Registered Number 08691026
SHERWOOD EDUCATION & CULTURE CENTRE
(A company limited by guarantee)
Report and Accounts (Independently examined)
30[th] September 2022
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 2022
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.
With the expanding influence the charity has been working hard to meet community needs. We have recently started Quranic classes and have set up provisions for local elderly people. We have started a funeral service to meet the needs of the local Muslim community.
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 £51,778
This report was approved on behalf of the board on 02[nd ] May 2023
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 2022
You consider that the company is exempt from an audit for the year ended 30[th] September 2022. 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: 2[nd] May 2023
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Registered Number 08691026
SHERWOOD EDUCATION & CULTURE CENTRE
Statement of Financial Activities
For year ended 30[th] September 2022
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Turnover | 116333 | 119533 | |
| Other Income | - | - | |
| Staff costs | (20700) | (18700) | |
| Depreciation | and other amounts written off | (2273) | (2315) |
| assets | |||
| Other Charges | (41582) | (35431) | |
| Taxation | (-) | (-) | |
| Profit | 51778 | 63087 |
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Registered Number 08691026
SHERWOOD EDUCATION & CULTURE CENTRE
Statement of Financial Activities
For year ended 30[th] September 2022
| Unrestricted Funds |
Restricted Funds |
Total Funds | Total Funds Year Ended 30/09/2021 |
||
|---|---|---|---|---|---|
| Page | £ | £ | £ | £ | |
| Incoming Resources | 5 | 116333 | - | 116333 | 119533 |
| Resources Expended | - | ||||
| General Net Incoming/(Outgoing) |
6 | 64555 51778 |
- - |
64555 51778 |
56446 63087 |
| Resources Accumulated Funds as at 30th |
634786 | - | 634786 | 571699 | |
| September 2020 | |||||
| Net Incoming/(Outgoing) | 51778 | - | 51778 | 63087 | |
| Resources As at 30thSeptember 2021 |
686564 | - | 686564 | 634786 |
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Registered Number 08691026
SHERWOOD EDUCATION & CULTURE CENTRE
Incoming Resources
For year ended 30[th] September 2022
----- Start of picture text -----
Unrestricted Restricted Total funds year
funds funds Total funds ended 30/09/2021
£ £ £ £
Grants received - - - -
Incoming resources from
Generated Funds - - - -
Voluntary income
Donations received 104570 - 104570 92881
Quran and Urdu classes
Donations received 11388 - 11388 9281
- - -
Religious and social events
Hire of hall 375 - 375 875
Social Dinner - - - -
HMRC Gift Aid Scheme - - - 16496
116333 - 116333 119533
----- End of picture text -----
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Registered Number 08691026
SHERWOOD EDUCATION & CULTURE CENTRE
Resources Expanded
For year ended 30[th] September 2022
----- Start of picture text -----
Unrestricted Restricted Total funds year
funds funds Total funds ended 30/09/2021
£ £ £ £
Council tax - - - -
Non-domestic Rates - - - -
Water Rates 91 - 91 691
Gas and Electricity 6,700 - 6,700 10,004
Repairs and Maintenance 2,330 - 2,330 7,714
Insurances 1,596 - 1,596 1,626
Telephone and Internet 575 - 575 607
Professional Fees 1,000 - 1,000 -
Printing and Stationary 469 - 469 15
Bank charges 159 - 159 -
Wages (Imam Sahib) 20,700 - 20,700 18,700
Payments Re community account 8,462 - 8,462 -
Accountancy Fee - - - -
Payments Re Funeral services account - - - -
Fundraising - - - -
Religious and social events 200 - 200 1,075
Coporation Tax - - - -
Depreciation 2,273 - 2,273 2,315
Payment Re Quran and Urdu classes 16,024 - 16,024 11,655
Cleaning and sundries 3,976 - 3,976 2,044
64,555 - 64,555 56,446
----- End of picture text -----
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Registered Number 08691026
SHERWOOD EDUCATION & CULTURE CENTRE
Balance sheet
As at 30[th] September 2022
-
For the year ending 30[th] September 2022 the company was entitled to exemption from audit 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 Act with respect to accounting records and the preparation of accounts
-
These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies regime
Approved by the Board on 2[nd] May 2023
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 2022
- Fixed assets Tangible assets
2. Debtors and Prepayments
- Creditors: Amounts falling due within one year
| At 30/09/2022 | At 30/09/2021 | |
|---|---|---|
| £ | £ | |
| Funeral Service Account | 32986 | - |
| Deposit From members | ||
| Repairs and maintenance | - | 2924 |
| Private interest free loans | - | - |
| QARZ-E-HASNA | ||
| Telephone | 56 | 51 |
| Sundry expenses | 186 | - |
| Non-domestic rates | - | - |
| Water rates | 36 | 36 |
| Gas and Electricity | 286 | 276 |
| Accountancyfee | - | - |
| Total | 33550 | 3287 |
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Registered Number 08691026
SHERWOOD EDUCATION & CULTURE CENTRE
- Creditors Amounts falling due after more than one year
At 30/09/2022 At 30/09/2021 - -
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Registered Number 08691026
SHERWOOD EDUCATION & CULTURE CENTRE
- Analysis of Net Assets between funds
| Unrestricted | Restricted | Total Funds at | Total Funds at | |
|---|---|---|---|---|
| Funds | Funds | 30/09/2022 | 30/09/2021 | |
| £ | £ | £ | £ | |
| Fixed assets | 593338 | - | 593338 | 590900 |
| Net current assists (liabilities) | 60240 |
32986 | 93226 | 43886 |
| Creditor: Amounts falling due | - | - | - | |
| after more than one year | ||||
| 653578 | 32986 | 686564 | 634786 |
- Restricted funds
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