Charity registration number: 1106932
Queensgate Islamic Centre Annual Report and Financial Statements for the Year Ended 20 July 2021
MacMahon Leggate Chartered Accountants 1st Floor Kingsway House Kingsway Burnley Lancashire BB11 1BJ
## **Queensgate Islamic Centre**
## **Contents**
|Reference and Administrative Details
Trustees' Report|1
2 to 3|
|---|---|
|Independent examiner's report|4|
|Statement of financial activities
Balance Sheet|5
6|
|Notes to the financial statements|7 to 10|
|The following page does not form part of the statutory financial statements:||
Statement of financial activities per fund 11
## **Queensgate Islamic Centre Reference and Administrative Details**
|**Charity name**|Queensgate Islamic Centre|
|---|---|
|**Charity registration number**|1106932|
|**Trustees**|B Nazia|
||S A Khan|
||I Mirza|
||I Ahmed|
||S Aziz|
|**Bankers**|HSBC|
||Blackburn|
||60 Church Street|
||Blackburn|
||BB1 5AS|
|**Accountant**|MacMahon Leggate|
||1st Floor|
||Kingsway House|
||Kingsway|
||Burnley|
||Lancashire|
||BB11 1BJ|
Page 1
## **Queensgate Islamic Centre**
## **Trustees' Report**
## **Introduction**
The trustees present their annual report and financial statements for the year ended 20 July 2021 and confirm that they comply with the Charities Act 2006, as amended by the Charities Act 2011, the constitution and the Charities SORP 2015.
The board of trustees are satisfied with the performance of the charity during the year, the position at 20 July 2021 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity’s assets are adequate to fulfil its obligations.
## **Structure, Governance and Management**
## **Governing Document**
Queensgate Islamic Centre was constituted as a charitable trust registered with the Charity Commission in November 2004 under charity number 1106932. It is governed by a constitution last updated in October 2009.
## **Organisational Structure**
The charity trustees are responsible for the general control and management of the charity. With the exception of Mr Bibi Nazia, the trustees give their time freely and receive no remuneration or other financial benefits.
## **Appointment of Trustees**
The existing trustees are responsible for the appointment of new trustees.
## **Objectives and Activities of the Charity**
The objects of the charity are set out in its constitution and are summarised as follows:
To advance education by establishing educational centres and to maintain and manage such centres for the public in the subject of the Islamic faith according to the creed of Ahlus-Sunnah Wal Jama’ah.
To advance the Islamic religion by establishing and providing facilities for prayers and other religious functions including producing and distributing literature and also to maintain such facilities for the public.
To advance such other charitable purposes as may from time to time be determined.
Page 2
## **Queensgate Islamic Centre**
## **Trustees' Report**
## **Achievements and Performance of the Charity**
During the year the charity has continued to steadily and successfully raise money via deductions and loans from the Muslim community across the country.
## **Financial Review**
## **Policies on reserves**
The trustees have resolved to establish reserves to provide for the furtherance of the charity’s activities.
## **Details of any funds materially in deficit**
No funds are in deficit.
Approved by the Trustees on 28 June 2022 and signed on their behalf by:
**SIGNED SECURELY 28/06/2022 at 10:31:29 AM UTC**
.........................................
S Aziz Trustee
Page 3
## **Independent Examiner's Report to the Trustees of**
## **Queensgate Islamic Centre**
I report on the accounts of the Trust for the year ended 20 July 2021, which are set out on pages 5 to 10.
## **Respec�ve responsibili�es of trustees and examiner**
The trustees 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(the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the General Directions given by the Charity Commission 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 any 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 the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
......................................... Richard Robinson MacMahon Leggate Chartered Accountants 28 June 2022
1st Floor Kingsway House Kingsway Burnley Lancashire BB11 1BJ
Page 4
## **Queensgate Islamic Centre**
## **Statement of Financial Activities for the Year Ended 20 July 2021**
|**Note**
**Incoming resources**
Incoming resources from generated funds
Voluntary income
2
Incoming resources from charitable activities
4
Other incoming resources
5
Total incoming resources
**Resources expended**
Costs of generating funds
Costs of generating voluntary income
6
Charitable activities
6
Other resources expended
6
Total resources expended
Net movements in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Unrestricted**
**Funds**
**£**
55,310
6,141
13,021
74,472
-
43,181
-
43,181
31,291
190,932
222,223|**Total Funds**
**2021**
**£**
55,310
6,141
13,021
74,472
-
43,181
-
43,181
31,291
190,932
222,223|**Total Funds**
**2020**
**£**
52,674
-
-|
|---|---|---|---|
||||52,674|
||||(664)
-
45,979|
||||45,315|
||||7,359
183,573|
||||190,932|
All incoming resources and resources expended derive from continuing activities.
The charity has no recognised gains or losses for the year other than the results above.
The notes on pages 7 to 10 form an integral part of these financial statements.
Page 5
## **Queensgate Islamic Centre**
## **Balance Sheet as at 20 July 2021**
|**Note**
**Fixed assets**
Tangible assets
8
**Current assets**
Debtors
9
Cash at bank and in hand
**Creditors: Amounts falling due**
**within one year**
10
**Net current liabilities**
**Net assets**
**The funds of the charity:**
**Unrestricted funds**
Unrestricted income funds
**Total charity funds**|**£**
198
42,887
43,085
(246,883)|**2021**
**£**
426,021
(203,798)
222,223
222,223
222,223|**£**
199
11,643
11,842
(246,931)|**2020**
**£**
426,021
(235,089)
190,932
190,932
190,932|
|---|---|---|---|---|
Approved by the Board on 28 June 2022 and signed on its behalf by:
**SIGNED SECURELY**
**28/06/2022 at 10:31:29 AM UTC**
.........................................
S Aziz Trustee
The notes on pages 7 to 10 form an integral part of these financial statements.
Page 6
## **Queensgate Islamic Centre**
## **Notes to the Financial Statements for the Year Ended 20 July 2021**
## **1 Accounting policies**
## **Basis of preparation**
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, applicable accounting standards and the Charities Act 2011.
## **Fund accounting policy**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Further details of each fund are disclosed in note 12.
## **Incoming resources**
Voluntary income including donations and grants that provide core funding or are of a general nature is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract.
## **Resources expended**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds are the costs associated with attracting voluntary income.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Fixed assets**
Individual fixed assets costing £100 or more are initially recorded at cost.
## **2 Voluntary income**
|**Donations and legacies**
Committed giving
UK Government grants|**Unrestricted**
**Funds**
**£**
55,310
-
55,310|**Total Funds**
**2021**
**£**
55,310
-
55,310|**Total Funds**
**2020**
**£**
48,807
3,867|
|---|---|---|---|
||||52,674|
Page 7
## **Queensgate Islamic Centre**
## **Notes to the Financial Statements for the Year Ended 20 July 2021**
_......... con�nued_
## **3 Grants receivable**
|UK Government grants
**Incoming resources from charitable activities**
**Community support**
Committed giving
**Other incoming resources**
**Other income**
UK Government grants
**Total resources expended**
**Direct costs**
Employment costs
Establishment costs
Repairs and maintenance
Office expenses
Sundry and other costs
Accountancy fees|**Unrestricted**
**Funds**
**£**
13,021|**Total Funds**
**2021**
**£**
13,021
**Total Funds**
**2021**
**£**
6,141
**Total Funds**
**2021**
**£**
13,021
**Community**
**support**
**£**
15,357
8,149
14,507
662
3,300
1,206
43,181|**Total Funds**
**2020**
**£**
3,867|
|---|---|---|---|
||**Unrestricted**
**Funds**
**£**
6,141||**Total Funds**
**2020**
**£**
-|
||**Unrestricted**
**Funds**
**£**
13,021||**Total Funds**
**2020**
**£**
-|
||||**Total**
**£**
15,357
8,149
14,507
662
3,300
1,206|
||||43,181|
## **4 Incoming resources from charitable activities**
## **5 Other incoming resources**
## **6 Total resources expended**
Page 8
## **Queensgate Islamic Centre**
## **Notes to the Financial Statements for the Year Ended 20 July 2021**
_......... con�nued_
## **7 Employees' remuneration**
The aggregate payroll costs of these persons were as follows:
|Wages and salaries|**2021**
**£**
15,357|**2020**
**£**
17,657|
|---|---|---|
No employee received emoluments of more than £60,000 during the year (2020 - No. 0).
## **8 Tangible fixed assets**
**Freehold interest in land and buildings (including heritage assets) £**
## **Cost**
|As at 21 July 2020 and 20 July 2021
**Net book value**
As at 20 July 2021
As at 20 July 2020|426,021
426,021
426,021|
|---|---|
## **9 Debtors**
|Other debtors|**2021**
**£**
198|**2020**
**£**
199|
|---|---|---|
## **10 Creditors: Amounts falling due within one year**
|Trade creditors
Other creditors
Accruals and deferred income|**2021**
**£**
72
246,307
504
246,883|**2020**
**£**
72
246,307
552
246,931|
|---|---|---|
Page 9
## **Queensgate Islamic Centre**
## **Notes to the Financial Statements for the Year Ended 20 July 2021**
_......... con�nued_
## **11 Related parties**
## **Controlling entity**
The charity is controlled by the trustees.
## **12 Analysis of funds**
||**At 21**|**July**|**Incoming**|**Resources**|**At 20**|**July**|
|---|---|---|---|---|---|---|
||**2020**||**resources**|**expended**|**2021**||
|||**£**|**£**|**£**||**£**|
|**General Funds**|||||||
|Unrestricted income fund|190,932||74,472|(43,181)|222,223||
## **13 Net assets by fund**
|Tangible assets
Current assets
Creditors: Amounts falling due within one year
Net assets|**Unrestricted**
**Funds**
**£**
426,021
43,085
(246,883)
222,223|**Total Funds**
**2021**
**£**
426,021
43,085
(246,883)
222,223|**Total Funds**
**2020**
**£**
426,021
11,842
(246,931)
190,932|
|---|---|---|---|
Page 10
## **Queensgate Islamic Centre**
## **Statement of financial activities by fund Year Ended 20 July 2021**
|**Incoming resources**
Incoming resources from generated funds
Voluntary income
Incoming resources from charitable activities
Other incoming resources
Total incoming resources
**Resources expended**
Costs of generating funds
Costs of generating voluntary income
Charitable activities
Other resources expended
Total resources expended
Net movements in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Unrestricted**
**income fund**
**2021**
**£**
55,310
6,141
13,021
74,472
-
43,181
-
43,181
31,291
190,932
222,223|**Unrestricted**
**income fund**
**2020**
**£**
52,674
-
-|
|---|---|---|
|||52,674|
|||(664)
-
45,979|
|||45,315|
|||7,359
183,573|
|||190,932|
This page does not form part of the statutory financial statements.
Page 11