| The trustees | present | their | report | report | and the unaudited | and the unaudited | and the unaudited | financial | statements | of the charity | for the year |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ended 31 March 2022. | |||||||||||
| Reference and administrative | details | ||||||||||
| Registered | charity name | Jamia Islamia Ghousia Trust | |||||||||
| Charity registration | number | 297279 | |||||||||
| Principal office | 23Westbourne | Road | |||||||||
| Luton | |||||||||||
| Bedfords hire | |||||||||||
| LU4 8JD | |||||||||||
| The trustees | |||||||||||
| Mr Abdul Aziz Qazi | |||||||||||
| Mr Mehboob | Khan | ||||||||||
| Mr Abdul Majid |
|||||||||||
| Mr Nisar Ahmed | |||||||||||
| Independent | examiner | Durrani &Co |
|||||||||
| 72 Cardigan | Street | ||||||||||
| Luton | |||||||||||
| Bedfords hire | |||||||||||
| LU1 1RR |
| 2022 | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| Note | funds | Totalfunds f |
Total funds | |||
| Income and endowments | ||||||
| Donations and legacies Investment income |
4 5 |
637,882 52,750 |
637,882 52,750 |
862,218 39,380 |
||
| Total income | 690,632 | 690,632 | 901,598 | |||
| Expenditure Expenditure on charitable |
activities | 6 | 600,901 | 600,901 | 608,906 | |
| Total expenditure | 600,901 | 600,901 | 608,906 | |||
| Net gains on investments | 8,051 | 8,051 | 1,376 | |||
| Net income and net movement | in funds | 97,782 | 97,782 | 294,068 | ||
| Reconciliation offunds |
||||||
| Total funds brought forward |
1,575,467 | 1,575,467 | 1,281,399 | |||
| Total funds carried forward | 1,673,249 | 1,673,249 | 1,575,467 |
| 31 March 2022 | ||||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Note | E | |||||
| Fixed assets | ||||||
| Tangible fixed assets | 12 | 1,415,732 | 1,030,281 | |||
| Current assets | ||||||
| Debtors | 17 | 2,446 | 2,109 | |||
| Cash at bank and | in | hand | 396,503 | 687,792 | ||
| 398,949 | 689,901 | |||||
| Creditors: amounts | falling | due within one year | 13 | 141,432 | 144,715 | |
| Net current assets | 257,517 | 545,186 | ||||
| Total assets less | current | liabilities | 1,673,249 | 1,575,467 | ||
| Net assets | 1,673,249 | 1,575,467 | ||||
| Funds ofthe charity | ||||||
| Unrestricted funds |
1,673,249 | 1,575,467 | ||||
| Total charity funds | 14 | 1,673,249 | 1,575,467 |
| value, over t | he useful economic | life ofthat asset a | s follows |
|---|---|---|---|
| Fixtures and | fittings | 20% reducing | balance |
| Motor vehicles | 20% reducing | balance | |
| Impairment | offixed assets |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |||
| Donations | ||||||
| Donations | 205,138 | 205,138 | 194,249 | 194,249 | ||
| Funeral services | 174,996 | 174,996 | 308,945 | 308,945 | ||
| Parents contributions | and school fees | 113,128 | 113,128 | 48,601 | 48,601 | |
| Grants | ||||||
| Local authority | grants | 144,620 | 144,620 | 310,423 | 310,423 | |
| 637,882 | 637,882 | 862,218 | 862,218 |
| Ye | ar ended 31 | March 2 | March 2 | 0 | 2 | 2 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5. | Investment | income | |||||||||||||
| Unrestricted | Total Funds | Unrestricted | Total | Funds | |||||||||||
| Funds | 2022 | Funds | 2021 | ||||||||||||
| F | F | ||||||||||||||
| Income from | investment | properties | 52,750 | 52,750 | 39,380 | 39,380 | |||||||||
| 6. | Expenditure | on charitable | activities | by fund | type | ||||||||||
| Unrestricted | Total Funds | Unrestricted | Total | Funds | |||||||||||
| Funds | 2022 | Funds | 2021 | ||||||||||||
| F | |||||||||||||||
| Activity type | 3 | 169,501 | 169,501 | 245,071 | 245,071 | ||||||||||
| Support costs | 431,400 | 431,400 | 363,835 | 363,835 | |||||||||||
| 600,901 | 600,901 | 608,906 | 608,906 | ||||||||||||
| 7. | Net gains on | investments | |||||||||||||
| Unrestricted | Total Funds | Unrestricted | Total | Funds | |||||||||||
| Funds | 2022 | Funds | 2021 | ||||||||||||
| F | |||||||||||||||
| Gains/(losses) | on other | investment | |||||||||||||
| assets | 8,051 | 8,051 | 1,376 | 1,376 | |||||||||||
| 8. | Net income | ||||||||||||||
| Net income is | stated after | charging/(crediting): | |||||||||||||
| 2022 | 2021 | ||||||||||||||
| Depreciation | oftangible | fixed assets | 15,104 | 8,813 | |||||||||||
| 9. | Independent | examination | fees | ||||||||||||
| 2022 | 2021 | ||||||||||||||
| F | |||||||||||||||
| Fees payable | to the independent | examiner for: | |||||||||||||
| Independent | examination | ofthe financial statements | 1,200 | 1,200 | |||||||||||
| 10. | Staffcosts | ||||||||||||||
| The total staff | costs and | employee | benefits for | the reporting | period are analysed as | follows: | |||||||||
| 2022 | 2021 | ||||||||||||||
| F | |||||||||||||||
| Wages and salaries | 253,064 | 218,110 | |||||||||||||
| The average | head count | of | employees | during | the year | was | 30(2021:28). |
| Tangible fixed assets | ||||
|---|---|---|---|---|
| Freehold | Fixtures and | Motor | ||
| property | fittings | vehicles | Total | |
| Cost | ||||
| At 1 April 2021 Additions |
995,030 360,287 |
90,194 45,817 |
31,277 | 1,116,501 406,104 |
| Disposals | (10,820) | (10,820) | ||
| At 31 March 2022 | 1,355,317 | 136,011 | 20,457 | 1,511,785 |
| Depreciation At 1 April 2021 Charge for the year Disposals |
75,513 12,100 |
10,707 3,004 (5,271) |
86,220 15,104 (5,271) |
|
| At 31 March 2022 | 87,613 | 8,440 | 96,053 | |
| Carrying amount At 31 March 2022 |
1,355,317 | 48,398 | 12,017 | 1,415,732 |
| At 31 March 2021 | 995,030 | 14,681 | 20,570 | 1,030,281 |
| 2022 | 2021 | ||
|---|---|---|---|
| Bank loans and overdrafts | 130,666 | 139,857 | |
| Accruals and deferred | income | 1,200 | 1,200 |
| Social security and other taxes | 3,733 | 3,658 | |
| Other creditors | 5,833 | ||
| 141,432 | 144,715 |
| At | Gains and | At | |||||
|---|---|---|---|---|---|---|---|
| 1 | April 2021 f |
Income | Expenditure F |
losses 31 March 2022 | |||
| General | funds | 1,575,467 | 690,632 | (600,901) | 8,051 | 1,673,249 | |
| At | Gains and | At | |||||
| 1 | April 2020 f |
Income | Expenditure | losses 31 March 2021 | |||
| General | funds | 1,281,399 | 901,598 | (608,906) | 1,376 | 1,575,467 |
| Analysis ofnet as | sets between funds | ||
|---|---|---|---|
| Unrestricted | Total Funds | ||
| Funds | 2022 | ||
| Tangible fixed assets | 1,415,733 | 1,415,733 | |
| Current assets | 398,949 | 398,949 | |
| Creditors less than | 1 year | (141,433) | (141,433) |
| Net assets | 1,673,249 | 1,673,249 | |
| Unrestricted | Total Funds | ||
| Funds | 2021 | ||
| Tangible fixed assets | 1,030,281 | 1,030,281 | |
| Current assets | 689,901 | 689,901 | |
| Creditors less than | 1 year | (144,715) | (144,715) |
| Net assets | 1,575,467 | 1,575,467 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Income and endowments | ||||||
| Donations and legacies |
||||||
| Donations | 205,138 | 194,249 | ||||
| Funeral services | 174,996 | 308,945 | ||||
| Parents contributions and school fees |
113,128 | 48,601 | ||||
| Local authority grants |
144,620 | 310,423 | ||||
| 637,882 | 862,218 | |||||
| Investment income |
||||||
| Income from investment | properties | 52,750 | 39,380 | |||
| Total income | 690,632 | 901,598 | ||||
| Expenditure | ||||||
| Expenditure on charitable |
activities | |||||
| Ghousia funeral services | 169,501 | 245,071 | ||||
| Wages and salaries Rent |
253,064 38,900 |
218,110 40,800 |
||||
| Rates and water | 5,793 | 5,650 | ||||
| Light and heat | 12,383 | 13,979 | ||||
| Repairs and maintenance | 35,498 | 24,126 | ||||
| Insurance | 4,690 | 6,230 | ||||
| Motor vehicle expenses Legal and professional |
fees | 5,001 6,771 |
1,854 6,898 |
|||
| Telephone | 6,900 | 4,923 | ||||
| Cleaning Depreciation |
473 15,104 |
1,228 8,813 |
||||
| Other interest payable | and similar | charges | 5,000 | 6,367 | ||
| Printing, postage and stationery Mehria school student needs |
9,696 7,336 |
3,890 4,933 |
||||
| Advertising | 1,491 | 4,698 | ||||
| Seminars, functions and |
events | 15,935 | 3,020 | |||
| Sundries and subscriptions |
7,365 | 8,316 | ||||
| 600,901 | 608,906 | |||||
| Total expenditure | 600,901 | 608,906 | ||||
| Net gains on investments Gains/(losses) on other investment |
assets | 8,051 | 1,376 | |||
| Net income | 97,782 | 294,068 |