Oxford Islamic Society
Trustee Report & Financial Statement
For The Year Ended 31st December 2024
Charity Registration number:1068787
Oxford Islamic Society
CONTENTS
| Page | |
|---|---|
| Trustees and Professional Advisors | 1 |
| Trustees Report | 2 |
| Independent Examiner's report | 3 |
| Receipts and expenditure account | 4 |
| Balance Sheet | 5 |
| Notes to the accounts | 6 |
Oxford Islamic Society
TRUSTEES AND PROFESSIONAL ADVISORS
TRUSTEES:
BUSINESS ADDRESS:
Dr UmarKhan Cheema Dr Imran Uddin Alvi Dr Shariq Jamal Lodhi Mr Wasim Choudhury Dr Rizwan Chughtai 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
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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:
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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 2024 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 Charity 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
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Oxford Islamic Society
Receipt & Expenditure Accounts
For The Year Ended 31st December 2024
| Notes Receipts 1 Expenditure 2 Net surplus Balance brought forward Balance carried forward |
£ £ £ £ Restricted Un-restricted Restricted Un-restricted - 60,552 - 41,122 - 60,552 - 41,122 (41,386) (27,200) - (41,386) - (27,200) - 19,166 - 13,922 52,869 38,947 - 72,035 - 52,869 2024 2023 |
|---|---|
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Oxford Islamic Society
Balance sheet
For The Year Ended 31st December 2024
| 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 |
£ Restricted - - - - - - - - - - |
£ £ £ Restricted - - 72,815 - 72,815 - 780 - 780 - 72,035 - 72,035 - 52,869 - 19,166 - 72,035 - 2024 Un-restricted |
£ £ - 53,259 53,259 390 390 52,869 52,869 38,947 13,922 52,869 2023 Un-restricted |
|---|---|---|---|
We Approve these Accounts and confirm that I have made available all the information and explanation for their preparation.
Mr Wasim Choudhury
Date:-------------------------------
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Oxford Islamic Society
Notes to the Accounts
For The Year Ended 31st December 2024
| Note: 1 Restricted Un-restricted Donations - 60,552 - 60,552 Income from donations were accounted for on a receipt basis. Note: 2 Restricted Un-restricted Charitable expenditure - 33,697 Accountancy - 390 Ramadan expenditure - 3,500 Charitable donation - 3,524 Other operational cost - 275.00 - - 41,386 Note: 3 Bank 72,815 72,815 Note: 4 Creditors & accruals: 780 780 2024 |
Restricted Un-restricted - 41,122 - 41,122 Restricted Un-restricted - 23,425 - 420 - 2,797 - - 390.00 - 168.00 - - 27,200 53,259 53,259 390 390 2023 |
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