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 1 ## **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 2 ## **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)| |---|---|---| 3 ## **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 4 **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). 5 ## **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| |---|---|---| 6