BCharity Registration No. 262392
Company Registration No. 01003214 (England and Wales)
ANJUMAN-UL-MUSLIMEEN LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
ANJUMAN-UL-MUSLIMEEN LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
| Charity number | 262392 |
|---|---|
| Company number | 01003214 |
| President | I Ameen |
| Vice President | A Bari |
| Treasurer | T Akhtar |
| Secretary | I Rasool |
| Registered office | 212 Bellingdon Road |
| Chesham | |
| Bucks | |
| HP5 2NN | |
| Independent examiner | Kaiser Nouman Nathan LLP |
| 57 Alfred Street | |
| Sparkbrook | |
| Birmingham | |
| B12 8JP | |
| Bankers | Barclays Bank PLC |
| 32 Clarendon Road | |
| Watford | |
| Herts | |
| WD17 1GT |
ANJUMAN-UL-MUSLIMEEN LIMITED
CONTENTS
| Page | |
|---|---|
| Trustees report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 11 |
ANJUMAN-UL-MUSLIMEEN LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2023
The Directors present their report and financial statements for the year ended 31 March 2023.
The financial statements have been prepared in accordance with the accounting policies set out in notes to the financial statements and comply with the Anjuman-Ul-Muslimeen's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".
Objectives and activities
The Anjuman-Ul-Muslimeen's objects are to promote various educational and religious activities, e.g. Teaching of Holy Quran, five times/Friday prayers, Ramadan facilities and the upkeep of a Mosque. The policies adopted in furtherance of these objects are same and there has been no change in these during the year.
The Directors have paid due regard to guidance issued by the Charity Commission in deciding what activities the Anjuman-Ul-Muslimeen should undertake.
Achievements and performance
A summary of the main achievements of the charity during the year in furtherance of its charitable objectives for the public benefit is
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successful fulfilment of funding criteria for all the projects that have been provided this year
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40 years of existence in the community providing information, advice, guidance and maintaining the mosque.
Financial review
It is the policy of the Anjuman-Ul-Muslimeen that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Directors considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Anjuman-Ul-Muslimeen’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
The Directors has assessed the major risks to which the Anjuman-Ul-Muslimeen is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Structure, governance and management
The Anjuman-Ul-Muslimeen is a company limited by guarantee and does not have a share capital. The liability of the Council Members is limited to £1 each. It was incorporated on 24 February 1971.
The Directors who served during the year and up to the date of signature of the financial statements were: I Ameen
T Akhtar A Bari I Rasool (Secretary)
Prospective new trustees are sought from the Muslim community. When a vacancy on the Board of Trustees occurs it is filled following an election of duly nominated candidates.
None of the Directors has any beneficial interest in the company. All of the Directors are members of the company and guarantee to contribute £1 in the event of a winding up.
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ANJUMAN-UL-MUSLIMEEN LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
The directors are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice. Under company law the directors must not approve the financial statements 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 financial statements, 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 accounting estimates that are reasonable and prudent;
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prepare the financial statements 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 financial statements 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.
The Trustees report was approved by the Board of Directors.
I Ameen Director Dated: 15 January 2024
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ANJUMAN-UL-MUSLIMEEN LIMITED
INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS OF ANJUMAN-UL-MUSLIMEEN LIMITED
We report to the Directors on our examination of the financial statements of Anjuman-Ul-Muslimeen Limited (the Anjuman-Ul-Muslimeen) for the year ended 31 March 2023.
Responsibilities and basis of report
As the Directors of the Anjuman-Ul-Muslimeen (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied ourself that the financial statements of the Anjuman-Ul-Muslimeen are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, We report in respect of our examination of the Anjuman-Ul-Muslimeen’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out our examination we have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's 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 that in any material respect:
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1 accounting records were not kept in respect of the Anjuman-Ul-Muslimeen as required by section 386 of the 2006 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Kaiser Nouman Nathan LLP 57 Alfred Street Sparkbrook Birmingham B12 8JP
Dated: 15 January 2024
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ANJUMAN-UL-MUSLIMEEN LIMITED
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023
| Unrestricted funds Restricted funds 2023 2023 Notes £ £ Income from: Charitable activities3 Rental Income 172,025 28,685 75,513 TOTAL INCOME Expenditure on: 172, 025 104,198 Charitable activities 4 134,460 28,685 Net income for the year/ Net movement in funds 37,565 75,513 Fund balances at 1 April 2022 2,245,393 90,604 Fund balances at 31 March 2023 2,282,958 166,117 |
Total Unrestricted funds 20232022 £ £ 200,710 75,513 245,364 276,223 245, 364 163,145 116,913 113,078 128,451 2,335,997 2,116,942 2,449,075 2,245,393 |
Restricted funds 2022 £ 17,031 66,924 83,955 10,932 73,023 17,581 90,604 |
Total 2022 £ 262,395 66,924 |
|---|---|---|---|
| 329,319 127,845 |
|||
| 201,474 2,134,523 |
|||
| 2,335,997 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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ANJUMAN-UL-MUSLIMEEN LIMITED
BALANCE SHEET
AS AT 31 MARCH 2023
| Notes Fixed assets Tangible assets 7 Current assets Debtors 8 Cash at bank and in hand Creditors: amounts falling due within 9 one year Net current assets Total assets less current liabilities Income funds Unrestricted funds |
2023 £ £ 2,783,965 2,370 251,630 254,000 (588,890) (334,890) 2,449,075 2,449,075 2,449,075 |
2022 £ £ 2,818,098 2,176 163,634 165,810 (647,911) (482,101) 2,335,997 2,335,997 2,335,997 |
|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023.
The Directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Directors on 15 January 2024
I Ameen Director
Company Registration No. 01003214
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ANJUMAN-UL-MUSLIMEEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
1 Accounting policies
Charity information
Anjuman-Ul-Muslimeen Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 212 Bellingdon Road, Chesham, Bucks, HP5 2NN.
1.1 Accounting convention
The financial statements have been prepared in accordance with the Anjuman-Ul-Muslimeen's codes of Principle, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The Anjuman-Ul-Muslimeen is a Public Benefit Entity as defined by FRS 102.
The Anjuman-Ul-Muslimeen has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the Anjuman-UlMuslimeen. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Directors have a reasonable expectation that the Anjuman-Ul-Muslimeen has adequate resources to continue in operational existence for the foreseeable future. Thus the Directors continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Directors in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Anjuman-Ul-Muslimeen.
1.4 Income
Income is recognised when the Anjuman-Ul-Muslimeen is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Anjuman-UlMuslimeen has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Anjuman-Ul-Muslimeen has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 1.5 Expenditure
The expenses are included on accrual basis.
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ANJUMAN-UL-MUSLIMEEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
1 Accounting policies
(Continued)
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings 1% on Straight line basis Fixtures and fittings 15% on written down value
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
1.7 Impairment of fixed assets
At each reporting end date, the Anjuman-Ul-Muslimeen reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.9 Financial instruments
The Anjuman-Ul-Muslimeen has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Anjuman-Ul-Muslimeen's balance sheet when the Anjuman-UlMuslimeen becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
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ANJUMAN-UL-MUSLIMEEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
1 Accounting policies
(Continued)
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Anjuman-Ul-Muslimeen’s contractual obligations expire or are discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the Anjuman-Ul-Muslimeen is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2 Critical accounting estimates and judgements
In the application of the Anjuman-Ul-Muslimeen’s accounting policies, the Directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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ANJUMAN-UL-MUSLIMEEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
3 Charitable activities
| Sales within charitable activities Analysis by fund Unrestricted funds Restricted funds |
2023 £ 200,710 172,025 28,685 200,710 |
2022 £ 262,395 245,364 17,031 262,395 |
|---|---|---|
4 Charitable activities
| Staff costs Depreciation and impairment Al-Mustafa Welfare (Restricted) My Charity Box/Hiba Box (Restricted) PeerKamranShah/Zia Ummah Foundation (Restricted) Saba Relief (Restricted) Global Helping (Restricted) Community Heart Pension Bank charges Alarm maintenance Water rates Light & heat Sundry Telecommunication Repairs and maintenance Accountancy Insurance Analysis by fund Unrestricted funds Restricted funds |
2023 £ 57,760 34,132 4,000 390 5,000 9,000 10,000 295 638 500 - 2,351 12,671 1,017 1,942 16,743 3,108 3,598 163,145 163,145 134,460 28,685 163,145 |
2022 £ 58,663 34,501 5,830 - - 2,500 2,602 - 656 50 900 1,960 6,727 869 1,932 6,099 1,100 3,456 127,845 127,845 116,913 10,932 127,845 |
|---|---|---|
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ANJUMAN-UL-MUSLIMEEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
5 Directors
None of the Directors (or any persons connected with them) received any remuneration or benefits from the Anjuman-Ul-Muslimeen during the year.
6 Employees
Number of employees
The average monthly number of employees during the year was:
| Employment costs Wages and salaries Other pension costs Tangible fixed assets Freehold land and buildings £ Cost At 1 April 2022 3,204,193 Additions - At 31 March 2023 3,204,193 Depreciation and impairment At 1 April 2022 400,032 Depreciation charged in the year 32,042 At 31 March 2023 432,074 Carrying amount At 31 March 2023 2,772,119 At 31 March 2022 2,804,160 |
2023 Number 7 2023 £ 57,760 638 58,398 Fixtures and fittings £ 51,879 - 51,879 37,943 2,090 40,033 11,846 13,937 |
2022 Number 7 |
|---|---|---|
| 2012 £ 58,663 656 |
||
| 59,319 | ||
| Total £ 3,256,072 - |
||
| 3,256,072 | ||
| 437,975 34,132 |
||
| 472,107 | ||
| 2,783,965 | ||
| 2,818,097 |
7 Tangible fixed assets
The trustees have confirmed the value of the properties to be at £3,200,000
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ANJUMAN-UL-MUSLIMEEN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
8 Debtors
| Amounts falling due within one year: Trade debtors Creditors: amounts falling due within one year Accruals and Deferred Income PAYE & NI Pension Payable Loans (Interest free) Wage Costs |
2023 £ 2,370 2023 £ - 2,446 128 581,752 4,564 588,890 |
2022 £ 2,176 2022 £ 52 2,615 128 640,700 4,416 647,911 |
|---|---|---|
9 Creditors: amounts falling due within one year
10 Related party transactions
There were no disclosable related party transactions during the year (2023 - none).
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