2023-04-06-accounts - Bexhill Islamic Association

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Registered Charity Number: 1109609

BEXHILL ISLAMIC ASSOCIATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 06 APRIL 2023

Prepared By:

SF Accountant Limited Chartered Certified Accountants and Tax Advisors The Generator Business Centre, Unit 20 95 Miles Road, Mitcham, Surrey CR4 3FH

Bexhill Islamic Association Financial Statements for the year ended 06 April 2023

INFORMATION OF THE FINANCIAL STATEMENTS

MANAGEMENT COMMITTEE

Trustees: Abul Kalam Azad – Chair Mohammed Zakir Hussain Azad Ahmedur Reja Chowdhury

Address : 1 Clifford Road, Bexhill on Sea, TN40 1QA

Banker: NatWest Bank Plc.

Independent Examiner:

SF Accountant Limited

The Generator Business Centre Unit 20, 95 Miles Road, Mitcham, Surrey CR4 3FH

Bexhill Islamic Association

Financial Statements for the year ended 06 April 2023

CONTENTS	Page
Report of the Executive Committee	4
Independent Examiner's Report	6
Income and Expenditure Accounts	8
Statement of Assets and Liabilities	9
Notes to the Accounts	10

Bexhill Islamic Association Financial Statements for the year ended 06 April 2023

Trustees' Annual Report

Background

Bexhill Islamic Association was founded in 2002 to serve the Muslim Community of Bexhill and surrounding areas of Rother district in the county of East Sussex in United Kingdom. We first held the congregational Jumuah prayers on 7[th] January 2003 by hiring the local scout hall in Buckhurst Road. Alhamdulillah, by the Grace of Almighty Allah, the number of worshippers at Salat-ul-Jumuah has increased since we started.

The constitution approved by the community was registered with the Charity Commission for England and Wales who confirmed our charitable status with effect from 23 May 2005.

From the outset our community had a clear vision to establish a local mosque and an Islamic cultural centre to enable us to hold five daily congregational prayers. In the absence of a permanent place the community has not been able to do this. The management made a number of enquiries to locate a piece of land or a suitable property for the proposed Masjid/community centre. The demand of an Islamic Centre in the Bexhill area had been put forward to Rother District Council in the past at a number of meetings.

Governance and Management

The charity is operated under the rules of its constitution adopted 16[th] May 2004, amended 25[th] November 2012, with further amendments 8[th] June 2014. Trustees are elected according to the provisions laid out in the constitution.

Objects

a) The advancement of Islamic Religion
b) To provide proper facilities (mosque) for congregational prayers for men and women
c) To provide community centre for Islamic education for adults and children
d) The relief of poverty hardship and distress

Summary of the main activities undertaken for the public benefit

a) To provide proper facilities for congregational prayers for men and women
b) To provide and maintain a Mosque and Community Centre for Islamic education for children and adults
c) To establish and maintain an Islamic library
d) To preserve the Islamic culture and tradition in accordance with the Qur’an and the practice of the prophet Muhammad (peace and blessings of Allah be upon him)
e) To provide religious support for funeral and burial services and to organise Eid festivals, marriage and other religious ceremonies
f) To co-operate and co-ordinate with other Islamic organisations who have similar aims and objectives

Bexhill Islamic Association

Financial Statements for the year ended 06 April 2023

g) To arrange lectures, meetings and seminars in the nature of religious and Islamic Education
h) To promote facilities for the benefit of individuals in the advancement of education and leisure time activities

We are grateful for the financial support, small and large, from local and outside sources, in particular to London Iqra Academy. We continue to hire the facilities at Bexhill Youth & Community Centre, 10 Station Road, Bexhill on Sea, TN40 1RE, for Taraweeh prayers and Eid festivals.

The community has been greatly affected by lock down from March 2020 to control the spread of COVID-19. In line with the most recent advice from the Government we had to suspend all activities and close the Islamic Centre until further notice.

In spite of the Covid-19 Bexhill Islamic Association has been appealing to the local and UK communities to come forward and donate generously towards the repayment of the loan to London Iqra Academy and for essential capital expenditure for the renovation work and comply with statutory regulations.

Signed on behalf of the charity's trustees: on 06/02/2024

Abul Kalam Azad-Chair

Mohammed Zakir Hussain Azad

Bexhill Islamic Association Financial Statements for the year ended 06 April 2023

Independent Examiner's report to the trustees

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”). The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed .

It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and

to state whether particular matters have come to my attention

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 the 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.

Basis of independent examiner’s statement

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the
Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form
and content of accounts set out in the Charities (Accounts and Reports) Regulations

Bexhill Islamic Association

Financial Statements for the year ended 06 April 2023

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.

SF Accountant Limited

The Generator Business Centre, Unit 20

95 Miles Road, Mitcham, Surrey CR4 3FH

Date 06/02/2024

Bexhill Islamic Association

Financial Statements for the year ended 06 April 2023

INCOME AND EXPENDITURE ACCOUNT

Receipts Un-restricted £ Restricted £ Donation received 53,507 - Friday collection 9,378 - Rental income 10,140 - Total 73,025 - Less: Payments Wages 13,960 - Light & heat 5,468 - Water 1,310 - Bank charges - - Card machine charges 198 - Telephone & internet 279 - Insurance 643 - Legal costs 750 - Printing and stationery TV appeal 9 - - - Repairs Accountancy - 150 - - Sundry 941 - Total 23,708 Excess of Income over Expenditure 49,317 -	2023 £ 53,507 9,378 10,140 73,025 13,960 5,468 1,310 - 198 279 643 750 9 - - 150 941 23,708 49,317	2022 £ 30,066 7,378 10,800 48,244 10,799 5,010 2,052 - - 286 2,026 - - - 189 150 303 20,815 27,428

Bexhill Islamic Association

Financial Statements for the year ended 06 April 2023

STATEMENT OF ASSETS AND LIABILITIES

NOTE Fixed Assets Land & Building 2 Current Assets Cash at Bank Current Liabilities Amount failing due within one year Net Current Assets Creditors Amount failing due after more than one year 3 Net Assets Funds: Reserve B/FWD Surplus Total Funds Signed on behalf of the charity's trustees on 06/02/2024 Abul Kalam Azad-Chair	2023 £ 397,364 1,071 - 1,071 - 398,435 349,118 49,317 349,435	2022 £ 397,364 133 - 133 48,379 349,118 321,690 27,428 349,118

Mohammed Zakir Hussain Azad

Bexhill Islamic Association

Financial Statements for the year ended 06 April 2023

FOR THE YEAR ENDED 06 April 2023

NOTES TO THE ACCOUNTS

1. ACCOUNTING POLICIES

The financial statements have been compiled in accordance with the general directions given

by the Charity Commission and with the Statements of recommended Practice.

a. Basis of Accounting

The accounts have been prepared under the historical cost convention of accounting.

b. Grants

Revenue grants are credited to the Income and Expenditure account on a receivable basis.

c. Donations

Donations are recorded on a receipt basis.

d. Depreciation

No Depreciation to be charged on Fixtures and Fittings and Building Construction.

2. Land & Building: The building at 1 Clifford Road, Bexhill-On-Sea TN40 1QA has been bought on behalf of Bexhill Islamic Association by London Iqra Academy. An agreement is in place between the two parties detailing the repayment schedule. When all repayments have been made, the property will be transferred into the ownership of Bexhill Islamic Association.

3. Liabilities: Loan from London Iqra Academy in relation to purchase of the land and building.

4. Trustees' remuneration: Trustees' have not received any remuneration or benefits during the period.