2022-11-30-accounts

Registered number 08777439

STOCKPORT MUSLIM FOUNDATION LIMITED

Report and Accounts

30 November 2022

STOCKPORT MUSLIM FOUNDATION LIMITED Registered number: 08777439 Directors' Report

The directors present their report and accounts for the year ended 30 November 2022.

Directors

The following persons served as directors during the year:

YASAR ANWAR KAUSHAL MOHAMMAD KAZIM RAZA TAHIR JAMAL ABBASI WAQUAS ANWAR KAUSHAL HABIB AHMED MOHAMMED KHALIL

Small company provisions

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

This report was approved by the board on 29 November 2023 and signed on its behalf.

Yasar Anwar Kaushal Director

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STOCKPORT MUSLIM FOUNDATION LIMITED Profit and Loss Account for the year ended 30 November 2022

Turnover Cost of sales Gross profit Administrative expenses Other operating income Operating (loss)/profit (Loss)/profit before taxation Tax on (loss)/profit (Loss)/profit for the financial year	2022 £ 76,418 (6,000) 70,418 (88,631) 13,463 (4,750) (4,750) - (4,750)	2021 £ 53,021 (3,378) 49,643 (52,863) 12,267 9,047 9,047 - 9,047

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STOCKPORT MUSLIM FOUNDATION LIMITED Registered number: 08777439 Balance Sheet as at 30 November 2022

Notes Fixed assets Tangible assets 3 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Net assets Capital and reserves Profit and loss account Shareholders' funds	2022 £ 3,360 34,754 (4,575) 30,179 33,539 33,539 33,539	2021 £ 3,953 35,543 (1,207) 34,336 38,289 38,289 38,289

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Yasar Anwar Kaushal Director

Approved by the board on 29 November 2023

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STOCKPORT MUSLIM FOUNDATION LIMITED Statement of Changes in Equity for the year ended 30 November 2022

At 1 December 2020 Profit for the financial year At 30 November 2021 At 1 December 2021 Loss for the financial year At 30 November 2022	Share capital £ - - - -	Share premium £ - - - -	Re- valuation reserve £ - - - -	Profit and loss account £ 29,242 9,047 38,289 38,289 (4,750) 33,539	Total £ 29,242 9,047 38,289 38,289 (4,750) 33,539

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STOCKPORT MUSLIM FOUNDATION LIMITED Notes to the Accounts for the year ended 30 November 2022

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant and machinery

15% Reducing Balance

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

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STOCKPORT MUSLIM FOUNDATION LIMITED

Notes to the Accounts for the year ended 30 November 2022

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2 Employees Average number of persons employed by the company 3 Tangible fixed assets Cost At 1 December 2021 At 30 November 2022 Depreciation At 1 December 2021 Charge for the year At 30 November 2022 Net book value At 30 November 2022 At 30 November 2021 4 Creditors: amounts falling due within one year Other creditors	2022 Number 3 2022 £ 4,575	2021 Number 1 Plant and machinery etc £ 9,925 9,925 5,972 593 6,565 3,360 3,953 2021 £ 1,207

5 Other information

STOCKPORT MUSLIM FOUNDATION LIMITED is a private company limited by shares and incorporated in England. Its registered office is: 1st Floor, Mercury House 246 Finne

Heald Green Cheadle SK8 3QD

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STOCKPORT MUSLIM FOUNDATION LIMITED

Detailed profit and loss account for the year ended 30 November 2022

This schedule does not form part of the statutory accounts

Sales Cost of sales Gross profit Administrative expenses Other operating income Operating (loss)/profit (Loss)/profit before tax	2022 £ 76,418 (6,000) 70,418 (88,631) 13,463 (4,750) (4,750)	2021 £ 53,021 (3,378) 49,643 (52,863) 12,267 9,047 9,047

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STOCKPORT MUSLIM FOUNDATION LIMITED

Detailed profit and loss account for the year ended 30 November 2022

This schedule does not form part of the statutory accounts

Sales Donation Cost of sales Subcontractor costs Other direct costs Administrative expenses Employee costs: Wages and salaries Premises costs: Rent Rates Light and heat Cleaning General administrative expenses: Stationery and printing Bank charges Insurance Madrassa Expenses Repairs and maintenance Depreciation Sundry expenses Legal and professional costs: Accountancy fees Other legal and professional Other operating income Other operating income	2022 £ 76,418 2,000 4,000 6,000 29,173 29,173 26,611 3,186 2,667 53 32,517 500 394 874 19,646 2,944 593 1,198 26,149 792 - 792 88,631 13,463	2021 £ 53,021 368 3,010 3,378 24,376 24,376 10,998 3,018 1,607 176 15,799 175 360 838 5,650 200 698 220 8,141 947 3,600 4,547 52,863 12,267

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