SHAHIALAL JAME MOSQUE TRUST LIMITED (A Company limited by guarantee) Report and Financial Statements Year Ended 30th lune 2021 CharityNo: 1076388 Company No: 3783456 •AB786EWI• 3010612022 COMPANIES HOUSE A14 4365 SHAHJALAL IAME MOSQUE TRUST LIMITED Contents Page Legal and Administrative Inforniation Report of the Trustees Statements of Financia] Activities Charity Balance Sheet Notes forming part of the financial statements AMEMOS UE TRUST LIMITED al and AdmiDiStrative Shahjalal Jame MosqueTrust Limited is a company limited by guarantee and a registered charity governed by its Enemorandum and articles of associatioEL Charity number 1076388. The Company number is 3783456. The company was incorporated on 7th June 1999. The directors of the charitable company ('the Charity) are its Trustees forthe purpose of charity law and throughout this report are collertively referred to as the Trustees. Trustees are appointed through a selection process carried out by the original nine subscribers. Trustees are appointed on a pernianent basis and are not required to retire by rotation annually. The trustees serving during the year and since the year end were as follows- A S Chowdhury A Wahab MBE N Islam S U Chowdhury Secreta A S Chowdhury tered Office 309 Ashley Down Road. Bristol. BS7 9BG Bankers Lloyds TSB, 124 High Street. Bristol. BS16 SHI Natwest Bank Plc, Fishpond Branch, Bristol Shahnaz and Partners Unit 8, Quebec Wharf. 14 Thomas Road London E14 7AF Accountant Ruhid Accountancy 18A Shaftesbury Centre Percy Street Swindon SN2 2AZ IIPage ETR T LIMITED orto the Yeor ded30th une 202 The trustees are pleased to present their report together with the financial statements of the charity of the year ended 30th lune 2021. Legal and administrative inforniation set out on page I fornia part of this reporL The financial statements comply with the current statutory requirements. the memorandum and articles of association and the Statement of Recommended Practice- Accounting and Reporting by Charities. The objects of the Charity are to- To provide a place for Muslims to perforni their regular prayers. To promote and enlist in co-operation in Islamic Education and Culture and to advance the knowledge and understanding of Islam. To organise Islamic conferences. religious meetings. functions. seminars, sessions for interpretation and translation of Quran and Islaniic festivals. To arrange Islamic Education classes for the children or alternatively to establish and maintain an Islamic religious school. udit The Company had taken advanfage ofthe exemption from the requirement to have its accounts audited. anisation A Board ofTrustees of up to three members. who meet monthly. administers the Charity. The day-to-day affafirs of the Charity are dealt wfith by the subscribers. Inve ent owers Under the Memorandum and Articles of Association. the Charity has the power to make any investment that the Trustees see fiL 21Pag: ETR T LIMITED orto continued For the YearEnded 30th une 2021 Related rties The bank ￿ndIng is secured by the persona] guarantee of the Trustees (in additional to the charge on the Charitys Freehold Property). Review o earti tes and future develo ment During the year the normal religious activities have continued. Future developments will cover the on-going work of maintaining the internal and exterior of the Mosque. eserve and risk mana ement The Charity has in place, specific commitments from its members to continue their financial support to enable the Charity to fund its monthly repayments Lo the BanL the Trustees are confident that the support of members will continue into the foreseeable future. In the event of winding up, the liability of the members is limited to £1 each. Mos ension- Khadi"a Centre Construction work of Khadija Centre is almost finished 95% of works has been completed which was started in March 2019. It was supposed to finish in April 2020 but due to the coronavirus pandemic the building work had been interrupted. The Charity already spent £93476 during this financial year and so far £378303 for this project: work in progress contRnued. 31Page SHAH AMEMO T LIMITED orto the Trustees continued For the YearEnded 30th une 2021 onsibilities in the relation to ancial statements Company Law requires the Trustees to prepare finanaal statements that give a true and fair view of the state of affairs of the Charity. at the end of the financial year and of its surplus or deficit for the financial year. In doing so the trustees are required to- Select suitable accounting policies and then apply them consistently", Make judgements and estimates that are reasonable and prudent: and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in busines& The Trustees are responsible for mainfaining proper accounting records, which disclose with reasonable accuracy at any time the financial position of the Charity and enables them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the Charity and hen￿ for taking reasonable steps for the prevention and detection of fraud and other irregularities. These accounts have been prepared in accordance with the special provisions relating to Small Companies within Part 15 ofthe Companies Act 2006 and with the FRnancial Reporting Standard to Smaller Entities and SORP 2015 By order ofthe Trus S. U. Chowdhury Trustee Dated - 27th lune 2022 41Pag: SHAH AMEMOS UE TRUST LIMITED STA TEMENT OF FINANCIAL ACTIVITIES For the Yeor une 2021 Unrestrirted Funds 2020 2021 INCOMING RESOURCES Contributions and Donations (including gift aid donation } received 200011 111445 TOTAL INCOMING RESOURCES AVAILABLE FOR CHARITABLE APPLICATIONS 200011 111445 Less Administrative Costs Salary and Wage5 Workplace Pension Printing and Stationary Insurances Accounting Fees Repairs and Maintenance Telephone Light, Heat and Water General Expenses Other Professional Fees 20425 1150 975 1897 14074 571 500 2087 330 434 8979 695 432 S88 611 5024 35317 23939 Flnance Costs Bank Charges -285 1193 De reciation: Freehold Property (Note I, Page 7) TOTAL RESOURCES EXPENDED NET INCOME For Year 14080 49112 150899 14080 39212 72233 eratin artivities Total Funds brou ht forward Total funds carries forward 722146 873045 873045 945278 The Statement of FinanciaI Activities includes all gains and losses recognised in the year All Èncoming resources and resources expended derive from continuing activities RECONCILIATION OF MOVEME￿ IN FUNDS 2020 2021 Unrestricted General Funds Opening Funds Ith July Surplus (Deficit) for Year Closing Funds at 30th June 722146 150899 873045 873045 72233 HAH UETR T LIMITED CHARITY BALANCE SHEET As at3(PFI une 2021 2020 2021 UNRESTRicfED GENERAL FUNDS Total Funds (Page Sl sfATEMENT OF ASSEfs & UABIUTIES Tan ible Fixed Assets Freehold Property- Costs Add: Buildin Khadi a Centre in Less - Accumulated Depreciation 873045 945278 703970 284827 229424 759373 19125 778498 703970 378303 243504 838769 19125 857894 ress Car Park CURRENT AS5Efs Cash in hand Cash at Bank 100765 100765 89281 89281 Less - CURREMf LIABILmES- amounts fallin Creditors due within 12 months 6218 1897 NET CURRENT ASs￿s UABIUTIES EXCESS OF ASs￿s OVER uABIL￿1Es 94547 873045 87384 945278 For the year ending 30th lune 2021 the Company was entitled to exemption from audit under Section 477 ofthe Companies Act 2006 relating to small companies. The members have not required the Company to obtain an audit in accordance with Section 476 of the Companies Act 2006. The Dirertors acknowledge their responsibility for complying with the requirements of the Act with respert to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to Companies subject to the small companies regim& Approved by the Board and Signed on its Bebalf S U Chowdhury - Dlrertor Dated - 27th June 2022 61Pa2e T LIMITED Notes Forniin Parto the Financial Statem or the YearEnded 30th une 2021 nts l. Accounting Policie5 The financial statements have been prepared under the historical cost convention and in accordance with the Statements of Recommended Practice. Accounting and Reporting by Charities (SORP 2015], applicable accounting standards FRS 102 and the Companies Act 2006. The principal accounting policies adopted in the preparation of the financial statements are as follows. Cash Flow The accounts do not include a cash flow statement for the Company, as a Small Reportlng Entity, is exempt from the requirement to do so. FRS 102 reciation: Freehold Pro In accordance with the Statements of Standard Accounting Practice 12 the Company has provided for depreciation on a straight-line basis at 2% on Buildings (freehold property). No Depreciation has been considered for car park (land). No Depreciation charged on Khadija Centre as the work is in progres& Donations and Grants Income from donations and grants. induding capital Erants, is induded in incoming resources when these are receivable, expect as follows: When donors specify that donations and grants given to the Charity must be used in future accounting periods, the income is deferred until those periods. When donors impose conditions which have to be fulfilled before the Charity becomes entitled to use such income. the income is deferred and not included in incoming resources until the pr￿ConditiOnS for use have been meL When donors specify that donations and grants including capital galns. are for particular restricted purposes which do not amount to pre-conditions regarding entidemenL this income is included in incoming resources of restricted funds when receivable. tan co Intangible income. which comprises donated services. is included in income at a valuation which is an estimate of the financial cost borne bythe donor where such a cost is quantifiable and measurable. No income is recognised when there is no financial cost borne by a third party. 71Page Interest is included when receivable by the Charity. Resources expended Recourses expended are included in the Statement of Financial Activities on an accruals basis. inclusive of any VAT, which cannot be recovered. Fund accounting Funds held by the Charity are either: Unrestricted general funds - these are funds. which can be used in accordance with the charitable objects at the discretion of the Trustees. Designated funds these are funds set aside by the Trustees out of unrestricted general funds for specific future purpose or projects. Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 2. Legal status of the Charity The Charity is a company limited by guarantee and had no share capital. The liability of each member in the event of winding-up is limited to £1. 2020 2021 Incomin Resources Contributions and Donations received 20CrfJII 111445 200011 111445 Tan ible Fixed Assets 2020 2021 Freehold Pro At Cost 1st July Additions duringthe year At cost 30th June 774231 988797 214566 93476 988797 1082273 reciation at 1st July Charge for Year De reciation at 30th June 215344 229424 14080 14080 229424 243504 Net Book Value at 30th June Car park Net Fixed Assets 759373 19125 78498 838769 19125 857894 TE ot Parto the Financialstatements For the Year Ended 30th une 20ZI continued Taxation The Company is a registered Charity and does not have a Corporation Tax liabilÈty. The Directorsrfrustees do not receive any emoluments. ital Commitments The Charity has no current Capital Commitments. Post Balance Sheet Events No events have occurred since the date of these accounts which would have a material bearing on them. ReseThes 2020 2021 Unrestricted General Funds 873(M5 945278 91Page CHARITY COMMISSION Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the SHAFLIALAL JAME MOSQUE TRUST LIMrrED On aC￿Unts for the year 30- JUNE 2021 1076388 (rf any) I reF￿ to the trust￿ on my examination of the acc4)unfs of the aiY)vg chartiy (￿e Trusf) for the year ended 30106r2021. Responsibilities and basis of report s the tharitys trust￿. y¢￿ are respo￿lb￿ for Ihe preparatson of the alxounts aQxthan￿ wih the requirements of the Charities Act 2011 under sedicxj 145 of the 2011 Ad and in carying otrt my examination. I have followed att the appliczble DiredbJ]s given by the Charity Commisslon under se(*on 14515Kb} of the Independent examinerfs ststement I have completed my examination. l o)nfirm that no material n￿tterS have to my attenlion in (x)nnection with the examtnation vthich gives me cause to believe that in. any material rwe(t of the Chartbes A< or the accounts did FM)t accord with the accounling records" or the acox)unts did not cc¥nply with the appI}￿ble requirements con￿ning the fomi and content of accounts set out in the Chartties (Acc(yJnts and R4xirts) Regulatiorts 2008 other than any requirement that the accounts gÈve a Yrue and farf viay which Ès not a matter (J)nsidered as F￿rt of an iTKlependent examinatM)n. Y￿th the ex2minalion to vthich attenthjn shoukl t￿ drdwn in thts rep)rt in order to ertab￿ a I￿oper Underst￿Ing of the aco)unts to be reached. . Please delete the words in the brackets rftheydo notappty. Stgned: 281tW2021 Name: MD NOMAN RUHID AFA Irtstitirte of Prnjuntants OFA) Membership no 273464 qualif￿atIOn(S) or body rff any): IER Oct 2018 Ruhid Ac£ount Section B Disclosure Onty ccKnplete rflhe examTner n￿ts to highlight material matters of concem guidan￿ for examiners}. Glve here brief detail$ of any iten7s that the examiner wishes to dlsclose. WA IER Oct 2018