Charity registration nurnber- 1125112 CHADWELL HEATH EDUCATIONAL AND CULTURAL SOCIETY TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Chadwell Heath Educational And Cultural Society Contents Page Reference and Administrative Detai15 Trustees. Keport Independent Examiner's Report Statement ol Financial Activities Statement of Financial Position Note5 to the Financial Statements 7-10 The following pages do not form part of the statutory accounts.. Detailed Statement of Financial Activities li
Chadwell Heath Educational And Cultural Society Reference and Administrative Details For The Year Ended 31 March 2025 Trustees Mr Malik Chowdhury-Nanu Chair Mr Ashuque Ahmed Trustee-vice Chair Mr Aktar Ali - Trustee - Secretary Mr Mohammed Monsur Ahmed - Trustee -Treasurer Mr Abdul Malik - Trustee - joint Secretary Mr Arakoth Chowdhury Joint -Treasurer Mr Md Nazim Uddin Trustee Mrs Bilkis Parvin Trustee Mr Helal Chowdhury - Executive Member Mr Syed Nuruzzaman Co-opt MÈmbar Mr Shaukat Hafejji Co-opt Mernber Mr Rahat Miah - Co-opt Member Charity Number 1125112 Principal Address 50 Grove Rtsad Chadwell Heath Romford RM6 4AQ Askir Ali Chartered Certified Accountant5 Quilfords Limited Chartered Certified Accountants 113 Romford Road Independent Examiner London E15 4LY Page I
Chadwell Heath Educational And Cultural Society Trustees. Repoit For The Year Ended 31 March 2025 The trustees present their report and the financial statements for the year ended 31 March 2025. Objectives and Artivities Aims and Objectives To advance the edu¢ation of the public in particular but not exclusively in Islami¢ studies, the Bengali Culture and language. To advance the Islamic religion in Chadwell hath for the benefit of the public through the holding of the payer meetings, lectures, public celebration of religious festivals, producing andl or distributing literature to enlighten others about the religion. To provide or assist in the provision of facilities in the interests of the social welfare or recreation or other leisure time occupation of Individuals who have need of such facilities by the reason of their youth, age infirmity or disability* finan¢ièl hardship or social circumstances with the object of improving their conditions of life. FOCUS OF OUR WORK General Charitable Purposes Education l Training Relief of Poverty Religious activities Sport I recreation Provides services Provides advocacy l advice l information Who used and benefited from our services? Children / Young petsple Elderly l Old People People with disabilities People of a particular ethnic or racial origin General public l Mankind Dinners and social gatherings Entertainment Tour - Picnie Mothers and Toddlers group Arabic and Bangla Classes Significant Activities ACTIVITIES DURING THE YEAR CH EACS has managed sorne extension works Domè and porch in the front and at 50 Grove Road, Chadwell Heath, Essex, RM6 4AQ for Chadwell Heath Educational and Cultural society {CH EACS) applied for planning permission to make a porch a5 well as the Oome. We obtained the planning permission and completed them. Finallyi CHEACS has received their certificate from the Redbridge council. This Committee has put the narne for our prayer facility as Chadwell Heath Central Masjid. It's a prima projert of CHEACS. We als have sports and recreation, dinner and social gathering event. CHEACS opens for daily prayers five times a day. In terms of finance, this year we have received an increasing amount of funds in our CHEACS bank account consisting of interest free loan therefore, we repaid some Qarz-E-Hasanah which is interest free loan. The whole community is glad, and they are using this community centre and praying their five times prayer sessions happily. PJ8¢ 2
Chadwell Heath Educational And Cultural Society Trustees, Report (continued) For The Year Ended 31 March 2025 Financial Review Financial Position The charity received donations and income totalling £338, 56212024: E163,9231. After payments of outgoing expenses totalling E89,093 12024.. £31,790), the charity was left with a surplus of £249,469 12024.. £132, 132} for the year. The trustees. report was approved by the board of trustees and signed on its behalf by.. ,(L Mr Malik Chowdhury-Nanu Chair 0910112026 Mr Mohammed Monsur Ahmed Treasurer s Page 3
Chadwell Heath Educational And Cultural Society Independent Examiner's Report to the Trustees of Chadwell Heath Educational And Cultural Society For The Year Ended 31 March 2025 I report to the trustees on my exarnination of the accounts of Chadwell Heath Educational And Cultural Society (the Trust) for the year ended 31 March 2025. Responsibilities and Basis of Report As the charity trustees of the Trust you are responsible for the prep?ration of the accounts in accordance with the requirements of the Ch?ritiÈs Act 2011 I'the Act"). I report in respect of my examination of the Trust's accounts carriÈd out under se¢iion 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Cornrnission under section 145(5)Ib) of the Act. Independent Examiner's Statement Since the Trust'5 gross income exceeded £250,000 your exarniner must be a member of a body listed in section 145 of the 2011 Act. I confirm thal I am qualified to undertake the examination because L am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have corne to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by section 130 of the Act. or the accounts do not accord with those records; or the accounts do not comply with the applicable requirements concerning the forrn and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent exarnination. I have no concerns and have come across no other matters in connection with the examination tg which attention shoLsld be drawn in this report in order to enable a proper understanding of the accounts to be reached. Askir Ali Chartered Certified Accountants 0910112026 Quilfords Limited Chartered Certified Accountants 113 Romford Road London EIS 4LY PaB¢ 4
Chadwell Heath Educational And Cultural Society Statement of Financial Activities For The Year Ended 31 March 2025 2025 2024 Unrestricted Unrestricted funds fund5 Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Investments 338,560 163,923 338,562 163,923 EXPENDThURE ON: Charitable activities- Charitable activitie5 {89,093) 131,791) NET INCOME 249,469 132, 132 NET MOVEMENT IN FUNDS 249,469 132, 132 RECONCILIATION OF FUNDS: Total funds brought forward 444,395 312,263 TOTAL FUNDS CARRIED FORWARD 12 693,864 444, 395 The notes on pages 7 to 10 form part of these financial staternents. Pa8e 5
Chadwell Heath Educational And Cultural Society statement of Financial Position As At 31 MaTch 2025 2025 2024 Unrestricted funds Total funds Notes FIXED ASSETS Investments 1,197,878 1,073,537 1,197,878 1,073,537 CURRENT ASSETS Debtors Cash at bank and in hand 40,000 83,136 40,000 15,688 123,136 (627,150) (684,830 ) 55,688 Cr¢ditor5: Amounts Falling Due Within One Year io NET CURRENT ASSETS (LIABILITIES) (504,014) (629,142 ) TOTAL ASSETS LESS CURRENT LIABILITies 693,864 444,395 NET ASSETS 693,864 444,395 FUNDS OF THE CHARITY Unrestricted Funds 693,864 444, 395 TOTAL FUNDS 12 693,864 444,395 On behalf of the board Mr Malik Chowdhury-Nanu Chair Mr Mohammed Monsur Ahmed Treasurer 0910112026 The notes on pages 7 to 10 form part of these financial statements. PaB¢ 6
Chadwell Heath Educational And Cultural Society Notes to the Financial Statements For The Year Ended 31 March 2025 l. General Information Chadwell Heath Educational And Cultural Society is an unincorporated charity registered with the Charity Commission, registered charity number 1125112. The principal address is 50 Grove Road , Chadwell Heath , Romford, RM6 4AQ. 2. Accounting Policies 2.1. Basis of Preparation of Financial Statements The financial statements have been prepared in accordance with the Charities SORP {FRS 102) "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} (effective l January 20191" Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011. The charity is a Public Benefit Entity as defined by FRS 102. 2.2. Incoming Resources All income is recog nised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 2.3. Resources Expended Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all ¢ost related to the category. Where costs cannot be dirertly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 2.4. Investments 2.5. Cash and Cash Equivalents Cash and cash equivalènts are basic financial a55ets and include cash in hand and deposits held at call with banks, other short- term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. 2.6. Taxation The charity is exempt from tax as all its income is ¢haritable and applied for charitable purposes. 3. Income from Donatlolls and Legacies 2025 2024 Unrestricted Unrestricted funds funds Donations and gifts other 338,560 148,673 15,250 338,560 163,923 4. Investment Income 2025 2024 Unrestricted Unrestricted funds funds Bank interest receivable Pa8e 7
Chadwell Heath Educational And Cultural Society Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 5. Analysis of Expenditure 2025 Support costs (see note 6 ) Charitable activities 89,093 2024 Support 0Sts lsaÈ note 6 1 Charitable artivities 31,791 6. Support Costs 2025 Charitable activities Employee Costs Premises expenses General administration 46,662 12,039 30,392 89,093 2024 Charitable activities Employee costs Premises expenses General administration 5,200 10,698 15,893 31,791 7. Average Number of Employees Average number of employees during the year was.. NIL {2024: NIL) Pag¢ 8
Chadwell Heath Educational And Cultural Society Notes to the Financial Statements (continued) For Th¢ Year Ended 31 March 2025 8. Investments other Cost or Valuation As at l April 2024 Additions 1,073,537 124,341 As at 31 Mar¢h 2025 1,197, 878 Provision As at l April 2024 As at 31 March 2025 Net Book Value As at 31 March 2025 1,197,878 As at l April 2024 1,073,537 9. Debtors 2025 2024 Due within one year other debtors 40,000 40,000 10. CreditOTS: Amounts Falling Due Within One Year 2025 2024 Quard-E-Hasana Accruals and deferred income 625,950 1,200 683,350 1,460 627, 150 684,830 11. Loans An analy515 of the maturity of loans is given below.. 2025 2024 Amounts falling due within one year or on demand.. Other loans 625,950 683,350 12. Movement in Funds As at l April 2024 Asat31 Expenditure March 2025 Income Unrestricted funds General.. General unrestricted fund 444,395 338, 562 (89,093) 693,864 Total funds 444,395 338,562 (89,093) 693,864 Pa8¢ 9
Chadwell Heath Educational And Cultural Society Notes to the Financial Statements (continued) For The YeaT Ended 31 March 2025 As at l April 2023 Asat31 Expenditure March 2024 Income Unre5tiicted funds General.. General unrestricted fund 312,263 163,923 {31,7911 444, 395 Total funds 312,263 163,923 131,7911 444,395 13. TTansactiOD5 With Trustees None of the trustees received any rernuneration or any other benefits from an employment with the Charity or a related entity during the current or previous year. No trustee expenses have been incurred. 14. Related PaTty Disclosuies There have been no related party transactions in the reporting period that require disclosure. Pa8¢ 10
Chadwell Heath Educational And Cultural Society Detailed Statement of Financial Activities For The Year Ended 31 March 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and gifts Prayer Mat I Wudu Appeal - Donation 338,560 148, 673 15,250 338,560 163,923 Investments Bank interest receivable 338,562 163,923 EXPENDITURE ON: Charitable Activities: Charitable activities Imam rernuneration Rent Cleaning (46,662) (5,2001 {1,7701 15861 18,342) (7,117) 14,9221 (2001 (9081 {220} Computer software, consumables and maintenance Insurance Printing, postage and stationery Advertising and marketing ¢osts Event costs Fines and penalties Project costs Telecommunications and data Costs Accountancy fees Professional fees Bank charges Charitable donations Other office costs Entertaining Card machine charges Council tax 17001 13761 1965) (2,520) 1651 16,616) (1,3321 {I,0001 (233) (230) 13,0491 11,6281 (1,500) 1460) (2361 116, 1051 (2,8801 1501 15571 1678) (107) (1,186) (2,484) Equipment write off 189,0931 131,7911 (89,093} 131,7911 NET INCOME 249,469 132,132 Pa8e 11