**SOUTH WEST LONDON ISLAMIC SOCIETY REGISTERED CHARITY NUMBER: 1186937 (registered in England and Wales)** **ANNUAL AND FINANCIAL REPORT 2022** **(PERIOD 2[ND] APRIL 2021 – 1[ST] APRIL 2022)** 1 ## **CONTENTS** ||**Page**| |---|---| |Introduction|3| |Trustees’ annual report for the period|4| |Independent examiner’s report on the accounts|26| |Annual accounts for the period|28| 2 ## **INTRODUCTION** This is the 2022 annual and financial report of the South West London Islamic Society trustees. It is presented together with the trustees’ annual report for the period, independent examiner’s report on the accounts and the annual accounts for the period ended 1[st] April 2022. 3 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** **Section A Reference and administration details Period start date** _From:_ 02/04/2021 **Period end date** _To:_ 01/04/2022 **Charity name** South West London Islamic Society **Registered charity number** 1186937 (registered in England and Wales) **Charity's principal address** 182 Western Road, London, CR4 3EB **Charity trustees who manage** Tahir Chaudry (Chair) **the charity** Mohamed Mahamud (Trustee) Bourhan Ali (Trustee) Jason Mitchell (Trustee) **Bankers** HSBC Bank PLC, 117 Balham High Rd, Balham, London, SW12, 9AS Metro Bank, Clapham Junction, 4-8 St John’s Road, Battersea, SW11 1PN **Accountants** Refer to Independent examiner’s report on the accounts 4 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** **Section B Structure, governance and management** ## **Type of governing document** Trust deed (dated 01 July 2019) ## **How the charity is constituted** Trust **Trustee selection methods** As explained in the governing document. ## _**Additional governance details**_ ## **Policies and Procedures** Policies and procedures adopted by the Charity for the induction and training of trustees include: - Policy Statement - Diversity - Role of the board of trustees - Rules governing the appointment of trustees - Eligibility to become a trustee - Process for appointment of trustees - Expectations of trustees - Induction programme - Ongoing support and training - Review of trustee performance 5 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** In addition to the above, the Charity has designed, documented, implemented and reviewed (quarterly) the following polices in order to ensure the Charity adheres and operates to a stringent governance and compliance framework: - Risk management Policy, including activities and spending outside England and Wales - Investment Policy - Safeguarding vulnerable beneficiaries Policy - Conflicting interests Policy - Volunteer management Policy - Complaints handling Policy - Health and Safety Policy - Financial controls and records Policy - Zakaat Policy - Website and Social Media Policy - Speakers Policy - Volunteer vetting Policy - Paying staff Policy - Privacy Policy (including Data Protection and GDPR) - Equality & Diversity Policy - Trustee Code of Conduct Policy - Trustee Expenses Policy - Pandemic Planning Policy - Human Resources Policy - Office Management Policy - External relations Policy - Reserves Policy - Large legacies and donations policy - Monitoring expenditure outside England and Wales policy ## **Organisational Structure** The Trustees are responsible for the following: - The day to day running of the Charity - Organising events for propagation of the goals of the charity - All administrative affairs connected to the charity 6 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## **Principal Risks and Uncertainties (Risk Management Policy)** The trustees have considered the material risks facing the charity and have put in place mitigating controls to address these risks. During the year 2021-2022, the trustees identified the following key risks and the measures to be taken to address the key identified risks: ## _**Governance risks**_ _Potential risk:_ The charity lacks direction, strategy and forward planning _Potential impact:_ - the charity drifts with no clear objectives, priorities or plans - issues are addressed piecemeal with no strategic reference - needs of beneficiaries not fully addressed - financial management difficulties _Steps to mitigate risk:_ - creation of a strategic plan which sets out the key aims, objectives and policies - creation of financial plans and budgets - close monitoring of financial and operational performance - regular feedback obtained from beneficiaries and funders _**Operational risks** Potential risk:_ Service provision – customer satisfaction _Potential impact:_ - beneficiary complaints - loss/reduction of donations _Steps to mitigate risk_ : - agreement of quality control procedures - implementation of complaints procedures - benchmarking of services and implementation of complaints review procedures _**Financial risks** Potential risk:_ Reserves policies _Potential impact:_ - lack of funds or liquidity to respond to new needs or requirements - inability to meet commitments or planned objectives _Steps to mitigate risk:_ - linkage of reserves policy to business plans, activities and identified financial and operating risk - regularly review reserves policy and reserve levels 7 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## _**Environmental and external factors**_ _Potential risk:_ Relationship with funders _Potential impact:_ - deterioration in relationship may impact on funding and support available _Steps to mitigate risk:_ - ensuring regular contact and briefings to donors - reporting fully on projects ## _**Compliance risk (law and regulation)**_ _Potential risk:_ Compliance with legislation and regulations appropriate to the activities, size and structure of the charity _Potential impact:_ - fines and penalties from regulators - reputational risks _Steps to mitigate risk:_ - identification of key legal and regulatory requirements - allocation of responsibility for key compliance procedures ## **Plans for the future** South West London Islamic Society has grown rapidly since its inception. Its future strategy is to ensure it continues and strengthens what it has achieved in the past (refer to achievements during the year section) and to ensure it effectively achieves its objectives. 8 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** **Section C Objectives and activities** ## **Summary of the objects of the charity set out in its governing document** To facilitate the worship for the Muslim community. To teach the correct understanding of Islaam to the Muslims & Non-Muslims, by frequent lessons and occasional conferences, for the males & females, young and old, in and around the Boroughs of Wandsworth, Lambeth and Merton. The trustees review the aims, objectives and activities of the charity each year. This review looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity’s aims, objectives and activities remained focused on its stated purposes. ## **Summary of the main activities undertaken for the public benefit in relation to these objects** Advance the Islamic religion for the benefit of the public through: - Holding prayers - Lectures - Producing and/or distributing literature on Islaam to enlighten others about Islam - Collect the yearly Zakat and distribute to those eligible from amongst the community and those outside the community but known to members of the congregation. ## **Public Benefit Statement** The trustees have referred, reviewed and adhered to the guidance issued and contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives, and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set. The Trustees have concluded that: - The aims of the Charity continue to be charitable. - The aims and work done give identifiable benefits to the charitable sector both directly and indirectly to individuals in need. - The benefits are for the public, are not unreasonably restricted in any way and certainly not by ability to pay; and there is no detriment or harm arising from these aims or activities. 9 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## _**Additional details of objectives and activities**_ ## **Investment policy** Should the Charity decide to invest as a means of generating additional revenue, all investment decisions will be discussed amongst all Trustees. All investments undertaken by the Charity will only be undertaken on the following conditions: - Unanimous agreement amongst all Trustees - Ethical investments which are in line with the Charities aims and objectives. ## **Contribution made by volunteers** The Charity recognises the contribution made by its volunteers and is appreciative of this. Examples of contributions made by the Charity’s volunteers during the year include: - Managing the Charity’s social media presence, through Twitter and the Charity’s website. - Organising and helping with the Charity’s main annual events, Eid and Ramadhan, serving and catering for the community, including a variety of stalls (Islamic literature, goodie bags, bouncy castles, tea & food, ice cream) and stewards. - Community engagement - weekly youth clubs, including football. 10 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## **Section D Achievements and performance** ## **Summary of the main achievements of the charity during the year** An exceptional, productive and beneficial year for the charity, summarised as per below: - Purchase of permanent building – capacity for approximately 200 people - Community engagement - Weekly youth clubs, including football - Community outreach programme (food parcels, COVID-19 hardship fund, help in the community (shopping, paying bills)) - Continued social media presence and increased following (via Twitter, Instagram, YouTube, SoundCloud, Mixlr and the Charity’s website) - Distribution of Zakaatul Fitr in UK - Eid event for the community - Congregation continuing to increase - Lectures delivered throughout the year - Regular weekly lessons - Members of the Muslim community seeking advice on various issues. - Charitable donations continue to be the main financial source for the Charity (please refer to Annual accounts for the period for further details). - Zakaat donations were received and distributed to those eligible (please refer to Receipts and payments accounts for further details). - Community Iftaar - Continuing and enhanced compliance and reporting with regulators, including the Charity Commission. 11 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## _**– Purchase of permanent building capacity for approximately 200 people**_ The Charity undertook an extensive fundraising campaign to purchase a permanent building. 12 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** Below are a sample of events and communications which led to the Charity successfully being able to purchase the building. **----- Start of picture text -----**
Community outreach programme
**----- End of picture text -----**
13 TRUSTEES, ANNUAL REPORT FOR THE PERIOD MarkazAbdullah ibThal-Mubar_ @MrWbnMubar_ . Jan?3, 20?? Atwtywonderfuleveningptthe 51Sters'Quiz Night& Bake-off MayAllaah reward all who attended &madelt athoroughwenloyable evenin8thatepiiomised Sisterhood. (BROTH. We lookforward to manymoTeevenlslikethis. ONLY 33 PLACES t¥A.I .￿LE1 Ro 31Mah31 6th Ory JW177P IANUARY2022 Ticket Price= £30 Mtsrk4iAbd￿l1bhFb￿•1-￿Ubaw M*zIOnMucarèK *UPDATE ! * Alhamdulillah The meeting with Our Architect on Friday was Positive, Informative & Left us FeeingVERY Excited about the Design 2nd Build Phase ol this Special Projectl WELCObAE DAY We Aim to finalise the last few det8ils...say Bismillah... and start the worklt*l/¢'. 4th December 2022 182 W&stern Rood Mitchom SurrÈy CR4 3EB Il WE HOPE TO SEE YOU THERE IN SHA ALLAH ••• 14 TRUSTEES, ANNUAL REPORT FOR THE PERIOD MarkazAbdullah ibnal-mubar... @Mtkzlbnmubar... . Dec4, 2022 We arereadyS Aieyo ReflectlnE Upon Yesterdwfs StunningcommuntryEffort! Comeon eown to Mitcham. Surreyt￿laYto h2ve2 #FirstLook & Alhumoulilanllugt nive 8 IOOkltth& Huie NumDef of DonorsYmo£*me IoAetnerto h8ip us re8ch&we8d ouroallw 01 £50001 A buildingthatyou ALLSO generousty don3tedtOW3rds earlierthisyeav. BarakAllahu Feekum SeeiTrginisfillsour • witnjoyand confiden￿lWe are so GratefvEtoall ofyoul Kpep Giwng. Ve we.'comeyou Oh B."others and Sisters!_ CAMPAIGN JOURNEY DONORS PER DAY 4.24£YiewB MarkazAbdullahibnal-Mubarak laMTkzIbnMubar3k. Jan 8, 2022 THEY DID IT! +OayAllanabundaniiy re4¥a(Othe SiSters*lntheWharsAppgKoup4 MarkazAbdullah ibn ol-Mub2r._ @Mrkzlbnmubar... . Jan22, 2022 JNext up...The MafkazAIM Quiz! 17teams of 5competin8to be named MarkazAIM QUIZ NIGHT cttampions Campaignl Teams arequlzzed on Iodlfferent catego￿es. c8te8ory 5 quesiions per WHATSAPP GROUP FUNDRAISING IM)ich team will come outvictorious? 200s1st•rsflnd EIOO lThlO daysl £20.000 How hRart5 doos 31st Jan 2022 Ad7 m•tI￿lAbd￿lknh5b￿thI-M￿￿w1k￿mrttlJbn￿Ivb8yJk. Jan420 welet￿nat0bv11do￿I#s0L￿hL￿n￿?n*eoMmUrnlIY. ibTrrnub&rak.cornloay nl IhetÈbut I ntréerkn*i Yuth Ihoodexclstedl uma bareek Iiketoattend nextilff& trA tthnl li Ipv 15 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## _**- Community engagement Weekly youth clubs, including football**_ ## _**Lectures delivered throughout the year**_ 16 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## _**Distribution of Zakaatul Fitr in UK**_ ## _**Ramadan and Eid Events for the Community**_ 17 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## _**Increased social media activity and followers**_ The charity has increased its social media presence to promote the charity and its objectives. This has been positively received through the increased number of followers with over 8,900 followers on Twitter. _**Twitter page**_ The charity also promotes itself and its objectives via Instagram, YouTube, SoundCloud, Mixlr and its website, providing free audio recordings and materials to benefit and educate. Additionally, the charity’s website (www.ibnmubarak.com) is regularly updated with new material and continually monitored, with increased visits to the website since its launch, increasing year on year. ## _**Website**_ 18 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** **Section E Financial review** ## **Funds materially in deficit** There were no funds materially in deficit during the period. ## **Principal sources of funding** The principal source of funding is from individual donors from within the UK who generously donate to the charity and also respond to appeals. ## _**Further financial review**_ Please refer to the Annual accounts for the period with regards to the charity’s principal sources of funds/income and expenditure, in addition to how expenditure has supported the key objectives of the charity. 19 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## **Income and Expenditure** ## _**Income**_ This year South West London Islamic Society generated income of £712,005; with 97% (£691,470) received from our donors for our Masjid Appeal. The total income received in 2021-2022 was up by £700,328 from the previous year, 2020-2021 (£11,677). _**- Income Summary (2021 2022)**_ 20 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** |**Income Description**|**Income**
**Received**|**Percentage of total**
**income received**| |---|---|---| |||| |Donations - Masjid Appeal|£691,470.24|97%| |Donations - Loan for Masjid Appeal|£20,000.00|3%| |Donations - Zakaatul Fitr|£485.24|0.1%| |Donations - Masjid Aston Appeal|£40.00|0.01%| |Donations - Zakaat|£10.00|0.001%| |||| |**Total income received**|**£712,005.48**|100%| 21 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## _**Expenditure**_ During the year South West London Islamic Society spent £712,016. This helped us to achieve our objectives and aims as a charity, with the primary expenditure during the year having been spent on Loan repayment (£683,441). Expenditure this year was up against the previous year, having spent £7,598 during 2020-2021. _**- Expenditure Summary (2021 2022)**_ 22 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** |**Expenditure Description**|**Expenditure**
**spent**|**Percentage of total**
**expenditure spent**| |---|---|---| |||| |Loan repayment|£683,440.75|96%| |Communityfundraiser|£6,023.42|1%| |Planningapplication fees|£4,757.97|1%| |Legal fees|£3,988.00|1%| |Travel expenses|£3,486.00|0.5%| |Eid event expenses - includingfood|£1,530.08|0.2%| |Hall hire|£1,310.00|0.2%| |Eid Park hire|£1,228.80|0.2%| |Surveyor fees|£1,080.00|0.2%| |Donations - Masjid Aston Appeal|£1,074.35|0.2%| |Book and leafletpurchases|£910.00|0.1%| |CommunityIftaar|£908.38|0.1%| |Transfer of funds between accounts|£560.49|0.1%| |Promotional Video design fees|£360.00|0.1%| |Donations - Zakaatul Fitr|£313.57|0.04%| |Digital design services|£222.69|0.03%| |Website hosting|£216.00|0.03%| |LiabilityInsurance|£116.00|0.02%| |Software expenses|£99.84|0.01%| |Soundcloudplatform fees|£90.00|0.01%| |Transaction fees|£83.33|0.01%| |Collection Boxes|£66.00|0.01%| |Bannerprintingfor fundraisingevent|£56.98|0.01%| |Printingcosts|£35.99|0.01%| |Mixlr subscription fees|£28.76|0.004%| |Bank charges|£28.30|0.004%| |||| |**Total expenditure spent**|**£712,015.70**|100%| 23 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## _**Net Income/Spending**_ |**Financialyear end(1-April)**|**Income**|**Spending**|**Net**
**Income/Spending**| |---|---|---|---| ||||| |2022|£712,005|£712,016|-£11| |2021|£11,677|£7,598|£4,079| **Section F Other information** Overall, an exceptional year for the Charity during 2021-2022, as detailed per the Achievements and Performance section of the Trustees’ Annual Report. The Charity expects this to continue further in 2022/2023 and beyond. 24 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** **Section G Declaration & Statement of Trustees’ Responsibilities** The trustees declare that they have approved the trustees’ annual report for the period above. The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and Accounting Standards. This requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of the affairs of the charity, the incoming resources and the application of resources, including the income and expenditure of the charity for the year. In preparing these financial statements, the trustees are required to: - Select suitable accounting policies and then apply them consistently; - Observe the methods and principles in the Charities accounting policies - Make judgements and accounting estimates that are responsible and prudent; - State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; - Prepare the financial statements on a going-concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any given time the financial position of the charity and which enable them to ensure that the financial statements are compliant. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees, individually, are aware: - There is no relevant information of which the charity’s independent examiner is unaware; and - The trustees have taken all steps required to make themselves aware of any relevant information and to establish that the independent examiner is aware of such information. The trustees are responsible for the maintenance and integrity of the financial information included on the charity’s website. The trustees’ annual report for the period has been approved by the trustees on date and signed on their behalf by: |**Signature**|| |---|---| |**Full name**|Tahir Chaudry| |**Position**|Chair| |**Date**|31/01/2023| 25 **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** ||||| |---|---|---|---| |**Report to the trustees/**
**members of**|SOUTH WEST LONDON ISLAMIC SOCIETY||| |**On accounts for the year**
**ended**|02/04/2021 – 01/04/2022|**Charity no**|1186937| |**Set out on pages**|28 – 37||| |**Respective**
**responsibilities of trustees**
**and examiner**|The charity's trustees are responsible for the preparation of the accounts in
accordance with the Charities Act 2011 (“the Act”).
The charity’s trustees consider that an audit is not required for this year
under section 144 of the Act and that an independent examination is
needed. The charity’s gross income exceeded £250,000 and I am qualified to
undertake the examination by being a qualified member of the Association
of Chartered Certified Accountants ACCA.
It is my responsibility to:
• examine the accounts under section 145 of the Charities Act,
• to follow the applicable Directions given by the Charity Commission
(under section 145(5)(b) of the Act, and
• to state whether particular matters have come to my attention.||| |**Basis of independent**
**examiner’s statement**|My examination was carried out in accordance with general Directions given
by the Charity Commission. An examination includes a review of 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 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 opinion 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.||| 26 **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** |**Independent examiner's**
**statement**|In connection with my examination, no material matters have come to my
attention which gives me cause to believe that in, any material respect,:
• the accounting records were not kept in accordance with section 130
of the Act; or
• the accounts did not accord with the accounting records; or
• the accounts did 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.| |---|---| ||**Signed:**Hashim Habshi
**Date:**31/01/2023
**Name:**Hashim Habshi
**Relevant professional qualification(s) or body:**ACCA| |**Address:**|93 Oatlands Drive, Slough, Berkshire| ||England, United Kingdom,| ||SL1 3HD| 27 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## **SOUTH WEST LONDON ISLAMIC CENTRE REGISTERED CHARITY NUMBER: 1186937 (registered in England and Wales) ANNUAL ACCOUNTS FOR THE PERIOD: 02/04/2021 – 01/04/2022 STATEMENT OF FINANCIAL ACTIVITIES** |||**Note**|**Unrestricted**
**Funds**|**Restricted**
**Income**
**Funds**|**Total**
**Funds**
**(2022)**|**Prior Year**
**Funds**
**(2021)**| |---|---|---|---|---|---|---| ||||**£**|**£**|**£**|**£**| ||**Incoming Resources**|||||| ||**Income from:**|||||| |||||||| ||Donations,legacies and similar|1|0|712,005|712,005|11,677| |||||||| ||Incoming Resources from
Charitable activities|2|0|0|0|0| |||||||| ||Income from other Resources|3|0|0|0|0| |||||||| ||**TOTAL INCOMING**
**RESOURCES**||0|712,005|**712,005**|**11,677**| |||||||| ||**Resources Expended**|||||| ||**Expenditure on:**|||||| |||||||| ||Charitable activities|4|6,932|1,388|8,320|0| |||||||| ||Other expenditure|5|703,696|0|703,696|7,598| |||||||| ||**TOTAL RESOURCES EXPENDED**||710,628|1,388|**712,016**|**7,598**| |||||||| ||**NET MOVEMENT IN FUNDS**|||||| 28 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## **SOUTH WEST LONDON ISLAMIC CENTRE REGISTERED CHARITY NUMBER: 1186937 (registered in England and Wales) ANNUAL ACCOUNTS FOR THE PERIOD: 02/04/2021 – 01/04/2022 STATEMENT OF ASSETS AND LIABILITIES AT THE END OF THE PERIOD 01/04/2022** ||**FIXED ASSETS**|||| |---|---|---|---|---| |||**Equipment**|**Fixtures &**
**Fittings **|**Total**| |||**£**|**£**|**£**| |||||| ||**COST**|||| |||||| ||As At 2 April 2021|0|0|0| |||||| ||Additions|0|0|0| |||||| ||**As At 1 April 2022**|**0**|**0**|**0**| |||||| ||**DEPRECIATION**|||| |||||| ||As At 2 April 2021|0|0|0| |||||| ||Charge For The Year|0|0|0| |||||| ||**As At 1 April 2022**|**0**|**0**|**0**| |||||| ||**NET BOOK VALUES**|||| |||||| ||**AS AT 1 April 2022**|**0**|**0**|**0**| |||||| ||**AS AT 1 April 2021**|**0**|**0**|**0**| 29 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** |||||||**CURRENT ASSETS**|**CURRENT ASSETS**|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||**2022**|||**2021**||| ||||||||||**£**|||**£**||| |||||||Cash & Bank Account
Balances|||9,141|||7,151||| |||||||Debtors|||0|||0||| |||||||Stock|||0|||0||| |||||||**TOTAL CURRENT ASSETS**|||**9,141**|||**7,151**||| |||||||||||||||| ||**CASH FUNDS**|||||||||||||| |||||**Unrestricted**
**Funds**
**(2022)**|||**Restricted**
**Income**
**Funds(2022)**|**Total Funds**
**(2022)**|||**Unrestricted**
**Funds(2021)**||**Restricted**
**Income**
**Funds**
**(20201**|**Total**
**Funds**
**(2021)**| |||||**£**|||**£**|**£**|||**£**||**£**|**£**| ||Current
Account|||2,000|||0|2,000|||7,151||0|7,151| ||Masjid Appeal
Account|||0|||7,141|7,141|||0||0|0| ||**TOTAL CASH**
**FUNDS**|||2,000|||7,141|**9,141**|||7,151||0|**7,151**| |||||||||||||||| ||||**CREDITORS**|||||||||||| ||||||||||||**2022**||**2021**|| ||||||||||||**£**||**£**|| ||||Amounts FallingDue Within One Year||||||||0||
0|| ||||Amounts FallingDue after more than One|||||Year|||0||
0|| ||||**TOTAL CREDITORS**||||||||**0**||
**0**|| The annual accounts for the period has been approved by the trustees on date and signed on their behalf by: **Signature Full name** Tahir Chaudry **Position** Chair **Date** 31/01/2023 30 **ANNUAL ACCOUNTS FOR THE PERIOD** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 01 APRIL 2022** ## **1. Donations, legacies and similar** ||**Unrestricted**
**Funds**
**(2022)**|**Restricted**
**Income**
**Funds**
**(2022)**|**Total**
**Funds**
**(2022)**|**Unrestricted**
**Funds**
**(2021)**|**Restricted**
**Income**
**Funds**
**(2021)**|**Total**
**Funds**
**(2021)**| |---|---|---|---|---|---|---| ||**£**|**£**|**£**|**£**|**£**|**£**| |||||||| |Donations - Masjid Appeal|0|691,470|691,470|0|11,677|11,677| |Donations - Loan for
Masjid Appeal|0|20,000|20,000|0|0|0| |Donations - Zakaatul Fitr|0|485|485|0|0|0| |Donations - Masjid Aston
Appeal|0|40|40|0|0|0| |Donations - Zakaat|0|10|10|0|0|0| |||||||| |**TOTAL DONATIONS,**
**LEGACIES AND SIMILAR**|0|712,005|**712,005**|0|11,677|**11,677**| ## **2. Incoming Resources from Charitable activities** ||**Unrestricted**
**Funds**
**(2022)**|**Total**
**Funds**
**(2022)**|**Unrestricted**
**Funds**
**(2021)**|**Total**
**Funds**
**(2021)**| |---|---|---|---|---| ||**£**|**£**|**£**|**£**| |-|0|0|0|0| |||||| |**TOTAL INCOMING RESOURCES**
**FROM CHARITABLE ACTIVITIES**|0|**0**|0|**0**| ## **3. Income from other Resources** ||**Unrestricted**
**Funds**
**(2022)**|**Total**
**Funds**
**(2022)**|**Unrestricted**
**Funds**
**(2021)**|**Total**
**Funds**
**(2021)**| |---|---|---|---|---| ||**£**|**£**|**£**|**£**| |||||| |-|0|0|0|0| |||||| |**TOTAL INCOME FROM OTHER**
**RESOURCES**|0|**0**|0|**0**| 31 **ANNUAL ACCOUNTS FOR THE PERIOD** ## **4. Charitable activities** ||**Unrestricted**
**Funds**
**(2022)**|**Restricted**
**Income**
**Funds**
**(2022)**|**Total**
**Funds**
**(2022)**|**Unrestricted**
**Funds**
**(2021)**|**Restricted**
**Income**
**Funds**
**(2021)**|**Total**
**Funds**
**(2021)**| |---|---|---|---|---|---|---| ||**£**|**£**|**£**|**£**|**£**|**£**| |||||||| |Communityfundraiser|6,023|0|6,023|0|0|0| |Donations - Masjid Aston
Appeal|0|1,074|1,074|0|0|0| |Community Iftaar|908|0|908|0|0|0| |Donations - Zakaatul Fitr|0|314|314|0|0|0| |||||||| |**TOTAL CHARITABLE**
**ACTIVITIES**|6,932|1,388|**8,320**|0|0|**0**| 32 **ANNUAL ACCOUNTS FOR THE PERIOD** ## **5. Other expenditure** ||**Unrestricted**
**Funds**
**(2022)**|**Total**
**Funds**
**(2022)**|**Unrestricted**
**Funds**
**(2021)**|**Total**
**Funds**
**(2021)**| |---|---|---|---|---| ||**£**|**£**|**£**|**£**| |||||| |Loan repayment|683,441|683,441|0|0| |Planningapplication fees|4,758|4,758|0|0| |Legal fees|3,988|3,988|0|0| |Travel expenses|3,486|3,486|0|0| |Eid event expenses -
includingfood|1,530|1,530|0|0| |Hall hire|1,310|1,310|7,598|7,598| |Eid Park hire|1,229|1,229|0|0| |Surveyor fees|1,080|1,080|0|0| |Book and leafletpurchases|910|910|0|0| |Transfer of funds between
accounts|560|560|0|0| |Promotional Video design
fees|360|360|0|0| |Digital design services|223|223|0|0| |Website hosting|216|216|0|0| |LiabilityInsurance|116|116|0|0| |Software expenses|100|100|0|0| |Soundcloudplatform fees|90|90|0|0| |Transaction fees|83|83|0|0| |Collection Boxes|66|66|0|0| |Banner printing for
fundraisingevent|57|57|0|0| |Printingcosts|36|36|0|0| |Mixlr subscription fees|29|29|0|0| |Bank charges|28|28|0|0| |||||| |||||| |**TOTAL OTHER**
**EXPENDITURE**|703,696|**703,696**|7,598|**7,598**| 33 **ANNUAL ACCOUNTS FOR THE PERIOD** ## **6. Staff Costs** ||**2022**|**2021**| |---|---|---| ||**£**|**£**| |Salaries|**0**|**0**| |Average number of
employees for theperiod|**0**|**0**| |No employees were paid
more than £60,000.||| ## **7. Corporation tax** The charity is exempt from corporation tax on its charitable activities. ## **8. Contingent Liabilities** There were no Contingent Liabilities at 01 April 2022 (2021: £NIL). ## **9. Trustee remuneration and expenses** All trustees are volunteers with no expenses paid out. No trustee received any remuneration or other benefits from the charity. There were no related party transactions. 34 **ANNUAL ACCOUNTS FOR THE PERIOD** ## **10. Accounting Policies** ## **(a) Basis of Preparation** The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The trust constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the Trust's ability to continue as a going concern. ## **(b) Reconciliation with previous Generally Accepted Accounting Practice** In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 a restatement of comparative items was needed. No restatements were required. ## **(c) Funds structure** Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the terms of a specific appeal at Friday prayers or under the terms for public collection of Zakat in accordance with the teachings of Islam. ## **(d) Incoming resources** All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability. The following specific policies are applied to particular categories of income: - Voluntary income is received by way of donations and is included in full in the Statement of Financial Activities when receivable. - Donated services and facilities are included at the value to the charity where this can be quantified. The value of services donated by volunteers has not been included in these accounts, except where the services provided are in the nature of professional services where a fee would otherwise be charged, in which case the donated service is valued at their chargeable rate. - Income from charitable trading activity is accounted for when earned. 35 **ANNUAL ACCOUNTS FOR THE PERIOD** ## _Donations and legacies_ Income from donations and legacies comprises income generated from the following sources: - Gifts and donations received/receivable including legacies; - Any tax reclaimed on amounts received under gift aid; - Grants that provide core funding or are of a general nature; - Membership subscriptions and sponsorships where these are, in substance, donations; and - Gifts in kind and donated services and facilities. Income from donations and legacies is defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraph 4.31 and 4.32. ## _Charitable activities_ This includes: - Sale of goods or services as a charitable activity; - Sale of goods made or services provided by the charity’s beneficiaries; - Letting of non-investment property in furtherance of the charity’s objects; - Grants specifically for the provision of goods or services as part of charitable activities or services to beneficiaries (including performance-related grants); and - Ancillary trades connected with the above. Income from charitable activities is defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraphs 4.33 to 4.34. ## _Other_ This amount includes gains on the disposal of tangible fixed assets and receipt of any other income that cannot be accounted for in the categories above (S01 to S05). It may also include the conversion of endowment funds into income. Other income is defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraphs 4.39 to 4.41. ## **(e) Tax reclaims on donations and gifts** Incoming resources from tax claims are included in the Statement Of Financial Activities at the same time as the gift to which they relate, to the extent that tax recoverability is certain. 36 **ANNUAL ACCOUNTS FOR THE PERIOD** ## **(f) Resources expended** Liabilities are recognised as resources are expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. ## _Charitable activities_ These comprise all the expenditure incurred in meeting the charitable objectives including amounts spent on: - Grants, - The direct provision of charitable service; and - A proportion of the charity’s support costs which, if allocated, will be explained in the notes to the accounts. They exclude: - The cost of raising funds to finance these activities These costs are defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraphs 4.52 to 4.55. ## _Other_ Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. Other expenditure is defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraph 4.56. ## **(g) Depreciation (Tangible fixed assets for use by the charity)** These are only capitalised when they can be used for more than a year and cost more than £250. They are valued at cost or a reasonable value on receipt. The charity does not have a policy of revaluation. Depreciation is charged as follows: - Equipment 5% at reducing balance basis - Fixtures & Fittings 5% at reducing balance basis 37