## **Trustees’ Annual Report for the period**
## **From 01/09/2020 To 31/08/2021**
**Charity name: Masjid-E- Quba Association Ltd**
## **Charity registration number: 1191829**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**_To advance the Islamic faith in_**
**_accordance with the teachings of the_**
**_Holy Quran in the Newham area of_**
**_London for the benefit of the public_**
**_mainly but not exclusively through the_**
**_holding of prayer meetings, religious_**
**_education, public celebration of_**
**_religious festivals and to provide_**
**_outreach and pastoral care for the_**
**_community.”_**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19||
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18||
## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference **Not applicable** Para 1.38 Policy on grant making **Not Applicable** Para 1.38 Policy on social investment including program related investment Para 1.38
Contribution made by volunteers Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**Charity is working on its objectives and**
**has not yet started its operation. The**
**charity is currently searching for the**
**premises.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**The trustees have reviewed the financial**
**statement of the company.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**The charity holds the reserve for the**
**acquisition of new property and will be**
**utilising once the property is finalise.**|
|Amount of reserves held|Para 1.22|**£176,770.00**|
|Reasons for holding zero
reserves|Para 1.22|**Not Applicable**|
|Details of fund materially in
deficit|Para 1.24|**Not Applicable**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**Not Applicable**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
||||
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47||
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:||**Charity is a company registered with the**
**Companies House limited by guarantee**|
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25||
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Company limited by Guarantee**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**As per the article of association**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
## **Reference and Administrative details**
|Charity name|Masjid e quba Association Ltd|
|---|---|
|Other name the charity uses||
|Registered charity number|1191829|
|Charity’s principal address|212C, Romford Road, London
E7 9HY
United Kingdom|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Saleem Patel||||
||Eqramulhak
Mehmed Hanif
Bhad||||
||Elias Ismail Ahmed||||
||Allibhai Ahmed
Khoonawala||||
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## – Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets **Not Applicable** held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|**Saleem Patel**||
|---|---|---|
||Saleem Patel||
||
Director||
||03/12/2021||
||03/12/2021||
Registered number 12180101
Masjid-E-Quba Association Ltd Trustees' Annual Report Report and Accounts
31 August 2021
## **Masjid-E-Quba Association Ltd Report and accounts Contents**
||**Page**|
|---|---|
|Company information|1|
|Directors' report|2|
|Accountants' report|3|
|Income and Expenditure Account|4|
|Balance sheet|5|
|Statement of changes in equity|6|
|Notes to the accounts|7|
## **Masjid-E-Quba Association Ltd Company Information**
## **Directors**
Saleem Patel Allibhai Ahmed Khoonawala Eqramul Hak Mehmed Hanif Bhad Elias Ismail Ahmed
## **Accountants**
Alchemy Associates Ltd 4 Wangey Road Chadwell Heath Romford Essex RM6 4DD
**Registered number** 12180101
1
**Masjid-E-Quba Association Ltd Registered number: 12180101 Directors' Report**
The directors present their report and accounts for the year ended 31 August 2021.
## **Principal activities**
Company is a charitable company registered with the charity Commission. The Charity currently receiving rental income from the investment properties.
## **Directors**
The following persons served as directors during the year:
Saleem Patel Allibhai Ahmed Khoonawala Eqramul Hak Mehmed Hanif Bhad Elias Ismail Ahmed
## **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 3 December 2021 and signed on its behalf.
Mr Saleem Patel Director
2
**Masjid-E-Quba Association Ltd**
## **Independent Examiner's Report to the trustee/members of Masjid-E-Quba Association Ltd**
We report on the accounts for the year ended 31st August 2021 which are set out on page 4.
## **Respective responsibilities of trustees and examiner**
The charity's trustees consider that an audit in not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.
It is our responsibility to:
examine the accounts (under section 43 of the Act),
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the Act),and
to state whether particular matters have come to our attention.
## **Basis of independent examiner's report**
Our 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 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 statement below.
## **Independent examiner's statement**
In the course of our examination, no matter has come to our attention:
1. which gives us reasonable cause to believe that in, any material respect, the requirements: to keep accounting records in accordance with section 41 of the Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act; have not been met; or
2. to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
S A Shah [FCCA] Alchemy Associates Ltd
4 - Wangey Road Chadwell Heath Essex RM6 4DD
3 December 2021
3
## **Masjid-E-Quba Association Ltd**
## **Report to the directors on the preparation of the unaudited statutory accounts of Masjid-EQuba Association Ltd for the year ended 31 August 2021**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Masjid-E-Quba Association Ltd for the year ended 31 August 2021 which comprise of the Income and Expenditure Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Alchemy Associates Ltd Chartered Certified Accountants 4 Wangey Road Chadwell Heath Romford Essex RM6 4DD
3 December 2021
4
## **Masjid-E-Quba Association Ltd Income and Expenditure Account for the year ended 31 August 2021**
|**Rent Recievables**
Administrative expenditure
**Surplus profit**
Interest receivable
**Surplus After Expenditure**
**Surplus for the financial year**|**2021**
**£**
33,165
(3,291)
29,874
9
29,883
29,883|**2020**
**£**
23,010
(1,109)
21,901
-
21,901
21,901|
|---|---|---|
5
12180101
## **Masjid-E-Quba Association Ltd Registered number: Balance Sheet as at 31 August 2021**
|**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Debtors
4
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
5
**Net current assets**
**Net assets**
**Capital and reserves**
Unrestricted Funds
**Shareholders' funds**|**2021**
**£**
551,177
-
176,770
176,770
(1,080)
175,690
726,867
726,867
726,867|**2020**
**£**
551,177
4,900
141,987
146,887
(1,080)
145,807
696,984
696,984
696,984|
|---|---|---|
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.
Mr Saleem Patel Director Approved by the board on 3 December 2021
6
## **Masjid-E-Quba Association Ltd Statement of Changes in Equity for the year ended 31 August 2021**
|**At 29 August 2019**
Surplus for the period
Unrestricted funds
**At 31 August 2020**
**At 1 September 2020**
Surplus for the financial year
**At 31 August 2021**|**Share**
**capital**
**£**
-
-
-
-|**Share**
**premium**
**£**
-
-
-
-|**Re-**
**valuation**
**reserve**
**£**
-
-
-
-|**Surplus**
**and (Deficit)**
**account**
**£**
-
21,901
675,083
696,984
696,984
29,883
726,867|**Total**
**£**
-
21,901
675,083
696,984
696,984
29,883
726,867|
|---|---|---|---|---|---|
7
**Masjid-E-Quba Association Ltd Notes to the Accounts for the year ended 31 August 2021**
## **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).
## _**Tangible fixed assets**_
Tangible fixed assets are measured at cost.
## _**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.
|**2**
**Employees**
Average number of persons employed by the company
**3**
**Tangible fixed assets**
**Cost**
At 1 September 2020
At 31 August 2021
**Depreciation**
At 31 August 2021
**Net book value**
At 31 August 2021
At 31 August 2020
**4**
**Debtors**
Other debtors
**5**
**Creditors: amounts falling due within one year**
Other creditors|**2021**
**Number**
0
**2021**
**£**
-
**2021**
**£**
1,080|**2020**
**Number**
0
**Land and**
**buildings**
**£**
551,177
551,177
-
551,177
551,177
**2020**
**£**
4,900
**2020**
**£**
1,080|
|---|---|---|
## **6 Other information**
Masjid-E-Quba Association Ltd is a private company limited by Guarantee and incorporated in England. Its registered office is:
8
## **Masjid-E-Quba Association Ltd Detailed Income and Expenditure account for the year ended 31 August 2021**
_This schedule does not form part of the statutory accounts_
|**Rent Receivables**
Administrative expenses
**Operating Surplus**
Interest receivable
**Surplus before tax**|**2021**
**£**
33,165
(3,291)
29,874
9
29,883|**2020**
**£**
23,010
(1,109)
21,901
-
21,901|
|---|---|---|
9
## **Masjid-E-Quba Association Ltd Detailed Income and Expenditure account for the year ended 31 August 2021**
_This schedule does not form part of the statutory accounts_
|**Sales**
Rent Receivables
**Administrative expenses**
General administrative expenses:
Bank charges
Legal and professional costs:
Accountancy fees
Other legal and professional|**2021**
**£**
33,165
86
86
1,080
2,125
3,205
3,291|**2020**
**£**
23,010
29
29
1,080
-
1,080
1,109|
|---|---|---|
10
## **Masjid-e- Quba Association Ltd**
## **Independent Examiner's Report to the trustee/members of Masjid-e- Quba Association Ltd**
We report on the accounts for the year ended 31st August 2021 which are set out on page 4.
## **Respective responsibilities of trustees and examiner**
The charity's trustees consider that an audit in not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.
It is our responsibility to:
examine the accounts (under section 43 of the Act),
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the Act),and
to state whether particular matters have come to our attention.
## **Basis of independent examiner's report**
Our 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 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 statement below.
## **Independent examiner's statement**
In the course of our examination, no matter has come to our attention:
1. which gives us reasonable cause to believe that in, any material respect, the requirements: to keep accounting records in accordance with section 41 of the Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act; have not been met; or
2. to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
S A Shah [FCCA] Alchemy Associates Ltd
4 - Wangey Road Chadwell Heath Essex RM6 4DD
03/12/2021