SBMCA Financial Year (1[st] year) April 2022 – April 2023
At the end of the financial year April 2023, SBMCA have total assets of £15,945.
Throughout the year we received £22,379.86 in donations – these include donations from collections in the mosque, one-off donations, regular standing orders from community members and some small charitable grants from successful applications.
Our expenditure in order to deliver our activities came to a total of £6,435.05.
Activities:
Weekly Friday prayer
SBMCA has been holding weekly Friday prayers in a local hall attended by Muslims from the community.
Ramadan nightly prayers and community iftar
Around 50 people attended tarawih prayers regularly throughout the month of Ramadan. SBMCA arranged two community iftar events which were well attended by the community.
Eid prayers and celebrations
SBMCA organised prayers for Eid al fitr and Eid al adha in a local school. (University of Birmingham Secondary School). Around 500 people attended the prayers and were welcomed for refreshments after prayer.
SMBCA held a family barbeque in the evening, providing food, a bouncy castle for the younger children and sports.
Regular activities for young people:
SMBCA are running a weekly sports club which has 60 children registered and taking part. 50 children are registered for weekly Quran lessons and 45 for tuition to support children with the primary and secondary school curriculum.
Website
The website was set up with set up and ongoing fees of £880.10. The website continues to grow. It will be a place for people to donate, find out what events are on and present information about previous activities.
We are thankful to all the trustees and volunteers for their hard work and efforts, our services to the local community continue to grow and be of vital support.
We look forward to growing our charity.
Salaheddin Aboulgasem Chairman SBMCA
SBMCA Balance Sheet as at 01.04.2023
| ASSETS Current Assets Bank Paypal Inventory Prepaid Expenses Total Current Assets Fixed Assets Property Building Leasehold Improvements Equipment Furniture/Fixtures Vehicles Subtotal (Less) Accumulated Depreciation Net Fixed Assets TOTAL ASSETS LIABILITIES Current Liabilities Deferred Income Accounts Payable Taxes Payable Accrued Payroll Current Portion of Long Term Debt Total Current Liabilities Long Term Liabilities Long Term Debt Total Long-Term Liabilities TOTAL LIABILITIES NET ASSETS RESERVES Income and Expenditure A/C |
15,945 0 |
|---|---|
| 15,945 | |
| 0 | |
| 0 15,945 |
|
| 0 | |
| 0 0 |
|
| 15,945 | |
| 15,945 |
TOTAL NET WORTH 15.945
| SBMCA | ||
|---|---|---|
| Income and Expenditure Account | ||
| For the Period 18 Jan 2022 to 01 | April 202 | |
| Incoming Resources | £ | |
| General Donations | £13,307.36 | |
| Grants | £9,042.50 | |
| Eid Donations | £0.00 | |
| Eid Sales | £30.00 | |
| Total Income | £22,379.86 | |
| Expenditure | £ | |
| Bank Charges | £0.01 | |
| IT and website costs | £880.10 | |
| Eid Expenses | £1,302.94 | |
| Hall Hire | £3,672.00 | |
| Miscellaneous | £580.00 | |
| Total Expenditure | £6,435.05 | |
| Net Surplus | £15,944.81 |