Charity Registration Number
1067104
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
FOR
JAMIA MASJID GULSHAN-E-BAGHDAD MOSQUE COMMITTEE
JAMIA MASJID GULSHAN-E-BAGHDAD MOSQUE COMMITTEE
CONTENTS OF THE FINANCIAL STATEMENTS For The Year Ended 31 December 2020
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 8 |
| Detailed Statement of Financial Activities | 9 |
JAMIA MASJID GULSHAN-E-BAGHDAD MOSQUE COMMITTEE REPORT OF THE TRUSTEES (CONTINUED) For The Year Ended 31 December 2020
STRUCTURE, GOVERNANCE AND MANAGEMENT (CONTINUED)
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The main objective of the charity is to promote the Muslim faith.
Significant activities
For the purpose of attaining the aforesaid objectives, but not otherwise, the charity shall provide the following services and activities currently provided, maintained or otherwise sponsored by the mosque:
Promotion of the Islamic Faith Create more interfaith dialogue and events Provide a place of worship Provide information of health and social welfare Provide Quranic classes Provide bereavement services Hold regular prayers Perform funeral prayers Provide literature about Islam
Public benefit
When planning our activities for the year, the trustees have considered the Commission's guidance on public benefit and, in particular, the specific guidance for the advancement of religion.
ACHIEVEMENT AND PERFORMANCE
The charity has achieved the following objectives this year:
Islamic Exhibition (help promote Islam to the larger community and organisations)
Open Day (Open the doors to the mosque and let people discover what happens in a mosque) Islamic education for children and adults
Enhance bereavement services
Purchase a new building to help increase and improve educational facilities
Provide more help and support for the local community through more community projects in the new building
Nikah Service (Islamic Marriage)
Youth social events now being held at the new centre
Complete funeral service now available at the new centre
Improvments made to the Islamic centre to create more space to be able to hold events. Provision of extra children's classes t accommodate the increase in numbers of children.
FINANCIAL REVIEW
The charity held £403,857 (2019 - £397,609) in bank accounts at the balance sheet date.
ON BEHALF OF THE BOARD:
..............................................
Trustee
Date: ...................................
1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JAMIA MASJID GULSHAN-E-BAGHDAD MOSQUE COMMITTEE
I report on the accounts for the year ended 31 December 2020 set out on pages 4 to 7.
Respective responsibilities of the 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 the 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 reoprt is limited to those matters set out in the statements 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 Section 130 of the 2011 Act; and
-
. to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
have not been met; or
- (2) t o which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
EXCEL ACCOUNTANTS (BEDS) LTD
Excel House 3 Duke Street Bedford Beds MK40 3HR
Date:………………………………………
2
JAMIA MASJID GULSHAN-E-BAGHDAD MOSQUE COMMITTEE
STATEMENT OF FINANCIAL ACTIVITIES
For the Year Ended 31 December 2020
| Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary Income Other incoming resources Total Incoming Resources RESOURCES EXPENDED Charitable activities Promotion of the Muslim Faith Governance costs Total Resources Expended NET INCOMING RESOURCES RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Fund 2020 129,662 - |
Unrestricted Fund 2020 129,662 - |
Total Funds 2019 352,680 - |
Total Funds 2019 352,680 - |
|---|---|---|---|---|
| 129,662 | 352,680 | |||
| 127,176 3,356 |
307,343 13,984 |
|||
| 130,532 | 321,327 | |||
| 870 - 1,750,378 |
31,353 - 1,719,025 |
|||
| 1,749,508 | 1,750,378 |
3
JAMIA MASJID GULSHAN-E-BAGHDAD MOSQUE COMMITTEE
BALANCE SHEET
At 31 December 2020
| FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank and in hand CREDITORS Amounts falling due within one year NET CURRENT ASSETS/(LIABILITIES) NET ASSETS FUNDS Unrestricted funds TOTAL FUNDS |
Notes 4 5 6 |
Unrestricted Fund 2020 1,352,211 600 406,960 407,560 (10,263) 397,297 1,749,508 1,749,508 1,749,508 - |
Total Funds 2019 1,355,448 600 401,169 |
Total Funds 2019 1,355,448 600 401,169 |
|
|---|---|---|---|---|---|
| 401,769 | |||||
| (6,839) 394,930 |
|||||
| 1,750,378 | |||||
| 1,750,378 | |||||
| 1,750,378 | |||||
The financial statements were approved by the Board of Trustees on ........................ and were signed on its behalf by:
..............................
Trustee
4
For the Year Ended 31 December 2020
JAMIA MASJID GULSHAN-E-BAGHDAD MOSQUE COMMITTEE NOTES TO THE FINANCIAL STATEMENTS
1 ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historic cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Fixtures and fittings | - 15% on reducing balance |
|---|---|
| Equipment | - 20% on reducing balance |
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2 TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
5
JAMIA MASJID GULSHAN-E-BAGHDAD MOSQUE COMMITTEE
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 December 2020
3 STAFF COSTS
| Wages and salaries The average monthly number of employees during the year was as follows : Administration No employees received emoluments in excess of £60,000. TANGIBLE FIXED ASSETS Freehold Fixtures and property fittings £ £ COST At 1 January 2020 1,336,172 62,503 Additions Disposals At 31 December 2020 1,336,172 62,503 DEPRECIATION At 1 January 2020 - 50,144 Charge for year 1,854 At 31 December 2020 - 51,998 NET BOOK VALUE At 31 December 2020 1,336,172 10,505 At 31 December 2019 1,336,172 12,359 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2020 £ Taxation and social security 3,758 Other creditors 6,505 10,263 |
Wages and salaries The average monthly number of employees during the year was as follows : Administration No employees received emoluments in excess of £60,000. TANGIBLE FIXED ASSETS Freehold Fixtures and property fittings £ £ COST At 1 January 2020 1,336,172 62,503 Additions Disposals At 31 December 2020 1,336,172 62,503 DEPRECIATION At 1 January 2020 - 50,144 Charge for year 1,854 At 31 December 2020 - 51,998 NET BOOK VALUE At 31 December 2020 1,336,172 10,505 At 31 December 2019 1,336,172 12,359 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2020 £ Taxation and social security 3,758 Other creditors 6,505 10,263 |
Wages and salaries The average monthly number of employees during the year was as follows : Administration No employees received emoluments in excess of £60,000. TANGIBLE FIXED ASSETS Freehold Fixtures and property fittings £ £ COST At 1 January 2020 1,336,172 62,503 Additions Disposals At 31 December 2020 1,336,172 62,503 DEPRECIATION At 1 January 2020 - 50,144 Charge for year 1,854 At 31 December 2020 - 51,998 NET BOOK VALUE At 31 December 2020 1,336,172 10,505 At 31 December 2019 1,336,172 12,359 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2020 £ Taxation and social security 3,758 Other creditors 6,505 10,263 |
2020 2019 £ £ 44,680 87,664 |
|---|---|---|---|
| 2020 2019 3 3 |
|||
| Equipment Totals £ £ 32,211 1,430,886 - - |
|||
| 1,336,172 | 62,503 | 32,211 1,430,886 |
|
| - | 50,144 1,854 |
25,294 75,438 1,383 3,237 |
|
| - | 51,998 | 26,677 78,675 |
|
| 1,336,172 | 10,505 | 5,534 1,352,211 |
|
| 1,336,172 | 12,359 | 6,917 1,355,448 |
|
| YEAR 2020 £ 3,758 6,505 |
2019 £ 1,170 5,669 6,839 |
||
| 10,263 |
4 TANGIBLE FIXED ASSETS
5 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
6
JAMIA MASJID GULSHAN-E-BAGHDAD MOSQUE COMMITTEE
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 December 2020
| 6 MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are a Unrestricted funds General fund TOTAL FUNDS |
Net movement At 1.1.20 in funds At 31.12.20 £ £ £ 1,750,378 870 - 1,749,508 |
|---|---|
| 1,750,378 870 - 1,749,508 |
|
| s follows: Incoming Resources Movement resources expended in funds £ £ £ 129,662 (130,532) 870 - |
|
| 129,662 (130,532) 870 - |
7