| Contents ofthe Financial Statements |
|---|
| for the Year Ended 31March 2022 |
| Page | ||||
|---|---|---|---|---|
| Report of the Trustees | ||||
| Independent Examiner's |
Report | |||
| Statement of Financial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial | Statements | 5 | to | 8 |
| Detailed Statement ofFinancial Activities |
| Statement ofFinancial | Activities | |||
|---|---|---|---|---|
| for the Year Ended 31 | March 2022 | |||
| 31.3.22 | 31.3.21 | |||
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | ||||
| INCOME AND ENDOWMENTS FROM Donations and legacies |
128,351 | 442,517 | ||
| EXPENDITURE ON | ||||
| Charitable activities Donations and aid |
9,603 | 17,368 | ||
| Other | 30,667 | 12,570 | ||
| Total | ~40 270 | 29,938 | ||
| NET INCOME | 88,081 | 412,579 | ||
| RECONCILIATION OF FUNDS Total funds brought forward |
2,181,103 | 1,768,524 | ||
| TOTAL FUNDS CARRIED FORWARD | 2,269,184 | ~2181,103 |
| Balance Sheet 31March 2022 |
|||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Unrestncted | Total | ||
| fund | funds | ||
| Notes | |||
| FIXED ASSETS Tangible assets |
2,065,562 | 2,035,205 | |
| CURRENT ASSETS Cash at bank |
204,782 | 146,458 | |
| CREDITORS Amounts falling due within one year |
(1,160) | (560) | |
| NET CURRENT ASSETS | 203,622 | 145,898 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES |
2,269,184 | 2,181,103 | |
| NET ASSETS | 2,269,184 | ~2, 181 103 | |
| FUNDS Unrestricted funds |
~2269, 184 | 2,181,103 | |
| 2,269,184 | 2,181,103 |
| Tawheed Islamic Education Centre | Tawheed Islamic Education Centre | ofMaidenhead CIO |
|
|---|---|---|---|
| Notes to the Financial Statements | -continued | ||
| for the Year Ended 31March 2022 | |||
| 3. | COMPARATIVKS FOR | THE STATEMENT OF FINANCIAL ACTIVITIES | Unrestrtcted |
| fund | |||
| INCOME AND ENDOWMENTS FROM Donations and legacies |
442,517 | ||
| EXPENDITURE ON | |||
| Charitable activities Donations and aid |
17,368 | ||
| Other | 12,570 | ||
| Total | 29,938 | ||
| NKT INCOME | 412,579 | ||
| RECONCILIATION OF FUNDS Total funds brought forward |
1,768,524 | ||
| TOTAL FUNDS CARRIED FORWARD | 2,181,103 | ||
| 4. | TANGIBLE FIXED ASSETS | Freehold | |
| property | |||
| 8 | |||
| COST At 1 April 2021 Additions |
2,035,205 30,357 |
||
| At 31March 2022 | 2,065,562 | ||
| NET BOOK VALUE At 31March 2022 |
2,065,562 | ||
| At 31March 2021 | 2,035,205 |
| 5. | CREDITORS: AMOUNTS | CREDITORS: AMOUNTS | FALLING DUK | FALLING DUK | FALLING DUK | WITHIN ONK YEAR | 31.3.22 | 31.3.21 |
|---|---|---|---|---|---|---|---|---|
| Other creditors | 1,160 | 560 | ||||||
| 6. | MOVKMKNT | IN FUNDS | Net | |||||
| movement | At | |||||||
| At 1.4.21 | in funds | 31.3.22 | ||||||
| Unrestricted General fund |
funds | 2,181,103 | 88,081 | 2,269,184 | ||||
| TOTAL FUNDS | 2,181,103 | 88,081 | 2,269,184 | |||||
| Net movement | in funds, included | in the above | are as follows: | |||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted General fund |
funds | 128,351 | (40,270) | 88,081 | ||||
| TOTAL FUNDS | 128,351 | ~40,270) | 88,081 | |||||
| Comparatives | for movement | in | funds | |||||
| Net | ||||||||
| movement | At | |||||||
| At 1.4.20 | in funds | 31.3.21 | ||||||
| Unrestricted | funds | |||||||
| General fund | 1,768,524 | 412,579 | 2,181,103 | |||||
| TOTAL FUNDS | 1,768,524 | 412,579 | 2,181,103 | |||||
| Comparative | net movement | in | funds, included | in tbe above are as follows: | ||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted | funds | |||||||
| General fund | 442,517 | (29,938) | 412,579 | |||||
| TOTAL FUNDS | 442,517 | ~29,938) | 412,579 |
| A current yea | r 12months and prior year 12 |
months combined position is as follo | ws: | |
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 1.4.20 | in funds | 31.3.22 | ||
| Unrestricted General fund |
funds | 1,768,524 | 500,660 | 2,269,184 |
| TOTAL FUNDS | 1,768,524 | 500,660 | 2,269,184 |
| A current yea as follows: |
r 12months and prior year 12 |
months combined net movement in |
funds, included i |
n the above |
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| Unrestricted General fund |
funds | 570,868 | 170,208) | 500,660 |
| TOTAL FUNDS | 570,868 | ~70,208) | 500,660 |
| Detailed Statement of Financial ctiv'ties fhYEded31March2022 |
||
|---|---|---|
| or te ear | 31.3.22 | 31.3.21 |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies Donations Masjid building donations |
128,351 | 95,490 347,027 |
| 128,351 | 442,517 | |
| Total incoming resources |
128,351 | 442,517 |
| EXPENDITURE | ||
| Charitable activities Educational activities Grants to institutions |
9,603 | 5,000 |
| 9,603 | 5,000 | |
| Support costs | ||
| Management Rates and water Insurance Light snd heat Telephone Repair and renewals |
3,378 2,268 8,471 995 678 |
3,339 2,567 5,208 654 |
| 15,790 | 11,768 | |
| Other Wages Rent-Temporary premises |
14,277 | 12,070 500 |
| 14277 | 12,570 | |
| Governance costs Accountancy and legal fees |
600 | 600 |
| Total resources expended | 40,270 | 29,938 |
| Net income | ~88 081 | 412 579 |