## **KENT MUSLIM WELFARE ASSOICATION LTD** **114 Canterbury Street, Gillingham, Kent, ME7 5UH Charity No. 1117731 Web: www.kmwa.org.uk Tel/Fax: 01634 850878** ## **GENERAL SECRETARY AND CHAIRMANS REPORT FOR 2020-2021** Dear Brothers and Sisters in Islam – Assalamu – alaikum wa rahmatullahe wo barakatuhu. We have had a major challenge in the past 12 months with the challenges and consequences of COVID, the lockdown and the closure of the Masjid. We have for much of the year had to furlough our staff and suspend our normal activities. Our elections for 2020 were suspended. However, our community rose to the challenge, and we rapidly developed an active volunteers group. The group quickly started to help the wider community with the manufacture of 10,000 masks which were distributed across the community as well as for example, food distributors, food bank drivers and ambulance drivers. The volunteers groups were also responsible for the distribution of food for the foodbanks; the purchasing and delivering of food to those people who could not leave their homes; the collecting and delivering of prescription medicines; the befriending people who had become isolated; the assistance with Muslim funerals especially for those with no family or means. This activity has persisted throughout the year and now grown with the twice daily collection of food from CO-OP stores and its distribution to hostels for the homeless across Medway, Sittingbourne & Sheppey and Maidstone. Sister Rizwana Shelley deserves an enormous amount of credit for the co-ordination of the volunteers service. Ramadaan was in the first lockdown but we were able to continue our engagement with the community via the development of our social media, the use of WhatsApp and Zoom (we even managed to broadcast a few friendly quiz competitions). Our more tech-minded people, especially Brother Fayaz, were able to assist with producing some nicely put together appeals and Ramadaan messages and talks, and our Imams delivered regular sermons and Tafsirs which were broadcast via WhatsApp and live Duas at the breaking of the fasts on our Mixlr channel.The 27th night programme was broadcast via Zoom with a good reception. Al hamdu lillah, we managed to raise around £70,000.00 in Ramadaan through donations and Qarde Hasana. The Masjid has been well looked after by Brothers Agha Naeem Khan, Sajid Khan, Waseem Mirza and Rizwan Chohan and we were able, after a few months to open the Masjid with restrictions in July. It was very challenging for all and we were not able to accommodate everyone, having to operate a booking system and social distancing according to our risk assessments. But alhamdu lillah were able at least to reopen the Masjid and continue with at least a sense of normality. For those people who could not attend, the Bayaans were regularly broadcast on Fridays in advance of the Jummah Prayer. We were able to open the Masjid for Eid – ul Adha prayers. It was necessary to close the Masjid again in November 2020 as a second lockdown and second wave loomed. The lockdown lasted until January 2021 when the Masjid was reopened again. Other activities which took place were online, There were ladies sewing classes, the Muslim Scout group help online sessions and there were sessions for the youth with a12+ youth group. We hope to be able to build on activities in the Masjid as we come out of the lockdown situation. We also hope that the vaccination programme being rolled out will have a positive impact and encourage this. Many people lost friends and loved ones through COVID in the last year. Most notable for us was the devastating loss of our friend and colleague Br Anwar Khan. He had been a figurehead in the Masjid for decades and his work for the community had been unsurpassed. He worked tirelessly and had a fierce intellect and an excellent sense of judgement and humour. In his last few months, although in isolation, he continued to work within the volunteers group and translated the whole of the Imams Tafsir into English for the benefit of the community. His skills and sheer hard work and guidance will be sorely missed. We make Dua that Allah has given him the highest place in Jannah and we will miss him as friends and colleagues. We hope and pray that you and your families remain in good health and gain the blessings and rewards from Allah in this life and the next. Assalamu – alaikum wa rahmatullahe wo barakatuhu. Azeem Nader & Issa Rumjaun Regisiered Charity Number Regisiered Company Nurnber 4324371 Kent Muslim Welfare Association (Limited by Guarantee) Report and Accounts 31 March 2021 Shafeen Akbar Chartered Accountant KeDt Muslim Welfare A550eiatiott Limited b GuarnDtee ort and aecounts Contents Pag¢ Charity and Company information Trustees, Report Independeni Examin¢I5 report Siaiement of Financial Aclivit1¢5 Balance sh¢¢t Noics io the accounts 10-12 Detailed Siaternent of Financial Aciivilie5 13-16 Kent Muslim Welfare Association Limited b Guarantee Company Information Tru51ees Mr Issa Ramjaun - Chairnian Dr Craig K¢nnen - Secrethry General Mr Sajid Khan - Treasurer Mr Chaudhry Bashir Ahmed Mr Enamlll Hoque Mr Agha Naccm A Khan Mr Rizwan Chohan Mr Amir A Qurni5hi Mr Waseem Mi Mr Zaki A Rawfy Mr Sherb32 Khan Mr Majid Atshad A¢rountants S Akbar & Co Chancrcd Accountsnis 70 Orchard Sireei RaÈnham GÉllingham Keni MF.8 9AE B4nkers Al Rayan Bank Lloyds TSB Regislered o￿let 114 Canierbury Streei Gillingham Keni ME7 5UH Registered nurnber 4324371 Charity Registered number 117731 Kent Muslim Welfare Association Limi¢ed b Guarantee The re rt of the trustees for ibe ear ended 31 March 2021 Introduetion The Tnjstees present iheiT annual report and accounts for ihe year ended 31 March 2021. The ix)ard of in￿leeS ar¢ satisfied with the perfomiance of the chariry during th¢ year and ihe position at 3191 March 2020 and ¢onsider ihai the charity is in a strong position to continue its activilies during ihe coming year. and that the charitys assets are adequaie io fvifil its obligations. Reference and Administrative information The legal registration details are The RegisiL*red oifice is Charity Rexislrulion Number The lelephone number is 114 Canierbury Streei, Gillingham. Keni ME7 5UH 01634 850878 Objectives and Aetivilies of the Charity A summary olihe ohjects ofihe charlty 05 sei o#1 In Its %overnlng documenL The company continues lo s¢rv¢ the needs and issues and to promote the inlerest of the Muslim Community in Kent. The members of the Bogrd of Trnstee5 of the Charity during ¢he yegr ended 31$t March 2021 were :. Thf members of the Board ofTruslees oftbe Charity *1 the d4le the report gnd aecounts were 4pproved were:. Mr Issa Ramjaun - Chairman Dr Crdig Kennett - Sccretary General Mr Sajid Khan- Treasurer MT Chaudhry Bashir Ahmed Mr Enamul Hoque Mr Abha Naeem A Khan Mr Rizwan Chohan Mr Amir A Quraishi Mr Waseem Mirza Mr Zaki A Rawfy Mr Sherbaz Khan Mr Majid Arshad Independent Examiner Shafttn Akbar Chartered Accounthni 70 Orchard Street Rainham Gillingham Kent Muslim Welfare Association Limited b Guarantee The re ort of the trustees for the ear ended 31 March 2021 St4temenl of Directors, and Trustees, Respon5ibililies The Charities Acis and the Companies Acts require the Board of Trusices io prepare financial select silltabl¢ accouniing w)licies and then apply ihem consi5tenily: - make judgemenis and estimates thai are r¢asonable and pmdeni: and prepare ihe financial statements on the going concern basis unless il is inappropriate to presume Ihai ihe chariiy will coniinue in bu5ine5S. siaie wheiher applicable accounting standards and siaiemenis of recommended practice have been followed. subjeci to any rnai¢rial departures di5clos¢d and explained in the financial siaiemenl5.' Thc Trusiees are also responsible for maintaining adequa￿ accouniing records which disclose with reasonable atcuraLy ai any time the financial posiiion ol Ihe charily and which are suificieni io show and explain the tharity's Irdn5a¢iions and enable ihem 10 engure ihai Ihe fillancial sialem¢nts comply with the Companies Aci 2006 and comply with regulaiions made und¢r ihc Chariii¢s Aci. Thcy arc a150 responsible for safeguarding the assets of the charity and hen¢¢ for iaking ￿asonable sieps for Ih¢ prevention and deieciion of fraud and other irregulari11￿. The Irustees are also responsible for the conienis of ihe InJsiees' repon. and ihe responsibility of the independeni exarniner in relaiion lo Ihe irnstees. report is liffliied to examifiingi th¢ repon and ensuring Ihai , on Ihe face of the repon. Ihere are no in¢onsi51¢llCies wilh ihe figures disclosed in ihe financial siaiemenis. These accounis have been prepared in a¢¢ordance wilh Ihe provisions applicable 10 companies subject io th¢ Small comp4nies regime. This rcport W*5 #pproved by ihe bo8rd of irusttts on 24 Deeernbtr 2021. Dr Craig Kennett Director and Tru51ee Kent Muslim Welfare As$ociatioll Limited b Guarnn¢ee Inde ndent F.xaminer's Re rt to tbe trustees of the chari Re ort ol the Inde endent Examiner to the Irusttt5 on the accounts of the Chsrit for the ear end* 31 Mareh 2021 I report on the financial siaiemenrs of the Charity on pages 6 to 10 for the year ended 3 1 March 2021 whi¢h hav¢ b¢¢n prepared in accordance with ihe Chariiies Act 1993 and with the Financial Rewrting Standard for Smaller Enlilies IFRSSE), effective April 2008, as modified by the S¢aiemeni of Rccomm¢nd¢d Practice for Accounting and Reporting issued by ihe Charity Commissioners for F.ngland & Wal¢s. effective April 2005 as modified in June 2(K18. {'I'he SORP). und¢1 Ihe hisiorical cosi onvention and the accounting policies sd oui on page 7. Respeetlve respon$ibililies of tru5t¢es ¢x4miner As described on page 2, Ihe Charity's trusl¢¢S. who are also ihe direciors of the company for th¢ purposes of company law. are reS￿nSIble for the prepardtion of the flnancial staiemenis. The trusiees are saiisfied that the audit requirement of Section 43(2) of the Chariiie5 Act 1993 Ithe Act) do¢s not apply and thai the accounts do noi require an audil in accordance with Pan 16 of Ihe Companies Act 2006 and thal no member or members have requcsicd an audit pursuant to seciion 476 of ihe Companies Aci 2006, and that ihere is no requirement in ihe governing docum¢nt or constiluiion of ihe Chariiy for ihe conducling of an #udit. As a conseqtsence. the irusitts have elected ihat the financial sialemenis be subject io independent examinalion. Having saiisfied myself ihat ¢he Charity 1$ noi subj¢ci io audit under company law, or oih¢rwis¢. and is eligible for independent examination, il is My responsibility ¢O'.- al examine the accounis under section 43 of the A¢l- b) to follow the procedures laid down in the General Direclions given by the Charity Commission under section 43{7Mbl of ih¢ Art- and: c) io stale whether particular matters have come to my attention. Basi5 of opinion and scope of work utsdert*ken I conducted my examinaiion in accordance with th¢ General Direthions given by the Charity Cornmissioners for England & Wales setting out ihe duiies of an indep¢ndent examiner issued by the Charity Commissioner5 under section 4317Mb) of ihe Aci} in relaiion to the conducting of an independenl ¢xamination, referred to above. An independent examinaiion includes a review of ihe accouniing records kept by the Charity and of the accouniing sysiems employed by ihe Charity and a comparison of the rinanrial statement5 presented with Ihose records. li also includes ¢on5iderdtion of any unusual iierns OT dis¢losure5 in the financial statements . and seeking explanaiions from you as trustrts conceming such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of ihe Charities legislation and that the financial staiemenis comply wilh the Statement of Rrtommended Practice issued by ihe Charity Commissioners for England & Wales (etreciive April 2005 a5 rnodified in June 20081. on a iesi basis, of evidence r¢l¢vant to the amounts and disclosures in the fjnancial siaiemenis. Kent Muslim Welfare Association Limiied b Guarantee Inile ndent Examiner's Re ort lo the trustee5 of the chari Rt ori of the Inde endent Ex4miner to ihe trusitts OD the aceoun15 of the Charit for the ear endw JI M4rch 2021 The procedures undenaken do noi provide all the evidence ihai would b¢ required in an audii . and informaiion supplied by the irustee5 in the course of th¢ examiThaiion is noi subjecied 10 audil lesis OT ¢nquiries. and consequenily I do not expre55 an audii opinion on ihe view given by Ihe financial siai¢mcnis. and in particular, l expre55 no opinion as lo wh¢iher Ihe financial sthiemenis give a true and fair vicw of ihe affairs of the charity, and my r¢port is limii¢d 10 ihc mallers sei oui in Ihe siaiemenl low. I planned and perfoTmed my examinaiion so as 10 saiTrsfy myself ihat the obj¢¢iiv¢s of the independeni examination are achieved and before finalising th¢ ￿pOrt l obwin WTinen assurance5 from the injstees of all material mailers. Indtpend¢n¢ Examiner's Statement. rtport and opinio 8ubjeci 10 the limitalions upon ihe scope of my work as dethiled aiM)ve examination , I can confimi thai in connection wilh my I I In accordance with Regulation 31 of The Charities (Accounis and Reports) R¢gulJlions 2008. the accounts of this incorporated charity are noi required io be ¥udii¢d under Parn 16 of the Companies Aci ?006.. and Ihai. no matter has com¢ to my alleniion in conneciion with my examinaiion which giv¢s me r¢a%anabl¢ Cduse to believe Ihai in any malvrial re5peci th¢ r¢quir¢ments lil 10 keep accouniing records in xcordance with seciion 386 of ihe Companie5 Art 2006. {iil 10 prepare financial $1otements which accord with the accouniing rttords and comply with the dCCOUrttinbT requir¢menls of seciion 396 ofthe Companies Aci ?006 and.. liiil Ihai the financial siaiements be preparcd in accordanc¢ with the Meth￿15 and principles sei out in ihe Siaiemeni of Recommended Practic¢ - A¢¢ouniing and Reponing by Chariiies have not bcen met.. or to which, in my opinion. aiieniion should be drawn in my report in ord¢r to enable a proper undersianding of ihe accounts to be r¢achcd: The Examirter'5 relevant professional qualificaiion or body is= Mr M S R Akbar FCA 70 Oichard Street Rainham Gillingham Kent ME8 9AE The date upon which my opinion is expressed is :_ 24 December 2021 Kent Muslim Welfare A&sociation Limited b G¥ar¥ntee Statement of Financial Activities for the ear ended 31 MArch 2021 Unrestricted Restricted Fynds FuThds Totsl Fuhd5 L*si Yt*r Toi*l Funds Noles 2021 2021 2020 Incoming resources Incoming resomrcesfrom generoledfunds Voluntary Income Activities for generating fvnds Invesimeni Income Oiher Incomlng Resources 20.712 17.757 192.747 213.459 17.757 326.127 31.015 13 20.727 20.727 Total incoming resources 192.75J 2S1,949 J57,156 Co%li oJgener&ilnxfunds Fundraisin￿ trading- costs of goods and oiher costs Inv¢5tm¢nt Tnanag¢menl Costs Costs of rhurliable ocilvltles 34 229 34.321 34 229 157.¢M)9 46 1.472 266.237 122.488 Total resources expended 34.784 122.488 157.272 267.755 Net movement in funds Reconctliation or runds Tolalfund5 brouxhiforward Prior Year 4djy51rnenl Total Funds carried forward 24.412 70.265 94,677 89,401 102.362 635.(M)8 737.370 16.¢XK>I 1168.5￿} 1174.51M)I 120,774 SJ6,77J 657.547 647.969 737.370 The net mov¢ment in fund5 referred io above is the nei incoming resources &% defined in the Statement of R¢comrnended Prac¢ice for Accountin8 and Reprting issued by the Chariry Commission for England & Wales and 15 reconciled io the total fimds slM)wn in the Balance Sheei on page 10 a5 r¢quired by the Said slalement. All #etlvltles derive from continuing oper*ti0115 The nole5 on pages 10 to 12 forrn an iniegrnl part of these accounts. Kent Muslim Weif*re A&5{￿1*¢10 Limiied b GuaTanlee Statement of Financial Aclivi¢ies for the ear ended 31 March 2021 Income and Ex enditure Accounl as re for the ear ended 31 March 2021 uired b the Com anies Act 2021 2020 Turnover 220.316 348.193 Direci costs of itsmover Gro$s surplus 157.?72 267.755 63.544 80.438 Operating surplus 63.544 80.438 Government CJRSS Grants received Income from oiher fixed asset bnvesimenis 20.727 10.406 8.963 Surplu$ on ordinary activities before lax 94.677 89.401 for the financial vear Retained surplus lor thc financi81)'eir 94.677 89.401 94.677 89.401 The no¢e5 on pages 10 10 12 forn) an iniebpral part ofihese accounis. Kent Muslim Welf8re Association Limited b Guarantee Statement of Financial Activilies for the ear ended 31 March 2021 Statement of Total Reco ni5ed Gaitts attd LA>SSeS for the ear ended 31 March 2021 2021 2020 Ex¢ess of Expenditure over income before realisaiion of asse Profit per Profjt and Loss accouni Net Movernent in fuTrdg befor¢ taiation 94.677 94.677 89.401 89.401 94.677 89.401 Movements in revenue and capital fund$ for the year ended JI M*rch 2021 Revenue aceumulated funds Unrestfiettd Res¢ri¢t¢d Toi#l Lait year Tot41 Fundj Fund$ F¥nds 2021 2021 2021 2020 A¢cumulat¢d funds brought forward Prior year adjustrnent Reeognised gains losses before transfers 102.362 635.LX)8 737,370 16.(KKbl 116¥.5(K)1 (174.5001 24.412 70.265 ¥4.677 120.774 120.774 647.969 89.401 536.773 516.773 657.547 737.370 Closlng revenu¢ Jeeumvlated funds 657.547 737.370 Summ*ry of funds Designaied Unreslrici¢d Rtllricttd Vundi Fundi Fuhds Total L*5t Ytar Funds Tolil Funds 2021 2021 21121 2021 2020 Revenue accumulated funds 120.774 536,773 657,547 737.370 The not¢s on pag¢$ 10 to 12 form #n integral part of these accounts. Kent Muslim Welfare Assoeiation Limited b Guatantet Company Number Balance Sheet a5 at 31 March 2021 4324371 2021 2020 Tangible asws Invesimenis TuialfLYed 4.s.sets 555.713 100.o(K) 655.713 555,747 100,000 655.747 Current Isseis ash at bank and in hand Creditors:. amounis due within one year 219.895 136.145 12.2031 11641 Nei cmrrenl 055ets 217.692 135.981 Toial ussets le55 cmrreni Ilobllliles Credilors:. amounts du¢ after more ihan one year 873.405 791,7?8 1215.8581 154.3.881 Nei ak¥ets ￿ClUdIn￿pensl0ft u55ei/liobilifj' Nct assets In¢lyding pension assel I li)Ibility 657,547 737.370 737,370 657.547 Thelmnds ofihe charlo.. Unrestri¢t¢d In¢omt fund5 Unre51ricied rev¢nue arcumulaied fund5 120.774 102.362 Total unTe5trict¢d funds 120.774 10? 362 Restrl¢ied revenue f￿ndS Resiri¢i¢d rcvenuc accumulaied funds Total restricted funds 536.773 635.1M)8 536.773 634.008 Totgl chgrily fund5 657,547 737.370 Thc dir¢¢ir)rs are saiisficd Ehai lor )rar ctykd ￿ 31 March 2021 the charitsble cornpany was ¢niitled ¢x¢mpiion frotn the rcquircmcni io ￿rAin an audil urKkr se￿•0￿ 477 of lh¢ Companics Aci 21M)6 and thai ￿ mLmber (>r m¢mb¢rs have required rhe compgn} 10 oblain an a￿11 ofits fvr Ihe )rar in que51ion in accordan¢¢ i%iih 5¢¢110n 476 1)r ijk. Ac(. 1104sewcr. in a¢LorIan￿ wilh 5eciion 43 of th¢ Chwilies Acl 1993. the accounrs hai'¢ ￿￿n exami￿￿ bj dll In(kpendeni ExaminLY wkn¢ aFwew5 pages 4 •tyJ 5. The direclorl%l akkrtom.lL￿8¢ ihti¥ rE4Jonsibilit> for wnplying *ith the rEqutrem¢nts of the Compthits Act 21MIO ith reswct io a¢courtlin8 rccord5 a[￿ Ehe preparaiion of acc￿nts. The accoun14 hav¢ prePa￿d in Icwrdance prw"isrr*ts in Part 15 ofrlK Companies Act 21Jkn applicable lo compBni¢s subje¢1 LO the Small cofflpanics ¥¢gime and in accordance 7hith the Financial Rep(￿ing StstM13rd for Smaller Entiii¢s l ¢JTL'cljve April 21K)81_ CWA-IC( éTF Trustee Approved by (ht board of trnsite5 0 The notes on page5 10 to 12 forni an integral part of these accounts. Kent Muslim WellAre Association Limited b Guarantee Notes ¢0 the Accounts for ihe ear ended 31 Mar¢h 2021 Accounting polleies Basis oJpreparalion of ihe accounis The financial siaiemenls have been prepared in accordance with the Financial Reponing Standard for Smaller Entities (FRSSE). eifeciive April 2008, and all other applicable a¢counting standards. as modified by ihe Staiement of Re¢ommended PrJ¢tice for Accounling and R¢porting issued by ihe Charity Commissioners for England & Wales. (revised June 2008). The accounts have been drawn up in accordance wilh th¢ provision5 of the Chariiies (Accounis and Repons) Regulations 2(M)8 and ihe Companies Aci 2006. and include the results of thc charity's operations whirh are de%ribed in the Trustees, Report. all of which are conlinuing. Insofar as the Staiemeni of Recomm¢nded Praclice for Accountin8 and Reporting issued by ihe Charity Commi5SLoners for England & Wales. {revised June 2008) requires compli8nce with 5p¢cific Financial Reporting Siandards other Ihan ihc FRSSE then ihe specific Financial Reportinm Standards have b¢¢n followed where iheir requiremenls differ from ihose of the FRSSE. Advantage has been taken of Section 39615) of The Companie5 Ad 2006 10 allow the fomiat of ihe rinancial staiemcnts 10 be adapied 10 fctle¢i ihe special n8iure of ihe ch¥riWs operation ond in order 10 cornply with iherequiremenis of the SORP. The charity has taken advantsge of the exemwion in the FRSSE from the requiremeni io produce a ash now siaiement. The particular accounting poli¢i¢s adopied are sei oui below. Accouniing conveniion The financial siaiements are prepared.on a going ¢ortcern basis, under the hislorical cosl convention. Incoming Res#Mrces Voluntary income includes donations. gifls and legacies and art recognised on receipt. Ren(al income 15 reco￿lSed on a receipis basis and arises from rentsl income on a property to which Ihe Associa(ion is entitled io ih¢ rent5 and from the hire of premises. Investment income represents the profit on transaction5 undertaken on fijnds h¢ld by the 151amic Bank. Income from Charitable aciivilies includes grants. which where relaied to perforniance and specific delivernbles. are accounted for as iht charity earn5 the righi to con5ideraiion by its perfomiance. Reeogrtilion of liabilities Liabiliiies are recognised on ihe acc￿￿1$ basis in accordance with nomial accounting principles, modified wher¢ necessary in accordance with the guidance given in the Statement of Recommended Practice for A¢¢ountin8 and ReT￿Ing {r¢vised June 2008) issued by the Charity Commissioners for England & Wales. io Kent Muslim Welfare A5SOCiation Limited b Guarantee Notes to the Ac¢oun¢s for the ear ended 31 March 2021 Resomrces Expended Expenditure is recognised when a liability 15 in¢uTr¢d. Grant paym¢nt5 ar¢ recognised when a constructive obligatiorh arise5 that r¢5ults in ihe paymeni being unavoidable. Charitable activities Includ¢ exp¢nditure associated wilh ihe chariiy's objeciives.. The expendiiure include5 both th¢ direci cosis and support cosis relaiing 10 the aciiviiies. Governance cosis include ihose incurred in ihe governance of the charity and its assets and are primarily associated with consiiliiiional and stalutory requiremenls Suppon cosis include central functions and have been allocated to activity. Cost categories on a basis consisieni wilh the use of resources except io lh¢ exieni Ihai such ¢051s would cause resiricied funds io be exceeded when such exees5 ¢OSts are ¥llocJted io unrestricied aciiviiies. Fired ￿3'e15 unddepre¢ialion Deprcciaiion hds been provided ai th¢ following r4tes in order io WTile off Ihe as5eis over iheiT estimated u5¢ful lives. Fixtures & equipment 25Y• reducing balance TLYulion As a registered charity. the company is exempi frorn income and corporation lax io the exieni thai its income and gains are applicable io charitable purpose5 only. Value Addcd Tax is niTri recoverable by the company. and is therefor¢ included in th¢ relevant £051s in ihe Siaiemeni of Financial Aciivilies. 2 Surplus for the finaneial year 2021 2020 This is st8t¢d After ¢redilinE Revenue Turnover from ordinary *tlivili¢s 220.816 348,193 nd after charging:" Depreciation of ON￿ed fixed a55¢ts Renia15 under operaiing lease5 Pension costs 34 1.089 769 46 1,052 3 Inveslmf nt InI 1168.5￿} 1174.51M)I 120,774 SJ6,77J 657.547 647.969 737.370 The net mov¢ment in fund5 referred io above is the nei incoming resources &% defined in the Statement of R¢comrnended Prac¢ice for Accountin8 and Reprting issued by the Chariry Commission for England & Wales and 15 reconciled io the total fimds slM)wn in the Balance Sheei on page 10 a5 r¢quired by the Said slalement. All #etlvltles derive from continuing oper*ti0115 The nole5 on pages 10 to 12 forrn an iniegrnl part of these accounts. Kent Muslim Weif*re A&5{￿1*¢10 Limiied b GuaTanlee Statement of Financial Aclivi¢ies for the ear ended 31 March 2021 Income and Ex enditure Accounl as re for the ear ended 31 March 2021 uired b the Com anies Act 2021 2020 Turnover 220.316 348.193 Direci costs of itsmover Gro$s surplus 157.?72 267.755 63.544 80.438 Operating surplus 63.544 80.438 Government CJRSS Grants received Income from oiher fixed asset bnvesimenis 20.727 10.406 8.963 Surplu$ on ordinary activities before lax 94.677 89.401 for the financial vear Retained surplus lor thc financi81)'eir 94.677 89.401 94.677 89.401 The no¢e5 on pages 10 10 12 forn) an iniebpral part ofihese accounis. Kent Muslim Welf8re Association Limited b Guarantee Statement of Financial Activilies for the ear ended 31 March 2021 Statement of Total Reco ni5ed Gaitts attd LA>SSeS for the ear ended 31 March 2021 2021 2020 Ex¢ess of Expenditure over income before realisaiion of asse Profit per Profjt and Loss accouni Net Movernent in fuTrdg befor¢ taiation 94.677 94.677 89.401 89.401 94.677 89.401 Movements in revenue and capital fund$ for the year ended JI M*rch 2021 Revenue aceumulated funds Unrestfiettd Res¢ri¢t¢d Toi#l Lait year Tot41 Fundj Fund$ F¥nds 2021 2021 2021 2020 A¢cumulat¢d funds brought forward Prior year adjustrnent Reeognised gains losses before transfers 102.362 635.LX)8 737,370 16.(KKbl 116¥.5(K)1 (174.5001 24.412 70.265 ¥4.677 120.774 120.774 647.969 89.401 536.773 516.773 657.547 737.370 Closlng revenu¢ Jeeumvlated funds 657.547 737.370 Summ*ry of funds Designaied Unreslrici¢d Rtllricttd Vundi Fundi Fuhds Total L*5t Ytar Funds Tolil Funds 2021 2021 21121 2021 2020 Revenue accumulated funds 120.774 536,773 657,547 737.370 The not¢s on pag¢$ 10 to 12 form #n integral part of these accounts. Kent Muslim Welfare Assoeiation Limited b Guatantet Company Number Balance Sheet a5 at 31 March 2021 4324371 2021 2020 Tangible asws Invesimenis TuialfLYed 4.s.sets 555.713 100.o(K) 655.713 555,747 100,000 655.747 Current Isseis ash at bank and in hand Creditors:. amounis due within one year 219.895 136.145 12.2031 11641 Nei cmrrenl 055ets 217.692 135.981 Toial ussets le55 cmrreni Ilobllliles Credilors:. amounts du¢ after more ihan one year 873.405 791,7?8 1215.8581 154.3.881 Nei ak¥ets ￿ClUdIn￿pensl0ft u55ei/liobilifj' Nct assets In¢lyding pension assel I li)Ibility 657,547 737.370 737,370 657.547 Thelmnds ofihe charlo.. Unrestri¢t¢d In¢omt fund5 Unre51ricied rev¢nue arcumulaied fund5 120.774 102.362 Total unTe5trict¢d funds 120.774 10? 362 Restrl¢ied revenue f￿ndS Resiri¢i¢d rcvenuc accumulaied funds Total restricted funds 536.773 635.1M)8 536.773 634.008 Totgl chgrily fund5 657,547 737.370 Thc dir¢¢ir)rs are saiisficd Ehai lor )rar ctykd ￿ 31 March 2021 the charitsble cornpany was ¢niitled ¢x¢mpiion frotn the rcquircmcni io ￿rAin an audil urKkr se￿•0￿ 477 of lh¢ Companics Aci 21M)6 and thai ￿ mLmber (>r m¢mb¢rs have required rhe compgn} 10 oblain an a￿11 ofits fvr Ihe )rar in que51ion in accordan¢¢ i%iih 5¢¢110n 476 1)r ijk. Ac(. 1104sewcr. in a¢LorIan￿ wilh 5eciion 43 of th¢ Chwilies Acl 1993. the accounrs hai'¢ ￿￿n exami￿￿ bj dll In(kpendeni ExaminLY wkn¢ aFwew5 pages 4 •tyJ 5. The direclorl%l akkrtom.lL￿8¢ ihti¥ rE4Jonsibilit> for wnplying *ith the rEqutrem¢nts of the Compthits Act 21MIO ith reswct io a¢courtlin8 rccord5 a[￿ Ehe preparaiion of acc￿nts. The accoun14 hav¢ prePa￿d in Icwrdance prw"isrr*ts in Part 15 ofrlK Companies Act 21Jkn applicable lo compBni¢s subje¢1 LO the Small cofflpanics ¥¢gime and in accordance 7hith the Financial Rep(￿ing StstM13rd for Smaller Entiii¢s l ¢JTL'cljve April 21K)81_ CWA-IC( éTF Trustee Approved by (ht board of trnsite5 0 The notes on page5 10 to 12 forni an integral part of these accounts. Kent Muslim WellAre Association Limited b Guarantee Notes ¢0 the Accounts for ihe ear ended 31 Mar¢h 2021 Accounting polleies Basis oJpreparalion of ihe accounis The financial siaiemenls have been prepared in accordance with the Financial Reponing Standard for Smaller Entities (FRSSE). eifeciive April 2008, and all other applicable a¢counting standards. as modified by ihe Staiement of Re¢ommended PrJ¢tice for Accounling and R¢porting issued by ihe Charity Commissioners for England & Wales. (revised June 2008). The accounts have been drawn up in accordance wilh th¢ provision5 of the Chariiies (Accounis and Repons) Regulations 2(M)8 and ihe Companies Aci 2006. and include the results of thc charity's operations whirh are de%ribed in the Trustees, Report. all of which are conlinuing. Insofar as the Staiemeni of Recomm¢nded Praclice for Accountin8 and Reporting issued by ihe Charity Commi5SLoners for England & Wales. {revised June 2008) requires compli8nce with 5p¢cific Financial Reporting Siandards other Ihan ihc FRSSE then ihe specific Financial Reportinm Standards have b¢¢n followed where iheir requiremenls differ from ihose of the FRSSE. Advantage has been taken of Section 39615) of The Companie5 Ad 2006 10 allow the fomiat of ihe rinancial staiemcnts 10 be adapied 10 fctle¢i ihe special n8iure of ihe ch¥riWs operation ond in order 10 cornply with iherequiremenis of the SORP. The charity has taken advantsge of the exemwion in the FRSSE from the requiremeni io produce a ash now siaiement. The particular accounting poli¢i¢s adopied are sei oui below. Accouniing conveniion The financial siaiements are prepared.on a going ¢ortcern basis, under the hislorical cosl convention. Incoming Res#Mrces Voluntary income includes donations. gifls and legacies and art recognised on receipt. Ren(al income 15 reco￿lSed on a receipis basis and arises from rentsl income on a property to which Ihe Associa(ion is entitled io ih¢ rent5 and from the hire of premises. Investment income represents the profit on transaction5 undertaken on fijnds h¢ld by the 151amic Bank. Income from Charitable aciivilies includes grants. which where relaied to perforniance and specific delivernbles. are accounted for as iht charity earn5 the righi to con5ideraiion by its perfomiance. Reeogrtilion of liabilities Liabiliiies are recognised on ihe acc￿￿1$ basis in accordance with nomial accounting principles, modified wher¢ necessary in accordance with the guidance given in the Statement of Recommended Practice for A¢¢ountin8 and ReT￿Ing {r¢vised June 2008) issued by the Charity Commissioners for England & Wales. io Kent Muslim Welfare A5SOCiation Limited b Guarantee Notes to the Ac¢oun¢s for the ear ended 31 March 2021 Resomrces Expended Expenditure is recognised when a liability 15 in¢uTr¢d. Grant paym¢nt5 ar¢ recognised when a constructive obligatiorh arise5 that r¢5ults in ihe paymeni being unavoidable. Charitable activities Includ¢ exp¢nditure associated wilh ihe chariiy's objeciives.. The expendiiure include5 both th¢ direci cosis and support cosis relaiing 10 the aciiviiies. Governance cosis include ihose incurred in ihe governance of the charity and its assets and are primarily associated with consiiliiiional and stalutory requiremenls Suppon cosis include central functions and have been allocated to activity. Cost categories on a basis consisieni wilh the use of resources except io lh¢ exieni Ihai such ¢051s would cause resiricied funds io be exceeded when such exees5 ¢OSts are ¥llocJted io unrestricied aciiviiies. Fired ￿3'e15 unddepre¢ialion Deprcciaiion hds been provided ai th¢ following r4tes in order io WTile off Ihe as5eis over iheiT estimated u5¢ful lives. Fixtures & equipment 25Y• reducing balance TLYulion As a registered charity. the company is exempi frorn income and corporation lax io the exieni thai its income and gains are applicable io charitable purpose5 only. Value Addcd Tax is niTri recoverable by the company. and is therefor¢ included in th¢ relevant £051s in ihe Siaiemeni of Financial Aciivilies. 2 Surplus for the finaneial year 2021 2020 This is st8t¢d After ¢redilinE Revenue Turnover from ordinary *tlivili¢s 220.816 348,193 nd after charging:" Depreciation of ON￿ed fixed a55¢ts Renia15 under operaiing lease5 Pension costs 34 1.089 769 46 1,052 3 Inveslmf nt In