**REGISTERED COMPANY NUMBER: 08246178 (England and Wales) REGISTERED CHARITY NUMBER: 1158383** ## **Report of the Trustees and** ## **Unaudited Financial Statements for the Year Ended 31 October 2020** **for** ## **Oswestry Muslim Centre** SKN Services Ltd Chartered Accountants SKN Business Centre 1 Guildford Street Birmingham West Midlands B19 2HN Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 **Oswestry Muslim Centre** **Contents of the Financial Statements for the Year Ended 31 October 2020** ||**Page**| |---|---| |**Report of the Trustees**|1 to 2| |**Independent Examiner's Report**|3| |**Statement of Financial Activities**|4| |**Balance Sheet**|5 to 6| |**Notes to the Financial Statements**|7 to 12| |**Detailed Statement of Financial Activities**|13| Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 **Oswestry Muslim Centre** ## **Report of the Trustees** ## **for the Year Ended 31 October 2020** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** The Charity is established for charitable purposes and the objects of the Charity are:- To promote for the benefit of the Muslim inhabitants of Oswestry and the surrounding area the provision of facilities for recreation and other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the conditions of life of the said inhabitants. To advance the Islamic Religion for the benefit of the public in Oswestry in accordance with the Qur'an and Sunnah. Such other charitable purposes for the benefit of the Muslim inhabitants of Oswestry as the trustees shall think fit. ## **ACHIEVEMENT AND PERFORMANCE** ## **Fundraising activities** The charity undertook fundraising campaign during the accounting period and it has been successful. The charity acquired permanent premises in the previous year. During the current year major renovation works have started to uplift the premises, the charity anticipates the works to be completed by next year. ## **FINANCIAL REVIEW** ## **Reserves policy** The trustees have established a policy whereby the unrestricted funds held by the charity should be between 3 and 6 months of the resources expended. At this level, the management committee feel that they would be able to continue the current activities of the charity in the event of a significant drop in the funding. The management committee meet as required to review the activities and finances of the charity. Total incoming resources for the period amounted to £65,689 (2019: £29,323) with a net surplus of £61,990 (2019 £24,781) at the year end. ## **FUTURE PLANS** The charity hopes to continue with its fundraising campaign in the coming year in order to fulfil its objects. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** 08246178 (England and Wales) Page 1 Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 **Oswestry Muslim Centre** ## **Report of the Trustees** ## **for the Year Ended 31 October 2020** ## **Registered Charity number** 1158383 ## **Registered office** SKN Business Centre 1 Guildford Street Birmingham West Midlands B19 2HN ## **Trustees** Rukon Abdullah Trustee Cherag Ali Trustee Rahim Ullah Trustee Faruk Miah Trustee ## **Independent Examiner** Mr Shalim Uddin - FCA SKN Services Ltd Chartered Accountants SKN Business Centre 1 Guildford Street Birmingham West Midlands B19 2HN Approved by order of the board of trustees on 25 June 2021 and signed on its behalf by: Rukon Abdullah - Trustee Page 2 Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 ## **Independent Examiner's Report to the Trustees of Oswestry Muslim Centre** ## **Independent examiner's report to the trustees of Oswestry Muslim Centre ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2020. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr Shalim Uddin - FCA SKN Services Ltd Chartered Accountants SKN Business Centre 1 Guildford Street Birmingham West Midlands B19 2HN 25 June 2021 Page 3 Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 ## **Oswestry Muslim Centre** ## **Statement of Financial Activities for the Year Ended 31 October 2020** |**31.10.20**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**65,689**
**EXPENDITURE ON**
Raising funds
2
**816**
**Charitable activities**
Charitable
**2,883**
**Total**
**3,699**
**NET INCOME**
**61,990**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**87,023**
**TOTAL FUNDS CARRIED FORWARD**
**149,013**|31.10.19
Total
funds
£
29,323
3,392
1,150| |---|---| ||4,542| ||24,781
62,242| ||87,023| The notes form part of these financial statements Page 4 Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 **Oswestry Muslim Centre** ## **Balance Sheet** ## **31 October 2020** |**31.10.20**
**Unrestricted**
**fund**
Notes
**£**
**FIXED ASSETS**
Tangible assets
6
**148,520**
**CURRENT ASSETS**
Debtors
7
**4,000**
Cash at bank and in hand
**23,493**
**27,493**
**CREDITORS**
Amounts falling due within one year
8
**-**
**NET CURRENT ASSETS**
**27,493**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**176,013**
**CREDITORS**
Amounts falling due after more than one
year
9
**(27,000)**
**NET ASSETS**
**149,013**
**FUNDS**
10
Unrestricted funds
**149,013**
**TOTAL FUNDS**
**149,013**|31.10.19
Total
funds
£
85,588
15,000
16,976
31,976
(2,531)
29,445
115,033
(28,010)
87,023
87,023
87,023| |---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020. The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2020 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements continued... Page 5 Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 **Oswestry Muslim Centre** ## **Balance Sheet - continued** ## **31 October 2020** These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 25 June 2021 and were signed on its behalf by: Rukon Abdullah - Trustee The notes form part of these financial statements Page 6 Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 **Oswestry Muslim Centre** **Notes to the Financial Statements for the Year Ended 31 October 2020** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. continued... Page 7 Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 **Oswestry Muslim Centre** ## **Notes to the Financial Statements - continued** ## **for the Year Ended 31 October 2020** ## **2. RAISING FUNDS** |**Raising donations and legacies**||| |---|---|---| ||**31.10.20**|31.10.19| ||**£**|£| |Support costs|**600**|3,392| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 October 2020 nor for the year ended 31 October 2019. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 October 2020 nor for the year ended 31 October 2019. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Unrestricted| |---|---| ||fund| ||£| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|29,323| |**EXPENDITURE ON**|| |Raising funds|3,392| |**Charitable activities**|| |Charitable|1,150| |**Total**|4,542| |**NET INCOME**|24,781| |**RECONCILIATION OF FUNDS**|| |**Total funds brought forward**|62,242| |**TOTAL FUNDS CARRIED**|| |**FORWARD**|87,023| continued... Page 8 Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 **Oswestry Muslim Centre** **Notes to the Financial Statements - continued for the Year Ended 31 October 2020** ## **5. COMPANY LIMITED BY GUARANTEE** Members of the charitable company guarantee to contribute an amount not exceeding £10 to the assets of the charitable company in the event of a winding up. The total number of such guarantees at 31 October 2020 was 3 (2019: 3). ## **6. TANGIBLE FIXED ASSETS** |**COST**
At 1 November 2019
Additions
At 31 October 2020
**NET BOOK VALUE**
At 31 October 2020
At 31 October 2019
**7.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**31.10.20**
**£**
Other debtors
**4,000**
**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**31.10.20**
**£**
Other creditors
**-**
Accrued expenses
**-**
**-**|Freehold
property
£
**85,588**
**62,932**
**148,520**
**148,520**
85,588
31.10.19
£
15,000
31.10.19
£
1,931
600
2,531| |---|---| continued... Page 9 Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 **Oswestry Muslim Centre** ## **Notes to the Financial Statements - continued for the Year Ended 31 October 2020** |**9.**|**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN**|**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN**|**ONE YEAR**|| |---|---|---|---|---| ||||**31.10.20**|31.10.19| ||||**£**|£| ||Other creditors||**27,000**|28,010| |**10.**|**MOVEMENT IN FUNDS**|||| ||||Net|| |||At|movement|At| |||1/11/19|in funds|31/10/20| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|**87,023**|**61,990**|**149,013**| ||**TOTAL FUNDS**|**87,023**|**61,990**|**149,013**| ||Net movement in funds, included in the above are as follows:|||| |||Incoming|Resources|Movement| |||resources|expended|in funds| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|**65,689**|**(3,699)**|**61,990**| ||**TOTAL FUNDS**|**65,689**|**(3,699)**|**61,990**| ||**Comparatives for movement in funds**|||| ||||Net|| |||At|movement|At| |||1/11/18|in funds|31/10/19| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|62,242|24,781|87,023| ||**TOTAL FUNDS**|62,242|24,781|87,023| continued... Page 10 Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 **Oswestry Muslim Centre** ## **Notes to the Financial Statements - continued for the Year Ended 31 October 2020** ## **10. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|29,323|(4,542)|24,781| |**TOTAL FUNDS**|29,323|(4,542)|24,781| |A current year 12 months and prior year 12 months combined position is as follows:|||| |||Net|| ||At|movement|At| ||1/11/18|in funds|31/10/20| ||£|£|£| |**Unrestricted funds**|||| |General fund|62,242|86,771|149,013| |**TOTAL FUNDS**|62,242|86,771|149,013| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|95,012|(8,241)|86,771| |**TOTAL FUNDS**|95,012|(8,241)|86,771| continued... Page 11 Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 **Oswestry Muslim Centre** ## **Notes to the Financial Statements - continued for the Year Ended 31 October 2020** ## **11. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 October 2020. Page 12 Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 **Oswestry Muslim Centre** |**Detailed Statement of Financial Activities**||| |---|---|---| |**for the Year Ended 31 October 2020**||| ||31.10.20|31.10.19| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|**55,689**|29,323| |Grants|**10,000**|-| ||**65,689**|29,323| |**Total incoming resources**|**65,689**|29,323| |**EXPENDITURE**||| |**Other trading activities**||| |Commission|**216**|-| |**Charitable activities**||| |Donation|**-**|36| |Rent|**340**|1,114| |Light and heat|**267**|-| |Insurance|**956**|-| |Telephone|**458**|-| ||**2,021**|1,150| |**Support costs**||| |**Governance costs**||| |Accountancy and legal fees|**600**|600| |Legal fees|**862**|2,767| |Bank Charges|**-**|25| ||**1,462**|3,392| |Total resources expended|**3,699**|4,542| |**Net income**|**61,990**|24,781| This page does not form part of the statutory financial statements Page 13 Doc ID: 11bf0c1f18668c92789e20d764d5f9981e2e56e0 Audit trail TITLE Oswestry Muslim Centre - Charity Accounts YE 31-10-2020 FILE NAME Oswestry Muslim C...YE 31-10-2020.PDF DOCUMENT ID 11bf0c1f18668c92789e20d764d5f9981e2e56e0 AUDIT TRAIL DATE FORMAT DD / MM / YYYY STATUS Completed **28 / 06 / 2021** Sent for signature to Mr Rukon Abdullah 18:37:30 UTC+1 (rukon1@btinternet.com) and Mr Shalim Uddin (shalim@sknservices.co.uk) from accounts@sknservices.co.uk IP: 62.232.114.2 **28 / 06 / 2021** Viewed by Mr Shalim Uddin (shalim@sknservices.co.uk) 19:00:13 UTC+1 IP: 213.205.242.185 **28 / 06 / 2021** Signed by Mr Shalim Uddin (shalim@sknservices.co.uk) 19:00:47 UTC+1 IP: 213.205.242.185 **14 / 07 / 2021** Viewed by Mr Rukon Abdullah (rukon1@btinternet.com) 21:02:32 UTC+1 IP: 81.156.250.43 **14 / 07 / 2021** Signed by Mr Rukon Abdullah (rukon1@btinternet.com) 21:07:03 UTC+1 IP: 81.156.250.43 **14 / 07 / 2021** The document has been completed. 21:07:03 UTC+1