TRUSTEES REPORTAND
$.!ATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2023 FOR
CENTRE(UK
BISHOPWAY COMMUNITY CENTRE fUK) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
| Page | |
|---|---|
| Legaland adminstrative information | |
| 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 Expenditure Account | 8 |
BISHOPWAY COMMUNI.IYCENTRE (UK) CONTENTS OF THE FINANCIAL STATEMENTS FQKJH£YEAn ENDED 31 OCTOBER 2023
MANAGEMENTCOMMITTEEANDTRUSTEE
| Chairman General Secretary Treasurer |
Mr Shofique Uddin Mr Miraj Amin Rahman Mr Shack Md Jubayer Ahmed |
|---|---|
| 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 n umber | 06727325 |
| Bankers | ALRAYAN BANK |
| Edgbaston House | |
| 3 Duchess Place | |
| Birmingham | |
| B168NH | |
| Independent Examiner | Shahidullah & Co |
| Chartered Certified Accountants | |
| 299A Bethnal Green Road | |
| London E2 6AH |
BiSnOpswAY COMMUNITY CENTiiE (UK )
REPORTOFTHETRUSTEES' FOR THE YEAR ENDED 31" OCITOBER 2023
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 Bishopway Community Centre (UK) for the year ended 3 1" October 2023.The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 1 02) 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
Bishopway Community Centre (UK) is incorporated as a company limited by guarantee in 17'h 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 was 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 govemcd by memorandum and articles of association.
Review of financial position and reserve policy
The attached financial statements show a surplus of£1 3869.00 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 £10 to the assets of the charity in the event of winding up.
2
BiSnOPswAY COMMUN iTY CENTiw (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 Bishopway 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 satisfied that they give a true and f air view of the state of aff airs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company f or that period. In preparing these financial statements, the Trustees are requiredto:
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a) Select suitable accounting pol icies and apply them consistently;
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b) Make judgments and estimates that are reasonable and prudent;
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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 for 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 f or 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
.:? I r""\ This report was approved by the trustees on . .{.behalfl i'}.'l. .and signed on their
IW Shoflque Uddin (Chairman)
Date '*1'%«'N
3
BISHOPSWAY COMMUNITY CENTRE
ACCOUNTANTS REPORT TO THE TRUSTEES ON THE
Financial statements for the
ear ended 31s' October 2023
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 for 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 officers of the charity as we consider necessary for the purposes of this report. These procedures provide only the assurance expresses in our opmion.
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 from and audit f or 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
BISHOPWAY COMMUNITY CENTRE (UK) STATEMENT OF FINANCIAL ACTIVITIES
FORTHE YEARENDED310CTOBER2023
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| Funds | Funds | 31.10.23 | 31.10.22 | |
| £ | £ | £ | £ | |
| Income | ||||
| Donation received | 56795 | 56795 | 55785 | |
| JRS GRANT | ||||
| Total Incoming Resources | 56795 | 56795 | 55785 | |
| Resources Expended | ||||
| Rent | 16550 | 16550 | 16250 | |
| Service Charges | 1863 | 1863 | 1863 | |
| Lightand heat | 1453 | 1453 | 1301 | |
| Water | 685 | 685 | 645 | |
| Wages | 10835 | 10835 | 10952 | |
| Post and stationery | 650 | 650 | 242 | |
| Licences andinsurance | 412 | 412 | 509 | |
| Repairs and renewals | 126 | 126 | 728 | |
| Cleaning and cleaning materials | 523 | 523 | 826 | |
| Iftarand food | 467 | 467 | 512 | |
| Sundry expenses | 14 | 14 | 231 | |
| Casual wages | 7850 | 7850 | ||
| Legaland professionalfees | 500 | 500 | ||
| Telephone fax & Internet | 290 | 290 | ||
| Accountancy | 600 | 600 | 600 | |
| Bank charges | 108 | 108 | 73 | |
| Total Expenditure | 42926 | 42926 | 34732 | |
| Gross incoming/(outgoing resources) | 13869 | 13869 | 21053 | |
| Net incoming/ outgoing resources after transfer | 13869 | 13869 | 21053 | |
| Funds brought forward | 57184 | 57184 | 36131 | |
| Add Net Profit/surplus | 13869 | 13869 | 21053 | |
| Funds carried forwa rd | 71053 | 71053 | 57184 |
BISHOPWAY COMMUNITY CENTRE(UK) FORTHEYEAR ENDED310CTOBER2023
| Total | Total | |||
|---|---|---|---|---|
| 31.10.23 | 31.10.22 | |||
| £ | £ | |||
| Fixed Assets | ||||
| Tangible assets | ||||
| Current Asset | ||||
| Quard-E-Hasna | 50000 | |||
| Cash at hand and in hand | 34804 | 71040 | ||
| Creditors : amount falling due within one year | 105 | |||
| 84804 | 70935 | |||
| Current Liability | ||||
| Creditors:amount falling due within one year | 600 | 600 | ||
| 600 | 600 | |||
| Total Assets less curren liability | 84204 | 70335 | ||
| Net Assets | 84204 | 70335 | ||
| FINANCED BY | ||||
| Brought forward | 70335 | 49282 | ||
| Add Net deficit /Surplus | 13869 | 21053 | ||
| 84204 | 70335 | |||
| 84204 | 70335 |
BISHOPWAY COMMUNITY CENTRE(UK) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
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 FOR THE YEAR ENDED 31 OCTOBER 2023
| 31.10.23 | 21.10.22 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Income | |||||
| Donationreceived | 56795 | 55785 | |||
| 56795 | 55785 | ||||
| Direct Charitable expenditure Rent |
16550 | 16550 | 16250 | ||
| Service Charges | 1863 | 1863 | 1863 | ||
| Light and heat Water |
1453 685 |
1453 685 |
1301 645 |
||
| Wages | 10835 | 10835 | 10952 | ||
| Post and stationery | 650 | 650 | 242 | ||
| Licences and insurance | 412 | 412 | 509 | ||
| Repairs and renewals | 126 | 126 | 728 | ||
| Cleaning and cleaning m aterials | 523 | 523 | 826 | ||
| Iftarand food | 467 | 467 | 512 | ||
| Sundryexpenses | 14 | 14 | 231 | ||
| Casual wages | 7850 | 7850 | |||
| Legal and professional fees | 500 | 500 | |||
| Telephonefax & Internet | 290 | 290 | |||
| Accountancy | 600 | 600 | 600 | ||
| Bank charges | 108 | 108 | 73 | ||
| Totalexpenditure | 42926 | 42926 | 34732 | ||
| Gross incoming/(outgoing resources) | 13869 | 13869 | 21053 | ||
| Net incoming/ outgoing resources before transfer | 13869 | 13869 | 21053 |
APPROVAL
Approved by the trustees and signed on their behalf on
Mr Shofique Uddin (Chairman) Date. akZ""A
Mr Miraj Amin Rahman Mr Shaik Md Jubayer Ahmed (General Secretary) (Treasurer) Date. -,*.-' tq-"''l