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|Contents||||
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||||Page|
||Legal and administrative|information||
||Trustees report||2-3|
||Independent
examiners|report||
||Statement offinancial activities|||
||Balance sheet|||
||Notes to the financial statements||7-19|
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||||The|Preston
Muslim Society - Quwwatul
Islam Masjid|Preston
Muslim Society - Quwwatul
Islam Masjid|Preston
Muslim Society - Quwwatul
Islam Masjid|Preston
Muslim Society - Quwwatul
Islam Masjid|Preston
Muslim Society - Quwwatul
Islam Masjid||Charity|Charity|No|(if|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||any)||||1158609||
||||||Annual|accounts||for|the|eriod|||||CC&7a|
||||Period start date|||01/01/2019|||To|Period||end date||i 31/03/2020||
|||||||||Restricted||||||||
|Recommended
categories
by activity|||Details ofown analysis||O
~|Unrestricted
funds
f||income
funds
f||Endowment
funds
f||||Total this
yearf|Last year
f|
|Incoming resources|(Note 3|||||F01|||F02||F03|||F04|F05|
|Incoming resources from||||||||||||||||
|generated
funds||||||||||||||||
|Voluntary
income|||||S01|289,632|||14,854|||||304,486|189,011|
|Activities for generating
funds||||||144|368|||||||144368|178663|
|Investment
income|||||||45|||||||45||
|Incoming resources
from||||||||||||||||
|charitable
activities|||||S04|||||||||||
|Other incoming resources||||Grants|S05|52|906|||||||52906||
||Totalincoming resources||||sos|486|951||14 854|||||501,805|367785|
|Resources expended|(No||tes|4-8||||||||||||
|Costs of Generating
Funds||||||||||||||||
|Costs ofgenerating
voluntary
income||||||131,378|||22,047|||||153,425|115,948|
|Fundraising
trading costs||||||||||||||||
|Investment
management
costs||||||||||||||||
|Charitable
activities|||||S10|100,500||||||||100,500|60,084|
|Governance
costs|||||S11|4|163|||||||4163|2300|
|Other resources
expended|||||S12|||||||||||
||Total resources expended||||sts|236|041||22 047|||||258088|178332|
|Netincomingl(outgoing)|resources before transfers||||S14|250|910|7193||||||243,717|189453|
|Gross transfers
between|||funds||S15|||||||||||
|Net incoming/(outgoing)|||resources before other|||||||||||||
|||recognised gains/(losses)|||sts|250|910|7193||||||243717|189453|
|Other recognised
gains/(losses)||||||||||||||||
|Gains and losses on revaluation||||of fixed assets for the||||||||||||
|charity's
own use|||||S17|||||||||||
|Funds transferred
from The
Charity Number 700936||Preston
Muslim Society,|||S18|-43,645||||||||-43,645|3373752|
|||Net movement
in funds|||s19|207 265||7193||||||200,072|3563205|
|Total funds brought|forward||||S20|2,173,796||43,645||1,345,764||||3,563,205||
||Total||funds carried forward||s21|2381061||36452||1|345764|||3763277|3563205|
||||e|~|A||4|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||esrce|||||
|||||||||Unrestricted|income|Endowment|Total this||Total last|
|||||||0Z||funds|funds|funds||year|year|
|Fixed assets||||||||F01|F02|F03||F04|F05|
|Tangible assets|(Note 9)|||||||2,387104||1,345764|3|732 868|3740 647|
|||||||802||||||||
|Investments|(Note 10)|||||||||||||
||Total fixed assets|||||||2,387,104||1,345,764|3,732,868||3,740,647|
|Current assets||||||||||||||
|Stock and work in progress||||||||||||||
|Debtors
(Note 11)||||||||4,167||||4,167|4709|
|(Short term) investments||||||||||||||
|Cash at bank and in hand||||||||199,988||||199,988|169,142|
|Total||current|assets|||||204,155||||204,155|173,851|
|Creditors: amounts
falling||due within||||||||||||
|one year
(Note 12)||||||810||29,246||||29,246|37793|
|Net current|assets/(liabilities)|||||e11||174,909||||174,909|136,058|
|Total assets less|current liabilities|||||812||2,562,013||1,345,764|3|907777|3,876,705|
|Creditors: amounts
falling||due after one||||||||||||
|year
(Note 12)||||||813||144,500||||144,500|313,500|
|Provisions for liabilities|and charges|||||814||||||||
|||Net|assets|||e16||2,417,513||1,345,764|3,763,277||3,563,205|
|Funds ofthe Charity||||||||||||||
|Unrestricted
funds||||||816||2,381,061|||2|381061|2,173,796|
|||||||817||||||||
|Restricted income funds|(Note 13)|||||816|||36,452|||36,452|43,645|
|Endowment
funds
(Note|13)|||||819||||1,345764|1|345764|1 345,764|
|||Total funds||||820||2,381,061|36,452|1,345,764|3,763,277||3,563,205|
|Signed
by one or two trustees
the trustees||on behalf||of all||||Signature||Print|Name||Date of
approval|
||||||||||||||05/1 1/2021|
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|Note 2||||Accounting
policies|Accounting
policies|Accounting
policies||||
|---|---|---|---|---|---|---|---|---|---|
|This standard list ofaccounting||||||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|ofincoming|||||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||giff to||
|gifts||||||which they relate.||||
|Contractual|income and|||||This is only included
in the SoFA once the related goods or services have been delivered.||||
|performance|related|grants||||||||
|Gitts in kind||||||Gifts in kind are accounted
for at a reasonable
estimate
actually realised.|oftheir value to the charity or the||amount|
|||||||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 ofthe service or facility received.||||
|Volunteer
help||||||The value of any voluntary
help received
is not included
trustees'
annual
report.|in the accounts but is described||in the|
|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 ofthe|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 ofthe preparation
and examination
ofstatutory
accounts, the costs oftrustee||||
|||||||meetings
and cost ofany 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 ofthe 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||These are capitalised
ifthey can be used for more than|one year, and cost at least F500. They|||
|by charity||||||are valued
at cost ora 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 ofcost or market value.||||
|POLICIES ADOPTED||||||||||
|ADDITIONAL|||TO OR|||||||
|DIFFERENT FROM|||THOSE|||||||
||||ABOVE|||||||
##
|Incoming|r|esources may|be furt|her analyse|dif
this|wou|ld h|elp the rea|der ofthe accou|nts.||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Anal|sis||This year
f|Last year|
|Unrestricted||income||Annual
Donations||||||161,569|169929|
|||||Jumma
Lillah Donations||||||14338|15,867|
|||||Nikhah
Donations||||||4973|500|
|||||Timetable|sales|||||100||
|||||Charitable|activities|||||5,000||
|||||Madrasah|students|fund||||14,035||
|||||Lancashire|Community||income|||5,000||
|||||Other donations||||||84617|2716|
||||||||||Total|289632|189011|
|Restricted||income||Funeral fund||||||14854||
||||||||||Total|14854||
|Activities|for generating||funds|Income from UK investment||||properties||144368|178663|
||||||||||Total|144368|178663|
|Investment||income||Bank interest receivable||||||45||
||||||||||Total|45||
|Incoming|resources from|||||||||||
|charitable|activities|||||||||||
||||||||||Total|||
|Other Income Resources||||Grant from|Local Government|||||52,906||
||||||||||Total|52906||
||||||||||Total Income|501,805|367,785|
|Resources|e|xpended|may be furthe|r|an|alys|ed
ifthis would
help t|he reader ofthe acco|unts.||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||This year|Last year|
||||||||Anal sis||||
|Costs ofgenerating|||Purchases||and|Direct Costs|||36611|18,194|
|voluntary|income||Staff costs||||||64,821|59456|
||||Utilities||||||25618|13,728|
||||Vehicle runnin|||costs||||1 535|
||||Re airs &|maintenance|||||9,677|8493|
||||Insurance||||||3270|2,104|
||||Tele hone||||||1059|968|
||||Other office||costs||||4,233|164|
||||Bank Char||es|and|interest||357|935|
||||De reciation||||||7779|10371|
|||||||||Total|153425|115,948|
|Fundraising||trading|||||||||
|costs|||||||||||
|||||||||Total|||
|Investment|||||||||||
|management||costs|||||||||
|||||||||Total|||
|Charitable|activities||Donations|-|Aid|4 Ummah|||1 500|37084|
||||Donations|-|Save our world||||15,000|20,000|
||||Donations|-|Imdadul||Muslimeen||35,600||
||||Donations|-|Fatima||Welfare||14500||
||||Donations|-|Other||||33900|3,000|
|||||||||Total|100500|60084|
|Governance||costs|Accountanc||||||4063|2000|
||||Le al &Professional||||||100|300|
|||||||||Total|4,163|2,300|
|||||||||Total Costs|258088|178332|
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||||||Fundraising|activity|Charitable|Activity|Governance|Activity|Total|Cost|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Su|ort|cost|t|e||||||||f|
|||||Total|||||||||
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|provided b
box(es).|y yourindepen|
dent
examiner orau|
ditor.
If|noth|ing
was paid p|lease enter NONEin|the appropriate|
|---|---|---|---|---|---|---|---|
|||||||This year|Last year|
|Independent|examiner's|or auditors' fees for|reporting|on|the|||
|accounts||||||4063|2000|
|Other fees|(for example:|advice, consultancy,|accountancy||services)|||
|paid to the|independent|examiner orauditor||||||
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|7.1 Staff C|osts||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||This year
f|Last year|
|Gross wages, salaries and benefits|||||in kind||||64,821|59,456|
|Employer's|National|Insurance costs|||||||||
|Pension costs|||||||||||
||||||||Total staff|costs|64,821|59,456|
|7.2Average number||of|full-time|equivalent||employees|in the year||This year
Number|Last year
Number|
|The parts ofthe charity|||in which the|||Fundraising|||||
|employees|work|||||Charitable|Activities||||
|||||||Governance|||||
|||||||Other|||||
|||||||||Total|||
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||||Freehold|land|Other land &|Plant,||Fixtures,|Payments|on|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||8 buildings||buildings|machinery|and|fitfings and|account|and||
|||||||motor vehicles||equipment|assets under|||
||||||||||construction|||
|Balance brought|forward||3,709,533|||||41,485|||3,751,018|
|Additions - Transfer The Preston||Muslim Society||||||||||
|Charity
Number|700936|||||||||||
|Revaluations||||||||||||
|Disposals
Transfers '||||||||||||
|Balance carried|forward||3,709,533|||||41,485|||3,751,018|
|9.2Accumulated|depreciation|and impairment|provisions|||||||||
|||Basis|SLor|RB|SLor RB|RB||RB|SLor RB|||
|||Rate||||25%||25%||||
|Balance brought|forward|||||||10,371|||10,371|
|Depreciation
charge for year||||||||7,779|||7,779|
|Impairment
provisions||||||||||||
|Revaluations||||||||||||
|Disposals||||||||||||
|Transfers*||||||||||||
|Balance carried forward||||||||18,150|||18,150|
|9.3Net book value||||||||||||
|Brought forward|||3,709,533|||||31,114|||3,740,647|
|Carried forward|||3,709,533|||||23,335|||3,732,868|
|9.4Revaluation||||||||||||
|Ifany fixed assets have been revalued please|||give details ofthe valuer and|||method ofvaluation||||||
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|Carrying
(market) value at beginning
ofyear||
|---|---|
|Add: additions
to investments
at cost transfer|from charity number 700936|
|Less: disposals at carrying
value||
|Add/(deduct):
net gain/(loss)
on revaluation||
|Carrying
(market) value at end ofyear||
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|10.3 A breakdown
of|10.3 A breakdown
of|the|income|fro|m|investments|agreeing
with SO|FA row S03|.|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Analysis ofinvestments|||||||||10.2|10.3||
||||||||||Market value at|Income from||
||||||||||year end|investments|for|
|||||||||||the year||
|Investment|properties|||||||||||
|Investments|listed on a recognised|||stock exchange or|||held in common|investment||||
|funds, open ended investment|||companies,|||unit trusts|orother collective|||||
|investment|schemes|||||||||||
|Investments|in subsidiary|or|connected||undertakings||and companies|||||
|Securities not listed on a||recognised||Stock Exchange||||||||
|Cash held as part ofthe investment||||portfolio||||||||
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|Please complete this noteift|Please complete this noteift|he charity has any d|ebtors or|re a ments.|re a ments.|||||
|---|---|---|---|---|---|---|---|---|---|
|Analysis ofdebtors||||Amounts
falling due
one year||within|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||||||4,709||||
|Prepayments|and accrued income|||4,167||||||
||||Total|4,167||4,709||||
##
||||||Amounts
falling due|Amounts
falling due|within|Amounts|falling due after|falling due after|
|---|---|---|---|---|---|---|---|---|---|---|
||||||one year|||more than||one year|
||||||This year|Last year
f||This year||Last year|
|Loans and overdrafts||||||||144,500||313,500|
|Trade creditors|||||1,236||||||
|Amounts|due to subsidiary||and associated|undertakings|||||||
|Other creditors|||||25,610||34,698||||
|Accruals|and deferred|income|||2,400||3,095||||
|||||Total|29,246||37,793|144,500||313,500|
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|Fund Name||orR|Purpose and Restrictions|
|---|---|---|---|
|Education Centre|PE||For Building 8 Development
of Education Centre|
|ofthe State||ent ofFinancial|Activities.||||||
|---|---|---|---|---|---|---|---|---|
||||Fund|||||Fund|
||||balances|||||balances|
||||brought|Incoming|Outgoing||Gains and|carried|
||||forward|resources|resources|Transfers|losses|forward|
|Fund names|||||||||
|New Building||Fund transfer|||||||
|from char'||number 700936|628,764|||||628,764|
|Education|Centre transfer||||||||
|from char'||number 700936|717,000|||||717000|
|||Total Funds|1,345,764|||||1,345,764|
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|parti|es|by the|cha|rity oranyi|nstitution|orcompany connected
with it.||
|---|---|---|---|---|---|---|---|
||||||||Amounts
paid or benefit value|
|Name|of|trustee|or|connected|party|Legal authority
(eg order,
governing
document)|This year
f
Last year|
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|||Name oftrustee or
connected
party|Name oftrustee or
connected
party|Legal authority|This year
Amount|Last year
owing|
|---|---|---|---|---|---|---|
||||||K||
|Due to trustees and|||||||
|related parties|||||||
|Due from trustees|and||||||
|related parties|||||||
|Name|ofthe|trustee or|||Description|ofthe|This year|Last year|
|---|---|---|---|---|---|---|---|---|
||related|art|Relationshi|to charit|transaction|s|||