Company Registration No. 09355536 (England and Wales)
MUSLIM COMMUNITY COLLEGE (INTL) COMPANY LIMITED BY GUARANTEE FOR THE YEAR ENDED 31 AUGUST 2023
MUSLIM COMMUNITY COLLEGE (INTL) COMPANY LIMITED BY GUARANTEE CONTENTS
| Page | |
|---|---|
| Company information | 3 |
| Directors' report | 4 |
| Accountants' report | 5 |
| Income statement | 6 |
| Statement of financial position | 7 |
| Statement of changes in equity | 8 |
| Notes to the accounts | 9 |
| Detailed profit and loss account | 11 |
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MUSLIM COMMUNITY COLLEGE (INTL) COMPANY INFORMATION FOR THE YEAR ENDED 31 AUGUST 2023
Directors
Company Number
Registered Office
Accountants
Mohammed Ahmed Hasan Anwar Patas Hamzah Rangara 09355536 (England and Wales)
77 Evington Valley Road Leicester LE5 5LL England YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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MUSLIM COMMUNITY COLLEGE (INTL) (COMPANY NO: 09355536 ENGLAND AND WALES) DIRECTORS' REPORT
The directors present their report and accounts for the year ended 31 August 2023.
Principal activity
The Muslim Community College (intl) provides educational classes to the community.
Directors
The following directors held office during the whole of the period:
Mohammed Ahmed Hasan Anwar Patas Hamzah Rangara
Statement of directors' responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
Hasan Anwar Patas Director
Approved by the board on: 14 November 2024
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CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF MUSLIM COMMUNITY COLLEGE (INTL) FOR THE YEAR ENDED 31 AUGUST 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Muslim Community College (intl) for the year ended 31 August 2023 as set out on pages 6 - 10 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
YP Finance Chartered Accountants
Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
14 November 2024
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MUSLIM COMMUNITY COLLEGE (INTL) INCOME STATEMENT FOR THE YEAR ENDED 31 AUGUST 2023
| Turnover Cost of sales Gross surplus Administrative expenses Other operating income Operating surplus/(loss) Surplus/(loss) on ordinary activities before taxation Tax on surplus/(loss) on ordinary activities Surplus/(loss) for the financial year |
2023 £ 63,980 (56,810) 7,170 (1,503) 5 5,672 5,672 - 5,672 |
2022 £ 21,541 (19,731) |
|---|---|---|
| 1,810 (2,195) - |
||
| (385) | ||
| (385) - |
||
| (385) |
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MUSLIM COMMUNITY COLLEGE (INTL) STATEMENT OF FINANCIAL POSITION AS AT 31 AUGUST 2023
| Notes Current assets Debtors 4 Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Net assets Reserves 6 Profit and loss account Members' funds |
2023 £ - 19,915 19,915 (12,583) 7,332 7,332 7,332 7,332 |
2022 £ 120 13,819 |
|---|---|---|
| 13,939 (12,279) |
||
| 1,660 | ||
| 1,660 | ||
| 1,660 | ||
| 1,660 |
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2024 and were signed on its behalf by
Hasan Anwar Patas Director
Company Registration No. 09355536
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MUSLIM COMMUNITY COLLEGE (INTL) STATEMENT OF CHANGES IN EQUITY AS AT 31 AUGUST 2023
| At 1 April 2022 Loss for the year At 31 August 2022 At 1 September 2022 Profit for the year At 31 August 2023 |
Share capital £ - - - - |
Profit & loss account £ 2,045 (385) 1,660 1,660 5,672 7,332 |
Total £ 2,045 (385) |
|---|---|---|---|
| 1,660 | |||
| 1,660 5,672 |
|||
| 7,332 |
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MUSLIM COMMUNITY COLLEGE (INTL) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023
1 Statutory information
Muslim Community College (intl) is a private company, limited by guarantee, registered in England and Wales, registration number 09355536. The registered office is 77 Evington Valley Road, Leicester, LE5 5LL, England.
2 Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3 Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.�
Deferred tax assets and liabilities are not discounted.
4 Debtors
| 4 Debtors Amounts falling due within one year Other debtors 5 Creditors: amounts falling due within one year Trade creditors Taxes and social security Other creditors Deferred income |
2023 £ - 2023 £ - 789 - 11,794 12,583 |
2022 £ 120 |
|---|---|---|
| 2022 £ 70 5 12,204 - |
||
| 12,279 |
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MUSLIM COMMUNITY COLLEGE (INTL) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023
6 Company limited by guarantee
The company is limited by guarantee and has no share capital.�
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
7 Average number of employees
During the year the average number of employees was 12 (2022: 10).
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MUSLIM COMMUNITY COLLEGE (INTL) DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2023
This schedule does not form part of the statutory accounts.
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Turnover | ||
| Fees | 63,980 | 21,541 |
| Cost of sales | ||
| Direct labour | 56,148 | 19,731 |
| Other direct costs | 662 | - |
| 56,810 | 19,731 | |
| Gross profit | 7,170 | 1,810 |
| Administrative expenses | ||
| Pensions | 115 | 41 |
| Telephone and fax | 72 | 32 |
| Stationery and printing | 352 | 391 |
| Subscriptions | 85 | 43 |
| Insurance | 704 | 493 |
| Donations | - | 1,195 |
| Accountancy fees | 120 | - |
| Advertising and PR | 55 | - |
| 1,503 | 2,195 | |
| Other operating income | ||
| Other operating income | 5 | - |
| Operating profit/(loss) | 5,672 | (385) |
| Profit/(loss) on ordinary activities before taxation | 5,672 | (385) |
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