JAMIA DARUS SUNNAH LONDON Charity Registration Number: 1059837 Company Registration Number: 3286092 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 REPORTING ACCOUNTANTS: AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA TEL= 020 7790 6111 Page 1 of 10
JAMIA DARUS SUNNAH LONDON FOR THE YEAR ENDED 31 DECEMBER 2023 CONTENTS Pages Information of financial Statements Report of the Executive Committee statement of responsibilities of the Committee.. Independent Examinels Report Income and Expenditure Accounts Statement of Assets and Liabilities Notes to the Accounts 10 Page2 of 10
JAMIA DARUS SUNNAH LONDON FOR THE YEAR ENDED 31 DECEMBER 2023 DIRECTORS CHAIR PERSON Mohammed Gulam Kibria GENERAL SECRETARY Hussain Ahmed TREASURER Mohammed Mubarak Ali REG. ADDRESS 98 Woodgrange Road Forest Gate London E7 OEN BANKER BARCLAYS BANK PLC INDEPENDENT EXAMINER AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E14SA TEL. 020 7790 6111 Chari 's Trusteesl Directors Mohammed Gulam Kibria Hussain Ahmed Mohammed Mubarak Ali Muhammed Nazir Uddiri Razzaque Fazlur Rahman Page3 of10
JAMIA DARUS SUNNAH LONDON REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 DECEMBER 2023 The Directors present their report and financial statements for the year ended 31 December 2023. Tlie Trustees have adopted the provisions of the Statement of Recomniended Practice (SORP) Accountiiig and Reportiiig by Charities issued in 2005 in preparing the annual report and fiiiancial stateineiits of the Charity. Legal Status: Coinpany: Liinited by guarantee, company number: 3286092 Charity: Registered with the Charity Commission, Charity Nuinber: 1059837 Directors and their interest: The following served as directors of the company during the year: Mohammed Gulam Kibria Flussain Ahimed Mohamined Mubarak Ali Miihamined Nazir Uddin Razzaque Objects, Principal Activities and Organisation of the Charity The Charity 1.% constituted as a coinpany limited by guarantce. and is iherefore governed by a Inemorandum and articles of association. The Charity was established with aims & objectives as follows: The Charity is constitiited as a company limited by guarantee. and is therefore governed by a memorandum and articles of association. The Charity was established to advance the education of boys and girls and of the public in all aspects of Islam and to advance the Islamic religion. The main activity has been that of running schools for Islamic education and this has not changed since the last report. Page4of10
Organisation: A Management Cominittee, the menibers of whicli are both directors and trustees 11)anages the affairs of the coinpaiiy and charity. The Management Coininittee manages the business of the coinpany and charity includiiig the paying of all expenses. Trustees: Trustees, wlio are all tneinbers OF the executive committee, aiid who served during the year are set out on page 3. The trLlStees are elected at the Annual General Meeting, for Inembership of the Executive Committee and serve uiitil the end of the next Annual General Meeting, where they can stand for re- election as members of the new Executive Coinmittee. Directors and shareholding The directors do not have any shares in the company, the company being limited by guarantee. There was a change in the directorship olthe company during the year under consideration Directors, responsibilities in relation to the financial statements Thc directors are required by company law to prepare financial statements for eacli financial year wliich give il true and fair view ot- the financial activitics OF the charity and of its f inancial position at the end of that year. In preparing those financial statements the directors are required to: (a) select suilable accoutiling policies and apply them consistently- (b) iiiake judgements and esliinates that are reasonable and prudcnt- (c) state whether the policies adopted are in accordance with the Companies Act 1985 and with applicable standards and statements of recommended practice, subject lo any material departures disclosed and explained in the financial statements.. (d) prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in operation_ The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and det¢¢tion of fraud and other irregularities. This report, which has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 applicable to small companies. INDEPENDENT EXAMINER According to the provisions of the Charities Act 1993, the Committee has agreed that and audit is not required for thi5 financial year. However due to provisions of the same act an independent examiner is required. Page 5 of 10
Transaction and financial position The Slalement of Financial Activities shows net surplus for the year of £56.225 and our accumulated funds stand at £675,226 in totsl. AM Accountsncy Services carried out an independent examination of the accounts included in the report. This report. which has been prepared in accordance with the Statement of Recommended Practice {SORP} Accounting and Reporting by Charities issued in 2005. Approved by the director I trustees and signed on its behalf by Hussain Ahmed Director rustee Date: Page6 of 10
Accountants, Report To the Directors / Trustees of JAMIA DARUS SUNNAH LONDON We report on the accounts for the year ended 31 December 2023 set out on pages 8 to 10 which have been prepared under Ihe historical cost convention and the accounting policies set oul in note 1 to the financial ststements. Respeetive Responsibilities of Directors and Accountants As described on page 4 and 5 the COTnpany's directors are responsible for the preparation of the financial statements. and they consider that the company is exempt frotn an audit. It is our responsibility to cany out procedures designed to enable us to report our opinion to you. Basis of Opinion We condu¢ted our work in accordance with the Statement of Standards for Reporting Accountants, and so our procedures consisted of comparing the accounts with the accounting records kept by the Company, and making such limited enquiries of the trustees and officers as we considered necessary for the purpose of this report. These procedures provide only the assurance expressed in our opinion. Opinion In our opinion.. (a) The accounts are in agreement with the accounting records kept by the company under Companies Act 2006., (b) Having regard only to, and on the basis of, the information contained in those accounts.. (1) The accounts have been drawn up in a manner consistent with the accounting requirements specified of the Company Act, and (2) The company satisfied the conditions for the exemption from an audit oflhe accounts for the year specified of the Act and did not, at any time within that year, fall within any of the categorie5 of the companies not entitled to the exemption specified of Company Act 2006. AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA AM ACCOUNTANC.'I' sr.RIIIC F.S 43 BEN JONbllN KI)AL) LONDON LI ,ISt TEL.. 020 7790 6111 rAX.' O?0 7790 80J3 Date.. Page7of10
JAMIA DARUS SUNNAH LONDON INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Unrestricted Restricted Fund Fund Total Total Receipts JRS Grants Local Council Grants Donations and Contributions Students fees 168,643 20,330 168,643 20,330 64,542 29,850.0 TOTAL INCOME 188.973 188,973 94,392 Less Payments Wages and NIC Events, Activities and projects costs Rent. Rates. SeNice Charges & Water Cleaning. Maintainance. Light and Heat Freelance worker and volunteer expenses Postage. Stationeries and advertising Accounlancy Telephone & Internet Legal & professional and Newham Levy Repairs Bank & Credit Card charges Travel & Transports Insurance Depreciation 91,261 675 946 11.772 5,700 1,263 1.200 675 5.378 1,023 16 2.626 1,856 8.358 91,261 675 946 11,772 5,700 1,263 1.200 675 5,378 1,023 16 2.626 1,856 8.358 48,370 944 7,217 4.160 1,107 1.200 863 300 5,775 1,566 8,298 TOTAL EXPENSES 132,748 132.748 79.800 NET SURPLUS I(SHORTFALL) 56.225 56,225 14,592 Page 8 oflo
JAMIA DARUS SUNNAH LONDON BALANCE SHEET I STATEMENT OF ASSETS AND LIABILITIES AS AT 31 December 2023 NOTE 2023 Fixed Assets Freehold Propety & Equipments 807,770 807.770 Current Assets Cash at Bank & in Hand Other Debtors 23,654 2,200 25,854 23,654 2,200 25,854 Current Liabilities Amount falling due to one year 8,398 8,398 8,398 17,456 Creditors: Amounts Falling due after more than 1 year Privale Loa 150,000 150.000 NET CURRENT ASSETS I (LIABILITIES) 17,456 TOTAL ASSETS LESS CURRENT LIABILITIES 675.226 FUNDS- Balance BIF Income and Expenditure Account 619,001 56,225 Total Funds 675.226 The Notes on pages 10 form part of the financial statements. For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relats'ng to small companies. The members have not required the company to obtsin an audit in accourdance with section 476 oflhe Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect lo accounting iecords and the preparation of accounts. The accounts have been prepared in accourdance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime. The directors acknowledge their responsibility for= ensuring the company keeps accounting records which comply with Company Act 2006., and preparing accounts which give a true and fair view of the state of the affairs of the company as at the end of its financial year, and of its profit and loss for the financial year, in accordance wilh the provision in part 15 of Company Act 2006 and which otheNise comply with the requirements ofthe Companies Act relating to accounts. so far as applicable to the company. The Financial Statements were approved by the Directors oni£111L¥and signed on their behalf by: Hussain Ahmed Page 9of 10
JAMIA DARUS SUNNAH LONDON FOR THE YEAR ENDED 31 DECEMBER 2023 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES The financial statements have been compiled in accordance with the general directions given by the Charity Commission and with the Statements of recommended Practice. Depreciation on fixed assets are provided at the rate of 10010 on reducing balance method a. Basis of Accounting The accounts have been prepared under the historical cost convention of accounting. b. Grants Revenue grants are credited to the Income and Expenditure account on a receivable basis. c. Donations Donation are recorded on a receipt basis. Fix. Fitt. & Freehold EQP Property Total 2 Fixed Assets Cost l Bal BIF Additions 74.678 8,896 83,574 654.796 77,757 732.553 729.474 86.653 816,127 Depreciation Bal clf @10010 8,357 75,217 8.357 807,770 732,553 3. LIABILITIES Amount failing due wilhin one year Other Accruals Accountancy 7,198 1,200 8,398 Amounts Falling due after more than 1 year 4 Private Loan Balance BIF 157,000 Add.. Raised During Year Less Paid during Ihe year Balance CIF 16.500 23,500 150,000 Sca ital and Reserves: Balance at 0110112023 619,001 Surplus During Year 56.225 Actual Balance as at 3111212023 675,226 Page10of10