## **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
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
## **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**
Page 3
## **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**|
|---|---|
Page 4
## **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:-------------------------------
Page 5
## **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**|
|---|---|
Page 6