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2021-12-31-accounts

Z A H E E R & C O M P A N Y

CHARTERED CERTIFIED ACCOUNTANTS AND REGISTERED AUDITORS

DARUS SALAM MOSQUE AND ISLAMIC CENTRE CHARITABLE INCORPORATED ORGANISATION TRUSTEES' REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 CHARITY REGISTRATION NO: 1181237

63 Kingsway - Burnage - Manchester M19 2LL Tel: 0161 - 248 9898 - Fax: 0161 - 248 9899 - E-mail: farroukh@zaheerandco.com - www.zaheerandco.co.uk VAT Registration Number: 741 2871 39

Partners: Mr. Farroukh Zaheer (FCCA), Mrs. Neelam Zaheer

DARUS SALAM MOSQUE AND ISLAMIC CENTRE

CONTENTS

Page
Directors / Trustees 1
Independent Review 2
Income and Expenditure Account 3
Balance Sheet 4
Notes to the accounts 5 - 7

DARUS SALAM MOSQUE AND ISLAMIC CENTRE

TRUSTEES AND PROFESSIONAL ADVISORS

TRUSTEES: MOHAMMED ABDUR RAHMAN DURUD ALI IMADUL IMAM CHOWDHURY REJAUL KORIM SUHEL SYED MAHBUBUR RAHMAN KHALID AHMED MD SHAHED HOSSAIN MD MAHBUBUR RAHMAN AMDADUL HAQUE BUSINESS ADDRESS: 43-47 SLADE LANE LONGSIGHT MANCHESTER M13 OQJ

BANKERS: BARCLAYS BANK LONSIGHT SHOPPING CENTRE 537 STOCKPORT ROAD MANCHESTER M12 4JH

AL RAYAN BANK PLC PO BOX 12461 BIRMINGHAM B16 6AQ ACCOUNTANTS: ZAHEER AND COMPANY 63 KINGSWAY BURNAGE MANCHESTER M19 2LL

Page 1

INDEPENDENT EXAMINER’S REPORT

TO THE TRUSTEES OF DARUS SALAM MOSQUE AND ISLAMIC CENTRE

I report on the accounts of the Darus Salam Mosque and Islamic Centre, registered charity number 1181237 for the accounts year ended 31st December 2020 which are set out on pages 6 to 12.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity's trustees are responsible for the preparation for the accounts in accordance with the requirement of the Charities Act 2011 (''the Act''). The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.

It is my responsibility to:

BASIS OF INDEPENDENT EXAMINER'S REPORT:

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

INDEPENDENT EXAMINER’S STATEMENT:

In connection with our examination, no matter has come to my attention;

(1) which gives me reasonable cause to believe that in any material respect the requirements

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mr. Farroukh Zaheer (FCCA) Zaheer and Company Chartered Certified Accountants and Registered Auditors 63 Kingsway Burnage Manchester M19 2LL Date:

Page 2

Darus Salam Mosque and Islamic Centre Receipt and Expenditure Account for the year ended 31/12/2021

Darus Salam Mosque and Islamic Centre
Receipt and Expenditure Account
for the year ended 31/12/2021
Notes
INCOME AND ENDOWMENTS
DONATIONS AND LEGACIES
1
FEES AND REGISTRATIONS
1
RENTAL INCOME
1
JOB RETENTION SCHEME
1
TOTAL INCOME
LESS: EXPENDITURE
EXPENDITURE ON RAISING FUNDS
4
EXPENDITURE ON CHARITABLE ACTIVITIES
4.1
TOTAL EXPENDITURE
NET INCOME / EXPENDITURE
TOTAL FUNDS BROUGHT FORWARD
TOTAL FUNDS CARRIED FORWARD
Unrestricted
funds
Restricted
funds
Endowment
Total
£
£
£
£
72,207
-
-
72,207
2,388
-
-
2,388
8,000
-
-
8,000
12,060
-
-
12,060
2021
2020
Total
38,785
4,770
-
15,142
94,655
-
-
94,655
58,697
144
-
-
144
52,809
-
-
52,809
476
45,087
52,952
-
-
52,952
45,564
41,702
-
-
41,702
224,222
-
-
224,222
265,924
-
-
265,924
13,133
211,089
224,222

Page 3

Darus Salam Mosque and Islamic Centre Balance Sheet As at 31st December 2021

Notes
FIXED ASSETS
Tangible Assets
5
CURRENT ASSETS
Cash at bank and in hand
6
CURRENT LIABILITIES
Creditors: amount falling due within
7
one year
NET CURRENT ASSETS
TOTAL ASSET LESS CURRENT LIABILITIES
Creditors: amount falling due more than
one year
TOTAL NET ASSETS
THE FUNDS OF THE CHARITY:
Unrestricted Funds:
8
Restricted Funds:
TOTAL CHARITY FUNDS
£
£
238,869
55,328
55,328
3,773
51,555
290,424
24,500
265,924
265,924
-
265,924
2021
£
£
238,869
55,328
55,328
3,773
51,555
290,424
24,500
265,924
265,924
-
265,924
2021
£
£
239,317
239,317
27,476
27,476
1,571
1,571
25,905
265,222
41,000
224,222
224,222
-
224,222
2020
£
£
239,317
239,317
27,476
27,476
1,571
1,571
25,905
265,222
41,000
224,222
224,222
-
224,222
2020
239,317
25,905
55,328
3,773
27,476
1,571
1,571
290,424
24,500
265,222
41,000
265,924 224,222
265,924
-
265,924
224,222
-
224,222

For the year ending 31tst December 2021 the charity was entitled to exemption from audit under charities Act 2011.

Trustees' responsibility:

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006, with the Financial Reporting Standard for Smaller Entities (effective April 2008) and FRS 102 SORP. The Charity is subject to Independent Examination under charity legislation, and the report is on page '4'.

Approved on behalf of the Board

We approve these accounts and confirm that we have made available all the information and explanations for their preparation.

Trustee(s):

MOHAMMED ABDUR RAHMAN

Page 4

Darus Salam Mosque and Islamic Centre Notes to the Accounts for the year ended 31/12/2021

Note: 1
INCOME AND ENDOWMENTS
Donations and Legacies
Fees and Registration
Rental Income
Job Retention Scheme
Unrestricted
Restricted
Endowment
Total
72,207
-
-
72,207
2,388
-
-
2,388
8,000
-
-
8,000
12,060
-
-
12,060
94,655
-
-
94,655
2021
2020
38,785
4,770
15,142
58,697

Note: 2 ACCOUNTING POLICIES

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with Recommended Accounting Practice 2015', (FRS 102 SORP), and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRSSE SORP 2015 in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Accounting convention

The financial statements are prepared, on a going concern basis, under the historical cost convention. The charity is mainly dependent on continuing donations and as a consequence the going concern basis is also dependent on the continuing of donations.

Incoming resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.

Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.

Recognition of liabilities and expenditure

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fund raising purposes.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

All costs are allocated between the expenditure categories of Statement of financial activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly , and others are apportioned on an appropriate basis.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Page 5

Note: 2.1

LIABILITY TO TAXATION

As a registered charity, the organisation is exempt from income and corporation tax to the extent that its income and gains are applied towards the charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

Note: 3
STAFF COSTS
Gross Salaries
The average numbers of employees
during the year were:
Administration
Volunteers
Total
21,246
-
-
21,246
21,246
-
-
21,246
Number
Total
1
1
11
11
2021
2020
Total
24,026
24,026
Total
2
5

Note: 3.1 TRUSTEES REMUNERATION

All trustees provide their services to the charity free of charge without any remuneration.

Note: 4 EXPENDITURE ON RAISING FUNDS

Basis of
allocation
Unrestricted
Restricted
Endowment
Total
Events Expenditure
Usage
144
-
-
144
Printing, Postage & Stationery
Usage
-
-
-
-
144
-
-
144
Note: 4.1
EXPENDITURE ON CHARITABLE ACTIVITIES
Wages and Salaries
Usage
21,246
-
-
21,246
Accountancy
Usage
730
-
-
730
Legal & Professional
Usage
2,790
-
-
2,790
-
-
-
SUPPORT COSTS:
-
-
-
Repairs & Maintenance
Usage
11,002
-
-
11,002
Advertising
Usage
352
-
-
352
Insurance
Usage
1,309
-
-
1,309
Lighting and Heating
Usage
4,865
-
-
4,865
Rent and rates
Usage
1,279
-
-
1,279
Telephone & Internet
Usage
395
-
-
395
Depreciation
Usage
2,179
-
-
2,179
Bank Charges
Usage
946
-
-
946
Cleaning
Usage
1,190
-
-
1,190
Health and Safety
Usage
3,534
-
-
3,534
Sundries
Usage
56
-
-
56
Printing, Postage & Stationery
Usage
935
-
-
935
52,809
-
-
52,809
Total
150
326
476
24,026
480
8,333
2,673
-
1,279
3,847
45
912
2,205
260
244
-
537
246
45,087

Page 6

Note: 5
TANGIBLE ASSETS:
Building
Cost
At 1st Jan 2021
226,823
Addition
-
At 31st Dec 2021
226,823
Depreciation
At 1st Jan 2021
-
Charge for the year
At 31st Dec 2021
-
Net Book Value
At 31st Dec 2021
226,823
At 31st Dec 2020
226,823
Note: 6
CASH AT BANK AND IN HAND
Cash at bank and in hand
Note: 7
CREDITORS: Amount falling due within one year
Accruals
Creditors
CREDITORS: Amount falling due more than one year
Loan
Note: 8
ACCUMULATED FUNDS
Unrestricted
Opening Funds as at 01/01/2021
224,222
Net income/expenditure
41,702
Closing funds as at 31/12/2021
265,924
Building
226,823
-
Fixtures &
Fittings
Office
Equipment
Total
17,469
-
244,292
-
1,731
1,731
17,469
1,731
246,023
4,975
-
4,975
1,874
304
2,179
6,849
304
7,153
10,620
1,426
238,869
12,494
-
239,317
2021
55,328
55,328
780
2,993
3,773
24,500
24,500
Restricted
Endowment
Total
-
-
224,222
-
-
41,702
-
-
265,924
2020
244,292
-
226,823 244,292
- 2,770
2,205
- 4,975
239,317
241,522
2020
27,476
27,476
550
1,021
1,571
41,000
41,000
Unrestricted
224,222
41,702
Restricted
Endowment
Total
-
-
224,222
-
-
41,702
2020
211,089
13,133
265,924 -
-
265,924
224,222

Page 7