Islam In Bristol Trustees’ Annual Report
Charity Number: 1139121
ISLAM IN BRISTOL Registered Charity number 1139121
Trustees’ Annual Report
From : 01 Sep 2019 To : 31 Aug 2020 Charity name : Islam In Bristol Charity registration number : 1139121
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ISLAM IN BRISTOL LTD ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS
| Page | |
|---|---|
| Company information | 3 |
| Director's report | 4 |
| Accountants' report | 5 |
| Statement of income and retained earnings | 6 |
| Statement of financial position | 7 |
| Notes to the accounts | 8 |
| Detailed profit and loss account | 9 |
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ISLAM IN BRISTOL LTD COMPANY INFORMATION FOR THE YEAR ENDED 31 AUGUST 2020
Director ABDULLAH MAHAMED Company Number 11520056 (England and Wales) Registered Office 82 STAPLETON ROAD EASTON BRISTOL BS5 0PW UNITED KINGDOM
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CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF ISLAM IN BRISTOL LTD FOR THE YEAR ENDED 31 AUGUST 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ISLAM IN BRISTOL LTD for the year ended 31 August 2020 as set out on pages 6 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Chartered Accountants
22 August 2021
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ISLAM IN BRISTOL LTD STATEMENT OF INCOME AND RETAINED EARNINGS FOR THE YEAR ENDED 31 AUGUST 2020
| Turnover Cost of sales Gross profit Administrative expenses Other operating income Operating profit Profit on ordinary activities before taxation Tax on profit on ordinary activities Profit for the financial year Retained earnings at the start of the year Profit for the financial year Dividends Retained earnings at the end of the year |
2020 £ 74,650 (23,896) 50,754 (37,188) 20,000 33,566 33,566 - 33,566 7,559 33,566 - 41,125 |
2019 £ 78,162 (12,553) |
|---|---|---|
| 65,609 (58,976) - |
||
| 6,633 | ||
| 6,633 - |
||
| 6,633 | ||
| 926 6,633 - |
||
| 7,559 |
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ISLAM IN BRISTOL LTD STATEMENT OF FINANCIAL POSITION AS AT 31 AUGUST 2020
| Notes Fixed assets Tangible assets 4 Current assets Inventories Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Net assets Capital and reserves Profit and loss account Shareholders' funds |
2020 £ 3,101 5,009 36,524 41,533 (3,509) 38,024 41,125 41,125 41,125 |
2019 £ - - 10,559 |
|---|---|---|
| 10,559 (3,000) |
||
| 7,559 | ||
| 7,559 | ||
| 7,559 | ||
| 7,559 |
For the year ending 31 August 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board and authorised for issue on 22 August 2021 and were signed on its behalf by
ABDULLAH MAHAMED Director
Company Registration No. 11520056
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ISLAM IN BRISTOL LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2020
1 Statutory information
ISLAM IN BRISTOL LTD is a private company, limited by shares, registered in England and Wales, registration number 11520056. The registered office is 82 STAPLETON ROAD, EASTON, BRISTOL, BS5 0PW, UNITED KINGDOM.
2 Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3 Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4 Tangible fixed assets
| Tangible fixed assets Cost or valuation At 1 September 2019 Additions At 31 August 2020 Depreciation Charge for the year At 31 August 2020 Net book value At 31 August 2020 Creditors: amounts falling due within one year Trade creditors Loans from directors |
2020 £ 509 3,000 3,509 |
Fixtures & fittings £ At cost - 3,701 |
|---|---|---|
| 3,701 | ||
| 600 | ||
| 600 | ||
| 3,101 | ||
| 2019 £ - 3,000 |
||
| 3,000 |
5 Creditors: amounts falling due within one year
6 Average number of employees
During the year the average number of employees was 1 (2019: 0).
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ISLAM IN BRISTOL LTD DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2020
This schedule does not form part of the statutory accounts.
| Turnover Sales Cost of sales Purchases Gross profit Administrative expenses Wages and salaries Travel and subsistence Motor expenses Rent Rates Service charges Light and heat Cleaning Telephone and fax Postage Bank charges Repairs and maintenance Depreciation Sundry expenses Accountancy fees Other operating income Other operating income Operating profit Profit on ordinary activities before taxation |
2020 £ 74,650 23,896 50,754 3,300 54 150 20,098 934 2,920 1,011 200 907 28 4 3,912 600 2,857 213 37,188 20,000 33,566 33,566 |
2019 £ 78,162 |
|---|---|---|
| 12,553 | ||
| 65,609 | ||
| - - - - - - - - - - - - - 58,976 - |
||
| 58,976 | ||
| - | ||
| 6,633 | ||
| 6,633 |
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