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|Islamic Education Centre and Mosq|Islamic Education Centre and Mosq|ue||||
|---|---|---|---|---|---|
|Statement ofRnanclal Activities||||||
|for the year ended 31March 2023||||||
||||Unrestricted|Total|Total|
||||funds|funds|funds|
|||Notes|2023|2023|2022|
||||f|f|f|
|Income and endowments|from:|||||
|Oonation and legacies|||53,936|53,936|57,880|
|Total|||53,936|53,936|57,880|
|Expenditure on:||||||
|Other|||57,642|57,642|24,817|
|Total|||57,642|57,642|24,817|
|Net gains on investments||||||
|Net Income|||(3,706)|(3,706)|33,063|
|Transfers between
funds||||||
|Net income before other||||||
|gains/(losses)|||(3,706)|(3,706)|33,063|
|Other gains and losses||||||
|Net movement
in funds|||(3,706)|(3,706)|33,063|
|Reconciliation offunds:||||||
|Total funds brought forward|||59,582|59,582|26,519|
|Total funds carried forward|||55,876|55,876|59,582|
||||817,631|828,042|
|---|---|---|---|---|
||||817,631|828,042|
|Current assets|||||
|Cash at bank and in||hand|55,876|59~|
||||55,876|59~2|
|Credrtors: Amount|f'ailing due within one year||||
|Net current assets|||55,876|59~2|
|Total assets less current liabilities|||873~7|887,624|
|Net assets exduding||pension asset or liability|873,507|887,624|
|Total net assets|||873,507|887,624|
|lhe funds ofthe charity|||||
|ltestricted funds|||||
|Unrestricted
funds|||||
|General funds|||873,507|887,624|
||||873~7|887,624|
|Reserves|||||
|Total funds|||873~7|887,624|
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|Funds accounting|Funds accounting||||||||
|---|---|---|---|---|---|---|---|---|
|Unrestricted|funds|These are|available for|use at|the discretion|ofthe trustees||in|
|||furtherance|ofthe general objects ofthe charity.||||||
|Designated|funds|These are|unrestricted|funds|earmarked
by|the trustees|for||
|||particular|purposes.||||||
|Revaluation|funds|These are|unrestricted|funds|which include|a revaluation|reserve||
|||representing
the restatement|||ofinvestments|assets at their|||
|||market value.|||||||
|Restricted funds||These are|available for|use subject to restriction
imposed||||by the|
|||donor or through
terms||ofan|appeal.||||
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|2|Statement of Flnandal
Activities - prior year|Statement of Flnandal
Activities - prior year|Statement of Flnandal
Activities - prior year|Statement of Flnandal
Activities - prior year|Statement of Flnandal
Activities - prior year|Statement of Flnandal
Activities - prior year||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Unrestricted|Total|
|||||||||funds|funds|
|||||||||2022|2022|
|||||||||f|E|
||Income and endowments|||from:||||||
|||Donations|and legacies|||||57,880|57,880|
||Total|||||||57,880|57,880|
||Expenditure
on:|||||||||
|||Other||||||24,817|24,817|
|||||||||24,817|24,817|
||Net income|||||||33,063|33,063|
||Net income before other|||gains/(losses)||||33,063|33,063|
||Other|gains and|losses:|||||||
||Net movement||in funds|||||33,063|33,063|
||Reconciliation offunds:|||||||||
||Total|funds brought forward||||||26,519|26,519|
||Total|funds carried forward||||||59,582|59,582|
|3|income firorn donations
and legacies||||||Linrestrlcted|Total|Total|
|||||||||2023|2022|
|||||||||E|f|
||||||||53,936|53,936|57,880|
||||||||53,936|53,936|57,880|
|4|Other expenditure||||||Unrestricted|Total|Total|
|||||||||2023|2022|
||||||||E|E||
|||Employee|costs||||1,208|1,208|5,447|
|||Premises|costs||||45,669|45,669|19,162|
|||Amortisation,
depreciation,||||impairment,||||
|||profit/loss|on disposal||of Fixed assets||10,411|10,411|(3,673)|
|||General administrative|||costs||354|354|965|
|||Legal and|professional||costs||||2,916|
||||||||57,642|57,642|24,817|
|5|Net Income before transfers|Net Income before transfers|2023
f|2022
f|
|---|---|---|---|---|
||This is stated|after charging:|||
||Depreciation|ofowned fixed assets|10411|(3,673)|
|6|Staff costs||2023|2022|
||Salaries and|wages|1208|5447|
||||1208|5447|
|7|Tangible fixed assets||||Land|&buildings|
|---|---|---|---|---|---|---|
||Cost||||||
||At 1April 2022|||||842,737|
||Additions||||||
||At31March|2023||||842,737|
||Depreciation||||||
||At 1April 2022|||||14,695|
||Charge for the year|||||10,411|
||At 31March|2023||||25,106|
||Net book value||||||
||At 31March|2023||||817,631|
||At 31March|2022||||828,042|
|8|Creditors:||||||
||Amounts
falling due within one year|||2023||2022|
||Other taxes|and social security|||||
||Accruals||||||
|9|Movement
ln funds|||Incoming|||
|||||resources|||
|||||(Including|Resources||
||||At 1April|other|expended|At $1March|
||||2022|gains/losses)||2023|
||||K|K|||
||Restricted funds:||||||
||Unrestricted|funds:|||||
||General funds||59,582|53,936|(57,642)|55,876|
||Total funds||59,582|53,936|(57,642)|55,876|
##
|10|Analysis ofnet assets between funds||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds||
||||f|f||
||Fixed assets||828,042|10,411|817,631|
||Net current assets||55,876||55,876|
||||883,918|10.411|873,507|
||Restricted funds refer to ammortlsation|and depreciation||||
|11|Recondliation ofnet debt|||||
||||At 1April|Cash|At 31March|
||||2022|flows|2023|
||||f|E|E|
||Cash and cash equivalents||59,582|(3,706)|55,876|
||||59,582|(3,706)|55,876|
||Net debt||55,562|I3,7061|55,876|
##
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2023|2023|2022|
|Income and endowments
from:||||||
|Donations
and legacies|||53,936|53,936|77,880|
||||53,936|53,936|77,880|
|Total income and endowments|||53,936|53,936|77,880|
|Expenditure
on:||||||
|Employee costs||||||
|Salaries/wages|||1,208|1,208|5,447|
||||1,208|1,208|5,447|
|Premises costs||||||
|Rates|||1,880|1,880|1,298|
|Light, heat and power|||9,461|9,461|9,073|
|Premises insurances|||1,425|1,425|1,337|
|Premises repairs and maintenance|||18,427|18,427|7,413|
|Other premises costs|||476|476|41|
||||31,669|31,669|19,162|
|General administrative|costs, inc depreciation|||||
|and amortisation||||||
|Depreciation
of|||10,411|10,411|(3,673)|
|Stationery
and printing|||18|18|515|
|Telephone,
fax and|broadband||336|336|450|
||||10,765|10,765|(2,708)|
|Legal and professional
costs
Other legal and professinal||costs|||2,916|
||||||2,916|
|Total ofexpenditure
ofother costs|||43,642|43,642|24,817|
|Total expenditure||||||
|Net gains on investments||||||
|Net income|||10,294|10,294|53,063|
|Net income before other gains/(losses)|||10,294|10,294|53,063|
|Other gains||||||
|Net movement
tn funds|||10,294|10,294|jj,ojj|