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|Trustees||DrSShehabi|||
|---|---|---|---|---|
|||Dr M Al-Mousawi|||
|||Dr AAI Yosifi|||
|||Dr FSafar|||
|||DrAAlbahbahani|||
|Charity|number|293802|||
|Principal|address|45 Crawford|Place||
|||London|||
|||W1H 4LP|||
|Auditor||Deitch Cooper LLP|||
|||3 Hobbs House|||
|||Harrovian
Business Village|||
|||Bessborough|Road||
|||Harrow|||
|||Middlesex|||
|||HA1 3EX|||
|Bankers||Al Rayan Bank|||
|||77 - 79 Edgware||Road|
|||London|||
|||W2 2HZ|||
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||||Page|
|---|---|---|---|
|Trustees'|report||1-4|
|Independent
auditor's||report|5-7|
|Statement|offinancial|activities||
|Statement|offinancial|position||
|Notes to the financial||statements|10-18|
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|||||2023|2022|
|---|---|---|---|---|---|
||||Notes|||
|Income from:||||||
|Donations
and|legacies|||1,500||
|Investments||||295,383|267,137|
|Total income||||296,883|267,137|
|Ex enditure on:||||||
|Raising funds||||26,713|7,531|
|Charitable
activities||||431,153|415,663|
|Total charitable|expenditure|||431,153|415,663|
|Total expenditure||||457,866|423,194|
|Revaluation
of investment||properties||(400,000)|400,000|
|Net (expenditure)/income||for the year/||||
|Net movement|in funds|||(560,983)|243,943|
|Fund balances|at 1 April|2022||18,609,195|18,365,252|
|Fund balances|at 31 March 2023|||18,048,212|18,609,195|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||||Notes|||
|Fixed assets||||||||
|Tangible assets|||||13|13,784,103|14,041,787|
|Investment|properties||||14|2,450,000|2,850,000|
|||||||16,234,103|16,891,787|
|Current assets||||||||
|Debtors||||||135,203|55,993|
|Cash at bank and||in|hand|||1,692,602|1,671,731|
|||||||1,827,805|1,727,724|
|Creditors:|amounts||falling due within|||||
|one year||||||(13,696)|(10,316)|
|Net current|assets|||||1,814,109|1,717,408|
|Total assets less||current||liabilities||18,048,212|18,609,195|
|Income funds||||||||
|Unrestricted|funds|-|eneral|||||
|General
unrestricted|||funds|||7,234,254|7,576,831|
|Revaluation|reserve|||||10,813,958|11,032,364|
||||||17|18,048,212|18,609,195|
|||||||18,048,212|18,609,195|
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|||2023|2022|
|---|---|---|---|
|||f|f|
|Rental income and|service charges receivable|266,871|253,650|
|Interest receivable||28,512|13,487|
|||295,383|267,137|
|Raising funds||||
|||2023|2022f|
|Investment
ro ert|ex enses|||
|Light and heat||1,733|1,367|
|Repairs and maintenance||24,980|6,164|
|Investment
property|expenses|26,713|7,531|
|||26,713|7,531|
|Forthe year ended|31 March 2022|||
|Investment
property|expenses||7,531|
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|||||2023f|2022f|
|---|---|---|---|---|---|
|Events and functions||||15,885|10,577|
|Grant funding||of activities (see note 7)||920|2,285|
|Share of|support costs (see note 8)|||406,908|395,721|
|Share of|governance||costs (see note 8)|7,440|7,080|
|||||431,153|415,663|
|Analysis|by|fund||||
|Unrestricted||funds -|general|431,153||
|||||431,153||
|Forthe year||ended|31 March 2022|||
|Unrestricted||funds -|general||415,663|
||||||415,663|
|Grants payable||||||
|||||2023f|2022f|
|Grants to|institutions:|||||
|Donations|to|other institutions||320|2,285|
|Grants to|individuals|||600||
|||||920|2,285|
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|Charitable|activities|activities|||
|---|---|---|---|---|
|Sponsorship||grants|||
|Donations|to|Muslim|emergency|appeals|
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|Support|co|sts||||||
|---|---|---|---|---|---|---|---|
||||Support|Governance|2023|2022|Basis ofallocation|
||||costs|costs||||
||||f|f||||
|Staff costs|||60,124||60,124|65,304|Directly attributable|
|Depreciation|||258,903||258,903|258,599|Directly attributable|
|Consultancy||fees|9,605||9,605|1,340|Directly attributable|
|Light and|heat||16,704||16,704|11,755|Directly attributable|
|Cleaning|||4,785||4,785|3,635|Directly attributable|
|General expenses|||169||169|470|Directly attributable|
|Repairs|||7,559||7,559|7,297|Directly attributable|
|Insurance|||7,139||7,139|6,762|Directly attributable|
|Rates|||23,631||23,631|25,475|Directly attributable|
|Printing
and||postage|7,377||7,377|8,704|Directly attributable|
|Telephone|||1,475||1,475|1,961|Directly attributable|
|Computer|expenses||9,437||9,437|4,419|Directly attributable|
|Audit fees||||7,440|7,440|7,080|Governance|
||||406,908|7,440|414,348|402,801||
|Analysed|between|||||||
|Charitable|activities||406,908|7,440|414,348|402,801||
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|Number of|employees||||||||
|---|---|---|---|---|---|---|---|---|
|The average|monthly|number ofemployees||during||the year was:|||
||||||||2023|2022|
||||||||Number|Number|
|Employees|||||||||
|Employment|costs||||||2023|2022|
|Wages and|salaries||||||58,848|63,943|
|Employer's|contribution|to defined|contribution||pension schemes||1,276|1,361|
||||||||60,124|65,304|
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|Tangible fix|ed asset|s||||||
|---|---|---|---|---|---|---|---|
||||Freehold|Plant and|Fixtures,||Total|
||||property|machinery|fittings|&||
||||||equipment|||
|Cost or valuation||||||||
|At 1 April 2022|||14,300,000|12,123|225,934||14,538,057|
|Additions||||1,219|||1,219|
|At 31 March|2023||14,300,000|13,342|225,934||14,539,276|
|Depreciation|and impairment|||||||
|At 1 April 2022|||258,406|11,930|225,934||496,270|
|Depreciation|charged|in the year|258,406|497|||258,903|
|At 31 March|2023||516,812|12,427|225,934||755,173|
|Carrying
amount||||||||
|At 31 March|2023||13,783,188|915|||13,784,103|
|At 31 March|2022||14,041,594|193|||14,041,787|
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|||2023|
|---|---|---|
|Fair value|||
|At 1 April 2022||2,850,000|
|Net loss through|fair value adjustments|(400,000)|
|At 31 March 2023||2,450,000|
|15|Debtors||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||Amounts|falling due||within one year:|||
||Other debtors||||129,885|50,434|
||Prepayments||and accrued income||5,318|5,559|
||||||135,203|55,993|
|16|Creditors:|amounts||falling due within one year|||
||||||2023|2022|
||Other creditors||||74||
||Accruals||||13,622|10,316|
||||||13,696|10,316|
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