ALTON ISLAMIC NTRE LTD (harity No. 1198014 Company No. 11266362 Trustee's Report and Unaudited ACCrtts 31 Marth 2024
ALTON 15LAMIC CEpmiE LTD Contents Pages Ito3 Trustee's Annual Report Independent Examinees Report Statement of Financial ActNities Summary Income and Expenditure Account Balan Sheet Statement of Cash flows Notes to the Accounts 9tolO Detailed Ststement of Financial Activities Ilto13
ALTON ISLAMIC CENTRE LTD Trustees Annual Report The trustee, who is also a director of ihe charity for the purposes of the Cornpanies Act 2006, presents their report with the unaudited financial ststernents of the charity for the year ended 31 March 2024. REFERENCE AND ADMINISTRATIVE DEfAILS Company No. 11266362 Charlty No. 1198014 Prfnclpal Offlce Flat 5, Westbrook House High Street Alton Hampshlre GU34 IEN Reglstered Offlce Flai 5. Westbrook House H5gh Slreet Alton Hampshlre GU34 IEN Dlrertor Jnd TNstee The Dlrector of the charitable company ale its Tstee for the puip05es of drity law. The follow1 Olrectof aThl Tnlee 5er¥ed duriry the ar. Tahlin Valu Shahld Mohammed Chalf Se(Teiary Tfeasvrer Twstee TaNkn Valu Raheel Ahmed 44 Northam Road Southamptort S014 C*A
ALTON ISLAMIC CElE LTD Trustees Annual Report To advance the Islamic faith lor the benefft of the public in Alton and the surrounding areas in particular but not exdusive throu8h the establishment of a m05que. The holding of prayer meetin8s and public celebrations of religious festrnls and to estsblish or establishment of a community ntre the establishment of a mosqu& The holding of prayer meeti5 and public celebrations of ligiOuS festivals and to establish a community cent. ACHIEVEMEpifs AND PERFORMANCE The Alton lslarnic Centre and its MberS hhe dec6ded to ntUre In the purchase of a dedicated property to sefft the community and that is happeni by means oh holding events throughout the country by fund raislng to build a mosque and a community centre. FINANaAL REVIEW The flnanclol posltlon of the dwfity at 31 Marth 2023 can be summarised as follows: Net Income for the iar £25.099. Unrestricted finds a¥allable for 8eneral purpose of the charity £16,377. The thadty Intends lo eslabllsh Its own buV4l¥y to as a nxwiue and ¢ommunlty centre. The tharlty 1$ 8ty•emed ty Its ekned mtmkn aThl elec1 afe held year. The Twstee Is resp0ftyle for keephw woper xcounib¥ recwds Ih41 dlsclose wlth reasonable accuraci at ny ilme the funlI poth of fv th•iity•nd th enable them to ensure that the financlal ststements mpty with ihe C¢>myrt5es Art X%. The Tnolee Is also reSP)nble for safe8uardin8 ihe assets of the aNI hence iakw ieas¢yuble ep$ f(w the yt%*nth)n af41 detect of ftsud and other Irre8ularltles. The abrNe iepon has been yepafed in aco>rd•Ke ¥fith wryi51ons applkable to tompanles subject to Ihe smill compartles fryimt as srt (Krt kn Part 15 01 the cthA¢1 2( and In aCc0rfan wlth the Chariiie5 SORP IFRS 1021. S¥ned on bèhamof ihe bow T•Nlin V• 31 2024
ALTON ISLAMIC CEpifRE LTD Independent Examiners Report Independent Examlnees Report to the tnth ofALTON 151AMIC N[RE LTD I report to the charity trustee on my examination of the financial statements of ALTON ISLAMIC CENTRE LTD for the year ended 31 Marth 2024. Responslbllities and ba515 of report As the charity's trustee (and also a director frlr the purposes of company lawl you are responsible for the preparation of the financial statements in accordan with the requirements of the Companies Att 20061'the 2LK)6 Art. Having satisfied myself that the financial statements ol the Charity are not required to be audited under Part 16 of the 2LX)6 Act and afe eligible for independent examination. I report In respect of my examination of your charity's financial ststements as carried out under seaion 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out my examination I have followed the Directions 8iven by the Charity Commission under section 145{51 (b) of the 2011 ACL Independent examlnerfs statemert I have completed my examinatrn I can confirm that no material matters come to my attention in connection with the examination gThing me cause to believe: • accountin8 records were not kept in accordance with section 386 of the 2( Act: or • the financlal ststernents do not accord with those records: ( • the financlal statements do not comply with the accountin8 requirernents under section 396 of the 26 Act other than any requ1ment that the financial 5tstements give a and fair, view whkh is not a matter consldered as part of an independeni e¥amination; or Ihe flnanclal ststements hm not been prepared In accordan with the methods and prlnclples of the Stslement of Recommended Prartke for acmuntlng arKI reportln8 by charities applicable to charities preParf thelr accounts In ac£ordaKe with the FlnoKlal Report[ stsndard applicable In the UK and Republk ol Ireland (FRS 1021. I have no concems and haT&t come across no other fflatte¢s In c¢>ndIon wilh the examlnatlon to whlch atienlk)n shoukl be drawn In thls rewt ln ofderto enable a proper understsndln8 of the flnancial slatements lo be reached. Ashrafsumra. Mefflbef of Instime of Certiw ookkeepers {MICB.CB Cert) Sou1hampt Accountarty SeThices 44 Northam Road 5thaMpt $014 C*A 31 Marth 2024
ALTON ISiAMIC CENTRE LTD Statement of Flnanclal Actlvltles for the year ended 31 Marth 2024 Uniestrlcted funds Total funds Totsl funds 2024 2024 2023 Notes Income and endowments from: Donation5 and legac*s 72,649 72,649 26,$41 Total 72,649 72,649 26,Yl Expendlture on: Other 4,114 4,114 4,114 4,114 1,442 Total 1,442 Net gains on investments Net Incorne 68,535 68,535 16.377 25.099 Transfers between funds 16.377 Net income before other Ealnsl(losses) 84.912 84,912 25.099 Other zalns and losses Net movement In funds 84.912 84,912 25.099 Reconciliation of fvnds: Totsl funds orried forward 84.912 84,912 25.099 Pa
ALTON ISLAMIC NTrE LTD Summary Income and Expenditure Account for the year ended 31 Marth 2024 2023 Income 72,649 26,541 Gross Income for the year 72.649 26.541 Expenditure 4.114 1,442 Totsl exPendIre for the year Net income before tax for the year 4,114 68,535 1.442 25.099 Net Incorne for the year 68.535 25,099
ALTON ISLAMIC CEp¥fRE LTD at 31 Marth 2024 Company No. 11266362 Notes 2024 2023 Current assets Cash at bank and in hand 84.912 84,912 84.912 16.377 16,377 16.377 Net rrent assets Totsl assets less current Ilabililie5 Net assets exthonI pensk+n asset or fobillty 84,912 84.912 16.377 16,377 Total net assets 84,912 16.377 The funds of the thaflty Restrfcted funds Unrestrlcted fvnds Genefal funds 84,912 16,377 84.912 16,377 Totsl lund5 84.912 16.377 These accounts have been Prepared In arrordaKe with the special pr(r4isions of Part 15 of the Companles ki 2( relatln8 to small a>mpae& For ihe year ended 31 March 2024 comparry was entitled io exemption under sectlon 477 of the Companles Aci 211)6 relaiiw to small c(¥mpan& The fflembers have not fequired the (ompary to obtsln an alit ln accordance wlth sectlon 476 of the COmnIes Art 21. The dirertors ackTh0 thtlr T¢Spon9 I0)Mp11 with the requirements of the Companies Act 2LTh V•iih respea io J¢¢ountiry arnl the sYepaTrth)n of account& Apwo4Yd ty the brtI ort 31 March 2024 sned on Its behalfbr. Tahlin V Tntsiee 31 Marth 2024 P?
ALTON ISLAMIC CENTRE LTD Statement of Cash fiows for the year ended 31 Marth 2024 2024 2023 Cash Ilows from operatlng acti¥lties Net Income per Statement of Financial Athitses 84.912 16.377 Net cash provided by operating atti¥ltles 84.912 16,377 Net (ash from Investing actl¥ities Net ash from tlnandn8 acbvitses Net Increase In tash and osh equlvalents 84.912 16,377 Cash and cash equlrdlents at the bezinnlnz of the ar 16.377 3.893 Cash and ash equl¥alents at the end of the aT 101,289 20,270 Components of cash and ¢ath eqylvalents Cash and bank balance5 84.912 16,377 84,912 16,377
ALTON ISLAMIC CENTrE LTD Notes to the kcwnts for the year ended 31 Marth 2024 l Accounilng PDll¢les Basls of preparatlon The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Prnctice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) leffective I January 2015) - (Charitles SORP (FRS 102)). the FinaKial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2(. Theffe has been no than8e to the aoUnting policies (rdluation rules and method of accountlngl since last year and no changes have been made to accounts for pThious years. Fund accountlng UnrestrKled funds These a available for use at the discretion of the trustees in furtherance of the 8eneral objerts of the charity. These a unStrICted fvnds earniarked by the trustees for particular purposes. These afe unrestffKted funds which include a revaluation resep4e representing the iestatement of Investment assets at their market values. These afe avallable lor use subject to restrlrtlons Imposed by the donor or thmugh tem of an appeaL Oesl8nated funds Revaluaik)n funds Resirkted fwbds Recognltlon ol Is kKlwled In the Slatefft of Flnanclal Actlvltles (SOFA) when the charity be(otw entitled to. and ¥irtuaUy certaln to recel¥e. the Incorne and the amount of the can be measurnl with fellability. IKome wlth retsled related expenditure tt Iw)me and relaied expendlture Is e4bendilufe repNTrd Bf05S In ihe SOF Donatk)ns Voknntary MKorne receibtd ty way of van donatlons and gifts is Included In ihe the SOFA whert receiv•ble arnl when the Charity has uncondltlonal eni1tlent io ihe irfon. Tam redawns on lax fedaints Is hthled in the SOFA al the same time as the donal15 arnl lifts yftJ+knation to it late Iyonated seThkes Te a kthled in (With an equwalent amount In expenditure) and fac4rtks ere the bemfft Charity ts S0nabty quantif4ble, measurable and m•ifAi•L The ¥ah of •ry¥oknteer help recehed is rnt IKluded in the accounts. VOTrIer I GI4{k)S$e$l Ilws any •X h)ss resultiry from revaluing irNestmefits to market value ofilwl at ts eThl T. G•ins1(k>Mes) M II¥s XKkKles 8aM or k)SS sale rfttwestnn
ALTON ISLAMIC CENTrE LTD Notes to the Acmunts Expenditure Recognilion of expenditure Expenditure 15 recognised on an accruals basis. Expenditure includes any VAT which cannot be fulty recovered. and is reported as part of the expenditure to which it late& Expenditure on These cornprise the costs associated with attracting voluntary income, fundraising raising funds tTrdin8 costs and investment management costs. Expenditure on These comprise the costs irKurred by the Charity in the delivery of its activitles and charitsble adriities services in the furtherance of its objects. including the rnakin8 of grants and Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grarrts that have been approved by the trustees at the end of the year but not yet paid. Govemance costs These include those costs associated wilh meeting the constitutlonal and statutory requirements of the Chafity, induding any alI1ndependent examination fees. costs linked to the stsate8ic management of the Charity. together with a Sha of other admtillstrat cost& Other expendltufe These ale support (osts Th)t all(Kaied to a particular attivity. Taxatlon The charityls exernpt from corpLWatlon tsx on lis tharilable activilie& Cash •nd (ash equlvalents Cash and cash equNalenls WTwrf%e rash at bank aThl on hand, demand deposlts wlth banks and other short.term hl8hty liquld Invesiments ith or¥lnal maturities of three monihs or less and bank overdraft In Ihe statement of fbnancl•l poslim bk (Nerdfafts afe shown withlrt LK>rrowln8s or current liabllitles. In the Ststrmeni ol Cash cash •Thl cash equhalents are sIMY net of bank overdrafts that are rtpayable M demand and lonn an knte8ral wrt ol comparfs $h mana8ernent. All donaied 0d$. lacArt aThl seThKes recehtd we reaJ8nlsed wiihin Incornl resources and expendilufe at an estiniie of the lo dwity. The Is a ppdaie kn¥d ty •4rnntee and (seqUentlY does not have share capltsl.
ALTON ISLAMIC CENTRE LTD Notes to the Accounts 3 Statement of Flnanclal Actlvltles- prfor year Unrestrlrted funds Total funds 2023 2023 Income and endowments from: Donations and legacie5 Totsl Expendtture on: other 26,541 26,541 26,$41 26.541 1,442 1.442 1,442 Totsl 1,442 Net Income 25.099 25,1)99 18,722) Transfers between fund5 {8,7221 Net Income before other gainsl{losses) Other galns and losses: Net movement In funds 16.377 16.377 16,377 16.377 Re¢onclliatlon of funds: Total funds carrled forward 16.377 16.377 4 Income from donatlons and leAades Unrestricted Totsl 2024 Total 2023 72.649 72.649 72.649 72.649 26.541 26.541 Donated goods. facllltles and ser¥lces re¢elved Totsl 2024 Totsl 2023 Donations and Weekly Friday collectlons 72.649 72,649 26.541 26.541 5 Other expenditure UnStIlrted Total Total 2023 2024 Premises costs 2,452 570 2,452 570 1,304 125 General administratlve costs Legal and professlonal costs 1,092 4.114 1,092 4,114 13 1.442
ALTON ISLAMIC CENTRE LTD Notes to the Accounts 6 Movement In funds Incomlng resources (Indudlng other galnsllosses} At31 Marth 2024 Resources expended Gross transfers Restricted funds: Unrestrlrted funds: General funds 72,649 {4,1141 16,377 84.912 Totsl funds 7 Analysis of net assets between fitnds 72.649 14.114) 16,377 84,912 Unrestrfcted fvnds Totsl Net current a55ets 84,912 84,912 84,912 84,912 8 Reconclllation of net debt At31 March 2024 At I April 2023 Cash flows Cash and cash equNalents 16,377 16,377 68.535 68.535 84,912 84.912 Netdebt 16.377 68.535 84.912 9 Related party dtsc105ures Controlllng party Pa&e 12
ALTON ISLAMIC CENTRE LTD fvnds Totsl funds Total fvnds 2024 2024 2023 72,649 72.649 72.649 72.649 72,649 26.541 26,541 72,649 26,541 ExpeNlltuff• o PieTrws 1452 2.452 2,452 2,452 1,304 1.304 B•nk thaiies 188 302 125 302 570 570 12S 450 450 642 642 13 JJVJ2 1,092 13 4.114 4,114 1,442 4.114 4,114 1,442 68.535 68.535 25.099 16.377 16,377 18,722) 84.912 84,912 16,377 84.912 84.912 16.377 84.91Z 84.912 16.377