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|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|
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|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|||||
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|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|
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||||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|
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|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||
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|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|
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|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|||
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