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2023-12-31-accounts

Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report for theperiod for theperiod for theperiod
From Period start date To Period end date
01 January 2023 31 December 2023

Section A Reference and administration details

Nasrul-Lahi-il-Fathi society of Nigeria Grays Thurrock Charity name Branch Other names charity is known by Nasfat Grays Thurrock Branch Registered charity number (if any) 1187725

Charity's principal address Hathaway Academy Hathaway Road Grays Essex Postcode RM17 5LL

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
OLATAYO
ODUSANYA
ADEOLA AMINU
GANIYU
OLUMIDE
AYOOLA
MUTIAT ADENIJI
ADENIKE
ADEGUNLE

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

December 2023

1

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure,governance and management
Description of the charity’s trusts
Type of governing document
(eg. trust deed, constitution)

Nasrul-Lahi-il-Fathi society, Grays Thurrock Branch is constituted as a
charity organisation with the charity commission
How the charity is constituted
Association
(eg.trust, association,company)
Trustee selection methods
(eg. appointed by, elected by)

The existing trustees are responsible for the nomination of new trustee but
in so doing the trustees seek the views and recommendations of both the
Branch executive and the Branch elder council. The trustees believe this
approach ensures that new trustees are respected members of the faith,
the branch and local community and ensures that good relations are
fostered between the organisation and the community.
In selecting new trustees, we seek to identify people who regularly attend
our weekly events and are willing to volunteer to help in our broader
community work.

TAR

December 2023

2

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Risk Management

The trustees have assessed the risk the charity faces and have drawn up a risk matrix which identifies the major risks by area of activity, the nature of those risks, the likelihood of the risks happening and the measures taken to manage them. Although the risks impact identified are rated to be minimal and we will continue to monitor this.

Branch organisation structure

Board of Trustees

Branch executive council Branch council of elders Branch Mission boards

Executive council committees

Political Affiliation

As a religious organisation, we are not affiliated to any political party and we do not have any motive of doing so in the course of carrying out our activities.

In matters of political issues that affects us, we will be seeking guidance on such and take the appropriate action in conveying our messages.

TAR

December 2023

3

Section C Objectives and activities

TAR

December 2023

4

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant,about:

TAR

December 2023

5

Section D Achievements and performance

TAR

December 2023

6

Section D Achievements and erformance p

Summary of the main achievements of the charity during the year

The charity carries out a wide range of activities in pursuance of its charitable aims. The trustees consider that these activities, summarised below, provide benefit both to those who worship with us and the wider community.

TAR

December 2023

7

Section E Financial review

Brief statement of the

charity’s policy on reserves

The trustees have reviewed the reserves of the charity. Their policy is to hold enough funds to meet the charity regular operating cost for up to 3 months.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

The charity’s main source of income is giving. The total giving for the year 2023 amounts £44,014.89

Our expenditure incurred for the year amount to £38,435.86 which leaves us with a surplus of £5,579.03 for the year. These expenses are cost that has to be incurred to achieve the objectives of the organisation.

Next year, plans have been put in place to drive up the act of giving to improve the organisation’s finances. This improvement in finance will allow the branch to carry out and support other charity/charitable activities.

Efforts also have been made to reduce the organisation expenses and this will continue to improves our finances. The Trustee is also trying to make sure the reduction in expenditure do not impact on the services the organisation renders to the community.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) ADEOLA AMINU Full name(s) OLATAYO ODUSANYA Position (e.g. Secretary, Chair, Chairman Secretary etc) Date 23/08/2024

TAR

December 2023

8

CC16a

GRAYS THURROCK No (if any) NASFAT SOCIETY 1187725

Receipts and payments accounts For the period Period start date Period end date To from Jan-23 Dec-23

Section A Receipts and payments

Section A Receipts and payments
A1 Receipts Unrestricte
d funds
to the
nearest £
7,371
226
528
20,992
2,910
474
6,177
77
142
125
111
540
523
223
192
425
2,980
44,015
-
-
-
44,015
12,967
7,070
1,739
994
3,386
7,903
160
870
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
7,371
226
528
20,992
2,910
474
6,177
-
77
-
142
125
-
-
111
540
-
523
223
192
-
-
425
-
2,980
-
-
-
44,015
-
-
-
44,015
-
12,967
7,070
-
-
-
1,739
-
-
-
-
994
-
-
-
-
3,386
7,903
-
160
870
-
-
Last year
to the nearest £
ASALAT CONTRIBUTIONS 7,371 12,795
QURAN READING CONTRIBUTIONS 226 320
MONTHLY CONTRIBUTIONS 528 585
OPENALMZ/SUM UP REVENUE
RECEIVED
20,992 26,175
MODRASAT / ARABIC SCHOOL 2,910 4,294
BUSINESS COMMITTEE 474 855
WOMEN AFFAIRS COMMITTEE 6,177 12,799
CHILDREN AFFAIRS COMMITTEE
YOUTH COMMITTEE 77 413
WELFARE COMMITTEE 148
TAHAJUD CONTRIBUTION 142 480
RAMADAN COMMITTEE(ADHOC) 125 4,023
MOSQUE PROJECT ACCOUNT 4,762
LOAN REPAYMENT
DOLLAR EXCHANGE 111 1,433
MOSQUE PROJECT PAYMENT 540 5,898
CERTIFICATES
TANKARA 523 776
REFUNDS & INTEREST 223 911
WALIMAT COMMITTEE 192 1,360
WHITE HOUSE 12,063
MODRASAT SCHOOL ACCOUNT
ANNIVERSARY COMMITTEE 425 1,350
UMURAH COMMITTEE
SPEACIAL CONTRIBUTION-cash/bank 2,980 3,939
PLEDGES
CELEBRATION-BIRTHDAY
-
Sub total(Gross income for AR) 44,015 95,380
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
95,380

TELEPHONE & POSTAGES
- - -
ASALAT HALL RENT 12,967 12,967 11,625
WALIMAT GIFT 7,070 7,070 4,066
PETTY CASH -
PRINTING & STATIONERIES -
Zonal inuaguration - 2,839
MODRASAT TEACHERS /WIFI 1,739 1,739 2,846
MODRASA PROGRAMME/AWARD -
WHITE HOUSE - 5,195
MISSION BOARD STPEND - 4,200
TRANSPORT &TRAVELLING - 4,527
ZOOM SUBCRIPTION 994 994
WELFARE COMMITTEE -
CHILDREN AFFAIRS COMMITTEE -
RAMADAN COMMITTEE LOAN - 9,600
SPECIAL PRAYER/QURAN READING - -
WALIMAT COMMITTEE 3,386 - 3,386 2,750
ASSET PROCUREMENT 7,903 - 7,903 1,018
OTHER- FLYER DESIGN - -
MADRASA MAKER RENEWAL 160 - 160
YOUTH COMMITTEE 870 - 870
BUSINESS COMMITTEE - - 500
ZEC-QUARTERLY DUES TO HQ -
PROJECT ACCOUNT WITHDRAWAL -
WOMEN AFFAIRS COMMITTEE 1,801 1,801 867
ANNIVERSAY COMMITTEE - 150
ELD CELEBRATION /ALFA GUEST -
MOSQUE APPEL COMMITTEE -
OTHER 1,000 1,000
ZEC-TANKARA 546 - 546 1,659
**Sub total ** 38,436 - - 38,436 51,842
A4 Asset and investment
purchases (see table)
, -
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
51,842
5,580 5,580 43,537
- - -
237,163 237,163 193,626
242,743 242,743 237,163

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on behalf
of all the trustees
B5 Liabilities
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds
Signature
Details
Details
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
Agreement
Error
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
OLATAYO ODUSANYA
ADEOLA AMINU
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
OLATAYO ODUSANYA 23/08/2024
ADEOLA AMINU 23/08/2024

NASRUL-LAHI-IL-FATHI SOCIETY

GRAYS THURROCK BRANCH

INDEPENDENT EXAMINERS REPORT FOR PERIOD ENDING 31[st] DECEMBER 2023

TO THE TRUSTEES OF NASRUL LAHI IL FATHI SOCIETY

I report on the accounts of the charity for the period ended 31 December 20223

RESPECTIVE RESPONSIBILITIES OF THE TRSUTEES AND THE EXAMINER

The charity trustees are responsible for the preparation of the accounts. The Charity's trustees consider than an audit is not required for the period under section 476 of the Companies Act 2006 and that an independent examination is needed.

It is my responsibility to:

BASIS OF MY EXAMINATION

My examination was carried out in accordance with the 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 account, 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 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 statements below.

EXAMINER'S STATEMENT

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

(1) which gives me reasonable cause to believe that in any material respect the trustees have not met the requirements to ensure that:

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

Lukmon Bola Ogunbadejo B.SC, ACA, IFA/MPA 23[RD] August 2024 Two Ace Accountants