||||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||||||||||||||||||||||||||
|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||||||||||||||||||||||||||
|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||||||||||||||||||||||||||
|97Kensington
Gardens||||||||||||||||||||||||||
|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)|