The Charity Registration Number is :- 1167242
AYLESBURY VALE ISLAMIC CENTRE
Report and Accounts
31 March 2022
AYLESBURY VALE ISLAMIC CENTRE
Report and accounts for the year ended 31 March 2022
Contents
| Page | ||
|---|---|---|
| Charity information | 1 | |
| Trustees' Annual Report | 1 | |
| Statement of directors' responsibilities | 5 | |
| Independent Accountant's Report | 6 | |
| Funds Statements:- | ||
| Statement of Financial Activities | 8 | |
| Statement of Financial Activities - Prior Year statement | 9 | |
| Movements in funds | 10 | |
| Income and Expenditure account | 11 | |
| Summary of funds | 11 | |
| Balance sheet | 12 | |
| Cash flow statement | 13 | |
| Notes to the accounts | 14 |
AYLESBURY VALE ISLAMIC CENTRE Trustees' Annual Report for the year ended 31 March 2022
The Trustees present their Report and Accounts for the year ended 31 March 2022.
Reference and administrative details
The charity name.
The legal name of the charity is:- AYLESBURY VALE ISLAMIC CENTRE
The charity is also known by its operating name, Aylesbury Vales Islamic Centre
The charity's areas operation and UK charitable registration.
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1167242
Legal structure of the charity
The charity is constituted as a Charitable Incorporated Organisation (CIO) in England & Wales. The governing document of the charity is the constitution of the CIO as approved by the Charity Commission in England & Wales (CCEW) .
The Governing Document is dated 19 April 2016
There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.
The trustees are all individuals.
The principal operating address, telephone number, email and web addresses of the charity are:-
201 Prince Rupert Drive Aylesbury HP19 9DF
The Trustees in office on the date the report was approved were:-
Mr Amir Ilyas, Mr Rory Anthony Jason Collymore, and Mr Zahangir Allama.
1
AYLESBURY VALE ISLAMIC CENTRE
Trustees' Annual Report for the year ended 31 March 2022
The following persons served as Trustees during the year ended 31 March 2022 :-
Same as above.
Objects and activities of the charity
The purposes of the charity as set out in its governing document.
1) The advancement of Islamic religion. To our aim is to advance the pure teachings of the Islamic religion based on the understanding of the pious predecessors for the benefit of the public through many means including education (lectures, seminars, classes); and producing and distributing literature and sacred texts to enlighten others of the teachings.
2) To promote for the benefit of the inhabitants of Aylesbury the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, gender, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life.
The main activities undertaken in relation to those purposes during the year.
We have encouraged our community to raise money for good causes for those in desperate need of basis human necessities such as food/food and medicine for areas affected around the world and especially those affected by war and severe natural disasters.
The main activities undertaken during the year to further the charity's purpose for the public benefit.
-
Regular Friday sermon to the whole community of Aylesbury and the wider public - inviting speakers from local towns in the area.
-
Regular Saturday evening talks explaining key concepts of the religion to the community. We invite specialist speakers from the local area and invite the whole community to participate in these events.
-
Ramadan prayer every evening of Ramadan to the whole community of Aylesbury and the wider public
-
Two Eid prayers to the whole community of Aylesbury and the wider community
-
Raising money for international relief efforts for countries affected by natural disasters and war.
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
2
AYLESBURY VALE ISLAMIC CENTRE
Trustees' Annual Report for the year ended 31 March 2022
The main achievements and performance of the charity during the year.
We have worked tremendously hard this year to improve the quantity and quality of activities that we have provided to the local community and the wider Aylesbury public. All of our events are open to everyone in the community men, women, children from all faiths and backgrounds.
We have invited several speakers to Aylesbury from neighbouring towns for evening seminars to educate the community on several important matters pertaining to the worship of God, prayers, charity, ensuring we are law abiding good citizens of the UK and of our own town, talking about being well-mannered and kind members of the society, as Islam teaches us to show kindness and generosity to not our family members but also to ur neighbours and community. Members of our own organization have performed the Friday sermons and events such as Eid prayer, collections for good causes and bi-weekly seminars.
Fundraising activities during the year.
The charity relies on grant aid from the donors identified in the accounts , whose support is valued. There have been no other fundraising activities.
The difference the charity's performance during the year has made to the beneficiaries of the charity.
We have out extra focus on combatting terrorism and explaining the dangers of these evil thoughts, social grooming and exposing the individuals and groups engaged in this activity as these extreme ideologies have nothing to do with the religion of Islaam as the word Islaam comes from the Arabic root word salaam which means peace.
The degree to which the achievements and performance during the year have benefited wider society.
At the end of this year we have attendees to our events from Aylesbury and other local areas that come from all over the world including many countries in Europe, Africa and Asia. We have facilitated the interaction of these multiple communities, building stronger communities and understanding among these diverse groups.
The significant charitable activities undertaken in the year.
-
We had Friday jummah collections at various mosques across the UK.
-
We did our AVIC two fundraisers organised by sisters for sisters only.
-
AVIC fundraisers where we sold cakes and box of dozen krispy kreme donuts.
-
Local businessmen donating and giving long term loans.
-
Local community members donating and giving loans.
-
Donations coming from community members from the towns and cities we visited in the last year.
3
AYLESBURY VALE ISLAMIC CENTRE
Trustees' Annual Report for the year ended 31 March 2022
Financial review
The charity's financial position at the end of the year ended 31 March 2022
The financial position of the charity at 31 March 2022 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
| Restricted Revenue Funds Total Funds Net income Unrestricted Revenue Funds available for the general purposes of the charity |
2022 £ 157,446 340 434,766 435,106 |
2021 £ 130,177 5,318 282,342 287,660 |
|---|---|---|
Financial review of the position at the reporting date, 31 March 2022 .
The trustees consider the financial performance by the charity during the year to have been satisfactory.
Policies on reserves.
The Aylesbury Vale Islamic Centre's (AVIC) policy is to maintain an appropriate level of capital reserves designed to secure the long term sustainability of the organisation and enable it to meet its financial obligations as and when they fall due without prejudicing the ability of AVIC to raise funding and commit expenditure to its objectives.
Details of The Independent Examiner
Imran Asif FCCA
Chartered Certified Accountant
Birchtree Sullivan Office 6, 58 Marsh Wall Canary Wharf London E14 9TP
4
AYLESBURY VALE ISLAMIC CENTRE
Trustees' Annual Report for the year ended 31 March 2022
Statement of Trustees' Responsibilities
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 requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), .
In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-
-
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;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. 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.
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
This report was approved by the board of trustees on 14 November 2022.
Mr Zahangir Allama Trustee
5
AYLESBURY VALE ISLAMIC CENTRE
Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 March 2022
I report to the Trustees on my examination of the financial statements of the charity on pages 8 to 22 for the year ended 31 March 2022 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 14.
Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report
As described on page 5, you, the charity's Trustees, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.
The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-
a) examine the financial statements of the charity under Section 145 of the Act;
b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.
Basis of Independent Examiner's Statement and scope of work undertaken
I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, 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 charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.
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 does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide
Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
6
AYLESBURY VALE ISLAMIC CENTRE
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.
Independent Examiner's Statement, Report and Opinion
Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-
This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;
and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-
accounting records were not kept in respect of the charity as required by with Section 130 of The Charities Act 2011;
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;
have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Signed:-
Imran Asif FCCA - Independent Examiner
Chartered Certified Accountants
Office 6 58 Marsh Wall Canary Wharf London E14 9TP
This report was signed on 14 November 2022
7
AYLESBURY VALE ISLAMIC CENTRE - Statement of Financial Activities for the year ended 31 March 2022
Statement of Financial Activities for the year ended 31 March 2022
| Current year Unrestricted Funds 2022 £ Income & Endowments from: Donations & Legacies A1 47,416 Expenditure on: Raising funds B1 8,450 Charitable activities B2 43,944 Total expenditure B 52,394 Net income for the year (4,978) Net income after transfers A-B-C (4,978) (4,978) Reconciliation of funds:- E Total funds brought forward 5,318 Total funds carried forward 340 SORP Ref Net movement in funds |
Current year Restricted Funds 2022 £ 162,424 - - - 162,424 162,424 162,424 282,342 444,766 |
Current year Total Funds 2022 £ 209,840 8,450 43,944 52,394 157,446 157,446 157,446 287,660 445,106 |
Prior Year Total Funds 2021 £ 141,615 8,381 3,057 11,438 130,177 130,177 130,177 157,483 287,660 |
|---|---|---|---|
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.
All activities derive from continuing operations
The notes attached on pages 14 to 22 form an integral part of these accounts.
8
AYLESBURY VALE ISLAMIC CENTRE - Statement of Financial Activities for the year ended 31 March 2022
AYLESBURY VALE ISLAMIC CENTRE - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP
| Income from: Donations & Legacies A1 Total income A Expenditure on: Raising funds B1 Charitable activities B2 Total expenditure B Net income for the year Net income after transfers Reconciliation of funds:- E Total funds brought forward Total funds carried forward Net movement in funds SORP Ref |
Prior Year Unrestricted Funds 2021 £ - - 8,381 3,057 11,438 (11,438) (11,438) (11,438) 16,756 5,318 |
Prior Year Restricted Funds 2021 £ 141,615 141,615 - - - 141,615 141,615 141,615 140,727 282,342 |
Prior Year Total Funds 2021 £ 141,615 141,615 8,381 3,057 11,438 130,177 130,177 130,177 157,483 287,660 |
|---|---|---|---|
All activities derive from continuing operations
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.'
The notes attached on pages 14 to 22 form an integral part of these accounts.
9
AYLESBURY VALE ISLAMIC CENTRE - Statement of Financial Activities for the year ended 31 March 2022
AYLESBURY VALE ISLAMIC CENTRE - Resources applied in the year ended 31 March 2022 towards fixed assets for Charity use:-
| 2022 £ Funds generated in the year as detailed in the SOFA 157,446 Resources applied on functional fixed assets (376,956) Net resources available to fund charitable activities (219,510) The notes attached on pages 14 to 22 form an integral part of these accounts. |
2021 £ 130,177 (305,811) (175,634) |
|---|---|
Movements in revenue and capital funds for the year ended 31 March 2022
Revenue accumulated funds
| Unrestricted Restricted Funds Funds 2022 2022 £ £ Accumulated funds brought forward 5,318 282,342 (4,978) 162,424 340 444,766 Closing revenue funds 340 444,766 Summary of funds Unrestricted Restricted and Funds Designated funds 2022 2022 £ £ Revenue accumulated funds 340 444,766 Recognised gains and losses before transfers |
Total Funds 2022 £ 287,660 157,446 445,106 445,106 Total Funds 2022 £ 445,106 |
Last year Total Funds 2021 £ 157,483 130,177 287,660 287,660 Last Year Total Funds 2021 £ 287,660 |
|---|---|---|
The notes attached on pages 14 to 22 form an integral part of these accounts.
10
AYLESBURY VALE ISLAMIC CENTRE - Statement of Financial Activities for the year ended 31 March 2022
AYLESBURY VALE ISLAMIC CENTRE
Income and Expenditure Account for the year ended 31 March 2022 as required by the Companies Act 2006
| 2022 £ Income 209,840 Gross income in the year before exceptional items 209,840 Gross income in the year including exceptional items 209,840 Expenditure Charitable expenditure, excluding depreciation and amortisation 43,344 Fundraising costs 8,450 Governance costs 600 Realised losses on disposals of social investments which are programme related - Total expenditure in the year 52,394 157,446 Tax on surplus on ordinary activities - 157,446 Retained surplus for the financial year 157,446 All activities derive from continuing operations Net income after tax in the financial year Net income before tax in the financial year Investment income Income from operations |
2021 £ 141,615 141,615 141,615 2,457 8,381 600 - 11,438 130,177 - 130,177 130,177 |
|---|---|
In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.
The notes attached on pages 14 to 22 form an integral part of these accounts.
11
AYLESBURY VALE ISLAMIC CENTRE - Balance Sheet as at 31 March 2022
| SORP | ||||||
|---|---|---|---|---|---|---|
| Note | Ref | 2022 | 2021 | |||
| £ | £ | |||||
| Fixed assets | A | |||||
| Tangible assets | 6 | A2 | 682,767 | 305,811 | ||
| Current assets | B | |||||
| Cash at bank and in hand | B4 | 22,054 | 115,564 | |||
| Creditors: amounts falling due within | ||||||
| one year | 7 | C1 | (1,200) | (1,200) | ||
| Net current assets | 20,854 | 114,364 | ||||
| Total assets less current liabilities | 703,621 | 420,175 | ||||
| Creditors: amounts falling due after more | ||||||
| than one year | 8 | C2 | (268,515) | (132,515) | ||
| The total net assets of the charity | 435,106 | 287,660 | ||||
| The total net assets of the charity are funded | by the | funds of the | charity, as follows:- | |||
| Restricted funds | ||||||
| Restricted Revenue Funds | 13 | D2 | 434,766 | 282,342 | ||
| Unrestricted Funds | ||||||
| Unrestricted Revenue Funds | 13 | D3 | 340 | 5,318 | ||
| Designated Funds | ||||||
| Total charity funds | 435,106 | 287,660 |
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.
The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 7.
The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
Mr Zahangir Allama
Trustee Approved by the board of trustees on 14 November 2022
The notes attached on pages 14 to 22 form an integral part of these accounts.
12
AYLESBURY VALE ISLAMIC CENTRE
Cash Flow Statement for the year ended 31 March 2022
| Cash flows from operating activities Net cash provided by operating activities as shown below A Cash flows from investing activities Purchase of property, plant and equipment Cash flows from financing activities |
2022 £ 293,446 (376,956) |
2021 £ 187,872 (305,811) |
|---|---|---|
| Net cash provided by financing activities C Overall cash used in all activities Cash movements Change in cash and cash equivalents from activities in the year ended 31 March 2022 Cash and cash equivalents at 1 April 2021 Prior Year Adjustment (Re Qard e Hasna) AYLESBURY VALE ISLAMIC CENTRE Cash Flow Statement for the year ended 31 March 2022 Net income as shown in the Statement of Financial Activities Adjustments for :- Write downs of investments Net losses on investment assets Increase in creditors, excluding loans Net cash provided by operating activities A Analysis of cash and cash equivalents Cash in hand at for the year ended 31 March 2022 Notice deposits - (less than 3 months) Total cash and cash equivalents A+B+C Reconciliation of net income to net cash flow from operating Cash at bank and in hand less overdrafts at 31 March |
- (83,510) (83,510) 115,564 (10,000) 22,054 - Continued 157,446 - - 136,000 293,446 2022 £ 22,054 - 22,054 activities |
- (117,939) (117,939) - - (117,939) 130,177 - - 57,695 187,872 2021 £ 115,564 - 115,564 |
13
AYLESBURY VALE ISLAMIC CENTRE
Notes to the Accounts for the year ended 31 March 2022
1 Accounting policies
Policies relating to the production of the accounts.
Basis of preparation and accounting convention
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 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), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the char
2 Liability to taxation
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
3 Winding up or dissolution of the
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
4 The contribution of volunteers
The charity depends on the support of its volunteers, which is much appreciated. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements.
5 Remuneration and payments to Trustees and persons connected with them
No trustees or persons connected with them received any remuneration from the charity, or any related entity.
14
AYLESBURY VALE ISLAMIC CENTRE
Notes to the Accounts for the year ended 31 March 2022
- 6 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 7 Creditors: amounts falling due within one year Accruals 8 Creditors: amounts falling due after one year Other creditors 9 Revaluation reserve At 1 April 2021 Prior Year Adjusment (Re: Qard e Hasna) At 31 March 2022 |
Land and Buildings £ 305,811 376,956 682,767 - 682,767 305,811 Current year Unrestricted Funds 2022 £ - (10,000) (10,000) |
Plant & Machinery £ - - - - - - Current year Restricted Funds 2022 £ - - - |
Motor Vehicles £ - - - - - - 2022 £ 1,200 2022 £ 268,515 Current year Total Funds 2022 £ - (10,000) (10,000) |
Total £ 305,811 376,956 682,767 - 682,767 305,811 2021 £ 1,200 2021 £ 132,515 Prior Year Total Funds 2021 £ - - - |
|---|---|---|---|---|
15
AYLESBURY VALE ISLAMIC CENTRE
Notes to the Accounts for the year ended 31 March 2022
10 Income and Expenditure account summary
| Income and Expenditure account summary At 1 April 2021 Transfers out for the year At 1 April 2021 Surplus after tax for the year At 31 March 2022 |
2022 £ 287,660 (10,000) 277,660 157,446 435,106 |
2021 £ 157,483 - 157,483 130,177 287,660 |
|---|---|---|
11 No related party transactions
There were no transactions with related parties in the year, apart from 2 individual donations made by the trustees to the charity.
12 Particulars of how particular funds are represented by assets and liabilities
| At 31 March 2022 Tangible Fixed Assets Current Assets Current Liabilities Long Term Liabilities At 1 April 2021 Tangible Fixed Assets Current Assets Current Liabilities Long Term Liabilities |
Unrestricted funds £ 376,956 (88,192) (1,200) (136,000) 151,564 Unrestricted funds £ 305,811 (101,183) (1,200) (57,515) 145,913 |
Designated funds £ - - - - - Designated funds £ - - - - - |
Restricted funds £ 305,811 110,246 - (132,515) 283,542 Restricted funds £ - 216,747 - (75,000) 141,747 |
Total Funds £ 682,767 22,054 (1,200) (268,515) 435,106 Total Funds £ 305,811 115,564 (1,200) (132,515) 287,660 |
|---|---|---|---|---|
13 Change in total funds over the year as shown in Note 12 , analysed by individual funds
| Unrestricted and designated funds:- Unrestricted Revenue Funds Total unrestricted and designated funds |
£ 5,318 5,318 Funds brought forward from 2021 |
See Note 14 £ (4,978) (4,978) Movement in funds in 2022 |
See Note 0 £ - - Transfers between funds in 2022 |
£ 340 340 Funds carried forward to 2023 |
|---|---|---|---|---|
16
AYLESBURY VALE ISLAMIC CENTRE
Notes to the Accounts for the year ended 31 March 2022
Restricted funds:-
| Restricted Revenue Funds Total restricted funds Total charity funds |
434,766 - 5,318 |
162,424 162,424 157,446 |
- - - |
597,190 162,424 162,764 |
|---|---|---|---|---|
14 Analysis of movements in funds over the year as shown in Note 13
| Unrestricted and designated funds:- Unrestricted Revenue Funds Restricted funds:- Restricted Revenue Funds |
Income 2022 £ 47,416 162,424 209,840 |
Expenditure 2022 £ (52,394) - (52,394) |
Other Gains & Losses 2022 £ - - - |
Movement in funds 2022 £ (4,978) 162,424 157,446 |
|---|---|---|---|---|
Gains and losses are detailed in notes 0,0, 0, 0 and 0
15 The purposes for which the funds as detailed in note 13 are held by the charity are:-
Unrestricted and designated funds:-
Unrestricted Revenue Funds
Unrestricted Revaluation Reserve Designated Fixed Asset Funds
These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.
This fund represents the unrestricted surplus arising on the revaluation of the charity's assets.
The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'.
Restricted funds:-
Restricted Fixed Asset Funds Restricted Revaluation Reserve
The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'. This fund represents the restricted surplus arising on the revaluation of the charity's assets.
16 Ultimate controlling party
The charity is under the control of its legal members.
17
AYLESBURY VALE ISLAMIC CENTRE
Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015
This analysis is classsified by conventional nominal descriptions and not by activity.
| 17 Donations and Legacies Current year Unrestricted Funds 2022 £ Donations and gifts from individuals 23,455 - - - - - 23,455 Revenue grants from government and public bodies 23,961 23,961 Revenue grants and donations from non public bodies - - - - - Total Donations and Legacies A1 47,416 Small donations individually less than £1000 Small grants individually less than £1000 Total donations and gifts from individuals S Mughal Express Travel S Khan Mohammed Shafi R khan Miscellaneous Total public sector revenue grants AAI Investments Ltd Total private sector revenue grants Red Rose Travel Ltd Gift Aid |
Current year Restricted Funds 2022 £ 53,414 3,010 100,000 1,000 1,000 - 158,424 - - - 2,000 2,000 - 4,000 162,424 |
Current year Total Funds 2022 £ 76,869 3,010 100,000 1,000 1,000 - 181,879 23,961 23,961 - 2,000 2,000 - 4,000 209,840 |
Prior Year Total Funds 2021 £ 116,865 - - - - 10,000 126,865 - - 4,750 - - 10,000 14,750 141,615 |
|---|---|---|---|
18 Expenditure on charitable activities- Grant funding of activities
| Current year Unrestricted Funds 2022 £ 1,500 Total grantmaking costs B2c 1,500 Grants made to organisations |
Current year Restricted Funds 2022 £ - - |
Current year Prior Year Total Funds Total Funds 2022 2021 £ £ 1,500 - 1,500 - |
|---|---|---|
18
AYLESBURY VALE ISLAMIC CENTRE
Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015
Breakdown of Grants made to organisations
| Current year Unrestricted Funds 2022 £ Hayat Humanitarian 1,420 Markaji Jamiat 80 1,500 19 Current year Unrestricted Funds 2022 £ Premises Expenses 4,732 1,581 32,467 818 Administrative overheads 200 290 592 Professional fees paid to advisors other than the auditor o 600 Financial costs 564 Support costs before reallocation 41,844 Total support costs 41,844 Bank charges Light heat and power Property insurance Sundry expenses Membership subscriptions Advertising and marketing Support costs for charitable activities Premises repairs, renewals and maintenance Rates and water charges Accountancy fees other than examination or audit fees |
Current year Restricted Funds 2022 £ - - - Current year Restricted Funds 2022 £ - - - - - - - r examiner - - - - |
Current year Total Funds 2022 £ 1,420 80 1,500 Current year Total Funds 2022 £ 4,732 1,581 32,467 818 200 290 592 600 564 41,844 41,844 |
Prior Year Total Funds 2021 £ - - - Prior Year Total Funds 2021 £ - 127 - 637 - 449 - 600 644 2,457 2,457 |
|---|---|---|---|
The basis of allocation of costs between activities is described under accounting policies
20 Other Expenditure - Governance costs
| Independent Examiner's fees Total Governance costs |
Current year Unrestricted Funds 2022 £ 600 600 |
Current year Restricted Funds 2022 £ - - |
Current year Total Funds 2022 £ 600 600 |
Prior Year Total Funds 2021 £ 600 600 |
|---|---|---|---|---|
19
AYLESBURY VALE ISLAMIC CENTRE
Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015
21 Total Charitable expenditure
| Current year Unrestricted Funds 2022 £ Total grantmaking costs B2c 1,500 Total support costs B2d 41,844 Total Governance costs B2e 600 Total charitable expenditure B2 43,944 |
Current year Current year Prior Year Restricted Funds Total Funds Total Funds 2022 2022 2021 £ £ £ - 1,500 - - 41,844 2,457 - 600 600 - 43,944 3,057 |
|---|---|
22 Expenditure on raising funds and costs of investment management
| Fundraising publicity & marketing Total fundraising costs B1 |
Current year Unrestricted Funds 2022 £ 8,450 8,450 |
Current year Restricted Funds 2022 £ - - |
Current year Prior Year Total Funds Total Funds 2022 2021 £ £ 8,450 8,381 8,450 8,381 |
|---|---|---|---|
20
AYLESBURY VALE ISLAMIC CENTRE
Activity analysis of Income and expenditure for the for the year ended 31 March 2022
This analysis is classsified by activity and not by conventional nominal descriptions.
23 Analysis of income by activity
| SOFA ref Summary of Total Income, including the items above Donations & Legacies A1 Categories of income Income from exchange transactions Direct costs Support costs 2022 2022 £ £ Charitable activity 1 Premises expenses - 39,598 Administrative overheads - 792 Professional fees - 600 Financial costs - 564 Grantmaking costs - - - 41,554 Direct costs Support costs 2022 2022 £ £ Total Charitable activity 1 - 41,554 - 600 - 42,154 Activity Total Governance costs as detailed in Note 20 Total Charitable activity 1 Summary of charitable costs by activity Activity Total charitable expenditure |
Grant funding of activities 2022 £ - - - - 1,500 1,500 Grant funding of activities 2022 £ 1,500 - 1,500 |
2022 £ 209,840 209,840 Total 2022 £ 39,598 792 600 564 1,500 43,054 Total 2022 £ 43,054 600 43,654 |
2021 £ 141,615 141,615 Total 2021 £ 764 - 600 644 449 2,457 Total 2021 £ 2,457 600 3,057 |
|---|---|---|---|
The basis of allocation of costs between activities is described under accounting policies
The breakdown of this expenditure by type of spending (ie nominal classification) is detailed in note 21
Analysis of support and governance costs by charitable activities
21
AYLESBURY VALE ISLAMIC CENTRE
Activity analysis of Income and expenditure for the for the year ended 31 March 2022
| Activity Charitable activity 1 Summary of grant making by activity Charitable activity 1 |
Governance 600 Grants to institutions 2022 £ 1,500 1,500 |
Finance 564 Grants to individuals 2022 £ - - |
Human Resources - Support costs 2022 £ - - |
Other Overheads 40,990 Total 2022 £ 1,500 1,500 |
Total 42,154 Total 2021 £ - - |
|---|---|---|---|---|---|
Fuller details of grants made and related costs, including support costs, are shown in note 18.
24 Analysis of non charitable expenditure by activity
| Activity Fundraising activities Direct fundraising costs Indirect fundraising costs:- Administrative overheads Total costs of Fundraising activities Governance costs Other Expenditure - Governance costs as detailed in Note 20 Total non charitable expenditure Total costs of Fundraising activities Total non charitable expenditure |
Fundraising activities 2022 £ 8,450 290 8,740 Governance costs 2022 £ 600 2022 £ 8,740 8,740 |
Fundraising activities 2021 £ 8,381 - 8,381 Governance costs 2021 £ 600 2021 £ 8,381 8,381 |
|---|---|---|
22