Oxford Islamic Society Trustee Report & Financial Statement For The Year Fnded 31st December 2023 Charity Registration number:1068787 Oxford Islamic Society CONTENTS Page Trustees and Professional Advisors Trustees Report Independent Examiner's report Receipts and expenditure account Balance Sheet Notes to the accounts 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 l.ittle Dunmow Road Leicester LE5 OAG BANKERS: Natwest 33 14i&yh street Fligh Wycombe HPI12Ati ACCOUNTANTS: Zaheer and Company 63 King7sway Burnagye ManLhe5ter M19 2LL Page I 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 g70ing 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 INDEPENDENT EXAMINERS REPORT ON THE ACCOUNTS Report to the Trustees of Oxford Islamic Society registered charity number 1068787 for the accounts per year ended 31 December 2023 set out on pages 4 to 6. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER As the charity,'s trustees you are responsible for the preperation of the accounts., you consider that the Audit requirement of section 43 (a) of the Charities Act 1993 (the act) does not apply. It is our responsibility to state, on the basis of procedures specified in the general directions given by the Chaflty Commissioners under section 43 (7){b} of the Act, whether particular matters have come to our attention. BASIS OF INDEPENDENT EXAMINERS REPORT Our examination was carried out in accordance with the General Directions given by the Charity Commisioners. An examination includes 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 we do not express an audit opinion on the view given by the accounts. INDEPENDEDNT EXAMINERS STATEMENT 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 requirements .to keep accounting records in accordance with section 41 of the Act,. and .to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met., or (1) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed.. Date.. Mr F Zaheer Zaheer & Company Chartered Certified Accountants 63 Kingsway Burnage Manchester M19 2LL Page 3 Oxford Islamic Soeiety Receipt & Expenditure Accounts For The Year Ended 31st December 2023 Notes 2022 2023 Restricted Un-restricted Restricted Un-restricted Receipts 41,122 33,260 41,122 33,260 Expenditure (27,200) (22,910) 27,200) 22,910 Net surplus 13,922 10,350 Balance brought fonvard 38.947 28,597 Balance carried forward 52,869 38,947 Page 4 Oxford Islamie Society Balance Sheet For The Year Ended 315¢ Deeember 2023 Noles 2022 2023 Restricted Un-restricted Restricted Un-restricted Fixed A Tangible Assets Cu￿ent Assets Cash at bank and in hand 53,259 39.307 53,259 39,307 Curr nt Liabilitie Creditors & accruals 390 390 360 360 Net current assets 52,869 38,947 Net Assets 52,869 38,947 rv Reserves b/f 38,947 28,597 Income of receipts over expenditure for the year 13,922 10,350 52,869 38,947 We Approve these Accounts and confim that I have made available all ihe inforniation and explanation for Iheir preparation. Mr Wasim Choudhury Date;__ Page 5 Oxford Islamic Society Note5 to the Accounts For The Year Ended 31st December 2023 2022 2023 Note: I Restricted Un-restricted Restricted Un-restricted Donations 41,122 33.260 41.122 Incom¢ from donations were accounted for on a receipi basis, Note: 2 Restricled Un-restricted Restricted Un-restricted Charitable expenditure 23,425 19,550 Accountancy 420 360 Ramadan expendilure 2,797 3,000 Charitable donation 390.00 Other operational cost 168.00 27,200 22,910 Nole: Bank 53.259 39,307 53.259 39,307 Note: 4 Creditors & accruals.. 390 360 390 360 Page 6