**DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Charity No. 1153895 Company No. 07760929 Trustees' Report and Unaudited Accounts** **30 September 2022** **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Contents** ||Pages|| |---|---|---| |Trustees' Annual Report|2 to 3|| |Independent Examiner's Report||4| |Statement of Financial Activities||5| |Summary Income and Expenditure Account||6| |Balance Sheet||7| |Notes to the Accounts|8 to|13| |Detailed Statement of Financial Activities|14 to|15| Page 1 **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Trustees Annual Report** The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 30 September 2022. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Company No. 07760929** ## **Charity No. 1153895** ## **Principal Office** 243 Plaistow Road Stratford London E15 3EU ## **Registered Office** 54 Marcus Court London E15 3JU ## **Directors and Trustees** The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year: M.A. RAHMAN M. SEIDU (Resigned 1 October 2021) **Directors of Corporate Trustees** M A Rahman Tazmul Islam Rahman ## **Accountants** Noah 137 Shadwell Gardens London E1 2QL Page 2 **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Trustees Annual Report** ## **OBJECTIVES AND ACTIVITIES** To advance the education of the gereral public by providing training and retraining facilities, particularly among unemployed people for the purpose of helping such people find employment and integrating them to the community. To advance the education of the public in the subject of islam through the holding of prayer meeetings, lectures, public celebration of religious festivals and the distribution of literature on the islamic faith for the benefit of the public and community. To advance the education of, and to provide facilities in the interest of social welfare for leisure time occupation with the objective of improving the conditions of life for all residents of London and the community by the provision, maintenance and management of a community centre. Our operations and the year-end financial position were satisfactory and are disclosed in the report and financial statements. ## **FINANCIAL REVIEW** The charity received total income of £131,704 (2021-£162,878) during the year. After payments of outgoing expenses of £153,994 (2021-£174,170), the charity was left with a deficit of £22,290 (2021 : £11,292) ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee as defined by the Companies Act 2006. ## Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102). Signed on behalf of the board M.A. RAHMAN Trustee 05 June 2023 Page 3 **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Independent Examiners Report** ## **Independent Examiner's Report to the trustees of DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED** I report to the charity trustees on my examination of the financial statements of DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED for the year ended 30 September 2022 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes. ## **Responsibilities and basis of report** As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that: - accounting records were not kept in accordance with section 386 of the 2006 Act ; or - the financial statements do not accord with those records; or - the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or - the financial statements have not been prepared in accordance with the Charities SORP (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Md Sohel FCCA ACCA Noah 137 Shadwell Gardens London E1 2QL 05 June 2023 Page 4 **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Statement of Financial Activities** ## **for the year ended 30 September 2022** |**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Investments
5
**Total**
**Expenditure on:**
Charitable activities
6
Other
7
**Total**
Net gains on investments
**Net expenditure**
Transfers between funds
**Net expenditure before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2022**
**£**
123,454
8,250|**Total funds**
**2022**
**£**
123,454
8,250|**Total funds**
**2021**
**£**
150,379
12,500| |---|---|---|---| ||131,704
37,225
116,769|131,704
37,225
116,769|162,879
26,826
147,345| ||153,994
-|153,994
-|174,171
-| ||(22,290)
-|(22,290)
-|(11,292)
-| ||(22,290)|(22,290)|(11,292)| ||(22,290)
138,949|(22,290)
138,949|(11,292)
150,241| ||116,659|116,659|138,949| Page 5 **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Summary Income and Expenditure Account** ## **for the year ended 30 September 2022** |Income
Interest and investment income
**Gross income for the year**
Expenditure
Interest payable
**Total expenditure for the year**
Net expenditure before tax for the year
**Net expenditure for the year**|**2022**
**£**
123,454
8,250
131,704
144,814
9,180
153,994
(22,290)
(22,290)|**2021**
**£**
150,379
12,500| |---|---|---| |||162,879| |||165,051
9,120| |||174,171| |||(11,292)| |||(11,292)| Page 6 **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Balance Sheet** ## **at 30 September 2022** |**Company No.**
**07760929**
**Notes**
**2022**
**£**
**Fixed assets**
Tangible assets
10
556,620
556,620
**Current assets**
Debtors
11
37,621
Cash at bank and in hand
415,966
453,587
**Creditors:**Amount falling due within one year
12
(18,931)
**Net current assets/(liabilities)**
434,656
**Total assets less current liabilities**
991,276
**Creditors:**Amounts falling due after more than one year
13
(874,617)
**Net assets excluding pension asset or liability**
116,659
**Total net assets**
116,659
**The funds of the charity**
**Restricted funds**
14
**Unrestricted funds**
14
General funds
116,659
116,659
**Reserves**
14
**Total funds**
116,659|**2021**
**£**
556,620| |---|---| ||556,620
41,433
48,922| ||90,355
(227,959)| ||(137,604)
419,016
(280,067)| ||138,949| ||138,949| ||138,949| ||138,949| ||138,949| These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. For the year ended 30 September 2022 the company was entitled to exemption 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 Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 05 June 2023 And signed on its behalf by: M.A. RAHMAN Trustee 05 June 2023 Page 7 **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Notes to the Accounts** ## **for the year ended 30 September 2022** - 1 **Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **Change in basis of accounting or to previous accounts** There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. ## **Fund accounting** - Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the 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 of investment assets at their market values. - Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. ## **Income** - Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. - Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. - Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. - Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. - Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 8 **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Notes to the Accounts** ## **Expenditure** - Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. - Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. - Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. - Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. - Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Freehold investment property** Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. ## **Trade and other debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **Cash and cash equivalents** Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. ## **Trade and other creditors** Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Page 9 **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Notes to the Accounts** ## **Receipt of donated goods, facilities and services** All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. ## 2 **Company status** The company is a private company limited by guarantee and consequently does not have share capital. ## 3 **Statement of Financial Activities - prior year** |**Income and endowments from:**
Donations and legacies
Investments
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
Voluntary Income & Grants
Madrasa fee|**Unrestricted**
**£**
52,958
70,496
123,454|**Unrestricted**
**funds**
**2021**
**£**
150,379
12,500
162,879
26,826
147,345
174,171
(11,292)
(11,292)
(11,292)
150,241
138,949
**Total**
**2022**
**£**
52,958
70,496
123,454|**Total funds**
**2021**
**£**
150,379
12,500| |---|---|---|---| ||||162,879
26,826
147,345| ||||174,171| ||||(11,292)| ||||(11,292)| ||||(11,292)
150,241| ||||138,949| ||||**Total**
**2021**
**£**
113,436
36,943| ||||150,379| Page 10 ## **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED** ## **Notes to the Accounts** ## 5 **Income from investments** |5|**Income from investments**|||| |---|---|---|---|---| |||**Unrestricted**|**Total**|**Total**| ||||**2022**|**2021**| |||**£**|**£**|**£**| ||Rent|8,250|8,250|12,500| |||8,250|8,250|12,500| |6|**Expenditure on charitable activities**|||| |||**Unrestricted**|**Total**|**Total**| ||||**2022**|**2021**| |||**£**|**£**|**£**| ||_Governance costs_|||| ||Books|1,893|1,893|3,730| ||Legal costs|1,582|1,582|2,640| ||Covered Teacher|33,750|33,750|20,456| |||37,225|37,225|26,826| |7|**Other expenditure**|||| |||**Unrestricted**|**Total**|**Total**| ||||**2022**|**2021**| |||**£**|**£**|**£**| ||Bank loan and overdraft
interest payable|9,180|9,180|9,120| ||Employee costs|48,390|48,390|55,200| ||Motor and travel costs|607|607|-| ||Premises costs|55,614|55,614|79,279| ||General administrative costs|2,978|2,978|3,046| ||Legal and professional costs|-|-|700| |||116,769|116,769|147,345| |8|**Trustee remuneration and expenses**|||| |||**2022**||**2021**| |||**Number**||**Number**| ||The nature of the reimbursed expenses|There were no trustees' remuneration or other benefits||| |||for the year ended 30 September|2021 nor for the year|| |||ended 30 September 2020.||| |9|**Staff costs**|||| |||**2022**||**2021**| ||Salaries and wages|48,390||55,200| |||48,390||55,200| ||No employee received emoluments in excess|of £60,000.||| Page 11 **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Notes to the Accounts** ## 10 **Tangible fixed assets** |**Cost or revaluation**
At 1 October 2021
At 30 September 2022
**Net book values**
At 30 September 2022
At 30 September 2021
11 **Debtors**
Other debtors
Prepayments and accrued income
12 **Creditors:**
amounts falling due within one year
Bank loans and overdrafts
Other taxes and social security
Other creditors
Accruals
13 **Creditors:**
amounts falling due after more than one year
Bank loans and overdrafts
Other creditors
14 **Movement in funds**
**At 1 October**
**2021**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
138,949
**Total funds**
138,949|**2022**
**£**
791
36,830
37,621
**2022**
**£**
18,211
-
-
720
18,931
**2022**
**£**
252,825
621,792
874,617
**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
131,704
131,704|**£**
556,620
556,620
556,620
556,620
**Resources**
**expended**
**£**
(153,994)
(153,994)|**£**
556,620| |---|---|---|---| ||||556,620| ||||556,620| ||||556,620| ||||**2021**
**£**
-
41,433| ||||41,433| ||||**2021**
**£**
-
4
227,255
700| ||||227,959| ||||**2021**
**£**
280,067
-| ||||280,067| ||||**At 30**
**September**
**2022**
**£**
116,659| ||||116,659| Page 12 ## **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Notes to the Accounts** ## 15 **Analysis of net assets between funds** |**Analysis of net assets between funds**|||| |---|---|---|---| |Fixed assets
Net current assets
Creditors due in more than one year and
provisions
**Reconciliation of net debt**
Cash and cash equivalents
Bank loans
Net debt|**At 1 October**
**2021**
**£**|**Unrestricted**
**funds**
**£**
556,620
434,656
(874,617)
116,659
**Cash flows**
**£**|**Total**
**£**
556,620
434,656
(874,617)| ||||116,659| ||||**At 30**
**September**
**2022**
**£**| ||48,922|367,044|415,966| ||48,922
(280,067)
(280,067)
(231,145)|367,044
9,031
9,031
376,075|415,966
(271,036)| ||||(271,036)| ||||144,930| ## 16 **Reconciliation of net debt** ## 17 **Related party disclosures** ## _**Controlling party**_ The company is limited by guarantee and has no share capital; thus no single party controls the company. Page 13 **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED Detailed Statement of Financial Activities** ## **for the year ended 30 September 2022** |**Income and endowments from:**
Donations and legacies
Voluntary Income & Grants
Madrasa fee
Investments
Rent
**Total income and endowments**
**Expenditure on:**
Governance costs
Books
Legal costs
Covered Teacher
**Total of expenditure on charitable**
**activities**
Other expenditure
Bank loan and overdraft interest
payable
Employee costs
Salaries/wages
Motor and travel costs
Vehicles - Fuel
Premises costs
Rent
Rates
Light, heat and power
Premises cleaning
Premises repairs and
maintenance
Other premises costs
General administrative costs,
including depreciation and
amortisation
Bank charges|**Unrestricted**
**funds**
**2022**
**£**
52,958
70,496
123,454
8,250
8,250
131,704
1,893
1,582
33,750
37,225
37,225
9,180
9,180
48,390
48,390
607
607
11,949
2,704
397
1,670
34,291
4,603
55,614
112|**Total funds**
**2022**
**£**
52,958
70,496
123,454
8,250
8,250
131,704
1,893
1,582
33,750
37,225
37,225
9,180
9,180
48,390
48,390
607
607
11,949
2,704
397
1,670
34,291
4,603
55,614
112|**Total funds**
**2021**
**£**
113,436
36,943| |---|---|---|---| ||||150,379| ||||12,500| ||||12,500| ||||162,879
3,730
2,640
20,456| ||||26,826| ||||26,826
9,120| ||||9,120| ||||55,200| ||||55,200| ||||-| ||||-| ||||13,789
767
650
4,660
54,810
4,603| ||||79,279| ||||-| Page 14 ## **DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED** ## **Detailed Statement of Financial Activities** |**Detailed Statement of Financial Activities**|||| |---|---|---|---| |General insurances
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net expenditure**
**Net expenditure before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|1,300
1,149
417
2,978
-
-
116,769
153,994
-
(22,290)
(22,290)
-
(22,290)
138,949
116,659|1,300
1,149
417
2,978
-
-
116,769
153,994
-
(22,290)
(22,290)
-
(22,290)
138,949
116,659|910
1,740
396| ||||3,046| ||||700| ||||700| ||||| ||||147,345| ||||174,171
-| ||||(11,292)| ||||(11,292)
-| ||||(11,292)| ||||150,241| ||||138,949| Page 15