THURROCK ISLAMIC EDUCATION AND CULTURAL ASSOCIATION Charity RegtratIoll l¥umber 1088656 REPORT AND FNANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 REPORTING ACCOUNTANTS: SHEtKH AND CO Bow Business Centre 153-159 Bow Road Li)ndon E3 2SE TEL: 020 3514 8993
THURROCK ISLAMtC EDUCATION AND CULTURAL ASSOCIATION FOR THE YEAR ENDED 31 AUGUST 2025 Fi4NAGEMENf COMMITIEE CHAIR PERSON Lemon Uddin Cbowdhury GENERAL SECRETARY Helal Ali TREASURER Mohammad Abdul Kalam Azad ADDRESS Parkway Centre, Park Road Grays Essex RM17 6RB BANKER HSBC BANK INDEPENDENT EXAMfNER SHEIKH AND CO Bow Business Centre 153-159 Bow road London E3 2SE TEL: 020 3514 8993 Ch ri Tru Lemon Uddin Chowdhury Helal Ali Chairnwi Srfretary Mohummad Abdul Kalam A7ad Treasurer Helal Uddin Montr Ali Execitive member Siraj ali Exccitive member Sirajul islam Execitive member Execitive member
TEtURROCK ISLAMtC EDUCATION AIYD CULTURAL ASSOCIATION FOR THE YEAR ENDED 31 AUGUST 2025 CONTENTS Page5 Infomiation of financial Statements Report of the Executive Committ Statement of responsibilities of the Committee: Independent Examinevs Report tncome and Expenditure Accounts Statement of Assets and LiabÈlities Notes to the ACUnts
TltttRROCK ISLAMIC EDUCATION AND CULTURAL ASSOCIATION REPORT OF THE EXECLrrivE COMMrrrEE FOR THE YEAR ENDED 31 AUGUST 2025 'I'he lrnstees present their report and tinan¢iaJ statements tor the Y ended 31 August 2025 The Trustees have adopted the provisio% of the Statement of Recommended Prdctice (SORP) Accounting and Reporting by Charities issud in 2005 tn preparing the annual report and financial statements of the Charity. Legal Status.. Charity: Registered with the Charity Commission, Charity Number:1088656 Objects, Principal A¢tfvitie8 and OrganKsation of the Chvdrity The Charity was established with aims & objectives as follows: The objects of the charity is to provide educational and cultural facilities to the young and adults muslims of Grays and its SUTroundings.To meet these objectives the charity seeks charitable donations and 8rants from the public at general and other institutions. The charity is organised with a MmIttee (Board of Trustees) elected by the members to oversee the overall activities and one of the committee member is nominated as chairperg)n. to monitor the day to day running of the charity. Organlsatlon: A Management Committee, the members of whtch are trustees manages the affairs of the charity. The Management Committee manages the business of the charity including the paying of all expenses. Trustees: Trustees, who are all members of the executive committe< and who sep4ed during the year are set out on page 3. The trustees are elected At the Annual &n¢ral Mceilng, for rnembership of the Executive Committee and serve until the end of the next Annual Genernl Meetin& where they can sland for re- election as member5 of the new Executive Committee. AetivIti aod Achievements: During the year, the charity conntinued to collect dOnlonS from the members of public well as Friday jummah collection. There are continuous commilment from the users and members to SUPPOrt the ¢harity's activities. The charity also provide social welfarq educational and worship facilities and the number of users are in¢reasing every year. Review of Transactions and Finaneial PItion. With the commilmentss indicated above, the financial position of the charity is very secure with net fund of 556.150 as at 31 August 2025.
Independent EMIner'S RetKJrt to the Trnstees or THURROCK ISLAMtC EDUCATION AND CULTURAL ASSOCIATION We report on the a¢counts for the year ended 31 August 2025 set out on pages 7 to 9 which have been prepared under the historical cost convention and the ac¢ounting policies set out in note I to the f&nancia] statements. Respective Reyponsibilities of Trnstees and Accountants As described on page 5 the trustees are responsible for the preparation of the financial statemenls, and they Consider that the trust is exempt from an audit. It is our resFK>nsibility to carry out proCedUS designed to enable us to repK)rt our opinion to you. Basi8 of Opillion We conducted our work in accordance with the Statement of Sthndards for Reporting Accountsnts, and so our procedures Consied of comparing the accounts with the accounting records kept by the charity, and makin8 such limited enquiries of the trustees and officers &$ we considered necessary for the purpose of this report. These procedures provide only the assurance expressed in our opinion. Opinio In our opinion: (a) The accounts are in agreement with the &countin8 records kept by the charity under the requiremcnts of the Statement of Remmended Practice- Accounting and Reporting by Charities. (b) Having regard only to, and on the basis of, the inforniation contsined in those accounts: (l) The accounts have been drawn up in a manner consi*nt with the accounting requirements specified the Statement of Recommended Practi¢¢- Accounting and Reporting by Charities, and (2) The charity satisfied the conditions fnr the exemptton from an audit of the accounts for the year specified in the Charities Act. SHEiKH AND CO Bow Business Centre 153-159 Bow road London E3 2SE Date.. 2110512026
TItURROCK ISLAMIC EDUCATION AND CULTURAL ASSOCIATION INCOME AND EXPENDITURE Accouwr FOR THE YEAR ENDED 31 AUGUST 2025 2025 Totsl Unrestricted Restricted 2024 Tota] Receipts Friday Collection & Others 68.116 TOTAL INCOME 163,109 68.116 RESOURCES EXPENDED 163,109 Staff costs Ratss Insurance Gas & electricity Accountancy fees Telephone Legal and professional Donation Bank charges Prtnting & Stationery Repairs & Renewals Website design Equipment hire Deprecialion 21,750 17,400 5,717 1,021 4,518 s 649 4,058 400 1,714 ,977 4,019 697 370 2,659 2,200 654 4,662 788 1,836 3,823 TOTAL EXPENSES 34,885 46,527 NET INCOME OVER THE EXPENDITURE FOR THE YEAR Funds b/f Loan Reversed Total funds 33231 116,582 472,919 50,000 556,150 356 J37 472,919
THURROCK ISLAMIC EDUCATION AND CULTITRAL ASSOCIATION TA TEMENT OF ASSETS AND LIABILITIES AS AT 31 March 2025 Fixed Aets NOTES 2025 2024 Land and building 8dd..Improv¢ment to building Fixture, fittikngs and equipment 488,126 488,126 17.415 505,541 21.238 509,364 Current Assets Cash at Bank & in Hand 67,839 53.546 Current Li8bilAtRe8 Amount falling due in one year 67.839 53,546 17,230 39,991 NET CURRENT ASSETS / (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES Creditors: Amount falling due rn0 than one year Total Assets 50.609 13,555 556,150 522.919 50,000 472.919 556,150 Fund8 Unrestricled funds 556,150 Totsl Fund8 472,919 556,150 472,919 Lemon ljddin Chowdhury Chairman Date: 2110512026 Helal Ali General Secretary Datc:21105/2026
THURROCK ISLAMIC EDUCATION AND CULTURAL ASSOCIATION FOR THE YEAR ENDED 31 AUGUST 2025 STATEMENTS OF RESPONSIBILITIES OF THE EXECU7JVE COMMITTEE JAW application to chanties in England & Wales require the Lommittee to Prepa tinancial statements tor each financial year that give a true and fair view of the charltys fmancial activities during the year of its financial position preparing end of the year. In fuwicial statements, the Committee is required to: A) B) c) Select suitable accounting policies and apply them consistently; Make judgments and estimates that are reasonable and prudent. State whether applicable accounting standards and statements of recommended prncti¢e have been followed, subject to any departures disclosed and explained in the financial statements. Prepare the financial statements on a goin8 concern basis unless it is inappropriate to presume that the charity will continue in operation. D) The Executive Committee is responsible for keeping UntIng records which re&8onable atturacy at any time the financial position of the charity and enable them to ensure that the finan¢ial statsments comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking re&sonable steps for the prevention 8nd detection of fraud and other irregularities . INDEPENDENT EXAMINER According to the provisions of the Charities Act 1993 . the Committee has agreed that and audit is not required for this financial year . However due to provision of the same act an independent ekgminer is required . Transaction and fiDAnclal po$itlon The Statement of Financial Activities shows net surplus for the year of £33231 and our accumu18ted fijndslliability stand at £556,150 in surplus iotal. SHEIKH & CO carried out an independent examination of the accounts included in the report. This report, which h&s been prepared in aCrdanCe with the Statement of Recommended Practi (SORP) A¢counting and Reportin8 by Charities issued in 2005. Approved by tbe trn$teeJ and signed on its bebaif by This report was approved by the Executive Committee on 21 May 2026 and signed on their behalf. Lemon Uddin Chowdhury {Chairnian) Date: 2110512026 Helal Ali (General Secretary) Date: 21105r2026
THURROCK ISLAfvllC EDUCATION AND CULTURAL ASSOCtATION FOR ThE YEAR ENDED 31 AUGUST 2025 NOTES TO THE ACCOUM3 ACCOUNTING POLICIES The financial statements have been compiled An accordance with the general directions given by the Charity commi&sion and with the Statements of recommended Practice. Basis of Accounting The accounts have been prepared under the historical c4)st convention of accounting. b. Grants Revenue grants are credited to th¢ Income and Expenditure acix)unt on a CeiVable basis. Donations Donation are recorded on a receipt basis. 2. CURRENT LIABILITIES Apnounlfoiling due wiihin orteyettr PAYE Accountancy Accruals 2025 2024 550 21M) 16.480 17,230 550 400 39,041 39,991 3.Amount f211ing due more than on¢ year Loan from others 50,000 50.000 4.Tru8teos Remuneration . None of the trustees were remunerateil