Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI SU.
Email Address: thecomswa@yahoo.co.uk
TRUSTEES, REPORT
FINANCIAL REPORT FOR THE YEAR ENDED
ST
31 DECEMBER2023

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI 5LJ.
EmailAddress: thecomswa@yahoo.co.uk
PART I: TABLE OF CONTENTS
I. TABLEOFCONTENTS.....................
.PAGE2
2. CHAIRMAN'S FOREWORD......
.PAGE3
3. ADMINISTRATIVE & REFERENCES....
.PAGE4
4. ORGANISATION'S PROFILE ...............
.PAGE5
5. ACHIEVEMENTS & PERFORMANCE .
.PAGE6
6. PLANS FOR THE FUTURE.........
.PAGE7
7. FINANCIAL REVIEW...
.PAGE8
8. TRUSTEES STATEMENTS AND RESPONSIBILITIES ..............
.PAGE9
9. INDEPENDENT EXAMINERS REPORT.....
. PAGE 10
10. STATEMENT OF FINANCIALACTIVITIES........
. PAGE 11
11.CHARITY BALANCE SHEEr.
. PAGE 12
12. NOTES TO THE FINANCIAL STATEMENTS .
. PAGE 13-20

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI 5LJ.
EmailAddress: thecomswa@yahoo.co.uk
PART 2: CHAIRMAN'S FOREWORD
In the name of Allah, the Most Beneficent, the Most Merciful. We thank Him for His
everlasting mercy upon us and we praise and glorify Him for His countless favours
irrespective of our shortcomings. We send blessing and salutation upon our beloved
Prophet Muhammad, his Companions, and entire people of his household,
AlhamdulliLah. another year has passed on with great success, and we look forward to
the year ahead with hope and prosperity. l am pleased to present before you an Annual
Report along with Independent Examiners. Report for the year ended 31" December
2023 for your perusal. This report reflects upon what happened during the year under
review.
Further to my report for the year ended 31st December 2022, the air conditioning units
were purchased and installed during the year under review, this has helped a great deal
especially during hot summertime. We thank all the contributors and member who
worked tirelessly to get this done.
During the year under review, an amount of £56,065 was raised from the existing 54
members. We are still exploring different avenues to invest the funds wisely and
productively without putting the scheme in stressful position.
It is a pleasure and privilege to serve as Amir of this institution. We could not have
achieved this milestone without great deal of hard work by everyone within Comswa's
circle. and this is what Community (Mujitamaal is all about. May Allah (S.A.Wl grant all
of us goodness in this world and hereafter. Ameen.
Ibrahlm Jaffar-shaurl
Amir of Coventry MusLim Swahili Community (UK)

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI SU.
Email Address: thecomswa@yahoo.co.uk
PART 3: ADMINISTRATIVE & REFERENCES
CHARITY NAME:
COVENTRY MUSLIM SWAHILI ASSOCIATION
CHARITY REGISTRATION NO. 1126750
PRICIPLE OFFICE:
88, PAYNE'S LANE,
COVENTRY
CVI SU
EMAILADDRESS:
WEBSITE:
nline
TRUSTEES:
EFFECTIVE FROM 0910912023
IBRAHIM JAFFAR-SHAURI -CHAIRMAN
NASSOR UBA NASSOR -VICE CHAIRMAN
SULEMAN ALI
-SECRETARY
KHALFAN MAYOUB
-DEPUTY SECRETARY
AXMED SAYYID CALI
-TREASURY
SAYID ALI ABDULLAHI
-DEPUTY TREASURY
SALEH BADRU ALI
-TRUSTEE
MOHAMMED SALUM
-TRUSTEE
KEIS OMAR KEIS
-TRUSTEE
PRINCIPLE BANKERS:
HSBC BANK PLC
516 HIGH STRE
COVENTRY
CVI 5RE
INDEPENDENT EXAMINER:
ASHIF HASHAM
QNA LEICESTER LTD
15 FARNLEY ROAD, LEICESTER
LE5 IGP

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry. West Midland, CVI SU.
EmailAddress: thecomswa@yahoo.co.uk
PART4: ORGANISATION PROFILE
Organisatlon Objective:
The primary objective of the Charity as set out in the Governing Document, is to advance the
Islamic Faith and Muslim Community. Our aim is to provide facilities forthe Muslim population
of Coventry to worship their Creator and to educate them about their faith based upon the
teachings of the Qur'an and the Sunnah as understood by the companions of the Prophet
{S.A.W.l and bythose that followed them
Structure, Governance & Management:
The Board ofTrustees is appointed by General Meetingfor a term of Two (21 years. The Trustees
are responsible for day-to-day management and administration. They determine the general
policy of running ofthe organisation: to assistwith smooth running ofthe Charity, Trustees have
authorityto delegate its powerstosub-committees on various functions and activities. Trustees
do not receive any remuneration.
Risk Management:
Trustees have moral and legal obligation to exercise their duties in delicate care and skills by
identifying potential threats to charity's objectives and to mitigate those threat appropriately
and proportionally. In reference to risk management. we have an up and running complaints,
handling procedure and managing conflict of interest policies.
Vlsion and Mlssion:
Our Vision is to build a vibrant Islamic Centre that caters to religious, education and social
needs of wider Muslim Community. Our Mission is to develop, support and promote a
comprehensive Islamic way of life as delineated in the Holy Quran and Sunnah. In addition, we
would love to continue to provide positive contribution to Coventry City, British Society and
make a positive global impact.
Area of Operation:
Comswa operates within England and Wales. however. the governing document does not
restrict the charityto extend its operations beyond this boundary.
Volunteers:
Volunteers are paramount mechanisms, catalyst, and vigorous tools to move forward and
achieve community objective. Currently the charity has 60 volunteers both men and women
devoting their time and wealth for community and faith related activities. Their work Is vibrant
for the organisation.
Public Benefit:
The trustees f requently review the activities of the charity to ensure that they continue to reflect
the objectives and aims ofthe charity and provide an overall benefitto the public.

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI SU.
Email Address: thecomswa@yahoo.co.uk
PART 5: ACHIEVEMENT & PERFORMANCE
Duringtheyearunderreview, charityhas successfullyfulfilled manyof itscore objectives, some
ofwhich are mentioned here below: .
al Facilities were extended for 5 daily prayers including Friday prayers
bl Arrangements were made for Ramadhan i.e. Taraweeh, Iftar and Itikahf
cl Ladies only Islamic knowledge programmeswere organised
dl Visiting of sick at their homes and hospitals.
el Performed marriage ceremonies and provided marriage and divorce counselling
fl Performingfuneral services including washing. burial and comforting ofthe bereaved.
Education Centre (Madrasah}:
The children's madrasah continues to flourish under the dedicated leadership of Ustadh
Ibrahim, Ustadh Khamis Qassim along with Sister Fatma. Ummu Aqsa, and several other
volunteers. More than 100 children are now on the Madrasah register. In addition to the daily
Quran and Islamic Study classes, the following events took place:.
al Parents eveningwas organised to discuss children's progress
b) Individual student progress reports were sent to parents
Eid Congregation Prayer & Eid Celebration in the park:
The Charity successfully organised Eid congregational prayers in the park, this was done in
collaboration with another Masjid in Coventry. Additionally, Eid celebrations were conducted at
Edgwick Park in Coventry since 2014, this allowed even the Non-muslims to join in the
celebration on most important event on Muslim Calendar.
Communlty Cohesion:
The Charity actively engaged in local authority and community organisations to bring together
people in diverse neighbourhood making Coventry a better place to live and work. To make this
idea a realitywe are currentlyworking together with West Midlands Police force. Coventry City
Council, Bengal, Somali and Gujarati communityjust to mention a few.
Youth Engagements:
Youths are backbone of many communities. we are grateful to have a good number ofjuveniles
who are fully involved in religious and community activities. It is our moral duty to ensure this
crop of youngsters are protected against intoleiable behaviour and enjoy theirjuvenile lifespan
wisely.
Event and Talks:
The Mosque has hosted a series of events and talks for the local community delivered by
prominent UK scholars. community leaders and emerging ustadh of modern day.

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI SU.
Email Address: thecomswa@yahoo.co.uk
PART 6: PLANS FOR THE FUTURE
Madrasah:
al To provide and expand basic Islamic Education to youngsters
bl Recruit more volunteerteachers
cl Intensive in-house training for new recruits and existing teachers
dl Improvise incentives to the volunteer teachers
el Projectingto produce S Alims and Hafidh within next 3-5 years
f} Recruit more support staff to encounterthe advancement of Madrasah.
Fridah & Eid Congregation:
We are working through to ensure both Friday and Eid Congregation are well supervised.
Innovation of new fund-ralsing avenues for Masjid project:
a} Masjid collection'chanda-from some selected towns across UK
bl Fund raising events on at least monthly basis
c) To explore foreign donors to help the project
Adminlstrative and Management affairs:
al Plan to offer more intensive trainingto executives to overcome advancement of charity
bl Oversee Eid congregation prayer & celebration in the park
cl Oversee mihadhara and iftar programmes
dl Oversee collection of zakat ul fitr collections and disbursement accordingly
el Strengthening internalcontrols to safeguard wealth and property ofthe charity
Worklng with other charities:
The charity has bonded very well with other communities across Coventry such as Bengali,
Gujarat and Somalian. They have wholehearted supported our work we could have not asked
for more. Outside the borderwe continue to explore potential areas of co-operation with other
organisations for advancement of this community.
Plans for our Centre:
a} To provide help and support on circular education
bl Youth group activities i.e. sports events. camps
c} Health and fitness activities
d) Crèche and Nursery
el To promote Swahili mothertongue to the youngsters
Rlsk Management:
New trustees will have periodic training to their legal obligation under charity law, this includes
areas on Decision Making, Declaration of Trust and Financial Supervision. Building Insurance
has been arranged as part of risk mitigation scenario.

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI SU.
EmailAddress: thecomswa@yahoo.co.uk
PART 7: FINANCIAL REVIEW YEAR 2023
Net Surplus:
Charity earned a net surplus of £70.785 during the year in review {2022: £50,874). This shows
an increase of 28% compared to previous year.
Incomlng Resources and Resources Expended:
Incoming Resources from generated funds increased by 9% compared to previous year. During
the year in review resourcesfrom charitable activities declined by 3% from £84,829to£82,264.
Total resources expended decreased by24% to £34,967from £45,871 in previous year.
Principal Funding Sources:
The Charity's main source of income remains as voluntarydonations, proceedsfrom generated
funds and free interest loan. Of this. we have restricted funds to be utilised for specific project
and asset purchase. Managing trustees decided to use the funds to purchase air conditioning
units forthe prayer hall and community purposes. Further details ofthe restricted funds can be
found under notes to the Financial Statements.
Reserves Policy:
The charity's policy is to maintain suff icient reseNes to at least cover fixed monthly unrestricted
expenditure. The trustees believe the current level of reserves are suff icient to meet this
objective.
Going Concern:
Trustees have a reasonable expectation that the charity has adequate resources to continue its
operations for unseeable future. For this reason, the trustees have adopted the going concern
concept in preparingthe Financial Statements.
Future:
COMSWAexpectsto maintain its existingrange offaith and communityactivitieswhilst building
and improving on areas identified forfurther developments.
Investments:
Due to unavailability of interest free financial products f rom high street Banks, unrestricted
funds continue to remain idle without yielding financial returns. Consequently, management
continue to use the funds towards f unding activities such as fundraising events.

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI SU.
Email Address: thecomswa@yahoo.co.uk
PART 8: STATEMENT OF RESPONSIBILITIES
The Trustees are responsible forpreparingthe Trustees, Report and the Financialstatements in
accordance with charities applicable law and regulations. Charity Law requires the trustees to
prepare Financial Statements for each financial year in accordance with United Kingdom's
Generally Accepted Accounting Practice (United Kingdom Accounting Standards) and
applicable law. Under Charity Law the trustees must not approve the financial statements
unless they are satisf led that they give a true and fair view of the situation of the charity and of
its net outgoing resources for that period.
In preparing these f inancial statements, the trustees are required to:
a} Select suitable accounting policies and then apply them consistently.
bl Makejudgements and estimates that are reasonable and prudent.
c} State whether applicable accounting standards have been followed. subject to any
material departures disclosed and explained in the f inancial statements.
d) Prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charitywill continue to operate.
The trustees are responsible for keeping proper accounting records that are sufficient to show
and explain the charity's transactions and disclose with reasonable accuracy at any time the
f inancial position of the charity and enable them to ensure that the financial statements comply
with the Charities Act 2011, the Charity {Accounts and Reports) regulations 2008 and the
provisions of the trust deed. 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 Trustees Board, we hereby satisfythat Trustee Report give a true and fairview
of the state of affairs of the charity and of its outgoing resources for the period under review.
Axmed Sayyld Call
Treasurer
On Behalf of Trustees
Ibrahim Jaffar-shaurl
Chairman
On Behalf of Trustees

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry. West Midland. CVI SU.
Email Address: thecomswa@yahoo.co.uk
Independent Examlner's Reporttothe Truslees of COVENTRY MUSLIM SWAHILI
ASSOCIATION {UK)
I report on the accountsofthe charityforthe yearended 3151 December 2023which are setout on pages
13to 20.
Respective responsibilities of trustees and examlner
The trustees are responsible lor the pieparation of the accounts. The irustees consider that an audlt is
not required for this year under sectio[7 144121 of the Charities Act 2011 Ithe 2011 Act) and il is my
responsibility to:
Examine the accounts under section 145 of the 2011 Act:
To follow the procedures in the general directions given by the Charity Commission under
section 14515llbl of the 2011 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 Ihe Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
ornpaiison 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 mattels. The Pfocedures undertaken do not provide all the evidence that would be required in an
audit and consequently llo opinion is given as to whether the accounts present a 'True and Fair view.
and the report is limited to those matteTS set out in the next slatement.
Independent examiner's statement
I have not identified matters of concern but check and balances need to be established to improve
internal controls.
In connection with my examination. apart from Ihe matters referred above indicating that the accounts
are not fully compliant with the accounting requirements ot section 396 of the Companies Act and with
the methods and prir¢ciples ot the Statement of Recommended Practice- Accounting and Reporting by
Charities. no matter has come to my attention:
11 which gives me reasonable causeto believe that in any material respect the requirements..
to keep accounting recofds in accordance with section 130 of the Charities Act 2011.. and
to prepare accounts which accord with the accounling records and comply with the accounting
requirements of the 2011 Aci have not been met- or
21 to which, in my opinion. attention should be drawn to enable a proper undersianding of the
be reached.
Ashlf Hasham.
QNA Lelcester Ltd
15, Farnley Road, Leicesle
LE5 IGP
io

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI SU.
Email Address: thecomswa@yahoo.co.uk
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestlr¢ted Restricted
Total FundsTotal Funds
2023
2022
Incomlngresources
Activities for generating funds
Resources from charitable activities
Note
28,438
28,438
11,916
4otal IncomlngResources (a)
28,438
82,264
110,702
96,745
Resources expended
Charitable activities
15,930
15.930
34,491
Generated Funds
Total resources expended (bj
22,367
15,930
38,297
45,871
NetResources before transler(a-bJ
6.071
66,334
72,405
50,874
Reconclllatlon offijndmovement
Total funds broughtft1￿ard
664,871
751.764
700.890
Netmovements during the year
Total funds carrledfoThvard
All Incoming resources and resources expended derived from continued activities.
The charityhas no otherrecognizedgains orlosses for the year other than the results above.
Approved and signed on ......
, on Behalf of Trustees
Jaffar-shauri
Chairman
Axmed Call
Treasurer

Coventry Muslim Swahili Association
88 Payne's Lane. Coventry, West Midland, CVI SU.
Email Address: thecomswa@yahoo.co.uk
BALANCE SHEET AS AT31 DECEMBER 2023
2023
2022
FixedAssets
Tangible Assets
Note
10
687.612
659,145
CurrentAssets
Debtors
11,496
8,226
Cash atBankand in Hand
li
841,878
773,572
Current Liabilitles
Creditors.. Amt falling due within one year 6
Creditors.. Amt falling due after one year
NetAssets
750
4,849
The Funds of the Charlty..
Restricted Funds
153,227
86,893
Unrestricted Funds
NetAssets

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI SU.
Email Address: thecomswa@yahoo.co.uk
Notes to the Financial Statements for the year ended 31 December 2023
l. Accountlng policles
Statement of compllance
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standards applicable in the UK and
Republic of Ireland IFRS 1021 leffective l January 20251- (Charities SORP (FRS 1021}, the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 and the
Charities Act 2011.
Basls of preparation
COVENTRY MUSLIM SWAHILI ASSOCIATION IUKI meets the definition of a public benefit entity
under FRS 102. Assets and Liabilities are initially recognized at historical cost or transaction
value unless otherwise stated in the relevant accounting policy notes.
Exemption from preparing a Cash Flow Statement.
The Charity is exempted from preparing a cash flow statement as early adopts Bulletin I
published on 2 February 2016. However, Comswa decided to include a cash flow statement in
this Financial Statements for more transparency.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to
continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or
are of a general nature is recognized when the charity has entitlement to the income, it is
probable that the income will be received, and the amount can be measured with suff icient
reliability.
Gifts In kind
Gifts in kind are recognized in differentwaydepending on how they are used bythe charity:
Those donated for resale produce income when they are sold. They are valued atthe
amount realised.
Those donated for onward transmission to beneficiaries are included in the
Statement of Financial Activities as incoming resources expended when they are
distributed. They are valued at the amount the charity would have had to pay to
acquire them.
liiil Those donated for use by the charity itself are included when receivable. They are
valued at the amountthe charitywould have had to payto acquire them.
13

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI SU.
Email Address: thecomswa@yahoo.co.uk
Notes to the Flnancial Statements for the year ended 31 December 2023
Expenditure
All expenditure is recognized once there is a legal or constructive obligation to that expenditure,
its probable settlement is required. and the amount can be measured reliably. All costs are
allocated to the applicable expenditure headingthose aggregate similar costs to that category.
Where costs cannot be directly attributed to particular headings. they have been allocated on a
basis consistent with the use of resources, with central staff costs allocated based on time
spent. and depreciation chargesallocated onthe portion ofthe asset's use. Othersupportcosts
are allocated based on the spread of staff costs.
Ralsingfunds
These are costs incurred in attracting voluntary income, the management of investments and
those incurred in trading activities that raise f unds.
Charitable actlvities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its
activities and services for its benef iciaries. It includes both costs that can be allocated directly
to such activities and those costs ol an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on
a basis consistent with the use of resources, for example, allocating property costs by Iloor
areas, or per capita, staff costs bythe time spent and other costs by their usage.
Governance costs
These include the costs attributable to the charity's compliance with constitutional and
statutory requirements, including audit. strategic management and trustees, meetings and
reimbursed expenses.
Taxatlon
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the FinanceAct
2010 and therefore it meets the definition of a charitable company for UK corporation tax
purposes. Accordingly, the charity IS Potentially exempt from taxation in respect of Income or
capitaigains received within categories covered by Chapter3 Part 11 ofthe Corporation TaxAct
2010 or section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such
income or gains are applied exclusivelyto charitable purposes.
Tangible flxed assets
Individual fixed assets costing £1.500 or more are initially recorded at cost. Less any
subsequent accumulated depreciation and subsequent accumulated impairment losses.
14

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI SU.
Email Address: thecomswa@yahoo.co.uk
Notes tothe Flnancial Statements forthe year ended 31 December2023
Depreclatlon and amortisatlon
Depreciation is provided on tangiblefixed assets so astowrite off the cost orvaluation, less any
estimated residual value. overtheir expected useful economic life as follows:
Asset Class
Depreciation method and rate
Equipment
Straight line- 20%
Fixtures and Fittings
Straight line- 33.33%
Trade Debtors
These are amounts due from customers for merchandise sold or seNices performed in the
ordinary course of business, they are recognized initially at the transaction price. They are
subsequently measured at amortised cost using the effective interest method, less provision
for impairment. A provision forthe impairment is established when there is objective evidence
that they will not be able to collect all amounts due according to the original terms of the
receivables.
Cash and cash equlvalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term
highly liquid investmentsthatare readilyconvertibleto a known amountofcash and are subject
to an insignificant risk of change in value.
Borrowlngs
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-
bearingborrowingsare subsequentlycarried atamortised cost. with the difference between the
proceeds, net of transaction costs, and the amount due on redemption being recognized as a
charge to the Statement of FinancialActivities over the period of the relevant borrowing.
Interestexpense is recognized based ontheeffective interest method and is included in interest
payable and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to
defer settlement of the liabilityfor at leastlwelve months afterthe reporting date.
Fund structure.
Unrestricted income f unds are generalfunds that are available for use atthe trustees, discretion
in furtherance ofthe objectives ofthe charity.
Restricted incomefunds arethose donated for use in a particular area orfor specific purposes,
the use of which is restricted to that area or purpose.
15

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI 5LJ.
EmailAddress: thecomswa@yahoo.co.uk
Notes to the Financial Statements for the year ended 31 December 2023
Flnanclal Instruments
Classlflcatlon
Financialassets and financial liabilities are recognized when the charity becomes a partyto the
contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the
contractual arrangements entered. An equity instrument is any contract that evidences a
residual interest in the assets of the charity after deducting all of its liabilities.
2. Activities from generatingfunds
Funds
2023
Funds
2022
Unrestricted
Restrlcted
Education Centre
Students'Fees and supplies
Sundrylncome
Sub-Total
4,586
4.586
420
3. Incoming Resources Charitable ActAvitAes
Funds
2023
Funds
2022
Unrestrlcted
Restrlcted
Chanda Collection -MasJid Project
Community& Public -masjid Project
Subscription to bereavement Fund
Sub-Total
5.890
5,890
12,406
64.271 64,271
63,573
4. Total Resources Expended
Funds
2023
Funds
2022
Unrestricted
Restricted
Dlrect Costs..
Fundraising Costs
Accountancy fees (Provfor2023)
Subscription
Sub-Total la)
5.000
5,000
213
750
750
700

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI SU.
Email Address: thecomswa@yahoo.co.uk
Notes to the Financlal Statements forthe year ended 31 December2023
4. Total Resources Expended (Continued.......
Funds
2023
Funds
2022
Unrestricted
Restrlcted
Support Costs..
Utilities Consumption
Council Tax & Rates
9.243
9,243
2,062
5,399
2,062
3,010
Printing& stationery
Telephone & Internetservices
Bank Charges
Building insurance
Repairs & Maintenance
Governing Costs
Funds utilisation for Bereavementsch
123
123
726
726
925
449
263
263
4,988
4,988
1,156
928
250
Bad debts from Bereavementscheme
6,550
Charitygiven platform
Ramadhan Imam gifts
TravellingExpenses
Depreciation
Sub-Total (b)
Grand Total (a+b)
26,740
4,000
4,000
6,930
6,930
5. Debtors
Funds
2023
Funds
2022
Unrestricted
Restricted
Arrears on Bereavement Funds
2,857
2,857
3,046
Sundry debtors
Prepayment
Sub-Total (aj
1,800
5.000
6,800
5,180
17

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI SU.
EmailAddress: thecomswa@yahoo.co.uk
Notes to the Financial Statements forthe year ended 31 December 2023
6. Creditors.. falllng due wlthin a year
Funds
2023
Funds
2022
Unrestricted
Restrlcted
Accountingfees (Pmv. for2023)
Prepaid subs on bereavement
Virgin (Tel & Internet Services)
Accrued ElectricityProvision
750
750
700
3,330
66
7. Creditors.. fallingdue after a year
Funds
Restricted ry 2023
Funds
2022
Unrestrlcted
Qaradhan Hassan (Free Interest Loan)
Buildingmaterial-unpaid
9.350
9,350
9,350
8. Analysis of fvnds
Istjan
2023
31" Dec
2023
Incomlng
Expendlng
IFun
Unrestricted fund
664.871
28.438
22,367
670,942
Subscription on bereavement
Masjid Project
49,781
12.103
61,884

Coventry Muslim Swahili Association
88 Payne's Lane. Coventry, West Midland, CVI SU.
EmailAddress: thecomswa@yahoo.co.uk
Notes to the Financial Statements forthe year ended 31 December 2023
9. NetAssets byfvnd
Funds
2023
Funds
2022
Unrestricted
Restrlcted
Tangible Assets
Add.. CurrentAssets
687,612
687,612 659,145
154.266 114,427
4,849
19,432
134.834
Less.. Creditors falling due within a year
Less.. Creditors falling due after a year
NetAssets
750
750
10. FixedAssets
Freehold
Land
659,145
Funds
2023
659,145
Funds
2022
659,145
Equipment
Balance broughtfonvard
Additions..
31,630
31,630
Charge for the year
Net Book Value
11.cash on Hand& Bank
Funds
. 2023
Funds
2022
Unrestrlcted
Restrlcted
Masjid ProjectAccount
SavingsAccount
BereavementAccount
62.699
62,699
39,071
10,251
10,251
10.000
61,884
61,884
50,065
Madrasah Account

Coventry Muslim Swahili Association
88 Payne's Lane, Coventry, West Midland, CVI SU.
Email Address: thecomswa@yahoo.co.uk
Notes to the Flnancial Statements forthe year ended 31 December2023
12. Cash Flowstatement
Cash atBankat the beginning of the year
106,201
Receipts from Masjid Project
Receipts from Education Centre
Receipts from Bereavement Funds
70.445
23,488
105,941
Ex
Fundraisingcosts
Purchase of Equipment (A/C units)
Building Maintenance & Repair
nt&Ad
5.000
31,630
4,988
41,618
itu
na
em
Accountancyfees (2023)
Bank Charges
Broadband & Telephone Exps
Utilities (Electricity& Gas)
Buildinglnsurance
Printing & Stationery
Council fax/R8tes
Subscription
Travel Expenses
Ramadhan Imam Gifts
Cash on Hand andat Bank
in..
700
449
792
9,996
2.102
123
2,062
600
6,930
4.000
13. Bereavement Funds 2023
Cash atBank
Prepaid-subscription
ReseNed
61,884
3,330
20