| Year ended | 31stJuly 2021 | Page | ||||
|---|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's report) | ||||
| Independent | examiner's report to the |
trustees | ||||
| Statement | offinancial activities |
(including | income and expenditure | account) | ||
| Statement | offinancial position |
|||||
| Notes to the financial statements |
| Reference | and adm | inistrative |
details | details |
|---|---|---|---|---|
| Registered | charity | name: | THE ESSEXJAMME MASJID TRUST LIMITED | |
| Charity registration | number: | 298705 | ||
| Company | registration number: |
2023311 | ||
| Principal office and | registered | office:48Chelmsford | Avenue | |
| Southend-on-Sea | ||||
| Essex |
| section 4ofthe Charities Act the Commission. |
section 4ofthe Charities Act the Commission. |
2006to have due regard to | 2006to have due regard to | public benefit gu |
|---|---|---|---|---|
| Company Secretary | Mohammed Sanaul |
Haque | ||
| Independent | Examiner | Mahbub | Murshed | FMAAT, ICPA,AFA |
| 388-390, | Romford | Road | ||
| London | ||||
| E7BBS |
| State | State | ment | ment | of Financial Activities | of Financial Activities | of Financial Activities | of Financial Activities | ||
|---|---|---|---|---|---|---|---|---|---|
| (including | income | and expenditure account) |
|||||||
| Year | ended 31stJuly | 2021 | |||||||
| 2021 | 2020 | ||||||||
| Unrestricted | Restricted | Total funds | Total funds | ||||||
| Fund | Fund | ||||||||
| Note | |||||||||
| Income and endowments | |||||||||
| Donations and legacies |
5 | 74,043 | 32,837 | 106,880 | 166,432 | ||||
| Charitable activities |
6 | 43,744 | 43,744 | 41,225 | |||||
| Investment income |
7 | 36,150 | 36,150 | 34,850 | |||||
| Grant | 36,461 | 36,461 | 39,311 | ||||||
| Total income | 153,937 | 69,298 | 223,235 | 281,818 | |||||
| Expenditure | |||||||||
| Expenditure on raising funds: |
|||||||||
| Costs of raising donations | and | ||||||||
| legacies | 8 | ||||||||
| Investment management costs 9 Expenditure on charitable activities 10,11 Total expenditure |
123327 ~123327 |
69298 ~69298 |
~192625 ~192625 |
204 123 ~204 123 |
|||||
| Net income | 30610 | ~30610 | 77695 | ||||||
| Other recognised gains |
and losses | ||||||||
| Gains from revaluation Net movement in funds |
of fixed | assets | 30,610 | 30,610 | 77,695 | ||||
| Reconciliation offunds |
|||||||||
| Total funds brought forward Total funds carried forward |
1011500 1,042,11D |
868 580 868,58D |
1880080 1,910,690 |
1802386 1,880,081 |
| St | atement | of Financial | Position | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 31July 2021 | |||||||||
| 2021 | 2020 | ||||||||
| Note | f | f | |||||||
| Fixed assets | |||||||||
| Tangible fixed assets | 16 | 1,180,610 | 1,132,111 | ||||||
| Investments | 17 | ~725 000 | ~725 000 | ||||||
| Total fixed assets | 1,905,610 | 1,857,111 | |||||||
| Current assets | |||||||||
| Debtors | 18 | ||||||||
| Cash at bank and in | hand | 37,534 | 64,610 | ||||||
| Creditors: amounts | falling | due within one | year | ||||||
| Other creditors including | taxation | and social security | 30,854 | 40,040 | |||||
| Accruals and deferred | income | ~1600 | 1600 | ||||||
| Total creditors | 2454 | 1640 | |||||||
| Net current assets | ~50 | ~22 970 | |||||||
| Total assets less current | liabilities | 1910690 | ~20881 | ||||||
| Net assets | ~220 690 | 1880 881 | |||||||
| Funds ofthe charity | |||||||||
| Restricted income funds: | |||||||||
| Revaluation | reserve | 15,411 | 15,411 | ||||||
| Other restricted | income funds | 853,169 | 853,169 | ||||||
| Unrestricted funds: |
|||||||||
| Revaluation | reserve | 189,349 | 189,349 | ||||||
| Other unrestricted | income | funds | 852261 | 822 152 |
| be a | member, a |
member, a |
n a | mount not |
exceedi | ng E100. | ||
|---|---|---|---|---|---|---|---|---|
| 5. | Donations | and | legacies | |||||
| Unrestricted | Total funds | Unrestricted | Total funds | |||||
| Fund | 2021 | Fund | 2020 | |||||
| E | E | |||||||
| Donations | ||||||||
| Appeals | 5 donations | 74,043 | 74,043 | 166,432 | 166,432 | |||
| Grants | ||||||||
| Security | donation | 36,461 | 36,461 | 39,311 | ||||
| 6. | Charitable | activities | ||||||
| Unrestricted | Total funds | Unrestricted | Total funds | |||||
| Fund | 2021 | Fund | 2020 | |||||
| E | 8 | E | ||||||
| Fees | for | educational | activities | 43,744 | 43,744 | 41,225 | 41,225 | |
| 7. | Investment | income | ||||||
| Unrestricted | Total funds | Unrestricted | Total funds | |||||
| Fund | 2020 | Fund | 2019 | |||||
| E | E | |||||||
| Income | from investment | |||||||
| properties | 36,150 | 36,150 | 34,850 | 34,850 | ||||
| Bank interest receivable | ||||||||
| 8. | Costs of raising donations and |
legacies | ||||||
| Unrestricted | Total funds | Unrestricted | Total funds | |||||
| Fund | 2019 | Fund | 2018 | |||||
| E | f | f | ||||||
| Hospitality Ik catering |
0.00 | 0.00 |
| Unrestricted | Total funds | Unrestricted | Total funds | |||||
|---|---|---|---|---|---|---|---|---|
| Fund | 2021 | Fund | 2020 | |||||
| f | f | E | E | |||||
| Property repairs and |
||||||||
| maintenance | charges | |||||||
| 10. Expenditure | on | charitable activities |
by fund type | |||||
| Unrestricted | Total funds | Unrestricted | Total funds | |||||
| Fund | 2021 | Fund | 2020 | |||||
| E | f | |||||||
| Mosque maintenance | ||||||||
| Ik upkeep | 50,855 | 50,855 | 157,140 | 157,140 | ||||
| Education Ik |
religious | service 60,782 |
35,293 | 35,293 | 35,293 | |||
| Humanitarian | Aid | and | Appeals | |||||
| Support costs | 11690 | ~11690 | 11690 | 11690 | ||||
| 123327 | 123327 | ~163 | 2 | ~163062 | ||||
| 11. Analysis | ofsupport costs | |||||||
| Mosque | Education | Total | Total | |||||
| Management | 2021 | 2020 | ||||||
| f | E | E | E | |||||
| Communications | and | IT | ||||||
| General office | 10,390 | 10,390 | 10,390 | |||||
| Finance costs | 1,300 | 1,300 | 1,300 | |||||
| Governance | costs | |||||||
| ~1690 | ~11690 | ~11690 | ||||||
| Support costs | are | allocated as appropriate | on basis ofstaff | time. floor area | and usage. |
| 12. Net inc | ome | ||
|---|---|---|---|
| Net income | is stated after charging/(crediting): | 2021 | 2020 |
| E | E | ||
| Depreciation | oftangible fixed assets | 9,270 | |
| 13. Independent examination fees |
|||
| 2021 | 2020 | ||
| E | E | ||
| Fees payable to the independent examiner for: Independent examination ofthe financial statements |
1,300 | 1,300 |
| 14.Staff costs | ||||
|---|---|---|---|---|
| The total staff costs and | employee | benefits for the reporting | period are analysed | as follows: |
| 2021 | 2020 | |||
| f | E | |||
| Wages and salaries Employer contributions |
to pension | plans | 108,355 710 109(Oi5 |
99,684 683 ~100367 |
| 16. Tangible fixed assets | 16. Tangible fixed assets | 16. Tangible fixed assets | |||||
|---|---|---|---|---|---|---|---|
| Freehold | Fixture | 84 | Equipment | Total | |||
| Property | Fittings | ||||||
| f | f | ||||||
| Cost | |||||||
| At 1st August 2020 | 1,132,110 | 1,132,110 | |||||
| Additions | 48,500 | 48,500 | |||||
| At 31stJuly 2021 | 1,180,610 | 1,180,610 | |||||
| Depreciation | |||||||
| At 1st August 2020 | |||||||
| Charge for the year | |||||||
| At 31stJuly 2021 | |||||||
| Carrying amount | |||||||
| At 31stJuly 2021 | 1180 610 | 1180610 | |||||
| AI3211 112020 | 1026023 | 8428 | 842 | 1046031 | |||
| 17.Investments | |||||||
| Investment | properties | ||||||
| f | |||||||
| Cost or valuation | |||||||
| At 1stAugust 2020 and | 31stJuly 2021 | 725,000 | |||||
| Impairment | |||||||
| At 1st August 2020 and | 31stJuly 2021 | ||||||
| Carrying amount | |||||||
| At 31stJuly 2021 | 725,000 | ||||||
| At 31stJuly 2020 | 725,000 | ||||||
| All investments shown |
above are held at valuation. | ||||||
| Investment properties |
|||||||
| Investment Properties |
held above is at valuation | by | Trustees. | ||||
| 18.Debtors | 2021 | 2020 | |||||
| f | f | ||||||
| Prepayments and accrued income |
| 2021 | 2020 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| f | f | |||||||||
| Social security and other taxes | 4,404 | 3,694 | ||||||||
| Pension Contributions | to Smart Pensions | 344 | 240 | |||||||
| Other creditors | ~26 106 ~30854 |
36106 ~40 |
||||||||
| 20.Pensions | and other | post retirement | benefits | |||||||
| Defined contribution | plans | |||||||||
| The amount | recognised | in income or expenditure | as | an expense | in | relation | to defined | |||
| contribution | plans was | f710(2020:f683). | ||||||||
| 21.Analysis | ofcharitable funds |
|||||||||
| Unrestricted | funds | |||||||||
| At 1"August | Gains | At 31" | ||||||||
| 2020 | Income | Expenditure | and Losses | July 2021 | ||||||
| f | f | f | f | |||||||
| General funds | 822,152 | 153,937 | (123,327) | 852,762 | ||||||
| Revaluation | reserve | 189349 | ~189349 | |||||||
| ~1011 IL1 | ~1937 | ~123327 | 1II42111 | |||||||
| Restricted | funds | |||||||||
| At 1"August | Gains | At 31" | ||||||||
| 2020 | Income | Expenditure | and Losses | July 2021 | ||||||
| f | f | f | f | |||||||
| General funds | 868,580 | 69,298 | (69,298) | 868,580 | ||||||
| Revaluation | reserve | |||||||||
| ~28 081 |
fj9298 | ~6298 | ~88 580 |
Total Fund 1,910,690