Registered number 07694374 Penge Islamic Centre Unaudited Accounts 31 July 2023 ## **Penge Islamic Centre Company Information** ## **Directors** Irshad Gaffar Ifraan Gaffar Farhaan Gaffar ## **Accountants** Leicester Commercial Accountants Unit C 1st Floor Offices 122 Bridge Road Leicester LE5 3QN ## **Registered office** 157 High Street Penge London SE20 7EU **Registered number** 07694374 1 ## **Penge Islamic Centre Accountants' Report** ## **Accountants' report to the directors of Penge Islamic Centre** You consider that the company is exempt from an audit for the year ended 31 July 2023. 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. Leicester Commercial Accountants Accountants Unit C 1st Floor Offices 122 Bridge Road Leicester LE5 3QN 15 April 2024 2 ## **Penge Islamic Centre Income Statement for the year ended 31 July 2023** |**Donations**
Staff costs
Depreciation and other amounts written off assets
Other charges
**Gain/(Loss) for the year**
**Gain/(Loss) for the year**|**2023**
**£**
28,235
(13,200)
(1,259)
(7,500)
6,276
6,276|**2022**
**£**
18,966
(10,300)
(1,902)
(10,369)
(3,605)
(3,605)| |---|---|---| 3 ## **Penge Islamic Centre Registered number: 07694374 Balance Sheet as at 31 July 2023** |Fixed assets
Current assets
Creditors: amounts falling due within one
year
Net current assets
Total assets less current liabilities
**Net assets**
**Capital and reserves**
Average number of employees|7,859
755|**2023**
**£**
7,135
8,614
15,749
15,749
15,749
**Number**
2|473
606|**2022**
**£**
8,394
1,079
9,473
9,473
9,473
**Number**
2| |---|---|---|---|---| The company is a private company limited by shares and incorporated in England. Its registered office is 157 Penge High Street, Penge, London, SE20 7EU. 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 member has 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. Irshad Gaffar Director Approved by the board on 15 April 2024 4 ## **Penge Islamic Centre Detailed Income Statement items for the year ended 31 July 2023** _This schedule does not form part of the statutory accounts_ |**Donations**
Donations
**Staff costs**
Wages and salaries
**Depreciation and other amounts written off assets**
Depreciation
**Other charges**
Premises costs:
Rates
Light and heat
General administrative expenses:
Bank charges
Equipment expensed
Repairs and maintenance
Sundry expenses|**2023**
**£**
28,235
13,200
1,259
1,606
2,302
3,908
117
153
715
2,607
3,592
7,500|**2022**
**£**
18,966
10,300
1,902
692
1,585
2,277
52
-
8,040
-
8,092
10,369| |---|---|---| 5 ## **Penge Islamic Centre Detailed balance sheet items as at 31 July 2023** _This schedule does not form part of the statutory accounts and should NOT be sent to HMRC_ |**Fixed assets**
Fixtures and Fittings
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
Other taxes and social security costs
Other creditors
**Capital and reserves**
Profit and loss account
**Profit and loss account**
Brought forward
Gain/(Loss) in the year|**2023**
**£**
7,135
7,859
54
(809)
(755)
15,749
9,473
6,276
15,749|**2022**
**£**
8,394
473
52
(658)
(606)
9,473
13,078
(3,605)
9,473| |---|---|---| 6 |**Penge Islamic Centre**
**Corporation tax computation**
**Tax reference**
**Period beginning**
**Period ending**
**Accounts period beginning**
**Accounts period ending**
**Adjustment of trading profits**
Profit before tax per the accounts
Add back disallowable expenses
Depreciation and (profit)/loss on sale of assets
Adjusted trading profit
**Taxable profits**
Trading profit
Taxable profit
**Days in accounting period falling in each tax year**
**Tax year**
2022
2023
**Corporation tax payable**
**Tax year**
2022
2023
Corporation tax payable|**1/08/22**
**31/07/23**
**1/08/22**
**31/07/23**
**£**
6,276
1,259
7,535
**£**
7,535
7,535
7,535
**Days falling**
**in tax year Days in year**
243
122
365
365
**Taxable**
**profit**
**Tax rate**
**Corp Tax**
5,016
19%
953.04
2,519
19%
478.61
7,535
1,431.65| |---|---| 7