2020-12-31-accounts - Almarkaz Ul Islami Ltd

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AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Charity Assist Accountants Ltd

Certified Public Accountants and Charity Independent Examiners

Unit 27 Batley Enterprise Centre

513 Bradford Road Batley West Yorkshire

WF17 8LL

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Contents	Page
Basic information	3
Trustees annual report	4 – 8
Independent examiners report	9 – 10
Income and expenditure accounts	11 – 12
Notes to the accounts	13 – 18

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Basic information

Address

AlMarkaz Ul Islami Ltd

SM Complex Beckside Lane Bradford BD7 2JX

Bank

Barclays Bank 10 Market Street

Bradford BD1 1EG

Accountants

Charity Assist Accountants Ltd

Unit 27 Batley Enterprise Centre

Batley

WF17 8LL

Charity Registration No.

1173153

Company No.

08825895

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Trustees’ annual report (including Directors’ report) for the period

From: 1[st] January 2020 To: 31[st] December 2020

Charity name: AlMarkaz Ul Islami Ltd

Charity registration number: 1173153 Company number: 08825895

Objectives and activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	1. The advancement of the religion of Islam in accordance to the Qur’an and Sunnah and the belief in the finality of the prophet hood of Muhammad (may the peace and blessings of Allah be upon him) in particular by providing facilities for daily prayers, the Friday prayer, Eid prayers and other religious activities on special Islamic days. 2. The advancement of education including instruction in the Islamic faith and teaching classes in Arabic and Urdu languages including Qur’anic studies. 3. To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with object of improving their conditions of life.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	The charity holds classes in 3 campus. The third campus was opened during the year. It hosted a graduation party for its graduates. The charity has an app which lets the public know information such as prayer times.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Directors are responsible for preparing the Directors Annual Report and the Financial Statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the Directors have elected toprepare the financial statements

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020 in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). In preparing the financial statements, the directors are required to: • Select suitable accounting policies and then apply them consistently; • Make judgements and estimates that are reasonable and prudent; • Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with Companies Act 2011 and the Statement of Recommended Practice, Accounting and Reporting by Charities (FRS102). The directors 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. In accordance with company law, as the company’s directors, we certify that: • So far as we are aware, there is no relevant audit information of which the company’s auditors are unaware; and • As directors of the company, we have taken all steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.

Achievements and performance

Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The charity has achieved its objects set in their governing documents such as providing facilities for prayers and holding classes. The charity managed to put a P4 virus control technology in the mosque as a protective measure against Covid-19.

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Financial review

Financial review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity is showing a surplus on the movement in funds.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	It’s the charity policy to hold £20,000 in reserve to be able to cover any emergency expense or unexpected cost and to cover running costs when the income is low.
Amount of reserves held	Para 1.22	£20,000

Structure, governance and management

Description of charity’s trusts:
Type of governing document: for example, trust deed, memorandum and articles of association etc	Para 1.25	Memorandum and Articles incorporated 24 Dec 2013 as amended by special resolution. Registered at Companies House on 12 May 2017
How is the charity constituted? for example limited company, unincorporated association, CIO	Para 1.25	AlMarkaz Ul Islami ltd is a company limited by guarantee. It is registered as a standard charity with the Charity Commission.
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are appointed at the Annual General Meeting. When considering co-opting trustees, the Board has regard to the requirement for any specialist skills needed. Role/person descriptions for specific skills are produced and persons sought through various networks according to these specifications.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51	New trustees receive an induction pack to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the decision-making processes, the business plan and recent financial performance of the charity. At the first board meeting after becoming a trustee they are introduced to the other members of the board. Trustees are encouraged to attend appropriate external training events where these facilitate the undertaking of their role.

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Other optional information

A glance at AlMarkaz Ul Islami

AlMarkaz Ul Islami is a community hub which offers support to the local community in and around Bradford. The project was established in August 2010 (Ramadhan 1431) to serve and cater for the religious, educational, and social welfare needs of the local Muslim community in Bradford. AlMarkaz Ul Islami serves as a hub from which the community can access education, both secular and spiritual as well as other beneficial facilities that are locally and easily accessible to many. AlMarkaz Ul Islami

has launched various projects and continues to develop more services.

The institute provides an ideal opportunity for students to learn the Qur’an and Sunnah as well as allowing them to develop their own character according to the teachings of the Prophet Muhammad (Peace be upon him).

The primary aim of the staff at AlMarkaz Ul Islami is to equip students with the highest level of understanding regarding their faith, both morally and spiritually.

Although the advancement of education is a major object for the institute, AlMarkaz Ul Islami also holds importance to other activities. It provides a location for the local Muslim community to aggregate in order to pray and celebrate religious festivals. It also provides a location to hold events for the local community, such as eid activities, summer activities for kids, fun evenings for ladies and children, among others, and to fundraise funds for projects and/or charities. As part of the services for the local community, AlMarkaz Ul Islami has a clinic that offers homeopathic services in order to help with acute and/or chronic conditions, mental / emotional disorders and injuries.

As a way to create bridges between the various local communities, AlMarkaz Ul Islami receives visits from other local communities such as St John’s Church. This helps create understanding between the various local communities.

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AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the Al Markaz Ul Islami Ltd trustees/directors/ members of On accounts for the year 31[st] December 2020 ended Charity no.: 1173153 Company no.: 08825895

Set out on pages 11 – 19 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 / 12 / 2020 . Responsibilities and As the charity’s trustees of the Company (who are also the directors of basis of report the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent examiner's The company’s gross income exceeded £250,000 and I am qualified to statement undertake the examination by being a qualified member of AAT. I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that: • accounting records were not kept in accordance with section 386 of the Companies Act 2006; or

the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or •the accounts have not been prepared in accordance with the Charities SORP (FRS102).

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Date: 01/10/21 Signed:[ A Q Khan] Name: Abdul Qudeir Khan Relevant professional FMAAT qualification(s) or body CPAA (if any): Address: Unit 27, Batley Enterprise Centre 513 Bradford Road Batley WF17 8LL

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Charity Name AlMarkazUl Islami Ltd	Charity Name AlMarkazUl Islami Ltd	CharityNo	1173153	1173153
		CompanyNo	8825895
Annual accounts for the period
Period start date	01.01.20	To	Period end date	31.12.20

Section A Statement of financial activities (including summary income and expenditure account)

Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05
67,713	7,939	-	75,652	42,358
-	-	-	-	-
183,674	1,070	-	184,744	238,183
-	-	-	-	-
442	-	-	442	759
-	-	-	-	-
251,829	9,009	-	260,838	281,300

105,624	-	-	105,624	158,601
92,670	9,009	-	101,679	136,719
7,511	-	-	7,511	8,003
-	-	-	-	-
205,805	9,009	-	214,814	303,323

46,024	-	-	46,024	22,023 -
			-
46,024	-	-	46,024	22,023 -
			-
46,024	-	-	46,024	22,023 -
			-
			-

			-
			-
46,024	-	-	46,024	22,023 -

53,985			53,985	76,008
100,009	-	-	100,009	53,985

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Charity Name Charity No 1173153 AlMarkaz Ul Islami Ltd Company No 8825895

Section B Balance sheet

Unrestricted funds £ F01	Restricted income funds £ F02	Endowment funds Total this year £ £ F03 F04	Endowment funds Total this year £ £ F03 F04	Total last year £ F05
			-	-
32,266			32,266	35,605
			-	-
			-	-
32,266	-	-	32,266	35,605

-			-	5,000
10,406			10,406	5,150
			-
88,332			88,332	32,988
98,738	-	-	98,738	43,138

13,995			13,995	7,758

84,743	-	-	84,743	35,380

117,009	-	-	117,009	70,985

17,000			17,000	17,000
-	-	-	-	-

100,009	-	-	100,009	53,985

			-	-
		-	-	-
100,009			100,009 -	53,985


100,009	-	-	100,009	53,985

The company was entitled to exemption from audit under s477 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 Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities • and with ✓ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with ✓ the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)

and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by ✓ FRS 102.*

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that Steady income. Surplus at the end of the year. No long support the conclusion that the charity is a term liabilities. going concern; Disclosure of any uncertainties that make Not applicable the going concern assumption doubtful; Where accounts are not prepared on a Not applicable going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.

Yes ✓ No ✓

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

Yes ✓ No ✓

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).

Yes ✓ No ✓

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Section C Notes to the accounts (cont)

Note 3 Income

----- Start of picture text -----
Restricted
Unrestricte income Endowmen
Analysis of income d funds funds t funds Total funds Prior year
£ £
Donations Donations and gifts 62,713 62,713 42,358
and Gift Aid -
-
legacies: Legacies
General grants provided by
government/other charities 5,000 7,939 12,939
Membership subscriptions and
sponsorships which are in substance
donations -
Donated goods, facilities and services -
Other -
Total 67,713 7,939 - 75,652 42,358
Other Fees
trading 164,190 164,190 221,855
activities: Food - -
Kitchen - - 2,506
Minibus 1,858 1,858 1,235
Wudu project 1,070 1,070
Goat project 6,330 6,330
Other 11,296 11,296 12,587
Total 183,674 1,070 - 184,744 238,183
Separate Interest receivable - -
material item Loyalty rewards 442 442 759
of income -
Total 442 - - 442 759
TOTAL INCOME 251,829 9,009 - 260,838 281,300
----- End of picture text -----

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Section C Notes to the accounts (cont)

Note 6 Expenditure

Unrestricted funds Restricted income funds Endowmen t funds Total funds Prior year £ £ Analysis of expenditure	Unrestricted funds Restricted income funds Endowmen t funds Total funds Prior year £ £ Analysis of expenditure	Unrestricted funds Restricted income funds Endowmen t funds Total funds Prior year £ £ Analysis of expenditure	Unrestricted funds Restricted income funds Endowmen t funds Total funds Prior year £ £ Analysis of expenditure	Unrestricted funds Restricted income funds Endowmen t funds Total funds Prior year £ £ Analysis of expenditure	Unrestricted funds Restricted income funds Endowmen t funds Total funds Prior year £ £ Analysis of expenditure
Incurred seekingdonations	-			-	508
Incurred seeking legacies				-
Advertising, marketing, direct mail and publicity	3,100			3,100	1,400
Other trading activities	66,284			66,284	104,476
Rent collection, property repairs and maintenance charges	36,240			36,240	52,217
Total expenditure on raising funds	105,624	-	-	105,624	158,601

Accountancy fees	1,200			1,200	1,200
Cleaning	250			250	128
Charity	300			300
Database project	2,500			2,500
Entertaining	-			-	50
Equipment expensed	-			-	332
Equipment hire	389			389	1,269
Event - graduation	2,601			2,601	1,908
Event - Milaad	-			-	2,270
Food & refreshments	493			493	6,737
Governance and administration	100			100	1,940
Grants to Pakistani organisations	-			-	250
Homeopathy	-			-	560
Independent examination	450			450	450
Information and publications	-			-	25,225
Insurance	4,554			4,554	5,494
Light and heat	21,513			21,513	26,685
Motor expenses	521			521	1,430
PAYE and NI	-			-	140
Software	-			-	30
Stationery, printing and postage	2,588			2,588	6,046
Study material	4,337			4,337	5,602
Subscriptions	-			-	80
Telephone and fax	1,756			1,756	2,463
Travel and subsistence	12,741			12,741	2,440
Wages and salaries	23,812	7,939		31,751	42,689
Waste collections	877			877	415
Water rates	5,328			5,328	885
Wudu project	2,360	1,070		3,430	-
Website	4,000			4,000
Total expenditure on charitable activities	92,670	9,009	-	101,679	136,718

Bank charges	2,428			2,428	3,727
Depreciation	3,585			3,585	3,956
Late filling penalty	-			-	150
DBS charge	180			180	-
Sundry	1,250			1,250	170
Ticket reimbursement	68			68
Total	7,511	-	-	7,511	8,003

	205,805	9,009	-	214,814	303,322

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Section C Notes to the accounts (cont)

Note 14 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 14.1 Cost or valuation

Note 14 Tangible fixed assets *Please complete this note if the charity has any tangible fixed assets* 14.1 Cost or valuation	Note 14 Tangible fixed assets *Please complete this note if the charity has any tangible fixed assets* 14.1 Cost or valuation	Note 14 Tangible fixed assets *Please complete this note if the charity has any tangible fixed assets* 14.1 Cost or valuation	Note 14 Tangible fixed assets *Please complete this note if the charity has any tangible fixed assets* 14.1 Cost or valuation	Note 14 Tangible fixed assets *Please complete this note if the charity has any tangible fixed assets* 14.1 Cost or valuation	Note 14 Tangible fixed assets *Please complete this note if the charity has any tangible fixed assets* 14.1 Cost or valuation	Note 14 Tangible fixed assets *Please complete this note if the charity has any tangible fixed assets* 14.1 Cost or valuation
Freehold land & buildings Other land & buildings Plant, machinery and motor vehicles Fixtures, fittings and equipment Total £ £ £ £ £ At the beginning of the year 50,700 50,700 Additions 247 247 Revaluations - Disposals - Transfers - At end of the year - - - 50,947 50,947 Basis* SL or RB SL or RB SL or RB RB SL or RB Straight Line ("SL") or Reducing Balance Rate 10% At beginning of the year 15,096 15,096 Disposals - Depreciation 3,585 3,585 Impairment - Transfers - At end of the year - - - 18,681 18,681 Net book value at the beginning of the year - - - 35,604 35,604 Net book value at the end of the year - - - 32,266 32,266 14.3 Net book value 14.2 Depreciation and impairments*
	SL or RB	SL or RB	SL or RB	RB	SL or RB	Straight Line ("SL") or Reducing Balance
				10%
	15,096 15,096 - 3,585 3,585 - - - - - 18,681 18,681 - - - 35,604 35,604 - - - 32,266 32,266
	-	-	-	35,604	35,604
	-	-	-	32,266	32,266

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

19.1 Analysis of debtors

19.1 Analysis of debtors
Total Trade debtors Prepayments and accrued income Other debtors	This year £	Last year £
	- 1,256.0 9,150.0	- - 5,150.0
	10,406.0	5,150.0

Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)

Total Trade debtors Prepayments and accrued income Other debtors	This year £	Last year £
	-	-
	-	-
	9,150.0	5,150.0
	9,150.0	5,150.0

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

20.1 Analysis of creditors

Amounts falling due within one year	Amounts falling due within one year	Amounts falling due after more than one year	Amounts falling due after more than one year
This year £	Last year £	This year £	Last year £




4,002	3,763	17,000	17,000
2,344	1,737
7,649	2,258
13,995	7,758	17,000	17,000

AlMarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2020

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Note 24 Cash at bank and in hand
Other Short term deposits Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date)	This year £	Last year £
	-	-
	-	-
	88,332	32,988
	-	-
	88,332	32,988