GOODWOOD COMMUNITY & EDUCATION CENTRE
ANNUAL REPORT AND ACCOUNTS
31 MARCH 2021
## **GOODWOOD COMMUNITY & EDUCATION CENTRE ANNUAL REPORT AND ACCOUNTS CONTENTS**
||Page|
|---|---|
|Legal and administrative information|1|
|Report of the Trustees|2 – 3|
|Independent Examiner’s Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes forming part of the financial statements|7 - 10|
**GOODWOOD COMMUNITY & EDUCATION CENTRE LEGAL AND ADMINISTRATIVE INFORMATION**
## **CHARITY TRUSTEES**
Mr Ibrahim Mogra Mr Suleman Chachia Mr Mohammed Najeeb Patel Mr Liyaquat Ali Hafej Mohamed Laher Mr Mohammed Karolia Mr Ahmed Lorgat
**REGISTERED OFFICE** 60 Gamel Road Leicester Leicestershire LES 6TB
**REGISTERED CHARITY NUMBER** 1130884 **HMRC (CHARITIES) NUMBER** XT20901 **INDEPENDENT EXAMINER** Yusuf Ghumra Chartered Accountant 45 Broadway Road Leicester LE5 5TB
**BANKERS**
Rayan Bank 94A London Road Leicester LE2 OQW
Page 1
**GOODWOOD COMMUNITY & EDUCATION CENTRE REPORT OF THE TRUSTEES**
The Charity Trustees submit their annual report and accounts for the period ended 31[st] March 2021.
## **Governing document and constitution**
The charity is an unincorporated organisation formed by adoption of a trust deed dated 1 May 2009 as amended on 10 December 2011. The charity is registered as a Charity with Charity Commission for England and Wales with effect from 31 July 2009.
## **Charity Trustees**
The first trustees were appointed by the trust deed and hold office for life. Additional trustees are appointed for a term by the then trustees by a resolution passed at a meeting.
Trustee who served during the year are shown on page1.
## **Governance**
The charity is governed by trustees, who are responsible for the effective management of the organisation.
Meetings are held on a regular basis.
## **Objects of the Charity**
The principal objects of the charity are:
- To advance the education of the public in particular, but not exclusively, by the provision of community learning programmes, classes, seminars and functions;
- To advance the religion of Islam, by means of, but not exclusively, promoting the teachings and tenets of Islam, in accordance with the Hanafi school of thought, provision of facilities for worship, and provision of facilities for Islamic education;
- To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship, social circumstances, or other disadvantage with the object of improving their conditions of life; and
- To promote any other charitable purpose for the benefit of muslims and the general public that the trustees from time to time may determine.
## **Activities report**
In planning activities the trustees kept in mind the Charity Commissioner’s guidance on public benefit at the meetings.
The charity has established and runs subsidised after school classes for children to learn Islamic tenets to develop a better understanding of the Islam. The education is imparted systemically to ensure children at different stages of learning attain appropriate benefit. The classes are attended by children who live in the neighbourhood of the charity.
The charity has established a regular five time prayer facility led by an Imam for all people to participate in. These prayers are well attended by families who live in the neighbourhood of the charity.
Page 2
## **GOODWOOD COMMUNITY & EDUCATION CENTRE REPORT OF THE TRUSTEES**
## **(CONTINUED)**
## **Volunteers**
On many occasions the Association involves volunteers in the delivery of its activities. We have a full range of policies and procedures operating to ensure this involvement is successful and beneficial to all parties.
## **Risk Management**
The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of controls over key financial systems, will provide sufficient resources in the event of adverse conditions.
## **Reserves**
It is the policy of the charity to maintain unrestricted funds at a level in excess of annual unrestricted management and administration expenditure. Unrestricted funds are maintained at least at this level throughout the year.
Approved by the Charity Trustees on **14 January 2022** and signed on their behalf:
## **Mohammed Najeeb Patel Honorary Chairman**
Page 3
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF GOODWOOD COMMUNITY & EDUCATION CENTRE**
I report on the accounts of Goodwood Community & Education Centre for the year ended 31 March 2021 which are set out on pages 5 to 10.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison 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 matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In the course of my examination, no matter has come to my attention:
- 1 which gives me reasonable cause to believe that, in any material respect, the requirements:
- proper accounting records are kept in accordance with section 130 of the 2011 Act; and
- accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act;
have not been met; or
- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Yusuf Ghumra BSc FCA 45 Broadway Road Leicester Chartered Accountant LE5 5TB 14 January 2022**
Page 4
## **GOODWOOD COMMUNITY & EDUCATION CENTRE STATEMENT OF FINANCIAL ACTIVITIES AS AT 31 MARCH 2021**
|**Incoming Resources**
Voluntary income
Donations
2
Incoming resources from charitable
activities
Investment income
**Total incoming resources**
**Resources expended**
Costs of activities in furtherance of
charitable objects
3
Premises costs
3
Management and administration
3
**Total resources expended**
**Net incoming resources**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
154,947
60,338
-
215,285
122,324
57,518
15,694
195,536
19,749
2,226,813
2,246,562|**Restricted**
**funds**
**£**
-
-
-
-
-
-
-
-
-
-
-|**2021**
**Total**
**£**
154,947
60,338
-
215,285
122,324
57,518
15,694
195,536
19,749
2,226,813
2,246,562|**2020**
**Total**
**£**
186,186
53,186
-|
|---|---|---|---|---|
|||||
239,372|
|||||84,179
57,936
29,691|
|||||
171,806|
|||||
67,566
2,159,247|
|||||
2,226,813|
Page 5
## **GOODWOOD COMMUNITY & EDUCATION CENTRE BALANCE SHEET AS AT 31 MARCH 2021**
|**Note**
**FIXED ASSETS**
Tangible assets
6
**CURRENT ASSETS**
Debtors
7
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
9
**NET ASSETS**
**INCOME FUNDS**
Restricted funds
Unrestricted funds|**Unrestricted**
**funds**
**£**
2,441,527
-
89,088
89,088
(61,653)
27,435
2,468,962
(222,400)
2,246,562
-
2,246,562
2,246,562|**Restricted**
**funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-|**2021**
**Total**
**£**
2,441,527
-
89,088
89,088
(61,653)
27,435
2,468,962
(222,400)
2,246,562
-
2,246,562
2,246,562|**2020**
**Total**
**£**
2,389,156|
|---|---|---|---|---|
|||||
-
29,177|
|||||
29,177
(24,120)|
|||||
5,057|
|||||
2,394,213
(167,400)|
|||||
2,226,813|
|||||
-
2,226,813|
|||||
2,226,813|
Approved by the Board of the Charity Trustees on **14 January 2022** and signed on their behalf:
**Mohammed Najeeb Patel Honorary Chairman**
Page 6
## **GOODWOOD COMMUNITY & EDUCATION CENTRE NOTES TO THE ACCOUNTS AS AT 31 MARCH 2021**
## **1. Accounting policies Accounting convention**
The charity constitutes a public benefit entity as defined by FRS 102.
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 Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2020) (SORP),
- the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102),
- the Charities Act 2011,
- and UK Generally Accepted Practice as it applies from 1 January 2015.
## **Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees’ Annual Report.
## **Resources expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
Page 7
## **GOODWOOD COMMUNITY & EDUCATION CENTRE NOTES TO THE ACCOUNTS AS AT 31 MARCH 2021**
## **(CONTINUED)**
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold land None Freehold buildings 2% on cost Fixtures and fittings 20% on cost
## **2. Voluntary income**
|**Voluntary income**|||
|---|---|---|
||**2021**|**2020**|
||**£**|**£**|
|Donations from individuals|154,947|186,186|
## **6. Analysis of resources expended**
|**Costs of activities in furtherance of charitable**
**objects**
Employment costs
Gross wages and salaries
Employer’s national insurance
Pension
Supply staff
Charitable donations
**Premises costs**
General and water rates
Utilities
Building insurance
Depreciation – fixtures and fittings
**Management and administration**
Miscellaneous
Legal and professional fees|**2021**
**£**
109,602
2,696
881
8,145
1,000
122,324
1,355
9,949
3,365
42,849
57,518
13,714
1,980
15,694|
**2020**
**£**
75,639
-
540
-
8,000|
|---|---|---|
|||
84,179|
|||
1,469
12,118
3,404
40,945|
|||
57,936|
|||
23,158
6,533|
|||29,691|
Page 8
## **GOODWOOD COMMUNITY & EDUCATION CENTRE NOTES TO THE ACCOUNTS AS AT 31 MARCH 2021**
## **(CONTINUED)**
## **4. Employees**
|Number of employees in the year
Activities in furtherance of charitable objects
No employee received remuneration of more than £60,000.|**2021**
**£**
**Number**
15
15|**2020**
**£**
**Number**
12|
|---|---|---|
|||12|
||||
## **5. Trustees and related parties**
## **Trustee expenses and remuneration**
|**2021**
Number of trustees who were paid expenses
None
Total amount paid
Nil
Trustees’ Remuneration
Nil
**Material interest of the trustees**
No trustee had a material interest in any contracts during the year (2020: None).|**2020**
None|
|---|---|
||Nil|
||Nil|
|||
## **6. Tangible fixed assets**
|_Cost_
At 1 April 2020
Additions
Disposal adjustment
At 31 March 2021
_Depreciation_
At 1 April 2020
Charge/(credit) for the year
Disposal adjustment
At 31 March 2021
_Net book value_
At 31 March 2021
At 31 March 2020|**Freehold**
**property**
**£**
2,524,122
95,220
2,619,342
134,966
42,849
177,815
2,441,527
2,389,156|**Fixtures and**
**fittings**
**£**
4,200
-
(4,200)
-
4,200
-
(4,200)
-
-
-|**Total**
**£**
2,528,322
95,220
(4,200)|
|---|---|---|---|
||||2,619,342|
||||139,166
42,849
(4,200)|
||||177,815|
||||2,441,527|
||||2,389,156|
Page 9
## **GOODWOOD COMMUNITY & EDUCATION CENTRE NOTES TO THE ACCOUNTS AS AT 31 MARCH 2021**
## **(CONTINUED)**
## **7. Debtors**
|**7.**
**Debtors**|||
|---|---|---|
|Other debtors
**8.**
**Creditors: amounts falling due after within one year**
Other taxes and social security
Other creditors
**9.**
**Creditors: amounts falling due after more than one year**
Other Creditors
Other Creditors - Loans from individuals|**2021**
**£**
-
-
**2021**
**£**
2,726
58,927
61,653
**2021**
**£**
-
222,400
222,400|**2020**
**£**
-|
|||-|
|||**2020**
**£**
-
24,120|
|||24,120|
|||**2020**
**£**
-
167,400|
|||167,400|
Page 10