REGISTERED CHARITY NUMBER: 1111341
Report of the Trustees and
Unaudited Financial Statements For The Year Ended 31 August 2020
for
Al -Jamatul-Muslimin of Bangladesh
Premier Accountancy The Straw Barn Upton End Business Park Meppershall Road Shillington Bedfordshire SG5 3PF
Al -Jamatul-Muslimin of Bangladesh
Contents of the Financial Statements For The Year Ended 31 August 2020
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement of Financial Activities | 10 | to | 11 |
Al -Jamatul-Muslimin of Bangladesh
Report of the Trustees
For The Year Ended 31 August 2020
The trustees present their report with the financial statements of 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
It is vital that we attract and maintain a variety of funds and funding sources to enable us to carry out both short and long term activities for the benefit of our users. We are keen to ensure that reserves are maintained at a viable level to allow us to support our activities including staffing for at least 6 months
ACHIEVEMENT AND PERFORMANCE
During the 2019-20 financial year, we have tendered the building works for the new extension and handed the contract to PDP Ltd to begin work on the extension.The extension work commenced in April 2020. Due to the coronavirus pandemic the progress of the works slowed down significantly. The estimated completion of the extension work is predicted to finish by April 2022. The estimated cost of the whole project is likely to be £750,000, £100,000 more than first estimated.
During 2020 it was a very hard time for the mosque due to the coronavirus pandemic. The income of the mosque for 2020 was significantly down due to total lockdowns and partial lockdowns. We have managed to fundraise more than £140,000 during the Ramadan of May 2020.
So far we are short of about £300,000 to complete the extension work. We will borrow interest free loans from the members of the community if sufficient funds aren't raised before the completion of the works and pay them back later on.
Apart from the extension work, we are also planning to refurbish the old buildings to match the new extension.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1111341
Principal address
4-8 St Georges Street Northampton Northamptonshire NN1 2TR
Trustees
A Shofique (Motowalli) M Ali (Ass Motowalli) G Uddin (Secretary) H Ali (Asst Secretary) A Ali (Treasurer)
Page 1
Al -Jamatul-Muslimin of Bangladesh
Report of the Trustees
For The Year Ended 31 August 2020
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Paul Byrne FCPA Premier Accountancy The Straw Barn Upton End Business Park Meppershall Road Shillington Bedfordshire SG5 3PF
FINANCIAL REVIEW
With individuals donating to the relative projects with all the recent improvements ans expenditure our bank balance has not been affected much, and is still very healthy.
Once again I would like to thank all those who where involved in raising the funds and of course all those who donated. Thank you all for your support and donations.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... A Ali (Treasurer) - Trustee
Page 2
Independent Examiner's Report to the Trustees of
Al -Jamatul-Muslimin of Bangladesh
Independent examiner's report to the trustees of Al -Jamatul-Muslimin of Bangladesh
I report to the charity trustees on my examination of the accounts of Al -Jamatul-Muslimin of Bangladesh (the Trust) for the year ended 31 August 2020.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of FCPA which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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.
Paul Byrne FCPA Premier Accountancy The Straw Barn Upton End Business Park Meppershall Road Shillington Bedfordshire SG5 3PF
Date: .............................................
Page 3
Al -Jamatul-Muslimin of Bangladesh
Statement of Financial Activities
For The Year Ended 31 August 2020
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 286,993 EXPENDITURE ON Raising funds 216,100 NET INCOME 70,893 RECONCILIATION OF FUNDS Total funds brought forward 433,668 TOTAL FUNDS CARRIED FORWARD 504,561 |
Restricted fund £ - - - - - |
2020 Total funds £ 286,993 216,100 70,893 433,668 504,561 |
2019 Total funds £ 254,746 114,708 |
|---|---|---|---|
| 140,038 293,630 |
|||
| 433,668 |
The notes form part of these financial statements
Page 4
Al -Jamatul-Muslimin of Bangladesh
Balance Sheet
31 August 2020
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 4 251,484 CURRENT ASSETS Cash at bank and in hand 253,077 NET CURRENT ASSETS 253,077 TOTAL ASSETS LESS CURRENT LIABILITIES 504,561 NET ASSETS 504,561 FUNDS 5 Unrestricted funds TOTAL FUNDS |
Restricted fund £ - - - - - |
2020 Total funds £ 251,484 253,077 253,077 504,561 504,561 504,561 504,561 |
2019 Total funds £ 251,484 182,184 |
|---|---|---|---|
| 182,184 | |||
| 433,668 | |||
| 433,668 | |||
| 433,668 | |||
| 433,668 |
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. A Ali (Treasurer) - Trustee
The notes form part of these financial statements
Page 5
Al -Jamatul-Muslimin of Bangladesh
Notes to the Financial Statements
For The Year Ended 31 August 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2020 nor for the year ended 31 August 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2020 nor for the year ended 31 August 2019.
Page 6
continued...
Al -Jamatul-Muslimin of Bangladesh
Notes to the Financial Statements - continued For The Year Ended 31 August 2020
| 3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 254,746 EXPENDITURE ON Raising funds 114,708 NET INCOME 140,038 RECONCILIATION OF FUNDS Total funds brought forward 293,630 TOTAL FUNDS CARRIED FORWARD 433,668 4. TANGIBLE FIXED ASSETS COST At 1 September 2019 and 31 August 2020 NET BOOK VALUE At 31 August 2020 At 31 August 2019 5. MOVEMENT IN FUNDS At 1.9.19 £ Unrestricted funds General fund 433,668 TOTAL FUNDS 433,668 |
Restricted fund £ - - - - - Net movement in funds £ 70,893 70,893 |
Total funds £ 254,746 114,708 140,038 293,630 433,668 Freehold property £ 251,484 251,484 251,484 At 31.8.20 £ 504,561 504,561 |
Total funds £ 254,746 114,708 |
|---|---|---|---|
| 140,038 293,630 |
|||
| 433,668 |
continued...
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Al -Jamatul-Muslimin of Bangladesh
Notes to the Financial Statements - continued For The Year Ended 31 August 2020
5. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 286,993 TOTAL FUNDS 286,993 Comparatives for movement in funds At 1.9.18 £ Unrestricted funds General fund 293,630 TOTAL FUNDS 293,630 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 254,746 TOTAL FUNDS 254,746 |
Resources Movement expended in funds £ £ (216,100) 70,893 (216,100) 70,893 Net movement At in funds 31.8.19 £ £ 140,038 433,668 140,038 433,668 Resources Movement expended in funds £ £ (114,708) 140,038 (114,708) 140,038 |
Resources Movement expended in funds £ £ (216,100) 70,893 (216,100) 70,893 Net movement At in funds 31.8.19 £ £ 140,038 433,668 140,038 433,668 Resources Movement expended in funds £ £ (114,708) 140,038 (114,708) 140,038 |
|---|---|---|
| 140,038 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.9.18 £ 293,630 293,630 |
Net movement in funds £ 210,931 210,931 |
At 31.8.20 £ 504,561 |
|---|---|---|---|
| 504,561 |
continued...
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Al -Jamatul-Muslimin of Bangladesh
Notes to the Financial Statements - continued For The Year Ended 31 August 2020
5. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 541,739 541,739 |
Resources Movement expended in funds £ £ (330,808) 210,931 (330,808) 210,931 |
Resources Movement expended in funds £ £ (330,808) 210,931 (330,808) 210,931 |
|---|---|---|---|
| 210,931 |
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2020.
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Al -Jamatul-Muslimin of Bangladesh
Detailed Statement of Financial Activities For The Year Ended 31 August 2020
| INCOME AND ENDOWMENTS Donations and legacies Gifts From donation box Friday collections Monthly collections Furlough claims Donations from public/various days Shobe Meraz 2019 Shobe Qadr 2020 Shobe-Borath 2020 Marriage fees Extension work donations Donation from funeral service Carpet donations Hijama donations NTV sponsors Election candidates nomination Election membership fees Frames sold Azann radio anallogue/ digital Eid ul Fitr 2019 Eid ul Adha 2019 Qarze hasanah Tabligh Jamaat Donations Terawee Donations Quran Shorif sold (1) Maktab & Hifz income 18/19 Darul Qirat 2019 income Key/other donatons/shop box Car parking money,Abdul Koddus AJM Funeral Services Veg auction Gas & cooking donations Gold donation (sold) Wudu Khana donations Ceiling fan donations Quran shortif sold Daily Taraweeeh collections Students Uniform sold Ramadam timetable sponsors/don Total incoming resources |
2020 £ 2 1,643 25,626 3,248 6,277 4,277 - 4,379 4,320 680 162,569 5,365 - - - - - - 2,920 - 2,181 20,000 212 - 20 13,177 - 407 - 28,976 439 75 - - - - - - 200 286,993 286,993 |
2019 £ (1) 3,304 42,815 3,550 - 5,714 1,035 4,822 5,665 720 110,033 - 1,320 180 1,500 900 850 40 4,970 2,015 1,701 - 272 5,730 - 16,191 9,450 306 500 25,020 288 210 1,100 310 700 10 2,514 132 880 254,746 254,746 |
|---|---|---|
This page does not form part of the statutory financial statements
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Al -Jamatul-Muslimin of Bangladesh
Detailed Statement of Financial Activities
For The Year Ended 31 August 2020
| EXPENDITURE Other trading activities Wages Groceries for Inmans foods Telephone General & water rates Building insurance Radio licence Light & heat Just giving fees Cold room (Cold room + buildin g works Planning application Cold room removal Print,post,stat,timetable Analogue transmitter Guest speakers Buildings maintenance Speakers for sound system Fire extinguisher service Printer repair 4 TVs installed NTV for ramadan fundraising AJM Funeral services Covid 19 PPE materials Carpets no 8 (top floor) Terawee (4 Hafiz) General expenses Bank transfer fees Lectern/podium Maktab expenses 2018/19 Maint of blocked drains Hadya to inmans Site survey,global survey New computer setup Website hostings Credit card terminal & transac Darul Qiart 2018 expenses Accountancy Builder for extension works Development costs Total resources expended Net income |
2020 £ 26,113 430 963 2,217 1,031 150 7,708 216 1,674 - 200 1,157 1,801 834 - - 340 - - 4,000 27,961 1,660 483 - 2,359 115 160 10,759 144 810 5,004 - 65 314 - 432 117,000 - 216,100 216,100 70,893 |
2019 £ 32,728 - 679 3,552 1,011 150 7,240 54 2,338 254 - 1,541 - - 614 80 - 158 2,820 3,500 22,558 1,188 2,175 4,850 1,056 - - 15,454 - - 1,500 100 60 375 7,484 989 - 200 |
|---|---|---|
| 114,708 | ||
| 114,708 | ||
| 140,038 |
This page does not form part of the statutory financial statements
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