Shajalal Mosque & Islamic Cultural Centre Report and Accounts 31 March 2021 Registered number 1145075 Shajalal Mosque & Islamic Cuftural Centre Report and accounts Contents Page Organisational infom)ation Executwe committee's report Independent Examiners, report Statement of Financial xtivities ISOFAI & comparatives Income and expenditure statement Balance sheet Notès to the accounts Detail In¢ome & Expenditure 10 Shajalal Mosque & Islamic Cultural Centre Organisational Inforniation Offiters Muhammad Amtor Ali - President Giash Uddin - Secretary Eawor Ali - Treasurer Llcensed Independent Examiner S F Reza, FA4T, FAIA, ATh, ICPA Assurance. Revlew & Rlsk Management Hamza Saeed Bajwa FCCA ACCA Registration number. 1373299 Omega Accountants Ltd 19-23 Lower Addiscombe Road Croydon CRO 6PQ Tel 020 8604 8860 {2 lines} Fax 020 8604 8862 info@omegaaccountants.co.uk Bankers Lloyds TSB George Stmt Croydon RegisteTOd office 170 Handcroft Road Croydon CRO 3LL Reglstered number 1145075 Shajalal Mosque & Islamic Cultural Centre Executive Committee's Report The director presents his report and attounts for the year ended 31 Ma￿h 2021. Principal activities The organisation's principal activity during the year continued to be that of a mosquÈ and l$lamic cultural centre as described below Introduction The EGM present their annual report and accounts for the year end&J 31 March 2021. The ECM is satisfied with the perfomiance of the charity during the year and the position at the balance sheet date and consider that the chanty is in a strong position to ¢onb'nue its activities during the coming year, and that the charity's assets are adequate to fvlfil its obligations provided continued support from the users and members are available. Name. registered office and constitution of the charity Name of the organisation.. Shajalal Mosque and Islamic Cultural Centre Legal Status. Unincorporated trx)dy wlth charitable objectives Address details.. 170 Hancroft Road, Croydon. CRO 3LL Goveming body: Executive Committee. under the Tnjstees Day to day management.. Delegated to Pres￿en( Secretary and Treasurer. Dale setup.. 2002 Charitable Ststus.. UK RegiSte￿d L¢)¢al Charity Fully paidup trustees at the signing of the balance sheet Muhammad Amtor Ali 2. Giash Uthiin 3. Eawor Ali 4. Humayun Kabir Moinul Islam 6. Aklis Miah 7. Abdul Matin 8. Badsha Kadir 9. Abdun Noor 10. Syed Farhad Rez2 A summary of the ObJ￿ts of the charity as set out in its governing documenL l. To advance Islamic religion and education IA aecordance with the tenants of151am. 2. Da'wah actiwties in furtherance of the above. 3. Ta'alim- teaching of the Noble Qur'an and Sunnah, Islamic laws, its requirement and prohibitions and educate people in the Islamic way of life, society, family. its doctrine and practi￿$ with emphasis on peace, community cohesion and toleran￿. Educate people in tolerance and interaction with other faiths and beliefs. Executlve Commlttee Members are: l. Muhammad AmtorAIi 2. Giash Uddln 3. Eawor Ali (Runul 4. Humayun Kabir 5. Moinul Islam 6. Syed Farhad Reza 7. Abdul Munaim Shajalal Mosque & Islamic Culturdl Centre Executive Committee's Report The director p￿sents his rewrt and accounts for the year end&J 31 March 2021. Funds structure policy Th8 charity maintains a genernl unTrstricted fund which represents funds which expendable at th& discretion ofthe ECM in furtherance of the Ob￿ ofthe chanty. Such fvnds may be held in order to finance working capital. Restricted funds have been prowded to the charity for a p8rfrcularpury)ose. and it is the pOI￿Y of the ECM to caTrfully monitor the applK8tion ofthose funds in a¢¢ordanGe with the restrictions placed upon them. Capital grants The ECM consider that in order to Comply the Statement of Recommended Practice for Accounting and Reporbng issued by the Charity Commissioners for England & Wales {SORP 2005 & SORP 20071, gifts of tsngible fixed assets or grants of a capital nature given for specific purposes and fully ublised in the furtheran￿ of the objects of the charity should be credited to the relevant fixed asset fijnd after the sums have been property expended on tho restricted purpose. The related asset is shown in the balance sheet at the full cost of acquisition or subsequent revaluation. Reserve Policy The Members of the Commrttee IECMI have estsblished a policy of reserve, whereby the unrestricted funds held by the chaftty should be equivalent to three months opgrating cost at 2020121 levels, whi¢h should equate to at least £12.000 in general funds. At this level, the ECM feels that they should be able to contsnue the current activitses of the charity in the event of a significant decrease in funding. It would also be necessary to consider how decrease in such funding would be replaced or activib.es changed. Although at present. the unrestricted reserves reach this target, but the board of director5 are considering ways in which additional unreslricled funds may be raised. Prlnclpal funding sources and how exponditur• In the year underrnvlew has supported the key objectives of the charity. The principal funding Sources a￿ general donations received from the users of the charity and a small amount received from Gfft ￿"d. The funding supports the employment of members of staff who cary out the work of Cctrordinating the engagement of chanty's policy and decision making, building the capacity of Shahjalal Mosque and Cultural Centre wth voluntary and community sector organisattons and promoting cornmunty cohesion and equality and countering extremism. Independent Examiners. report on the accounts of Shajalal Mosque & Islamlc Cultural Contro To the Executiv? Committee of Shajalal Mosque & Islamic Cultural Centre We havè carried out independent examinakn.on of the accounts of Shahjakl Mosque and Islamic Cultural Cenlre. Croydon for the year ended 31 March 2021 Which omprise the Profit and Loss Account, the Balance Sheet, the Statement of Total Recognised Gains and Losses and the related notes and Statemenl of Financial Activities. These have been reviewed by third paty qualthed accountants to mitigate any conflict of interest. These financial statements have been prepared in accordance the Charitie5 Act 2006 and with the Financial Reporting Standard for Smaller Entities, effective January 2005, and in accordan￿ the requirements of the Statement of Recommended Practice for Accounting and Reporting 12005 and 20071 issued by the Charity Commissioners for England & Wales, adapled to meet the needs of unincorporated organisations, under the historical cost convention and in accordance with the accounting policies set out in the notes to the financial statements. Scope This report is made solely to the organisat￿n.$ members. as a body. in accordance vAth Section 235 of the Companies Act 2006. Our work has been undertaken so that we might state lo the company's members those matters we are required to state to them in an examination report and for no other purpose. To the fvlle5t extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a trthy, for our work. for this report. or for the opinions we have fomed. The terms of our engagement exclude any requirement to carry out a comprehensive assessment of the risks of Material misstaternen( a consideration of fraud, laws, regulations and internal controls, and we have not done so. We are not required to, and we do not, express an audit opinion on these accounts. Respectlve responslbllltles of ECM and the independent examiners The charity's ECMS is responsible for the preparaty.on of the accounts. The Charity's ECM wnsider that an audit is not required for this year {under section 43121 of the Charities Act 1993 (the 1993 Act}1 and that an independent examination is needed. It is our responsibility lo.. ' examine the accounts (under section 43{3llal of the 1993 Act)". to follow the procedures laid down in the General Direcbons gwen by the Charity Commissioners (under section 43{7llbl of the 1993 Act)., and • to state whether particular matters have come to our attention. Basis of independent examiners. report Our examinatson was carried out in accordance with the General Direction$ given by the Charity Commissioners. An examination includes a review of the accounting records kept by the ECM and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disc105ures in the accounts, and the seeking of explanations from you as ECM con¢eming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audrt and, cOnsequen￿y. we do not express an audit opinion on the view given by the accounts. Conclusion - Independent Examinerfs statement In connection wffh our examination, no matter has come to our attention- 111 which gives us reasonable cause to believe that, in any material res￿t. the requirements.. to keep accounting record$ in accordance with $41 of the 1993 Act.. and . to prepare accounts which aKord wth the accounkn.ng record5 and to comply with the aeeounling requirements of the 2￿6 Act have not been met.. or 121 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the a counts to be reached. S F R￿, FAAT. FAIA. Arr. ICPA Assurance. review and risk management Hamza Saeed Baiwa FCCA Omega A¢¢ountants Ltd Certified & Intemational Accountsnts 19-23 Lower Addiscombe Road Croydon Shajalal Mosque & Islamic Cultural Centre Statement of Financial Activities for the year ended 31 MarGh 2021 Last Year Total Funds Funds FundB Funds 2,021 2,021 2,021 2.020 Otharlncoming Resourcos Donations- Members Donations- Ramadan & Eid Donations - Friday Donab'ons - Izakat and other such donations} Hifz and madrassa Gift Aid In¢oming resources from charltable aclivities 3,748 1,070 8,987 622 34,498 17,483 66,408 3,748 1,070 8,987 622 34,498 17,483 66,408 6,240 6,105 21,100 2,710 36,090 15,839 88,084 HMRC gran15 31,256 31,256 Resources 8xpended Costs of generating funds Communication & marketing Staffing & associated costs Costs of charitable activities 2.282 62.170 64.452 2,282 62,170 8,589 49,832 58,421 Governance costs Other resources expended Adminstration Professional fees Total resources èxpended 6,439 2,475 73.366 6,439 2,475 73.366 6,133 1,500 66,054 Net incoming resources before transfers between funds 24.298 24,298 22.030 Gross transfers between funds Net incoming resources before Other recognised gains and losses 24.298 24,298 22,030 Net movement in funds 24.298 24,298 22,030 Reconciliation of funds Total funds brought foThYard 86.755 291,764 378,519 356,489 Total Funds carried forward 111,053 291.764 402,817 378.519 All activitles derlve from continuing operallons Shajalal Mosque & Islamic Cultural Centre Income and Expenses Account for the year ended 31 March 2021 2021 2020 Income r•ceivable 97,664 88,084 Administrative expenses 173.3661 166,054) Operating surplu8 24,298 22,030 Totsl surplus for the year 24,298 22,030 Totsl surplus for the financial year 24,298 22,030 Shajalal Mosque & Islamic Cultural Centre Balance Sheet as at 31 March 2021 Notes 2021 2020 Fixod assets Tangible assets 353.380 353,380 Current assets Debtors Cash at bank and in hand 26,315 31.823 58,138 15,839 12,694 28,533 Credltor8: amounts falling duo wlthln one year (8.701} 13.3941 Net current assets 49.437 25,139 Nel assets 402,817 378,519 Capital and r8s•rv•s Unrestricted revenue ac¢umulated funds Restricted revenue accumulated funds 111,053 86,755 291.764 291.784 Net fvnds 402.817 378,519 The director is satisfied that the company is enkn.ued to exemption from the requirement to obtain an audit under section 477 of the Companies Act 20c￿. The members have not required the company to obtsin an audit in accordance with wtion 476 of the Act. The director acknowledges responsibilibes 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 wilh the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. Muhammad AmtorAIi Trustee -President Giash Uddin Trustee - Secretary Eawor Ali Tnjstee - Tresurer Approved by the board on 23 March 2022 Shajalal Mosque & Islamic Cultural Centre Notes to the Accounts for the year ended 31 March 2021 1 Accountlng pollcles Basis of preparation The accounts have been p￿pared under the historical cost convention and in accordance with the Financial Reporting Stsndard for Smaller Entities {effective January 20151. Tumover Turnover represents the vallte. net of value added tsx arKI discounts, of goods provided to customers and work carried out in respect of services provided to customers. Depreciation Depreciation has been provided at the followng rates in order to write off the assets over their estimated usefvl INes. Plant and machinery 0% straight line 2 Tangible fixed a86ets Plant and machinery et¢ Land and buildings Total Cost At 1 April 2020 At 31 March 2021 345.453 345.453 7,927 7,927 353.380 353,380 Depreciation At 31 Mar¢h 2021 Nèt book value At 31 March 2021 345.453 7.927 353.380 At 31 March 2020 345,453 7.927 353,380 3 Debtors 2021 2020 Other debtors 26,315 15,839 4 Credltors: amounts falllng due wlthln one year 2021 2020 Trade creditors Other tsxes and social security costs 2,500 6,201 8,701 3,385 3.394 Shajalal Mosque & Islamic Cultural Centre Notes to the Accounts for the y8ar ended 31 March 2021 5 InGome and Expenses Account 2021 2020 At 1 April 2020 Surplus for the year 378,519 24,298 356,489 22,030 At 31 March 2021 402.817 378.519 10 Shajalal Mosque & Islamic Cultural Centre Detailed profit and loss account for the year ended 31 March 2021 2021 2020 Income reciyable Donations - Members and other donations Donations - Ramadan & Eid Donations - Friday Donations - (Zakat and other such donations} Hifz and madrassa Gift Ai HMRC grants received 3,748 1,070 8,987 622 34,498 17,483 31,256 97,664 6,240 6,105 21,100 2,710 36,090 15,839 88.084 Administrativ¢ expenses Employee costs.. Wages and salarie5 Temporary staff - COVID marshalls 59,820 2,350 49,832 Premises costs". Service charges Light and heat Cleaning 1,265 2,542 9C 1,294 2.059 2,780 6,133 General administrative expenses.. Telephone and fax Slab'onery and printing Insurance Repairs and maintenance lftaar l Ramadan Zakah paid out 430 668 764 560 2,230 1,657 2,710 8,589 675 591 1,660 622 4,008 Legal and professional costs-. Audit I reporting accountanys fees Furlough fees 1,500 975 1,500 1,500 73.366 66,054 11