## **AL BAYAN WELFARE CENTRE LTD** 

## **TRUSTEES REPORT AND FINANCIAL STATEMENTS** 

# **FOR THE YEAR ENDED 30 NOVEMBER 2020** 

Charity Number 1147649 Company Number 07437240 

SHIPKOLYE ACCOUNTANCY AND FINANCIAL SERVICES ACCOUNTANT 89 LANGHAM ROAD LONDON N15 3LR 



## **AL BAYAN WELFARE CENTRE LTD** 

## **YEAR ENDED 30 NOVEMBER 2020** 

## **CONTENTS** 

||Page|
|---|---|
|Legal and Administrative Information|3|
|Report for Trustees|4|
|Independent Examiner’s Report to the Trustees|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8-11|



**- 2 -** 



## **AL BAYAN WELFARE CENTRE LTD** 

## **LEGAL AND  ADMINISTRATIVE INFORMATION YEAR ENDED 30 NOVEMBER 2020** 

The organisation is a registered charity and a company limited by guarantee 

**Status Governing Document** subsequently **Charity Registration Number** 1147649 **Company Limited 7437240 By Guarantee Number Registered Office** 55 Green Lanes Ilford IG1 1XG **Trustees** Khalid Abdalla Omar Abdalla **Officers** Khalid Abdalla, Chair **Company Secretary** Mr Omar Abdalla **Bankers** Lloyds Bank Ltd 

The organisation is governed by memorandum of association; it was incorporated 8 November 2010 and the memorandum and articles were subsequently amended by resolution of members. The organisation was registered with the Charity Commission on 12 June 2012 

**- 3 -** 



## **AL BAYAN WELFARE CENTRE LTD** 

## **REPORT FOR THE TRUSTEES YEAR ENDED 30 NOVEMBER 2020** 

The trustees present their Annual Report along with the Financial Statements for the year ended 31 NOVEMBER 2020 

## **Structure, governance and management** 

## **Trustee Board – membership and appointment** 

## **Training and induction** 

**- 4 -** 



## **AL BAYAN WELFARE CENTRE LTD INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF AL BAYAN WELFARE CENTRE YEAR ENDED 30 NOVEMBER 2020** 

I report on the accounts of the company for the year ended 30 NOVEMBER 2020 which are set out on pages 9 to 15. 

## **RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER** 

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. 

Having satisfied myself that the company is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: 

- examine the accounts under section 145 of the 2011 Act; 

- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and 

- to state whether particular matters have come to my attention. 

## **BASIS OF  INDEPENDENT EXAMINER’S REPORT** 

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below 

## **INDEPENDENT EXAMINER’S STATEMENT** 

In connection with my examination, no matter has come to my attention: 

(1) which gives me reasonable cause to believe that in any material respect the requirements: 

- to keep accounting records in accordance with section 386 of the Companies Act 2006; and 

- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or 

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Shipkolye Accountancy and financial services Accountant 89 Langham Road, London N15 3LR 

Dated:25[th] October 2020. 

**- 5 -** 



## **AL BAYAN WELFARE CENTRE LTD STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 30 NOVEMBER 2020** 

|||**Unrestricted**|**Restricted**|**Total Funds**|Total Funds|
|---|---|---|---|---|---|
|||**Funds**|**Funds**|**2020**|2019|
||**Note**|**£**|**£**|**£**|£|
|**INCOME FROM**||||||
|Donations & legacies||||||
|Income from charitable||||||
|activities|**2**|**29,457**||**29,457**|49,003|
|Investment income|**3**|**000**||**000**|00|
|||---------------------------------------|---------------------------------|---------------------------------------|---------------------------------------|
|**TOTAL INCOME**||**29,457**||**29,457**|49,003|
|||---------------------------------------|---------------------------------|---------------------------------------|---------------------------------------|
|**EXPENDITURE ON**||||||
|Charitable activities|**4**|**(42,327)**||**(42,327)**|(32,573)|
|||---------------------------------------|-----------------------------------|---------------------------------------|---------------------------------------|
|**TOTAL EXPENDITURE**||**(42,327)**||**(42,327)**|(32,573)|
|||---------------------------------------|---------------------------------|---------------------------------------|---------------------------------------|
|**NET INCOME**||||||
|**/EXPENDITURE FOR THE**||||||
|**YEAR**||**(12,870)**||**(12,870)**|16,430|
|**RECONCILIATION OF**||||||
|**FUNDS**||||||
|Total funds brought forward||**24,109**||**24,109**|7,679|
|||---------------------------------------|-----------------------------------|---------------------------------------|---------------------------------------|
|**TOTAL FUNDS CARRIED**||||||
|**FORWARD**||**11,239**||**11,239**|24,109|
|||=======================================|=================================|=======================================|=======================================|



The Statement of financial activities includes all gains and losses in the year. All of the above amounts relate to continuing activities. 

**The notes on pages 6 to 11 form part of these financial statements.** 

**- 6 -** 



## **AL BAYAN WELFARE CENTRE LTD** 

## **BALANCE SHEET                   Company No 7437240** 

**YEAR ENDED 30 NOVEMBER 2020** 

|||**2020**||2019||
|---|---|---|---|---|---|
||**Note**|**£**|**£**|£|£|
|**FIXED ASSETS**||||||
|Tangible Fixed assets|||**320,000**||320,000|
|**CURRENT ASSETS**||||||
|Debtors|**6**|**000**||**000**||
|Cash at Bank and in Hand||**11,239**||**24,109**||
|||---------------------------------||---------------------------------||
|||**11,239**||**24,109**||
|**CREDITORS: Amounts falling**||||||
|**due within one year**|**7**|**(000)**||**(000)**||
|||---------------------------------||---------------------------------||
|**NET CURRENT ASSETS**|||**11,239**||24,109|
||||----------------------------||----------------------------|
|**NET ASSETS/(LIABILITIES)**|**8**||**331,239**||344,109|
||||============================||============================|
|**CHARITY FUNDS**||||||
|Unrestricted Funds||||||
|General|||**320,000**||320,000|
|Designated|||**11,239**||24,109|
||||----------------------------||----------------------------|
|**TOTAL FUNDS**|||**331,239** <br>============================||344,109<br>============================|



For the year ended 30 NOVEMBER 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 

## Trustees' responsibilities: 

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and 

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with the Financial Reporting Standard for Smaller Entities (effective January 2015). 

These financial statements were approved by the trustees on 25[th] October 2020  and signed on its behalf by: 

Mr Khalid Abdalla, Chair/Director 

**The notes on pages 6 to 11 form part of these financial statements.** 

**- 7 -** 



## **AL BAYAN WELFARE CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2020** 

## **1. ACCOUNTING POLICIES: Basis of accounting** 

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014, the Financial Reporting Standard for Smaller Entities (effective January 2015) 

## **Income** 

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. 

## E **xpenditure** 

Expenditure is recognised once there is a legal or constructive obligation to make payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis 

## **Depreciation and Dimunition of Assets** 

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: 

Office equipment (except for IT equipment) 15 % per annum on cost . 

## **General funds** 

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of Camden Mediation and which have not been designated for other purposes. 

## **Designated funds** 

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. 

## **Restricted funds** 

Restricted funds are grants, donations and other incoming resources which are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund. 

## **Governance Costs** 

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include costs linked to the strategic management of the charity. 

**- 8 -** 



**AL BAYAN WELFARE CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2020** 

## **1. ACCOUNTING POLICIES (continued)** 

## **Debtors** 

Trade and other debtors are recognised at the settlement amount due after any trade discounts offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due 

## **Gifts In Kind** 

The charity receives the benefit of work carried out by volunteers which is not costly 

## **2 . INCOME FROM CHARITABLE ACTIVITIES:** 

||**Unrestricted**|**Restricted**|**Total Funds**|Total Funds|
|---|---|---|---|---|
||**Funds**|**Funds**|**2020**|2019|
||**£**|**£**|**£**|£|
|Contracted Services and Fees|29,457||2**9,457**|49,003|
|Other Income|000||00**0**|00|
||--------------------------------|--------------------------------|--------------------------------|--------------------------------|
||**29,457**||**29,457**|49,003|
||=================================|=================================|=================================|=================================|
|<br>**3.INVESTMENT INCOME:**|||||
|||**Unrestricted**|**Total Funds**|Total Funds|
|||**Funds**|**2020**|2019|
|||**£**|**£**|£|
|Bank Interest Received||**00**|**000**|00|
|||--------------------------------|--------------------------------|--------------------------------|
|||**000**|**000**|000|
|||=================================|=================================|=================================|
|<br>**4. COSTS OF CHARITABLE ACTIVITIES:**|||||
|||**Total Funds**||Total Funds|
|||**2020**||2019|
|||**£**||£|
|Charitable Activity||**42,327**||32,573|
|Governance||**000**||000|
|||--------------------------------||--------------------------------|
|||**42,327**||32,573|
|||=================================||=================================|



**- 9 -** 



## **AL BAYAN WELFARE CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2020** 

## **4a . CHARITABLE ACTIVITY:** 

||**2020**|2019|
|---|---|---|
||**£**|£|
|Salaries|**30,922**|10,760|
|Recruitment|**000**|000|
|Staff Training and Supervision|**500**|1,500|
|Tarawee Exp|**750**|2,750|
|Translation Fees|**500**|500|
|Advertising and Marketing|**000**|000|
|Volunteer Expenses|**115**|1,115|
|Staff Travel|**800**|1,800|
|Rent and Rates|**1,600**|1,600|
|Utilities|**1,835**|3,843|
|Cleaning|**000**|000|
|Security|**150**|150|
|Building Repairs and Maintenance|**1,501**|1,901|
|Printing, Publicity & Stationery|**1,300**|1,300|
|Postage|**000**|0000|
|Telephone and Fax|**204**|204|
|Equipment Maintenance & Repair|**1,250**|4,570|
|Computer Expenses|**000**|000|
|Premises Costs and Room Hire|**000**|000|
|Insurance|**698**|698|
|Legal & Professional|**000**|000|
|Bank charges|**202**|202|
||--------------------------------|--------------------------------|
||**42,327**|32,573|
||=================================|=================================|



## **4b. GOVERNANCE:** 

||**Total Funds**|Total Funds|
|---|---|---|
||**2020**|2019|
||**£**|£|
|Independent Examination|**000**|000|
|Administrative Expenses|**00**|000|
|Companies House Filing Fee|**000**|00|
|Bank Charges|**000**|00|
||--------------------------------|--------------------------------|
||**000**|000|
||=================================|=================================|



**- 10 -** 



## **AL BAYAN WELFARE CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 NOVEMBER 2020** 

## **5. STAFF COSTS AND TRUSTEES RENUMERATION:** 

**Staff costs during the year was** 

||**2020**|2019|
|---|---|---|
||**£**|£|
|Wages and Salaries|**30,922**|10,760|
|Social Security Costs|**000**|000|
||--------------------------------|--------------------------------|
||**30,922**|10,760|
||=================================|=================================|



No members of staff were in receipt of emoluments of more than £60,000 during the year. The average number of full time employees was 1 (2019 – 1) 

No trustee received any remuneration in respect of their services as a trustee during either the current or comparative year. 

## **6 . DEBTORS:** 

|||**2020**||2019|
|---|---|---|---|---|
|||**£**||£|
|Trade Debtors||**000**||000|
|Prepayments||||000|
|||---------------------------------||---------------------------------|
|||**000**||000|
|||=================================||=================================|
|**CREDITORS:** **Amounts falling due within one**||**year**|||
|||**2020**||2019|
|||**£**||£|
|Khase Hassana||**000**||000|
|PAYE & NI||**000**||000|
|Deferred Income||**000**||000|
|Other Creditors||**000**||000|
|||---------------------------------||---------------------------------|
|||**000**||000|
|||=================================||=================================|
|**UMMARY OF NET ASSETS BETWEEN FUNDS:**|||||
||**Unrestricted**|**Restricted**|**Total Funds**|Total Funds|
||**Funds**|**Funds**|**2020**|2019|
||**£**|**£**|**£**|£|
|Fixed Assets|**320,000**||**320,000**|320,000|
|Net Current Assets|**11,239**||**11,239**|24,109|
||--------------------------------|--------------------------------|--------------------------------|--------------------------------|
||**331,239**||**333,239**|344,109|
||=================================|=================================|=================================|=================================|



## **7. CREDITORS: Amounts falling due within one year** 

## **8 . SUMMARY OF NET ASSETS BETWEEN FUNDS:** 

**- 11 -**