Rugby Muslim Association Charity number.. 1206216 Accruals accounts For the period 14 December 2023 to 31 December 2024 Statement of Financial Activities {includtng income and expenditure account) for the period 14 December 2023 to 31 December 2024 Unrestricted funds Restricted funds Total fvnds Income and endowments from: Donations and legacies 200.00 200.00 Charitable activities (class fees and Subscriptions) 4,147.50 4.147.50 Total income and endowments 4,347.50 4,347.50 Expenditure on= Charitable activities 3,737.98 3.737.98 Total expenditure 3,737.98 3.737.98 Net income and tEet movement in funds 609.52 609.52 Total fvnds brought 150.00 forward 150.00 Total funds carried forward 759.52 759.52 All of the charity's activities are continuing operations. The charity had no recognised gains or losses other than those Inclded in this Statement of FinanLial Activities.
forthe period 14 December 2023 to 31 December 2024 l. Basis of preparation The financial statements have been prepared under the historical Cost convention and ID accordance with the Charities Act 2011, the Charities SORP (FRS 102) and Financial Reporting Standard 102 [Section IA) as applicable to smaller entities. The charity is a public benefit entity for financial reporting purposes. 2. Accounting policles Income is recognised when the charity is entitled to the income, it is probable that the income will be received and the amount can be measured reliably. Income from donations is recognised on receipL Income from class fees and subscriptions is recognised as the services are provided. Expenditure is recognised on an accruals basis when there 15 3 legal or constructive obligation to make payment. All expenditure is analysed between costs of raising funds, charitable activities and governance costs. Given the charitys current activÉties, all expenditure has been presented as expenditure on charitable activities. The charity holds only basic financial instruments in the form of cash at bank and in hand. The trustees consider that the charity is a going coThcern for a period of at least twelve months from the date ofapproval ofthese financial statements. 3. Income from donations and legacies Income from donations and legacie5 during the period totalled £200.00 (2023.. £nil). 4. Income from charitable activltles Income from charitable activities during the period related to class fees and subscriptions and totalled £4.147.50 (2023= £nil). 5. Expenditure on charitable activlties Expenditure on charttable activities during the period comprised: Staff costs [teachers and support staffj £2,182.00 Venue and pktch / school hire £1,399.00 Travel cfrainline and similar) E145.00 Resources and software (e.g. Microsoft) £11.98 Total expenditure on charitable activities £3,737.98
- Staff costs Total staff costs during the period were £2,182.00. No employee received total benefits of more than £60.000 inthe period.
- Tru5tees' remuneration and expenses No trustee received any remuneration, benefits OF reimbursed expenses from the charity in the period.
- Taxation The charfftty is exempt from taxation on its charltable activities.
- Reconclliation of funds Unrestricted funds.. Balance at 14 December 2023 Net income for the period £150.00 £609.52 Balance at 31 December 2024 £759.52
Balance sheet as at 31 December 2024 2024 Total fvnds Fixed assets Tangible fixed assets Current assets Cash at bank aThd in hand 759.52 759.52 Creditors: amounts falling due within oneyear Net current assets 759.52 759.52 Net assets 759.52 7S9.52 Funds Unrestricted funds 759.52 759.52 Restrirted funds Total Charity funds 759.52 759.52 These financial statements were approved by the trustees on 3 on their behalf by.. 01.202{ and signed Mr Akram Ullah, Chair Mr Razaq Shaikh. Trustee Mr Muhammad Asim Chlshti, Trustee