THE SIMLAK MUSLIM WELFARE SOCIErY OLD BANK BUSINESS CENTRE 43-45 CHURCH STREET DARLAsfoN WEsf MIDLANDS WSIO 8DU Chari re istr tion number: 26022 ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 ASB ACCOUNTANCY LTD 1st Floor 305 Birchfield Road Perry Barr Birmingham B20 3BX THE SIMLAK MUSLIM WELFARE SOCIETY CONTENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 Page Trustees, report Independent Examiner's Report Income and Expenditure Account Balan￿ Sheet Notes to the Financlal Statements THE SIMLAK MUSLIM WELFARE SOCIETY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 The trustees have pleasure in presenting their report and the flnancial statements for the charity for the year ended 31 De￿rnber 2023. The charity trustees are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Stsndards. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial posits'on of the charity and to enable them to ensure that the financial statements comply with the Charities Att 2011, the applicable Charities (Accounts and Reports) Regulations, and the provislons of the Trust deed. The Trustees are also responslble for safeguarding the assets of the charity and hence tsking reasonable steps for the prevention and detettlon of fraud and other Irregularities. EFERE Registered Charity Number: 326022 Registered Offlce: Old Bank Business Centre 43-45 Church Street Darlaston West Midlands WSIO 8DU Trustees: Mr A I Lakhl Mr H Motara Mr Habib Motara Mr Hussain Mem Mr N Nana Governlng document The charity Is reglstered with the charity commission on 18 Aprll 1983 under charlty number 326022. It Is ?overned by trust deed dated 18 September 1983. Charitable objerts: To relieve poverty, sickness, distress and advance education and other charitsble purposes for the benefit of the village of Simlak in Endia and to help persons in ne￿SsIt0uS Clrcumstsn￿S who descend from any indigenous Inhabitants of the said village of Simlak. Risk management: The trustees have a duty to identify and review the risks to whlch the charity is exposed and to ensure appropriate controls are in pla￿ to provide reasonable aSSu￿n￿ against fraud and error. Approved by order of the board of trustees on 09 May 202+and signed on Its behalf by: fvlr. A Hans Treasurer THE SIMLAK MUSLIM WELFARE SOCIETY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 I report on the accounts of the Trust for the year ended 31st December 2023, which are set out on pages 2 to 4. Res ective res onsibilities of trustees miner The charity's trustees are responsible for the preparation of the accounts. The charitys trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under sectlon 145 of the 2011 Act. to follow the pr￿dureS laid down in the General Direttions given by the Charity Commissioner under sectlon 145(5)(b) of the 2011 Act. and to state whether particular matters have come to my attention. Basis of inde endent examiners, re ort My examination was carried out in accordance with the General Direttions given by the Charlty Commissioners. An examination includes a review of the accountlng records kept by the charity and a comparison of the accounts presented with those records. It also includes conslderation of any unusual Items or disclosures In the accounts, and the seeking explanations from you as trustees concernlng such matters. The procedures undertaken do not provlde all the evidence that would be requlred in an audit and consequently no opinion Is glven as to whether the accounts present a 'true and falr view, and the report Is limited to those matters set out in the ststement below, Inde ent examiners, statement In connection with my examlnatlon, no matter has come to my attentlon en which glves me reasonable cause to believe that, in any material respect, the requirements: (a) to keep accounting records in accordance with settlon 130 of the 2011 act; and (b) to prepa￿ accounts which accord with the accounting records and to comply wlth the accounting requirements of the 2011 Act have not been met,. or to which, in my opinion, attention should be drawn In order to enable a proper understsnding of the accounts to be reached, A Bhayat Date: 09 May 2024 THE SIMLAK MUSLIM WELFARE SOCIETY INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31ST DECEMBER 2023 2023 2022 Income and endowments from: Member fees Donations Rent received 545 4,739 43,294 590 3,328 37,834 Total Income and endowments 48,578 41,752 Expenditure on Charitable activities: Dlrect Charitable expenditure Overseas Remittance Local Charitable Donations 9,329 45 18,197 180 9,374 18,377 Other expenditure Insurance Council Tax Repairs and Maintenance Office Rent Meeting Expense Printing, Postsge and Stationery Bank Charges Accountsncy Fees Legal Fees Sundry Expenses 1,695 25 2,622 1,500 348 63 70 120 3,204 85 1,013 24 8,490 1,440 300 266 45 120 85 9,732 11,783 ci Fixtures and Fittings 25 25 25 25 Total expenditure 19,131 30,185 Net income 29,447 11,567 THE SIMLAK MUSLIM WELFARE SOCIETY BALANCE SHEET AS AT 31ST DECEMBER 2023 2023 2022 Note Cost De Net Fixed Assets Freehold Properties Fixtures and Fittings 365,082 164 365,082 139 365,082 164 25 365,246 25 365,221 365,246 urrent A Balan￿ at Bank 33,165 33,165 62,637 Current Llabilities . Amounts due wl Sundry Creditors & Accruals hlna ear 120 120 Net Current Assets 62,517 33,045 Net Assets 427,738 398,291 ntLi Illtles . Am Interest Free Loans un after 427,738 398,291 inance Ca ital Account Opening Balance Add . Net Surplus for the year 398,291 29,447 386,724 11,567 427,738 398,291 Approved by the Board of TruSt￿S and signed on their behalf by: Mr A Hans Treasurer THE SIMLAK MUSLI WELFARE SOCIErY NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST ECE BER 2023 31 Ave Rd. 21 Cook 135 W'ton 103 W'ton 121 W'ton 174 W'ton 3 Gladstone st. St. Darlaston Darlaston Darlaston Darlaston Darlaston Darlaston Wednesbury Total Cost B/forward Addition Improvements Cost Qforward 28,120 34,505 22,600 52,728 78,792 60,895 87,442 365,082 28120 34505 22600 52728 78792 87 442 365,082