| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 7 | to | 11 | |
| Detailed Statement ofFinancial Activities | 12 |
| FORTHE Y | EAR ENDED 31M | ARCH 2023 | ||
|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | 8 | |||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations aud legacies |
2 | 140,538 | 129,024 | |
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| CHARITABLE | 79,278 | 62,027 | ||
| NET INCOME | 61,260 | 66,997 | ||
| RECONCILIATION | OF FUNDS | |||
| Total funds brought forward |
1,365,402 | 1,298,405 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,426,662 | 1,365,402 |
| BALANCE SHEET 31MARCH 2023 |
||||
|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | ||||
| FIXEDASSETS | ||||
| Tangible assets | 1,200,000 | 1,200,000 | ||
| CURRENT ASSETS | ||||
| Cash at bank and in hand | 230,690 | 170,606 | ||
| CREDITORS | ||||
| Amounts falling due within |
one year | (4,028) | (5,204) | |
| NET CURRENT ASSETS | 226,662 | 165,402 | ||
| TOTAL ASSETSLESSCURRENT | ||||
| LIABILITIES | 1,426,662 | 1,365,402 | ||
| NET ASSETS | 1,426,662 | 1,365,402 | ||
| FUNDS | 10 | |||
| Unrestricted funds |
1,426,662 | 1,365,402 | ||
| TOTAL FUNDS | 1,426,662 | 1,365,402 |
| DONATIONS AND LEGACIES |
|||
|---|---|---|---|
| 31.3.23 | 31.3.22 | ||
| Donations | 59,965 | 61,344 | |
| Madrassa Fees | 69,250 | 55,305 | |
| Li1lab | 10,771 | 10,134 | |
| Qurbani dr Sadaqa |
552 | 951 | |
| Masjid Expansion | 1,290 | ||
| 140,538 | 129,024 | ||
| CHARITABLE ACTIVITIES COSTS | |||
| Direct | Support | ||
| Costs | costs | Totals | |
| CHARITABLE | 71,401 | 7,877 | 79,278 |
| STAFFC | STS | |||||
|---|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||||
| Wages and | salaries | 39,875 | 41,316 | |||
| 39,875 | 41,316 | |||||
| The average | monthly | number ofemployees | during the year was as follows: | |||
| 31.3.23 | 31.3.22 | |||||
| Charitable | Activities | 8 | 8 |
| NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31MARCH 2023 |
NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31MARCH 2023 |
NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31MARCH 2023 |
NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31MARCH 2023 |
|
|---|---|---|---|---|
| COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES 31.3.22 | ||||
| Unrestricted | ||||
| fund | ||||
| f | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies |
129,024 | |||
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| CHARITABLE | 62,027 | |||
| NET INCOME | 66,997 | |||
| RECONCILIATION | OF FUNDS | |||
| Total funds brought forward |
1,298,405 | |||
| TOTAL FUNDS CARRIED | ||||
| FORWARD | 1,365,402 | |||
| 7. | KEYMANAGEMENT | PERSONNEL | ||
| Key Management Personnel |
comprise ofthe Board ofTrustees. | |||
| 8. | TANGIBLE FIXEDASSETS | |||
| Freehold | ||||
| property | ||||
| COST | ||||
| At 1 April 2022 and 31 | March 2023 | 1,200,000 | ||
| NET BOOK VALUE | ||||
| At 31 March 2023 | 1,200,000 | |||
| At 31 March 2022 | 1,200,000 |
| 9. | CREDITOR | S | : AMOUNTS | FA | LLING DUE | WITHIN ONE YEAR | ||
|---|---|---|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||||||
| Taxation and | social security | 179 | ||||||
| Other creditors | 3,849 | 5,204 | ||||||
| 4,028 | 5,204 | |||||||
| 10. | MOVEMENT | IN FUNDS | ||||||
| Net | ||||||||
| movement | At | |||||||
| At 1/4/22 | in funds | 31/3/23 | ||||||
| Unrestricted | funds | |||||||
| General fund | 1,365,402 | 61,260 | 1,426,662 | |||||
| TOTAL FUNDS | 1,365,402 | 61,260 | 1,426,662 | |||||
| Net movement | in funds, included | in the above | are as follows: | |||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted | funds | |||||||
| General fund | 140,538 | (79,278) | 61,260 | |||||
| TOTAL FUNDS | 140,538 | (79,278) | 61,260 | |||||
| Comparatives | for movement | in | funds | |||||
| Net | ||||||||
| movement | At | |||||||
| At 1/4/21 | in funds | 31/3/22 | ||||||
| Unrestricted | funds | |||||||
| General fund | 1,298,405 | 66,997 | 1,365,402 | |||||
| TOTAL FUNDS | 1,298,405 | 66,997 | 1,365,402 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| t | 6 | |||
| Unrestricted | funds | |||
| General fund | 129,024 | (62,027) | 66,997 | |
| TOTAL FUNDS | 129,024 | (62,027) | 66,997 |
| FOR THE YEAR ENDED | 31MARCH 2023 | |||
|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies Donations |
59,965 | 61,344 | ||
| Madrassa Fees | 69,250 | 55,305 | ||
| Lillah | 10,771 | 10,134 | ||
| Qurbani 1kSadaqa Masjid Expansion |
552 | 951 1,290 |
||
| 140,538 | 129,024 | |||
| Total incoming resources | 140,538 | 129,024 | ||
| EXPENDITURE | ||||
| Charitable activities |
||||
| Wages Rates and water |
39,875 40 |
41,316 460 |
||
| Light and heat Telephone |
7,337 1,324 |
2,678 1,263 |
||
| Postage and stationery | 100 | 8 | ||
| Sundries | 790 | |||
| Casual Wages | 18,910 | 10,833 | ||
| Books and Other Materials | 1,555 | 2,969 | ||
| Events and Prizes | 1,470 | |||
| 71,401 | 59,527 | |||
| Support costs | ||||
| Information technology |
||||
| Repairs and renewals | 5,577 | 300 | ||
| Governance costs |
||||
| Independent Examiners Fees Other Professional Costs |
1,400 900 |
1,300 900 |
||
| 2,300 | 2,200 | |||
| Total resources expended | 79,278 | 62,027 | ||
| Net income | 61,260 | 66,997 |