## ## ## |||Page| |---|---|---| |Trustee's Report||| |Independent
Auditor's|Report|| |Statement OfFinancial|Activities|12| |Balance Sheet||13| |Statement ofCash Flows||14| |Notes ToThe Financial|Statements|15| |Income &Expenditure|Statement|21| ## ## ## |Mr|Amjad|Rafiq||-Trustee| |---|---|---|---|---| |Mr|Amjad|Hussain||-Trustee| |Mr|Nigel|Andrew|Francis|-Trustee| ## ## ## |The trustees are appointed|by a resolution ofthe trustees passed at a special meeting called under clause "D"ofthe Deed of|by a resolution ofthe trustees passed at a special meeting called under clause "D"ofthe Deed of| |---|---|---| |Trust. The trustees are responsible
for||the following:| |-The day to|day running|ofthe bookstore and online bookstore;| |-Organising|fundraising|activities;| |-Organising|events for|propagation ofthe goals ofthe charity;| |-All administrative
affairs connected to the charity.||| ## ## |The|objectives|ofthe charity are set out in the Charity's
Trust|ofthe charity are set out in the Charity's
Trust|Deed and can|Deed and can|Deed and can|be expressed as|be expressed as|follows|in slightly more detail:|in slightly more detail:|in slightly more detail:||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||-To publish|books and leaflets to advance the|understanding|||ofthe|Salafi beliefs and||practices||||| |||-To provide|a bookstore
in a safe and welcoming||environment||open|to all religions
and persuasions||||to come|and learn Salafi|beliefs| |||and practices||||||||||||| |||-To advance|the education ofthe community,|in|particular|Muslims||through|the maintenance||ofeducational||establishments|and| |||mosques||||||||||||| ## ## ## ## ## ## ## ## ## ## ## ## |Responsibilities
oftrustees||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |As explained
more fully in the trustees'
responsibilities
statement
set out on pages 7-8, the|trustees are responsible
for the||preparation of||||the|||| |financial
statements
and for being satisfied that they give a true and fair view, and for such||internal
control as the trustees determine||||is necessary to||||| |enable the preparation
offinancial
statements
that are free from material
misstatement,
whether
due to fraud orerror.||||||||||| |In preparing
the financial
statements,
the trustees are responsible
for assessing the charity's||ability to continue as agoing concern,|||disclosing,|||as||| |applicable,
matters related to going concern and using the going concern basis ofaccounting||unless the trustees either intend to||liquidate|||the charity|||| |or to cease operations,
or have no realistic alternative
but to do so.||||||||||| |Auditor's
responsibilities
for the audit ofthe financial statements||||||||||| |We have been appointed
as auditor under Section 144ofthe Charities Act 2011and report||in accordance
with the Act and|relevant regulations||||||made|| |or having effect thereunder.||||||||||| |Our objectives are to obtain reasonable
assurance
about whether
the financial
statements
as||a whole are free from material|misstatement,||||whether due|||| |to &aud or error, and to issue an auditor's
report that includes
our opinion. Reasonable
assurance
is a high level ofassurance,
but|||||is not a||guarantee|||| |that an audit conducted
in accordance with ISAs (UK) will always detect a material
misstatement
when it exists.||||||||||| |Misstatements
can arise from fraud or error and are considered
material
if, individually
or|in the aggregate,
they could reasonably||||be|expected||to||| |influence
the economic decisions ofusers taken on the basis ofthese financial
statements||||||||||| |Irregularities,
including
&aud, are instances ofnon-compliance
with laws and regulations.|We design procedures
in line with our responsibilities,|||||||||| |outlined
above, to detect material
misstatements
in respect ofirregularities,
including
fraud.||The extent to which our procedures||are||capable of||||| |detecting
irregularities,
including
fraud is detailed below:||||||||||| |~ the engagement
partner ensured
that the engagement
team collectively
had the appropriate||competence,
capabilities
and skills||to|identify||or recognise|||| |non-compliance
with applicable
laws and regulations;||||||||||| |~ we identified
the laws and regulations
applicable
to the company
through
discussions
with||trustees and other management,|and from our commercial|||||||| |knowledge
and experience ofthe islamic religious sector;||||||||||| |~ we focused on specific laws and regulations
which we considered
may have adirect material effect on the financial
statements||||or the operations||||||| |ofthe company,
including
the Charities Act 2011,taxation legislation,
data protection,
anti-bribery,
employment,
environmental||||||||||| |and health and safety legislation;||||||||||| |~ we assessed the extent ofcompliance
with the laws and regulations
identified
above through
making
enquiries ofmanagement||||and||inspecting|||legal|| |correspondence'
and||||||||||| |~ identified
laws and regulations
which were communicated
within the audit team regularly||and the team remained
alert to|instances|||ofnon-compliance||||| |throughout
the audit. We assessed the susceptibility ofthe company's
financial
statements||to material
misstatement,
including||obtaining|||an|||| |understanding
ofhow fraud might occur, by:||||||||||| |~ making
enquiries ofmanagement
as to where they considered
there was susceptibility
to|&aud, their knowledge ofactual,||suspected|||and|alleged fraud;|||| |~considering
the internal
controls
in place to mitigate risks offraud and non-compliance
with laws and regulations;
and||||||||||| |To address the risk offraud through
management
bias and override ofcontrols, we:||||||||||| |~ performed
analytical
procedures
to identify
any unusual
or unexpected
relationships;||||||||||| |~tested journal entries to identify unusual
transactions;||||||||||| |~assessed whether judgements
and assumptions
made in determining
the accounting
estimates were indicative ofpotential|||bias;|||||||| |~ investigated
the rationale
behind significant or unusual
transactions.||||||||||| |In response to the risk ofirregularities
and non-compliance
with laws and regulations,
we designed procedures
which included,||||but were not limited to:||||||| |~ agreeing
financial
statement
disclosures
to underlying
supporting
documentation;||||||||||| |~ reading the minutes ofmeetings ofthose charged
with governance;||||||||||| |~ enquiring ofmanagement
as to actual and potential
litigation
and claims;||||||||||| |~ reviewing
correspondence
with the company's
legal advisors.||||||||||| |There are inherent
limitations
in our audit procedures
described above. The more removed|that laws and regulations
are &om financial transactions,|||||||||| |the less likely it is that we would become aware ofnon-compliance.
Auditing
standards
also||limit the audit procedures
required||to|identify|||||| |non-compliance
with laws and regulations
to enquiry ofthe trustees and other management|and the inspection ofregulatory||and|legal||correspondence,||||if| |ally.||||||||||| |Material misstatements
that arise due to &aud can be harder to detect than those that arise fi'om error as they may involve deliberate|||||concealment||||or|| |collusion.||||||||||| ## ## |||Restricted|Unrestricted|TOTAL|TOTAL|TOTAL| |---|---|---|---|---|---|---| |Incomin
Resources|Notes|Funds|Funds|Funds 2022|Funds|2021| |||f|||f|| |Incoming
Resources from||||||| |generating
funds:||||||| |Donations,
legacies and similar|||319,696|319,696||361,339| |Incoming Resources from||||||| |Charitable
activities|||731,448|731,448||447,352| |Incoming Resources Irom||||||| |Rental Income|||31,596|31,596||34,096| |Government
Grant||3,684||3,684||51,930| |TOTAL INCOMING RESOURCES||3,684|1,082,740|1,086,424||894,717| |Resources Ex ended||||||| |Costs ofGenerating
funds|||147,910|147,910||100,125| |Charitable
Activities||3,684|765,960|769,644||656,324| |Governance
Costs|||14,733|14,733||7,005| |TOTAL RESOURCES EXPENDED||3,684|928,603|932,287||763,454| |OTHER RECOGNISED GAINS/(LOSSES):||||||| |Gains on revaluation offixed assets||||||| |for the charity's
own use||||||| |NET MOVEMENT IN FUNDS|||154,137|154,137||131,263| |RECONCILIATION
OF FUNDS||||||| |TOTAL FUNDS Brought forward|||1,380,725|1,380,725|1+49,462|| |TOTAL FUNDS Carried forward|||1,534,862|1,534,862|1+80,725|| ## |||BALANCE SHEET AS AT 30SEPTEMBER2022|BALANCE SHEET AS AT 30SEPTEMBER2022||| |---|---|---|---|---|---| |||Notes|||| ||||2022|2021|| |FIXEDASSETS|||||| |Freehold Property &Improvements|||816,418||821,309| |equipment|||5,575||4,464| |Plant &Machinery|||8,250||| |Fixtures &Fittings|||2,236||1,672| ||||832,479||827,445| |CURRENT ASSETS|||||| |Stock||12|26,748|57,890|| |Debtors||13|59,155|106,095|| |Cash &Bank Account Balances|||629,898|396,101|| ||||715,801|560,086|| |LESSCREDITORS: Amounts|||||| |Falling Due Within One Year||14|13,418)|(6,806|| |NET CURRENT (LIABILITIES)ASSETS|||||| ||||702,383||553,280| ||||1,534,862||1,380,725| |LESSCREDITORS: Amounts|Falling||||| |Due after more than One Year||15|||| |TOTAL ASSETSLESSTOTAL LIABILITIES|||1,534,862||IP80,725| |THE FUNDS
FTHE CHARITY:|||||| |Unrestricted
Funds|||||| |General/
Designated
Purpose Funds B/Fwd||17|1,380,725|1,249,462|| |General Purpose Funds ForThe|Year||154,137|131,263|| |Designated
Purpose Funds For The Year|||||| ||||1,534,862||1,380,725| |Restricted Funds|||||| |Specific Funds B/fwd|||NIL||| |Specific Funds For the Period|||NIL||| |TOTAL CHARITY FUNDS|||1,534,862||1,380,725| ## ## ## ## |(i) Ta|ngible Fixed Assets (Depreciat|ion)|||| |---|---|---|---|---|---| |These|are only capitalised
when they|can be used for|more than ayear and|cost more than f250.They are valued at|cost or a reasonable| |value|on receipt. The charity does not|have a policy ofrevaluation.
Depreciation
is charged as follows:|||| ||-Plant &Machinery||25%at reducing|balance basis|| ||-Equipment||25%at reducing|balance basis|| ||-Fixtures &Fittings||25%at reducing|balance basis|| ||-Buildings||2%straight
line|basis|| ||-Land||Nil||| |Land|is not depreciated.
Depreciation|on other assets|is charged so as to allocate the costofassets less their residual||value over their estimated| |useful|lives, using the reducing
balance method.||||| ## ## ## ## ## ## ## ## |||||||||Restricted|Unrestricted|TOTAL|TOTAL| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Funds|Funds|2022|2021| ||||||||||||f| ||||Donations||- General||||319,696|319,696|361,339| ||||Donations||—Restricted||||||| ||||||||||319,696|319,696|361@39| |3.Incoming||Resources|||from charitable|Activities|||||| |||||||||Restricted|Unrestricted|TOTAL|TOTAL| |||||||||Funds|Funds|2022|2021| |Funds from||Sho
Activities|||||||||| ||||Shop Sales||&Publications||||731,448|731,448|447@52| ||||||||||731,448|731,448|447@52| |Incomin|Resources from Other Resources||||||||||| |||||||||Restricted|Unrestricted|TOTAL|TOTAL| |||||||||Funds|Funds|2022|2021| |||||||||f||f|f| ||||Rental income||||||31,596|31,596|34,096| ||||Government||Grant|||3,684||3,684|51,930| |||||||||3,684|31,596|35,280|86,026| ||||||||||Unrestricted||| ||||||||Restricted|Unrestricted|Support|Total|Total| ||||||||Funds|Funds|Costsf|2022
f|2021| |4.Cost ofGenerating||||Funds|||||||| ||||Support Costs||||||147,910|147,910|100,125| |5.Charitable|||activities||||||||| |Shop (Faith||and worship):|||||||||| |||Shop &Mosque|||||3,684|478,753||482,437|398,574| |Community||activities:|||||||||| |||Donations|||&Conference Costs|||287,207||287,207|257,750| |Total charitable
activities|||||||3,684|765,960||769,644|656@24| |6.Governance|||costs|||||14,733||14,733|7,005| ## ## |7.Support Costs||||||| |---|---|---|---|---|---|---| ||Cost of|||||| ||Generating||||Total|Total| ||Funds|Premises|Sundry|Goveraance
f|2022|2021| |Rent, Rates &Utilities||118,174|||118,174|82,479| |Waste Collection||2,822|||2,822|3,005| |Office Costs|11,692||||11,692|5,272| |Bank Charges|4,772||||4,772|1,887| |Travel|206||||206|545| |Depreciation|10,244||||10,244|6,937| ||26,914|120,996|||147,910|100,125| ## |||||2022|2021| |---|---|---|---|---|---| |||||f|f| |Auditors|remuneration|||7,000|| |Depreciation||||10,244|6,937| |||||17,Z44|6,937| |10.Staff|costs||||| |||||2022|2021| |Wages and salaries||||149,460|118,607| |Social security||costs||12,142|8,135| |||||161,602|126,742| |Average|number ofemployees||for the period|13|| |||||13|| |No employees||were paid more|than f60,000.||| ## ## ## ||||Land &|Plant|&|Equipment|Fixtures|&|| |---|---|---|---|---|---|---|---|---|---| ||||Bailding
f.|Machinery
f||f|Fittings||Total| |COST|||||||||| |As At
1 October 2021|||862,882|||16,784|20,988||900,654| |Additions|||||11,000|2,969||1,309|15,278| |Revaluation|||||||||| |As At 30September 2022|||862,882||11,000|19,753|22,297||915,932| |DEPRECIATION|||||||||| |As At I October 2021|||41,573|||12,320||19,316|73,209| |Charge ForThe Year|||4,891||2,750|1,858||745|10,244| |As At 30September 2022|||||2,750|14,178|20,061||83,453| |NET BOOK VALUES|||||||||| |AS AT 30September 2022|||816,418||8,250|5,575||2,236|832,479| |AS AT 30September 2021|||821,309|||4,464||1,672|827,445| |12.STOCK||||2022|||2021||| |Goods for resale|||||26,748||57,890||| |||||2022|||2021||| |13.DEBTORS||||f|||f||| |Trade Debtors &Prepayments|||||||32,400||| |Other Debtors|||||59,155||73,695||| ||||||59,155||106,095||| |Other Debtors include payments||to non for profit organisations|with similar|objectives.|||||| |14.CREDITORS: Amounts|falling|||2022|||2021||| |dne within one year|||||||||| |Trade Creditors|||||9,796|||3,541|| |Taxation &Social Security Costs|||||3,622||||| |Other Creditors||||||||3,265|| ||||||13,418|||6,806|| |15.CREDITORS: Amounts
due after one year|falling|||2022|||2021
f||| |Other Creditors|||||||||| ## |17.Reserves|2022|2021| |---|---|---| |As At I October 2021|1,380,725|1,249,462| |Net Surplus for the period|154,137|131,263| |As At 30September 2022|1,534,862|1,380,725| ## |||||2022|2021| |---|---|---|---|---|---| ||||||f| |Net movement
in funds||||154,137|131,263| |Add back depreciation|charge|||10,244|6,937| |Deduct depreciation
on|disposed offasset||||| |Add back loss on disposal ofassets|||||| |Decrease/ (Increase) in|stock|||31,142|(6,407)| |Deduct income shown|in investing|activities||(31,596)|(34,096)| |Add loss on revaluation|ofassets||||| |Decrease/ (Increase) in|debtors|||46,940|(420)| |Increase/ (Decrease) in|creditors|||6,612|1,442| |Deduct short-term
loan|shown
in financing||activities||| |Net cash used in operating
activities||||217,479|98,719| ## ## ## ||||Restricted|Unrestricted|Total|Total| |---|---|---|---|---|---|---| ||||Funds|Funds|2022|2021| ||||f|f|f|| |INCOME||||||| |Bookstore &Publications||||731,448|731,448|447+52| |Donations - General||||319,696|319,696|361,339| |Rental Income||||31,596|31,596|34,096| |Government
Grant|||3,684||3,684|51,930| ||||3,684|1,082,740|1,086,424|894,717| |~E*
do||||||| |Bookstore &Publications||||||| |Opening Stock||||57,890|57,890|51,483| |Purchases/
Direct Costs||||283,025|283,025|274,081| |Closing Stock||||(26,748)|(26,748)|(57,890)| |||||314,167|314,167|267,674| |Charitable
Ex enditure||||||| |Overseas Aid Projects||||266,026|266,026|247,337| |Educational
Conferences||||21,181|21,181|10,413| |||||287,207|287407|257,750| |0 eratin
&Administration||Kx euditure||||| |Wages, Social Security &Pension|||3,684|157,918|161,602|126,742| |Rent, Rates, Water &|Insurance|||78,309|78,309|70,116| |Heat &Light||||39,865|39,865|12,363| |Telephone &Internet||||1,474|1,474|2,005| |Stationery
Postage &ITCosts||||5,032|5,032|3,629| |Travel Costs||||206|206|545| |Waste Collection||||2,822|2,822|3,005| |Office Costs||||10,218|10,218|3,267| |Advertising||||1,636|1,636|529| |Bank Charges||||4,772|4,772|1,887| |Depreciation||||10,244|10,244|6,937| ||||3,684|312496|316,180|231,025| |Governance||||||| |Book-Keeping,
Accountancy &Audit||||13,250|13,250|6,000| |Legal &Professional|Fees|||1,483|1,483|1,005| |Trustees' Travel Expenses||||||| |||||14,733|14,733|7,005| |TOTAL EXPENDITURE|||3,684|928,603|932,287|763,454| |EXCESSINCOME|OVER EXPENDITURE|||154,137|154,137|131/63|