Charity Number.. 1151422 CAPEHILL MUSLIM SOCIETY Accounts 31 December 2023 CAPEHILL MUSLIM SOCIETY Contents Page Business information Approval slalemenl Accountants, report Profit and loss account Balance sheet Notes to the accounts CAPEHILL MUSLIM SOCIETY 8usiness Information Trustees Mr Mohammad Arif Raja Mrs Yasmeen Nisar Qureshi Yaqoob Bhal Abdulrahman Raja Accountantsl Independent Examiner TAS Accountants 412 High Street Smelhwick Wesl Midlands B66 3PJ CAPEHILL MUSLIM SOCIETY Approval statement We as trustees of the Capehill Muslim Society approve the accounts which comprise of the Income & Expenditure Account, the Balance Sheet and the related notes. We 8cknowledge our responsibility for the accounts, including the appropriateness of the applicable financial reporting and charities framework as sel out in note 1, and for providing TAS Accounlanls with all information and explanations necessary for their compilation. Mohammad Arif Raja Yaqoob Bhal 31 October 2024 CAPEHILL MUSLIM SOCIETY Independent ExaminerlAccountants' report on the unaudited accounts to CAPEHILL MUSLIM SOCIETY You have approved the accounts for the year ended 31 December 2023 which comprise the Income & Expenditure Account, the Balance Sheet and the related notes. In accordance with your inslruclions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied lo us. TAS Accountsnts 412 High Street Smelhwick West Midlands B66 3PJ 31 October 2024 CAPEHILL MUSLIM SOCIETY Profit and Loss Account for the year ended 31 December 2023 2023 2022 Donation (Unrestricted Funds 84,923 61.877 Donations paid out 1,476 Gross proflt 83,447 61.877 Other IncomelRent Received 6,491 2,622 Expenses Wages, salaries and other staff costs Rent, rates, power and insurance costs Repairs and renewals of property and equipment Telephone, fax, slalionery and other office costs Bank, credit card and other finance charges Depreciation and lossllprofill on sale 16,962 16,034 12,056 5,283 907 2,010 115 876 1,924 672 745 36,337 21,247 Profit 53,601 43,252 CAPEHILL MUSLIM SOCIETY Balance Sheet as at 31 December 2023 Notes 2023 2022 Flxed assets Equipment, machinery and motor vehicles 134,285 135,030 Current assets Cash in hand 265,425 211,079 Current liabilitles Creditors 15,741 15,741 Net current assets 249,684 195,338 Net assets 383,969 330,368 Capital account Balance al start of period Nel income 330,368 53,601 287,116 43,252 383,989 330,368 CAPEHILL MUSLIM SOCIETY Notes to the Accounts for the year ended 31 December 2023 1 Accountlng basis The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland las applied to small enlilies by section 1A of the slandardl. 2 Proflt and loss account analysis 2023 2022 Donations Donations 84,923 61,877 Cost of sales Donations I Sadkah paid out 1,476 Restricted Funds Rental Income 6,491 2,622 Wages. salaries and other staff costs Wages and salaries Employer's Nl Staff training and welfare 12,717 500 3,745 16,962 11,672 384 12,056 Rent, rates, power and insurance costs Rent & Rates Light and heal 8,522 7,512 16,034 1,119 4.164 5,283 Repairs and renewals of property and equipment Repairs and maintenance 907 Telephone. fax, stationery and other offleè costs Telephone and lax Insurance costs 317 1,607 323 1,687 2,010 Bank, credit card and other flnance charges Bank charges 672 115 Depreciation and lossllprofitl on sale Depreciation 745 876 CAPEHILL MUSLIM SOCIETY Notes to the Accounts for the year ended 31 December 2023 3 Plant, machinery and motor vehlcles Plant and machinery Fixtures & Flttlngs Total Cost Al 1 January 2023 Al 31 December 2023 130,066 130.066 10,537 10,537 140,603 140,603 Depreciation Al 1 January 2023 Charge lor the year Al 31 December 2023 5,573 745 5,573 745 6.318 6,318 Net book value Al 31 December 2023 130,066 130,066 4,219 4,964 134,285 135,030 Al 31 December 2022