Charity number: 1139707 ## Chelmsford Muslim Society Report of the Trustees and Unaudited Financial Statements For the year ended 31 December 2021 ## Chelmsford Muslim Society Contents Page For the year ended 31 December 2021 |Report of the Trustees|1 to 2| |---|---| |Independent Examiner's Report to the Trustees|3| |Statement of Financial Activities|4| |Statement of Financial Position|5| |Notes to the Financial Statements|6 to 10| |Detailed Statement of Financial Activities|11| ## Chelmsford Muslim Society ## Report of the Trustees ## For the year ended 31 December 2021 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 December 2021. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2015). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** Chelmsford Muslim Society **Charity registration number** 1139707 **Principal address** 13A Moulsham Street Chelmsford Essex CM2 0HU ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Mr Mohammed Nawaz (Appointed: 09 October 2022) Mr Nassir Hussain Mr Nasrullah Ahmed Raja Mr Shahbaz Shaikh Mr Saifur Rehman Ahmad Mr Muhammed Mirzaul Alam Mr Shafique Ali Mr Imam Biag Mr Gulam Kadir Mr Muahmmad Abdul Ghafur Mr Mohammad Akram Mr Aymanul Syed Mr Jahirur Rahman Mr Ghulam Rasool (Appointed: 13 July 2012) (Resigned: 17 March 2022) Mr Yeawor Meah (Appointed: 13 July 2022) (Resigned: 09 October 2022) Mr Muhammad Usman (Appointed: 27 March 2022) (Resigned: 09 October 2022) **Independent examiners** EMA Squared 110 High Street Earls Colne Nr. Colchester Essex CO6 2QX 1 of 11 ## Chelmsford Muslim Society Report of the Trustees Continued For the year ended 31 December 2021 **Bankers** HSBC Bank plc 99 High Street Chelmsford Essex CM1 1EQ Approved by the Board of Trustees and signed on its behalf by ............................................................................. 02 December 2022 Mr Mohammed Nawaz 2 of 11 ## Chelmsford Muslim Society Independent Examiners Report to the Trustees ## For the year ended 31 December 2021 I report to the trustees on my examination of the accounts of the charity for the year ended 31 December 2021. ## **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiners statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. EMA Squared 110 High Street Earls Colne Nr. Colchester Essex CO6 2QX 02 December 2022 3 of 11 ## Chelmsford Muslim Society Statement of Financial Activities For the year ended 31 December 2021 ||**Notes**|**Unrestricted**|**2020**|| |---|---|---|---|---| |||**funds**||| |||**£**|**£**|| |**Income and endowments from:**||||| |Donations and legacies|2|220,879||233,861| |**Total**||**220,879**||**233,861**| |**Expenditure on:**||||| |Raising funds|3|(28,170)||(32,497)| |**Total**||**(28,170)**||**(32,497)**| |**Net income**||**192,709**||**201,364**| |**Reconciliation of funds**||||| |Total funds brought forward||1,956,963||1,755,599| |**Total funds carried forward**||**2,149,672**||**1,956,963**| 4 of 11 ## Chelmsford Muslim Society Statement of Financial Position ## As at 31 December 2021 |**Notes**
**Fixed assets**
Investments
7
**Current assets**
8
Debtors: amounts falling due within one year
Debtors: amounts falling due after more than one year
8
Cash at bank and in hand
**Creditors: amounts falling due within one year**
9
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
10
**Net assets**
**The funds of the charity**
Unrestricted income funds
11
**Total funds**|**£**
**2021**
2,349,605
**2,349,605**
46
33,028
47,121
**80,195**
(2,128)
**78,067**
**2,427,672**
(278,000)
**2,149,672**
2,149,672
**2,149,672**|**£**
**2020**
2,349,605| |---|---|---| |||**2,349,605**| |||46
33,028
94,021| |||**127,095**| |||(2,126)
**124,969**| |||**2,474,574**| |||(517,611)| |||**1,956,963**| |||1,956,963| |||**1,956,963**| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Mr Mohammed Nawaz Trustee 02 December 2022 5 of 11 ## Chelmsford Muslim Society Notes to the Financial Statements For the year ended 31 December 2021 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011. Chelmsford Muslim Society meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Going concern** The accounts have been prepared on a going concern basis. ## **2. Income from donations and legacies** |**Unrestricted funds**
Donations received
Grants received
Gifts in kind|**2020**
**2021**
**£**
**£**
225,881
172,363
7,980
9,375
-
39,141
**233,861**
**220,879**| |---|---| ## **3. Expenditure on generating donations and legacies** |**Unrestricted funds**
Donations
Support costs|**2021**
**£**
25,400
2,770
**28,170**|**2020**
**£**
19,400
13,097| |---|---|---| |||**32,497**| 6 of 11 Chelmsford Muslim Society Notes to the Financial Statements Continued For the year ended 31 December 2021 ## **4. Analysis of support costs** |**Governance costs**
Accountancy fees
Other professional fees
Legal fees
Premises costs
Bank charges|**2021**
**£**
300
835
23
1,526
86
**2,770**|**2020**
**£**
-
-
10,986
2,021
90| |---|---|---| |||**13,097**| ## **5. Staff costs and emoluments** Total staff costs for the year ended 31 December 2021 were: |Salaries and wages
Pension costs
Minister of religion|**2021**
**£**
17,400
835
**18,235**
**2021**
1
**1**|**2020**
**£**
15,000
-| |---|---|---| |||**15,000**| |||**2020**
1| |||**1**| ## **6. Comparative for the Statement of Financial Activities** The comparative year values on the Statement of Financial Activites are for unrestricted funds. 7 of 11 Chelmsford Muslim Society Notes to the Financial Statements Continued For the year ended 31 December 2021 ## **Investments** ## **7. Analysis of movement of social investments** |**7. Analysis of movement of social investments**||| |---|---|---| |Market value at 01 January 2021
Market value at 31 December 2021
**8. Debtors**
**Amounts due within one year:**
Other debtors
**Amounts due after more than one year:**
Amounts due by group and associated undertakings|**2021**
**£**
46
**46**
33,028
**33,028**|**Mixed motive**
**investments**
**£**
2,349,605| |||**2,349,605**| |||**2020**
**£**
46| |||**46**| |||33,028| |||**33,028**| ## **9. Creditors: amounts falling due within one year** Other creditors Loans and overdrafts ## **10. Creditors: amounts falling due after more than one year** |**2021**
**£**
2,128
**2,128**
**2021**
**£**
278,000
**278,000**|**2020**
**£**
2,126| |---|---| ||**2,126**| ||**2020**
**£**
517,611| ||**517,611**| 8 of 11 ## Chelmsford Muslim Society ## Notes to the Financial Statements Continued For the year ended 31 December 2021 ## **11. Movement in funds** ## **Unrestricted Funds** ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| |---|---|---|---|---| ||**01/01/2021**|**resources**|**resources**|**31/12/2021**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|1,956,963|220,879|(28,170)|2,149,672| ||**1,956,963**|**220,879**|**(28,170)**|**2,149,672**| |**Unrestricted Funds - Previous year**||||| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**01/01/2020**|**resources**|**resources**|**31/12/2020**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|1,755,599|233,861|(32,497)|1,956,963| ||**1,755,599**|**233,861**|**(32,497)**|**1,956,963**| ## **Purpose of unrestricted Funds** ## General To advance the Islamic religion in Chelmsford through holding prayers, lectures, festivals and providing education to the community. ## **12. Analysis of net assets between funds** |**Unrestricted funds**
_General_
General|**Net current**
**assets /**
**(liabilities)**
**Creditors >**
**one year**
**Net Assets**
**£**
**£**
**£**
78,067
(278,000)
(199,933)| |---|---| ||**78,067**
**(278,000)**
**(199,933)**| 9 of 11 ## Chelmsford Muslim Society Notes to the Financial Statements Continued For the year ended 31 December 2021 ## **Previous year** |**Unrestricted funds**
_General_
General|**Net current**
**assets /**
**(liabilities)**
**Creditors >**
**one year**
**Net Assets**
**£**
**£**
**£**
124,969
(517,611)
(392,642)| |---|---| ||**124,969**
**(517,611)**
**(392,642)**| 10 of 11 ## Chelmsford Muslim Society Detailed Statement of Financial Activities For the year ended 31 December 2021 |**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
Grants receivable
Gift Aid
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Donations
**SUPPORT COSTS**
**Governance costs**
Governance costs
**Total resources expended**
**Net Income**|**£**
**2021**
172,363
9,375
39,141
**220,879**
**220,879**
(25,400)
**(25,400)**
(2,770)
**(2,770)**
**(28,170)**
**192,709**|**£**
**2020**
225,881
7,980
-| |---|---|---| |||**233,861**| |||**233,861**
(19,400)| |||**(19,400)**
(13,097)| |||**(13,097)**| |||**(32,497)**| |||**201,364**| 11 of 11 This page does not form part of the statutory financial statements