## ## |Trustees|Hilmi Sahin||| |---|---|---|---| ||Osman Kocak||| ||Musa Kara bay||| ||Mr Halil Dalkir||| ||Mr Ismail Sik||| |Charity number|287349||| |Principal address|212-216 Kingsland||Road| ||London||| ||UK||| ||E2 8AX||| |Auditor|Munir Tatar &Associates||| ||32 Willoughby|Road|| ||London||| ||N8 OJG||| |Bankers|Bardays Bank|PLC|| ||128 Moorgate||| ||London||| ||EC2M 6SX||| |Solicitors|R.W.Anderson|8|Co| ||18Great Podland||Street| ||London||| ||W1W 8QR||| ## ## |||Page| |---|---|---| |Trustees'
report||1-3| |Statement
oftrustees'|responsibilities|| |Independent
auditor's|report|5-7| |Statement offinancial|activities|| |Balance sheet||| |Statement
ofcash flows||10| |Notes to the financial|statements|11 - 23| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Unresbicted|Unrestricted| |---|---|---|---|---|---|---|---| |||||||funds|funds| |Income and|endowments|||from|Notes|2021
f|2020| |Donations
and legacies
Other trading
activities
Investments|||||3
4|243,314
22,791|546,936
18,017| |Other income|||||5|45,904|61,354| ||||||6|2,811|2,478| |Total income|||||||| |||||||314,820|628,785| |~E*
dtt|||||||| |Raising funds|||||||| |||||||251|19,398| |Charitable
activities|||||||| ||||||8|292,470|425,102| |Other|||||||| ||||||14|11,161|7,905| |Totalresources||expended||||303,882|452,405| |Net incoming|resources|||||10,938|176,380| |Other recognised
gains and losses|||||||| |Revaluation
of|tangible||fixed|assets|16||39,495,433| |Net movement||in funds|||||| |||||||10,938|39,671,813| |Fund balances||at 1 April|2020||||| |As originally
reported
Prior year adjustment
As restated||||||37,385,485
4,113,059|5,939,789| |||||||41,498,544|5,939,789| |Fund balances||at 31 March||2021||45,622,541|45,611,602| ## ## ## ||||2021|2020| |---|---|---|---|---| |||Notes|F|6| |Fixed assets
Tangible assets||17|45,715,833|45,716,926| |Current assets
Debtors
Cash at bank and in hand||18|104,260
164,815|125,941
115,662| ||||269,075|241,603| |Creditors: amounts
one year|falling due within|20|(91,345)|(106,808)| |Net current assets|||177,730|134,795| |Total assets less current liabilities|||45,893,563|45,851,721| |Creditors: amounts
more than one year|falling due after|21|(271,022)|(240,119)| |Net assets|||45,622,541|45,611,602| |Income funds||||| |~Il
t
i t
d ~ d
General unrestricted
Revaluation
reserve|funds||45,622,541|6,116,169
39,495,433| ||||45,622,541|45,611,602| ||||45 622 541|45,611,602| ## ## ||||||Notes|2021
f||2020
5|| |---|---|---|---|---|---|---|---|---|---| |Cash flows from operating
activities|||||||||| |Cash (absorbed
by)/generated||from|||24||||| |operations|||||||(4,966)||103,730| |Investing
activities|||||||||| |Purchase oftangible
fixed assets
Investment
income received||||||(22,690)
45,904||(53,200)
61,354|| |Net cash generated
from
activities|investing||||||||| ||||||||23,214||8,154| |Financing
activities|||||||||| |Repayment
of borrowings
Repayment
of bank loans||||||30,903||(2,970)
(49,517)|| |Net cash generated
from/(used
financing
activities||in)|||||30,903||(52,487)| |Net increase
In cash and|cash|equivalents|||||49,151||59,397| |Cash and cash equivalents|at beginning|||ofyear|||115,617||56,220| |Cash and cash equivalents|at|end|of|year|||164,770||115,617| |Relating to:|||||||||| |Cash at bank and
in hand
Bank overdrails
included
in
within one year|creditors||payable||||164,815
(45)||115,662
(45)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Unrestricted| |---|---|---|---| |||funds|funds| |||2021|2020| |||f|f| |Donations
Government|and gifts
grants|123,147
120,167|546,936| |||243,314|546,936| ## ## ## ## |4|Other trading|activities||| |---|---|---|---|---| ||||Unrestricted|Unrestricted| ||||funds|funds| ||||2021f|2020| ||Fundraising|events|22,791|18,017| |5|Investments|||| ||||Unrestricted|Unrestricted| ||||funds|funds| ||||2021f|2020f| ||Rental income||45,904|61,308
46| ||Interest receivable|||| ||||45,904|61,354| |6|Other income|||| |6|Other income||||| |---|---|---|---|---|---| |||||Unrestricted|Unrestricted| |||||funds|funds| |||||2021f|2020f| ||Other income|||2,811|2,478| |7|Raising funds||||| |||||Unrestricted|Unrestricted| |||||funds|funds| |||||2021f|2020
f| ||Fundraisin
and
Advertising
Other fundraising||ublici
costs|251|11,105
8,293| ||Fundraising|and|publicity|251|19,398| |||||251|19,398| ## ## ## ||Charitable|Charitable| |---|---|---| ||Expenditure|Expenditure| ||Heading
1|Heading
1| ||202'I|2020| ||f|f| |Staff costs||| |Depreciation
and impairment
Food and hospice aid
Rent rates and water|142,946
18,014
5,814|152,310
13,953
26,197| |Repairs maintenance
and renewals
Light heat and energy
Insurance|16,022
6,596
30,158|18,143
17,388
42,676| |Cleaning
and waste disposal
Printing
postage and stationery
Telephonic
communications
Motor running
expenses
Travelling
costs|3,482
1,231
16,868
5,123
6,664|1,734
4,346
39,085
5,101
22,974| |Sundry expenses
Bank charges
Training expenses
Computer
related costs|1,286
5,490
488
1,260
2,900|18,590
454
1,824
1,425
5,287| ||264,342|371,487| |Grant funding
of activities (see note 9)
Share ofgovernance
costs (see note 10)|9,841
18,287|47,463
6,152| ||292,470|425,102| ||||Charitable|Charitable| |---|---|---|---|---| ||||Expenditure|Expenditure| ||||Heading
1|Heading
1| ||||2021|2020| ||||8|f| |Grants to institutions:||||| |Great central donation
BPP
Seven Hills Educational
Trust
Suleymaniye
Islamic Funeral
S Humanitarian
Tru rhyl
RHYL education||Services|150
50
4,000
1,090|| |Wood green faith community
Other||centre|680
3,871|| |||||47,463| ||||9,841|47,463| ## ## |10|Support costs||Support|Governance|Governance|2021|2020| |---|---|---|---|---|---|---|---| ||||costs||costs||| ||||E||E|E|E| ||Audit fess
Accountancy
Legal and professional||||6,000
6,000
6,287|6,000
6,000
6,287|4,970
1,182| ||||||18,287|18,287|6,152| ||Analysed
between
Charitable
activities||||18,287|18,287|6,152| ||Governance
costs includes
payments||to the auditors ofE6,000 (2020-||E4,970)for audit fees.||| |11|Net movement
in funds|||||2021
E|2020
E| ||Net movement
in funds is stated|after|charging/(crediting)||||| ||Fees payable to the company's
auditor for the audit ofthe company's
statements
Depreciation
of owned tangible
fixed assets
Loss on disposal oftangible fixed assets||||financial|6,000
18,014
5,768|4,970
13,953| ## ## ||2021|2020| |---|---|---| ||Number|Number| ||4|4| |Administration
Clergy and teachers|14|14| ||18|18| |Total||| ## ## |13|Employees|||| |---|---|---|---|---| |||||(Continued)| ||Employment|costs||| ||||2021|2020| ||||f|f| ||Wages and salaries|||| ||Social security|costs|141,629|145,073| ||Other pension|costs|1,317|1,632
5,605| ||||142,946|152,310| ## ||||Unrestricted|Unrestricted| |---|---|---|---|---| ||||funds|funds| ||||2021|2020| |Net loss
Financing|on disposal oftamgible
costs|fixed assets|5,768|| ||||5,393|7,905| ||||11,161|7,905| ## ## |Revaluation|offixed|assets|||| |---|---|---|---|---|---| |||||Total|Unrestricted| ||||||funds| |||||2021|2020| |||||f|f| |Revaluation|oftangible|fixed|assets||(39,495,433)| ## ## |Tangible fixed assets|Freehold|Library|Plant and Motor|vehicles|Total| |---|---|---|---|---|---| ||bugdlngsf||machineryf|f|| |Cost
At 1 April 2020
Additions
Disposals
Revaluation
(prior year adjustment)|45,600,000
3,266,387|62,206|456,274|13,088
22,690
(13,088)|46,131,568
22,690
(13,088)
3,266,387| |At 31 March 2021|48,866,387|62,206|456,274|22,690|49,407,557| |Depreciation
and impairment
At 1 April 2020
Depreciation
charged
in the year
Eliminated
in respect of disposals
Revaluation
(prior year adjustment)|4,113,059
(846,672)|54,147
806|351,734
10,454|8,763
6,754
(7,321)|4,527,703
18,014
(7,321)
(846,672)| |At 31 March 2021|3,266,387|54,953|362,188|8,196|3,691,724| |Carrying
amount
At 31 March 2021|45,600,000|7,253|94,086|14,494|45,715,833| |At 31 March 2020|45,600,000|8,059|104,541|4,325|45,716,926| ## ## |Debtors|Debtors||| |---|---|---|---| |Amounts
falling due within one year:||2021
E|2020
f| |Trade debtors|||| |Other debtors||12,715|| |Prepayments|and accrued income|91,545|116,691| ||||9,250| |||104,260|125,941| ## |||||2021|2020| |---|---|---|---|---|---| |||||E|E| |Bank overdrafts|||||| |Bank loans||||45|45| |||||321,489|290,586| |||||321,534|290,631| |Payable
within one year
Payable after one year||||50,512
271,022|50,512
240,119| |Amounts
included|above which|fall due after five years;|||| |Payable
by instalments||||(271,022)|(240,119)| |Creditors: amounts
falling due within one year|||||| ||||Notes|2021f|2020
E| |Bank loans and overdrafts
Other taxation and social security
Trade creditors|||19|50,512
10,839|50,512
23,306| |Other creditors||||23,000|12,000| |Accruals
and deferred
income||||6,994|2,015| ||||||18,975| |||||91,345|106,808| ## ## ## ## |21|Creditors: amounts|falling due after more than|one year||2021|2020| |---|---|---|---|---|---|---| |||||Notes||8| ||Bank loans|||19|271,022|240,119| |22|Analysis of net assets between funds||||Unrestricted|Unrestricted| ||||||funds|funds| ||||||2021|2020| ||||||5|F| ||Fund balances at 31 March 2021 are represented
Tangible assets
Current assets/(liabilities)
Long term liabilities||by:||45,715,833
177,730
(271,022)|45,716,926
134,795
(240,119)| ||||||45,622,541|45,611,602| ## |24|Cash generated
from operations|||2021
0|2020
5| |---|---|---|---|---|---| ||Surplus
for the year|||10,938|176,380| ||Adjustments
for:
investment
income recognised
in statement
offinancial
Loss on disposal oftangible
fixed assets
Depreciation
and impairment
oftangible fixed assets||activities|(45,904)
5,768
18,014|(61,354)
13,953| ||Movements
in working
capital:
Decrease/(increase)
in debtors
(Decrease)
in creditors|||21,681
(15,463)|(16,566)
(8,683)| ||Cash (absorbed
by)/generated|from operations||(4,966)|103,730| ## ## ## ## |Analy|sis ofchanges
in net (debt)/funds|||| |---|---|---|---|---| |||At 1April 2020
f|Cash nowsAt 31 Iaarch 2021
f
f|| |Cash
Bank|at bank and in hend
overdrafts|115,662|49,153|164,815| |||(45)||(45)| |||115,617|49,153|164,770| |Loans
Loans|falling due within one year
falling due after more than one year|(50,467)
(240,119)|(30,903)|(50,467)
(271,022)| |||(174,969)|18,250|(156,719)| ## ## |||At|31 March 2020|| |---|---|---|---|---| |||As previously|Adjustment|As restated| |||reported||| |Goodwill||f|f|f| |Other intangibles||||| |Tangible assets
Heritage assets||41,603,867|4,113,059|45,716,926| |Income funds||||| |Restricted
funds||||| |Unrestricted
funds||41,498,543|4,113,059|45,611,602| ||Total equity|41,498,543|4,113,059|45,611,602| ## |Changes|to the|balance sheet||||| |---|---|---|---|---|---|---| ||||At|31 March 2020||| ||||As previously|Adjustment|As|restated| ||||reported|||| |Changes|to the profit and loss account||Period ended 31 March||2020|| ||||As previously|Adjustment|As|restated| ||||reported
6|6||f| |Charitable|activities||1,271,774|(846,672)||425,102| |Revs!uation of||fixed assets|36,229,046|3,266,387|39,495,433|| |Net movement||in funds|35,558,754|4,113,059|39,671,813||