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2020-08-31-accounts

Musidal Islamic Association U.K (MIA) Trustees’ annual report Year ended 31[st] August 2020

Musidal Islamic Association’s trustees have the pleasure of presenting their annual report for the year ended 31[st] August 2020.

Reference and administration details Principal

address:

1st floor, 102-105 Whitechapel High Street, London E1 7RA

Our objectives

These are the objectives of the charity:

  1. To organise social, cultural and religious activities including those related to birth, marriage, death and other spiritual and cultural needs of our users.

  2. To help people to settle into the community successfully. Those who came to live and work in London from Europe and Africa or from other cities in the UK. MIA will be there to help them to learn English and support them to learn and understand the British values.

  3. To provide religious facilities i.e. Prayer hall (Mosque) for followers of the Islamic faith, and to offer education, cultural and recreational services to the whole community.

  4. To promote opportunities for the study of Arabic language and the mother tongues through classes, lectures, training and cultural events.

  5. To organise the collection and disbursement of "Fitra" and "Zakah (obligatory poor dues) according to the teachings of Holy Quran, Hadith and Islamic Shariah.

  6. To increase opportunities for members of MIA to engage with service providers so as to enable those providers to better meet the needs of our members.

Activities and Achievements :

their fast together. The celebration of Eid is done in the mosque with a family day and communal meal.

Future Plans:

Challenges:

Declaration :

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position
Date
MR Hamid Jalloh MR Mamudu Jalloh
Chairman Trustee & Imam
26/08/2021 26/08/2021

Charity number: 1105825

MUSIDAL ISLAMIC ASSOCIATION UK

Report of the Trustees and Unaudited Financial Statements

For the year ended 31 August 2020

Draft

MUSIDAL ISLAMIC ASSOCIATION UK Contents Page For the year ended 31 August 2020

Report of the Trustees 1 Independent Examiner's Report to the Trustees 2 Statement of Financial Activities 3 Statement of Financial Position 4 Notes to the Financial Statements 5 to 7 Draft Detailed Statement of Financial Activities 8

MUSIDAL ISLAMIC ASSOCIATION UK Report of the Trustees

For the year ended 31 August 2020

The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 August 2020. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity MUSIDAL ISLAMIC ASSOCIATION UK Charity registration number 1105825 Principal address 1st floor 102-105 Whitechapel High Street London E1 7RA

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Independent examiners

Alpha Abdulai Barrie Sheik Hamid Jalloh Mamudu Jalloh Turay and co ltd 21 Morrison House Tulse hill Draft London SW2 3PP

Approved by the Board of Trustees and signed on its behalf by

............................................................................. Alpha Abdulai Barrie

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MUSIDAL ISLAMIC ASSOCIATION UK

Independent Examiners Report to the Trustees

For the year ended 31 August 2020

I report to the trustees on my examination of the accounts of the charity for the year ended 31 August 2020.

Responsibilities and basis of report

As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiners statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Draft

Turay and co ltd 21 Morrison House

Tulse hill London SW2 3PP

2 of 8

MUSIDAL ISLAMIC ASSOCIATION UK Statement of Financial Activities

For the year ended 31 August 2020

Notes Unrestricted Restricted 2020 2019
funds funds
£ £ £ £
Income and endowments from:
Donations and legacies 175,837 - 175,837 -
Total 175,837 - 175,837 -
Expenditure on:
Raising funds (1,000) - (1,000) -
Charitable activities (35,174) - (35,174) -
Total (36,174) - (36,174) -
Net income/expenditure 139,663 - 139,663 -
Reconciliation of funds
Total funds brought forward 414,153 291,326 705,479 291,326
Total funds carried forward 553,816 291,326 845,142 291,326

Draft

3 of 8

MUSIDAL ISLAMIC ASSOCIATION UK Statement of Financial Position As at 31 August 2020

Draft
Notes
Fixed assets
Intangible assets
3
Tangible assets
4
Current assets
Cash at bank and in hand
Creditors: amounts falling due within one year
5
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more than one year
6
Net assets
The funds of the charity
Restricted income funds
7
Unrestricted income funds
Total funds		 £
2020
-
1,581,658
1,581,658
17,854
17,854
1,780
19,634
1,601,292
(771,536)
829,756
275,940
553,816
829,756		 £
2019
1,488
5,951
7,439
270,281
270,281
-
270,281
277,720
(1,780)
275,940
275,940
-
275,940

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

0

4 of 8

MUSIDAL ISLAMIC ASSOCIATION UK Notes to the Financial Statements

For the year ended 31 August 2020

1. Accounting Policies

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor vehicles

18% Reducing balance

2. Comparative for the Statement of Financial Activities

The comparative year values on the Statement of Financial Activites are for restricted funds.

3. Intangible fixed assets

ntangible fixed assets
Draft
Cost or valuation
Intangible
asset 1
£
(1,488)
At 01 September 2019
(1,488)
At 31 August 2020
Amortisation
-
At 01 September 2019
At 31 August 2020
-
Net book values
(1,488)
At 31 August 2020
(1,488)
At 31 August 2019
angible fixed assets
Land and
buildings
Cost or valuation
£
-
At 01 September 2019
1,569,756
Additions
-
Revaluations
At 31 August 2020
1,569,756
Depreciation
-
At 01 September 2019
-
At 31 August 2020
Net book values
At 31 August 2020
At 31 August 2019
1,569,756
-		 Intangible
asset 3
£
-
-
(1,488)
(1,488)
1,488
1,488
Fixtures and
fittings
£
11,902
-
1,488
13,390
1,488
1,488
11,902
10,415		 £
Total
(1,488)
(1,488)
(1,488)
(1,488)
-
-
Total
£
11,902
1,569,756
1,488
1,583,146
1,488
1,488
1,581,658
10,415

4. Tangible fixed assets

5 of 8

MUSIDAL ISLAMIC ASSOCIATION UK Notes to the Financial Statements Continued

For the year ended 31 August 2020

5. Creditors: amounts falling due within one year

2020 2019
£ £
Trade creditors (1,780) -
(1,780) -
6. Creditors: amounts falling due after more than one year
2020 2019
£ £
Trade creditors 769,756 -
Other creditors 1,780 1,780
771,536 1,780
7. Movement in funds Draft
Restricted Funds
Balance at Balance at
01/09/2019 31/08/2020
£ £
General 291,326 291,326
291,326 291,326
Restricted Funds - Previous year
Balance at Balance at
01/09/2018 31/08/2019
£ £
General 291,326 291,326
291,326 291,326
8. Analysis of net assets between funds
Intangible Tangible Net current Creditors > Net Assets
fixed assets fixed assets assets / one year
(liabilities)
£ £ £ £ £
Unrestricted funds
General
Donations Cash (1,488) 1,575,707 (250,647) (769,756) 553,816
Restricted funds
General fund 1,488 5,951 270,281 (1,780) 275,940
- 1,581,658 19,634 (771,536) 829,756

6 of 8

MUSIDAL ISLAMIC ASSOCIATION UK Notes to the Financial Statements Continued

For the year ended 31 August 2020

Previous year

Previous year
Intangible Tangible Net current Creditors > Net Assets
fixed assets fixed assets assets / one year
(liabilities)
£ £ £ £ £
Unrestricted funds
General
Restricted funds
General fund 1,488 5,951 270,281 (1,780) 275,940
1,488 5,951 270,281 (1,780) 275,940

Draft

7 of 8

MUSIDAL ISLAMIC ASSOCIATION UK Detailed Statement of Financial Activities

For the year ended 31 August 2020

Draft
INCOME AND ENDOWMENT
Donations and legacies
Donations
Sponsorships
Total incoming resources
SUPPORT COSTS
Human Resources
Fundraising Human Resources
Governance costs
Governance costs (General charitable Activity)
Governance costs (Activity 2)
Total resources expended
Net Income		 £
2020
172,817
3,020
175,837
175,837
(1,000)
(1,000)
(1,582)
(33,592)
(35,174)
(36,174)
139,663		 £
2019
-
-
-
-
-
-
-
-
-
-
-

8 of 8 This page does not form part of the statutory financial statements

Musidal Islamic Association U.K (MIA) Trustees’ annual report Year ended 31[st] August 2020

Musidal Islamic Association’s trustees have the pleasure of presenting their annual report for the year ended 31[st] August 2020.

Reference and administration details Principal

address:

1st floor, 102-105 Whitechapel High Street, London E1 7RA

Our objectives

These are the objectives of the charity:

  1. To organise social, cultural and religious activities including those related to birth, marriage, death and other spiritual and cultural needs of our users.

  2. To help people to settle into the community successfully. Those who came to live and work in London from Europe and Africa or from other cities in the UK. MIA will be there to help them to learn English and support them to learn and understand the British values.

  3. To provide religious facilities i.e. Prayer hall (Mosque) for followers of the Islamic faith, and to offer education, cultural and recreational services to the whole community.

  4. To promote opportunities for the study of Arabic language and the mother tongues through classes, lectures, training and cultural events.

  5. To organise the collection and disbursement of "Fitra" and "Zakah (obligatory poor dues) according to the teachings of Holy Quran, Hadith and Islamic Shariah.

  6. To increase opportunities for members of MIA to engage with service providers so as to enable those providers to better meet the needs of our members.

Activities and Achievements :

their fast together. The celebration of Eid is done in the mosque with a family day and communal meal.

Future Plans:

Challenges:

Declaration :

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position
Date
MR Hamid Jalloh MR Mamudu Jalloh
Chairman Trustee & Imam
26/08/2021 26/08/2021