Trustees’ Annual Report for the period
From 01 July 2022 Period start date to 30 June 2023 Period end date
Charity name: AL ATHARIYYAH
Charity registration number: 1116996
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To promote the knowledge of Allah (God) as portrayed in the authentic sources of Islam and according to the way of the Salaf-as-Saalih (Pious Predecessors). |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Religious activities to the general public/mankind through advocacy/advice/information and establishment of a place of worship/community centre. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | When planning our activities for the year, the trustees have considered the Commission’s guidance on the public benefit and in particular, the specific guidance on charities for the advancement of religion. In particular we try to enable ordinary people to live out their faith as part of our community through worship and prayer, learning about Quran; and developing their knowledge and trust in God. To facilitate this work it is important that we maintain **the fabric of the Mosque. ** |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment
Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The charity is raising funds from the general public for the maintenance of Mosque and community centre. The trustees are keen to offer a range of services during the week and over the course of the year that our community find both beneficial and spiritually fulfilling. Daily prayers provide a quiet, intimate and reflective environment for worship. In addition to this a great deal of time and thought was spent during the year on arranging events and inviting speakers for speeches and discussion on religious affairs. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity was able to raise funds from the community for the continuation of its activities during the year. Total receipts were £134,041 and the net result for the year was an excess of **receipts over payments of £26,910. ** |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | It is trustees policy to maintain a balance of funds which equates to at least three months of payments, equivalent to £10,000 to cover emergency situations that may arise **from time to time. ** |
| Amount of reserves held | Para 1.22 | £10,000 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Donations received from the general public. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
It’s a registered charity. | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust Deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Trust registered with Charity Commission |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Appointed in accordance to procedure set out within the trust deed. |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Al Athariyyah |
|---|---|
| Other name the charity uses | |
| Registered charitynumber | 1116996 |
| Charity’s principal address | PO Box: 48160, London E6 9AJ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Ozan Cicek | Nominated Contact Person |
|||
| Saeed Rehmat | ||||
| Wajid Riaz | ||||
Corporate trustees – names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Ozan Cicek | ||
Nominated Contact Person |
||
| 05/02/2024 | ||
| 05/02/2024 |
AL ATHARIYYAH
Trustees Report & Annual Financial Statements Year Ended 30 June 2023
Registered Charity Number: 1116996
AL ATHARIYYAH
Year Ended 30 June 2023
| Contents | Page(s) |
|---|---|
| Charity information | 2 |
| Trustees' Report | 3-4 |
| Independent examiner's report | 5 |
| Statement of Financial Activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8-13 |
Page 1
AL ATHARIYYAH
Year Ended 30 June 2023
Charity Information
Trustees
The trustees who served during the year were:
Mr Wajid Riaz Mr Saeed Rehmat Mr Ozan Cicek
Secretary
Mr Ozan Cicek
Accountants
Grace Accountancy Services (Lei) 313 East Park Road Leicester LE5 5HL
Principal Bankers
HSBC
Head office
PO Box: 48160 London E6 9AJ
Registered charity number 1116996
Page 2
AL ATHARIYYAH
Year Ended 30 June 2023
TRUSTEES' REPORT
The trustees present their report and accounts for the year ended 30 June 2023.
Governing Document
The Charity is governed by a trust deed dated 16 October 2006 The document is described as the constitution.
Objects of the Charity
To Promote : The knowledge of Allah (God) as portrayed in the authentic sources of islam and according to the way of Salaf - AS - Saalih (pious predecessors) .
Investment Powers
The trustees have broad investment powers.
Election and Appointment of Trustees
Elections to the management committee are carried in accordance with the procedures set out in Trust Deed.
Activities and Achievments
The trust has had a satisfactory year.
Other
Further policies of the trust are set out in note 10 to the accounts.
Page 3
AL ATHARIYYAH
Year Ended 30 June 2023
Statement of trustees' responsibilities
Law applicable to Charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true & fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards and statements of recommended practice have been followed,
-
subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to
-
presume that the charity will continue in business.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, Statement of Recommended Practice 2005 and the Trust Deed.
They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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…………………………………………………
Approved on Behalf of the Trust
Mr Ozan Cicek
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05 February 2024
Page 4
AL ATHARIYYAH
Year Ended 30 June 2023
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AL ATHARIYYAH
I report on the accounts of the Trust for the year ended 30 June 2023, which are set out on pages 6 to 13.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 and that an independent examination is desired. The charity's gross income did not exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of ACCA.
It is my responsibility to:
-
1 examine the accounts under section 145 of the 2011 Act; 2 to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act, and
-
3 to state whether particular matters have come to my attention.
Basis of Independent Examiner's Statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
1 which gives me reasonable cause to believe that in, any material respect, the requirements:
(a) to keep accounting records in accordance with section 130 of the 2011 Act; and (b) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Sarfraz Khan FCCA
Grace Accountancy Services (Lei) 313 East Park Road
Leicester
LE5 5HL
05 February 2024
Page 5
AL ATHARIYYAH
Year Ended 30 June 2023
AL ATHARIYYAH
Statement of Financial Activities For the year ended 30 June 2023
| AL ATHARIYYAH Statement of Financial Activities For the year ended 30 June 2023 |
||
|---|---|---|
| Notes Income and Expenditure Incoming Resources Donations, legacies and similar Income from activities in furtherance of objects Income from activities for generating funds Total incoming resources Resources Expended (see explanatory notes) Costs of activities for charitable objectives 2 Support Costs 2 Management and administration costs 2 Total resources expended Net incoming resources before transfers Net incoming/(outgoing) resources after transfers Net movement in funds 9 |
Unrestricted Funds £ 134,041 - 134,041 52,785 53,746 600 107,131 26,910 - 26,910 26,910 |
Total Total Funds Funds 2023 2022 £ £ 134,041 122,079 - |
| 134,041 122,079 |
||
| 52,785 41,346 53,746 40,407 600 600 |
||
| 107,131 82,353 |
||
| 26,910 39,726 - - |
||
| 26,910 39,726 |
||
| 26,910 39,726 |
Page 6
AL ATHARIYYAH
Year Ended 30 June 2023
AL ATHARIYYAH Balance Sheet As at 30 June 2023
| AL ATHARIYYAH Balance Sheet As at 30 June 2023 |
||
|---|---|---|
| Notes Fixed assets Tangible assets 5 Total fixed assets Current assets Stock Cash at bank and in hand Debtors 6 Total current assets Creditors: amounts falling due within one year 7 Net current assets/(liabilities) Total assets less current liabilities Creditors: amounts falling due after one year 8 Net Assets Capital funds Permanent endowment 9 Income funds Unrestricted funds 9 Total funds |
Unrestricted Funds £ 959,934 959,934 252,911 - 252,911 (600) 252,311 1,212,245 - 1,212,245 - 1,212,245 1,212,245 |
Total funds Total funds 2023 2022 £ £ 959,934 961,544 |
| 959,934 961,544 |
||
| - - 252,911 224,391 - - |
||
| 252,911 224,391 |
||
| (600) (600) 252,311 223,791 |
||
| 1,212,245 1,185,335 |
||
| - - |
||
| 1,212,245 1,185,335 |
||
| - - 1,212,245 1,185,335 |
||
| 1,212,245 1,185,335 |
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…………………………………………………
Approved on Behalf of the Trust
Mr Ozan Cicek
05 February 2024
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Page 7
AL ATHARIYYAH
Year Ended 30 June 2023
Notes to the financial statements
1 ACCOUNTING POLICIES
The accounts have been prepared under the historical cost convention and in accordance with the Charities Acts 2011 and the Statement of Recommended Practice 2005 (SORP).
| Incoming Resources: | |
|---|---|
| Donations, legacies and similar | These are included in the Statement of Financial Activities (SOFA) when: |
| incoming resources | - the charity becomes entitled to the donation, legacy or similar income |
| and any conditions for receipt are met. | |
| - the trustees are reasonably certain they will receive it; and | |
| - the trustees are reasonably certain that the value can be reliably | |
| measured. | |
| Tax reclaims on donations and gifts | Incoming resources from tax claims are included on the SOFA at the |
| same time as the gift to which they relate, to the extent that | |
| tax recoverability is certain. | |
| Incoming resources from fund | These are reported gross in the SOFA. |
| raising | |
| Gifts in kind for sale or distribution | These are included in the accounts as gifts only when sold or distributed |
| by the charity. Gifts in kind are accounted for at a reasonable estimate | |
| of their value to the charity or the amount actually realised. | |
| Gifts in kind for use by the charity | These are included in the SOFA as incoming resources when receivable. |
| Intangible income | This is only included in the accounts when the benefit received is actually |
| (e.g. donated facilities) | quantifiable, receivable and material, and the cost is being borne by a |
| third party. When included it is valued at the lower of the cost borne by | |
| the third party, and the reasonable estimate of the value to the charity. | |
| Investment income | This and any associated tax credits are included in the accounts when |
| receivable. | |
| Expenditure & Liabilities: | |
| Liability recognition | Generally liabilities are recognised as soon as there is a legal obligation |
| or constructive obligation committing the charity to expenditure. | |
| Assets: | |
| Tangible fixed assets for use by | These are only capitalised when they can be used for more than a year |
| the charity | and cost more than £250. They are valued at cost or a reasonable value |
| on receipt. The charity does not have a policy of revaluation. | |
| Depreciation is charged on a straight line basis over the estimated | |
| useful life of the underlying asset. The following rates apply: | |
| Plant & Equipment 25% |
|
| Value Added Tax | Expenditure is shown inclusive of VAT. |
| Funds | |
| Restricted | Restricted funds are subject to specific conditions imposed by the donors |
| Permanent Endowment | The capital of such funds will be held until the objectives of the Trust are |
| satisfied. |
Page 8
AL ATHARIYYAH
Year Ended 30 June 2023
Notes to the financial statements (continued)
2 EXPENDITURE
The Charity has analysed its resources expended on the functional basis provided by the SORP.
| Costs of activities in furtherance of the charity's objects Unrestricted Professional fees Office, Stationery & Postage Donations Total Support Costs Unrestricted Heat & Light Insurance Water Travel Expenses Repairs Security & Safety IT Wages Accomodation Depreciation Total Management and administration costs Unrestricted Accountancy fees Total |
2023 2022 £ £ 22,308 9,558 7,222 21,679 23,255 10,109 |
|---|---|
| 52,785 41,346 |
|
| 2023 2022 £ £ 5,989 2,979 - 520 - - - - - - - - 4,598 1,688 36,527 28,847 5,022 4,227 1,610 2,146 |
|
| 53,746 40,407 |
|
| 2023 2022 £ £ 600 600 |
|
| 600 600 |
Page 9
AL ATHARIYYAH
Year Ended 30 June 2023
Notes to the financial statements (continued)
3 SALARIES AND WAGES
Detailed information covering all the employees of the charity:
| Gross wages and salaries Total staff costs Average number of employees for the year |
2023 2022 £ £ 36,527 28,847 |
|---|---|
| 36,527 28,847 |
|
| 6 6 |
|
4 TRUSTEES AND OTHER RELATED PARTIES
Related party transactions: There were no related party transactions of the charity in the period.
5 TANGIBLE FIXED ASSETS
| Cost at 1 July 2022 Additions Disposal at 30 June 2023 Depreciation at 1 July 2022 Charged in year Disposal at 30 June 2023 Net book value at 30 June 2023 at 1 July 2022 |
Land & Safety Computer Total Building Equipment £ £ £ £ 955,105 10,787 400 966,292 - |
|---|---|
| 955,105 10,787 400 966,292 |
|
| 4,376 372 4,748 1,603 7 1,610 |
|
| - 5,979 379 6,358 |
|
| 955,105 4,808 21 959,934 955,105 6,411 28 961,544 |
Page 10
AL ATHARIYYAH
Year Ended 30 June 2023
Notes to the financial statements (continued)
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6 DEBTORS
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AMOUNTS FALLING DUE WITHIN ONE YEAR
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2023 2022
£ £
Unrestricted
Trade debtors & prepayments
Total - -
7 CREDITORS
AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Unrestricted
Trade Creditors & Accruals 600 600
Total 600 600
8 CREDITORS
AMOUNTS FALLING DUE AFTER ONE YEAR
2023 2022
£ £
Unrestricted
Loan
Total - -
The loan is unsecured, non-interest bearing and not repayable on demand.
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Page 11
AL ATHARIYYAH
Year Ended 30 June 2023
Notes to the financial statements (continued)
9 MOVEMENT OF THE MAJOR FUNDS
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Fund Name
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Permanent Unrestricted
Endowment Income Fund Total
Incoming Resources 134,041 134,041
Expenditure (107,131) (107,131)
Transfers
Gains and losses
Net movement
- 26,910 26,910
Opening Balance 1,185,335 1,185,335
Closing Balance - 1,212,245 1,212,245
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ENDOWMENT & RESTRICTED FUNDS
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Type
Fund Name PE, EE or RF Purpose and Restrictions
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10 OTHER INFORMATION
1 Capital Commitments
There were no capital commitments at the year end.
- 2 The charity has not given any guarantees to third parties that could be called on at the year end.
3 The charity has not granted any loans that are outstanding at the year end to any institution associated with the charity.
-
4 The charity did not make any ex-gratia payments during the year .
-
5 The charity has not received any restricted funds since its inception
Page 12
AL ATHARIYYAH
Year Ended 30 June 2023
Notes to the financial statements (continued)
11 DECLARATIONS BY TRUSTEES
| Adequacy of assets to meet fund | Sufficient resources are held in an appropriate form to enable each fund |
|---|---|
| restrictions | to be applied in accordance with the restrictions imposed. |
| Change in year end | The trustees have not changed the year end date nor the length of the |
| charity's financial year | |
| Designated Funds | The charity does not have any designated funds. |
| Discontinued, continuing and | All the charity's operations are continuing and there are no operations that |
| acquired operations | were discontinued or acquired during the year. |
| Funds in deficit | No funds (unrestricted, designated, restricted or endowment) are in cash |
| deficit at the balance sheet date. | |
| Inalienable or historic assets | The charity had no assets at the balance sheet classed as inalienable |
| or historic. | |
| Inter-fund loans | There were no inter-fund loans outstanding at the balance sheet date. |
| Revaluations | None of the charity's functional fixed assets have been revalued during |
| the year and the charity does not have a policy of revaluation of these | |
| assets. | |
| Subsidiaries | The charity has no subsidiary companies. |
| Uncapitalised fixed assets | The charity has no material fixed assets which have not been capitalised |
| and included on the balance sheet. |
Page 13
AL ATHARIYYAH
Trustees Report & Annual Financial Statements Year Ended 30 June 2023
Registered Charity Number: 1116996
AL ATHARIYYAH
Year Ended 30 June 2023
| Contents | Page(s) |
|---|---|
| Charity information | 2 |
| Trustees' Report | 3-4 |
| Independent examiner's report | 5 |
| Statement of Financial Activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8-13 |
Page 1
AL ATHARIYYAH
Year Ended 30 June 2023
Charity Information
Trustees
The trustees who served during the year were:
Mr Wajid Riaz Mr Saeed Rehmat Mr Ozan Cicek
Secretary
Mr Ozan Cicek
Accountants
Grace Accountancy Services (Lei) 313 East Park Road Leicester LE5 5HL
Principal Bankers
HSBC
Head office
PO Box: 48160 London E6 9AJ
Registered charity number 1116996
Page 2
AL ATHARIYYAH
Year Ended 30 June 2023
TRUSTEES' REPORT
The trustees present their report and accounts for the year ended 30 June 2023.
Governing Document
The Charity is governed by a trust deed dated 16 October 2006 The document is described as the constitution.
Objects of the Charity
To Promote : The knowledge of Allah (God) as portrayed in the authentic sources of islam and according to the way of Salaf - AS - Saalih (pious predecessors) .
Investment Powers
The trustees have broad investment powers.
Election and Appointment of Trustees
Elections to the management committee are carried in accordance with the procedures set out in Trust Deed.
Activities and Achievments
The trust has had a satisfactory year.
Other
Further policies of the trust are set out in note 10 to the accounts.
Page 3
AL ATHARIYYAH
Year Ended 30 June 2023
Statement of trustees' responsibilities
Law applicable to Charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true & fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards and statements of recommended practice have been followed,
-
subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to
-
presume that the charity will continue in business.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, Statement of Recommended Practice 2005 and the Trust Deed.
They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
----- Start of picture text -----
…………………………………………………
Approved on Behalf of the Trust
Mr Ozan Cicek
----- End of picture text -----
05 February 2024
Page 4
AL ATHARIYYAH
Year Ended 30 June 2023
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AL ATHARIYYAH
I report on the accounts of the Trust for the year ended 30 June 2023, which are set out on pages 6 to 13.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 and that an independent examination is desired. The charity's gross income did not exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of ACCA.
It is my responsibility to:
-
1 examine the accounts under section 145 of the 2011 Act; 2 to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act, and
-
3 to state whether particular matters have come to my attention.
Basis of Independent Examiner's Statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
1 which gives me reasonable cause to believe that in, any material respect, the requirements:
(a) to keep accounting records in accordance with section 130 of the 2011 Act; and (b) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Sarfraz Khan FCCA
Grace Accountancy Services (Lei) 313 East Park Road
Leicester
LE5 5HL
05 February 2024
Page 5
AL ATHARIYYAH
Year Ended 30 June 2023
AL ATHARIYYAH
Statement of Financial Activities For the year ended 30 June 2023
| AL ATHARIYYAH Statement of Financial Activities For the year ended 30 June 2023 |
||
|---|---|---|
| Notes Income and Expenditure Incoming Resources Donations, legacies and similar Income from activities in furtherance of objects Income from activities for generating funds Total incoming resources Resources Expended (see explanatory notes) Costs of activities for charitable objectives 2 Support Costs 2 Management and administration costs 2 Total resources expended Net incoming resources before transfers Net incoming/(outgoing) resources after transfers Net movement in funds 9 |
Unrestricted Funds £ 134,041 - 134,041 52,785 53,746 600 107,131 26,910 - 26,910 26,910 |
Total Total Funds Funds 2023 2022 £ £ 134,041 122,079 - |
| 134,041 122,079 |
||
| 52,785 41,346 53,746 40,407 600 600 |
||
| 107,131 82,353 |
||
| 26,910 39,726 - - |
||
| 26,910 39,726 |
||
| 26,910 39,726 |
Page 6
AL ATHARIYYAH
Year Ended 30 June 2023
AL ATHARIYYAH Balance Sheet As at 30 June 2023
| AL ATHARIYYAH Balance Sheet As at 30 June 2023 |
||
|---|---|---|
| Notes Fixed assets Tangible assets 5 Total fixed assets Current assets Stock Cash at bank and in hand Debtors 6 Total current assets Creditors: amounts falling due within one year 7 Net current assets/(liabilities) Total assets less current liabilities Creditors: amounts falling due after one year 8 Net Assets Capital funds Permanent endowment 9 Income funds Unrestricted funds 9 Total funds |
Unrestricted Funds £ 959,934 959,934 252,911 - 252,911 (600) 252,311 1,212,245 - 1,212,245 - 1,212,245 1,212,245 |
Total funds Total funds 2023 2022 £ £ 959,934 961,544 |
| 959,934 961,544 |
||
| - - 252,911 224,391 - - |
||
| 252,911 224,391 |
||
| (600) (600) 252,311 223,791 |
||
| 1,212,245 1,185,335 |
||
| - - |
||
| 1,212,245 1,185,335 |
||
| - - 1,212,245 1,185,335 |
||
| 1,212,245 1,185,335 |
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…………………………………………………
Approved on Behalf of the Trust
Mr Ozan Cicek
05 February 2024
----- End of picture text -----
Page 7
AL ATHARIYYAH
Year Ended 30 June 2023
Notes to the financial statements
1 ACCOUNTING POLICIES
The accounts have been prepared under the historical cost convention and in accordance with the Charities Acts 2011 and the Statement of Recommended Practice 2005 (SORP).
| Incoming Resources: | |
|---|---|
| Donations, legacies and similar | These are included in the Statement of Financial Activities (SOFA) when: |
| incoming resources | - the charity becomes entitled to the donation, legacy or similar income |
| and any conditions for receipt are met. | |
| - the trustees are reasonably certain they will receive it; and | |
| - the trustees are reasonably certain that the value can be reliably | |
| measured. | |
| Tax reclaims on donations and gifts | Incoming resources from tax claims are included on the SOFA at the |
| same time as the gift to which they relate, to the extent that | |
| tax recoverability is certain. | |
| Incoming resources from fund | These are reported gross in the SOFA. |
| raising | |
| Gifts in kind for sale or distribution | These are included in the accounts as gifts only when sold or distributed |
| by the charity. Gifts in kind are accounted for at a reasonable estimate | |
| of their value to the charity or the amount actually realised. | |
| Gifts in kind for use by the charity | These are included in the SOFA as incoming resources when receivable. |
| Intangible income | This is only included in the accounts when the benefit received is actually |
| (e.g. donated facilities) | quantifiable, receivable and material, and the cost is being borne by a |
| third party. When included it is valued at the lower of the cost borne by | |
| the third party, and the reasonable estimate of the value to the charity. | |
| Investment income | This and any associated tax credits are included in the accounts when |
| receivable. | |
| Expenditure & Liabilities: | |
| Liability recognition | Generally liabilities are recognised as soon as there is a legal obligation |
| or constructive obligation committing the charity to expenditure. | |
| Assets: | |
| Tangible fixed assets for use by | These are only capitalised when they can be used for more than a year |
| the charity | and cost more than £250. They are valued at cost or a reasonable value |
| on receipt. The charity does not have a policy of revaluation. | |
| Depreciation is charged on a straight line basis over the estimated | |
| useful life of the underlying asset. The following rates apply: | |
| Plant & Equipment 25% |
|
| Value Added Tax | Expenditure is shown inclusive of VAT. |
| Funds | |
| Restricted | Restricted funds are subject to specific conditions imposed by the donors |
| Permanent Endowment | The capital of such funds will be held until the objectives of the Trust are |
| satisfied. |
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AL ATHARIYYAH
Year Ended 30 June 2023
Notes to the financial statements (continued)
2 EXPENDITURE
The Charity has analysed its resources expended on the functional basis provided by the SORP.
| Costs of activities in furtherance of the charity's objects Unrestricted Professional fees Office, Stationery & Postage Donations Total Support Costs Unrestricted Heat & Light Insurance Water Travel Expenses Repairs Security & Safety IT Wages Accomodation Depreciation Total Management and administration costs Unrestricted Accountancy fees Total |
2023 2022 £ £ 22,308 9,558 7,222 21,679 23,255 10,109 |
|---|---|
| 52,785 41,346 |
|
| 2023 2022 £ £ 5,989 2,979 - 520 - - - - - - - - 4,598 1,688 36,527 28,847 5,022 4,227 1,610 2,146 |
|
| 53,746 40,407 |
|
| 2023 2022 £ £ 600 600 |
|
| 600 600 |
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AL ATHARIYYAH
Year Ended 30 June 2023
Notes to the financial statements (continued)
3 SALARIES AND WAGES
Detailed information covering all the employees of the charity:
| Gross wages and salaries Total staff costs Average number of employees for the year |
2023 2022 £ £ 36,527 28,847 |
|---|---|
| 36,527 28,847 |
|
| 6 6 |
|
4 TRUSTEES AND OTHER RELATED PARTIES
Related party transactions: There were no related party transactions of the charity in the period.
5 TANGIBLE FIXED ASSETS
| Cost at 1 July 2022 Additions Disposal at 30 June 2023 Depreciation at 1 July 2022 Charged in year Disposal at 30 June 2023 Net book value at 30 June 2023 at 1 July 2022 |
Land & Safety Computer Total Building Equipment £ £ £ £ 955,105 10,787 400 966,292 - |
|---|---|
| 955,105 10,787 400 966,292 |
|
| 4,376 372 4,748 1,603 7 1,610 |
|
| - 5,979 379 6,358 |
|
| 955,105 4,808 21 959,934 955,105 6,411 28 961,544 |
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AL ATHARIYYAH
Year Ended 30 June 2023
Notes to the financial statements (continued)
----- Start of picture text -----
6 DEBTORS
----- End of picture text -----
----- Start of picture text -----
AMOUNTS FALLING DUE WITHIN ONE YEAR
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----- Start of picture text -----
2023 2022
£ £
Unrestricted
Trade debtors & prepayments
Total - -
7 CREDITORS
AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Unrestricted
Trade Creditors & Accruals 600 600
Total 600 600
8 CREDITORS
AMOUNTS FALLING DUE AFTER ONE YEAR
2023 2022
£ £
Unrestricted
Loan
Total - -
The loan is unsecured, non-interest bearing and not repayable on demand.
----- End of picture text -----
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AL ATHARIYYAH
Year Ended 30 June 2023
Notes to the financial statements (continued)
9 MOVEMENT OF THE MAJOR FUNDS
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Fund Name
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----- Start of picture text -----
Permanent Unrestricted
Endowment Income Fund Total
Incoming Resources 134,041 134,041
Expenditure (107,131) (107,131)
Transfers
Gains and losses
Net movement
- 26,910 26,910
Opening Balance 1,185,335 1,185,335
Closing Balance - 1,212,245 1,212,245
----- End of picture text -----
ENDOWMENT & RESTRICTED FUNDS
----- Start of picture text -----
Type
Fund Name PE, EE or RF Purpose and Restrictions
----- End of picture text -----
10 OTHER INFORMATION
1 Capital Commitments
There were no capital commitments at the year end.
- 2 The charity has not given any guarantees to third parties that could be called on at the year end.
3 The charity has not granted any loans that are outstanding at the year end to any institution associated with the charity.
-
4 The charity did not make any ex-gratia payments during the year .
-
5 The charity has not received any restricted funds since its inception
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AL ATHARIYYAH
Year Ended 30 June 2023
Notes to the financial statements (continued)
11 DECLARATIONS BY TRUSTEES
| Adequacy of assets to meet fund | Sufficient resources are held in an appropriate form to enable each fund |
|---|---|
| restrictions | to be applied in accordance with the restrictions imposed. |
| Change in year end | The trustees have not changed the year end date nor the length of the |
| charity's financial year | |
| Designated Funds | The charity does not have any designated funds. |
| Discontinued, continuing and | All the charity's operations are continuing and there are no operations that |
| acquired operations | were discontinued or acquired during the year. |
| Funds in deficit | No funds (unrestricted, designated, restricted or endowment) are in cash |
| deficit at the balance sheet date. | |
| Inalienable or historic assets | The charity had no assets at the balance sheet classed as inalienable |
| or historic. | |
| Inter-fund loans | There were no inter-fund loans outstanding at the balance sheet date. |
| Revaluations | None of the charity's functional fixed assets have been revalued during |
| the year and the charity does not have a policy of revaluation of these | |
| assets. | |
| Subsidiaries | The charity has no subsidiary companies. |
| Uncapitalised fixed assets | The charity has no material fixed assets which have not been capitalised |
| and included on the balance sheet. |
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