2023-03-31-accounts

CONTENTS			PAGE
Trustees Annual Report			3-5
Independent	examiner's report to the members
Statement of	financial activities
(incorporating	the income and expenditure	account)
Balance sheet
Notes to the financial statements			9-12

Registered charity	name	GHANA MUSLIM WELFARE CENTRE	GHANA MUSLIM WELFARE CENTRE
Charity registration	number	1130982
Principal Office		GHANA MUSLIM WELFARE CENTRE
		1 LAWRENCE YARD
		LAWRENCE	ROAD
		LONDON
		N15 4EG
THE TRUSTEES
The trustees who served the charity during the period			were as follows:

		Abubakar Suleiman	Abubakar Suleiman	Abubakar Suleiman	(Chairman)	(Chairman)
		Mohammed Haidara
		Salih Baba Toure
		Ibrahim Abdulkadir
		Abdul Wa hid	Hussaini
		Ahmed Sanusi
Secretary		Ahmed Mohammed				Saani
Independent	Examiner	ITLAccounting	8 Tax			Services Ltd
		Unit 4 Marbridge		House
		Harold's Road
		Harlow
		Essex
		CM19 SBJ
Accountants		ITLAccounting	&Tax			Services Ltd
		Unit 4 Marbridge		House
		Harold's Road
		Harlow
		Essex
		CM19 SBJ
Bankers		HSBC Bank
		5 Wimbledon	Hill	Road
		Wimbledon
		London
		SW197NF

GHANA MUSLIM WELFARE CENTRE	GHANA MUSLIM WELFARE CENTRE
STATEMENT OF FINANCIAL ACTIVITIES (incorporating an Income and Expenditure Account)
Year ended 31 March 2023
		Unrestricted	Restricted
		Funds	Funds	Total Funds	Total Funds
		2023	2023	2023	2022
		Note
Income and endowments	from:
Donations		47,955	3,138	51,093	83,485
Funds raised - Purchase of	Mosque		175,453	175,453
Total		47,955	178,591	226,546	83,485
Expenditure on:
Charitable activities		(37,774)	(5,882)	(43,656)	(40,571)
TOTAL		(37,774)	(5,882)	(43,656)	(40,571)
NET INCOME/(EXPENDITURE)		10,181	172,709	182,890	42,914
Interest income		4	1,287	1,290
transfers between funds		73,343	73,343
Total Funds brought forward		80,254	109,028	189,282	146,359
TOTAL FUNDS CARRIED
FORWARD		17,095	356,366	373,462	189,282

GHANA MUSLIM WELFARE CENTRE	GHANA MUSLIM WELFARE CENTRE	GHANA MUSLIM WELFARE CENTRE
BALANCE SHEET
As at 31st March 2023
				2023	2022
			Notes
Fixed Assets
Tangible Assets				1,028
Total Fixed Asset				1,028
Current Assets
Debtors
Cash at bank and	in Hand			392,735	189,282
Total Current Assets				392,735	189,282
Liabilities
Creditors amounts		falling due within one year	8	(300)
Net Current assets		or liabilities		392,435	189,282
Creditors amounts		falling due after one year	13	20,000
Total Net Asset or		Liabilities	10	373,462	189,282
Funds
Restricted Funds				356,366	109,028
Unrestricted Funds				17,095	80,254
Total Funds				373,462	189,282

			Unrestricted	Restricted
2	Income	received	Funds	Funds	Total Funds	Total Funds
			2023	2023	2023	2022
	Donations		47,955	178,591	226,546	47,852
	Other income
	Bank interest received		4	1,286.57	1,290
	Total		47,959	179,877	227,836	47,861

3	Expenditure	on Charitable	on Charitable	activities	activities	activities
							Unrestricted	Restricted	Total Funds	Total Funds
							Funds	Funds	2023	2022
	Grant for Community		projects
	Management	and administration				costs	37,774	5,882	43,656	40,571
	Governance	Cost (See Note			4j		300		300.00
							38,074	5,882	43,956	40,571
4	Governance	Cost
								Unrestricted	Total Funds	Total Funds
								Funds	2,023	2,022
	Accountancyfees 8 Trustees'				training			300	300
								300	300

TANGIBLE FIXEDASSETS
	INVESTMENT	FIXTURES &
	ASSETS	FITTINGS	TOTAL
COST
As at01 April 2022
AddiTions		1,370	1,370
Disposals
Revaluation Surplus
At 31 March 2023		1,370	1,370
DEPRECIATION
As at01 April 2022
Charge for year			343
At 31 March 2023		343	343
Net book value
As at01 April 2022
At 31 March 2023		1,028	1,028

8	CREDITORS:	amounts	falling	due	within	one	year
								2021	2022	2023
	Accruals									300
										300

ANALYSIS	OF MOVEMENT	IN UNRESTRICTED	FUNDS
			Balance at	Incoming
		01	April 2022	Resources		Expenditure	Revaluation	31stMarch 2023
							Gain/(Loss)
General Funds			87,429		226,546	(43,656)		270,319
ANALYSIS OF MOVEMENT		IN UNRESTRICTED	FUNDS - Previous year
		01/04/2021		Resources		Expenditure	Revaluation	31stMarch 2022
							Gain/(Loss)
General Funds			146,359		83,485	(40,571)		189,282
ANALYSIS OF NET ASSETSBETWEEN FUNDS
				Net	Current
		Fixed assets			assets	Total
Restricted Income Funds					178,591	178,591
Unrestricted	Income Funds		1,027.50		87,429	88,457
Total Funds			1,027.50		266,020	267,047
ANALYSIS OF NET ASSETSBETWEEN FUNDS			- Previous	year
				Net	Current
		Fixed assets			assets	Total
Restricted Income Funds					109,028	109,028
Unrestricted	Income Funds		967		86,463	87,430
Total Funds			967		195,491	196,458