REGISTERED CHARITY NUMBER: 1134186
Report of the Trustees and Unaudited Financial Statements for The Year Ended 31 December 2020
for SOUTHAMPTON AFGHANI SHIA ASSOCIATION
AccountableUK 31 Bassett Crescent East Southampton SO16 7PD
SOUTHAMPTON AFGHAN SHIA ASSOCIATION
Contents of the Financial Statements for the Year Ended 31 December 2020
| Page | |
|---|---|
| Report of the Trustees | I - 4 |
| Independent Examiner's Report | 5 - 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 - 9 |
| Notes to the Financial Statements | 10 - 13 |
| Detailed Statement of Financial Activities | 14 |
SOUTHAMPTON AFGHANI SIIIA ASSOCIATION
Report of the Trustees for the Year Ended 31 December 2020
The trustees present their report with the financial statements of the Charity for the year ended 31 December 2020. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINSTRATIVE DETAILS Registered Charity number
1134186
Principal address
1 A Howards Grove
Southampton Hampshire SO155PR
Trustees
Mr Mohammed Jawad Fayazi Chairman Baitullah Haidary Secretary Zafir Hussein Naderi Treasurer
Independent Examiner AccountableUK 31 Bassett Crescent East Southampton SO16 7PD
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Organisational structure
The Charity is governed by its constitution and is constituted as a charitable trust. The trustees of the Southampton Afghani Shia Association are the members of the executive committee. They are for the purposes of the constitution, officers of the Charity.
The trustees are responsible for the overall management and control of the Charity and meet regularly to manage its affairs.
Page I
SOUTHAMPTON AFGHANI SHIA ASSOCIATION
Report of the Trustees for the Year Ended 31 December 2020
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and e1rnr.
The managing trustees have assessed the major risks to which the Charity is exposed, the risk that lack of funds will prevent the Charity from achieving its aims and objectives. Since introducing more fundraising events, including schemes such as that of
£1,000 donations from members who can afford it, the Charity has taken appropriate steps in order to ensure that sufficient funds are in place and thereby ensuring the Charity is able to continue its present activities.
OBJECTIVES AND ACTIVITIES
Objectives and aims
-
(]) To promote the benefit of the Afghani community in Southampton and surrounding areas, through:
-
(a) The promotion and advancement of education.
-
(b)The advancement of the Islamic faith for the benefit of the public, in accordance with the tenets and doctrines of the Shia Ithna Asheri Shariah.
-
(c) The relief of poverty, sickness, and distress.
-
(d) To further or benefit the residents of Southampton and the neighborhood, without distinction of gender, sexual orientation, race or political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisation, in a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for the residents.
-
(2) For any other purpose deemed charitable by the law of England and Wales as the trustees shall from time to time determine.
In furtherance of these objects, the trustees shall have power to establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the Charity.
Page 2
SOUTHAMPTON AFGHANI SHIA ASSOCIATION
Report of the Trustees for the Year Ended 31 December 2020
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Trustees consider that the performance of the Charity has been satisfactory and
has been successful in fulfilling its aims and objectives. The Charity has organised events, activities and programme to fulfil its objectives and has ensured that it has used all mediums at its disposal to promote the services provided by the Charity.
The Charity has organised several activities including:
a) Providing information services for its members and directing them to the appropriate authorities.
b) Having a football team which provides a leisure time activity for the members.
c) Informing members of training and education opportunities in the city to improve their knowledge and skills.
-
d) Having a Religious School to teach children.
-
e) Carried out Quran classes for children via Zoom meeting during the Covid-19 Pandemic.
FINANCIAL REVIEW
Principal funding sources
The association receives subscriptions as well as raising funds at different events. Since November 2007, a membership fee of £20 per month has been collected. There are over 100 members who pay regular membership fees.
The association also raises funds of £1,000 per member or family for those who can afford it. Local businesses have promised to support the Charity financially.
In the future, the association will carry on fundraising and will also apply for grants in order to fund the activities.
Property Purchase
It has been an aim of the Charity to be able to conduct its activities from its own premises. During June 2011, the Charity successfully purchased the property at 1A Howards Grove, Southampton. This has enabled the Charity to conduct its operations and activities from the centre and provide it with a recognisable identity.
Page 3
SOUTHAMPTON AFGHANI SHIA ASSOCIATION
Report of the Trustees for the Year Ended 31 December 2020
FUTURE DEVELOPMENTS
Due to a lack of funds the Charity has not been able to arrange the following activities, but plans to do so in the future:
-
a) Providing information to members through group discussions and presentations about life in the United Kingdom and to educate them about the culture, rules and regulations in this country.
-
b) Arranging English classes in order to teach the members to read, write and speak English and to learn about the local culture, communicate with other members of the community and integrate in the society that they live in.
-
c) Printing leaflets and arranging presentations to provide awareness about the use of banned drugs.
ON BEHALF OF THE BOARD:
Mohammad Jawad Fayazi – Chairman
Page 4
Independent Examiner's Report to the Trustees of SOUTHAMPTON AFGHANI SHIA ASSOCIATION
I report on the accounts for the year ended 31 December 2020 set out on pages seven to thirteen.
Respective responsibilities of trustees and examiner
The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year (under Section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an independent examination is required.
It is my responsibility to:
- a) examine the accounts under Section 43 of the 1993 Act
b) to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 43(7)(b) of the 1993 Act); and
- c) to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
-
(a) to keep accounting records in accordance with Section 41 of the 1993 Act: and
-
(b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 1993 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Page 5
Independent Examiner's Report to the Trustees of SOUTHAMPTON AFGHANI SHIA ASSOCIATION
Kamal Miah AccountableUK 31 Bassett Crescent East Southampton SO16 7PD
Page 6
SOUTHAMPTON AFGHANI SHIA ASSOCIATION
Statement of Financial Activities
for the Year Ended 31 December 2020
| Unrestricted Restricted 31.12.20 Total 31.12.19 Total funds funds funds funds Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary income 48,468 Investment income 2 48,468 51,754 |
Unrestricted Restricted 31.12.20 Total 31.12.19 Total funds funds funds funds Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary income 48,468 Investment income 2 48,468 51,754 |
Unrestricted Restricted 31.12.20 Total 31.12.19 Total funds funds funds funds Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary income 48,468 Investment income 2 48,468 51,754 |
Unrestricted Restricted 31.12.20 Total 31.12.19 Total funds funds funds funds Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary income 48,468 Investment income 2 48,468 51,754 |
Unrestricted Restricted 31.12.20 Total 31.12.19 Total funds funds funds funds Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary income 48,468 Investment income 2 48,468 51,754 |
|---|---|---|---|---|
| Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary income Investment income 2 |
funds 48,468 |
|||
| Total incoming resources RESOURCES EXPENDED Other resources expended |
48,468 10,912 |
48,468 48,468 |
51,754 18,005 |
|
| NET INCOMING/(OUTGOING) RESOURCES RECONCILIATION OF FUNDS Total funds brought forward |
37,556 506,905 |
(2,151) | 37,556 504,754 |
33,749 471,005 |
| TOTAL FUNDS CARRIED FORWARD | 544,461 | (2,151) | 542,311 | 504,754 |
The notes form part of these financial statements
Page 7
SOUTHAMPTON AFGHANI SHIA ASSOCIATION
Balance Sheet At 31 December 2020
| Notes FIXED ASSETS Tangible assets 4 CURRENT ASSETS Debtors 5 Cash at bank and in hand CREDITORS Amounts falling due within one year 6 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than 7 one year NET ASSETS FUNDS 9 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted funds f Restricted funds f 524,662 710 125,880 |
31.12.20 Total funds f 31.12.19 Total funds f 524,662 524,662 710 710 125,880 93,124 |
|---|---|---|
| 126,590 (22,778) |
126,590 93,834 (22,778) (22,778) |
|
| 103,812 | 103,812 71,056 |
|
| 628,474 (86,162) |
628,474 575,718 (86,162) (90,963) |
|
| 542,311 | 542,311 504,754 |
|
| (2,151) (2,151) 544,461 506,905 |
||
| 542,311 504,754 |
The notes form part of these financial statements
Page 8
SOUTHAMPTON AFGHANI SHIA ASSOCIATION
Balance Sheet - continued
At 31 December 2020
The financial statements were approved by the Board of Trustees on 22nd April 2021 and were signed on its behalf by:
Mohammad Jawad Fayazi - Chairman
Baitullah Haidary- Secretary
Zafir Hussein Naderi
- Treasurer
The notes form part of these financial statements
Page 9
1
SOUTHAMPTON AFGHANI SHIA ASSOCIATION
Notes to the Financial Statements
for the Year Ended 31 December 2020
ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 1993 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The Charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
INVESTMENT INCOME
| 31.12.20 | 31.12.20 |
|---|---|
| £ | £ |
Deposit account interest
2
Page 10
3 TRUSTEES' REMUNERATION AND BENEFITS
SOUTHAMPTON AFGHANI SHIA ASSOCIATION
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
Trustees' Expenses
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
- 4
TANGIBLE FIXED ASSETS
| COST Additions NET BOOK VALUE At 31 December 2020 At 31 December 2019 5 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 6 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Bank loans and overdrafts Other creditors |
Freehold property £ 524,662 0 524,662 524,662 31.12.20 31.12.19 £ £ 710 710 |
|
|---|---|---|
| 710 710 31.12.20 £ 31.12.19 £ 0 0 |
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14,987
0.00
SOUTHAMPTON AFGHANI SHIA ASSOCIATION
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
Page 12
7
8
9
SOUTHAMPTON AFGHANI SHIA ASSOCIATION
Notes to the Financial Statements - continued
for the Year Ended 31 December 2020
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
| 31.12.20 | 31.12.19 | |
|---|---|---|
| £ | £ | |
| Amounts falling due in more than five years: | ||
| Repayable by instalments: | ||
| Loan | 86,162 | 90,963 |
SECURED DEBTS
The following secured debts are included within creditors:
| 31.12.20 | 31.12.19 | |
|---|---|---|
| £ | £ | |
| Other loans | 86,162 | 90,963 |
During the period there were secured debts totaling £86,162, This bank loan has a first legal charge over the freehold property at IA Howards Grove, Shirley, Southampton, SO15 5PR.
| MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Hiwcfgrassroots (Football) TOTAL FUNDS |
Net movements At l.l.20 in funds At 31.12.20 £ £ £ 506,905 37,556 544,461 (2,151) (2,151) |
|---|---|
| 504,754 37,556 542,311 |
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SOUTHAMPTON AFGHANI SHIA ASSOCIATION
Notes to the Financial Statements - continued
for the Year Ended 31 December 2020
9 MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 48,468 | (10,912) | 37,556 |
| Restricted funds | |||
| Hiwcfgrassroots (Football) | |||
| TOTAL FUNDS | 48,468 | (10,912) | 37,556 |
Page 14
SOUTHAMPTON AFGHANI SHIA ASSOCIATION
Detailed Statement of Financial Activities for the Year Ended 31 December 2020
| INCOMING RESOURCES Voluntary income Donations Local Authority Grant Membership fees Investment income Deposit account interest Total incoming resources RESOURCES EXPENDED Support costs Finance Catering supplies Heat and light Repairs and renewals Printing, postage&stationery Telephone Accountancy Legal&professional fees Other Rates and water Insurance Motor expenses Travel&subsistence Legal Fees Postage, Packaging&Stationary Bank charges Bank loan interest Sundries Total resources expended Net income |
31.12.20 31.12.19 £ £ 48,468 51,734 48,468 51,734 48,468 51,734 4,471 620 382 457 3,288 133 1,210 8,141 1,981 2,230 1,210 1,124 6,509 6,509 9,701 9,863 10,911 18,005 |
31.12.20 31.12.19 £ £ 48,468 51,734 48,468 51,734 48,468 51,734 4,471 620 382 457 3,288 133 1,210 8,141 1,981 2,230 1,210 1,124 6,509 6,509 9,701 9,863 10,911 18,005 |
|---|---|---|
| 37,556 33,730 |
This page does not follow of the statutory financial statements Page 14