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2021-03-31-accounts

REGISTERED COMPANY NUMBER: 07556235 (England and Wales) REGISTERED CHARITY NUMBER: 1144566

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 FOR

EID CELEBRATION COMMITTEE

Adams and Moore Chartered Certified Accountants Adams and Moore House Instone Road Dartford KENT DA1 2AG

EID CELEBRATION COMMITTEE

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Page
Report of the Trustees 1 to 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 12
Detailed Statement of Financial Activities 13

EID CELEBRATION COMMITTEE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number 07556235 (England and Wales)

Registered Charity number

1144566

Registered office

Adams & Moore House Instone Road Dartford DA1 2AG

Page 1

EID CELEBRATION COMMITTEE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

REFERENCE AND ADMINISTRATIVE DETAILS Trustees

1.1 Charity Name & Registration

Eid Celebration Committee

The charity is a company limited by guarantee, registration no: 1144566, registered with the Charity Commission on 08 November 2011.

The charity is registered with HM Revenue & Customs

1.2 Charity's Address

Adams & Moore House, Instone Road, Dartford DA1 2AG

e-mail: info@1eid.net website: www.1eid.net

1.3 Names of the Trustees Who Manage the Charity

Jalal Mohabbat (Chair) Mahammad Qaalib Noah Mohamad Sheraz Mirza Momtahena Jaigirdar (General secretary)

2 Structure, Governance & Management

2.1 Type of Governing Document

Memorandum and Articles incorporated 08/03/2011 as amended by special resolution registered at companies house on 03 September 2020

The Charity is a company limited by guarantee without shares capital.

2.2 Charitable Objects

  1. to advance the Muslim religion for the benefit of the public through the holding of prayer meetings, lectures, public celebration of religious festivals producing and/or distributing literature on the Islamic faith to enlighten others about the Muslim religion.

  2. the promotion of religious harmony for the benefit of the public by:

a) educating the public in different religious beliefs including an awareness of their distinctive features and their common ground to promote good relations between persons of different faiths;

b) promoting knowledge and mutual understanding and respect of the beliefs and practices of different religious faiths.

  1. to promote social inclusion for the public benefit by working with people who are socially excluded on the grounds of their ethnic origin, religion, belief or creed (in particular, members of the Muslim community) to relieve the needs of such people and assist them to integrate into society, in particular by:

a) providing a local network group that encourages and enables members of the Muslim community to participate more effectively with the wider community;

b) Increasing, or co-ordinating, opportunities for members of the Muslim community to engage with service providers, to enable those providers to adapt services to better meet the needs of that community.

  1. the relief and assistance of people in any part of the world who are the victims of war or natural disaster, trouble, or catastrophe by:

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EID CELEBRATION COMMITTEE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees

a) arranging for the purchase and delivery of aid to such areas; co-operating with others to get aid to the right place; b) identifying the real needs of those affected by disaster and ways of meeting those needs.

  1. to provide or assist in the provision of facilities in the interest of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social and economic circumstances with the object of improving their conditions of life.

3 Activities

3.1 Statutory Declaration

The Trustees of the Eid Celebration Committee confirm that they have paid due regard to the guidance issued by the Charity Commission on public benefit in deciding what activities the charity should undertake.

3.2 Changes in Charity Objects

1Eid always had the intentions to be global and fulfil our aims of social inclusion and bringing communities together. Our platform has been used successfully to make awareness of those less fortunate and thus we feel we can serve both purposes through our donors, to give people their basic human needs (food/water/shelter / education/ healthcare) but also the human need of joy, hope and community which is just as important.

Our donors want to support the work we are doing here in the UK but also want us to support those abroad as this is the very essence of Eid itself to want for others what you want for yourself. This request had been made to us consistently thus felt right that the charity moved in this direction to achieve its purpose.

The original objects were created in 2011 with the intention of always being able to fulfil this expansion into giving the gift of Eid to those less fortunate. The requirement of the objects needed to be updated to be more detailed and in line with the direction our charity is evolving into organically.

The benefits it will bring to the charity are the following;

4 Achievements & Performance

4.1 Outputs and Outcomes for the Charity's Beneficiaries

2020 Lockdown was an expected event for all. In particular our charity work came to a grinding hault. Many plans for events and celebrations had to be cancelled and our work suffered greatly through the impact. 1Eid realise on it's events to help fund and support the free services we offer and the many people in our community we support. The team came together to discuss how we could still continue the work we do by providing additional support those in our community suffering from this global pandemic. With very little resource our team still try to keep the sprit of 1Eid ethos alive. 2020 The following work was carried out by the Eid Celebration Committee (1Eid)

Page 3

EID CELEBRATION COMMITTEE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

REFERENCE AND ADMINISTRATIVE DETAILS Trustees

4.2 How the Public Have Benefitted.

(1) United Kingdom

(a) Offering support and space for those suffering from loneliness and struggling with lockdown

(b) Inviting and educating other to learn the essence and beauty of Islam in a fun filled and auspicious online event with a family orientation.

(c) Supporting vulnerable families in the local community with essential needs during the month of Ramadan

(d) Supporting our NHS staff in their time of need and acknowledging the efforts they are making.

(2) Africa

(a) Five Mosques were built enabling over 1,200 worshippers to attend five daily prayers.

(b) Children classes started in the Masajid newly built.

(c) Some villagers travelled for a very long distance to attend prayers and the new builds are very close making it easier for communities to come together. The masjid now serves the purpose of being the hub of the community.

(d) Food packs are prepared for the less fortunate families during the month of Ramadan to ensure everyone was provided with Iftaar and Suhoor meals

5 Financial Review

5.1 Details of Any Funds Materially in Deficit

The Charity has no funds which are materially in deficit.

5.2 Policy on Reserves

The Charity's policy on reserves is to generate and maintain a balance which is sufficient:

a) to preserve the financial viability of the Charity in the event that unforeseen and/or unavoidable circumstance precipitate a short-term fall in its income;

b) to enable the Charity, in the interests of meeting its objectives, to undertake from time to time the setting up of new and innovative projects on a pilot basis to demonstrate the viability and potential benefits of such activities as a precursor to securing the external funding necessary to maintain such projects on an on-going basis.

It is the policy of the Charity that unrestricted funds which have not been designated for specific use should be maintained at a level equivalent to between three and six months expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserve has been maintained throughout the year.

5.3 Principal Sources of Funding and Outgoings

Our charity projects are funded in the following ways.

  1. Volunteers with skills save the charity costs.

Ex: accounts, web design, event management

  1. Patrons who share our vision and wish to see our mission accomplished support us regularly.

  2. Donors who like our individual projects and donate where and when they can

  3. Fundraising events and stalls to generate income.

Page 4

EID CELEBRATION COMMITTEE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees

The Eid celebration committee does it best to ensure donation money only go towards the projects being run. Expenses such as staff costs/ wages, storage and sundries are covered by gift aid mostly. Staff wages are also covered by donations made from services provided by our speakers who do not take fees but instead request the honorariums to be paid towards Eid Celebration Committee to cover running costs.

5.4 Remuneration of Trustees

All Trustees act in a voluntary capacity and receive no remuneration or other material benefits from their services to the Charity.

Out-of-pocket expenses necessarily and reasonably incurred by Trustees in promoting the purposes of the Charity are reimbursed at cost.

5.5 Financial Status

The Eid Celebration Committee's current resources from unrestricted donations are more than sufficient to meet its outgoings for at least next year.

All the indications are that this will remain the case for the foreseeable future.

5.6 Statutory Statements on Liabilities

The Trustees declare that:

Approved by the Trustees and signed on their behalf,

Company Secretary

M Jaigirdar

Adams and Moore Chartered Certified Accountants Adams and Moore House Instone Road Dartford KENT DA1 2AG

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Page 5

EID CELEBRATION COMMITTEE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Approved by order of the board of trustees on 24 December 2021 and signed on its behalf by:

J Mohabbat - Trustee

Page 6

EID CELEBRATION COMMITTEE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021

Unrestricted
Restricted
fund
funds
Notes
£
£
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary income
45,347
137
RESOURCES EXPENDED
Costs of generating funds
Costs of generating voluntary income
2
10,950
-
Charitable activities
Charitable Activities
60,105
23,000
Support cost
-
-
Total resources expended
71,055
23,000
NET INCOME/(EXPENDITURE) FOR THE
YEAR
(25,708)
(22,863)
RECONCILIATION OF FUNDS
Total funds brought forward
83,329
94,338
TOTAL FUNDS CARRIED FORWARD
57,621
71,475		 31.3.21
Total
funds
£
45,484
10,950
83,105
-
94,055
(48,571)
177,667
129,096		 31.3.20
Total
funds
£
722,347
6,934
541,979
7,900
556,813
165,534
12,133
177,667

The notes form part of these financial statements

Page 7

EID CELEBRATION COMMITTEE

BALANCE SHEET AT 31 MARCH 2021

Unrestricted
Restricted
fund
funds
Notes
£
£
CURRENT ASSETS
Cash at bank
57,621
71,475
NET CURRENT ASSETS
57,621
71,475
TOTAL ASSETS LESS CURRENT
LIABILITIES
57,621
71,475
NET ASSETS
57,621
71,475
FUNDS
5
Unrestricted funds
Restricted funds
TOTAL FUNDS		 31.3.21
Total
funds
£
129,096
129,096
129,096
129,096
57,621
71,475
129,096		 31.3.20
Total
funds
£
177,667
177,667
177,667
177,667
83,329
94,338
177,667

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Trustees on 24 December 2021 and were signed on its behalf by:

J Mohabbat -Trustee

The notes form part of these financial statements

Page 8

EID CELEBRATION COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

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.

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.

Taxation

The charity is exempt from corporation 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.

2. COSTS OF GENERATING VOLUNTARY INCOME

31.3.21 31.3.20
£ £
Support costs 10,950 6,934

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.

Page 9

EID CELEBRATION COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2021

4. STAFF COSTS

31.3.21 31.3.20
£ £
Wages and salaries 8,400 7,900
The average monthly number of employees during the year was as follows: 31.3.21
1		 31.3.20
1
No employees received emoluments in excess of £60,000.
5. MOVEMENT IN FUNDS
Unrestricted funds At 1.4.20
£		 Net movement
in funds
£		 At 31.3.21
£
General fund 83,329 (25,708) 57,621
Restricted funds
Help Africa 22,863 (22,863) -
Syria Project 71,475 - 71,475
94,338 (22,863) 71,475
TOTAL FUNDS 177,667 (48,571) 129,096
Net movement in funds, included in the above are as follows:
Unrestricted funds Incoming
resources
£		 Resources
expended
£		 Movement in
funds
£
General fund 45,347 (71,055) (25,708)
Restricted funds
Help Africa 137 (23,000) (22,863)
TOTAL FUNDS 45,484 (94,055) (48,571)

Page 10

EID CELEBRATION COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2021

5. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net movement
At 1.4.19
in funds
At 31.3.20
£
£
£
Unrestricted Funds
General fund
12,133
71,196
83,329
Restricted Funds
Help Africa
-
22,863
22,863
Syria Project
-
71,475
71,475
-
94,338
94,338
TOTAL FUNDS
12,133
165,534
177,667
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
Movement in
resources
expended
funds
£
£
£
Unrestricted funds
General fund
193,913
(122,717)
71,196
Restricted funds
Help Africa
193,914
(171,051)
22,863
Syria Project
334,520
(263,045)
71,475
528,434
(434,096)
94,338
TOTAL FUNDS
722,347
(556,813)
165,534
A current year 12 months and prior year 12 months combined position is as follows:
Net movement
At 1.4.19
in funds
At 31.3.21
£
£
£
Unrestricted funds
General fund
12,133
45,488
57,621
Restricted funds
Syria Project
-
71,475
71,475
-
71,475
71,475
TOTAL FUNDS
12,133
116,963
129,096		 Net movement
At 1.4.19
in funds
At 31.3.20
£
£
£
Unrestricted Funds
General fund
12,133
71,196
83,329
Restricted Funds
Help Africa
-
22,863
22,863
Syria Project
-
71,475
71,475
-
94,338
94,338
TOTAL FUNDS
12,133
165,534
177,667
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
Movement in
resources
expended
funds
£
£
£
Unrestricted funds
General fund
193,913
(122,717)
71,196
Restricted funds
Help Africa
193,914
(171,051)
22,863
Syria Project
334,520
(263,045)
71,475
528,434
(434,096)
94,338
TOTAL FUNDS
722,347
(556,813)
165,534
A current year 12 months and prior year 12 months combined position is as follows:
Net movement
At 1.4.19
in funds
At 31.3.21
£
£
£
Unrestricted funds
General fund
12,133
45,488
57,621
Restricted funds
Syria Project
-
71,475
71,475
-
71,475
71,475
TOTAL FUNDS
12,133
116,963
129,096		 31.3.20
£
83,329
22,863
71,475
94,338
177,667

Page 11

EID CELEBRATION COMMITTEE

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2021

5. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement in
resources expended funds
£ £ £
Unrestricted funds
General fund 239,260 (193,772) 45,488
Restricted funds
Help Africa 194,051 (194,051) -
Syria Project 334,520 (263,045) 71,475
528,571 (457,096) 71,475
TOTAL FUNDS 767,831 (650,868) 116,963

Page 12

EID CELEBRATION COMMITTEE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021

INCOMING RESOURCES
Voluntary income
Donations and Gifts
Donated goods and services
Total incoming resources
RESOURCES EXPENDED
Charitable activities
Wages
Insurance
Help Africa
Telephone
Advertising
Syria Project
Event Costs
Travel and subsistence
Motor expense
Venue Hire
Charitable donation
Support costs
Management
Office cost
Finance
Web hosting Administration
Bank charges
Fundraising Platform Fee
Total resources expended
Net (expenditure)/income		 31.3.21
£
45,484
-
45,484
45,484
8,400
-
23,000
3,673
4,386
-
22,434
1,536
740
17,702
336
82,207
10,950
-
898
-
898
94,055
(48,571)		 31.3.20
£
661,261
61,086
722,347
722,347
7,900
144
170,612
2,320
12,906
261,975
67,306
2,156
1,611
21,235
40
548,205
6,934
439
165
1,070
1,674
556,813
165,534

This page does not form part of the statutory financial statements

Page 13