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2022-07-30-accounts

REGISTERED CHARITY NUMBER: 1184503

Trustees' Report and

Unaudited Financial Statements for the Year Ended 31 July 2022

for

ORGANISATION OF CULTURE AND CHARACTER

Owadally & King Chartered Certified Accountants 73 Park Lane Croydon Surrey CR0 1JG

ORGANISATION OF CULTURE AND CHARACTER

Contents of the Financial Statements FOR THE YEAR ENDED 31 JULY 2022

Page
Trustees' Report 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 11
Detailed Statement of Financial Activities 12 to 13

ORGANISATION OF CULTURE AND CHARACTER

Trustees' Report FOR THE YEAR ENDED 31 JULY 2022

The trustees present their report with the financial statements of the charity for the year ended 31 July 2022. 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).

The Organisation of Culture and Character (OCC) is a community-led Organisation that endeavors to remedy and rectify society's conditions through correct application of traditional prophetic teachings contextualized to modern day issues.

Primary Objective - To rectify the connection between a human being and his/her Lord.

Methodology: Education | Transformation| Service

The Organisation of Culture and Character is constituted as a charitable trust registered with the Charity commission in July 2019 under the charity number: 1184503

Organisational Structure

The Trustees are responsible for the management of the charity. The Trustees give their time voluntarily and do not expect any financial benefit in return.

The Trustees meet on a monthly basis to discuss and review the performance of the Organisation. In order to ensure the smooth running's of the Organisation the trustees have selected a group of sub-committees that oversee the different projects run by the Organisation. The appointed sub committees over-see the day to day activities that the charity carry out.

Appointment of Trustees

The trustees are responsible for appointing new trustees. If a new trustee is to be appointed they are appointed from the sub-committee to ensure that they have a good understanding of the running's of the Organisation.

Vision:

The vision of the OCC is to cultivate solutions for the infirmities of society in our time. Deprivation, destitution, suicidal thoughts and loneliness are just some of the many symptoms of the realities of our lives. We recognize the impact of such frailties, and endeavor to assist those in need; instilling hope in the lives of individuals, who in turn can rectify their states and become driving forces for success. This vision is motivated by the words of the Messenger of God (peace and blessings be upon him): "The believers in their affection, compassion and love for one another are like one single body. If a part of it suffers from pain, the whole body will suffer in pain."

Aims:

Activities:

After School Club / Summer School

Youth clubs

Educational provision

Page 1

ORGANISATION OF CULTURE AND CHARACTER

Trustees' Report FOR THE YEAR ENDED 31 JULY 2022

Arts and crafts Provision

Consultation Advice Service

Futuwwa

Events

Residential Trips

Future Plans:

We aim to increase our aptitude to serve the wider community by establishing a safe and holistic space for education, transformation and service. We envision a space that is welcoming to all; where seekers from all ages and backgrounds can benefit and find solace in. We believe that we are now at the right stage to expand and move into the second phase of our work, which is a building.

This building will encompass five main facilities:

1. Musalla Awwabeen (Prayer Space)

The Prayer Space has continuously played an active and functional role in the guidance of the prophetic community; providing a safe space for dialogue, education and fellowship for seekers of varying degrees of practice and a space to renew their sense of belonging. This space will be accessible for all and intends to be an abode for the worshipper to gain spiritual repose and Sakinah (peace), and be at the heart of the community building to facilitate the realization of one's faith and spiritual excellence.

2. Serene Montessori Nursery

Our vision is to create a child centered learning atmosphere and setting which is fortified by the spiritual welfare and happiness of each child; concentrating on children's interests as well as the environment that surrounds them.

3. Emotional Well-Being Space

Through this service we aim to bring a positive sense of well-being which will empower individuals and families to be able to function in society, and meet the demands of everyday life, and use their abilities they have to reach their potential.

4. Prophetic Sports and Spa Centre

Sports and spa centre for the community.

5. Conference Centre

We intend this to be a space where adults can find a wealth of opportunities for personal, intellectual and spiritual growth. The conference centre will aim to foster a holistic environment of learning and discourse where the sacredness of transmission can be transferred in a way of living the realities discussed. It will also facilitate a wide range of public and social events alongside seminars and courses.

Page 2

ORGANISATION OF CULTURE AND CHARACTER

Trustees' Report FOR THE YEAR ENDED 31 JULY 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The Charity is controlled by its governing document, a deed of trust, and constitutes a charitable incorporated organisation (CIO)

Charity Constitution

The charity is governed in accordance with its Constitution registered on 19 July 2019.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

1184503

Principal address

58 WESTBOURNE ROAD LUTON LU4 8JD

Trustees

Khayam Khan (Chair) appointed - 01-01-2019 Sobaan Riaz appointed - 21-10-2022 Falak Zaroob resigned - 21-10-2022 Samira Ali resigned - 21-10-2022

Independent Examiner

Owadally & King Chartered Certified Accountants 73 Park Lane Croydon Surrey CR0 1JG

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

...................................................................... K Khan - Trustee

Page 3

Independent Examiner's Report to the Trustees of ORGANISATION OF CULTURE AND CHARACTER

Independent examiner's report to the trustees of ORGANISATION OF CULTURE AND CHARACTER

I report to the charity trustees on my examination of the accounts of ORGANISATION OF CULTURE AND CHARACTER (the Trust) for the year ended 31 July 2022.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

F Owadally F.C.C.A M.B.A

Owadally & King Chartered Certified Accountants 73 Park Lane Croydon Surrey CR0 1JG

Date: .............................................

Page 4

ORGANISATION OF CULTURE AND CHARACTER

Statement of Financial Activities FOR THE YEAR ENDED 31 JULY 2022

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Charitable activities
2
Futuwwa project
8,368
Shifa Health
-
Youth club
7,416
Community & mosque
263,768
Total
279,552
EXPENDITURE ON
Charitable activities
3
Futuwwa project
7,842
Shifa Health
-
Youth club
4,280
Education
16,665
Community & mosque
160,014
Other
23,967
Total
212,768
NET INCOME
66,784
RECONCILIATION OF FUNDS
Total funds brought forward
104,757
TOTAL FUNDS CARRIED FORWARD
171,541
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2022
Total
funds
£
8,368
-
7,416
263,768
279,552
7,842
-
4,280
16,665
160,014
23,967
212,768
66,784
104,757
171,541
2021
Total
funds
£
14,437
25,340
6,550
176,847
223,174
13,671
23,915
5,493
17,254
54,315
17,296
131,944
91,230
13,527
104,757

The notes form part of these financial statements

Page 5

ORGANISATION OF CULTURE AND CHARACTER

Balance Sheet 31 JULY 2022

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
7
11,837
CURRENT ASSETS
Debtors
8
-
Cash at bank and in hand
177,904
177,904
CREDITORS
Amounts falling due within one year
9
(18,200)
NET CURRENT ASSETS
159,704
TOTAL ASSETS LESS CURRENT
LIABILITIES
171,541
NET ASSETS
171,541
FUNDS
10
Unrestricted funds
TOTAL FUNDS
Restricted
fund
£
-
-
-
-
-
-
-
-
2022
Total
funds
£
11,837
-
177,904
177,904
(18,200)
159,704
171,541
171,541
171,541
171,541
2021
Total
funds
£
18,900
86,850
2,607
89,457
(3,600)
85,857
104,757
104,757
104,757
104,757

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. K Khan - Trustee

The notes form part of these financial statements

Page 6

ORGANISATION OF CULTURE AND CHARACTER

Notes to the Financial Statements FOR THE YEAR ENDED 31 JULY 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

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 convention.

Income

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.

Expenditure

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 resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using either a straight line or reducing balance method, as indicated below.

Depreciation is provided on the following basis: Fixtures & fittings - 25% Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

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.

continued...

Page 7

ORGANISATION OF CULTURE AND CHARACTER

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 JULY 2022

2. INCOME FROM CHARITABLE ACTIVITIES

2022 2021
Futuwwa Youth Community Total Total
project club & mosque activities activities
£ £ £ £ £
Donations 8,368 7,416 263,768 279,552 223,174

3. CHARITABLE ACTIVITIES COSTS

CHARITABLE ACTIVITIES COSTS
Direct
Costs
£
Futuwwa project 7,842
Youth club 4,280
Education 16,665
Community & mosque 160,014
188,801
SUPPORT COSTS
Information
Management Finance technology
£ £ £
Other resources expended 7,720 51 4,401
Governance
Other costs Totals
£ £ £
Other resources expended 8,794 3,000 23,966

4. SUPPORT COSTS

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2022 nor for the year ended 31 July 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2022 nor for the year ended 31 July 2021.

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Futuwwa project
14,437
Shifa Health
25,340
Youth club
6,550
Community & mosque
176,847
Total
223,174
Restricted
fund
£
-
-
-
-
-
Total
funds
£
14,437
25,340
6,550
176,847
223,174

EXPENDITURE ON

continued...

Page 8

ORGANISATION OF CULTURE AND CHARACTER

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 JULY 2022

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted
fund
£
Charitable activities
Futuwwa project
13,671
Shifa Health
23,915
Youth club
5,493
Education
17,254
Community & mosque
54,315
Other
17,296
Total
131,944
NET INCOME
91,230
RECONCILIATION OF FUNDS
Total funds brought forward
13,527
TOTAL FUNDS CARRIED FORWARD
104,757
7.
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 August 2021 and 31 July 2022
15,251
DEPRECIATION
At 1 August 2021
6,101
Charge for year
3,813
At 31 July 2022
9,914
NET BOOK VALUE
At 31 July 2022
5,337
At 31 July 2021
9,150
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
Motor
vehicles
£
13,000
3,250
3,250
6,500
6,500
9,750
Total
funds
£
13,671
23,915
5,493
17,254
54,315
17,296
131,944
91,230
13,527
104,757
Totals
£
28,251
9,351
7,063
16,414
11,837
18,900

continued...

Page 9

ORGANISATION OF CULTURE AND CHARACTER

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 JULY 2022

8.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
10.
MOVEMENT IN FUNDS
At 1.8.21
£
Unrestricted funds
General fund
104,757
TOTAL FUNDS
104,757
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
279,552
TOTAL FUNDS
279,552
Comparatives for movement in funds
At 1.8.20
£
Unrestricted funds
General fund
13,527
TOTAL FUNDS
13,527
2022
2021
£
£
-
86,850
2022
2021
£
£
18,200
3,600
Net
movement
At
in funds
31.7.22
£
£
66,784
171,541
66,784
171,541
Resources
Movement
expended
in funds
£
£
(212,768)
66,784
(212,768)
66,784
Net
movement
At
in funds
31.7.21
£
£
91,230
104,757
91,230
104,757

continued...

Page 10

ORGANISATION OF CULTURE AND CHARACTER

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 JULY 2022

10. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
223,174
223,174
Resources
Movement
expended
in funds
£
£
(131,944)
91,230
(131,944)
91,230
Resources
Movement
expended
in funds
£
£
(131,944)
91,230
(131,944)
91,230
91,230

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
TOTAL FUNDS
At 1.8.20
£
13,527
13,527
Net
movement
in funds
£
158,014
158,014
At
31.7.22
£
171,541
171,541

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
502,726
502,726
Resources
Movement
expended
in funds
£
£
(344,712)
158,014
(344,712)
158,014
Resources
Movement
expended
in funds
£
£
(344,712)
158,014
(344,712)
158,014
158,014

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2022.

Page 11

ORGANISATION OF CULTURE AND CHARACTER

Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 JULY 2022

INCOME AND ENDOWMENTS
Charitable activities
Donations
Total incoming resources
EXPENDITURE
Charitable activities
Event cost
Therapist
Youth Club
Educational Courses
Fundraising expenses
Other
Rent
Support costs
Management
Insurance
Telephone
Postage and stationery
Advertising
Finance
Bank charges
Information technology
Website & IT
Other
Motor and travelling expenses
Fixtures and fittings
Motor vehicles
Governance costs
Auditors' remuneration for non audit work
Legal and Professional fees
2022
£
279,552
279,552
6,628
-
7,855
26,973
147,345
188,801
1
586
255
501
6,378
7,720
51
4,401
1,731
3,813
3,250
8,794
2,400
600
3,000
2021
£
223,174
223,174
3,968
23,915
5,493
17,254
64,018
114,648
-
293
245
434
6,693
7,665
-
768
-
3,813
3,250
7,063
1,800
-
1,800

This page does not form part of the statutory financial statements

Page 12

ORGANISATION OF CULTURE AND CHARACTER

Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 JULY 2022

Total resources expended
Net income
2022
£
212,768
66,784
2021
£
131,944
91,230

This page does not form part of the statutory financial statements

Page 13