2022-09-30-accounts

Charity information
Trustees' Annual Report
Independent Examiner's	Report
Statement ofFinancial Activities
Statement ofFinancial position, Notes to the financial		statements
Income and Expenditure	account		16

			Note	Current year Unrestricted	Current year Restricted	Current year Total Funds	Prior Year Total
				Funds	Funds		Funds
				2022	2022	2022	2021
Income &Endowments		from:
Donations &Legacies				136,162	23,300	159,462	178,738
Investments				211,030		211,030	191,001
Other				14,562		14,562
Total income				361,754	23,300	385,054	369,739
Expenditure on:
Charitable activities				260,587	26,700	287,287	209,720
Total expenditure				282,085	26,700	308,785	209,720
Net income for the year				79,669	(3,400)	76,269	160,019
Net income after transfers				79,669	(3,400)	76,269	160,019
Net movement in funds				79,669	(3,400)	76,269	160,019
Total funds brought	forward			2,251,058	311,536	2,562,594	2,402,575
Total funds carried forward				2,330,727	308,136	2,638,863	2,562,594

Fixed assets
intangible assets		2,374,957		,2,388,128
Total Reed assets		2,374,957		2,388,12$
Cnrrent assets
Dehlvrs 14	2.8,260		28,260
Cash at bnnk and m hand	2SSP$1		260,848
Total carreat msets	283,811		289,108
Creditors: amoaats falliag dao within one
year 15	12/61
'Net carrent assets		271,450		276,	147
		2,646,407		2,654+7S
Crotitors: amonnts fidhng due sAer more
than one year		(7,544)		(101,681)
The total aetassets ofthe charity				2;%2/94
The. ,total net assets ofthe.charity' ar'e fanded by tho fonda efthe charily, as		followst-
17	308,136
Unread Faads		308,136		311,936
	2/30.727		2/51,$58
		2,330,727		2,251,088
Tohtl charity faa'ds				~2JfrX	94

4 Donations, Grants and Legacies
	Current	Current	Current	Prior
	year	year	year	Year
	Unrestricted	Restricted	Total	Total
	Funds	Funds	Funds	Funds
	2022	2022	2022	2021
Donations and gifts from individuals
Donations - Friday Collections	136,162		136,162	82,343
Donations - Zakat Fund
		23,300	23,300	24,516
Total donations and gifts from individuals	136,162	23,300	159,462	106,859
Investment income
	Current	Current	Current	Prior
	year	year	year	Year
	Unrestricted	Restricted	Total	Total
	Funds	Funds	Funds	Funds
	2022	2022	2022	2021
Property Rental Income	211,030		211,030	191,000
Bank Interest Receivable				1
Total investment income	211,030		211,030	191,001

Other i	ncome and gains
		Current	Current	Current	Prior
		year	year	year	Year
		Unrestricted	Restricted	Total	Total
Current	year	Funds	Funds	Funds	Funds
		2022	2022	2022	2021
Arabic Classes		14,562		14,562
Furlough	Income				46,595
Total other income		14,562		14,562	46,595

Total Charitable		expenditure
				Current	Current	Current	Prior
				year	year	year	Year
				Unrestricted	Restricted	Total	Total
Current Year				Funds	Funds	Funds	Funds
				2022	2022	2022	2021
Total direct spending			8	40,822		40,822	56,340
Total grant making		costs	9	11,600	26,700	38,300	28,159
Total support costs			10	208,165		208,165	124,621
Total Governance		costs	11				600
Total charitable	expenditure			260,587	26,700	287,287	209,720
						Prior
				Prior Year	Prior Year	Year
				Unrestricted	Restricted	Total
Prior Year				Funds	Funds	Funds
				2021	2021	2021
Total direct spending				56,340		56,340
Total grant making		costs		(3,991)	32,150	28,159
Total support costs				124,621		124,621
Total Governance		costs		600		600
Total charitable	expenditure			177,570	32,150	209,720

								Current	Current	Prior
							Current year	year	year	Year
							Unrestricted	Restricted	Total	Total
	Current Year						Funds	Funds	Funds	Funds
							2022	2022	2022	2021
	Gross	wages and salaries -	charitable		activities		40,822		40,822	56,340
	Total	direct spending					40,822		40,822	56,340
	Expenditure on charitable			activities- Grant		funding ofactivities
								Current	Current	Prior
							Current year	year	year	Year
							Unrestricted	Restricted	Total	Total
	Current Year						Funds	Funds	Funds	Funds
							2022	2022	2022	2021
	Grants	made to individuals					11,600		11,600	17,159
	Grants	made to organisations						26,700	26,700	11,000
	Total	grant making costs					11,600	26,700	38,300	28,159
10	Support	costs for charitable		activities
						Current year Current year			Current year	Prior Year
						Unrestricted			Total Funds	Total Funds
	Current Year					Funds	Restricted	Funds
						2022	2022		2022	2021
	Premises	Expenses
	Rates and water charges					5,822			5,822	11,264
	Light heat and power					24,705			24,705	16,953
	Cleaning	and waste management				17,122			17,122	13,240
	Premises repairs, renewals, maintenance		and			58,553			58,553	14,941
	Property	insurance				4,923			4,923	4,679
	Administrative overheads
	Telephone, fax and internet						960		960	637
	Membership subscriptions					1,423			1,423	967
	Equipment	expenses
	Health and safety costs					8,574			8,574	2,430
						12

Advertising and marketing	Advertising and marketing				1,500			1,500
Sundry expenses					3,706			3,706	3,491
Educational Activities					38,200			38,200	14,460
Consultancy fees					19,579			19,579	18,600
Other legal and professional					5,103			5,103	1,080
Financial costs
Bank charges					4,324			4,324	4,664
Loan interest									5,242
Depreciation &Amortisation the period			in total	for	13,171			13,171	11,973
Support costs before reallocation					208,165			208,165	124,621
Total support costs	- Current Year				208,165			208,165	124,621
Other Expenditure	-Governance			costs
						Current	Current	Current	Prior
						year	year	year	Year
						Unrestricted	Restricted	Total	Total
Current Year						Funds	Funds	Funds	Funds
						2022	2022	2022	2021
Independent Examiner's		fees							600
Total Governance	costs								600

Current	Year	Land and Buildings	Fixture & Fittings	Equipment	User defined assets	Total
Cost
At 1 October 2021		1,588,982	260,210	147,031	691,387	2,687,610
Additions

	At 30September 2022	1,588,982	260,210	147,031		691,387	691,387
	Depreciation
	At 1 October 2021		183,729	115,753			299,482
	Charge for the year		8,722	4,448			13,170
	At 30September 2022		192,451	120,201			312,652
	Net book value
	At 30September 2022	1,588,982	67,759	26,830		691,387	2,374,958
	At 30September 2021	1,588,982	76,481	31,278		691,387	2,388,128
14.	Debtors
					2022		2021
	Other debtors				3,260		3,260
					3,260		3,260
15.	Debtors due after one year
					2022		2021
	Watford Muslim youth centre				25,000		25,000
					25,000		25,000

16.	Creditors: amounts	falling due within one year	2022	2021
	Accruals		12,361	12,961
			12,961	12,832
17.	Creditors: amounts	falling due after one year	2022	2021
	Bank loans and overdrafts		7,544	101,681

	At 30 September 2022	At 30 September 2022					Unrestricted	Designated	Restricted	Total	Total
							funds	funds	funds	Funds	Funds
	Tangible Fixed Assets						2,374,957			2,374,957	2,374,957
	Current Assets						(24,325)		308,136	283,811	283,811
	Current Liabilities						(12,361)			(12,361)	(12,361)
	Long Term Liabilities						(7,544)			(7,544)	(7,544)
							2,330,727		308,136	2,638,863	2,638,863
	At 1October 2021						Unrestricted	Designated	Restricted	Total	Total
							funds	funds	funds	Funds	Funds
	Tangible Fixed Assets						2,388,128			2,388,128	2,388,128
	Current Assets						(22,428)		311,536	289,108	289,108
	Current Liabilities						(12,961)			(12,961)	(12,961)
	Long Term Liabilities						(101,681)			(101,681)	(101,681)
							2,251,058		311,536	2,562,594	2,562,594
19	Financial Instruments
									2022	2021
	Financial assets measured			at fair value through			income and
	expenditure
	Financial assets measured		at	fair value through		income and expenditure			283,811	289,108
	Financial liabilities	measured			at fair value through income and
	expenditure
	Financial liabilities	measured			at fair value through		income and
	expenditure								12,361	12,961
	Financial liabilities	measured			at amortised	cost
	Financial liabilities	measured			at amortised
	cost								271,450	273,147

		2022	2021
Income
Income - Friday Collections	&Zakat Fund	159,462	132,145
Income from investments		211,030	191,000
HMRC - furlough Income			46,595
Interest receivable			1
Other income - Arabic Classes		14,562
Total Income		385,054	369,740
Expenditure
Gross wages and salaries		40,822	56,340
Charitable Activities		21,498	17,159
Grants made to organisations		26,700	11,000
Grants made to Individual		11,600
Rates and water charges		5,822	11,264
Light heat and power		24,705	16,953
Premises repairs and maintenance		58,553	14,941
Cleaning Cost		17,122	13,240
Insurance		4,923	4,679
Telephone, fax, and internet		960	637
Education Activities (Minhaj	ul Quran)	38,200	14,460
Subscriptions &Memberships		1,423	966
Equipment expenses		500
Health and safety costs (incl	Security)	8,574	2,430
Advertising and marketing		1,500
Sundry expenses		3,706	3,491
Consultancy fees		19,579	18,600
Other legal and professional		5,103	1,080
Bank charges		4,324	4,664
Loan interest			5,242
Depreciation		13,171	11,973
Independent Examiner's fees	(PAYE only)		600
Total expenditure in the year		308,784	209,720
Net income		76,270	160,020