2021-12-31-accounts

				Page
Trustees' annual report
Independent	auditor's	report to the	members
Consolidated	statement	offinancial	activities
Consolidated	statement	offinancial	position
Charity only	statement	offinancial	position	10
Consolidated	statement	ofcash flows
Notes to the	financial statements			12

Registered	charity	name	KSIMC of Birmingham
Charity registration		number	1170675
Principal office			17Clifton Road
			Balsall Heath
			Birmingham
			B128SX
The trustees			Mr G Datoo
			Mr M Sachedina
			Mrs I Ramji
			Mr H Bandali
			Mr H Hudda
			Mr M Railey
			Mr M Kassamali
			Mrs F Damji
			Dr R Alidina
			Mr T Bhanji
			Mr S Fazal
			Mr SZaidi

					2021		2020
				Unrestricted	Restricted
			Note	funds E	funds f	Total funds E	Total funds E
Income and endowments
Donations and legacies Charitable activities Other trading activities Investment income			4 5 6 7	400,643 189,074 54,397 288,550	185,903	586,546 189,074 54,397 288,550	1,496,155 183,179 78,964 232,598
Total income				932,664	185,903	1,118,567	1,990,896
Expenditure
Expenditure on raising funds:
Costs of raising donations		and
legacies Expenditure on charitable	activities		8 9,10	22,610 979,580	53,538	22,610 1,033,117	16,954 896,801
Total expenditure				1,002,190	53,538	1,055,727	913,755
Net income				(69,526)	132,365	62,840	1,077,141
Transfers between funds			21	219,858	(219,858)
Net movement in funds				150,332	(87,493)	62,840	1,077,141
Reconciliation offunds
Total funds brought forward				9,647,450	1,946,220	11,593,670	10,516,530
Total funds carried forward				9,797,782	1,858,727	11,656,509	11,593,671

				2021	2020
			Note	6
Fixed assets
Tangible fixed assets			15	6,589,502	6,578,365
Investments			16	3,533,239	3,533,239
				10,122,741	10,111,604
Current assets
Debtors			17	515,540	314,694
Cash at bank and in	hand			2,510,859	2,790,300
				3,026,399	3,104,994
Creditors: amounts	falling	due within one year	18	302,795	350,294
Net current assets				2,723,604	2,754,700
Total assets less current		liabilities		12,846,345	12,866,304
Creditors: amounts	falling	due after more than one year	19	1,189,835	1,272,633
Net assets				11,656,510	11,593,671
Funds ofthe charity
Restricted funds Unrestricted funds				1,858,727 9,797,782	1,946,219 9,647,452
Total charity funds			21	11,656,509	11,593,671

					2021	2020
				Note	6	6
Fixed assets
Tangible fixed assets				15	6,544,936	6,562,904
Current assets
Debtors Cash at bank and	in	hand		17	1,266,362 2,286,957	1,085,122 2,579,844
					3,553,319	3,664,966
Creditors: amounts		falling	due within one year	18	160,493	196,372
Net current assets					3,392,826	3,468,594
Total assets less	current		liabilities		9,937,762	10,031,498
Net assets					9,937,762	10,031,498
Funds ofthe charity
Restricted funds Unrestricted funds					1,858,727 8,079,035	1,946,219 8,085,279
Total charity funds					9,937,762	10,031,498

Year ended 31 Decemb	er 2021
			2021	2020
Cash flows from operating	activities
Net income			62,840	1,077,141
Adjustments for:
Depreciation oftangible fixed assets			275,463	258,778
Dividends, interest and rents	from investments		(285,840)	(197,358)
Other interest receivable and similar income			(2,710)	(35,240)
Accrued income			(5,791)	(15,737)
Changesin:
Trade and other debtors			(200,846)	165,895
Trade and other creditors			(41,708)	25,979
Cash generated from operations			(198,592)	1,279,458
Interest received			2,710	35,240
Net cash (used in)/from operating activities			(195,882)	1,314,698
Cash flows from investing	activities
Dividends, interest and rents Purchase oftangible assets	from investments		285,840 (286,600)	197,358 (506,526)
Net cash used in investing activities			(760)	(309,168)
Cash flows from financing	activities
Proceeds from borrowings			(82,798)	(78,138)
Net cash used in financing activities			(82,798)	(78,138)
Net (decrease)/increase in cash and cash Cash and cash equivalents at beginning		equivalents ofyear	(279,440) 2,790,300	927,392 1,862,910
Cash and cash equivalents	at end ofyear		2,510,860	2,790,302

Donations and legacies
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
		E'	6
Donations
Burial	68,135		68,135
Burial donations	20,895		20,895
Fitra		7,069	7,069
General donations	103,052		103,052
Gift Aid	40,120		40,120
Hardship funds	33,408		33,408
AIC project		161,357	161,357
Nyaz Seniors	14,362	270	14,362 270
Subscriptions Sadka Zakat COVID 19Support fund	91,313 1,858	15,852 1,355	91,313 15,852 1,355 1,858
Grants
Grants receivable	27,500		27,500
	400,643	185,903	586,546
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
Donations			f
Burial Burial donations Fitra General donations Gift Aid Hardship funds AIC project Nyaz Seniors Subscriptions Sadka Zakat COVID 19Support fund	69,369 23,039 49,015 42,459 12,980 11,027 86,844 9,919	7,179 1,133,715 14,231 10,433 945	69,369 23,039 7,179 49,015 42,459 12,980 1,133,715 11,027 14,231 86,844 10,433 945 9,919
Grants
Grants receivable	25,000		25,000
	329,652	1,166,503	1,496,155

Charitable activities
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2021 6	Funds f	2020 f
Secular Education fees	46,280	46,280	48,921	48,921
Madressa fees	28,574	28,574	19,301	19,301
Nursery fees	114,220	114,220	114,957	1'I4,957
	189,074	189,074	183,179	183,179
Other trading activities
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2021	Funds	2020
	F		E
Advertising	1,275	1,275	1,440	1,440
Halls & Majlis Subcommittee Other income	10,943 41,282 897	10,943 41,282 897	4,763 72,186 575	4,763 72,186 575
	54,397	54,397	78,964	78,964

Investment income
		Unrestricted	Total Funds	Unrestricted	Total Funds
Income from investment Bank interest receivable Other investment income	properties	Funds 6 285,840 2,710	2021 6 285,840 2,710	Funds f 197,358 1,058 34,182	2020 6 197,358 1,058 34,182
		288,550	288,550	232,598	232,598

Costs ofraising donation	s and le	gacies
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
Costs ofraising donations	and	6	6	6	6
legacies		22,610	22,610	16,954	16,954

Expenditure	on charitable	activities	by fund type
				Unrestricted	Restricted	Total Funds
				Funds f	Funds f	2021 f
Religious				183,816	51,354	235,170
Education				135,218		135,218
Burial scheme				66,209		66,209
Support costs				594,337	2,184	596,520
				979,580	53,538	1,033,117
				Unrestricted	Restricted	Total Funds
				Funds f	Funds f	2020 f
Religious				114,301	2,000	116,301
Education Burial scheme				103,244 78,083		103,244 78,083
Support costs				588,146	11,027	599,173
				883,774	13,027	896,801
Expenditure	on charitable	activities	by activity type
			Activities
			undertaken	Support	Total funds	Total fund
			directly f	costs	2021 f	2020
Religious Education Burial scheme Investment management			235,170 135,218 66,209	477,628 39,987 78,905	712,798 175,205 66,209 78,905	618,901 142,512 78,083 57,305
			436,597	596,520	1,033,117	896,801
Analysis of	support costs
				Investment
Staff costs Premises Finance costs Insurance Legal &professional Depreciation Sub committee Auditor fees		Religious f 76,425 67,618 4,195 15,126 8,185 257,506 44,072 4,500	Education f 6,731 20,112 766 1,827 7,738 2,813	managementf 42,844 20,753 3,963 10,219 1,125	Total 2021 76,425 117,193 45,060 15,892 13,975 275,463 44,072 8,438	Total 2020 f 80,056 80,859 48,558 16,952 15,608 258,777 89,924 8,438
		477,627	39,987	78,904	596,518	599,172

				2021 f	2020 6
Depreciation	oftangible	fixed	assets	275,463	258,778

Staff cos	ts
The total	staff costs and	employee	benefits for the reporting	period are analysed as	follows:
				2021 6	2020 f
Wages and salaries				197,018	191,687
Social security costs				1,998	2,682
Employer	contributions	to pension	plans	2,380	1,878
				201,396	196,247

Tangible fixed ass	ets
	Freehold	Fixtures and	Motor		Asset under
	property	fittings	vehicles F	Equipment f	construction E	Total
Cost
At 1 Jan 2021	7,322,841	340,933	18,630	46,493	1,420,798	9,149,695
Additions		62,567		4,175	219,858	286,600
At 31Dec 2021	7,322,841	403,500	18,630	50,668	1,640,656	9,436,295
Depreciation
At1 Jan2021	2,180,736	330,052	18,630	41,912		2,571,330
Charge for the
year	252,586	19,545		3,332		275,463
At 31Dec2021	2,433,322	349,597	18,630	45,244		2,846,793
Carrying amount
At 31 Dec2021	4,889,519	53,903		5,424	1,640,656	6,589,502
At 31 Dec 2020	5,142,105	10,881		4,581	1,420,798	6,578,365

Tangible fixed assets —Ch	arity only
	Freehold	Fixtures and	Motor	Asset under
	property	fittings	vehicles	construction	Total
Cost	6	8	8	f
At 1 January 2021 Additions	7,322,841	289,275 19,680	18,630	1,420,798 219,858	9,051,544 239,538
At 31 December 2021	7,322,841	308,955	18,630	1,640,656	9,291,082
Depreciation
At 1 January 2021 Charge for the year	2,180,736 252,586	289,274 4,920	18,630		2,488,640 257,506
At 31 December 2021	2,433,322	294,194	18,630		2,746,146
Carrying amount
At 31 December 2021	4,889,519	14,761		1,640,656	6,544,936
At 31 December 2020	5,142,105	1		1,420,798	6,562,904

	Investment
	properties f
Cost or valuation
At 1 January 2021 and 31 December 2021	3,533,239
Impairment
At 1 January 2021 and 31 December 2021
Carrying amount
At 31 December 2021	3,533,239
At 31 December 2020	3,533,239

Trade debtors Prepayments and accrued income Other debtors		2021 f 67,113 153,979 294,448	2020 f 58,358 11,688 244,648
		515,540	314,694
Debtors —Charity only
Trade debtors Amounts owed by group undertakings Prepayments and accrued income Other debtors		2021 f 55,789 904,146 214,621 91,806	2020 f 40,564 789,009 238,810 16,739
		1,266,362	1,085,122
The debtors above include the following	amounts	falling due after more than one year:
Amounts owed by group undertakings		2021 f 832,000	2020 f 707,000

Creditors: amounts	falling due within one year
		2021	2020
			f
Bank loans and overdrafts		122,757	122,757
Payments received Trade creditors	on account	4,455 24,959	4,455 34,689
Accruals and deferred income Social security and other taxes Other creditors		9,338 2,183 139,103	15,129 1,917 171,347
		302,795	350,294
Creditors: amounts	falling due within one year —charity only
		2021	2020
		6	f
Trade creditors Accruals and deferred income Social security and other taxes		24,765 4,500 413	27,965 4,500 461
Other creditors		130,815	163,446
		160,493	196,372
Creditors: amounts	falling due after more than one year
		2021	2020
Bank loans and overdrafts		1,189,835	6 1,272,633

Unrestricted funds
	At				At
	1 Jan 2021 f	Income	Expenditure F	Transfers 6	31Dec 2021 6
General funds	2,485,826	843,634	(683,395)		2,646,065
Equipment fund	17,720				17,720
Burial	581,000	89,030	(66,209)		603,821
Building revaluation
reserve Building fund	3,318,886 3,244,018		(165,944) (86,642)	219,858	3,152,942 3,377,234
	9,647,450	932,664	(1,002,190)	219,858	9,797,782
	At				At
	1 Jan 2020 6	Income f	Expenditure 6	Transfers 6	31 Dec 2020
General funds Equipment fund Burial Building revaluation	2,309,902 17,720 566,675	731,986 92,407	(570,059) (78,083)	14,000	2,485,829 17,720 580,999
reserve Building fund	3,484,830 2,836,681		(165,944) (86,642)	493,979	3,318,886 3,244,018
	9,215,808	824,393	(900,728)	507,979	9,647,452
Restricted funds
AIC project Senior Citizen Fitra Sadka Zakat	At 1 Jan 2021 f 1,864,040 36,219 3,681 39,676 2,604	income 161,357 270 7,069 15,852 1,355	Expenditure 6 (2,184) (10,750) (38,000) (2,604)	Transfers 6 (219,858)	At 31Dec2021 6 1,805,539 34,305 17,528 1,355
	1,946,220	185,903	(53,538)	(219,858)	1,858,727
AIC project Senior Citizen Fitra Sadka Zakat	At 1 Jan 2020 6 1,224,303 33,015 10,502 31,243 1,659	Income f 1,133,715 14,231 7,179 10,433 945	Expenditure 6 (11,027) (2,000)	Transfers (493,979) (14,000)	At 31 Dec 2020 F 1,864,039 36,219 3,681 39,676 2,604
	1,300,722	1,166,503	(13,027)	(507,979)	1,946,219

22.	Analysis of net asse	ts	between funds
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2021
				f'	f
	Tangible fixed assets			6,589,502		6,589,502
	Investments			3,533,239		3,533,239
	Current assets			1,167,672	1,858,727	3,026,399
	Creditors less than 1	year		(302,795)		(302,795)
	Creditors greater than		1 year	(1,189,835)		(1,189,835)
	Net assets			9,797,783	1,858,727	11,656,510
				Unrestricted	Restricted	Total Funds
				Funds F	Funds f	2020 f
	Tangible fixed assets			6,578,365		6,578,365
	Investments			3,533,239		3,533,239
	Current assets Creditors less than 1 Creditors greater than	year 1 year		1,158,775 (350,294) (1,272,633)	1,946,219	3,104,994 (350,294) (1,272,633)
	Net assets			9,647,452	1,946,219	11,593,671
23.	Analysis ofchanges	in net debt
				At		At
	Cash at bank and in hand Debt due within one year Debt due after one year			1 Jan 2021 2,790,300 (122,757) (1,272,633)	Cash flows f (279,441) 82,798	31Dec2021 f 2,510,859 (122,757) (1,189,835)
				1,394,910	(196,643)	1,198,267

Turnover: Administrative Expenses: Net Profit / (Loss): Fixed Assets: Current Assets: Current Liabilities: Total Net liabilities: Reserves / (defficit):	E93,488 E30,909 E579 E'10,170 F6,170 -E39,442 -E23,102 -E23,102	(2020:E94,182) (2020:E23,448) (2020:E10,734) (2020:E8,521) (2020:E11,216) (2020:-F43,418) (2020:-E23,681) (2020:-E23,681)

			2021		2020
		Unrestricted	Restricted
Income and endowments		funds f	funds	Total funds 8	Total funds f
Donations end legacies Other trading activities Investment income		393,143 53,500 99,638	185,903	579,046 53,500 99,638	1,471,155 78,964 57,989
Total Income		546,281	185,903	732,184	1,608,108
Expenditure
Expenditure on charitable	activities	772,381	53,538	825,919	696,984
Total expenditure		772,381	53,538	825,919	696,984
Net (expenditure)/income		(226,100)	132,365	(93,735)	911,124
Transfers between funds		219,858	(219,858)
Net movement in funds		(6,242)	(87,493)	(93,735)	911,124
Reconciliation offunds
Total funds brought forward		8,085,277	1,946,220	10,031,497	9,120,374
Total funds carried forward		8,079,035	1,858,727	9,937,762	10,031,498