## **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: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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 sO￿T￿[ iIE & TSLAMIC CENTRE FOR THE YEAR F￿DE￿) 31 MARCH 2022 Cthariry- Examincrs rep(xt Trn9r¢e5' rqjari B￿aTr¢C S1￿ct S￿t￿n¢￿t of fin￿¢1￿[ ￿￿]vitI Schedu]c of fiJr# NO￿ UE & ]SLA14￿c CE￿RE 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 T￿￿t 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 i￿￿ec has any bMefiGi&l iTrt¢rE5t in tho TTL&4t and they all rnernbcrs of t￿ Tn￿ frnsrtts aTe only appninicd by the BI￿rt afTru Govdnii)g docmie The tharity is govérned by its TnJs¢ de Tkc tniste¢s meet reEuIArty with th¢ man￿eMent 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 Id￿lIfy the rl*s ¢0 wffti¢li the tharity is w5ed and to cnsiire appro￿late conrrols ¥e in pl￿e lo provvk re￿able 8wJrance frawd crmr. ObjectiN'e3 and a￿1VinC5 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 tr￿31￿ main aciivits¢5 llr¢'. >'l'o pi'ovjde acEvtrt etwhi¢h m¢D)tws of the wblic c4a 8dvancgthEIT thion Mi tlie ju￿￿￿e4￿e ttf Islam: > Ta p￿￿ide dut*tional KtivitiES ID those Df the IS]B￿l¢ 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 ACh1￿C￿entI 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 r￿rned ThÈ40 luevemert% tnuld nor hRve beBn TealTscd without the iwkiThg t*f the dcffl¢xs. well ps tbÈ exeLllcnt rforniancE trf the modc*tiv Slzzd 5tJff ieam by our klnd ￿)d (*thmgt&4i¢ Vol￿te￿￿ th all of ￿,￿)0￿ Ive are veTr' ￿Ta￿rUI. SOUTH LONDO MIC CENTRE Nol¢ 2022 2021 T￿R￿+￿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 ACTI￿￿￿8 DET AILED ANALYStS OF MO MEFM IN FUNDS R THE YEAR ENDED 31 MARCH 2022 1021 Generaf Fbnd Surplus for the peri 84.124 lo3￿9? 84.124 lQ3,693 Unrc5tricl¢d fwnd Op￿1￿8 biilwce 24299 18211606 1924299 2.82Q..6(6 RLstrieted In¢orne Fund Opening Balance Volunhry Incnme- 7akat/s￿1q￿Fiti7￿a 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 st*fftosts The &vcr8gc iiiwotr*r of PEfsLM8 L*nployed by th¢ ￿nr￿y, inc]uding dirEftor. thitin8 thè peric4J foTimv6: 2022 2Q21 Adminisrrrtion T￿Cher1 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 Ma￿h 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 CE￿RE TO ThE FJNANCtAL STATEMENTS (c￿tI￿￿￿) 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* Fr￿aY CiJlke4ioos Fu￿(¥81 AmbulAnce dcfflatitifis DoTraliOrts for l￿W Masjid Volimi8ry Incorne- ￿kA￿S￿[Fi(r￿n 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 ￿lad￿s￿l Fees Yortuary Fces Nikdi fee5 1.429 49,256 6.61J 1.429 49￿56 &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 res￿11 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 cl￿15 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 d￿atIO 1,500 715 5,113 Li￿1 & Heat 11142 4,679 Seujrih. Insi￿ance Telephmc & IT]ttrnct Ptssi. Print& sI￿lOngry Bllilding repair5 Rellewall Banlc ayargcs Credit C￿d L14acbinB Si￿1￿ expcnse5 P&4t control cmts Subscription5 Comwler5 Mth55a ¢XFKnsc5 9￿38 522 219 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 Cl￿15 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