Trustees' Annual Report for the period
From To
Period start date Period end date
01 01 2024 31 12 2024
Section A Reference and administration details ~~ee~~
Charity name Westferry Community Organisation Limited ~~Pe~~ Other names charity is known by ~~Pe~~
Registered charity number (if any) 1149345 ~~OT~~
Charity's principal address 2 The Quarterdeck
London
Postcode E14 8SJ
Names of the charity trustees who manage the charity
Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any) ~~ee es~~ Ahmodur Rahman 1 Khan ~~eees~~ 2 Ahmed Ali ~~ee ee es~~ Mahmod Islam 3 Hannan ~~ee ee ee ee~~ Mohammed Atiqur 4 Rahman ~~eees~~ 5 Ranu Miah ~~ee ee es~~ Mohammed 6 Ishaque Ali ~~ee ee ee~~ 7 Alauddin Ahmed ~~ee ee es~~ Mohammod 8 Mortuza Miah ~~ee ee ee ee~~ 9 ~~eses~~ 10 11 ~~a esGs~~ 12 ~~ee ee es~~ 13 ~~a esGs~~ 14 ~~ee ee es~~ 15 ~~a esGs~~ 16 ~~ee ee es~~ 17 ~~a esGs~~ 18 ~~ee ee es~~ 19 ~~a esGs~~ 20 ~~ee es es~~
Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year a ~~a~~ TAR 1
Dec 2024
Names and addresses of advisers (Optional information)
Type of adviser Name Address Accountant Acumen London 107 Burdett Road, London E3 4JN
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
MEMORANDUM AND ARTICLES Type of governing document (eg. trust deed, constitution) Company How the charity is constituted (eg. trust, association, company) By Appointment Trustee selection methods (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
-
policies and procedures adopted for the induction and training of trustees;
-
the charity’s organisational structure and any wider network with which the charity works;
-
relationship with any related parties;
-
trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
Dec 2024
TAR
2
1.To advance the education on Qur’an and Islamic studies for the public in west ferry and surrounding area particularly, but not exclusively in the Islamic faith. Summary of the objects of the 2. To advance the Islamic faith for the benefit of the public through the charity set out in its holding of prayer rooms, lectures, public celebration of religious festivals, governing document producing and distributing literature on the Islamic faith and to enlighten others about Islam. 3. To provide advice on health and social issues in order to improve the conditions of life of community in west ferry, and the surrounding area. The trustees have undertaken a range of activities to promote the objects of the charity for public benefit. these include organizing educational programs on Qur’an and Islamic studies, holding prayer meetings and religious celebrations, distributing literature to inform the public about Islam, and providing advice on health and social issues to improve community well-being in west ferry and surrounding areas.
The trustees confirm that they have had regard to the guidance issued by the charity commission on public benefit in planning and executing these activities, ensuring that all efforts are focused on benefiting the Summary of the main community and promoting understanding of Islamic faith and values. activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
Additional details of objectives and activities (Optional information)
Dec 2024
TAR
3
You may choose to include further statements, where relevant, about:
-
policy on grantmaking;
-
policy programme related investment;
-
contribution made by volunteers.
Section D Achievements and performance
Dec 2024
TAR
4
Section D Achievements and performance
The charity has achieved significant milestones during the year, including Summary of the main successfully organizing educational workshops and lectures on Islamic achievements of the charity studies, facilitating regular prayer sessions and religious celebrations that during the year have engaged the community, distributing informative literature to raise awareness and understanding of Islamic faith, and providing valuable advice on health and social issues that have contributed to improving community wellbeing. These activities have helped strengthen community bonds, increased awareness and knowledge of Islamic teachings, and promoted a more inclusive and supportive environment within west ferry and the surrounding areas.
Dec 2024
TAR
5
Section E Financial review
Brief statement of the charity’s policy on reserves
Details of any funds materially in deficit
The charity’s policy on reserves is to maintain a prudent level of financial stability to ensure the ongoing delivery of its activities and obligations. The trustees aim to hold reserves sufficient to cover essential operational costs, unforeseen expenses, and potential future projects, while ensuring that funds are used effectively to benefit the community. This policy is reviewed regularly to align with the charity’s activities and financial position.
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
-
the charity’s principal sources of funds (including any fundraising);
-
how expenditure has supported the key objectives of the charity;
-
investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Mohammod Mortuza Miah
Full name(s) Mohammod Mortuza Miah
Position (eg Secretary, Chair, Trustee
etc)
Date 29/09/2025
Dec 2024
TAR
6
Company registration number: 07880951
WESTFERRY COMMUNITY ORGANISATION Trading as WCO Company limited by guarantee
Unaudited financial statements
31 December 2024
WESTFERRY COMMUNITY ORGANISATION Company limited by guarantee
Contents
| Page | |
|---|---|
| Directors and other information | 1 |
| Directors report | 2 |
| Statement of comprehensive income | 3 |
| Statement of financial position | 4 - 5 |
| Statement of changes in equity | 6 |
| Notes to the financial statements | 7 - 10 |
| WESTFERRY COMMUNITY ORGANISATION | |
|---|---|
| Company limited by guarantee | |
| Directors and other information | |
| Directors | Mr Mohammod Mortuza Miah |
| Mr Ahmodur Rahman Khan | |
| Secretary | Mr Rahim Miah |
| Company number | 07880951 |
| Registered office | 2 The Quarterdeck |
| London | |
| E14 8SJ | |
| Accountants | Acumen London |
| 107 Burdett Road | |
| London | |
| E3 4JN | |
| Bankers | LLOYDS BANK |
| LONDON | |
| UK |
Page 1
WESTFERRY COMMUNITY ORGANISATION Company limited by guarantee
Directors report Year ended 31 December 2024
The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2024.
Directors
The directors who served the company during the year were as follows:
Mr Mohammod Mortuza Miah
Mr Ahmodur Rahman Khan
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 24 September 2025 and signed on behalf of the board by:
Mr Mohammod Mortuza Miah Director
Page 2
WESTFERRY COMMUNITY ORGANISATION Company limited by guarantee
Statement of comprehensive income Year ended 31 December 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | |||
| Turnover | 103,277 | 98,754 | |||
| Cost of sales | ) (4,894 |
- | |||
| Gross profit | 98,383 | 98,754 | |||
| Administrative expenses | (109,612 | ) | (79,045 | ) | |
| Other operating income | 7,000 | 9,800 | |||
| Operating (loss)/profit | ) (4,229 |
29,509 | |||
| (Loss)/profit before taxation | 6 | ) (4,229 |
29,509 | ||
| Tax on (loss)/profit | - | - | |||
| (Loss)/profit for the financial year and total | |||||
| comprehensive income | ) (4,229 |
29,509 |
All the activities of the company are from continuing operations.
The notes on pages 7 to 10 form part of these financial statements.
Page 3
WESTFERRY COMMUNITY ORGANISATION Company limited by guarantee
Statement of financial position 31 December 2024
| Note Fixed assets Tangible assets 7 Current assets Debtors 8 Cash at bank and in hand Creditors: amounts falling due within one year 9 Net current assets Total assets less current liabilities Net assets Capital and reserves Called up share capital Profit and loss account Members funds |
2024 £ 10,575 8,500 70,055 78,555 ) (112 |
£ 10,575 78,443 89,018 89,018 44,078 44,940 89,018 |
2023 £ 9,909 8,500 75,224 83,724 ) (386 |
£ 9,909 83,338 |
|---|---|---|---|---|
| 93,247 | ||||
| 93,247 | ||||
| 44,078 49,169 |
||||
| 93,247 |
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
The notes on pages 7 to 10 form part of these financial statements.
Page 4
WESTFERRY COMMUNITY ORGANISATION Company limited by guarantee
Statement of financial position (continued) 31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 24 September 2025, and are signed on behalf of the board by:
Mr Mohammod Mortuza Miah Director
Company registration number: 07880951
The notes on pages 7 to 10 form part of these financial statements.
Page 5
WESTFERRY COMMUNITY ORGANISATION Company limited by guarantee
Statement of changes in equity Year ended 31 December 2024
| Called up share capital Profit and loss account £ £ At 1 January 2023 44,078 19,660 (Loss)/profit for the year 29,509 Total comprehensive income for the year - 29,509 At 31 December 2023 and 1 January 2024 44,078 49,169 (Loss)/profit for the year ) (4,229 Total comprehensive income for the year - ) (4,229 At 31 December 2024 44,078 44,940 |
Total £ 63,738 29,509 29,509 93,247 ) (4,229 ) (4,229 89,018 |
|---|---|
Page 6
WESTFERRY COMMUNITY ORGANISATION Company limited by guarantee
Notes to the financial statements Year ended 31 December 2024
1. General information
The company is a private company limited by guarantee, registered in . The address of the registered office is 2 The Quarterdeck, London, E14 8SJ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. The Triennial review 2017 amendments to the standard have been early adopted.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Page 7
WESTFERRY COMMUNITY ORGANISATION Company limited by guarantee
Notes to the financial statements (continued) Year ended 31 December 2024
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 10% reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Page 8
WESTFERRY COMMUNITY ORGANISATION Company limited by guarantee
Notes to the financial statements (continued) Year ended 31 December 2024
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Limited by guarantee
5. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2).
6. Loss/profit before taxation
Loss/profit before taxation is stated after charging/(crediting):
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Depreciation of tangible assets | 1,175 | 1,101 |
Page 9
WESTFERRY COMMUNITY ORGANISATION Company limited by guarantee
Notes to the financial statements (continued) Year ended 31 December 2024
7. Tangible assets
| Fixtures, fittings and equipment £ Cost At 1 January 2024 15,255 Additions 1,841 At 31 December 2024 17,096 Depreciation At 1 January 2024 5,346 Charge for the year 1,175 At 31 December 2024 6,521 Carrying amount At 31 December 2024 10,575 At 31 December 2023 9,909 8. Debtors 2024 £ Other debtors 8,500 9. Creditors: amounts falling due within one year 2024 £ Social security and other taxes 112 Other creditors - 112 |
Total £ 15,255 1,841 |
|---|---|
| 17,096 | |
| 5,346 1,175 |
|
| 6,521 | |
| 10,575 | |
| 9,909 | |
| 2023 £ 8,500 |
|
| 2023 £ 112 274 |
|
| 386 |
Page 10
WESTFERRY COMMUNITY ORGANISATION Company limited by guarantee
The following pages do not form part of the statutory accounts.
WESTFERRY COMMUNITY ORGANISATION Company limited by guarantee
Detailed income statement Year ended 31 December 2024
| 2024 £ Turnover Donation Received 103,277 103,277 Cost of sales Direct costs ) (4,894 ) (4,894 Gross profit 98,383 Gross profit percentage % 95.3 Overheads Administrative expenses Wages and salaries ) (12,981 Rent payable ) (49,427 Rates ) (218 Insurance ) (666 Light and heat ) (12,125 Cleaning ) (186 Repairs and maintenance ) (332 Printing, postage and stationery ) (219 Telephone ) (482 Travelling and entertainment ) (251 Legal and professional - Accountancy fees ) (274 Bank charges ) (306 General expenses - Charitable donations - type 1 ) (30,970 Depreciation of tangible assets ) (1,175 ) (109,612 Other operating income Rent receivable 7,000 7,000 Operating (loss)/profit ) (4,229 Operating (loss)/profit percentage % 4.1 (Loss)/profit before taxation ) (4,229 |
2023 £ 98,754 98,754 - - 98,754 % 100.0 ) (12,188 ) (45,000 - ) (651 ) (9,337 ) (526 ) (8,599 ) (114 ) (456 ) (73 ) (147 ) (240 ) (613 1 - ) (1,101 ) (79,045 9,800 9,800 29,509 % 29.9 29,509 |
|---|---|
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the Westferry Community Organisation Limited trustees/directors/ members of
| On accounts for the year ended |
31/12/2024 | 31/12/2024 | ||||
|---|---|---|---|---|---|---|
| Charity no.: | 1149345 | Company no.: | 07880951 | |||
| Set out on pages | 1-4 |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 / 12 / 2024 . Responsibilities and As the charity’s trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. The company’s gross income is £103277 and I am qualified to undertake the Independent examination by being a qualified member of ACCA. Delete. examiner's statement I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) which gives me cause to believe that: • accounting records were not kept in accordance with section 386 of the Companies Act 2006; or • the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or •the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Md Wasiul Islam ~~fo~~
Date: 29/09/2025 ~~[~~
1
Name:
Md Wasiul Islam
Relevant professional qualification(s) or body
ACCA
(if any):
Address: 107 Burdett Road London E3 4JN
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
N/A
2