Registered Number: 04846554 England and Wales
## THE BANGLADESH MUSLIM SHOMITY
Report of the Directors/Trustee's and Unaudited Financial Statements (CHARITY REG.NO 293676)
## **Period of accounts**
**Start date:** 01 April 2021 **End date:** 31 March 2022
THE BANGLADESH MUSLIM SHOMITY Contents Page For the year ended 31 March 2022
|Company information|3|
|---|---|
|Directors' report|4|
|Accountants' report|6|
|Income statement|7|
|Statement of financial position|8|
|Notes to the financial statements|10|
|Detailed income statement|13|
2 of 13
THE BANGLADESH MUSLIM SHOMITY Company Information For the year ended 31 March 2022
|**Directors**|Abdul Rokib|
|---|---|
||Wahid Ali|
||Suna Miah|
||Gulam Mustafa|
|**Registered Number**|04846554|
|**Registered Office**|447-451 ROMFORD ROAD|
||LONDON|
||E7 8AB|
|**Accountants**|SF ACCOUNTANT LIMITED|
||The Generator Business Centre|
||Unit 20, 95 Miles Road|
||Mitcham|
||Surrey|
||CR4 3FH|
|**Secretary**|Wahid Ali|
|**Bankers**|NatWest Bank Plc|
||Al Rayan Bank Plc|
|**Solicitors**|Blakewells Solicitors|
3 of 13
THE BANGLADESH MUSLIM SHOMITY Directors' Report For the year ended 31 March 2022
## **Trustees's (Directors) report and financial statements**
The directors present their annual report and the financial statements for the year ended 31 March 2022.
## **Principal activities**
Principal activity of the company during the financial year was of raise the fund to run the mosque and religious school for the children.
## **Directors**
The directors who served the company throughout the year were as follows:
Abdul Rokib
Wahid Ali
Suna Miah
Gulam Mustafa
## **Statement of directors' responsibilities**
The Trustees' (directors) are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to :
- select suitable accounting policies and then apply them consistently
- make judgements and accounting estimates that are reasonable and prudent
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the companys transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions
All the funds received by the Charity were unrestricted.
4 of 13
## THE BANGLADESH MUSLIM SHOMITY Directors' Report For the year ended 31 March 2022
This report was approved by the board and signed on its behalf by:
----------------------------------
Abdul Rokib Director
Date approved: 31 January 2023
5 of 13
## THE BANGLADESH MUSLIM SHOMITY Accountants' Report For the year ended 31 March 2022
## Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2022 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
SF ACCOUNTANT LIMITED 31 March 2022
.................................................... SF ACCOUNTANT LIMITED The Generator Business Centre Unit 20, 95 Miles Road Mitcham Surrey CR4 3FH 31 January 2023
6 of 13
## THE BANGLADESH MUSLIM SHOMITY Income Statement
## For the year ended 31 March 2022
|**Notes**
**Turnover**
**Gross profit**
Administrative expenses
**Operating profit/(loss)**
2
**Profit/(Loss) on ordinary activities before taxation**
Tax on profit on ordinary activities
**Profit/(Loss) for the financial year**|**2022**
**£**
276,789
**276,789**
(281,666)
**(4,877)**
**(4,877)**
0
**(4,877)**
Unrestricted|**2021**
**£**
534,680
**534,680**
(286,494)
**248,186**
**248,186**
0
**248,186**
Unrestricted|
|---|---|---|
7 of 13
## THE BANGLADESH MUSLIM SHOMITY Statement of Financial Position As at 31 March 2022
|**Notes**
**Fixed assets**
Tangible fixed assets
4
**Current assets**
Debtors
5
Cash at bank and in hand
**Creditors: amount falling due within one year**
6
**Net current assets**
**Total assets less current liabilities**
**Creditors: amount falling due after more than one**
**year**
7
Provisions for liabilities
8
**Net assets**
**Capital and reserves**
Profit and loss account
9
**Members' funds**|**2022**
**£**
826,711
**826,711**
0
440,273
**440,273**
(19,856)
**420,417**
1,247,128
(117,000)
0
**1,130,128**
1,130,128
**1,130,128**|**2021**
**£**
826,711|
|---|---|---|
|||**826,711**
33,782
421,475|
|||**455,257**
(1,865)|
|||**453,392**|
|||1,280,103
(145,009)
(89)|
|||**1,135,005**|
|||1,135,005|
|||**1,135,005**|
For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.
Directors' responsibilities:
1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
2. The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime of Part 15 of the Companies Act 2006.
8 of 13
## THE BANGLADESH MUSLIM SHOMITY Statement of Financial Position As at 31 March 2022
The financial statements were approved by the board of directors on 31 January 2023 and were signed on its behalf by:
--------------------------------
Abdul Rokib Director
9 of 13
THE BANGLADESH MUSLIM SHOMITY Notes to the Financial Statements For the year ended 31 March 2022
## **General Information**
THE BANGLADESH MUSLIM SHOMITY is a private company, limited by guarantee, registered in England and Wales, registration number 04846554, registration address 447-451 ROMFORD ROAD, LONDON, E7 8AB.
The presentation currency is £ sterling.
## **1. Accounting policies**
## **Significant accounting policies**
## **Statement of compliance**
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
## **Basis of preparation**
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
## **Turnover**
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
## **Government grants**
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
## **Tangible fixed assets**
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
## **2. Operating profit/(loss)**
|**Operating profit/(loss)**|||
|---|---|---|
||**2022**|**2021**|
||**£**|**£**|
|The operating profit/(loss) is stated after charging:|||
|Depreciation of tangible fixed assets|6,613|6,613|
10 of 13
## THE BANGLADESH MUSLIM SHOMITY Notes to the Financial Statements For the year ended 31 March 2022
## **3. Average number of employees**
Average number of employees during the year was 20 (2021 : 20).
## **4. Tangible fixed assets**
|**Cost or valuation**
At 01 April 2021
Additions
Disposals
At 31 March 2022
**Depreciation**
At 01 April 2021
Charge for year
On disposals
At 31 March 2022
**Net book values**
Closing balance as at 31 March 2022
Opening balance as at 01 April 2021|Plant and
Machinery
**£**
3,814
-
-
**3,814**
3,814
-
-
**3,814**
**-**
**-**|Fixtures
and Fittings
**£**
126,690
-
-
**126,690**
101,332
6,613
-
**107,945**
**18,745**
**18,745**|Land and
Buildings
**£**
807,966
-
-
**807,966**
-
-
-
**-**
**807,966**
**807,966**|**Total**
**£**
938,470
-
-|
|---|---|---|---|---|
|||||**938,470**|
|||||105,146
6,613
-|
|||||**111,759**|
|||||**826,711**|
|||||**826,711**|
The net book value of Land and Buildings includes £807,966(2021 £807,966) in respect of assets leased under finance leases or hire purchase contracts.
## **5. Debtors: amounts falling due within one year**
|Other Debtors
**Creditors: amount falling due within one year**
PAYE & Social Security|**2022**
**£**
0
**0**
**2022**
**£**
19,856
**19,856**|**2021**
**£**
33,782
**33,782**
**2021**
**£**
1,865
**1,865**|
|---|---|---|
## **6. Creditors: amount falling due within one year**
11 of 13
## THE BANGLADESH MUSLIM SHOMITY Notes to the Financial Statements For the year ended 31 March 2022
## **7. Creditors: amount falling due after more than one year**
|Qard e Hasana-interest free loan
**Provisions for liabilities**
Pension Provisions
**Profit and loss account**
Balance at 01 April 2021
Loss for the year
Balance at 31 March 2022|**2022**
**£**
117,000
**117,000**
**2022**
**£**
0
**0**|**2021**
**£**
145,009|
|---|---|---|
|||**145,009**|
|||**2021**
**£**
89|
|||**89**|
|||**2022**
**£**
1,135,005
(4,877)|
|||**1,130,128**|
## **8. Provisions for liabilities**
## **9. Profit and loss account**
## **10. Trustees’ Remuneration and Benefits**
There were no Trustees remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
## **11. Company Limited by Guarantee**
The company is limited by guarantee and therefore has no shares.
12 of 13
## THE BANGLADESH MUSLIM SHOMITY Detailed Income Statement For the year ended 31 March 2022
|**Turnover**
School fee
Rental income
Donations & grants
Maktab fee
Other income
Gross profit
**Administrative expenses**
Wages & Salaries
Accountancy Fees
Legal and Professional Fees (Allowable)
Rates & Water
Light, Heat & Power
Bank Charges
Depreciation Charge: Fixtures & Fittings
Advertising
General Insurance
Repairs & Renewals
Stationery & Postage
Telephone, Fax & Internet
Sundry Expenses
Books & educational material
Operating profit/(loss)
**Profit/(Loss) on ordinary activities before**
**taxation**
**Profit/(Loss) for the financial year**|57,142
2,100
2,560
984
7,586
2,927
6,613
15,000
3,896
147,000
5,000
967
14,201
15,690|**2022**
**£**
0
23,620
253,169
0
0
**276,789**
**276,789**
235,099
2,100
2,886
890
6,570
2,777
6,613
8,108
3,568
2,666
733
784
11,456
2,244
(281,666)
**(4,877)**
**(4,877)**
**(4,877)**
Unrestricted|**2022**
**£**
0
23,620
253,169
0
0
**276,789**
**276,789**
235,099
2,100
2,886
890
6,570
2,777
6,613
8,108
3,568
2,666
733
784
11,456
2,244
(281,666)
**(4,877)**
**(4,877)**
**(4,877)**
Unrestricted|**2021**
**£**
161,054
23,620
213,455
43,458
93,093
Unrestricted|
|---|---|---|---|---|
|||||**534,680**|
|||||**534,680**
(286,494)|
||||||
|||||**248,186**|
|||||**248,186**|
|||||**248,186**|
13 of 13