2023-03-31-accounts - Ansar Youth Project

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Company Registration No. 05716898 (England and Wales)

ANSAR YOUTH PROJECT ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

ANSAR YOUTH PROJECT ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS

	Page
Company information	3
Directors' report	4
Accountants' report	5
Income statement	6
Statement of financial position	7
Statement of changes in equity	8
Notes to the accounts	9
Detailed profit and loss account	11

ANSAR YOUTH PROJECT COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2023

Directors

Company Number

Registered Office

Baqer Saleh ABBOUD Mohsin HASHMANI Mohamed MOHAMED JAOUAD James SIMKINS Mohammed Bashir WALJI 05716898 (England and Wales)

WEMBLEY YOUTH CENTRE LONDON ROAD WEMBLEY HA9 7EU ENGLAND

ANSAR YOUTH PROJECT (COMPANY NO: 05716898 ENGLAND AND WALES) DIRECTORS' REPORT

The directors present their report and accounts for the year ended 31 March 2023.

Principal activity

Ansar Youth Project (AYP) is an exciting and innovative youth organisation which specialises in targeting young people from a diverse range of disadvantaged and marginalised communities in Brent and neighbouring boroughs. We are a pioneering organisation providing faith and culturally sensitive youth-work in local communities.�

Ansar Youth Project engages with young people by organising leisure activities, events and outings with clearly defined social objectives. Through activity-based informal learning, AYP’s Youth Workers support and guide young people in a positive, nonchastising manner in order to cultivate the holistic development of young people.

Directors

The following directors held office during the whole of the period:

Baqer Saleh ABBOUD Mohsin HASHMANI Mohamed MOHAMED JAOUAD James SIMKINS Mohammed Bashir WALJI

Statement of directors' responsibilities

The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.

Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Signed on behalf of the board of directors

............................................................................

Mohammed Bashir WALJI Director

Approved by the board on: 31 December 2023

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY STATEMENTS OF ANSAR YOUTH PROJECT (THE COMPANY) FOR THE YEAR ENDED 31 MARCH 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 March 2023 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.

As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.

This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.

It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 31 March 2023.

We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Financial Accountants

31 December 2023

ANSAR YOUTH PROJECT INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2023

Turnover 4 Cost of sales Gross profit/(loss) Administrative expenses Other operating income Operating (loss)/profit Interest receivable and similar income (Loss)/profit on ordinary activities before taxation Tax on (loss)/profit on ordinary activities (Loss)/profit for the financial year	2023 £ 49,962 (19) 49,943 (316,676) 109,018 (157,715) 315 (157,400) - (157,400)	2022 £ 21,021 (97,040)
		(76,019) (357,281) 555,800
		122,500 18
		122,518 -
		122,518

ANSAR YOUTH PROJECT STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2023

Notes Fixed assets Tangible assets 5 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 6 Net current assets Net assets Capital and reserves Profit and loss account Shareholders' funds	2023 £ 17,555 35,489 - 35,489 53,044 53,044 53,044	2022 £ 22,000 101,552 (1,034)
		100,518
		122,518
		122,518
		122,518

For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.

The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2023 and were signed on its behalf by

Mohammed Bashir WALJI Director

Company Registration No. 05716898

ANSAR YOUTH PROJECT STATEMENT OF CHANGES IN EQUITY AS AT 31 MARCH 2023

At 1 April 2021 Profit for the year At 31 March 2022 At 1 April 2022 Loss for the year Share adjustments At 31 March 2023	Share capital £ - - - -	Profit & loss account £ - 122,518 122,518 122,518 (157,400) 87,926 53,044	Total £ - 122,518
			122,518
			122,518 (157,400) 87,926
			53,044

ANSAR YOUTH PROJECT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

1 Statutory information

ANSAR YOUTH PROJECT is a private company, limited by shares, registered in England and Wales, registration number 05716898. The registered office is WEMBLEY YOUTH CENTRE, LONDON ROAD, WEMBLEY, HA9 7EU, ENGLAND.

2 Compliance with accounting standards

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.

3 Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Basis of preparation

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Presentation currency

The accounts are presented in £ sterling.

Tangible fixed assets and depreciation

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

4 Turnover

Turnover information below: � Charitable Grants��£14701� Council Grant�� £68622.8� Government Grant £42529.83� Donation received��£2255.24� Grant � £2135.44�� London Youth Project��£33000

5 Tangible fixed assets

Tangible fixed assets Cost or valuation At 1 April 2022 Additions At 31 March 2023 Depreciation Charge for the year At 31 March 2023 Net book value At 31 March 2023 At 31 March 2022	Motor vehicles £ At cost 22,000 55
	22,055
	4,500
	4,500
	17,555
	22,000

ANSAR YOUTH PROJECT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

6	Creditors: amounts falling due within one year	2023	2022
		£	£
	Taxes and social security	-	1,034

7 Average number of employees

During the year the average number of employees was 0 (2022: 0).

10 -

ANSAR YOUTH PROJECT DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

This schedule does not form part of the statutory accounts.

Turnover Fees Cost of sales Subcontractor costs Gross profit/(loss) Administrative expenses Wages and salaries Employer's NI Staff training and welfare Travel and subsistence Rent Service charges Light and heat Telephone and fax Stationery and printing Subscriptions Bank charges Insurance Equipment expensed Software Repairs and maintenance Depreciation Sundry expenses Accountancy fees Consultancy fees Advertising and PR Other legal and professional Other operating income Government grants Operating (loss)/profit Interest receivable Interest receivable (Loss)/profit on ordinary activities before taxation	2023 £ 49,962 19 49,943 226,812 - - 33,723 - - 4,453 2,132 187 895 64 3,707 3,744 301 37,012 2,250 - 1,238 - 158 - 316,676 109,018 (157,715) 315 (157,400)	2022 £ 21,021
		97,040
		(76,019)
		237,994 6,686 151 1,345 15,661 33,364 2,979 4,450 1,334 1,367 1 2,711 - - - - (280) - 48,453 - 1,065
		357,281
		555,800
		122,500
		18
		122,518

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