##
##
|||Page|
|---|---|---|
|Legal and administrative|information||
|Trustees report||2-3|
|Independent
examiners|report||
|Statement offinancial activities|||
|Balance sheet|||
|Notes to the financial statements||7-19|
##
##
##
##
##
##
##
|Yusuf Abadmohmed
Ghodiwala|Yusuf Abadmohmed
Ghodiwala|
|---|---|
|Mustak Moharned
Patel||
|lshmail Abbas Bax||
|Muhammed
Hanif Omar||
|Mustak Mohamed
Patel||
|Mustak Mohamed
Patel||
|llyas Patel (Accountants)|Limited|
|Chartered
Certified Accountants||
|Solomon House, Belgrave|Court|
|Fulwood||
|Preston||
|Lancashire||
|PR2 9PL||
##
##
##
##
##
##
##
##
##
##
##
##
|||The Preston|The Preston|The Preston|Muslim Society|Muslim Society|Muslim Society|- Quwwatul
Islam|Masjid|Charity|No|(if||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||any)|||700936|||
||||||||Annual accounts||for the|eriod||||CC~7a||
|||Period||start date||||01/04/2020|To|Period|end date||31/03/2021|||
|o
s||||||||||||||||
|~||||||||||||||||
||||||||||Restricted|||||||
|Recommended|||Details ofown|||||Unrestricted|income|Endowment|||Total this|Total last||
|categories
by activity||||analysis|||z|funds|funds|funds|||year|year||
||||||||||||||F|||
|Incoming resources (Note 3
Incoming resources from||||||||F01|F02|F03|||F04|F05||
|generated
funds||||||||||||||||
|VoIuniary
income||||||||455,928|||||455,928|473,636||
|Activities for generating
funds||||||||||||||||
|Investment
income||||||||||||||||
|incoming resources
from||||||||||||||||
|charitable
activities||||Gift Aid||||||||||||
|Other incoming resources||||||||12,635|||||12635|||
|Totalincoming resources|||||||sos|468563|||||468563|473|636|
|Resources expended|(Notes||4-8|||||||||||||
|Costs of Generating
Funds||||||||||||||||
|Costs ofgenerating
voluntary
income|||||||S07|337,893|||||337,893|361,808||
|Fundraising
trading costs||||||||||||||||
||||||||SOB|||||||||
|Investment
management
costs||||||||||||||||
|Charitable
activities|||||||S10|62,861|||||62,861||300|
|Governance
costs|||||||S11|2859|||||2859|5,343||
|Other resources
expended|||||||S12|||||||||
|Total resources expended|||||||s13|403613|||||403613|367,451||
|Netincomingl(outgoing)|||resources|||before||||||||||
||||||transfers||s14|64950|||||64,950|106,185||
|Gross transfers
between||funds|||||S15|||||||||
|Net incomingl(outgoing)|resources before|||||other||||||||||
|recognised||||gains/(losses)|||s15|64950|||||64,950|106|185|
|Other recognised
gains/(losses)||||||||||||||||
|Gains and losses on revaluation|||of|fixed|assets|||||||||||
|for the charity's
own use|||||||S17|||||||||
|Funds Transferred
ToThe Preston
Society Charity Number 1158609|||||Muslim||S18|43,645|||||43,645|3,373,752||
|Net movement|||in fundsin|||year|s19|108595|||||108595|3,267|567|
|Total funds brought
forward|||||||S20|154283|||||154283|3,421,850||
|Total|funds||carried||forward||s21|262 878|||||262,878|154,283||
##
##
##
|Note 2|||Accounting
policies|Accounting
policies|Accounting
policies|||
|---|---|---|---|---|---|---|---|
|This standard list of||accounting|||policies has been applied by the charity except lbr those deleted.
Where a different||or|
|additional
policy has||been adopted then this is detailedin
the box below.||||||
|INCOMING RESOURCES||||||||
|Recognition|ofincoming||||These are included
in the Statement
of Financial Activities (SoFA)when:|||
|resources|||||~
the charity becomes entitled to the resources;|||
||||||~
the trustees are virtually
certain they will receive the resources; and|||
||||||~
the monetary
value can be measured
with sufficient
reliability.|||
|Incoming resources||with|||Where
incoming
resources have related expenditure
(as with fundraising
orcontract income) the|||
|related expenditure|||||incoming
resources and related expenditure
are reported
gross in the SoFA.|||
|Grants and|donations||||Grants and donations
are only included
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 at 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||||||
|Gifts in kind|||||Gifts in kind are accounted
for at a reasonable
estimate of their value to the charity or the
actually realised.||amount|
||||||Gifts in kind forsale 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|||facilities||These are only included
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 ofthe service or facility received.|||
|Volunteer
help|||||The value of any voluntary
help received
is not included
in the accounts but is described
trustees'
annual
report.||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 ofthe year.|||
|EXPENDITURE||AND||LIABILITIES||||
|Liability 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 ofthe preparation
and examination
ofstatutory
accounts, the costs oftrustee|||
||||||meetings
and cost ofany 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 ofservice or|||
|conditions|||||output to be provided,
such grants are only recognised
in the SoFA once the recipient of||the grant|
||||||has provided
the specified 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 ofthe charity.|||
|Support Costs|||||Support costs include central functions
and have been allocated to activity cost categories||on a|
||||||basis consistent
with the use of resources, eg allocating
property costs by floor areas, orper|||
||||||capita, staff costs by the time spent and other costs by their usage.|||
|ASSETS||||||||
|Tangible fixed assets||for use|||These are capitalised
ifthey can be used for more than one year, and cost at least F500. They|||
|by charity|||||are valued
at cost ora 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 lower ofcost or market value.|||
|POLICIES ADOPTED||||||||
|ADDITIONAL|||TO OR|||||
|DIFFERENT FROM|||THOSE|||||
||||ABOVE|||||
##
|Incoming|resources may|be furt|her analy|sedif
this would h|elp the rea|der ofthe accou|nts.||
|---|---|---|---|---|---|---|---|---|
||||||||This year|Last year|
|||||Anal|sis|||f.|
|Voluntary|income||Annual|Donations|||||
||||Jumma|Lillah Donations|||||
||||Nikhah|Donations|||||
||||Standing|Order Donations|||||
||||Nursery|Income|||455,928|473,636|
|||||||Total|455,928|473636|
|Activities|for generating|funds|Income|from UK investment|properties||||
|||||||Total|||
|Investment|income||Bank interest receivable||||||
|||||||Total|||
|Incoming|resources from||HMRC Gift Aid||||||
|charitable|activities||||||||
|||||||Total|||
|Other Income Resources|||Grant from Government||||12,635||
|||||||Total|12635||
|||||||Total Income|468,563|473,636|
|||||||||This year|Last year|
|---|---|---|---|---|---|---|---|---|---|
|||||||Anal sis||||
|||Nurser|-|Purchases|and|direct costs||12,685|22 062|
|||Nurser|-|Staff costs||||215579|221,555|
|||Nursery|-|Utilities||||4,821|6750|
|||Nurser|-|Rent||||96,663|100,000|
|||Nurser|-|Re airs &maintenance||||3218|7308|
|||Nurser|-|Tele hone||||742|796|
|||Nurser|-|Other office costs||||2383|1 447|
|||Nurser|-|Insurance||||1,796|1,887|
|||Nurser|-|Other||||||
||||||||Total|337893|361808|
|Fundraising|trading|||||||||
|costs||||||||||
||||||||Total|||
|Investment||||||||||
|management|costs|||||||||
||||||||Total|||
|||Donations||-Save our|world|||62650||
|||Nurser|-|Other Donations||||211|300|
||||||||Total|62 861|300|
|||Nurser|-|Accountanc||||2 163|938|
|||Nurser|-|Le al &Professional||||696|4405|
||||||||Total|2,859|5343|
||||||||Total Costs|403613|367451|
##
##
||||||Fundraising|activity|Charitable|Activity|Governance|Activity|Total|Cost|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Su|ort|cost|t|e|||||||||
|||||Total|||||||||
##
##
|provided b
box(es).|y your indepe|
ndent
examiner orau|
ditor.
If|noth|ing
was paid p|lease enter NONEin|the appropriate|
|---|---|---|---|---|---|---|---|
|||||||This year|Last year
f|
|Independent|examiner's|or auditors' fees for|reporting|on|the|||
|accounts||||||2163|938|
|Other fees|(for example:|advice, consultancy,|accountancy||services)|||
|paid to the|independent|examiner or auditor||||||
##
##
##
##
##
##
|es u
nts|nder|take|n.||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Grants to||Grants to||
||||||||institutions||individuals||
|Pur|ose|for|which|rants|made||Total amount|R|Total amount|K|
|||||||Total|||||
##
##
##
|Note 9|Tangible fixed assets|Tangible fixed assets|Tangible fixed assets|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Please complete this note||if|the charity has any tangible fixed||assets|||||||
|9.1Cost orvaluation||||||||||||
|||||Freehold
land|Other land &|Plant,||Fixtures,|Payments|on|Total|
|||||&buildings|buildings|machinery|and|fittings and|account|and||
|||||||motor vehicles||equipment|assets under|||
||||||||||construction|||
|Balance brought forward||||||||||||
|Additions||||||||||||
|Revaluations||||||||||||
|Transferred
ToThe Preston||Muslim Society||||||||||
|Charity
Number 1158609||||||||||||
|Balance carried forward||||||||||||
|9.2Accumulated
depreciation|||and impairment|provisions||||||||
||||Basis|SLor RB|SLor RB|RB||RB|SLor RB|||
||||Rate|||25%||25%||||
|Balance brought forward||||||||||||
|Depreciation
charge for|year|||||||||||
|Impairment
provisions||||||||||||
|Revaluations||||||||||||
|Transferred
ToThe Preston||Muslim Society||||||||||
|Charity
Number 1158609||||||||||||
|Balance carried forward||||||||||||
|9.3 Net book value||||||||||||
|Brought forward||||||||||||
|Carried forward||||||||||||
##
|Carrying
(market) value at beginning
ofyear|
|---|
|Add: additions
to investments
at cost|
|Less: disposals
at carrying
value|
|Add/(deduct):
net gain/(loss)
on revaluation|
|Carrying
(market) value at end ofyear|
##
|Analysis|ofinvestments|ofinvestments|||||||||10.2|10.3||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||Market value at|Income from||
||||||||||||year end|investments|for|
|||||||||||||the year||
|Investment||properties||||||||||||
|Investments||listed on a recognised|||stock exchange or|||held|in common|investment||||
|funds, open||ended investment||companies,|||unit trusts|orother 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||||||||||||||
##
##
##
##
|Please complete this note ift|Please complete this note ift|he charity has any|debtors or|re a me|nts.|nts.|||||
|---|---|---|---|---|---|---|---|---|---|---|
|Analysis ofdebtors||||Amounts|falling due
one year||within|Amounts
falling due after
more than one year|||
|||||This year
f||Last year
f||This year
f||Last year
f|
|Trade debtors|||||||||||
|Amounts
due|from subsidiary|and associated|||||||||
|undertakings|||||||||||
|Other debtors||||14|521||14753||||
|Prepayments|and accrued income||||300||||||
||||Total|14,821|||14,753||||
##
|||||Amounts|falling due|falling due|within|Amounts|falling due after|falling due after|
|---|---|---|---|---|---|---|---|---|---|---|
||||||one year|||more than||one year|
|||||This year
f||Last year
f||This year
f||Last year
f|
|Loans and overdrafts|||||||||||
|Trade creditors|||||331||357||||
|Amounts|due to subsidiary|and associated|undertakings||||||||
|Other creditors|||||||2,880||||
|Accruals|and deferred income|||101,155|||900||||
||||Total|101,486|||4,137||||
##
##
|~|restricted
inc|ome funds, includin|g
special trusts, ofthe charity (R).|
|---|---|---|---|
||Fund Name|Type PE, EE
orR|Purpose and Restrictions|
|Education|Centre|PE|For Building 8 Development
of Education Centre|
##
||||Fund|||||Fund|
|---|---|---|---|---|---|---|---|---|
||||balances|||||balances|
||||brought|Incoming|Outgoing||Gains and|carried|
||||forward|resources|resources|Transfers|losses|forward|
|Fund names|||||||||
|New Buildin|Fund||||||||
|Education Centre|||||||||
|||Total Funds|||||||
##
##
|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
Last year|
##
|||Name oftrustee or
connected
party|Name oftrustee or
connected
party|Legal authority|This year
Amount|Last year
owing|
|---|---|---|---|---|---|---|
|||||||f,|
|Due to trustees and|||||||
|related parties|||||||
|Due from trustees|and||||||
|related parties|||||||
|Name|ofthe|trustee or|||Description ofthe|This year|Last year|
|---|---|---|---|---|---|---|---|
||related|art|Relationshi|to charit|transaction
s|||
##