2023-10-31-accounts - North West Islamic Cultural Centre

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

NORTH WEST ISLAMIC CULTURAL CENTRE

Accounts & Reports For the year ended 31 October 2023

NORTH WEST ISLAMIC CULTURAL CENTRE

Contents For the year ended 31 October 2023

Page

Legal and administrative information	1
Trustees’ report	2-4
Independent examiner’s report	5
Statement of financial activities	6
Balance sheet	7
Notes to the accounts	8-9

NORTH WEST ISLAMIC CULTURAL CENTRE

Legal Information

	For the year ended 31 October 2023	For the year ended 31 October 2023
Status:	The organisation is a charity registered		with the Charities
	Commission in England & Wales.
Charity number:	1132594
Registered Office &Headquarter
Business Address:
	78 Cricklewood Broadway
	London
	NW2 3EP
	ruunki.uk/Ruudi1@aol.com
Trustees:	Abdighani Sh. Fidow	-	Chair
	Abdikarim A. Abdulle	-	Treasurer
	Abdirahim Abdillahi Nuur	-	Secretary
	Abdulkadir M. Hersi	-	Member
	Duuh I. Jibril	-	Member
Bankers:	C-O- Barclays Bank PLC
	Barclays Bank
	Leicester
	LE87 2BB
Accountants:	Issa Associates
	Chartered Certified Accountants
	40a Maygrove Road
	London NW6 2EB

NORTH WEST ISLAMIC CULTURAL CENTRE

Trustees Report

For the year ended 31 October 2023

Objective

The objectives of North West Islamic Cultural Centre (NWICC) are:

A. To advance education of the public in all aspects of Somali history and culture.
B. The advancement of religion and education in accordance with the tenets and doctrines of Islam, particularly but not exclusively amongst Somalis living in and around London area, including the establishment of a place of worship.
C. To advance the education of the Somali children in North West London by providing and assisting in the provision of facilities for education.
D. Any charitable purpose in the interests of the Somalis in the UK.

Legal structure

The organisation is a charitable unincorporated association.

Financial statements

The trustees submit their trustees’ report and financial statements for the year ended 31 October 2023.

Policies:

Reserve policy:

The charity currently operates with minimal reserves. The trustees are endeavouring to build up its donor base with a view to having reserves equal to 6 months operating expenditure.

Risk(s) review:

The trustees have recently reviewed the major risks faced by the association. This has resulted in efforts to get funds to reimburse volunteers, meet core costs and increase association’s donor base.

Trustees Responsibilities

The trustees are responsible for keeping proper accounting records which disclose at any time the financial position of the charity and enable them to ensure that the financial statements comply with the relevant regulations.

The trustees oversee preparation of financial statements, select suitable accounting policies and make judgments and estimates that are reasonable and prudent to give the true state of affairs of the charity.

Trustees are also responsible for safeguarding the assets of the charity. They are elected and replaced as set out in the constitution.

NORTH WEST ISLAMIC CULTURAL CENTRE

Trustees Report (Continues)

For the year ended 31 October 2023

Activities and Achievements

The charity is managed by 5 elected trustee members, and is staffed by 6 volunteers. The office is open from Mondays & Fridays and Saturdays from 12pm- 8pm.

The core of the charity’s work is undertaking projects which cater for the pastoral needs of the residents in Brent, Camden & Barnet and its key priorities are empowering mainstream voices and building its capacity as an institution so as to help its members and to contribute towards enhancing stronger community cohesion in the borough, which is achieved by providing the below mentioned projects.

Madrasah (Islamic school); NWICC runs madrasah classes for young Muslims between the ages of 6 and 18. The classes are conducted on Saturdays and Sundays from 9 to 12, and from 14.00 to 17.00. During weekdays, classes are conducted on Mondays and Tuesdays from 17.00 to 20.00. All madrasah teachers are CRB checked. The madrasah also holds regular workshops for teachers on good practice, child protection, and working with young people. Also, we hold regular meetings with parents and celebrate pupils’ achievements at the centre.

NWICC Muslim Women Project: Women can be a particularly effective voice as they are the heart not only of their communities but also of their families. In this case, Women in Brent Camden & Barnet have been at the forefront of establishing the NWICC and the realisation of this project has strengthened their role in the community. NWICC has increased their visibility and empowered them to become informed and active citizens within their society.

Celebrations: NWICC successfully organized two major Islamic celebrations Eidul-Fitr and EidulAdha and prayers were held at the centre. Many people broke their fast at the centre during Ramadan and this was made possible by the Muslim community in Brent, Camden & Barnet who prepared and delivered Iftar (food) to the centre. This gathering during the Ramadan gave people an opportunity to acquaintance each other and unify the community.

Community Cohesion : NWICC believes in community cohesion and encourages positive relationships between different groups and promotion of common civic values. The centre aims is to facilitate the building of relationships and partnerships between agencies to address community cohesion and conflict. It also aims to run projects to reduce inter-ethnic community conflict in highrisk areas, undertake conflict resolution/prevention work where tensions are identified in Brent, Camden & Barnet. NWICC is on course to implementing good governance practice to help achieve its full potential and expand the services it currently provides to meet the changing needs of the congregation and target audience.

Way forward: NWICC is building its organisational capacity so as to fulfil its mission and realise its vision and enable its members to take an active role in their communities and to contribute to the overall wellbeing. NWICC is taking initiatives to address the community overarching needs and it is also forming partnership with service providers that invest in community work and well-being. The board of trustees would like to thank the community for support and generosity. The centre is planning to move to a bigger place in the near future dues to local demand.

Tuition: NWICC has also been planning to run a tuition project that will aim to improve the educational achievement for young people at Key Stages 3 & 4 with emphasis on core subjects; Maths, English, Science and ICT will be taught during Wednesdays and Thursdays from 6pm-8pm. The project will be run by volunteers.

NORTH WEST ISLAMIC CULTURAL CENTRE

Trustees Report (Continues)

For the year ended 31 October 2023

Funding

The charity was funded by members of the local Muslim community.

This report was approved by the board and signed on its behalf by:

............................. Chair Abdighani S. Fidow

Date: 03 February 2025

NORTH WEST ISLAMIC CULTURAL CENTRE

Independent Examiners Report

For the year ended 31 October 2023

I have examined the accounts on pages 6 to 7, which have been prepared on the basis of accruals.

Respective responsibilities of trustees and examiner

The trustees of the charity are responsible for the preparation of accounts; we consider that the audit requirement under section 43(2) of the Charities Act 1993 does not apply. It is my responsibility to examine the accounts, without performing an audit, and to report to trustees.

Basis of independent examiner’s report

This report is in respect of an examination carried out under section 43 of the Charities Act 1993 and in accordance with the directions given by the charity commissioners under section 43(7)(b). An examination includes a review of the accounting records kept by the charity trustees and a comparison of the accounts presented with those records. It also includes a review of the accounts and making such enquiries as are necessary for the purpose of this report. The procedures undertaken do not constitute an audit.

Independent examiner’s statement

Based on my examination, no matter has come to attention which gives me reasonable cause to believe that in any material respect accounting records for the year ended 31 October 2023 have not been in accordance with section 41 of the Charities Act 1993, or that the accounts presented do not accord with those records or comply with the accounting requirements of the Charities Act 1993. No matter has come to my attention in connection with my examination to which, in my opinion, attention should be drawn to enable a proper understating of the accounts to be reached.

Issa Associates

Issa Associates Chartered Certified Accountants 40a Maygrove Road London NW6 2EB

Date: 03 February 2025

NORTH WEST ISLAMIC CULTURAL CENTRE

Statement of Financial Activities

For the year ended 31 October 2023

Income Grants and Donations Expenditure Rent, room hire & rates Wages and salaries Light & heat Legal & professional Postage, packaging and stionery Telephone, fax and Internet Bank charges Total expenditure Fund balance for the year Balance brought forward Balance carried forward	Restricted £ 50,332 50,332 20,435 22,976 4,677 400 328 347 25 49,187 1,145 53,764 54,909	2022 Total funds Total funds £ £ 50,332 35,136 50,332 35,136 20,435 18,563 22,976 19,248 4,677 302 400 5,680 328 308 347 500 25 40 49,187 44,641 1,145 (9,505) 53,764 63,269 54,909 53,764 2023

NORTH WEST ISLAMIC CULTURAL CENTRE

Balance Sheet

For the year ended 31 October 2023

Notes Fixed Assets: Tangible 3 Current Assets: Cash at bank and in hand Current liabilities payable within 1 year: Creditors and accruals 4 Net Current Assets Total Assets less current liabilities Funds: Restricted funds	£ £ £ £ - - 55,209 54,064 55,209 54,064 (300) (300) 54,909 53,764 54,909 53,764 54,909 53,764 54,909 53,764 2023 2022

The statement of financial activities as set out on page 5 for the financial year ending 31 October 2023, and the statement of assets and liabilities as set out on this page are as approved by the trustees on 03 February 2025.

Chair Abdighani S. Fidow

NORTH WEST ISLAMIC CULTURAL CENTRE

Notes to the Accounts

For the year ended 31 October 2023

1 Basis of accounting

The financial statements have been prepared under the historical cost convention, and have been prepared in accordance with Statement of Recommended Practice (SORP 2015), "Accounting and Reporting by Charities" and applicable accounting standards.

2 Accounting Policies

A summary of the principal accounting policies, all of which have been applied consistently throughout the year is set out below.

2.1 Income and expenditure

All income and expenditure is accounted for on receipt and payment basis.

2.2 Fund Accounting

General funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are funds subject to specific restrictive conditions imposed by donors.

2.2 Tangible Fixed assets and Depreciation

Tangible fixed assets are stated at cost.

Provision for depreciation of fixed assets held for use by the charity is made at an annual rate of 25% on straight line basis.

2.3 Charity status

The charity is registered with the Charities Commission in England & Wales.

NORTH WEST ISLAMIC CULTURAL CENTRE

Notes to the Accounts

For the year ended 31 October 2023

3	Tangible Fixed Assets
		Office	Total
		equipment
	Costs	£	£
	At 1 November 2022	-	-
	Additions during the year	-	-
	At 31 October 2023	-	-
	Depreciation
	At 1 November 2022	-	-
	Charge for the year	-	-
	At 31 October 2023	-	-
	Net Book value
	At 31 October 2023	-	-
	At 31 October 2022	-	-
4	Creditors: Amount falling due within one year	2023	2022
		£	£
	Accruals	300	300
		300	300