Registered Number 08691026
## SHERWOOD EDUCATION & CULTURE CENTRE
(A company limited by guarantee)
Report and Accounts (Independently examined)
30[th] September 2024
## 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 2024
## **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 £160,697
This report was approved on behalf of the board on 11[th] June 2025
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 2024**
You consider that the company is exempt from an audit for the year ended 30[th] September 2024. 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: 11[th] June 2025
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Registered Number 08691026
## SHERWOOD EDUCATION & CULTURE CENTRE
## Statement of Financial Activities
For year ended 30[th] September 2024
|For year ended 3|0thSeptember 2024|||
|---|---|---|---|
|||2024|2023|
|||£|£|
|Turnover||235552|145479|
|Other Income||-|-|
|Staff costs||(22265)|(23895)|
|Depreciation|and other amounts written off|(4152)|(4729)|
||assets|||
|Other Charges||(48438)|(63511)|
|Taxation||(-)|(-)|
|Profit||160697|53344|
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Registered Number 08691026
## SHERWOOD EDUCATION & CULTURE CENTRE
## Statement of Financial Activities
For year ended 30[th] September 2024
|||Unrestricted|Restricted|Total Funds|Total Funds Year|
|---|---|---|---|---|---|
|||Funds|Funds||Ended 30/09/2023|
||Page|£|£|£|£|
|Incoming Resources|5|235552|-|235552|145479|
|Resources Expended|||-|||
|General|6|74855|-|74855|92135|
|Net Incoming/(Outgoing)||160697|-|160697|53344|
|Resources||||||
|Accumulated Funds as at 30th||739908|-|739908|686564|
|September 2023||||||
|Net Incoming/(Outgoing)||160697|-|160697|53344|
|Resources||||||
|As at 30thSeptember 2024||900605|-|900605|739908|
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Registered Number 08691026
## SHERWOOD EDUCATION & CULTURE CENTRE
## Incoming Resources
For year ended 30[th] September 2024
||Unrestricted|Restricted||Total funds year|
|---|---|---|---|---|
||funds|funds|Total funds|ended 30/09/2023|
||£|£|£|£|
|Grants received|-|-|-|-|
|Incoming resources from|||||
|Generated Funds|-|-|-|-|
|Voluntary income|||||
|Donations received|213829|-|213829|124126|
|Quran and Urdu classes|||||
|Donations received|15174|-|15174|14067|
|Religious and social events|-||-|-|
|Hire of hall|850|-|850|1625|
|Social Dinner|-|-|-|-|
|HMRC Gift Aid Scheme|5699|-|5699|5661|
||235552|-|235552|145479|
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Registered Number 08691026
## SHERWOOD EDUCATION & CULTURE CENTRE
## Resources Expanded
For year ended 30[th] September 2024
||Unrestricted|Restricted
Total funds year|
|---|---|---|
||funds|funds
Total funds
ended 30/09/2023|
||£|£
£
£|
|Council tax|-|- - -|
|Non-domestic Rates|-|- - -|
|Water Rates|414|- 414 245|
|Gas and Electricity|13,374|- 13,374 11,728|
|Repairs and Maintenance|875|- 875 13,462|
|Insurances|1,774|- 1,774 1,697|
|Telephone and Internet|660|- 660 549|
|Professional Fees|-|- - 1,820|
|Printing and Stationary and IT Expenses|728|- 728 459|
|Bank charges|-|- - -|
|Wages (Imam Sahib)|22,265|- 22,265 23,895|
|Payments Re community account|1,664|- 1,664 1,624|
|Accountancy Fee|-|- - -|
|Payments Re Funeral services account|-|- - 1,302|
|Motor Van Expenses|-|- - 2,444|
|Religious and social events|3,000|- 3,000 1,353|
|Coporation Tax|-|- - -|
|Depreciation|4,152|- 4,152 4,729|
|Payment Re Quran and Urdu classes|18,927|- 18,927 19,805|
|Cleaningand sundries|7,022|- 7,022 7,023|
||74,855|- 74,855 92,135|
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Registered Number 08691026
## SHERWOOD EDUCATION & CULTURE CENTRE
## Balance sheet
As at 30[th] September 2024
||Notes||2024||2023|
|---|---|---|---|---|---|
||||£||£|
|Fixed Assets|1|||||
|Tangible assets|||614,786||607,257|
|Current assets||||||
|Debtors|2||630||608|
|Cash at bank and in hand|||386,491||184,371|
||||387,121||184,979|
|Creditors: amounts falling due within one year|3|-|438
-|-|408
-|
|Net current assets (liabilities)|5||386,683||184,571|
|Total assets less current liabilities|||1,001,469||791,828|
|Creditors: amounts falling due more than one year|||100,864||51,920|
|Total net assests (liabilities)|||900,605||739,908|
|**Funds**||||||
|Unrestricted funds|||799,741||687,988|
|Restricted funds|6||100,864||51,920|
|Member's funds|||900,605||739,908|
- For the year ending 30[th] September 2024 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 11[th] June 2025
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 2024
## 1. Fixed assets
Tangible assets
|||Freehold land|Fixtures, fittings||
|---|---|---|---|---|
||Total|and building|and equipment|Motor Van|
||£|£|£|£|
|Cost|||||
|As at 30/09/2023|624587|567742|39491|17354|
|Additions|11681|10801|880|0|
|As at 30/09/2024|636268|578543|40371|17354|
|Depreciation|||||
|As at 30/09/203|17330|-|14727|2603|
|Charged in theyear|4152|-|1940|2212|
|As at 30/09/2024|21482|-|16667|4815|
|WDV|||||
|As at 30/09/2024|614786|578543|23704|12539|
|As at 30/09/2023|607257|567742|24764|14751|
## 2. Debtors and Prepayments
||At 30/09/2024|At 30/09/2023|
|---|---|---|
||£|£|
|Grants received|0|0|
|Prepayments|630|608|
||630|608|
## 3. Creditors: Amounts falling due within one year
||At 30/09/2024|At 30/09/2023|
|---|---|---|
||£|£|
|Repairs and maintenance|-|-|
|Private interest free loans|-|-|
|QARZ-E-HASNA|||
|Telephone|66|61|
|Sundry expenses|-|-|
|Non-domestic rates|-|-|
|Water rates|46|41|
|Gas and Electricity|326|306|
|Accountancyfee|-|-|
|Total|438|408|
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Registered Number 08691026
## SHERWOOD EDUCATION & CULTURE CENTRE
## 4. Creditors Amounts falling due after more than one year
|Funeral Services Account
Deposit Accounts Members
Qarz-e-Hassana Loans|At 30/09/2024
At 30/09/2023
£
£
70864
51920
30000
-|
|---|---|
||100864
51920|
## 5. Analysis of Net Assets between funds
||Unrestricted|Restricted|Total Funds at|Total Funds at|
|---|---|---|---|---|
||Funds|Funds|30/09/2024|30/09/2023|
||£|£|£|£|
|Fixed assets|614786|-|614786|607257|
|Net current assets (liabilities)|
387559|-|387559|184571|
|Creditor: Amounts falling due|-|(100864)|(100864)|(32986)|
|after more than one year|||||
||10002345|(100864)|901481|739908|
## 6. Restricted funds
|Balance at|Movement in resources|Movement in resources|Balance at|Balance at|
|---|---|---|---|---|
|30/09/2023|Incoming|Outgoing|30/09/2024|30/09/2023|
|£|£|£|£|£|
|51920|48944|-|100864|51920|
|51920|48944|-|100864|51920|
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