2021-04-05-accounts

			Page
Legal and admlnlslrallve	information
Trustees' annual report
Independent examiner's	report to the trustees ofPreston	Muslim Society
Statement of financial activities
Balance sheet
Notes to the accounts			8-9

							Restricted	Unrestricted	Total	Total
						Notes	funds	funds	2021	2020
							6	6	6	8
IncomIng resources
Donagons								104,738	104,738	127,374
Donations - restricted funds (Madrsssa conslrucgon)							244,168		244,166	573,639
Donations ~ restricted Lancashire		Teaching		Hospital
Donegons -restricted funds (PCC Covld Funding)							19,000		19,000
Donagons - Nursery (2Clarendon		Street)						16,000	15,000
Miscellaneous Income								16,310	16,310	18,926
Total Incoming resouroes							263,168	136,048	399,206	719,938
Resources oxpendsd
Wages, salaries snd other	staff costs							35,462	35,462	38,763
Rent, rates, power end Insurance		costs						19,175	19,175	44,334
Telephone, fax, stationery	snd other office costs							1,643	1,643	2,579
Building repairs								15,432	16,432	3,491
Nursery Expenses
Audit fess								1,216	1,216	699
Expenses - Restricted Funds (Msdrssss Consliucgon) General expenses								3,294	211,798 3,294,4,877
Total resources expsnoeu								78r222	/8;222	308,431
Net Incoming/(outgoing)	resources		before				263,168	59,826	322,984	413,507
transfers
Transfers behveen funds	(Purchase		Cost	of Properties	Demolished)					(361,269)
Net movement In funds							283,168	59,826	322,984	52,238
Fund balances brought forward at		1 April				7	637,066	1,356,724	1,892,790	1,840,662
Fund balances csnled forward at		31 March				7	800 224	1 416550	2,216774	1,692,790	(

The Preston Muslim Balance Sheet as at 6April 2021	Society-Jam	ea Masjid	Preston
		Notes		2021		2020
				8		6
Fixed assets
Other fixed assets				1,671,137		1,147,137
Current assets
Unrestricted
Cash In hand			6,514		181
HSBC Current Bank Account			29,487		19,378
HSBC High Interest Bank Account			64,118		46,667
Treasurer Account			188,293		142,371
Restricted
Madressa construction	account		333,689		513,554
islamic Bank Account			2,049		2,026
Premium Business Bank Account			21,487		21,487
			644,637		745,653
Net current assets				644,837		745,653
Net assets				2215,774		1 552,755
Funds
Unrestricted funds				1,839,550		1,355,724
Restricted funds:-
-Madressa construction				357,224		637,066
- PCC Covld 19Funding				19,000
				2215774		1,892,790

com)ng re	sourc	es a	na	lysis
							2021	2020
							8
Donations
Box Fund							30,680	29,886
Bid Llllah							1,472	2,483
Jummah Llllah							22,808	28,352
Llllsh							1,631	10,637
Madressa							2,057	13,386
Madressa	Admission						1,646	2,010
Marriage							1,000	1,400
Membership							2,780	2,716
Ramadan							40,297	35,862
Safe Llllah							670	774
							~104738	127,374
Donstlone	- (Nursery		2 Clsrendon		St)
Nursery 2	Clsrendon		Street				16,000
							~15000
Donations	- restricted			funds (PCC	Covld	Funding)	19,000
							19,000
Donations	-restricted			funda (Madressa		Construction)
Msdressa	Construction						244,134	572,848
Madressa	Bank	Progt	Received				24	793
							~244 158	673,839
Mlsceganeous		Income
Bank Deposit Interest							34	131
GIRAid (Tax Refund on				Donagons)			16,078	18,134
Other Income							200	680
							~18310	~18925

6	Resources expondsd	analysis	analysis	analysis
							2021	2020
							E	E
	Unrestricted funds
	Wages, salaries and other staff costs
	National Insurance						1,203	858
	Wages						33,166	36,988
	Pensions						1,103 354sf	909 6753
	The average numbor		ofemployees		during	the year were	3.0	3.0
	No employee received		emoluments		ofmore than 560,000 In the year,
	Rent, rates, power and		Insurance costs
	Elscklcliy						8,036	15,593
	Oas						6,702	20,260
	Water Charges						3,998	4,629
	CoundlTsx							2,260
	Building Insurance						1,440	1,702
							19,176	44,334
	Telephone, fsx, stationery			and other	offlos costs
	Telephone						971	1,316
	Printing snd Stationery						672	V~26
							1,643	2,679
	Building repairs Building Repairs and Maintenance						~15432	~3491
	Accountancy						~1218	699
	Other expenses
	Bank charge						906
	Sundry expenses						2,388	723
	Affllla(ed Membership		Donations					25
	Madresah Prizes						3,294	4,129 ~4877
	Restricted funds
	Madresah Construction		Survey/Demolitlon			Fees		~211798

8	Other fixed	assets
										2021	2020
										E	E
	Mosque Building at Cost		[1984)							464,353	464,353
	2 Clarendon	Street (2014)								274,878	274,878
	85James Street [2003)									151,000	151,000
	121-127Oxford Street [2013[									288,908	268,908
	4 8 8 1012	1418Clarendon			Street	(2021	Expenditure)			424,000
										1 671,137	1 147 137
7	Funds
												(
									Income for	Expenses	At 6 April
						At	6April 2020	Transfers	the year	for the year	2021
	Unrestricted						1,356,724	424,000	138,048	(76,222)	1,839,660
	Restricted
	Madressa	construction					637,056	(424,000)	244,158		367,224
	PCC Covld 19Funding								19,000		19,000
							1 892 796		399299	~76 222	2 216,774
8	Madressa Construction		fund
										2021	2020
										E	E
	Madressa	Construction	fund		b/hvd					537,086	176,225
	Madressa	Construction	-	Donations						244,134	572,846
	Madrsssa	Bank Pro/It Received								24	793
										781,224	748,884
	Madressa	Construoilon	-	Funds distributed							211,796
	Fund transfers (Property			Construction)						(424,000)
	Madressa	Construction		fund C/fwd						367 224	637 660