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2020-12-31-accounts

Registered	Registered	Charity Number	269563
Trustees	with tenure ofoffice		Sir. Iqba I Sacranie
			Br. Haroon Karim
			Br. Haroon Daud
			Br. Nowsad Gani
			Br.Bashir Sattar
			Br.Asif Rangoonwala
			Br.Abba Ali Yousuf
			Br.Aniz Jussab
			Dr. Esmail Harunani
			Br. Hanif Osman
			Br Haroon Dada
			Br.Yousuf Gadit
			Sis.Shamim Osman
			Br.Waseem Adil
Office Bearers			Mr Shabir Valimohamed			—Honorary			President
			Mr Salim Lohiya —Honorary				Vice President
			Mr Waseem YAdil	—Honorary				Secretary
			Mr Bashir Sattar —Honorary				Assistant		Secretary
			Mr Abba Ali Yousuf	—Honorary				Treasurer
National	Council Member		Mr Hanif Osman
			Mrs Shamim Osman
			Mr Nowsad Gani
			Mr Yousuf Gadit
			Mr Zaheed Harunani
			Mr Shabir Tayub
			Mrs Sajida Tayub
			Mr Nadeem Harunani
			Miss Farah Lohiya
			Mr Abdul Karim Sacranie
			Miss Noor Valimohamed
			Mrs Zeenat Valimohamed
			Miss Aisha Tayub -	Co-opted			Member
			Mr Mohammed Gani		—Co-opted Member
Registered		Office	3Weir Road
			London
			SW12 OLT
Auditors			KWSR R CO
			Chartered Accountants 5 Registered						Auditors
			136Merton High Street
			London SW19 IBA
Bankers			Lloyds Bank Plc
			Al Rayan Bank Plc

Contents
LEGAL AND ADMINISTRATIVE INFORMATION
REPORT OF THE NATIONAL COUNCIL MEMBERS AND TRUSTEES
REPORT OF THE AUDITORS
BALANCE SHEET AT31DECEMBER 2020
STATEMENT OF FINANCIAL ACTIVITIES
DETAILED ANALYSIS OF MOVEMENTS IN FUNDS
NOTES TO THE FINANCIAL STATEMENTS

		Note			2020		2019
Tangible fixed assets
Tangible assets					1,279,088		1,238,625
Current assets
Debtors			5	84,505		84,505
Advance paid				1,200
Bank Accounts				504,522		532,425
				590,227		616,930
Creditors
Amounts falling due within one year
				1,613		3,001
Net current assets					588,614		613,929
Total assets less current	liabilities				1,867,702		1,852,554
Creditors
Amounts falling due after
more than one year					(347,514)		(297,514)
Net assets					1,520,188		1,555,040
Capital funds
Restricted funds					1,225		1,225
Unrestricted funds					1,518,963		1,553,815
Total funds					1,520,188		1,555,040

					Rest'd	Tota I	Total
			Note	Unrest'd	Income	Funds	Funds
				Funds	Funds	2020	2019
				f	f	E	f
Incoming resources
incoming Resources		from
generated funds:
Voluntary income				813		813	698
Activities to generate		funds		25,550		25,550	80,436
investment income				2,182		2,182	15,503
				28,545		28,545	96,637
Other incoming resources				7,898		7,898	1,250
Tota I incoming resources				36,443		36,443	97,887
Resources expended
Costs ofgenerating	funds			595		595	1,725
Charitable activities			10	54,130		54,130	51,616
Governance costs				16,570		16,570	17,831
Totalresources expended				71,295		71,295	71,172
Net movement in funds				(34,852)		(34,852)	26,715
Total funds brought		forward		1,553,815	1,225	1,555,040	1,528,325
Total funds carried forward				1,518,963	1,225	1,520,188	1,555,040

3.	Investment Income
				2020	2019
				E
	Investment income-	Al Rayan Bank		2,182	2,875
	Flat Rent				12,628
				2,182	15,503
4.	Tangible fixed assets
			Land	Plant
			and	and
			Buildings	Machinery	Tota	I
			E	E	E
	Cost:
	At 1January 2020		1,233,598	80,663	1,314,261
	Addition during the year		41,719		41,719
	At 31December 2020		1,275,317	80,663	1,355,980
	Depreciation:
	At 1January 2020			75,636	75,636
	Charge for the period			1,256	1,256
	At 31December 2020			76,892	76,892
	Net book value:
	At 31December 2020		1,275,317	3,771	1,279,088
	At 31December 2019		1,233,598	5,027	1,238,625

Amounts falling due	within one year:
		2020	2019
		E	E
Rent receiva b Ie		6,990	6,990
Receivable from WMO		2,515	2,515
Memon Association	Leicester Loan	75,000	75,000
		84,505	84,505
Creditors

				2020	2019
				E	f
PAYE				284	601
Accruals	and Deferred		Income	1,200	2,400
Wages				129
				1,613	3,001
Amounts	falling	due after more than one year:
MA Rangoonwala		Foundation		249,355	199,355
Members'	loans			98,159	98,159
				347,514	297,514

						Unrest'd	Tota I	Tota I
						Funds	Funds	Funds
						2020	2020	2019
						f	E	E
Volunta ry		Income
Donations		and Subscriptions				813	813	698
						813	813	698
Activities for generating					funds
Hire of Hall						19,150	19,150	70,211
Function	Income							625
Madressah		hire	fees			6,400	6,400	9,600
						25,550	25,550	80,436
Investment		income
Investment		income				2,182	2,182	2,875
Flat Rent								12,628
						2,182	2,182	15,503
Other incoming			resources
Parking rent								1,250
HMRC JRS		Grant				7,898	7,898
						7,898	7,898	1,250
Costs of	generating			funds
							2020	2019
Advertisement			S.Web-site				595	1,725

10.	Charitable activities	Charitable activities	Charitable activities
				2020	2019
				f	f
	Print, Post &.	Stationery		584	510
	Telephone			1,004	1,099
	Rates			802	8,000
	Water rates			10,678	794
	Light &. Heat			12,426	12,428
	Repairs & renewals			1,185	3,248
	Functions costs				5,570
	Refurbishment		of MAUK	13,069
	Insurance			7,699	7,677
	Cleaning			3,927	9,185
	Fire & safety				180
	Sports events			1,000	1,250
	Depreciation			1,256	1,675
	Sundry expenses			500
				54,130	51,616
11.	Governance	costs
				2020f	2019f
	Administration		costs		433
	Sa la ries			14,890	14,958
	Accountancy				1,000
	Book —keeping		fees	480	240
	Auditor's fee			1,200	1,200
				16,570	17,831