Registered number 1129393
THE ISLAMIC EDUCATION CENTRE
Filleted Accounts
31 March 2023
THE ISLAMIC EDUCATION CENTRE Cahrity Information
:
Trustee
Zubair Badat
Cahrity Registered number 1129393
Charity Address
3/5 Milner Street Old Trafford Manchester M16 SWF
Bank Natwest 438 Barlow Moor Road Manchester M21 OBR
1
: ;
THE ISLAMIC EDUCATION CENTRE Registered number: 1129393 Trustees Report
The trustees present their report and accounts for the year ended 31 March 2023. Legal and administration The Islamic Education Centreis a registered charity number 1129393 and subject to the regulation of the charity commission .
Structure, Governance and Management
The Charity is governed by its constitution . The charity is constituted as an association consisting of members. The trustees are appointed re appointed at the annual general meeting
Objective & Vision 1) The advancement in education with a view to helping people development to meet their own needs in society
- 2) The teaching of Muslim faith 3) Help to relief of poverty 4) The promotion of peace and harmony 5) Promoting information and mutual understanding and respect of the belief and Practice of different faiths
Financial review of the year
Donation and fee received during the year were £ 44599 and
-
£14389 was spent on teacher wages and £1488 was spent on premises and £3907 Management & Administration costs
-
Summary of main activities 1) improvement of existing prayer services 2) expansion of after school education 3) extension of prayers facalities 4) improved the funeral and burial services for wider area
Achievement and performances
- 1 improving quality education for children's and women 2) Regular meetings and gathering on faiths topics 3) helping needy people in covid19 pendamic
Plans for future
- 1) continue holding faiths and religions meetings 2) Delivereing religious courses 3) expanding Education facilities for all age women 4) continue expanding Evening and weekend classes for adult community
This report was approved by the board on 21 April 2023 and signed on its behalf. Trustee
4
THE ISLAMIC EDUCATION CENTRE Profit and Loss Account for the year ended 31 March 2023
| 2023 | |
|---|---|
| £ | |
| Donation | 44,599 |
| Administrative expenses | (19,784) |
| net surplus | 24,815 |
| 24,815 | |
| netsurplus | 24,815 |
1
THE ISLAMIC EDUCATION CENTRE Registered number: 1129393 Balance Sheet
7
as at 31 March 2023
| Notes | 2023 | ||
|---|---|---|---|
| Fixed assets | £ | ||
| Tangible assets | 2 | - | |
| Current assets | |||
| Cash atbankand in hand | 34,425 | ||
| Creditors: amounts falling due | |||
| within oneyear | 3 | (350) | |
| Net current assets | 34,075 | ||
| Net assets | 34,075 | ||
| Capital and reserves | |||
| Balance B/fwd Profitand lossaccount |
9,260 24,815 |
||
| Shareholders’funds | 34,075 |
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
& Zubair Badat Approved by the Trustee on 21 April 2023
1
THE ISLAMIC EDUCATION CENTRE Notes to the Accounts for the year ended 31 March 2023
Plant and machinery etc Cost £ Additions 4 At 31 March 2023 - Depreciation At 31 March 2023 | - Net book value At 31 March 2023 -
3 Creditors: amounts falling due within one year 2023 £ Trade creditors 350
4 Other information
THE ISLAMIC EDUCATION CENTRE is a Charity registered with Charity Commission in England And Wales
3
THE ISLAMIC EDUCATION CENTRE Detailed Financial Statement for the year ended 31 March 2023 This schedule does not form part of the Statutory accounts
| 2023 | |
|---|---|
| £ | |
| Sales | 44,599 |
| Administrative expenses | (19,784) |
| Operating profit | 24,815 |
| Profitbeforetax | 24,815 |
1
THE ISLAMIC EDUCATION CENTRE Detailed Financial statemnt for the year ended 31 March 2023 This schedule does not form part of the Statutory accounts
| 2023 | ||
|---|---|---|
| INCOME | £ | |
| DONATION | 44,599 | |
| Administrative expenses | ||
| Employee costs: | ||
| Wages and salaries | 14,389 | |
| Premises costs: | 14,389 | |
| Rates Lightand heat |
638 850 |
|
| General administrative expenses: | - | 1,488 |
| Telephone and fax | 341 | |
| Stationeryand printing Subscriptions Insurance |
395 275 760 |
|
| Sundryexpenses | 828 | |
| Legal and professional costs: | 2,949 | |
| Accountancy fees | 350 | |
| Other legal and professional | 608 | |
| 958 | ||
| 19,784 |
1