2023-03-31-accounts - Southampton Medina Mosque Trust Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

					2023	2022
Net income					18,842	21,178
Unrestricted Revenue Funds available general purposes ofthe charity				for the	3,654,880	3,636,037

year ended 31	Marc	h	2023,as	required by t	he Companies Ac	t 2006)
			Spnp Rsf	Current year Unrestricted	Current year Restricted	Current year TotslFunds	Prior Year Total Funds
				Funds	Funds
				2023	2023	2023	2022
				s	s	c	f
Income 8 Endowments		from:
Donations & Legacies				98,549		98,549	101,293
Charitable activities				7,690		7,690	3,463
Total income			A	106,239		106,239	104,756
Expenditure on:
Charitable activities				67,397		87,397	83,578
Other
Tax on surplus on ordinary			activities
Other taxation
Total expenditure			B	87,397		87,397	83,578
Net income for the	year			18,842		18,842	21,178
Net income after transfers			A-B-C	18,842		18,842	21,178
Net movement in funds				18,842		18,842	21,178
Reconciliation offunds:-
Total funds brought	forward			3,636,037		3,636,037	3,614,857
Total funds carried	forward			3,654,879		3,654,879	3,636,035

March 2023t	owards fixed ass	ets for	Charity use:-
				2023	2022
				f
Funds generated	in the year as detailed	in the SOFA		18,842	21,178
Net resources	available to fund charitable		activities	18,842	21,178

Revenue a	ccumulate	d	funds
				Unrestricted	Restricted	Total	Last year
				Funds	Funds	Funds	Total Funds
				2023	2023	2023	2022
				6	f	f
Accumulated	funds brought		forward	3,636,037		3,636,037	3,614,857
Recognised	gains and losses before			18,842		18,842	21,178
transfers				3,654,879		3,654,879	3,636,035
Closing revenue funds				3,654,879		3,654,879	3,636,035
Summary	of funds			Unrestricted	Restricted	Total	Last Year
				and	Funds	Funds	Total Funds
				Designated funds
				2023	2023	2023	2022
				f	f	f	f
Revenue accumulated		funds		3,654,879		3,654,879	3,636,035

Companies Act 20	06
							2023	2022
							F	E
Income
Income from operations							106,239	104,756
Refunds from HMRC on	gift aided donations
Investment income
Gross income in the year		before exceptional		items			106,239	104,756
Gross income in the year		including	exceptional		items		106,239	104,756
Expenditure
Charitable expenditure,	excluding depreciation			and amortisation			84,338	80,410
Depreciation and amortisation							1,859	1,968
Fundraising costs
Governance costs							1,200	1,200
Realised losses on disposals ofsocial investments					which are programme	related
Total expenditure in	the year						87,397	83,578
Net income before tax	In	the financial year					18,842	21,178
Tax on surplus on ordinary		activities
Net income after tax in	the financial		year				18,842	21,178
Retained surplus for	the financial year						18,842	21,178
All activities derive from		continuing	operations

			SORP
		Note	Ref		2023	2022
Fixed assets
Tangible assets					3,431,241	3,433,101
Current assets
Debtors		10		23,133	23,125
Cash at bank and in hand				200,805	180,111
Total current assets				223,938	203,236
Creditors: amounts	falling due within
one year				(300)	(300)
Net current assets					223,638	202,936
The total net assets	ofthe charity				3,654,879	3,636,037
The total net assets	ofthe charity are	funded	by the	funds ofthe	charity, as follows:-
Restricted funds
Unrestricted Funds
Unrestricted Revenue	Funds	14		3,654,879	3,636,037
					3,654,879	3,636,037
Designated Funds
Total charity funds					3,654,879	3,636,037

2023	2022
	f.

Cunent Year	Land and Buildings	Plant 8 Machinery	Motor Vehicles	Total	Total
Cost
At 1 April 2022	3,446,581	41,916		3,488,497	3,488,497
At 31 INarch 2023	3,446,581	41,916		3,488,497	3,488,497
Depreciation
At 1 April 2022	14,789	40,608		55,397	55,397
Charge for the year	1,532	327		1,859	1,859
At 31 INarch 2023	16,321	40,935		57,256	57,256
Net book value
At 31 March 2023	3,430,260	981		3,431,241	3,431,241
At 31 INarch 2022	3,431,792	1,308		3,433,100	3,433,100
Prior Year	Land and Buildings	Plant & Machinery	Motor Vehicles	Total	Total
	f
Cost
01 April 2021	3,446,581	41,916		3,488,497	3,488,497
Additions
Transfers to fixed assets
Surplus on revaluation
Disposals
31 March 2022	3,446,581	41,916		3,488,497	3,488,497
Depreciation	10,194	38,616		49,010
Net book value	3,436,387	3,100		3,439,487

No 10	tes to the A Debtors	ccounts	for	the year ended 31 INarch 2023
					2023	2022
					f	f.
	Trade debtors				22,804	22,804
	Prepayments	and accrued income			329	321
	Other debtors
					23,133	23,125
11	Creditors: amounts		falling due within one year		2023 f	2022f
	Trade creditors
	PAYE, NIC VAT and other taxes
					300	300
12	Income and	Expenditure		account summary	2023f	2022f
	At 1 April 2022				3,636,035	3,614,857
	Surplus after	tax for the	year		18,842	21,178
	At 31 March	2023			3,654,877	3,636,035

At 31 March 2023	At 31 March 2023	Unrestricted	Designated	Restricted	Total	Total
		funds	funds	funds	Funds	Funds
		f				f
Tangible	Fixed Assets	3,431,241			3,431,241	3,431,241
Current	Assets	223,938			223,938	223,938
Current	Liabilities	(300)			(300)	(300)
		3,654,879			3,654,879	3,654,879
At 1 April 2022		Unrestricted	Designated	Restricted	Total	Total
		funds f	funds f	fundsf	Funds f	Funds f
Tangible	Fixed Assets	3,433,100			3,433,100	3,433,100
Current	Assets	203,236			203,236	203,236
Current	Liabilities	(300)			(300)	(300)
		3,636,036			3,636,036	3,636,036

Change in	total f	un	ds ove	r the	year as show	n in Note 13,analys	ed by individu	ed by individu	al funds	al funds
						Funds	Movement in		Transfers		Funds carried	Funds carried
						brought	funds	in 2023	between		forward to	forward to
						forward from			funds	in 2023	2024	2024
						2022
							See Note 15		See Note 0
								E		f
Unrestricted	and designated			funds:-
Unrestricted	Revenue		Funds			3,636,037		16,642			3,654,879	3,654,879
Total unrestricted		and designated			funds	3,636,037		18,842			3,654,879	3,654,879
Total charity	funds					3,636,037		18,842			3,654,879	3,654,879

Analysis o	f movem	ents in	funds over the ye	ar as shown in Note	14
						Other
				Income	Expenditure	Gains &	Movement	Movement
						Losses	in tunds	in funds
				2023	2023	2023	2023	2023
				E	E	E	E
Unrestricted	and designated		funds:-
Unrestricted	Revenue	Funds		106,239	(87,397)		18,842	18,842
				106,239	(87,397)		18,842	18,842

17	Donations,	Grants and	Legacies	Legacies
					Current year	Current year	Current year	Prior Year
					Unrestricted	Restricted	Total Funds	Total Funds
					Funds	Funds
					2023	2023	2023	2022
	Donations and gifts from		individuals
	Small donations individually		less than	f1000	47,836		47,836	47,836
	Refunds from HMRC on gift		aided donations
	Total donations and gifts individuals		from		98,549		98,549	86,336
	Job Retention	Scheme receipts
	Total Donations, Grants and			Legacies
	Total Donations, Grants Legacies		and		98,549		98,549	101,293
18	Income from	charitable	activities	- Trading	Activities
	Current year				Current year	Current year	Current year	Prior Year
					Unrestricted	Restricted	Tots I Funds	Total funds
					Funds	Funds
					2023	2023	2023	2022
	Primary purpose and ancillary trading
	Car parking				7,690		7,690	3,463
	Total Primary trading	purpose and	ancillary		7,690		7,690	3,463
19	Total income	from charitable activities
					Current year	Current year	Current year	Prior Year
	Current year				Unrestricted Funds	Restricted Funds	Total Funds	Total Funds
					2023	2023	2023	2022
	Total income from charitable		trading		7,690		7,690	3,463
	Total from charitable activities			A2	7,690		7,690	3,463
20	Expenditure	on charitable activities - Direct			spending
					Current year	Current year	Current year	Prior Year
					Unrestricted	Restricted	Total Funds	Total Funds
	Current Year				Funds	Funds
					2023	2023	2023	2022

	Gross wages and salaries activities	-	charitable	charitable	34,808		34,808	34,808	47,208
	Employers' Nl - Charitable	activities							74
	Defined contribution pension charitable activities		costs-		764			764	1,042
	Imam and Madrasa support		costs						333
	Speaker travel				126			126	200
	Children's trips
	Refreshments				2,538		2,538
	MCB Affiliation fee
	Total direct spending			B2a	52,098		52,098		51,692
21	Support costs for charitable activities
					Current year	Current year	Current	year	Prior Year
					Unrestricted	Restricted	Total Funds		Total Funds
	Current Year				Funds	Funds
					2023	2023	2023		2022
					f	t	8
	Premises Expenses
	Rates and water charges				2,005		2,005		750
	Room Hire for Imams
	Light heat and power				15,917		15,917		9,681
	Cleaning and waste management				6,942		6,942		5,270
	Premises repairs, renewals maintenance		and		2,781		2,781		7,699
	Property insurance				2,662		2,662		2,600
	Administrative overheads
	Telephone, fax and internet				328			328	275
	Stationery and printing				393			393	493
	Sundry expenses
	Professional fees paid to	advisors other than the auditor orexaminer
	Accountancy fees other than examination or audit fees							900	900
	Payroll fees				300			300	300
	Financial costs
	Depreciation 8 Amortisation		in total for		1,859		1,859		1,968
	Support costs before reallocation				34,099		34,099		30,686
	Less support costs reallocated			to specific activities
	To charitable trading costs
	To grant making costs
	To costs of raising funds
	To non charitable costs
	Total support costs - Current Year				34,099		34,099		30,686

	Current year	Current year	Current year	Prior Year
Current Year	Unrestricted Funds	Restricted Funds	TotalFunds	Total Funds
	2023	2023	2023	2022
independent Examiner's fees	1,200		1,200	1,200
Total Governance costs	1,200		1,200	1,200

Total Charitable	expenditure
			Current year	Current year	Current year	Prior Year
Current Year			Unrestricted Funds	Restricted Funds	Total Funds	Total Funds
			2023	2023	2023	2022
					6
Total direct spending		82a	52,098		52,098	51,692
Total support costs		82d	34,099		34,099	30,686
Total Governance	costs	82e	1,200		1,200	1,200
Total charitable expenditure		82	87,397		87,397	83,578

All the	expenditu	re in the prior ye	ar was unrestricted.
				Prior Year	Prior Year	Prior Year
				Unrestricted	Restricted	Total Funds
Prior	Year			Funds	Funds
				2022	2022	2022
Total	direct spending		82a	51,692		51,692
Total	support	costs	82d	30,686		30,686
Total	Governance costs		82e	1,200		1,200
Total	charitable	expenditure	82	83,578		83,578