##
##
##
|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|11|
|Statement ofTrustees' Responsibilities||12||
|Report ofthe Independent
Auditors|13|to|15|
|Statement ofFinancial Activities||16||
|Statement ofFinancial Position|17|to|18|
|Statement ofCash Flows||19||
|Notes to the Statement ofCash Flows||20||
|Notes to the Financial Statements|21|to|33|
|Detailed Statement ofFinancial Activities|34|to|36|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|fund|funds|funds|
|||Notes|5||8||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies||2|458,564|3,676|462,240|614,610|
|Charitable
activities|||||||
|Eden project|||123,465|8,527|131,992|134,243|
|Quran school|||20,388|12,918|33,306|26,369|
|Ramadhan
project|||77,756||77,756|25,785|
|COVID Grants||||4,000|4,000|85,089|
|Community
Project Grants||||50,000|50,000|75,000|
|Compensation
from Telford Home|||35,004||35,004||
|Rental income|||375,296||375)296|420,395|
|Profit on Sale ofFixed|Assets|||||100,534|
|Total|||1,090,473|79,121|1,169,594|1,482,025|
|EXPENDITURE ON|||||||
|Raising funds||5|93,060||93,060|43,149|
|Charitable
activities|||||||
|Mosque 4t community|||945,155||945,155|887,941|
|Quran school|||15,509||15,509|1,385|
|Sadakah||||||150|
|Zakatul Fitry||||5,200|5,200||
|Ramadhan
project|||31,534||31,534|10,738|
|Community
Project Grants||||||40,553|
|Exceptional
Items||||||669,125|
|Total|||1,085,258|5,200|1,090,458|1,653,041|
|Net gains on investments|||1,016&911||1,016,911||
|NET INCOME/(EXPENDITURE)|||1,022,126|73,921|1,096,047|(171,016)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought forward|||14,872,338|120,888|14,993,226|15,164,242|
|TOTAL FUNDS CARRIED FORWARD|||15,894,464|194,809|16,089,273|14,993,226|
##
##
||STATEME|NT OF FINANCIAL
31MARCH 2023|POSITION||
|---|---|---|---|---|
||||31.3.23|31.3.22|
|||Notes|E||
|FIXEDASSETS|||||
|Tangible assets||14|12,530,294|13,475,395|
|Investment
property||15|2,545,000|490,000|
||||15,075,294|13,965,395|
|CURRENT ASSETS|||||
|Debtors||16|687,851|567,566|
|Cash at bank and in hand|||368&819|521,235|
||||1,056,670|1,088,801|
|CREDITORS|||||
|Amounts
falling due within|one year|17|(42,691)|(60,970)|
|NKT CURRENT ASSETS|||1,013,979|1,027,831|
|TOTAL ASSETSLESSCURRENT|||||
|LIABILITIES|||16,089,273|14,993,226|
|NET ASSETS|||16&089,273|14,993,226|
|FUNDS||19|||
|Unrestricted
funds|||15,894,464|14,872,338|
|Restricted funds|||194,809|120,888|
|TOTAL FUNDS|||16&089,273|14,993,226|
##
##
##
||||STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS||
|---|---|---|---|---|---|---|
|||FOR|THE|YEAR ENDED 31MARCH 2023|||
||||||31.3.23|31.3.22|
||||Notes|||f|
|Cash flows from operating||activities|||||
|Cash generated
from operations||||1|62,370|(168,512)|
|Net cash provided
by/(used||in) operating||activities|62,370|(168,512)|
|Cash flows from investing||activities|||||
|Purchase ofintangible
fixed||assets||||620|
|Purchase oftangible fixed|assets||||(214,786)|(1,140,586)|
|Sale oftangible fixed assets||||||340,768|
|Net cash used in investing|activities||||(214,786)|(799,198)|
|Change in cash and cash|equivalents||||||
|in the reporting
period|||||(152&416)|(967,710)|
|Cash and cash equivalents||at the|||||
|beginning
ofthe reporting||period|||521,235|1,488,945|
|Cash and cash equivalents||at the|end||||
|ofthe reporting
period|||||368,819|521,235|
##
##
##
##
|OPERATING ACTIVITI|ES||||
|---|---|---|---|---|
||||31.3.23|31.3.22|
|Net income/(expenditure)|for the reporting|period (as per the|||
|Statement ofFinancial Activities)|||1,096,047|(171,016)|
|Adjustments
for:|||||
|Depreciation
charges|||121,798|135,358|
|Losses on investments|||(1,016,911)||
|Profit on disposal offixed assets||||(100,534)|
|Increase in debtors|||(120,285)|(61,957)|
|(Decrease)/increase
in creditors|||(18,279)|29,637|
|Net cash provided
by/(used|in) operations||62,370|(168,512)|
##
||At 1/4/22|Cash flow|At 31/3/23|
|---|---|---|---|
|Net cash||||
|Cash at bank and in hand|521,235|(152,416)|368,819|
||521,235|(152,416)|368,819|
|Total|521,235|(152)416)|368,819|
##
##
##
##
##
##
##
##
##
##
##
##
##
|Freehold|property|2%on building|cost|
|---|---|---|---|
|Long leasehold||2% on cost||
|Fixtures|and fittings|20%on cost||
|Computer|equipment|20%on cost||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|
|Rents receivable|||||362,796|311,293|
|Rosemary Investment||Income|||12,500|109,102|
||||||375,296|420,395|
|INCOME FROM CHARITABLE ACTIVITIES|||||||
||||||31.3.23|31.3.22|
||||Activity||||
|Eden income|||Eden project||131&992|134,243|
|Eid party|||Quran school||12,918||
|Quran School|||Quran school||20,035|21,011|
|Books sale|||Quran school||353|230|
|Income from trips|||Quran school|||5,128|
|Ramadhan
Sponsorship|||Ramadhan
project||77,756|25,785|
|COVID Grants|||COVID Grants||4,000|85,089|
|Community
Project Grants|||Community
Project Grants||50,000|75,000|
|Compensation|fiom||||||
|Telford Home|||Compensation|from Telford Home|35,004||
||||||332,058|346,486|
|Grants received, included|||in the above, are|as follows:|||
||||||31.3.23|31.3.22|
|Job Retention|Scheme||||4,000|85,089|
##
##
##
|Raising donations|Raising donations|and legacies|and legacies||||
|---|---|---|---|---|---|---|
||||||31.3.23|31.3.22|
|Just giving|expense||||126|216|
|Donations|to other|charities|||39,800|2,300|
||||||39,926|2,516|
|Other trading
activities|||||||
||||||31.3.23|31.3.22|
|Bad debts||||||1,941|
|Investment|management||costs||||
||||||31.3.23|31.3.22|
|Council Tax &Service Charges|||||14&451|22,347|
|Property management|||||38,683|16,345|
||||||53,134|38,692|
|Aggregate|amounts||||93,060|43,149|
|CHARITABLE ACTIVITIES COSTS|||||||
||||||Support||
|||||Direct|costs (see||
|||||Costs|note 7)|Totals|
|Mosque &|community|||687,766|257,389|945,155|
|Quran school||||15&509||15,509|
|Zakatul Fitry||||5,200||5,200|
|Ramadhan|project|||31,534||31,534|
|||||740,009|257,389|997&398|
##
##
##
|7.|SUPPORT|COSTS|||||
|---|---|---|---|---|---|---|
||||||Governance||
||||Management|Finance|costs|Totals|
|||||8|||
||Mosque &|community|214,362|3,379|39,648|257)389|
|8.|EXCEPTIONAL ITEMS||||||
||||||31.3.23|31.3.22|
||Exceptional|items||||669,125|
|||31.3.23|31.3.22|
|---|---|---|---|
|Depreciation - owned assets||121,798|135,978|
|Surplus on disposal offixed assets|||(100,534)|
|AUDITORS' REMUNERATION||||
|||31.3.22|31.3.21|
|Fees payable to the charity's
auditors|and their associates for the audit|||
|ofthecharity's
financial
statements||3,800|3,500|
|Auditors'
remuneration
for non audit|work|3,400|3,400|
##
##
##
##
##
##
|KKY|MANAGEMENT|||
|---|---|---|---|
|||31.3.23|31.3.22|
|Wages|and salaries|464&456|436,109|
|Social|security costs|29,281|21,950|
|Other|pension costs|1,974|2,560|
|||495,711|460,619|
|The aver|age|monthly
|nu|mber ofemployees
during the year|was as follows:||
|---|---|---|---|---|---|---|
||||||31.3.23|31.3.22|
|Engaged|on|charitable|activities||28|28|
|Engaged|on|management||and administration|9|9|
||||||37|37|
##
|COMPARATIVKS FOR THK STATEMENT OF|FINANCIAL ACTI|VITIES 31.3.2|2|
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|fund|funds|
|INCOME AND ENDOWMENTS FROM||||
|Donations
and legacies|145,017|469,593|614,610|
|Charitable
activities||||
|Eden project|134,243||134,243|
|Quran school|26,369||26,369|
|Ramadhan
project|25,785||25,785|
|COVID Grants|85,089||85,089|
|Community
Project Grants||75,000|75,000|
|Rental income|420,395||420,395|
|Profit on Sale ofFixed Assets|100,534||100,534|
|Total|937,432|544,593|1,482,025|
##
##
##
##
|COMPARATIVES
continued|FOR THE STATEMEN|T OF FINANCIAL ACT|IVITIES 31.3|.22-|
|---|---|---|---|---|
|||||Total|
|||||funds|
|Raising funds||||43,149|
|Charitable
activities|||||
|Mosque &community||887,941||887,941|
|Quran school||1,385||1,385|
|Sadakah||150||150|
|Ramadhan
project||10,738||10,738|
|Community
Project Grants|||40,553|40,553|
|Exceptional Items|||669,125|669,125|
|Total||943,363|709,678|1,653,041|
|NET INCOME/(EXPENDITURE)||(5,931)|(165,085)|(171,016)|
|Transfers
between funds||824,536|(824,536)||
|Net movement
in funds||818,605|(989,621)|(171,016)|
|RECONCILIATION|OF FUNDS||||
|Total funds brought
forward||14,053,733|1,110,509|15,164,242|
|TOTAL FUNDS CARRIED|||||
|FORWARD||14,872,338|120,888|14,993,226|
##
##
##
|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||||Fixtures|
||Freehold|Long|slid|
||property|leasehold|fittings|
|COST||||
|At 1 April 2022|13,751,135|107)564|61&106|
|Additions|214,786|||
|Reclassification|(1,086,766)|||
|At 31March 2023|12,879)155|107)564|61,106|
|DEPRECIATION||||
|At l April 2022|422,162|4,302|52,254|
|Charge for year|101,805|2)151|7,964|
|Reclassification/transfer|(48,677)|||
|At 31March 2023|475,290|6,453|60,218|
|NET BOOK VA.LUE||||
|At 31March 2023|12,403,865|101,111|888|
|At 31March 2022|13,328,973|103,262|8,852|
||Motor|Computer||
||vehicles|equipment|Totals|
|COST||||
|At 1April 2022|9,075|44,694|13,973,574|
|Additions|||214,786|
|Reclassification|||(1,086,766)|
|At 31March 2023|9,075|44,694|13,101,594|
|DEPRECIATION||||
|At I April 2022|4,538|14,923|498,179|
|Charge for year|2,269|7,609|121,798|
|Reclassification/transfer|||(48,677)|
|At 31March 2023|6,807|22,532|571,300|
|NET BOOKVALUE||||
|At 31March 2023|2,268|22,162|12,530,294|
|At 31March 2022|4,537|29,771|13,475,395|
##
##
##
||FAIRVALUE||||||
|---|---|---|---|---|---|---|
||At I April 2022|||||490,000|
||Revaluation|||||1,016,911|
||Reclassification|||||1,038,089|
||At 31March 2023|||||2,545,000|
||NET BOOKVALUE||||||
||At 31 March 2023|||||2,545,000|
||At 31March 2022|||||490,000|
||The investment|properties|are stated at their fair|value determined|by trustees.||
||FAIR VALUE at 31 March||2023 is represented|by:|||
||Valuation
in 2023|||||2,545,000|
|16.|DEBTORS||||||
||||||31.3.23|31.3.22|
||Amounts
falling|due within|one year:||||
||Trade debtors||||26,320|106,174|
||Other debtors||||476,561|269,059|
||Prepayments||||6,970|14,333|
||||||509,851|389,566|
||Amounts
falling|due afler more than one year.|||||
||Other debtors||||178,000|178,000|
||Aggregate
amounts||||687,851|567,566|
##
##
##
##
|CREDITORS: AMOUNTS FALLING DUE WITH|IN ONE YEAR||
|---|---|---|
||31.3.23|31.3.22|
|Trade creditors|490||
|Social security and other taxes|7,989|2,340|
|Other creditors|23,592|49,540|
|Accrued expenses|10)620|9,090|
||42,691|60,970|
##
##
|ANALYSIS OFNET ASSE|TSBETWEEN FUNDS||||
|---|---|---|---|---|
||||31.3.23|31.3.22|
||Unrestricted|Restricted|Total|Total|
||funds|fund|funds|funds|
|Fixed assets|12,530,294||12,530,294|13,475,395|
|Investments|2,545,000||2,545,000|490,000|
|Current assets|861,861|194&809|1,056)670|1,088,801|
|Current liabilities|(42,691)||(42,691)|(60,970)|
||15,894,464|194,809|16,089,273|14,993,226|
##
|MOVEME|N|T IN FUNDS||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1/4/22|in funds|31/3/23|
|Unrestricted||funds||||
|General fund|||14,839,815|5,215|14,845,030|
|Revaluation||reserve|32,523|1)016,911|1&049&434|
||||14,872,338|1,022,126|15,894,464|
|Restricted|funds|||||
|Restricted|fund||120,888|73&921|194,809|
|TOTALFUNDS|||14,993,226|1,096,047|16,089,273|
##
##
##
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted
funds||||||
|General fund||1,090,473|(1,085,258)||5,215|
|Revaluation
reserve||||1,016,911|1,016,911|
|||1)090,473|(1,085,258)|1)016,911|1,022,126|
|Restricted funds||||||
|Restricted fund||79&121|(5,200)||73,921|
|TOTALFUNDS||1,169,594|(1,090,458)|1,016,911|1,096,047|
|Comparatives
for movement|in funds|||||
||||Net|Transfers||
||||movement|between|At|
|||At 1/4/21|in funds|funds|31/3/22|
|Unrestricted
funds||||||
|General fund||14,021,210|(5,931)|824,536|14,839,815|
|Revaluation
reserve||32,523|||32,523|
|||14,053,733|(5,931)|824,536|14,872,338|
|Restricted funds||||||
|Restricted fund||1,110,509|(165,085)|(824,536)|120,888|
|TOTAL FUNDS||15,164,242|(171,016)||14,993,226|
##
##
##
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund|937,432|(943,363)|(5,931)|
|Restricted funds||||
|Restricted fund|544,593|(709,678)|(165,085)|
|TOTAL FUNDS|1,482,025|(1,653,041)|(171,016)|
##
##
##
||FORTHE YEAR ENDED|31MARCH 2023||
|---|---|---|---|
|||31.3.23|31.3.22|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations||400,492|145,007|
|Donation
Overseas||61&748|469,603|
|||462,240|614,610|
|Rental income||||
|Rents receivable||362,796|311,293|
|Rosemaiy Investment|Income|12,500|109,102|
|||375&296|420,395|
|Charitable
activities||||
|COVID Grants||4,000|85,089|
|Community
Project Grants||50&000|75,000|
|Eid party||12,918||
|Quran School||20,035|21,011|
|Ramadhan
Sponsorship||77,756|25,785|
|Eden income||131,992|134,243|
|Books sale||353|230|
|Income from trips|||5,128|
|Compensation
I'rom Telford Home||35,004||
|||332,058|346,486|
|Profit on Sale ofFixed Assets||||
|Gain on sale oftangible fixed assets|||100,534|
|Total incoming
resources||1,169,594|1,482,025|
|EXPENDITURE||||
|Raising donations
and legacies||||
|Just giving expense||126|216|
|Donations
to other charities||39,800|2,300|
|||39,926|2,516|
|Other trading
activities||||
|Bad debts|||1,941|
##
||MUSLIM WELFARE HOUSE|MUSLIM WELFARE HOUSE|MUSLIM WELFARE HOUSE||
|---|---|---|---|---|
||DETAILED STATEMENT OFFINANCIAL ACTIVITIES||||
|||FORTHE YEAR ENDED 31MARCH 2023|||
||||31.3.23|31.3.22|
|Other trading
activities|||||
|Investment
management||costs|||
|Council Tax BcService Charges|||14,451|22,347|
|Property management|||38,683|16,345|
||||53,134|38,692|
|Charitable
activities|||||
|Wages|||464,456|436,109|
|Social security|||29,281|21,950|
|Pensions|||1,974|2,560|
|Insurance|||24,538|9,802|
|Telephone|||5,632|9,467|
|Postage and stationeiy|||4,628|3,919|
|Sundries|||1,204|9,316|
|Cleaning|||17)783|11,640|
|Travelling|||22,037|10,828|
|Website
dr. software|||11,293|5,379|
|Guests and food|||2,131|1,929|
|Youth employment|project||1&069|13,009|
|Community
Projects Costs|||50,052|40,553|
|Ramadan Cost|||31&534|10,738|
|Eid party cost|||13,234||
|Sadakah||||150|
|Repairs 6trenewals|||43,941|79,908|
|CEO Expenses|||4)123|1,574|
|Quran School cost|||2,275|2,465|
|Victim support expense|||2,794|2,111|
|Trustees Expenses|||830|1,134|
|Zakatul Fitry|||5)200||
||||740,009|674,541|
|Exceptional Items|||||
|Exceptional
items||||669,125|
|Support costs|||||
|Management|||||
|Rates and water|||6,697|3,081|
|Light and heat|||74,572|62,261|
|Advertising|||9,496|895|
|Stafftraining
Bcwelfare||||1,568|
|Subscriptions|||1,799|6,547|
|Carried forward|||92,564|74,352|
##
##
||FOR THK YEAR ENDED 31|MARCH 2023||
|---|---|---|---|
|||31.3.23|31.3.22|
|Management||||
|Brought forward||92,564|74,352|
|Freehold property
depreciation||101,805|117,876|
|Long leasehold||2,151|2,151|
|Fixtures and fittings||7,964|7,964|
|Motor vehicles||2,269|2,269|
|Computer
equipment||7,609|5,098|
|||214,362|209,710|
|Finance||||
|Bank charges||3&379|2,341|
|Governance
costs||||
|Auditors'
remuneration||3,800|3,800|
|Auditors'
remuneration|for non audit work|1,200|3,400|
|Legal fees||34,648|46,975|
|||39,648|54,175|
|Total resources expended||1,090,458|1,653,041|
|Net income/(expenditure)|before gains|||
|and losses||79&136|(171,016)|
|Unrealised
Gain on Revaluation||||
|Unrealised
Gain on Revaluation||1,016,911||
|Net income/(expenditure)||1,096,047|(171,016)|