Shajalal Mosque & Islamic Cultural Centre Report and Accounts 31 March 2022 Registered number 1145075 Omega Accountants Ltd Certified & Intemational Accountants 223 Wickham Road. Croydon, CRO 8TG Tel: 020 8604 8860 Fax. 020 8604 8862 info@omegaacwuntants.co.uk Shajalal Mosque & Islamic Cultural Centre Report and accounts Contents Page Organisational information Executive committee's report Independent Examiners. report Statement of Financial activities {SOFA} & Comparatives Income and expenditure statement Balance sheet Notes to the accounts 9-10 Detail Income & Expenditure 11 Shajalal Mosque & Islamic Cultural Centre Organisational Inforniation Officers Muhammad Amlor Ali - President Giash Uddin- Secretsry Eawor Ali - Treasurer Llcensed Independent Exarniner S F Reza. FAAT. FAIA. FA￿. ICPA Assurance. Review & Risk Management Hamza Saeed Bajwa FCCA ACCA Regislrab"on number. 1373299 Omega Accountants Ltd 223 Wickham Road Croydon, CRO 8TG Tel 020 8604 886012 lines) Fax 020 8604 8862 info@omegaaccountanls.co.uk Bankers Lloyds TS8 George Street Croydon Reglstered office 170 Handcroft Road Croydon CRO 3LL Charity numbor 1145075 Shajalal Mosque & Islamic Cultural Centre Executive Committee's Report The director presenls his report and a(xounts for the year ended 31 March 2022. Principal activities The organisalion's principal activity during the year eontinued to be that of a mosque and Islamic cultural centre as described below Introduction The ECM present their annual report and a¢¢ounts for the year ended 31 March 2022. The ECM is satisfied the performance of the charity during the year and the F)osition at the balance sheet dale and consider that the charity is in a strong position to continue ils activities during the coming year, and that the charity's assets are adequate to fulfil its obligations provided continued support from the users and mem￿r$ are available. Name, registered office and constitution of the charity Name of the organisalion.. Shajalal Mosque and Islamic Cultural Centre Legal Stslus.. Unincorporated body wth charitable objectives Add￿$$ detsils. 170 Hancroft Road, Croydon. CRO 3LL Governing body.. Executive Commrttee. under the Trustees Day to day management.. Delegated to PresidenL Secretsry and Treasurer. Date setup.. 2002 Charitable Status.. UK Registered Local Charity Fully paidup trustees at the signing of the balance sheet Muhammad Amior Ali 2. Giash Uddin Eawor Ali Humawn Kabir Moinul 151am 6. Aklis Miah 7. Abdul Matin 8. Abdun Noor 9. Syed Farhad Reza A summary of the objects of the charity as set out in its goveming documen£ l. To advance Islamic religion and education accordance wilh the ten3nts of151am. 2. Da'wah activities in furtheran¢È of the above. 3. Ta'alim- teaching of the Noble Qur'an and Sunnah, lslamit laws, its requirement and prohibitions and educate people in the Islamic way of life. soaety, family, its doctrine and practices with emphasis on peace. community cohesion and tolerance. Educate people in tolerance and interaction with other faiths and beliefs. E¥Kutive Commlttee Members are: l. Muhammad Amtor Ali 2. Giash Uddin 3. Eawor Ali (Runul 4. Humayun Kabir 5. Moinullslam 6. Syed Farhad Reza 7. Abdul Munaim Funds structure policy Shajalal Mosque & Islamic Cultural Centre Executive Committee's R8POrt The director presents his report and accounts for the year ended 31 March 2022. The charity maintaAns a gene￿1 un￿Stricted fund which r8pr8sents fvnds which a￿ expendable at the discretion ofthe ECM in furth8ranc8 ofthe objects of the charty. Such funds may be held in order to finance wort(ing ¢apitsl. Resti7cted funds have been prOv￿ed to the charity fora part￿U18rpU0￿Sa, and it is the policy of the ECM to carefully monitorthe application of those funds in accordance wrth thp restsictions placed upon them. Capital grants The ECM consider that in order to compty the Slatement of Recommended Practice for Accounting and ReportJ'ng issued by the Chanty Commissioners for England & Wales ISORP 2005 & SORP 20071, gifts of tangible fixed assets or grants of a capital nature given for specific purposes and fully utilised in the furtherance of the objects of the charity should be credited to the relevant fixed asset fund aftef the sums have been property expended on the restricted purpose. The related asset is shown in the balance sheel at the full cost of aCquisit￿n or subsequent revaluation. ROse￿e Policy The Members of the Committee IECMI have established a policy of reserve, whereby the unrestricted funds held by the charity should be equivalent to three months operating cost at 2020121 levels, which should equate to at least £45,000 in general funds. At this level, the ECM feels that they should be able to continue the Current activtties 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 activities changed. Although at present, the unrestricted reserves reach this target, but the board of directors are ¢on$idering ways in which additional unrestn.cted funds may be raised. Principal funding sources and how expenditurn In the year underrnviow has supported the key objectivos of the charity. The principal funding sources are general donations received from the users of the charty and a small amount received from Gfft ￿"d. The funding supports the employment of members of staff who cary out the work of Co-ordinating the engagement of charivs policy and decision making, building the eapacity of Shahjalal Mosque and Cuttural Centre wth voluntary and communty sector organisatsons and promotsng community cohesion and equality and countering extremism. Independont Examiners, report on the accounts of Shajalal Mosque & Islamic Cultural Centre To the Executive Committee of Shajalal Mosque & Islamic Cultural Centre We have carried out independent examination of the accounts of Shahjalal Mosque and Islamic Cultural Centre, Croydon for the year ended 31 March 2022 Which comprise the Profft and Loss Account, the Balance Sheet. the Statement of Total Recognised Gains and Losses and the related notes and Statement of Financial Actwilies. These have been rev￿￿1 by third party qualified accountants to mitigate any conflict of interest. These financial statements have been prepared in accordance wth the Charities Act 20C6 and wth the Financial Reporting Standard for Smaller Entibes, effective January 2005, and in accordance the requirements of the Staternent of Recommended Practice for A¢wunting and Reporting 12005 and 20071 issued by the Chanty Commissioners for England & Wales. adapled to meet the needs of unincorporated organisations, under the historical cost convention and in accordance wth the accounting policies set out in the notes to the financial statements. Scope This report is made solely lo the organisation's membets, as 3 body, in accordance with Section 23S 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 lo state to them in an examination report and for no other purwse. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our work, for this report, or for the opinions we have fomied. The terms of our engagement exclude any requirement to cary out a comprehensive assessment of the risks of material misstalemenL a consideration of fraud, laws, regulations and intemal controls, and we have not done so. We are not required to. and we do not, express an audit opIn￿n on these accounts. Respective responsibilities of ECM and the independent examiners The charity's ECMS is responsible for the preparation of the accounts. The charity's ECM consider that an audit is not required for this year (under section 43121 of the Charities Act 1993 (the 1993 Act)) and that an independent examination is needed. It is our responsibility to.. examine the accounts {under section 4313)la) of the 1993 Act)- to follow the procedures laid down in the General Diractions gwen by the Charity Commissioners {under section 4317}Ibl of the 1993 Act)." and . to stste whether particular matters have come lo our attenb"on. Basis of independent ex8miners' report Our examination was carried out in accordance with the General Directions 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 disclosures in the accounts, and the seeking of explanabons from you as ECM conceming any such matters. The procedures undertaken do not prov¥Je all the evidence that would be required in an audit and, consequenly, we do not express an audit opinion on the view given by the accounts. Concluslon - Independent Examinerfs statement In connection wth our examination, no matter has COTne to our attention.. 111 which gives us reasonable cause to believe that in any material resrrt the requirements.. • lo keep accounting r8eords in a¢cordance wth $41 of the 1993 ACL and . lo prepare accounts which accord with the accounting records and to compty wth the accounting requirements of the 2006 Act have not been met.. or 121 to which. in our opinion, attenb.on should te drawn in order to enable a proper understanding of the accounts to ￿ reached. eza. FAAT. FAIA. FATh. ICPA Assurance, review and risk management Hamza Saeed Bajwa FCCA Omega Accountants Ltd Certified & Intemational Accountsnts 223 Wickham Road Croydor¢ Shajalal Mosque & Islamic Cultural Cèntre Statement of Financial Activities for the year ended 31 March 2022 ￿n￿SIr{¢te0 Restricted Total Last Year Funds Fund8 Fund8 Total Funds 2.022 2.022 2.022 2.021 Other Incomlng Rèsources Donations- Members Donations- Ramadan & Eid Donations - Friday Donations - (Zakat and other such donations) Hifz and madrassa Gift Ai Incoming rosources fmm ¢harltable a¢tlvltles 4,186 1,045 25,669 505 37,100 15.979 84.484 4,186 1,045 25,669 505 37,100 15,979 84,484 3,748 1,070 8,987 622 34,498 17,483 66,408 HMRC grants 16.177 16,177 31.256 Resources expended Costs of generating funds Communication & marketing Staffing & associated costs Costs of charitable activities 1.380 63,921 65.301 1,380 63,921 65,301 2,282 62,170 64.452 Governance costs Other resourcos expgnd6d Adminstration Professional fees Totsl resources expended 12,659 12,659 3.844 81.804 6,439 2,47S 73,366 81.804 Net incoming resources before transfers between funds 18,857 24,298 Gross transfers between funds Nat incoming resources beforo Other reGognised gains and losses 18,857 18,857 24,298 Net movement In funds 18.857 18,857 24,298 Reconcillation of funds Total funds brought ftbnvard 402.817 402,817 378,519 Total Funds carried forward 421,674 421.674 402,817 All activities derlve from ¢ontinulng operntions Shajalal Mosque & Islamic Cultural Centre Income and Expenses Account for the year ended 31 March 2022 Note8 2022 2021 Income rocoivablo 100.661 97,664 Administrative expenses 181,804) {73,366} Operatlng surplus 18,857 24,298 Total surplus for the year 18.857 24,298 Total surplus for the financlal year 18.857 24.298 Shajalal Mosque & Islamic Cultural Centre Balance Sheet as at 31 March 2022 Notes 2022 2021 Fixed assets Tangible assets 353,380 353,380 Current a68ets Debtors Cash at bank and in hand 25,110 56.082 81,192 26,315 31.823 58.138 Creditors: amounts falling due wtthin one year 112.8981 (8,701) Net current assets 68,294 49,437 Net ass•ts 421,674 402,817 Capltsl and reseNes Unrestricted Tevenue accumulated funds Reslricled revenue accumulated funds Income and exFenses account 421,674 111,053 291,764 1291.764} 291.764 Net funds 421,674 402,817 The director is satisfied that the company is entttled 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 audtt in accordance with section 476 of the Aet. The dirertor acknowledges his responsibiliti.es for comp￿"ng with the requirements of the Companies Act 2006 with respect to accounting records and the preparats'on of aecounls. The accounts have been prepared in accordance the provisions in Part 15 of the Companies A¢t 2006 applicable to companies subject to the small companies regime. Muhammad Amtor Ali Trustee -President Glash Uddin Trustse - Secretsry Eawor Ali Trustee- Tresurer Approved by the board on 22 February 2023 Shajalal Mosque & Islamic Cultural Centre Notes to the Accounts for the year ended 31 March 2022 1 AGcounting policies Basis olpreparation The accounts have been prepared under the historical eost convention and in ac¢ord8nce the Financial Reporting Standard for Smaller Entsbes leffecbve January 2015}. Tumover Tumover ￿presents the value. net of value added tax and discounts. of goods provided to customer5 and work carTied out in respect of services provided to customers. Depreciation Depreciats'on has been provided at the folknMng rates in order to write off the assets over their estsmated usefvl lives. Plant and machinery 0% straight line 2 Tangible fixed assets Plant and machinery Land and buildings Total Cost At 1 April 2021 At 31 March 2022 345,453 345.453 7,927 7,927 353,380 353,380 D•preclatlon At 31 March 2022 Net l)ook value At 31 March 2022 345,453 7,927 353,380 At 31 March 2021 345,453 7.927 353,380 3 Debtors 2022 2021 Other debtors 25,110 26,315 4 Credltors: amounts falling due withln one year 2022 2021 Trade creditors other taxes and social security costs 1,500 11.398 12,898 2,500 6,201 8,701 Shajalal Mosque & Islamic Cultural Centre Notes to the Accounts for the year ended 31 March 2022 5 Income and Expenses Account 2022 2021 At 1 April 2021 Surplus for the year 402,817 18,857 378,519 24.298 At 31 March 2022 421,674 402,817 10 Shajalal Mosque & Islamic Cultural Centre Detailed profit and loss account for the year ended 31 March 2022 2022 2021 Income recivable Donations- Members and other donab.ons Donations - Ramadan & EKI Donations - Friday Donations - (Zakat and other such donations) Hifz and madrassa Gift Aid HMRC grants recewed 4,186 1.045 25,669 505 37,100 15,979 16,177 100,661 3,748 1,070 8,987 622 34,498 17.483 31,256 97,664 Admlnlstratlve expens Employee costs.. Wages and salaries Temporary staff - COVID marshalls 59,581 4,340 63,921 59,820 2,350 62,170 Premises costs.. SeNice charges Light and heal Cleaning 7,536 2,330 636 10.502 1,265 2,542 4,713 General administrative expenses.. Telephone and fax Stationery and prinb.ng Bank charges Insurance Repairs and maintenance lftaar l Ramadan Zakah paid out 348 478 258 732 341 875 505 3.537 430 30 675 591 1,660 622 4.008 Legal and professional costs.. Audit I reporting accountant's fee$ Furtough fees and other professional fees 1.500 1,500 975 2,475 81,804 73,366 11