| Page | ||
|---|---|---|
| Trustees' | Annual Report | |
| Independent Auditor's Report to the Members |
||
| Statement | ofFinancial Activities | 12 |
| Statement | ofFinancial Position | 13 |
| Statement | ofCash Flows | 14 |
| Notes to | the Financial Statements | 15 |
| The Following Pages Do Not Form Part ofthe Financial Statements | ||
| Detailed | Statement ofFinancial Aotivities | 23 |
| Notes to | the Detailed Statement ofFinancial Activities | 25 |
| The trustees present | their report | and the financial statements ofthe charity |
and the financial statements ofthe charity |
for | the year ended 31December 2022. | the year ended 31December 2022. |
|---|---|---|---|---|---|---|
| Reference and Administrative | Details | |||||
| Registered charity | name | Anjuman-E-Saifee (Leicester) |
||||
| Charity registration | number | 1080082 | ||||
| Principal onice | 125Loughborough Road |
|||||
| Leicester | ||||||
| LE4 SLQ | ||||||
| The Trustees | ||||||
| Janab Amilsaheb Ibrahim |
Bhaisaheb | (Resigned | 28 February 2022) | |||
| Zaini (Ibrahim Jaffer Zaini) | ||||||
| (President) | ||||||
| Shk Ibrahim Bhai Sheikh | Ismail | |||||
| (ibrahim Esmail Mohammedali | ||||||
| Sheikh) (Vice President) | ||||||
| Sheikh Aziz Bhai Sulemanji (Aziz |
||||||
| Mohamedali Sulernanji) |
(Treasurer) | |||||
| Shk Mustafa Bhai Nabee | (Mustafa | |||||
| Hasson Nabee) (Trustee) | ||||||
| Janab Amilsaheb Mustali |
Mansoorali | (Appointed | I Vlarch 2022) | |||
| Hashmi (Mustali Mansoorali Hashmi) |
||||||
| (President) | ||||||
| Shk Mohammed Bhai Essajee |
(Resigned | 31 January 2023) | ||||
| (Mohammed Essajee) (Secretary) |
||||||
| Shk Shabbir Bhai Sheikh | (Shabbir | |||||
| Ibrahim Sheikh) (Trustee) |
||||||
| Shk Husein Bhai Adamali | (Husein | (Resigned | 31January 2023) | |||
| Asgharali Adamali) (Joint Secretary) |
||||||
| Mulla Dr Husain Bhai Shakir (Husain | (Appointed | I February 2023) | ||||
| Mukarram Asgerally) (Trustee) |
||||||
| Mulla Husein Bhai Esmail (Husein | (Appointed | I February 2023) | ||||
| Esmail) (Trustee) | ||||||
| Sheikh Kezar Bhai Jivanji (Kezar | (Appointed | I February 2023) | ||||
| Jivanji) (Secretary) | ||||||
| Auditor | Versant Associates LLP | |||||
| Chartered accountants &, |
statutory | auditor | ||||
| The Old Mill, | ||||||
| 9Soar Lane | ||||||
| Leicester | ||||||
| LE3SDE | ||||||
| Bankers | Lloyds TSB | |||||
| 7High Street | ||||||
| Leicester | ||||||
| Leicestershire | ||||||
| LEI 4FP |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| funds | Total funds | Total funds | |||||
| Note | 6 | ||||||
| Income and endo»tnents | |||||||
| Donations and legacies |
4 | 479,711 | 479,711 | 1,290,844 | |||
| Charitable activities |
5 | 30,790 | 30,790 | 24,435 | |||
| Investment income |
6 | 17,189 | 17,189 | 16,347 | |||
| Total income | 527,690 | 527,690 | 1,331,626 | ||||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 7,8 | 679,685 | 679,685 | 4,386,609 | ||
| Totalexpenditure | 679,685 | 679i685 | 4386,609 | ||||
| Net expenditure aad aet |
movement | ia funds | (151,995) | (151,995) | (3,054,983) | ||
| Reconciliation offunds | |||||||
| Total funds brought | forward | 539,194 | 539,194 | 3,594,177 | |||
| Total funds carried | forward | 387,199 | 387,199 | 539,194 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Note | 8 | |||||
| Fixed Assets | ||||||
| Tangible fixed assets | 13 | 663,468 | 733,636 | |||
| Current Assets | ||||||
| Debtors | 14 | 1,738,975 | 1,918,838 | |||
| Cash at bank | and in hand | 794,447 | 592,787 | |||
| 2433,422 | 2,511,625 | |||||
| Creditors: amouats | falling due within oae year | 15 | 1,873,688 | 1,422,020 | ||
| Net Current | Assets | 659,734 | 1,089,605 | |||
| Total Assets | Less Current Liabilities | 1423,202 | 1,823,241 | |||
| Creditors: amounts | falliag due after more thea one year | 16 | 936,003 | 1,284,047 | ||
| Net Assets | 387,199 | 539,194 | ||||
| Funds ofthe | Charity | |||||
| Unrestricted | funds | 387,199 | 539,194 | |||
| Total charity | funds | 17 | 387,199 | 539,194 |
| 2022 | 2021 | ||
|---|---|---|---|
| Cash Flows from Operating | Activities | ||
| Net expenditure | (151,995) | (3,054,983) | |
| Adjustments for: | |||
| Depreciation oftangible fixed assets | 2,192 | 1,919 | |
| Dividends, interest and rents |
from investments | (17,189) | (16,347) |
| Accrued expenses | 2,082 | 3,650 | |
| Chongesin: | |||
| Trade and other debtors | 179,863 | (708,011) | |
| Trade and other creditors | 101,542 | 266,957 | |
| Cash generated from operations |
116,495 | (3,506,815) | |
| Net cash &om/(used in) operating activities |
116,495 | (3,506,815) | |
| Cash Flows from Investing | Activities | ||
| Dividends, interest and rents |
&om investments | 17,189 | 16,347 |
| Purchase oftangible assets |
(256,015) | (411,564) | |
| Proceeds from sale oftangible assets | 323,991 | 3,737,956 | |
| Net cash from investing activities |
85,165 | 3,342,739 | |
| Net Increase/(Decrease) in Cash and Cash Equivalents |
201,660 | (164,076) | |
| Cash and Cash Equivalents | at Beginning ofYear | 592,787 | 756,863 |
| Cash aad Cash Equivalents | at Ead ofYear | 794,447 | 592,787 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | 2022 f |
Funds | 2021 | |||||||
| Donations | ||||||||||
| Sabil Vl Khair Wal Barakat | 109,730 | 1099730 | 121,812 | 121,812 | ||||||
| Niyaz | 19,458 | 19,458 | 8,416 | 8,416 | ||||||
| Qardan donations | 18,293 | 18493 | 10,537 | 10,537 | ||||||
| Masjid | 2,130 | 2,130 | 582 | 582 | ||||||
| Shabab-ul-Eidiz | Zahabi | 10,934 | 10,934 | 11,195 | 11,195 | |||||
| Faiz Mawaid | Burhamyah | Niyaz | Religious | 100,277 | 100,277 | 115,738 | 115,738 | |||
| Other donations | 3,476 | 3,476 | 2,275 | 2,275 | ||||||
| Gifi Aid | 15,413 | 15,413 | 134,744 | 134,744 | ||||||
| Donation | from Dawat-e-Hadiyah | Trust (UK) | 200,000 | 200,000 | 610,000 | 610,000 | ||||
| Safer Ikram | and | Safer Zyafat | 275,545 | 275,545 | ||||||
| 479,711 | 479,711 | 1,290,844 | 1,290,844 | |||||||
| 5. | Charitable | Activities | ||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2022 | Funds | 2021 | |||||||
| 6 | ||||||||||
| Madrasah | receipts | 25,807 | 25,807 | 18,802 | 18,802 | |||||
| Jamaatkhan | a | 4,983 | 4,983 | 5,633 | 5,633 | |||||
| 30,790 | 30,790 | 24,435 | 24,435 | |||||||
| 6. | Investment | Income | ||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2022 | Funds | 2021 | |||||||
| 8 | I | |||||||||
| Rental income | 17,189 | 17,189 | 16,347 | 16,347 |
| 7. | Expeaditnre | on | Charitable | Activities | ||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| 6 | ||||||||
| Direct charitable | activities | 672,438 | 672,438 | 4,374,354 | 4,374,354 | |||
| Support costs | 7,247 | 7447 | 12,255 | 12,255 | ||||
| 679,685 | 679,685 | 4,386,609 | 4,386,609 | |||||
| L | Expenditure | on | Charitable | Activities | ||||
| Activities | ||||||||
| undertaken | Total funds | |||||||
| directly | Supportcosts | 2022 | Total fund 2021 | |||||
| 8 | ||||||||
| Direct charitable | activities | 672,438 | 672,438 | 4,377,954 | ||||
| Governance | costs | 7,247 | 7,247 | 8,655 | ||||
| 672,438 | 7,247 | 679,685 | 4,386,609 | |||||
| 9. | Net Expenditure | |||||||
| Net expenditure | is stated atter charging/(crediting): | |||||||
| 2022 | 2021 | |||||||
| 8 | ||||||||
| Depreciation | oftangible fixed assets | 2,192 | 1,919 | |||||
| 10. | Auditors Remuneration |
|||||||
| 2022 | 2021 | |||||||
| 8 | ||||||||
| Fees payable | for | the audit ofthe financial | statements | 4,800 | 4,100 | |||
| 11. | Staff Costs |
| Tangible Bxed Assets | |||
|---|---|---|---|
| Land and | |||
| buildings | Motor vehicles | Total | |
| 6 | |||
| Cost | |||
| At I January 2022 | 724,591 | 10,964 | 735,555 |
| Additions | 256,015 | 256,015 | |
| DIsposals | (323,991) | (323,991) | |
| At31December 2022 | 656,615 | 10,964 | 667,579 |
| Depreciation | |||
| At I January 2022 | 1,919 | 1,919 | |
| Charge for the year | 2,192 | 2,192 | |
| At 31December 2022 | 4,111 | 4,111 | |
| Carrying amouat |
|||
| At 31December 2022 | 656,615 | 6,853 | 663,468 |
| At 31December 2021 | 724,591 | 9,045 | 733,636 |
| Debtors | |||
| 2022 | 2021 | ||
| Other debtors | 1,738,975 | 1,918,838 |
| Creditors: amouats falling due within one year |
||
|---|---|---|
| 2022 | 2021 | |
| Accruals and deferred income | 9,432 | 7,350 |
| Social security and other taxes | 547 | 975 |
| Other creditors | 1,863,709 | 1,413,695 |
| 1,873,688 | 1,422,020 |
| Unrestricted | funds | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| At | ||||||||||
| At | 31December 2 | |||||||||
| 1January | 2022 | Income | Expenditure | Transfers | 022 | |||||
| f. | ||||||||||
| General funds | 443,163 | 527,690 | (679,685) | (18,293) | 272,$75 | |||||
| Designated | Fund - Masjid | |||||||||
| project | ||||||||||
| Designated | Fund - Qardan | |||||||||
| Hasana | 96,031 | 18,293 | 114424 | |||||||
| 539,194 | 527,690 | (679,685) | 3$7,199 | |||||||
| At | ||||||||||
| At | 31December 20 | |||||||||
| I January | 2021 | Income | Expenditure | Transfers | 21 | |||||
| 6 | ||||||||||
| General funds | 626,790 | 1,331,626 | (4,386,609) | 2,871,356 | 443,163 | |||||
| Designated | Fund - Masjid | |||||||||
| project | 2,881,893 | (2,881,893) | ||||||||
| Designated | Fund - Qardan | |||||||||
| Hasana | 85,494 | 10,537 | 96,031 | |||||||
| 3,594,177 | 1,331,626 | (4,386,609) | 539,194 | |||||||
| Analysis of | Net Assets Between | Funds | ||||||||
| Unrestricted | Total Funds | |||||||||
| Funds | 2022 | |||||||||
| 8 | ||||||||||
| Tangible fixed assets | 663,468 | 663,468 | ||||||||
| Current assets | 2,533,422 | 2,533,422 | ||||||||
| Creditors less than 1 | year | (1,873,688) | (1,873,688) | |||||||
| Creditors greater than | I year | (936,003) | (936,003) | |||||||
| Net assets | 387,199 | 387,199 | ||||||||
| Unrestricted | Total Funds | |||||||||
| Funds | 2021 | |||||||||
| Tangible fixed assets | 733,636 | 733,636 | ||||||||
| Current assets | 2,511,625 | 2,511,625 | ||||||||
| Creditors less than I | year | (1,422,020) | (1,422,020) | |||||||
| Creditors greater than | I year | (1,284,047) | (1,284,047) | |||||||
| Net assets | 539,194 | 539,194 | ||||||||
| Analysis of | Changes | in Net | Debt | |||||||
| At 1 Jan 2022 | Cash flows | At 31Dec2022 | ||||||||
| Cash at bank | and in hand | 592,787 | 201,660 | 794,447 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| 8 | 6 | ||||||
| Income and endowments | |||||||
| Donations and legacies | |||||||
| Sabil Ul Khair Wal Barakat | 109,730 | 121,812 | |||||
| Niyaz | 19,458 | 8,416 | |||||
| Qardan donations | 18,293 | 10,537 | |||||
| ivlasjid | 2,130 | 582 | |||||
| Shabab-ul-Eidiz | Zahabi | 10,934 | 11,195 | ||||
| Faiz Mawaid Burhaniysh | Niyaz | Religious | 100477 | 115,738 | |||
| Other donations | 3,476 | 2,275 | |||||
| Gift Aid | 15,413 | 134,744 | |||||
| Donation from Dawat-e-Hadiyah | Trust (UK) | 200,000 | 610,000 | ||||
| Safer Ikram and | Safer Zyafat | 275,545 | |||||
| 479,711 | 1,290,844 | ||||||
| Charitable activities |
|||||||
| Madrasah receipts |
25,807 | 18,802 | |||||
| Jamaatkhana | 4,983 | 5,633 | |||||
| 30,790 | 24,435 | ||||||
| Investment income |
|||||||
| Rental income | 17,189 | 16,347 | |||||
| Total income | 527)690 | 1,331,626 | |||||
| Expenditure | |||||||
| Expenditure on |
charitable | activities | |||||
| Legal and professional | fees | 7447 | 12,255 | ||||
| Depreciation | 2r192 | 1,919 | |||||
| Talimy Imdad | 40409 | 33,501 | |||||
| Niyaz | 28,621 | 5,794 | |||||
| Haj-E-Badal | 3425 | 3,408 | |||||
| Taqanuban | 47,291 | 38,060 | |||||
| Paiz lvlawaid Burhaniysh |
101,897 | 106,864 | |||||
| Darul Emarat expenses Markaz k other related |
expenses | 16,180 63,866 |
49,155 73,743 |
||||
| Masjid contribution | 25,723 | 26,004 | |||||
| Donations to Dawat-E-Hadiyah | 328444 | 3,941,465 | |||||
| Other expenditure | 4,990 | 2,226 | |||||
| StafFtraining | 5,650 | ||||||
| Ifrfta Safer | 109000 | 91,635 | |||||
| Profit on disposal | oftangible | assets | (5,070) | ||||
| 6799685 | 4,386,609 | ||||||
| Total expenditure | 679,685 | 4,386,609 |
| 2022 | 2021 |
|---|---|
| (1518995) | (3,054,983) |
| Year ended 31Dece | mber 2022 | ||
|---|---|---|---|
| 2022 | 2021 | ||
| 6 | |||
| Expenditure on charitable |
activities | ||
| Direct charitable activities |
|||
| Activities undertotteo directly Depreciation Talimy Imdad Niyaz-E-Husain Haj-E-Badal Taqarruban Faiz Mawaid Burhaniyah Darul Emarat expenses Markaz tk other related expenses Masjid contribution Donations to Dawat-E-Hadiyah Other expenditure Stafftraining Ifitla Safer |
2,192 40409 28,621 3425 47491 101i897 16,180 63dt66 25,723 328,244 4,990 10,000 |
1,919 33,501 5,794 3,408 38,060 106,864 49,155 73,743 26,004 3,941,465 2,226 5,650 91,635 |
|
| Profit on disposal oftangible | assets | (5,070) | |
| 6729438 | 4,374,354 | ||
| Support costs Legal and professional fees |
3,600 | ||
| Governance costs |
|||
| Accountancy fees Audit fees |
2,448 4,799 |
4,553 4,102 |
|
| 7,247 | 8,655 | ||
| Expenditure on charitable |
activities | 679,685 | 4,386,609 |