REGisfERED COMPANY NtQWBER: (WO6357 IEDEland and Wthsl REGISTERED CIIARfTY NiWER: 11.11861 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED JI JANUARY 21123 FOR IA COMPANY irrED B Y GUARANTEEI
| Restricted | ||||||
|---|---|---|---|---|---|---|
| fund | ||||||
| Notes | ||||||
| INCOME ANB ENBOWMENTS FROM | ||||||
| Donations and legacies |
1,679,878 | |||||
| Investment income |
2I | |||||
| Other income | 9,542 | |||||
| 1,679,878 | ||||||
| EXPENB1TURE | ON | |||||
| Raising funds | ||||||
| Charitable activities |
||||||
| Masjid Activities | ||||||
| 38„813 | ||||||
| NET INCOME/(EXPENDITURE) | ||||||
| RECONCILIATION OFFUNBS | ||||||
| TotaI funds brought | forward | 3/19,023 | 2,14l„677 | 5,959,706 | 5,499„037 | |
| TOTAI.FUNBSCA~ FORWARD | 3,799,635 | 3,829@55 | 7,626,190 | 5,959,700 |
| Notes | ||||
|---|---|---|---|---|
| Cask flwvs from operahng activities |
||||
| Cask generated from operations | 443,158 | |||
| Net cash provided by operadng activities |
443,158 | |||
| Cash flows froxn investing | activity | |||
| Purchase oftangible Axed Interest received |
assets | (175,097) | ||
| Net cash used in investing | activities | (175,076) | ||
| Change in cash and cask | equivalents | in | ||
| the reportmg periatl | 268,082 | |||
| Cash and cask equivalents | at the | |||
| begmning ofthe reporting | period | 19„079 |
| Net income | for the reporting | period (as per the Statement ofFinancial | |
|---|---|---|---|
| Activities) | |||
| Adjustments | for: | ||
| Depfeclanon | charges | ||
| Interest received Decrease in creditors |
(21) (17,484) |
||
| 443,158 |
| 2023 | ||||
|---|---|---|---|---|
| f. | ||||
| Deposit account | interest | 8I | ||
| 2023 | ||||
| 2,000 | ||||
| SI,062 | 10,761 | |||
| 10,761 | ||||
| Support | ||||
| Dtrect | costs (see | |||
| Costs | note 6) | Totals | ||
| 25,459 | 2,447 | 27,906 | ||
| Governance | ||||
| Finance | costs | Totals | ||
| RS1s1ng donattons | and legac1es | 954 | '7.939 | gI,062 |
| Masj1dActiViities | 2,447 |
| Annual audtt |
fee |
|---|---|
| Depreciation | - owned assets |
| There were no |
trustees' | expenses | expenses | paid | paid | for the |
year | ended | 31 January | 2023 | nor | for | the | year | ended | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31January 2022. | ||||||||||||||||
| 9. | STAFFCOSTS | |||||||||||||||
| 20 | P2 | |||||||||||||||
| Wages and salaries | 10,661 | |||||||||||||||
| Social security costs | 100 | |||||||||||||||
| 10,761 | ||||||||||||||||
| The average monthly | number ofemployees | during the | year | was as | follows: | |||||||||||
| Employees | ||||||||||||||||
| No employees received emoluments |
in | excess | of860,000. | |||||||||||||
| I6. | COMPARATlVES | FORTHE STATEMENT OFFINANCIAI. | ACTIVITIES | |||||||||||||
| Unrestricted | Total | |||||||||||||||
| fund | funds | |||||||||||||||
| 21 | ||||||||||||||||
| 9,542 | ||||||||||||||||
| EXPENDITURE ON | ||||||||||||||||
| Raising funds | ||||||||||||||||
| Charitable actJvities |
||||||||||||||||
| Masjid Activities | 28,052 | |||||||||||||||
| 38,813 | ||||||||||||||||
| XKTINCOME | ||||||||||||||||
| RKCONCII.IATION OFFUNDS | ||||||||||||||||
| Total funds brought | forward | 3,358,360 | 2,140,677 | 5,499,037 |
| COMPARATIVKS FOR THESTATEMENT OFF | INANCIAL ACTIVITIES | -continuetl | |
|---|---|---|---|
| Unrestricted | Restricted | ||
| fund | fund | ||
| TOTAL FUNDS CARRlKD FOR'WARD | 3,819,023 | 2,140,677 | 5,959,700 |
| Freehold | Computer | ||
| property | equipment | Totals | |
| 5,712~9 | |||
| 1$.29 | 1,5N„SOS | ||
| i/29 | 7,226,064 | ||
| DEPRECIATION | |||
| Charge for year | |||
| At 31January 2022 | 5,712,259 | 5,712,259 | |
| 2022 | |||
| Other creditors | 30,000 | ||
| Accrued expenses | 9,720 | ||
| 39,720 | |||
| At | |||
| 31.1.23 | |||
| Restrfcted funds | |||
| Construction fund |
2„140,677 | 1,679~8 | 3,829,555 |
| Incoming | Rcsoufccs | Movement | ||
|---|---|---|---|---|
| resources | cxpeBded | in funds | ||
| Unrestricted | ftmdh | |||
| General fund | ||||
| Restricted funds | ||||
| Constnlctlon | fund | |||
| TOTAL FUNDS | ||||
| Net | ||||
| movement | At | |||
| ln funds | 31.1.22 | |||
| IJnrestricted | fnlMIS | |||
| General fund | ||||
| Restricted funds | ||||
| Construction | fund | 2,140„677 | ||
| TOTAL FUNDS | 460,663 | 5,959,700 |
| Incoming | Movement | |||
|---|---|---|---|---|
| fcsoufccs | ln fun(ls | |||
| TOTAL | FUNDS | IC38,813) | 460,663 |
| &let | ||||
|---|---|---|---|---|
| movement | At | |||
| in funds | 31.1.23 | |||
| Unrestricted | funds | |||
| General fund | ||||
| Restricted funds | ||||
| Construction | fund | 2,140,677 | 1,679,878 | 3,820,555 |
| TOTAL~8 | 5,499,037 | 2,121,153 | 7,620,190 |
| Itlcotnlng | Resources | Movetnent | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | fiunds | |||
| Genera/ fund |
(149,781) | 441,275 | ||
| Restricted fnnds | ||||
| Construction | fund | 1,679,878 | ||
| 2,270.934 | (149,781) | 2,121,153 |