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2022-12-31-accounts

REGISTERED CHARITY NUMBER: 1116869

ANATOLIAN MUSLIMS SOCIETY

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2022

CONTENTS PAGE Legal and Administrative Information 2 Trustees’ Report 3-5 Accountant’s Report 6 Statement of Financial Activities 7 Balance Sheet 8 Notes to the Financial Statements 9-17

1

Legal and administrative information

Trustees

Kadir Bakir

Davut Aktas

Muammer Demirpolat

Elvin Habibov

Sadik Cinar

Charity Number: 1116869

Office address

337 Fore Street,

London

N9 0NU

Accountants

AA Accountancy Services

244 Chase Road

London

N14 6HH

2

ANATOLIAN MUSLIMS SOCIETY

TRUSTEES’ REPORT FOR THE PERIOD ENDED 31 December 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Anatolian Muslims Society is a constituted as a charitable trust registered with the Charity Commission in November 2006 under charity number 1116869. It is governed by a deed of trust last updated December 2018.

Organisational Structure

The Charity consists of a General Meeting of Members, Directors, and Officers. General meetings include an Annual General Meeting and Extraordinary General Meetings. Directors manage the Charity and are appointed through various methods, including rotation and nominations. The Charity must have at least Chair, Secretary and Treasurer, can regulate its proceedings. The structure allows for quorum requirements, voting procedures, and the appointment of a meeting chairperson. A resolution in writing, signed by all entitled Chair, Secretary and Treasurer, is as valid as an in-person meeting decision.

Recruitment and Appointment of Trustees

New trustees must apply, provide recommendations, and be approved by the Directors. Rejection must be justified, ensuring best interests.

Induction and Training of Trustees

Trustees undergo an orientation. Ongoing training emphasizes roles and responsibilities, ensuring effective governance. Class distinctions in membership rights are fixed.

Risk management

The Charity follows the Charities Act 1993 for financial reporting and compliance. Notices and communication are handled through written or electronic means. Rules and bylaws are established and can be modified by the Directors with member input. The Charity indemnifies its officers.

Objectives and activities

Aims

Anatolian Muslims Society strives to create inclusive communities, locally and globally. Rooted in England, we are dedicated to empowering individuals in London especially people of Enfield, nurturing young minds, alleviating global poverty, promoting religious harmony through interfaith and intra-faith interactions, collaborative engagement with the wider community including faith and non-faith, championing equality by empowering women through social and professional development, and nurturing faith.

Objectives 3

Our constitution outlines seven core objectives: empowering Enfield's disadvantaged, nurturing North London's youth, global poverty alleviation, promoting religious harmony, fostering collaboration, championing equality, and nurturing faith through education and interfaith dialogue.

Strategies

We employ targeted initiatives, educational programs, and global initiatives to achieve our objectives. We actively engage with diverse communities, work to dismantle biases, and provide dedicated facilities for religious and interfaith dialogue, all while upholding Islamic tenets and values.

Activities and Achievements

How Our Activities Deliver Public Benefit:

Our activities deliver public benefit by addressing a wide range of community needs, from spiritual growth and education to social support and interfaith understanding. By empowering individuals, promoting equality, and engaging with diverse groups, we foster a more inclusive and harmonious society, ultimately benefiting the broader public.

Highlighting notable accomplishments that have shaped our impact in the community over from period 1 January 2022 to 31 December 2022.

Key Achievements Overview:

Partnerships and Collaborations:

Training and Empowerment:

Police Engagement and Education:

These accomplishments have demonstrated a commitment to spiritual growth, community support, interfaith dialogue, youth empowerment, and civic engagement, reflecting a well-rounded and impactful year for the charity.

Performance review

The Anatolian Muslims Society has demonstrated a commendable commitment to its core objectives. Key achievements in education, interfaith engagement, youth empowerment, and civic participation highlight the charity's holistic approach to community development. Challenges in inclusivity, sustainability, and cultural diversity have provided valuable learning experiences, strengthening the charity's adaptability and resilience for future endeavours. Overall, the society's activities have significantly contributed to a more inclusive, informed, and harmonious community, delivering substantial public benefit.

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 2022

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 2022 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

29 September 2023

6

ANATOLIAN MUSLIMS SOCIETY STATEMENT OF FINANCIAL ACTIVITIES

(Incorporating income and expenditure account) FOR THE YEAR ENDED 31 DECEMBER 2022

Unristricted
Notes
Funds
INCOME AND EXPENDITURES
£
INCOMING RESOURCES
Incoming resources from generated funds:
Voluntary income
2
211908
Activities for generating funds
3
0
Investment income
4
0
Incoming resources from charitable activities
5
0
Other incoming resources
6
33
TOTAL INCOMING RESOURCES
211941
RESOURCES EXPENDED
charitable Activities
7
186508
Governance Costs
8
19228
Other resources expended
9
0
TOTAL RESOURCES EXPENDED
11
205736
NET INCOMING/(OUTGOING) RESOURCES
before transfers
21
6205
Transfersbetween funds
-
NET MOVEMENT IN FUNDS FOR THE YEAR
6205
Total Funds at 1 January 2021
143901
Prior Year Adjustment (Note 19)
0
Total Funds at 31 DECEMBER 2022
150106
=====
Restricted
Funds
£
0
0
0
0
-
0
0
0
0
0
0
-
0
0
0
=====
2022
Total
£
211,908
0
0
0
33
211941
186508
19228
0
205736
6205
-
6205
143901
0
150106
=====
2021
Total
£
152,832
0
0
0
0
152832
136283
16331
0
152614
218
-
218
143683
0
143901
=====

The notes on pages 12 to 22 form part of these accounts.

7

ANATOLIAN MUSLIMS SOCIETY

BALANCE SHEET AS AT 31 DECEMBER 2022

Notes
2022

15
145385
145385
Debtors
16
93968
21803
115771
17
(111050)
4721
18
0
150106
=====
20
0
20
150106
150106
=====
Unrestricted funds
CREDITORS:Amounts falling due
within one year
Total assets less current liabilities
Net current assets / (liabilities)
CREDITORS:Amounts falling due
more than one year
FIXED ASSETS
Tangible assets
CURRENT ASSETS
Cash at bank and in hand
Restricted funds
CHARITY FUNDS
2021

119480
119480
86678
52293
138971
(114550)
24421
0
143901
=====
0
143901
143901
=====

The notes on pages 16 to 24 from part of these accounts. Approved by the Board of Trustees on 29 September 2023.and signed on its behalf by Sadik Cinar, Trustee.

Sadik Cinar Chairman

8

ANATOLIAN MUSLIMS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), 'Accounting and Reporting by Charities' published in March 2005 and applicable accounting standards.

1.2 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

1.3 Incoming resources

All incoming resources are included in the Statement of financial activities when the charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability.

Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable No income is recognised where there is no financial cost borne by a third party.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable

1.4 Resources expended

Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled, Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

9

ANATOLIAN MUSLIMS SOCIETY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. ACCOUNTING POLICIES (continued)

1.5 Tangible fixed assets and depreciation

All assets costing more than £ 500 are capitalised.

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures and fittings 25% reducing balance

1.6 Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.

Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.

Exchange gains and losses are recognised in the Statement of financial activities.

1.7 Programme related investment

Programme related investments are stated at the cost of investment.

2. VOLUNTARY INCOME
Donations
Grants
Voluntary Income
3. TRADING ACTIVITIES
Charity trading income
Charity trading income-Domestic
Net income from trading activities
Unristricted
Funds
£
195514
16394
211908
Unristricted
Funds
£
0
0
Restricted
Funds
£
0
Restricted
Funds
£
-
0
2022
Total
£
195514
16394
211908
2022
Total
£
0
0
2021
Total
£
143875
8957
152832
2021
Total
£
0

10

ANATOLIAN MUSLIMS SOCIETY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

4. INVESTMENTINCOME
Unristricted
Funds
£
Rental Income
0
5. INCOMING RESOURCES FROM CHARITABLE
Unristricted
Funds
£
Charitable Activities
0
6. OTHER INCOMING RESOURCES
Unristricted
Funds
£
Other incoming resources
33
7. EXPENDITURE BY CHARITABLE ACTIVITY
SUMMARY BY FUND TYPE
Unristricted
Funds
£
Investment Income
0
Charitable Activities
186508
186508
SUMMARY BY EXPENDITURE TYPE
Staff
Costs
£
Investment Income
Charitable Activities
39526
39526
Restricted
2022
Funds
Total
£
£
0
0
ACTIVITIES
Restricted
2022
Funds
Total
£
£
0
0
Restricted
2022
Funds
Total
£
£
0
33
Restricted
2022
Funds
Total
£
£
0
0
0
186508
0
186508
Other
2022
Costs
Total
£
£
0
146982
186508
146982
186508
2021
Total
£
0
2021
Total
£
0
2021
Total
£
2021
Total
£
0
136283
136283
2021
Total
£
0
136283
136283

11

ANATOLIAN MUSLIMS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

8. GOVERNANCE COSTS
Unrestricted
Funds
£
Governance- Accountants fees
480
Governance - Premises costs for head office
5948
Governance - telephone
Governance expense - computer expenses
Governance expense - wages and salaries
4392
Governance expense - NI
7408
Governance - depreciation - tangible fixed assets
1000
19228
====
9. OTHER RESOURCES EXPENDED
Unrestricted
Funds
£
Loss((profit) on disposal of fixed asset
0
====
10. DIRECT COSTS
Basis of Unrestricted
All Charitable activities
Allocation
Funds
£
Charitable Contributions/Purchases
Direct
33886
Cleaning
Direct
751
Staff training and welfare
Direct
330
Premises
Direct
53529
Insurance
Direct
4961
Fundraising expenses
Direct
1237
Professional fees
Direct
Printing, Postage and Stationary
Direct
Motor expenses
Direct
Office / admin expenses
Direct
591
Telephone and internet
Direct
725
Travel and substance
Direct
145
Repairs and Renewals
Direct
6803
Bank Charges
Direct
1596
Consultancy fees
Direct
28679
Subscriptions
Direct
80
Miscellaneous
Direct
8931
Advertising
Direct
1719
Paypal/stripe fees
Direct
Software
Direct
367
Wages and salaries
Direct
39526
Pension
Direct
2652
Purchases
186508
====
12
Unrestricted
Funds
£
480
5948
4392
7408
1000
Restricted
Funds
£
0
====
Restricted
Funds
£
0
====
Restricted
Funds
£
0
====
2022
Total
£
480
5948
0
0
4392
7408
1000
2021
Total
£
500
5712
127
3978
2264
3750
19228
====
Unrestricted
Funds
£
19228
====
2022
Total
£
16331
====
2021
Total
£
0
====
2022
Total
£
33886
751
330
53529
4961
1237
0
0
0
591
725
145
6803
1596
28679
80
8931
1719
-
367
39526
2652
0
====
2021
Total
£
18964
315
1235
51413
969
9465
820
16
1141
122
1497
4312
201
8350
1309
35798
356
186508
====
12
186508
====
136283
====

ANATOLIAN MUSLIMS SOCIETY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

11. ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE

Staff Costs
Depreciation
Other Costs
2022
£
£
£
£
Investment Income
0
0
0
0
Charitable Activities
39526
0
146982
186508
Charitable activities
39526
0
146982
186508
Governance
11800
1000
6428
19228
Loss on disposal of fixed assets
0
0
0
0
51326
1000
153410
205736
12. ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES
Activities undertaken
Total
Directly
Support Costs
2022
£
£
£
Investment Income
0
0
0
Charitable Activities
0
19228
19228
Total
0
19228
19228
13. NET INCOMING RESOURCES
This is stated after charging:
2022
2021
£
£
Depreciation of tangible fixed assets: owned by charity
1000
Auditor's remuneration
0
0
Governance Accountant fees
480
2022
£
0
186508
2021
£
0
186508
19228
0
0
205736
Total
2021
£
19228
2021
£
0

During the year, no Trustees received any remuneration (2020 -£NIL). During the year, no Trustees received any benefits in kind (2020 -£NIL).

During the year, no Trustees received any reimbursement of expenses (2020 -£NIL).

14. STAFF COSTS

Staff costs were as follows:

Wages and salaries
Social security costs
The average monthly number of employees during the year was as follows:
2022
£
43918
7408
51326
2022
No.
2021
£
2021
No.
10

No employee received remuneration amounting to more than £60,000 in either year.

13

ANATOLIAN MUSLIMS SOCIETY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

15. TANGIBLE FIXED ASSETS

Land & Fixtures & Motor
Buildings Fittings Vehicles TOTAL
Cost £
At 31.12.21 34400 115830 0 150230
Additions 0 12405 14500 26905
At 31.12.22 34400 128235 14500 177135
Depreciation
At 31.12.21 0 30750 0 30750
charge for period 0 500 500 1000
At 31.12.22 0 31250 500 31750
Net book values
At 31.12.22 34400 96985 14000 145385
At 31.12.21 34400 85080 0 119480

14

ANATOLIAN MUSLIMS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

16. DEBTORS

EBTORS
2022 2021
£ £
Due after more than one year
Other Debtors 0 0
Due within one year
Trade debtors 69328 64254
Other debtors 24640 22424
93968 86678

17. CREDITORS: Amount falling due within one year

2022
£
Bank loans and Overdraft
0
Trade creditors
110050
Other taxation and social security
0
Other creditors
1000
Accruals and deferred income
0
111050
2021
£
0
95025
0
19525
0
114550

18. CREDITORS: Amount falling due after one year

Bank loans
Other creditors
2022
£
0
0
0
2021
£
0
0
0

15

ANATOLIAN MUSLIMS SOCIETY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

19. PRIOR YEAR ADJUSTMENT

There is no prior year adjsutment this year

20. STATEMENT OF FUNDS

Designated Funds
General Funds
General Funds-all funds
Total Unrestricted funds
Restricted funds
Restricted funds-all funds
Total of funds
SUMMARY OF FUNDS
General Funds
Restricted funds
Brought
Forward
£
143901
143901
0
143901
Restated
Brought
Forward
£
143901
0
143901
Incoming
Resources
£
211941
211941
0
211941
Incoming
Resources
£
211941
0
211941
Resources
Expended
£
(205736)
(205736)
(205736)
Resources
Expended
£
(205736)
(205736)
Transfers
In/Out
£
0
Carried
Forward
£
150106
0 150106
0 0
0 150106
Transfers
In/Out
£
0
0
Carried
Forward
£
150106
0
0 150106

16

ANATOLIAN MUSLIMS SOCIETY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

22. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible fixed assets
Debtors due after more than 1 year
Current assets
Creditors due within one year
Creditors due in more than one year
Unrestricted
Restricted
Total
Total
Funds
Funds
2022
2021
£
£
£
£
145385
0
145385
119480
0
0
0
0
115771
0
115771
138971
(111050)
0
(111050)
(114550)
0
0
0
0
150106
0
150106
143901

23. RELATED PARTY TRANSACTIONS

There was not any related party transaction with any of the trustees this year and last year.

17