Oxford Islamic Society
Trustee Report & Financial Statement
For The Year Ended 31st December 2022
Charity Registration number:1068787
Oxford Islamic Society
CONTENTS
| Page | |
|---|---|
| Trustees and Professional Advisors | 1 |
| Trustees Report | 2 |
| Accountants Report | 3 |
| Receipts and expenditure account | 4 |
| Balance Sheet | 5 |
| Notes to the accounts | 6 |
Oxford Islamic Society
TRUSTEES AND PROFESSIONAL ADVISORS
| TRUSTEES: | Dr UmarKhan Cheema |
|---|---|
| Dr Imran Uddin Alvi | |
| Dr Shariq Jamal Lodhi | |
| Mr Wasim Choudhury | |
| Dr Rizwan Chughtai | |
| BUSINESS ADDRESS: | 18 Little Dunmow Road |
| Leicester | |
| LE5 0AG | |
| BANKERS: | NatWest |
| 33 High street | |
| High Wycombe | |
| HP11 2AG | |
| ACCOUNTANTS: | Zaheer and Company |
| 63 Kingsway | |
| Burnage | |
| Manchester | |
| M19 2LL |
Page 1
Oxford Islamic Society
Trustees Report
Work of the charity continued though the year And charitable activity has increased since removal of post pandemic removal of the lockdown.
Treasurers Responsibilities
Charity law requires the trustees to prepare statements of accounts for each financial year. In preparing those financial statements, the trustees are required to:-
select suitable accounting policies and apply them consistently
-
make judgements and estimates that are reasonable and prudent
-
prepare the financial statements on the going concern basis unless it is in appropriate to presume that the trust will continue to operate.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with ' The Charity (Accounts and Audit) Regulations 1995.
Signed on Behalf of the Trustees:
Mr Wasim Choudhury
Date:
Page 2
Accountants Report
To The Trustees of Oxford Islamic Society
As described on page 2 you have approved the accounts for the period ended 31st December 2022 set out
on pages 4 to 6. In accordance with your instructions we have compiled these unaudited accounts
from the accounting records and information supplied to us.
Mr. Farroukh Zaheer (FCCA) Zaheer and Company Chartered Certified Accountants and Registered Auditors 63 Kingsway Burnage Manchester M19 2LL Date:
Page 3
Oxford Islamic Society
Receipt & Expenditure Accounts
For The Year Ended 31st December 2022
| Notes Receipts 1 Expenditure 2 Net surplus Balance brought forward Balance carried forward |
2022 | 2022 |
|---|---|---|
| £ | £ | |
| Restricted - |
Un-restricted 33,260 |
|
| - | 33,260 | |
| (22,910) | ||
| - | (22,910) | |
| - | 10,350 28,597 |
|
| - | 38,947 |
4
Page
Oxford Islamic Society
Balance sheet
For The Year Ended 31st December 2022
| Notes Fixed Assets Tangible Assets Current Assets Cash at bank and in hand 3 Current Liabilities Creditors & accruals 4 Net current assets Net Assets Capital £ reserves Reserves b/f Income of receipts over expenditure for the year |
2022 | 2022 | |
|---|---|---|---|
| £ | £ £ |
||
| Restricted - - - - - - - - - - |
- 39,307 39,307 360 360 38,947 38,947 28,597 10,350 38,947 Un-restricted |
||
| 39,307 360 |
|||
| 360 | |||
| 38,947 | |||
| 28,597 10,350 |
|||
| 38,947 | |||
I Approve these Accounts and confirm that I have made available all the information and explanation for their preparation.
Mr Wasim Choudhury
Date:-------------------------------
Page
5
Oxford Islamic Society
Notes to the Accounts
For The Year Ended 31st December 2022
| Note: 1 Restricted Un-restricted Donations - 33,260 - 33,260 Income from donations were accounted for on a receipt basis. Note: 2 Restricted Un-restricted - Charitable expenditure - 19,550 Accountancy 360 - Ramadan expenditure - 3,000 - - - 22,910 Note: 3 Bank 38,947 38,947 Note: 4 Creditors & accruals: 360 360 2022 |
Restricted Un-restricted - 33,260 2022 |
Restricted Un-restricted - 33,260 2022 |
|
|---|---|---|---|
| - | 33,260 | ||
| Un-restricted 19,550 360 - 3,000 - - |
|||
| - | 22,910 | ||
| 38,947 | |||
| 38,947 | |||
| 360 | |||
| 360 |
Page 6