06/12/2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| INCOMEANDENDOWMENTSFROM | |||||
| Donationsandlegacies | 101,612 | 101,612 | 95,794 | ||
| Charitable activities | |||||
| Charitable activities | 55,834 | 55,834 | 36,837 | ||
| Investmentincome | 2 | 1,574 | 1.574 | 405 | |
| Total | 159,020 | 159,020 | 133,036 | ||
| EXPENDITURE ON | |||||
| Raisingfunds | 3 | 89,905 | 89,905 | 77,618 | |
| Charitable activities | |||||
| Charitableactivities | 70,769 | 70,769 | 57,852 | ||
| Total | 160,674 | 160,674 | 135,470 | ||
| NETINCOME/(EXPENDITURE) | (1,654) | (1,654) | (2,434) | ||
| RECONCILIATIONOFFUNDS | |||||
| Totalfundsbroughtforward | 541,121 | 541,121 | 543,555 | ||
| TOTALFUNDSCARRIEDFORWARD | 539,467 | 539,467 | 541,121 |
| y q g accountforthe surplus anddeficitaccount968. |
y. y | pg | g |
|---|---|---|---|
| Unrestricted | Restricted | ||
| funds | funds | Total funds | |
| £ | |||
| Broughtforward-968/1 | 541,121 | 541,121 | |
| Carriedforward | 455,248 | 85,873 | 541,121 |
| Difference | (85,873) | 85,873 |
| BalanceSheet 31March2024 |
|||
|---|---|---|---|
| 2024 | 2023 | ||
| Notes | |||
| FIXEDASSETS | |||
| Tangibleassets | 6 | 395,121 | 384,564 |
| CURRENTASSETS | |||
| Debtors | 7 | 6,173 | 5,000 |
| Cashat bank andinhand | 140,590 | 153,148 | |
| 146,763 | 158,148 | ||
| CREDITORS | |||
| Amountsfallingduewithinoneyear | (2,417) | (1,591) | |
| NETCURRENTASSETS | 144,346 | 156,557 | |
| TOTALASSETSLESSCURRENTLIABILITIES | 539,467 | 541,121 | |
| NETASSETS | 539,467 | 541,121 | |
| FUNDS | 10 | ||
| Unrestricted funds | 539,467 | 455,248 | |
| Restricted funds | 85,873 | ||
| TOTALFUNDS | 539,467 | 541,121 |
| INVESTMENT INCOME | ||
|---|---|---|
| 2024 | 2023 | |
| Depositaccountinterest | 1,574 | 405 |
| Raisingdonationsandlegacies | ||
|---|---|---|
| 2024 | 2023 | |
| Funeralcosts | 2,831 | 4,135 |
| Religiouseventscosts | 16,618 | 21,265 |
| Repairs & overheads | 70,456 | 52,218 |
| 89,905 | 77,618 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| fund | fund | funds | |
| £ | £ | ||
| INCOMEANDENDOWMENTSFROM | |||
| Donationsandlegacies | 95,794 | 95,794 | |
| Charitableactivities | |||
| Charitableactivities | 36,837 | 36,837 | |
| Investmentincome | 405 | 405 | |
| Total | 133,036 | 133,036 | |
| EXPENDITUREON | |||
| Raisingfunds | 77,618 | 77,618 | |
| Charitableactivities | |||
| Charitableactivities | 57,852 | 57,852 | |
| Total | 135,470 | 135,470 | |
| NETINCOME/(EXPENDITURE) | (2,434) | (2,434) | |
| RECONCILIATIONOFFUNDS | |||
| Totalfunds brought forward | 457,682 | 85,873 | 543,555 |
| TOTALFUNDSCARRIEDFORWARD | 455,248 | 85,873 | S41,121 |
| 6. | TANGIBLEFIXEDASSETS | ||||
|---|---|---|---|---|---|
| Freehold | Motor | Computer | |||
| property | vehicles | equipment | Totals | ||
| COST | |||||
| At1April2023 | 456,843 | 6,100 | 462,943 | ||
| Additions | 12,400 | 1,200 | 13,600 | ||
| At31March2024 | 456,843 | 18,500 | 1,200 | 476,543 | |
| DEPRECIATION | |||||
| At1April2023 | 73,096 | 5,283 | 78,379 | ||
| Chargeforyear | 2,643 | 400 | 3,043 | ||
| At31March2024 | 73,096 | 7,926 | 400 | 81,422 | |
| NETBOOKVALUE | |||||
| At31March2024 | 383,747 | 10,574 | 800 | 395,121 | |
| At31 March 2023 | 383,747 | 817 | 384,564 | ||
| 7 | DEBTORS: AMOUNTSFALLINGDUEVwITHINONEYEAR | ||||
| 2024 | 2023 | ||||
| £ | |||||
| Otherdebtors | 5,000 | 5,000 | |||
| Prepayments and accrued income | 1,173 | ||||
| 6,173 | 5,000 | ||||
| 8. | CREDITORS:AMOUNTSFALLINGDUEWITHINONEYEAR | ||||
| 2024 | 2023 | ||||
| £ | |||||
| Othercreditors | 2,417 | 1,591 | |||
| 9 | ANALYSISOFNETASSETSBETWEENFUNDS | ||||
| 2024 | 2023 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| £ | |||||
| Fixedassets | 395,121 | 395,121 | 384,564 | ||
| Currentassets | 146,763 | 146,763 | 158,148 | ||
| Current liabilities | (2,417) | (2,417) | (1,591) | ||
| 539,467 | 539,467 | 541,12 1 | |||
| 10. | MOVEMENTINFUNDS | ||||
| Net | |||||
| movement | At | ||||
| At1.4.23 | infunds | 31.3.24 | |||
| Unrestricted funds | |||||
| Generalfund | 541,121 | (1,654) | 539,467 | ||
| TOTALFUNDS | 541,121 | (1,654) | 539,467 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | infunds | |
| Unrestrictedfunds | |||
| General fund | 159,020 | (160,674) | (1,654) |
| TOTALFUNDS | 159,020 | (160,674) | (1,654) |
| Comparativesformovementinfunds | |||
| Net | |||
| movement | At | ||
| At1.4.22 | infunds | 31.3.23 | |
| £ | £ | ||
| Unrestrictedfunds | |||
| General fund | 457,682 | (2,434) | 455.248 |
| Restrictedfunds | |||
| General fund - Restricted | 85,873 | 85,873 | |
| TOTALFUNDS | 543,555 | (2,434) | 541.121 |
| Comparativenetmovementinfunds,includedintheaboveareasfollows: | |||
| Incoming | Resources | Movement | |
| resources | expended | infunds | |
| £ | |||
| Unrestrictedfunds | |||
| General fund | 133,036 | (135,470) | (2,434) |
| TOTALFUNDS | 133,036 | (135,470) | (2,434) |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At1.4.22 | infunds | 31.3.24 | |
| £ | |||
| Unrestrictedfunds | |||
| General fund | 457,682 | (4,088) | 453,594 |
| Restricted funds | |||
| General fund - Restricted | 85,873 | 85,873 | |
| TOTAL FUNDS | 543,555 | (4,088) | 539,467 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | infunds | |
| Unrestricted funds | |||
| Generalfund | 292,056 | (296,144) | (4,088) |
| TOTAL FUNDS | 292,056 | (296,144) | (4,088) |
fortheYearEnded |
31March2024 |
|
|---|---|---|
| 2024 | 2023 | |
| INCOMEANDENDOWMENTS | ||
| Donationsandlegacies | ||
| Membership income | 101,612 | 95,794 |
| Investmentincome | ||
| Deposit account interest | 1,574 | 405 |
| Charitable activities | ||
| Fridayjumadonation | 4,733 | 7,395 |
| Mohurammajalis&nazar | 26,390 | 16,861 |
| Madrasaincome | 11,925 | 11,109 |
| Fitra -sadat&nonsadat | 6,198 | 1,472 |
| RamadanDonation | 6,588 | |
| 55,834 | 36,837 | |
| Totalincomingresources | 159,020 | 133,036 |
| EXPENDITURE | ||
| Raisingdonations and legacies | ||
| Funeralcosts | 2,831 | 4,135 |
| Religiousevents costs | 16,618 | 21,265 |
| Repairs & overheads | 70,456 | 52,218 |
| 89,905 | 77,618 | |
| Charitableactivities | ||
| Madrassacosts | 11,509 | 5,996 |
| Iftaricosts | 16,408 | 4,279 |
| Fitrasadat nonsadat |
6,198 | 2,756 |
| Scholarfees | 9,204 | 12,404 |
| Hospitality,gifts& donations | 1,255 | 1,721 |
| 44,574 | 27,156 | |
| Support costs | ||
| Management | ||
| Wages&salaries | 9,115 | 9,115 |
| Pensions | 8¬ | 86 |
| Rates andwater | 1,359 | 4,281 |
| Insurance | 1,835 | 1,674 |
| Lightandheat | 4,958 | 5,462 |
| Telephone & internet | 808 | 1,924 |
| Sundries Cleaning Computer costs |
358 2,948 61 |
1,191 2,202 |
| Travelling&motorexpenses | 328 | 1,108 |
| DepreciationofComputerEquip | 400 | |
| Depreciation ofMV | 2,643 | 205 |
| 24,899 | 27,248 | |
| Finance | ||
| Bankcharges | 216 | 232 |
| 2024 | 2023 | |
|---|---|---|
| £ | ||
| Finance | ||
| Governancecosts Professional fees Accountancyfee |
1,080 | 2,061 1,155 |
| 1,080 | 3,216 | |
| Totalresources expended | 160,674 | 135,470 |
| Netexpenditure | (1,654) | (2,434) |