Chairty No. 1103759 ## Al Majid Welfare Trust ## Registered Office 215 Northumberland Avenue, Reading RG2 7PX FINANCIAL STATEMENT Accounts From 03/01/2022 to 02/01/2023 Chairty No. 1103759 ## Al Majid Welfare Trust Registered Office 215 Northumberland Avenue, Reading RG2 7PX |Index||| |---|---|---| |FINANCIAL STATEMENT||| |Accounts From 03/01/2022 to 02/01/2023||| ||Page No.|| |Indpendent examiners Report on the accounts||1| |Management's Declaration||2| |Balance Sheet||3| |Income and Expenditure account||4| Independent Examiner's Report on the Accounts For the year ended 02-January 2023 Report to the Trustees of Al-malld Welfare Trust On accounts for th• end¢d 02-Jan-2023 Charity No. 1103759 sl Iltl•s tYust••s •nd •xamln The tharlty trustees are responslble for the prepara￿￿￿ of thp rKcount5. The charlty's trustees con51der that in audlt15 not reqvlred for the year under sedon 144 of rhe CharlJes Art 2011 l the Charlty Art l and that an Independent examlf)atloh 1$ needed. rt Is nry responslblllty to.. "exarnlne the éccounrs under sertlon 145 of the Charlty Act, io follow the procedures lald down In the 8enwal Dlrertions glven the Charlty Cornrnlsslon l under settion 14515llbl of the tharfty Aci. and to stare whether part4¢ular matters ha¥e come ro my atteThtlon. t•x* My examlnatlon was carrled out In accordance wlth general ￿reCtI1)nS ¥lven by the Charlty Commisslon. An examlnatlon Includes a revlew of the accountlng records kept by the chartry and a cornpart50n of the accounts presented wlth those retords. It also Includes con51deratOon of any unusual Items or dlsdosure5 In the accounts, and seekin8 explanat40rt5 fTOrn the trustees eoneernln# any such matters. The procedures undertaken do not prov4tle all rhe evlden¢e that would be requ1￿ In an audlt. and consequently no o￿nIon k 8lven 45 to whethef the attount presents •" trne and f•lr' vlèw and ￿ report is Ilmlted to those matters ￿ out In the statement below. Inde ent examinerfs statement In connethlortr wlth my examlnatlon. no matter has eorne to my attentlon l other th•n that dlsclosed below I l. whlch 8lves me reasonablè cause to bdleve that In. any materlal respect, the rt4ulrÈmehts'. to keep accouniing recofds In accordaft￿ wlth sethon 130 of the Charlty Act-, to prepare accounts whlch accord ￿th the actounting recorrts and comply wlth tht accountlng requlrements ol the Charfty Art have not been met- or 2. to whlch. ITr my oplnltsn. attentlon shoultl be tlrawn In Ofder to enable • proper understandln8 of the accounts ro be reached. O¢tober-2023 N•me Relevant professlonal qu*llflea￿tsn or bodv Trustee of Aeadlng Islamlc Centre Addiess- 72 Sallsbury Road. Readlng. RG30 IBN Al-majld W•llar• Trust Charfty No 1103769 TnMts•s f r3ry1 anua anu 2023 The trustees w85ent Iheir financial statanents for the y88r to * January 2023. The Irustges have &Joptod the provisions of Statement of Recommended Practice {SORP) AccMtirvJ and Remng by the Charities issued in March 2C¥JS. T￿￿￿& Name 1 Bartat Aji D.O.B 2611211954 2 Shabnam Ahmed D.O.B 0510811979 3 Nazneen A Ali D.O.B 2610811984 Chaim Trustee Trustee 07825278320 {Main Corrtacti 07788921C65 07825640107 nc• an A4Aajid Welfare Trust is constituted as a tharitablo tnJ8t register•d ￿th the Charity C￿nMISSIon under ch¥ffjty No. 1103759.11 is g)verrnd by a d88d of trust. an nals The chan'ty trusteos are responsit48 for the general control and management of the tharity. Jsle85 give their lime freely and receive no remuneration or other final￿al ben8fil$. hl•v•m 4A¥4'id Trust pThides 8 place of prayer arKI cu¥Jreg8bon for the Muslim of Roath'ffj. li providos educational classes for tolh children and &lults. and various oth8r community needs. What e Education Rdigious aclivilies Birth, Marriage, Fvn8r81, otc. ProvidiTrJ supwt to poople in si(*ness arna distress does the Provide5 human resour¢os Humanitarian BLMI(Ing f8¢ililies Flnan R•vl•w The Twsl's main sourc* of irthme is Friday oJI￿lOn and Zakat. It al80 makes special appeel rf it neods fund8 for some special project. During the yoar the trust raisod a total of £239,927 from Nvhich £18.277 was restricted fund8. £90.468 unrestricted Rental income of £63,147 Fee Received £1.153 Gift aid and grant roceived total of £66.844 Mana em Declaration: We approve the attached accounts of Al-majid Welfare Trust, Reading. for the year ended 2nd January 2023 and confim that vrfe have made available to Mr. M Banaras all the books, records and infomation relating to these accounts for examination purpose. (On baham of all trustees) Sign.. Date: 319t October 2023 Barkat Ali - Chairman Balance Sheet Page 3 ## Chairty No. 1103759 ## Al Majid Welfare Trust Statement of Financial activties for year to 02 January 2023 |incom genrate
02/01/2023
02/01/2022
Collection
**Restricted**
**Un restricted**
**Total funds Total funds**
Donation
18277
90468
108745
199152
Intrest Receved
38
38
Gift aid claim HMRC / Grant
66,844.00
£
66844
31416
Fee Receved
1153
1153
340
Premsise
Rental incom
63147
63147
52301
Expence
Rental expences
0
0
-2725
Total other spending
0
-31361
-31361
0
Donation
-12146
0
-12146
-10062
Deficit (Surplus) for the year
**6169**
**190251**
**196420**
**270422**|incom genrate
02/01/2023
02/01/2022
Collection
**Restricted**
**Un restricted**
**Total funds Total funds**
Donation
18277
90468
108745
199152
Intrest Receved
38
38
Gift aid claim HMRC / Grant
66,844.00
£
66844
31416
Fee Receved
1153
1153
340
Premsise
Rental incom
63147
63147
52301
Expence
Rental expences
0
0
-2725
Total other spending
0
-31361
-31361
0
Donation
-12146
0
-12146
-10062
Deficit (Surplus) for the year
**6169**
**190251**
**196420**
**270422**|incom genrate
02/01/2023
02/01/2022
Collection
**Restricted**
**Un restricted**
**Total funds Total funds**
Donation
18277
90468
108745
199152
Intrest Receved
38
38
Gift aid claim HMRC / Grant
66,844.00
£
66844
31416
Fee Receved
1153
1153
340
Premsise
Rental incom
63147
63147
52301
Expence
Rental expences
0
0
-2725
Total other spending
0
-31361
-31361
0
Donation
-12146
0
-12146
-10062
Deficit (Surplus) for the year
**6169**
**190251**
**196420**
**270422**| |---|---|---| ||**Book value**
**Fixed Assets**
2,Bennet place Reading RG2 0XU
6,Foxhays road Reading RG2 8NA
579-581 Basingstoke Road Reading TG2 0SJ
215 Northumberland Avenue Reading RG2 7PX
Total|305000
280000
450000
278000
1313000| ## **Current Assets** |**Current Assets**|||||| |---|---|---|---|---|---| ||Cash|**saving a/c**|**currant a/c**|**Total**|| |||20059|7989||| |**Cash in hand + Bank**||100000|17254|145302|| |Debtors|||||| |Prepayments||||0|145302| ||||||**1458302**| |**Less Liabilities**|||||| |Loan|||21000||| |Vat|||559||| |PAYE Tax & NIC|||2175||| |Rent deposit account|1250||1250||| |Rent deposit account|||7989||| |**Total Liabilities**||||32973|| |Total Funds Reserve|||||**1425329**| ||02/01/2023|02/01/2022|||| |Reserve Balance B/F|1228909|986530|||| |Reserve Funds in year|196420|242379|||| |Total Funds Reseve|**1425329**|**1228909**|||| Income and Expenditure account Page 4 |Chairty No.
1103759
Al Majid Welfare Trust
Accounts From 03/01/2022 to 02/01/2023
Trustee donation
31,871.00
£
Friday / public donation
58,597.00
£
£90,468.00
**Restricted donation**
18,277.00
£
Intrest receved
38.00
£
Gift aid claim from HMRC
66,844.00
£
National Grant
Fee Receved
1,153.00
£
Rent from property
63,147.00
£
239,927.00
£
salaries & wages
24,924.00
£
Insurance
1,192.00
£
legal services
-
£
Fixture fitting
2,959.00
£
.
Telephone Postage & stationary
371.00
£
Rent & Rates
-
£
Water charges
-
£
light heat and power
1,915.00
£
Donation
12,146.00
£
43,507.00
£
43,507.00
£
Surplus incom
196,420.00
£
Reserv b/f
1,228,909.00
£
Reserve total
1,425,329.00
£|Chairty No.
1103759
Al Majid Welfare Trust
Accounts From 03/01/2022 to 02/01/2023
Trustee donation
31,871.00
£
Friday / public donation
58,597.00
£
£90,468.00
**Restricted donation**
18,277.00
£
Intrest receved
38.00
£
Gift aid claim from HMRC
66,844.00
£
National Grant
Fee Receved
1,153.00
£
Rent from property
63,147.00
£
239,927.00
£
salaries & wages
24,924.00
£
Insurance
1,192.00
£
legal services
-
£
Fixture fitting
2,959.00
£
.
Telephone Postage & stationary
371.00
£
Rent & Rates
-
£
Water charges
-
£
light heat and power
1,915.00
£
Donation
12,146.00
£
43,507.00
£
43,507.00
£
Surplus incom
196,420.00
£
Reserv b/f
1,228,909.00
£
Reserve total
1,425,329.00
£|Chairty No.
1103759
Al Majid Welfare Trust
Accounts From 03/01/2022 to 02/01/2023
Trustee donation
31,871.00
£
Friday / public donation
58,597.00
£
£90,468.00
**Restricted donation**
18,277.00
£
Intrest receved
38.00
£
Gift aid claim from HMRC
66,844.00
£
National Grant
Fee Receved
1,153.00
£
Rent from property
63,147.00
£
239,927.00
£
salaries & wages
24,924.00
£
Insurance
1,192.00
£
legal services
-
£
Fixture fitting
2,959.00
£
.
Telephone Postage & stationary
371.00
£
Rent & Rates
-
£
Water charges
-
£
light heat and power
1,915.00
£
Donation
12,146.00
£
43,507.00
£
43,507.00
£
Surplus incom
196,420.00
£
Reserv b/f
1,228,909.00
£
Reserve total
1,425,329.00
£| |---|---|---| |||| |||1,228,909.00
£
1,425,329.00
£|