Registered number: 08606491
JAMIA MASJID SWAFIA DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021
UK Tax Accountants 89 Jacobs Well Lane Wakefield WF1 3PB
Jamia Masjid Swafia Directors' Report and Unaudited Financial Statements For The Year Ended 31 May 2021
| Contents | |
|---|---|
| Page | |
| Company Information | 1 |
| ' Trustee Report | 2 |
| ' Independent Examiners Report | 3 |
| Income and Expenditure Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6—7 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 8 |
Jamia Masjid Swafia Company Information For The Year Ended 31 May 2021
Directors Mr Muhammed Akhtar Mr Sayeed Hanif Mr Gulfraz Hussain Mr Malik Hussain Mr Sajid Hussain Mr Arshad Iqbal Mr Mohammed Iqbal Mr Ghulab Khan Mr Imran Mehboob Company Number 08606491 Registered Office The Mosque - Park Hill Lane Off Park Lodge Lane Wakefield West Yorkshire WF1 4NJ Accountants UK Tax Accountants 89 Jacobs Well Lane Wakefield WF1 3PB
Page 1
Jamia Masjid Swafia Company No. 08606491 Trustee' Report For The Year Ended 31 May 2021
The trustees present their report and financial statements for the year ended 31[st] May 2021 under the Charities Act 2011, and confirm that the latter comply with the requirements of the Act, the Trust Deed and the Charities SORP 2005.
Structure, Governance and Management
Organisation
The board of trustees are satisfied with the performance of the charity during the year and the position at 31[st] May 2021 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.
The organisational Structure and how decisions are made
Volunteers: Volunteers help out as and when required.
Trustees meet regularly (the intention is monthly) to discuss and plan objectives and implementation thereof. Matters of general concern are raised with all members.
Objectives and activities
The charity aims to advance the Islamic religion by providing a mosque with facilities and staff to hold prayers, lectures, visits, and celebrate festivals for members of the public. To provide Islamic education for children. Provide funeral and other services for the local community. Promote cohesion with wider community. Raise and distribute funds to relieve poverty or suffering.
Legal Status
The Charity is an unincorporated charity governed by a written constitution adopted by its members.
There are no restrictions in the governing document on the operation of the charity or on its investment powers , other than those imposed by general charity law .
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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accounting policies and
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observe the methods and principles in the Charities SORP
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estimates that are
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state whether applicable accounting standards, including FRS 102, have been followed, subject to any material departures disclosed and explained in the financial statements;
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state whether a Statement of Recommended Practice (SORP) applies and has been followed, subject to any departures which are explained in the financial statements.
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the Charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed. They are responsible for safeguarding state whether a Statement of Recommended Practice (SORP) applies and has been followed, subject to any departures which are explained in the financial statements. financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board
Mr Gulfraz Hussain Director
3[rd] April 2023
Page 2
Jamia Masjid Swafia Accountants' Report For The Year Ended 31 May 2021
I report on the accounts which are set out on the pages 4 to 8
Respective responsibilities of the Trustees and Examiner
The trustees are responsible for the preparation of the accounts. The trustees consider than an audit is not required for the year.
It is my responsibility to :-
Examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the general directions given by the Charity Commission (under section 145)5)(b) of the 2011 Act); and state whether particular matters have come to my attention
Basis of independent examiners report
My examination was carried out in accordance with the 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 you as trustees concerning 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 therefore limited.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
Which gives me reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act;
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and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
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To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
....................................................................... For and on behalf of
UK Tax Chartered Certified Accountants 89 Jacobs Well Lane Wakefield WF1 3PB
Jamia Masjid Swafia Income and Expenditure Account For The Year Ended 31 May 2021
| Notes TURNOVER Cost of sales GROSS SURPLUS Administrative expenses Other operating income OPERATING SURPLUS AND SURPLUS FOR THE FINANCIAL YEAR |
2021 £ 294,323 (74,074 ) 220,249 (127,692 ) 54,935 147,492 |
2020 £ 161,520 (8,849 ) 152,671 (130,636 ) 11,240 33,275 |
|---|---|---|
The notes on pages 6 to 7 form part of these financial statements.
Page 4
Jamia Masjid Swafia Balance Sheet As at 31 May 2021
| 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 (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS RESERVES Revaluation reserve 5 Income and Expenditure Account MEMBERS' FUNDS |
2021 £ £ 203,971 203,971 226,918 226,918 - 226,918 430,889 430,889 62,165 368,724 430,889 |
2021 £ £ 203,971 203,971 226,918 226,918 - 226,918 430,889 430,889 62,165 368,724 430,889 |
2020 £ £ 88,199 88,199 195,199 195,199 (1 ) 195,198 283,397 283,397 62,165 221,232 283,397 |
|---|---|---|---|
| 203,971 226,918 |
|||
| 226,918 - |
195,199 (1 ) |
||
| 430,889 | |||
| 430,889 | |||
| 62,165 368,724 |
|||
| 430,889 |
For the year ending 31 May 2021 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.
On behalf of the board
Mr Gulfraz Hussain Director 21st February 2022
The notes on pages 6 to 7 form part of these financial statements.
Page 5
Jamia Masjid Swafia Notes to the Financial Statements For The Year Ended 31 May 2021
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
1.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3. Tangible Fixed Assets and Depreciation
| Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated |
|---|
| to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: |
| Freehold 0 |
| Plant & Machinery 15 |
2. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2020: 5)
3. Tangible Assets
| Cost As at 1 June 2020 Additions As at 31 May 2021 Depreciation As at 1 June 2020 Provided during the period As at 31 May 2021 Net Book Value As at 31 May 2021 As at 1 June 2020 |
Land & Property Freehold £ 70,432 118,437 |
Plant & Machinery £ 43,256 - |
Total £ 113,688 118,437 232,125 25,489 2,665 28,154 203,971 88,199 |
|---|---|---|---|
| 188,869 | 43,256 |
||
| - - |
25,489 2,665 |
||
| - | 28,154 |
||
| 188,869 | 15,102 |
||
| 70,432 | 17,767 |
Page 6
Jamia Masjid Swafia Notes to the Financial Statements (continued) For The Year Ended 31 May 2021
4. Creditors: Amounts Falling Due Within One Year
| Trade creditors | 2021 £ - - |
2020 £ 1 1 |
|---|---|---|
5. Reserves
| As at 1 June 2020 As at 31 May 2021 |
Revaluation Reserve £ 62,165 62,165 |
|---|---|
6. 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.
7. General Information
Jamia Masjid Swafia is a private company, limited by guarantee, incorporated in England & Wales, registered number 08606491 . The registered office is The Mosque - Park Hill Lane, Off Park Lodge Lane, Wakefield, West Yorkshire, WF1 4NJ.
Page 7
Jamia Masjid Swafia Detailed Income and Expenditure Account For The Year Ended 31 May 2021
| TURNOVER Donations COST OF SALES Other direct costs GROSS SURPLUS Administrative Expenses Wages and salaries Subcontractor costs Health and safety costs Light and heat Water rates Cleaning Vehicle running costs Repairs, renewals and maintenance Insurance Printing, postage and stationery Training seminars and workshops Telecommunications and data costs Legal fees Royalties and licence fees payable Depreciation of plant and machinery Other Operating Income Other coronavirus grant income OPERATING SURPLUS AND SURPLUS FOR THE FINANCIAL YEAR |
2021 £ £ 294,323 74,074 (74,074 ) 220,249 73,582 23,771 1,356 4,657 1,438 712 1,699 14,449 2,233 55 - 140 300 635 2,665 (127,692 ) 54,935 54,935 147,492 |
2021 £ £ 294,323 74,074 (74,074 ) 220,249 73,582 23,771 1,356 4,657 1,438 712 1,699 14,449 2,233 55 - 140 300 635 2,665 (127,692 ) 54,935 54,935 147,492 |
2020 £ £ 161,520 8,849 (8,849 ) 152,671 84,993 13,550 1,613 5,054 1,485 1,065 1,404 15,021 1,746 285 650 150 - 485 3,135 (130,636 ) 11,240 11,240 33,275 |
|---|---|---|---|
| 73,582 23,771 1,356 4,657 1,438 712 1,699 14,449 2,233 55 - 140 300 635 2,665 |
84,993 13,550 1,613 5,054 1,485 1,065 1,404 15,021 1,746 285 650 150 - 485 3,135 |
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| 220,249 (127,692 ) 54,935 |
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| 54,935 | 11,240 |
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| 147,492 |
Page 8