Company Registered number 07087012 Charity Registered number 1137176
CHADWELL HEATH MUSLIM CENTRE LTD
## Report and Accounts
31 December 2024
## **CHADWELL HEATH MUSLIM CENTRE LTD Report and accounts Contents**
||**Page**|
|---|---|
|Company information|1|
|Trusteess' report|2|
|Accountants' report|4|
|Income and Expenditure account|5|
|Balance sheet|6|
|Notes to the accounts|7|
## **CHADWELL HEATH MUSLIM CENTRE LTD Company Information**
## **Directors**
Mohammad Akhtar Hussain Mahmudul Haque Shafi Meynul Haque Asaduz Muhammad Jaman Arif Khan Furad Miah Mazidur Rahman
## **Accountants**
Capstone Accountants Unit G.05 93 - 101 Greenfield Road London E1 1EJ
## **Registered office**
1041-1043 High Road Chadwell Heath Romford RM6 4AU
## **Registered number**
07087012
## **Charity Registered number**
1137176
1
**CHADWELL HEATH MUSLIM CENTRE LTD Registered number: 07087012**
## **Trustee's/Directors' Report**
The directors present their report and accounts for the year ended 31 December 2024.
## **Trustee's/Directors**
The following persons served as directors during the year:
Mohammad Akhtar Hussain Mahmudul Haque Shafi Meynul Haque Asaduz Muhammad Jaman Arif Khan Furad Miah 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'ss' responsibilities**
Trustees responsibilities in relation to the financial statements: The committee or Trustees are required by charity's law to prepare financial statements for each financial year which give a true and fair view of the financial activities of the charity and of its financial the end of that Director
In preparing those financial statements the Trustees are required to:
The Trustees are responsible for preparing the Trustees Annual Report and the Financial Statements in accordance with applicable law and regulations and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the Trustees to prepare Financial Statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.
2
**CHADWELL HEATH MUSLIM CENTRE LTD Registered number: 07087012**
## **Trustee's/Directors' Report**
In preparing these Financial Statements, the Trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities SORP;
- Make judgements and accounting estimates that are reasonable and prudent;
- Prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation
This report was approved by the board on 17 September 2025 and signed on its behalf.
Mohammad Akhtar Hussain Chairperson and trustee
Mahmudul Haque Shafi Secretary and Trustee
3
**CHADWELL HEATH MUSLIM CENTRE LTD Accountants' Report**
## **Accountants' report to the directors of CHADWELL HEATH MUSLIM CENTRE LTD**
We report on the accounts for the year ended 31 December 2024 have been prepared under the historical cost convention and the accounting policies set out in note 1 to the financial statements.
Respective Responsibilities of Trustees and Accountants
The trustees are responsible for the preparation of the financial statements, and they consider that the trust is exempt from an audit. It is our responsibility to carry out procedures designed to enable us to report our opinion to you.
## Basis of Opinion
We conducted our work in accordance with the Statement of Standards for Reporting Accountants, and so our procedures consisted of comparing the accounts with the accounting records kept by the charity, and making such limited enquiries of the trustees and officers as we considered necessaryfor the purpose of this report. These procedures provide only the assurance expressed in our opinion.
Opinion In our opinion:
(a) The accounts are in agreement with the accounting records kept by the charity under the requirements of the Statement of Recommended Practice - Accounting and Reporting by Charities; (b) Having regard only to, and on the basis of, the information contained in those accounts:
(1) The accounts have been drawn up in a manner consistent with the accounting requirements specified the Statement of Recommended Practice - Accounting and Reporting by Charities, and
(2) The charity satisfied the conditions for the exemption from an audit of the accounts for the year specified in the Charities Act.
(3) This unaudited Account we have prepared in accordance with the figure, information and explanation we have received from the management of the current committee.
Capstone Accountants Accountants Unit G.05 93 - 101 Greenfield Road London E1 1EJ
17 September 2025
4
## **CHADWELL HEATH MUSLIM CENTRE LTD Profit and Loss Account for the year ended 31 December 2024**
|Unrestricted
Funds
**Incoming Resources**
Donations
71,849
Gift Aid
6,042
Other Income -Maktab
16,290
**Total Incoming Resources**
94,181
**Resource expended**
(74,337)
**Profit Net Surplus/(deficit) for the year**
19,844|Restricted
funds
-
-
-
-
-
-|**2024**
**£**
71,849
6,042
16,290
94,181
(74,337)
19,844|**2023**
**£**
31,624
5,679
15,250
52,553
(31,409)
21,144|
|---|---|---|---|
5
## **CHADWELL HEATH MUSLIM CENTRE LTD Registered number:** 07087012 **Balance Sheet as at 31 December 2024**
|**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
**Total funds**|**2024**
**£**
421,003
421,003
17,558
17,558
(140,463)
(122,905)
298,098
298,098
171,206
126,892
298,098|**2023**
**£**
329,500
329,500
98,626
98,626
(149,872)
(51,246)
278,254
278,254
171,206
107,048
278,254|
|---|---|---|
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 Director Approved by the board on 17 September 2025
6
## **CHADWELL HEATH MUSLIM CENTRE LTD Statement of Changes in Equity for the year ended 31 December 2024**
|**At 1 January 2023**
Profit for the financial year
Gain on revaluation of land and
buildings
Deferred taxation arising on the
revaluation of land and buildings
Other comprehensive income for the
financial year
Total comprehensive income for the
financial year
Dividends
Shares issued
Shares redeemed
**At 31 December 2023**
Correction of prior year errors
Effect of retrospective changes in
accounting policies
**At 31 December 2023 as restated**
**At 1 January 2024**
Profit for the financial year
Gain on revaluation of land and
buildings
Deferred taxation arising on the
revaluation of land and buildings
Other comprehensive income for the
financial year
Total comprehensive income for the
financial year
Dividends
Shares issued
Shares redeemed
**At 31 December 2024**|**Share**
**capital**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-|**Share**
**premium**
**£**
-
-
-
-
-
-
-
-
-
-
-|**Re-**
**valuation**
**reserve**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-|**Profit**
**and loss**
**account**
**£**
257,110
21,144
-
21,144
-
278,254
-
-
278,254
278,254
19,844
-
19,844
-
298,098|**Total**
**£**
257,110
21,144
-
-
-
21,144
-
-
-
278,254
-
-
278,254
278,254
19,844
-
-
-
19,844
-
-
-
298,098|
|---|---|---|---|---|---|
7
**CHADWELL HEATH MUSLIM CENTRE LTD Notes to the Accounts for the year ended 31 December 2024**
## **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 Leasehold land and buildings
over 50 years over the lease term
## _**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 2024
Additions
At 31 December 2024
**Net book value**
At 31 December 2024
At 31 December 2023
**4**
**Creditors: amounts falling due within one year**
Taxation and social security costs
Other creditors|**2024**
**Number**
3
**Land and**
**buildings**
**£**
329,500
91,503
421,003
421,003
329,500
**2024**
**£**
1,057
139,406
140,463|**2023**
**Number**
4
**Total**
**£**
329,500
91,503
421,003
421,003
329,500
**2023**
**£**
1,057
148,815
149,872|
|---|---|---|
8
## **CHADWELL HEATH MUSLIM CENTRE LTD**
## **Detailed profit and loss account for the year ended 31 December 2024**
_This schedule does not form part of the statutory accounts_
|**Incoming Resources**
Donations
Gift Aid
Other Income -Maktab
**Administrative expenses**
Employee costs:
Wages and salaries
Motor expenses
Premises costs:
Light and heat
Cleaning
Water bill
General administrative expenses:
Telephone and internet
Stationery and printing
Bank charges
Software
Repairs and maintenance
Event and activities
Legal and professional costs:
Accountancy fees
Planning permission fees
Other legal and professional|**2024**
**£**
71,849
6,042
16,290
94,181
10,468
10
10,478
3,299
447
621
4,367
271
465
91
2,049
19,076
3,995
25,947
1,015
20,930
11,600
33,545
74,337|**2023**
**£**
31,624
5,679
15,250
52,553
14,915
-
14,915
3,777
2,172
792
6,741
260
525
82
180
3,670
3,066
7,783
995
-
975
1,970
31,409|
|---|---|---|
9