Registered Number:04179877 England and Wales Al-Falah Braintree Islamic Centre Limited Report of the Directors and Unaudited Financial Statements For the year ended 31 March 2024 Al-Falah Braintree Islamic Centre Limited Contents Page For the year ended 31 March 2024 |Company Information|1| |---|---| |Directors' Report|2| |Chartered Accountants' Report|3| |Income Statement|4| |Statement of Financial Position|5| |Notes to the Financial Statements|6| |Trading and Profit and Loss Account|7| Al-Falah Braintree Islamic Centre Limited Company Information For the year ended 31 March 2024 ## **Director** Mr Hakeem Allison Mr Abdun Noor Mr Asif Mohammed Malek (appointed on 1 April 2022) Mr Mohammed Ajmal Gulam Rasul Mirza Mr Muhammed Ishaq Khan (appointed on 1 April 2022) Mr Abdul Gafoor Shaikh (Resigned on 1 April 2022) Mr Halimur Rashid (Resigned on 1 April 2022) Mr Sikandar Naveed Sleemy **Company Secretary** Mr Sikandar Naveed Sleemy **Registered Number** 04179877 **Registered Office** 28 Silks Way Braintree Essex CM7 3GB **Accountants** EMA Squared 110 High Street Earls Colne Nr. Colchester Essex CO6 2QX 1 of 7 ## Al-Falah Braintree Islamic Centre Limited Directors' Report ## For the year ended 31 March 2024 The directors present their report and financial statements for the year ended 31 March 2024. ## **Principal activities** The principal activity of the company continued to be that of a Charitable Islamic Centre ## **Directors** The directors who served the company throughout the year were as follows: Mr Hakeem Allison Mr Abdun Noor Mr Asif Mohammed Malek (appointed on 1 April 2022) Mr Mohammed Ajmal Gulam Rasul Mirza Mr Muhammed Ishaq Khan (appointed on 1 April 2022) Mr Abdul Gafoor Shaikh (Resigned on 1 April 2022) Mr Halimur Rashid (Resigned on 1 April 2022) Mr Sikandar Naveed Sleemy This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Signed on behalf of the board of directors Mr Abdun Noor Director Date: 18 July 2024 2 of 7 ## Al-Falah Braintree Islamic Centre Limited Chartered Accountants' Report ## For the year ended 31 March 2024 ## **Chartered Accountants' report to the Directors on the preparation of the unaudited statutory accounts of Al-Falah Braintree Islamic Centre Limited for the year ended 31 March 2024** In order to assist you to fulfil your duties, we have prepared for your approval the accounts of Al-Falah Braintree Islamic Centre Limited for the year ended 31 March 2024 which comprise the Income Statment and Statement of Financial Position from the schemes accounting records and from information and explanations you have given us. As a practising firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Directors of Al-Falah Braintree Islamic Centre Limited, as a body, in accordance with the terms of our engagement letter dated 12 April 2017. Our work has been undertaken solely to prepare for your approval the accounts of Al-Falah Braintree Islamic Centre Limited and state those matters that we have agreed to state to the Board of Directors of Al-Falah Braintree Islamic Centre Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Al-Falah Braintree Islamic Centre Limited and its Trustees as a body for our work or for this report. It is your duty to ensure that Al-Falah Braintree Islamic Centre Limited has kept adequate accounting records to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Al-Falah Braintree Islamic Centre Limited. You consider that Al-Falah Braintree Islamic Centre Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Al-Falah Braintree Islamic Centre Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. EMA Squared 110 High Street Earls Colne Nr. Colchester Essex CO6 2QX Date: 18 July 2024 3 of 7 ## Al-Falah Braintree Islamic Centre Limited Income Statement For the year ended 31 March 2024 |**Turnover**
Cost of sales
**Gross profit**
Administrative expenses
**Operating profit**
**Profit before taxation**
**Profit for the financial year**|**2024**
**£**
190,175
)
(8,750
**181,425**
)
(70,095
**111,330**
**111,330**
**111,330**|**2023**
**£**
271,678
)
(7,875| |---|---|---| |||**263,803**
)
(53,568| |||**210,235**| |||**210,235**
**210,235**| 4 of 7 Registered Number : 04179877 ## Al-Falah Braintree Islamic Centre Limited ## Statement of Financial Position As at 31 March 2024 |**Notes**
**Fixed assets**
Property, plant and equipment
2
**Current assets**
Cash and cash equivalents
**Trade and other payables: amounts falling due within one year**
3
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Capital and reserves**
Retained earnings
**Members' Funds**|**£**
**2024**
398,655
**398,655**
89,807
**89,807**
)
(1,787
**88,020**
**486,675**
**486,675**
486,675
**486,675**|**£**
**2023**
257,671| |---|---|---| |||**257,671**
120,130| |||**120,130**
)
(2,456
**117,674**
**375,345**
**375,345**
375,345
**375,345**| For the year ended 31 March 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 The directors acknowledge their responsibilities for: - a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and - b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. These financial statements were approved and authorised for issue by the Board on 18 July 2024 and were signed by: Mr Hakeem Allison Director The notes form part of these financial statements 5 of 7 ## Al-Falah Braintree Islamic Centre Limited Notes to the Financial Statements ## For the year ended 31 March 2024 ## **Statutory Information** Al-Falah Braintree Islamic Centre Limited is a private limited company, limited by guarantee, domiciled in England and Wales, registration number 04179877. Registered address: 28 Silks Way Braintree Essex CM7 3GB The presentation currency is £ sterling. ## **1. Accounting policies** ## **Basis of preparing the financial statements** These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. ## **2. Property, plant and equipment** |**Cost or valuation**
At 01 April 2023
Additions
At 31 March 2024
**Provision for depreciation and impairment**
At 01 April 2023
At 31 March 2024
At 31 March 2024
**Net book value**
At 31 March 2023|**Land and**
**Buildings**
**£**
257,671
140,984
**398,655**
-
**-**
**398,655**
**257,671**|**Plant and**
**Machinery**
**£**
3,474
-
**3,474**
3,474
**3,474**
**-**
**-**|**Total**
**£**
261,145
140,984
**402,129**
3,474
**3,474**
**398,655**| |---|---|---|---| ||||**257,671**| ## **3. Trade and other payables: amounts falling due within one year** |Trade creditors
Taxation and social security
Other creditors|**2024**
**£**
1
1,082
704
**1,787**|**2023**
**£**
1
1,159
1,296
**2,456**| |---|---|---| ## **4. Average number of persons employed** During the year the average number of employees was 0 (2023 : 1) 6 of 7 ## Al-Falah Braintree Islamic Centre Limited Trading and Profit and Loss Account For the year ended 31 March 2024 |**Turnover**
Donations
Gift Aid
Madrassa Fees
**Cost of Sales**
Sub Contractors - Madrassa Teacher Fee
**Gross Profit**
**Administrative Expenses**
Wages & Salaries
Pension Contributions
Legal and Professional fees (allowable)
Rates & Water
Rent
Light, Heat & Power
Property Insurance
Other Premises Costs
General Travel Expenses
Bank Charges
Accountancy
Advertising
Entertainment
Books & Calendars
Telephone, Fax & Internet
Gifts
Donations
**Operating Profit**
**Profit for the Financial Year**|**2024**
8,750
28,000
652
804
1,162
6,450
3,617
2,336
2,618
1
173
669
2,124
3,303
1,085
78
-
17,023|**£**
205,475
-
)
(15,300
**190,175**
**)**
**(8,750**
**181,425**
**)**
**(70,095**
**111,330**
**111,330**|**2023**
7,875
23,000
503
683
297
7,350
2,224
979
730
-
-
800
343
2,000
131
74
500
13,954|**£**
251,264
2,614
17,800
**271,678**
**)**
**(7,875**| |---|---|---|---|---| |||||**263,803**
**)**
**(53,568**| |||||**210,235**
**210,235**| 7 of 7 This page does not form part of the statutory financial statements