LANSBURY ESTATE MUSLIM ASSOCIATION (LEMA) Charity Registration Number" 1154615 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 REPORTING ACCOUNTANTS: AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E14SA TEL. 020 7790 6111 Page 1 of 12
LANSBURY ESTATE MUSLIM ASSOCIATION (LEMA) FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS Pages Information of financial Statements Report of the Executive Committee Statement of responsibilities of the Committee-. Independent Examinerfs Report Income and Expenditure Accounts Statement of Assets and Liabilities 10 Notes to the Accounts 11-12. Page 2 of 12
LANSBURY ESTATE MUSLIM ASSOCIATION {LEMA) FOR THE YEAR ENDED 31 MARCH 2025 MANAGEMENT COMMITTEE CHAIR PERSON Mr Mohammed Abdul Gous GENERAL SECRETARY Mr Juber Ahmed TREASURER Mr Nakrul Chouwdhury ADDRESS LEMA 20 Alton Street Poplar London E14 6BZ BANKER Al Rayan Bank INDEPENDENT EXAMINER AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E14SA TEL.. 020 7790 6111 Chari 's Trustees- Mr Mohammed Abdul Gous Mr Juber Ahmed Mr Nakrul Chouwdhury Mr Zakir Hussain Mr Syed Rafiqul Hoque Mr Muhammad Delwar Hussain Mr Mohammed Faiz Uddin Mr Mohammed Shalah Uddin Mr Mokbul Khan Mr Mohammed Foyez Ullah Page3of12
LANSBURY ESTATE MUSLIM ASSOCIATION {LEMA) REPORT OF THE EXECUTIVE COMMIFfEE FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report and financial statements for the year ended 31 March 2025. Tlie TrLlStees have adopted the provisions of the Stateinent of Recoinmended Practice (SORP) Accounting and Reportiiig by Charities iSSLied in 2005 iii prepariiig tlie aniiLial report and financial slateineiit5 of tlie Charity. Leoal Status: Charity: Registered with tlie Charity Commission, Charity Number: 1154615 Objects, Principal Activities and Organisation of the Charity The Charitsl's ol)jeLts are t.or tl)e benetit of the iiihaliitaiits of London BoroiiTrli ot" Toiiier Hc1nilets. and in particular Ineinbers of the Musliin Minority Etlinic Communities bLIt exclusively who are in hardship by.. l ) To advance the islainic faith for the public benefit in SLicli ways as tlie trustees shall deein fit. 2) l-he advancemeiit of eduLation and training. includiiig religious edLication. J) Tlie relief of poverty and financial hardsliip. 4) The proinotioii and protection of good liealth. 5)'fhe promotion of racial harmony for the public benefit by-. al Promoting knowledge and mutual understanding beeen deifferent racial groups. bl Advancing education and raising awareness about different racial groups to promote good relab.ons beeen persons of different racial groups. 6 To act as a resoiirce for young people lip lo tlie age of 25 living in Lansbury. Tower Hainlets aiid surrounding area by providing advice and assistance and organising programmes pf physical, educats.onal and other activities as a means of- al Advancing in life and helping young people by developing their skills. capacities and capabilities to enable them lo participate in society as independent. mature and responsible individuals. bl Advancing education. cl Relieving unemploemenl. dl Providing recreational and leisure lime activity in the interest of social wlfare for people living in the area of benefit who have need by reason of their youth, age. infirmity or disability, poverty or social and economic circumstan$ with a view to improving the conditions of life of such persons. Page 4 of 12
LANSBURY ESTATE MUSLIM ASSOCIATION {LEMA) REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 Organisation: A Managernenl Committee. the members ofwhich are the trustees manages the affairs of the charity The Management Committee manages the business of the charity including the paying of all expenses Trustees: Trustees, who are all members of the executive coininittee, and who served duriiio the year are set OLIt on page i. The IrLlStees ai-¢ elected at the Annual General Meetiiig, for membersliip of tlie Executive Committee and serve until tlie end of the next Aiinual General Meeting, wliere they cali staiid for re- election as meinbers of the new Executive Conimittee. Trustees responsibilities in relation to the financial statements The committee or TrL]slees are reqiiired by charity's law lo prepare financial statements for eacli financial year whicli give a true and fair view of th¢ fiiiancial activities of the charity and of its financial posilioii at tlie end of that year. Iii prepariiig tliose financial statements the Trustees are required to- The Trustees are responsible for preparing the Trustees Annual Report and the Financial Statement5 in accordan with applirable law and regulations and Uriited Kingdom Accounting Standards (United Kingdom Generally ACpted Accounting Practi). The law applicable to charities in England and Wales requires the Trustees to prepare Financial Statements for each financial year which give a true and fair view ol the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these Financial Statements. the Trustees are required to.. Select suitable accounting policies and then apply them consistentIy'. Obsetve the methods and principles in the Charities SORP., Make judgements and accounling estimates that are reasonable and prudent., Prepare the Financial Statements on the going concern basis unless il is inappropriate to presume that the charity will continue in operation The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the Financial Statements comply with the Charities Act 2011. The Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities VOLUNTEERS: The Trustees wish to record their appreciation on behalf of the Charity and community for the volunteers who a551St in the smooth running of the Charity and are critical in helping lo keeps the running costs down RISK REVIEW: The Trustees have conducted their own review of the major risks to which the Charity 15 exposed and steps have been initiated lo minimise the identified risks. All functions of the Charity are subjected lo periodic review resulting in a process of ongoing improvement. All staff and volunteers are trained and have all the required statutory and regulatory clearances required. Page5of 12
LANSBURY ESTATE MUSLIM ASSOCIATION (LEMA) REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 SERIOUS INCIDENTS AND EXCEPTIONS: The Trustees are pleased to note, that there were no incidents which gave rise lo the need lor the Trustees to lodge a Serious Incident Report with the Charity Commission. Furthermore, there were no Exceptions recorded and which gave rise to the need for the Trustees lo record on the Charity's Exptions, Register. RELATED PARTY TRANSACTIONS: During the year the Charity was under the control of Trustees and Management Commillee members as listed above. This report, which has been prepared in accordan with the special provisions of Part 15 of the Companies Act 2006 applicable lo small Companies. No members of the management committee received any remuneration during the year. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year. Reserve Policy 11 is the policy of the charity that unrestricted funds. which have not been designated for a specific use, should be maintained at a level equivalent to its expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding. They will be able to continue the chariws current activities while consideration is given to ways in which additional funds may be raised. The Centre will actively work lo achieve this level of reserves. INDEPENDENT EXAMINER According to the provisions of the Charities Act 2008 and updated 2011, the Committee has agreed that and audit is not required for this financial year. However due lo provisions of the same act an independent examiner is required and AM Accountancy Setvices appointed as extemal Accountant or Independent Examiner. Transaction and financial position The Statement of Financial Activities shows net surplus for the year of £129.947 and our accumulated funds stand at £952,370 in total. AM Accountancy Services carried out an independent examination of the accounts Included in the report. This report, which has been prepared in accoidance with the Statement of Recommended Practice (SORPI Accounting and Repotting by Charities issued in 2005. Approved by the trustees and signed on its behalf by This report was approved by the Executive Committee on and signed on their behalf. Mr Mohammed Abdul Gous {Chairmanl Date. 30 Mr Juber Ahmed (General Secretary} Dale.. Page6of12
Accountants, Report To the Trustees of LANSBURY ESTATE MUSLIM ASSOCIATION (LEMA) FOR THE YEAR ENDED 31 MARCH 2025 We report on the accounts for the year ended 31 March 2025 set out on pages 8 to 12 which have been prepared under the historical cost convention and the accounting policies set out in note 1 to the financial slalements. Respective Responsibilities of Trustees and Accountants As described on page 5 tlie trustees are responsible for tlie preparatioii of tlie financial stateiTteiits, and they consider tliat the trLlSt is exeinpt froiii ali audit. It is our I'esponsibility to carry OLIÈ procedures designed to eiiable us to I'eport OLir opinion to you. Basis of Opinion We conducted our work in accofdance with the Statement of Standards for Reporting Accountants, and so our procedures consisted of comparing the accounts with the accounting records kept by the charity, and making such limited enquiries of the trustees and officers as we considered necessary for the purpose of this report. These procedures provide only the assurance expressed in our opinion. Opinion In our opinion_. {al The accounts are in agreement with the accounting records kept by the charity under the requirements of the Statement of Recomtnended Practice- Accounting and Reporting by Charities., {bl Having regard only to, and on the basis of. the information contained in those accounts". 11) The accounts have been drawn up in a manner consistent with the accounting requirements specified the Statement of Recommended Practice- Accounting and Reporting by Charities. and 12} The charity satisfied the conditions for the exemption from an audit of the accounts for the year specified in the Charities Act. 13) This unaudited Account we have prepared in accordance with the figure. information and explanation we have received from the management of the current committee AM ACCOUNTANCY SE 43 BEN JONSON ROAD LONDON E14SA VICES AM Accountancy Services 43 Ben Jonson Road London El 4SA Tel.. 020 7790 6111 Date.. Page 7 of 12
LANSBURY ESTATE MUSLIM ASSOCIATION (LEMA) Statement of Financial Activities {Income & Expense Statement) FOR THE YEAR ENDED 31 MARCH 2025 2025 Total 2024 Total Notes Unrestricted Restricted Incoming Resources Voluntary income: Grant Friday Collection Moklab Collection Box Collection Cloths Bank Hafiz Class Memebership Fees Eid Collection Ramadan Collection Other Donations and Contributions Other Income l Funds Raised Other Income: Donations Wia Gift Aid & Just Giving 1,200 51,259 44.753 1.005 1,200 51,259 44.753 1.005 36.425 43,294 905 5,450 7,035 1,100 3,425 9.962 65,389 4.520 4,520 6.075 21,271 97.235 1,005 6.075 21,271 97.235 1,005 Total Incomin Resources 228,323 228.323 172.985 Resources Expended Direct Charitable Expenditure Piinling. postage. stationery & Advelisement Telephone, fax and photocopies Rent, Rale5 and service charges Light. Heat and Water Books and Materials Tiavelling Computerlsoftware Cleaning Caretaker Wages and Volunteer expenses Events and activities Pro ect Costs) Direct charitable ex enditure 1.528 394 1.989 3.793 1,528 394 1,989 3.793 1,773 297 340 5,852 2.409 7.727 57.902 5.861 81.603 2,409 7,727 57,902 5,861 81,603 1,351 6,980 55.589 2,523 74,705 Management & Administrdtion Expenses: Accountancy Legal & Professional Advertising and promotion Bank charges Insurance CRB fee Depreciation 1.200 948 1,200 948 1,200 5,700 3,434 1.185 3,434 1,185 2,575 1,845 7.958 7,958 8,840 Re airs ement & Administration Ex 2.048 16,773 2,048 16,773 1.526 21.686 Mana enses.. Total Resources Ex ended 98.376 98,376 96,391 Net Incoming Resources I (resources expended) 129,947 129,947 76.594 Net Movement funds for the period- 129,947 129,947 76,594 Total Funds Brought forward 822,423 822,423 745.829 Balance at 31 March 2025 952,370 952,370 822,423 Page8of 12
LANSBURY ESTATE MUSLIM ASSOCIATION (LEMA) Summary Income and Expenditure Account FOR THE YEAR ENDED 31 MARCH 2025 2025 Notes Income Total expenditure Nel Surplus (Deficit) for the financial year 228.323 98,376 129,947 There were no recognised gains other than those included in the Income and Expenditure Account for current year. Page 9 of 12
LANSBURY ESTATE MUSLIM ASSOCIATION LEMA Statement of Assets & Liabilities ( Balance Sheet) As at 31 March 2025 2025 NOTE Fixed Assets Building Fixture, Fittings and Equipments 649,629 45.097 694,726 Current Assets Cash al Bank & in Hand 291,894 291.894 Current Liabilities Amount falling due to one year Accruals 1.200 NET CURRENT ASSETS I ILIABILITIESI 290,694 Creditors Amount falling due after more than one year 33.050 TOTAL ASSETS LESS CURRENT LIABILITIES 952.370 FUNDS: Brought FoMard 822.423 Exces51{Deficitl of income over expenditure 129.947 Total Funds 952.370 The financial statements were approved by the Executive Cotnmittee and Signed on their behalf.. Mr Mohammed Abdul Gous (Chairperson} Mr Juber Ahmed (General Secretary} Mr Nakrul Chouwdhury (Treasurer) Date.. Date.. Date.. The Notes on pages 10 to 12 form part of the financial statements. Page 10 of 12
LANSBURY ESTATE MUSLIM ASSOCIATION (LEMA) FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES a. Basis of Accounting Basis of accounting The Financial Statements have been prepared under the historical cost convention, as modified by the revaluation of certain fixed assets and investments measured at market value. The Financial Statements have been prepared in accordance with the Financial Reporting Standard for Smaller Enlilies {effects've January 20151. and the requirements of Accounting and Reporting by Charities". Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (effective January 20151 {SORP 20151. b. Grants Revenue grants are credited to the Income and Expenditure account on a receivable basis. c. Donations Donation are recorded on a receipt basis. d. Incoming Resources Voluntary income and donations ale included in incoming resources when they ale receivable, except when the donors specify that they must be used in future accounting periods or donois, conditions have not been fulfilled, then the income is deferred. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs. e. Resources Expended Resources experided are included in the Statement of Financial Activities on accruals basis. inclusive of any VAT that cannot be recovered. Expenditure that is directly attiibulable lo specific activities has been included in these cost categories_ Where costs are attributable to more than one activity. they have been apportioned acros5 the cost categories on a basis consistent with the use of those resources. f. Going Concern Basis The financial slalements have been prepared on the going concern basis, as in the opinion of the trustees, there are no issues arising which would suggest any other basis as being more appropriate. g. Administration Costs Administration expenditure includes all expenditure not directly related to the charitable aclivily. h. Taxation As a charity, they are exempl from lax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity_ Depreciation: Depreciation is calculated so as to write off the cost of an asset. les5 Its estimated residual value, over the useful economic life of that asset as follows.. Fixture, Fitting and Equipment.. 15.10 on Reducing Balance method Page11 of12
LANSBURY ESTATE MUSLIM ASSOCIATION (LEMA) FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS 2. FIXED ASSETS COST Fixtures. fittings & Improvements Building and Construction Al 01 April 2024 Fixtures and fillings Addition Al 31 March 2025 50,095 2,960 53,055 634,553 15.076 649,629 684.648 18.036 702.684 DEPRECIATION AI 01 April 2024 Charge for the year At 31 Mar¢h 2025 7.958 7.958 7.958 7.958 NET BOOK VALUE Al 01 April 2024 Al 31 March 2025 50,095 45,097 634.553 649.629 684,648 694.726 Net Surplus of the Financial Year The excess of expenditure over income is slated after charging.. 2025 Accountants, remuneration Depreciation 1,200 7,958 Creditors and Acruals Accountancy 1,200 1.200 5 Creditors Amount falling due after more than one year Interest Free Loan {Karde Hasanal 2025 Opening Balance as at 01104124 Received Repaid Balance as at 31103125 32,000 4,050 3,000 33,050 Fundslcapital 2025 Balance al 31 March 2023 822,423 Balance al 1 April 2024 822,423 Excessl (Deficit) of Income over Expenditure Balance at 31 March 2025 129.947 952,370 Page 12 of 12