REGISTERED CHARITY NIJMBEEL. 1•70349 REPORT OF THE TRUSTEES AND UNAUDITED FThANCIAL STATEMENTS FOR THE YEAR EI¥DED 3J MARCH 2023 FOR SOUTH SOMERSET MUSLIM CULTURAL ASSOC. KimbeAeE & Co Hunt Hous¢ Farni Filth eomrnon TeThbLMyWells WR15 8JY
coprrEf4TS OF THE FINANCtAb STATEmE1s FOR THE YEAR ENDED 31 MARCH 2023 Report Trustees tndtpendEDt Examine¢s Rryort Statement of Flnan¢ial Artmdes Balance Sheet Notes tothe Finan¢ial Ststanthts 5t07 Detailed Statem¢nt ofFinancial Ac¢ivÉties
SOiITH SOMERSET MUSLIM CULTURAL ASSOC REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH IW13 IlJetrwste¢g1)re5¢nt1helr report withth¢ financlAI sim¢nts ofthechty Sjr theye8r ettded 31 Marth 2023. The truste25 have opted the prnyisionsofth¢StamentofRcllrtd Prn¢t1 (S0RP)'AcciAmng and Rqjortinsby Charktes, Issued Sn M8rch 200S. REFERENCE A14D ADMINISTRATIVE bETAILS REgter8d Charfty wimber 1070349 PYio¢ipal addre$8 Yeovil Somernet Trwtees A K8yum S Syed SAlomSTAIi K Mustafa A Hmustafa Mrs R TElbwnl Dr Y M Man50urTFaTOQq Drm A Kh*waJa Ch8im?an Ind¢pÈnd£&tezamiDer Klmberlee& Co Huttt HouseFarni Frith Common bury Wells WRIS 8JY STRiicfuR& GQVERNANCE AND MANAGEMEF GoverniAg dotwllent The Chty is e(ffiirolled by its 8ovemiD8 do¢umenL #deed oftrus¢ and constiiutes an uninrA)TPOtated th8rhy. Risk TheÉN5ts have a duryth identify review th¢ risks tywhich the tharity is ¢xpo5ed 8ndtoensuRappTqsriatecontroi$ are in pIM¢e topxovide 50£ble ASSUTan¢e againstfraud and error. ApprOd byLNderofth¢ bwd of1rttees on........ . .. atMI $Id on its bthalfby.. T Fgrcoq . Thst¢¢ Page I
INDEPENDENT. EXAMINERIS REPORT TO THB TRUSTEES OF sourH SOMERSETMUSLIM CULTURALASSOC. l Ycportonthe forth¢)rarend¢d31 MI2023. whirk 8s¢Sétouion p8esthÈeeto we Responslblli(iEs and bJl$of Yeport AsUk¢htlusteEsfflNsOdtsIet0reW¢krOttOn0t theaccounts iTr8LwrdanL% wAh th RwiMn#htsofth¢ Ch8ySdes 12011 Ilh¢A¢¢l Ihove exernkn¢dst7wthwJtyswuDts% 145 ofth¢CthaTtiiesAct201 I Iyt¢A¢LI Tn¢wknBo¥t InYll1Qn I hty¢ foedth¢DIethnsV bytheChariryCommissè)n Lmders¢dion 145(SXb)ofthe 2011 ACL MyroIe ist05tatew11etherwm&erfoJattershQveCorne ts) my&tterflorJ 8fvtThgme¢ause w bElieve'. thataccovniing]ets)Tdswer¢ rt(rtknpt•srniutr¢dby¥aton 130 or thotthe a¢nts do ]t ll¢rd wlth th(tt recor. or IhE aLvJulltsdo notnNY1th the OUn1reteDtsOtth?A¢fjr th01th¢ Is tbrther Info2> neetsJforatffop¢rwJdetstandingof thv acrJ)un Indopendtht¢xamlnérstAIoMOTht I have compktrdmy&wJinaMn Mdhavdno a1[cs TEFCtDfthc rnlkrs(11 to14) lis¢d abDVC in coDnediottwtih foifowiD8tkFthkin50f thc ChuityComtDiEXm Ihwe ftsuThdrto nxwttsthatwulledtawinsb)JwatteAtion. Kimberiee &Co HuFJtHou5e Farni Frth CotDmon Tcnburywels Worce5tcrshuE WR15 BJY D:..J.bl £.l&t¥Q._H
srATEMENT OFFINANCIAL ACTIVETIES FOR THE YEAR ENDED 31 MARCH 2023 31.03.23 UllY¢stricted 31.113.22 u$tricted IdI INCOMING RESOURCES Ineomillg resourees from #enerAt¢d tynds VoluntAryinwme Incom1 rÈ¥aurets frtmn atlivities Cbaritable athlvtsties 36J30 47332 Tots] lJtomluK resources 36530 47232 RESOURCES EXPENDED Ch8ritsbk aetivltle5 Chalitsble activities 31182 32.425 Nrr INCOMllYG RESOURCES 4J41 14.8Q7 RECONCILLIONOFFuNDs Totslhn& bKIrt tn¥rd $88242 573.435 TOTAL FUNDS CARRIED FORWARD 592.590 588.242 TheTLO$ forni partofthesefinanciai stam¢nts
SOUTH SOMBRSETMVSIthI CuLTUIL4LOe. BALANCESHEET AT3J MARCU2023 31.0323 3lJJ322 Uthye#rf¢ iJDr¢strltted furtds FIXED ASSETS tble9$S¢ 487,621 489.708 CURRENTKSSETS c¢shbaj1kand SD 135.869 130.334 CREDITORS (30,9QO} 131.800) NET CUIIRE]4T ASSETS 104.969 98,534 TOTALSETs LESS CURRENTLIABILfTIES 594590 588,242 r4ET ASSEIS 392.590 588.242 FUNDS UnrLstrt¢tsd funlts 591590 588242 TOTALFUNDS 5Y2.590 588,242 The fti)Èllci815thtenxrtswueapw0dbYthe Boudorrw5teeson..-....... WUE %Blled on its T Fo04-TniSt1 A HMu5thh.T
soirrHSOMERSET hfUSLIM CULTUIIAL ASSOC. NOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR Ef4DED 31 MARCH2023 ACfOtJNTINC POLICIES Ateothithi% Con0 The fiDaAcial £tatem¢rtts havebeen pY4MrEd underth¢historil o)5toJnventiixi. gnd in a¢Lvnlan¢¢ with the Vinon¢1 Repordng Stsodard for smallerEities (effectiveApril 2008>. tl&eCh8rities Ad 2011 and th¢ WUiTemertts ofthe StBtem¢DtofReC¥)rnertded Ptactic& AcwiDtin8 and Reporting byChariti¢s. lu¢omlDR resour¢e5 All incomiDB Tesoyrc£s e Ineludolon the StstementofFinancial AcLiviti¢s when th¢ tharity 15 leY entitl¢d toth¢ irto)m¢ andthe am¢xmt¢an be quantified with reasotthltmrdry. Resources e%p¢nded EXpd}fvre 15 a¢eOUOted fr on aD a¢oruls basls and has been classified underh¢8ding3 that aggrwteall cost relatedth the ¢¢g(ry. WheTe costs e4nnot be dirattributed to ptleIr headings thwhwe beal allwated tts aGtivittes on a bosls 151 withthE U5¢ofr¢sotS. TxDgible fixed 8wÉts DepreEi•tion 1$ providal.atthefo1lowi 81 rnits in order towrite offea¢h osset ovttlrs esdmaknl u5th1 Ilf¢. Fixwres and fittiTJgS - 15%on reducIngba TAzadoR The ¢h8rityis exP¢ )lom its dknrittble adivities. Fud a¢¢QUDtill2 Unrestricted Ibnds Can be used in accordancewlth the charitsbleobjecrives REthe discr¢tioD ofthe truittss. liestriettd thnds can ontybeused for parckuIarrtrithd pu05&1 withih theobJe¢ts ofihe charity. RestTi¢tsons 15¢ when spectfied bythe donwor when fiJnd$ 0rètaEsed forparti¢ui8r Tr$tricted purpL%es. Further ¢tyNtiDn ofihen8tsre And pur[¢ of each fjjnd Is knKluded io the rtot£5 tothe fillaneial sthtetiwits. TRUSTEES. REMUNERATION AND BEPIEFITS Th¢Te wereJoiwsltes' remunention or(#her b¢ttefity for the Iw ded 31 March 2011. Dor for the yeArended 31 Mar¢b 2022. Therewer¢Th) Ini$tees'txpenses paid fjjrtk ycar endtrj 31 ma 2023 ncf forthcyw¢nd 31 M8rdL 2022. 31.03.23 31.OU2 W4g¢s aDd s81Artes 4.800 4JOO Theavryemottthlynumb¢rof¢mployees dwlngthe swwa5 a5 follows: 3I.OU3 31m22 Averagenumbttofmaff iny No employtts rec¢ived emoluments In of£60.MO. se5
soirrH SOmERSET1l]SLlm CULTURAL ASSOC. NOTES TOTHE FINANCIAL STATEMENTS- cONTvED FOR YEAR ENDED 31 MARCH 2023 TANCIBLE FIXED ASSETS Freeknld Property Fixthres #ttd Flttings Trt415 At l April 2022 and 31 MaY¢h 2023 475.794 31178 50&972 DEPRECIATION At l Aptil 2022 Chuse l)ryt•r 19,264 1087 19264 1087 At31 2013 21.351 21351 NET BOOKVALVE At 31 Marth 2023 475.794 11.827 487.621 Ai 31 March 2022 475.794 13.914 489.708 CREDITORS: AMouf4T8 FALLING.DUE WITHIN ONE YEAR 31.0323 31m22 Othcrcreditcrs 30.900 31.800 MOVKMENf IN FUNDS Ntt movement iu htnd At 1.422 A¢ 31J23 iIBrw¢ri¢ted fwd5 <3¢nerat fimd 588,242 4,348 s,590 T(>TAL FUND S88.242 4,348 592,590 Netmownertt ill fiwdg. induded ID theabov¢8re as follows: IncorniD r¢sovrces Re50UTce$ expended oyement i Unre5tTitted funds GeTra1 fill 36.530 (32.182) 4348 36,530 132,182) 4,348
8oufH SOMERSfl MUSLIM CULTURAL AS50G NOTES TO TRE FINANCIAL STATEMENTS- COiYTINUKD FOR THE YEAR ENDED 31 MARCH 2023 MOVEME[ IN FUNDS- eon¢lnued CompArndv•b for movejllotyt In Plet rn4W8m£*t lu fvnd$ At 1.421 Ai 31122 Unre5tritted funds 573.435 14J07 588342 TOTAL FUND 573A35 14,807 588242 Comparatlven& nb)v¢mntln fid ittcluded in the8boveareas SJIlo. Regoiiree8 ezpellded Movemut I r¢50UrtÈ$ ilnrcstTtrt¢d fnMd$ General 47232 132.425) 14,807 TOTAL FUND 47232 (32,425) 14,807 A wrMly¢ar 12 mooths and priLY>w 12 months ¢x)mblned posilion Is as foll Netmovement ID fonds At IA.21 At 313.23 Unresttsd futtdg OEllEra] hnd 573.435 19,155 5915 TOTAL FUNDS 573.435 19.155 591590 A rAts>e&r 12 Months and kMiory¢ar 12 mthths combined Aet mov¢ment in funds. inthd¢d In the 8bov¢aT¢85 hllows: Resourte9 expended Mov¢meDt rollds UArestrl¢¢ed (knera] fvnd 83.762 (64,60T) 19.155 TOTAL FUI 83.762 (64.607) 19,155 P4e7
SOiITH SOMERSET MUSLIM CULTURAL ASSOC. DAlLED ATEmENT OF FINANCJAL A1v[E8 FOR TH& YEAR Ef4DED31 MARCH 2023 31A323 31.11322 INCQlbllNG RESOURCES VolllntAry DonAtlons 36.$30 47,232 IneoMID2 r•sourc•s frorn ¢hArftobl¢ a¢tlvMiel G]ts recelved T(Aal IncomiDE rea0vr 36530 47,232 RESOURCVS EXPENDED ChAriablEel1lL WaBes Rate5 andwater Li8ht and knt Te]ephone Advertising Sundries Propertyrtpftl Profe5Stonal servi% Fixtsns and fjttin&4 4.800 915 3931 372 3& 4.800 220 2.523 351 35 1536 486 18.840 1455 120 IU40 1087 31.102 31249 Support Ffinallte Ackncy8nd legal fe¢5 1.080 ,176 Totsl Mour¢es expelldtd 31182 31425 Netlacome 4j48 14,8 PAge 8