Charity registration # 271538 ## **THE BALHAM MOSQUE** Annual Report for the year ended 31st March 2021 ## **M.ZAIDI AND CO** ## **STATUTORY AUDITORS** _241 Mitcham Road, Tooting, London SW17 9JQ_ **Telephone: 0208 767 2300, Fax: 020 8767 9110** ## **THE BALHAM MOSQUE** **Information Trustees** Sir Iqbal Sacranie Mr.Haroon Karim Mr.Haroon Daud Mr. Mohammed Ayaz Niazi Mr. Farouk Valimohamed Mr A K Amejee Mr Aniz Jussab **Registered Office** 47A Balham High Road London SW12 9AW **Auditors** M.Zaidi and Co Statutory Auditors 241 Mitcham Road London SW17 9JQ **Bankers** HSBC 117 Balham High Road London SW17 9AJ National Westminster Bank Plc 63 - 65 Piccadilly London W1J OAJ Al Rayan Bank 77-79 Edgware Road London W2 2HZ **Charity Reg Number** 2 7 1 5 3 8 ## **THE BALHAM MOSQUE** ## **Contents** ||**Page**| |---|---| |Trustees' Annual Report|**1 - 3**| |Auditor's Report|**4 - 6**| |Statement of Financial Activities|**7 - 9**| |Balance sheet|**10**| |Notes to the accounts|**10 - 15**| ## **THE BALHAM MOSQUE** ## **TRUSTEES' ANNUAL REPORT** ## **FOR THE YEAR ENDED 31st MARCH 2021** The Trustees present their report together with the financial statements of the charity for the year ended 31st March 2021. The Balham Mosque, 47A Balham High Road, london SW12 9AW is registered with the Charities Commission (Registration Number 271538) and constituted by Deed of Trust. ## **Principal Activities** The principal activities and objective of the charity is the advancement of religion by conduct of public worship and the religious instruction of person according to the tenets of the religion of Islam. ## **Risk Management** The Trustees have examined the major strategic, business and operational risks which the charity faces and confirm that the systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks. ## **Charity's Structure, Governance and Management** The charity is made up of a board of Trustees, Management Committee (or 'Office Bearers') and Sub-committees which oversee the functioning of the charity as well over seeing our full-time salaried staff that are responsible for the day-to-day running of our Centres. ## **Recruitment and appointment of Trustees** The new Trustees are appointed by the existing trustees. The charity trustees may at any time decide to appoint a new charity trustee, whether in place of a charity trustee who has retired or been removed. Any charity trustee so appointed and who is not one of the first charity trustees shall be appointed for a term of five years by the charity trustees. Such appointment can be renewed at the discretion of the existing trustees at the time. ## **Brief description of charity's achievements and performance during the period** The Charity Trustees have carried out substantial work for the benefit of its members and other members of the community. The main purpose of the Charity is to provide prayer facilities and religious education to the community. It also provides burial services and counselling service to the community. **Page 1** ## **THE BALHAM MOSQUE** ## **TRUSTEES' ANNUAL REPORT** ## **FOR THE YEAR ENDED 31st MARCH 2021** This year has not passed without a struggle bearing in mind that we have been going through a Covid period for the last two years. The number of deaths in the community has increased substantially which resulted in active work by the burial Committee and other Volunteers who supported us in carrying out the burial and other bereavement services. It comes down to tireless efforts of Trustees, Committee Members, Volunteers, Staff & Donors which is very much appreciated. We would like to thank them all for their continuing service and support in helping our Organisation. In view of the effect of Covid on the elderly in the community the Charity provided meals and food to number of families in the area. It also worked closely with Tooting Community Kitchen in providing food support to the needy in our borough. It must be noted that the service and was provided to those in need, irrespective of their ethnicity or faith. We also note with sadness that the mosque facilities including madrassah classes had to be shut down for certain period to be in adherence to Government regulation. ## **The Trustees regards to the Charity Commission's guidance on public benefit** It is always the aim of the trustees to ensure to ensure the guidance provided by the Charity Commission is taken seriously and implemented. ## **Reserve Policy** - 1.1 It is the policy of Balham Mosque & Tooting Islamic Centre to maintain free reserves at a level which balances our objectives to develop and support services with our need to remain financially stable. 1.2 A minimum level of free reserves equating to at least 4 months of unrestricted expenditure is considered sufficient to cover management, administration and support costs and to respond to emergency needs which arise from time to time. - 1.3 In addition, there is also a need to designate certain sums from free reserves for anticipated expenditure in the short to medium term. - 1.4 This would generally be for capital expenditure and will be specified in the notes to the annual accounts. - 1.5 It is anticipated that total free reserves, including designated funds, would be maintained at a level of 4 months of unrestricted expenditure. ## **Trustee's responsibilities in relation to financial statements** Law applicable to the charities in England and Wales requires the Trustees to prepare financial statements for each financial year, which give true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to: - Select suitable accounting policies and then apply them consistently; - Make judgements and estimates that are reasonable and prudent; **Page 2** ## **THE BALHAM MOSQUE** ## **TRUSTEES' ANNUAL REPORT** ## **FOR THE YEAR ENDED 31st MARCH 2021** - State whether applicable accounting standards and statement of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping financial records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the provisions of Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. 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. The charity is administered by an executive management committee comprising: Chairman : Arshad Daud Vice Chairman : Naeem Siddiqui Secretary : Umar Valimohamed Assistant Secretary : Nadeem Mian Trustee Representative : Ayaaz Niazi Acting Treasurer : Farouk Valimahomed Approved by the board on ....................... and signed on its behalf by: .............................. **Mr A K Amejee** Trustee Date : ...................... .............................. **Mr Haroon Daud** Trustee Date : ...................... **Page 3** ## **INDEPENDENT AUDITORS' REPORT TO** ## **THE TRUSTEES OF THE BALHAM MOSQUE** ## **FOR THE YEAR ENDED 31st MARCH 2021** ## **Opinion** We have audited the financial statements of The Balham Mosque for the year ended 31st March 2021, which comprise the statement of financial activities, the balance sheet, and the related notes, including a summary of significant accounting policies.The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the charity's affairs as at 31st March 2021, and of its incoming resources and application of resources, for the period then ended; - have been prepared in accordance with United Kingdom Generally Accepted Accounting Practice and - have been prepared in accordance with the requirements of the Charities Act 2011. ## **Basis for opinion** We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ## **Conclusions relating to going concern** We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where: - the trustees' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or - the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Charity's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. **Page 4** ## **INDEPENDENT AUDITORS' REPORT TO** ## **THE TRUSTEES OF THE BALHAM MOSQUE** ## **FOR THE YEAR ENDED 31st MARCH 2021** ## **Other information** The trustees are responsible for the other information. The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## **Matters on which we are required to report by Exception** In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Annual Report. We have nothing to report in respect of the following matters where the Charities Act 2011 requires us to report to you if, in our opinion: - sufficient accounting records have not been kept; or - the financial statements are not in agreement with the accounting records and returns; or - we have not received all the information and explanations we require for our audit. ## **Responsibilties of the trustees** The trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the Charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so. **Page 5** ## **INDEPENDENT AUDITORS' REPORT TO** ## **THE TRUSTEES OF THE BALHAM MOSQUE** ## **FOR THE YEAR ENDED 31st MARCH 2021** ## **Our responsibilities for the audit of the financial statements** Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: [www.frc.org.uk/auditorsresponsibilities]. This description forms part of our auditor's report. ## **Use of our report** This report is made solely to the Charity's trustees, as a body, in accordance with section 144* of the Charities Act 2011 and the regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the Charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. .................................................... **Mr M Zaidi (Senior Statutory Auditor) For and on behalf of M.Zaidi & Co Chartered Accountants & statutory Auditors 241 Mitcham Road London SW17 9JQ** Date:..................... **Page 6** ## **THE BALHAM MOSQUE** ## **STATEMENTS OF FINANCIAL ACTIVITIES YFOR THE YEAR ENDED 31 MARCH 2021** |**Notes**

**Incoming Resources**
**1.1**
General Donations
Madrassah Donations
Annual Family Fun Day
Anerley Orchard Cemetery-Donations
Rent received
From Al Risala towards TIC Expenses
Calender project receipts
Radio transmitters receipts
Madrassah Quran Project
TIC Project
Nikkah Certificate
Membership Fees
Books
Funeral Services
Gift aid refund
Sports & other Events
Arabic Class
Takmilah Course
New Hearse Appeal
Other Income
Return on Investment
**Total before Zakat, Sadaqah, Fitrana, Appeals & Interest**
Zakat, Sadaqah,Fitrana & Fidya
Collection for others & special appeals
Interest (to be donated)
**Total Incoming Resources**
**Resources Expended**
**1.2**
Advertising
Mosque Staff Salaries
Madrassah Staff Salaries
Staff pension costs
Staff training
Calenders project cost
Radio transmitters cost
Rates
Insurance
Website costs|**Restricted**
**Unrestricted**
**Funds**
**Funds**
**£**
**£**
134,412
20,044
-
51,977
295,779
14,379
1,625
900
-
4,804
381
2,710
1,200
50,337
51,311
630
160
330
43,118
9,990
2,711
**-**
**686,798**
44,279
9,193
879
**54,351**
**686,798**
-
138,138
116,502
4,021
446
1,590
-
33
20,099
1,182|**2021**
**Total**
**Funds**
**£**
134,412
20,044
-
51,977
295,779
14,379
1,625
900
-
4,804
381
2,710
1,200
50,337
51,311
630
160
330
43,118
9,990
2,711
**686,798**
44,279
9,193
879
**741,149**
-
138,138
116,502
4,021
446
1,590
-
33
20,099
1,182|**2020**
**Total**
**Funds**
**£**
125,281
73,487
23,658
-
285,414
18,108
2,609
1,200
500
63,007
600
1,760
3,401
33,659
53,119
7,525
2,125
740
-
-
2,553| |---|---|---|---| ||||**698,746**
65,270
24,594
761| ||||**789,371**| ||||4,333
149,161
123,149
4,550
1,913
1,800
2,592
1,664
18,935
861| **Page 7** ## **THE BALHAM MOSQUE** ## **STATEMENTS OF FINANCIAL ACTIVITIES YFOR THE YEAR ENDED 31 MARCH 2021** |**Notes**
Light & Heat
Repairs and Maintenance
Printing, Postage and Stationery
Telephone and internet
Books Purchased
Quran Project
Dawah Expenses
Funeral services expenses
TIC Project Expenses
Funday Expenditure
Sports/Events
Legal and Professional Services
Anerley Orchard Cemetery-Expenses
Covid-19 Expenses
Accountancy
Audit fees
Bank Charges
Loan Charge Matrix
Tenant Deposit Protection Fee
Cleaning Services
Membership Fees
Amortization of sharia compliant loan cost
Depreciation on Improvement of Buildings
Amortisation on long leasehold
Depreciation on FF & Equipment
Depreciation on motor vehicles
**Total before Zakat, Sadaqah, Fitrana, Appeals & Interest**
Government Grants
Zakat, Sadaqah & Fitrana
Collection for others- Special Appeals payments
Interest received donated
**Total Resources Expended**
Net Incoming Resources for the year
Total funds brought forward
**Total funds carried forward**|**2021**
**2020**
**Restricted**
**Unrestricted**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**
32,445
32,445
38,224
61,661
61,661
52,540
2,122
2,122
2,088
4,611
4,611
4,378
2,029
2,029
3,577
-
-
618
275
275
2,402
40,829
40,829
28,271
-
-
10,916
-
-
3,139
839
839
18,124
13,668
13,668
21,952
43,352
43,352
-
2,291
2,291
-
3,000
3,000
3,000
1,200
1,200
1,200
2,013
2,013
1,228
1,107
1,107
53,664
-
-
40
26,023
26,023
36,130
500
500
-
-
-
21,802
41,758
41,758
41,758
1,966
1,966
1,966
12,877
12,877
11,189
9,784
9,784
-
**-**
**586,361**
**586,361**
**667,164**
118,971
118,971
30,479
30,479
69,000
15,944
15,944
11,220
-
-
-
**46,423**
**467,390**
**513,813**
**747,384**
7,928
219,408
227,279
41,987
34,442
3,935,680
3,970,122
3,928,136
**42,370**
**4,155,031**
**4,197,401**
**3,970,123**|**2020**
**Total**
**Funds**
**£**
38,224
52,540
2,088
4,378
3,577
618
2,402
28,271
10,916
3,139
18,124
21,952
-
-
3,000
1,200
1,228
53,664
40
36,130
-
21,802
41,758
1,966
11,189
-| |---|---|---| |||**667,164**
69,000
11,220
-| |||**747,384**| **Page 8** ## **THE BALHAM MOSQUE** ## **STATEMENTS OF FINANCIAL ACTIVITIES YFOR THE YEAR ENDED 31 MARCH 2021** ||||**2021**|**2020**| |---|---|---|---|---| ||**Restricted**|**Unrestricted**|**Total**|**Total**| |**Notes**|**Funds**|**Funds**|**Funds**|**Funds**| ||**£**|**£**|**£**|**£**| **The statement of financial activities includes all gains and lossess in the year. All incoming resources and resources expended derive from continuing activities.** **Page 9** ## **THE BALHAM MOSQUE** ## **Balance sheet as at 31st March 2021** ||||**2021**||||||**2020**||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||**Notes**|**£**|||**£**|||**£**|||**£**||| |**Fixed assets**|||||||||||||| |Tangible assets|**3**|||3,641,579||||||3,655,262|||| |**Deferred revenue expenditure**|||||||||||||| |Sharia compliant loan cost|||||-||||||-||| |**Current assets**|||||||||||||| |Debtors and prepayments|**5**|817,332||||||831,258|||||| |Cash at bank and in hand||1,128,346||||||908,737|||||| |||1,945,678||||||1,739,995|||||| |**Current liabilities**|**6**||||||||||||| |Creditors||4,590||||||4,670|||||| |Sundry Creditors and Accruals||21,266||||||16,465|||||| |||25,856||||||21,135|||||| |**Net current assets**||||1,919,822||||||1,718,860|||| |**Total assets less current**|||||||||||||| |**liabilities**||||5,561,401||||||5,374,122|||| |Long-term liabilities|**7**|||(1,364,000||)||||(1,404,000||)|| |**Net assets**||||4,197,401||||||3,970,122|||| |**Accumulated Funds**|**10**||||||||||||| |Unrestricted funds||||4,155,031||||||3,935,680|||| |Restricted funds|||||42,370||||||34,442||| |||||4,197,401||||||3,970,122|||| - ............................ ............................. **Mr A K Amejee Mr. Haroon Daud Trustee Trustee** Date: ................... Date: ................... **Page 10** ## **THE BALHAM MOSQUE Notes to the accounts** ## **for the year ended 31st March 2021** ## **1. Accounting policies** ## **1.1. Accounting convention** The financial statements have been prepared under historical cost convention, in accordance with Accounting and Reporting by Charities - Charities Act 2011 and with applicable Accounting Standards. ## **Fund Accounting** Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. ## **1.2. Incoming Resources** ## **Recognition of Incoming Resources** These are included in Statement of Financial Activities (SoFA) when: - the charity became entitled to the resources; - the trustees are virtually certain they will receive the resources; and - the monetary value can be measured with sufficient reliability. ## **Incoming resources with related expenditure** Where incoming resources have related expenditure (as with fund raising or contract income) the incoming resources and related expenditure are reported gross in the SoFA. ## **Grants and Donations** Grants and donations are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. ## **1.3. Resources Expended** All expenditure will be recognised in the period in which a liability is incurred and has been classified under headings that aggregate all costs related to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff ## **Cost of generating funds** These are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. **Page 11** ## **THE BALHAM MOSQUE Notes to the accounts** ## **for the year ended 31st March 2021** ## **1.4. Tangible fixed assets and depreciation** Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life, as follows: - Land and buildings 2% Straight Line - Leasehold properties Straight Line over the life of the lease - Fixtures fittings & equipment 25% Straight Line Motor vehicles - 10% Straight Line - Islamic sharia compliant loan cost 15 years as per loan duration ## **2. Staff Costs** |**Staff Costs**
Wages and Salaries (Including employer's NIC)
Average number of monthly employees|**2021**
**£**
254,640
28|**2020**
**£**
281,332| |---|---|---| |||28| No employee received remuneration of more than £60,000 during the year. |**3.**|**Tangible assets**|**Land and**|**Land and**|**Land and**|**Fixtures**|**Fixtures**|||||| |---|---|---|---|---|---|---|---|---|---|---|---| |||**buildings**||**buildings **|**fittings and**||**Motor**||||| |||**freehold**||**leasehold**|**Equipment**||**vehicles**|||**Total**|| ||||**£**|**£**||**£**|**£**||||**£**| ||**Cost**||||||||||| ||At 1st April 2020|2,087,877||1,953,574||113,504|-|||4,154,955|| ||Additions|||-||13,568|39,134||||52,702| ||At 31st March 2021|2,087,877||1,953,574||127,072|39,134|||4,207,657|| ||**Depreciation**||||||||||| ||At 1st April 2020||378,811|28,380||92,502|9,784||||509,477| ||Charge for the year||41,758|1,966||12,877|-||||56,601| ||At 31st March 2021||420,569|30,346||105,379|9,784||||566,078| ||**Net book values**||||||||||| ||At 31st March 2021|1,667,308||1,923,228||21,692|29,350|||3,641,578|| ||At 31st March 2020|1,709,066||1,925,194||21,002|(9,784|)||3,655,262|| **Page 12** ## **THE BALHAM MOSQUE** ## **Notes to the accounts** ## **for the year ended 31st March 2021** |**4.**|**Auditors Remuneration**||**2021**|**2020**| |---|---|---|---|---| ||||**£**|**£**| ||Fees payable for the audit of the financial statements||1,200|1,200| ||||1,200|1,200| |**5.**|**Debtors**||**2021**|**2020**| ||||**£**|**£**| ||Receivable from Ableband Ltd||663,297|639,661| ||HMRC Gift Aid||130,300|173,202| ||Other Debtors||14,379|18,108| ||Prepayments||9,356|287| ||||817,332|831,258| |**6.**|**Current liabilities**||**2021**|**2020**| ||||**£**|**£**| ||Tenants' deposit||4,407|4,407| ||Funeral Expenses-Advance paid||4,590|4,670| ||Sundry creditors & accruals||16,859|12,058| ||||25,856|21,135| |**7.**|**Long-term liabilities**||**2021**|**2020**| ||||**£**|**£**| ||Qarz-e-Hasna (Interest free loan)||35,000|75,000| ||Al-Rayan Loan|1,329,000||1,329,000| |||**-------------**||-----------| |||1,364,000||1,404,000| **Page 13** ## **THE BALHAM MOSQUE Notes to the accounts** ## **for the year ended 31st March 2021** ## **8. Banks securities and facilities:** ## **National Westminster Bank PLC facilities:** ABT Sharia Finance Loan satisfied fully on the 04/05/2020. ## **Securities:** The Sharia compliant loan is secured over the Charity's asset, "Orchard Lodge Sports Ground, William Booth Road, Penge, Bromley" as 1st legal charge. ## **9. Loan from Al-Rayan Bank** The Balham Mosque has obtained a loan of £1.3 M from Al-Ryan Bank on the 13th of December 2018, which has a legal charge against 15 Laitwood Road property. |**10. **|**Movements in Funds**
**At 1st**
**April 2020**
**Incoming**
**Resources**
**Outgoing**
**Resources**
**Prior Year**
**Adjustments**
**At 31st**
**March 2021**
**£**
**£**
**£**
**£**
**£**
Unrestricted Funds
3,935,680
805,769
)
(586,418
-
4,155,031
Restricted Funds
34,442
54,351
)
(46,423
-
42,370
Total
3,970,122
860,120
)
(632,841
-
4,197,401
**Restricted Funds**
**At 1st**
**April 2020**
**Incoming**
**Resources**
**Outgoing**
**Resources**
**Prior Year**
**Adjustments**
**At 31st**
**March 2021**
**£**
**£**
**£**
**£**
**£**
Zakat, Sadaqah,Fitrana &
Fidya
9,722
44,279
)
(30,479
-
23,522
Collection for others & special
appeals
21,800
9,193
)
(15,944
-
15,049
Interest fund
779
879
-
-
1,658
P.A system
2,141
-
-
-
2,141
34,442
54,351
)
(46,423
-
42,370|**Movements in Funds**
**At 1st**
**April 2020**
**Incoming**
**Resources**
**Outgoing**
**Resources**
**Prior Year**
**Adjustments**
**At 31st**
**March 2021**
**£**
**£**
**£**
**£**
**£**
Unrestricted Funds
3,935,680
805,769
)
(586,418
-
4,155,031
Restricted Funds
34,442
54,351
)
(46,423
-
42,370
Total
3,970,122
860,120
)
(632,841
-
4,197,401
**Restricted Funds**
**At 1st**
**April 2020**
**Incoming**
**Resources**
**Outgoing**
**Resources**
**Prior Year**
**Adjustments**
**At 31st**
**March 2021**
**£**
**£**
**£**
**£**
**£**
Zakat, Sadaqah,Fitrana &
Fidya
9,722
44,279
)
(30,479
-
23,522
Collection for others & special
appeals
21,800
9,193
)
(15,944
-
15,049
Interest fund
779
879
-
-
1,658
P.A system
2,141
-
-
-
2,141
34,442
54,351
)
(46,423
-
42,370| |---|---|---| |||42,370| **Page 14** ## **THE BALHAM MOSQUE** ## **Notes to the accounts** ## **for the year ended 31st March 2021** ## **11. Analysis of Net Assets Between Funds** |**Analysis of Net Assets Between Funds**||||||||| |---|---|---|---|---|---|---|---|---| ||**Unrestricted**|||**Restricted**||**Total**||| ||**Funds**|||**Funds**||**Funds**||| |**At 31st March 2021**|**£**||||**£**|**£**||| |Tangible Fixed Assets|3,641,579||||-|3,641,579||| |Defferred revenue expenditure|-||||-|-||| |Current Assets|1,945,678||||-|1,945,678||| |Current Liabilities|(25,856|)|||-|(25,856|)|| |Long-term liabilities|(1,364,000|)|||-|(1,364,000|)|| ||4,197,401||||-|4,197,401||| |**At 31st March 2020**|**£**||||**£**|**£**||| |Tangible Fixed Assets|3,655,262||||-|3,655,262||| |Defferred revenue expenditure|-||||-|-||| |Current Assets|1,739,995|||||1,739,995||| |Current Liabilities|(21,135|)|||-|(21,135|)|| |Long-term liabilities|(1,404,000|)|||-|(1,404,000|)|| ||3,970,122|||||3,970,122||| ## **12. Related Party Transactions:** The related parties of the charity are the common trustees. There were no wages paid to the trustees during the year. During the year Al-Risalah Education trust paid The Balham Mosque £14,379.47 towards Tooting Islamic Centre Expenses. **Page 15**