Charity number 1139167
Ghousia Islamic Community Centre
Report and Accounts
30 September 2021
Ghousia Islamic Community Centre
Independent Examiner's Report to the Trustees of Ghousia Islamic Community Centre
I report on the accounts of Ghousia Islamic Community Centre for the year ended 30 September 2021, which are set out on pages 3 to 6.
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 an independent examination is needed.
It is my responsibility to: examine the accounts under section 145 of the 2011 Act; to follow the procedures laid down in the General Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attention.
Basis of independent examiner's report
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 required 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: i) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act, have not been met; or
ii) to which, in my opinion, attention should be drawn in order to enable proper understanding of the accounts to be reached.
Osman Sacranie Leicester Commercial Accountants Ltd Accountants 42 London Road Oadby Leicester LE2 5DH
24 April 2022
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Ghousia Islamic Community Centre Trustees' Report Year ended 30 September 2021
Legal and administrative status
Ghousia Islamic Community Centre was founded in Great Britain under declaration of trust dated 24 September 2010, as amended on 18 March 2011 and is registered as a charity under number 1139167. The principal address of Ghousia Islamic Community Centre is 14 Charles Street, Gloucester, GL1 4AG
The objectives of the charity
The objectives of the charity are : - to advance the Islamic religion in accordance with the tenets and doctrines of the Sunni Sect of Islam under the Berelvi school of thought and guidelines of Imam Ahmed Raza Khan R.A. in all affairs, by such exclusively charitable means as the Executive Committee shall from time to time determine.
Trustees
The trustees who served during the year were:
Mr Asif Raza Mr Shahid Zaffar Mr Ashraf Nakhuda Mr Mohamed Shafee Mohamed Mr Mirza Khan
Risk management
The trustees have a risk management strategy which includes an annual review of the risks the charity faces and the establishment of systems and procedures to mitigate those risks and implementation of procedures designed to minimise any potential impact on charity should those risks materialise.
Review of activities for the year
The charity made a surplus of £11,04.00 for the year. The detailed results are set out in the attached accounts.
Reserves Policy
The trustees aim to ensure that sufficient funds are maintained to enable the charity to carry out its activities.
Approved by the trustees and signed on their behalf on 11 Aprl 2022 by:
Asif Raza
Trustee
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Ghousia Islamic Community Centre Statement of Financial Activities for the year ended 30 September 2021
| Page Incoming Resources Income from charitable activities and generated funds 6 Outgoing Resources Direct charitable expenditure 6 Other operating income Net Incoming Resources |
2021 £ 23,671 (20,430) 8,663 11,904 |
2020 £ 19,201 (28,615) 4,775 (9,414) |
|---|---|---|
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Ghousia Islamic Community Centre Balance Sheet as at 30 September 2021
| Notes Fixed assets Tangible assets 3 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Net assets Represented by Funds 5 Total funds |
2021 £ 235,392 17,730 (3,609) 14,121 249,513 249,513 249,513 |
2020 £ 234,499 7,651 (4,541) 3,110 237,609 237,609 237,609 |
|---|---|---|
Asif Raza Trustee Approved by the board on 24 April 2022
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Ghousia Islamic Community Centre Notes to the Accounts for the year ended 30 September 2021
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the statement of Recommended Practice - "Accounting by Charities" (SORP), issued by the Charity Commissioners for England and Wales.
Income
Income represents donations received from donors, donations in kind, tuition fees and other charitable activities.
Funds
All funds comprise general unrestricted funds aviailable for use of the Charity's objectives.
Depreciation
Freehold land and buildings are not depreciated.
| 2 Operating profit This is stated after charging: Depreciation of owned fixed assets |
2021 £ 387 |
2020 £ 230 |
|---|---|---|
- 3 Tangible fixed assets
| Cost At 1 October 2020 Additions At 30 September 2021 Depreciation At 1 October 2020 Charge for the year At 30 September 2021 Net book value At 30 September 2021 At 30 September 2020 4 Creditors: amounts falling due within one year Trade creditors Other taxes and social security costs Other creditors 5 Fund Balances At 1 October 2020 Surplus for the year At 30 September 2021 |
Land and buildings £ 233,199 - 233,199 - - - 233,199 233,199 |
Plant and machinery etc £ 1,530 1,280 2,810 230 387 617 2,193 1,300 2021 £ 431 733 2,445 3,609 2021 £ 237,640 11,904 249,514 |
Total £ 234,729 1,280 236,009 230 387 617 235,392 234,499 2020 £ 450 1,107 2,984 4,541 |
|---|---|---|---|
- 5 Trustee remuneration
No trustees received any remuneration or expenses during the year (2020:£nil).
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Ghousia Islamic Community Centre Income and Expenditure Account for the year ended 30 September 2021
| Incoming Resources Donations Total income Direct Charitable Expenditure Wages and salaries Pensions Rent Rates Light and heat Cleaning Telephone and fax Postage Subscriptions Bank charges Insurance Equipment expensed Repairs and maintenance Depreciation Accountancy fees Advertising and PR Other legal and professional Total expenditure Surplus for the year Other operating income Other operating income |
2021 £ 23,671 - 23,671 8,100 - 220 592 1,328 - 115 9 75 - 806 - 7,912 387 700 186 - 20,430 3,241 8,663 |
2020 £ 19,199 2 19,201 12,986 150 87 888 2,202 376 - - 75 3 784 240 10,090 230 450 - 54 28,615 (9,414) 4,775 |
|---|---|---|
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