| Contents | ||
|---|---|---|
| Legal and administrative | information | |
| Trustees report | 2-3 | |
| Indipendant examiners |
report | |
| Statement offinancial activities | ||
| Income and expenditure | account | |
| Balance Sheet | ||
| Notes ofFinancial statements | 9-12 |
| INCOME | ||||
|---|---|---|---|---|
| Membership Fees |
13,280 | |||
| Misc Donations | 31170 | |||
| Jumma Collections |
50230 | |||
| Funeral Collections | 25885 | |||
| Eid Collections | 8774 | |||
| Sports Centre Rent | 5000 | |||
| Madhressa Teaching Fees |
58,697 | |||
| 193,036 | ||||
| LESSOVERHEADS: | ||||
| Wages | 72195 | |||
| Premises Costs: | ||||
| Light and Heat | 7569 | |||
| Water | 1962 | |||
| Insurance | 1964 | 11,495 | ||
| Repairs and Renewals | 3756 | |||
| Administration Costs: |
||||
| Telephone | 1029 | |||
| Printing, Stationery |
and Other Office Expenses | 30 | ||
| Broadband (Madhressa) |
600 | |||
| My Mosque App | 270 | |||
| Ofcom - Radio Licence | 75 | 2,004 | ||
| Funding Special Events |
1148 | |||
| Funeral Costs (inc car expenses) | 4144 | |||
| Transmitter Radios |
955 | |||
| Professional Fees |
386 | |||
| Bank Charges | 258 | |||
| Depreciation/ Less Profit on sale of Funeral Car |
3889 | |||
| Sundry Expenses | 145 | |||
| 100,3?5 | ||||
| NET INCOME FOR THE YEAR | 92,661 |
| FIXEDASSETS | FIXEDASSETS | FIXEDASSETS | ||
|---|---|---|---|---|
| Freehold Property - B/Fwd at cost inc Improvements |
1,279,275 | |||
| Add: Improvements |
during the | year | 40,150 | 1,319,425 |
| Fixtures, Fittings and |
Equipment | - B/Fwd at NBV | 9091 | |
| Additions this ear - at cost |
3125 | |||
| Less Depreciation | -2200 | 10,016 | ||
| Motor Vehicle (Funeral Car) - B/fwd at NBV | 334 | |||
| Less Dis osal: Proceeds | -1000 | |||
| Profit to Income 8 Expenditure | Account | 666 | ||
| Funeral Car - at Cost | 15700 | |||
| Less Depreciation | -2355 | 13,345 | ||
| 1,342,786 | ||||
| CURRENT ASSETS | ||||
| Reserve A/c | 9,981 | |||
| Cash at Bank | 403,371 | |||
| 413,352 | ||||
| LESSCURRENT LIABILITIES | ||||
| Sundry Creditors | 6,235 | 407,117 | ||
| NET ASSETS | 1,749,903 |
| Financed by: |
|
|---|---|
| CAPITAL ACCOUNT | |
| Balance B/fwd | 1,657,242 |
| Add: Net Income for the year |
92,661 |
| Balance C/Fwd | 1,749,903 |
| SOURCES OF FUNDS | ||||
|---|---|---|---|---|
| Net Income for the year —as per accounts |
92,661 | |||
| Add Items not affecting cash flow: |
Depreciation | 3,889 | ||
| Add Increase in Creditors (net) |
5,406 | |||
| 101,956 | ||||
| APPLICATION OF FUNDS |
||||
| Improvements to property |
40,150 | |||
| Addition to Fixtures and Fittings |
3,125 | |||
| Funeral Car replaced (net) |
14,700 | -57,975 | ||
| NET CASH FLOW —Surplus |
43,981 | |||
| Represented by Increase in cash held: |
||||
| Cash and Bank balances at end ofthe | year | 413,352 | ||
| Cash and Bank balances at beginning | ofthe year | 369,371 | 43,981 |