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2021-12-31-accounts

Contents ~Pa e
Legal and Administrative Information 01
Executive Committee's Annual
Report
02
Independent
Examiner's
Report 03
Income and Expenditure Account 04
Balance Sheet 05
Notes forming patt ofthe Financial Statements 06-08

FOR THE YEAR 01 JANUARY 202 1 TO 31DECEMBER 2021
2021
INCOME Notes
Various Collection 2 41,722
Community
Language
Services 13'160
Donation 7,448
Total Income 62431
LESS:EXPENDITURE
Accountancy
fees
700
Bank charges
Books 42
Calendar 300
Cleaning
Depreciation
1,933
Imam &teacher 2280
Insurance 158
Light and heat 441
Other legal and prof
Ramadan
Expenses
Rates
133
Rent 1450
Repairs and maintenance 1500
Staff training & welfare
Stationery
and printing
Telephone
and fax
Wages and salaries
Water
23
86
33292
331
Total Expenditure 42669
Excess ofIncome over Expenditure 19662

2021
FIXEDASSETS Notes
Tangible Assets 6 1933
CURRENT ASSETS
Cash at Bank 77,699
Cash in Hand 42
77,741
LESS:CURRENT LIABILITIES
Creditors (1284)
NET CURRENT ASSETS 76,457
TOTAL NET ASSETS 78,390
REPRESENTED BY:
Funds
Opening
Balance
58,728
Less: Excess ofIncome over Expenditure 19,662
Balance carried forward 78,390

Friday Collection Friday Collection t7,640
London Borough ofTower Hamlets
Ramadan Collection 1,740
Membership
Fees
Calendar Sales 200
Grants 22,142
41,722

Donations 7,448
7,448

Cost
Opening Balance as at 01/01/2021 9,663
Addition during the Year
Closing Balance as at 31/12/2021 9,663
D~iti
Opening Balance as at 01/01/2021 5,798
Charges during the Year 1,933
Closing Balance as at 31/12/2021 7,731
NKT BOOK VALUE as at 31/12/2021 1,933

.CREDITORS:
Particulars
MHC Accountants Ltd 700
FAYE &NI 584
1,284