TRUSTEES REPORT AND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2021 FOR BISHOPWAY COMMUNITY CENTRE UK
ENTRE(UK ' L STATEMENTS
| Page | |
|---|---|
| Legaland adminstrative information | l |
| Report of the Trustees | 2-3 |
| Report of the Independent Examiner | 4 |
| Statement of financial activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 |
| Income and ExpenditiirdAEiouht | 8 |
BiSHOPWAY COMMUNITY CENTRE (UK) CONTENTS OF THE FINANCIAL STATEMENTS FORTHEYEARENDED310CTOBER2021
MANAGEMENTCOMMITTEEANDTRUSTEE
Chairman Mr Rana Miah General Secretary Mr Musthak Ahmed Treasurer Mr Monir Miah Other Trustees The other members of the Board are the Trustees of the charity and the Directors of the company. Address 73 Bishops Way Waterloo Garden London.E2 9HF Charity Registration Number 1137228 Company number 06727325 Bankers ALRAYANBANK Edgbaston House 3 Duchess Place Birmingham B16 8NH Independent Examiner Shahidullah & Co Chartered Certified Accountants 299A Bethnal Green Road London E2 6AH
BiSHopswAY COMMUNnY CENTiiE (UK )
REPORTOFTHETRUSTEES' FORTHEYEARENDED31"0CTOBER2021
The Trustees, who are also the directors of the charity for the purposes of the Companies Act, present their annual report together with the financial statements of Bishopsway Community Centre (UK) for the year ended 31;' October 2021.The Trustees have adopted the provisions of the Statement of Recommended Practice (SOAP) "Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and financial statements of the charity.
Since the charity qualifies as small under section 383, the strategic and director report is not required as perregulation 2013.
Legal Status
Bishopsway Community Centre (UK) is incorporated as a company limited by guarantee in 17"' October 2008 and the company number is 06727325. It is a registered charity and registration number is 1 1 37228.
Organisation
The Charity based in 73 Bishops Way, Waterloo Garden, London. E2 9HF
Objects of the Charity, Structure, Goverence and Management
a) The charity was incorporated as a company limited by guarantee.
b) The centre is established to advance the Islamic religion and to advance the education of the public in all aspect of Islam. The centre operates as Mosque and there were no change to its activities during the year
c) The directors do not have any share in the company. The charity is constituted as a company limited by guarantee and is therefore governed by memorandum and articles of association.
Review of financial position and reserve policy
The attached financial statements show a surplus of£13 151.00 for the above year
Risk Management
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.
Member Liability
The members of the charity guarantee to contribute an amount not exceeding f 1 0 to the assets of the charity in the event of winding up.
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BISHOPSWAY COMMUNITY CENTRE (UK )
THETRUSTEES
The trustees who serve the charity during the year were shown on page number I, "Management Committee and Trustee"
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The Trustees (Who are also directors of Bishopsway Community Centre (UK) for the purposes of company law) are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial state4ments unless they are satisHled that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:
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a) Select suitable accounting policies and apply them consistently; b) Make judgments and estimates that are reasonable and prudent; c) Observe the methods and principles of the Charities SORP.
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d) Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible Hor keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006 and charity Act 2016. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
INDEPENDENT EXAMINER
According to the provisions of the Charities Act 2016, the trustees agree that an audit is not required for this financial year; however due to provisions of the same act an independent examiner is required.
Mr Mohammed Shahidullah of Shahidullah & Co (Chartered Certified Accountants) will be appointed as independent examiner for the ensuing year.
APPROVAL
This report was approved by the trustees on .and signed on their behalf
MTRana Miah (Directors'rustee)
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BisnoPSWAY COMMUNITY CENTRE (UK)
ACCOUNTANTS REPORT TO THE TRUSTEES ON THE
Financial statements for the Year ended 31s' October 2021
We have examined the accounts and statements, which have been prepared on the basis of accounting polices set out on page 7.
Respective responsibilities of trustees and examiner
As described on the balance sheet page the company's directors are responsible for the preparation of accounts; they consider that the charity is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the companies Act 2006('the Act") and members have not required the charity to obtain an audit 6or the year in question in accordance with section 476.
We have been appointed under section 144 of the charities act 2016 rather than companies Act 2006. It is our responsibility to examine the accounts, without performing an audit and report our opmion.
Basis of Opinion
Our work was conducted in accordance with the Statement of Standards for Reporting Accountants and so our procedures consisted of comparing the accountants with the accounting records kept by the charity and making such limited enquiries of the of:Hcers of the charity as we consider necessary 6or the purposes of this report. These procedures provide only the assurance expresses m our option.
Opinion
Based on our examinations, no matter has come to our attention which gives us reasonable cause to believe that in any material respect accounting records have not kept in accordance with section CC16 of the Charity act 2016 and the companies act 2006.In our opinion the accounts have been drawn up in a manner consistent with the accounting requirements specified in section 477 and 476 of the Companies Act 2006. The charity also satisfied the conditions for the exemption Hom and audit for the specified period under section 477 and 476 of the Companies Act as well as the Charity act 2016.
No matter has come to our attention in connection with our examination, to which in our opinion, attention should be drawn to enable a proper understanding of the accounts.
The Trustee's report is consistent with the financial statements and accounts
Shahidullah & Co Chartered Certified Accountants 299A Bethnal Green Road London E2 6AH
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BBHOPWAY COMMUNE'lY CENTRE (UK) STATEMENT OF FINANCIAL ACTIVITIES FORTHEYEARENDED31 0CTOBER2021
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| Funds | Funds | 31.10.21 | 31.10.20 | |
| £ | £ | £ | £ | |
| Income | ||||
| Donation received | 39422 | 39422 | 35346 | |
| 951 | ||||
| JRS GRANT | 5671 | 5671 | ||
| Total Incoming Resources | 45093 | 45093 | 35346 | |
| Resources Expended | ||||
| Rent | 12188 | 12188 | 4062 | |
| Service Charges | 1125 | 1125 | 375 | |
| Lightand heat | 1411 | 1411 | 2756 | |
| Water | 545 | 545 | 480 | |
| Wages | 14766 | 14766 | 14991 | |
| Postand stationery | 26 | 26 | 46 | |
| Licences andinsurance | 526 | 526 | 510 | |
| Repairs and renewals | 495 | 495 | 700 | |
| Cleaning and cleaning materials Iftarand food |
247 47 |
247 47 |
260 138 |
|
| Sundry expenses | 81 | 81 | 191 | |
| Accountancy | 480 | 480 | ||
| Service Charges | 5 | 5 | ||
| Total Expenditure | 31942 | 31942 | 24509 | |
| Gross incoming/(outgoing resources) | 13151 | 13151 | 10837 | |
| Net incoming/ outgoing resources after transfer | 13151 | 13151 | 10837 | |
| Funds brought forward | 34412 | 34412 | 23575 | |
| Add Net Profit/surplus | 13151 | 13151 | 10837 | |
| Funds carried forward | 47563 | 47563 | 34412 |
BISHOPWAY COMMUNITY CENTRE(UK) FORTHEYEAR ENDED31 0CTOBER2021
| Total | Total | |||
|---|---|---|---|---|
| 31.10.21 | 31.10.20 | |||
| £ | £ | |||
| Fixed Assets | ||||
| Tangible assets | 0 | 0 | ||
| 0 | 0 | |||
| Cu rrent Asset | ||||
| Cash at hand and in hand | 49762 | 36131 | ||
| 49762 | 36131 | |||
| Current Liability | ||||
| Creditors:amount falling due within one year | 480 | 0 | ||
| 480 | 0 | |||
| Total Assets less curren liability | 49282 | 36131 | ||
| Net Assets | 49282 | 36131 | ||
| FINANCED BY | ||||
| Brought forward | 36131 | 24343 | ||
| Add Net deficit /Surplus | 13151 | 11788 | ||
| 49282 | 36131 | |||
| 49282 | 36131 |
BISHOPWAY COMMUNITY CENTRE (UK) NOTES TO THE FINANCIAL STATEMENTS FORTHEYEAR ENDED31 0CTOBER2021
l ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the statement of recommanded practice (SORP ) " Accounting and reporting by charities" (FRS 1 02) and Charities act 2016
BISHOPWAY COMMUNITY CENTRE(UK) STATEMENT OF FINANCIAL ACTIVITIES FORTHEYEAR ENDED31 0CTOBER2021
| 31.10.21 | 31.10.20 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Income | |||||
| Donation received | 39422 | ||||
| JRS GRANT | 5671 | 35346 | |||
| 45093 | 35346 | ||||
| DirectCharitable expenditure Rent |
12188 | 12188 | 4062 | ||
| Service Charges | 1125 | 1125 | 375 | ||
| Light and heat | 1411 | 1411 | 2756 | ||
| Water | 545 | 545 | 480 | ||
| Wages | 14766 | 14766 | 14991 | ||
| Post and stationery | 26 | 26 | 46 | ||
| Licences and insurance | 526 | 526 | 510 | ||
| Repairs and renewals | 495 | 495 | 700 | ||
| Cleaning and cleaning materials | 247 | 247 | 260 | ||
| Iftar and food | 47 | 47 | 138 | ||
| Sundry expenses | 81 | 81 | 191 | ||
| Accountancy | 480 | 480 | |||
| Service Charges | 5 | 5 | |||
| Totalexpenditure | 31942 | 31942 | 24509 | ||
| Gross incoming/(outgoing resources) | 13151 | 13151 | 10837 | ||
| Net incoming/ outgoing resources before transfer | 13151 | 13151 | 10837 |
APPROVAL
Approved by the trustees and signed on their behalf on
Mr Rana Miah (Chairman) DateJZ::gJ
£«. Mr Musthak Ahmed (General Secretary) 'L'l+olL20m.
&' '4£ Mr Monir Miah (Treasurer) 0 Date.....-..24.