## ﻣﺠﺘﻤﻊ ﺟﻌﻔﺮﻳﻪ ## JAFARIA SOCIETY TUSTEES ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 ## JAFARIA SOCIETY ## CHARITY INFORMATION ## FOR THE YEAR ENDED 31 MARCH 2024 ## CHARITY’S DETAILS **Charity Name** Jafaria Society **Charity Number** 11 63 212 ( England and Wales ) **Registered Office** 140 Ethel Street Newcastle upon Tyne NE4 8QA **Board of Trustees** Abbas Aboli Mohammed Asif Afshar Ahmad Ahmadi Mohamad Mehdi Hamzaie MOHAMMAD NAIM HOSSAINI KHANALI KHALEGI SAID ALI MUSAWI JAFFAR YUSEFI **Registered Bank** Lloyds **,** 102 Grey St Newcastle upon Tyne NE1 6AG **Independent Accountant Mia and Co** chartered certified accountant Beda House, Clough Dene Stanley, Co Durham DH9 9PN ## Trustees’ annual report ## for the year ended 31st of March 2024 The trustees present their annual report and financial statements for the year ended 31 of March 2024 and to confirm they comply with the charity’s laws and regulations. ## **Structure, governance and management** Jafaria Society and community centre is constituted as a charitable trust registered with the charity Commission on August 19[th] 2015, under charity number 1163212. It is governed by a deed of trust which is last updated in 2020. ## **Organizational structure** Jafaria Society’s Board made-up of a group of trustees and volunteers. The charity trustees are responsible for the general control and management of the charity. The trustees and the volunteers gave their time freely to manage the entire charity’s fair without receiving any financial means and benefits. The trustees’ board are divided into three subcommittees to manage and control the day-to-day business of the charity. They are: 1. Admin subcommittee 2. Finance subcommittee 3. Building subcommittee The charity board of trustees holds meeting every three months and this gives a chance to all subcommittees to report their works and to share their concerns about any issues may have been arisen. **Annual General meetings:** An Annual General Meeting (AGM) must be held in each calendar year to deal with the following businesses: 1. Receive the committees’ report and accounts for the previous year. 2. Elect new trustees and volunteers for the three subcommittees for the following year. 3. Deal with any other matter which the committee or members wish to raise. ## **The Aims and Objective** The aims and objective of the organisation are: - a. The relief of need amongst asylum seekers and refugees, living in the northeast of England through the provision of advice, information, educational services, support services, sporting activates, women activities and other assistance to assist their social and economic integrations into society. - b. To promote such other purposes, as may improve the quality of life of ethnic minorities and their integration as the committee may from time to time decide. ## **Membership** Jafaria Society is not a grant making charity but to cover its cost and sustain its financial needs, it offers membership voluntarily to the public who wishes to support the charity aims and objective and seeks grants from other charitable organisations from time to time. 1. Full membership is open to anyone aged 18 and over who wishes to support the aims and pay monthly subscription. Every full member has one vote at General Meetings. 2. A member may resign their membership at any time, but their subscription is nonrefundable. The committee has the right to terminate the membership of any member for good reason, but the member has the right to put their case to a committee meeting before a decision is made. ## **Activities and Services** Jafaria Society carries out wide range of activities which are in-line with the aims and objectives of the charity. **Standard Activities:** these activities are dropping sessions, running mother tongue classes for the children, celebrating Persian and Christian new year and national and cultural days **Religious activities:** Jafaria centre provides all the facilities and services needed for celebrating a few important nights (Qader nights) of the holy month of Ramazan and celebrate a few nights of the mourning month of Muharam. ## **Financial review and reserve policy** The financial subcommittee of Jafaria Society in cooperation with the rest of trustees reviews the reserve funds of the charity every three-month making sure that charity has got enough fund to run its day-to-day business at least for a year ahead. Trustees make sure that the members pay their monthly subscription and promote paying the membership by direct debit. Nearly 90 percent of our members have already been paying their bets online. As our community centre is not big enough for our members, we trustees have put a new policy for some times now to save money for the deposit of a bigger centre in future. ## **Statements of trustees ‘responsibilities** Jafaria Society trustees hold themselves accountable and responsible for preparing an annual report and financial statements in accordance with the applicable UK laws for charities and charity commission regulations. We trustees at Jafaria Society make sure to prepare financial statements for each year which gave a true and fair views of financial affairs of the charity, incoming resources and the application of these resources for the set periods. The trustees are responsible for keeping proper and accurate records of the financial position of the charity and making sure that the financial statements comply with the charities act. The trustees also responsible for safeguarding the assets of the charity and hence for taken responsible steps for the provision and detection of frauds and other irregularities. Small charity provisions This annual trustees’ repot has been prepared in accordance with the special provisions relating to small charity Act. Signed on behalf of board of trustees Mohammed Asif Afshar Main director Approved by the board of trustees on: 14 January 2025 ## **AFARIA SOCIETY (COMPANY NO: 08453082 ENGLAND AND WALES) DIRECTORS' REPORT** The directors present their report and accounts for the year ended 31 March 2024. ## **Directors** The following directors held office during the whole of the period: ABBAS ABOLI MOHAMMED ASIF AFSHAR AHMAD AHMADI MOHAMAD MEHDI HAMZAIE MOHAMMAD NAIMI HOSSAINI MOHAMMAD MUSSA KHAN HUSSAINI KHANALI KHALEGI SAID ALI MUSAWI JAFFAR YUSEFI ## **Statement of directors' responsibilities** The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Small company provisions** This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Signed on behalf of the board of directors ............................................................................ MOHAMMAD NAIMI HOSSAINI Director Approved by the board on: 30 November 2024 ## **JAFARIA SOCIETY INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2024** |**JAFARIA SOCIETY**
**INCOME STATEMENT**
**FOR THE YEAR ENDED 31 MARCH 2024**||| |---|---|---| |Administrative expenses
Other operating income
**Operating surplus**
**Surplus on ordinary activities before taxation**
Tax on surplus on ordinary activities
**Surplus for the financial year**|**2024**
**£**
(4,700)
25,603
20,903
20,903
-
20,903|**2023**
**£**
(4,474)
55,691| |||51,217| |||51,217
-| |||51,217| **Company Registration No. 08453082 (England and Wales)** **JAFARIA SOCIETY ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024** ## **JAFARIA SOCIETY ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS** ||**Page**| |---|---| |Company information|3| |Directors' report|4| |Accountants' report|5| |Income statement|6| |Statement of financial position|7| |Notes to the accounts|8| |Detailed profit and loss account|10| - 2 - **JAFARIA SOCIETY COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2024** **Directors** ABBAS ABOLI MOHAMMED ASIF AFSHAR AHMAD AHMADI MOHAMAD MEHDI HAMZAIE MOHAMMAD NAIMI HOSSAINI MOHAMMAD MUSSA KHAN HUSSAINI KHANALI KHALEGI SAID ALI MUSAWI JAFFAR YUSEFI **Company Number** 08453082 (England and Wales) **Registered Office** 140 Ethel Street Newcastle upon Tyne Tyne and Wear NE4 8QA England **Accountants** Miah & Co Chartered Certified Accountants Beda House Clough Dene Stanley Co Durham DH9 9PN - 3 - ## **JAFARIA SOCIETY (COMPANY NO: 08453082 ENGLAND AND WALES) DIRECTORS' REPORT** The directors present their report and accounts for the year ended 31 March 2024. ## **Directors** The following directors held office during the whole of the period: ABBAS ABOLI MOHAMMED ASIF AFSHAR AHMAD AHMADI MOHAMAD MEHDI HAMZAIE MOHAMMAD NAIMI HOSSAINI MOHAMMAD MUSSA KHAN HUSSAINI KHANALI KHALEGI SAID ALI MUSAWI JAFFAR YUSEFI ## **Statement of directors' responsibilities** The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Small company provisions** This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Signed on behalf of the board of directors ............................................................................ MOHAMMAD NAIMI HOSSAINI Director Approved by the board on: 30 November 2024 - 4 - ## **CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF JAFARIA SOCIETY FOR THE YEAR ENDED 31 MARCH 2024** In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Jafaria Society for the year ended 31 March 2024 as set out on pages 6 - 9 from the Company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. Miah & Co Chartered Certified Accountants Chartered Certified Accountants Beda House Clough Dene Stanley Co Durham DH9 9PN 30 November 2024 - 5 - ## **JAFARIA SOCIETY INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2024** |Administrative expenses
Other operating income
**Operating surplus**
**Surplus on ordinary activities before taxation**
Tax on surplus on ordinary activities
**Surplus for the financial year**|**2024**
**£**
(4,700)
25,603
20,903
20,903
-
20,903|**2023**
**£**
(4,474)
55,691| |---|---|---| |||51,217| |||51,217
-| |||51,217| - 6 - ## **JAFARIA SOCIETY STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2024** |**Notes**
**Fixed assets**
Tangible assets
4
**Current assets**
Debtors
5
Cash at bank and in hand
**Creditors: amounts falling due within one year**
6
**Net current assets**
**Net assets**
**Reserves**
7
Profit and loss account
**Members' funds**|**2024**
**£**
116,662
270
104,227
104,497
(250)
104,247
220,909
220,909
220,909|**2023**
**£**
116,662
270
83,324| |---|---|---| |||83,594
(250)| |||83,344| |||200,006| |||200,006| |||200,006| For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The financial statements were approved by the Board of Directors and authorised for issue on 30 November 2024 and were signed on its behalf by MOHAMMAD NAIMI HOSSAINI Director Company Registration No. 08453082 - 7 - **JAFARIA SOCIETY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024** ## **1 Statutory information** Jafaria Society is a private company, limited by guarantee, registered in England and Wales, registration number 08453082. The registered office is 140 Ethel Street, Newcastle upon Tyne, Tyne and Wear, NE4 8QA, England. ## **2 Compliance with accounting standards** The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard. ## **3 Accounting policies** The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. ## _**Basis of preparation**_ The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. ## _**Presentation currency**_ The accounts are presented in £ sterling. |**4**
**Tangible fixed assets**
**Cost or valuation**
At 1 April 2023
At 31 March 2024
**Depreciation**
At 31 March 2024
**Net book value**
At 31 March 2024
At 31 March 2023
**5**
**Debtors**
**Amounts falling due within one year**
Other debtors
**6**
**Creditors: amounts falling due within one year**
Trade creditors|**2024**
**£**
270
**2024**
**£**
250|**Land &**
**buildings**
**£**
At cost
116,662| |---|---|---| |||116,662| |||| |||-| |||116,662| |||116,662| |||**2023**
**£**
270| |||**2023**
**£**
250| - 8 - ## **JAFARIA SOCIETY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024** ## **7 Company limited by guarantee** The company is limited by guarantee and has no share capital.� Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1. ## **8 Average number of employees** During the year the average number of employees was 0 (2023: 0). - 9 - ## **JAFARIA SOCIETY DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024** This schedule does not form part of the statutory accounts. ||**2024**|**2023**| |---|---|---| ||**£**|**£**| |**Administrative expenses**||| |Light and heat|1,882|1,871| |Insurance|235|235| |Equipment expensed|-|100| |Repairs and maintenance|1,752|-| |Sundry expenses|581|2,018| |Accountancy fees|250|250| ||4,700|4,474| |**Other operating income**||| |Other operating income|25,603|55,691| |**Operating profit**|20,903|51,217| |**Profit on ordinary activities before taxation**|20,903|51,217| - 10 -