Charity number: 1127717
## DARASSALAAM
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 December 2022
DARASSALAAM Contents Page For the year ended 31 December 2022
|Report of the Trustees|1 to 2|
|---|---|
|Independent Examiner's Report to the Trustees|3|
|Statement of Financial Activities|4|
|Statement of Financial Position|5|
|Notes to theFinancialStatements
|6 to 9|
DARASSALAAM Report of the Trustees Continued For the year ended 31 December 2022
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 December 2022. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2015).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
A) To protect, preserve, and propagate the beliefs of Islam in accordance with the teachings of the Holy Quran and the example and teachings of Prophet Muhammad (PBUH) and his companions;
- B) To provide places of worship and teaching;
- C) Facilitate five daily prayers, Friday, (Taraweeh) during Ramadan, Eid and Funeral prayers;
- D) Encourage Muslim children and adults to become responsible human beings and to contribute positively to society at large;
- E) Address any matters relevant to Islam and the Muslim community in Peterborough and its environs.
The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
## **FINANCIAL REVIEW**
The trustees named on page 2 have served throughout the period. Appointment of trustees is governed by the Trust Deed of the Charity. The board of trustees is authorized to appoint new trustees to fill vacancies arriving through resignation or death of existing trustees.
## Reserves and Reserves Policy
Darassalaam is committed to using its resources in pursuit of its charitable objects. It is also committed, however, to maintaining a level of reserves that is prudent to meet ongoing liabilities, sufficient to ensure that all service delivery commitments can be met and to protect the long-term future of our operations. Darassalaam's reserves policy seeks to balance these priorities by holding a level of reserves sufficient to:
- Ensure the availability of sufficient working funds in hand;
- Provide a cushion in case of unexpected loss of income to ensure that services can be maintained;
- Provide sufficient funds for an orderly winding-down in the event of a need to cease activity.
The trustees review the situation on a regular basis and take immediate corrective action as and when necessary.
## Risk Statement
The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to mitigate those risks.
## Financial Information
## Trustees Responsibilities in Relation to the Financial Statements
The Charities Act requires the Committee Members to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity for that period. In preparing those financial statements the Committee Members are required to:
- Select suitable accounting policies, apply them consistently and state them in the financial statements;
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained
- in the financial statements; and
- Indicate where the financial statements are prepared other than on the basis that the Trust is a going concern.
The Committed Members are responsible for keeping proper books of accounts with respect to the trust's transactions and records of assets and liabilities while maintaining a satisfactory system of internal controls. The Committee Members are also responsible for safeguarding of assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
DARASSALAAM Report of the Trustees Continued For the year ended 31 December 2022
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
**Name of Charity** DARASSALAAM **Charity registration number** 1127717 **Principal address** 80-82 Alma Rd, Peterborough PE1 3AW
## **Trustees**
The trustees and officers serving during the year and since the year end were as follows:
Mr Ayub Mohammad Mr Ikram ul Haq Mr Khalid Mahmood Mr Mazhar Azeem Dr Md Akhtaruzzaman Sarker Mr Mohammad Yunas Mr Mohammad Yusaf
## **Independent examiners**
RH & Co Chartered Accountants 1st Floor 254-256 Lincoln Road Peterborough PE1 2ND
Approved by the Board of Trustees and signed on its behalf by
> ............................................................................. 29 September 2023 Mr Mohammad Yunas
DARASSALAAM Independent Examiners Report to the Trustees For the year ended 31 December 2022
I report to the trustees on my examination of the accounts of the charity for the year ended 31 December 2022.
## **Responsibilities and basis of report**
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiners statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content 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 examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
RH & Co Chartered Accountants 1st Floor
254-256 Lincoln Road Peterborough PE1 2ND
29 September 2023
DARASSALAAM Statement of Financial Activities For the year ended 31 December 2022
|**Notes**
Income and endowments from:
Donations and legacies
2
**Total**
**Other Income**
**City Council Grant**
**HMRC JRS**
**Expenditure on:**
Raising funds
3
**Total**
**Net income**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**Funds**
**2022**
**£**
157,578
**157,578**
**-**
**-**
**157,578**
(143,974)
**(143,974)**
**13,604**
1,722,020
**1,735,624**|
**2021**
**£**
171,639|
|---|---|---|
|||**171,639**|
|||**6,670**
**26,001**|
|||**204,310**
(132,556)|
|||**(132,556)**|
|||**71,754**
1,650,266|
|||**1,722,020**|
DARASSALAAM Notes to the Financial Statements For the year ended 31 December 2022
|**Notes**
**Fixed assets**
Tangible assets
7
**Current assets**
Cash at Bank and in Hand
**Creditors: Amounts falling due within one year**
8
**Net current assets**
**Total assets Less current liabilities**
**Creditors: Amounts falling due after more than one year**
**Net assets**
**The funds of the charity**
Unrestricted income funds
10
**Total funds**|**2022**
**£**
1,717,099
**1,717,099**
25,132
**25,132**
(6,607)
**18,525**
**1,735,624**
-
**1,735,624**
1,735,624
**1,735,624**|**2021**
**£**
1,717,972|
|---|---|---|
|||**1,717,972**|
|||14,006|
|||**14,006**|
|||(9,958)
**4,048**|
|||**1,722,020**|
|||-|
|||**1,722,020**|
|||1,722,020|
|||**1,722,020**|
The financial statement was approved and authorized for issue by the Board and signed on its behalf by:
Mr Mohammad Yunas Chairman
29 September 2023
DARASSALAAM Notes to the Financial Statements For the year ended 31 December 2022
## **1. Accounting Policies**
## **Basis of accounting**
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
DARASSALAAM 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 note(s).
## **2. Income from donations and legacies**
|**Unrestricted funds**
Donations received
Council Grant
HMRC JRS Grant|**2022**
**£**
157,578
-
-
**157,578**|**2021**
**£**
171,639|
|---|---|---|
|||6,670
26,001|
|||**204,310**|
## **3. Expenditure on generating donations and legacies**
|**Unrestricted funds**
Support costs|**2022**
**£**
143,974
**143,974**|**2021**
**£**
132,556|
|---|---|---|
|||**132,556**|
DARASSALAAM Notes to the Financial Statements Continued For the year ended 31 December 2022
## **4. Analysis of support costs**
|**Voluntary Income**
Salary & wages
Employer NI
contribution
Employer Pension
contribution
Rent & rates
Insurance
Light & heat
Repair & renewals
Printing & Stationery
Telephone
Accountancy & other
legal fees
Bank charges|**2022**
**£**
103,929
-
892
2,112
2,228
27,371
4,744
31
376
1,000
418
**143,101**|**2021**
**£**
103,314
-
712
1,186
1,996
15,168
5,078
93
362
1,965
1,655|
|---|---|---|
|||**131,529**|
## **5. Net income/(expenditure) for the year**
This is stated after charging/(crediting):
|This is stated after charging/(crediting):||||
|---|---|---|---|
||**2022**||**2021**|
||**£**||**£**|
|Depreciation of owned fixed assets||873|1,027|
## **6. Comparative for the Statement of Financial Activities**
The comparative year values on the Statement of Financial Activities are for unrestricted funds.
DARASSALAAM
Notes to the Financial Statements Continued For the year ended 31 December 2022
## **7. Tangible fixed assets**
|**Cost or valuation**
At 01 January 2022
Add: Addition
At 31 December 2022
**Depreciation**
At 01 January 2022
Charge for the year
At 31 December 2022
**Net book values**
At 31 December 2022
At 31 December 2021|**Land and**
**Buildings**
**£**
**1,712,155**
-
**1,712,155**
-
-
**-**
**1,712,155**
**1,712,155**|**Fixtures and**
**Fittings**
**£**
**20,394**
-
**20,394**
**14,577**
873
**15,450**
**4,944**
**5,817**|**Total**
**£**
**1,732,549**|
|---|---|---|---|
||||-|
||||**1,732,549**|
||||**14,577**
873|
||||**15,450**|
||||**1,717,099**|
||||**1,717,972**|
|**8. Creditors: amounts falling due within one year**
Other creditors
Accruals and deferred income|**2022**
**£**
5,307
1,300
**6,607**|**2021**
**£**
7,658
2,300|
|---|---|---|
|||**9,958**|
DARASSALAAM Notes to the Financial Statements Continued For the year ended 31 December 2022
## **9. Movement in funds**
## **Unrestricted Funds**
|General
Donation
**Unrestricted Funds - Previous year**
General
Donation
**Analysis of net assets between funds**
**Unrestricted funds**
General
Donation
**Previous year**
**Unrestricted funds**
General
Donation|**Balance at**
**Incoming**
**Outgoing**
**Balance at**
**01/01/2022**
**resources**
**resources**
**31/12/2022**
**£**
**£**
**£**
**£**
1,722,020
157,578
(143,974)
1,735,624
1,722,020
157,578
(143,974)
1,735,624
**Balance at**
**01/01/2021**
**Incoming**
**resources**
**Outgoing**
**resources**
**Balance at**
**31/12/2021**
**£**
**£**
**£**
**£**
1,650,266
204,310
(132,556)
1,722,020
1,650,266
**204,310**
(132,556)
1,722,020
**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Creditors >**
**one year**
**Net Assets**
**£**
**£**
**£**
**£**
1,717,099
18,525
-
1,735,624
1,717,099
18,525
**-**
1,735,624
**Tangible**
**fixed assets**
**Net**
**current**
**assets**
**(liabilities**
**)**
**Creditors >**
**one year**
**Net Assets**
**£**
**£**
**£**
**£**
1,717,972
4,048
1,722,020
1,717,972
**4,048**
-
1,722,020|**Balance at**
**Incoming**
**Outgoing**
**Balance at**
**01/01/2022**
**resources**
**resources**
**31/12/2022**
**£**
**£**
**£**
**£**
1,722,020
157,578
(143,974)
1,735,624
1,722,020
157,578
(143,974)
1,735,624
**Balance at**
**01/01/2021**
**Incoming**
**resources**
**Outgoing**
**resources**
**Balance at**
**31/12/2021**
**£**
**£**
**£**
**£**
1,650,266
204,310
(132,556)
1,722,020
1,650,266
**204,310**
(132,556)
1,722,020
**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Creditors >**
**one year**
**Net Assets**
**£**
**£**
**£**
**£**
1,717,099
18,525
-
1,735,624
1,717,099
18,525
**-**
1,735,624
**Tangible**
**fixed assets**
**Net**
**current**
**assets**
**(liabilities**
**)**
**Creditors >**
**one year**
**Net Assets**
**£**
**£**
**£**
**£**
1,717,972
4,048
1,722,020
1,717,972
**4,048**
-
1,722,020|**Balance at**
**31/12/2022**
**£**
1,735,624|
|---|---|---|---|
||||1,735,624|
||||**Balance at**
**31/12/2021**
**£**
1,722,020|
||||1,722,020|
|||||
|||1,717,099
18,525
**-**
1,735,624||
|||**Tangible**
**fixed assets**
**Net**
**current**
**assets**
**(liabilities**
**)**
**Creditors >**
**one year**
**Net Assets**
**£**
**£**
**£**
**£**
1,717,972
4,048
1,722,020||
|||1,717,972
**4,048**
-
1,722,020||
## **10. Analysis of net assets between funds**