OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-06-30-accounts

Registered number CE022432

MUSLIM HELPING HAND

Report and Accounts

30 June 2022

Registered number CE022432

MUSLIM HELPING HAND

Filleted Accounts

30 June 2022

MUSLIM HELPING HAND Registered number: Directors' Report

CE022432

The directors present their report and accounts for the year ended 30 June 2022.

Principal activities

The company's principal activity during the year continued to bb charitable organization

Directors

The following persons served as directors during the year:

ISLAM UDDIN

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 12 January 2023 and signed on its behalf.

ISLAM UDDIN Director

1

MUSLIM HELPING HAND Accountants' Report

Accountants' report to the directors of MUSLIM HELPING HAND

You consider that the company is exempt from an audit for the year ended 30 June 2022. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

MAHI & CO Accountants

83-85 NELSON STREET LONDON E1 2HN

12 January 2023

2

MUSLIM HELPING HAND Profit and Loss Account for the year ended 30 June 2022

Donation
Administrative expenses
Operating profit
Profit before taxation
Tax on profit
Income over Expenditure
2022
2021
£
£
21,988
3,757
(9,753)
(3,150)
12,235
607
12,235
607
-
-
12,235
607

3

MUSLIM HELPING HAND
Registered number:
Balance Sheet
as at 30 June 2022
Notes
Current assets
Cash at bank and in hand
Creditors: amounts falling due
within one year
3
Net current assets
Net assets
FUNDS
Income and Expenditure Account
Total Funds
CE022432
2022
2021
£
£
12,992
1,327
(150)
(720)
12,842
607
12,842
607
12,842
607
12,842
607

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

ISLAM UDDIN Director Approved by the board on 12 January 2023

4

MUSLIM HELPING HAND Notes to the Accounts for the year ended 30 June 2022

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Intangible fixed assets

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

5

MUSLIM HELPING HAND Notes to the Accounts for the year ended 30 June 2022

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

2
Employees
Average number of persons employed by the company
3
Creditors: amounts falling due within one year
Accountancy
2022
2021
Number
Number
0
0
2022
2021
£
£
150
200

4 Other information

MUSLIM HELPING HAND is a private company limited by guarantee and incorporated in England. Its registered office is: 96 WHITE HART LANE LONDON N17 8HP

6

MUSLIM HELPING HAND

Detailed profit and loss account for the year ended 30 June 2022

This schedule does not form part of the statutory accounts

Donation
Administrative expenses
Operating profit
Income over Expenditure
2022
2021
£
£
21,988
3,757
(9,753)
(3,150)
12,235
607
12,235
607

7

MUSLIM HELPING HAND

Detailed profit and loss account for the year ended 30 June 2022

This schedule does not form part of the statutory accounts

Sales
Donation
Administrative expenses
General administrative expenses:
BD Donation
Subscriptions
Building Works
Legal and professional costs:
Accountancy fees
2022
2021
£
£
21,988
3,757
6,207
2,240
-
610
3,087
100
9,423
2,950
150
200
330
200
9,753
3,150

8