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2021-03-31-accounts

Page
Report ofthe Trustees I to 5
Independent
Examiner's
Report
Statement ofFinancial A.ctivities
Statement ofFinancial Position
Notes tothe Financial Statements 9 to 16
Detailed Statement of Finaacial Activities 17 to 18

FORTHE YEAR ENDED 31MA RCH 2021
31.3.21 31.3.20
Unrestricted Restricted Total Total
fund fund funds funds
Notes
INCOME FROM
Donations 147,451 147,451 152,269
Charitable activities
Madrsssa
Receiver		 112,221
850		 112,221
850		 149,119
1,600
Investment income 78
Total 260,522 260,522 303,066
EXPENDITURE ON
Charitable activities
Madrassa 167&488 167,488 166,263
Mosque dt community 47,693 47,693 58,452
Receiver 2,048
Total 215,181 215,181 226,763
NET INCOME 45,341 45,341 76,303
RECONCILIATION OF FUNDS
Total funds brought forward 2s688,545 2,688,545 2,612,242
TOTAL FUNDS CARRIED FORWARD 2,733,886 2)733,886 2,688,545

STATEM ENT OFFINANCIAL
31MARCH 2021		 POSITION
31.3.21 31.3.20
Notes
FIXEDASSETS
Tangible assets 2,165,415 2,182,221
CURRENT ASSETS
Debtors 12 10,450
Cash at bank and in hand 578)173 512,482
578,173 522,932
CREDITORS
Amounts
falling due within one year		 13 (9,702) (16,608)
NET CURRENT ASSETS 568,471 506,324
TOTAL ASSETSLESSCURRENT
LIABILITIES 2,733,886 2,688,545
NET ASSETS 2,733,886 2,688,545
FUNDS 15
Unrestricted
funds		 2,733,886 2,688,545
TOTAL FUNDS 2,733,886 2,688,545

DONATIONS
31.3.21 31.3.20
Gift Aid 11)930
Donations 129,120 152,269
Job Retention Scheme Income 6)401
147)451 152,269

31.3.21 31.3.20
Friday Collection 47,671 87,569
Lillah 1,910 1,547
Nikah Fees 1,301 3,69l
Ramadaan 36,295 40,044
Donations 41)693 19,4l8
Membership Fees 250
129,120 152,269
3. INVESTMENT INCOME
31.3.21 31.3.20
Interest receivable 78
4, INCOME FROM CHARITABLE ACTIVITIES
31.3.21 31.3.20
Activity
Madrassa fee
Sale ofreceivers		 Madrassa
Receiver		 112,221
850		 149,119
1,600
113,071 150,719

CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 6) Totals
Madrassa 167,488 167i488
Mosque k.community 41,120 6,573 47,693
208,608 6,573 215,181
SUPPORT COSTS
Governance
Finance costs Totals
Mosque k community 176 6)397 6,573

STAFF C OSTS
31.3.21 31.3.20
Wages and salaries 165&865 166,263
Other pension costs 1,623 1,517
167i488 167,780
The average monthly number ofemployees during the year was as follows:
31.3.21 31.3.20
Charitable Activities 36 36
Administration 1 1
37 37


FORTHE YEAR ENDED 31MARCH 2021
FORTHE YEAR ENDED 31MARCH 2021
FORTHE YEAR ENDED 31MARCH 2021
FORTHE YEAR ENDED 31MARCH 2021
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 3L03.2020
Unrestricted Restricted Total
fund fund funds
INCOME FROM
Donations 152,269 152,269
Charitable activities
Madrassa 149,119 149,119
Receiver 1,600 1,600
Investment income 78 78
Total 303,066 303,066
EXPENDITURE ON
Charitable activities
Madrassa
Mosque k		 community 166,263
58,452		 166,263
58,452
Receiver 2,048 2,048
Total 226,763 226,763
NET INCOME 76,303 76,303
RECONCILIATION OFFUNDS
Total funds brought forward 2,612,242 2,612,242
TOTAL FUNDS CARRIED FORWARD 2,688,545 2,688,545

11. TANGIBLE FIXEDASSETS
Freehold Plant and
property machinery Totals
COST
At I April 2020 and 31March 2021 2,319,069 20,249 2)339/IS
DEPRECIATION
At
1 April 2020		 138,025 19,072 157,097
Charge for year 16,312 494 16,$06
At 31 March 2021 154,337 19,566 173)903
NET BOOKVALUE
At 3l March 2021 2,164,732 683 2,165,415
At 31March 2020 2,l81,044 1,177 2,182,221
12. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21 31.3.20
Trade debtors 10,450

31.3.21 31.3.20
Taxation and social security 2,927
Other creditors 6,775 16,608
9,702 16,608
14, ANALYSIS OFNET ASSETS BETWEEN FUNDS
31.3.21 31.3.20
Unrestricted Restncted Total Total
fund fund funds funds
Fixed assets 2,165,415 2,165,415 2,182,221
Current assets 578,173 578,173 522,932
Current
liabilities		 (9,702) (9,702) (16,608)
2,733,886 2,733,886 2,688,545
15. MOVEMENT IN FUNDS
Net
movement At
At I/4/20 in funds 31/3/21
Unrestricted funds
General
fund		 2,688,545 45441 2,733,886
TOTAL FUNDS 2,688,545 45@41 2,733,886
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 260,522 (215,181) 45,341
TOTALFUNDS 260,522 (215,181) 45,341

Net
movement At
At 1/4/1 9 in funds 31/3/20
Unrestricted funds
General fund 2,612,242 76,303 2,688,545
TOTAL FUNDS 2,612,242 76,303 2,688,545
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 303,066 (226,763) 76,303
TOTALFUNDS 303,066 (226,763) 76,303
3L03.21 31.03.20
Independent Examiner Fees 1,200 1,200
Other Professional Fees 2,700 1,300
3,900 2,500

THE ILFORD MUSLIM SOCIETY THE ILFORD MUSLIM SOCIETY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FORTHE YEARENDED 31MARCH 2021
31.3.21 31.3.20
INCOME
Donations
Gift Aid 11,930
Donations 129,120 152,269
Job Retention Scheme Income 6,401
147&451 152,269
Investment income
Interest receivable 78
Charitable activities
Madrassa fee 112,221 149,119
Sale ofreceivers 850 1,600
113&071 150,719
Total incoming resources 260,522 303,066
EXPENDITURE
Charitable activities
Wages 165,865 166,263
Pensions 1,623 1,517
Rates 8,686 8,264
Insurance 2,233 2,610
Light and heat 9,427 11,951
Telephone 951 1,305
Postage and stationery 1,482 1,890
Repairs and Renewals 533 7,703
Purchase of Receiver 2,048
Cleaning 1,002 1,451
Depreciation tangible fixed assets 16,806 16,174
208,608 221,176

FORTHE YEAR END ED 31MARCH 2021
31.3.21 31.3.20
Support costs
Finance
Bank charges 176 364
Governance costs
Sundries 997 500
Independent Examiners Fees 1,200 1,720
Subscriptions 1,500 1,803
Other Professional Costs 2,700 1,200
6,397 5,223
Total resources expended 215,181 226,763
Net income 45,341 76,303