2021-04-30-accounts - Croydon Islamic Academy

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Registered number 07225165 CROYDON ISLAMIC ACADEMY Accounts 30 April 2021

CROYDON ISLAMIC ACADEMY Report and accounts Contents

	Page
Company information	1
Accountants' report	2
Profit and loss account	3
Balance sheet	4

CROYDON ISLAMIC ACADEMY Company Information

Directors

Muhammad Ashraf Hansrot Mohammed Qadeer Shiraj Saleh Mohammad Parvez Saumtally

Accountants

Maxpro Accountants & Tax Advisers Ltd 554 Streatham High Road London SW16 3QG

Registered number 07225165

CROYDON ISLAMIC ACADEMY Accountants' Report

Accountants' report to the directors of CROYDON ISLAMIC ACADEMY

You consider that the company is exempt from an audit for the year ended 30 April 2021. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account and the Balance Sheet from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

Maxpro Accountants & Tax Advisers Ltd Chartered Certified Accountants

554 Streatham High Road London SW16 3QG

27 January 2022

CROYDON ISLAMIC ACADEMY Profit and Loss Account for the year ended 30 April 2021

Income Staff costs Other charges Net income/(expenditure) before tax for the reporting period Net income/(expenditure) after tax for the reporting period	2021 £ 121,202 (8,079) (9,507) 103,616 103,616	2020 £ 94,099 (15,422) (5,717)
		72,960
		72,960

CROYDON ISLAMIC ACADEMY Registered number: 07225165 Balance Sheet as at 30 April 2021

Fixed assets Current assets Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year Net assets Members' funds Average number of employees	2021 £ 475,449 119,811 (1,415) 118,396 593,845 (186,667) 407,178 407,178 Number 2	2020 £ 449,459 55,842 (1,739) 54,103 503,562 (200,000) 303,562 303,562 Number 2	2020 £ 449,459 55,842 (1,739) 54,103 503,562 (200,000) 303,562 303,562 Number 2

			503,562 (200,000)
			303,562
			303,562
			Number 2

The company is a private company limited by guarantee and incorporated in England. Its registered office is 58-60 Norwood High Street, London, England, SE27 9NR.

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Muhammad Ashraf Hansrot Director Approved by the board on 27 January 2022

CROYDON ISLAMIC ACADEMY

Detailed profit and loss account items for the year ended 30 April 2021

This schedule does not form part of the statutory accounts

Income Rent from Flats above HMRC JRS GRANT Donations Water Appeal Staff costs Wages and salaries Other charges Premises costs: Rates Light and heat General administrative expenses: Telephone and internet Covid Help Bank charges Insurance Repairs and maintenance Legal and professional costs: Accountancy fees Other legal and professional	2021 £ 23,793 726 96,683 - 121,202 8,079 - 723 723 584 3,000 129 1,351 3,600 8,664 120 - 120 9,507	2020 £ 26,400 - 65,911 1,788
		94,099
		15,422
		1,392 385
		1,777
		165 - 111 1,294 1,000
		2,570
		120 1,250
		1,370

		5,717

Croydon Islamic Academy

(A company limited by guarantee)

Report of the Trustees

For the period ended 30 April 2021

The trustees present their report and the financial statements for the period ended 30 April 2021.The trustees, who are also directors for the purpose of the company law and who served during the period and up to the date of this report are set out on page 1.

Structure, governance and management Governing documents The charity is registered and incorporated in the UK with charity number 1141001 company registration number; 07225165. It’s a private company limited by guarantee, no share capital. It was incorporated on 15th April 2010. The charity is governed by its memorandum and article of association.

Organisation the board consist of four trustees’. The Charity holds annual general meeting each year in addition to any other meetings in that period.

The Trustees’ who have served during the period are:

Mr. Mohammed Qadeer

Mr.ShirajSaleh

Mr. Mohammad ParvezSaumtally

Mr.Muhamamd Ashraf Hansrot

Appointment and retirement of trustees

The power of appointing and removal of trustees is vested in the existing trustees in for the time being. This is done by at least two-thirds majority resolution of all existing trustees and whenever a trustee is so appointed or removed a memorandum of this shall is prepared and signed and sealed by the person presiding at such meeting and attested by two signatories appointed and authorized so to act under the Article.

Risk management

The Trustee have examined the major strategic, business and operational risks which the charity faces and confirm that the systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.

Objectives, aims and activities

The advancement of religion according to the tenets of Islam.

The advancement of education of Muslim children in accordance with the tenets and doctrine of Islam.

The relief of poverty particularly among Muslims.

Buying a Place of Worship

Allhamdoillah Croydon Islamic Academy has now bought the Place in West Norwood London and its currently serving as a Local Mosque and Quran Learning centre. We would need further Funds to accommodate to meet the demand of Local worshipers as Mosque is not able to meet the demands. We are holding local fundraising events to collect more donations.

Statements of trustees’ responsibilities

The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Company law requires the trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charity and of the surplus of deficit of the charity for that period. In preparing these financial statements, the trustees are required to:

Select suitable accounting policies and then apply them consistently;
Make judgements and estimates that are reasonable and prudent; and

Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustee are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

This reports was approved by the board on 5th May 2021 and signed on its behalf by

Mohammed Ashraf Hansrot

Trustee