| Note | Unrestricted f |
Restricted 6 |
Total 6 |
2019f | |||
|---|---|---|---|---|---|---|---|
| INCOMING RESOURCES |
|||||||
| Incoming resources from generated Donations Legacies and Grants |
funds | 284,915 | 284,915 | 286,254 | |||
| Activities for generating funds - Event income |
43,120 | 43,120 | 37,341 | ||||
| Bank Interest | |||||||
| Total incoming Resources |
328,046 | 0 | 328,046 | 323,595 | |||
| RESOURCES EXPENDED | |||||||
| Cost of Generating Funds |
15,983 | 0 | 15,983 | 22,047 | |||
| Charitable Expenditure —Costs ofthe Charity's - Governance Costs |
activities | 43,698 91,237 |
43,698 91,237 |
19,333 74,616 |
|||
| Outgoing Resources Net Incoming (-Outgoing) |
Resources before Transfers | 150,918 ~177128 |
0 0 |
150,918 177,128 |
115,996 207,599 |
||
| Transfers between funds |
12 | -175,536 | 175,536 | ||||
| Net incoming (-Outgoing) Resources before other recognised gains or losses |
1,592 | 175,536 | 177,128 | 207,599 | |||
| Unrealised Gains on Fixed |
Assets for Charity's | ||||||
| own use | |||||||
| Net Movement In Funds |
1,592 | 175,536 | 177,128 | 207599 | |||
| Balances carried forward at 18th September |
2019 | 24,402 | 975,259 | 999,661 | 792,062 | ||
| Balances carried forward at 17th September 2020 | 25,994 | 1,150,795 | 1,176,789 | 999,661 |
| No 1086228 | ||||||
|---|---|---|---|---|---|---|
| BALANCE SHEET AS AT | 17th September | 2020 | ||||
| Note | 2020 6 |
2019f | ||||
| FIXEDASSETS | ||||||
| Tangible Assets | 1,418,334 | 1,244, 717 | ||||
| CURRENT ASSETS | ||||||
| Debtors and Prepaid expenses | 0 | |||||
| Cash at bank and | in hand | 64,152 | 64,152 | 9,356 | ||
| 64,152 | 9,356 | |||||
| CURRENT LIABILITIES | ||||||
| Creditors Amounts |
falhng due within | |||||
| one year | 10 | 54,697 | 16,412 | |||
| NET CURRENT ASSETS | 9,455 | -7,056 | ||||
| Creditors; Amounts |
falling due after | |||||
| one year | 251,000 | 238,000 | ||||
| NET ASSETS | 1,176,789 | 999,661 | ||||
| FUNDS | ||||||
| Unrestricted funds |
25,994 | 24,402 | ||||
| Restricted funds |
1,150,795 | 975259 | ||||
| 999661 | ||||||
| Trustee 8 director | Gatib Khan | 28 May 2021 | ||||
| Trustee 8 director | Farhad Ahmed | 28 May 2021 |
| Abdullah C)uilliam Society No 1066226 NOTES TO THE FINANCIAL STATEIUIENTS for the year ended 17th September 2020 |
|||||
|---|---|---|---|---|---|
| 1.ACCOUNTING POLICIES |
|||||
| (a) Accounting basis and standards |
|||||
| These accounts have been prepared under the historical cost convention |
with items recognised | ||||
| at cost or transacdon value unless otherwise stated m the |
relevant notes |
to the accounts. | |||
| The accounts have been prepared in accordance with |
|||||
| The statement of Recommended Practice AccounUng and |
Reporting | by | Chanties | prepanng | their |
| accounts in accordance with the Finanoal Reporting Standard appgcable |
m the UK and Republic | ||||
| of Ireland (FRS102). | |||||
| The financial ReporUng Standard applicable in the united |
Kingdom and |
Repubtk | of Ireland | (FRS102 | |
| and with the CharlUes Act 2011. | |||||
| The finandal statements are presented in sterling, which is the functional |
currency | ofthe company, | |||
| rounded to the nearest 61. |
|||||
| (b) Grants and Donations etc. |
|||||
| Monies are accounted for when the resources are receivable or when |
the charity's | ||||
| entiUement is legally enforceable Shouhf a donor impose |
restricts | as | to the uming ofthe | ||
| related expenditure then the donaUon is nol induded unUI |
the expenditure | is meL | |||
| (c) Gifts | |||||
| The charify does not finandagy account for gifts of time by |
volunteers | Should there be any | material | ||
| tangible gifts then they wgl be accounted for at valuation Quantiflabe |
goods or services donated | ||||
| are shovm as the equivalent value ofthe expenditure and |
correspondmg | donated | income. | ||
| Gift aid and the associated tax recoveries are accounted for on receipt ofthe gih |
|||||
| (e) Expenditure | |||||
| Directly attnbulable expenditure is charged either to direct |
charitable | expendhure | or management | ||
| and administration as appropnate It is accounted for on the accruals |
basis | ||||
| (f) Fund Accounting | |||||
| Restncted funds are those to be used for specac purposes |
directed | by the donor. | Expenditure | ||
| for those purposes is charged to the fund, together with a |
fair allowance | for overheads. | |||
| unrestricted funds are those which may be used on the general ob)ecUves ofthe |
chanty. | ||||
| 2. INCOME | |||||
| Income is shown on page 6as "Incoming resources", ag income Is reported |
gross. |
| Notes to the | Financial Statement | Financial Statement | Financial Statement | s | ||||
|---|---|---|---|---|---|---|---|---|
| for the year ended | 17th September 2020 | unrestricted | Restricted | 2020 All Funds |
2019 | |||
| Funds 6 |
Funds f |
Total E |
Totalf | |||||
| 3. DONATIONS LEGACIES &GRANTS |
||||||||
| Donations | 180,908 | 180,908 | 196,546 | |||||
| Mosque Donations |
37,608 | 37,608 | 68,005 | |||||
| Main/Covid Grant |
24,950 | 24,950 | ||||||
| HMRC Furlough | 9,115 | 9,115 | ||||||
| Gift Aid | 32,334 | 32,334 | 21,703 | |||||
| 284,915 | 0 | 286,254 | ||||||
| 4. INCOMING RESOURCES |
||||||||
| Rent | 43,120 | 43,120 | 37,341 | |||||
| Fundraising | 0 | 0 | ||||||
| 43,120 | 43,120 | 37,341 | ||||||
| 5.COST OF GENERATING | FUNDS | |||||||
| Fundraising Costs |
0 | 0 | 8,370 | |||||
| Cleaners | 3,711 | 3,711 | 2,703 | |||||
| Advertising | 10,541 | 10,541 | 10,948 | |||||
| Travel | 1,730 | 1,730 | 28 | |||||
| Volunteer Expenses |
1 ~15983 |
0 | 1 15,983 |
-2 22,047 |
||||
| COSTS OF THE CHARITY: | ||||||||
| 6.CHARITABLE EXPENDITURE | ||||||||
| Ramadan and othe |
charitable | costs | 24,910 | 24,910 | 10,775 | |||
| Services Imams etc | 5,946 | 5,946 | 3,670 | |||||
| Mosque consumables | 8,970 | 8,970 | 962 | |||||
| Donations | 3,872 | 3,872 | 50 | |||||
| Education Expenses |
and ESFTraining | 0 | 0 | 3,876 | ||||
| 43,698 | 19,333 | |||||||
| 7 GOVERNANCE | COSTS | |||||||
| ( MANAGEMENT | AND ADMINISTRATION) | |||||||
| Project Management | costs | 4 | 4 | 2,882 | ||||
| Salaries | 24,092 | 24,092 | 19,389 | |||||
| Honoraria | 4,344 | 4,344 | 13,450 | |||||
| Depreciation | 2,919 | 2,919 | 3,434 | |||||
| Postage, Printing &Stationery |
0 | 0 | 720 | |||||
| Communications | 6,844 | 6,844 | 878 | |||||
| Light & Heat | 33,203 | 33,203 | 18,101 | |||||
| Other utilities | 0 | 0 | 0 | |||||
| Other Training | 850 | 850 | 0 | |||||
| Insurance | 1,795 | 1,795 | 558 | |||||
| Repairs &equipment | renewals | 868 | 868 | 0 | ||||
| Professional Fees |
10,720 | 10,720 | 10,800 | |||||
| Bank Charges | 1,818 | 1,818 | 804 | |||||
| Examination and Gift |
Aid Claim Fees | 3,780 | 3,780 | 3,600 | ||||
| 91,237 | 0 | 1,23 |
| 8. TANGIBLE FIX | DASSET | S | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| I 1am | Total | 2019 | ||||||||||
| Centre | ~EI t. | 17th September | 2020 | |||||||||
| Net book value | Restricted | Unrestricted | ||||||||||
| As at 18th September 2016 | 1,225,259 | 19,458 | 1,244,717 | 1,027,319 | ||||||||
| Additions in Year Building 8-10 |
124,155 | 0 | 124,155 | 204,519 | ||||||||
| Additions in Year Building 1-7 |
52,381 | 52,381 | 16,312 | |||||||||
| Depredation for the |
year | 0 | 2,919 | 2,919 | 3,434 | |||||||
| As at 17th September 2017 | 1,401 795 | 16,539 | 1,418,334 | 1,244,717 | ||||||||
| Depremation is charged at15% pa on the written |
down | value of equipment. | ||||||||||
| unrestricted | Restricted | Total Funds | ||||||||||
| 9 DEBTORS |
Funds | Funds | 17th September | 2020 | 2020 | |||||||
| Prepaid insurance |
and Web domain | |||||||||||
| Other Debtors | ||||||||||||
| 10. CREDITORS: | Amounts | falling due within one | year | unrestricted | Restricted | Total Funds | ||||||
| Funds | Fulirla | 17th September | 2020 | 2019 | ||||||||
| Trade Creditors | 0 | 0 | 0 | |||||||||
| Taxation, National |
Insurance | and Pensions | 247 | 247 | 92 | |||||||
| Other Creditors | 54,450 | 54,450 | 4,320 | |||||||||
| Loan —Euro Quality |
Charitable | Trust | Repayable | 1 | Yr | 0 | 0 | 12,000 | ||||
| 54,697 | 0 | 54,697 | 16,412 | |||||||||
| 11. CREDITORS | Amounts | falling due after one year | Unrestricted | Restricted | TotalFunds | |||||||
| Funds | Funds | 17th September | 2020 | 2019 | ||||||||
| Loans —General |
88,000 | 88,000 | 88,000 | |||||||||
| Loan —Euro Quality |
Charitable | Trust | 163,000 | 163,000 | 150,000 | |||||||
| 251,000 | ||||||||||||
| 12 RESTRICTED | FUNDS ANALYSIS | |||||||||||
| There is one restricted fund; |
the Mosque itself. | |||||||||||
| The Buildings have |
been transferred | to a restricted | fund at cost of | 1,401,795 | ||||||||
| Less the associated | loans | -251,000 | ||||||||||
| 1,150,795 |