UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st December 2021
1
Uganda Muslim Community in United Kingdom – Charity Number 1115442
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2021 INDEX PAGE Association details 3 Report of the Management Committee Members 4 to 6 Report of the Independent Examiners 7 Statement of Financial Activities 8 Balance Sheet 9 Notes to the Financial Statements 12 to14
2
Uganda Muslim Community in United Kingdom – Charity Number 1115442
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED
Charity Number: 1115442
LEGAL AND ADMINISTRATIVE INFORMATION
YEAR ENDED 31st December 2021
Chair Person:
Kassim Muguluma
Association Secretary:
Mohsen Kimbugwe
Registered Office: UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM Limited 75 Derby Road London E7 8NH Charity No 1115442
Banker
Lloyds Bank PLC Silver Street Enfield, Middlesex EN1 3EE
Accountants
MM Associates 12 Songhurst Close
3
Uganda Muslim Community in United Kingdom – Charity Number 1115442
Croydon Surrey CR0 3RQ
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED
REPORT OF THE MANAGEMENT COMMITTEE MEMBERS
FOR THE YEAR ENDED 31st December 2021
The Management Committee Members are required by law to prepare financial statements for each financial year which give a true and fair view of the financial activities of the Association and of its financial position at the end of that year. In preparing those financial statements the Management Committee Members are required to;
a) Select suitable accounting policies and apply them consistently through the years
b) Make judgements and estimates that are reasonable and prudent
-
c) State whether applicable accounting standards have been followed, subject to any material departures that should be disclosed and explained in the financial statements
-
d) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Association will continue in business.
The Management Committee Members are also responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the Association and enable us to ensure that the financial statements comply with the applicable standards. We are also responsible for safeguarding the assets of the Association and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Management Committee Members present their report and the financial statements of UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM Limited for the year ended 31st December 2021
DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS
The Ugandan Muslim Community in the UK (UMC) primary focus is to promote Islamic and civil values to improve the quality of life for our members and the community at large. Through seminars, workshops, work placements, sports activities and other activities we have succeed in bringing our communities together to address issues that impact their lives. The trustees and management of the UMC acknowledge that the last year was a challenge to the nation as we grappled to bring the covid-19 pandemic under control. our prayers and thoughts are with those who lost their loved ones to this pandemic. As was the case with other charity organisation our role within society was called into question and I am proud to inform you that the UMC with the assistance of a group of highly skilled volunteers UMC was able to respond in a robust manner.
Following the national safety guidelines issued by the government we were able to carry out the following;
4
Uganda Muslim Community in United Kingdom – Charity Number 1115442
- educated our members on how to keep safe.
● overcome the stigma that was attached to the covid-19 disease and the barriers it created in accessing the required medical assistance that sadly claimed some of our members
- safely access services like online schooling.
● conducted regular on-line Zoom sessions to keep the community in contact.
● Using zoom and other social media plat forms we offered medical advise though presentations by various medical practitioners.
● We also offered financial education and support to members in these hard times. We recognise that the times ahead will be heard and challenging as we try and navigate the post covid-19 aera, and some of these will include
● Managing financial loss and trying to assist our members gain meaningful employment
-
Managing the physical and mental health of our members
-
Education of our young stars
● Purchase of a community centre where we can run our actives as a community.
Funding UMC remains a members’ finance charity to this point all finances have come from the members and the immediate community. This year alone members have collected £10 to help finance the activities run by the charity. On behalf of all trustees and management I would like to thank you for the continuous support, generosity and the positive spirit that we have exhibited as a community during these hard times. Declaration The trustees declare that they have approved the Trustees Report and it is signed on their behalf by Kassim Muguluma UMC Chairman
5
Uganda Muslim Community in United Kingdom – Charity Number 1115442
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED REPORT OF THE MANAGEMENT COMMITTEE MEMBERS (Continued)
FOR THE YEAR ENDED 31st December 2021
We were able to grow our membership base including organising popular activities from last year through fundraising and membership contributions for the association.
FUNDING
The Management Committee and UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM Limited volunteers worked hard on fundraising during the year. The following are the fundraising results for the year;
2021 2020 Donations for Mosque £ - £ 7,900 Youth £ 4,210 £ 2,909 Southern Women £ 40,192 £ 49,175 Southern £ - £ 1,983 Coventry Comm £ - £ 3,439 Coventry Operations £ 8,415 £ 11,328 North London Collection £ 25,830 £ - Bereavement Collections £ 15,481 £ -_____ £ 94,128 £ 76,734 ======= ======
THANKS
We extend our gratitude to all the volunteers, members and the Management Committee for all their hard work during the year.
FINANCIAL POSITION
Details of the Association’s financial position for the year are shown on pages 9-15 of the financial statements.
6
Uganda Muslim Community in United Kingdom – Charity Number 1115442
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED
REPORT OF THE MANAGEMENT COMMITTEE MEMBERS (Continued) FOR THE YEAR ENDED 31st December 2021
FIXED ASSETS
The association had no fixed assets hence no movements in fixed assets during the year as set out note 3 to the financial statements show zero movement.
MANAGEMENT COMMITTEE MEMBERS
No Management Committee member has any beneficial interest in the Association. All Management Committee Members are members of the Association.
RISK MANAGEMENT AND RESERVES POLICY
The Management Committee Members actively review the major risks which the Association faces on a regular basis.
Approved by the Management Committee on 21October 2022
Signed Kasimu Muguluma (Chair Person) For and behalf of the Management Committee
7
Uganda Muslim Community in United Kingdom – Charity Number 1115442
REPORT OF THE INDEPENDENT EXAMINERS TO THE MEMBERS
Of
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED
We report on the financial statements for the year ended 31st December 2021 which are set out on the pages 9 to 15 which have been prepared on the basis of the accounting policies set out on page 13.
Respective Responsibilities of Management Committee Members and Independent Examiners
The Management Committee is responsible for the preparation of the financial statements. It is our responsibility to form an independent opinion, based on our work, on those statements to report our opinion to you.
Basis of Statement
Our examination was carried out in accordance with General Directions given by the Charity Commissioners in anticipation of successful registration as a charity. An examination includes a review of the accounting records kept by the association and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, seeking explanations from you as Management Committee Members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently we do not express an audit opinion on the view given by the accounts.
Independent Examiner’s Statement
In connection with our examination, no matter has come to our attention, which gives reasonable cause to believe that in any material respect the requirements to keep the accounting records in accordance with section 41 of the Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or to which, in our opinion, attention
8
Uganda Muslim Community in United Kingdom – Charity Number 1115442
should be drawn in order to enable a proper understanding of the financial statements to be reached.
MM Associates 12 Songhurst Close Croydon Surrey CR0 3RQ 020 3561 3986 07958 685 519
Date: 21st October 2022
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31st December 2021
| Restricted | Unrestricted | 2021 | |
|---|---|---|---|
| 2020 | |||
| Funds |
Funds | ||
| £ | £ |
£ | |
| £ | |||
| Incoming Resources | 15,481 | 78,647 | 94,128 |
| 76,734 | |||
| Resources expended | |||
| Direct charitable expenditure | - | (8,728) |
(8,728) |
| (11,935) | |||
| ______ | |||
| Net outgoing resources for the year | 15,481 | 69,919 |
85,400 |
| 64,799 | |||
| Accumulated funds brought forward | 280,735 | 32,590 |
313,325 |
| 248,526 | |||
| ______ |
9
Uganda Muslim Community in United Kingdom – Charity Number 1115442
Funds carried forward 296,216 102,509 398,725 313,325
=========================================
All the above results derive from continuing activities. There were no recognisable gains or losses other that the above results.
The notes on pages 13 to 15 form part of these accounts.
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED
| BALANCE SHEET | BALANCE SHEET | BALANCE SHEET | |||
|---|---|---|---|---|---|
| AS AT 31st December 2021 | |||||
| 2021 | |||||
| 2020 | |||||
| Notes | £ | £ | £ | £ | |
| Tangible Fixed Assets | 3 | 00 | |||
| 00 | |||||
| Current Assets | |||||
| Debtors and prepayments | 4 |
200 | - | ||
| Cash and bank balances | |||||
| 399,123 | |||||
| 313,325 |
10
Uganda Muslim Community in United Kingdom – Charity Number 1115442
| 399,323 313,325 CREDITORS: Amounts falling due within one year 5 (600) |
______ 248,526 64,199 |
|
|---|---|---|
| (600) 398,723 |
||
| Net Assets | ||
| 398,723 | 312,725 | |
| ====== ====== 313,324 85,399 398,723 |
||
| ====== | ||
| REPRESENTED BY: Unrestricted funds 7 Restricted funds 7 |
||
312,725 |
||
| ======= ====== |
Chair Person: Kasimu Muguluma Date: 21st October 2022
Treasurer: Musa Mukwaya Date:21st October 2022
The notes on pages 13 – 15 form part of these accounts
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED DETAILED ANALYSIS OF INCOMING RESOURCES FOR THE YEAR ENDED 31st December 2021
11
Uganda Muslim Community in United Kingdom – Charity Number 1115442
2021
2020
MEMBER FEES RECEIVABLE AND OTHER INCOME
| Restricted | Unrestricted | |||
|---|---|---|---|---|
| Funds | Funds | |||
| £ | £ | £ | ||
| £ | ||||
| Youth | - | 4,210 | 4,210 |
|
| 2,909 | ||||
| Fundraising | - |
- | - | 49,175 |
| Donations | - | - | - | 7,900 |
| Southern Women | 40,192 | 40,192 | ||
| - | ||||
| Southern | - | - | - | 1,983 |
| Coventry Ops | - | 8,415 | 8,415 | |
| 11,328 | ||||
| Bereavement Collect | 15,481 | - | 15,481 | |
| - | ||||
| North London Coll | 25,830 | - | ||
| Other | - | - | - | 3,439 |
| _____ | ____ | _____ |
||
| _____ | ||||
| Total Incoming Resources | 15,481 |
78,647 | 94,128 | |
| 76,734 | ||||
| ===== | ===== | ===== | ||
| ===== |
12
Uganda Muslim Community in United Kingdom – Charity Number 1115442
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED
DETAILED ANALYSIS OF INCOMING RESOURCES
FOR THE YEAR ENDED 31st December 2021
DIRECT CHARITABLE EXPENDITURE
| Restricted 2020 £ £ Venue Hire - 200 Transport - Expenses refunds - Community Sermon 1,284 Charity Contribution - 378 Tuition - 416 Bereavement exp - Donation Local - Covid Support - 545 Professional fees - Dinner - 500 Convention - ZOOM subs - Go Cardless - Miscellaneous - 1,750 _ Total Expenditure- _ |
Unrestricted 2021 £ £ - - - - 170 - - 418 - - - - - - - 1,606 1,606 3,225 2,570 2,570 300 - - 600 600 2,600 3,465 3,465 - - 150 178 178 910 910 - - ______ 9,329 9,329 11,936 ________ |
|---|---|
13
Uganda Muslim Community in United Kingdom – Charity Number 1115442
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31st December 2021
1. ACCOUNTING POLICIES
The following accounting policies have been used consistently in dealing with items which are considered material in relation to the financial statements.
(a) Accounting Convention
The financial statements are prepared under the historical cost convention and on a going concern basis, which is dependent upon the availability of adequate continued funding. The nature of the Association’s funding is inherently uncertain as it is only dependent on membership contributions and fundraising projects each year. Should funding be discontinued in future years, the Association would have to find other sources of funding or significantly curtail its activities.
The accounts have been prepared in compliance with and in accordance with the Statement of Recommended Practice for Charity Accounts.
(b) Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is calculated to write off the cost of fixed assets less their estimated residual value over their expected useful life on the following basis:
Equipment
25% per annum straight line
(c) Income
Income is brought into the account on the basis of amounts received in the accounting period, or receivable at the accounting date and no provision is made for any actual or contingent liability to repay surplus grants. Voluntary income and donations are accounted for as received by the Association. The income from fundraising ventures is shown gross.
(d) Restricted and Unrestricted Funds
14
Uganda Muslim Community in United Kingdom – Charity Number 1115442
The accounts distinguish between restricted and unrestricted funds. Restricted funds are received from donors and are subject to restrictions on the purposes for which they may be used. Unrestricted funds are those where there are no externally imposed restrictions. They include those freely available to the Association for expenditure or appropriation to reserves for internally designated purposes.
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31st December 2021
2. Taxation, including Value Added Tax
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM Limited is a voluntary Association with charitable aims and is exempt from Income Tax and Corporation Tax on its normal activities. Value Added Tax is not recoverable by the Association and as such is included in the relevant costs in the Statement of Financial Activities
3. Tangible Fixed Assets Equipment Total
| £ | £ | |
|---|---|---|
| Cost | ||
| Balance at 31st December 2021 | 00 | 00 |
| Additions | - | - |
| ____ | ______ | |
| Balance at 31st December 2021 | 00 | 00 |
| Depreciation | ||
| Balance at 1st January 2020 | 00 | 00 |
| Charge for the year | 00 | 00 |
| ______ | _____ | |
| Balance at 31st December 2021 | 00 |
00 |
| Net Book Value | ||
| At 31st December 2021 |
00 |
00 |
| ==== | ||
| ==== | ||
| At 1st January 2021 |
00 | 00 |
| ==== | ==== |
15
Uganda Muslim Community in United Kingdom – Charity Number 1115442
4. Debtors £ === 5. Amount owed 2020 £ Audit fee |
2021 £ 200 ____ 200 ==== 2021 £ 600 - |
2020 - ___ - - - |
|---|---|---|
| ___ | ||
| 600 | ||
| - | === |
=== |
UGANDA MUSLIM COMMUNITY IN UNITED KINGDOM LIMITED NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31st December 2021
6. Analysis of net assets between funds Restricted Unrestricted Total Funds Funds £ £ £ Fixed assets - - - Current assets 296,216 102,509 398,725 Current liabilities - ( 600) ( 600) _______Total net assets 296,216 102,509 398,125
16
Uganda Muslim Community in United Kingdom – Charity Number 1115442
============================= 7. Statement of Funds
| Balance at | Incoming Resources | Transfers | |
|---|---|---|---|
| Balance at | |||
| 01/01/20 | resources Expended | ||
| 31/12/20 | |||
| £ | £ £ | £ | |
| £ | |||
| Unrestricted funds 32,590 |
78,647 (9,328) | - | |
| 101,909 | |||
| Restricted funds | 280,735 | 15,481 - |
- |
| 296,216 | |||
| _____________ | |||
| Total funds | 313,325 | 94,128 (9,328) | - |
| 398,725 |
====================================================
The balance of any funds will be utilised in the forthcoming months to meet the delivery commitments made by the Association and future depreciation charges.
17
Uganda Muslim Community in United Kingdom – Charity Number 1115442