REGISTERED CHARITY NUMBER: 1163467 ## IMAMIA COMMUNITY ASSOCIATION OF PETERBOROUGH TRUSTEES’ REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MAY 2021 ACCOUNTANT Mohammed Rangzeb B.A, AFA R & W Accountants 89 Priory Road Peterborough PE3 9EE ## _**IMMAIA COMMUNITY ASSOCIATION OF PETERBOROUGH**_ The trustees present their report with the accounts for the year ended 31 May 2021. Charity registration number: 1163467 ## _**Reference and administaration details:**_ _**Leagle Charity name:**_ IMAMIA COMMUNITY ASSOCIATION OF PETERBOROUGH _**The Charity is also known by it's operating name:**_ THE ASSOCIATION Operating address 57 ST MARTINS STREET PETERBOROUGH PE1 3BB Telephone number: 07500121901 Email address: info@imamiacommunity.org.uk The Trustees are all individuals ## **The trustee in office as at report approval date:** ABBAS ALI KARIM ASIF ABBAS SHERAZI MOHSIN ALI NABIL AHMED SHABBIR SYED KAMRAN HAIDER NAQVI ALI ALEEM NAQVI MUHAMMAD JEHANGHIR NAWAZ **The charity's relationships with related parties:** Bankers NATWEST, CATHEDRAL SQUARE, PETERBOROUGH, PE1 1XH Accountants R & W ACCOUNTANTS, 89 PRIORY ROAD, PETERBOROUGH, PE3 9EE Senior Accountant Mohammed Rangzeb B.A. AFA ## _**Leagle Structure of the Charity:**_ The charity is governed by it's governing document which is dated 18th August 2015 ## _**The Charity registaration and operation UK**_ The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with chaity number: 1163467 **Trustee Selection Methods** The trustees will be elected by The association members **The objects of the association are set out in the Charity's constitution:** - A) To further or benefit the residents of Peterborough and the neighbourhood, without any discrimination, by associating together with the said residents and the local authorities, and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents in accordance with the tenets of Muslim shia ithna asheri faith. - B) Establish, or secure the establishment of, a community centre (hereinafter called 'the centre') and to maintain and manage the same (whether alone or in co-operation with any local authority or other person or body) in furtherance of these objects. - C) Promote such other charitable purposes from time to time are determined. - D) To advance the Muslim religion in the city of Peterborough and elsewhere in accordance with the doctrines of Shia ithna-asheri faith. ## **Summary of main activities undertaked for furtherance of Charity's purpose for the public benefit:** The trustee are satisfied that In order to advance the charity's purpose the association has organised many educational talks in accordance to Shia ithna asheri faith. Furthermore organised social programmes, community coheasion programmes and raised fund to establish a community centre in the City Peterborough United Kingdom to furtherance of association's objects. The trustee has had regard to the Charity Commission's Guidance on public benefit in managing the activities of the Charity. ## **The degree to which the achievements and performance benefited the wider society:** The trustees are satisfied that considering the resources of the association so much has been achieved in terms of provision of educational events and community cohesion programmes for the benefit of wider society. ## **The Charity's financial position as at 31 May 2020** |Net Income
Restricted Funds Khums
Gift Aid Received
Total Funds
Unrestricted Revenue Funds available for the general
purposes of the charity|2021
2020
£
£
12643
71523
44840
94284
-
12194
8560
53400
106478
53400
106478| |---|---| ## **Financial review of the position at 31 May 2021** The trustees are satisfied with the charity's financial performance during the year. ## **Policies on reserves** The reserves are held in charity's reserves account ## **Availability and adequacy of assets of each of the funds** The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. ## Statement of Trustees's Responsibilites The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities act 2011 and the Charities (Accounts and reports) Regulations 2008. Notwithstanding the explicit requirment in the extant satatutory regulations, the charities (accounts and Reports) Regulations 2008, to prepare the financial statements in accotdance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the The trustees determined to interpret this responsibilty as requiring them to follow current best practice and prepare the accounts accordance to the FRS 102 SORP (Statement of recommended Practice for Accountaning and Reporting by the Charities) 2015 (as amended by the bulletein issued in February 2016) to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). select suitable accounting policies and apply them consistently; make judgements and 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 business; state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; ## Signed on behalf of the Board of Trustees SYED KAMRAN HAIDER NAQVI Signature …………………………….. Trustee Approved by the Board: 16th March 2022 INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES OF IMAMIA COMMUNITY ASSOCIATION OF PETERBOROUGH We report on the accounts for the year ended 31 May 2021 set out on pages 6 to 8. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity - Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. ## **Basis of independent examiner’s statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## **Independent examiners statement** In connection with my examination, no matter has come to my attention; 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; - and - to prepare accounts which accord with the accounting records and comply with - the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mohammed Rangzeb B.A, AFA R & W Accountants 89 Priory Road Peterborough PE3 9EE 16th March 2022 IMMAIA COMMUNITY ASSOCIATION OF PETERBOROUGH ## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2021 |**_INCOMING RESOURCES_**
**_Income & Endowments from:_**
Donations & Legacies
Grants & Gift Aid
Investment income
**_Total Income_**
**_RESOURCES EXPENDED_**
Fund Raising
Charitable activities
**_Charitable activities_**
**_Net Incomes for the year_**
**_Total Funds brought forward_**
**_Total funds carried forward_**|**Current year**
**Unrestricted**
**Funds**
2021
£
44824
8560
16|**Current year**
**restricted**
**Funds**
2021
-
-
-|**Current year**
**Total Funds**
**Prior Year**
**Unrestricted**
**Funds**
2021
2020
£
44824
96,323
8560
10,000
16
155
53,400
106,478
-
-
40757
34955
40757
34,955
12,643
71,523
232547
161024
245,190
232,547| |---|---|---|---| ||53,400|0|| ||-
40757|-
-|| ||40757|0|| ||12,643
232,547
245,190|0
-
0|| IMMAIA COMMUNITY ASSOCIATION OF PETERBOROUGH ## BALANCE SHEET AS AT 31 May 2021 |Notes
Notes
FIXED ASSETS
Intangible assets
CURRENT ASSETS
Debtors
Cash at bank and in hand
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR
2
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS: AMOUNTS FALLING
DUE AFTER MORE THAN
ONE YEAR
3
TOTAL ASSETS LESS LIABILITIES
FUNDS OF THE CHARITY
Unrestricted funds|2021
£
317789
-
108492
108,492
400
108,092
425,881
180691
245,190
245,190
245190|2020
£
317,789| |---|---|---| |||-
104972| |||104,972
888| |||104,084| |||421,873
189,326| |||232,547| |||232,547| |||232,547| SYED KAMRAN HAIDER NAQVI ## Trustee Approved by the Board: 16th March 2022 IMMAIA COMMUNITY ASSOCIATION OF PETERBOROUGH NOTES TO THE ACCOUNTS, 31 MAY 2021 ________________________________________________________________________ ## 1 ACCOUNTING POLICIES ## **Basis of accounting** The accounts have been prepared under the historical cost convention, and in accordance with the financial reporting standard 102, (effective 1st Jaunuary 2016) and FRS 102 SORP (Statement of recommended practice for accounting and reporting by Charities) 2015 (as amended by the bulletin issued in February 2016) published the the charities commission January 2016, and as modified by the revaluation of fixed assets in accordance with the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP 2005), and with the Financial Reporting Standard for Smaller Entities (effective April 2008) and with the Charities Act 1993. ## **Income** All income is accounted for as received by the charity. ## **Resources expended** Resources expended are included on an accruals basis. |2
Creditors amount falling due within one year
Other creditors
3
Bank Mortgage
Other Members Loans
Incomes & Expenditure account summary
Surplus after tax for the year
Creditors amount falling due
after one year|2021
2020
400
888
400
888
180691
189326
180691
189326
12,643
71,523| |---|---|