RCIGISTERED CHARITY NUMBER: 1093400 Report of tlie Trustces and Unaudited fi ill41neinl Statoments for tlio Year 31 Detcml)er 2023 ror SotIl TotteRli*1m Muslim Comniunity Assoellition
Soiitli Tottenlillln M1151iin fijminiinily A5S0tliitioii Rei)Drl of tlie Trustees ror tlie Y¢pr Ended 31 Deten)ber 2023 Tl)e Irustees present tlieir report ivitl) Ilie financial staiem¢nt¥ of tlie chority for th¢ year ended 3 l Decethber 2023. The 'usleLS Iiave adopted tlie provision5 of Aecountiiis and Reporting by cli8rilic5'. Sifitemenl of Recoinincnded Practice pplicoble to eli21 rili& piEpnring Iheii. oc¢oun15 in accordance vyiih the Fiiiancial Reporting SIRnd#rd qpplieable in tlie UX< ld Republic of Irelond (FRS 102) (etTective l Jllrtllilry 2019). OBJECTIVES AND ACTIVITIEt S Objectives lin5 The Obje¢tivL of .Issocialioii are the enhancemettt of151ainic id¢ology iii aeeoi'dance ivitli Quvan aftd Aliadiili in Il)e 10¢4lity ivitl)ii) Il)e bouiids of M05qll¢. Signific'iiit activili¢5 Tlie ttssocialion'5 income rises from fees and donations. The executive Lommittee is responsible for tl)e day to day muna<Fement of Ilie financiiil aiid operi1tioniil 11)&ilters. Tl?e Inttl)uejelil committee Imeets on a reLDuliir bH51S to diseLlSS aiid revieiy tlie afFiirs of 4ssociaiion. Tlie board a150 lias an iinnual general meetii)gs iii ivhicl) members oftlie executive coinmiitee preseiit tliem5elves for Ilie re-eleetion. STRUCTURE, GOVERNANCE AND MANAGCMCNT Govorning doeunient South Tottenliam Muslim Coiwnunity Association was tablished in 2000 by constllution document ivliich sets out the aim5 and objeelive of tlie as50Ci4tion. RLfi ERCI NCC AND ADMINISTRATJVC DCTAILS Rogistered Cliarity number 1093400 Principal Mddress 152 Olinda Road London N166TP Trustees Mohamed Farooq Desai Omar Mapara Saiyed Mazhar Alias Abdul Munaf Degia Xndependcnt Exominer KALA ATKINSON Chartered Certified A¢count8nts & Statutory Auditors 43 Upton Lane London E7 9PA Pag¢ I
Soutb Tottenbuw Mugllm Conmiunlty Associitlon Report of the Tru$tees for tbc Y¥&r Ended 31 Decemb¢r 2023 REFERENCE AND ADMINISTRATIVE DETAILS EXEcufivE COMMITTEE: Chainnan Mr Al)med Patel Genernl Sccwtary Mr fuzel Dath Tre&sutor Mr Omar Mapara Conutiittee Members.. Mr Ibrnhim CJli8nchi Mr Sajid Ilakim Mr Zaknria Patba Mr Amin Pathan Mr Fuzel D4lta .r Ar&f Shaikh Approved by order of tbe board of trustees on ... Abdul Munaf Dea - Trust¢¢ Page 2
Independent Examlnei s Report to the Trustees of Sollth Tottenham Muslim Communlty Asso¢l&tlon Independ*nt ex#nthitr's report to the trllstees of Suuth TottenhRm Mv8llm Communlty Asso¢lAtIDn I report to the Lharily trustees OD my eXnItiatIOn of the accounls ofsouth Toll¢nhn Muslim Community Association (rhe Trust) for the year ¢fLded 31 D¢c¢mb¢r 2023. Respoiisibllitles bAsls of report A% Llic chArity trusLees of the Trust you are rcsponsiblc for the preparaiion of thc accounts in accordano¢ with Ihc rcquircjncnts of the Charitics Aci 2011 ('th¢ Act?. I report in respecr of n)y examiJ)ation of the Trust's accounts carried oiit under Section 145 olihe Acl llnd in cwitig out y examitiation I have followed all applicable nirectionf Eivcn by the Charity Commission undcr Section 145{51(b) of the Aci. Indepclldent Exkmiiier s statement I have completed my examtnaiion. I continn tIMt no material nlatters have comc to my attention in conncction with th examinatioll VIng Ellc cause lo believe that ill any material respect: accounting records w¢r not kept in respe¢t of th¢ Trnst as requir¢d by Section 130 of the ACL or Ibe uccounts do not accord with those records. or thc accouuts. do Eiot comply with ihc applicable rcquircwents concerning the forn) and content of accounts sel out in thc Charitics (ALLuunis llnd Rcports) Rcgulaiion8 2008 othor thttn any rUl[ell]ellt that tkn uccounts giv¢ a trne 8nd fair view wlEich is not a mattci considered as part ot an independent examination. I have no Concerns and have comc acro55 no other matters in connection with the ¢xatnination to whi¢h attention should be drdwn in this report in order to enable a proper understsllding of tbe accounts to be reocbed. alim KALA AT Chartered C & Stamto 43 Upl Lon E7 9PA FN countsnts Itors Date.. PagTe !
S'nutli Tott&tt1147m Muslliu Communlty Assoelutloii Statement or rilnnnelAI A¢livltie,s for tlie Vollr Ei ndL1131 Decomber 2023 Unreslricicd fund 31.1?.23 Tolgl fuiid5 Restricted fiind 31.12,22 Total funds INCOME AND ENDOWMEI NTS PROM Doiialio115 und legocles Notes ?4,154 24,154 21,278 Inve5111)eiil Illeoine 35.600 3),600 37,590 Totnl 59,754 59.754 58,868 XPCNDITURC ON Raisiiig f(Incls 34.771 34.771 38.415 NET INCQME 24,983 24,983 20,453 Rl¢CONCILIATION OF FUNDS Total funds brought forward 663,634 214 663,848 643,395 TOTAL FUNDS CARRIED FORWARD 688,617 214 688,831 663,848 The notes forni part of these financial statements PAOP 4
Soiitli Tottciilium IVAii¥llni ConiiiiiiMIIy Assoeliiilon 1111141nLe Slieol 31 Docembci. 2023 31.12.22 Total runds Unr¢sli'ictcd R1r]cted fund Total nds Notes IIXLD ASSETS Tuiigible Bs5els 528.743 528.743 528,754 CURRLI NT ASSETS CRSI) clt bmnk und iii liand 163,000 214 163,214 138,615 CREDITORS Amounts falling due ivitliii? one year (3.126) (3,126) {3.521) NfiT CURREI NT ASSEITS 159.874 ?14 100,088 135,094 TOTAL ASSEITS LCISS CURRCI NT LIABILITIES 688.617 ?14 688,831 663,848 NCI T ASSETS 688,617 214 688,831 663,848 FUNDS Unresiricted funds Restricleii funds 688,617 214 603,634 214 TOTAL fi UNDS 688,831 663,848 Tlie financial slatemenis were approv¢d by the Board of Trnslees and aulhorised for issue %fy.Syr-bknar.zOl4. and were signed on its belialf by., on Omar M8para- Trustee The notes form part of these financial statements PA¢J* S
S'DlltlI Tottenlinii) Musllm Comiiitilllly A¥sveiiiiion Notvs tf) tlie rtlniinLllll St:Itcmtllts for Ilie Ycur Cntloil 31 Dccomljcr 2023 OICCOUNTING POLICIEIS IIttsi5 01. prcporlng Ilic finnncilll &tJlchicnts The finttnclal 5taieineiit5 of Il)e ¢lini'iiyi ivhicli is u public b¥i)efit entity under FRS 102. Iiave beeii prepared in ccord<in¢e Ivlili il)e Cliurilies SORP (fRS 102) 'Aecoiii)liiig and Reporting by Charities.. Siolemenl or Re¢ominended Pracilce applicablL lo clioi'ilies prepariiig Ilieii. accounts in accordance iviili Ilie Financial ReportinLI StaiidKlrd llpplic%ible in IIIL. UK aiid Rei)ubli¢ uf Irel14nd (fRS 102) (efFeciive l Janiiury 2019),, rinanci#l Repoi'lil)& Staiidiii'd IQ2 'Tlie l inoneiil ReporlinL Siandllrd applicttble in the UK lliid Republic of Ireland, uii(I Ihe Cliai'ilies Acl 2011. Tl)e tiniillci¢il 31clleiiieiTrr8 Iillve becn prepllred linder tlie Iiisloricil Cost eonvention. Incgine All iiic'oinc is iecogi)ist(l ii) rlie Sioteiiieiil ol. fiiii¢ Ilcidl Activities oiice tlie c17arily has entiilemeiii lo Ilie nds, 11 is probclble Ilial Ilie iiicoine ivill be r¢¢¥ived niid Ilie ainouni cuii be measured reliably. i Yiicndiliire Liabilities are recogiiised as expenditui'e as soon as their is a Icgol or constructive obligation coininilting the chnrity to that eypendiiure, il is probable Iliai o Iransfer of economic benefits ivill be required in seiilemeni and tlie amount of th¢ obligation CiL n be nieasvred lIablY. Expenditure is accounted for on an aceruals basis Dnd has been classified und¢r Iicadings iliat 7¢ ftgregate oll cost reloled to the category. Wliere costs nn0[ be directly atti'ibuted lo particular l)eadii)rrs tliey 11lVL been allocated to aciivities on a basis eonsi51ent iviili the us¢ of resoui'ces. ngible fjxed Yssets Depreciation 1$ provided at the followinn annual rates in order to write off each asset over its esliinaied useful life. Fixiure and fittings 250/0 on reducinrp balance T4xiition Tli¢ charity is exempl from tax on ils charitoble aclivilies. Unrestricted funds ean be used in accordance with the charitable objeetives at the discretion of the trusiees. Restricted funds ¢&n only b¢ used for particul<ir restricted purp05e5 within the objects of the charity. Re51riclions arise when specified by Ihe donor or when funds are raised for particular restricled puTroses. Further explanaiion of the nature and purpose of ea¢li fund is ineluded in ihe notes to the financial Slatem¢nls. Pension costs ad other post-retlrement benefits The charity operdtes a defined conlribuiion pensior] scheme. Contributions payable to the ci)ariWs pension scheme are tharEed to th¢ Stydtement of FinanciAI Aelivitr&* tn the period to which they relate. Page 6 continued..,
Soiitli Tottenhiiiii Mitr$liiii Coiiiiiiuiilty A¥soclntion Notcs to tlie FlnnJiel#l Stntoniettt5- contlnue fnr the Y¢nr nd¢d 31 Deceniber 2023 INVESTMLI NT INCOM 31.12.23 31.12.22 R¢nts rt¢eiv¢d 35,600 37,590 RAISING FUNDS Rllising dTrnotions legsjcies 31.12.23 31.1?.22 Staff costs Rates Instsraii¢e Ligl)t 8nd Ii¢al Sundries Watei. Rates RepAif ¢lnd J)iuintenance Depreciolion Support costs ?0,939 4,337 23,430 6,112 2.538 2,352 842 4¥2 3,915 1,1?9 538 469 15 137 64 34.771 38,415 TRUSTEES, RCi¥qUNERATRON AND LIENEFITS Tliere w¢re no Irusle¢s' remuneration or other benefits for tli¢ year ended 31 December 2023 nor for the year ended 31 December 2022. Tru5tee5' expenses There were no truslees, expense$ paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. TANGIBLE FIXED ASSETS Improvemenr5 to property Flxtures and fittings Freehold property Tolals COST Al l January 2023 and 31 December 2023 447,688 81,021 920 529,629 DEPRECIATION At l January 2023 Charge for year 875 67J At 31 Deeember 2023 886 886 NET BOOK VALUE At 31 December 2023 447.688 81,021 34 528,743 At 31 December 2022 447.688 81.021 45 528,754 Page 7 eontinued...
Svutli Tvttenliani Muslini Comniiillliy AbSOLliillon Not¢$ to tlic fi InJnL'iuI &itiilcn)ont5- L'OlItIuiiL for tlio Yo:Ir Ei ttilcil 31 DoLeiiibor 2023 CREDITORS., AMOUNTS fiALLING DUE WITHIN ONE YCIAR 31.12.23 31,12.22 Olhei. loans (see noi¢ 7) Socilll securiiy Dnd oil)er taxe5 Deposii held 1,050 676 1,400 1,050 1,071 1,400 3,1?6 3.521 LOANS An analysis oFtlie maliirily of Ioillls 15 biiven beloiv.. 31.12?3 31.12.22 Amouiits f&lling due ¥vithii) one year 011 dem<ind: Interest free loon 1,050 1,050 MOVCMENT IN FUNDS Net ovemenl in funds Ai 31.12.23 At 1.1.23 Unrestrloted funds General fund 663,634 24,983 688.617 Restricted funds Restricted Funds 214 214 TOTAL fi UNDS 663,848 24,983 688,831 Net movemeDI in funds, included in Il)e above are a$ folloiv5'. Incoming resourees Resources expended Mov¢rnenl in funds Unr¢strlct¢tl funds G¢nerdl fund 59,754 (34,771) 24.983 TOTAL FUNDS 59,754 (34,771) 24,983 Page 8 continued...
Solltli 'fottenhiiin Muslitt) Ci>iiimunll}' A.%50CltttIott Notc5 to tlie Fln4iicliil StnteiiieTri15 - eontliiuc(I ro?. Ili¢ Yeiir Ended 31 Dt¢¢mbEI' 2V23 MOVCMEI NT IN FUNDS- eoiitlniiod Compllriillves for niov¢meht in fitnd5 Nel moveill¢iii in fund5 At 1.1.22 31.12.22 Unrestricted fund5 Qeneral fund 643,181 20.453 663,634 Restricleil fitnds Restricted Fund5 214 214 TOTAL FUNT)S 643,395 663,848 Comparative nei moveinenl ii) fund5, included in the above qlre lls folloii's: Iiicoining resources Resources expended Moveilleni in funds Unrestricted funds Genernl fund 58,868 (38.415) 20,453 TOTAL FUNDS 58,868 (38,415) 20,453 A ¢urrent year12 months and prIOrar12 months combined position is as follows., Nei movement in ndS Ai 31.12.23 At 1.1.22 Unrestricted funds General fund 643,181 45,436 688,617 R¢s(ri¢ted thnds Restricted Funds 214 214 TOTAL FUNDS 643,393 45.436 688,83 T A current year 12 monlhs and prior year 12 month5 combined net movement in nds, included in Ihe above are 8s follows.. Incoming Resources expended Movement in funds resources Unrestricted funds General fund 118,622 (73,186) 45,436 TOTAL FUNtps 118,022 (73,180) 45,436 Page 9 continued...
Suiitli Totteiili*iiil Miiylliii Ci>mniiiNIty AssoLlntloh Notes to Ilie filnilncllll Stnltmonli - eontlmur ror tlie Yekir Ci nded 31 Deeeiilber 2023 RELATCD PARTY DISCLOSURES Tliere iYeiL' no relllied Piirty tr41)5aClions for Ilie year eiidL(131 Deceinber 2023. Page 10
Soiitli 'fotti'nli4M Musliiii Cniiiiiiuiiily AsFvci¢l1io Detiiilttl St4tenicnt of finiin¢iJl A¢tlvillo.% for tlie Yoar Ei nd¢tl 31 De¢¢mbcr 2023 31.12.23 31.12,22 INCOME AND ENDOWMENTS DOntionS iilld legiiclos Donations 24,154 21,278 Investment Income Rents received 35.600 37,590 Tot'il inconiiiig resoiire¢s 59,754 58,868 EXPENDITURC Rllising doniltions Icguc1¢5 Pensions Il4les Insurance Ligllt and heol Sundries Water Rates Repaii. and mainteiiqnce Fixture5 and fEttings 20,428 22.957 4,337 3.369 3,915 1.129 i38 469 6,112 2,352 842 482 2.507 15 34,707 38,278 Support costs FiRllnee Bank charg¢9 64 137 Total resources expended 34,771 38,415 Net incomt 24,983 20,453 This pRge does not forn) part of the statutory financi81 statements Page 11
Soiitli Tottcnlinm Miislliii eoiiiiniiiilty A¥&vL141tlon Content5 oftlio fi in4ncinl Stntcmeiits for tlie Yoiir Ended 31 Deccmber 2023 Pnge Rei)Dl't of tlie TrDstot5 Independent Ci xllniiRor's Report St.?tement of Finaneilll Activities Bolanec Slieet Notos to tlie fin.icinl Sii2tements 6 10 10 Dettiilcd Statcment of FinJnciMI Actlvitios