## Trustees’ Annual Report for the period
> From (start date) 0D 1D M0 1 2 0M Y Y to (end date) D3 1 1 2 2 0D M M Y Y
**----- Start of picture text -----**
Section A Reference and administration details
**----- End of picture text -----**
|**Section A**
**Reference and administration details**|**Section A**
**Reference and administration details**|**Section A**
**Reference and administration details**|**Section A**
**Reference and administration details**|**Section A**
**Reference and administration details**|**Section A**
**Reference and administration details**|
|---|---|---|---|---|---|
|Charity name
Other names the charity is known by
Registered charity number (if any)
Charity’s principal address
Postcode
Names of the charity trustees who manage the charity
**Trustee Name**
**Offce (if any)**
**Dates acted if not for**
**whole year**
**Name of person (or body)**
**entitled to appoint**
**trustee(if any)**
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Names of the trustees for the charity, if any(for example, any custodian trustees)
**Name**
**Dates acted if not for whole year**
QUWWATUL ISLAM HEMEL HEMPSTEAD
QUWWATUL JAMIA MEHRIA GHOUSIA
2 8 1 6 7 5
150 ST ALBANS HILL
HEMEL HEMPSTEAD
HERTS
H P 3 9 J P
ADALAT HUSSAIN TRUSTEE
MOHAMMED AHSAN TRUSTEE
MOHAMMED FAROOQ AHMEDTRUSTEE
HABIB AHMED KHAN TRUSTEE
R.S. AHMED KAYANI TRUSTEE
Quwwatul Islam committee/General
members
As above
As above
As above
~~As above~~|Charity name
Other names the charity is known by
Registered charity number (if any)
Charity’s principal address
Postcode
Names of the charity trustees who manage the charity
**Trustee Name**
**Offce (if any)**
**Dates acted if not for**
**whole year**
**Name of person (or body)**
**entitled to appoint**
**trustee(if any)**
QUWWATUL ISLAM HEMEL HEMPSTEAD
QUWWATUL JAMIA MEHRIA GHOUSIA
2 8 1 6 7 5
150 ST ALBANS HILL
HEMEL HEMPSTEAD
HERTS
H P 3 9 J P|||||
||**Trustee Name**|**Offce (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint**
**trustee(if any)**||
|||||||
||ADALAT HUSSAIN|TRUSTEE||
Quwwatul Islam committee/General
members||
|||||||
|||||||
||MOHAMMED AHSAN|TRUSTEE||As above||
||MOHAMMED FAROOQ AHMED|TRUSTEE||As above||
|||||||
||HABIB AHMED KHAN|TRUSTEE||As above||
||R.S. AHMED KAYANI|TRUSTEE||~~As above~~||
|||||||
|||||||
|||||||
|||||||
|||||||
|||||||
|||||||
|||||||
|||||||
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**March 2012**
**TAR**
1
**Reference and administration details (continued)**
**Section A**
|**Section A**
**Reference and administration details (continued)**|**Section A**
**Reference and administration details (continued)**|**Section A**
**Reference and administration details (continued)**|**Section A**
**Reference and administration details (continued)**|
|---|---|---|---|
||Names and addresses of advisers(optional information)
**Type of adviser**
**Name**
**Address**
Name of chief executive or names of senior staff members(optional information)|||
|||||
|||||
||**Section B**|**Structure, governance and management**||
||Description of the charity’s trusts
Type of governing document
(eg trust deed, constitution
How the charity is constituted
(eg trust, association, company)
Trustee selection methods
(eg appointed by, elected by)
Additional governance issues (optional information
You**may choose**to include additional
information, where relevant, about:
• policies and procedures adopted for the
induction and training of trustees;
• the charity’s organisational structure and any
wider network with which the charity works;
• relationship with any related parties;
• trustees’ consideration of major risks and the
system and procedures to manage them.
CONSTITUTION
CHARITY TRUST
BY HAVING AN ELECTION AFTER THE TERM OF FIVE YEARS APPOINTED BY MAJORITY MEMBERS
PRESENT BY A SHOW OF HANDS OR BY A WRITTEN BALLOT.
1) The centre shall have 5 trustees for the term of 5
years.
2) The appointment of trustees shall be by the General
body (Registered members) of the centre.
3) It shall be the duty of the board to convene a
meeting of the general body with a view to proposing
at such a meeting the discharge of a trustee from
ofce, if it becomes to notice that the trustee:
a) Has remained out of the UK for 12 months.
b) Has indicated to the board in writing his desire to
be discharged.
c) Refuse to act.
d) Has become bankrupt or has made arrangements
of composition with his credits generally.|CONSTITUTION
CHARITY TRUST||
|||BY HAVING AN ELECTION AFTER THE TERM OF FIVE YEARS APPOINTED BY MAJORITY MEMBERS
PRESENT BY A SHOW OF HANDS OR BY A WRITTEN BALLOT.||
|||||
**March 2012**
**TAR**
2
**Objectives and activities**
## **Section C**
|Summary of the objects of the charity set
out in its governing document|The centre is established for the advancement of
religion and Islamic education.|
|---|---|
|||
|Summary of the main activities
undertaken for the public beneft in relation
to these objects (include within this section
the statutory declaration that trustees have
had regard to the guidance issued by the
Charity Commission on public beneft)|The centre undertakes many activities of which the public beneft from these
include:
. Interfaith dialogues
. Religious education for children
. Praying
. Elders beneft from keeping in touch with the community
. Religious festivals|
|Additional details of objectives and activities (optional information)||
|You**may choose**to include further
statements, where relevant, about:
• policy on grantmaking;
• policy programme related investment;
• contribution made by volunteers.|The charity receives contributions from members regularly
to run the centre.
The majority of members contribute £120 per year and
some contribute extra on top of their annual membership|
|**Section C**
**Objectives and activities**
Summary of the objects of the charity set
out in its governing document
Summary of the main activities
undertaken for the public beneft in relation
to these objects (include within this section
the statutory declaration that trustees have
had regard to the guidance issued by the
Charity Commission on public beneft)
Additional details of objectives and activities (optional information)
The centre is established for the advancement of
religion and Islamic education.
The centre undertakes many activities of which the public beneft from these
include:
. Interfaith dialogues
. Religious education for children
. Praying
. Elders beneft from keeping in touch with the community
. Religious festivals|**Section C**
**Objectives and activities**
Summary of the objects of the charity set
out in its governing document
Summary of the main activities
undertaken for the public beneft in relation
to these objects (include within this section
the statutory declaration that trustees have
had regard to the guidance issued by the
Charity Commission on public beneft)
Additional details of objectives and activities (optional information)
The centre is established for the advancement of
religion and Islamic education.
The centre undertakes many activities of which the public beneft from these
include:
. Interfaith dialogues
. Religious education for children
. Praying
. Elders beneft from keeping in touch with the community
. Religious festivals|**Section C**
**Objectives and activities**
Summary of the objects of the charity set
out in its governing document
Summary of the main activities
undertaken for the public beneft in relation
to these objects (include within this section
the statutory declaration that trustees have
had regard to the guidance issued by the
Charity Commission on public beneft)
Additional details of objectives and activities (optional information)
The centre is established for the advancement of
religion and Islamic education.
The centre undertakes many activities of which the public beneft from these
include:
. Interfaith dialogues
. Religious education for children
. Praying
. Elders beneft from keeping in touch with the community
. Religious festivals|**Section C**
**Objectives and activities**
Summary of the objects of the charity set
out in its governing document
Summary of the main activities
undertaken for the public beneft in relation
to these objects (include within this section
the statutory declaration that trustees have
had regard to the guidance issued by the
Charity Commission on public beneft)
Additional details of objectives and activities (optional information)
The centre is established for the advancement of
religion and Islamic education.
The centre undertakes many activities of which the public beneft from these
include:
. Interfaith dialogues
. Religious education for children
. Praying
. Elders beneft from keeping in touch with the community
. Religious festivals|
|---|---|---|---|
||Summary of the objects of the charity set
out in its governing document
Summary of the main activities
undertaken for the public beneft in relation
to these objects (include within this section
the statutory declaration that trustees have
had regard to the guidance issued by the
Charity Commission on public beneft)
Additional details of objectives and activities (optional information)
The centre is established for the advancement of
religion and Islamic education.
The centre undertakes many activities of which the public beneft from these
include:
. Interfaith dialogues
. Religious education for children
. Praying
. Elders beneft from keeping in touch with the community
. Religious festivals|The centre is established for the advancement of
religion and Islamic education.||
|||||
|||The centre undertakes many activities of which the public beneft from these
include:
. Interfaith dialogues
. Religious education for children
. Praying
. Elders beneft from keeping in touch with the community
. Religious festivals||
|You**may choose**to include further
statements, where relevant, about:
• policy on grantmaking;
• policy programme related investment;
• contribution made by volunteers.|You**may choose**to include further
statements, where relevant, about:
• policy on grantmaking;
• policy programme related investment;
• contribution made by volunteers.|The charity receives contributions from members regularly
to run the centre.
The majority of members contribute £120 per year and
some contribute extra on top of their annual membership||
|**Section D**||**Achievements and performance**||
|Summary of the main achievements of the
charity during the year||The main achievement was providing religious
education for about 50 children over the year. The
classes are held for 3 hours per day for fve days a
week.
To work towards peace and harmony and improve
better relations with other faith groups.||
**March 2012**
**TAR**
3
**----- Start of picture text -----**
Section E Financial review
Brief statement of the There is a particular policy on reserves and there is
charity’s policy on reserves
always about £25000 in reserve in the charities
account.
Details of any funds materially in deficit
None
Further financial review details (optional information)
You may choose to include additional
There has been limited fundraising events throughout
information, where relevant, about:
2020 due to COVID restrictions.
• the charity’s principal sources of funds
(including any fundraising);
• how expenditure has supported the key
objectives of the charity;
• investment policy and objectives including
any ethical investment policy adopted.
Section F Other optional information
The directors of the charity are trustees as named
on the beginning of this document.
Section G Declaration
The trustees declare that they have approved the trustees’ report above
Signed on behalf of the charity’s trustees
Signature(s) J Hussain
Full name(s) JHANGEER HUSSAIN
Position (eg Secretary, Chair, etc) General Secretary
Date 2 8 1 0 2 0D D M M Y Y
**----- End of picture text -----**
**March 2012**
**TAR**
4
**Company Registration No. 0281675 (England and Wales)**
**QUWWATUL ISLAM MOSQUE ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR CHARITY FOR THE YEAR ENDED 31 DECEMBER 2020**
## **QUWWATUL ISLAM MOSQUE ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR CHARITY CONTENTS**
||**Page**|
|---|---|
|Director's report|3|
|Accountants' report|4|
|Income statement|5|
|Statement of financial position|6|
|Notes to the accounts|7|
- 2 -
## **QUWWATUL ISLAM MOSQUE (COMPANY NO: 0281675 ENGLAND AND WALES) DIRECTOR'S REPORT**
The director presents his report and accounts for the year ended 31 December 2020.
## **Principal activity**
Charity for religious institution
## **Directors**
Malik Mahmood Ahmed held office during the whole of the period.
## **Charitable and Political donations**
Trustees:� Shakeel Kiyani� Mohammed Ahsan� Farooq Ahmed� Habib Khan� Adalat Hussain
## **Statement of directors' responsibilities**
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Small company provisions**
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
Malik Mahmood Ahmed Director
Approved by the board on: 22 October 2021
- 3 -
## **QUWWATUL ISLAM MOSQUE ACCOUNTANTS' REPORT**
## **Accountants' report to the director of Quwwatul Islam Mosque on the preparation of the unaudited statutory accounts for the year ended 31 December 2020**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Quwwatul Islam Mosque for the year ended 31 December 2020 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Quwwatul Islam Mosque, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Quwwatul Islam Mosque and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Quwwatul Islam Mosque and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Quwwatul Islam Mosque has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Quwwatul Islam Mosque. You consider that Quwwatul Islam Mosque is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Quwwatul Islam Mosque. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Butt & Co Accountants
7a Dukes Yard Shakespeare Estate Watford Herts WD24 5AL
22 October 2021
- 4 -
**QUWWATUL ISLAM MOSQUE INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020**
|**Turnover**
Cost of sales
**Gross profit**
Administrative expenses
**Operating profit**
**Profit on ordinary activities before taxation**
Tax on profit on ordinary activities
**Profit for the financial year**|**2020**
**£**
98,784
(42,288)
56,496
(16,423)
40,073
40,073
-
40,073|**2019**
**£**
168,203
(59,624)|
|---|---|---|
|||108,579
(14,668)|
|||93,911|
|||93,911
-|
|||93,911|
- 5 -
## **QUWWATUL ISLAM MOSQUE STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2020**
|**Notes**
**Fixed assets**
Tangible assets
4
**Current assets**
Cash at bank and in hand
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
5
**Net assets**
**Capital and reserves**
Profit and loss account
**Shareholders' funds**|**2020**
**£**
974,431
528,296
528,296
1,502,727
3,229
1,505,956
1,505,956
1,505,956|**2019**
**£**
964,429
500,135|
|---|---|---|
|||500,135|
|||1,464,564
1,319|
|||1,465,883|
|||1,465,883|
|||1,465,883|
For the year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board and authorised for issue on 22 October 2021 and were signed on its behalf by
Malik Mahmood Ahmed Director
Company Registration No. 0281675
- 6 -
**QUWWATUL ISLAM MOSQUE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020**
## **1 Statutory information**
Quwwatul Islam Mosque is a private company, limited by shares, registered in England and Wales, registration number 0281675. The registered office is 150 St Albans Hill, Watford, Herts, HP2 9NH, UK.
## **2 Compliance with accounting standards**
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
## **3 Accounting policies**
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
## _**Presentation currency**_
The accounts are presented in £ sterling.
## _**Tangible fixed assets and depreciation**_
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
|**4**
**Tangible fixed assets**
**Cost or valuation**
At 1 January 2020
Additions
At 31 December 2020
**Depreciation**
At 1 January 2020
At 31 December 2020
**Net book value**
At 31 December 2020
At 31 December 2019
**5**
**Creditors: amounts falling due after more than one year**
Trade creditors|**Land &**
**buildings**
**£**
At cost
1,096,286
10,002
1,106,288
131,857
131,857
974,431
964,429|**Plant &**
**machinery**
**£**
At cost
18,590
-
18,590
18,590
18,590
-
-
**2020**
**£**
(3,229)|**Total**
**£**
1,114,876
10,002|
|---|---|---|---|
||||1,124,878|
||||150,447|
||||150,447|
||||974,431|
||||964,429|
||||**2019**
**£**
(1,319)|
## **6 Average number of employees**
During the year the average number of employees was 0 (2019: 0).
- 7 -
**Company Registration No. 0281675 (England and Wales)**
**QUWWATUL ISLAM MOSQUE ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR CHARITY FOR THE YEAR ENDED 31 DECEMBER 2020**
## **QUWWATUL ISLAM MOSQUE ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR CHARITY CONTENTS**
||**Page**|
|---|---|
|Director's report|3|
|Accountants' report|4|
|Income statement|5|
|Statement of financial position|6|
|Notes to the accounts|7|
- 2 -
## **QUWWATUL ISLAM MOSQUE (COMPANY NO: 0281675 ENGLAND AND WALES) DIRECTOR'S REPORT**
The director presents his report and accounts for the year ended 31 December 2020.
## **Principal activity**
Charity for religious institution
## **Directors**
Malik Mahmood Ahmed held office during the whole of the period.
## **Charitable and Political donations**
Trustees:� Shakeel Kiyani� Mohammed Ahsan� Farooq Ahmed� Habib Khan� Adalat Hussain
## **Statement of directors' responsibilities**
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Small company provisions**
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
Malik Mahmood Ahmed Director
Approved by the board on: 22 October 2021
- 3 -
## **QUWWATUL ISLAM MOSQUE ACCOUNTANTS' REPORT**
## **Accountants' report to the director of Quwwatul Islam Mosque on the preparation of the unaudited statutory accounts for the year ended 31 December 2020**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Quwwatul Islam Mosque for the year ended 31 December 2020 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Quwwatul Islam Mosque, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Quwwatul Islam Mosque and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Quwwatul Islam Mosque and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Quwwatul Islam Mosque has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Quwwatul Islam Mosque. You consider that Quwwatul Islam Mosque is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Quwwatul Islam Mosque. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Butt & Co Accountants
7a Dukes Yard Shakespeare Estate Watford Herts WD24 5AL
22 October 2021
- 4 -
**QUWWATUL ISLAM MOSQUE INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020**
|**Turnover**
Cost of sales
**Gross profit**
Administrative expenses
**Operating profit**
**Profit on ordinary activities before taxation**
Tax on profit on ordinary activities
**Profit for the financial year**|**2020**
**£**
98,784
(42,288)
56,496
(16,423)
40,073
40,073
-
40,073|**2019**
**£**
168,203
(59,624)|
|---|---|---|
|||108,579
(14,668)|
|||93,911|
|||93,911
-|
|||93,911|
- 5 -
## **QUWWATUL ISLAM MOSQUE STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2020**
|**Notes**
**Fixed assets**
Tangible assets
4
**Current assets**
Cash at bank and in hand
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after more than one year**
5
**Net assets**
**Capital and reserves**
Profit and loss account
**Shareholders' funds**|**2020**
**£**
974,431
528,296
528,296
1,502,727
3,229
1,505,956
1,505,956
1,505,956|**2019**
**£**
964,429
500,135|
|---|---|---|
|||500,135|
|||1,464,564
1,319|
|||1,465,883|
|||1,465,883|
|||1,465,883|
For the year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board and authorised for issue on 22 October 2021 and were signed on its behalf by
Malik Mahmood Ahmed Director
Company Registration No. 0281675
- 6 -
**QUWWATUL ISLAM MOSQUE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020**
## **1 Statutory information**
Quwwatul Islam Mosque is a private company, limited by shares, registered in England and Wales, registration number 0281675. The registered office is 150 St Albans Hill, Watford, Herts, HP2 9NH, UK.
## **2 Compliance with accounting standards**
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
## **3 Accounting policies**
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
## _**Presentation currency**_
The accounts are presented in £ sterling.
## _**Tangible fixed assets and depreciation**_
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
|**4**
**Tangible fixed assets**
**Cost or valuation**
At 1 January 2020
Additions
At 31 December 2020
**Depreciation**
At 1 January 2020
At 31 December 2020
**Net book value**
At 31 December 2020
At 31 December 2019
**5**
**Creditors: amounts falling due after more than one year**
Trade creditors|**Land &**
**buildings**
**£**
At cost
1,096,286
10,002
1,106,288
131,857
131,857
974,431
964,429|**Plant &**
**machinery**
**£**
At cost
18,590
-
18,590
18,590
18,590
-
-
**2020**
**£**
(3,229)|**Total**
**£**
1,114,876
10,002|
|---|---|---|---|
||||1,124,878|
||||150,447|
||||150,447|
||||974,431|
||||964,429|
||||**2019**
**£**
(1,319)|
## **6 Average number of employees**
During the year the average number of employees was 0 (2019: 0).
- 7 -