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||||Page|
|---|---|---|---|
|Trustees'
annual
report||||
|Independent
auditor's
report to|the members|||
|Statement offinancial
activities|||10|
|Statement offinancial
position||||
|Statement ofcash flows||||
|Notes to the financial statements||||
|The following
pages do not form part of||the financial statements||
|l3etailed statement
offinancial|activities|||
|Notes to the detailed statement|offinancial|activities||
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|Registered|charity|name|ISLAMIC CULTURE AND EDUCATION CENTRE BATTERSEA|ISLAMIC CULTURE AND EDUCATION CENTRE BATTERSEA|ISLAMIC CULTURE AND EDUCATION CENTRE BATTERSEA|
|---|---|---|---|---|---|
|Charity registration||number|275697|||
|Principal office|||73-75 Falcon Road|||
||||Battersea|||
||||London|||
||||SW11 2PF|||
|The trustees|||Mr A A Karmani - Chairman|||
||||Mr M A Choudry - General|||
||||Secretary|||
||||Dr M Akhteruzzaman|-Treasurer||
||||Mr M Arshad|||
||||Mr A K Barkatullah|||
||||Mr N A Hashimi|||
||||Mr D Hossain|||
|Auditor|||Saleemi Associates|||
||||Chartered
accountants|& statutory|auditor|
||||792 Wickham
Road|||
||||Croydon
CRO SEA|||
|Bankers|||National
Westminster|Bank Pic||
||||StJohn Road|||
||||Battersea|||
||||London|||
||||SW11|||
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|||
||||||funds|funds|Total funds|Total funds|
|||||Note||||F|
|Income and|endowments||||||||
|Donations
and legacies||||4|173,590||204,651|126,641|
|Other trading|activities|||5|40,273||40,273|31,024|
|Total income|||||213,863|31,061|244,924|157,665|
|Expenditure|||||||||
|Expenditure|on charitable|activities||6,7|127,282|25,608|152,890|108,107|
|Total expenditure|||||127,282|25,608|152,890|108,107|
|Net income|and net movement||in|funds|86,581|5,453|92,034|49,558|
|Reconciliation
offunds|||||||||
|Total funds brought
forward|||||2,023,306||2,023,306|1,973,748|
|Total funds|carried forward||||2,109,887|5,453|2,115,340|2,023,306|
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|31 March 2022||||||
|---|---|---|---|---|---|
|||Note|2022||2021
f|
|Fixed assets||||||
|Tangible fixed assets||||1,92&,677|1,912,221|
|Current assets||||||
|Cash at bank and in|hand||231,015||160,419|
|Creditors: amounts|falling due within one year|12|44,352||49,334|
|Net current assets||||186,663|111,085|
|Total assets less current liabilities||||2,115,349|2,023,306|
|Net assets||||2,1I15,340|2,023,306|
|Funds ofthe charity||||||
|Restricted funds||||5,453||
|Unrestricted
funds||||2,108,887|2,023,306|
|Total charity funds||||2,115,340|2,023,306|
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|Year ended 31 March|2022|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||F|F|
|Cash flows from operating|activities|||||
|Net income||||92,034|49,558|
|Adjustments
for:||||||
|Depreciation
oftangible
fixed assets||||936|1,101|
|Government
grant income||||(28,546)|(37,294)|
|Accrued expenses/(income)||||18|(9)|
|Changesin:||||||
|Trade and other creditors||||(5,000)|(20,499)|
|Cash generated
from operations||||59,442|(7,143)|
|Net cash from/(used
in) operating||activities||59,442|(7,143)|
|Cash flows from investing|activities|||||
|Purchase oftangible assets||||(17,392)|(30,915)|
|Net cash used
in investing
activities||||(17,392)|(30,915)|
|Cash flows from financing|activities|||||
|Government
grant income||||28,546|37,294|
|Net cash from financing
activities||||28,546|37,294|
|Net increase/(decrease)
in|cash|and cash|equivalents|70,596|(764)|
|Cash and cash equivalents|at beginning||ofyear|160,419|161,184|
|Cash and cash equivalents|at end ofyear|||231,015|160,419|
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|e useful economic
life|ofthat asset as follows:||
|---|---|---|
|Equipment|- 15-25%reducing|balance|
|Fixtures 8 Fittings|-15-25%reducing|balance|
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|||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|
|Donations|||||||
|Donation 8 collection||||111,796|865|112,661|
|Donation 8 collection-Building
project||||5,000||5,000|
|Donation 8 collection-Food||bank|||1,650|1,650|
|Grants|||||||
|Government|grant income-|Mosque activity|||19,976|19,976|
|Government|grant income-|Youth|activity||8,570|8,570|
|Subscriptions|||||||
|Contribution,|fees 8 subscription||- Mosque activity|34,076||34,076|
|Contribution,|fees 8 subscription||-Youth activity|22,718||22,718|
|||||173,590|31,061|204,651|
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|||||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|2021|
||||||||F||
|Donations|||||||||
|Donation|8 collection|||||54,851||54,851|
|Donation|8 collection-Building|||project||2,000||2,000|
|Donation|&collection-Food||bank||||200|200|
|Grants|||||||||
|Government||grant income-|Mosque activity||||||
|Government||grant income-|Youth||activity||37,294|37,294|
|Subscriptions|||||||||
|Contribution,||fees 8 subscription|||- Mosque activity|19,378||19,378|
|Contribution,||fees &subscription|||-Youth activity|12,918||12,918|
|||||||89,147|37,494|126,641|
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|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|2022|Funds|2021|
|||F|f.|||
|Calendar,|books 8 food sales - Youth|||||
|activity||1,107|1,107||482|
|Calendar,|books &food sales-|||||
|Mosque activity||2,583|2,583|1,125|1,125|
|Letting and|licensing|36,583|36,583|29,417|29,417|
|||40,273|40,273|31,024|31,024|
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|Expenditure
on charitable
activities|by fund type|||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2022|
||F|||
|Mosque activities|66,123|17,038|83,161|
|Youth group activities|52,043|8,570|60,613|
|Support costs|9,116||9,116|
||127,282|25,608|152,890|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2021|
|Mosque activities|43,132|19,317|62,449|
|Youth group activities|27,481|18,177|45,658|
|Support costs||||
||70,613|37,494|108,107|
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|7.|Expenditure
on charita|ble
activi|ties
by activity type||||
|---|---|---|---|---|---|---|
||||Activities||||
||||undertaken|Support|Total funds|Total fund|
||||directly|costs|2022|2021|
||||F||||
||Mosque activities||83,161|5,470|88,631|62,449|
||Youth group activities||60,613|3,646|64,259|45,658|
||||143,774|9,116||108,107|
|8.|Net income||||||
||Net income is stated after charging/(crediting):||||||
||||||2022|2021|
|||||||F|
||Depreciation
oftangible|fixed assets|||936|1,101|
|9.|Staffcosts||||||
||The total staff costs and|employee|benefits for the reporting|period are analysed as||follows:|
||||||2022|2021|
||||||F|F|
||Wages and salaries||||87,532|63,768|
||Social security costs||||4,294|1,543|
||||||91,826|65,311|
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|es to the Financial State
r ended 31 March 2022
Tangible fixed assets|ments
fcontinuedJ||||
|---|---|---|---|---|
||Land and|Fixtures and|||
||buildings|fittings|Equipment|Total|
|Cost|||||
|At 1 April 2021I|1,905,981|50,752|30,126|1,986,859|
|Additions|17,392|||17,392|
|At 31 March 2022|1,923,373|50,752|30,126|2,004,251|
|Depreciation|||||
|At 1 April 2021||48,059|26,579|74,638|
|Charge for the year||404|532|936|
|At 31 March 2022||48,463|27,111|75,574|
|Carrying
amount|||||
|At 31 March 2022|1,923,373|2,289|3,015|1,928,677|
|At 31 March 2021|1,905,981|2,693|3,547|1,912,221|
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|Creditor|s: amounts
f|alling due within one year|||
|---|---|---|---|---|
||||2022|2021|
|Accruals|and deferred|income|352|334|
|Qard-e-|Hassanah||44,000|49,000|
||||44,352|49,334|
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|Government|grants|grants||||
|---|---|---|---|---|---|
|The amounts|recognised
in the financial statements||for government|grants are as follows:||
|||||2022|2021|
|||||K||
|Recognised|in income from donations|and legacies:||||
|Government|grants income|||28,546|37,294|
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|Unrestricte|d
funds||||||
|---|---|---|---|---|---|---|
|||||||At|
|||At|||31 March|20|
|||1 April 2021|Income|Expenditure||22|
|General funds||2,023,306|213,863|(127,282)|2,109,887||
|||||||At|
|||At|||31 March|20|
|||1 April 2020|Income|Expenditure||21|
||||||F||
|General funds||1,973,748|120,171|(70,613)|2,023,306||
|Restricted|funds||||||
|||||||At|
|||At|||31 March|20|
|||1 April 2021|Income|Expenditure||22|
|Restricted|Fund||31,061|(25,608)|5,453||
|||||||At|
|||At|||31 March|20|
|||1 April 2020|Income|Expendituref||21|
|Restricted|Fund||37,494|(37,494)|||
|Analysis ofnet as|sets between funds||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|||F|||
|Tangible fixed assets||1,928,677||1,928,677|
|Current assets||225,562|5,453|231,015|
|Creditors less than|1 year|(44,352)||(44,352)|
|Net assets||2,109,887|5,453|2,115,340|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|Tangible fixed assets||1,912,221||1,912,221|
|Current assets||160,419||160,419|
|Creditors less than|1 year|(49,334)||(49,334)|
|Net assets||2,023,306||2,023,306|
##
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|Analy|sis|of|chan|ge|s
in net debt||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||At|
|||||||At|1|Apr 2021|Cash flows|31 Mar 2022|
|Cash|at|bank|and|in|hand|||160,419|70,596|231,015|