REGISTERED CHARITY NUMBER: 1140179
TRUSTEES' REPORT AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021
FOR
AS-SALAM TRUST
Watergates Ltd 109 Coleman Road Leicester LE5 4LE
AS-SALAM TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021
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Page
Trustees' Report 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Statement of Financial Position 7
Notes to the Financial Statements 8 to 13
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AS-SALAM TRUST
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2021
The trustees present their report with the financial statements of the charity for the year ended 31st 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity objectives are to promote the teachings and tenets of Islam in accordance with the Ahlus-sunnah Wal Jamaa-ah school of thought in providing facilities for worship and Islamic education.
The Charity also aims to provide community learning programmes, through language and citizenship classes, seminars and functions to advance public education.
The Charity also aims to provide assistance to alleviate food poverty in the local and wider community.
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AS-SALAM TRUST
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2021
ACHIEVEMENT AND PERFORMANCE Charitable activities
Through the efforts of the trustees and volunteers the Charity has managed to raise its profile and support for its contributions to the community.
We continue to provide essential food parcels every Wednesday throughout the whole year. The financial impacts of covid was still felt into 2021 with more & more people turning to food bank's while in between jobs & searching for employment.
Visits to senior citizens and vulnerable people in the area distributing free hampers increased whereby we got to have a friendly chat with the residents, many who were old. We gave out parcels of essentials as well as some treats.
Working with different businesses & charities we were able to hand out essential warm clothing items such as blankets, scarves, socks & hats, especially to the elderly residents who are struggling to buy food and keep warm during the colder months. We also partnered with other charities to collect second hand & new coats for free distribution to the homeless This has been through the efforts of the trustees and volunteers.
The Charity has managed to raise its profile yet again and support for its proposed contributions to the community.
This has been greatly achieved by the Peace Centre FoodBank which is proving extremely beneficial, especially to those affected by various cuts being made. These were handed out as follows;
A total of 2730 large to extra large food parcels were given to families in need. A total of 1935 medium food parcels were given to pensioners, single people & couples in need, bringing the grand total of 4665 food parcels handed out or delivered completely free of charge. This equates to almost 109,000 meals.
The Peace Centre FoodBank saw parcels being sent out to people who were in isolation, people who were ill & others in urgent need throughout the whole of Leicestershire.
We worked in partnership with volunteers, who hand delivered many of these food parcels daily to homes/residences of the most vulnerable & the elderly.
The impact of covid still lingers on and has meant that many more people, young, old, single & families have turned to the Peace Centre FoodBank to help put food on the table.
The general public, businesses & charities have donated generously to the charity, with many people wanting to make a positive contribution towards the charitable activities which was reflected in the rise of general donations.
The charity is still in negotiations with the Leicester City Council to obtain landlords permission to carry out much needed improvements & renovations to the site which it has been using since 2013. These works will better facilitate charitable activities, give the ability to help more of the community in more ways & plans are also being put into place to make the building more energy friendly in the charities vision to make it a "Greener" place, contributing to the environment positively.This has been conveyed to the general public and they have responded positively.
Unfortunately due to the restrictions we were unable to hold the annual community event once again.
Education: There are daily, weekly & occasional classes & courses and seminars held at the Peace Centre catering for all members of the community of all ages. This has helped enhance community cohesion & benefits the students on various levels too. Due to covid-19, lessons were continued online where children can not attend due to poor health.
More classes have been planned for the near future as they have been very well received by all.
The Autism Community Club is still running and very well received at the Peace Centre. This has been of great benefit to those in the community with families coming from other areas too.
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AS-SALAM TRUST
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2021
As with all charities, the As-Salaam Trust needs the finances to provide services to the community, many of which are free. The community identified the great work being carried out by the Peace Centre FoodBank in & came forward and helped very generously by giving their time, vehicles & donations to help fulfil the huge demand for food in Leicestershire.
The charity also raises funds through various online donation facilities to make it easier for people out of Leicester to donate & support the charity.
FINANCIAL REVIEW
Reserves policy
Unrestricted General Reserves
The charity continues to raise sufficient free funds to cover ongoing projects keeping a small surplus to extend activities when required with minimal or no charge to the recipients. We continue to raise funds which will be utilised for the refurbishment of the premises once a reliable building contractor has been arranged.
Restricted Reserves (Property Fund)
Funds in the past years have been raised for the purchase of a property, although the charity has procured a long lease property, it will continue to hold funds should an opportunity arise in the future to purchase the leasehold or extend charitable activities at another site.
Restricted Reserves (Refurbishment Fund)
Funds have been raised for the refurbishment of current leasehold premisses to get them modernised.
Restricted Reserves (FoodBank Fund)
Donations are received specifically for the FoodBank activities surpluses are carried forward to following periods to meet the regular planned quotas.
FUTURE PLANS
We aim to continue with providing the current & additional services for the benefit of the community. Our volunteer database is growing & this will enable us to grow as a charity to benefit the community at large.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The As-Salaam Trust is an unincorporated Charity, with a trust deed adopted on 20/12/2010 and registered with the Charity Commissioners under charity number 1140179 on 02/02/2011.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 1140179
Principal address
The Peace Centre Thurncourt Road Leicester LE5 2NG
Trustees
Mr G M Lockhat Mrs A Lockhat Mr A Ravat Mr M I Nawab
Independent Examiner
Watergates Ltd 109 Coleman Road Leicester LE5 4LE
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AS-SALAM TRUST
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2021
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. Mr G M Lockhat - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AS-SALAM TRUST
Independent examiner's report to the trustees of As-Salam Trust
I report to the charity trustees on my examination of the accounts of As-Salam Trust (the Trust) for the year ended 31st December 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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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.
Nazir Malida Watergates Ltd 109 Coleman Road Leicester LE5 4LE
Date: .............................................
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AS-SALAM TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2021
| 31/12/21 Unrestricted Restricted Total fund funds funds Notes £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 97,274 22,929 120,203 Charitable activities Religious facilities and social projects 945 1,352 2,297 Other trading activities 2 2,412 - 2,412 Investment income 3 - 4 4 Total 100,631 24,285 124,916 EXPENDITURE ON Charitable activities Religious facilities and social projects 93,737 15,848 109,585 NET INCOME 6,894 8,437 15,331 RECONCILIATION OF FUNDS Total funds brought forward 105,168 144,269 249,437 TOTAL FUNDS CARRIED FORWARD 112,062 152,706 264,768 |
31/12/20 Total funds £ 98,587 10,760 4,967 44 114,358 90,237 24,121 225,316 249,437 |
|---|---|
The notes on page 0 form part of these financial statements
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AS-SALAM TRUST
STATEMENT OF FINANCIAL POSITION 31ST DECEMBER 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 8,832 CURRENT ASSETS Debtors 8 1,421 Cash at bank and in hand 105,153 106,574 CREDITORS Amounts falling due within one year 9 (3,344) NET CURRENT ASSETS 103,230 TOTAL ASSETS LESS CURRENT LIABILITIES 112,062 ACCRUALS AND DEFERRED INCOME 10 - NET ASSETS 112,062 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 22,634 10,000 129,533 139,533 - 139,533 162,167 (9,461) 152,706 |
31/12/21 Total funds £ 31,466 11,421 234,686 246,107 (3,344) 242,763 274,229 (9,461) 264,768 112,062 152,706 264,768 |
31/12/20 Total funds £ 22,134 10,810 236,435 247,245 (9,130) 238,115 260,249 (10,812) 249,437 105,168 144,269 249,437 |
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The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Mr G M Lockhat - Trustee
The notes on page 0 form part of these financial statements
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AS-SALAM TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021
1. ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
INCOME
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
EXPENDITURE
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.
TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 10% on cost Fixtures and fittings - 15% on cost
TAXATION
The charity is exempt from tax on its charitable activities.
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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AS-SALAM TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021
2. OTHER TRADING ACTIVITIES
| 2. OTHER TRADING ACTIVITIES |
|
|---|---|
| Shop income | 31/12/21 31/12/20 £ £ 2,412 4,967 |
| 3. INVESTMENT INCOME Deposit account interest |
31/12/21 31/12/20 £ £ 4 44 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st December 2021 nor for the year ended 31st December 2020.
Included within wages costs is £24,000 (2019: £24,000). which relates to wages paid to Mr G M Lockhat a Trustee, for his services in the management of the center.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31st December 2021 nor for the year ended 31st December 2020.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
6.
| Project worker | 31/12/21 7 |
31/12/20 7 |
|
|---|---|---|---|
| No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Religious facilities and social projects Other trading activities Investment income |
ACTIVITIES Unrestricted fund £ 62,711 9,408 4,967 - |
Restricted funds £ 35,876 1,352 - 44 |
Total funds £ 98,587 10,760 4,967 44 |
| Total | 77,086 | 37,272 | 114,358 |
| EXPENDITURE ON Charitable activities Religious facilities and social projects NET INCOME/(EXPENDITURE) |
81,596 (4,510) |
8,641 28,631 |
90,237 24,121 |
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AS-SALAM TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021
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6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund funds funds
£ £ £
RECONCILIATION OF FUNDS
Total funds brought forward 109,678 115,638 225,316
TOTAL FUNDS CARRIED FORWARD 105,168 144,269 249,437
7. TANGIBLE FIXED ASSETS
Fixtures
Long and Motor
leasehold fittings vehicles Totals
£ £ £ £
COST
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At 1st January 2021 33,420 5,600 39,020
Additions 6,538 - 9,000 15,538
At 31st December 2021 39,958 5,600 9,000 54,558
DEPRECIATION
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At 1st January 2021 13,328 3,558 16,886
Charge for year 3,996 410 1,800 6,206
At 31st December 2021 17,324 3,968 1,800 23,092
NET BOOK VALUE
At 31st December 2021 22,634 1,632 7,200 31,466
At 31st December 2020 20,092 2,042 - 22,134
8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/21 31/12/20
£ £
Other debtors 10,054 10,000
Prepayments and accrued income 1,367 810
11,421 10,810
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AS-SALAM TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Taxation and social security Other creditors |
31/12/21 31/12/20 £ £ 581 522 2,763 8,608 |
|---|---|
| 3,344 9,130 |
|
| 10. ACCRUALS AND DEFERRED INCOME Deferred government grants |
31/12/21 31/12/20 £ £ 9,461 10,812 |
The charity received a security grant from the Home Office in 2019. Inline with the terms of the grant it was used for specific areas of the ongoing refurbishment. As the refurbishment costs were capitalised and amortised, the treatment of the grant will follow suit and be released to the statement of financial activities.
11. MOVEMENT IN FUNDS
| At 1.1.21 £ Unrestricted funds General fund 105,168 Restricted funds Property fund 60,728 Refurbishment 63,349 Collections for other organisations 1,691 Food Bank 18,501 144,269 TOTAL FUNDS 249,437 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 100,631 Restricted funds Property fund 1,429 Refurbishment 5,979 Food Bank 16,877 24,285 TOTAL FUNDS 124,916 |
Net movement in funds £ 6,894 1,429 1,983 - 5,025 8,437 15,331 Resources expended £ (93,737) - (3,996) (11,852) (15,848) (109,585) |
At 31.12.21 £ 112,062 62,157 65,332 1,691 23,526 152,706 264,768 Movement in funds £ 6,894 1,429 1,983 5,025 8,437 15,331 |
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AS-SALAM TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Property fund Refurbishment Collections for other organisations Food Bank TOTAL FUNDS |
At 1.1.20 £ 109,678 58,954 56,684 - - 115,638 225,316 |
Net movement in funds £ (4,510) 1,774 6,665 1,691 18,501 28,631 24,121 |
At 31.12.20 £ 105,168 60,728 63,349 1,691 18,501 144,269 249,437 |
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Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Property fund Refurbishment Collections for other organisations Food Bank TOTAL FUNDS |
Incoming resources £ 77,086 1,774 10,007 1,691 23,800 37,272 114,358 |
Resources expended £ (81,596) - (3,342) - (5,299) (8,641) (90,237) |
Movement in funds £ (4,510) 1,774 6,665 1,691 18,501 28,631 24,121 |
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AS-SALAM TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2021
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Property fund Refurbishment Collections for other organisations Food Bank TOTAL FUNDS |
At 1.1.20 £ 109,678 58,954 56,684 - - 115,638 225,316 |
Net movement in funds £ 2,384 3,203 8,648 1,691 23,526 37,068 39,452 |
At 31.12.21 £ 112,062 62,157 65,332 1,691 23,526 152,706 264,768 |
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A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Property fund Refurbishment Collections for other organisations Food Bank TOTAL FUNDS |
Incoming resources £ 177,717 3,203 15,986 1,691 40,677 61,557 239,274 |
Resources expended £ (175,333) - (7,338) - (17,151) (24,489) (199,822) |
Movement in funds £ 2,384 3,203 8,648 1,691 23,526 37,068 39,452 |
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12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st December 2021.
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