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← Almarkaz Ul Islami Ltd

2023-12-31-accounts

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2023

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 2023

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 2023

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 2023

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

From: 1[st] January 2023

To: 31[st] December 2023

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
charity is in the process of building a new
masjid. 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 2023

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 As we look back on the past year, we are filled
with gratitude for the steadfast support and
commitment of our community. The community
came together to ensure Almarkaz ul Islami
continues to serve as a vibrant hub for spiritual,
educational, and social activities.
This past year we have experienced a
significant progress in a number of areas. We
continued to offer a range of educational
programs, including our popular Islamic law
and traditional course, living with the Quran.

5

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2023

In addition, we made strides in improving our infrastructure and facilities. We completed renovations to our middle floor and created a media/studio room. Furthermore , we are also in the process of building a new masjid and educational facility. The classes are provided for children to understand Islam, the Quran and also to give spiritual guidance. The classes were held 5 days a week. Children were encouraged to learn the values of Islam and to achieve better cohesion in society. The classes were subsidised to make it easy for every child to attend. Extra classes for girls commenced in the year catering for older girls Through our media platform we continued to organise a range of programmes and events online. Our Zikr gathering continued throughout the year every Friday and Wednesday reviving spiritual development and purification

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 Standard registration 24 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.

6

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2023

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

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.

7

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2023

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-Muhsin Hassan
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-Muhsin Hassan Raza

Declarations

8

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2023

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 2023 ended

Charity no.: 1173153 Company no.: 08825895

Set out on pages
Responsibilities and
basis of report
Independent examiner's
statement		 11-12
I report to the charity trustees on my examination of the accounts of the
charitable company for the year ended31/12/2023.
As the charity’s trustees of the company (who are also the directors of
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.
The company’s gross income exceeded £250,000 and I am qualified to
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).

9

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2023

10

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2023

Charity Name
AlmarkazUl Islami Ltd		 Charity Name
AlmarkazUl Islami Ltd		 CharityNo
 1173153 1173153
CompanyNo 8825895
Annualaccountsforthe period
Period start date 01.01.23 To Period end
date		 31.12.23

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
Income (Note 3)
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
Total funds carried forward
Total
Net income/(expenditure) after tax
before investment gains/(losses)
Net income/(expenditure)
Transfers between funds
Other trading activities
Gains and losses on revaluation of fixed assets for the
charity’s own use
Charitable activities
Separate material expense item
Total funds brought forward
Raising funds
Separate material item of income
Other
Other
Income and endowments from:
Investments
Charitable activities		 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
425,202 - - 425,202 204,397
95,043 - - 95,043 164,927
- - - - -
- - - - -
- - - - -
478 - - 478 532
520,723 - - 520,723 369,856
77,322 - - 77,322 143,032
492,879 - - 492,879 204,588
- - - - -
10,689 - - 10,689 8,701
580,890 - - 580,890 356,321
60,167
-		 - - 60,167
-		 13,535
-
60,167
-		 - - 60,167
-		 13,535
-
60,167
-		 - - 60,167
-		 13,535
-
-
-
-
60,167
-		 - - 60,167
-		 13,535
211,350 211,350 195,555
151,183 - - 151,183 209,090

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 2023

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
- -
55,999 55,999 44,744
- -
- -
55,999 - - 55,999 44,744
- - -
12,254 12,254 12,434
-
113,002 113,002 161,291
125,256 - - 125,256 173,725
30,072 30,072 9,379
95,184 - - 95,184 164,346
151,183 - - 151,183 209,090
- - -
- - - - -
151,183 - - 151,183 209,090
- -
- - -
151,183 151,183
-		 209,090
151,183 - - 151,183 209,090

12

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2023

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 2023

Note 3 Income

Donations and gifts
Gift Aid
Legacies
General grants provided by government/other
charities
Membership subscriptions and sponsorships
which are in substance donations
Donated goods, facilities and services
Other
Total
Charitable
activities:
Fees
Room hire
Sale of books
Other
Total
Conversion of endowment funds into income
Gain on disposal of a tangible fixed asset held
for charity's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
property rights
Other
Total
Other:
TOTAL INCOME
Analysis of income
Donations
and
legacies:		 Analysis of income Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Donations and gifts 408,866 408,866 191,151
Gift Aid 4,412 4,412 12,927
Legacies -
General grants provided by government/other
charities		 - - - 319
Membership subscriptions and sponsorships
which are in substance donations		 11,924 11,924
Donated goods, facilities and services -
Other -
Total 425,202 - - 425,202 204,397
Fees 92,985 92,985 162,047
Room hire 1,920 1,920 2,880
Sale of books 138 138 -
Other - - -
Total 95,043 - - 95,043 164,927
Conversion of endowment funds into income -
Gain on disposal of a tangible fixed asset held
for charity's own use		 -
Gain on disposal of a programme related
investment		 -
Royalties from the exploitation of intellectual
property rights		 -
Other 478 478 532
Total 478 - - 478 532
520,723 - - 520,723 369,856

14

Almarkaz Ul Islami Ltd

Income and Expenditure Accounts for the year ended 31[st] December 2023 Note 6 Expenditure

Expenditure on
raising funds:
Expenditure on
charitable
activities		 Analysis of expenditure Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Incurred seeking donations 970 970 1,073
Incurred seeking legacies -
Advertising,marketing, directmailand 34,565 34,565 6,795
Start up costsincurredingenerating -
Database development costs -
Othertrading activities - - 100,181
Investmentmanagement costs: -
Rent collection, property repairs and
maintenance charges		 41,787 41,787 34,983
-
Total expenditure on raising funds 77,322
-		 - 77,322 143,032
Accountancy fees 1,350 1,350 1,350
Annual return 100 100 125
Bags for refugees - - 750
Books 1,396 1,396 2,346
Buidling work 154,300 154,300 48,058
Cleaning 635 635 1,223
Charitable donations - - 198
Collection box 2,115 2,115
Commissions paid 776 776
Delivery costs 80 80
Entertainment 358 358 -
Equipment expensed 490 490 500
Equipment hire 1,069 1,069 496
Events 4,857 4,857 -
Food and refreshments 3,727 3,727 2,200
Gift aid work charges 380 380 525
Gifts 5 5 78
Governance and administration 1,918 1,918 576
Independent examination 525 525 525
Insurance 6,415 6,415 8,089
Internet 105 105 -
Kajoor project - - 310
Light and heat 37,467 37,467 33,176
Media expenses 32 32 32
Motor expenses 7,413 7,413 3,382
PAYE & NI 2,802 2,802
Photos - - 917
Qurbani 770 770 -
Quran class 960 960 100
Ramadan dates - - 4,662
Rates 9,960 9,960 10,706
Software 811 811
Stationery, printing and postage 7,406 7,406 5,670
Structural engineer fees - - 250
Student sponsorship 8,400 8,400 4,900
Study material 4,511 4,511 3,767
Subscriptions 320 320 208
Summer activities 257 257 -
Telephone and fax 2,326 2,326 1,293
Training 8,490 8,490 2,392
Travel and subsistence 26,420 26,420 21,330
Volunteer expenses 146,529 146,529
Wages and salaries 45,854 - 45,854 40,122
Waste collections - - 959
Water 1,014 1,014 2,214
Website 36 - 36 359
West africa charity project 500 500
Zakat charity project - - 800
Total expenditure on charitable
activities		 492,879 - - 492,879 204,588

15

Almarkaz Ul Islami Ltd Income and Expenditure Accounts for the year ended 31[st] December 2023

TOTAL EXPENDIT
Other		 Bankcharges 2,587 2,587 2,981
Depreciation 6,222 6,222 4,296
DBS services 19 19 1,398
Sundry 1,861 1,861 26
Total other expenditure
URE		 10,689 - - 10,689 8,701
580,890 - - 580,890 356,321
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 525 525
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 2023

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
19,400 52,438 71,838
Additions
- 17,478 17,478
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 19,400 69,916 89,316
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
2,241 24,854 27,095
Disposals
-
Depreciation
1,716 4,506 6,222
Impairment
-
Transfers
-
At end of the year
- - 3,957 29,360 33,317
Net book value at the
beginning of the year
- - 17,159 27,584 44,743
Net book value at the
end of the year
- - 15,443 40,556 55,999
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
19,400 52,438 71,838
Additions
- 17,478 17,478
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 19,400 69,916 89,316
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
2,241 24,854 27,095
Disposals
-
Depreciation
1,716 4,506 6,222
Impairment
-
Transfers
-
At end of the year
- - 3,957 29,360 33,317
Net book value at the
beginning of the year
- - 17,159 27,584 44,743
Net book value at the
end of the year
- - 15,443 40,556 55,999
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
19,400 52,438 71,838
Additions
- 17,478 17,478
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 19,400 69,916 89,316
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
2,241 24,854 27,095
Disposals
-
Depreciation
1,716 4,506 6,222
Impairment
-
Transfers
-
At end of the year
- - 3,957 29,360 33,317
Net book value at the
beginning of the year
- - 17,159 27,584 44,743
Net book value at the
end of the year
- - 15,443 40,556 55,999
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
19,400 52,438 71,838
Additions
- 17,478 17,478
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 19,400 69,916 89,316
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
2,241 24,854 27,095
Disposals
-
Depreciation
1,716 4,506 6,222
Impairment
-
Transfers
-
At end of the year
- - 3,957 29,360 33,317
Net book value at the
beginning of the year
- - 17,159 27,584 44,743
Net book value at the
end of the year
- - 15,443 40,556 55,999
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
19,400 52,438 71,838
Additions
- 17,478 17,478
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 19,400 69,916 89,316
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
2,241 24,854 27,095
Disposals
-
Depreciation
1,716 4,506 6,222
Impairment
-
Transfers
-
At end of the year
- - 3,957 29,360 33,317
Net book value at the
beginning of the year
- - 17,159 27,584 44,743
Net book value at the
end of the year
- - 15,443 40,556 55,999
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
19,400 52,438 71,838
Additions
- 17,478 17,478
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 19,400 69,916 89,316
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
2,241 24,854 27,095
Disposals
-
Depreciation
1,716 4,506 6,222
Impairment
-
Transfers
-
At end of the year
- - 3,957 29,360 33,317
Net book value at the
beginning of the year
- - 17,159 27,584 44,743
Net book value at the
end of the year
- - 15,443 40,556 55,999
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
19,400 52,438 71,838
Additions
- 17,478 17,478
Revaluations
-
Disposals
-
Transfers
-
At end of the year
- - 19,400 69,916 89,316
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
2,241 24,854 27,095
Disposals
-
Depreciation
1,716 4,506 6,222
Impairment
-
Transfers
-
At end of the year
- - 3,957 29,360 33,317
Net book value at the
beginning of the year
- - 17,159 27,584 44,743
Net book value at the
end of the year
- - 15,443 40,556 55,999
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%
2,241 24,854 27,095
-
1,716 4,506 6,222
-
-
- - 3,957 29,360 33,317
- - 17,159 27,584 44,743
- - 15,443 40,556 55,999
- - 17,159 27,584 44,743
- - 15,443 40,556 55,999

17

Almarkaz Ul Islami Ltd

Income and Expenditure Accounts for the year ended 31[st] December 2023

Note 19 Debtors and prepayments

19.1 Analysis of debtors

Total
Trade debtors
Prepayments and accrued income
Other debtors		 This year
£		 Last year
£
5,000.0 5,718.0
- -
7,254.0 6,716.0
12,254.0 12,434.0

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(loans)
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
£
7,781 9,088 - -
291 291
22,000 -
30,072 9,379 - -

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
£
- -
- -
113,002 161,291
- -
113,002 161,291

18