Registered Charity Number 1067963
Dar-Al-Arqam (Islamic Centre)
Report and Accounts
For The Year Ended 31 December 2020
## **Dar-Al-Arqam (Islamic Centre) Report and accounts Contents**
||**Page**|
|---|---|
|Trustees report|1|
|Accountants' report|3|
|Statement of Financial Activities|4|
|Balance sheet|5|
|Notes to the accounts|6|
**Dar-Al-Arqam (Islamic Centre) The report of the trustees**
The trustees present their annual report and accounts for the year ended 31st December 2020.
## **Name, registered office and constitution of the charity**
The full name of the charity is Dar Al Arqum.
The charity was formed as an unincorporated charity on 05 February 1998
Its registered charity number is 1067963
The registered office is 13-15 Claremont Bradford BD7 1BG
The telephone number is 01274 746666
## **The Objects of the Charity and how it is attempting to achieve the objectives**
The charity is governed by a trust deed, a written constitution in which its objects are set out are to provide education to the community and to provide social activities such as festivals,celebrations,trips and religious services.
## **Objectives achieved in the year, a review of activities and significant changes**
## **and developments and plans for the future**
## **Introduction**
The board of trustees are satisfied with the performance of the charity during the year and the position at 31st December 2020 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.
## **The organisational Structure and how decisions are made**
Chairman(Unpaid) Dr Nabeel Al Ramadhani Trustee( Unpaid) Dr Nabeel Al Ramadhani Trustee( Unpaid) Dr Ashraf Fawzy Ashour Trustee( Unpaid) Mr Hashim Mohammed Mirza
Volunteers: Volunteers help out as and when required.
## **Legal Status**
The Charity is an unincorporated charity governed by a written constitution adopted by its members . There are no restrictions in the governing document on the operation of the charity or on its investment powers , other than those imposed by general charity law.
## **Bankers**
Lloyde TSB Bank Highgate Bradford
1
**Dar-Al-Arqam (Islamic Centre) The report of the trustees**
## **Independent Examiners under the charities Act and details of their Qualifications**
K & HM Ltd Chartered Certified Accountants 9 Norville Terrace Headingley Lane Leeds LS6 1BS
## **Statement of Directors' and Trustees' Responsibilities**
Charity Law require the Board to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
- state whether applicable accounting standards and statements of recommended practice have been followed , subject to any material
- departures disclosed and explained in the financial statements;
The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board of trustees on 16 September 2021.
Dr Ashraf Fawzy Ashour Director and Trustee
2
**Dar-Al-Arqam (Islamic Centre) Independent Examiner's Report**
## **Report of the Independent Examiner to the trustees on the accounts of the Charity for the year ended 31 December 2020**
We report on the accounts of the Company on pages 3 to 7 which have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (the FRSSE) , effective June 2002, as modified by the Statement of Recommended Practice issued by the Charity Commissioners for England & Wales (effective October 2000), adapted to meet the needs of unincorporated organisations , under the historical convention and the eaccounting policies set out on page 6.
## **Respective responsibilities of trustees and examiner**
As described on page 1, the charity's trustees are responsible for the preparation of the accounts. The trustees consider that the audit requirement of Section 43(2) of the charities Act 1993 ( the Act ) does not apply, and that there is no requirement in the governing document or Constitution of the charity for the conduct of an audit. It is our responsibility to state , on the basis of the procedures specified in the General Directions given by the Charity Commissioners for England & Wales under Section 43(7)(b) of the Act, whether particular matters have come to our attention.
## **Basis of Opinion**
We conducted our examination in accordance with the general directions given by the charity Commissioners for England & Wales. An examination includes a detailed review of the accounting records kept by the Charity and of the accounting systems employed by the charity and a comparison of the accounts with those records .It also includes a consideration of any unusual items or dislcosures in the accounts,and seeking explanations from you as trustees concerning such matters.The purpose of the examination is to establish as far as possible that there have been no breaches of the charities legislation and that the accounts comply with the Statement of Reccommended Practice issued by the Charity Commissioners for England & Wales (effective October 2000), on a test basis, of evidence relevant to the amounts and disclosures in the accounts.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees is nort subjet to audit tests or enquries , and consequently we do not express an audit opinion on the view given by the accounts.
We planned and perfomed our examination so as to satisfy ourselves that the objectives of the independent examination are achieved and before finalising the report we obtain assuarances from the trstees of all material matters
## **Independent Examiner's Statement , report and opinion**
Subject to the limitations upon the scope of our work as detailed above , in connection with our examination , no matter has come to our attention:
1) Which gives us reasonable cause to believe that in any material respect the requiremnents to keep accounting records inaccordance with section 41 of the Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requiremets of the Act have not been met or
2) to which, in our opinion , attention shoud be drawn to enable a proper understanding of the accounts to be reached.
K & HM Ltd Chartered Certified Accountants 9 Norville Terrace Headingley Lane Leeds LS6 1BS
16 September 2021
3
## **Dar-Al-Arqam (Islamic Centre) Statement of Financial Activities for the year ended 31 December 2020**
|||**Unrestricted **|**Restricted**|**Total**|**Last Year**|
|---|---|---|---|---|---|
|||**Funds**|**Funds**|**Funds**|**Total Funds**|
|**Incoming Resources**||||||
|**Notes**||**2020**|**2020**|**2020**|**2019**|
|||**£**|**£**|**£**|**£**|
|**Incoming Resources**||||||
|Incoming resources for acquisition of fixed assets||-|-|-|-|
|Revenue grants,legacies & donations||50,094|34,284|84,378|92,061|
|Activities for generating funds||-|-|-|-|
|Investment income||4,760|-|4,760|8,386|
|**Total Incoming Resources**||54,854|34,284|89,138|100,447|
|**charitable applications**|**A**|54,854|34,284|89,138|100,447|
|**_Charitable Expenditure_**||||||
|Grants payable in furtherance of the charity's objects||-|-|-|-|
|Support costs of grants payable||900|-|900|33,600|
|Activities in furtherance of charity's objectives||-|-|-|-|
|Support costs of activities||-|-|-|-|
|Management and Administration of the Charity||22,676|34,284|56,960|14,919|
|**Total Resources expended**|**B**|23,576|34,284|57,860|48,519|
|**Net Incoming Resources before Transfers**|**2**|31,278|-|31,278|51,928|
|**Total Revenue funds brought forward**||154,552|-|154,552|102,624|
|**Total Funds carried forward**||**185,830**|**-**|**185,830**|**154,552**|
The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commission for England & Wales and is reconciled to the total funds as shown in the Balance Sheet on page 9 as required by the said statement.
**All activities derive from continuing operations**
**The notes on pages 5 to 6 form a part of these accounts**
4
**Dar-Al-Arqam (Islamic Centre) Balance Sheet as at 31 December 2020**
|**Notes**
**Current assets**
Cash at bank and in hand
**Creditors:-**
**amounts due within one year**
8
**Net current assets**
**Net assets**
**Capital and reserves**
Designated funds
Unrestricted revenue reserves
Unrestricted fixed asset funds
Unrestricted revaluation reserve
**Resources freely available**
Restricted revenue reserves
Restricted fixed asset funds
Restricted revaluation reserve
**Accumulated Funds**|**2020**
**£**
186,250
186,250
(420)
185,830
185,830
-
185,830
-
-
185,830
-
-
-
185,830|**2019**
**£**
154,972
154,972
(420)
154,552
154,552
-
154,552
-
-
154,552
-
-
-
154,552|
|---|---|---|
The Board of Trustees are satisfied that the organisation is not required to have an audit of the organisation by virtue of its level of turnover or by virtue of any requirement under its constitution or otherwise.
Dr Ashraf Fawzy Ashour
Approved by the trustees on 16 September 2021
**The notes on pages 5 to 6 form a part of these accounts**
5
**Dar-Al-Arqam (Islamic Centre) Notes to the Accounts for the year ended 31 December 2020**
## **1 Accounting policies**
## _**Basis of preparation of the accounts**_
The financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE), effective June 2002, and all other applicable accounting standards, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales ,effective October 2000. The accounts have been drawn up in accordance with the provisions of the Charities Act and the Companies Act.
## _**Accounting convention**_
The financial statements are prepared,on a going concern basis, under the historical cost convention as modified by the revaluation of freehold land and buildings and fixed asset
## _**Incoming Resources**_
Incoming resources are accounted for on a receivable basis deferred as described below where appropriate.
## _**Charitable expenditure**_
Charitable expenditure includes all expenditure directly related to the objects of the charity.
## **MANDATORY if SSAP4 is not complied with and SORP is complied with. Alternatively an**
## _**Taxation**_
As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only.
## _**Funds structure policy**_
The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.
|**2**
**Net Incoming Resources before Transfers**
**This is stated after crediting :-**
**Revenue Turnover from ordinary activities**
**3**
**Investment Income**
Rent Received from investment properties
Other investment income|**2020**
**2019**
**£**
**£**
84,378
92,061
**2020**
**2019**
4,760
8,386
-
-
4,760
8,386|
|---|---|
6
**Dar-Al-Arqam (Islamic Centre) Notes to the Accounts for the year ended 31 December 2020**
## **0 Deferred Incoming Resources and Reserves - Unrestricted funds**
|**These funds are classified as follows :-**
Included in creditors
Included in capital and reserves
**Total as above**
**4**
**Auditor's Remuneration and other accounting services**
Auditors' Remuneration
Other accountancy fees
**5**
**Changes in resources applied for Fixed Assets**
Net movement in funds from Statement of Financial Activities
Resources applied on Fixed Assets for charitable use
Add Grants Received to fund fixed assets
Net movement in funds available for future activities
**8**
**Creditors: amounts falling due within one year**
Accrued expenses|**2020**
**£**
-
185,830
**185,830**
**2020**
**£**
-
420
420
**2020**
**£**
31,278
-
-
31,278
**2020**
**£**
420
420|**2019**
**£**
-
154,552
**154,552**
**2019**
**£**
-
420
420
**2019**
**£**
51,928
-
-
51,928
**2019**
**£**
420
420|
|---|---|---|
## **9 Endowment funds**
The charity had no endowment funds in the year ended 31 December 2019 or in the year ended 31 December 2020.
7
## **Dar-Al-Arqam (Islamic Centre) Schedule to the Statement of Financial Activities for the year ended 31 December 2020**
|**Incoming Resources**
**Grants, legacies and donations**
Donations
**Total**
**Total Grants,Legacies & Donations Received**
**Investment income**
Rent Received from investment properties
Other investment income
**Total Incoming Resources**
**Charitable expenditure**
**_Grants per detailed schedule_**
Grants payable in furtherance of the charity's objectives
**_Support costs for grants_**
Cources and Education
**Premises Costs**
Rent
Rates & water & Service charge
Room hire
Light and heat
Cleaning
Repairs and maintenance
**General administrative expenses:**
Depreciation of fixed assets
Bank Charges
Sundry expenses
**Legal and professional costs:**
Other accountancy fees
Solicitors fees
Insurance
**Total spent on administration**|**2020**
**2019**
**£**
**£**
**Unrestricted**
**Restricted**
**Total**
**Prior Period**
**Funds**
**Funds**
**Funds**
**Total Funds**
**2020**
**2020**
**2020**
**2019**
50,094
34,284
**84,378**
92,061
**50,094**
**34,284**
**84,378**
**92,061**
**50,094**
**34,284**
**84,378**
**92,061**
4,760
-
**4,760**
8,386
-
-
**-**
-
**4,760**
**-**
**4,760**
**8,386**
**54,854**
**34,284**
**89,138**
**100,447**
-
-
-
-
900
-
**900**
33,600
**900**
**-**
**900**
**33,600**
-
-
-
3,600
-
-
-
-
-
-
-
-
1,676
-
1,676
3,059
1,786
-
1,786
-
17,092
34,284
51,376
1,771
**20,554**
**34,284**
**54,838**
**8,430**
-
-
-
-
1,702
-
1,702
1,729
-
-
-
3,976
**1,702**
**-**
**1,702**
**5,705**
420
-
420
420
-
-
-
-
-
-
-
364
**420**
**-**
**420**
**784**
**22,676**
**34,284**
**56,960**
**14,919**|
|---|---|
8