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2021-12-31-accounts

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

Charity Assist Accountants Ltd

Certified Public Accountants and Charity Independent Examiners

Unit 27 Batley Enterprise Centre

513 Bradford Road Batley West Yorkshire

WF17 8LL

1

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

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

2

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

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

3

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

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

From: 1[st] January 2021

To: 31[st] December 2021

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 campuses. 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 to prepare the financial statements
in accordance with United Kingdom Generally
Accepted Accounting Practice (United Kingdom
AccountingStandards and applicable law).

4

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

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 During summer time the charity managed to
host a ladies annual fun day and a summer
holiday club which allowed children to spend
time enjoying physical activities, arts and crafts
and learning about healthy eating and living in
a safe controlled environment.
Furthermore, they hosted a Qawwali in
celebration of the Pakistan Independence day.
They also provided Kaffan packs ,with an aim
to ensure the burials of deceased Muslims are
conducted according to the Sunnah.

5

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

In addition, over 155 students were able to graduate with a Baccalaurete in Islamic Law and Traditional studies.

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.

6

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

Additional information

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.

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 2021

Reference and administrative details

Charity name Almarkaz Ul Islami ltd
Other name the charity
uses		 Al markaz Ul Islami ltd (old name)
Registered charity number 1173153
Charity’s principal address Almarkaz Ul Islami Ltd
SM Complex
Beckside Lane
Bradford
BD7 2JX

Names of the charity trustees who manage the charity

1
2
3		 Trustee name Office (if
any)		 Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Qazi Hassan Razza Director Board of Trustees
Mohammed Ishtaq Director Board of Trustees
Qazi Muazzam Raza Director Board of Trustees

– Corporate trustees names of the directors at the date the report was approved

Director name Qazi Hassan Razza Mohammed Ishtaq Qazi Muazzam Raza

Declarations

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Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

Independent examiner's report on the accounts

Section A Independent Examiner’s Report Report to the Almarkaz Ul Islami Ltd trustees/directors/ members of On accounts for the year 31[st] December 2021 ended

Charity no.: 1173153 Company no.: 08825895

Set out on pages 11-12

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31/12/2021 . 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 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

9

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

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.

[A Q Khan] Date: 27/09/2022 Signed: 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

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Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

Charity Name
AlmarkazUl Islami Ltd		 Charity Name
AlmarkazUl Islami Ltd		 CharityNo
 1173153 1173153
CompanyNo 8825895
Annualaccountsforthe period
Period start date 01.01.21 To Period end
date		 31.12.21

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

Guidance Note
S01
S02
S03
S04
S05
S06
S07
Expenditure (Notes 6)
Expenditure on:
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on
investments
S16
S17
Extraordinary items
S18
S19
S20
Other gains/(losses)
S21
S22
Reconciliation of
funds:
S23
S24
Other trading activities
Charitable activities
Raising funds
Separate material item of income
Other
Other
Income (Note 3)
Income and endowments from:
Investments
Total funds carried forward
Total
Net income/(expenditure) after tax
before investment gains/(losses)
Net income/(expenditure)
Transfers between funds
Gains and losses on revaluation of fixed assets for the
charity’s own use
Charitable activities
Separate material expense item
Total funds brought forward
Net movement in funds
Other recognised gains/(losses):
Net income/(expenditure) before tax for
the reporting period
Total
Recommended categories by activity
Donations and legacies		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
(restated)
£
£
£
£
£
F01
F02
F03
F04
F05		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
(restated)
£
£
£
£
£
F01
F02
F03
F04
F05		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
(restated)
£
£
£
£
£
F01
F02
F03
F04
F05		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
(restated)
£
£
£
£
£
F01
F02
F03
F04
F05		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
funds
(restated)
£
£
£
£
£
F01
F02
F03
F04
F05
221,167 3,718 - 224,885 75,652
160,656 - - 160,656 184,744
- - - - -
360 - - 360 442
- - - - -
- - - - -
382,183 3,718 - 385,901 260,838
133,554 - - 133,554 95,646
147,842 3,718 - 151,560 110,460
- - - - -
6,438 - - 6,438 7,512
287,834 3,718 - 291,552 213,618
94,349 - - 94,349 47,220
-
94,349 - - 94,349 47,220
-
94,349 - - 94,349 47,220
-
-
-
-
94,349 - - 94,349 47,220
101,206 101,206 53,986
195,555 - - 195,555 101,206

11

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

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

Section B Balance sheet

Guidance Note
Fixed assets
Intangible assets (Note 15)
B01
Tangible assets (Note 14)
B02
Heritage assets (Note 16)
B03
Investments (Note 17)
B04
Total fixed assets
B05
Current assets
Stocks (Note 18)
B06
Debtors (Note 19)
B07
Investments (Note 17.4)
B08
Cash at bank and in hand (Note 24)
B09
Total current assets
B10
Creditors: amounts falling due
within one year (Note 20)
B11
Net current assets/(liabilities)
B12
Total assets less current liabilities
B13
Creditors: amounts falling due after
one year (Note 20)
B14
Provisions for liabilities
B15
Total net assets or liabilities
B16
Funds of the Charity
Endowment funds (Note 27)
B17
Restricted income funds (Note 27)
B18
Unrestricted funds
B19
Revaluation reserve
B20
Fair value reserve
B21
Total funds
B22		 Unrestricted
funds
Restricted
income
funds
£
£
F01
F02		 Unrestricted
funds
Restricted
income
funds
£
£
F01
F02		 Endowment
funds
Total this
year
£
£
F03
F04		 Endowment
funds
Total this
year
£
£
F03
F04		 Total last
year
(restated)
£
F05
- -
37,050 37,050 32,266
- -
- -
37,050 - - 37,050 32,266
- - -
4,718 4,718 10,407
-
169,162 169,162 88,332
173,880 - - 173,880 98,739
15,375 15,375 12,799
158,505 - - 158,505 85,940
195,555 - - 195,555 118,206
- - 17,000
- - - - -
195,555 - - 195,555 101,206
- -
- - -
195,555 195,555
-		 101,206
195,555 - - 195,555 101,206

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.

ject to the small companies regime and in accordance with FRS102 SORP.
Signed by one or two trustees/directors on behalf of all the
trustees/directors
Signature of director authenticating accounts being sent to
Companies House		 Print Name Date of
approval
dd/mm/yyyy
MOHAMMED ISHTAQ 25/09/2022
Signature Date
dd/mm/yyyy
25/09/2022
Print name

12

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

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)

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 ✓

13

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

Note 3 Income

Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Donations and gifts
175,838
175,838 62,713
Gift Aid
25,176
25,176
Legacies
-
General grants provided by government/other
charities
20,153 3,718
23,871 12,939
Membership subscriptions and sponsorships
which are in substance donations
-
Donated goods, facilities and services
-
Other
-
Total 221,167 3,718
- 224,885 75,652
Fees
153,879
153,879 164,190
Minibus
-1,858
-
Wudu project
- 1,070
Goat project
-6,330
Room hire
2,560
2,560
Graduation
3,880
3,880
Other
337
337 11,296
Total 160,656
- -160,656 184,744
Interest income
-
Dividend income
-
Other
360
360 442
Total 360
- -360 442
382,183 3,718
-385,901260,838
Analysis of income
Donations
and
legacies:
TOTAL INCOME
Income from
investments:
Charitable
activities:		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Analysis of income		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Analysis of income		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Analysis of income		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Analysis of income		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Analysis of income		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Analysis of income
Donations and gifts 175,838 175,838 62,713
Gift Aid 25,176 25,176
Legacies -
General grants provided by government/other
charities		 20,153 3,718 23,871 12,939
Membership subscriptions and sponsorships
which are in substance donations		 -
Donated goods, facilities and services -
Other -
Total 221,167 3,718 - 224,885 75,652
Fees 153,879 153,879 164,190
Minibus - 1,858
-
Wudu project - 1,070
Goat project - 6,330
Room hire 2,560 2,560
Graduation 3,880 3,880
Other 337 337 11,296
Total 160,656 - - 160,656 184,744
Interest income -
Dividend income -
Other 360 360 442
Total 360 - - 360 442
382,183 3,718 - 385,901 260,838

14

Almarkaz Ul Islami Ltd

Income and Expenditure Accounts for the year ended 31[st] December 2021

Note 6 Expenditure

----- Start of picture text -----
Restricted
Unrestricted income Endowment
Analysis of expenditure funds funds funds Total funds Prior year
£ £
Expenditure on
Incurred seeking donations
raising funds: 2,779 2,779
Advertising, marketing, direct mail and 5,310 5,310 3,100
Start up costs incurred in generating -
Database development costs -
Other trading activities 65,663 65,663 66,284
Rent collection, property repairs and
maintenance charges 59,802 59,802 26,262
-
Total expenditure on raising funds 133,554 - - 133,554 95,646
Expenditure on Accountancy fees 1,200 1,200 1,200
charitable activities Awja dates project 5,050 5,050
Alimah expenses 416 416
Annual return 100 100
Buidling work 13,200 13,200
Cleaning 1,393 1,393 250
Charitable donations 800 800 300
Database project - - 2,500
Entertainment 709 709 -
Equipment expensed 109 109 -
Equipment hire 496 496 389
Event - graduation
5,149 5,149 2,601
Food and refreshments
5,780 5,780 493
Funday 560 560
Gifts
129 129
Governance and administration
200 200 100
Independent examination 450 450 450
Insurance
3,736 3,736 4,554
Internet
3,600 3,600
Light and heat
17,858 17,858 21,513
Medical expenses 32 32
Motor expenses
5,368 5,368 521
Planning fees 3,954 3,954 -
Rates
7,906 7,906 8,781
Soundproof
2,569 2,569
Stage 480 480 -
Stationery, printing and postage
1,410 1,410 2,588
Study material
1,378 1,378 4,337
Subscriptions 320 320 -
Summer activities
3,098 3,098
Telephone and fax
1,407 1,407 1,756
Travel and subsistence
24,954 24,954 12,741
Wages and salaries
30,794 3,718 34,512 31,751
Waste collections
2,304 2,304 877
Water rates
933 933 5,328
Wudu project - - - 3,430
Website - - 4,000
Total expenditure on charitable 147,842 3,718 -
activities 151,560 110,460
Other Bank charges 2,110 2,110 2,429
Depreciation 4,117 4,117 3,585
DBS charge 164 164 180
Sundry 47 47 1,250
Ticket reimbursement - 68
Total other expenditure 6,438 - - 6,438 7,512
TOTAL EXPENDITURE 287,834 3,718 - 291,552 213,618
----- End of picture text -----

15

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

Note 10 Details of certain types of expenditure Note 10 Details of certain types of expenditure Note 10 Details of certain types of expenditure Note 10 Details of certain types of expenditure Note 10 Details of certain types of expenditure
Note 10.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of
accounts and other services provided by your independent examiner. If nothing
was paid please enter '0' in the appropriate box(es).
This year Last year
£ £
Independent examiner’s fees 450 450
Assurance services other than independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services)
paid to the independent examiner

16

Almarkaz Ul Islami Ltd

Income and Expenditure Accounts for the year ended 31[st] December 2021

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
50,948 50,948
Additions
8,900 - 8,900
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 8,900 50,948 59,848
Basis*
SL or RB
SL or RB
RB
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
10%
10%
At beginning of the
year
18,681 18,681
Disposals
-
Depreciation
890 3,227 4,117
Impairment
-
Transfers
-
At end of the year
- - 890 21,908 22,798
Net book value at the
beginning of the year
- - - 32,267 32,267
Net book value at the
end of the year
- - 8,010 29,040 37,050
14.3 Net book value
14.2 Depreciation and impairments*		 Freehold land
& buildings
Other land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings and
equipment
Total
£
£
£
£
£
At the beginning of
the year
50,948 50,948
Additions
8,900 - 8,900
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 8,900 50,948 59,848
Basis*
SL or RB
SL or RB
RB
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
10%
10%
At beginning of the
year
18,681 18,681
Disposals
-
Depreciation
890 3,227 4,117
Impairment
-
Transfers
-
At end of the year
- - 890 21,908 22,798
Net book value at the
beginning of the year
- - - 32,267 32,267
Net book value at the
end of the year
- - 8,010 29,040 37,050
14.3 Net book value
14.2 Depreciation and impairments*		 Freehold land
& buildings
Other land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings and
equipment
Total
£
£
£
£
£
At the beginning of
the year
50,948 50,948
Additions
8,900 - 8,900
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 8,900 50,948 59,848
Basis*
SL or RB
SL or RB
RB
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
10%
10%
At beginning of the
year
18,681 18,681
Disposals
-
Depreciation
890 3,227 4,117
Impairment
-
Transfers
-
At end of the year
- - 890 21,908 22,798
Net book value at the
beginning of the year
- - - 32,267 32,267
Net book value at the
end of the year
- - 8,010 29,040 37,050
14.3 Net book value
14.2 Depreciation and impairments*		 Freehold land
& buildings
Other land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings and
equipment
Total
£
£
£
£
£
At the beginning of
the year
50,948 50,948
Additions
8,900 - 8,900
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 8,900 50,948 59,848
Basis*
SL or RB
SL or RB
RB
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
10%
10%
At beginning of the
year
18,681 18,681
Disposals
-
Depreciation
890 3,227 4,117
Impairment
-
Transfers
-
At end of the year
- - 890 21,908 22,798
Net book value at the
beginning of the year
- - - 32,267 32,267
Net book value at the
end of the year
- - 8,010 29,040 37,050
14.3 Net book value
14.2 Depreciation and impairments*		 Freehold land
& buildings
Other land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings and
equipment
Total
£
£
£
£
£
At the beginning of
the year
50,948 50,948
Additions
8,900 - 8,900
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 8,900 50,948 59,848
Basis*
SL or RB
SL or RB
RB
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
10%
10%
At beginning of the
year
18,681 18,681
Disposals
-
Depreciation
890 3,227 4,117
Impairment
-
Transfers
-
At end of the year
- - 890 21,908 22,798
Net book value at the
beginning of the year
- - - 32,267 32,267
Net book value at the
end of the year
- - 8,010 29,040 37,050
14.3 Net book value
14.2 Depreciation and impairments*		 Freehold land
& buildings
Other land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings and
equipment
Total
£
£
£
£
£
At the beginning of
the year
50,948 50,948
Additions
8,900 - 8,900
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 8,900 50,948 59,848
Basis*
SL or RB
SL or RB
RB
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
10%
10%
At beginning of the
year
18,681 18,681
Disposals
-
Depreciation
890 3,227 4,117
Impairment
-
Transfers
-
At end of the year
- - 890 21,908 22,798
Net book value at the
beginning of the year
- - - 32,267 32,267
Net book value at the
end of the year
- - 8,010 29,040 37,050
14.3 Net book value
14.2 Depreciation and impairments*		 Freehold land
& buildings
Other land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings and
equipment
Total
£
£
£
£
£
At the beginning of
the year
50,948 50,948
Additions
8,900 - 8,900
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 8,900 50,948 59,848
Basis*
SL or RB
SL or RB
RB
RB
SL or RB
Straight
Line ("SL")
or Reducing
Balance
("RB")
 Rate
10%
10%
At beginning of the
year
18,681 18,681
Disposals
-
Depreciation
890 3,227 4,117
Impairment
-
Transfers
-
At end of the year
- - 890 21,908 22,798
Net book value at the
beginning of the year
- - - 32,267 32,267
Net book value at the
end of the year
- - 8,010 29,040 37,050
14.3 Net book value
14.2 Depreciation and impairments*
SL or RB SL or RB RB RB SL or RB Straight
Line ("SL")
or Reducing
Balance
("RB")
10% 10%
18,681 18,681
-
890 3,227 4,117
-
-
- - 890 21,908 22,798
- - - 32,267 32,267
- - 8,010 29,040 37,050
- - - 32,267 32,267
- - 8,010 29,040 37,050

17

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2021

Note 19 Debtors and prepayments

19.1 Analysis of debtors

Total
Trade debtors
Prepayments and accrued income
Other debtors		 This year
£		 Last year
£
4,718.0 10,407.0
- -
- -
4,718.0 10,407.0

Note 20 Creditors and accruals

20.1 Analysis of creditors


Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts
or performance-related grants
Accruals and deferred income
Taxation and social security
Other creditors
Total		 Amounts falling due
within oneyear		 Amounts falling due
within oneyear		 Amounts falling due after
more than oneyear		 Amounts falling due after
more than oneyear
This year
£		 Last year
£		 This year
£		 Last year
£
17,000
7,935 4,859 - -
291 291
7,149 7,649
15,375 12,799 - 17,000

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
£
- -
- -
169,162 88,332
- -
169,162 88,332

18