##
##
##
##
##
##
##
##
##
##
##
|1hc object o|fthc Trust shall bcto help thc Inca) commun|ity ofWalthamstow
an|d thc surm|mxhng
area:|
|---|---|---|---|---|
|(i)|for the sdvanixxnent ofthe religion oflshm|in accordance with thc|tenets and|doctrine oFthc Hanafi|
||Sunni Sectofblam:||||
|(ii)|Forthc mlicfofpoverty, sicknms and distress; snd||||
|(iii)|to prowdc and assist in thc piovision of facilidcs forthc recreation||snd other leisure time||
||occupation ofthc Muslim inhabrtams ofthc
environment
and condidons oflife.|arcs which vri II help in|improving|their social|
|Organlsatlon|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|i'or the year ended 31|Decemb|er|2020||||||
|---|---|---|---|---|---|---|---|---|
||||||itcstrictcd||Total|Total|
|||Notes|||Funds|Funds|Funds|Funds|
||||||(Building)|(fhher)|2020|7019f|
|lacollllag rcsollrces|||||||||
|Donations||||139,694||11,468|I5I,I62|I53,918|
|Invcsnncnt
income||||23,311|||23,3I I|24,1$0|
|Gilt-Anl||||I2,382|||I2.3$2|5.467|
|Nct mcoming resources|avallabk|||175,3$7||11,468|186.855|183,565|
|for charltabk
appilcatiou|||||||||
|Charitable expeaditure|||||||||
|Saiartcs and NLC||||98,982|||98,982|103,466|
|Pension||||I,128|||I,I28|l,005|
|Furlough
repnymen«
In%nance||||(5,082)
5.02$|||(5,082)
S,02$|4.5 I0|
|Wnt(T mtcs||||I 239|||1239|2,338|
|light and heat||||5 301|||5901|7483|
|Tclcphoae Ih internet||||1,272|||1272|I,I58|
|Repairs aad maintenance|-Building|||2,610|||2,610|8,822|
||-Equrpmcnt|||4,647|||4,647|5,137|
|Accountancy
fee||||l,200|||l,200|1„300|
|Sundry expcnsm||||437|||437|626|
|Cleaning
materials
l.iccnsc fcc||||I43
185|||143
185|56S
185|
|Professional
fccs||||500|||500|549|
|Dcptcctanon||||3,005|25,117||28,122|2$,122|
|Motor expenses||||||I,550|1,550|l,330|
|(mvid 19expenses||||1.703|||1,703||
|Repu&vaunts
made tocharitics||||||3,700|3,700|22,72$|
|Total charitable
expentwture||||122298|25.117|5.150|152.565|189.324|
|Total resources espeaded||||122298|25.117|5,150|152,565|1$9,324|
|Net iacomiaa resources||||53,089|(25,117)|641$|34290|(5,759)|
|In&vcusc in fair value ofinnstmcnt|||property|||||526.016|
|hist mov«nant
in fund|||||||||
|Funds balances ut 31December||2019||I, I I6,350|2,0$l,366|IS,40S|3,2I3.12I|2.692.Ãvl|
|Fuads balances at31 December|||ZOZO|1469,439|2,056~9|Zl,723|3247,4li|~iMZi|
##
##
|||Via(ex|||2020|||
|---|---|---|---|---|---|---|---|
|Fixed assets||3|||2,209,5SO||2,237,672|
|investment
property||4|||600.000||GOO.OOO|
||||||2.((ou 55(I||7.((37.672|
|Current assets||||||||
|Debtors arul prepaymenLs||5|9,369|||&,589||
|Dank current acrxrun(|||301,305|||240,458||
|Dank deposi( accoun(|||143,903|||142,l92||
|Cash||||3S||35||
||||I51.&iI7.|||391,77(||
|Creditors duc vrithhr|unc year|||||||
|Creditors and accruals||6|(&i85 I||437.76(|15475|375.449|
|Total assets icss current liabilities|||||3247 311||3213121|
|Total nct assets|||||3447411||3,213,121|
|Restricted funds|||||7,.(177.&77||2.09&i.77I|
|Unrus(ric(ed
funds|||||1,169439||1,116,350|
|Total funds|||||3+47+11||3,213,121|
|Approved
bv the board|oftrustccs and si&ncd on its|||behalf bv||||
|1Mchtar|||||I= Vavrda|||
|Trcasurcr|||||Sccrctary|||
##
##
##
##
##
##
##
##
##
|2 investment
income||20M||2019|
|---|---|---|---|---|
|Return
On bank dcpOSit aCCCSmt||I 711||1,695|
|Rental income||21.600||22,485|
|||233I I||24,180|
|3Tangible fixed assets|Freehold land
43rbuildings|Furniw re
fitting 4|Ambulaace|Total|
|Cost or valuation||crpripmcntf|||
|Ai I Ja ~y 2020|2.755.856|80.505|24.070|2.360.431|
|Additions|||||
|At 3 I Iscccmbcr 2020|2,255,856|80.505|24.070|73(AI,43 I|
|Depreciation
At 0I January
2020|50,234|64.505|8.020|I22,759|
|«barge for the year|25.117|1.000|7.,005|28,122|
|At 31Dcccmbcr 2020|75,351|65,505|10025|IAO.IIII I|
|Net book value|||||
|At 31December 2020|2 180.505|15.000|I4,045|2,209.550|
|At 31 Occcmlxv 2020|2,205,622|16000|1.605II|2,237,672|
|4lnvcsimcai
Property|||||
|||||Vora|
|Fair value|||||
|At
I January 2020||||600,000|
|kcsuluation|||||
##
##
|5|Dehtors and prepaymcnts|||f|2tll9|
|---|---|---|---|---|---|
||prepayments|||9.369|8,489|
|||||9W9|$,4$9|
|6|Creditors aud accruals|||2020f|2019f|
||Intemst free loans|||I2,350|12„350|
||Accruals and other creditors|||4.501|3.475|
|||||16,851|15„825|
|7.|Restricted funds|||||
|||Building||Total|Total|
||ht 01January 2020|2,081,366|15,405|2,096,771|2,125.038|
||Net addition
in the year||11,468|11,468|20,908|
||Repayments
Depreciation|(25, II7)|(5,250)|(5,250)
(25, 1I7)|(24,058)
(25,117)|
||At 31 DeannhLv 2020|2,056,249|21,623|2,077,872|2,096,771|
|$.|Uarcstrictcd
funds|Revaluation|General|Total|Total|
|||Reserve|Reservef|2020|2019f|
||At 01Jtumaty 2020|526.016|590334|I,I I&e350|567,$26|
||Surplus/(Dcscit)
forthe year||53.(19|53,089|548,524|
||AI31December 2020|526,016|643,423|1,169,439|1,116,350|