MADINA ISLAMIC MISSION & ISLAMIC CENTRE-HEATHROW ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020 ## **MADINA ISLAMIC MISSION & ISLAMIC CENTRE-HEATHROW** **INFORMATION** Accountant Venture Accountancy 17 Browning Way Hounslow TW5 9BG Board of Trustees Mr Khawaja Mahmood Ahmed – President Mr Nadeem Akhtar – Vice President Mr Syed Alamdar Shah – General Secretary Mr Mirza Jamil Baig – Treasurer Mr Mohammed Hussain Ahamed – Education & Youth secretary Mr M Masood – Social & Welfare Secretary Mr Khalid Mohamed Vayani – Assistant Treasurer ## **MADINA ISLAMIC MISSION & ISLAMIC CENTRE-HEATHROW** ## **ACCOUNTANTS' REPORT ON THE UNAUDITED ACCOUNTS OF MADINA ISLAMIC MISSION & ISLAMIC CENTRE-HEATHROW** In accordance with the engagement letter we have prepared for your approval the accounts of Madina Islamic Mission & Islamic Centre-Heathrow for the year, set out on pages 2 to 4 from the entity’s accounting records and from information and explanations, you have given to us. You have approved the accounts for the year and have acknowledged your responsibility for them, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for their compilation. We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the accounts. ## **Venture Accountancy** ## **Accountants** **17 Browning Way** Hounslow TW5 9BG - 1 - ## **MADINA ISLAMIC MISSION & ISLAMIC CENTRE-HEATHROW** ## **DETAILED TRADING AND PROFIT AND LOSS ACCOUNT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2020**_ |**Income**
Donations & Collections
**Expenses**
Wages and salaries (excl. N.I.)
Religious/ Social Festivities
Premises Costs (L&H, C/TAX, Gas, Water)
Insurance
Repairs and maintenance
HMRC
Printing, postage and stationery
Advertising
Telephone
Computer expenses
Legal and professional fees – allowable
Accountancy
Mortgage Interest
Sadakat/ Zakat /Fitrana Distribution
Sundry expenses - allowable
**Net profit**|**£**
16,335
675
2,857
1,224
3,236
1,404
1,305
0
508
400
0
1000
28
500
209|**2020**
**£**
36,078

(29,681)
**6.397**|**£**
15,920
2,875
2,708
1,183
11,409
0
1,548
640
922
0
0
150
175
750
490|**2019**
**£**
44,525
(38,770)
5,755| |---|---|---|---|---| - 2 - ## **MADINA ISLAMIC MISSION & ISLAMIC CENTRE-HEATHROW** ## **BALANCE SHEET** ## _**AS AT 31 DECEMBER 2020**_ |**Notes**
**Fixed assets**
Tangible assets
**2**
**Current assets**
Cash at bank and in hand
**Current liabilities**
Accruals
**Net current assets**
**Total assets less current liabilities**
**Creditors due after more than one**
**year**
**Capital account**
At 1 January 2020
Profit for the year|**2020**
**£**
**£**
414,312
22,488
0
22,488
436,800
(715)
436,085
429,688
6,397
436,085|**2019**
**£**
**£**
423,617
6,823
0
6,823
430,440
(752 )
429,688
423,933
5,755
429,688| |---|---|---| In accordance with the engagement letter, I approve the accounts set out on pages 2 to 4. I acknowledge my responsibility for the accounts, including the appropriateness of the accounting basis as set out in note 1 to the accounts, and for providing Venture Accountancy with all information and explanations necessary for their compilation. …………………………….. …………………………………….. Mr Khawaja Mahmood Ahmed Mr Syed Alamdar Shah - 3 -