CHARITY REGISTRATION NUMBER: 1197623 DAR USSALAM CULTURAL CENTRE Company Limited by Guarantee Unaudited Financial Statements 31 March 2024 SAK2020 LTD. Chartered Certified Accountants Broadway House Broadway Cardiff CF24 1PU DAR US-SALAM CULTURAL CENTRE Company Limited by Guarantee Financial Statements Year ended 31 March 2024 Page Trustees. annual report Independent examiners, report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements The following pages do not fomi part of the financial Statements Detailed statement of financial activities 10 Notes to the detailed statement of financial activities 11 DAR US-SALAM CULTURAL CENTRE Company Limited by Guarantee Trustees. Annual Report Year ended 31 March 2024 The trustees present their rewrt and the unaudtsd financial statements of the charity for the year ended 31 March 2024. Reference and adrninistrative detsils Registered charty name DAR US-SALAM CULTURAL CENTRE Charity registration number 1197623 Company registration number Principal office and registered 26 Wells Street office Cardiff CF116DX The truslees Mr S AHMED MrMALI MI M A AHMED Accountants SAK2020 Ltd. Chartered Certifi￿1 Accountants Broadway House Broadvrdy Cardiff CF24 1PU Small company provisions Thts report has been prepared in accordance with the provtstons applicable to companies entitled lo the srnall companies exemption. The truste￿. annual report was approved on ... ...... Iruslees by". and signed on behalf of the board of Mrs AHMED Trustee MrMALI Trustee Mrm AAHMED Trustee /m Ag ffto Arb¥iknn DAR US-SALAM CULTURAL CENTRE Company Limited by Guarantee Independent Examiner's Report Year ended 31 March 2024 We report lo the Iruslees on our examinab.on of the financial statements of Dar Us-salam Cultural Centre I'thè charity,) for the year ended 31 March 2024_ Responsibilitie5 and basis of report As the charity's trustees you are responsible for the preparation of the accounts. The charity's trustees consider an audit is not required for this year lunder s43 (31 of the Charilies Act 1993 (the Acll. 11 is our responsibility to.. 1. Examine the accounts (under s43131 (al of the 1993 Act) 2. Follow the procedures laid down in the General Directtons gtven by the Charity Commissioners under section 43 171 Ibl of the Act. and 3. to state whether particular matters have come lo our attention. Having satisfied ourselves that the charity is not subject to audit under Company law and is el@ible for independent examination, il is oui resFK)nsibility to.. ' examine the accounts under section 145 of the 2011 ACL. lo follow the pro¢edures laid down in the general DirectK)n5 gwen by the Charity Commission under section 14515llbl of the 2011 Act.. and ' lo slate whether parb"culai matters have come to our attention. Independent examinerfs statement We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe- 1. accounting records were not kept in respect of the charity as wul￿d by section 386 of the 2006 Act, or 2. the financial stslemenls do not accord wth those records,. or 3. the financial statements do not comply the accounting requirements of section 396 of the 2006 Act other than any requirernenl that the accounts give a 'true and fair view which is not a maller considered as part of an independent examination., or the financial statements have nol been prepared in accordance with Ihe methods and principles of the Statement of Recommended Practice for accounting and reporting by ch8rilies applicable lo charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. We have no C￿cernS and have come aGross no other matters in conneckn'on with the examination to which 2llenlion should be drawn in this report in order to enable a proper understanding of the accounts to be reached. SA Chartered Certrfied Accountants Broadway House Broadway Cardiff CF24 1PU DAR US-SALAM CULTURAL CENTRE Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2024 Period from 24 Jan 22 10 31 Mar 23 Year to 31 Mar 24 un￿striCted funds Total funds Total funds Note Income and endowments Donations and legacies Total in¢ome 21,193 21.193 32,625 32,625 21.193 21,193 Expenditure Expenditure on raising funds". Costs of raising donations and legacies Total expenditure 21,261 21.261 21,261 25,500 21,261 25,500 Net lexpenditurellincome and net movement in funds 1681 {681 7,125 Reeon¢iliation of funds Total funds brought forward Total funds carried forward 7.125 7.125 7,057 7.057 7,125 The statement of finanual activities includes all gains and losses recognised in the year. All income and expenditure derive from conts"nuing aclivilies. The notes on pages 5 to 8 fomi part of these financial slatemerts. DAR US-SALAM CULTURAL CENTRE Company Limited by Guarantee Statement of Financial Position 31 March 2024 2024 2023 Current assets Cash at bank and in hand 7,357 7,425 Creditors: amounts falling duè Twllhin one year Net current a$$¢ts 300 300 7,057 7,057 7.125 Totsl assets less current Ilabililies 7,125 Net assets 7,057 7,125 Funds ofthe charity Unreslricled funds 7,067 7.057 7,125 7,125 Totsl charlty funds For the year ending 31 March 2024 the charity was entived to exemption from audit under section 477 of the Companies Acl 20CE relating to small companies. Tru5tees' reswnsibilities- The members have not required the company to obtsin an audit of ils financial statements for the year in question in a¢wrdance with Section 476", The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect lo accounting records and the preparation of financial slatements. These financEal statements have been prepared in accordan￿ with the provis￿nS applicable to companies subject to the small compan*s' regime. These li al statements were approved by the board of trustees and authorised for issue on , and are sKJned on behalf of the trK)ard ty.. Mrs AHMED Trustee MrMALI Truslee Mrm AAHMED Trustee /lu) (Èh) ft-nm g Thè notès on Pa￿ 4t0 7 form part ofthese financial statements. DAR US-SALAM CULTURAL CENTRE Company Limited by Guarantee Notes to the Financial Ststsments Year ended 31 March 2024 Statoment of cornpliance These financial statements have been prepared in ttompliance wlh FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland., the Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting SÈndard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Companies Act 2006. Accounting policies Basis of preparation The financial slalemenls have been prepared on the historical cost basis, as modifieé by the revaluation ol certain financial assets and liabilities and investment properties measured al fair value through income or expendituie. Th2 financial State￿￿ntS are prepared in sterling. which is the ftjnth.onal currency of the entity. Going concern There are no material uncertaints.es about the charity's abilty lo Ix>ntinue. Fund accounting Unrestricted funds are available ft)r use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unreslricled fvjnds eaTmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal. and fall into one of two sub-classes.. restricted income funds or endowment funds. DAR US-SALAM CULTURAL CENTRE Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 Accounting policie5 fcontinuEd) Inwming resources Al incoming resources are induded in the statement of financial aclivrf(ies when entl￿ement has passed lo the charity, it is probable that the economic benefts associated with the transaction will flow to the charity and the amount can be reliably measured. The following s*cific policies are applied to particular categories of income-. income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated 9￿dS is measured al the fair value of the goods unless this is impractical lo Measu￿ reliably. in whieh case the value is derived from the cosl to the donor or the estimated resale value_ Donated facilities and servi¢es are reeognised in the accounts when recewed if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for Ihe suppty of services is recognised with the delivery of the ontmcted seNice. This is dasssfied as unrestricted funds unless there is a contractual requirement for il to be spenl on a parlieular purpose and relurned rf unspent. in which case it may be regarded as restricted. Resources expended Expenditu￿ is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered. and is classified under headings of the statemenl of financial activities lo which il relates.. expenditure on raising fijnds includes the costs ol all fundraising actNilies, events. non- charitable trading activities. and the sale of donated goods_ expenditure on charitable activities includes all cosls incurred by a char'ty in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support cosls and costs relating to the govemance ol the charity apportioned to charitable activities. olher exFEnditure includes all expendTture that is neilher related to raising funds for the charity nor part of ils expendtiure on charitable actN"rties. All costs are allocated to expEnditure cat￿o[leS reflecting the use of the resour￿. Direct costs attributable to a single a¢livity are allwated direclty to that 8ctivity. Shared ¢0515 are apportioned be￿een the aclNities they conlribute to on a reasonable, juskn"fiable and consistent basis. Limited by guarant¢¢ DAR US-SALAM CULTURAL CENTRE Company Limited by Guarantee Notes to the Financial Statements (continua Year ended 31 March 2024 Donations and legacies Unrestricted Total Funds Unrestricted Totsl Funds Funds 2024 Funds 2023 Donations Donations 21.193 21.193 32,625 32,625 Costs of raising donations and legacies Unrestncted Totsl Funds Unrestricted Total Funds Funds 2024 Funds 2023 Costs of raising donations and legacies - Donations 21.261 21.261 25.500 25,500 staff costs The total staff costs and employee Iknefits for the repo￿ng period are analysed as follows.. Period from Year to 24 Jan 22 10 31 Mar 24 31 Mar23 Wages and salaries 9,360 11,300 The average head count of employee5 during the year was Nil12023". Nill. No employee received employee benefits of more than £60,000 during the year12023'. Nill. Trustee remuneration and expenses Creditors.. amounts falling due within one year 2024 2023 Accruals and deferred income 300 300 DAR US-SALAM CULTURAL CENTRE Company Limited by Guarantee Notes to the Financial Statements (conlinue Year ended 31 March 2024 Anatysls of charitsble funds Unrestricted funds At 31 March 20 24 At 1 April 2023 Income Expenditure General funds 7.125 21.193 {21.2611 7,057 At 31 Mareh 20 23 24 January 2 022 Income Expenditure General funds 32,625 (25,5001 7,125 DAR US-SALAM CULTURAL CENTRE Company Limited by Guarantee Management Infomiation Year ended 31 March 2024 The following pages do not form part of the financial slalements. DAR US-SALAM CULTURAL CENTRE Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 March 2024 Period from 24 Jan 22 to 31 Mar 23 Y¢arlo 31 Mar 24 Income and endowrnents Donalions and legacies Donations 21,193 32,625 Total income 21.193 32,625 Exptnditure Costs of raising donations and legacies Wages and salaries Rent RalÈs & water Light & heat Legal and prOfeSs￿nal fees Telephone Volunteer expense Accountancy fee 9,360 8,400 11,300 9,800 283 2,600 300 228 6go 299 2,935 261 300 21,261 25,500 Total expenditure 21,261 25,500 Net lexpenditurevincome 1681 7,125 10- DAR US-SALAM CULTURAL CENTRE Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 March 2024 peri￿ fro 24 Jan 22 to 31 Mar23 Year to 31 Mar 24 Costs of ralsing donations and legacies Costs of raising donatlons and legacles - Donallons Wages and salaries Rent Rates & water Light & heal Legal and professional fees Telephone Volunteer expense Accountancy fee 9,360 8,400 11,300 9,800 283 2,600 300 228 690 299 2,936 261 30D 21,261 26,500 Costs of raising donations and legacies 21.261 25,500 11