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2021-03-31-accounts

CHARITY NUMBER : 1138560

.

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE PERIOD FROM 01 APRIL 2020 TO 31 MARCH 2021

FOR

MASJID -E -UMAR

MASJID -E -UMAR

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 01 APRIL 2020 TO 31 MARCH 2021

PAGE
Legal and administrative information 1
Report of the trustees 2-3
Independent examiners report 4
Statement of financial activities 5
Charity balance Sheet 6
Notes forming part of the Financial Statements 7-11

MASJID -E -UMAR

LEGAL AND ADMINISTRATIVE INFORMATION FOR THE PERIOD FROM 01 APRIL 2020 TO 31 MARCH 2021

TRUSTEES: Mr Anwar Shah
Mr Khan Afsar
Mr Sajid Masood
Mr Javed Khan
Mr Abdul Rehman
Mr Abdul Gafoor
Mr Tariq Mahmood
REGISTERED OFFICE: 306 Barnsley Road
Sheffield
South Yorkshire
S4 7AH
CHARITY NUMBER: 1138560
BANKERS: HSBC BANK
660 Staniforth Rd
Darnall, Sheffield
S9 4LQ

Page 1

MASJID -E -UMAR

REPORT OF THE TRUSTEES FOR THE PERIOD FROM 01 APRIL 2020 TO 31 MARCH 2021

Report of the Trustees for the Period from 01 April 2020 to 31 March 2021

The trustees present their annual report along with the financial statements of the charity for the 12 months period ended 31st March 2020. The financial statement has been prepared in accordance with the accounting policies set out on page 7 and comply with the charity trust deed and applicable law

Constitution and objects

The Masjid - E - Umar is constituted under a trust deed dated 26 October 2010 and has a registered charity number 1138560.

The objectives of the trust are to establish and operate the institution for the purpose of advancing education and to advance the Islamic religion to create Islamic and culture awareness.

To advance the education of the public.

To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.

Such other charitable purposes as the trustees shall from time to time determine

The trustees must use the income (and may use the capital) of the Trust in promoting the objects.

Organisation

The trustees who have served during the year and since the year end are set out on page 1. Apart from the first Trustees, every Trustee must be appointed by a resolution of the Trustees passed at a special metting called under clause 15 of this deed. The trustees must hold at least four ordinary meetings each year. All meetings must involve the physical presence of those Trustees who attend the meeting.

Income Generation

Income was generated mainly by regular monthly donations by the parents of Muslim children who regularly come for Islamic education and by the other local Muslim community to promote the objectives. Charity also receives occasional letting income.

Risk Management

The Trustees have examined the major strategic, business and operational risks which the charity faces and confirms that systems have been established to enable regular reports to be produced so that any necessary steps can be taken to lessen those risks.

Reserve Policy

Charity does not have any specific policy to maintain reserve funds. It will call at local community to donate funds when charity is short of funds and needs money for any specific project.

Page 2

MASJID -E -UMAR

REPORT OF THE TRUSTEES

FOR THE PERIOD FROM 01 APRIL 2020 TO 31 MARCH 2021

Trustees’ responsibilities in relation to the financial statements

Law applicable to charities in England and Wales requires the trustees’ to prepare statements for each financial year that give true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:

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 Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence fore taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees and signed on their behalf by:

Anwar Shah 20/09/2021

Page 3

INDEPENDENT EXAMINER’S REPORT

TO THE TRUSTEES OF MASJID - E - UMAR

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts.

The charity's trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is needed. It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be reqired in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is Limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention (other than that disclosed below *)

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep accounting records in accordance with section 130 of the 2011 Act; and

  3. to prepare accounts which accord with the accounting records and

  4. comply with the accounting requirements of the 2011 Act

have not been met ; or

Name: Rashid Desai 324 Barnsley Road Sheffield, S57 AD

Page 4

MASJID -E -UMAR

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE PERIOD FROM 01 APRIL 2020 TO 31 MARCH 2021

INCOMING RESOURCES
Donations:
2
Activities in furtherance of the
charity's objective:
Children's' parents regular monthly donations
3
Activities for generating funds:
Hall Rent/Announcement
4
RESOURCES EXPENDED
Cost of generating funds:
Charitable expenditure :
Cost of activities in furtherance
of the charity's objective:
Establishment and education.
5
Management and administration.
5
Total resources expended
Loss on disposal of buildings and
plant and machinery.
8
NET INCOMING RESOURCES
6
NET MOVEMENT IN FUNDS
Funds balances B/fwd at 01/04/2019
Funds balances C/fwd at 31/03/2020		 £
UNRESTRICTED
6,017
86,619
16,863
109,499
-
-
87,302
30,860
118,161
-
(8,663)
559,689
551,026
2021		 £
RESTRICTED
-
-
-
-
-
-
-
-
-
-
-
-
-		 £
TOTAL
6,017
86,619
16,863		 2020
£
TOTAL
23,878
109,388
12,200
109,499 145,466
-
-
87,302
30,860		 -
-
84,542
3,658
118,161 88,200
- -
(8,663) 57,266
559,689
551,026

All incoming resources and resources expended derive from containing activities.

Page 5

MASJID -E -UMAR

CHARITY BALANCE SHEET As at 31 March 2021

FIXED ASSETS
Tangible assets
9
CURRENT ASSETS
Stock
Cash at bank & in hand
CREDITORS
Amounts falling due within one year
11
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year
12
NET ASSETS OVER LIABILITIES
FUNDS ACCOUNT:
UNRESTRICTED FUNDS
Approved by the Board of Trustees:
Anwar Shah
20/09/2021		 2021
£
56,304
-
494,729
551,033
-
551,033
-
551,033
551,026		 2020
£
57,368
-
457,770
515,138
-
515,138
5,000
510,138
510,138

Page 6

MASJID -E -UMAR

NOTES FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE PERIOD FROM 01 APRIL 2020 TO 31 MARCH 2021

1. ACCOUNTING POLICIES

(a) Basis of preparation

The financial statements have been prepared under the historical cost convention..

The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), “Accounting and Reporting by Charities” published in March 2005 and and applicable accounting standards.

(b) Charity status

The charity is a governed by trust deed. The trustees are named on page 1.

(c) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

(d) Restricted funds

These are to be used for specific purposes as laid down by the donor- Expenditure that meets these criteria is charged to fund, together with a fair allocation of management and support cost.

(e) Incoming resources

All incoming resources are included in the SORP when the charity is legally entitled to the income and the amount can be qualified with reasonable accuracy.

(f) Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.

(g) Tangible fixed assets and depreciation

Tangible fixed assets costing more than £100 are capitalised and included at cost including any incidental expenses of acquisition.Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost over their expected useful economic lives as follows:

Electrical Equipment

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25% Reducing Balance
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Page 7 CONTINUED…

MASJID -E -UMAR

NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 01 APRIL 2020 TO 31 MARCH 2021

2. DONATIONS

UNRESTRICTED
2021 2020
6,017 23,878

Donations include general donations and collection made on Friday, Eid and during Ramadan month from people attending mosque.

3. ACTIVITIES IN FURTHERANCE OF THR CHARITY'S OBJECTIVES

Childrens' parents regular monthly donations
4. Activities Generating Fund
Rent and Hall Hire
Other Income		 £
UNRESTRICTED
86,619
86,619		 £
TOTAL
86,619		 2020
£
TOTAL
109,388
86,619 109,388
12,200
-
3,500
13,362.73

Page 8 CONTINUED…

MASJID -E -UMAR

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD FROM 01 APRIL 2020 TO 31 MARCH 2021

5. TOTAL RESOURCES EXPENDED

UNRESTRICTED
£
Establishment and Education
Rent & rates
2,299
Light and heat
24,210
Insurance
2,416
Telephone,
2,085
Staff costs
17,481
Repairs & renewals
11,237
Printing and Stationery
2,830
Electronic Equipment
456
Donation
24,288
87,302
Mangement and Administration
Teaching & Education
23,064.92
Accountancy
1,000.00
Professional & Legal Fees
-
Bank Charges
-
Canteen & Food
1,355.05
Sundry & cleaning
5,439.87
30,859.84
Total resources expended
118,161
6. NET INCOMING REOURCES FOR THE YEAR
This is after charging:
Accountancy
Depreciation		 RESTRICTED
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 TOTAL
2021
£
2,299
24,210
2,416
2,085
17,481
11,237
2,830
456
24,288		 TOTAL
2020
£
6,096
31,499
-
1,957
21,644
8,276
3,041
811
11,219
87,302 84,542
-
1,000.00
-
-
1,355.05
5,439.87		 -
1,000.00
-
-
2,658.00
-
7794.92 3658
95,096 88,200
2021
£
1,000
456		 2020
£
1,000
811

Page 9 CONTINUED…

MASJID -E -UMAR

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 01 APRIL 2020 TO 31 MARCH 2021

7. STAFF COSTS AND NUMBERS

Staff costs were as follows:
Wages and salaries
Staff numbers were as follows:
Teaching and training		 2021
2020
£
£
17,481
21,644
17,481
21,644
2021
2020
5
5

8. TANGIABLE FIXED ASSETS

8. TANGIABLE FIXED ASSETS
COST
As at 01 April 2019
Alteration & Improvement Cost
On Bland Street Building
At 31st March 2020
DEPRECIATION
As at 01 April 2019
At 31st March 2020
NET BOOK VALUE
At 31st March 2020		 Buildings
Alteration &
Improvement Cost
£
54,935
54,935
NIL
NIL
54,935		 Electronic
Equipment
£
1,825
1,825
(456)
(456)
1,369

Page 10 CONTINUED…

MASJID -E -UMAR

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD FROM 01 APRIL 2020 TO 31 MARCH 2021

9. DEBTORS

NTS FALLING DUE WITHIN ONE YEAR
Taxation and social security costs
Accruals		 2021
2020
£
£
NIL
NIL
2021
2020
£
£
(993.53)
-
1,000.00
-
6.47
-

10. CREDITORS: AMONTS FALLING DUE WITHIN ONE YEAR

11. CREDITORS: AMONTS FALLING DUE AFTER MORE THAN ONE YEAR

2021 2020
£ £
- 5,000.00
- 5,000.00

Page 11