Charity number: 1116452 Company llumber: 05323060 Nimab Welfare Tn {A compAny limited by guarantee) Tnteq, report and rtnan¢ial stst¢m¢nts for the year eDded 31 March 2021
Nimab Welfare Tnt (A Company limited by guarantee) Contents TEustreg retrf Stat¢mentorfinanL 1viti$ B¥l8nc¢5h¢¢¢ 8-13
Wadi Howar Welfare Trust (A company limlted by gurntee) Leg41 and administrative inforniatio Ch4rÉty Dumber 1116452 Company registration 05323060 Businus addr Grt Ff8nci$ Street Nethl]s B7 4QN Trllstee8 Abdulrazak Aiayi (Chairman) Dr Ibitoye Ajeigbe Ibrahim Kuti Azeez Olanrewaju Habiba Sodeinde Mu51imat Adeosun Secretsry Olumuyivrd Olukoya M8ng¢meDt committee Semiu Awiisile W&siu (knakoya Preside Vice Pr¢5ithnt NuratAlogF Firnah O]adimeii MisturnAdetAyo Ismail knjtq Sal&nah Kekni Faridah Okwjnu Aderemi Ade]&e Public RelatK In1 AudTtor Edtion arvj childr Affai13 stty 8nd Heajth & Safty WelfE S¢• (Maje) Welfar¢ Sccrctsry (Fa]e) Women's Atrai Youth Affails ITMrn Nurat Alogbo Kohya( AgtMyJl8 Aeeoulltsnts Ably Lin UK t 14 Pentos lkn"v¢ Birniinghan B113TA Bankers Islamic B*tk of Britsin
Nimab Fveifare T1 Charity No: 1116452 Report of the trusttts for the year ended 31 Marcb 2021 The tNstees FY¢sent their rew>rt and the finan¢ial TeThts for the year endd 3 1 Mard) 2021. The tr%1£¢5 of Nimab Welfare Trust who 5¢rved durin8 theyear and up to the da of this rcp)rt are set out 8¢ l. Strn¢tsr< governance maDagemeiit The tn& is govern¢dby its Coti]IN). aTMI it isregistuol with the Charities Comrnissaon urMlwrefe¥ence 1116452. Objectives 2nd a¢tlYltles The obj'ects forwhi¢h the is eslablished ¥rc to integrth and impDve wdtareof Other objects of the trust are. to tvan¢e educthion tThl to provide rllitieS whtch would increasc social welfare, re¢reation and leisure tirne wion with the prime aim of improving the conditions of life for the inhabitants of Bim)ingham.. Aehlevements and perfom#nct In order to achieve the atrxTrve objectives and more Contsincd in the )ltiJt10 the Trst has abl¢ tts acquire a ccntre to k used as Co]nTnunitytentr& The ¢thre is rtt)w us&J for multifimction which inc]leS Eid festivaj and prayers. family suptM)rt pro8rammcs. women ¢mp)werrnent PTDgrdmmes to mention 8 few. The has held cvents whcre youn8s(ers have participaknj in the advancemtht of culturaj cducation and claI int¢wiion within the (1unity. Future pl4DS To raise additiottal fjjndsto toy off the l)818nttof thcm(xlgage Estabfish IgUe cl8S5ts on we¢ker¥Js Organising swrting events Emknk on proj&*s that wll pr(mote c(Fnmunity integrati( Full d¢tsiisof iThThieand arE8iven P8e 6 ofthe
Iyimab Weware Trust Charity No: 1116452 Independent examiner's report to the trustees the unaudlted finanaal statements of Nlmab Welfare Trust. l Jr[0 the aeeountsofNimab wdf3reTr theyrj 31 Marth 2021 set outon pages 3 to 14. Respective resppnsibilitys of trvsttts indeyeDdeot examiner The ¢haTitYs trtstees 8rertssx>nsibleforthe tWi(MJ of the acts))ts. Tr ¢nth¢s ¢£Idthat an awjit is notrequired forthi5 year under sect2on 43{2)of theCh8riti¢s Act 19J3 (the ALX), asamthded by seL#l 28 ofthe CknitsesAd 2{m and that an indetnd&)t xatnination is ne8Je(L It is my reswnsibli iry to examine the unders&Xion 4313Xa) of the A( amendol. to follow the pJD¢edures laid Lknvn in General DtreCliS 8iven by theCharÈty C(Mnmisshyx undtrsaakon 43(7Xbl of the ACL &8 amended; and to state whethtt p3rti¢ularmatten hav¢ ithn¢ knTlly 8itention. Basis of independent examinerfs statement My examination was Tried out in accordance with th¢ G¢n¢ral Dire¢lions give#) by the Charity Commission. examination ineludes a revt¢w of the ac£ounting rttords kcrrt by the charity and a Cornparin of the accounts presented with those record& It also includes consideration of any unusuat steTns or disclosures in the accounts. and secking explanations from you as tru$ concerning any such matters. The pr(Kedures undertaken do not provide all the ¢viden¢e that would be req]red in an audit and eonsequenuy M optnion ts giva) gs to whdhtr the 8cctsJnts pr£%tht a Irue and faÉr view. and the Tewrt is limited to th)se matio3 sd out in the statemen( below. Imdependettt exwnkn¢r'$ statement (i) which VeS me reIlable to lIe¥ethat in any the Twuiruno)t&' . to keep rxowaccounting rts))Trls in Kd¢t1th kon 386 ofthe CompaDi£sAd 2(. and to prepare whidF accord with the accountin8 re£ord4 wmply with the counting requirements of ion 396 of the Companies Act 2¢m and with the method5 and principle5 of the Ststement of hav¢Th)tixa) m<. or {ii) to which. in my opinto alt¢Jrtion stwyjld drawn in der to uble a of the acajunts to Abbey Adebambo, FC& ACCA Independent Examiner AbFw Linc¢m UK Ltmiknl Aceountancy. T&Kation & MgLConsult Pentos House 4 Pentos Dn've Birniingham BII 3TA 23 Deeanlr2ff21
Nimab Welfare Trnst Charity No: 1153156 Report of the truste&8 (incorporating the dictors, report) for tbe year ended 31 March 2021 Ststsmettt of trustees, responsibilrt The tyustees are rtsponsible for preparin8 th¢ Truste, AnDual kq and the fmancial statements in aCLxTrrdance with applicable law and Unitcd Kin8thxn Genex¥ltyA¥xyluJ Actxwukn8 P11[ of the state of affairs of the ckn8rritable conjw and of the llKx)ming luour$ and awli¢ation of rcsourcffj including the income and eXndits]r@ of the chtiTitablc (xmnY fi)r thal peri(l In prewing thesc flnancial slatemcnts. the trustees are Nuired to." . seleLtsuttable accountingwTrlicie$8ndd 9Y thcm asLdy. - obmethe mdhiML8 and win¢iples in the a]aTiti&8 SORP. state whether appliL¥bl¢ UK ACCOlillg St8nd&rd% hwe bEen follorf lo any material dep8rtUEes disclosed aT¥J &xplained in th¢ fiwi¢ial statano)l&" and prepare the fi[Wl ststema]ts on the going tt¢ern Iwis unl¢ss it is inaFgrowiate to wesume that the ¢hwitable comrthy wll ttInue1n OFaatiorL The tn]stees are ras[n$11¢ for keeping XCOUlltin8 record% which dis¢lose with rwmabk a(t4Trcy atany time the financial positton of the charitable company and they Are a]w rwnsible for 5afeguardiDg the of th¢ djarilgble c¥)mpany and herlee for taking rwonable steps for the pteventton •)d Lktrrfion of fraud and other llrwJaritie& Small ¢(Kntny provisions On Ethalf ofthe trLStees Abdulrazak Ajayi Chainnan 23 D#emtrtt21f21
Nlmab Welfare Trwt Charity No: 1116452 Statement of financial artivities (incorporatlnB the income and expendfture account) for the year ended 31 Marth 2021 20211 Total nds ds Total Incomittg reyottrces Voluntary inu)me Jnler¢si tVed 44164 27391 12 71555 12 36235 98 Total incoming rfsourtes Resoureu expended Ctss of geTrnting Costof geneTIngV0IwmY iKTrne 37948 37948 36671 8227 Totsl r¢soyr¢es ¢xp¢nd¢41 Net IDcoMlngl(o•tgolng) re8onTeei for the year I Net In¢•mel(¢ip¢ndltsre) f•r th¢ yer 44164 (17949) 26215 (8565) Totst thds ttfOvard 94356 94356 lo221 Totsl funds Tried forward The Aotes py 9 to 14 forn M llltegr prt of these finrI11 s1*t¢#I
Nimab Welfare Trust Charity No: 1116452 Balanee sheet
S gt 31 March 2021
20211 Notrs Fixed a$$ets Tangyble assets Current assets Debtors Cash at bank and in haThJ 178378 183333 23 41987 78255 442S7 79255 Creditors: falling due wlthin ODe yr 10 (15458) {16158) Net curreD¢ iisbiiities 28829 63097 Total assets less ¢uff¢nt 207207 246430 Creditors.. mounts due after more tbxn one yur (93136) (1331361 Net 2Mets 114071 113294 Funds UtrICted iTh(x)mefjJt 12 14071 113294 Totsl 114071 113294 Presid•t The Balance Shcet¢thinu¢s the followu¥ tA8&S. The py 9 to 14 fonll M Intw prt Of ¢h¢s¢ stAtr•eml&
Nimab Welfare Tn (A Company limited by guarantee) Notes to finan¢ial statements for the year ended 31 Mareh 2021 Aecounling policiLq The principal a¢¢ounting lICI¢S are ttlow. The actx)unliD8 wjlicies have 8pry)ligJ consistetrtly thn)ughout theyear and the prwdin8yt8r. Basis aeeountiDg The financial ststefflents are prepared under the hISrie81 st convenlion and in &¢cord8nce with the Financial Re>rtIllg Statyjard for Smaller F1]¢$ (effeÉ#ive Awil 2(M)8), the Statemult of Rc(xbrnmded Practice 'AccouThtin8 and Reporting by Charitie5' i&sued in MaTrJJ 2(X)5 {SORP 2(X15) and the CA)mrAnie5 Act 21M)6. ia. Incoming resourc All incoming resources are inchMleAI the swement of financial activities when the charity is etttitled to the inwme and the amount can be quantifird wtth reasonable accuracy. The foll¢)wing wif1¢ p)IicÈe5 are applied kn particular catC8orics of itKxTrmv. Voluntsry income is reLeived by way of gran donattons aTrJ 8ifts and is included in full in the statement of financial Clivities when receivable. Grants Whe entitlement is not conditional on the delivery of a specifi¢ by the lknt)ated s¢rvi¢¢s and facilili¢5 are included at the valu¢ to th¢ chaw whc¥e this Lxn be quantified. The value of services provided by voluntecrs h&s not been inclultsl Gifts donatrd for resale are iDcluded as inMing within &L%iviti&¥ for 8eneEatan8 fimds when thvy Are IJ. Resourees expeoded Expenditure is rccognised ffl art a(rnwl iwis as t liability 15 iiicurred. EXpdItre includes any VAT, which catlljot fully reLywue& and isreFxMtsJ &8 pknofthe towhiL it rel& C¢)Sts of gener¥tin8 fuD(Ls L¥Trmpris¢ the Sts &w)ciated with attraLin8 volunlary 8nd the LX)sts of trading frtr fundraising purwjses indudtng the charity's shop. Charitsble expenditure Comwises those costs IrUrl by th¢ dlarity in the delivery of its activitie5 and services for its beneficiaries. It includ¢s tM)th Ixjsts that e4n be aiioLXte41 dir to su¢h a¢livities and those costs of all indiRct nabJre IA. Tangible fixed A&8ets'and depreei&tio Tangible fjxed Issets are sed at cost les5 accumulated depreciation. Depreciation is provided at Tatrs calculated to write offthe c4)st less Yes]thl va]ueof caL* asset over its ex] lifè as follows: Land 9d I1[dinl FixW fittings and equi$ Straighi ]ineovtr50 years 25% straight li
Nimab Welfare Trust (A eompany limited by guarantee) Notes to financial statements for the year ¢lld¢d 31 March 2021 Voluntary income 2021 Totsl 2020 Totsl Donauons Mosque project Janaza receipts Z7391 27391 23243 40550 40550 12250 3614 3614 840 Cost of gentratittg volulltary ineome Unrutrkted hnds 21121 Totsl 2020 T4)¢al Salaries & wage5 Rates and water Lighi & heat 122 l22(K) 1385 3758 3750 879 1385 3758 3750 879 1528 3899 2472 793 PtY>feS8i0n fees Travclling ex5¢$ 1154 350 844 350 350 Education and training Bank charge5 Telephone Cleanin8 Events DepTwiation & iTnpaIrTncl Donations 1285 944 4770 4955 1263 1255 1285 1124 836 6830 4955 650 4770 4955 1263 1255 Governance costs 2021 Totsl 2020 Tots] nds Interest. COMMcEI Fir5È 8227
Nimab Welfare Trust (A Company limited by guarantee) Notes to finaneial ststements for the year ended 31 March 2021 Net {outgoingYincomiDg rfsourtts for the y¢•r 2021 2020 4955 4955 Employees Employment Costs No 811t$ orwages have FAid tOemploy incIling the trusttffj dwingth¢ ye8r. rnber of employe The average monthly numt3 of employees {includin8 the tru5te&%l during the year. ¢8l¢ulatNI on the basi$ of fvll time &]UiValt w&s as follow& 21121 2020 Number P4urnber Management (y)mmitte 14 14 TxgtK)tt The charity'5 artivitlts fall within the exemptions afforded by the provisrons of th¢ IncoTne Coryxjrntion T&x&8 Act 1988. Accordin8ty. there is no taxation in these
Nimab Welfare Trust (A eompally limited by guarantee) Notes to fjnancial statements for th¢ year ended 31 March 2021 nd Fixtur ImdiD fittiAgs and frtebotd equipmtht Tangible fix1 Totsl Cost Al l April 2020 Additions 247748 5641 253389 At 31 March 2021 247748 5641 253389 Depre¢i•tion At IApTiI 2020 ChaT8e for theye4r 64415 4955 5641 70056 4955 At 31 March 21Y21 69370 5641 7501 I Net bDDk vlues At 31March 2021 178378 178378 At 31MaTth 2020 183333 183333 Debtors 21)21 2020 2300 io. CreditOTS: atholints f*llitiz due within one yeAr 20211 14208 1250 14208 1950 15458 16158 The FAnk Icmn is Se0J Pyll
Nimab Welfare Trust (A company limited by guaranlee) Notes to fwancial statements for the year ended 31 Mareb 2021 Creditors= amounts flllillg due after more ODe year 2020 Bank 93136 133136 Repaya)le in fiye years crmwe 411 12. Anatysis of llet #ets belTrTeell fllnds fvttds Fund #T£S at 31 Marth 21 &Srqwted by: Tangible fixed a 178378 44287 (15458) (93136) 178378 44287 {154581 (93136) Cwrnt liabiltties LA)ng-term liabiliti£5 114071 114071 13. Summary of fuDd$ At At l April Ineomlng thteolng 31 Mr¢ 2021 Restricted Funth 57825 44164 27403 71567 101989 12082 114071 3W31 45352 Unrestricted fi]nds are fidS which ¢an used in with the ¢haTitys objects 8t the diseretiom of the Pgt 12
Nilnab Welfare Trust (A Company limited by guarantee) Notes to funCIal statements for the year ended 31 March 2021 14. Company limited by guarantee Every memberof the iy)mpany UDdatskts o)ntnkn such amount as nY ryiuired not exrxeding £1 to the gssets of the Charitable company in the eveni of its b¢in8 wound up while he or she 1$ a member. or within one year after or she C* to t¢ a mallr. Py13