| Reference and Administrative Details |
Reference and Administrative Details |
|
|---|---|---|
| Trustees and Directors' | Report | 2to 3 |
| Statement ofTrustees' |
Responsibilities | |
| Independent Ettamtner's |
Report | |
| Statement of Fm an cial |
ActMties | |
| Balance Sheet | ||
| Notes to Ihe Finanoal Statements | 5to 15 |
| Trustees and Directors' Report | Trustees and Directors' Report | Trustees and Directors' Report | ||
|---|---|---|---|---|
| The Trustees, who are Directors for the purposes af company law, present the annual report lagether with statements and auditors' report ofthe charitable company for the year ended 31 January 2021. |
the | finendsl | ||
| Objectives and activities | ||||
| Objects ancf elms |
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| The charity's objective and its principal acfivlty cantlnues to be Ihe establishment religious needs of the Ulluslim community and to provide services to the widw areas. |
of a centre for community services ta fulfil lhe aommunities in Sheffie)d and the surrounding |
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| These senlices include; | ||||
| Torelieve poverty by the provision ofadvice, financial and other assistance to |
those In need, |
hardship ordistress. |
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| -Toadvance education for the public benefit. | ||||
| ~To preserve arid protect good hesfih for the public benefit. |
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| ~ To provide fadli1ies in the Interests of cadet welfare for the recreafion end need. |
afher leisure Iime pursuits af those |
who are in | ||
| The chaniy continues to explore new ways of improving the conditions of individuals. The Trustees meet regularly lo manage its affairs. |
charily is arganised | so | that the | |
| There is I full time consultant directly reporting to the Trustees, the employees chanty and organise fundraising init!abves. New Trustees are only recruited and or a strategic need arises, |
manage the trained when |
day-ta4fay administration a Trustee leaves hislhsr |
ofthe posiTion |
|
| Public benalft | ||||
| The Trustees canfirm that they have complied with the requirements ofsection 17ofthe Chanties Act 2011to have to the public benefit guidance published by lite Charity Commission for England snd Wales. |
due | regard | ||
| Achievements and performance |
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| The Trust had been dased during the lackdawn perfod as per Ihe Government lockdown whibt maintaining the sordal distancing rules at a reduced capsdiy, Inrfiudlng Ihs daily prayers and for Ramadan, |
guidelines. The Trust had re-opensd fofiowing only offering the bare minimum af services |
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| Financial review | ||||
| Duririg Ihe year the Trust raised 533k (2020'. E104k) snd spent 247k (2020: 2326k) on the Islamic Centre. |
207k) on revenue actlvibes end E3Ak |
(2020: | ||
| The total csny farwsrd reserves afthe Trust stood atE5.49m (2020:E5.51m). | ||||
| policy on reserves | ||||
| Restricted Reserves stood stE2.14m (2020:E2.14m) end IJnrestdcted Reserves |
at E3.35m (2020:23.37m). | |||
| The Trustees have considered Ihe level of reserves and found Ihem lo be adequate for meeting the immediate needs ofthe Trust. |
and | future | ||
| Going aoncern | ||||
| The Trustees consider that there sre no material unceriainfiies about Ihe cheritys |
ability to conc | nus as a galng ooncern. |
| (Inciudlng In |
come | and Expenditure | Account snd | Statement ofTotal R | ecognilsed Gain |
s and Losses) | s and Losses) |
|---|---|---|---|---|---|---|---|
| Unrestricted | Total | ||||||
| funds | 2021 | ||||||
| Nate | E | 8. | |||||
| Income and Endowments | fram: | ||||||
| Donations snd legacies Investment income ()Incr Income |
23,045 3 10237 |
23,045 3 10,237 |
|||||
| Total income | 33,285 | 33,285 | |||||
| Expenditure an: | |||||||
| Raising funds Charitable scdvi8es |
5 | (14,840) | (14,840) | ||||
| Total expenditure | ,66 | ||||||
| Net expenditure | |||||||
| Net movement in funds |
(14,099) | (14,099) | |||||
| Reconcglatlan offunds |
|||||||
| Total funds brought | forward | 3372459 | 2 140677 | 5 | 513136 | ||
| Total funds carried | forward | 17 | 3,358,360 | 2,140,677 | 5,499,037 | ||
| IJnA%trictsd | Restricted | TOtal | |||||
| Note | 1rinds 8 |
tunds E |
2020 E |
||||
| Income and Endowments | fram; | ||||||
| Donations and legsdes |
104,057 | 104,067 | |||||
| Total incame | 104,067 | 104,067 | |||||
| Expenditure on: |
|||||||
| Raising tunds Charitable acgvlties Total expenditure |
5 | (34,525) ~6, |
(34,525) ~66. |
||||
| Net Income | 7417 | 7,417 | |||||
| Nel movemenl In funds |
7,417 | 7,417 | |||||
| Reconcilatlon offunds |
|||||||
| Total funds brought | forward | 3,365,042 | 2,140,677 | 5,505,719 | |||
| Tatal funds carried farward | 17 | 3,372,459 | 2,140,677 | 5,513,138 |
| Notes to the | Financi | al Statements for |
the Year Ended | 31January 2021 | ||
|---|---|---|---|---|---|---|
| Balance at 1 February 201S E |
Incoming resources E |
Resources expended E |
Balance at 31 January 2020 E |
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| Unrestricted | funds | |||||
| General | 3,365,042 | 104,067 | (96,650) | 3,372,459 | ||
| Restricted funds | 2,140677 | 2,140,677 | ||||
| Tolal funds | 5505719 | 5,513,136 | ||||
| 15 Analysis | ofnet assets between | funds | ||||
| Unnmlrlcted | ||||||
| funds | ||||||
| Restricted | ||||||
| General | funds | Total funds | ||||
| Tangible lixed Cun'ent assets Current linbilib |
assets as |
3,308,485 19,079 |
E 2,140,677 |
5,537,182 19,079 ~2™ |
||
| Total net assets | 3,358,360 | 2,140,577 | 5,499,037 | |||
| Unrestricted | ||||||
| funds | ||||||
| Restricted | Tobrl funds at | |||||
| General | funds | 31January 2020 |
||||
| Tangible lixed Current assets |
assets | 3,393,070 | E 2,140,677 |
E 5,533,747 |
||
| Current liabiglties |
47,892 | 47,892 | ||||
| Total net assets | 3372459 | 2,140677 | 5.513,136 | |||
| 19 Analysis ofnet funds | ||||||
| At 1 February 2020 |
Financing cash flows |
At 31Jsnusry 2021 |
||||
| Cash at bank and in hand | E | E | E | |||
| 19,079 | ||||||
| Net debt | ||||||
| 19,079 | ||||||
| 20 Related party transacuooe | ||||||
| There were no related parly transactions | in ths | year. |