2023-03-31-accounts - Kilburn Islamic Centre Ltd

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Company Registration No. 08078275 (England and Wales)

KILBURN ISLAMIC CENTRE LTD ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE PERIOD FROM 1 JUNE 2022 TO 31 MARCH 2023

KILBURN ISLAMIC CENTRE LTD ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS

	Page
Company information	3
Directors' report	4
Income statement	5
Statement of financial position	6
Notes to the accounts	7
Detailed profit and loss account	9

KILBURN ISLAMIC CENTRE LTD COMPANY INFORMATION FOR THE PERIOD FROM 1 JUNE 2022 TO 31 MARCH 2023

Directors

Company Number

Registered Office

AHMED, Rahell Uddin MIAH, Bayazid Noor Ahmed MOHAMED, Jamal Abdi 08078275 (England and Wales) 292/294 KILBURN HIGH ROAD LONDON NW6 2DB

KILBURN ISLAMIC CENTRE LTD (COMPANY NO: 08078275 ENGLAND AND WALES) DIRECTORS' REPORT

The directors present their report and accounts for the period from 1 June 2022 to 31 March 2023.

Directors

The following directors held office during the whole of the period:

AHMED, Rahell Uddin MIAH, Bayazid Noor Ahmed MOHAMED, Jamal Abdi

Charitable and Political donations

Charitable donations were made to other charities in the amount of £1,704

Statement of directors' responsibilities

The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.

Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Signed on behalf of the board of directors

............................................................................

AHMED, Rahell Uddin Director

Approved by the board on: 18 August 2024

KILBURN ISLAMIC CENTRE LTD INCOME STATEMENT FOR THE PERIOD FROM 1 JUNE 2022 TO 31 MARCH 2023

	2023	2022
	£	£
Turnover	227,125	376,192
Administrative expenses	(377,620)	(420,242)
Other operating income	-	6,892
Operating loss	(150,495)	(37,158)
Interest payable and similar charges	(236)	-
Loss on ordinary activities before taxation	(150,731)	(37,158)
Tax on loss on ordinary activities	-	-
Loss for the period	(150,731)	(37,158)

KILBURN ISLAMIC CENTRE LTD STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2023

Notes Fixed assets Tangible assets 4 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current (liabilities)/assets Total assets less current liabilities Creditors: amounts falling due after more than one year 6 Net assets Capital and reserves Profit and loss account Shareholders' funds	2023 £ 33,250 24,271 (29,148) (4,877) 28,373 (7,010) 21,363 21,363 21,363	2022 £ 43,391 142,118 (13,415)
		128,703
		172,094 -
		172,094
		172,094
		172,094

For the period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors 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 in accordance with the provisions of FRS 102 Section 1A - Small Entities.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2024 and were signed on its behalf by

AHMED, Rahell Uddin Director

Company Registration No. 08078275

KILBURN ISLAMIC CENTRE LTD NOTES TO THE ACCOUNTS FOR THE PERIOD FROM 1 JUNE 2022 TO 31 MARCH 2023

1 Statutory information

KILBURN ISLAMIC CENTRE LTD is a private company, limited by shares, registered in England and Wales, registration number 08078275. The registered office is 292/294 KILBURN HIGH ROAD, LONDON, NW6 2DB.

2 Compliance with accounting standards

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.

3 Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.

Basis of preparation

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Presentation currency

The accounts are presented in £ sterling.

Tangible fixed assets and depreciation

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Land & buildings Not Depreciated 4 Tangible fixed assets Cost or valuation At 1 June 2022 Additions At 31 March 2023 Depreciation At 1 June 2022 Charge for the period At 31 March 2023 Net book value At 31 March 2023 At 31 May 2022 5 Creditors: amounts falling due within one year Bank loans and overdrafts Other creditors	Plant & machinery £ At cost 61,827 - 61,827 18,436 10,848 29,284 32,543 43,391	Computer equipment £ At cost - 1,060 1,060 - 353 353 707 - 2023 £ 2,952 26,196 29,148	Total £ 61,827 1,060
			62,887
			18,436 11,201
			29,637
			33,250
			43,391
			2022 £ - 13,415
			13,415

KILBURN ISLAMIC CENTRE LTD NOTES TO THE ACCOUNTS FOR THE PERIOD FROM 1 JUNE 2022 TO 31 MARCH 2023

6	Creditors: amounts falling due after more than one year	2023	2022
		£	£
	Bank loans	7,010	-

7 Average number of employees

During the period the average number of employees was 14 (2022: 14).

KILBURN ISLAMIC CENTRE LTD DETAILED PROFIT AND LOSS ACCOUNT FOR THE PERIOD FROM 1 JUNE 2022 TO 31 MARCH 2023

This schedule does not form part of the statutory accounts.

Turnover Sales Administrative expenses Wages and salaries Staff training and welfare Travel and subsistence Entertaining Rent Rates Light and heat Cleaning Telephone and fax Stationery and printing Courier services Subscriptions Bank charges Insurance Equipment expensed Repairs and maintenance Depreciation Donations Sundry expenses Advertising and PR Other legal and professional Other operating income Government grants Operating loss Interest payable Bank loans and overdrafts Loss on ordinary activities before taxation	2023 £ 227,125 88,559 1,428 6,642 - 76,827 4,136 12,769 6,000 2,946 1,269 - 5,992 116 4,009 13,801 139,626 11,201 - - 1,180 1,119 377,620 - (150,495) 236 (150,731)	2022 £ 376,192
		37,785 1,330 16,627 23 61,000 5,211 16,928 (38) 1,238 552 48 6,637 135 5,239 16,167 233,127 10,848 374 299 6,675 37
		420,242
		6,892
		(37,158)
		-
		(37,158)