees' | remuneration | orother benefits for the year ended 31 | March 2021 nor for the year ended 31March 2020. | ||||
| Trustees expenses |
||||||||
| There were no | trustees' | expenses pmd for the year ended 31 March 2021 nor for the year ended | 31March 2020. | |||||
| There were f0 trustees' | expenses for | the year | ended 31March 2021 (f0 for | the year ended 31March 2020) | ||||
| STAFFCOSTS | ||||||||
| 31.3/21 | 31.3.20 | |||||||
| Wages and salaries Social security costs |
357,136 30&401 |
361,668 27,354 |
||||||
| Other pension | costs | 8,062 | 8,720 | |||||
| 395,599 | 397,742 | |||||||
| The average monthly | number ofemployees | during the year was as follows: | ||||||
| 31.321 | 31.3.20 | |||||||
| Management | and support staff | 20 | 28 | |||||
| No employees | received | emoluments | in excess off60,000. |
| COMPARATIVES F | ORTHE STATEMENT OF | FINANCIAL ACTIVI | TIES | ||
|---|---|---|---|---|---|
| Unrestricted | |||||
| fund | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
647,097 | ||||
| Other trading activities |
1,934 | ||||
| Other income | 44,578 | ||||
| Total | 693,609 | ||||
| EXPENDITURE ON | |||||
| Raising funds | 8,821 | ||||
| Charitable activities |
|||||
| General | 586,862 | ||||
| 122,235 | |||||
| Total | 717,918 | ||||
| NETINCOME/(EXPENDITURE) | (24,309) | ||||
| RECONCILIATIO'N | OF FUNDS | ||||
| Total funds brought | for&vard | 3,882,859 | |||
| TOTAL FUNDS CARRIED FORWARD | 3,858,550 | ||||
| TANCIBLE FIXED | ASSETS | ||||
| Fixtures | |||||
| Freehold | Plant and | ar&d | |||
| property | machinery | Sttings | Totals | ||
| f, | 6 | 6 | |||
| COST | |||||
| At 1 April 2020and 31March 2021 | 4&798,903 | 111,111 | 232,948 | 5,142,962 | |
| DEPRECIATION | |||||
| At I April 2020 Charge foryear |
1~9&430 | 94,682 2,464 |
207814 6&409 |
1,611,426 8473 |
|
| At 31hsarch 2021 | 1409,430 | 97,146 | 213,723 | 1,620499 | |
| NET BOOKVALUE | |||||
| At 31March 2021 | 3,489&473 | 13&165 | 19425 | 3,522,663 | |
| At 31March 2020 | 3,489,473 | 16,429 | 25,634 | 3,531,536 |
| 12. | DEBTORS:A | MOUNTS FA | LLI | NG DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|---|---|---|
| 31221 | 31.3.20 | ||||||
| Trade debtors | 51,644 | ||||||
| Other debtors | 4,429 | ||||||
| 8,997 | 56,073 | ||||||
| 13. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 319.21 | 31.3.20 | ||||||
| Trade creditors | H) | 15,785 | |||||
| Other creditors | 53)63 | 85 | |||||
| Accrued expenses | 13100 | 1,200 | |||||
| 6462 | 17,070 | ||||||
| 14. | MOVEMENT IN FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At 14.20 | in funds | 31.3.21 | |||||
| f | f | ||||||
| Unrestricted | funds | ||||||
| General fund | 3,858,550 | 130415 | 3,9S8,765 | ||||
| TOTAL FUNDS | 34514550 | 130/15 | 3,988,765 | ||||
| Net movement | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| f | |||||||
| Unrestricted | funds | ||||||
| Geneml fund | 682425 | (552,110) | 130,215 | ||||
| TOTAL FUNDS | 682425 | (552,110) | 130415 | ||||
| Comparatives | for movement | in | funds | ||||
| Net | |||||||
| movement | At | ||||||
| At 1,4.19 f |
in funds | 31.3.20 | |||||
| Unrestricted | funds | ||||||
| General fund | 3,882,859 | (24,309) | 3,858,550 | ||||
| TOTAL FUNDS | 3,882,859 | (24,309) | 3,858,550 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended f |
in funds | ||
| Unrestricted | funds | |||
| Geneml fund | 693,609 | (717,918) | (24,309) | |
| TOTAL FUNDS | 693,609 | (717,918) | (24,309) |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.4.19 | in funds | 31.3.21 | ||
| Unrestricted | funds | |||
| General fund | 3,882,859 | 105,906 | 3,988,765 | |
| TOTAL FUNDS | 3,882,859 | 105906 | 3 988765 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 1,375,934 | (1,270,028) | 105,906 | |
| TOTAL FUNDS | 1,375,934 | (1,270,028 ) | 105,906 |
| forthe YearKnded | 3 | IM r h2 I |
||
|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||
| INCOME AND ENDOWMENI'S | ||||
| Donations and legacies | ||||
| Private donation | (5) | |||
| Donations | 383,448 | 425,247 | ||
| Gill aid | 50410 | |||
| Legacies and endowment | 421 | 20,921 | ||
| Grants | 619648 | 76,362 | ||
| Fees and contributions | 3,361 | |||
| Friday ofFerings | 16,190 | 73,271 | ||
| Zakat, sachuia and fitrana -res | 5,096 | 9,861 | ||
| Ramadan collections |
4dl70 | 30,388 | ||
| Kid collections | 6,811 | |||
| Grenfell tower | 875 | |||
| Government furlough |
grant | 142496 | ||
| 664474 | 647,097 | |||
| Other trading activities | ||||
| Canteen receipts | 1,934 | |||
| Other income | ||||
| Rent received | 12,000 | 18,000 | ||
| Hall hire | 4,500 | 16,483 | ||
| Activities income | 1451 | 4,998 | ||
| Training and learning |
1,477 | |||
| Classes | 3,620 | |||
| 17,751 | 44,578 | |||
| Total incoming resources | 682425 | 693,609 | ||
| EXPENDITURE | ||||
| Raising denatiens Cost ofitems sold |
and legacies | 7,031 | ||
| Imam cover | 750 | 1,790 | ||
| 8,821 | ||||
| Charitable activities |
||||
| Wages Social security Pensions |
357,136 30,401 8,062 |
361,668 27,354 8,720 |
||
| Rates snd water | 11,660 | 10,531 | ||
| Insurance | 6,764 | 7,893 | ||
| Carded forward | 414,023 | 416,166 |
| 31.3.21 | 31.3.20 | |||
|---|---|---|---|---|
| 5 | ||||
| Charitable activities |
||||
| Brought forward | 414)023 | 416,166 | ||
| Light and heat | 24,420 | 21,712 | ||
| Telephone | 2380 | 1,645 | ||
| Postage snd stationery | 1,487 | 3,877 | ||
| Sundries | 210 | 16 | ||
| Catering and refreshments |
6,422 | |||
| Sessional tutors | 7,583 | |||
| Elderly welfare | 1,932 | |||
| Staffwe/fare | 338 | |||
| Stafftraining | 474 | |||
| Cleaning | 5,751 | 14,051 | ||
| Repairs dc maintenance | 13818 | 34,351 | ||
| Computing running |
cost | 3,160 | 437 | |
| Travelling expenses |
1,069 | |||
| Zakat and fitrsna -restrict | 4,950 | 10,383 | ||
| Support -Grenfell victims |
10,093 | |||
| Ramadan expenses |
21,914 | |||
| Eid fttri party expenses | 5,519 | |||
| Counselling expenses |
1,120 | 1,150 | ||
| Office expenses | 871 | |||
| Volunteer's expenses |
7 | 316 | ||
| Waste and refuse | 2,483 | |||
| Subscriptions | 1,903 | 673 | ||
| Covid-19 expenses | 1,959 | |||
| 475,088 | 563,475 | |||
| Other | ||||
| Project expenses | 41,463 | 39,717 | ||
| Freehold ProPerty | 72,697 | |||
| Fixtures and fittings | 6,408 | 6,136 | ||
| Computer equipment |
2,464 | 3,685 | ||
| 50435 | 122,235 | |||
| Support costs | ||||
| Finance | ||||
| Bank charges | 1,850 | 2,462 | ||
| Governance costs |
||||
| Legal and professional | fees | 2447 | 2,897 | |
| Consultancy fees |
20,040 | 16,828 | ||
| independent examineA |
fees | Idgtg | 1,200 | |
| 24,087 | 20,925 | |||
| Total resources expended | 552,110 | 717,918 | ||
| Net income/(expenditure) | 130415 | (24,309) |