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||||||||||
|---|---|---|---|---|---|---|---|---|
|Trustees|||Mr Tarik Chowdhry||||||
||||Mr Liaquat Khan||||||
||||Mr Mohammad||Shoaib Oosman||||
||||Mr SohailA. Syed||||(Appointed|16October|
||||||||2021)||
||||Mr Tariq Zaman||||||
||||Mr Mohamed|Ameen||Kalla|||
|Charity|number||1134493||||||
|Company||number|07140350||||||
|Registered||office|Unit 13||||||
||||Watford Metro||Centre||||
||||Dwight Road||||||
||||Watford||||||
||||Herts||||||
||||WD18 9SB||||||
|Auditor|||Reddy Siddiqui||LLP||||
||||183-189The Vale||||||
||||Acton||||||
||||London||||||
||||W3 7RW||||||
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|||Page|
|---|---|---|
|Trustees report||1-2|
|Statement
ofTrustees|responsibilities||
|Independent
auditor's|report|4-6|
|Statement
offinancial|activities||
|Balance sheet|||
|Statement
ofcash flows|||
|Notes to the financial|statements|10-15|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2022|2022||2021|2021|2021|
|||Notes|F|||E|E|E|
|hxamafmm;|||||||||
|Donations
and legacies||3|281,172|1,787,455|2,068,627|47,182|2,590|49,772|
|Charitable
activities||4|185,746||185,746|9,530|3,112|12,642|
|Net income for the year/|||||||||
|Net movement|in funds||95,426|1,787,455|1,882,881|37,652|(522)|37,130|
|Fund balances at 1 February|||||||||
|2021|||601,398|27,628|629,026|563,746|28,150|591,896|
|Fund balances|at 31January||||||||
|2022|||696,824|1,815,083|2,511,907|601,398|27,628|629,026|
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||||2022||2021||
|---|---|---|---|---|---|---|
|||Notes|||||
|Fixed assets|||||||
|Tangible assets||||2,360,184|||
|Current assets|||||||
|Debtors|||960||||
|Cash at bank and in|hand||407,176||634,027||
||||408,136||634,027||
|Creditors: amounts|falling due within||||||
|one year|||(256,413)||{5,001)||
|Net current assets||||151,723||629,026|
|Total assets less current liabilities||||2,511,907||629,026|
|Income funds|||||||
|Restricted funds||||1,815,083||27,828|
|Unrestricted
funds||||696,824||601,398|
|||||2,511,907||629,026|
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|||||2022|2021||
|---|---|---|---|---|---|---|
||||Notes||||
|Cash flows from operating||activities|||||
|Cash generated|from operations||12|2,167,249||42,131|
|Investing
activities|||||||
|Purchase oftangible
fixed assets||||(2,394,100)|||
|Net cash used|in investing|activities||(2,394,100)|||
|Net cash used|in financing|activities|||||
|Net (decrease)/increase
in||cash and|cash||||
|equivalents||||(226,851)||42,131|
|Cash and cash|equivalents|at beginning|of year|634,027||591,896|
|Cash and cash|equivalents|at end of|year|407,176||634,027|
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|||Charitable|Charitable|Total|Charitable||Charitable|Total|
|---|---|---|---|---|---|---|---|---|
|||Expenditure|Expenditure|2022Expenditure|||Expenditure|2021|
|||2022|2022f|E|2021||2021
f||
|Fund Raising Costs|||100,570|100,570|||||
|Centre Maintenance|Costs||12,167|12,167|||||
|Community
Events|||6,390|6,390|||||
|Regular Community|||||||||
|Activities|||19,846|19,846|3,112||7,419|10,531|
|Marketing|||856|856|||137|137|
|Bank charges|||882|882|||||
|General Expenses|||533|533|||556|556|
|Legal 8 Professional|Fees||||||1,418|1,418|
||||141,244|141,244|3,112||9,530|12,642|
|Share ofsupport costs (see|||||||||
|note 5)||40,902||40,902|||||
|Share ofgovernance|costs||||||||
|(see note 5)||3,600||3,600|||||
|||44,502|141,244|185,746|3,112||9,530|12,642|
|Analysis
by fund|||||||||
|Unrestricted
funds||44,502|141,244|185,746|||9,530|9,530|
|Restricted
funds|||||3,112|||3,112|
|Support costs|||||||||
||||||Support|Governance||2022|
||||||costs||costs||
||||||E||E||
|Depreciation|||||33,916|||33,916|
|Aborted Purchase Costs|||||6,986|||6,986|
|Audit fees|||||||3,600|3,600|
||||||40,902||3,600|44,502|
|Analysed
between|||||||||
|Charitable
activities|||||40,902||3,600|44,502|
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|7|Tangible fix|ed|asset|s||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||Freehold|land|and buildings|
||||||||||||||f|
||Cost|||||||||||||
||Additions||||||||||||2,394,100|
||At 31 January||2022||||||||||2,394,100|
||Depreciation||and impairment|||||||||||
||Depreciation|charged||in|the year||||||||33,916|
||At 31 January||2022||||||||||33,916|
||Carrying
amount|||||||||||||
||At 31 January||2022||||||||||2,360,184|
|8|Debtors|||||||||||||
||Amounts
falling due|||within||one|year:||||2022f||2021
f.|
||Other debtors||||||||||960|||
|9|Creditors: amounts|||falling due|||within|one year||||||
||||||||||||2022||2021|
|||||||||||||E||
||Other creditors||||||||||244,171||5,001|
||Accruals and|deferred||income|||||||12,242|||
||||||||||||256,413||5,001|
|10|Analysis of|net assets|||between||funds|||||||
||||||Unrestricted|||Restricted|Total|Unrestricted|Restricted||Total|
||||||||funds|funds||funds|funds|||
||||||||2022|2022|2022|2021|2021||2021|
|||||||||f.||F||F||
||Fund balances||at 31|||||||||||
||January 2022||are|||||||||||
||represented|by:||||||||||||
||Tangible assets|||||||2,360,184|2,360,184|||||
||Current assets/(liabilities)|||||151,723|||151,723|629,026|||629,026|
|||||||151,723||2,360,184|2,511,907|629,026|||629,026|
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|11|Related party transactions|Related party transactions||||||||
|---|---|---|---|---|---|---|---|---|---|
||There were no disclosable||related||party|transactions|during the year (2021 - none).|||
|12|Cash generated
from|operations||||||2022|2021|
|||||||||E||
||Surplus for the year|||||||1,882,881|37,130|
||Adjustments
for:|||||||||
||Depreciation
and impairment|||oftangible||fixed assets||33,916||
||Movements
in working|capital:||||||||
||(Increase)
in debtors|||||||(960)||
||Increase
in creditors|||||||251,412|5,001|
||Cash generated
from|operations||||||2,167,249|42,131|