Registered number 09671126 NASRUL-LAHI-IL-FATIH DAGENHAM UK LTD Report and Accounts 31 July 2020 ## **NASRUL-LAHI-IL-FATIH DAGENHAM UK LTD Report and accounts Contents** ||**Page**| |---|---| |Company information|1| |Directors' report|2-3| |Accountants' report|4| |Income and expense account|5| |Balance sheet|6| |Notes to the accounts|7| |Detailed income and expense account|8-9| ## **NASRUL-LAHI-IL-FATIH DAGENHAM UK LTD Company Information** ## **Directors** Mr Olalekan Noah Sanni ## **Accountants** Tax Maths 11 Woodford Avenue Gants Hill Ilford IG2 6UF ## **Registered office** 64 Waldegrave Road Dagenham Essex RM8 2QD **Registered number** 09671126 1 **NASRUL-LAHI-IL-FATIH DAGENHAM UK LTD Registered number: 09671126 Directors' Report** The directors present their report and accounts for the year ended 31 July 2020. ## **Statement of Director's Responsibilities** The directors/trustees are responsible for preparing the Directors'/Trustees Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors/trustees to prepare financial statements for each financial year. Under that law the directors/trustees have selected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors/trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors/trustees are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors/trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Trustees/Directors' Report for the year ended 31st July 2020** The trustees/directors present their report with the financial statements of the company for the year ended 31st July 2019 **Principal activities** The principal activities of the charity were advancing the Islamic faith. ## **Aims and objectives** The main objectives of the charity are; Teaching of Arabic studies, inviting guest speakers, offering special prayers, encouraging family harmony, visiting and assisiting the needy and offering platforms for interfaith collaborations. **Trustees** The trustees shown below have held office during the whole of the period from 01st August 2019 to 31st July 2020 Ms Kafayat Hassan Mr Kazeem Balogun Mr Olawale Fadairo Mr Olalekan Sanni ## **Organisation Structure, Governance and Management** We are a registered charity and also a company registered by guarantee in the United Kingdom. The NASRULLAHIILFATIH DAGENHAM UK LTD operates mainly in London, United Kingdom. It is open to all nationalities, races, ages and sexes with the aim of advancing the Islamic faith through engaging the members of public in dialogues and the distribution of printed materials about the Islamic faith. The overall control of the charity is the responsibility of the Board of Trustees who are governed by the trust deed adopted by the charity. The Trustees have assessed the major risks to which the charity is exposed to, in particular those relating to the operations and finances of the charity and are satisfied that there is adequate system in place to mitigate any exposure to any major risk. ## **Trustees' Responsibilities** Law applicable to charities in England and Wales requires the Trustees to prepare accounts for each financial year which give a true and fair view of the Charity’s financial activities during the year and of its financial position at the end of the year. 2 **NASRUL-LAHI-IL-FATIH DAGENHAM UK LTD Registered number: 09671126 Directors' Report** In preparing those accounts, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles of the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the accounts; and - prepare the accounts on a going concern basis unless it is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charity and enable them to ascertain to ensure that the accounts comply with the Charities Act 2011 and the provisions of the trust deed. 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 responsible for the maintenance and integrity of the Charity and financial information. This report was approved by the board of trustees on 20th April 2021 and signed on their behalf by: ……………………………… …… . ……………………………….. Ms Kafayat Hassan; Mr Olawale Fadairo ………………………………… … . ………………………………….. Mr Kazeem Balogun; Mr Olalekan Sanni ## Principal Activity The company's principal activity continues to be that of advancing Islamic Faith. Review of Business Future Developments Directors ## **Small Company Rules** This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. On behalf of the board ## Mr OLALEKAN SANNI 20 April 2021 3 ## **NASRUL-LAHI-IL-FATIH DAGENHAM UK LTD** ## **Report to the directors on the preparation of the unaudited statutory accounts of NASRULLAHI-IL-FATIH DAGENHAM UK LTD for the year ended 31 July 2020** In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of NASRUL-LAHI-IL-FATIH DAGENHAM UK LTD for the year ended 31 July 2020 which comprise of the Income & Expenditure Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/ Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. Tax Maths Chartered Certified Accountants 11 Woodford Avenue Gants Hill Ilford IG2 6UF 20 April 2021 4 ## **NASRUL-LAHI-IL-FATIH DAGENHAM UK LTD Income and Expenditure Account for the year ended 31 July 2020** |**Turnover**
Administrative expenses
**Operating surplus and surplus for the financial year**|**2020**
**£**
26,168
(6,450)
19,718|**2019**
**£**
19,527
(16,479)
3,048| |---|---|---| 5 **NASRUL-LAHI-IL-FATIH DAGENHAM UK LTD Registered number:** 09671126 **Balance Sheet as at 31 July 2020** |**Notes**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
**Net current assets**
**Net assets**
**Capital and reserves**
Income and expenditure account
**Members' funds**|**2020**
**£**
78,322
(1,000)
77,322
77,322
77,322
77,322|**2019**
**£**
58,104
(500)
57,604
57,604
57,604
57,604| |---|---|---| 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 member has 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. Olalekan Noah Sanni Director Approved by the board on 20 April 2021 6 ## **NASRUL-LAHI-IL-FATIH DAGENHAM UK LTD Notes to the Accounts for the year ended 31 July 2020** ## **1 Accounting policies** ## **1.1. Basis of Preparation of Financial Statements** The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities -The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2005) issued in July 2005, the Financial Reporting Standard for Smaller Entities (effective January 2015) (United Kingdom Generally Accepted Accounting Practice applicable to Smaller Entities), and the Charities Act 2011. ## **1.2. Turnover** Tunover represents amounts collected from donators paid towards the charity. ## **Funds structure** The Charity has a single permanent fund which is wholly unrestricted. The terms of the trust deed allow the income to be accumulated and the capital to be spent if the Trustees so determine. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. Unrestricted income funds comprise those funds which the Trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the Trustees, at their discretion, wish to create a fund for a specific purpose. ## **Incoming resources** All incoming resources are recognised once the Charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability. ## **Resources expended** Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the Charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Grants payable are payments made to third parties in the furtherance of the charitable objectives of the Charity. ## **2 Average Number of Employees** The charity had no employees during the year. - **3 Creditors: Amounts Falling Due Within One Year** ||**2020**|**2019**| |---|---|---| ||**£**|**£**| |Accruals and deferred income|1,000|500| ## **4 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. ## **5 General Information** - **2** NASRUL-LAHI-IL-FATIH DAGENHAM UK LTD is a private company, limited by guarantee, incorporated in England & Wales, registered number 09671126. The registered office is 64 WALDEGRAVE ROAD, DAGENHAM, ESSEX, RM8 8QD 7 ## **NASRUL-LAHI-IL-FATIH DAGENHAM UK LTD Detailed income and expenditure account for the year ended 31 July 2020** _This schedule does not form part of the statutory accounts_ |**Turnover**
Administrative expenses
**Operating surplus**
**Operating surplus and surplus for the financial year**|**2020**
**£**
26,168
(6,450)
19,718
19,718|**2019**
**£**
19,527
(16,479)
3,048
3,048| |---|---|---| 8 ## **NASRUL-LAHI-IL-FATIH DAGENHAM UK LTD Detailed income and expenditure account for the year ended 31 July 2020** _This schedule does not form part of the statutory accounts_ |**Turnover**
Turnover
**Administrative expenses**
Employee costs:
For lecturers and speakers
Premises costs:
Rent
General administrative expenses:
Donations
Legal and professional costs:
Accountancy fees|**2020**
**£**
26,168
-
-
5,950
5,950
-
-
500
500
6,450|**2019**
**£**
19,527
3,019
3,019
12,810
12,810
150
150
500
500
16,479| |---|---|---| 9