AL HAFIDHOON LIMITED UNAUDITED FINANCIAL STATEMEh'TS R THE YEAR ENDED T 2022
AL HAFIDHOON LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
TRUSTEES AND EXECUTIVES
K Ahmed N Ali I Baksh
REGISTERED OFFICE
Second Floor Greencoat House 261-271 Stratford Road Birmingham B11 1QS
COMPANY NUMBER
10925410
CHARITY REGISTRATION NO.
1178844
ACCOUNTANTS
Accountancy Professionals (UK) Limited Financial Accountants 1 Monks Park Wembley Middlesex HA9 6JD
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AL HAFIDHOON LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
CONTENTS
| Pages | |
|---|---|
| 3 | Trustees' Report |
| 4 | Accountants' Report |
| 5 | Profit and Loss Account |
| 6 | Balance Sheet |
| 7-9 | Notes to the Financial Statements |
The following do not form part of the statutory financial statements:
10 Trading and Profit and Loss Account 11 Profit and Loss Account Summaries
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AL HAFIDHOON LIMITED TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2022
The trustees present their report and the financial statements of the company for the year ended 31 August 2022.
PRINCIPAL ACTIVITIES
The principal activities of the company continued to be the teaching and helping the community.
TRUSTEES
The directors who served during the year were as follows:
K Ahmed N Ali I Baksh
On behalf of the trustees/directors, we believe we have complied with our duty in section 4 of the Charities Act 2006 to have due regards to public benefit guidance published by the commission.
This report was approved by the board on 25 May 2023 and signed on their behalf.
Signed K Ahmed
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FINANCIAL ACCOUNTANTS' REPORT TO THE BOARD OF TRUSTEES> ON THE UNAUDITED FINANCIAL STATEMENTS OF AL HAFIDHOON LIMITED FOR THE YEAR ENDED 31 AUGUST 2022 CHARITY NO 1178844
Respective responsibilities of trustees and examiner:
The charity's trustees are responsible for the prepration of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
. examine the accounts under section 145 of the Charities Act.
. to follow the procedures laid down in general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act and
. to state whether particular matter have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general Directions given by Charity Commission. An examination includes a review of the accounting records kept by the charity and a compariosn of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opionion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connectin with my examination, no matter has come to my attenion
-
which gives me reasonable cause to believe that in, any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the Charities Act, and
-
to prepare accounts which accord with accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
M Ahmed Fellow of Institute of Financial Accountants Accountancy Professionals (UK) Limited
1 Monks Park Wembley Middlesex HA9 6JD
25 May 2023
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AL HAFIDHOON LIMITED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022
| Note | 2022 | 2021 | |||
|---|---|---|---|---|---|
| £ | £ | ||||
| TURNOVER | 108,905 | 79,791 | |||
| Cost of sales | 46,823 | 26,942 | |||
| GROSS PROFIT | 62,082 | 52,849 | |||
| Net operating expenses | 60,608 | 49,530 | |||
| OPERATING PROFIT | 1,474 | 3,319 | |||
| PROFIT ON ORDINARY ACTIVITIES BEFORE | |||||
| TAXATION | 1,474 | 3,319 | |||
| Tax on ordinary activities | 2 | - | - | ||
| PROFIT FOR THE FINANCIAL YEAR | £ | 1,474 | £ | 3,319 |
The notes on pages 7-9 form part of these financial statements
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AL HAFIDHOON LIMITED
Company registered number: 10925410 BALANCE SHEET AT 31 AUGUST 2022
| Note FIXED ASSETS Tangible assets 3 CURRENT ASSETS Debtors 4 Cash at bank and in hand CREDITORS: Amounts falling due within one year 5 NET CURRENT ASSETS NET ASSETS CAPITAL AND RESERVES Called up share capital 6 Profit and loss account (Unrestricted) 7 SHAREHOLDERS FUNDS |
2022 2021 £ £ £ 8,427 5,587 4,500 239 1,474 6,145 5,974 6,384 5,388 4,432 586 1,952 9,013 £ 7,539 £ 4 4 9,009 7,535 9,013 £ 7,539 £ |
2021 £ 5,587 |
|---|---|---|
| 239 6,145 |
||
| 6,384 4,432 |
||
| 1,952 |
In approving these financial statements as directors of the company we hereby confirm the following:
For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
1) The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 in accordance with section 476 of the Companies Act 2006.
2) the directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The accounts were approved by the board of directors on 25 May 2023
K Ahmed, Director
The notes on pages 7-9 form part of these financial statements
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AL HAFIDHOON LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022
1. ACCOUNTING POLICIES
1a. Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Tangible fixed assets
Fixed assets are shown at historical cost.
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery Reducing balance 25% Vehicles Reducing balance 25% Fixtures and fittings Reducing balance 15% Equipment Reducing balance 15%
1c. Taxation
Corporation tax payable is provided on taxable profits at the current rate.
1d. Turnover
Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.
2. TAX ON PROFIT ON ORDINARY ACTIVITIES
There is no taxation liability on the result on ordinary activities.
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AL HAFIDHOON LIMITED NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022
3. TANGIBLE FIXED ASSETS
| Other Tangible Assets Total £ £ Cost At 1 September 2021 7,082 7,082 Additions 4,327 4,327 At 31 August 2022 11,409 11,409 Depreciation At 1 September 2021 1,495 1,495 For the year 1,487 1,487 At 31 August 2022 2,982 2,982 Net Book Amounts At 31 August 2022 8,427 £ 8,427 £ At 31 August 2021 5,587 £ 5,587 £ 4. DEBTORS 2022 2021 £ £ Other debtors 4,500 239 4,500 £ 239 £ 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 £ £ Other creditors 5,388 4,432 5,388 £ 4,432 £ 6. SHARE CAPITAL 2022 2021 £ £ Allotted, issued and fully paid: 4 Ordinary shares of £1 each 4 £ 4 £ |
Total £ 7,082 4,327 |
|
|---|---|---|
| 11,409 | ||
| 1,495 1,487 |
||
| 2,982 | ||
| 8,427 | ||
| 5,587 | ||
| 2021 £ 239 239 £ 2021 £ 4,432 |
2021 £ 239 |
|
| 2021 £ 4,432 |
||
| 4,432 | ||
| 2021 £ 4 £ |
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AL HAFIDHOON LIMITED NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022
7. RECONCILIATION OF RESERVES (UNRESTRICTED)
| RECONCILIATION OF RESERVES (UNRESTRICTED) |
||
|---|---|---|
| Profit | ||
| & loss | ||
| account | ||
| £ | ||
| At 1 September 2021 | 7,535 | |
| Profit for the year | 1,474 | |
| At 31 August 2022 (Unrestricted) | £ | 9,009 |
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AL HAFIDHOON LIMITED TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022
| Turnover Cost of sales: Charitable activities Gross profit Less: Administrative expenses Depreciation and amortisation Net profit for the year before taxation Net profit for the year after taxation Retained profits brought forward Retained profits carried forward |
2022 £ £ 108,905 46,823 46,823 46,823 62,082 59,121 1,487 60,608 1,474 1,474 7,535 9,009 £ |
2021 £ £ 79,791 26,942 26,942 26,942 52,849 48,544 986 49,530 3,319 3,319 4,216 7,535 £ |
|---|---|---|
This page does not form part of the Company's Statutory Financial Statements and is prepared for the information of the Directors only.
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AL HAFIDHOON LIMITED PROFIT AND LOSS ACCOUNT SUMMARIES FOR THE YEAR ENDED 31 AUGUST 2022
| 2022 | 2021 | |||
|---|---|---|---|---|
| £ | £ | |||
| Administrative expenses: | ||||
| Rent and Rates payable | 14,805 | 19,295 | ||
| Insurance | 5,517 | 4,913 | ||
| Light and heat | 1,500 | - | ||
| Repairs & renewals | 9,145 | 1,966 | ||
| CJRS Grant | - | (3,835) | ||
| General wages | 16,219 | 14,432 | ||
| Management fee | - | 3,512 | ||
| Canteen | 323 | 759 | ||
| Recruitment & training | 630 | - | ||
| Computer server and software | 1,968 | 1,986 | ||
| Motor expenses | 7,517 | 1,915 | ||
| Travelling expenses | 184 | 521 | ||
| Accountancy | 120 | 120 | ||
| Printing, postage and stationery | 17 | 114 | ||
| Telephone | 1,035 | 1,113 | ||
| Sundry expenses | 134 | 44 | ||
| Security and safety | - | 242 | ||
| Bank charges | 7 | 1,447 | ||
| £ | 59,121 | £ | 48,544 | |
| Depreciation and amortisation: | ||||
| Depreciation of fixtures and equipment | 1,487 | 986 | ||
| £ | 1,487 | £ | 986 |
This page does not form part of the Company's Statutory Financial Statements and is prepared for the information of the Directors only.
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