**REGISTERED CHARITY NUMBER: 1181716**
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021 FOR MARKAZ US-SUNNAH**
Infinity Accountants Chartered Certified Accountants
27 Coniston Gardens Pinner Middlesex HA5 2JN
**MARKAZ US-SUNNAH**
## **CONTENTS OF THE FINANCIAL STATEMENTS THE YEAR ENDED 30 SEPTEMBER 2021**
||Page|
|---|---|
|Report of the Trustees|1 to 2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6 to 7|
|Detailed Statement of Financial Activities|8|
## **MARKAZ US-SUNNAH**
## **REPORT OF THE TRUSTEES THE YEAR ENDED 30 SEPTEMBER 2021**
The trustees present their report with the financial statements of the charity for the year ended 30 September 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1181716
## **Principal address**
500a Sunleigh Road Wembley Middlesex HA0 4NF
## **Trustees**
Mr Yasser Ali Mr Abderrahman Mehbali Mr Imran Janjooa Mr Fahim Ashraf Mr Yusuf Osman
## **Independent examiner**
Infinity Accountants Chartered Certified Accountants 27 Coniston Gardens Pinner Middlesex HA5 2JN
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
Markaz Us-Sunnah is established as a Charitable Incorporated Organisation (CIO) and is controlled by its governing document, the constitution dated 1 January 2018.
## **Risk management and investment policy**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees have made no risk related investments. A formal review is undertaken regularly to ensure that all surplus funds are invested in bank and building society accounts at best rates of interest.
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## **MARKAZ US-SUNNAH**
## **REPORT OF THE TRUSTEES THE YEAR ENDED 30 SEPTEMBER 2021**
## **OBJECTIVES AND ACTIVITIES**
## **Charitable objective**
The object of the Charity is to advance the religion of Islam in the South East of England and North West Greater London, for the benefit of the public through the holding of prayer meetings, lectures, public celebration of religious festivals, provision of education including instruction of religious practices to minors and adults in the religion of Islam, producing, sale and/or distribution of books and literature on Islam to enlighten others about the religion of Islam.
## **Activities and events during the year**
The Charity has served the community by undertaking the following activities:
- Pubic celebrations in local parks on the occasion of Eid. The charity held Eid congregations in the park twice and has increased recognition of the community work.
- Regular propagation stalls encouraging anti-extremism. We invest our time and effort on a weekly program in setting up stalls for free distribution of leaflets and booklets calling to the religion of Islam and promoting anti-extremism.
- Holding lectures and conferences for all ages and sexes, teaching the correct manners and cohesion in society.
- Allow free public access to a library of literature at our premises.
- Holding annual barbecues for the youth of our community.
## **FINANCIAL REVIEW**
During the year the Charity received total donations of £69,821 and Covid-19 Grant of £27,286. The net surplus of the charity for the year was £11,702. Total funds as at the balance sheet date were £69,967.
## **RESPONSIBILITIES OF THE TRUSTEES**
The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)
Approved by order of the board of trustees on 22 July 2022 and signed on its behalf by:
**----- Start of picture text -----**
….....................................
**----- End of picture text -----**
Mr Fahim Ashraf - Trustee
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## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MARKAZ US-SUNNAH**
I report on the accounts for the year ended 30 September 2021, which are set out on pages four to eight.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the 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.
My role is to state whether any material matters have come to my attention giving me cause to believe:
- 1) that accounting records were not kept as required by section 130 of the Act; or
- 2) that the accounts do not accord with those records; or
- 3) that the accounts do not comply with the accounting requirements of the Act; or
- 4) that there is further information needed for a proper understanding of the accounts.
## **Independent examiner's statement**
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.
Infinity Accountants Chartered Certified Accountants 27 Coniston Gardens Pinner Middlesex HA5 2JN
22 July 2022
3
## **MARKAZ US-SUNNAH**
## **STATEMENT OF FINANCIAL ACTIVITIES THE YEAR ENDED 30 SEPTEMBER 2021**
|**INCOMING RESOURCES**
**Income and endowment from:**
Donations and legacies
Government grants
**Total incoming resources**
**RESOURCES EXPENDED**
**Expenditure on**
Raising funds
Charitable activities
Governance costs
**Total resources expended**
**NET INCOMING RESOURCES**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|2021
Unrestricted
fund
£
69,821
27,286
97,107
612
83,572
1,221
85,405
11,702
58,265
69,967|2020
Unrestricted
fund
£
79,259
25,000|
|---|---|---|
|||104,259|
|||-
64,239
2,499|
|||66,738|
|||37,521
20,744|
|||58,265|
4
## **MARKAZ US-SUNNAH**
## **BALANCE SHEET AT 30 SEPTEMBER 2021**
|Notes
**FIXED ASSETS**
Tangible assets
3
**CURRENT ASSETS**
Cash at bank
**CREDITORS**
Amounts falling due within one year
4
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
5
Unrestricted funds
**TOTAL FUNDS**|2021
Unrestricted
fund
£
1,806
69,057
69,057
(896)
68,161
69,967
**69,967**
69,967
**69,967**|2020
Unrestricted
fund
£
-
62,615|
|---|---|---|
|||62,615
(4,350)|
|||58,265|
|||58,265|
|||**58,265**|
|||58,265|
|||**58,265**|
The financial statements were approved by the Board of Trustees on 22 July 2022 and were signed on its behalf by:
….....................................
Mr Fahim Ashraf - Trustee
The notes form part of these financial statements
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## **MARKAZ US-SUNNAH**
## **NOTES TO THE FINANCIAL STATEMENTS THE YEAR ENDED 30 SEPTEMBER 2021**
## **1. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost
## **Incoming resources**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Resources expended**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. TRUSTEES' REMUNERATION AND BENEFITS**
During 2021, a trustee Mr Fahim Ashraf received salary from the charity for his services. Total salary paid to Mr Ashraf was £13,292 (2020: £2,800).
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 September 2021.
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## **MARKAZ US-SUNNAH**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED THE YEAR ENDED 30 SEPTEMBER 2021**
## **3. TANGIBLE FIXED ASSETS**
|Furniture, fixture
and equipment
£
**COST**
At 1 October 2020
-
Additions
2,257
At 30 September 2021
2,257
**DEPRECIATION**
At 1 October 2020
-
Charge for year
451
At 30 September 2021
451
**NET BOOK VALUE**
At 30 September 2021
1,806
At 30 September 2020
**-**
**4.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2021
£
Other creditors
896
**5.**
**MOVEMENT IN FUNDS**
At 01.10.20
Net movement
in funds
£
£
**Unrestricted funds**
General fund
58,265
11,702
**TOTAL FUNDS**
58,265
11,702
**Net movement in funds, included in the above are as follows:**
Incoming
resources
Resources
expended
£
£
**Unrestricted funds**
General fund
97,107
(85,405)
**TOTAL FUNDS**
97,107
(85,405)|Totals
£
-
2,257|
|---|---|
||2,257|
||-
451|
||451|
||1,806|
||**-**|
||2020
£
4,350|
||At 30.09.21
£
69,967|
||69,967|
||Movement
in funds
£
11,702|
||11,702|
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## **MARKAZ US-SUNNAH**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES THE YEAR ENDED 30 SEPTEMBER 2021**
|**INCOMING RESOURCES**
**Voluntary income**
Donations and legacies
Government grants
Total incoming resources
**RESOURCES EXPENDED**
**Costs of raising funds**
Fund raising events
**Charitable activities**
Lectures, congregational sermons and prayer services
Charitable donations
Wages and salaries
Rent, rates and service charges
Hall hire
Insurance
Light and heat
Premises expense
Telephone
Printing and stationery
Cleaning
Computer expense
Depreciation
**Governance costs**
Accountancy fees
Legal and professional fees
Bookkeeping and admin fees
Bank and card charges
**Total resources expended**
**Net income**|**2021**
**£**
69,821
27,286
97,107
612
612
7,133
-
13,292
43,322
-
3,663
5,961
6,482
672
390
1,664
542
451
83,572
850
-
100
271
1,221
85,405
11,702|**2020**
**£**
79,259
25,000|
|---|---|---|
|||104,259
-|
|||-
11,532
1,500
2,800
41,542
2,150
-
600
693
653
143
1,498
1,128
-|
|||64,239
850
1,200
400
49|
|||2,499|
|||66,738|
||||
|||37,521|
**This page does not form part of the statutory financial statements**
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