| Unrestricted | Restricted | Totals | Totals | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | |||
| 6 | 6 | 6 | 8 | |||
| INCOME | ||||||
| .WIV I |
Donations | 25,244 | 25,244 | 27,028 | ||
| New Building Appeal | 125,372 | 125,372 | 497,330 | |||
| Events Donations | 1,585 | 1,585 | ||||
| Investment Income |
112 | 8,100 | 8,212 | 3,241 | ||
| Income from Charities | Activities | |||||
| Other Income | 1,515 | 1,515 | 453 | |||
| Membership Fees |
13,184 | 13,184 | 16,304 | |||
| Gift Aid Payments | 4,706 | 14,570 | 19,276 | 25,710 | ||
| Madressa Fees | 52,366 | 52,366 | 35,888 | |||
| Shop Income | 675 | 675 | 2,345 | |||
| HMRC JRS Covid Grants | ||||||
| TOTAL INCOME | 99,387 | 148,042 | 247,429 | 608,299 | ||
| RESOURCES EXPENDED | ||||||
| Cost of Generating | Funds | |||||
| Charitable Activities |
89,101 | 89,101 | 81,429 | |||
| NET INCOMING RESOURCES | 10,286 | 148,042 | 158,328 | 526,870 | ||
| Fund Balances Brought Forward | 436,051 | 1,331,718 | 1,767,769 | 1,240,899 | ||
| Fund Reclassification | (171,494) | 171,494 | ||||
| FUND BALANCES | CARRIED FORWARD | 274,843 | 1,651,254 | 1,926,097 | 1,767,769 |
| NOTES | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|
| f | 6 | 6 | |||||
| FIXEDASSETS | |||||||
| As per Fixed Asset Schedule | 1,090,902 | 929,783 | |||||
| CURRENT ASSETS | |||||||
| Stock | 841 | 247 | |||||
| Debtors 8 Prepayments | 5 | 1,110 | |||||
| Cash at Bank | 838,315 | 825,811 | |||||
| Cash in Hand | 8,155 | 13,728 | |||||
| 848,421 | 839,786 | ||||||
| CURRENT LIABILITIES | |||||||
| Bank Overdraft | |||||||
| Accurals 8 Creditors | 6 | 13,226 | 1,800 | ||||
| Other Creditors &Loans |
|||||||
| 13,226 | 1,800 | ||||||
| Net Current Assets / (Liabilities) |
835,195 | 837,986 | |||||
| TOTAL ASSETS LESSCURRENT | LIABILITIES | 1,926,097 | 1,767,769 | ||||
| LONG-TERM CREDITORS | |||||||
| Creditors due after one year | |||||||
| NET ASSETS | 1,926,097 | 1,767,769 | |||||
| REPRESENTED BY: | |||||||
| ACCUMULATED FUNDS |
|||||||
| Net Assets B/fwd 01/05/2022 | 1,767,769 | 1,240,899 | |||||
| Surplus for the Year |
158,328 | 526,870 | |||||
| Net Assets C/fwd 30/04/2023 | 1,926,097 | 1,767,769 |
| 1.Accounting | Policies | |
|---|---|---|
| (a)Basis of Preparation | These financial statements have been prepared under historical cost convention and |
|
| in accordance with applicable accounting standards. The financial statements have been |
||
| prepared in accordance with the Charities SORP October 2010(FRS 102). |
||
| (b) Fund Accounting | General funds are unrestricted funds which are available for the use ofdiscretion ofthe |
|
| Trustees in furtherance ofthe general objecbves ofthe charity and has not been put aside |
||
| for other purposes. | ||
| Restricted Funds are funds which are to be used in accordance with spedfic restrictions |
||
| which has been raised by the charity for a specific purpose. The cost ofraising and | ||
| administering such funds are charged against the specific fund. |
||
| (c) Investment | Income | Income from investment and from rental income is included in the SORP in the year in |
| which it is receivable. |
||
| (d) Incoming Resources | Afi incoming resources are included in the SORP when the charily is legally entitled to |
|
| the income and the amount can be can quantified with reasonable accuracy. Gifts in kind |
||
| donated for distribution are included at valuation and recognised as income when they are |
||
| distributed to the projects. For legacies, entitlement is the earlier ofthe charity been notified |
||
| ofand impending distribution ofthe legacy being received. Donated facilibes are induded |
||
| at the value to the charity when this can be quantified and a third party is bearing the cost. |
||
| (e)Resources | Expended | Afi expenditure is accounted for on an accruals basis and has been classified under the |
| heading that aggregate afi costs relating to the category. Where costs cannot be directly |
||
| attributed to particular headings they have been allocated to activifies on the basis consistent |
||
| with use ofresources. | ||
| (I)Tangible Fixed Assets | Tangible fixed assets are capitalised and induded at cost induding incidental expenses |
|
| ofacquisitions. |
| Depreciat the cost |
ion is calculated on all tang ofthe asset over the useful |
ible fixed assets on economic life ofthe |
|---|---|---|
| Freehold | Land | go/o |
| Freehold | Building | 0% |
| Motor Vehicles | 20o/o | |
| Fixtures | & Equipment | 25o/o |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 8 | 8 | |||
| Cost ofSales | 908 | 1,837 | ||
| Wages, PAYE &Pension Costs | 63,647 | 61,839 | ||
| Honoriaium &Admin |
Payments | 3,772 | 171 | |
| Rent &Rates | 2,748 | 2,362 | ||
| Heat 8 Light | 9,403 | 6,278 | ||
| Insurance | 2,181 | 2,979 | ||
| Repairs & Renewals | 1,247 | 1,841 | ||
| Equipment &Books |
(Kitaabsl | 1,651 | 1,860 | |
| Functions &Activities Costs |
1,285 | 925 | ||
| Advertising | 250 | 101 | ||
| Telephone | ||||
| Postage, Stationery | & Matenals | 142 | 101 | |
| Subscriptions, Licenses & Training |
Costs | 368 | 307 | |
| Legal, Professional | &Consultancy | Fees | ||
| Bank Charges | 984 | 524 | ||
| Sundry Expenses | 20 | 12 | ||
| Depreciation | 495 | 292 | ||
| 89,101 | 81,429 |
| 4.Tangible Fixed Assets | |||||||
|---|---|---|---|---|---|---|---|
| Land 8 | Capital | Asset Under | Motor | Fixtures 8 | |||
| Total | Propert | Im rovements | Construction | Vehicles | Equipment | ||
| Cost | |||||||
| As at 1 May 2022 | 930,075 | 397,442 | 531,466 | 1,167 | |||
| Additions | 161,614 | 160,799 | 815 | ||||
| Disposals | |||||||
| Redassification | |||||||
| As at 30Apnl 2023 | 1,091,689 | 397,442 | 692265 | 1 982 | |||
| Depreciation | |||||||
| As at 1 May 2022 | 292 | 292 | |||||
| Charge for year | 495 | 495 | |||||
| Disposals | |||||||
| As at 30April 2023 | 787 | 787 | |||||
| Net book value | |||||||
| As at30April 2023 | 1,090,902 | 397442 | 692,265 | 1,195 | |||
| As at 30 April 2022 | 929 | 783 | 397442 | 531,466 | 875 |
| Breakdown |
of Land & Property | ||||
|---|---|---|---|---|---|
| Land 8 | Asset Under | Unrestricted | Restricted | ||
| Props | Construction | Funds | Funds | ||
| 4 Ramsey Street, Bolton, BL1 7HX | 135,736 | 135,736 | |||
| 7 Pemberton | Street, Bolton, BL1 7HU | 90,212 | 90,212 | ||
| Brierfield Site, Bolton, BL17JJ | 692,265 | 692,265 | |||
| 733Blackburn | Road, Bolton, BL1 7JJ | 171,494 | 171,494 | ||
| 397,442 | 692265 | 225 948 | 863 759 |
| 2023 | |||||
|---|---|---|---|---|---|
| 2 | |||||
| Gift Aid | Payments | ||||
| Debtors | &Prepayments | 1,110 | |||
| 1,110 | |||||
| 6.Creditors: | Amounts | falling | due within | one year | |
| 2023 | |||||
| 2 | |||||
| Trade Creditors | 12,876 | ||||
| Accruals | 8 Other Creditors | 350 | |||
| 13,226 | |||||
| 7.Creditors: | Amounts | falling | due after | one year | |
| 2023 | |||||
| 8 | |||||
| Loans |
| 8.Accumulated | Funds: Analysis | ofnet assets betwe | en funds | |
|---|---|---|---|---|
| 2023 | 2023 | 2023 | ||
| Unrestricted | Restricted | Totals | ||
| Funds | Funds | 2023 | ||
| Funds balances | as at 30Apnl | 8 | 6 | |
| are represented | by | |||
| Tangible Assets | 227,143 | 863,759 | 1,090,902 | |
| Current Assets/Liabilaies | 47,700 | 787,495 | 835,195 | |
| Fund balances | carried forward | 274,843 | 1,651,254 | 1,926,097 |