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2021-09-30-accounts

Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

(A company limited by guarantee)

Report and Accounts (Independently examined)

30[th] September 2021

Report and accounts

Contents

Company Information ............................................................................................................................ 1 Director’s Report ................................................................................................................................... 2 Accountant’s Report .............................................................................................................................. 3 Statement of Financial Activities ........................................................................................................... 4 Incoming Resources ............................................................................................................................... 6 Resources Expanded .............................................................................................................................. 7 Balance sheet ........................................................................................................................................ 8 Detailed notes to the accounts .............................................................................................................. 9

Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Company Information

Directors

Muhammed Saeed Mughal Mohammed Akram Mohammed Asif Mohammed Aftab Khalid Mahmood

Secretary

Mohammed Asif

Accountant

Irshad Ahmad 80 Killisick Road Arnold Nottingham NG5 8RD

Registered Office

20 Knighton Road Woodthorpe Nottingham NG5 4FL

Registered Number 08691026

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Director’s Report

The Directors present their report and accounts for the year ended 30[th] September 2021

Principal Activities

The company is limited by guarantee and does not have a share capital. The objective of the company is to provide all aspects of support and services which meet the social, cultural and educational needs of the wider community, to ensure that members of Nottingham City community have increased opportunities to make positive choices, which improve the quality of their lives.

Directors

The following served as Directors during the year

Muhammed Saeed Mughal Mohammed Akram Mohammed Asif Mohammed Aftab Khalid Mahmood

Results

The company had excess of income over expenses of £63,087

This report was approved on behalf of the board on 29[th] May 2022

M.S.Mughal Director

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Accountant’s Report

Accountant’s report on the unaudited financial statements to the board of directors of Sherwood Education & Culture Centre

Accounts year ended 30[th] September 2021

You consider that the company is exempt from an audit for the year ended 30[th] September 2021. You have acknowledged, on the balance sheet your responsibilities for ensuring that the company keeps accounting records which comply with Section 286 of the Companies Act 2006 and for preparing accounts which give a true and fair view of the state of affairs of the company and its profit or loss for the financial year.

In accordance with your instructions I have prepared and independently examined the accounts which comprise of: the profit and loss account, the balance sheet and related notes from the accounting records of the company and on the basis of information and explanations you have given to me.

I have not carried an audit or any review and consequently I do not express any opinion on these accounts.

Irshad Ahmad FMAAT Financial Accountant 80 Killisick Road Arnold Nottingham NG5 8RD

Signature

Date: 29[th] May 2022

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Statement of Financial Activities

For year ended 30[th] September 2021

For year ended 3 0thSeptember 2021
2021 2020
£ £
Turnover 119533 113206
Other Income - -
Staff costs (18700) (14450)
Depreciation and other amounts written off (2315) (2672)
assets
Other Charges (35431) (33596)
Taxation (-) (-)
Profit 63087 62488

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Statement of Financial Activities

For year ended 30[th] September 2021

Unrestricted Restricted Total Funds Total Funds Year
Funds Funds Ended 30/09/2020
Page £ £ £ £
Incoming Resources 5 119533 - 119533 113206
Resources Expended -
General 6 56446 - 56446 50718
Net Incoming/(Outgoing) 63087 - 63087 62488
Resources
Accumulated Funds as at 30th 571699 - 571699 509211
September 2020
Net Incoming/(Outgoing) 63087 - 63087 62488
Resources
As at 30thSeptember 2021 634786 - 634786 571699

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Incoming Resources

For year ended 30[th] September 2021

Unrestricted Restricted Total funds year
funds funds Total funds ended 30/09/2020
£ £ £ £
Grants received - - - -
Incoming resources from
Generated Funds - - - -
Voluntary income
Donations received 92881 - 92881 67078
Quran and Urdu classes
Donations received 9281 - 9281 16383
Religious and social events - - -
Hire of hall 875 - 875 200
Social Dinner - - - -
HMRC Gift Aid Scheme 16496 - 16496 29545
119533 - 119533 113206

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Resources Expanded

For year ended 30[th] September 2021

Unrestricted Restricted
Total funds year
funds funds
Total funds
ended 30/09/2020
£ £
£
£
Council tax - - - -
Non-domestic Rates - - - -
Water Rates 691 - 691 900
Gas and Electricity 10,004 - 10,004 8,782
Repairs and Maintenance 7,714 - 7,714 1,569
Insurances 1,626 - 1,626 1,929
Telephone and Internet 607 - 607 789
Security expenses - - - -
Printing and Stationary 15 - 15 15
Bank charges - - - -
Wages (Imam Sahib) 18,700 - 18,700 14,450
Wages (Site manager) - - - -
Accountancy Fee - - - -
Purchase of religious material - - - -
Fundraising - - - -
Religious and social events 1,075 - 1,075 1,000
Coporation Tax - - - -
Depreciation 2,315 - 2,315 2,672
Payment Re Quran and Urdu
classes		 11,655 - 11,655 16,196
Cleaningand sundries 2,044 - 2,044 2,416
56,446 - 56,446 50,718

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Balance sheet

As at 30[th] September 2021

Balance sheet
As at 30thSeptember 2021
Notes
Fixed Assets
1
Tangible assets
Current assets
Debtors
2
Cash at bank and in hand
Creditors: amounts falling due within one year
3
Net current assets (liabilities)
Total assets less current liabilities
Total net assests (liabilities)
Funds
Unrestricted funds
Restricted funds		 2021
2020
£
£
590,900
551,219
539
628
46,634
60,196
47,173
60,824
3,287
-
40,344
-
43,886
20,480
634,786
571,699
634,786
571,699
634,786
571,699
-
-
Member's funds 634,786
571,699

Approved by the Board on 29[th] May 2022

Signed on their behalf by Mr M.S.Mughal (Director)

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Detailed notes to the accounts

For the year ended 30[th] September 2021

1. Fixed assets

Tangible assets

Freehold land Fixtures, fittings
Total and building and equipment
£ £ £
Cost
As at 30/09/2020 559232 536069 23163
Additions 41996 29000 12996
As at 30/09/2021 601228 565069 36159
Depreciation
As at 30/09/2020 8013 - 8013
Charged in theyear 2315 - 2315
As at 30/09/2021 10328 - 10328
WDV
As at 30/09/2021 590900 565069 25831
As at 30/09/2020 551219 536069 15150

2. Debtors and Prepayments

At 30/09/2021 At 30/09/2020
£ £
Grants received 0 0
Prepayments 539 628
539 628

3. Creditors: Amounts falling due within one year

At 30/09/2021 At 30/09/2020
£ £
Repairs and maintenace 2924 -
Private interest free loans
QARZ-E-HASNA - 40000
Telephone 51 46
Sundry expenses - -
Non-domestic rates - -
Water rates 36 33
Gas and Electricity 276 265
Accountancyfee - -
Total 3287 40344

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

  1. Creditors Amounts falling due after more than one year

At 30/09/2021 At 30/09/2020 - -

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

  1. Analysis of Net Assets between funds
Unrestriced Funds Total Funds at Total Funds at
30/09/2021 30/09/2020
£ £ £
Fixed assets 590900 590900 551219
Net current assests (liabilities) 43886 43886 20480
Creditor: Amounts falling due after - - -
more than oneyear
634786 634786 571699
  1. Restricted funds
6. Restricted funds
Balance at Movement in resources Balance at Balance at
30/09/2020 Incoming Outgoing 30/09/2021 30/09/2020
£ £ £ £ £
- - - - -
- - - - -

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