Charity Registration No. 1156911 (England and Wales)
SOHO HILL MUSLIM BIRMINGHAM EDUCATIONAL & WELFARE CENTRE ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
SOHO HILL MUSLIM BIRMINGHAM EDUCATIONAL & WELFARE CENTRE ANNUAL REPORT AND ACCOUNTS CONTENTS
| Page | |
|---|---|
| Charity information | 3 |
| Trustees' report | 4 |
| Accountants' report | 6 |
| Statement of income and retained earnings | 7 |
| Statement of financial position | 8 |
| Notes to the accounts | 9 |
| Detailed profit and loss account | 12 |
| Independent Examiner Report | 13 |
- 2 -
SOHO HILL MUSLIM BIRMINGHAM EDUCATIONAL & WELFARE CENTRE CHARITY INFORMATION FOR THE YEAR ENDED 31 MARCH 2023
Trustees Abdul Jalloh (Chairman) Cornel W Morrison Mahmoud Sesay Mohamed Bangura Sulaiman Turay Fatma P Sesay Jalloh Jara Phattey Mohamed Jalloh Secretary Baba M. Jibirin Charity Number 1156911 (England and Wales) Registered Office 130 Soho Hill Birmingham West Midlands B19 1AF United Kingdom Accountants Accountae Ltd Union House 111 New Union Street Coventry CV1 2NT
- 3 -
SOHO HILL MUSLIM BIRMINGHAM EDUCATIONAL & WELFARE CENTRE (CHARITY NO: 1156911 ENGLAND AND WALES) TRUSTEES' REPORT
The Trustees present their report and accounts for the year ended 31 March 2023.
Principal activity
The Soho Hill Muslim Birmingham Education & Welfare Centre was established in 2012 as a base for religious, educational and social related practices for the benefit of growing number of Muslims of all age group and diversity within and around the wider west midlands area. We are just recently registered in England and Wales as a Charity.
The charity is run and led by a dedicated and committed team of Trustees with wealth of professional and local knowledge and expertise. We are also supported by a passionate Imam and a team of inspiring volunteers working together to drive change and improve community cohesion and tolerance, as well as promoting a better understanding of Islam to the wider Public.
Trustees
The following Trustees held office during the whole of the period:
Abdul Jalloh Mahmoud Sesay Mohamed Bangura Cornel W Morrison Sulaiman Turay Fatma P Sesay Jalloh Jara Phattey Mohamed Jalloh
Charitable and Political donations
No political donations were made during the financial year
Statement of Trustees' responsibilities
The Trustees are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Charity law requires the Trustees to prepare accounts for each financial year. Under that law, the Trustees have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under Charity law the Trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of the profit or loss of the Charity for that period. In preparing these accounts, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the accounts on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the accounts comply with the Companies Act 2006. 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.
- 4 -
Signed on behalf of the board of Trustees
....
Abdul Jalloh Trustee
Approved by the board on: 12 January 2024
- 5 -
CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF TRUSTEES ON THE PREPARATION OF THE STATUTORY ACCOUNTS OF SOHO HILL MUSLIM BIRMINGHAM EDUCATIONAL & WELFARE CENTRE FOR THE YEAR ENDED 31 MARCH 2023
In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the accounts of Soho Hill Muslim Birmingham Educational & Welfare Centre for the year ended 31 March 2023 as set out on pages 7 - 11 from the Charity's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Trustees of Soho Hill Muslim Birmingham Educational & Welfare Centre, as a body, in accordance with the terms of our engagement letter dated 21 December 2023. Our work has been undertaken solely to prepare for your approval the accounts of Soho Hill Muslim Birmingham Educational & Welfare Centre and state those matters that we have agreed to state to the Board of Trustees of Soho Hill Muslim Birmingham Educational & Welfare Centre, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Soho Hill Muslim Birmingham Educational & Welfare Centre and its Board of Trustees as a body for our work or for this report.
It is your duty to ensure that Soho Hill Muslim Birmingham Educational & Welfare Centre has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Soho Hill Muslim Birmingham Educational & Welfare Centre. You consider that Soho Hill Muslim Birmingham Educational & Welfare Centre is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Soho Hill Muslim Birmingham Educational & Welfare Centre. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Mamadou Diallo Accountae Ltd Chartered Certified Accountants
Union House 111 New Union Street Coventry CV1 2NT
12 January 2024
- 6 -
SOHO HILL MUSLIM BIRMINGHAM EDUCATIONAL & WELFARE CENTRE STATEMENT OF INCOME AND RETAINED EARNINGS FOR THE YEAR ENDED 31 MARCH 2023
| Incoming Resources Cost of Generating Funds: Operating profit Net Incoming/Outgoing Ressources Net Incoming/Outgoing Ressources for the financial year Total Funds at the start of the year Net Funds for the financial year Total Funds at the end of the year |
2023 £ Unrestricted Funds 25,777 (12,843) 12,934 12,934 - 12,934 144,671 12,934 - 157,605 |
2022 £ 35,148 (12,691) |
|---|---|---|
| 22,457 | ||
| 22,457 - |
||
| 22,457 | ||
| 122,214 22,457 - |
||
| 144,671 |
- 7 -
SOHO HILL MUSLIM BIRMINGHAM EDUCATIONAL & WELFARE CENTRE STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2023
| Notes Fixed assets Tangible assets 4 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 6 Net assets Funds Unrestricted Funds Total funds |
2023 £ Unrestricted Funds 237,500 35,099 (13,309) 21,790 259,290 (101,685) 157,605 157,605 157,605 |
2022 £ 237,500 22,565 (400) |
|---|---|---|
| 22,165 | ||
| 259,665 (114,994) |
||
| 144,671 | ||
| 144,671 | ||
| 144,671 |
For the year ending 31 March 2023 the Charity The members have not required the Charity to obtain an audit in accordance with section 476 of the Companies Act 2006 but have asked an independent examiner to examine the accounts.
The Trustees 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 the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities and the charities act 2011.
The financial statements were approved by the Board of Trustees and authorised for issue on 12 January 2024 and were signed on its behalf by
Abdul Jalloh Trustee
Charity Registration No. 1156911
- 8 -
SOHO HILL MUSLIM BIRMINGHAM EDUCATIONAL & WELFARE CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
1 Statutory information
Soho Hill Muslim Birmingham Educational & Welfare Centre is a Charity, registered in England and Wales, registration number 1156911. The registered office is 130 Soho Hill , Birmingham, West Midlands, B19 1AF , United Kingdom.
2 Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard and with the Charities Act 2011.
3 Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Grants and donations
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Tax reclaims on donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
And with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011.
- 9 -
SOHO HILL MUSLIM BIRMINGHAM EDUCATIONAL & WELFARE CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: 100 years
Land & buildings
Building
Going concern
There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern,
Recognition of income
These are included in the Statement of Financial Activities (SoFA) when:
-
the charity becomes entitled to the resources;
-
it is more likely than not that the trustees will receive the resources; and
-
the monetary value can be measured with sufficient reliability.
Donated goods
Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Income from membership subscriptions
Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies.
Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Tangible fixed assets for use by charity
These are capitalised if they can be used for more than one year, and cost at least They are valued at cost.
| 4 | Tangible fixed assets | Land & |
|---|---|---|
| buildings | ||
| £ | ||
| Cost or valuation | At cost | |
| At 1 April 2022 | 237,500 | |
| At 31 March 2023 | 237,500 | |
| Depreciation | ||
| At 31 March 2023 | - | |
| Net book value | ||
| At 31 March 2023 | 237,500 | |
| At 31 March 2022 | 237,500 |
- 10 -
SOHO HILL MUSLIM BIRMINGHAM EDUCATIONAL & WELFARE CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
| 5 | Creditors: amounts falling due within one year | 2023 | 2022 |
|---|---|---|---|
| £ | £ | ||
| Bank loans | 13,309 | - | |
| Other creditors | - | 14,000 | |
| 13,309 | 14,000 |
| 6 | Creditors: amounts falling due after more than one year | 2023 | 2022 |
|---|---|---|---|
| £ | £ | ||
| Bank loans | 101,685 | 114,994 |
7 Transactions with related parties
The charity had no transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note.
None of the trustees have been paid any remuneration or received any other benefits from an employment with the charity or a related entity
8 Average number of employees
During the year the average number of employees was 8 (2022: 8).
- 11 -
SOHO HILL MUSLIM BIRMINGHAM EDUCATIONAL & WELFARE CENTRE DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023
This schedule does not form part of the statutory accounts.
| Turnover Donations Grants Administrative expenses Travel and subsistence Rates Light and heat Telephone and fax Insurance Repairs and maintenance Sundry expenses Accountancy fees Other legal and professional Net Income Net Income on ordinary activities before |
2023 £ 25,777 - 25,777 107 746 3,453 434 1,233 3,900 500 400 2,070 12,843 12,934 12,934 |
2022 £ 25,148 10,000 |
|---|---|---|
| 35,148 | ||
| - 1,868 2,252 465 1,166 3,790 - 400 2,750 |
||
| 12,691 | ||
| 22,457 | ||
| 22,457 |
- 12 -
SOHO HILL MUSLIM BIRMINGHAM EDUCATIONAL & WELFARE CENTRE DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023
Soho Hill Muslim Birmingham Education & Welfare Centre Charity Registration No. 1156911 (England and Wales)
Independent Examiner’s Report to the Trustees of Soho Hill Muslim Birmingham Education & Welfare Centre
I report on the accounts of the charity for the year ended 31[st] March 2023 which are set out on pages 4 to 12.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention
-
which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations
-
to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations
Mr Tae Sigauke, ACCA Union House 111 New Union Street Coventry CV1 2NT
18[th] January 2024
- 13 -