| CONTENTS | Pages | |
|---|---|---|
| Information of financial |
Statements | |
| Report ofthe Executive | Committee | 4-5. |
| Statement ofresponsibilities ofthe Committee: |
||
| Independent Examiner's |
Report | |
| Income and Expenditure | Accounts | |
| Statement ofAssets and Liabilities | 10 | |
| Notes to the Accounts | 11-12. |
| F | OR THE YEAR ENDED | 31 MARCH 2023 | |||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Notes | Unrestricted | Restricted | Total | Total | |||
| Incoming Resources | |||||||
| Voluntary income: |
|||||||
| HMRC - JRS Grant | 1,888 | ||||||
| Grant | 2,000 | 2,000 | |||||
| Friday Collection | 49,817 | 49,817 | 57,042 | ||||
| Moktab Collection | 47,731 | 47,731 | 61,173 | ||||
| BoxCollection | 1,052 | 1,052 | 2,302 | ||||
| Cloths Bank | 2,000 | 2,000 | |||||
| Hafiz Class | 7,875 | 7,875 | 9,100 | ||||
| Memebership Fees |
2,100 | 2,100 | 500 | ||||
| Eid Collection | 3,510 | 3,510 | 5,210 | ||||
| Ramadan Collection |
10,590 | 10,590 | 20,600 | ||||
| Income from Arabic Class | |||||||
| Other Donations and |
Contributions | 74,544 | 74,544 | 21,670 | |||
| Profit from Al Rayan Bank (interest) | |||||||
| Other Income: | |||||||
| Donations Via Gift Aid |
8 Just | Giving | |||||
| Total Incomin Resources |
201,219 | 201,219 | 179,485 | ||||
| Resources Expended | |||||||
| Direct Charitable Expenditure |
|||||||
| Printing, postage, stationery |
K Advetisement | 1,730 | 1,730 | 1,489 | |||
| Telephone, fax and photocopies |
474 | 474 | 121 | ||||
| Rent, Rates and service charges | 385 | 385 | 355 | ||||
| Light, Heat and Water | 3,814 | 3,814 | 3,063 | ||||
| Books and Materials | |||||||
| Travelling | 547 | ||||||
| Computer/Software | 162 | 162 | 150 | ||||
| Cleaning | 2,034 | 2,034 | 1,411 | ||||
| Caretaker | 6,131 | 6,131 | 4,700 | ||||
| Wages and Volunteer | expenses | 56,560 | 56,560 | 50,847 | |||
| Events and activities | Pro'ect Costs | 9,356 | 9,356 | 589 | |||
| Direct charitable ex enditure |
80,646 | 80,646 | 63,273 | ||||
| Management &Administration |
Expenses: | ||||||
| Accountancy | 700 | 700 | 700 | ||||
| Legal 8, Professional | 390 | 390 | 2,952 | ||||
| Advertising and promotion |
|||||||
| Bank charges | 2,138 | 2,138 | 1,874 | ||||
| insurance | 2,226 | 2,226 | 950 | ||||
| CRB fee | |||||||
| Depreciation | 8,201 | 8,201 | 9,067 | ||||
| Sundry | 410 | ||||||
| Re airs | 2,762 | 2,762 | 2,157 | ||||
| Mana ement 8 Administration |
Ex enses: | 16,417 | 16,417 | 18,110 | |||
| Total Resources Ex ended | 97,063 | 97,063 | 81,383 | ||||
| Net Incoming Resources I | 104,156 | 104,156 | 98,102 | ||||
| (resources expended) | |||||||
| Net Movement funds for the |
104,156 | 104,156 | 98,102 | ||||
| period: | |||||||
| Total Funds Brought forward | 641,673 | 641,673 | 543,571 | ||||
| Balance at 31 March 2023 | 745,829 | 745,829 | 641,673 |
| F | OR THE YEAR | ENDED 31 INARCH | 2023 | |
|---|---|---|---|---|
| 2023 | ||||
| Notes | ||||
| Income | 201,219 | |||
| Total expenditure | 97,063 | |||
| Net Surplus | (Deficit) for the financial | year | 104,156 |
| Statement ofAsse As |
ts &Liabilities ( B at 31 March 2023 |
alance Sheet) | ||
|---|---|---|---|---|
| 2023 | ||||
| NOTE | f | |||
| Fixed Assets | ||||
| Building | 597,553 | |||
| Fixture, Fittings and Equipments | 46,474 | |||
| 644,027 | ||||
| Current Assets | ||||
| Cash at Bank & | in Hand | 147,982 | ||
| 147,982 | ||||
| Current Liabilities |
||||
| Amount falling due to one year |
||||
| Accruals | 7,180 | |||
| NET CURRENT | ASSETS / (LIABILITIES) | 140,802 | ||
| Creditors | ||||
| Amount falling due after more than one year |
39,000 | |||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 745,829 | |||
| FUNDS: Brought Forward | 641,673 | |||
| Excess/(Deficit) | of income over expenditure | 104,156 | ||
| Total Funds | 745,829 |
| 2. | FIXEDASSETS | ||||||
|---|---|---|---|---|---|---|---|
| COST | Fixtures, | fittings | & | Building and |
|||
| Improvements | Construction | ||||||
| At 01 April 2022 |
|||||||
| Fixtures and fittings | 51,379 | 534,553 | 585,932 | ||||
| Addition | 3,296 | 63,000 | 66,296 | ||||
| At 31 March 2023 |
54,675 | 597,553 | 652,228 | ||||
| DEPRECIATION | |||||||
| At 01 April 2022 |
|||||||
| Charge for the year | 8,201 | 8,201 | |||||
| At 31 March 2023 |
8,201 | 8,201 | |||||
| NET BOOK VALUE | |||||||
| At 01 April 2022 |
51,379 | 534,553 | 585,932 | ||||
| At 31 March 2023 |
46,474 | 597,553 | 644,027 | ||||
| 3. | Net Surplus ofthe Financial Year | ||||||
| The excess ofexpenditure | over income is stated after charging: | ||||||
| 2023 | |||||||
| Accountants' remuneration |
700 | ||||||
| Depreciation | 8,201 | ||||||
| 4. | Creditors and Acruals | ||||||
| Accountancy | 1,500 | ||||||
| PAYE | 5,680 | ||||||
| 7,180 | |||||||
| 5 | Creditors | ||||||
| Amount falling due after more than one year |
|||||||
| Interest Free Loan (Karde Hasana) | 2023 | ||||||
| Opening Balance as at 01/04/22 |
52,500 | ||||||
| Received | 36,500 | ||||||
| Repaid | 50,000 | ||||||
| Balance as at 31/03/23 | 39,000 | ||||||
| Funds/Capital | 2023 | ||||||
| f | |||||||
| Balance at 31 March 2022 | 641,673 | ||||||
| Balance at 1 April | 2022 | 641,673 | |||||
| Excess/ (Deficit) of | Income over Expenditure | 104,156 | |||||
| Balance at 31 March 2023 | 745,829 |