REGISTERED CHARITY NUMBER: 1111341
Report of the Trustees and
Unaudited Financial Statements For The Year Ended 31 August 2021
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
Report of the Trustees
For The Year Ended 31 August 2021
The trustees present their report with the financial statements of the charity for the year ended 31 August 2021. 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 2020-21, the extension work was in progress, due to Covid-19,the work was delayed and the cost has also risen due to the price of materials going up considerably,alongside the extension work,we have also started renovating the existing old building,we have made an appeal to public for donations ,during the year we have managed to raise more than £100,000, the extension work is expected to finish by July 23, after the work is finished , we will have two large prayer halls,a female prayer hall with kids play room.
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)
Independent Examiner
Paul Byrne FCPA Premier Accountancy The Straw Barn Upton End Business Park Meppershall Road Shillington Bedfordshire SG5 3PF
Page 1
Al -Jamatul-Muslimin of Bangladesh
Report of the Trustees
For The Year Ended 31 August 2021
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 2021.
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 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 351,686 EXPENDITURE ON Raising funds 373,225 NET INCOME/(EXPENDITURE) (21,539) RECONCILIATION OF FUNDS Total funds brought forward 504,561 TOTAL FUNDS CARRIED FORWARD 483,022 |
Restricted fund £ - - - - - |
2021 Total funds £ 351,686 373,225 (21,539) 504,561 483,022 |
2020 Total funds £ 286,993 216,100 70,893 433,668 504,561 |
|---|---|---|---|
The notes form part of these financial statements
Page 4
Al -Jamatul-Muslimin of Bangladesh
Balance Sheet
31 August 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 4 251,484 CURRENT ASSETS Cash at bank and in hand 231,537 CREDITORS Amounts falling due within one year 5 1 NET CURRENT ASSETS 231,538 TOTAL ASSETS LESS CURRENT LIABILITIES 483,022 NET ASSETS 483,022 FUNDS 6 Unrestricted funds TOTAL FUNDS |
Restricted fund £ - - - - - - |
2021 Total funds £ 251,484 231,537 1 231,538 483,022 483,022 483,022 483,022 |
2020 Total funds £ 251,484 253,077 - 253,077 504,561 504,561 504,561 504,561 |
|---|---|---|---|
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 2021
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 2021 nor for the year ended 31 August 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.
continued...
Page 6
Al -Jamatul-Muslimin of Bangladesh
Notes to the Financial Statements - continued
For The Year Ended 31 August 2021
| 3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ 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 4. TANGIBLE FIXED ASSETS COST At 1 September 2020 and 31 August 2021 NET BOOK VALUE At 31 August 2021 At 31 August 2020 |
Restricted fund £ - - - - - |
Total funds £ 286,993 216,100 70,893 433,668 504,561 Freehold property £ 251,484 251,484 251,484 |
|---|---|---|
continued...
Page 7
Al -Jamatul-Muslimin of Bangladesh
Notes to the Financial Statements - continued For The Year Ended 31 August 2021
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors 6. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS |
At 1.9.20 £ 504,561 504,561 Incoming resources £ 351,686 351,686 At 1.9.19 £ 433,668 433,668 |
2021 2020 £ £ (1) - Net movement At in funds 31.8.21 £ £ (21,539) 483,022 (21,539) 483,022 Resources Movement expended in funds £ £ (373,225) (21,539) (373,225) (21,539) Net movement At in funds 31.8.20 £ £ 70,893 504,561 70,893 504,561 |
|---|---|---|
continued...
Page 8
Al -Jamatul-Muslimin of Bangladesh
Notes to the Financial Statements - continued For The Year Ended 31 August 2021
6. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 286,993 286,993 |
Resources Movement expended in funds £ £ (216,100) 70,893 (216,100) 70,893 |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.9.19 £ 433,668 433,668 |
Net movement in funds £ 49,354 49,354 |
At 31.8.21 £ 483,022 483,022 |
|---|---|---|---|
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 £ 638,679 638,679 |
Resources Movement expended in funds £ £ (589,325) 49,354 (589,325) 49,354 |
|---|---|---|
continued...
Page 9
Al -Jamatul-Muslimin of Bangladesh
Notes to the Financial Statements - continued
For The Year Ended 31 August 2021
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2021.
Page 10
Al -Jamatul-Muslimin of Bangladesh
Detailed Statement of Financial Activities
For The Year Ended 31 August 2021
| INCOME AND ENDOWMENTS Donations and legacies Gifts From donation box Friday collections Monthly collections Furlough claims PPE donations for covid 19 Shobe Meraz 2021 Shobe Qadr 2021 Shobe-Borath 2021 Marriage fees Extension work donations Donation from funeral service Washroom donations Nebuliser donations Furlough grants Membership fees 2020 Azann radio anallogue/ digital Eid ul Fitr 2019 Eid ul Adha 2021 Qarze hasanah Tabligh Jamaat Donations Terawee Donations Quran Shorif sold (1) Maktab & Hifz income 20/21 Darul Qirat 2019 income Key/other donatons/shop box AJM Funeral Services Veg auction Gas & cooking donations Daily Taraweeeh collections Ramadam timetable sponsors/don Total incoming resources EXPENDITURE Other trading activities Wages Groceries for Inmans foods Carried forward |
2021 £ 1 1,916 37,645 3,157 - 11,983 770 6,175 4,486 1,200 154,196 - 18,750 1,045 16,674 100 3,790 3,503 2,878 - - 3,850 - 5,292 7,627 - 62,942 220 - 2,836 650 351,686 351,686 19,559 1,007 20,566 |
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 26,113 430 26,543 |
|---|---|---|
This page does not form part of the statutory financial statements
Page 11
Al -Jamatul-Muslimin of Bangladesh
Detailed Statement of Financial Activities
For The Year Ended 31 August 2021
| Other trading activities Brought forward Sound system Telephone General & water rates Building insurance Radio licence Light & heat Front window deposit Just giving fees Cold room (Cold room + buildin g works Mic clip Cold room removal Print,post,stat,timetable Analogue transmitter Guest speakers Fire exit staircase removal Builder for extension work Washroom works Fire extinguisher service General expenses Cold room refitted 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 2020/21 Maint of blocked drains Hadya to inmans Site survey,global survey Website hostings Credit card terminal & transac Darul Qiart 2021 expenses Accountancy Builder for extension works Total resources expended Net (expenditure)/income |
2021 £ 20,566 360 1,176 2,026 1,020 150 6,149 3,000 216 - 15 - 2,155 - - 1,920 252,000 18,750 - 1,093 350 4,000 37,157 1,685 - 3,400 - 75 - 4,467 - 3,990 - 114 251 5,591 1,549 - 373,225 373,225 (21,539) |
2020 £ 26,543 - 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 |
|---|---|---|
This page does not form part of the statutory financial statements
Page 12
Al -Jamatul-Muslimin of Bangladesh
Contents of the Financial Statements For The Year Ended 31 August 2021
| 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 | 10 |
| Detailed Statement of Financial Activities | 11 | to | 12 |