**Charity number: 1121879**
## **Faizan -E- Mustafa**
**Trustees' report and financial statements**
**for the year ended 31 March 2022**
## **Faizan -E- Mustafa**
## **Contents**
||**Page**|
|---|---|
|Legal and administrative information|**1**|
|Trustees report|**2 - 3**|
|Independent examiners' report|**4**|
|Statement of financial activities|**5**|
|Balance sheet|**6**|
|Notes to the financial statements|**7 - 11**|
## **Faizan -E- Mustafa**
## **Legal and administrative information**
|**Charity number**|1121879|
|---|---|
|**Registered office**|42 Bertha Road|
||Sparkhill|
||Birmingham|
||B11 2NN|
|**Trustees**|Muhammad Faizan Amin Amin|
||Malik Mohammed Fayyaz|
||Basharat Mohammed|
|**Secretary**|Malik Mohammed Fayyaz|
|**Chief executive**|Mohammed Amin|
|**Accountants**|Akber & Co Accountants|
||451 Moseley Road|
||Birmingham|
||B12 9BX|
|**Bankers**|National Westminster Bank Plc|
||1 The Cross|
||Worcester|
||WR1 3PR|
||HSBC Bank Plc|
||96 High Street|
||Kings Heath|
||Birmingham|
||B14 7LD|
**Page 1**
## **Faizan -E- Mustafa**
## **Report of the trustees for the year ended 31 March 2022**
The trustees present their report and the financial statements for the year ended 31 March 2022. The trustees who served during the year and up to the date of this report are set out on page 1.
## **Structure, governance and management**
The charity was formed in early 2007 and is governed by constitution adopted at the same time.
There are three trustees one of whom resigns at the AGM every year and stands for re-election.
## **Objectives and activities**
The principal objective of the charity is to provide facilities for religious worship and to teach Holy Quran to children of all ages. There are about sixty children between the ages of six and fifteen.
The charity also teaches the Urdu language and Islamic studies to children who were born in the country and also some adults.
The charity also operates an advisory centre in legal matters like Immigration, Housing and also helps to fill forms to people who need help.
## **Achievements and performance**
The trustees consider the charity's achievements during the year to be satisfactory.
## **Financial review**
The charity received donations of 52,933 (2021 £47,537) , fees 7,125 (2021 £6,225) and investment income of 28,800 (2021 £21,250), the charity also received other income ( JRS) of £4,279 and expended £66,367 (2021 £41,800) in various overheads, resulting in a net surplus of £26,770 (2021 £46,478) which is carried forward.
Full details of income and expenditure are given on page 5 of the accounts.
## **Statement of trustees' responsibilities**
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. Type text here
**Page 2**
## **Faizan -E- Mustafa**
## **Report of the trustees for the year ended 31 March 2022**
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports ) Regulations. 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.
On behalf of the board
Malik Mohammed Fayyaz **Secretary**
**Page 3**
## **Faizan -E- Mustafa**
## **Independent examiner's report to the trustees on the unaudited financial statements of Faizan -E- Mustafa.**
I report on the accounts of Faizan -E- Mustafa for the year ended 31 March 2022 set out on pages 2 to 11.
## **Respective responsibilities of trustees and independent 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) and that an independent examination is needed. Having satisfied ourself that the charity is not subject to an audit under company law and is eligible for independent examination,it is our responsibility to : examine the accounts (under section 145 of the 2011 Act) ; to follow the procedures laid down in the General Dirctions given by the Charity Commission (under section 145 (5) (b) of the 2011 Act ); and to state wether particular matters have come to our attention.
## **Basis of independent examiner's statement**
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 seeking 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:
- (i) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep proper accounting records in accordance with section 130 of the Act 2011; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
- (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Independent examiner Akber & Co Accountants 451 Moseley Road Birmingham B12 9BX**
## **07 December 2022**
**Page 4**
## **Faizan -E- Mustafa**
## **Statement of financial activities**
## **For the year ended 31 March 2022**
|**Unrestricted**
**funds**
**Notes**
**£**
**Incoming resources**
Incoming resources from generating funds:
Voluntary income
2
52,933
Investment income
3
28,800
Incoming resources from charitable activities 4
7,125
Other incoming resources
5
4,279
**Total incoming resources**
93,137
**Resources expended**
Costs of generating funds:
Cost of generating voluntary income
6
66,367
**Total resources expended**
66,367
**Net income for the year**
26,770
Total funds brought forward
507,538
**Total funds carried forward**
534,308|**2022**
**Total**
**£**
52,933
28,800
7,125
4,279
93,137
66,367
66,367
26,770
507,538
534,308|**2021**
**Total**
**£**
47,537
21,250
6,225
13,266|
|---|---|---|
|||88,278|
|||41,800|
|||41,800|
|||46,478
461,060|
|||507,538|
**The notes on pages 7 to 11 form an integral part of these financial statements.**
**Page 5**
## **Faizan -E- Mustafa**
## **Balance sheet as at 31 March 2022**
|**Notes**
**Fixed assets**
Tangible assets
9
**Current assets**
Debtors
10
Cash at bank and in hand
**Creditors: amounts falling**
**due within one year**
11
**Net current assets**
**Net assets**
**Funds**
12
Unrestricted income funds
**Total funds**|**2022**
**£**
**£**
509,866
-
27,162
27,162
)
(2,720
24,442
534,308
507,538
534,308|**2021**
**£**
**£**
470,068
168
46,352
46,520
)
(9,050
37,470
507,538
461,060
507,538|**2021**
**£**
**£**
470,068
168
46,352
46,520
)
(9,050
37,470
507,538
461,060
507,538|
|---|---|---|---|
||||507,538|
||||461,060|
||||507,538|
The financial statements were approved by the trustees on and signed on its behalf by
## **Muhammad Faizan Amin Amin Trustee**
**The notes on pages 7 to 11 form an integral part of these financial statements.**
**Page 6**
## **Faizan -E- Mustafa**
## **Notes to financial statements for the year ended 31 March 2022**
## **1. Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
## **1.1. Basis of accounting**
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' SORP and the Charities Act 2011.
## **1.2. Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
Income from investments is included in the year in which it is receivable.
## **1.3. Resources expended**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises 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.
## **1.4. Tangible fixed assets and depreciation**
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
- Land and buildings 2% over 50 years - Fixtures, fittings and equipment 25% reducing balance
## **1.5. Defined contribution pension schemes**
The pension costs charged in the financial statements represent the contribution payable by the charity during the year.
**Page 7**
## **Faizan -E- Mustafa**
## **Notes to financial statements for the year ended 31 March 2022**
|**2.**
**Voluntary income**
**Unrestricted**
**funds**
**£**
Donations
52,933
Gift aid tax relief received
-
52,933
**3.**
**Investment income**
**Unrestricted**
**funds**
**£**
Income from UK investment properties
28,800
28,800
**4.**
**Incoming resources from charitable activities**
**Unrestricted**
**funds**
**£**
Fees Received
7,125
7,125
**5.**
**Other incoming resources**
**Unrestricted**
**funds**
**£**
Other income (JRS)
4,279
4,279|**2022**
**Total**
**£**
52,933
-
52,933
**2022**
**Total**
**£**
28,800
28,800
**2022**
**Total**
**£**
7,125
7,125
**2022**
**Total**
**£**
4,279
4,279|**2021**
**Total**
**£**
35,637
11,900|
|---|---|---|
|||47,537|
|||**2021**
**Total**
**£**
21,250|
|||21,250|
|||**2021**
**Total**
**£**
6,225|
|||6,225|
|||**2021**
**Total**
**£**
13,266|
|||13,266|
**Page 8**
## **Faizan -E- Mustafa**
## **Notes to financial statements for the year ended 31 March 2022**
**6. Cost of generating voluntary income**
|**Unrestricted**
**funds**
**£**
Wages and salaries
26,444
Staff - Pension costs
182
Council tax and water
524
Light & heat
1,775
Repairs & maintenance
1,850
Insurance
1,453
Accountancy fees
600
General expenses
958
Depreciation & impairment
23,581
Charitable donations
9,000
66,367|**2022**
**Total**
**£**
26,444
182
524
1,775
1,850
1,453
600
958
23,581
9,000
66,367|**2021**
**Total**
**£**
18,297
-
468
1,495
1,315
1,264
350
685
10,896
7,030|
|---|---|---|
|||41,800|
|**7.**
**Employees**
**Employment costs**
Wages and salaries
Pension costs|**2022**
**£**
26,444
182
26,626|**2021**
**£**
18,297
-
18,297|
|---|---|---|
No employee received emoluments of more than £60,000 (2021 : None).
## **Number of employees**
The average monthly numbers of employees during the year, was as follows:
|**2022**|**2021**|
|---|---|
|**Number**|**Number**|
|4|2|
## **8. Pension costs**
The pension costs charged in the financial statements represent the contribution payable by the charity during the period
|period|||
|---|---|---|
||**2022**|**2021**|
||**£**|**£**|
|Pension charge|182|-|
**Page 9**
## **Faizan -E- Mustafa**
## **Notes to financial statements for the year ended 31 March 2022**
|**Land and**
**Fixtures,**
**9.**
**Tangible fixed assets**
**buildings fittings and**
**freehold**
**equipment**
**£**
**£**
**Cost**
At 1 April 2021
526,190
18,765
Additions
32,514
30,864
At 31 March 2022
558,704
49,629
**Depreciation**
At 1 April 2021
60,284
14,602
Charge for the year
11,174
12,407
At 31 March 2022
71,458
27,009
**Net book values**
At 31 March 2022
487,246
22,620
At 31 March 2021
465,906
4,163
**10.**
**Debtors**
**2022**
**£**
Other debtors
-
**11.**
**Creditors: amounts falling due**
**within one year**
**2022**
**£**
Interest free loans
2,050
Other taxes and social security
70
Accruals and deferred income
600
2,720
The interest free loans received are repayable on demand.|**Total**
**£**
544,954
63,378|
|---|---|
||608,332|
||74,886
23,581|
||98,467|
||509,866|
||470,069|
||**2021**
**£**
168
**2021**
**£**
9,050
-
-|
||9,050|
|||
**Page 10**
## **Faizan -E- Mustafa**
## **Notes to financial statements for the year ended 31 March 2022**
## **12. Analysis of net assets between funds**
|**Analysis of net assets between funds**||
|---|---|
|Fund balances at 31 March 2022 as represented by:
Tangible fixed assets
Current assets
Current liabilities|**Total**
**funds**
**£**
509,866
27,162
(2,720)|
||534,308|
|**13.**
**Unrestricted funds**
Unrestricted Fund|**At**
**At**
**1 April**
**Incoming**
**Outgoing**
**31 March**
**2021**
**resources**
**resources**
**2022**
**£**
**£**
**£**
**£**
507,538
93,137
)
(66,367
534,308
507,538
93,137
)
(66,367
534,308|**At**
**At**
**1 April**
**Incoming**
**Outgoing**
**31 March**
**2021**
**resources**
**resources**
**2022**
**£**
**£**
**£**
**£**
507,538
93,137
)
(66,367
534,308
507,538
93,137
)
(66,367
534,308|
|---|---|---|
|||534,308|
## **Purposes of unrestricted funds**
Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without specified purposes and are available as general funds without any restrictions.
**Page 11**
## **Faizan -E- Mustafa**
**The following pages do not form part of the statutory accounts.**
## **Faizan -E- Mustafa**
## **Detailed statement of financial activities**
## **For the year ended 31 March 2022**
|**Incoming resources**
**Incoming resources from generating funds:**
_Voluntary income_
Donations
Gift aid tax relief received
_Investment income_
Income from UK investment properties
**Total incoming resources from generating funds**
**Incoming resources from charitable activities**
Fees Received
**Other incoming resources**
Other income
**Total incoming resources**
**Resources expended**
**Costs of generating funds:**
**Cost of generating voluntary income**
Wages and salaries
Staff - Pension costs
Council tax and water
Light & heat
Repairs & maintenance
Insurance
Accountancy fees
General expenses
Depreciation & impairment
Charitable donations
**Total cost of generating voluntary income**
**Fundraising trading:**
**cost of goods sold and other costs**|**2022**
**£**
**£**
52,933
-
52,933
28,800
28,800
81,733
7,125
7,125
4,279
4,279
93,137
26,444
182
524
1,775
1,850
1,453
600
958
23,581
9,000
66,367
66,367|**2021**
**£**
**£**
35,637
11,900
47,537
21,250
21,250
68,787
6,225
6,225
13,266
13,266
88,278
18,297
-
468
1,495
1,315
1,264
350
685
10,896
7,030
41,800
41,800|**2021**
**£**
**£**
35,637
11,900
47,537
21,250
21,250
68,787
6,225
6,225
13,266
13,266
88,278
18,297
-
468
1,495
1,315
1,264
350
685
10,896
7,030
41,800
41,800|
|---|---|---|---|
||||47,537|
||||21,250|
||||21,250|
||||68,787|
||||6,225|
||||6,225|
||||13,266|
||||13,266|
||||88,278|
||||41,800|
||||41,800|
|||||
**Page 13**
## **Faizan -E- Mustafa**
## **Detailed statement of financial activities**
|**For the year ended 31 March 2022**|||
|---|---|---|
|**Total costs of generating funds**|66,367|41,800|
**Page 14**
## **Faizan -E- Mustafa**
## **Detailed statement of financial activities**
|**For the year ended 31 March 2022**|||
|---|---|---|
||**2022**|**2021**|
||**£**|**£**|
|**Charitable activities**|||
|**Net incoming/(outgoing) resources for the year**|26,770|46,478|
**Page 15**