Registered Charity Number 1142204 Kowneyn Education and Cultural Centre Report and Accounts For The Year Ended 31st March 2022 Report and Accounts ## **Kowneyn Education and Cultural Centre** ## **The report of the trustees for the year ended 31 March 2022** ## **Introduction** The trustees present their annual report and accounts for the year ended 31st March 2020 The board of trustees are satisfied with the performance of the charity during the year and the position at 31st March 2020 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations. ## **Name, registered office and constitution of the charity** The Full name of the charity is: Kowneyn Education and Cultural Centre _Date of formation_ 02 June 2011 _The Principal Office is_ THE GARRISON CENTRE 106 GARRISON LANE BIRMINGHAM B9 4BS _Charity Registration Number_ 1142204 _The telephone number is_ 07947435156 ## _**A summary of the objects of the charity as set out in its governing document.**_ The trustees shall hold the trust funds and its income upon trust to apply them for the following objects (the objects) for any charitable purposes for the benefit of the community in Bordesley green in the city of Birmingham (the area of benefit),and in particular the advancement of the Islamic religion primarily but not exclusively, and any other charitable purposes which the trustees from time to time determine are suitable to be pursued in connection with such advancement including the relief of poverty and sickness, the promotion of education and the provision in the interests of social welfare of recreational facilities. ## **Structure, Governance and Management** _**Nature of**_ The charitable trust consisted by deeds (“the charity “) and its property (“the trust _**the**_ fund”) shall be administered and managed by the trustees under the name of Kowneyn _**Governing**_ Education and Cultural Centre or by such other name as the trustees. _**Document and**_ from time to time decide with the approval of the Charity commission of England and _**constitution**_ Wales (“The Commission”). _**of the charity**_ The trustees shall hold the trust funds and its income upon trust to apply them for following objects (“The Objects “): The trustees shall hold the trust funds and its income upon trust to apply them for the following objects (the objects) for any charitable purposes for the benefit of the community in Bordesley green in the city of Birmingham (the area of benefit),and in particular the advancement of the Islamic religion primarily but not exclusively, and any other charitable purposes which the trustees from time to time determine are suitable to be pursued ## **Financial Review** The financial statements have been prepared implementing the 2005 Revision of the _**Transactions**_ Statement of Recommended Practice for Accounting and Reporting by Charities issued _**and**_ by the Charity Commission for England and Wales (effective April 2005) and in accordance with the Financial Reporting Standard for Smaller Entities **( effective** _**Financial**_ **January 2007)** .As stated in the introduction to this report, the trustees consider the _**position**_ financial performance by the charity during the year to have been satisfactory. ## **The members of the Board of Trustees of the Charity during the year ended** **31st** Mr Mohamud salah **March** Mr Asli Hassa Mahamed **2022** Mr Abdulmajid Mohamed Hersi **were :-** Mr Hassan Abdirizak Mr Hussen Abdillah Osman At the Annual General Meeting 13 January 2023 ## **Statement of Trustees' Responsibilities** Charity Law requires the Board to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is 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 business. - state whether applicable accounting standards and statements of The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act. 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. ## **Kowneyn Education and Cultural Centre** ## **Independent Examiner's Report to the members of the charity** ## **Report of the Independent Examiner to the trustees** **on the accounts of the Charity for the year ended 31.03.2022** ## **Respective responsibilities of trustees and examiner** The Charity's trustees are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 43(2) of the Charities Act 1993 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. Consequently, the trustees have elected that the financial statements be subject to independent examination. Having satisfied myself that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility to: - a) examine the accounts under section 43 of the Act. b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, and. c) to state whether matters have come to my attention. I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting **Basis of opinion and scope of work** systems employed by the Charity and a comparison of the financial statements presented with those records. **undertaken** It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the Statement of Recommended Practice issued by the Charity Commissioners for England & Wales ( **effective April 2008** ), on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below. Accountants The professional qualifications of the examiner are: - Mr M.Jibrill Tel: 0121 270 3966 Fax: 0121 247 5366 info@starlinkaccountants.co.uk www.starlinkaccountants.co.uk Starlink Accountants 26 Grange Road, Small Heath Birmingham B10 9QN The date upon which my opinion is expressed is: - 27 April 2023 ## **Kowneyn Education and Cultural Centre Statement of Financial Activities for the year ended 31 March 2022** |||||**Total**| |---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**Funds**| |**Notes**|**2022**|
**2022**|
**2022**|
**2021**| ||**£**|
**£**|
**£**|
**£**| |**Incoming resources**||||| |**_Incoming resources from_**||||| |**_generated funds_**||||| |Activities for generating funds|36,159|
-|
36,159|
37,219| |**_Other Incoming Resources_**|-|
-|
-|
10,000| |**Total incoming resources**|**36,159**|
**-**|**36,159**|
**47,219**| |**_Costs of charitable activities_**|39,746|
-|39,746|
42,021| |**Total resources expended**|39,746|
-|39,746|
42,021| |**(Net outgoing resources)/net incoming resources**||||| |**before transfers between funds**|(3,587)|-|
(3,587)|5,198| |**(Net outgoing resources)/net incoming resources before**||||| |**Other recognised gains and**||||| |**losses**|(3,587)|-|
(3,587)|5,198| |**Other recognised gains and**||||| |**losses**||||| |**Net movement in funds**|(3,587)|-|
(3,587)|5,198| |**Reconciliation of funds**||||| |**_Total funds brought forward_**|-|145,284|145,284|
145,284| |**Total Funds carried forward**|**(3,587)**|**145,284**|**141,697**|
**150,482**| |**Income and Expenditure Account**
**for the year ended 31 March 2022**
**2022**
**£**
**Turnover**
36,159
Direct costs of turnover
39,746
**Gross deficit**
(3,587)
**Operating deficit**
(3,587)
Realised Gains on investments
-
**(Deficit)/surplus on ordinary activities before tax**
(3,587)
**(Deficit)/surplus for the financial year**
(3,587)
Gift Aid Payments
-
**Retained (deficit)/surplus for the financial year**
(3,587)
**All activities derive from continuing operations**
**Statement of Total Recognised Gains and Losses**
**for the year ended 31 March 2022**
Excess of Expenditure over income before realisation of assets
Realised Gains on investments
Profit per Profit and Loss account
**Net Movement in funds before taxation**|**2022**
**£**
36,159
39,746|




**2022**
(3,587)
-|**2021**
**£**
37,219
42,021| |---|---|---|---| ||(3,587)||(4,802)| ||(3,587)
-||(4,802)
10,000| ||(3,587)||5,198| ||(3,587)
-||5,198
-| ||(3,587)||5,198| ||||
**2021**
(4,802)
10,000| |||(3,587)|5,198| |||(3,587)|5,198| ## **Movements in revenue and capital funds** ## **for the year ended 31 March 2022** |**Revenue accumulated**
**funds**
Accumulated funds brought
forward
Recognised gains and losses
before transfers
**Closing revenue accumulated**
**funds**
**Designated revenue funds**
At 1 April
At 31 March
**Summary of funds**
Revenue accumulated funds
Revenue designated funds
**Total funds**||**Unrestricted**
**Restricted**
-
-
(3,587)
-|**Total**
**Funds**
**2022**
**£**

-
(3,587)|**Last**
**year**
**Funds**

**2022**

**£**

-
5,198|**Funds**
**Total**
**Funds**

**2022**
**2021**

**£**
**£**

| |---|---|---|---|---|---| ||||(3,587)|-|| |||(3,587)
-|(3,587)|5,198|| |||||**Last**
**year**|| |||||-|| ## **Kowneyn Education and Cultural Centre Balance Sheet as at 31 March 2022** |**Notes**
**_The assets and liabilities of the charity :_**
**Fixed assets**
Land & buildings - freehold
**Current assets**
Debtors
Cash at bank and in hand
5,697
**_Net current assets_**
**_Total assets less current liabilities_**
**Creditors: -**
amounts due after more than one
year
6
**Net assets including pension asset / liability**
**_The funds of the charity:_**
**Unrestricted income funds**
Net revenue funds
**Unrestricted capital funds**
Designated revenue funds
-
**Total charity funds**|5,697|**2022**
**£**
192,000

5,697
197,697
(56,000)
141,697
-
3,587

145,284
141,697|28,284|**2021**
**£**
192,000

28,284| |---|---|---|---|---| ||||-|| |||||220,284
(75,000)| |||||145,284| |||||5,198

140,086| |||||145,284| ## **Kowneyn Education and Cultural Centre Notes to the Accounts** ## **for the year ended 31 March 2022** ## **1 Accounting policies** ## _**Basis of preparation of the accounts**_ ## _**Accounting convention**_ ## _**Incoming Resources**_ Incoming resources consist of donations and membership contributions are accounted for on a receivable basis. ## _**Fixed assets and depreciation**_ |2
Winding up or dissoluton of the charity.
3
(Defcit)/surplus for the fnancial year
£
This is stated afer creditng: -
Revenue Turnover from ordinary actvites
**5**
**Staff Costs and Emoluments**
Gross Salaries
**6**
**Creditors:- Amounts Falling due after one year**
Amounts due to associated to the members
**7**
**Analysis of the Net Movement in Funds**
Net movement in funds from Statement of Financial Activities
Net resources applied on functional fixed assets
Realised gains on investments
**Net movement in funds available for future activities**|2022
36,159
**2022**
**£**
2,600
**2022**
**£**
56,000
**2022**
**£**
(3,587)
(3,587)
-| |---|---| ||(7,174)| ||**Particulars of Individual Funds and analysis of**|**Particulars of Individual Funds and analysis of**|**assets and liabilities representing**|**assets and liabilities representing**|| |---|---|---|---|---|---| |**8**|**funds**||||| |||**funds**|
**funds**|**funds**|| ||||**£**|**£**|**£**| ||Tangible Fixed Assets||-|-|-| ||Current Assets|5,697||-|-| ||Long Term Liabilities|(56,000)||-|-| |||5,697||-|-| ||||**£**|**£**|**£**| |**Funds at**
**Movements**
**2021**
**in**
**Funds**
**as below**
**£**
**£**
145,284
(154,069)
(145,284)
154,069
**Analysis of movements in funds as shown in the table above**
**Incoming**
**Outgoing**
**Resources**
**Resources**
**£**
**£**
36,159
39,746
(36,159)
(39,746)|**Transfers**
**Between**
**funds**
**£**| |---|---| ||-| ||-
**Gains &**
**Losses**
**£**| ||-| ||-| ## **Kowneyn Education and Cultural Centre Schedule to the Statement of Financial Activities for the year ended 31 March 2022** |**Incoming Resources**
**Donations**
**Grants, legacies and donations**
**Activities for generating funds**
Donations
Members Contributions
**Total of activities for generating funds**
**Other Incoming Resources**
Local restriction grant
**Total Incoming Resources**
**Costs of generating funds**
**Charitable expenditure**
Volunteers' Costs
Lecturer
**_Premises Costs_**
Rent payable
Rates, water and service charges
Light and heat
Cleaning
Premises repairs and renewals
**_General administrative expenses:_**
Postage
Health and safety costs
Sundry expenses
**Total Support costs**
**Total Expended on Charitable Activities**|**Unrestricted**
**Restricted**
**Total**
**Prior**
**Period**
**Funds**
**Funds**
**Funds**
**Total**
**Funds**
**2022**
**2022**
**2022**
**2021**
**£**
**£**
**£**
**£**
18,896
-
**18,896**
**10,500**
17,263
-
**17,263**
**26,719**| |---|---| ||**36,159**
**-**
**36,159**
**37,219**| ||-
-
**-**
**10,000**| ||**-**
**-**
**-**
**10,000**| ||**36,159**
**-**
**36,159**
**47,219**| ||1,792
-
1,792
-
2,600
-
2,600
-| ||**4,392**
**-**
**4,392**
**-**| ||-
-
-
750
-
-
-
600
1,708
-
1,708
8,717
2,218
-
2,218
-
31,428
-
31,428
26,902| ||**35,354**
**-**
**35,354**
**36,969**| ||-
-
-
902
-
-
-
3,250
-
-
-
900| ||**-**
**-**
**-**
**5,052**| ||**39,746**
**-**
**39,746**
**42,021**| ||39,746
-
39,746
42,021| ## **Appendix 1** **Analysis of Total Incoming & Outgoing Resources by Activity for the year ended 31 March 2022** |**_Incoming resources from generated funds_**
Members contributions
Donations
Investment Income
**_Incoming resources from charitable activities_**
**_Other Incoming Resources_**
**Total Incoming Resources**
**_Costs of generating funds_**
Costs of generating voluntary income
Fundraising trading - costs of goods and other costs
Investment management costs
**_Costs of charitable activities_**
**_Governance costs_**
**_Other resources expended_**
**Total resources expended**
**Net Incoming Resources by activity**|**2022**
**2021**
**Fundraisin Other**
**Activity 2**
**Activity 3**
**Activity 4**
**Activity 5**
**Total**
**Total**
**Activities**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
36,159
37,219
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
10,000| |---|---| ||-
-
-
-
-
-
36,159
47,219| ||-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
39,746
42,021
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-| ||-
-
-
-
-
-
39,746
42,021| ||-
-
-
-
-
-
(3,587)
5,198|