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2022-03-31-accounts

Alhidaya Croydon Reports and Accounts 31 March 2022

Registered number 1165713

Omega Accountants Ltd

19-23 Lower Addiscombe Road, Croydon, CR0 6PQ Tel: 0208 604 8860, Fax: 0208 604 8862

www.omegaaccountants.co.uk

Alhidaya Croydon Report and accounts Contents

Page
Company information 1
Trustees' report 2
Independent Examiner's report 3 - 4
Statement of Financial Activities (SOFA) 5
Income over expenses account 6
Balance sheet 7
Notes to the accounts 8 - 9
Detailed income over expenses account 10

Alhidaya Croydon Company Information

Trustees

Jahir Hussain Raja Hyder Ali Wazir Ali Mohamed Yoonus

Accountants

Omega Accountants Ltd 19-23 Lower Addiscombe Road Croydon CR0 6PQ

Charity registered number 1165713

Registered office 175 Brigstock Road Thornton Heath CR7 7JP

1

Alhidaya Croydon Registered number: 1165713 Trustees' Report

The trusteess present their report and accounts for the year ended 31 March 2022.

Principal activities

The charity's principal activity during the period was of advancement of the Islamic faith while promoting harmony and social cohesion among all communities.

Trustees

The following persons served as trustees during the year:

Jahir Hussain Raja Hyder Ali Wazir Ali Mohamed Yoonus

Small company provisions

This report has been prepared in compliance with FRS102 (SORP). This Charity is an unincorporated body.

This report was approved by the board on 16 May 2022 and signed on its behalf.

Jahir Hussain Trustee

2

Alhidaya Croydon Independent Accountant's Report

Report of the Independent Accountant to the trustees on the accounts of the Charity for the year ended 31 March 2022

We report on the accounts of the charity on pages 4 to 12 which have been prepared in accordance with the provisions of section 1A "Small Entities" of Financial Reporting Standard 102 (FRS102 SORP), Financial Reporting Standard applicable in the UK and the Companies Act 2006. Financial Statements have been prepared under the historical cost conventions. The accounts have been prepared on a Going Concern basis, the validity of which is dependended upon maintaining adequate reserve and support from the Members.

Respective responsibilities of directors and accountant

As described on page 5, the charity's trustees are responsible for the preparation of the accounts. The trustees consider that the audit requirement of Section 43(2) of the Charities Act 1993 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the charity is exempt from an audit under Section 477(2) of the Companies Act 2006. We have agreed to report whether particular matters have come to our attention, on the basis of the procedures specified in the General Directions given by the Charity Commissioners for England & Wales under Section 43(7)(b) of the Act, as they would apply to an unincorporated charity, but modified, where necessary, to meet the circumstances of an incorporated charity.

Basis of opinion

We planned and performed our examination so as to satisfy ourselves that the objectives of the independent examination are achieved and before finalising the report we obtain written assurances from the trustees of all material matters.

We conducted an examination in accordance with the General Directions given by the Charity Commissioners for England & Wales, as if the company were an unincorporated charity, except where those directions are not consistent with the incorporated status of the charity. Such an examination includes a detailed review of the accounting records kept by the Company and of the accounting systems employed by the Company and a comparison of the accounts with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the accounts comply with the Statement of Recommended Practice issued by the Charity Commissioners for England & Wales (effective April 2005), on a test basis, of evidence relevant to the amounts and disclosures in the accounts.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently we do not express an audit opinion on the view given by the accounts.

We planned and performed our examination so as to satisfy ourselves that the objectives of the independent examination are achieved and before finalising the report we obtain written assurances from the trustees of all material matters.

3

Independent Accountant's Statement, report and opinion

We have nothing to report in respect of the following matters where the Companies Act 2006 and the Charities Act 2011 require us to report to you if, in our opinion and subject to the limitations upon the scope of our work as detailed above , in connection with our examination , no matter has come to our attention :

1) which gives us reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 41 of the relevant Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met or

2) to which, in our opinion , attention should be drawn to enable a proper understanding of the accounts to be reached.

S F Reza, Licenced Independent Examiner

Omega Accountants Ltd

Reporting Accountants 19-23 Lower Addiscombe Road Croydon CR0 6PQ www.omegaaccountants.co.uk

Date upon which opinion is expressed is

16 May 2022

4

Alhidaya Croydon Statement of Financial Activities for the year ended 31 March 2022

Unrestricted Restricted Total Last Year
Funds Funds Funds Total Funds
Notes 2022 2022 2022 2021
£ £ £ £
Incoming resources
Incoming resources from generated funds
Donations 285,570 - 285,570 167,765
Incoming resources from charitable activities 285,570 - 285,570 167,765
Resources expended
Costs of generating funds
Staffing & associated costs 108,850 - 108,850 90,668
Costs of charitable activities 108,850 - 108,850 90,668
Governance costs
Other resources expended 55,937 - 55,937 28,583
Total resources expended 164,787 - 164,787 119,251
Net incoming resources
before transfers between funds 120,783 - 120,783 48,514
Gross transfers between funds - - - -
Net incoming resources before
Other recognised gains and losses 120,783 - 120,783 48,514
Net movement in funds 120,783 - 120,783 48,514
Reconciliation of funds - - - -
Total funds brought forward 825,163 - 825,163 776,649
Total Funds carried forward 3 945,946 - 945,946 825,163

5

Alhidaya Croydon Income and Expense Account for the year ended 31 March 2022

Notes
Income
Direct costs
Gross profit
Administrative expenses
Gift aids
Operating profit
Surplus from ordinary activities before taxation
Tax on surplus from ordinary activities
Surplus for the financial year
2022
£
285,570
(15,458)
270,112
(164,787)
24,289
129,614
129,614
-
129,614
2021
£
167,765
-
167,765
(119,251)
-
48,514
48,514
-
48,514

6

Alhidaya Croydon Balance Sheet as at 31 March 2022

Notes
Fixed assets
Tangible assets
2
Current assets
Debtors
3
Cash at bank and in hand
Creditors: amounts falling due
within one year
4
Net current assets
Total assets less current
liabilities
Creditors: amounts falling due
after more than one year
5
Net assets
Capital and reserves
Restricted
Unrestricted - designated
Unrestricted - general
Income and Expense Account
6
Members' funds
2022
£
Unrestricted
871,469
93,499
37,828
131,327
(13,819)
117,508
988,977
(34,200)
954,777
-
-
954,777
954,777
2021
£
Unrestricted
839,469
156,220
29,287
185,507
(72,813)
112,694
952,163
(127,000)
825,163
-
-
825,163
825,163

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.

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 in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

Jahir Hussain

Trustee Approved by the board on 16 May 2022

7

Alhidaya Croydon Notes to the Accounts

for the year ended 31 March 2022

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery

25% straight line

2 Tangible fixed assets

Cost
At 1 April 2021
Additions
At 31 March 2022
Depreciation
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
3
Debtors
Trade debtors
4
Creditors: amounts falling due within one year
Trade creditors
Other creditors
Other taxes and social security
2022
£
93,673
(174)
93,499
2022
£
2,280
11,539
13,819
Land and
buildings
£
839,469
32,000
871,469
-
871,469
839,469
2021
£
156,079
141
156,220
2021
£
1,265
71,548
72,813

8

Alhidaya Croydon Notes to the Accounts for the year ended 31 March 2022

5
Creditors: amounts falling due after one year
Other creditors Kardhal Hasana
6
Income and expneses account
At 1 April 2021
Profit for the year
At 31 March 2022
2022
£
34,200
2022
£
825,163
129,614
954,777
2021
£
127,000

9

Alhidaya Croydon Detailed Income and Expense Account for the year ended 31 March 2022

Income
Donations
Cost of sales
Ramadhan Costs
Administrative expenses
Employee costs:
Wages and salaries
Temporary staff and casual wages
Travel and subsistence
Premises costs:
Light and heat
General administrative expenses:
Stationery and printing
Subscriptions
Payments to external charities
Event
Repairs and maintenance
Legal and professional costs:
Accountancy fees
Other legal and professional
Other operating income
Gifts aids
2022
£
285,570
15,458
101,029
7,821
-
108,850
5,794
5,794
2,420
8,578
13,536
11,274
8,413
44,221
1,950
3,972
5,922
164,787
24,289
2021
£
167,765
-
80,263
9,579
826
90,668
5,625
5,625
1,108
-
11,192
2,483
3,350
18,133
1,950
2,875
4,825
119,251
-

10