Registered charity number 1120304
WEST WALES ISLAMIC CULTURAL ASSOCIATION
Report of the Trustees and Accounts
31 March 2024
Khan Adamson Limited Chartered Accountant Chelworth Industrial Estate Cricklade Swindon Wiltshire SN6 6HE
## **WEST WALES ISLAMIC CULTURAL ASSOCIATION Charity Information**
## **Trustees**
Dr. Baba M. Gana Dr. Ali Zorob Mr Nicolas Webley (resigned 1 March 2024) Dr Ahmed Shokry Beshr (appointed 4 May 2024) Dr Ahmed Abouserwel (appointed 4 May 2024)
**Correspondence address** 1 Ael-y-Bryn Tanerdy Carmarthen SA31 2HB **Charity address** 131 Priory Street Carmarthen Carmarthenshire SA31 1LR **Registered charity number** 1120304 **Independent examiner** Hussain . A. Khan B.Sc., ACA Khan Adamson Limited Chartered Accountant Chelworth Industrial Estate Cricklade Swindon Wiltshire SN6 6HE **Bankers** HSBC Bank plc 15 Lammas Street Carmarthen SA31 3AQ
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**WEST WALES ISLAMIC CULTURAL ASSOCIATION**
## **Report of the Trustees**
The trustees present their annual report for the year ended 31 March 2024.
## **Structure, governance and management**
The charity is registered with the Charity Commissioners under registration number 1120304.
The trustees during the year under review were:
Dr. Baba M. Gana
Dr. Ali Zorob
Mr Nicolas Webley (resigned 1 March 2024)
Dr Ahmed Shokry Beshr (appointed 4 May 2024)
Dr Ahmed Abouserwel (appointed 4 May 2024)
## **Objectives and activities**
The principal objective of the Charity is the advancement of the Islamic religion in accordance with the teachings of the Holy Quran and Sunnah of the Prophet Muhammad (peace be upon him) in West Wales.
The main activities carried out in relation to the above objective have been:
1) Organisation of congregational prayers, including weekly Friday prayers and annual Eid Prayers, and supplementary school for children.
2) Arrangement of religious and social functions including Eid Gatherings.
## **Achievements and performance of the charity**
The main achievements during the year were:
1) The Charity premises are being used for regular congregation, worship and social gatherings.
2) In the month of Ramadhan, conducting of daily congregational taraweeh prayers.
3) Functions were held including Eid parties, Iftaar dinners, as well as family trips for recreation.
4) Implementation of the previously adopted curriculum for the children's supplementary school.
5) Arabic and religious education classes for adults.
## **Financial review**
The statement of financial activities shows net incoming resources of £14,647 (2023 - £18,512).
On behalf of the trustees
Dated: Sep-24
Trustee B. M. Gana
Trustee A. Zorob
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## **WEST WALES ISLAMIC CULTURAL ASSOCIATION**
## **Independent examiner's report to the Trustees of West Wales Islamic Cultural Association**
I report on the accounts of the charity for the year ended 31 March 2024 which are set out on pages 4 to 8.
## **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 of the Charities Act 2011 (the "Charities Act") and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act;
- to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the 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 the seeking of explanations from you as 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:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities 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.
Hussain . A. Khan B.Sc., ACA Name of principal Chartered Accountant Relevant professional body Khan Adamson Limited Name of firm Chelworth Industrial Estate Address Cricklade Swindon Wiltshire SN6 6HE
Date: Sept 2024
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## **WEST WALES ISLAMIC CULTURAL ASSOCIATION Statement of Financial Activities for the year ended 31 March 2024**
|**INCOMING RESOURCES**
Voluntary income
Property income
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
Cost of generating funds
Charitable
Governance costs
**TOTAL RESOURCES EXPENDED**
**NET INCOMING/ (OUTGOING) RESOURCES**
TOTAL FUNDS BROUGHT FORWARD
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**Total funds**
**2024**
**£**
49,409
-
49,409
30,238
4,524
34,762
14,647
669,892
684,539|**Unrestricted**
**Total funds**
**2023**
**£**
46,909
-
46,909
27,184
1,212
28,396
18,513
651,379
669,892|
|---|---|---|
The notes and schedule on pages 6 to 8 form an integral part of these accounts.
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## **WEST WALES ISLAMIC CULTURAL ASSOCIATION Balance Sheet as at 31 March 2024**
|**Notes**
**Fixed assets**
Tangible assets
2
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
3
**Net current assets**
**Net assets**
**Reserves**
Unrestricted funds
4
**Charity funds**|**2024**
**£**
624,274
70,242
(9,977)
60,265
684,539
684,539
684,539|60,951
(16,587)|**2023**
**£**
625,528
44,364
669,892
669,892
669,892|
|---|---|---|---|
These accounts were approved by the Board of Trustees on Sep-24
B. M. Gana A. Zorob Trustee Trustee
The notes and schedule on pages 6 to 8 form an integral part of these accounts.
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**WEST WALES ISLAMIC CULTURAL ASSOCIATION Notes to the Accounts for the year ended 31 March 2024**
## **1 Accounting policies**
## _**Basis of preparation and assessment of going concern**_
The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The Charity constitutes a public benefit entity as defined by FRS 102.
The Charity considers that there are no material uncertainties about the its ability to continue as a going concern.
## _**Incoming resources**_
Voluntry income including donations received are included in the accounts in the year of receipt unless entitlement is conditional in which case the income will be deferred to the period in which the condition is to be met.
Property income consists of rents received for the flat at the charity's premises and is included in the accounts in the year of receipt.
## _**Resources expended**_
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be recovered and is reported as part of the expenditure to which it relates.
Charitble expenditure comprises of those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include independent examiner fees and costs assocaiated with the management of the charity.
## _**Tangible fixed assets**_
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land and buildings No depreciation is provided on freehold property Fixtures and equipment 20% reducing balance
## _**Fund accounting**_
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Designated funds are unrestricted funds which have been set aside to fund particular future activities.
There were no restricted funds held during the year.
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**WEST WALES ISLAMIC CULTURAL ASSOCIATION Notes to the Accounts for the year ended 31 March 2024**
## **2 Tangible fixed assets**
|**Cost**
At 1 April 2023
At 31 March 2024
**Depreciation**
At 1 April 2023
Charge for the year
At 31 March 2024
**Net book value**
At 31 March 2024
At 31 March 2023
**3**
**Creditors: amounts falling due within one year**
Private loans
Other taxes and social security costs
Other creditors and accruals
**4**
**Unrestricted funds**
At 1 April 2023
Net incoming/ (outgoing) resources
At 31 March 2024
At 31 March 2024|**Land and**
**buildings**
**£**
619,257
619,257
-
-
-
619,257
619,257|**Fixtures**
**and**
**equipment**
**£**
42,376
42,376
36,105
1,254
37,359
5,017
6,271
**2024**
**£**
5,000
1,145
3,832
9,977
**2024**
**£**
669,892
14,647
684,539
684,539|**Total**
**£**
661,633
661,633
36,105
1,254
37,359
624,274
625,528
**2023**
**£**
10,000
1,449
5,138
16,587
**2023**
**£**
651,379
18,513
669,892
669,892|
|---|---|---|---|
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## **WEST WALES ISLAMIC CULTURAL ASSOCIATION Schedule to the Statement of Financial Activities for the year ended 31 March 2024**
|**INCOMING RESOURCES**
Donations received
**RESOURCES EXPENDED**
**Core activities:**
Salaries and teachers costs
Water expense
Light and heat
Telephone and internet
Charitable donations
Bank charges
Insurance
Software costs
Repairs and cleaning
Funeral costs
Depreciation of fixed assets
**Governance costs**
Accountancy fees
Solicitors fees
**TOTAL RESOURCES EXPENDED**|**Total**
**2024**
**£**
49,409
20,040
354
3,488
563
1,580
180
1,328
200
1
1,250
1,254
30,238
1,404
3,120
4,524
34,762|**Total**
**2023**
**£**
46,909
21,000
260
1,735
496
-
180
1,667
280
(2)
-
1,568
27,184
1,212
-
1,212
28,396|
|---|---|---|
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