2021-12-31-accounts - Al-Furqaan Welfare & Education

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Trustees' Annual Report for the period

Period start date Period end date 1 01 2021 31 12 2021 From To

Section A Reference and administration details

Charity name Other names charity is known by Registered charity number (if any) 1156245

AL-FURQAAN WELFARE & EDUCATION

Charity's principal address 89 KENNETH ROAD ROMFORD Postcode RM6 6LR

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	Mr Sajid Patel
	Mr Muhammed Patel
	Mr Zahir Dadabhai

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

March 2012

TAR

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

CONSTITUTION

(eg. trust deed, constitution)

Chartable Incorporated Organisation How the charity is constituted

(eg. trust, association, company)

Trustee selection methods Appointed through resolutions passed at a properly convened meeting of (eg. appointed by, elected by) the trustees. The first charity trustees have been appointed through the constitution.

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

• In selecting individuals for appointment as charity trustees, the trustees must have regard for the skills knowledge and experience needed for effective administration of the CIO.

policies and procedures • Each new trustee will receive on or before appointment: a copy of the adopted for the induction and ’ current version of the constitution and a copy of the latest Trustees Annual
training of trustees; Report and statement of accounts.
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

(1) To advance the Islamic faith for the benefit of the public, principally through the activities of the study of religious teachings, the holding of prayer meetings and the offering of public rituals and ceremonies
(2) To further or benefit the residents of (mainly but not exclusively) of inner city London without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating

March 2012

TAR

together the said residents and the local authorities and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents

During the current period the charity has not yet undertaken any charitable activities, or undertaken any significant fund-raising activities. The trustees have been occupied with the set-up and administration of the newly formed charity.

Going forward it is expected that work towards the achievement of the charity ’ s objectives will result in significant public benefit.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

March 2012

TAR

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

March 2012

TAR

Section D Achievements and erformance p

Summary of the main achievements of the charity during the year

March 2012

TAR

	Al-Furqaan Welfare & Education	Al-Furqaan Welfare & Education	Al-Furqaan Welfare & Education	Al-Furqaan Welfare & Education	1156245		CC17a
	Annual accounts for the period
	1/1/2021 1/1/2			To	31/12/2021

Section A	Statement of financial activities
Incoming resources (No Recommended categories by activity	Note te 3) Details of own analysis		£ £ £ £ £ Unrestricted funds Restricted income funds Endowment funds Total this year Total last year F01 F02 F03 F04 F05
Incoming resources from generated funds Incoming resources from charitable activities Other incoming resources Voluntary income Activities for generating funds Investment income		S01 S02 S03 S04 S05	-	-	-	-	-
	35		35	-	-	35	-
			-	-	-	-	-
			-	-	-	-	-
			-	-	-	-	-
			-	-	-	-	-
Resources expended (N Gross transfers between Other recognised gains/ Total funds brought forw Costs of Generating Funds Charitable activities Governance costs Other resources expended Costs of generating voluntary income Fundraising trading costs Investment management costs *Total* *Total r* *Net* *Total fu* *Net incoming/(outgo* *Net incoming/(outgoing) r* *reco* Gains and losses on revalua the charity’s own use Gains and losses on investm	otes 4-8) funds (losses) ard S06 S07 S08 S09 S10 S11 S12 S13 S14 S15 S16 S17 S18 S19 S20 S21 *incoming resources* *esources expended* *movement in funds* *nds carried forward* *ing) resources before* *transfers* *esources before other* *gnised gains/(losses)* tion of fixed assets for ent assets		35	-	-	35	-

			-	-	-	-	-
			-	-	-	-	-
			-	-	-	-	-
			-	-	-	-	-
			-	-	-	-	-
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			-	-	-	-	-
			-	-	-	-	-
			35	-	-	35	-
			-	-	-	-	-
			35	-	-	35	-

			-	-	-	-	-
			-	-	-	-	-
			35	-	-	35	-
			-	-	-	-	-
			35	-	-	35	-

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			Unrestrlcted	Restricted	Endovument	Totalthis	Totallast
			funds	incomefunds	funds	year	year
			g	E	E	g,	g,
Fixedassets			F01	F02	F03	F04	F05
Tangibleassets (Note9)		801
		BO2
Investments	(Note x0)	803
	Totalfixedassefs	804
Current assets
Stockandworkin progress		805
Debtors	(Note11)	806
(Short term)	investments	B07
Cashatbankand inhand		808	35			35
	Total currenf assets	809	35			35
Creditors:amounts faltingduewithin
oneyear	(Note12)	810
	Netcurrentassets(tiabiIities)		35			35
Iofa,	assets lesscurrent liabilities		35			35
Creditors:amountsfallingdueafter one year (Note12)
Provisionsfor liabilitiesandcharges		814
	,Vefasseb	B1s				35
Funds ofthe Charity
Unrestricted	funds	B16
		817
Restricted income funds(Note13)		818
Endowment	fundsNote13)	819
	Totalfunds	Bzo	35
Signed by one trustees	or twotrustees onbehalf ofallthe		Signature		Print	Name	Dateof
		8,ue-2, *#ddt#=.-			.(47iD ,j+/et Z.I:NSAAHAT		27/,o/zz r.'Ilts/z>

CC17a {Excel) 3011012022

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);

• and with Accounting Standards; or C Financial Reporting Standards for Smaller Enterprises (FRSSE); • and with the Charities Act. [* except for the following].

Give details in this box if a different standard has been followed.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year).

Give details in this box of any material changes that have been made.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years.

Give details in this box of any material changes that have been made.

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Section C Notes to the accounts (cont)
Note 2 Accounting policies
*This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or*
*additional policy has been adopted then this is detailed in the box below.*
INCOMING RESOURCES
Recognition of incoming These are included in the Statement of Financial Activities (SoFA) when:
resources · the charity becomes entitled to the resources;
· the trustees are virtually certain they will receive the resources; and
· the monetary value can be measured with sufficient reliability.
Incoming resources with Where incoming resources have related expenditure (as with fundraising or contract income) the
related expenditure incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional entitlement to
the resources.
Tax reclaims on donations and Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which
gifts they relate.
Contractual income and This is only included in the SoFA once the related goods or services have been delivered.
performance related grants
Gifts in kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by
the charity.
Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable.
Donated services and facilities These are only included in incoming resources (with an equivalent amount in resources expended)
where the benefit to the charity is reasonably quantifiable, measurable and material The value placed .
on these resources is the estimated value to the charity of the service or facility received.
Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Investment income This is included in the accounts when receivable.
Investment gains and losses This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing
investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to
pay out resources.
Governance costs Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings
and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance Where the charity gives a grant with conditions for its payment being a specific level of service or
conditions output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has
provided the specified service or output.
Grants payable without These are only recognised in the accounts when a commitment has been made and there are no
performance conditions conditions to be met relating to the grant which remain in the control of the charity.
Support Costs Support costs include central functions and have been allocated to activity cost categories on a basis
consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff
costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use by These are capitalised if they can be used for more than one year, and cost at least £500. They are
charity valued at cost or a reasonable value on receipt.
Investments Investments quoted on a recognised stock exchange are valued at market value at the year end.
Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress These are valued at the lower of cost or market value.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM THOSE
ABOVE

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Section C Notes to the accounts (cont)

Note 3 Analysis of incoming resources

Incoming resources may be further analysed if this would help the reader of the accounts.

Voluntary income	Analysis This year Last year £ £ Donations 35 35 - - - - - - - -	Analysis This year Last year £ £ Donations 35 35 - - - - - - - -	Analysis This year Last year £ £ Donations 35 35 - - - - - - - -
	Donations	35	35
		-	-
		-	-
		-	-
		-	-
Activities for generating funds Investment income Incoming resources from charitable activities	Total	35	35

		-	-
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		-	-
		-	-
		-	-
	Total	-	-

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		-	-
	Total	-	-

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		-	-
		-	-
	Total	-	-

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Section C Notes to the accounts (cont)

Note 4 Analysis of resources expended

Resources expended may be further analysed if this would help the reader of the accounts.

Costs of generating voluntary income	Analysis This year Last year £ £	Analysis This year Last year £ £	Analysis This year Last year £ £
		-	-
		-	-
		-	-
		-	-
		-	-
Fundraising trading costs Investment management costs Charitable activities Governance costs	Total	-	-

		-	-
		-	-
		-	-
		-	-
		-	-
	Total	-	-

		-	-
		-	-
		-	-
	Total	-	-

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		-	-
		-	-
	Total	-	-

		-	-
		-	-
		-	-
	Total	-	-

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Section C Notes to the accounts (cont)

Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

	Fundraising activity	Charitable Activity	Governance Activity	Total Cost
Support cost type	£	£	£	£
	-	-	-		-
	-	-	-		-
	-	-	-		-
	-	-	-		-
	-	-	-		-
	-	-	-		-
	-	-	-		-
Total	-	-	-		-

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).

*please enter ‘None’ in the appropriate box(es).*
		This year		Last year
Number of trustees who were paid expenses
Nature of the expenses
Total amount paid	£		£

6.2 Fees for examination or audit of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).

Independent examiner’s or auditors' fees for reporting on the accounts Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor

	This year	Last year
	£	£

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Section C Notes to the accounts (cont)

Note 7 Paid employees

Please complete this note if the charity has any employees.

7.1 Staff Costs

7.1 Staff Costs
			This year		Last year
			£		£
Gross wages, salaries and benefits in kind				-		-
Employer’s National Insurance costs				-		-
Pension costs				-		-
		Total staff costs		-		-

7.2 Average number of full-time equivalent	employees in the year		This year Number		Last year Number
The parts of the charity in which the		Fundraising		-		-
employees work		Charitable Activities		-		-
		Governance		-		-
		Other		-		-
		Total		-		-

7.1 Staff Costs
Gross wages, salaries and benefits in kind Employer’s National Insurance costs Pension costs		This year £	Last year £
		-	-
		-	-
		-	-
	Total staff costs	-	-

7.2 Average number of full-time equivalent The parts of the charity in which the employees work	employees in the year	This year Number	Last year Number
	Fundraising	-	-
	Charitable Activities	-	-
	Governance	-	-
	Other	-	-
	Total	-	-
*Please complete if a defined contribution p* 7.3 Defined contribution pension scheme Brief details of the scheme The costs of the scheme to the charity for the y The amount of any contributions outstanding at The amount of any contributions prepaid at the	*ension scheme is operated.*

	ear the year end year end
		This year £	Last year £

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Section C Notes to the accounts (cont)

Note 8 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

8.1 Total value of grants

8.1 Total value of grants
		Grants to		Grants to
		institutions		individuals
Purpose for which grants made		Total amount	£	Total amount	£
			-		-
			-		-
			-		-
					-
			-
					-
			-
					-
			-
	*Total*		-		-

8.1 Grantmaking costs

If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.

Support costs of grantmaking

8.3 Grants made to institutions

If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.

Purpose		Total amount of grants paid £
		-
		-
		-
		-
		-
		-
		-
		-
		-
		-
*Total*	*grants to institutions*	-

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Section C Notes to the accounts (cont)

Note 9 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

9.1 Cost or valuation

9.1 Cost or valuation
	£ Freehold land & buildings	£ Other land & buildings	£ Plant, machinery and motor vehicles	£ Fixtures, fittings and equipment	£ Payments on account and assets under construction	Total £
Balance brought forward Additions Revaluations Disposals Transfers *	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
9.2 Accumulated depreciation and impairment provisions *Basis* Rate 9.3 Net book value Balance carried forward - - - - - - SL or RB SL or RB SL or RB SL or RB SL or RB Balance brought forward - - - - - - Depreciation charge for year - - - - - - Impairment provisions - - - - - - Revaluations - - - - - - Disposals - - - - - - Transfers* - - - - - - Balance carried forward - - - - - - Brought forward - - - - - - Carried forward - - - - - -	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-
	-	-	-	-	-	-

	-	-	-	-	-	-
	-	-	-	-	-	-
*If any fixed assets have been revalued please give details of the valuer and method of valuation* 9.4 Revaluation

9.4 Revaluation

If any fixed assets have been revalued please give details of the valuer and method of valuation

The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

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CC17a {Excel) 12 3011012022

CC17a {Excel) 13 3011012022

Section C Notes to the accounts (cont)

Note 10 Investment assets

Please complete this note if the charity has any investment assets.

10.1 Fixed assets investments

10.1 Fixed assets investments	10.1 Fixed assets investments
Add: Less: Add/(deduct): Carrying (market) value at beginning of year additions to investments at cost disposals at carrying value net gain/(loss) on revaluation		£
		-
		-
		-
		-
Carrying (market) value at end of year		-

Please provide below:

10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.

10.3 A breakdown of the income from investments agreeing with SOFA row S03.

ge or held in common investment usts or other collective investment ings and companies ange Total	10.2 Market value at year end £	10.3 Income from investments for the year £
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-
	-	-
value (for example represents more than 5 per cent of the value of tails.

10.4 Material investment holdings

If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.

Investment held

Market Value

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Section C Notes to the accounts (cont)

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

*Please complete this note if the charity has any*	*debtors or*	*prepayments.*	*prepayments.*
Analysis of debtors		Amounts falling due within one year		Amounts falling due after more than one year
		This year	Last year	This year	Last year
		£	£	£	£
Trade debtors		-	-	-	-
Amounts due from subsidiary and associated
undertakings		-	-	-	-
Other debtors		-	-	-	-
Prepayments and accrued income		-	-	-	-
	Total	-	-	-	-

Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors

12.1 Analysis of creditors
	Amounts falling due within		Amounts falling due after
	one	year	more than one year
	This year	Last year	This year	Last year
	£	£	£	£
Loans and overdrafts	-	-	-	-
Trade creditors	-	-	-	-
Amounts due to subsidiary and associated undertakings	-	-	-	-
Other creditors	-	-	-	-
Accruals and deferred income	-	-	-	-
Total	-	-	-	-

12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.

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Section C Notes to the accounts (cont)

Note 13 Endowment and restricted income funds

Please complete this section if the charity has any endowment or restricted income funds.

13.1 Funds held

Please give a brief description of any of the following type of funds held by the charity:

permanent endowment funds (PE);
expendable endowment funds (EE); and
restricted income funds, including special trusts, of the charity (R).

Fund	Name	Type PE, EE or R	Purpose and Restrictions

13.2 Movements of major funds

Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.

		Fund					Fund
		balances					balances
		brought	Incoming	Outgoing		Gains and	carried
		forward	resources	resources	Transfers	losses	forward
Fund names		£	£	£	£	£	£
		-	-	-	-	-	-
		-	-	-	-	-	-
		-	-	-	-	-	-
		-	-	-	-	-	-
		-	-	-	-	-	-
		-	-	-	-	-	-
	Total Funds	-	-	-	-	-	-

13.3 Transfers between funds

Please give details of any transfers between funds.

From Fund (Name) To Fund (Name) Reason Amount

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Section C Notes to the accounts (cont)

Note 14 Transactions with related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.

14.1 Remuneration and benefits

Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.

							Amounts paid or benefit value	Amounts paid or benefit value
Name	of	trustee	or	connected	party	Legal authority (eg order, governing document)	This year	Last year
							£	£

14.2 Loans

Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.

Name of trustee or connected party	Legal authority	Amount owing	Amount owing
		This year £	Last year £

14.3 Other transaction(s) with trustees or related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.

Name of the trustee or		Description of the	This year	Last year
related party	Relationship to charity	transaction(s)	£	£

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Section C Notes to the accounts (cont)

Note 15 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

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