| Page | ||
|---|---|---|
| Report ofthe Trustees | 1 to | 5 |
| Independent Examiner's Report |
||
| Statement ofFinancial Activities | ||
| Balance Sheet | 8 to | 9 |
| Notes to the Financial Statements | 10 to | 18 |
| Detailed Statement ofFinancial Activities | 19 to | 20 |
| 30.9.23 | 30.9.22 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | I | 6 | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
2 | 198i862 | 5,636 | 204,498 | 200,081 |
| Cafe Income | 550 | 550 | 2,201 | ||
| Investment income |
18,919 | 18,919 | i8 | ||
| Other income | 550 | 550 | 17,016 | ||
| Total | 218,881 | 5,636 | 224,517 | 219,3]6 | |
| EKPENDITURE ON | |||||
| Raising funds | 5 | 1,668 | 1,668 | 1,980 | |
| Charitable activities |
|||||
| Charitable Activities |
91,802 | 5,447 | 97449 | 82,432 | |
| Total | 93,470 | 5,447 | 98i917 | 84412 | |
| NET INCOME | 125,411 | 189 | 125,600 | 134,904 | |
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward | 1,441,666 | 12,510 | 1,454,176 | i,319,272 | |
| TOTAL FUNDS CARRIED FORWARD | 1,567,077 | 12,699 | 1,579,776 | 1,454,176 |
| 30.9.23 | 30.9.22 | ||
|---|---|---|---|
| Notes | |||
| FIXEDASSETS | |||
| Tangible assets | 13 | 1,629,826 | 1,625,528 |
| CURRENT ASSETS | |||
| Debtors | 14 | 1,579 | 10,000 |
| Cash at bank and in hand | 86,460 | 27,009 | |
| 88,039 | 37,009 | ||
| CREDITORS | |||
| Amounts falling due within one year |
15 | (138,089) | (208,361) |
| NET CURRENT ASSETS | (50,050) | (171,352) | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 1,579,776 | 1,454,176 | |
| NET ASSETS | 1,579,776 | 1,454,176 | |
| FUNDS | 17 | ||
| Unrestricted funds: |
|||
| General fund |
1,567,077 | 1,441,666 | |
| Restricted funds: | |||
| Restricted | 12i699 | 12510 | |
| TOTAL FUNDS | 1,579,776 | 1,454,176 |
| DONATIONS AND | LE | GACIES | ||
|---|---|---|---|---|
| 30.9.23 | 30.9.22 | |||
| g | 6 | |||
| Donations | 174477 | 136,284 | ||
| Gift aid | 13,080 | 1,163 | ||
| Grants | 2,988 | |||
| Donation for Extension Project | 12,761 | 43,886 | ||
| Donation (Food Bank) | 49280 | 15,760 | ||
| 204,498 | 200,081 | |||
| Grants received, included | in the above, are as follows: | |||
| 30.9.23 | 30.9.22 | |||
| HMRC Job Retention | Scheme | 2,988 |
| 30.9.23 | 30.9.22 | ||||
|---|---|---|---|---|---|
| Fundraising | events | 550 | |||
| Shop income | 2,201 | ||||
| 550 | 2,201 | ||||
| 4. | INVESTMENT INCOME | ||||
| 30.9.23 | 30.9.22 | ||||
| f | |||||
| Rent receivable | 18,859 | ||||
| Deposit account interest | 60 | ||||
| 18,919 | 18 | ||||
| 5. | RAISING | FUNDS | |||
| Other trading activities | |||||
| 30.9.23 | 30.9.22 | ||||
| Opening stock |
1,850 | ||||
| Cleaning | 1,668 | 130 | |||
| 1,668 | 1,980 | ||||
| 6. | CHARITABLE ACTIVITIES COSTS | ||||
| Support | |||||
| Direct | costs (see | ||||
| Costs | note 7) | Totals | |||
| Charitable | Activities | 65,370 | 31,879 | 97/49 |
| 30,9,23 | 30.9.22 | ||
|---|---|---|---|
| Depreciation | - owned assets | 1,521 | 447 |
| Independent | Examiners Fees | 3,000 | 2,500 |
| 30.9.23 | 30.9.22 | |||
|---|---|---|---|---|
| Wages | and | salaries | 37,042 | 48,317 |
| 37,042 | 48,317 |
| The average monthly number ofemployees |
during the year was as follows: | |
|---|---|---|
| 30,9.23 | 30.9.22 | |
| Charitable | 4 | 4 |
| Shop | 1 | I |
| NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 30SEPTEMBER2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 30SEPTEMBER2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 30SEPTEMBER2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 30SEPTEMBER2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 30SEPTEMBER2023 |
|
|---|---|---|---|---|---|
| 11. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES 30.9.2022 | ||||
| Unrestricted | Restricted | Total | |||
| funds | fund | funds | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
184,321 | 15,760 | 200,081 | ||
| Cafe Income | 2,201 | 2,201 | |||
| Investment income |
18 | 18 | |||
| Other income | 17,016 | 17,016 | |||
| Total | 203,556 | 15,760 | 219,316 | ||
| EXPENDITURE ON | |||||
| Raising funds | 1,980 | 1,980 | |||
| Charitable activities |
|||||
| Charitable Activities |
79,182 | 3,250 | 82,432 | ||
| Total | 81,162 | 3,250 | 84,412 | ||
| NET INCOME | 122,394 | 12,510 | 134,904 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward | 1,319,272 | 1,319,272 | |||
| TOTAL FUNDS CARRKD | |||||
| FORWARD | 1,441,666 | 12,510 | 1,454,176 |
| FORTHE YEAR ENDED | 30SEPTEMBER2 | 023 | ||
|---|---|---|---|---|
| 13. | TANGIBLE FIXEDASSETS | |||
| Freehold | Plant and | |||
| property | machinery | Totals | ||
| COST | ||||
| At 1 October 2022 | 1,623,738 | 2,729 | 1,626,467 | |
| Additions | 5,$19 | 5,819 | ||
| At 30September 2023 | 1,623,738 | 8,548 | 1,632/86 | |
| DEPRECIATION | ||||
| At 1 October 2022 | 939 | 939 | ||
| Charge for year | 1,521 | 1,521 | ||
| At 30September 2023 | 2,460 | 2,460 | ||
| NET BOOKVALUE | ||||
| At 30September 2023 | 1,623,73$ | 6,088 | 1,629,826 | |
| At 30September 2022 | 1,623,738 | 1,790 | 1,625,528 | |
| 14. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 30.9.23 | 30.9.22 | |||
| Other debtors | 1,579 | 10,000 | ||
| These are short term loans to other charities. | ||||
| 15. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 30.9.23 | 30.9.22 | |||
| 5 | ||||
| Social security and other taxes |
1,089 | 2,603 | ||
| Other creditors | 758 | |||
| Loan (QH) | 134,000 | 202,500 | ||
| Accrued expenses | 3,000 | 2,500 | ||
| 138,089 | 208,361 |
| ANALYSIS | OF NET ASSETS | BETWEEN FUNDS | |||
|---|---|---|---|---|---|
| 30.9.23 | 30.9.22 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| 6 | |||||
| Fixed assets | 1,629,826 | 1,629,826 | 1,625,528 | ||
| Current assets |
75@40 | 12,699 | 88,039 | 37,009 | |
| Current liabilities |
(138,089) | (138,089) | (208,361) | ||
| 1,567,077 | 12,699 | 1,579,776 | l,454,176 | ||
| MOVEMENT IN FUNDS | |||||
| Net | |||||
| At | movement | At | |||
| l/10/22 | in funds | 30/9/23 | |||
| Unrestricted | funds | ||||
| General fund | 1,441,666 | 125,411 | 1,567,077 | ||
| Restricted funds |
|||||
| Restricted | 12,510 | 189 | 12,699 | ||
| TOTAL FUNDS | 1,454,176 | 125,600 | 1,579,776 | ||
| Net movement | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| 6 | f, | ||||
| Unrestricted | funds | ||||
| General fund |
218,881 | (93,470) | 125,411 | ||
| Restricted funds | |||||
| Restricted | 5,636 | (5,447) | 189 | ||
| TOTAL FUNDS | 2249517 | (98,917) | 125,600 |
| Comparatives | for movement in funds |
|||
|---|---|---|---|---|
| Net | ||||
| At | movement | At | ||
| I/10/21 | in funds | 30/9/22 | ||
| Unrestricted | funds | |||
| General fund | 1,319,272 | 122,394 | 1,441,666 | |
| Restricted funds | ||||
| Restricted | 12,510 | 12,510 | ||
| TOTAL FUNDS | 1,319,272 | 134,904 | 1,454,176 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 203,556 | (81,162) | 122,394 | |
| Restricted funds | ||||
| Restricted | 15,760 | (3,250) | 12,510 | |
| TOTAL FUNDS | 219,316 | (84,412) | 134,904 | |
| Analysis of | Restricted Funds as at 30th Sept 2023 | |||
| 30.9.23 | 30.9.22 | |||
| Food Bank | 11,343 | 12,510 | ||
| Zakaat | 1,356 | |||
| 12,699 | 12,510 |
| FORTHE YEAR ENDED 3 | 0SEPTEMBER2023 | ||
|---|---|---|---|
| 30.9.23 | 30.9.22 | ||
| g | |||
| INCOME AND ENDOWMENTS | |||
| Donations and | legacies | ||
| Donations | 174477 | 136,284 | |
| Gift aid | 13,080 | 1,163 | |
| Grants | 2,988 | ||
| Donation for Extension Project | 12,761 | 43,886 | |
| Donation (Food | Bank) | 4480 | 15,760 |
| 204,498 | 200,081 | ||
| Cafe Income | |||
| Fundraising events |
550 | ||
| Shop income | 2,201 | ||
| 550 | 2,201 | ||
| Investment income |
|||
| Rent receivable | 18,859 | ||
| Deposit account | interest | 60 | 18 |
| 18,919 | 18 | ||
| Other income | |||
| Fundraising Dinner |
15,031 | ||
| Tuition Fees (Tajwid Class) | 550 | 1,985 | |
| 550 | 17,016 | ||
| Total incoming | resources | 224,517 | 219,316 |
| EXPENDITURE | |||
| Other trading activities | |||
| Opening stock | 1,850 | ||
| Cleaning | 1,668 | 130 | |
| 1,668 | 1,980 | ||
| Charitable activities |
|||
| Wages | 37,042 | 48,317 | |
| Carried forward | 37,042 | 48,317 |
| FORTHE YEARENDED | 30 SEPTEMBER2023 | |
|---|---|---|
| 30.9.23 | 30.9.22 | |
| Charitable activities |
||
| Brought forward Rates and water |
37,042 929 |
48,317 950 |
| Insurance | 1,564 | 1,603 |
| Light and heat | 8,714 | |
| Telephone | 637 | 473 |
| Repairs and Maintenance Staff Training |
8,276 1,195 |
806 895 |
| Youth club activities | 19820 | |
| Water service charges | 12 | 1,375 |
| Food Bank Purchase | 5,447 | 3,250 |
| IT Software | 1,829 | 2,430 |
| Fundraising Campaign |
1,402 | 2,250 |
| Sponsorships -Madrassah Events Costs -Dragon Race |
2,500 1,195 |
|
| Plant and machinery | 1,522 | 447 |
| 65/70 | 71,510 | |
| Support costs | ||
| Management Postage and stationery Subscriptions |
16,700 943 |
566 482 |
| Space and Hall hire | 347 | |
| 17,990 | 1,048 | |
| Finance | ||
| Bank charges | 1,658 | 2,790 |
| Human resources |
||
| Consultancy Services Freelancers |
7470 | 1,801 |
| 7470 | 1,801 | |
| Governance costs |
||
| Independent Examiner's Fees Accountancy and Legal Fees |
3,000 1,961 |
2,500 2,783 |
| 4,961 | 5,283 | |
| Total resources expended | 98,917 | 84,412 |
| Net income | 125,600 | 134,904 |