2020-12-31-accounts

Company House Registered number 05321218 Charity Number 1116869

ANATOLIAN MUSLIMS SOCIETY

Report and Accounts

31 December 2020

ANATOLIAN MUSLIMS SOCIETY Report and accounts Contents

	Page
Company information	1
Directors' report	2
Accountants' report	3
Profit and loss account	4
Balance sheet	5
Notes to the accounts	6

ANATOLIAN MUSLIMS SOCIETY Company Information

Directors

SADIK CINAR CENGIZ INCE ILKNUR KAHRAMAN

Accountants

AA ACCOUNTANCY SERVICES 244 Chase Road London N14 6HH

Registered office 337 Fore Street London N9 0NU

Registered number 05321218

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ANATOLIAN MUSLIMS SOCIETY Registered number: 05321218 Directors' Report

The directors present their report and accounts for the year ended 31 December 2020.

Principal activities

The company's principal activity during the year continued to be charity.

Directors

The following persons served as directors during the year:

SADIK CINAR CENGIZ INCE ILKNUR KAHRAMAN

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 30 September 2021 and signed on its behalf.

SADIK CINAR Director

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ANATOLIAN MUSLIMS SOCIETY

Report to the directors on the preparation of the unaudited statutory accounts of ANATOLIAN MUSLIMS SOCIETY for the year ended 31 December 2020

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ANATOLIAN MUSLIMS SOCIETY for the year ended 31 December 2020 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/

Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

AA ACCOUNTANCY SERVICES Chartered Certified Accountants 244 Chase Road London N14 6HH

30 September 2021

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ANATOLIAN MUSLIMS SOCIETY Surplus and Deficit Account for the year ended 31 December 2020

22 Income Direct Charitable Expenditure Gross Income Administrative expenses Operating Surplus / (Deficit) Profit before taxation Tax on profit Surplus / (Deficit) for the Period	2020 £ 235,731 (100) 235,631 (181,614) 54,017 54,017 - 54,017	2019 £ 228,356 (3,530) 224,826 (208,867) 15,959 15,959 - 15,959

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ANATOLIAN MUSLIMS SOCIETY Registered number: Balance Sheet as at 31 December 2020 Notes Fixed assets Tangible assets 2 Current assets Debtors 3 Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Net assets Funds Surplus and deficit account Total Funds	05321218 2020 £ 68,086 89,142 82,068 171,210 (95,613) 75,597 143,683 143,683 143,683	2019 £ 61,872 6,074 44,730 50,804 (23,010) 27,794 89,666 89,666 89,666

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

SADIK CINAR Director Approved by the board on 30 September 2021

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ANATOLIAN MUSLIMS SOCIETY Notes to the Accounts for the year ended 31 December 2020

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Intangible fixed assets

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings	over 50 years
Leasehold land and buildings	over the lease term
Plant and machinery	over 5 years
Fixtures, fittings, tools and equipment	over 5 years

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

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ANATOLIAN MUSLIMS SOCIETY Notes to the Accounts for the year ended 31 December 2020

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Leased assets

A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2 Tangible fixed assets

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ANATOLIAN MUSLIMS SOCIETY Notes to the Accounts for the year ended 31 December 2020

Cost At 1 January 2020 Additions At 31 December 2020 Depreciation At 1 January 2020 Charge for the year At 31 December 2020 Net book value At 31 December 2020 At 31 December 2019 3 Debtors Trade debtors Other debtors 4 Creditors: amounts falling due within one year Trade creditors Other creditors	Land and buildings £ 32,400 2,000 34,400 - - - 34,400 32,400	Plant and machinery etc £ 52,722 7,964 60,686 23,250 3,750 27,000 33,686 29,472 2020 £ 64,434 24,708 89,142 2020 £ 94,618 995 95,613	Total £ 85,122 9,964 95,086 23,250 3,750 27,000 68,086 61,872 2019 £ 1,000 5,074 6,074 2019 £ 18,838 4,172 23,010

5 Other information

ANATOLIAN MUSLIMS SOCIETY is a private company limited by shares and incorporated in England. Its registered office is: 337 Fore Street

London N9 0NU

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ANATOLIAN MUSLIMS SOCIETY

Detailed Surplus and Deficit Account for the year ended 31 December 2020

This schedule does not form part of the statutory accounts

Income Direct Charitable Expenditure Gross Income Administrative expenses Operating Surplus / (Deficit) Surplus for the Period	2020 £ 235,731 (100) 235,631 (181,614) 54,017 54,017	2019 £ 228,356 (3,530) 224,826 (208,867) 15,959 15,959

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ANATOLIAN MUSLIMS SOCIETY

Detailed Surplus and Deficit Account for the year ended 31 December 2020

This schedule does not form part of the statutory accounts

Income Donations/Grants Groundwork london The Big dinner 2019 Greater London Classroom rent Student fees Other income Direct Charitable Expenditure Meeting and refreshment expenses Qurban Canteen Administrative expenses Employee costs: Wages and salaries Pensions Employer's NI Staff training and welfare Travel and subsistence Premises costs: Rent Rates Service charges Water bills Light and heat Cleaning General administrative expenses: Telephone and fax Postage Stationery and printing Information and publications Subscriptions Bank charges Insurance Voluntaries activities Kitchen expenses Equipment expensed Software Repairs and maintenance Depreciation Sundry expenses	2020 £ 126,283 4,000 - - 77,970 200 27,278 235,731 - - 100 100 27,470 220 699 329 - 28,718 113,500 - - 2,434 6,752 928 123,614 1,089 28 1,391 - 497 204 2,382 - 119 266 700 13,029 3,750 51 23,506	2019 £ 182,453 - 16,522 4,514 23,300 - 1,567 228,356 206 3,300 24 3,530 33,214 239 1,069 456 96 35,074 120,000 439 500 1,693 6,969 241 129,842 990 27 639 850 - 309 2,818 10,380 3,660 556 23 8,465 3,250 374 32,341

Legal and professional costs:

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ANATOLIAN MUSLIMS SOCIETY

Detailed Surplus and Deficit Account for the year ended 31 December 2020

This schedule does not form part of the statutory accounts

Accountancy fees Consultancy fees Advertising and PR Other legal and professional	2020 £ 1,020 3,725 386 645 5,776 181,614	2019 £ 500 10,900 210 - 11,610 208,867

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