| Page | ||
|---|---|---|
| Trustees' Annual Report |
3-4 | |
| Independent Examiner's |
Report | |
| Statement of Financial Activities | ||
| Balance Sheet | ||
| Notes to the Financial Statements | 8-12 |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Notes | Funds E |
Funds | 2023 | 2022f | |||
| Income and endowments | from: | ||||||
| Donations and legacies |
155,534 | 155,534 | 184,204 | ||||
| Investment income |
12,780 | 12700 | 6,300 | ||||
| Total Income | 168,314 | 168,314 | 190,504 | ||||
| Expenditure on: |
|||||||
| Charitable activities |
115,319 | 115,319 | 138,374 | ||||
| Other costs | 7,107 | 7,107 | 5,839 | ||||
| Total expenditure | 122,427 | 122,427 | 144,213 | ||||
| Net (deficit)/surplus | 45,887 | 45,887 | 46,291 | ||||
| Reconciliation offunds: |
|||||||
| Total funds brought | forward | 10 | 1,228,385 | 1,228,385 | 1,182,094 | ||
| Total funds carried | forward | 10 | 1,274,272 | 1,274,272 | 1,228,385 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Notes | F | |||||
| Fixed assets | ||||||
| Tangible assets | 781,885 | 784,953 | ||||
| Investment property |
118,000 | 118,000 | ||||
| 899,885 | 902,953 | |||||
| Current assets | ||||||
| Cash at bank | 375,637 | 325,631 | ||||
| Debtors | 1,652 | 2,467 | ||||
| 377,289 | 328,098 | |||||
| Creditors: amounts | failing | due within one year | ||||
| Net current assets | 374,387 | 325,432 | ||||
| Total assets | less current | liabilities | 1,274,272 | 1,228,385 | ||
| Net assets | 'I,274,272 | 1,228,385 | ||||
| Charity Funds | ||||||
| Unrestricted | funds | 10 | 1,274,272 | 1,228,385 | ||
| Total charity | funds | 10 | 1,274,272 | 'I,228,385 |
| Income from donations | and legacies | ||
|---|---|---|---|
| 2023 | 2022 | ||
| E | |||
| Donations from individuals |
and other charities | 155,534 | 184,204 |
| Income from investments | |||
| 2023 | 2022 | ||
| Rental Income | 12,780 | 6,300 |
| Tangible fixed assets | |||||
|---|---|---|---|---|---|
| Freehold | Improvements | Fixture & | Motor | ||
| Property | to Property | Fittings | Vehicles | Total | |
| F | F | F | F | ||
| Cost or Valuation: | |||||
| At 1 April 2022 | 158,526 | 599,558 | 27,981 | 16,800 | 802,865 |
| Additions | 1,780 | 1,780 | |||
| At 31 March 2023 | 158,526 | 599,558 | 29,761 | 16,800 | 804,645 |
| Deprecation; | |||||
| At 1 April 2022 | 11,192 | 6,720 | 17,912 | ||
| Charge for the year | 1,488 | 3,360 | 4,848 | ||
| At 31 March 2023 | 12,680 | 10,080 | 22,760 | ||
| Net Book Value: | |||||
| At 31 March 2023 | 158,526 | 599,558 | 17,081 | 6,720 | 781,885 |
| At 1 April 2022 | 158,526 | 599,558 | 16,789 | 10,080 | 784,953 |
| Investment property |
|||||
| Cost | E | ||||
| At 1 April 2022 and 31 | March 2023 | 118,000 | |||
| Net book value | |||||
| At 31 March 2023 | 118,000 | ||||
| At 31 March 2022 | 118,000 | ||||
| Debtors | |||||
| 2023 | 2022 | ||||
| F | |||||
| Other debtors | 1,652 | 2,467 |
| Creditors: amounts falling due within one year |
||
|---|---|---|
| 2023 | 2022 | |
| f | E | |
| Taxation and social security | 434 | 35 |
| Wages 8 Salaries | 1,250 | |
| Other Creditors | 1,218 | 2,630 |
| 2,902 | 2,665 |
| Balance at 1 April 2022 |
Income | Expenditure | Balance at 31 March 2023 |
|
|---|---|---|---|---|
| Unrestricted | ||||
| General funds | 1,228,385 | 168,314 | (122,427) | 1,274,272 |
| 2023f | 2022f | ||||
|---|---|---|---|---|---|
| INCOME AND ENDOWMENTS | |||||
| Donations and legacies |
|||||
| Donations from individuals |
and other charities | 155,534 | 184,204 | ||
| Investment income |
|||||
| Rents received | 12,780 | 6,300 | |||
| Total incoming resources |
168,314 | 190,504 | |||
| EXPENDITURE | |||||
| Charitable activities |
|||||
| Imam fees | 22,109 | 25,564 | |||
| Imam pension contributions |
289 | 399 | |||
| Rates and water | 908 | 1,730 | |||
| Insurance | 2,798 | 2,587 | |||
| Light and heat | 8,105 | 13,867 | |||
| Telephone | 609 | 649 | |||
| Repairs and renewals | 14,154 | 10,669 | |||
| Funeral costs | 64,197 | 90,364 | |||
| Government grants —Coronavirus |
Job Retention Scheme | 0 | (8,220) | ||
| Cleaning ofpremises | 1,252 | 495 | |||
| Fund raising | 185 | ||||
| Sundry | 714 | 270 | |||
| 115,319 | 138,374 | ||||
| OTHER COSTS | |||||
| Finance | |||||
| Depreciation oftangible |
fixed assets | 4,848 | 4,759 | ||
| 4,848 | 4,759 | ||||
| Governance costs | |||||
| Accountancy and legal |
fees | 2,259 | 1,080 | ||
| Total resources expended | 122,427 | 144,213 | |||
| NET (DEFICIT)/SURPLUS | 45,887 | 46,291 |