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2025-10-31-accounts

THE £1 HOSPITAL (ONE POUND HOSPITAL) Charity Registration Number: 1162150 Company Registration Number : 13794357

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

REPORTING ACCOUNTANTS:

AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA TEL: 020 7790 6111

Page 1 of 61

THE £1 HOSPITAL (ONE POUND HOSPITAL)

FOR THE YEAR ENDED 31 OCTOBER 2025

CONTENTS Pages
Information of financial Statements : 3
Report of the Executive Committee : 4 - 5.
Statement of responsibilities of the Committee: 6
Independent Examiner's Report : 7
Income and Expenditure Accounts : 8
Statement of Assets and Liabilities : 10
Notes to the Accounts 11 -12.

Page 2 of 61

THE £1 HOSPITAL (ONE POUND HOSPITAL)

FOR THE YEAR ENDED 31 OCTOBER 2025

MANAGEMENT COMMITTEE

CHAIR PERSON Dr Mohammed Sanur Ali GENERAL SECRETARY M Ayas Miah TREASURER Md Serajul Islam ADDRESS 43 Ben Jonson Road London E1 4SA

Dr Mohammed Sanur Ali

BANKER LLOYDS BANK PLC

INDEPENDENT EXAMINER AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA TEL: 020 7790 6111

Charity's Trustees:

Dr Mohammed Sanur Ali M Ayas Miah Md Serajul Islam M Abul Hashem Shah Suhel Ameen

Page 3 of 61

THE £1 HOSPITAL (ONE POUND HOSPITAL)

REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 OCTOBER 2025

The trustees present their report and financial statements for the year ended 31 October 2025 The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities issued in 2005 in preparing the annual report and financial statements of the Charity.

Legal Status:

Company: Limited by guarantee, company number: 13794357 Charity: Registered with the Charity Commission, Charity Number: 1162150

Directors and their interest:

The following served as directors of the company during the year:

Dr Mohammed Sanur Ali M Ayas Miah M Serajul Islam M Abul Hashem Shah Suhel Ameen

Objects, Principal Activities and Organisation of the Charity

The Charity is constituted as a company limited by guarantee, and is therefore governed by a memorandum and articles of association AND

A Management Committee, the members of which are the trustees manages the affairs of the charity The Management Committee manages the business of the charity including the paying of all expenses.

The Charity's objects are for the benefit of the inhabitants of London, UK , and in Bangladesh in particular members of the Minority Ethnic Communities but exclusively who are in hardship by:

  1. The relief of sickness and the preservation of health among people residing permanently or temporarily in Sylhet, Bangladesh, throgh the provision of Hospital, Clinics and the necessary resources to allow for its effective operation.

  2. Advance education and to provide community services with the object of improving the quality of lives for the general public in East London

  3. The Charity continues to provide humanitarian assistance to the most vulnerable people

here in UK and in Bangladesh.

Page 4 of 61

THE £1 HOSPITAL (ONE POUND HOSPITAL)

REPORT OF THE EXECUTIVE COMMITTEE

FOR THE YEAR ENDED 31 OCTOBER 2025

Organisation:

A Management Committee, the members of which are both directors and trustees manages the affairs of the company and charity.

The Management Committee manages the business of the company and charity including the paying of all expenses.

Directors and shareholding

The directors do not have any shares in the company, the company being limited by guarantee.

Trustees:

Trustees, who are all members of the executive committee, and who served during the year are set out on page 3.

The trustees are elected at the Annual General Meeting, for membership of the Executive Committee and serve until the end of the next Annual General Meeting, where they can stand for re- election as members of the new Executive Committee.

Directors’ / Trustees responsibilities in relation to the financial statements

The directors are required by company law to prepare financial statements for each financial year which give a true and fair view of the financial activities of the charity and of its financial position at the end of that year. In preparing those financial statements the directors are required to:

The Trustees are responsible for preparing the Trustees Annual Report and the Financial Statements in accordance with applicable law and regulations and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the Trustees to prepare Financial Statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these Financial Statements, the Trustees are required to:

The Directors / Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the Financial Statements comply with the Charities Act 2011.

The Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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

VOLUNTEERS:

The Trustees wish to record their appreciation on behalf of the Charity and community for the volunteers who . assist in the smooth running of the Charity and are critical in helping to keeps the running costs down

RISK REVIEW:

The Trustees have conducted their own review of the major risks to which the Charity is exposed and steps have been initiated to minimise the identified risks. All functions of the Charity are subjected to periodic review resulting in a process of ongoing improvement.

All staff and volunteers are trained and have all the required statutory and regulatory clearances required.

Page 5 of 61

SERIOUS INCIDENTS AND EXCEPTIONS:

The Trustees are pleased to note, that there were no incidents which gave rise to the need for the Trustees to lodge a Serious Incident Report with the Charity Commission. Furthermore, there were no Exceptions recorded and which gave rise to the need for the Trustees to record on the Charity’s Exceptions’ Register.

RELATED PARTY TRANSACTIONS:

During the year the Charity was under the control of Trustees and Management Committee members as listed above.

This report, which has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 applicable to small companies.

INDEPENDENT EXAMINER

According to the provisions of the Charities Act 1993, the Committee has agreed that and audit is not required for this financial year. However due to provisions of the same act an independent examiner is required and AM Accountancy Services appointed as external Accountant or Independent Examiner.

Transaction and financial position

The Statement of Financial Activities shows net surplus for the year of £18,012 and our accumulated funds stand at £318,706 in total.

AM Accountancy Services carried out an independent examination of the accounts included in the report.

This report, which has been prepared in accordance with the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities issued in 2005.

Approved by the trustees and signed on its behalf by

This report was approved by the Executive Committee on and signed on their behalf.

……………………… Dr Mohammed Sanur Ali (Chair person) Date: 26/02/2026

…………………………..

Md Serajul Islam (Treasurer) Date: 26/02/2026

Page 6 of 61

Accountants’ Report

To the Trustees of

THE £1 HOSPITAL (ONE POUND HOSPITAL)

FOR THE YEAR ENDED 31 OCTOBER 2025

We report on the accounts for the year ended 31 October 2025 set out on pages 8 to 12 which have been prepared under the historical cost convention and the accounting policies set out in note 1 to the financial statements.

Respective Responsibilities of Trustees and Accountants

As described on page 5 the trustees are responsible for the preparation of the financial statements, and they consider that the trust is exempt from an audit. It is our responsibility to carry out procedures designed to enable us to report our opinion to you.

Basis of Opinion

We conducted our work in accordance with the Statement of Standards for Reporting Accountants, and so our procedures consisted of comparing the accounts with the accounting records kept by the charity, and making such limited enquiries of the trustees and officers as we considered necessary for the purpose of this report. These procedures provide only the assurance expressed in our opinion.

Opinion

In our opinion:

AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA

Date: 28/02/2026

Page 7 of 61

THE £1 HOSPITAL (ONE POUND HOSPITAL)

Statement of Financial Activities (Income & Expense Statement)

FOR THE YEAR ENDED 31 OCTOBER 2025

Notes
Incoming Resources
Building Project (Founder Members'/ Patrons' Donation)
Building Project (Room Donors' Donation)
All Other General Donations
Donations Via Gift Aid & Just Giving
Subscriptions/ Membrship fees
Zakath Donation (For Poor people)		 2025
Unrestricted
Restricted
Total
£
£
£
0
17,000
17,000
0
0
18,080
18,080
7,605
7,605
585
585
0
0		 2024
Total
£
37,000
0
20,394
13,105
610
Total Incoming Resources 26,270
17,000
43,270		 71,109
Resources Expended
Direct Charitable Expenditure
Printing, Postage and Stationeries
Telephone, fax and photocopies
Office Rent
Caretaker Expenses
Cost of Fundraising/ Paid to TV
Overseas Projects for Hospital Construction
Website and Marketing
Wages and Volunteer expenses
Events and activities (Project Costs/Donation)		 1,227
1,227
351
351
800
800
1,733
1,733
15,200
15,200
0
0
0
653
653
1,513
1,513
1,000
1,000		 1,193
301
10,450
0
0
2,161
0
Direct charitable expenditure 22,477
0
22,477		 14,105
Management & Administration Expenses:
Accountancy
Travelling and Transport
Website Hosting
Zoom costs
Management and Admin Costs
Just giving fees
Companies House
Depreciation
Bank and Credit Card Charges		 1,000
1,000
0
0
0
0
0
0
1,001
1,001
0
0
40
40
0
0
740
740		 1,000
0
0
0
0
0
40
0
689
Management & Administration Expenses: 2,781
0
2,781		 1,729
Total Resources Expended 25,258
0
25,258		 15,834
Net Incoming Resources /
(resources expended)
Net Movement funds for the
period:
Total Funds Brought forward		 1,012
17,000
18,012		 55,275
1,012
17,000
18,012
0
0
300,694		 55,275
245,419
Balance at 31 October 2025 1,012
17,000
318,706		 300,694

Page 8 of 61

THE £1 HOSPITAL (ONE POUND HOSPITAL)

Summary Income and Expenditure Account FOR THE YEAR ENDED 31 OCTOBER 2025

Notes
Total Income
Total expenditure
Net Surplus (Deficit) for the financial year		 2025
2024
£
£
43,270
71,109
25,258
15,834
18,012
55,275

There were no recognised gains other than those included in the Income and Expenditure Account for current year.

Page 9 of 61

THE £1 HOSPITAL (ONE POUND HOSPITAL)

Statement of Assets & Liabilities ( Balance Sheet) As at 31 October 2025

NOTE
Fixed Assets
Land and Buildings
2
Current Assets
Cash at Bank & in Hand
Current Liabilities
Amount falling due to one year
Accruals
4
Interest Free Loan
5
NET CURRENT ASSETS / (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
FUNDS: Brought Forward
6
Excess/(Deficit) of income over expenditure
Total Funds		 2025
£
270,858
60,213
-		 £
270,858
47,848
60,213
1,115
11,250
12,365
318,706
300,694
18,012
318,706

The financial statements were approved by the Executive Committee and signed on their behalf:

………………………….. …………………………… Dr Mohammed Sanur Ali Md Serajul Islam (Chair person) (Treasurer) Date: 26/02/2026

The Notes on pages 10 to 12 form part of the financial statements.

Page 10 of 61

THE £1 HOSPITAL (ONE POUND HOSPITAL)

FOR THE YEAR ENDED 31 OCTOBER 2025

NOTES TO THE ACCOUNTS

1. ACCOUNTING POLICIES

a. Basis of Accounting

Basis of accounting The Financial Statements have been prepared under the historical cost convention, as modified by the revaluation of certain fixed assets and investments measured at market value.

The Financial Statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), and the requirements of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) (SORP 2015).

b. Grants

Revenue grants are credited to the Income and Expenditure account on a receivable basis.

c. Donations

Donation are recorded on a receipt basis.

d. Incoming Resources

Voluntary income and donations are included in incoming resources when they are receivable, except when the donors specify that they must be used in future accounting periods or donors' conditions have not been fulfilled, then the income is deferred. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs.

e. Resources Expended

Resources expended are included in the Statement of Financial Activities on accruals basis, inclusive of any VAT that cannot be recovered.

Expenditure that is directly attributable to specific activities has been included in these cost categories. Where costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of those resources.

f. Going Concern Basis

The financial statements have been prepared on the going concern basis, as in the opinion of the trustees, there are no issues arising which would suggest any other basis as being more appropriate.

g. Administration Costs

Administration expenditure includes all expenditure not directly related to the charitable activity.

h. Depreciation:

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixture, Fitting and Equipment 15 % on Reducing Balance method Land and Building 0%

Page 11 of 61

THE £1 HOSPITAL (ONE POUND HOSPITAL)

FOR THE YEAR ENDED 31 OCTOBER 2025

NOTES TO THE ACCOUNTS

2.
3.
4.
5 .
6.		 FIXED ASSETS
COST
£
At 01 November 2024
Balance B/F
36,538
Additions
-
At 31 October 2025
36,538
DEPRECIATION
At 01 November 2024
-
Charge for the year
-
At 31 October 2025
-
NET BOOK VALUE
At 01 November 2024
36,538
At 31 October 2025
36,538
Net Surplus of the Financial Year
The excess of expenditure over income is stated after charging:
Accountants' remuneration
Depreciation
Creditors and Acruals
Telephone
Accountancy
Karje Hasana (Interest free loan)
Interest Free Loan
Funds/Capital
Balance at 31 October 2024
Balance at 1 November 2024
Excess/ (Deficit) of Income over Expenditure
Balance at 31 October 2025
Land and
Properties		 £
Land and
Properties		 Total
£
£
Building and
Construction
36,538
-		 -
-
234,320
270,858
-
-
36,538 234,320
270,858
-
-		 -
-
-
-
- -
-
36,538 234,320
270,858
36,538 234,320
270,858
2025
£
1,000
0
115
1,000
1,115
11,250
£
300,694
300,694
18,012
318,706

Page 12 of 61

Page 13of61

(a)

Include charity number: 1154529

CHARITABLE ACTIVITIES – COST – INCOME ETC CONTENTS:

  1. CHARITY INFORMTION:

  2. MEMBERS OF BOARD/TRUSTEES:

  3. TRUSTEES ANNUAL REPORT:

  4. STATEMENT OF FINANCIAL ACTIVITIES:

  5. BALANCE SHEET:

  6. NOTES TO ACCOUNTS:

TRUSTEES:

MRS. SAHRA MIRE - CHAIR MS.KHADRA EIGE MRS.AMINA ABDI MISS.SHERIHAN HASSAN MRS.MUNA ALI

CHARITIES ACTIVITIES AND REVIEW – PAGE 2

Income: PUBLIC DONATIONS

GIFT AID DONATIONS: Tax recovered under Gift Aid

Student Fee: Madrassah contributions

INCOME : Cupping income : £6000

TRUSTEE ANNUAL REPORT : Director Report: AUDIT EXEPT? THE COMPANY: THE CHARITY

ACCOUNTING POLICIES:

Basis of accounting The Financial Statements have been prepared under the historical cost convention, as modified by the revaluation of certain fixed assets and investments measured at market value.

The Financial Statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), and the requirements of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) (SORP 2015).

Fixed assets:

All fixed assets are initially recorded at cost.

Depreciation:

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Freehold property is maintained in a good state of repair with regular maintenance and refurbishment carried out when required. The difference between the residual value and the book value is not considered to be material, therefore no depreciation is provided.

STATEMENT OF RESPONSIBILITIES OF THE TRUSTEES:

The Trustees are responsible for preparing the Trustees Annual Report and the Financial Statements in accordance with applicable law and regulations and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the Trustees to prepare Financial Statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these Financial Statements, the Trustees are required to:

Select suitable accounting policies and then apply them consistently; Observe the methods and principles in the Charities SORP;

Make judgements and accounting estimates that are reasonable and prudent; Prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the Financial Statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.

Stocks:

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

VOLUNTEERS:

The Trustees wish to record their appreciation on behalf of the Charity and community for the volunteers who assist in the smooth running of the Charity and are critical in helping to keeps the running costs down.

RISK REVIEW:

The Trustees have conducted their own review of the major risks to which the Charity is exposed and steps have been initiated to minimise the identified risks. All functions of the Charity are subjected to periodic review resulting in a process of ongoing improvement. All staff and volunteers are trained and have all the required statutory and regulatory clearances required.

SERIOUS INCIDENTS AND EXCEPTIONS:

The Trustees are pleased to note, that there were no incidents which gave rise to the need for the Trustees to lodge a Serious Incident Report with the Charity Commission. Furthermore, there were no Exceptions recorded and which gave rise to the need for the Trustees to record on the Charity’s Exceptions’ Register.

PAGE 5: CHARITABLE ADMINISTRATION EXPENSES PAGE 6: THE TRUSTEES ARE SATISFIED

WAGES / SALARIES:

Particulars of employees:

The average number of employees during the year, calculated on the basis of paid staff, was as follows:

Education and administrative support staff: 9 part-time staff

General volunteers: 42

Administration functions are carried out by unpaid volunteers.

No employee received remuneration of more than £10,000 during this year.

RELATED PARTY TRANSACTIONS :

During the year the Charity was under the control of Trustees and Management Committee members as listed above.

None of the Trustee or management committee member were remunerated or paid any expenses. However, they used the facilities offered by the Charity for performance of their religious duties like other members of the Muslim community.

All staff wages/ salaries are paid with Madrassah contributions and not by any other donations, unless authorised by majority of trustees.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally en to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregat related to the category. Where costs cannot be directly attributed to particular headings they have been a to activities on a basis consistent with the use of resources

Objects, Principal Activities and Organisation of the Charity

The Charity is constituted as a company limited by guarantee, and is therefore governed by a memorandum and articles of association AND

The Charity's objects are for the benefit of the inhabitants of London Borough of Tower Hamlets, and in particular members of the Minority Ethnic Communities but exclusively who are in hardship by:

  1. TO DEVELOP THE CAPACITY, SKILLS AND EDUCATION OF THE MEMBERS OF THE DISADVANTAGED COMMUNITY IN TOWER HAMLETS, IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY AND HELP MEET THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY.

  2. ADVANCE EDUCATION AND TO PROVIDE COMMUNITY SERVICES WITH THE OBJECT OF IMPROVING THE QUALITY OF LIFE FOR THE GENERAL PUBLIC IN EAST LONDON

  3. TO ADVANCE THE ISLAMIC FAITH FOR THE BENEFIT OF THE PUBLIC IN TOWER HAMLETS IN PARTICULAR BUT NOT EXCLUSIVELY BY THE PROVISION OF A MOSQUE AND EDUCATION AND CULTURAL CENTRE.

To promote the benefits of the Bangladeshi inhabitants living in England and Bangladesh the following charitable purposes:

development of Islamic Educational Institutions.

Bangladesh by the provisias the trustees may from time to time determine

and practices of different religious faiths.

Changes to be made before finalising - change Treasurer from Amina Abdi to Sahra Mire

Objects, Principal Activities and Organisation of the Charity

The Charity is constituted as a company limited by guarantee, and is therefore governed by a memorandum and articles of association AND

The Charity's objects are for the benefit of the inhabitants of London Borough of Tower Hamlets, and in particular members of the Minority Ethnic Communities but exclusively who are in hardship by:

  1. TO DEVELOP THE CAPACITY, SKILLS AND EDUCATION OF THE MEMBERS OF THE DISADVANTAGED COMMUNITY IN TOWER HAMLETS, IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY AND HELP MEET THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY.

  2. ADVANCE EDUCATION AND TO PROVIDE COMMUNITY SERVICES WITH THE OBJECT OF IMPROVING THE QUALITY OF LIFE FOR THE GENERAL PUBLIC IN EAST LONDON

  3. TO ADVANCE THE ISLAMIC FAITH FOR THE BENEFIT OF THE PUBLIC IN TOWER HAMLETS IN PARTICULAR BUT NOT EXCLUSIVELY BY THE PROVISION OF A MOSQUE AND EDUCATION AND CULTURAL CENTRE.

ABERFELDY ISLAMIC CULTURAL CENTR Charity Registration Number: 1157888

TRUSTEES' REPORT AND FINANCIAL STATEM FOR THE YEAR ENDED 31 MARCH 2017

REPORTING ACCOUNTANTS:

AM ACCOUNTANCY SERVICES 78 BEN JONSON ROAD LONDON E1 3NN TEL: 020 7790 6111

ABERFELDY ISLAMIC CULTURAL CENTRE

FOR THE YEAR ENDED 31 MARCH 2017

CONTENTS

Legal and Administrative Information :
Report of Trustees :
Accountants' Report
Statement of Financial Activities :
Summary Income & Expenditure Account :
Balance Sheet :
Notes to the Accounts

ABERFELDY ISLAMIC CULTURAL CENTRE

Legal and Administrative Information FOR THE YEAR ENDED 31 MARCH 2017

CHARITY REGISTERED NUMBER:

1157888

EXECUTIVE COMMITTEE

CHAIR PERSON Mahbubul Alom GENERAL SECRETARY Mashuk Ahmed TREASURER Shamsul Hoque

ADDRESS 36 - 38 Aberfeldy Sreet Poplar London E14 0NU

BANKER Barclays Bank

INDEPENDENT EXAMINER

AM ACCOUNTANCY SERVICES 78 BEN JONSON ROAD LONDON E1 3NN TEL: 020 7790 6111

Charity's Trustees:

Mahbubul Alom

Chair Person

Muhibur Rahman Vice Chair Mashuk Ahmed General Secretary Mohammed Sufi Miah Assistant Secretary Shamsul Hoque Treasurer Md Nizam Ahmed Cultural & Education Secretary Mamun Ahmed Choudhury Press & Publicity Secretary Fozlur Rahman EC Member Rufa Miah EC Member

ABERFELDY ISLAMIC CULTURAL CENTRE REPORT OF THE MEMBERS OF THE EXECUTIVE COMMITTEE (TRUS FOR THE YEAR ENDED 31 MARCH 2017

The trustees present their report and financial statements for the year ended 31 March 2017. The Trustees have adopted the provisions of the Statement of Recommended Practice (SO Accounting and Reporting by Charities issued in 2005 in preparing the annual report and financial statements of the Charity.

Legal Status:

Charity: Registered with the Charity Commission, Charity Number: 115788

Objects, Principal Activities and Organisation of the Charity

The Charity's objects are for the benefit of the inhabitants of London Borough of Tower H in particular members of the Muslim Minority Ethnic Communities but exclusively who hardship by:

a) Relieving poverty, sickness and distress by through the provision of advice and informat

said inhabitants in need of such advice that may include welfare benefits, health and educ

Report of the Trustees

The Management Committee (who are also the Trustees) submits their report and financi for the year ended 31 March 2017.

Organisation:

A Management Committee, the members of which are trustees manages the affairs of the Management Committee manages the business of the charity including the paying of all e

Trustees:

Trustees, who are all members of the executive committee, and who served during the year are s page 3. The trustees are elected at the Annual General Meeting to serve as members of the Exec Committee until the next Annual Geeneral Meeting and to re-submit themselves for re-election as Executive Committee members.

Structure, Governance and Management

The charity is constituted by a constitution. It is governed by the regulation set out in the and run by a voluntary management committee.

The Management committee members are normally briefed by the Chairperson and the General S in order to familiarise themselves with the rules, regulations and responsibilities of the charity. The Management Committee meet regularly during the year to review the activities of the charity includ approval of the annual report and accounts as well as budgets, capital expenditure and to set out raising date for the charity. The day to day work of the charity is overseen by the Chairperson who responsible to and reports to the Management Committee. The Management Committee are awa potential risks to the charity, both financial and otherwise. Therefore, strategies are in place to con risks. Assessments have also been taking place relating to fire and health and safety. The Manag Committee is seriously looking into other risk areas such as operational, governance and complia law and regulations.

Achievement and Performance of the Association

The Management Committee is pleased to report an active and successful year. The Asso actively seeking to protect its financial security in order to continue to safeguard the ongo development of the Charity and its projects and services that it offers to the Muslim Mino Communities in the London Borough of Tower Hamlets.

Financial Review

The financial position of the Charity is portrayed in the accompanying Annual Accounts.

Statement of Trustees Responsibilities

Law applicable to clarities in England & Wales requires the Trustees to prepare financial statemen each financial year, which gives a true and fair view of the charity's financial activities during the y its financial position at the end of the year. In preparing those financial statements, the trustees ar required to:

The Trustees are responsible for keeping accounting records which disclose with reasonable acc position of the charity and enable them to ensure that the financial statements comply with the Ch responsible for safeguarding the assets of the charity and hence for taking reasonable steps for t fraud and other irregularities.

Reserve Policy

It is the policy of the charity that unrestricted funds, which have not been designated for a specific should be maintained at a level equivalent to its expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding. They will be able continue the charity's current activities while consideration is given to ways in which additional fun be raised. The Centre will actively work to achieve this level of reserves.

Risk Factors

The Trustees have assessed the major risks to which the charity is exposed, and are satisfied tha systems are in place to mitigate exposure to the major risks.

INDEPENDENT EXAMINER

According to the provisions of the Charities Act 1993, the Trustees agree that an audit is not However due to provisions of the same act an independent examiner is required.

AM Accountancy Services will be appointed as independent Examiner for the ensuring year.

The Management Committee approved the accounts on the 31 August 2017.

……………………… ……………………… ……………… Mahbubul Alom Mashuk Ahmed Shamsul Hoq (Chairperson) (General Secretary) (Treasurer) Date: Date: Date:

Zainab Abubakar Mohamed SEC SAHRA MIRE AHMED ABDIRASHID ARSHE FARDOUS YUSUF ADAM SHERIHAN HASSAN Amina Abdi

Accountants’ Report

To the Trustees of ABERFELDY ISLAMIC CULTURAL CENTRE

We report on the accounts for the year ended 31 March 2017 set out on pages 8 to 12 which have been prepared under the historical cost convention and the accounting policies set out in note 1 to the financial statements.

Respective Responsibilities of Trustees and Accountants

As described on page 5 the trustees are responsible for the preparation of the financial statements, and they consider that the trust is exempt from an audit. It is our responsibility to carry out procedures designed to enable us to report our opinion to you.

Basis of Opinion

We conducted our work in accordance with the Statement of Standards for Reporting Accountant and so our procedures consisted of comparing the accounts with the accounting records kept by charity, and making such limited enquiries of the trustees and officers as we considered necessar for the purpose of this report. These procedures provide only the assurance expressed in our opin

Opinion

In our opinion:

AM ACCOUNTANCY SERVICES 78 BEN JONSON ROAD LONDON E1 3NN

Date:

ABERFELDY ISLAMIC CULTURAL CENTRE Statement of Financial Activities For the year to 31 March 2017

Notes Unrestricted Restricted
£ £
Incoming Resources
Memebership fees
Income from Sales of Vegetables 85
Parents Contribution 6,588
Grant from HARCA 18,000
All Other General Donations 32,486 -
Nomination Fees 1,750
Total Incoming Resources 40,909 18,000
Resources Expended
Direct Charitable Expenditure
Printing, postage, stationery & Advetisement 2,225.00
Telephone, fax and photocopies
Rent, Rates and service charges 1,343.00 18,000
Light, Heat and Water 906.00
Refreshments
Cleaning 70.00
Wages 32,033.00
Events and activities 640.00
Direct charitable expenditure 37,217 18,000
Management & Administration
Accountancy 600
Bank charges
Insurance 79
CRB fee
Depreciation 2,422
Sundry 34.00
Repairs 1,325.00
Management & Administration 4460
Total Resources Expended 41,677 18,000
Net Incoming Resources / - 768
 -
(resources expended)
Net Movement funds for the - 768
 -
period:
Total Funds Brought forward 4,276
Balance at 31 March 2017

ABERFELDY ISLAMIC CULTURAL CENTRE

Summary Income and Expenditure Account For the year to 31 March 2017

Notes
Income
Total expenditure
Net Surplus (Deficit) for the financial year		 2017
£
58,909
59,677
-768

There were no recognised gains other than those included in the Income and Expenditure A current year.

2017
NOTE
£
Fixed Assets
Fixture, Fittings and Equipments
2
-
Current Assets
Cash at Bank & in Hand
47,874
Debtor (Grant receiveable from HARCA)
18,000
65,874
Current Liabilities
Amount falling due to one year
Accruals
4
18,801
NET CURRENT ASSETS / (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
ABERFELDY ISLAMIC CULTURAL CENTRE
Balance Sheet as at
Friday, March 31, 2017		 2017
NOTE
£
Fixed Assets
Fixture, Fittings and Equipments
2
-
Current Assets
Cash at Bank & in Hand
47,874
Debtor (Grant receiveable from HARCA)
18,000
65,874
Current Liabilities
Amount falling due to one year
Accruals
4
18,801
NET CURRENT ASSETS / (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
ABERFELDY ISLAMIC CULTURAL CENTRE
Balance Sheet as at
Friday, March 31, 2017		 2017
NOTE
£
Fixed Assets
Fixture, Fittings and Equipments
2
-
Current Assets
Cash at Bank & in Hand
47,874
Debtor (Grant receiveable from HARCA)
18,000
65,874
Current Liabilities
Amount falling due to one year
Accruals
4
18,801
NET CURRENT ASSETS / (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
ABERFELDY ISLAMIC CULTURAL CENTRE
Balance Sheet as at
Friday, March 31, 2017
65,874
18,801

5

FUNDS:

Excess/(Deficit) of income over expenditure

Total Funds

The financial statements were approved by the Executive Committee on 31 August 2017 and sign their behalf by:

………………………….. ………………………….. Mahbubul Alom Mashuk Ahmed (Chairperson) (General Secretary) Date: Date:

The Notes on pages 10 to 12 form part of the financial statements.

ABERFELDY ISLAMIC CULTURAL CENTRE

For the year to 31 March 2017 NOTES TO THE ACCOUNTS

1. Accounting Policies

1.1 Basis of Accounting

The financial statements have been prepared under the historical cost convention. The statements have been prepared in accordance with the statement of Recommended Pr Accounting and Reporting by Charities (SORP 2005)

1.2 Incoming Resources

Voluntary income and donations are included in incoming resources when they are rece except when the donors specify that they must be used in future accounting periods or conditions have not been fulfilled, then the income is deferred. The income from fundra is shown gross, with the associated costs included in fundraising costs.

1.3 Resources Expended

Resources expended are included in the Statement of Financial Activities on accruals inclusive of any VAT that cannot be recovered.

Expenditure that is directly attributable to specific activities has been included in these categories. Where costs are attributable to more than one activity, they have been app across the cost categories on a basis consistent with the use of those resources.

1.4 Going Concern Basis

The financial statements have been prepared on the going concern basis, as in the op trustees, there are no issues arising which would suggest any other basis as being mo appropriate.

1.5 Administration Costs

Administration expenditure includes all expenditure not directly related to the charitabl

as follows:

Fixtures, Fittings and Equipment

15%

2. FIXED ASSETS
COST
£
£
At 01 April 2016
-
Fixtures and fittings
16,151
Addition
-
-
At 31 March 2017
16,151
-
DEPRECIATION
At 01 April 2016
-
-
Charge for the year
2,422
-
At 31 March 2017
2,422
-
NET BOOK VALUE
At 01 April 2016
16,151
-
At 31 March 2017
13,729
-
ABERFELDY ISLAMIC CULTURAL CENTRE
For the year to 31 March 2017
NOTES TO THE ACCOUNTS
Fixtures, fittings
&
Improvements
Building and
Construction		 £
£
Fixtures, fittings
&
Improvements
Building and
Construction
-
16,151
-
-
16,151
-
-
-
2,422
-
2,422
-
16,151
-
13,729
-

3. Net Surplus of the Financial Year

The excess of expenditure over income is stated after charging:

Accountants' remuneration
Depreciation
4. Creditors and Acruals
Rent
Accountancy
PAYE
5. Funds/Capital
Balance at 31 March 2016
Balance at 1 April 2016
Excess/ (Deficit) of Income over Expenditure
Balance at 31 March 2017		 2017
£
600.00
2,422.00
18,000.00
600.00
201.00
18,801.00
2,017.00
£
61,570.00
61,570.00
-768.00
60,802.00

RE VIENTS

Pages 44 10-11

STEES)

ORP)

88

Hamlets, and are in

ion to the cation.

ociation is oing ority Ethnic

nt for year and of re

d practice nancial

nappropriate to

curacy at any time the financial harities Act 1993. They are also the prevention and detection of

c use,

e to nds may

at

required for this financial year. ue

e

y

ts, the ry nion.

harities;

specified

ear

planation

2017
Total
£
85
6,588
18,000
32,486
1,750
-		 2016
Total
£
4,980.0
10,410.0
18,000.0
30,535		 TOTAL
25457
33072
32,486
586
-
CASH
#REF!
invoice ttl
bank
cash
52,382
45,238
7,144
0
420
320
100
-
58,909 63,925
2,225
19,343
906
70
32,033
640		 1,538
18,000
1,960
158
33,448
300
55,217 55,404
600
79		 600
143
2,422
34
1,325		 2,850
652
4,245
982
-
59,649
-
4,276
61570
4,460
59,677
768
-
768
-
61,570
60,802

Account for

£

13,729 12144 7144
0
47,073
60,802

61,570 - 768 60,802

ned on

…………………………… Shamsul Hoque (Treasurer)

Date:

financial ractice,

eivable, donors' aising ventures basis, cost portioned pinion of the ore e activity. educing

£ - 16,151 - 16,151 - 2,422 2,422 16,151 13,729

27432 15500