| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 6 | to | 10 | |
| Detailed Statement ofFinancial Activities | 11 | to | 12 |
| The trustees present their report with | The trustees present their report with | the | financial | financial | financial | statements | statements | statements | ofthe charity | ofthe charity | ofthe charity | ofthe charity | ofthe charity | for the year ended 31 March 2022. | for the year ended 31 March 2022. | for the year ended 31 March 2022. | for the year ended 31 March 2022. | for the year ended 31 March 2022. | for the year ended 31 March 2022. | for the year ended 31 March 2022. | for the year ended 31 March 2022. | The trustees | The trustees | The trustees | The trustees |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| have adopted the provisions ofAccounting and Reporting by Charities: Statement ofRecommended Practice applicable charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic |
to of |
||||||||||||||||||||||||
| Ireland (FRS 102)(effective 1 January |
2019). | ||||||||||||||||||||||||
| North Ilford Islamic Centre's aims |
and | objectives | are used | to provide | services | and | facilities | for the local | and | wider | |||||||||||||||
| community fiom all backgrounds. |
Some | examples ofour achievements | and purposes | are as follows: | |||||||||||||||||||||
| -We have established a local food |
bank to | help | and | aid | the deprived and |
disadvantage | people. | ||||||||||||||||||
| -We support the Local Redbridge | Mayor. | ||||||||||||||||||||||||
| -We provide help and supply Christmas |
dinners | for | the | local homeless | people. | ||||||||||||||||||||
| -To support world-wide charities |
and | their | aims and | objectives | including | India, Zimbabwe, | and many others. | ||||||||||||||||||
| —Our Madressa Tuition was provided | during the year by NMDK | training. | |||||||||||||||||||||||
| North Ilford Islamic Centre's Trustees | formed | a Youth Sub-Committee | in | 2019to | whichever | its goals and targets. | The | main | |||||||||||||||||
| objectives are as follows: | |||||||||||||||||||||||||
| - Assist the Trustees in making |
Short | and | long | term strategic decisions |
for | the benefit | of the Masjid | and | the | local | |||||||||||||||
| community. | |||||||||||||||||||||||||
| -Engage the youngsters by organising |
various | indoor and outdoor events | in | order | to involve | and develop them. | |||||||||||||||||||
| -Assist in operating the masjid including |
its Operations, | Volunteering, | Finances &Charity, | Human | Resources, | Compliance, | |||||||||||||||||||
| Marketing and Health &Safety |
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| Youth Sub-Committee: | |||||||||||||||||||||||||
| (Maulana) Farooq Suleman - Chairman | |||||||||||||||||||||||||
| Alwi Mohamed - Vice-Chairman | |||||||||||||||||||||||||
| Areeb Mailk - Secretary | |||||||||||||||||||||||||
| (Qari) Adil Yusuf | |||||||||||||||||||||||||
| Atif Mahmood | |||||||||||||||||||||||||
| Foisol Uddin | |||||||||||||||||||||||||
| Haroon Mohammad | |||||||||||||||||||||||||
| Imran Dakri | |||||||||||||||||||||||||
| (Hafiz) Junaid Patel | |||||||||||||||||||||||||
| Shahid Afzal | |||||||||||||||||||||||||
| STRUCTURE, GOVERNANCE | AND | MANAGEMENT | |||||||||||||||||||||||
| Governing document |
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| The charity is controlled by its governing |
document, | a deed of | trust and | constitutes | an | unincorporated | charity. | ||||||||||||||||||
| The charity was established by a charitable |
trust | deed | on | 6th May | 1997. | ||||||||||||||||||||
| REFERENCE AND ADMINISTRATIVE | DETAILS | ||||||||||||||||||||||||
| Registered Charity number | |||||||||||||||||||||||||
| 1062761 | |||||||||||||||||||||||||
| Principal address |
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| 97Kensington Gardens |
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| Ilford | |||||||||||||||||||||||||
| Essex | |||||||||||||||||||||||||
| IG1 3EN |
| for the Year Ended 31March 20 | 22 | |||||
|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||||
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
1,223 | 18,162 | 19,385 | 11,969 | ||
| Charitable activities |
||||||
| Incoming resources Rom charitable | activities | 188,475 | 188,475 | 83,710 | ||
| Other trading activities | 200 | 200 | 180 | |||
| Investment income |
19,870 | 19,870 | 22,200 | |||
| Total | 209,768 | 18,162 | 227,930 | 118,059 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Incoming resources from charitable | activities | 100,241 | 100,241 | 122,888 | ||
| Other | 1,320 | 14,971 | 16,291 | 9,408 | ||
| Total | 101,561 | 14,971 | 116,532 | 132,296 | ||
| NET INCOME/(EXPENDITURE) | 108,207 | 3,191 | 111,398 | (14,237) | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
1,394,987. | 4,507 | 1,399,494 | 1,413,731 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,503,194 | 7,698 | 1,510,892 | 1,399,494 |
| Balance Sheet 31March 2022 |
|||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Notes | |||
| FIXEDASSETS | |||
| Tangible assets | 1,315,228 | 1,288,311 | |
| CURRENT ASSETS | |||
| Prepayments and accrued income |
2,785 | 2,766 | |
| Cash at bank | 194,839 | 111,114 | |
| 197,624 | 113,880 | ||
| CREDITORS | |||
| Amounts falling due within one year |
(1,960) | (2,697) | |
| NET CURRENT ASSETS | 195,664 | 111,183 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 1,510,892 | 1,399,494 | |
| NET ASSETS | 1,510,892 | 1,399,494 | |
| FUNDS | |||
| Unrestricted funds |
1,503,194 | 1,394,987 | |
| Restricted funds | 7,698 | 4,507 | |
| TOTAL FUNDS | 1,510,892 | 1,399,494 |
| 31.3.22 | 31.3.21 | ||
|---|---|---|---|
| Rents | received | 19,870 | 22,200 |
| STAFF COS | TS | ||||||
|---|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||||
| Wages and salaries | 27,438 | 29,961 | |||||
| 27,438 | 29,961 | ||||||
| The average monthly | number ofemployees | during the year was as follows: | |||||
| 31.3.22 | 31.3.21 | ||||||
| Staff | 13 | 13 | |||||
| No employees | received emoluments | in excess of260,000. | |||||
| TANGIBLE | FIXEDASSETS | ||||||
| Improvements | Fixtures | ||||||
| Freehold | to | and | |||||
| property | property | fittings | Totals | ||||
| COST | |||||||
| At 1 April 2021 Additions |
1,090,240 | 196,449 23,020 |
19,015 3,897 |
1,305,704 26,917 |
|||
| At 31March | 2022 | 1,090,240 | 219,469 | 22,912 | 1,332,621 | ||
| DEPRECIATION | |||||||
| At 1 April 2021 and | 31March 2022 | 17,393 | 17,393 | ||||
| NET BOOK | VALUE | ||||||
| At 31March | 2022 | 1,090,240 | 219,469 | 5,519 | 1,315,228 | ||
| At 31March | 2021 | 1,090,240 | 196,449 | 1,622 | 1,288,311 |
| CREDITORS | : AMOUNTS FA | LLING DUE WITHIN ONE Y | EAR | ||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| Trade creditors | (1) | ||||
| Social security | and other taxes | (420) | |||
| Other creditors | 1,000 | 1,000 | |||
| Wages Payable | 978 | ||||
| Accruals | 960 | 1,140 | |||
| 1,960 | 2,697 | ||||
| ANALYSIS OFNET ASSETS | BETWEEN FUNDS | ||||
| 31.3.22 | 31.3.21 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| E | |||||
| Fixed assets | 1,315,228 | 1,315,228 | 1,288,311 | ||
| Current assets | 189,926 | 7,698 | 197,624 | 113,880 | |
| Current liabilities | (1,960) | (1,960) | (2,697) | ||
| 1,503,194 | 7,698 | 1,510,892 | 1,399,494 | ||
| MOVEMENT | IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.4.21 | in funds | 31.3.22 | |||
| Unrestricted funds |
|||||
| General fund | 1,394,987 | 108,207 | 1,503,194 | ||
| Restricted funds | |||||
| Restricted fund | 4,507 | 3,191 | 7,698 | ||
| TOTAL FUNDS | 1,399,494 | 111,398 | 1,510,892 | ||
| Net movement | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 209,768 | (101,561) | 108,207 | ||
| Restricted funds | |||||
| Restricted fund |
18,162 | (14,971) | 3,191 | ||
| TOTAL FUNDS | 227,930 | (116,532) | 111,398 |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.4.20 | in funds | 31.3.21 | ||||
| Unrestricted funds |
||||||
| General fund | 1,411,215 | (16,228) | 1,394,987 | |||
| Restricted funds | ||||||
| Restricted fund |
2,516 | 1,991 | 4,507 | |||
| TOTAL FUNDS | 1,413,731 | (14,237) | 1,399,494 | |||
| Comparative net movement |
in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund |
106,990 | (123,218) | (16,228) | |||
| Restricted funds | ||||||
| Restricted fund |
11,069 | (9,078) | 1,991 | |||
| TOTAL FUNDS | 118,059 | (132,296) | (14,237) | |||
| A current year 12months | and prior year 12 months | combined position is as follows: | ||||
| Net | ||||||
| movement | At | |||||
| At 1.4.20 | in funds | 31.3.22 | ||||
| Unrestricted funds |
||||||
| General fund | 1,411,215 | 91,979 | 1,503,194 | |||
| Restricted funds | ||||||
| Restricted fund | 2,516 | 5,182 | 7,698 | |||
| TOTAL FUNDS | 1,413,731 | 97,161 | 1,510,892 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 316,758 | (224,779) | 91,979 |
| Restricted funds | |||
| Restricted fund |
29,231 | (24,049) | 5,182 |
| TOTAL FUNDS | 345,989 | (248,828) | 97,161 |
| for the Year Ende | d 31March 2022 | ||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 18,162 | 11,069 | |
| Membership | 1,223 | 900 | |
| 19,385 | 11,969 | ||
| Other trading activities |
|||
| Book and radio sale | 200 | 180 | |
| Investment income |
|||
| Rents received | 19,870 | 22,200 | |
| Charitable activities |
|||
| Donation | 137,835 | 40,091 | |
| Tuition fees | 50,640 | 37,379 | |
| Grants | 6,240 | ||
| 188,475 | 83,710 | ||
| Total incoming resources |
227,930 | 118,059 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Masjid Wages | 27,438 | 29,961 | |
| Rates and water | 2,174 | 3,464 | |
| Insurance | 2,411 | 2,382 | |
| Light and heat | 6,554 | 5,232 | |
| Telephone | 362 | 305 | |
| Postage and stationery | 450 | 250 | |
| Sundries | 1,317 | 1,350 | |
| Safety and security | 350 | ||
| Repair, maintenance | &cleaning | 2,492 | |
| Cleaning | 490 | ||
| Ramadhan car park |
facility | 1,500 | |
| Madressa consultancy |
21,912 | 21,158 | |
| Madressa contractors | 19,557 | ||
| Madressa wages | 35,620 | 25,160 | |
| Personal protective | equipment | 6,497 | |
| Fixtures and fittings | 716 | ||
| 98,238 | 120,864 |
| for the Year | Ended 31March 2022 | ||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Charitable activities |
|||
| Other | |||
| Restricted expenditure | 14,971 | 9,078 | |
| Donation - Charity | 1,320 | 330 | |
| 16,291 | 9,408 | ||
| Support costs | |||
| Finance | |||
| Bank charges | 1,223 | 634 | |
| Governance | costs | ||
| Accountancy | and legal fees | 780 | 1,390 |
| Total resources | expended | 116,532 | 132,296 |
| Net income/(expenditure) | 111,398 | (14,237) |