| Page | |
|---|---|
| Trustees report | 1-2 |
| Independent examiner's report | 4 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6-11 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2024 | 2023 | ||
| Notes | |||
| Income from: | |||
| Donations and legacies | 3 | 193,924 | 191,412 |
| Charitableactivities | 4 | 10,000 | 18,180 |
| Total income | 203,924 | 209,592 | |
| Expenditure on: | |||
| Charitable activities | 5 | 95,052 | 87,479 |
| Totalexpenditure | 95,052 | 87,479 | |
| Net income and movement in funds | 108,872 | 122,113 | |
| Reconciliation of funds: | |||
| Fund balances at 1 January 2024 | 497,707 | 375,594 | |
| Fund balances at 31 December 2024 | 606,579 |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Fixed assets | |||||
| Tangible assets | 10 | 620,086 | 628,403 | ||
| Current asseG | |||||
| Cash at bank and in hand | 223,387 | 133,579 | |||
| Creditors: amounts falling due within | 11 | ||||
| one year | (1,648) | (2,029) | |||
| Net current | 221,739 | 131 ,550 | |||
| Total assets less current liabilities | 841 ,825 | 759,953 | |||
| Creditors: amounts falling due after | |||||
| more than one year | 12 | (235,246) | (262,246) | ||
| Netassets | 606,579 | 497,707 | |||
| The funds ofthe charity | |||||
| Unrestricted funds | 13 | 606,579 | 497,707 | ||
| 606,579 | 497,707 |
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2024 | 2023 | |
| Donations and gifts | 193,924 | 191,412 |
| Donations and gif& | ||
| Donations | 130,238 | 127,586 |
| Friday collection | 33,016 | 36,771 |
| Madrassa fee | 22,673 | 10,062 |
| HMRC gift aid | 7,997 | 16,993 |
| 193,924 | 191,412 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2024 | 2023 | ||
| Rental income | |||
| Charitable rental income | 10,000 | 18,180 | |
| 5 | Expenditure on charitableactivities |
||
| Charitable | Charitable | ||
| Expenditure | Expenditure | ||
| 2024 | 2023 | ||
| Directcosts | |||
| Staff costs | 42,097 | 31,975 | |
| Depreciation and impairment | 10,211 | 10,211 | |
| Rent and service charges | 13,947 | 14,740 | |
| Lightand heat | 7,191 | 10,476 | |
| General expense | 408 | ||
| Telephoneand internet | 72 | 72 | |
| Printing and stationary | 681 | 197 | |
| Insurance | 1,876 | 1,626 | |
| Bank fees | 1,187 | 474 | |
| Repairs and maintenance | 3,278 | ||
| Accountancy | 3,840 | 1,200 | |
| Cleaning | 411 | 288 | |
| Entertainment | 1,773 | 100 | |
| Madrassa expense | 2,748 | 2,536 | |
| Software costs | 651 | 343 | |
| Rates | 1 ,089 | 2,418 | |
| Subscription | 27 | ||
| Other direct costs | 4,000 | 10,388 | |
| 95,052 | 871479 | ||
| Analysis by fund | |||
| Unrestricted funds | 95,052 | 87,479 | |
| 6 | Net movement in funds |
2024 | 2023 |
| The net movement in funds isstated aftercharging/(crediting): | |||
| Fees payable forthe audit of the charitys financial statements | |||
| Depreciation of ownedtangible fixed assets | 10,211 | 10,211 |
| The average monthly number of employees during th | e year was: | |
|---|---|---|
| 2024 | 2023 | |
| Number | Number | |
| 7 | 6 | |
| Employment | 2024 | 2023 |
| Wagesand salaries | 42,097 | 31 ,975 |
| Tangible fixed assets | |||
|---|---|---|---|
| Freehold land | Assets under | Total | |
| and buildings | construction | ||
| Cost | |||
| At 1 January 2024 | 560,568 | 88,257 | 648,825 |
| Additions | 1,895 | 1,895 | |
| At 31 December 2024 | 560,568 | 90,152 | 650,720 |
| Depreciation and impairrnent | |||
| At 1 January 2024 | 20,423 | 20,423 | |
| Depreciation charged in the year | 10,211 | 10,211 | |
| At 31 December 2024 | 30,634 | 30,634 | |
| Carrying amount | |||
| At 31 December 2024 | 529,934 | 90,152 | 620,086 |
| At 31 December 2023 | 540,146 | 88,257 | 628,403 |
| Creditors: amounts falling due within one year | |||
|---|---|---|---|
| 2024 | 2023 | ||
| Other taxation and social security | 208 | 143 | |
| Other creditors | 446 | ||
| Accrualsand deferred income | 1 | ,440 | 1 ,440 |
| 1 | ,648 | 2,029 |
| 12 | Creditors: amountsfalling due after more than one year | ||
|---|---|---|---|
| 2024 | 2023 | ||
| Other creditors | 235,246 | 262,246 |
| At 1 January | Incoming | Resources | At 31 | |
|---|---|---|---|---|
| 2024 | resources | expended | December | |
| 2024 | ||||
| General funds | 497,707 | 203,924 | (95,052) | 606,579 |
| Previous year: | At 1 January | Incoming | Resources | At 31 |
| 2023 | resources | expended | December | |
| 2023 | ||||
| General funds | 375,594 | 209,592 | (87,479) | 497,707 |