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2021-03-31-accounts

CONTENTS CONTENTS
Trustees
Annual
Report
Independent
Auditor's		 report
Statement of Financial Activities
Balance sheet
Notes to the Financial Statements

Unrestricted Total unds Total Funds
Funds 2021 2020
Note
INCOMK FROM
Investment
Income		 281,187 1,187 297,671
TOTAL INCOME 281,187 81,187 297,671
EXPENDITURE ON
Raising Funds:
Investment
management		 costs 4 (83,010) 3,010) (82,086)
Charitable
Activities		 5/6 (62,177) 2,177) (143,469)
TOTAL EXPENDITURE (145,187) 5,187) (225,555)
NKT INCOME FOR THE
YEAR 7 136,000 36,000 72,116
RECONCILIATION OFFUNDS
Total funds brought
forward		 4s526,068 . 4, 62,068 .4,453,952 '
TOTAL FUNDS CARRIED
FORWARD 4,662,068. . 2,068, 4,526,068

FIXEDASSETS: 2021 2020
Note E
Investments
(Investment		 Properties) 10/11 5,683,700 5,683,700
CURRENT ASSETS
Debtors 12 239,846 242,363
Cash at bank and in hand 65,807 10,037
305,653 252,400
CREDITORS: Amounts falling due within one
year 13 (136,014) (116,362)
NKT CURRENT ASSETS 169,639 136,038
TOTAL ASSETSLESSCURRENT LIABILITIES 5,853,339 5,819,738
CREDITORS: Amounts falling due after more than one
year 14 (1,191,271) (1,293,670)
NET ASSETS 4,662,068 4,526,068
CHARITY FUNDS
General Unrestricted funds 16 4,662,068 4,526,068
t2% 1&lWQ
'		 8.662.06Ã 4 526068

2ddd isetailed notes for the statement for the statement for the statement ofnnauciat activities activities 202 2021
Unrestrict Total
E
D
d
did
.Investments
(investment		 properties) 2S1.187
Total income
E~dld
Costofgenerating		 funds - Investmentmanagement costs 83,0iv .,v- „'ggs0$9.'
Charitable
activities:		 62.177
Total expenditure ~!::::::!$oN:::
Net income Iexpenditure
ldtet Income I(expenditure) before other recognised gains
asd tosses
Net movement
in		 funds
Totai funds brought forward 4.s2e,ves
Total funds carried forward

2020 2020 Total/ 2020 Total/
28 Detailed comparatives for the statement of financial activities Unrestricted/f g
,It~co n~ero
Donations
and legacies
Investments
(investment		 properties) 27717l ~IW' 1
Total income . :277117El
~Ee dilerere:
Cost ofgenerating
funds
Charitable
activities:		 - Investment management costs 82,086
l43 469		 ,:.=- i='~'='.@IA@ss
~E'-'~"'4~4%'.
Total expenditure s5% -::
ieiet income / expenditure
Net income
/ (expenditure)		 before other recognised gains
and
Iliet		 losses
movement
ln funds		 ,-~-m+@~~N
Total funds brought forward 4 462 952
Total funds carried forward
3. INCOME FROM INVESTMENTS
Unrestricted Total Funds Total Funds
Funds 2021 202D
f f
Investment Property Income 281,187 281,187 297,671
281 187 281,187 297,671
4. RAISING FUNDS:
INVESTMENT MANAGEMENT COSTS
Unrestricted Total Funds Total Funds
Funds 2021 202D
Investment Property Management
Costs 83,DID 83,010 82,086
83,DID 83,010 82,086
Unrestricted Total Fsands Total Fttnds
Comprising: Funds /f 2021/t 2020/f
Council tax 1,554 1,554
Water 401 406 376
Light &Heat 5,069 5,069 3,193
Insurance 545 54$ 101
Service Charges 54, 717 $4E717 47,641
Repairs &Maintenance /4,045 14,045
Miscellaneous 31
Legal &Professional 6,679 6,679 30,744
Total ~3010 ~8301 ~82 08

CHARITABLE ACTIVITI ES
Unrestricted T tal Funds Total Funds
Funds 2021, 2020
General General General
Activities Activities Activities
Grant Making 23,793 23,793 92,162
Support Costs 8cGovernance Costs 40,384 40,384 . 51,307
64,177 64,177 143,469

A, A NALY SIS OF GRANTS TO INSTITUTIONS AND INDI IDUALS
Activity Institution Individuals
Other Educational
Advancement		 / Welfare 4,130 16;563
Maintenance
Allowances/Livia
or Funeral		 Ex enses 3,100
Healthcare 2Relief ofPovert
.TOTAL 4;%30 t9,663
B. ANALYSIS OFTOTAL GRANTS BYACTIVITY TYPE
Activity Total
Other Educational
Advancement		 / Welfare 20,693
Maintenance
Allowances/Livin		 Ex enses 3 100
Healthcare &Relief ofPovert
TOTAL 23,793
C. ANALYSIS OFMAJOR INSTITUTIONAL GRANTS
Material Institutional
grants (greater than		 8 1,000) were paid as fo ows:
Name Amount Activll
MASJID AND MADRESSA
TALEEM-UL-		 6 1,500 Other Educat&onal
ISLAM UK3 Advancement / Welfare

Unrestricted Unrestricted Unrestricted Unrestricted Total Funds Total Funds Total Funds Total Funds
Funds 2021 2020
Governance: Audit Fees 3,000 3,000 3,000
Support Costs: Finance Costs (Loan Interest) 35,298 35,298 47,808
Support Costs: Bank Charges . 86 86 499
40,384 40/84 51,307
All governance and support costs related to general activities.
6. EXPENDITURE ANALYSIS
Charitable activities
ra
4a-I st
CII
st		 p, O
sL,V
Q e 2021 Total 2020 Total
Investment '
ntona einent costs Direct 83 010 ' 83,010 S 086
Grant M akin Direct 23 793 92,162
Governance:
Audit
Fees Governance 3000 3,000 3,000
Support: Finance costs
(Loan lutenist 35,298 3$,298 47808
Su ort: 8ank etta es 86 86 499
83,010 3,000 35,384 . 145,187 225,555
Support BcGovernance
Costs: General 38,384 (3,000) (35,384)
Activities
Total expenditure
2021 S3010 62,177
I'utat cx enditure 2020 82,086 143,469 225 555

2021 2020
35,298 47,808
3,000 3,000
38,298 50,808

Investment Total
Properties
Carrvinv
Vain'		 (Martlet
Value)
At 01April 2020 5,683,700 5,683,700
DEPRECIATION
At April 2020
Dlsposals:
At 31 March 2021
Carrying
Value		 (Market
Value)
At 31March 2021 5,683,700 5,683,700
At 31 March 2020

CREDITORS: Amounts falling due within orie year
2021 2020
Accruals 17,208 .8,017
Deferred Income 84,851 76,676
VAT 7,795 6,552
Other Creditors 26,160 25,117
Bank Loan
136,014 116,362

2021 2021
Under
1		 Over I Total
year year
f f
At start date
1 April 2020		 76,676 0 76,676
Additions during the year 84,851 0 84,851
Amounts released to income {76,676) 0 (76,676)
At ead date 31 March 2021 84,851 . 0 84,851
NOTE 13ACONT... 2020
Under
1		 Over 1 Total
year year
At start date
I April 2019		 78,574 0 78,574
Additions during the year 76,676 0 76,676
Amounts released to income (78,574) 0 {78,574)
At end date 31March 2020 76,676 o 76,676
2021 2020
Isl50t000 lt250t000
41,271 '43,670
1,191,271 1,293,670