2022-05-31-accounts

BA￿ AL QAIM ISLAMIC CENTRE (BRADFORD) Accounts 31 May 2022

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

27 February 2023

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 2022 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

27 February 2023

3

BAYT AL QAIM ISLAMIC CENTRE (BRADFORD) Profit and Loss Account for the year ended 31 May 2022

Donations & Collections 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	2022 2021 £ £ 110,104 98,166 18,833 13,937 10,436 5,045 5,260 4,688 412 188 22,980 1,667 390 6,390 23,709 7,570 82,020 39,485 28,084 58,681

4

BAYT AL QAIM ISLAMIC CENTRE (BRADFORD) Balance Sheet as at 31 May 2022

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 assets/(liabilities) Net assets Capital account Balance at start of period Current net movement in funds Total Funds	47,730	2022 2021 £ £ 19,405 19,405 203,476 203,476 222,881 222,881 101,725 390 121,911 122,301 7,508 (20,576) 230,389 202,305 202,305 143,624 28,084 58,681 230,389 202,305
	390 39,832
	40,222

5

BAYT AL QAIM ISLAMIC CENTRE (BRADFORD) Notes to the Accounts for the year ended 31 May 2022

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 Wages, salaries and other staff costs Wages and salaries Rent, rates, power and insurance costs Council Tax 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

2022 2021 £ £ 110,104 98,166 18,833 13,937 1,389 1,143 798 224 3,833 979 1,688 1,690 2,728 1,009 10,436 5,045 5,260 4,688 412 188 22,980 1,667 390 390 - 6,000 390 6,390 7,312 3,578 16,397 3,992 23,709 7,570

6

BAYT AL QAIM ISLAMIC CENTRE (BRADFORD) Notes to the Accounts for the year ended 31 May 2022

3 Equipment Cost At 1 June 2021 At 31 May 2022 Depreciation At 31 May 2022 Net book value At 31 May 2022 At 31 May 2021 4 Other fixed assets Premises	2022 £ 203,476	Plant and machinery £ 19,405
		19,405
		-
		19,405
		19,405
		2021 £ 203,476

7