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← Sherwood Education And Culture Centre

2023-09-30-accounts

Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

(A company limited by guarantee)

Report and Accounts (Independently examined)

30[th] September 2023

Report and accounts

Contents

Company Information ............................................................................................................................ 1 Director’s Report .................................................................................................................................... 2 Accountant’s Report .............................................................................................................................. 3 Statement of Financial Activities ............................................................................................................ 4 Statement of Financial Activities ............................................................................................................ 5 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 2023

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 are running Quranic classes and have set up provisions to support 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 £53,344

This report was approved on behalf of the board on 26[th] March 2024

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 2023

You consider that the company is exempt from an audit for the year ended 30[th] September 2023. 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: 26[th] March 2024

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Statement of Financial Activities

For year ended 30[th] September 2023

For year ended 3 0thSeptember 2023
2023 2022
£ £
Turnover 145479 116333
Other Income - -
Staff costs (23895) (20700)
Depreciation and other amounts written off (4729) (2273)
assets
Other Charges (63511) (41582)
Taxation (-) (-)
Profit 53344 51778

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Statement of Financial Activities

For year ended 30[th] September 2023

Unrestricted Restricted Total Funds Total Funds Year
Funds Funds Ended 30/09/2022
Page £ £ £ £
Incoming Resources 5 145479 - 145479 116333
Resources Expended -
General 6 92135 - 92135 64555
Net Incoming/(Outgoing) 53344 - 53344 51778
Resources
Accumulated Funds as at 30th 686564 - 686564 634786
September 2022
Net Incoming/(Outgoing) 53344 - 53344 51778
Resources
As at 30thSeptember 2023 739908 - 739908 686564

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Incoming Resources

For year ended 30[th] September 2023

Unrestricted Restricted Total funds year
funds funds Total funds ended 30/09/2022
£ £ £ £
Grants received - - - -
Incoming resources from
Generated Funds - - - -
Voluntary income
Donations received 124126 - 124126 104570
Quran and Urdu classes
Donations received 14067 - 14067 11388
Religious and social events - - -
Hire of hall 1625 - 1625 375
Social Dinner - - - -
HMRC Gift Aid Scheme 5661 - 5661 -
145479 - 145479 116333

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Resources Expanded

For year ended 30[th] September 2023

Unrestricted Restricted
Total funds year
funds funds
Total funds
ended 30/09/2022
£ £
£
£
Council tax - - - -
Non-domestic Rates - - - -
Water Rates 245 - 245 91
Gas and Electricity 11,728 - 11,728 6,700
Repairs and Maintenance 13,462 - 13,462 2,330
Insurances 1,697 - 1,697 1,596
Telephone and Internet 549 - 549 575
Professional Fees 1,820 - 1,820 1,000
Printing and Stationary 459 - 459 469
Bank charges - - - 159
Wages (Imam Sahib) 23,895 - 23,895 20,700
Payments Re community account 1,624 - 1,624 8,462
Accountancy Fee - - - -
Payments Re Funeral services account 1,302 - 1,302 -
Motor Van Expenses 2,444 - 2,444 -
Religious and social events 1,353 - 1,353 200
Coporation Tax - - - -
Depreciation 4,729 - 4,729 2,273
Payment Re Quran and Urdu classes 19,805 - 19,805 16,024
Cleaningand sundries 7,023 - 7,023 3,976
92,135 - 92,135 64,555

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

Balance sheet

As at 30[th] September 2023

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)
5
Total assets less current liabilities
Creditors: amounts falling due more than one year
Total net assests (liabilities)
Funds
Unrestricted funds
Restricted funds
6		 2023
2022
£
£
607,257
593,338
608
571
184,371
126,205
184,979
126,776
408
-
564
-
184,571
126,212
791,828
719,550
51,920
32,986
739,908
686,564
687,988
653,578
51,920
32,986
Member's funds 739,908
686,564

Approved by the Board on 26[th] March 2024

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 2023

1. Fixed assets

Tangible assets

Freehold land Fixtures, fittings
Total and building and equipment Motor Van
£ £ £ £
Cost
As at 30/09/2022 605939 567742 38197 -
Additions 18648 0 1294 17354
As at 30/09/2023 624587 567742 39491 17354
Depreciation
As at 30/09/2022 12601 - 12601 -
Charged in theyear 4729 - 2126 2603
As at 30/09/2023 17330 - 14727 2603
WDV
As at 30/09/2023 607257 567742 24764 14751
As at 30/09/2022 593338 567742 25596 -

2. Debtors and Prepayments

At 30/09/2023 At 30/09/2022
£ £
Grants received 0 0
Prepayments 608 571
608 571

3. Creditors: Amounts falling due within one year

At 30/09/2023 At 30/09/2022
£ £
Repairs and maintenance - -
Private interest free loans - -
QARZ-E-HASNA
Telephone 61 56
Sundry expenses - 186
Non-domestic rates - -
Water rates 41 36
Gas and Electricity 306 286
Accountancyfee - -
Total 408 564

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Registered Number 08691026

SHERWOOD EDUCATION & CULTURE CENTRE

  1. Creditors Amounts falling due after more than one year
At 30/09/2023 At 30/09/2022
£ £
Funeral Services Account 51920 32986
Deposit Accounts Members
  1. Analysis of Net Assets between funds
Unrestricted Restricted Total Funds at Total Funds at
Funds Funds 30/09/2023 30/09/2022
£ £ £ £
Fixed assets 607257 - 607257 593338
Net current assists (liabilities)
184571		 - 184571 126212
Creditor: Amounts falling due - (51920) (51920) (32986)
after more than one year
791828 (51920) 739908 686564

6. Restricted funds

6. Restricted funds
Balance at Movement in resources Balance at Balance at
30/09/2022 Incoming Outgoing 30/09/2023 30/09/2022
£ £ £ £ £
32986 18934 - 51920 32986
32986 18934 - 51920 32986

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