AMENDED Registered Charity Number : 1153895 Company Number : 07760929 DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED a Charitable ITJcorporated Organisation TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR END 30 September 2023 245 Plaistow Road London
DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED CONTENTS FOR THE YEAR ENDED 30 September 2023 TRUSTF.ES' REPORT.............. tNDEPENDENT F.XAMfNER'S REPORT..... STATEMENT OF FtNANCIAL ACTIVITIES.................. . BALANCE SHEET........... NOTES TO THE FINACIAL STATEMENTS------___
DARUL JAMAH TRUST AND STRATFORD MUSLIM CENTRE LI,MITED TRUSTEES, REPORT FOR THE YEAR ENDED 30 September 2023 The trnstees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial stateinenls of the charity for the year ended 3(} S¢pteinber 2023. REFERENCE AND ADMINISTRATIVE DETAILS Company No. 07760929 Charity No. 1153895 Principal Office 245 Plai5tow Road London E15 3EU Registered Office 245 Plaistow Road London E15 3EU Directors 2nd Trustees The Direciors of the charitable company are ils Trust¢cs for the purposes of charity law. The following Directors and Trustees served during the year.. Mohammed Akhalaqur Rahman and Tazmul Islani Rahiiian Directors of Corporate Trustees Mohammed Akhalaqur Rahman Tazmul Islam Rahman Accountants Noah 137 Shadwell Gardens London EI 2QL
DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIIW'IED TRUSTEES, REPORT FOR THE YEAR ENDED 30 September 2023 OBJECTIVES AND ACTIVITIES To adV}ce the education of the gereral public by providiii&F Iraining aiid retraining facilities, particularly among unemployed people for the purpose of helping Such peoplc find cmploymcnt and inicgraling them to the community. To advance the education of the public in the subject of islam through the holding of prayer nieetings, lectures, public celebration of religious festivals and the distribution of literature on thc islamic faith for the benefit of the public and community. To advance the education of, and to provide faciliiies in thc interest of social welfare for leisure timc occupation with ihe objective of improving the conditions of life for all residents of London and the community by the provision. maintcnance and management of a Lommunity cciitre. Our operations and the year-end financial position were satisfactory and are disclosed in the report and financial stateineiits. FINANCIAL REVIEW The charity rcccived total income of £141,995 12022-£131,704) during ihc year. Aft¥r payrncnts of outgoing expenses of £199,457 (2022-£153,994), Ihe charity was left with a deficit ot'L57.462 (2022 - £22.290) STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by ils goveming document, a decd of trnst, and conslitules a limited company, limited by guarantee as defined by the Cornpanies Act 2006. Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to eiisure appropriate controls are in place to provide reasonable assurancc against frdud and crror. The Trustees are responsible for keeping proper accouiiting records thai diselose with reasonable accuracy at any tiine the financial position of the charity and lo enablc them io ensure that the financial statenients comply with the Companies Act 2006. The Trusiees are also responsible for safeguarding the assets of the eharity and henee 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 regin]¢ as set out in Part 15 of the Companies Act 2006 and in accordanee with the Charities SORP IFRS 102). Signed on behalf of the board Mohamn]ed Akhalaqur Rahman Trustee I l June 2024
DARUL JANNAH TRLTST AND STRATFORD MUSLIM CENTRE LIMITLD INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 September 2023 Independent Examiner's Report ¢0 the trust¢es of DARUL JAI%NAH TRUST AND STIL4TFORD MUSLIM CENTRE LIMITED I report to the charity trustec8 on my examination of the financial statcments of DARUL JANNAH TRUST AND ST114TFORD MUSLIM CENTRE LIMITED for the year ended 30 September 2023 which comprise the Statement of Finaiicial A¢tivities, the Surnmary Income and Expendiiure Account, the B&lan¢e Sheet and the related notes. Responsibilities and bASiS of report As Ihe trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial staiements in t4ccordaIicc with the rcquiremeiits of the c.ompanies Act 2006 ('Ihe 2006 Act.) Having satisfied myself that the financial staiernents of tlie cl)arity are not required to be audiied ui)dei Part 16 of the 2006 Act and are Lligible for independent cxamination. I report in rcspcci of my Lxamination of your Charity's financial staternents as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'}. In catrying out my examination I have followed the Directions gI.ell by ihe Charity Commission under section 145{5)Ib) of the 201 l Act. Independent examiner's statement I have completed my examination. J can confinm that no Inaterial malters have come to my attenlion in connection wilh the exaniination giving me cause lo believe Iliat. accouniing records were not kepl in accordance with scction 386 of the 2006 Act ' or the financial statements do not accord with tliose records. or the financial ststements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requircnienl that the findnLial stateiiients give a 'ie 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 ¢oncerns and have come across no other matters in ¢onnection with the examination to which attention should be drawn in this report in order to enable a proper uiiderstanding ofthe financial stateineiits to be ieaLhed. Md Sohel PCCA I l June 2024
DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 September 2023 Recommended categories by Total Funds 2023 Total Funds 2022 Notes Unrestricted funds Income and endowments from: Donations and legacies 127,946.00 127.946.00 123,454.00 Investments 14.049.00 14.049.00 8,250.00 Total 141.995.00 141,995.00 131,704.00 Expenditure on: Charitable activities 199,457.00 199.457.00 153,994.00 Total 199,457.00 199,457.00 153,994.00 Net income/(expenditure) Net movement in funds ($7,462.00) (57,462.00) (22,290.00) {57,462.00) {57,462.00) (22,290.00} ReeonciliAtion of funds: Total ndS brought forward Totll funds cgrried forward 116,659.00 116,659.00 138,949.00 59,197.00 59,197.00 116,659.00
DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIIWI'ED BALANCE SHEET FOR THE YEAR ENDED 30 Septemb¢r 2023 Recommended categories by activity Notes UnTestricted funds Total Funds 2023 Total Funds 2022 Fixed assets Tangible assets 1,032,900.00 1,032,900.00 556,620.00 Total fixed Assets 1,0.12,900.00 1,032,900.00 556,620.00 Cuent assets Debtors 791.00 791.00 37,621.00 Cash at bank and in hand 86,117.00 86,117.00 415,966.00 Tolal ¢urr¢nt a$$et$ 86,908.00 86,908.00 453,587.0 Creditors.- amounts falling due within one year 10 22,096.00 22,096.00 18,931.00 Net Current asseis/(liabilities) 64,812.00 64,812.00 434.656.00 Total assets less current liabilities 1,097,712.00 ,097,712.00 991,276.00 Creditors.. amounts talling due after one year 1,038,515.00 1,038.515.00 874,617.00 Total net asset5 or liabilities 59,197.00 59,197.00 116,659.00 Funds of the Charity Unrestricted funds 12 59,197.00 59,197.00 116,659.00 Restricted income funds 12 Endowment funds 12 Total funds 59,197.00 59,197.00 116,6.59.00 The charitable company was cntiiled to cxcmption from audit under section 477 of the Cornpanics Act 2006 relating lo small compciiiie5. Th¢ members h&vo not reqiijred the oompAny to obtAin Aiidit ln AccnrdAnc@ with %ectinn d7A nf the companies Aci 2006.
DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED BALANCE SHEET FOR THE YEAR ENDED 30 September 2023 The tNslees acknowledge their responsibilities for.. l. Ensuring that the charitable conipany keeps accounting records which comply with Sectioiis 386 and 387 of the Companies Act 2006 and 2 Preparing financial statements which give a true and fair view of the slate of affairs of the charitable Lompany at the end of the financial year, and of ils profit or loss for the finai)cial year, in accordaiice witli the requirements of section 393 and 395 and which otlicnvise comply with the requirements of the Companies Act 2006 relating to financial statements, 80 far as applicable to the charitable company. These financial statements have been prcpared in accordance with the provisioiis applicable to charitable companies subject lo the small companies regime. The financial slaternents were approved by the Board on I l-Jun-2024 and signed on its behalf by.. Mohanimed Akhlaqur Rahman Director
DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED NOTES TO THE FINANCIAL STATEMEIYTS FOR THE YEAR ENDED 30 September 2023 l Accounting Policies 1.1 Basis of preparation These accounts have been prepared under the historical cost convcntion. as modified by the iThclusion of charitable properties and fixed asset investments and investment properties at valuation. These accounts have becii prepared iii accordaiice with "Accaunting and Reporting by Charities.. Statement of Recommended Practice applicablc to charities picparing theii. acLUUniq in accoidance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (effective l January 2019) - (Charities SORP {FRS 102)). the Financial Reporting Standard applicablc in the UK and Republic of Ireland (FRS 1021 and thc Charities Act 2011. These accounts are presented in pounds sterling aiid rounded to the nearest pound. Change in basis of accounting or to previous accounts Thcrc been no change to the acLounling policies {V<iluation rules and mcthod of accounting) sincc last year and no changes have been made to accounts tor prcvious years. 1.2 Going concern The Trnstees have prcpared financial projections, taking into Lonsideration the current economic condilions and have, at ihe time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for ihe foreseeable future. Thus they continue lo adopt the going Concern basis of accouDting lli preparing the accounts. 1.3 Income from donations or grants Incorne from donations and grants is recognised wheii the charity is entitled to the funds, the receipt is probable and th¢ amount can be measured reliably. For donations, this is usually on receipt. For grants, tliis is usually when a fornial o'er is made in writing. If a donation or grant contains tem)s and conditions outside of the charity's control which inust be met bcfore the charity is entitled to the funds, or if the donor specifies thai the funds must be used in future time periods, then the inLome ib deferred. 1.4 Legacies Legacies are included in the SOFA when re¢eipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient as5Cts iii the estate and any conditions attached io the legacy are either within the control of the charity oi. have been inet. 1.5 Income from charitable activities Income from charitable activities 15 recognised ovci. the period lo which the income i-clales. Concert fees are recognised at the date ot the event. Membership f¢¢s are recognised over the period of the membership. Reni is re¢ognised over the period to which it relates. Any aniounts relating to fulure periods are deferred.
DARUL J,NAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED NOTES TO THE FINANCIAL STATEME'Ts FOR THE YEAR ENDED 30 September 2023 1.6 Income from membership subscriptions Meiiibership sub5criptioiis received in the nattire of a gift drc recognised in Dnnation8 and Legacies. Menibership subscriptions which giiic a mcmbcr the righi to buy serviLC.% or oihLr beiiefits are recogFnised as incom¢ camed from the provision of goods and services as income Iroin charitable activities. 1.7 Other trading income Other trading income from non-charitablc sources is recognised over the period to which il relates. Any relating to future periods is deferred. 1.8 Expenditure Expenditure is recogniscd whcn a present legal or ¢onstnictivc obligation cxists al the balance sheet datc as a result of a past event. ir is probable that a transfer of economic benefits will be required to settle the obligation, aiid tlie aiiiount cai) be estimated reliably. It is inclusive of V AT wl)Ich cannot bc rccovercd. Direct costs are thosc costs which dircctly attribute to its activitics. Wag¥LS and salaries are allocated to dircci costs based on an estimate of time spent on eharitable dctivilies by staft. meinbers. Support costs include staff costs and are those which do not produce a direct outpul. Staff cosis relate lo spe¢ifie activities and this is reflecied in the allocation of payroll costs based on tlic percentage of time spent. All costs, including governance ¢osts, arc allocatcd bctwecn thL Lxpendirurc categories of the ¢harity on a basis designed to reflect the use of the resource. Costs relaling to a partiLular activity are charged directly; others are apportioned on an appTupriatc basis. Support costs and ovcrheads have been ¢alculat¢d by allocating staff time io the level of involvement in the various activities of the Charity. 1.9 Taxation The organisation is a registered charity and has no liability to income tax or cotyoration tax on its charitable activities during the year. 1.10 Creditors Short lerni creditors are measured at Ehe transaction price. Other creditors and provisions are recognised where the charily has a present obligation resuliiiig froni a past eveiii Ilial will probably resuli in rhe transfer of funds to a third party and the amount due lo sctilc th¢ obligation can be measured or estimated reliably. Creditors and provisions are nonnally recognised al their settlement amount after allowing foi any trade discounls due. 1.1 I Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently ineasured al the best estimat¢ of the aniount required to scttlc thc obligation at the rcportiiig datc. 10
DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED NOTES TO THE FINAIYCIAL STATEMENTS FOR THE YEAR ENDED 30 September 2023 1.12 Fund accounting Unrestricted funds are those fuiids which are available for use al the discretioii of the Trustees in furtherance of the gencral objcetivcs of the charily and which havL not been designaled for other purposcs. Restricted funds are funds which are to be used in accordance with specific I"estriclions imposed by donors or which have been raised by the charity for particular purposes. 1.13 Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after ai)y trade discounts or aniount adv1c¢d by the cliarity. Subsequently. they are n)easured at thc cash or other con5idcralion expected to bc rcccivcd. Prepayments arc valucd at ihc amount prepaid nct of <iny trade discounts due. 2 Income from DonatRons and Legacies Unrestricted funds Total funds 2023 Analysis Donated Goods, facilities and services Donation and gifts 79,655.00 48,291.00 127,946.00 79,655.00 48.291.00 127,946.00 3 Income from Investments Unrestricted lunds Total funds 2023 Total funds 2022 Analysis Rental and leasing incoTne 14,049.00 14,049.00 14,049.00 14,049.00 8,250.00 8,250.00
DARUL JLNNAH TRUST AND STRATFORD MUSLIM CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 Septemb¢r 2023 4 Expenditure on Charitable Activities Total funds 2023 Total funds 2022 Analysls Interest payable Baith charges Charity rLmning cost Electricity Entertaining Insurance Motor expcnses Rates Telephone and fax Lease preinium write ofr Rent Premises Repair & Maintenance Support Costs 19,735.00 123.00 566.00 6,474.00 649.00 1,754.00 710.00 9,180.00 112.00 1,670.00 397.00 ,149.00 1,300.00 607.00 2.704.00 417.00 11,233.00 513.00 36,830.00 4,603.00 11,949.00 34,291.00 85,615.00 153,994.00 32.053.00 88.817.00 199,457.00 5 Support Costs Total funds 2023 Total funds 2022 Analysis Wages and salaries GoverDaDce Cost5 Books Teachers fee Legal/Professional fees A¢¢ouDtants fees 43.800.00 48,390.00 2,405.00 40,438.00 1,414.00 760.00 88,817.00 1.893.00 33,750.00 S62.00 720.00 85,615.(H) 12
DARUL JANNAH TRUST AND STRATFORD MUSLIM CENTRE LIIMITLD NOTES TO THE FINAI¥CIAL STATEMENTS FOR THE YEAR ENDED 30 September 2023 6 Tangible Fixed Assets 6.1 Cost or valuatlon Freehold Land & Buildings At 01 October 2022 556,620.00 Additions 476,280.00 Disposals Revaluations Transfers At 30 September 2023 1,032,900.00 6.2 Amortisation and impairments Freehold Land & Buildings At 01 October 2022 Additions Disposals Revaluations Transf¢rs At 30 September 2023 6J Net book value Freehold Land & Buildings At O l October 2022 556,620.00 AI 30 September 2023 1.032.900.00 13
DARUL JANJNAH TRUST AND STRATFORD MUSLIM CENTRE LLWTED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 September 2023 7 Debtors: Amounts falling due withln one year Total funds 2023 Total funds 2022 Other debtors 791.00 791.00 791.00 791.00 8 Debtors: Amounts fallRng due after one year TotAI funds 2023 Total funds 2022 Oiher debtors 36,830.00 36,830.00 9 Cash at bank and in hand Total fund$ 2023 Total funds 2022 Cash at bank and on hand 13,795.00 72.320.00 131,616.00 284,293.00 57.00 Current account Dcposit account 6,117.00 415,966.00 10 Creditors: Amounts falling due within one year Total funds 2023 Total funds 2022 Bank loans and overdrafts 20,311.00 780.00 I ,ni)s 1)n 22,096.00 18,211.00 720.00 Accruals and deferred income nthr erdit()rq 18,931.00 14
DARUL JANNAH TRUST AIYD STRATFORD MUSLIM CEN'IRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 September 2023 11 Creditors: Amounts falllng due after one year TotAI fund5 2023 Total funds 2022 Bxnk loans and overdrafts Other creditors 250,150.00 788,365.00 1,038,515.00 252,825.00 621,792.00 874,617.00
DARUL JANNAH TRUST AND STRATFORD MUSLtM CENTRE LIMtTED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 September 2023 12 Charity funds 12.1 Details of material funds held and movements during the CURRENT reporting period Gains and osses Fund balances brought forward Fund names Incolne Expenditure Transfer5 Fund bal#nces carried fonvard Unrestricted funds 116,659.00 141.995.00 199,457.00 59.197.00 TotAI 116,659.00 141.995.00 199,457.00 59,197.00 12.2 Details of material funds held and movements during the PREVIOUS reporting period Gains and losses Fund balances Fund names brought forivard Income Expenditure Transfers Fund balances carried forward nrestricted funds 138,949.00 131,704.00 153,994.00 116.659.00 Total 138,949.00 131,704.00 153,994.00 116.659.00 12.3 Transfers between funds Th1$ Year Amount Between unrestncled and restricted funds Between endowment and restricied tunds Between cndowment and unrestricted funds L*st Year Amount Between unrestricted and restricted funds Between endowment and restricted funds Between endowment and unrestricted funds 16