2021-12-31-accounts - Agha

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Anjuman Gulaman -e- Hazrat Abbas (AGHA)

Trustees Annual Report for the year ended 31st December 2021

The Trustees present their Annual Report and Accounts for AGHA for the year ended 31st December 2021.

Objectives and activities of AGHA

The Objectives for which AGHA is established is to arrange social, cultural, educational and religious events on special occasions throughout the year. In addition, AGHA aims to help the elderly and people who need help and advice.

Management and governance arrangements

The management of AGHA is undertaken by the committee of management comprising of a President, General secretary, Treasurer and two co-opted members.

No trustee or committee member received any emoluments during the year in respect of services performed nor were any expenses paid on their behalf.

During the year as corona virus pandemic conditions were relaxed, the charity was able to conduct its normal activities. The weekly Thursday and Friday programmes were conducted. Moharram and Ramadhan Majalises were held at the centre with regular attendees and under strict control. All attendees were required to wear face masks where necessary and maintain social distance requirements. A minimum number of Iftars were held during the month of Ramadhan. Food and refreshments for these Iftars was provided by third parties. Likewise, some majalises were also conducted for the first ten days of the month of Moharram and Arbaeen and other special dates. Scholars and reciters were engaged to speak at the above mentioned functions mainly. Due to corona virus pandemic conditions not being fully relaxed the Europe’s largest Annual Majlis was again not held this year and no amount was spent on hiring halls or marquees.

Total receipts from subscription and donations was £50,069 which represented the amounts paid into bank through standing orders and sundry donations.

Majalises and Milads sponsored by third parties amounted to £21,547. This is mainly where sponsors have paid directly for food and refreshments. Costs of reciters and scholars who came from abroad and who also engaged locally, amounted to £15,118. This mainly consisted of their fees and fares.

Food and refreshment provided for Thursday’s programmes and other special events including Ramadhan and Moharram days was £21,350.

During the year, repairs and refurbishments were carried out to the property at a cost of £3,760 which included installing a staircase for the elderly and other sundry repairs and decorations.

Sundries items amounting to £8,237 is mostly for disposable crockery and cutlery provided at Thursdays and other events during Ramadhan and Moharram days. This also includes virgin media and sky £670, guttering cleaned £150 and TV licence £157.

Resident Alim’s fees are mainly his traveling and sundry expenses during the year for conducting Thursday programmes and Friday prayers.

During the year, £8,000.00 was repaid to an unsecured creditor. There are no loans now outstanding.

For the year ended 31 December 2021, there was a surplus of income over expenditure of £11,163 which was added to the accumulated funds which now stand as £211,681 represented by Freehold property £203,920 and cash at bank £7,761.

It is hoped that the charity will continue with its activities of providing the needs of Shia Muslims communities in future years and it is strongly hoped and expected that the Europe’s largest annual Majlis will take place in the year 2022.

By order of the Board of Management

Mr Syed Mahmood Hussain - President

Mr Syed Nasir Abbas Jafri - Secretary

Mr Syed Azhar Sibtain – Treasurer

----- Start of picture text -----
ANJUMAN GULAMAN - E - HAZRAT ABBAS (AGHA)
Income and Expenditure Account
1 January 2021 to 31st December 2021
INCOME £
Subscriptions and Donations 50,069.20
Contributions towards Majaalis/Milad & other
expenses by third parties 21,546.90
71,616.10
LESS EXPENDITURE £
Reciters/Scholars Fees and Fares 15,118.00
Food and Refreshments for Majaalis/Milaad 21,350.00
Insurance 923.84
Council Tax & Water Rates 758.53
Heating & Lighting 2,906.63
Repairs and Refurbishments 3,759.70
Sundries/Disposable items 8,236.78
Resident Alims Fees 7,400.00
60,453.48
Excess of Income over Expenditure for the year
ended 31 December 2021 £ 11,162.62
----- End of picture text -----

BALANCE SHEET AT 31 DECEMBER 2021

ASSETS Freehold Property 2 Lorne Road, Northampton NN1 3RN Cash at Bank LIABILITIES Income & Expenditure Account Balance at 31 December 2020 Add Excess of Income over expenditure for the year ended 31 December 2021	£ £ 203,919.60 7,760.96 £ 211,680.56 200,517.94 11,162.62 211,680.56 £ 211,680.56

BALANCE SHEET AT 31 DECEMBER 2021

ASSETS Freehold Property 2 Lorne Road, Northampton NN1 3RN Cash at Bank LIABILITIES Income & Expenditure Account Balance at 31 December 2020 Add Excess of Income over expenditure for the year ended 31 December 2021	£ £ 203,919.60 7,760.96 £ 211,680.56 200,517.94 11,162.62 211,680.56 £ 211,680.56