2021-09-30-accounts - The Mosque And Islamic Centre Of Brent

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Trustees' annual report
Independent examiner's report tothe trustees
Statement offinancial activities
Statement offinancial position
Notes tothe financial statements
The following pages do not form part ofthe financial		statements
Detailed statement offinancial	activities.

Reference a	Reference a	nd adm	inistrative	details
Registered		charity	name	The Mosque	and Islamic Centre ofBrent
Charity	registration		number	272500
Principal	office			33A Howard	Road
				Cricklewood
				NW2 6DS
				London
The trustees
				Mr Mohammed		Sadeeq (Chair)
				Mr Mohammed		Hussain
				Mr Mohammed		Hukumdad-Ul-
				Chdri
				Mr Majed lsmail		Chaudry
				Mr. Basharat	Aslam
				Mr. Mohammed		Najib Khan
Independent		examiner		R8RAccountancy Services Limited
				Certified Chartered Accountants
				219-A
				Cricklewood	Broadway
				London
				NW2 6JX

			Current	Current	Current	Prior
		Note	Unrestricted	year Restricted	year Total	Year Total
			Funds	Funds	Funds	Funds
			2021	2021	2021f	2020
Income 8 Endowments
from:
Donations 8 Investments Other	Legacies	4 5 6	112,701 191,001 46,595	19,443	132,144 191,001 46,595	64,254 176,118 23,262
Total income			350,297	19,443	369,740	263,634
Expenditure	on:
Charitable activities			198,720	11,000	209,720	220,708
Total expenditure			198,720	11,000	209,720	220,708
Net income	for the year		151,577	8,443	160,020	42,926
Net income	after transfers		151,577	8,443	160,020	42,926
Net movement in funds			151,577	8,443	160,020	42,926
Total funds forward	brought		2,099,483	303,093	2,402,576	2,359,650
Total funds forward	carried		2,251,060	311,536	2,562,596	2,402,576

		Notes	to th	e Financial Statements (continued)	e Financial Statements (continued)	e Financial Statements (continued)	e Financial Statements (continued)
			Year	ended 30September 2021
				Notes			2021	2020
							K
Fixed assets
Intangible assets Tangible assets					13		2,388,361	2,318,684
Total fixed assets							2,388,361	2,318,684
Current assets
Debtors					14	28,260	28,260
Cash at bank and in	hand					260,484	226,558
Total current assets						288,744	254,818
Creditors: amounts one year		falling due within			15	~12,961	12,832
Net current assets							275,783	241,986
							2,664,144	2,560,670
Net assets
Creditors: amounts than one year	falling due after		more		16		(101,681)	(158,094)
The total net assets		ofthe charity					2,562,463	2,4M,576
The total net assets		ofthe charity	are funded		by the funds ofthe charity, as follows:-
Restricted funds
Restricted Revenue		Funds			17	311,406	303,093
							311,406	303,093
Unrestricted Funds
Unrestricted Revenue Funds					17	2,251,057	2,099,483
							2,251,057	2,099,483
Designated Funds
Total charity funds							2,562,463	2462,576

	Donation Legacies	s, G	rants and
					Current	Current	Prior
				Current year	year	year	Year
				Uhrestricted Funds	Restricted Funds	Total Funds	Total Funds
				202'I	202'I	2021	2020
				f
	Donations	and gifts from
	individuals
	Donations - Friday Collections			112,701		112,701	82,343
	Donations - Zakat Fund				19,443	19,443	24,516
	Total donations individuals		and gifts from	112,701	19,443	132,144	106,859
6.	Investment	income
					Current	Current	Prior
				Current year	year	year	Year
				Unrestricted Funds	Restricted Funds	Total Funds	Total Funds
				2021	2021	2021	2020
	Property Rental Income			191,000		1911000	176,100
	Bank Interest Receivable					1	18
	Total investment		Income	191,001		191,001	176,118

6.	Other income	a	nd gains
						Current	Current
					Current year year		year	Prior Year
	Current year				Unrestricted Funds Restdcted Funds		Total Funds	Total Funds
					2021	2021	2021	282D
	Arabic Classes
								650
	Furlough income				46,595		46,595	22,612
	Total other income				46,595		46,595	23,262
7.	Total Charitable		expenditure
						Current	Current
					Current year	year	year	Prior Year
	Current Year				Unrestncted Funds	Restricted Funds	Total Funds	Total Funds
					2921	2021	2021	2020
	Total direct spending				56,340		56,340	52,729
	Total Charitable		activity costs	9	17,159	11,000	28,159	76,500
	Total support costs				124,622		124)622	87,923
	Total Governance		costs		600		600	3,557
	Total charitable	expenditure			1!I8,721	11000	209,721	220,710
						Prior Year	Prior Year	Prior Year
Prior Year						Unrestricted Funds	Restricted Funds	Total Funds
						2D20	2020	2020
Total direct spending						52,729		52,729
Total charitable activity costs						73,500	3.000	76,500
Total support costs						8?,921		a?,923
Total Governance		costs				3,557		3,557
Total charitable expenditure						217,707	3,000 '	220,710

							Current
				Current year		Current year	year	Prior Year
	Current Year			Unrestricted Funds		Restricted Funds	Total Funds	Total Funds
					2021 f	2021 f	2021f	2020 f
	Gross wages and salaries activities	—charitable			56,340		56,340	52,729
	Total direct spending				56,340		56,340	52,729
9.	Expenditure on charitable	activities
				Current year		Current year	Current year	Prior Year
	Current Year			Unrestricted Funds		Restricted Funds	TotalFunds	Total Funds
					2021	2021	2021	2020f
	Charitable Activities Grants made to organisations				17,159		17,159 11,000	65,000 '117500
	Total charitable activities costs				17,159	11,000	28,159	76,500
0.	Support costs for charitable		activities
				Current	year	Current year	Current year	Prior Year
	Current Year			Unrestricted Funds		Restricted Funds	Total Funds	Total Funds
	Premises Expenses			2021 f		2021 f	2021 f	2020 f
	Rates and water charges Light heat and power				11,264 16,953		11,264 16,953	12,361 18,249
	Cleaning and waste management Premises repairs, renewals and maintenance				13,240 14,941		13,240 14,941	5,000
	Property insurance				4,679		4,679	4,915
	Administrative overheads
	Telephone, fax and internet				637		637	973
	Membership subscriptions				967		967	1,890
	Equipment expenses Health and safety costs				2,430		2,430	1,000 2,814
	Advertising and marketing							600
	Sundry expenses				3,491		3,491	6,210

	Educational Activities Consultancy fees Other legal and professional			14,460 18,600 1,080		14,460 18,600 1,080	14,000 1,793
	Financial cosfs
	Bank charges Loan interest Depreciation &Amortisation the period	in total for		4,664 5,242 11,973		4,664 5,242 11,973	968 8,190 8,958
	Support costs before reallocation		124,622			1241622	87,923
	Total support costs -Current Vear		124,622			124,622	87,923
	Other Expenditure -Governance
11.	costs
	Current Year		Current year Unrestricted Funds		Current year Restricted Funds	Current year Total Funds	Prior Year Total Funds
			2021		2021	2021	2020
					8		F
	Independent Examiner's fees			600		600	3,557
	Total Governance costs			600		600	3,557

Current Year	Land and Buildings	Fixture & Fittings	Equipntent	User defined assets	Total
Cost
At 1 October 2020	1,588,982	238,094	130,031	649,087	2,606,194
Additions		22,116	17,000	42,300	81,416
At 30September 2021	1,588,982	260,210	147,031	691,387	2,687,610

				Notes to the Fina	ncial	Statements	(continued)
				Year ended	30	September	2021
Current Assets				(22,792)			311,536	288,744	288,744
Current Liabilities				(12,961)				(12,961)	(12,961)
Long Term Liabilities				(101,681)				(101,681)	(101,681)
				2,250,927			311,536	2,582,463	2,562,463
At 1 October 2020				Unrestricted	Designated		Restricted	Total	Total
				funds f		funds	funds	Funds K	Funds
Tangible Fixed Assets				2,318,684				2,318,684	2,318,684
Current Assets				(48,275)			303,093	254,818	254,818
Current Liabilities				(12,832)				(12,832)	(12,832)
Long Term Liabilities				(158,094)				(158,094)	(158,094)
				2,099,483			303,093	2,402,576	2,402 576
Financial Instruments
								2021	2020
Financial assets measured expenditure			at	fair value through income		and
Financial assets measured		at	fair value through income and
expenditure								288,744	254,818
Financial liabilities measured and expenditure				at fair value through	income
Financial liabilities	measured	at		fair value through income and
expenditure								12,661	12,832
Financial liabilities measured				at amortised cost
Financial liabilities	measured	at
amortised cost								275,783	241,986

		2021f	2020
income
Income - Friday Collections	8 Zakat Fund	132,145	64,254
Income from investments		191,000	176,100
HMRC - furlough Income		46,595	22,612
Interest receivable		1	18
Other income - Arabic Classes			650
Total Income		369,740	263,634
Expenditure
Gross wages and salaries		56,340	52,729
Charitable Activities		17,159	65,000
Grants made to organisations		11,000	11,500
Rates and water charges		11,264	12,381
Light heat and power		16,953	18,249
Premises repairs and maintenance		14,941	5,000
Cleaning Cost		13,240
Insurance		4,679	4,915
Telephone, fax and internet		637	971
Education Activities (Minhaj	ul Quran)	14,460
Subscriptions 8 Memberships		966	1,890
Equipment expenses			1,000
Health and safety costs (inc	Security)	2,430	2,814
Advertising and marketing			600
Sundry expenses		3,491	6,210
Consultancy fees		18,600	14,000
Other legal and professional		1,080	1,793
Bank charges		4,664	968
Loan interest		5,242	8,191
Depreciation		11,973	8,958
Independent Examiner's fees (PAVE only)		600	3,557
Total expenditure in the year		209,720	220,708
Net income		160,020	42,926