2022-12-31-accounts - Chadwell Heath Muslim Centre

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Registered number 07087012

CHADWELL HEATH MUSLIM CENTRE LTD

Report and Accounts

31 December 2022

CHADWELL HEATH MUSLIM CENTRE LTD Report and accounts Contents

	Page
Trustees and Advisors	1
Trustees' report	2
Accountants' report	3
Income and Expenditure account	4
Balance sheet	5
Notes to the accounts	6

CHADWELL HEATH MUSLIM CENTRE LTD Company Information

Trustee's & Directors

Mohammad Akhtar Hussain (Chairperson) Mahmudul Haque Shafi (Secretary) Furad Miah (Treasurer) Arif Khan Mazidur Rahman

Accountants

Capstone Accountants Unit-G.05 93-101 Greenfield Road London E1 1EJ

Registered office

1041-1043 High Road Chadwell Heath Romford Essex RM6 4AU

Registered number

07087012

Charity Registered number

1137176

CHADWELL HEATH MUSLIM CENTRE LTD Registered number: 07087012 Trustee's/Directors' Report

The board of trustee's/Director's have pleasure in submitting report together with the financial statements for the year ended 31 December 2022. The financial statement has been prepared using the accounting policies set out in note 1 to the financial statements and comply with the charity’s recommended practice “SORP 2005” issued by the charity commission.

Trustee's/Directors

The following persons served as directors during the year:

Mohammad Akhtar Hussain (Chairperson) Mahmudul Haque Shafi (Secretary) Furad Miah (Treasurer) Arif Khan Mazidur Rahman

Aims and Objective:

Advanced education of the general public by provision of a bookshop/ Library.
To provide after school and weekend tuition.
Evening classes.
Foster better community relations through dialogue and seminars.
Draw on the talents and skills of individuals to meet challenge of living as responsible citizens.
Recreational and leisure activities.

Structure, Governance and Management:

The board of trustee's is the charity's governing body and is responsible for overall strategic direction and performance of the charity. The board has finance responsible person designated as board treasure who is responsible for all finance related Income and expenditure. As part of the board accountability and Transparency policy they change chair, secretary and Treasurer. The board has nominated responsible person for the next five years. Board has set up management committee as a volunteer and they are responsible for overall day to day management but they don't have any voting right.

Statement of Trustee's Responsibility:

• Company laws requires the Trustees to prepare financial statements for eachfinancial year that gives a true and fair view of the state of affairs of the company and of the incoming resources expended, including net income of the company for the year. In preparing those financial statements, the Trustee's are required to

Select suitable accounting policies and then apply them consistently.
Make judgements and estimates that are reasonable and prudent.

• State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.

Prepare financial statement as on ongoing basis.

Mohammad Akhtar Hussain Chairperson and trustee

Mahmudul Haque Shafi Secretary and Trustee

CHADWELL HEATH MUSLIM CENTRE LTD Accountants' Report

Accountants' report to the directors of CHADWELL HEATH MUSLIM CENTRE LTD

You consider that the company is exempt from an audit for the year ended 31 December 2022. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

Capstone Accountants Unit-G.05 93-101 Greenfield Road London E1 1EJ

25 September 2023

CHADWELL HEATH MUSLIM CENTRE LTD Profit and Loss Account for the year ended 31 December 2022

Incoming Resources Donations Gift Aid Other Income -Maktab CJRS Grant Local Council Support Rental Income Total Incoming Resources Resource expended Profit Net Surplus/(Deficit) for the year	Unrestricted funds 31,212 9,191 14,150 - - - 51,335 (39,568) 11,767	Restricted funds - - - - - - - - -	2022 £ 27,994 9,191 14,150 - - - 51,335 (39,568) 11,767	2021 £ 31,212 - 15,950 1,366 - 3,200 51,728 (35,435) 16,293

CHADWELL HEATH MUSLIM CENTRE LTD Registered number: 07087012 Balance Sheet as at 31 December 2022

Notes Fixed assets Tangible assets 3 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current liabilities Total assets less current liabilities Net assets Funds Other reserve Unrestricted funds Shareholders' funds	2022 £ 329,500 329,500 39,068 39,068 (111,458) (72,390) 257,110 257,110 171,206 85,904 257,110	2021 £ 329,500 329,500 24,992 24,992 (109,149) (84,157) 245,343 245,343 171,206 74,137 245,343

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Mohammad Akhtar Hussain	Furad Miah
Chairperson	Treasurer
Approved by the board on 25 September 2023

CHADWELL HEATH MUSLIM CENTRE LTD Notes to the Accounts for the year ended 31 December 2022

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings	over 50 years
Leasehold land and buildings	over the lease term
Plant and machinery	over 5 years
Fixtures, fittings, tools and equipment	over 5 years

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2 Employees Average number of persons employed by the company 3 Tangible fixed assets Cost At 1 January 2022 At 31 December 2022 Net book value At 31 December 2022 At 31 December 2021 4 Creditors: amounts falling due within one year Taxation and social security costs Other creditors	2022 Number 4 Land and buildings £ 329,500 329,500 329,500 329,500 2022 £ 1,057 110,401 111,458	2021 Number 4 Total £ 329,500 329,500 329,500 329,500 2021 £ 944 108,205 109,149

CHADWELL HEATH MUSLIM CENTRE LTD Detailed Income and Expenditure Account for the year ended 31 December 2022

Incoming Resources Donation and Other Administrative expenses Employee costs: Wages and salaries Premises costs: Rates Water bill Light and heat General administrative expenses: Telephone and fax Bank charges Insurance Event and activities Printing, stationery and other office Software Repairs and maintenance Sundry expenses Legal and professional costs: Accountancy fees Other legal and professional	2022 £ 51,335 51,335 22,849 22,849 697 473 3,138 4,308 417 91 664 503 575 657 1,889 - 4,796 995 6,620 7,615 39,568	2021 £ 51,728 51,728 22,120 22,120 324 566 2,399 3,289 484 - 710 450 150 62 7,179 6 9,041 885 100 985 35,435