Charity registration number 1197266
STANMORE JAFFERYS CIO
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2022
STANMORE JAFFERYS CIO
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr S Merali (Appointed 6 February 2022) Ms S Chagpar (Appointed 6 February 2022) Mr Z Khimji (Appointed 6 February 2022) Mrs S Tharoo (Appointed 6 February 2022) Mr S Allibhai (Appointed 9 February 2022) Dr W Fazel (Appointed 25 February 2022) Mrs S Harji (Appointed 1 September 2022)
Charity number 1197266 Independent examiner FLS Accounting Solutions Limited T/A SP Vinshaw 36 The Metro Centre Dwight Road Watford WD18 9SB Management Committee Mr S Merali Head of Gents Sports Dr W Fazel Gents Vice Sports Lead Mr A Momin Gents Sports Secretary Mr S Virjee Gents Sports Assistant Secretary Mr M Daya Gents Sports Treasurer Ms S Chagpar Head of Ladies Sports Mrs S Govani Ladies Vice Sports Lead Mrs S Meghji Ladies Sports Secretary Mrs F D Rajabali Ladies Sports Assistant Secretary Mrs F Z Hassan Ladies Sports Treasurer Ms B Lalji Ladies Sports Assistant Treasurer
STANMORE JAFFERYS CIO
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 - 13 |
STANMORE JAFFERYS CIO
TRUSTEES' REPORT
FOR THE PERIOD ENDED 31 DECEMBER 2022
The trustees present their annual report and financial statements for the period ended 31 December 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the association's constitution, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
Objects, objectives and activities
The association's objectives are:
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The promotion of community participation in healthy recreation for the benefit of the inhabitants of North London by the provision of facilities for playing sport.
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To promote for the benefit of the inhabitants of North London and the surrounding area the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants.
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The promotion of religious harmony for the benefit of the public by: (but without prejudice to the generality of the foregoing):
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Promoting knowledge and mutual understanding and respect of the beliefs and practices of different religious faiths.
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Educating the public in different religious beliefs including an awareness of their distinctive features and their common ground primarily but not exclusively in the context of sport to promote good relations between persons of different faiths.
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The prevention or relief of poverty by providing grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the association should undertake.
Achievements and performance
2022 witnessed the first full year of activities post pandemic, with both the gents & ladies activities resuming across the board. We saw an introduction of new sports across the club. The club also went through the cycle of change across the sport coordinators, with new teams coming onboard to continue the great work carried out by their predecessors. As a club we have also progressed in our digital offering with the introduction of the CRM which significantly eases the back end administrative tasks that are carried out at HQ.
Ali Asghar Water Appeal (AAWA):
For 2022, the flagship project was a Desalination plant in Nzovoni, Kenya and the funding aimed at building a solar powered saline water desalination plant in the remote area of Nzavoni, Kenya to provide 2000 litres per hour of clean drinking water to over 350 families who currently walk more than 10k to access water. We are pleased to announce the plant opened on 14 February 2023. We extended the sportive to include gents & ladies running, walking as well as the traditional cycling ride. Over the course of the sportive we had more than 270 members participate. From the fundraising side, our members generosity meant we collected in excess of £100,000 which is all being utilised to provide sustainable water solutions to areas that need it most.
Below we have a detailed report for each of the gents & ladies sections for the activities across the year. We would like to extend our gratitude to the KSIMC of London for their continuous support and we look forward to increasing the collaboration into 2023.
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STANMORE JAFFERYS CIO
TRUSTEES' REPORT (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022
Gents Sports:
2022 dawned with a full resumption of the gents sporting activities with no Covid restrictions in place. We witnessed strong demand across all gents & boys sporting activities with the bulk of the sessions being utilised to their maximum capacity. We also introduced a new sport within gents through the addition of basketball to the portfolio.
For the first time in our history, Stanmore Jafferys offered a range of 13 sporting activities to its members, accommodating members of all ages from toddlers through to our beloved Seniors.
Together with our weekly sporting activities and the flagship AAWA campaign we also hosted another flagship event in 2022:
Al Wilayah (Volleyball):
We hosted the 4th Edition of the Al Wilayah Volleyball Tournament over the Jubilee Weekend with an unprecedented number of teams attending from abroad (6). Over the course of the tournament, we witnessed a level of volleyball not witnessed on these shores previously, with a record crowd attending on the final day cheering our boys on to winning the coveted trophy. The organising team did a fantastic job, and a mention to our media team who put on a show akin to what is usually witnessed on Sky Sports - we also smashed the number of online views with over 100K views across our Media Platforms over the course of the tournament.
In addition to Al Wilayah, we hosted the Annual Cricket Bonanza, for the first time including external teams. We also hosted several internal tournaments to bring the members together in a competitive but more importantly in an environment where brotherhood is fostered. We also went through a cycle of bringing in new sports coordinators as their predecessors stepped down after serving SJ selflessly over the last two years.
Ladies Sports:
2022 was the first full year of activity post pandemic with a range of sports available providing a variety of experiences encouraging members of all ages and abilities to take part.
Sports available to ladies and girls were badminton, cricket, fitness, football, golf, netball, running, tennis, throwball and volleyball. Throwball was a new sport introduced in 2022 and saw great uptake from ladies of all ages. Many events were held during weekly sessions including Mother & Daughter and Xtreme Netball, ‘Bond’minton, Glow in the Dark Volleyball and SJ Football Euros.
In girls’ sports, cricket continued to be a hit with children participating in the ECB All Stars Programme for age 5-8 years. Regular training every Sunday culminated in U16 MAMT held in October where Stanmore Jafferys returned winners in all age categories for netball and football.
The girls also attended the Women’s FA Cup Final 2022 at Wembley Stadium in May. There were many events held across the year targeted to various sports and age groups. This included SJ Golf Day and a Seniors Sports Day for the KSIMC of London (Hujjat) ladies seniors which they thoroughly enjoyed.
The highlight of the year was the return of our flagship Marhaba Festival:
Marhaba – A Festival of Sport:
SJ Ladies held the Marhaba Festival of Sports for the first time since 2019 with two events taking place across two separate weekends covering racket sports (badminton, table tennis and tennis), netball and football. The events were well attended with over 200 participants at both weekends and the community spirit and atmosphere was welcomed after 3 years away. The festival drew good contingents from external Jamaats as far as Mombasa, Dubai and Toronto.
The availability of volunteers continues to be a challenge which the committee are looking to address to ensure sports continue to be provided to the community.
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STANMORE JAFFERYS CIO
TRUSTEES' REPORT (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022
Financial review
2022 was the first full year of operation for Stanmore Jafferys CIO.
The total funds received during the period was £323,621. The membership income and sponsorships accounted for approximately 23% of total income. The total funds expended during the period was £312,416.
The Statement of Financial Activities for the period shows a net surplus of £11,205.
We are grateful to the members, partners, sponsors and donors who have continued to support the club financially during this difficult year and we have taken this into account in continuing to provide sports and activities at subsidised rates for the year 2023 where possible.
Reserves policy:
It is the policy of the association that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to three months operational expenditure, which amounts to £9,000. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the association’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the period.
Plans for future periods
The Trustees remain aware of the ongoing cost of living challenges which lie ahead and are committed to providing affordable, subsidised sporting activities. Most of the discussion at recent Trustee meetings has focused on tackling rising venue costs, membership fatigue and tough economic conditions. Small price rises have been implemented for 2023 however, these have been put in to cover some of the rising costs the club faces. Membership fees for 2023 were frozen at pre-pandemic levels and local and national grants and subsidies are being sought to bolster the clubs finances and offering and enable us to invest in our members, volunteers and coaches.
Despite some tough conditions, the trustees remain confident that the club will make further progress and prosper with the full range of sports available to its members.
Structure, governance and management
The association is governed by the constitution and was recognised by the Charities commission as a Charitable Incorporated Organisation (CIO) on 21st December 2021.
The trustees of Stanmore Jafferys CIO, acting as a board, carry the responsibility of complying with the requirements of the constitution.
The trustees meet quarterly and defer operational details and day to day management of the club to the management committee which meets more regularly.
| The trustees meet quarterly and defer operational details and day to day management of the club to the management committee which meets more regularly. |
The trustees meet quarterly and defer operational details and day to day management of the club to the management committee which meets more regularly. |
|---|---|
| The trustees who served during the period and up to the date of signature of the financial statements were: | |
| Mr S Merali | (Appointed 6 February 2022) |
| Ms S Chagpar | (Appointed 6 February 2022) |
| Mr Z Khimji | (Appointed 6 February 2022) |
| Mrs S Tharoo | (Appointed 6 February 2022) |
| Mr S Allibhai | (Appointed 9 February 2022) |
| Dr W Fazel | (Appointed 25 February 2022) |
| Mrs S Harji | (Appointed 1 September 2022) |
Additional trustees may be appointed by the members or at the discretion of the trustees in accordance with the constitution. At any one time there must be a minimum of seven trustees and a maximum of twelve trustees.
None of the trustees has any beneficial interest in the CIO.
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STANMORE JAFFERYS CIO
TRUSTEES' REPORT (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022
The trustees' report was approved by the Board of Trustees.
Mr S Merali Trustee
Ms S Chagpar Trustee
14 March 2023
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STANMORE JAFFERYS CIO
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF STANMORE JAFFERYS CIO
I report to the trustees on my examination of the financial statements of Stanmore Jafferys CIO (the association) for the period ended 31 December 2022.
Responsibilities and basis of report
As the trustees of the association you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the association’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the association’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of , which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the association as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
FLS Accounting Solutions Limited T/A SP Vinshaw
36 The Metro Centre Dwight Road Watford WD18 9SB
Dated: 14 March 2023
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STANMORE JAFFERYS CIO
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 DECEMBER 2022
| Unrestricted | ||||
|---|---|---|---|---|
| funds | ||||
| 2022 | ||||
| Notes | £ | |||
| Income from: | ||||
| Donations and legacies | 3 | 119,386 | ||
| Charitable activities | 4 | 204,228 | ||
| Investments | 5 | 7 | ||
| Total income | 323,621 | |||
| Expenditure on: | ||||
| Raising funds | 6 | 7,748 | ||
| Charitable activities | 7 | 304,668 | ||
| Total expenditure | 312,416 | |||
| Net income for the period/ | ||||
| Net movement in | funds | 11,205 | ||
| Fund balances at 21 December 2021 | - | |||
| Fund balances at 31 December 2022 | 11,205 |
The statement of financial activities includes all gains and losses recognised in the period.
All income and expenditure derive from continuing activities.
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STANMORE JAFFERYS CIO
BALANCE SHEET
AS AT 31 DECEMBER 2022
| 2022 | |||
|---|---|---|---|
| Notes | £ | £ | |
| Current assets | |||
| Debtors | 11 | 2,330 | |
| Cash at bank and in hand | 12,062 | ||
| 14,392 | |||
| Creditors: amounts falling due within one year | 12 | (3,187) | |
| Net current assets | 11,205 | ||
| Income funds | |||
| Unrestricted funds | 11,205 | ||
| 11,205 | |||
| The financial statements were approved by the Trustees on 14 March 2023 | |||
| Mr S Merali | Ms S Chagpar | ||
| Trustee | Trustee |
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STANMORE JAFFERYS CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2022
1 Accounting policies
Charity information
Stanmore Jafferys CIO is a CIO with the objective of promoting community participation in healthy recreation for the benefit of the inhabitants of North London by the provision of facilities for playing sport.
1.1 Reporting period
The CIO was registered with the Charity commission on 21 December 2021 and has prepared its first set of financial statements to 31 December 2022 covering a period of just over 12 months.
1.2 Accounting convention
The financial statements have been prepared in accordance with the association's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The association is a Public Benefit Entity as defined by FRS 102.
The association has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the association. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.3 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the association has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.4 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the association.
1.5 Income
Income is recognised when the association is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the association has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
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STANMORE JAFFERYS CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022
1 Accounting policies
(Continued)
Legacies are recognised on receipt or otherwise if the association has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
1.6 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8 Financial instruments
The association has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the association's balance sheet when the association becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
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STANMORE JAFFERYS CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022
1 Accounting policies
(Continued)
Derecognition of financial liabilities
Financial liabilities are derecognised when the association’s contractual obligations expire or are discharged or cancelled.
1.9 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the association is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2 Critical accounting estimates and judgements
In the application of the association’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Donations and legacies
| Unrestricted | |
|---|---|
| funds | |
| 2022 | |
| £ | |
| Donations and gifts | 43,795 |
| Membership income and sponsorships | 75,591 |
4 Charitable activities
| Charitable activities | |||
|---|---|---|---|
| Weekly Sports | AAWA | Total | |
| & Events | Income | 2022 | |
| 2022 | 2022 | ||
| £ | £ | £ | |
| Income from charitable activities | 117,653 | 86,575 | 204,228 |
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STANMORE JAFFERYS CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022
| 5 | Investments | |||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | ||||
| 2022 | ||||
| £ | ||||
| Interest receivable | 7 | |||
| 6 | Raising funds | |||
| Unrestricted | ||||
| funds | ||||
| 2022 | ||||
| £ | ||||
| Fundraising and publicity | ||||
| Advertising | 7,748 | |||
| 7,748 | ||||
| 7 | Charitable activities | |||
| Charitable | ||||
| Expenditure | ||||
| 2022 | ||||
| £ | ||||
| Weekly Sports & Events | 75,969 | |||
| Venue Hire | 88,706 | |||
| Equipment & Kit Purchase | 16,362 | |||
| AAWA Expense | 86,576 | |||
| 267,613 | ||||
| Share of support costs (see note 8) | 37,055 | |||
| 304,668 |
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STANMORE JAFFERYS CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022
8 Support costs
| Support costs | ||||
|---|---|---|---|---|
| Support | 2022 | |||
| costs | ||||
| £ | £ | |||
| Catering | 21,848 | 21,848 | ||
| IT Software & Consumables | 3,110 | 3,110 | ||
| Website costs and marketing | 5,174 | 5,174 | ||
| Insurance | 2,338 | 2,338 | ||
| Workshops, Education & Training - Tutor/Seminar Costs | 287 | 287 | ||
| Professional registrations/subscriptions | 74 | 74 | ||
| Accountancy fees | 1,000 | 1,000 | ||
| Other admin expenses | 3,224 | 3,224 | ||
| 37,055 | 37,055 | |||
| Analysed between | ||||
| Charitable activities | 37,055 | 37,055 |
9 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the association during the period.
10 Employees
The average monthly number of employees during the period was:
| 2022 | |
|---|---|
| Number | |
| Total | - |
There were no employees whose annual remuneration was more than £60,000.
11 Debtors
| Debtors | |
|---|---|
| 2022 | |
| Amounts falling due within one year: | £ |
| Other debtors | 42 |
| Prepayments and accrued income | 2,288 |
| 2,330 |
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STANMORE JAFFERYS CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022
| 12 | Creditors: amounts falling due within one year | |
|---|---|---|
| 2022 | ||
| £ | ||
| Accruals and deferred income | 3,187 | |
| 13 | Related party transactions |
There were no disclosable related party transactions during the period ( - none).
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STANMORE JAFFERYS CIO
_____ _____________
FLS Accounting Solutions Limited T/A SP Vinshaw Chartered Certified Accountants 36 The Metro Centre Dwight Road Watford WD18 9SB
Date: 14[th] March 2023
Dear Sirs,
FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2022
We hereby confirm to the best of our knowledge and belief and having made appropriate enquires of other trustees and officials of the charity, the following representations given to you in connection with your independent examination of the financial statements for the period ended 31[st] December 2022.
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We acknowledge as trustees our responsibility for making accurate representations to you and for the financial statements which you have prepared on our behalf for the charity.
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We confirm that all accounting records have been made available to you for the purpose of your independent examination and that all the transactions undertaken by the Trust have been properly reflected and recorded in the accounting records. All other records and related information, including minutes of all trustees, management and members’ meetings, have been made available to you.
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We confirm that, at the balance sheet date, the Trust had no liabilities or provisions other than those recognised and no contingent liabilities other than those disclosed in the financial statements.
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We confirm that there have been no events since the balance sheet date, which require disclosure or which would materially affect the amounts in the financial statements, other than those already disclosed or included in the financial statements.
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We confirm that the Trust has not contracted for any capital expenditure other that as disclosed in the financial statements
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We have advised you of any and all laws and regulations considered central to the operation of the Trust or which provide a legal framework within which the Trust conducts its operations and confirm that there has been no possible or actual instance of non-compliance with those laws and regulations, except as explained to you and as disclosed in the financial statements
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We confirm that, in our opinion, the Trust’s financial statements should be prepared on the grounds that current and future sources of funding or support will be more than adequate for the Trust’s needs. We believe that no further disclosures in respect of the charity’s ability to continue as a going concern need to be made in the financial statements.
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We confirm that you were not aware of any transactions with related parties requiring disclosure in the financial statements other than as already disclosed.
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We confirm that all grants, donations and other income, including those subject to special terms or conditions or received for restricted purposes, have been notified to you. There have been no breaches of terms or conditions during the period regarding the application of such income.
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We acknowledge our responsibility for the design and implementation of internal controls to prevent and detect fraud. We confirm that we have disclosed to you the results of our own assessment of the risk of fraud in the charity.
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We confirm that there have been no actual or suspected instances of fraud involving trustees, management or employees who have a significant role in internal control or that could have a material effect on the financial statements. We also confirm that we are not aware of any allegations of fraud by former trustees, employees, regulators or others.
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- We confirm that we are not aware of any matters of material significance that should be reported to the Charity Commission.
As minuted by the Board of Trustees at its’ meeting on 14[th] March 2023.
Yours faithfully, __ __ Mr S Merali Ms S Chagpar Trustee Trustee
Principal Address: Hussaini Islamic Centre, Wood Lane, Stanmore, HA7 4LQ
Registered in England: Charity No. 1197266
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