Charity Registration number 1157664 Company limited by guarantee without shares Company registration number:08766436
Woodford Muslim Cultural Centre Ltd
Accounts
30 November 2022
Woodford Muslim Cultural Centre Ltd Contents
| Page | |
|---|---|
| Charity information | 1 |
| Trustees report | 2 |
| Accountants' report | 3 |
| Income and Expenditure Account | 4 |
| Balance sheet | 5 |
| Notes to the accounts | 6-7 |
Woodford Muslim Cultural Centre Ltd (A Company limited by guarantee Company registration no; 08766436)
Status
The organisation is a charity, registered with Charity Commission registration number is 1157664. The Company was incorparated under a memorandum of Association which establishses the objective of the charitable company and is governed under its Article of Association.
Directors:
Mr. Anwar Ahmed Mr. Guljar Alam Mr. Enus Ali Mr. Malik Ali Mr. Shamsul Hoque Mr. M N Islam Mr. Hasan Sayeed Samee-Ahmed Mr. Ashfaque Uddin Mr. Golam Zilani Mr. Faysal Ahmed
Accountants
Huq and Co 18 New Road London E1 2AX
Registered and Pricipal Office
114-116 Snakes Lane East Woodford Essex IG8 7HY
Bankers
Barclays Bank PLC
1
Woodford Muslim Cultural Centre Ltd
REPORT OF THE MANAGEMENT COMMITTEE OF WOODFORD MUSLIM CULTURAL CENTRE LTD FOR THE YEAR ENDED 30 NOVEMBER 2018
The trustees of the charity presents their report and accounts for the year ended 30 November 2018.
The accounts have been prepared in accordance with the charity's requeirement and comply with the Statement of Recommended Practice (SORP), "Accounting and Reporting by Charities Act 2011".
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1) Details of Financial Activities (Incorporating Income and Expenditure Account) for the year ending 30 November 2018 set out on page 4.
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2) Changes to the accumulated fund and fix assets are set out on page 5.
Review of Activities
The trustees consider the performance of the trust for the current year to be adequate.
The charity organised seminars and conferences covering issues of religious and communal responsibilities.
Risk management
The trustees and management committee have assessed the major risks to which the Charity is exposed in particular of operation and finances, and are satisfied that measures are in place to mitigate the effect of those risks.
Trustees' and members of the management committees' responsibilities in relation to Financial Statement
Charity law requires the trustees and members of the management committee to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year .
This report was approved by the Board of Trustees on …………………………. and signed on its behalf by:-
…………………..
Faysal Ahmed Director Dated:
2
Woodford Muslim Cultural Centre Ltd
ACCOUNTANTS REPORT TO THE TRUSTEES AND OF GOVERNING BODY OF WOODFORD MUSLIM CULTURAL CENTRE LTD FOR THE YEAR ENDED 30 NOVEMBER 2018.
As members of the Board of Trustees of Woodford Muslim Cultural Centre , you are responsible for the preparation of the accounts. You considered that an audit is not required under the requirement of the section 43 (2) of the Charities Act 1993. It is our responsibility to state, on the basis of procedures, specified in the General Directions given by the Charities Commissioners under Sec. 43 (7) (b) of the Act, whether particular matters have come to our attention.
Our examination was carried out in accordance with the general directions given by the Charities Commissioner. 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 seeking explanation from you as members of Education board concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently we do not express an audit opinion on these accounts.
In course of our examination no matter has come to our attention to express dissatisfaction in regards to any material aspect of Accounting record keeping or preparation of accounts as per the books and record kept by the charity.
Huq and Co Accountants
18 New Road London E1 2AX
30 November 2023
3
Woodford Muslim Cultural Centre Ltd Profit and Loss Account for the year ended 30 November 2022
| Incoming Resources Resources Expended Premises costs Repairs General administrative expenses Legal and professional costs Other expenses Surplus |
2022 £ 145,584 6,049 1,440 1,093 3,169 14,594 26,345 119,239 |
2021 £ 60,747 4,955 2,785 1,358 500 13,902 |
|---|---|---|
| 23,500 | ||
| 37,247 |
4
Woodford Muslim Cultural Centre Ltd Balance Sheet as at 30 November 2022
| Notes Fixed assets Other fixed assets 2 Current assets Cash in hand and balance at bank Current liabilities Trade creditors/accruals Net current assets Interest free loan 3 Net assets Accumulated Fund Balance at start of period Net profit 4 |
151,408 | 2022 £ 989,004 150,908 (777,244) 362,668 243,429 119,239 362,668 |
78,759 | 2021 £ 979,914 77,259 (813,744) |
|---|---|---|---|---|
| 500 | 1,500 | |||
| 243,429 | ||||
| 206,182 37,247 |
||||
| 243,429 |
The Charitable Company is entitled to exemption from audit under Section 477 of the Copanies Act 2006 for the period ended 30 November 2018.
The menbers have not required the charitable company to obtain an audit of its financial statements for the year ended 30 November 2018 in accordance with Section 476 of the Companies Act 2006.
These financial statements have been prepared in accordance with the special provision of Part 15 of the Companies Act 2006 relating to small charitable companies and with the financiial reporting standard for smaller entities (effective April 2008).
The financial statements were approved by the management committee on .................... and were signed on its behalf by:
Director
……………………..
30 November 2023
5
Woodford Muslim Cultural Centre Ltd Notes to the Accounts
for the year ended 30 November 2022
1 Profit and loss account analysis
| Profit and loss account analysis | ||
|---|---|---|
| Incoming Resources Donations Friday Collection Interest Received Resources Spent Premises costs Water Charges Light and heat Cleaning Repairs Other Repairs and Maintenance General administrative expenses Telephone and fax Postage, printing and stationery Insurance Legal and professional costs Accountants fees Other expenses Other expenses |
2022 £ 51,958 18,612 - 145,584 647 2,350 3,052 6,049 1,440 216 62 815 1,093 500 14,594 |
2021 £ 49,096 11,612 39 |
| 60,747 | ||
| 273 1,712 2,970 |
||
| 4,955 | ||
| 2,785 | ||
| 159 384 815 |
||
| 1,358 | ||
| 500 | ||
| 13,902 |
6
Woodford Muslim Cultural Centre Ltd Notes to the Accounts
for the year ended 30 November 2022
2 Other fixed assets
| 2 Other fixed assets |
||
|---|---|---|
| Freehold Prenises Improvement 3 Interest Free Loan Balance at the beginning of the year Received during the year Repaid during the year Balance outstanding at the end of the year |
2022 £ 979,914 9,090 989,004 813,744 65,500 879,244 (112,000) (777,244) |
2021 £ 552,659 427,255 |
| 979,914 464,227 360,000 |
||
| 824,227 (10,483) |
||
| 813,744 |
- 3 Accumulated Fund
| At 01/12/2021 £ 243,429 243,429 |
Surplus £ 119,239 119,239 |
At 30/11/2022 £ 362,668 |
|---|---|---|
| 362,668 |
7