2023-04-05-accounts

			Page
Legal and administrative		information
Trustees report			2-3
Independent examiners		report
Statement of financial	activities
Balance sheet
Notes to the financial	statements		7-19

			Preston	Preston	Muslim Somety -	Muslim Somety -	James	Mas/id	Mas/id		Chanty	Chanty	No	(If
											an	)			515749
							Annual		accounts	for the	eriod					CC17a
			Penod start date						06/04/2022	To	Period		end date,		05/04/2023
Recommended categories by activity			Details		of own analysis				Unrestricted funds	Restricted income funds	Endowment funds				Total this year	Last year
										f			E
Incoming resources		(Note 3)							F01	F02		F03			F04	F05
Incoming resowces	from
generated funds
Voluntary Income							601		172,279	541,353					713,632	738,912
Acgvltlec fcr SAAcrsgAS	furdc
Investment Income									10,260						10,260	9,000
Incoming resources	from Acorn
charitable activities
Other Incoming resources									17158						17158	22604
		Total incoming				resources	666		199,697	541,353					741,050	770,516
Resources expended		(Notes		4-8)
Costs of Generating	Funds
Costs ofgener as Ag v du Afary I		e							117,277						117,277	106,857
FAAdralcfng Iran ng crete										25,123					25,123
Invecfmcllt mBAAgrmem	costs
Charitable activities							610
Governance costs							611		2,010						2,010	840
Other resowces expended							612
		Total resources				expended	sfs		119,287	25,123					144,410	107,697
Net incoming/(outgoing)		resources			before transfers		sfg		80,410	516,230					596,640	662,819
Gross transfers	between		funds				615			(1,503,085)		1,503,085
Nef incoming/(outgoing)			resources before other recogn/sed gains/(losses)				616		80,410	(986,855)		1,503,085			596,640	662,819
Other recognised gains/(losses)
Gains and losses	on revaluation			of ffxed assets for the			617
charity's own use
Funds transferred	from						616
			Net movementin funds				sfg		80,410	(986,855)		1,503,085			596,640	662,819
Total funds brought		forward					S20		1,891,739	986,855					2,878,594	2,215,775
		Total funds carried forward					szf		1,972,149			1,503,085			3,475,234	2,878,594

					Unrestricted funds	Restricted Income funds		Endowment funds	Endowment funds	Total this year	Total this year	Total last year
						9
Fixed assets					F01	F02		F03			F04	F05
Tangible assets			(Note 9)		872,259			1,224,	000	2,096,259		1,946,259
Investments			(Note 10)	B03	274,878						274,878	274,878
			Total fixed assets		1 147 137			1,224	000	2	371,137	2 221 137
Current assets
Stock and work in progress
Debtors		(Note 11)
(Short term) investments
Cash at bank and in hand					826212			279085		1	105297	657457
		Total current assets			826212			279,085		1	105297	657457
Creditors: one year	amounts falling due within (Note 12)			810	1,200						1,200
	Net current		assets/(liabilities)		825012			279085		1	104097	657457
Total assets		less	current liabilities		1,972 149			1 503085		3475 234		2,878 594
Creditors:	amounts	falling due after one		813
year	(Note	12)
Provisions	for liabilities		and charges	814
			Net assets	818	1 972 149			1 503085		3	475 234	2 878 594
Funds ofthe Charity
Unrestricted	funds			818	1,972,149					1,972,149		1,891,739
				Bn
Restricted	income funds		(Note 13)	B18								986,855
Endowment	funds	(Note	13)	B19				1,503,085		1,503,085
			Total funds		1 972 149		0	1 503085		3	475 234	2 878 594
Signed by one or two the trustees		trustees on behalf of all			Signature	4		Print		Name		Date of approval
									Fa	az Ali		05/09/2023

Note 2				Accounting policies	Accounting policies	Accounting policies
This standard list of		accoundng				policies has been applied by the charily except for	those deiefed.		Where a different			or
additional policy has		been			adopted then this is detaffed in the box below.
INCOMING RESOURCES
Recognltlon	of incominq					These are included in the Statement of Financial Activities (SoFA) when:
resources						~ the charity becomes entitled to the resoumes;
						the trustees are virtually certain thev will receive the resources,		and
						the monetarv value can be measured with sufficient reliability.
Incoming resources		with				Where incoming resources have related expenditure (as with fundraising			or contract income) the
related expenditure						incoming resources and related expenditure are reported gross in the SoFA.
Grants and	donations					Grants and donations are only induded in the SoFA when the charity has unconditional
						entitlement to the resources.
Tax reclaims on donations					and	Incoming resources from tax reclaims are included in the SoFA al the same time as the					gift to
gifts						which they relate.
Contractual	Income and					This is only included in the SoFA once the related goods or services		have been delivered.
performance	related	grants
Giffs in kind						Gifts in kind are accounted for at a reasonable estimate actually realised.	of their value to the charity or			the		amount
						Gifts in kind for sale or distribution are included in the accounts as gifts			only when sold or
						distributed by the charity.
						Gifts in kind for use by the charity are included in the SoFA as incoming			resources when
						receivable.
Donated services and			facfflties			These are only induded in incoming resources (with an	equivalent amount in resources				expended)
						where the benefit to the charity is reasonably quantifiable, measurable			and material.	The		value
						placed on these resources is the estimated value to the charity of the service or facility				received
Volunteer help						The value of any voluntary help received is not included trustees' annual report.	in the accounts		but is described			in the
Investment	Income					This is included in the accounts when receivable.
Investment	gains and		losses			This includes any gain or loss on the sale of investments	and any gain		or loss resulting		from
						revaluing investments to market value at the end of the	year.
EXPENDITURE AND					LIABILITIES
Liabfflty recognition						Liabilities are recognised as soon as there is a legal or	constructive	obligation committing				the
						charity to pay out resources.
Governance	costs					Include costs of the preparation and examination of statutory accounts,			the costs of trustee
						meetings and cost of any legal advice to trustees on governance or		constitutional matters.
Grants with	performance					Where the charity gives a grant with conditions for its payment being		a specific level of service or
conditions						output to be provided, such grants are only recognised	in the SoFA	once the recipient		of		the grant
						has provided the speciTied service or output.
Grants payable without						These are only recognised in the accounts when a commitment has		been made and there				are no
performance	conditions					conditions to be met relating to the grant which remain	in the control	of	the charity.
Support Costs						Support costs include central functions and have been	allocated to	activity cost categories				on a
						basis consistent with the use ofresources, eg allocating	property costs		by floor areas,	or per
						capita, staff costs by the time spent and other costs by	their usage.
ASSETS
Tangible fixed assets		for		use		These are capitalised if they can be used for more than	one year, and cost at least f500. They
by charity						are valued at cost or a reasonable value on receipt.
Investments						Investments quoted on a recognised stock exchange are valued at		market value at the			year end
						Other investment assets are included at trustees' best estimate of market value.
Stocks and	work in progress					These are valued at the lowerof cost or market value.
POLICIES ADOPTED
ADDITIONAL			TO		OR
DIFFERENT FROM			THOSE
			ABOVE

Incoming	res	ources may	be fur	ther analyse	d Ifthis	would h	elp	the	reader of	the accou	nts.
											This year	Last year
						Anal	sis				F	6
Unrestricted		income		Box Fund							55920	29755
				Eid Lillah							3,114	2 865
				Jummah	Lillah						33,565	35,469
				Lillah							1 168	1 788
				Madresah							4490	2,462
				Madresah	Admission						2010	1 380
				Marriage							1 800	1 150
				Membership							3860	2 705
				Ramadan							65073	42 460
				Safe Lillah							1 279	997
										Total	172,279	121031
Restricted	income			Madresah	Construction						541,325	617861
				Bank De	osit Profit						28	20
										Total	541 353	617881
Activities	for	generating	funds
										Total
Investment	income			Nursery Donations		2 Clarendon		St.	Rent		10260	9000
										Total	10260	9000
Incoming	resources from
charitable	activities
										Total
Other Income		Resources		Bank Deposit Interest							310
(Unrestricted)				Gift Aid Tax Refund		on Donations)					15732	22 290
				Other Income							1 116	306
										Total	17158	22 604
									Total	Income	741,050	770,516

Resources		expended	may be fur	the	r analysed	ifthis would help the	reader ofthe acco	unts.
								This year	Last year
						Anal sis		F	E
Costs of generating			Electricity					21 664	4887
voluntary	income		Gas					29586	3,457
			Cleaning					498	4986
			Water					4,253	4,394
			Buildin	Insurance				1 401	1 554
			Tele hone		& Internet			1 333	1 146
			Printin	and Stationer				920	2 281
			Buildin	Re airs &Maintenance				18756	36067
			Bank Char		es			1 867	835
			Sundr	Ex	enses			3,134	984
			Affiliated	Membershi		Donations		510	200
			Madresah		Prizes			3200	8400
							Total	87 122	69 191
Fundraising		trading	Fundraiser		costs - Restricted funds s ent			25 123
costs
							Total	25 123
Investment
management		costs
							Total
Charitable	activities
							Total
Governance		costs	Accountanc					2 010	840
			Le al 8	Professional
							Total	2010
							Total Costs	114255	70031

					Fundraising	activity	Charitable	Activity	Governance	Activity	Total	Cost
Su	ort	cost	t	e	f		f		f
				Total

box(es).
							This year	Last year
							f	F
independent	examiner's	or auditors'	fees for	reporting	on	the
accounts							2010	840
Other fees	(for example:	advice, consultancy,		accountancy		services)
paid to the	independent	examiner or	auditor

7.1 Staff C	osts
									This year	Last year
									8	E
Gross wages, salaries and benefits					in kind				29,640	27,798
Employer's	National	Insurance		costs
Pension costs									515	460
							Total staff	costs	30,155	28,258
7.2 Average	number	of	full-time	equivalent		employees	in the year		This year Number	Last year Number
The parts of the charity			in which the			illldtm
employees	work					Ch u sabir" s( iw&I~as
						G»ov, ' r i ia f Ice
						Gil!er
								Total

es nts	under	take	n.
						Grants to	Grants to
						Institutions	Individuals
Pur	ose	for	which	rants	made	Total amount f	Total amount f

					~	~		~	~		~	wsttm~~~~&stmts
	~	~	~									I Ill	IIII
~		~	~
								~	~		~	~atREI~~~~~ICRKI
												~Imli%WMIIR~~ SI5%8
					~	~		~	~		~
~		~				~			~	~
							~	~	~
~		~	~
								~	~		~
		~	~ '	~	~ ~			~				MIIIRlil~~~~MRIm ~RKI~~~~~RRI

Carrying (market) value at beginning ofyear			274,878
Add: additions lo investments at cost transfer	from charity	number 700936
Less: disposals at carrying value
Add/(deduct): net gain/(loss) on revaluation
Carrying (market) value at end ofyear			274,878

Analysis	ofinvestments	ofinvestments									10.2	10.3	10.3
											Market value at	Income	from
											year end	investments		for
												the year
												f
Investment		properties									274,878		10,260
Investments		listed on a recognised			stock exchange or			held	In common	investment
funds, open		ended investment		companies,			unit trusts	or other collective
investment		schemes
Investments		in subsidiary	or connected			undertakings		and companies
Securities	not listed on a		recognised		Stock Exchange
Cash held	as part ofthe investment				portfolio
Other investments
										Total	274,878		10,260

Please complete this	Please complete this	notei	f t	he c	harity has	any	debtors or re a m	debtors or re a m	ents.	ents.
Analysis of debtors							Amounts		falling due one year		within	Amounts falling due after more than one year
							This	year		Last year f		This year E	Last year f
Trade debtors
Amounts due	from subsidiary			and associated
undertakings
Other debtors
Prepayments	and accrued income
							Total
Note 12		Creditors			and accruals
Please complete this		noteif the charity has				any	creditors or accruals.
12.1 Analysis	of creditors
							Amounts		falling due		within	Amounts	falling due after
									one year			more than one year
							This year F			Last year F		This year f	Last year
Loans and overdrafts
Trade creditors
Amounts due	to subsidiary		and associated			undertakings
Other creditors
Accruals and	deferred	income						1	200
							Total	1,200

				Fund					Fund
				balances					balances
				brought	incoming	Outgoing		Gains and	carried
Fund	names			forward f	resources f	resources E	Transfers E	losses f	forward f
		Total	Funds

Please giv	e detai	ls ofany	transfers between funds.	transfers between funds.
From	Fund	Name	To Fund Name)				Reason		Amount
Madresah	Construction-		Madresah	Construction-	Demolishing	and	construction	of new	1,503,085
Restricted	Funds		Endowment	Funds	Madresah	building

parti	es	by the	cha	rity orany	institution	orcompany connected with it.
							Amounts paid or benefit value
Name	of	trustee	or	connected	party	Legal authority (eg order, governing document)	This year f Last year f

						Amount	owing
			Name oftrustee or connected party		Legal authority	This year E	Last year F
Due to trustees	and
related parties
Due from trustees		and
related parties

has a	materia	linterest.
Name	ofthe	trustee or			Description	of the	This year	Last year
	related	art	Reiationshi	to charit	transaction	s	E