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2021-04-05-accounts

ASHFORD MUSLIM ASSOCIATION Accounts 5 April 2021

ASHFORD MUSLIM ASSOCIATION

Contents

Page
Charity information 1
Approval statement 2
Accountants' report 3
Income over expenditure 4
Balance sheet 5
Notes to the accounts 6

ASHFORD MUSLIM ASSOCIATION Charity Information

Charity registration number

1071045

President

Mr Harunar RASHID

Sectertary

Mr Muhammed Shafi KHAN

Treasurer

Mr Mukthar ALI

Accountants

MAHI & CO 83-85 NELSON STREET

LONDON E1 2HN

Bankers

Lloyds TSB Ashford Sort code: 30-90-28 Account number: 02505631

Business address

79 Torrington Road Ashford Kent TN23 7TG

1

ASHFORD MUSLIM ASSOCIATION

Approval statement

I approve the accounts which comprise of the Income over Expenditure Account, the Balance Sheet and the related notes. I acknowledge my responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing MAHI & CO with all information and explanations necessary for their compilation.

Mr Harun Rashid & Mr Shafi Khan

21 January 2022

2

ASHFORD MUSLIM ASSOCIATION

Accountants' report on the unaudited accounts to ASHFORD MUSLIM ASSOCIATION

You have approved the accounts for the year ended 5 April 2021 which comprise the Income over Expenditure Account, the Balance Sheet and the related notes. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.

MAHI & CO CERTIFIED PRACTISING ACCOUNTANT

83-85 NELSON STREET LONDON E1 2HN

21 January 2022

3

ASHFORD MUSLIM ASSOCIATION Income over Expenditure Account for the year ended 5 April 2021

Donation received
Volunteer services
Gross income over expenditure
Other business income
Expenses
Wages, salaries and other staff costs
Car, van and travel expenses
Rent, rates, power and insurance costs
Repairs and renewals of property and equipment
Telephone, fax, stationery and other office costs
Bank, credit card and other finance charges
Accountancy, legal and other professional fees
Depreciation and loss/(profit) on sale
Other charity expenses
Net income over expenditure
2021
2020
£
£
46,064
60,906
900
-
45,164
60,906
1,601
-
10,116
33,932
520
-
10,237
14,153
7,952
406
1,100
110
180
243
200
475
2,019
751
-
2,223
32,324
52,293
14,441
8,613

4

ASHFORD MUSLIM ASSOCIATION Balance Sheet as at 5 April 2021

Notes
Fixed assets
Freehold property and Fixture & fittings
3
Current assets
Bank & cash in hand
Other current assets and prepayments
Current liabilities
Other liabilities and accruals
Net current assets
Net assets
General fund
Balance at start of period
Net income over expenditure
79,213
822
2021
2020
£
£
348,257
350,276
77,543
822
78,365
60,116
34,709
18,249
382,966
368,525
368,525
359,912
14,441
8,613
382,966
368,525
80,035
45,326

5

ASHFORD MUSLIM ASSOCIATION Notes to the Accounts for the year ended 5 April 2021

1 Accounting basis

The accounts have been compiled on a basis that enables profits to be calculated in accordance with UK Generally Accepted Accounting Practice and that provides sufficient and relevant information to enable the completion of a tax return.

2 Income over expenditure account analysis

Donation Received
Donation received
Volunteer services
Other direct costs
Other business income
Interest receivable
HMRC JRS
Wages, salaries and other staff costs
Wages and salaries
Pensions
Employer's NI
Car, van and travel expenses
Travel and subsistence
Rent, rates, power and insurance costs
Rates & water
Light and heat
Insurance
Cleaning
Repairs and renewals of property and equipment
Repairs and maintenance
Telephone, fax, stationery and other office costs
Telephone and fax
Stationery and printing
Travelling
Bank, credit card and other finance charges
Bank charges
Accountancy, legal and other professional fees
Accountants fees
Other legal and professional
2021
2020
£
£
46,064
60,906
900
-
17
-
1,584
-
1,601
-
9,620
33,823
197
109
299
-
10,116
33,932
520
-
2,323
2,027
5,784
8,409
1,344
1,523
786
2,194
10,237
14,153
7,952
406
-
20
1,100
20
-
70
1,100
110
180
243
200
200
-
275

6

ASHFORD MUSLIM ASSOCIATION

Notes to the Accounts for the year ended 5 April 2021

Depreciation and loss/(profit) on sale
Depreciation
Other charity expenses
Sundry expenses
200
475
2,019
751
-
2,223

7

ASHFORD MUSLIM ASSOCIATION Notes to the Accounts for the year ended 5 April 2021

3 Freehold property and Furniture & fixture

Cost
At 6 April 2020
At 5 April 2021
Depreciation
At 6 April 2020
Charge for the year
At 5 April 2021
Net book value
At 5 April 2021
At 5 April 2020
Land and
buildings
£
346,856
346,856
-
-
-
346,856
346,856
Fixtures
Total
and fittings
£
£
11,218
358,074
11,218
358,074
7,798
7,798
2,019
2,019
9,817
9,817
1,401
348,257
3,420
350,276

8