Charity number: 290849
ANJUMAN-E-JA'FARIYYA
Accounts and Trustees report FOR THE YEAR ENDED 30/09/2021
Prepared By:
CBS Accountants Chartered Accountant Unit 17, Orbital 25 Business Park Dwight Road Watford Hertfordfhire WD17 9DA
ANJUMAN-E-JA'FARIYYA
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30/09/2021
TRUSTEES
Azhar Shah (President) Ali Raza Shah (Vice President) Kamran Shah (Secreterary General) Saqlain Shabbir (Assisstant Secretary General) Shabbir H Shah (Treasurer) Imran Hussain (Assisstant Treasurer) Mohsin Shah (EC Member) Arshad H Shah (Trustee) Raza Hussain Jessa (Trustee) Munawar Shah (Trustee) Rafiq Shah (Trustee) Sajjad Arshad (Trustee)
REGISTERED OFFICE
AL-Zahra Centre 81 Fearnley Street Watford WD18 0RD
CHARITY NUMBER
290849
BANKERS
Natwest, Allied Irish Bank
ACCOUNTANTS
CBS Accountants Chartered Accountant Unit 17, Orbital 25 Business Park Dwight Road Watford Hertfordfhire WD17 9DA
page 1
ANJUMAN-E-JA'FARIYYA
ACCOUNTS
FOR THE YEAR ENDED 30/09/2021
CONTENTS
| Page | |
|---|---|
| Report of the Trustees | 3 |
| Independent Examiner's Statement | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Accounts | 7 to 0 1 |
| Detailed Statement of Financial Activities | 11 |
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ANJUMAN-E-JA’FARIYYA
TRUSTEES' REPORT FOR THE YEAR ENDED 30/09/2021
CHARITY OBJECTIVES
The advancement of the religion of Islam in accordance with the tenets of the Shia Ithna -Ashari faith (which expression means the laws and rules of the Holy Quran.
FINANCIAL REVIEW
The charity had net incoming resources in the year of £70,210 (2020: £30,465) resulting in a total funds carried forward of £1,678,585 (2020: £1,608,375).
ASSET COVER FOR FUNDS
Note 5 sets out an analysis of the assets attributable to the various funds and these assets are sufficient to meet the charity's Commission.
STRUCTURE GOVERNANCE AND MANAGEMENT
Anjuman-e-Ja'Fariyya is registered with the Charity Commission (290849) and constituted by the deed of trust. The charity is managed by eight trustees who meet at regular intervals to assess progress. The trustees have assessed the major risks to which the charity is exposed and are satisfied that the systems are in place to mitigate exposure to the major risks.
The Trustees present their annual reports and independently examined accounts for the year ending 30 September 2021.
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:
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i. Select suitable accounting policies and then apply them consistently.
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ii. Observe the methods and principles of the Charities SORP.
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iii. Make judgements and estimates that are reasonable and prudent.
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iv. State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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v. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the charities act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud andother irregularities.
This report was approved by the Board of Trustees on 27/03/2023
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Azhar Shah (President) Trustee
Page 3
ANJUMAN-E-JA'FARIYYA
INDEPENDENT EXAMINER'S STATEMENT
FOR THE YEAR ENDED 30/09/2021
I report on the accounts of the charity for the year ended 30/09/2021
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under Charities Act 2011 and that an independent examination is needed.
It is my responsibility to examine the accounts under Charities Act 2011
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follow the procedures laid down in the general Directions given by the Charity Commission under the Act
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state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINERS STATEMENT
My examination was carried out in accordance with 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 accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, 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 accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINERS STATEMENT
In connection with my examination, no matter has come to my attention: Which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 41 of the 1993 Act and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act. have not been met
................................. 27/03/2023 CBS Accountants Unit 17, Orbital 25 Business Park Dwight Road Watford Hertfordfhire WD17 9DA 01923750950
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ANJUMAN-E-JA'FARIYYA
Statement of Financial Activities for the year ended 30/09/2021
| Income Income from generated funds Income from Investments Income from charitable activities Other Income Total Income and endowments Expenses Costs of generating funds Expenditure on Charitable activities Total Expenses Net gains on investments Net Income Gains/(losses) on revaluation of fixed assests Net movement in funds: Net income for the year Total funds brought forward Net funds carried forward |
Unrestricted funds £ 64,014 100,375 4,755 169,144 98,934 98,934 70,210 70,210 1,608,375 1,678,585 |
Restricted funds £ - - - - - - - - - - |
2021 Total £ 64,014 100,375 4,755 169,144 98,934 98,934 70,210 70,210 1,608,375 1,678,585 |
2020 Total £ 55,556 67,189 1,600 |
|---|---|---|---|---|
| 124,345 | ||||
| 93,880 | ||||
| 93,880 | ||||
| 30,465 | ||||
| 30,465 1,577,910 |
||||
| 1,608,375 |
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
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ANJUMAN-E-JA'FARIYYA
| BALANCE SHEET AT 30/09/2021 Notes FIXED ASSETS Tangible assets 3 CURRENT ASSETS Debtors (amounts falling due within one year) 4 Cash at bank and in hand CREDITORS: Amounts falling due within one year 5 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES Unrestricted funds 7 General fund |
13,094 207,828 220,922 960 |
2021 £ 1,458,623 219,962 1,678,585 1,678,585 1,678,585 |
5,068 145,644 150,712 960 |
2020 £ 1,458,623 149,752 |
|---|---|---|---|---|
| 1,608,375 | ||||
| 1,608,375 | ||||
| 1,608,375 |
Approved by the board of trustees on 27/03/2023 and signed on their behalf by
............................. Azhar Shah ( President ) Trustee
page 6
ANJUMAN-E-JA'FARIYYA
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30/09/2021
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
1b. Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
1c. Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
1d. Allocation And Apportionment Of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
1e. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
. Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and amount can be qualified with reasonable accuracy.Income from investments is included in the year in which it is receivable.
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ANJUMAN-E-JA'FARIYYA
2. EMPLOYEES
| Average number of employees 3. TANGIBLE FIXED ASSETS Cost At 01/10/2020 At 30/09/2021 Depreciation At 30/09/2021 Net Book Amounts At 30/09/2021 At 30/09/2020 4. DEBTORS Amounts falling due within one year: Trade debtors |
Land And Buildings £ 1,392,211 1,392,211 - 1,392,211 1,392,211 |
Fixtures and Fittings £ 50,585 |
2021 No. 1 Equipment £ 15,827 15,827 - 15,827 15,827 2021 £ 13,094 13,094 |
2020 No. 1 Total £ 1,458,623 |
|
|---|---|---|---|---|---|
| 50,585 | 1,458,623 | ||||
| - | - | ||||
| 50,585 | 1,458,623 | ||||
| 50,585 | 1,458,623 | ||||
| 2020 £ 5,068 |
|||||
| 5,068 |
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other creditors | 2021 £ 960 960 |
2020 £ 960 |
|---|---|---|
| 960 |
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ANJUMAN-E-JA'FARIYYA
6. LIMITED BY GUARANTEE
7. UNRESTRICTED FUNDS
| General fund | Brought forward £ 1,608,375 1,608,375 |
Incoming resources £ 169,144 169,144 |
Outgoing resources £ (98,934) (98,934) |
Transfers £ - - |
Carried forward £ 1,678,585 |
|---|---|---|---|---|---|
| 1,678,585 |
8. RESTRICTED FUNDS
| Brought forward |
Incoming resources |
Outgoing resources |
Transfers | Carried forward |
|---|---|---|---|---|
| £ | £ | £ | £ | £ |
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ANJUMAN-E-JA'FARIYYA
Incoming Resources for the year ended 30/09/2021
| Incoming resources Incoming resources from generated funds Car park & flat Rental income Charitable Activity Donations & grants Gift aid donations Rental income Interest income Other Incoming Resources Other income |
64,014 87,178 13,094 103 |
2021 £ 64,014 64,014 100,272 103 100,375 4,755 4,755 169,144 |
55,556 61,842 5,068 279 |
2020 £ 55,556 55,556 66,910 279 67,189 1,600 |
|---|---|---|---|---|
| 1,600 | ||||
| 124,345 |
page 10
ANJUMAN-E-JA'FARIYYA
Expenses for the year ended 30/09/2021
| Expenses Costs of generating funds Charitable Activities Travel Catering and nyaz Rates Buliding insurance Service charge Heat and light Cleaning Repairs and renewals Salaries Computer costs Accountancy fees Alim fees Consultancy fees Printing Telephone Subscriptions Charitable donations Bank charges and interest Sundry expenses |
2021 £ 384 21,107 3,177 3,600 - 24,803 993 2,787 18,026 9,931 960 - 7,650 - 706 800 3,845 165 - 98,934 98,934 |
2020 £ 102 16,470 2,219 3,476 663 14,003 1,149 14,791 23,580 909 960 6,499 3,304 184 1,078 - 3,941 507 45 |
|---|---|---|
| 93,880 | ||
| 93,880 |
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