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2021-05-31-accounts

BA￿ AL QAIM ISLAMIC CENTRE (BRADFORD) Accounts 31 May 2021

BAYT AL QAIM ISLAMIC CENTRE (BRADFORD) Charity Information

Trustees

Mr Sheraz Hussain Shah (President) Mr Danyal Naqvi (General Secretary) Mr Ali Akbar Naqvi (Treasurer)

Accountants

Mahmood Rizvi Accountancy Services Limited 353a Great Horton Road Bradford BD7 3BZ

Bankers

HSBC plc Sort Code: 40-13-43 Account Number 60055239

Charity Address

145 Bolton Lane Bradford West Yorkshire BD2 4AT

1

BAYT AL QAIM ISLAMIC CENTRE (BRADFORD)

Approval statement

I approve the accounts which comprise of the Profit and Loss Account, the Balance Sheet and the related notes. I acknowledge my responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing Mahmood Rizvi Accountancy Services Ltd with all information and explanations necessary for their compilation.

MR ALI AKBAR NAQVI

25 February 2022

2

BAYT AL QAIM ISLAMIC CENTRE (BRADFORD)

Accountants' report on the unaudited accounts to BAYT AL QAIM ISLAMIC CENTRE (BRADFORD)

You have approved the accounts for the year ended 31 May 2021 which comprise the Profit and Loss Account, the Balance Sheet and the related notes. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.

Mahmood Rizvi Accountancy Services Ltd Institute of Financial Accountants

353A GREAT HORTON ROAD BRADFORD BD7 3BZ

25 February 2022

3

BAYT AL QAIM ISLAMIC CENTRE (BRADFORD) Profit and Loss Account for the year ended 31 May 2021

Donations & Collections
Council Tax
Gross profit
Expenses
Wages, salaries and other staff costs
Rent, rates, power and insurance costs
Repairs and renewals of property and equipment
Telephone, fax, stationery and other office costs
Interest on bank and other loans
Accountancy, legal and other professional fees
Islamic Event Expenses
Total Expenses
Net Movement in funds
Total funds at 31 May 2020
Total funds at 31 May 2021
2021
2020
£
£
98,166
36,359
1,143
-
97,023
36,359
13,937
17,592
3,902
9,832
4,688
4,859
188
1,255
1,667
1,380
6,390
8,681
7,570
-
38,342
43,599
58,681
(7,240)
56,743
41,620

4

BAYT AL QAIM ISLAMIC CENTRE (BRADFORD) Balance Sheet as at 31 May 2021

Notes
Fixed assets
Equipment
3
Other fixed assets
4
Current assets
Cash in hand
Current liabilities
Trade creditors
Loans and overdrawn bank accounts
Net current liabilities
Net assets
Capital account
Balance at start of period
Current net movement in funds
Total Funds
101,725 2021
2020
£
£
19,405
19,405
203,476
203,476
222,881
222,881
53,654
132,911
-
132,911
(20,576)
(79,257)
202,305
143,624
143,624
150,864
58,681
(7,240)
202,305
143,624
390
121,911
122,301

5

BAYT AL QAIM ISLAMIC CENTRE (BRADFORD) Notes to the Accounts for the year ended 31 May 2021

1 Accounting basis

The accounts have been compiled on a basis that enables profits to be calculated in accordance with UK Generally Accepted Accounting Practice and that provides sufficient and relevant information to enable the completion of a tax return.

2 Profit and loss account analysis

Sales
Donations
Construction industry - payments to subcontractors
Council Tax
Wages, salaries and other staff costs
Wages and salaries
Rent, rates, power and insurance costs
Rates
Light and heat
Property insurance
Service charges
Repairs and renewals of property and equipment
Repairs and maintenance
Telephone, fax, stationery and other office costs
Telephone and fax
Interest on bank and other loans
Interest
Accountancy, legal and other professional fees
Accountants fees
Management fees
Other business expenses
Sundry
Niaz
2021
2020
£
£
98,166
36,359
1,143
-
13,937
17,592
224
9,832
979
-
1,690
-
1,009
-
3,902
9,832
4,688
4,859
188
1,255
1,667
1,380
390
-
6,000
8,681
6,390
8,681
3,578
-
3,992
-
7,570
-

6