| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 7 | to | 8 |
| Notes to the Financial Statements | 9 to | 16 | |
| Detailed Statement ofFinancial Activities | 17 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | f, | ||||||
| INCOME AND ENDOWMENTS FROM | |||||||
| Donations and legacies |
2 | 31,301 | 31,301 | 32,122 | |||
| Charitable activities |
|||||||
| Grant income | 25,531 | 25,531 | |||||
| Other income | 20,792 | 20,792 | 19,240 | ||||
| Total | 77,624 | 77,624 | 51,362 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Staff and support costs | 26,837 | 26,837 | 22,021 | ||||
| Activities expenses and | equipment | 1,111 | 1,111 | ||||
| Premises and administration | costs | 9,569 | 9,569 | 63,173 | |||
| Total | 37,517 | 37,517 | 85,194 | ||||
| NET INCOME/(EXPENDITURE) | 40,107 | 40,107 | (33,832) | ||||
| RECONCILIATION | OF | FUNDS | |||||
| Total funds brought forward | 119,506 | 119,506 | 153,338 | ||||
| TOTAL FUNDS CARRIED FORWARD | 159,613 | 159,613 | 119,506 |
| BALANCESHEET 31MARCH 2021 |
|||
|---|---|---|---|
| 2021 | 2020 | ||
| Notes | |||
| FIXEDASSETS | |||
| Tangible assets | 266,271 | 266,271 | |
| CURRENT ASSETS | |||
| Debtors | 12 | 1,789 | 649 |
| Cash at bank | 43,413 | 5,586 | |
| 45,202 | 6,235 | ||
| CREDITORS | |||
| Amounts falling due within one year |
13 | (151,860) | (153,000) |
| NET CURRENT ASSETS | (106,658) | (146,765) | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 159,613 | 119,506 | |
| NET ASSETS | 159,613 | 119,506 | |
| FUNDS | 16 | ||
| Unrestricted funds |
159,613 | 119,506 | |
| TOTAL FUNDS | 159,613 | 119,506 |
| Improvements | to property | in accordance with the property |
|---|---|---|
| Fixtures and | fittings | 25%on cost |
| Computer equipment |
33%on cost |
| 2. | DONATIONS | DONATIONS | AND LEGACIES | AND LEGACIES | |||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Donations | 31,301 | 31,301 | 32,122 | ||||
| 3. | INCOME FROM CHARITABLE ACTIVITIES | ||||||
| 2021 | 2020 | ||||||
| Activity | |||||||
| North Tyneside | Council | Grant income | 25,531 | ||||
| 4. | CHARITABLE ACTIVITIES COSTS | ||||||
| Direct | Support | ||||||
| Costs (see | costs (see | ||||||
| note 5) | note 6) | Totals | |||||
| f. | |||||||
| Staff and | support costs | 26,837 | 26,837 | ||||
| Activities | expenses and equipment | 1,111 | 1,111 | ||||
| Premises | and administration | costs | 9,569 | 9,569 | |||
| 27,948 | 9,569 | 37,517 | |||||
| 5. | DIRECT | COSTSOF CHARITABLE ACTIVITIES | |||||
| 2021 | 2020 | ||||||
| f, | |||||||
| Staffcosts | 26,837 | 22,021 | |||||
| Activity expenses | 1,111 | ||||||
| 27,948 | 22,021 |
| Governance | ||||||
|---|---|---|---|---|---|---|
| Management | costs | Totals | ||||
| Premises | and | administration | costs | 8,525 | 1,044 | 9,569 |
| Support c | os | ts, included in the above, are as follows: |
||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Premises | ||||
| and | ||||
| administration | Total | |||
| costs | activities | |||
| Insurance | 1,300 | 1,600 | ||
| Light and | heat | 6,247 | 6,677 | |
| Telephone, | printing &postage | 667 | 537 | |
| Postage and | stationery | 389 | 119 | |
| Repairs and | maintenance | (1,211) | 52,962 | |
| Professional | fees | 1,074 | 240 | |
| Cleaning | and sundries | 59 | ||
| Accountancy | charges | 1,044 | 1,038 | |
| 9,569 | 63,173 |
| 2021 | 2020 | ||
|---|---|---|---|
| Accountancy | charges | 1,044 | 1,038 |
| STAFFCOSTS | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| Wages and salaries | 26,837 | 22,021 | ||||||
| 26,837 | 22,021 | |||||||
| The average monthly | number ofemployees | during the year | was as follows: | |||||
| 2021 | 2020 | |||||||
| Teaching work | 4 | 4 | ||||||
| No employees received emoluments |
in excess off60,000. | |||||||
| 10. | COMPARATIVES | FOR THE STATEMENT OFFINANCIAL ACTIVITIES | ||||||
| Unrestricted | Restricted | Total | ||||||
| fund | funds | funds | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
32,122 | 32,122 | ||||||
| Other income | 19,240 | 19,240 | ||||||
| Total | 51,362 | 51,362 | ||||||
| EXPENDITURE ON | ||||||||
| Charitable activities |
||||||||
| Staff and support costs | 22,021 | 22,021 | ||||||
| Premises and administration |
costs | 63,173 | 63,173 | |||||
| Total | 85,194 | 85,194 | ||||||
| NET INCOME/(EXPENDITURE) | (33,832) | (33,832) |
| FOR | THE YEAR ENDED 31MARCH 2021 | THE YEAR ENDED 31MARCH 2021 | THE YEAR ENDED 31MARCH 2021 | THE YEAR ENDED 31MARCH 2021 | THE YEAR ENDED 31MARCH 2021 | THE YEAR ENDED 31MARCH 2021 |
|---|---|---|---|---|---|---|
| 10. | COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES - continued | |||||
| Unrestricted | Restricted | Total | ||||
| fund | funds | funds | ||||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 153,338 | 153,338 | |||
| TOTAL FUNDS CARRIED | ||||||
| FORWARD | 119,506 | 119,506 | ||||
| 11. | TANGIBLE FIXED | ASSETS | ||||
| Improvements | Fixtures | |||||
| Freehold | to | and | Computer | |||
| property | property | fittings | equipment | Totals | ||
| g | ||||||
| COST | ||||||
| At 1 April 2020 and | ||||||
| 31March 2021 | 266,271 | 18,863 | 9,247 | 6,417 | 300,798 | |
| DEPRECIATION | ||||||
| At 1 April 2020 and | ||||||
| 31 March 2021 | 18,863 | 9,247 | 6,417 | 34,527 | ||
| NET BOOK VALUE | ||||||
| At 31 March 2021 | 266,271 | 266,271 | ||||
| At 31 March 2020 | 266,271 | 266,271 | ||||
| 12. | DEBTORS:AMOUNTS FALLING DUE | WITHIN ONE | YEAR | |||
| 2021 | 2020 | |||||
| Other debtors | 1,789 | 649 |
| WHITLEY BAYISLAMIC CULTURAL CENTRE | WHITLEY BAYISLAMIC CULTURAL CENTRE | WHITLEY BAYISLAMIC CULTURAL CENTRE | |||
|---|---|---|---|---|---|
| NOTES TO THE FINANCIAL STATEMENTS - continued | |||||
| FOR | THE YEAR ENDED 31MARCH 2021 | ||||
| 13. | CREDITORS: AMOUNTS FALLING DUE WITHIN | ONE YEAR | |||
| 2021 | 2020 | ||||
| Other loans (see note 14) | 147,437 | 138,717 | |||
| Other creditors | 9 | 11,784 | |||
| Accrued expenses | 4,414 | 2,499 | |||
| 151,860 | 153,000 | ||||
| 14. | LOANS | ||||
| An analysis ofthe maturity ofloans is given below: | |||||
| 2021 | 2020 | ||||
| Amounts falling due within one year on demand: |
|||||
| Other loans | 147,437 | 138,717 | |||
| 15. | ANALYSIS OFNET ASSETSBETWEEN FUNDS | ||||
| 2021 | 2020 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Fixed assets | 266,271 | 266,271 | 266,271 | ||
| Current assets | 45,202 | 45,202 | 6,235 | ||
| Current liabilities |
(151,860) | (151,860) | (153,000) | ||
| 159,613 | 159,613 | 119,506 | |||
| 16. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1/4/20 | in funds | 31/3/21 | |||
| E | |||||
| Unrestricted funds |
|||||
| General fund |
119,506 | 40,107 | 159,613 | ||
| TOTAL FUNDS | 119,506 | 40,107 | 159,613 |
| incoming | Resources | Movement | |||||
|---|---|---|---|---|---|---|---|
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General fund |
77,624 | (37,517) | 40,107 | ||||
| TOTAL FUNDS | 77,624 | (37,517) | 40,107 | ||||
| Comparatives | for movement | in funds | |||||
| Net | |||||||
| movement | At | ||||||
| At 1/4/19 | in funds | 31/3/20 | |||||
| Unrestricted | funds | ||||||
| General fund |
153,338 | (33,832) | 119,506 | ||||
| TOTAL FUNDS | 153,338 | (33,832) | 119,506 | ||||
| Comparative | net movement | in | funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General fund |
51,362 | (85,194) | (33,832) | ||||
| TOTAL FUNDS | 51,362 | (85,194) | (33,832) | ||||
| A current year 12months | and | prior year 12months combined position is as | follows: | ||||
| Net | |||||||
| movement | At | ||||||
| At 1/4/19 | in funds | 31/3/21 | |||||
| Unrestricted | funds | ||||||
| General fund | 153,338 | 6,275 | 159,613 | ||||
| TOTAL FUNDS | 153,338 | 6,275 | 159,613 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 128,986 | (122,711) | 6,275 | |
| TOTAL FUNDS | 128,986 | (122,711) | 6,275 |
| WHITLKY BAYISLAMIC CULTURAL CENTRE | ||
|---|---|---|
| DETAILED STATEMENT OFFINANCIAL ACTIVITIES | ||
| FOR THE YEAR ENDED 31MARCH 2021 | ||
| 2021 | 2020 | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| Donations | 31,301 | 32,122 |
| Charitable activities |
||
| North Tyneside Council | 25,531 | |
| Other income | ||
| Childrens fees |
18,491 | |
| Miscellaneous income |
20,792 | 749 |
| 20,792 | 19,240 | |
| Total incoming resources |
77,624 | 51,362 |
| EXPENDITURE | ||
| Charitable activities |
||
| Wages | 26,837 | 22,021 |
| Activity expenses | 1,111 | |
| 27,948 | 22,021 | |
| Support costs | ||
| Management | ||
| Insurance | 1,300 | 1,600 |
| Light and heat | 6,247 | 6,677 |
| Telephone, printing &postage |
667 | 537 |
| Postage and stationery | 389 | 119 |
| Repairs and maintenance | (1,211) | 52,962 |
| Professional fees |
1,074 | 240 |
| Cleaning and sundries |
59 | |
| 8,525 | 62,135 | |
| Governance costs |
||
| Accountancy charges |
1,044 | 1,038 |
| Total resources expended | 37,517 | 85,194 |
| Net income/(expenditure) | 40,107 | (33,832) |