| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 3 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 7 | to | 11 |
| Detailed Statement ofFinancial Activities | 12 | to | 13 |
| INDEPENDENT | EXAMINER | Girach &Merman Ltd | Girach &Merman Ltd |
|---|---|---|---|
| Chartered | Certified Accountants | ||
| 1 Mychell | House, Pincott Road | ||
| Wimbledon | |||
| London | |||
| SW192NN |
| 31.7.20 | 31.7.19 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | fund | funds | funds | ||||
| Notes | 8 | ||||||
| INCOME AND ENDOWMENTS FROM | |||||||
| Donations and legacies |
258,431 | 73,967 | 332,398 | 259,533 | |||
| Other activities | 7,635 | 36,627 | 44,262 | 56,620 | |||
| Rents Received | ~51 500 | ~51500 | ~56967 | ||||
| Other Income —JRSGrant | 32,239 | 32,239 | 410,000 | ||||
| Total | 349,805 | 110,594 | 460,399 | 783,120 | |||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Charitable Causes |
322,472 | 99,640 | 422,112 | 377,912 | |||
| Evening School | 42,459 | 42,459 | 7,264 | ||||
| Gym Maintenance | 530 | 530 | 1,530 | ||||
| Total | 323,002 | 142,099 | 465,101 | 386,706 | |||
| NET INCOME/(EXPENDITURE) | 26,803 | (31,505) | (4,702) | 396,414 | |||
| RECONCILIATION | OFFUNDS | ||||||
| Total funds brought | forward | 780,446 | 5,467 | 785,913 | 389,499 | ||
| Transfer Between Funds (Unrestricted | to Restricted) | (27,154) | 27,154 | ||||
| TOTAL FUNDS CARRIED FORWARD | ~780 095 | ~1116 | ~781 211 | ~785913 |
| 31.7.20 | 31.7.19 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Notes | fundsf | fundf | fundsf | fundsf | |
| FIXEDASSETS | |||||
| Tangible assets | 32,095 | 32,095 | 31,054 | ||
| CURRENT ASSETS | |||||
| Debtors | 397,887 | 397,887 | 438,906 | ||
| Cash at bank | ~358 173 | ~359289 | ~320 191 | ||
| 756,060 | 1,116 | 757,176 | 759,097 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(8,060) | (7,112) | (4,238) | ||
| NET CURRENT ASSETS | ~748 000 | ~749 116 | ~754 859 | ||
| TOTAL ASSETSLESSCURRENT LIABILITIES | 780,095 | 1,116 | 781,211 | 785,913 | |
| NET ASSETS | ~780 095 | ~781 211 | ~785 913 | ||
| FUNDS | |||||
| Unrestricted funds: |
|||||
| General Funds | 780,095 | 780,446 | |||
| Restricted funds: Sadka, Zakat &School Funds |
1 116 | ~5467 | |||
| TOTALFUNDS | ~781 211 | ~785 913 |
| OTHER ACTIV | ITIES | ||
|---|---|---|---|
| 31.7.20 | 31.7.19 | ||
| Gym Membership | Fee | 7,635 | 8,870 |
| Evening School Contributions | ~36 627 | ~47750 | |
| ~44 262 | ~56620 |
| The average monthly number ofem |
ployees during the year was as |
follows: | ||
|---|---|---|---|---|
| 31.7.20 | 31.7.19 | |||
| Administrative Staff |
2 | 2 | ||
| Imams | 2 | 2 | ||
| Teachers | 9 | 11 | ||
| 13 | 15 | |||
| No employees received emoluments |
in excess off60,000. | |||
| COMPARATIVES FORTHE STATEMENT OF FINANCIAL | ACTIVITIES | |||
| Unrestricted | Restricted | Total | ||
| funds | fund | fundsf | ||
| INCOME AND ENDOWMENTS | FROM | |||
| Donations and legacies |
258,431 | 73,967 | 295,719 | |
| Other activities | 7,635 | 36,627 | 44,262 | |
| Rents Received | 51,500 | 51,500 | ||
| Other Income —JRSGrant | ~32 239 | ~32239 | ||
| Total | 349,805 | 110,594 | 460,399 | |
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| Charitable Causes |
322,472 | 99,640 | 422,112 | |
| Evening School Gym Maintenance |
530 | 42,459 | 42,459 530 |
|
| Total | 323,002 | 142,099 | 465,101 |
| COMPARATIVES FORTHE STATEMENT OF FINANCIAL | COMPARATIVES FORTHE STATEMENT OF FINANCIAL | COMPARATIVES FORTHE STATEMENT OF FINANCIAL | ACTIVITIES -continued | ACTIVITIES -continued | ||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| funds | fund f, |
fundsf | ||||
| NET INCOME | 26,803 | (31,505) | (4,702) | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 780,446 | 5,467 | 785,913 | ||
| Transfer Between Funds (Unrestricted | to Restricted) | (27,154) | 27,154 | |||
| TOTAL FUNDS CARRIED FORWARD | ~780 095 | ~1 116 | 781211 | |||
| 6. | TANGIBLE FIXED | ASSETS | ||||
| Fixtures | ||||||
| Freehold | and | Computer | ||||
| property | fittings | equipment | Totals | |||
| COST | ||||||
| At 1 August 2019 Additions |
10,000 | 20,208 ~7053 |
846 ~1558 |
31,054 8611 |
||
| At 31 July 2020 | ~10000 | ~27261 | ~2404 | ~39665 | ||
| DEPRECIATION | ||||||
| At 1 August 2019 Charge for year |
17,316 6816 |
2,618 754 |
19,934 7569 |
|||
| At 31 July 2020 | ~24 132 | ~3372 | 27 503 | |||
| DISPOSAL | ||||||
| At 31 July 2020 | ||||||
| NET BOOK VALUE At 31 July 2020 |
~10 000 | ~20445 | ~1650 | 32 095 | ||
| At 31 July 2019 | ~10000 | 20 208 | 846 | ~31054 |
| DEBTORS | |||||
|---|---|---|---|---|---|
| 31.7.20 | 31.7.19 | ||||
| Amounts falling |
due within one | year: | |||
| Prepayments | 10806 | ||||
| Amounts falling |
due atter more than one year: | ||||
| Loan to staff | ~17000 | ~12000 | |||
| Other Debtors | 3~80 887 | 4~16000 | |||
| Aggregate amounts |
3~97887 | 438906 | |||
| CREDITORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.7.20 | 31.7.19 | ||||
| f | |||||
| Trade creditors | 966 | 2,082 | |||
| Taxation and social security Other Creditors |
(770) ~7864 |
(344) 2 500 |
|||
| ~8060 | 3368 | ||||
| MOVEMENT | IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.8.19 | in funds | 31.7.20 | |||
| f | 6 | ||||
| Unrestricted funds |
|||||
| General Funds | 780,446 | (351) | 780,095 | ||
| Restricted funds | |||||
| Sadka, Zakat &School Funds | 5,467 | (4,351) | 1,116 | ||
| TOTAL FUNDS | ~785913 | ~4702) | ~781 211 | ||
| Net movement | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Transfers | Movement | ||
| resources f |
expended f |
in funds f. |
|||
| Unrestricted funds |
|||||
| General Funds | 349,805 | (323,002) | (27,154) | (351) | |
| Restricted funds |
|||||
| Sadka, Zakat &School Funds | 110,594 | (142,099) | 27,154 | (4,351) | |
| TOTAL FUNDS | 460,399 | ~465 101) | ~4702) |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.8.18 | in funds | 31.7.19 | ||||
| f, | f. | |||||
| Unrestricted | funds | |||||
| General Funds | 376,092 | 404,354 | 780,446 | |||
| Restricted funds |
||||||
| Sadka, Zakat | tk School Funds | 13,407 | (7,940) | 5,467 | ||
| TOTAL FUNDS | ~389 499 | ~396414 | ~785 913 | |||
| Comparative | net movement | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | ||||
| resources f |
expended | in funds | ||||
| Unrestricted | funds | |||||
| General Funds | 696,750 | (292,396) | 404,354 | |||
| Restricted funds | ||||||
| Sadka, Zakat | &School Funds | 86,370 | (94,310) | (7,940) | ||
| TOTAL FUNDS | ~783 120 | ~386706) | ~396414 |
| 31.7.20 | 31.7.19 | ||
|---|---|---|---|
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Zakat Sadka &Fitrana Donation | 29,166 | 34,745 | |
| Donations | 221,752 | 132,408 | |
| Gilt aid | 36,679 | 23,115 | |
| Friday Collection | ~44 801 | ~69 265 | |
| 332,398 | 259,533 | ||
| Other activities | |||
| Gym Membership Fee Evening School Contributions |
7,635 ~36 627 |
8,870 47 750 |
|
| 44,262 | 56,620 | ||
| Rents Received | |||
| Hall hire | 1,240 | ||
| Rents Received | ~51 500 | 55727 | |
| ~51 500 | ~56967 | ||
| Other Income | |||
| Worcester Park Project | 410,000 | ||
| JRS Grant | 32,239 | ||
| Total incoming resources |
460,399 | 783,120 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| StaffWages and Teachers Costs Social security Rates and water |
94,691 5,856 6,722 |
85,769 5,862 4,115 |
|
| Insurance | 12,392 | 14,394 | |
| Light and heat Community Events Donations to UK Charities UnRestricted |
Funds | 10,431 4,678 |
12,845 4,436 250 |
| Evening School Gym Maintenance Lift Maintenance |
2,516 845 3,395 |
3,909 1,530 3,586 |
|
| Cleaning Repairs &Maintenance Caretaker Wages Travel |
4,902 88,694 12,000 572 |
21,151 27,260 18,773 |
|
| Fire &Safety Carried forward |
338 248,032 |
571 204,451 |
| 31.7.20 | 31.7.19 | ||
|---|---|---|---|
| 8 | |||
| Charitable activities |
|||
| Brought forward | 248,032 | 204,451 | |
| Ramadan &Hospitality | Costs | 5,276 | 23,419 |
| Donations toUK Charities Restricted Funds | 99,694 | 40,871 | |
| Waste Management | 288 | 931 | |
| Charitable Kitchen |
7,280 | 3,981 | |
| Funeral Services | 2,450 | ||
| Staff Training | 673 | ||
| 360,570 | 276,776 | ||
| Management Costs |
|||
| Wages | 36,000 | 45,037 | |
| Telephone | 1,639 | 1,721 | |
| Postage and stationery | 936 | 617 | |
| Books | 801 | ||
| Sundries | 2,003 | 1,172 | |
| Computer Costs |
431 | 357 | |
| Staff Costs | 168 | 343 | |
| Professional fees |
179 | ||
| Payroll Costs | 1,524 | 1,140 | |
| Letting &Management | Fee-Flats | 720 | 660 |
| Service Charges | 4,100 | ||
| Rent | ~50 000 | ~50 000 | |
| 94,401 | 105,147 | ||
| Finance | |||
| Bank charges | 61 | I | |
| Fixtures and fittings | 6,815 | 1,736 | |
| Computer equipment |
754 | 546 | |
| 7,630 | 2,283 | ||
| Governance costs Accountancy and legal |
fees | 2500 | ~2500 |
| Total resources expended | ~465 101 | ~386706 | |
| Net (expenditure)/income | ~4702) | 396414 |