CHARITY REGISTERED NUMBER: 263535
SOUTH LONDON MOSQUE & ISLAMIC CENTRE
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
BOBAT ARIF & CO. CHARTERED CERTIFIED ACCOUNTANTS UNIT 10A, THE 1929 SHOP MERTON ABBEY MILLS 18 WATERMILL WAY LONDON SW19 2RD
SOUTH LONDON MOSQUE & ISLAMIC CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
| Registered Charity Number: | 263535 |
|---|---|
| Chairman: | N Ali |
| Trustees: | N Ali |
| Z Niazi | |
| A R Karim | |
| M Salimullah | |
| M A Ijaz | |
| Registered Office: | 8 Mitcham Lane |
| London | |
| SW16 6NN | |
| Accountants: | Bobat Arif & Co. |
| Chartered Certified Accountants | |
| Unit 10A, The 1929 Shop | |
| Merton Abbey Mills | |
| 18 Watermill Way | |
| London | |
| SW19 2RD | |
| Bankers: | Barclays Bank Plc |
| NatWest Bank Plc |
SOUTH LONDON MOSQUE & ISLAMIC CENTRE
FOR THE YEAR ENDED 31 MARCH 2022
CONTENTS
| Page | |
|---|---|
| Charity - Examiners report | 1 |
| Trustees' report | 2-3 |
| Balance sheet | 4 |
| Statement of financial activities | 5 |
| Schedule of funds | 6 |
| Notes | 7-11 |
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SOUTH LONDON MOSQUE & ISLAMIC CENTRE
FOR THE YEAR ENDED 31 MARCH 2022
I report on the accounts which are set out on pages 4 to 11.
Respective responsibilities of the trustees
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:
Examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act); and state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I 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 accounts to be reached.
........................................ Dated: 18 December 2022
Bobat Arif & Co. Chartered Certified Accountants Unit 10A, The 1929 Shop Merton Abbey Mills 18 Watermill Way London SW19 2RD
Page 1
SOUTH LONDON MOSQUE & ISLAMIC CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022.
The trustees confirm that the financial statements comply with the requirements of the Charities Act 2011, the Trust Deed and the Charities SORP 2005.
Structure, Governance and Management
Trustees
The trustees named on page 1 have served throughout the year. No trustee has any beneficial interest in the Trust and they are all members of the Trust. Trustees are only appointed by the Board of Trustees.
Governing document
The charity is governed by its Trust deed.
Organisation
The trustees meet regularly with the Management Committee to review the day to day duties which have been delegated to the Committee.
Related parties
There are no related parties that require disclosure.
Risk policy
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Objectives and activities
The Charitable Trust's objects are to promote the study and practice of the Islamic faith and to advance religious education in accordance with the doctrines and practices of the Islamic faith. The charitable trust's main activities are:
To provide a centre at which members of the public can advance their education in the knowledge of Islam; > To provide educational activities to those of the Islamic faith;
A community centre for the local Muslim community whereby daily prayer facilities are performed, ladies and youth activities are held, funeral and matrimonial facilities are provided, various local community events are held and a Food bank service is also provided for the benefit of all local communities.
Achievements and performance
The Trustees are pleased to state that the charitable trust has continued with its objectives and are satisfied with the achievements in view of the recent global outbreak of Covid 19. This impacted significantly in the voluntary donations received and other activities. Fortunately, this year the regular donations have resumed. These achievements could not have been realised without the generous backing of the donors, as well as the excellent performance of the modestly sized staff team supported by our kind and enthusiastic volunteers, to all of whom we are very grateful.
Page 2
SOUTH LONDON MOSQUE & ISLAMIC CENTRE
REPORT OF THE TRUSTEES’ (Continued)
FOR THE YEAR ENDED 31 MARCH 2021
Financial review
Reserves policy
It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which equates to approximately three months unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs and to respond to any emergency applications which may arise. Unrestricted funds were maintained at this level throughout the year.
Freehold land and buildings
In the opinion of the directors the market value of land & buildings is £5,150,000.
Plans for future periods
Financial Review
In view of the end of Covid pandemic and it’s repercussions, the charity has now managed to maintain it’s balances and also it’s normal standard of good level of quality educational activities to satisfy the needs of the community. We are hopeful to continue with our objectives.
Accounting and reporting responsibilities
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees on 18 December 2022 signed on its behalf by:
..................................................... M A Ijaz Trustee
Page 3
SOUTH LONDON MOSQUE & ISLAMIC CENTRE
BALANCE SHEET
AT 31 MARCH 2022
| Note | 2022 | 2021 | |||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Tangible fixed assets | |||||
| Tangible assets | 4 | 2,796,535 | 2,806,217 | ||
| Current assets | |||||
| Debtors | 5 | 260,570 | 262,528 | ||
| Bank Accounts | 562,224 | 544,839 | |||
| –––––––– | –––––––– | ||||
| 822,794 | 807,367 | ||||
| Creditors | |||||
| Amounts falling due within | |||||
| one year | 6 | 6,851 | 8,072 | ||
| –––––––– | –––––––– | ||||
| Net current assets | 815,943 | 799,295 | |||
| –––––––– | –––––––– | ||||
| Total assets less current liabilities | 3,612,478 | 3,605,512 | |||
| Creditors | |||||
| Amounts falling due | |||||
| after more than one year | 6 | (588,320) | (681,213) | ||
| –––––––– | –––––––– | ||||
| Net assets | £3,024,158 | £2,924,299 | |||
| –––––––– | –––––––– | ||||
| Capital funds | |||||
| Restricted funds | 15,735 | 0 | |||
| Unrestricted funds | 3,008,423 | 2,924,299 | |||
| –––––––– | –––––––– | ||||
| Total funds | £3,024,158 | £2,924,299 | |||
| –––––––– | –––––––– |
Approved by the trustees on 18 December 2022 and signed on its behalf.
.................................................................................................................... N Ali M A Ijaz
The annexed notes form part of these financial statements.
Page 4
SOUTH LONDON MOSQUE & ISLAMIC CENTRE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| Incoming resources Incoming Resources from generated funds: Voluntary income Activities for generating funds Investment income Other incoming resources Total incoming resources Resources expended Costs of generating funds Costs of charitable activities Governance costs Total resources expended Net movement in funds Total funds brought forward Total funds carried forward |
Unrest'd Funds £ 82,413 58,888 205,799 –––––––– 347,100 9,946 –––––––– 357,046 –––––––– 12,051 57,327 203,544 –––––––– 272,922 –––––––– 84,124 2,924,299 –––––––– 3,008,423 –––––––– |
Rest'd Income Funds £ 20,551 0 0 –––––––– 20,551 0 –––––––– 20,551 –––––––– 4,816 0 0 –––––––– 4,816 –––––––– 15,735 0 –––––––– 15,735 –––––––– |
Total Funds 2022 £ 102,964 58,888 205,799 –––––––– 367,651 9,946 –––––––– 377,597 –––––––– 16,867 57,327 203,544 –––––––– 277,738 –––––––– 99,859 2,924,299 –––––––– 3,024,158 –––––––– |
Total Funds 2021 £ 114,507 61,310 201,666 –––––––– 377,483 3,120 –––––––– 380,603 –––––––– 25,955 44,628 212,107 –––––––– 282,690 –––––––– 97,913 2,826,386 –––––––– 2,924,299 –––––––– |
|---|---|---|---|---|
Details of Incoming resources and resources used are given in the notes to the financial statements.
Page 5
SOUTH LONDON MOSQUE & ISLAMIC CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
DETAILED ANALYSIS OF MOVEMENTS IN FUNDS
FOR THE YEAR ENDED 31 MARCH 2022
| 2022 | 2021 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| General Fund | ||||
| Surplus for the period | 84,124 | 103,693 | ||
| –––––––– | –––––––– | |||
| 84,124 | 103,693 | |||
| Unrestricted fund | ||||
| Opening balance | 2,924,299 | 2,820,606 | ||
| –––––––– | –––––––– | |||
| 2,924,299 | 2,820,606 | |||
| Restricted Income Fund | ||||
| Opening Balance | 0 | 5,780 | ||
| Voluntary Income - Zakat/Sadqa/Fitrana | 20,551 | 1,425 | ||
| Donations - Zakat/Sadqa/Fitrana | (4,816) | (7,205) | ||
| –––––––– | –––––––– | |||
| 15,735 | 0 | |||
| –––––––– | –––––––– | |||
| Total funds at 31 March 2022 | £3,024,158 | £2,924,299 | ||
| –––––––– | –––––––– |
Page 6
SOUTH LONDON MOSQUE & ISLAMIC CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
1. Accounting policies
The accounts have been prepared under the historical cost convention as modified by the inclusion of investments at market value. The accounts have been prepared in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP 2005) issued in March 2005, applicable UK Accounting Standards and the Charities Act 1993. The principal accounting policies adopted in the preparation of the accounts are set out below.
Incoming resources
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Freehold Land and buildings - Trustees have adopted the policy to keep the cost in the balance sheet at historical value and market value is disclosed in the Trustees' Report. Plant and Machinery - 20% per annum on NBV Motor Vehicles - 25% per annum on NBV
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund as set out in the notes to the financial statements.
Page 7
SOUTH LONDON MOSQUE & ISLAMIC CENTRE
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 MARCH 2022
2. Staff costs
The average number of persons employed by the company, including director, during the period was as follows:
| 2022 | 2021 | |||
|---|---|---|---|---|
| Administration | 1 | 1 | ||
| Teachers | 18 | 20 | ||
| Imam | 1 | 1 | ||
| –– | –– | |||
| 20 | 22 | |||
| –– | –– | |||
| 3. | Investment Income | |||
| 2022 | 2021 | |||
| £ | £ | |||
| Rent received | 205,799 | 201,666 | ||
| ––––––– | ––––––– | |||
| 4. | Tangible fixed assets | |||
| Land | Plant | |||
| and | and | |||
| Buildings | Machinery | Total | ||
| £ | £ | £ | ||
| Cost: | ||||
| At 1 April 2021 | 2,766,577 | 116,472 | 2,883,049 | |
| –––––––– | –––––––– | –––––––– | ||
| At 31 March 2022 | 2,766,577 | 116,472 | 2,883,049 | |
| –––––––– | –––––––– | –––––––– | ||
| Depreciation: | ||||
| At 1 April 2021 | 0 | 76,832 | 76,832 | |
| Charge for the period | 0 | 9,682 | 9,682 | |
| –––––––– | –––––––– | –––––––– | ||
| At 31 March 2022 | 0 | 86,514 | 86,514 | |
| –––––––– | –––––––– | –––––––– | ||
| Net book value: | ||||
| At 31 March 2022 | £2,766,577 | £ 29,958 | £2,796,535 | |
| –––––––– | –––––––– | –––––––– | ||
| At 31 March 2021 | £2,766,577 | £ 39,640 | £2,806,217 | |
| –––––––– | –––––––– | –––––––– |
Page 8
SOUTH LONDON MOSQUE & ISLAMIC CENTRE
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 MARCH 2022
5. Debtors and prepayments
Amounts falling due within one year:
| Prepayments and Accrued Income Staff Loans Loans Al Hidayam Masjid Loan Creditors Amounts falling due within one year:- Other Taxes & PAYE Accruals And Deferred Income Amounts falling due after more than one year:- |
2022 £ 31,820 58,750 0 170,000 ––––––– £260,570 ––––––– 2022 £ 5,352 1,499 –––––––– £ 6,851 –––––––– 588,320 –––––––– |
2021 £ 778 58,750 3,000 200,000 ––––––– £262,528 ––––––– 2021 £ 5,073 2,999 –––––––– £ 8,072 –––––––– 681,213 –––––––– |
|---|---|---|
6. Creditors
Page 9
SOUTH LONDON MOSQUE & ISLAMIC CENTRE
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 MARCH 2022
7. Incoming resources
| Incoming resources | ||||
|---|---|---|---|---|
| Rest'd | ||||
| Unrest'd | Income | Total | Total | |
| Funds | Funds | Funds | Funds | |
| 2022 | 2022 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Voluntary income | ||||
| Donations | 0 | 0 | 0 | 15,562 |
| Subscriptions | 4,955 | 0 | 4,955 | 7,845 |
| Friday Collections | 49,011 | 0 | 49,011 | 21,813 |
| Funeral Ambulance donations | 0 | 0 | 0 | 67,862 |
| Donations for new Masjid | 28,447 | 0 | 28,447 | 0 |
| Voluntary Income - Zakat/Sadqa/Fitrana | 0 | 20,551 | 20,551 | 1,425 |
| ––––––– | ––––––– | ––––––– | ––––––– | |
| 82,413 | 20,551 | 102,964 | 114,507 | |
| ––––––– | ––––––– | ––––––– | ––––––– | |
| Activities for generating funds | ||||
| Sale of Calenders | 1,429 | 0 | 1,429 | 778 |
| Madrassa Fees | 49,256 | 0 | 49,256 | 49,925 |
| Mortuary Fees | 6,615 | 0 | 6,615 | 6,635 |
| Nikah Fees | 1,588 | 0 | 1,588 | 3,972 |
| ––––––– | ––––––– | ––––––– | ––––––– | |
| 58,888 | 0 | 58,888 | 61,310 | |
| ––––––– | ––––––– | ––––––– | ––––––– | |
| Investment income | ||||
| Rent received | 205,799 | 0 | 205,799 | 201,666 |
| ––––––– | ––––––– | ––––––– | ––––––– | |
| 205,799 | 0 | 205,799 | 201,666 | |
| ––––––– | ––––––– | ––––––– | ––––––– | |
| Other incoming resources | ||||
| Covid Furlough grant | 9,946 | 0 | 9,946 | 3,120 |
| ––––––– | ––––––– | ––––––– | ––––––– | |
| 9,946 | 0 | 9,946 | 3,120 | |
| ––––––– | ––––––– | ––––––– | ––––––– |
Page 10
SOUTH LONDON MOSQUE & ISLAMIC CENTRE
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 MARCH 2022
| 8. Costs of generating funds 2022 £ Hearse costs 1,359 Calenders 1,010 Funeral costs 0 Depreciation 9,682 –––––––– 9. Costs of charitable activities 2022 £ Charitable donations 0 Rates 715 Light & Heat 5,713 Cleaning 11,478 Security 1,606 Insurance 9,538 Telephone & Internet 522 Post, Print & Stationery 219 Building repairs 15,209 Renewals 4,100 Bank Charges 1,680 Credit Card Machine 727 Sundry expenses 2,120 Pest control costs 0 Subscriptions 250 Computers 0 Madrassa expenses 3,450 –––––––– 10. Governance costs 2022 £ Staff costs 179,748 Accountancy & Report fees 1,500 New Project costs 17,247 Payroll costs 744 Staff Pension costs 1,005 Office Administration costs 3,300 –––––––– |
2022 £ 12,051 –––––––– 2022 £ 57,327 –––––––– 2022 £ 203,544 –––––––– |
2021 £ 1,987 675 3,257 12,831 –––––––– 18,750 –––––––– 2021 £ 1,500 1,375 2,842 4,679 0 10,399 616 0 20,389 0 1,035 0 293 900 250 350 0 –––––––– 44,628 –––––––– 2021 £ 174,688 1,500 32,662 408 1,009 1,840 –––––––– 212,107 –––––––– |
|---|---|---|
Page 11
Page 14
eHARTfY REGISTERED NUMBER: 263?35 so UE & JSLAMIC CENTR TRifsTFLS' REPORT FINANCIAL STATE FOR THF YEAR ENDED 31 MA OBAT ARIF & CO. ED CERTtrtED AcfouNTAFrrs InA THE 1929,SUOP MERTOP4 ABBEY MIL 18 WATFRMILL WAY
sOT[ iIE & TSLAMIC CENTRE FOR THE YEAR FDE) 31 MARCH 2022 Cthariry- Examincrs rep(xt Trn9r¢e5' rqjari BaTr¢C S1ct Stn¢t of fin¢1[ ]vitI Schedu]c of fiJr# NO
UE & ]SLA14c CERE REPORT OF ThE TRUSTEES THE YEAR NDED 31 MARCH 2022 Thc trusree5 theii rewrt the statsrnethL of the charity forthc vear 31 March 2022. TELe truEtets conf1rm thDt the st8tem¥Jts widi the reqDirements of the Charititts Act 2011. th Tt Decd und t]1¢ Chiriti¢4 SORP 2005. Stnictiirn. GovornAR¢e 87d 1¥14Mag¢uent The tThstccg IFn p•ge I h•v¢ served thrDuEhout the yw. Nn iec has any bMefiGi&l iTrt¢rE5t in tho TTL&4t and they all rnernbcrs of t Tn frnsrtts aTe only appninicd by the BIrt afTru Govdnii)g docmie The tharity is govérned by its TnJs¢ de Tkc tniste¢s meet reEuIArty with th¢ maneMent CortunillEe lo TEVKW the dav ro (tsy which been delcgaled tts Comrnitt¢e, Relaied prrlie5 There Rre no rel•ed rArties that rew[ dAselosu Risk policy trustccs liasE a duty io IdlIfy the rls ¢0 wffti¢li the tharity is w5ed and to cnsiire approlate conrrols ¥e in ple lo provvk reable 8wJrance frawd crmr. ObjectiN'e3 and a1VinC5 Tr Chayiiablc I'rubts obiecty ar¢ io tbe 5tyty and pmttce of the I5]¥7 faith and io *fvanc¢ relTginus education in accordarjce ihe tk¢triues and Frtditcs of the 15Limic faith. Tho tharitable tr31 main aciivits¢5 llr¢'.
'l'o pi'ovjde acEvtrt etwhi¢h m¢D)tws of the wblic c4a 8dvancgthEIT thion Mi tlie jue4e ttf Islam: Ta pide duttional KtivitiES ID those Df the IS]Bl¢ failh: A commlliiity centre f(ff th6 local Muslim ¢ornmunity whLYcby d&ily fxilility tr¢ EKrfonned. ladie< id youtl) 11 Ctiiryties arc hel4 fijnernl li Dd matrima#ial facilities are provided. various lornl GownTrunit)' ¢veDt are IKld and a Fotsd 1¢¢ 15 also Tmvided forthe JxKfft of ill kKJl ciwnmuni ACh1CentI and perfornignce Tru9tees rire pl¢ased io starc tbtt the dmritshle h%5 contillueii with its obmit% ond ftTe Satisfied M'ith Ihc &cliievem¥nts in ofthe recent glolk11 outhre2k ofcovyd 19. Tliis imparted %ignificanÉty in the volunL1ry donalions rec4ived and oth6r Ectivirie5. FtJrtuThatety. this yeaT the r¢gulHr thnaiions have rrned ThÈ40 luevemert% tnuld nor hRve beBn TealTscd without the iwkiThg tf the dcffl¢xs. well ps tbÈ exeLllcnt rforniancE trf the modctiv Slzzd 5tJff ieam by our klnd )d (*thmgt&4i¢ Volte th all of ,)0 Ive are veTr' TarUI.
SOUTH LONDO MIC CENTRE Nol¢ 2022 2021 TR+Ie nxed IS¢9 Tllngible B5s¢Iq 2.7.$35 1806217 Ciirrent *gs¢ts 260J70 562.224 262,528 544,839 Btsnk A¢1]nts 821794 8n7,367 Credltorry AmouM¢s falling du¢ within cye 0.851 8,Q72 Nét eurr¢nt o$Mts 815.943 799,295 Tntal usets less curr•ni IIAbllltl 3.612,4n 3,005.J12 Credliors Amoui)ts fallirtg due fiftei niore than ono year (J88,320) (681,213) Nèt aixt5 £3.024.151 £2.>24.299 CApltAI R¢8trTCted ftiiids Umreltrlcted fijnds 15,735 3,(M)8,42J 2.924.299 TotAI fiinds £3,024.1.fjR £2.924.299 Approvd by clie ITUAICC8 on 18 DEcembcr2022 signcd on its t¢MIf. M A IT'a7. Th¢ noles fcrn pryrt of these finanaal 5talwn¢D gc 4
UE & tSLAMIC grATKMEFn OF FINANCIAL ACTI8 DET AILED ANALYStS OF MO MEFM IN FUNDS R THE YEAR ENDED 31 MARCH 2022 1021 Generaf Fbnd Surplus for the peri 84.124 lo39? 84.124 lQ3,693 Unrc5tricl¢d fwnd Op18 biilwce 24299 18211606 1924299 2.82Q..6(6 RLstrieted In¢orne Fund Opening Balance Volunhry Incnme- 7akat/s1qFiti7a Donatinn%- Z4kaVSadq&Trtrna 5.780 1.425 (7.205) 20,551 (4.816) 15.735 Totil fwMdA 9131 Imarck 2022 £k024.1511 £2.924,299
SOUTH LONtM)N M UF. NOTES TO THE FINANCIAL STA TF (Contintted) FOR TIIE YRAR ET4DED 31 MARCH stfftosts The &vcr8gc iiiwotrr of PEfsLM8 L*nployed by th¢ nry, inc]uding dirEftor. thitin8 thè peric4J foTimv6: 2022 2Q21 Adminisrrrtion TCher1 Imam 18 20 20 22 Inv¢5tm¢Mt Tncorne 21tt2 2•1X Rellt 205.799 201.£66 fixal ASS¢ts Pknnt and And ]hiidiw Total Cogi.. Ar l ApTiI 2021 2.WJ.5TI 116Ar2 1883,049 At 31 Mah 2022 1766..377 16.472 L883.Q49 Dyeciation: At l April 2021 Charge for the wiod 76,832 9.6f2 76I12 9.6R2 Ai 31 March 2022 86.514 86 J14 Nct %aMe' Ilt..11 Mllreh 2(J22 766577 £ 29.958 £179&535 Ai 31 N4arGh 2021 £17&5577 £ 39,640 £IRa6:217
UE & JSLAMIC CERE TO ThE FJNANCtAL STATEMENTS (ctI) THE YEARENDED 31 MARCK 2022 Ineoming Te5ryWrtes Unrost'd FuDds 20 Imeome Funds 2022 TotAI Fun¥J5 Z021 Fllndj 20 Volutsiary Ineome Donations Sub5¢ripliM* FraY CiJlke4ioos Fu(¥81 AmbulAnce dcfflatitifis DoTraliOrts for lW Masjid Volimi8ry Incorne- kAS[Fi(rn 15J62 7,845 21.813 67.862 d,955 49,011 4.93.f 49.011 28.447 28.H7 2D.551 205?1 1,425 82.413 20.551 101964 114J07 Adlvkies Cor g¢nerntiv% funth Salc of CAleTrders ladsl Fees Yortuary Fces Nikdi fee5 1.429 49,256 6.61J 1.429 4956 &615 1,58R 778 @C)35 3.972 51888 S%,8S8 61,310 R¢nl 1ved 205.799 205,799 201,666 20i.799 20S,799 201,666 Oller Inc(thlog res11 Covid Fpriwah grnni 9946 3.12 9,946 9946 3.120 Pagc 10
IIT & ISL41IYIC CErfrRE OTES TO FINANCIAL ATETrLVJl S (Conttntted) FOR THE YEAR ENTJED 31 MARCH 20 cl15 of gcnertttlng fuAdg 1021 2Q22 202) Hearse costs CaltaidrTS Funeral cnjts Depr¢¢iJtiNI lJ59 1.010 1,987 675 3,257 12.631 9.682 12.051 18.7.fO Costs of chaTItRble 8ctivSfles 1012 1021 CharttabTe datIO 1,500 715 5,113 Li1 & Heat 11142 4,679 Seujrih. Insiance Telephmc & IT]ttrnct Ptssi. Print& sIlOngry Bllilding repair5 Rellewall Banlc ayargcs Credit Cd L14acbinB Si1 expcnse5 P&4t control cmts Subscription5 Comwler5 Mth55a ¢XFKnsc5 938 522 219 li,209 d.i(KJ 1.6 727 1120 l Q399 616 20J%9 I,OlS 293 400 2iO 350 25n 3.45 57.327 44,K2R GoTerNnet ¢0515 202Z 3n2Z 202] tatT¢osts A ReFth f New P.lert ¢osts Pttyroll Cl15 Stsff Pengitsn costs OfficE AdministntitiTr costs 174,688 1,5DQ 32,662 4n8 1.500 17247 744 3JOO 1.84Q 203544 212.107 Page 11
LONI)OTr MO uz& ISLAMtc NOTES TO THE FINANaAL.WTATKME (Con¢inued) FOR THE YEAR ENDED 3J MAR H2n Demors and Pr¢sments AmounL4 falling dlle within one yEar. 2022 2021 repJ)Thcnts and AcGrutxt InwTll Staff IAJn Loark% Al Hidavam Ma5Dd Loa 31,820 5&750 778 58.75 3.00 2,00 l7&,000 £26fiS7Q £262,528 Creditor5 Amoiints fdllin4r thJt within >ear.- 2022 2121 Other T<lXeS & PAYF_ CCrn8k And Dtfttrnl IIKome 5.352 1.499 5.073 2.99) &851 £ 8.n72 Am¢)unis falling afterm2 than ypar.- 518.32Q 681.213 P8.oc 9
SOUTH LofqDON UE & ISLAMIC CF.PrntE r40TES TO THE TIf4AN L.YfATEMENTS FOR TIIE YF.AR DED 31 KARCH 1021 A¢eouoilDg polic ThE accAJuntg liave been uyKkr thE hi¢ieI eost modifKd b}. the inclusion of investsntsnts at maTket valu& The acrimts huvc i) PJEPaTNI I accordance witli th¢ Ststcmcnrt of ReEoTnmertdcd Practic< . Att¢)uTh1iiig Lnvj Rqxvting bj, Ciwitie5 ISORP 25) i9su&I Tn March 25. appli6ablc UK AcEThinting all¢jardS th¢ Chwiti¢s Ac 1993. The principal Kcwnting policies athpL'LYL in the preparatton Thf the acCOts aJE 3¢t cth bclow. Iner)rnik8 rNour¢es All i)xomiiiB rESOUttCS llre included irj the SOFA when thè &tharilit ts le88lty entitkd tts ihe incCe and the aTnr)uni can be quaDtified wih re8sLYJable Nccuraty. expènded All CXPcT)dir¢ is accourrttd acLTuals basis and Ims been cl&ssifJcd under headings that 8È8re8ate All ¢0sts related ID tl)e cfttegcly Whcrc c09ts n0t be directly 8ribUted to partxulAr headln Ihw have en x]lotaÈcd io ILVI1]eS b.$ c(bnsist¢nf with iise af the rc50UTre5. Tangiblt fu¢d frk$eti and dtprcciAtioJ Tangible fixed ftssets fvre eDSt les5 d¢[seCTl0Th. DcpreciRIioD is pmvided at lIlathd to wtile (he ¢osl less eStInw rU1thl?a1ue of earlL over its useful lifc, follows: FTEehold LAnd and li]dIng1- TllL4t4 hHv¢ a¢knpted the polKy io keep r] co81 Irj the hl&ntt thttt lLISl7 vallle aftd mard Yalue 15 di5clnwd in the Trn8tL*tg' Rcport. PTaTht i1fj8cbinery- 2¢PA pcr on NBV Moioi Vehic]e5- 25% amium on NBV Flnd Atcoumtin GeTl fuods im]rrrictEd fiffld5 whith are fi)r u¥e ai the diKretton of the trllqiees for particul[ piiryo5¢5. The aim llnd use of ¢xh ¢Ened fund b set our in the ne4 io ilie financial sratMents. Re5trictt¥4 funds are wthi£h arc to uwl io ¢K¢oTdw wtth spceific rcstriGtirs imposed by don(Ks rtr w.hich h¥¢ Talvd by T cknit). lor EQrticuTar The C05t of rdT%ing and dmini4cring such fund6 Ne ehryd against th¢ spe£ili¢ fvnd Tht aim snd use of EAth tleted find .75 nat in thc nor¢5 m 1h¢ 8t¢nth. Page 7
SOiiTH U)fiDON M UE & IsLAc cErffiiE STATEI M OF FINknYCtAI. ACr[TIEs FOR THE YEAR EP41)ED 3 MARCH 2022 Rcst, Incom Tot4l Funds 21121 UNresVd FuRdJ 21121 ltnmlng rc50UTryS In¢oThing R(owGe5 seneralcd fundF. VohntwiF inciThe 81413 20J51 102.964 114.5rI7 Actibitiu for gcnerdting furds 58,888 .881 61.31n 205, 2Q5.799 201.666 347.1 167,651 377.483 Other inc4MninE resoui 9.946 9946 3,120 TDthI Ineoming r¢50ure 357,046 2Q.S51 3)¥r1 380,6e)3 RDre&S expended Cost% tsfgcncrlltiiig fimd% 4.8l6 25.955 Cost5 nf ehAri18ble actITe$ 57.327 57J27 44628 Gorn8ce colts 203.544 J44 212,leI7 TDtsI r&sources cxpcnded 4,816 277,738 282,C)g) Nct •LovErnent in funds 4.124 15.73S 97.913 TDthl brought 2,924299 2,924.299 2,82fj.3RO Tnlyl fond9 eArrl¢J forrrnrd 3.W8.42J 15,735 I.Q24.15S 2.924.299 D&ails of IncLwninE resources and rCe* uvrtd &re Bivffl iii the not&5 to the finala7 %tknxnents.
UE & ISL4MIC CE RKPORT OF ThE TRUSTEES, (ContTnYLed) FOR THE YEAR FNDED 31 MARCH 2021 Fliianthl r¢k Reserve5 ExJIic)' Ir is tile p)lio' tsfth¢ thoTiry ts) rnxintAin unrestriGted W whb 8r¢ the fr¢e rescrvcs of tbe rkntity. lovel Equ$ IL) 8ppfoxiwTJÈli' thttt rn11 Nffe5trTcted exy)rLiture. Thi5 ynvidcs sufficient to c¥ver mRTJDgep)ent and 2diT)iniththn aThd sw¥xyt costs aud tn rospond to any ¢rnerger applications which Thay rise. I Inrostricied fwids VierÈ rnaintaiued ai tlii5 level frroughout the year. FTe¢hold knnd aThl l)uilditi In the opininn of thc directopts the me1ValUe of IBmd & knihlings 15 £i.150.OtKJ. Plans for f¥turÈ period rinalld RÉvicw In vicw of rl)e end of Covid pandemic and il'% rg)ssIon& thaTrty hts nth4' mtffl?gefj to maintain it-.s bnCeS (Lnd a15Q it'% normal slAndard of smd levcl of quRlity ¢ducaÉiiJTJal xtiv¢lies to satilfy iho ffteeds of th¢ C4)JnmuDiiv. We arc h¢)peful to cnntinoc with obj¢ctive artd reporting rVIa51b1tIIIe$ The tru.ILtcs are re5W)ll5ihle for pyeparing the Trusitss, Annunl Report and tbc fii)aT]¢ial %tatttnCFrts in accoTdBnce iviih upplible 8n& Unikd Kingdom Ae&ountillg (Unyted Kingdom Generally Accepted Accrnjnting PTRCtic¢). T]ie ]Aw applicahie 10 ehRriti¢S Tn Ennd And Wales Ttytitg the to prepare acc for ¢ach financilll yr IvhTch give a InK And fair view of tlie statÈ of th of the cliaril). and nf ihc Incorllg reinurtcs and nFplicatittn of rc5011rces irf the dwiiy for lknt wqwing these fInela[ lleD}ents. tl)e tntstCC8 a quired io: st]cd suifable awouniing p)licie5 and an)ly thcm ctentI. ohrV¢ di¢ m¢thds 8nd prln¢iplu in IhÈ Charitios RTr, m8ke jiidg¢Iets c5timlltC5 thai are Teasonable und wudeD¢ stkrte 8pplluble accliuniing srandNrd5 have bccYL followed, subject ID any mateti81 deparnjrey disclowd and explained irt finRnG1al.Elat¢ThII pfif8 the iiCC(Junis IX a going caneern bssi5 it is irwrWte lu that the cliarily will ¢OTrtinllc in owatirm. TI1¢ tDJgtets reypoD5ihit for keepiiig Fqrper pLcrKllthg TfGQTd5 41thi¢h disclcs¢ with renable xrwracjp at nny timè tht fLMJ)cial p71}n of the chHTity and C)le thern to luTe Ili&l the acefiunts crAnply with cln(leS AeL 201 I: tbe Cbariiy (Accouiits ar Repxts) RegUlati(s 2tKJ8 and lThe PmViSiDn of the tru5¢ decd. They are ft150 Tesnb]e for safeguarding the ll515 of thc ch&iry aud IKoce for l(ng Teb]C steps for the PTEvCnlioii Rnd QetEcti of fraud aihcr ifTegulNri .4pprov¢d tht itugtees on 111 Dccenlxr STwd it51xhaifbv." MhlJa Trnbtre
FNT EXAMfNER7S REPORT NDON M UE & tSLAP/JIC CENTrE DED 31 MARCII 2022 I rq)ort tJi¢ arcoimts whicth are set out on 4 tr 1 l. Rr5PECtive r£8pnThslbllltlcs of thB 'I"he rnistee5 are TB5pon%ihlc Cor the pryartion Df the eecollnts. The Inistees teildCr tbot an Audit 15 rcquircd for this F¢fTod Under.tIn 144(2) of thr ChHTit#J Act 2011 (tlie 2011 Act) an independent examination 15 need¢d. It ts my rcsponsibility to-. Examiiie the 41¢cM UTJdDr seciron 143 of the 201 1 ACL follow the preIl6 laid th)wi? in the genual Ilirertion5 siven hy Ihc Chority C0rnMT7(HI (un&r secriou 145(JXb) ctrf Ihe 2011 ALX). anJ state wh¢iher pprhcular m&iicrs have com¢ w Tni atttnlicfji. BAyls of IndEnde•t éxamkner's rerffirt My eXaminatT was carrled out ID tr¢(ffd8nc¢ with fjeDerAI DirEi(bS given by thE ChaTity Comrn15510M. Arj exaTlliVJtinn Intlu¢ks a Teview of tk wcounting recorth kw llv thc cliallty aT]d a eompariyoii of tlie occoui)ts PTmIed ivith thtsse recrt. It alw includes con5iderntion nf Any unusual itenis or di.%closures in tli¢ Bccoiii)ts. ¢kIThg &xplnnat1i8 fTom as tnJste45 tonttminB }F such matten, Thc procedures ndcrtTrk do nol wovld¢ lill the e¥Yiden¢¢ (hol wwld l)e rtquircd in an ld71, c(mKgucnily no opimlon TS &lveM t() wheiher Ilie aGwunl Prtscni a'inJ¢ and fair ¥iew' and the report 15 IiTnitEd to ihogc matter5 Set tsut In the ftiothmont below. I liave ¢ompTelcd my exftmiJMtiOJb. I t()nflmi that ]KJ niht¢ri?I MlerS hllvo COMIJ to Tny attentlon In connecti wlth t.lx examiftlliion givinE Ine io Ixlieve that in anYmer1] respect: l. aecoufilin8 rttords were rt¢X k¢pt in reépeciaf the ethllrlry As rtqUiTd by ¥£ction 130 of Ib? Act. èr 2. tlie accounts do nor ncwrd with those rccords.. or .1. IbE a¢eounr5 do iiot L¥)rnply with the ryplicahle rcquiremeiits conurning the f(fm ftnd ¢on¢Èni Thf acco)Jllts s ul Ift ilie Chnriti¢s (Acto19 tLnd Report5) RcgulaLnS 2008 (h¢r tlian any rcquirETYKUt IhBt the 8ccoun19 £lv¢ 'tru¢ and foir vl¢w' which 18 nal a i)utt¢r cmgidered 93 payt of IndePdeI cxminAIIon. I IIRve fflrj c0thttrn9 8JMI hive acro&q no otlxr m•tterA in conaxtion H'ith the L7aminlltion lo whieh attonilon slioukl bt dTaWI in thls r¢port ffl t)rdLt to ei)ablB a urtrknrnnding of ihe xcounts 10 b¢ re4Lthtd. Dat&.. 18 1)ecemb(¥ 2022 L4ob* eo. artrsed certifl Accrnmtants lJttlt IOA: The 1929 loP McrtorL Millq 18 Watsrmill Ivay STh192RD
SOUTH LnNDON M iIE & TSLAMtC CEiYTRE LEG.4L.4Pm ADMINISTRATtVE lFoRA TT Regtster•d Charily trtr. 263535 Chglrthan: Trtg1tt9: NAIi 2 NiRTi ARKarim M Salimiillih MAIjThz Rtybi¢rod Offi¢ 8 MitchaTh IAnc London A¢tantl.. Bobar Arif & CD. (]bai1¢r¢d Ceftif*d At¢ountan¢s UTkil IOA, The 1929 Shop N(enon Abbey Milli IB WTerni1]I iliay Londr SW19 2RD B•nkm: Bar¢lBy5 Bank Ple P4atWe51Bank Ple