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|Trustees||S Hoque||||
|---|---|---|---|---|---|
|||M Ali||(Appointed|6 November 2022)|
|||A Jalil||||
|Charity|number|286961||||
|Auditor||AGP Consulting||||
|||Q West||||
|||Great West|Road|||
|||Brentford||||
|||TW8 OGP||||
|Bankers||Barclays Bank UK Pic||||
|||1 Churchill|Place|||
|||London||||
|||E145HP||||
|||Lloyds Bank Pic||||
|||25 Gresham|Street|||
|||London||||
|||EC2V 7HN||||
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||||Page|
|---|---|---|---|
|Trustees'|report||1-4|
|Statement|oftrustees'|responsibilities||
|Independent
auditor's||report||
|Statement|offinancial|activities||
|Statement|offinancial|position||
|Statement|of cash flows||10|
|Notes to the financial||statements|11 - 20|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2023|2022|
|||Notes|F|f|
|Income and endowments|from:||||
|Donations
and legacies|||345,435|285,200|
|Charitable
activities|||430,935|379,443|
|Investments|||34,269|33,600|
|Other income|||8,600|198,837|
|Total income|||819,239|897,080|
|Charitable
activities|||631,505|615,962|
|Net income and movement|in funds||187,734|281,118|
|Reconciliation
offunds:|||||
|Fund balances at 1 April 2022|||4,309,380|4028 262|
|Fund balances at 31 March 2023|||4,497,114|4,309,380|
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|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Notes|||6||
|Fixed assets||||||||
|Tangible assets|||13||6,967,690||6,979,383|
|Current assets||||||||
|Cash at bank and in|hand|||430,780||364,453||
|Creditors: amounts
one year|falling|due within||20,156||13,156||
|Net current assets|||||410,624||351,297|
|Total assets less current||liabilities|||7,378,314||7,330,680|
|Creditors: amounts
more than one year|falling due after||15||(2,881,200)||(3,021,300)|
|Net assets|||||4,497,114||4309380|
|The funds ofthe Charity
Unrestricted
funds|||||4,497,114||4,309,380|
||||||4,497,114||4,309,380|
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|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Notes|f||6||
|Cash flows from operating
activities
Cash generated
from operations|||18||74,055||606,183|
|Investing
Purchase
Investment|activities
oftangible
fixed assets
income received|||(41,997)
34,269||(366,789)
33,600||
|Net cash|used in investing|activities|||(7,728)||(333,189)|
|Net cash|used in financing|activities||||||
|Net increase
in cash and cash equivalents|||||66,327||272,994|
|Cash and|cash equivalents|at beginning|ofyear||364,453||91,459|
|Cash and|cash equivalents|at end of|year||430,780||364,453|
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||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2023f|2022
6|
||Donations|and gifts|||345,015|282,990|
||Membership||fees||420|2,210|
||||||345,435|285,200|
||Donations||and gifts||||
||General donations||||344,779|264,638|
||Gift aid||||236|18,352|
||||||345,015|282,990|
|4|Income from charitable|||activities|||
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2023f|2022|
||London Islamic School||||||
||School fees||||430,935|379,443|
|5|Income from investments||||||
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2023|2022|
||||||f||
||Rent receivable||||33,600|33,600|
||Interest receivable||||669||
||||||34,269|33,600|
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|Other incom|e|||||
|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||2023|2022f|
|Other income|||||99,302|
|Coronavirus|Job Retention||Scheme|8,600|68,780|
|Local Council|Pandemic|Grant|||30,755|
|||||8,600|198,837|
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|Charitable
activities||||||||
|---|---|---|---|---|---|---|---|
||London
Islamic
School|Running
of
the Mosque|Total
2023|London
Islamic
School|Running
of
the Mosque||Total
2022|
||2023
f.|2023
f||2022
f||2022||
|Staff costs|357,908|42,768|400,676|397,452||39,090|436,542|
|Depreciation
and
impairment
Rates
Light and heat|11,569
7,715|53,690
1,571
21,423|53,690
13,140
29,138|7,317
2,464||14,881
1,626
20,646|14,881
8,943
23,110|
|Repairs and
maintenance
CCTV and security
Cleaning
Telephone
Books and stationery|129
1,302
4,761
3,148
20,399|15,715|129
1,302
20,476
3,148
20,399|1,237
2,495
4,491
3,246
12,491||10,524|11,761
2,495
4,491
3,246
12,491|
|Classroom
teaching
resources
Exam fee
Intelligence
service
Events and outings|10,011
10,952||10,011
10,952|1,514
5,302
4,794
8,521|||1,514
5,302
4,794
8,521|
|Summer
&winter break
coaching
Catering
Computer accessories
Subscriptions|1,952
4,152
3,919||1,952
4,152
3,919|18,565
8,280
5,832|||18,565
8,280
5,832|
||437,917|135,167|573,084|484,001||86,767|570,768|
|Share ofsupport costs
(see note 8)|11,879|36,492|48,371|14,285||18,154|32,439|
|Share ofgovernance
costs (see note 8)|6,250|3,800|10,050|2,715||10,040|12,755|
||456,046|175,459|631,505|501,001||114,961|615,962|
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|Support costs allocated to activities|||
|---|---|---|
||2023|2022|
|Postage,
Printing
& Stationery
Insurance|11,356
10,330|12,257
9,473|
|Events||430|
|Advertising
and PR
Bank Charges
Card Charges
Other Expenses
Governance
costs|2,476
3,370
20,839
10,050|525
1,511
3,070
5,173
12,755|
||58,421|45,194|
|Analysed
between:
London
Islamic School|18,129|17,000|
|Running
ofthe Mosque|40,292|28,194|
||58,421|45,194|
||2023|2022|
|Governance
costs comprise:|f.||
|Audit fees|5,000|5,000|
|Accountancy
Legal and professional|5,050|5,800
1,955|
||10,050|12,755|
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|2023|2022|
|---|---|
|Number|Number|
|29|34|
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|10|Employees|||(Continued)|
|---|---|---|---|---|
||Employment|costs|2023
f|2022f|
||Wages and salaries||380,423|425,427|
||Social security|costs|11,831|7,977|
||Other pension|costs|8,422|3,138|
||||400,676|436,542|
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|Tangible fix|ed asset|s||||
|---|---|---|---|---|---|
||||Freehold
land|Fixtures and|Total|
||||and buildings|fittings||
||||f|||
|Cost||||||
|At 1 April 2022|||6,814,980|230,425|7,045,405|
|Additions|||3,975|38,022|41,997|
|At 31 March|2023||6,818,955|268,447|7,087,402|
|Depreciation|and impairment|||||
|At 1 April 2022||||66,022|66,022|
|Depreciation|charged|in the year||53,690|53,690|
|At 31 March|2023|||119,712|119,712|
|Carrying
amount||||||
|At 31 March|2023||6,818,955|148,735|6,967,690|
|At 31 March|2022||6,814,980|164,403|6,979,383|
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|18|Cash generated
from|operations||||2023
F|2022f|
|---|---|---|---|---|---|---|---|
||Surplus for the year|||||187,734|281,118|
||Adjustments
for:|||||||
||Investment
income recognised
in statement|||offinancial|activities|(34,269)|(33,600)|
||Depreciation
and impairment
oftangible||fixed assets|||53,690|14,881|
||Movements
in working|capital:||||||
||(Increase)/decrease
in|debtors|||||12,573|
||(Decrease)/increase
in|creditors||||(133,100)|331,211|
||Cash generated
from|operations||||74,055|606,183|
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