Registered number: 05841427 Charity number: 1140116
Idarah Maruf Britain Limited UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30/06/2023
Prepared By:
CBS Accountants Ltd Chartered Accountant Unit 17, Orbital 25 Business Park Dwight Road Watford Hertfordfhire WD18 9DA
Idarah Maruf Britain Limited
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30/06/2023
TRUSTEES
Safura Akhtar Azra Begum Dra Waheeda Iffat Zamir Adeeba Akhtar
SECRETARY
Waheeda Iffat Zamir
REGISTERED OFFICE
39 Bromefield Stanmore Middlesex HA7 1AG
COMPANY NUMBER 05841427
CHARITY NUMBER 1140116
BANKERS
Natwest Plc
ACCOUNTANTS
CBS Accountants Ltd Chartered Accountant Unit 17, Orbital 25 Business Park Dwight Road Watford Hertfordfhire WD18 9DA
page 1
Idarah Maruf Britain Limited
ACCOUNTS FOR THE YEAR ENDED 30/06/2023
CONTENTS
| Page | |
|---|---|
| Report of the Trustees | 3 |
| Independent Examiner's Statement | 4 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 8 to 12 |
| Detailed Statement of Financial Activities | 11 |
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Idarah Maruf Britain Limited
TRUSTEES’ REPORT
FOR THE YEAR ENDED 30/06/2023
Trustees’ Report
Idarash Maruf Britain Limited trustees present their report and accounts for the year ended 30/06/2023. The statements appear in the format required by the Statement of Recommended Practice for Accounting and Reporting by Charities. The report and financial statements also comply with the Companies Act 2006. The charity has prepared its accounts using the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) and follow the Charities SORP (FRS 102).
In discharging their collective responsibilities, the trustees are responsible for preparing the trustees’ annual report and the financial statements in accordance with the applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including FRS 102 (The Financial Reporting Standard applicable in the UK and Republic of Ireland).
Objectives and activities
The purpose of the charity, as set out in its governing document, is to provide education, training, and religious activities to local as well as the wider community, by providing a deeper understanding of Islam to ensure community cohesion. We provide religious education to the local community, but more specifically concentrate on the youth, with a high moral compass we aim to ensure they become outstanding citizens and make a positive contribution to the society.
The charity aims to purchase own premises to carry out its activities and it was decided to raise funds for the purpose of buying a suitable property. Funds have been raised but are not adequate to purchase a property in the Harrow area. The trustees are determined to raise further funds to acquire a property for the charity.
Financial review
The Statement of Financial Activities for the year ended on 30th June 2023, shows a net surplus of £427 relating to unrestricted funds and the fund's balance as at 30th June 2023 was £30,424. Restricted funds increased by £31,988 and the fund's balance as at 30th June 2023 was £321,371.
Signed on behalf of the Board of Trustees on 28th March 2024 by
Waheeda Iffat Zamir (Mar 28, 2024, …………………… 11:22am) Waheeda Iffat Zamir
Trustee - Idarah Maruf Britain Limited
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Idarah Maruf Britain Limited
INDEPENDENT EXAMINER'S STATEMENT
FOR THE YEAR ENDED 30/06/2023
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF IDARAH MARUF BRITAIN LIMITED
I report on the accounts of the company for the year ended 30/06/2023 .
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The 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. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of Institute of Chartered Accountants in England and Wales .
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINERS 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 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.
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Idarah Maruf Britain Limited
INDEPENDENT EXAMINER'S STATEMENT
FOR THE YEAR ENDED 30/06/2023
INDEPENDENT EXAMINERS STATEMENT
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 386 of the Companies Act 2006; and
-
to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
...................................................
Date: 28/03/2024
CBS Accountants Ltd Chartered Accountant Unit 17, Orbital 25 Business Park Dwight Road Watford Hertfordfhire WD18 9DA 01923750950
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Idarah Maruf Britain Limited
Statement of Financial Activities for the year ended 30/06/2023
| Income Income from generated funds Income from charitable activities Total Income and endowments Expenses Costs of generating funds Expenditure on Charitable activities Total Expenses Net gains on investments Net Income Gains/(losses) on revaluation of fixed assests Net movement in funds: Net income for the year Total funds brought forward Net funds carried forward |
Unrestricted funds £ 3,491 3,491 3,064 3,064 427 427 29,997 30,424 |
Restricted funds £ 67,043 67,043 35,055 35,055 31,988 31,988 289,383 321,371 |
2023 Total £ 70,534 70,534 38,119 38,119 32,415 32,415 319,380 351,795 |
2022 Total £ 53,385 |
|---|---|---|---|---|
| 53,385 | ||||
| 31,256 | ||||
| 31,256 | ||||
| 22,129 | ||||
| 22,129 297,252 |
||||
| 319,381 |
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
page 6
| Idarah Maruf Britain Limited | 2022 £ 39 319,342 |
|||
|---|---|---|---|---|
| BALANCE SHEET AT 30/06/2023 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 TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES Unrestricted funds 6 General fund Restricted funds 7 |
352,066 352,066 300 |
2023 £ 29 351,766 351,795 30,424 321,371 351,795 |
319,692 319,692 350 |
|
| 319,381 | ||||
| 29,998 289,383 |
||||
| 319,381 |
For the year ending 30/06/2023 the company was entitled to exemption 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 directors acknowledge their 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.
Approved by the board of trustees on 28/03/2024 and signed on their behalf by
Waheeda Iffat Zamir (Mar 28, 2024,
............................. 11:22am)
Waheeda Iffat Zamir Drietco/rTrustee
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Idarah Maruf Britain Limited
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30/06/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
1b. Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
1c. Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
1d. Allocation And Apportionment Of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
1e. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
1f. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittings
reducing balance 25%
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Idarah Maruf Britain Limited
1g. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. EMPLOYEES
| Average number of employees 3. TANGIBLE FIXED ASSETS Cost At 01/07/2022 At 30/06/2023 Depreciation At 01/07/2022 For the year At 30/06/2023 Net Book Amounts At 30/06/2023 At 30/06/2022 4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors |
2023 No. - Fixtures and Fittings £ 1,496 1,496 1,457 10 1,467 29 39 2023 £ 300 300 |
2022 No. - Total £ 1,496 |
|---|---|---|
| 1,496 | ||
| 1,457 10 |
||
| 1,467 | ||
| 29 | ||
| 39 | ||
| 2022 £ 350 |
||
| 350 |
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Idarah Maruf Britain Limited
5. LIMITED BY GUARANTEE
The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £, to the company should it be wound up. At 30/06/2023 there were members.
6. UNRESTRICTED FUNDS
| General fund | Brought forward £ 29,997 29,997 |
Incoming resources £ 3,490 3,490 |
Outgoing resources £ (3,063) (3,063) |
Transfers £ - - |
Carried forward £ 30,424 |
|---|---|---|---|---|---|
| 30,424 |
7. RESTRICTED FUNDS
| Brought forward £ 289,383 289,383 |
Incoming resources £ 67,043 67,043 |
Outgoing resources £ (35,055) (35,055) |
Transfers £ - - |
Carried forward £ 321,371 |
|---|---|---|---|---|
| 321,371 |
page 10
Idarah Maruf Britain Limited
| Incoming Resources for the year ended 30/06/2023 Incoming resources Incoming resources from generated funds |
2023 £ 70,534 70,534 |
2022 £ 53,385 53,385 |
|---|---|---|
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Idarah Maruf Britain Limited
| Expenses for the year ended 30/06/2023 Expenses Costs of generating funds Charitable Activities Objectives and activities Seminars and Catering Accountancy fees Donation (Qurbani) Donation (Water Wells) Donation (Floods) Donation (Earthquake) Bank charges Depreciation of fixtures and fittings |
2023 £ 2,433 300 10,030 10,340 120 14,565 321 10 38,119 38,119 |
2022 £ 876 - 11,135 19,015 - - 217 13 |
|---|---|---|
| 31,256 | ||
| 31,256 |
page 12
Issuer CBS Accountants Ltd Document generated Thu, 28th Mar 2024 11:07:09 UTC Document fingerprint fba703919a426962f78985a49fccb5af
Parties involved with this document
Document processed
Party + Fingerprint
Thu, 28th Mar 2024 11:22:49 UTC Waheeda Iffat Zamir - Signer (393441696b41456b408c66e9c07656d1) Audit history log Date Action Thu, 28th Mar 2024 11:22:50 UTC Waheeda Iffat Zamir viewed the envelope (82.4.93.112) Thu, 28th Mar 2024 11:22:49 UTC This envelope has been signed by all parties (82.4.93.112) Thu, 28th Mar 2024 11:22:49 UTC Waheeda Iffat Zamir signed the envelope (82.4.93.112) Thu, 28th Mar 2024 11:21:30 UTC Waheeda Iffat Zamir viewed the envelope (82.4.93.112) Thu, 28th Mar 2024 11:17:40 UTC Waheeda Iffat Zamir viewed the envelope (82.4.93.112) Thu, 28th Mar 2024 11:17:23 UTC Waheeda Iffat Zamir opened the document email. (172.226.183.17) Thu, 28th Mar 2024 11:09:16 UTC Document emailed to mrswaheedaiffatzamir@gmail.com (18.168.254.208) Thu, 28th Mar 2024 11:09:16 UTC Sent the envelope to Waheeda Iffat Zamir (mrswaheedaiffatzamir@gmail.com) for signing (92.27.161.207) Thu, 28th Mar 2024 11:08:23 UTC Waheeda Iffat Zamir has been assigned to this envelope (92.27.161.207) Thu, 28th Mar 2024 11:07:12 UTC Document generated with fingerprint fba703919a426962f78985a49fccb5af (92.27.161.207) Thu, 28th Mar 2024 11:07:09 UTC Envelope generated by Asim Zaman (92.27.161.207)