| PAGE NO | |||
|---|---|---|---|
| Independent | examiners | report on the Accounts | |
| Managements | Declaration | ||
| Balance Sheet | |||
| Income and | expenditure | account |
| BALANCE SHEET AS AT | 31JANUARY | 2023 | ||||
|---|---|---|---|---|---|---|
| Accumulated | Net | |||||
| Cost | Depreciation | Book value | ||||
| 2023 | 2022 | |||||
| FIXED ASSETS | f | f | f | |||
| Freehold Premises |
511,73= | 511,735 | 231,735 | |||
| Premise Improvement | 350,502 | 350,502 | 111,330 | |||
| Legal costs capitalised | 11,506 | 11,506 | ||||
| Fixtures, Fittings and Equipment | 10309 | 7 837 | 2 472 | 3014 | ||
| 884,052 | 7,837 | 876,215 | 346,079 | |||
| CURRENT ASSETS | ||||||
| Cash at bank | 69,618 | 351,406 | ||||
| Cash in hand | 2 426 | |||||
| 72,044 | ||||||
| CURRENT LIABILITIES | ||||||
| Loan: kard e hasanat | 100,000 | 10,000 | ||||
| Creditors and accruals |
1066 | 363 | ||||
| 101,055 | 10,363 | |||||
| Net Current assets (liabilitiesj | ~29011 | 341,043 | ||||
| Net Assets | 847,204 | 687,122 | ||||
| Represented by: |
||||||
| Funds balance brought | forward | 687,122 | 606,940 | |||
| Surplus of receipts over expenditure | in the current | year | 160082 | 80 182 | ||
| Funds balance carried | forward | 847,204 | 687,122 |
| READING ISLAMIC CULTURAL | READING ISLAMIC CULTURAL | CENTRE | CENTRE | ||
|---|---|---|---|---|---|
| INCOME AND EXPENDITURE | ACCOUNT | ||||
| Year ended 31JANUARY | 2023 | 2023 | 2022 | ||
| E | |||||
| INCOME | |||||
| Members contributions |
and | General | Collections | 238,864 | 165,902 |
| Add Borough Council grant | 5 000 | ||||
| 243,864 | 165,902 | ||||
| EXPENDITURE | |||||
| Rent | 7,950 | 9,540 | |||
| Rates/ Council tax | 2,005 | 1,615 | |||
| Water charges | 639 | 424 | |||
| Energy | 3,848 | 1,566 | |||
| Insurance | 1,605 | ||||
| Telephone and internet |
853 | 877 | |||
| Printing, stationery and |
postage | 195 | 36 | ||
| Promotiona I expenses |
105 | ||||
| Repairs, renewals and maintenance |
1,896 | 754 | |||
| Social, Educational, religious |
classes | and congregations | 58,948 | 61,932 | |
| Sports, arts and crafts | 491 | ||||
| Charitable donations and reliefs |
4,208 | 4,412 | |||
| Companies house fees |
13 | 13 | |||
| Accountancy charges |
504 | 367 | |||
| Data Protection subscription | 35 | 35 | |||
| Contribution Collection |
charges | 651 | |||
| Bank charges | 1,495 | 1,287 | |||
| Fixes Assets Depreciation | charges | 542 | 661 | ||
| 83,782 | 85,720 | ||||
| Surplus of income over expenditure | for the year | 160,082 | 80,182 |