MUSLIM HELP SUPPORTING THE NEEDY LTD COMPANY NUMBER 4582827 REGISTERED IN ENGLAND
REGISTERED CHARITY NUMBER 1100456
FINANCIAL STATEMENT FOR THE PERIOD 01/12/2020 TO 30/11/2021
MUSLIM HELP SUPPORTING THE NEEDY LTD FINANCIAL STATEMENT FOR THE PERIOD 01/12/2020 TO 30/11/2021
| CONTENTS | PAGE |
|---|---|
| GENERAL INFORMATION | 1 |
| TRUSTEES & INDEPENDENT EXAMINATION REPORT | 2,3, 4 |
| BALANCE SHEET | 5 |
| INCOME & EXPENDITURE ACCOUNT | 6 |
| NOTES FORMING PARTS OF FINANCIAL STATEMENTS | 7,8 |
MUSLIM HELP SUPPORTING THE NEEDY LTD FOR THE PERIOD 01/12/2020 TO 30/11/2021
STATUS
The organisation is charitable company limited by Guarantee, incorporated on 6th nov 2002 and is a registered charity.
BOARD MEMBERS
Mr. Naeem Shahbaz Awan Mrs. Naveed Kousar
Company Number
4582827
Charity registration Number
1100456
Registered Office
175 Bobbersmill Road Nottingham NG7 5JS
Bankers
HSBC 26 Clumber Street, Nottingham NG1 3GA
Independent Examiners
Solutions Accountants & Financial Services Ltd 149 Radford Road Nottingham NG7 5EH www.solutionsaccountants.co.uk
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MUSLIM HELP SUPPORTING THE NEEDY LTD FOR THE PERIOD 01/12/2020 TO 30/11/2021 TRUSTEES ANNUAL REPORT
The Trustees present their report and financial statements for the year ended 30th Nov 2021 This Trustees' report is a director's report required by the Companies Act 2006. All Trustees are directors of the Company.
Reference and administrative information
Muslim help supporting the needy Ltd was establish as a Corporated body registered with The companies house and registered with the Charity Commission under number 1100456.
Structure, governance and management
Governing document
The organisation is a charitable company Limited by guarantee, the company was established under the Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association.
Tax status
The Company is a registered charity and is exempt from corporation tax and income tax.
Recruitment and training of Trustees
The Board of Trustees consists of two members who are recruited from within the community. Role descriptions are issued to each trustee and a full induction is given setting out the obligations of a trustee. all trustees are issued with a copy of the Charity Commission's guide 'The Essential Trustee'.
Organisational structure
The Charity is principally UK based, and its registered office is in Nottingham.
Financial review
Principal sources of funding
The principal source of funding for the Charity is donations, collections of used cloth etc.
Reserves policy
The Trustees have established a policy whereby, given the charity's present level and nature of activities, the restricted funds not committed or invested in intangible and tangible fixed assets ("the free reserves") held by the Charity. At this level the Trustees feel that they would be able to continue the current activities the current activities of the Charity in the event of a significant drop in funding. It would obviously be necessary to consider how the funding would be replaced as activities changed.
The level of free reserves (if any) will be held at the balance sheet which reflects the donations received or other funders shortly before the year end which were utilised early in the new year. In addition, these donations are retained and utilised systematically to support necessary projects during the next financial year.
The trustees present their report and accounts for the year ended 30th June 2021. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s governing document the Charities Act 2011 and the Statement of Recommended Practice: Accounting and reporting by charities preparing their accounts in accordance with the Financial Reporting Standard FRS 102 issues in 2014.
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Conti…..
MUSLIM HELP SUPPORTING THE NEEDY LTD FOR THE PERIOD 01/12/2020 TO 30/11/2021
Future plans
The future plans of the Charity include appointment of two part timers who will support the admin and operational work.
Statement of Trustees' responsibilities
The Trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the Charity and the incoming resources and application of resources including the net income & expenditure for the year. In preparing those financial statements trustees are required to:
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select suitable accounting policies and then apply them consistently;
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make judgments and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and which enable them to ensure that the financial statements Comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities In so far as the Trustees, individually, are aware:
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there is no relevant account information of which the Accountant is unaware; and
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the Trustees have taken all steps that ought to have been taken to make themselves aware of any relevant information and to establish that the accountant is aware of that information.
Accounts preparation
The Trustees confirm that the accounts comply with current statutory requirements, and with those of the governing instrument.
Naeem Shahbaz Awan TRUSTEE
Date: 20/07/2022
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
I report on the accounts of the charity, which are set out on page 3 & 4.
Respective responsibilities of trustees and Examiner
The trustees of Muslim Help Supporting the Needy Ltd are responsible for the preparation of the accounts, the trustees consider that an Audit is not required for this year under section 144(2) of the Charities Act 2011 and that an Independent examination is needed.
It is my responsibility to:
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Examine the accounts under section 145 of the 2011 Act
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Follow the procedure laid down in the general direction given by the charity commissioners under section 145(5)(b) of the 2011 Act; and
State whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general directions given by the charity commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning and such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether matters set out in the statement below.
Our work was conducted in accordance with the statement of standards of reporting accountants, and so our procedures consisted of comparing the accounts with the accounting records kept by the charity, and making such limited enquires of the officers of the charity as we considered necessary for the purpose of the reporting. These procedures provided only the assurance expressed in our opinion.
In connection with my examination, no material matters have come to my attention ;
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which gives me reasonable cause to believe that in any material respect the requirement:
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. to keep accounting records in accordance with section 130 of the 2011 Act and
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. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
QaziArshad
---------------------------------------------------------------Qazi Naveed Arshad FIAB, MA, For & on behalf of Solutions Accountants & Financial Services Ltd. 149 Radford Road Nottingham NG7 5EH
20/07/2022
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MUSLIM HELP SUPPORTING THE NEEDY LIMITED
(Limited by Guarantee)
Company Number 4582827 Registered Charity Number 1100456 FOR THE PERIOD 01/12/2020 TO 30/11/2021
| Note Fixed Assets Tangible Assets 2 Investments Current Assets Debtors Cash at bank and in hand Total Assets Creditors: Amounts Falling due within one year Net current Assets Total Assets less current liabilities Long Term Liabilities 7 CAPITAL RESERVE Share Capital 5 Accumulated Surplus/Deficit 6 |
Note | 2021 3,162 64,844 64,369 64,369 56,258 8,111 1 8,110 8,111 |
2020 | |
|---|---|---|---|---|
| 3,394 3,382 55,623 |
||||
| 631 61,051 |
||||
| 61,682 | 62,399 | |||
| 250 62,149 |
||||
| 475 | ||||
| 62,149 59,258 |
||||
| 2,891 | ||||
| 1 2,890 |
||||
| 2,891 |
Approved by the board of trustees on ______ and signed on behalf of Trustee.
TRUSTEE Mr. Naeem Shahbaz Awan
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MUSLIM HELP SUPPORTING THE NEEDY LIMITED
Company Number 4582827 Registered Charity Number 1100456 INCOME & EXPENDITURE ACCOUNT
FOR THE PERIOD 01/12/2020 TO 30/11/2021
| Note Income resources Income from generated funds: Total Incoming Resources Charitable Activities 1 Costs of generating Funds Cost of Donations Administration cost 3 Governance costs 4 Total resources expended Excess of expenditure or income Investment (deficits)/surpluses Net Movement in funds before Transfers Gross Transfers between funds Net Movement in funds for the year Funds at the start of the Year Excess of expenditure or income Total funds carried forward |
Unrestricted Restricted Total funds Funds Funds 2021 2021 2021 56,122 - 56,122 - |
Total Funds 2020 4,977 - |
|---|---|---|
| 56,122 - 56,122 |
4,977 | |
| 1,300 - 1,300 - - 3,543 - 3,543 46,059 - 46,059 |
800 1,103 3,897 |
|
| 50,902 - 50,902 |
5,800 | |
| 5,220 - 5,220 |
(823) | |
| - - - - - - - - - - - - 2,890 5,220 - - 8,110 |
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MUSLIM HELP SUPPORTING THE NEEDY LIMITED Registered Charity Number 1100456, Company no 4582827 Notes forming part of these financial statements FOR THE PERIOD 01/12/2020 TO 30/11/2021
Notes
1 Charitable activities
| Charitable Actvities: Help abroad and Locally 2 FIXED ASSETS Cost 30/11/2020 Additions Disposal Revaluations Accumulated dep Charge for the Year Net Book Value 30/11/2021 Net Book Value 30/11/2020 3 Administration cost Marketing/Advertising Training Bank Charges/Card service Telephone/Broadband 4 Governance Cost Legal fee Trustee's Expense Support costs (4.1) 4.1 Support Cost Bin Collections Repair Vehicle Expense Rags Purchase Stationary & Postage Accountancy General Travel Expense Depreciation |
1,300 |
|---|---|
| 1,300 TOTAL 15,580 |
|
| 15,580 12,186 232 12,418 |
|
| 3,162 | |
| 3,394 | |
| 3,000 125 418 |
|
| 3,543 | |
| 1,100 44,959 |
|
| 46,059 | |
| 120 640 159 42,930 28 475 375 232 |
|
| 44,959 |
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Notes forming part of these financial statements FOR THE PERIOD 01/12/2020 TO 30/11/2021
| 5 | SHARE CAPITAL Authorise: 100 ordinary shares of 1£ each Issued and Paid 1 ordinary shares of 1£ each |
2021 100.00 1.00 |
2020 100.00 |
|---|---|---|---|
| 1.00 |
6 ACCUMULATED SURPLUS ACCOUNT
| Opening Balance Excess of Expenditure over income Balance |
2,890 5,220 |
|---|---|
| 8,110 |
| 7 Trustee's Loan Trustee's Loan BBL Less Payment made this Balance |
9,258 50,000 y 3,000 |
|---|---|
| 56,258 |
ACCOUNTING POLICIES
The financial statements have been prepared under historical cost convention and in accordance with the financial reporting standards for smaller entities(effective March 2000) and the companies act 1985 and follow the recommendation on Accounting by Charities: Statement of recommended practice issued in 2000.
Turnover
Turnover comprises of donations.
Unrestricted Funds
Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.
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