## MALDON DISTRICT ISLAMIC CULTURAL ASSOCIATION Receipts & Payments Accounts YE December 2023
Charity Registration Number: 1082087
Intentionally Blank
## **Maldon District Islamic Cultural Association**
## **Contents,**
||Page|
|---|---|
|Charity information|2|
|Aims and Objectives, Trustees reports and responsibilities|3|
|Independent Examination Reports|4|
|Receipts and Payments Accounts|5|
|Statement of Assets and Liabilities|6|
|Notes|7|
## **Maldon Islamic Cultural Association** Charity
Information
## **Trustees**
Mr Mohammed Tufael Ahmed Mr Mohammed Amran
## **Accountants**
## **Mohammed Chowdhury FMAAT**
Chadwell Accounting Services Ltd Office 6 65B London Road Romford Essex RM7 9QA
## **BARCLAYS BANK**
Sort Code: 20-54-30 Account Number: 80148369
## **Registered office**
Maldon District Islamic Cultural Association (Muslim Hall)
Church street Maldon Essex CM9 5HP
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## **Aims and Objective:**
TO ADVANCE THE ISLAMIC RELIGION IN ACCORDANCE WITH THE QURAN AND SUNNAH. TO ADVANCE THE EDUCATION OF MUSLIM CHILDREN IN ACCORDANCE WITH THE TENETS AND DOCTRINES OF ISLAM.
## **Statement of Trustees' Responsibilities**
Charity Law requires the Board to prepare financial statements for each financial year which give a true and fair view of the situation of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:
The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **The Trustees' Report**
The report of the trustees for the year ended 31[st] December 2023 Financial Review and Future Plans.
At the end of this financial year, the charity has £11,280 at bank. The trustees are not expecting any financial hardship in the coming year, but still sufficient cashflow which can cover 6 months costs. In this reporting period, we secured a total income £28,062 mainly from fund raising activities, Friday collections, members’ contribution and Gift Aid.
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## **Independent Examination Reports: YE 31/12/2023**
I report on the accounts of the charity for the year ended 31st December 2023.
## **Respective Responsibilities of Trustee and Examiner:**
As the charities trustees you are responsible for the preparation of accounts. You consider the audit requirement of S144 (2) of the charities act 2011 does not apply, and that an independent examination is needed. It is my responsibility to examine the accounts under s145 of the 2011 Act to follow the procedures laid down in the general directions given by the Charity Commission under S145(5)(b) of the 2011 act and to state whether particular matters have come to my attention.
## **Basis of Independent Examiners Report:**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking of explanations from you as trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in audit and consequently no option is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
## **Independent examiners qualified statement:**
In connection with my examination, no matter has come to my attention.
1. Which gives me reasonable cause to believe that, in any material respect, the requirements:
To keep accounts records in accordance with the CC S130 of the 2011 Act.
To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 -Act.
## **MOHAMMED CHOWDHURY FMAAT**
AAT Licensed Accountant
Chadwell Accounting Services Limited (T/A Alam & Co) Office 6, 65B London Road, Romford, Essex RM7 9QA
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## **Maldon District Islamic Cultural Association Receipts and Payments Accounts**
## **for the Year Ended 31 December 2023**
## **Receipts and Payments Accounts at the Year End 31 December 2023**
||**2023**|**2022**|
|---|---|---|
|**Income: £**||
**£**|
|Charitable Donations|22,589|20,661|
|Gift Aid|5,474|1,731|
|**Total**|**28,063**|
**22,392**|
|**Less: Expenses**|||
|Charitable expenditure
|21,605
|15,816|
|Governance Costs|6,665
|10,571|
|**Allowable Cost**|**28,270**|**26,387**|
|**Net Surplus/Deficit**|**(208)**|**(3,995)**|
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## **Statements of Assets and Liabilities on 31[st] December 2023 Maldon District Islamic Cultural Association**
||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|**Fixed Assets**|||
|Tangible Fixed Asset|242,535
|242,535|
|**Current Asset**|||
|Bank and Cash in Hand|11,280|11,388|
|Debtors|||
|Current Liabilities|||
|Creditors|600|500|
|**Net current Assets - Liabilities**|**10,680**|**10,888**|
|**Net Assets:**|**253,215**
|**253,423**|
|**Capital and Reserves:**|||
|Net Surplus/Loss|(208)|(3,995)|
|Revaluation reserve|253,423
|257,418|
|**Total Reserve**|**253,215**|**253,423**|
## **Approved by the Trustees:**
**Signature: MOHAMMED TUFAEL AHMED Full Name: Position: Treasurer Date: 02/09/2024**
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## **Notes:**
## 1. **Accounting Policies**
## **Basis of preparation**
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard)
2. The accounts have been prepared on a receipts and payments basis in accordance with the Charities act 2011.
3. Payment to Trustees: The trustees receive no remuneration, direct or indirect benefits from the Charity.
4. Tangible Fixed Assets: Muslim Hall is a free hold property.
5. The Charity has no restricted Funds.
6. Donations: £22,580, Gift Aid £5,473.
7. Charitable costs: £21,605.
8. Governance and support costs: £6,665
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