2021-07-31-accounts - Morden Islamic Centre

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		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

						31.7.21	31.7.20
				Unrestricted	Restricted	Total	Total
				funds	fund	funds	funds
			Notes				E
INCOME AND ENDOWMENTS FROM
Donations and legacies				184,958	36,661	221,619	332,398
Other activities				4,260	22,104	26,364	44,262
Income from Flats				58 950		58 950	51 500
Other Income —JRSGrant				25,525		25,525	32,239
Total				273,693	58,765	332,458	460,399
EXPENDITURE ON
Charitable activities
Charitable Causes				203,379	60,725	264,104	422,112
Evening School				1,701	44,620	46,321	42,459
Gym Maintenance				1,060		1,060	530
Total				206,140	105,345	311,485	465,101
NET INCOME/(EXPENDITURE)				67,553	(46,580)	20,973	(4,702)
RECONCILIATION	OF FUNDS
Total funds brought forward				780,095	1,116	781,211	785,913
Transfer Between Funds (Unrestricted		to Restricted)		(48,576)	48,576
TOTAL FUNDS CARRIED FORWARD				799072	3 112	802 384	781211

				31.7.21	31.7.20
		Unrestricted	Restricted	Total	Total
		funds	fund	funds	funds
	Notes
FIXEDASSETS
Tangible assets		33,474		33,474	32,095
CURRENT ASSETS
Debtors		392,000		392,000	397,887
Cash at bank		382591	3 112	385 703	359289
		774,591	3,112	777,703	757,176
CREDITORS
Amounts falling due within one year		(8,993)		(8,993)	(7,112)
NET CURRENT ASSETS		765 598	3 112	768710	749 116
TOTAL ASSETSLESSCURRENT LIABILITIES		799,072	3,112	802,184	781,211
NET ASSETS		799072	3 112	802 184	781 211
FUNDS
Unrestricted funds:
General Funds				799,072	780,095
Restricted funds:
Sadka, Zakat &School Funds				3 112	1 116
TOTALFUNDS				802 184	781 211

OTHER ACTIVITIES
	31.7.21	31.7.20
Gym Membership Fee	4,260	7,635
Evening School Contributions	~22 104	~36 627
	~26 364	~44 262

The average m	onthly number ofem	ployees during the year was as follows:
			31.7.20	31.7.19
Administrative	Staff		2	2
Imams			2	2
Teachers			9	9
			13	13
No employees	received emoluments	in excess off60,000.

No employees received emoluments in excess off60,000.	No employees received emoluments in excess off60,000.
COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
	Unrestricted	Restricted	Total
	funds	fund	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies	184,958	36,661	221,619
Other activities	4,260	22,104	26,364
Income from Flats	58,950		58,950
Other Income —JRS Grant	25 525		25 525
Total	273,693	58,765	332,458
EXPENDITURE ON
Charitable activities
Charitable Causes	203,379	60,725	264,104
Evening School Gym Maintenance	1701 1,060	44,620	46,321 1,060
Total	206,140	105,345	311,485

	COMPARATIVES FOR THE STATEMENT OF FINANCIAL	COMPARATIVES FOR THE STATEMENT OF FINANCIAL	COMPARATIVES FOR THE STATEMENT OF FINANCIAL	ACTIVITIES - continued	ACTIVITIES - continued
				Unrestricted	Restricted	Total
				funds	fund	funds
	NET INCOME			67,553	(46,580)	20,973
	RECONCILIATION	OFFUNDS
	Total funds brought	forward		780,095	1,116	781/11
	Transfer Between Funds (Unrestricted		to Restricted)	(48,576)	48,576
	TOTAL FUNDS CARRIED FORWARD			799072	3 112	802 184
6.	TANGIBLE FIXED	ASSETS
				Fixtures
			Freehold	and	Computer
			property	fittings	equipment	Totals
				f.		K
	COST
	At 1 August 2020		10,000	44,577	5,023	59,600
	Additions			7 227		7,227
	At 31 July 2021		10000	51 804	5 023	66 827
	DEPRECIATION
	At 1 August 2020			24,132	3,372	27,504
	Charge for year			5218	631	5 849
	At 31 July 2021			29 350	4003	33353
	DISPOSAL
	At 31July 2021
	NET BOOK VALUE
	At 31 July 2021		10000	22 454	1 020	33474
	At 31 July 2020		10000	20,445	1,650	32095

DEBTORS
					31.7.21	31.7.20
Amounts falling	due within one year:
Prepayments						~10 806
Amounts falling	due after more than one year:
Loan to staff					~17000	~12 000
Other Debtors					3~75 000	4~16 000
Aggregate amounts					3~92 000	4~38 906
CREDITORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
					31.7.21	31.7.20
						E
Trade creditors					18	966
Taxation and social security					3,211	(770)
Other Creditors					3764	7864
					8 993	8 060
MOVEMENT	IN FUNDS
					Net
					movement	At
				At 1.8.20	in funds	31.7.21
Unrestricted funds
General Funds				780,095	18,977	799,072
Restricted funds
Sadka, Zakat &School Funds				1,116	1,996	3,112
TOTAL FUNDS				781211	20 973	802 184
Net movement	in funds, included	in the above are	as follows:
			Incoming	Resources	Transfers	Movement
			resources	expended		in funds
Unrestricted funds
General Funds			273,693	(206,140)	(48,576)	18,977
Restricted funds
Sadka, Zakat &School Funds			58,765	(105,345)	48,576	1,996
TOTAL FUNDS			332,458			20973

Detailed Statement	Detailed Statement	ofFinan	ial A tivities
for the Year Ended		31 Jul	2021
					31.7.21	31.7.20
INCOME AND	ENDOWMENTS
Donations and legacies
Zakat Sadka &Fitrana Donation					41,596	29,166
Donations					108,628	221,752
Gift aid					27,260	36,679
Friday Collection					44 135	44 801
					221,619	323,398
Other activities
Gym Membership		Fee			4,260	7,635
Evening School	Contributions				22 104	36 627
					26,364	44,262
Rents Received
Hall hire						1,240
Income from Flats					58 950	55727
					58 950	56967
Other Income
JRS Grant					25,525	32,239
Total incoming	resources				332,458	460,399
EXPENDITURE
Charitable activities
StaffWages and	Teachers Costs				77/29	94,691
Social security					7,625	5,856
Rates and water					6,879	6,722
Insurance					28,337	12,392
Light and heat					6,603	10,431
Community Events					250	4,678
Donations to UK Charities			UnRestricted	Funds	2,455
Evening School					1,651	2,516
Gym Maintenance					1,060	845
Lift Maintenance					1,825	3,395
Cleaning					30,482	4,902
Repairs &Maintenance					10,556	88,694
Caretaker Wages					12,000	12,000
Travel					5	572
Fire &Safety					1,282	338
Carried forward					188,239	248,032

		31.7.21	31.7.20
Charitable activities
Brought forward		188,239	248,032
Ramadan 15k Hospitality	Costs		5,276
Donations to UK Charities Restricted Funds		60,725	99,694
Waste Management		563	288
Charitable Kitchen		4 510	7 280
		254,037	360,570
Management Costs
Wages		36,000	36,000
Telephone		1,659	1,639
Postage and stationery		533	936
Books		1,965	801
Sundries		855	2,003
Computer Costs		792	431
StaffCosts			168
Professional fees		5,403	179
Payroll Costs		1,788	1,524
Letting &Management	Fee-Flats		720
Rent			50000
		48,995	94,401
Finance
Bank charges		104	61
Fixtures and fittings		5/18	6,815
Computer equipment		631	754
		5,954	7,630
Governance costs
Accountancy and legal	fees	2500	2500
Total resources expended		311485	465 101
Net (expenditure)/income		20 973	~4,702)