| Company Information |
|
|---|---|
| Directors' Report | |
| Chartered Accountants' |
Report |
| Income Statement | |
| Statement of Financial |
Position |
| Notes to the Financial | Statements |
| Trading and Profit and |
LossAccount |
| 2021 | 2020 | ||
|---|---|---|---|
| Turnover | 41,912 | 43,835 | |
| Cost ofsales | (4,930) | ||
| Gross profit | 36,982 | 43,835 | |
| Administrative | expenses | (32,323) | (29,044) |
| Other operating | income | 7,600 | 1,796 |
| Operating profit |
12,259 | 16,587 | |
| Profit before taxation | 12,259 | 16,587 | |
| Profit for the financial year | 12,259 | 16,587 |
| Notes | 2021 | 2020 | |||
|---|---|---|---|---|---|
| E. | |||||
| Current assets | |||||
| Cash and | cash equivalents | 145,656 | 130,504 | ||
| 145,656 | 130,504 | ||||
| Trade and | other payables: amounts | falling due | (3,831) | (938) | |
| within one | year | ||||
| Net current assets | 141,825 | 129,566 | |||
| Total assets less current liabilities | 141,825 | 129,566 | |||
| Net assets | 141,826 | 129,566 | |||
| Capital and reserves | |||||
| Retained | earnings | 141,825 | 129,566 | ||
| llllembers' | Funds | 141,825 | 129,566 |
| .Property, plant and equip |
ment | |||
|---|---|---|---|---|
| Plant and | ||||
| Nlschinery | ||||
| Cost or | 6 | |||
| valuation | ||||
| At 01 April 2020 | 3,474 | |||
| At 31 March 2021 | 3,474 | |||
| Provision for depreciation |
and | |||
| impairment | ||||
| At 01 April 2020 | 3,474 | |||
| At 31 March 2021 | 3,474 | |||
| Net book value | ||||
| At 31 March 2021 | ||||
| At 31 March 2020 | ||||
| .Trade and other payables: | amounts | falling due within one year | ||
| 2021 | 2020 | |||
| 6 | 6 | |||
| Trade creditors | 1 | |||
| Taxation and social security | 467 | 349 | ||
| Other creditors | 3,363 | 589 | ||
| 3,831 | 938 |
| 2021 | 2020f | ||||||
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Donations | 33,134 | 36,492 | |||||
| Gift Aid | 2,590 | 3,310 | |||||
| Madrassa Fees | 6,188 | 913 | |||||
| Fun Day Donations | 3,120 | ||||||
| 41,912 | 43,835 | ||||||
| Cost ofSales | |||||||
| Sub Contractors - | Madrassa | Teacher Fee | 4,930 | ||||
| (4,930) | |||||||
| Gross Profit | 36,982 | 43,836 | |||||
| Administrative Expenses |
|||||||
| Wages &Salaries | 18,219 | 17,256 | |||||
| Legal and Professional | fees | (allowable) | 833 | 1,045 | |||
| Rates &Water | 257 | 292 | |||||
| Rent | 6,525 | 6,713 | |||||
| Light, Heat & Power | 775 | 1,355 | |||||
| Property insurance | 914 | 764 | |||||
| General Travel Expenses | 1 | ||||||
| Accountancy | 800 | 800 | |||||
| Repairs &General | sunddies | 36 | 86 | ||||
| Books &Calendars | 425 | 661 | |||||
| Telephone, Fax & |
Internet | 72 | 72 | ||||
| Donations | 3,466 | ||||||
| (32,323) | (29,044) | ||||||
| Operating Profit |
4,659 | 14,791 | |||||
| Other Operating | Income | ||||||
| Government Grants |
7,600 | 1,796 | |||||
| 7,600 | 1,796 | ||||||
| Profit for the Financial | Year | 12,259 | 16,687 |