BANGLADESH ISLAMIC CENTRE ST ALBANS
Charity Number: 285054
Financial Statements
For the Year Ended 31 December 2020
77 Hatfield Road St Albans, Herts, AL1 4JL
BANGLADESH ISLAMIC CENTRE ST ALBANS
Financial Statements
For the year ended 31 December 2020
| Contents | ||
|---|---|---|
| Page(s) | ||
| 1 | ||
| Title Page | ||
| Contents Page | 2 | |
| Board of Trustees | 3 | |
| Management Committee Summary | 4 | |
| Statement of Financial Activities | 5-7 | |
| Balance Sheet | 8 | |
| Notes to Financial Statements | 9 -10 | |
| Independent Examiner’s report | 11-12 |
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BANGLADESH ISLAMIC CENTRE ST ALBANS
Committee 2020
Mohammed Shirazul Islam Choudhury (President) Muhammad Abdur Rahim (Vice President) Mohammed Mortuza (General Secretary) Mohammed Anam (Assistant Secretary)
Tafajjul Hussain (Treasurer) Faisal Ahmad (Assistant Treasurer)
Fazlul Haque Choudhury Latifur Rahman Choudhury Abdul Ohid Choudhury Emran Choudhury Ali Ashraf Choudhury Nur Uddin Choudhury Bulbul Millat Hossen Chowdhury Abdus Sohid Chowdhury Mosobbir Ahmed Mohammed Intaz Ali Md Aminul Islam Mohammed Khala Miah Babul Islam Mohammed Abdul Latif Shahed
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BANGLADESH ISLAMIC CENTRE ST ALBANS
Management Committee Summary
This is the second report since the appointment of this Board of trustees elected by the members of the Centre on 22[nd] September 2019. This report contains the Centre’s financial activities starting from 1[st] January 2020 to 31[st] December 2020. This was prepared for submission to the Charity Commission.
We are sure for the first two months of the year we were able to inform all our members our financial position as the Board has endeavoured to keep you informed regularly via the Centre’s notice board.
In line with our constitution requirements, we always endeavour to deposit collections of your kind and generous donations into the Centre’s bank account in a timely manner, as well as making all payments via the bank account, acquiring receipts, including the Imams wages; sometimes we cannot do so for those small petty cash expenses.
All those activities such as daily prayers, Friday Juma prayers and weekend Arabic Classes has been carried out as normal.
On 20[th] March 2020 the Board of trustees were forced to make a decision on the suggestion of the medical experts, local government and Ulamas to shut down all activities in the Centre in the best interest of the community’s health and safety issue due to the virus of COVID-19. National lock down was declared by the government from 23[rd] March 2020.
During the national lock down a group of people continue to work against the elected committee to create any issues to take over the control of the Centre. One member of the community was influence by the group to repeatedly cutting the lock or putting his own lock to the gate making sure elected trustees cannot get access to the Centre on an emergency.
On 4[th] June 2020 that individual member planned his regular putting his lock to the gate when some of the trustees attended the site he made complaint to the police that he has been assaulted by some of the trustees. On that issue two custodian trustees and their supporters had broken into the Centre on 1[st] July 2020 and since then they kept elected trustees out of any activities in the Centre.
On 4[th] August 2020 Mr Lokman Hakim had resigned from the post of the treasurer and the Board and he did not hand over any documents to the newly elected treasurer Mr Tafajjul Hussain, therefore we are unable to produce proper accounts.
We have prepared estimated accounts from the details of the charity’s bank statement with the hope recovering all documents from the outgoing officials and adjust the accounts accordingly.
Despite the recommendation given by the Charity Commission on 18[th] August 2020 and on 4[th] March 2021 to hand over to the elected Board of trustees, the matter is with our legal team for court proceeding.
JAZAKALLHU KHAIRAN FOR YOUR DONATIONS AND SUPPORT.
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BANGLADESH ISLAMIC CENTRE ST ALBANS
Receipts and Payments Accounts
For the year ended 31[st] December 2020
Notes to financial statements
1. Accounting policies
- (a) Basis of preparation
The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2005) issued in 2005 and applicable UK Accounting Standards and the Charities Act 1993.
- (b) Funds structure
Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the terms of a specific appeal at any time and under the terms for public collection of Zakat in accordance with the teachings of Islam.
- (c) Incoming resources
All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of donations at Friday prayers and grants, and is included in full in the statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Incoming resources from grants, where there are performances or services deliverables required by the terms of the grant, are accounted for as the charity earns the right to payment through its performance. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided are in the nature of professional services where a fee would otherwise be charged, in which the donated service is valued at their chargeable rate. Investment income is included when receivable. Incoming resources from charitable trading activity is accounted for when earned.
- (d) Resources expended
Liabilities are recognized as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for an accruals basis and has been classified under headings that aggregate all costs related to the category.
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BANGLADESH ISLAMIC CENTRE ST ALBANS
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(e) Irrecoverable VAT
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Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
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(f) Allocation of overhead and support costs
Supports costs include administrative cost for charitable activities.
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(g) Charitable activities
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Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both the direct pay and non-pay costs and support costs relating to those activities.
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(h) Tangible fixed assets and depreciation
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All assets costing more than £500 are capitalised and at historic cost. Fixed assets are stated at cost less accumulated depreciation. The freehold property is valued at historic cost and it is not depreciated.
2. Related party transactions and trustees’ remuneration
The trustees received nil remuneration during the year.
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BANGLADESH ISLAMIC CENTRE ST ALBANS
Receipts and Payments Accounts Receipts and payments At the year ended 31[st] December 2020
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| A1 Receipts | |||||
| Collections | 1 | 10,937 | 66,198 | ||
| Donation Received | 2 | 2,990 | 2,565 | ||
| Special Collections | |||||
| Grant Received | 4 | 13,200 | |||
| Rental Income | 3 | 10,100 | 10,100 | ||
| 37,227 | 78,863 | ||||
| A2 Assets and Investment Sales | |||||
| Scanner sale | 6 | 1,290 | |||
| A3 Payments | |||||
| Wages and Salaries | 17,100 | 30,192 | |||
| HM Revenue & Customs | 2,949 | 3,625 | |||
| Light and Heat | 4,305 | 5,735 | |||
| Water Rates | 1,622 | 2,162 | |||
| Telephone | 412 | 361 | |||
| Insurance | 1,164 | ||||
| Cleaning & Maintenance | 2,182 | 2,907 | |||
| Hadia for Imams & Temp Imams | 4,703 | ||||
| Council Tax | 1,691 | ||||
| Sound Electric for new CCTV | 0 | ||||
| Motor Expenses | 231 | 0 | |||
| Legal Fees | 11,170 | 0 | |||
| New Mortuary Building Work | 0 | ||||
| Resurfacing complete car park | 0 | ||||
| Professional fees | 1,000 | ||||
| Repair and maintenance | |||||
| Special Donation | |||||
| Printing & Stationery | 0 | ||||
| Miscellaneous | 7,170 | 11,620 | |||
| Staff Welfare | |||||
| (47,141) | (65,160) | ||||
| Net of receipts/(payments) for the year | (9,914) | 14,993 | |||
| Repayment of Karz-e-Hasna | 5 | ||||
| A6 Cash funds last year-end | 62,924 | 47,931 | |||
| 53,010 | 62,924 |
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BANGLADESH ISLAMIC CENTRE ST ALBANS
Receipts and Payments Accounts Statement of Assets and Liabilities At the year ended 31[st] December 2020
----- Start of picture text -----
Note 2020 2019
£ £ £ £
Unrestricted funds
B1 Cash funds
Cash at bank and in hand 53,010 62,924
B4 Assets retained for the Charity's own use
Freehold property 331,890 331,890
B5 Liabilities
Karz-e-Hasana
----- End of picture text -----
I mportant note in relation to these accounts
The previous trustees of the Bangladesh Islamic Centre St Albans have failed to provide the current trustees preparing these financial statements with any financial information relating to the period 1 January 2009 to 28 May 2009. As a result, the no transactions have been considered for the period 1 January 2009 to 28 May 2009 and the accounts, as a result, may not be fully reflective of all the financial information of the Bangladesh Islamic Centre St Albans.
These financial statements may need to be restated once the financial information for the period 1 January 2009 to 28 May 2009 becomes available.
Approved by the trustees on date and signed on their behalf by:
…………………………........................ ………………………. Mohammed Shirazul Islam Choudhury Mohammed Mortuza (President) (General Secretary)
The notes on pages 9 to 10 form part of these accounts
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BANGLADESH ISLAMIC CENTRE ST ALBANS
Receipts and Payments Accounts Notes to the receipts and payments Accounts For the year ended 31[st] December 2020
| 2020 | 2018 |
|---|---|
| £ | £ |
| 1) Collections Friday Collections Door to door collections Lailatul Qadar Collections Eidul Fitr Collections Eidul Adha Collection Other donations 2) Donations Standing order donations Other donation Cold room donations 3) Rental Rental income Rent Deposit Expenses: Letting Agent Fees 4) Government Grant HMRC Grant |
10937 10,937 1399 1,591 2,990 10,100 10,100 10,100 13,200 13,200 |
66,198 |
|---|---|---|
| 66,198 | ||
| 2,565 0 |
||
| 2,565 | ||
| 10,100 | ||
| 10,100 | ||
| 10,100 | ||
| 0 | ||
| 0 |
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BANGLADESH ISLAMIC CENTRE ST ALBANS
Receipts and Payments Accounts Notes to the receipts and payments Accounts For the year ended 31[st] December 2020
----- Start of picture text -----
2020 2019
Receipts Payments Total Receipts Payments Total
£ £ £ £ £ £
4) Special Collections
Hadia for Hafiz 0
Funeral fund donation 0
Tahir Ali's nephew 0
Shajahan Alam 0 0
R Choudhury 0 0
Solim Ullah 0 0
Tofajjal Hussain 0 0
Election 0 0 0
Donation for Rohingya 0 0 0 0 0 0
Other Individual Donations 0 0 0 0
Darul Qirat Class Donations 0 0 0 0
Arabic classes donations 0
Marriage registration Donation 0
0 0 0 0 0 0
5) Karz-e-Hasna 2020 2019
£ £
Opening balance 0 0
Receipts
Payments - -
0 0
6) Scanner sale 2020 2019
£ £
Scanner sale income 0
Expenses -
- 0
----- End of picture text -----
The balance as at 31 December 2020 is based on movements during 2014 and on enquiries of the known donors. The balance may have to be adjusted in the future should new donors come forward with proven claim, or if further donors come forward to inform that their claim has been satisfied.
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BANGLADESH ISLAMIC CENTRE ST ALBANS
Independent Examiner’s Report to trustees/members of Bangladeshi Islamic Centre St Albans
I report on the financial statements of Bangladesh Islamic Centre St Albans for the year period ended 31 December 2020 as set out on pages 7
I draw your attention to the note on page 7 and confirm that I was not able to verify the opening balances as of 1 January 2011; nor was I able to consider the entirety of the transactions during the full period of this report. In this regard I disclaim an opinion.
In all other regards, this report is made solely to the charity’s trustees, as a body, in accordance with the section 43, Charities Act 1993 (as amended). My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s members as a body, for my work, for this report, or for the opinions I have formed.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of financial statements. The charity’s trustees consider that an audit is not required for the year under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.
It is my responsibility to:
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examine the financial statements (under section 43(3)(a) of the 1993 Act);
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to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the 1993 Act); and
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to state where particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination my scope was limited for the period 1 January 2009 to 28 May 2009. As a result:
(a) full accounting records in accordance with section 41 of the Act; and the need to prepare financial statements which accord with the accounting records and to comply with the accounting requirements of the 1993 Act; may not been met; and
b) in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
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BANGLADESH ISLAMIC CENTRE ST ALBANS
Because of the possible effect of the limitation in evidence available to us, I am unable to form an opinion as to whether the financial statements give a true and fair view of the Charity’s affairs as at 31 December 2020 or its statement of financial activities for the year then ended. In all other respects, in my opinion, the financial statements have been properly prepared in accordance with the provisions of the Charities Act 1993.
Independent Examiner’s Name: Dr M S I Choudhury, PhD, FCA
Relevant professional qualification or body: ICAEW
Address: Windsor House 9-15 Adelaide Street Luton LU1 5BJ
Date: 19 Oct 2021
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