**EASTSIDE CENTRE LIMITED Charity Registration Number: 1174965 Company Registration Number: 08769894**
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2021
## **REPORTING ACCOUNTANTS:**
AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA TEL: 020 7790 6111
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**EASTSIDE CENTRE LIMITED** FOR THE YEAR ENDED 30 NOVEMBER 2021
## **CONTENTS**
Information of financial Statements : Report of the Executive Committee : Statement of responsibilities of the Committee: Independent Examiner's Report : Income and Expenditure Accounts : Statement of Assets and Liabilities : Notes to the Accounts
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## **EASTSIDE CENTRE LIMITED**
FOR THE YEAR ENDED 30 NOVEMBER 2021
## **DIRECTORS**
Mr Abdul Quadir Mr Mohammed Sadruzzaman Khan Mr Moulana Shah Mizanul Haque Mr Moulana Sadiqur Rahman Mr Moulana Tayedul Islam Mr Maruf Ahmed Mr Abdul Kadir Mr Abdul Karim
REG. ADDRESS
234-235 Railway Arches Adjacent to 3 Boulcott Street London E1 0HR
BANKER HSBC BANK PLC
INDEPENDENT EXAMINER
AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA TEL: 020 7790 6111
## **Charity's Trustees/ Directors**
Mr Abdul Quadir Mr Moulana Tayedul Islam Mr Maruf Ahmed Mr Abdul Kadir Mr Moulana Shah Mizanul Haque Mr Moulana Sadiqur Rahman Mr Abdul Karim Mr Mohammed Sadruzzaman Khan
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**EASTSIDE CENTRE LIMITED** REPORT OF THE EXECUTIVE COMMITTEE
FOR THE YEAR ENDED 30 NOVEMBER 2021
The Directors present their report and financial statements for the year ended 30 November 202 The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities issued in 2005 in preparing the annual report and financial statements of the Charity.
## **Legal Status:**
Company: Limited by guarantee, company number: 08769894 Charity: Registered with the Charity Commission, Charity Number: 1174965
Directors and their interest:
The following served as directors of the company during the year:
Mr Abdul Quadir Mr Moulana Tayedul Islam Mr Maruf Ahmed Mr Abdul Kadir Mr Moulana Shah Mizanul Haque Mr Moulana Sadiqur Rahman Mr Abdul Karim Mr Mohammed Sadruzzaman Khan
## **Objects, Principal Activities and Organisation of the Charity**
The Charity is constituted as a company limited by guarantee, and is therefore governed by a memorandum and articles of association.
The Charity was established with aims & objectives as follows:
The Charity is constituted as a company limited by guarantee, and is therefore governed by a m and articles of association.
The Charity was established to advance the education of boys and girls and of the public in all a Islam and to advance the Islamic religion. The main activity has been that of running schools for Islamic education and this has not chang last report.
To advance education by the provision of supplementary and home work tuition classes. To prom harmony for the benefit of the public, to run prayer sessions, cultural activities, holiday play sche To run information, advice and guidance sessions for the benefit of the local disadvantaged comm affecting their lives. To run prayer sessions.
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## **Organisation:**
A Management Committee, the members of which are both directors and trustees manages the of the company and charity.
The Management Committee manages the business of the company and charity including the p of all expenses.
## **Trustees:**
Trustees, who are all members of the executive committee, and who served during the year are set out on page 3.
The trustees are elected at the Annual General Meeting, for membership of the Executive Comm and serve until the end of the next Annual General Meeting, where they can stand for re- elect as members of the new Executive Committee.
## **Directors and shareholding**
The directors do not have any shares in the company, the company being limited by guarantee. There was a change in the directorship of the company during the year under consideration
## **Directors’ responsibilities in relation to the financial statements**
The directors are required by company law to prepare financial statements for each financial y which give a true and fair view of the financial activities of the charity and of its financial posit the end of that year. In preparing those financial statements the directors are required to:
(a) select suitable accounting policies and apply them consistently;
(b) make judgements and estimates that are reasonable and prudent;
(c) state whether the policies adopted are in accordance with the Companies Act 1985 and w and statements of recommended practice, subject to any material departures disclosed and financial statements;
(d) prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in operation.
The directors are responsible for keeping proper accounting records which disclose with reasona the financial position of the charity and enable them to ensure that the financial statements com Companies Act 1985.
They are also responsible for safeguarding the assets of the charity and hence for taking reasona
for the prevention and detection of fraud and other irregularities.
This report, which has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 applicable to small companies.
## **INDEPENDENT EXAMINER**
According to the provisions of the Charities Act 1993, the Committee has agreed that and audit i financial year. However due to provisions of the same act an independent examiner is required.
## **Transaction and financial position**
The Statement of Financial Activities shows net deficit for the year of (£10,342) and our accumu funds stand at £29,096 in total.
AM Accountancy Services carried out an independent examination of the accounts included in th
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This report, which has been prepared in accordance with the Statement of Recommended Practic (SORP) Accounting and Reporting by Charities issued in 2005.
## **Approved by the director / trustees and signed on its behalf by**
……………………… Mr Mohammed Sadruzzaman Khan Director/Trustee Date: 15 July 2022
## **Accountants’ Report**
## **To the Directors / Trustees of EASTSIDE CENTRE LIMITED**
We report on the accounts for the year ended 30 November 2021 set out on pages 8 to 9 which under the historical cost convention and the accounting policies set out in note 1 to the financial
## **Respective Responsibilities of Directors and Accountants**
As described on page 4 and 5 the company’s directors are responsible for the preparation of th and they consider that the company is exempt from an audit. It is our responsibility to carry ou to enable us to report our opinion to you.
## **Basis of Opinion**
We conducted our work in accordance with the Statement of Standards for Reporting Accountant and so our procedures consisted of comparing the accounts with the accounting records kept by Company, and making such limited enquiries of the trustees and officers as we considered neces for the purpose of this report. These procedures provide only the assurance expressed in our opi
## **Opinion**
In our opinion:
- (a) The accounts are in agreement with the accounting records kept by the company under Co
- (b) Having regard only to, and on the basis of, the information contained in those accounts:
- (1) The accounts have been drawn up in a manner consistent with the accounting requirements of the Company Act, and
- (2) The company satisfied the conditions for the exemption from an audit of the accounts for th of the Act and did not, at any time within that year, fall within any of the categories of the co to the exemption specified of Company Act 2006.
AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA
Date: 16 July 2022
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## **EASTSIDE CENTRE LIMITED** INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 NOVEMBER 2021
||Unrestricted|Unrestricted|Restricted|
|---|---|---|---|
|||Fund|Fund|
||**£**||**£**|
|**Receipts**||||
|**Grants**||||
|**Local Council Grants**||-|27,285.9|
|All other Donations and Contributions|8,152.0||-|
|Grants ( East End Comm Forum)||-|14,500|
|TOTAL INCOME||8,152|41,786|
|**Less Payments**||||
|Wages abd NIC||-|-|
|Events, Activities and projects costs||-|1,945|
|Rent and Service Charges||3,982|-|
|Cleaning, Maintainance, Light and Heat||1,866||
|Freelance worker and volunteer expenses||-|5,210|
|Postage, Stationeries and advertising||95||
|Accountancy||500||
|Telephone & Internet||-||
|Legal & professional||-||
|Repairs|10,945||8,500|
|Bank charges||-||
|Rates and legal costs|||26,620|
|Insurance||617||
|Depreciation||-||
|TOTAL EXPENSES|18,005||42,275|
|**NET SURPLUS /(SHORTFALL)**|**-**|**9,853 - 489**||
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## **EASTSIDE CENTRE LIMITED**
## **BALANCE SHEET / STATEMENT OF ASSETS AND LIABILITIES AS AT 30 NOVEMBER 2021**
|**NOTE**
2021
**£**
**£**
**Fixed Assets**
Buildings Construction
2
74,211
**Current Assets**
Debtors
0
Cash at Bank & in Hand
5,263
5,263
**Current Liabilities**
Amount falling due to one year
3
- 690
5,953 4,573
**Current Liabilities**
Amounts Falling due after more than 1 year
Private Loan (Interest Free Loan)
4
-49688
NET CURRENT ASSETS / (LIABILITIES)
4,573
**TOTAL ASSETS LESS CURRENT LIABILITIES**
29,096
**FUNDS:**
Balance B/F
39,438
Income and Expenditure Account
- 10,342
**Total Funds**
29,096
The Notes on pages 8-9 form part of the fnancial statements.
For the year ending 30 November 2021 the company was entitled to exemption under section 4
Act 2006 relating to small companies.|**£**
0
5,263|
|2021
**£**
74,211
4,573
4,573|
|---|---|---|---|
||5,263
- 690|||
||5,953
-49688|||
||||29,096|
|||
-|39,438
10,342|
||||29,096|
The members have not required the company to obtain an audit in accourdance with section 476 Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Com with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accourdance with the micro-entity provisions and delivered the provisions applicable to companies subject to the small companies regime.
The directors acknowledge their responsibility for:
Page 8 of 41
- (i) ensuring the company keeps accounting records which comply with Company Act 2006; a
- (ii) preparing accounts which give a true and fair view of the state of the affairs of the compa the end of its financial year, and of its profit and loss for the financial year, in accordance w in part 15 of Company Act 2006 and which otherwise comply with the requirements of the C Act relating to accounts, so far as applicable to the company.
The Financial Statements were approved by the Directors on 15 July 2022 and signed on their b
…………………………..
Mr Moulana Tayedul Islam Director/Trustee
## **EASTSIDE CENTRE LIMITED FOR THE YEAR ENDED 30 NOVEMBER 2021 NOTES TO THE ACCOUNTS**
## **1. ACCOUNTING POLICIES**
The financial statements have been compiled in accordance with the general directions given and with the Statements of recommended Practice.
Depreciation on fixed assets are provided at the rate of 10% on reducing balance method
## **a. Basis of Accounting**
The accounts have been prepared under the historical cost convention of accounting. **b. Grants**
## Revenue grants are credited to the Income and Expenditure account on a receivable basis. **c. Donations**
Donation are recorded on a receipt basis.
## 2 Fixed Assets
Fix. Fitt. & EQP £
Building Construction - Balance Balance Brought Forward Additions
Depreciation
Balance Carried Forward
## **3. LIABILITIES**
_Amount failing due within one year_
Other Accruals
Accountancy
Amounts Falling due after more than 1 year 4 Private Loan (Interest Free Loan)
Balance B/F Additions Less paid during the year Balance C/F
Page 9 of 41
Page 10 of 41
Pages
io
Page 11 of 41
Page 12 of 41
21.
## memorandum
aspects of
ged since the
motion religious harmony emes for the young people. munity on issues
Page 13 of 41
e affairs
paying
e
mittee tion
ear tion at
with applicable standards explained in the
ble accuracy at any time mply with the
able steps
s not required for this
lated
he report.
Page 14 of 41
ce
have been prepared l statements.
he financial statements, ut procedures designed
ts, y the ssary nion.
ompanies Act 2006;
s specified
he year specified ompanies not entitled
Page 15 of 41
|
|2021
2020
Total
Total
**£**
**£**
- 11,500.0
27,285.9
8,152.0 8,806.0
14,500 -
- -|
|---|---|
||49,938 20,306|
- - 1,945 - 3,982 3,765 1,866 810 5,210 1,430 95 - 500 500 - - 13,895 19,445 - - - 26,620 - 617 748 - - - - 60,280 21,148 **- 10,342 - 842**
Page 16 of 41
## 2020
## **£**
74,211 3,077 11,851 - 14,928
- 1,101 13,827 - - 48,600 13,827 39,438
40,280 - 842 39,438
477 of the Companies
6 of the
panies Act 2006
in accordance with
Page 17 of 41
and ny as at ith the provision ompanies
behalf by:
by the Charity Commission
|Building||
|---|---|
|Construction|Total|
|**£**|**£**|
|74,211|74,211|
|74,211|74211|
|-||
|74,211|74211|
|**£**|**£**
190
500|
|---|---|
||690|
48600 12828 11740 49688
Page 18 of 41
## (a)
The Charity was established with a view to promoting the benefit of Bangladeshi people resident The Charity was established with in the UK or Bangladesh by:
Providing, promoting and assisting in the provision of education and training including a) Providing, promoting and assisting in the provis b) The relief of financial need and suffering among victims of natural or other kinds of disaster **A** in Bangladesh by such means as the trustees shall determin
The Charity was established with aims & objectives as follows: To promote the benefits of the Bangladeshi inhabitants living in England and Bangladesh To promote the benefits the following of the Bangladeshi charitable inhabitants living in purposes: England and Bangladesh the following charitable purposes a) The advancement of the education in Bangladesh by the provision of funds for the development of Islamic Educational Institutions. b) The advancement of Islamic Education c) The advancement of the education of talented and meritorious poor students in Bangladesh by the provisioas the trustees may from time to d) The promotion of racial harmony for the public benefits
e) The promotion of Religious harmony for the benefit of the public. f) Promoting knowledge and mutual understanding and respect of beliefs and practices of different religious faiths.
Depreciation · Office Depreciation on Fixed assets is provided at the rates estimat
equipment, furniture and fittings
15%
Depreciation on Fixed assets is provided at the rates estimated to write off the cost on reducing balance basis as follows:
are required by company law to prepare financial statements for each financial year which give a true and fair view of the financial activities of the charity and of its financial position at the end of that year. In preparing those financial statements the directors are required to: suitable accounting policies and apply them consistently; (b) make judgements and estimates that are reasonable and prudent; (c) state whether the policies adopted are in accordance with the Companies Act 1985 and with applicable standards and statements of recommended practice, subject to any material departures disclosed and explained in the financial statements;
financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in operation. proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 1985.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention Services carried out an independent examination of the accounts included in the report.
for the prevention and detection of fraud and other irregularities.
This report, which has been prepared in accordance with the special provisions
Companies Act 2006 applicable to small companies, was approved by the dire
We report on the accounts for the year ended 31 December under the historical cost convention and the accounting poli **Respective Responsibilities of Directors and Accountants**
As described on page 4 and 5 the company’s directors are re and they consider that the company is exempt from an aud **Basis of Opinion** to enable us to report our opinion We conducted
our work in accordance with the Statement of Accounting Standards for Reporting Accountants, and so our procedures consisted of comparing the accounts with the accounting records kept by the company, and making such limited enquiries of the directors and officers as we considered necessary for the purpose of this report. These procedures provide only the assurance expressed in our opinion.
## **Opinion**
In our opinion:
accounts are in agreement with the accounting records kept by the company under Companies Act 2006; (b) Having regard only to, and on the basis of, the information contained in those accounts: (1) The accounts have been drawn up in a manner consistent with the accounting requirements specified company satisfied the conditions for the exemption from an audit of the accounts for the year specified of the Act and did not, at any time within that year, fall within any of the cate to the exemption specified of Company Act 2006.
The Notes on pages 11 to 14 form part of the financial statements. year in question in accordance with section 476 of the Act. For the year ended 31 January 2012 the company was entitled to exemption under section 477 of the Companies Act 2006. No members have required the co
acknowledge their responsibility for: the company keeps accounting records which comply with Company Act 2006; and
(ii) preparing accounts which give a true and fair view of the state of the affairs of the company as at the end of its financial year, and of its profit and loss for the in part 15 of Company Act 2006 and which otherwise comply
The Financial Statements were approved by the Directors on 15 June 2011 and signed on their behalf by: Act relating to accounts, so far as applicable to the company
**Hafiz Moulana Mubarak Ali** DIRECTOR
For the year ending 31 July 2021 the company was entitled to exemption unde The members have not required the company to obtain an audit in accourdanc The directors acknowledge their responsibilities for complying with the require The accounts have been prepared in accourdance with the micro-entity provis
a view to promoting the benefit of Bangladeshi people resident
sion of education and training including
ne, for persons bodies organization affected.
time determine
ted to write off the cost on reducing balance basis as follows:
s of Part 15 of the
ectors on 15 June 2011.
2010 set out on pages 7 to 14 which have been prepared cies set out in note 1 to the financial statements.
esponsible for the preparation of the financial statements, it. It is our responsibility to carry out procedures designed n to you.
'gories of the companies not entitled
mpany to obtain an audit of its accounts for the
e financial year, in accordance with the provision y with the requirements of the Companies
y.
er section 477 of the Companies Act 2006 relating to small companies. ce with section 476 of the Companies Act 2006. ements of the Companies Act 2006 with respect to accounting records and the p ions and delivered in accordance with the provisions applicable to companies s
preparation of accounts. ubject to the small companies regime.
|Profts
Retained Earning
Fixed Assets
Current Assets
Debtors
Cash at Bank/Hand
Creditors|2022
2021
2020|
|---|---|
||£
£
£
6771
1910
-11158
20225
198454
222344
6330
2243
2795
323106
192542
399122
278020
146058
70947|
||601126
338600
470069
-372231
-112389
-220520|
|Net Current Assets|228895
226211
249549|
|Total Assets less Current
Liabilities
235225
228454
252344
Retained Profts
205225
198454
222344
Share Capital
30000
30000
30000
SH. Funds
235225
228454
252344
1/3 or 33%
78408.33
76151.33
84114.67
Goodwill ?
Bank Gurrentee
with natwest £75K
£75K
Deposited with IATA
And Biman
£25k||