2022-12-31-accounts - Croydon Mosque And Islamic Centre

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			Page
Trustees' annual report
Independent auditor's report to	the members
Statement offinancial activities
Statement oftinancial position			10
Statement ofcash flows
Notes to the financial statements
The following pages do not form part of		the financial statements
Detailed statement offinancial activities
Notes to the detailed statement	offinancial	activities

Reference and administrative details	Reference and administrative details	Reference and administrative details
Principal office		525 London Road
		Thornton Heath
		Surrey
		CR7 6AR
The trustees		Mr Nazir Ahmed Haji
		Mr Afzal Hussen Amirali	Ali
		Mr Asghar Ali
		Mr Muhammad Saqib Khan
		Mr Waqas Khan
		Mohammed Jamil Okhai
		Mr Mohammad Rafiq Razzak
		Mr Haroon Karim Okhai
		Mr Shuaib Yusaf (resigned		31stDecember 2022)
		Mr Nowsad A Gani (resigned 31st				December	2022)
Management	Committee
		Afzal Hussen Amirali Aii —Chairman
		Nazir Haji —General Secretary
		Mohammed Saqib Khan —Finance				Secretary
		Waqas Khan —Madrassah		Secretary
		Mohammed Jamil Karim Okhai —Construction					8 Maintenance	Secretary
		Obaidullah Khalid —Community			Welfare Secretary
		Haroon Okhai —Funeral Secretary
		M Rafiq Razzak - Fund Raising			Secretary
		Nadir Abdullah Khan Mothojakan			—Mainstream		Education Secretary
Auditor		Saleemi Associates
		Chartered accountants 8	statutory			auditor
		792Wickham Road
		Croydon CRO 8EA
Bankers		Barclays Bank PLC
		1 North End
		Croydon
		Surrey CR9 1SX
		National Westminster Bank		Pic
		1393London Road
		London
		SW164XF
Legal Advisors		Lee Bolton Monier-Williams		LLP
		1 The Sanctuary
		London
		SW1P3JT

Year ended 31	Dec	ember	2022
				2022			2021
			Unrestricted	Restricted	Endowment
			funds	funds	funds	Total funds	Total funds
		Note
Income and endowments
l3onations and legacies		4	326,174	69,006		395,180	395,473
Charitable activities		5	18,084			18,084	14,682
Other trading activities		6	8,344	4,000		12,344	13,227
Investment income		7	85,900			85,900	87,600
Total income			438,502	73,006		511,508	510,982
Expenditure
Expenditure on raising funds:
Costs ofraising
donations and
legacies Costs ofother		8					14,635
trading activities		9	11,396			11,396	2,479
Expenditure on
charitable activities		10,11	330,524	40,696	27,188	398,409	372,562
Total expenditure			341,920	40,696	27,188	409,805	389,676
Net income and net
movement in funds			96,582	32,310	(27,188)	101,703	121,306
Reconciliation offunds
Total funds brought	forward		226,317	332,684	4,707,625	5,266,626	5,145,319
Total funds carried	forward		322,899	364,994	4,680,437	5,368,330	5,266,625

						2021
			Mote
Fixed assets
Tangible fixed assets investments					2,765,471 2,165,000	2,801,390 2,165,000
					4,930,471	4,966,399
Current assets
Stocks Debtors Cash at bank and	in hand		18 19	21,439 54,065 403,215		24,007 29,537 508,470
				478,719		662,014
Creditors: amounts		falling due within one year	20	40,861		77,050
Net current assets					43?,858	484,964
Total assets less	current liabilities				5,368,329	5,451,363
Creditors: amounts		falling due after more than
one year			21			184,738
Net assets					5,368,329	5,266,625
Funds ofthe charity
Endowment funds Restricted funds Unrestricted funds					4,680,437 364,994 322899	4,673,951 275,247 31742?
Total charity funds					5,368,330	5,266,625

Year ended 31 Decem	ber 2022
			2022	2021
				F
Cash flows from operating	activities
Net income			101,703	121,306
Adjustments for:
Depreciation oftangible fixed assets			35,928	32,177
Government grant income Dividends, interest and rents Accrued expenses/(income)	from investments		(85,900) 15,063	(75,256) (87,600) (13,060)
Changesin:
Stocks Trade and other debtors Trade and other creditors			2,568 (24,528) (26,105)	(3,784) (3,211) 1,446
Cash generated from operations			18,729	(27,982)
Net cash from/(used in) operating activities			18,729	(27,982)
Cash flows from investing	activities
Dividends, interest and rents Purchase oftangible assets	from investments		85,900	87,600 (1,874)
Net cash from investing activities			85,900	85,726
Cash flows from financing	activities
Proceeds from borrowings Government grant income			(209,885)	(103,056) 75,256
Net cash used in financing activities			(209,885)	(27,800)
Net (decrease)/increase in Cash and cash equivalents	cash and cash at beginning	equivalents ofyear	(105,256) 508,470	29,944 478,526
Cash and cash equivalents	at end ofyear		403,214	508,470

Depreciation	Depreciation	Depreciation
Depreciation is calcuiated so as to write off the cost or valuation value, over the useful economic life ofthat asset as follows:			of an asset, less its residual
Freehold property	1%reducing	balance
Fixtures and fittings	10%reducing	balance
Motor vehicles	25% reducing	balance
Equipment	10%reducing	balance
Computer equipment	33%reducing	balance

Donations and legacie
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
Donations
Funeral income and donations Donation - Construction fund General donations Madrassa Collections Donated audit fee	236,978 86,196 3,000	10,750 58,256	10,750 58,256 236,978 86,196 3,000
Grants
Government grant income
	326,174	69,006	395,180

4.	Donations	and legacie	s (continued)
					Unrestricted	Restricted	Total Funds
					Funds	Funds f	2021 F
	Donations
	Funeral income and donations Donation - Construction fund General donations Madrassa Collections Donated audit fee				172,282 66,430 3,000	52,090 26,415	52,090 26,415 172,282 66,430 3,000
	Grants
	Government grant income				75,256		75,256
					316,968	78,505	395,473
5.	Charitable	activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
						F
	Tax recovered under Gift Aid			18,084	18,084	14,682	14,682
6.	Other trading activities
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2022
	Community Book shop	events income			8,344	4,000	4,000 8,344
					8,344	4,000	12,344
					Unrestricted	Restdcted	Total Funds
					Funds	Funds	2021
					F	F
	Community Book shop	events income			3,977	9,250	9,250 3,977
					3,977	9,250	13,227
7.	Investment	income
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
	Income from investment		properties	85,900	85,900	87,600	87,600

Ye	ar ended 31 December	ar ended 31 December	ar ended 31 December	ar ended 31 December	2022	2022
8.	Costs ofraising donations				and legacies
						Restricted	Total Funds	Restricted	Total Funds
						Funds f	2022 f	Funds f	2021
	Costs ofgenerating		income					14,635	14,635
9.	Costs ofother trading			activities
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2022 f	Funds	2021
	Costs ofother trading			activities - Shop
	costs					11,396	11,396	2,479	2,479
10.	Expenditure	on charitable			activities by fund type
						Unrestricted	Restricted	Endowment	Total Funds
						Funds	Funds f	Funds f	2022 f
	Support costs					330,524	40,696	27,188	398,409
						Unrestricted	Restricted	Endowment	Total Funds
						Funds	Funds f	Funds f	2021 f
	Support costs					329,638	9,250	33,674	372,562
11.	Expenditure	on charitable			activities by activity type
							Support	Total funds	Total fund
							costs f	2022 f	2021 f
	Expenditure Governance	or charitable activities costs					380,508 17,901	380,508 17,901	358,381 14,181
							398,409	398,409	372,562
12.	Net income
	Net income is stated after charging/(crediting):
								2022 f	2021
	Depreciation	oftangible		fixed	assets			35,928	32,177
13.	Auditors remuneration
	Fees payable	for the audit of			the financial	statements		2022 3,000	2021 f 3,000

eS tO the FinanCial Statemen r ended 31 December 2022 Staffcosts	tS &oontinued)
The total staff costs and employee	benefits for the	reporting	period are analysed as	follows:
			2022	2021
			F
Wages and saiaries Social security costs			203,273 14,546	242,246 3,189
			217,819	245,435
Administration functions are carried	out by unpaid	volunteers.

Tangible fixed as	sets
					User
	Land and	Fixtures	Motor		defined
	buildings	and fittings	vehicles	Equipment	asset	Total
					F
Cost
At 1Jan 2022
and 31 Dec2022	2,793,273	175,611	17,774	122,778	20,685	3,130,121
Depreciation
At 1 Jan 2022 Charge for the	74,437	131,992	15,703	86,033	20,557	328,722
year	27,188	4,362	639	3,675	64	35,928
At 31 Dec 2022	101,625	136,354	16,342	89,708	20,621	364,650
Carrying amount
At 31Dec2022	2,691,648	39,257	1,432	33,070	64	2,765,471
At 31 Dec2021	2,718,836	43,619	2,071	36,745	128	2,801,399

	Investment
	propertiesf
Cost or valuation
At 1January 2022 and 31 December 2022	2,165,000
Impairment
At 1 January 2022 and 31 December 2022
Carrying amount
At 31 December 2022	2,165,000
At 31 December 2021	2,165,000

18.	Stocks
				2022 f	2021
	Islamic Books and consumables			21,439	24,007
19.	Debtors
				2022 f	2021
	Sundry debtors Prepayments Sundry debtors - rent			2,200 6,281 27,500	1,600 13,463
	Gift Aid			18,084	14,474
					29,537
20.	Creditors: amounts		falling due within one year
				2022 f	2021 f
	Qard e Hasna Shariah Compliant Trade creditors	loan		17,000 674	17,000 25,147
	Accruals and deferred income Outstanding Zakat and fitra distribution Wages			26,552 (4,140) 775	8,589 8,083 18,231
				40,861	77,050

						2022	2021
	Income in Advance					2,900
23.	Government	grants
	The amounts	recognised	in the financial statements		for government	grants are as follows:
						2022	2021
	Recognised	in income from donations		and legacies:
	Government	grants income					75,256

Unrestri	cted funds
			At				At
		1	January 20				31Decembe
			22	Income	Expenditure	Transfers	r2022
General	funds		226,317	438,502	(341,920)		322,899
			At				At
		1	January 20				31 December
			21	Income	Expenditure	Transfers	2021
General	funds		340,554	423,227	(332,117)	(114,237)	317,427

Rest	ricted		funds
					At				At
				1 January	20				31 Oecembe
					22	Income	Expenditure	Transfers	r2022
									F
Restricted			Fund	332,684		73,006	(40,696)		364,994
					At				At
				1 January	20				31 December
				F	21	Income F	Expenditure f	Transfers	2021
Restricted		Fund		211,377		87,755	(23,885)		275,247
Endowment			funds
					At				At
				1 January	20				31 Oecembe
					22	Income	Experiditure	Transfers	r2022
									F
Permanent			Endowment
Fund	1 -desc in a/cs			4,707,625			(27,188)		4,680,437
					At				At
				1 January	20				31 December
					21	Income	Expenditure	Transfers	2021
							F
Permanent			Endowment
Fund	1 -desc in a/cs			4,593,388			(33,674)	114,237	4,673,951

		Unrestricted	Restricted	Endowment	Total Funds
		Funds	Funds	Funds	2022
		F	F
Tangible fixed assets Current assets Creditors less than 1 Creditors greater than	year 1 year	73,823 305,945 (41,427)	172,774 4,140	4,856,648	4,930,471 478,719 (37,287)
Net assets		338,341	176,914	4,856,648	5,371,903
		Unrestricted	Restricted	Endowment	Total Funds
		Funds	Funds	Funds	2021 f
Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year		82,563 278,684 (43,820)	283,330 (8,083)	4,883,836 (25,147) (184,738)	4,966,399 562,014 (77,050) (184,738)
Net assets		317,427	275,247	4,673,951	5,266,625

Anal	ysis ofchang
		At		At
		1 Jan 2022 f	Cash flows	31 Dec2022
Cash Debt Debt	at bank and in hand due within one year due after one year	508,470 (42,147) (184,738)	(105,255) 25,147 184,738	403,215 (17,000)
		281,585	104,630	386,215

Yea'r ended 31 Dec	ember 2022
		2022	2021
			F
Income and endowments
Donations and legacies
Funeral income and donations		10,750	52,090
Donation - Construction	fund	58,256	26,415
General donations		236,978	172,282
Madrassa Collections Donated audit fee		86,196 3,000	66,430 3,000
Government grant income			75,256
		395,180	395,473
Charitable activities
Tax recovered under Gift Aid		18,084	14,682
Other trading activities
Community events Book shop income		4,000 8,344	9,250 3,977
		12,344	13,227
Investment income
Income from investment	properties	85,900	87,600
Total income		511,508	510,982

Year ended 3	1 De	cem	ber 2022
					2021
Expenditure
Costs ofraising	donations		and legacies
Motor vehicle expenses					14,635
Costs ofother trading		activities
Opening stock Purchases				24,007 8,828	20,223 6,263
Closing stock				21,439	24,007
				11,396	2,479
Expenditure on charitable			activities
Purchases				20,189
Wages and salaries				203,273	242,246
Employer's NIC Rates and water				14,546 96	3,189 2,908
Light and heat				24,342	16,242
Repairs and maintenance				17,680	14,243
Insurance				12,398	10,147
Funeral expenses				1,489
Vehicle leasing/hire				2,164	2,324
Other motor/travel costs Legal and professional fees				344 14,612	1,114 18,196
Telephone Stationery and computer expenses				3,150 1,494	1,244 3,354
Depreciation Bank Charges Shariah Compliant	loan	—rent payable		35,928 25,798 18,694	32,177 9,250 15,928
Book-keeping charges				2,212
				398,409	372,562
Total expenditure				409,805	389,676
Net income				101,703	121,306

Notes to the Detailed Statement of Year ended 31 December 2022	Fina	ncial Activities
			2022	2021
Costs ofraising donations and legacies Costs ofgenerating income
Donations - motor vehicle expenses				14,635
Costs ofraising donations and legacies				14,635
Costs ofother trading activities
Costs ofother trading activities -Shop costs
Book shop costs - opening stock Book shop costs - purchases Book shop costs - closing stock			24,007 8,828 (21,439)	20,223 6,263 (24,007)
			11,396	2,479
Costs ofother trading activities			11,396	2,479
Expenditure on charitable activities
Activity type 1
Support costs
Support charitable activity 1 -purchases			20,189
Support charitable activity 1 -wages/salaries			203,273	242,246
Support charitable activity 1 Support charitable activity 1 Support charitable activity 1 -employer's NIC -rates 8 water - iight 8 heat			14,546 96 24,342	3,189 2,908 16,242
Support charitable activity 1 - repairs 8 maintenance			17,680	14,243
Support charitable activity 1 - insurance			12,398	10,147
Support charitable activity 1 - Funeral cost			1,489
Support charitable activity 1 Support charitable activity 1 -Sundry - other motor/travel	costs		2,164 344	2,324 1,114
Support charitable activity 1 - legal and professional		fees	11,609	15,196
Support charitable activity 1 Support charitable activity 1 Support charitable activity 1 -telephone -Stationary and computer expenses -depreciation			3,150 1,494 35,928	1,244 3,354 32,177
Support charitable activity 1 -Social and Community		events	25,798	9,250
Support charitable activity 1 Support charitable activity 1 - Bank Charges - Book-keeping			3,796 2212	4,747
			380,508	358,381
Governance costs
Governance costs - donated audit fees Shariah Compliant Loan - rent payable			3,003 14,898	3,000 11,181
			17,901	14,181
Expenditure on charitable activities			398,409	372,562