1 April 2023 0 02142791 ns1:FRS102 2023-04-01 2024-03-31 02142791 ns1:FullAccounts 2023-04-01 2024-03-31 02142791 ns1:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02142791 ns1:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 02142791 2023-04-01 2024-03-31 02142791 2024-03-31 02142791 2023-04-01 2024-03-31 02142791 ns1:Director1 2023-04-01 2024-03-31 02142791 ns1:Director2 2023-04-01 2024-03-31 02142791 ns1:Director3 2023-04-01 2024-03-31 02142791 ns1:Director4 2023-04-01 2024-03-31 02142791 ns1:Director5 2023-04-01 2024-03-31 02142791 ns1:Director6 2023-04-01 2024-03-31 02142791 ns1:Director7 2023-04-01 2024-03-31 02142791 ns1:Director8 2023-04-01 2024-03-31 02142791 ns1:Director9 2023-04-01 2024-03-31 02142791 ns1:Director10 2023-04-01 2024-03-31 02142791 ns1:Director11 2023-04-01 2024-03-31 02142791 ns1:Director12 2023-04-01 2024-03-31 02142791 ns1:Director13 2023-04-01 2024-03-31 02142791 ns1:Director14 2023-04-01 2024-03-31 02142791 ns1:Director15 2023-04-01 2024-03-31 02142791 ns1:Director16 2023-04-01 2024-03-31 02142791 ns1:Director17 2023-04-01 2024-03-31 02142791 ns1:Director18 2023-04-01 2024-03-31 02142791 ns1:Director19 2023-04-01 2024-03-31 02142791 ns1:Director20 2023-04-01 2024-03-31 02142791 ns1:RegisteredOffice 2023-04-01 2024-03-31 02142791 ns1:CompanySecretary1 2023-04-01 2024-03-31 02142791 ns3:FurnitureFittings 2024-03-31 02142791 ns3:LandBuildings ns3:OwnedOrFreeholdAssets 2024-03-31 02142791 ns3:LandBuildings ns3:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 02142791 ns3:LandBuildings ns3:LongLeaseholdAssets 2024-03-31 02142791 ns3:LandBuildings ns3:LongLeaseholdAssets 2023-04-01 2024-03-31 02142791 ns3:NetGoodwill 2024-03-31 02142791 ns3:NetGoodwill 2023-04-01 2024-03-31 02142791 ns1:OrdinaryShareClass1 2024-03-31 02142791 ns1:OrdinaryShareClass2 2024-03-31 02142791 ns1:OrdinaryShareClass3 2024-03-31 02142791 ns3:IntangibleAssetsOtherThanGoodwill 2024-03-31 02142791 ns3:IntangibleAssetsOtherThanGoodwill 2023-04-01 2024-03-31 02142791 ns3:PlantMachinery 2023-04-01 2024-03-31 02142791 ns3:PlantMachinery 2024-03-31 02142791 ns1:PreferenceShareClass1 2024-03-31 02142791 ns1:PreferenceShareClass2 2024-03-31 02142791 ns3:LandBuildings ns3:ShortLeaseholdAssets 2024-03-31 02142791 ns3:LandBuildings ns3:ShortLeaseholdAssets 2023-04-01 2024-03-31 02142791 ns3:Vehicles 2024-03-31 02142791 ns3:Vehicles 2023-04-01 2024-03-31 02142791 ns3:FurnitureFittings 2023-04-01 2024-03-31 02142791 2023-04-01 02142791 2024-03-31 02142791 2024-03-31 02142791 ns3:FurnitureFittings 2023-03-31 02142791 ns3:LandBuildings ns3:OwnedOrFreeholdAssets 2023-03-31 02142791 ns3:LandBuildings ns3:LongLeaseholdAssets 2023-03-31 02142791 ns3:NetGoodwill 2023-03-31 02142791 ns3:IntangibleAssetsOtherThanGoodwill 2023-03-31 02142791 ns3:PlantMachinery 2023-03-31 02142791 2022-04-01 02142791 ns3:LandBuildings ns3:ShortLeaseholdAssets 2023-03-31 02142791 ns3:Vehicles 2023-03-31 02142791 2022-04-01 2023-03-31 02142791 ns1:AllEntityOfficers 2022-04-01 2023-03-31 02142791 2023-03-31 02142791 ns1:OrdinaryShareClass2 2023-03-31 02142791 ns1:OrdinaryShareClass1 2023-03-31 02142791 ns1:OrdinaryShareClass3 2022-04-01 02142791 ns1:PreferenceShareClass1 2023-03-31 02142791 ns1:PreferenceShareClass2 2023-03-31 02142791 ns3:NetGoodwill 2023-04-01 2024-03-31 02142791 ns3:NetGoodwill 2022-04-01 2023-03-31 02142791 ns3:NetGoodwill 2024-03-31 02142791 ns3:NetGoodwill 2023-03-31 02142791 ns3:LeasedTangibleFixedAssets 2023-04-01 2024-03-31 02142791 ns1:HighestPaidDirector 2023-04-01 2024-03-31 02142791 ns1:HighestPaidDirector 2022-04-01 2023-03-31 02142791 ns3:Buildings 2023-04-01 2024-03-31 02142791 ns3:LeasedTangibleFixedAssets ns3:Buildings 2023-04-01 2024-03-31 02142791 ns3:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 02142791 ns3:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 02142791 ns3:LeasedTangibleFixedAssets 2023-04-01 2024-03-31 02142791 ns3:LeasedTangibleFixedAssets 2022-04-01 2023-03-31 02142791 ns1:AllOrdinaryShares 2024-03-31 02142791 ns1:AllPreferenceShares 2024-03-31 02142791 ns1:AllOrdinaryShares 2023-03-31 02142791 ns1:AllPreferenceShares 2023-03-31 02142791 ns1:AllOrdinaryShares ns3:DividendsPaid 2022-04-01 2023-03-31 02142791 ns1:AllOrdinaryShares ns3:DividendsProposed 2023-04-01 2024-03-31 02142791 ns1:AllOrdinaryShares ns3:DividendsProposed 2022-04-01 2023-03-31 02142791 ns1:AllOrdinaryShares ns3:DividendsPaid 2023-04-01 2024-03-31 02142791 ns1:AllOrdinaryShares 2023-04-01 2024-03-31 02142791 ns1:AllPreferenceShares 2023-04-01 2024-03-31 02142791 ns3:CopyrightsPatentsTrademarksServiceOperatingRights 2023-04-01 02142791 ns3:CopyrightsPatentsTrademarksServiceOperatingRights 2023-04-01 2024-03-31 02142791 ns3:CopyrightsPatentsTrademarksServiceOperatingRights 2024-03-31 02142791 ns3:OtherResidualIntangibleAssets 2023-04-01 02142791 ns3:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 02142791 ns3:OtherResidualIntangibleAssets 2024-03-31 02142791 ns1:OrdinaryShareClass1 2023-04-01 2024-03-31 02142791 ns1:OrdinaryShareClass2 2023-04-01 2024-03-31 02142791 ns1:OrdinaryShareClass3 2023-04-01 2024-03-31 02142791 ns1:OrdinaryShareClass4 2023-04-01 2024-03-31 02142791 ns1:OrdinaryShareClass5 2023-04-01 2024-03-31 02142791 ns1:PreferenceShareClass1 2023-04-01 2024-03-31 02142791 ns1:PreferenceShareClass2 2023-04-01 2024-03-31 02142791 ns1:OrdinaryShareClass3 2024-03-31 02142791 ns1:OrdinaryShareClass4 2024-03-31 02142791 ns1:OrdinaryShareClass5 2024-03-31 02142791 ns1:OrdinaryShareClass3 2023-03-31 02142791 ns1:OrdinaryShareClass4 2023-03-31 02142791 ns1:OrdinaryShareClass5 2023-03-31 02142791 ns3:Acquisitions 2023-04-01 2024-03-31 02142791 ns3:Acquisitions 2022-04-01 2023-03-31 02142791 ns3:DiscontinuedOperations 2023-04-01 2024-03-31 02142791 ns3:DiscontinuedOperations 2022-04-01 2023-03-31 02142791 ns3:ContinuingOperationsExcludingAcquisitions 2023-04-01 2024-03-31 02142791 ns3:ContinuingOperationsExcludingAcquisitions 2022-04-01 2023-03-31 02142791 ns3:WithinOneYear 2023-04-01 2024-03-31 02142791 ns3:WithinOneYear 2024-03-31 02142791 ns3:WithinOneYear 2023-03-31 02142791 ns3:AfterOneYear 2023-04-01 2024-03-31 02142791 ns3:WithinOneYear 2023-04-01 2024-03-31 02142791 ns3:AfterOneYear 2023-04-01 2024-03-31 02142791 ns3:BetweenOneTwoYears 2023-04-01 2024-03-31 02142791 ns3:BetweenTwoFiveYears 2023-04-01 2024-03-31 02142791 ns3:MoreThanFiveYears 2023-04-01 2024-03-31 02142791 ns3:BetweenOneTwoYears 2023-04-01 2024-03-31 02142791 ns3:BetweenTwoFiveYears 2023-04-01 2024-03-31 02142791 ns3:MoreThanFiveYears 2023-04-01 2024-03-31 02142791 ns3:ShareCapital 2024-03-31 02142791 ns3:RetainedEarningsAccumulatedLosses 2024-03-31 02142791 ns3:ShareCapitalOrdinaryShares 2024-03-31 02142791 ns3:ShareCapitalPreferenceShares 2024-03-31 02142791 ns3:PropertiesRevaluationReserve 2024-03-31 02142791 ns3:SharePremiumOrdinaryShares 2024-03-31 02142791 ns3:OtherMiscellaneousReserve 2024-03-31 02142791 ns3:ShareCapital 2023-03-31 02142791 ns3:SharePremiumOrdinaryShares 2023-03-31 02142791 ns3:ShareCapital 2022-04-01 2023-03-31 02142791 ns3:ShareCapital 2023-04-01 2024-03-31 02142791 ns3:RetainedEarningsAccumulatedLosses 2023-03-31 02142791 ns3:ShareCapitalOrdinaryShares 2023-03-31 02142791 ns3:ShareCapitalPreferenceShares 2023-03-31 02142791 ns3:PropertiesRevaluationReserve 2023-03-31 02142791 ns3:OtherMiscellaneousReserve 2023-03-31 02142791 ns3:SharePremiumOrdinaryShares 2024-03-31 02142791 ns3:SharePremiumOrdinaryShares 2023-03-31 02142791 ns3:WithinOneYear 2024-03-31 02142791 ns3:WithinOneYear 2023-03-31 02142791 ns3:AfterOneYear 2024-03-31 02142791 ns3:AfterOneYear 2023-03-31 02142791 ns3:WithinOneYear 2024-03-31 02142791 ns3:WithinOneYear 2023-03-31 02142791 ns3:BetweenOneTwoYears 2024-03-31 02142791 ns3:BetweenOneTwoYears 2023-03-31 02142791 ns3:BetweenTwoFiveYears 2024-03-31 02142791 ns3:BetweenTwoFiveYears 2023-03-31 02142791 ns3:MoreThanFiveYears 2024-03-31 02142791 ns3:MoreThanFiveYears 2023-03-31 02142791 ns3:OtherMiscellaneousReserve 2022-04-01 02142791 ns3:ShareCapital 2022-04-01 02142791 ns3:RetainedEarningsAccumulatedLosses 2022-04-01 02142791 ns3:PropertiesRevaluationReserve 2022-04-01 02142791 2022-04-01 02142791 ns3:AfterOneYear 2023-04-01 2024-03-31 02142791 ns6:Europe 2023-04-01 2024-03-31 02142791 ns6:Europe 2022-04-01 2023-03-31 02142791 ns6:UnitedKingdom 2023-04-01 2024-03-31 02142791 ns6:UnitedKingdom 2022-04-01 2023-03-31 02142791 ns6:Americas 2023-04-01 2024-03-31 02142791 ns6:Americas 2022-04-01 2023-03-31 02142791 ns6:MiddleEast 2023-04-01 2024-03-31 02142791 ns6:MiddleEast 2022-04-01 2023-03-31 02142791 ns6:Africa 2023-04-01 2024-03-31 02142791 ns6:Africa 2022-04-01 2023-03-31 02142791 ns6:Asia 2023-04-01 2024-03-31 02142791 ns6:Asia 2022-04-01 2023-03-31 02142791 ns6:Australasia 2023-04-01 2024-03-31 02142791 ns6:Australasia 2022-04-01 2023-03-31 02142791 ns3:ReportableOperatingSegment1 2023-04-01 2024-03-31 02142791 ns3:ReportableOperatingSegment1 2022-04-01 2023-03-31 02142791 ns3:ReportableOperatingSegment2 2023-04-01 2024-03-31 02142791 ns3:ReportableOperatingSegment2 2022-04-01 2023-03-31 02142791 ns3:ReportableOperatingSegment3 2023-04-01 2024-03-31 02142791 ns3:ReportableOperatingSegment3 2022-04-01 2023-03-31 02142791 ns5:AdministrativeExpenses 2023-04-01 2024-03-31 02142791 ns5:AdministrativeExpenses 2022-04-01 2023-03-31 02142791 ns5:DistributionCosts 2023-04-01 2024-03-31 02142791 ns5:DistributionCosts 2022-04-01 2023-03-31 02142791 ns5:Exceptional 2023-04-01 2024-03-31 02142791 ns5:Exceptional 2022-04-01 2023-03-31 02142791 2023-04-01 2024-03-31 xbrli:pure xbrli:shares iso4217:GBP iso4217:USD
Company registration number:02142791
THE SOUTH WALES ISLAMIC CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
THE SOUTH WALES ISLAMIC CENTRE
BALANCE SHEET
AS AT 31 March 2024
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets3581,238592,870
581,238592,870
CURRENT ASSETS
Debtors41,5881,383
Cash at bank and in hand93,19894,541
94,78695,924
CREDITORS
Amounts falling due within one year 5 (4,411) (4,934)
NET CURRENT ASSETS 90,375 90,990
TOTAL ASSETS LESS
CURRENT LIABILITIES 671,613 683,860
NET ASSETS 671,613 683,860
CAPITAL AND RESERVES
Called-up equity share capital 6
Other Reserves712,294712,294
Profit and loss account (40,681) (28,434)
SHAREHOLDERS FUNDS 671,613 683,860
For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 9 September 2024 and signed on its behalf.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.
..........................................................................
Zakarya Al-Shameri
9 September 2024
The annexed notes form part of these financial statements.

THE SOUTH WALES ISLAMIC CENTRE
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024
Share Share P and L Revaluation Other Total
Capital Premium Account reserve reserves equity
£ £ £ £ £ £
Changes in equity
Total Comprehensive Income00(20,115)00(20,115)
Changes in equity
Total comprehensive income00(12,246)00(12,246)

THE SOUTH WALES ISLAMIC CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1. Accounting policies
Statutory information
The South Wales Islamic Centre is a charitable company, limited by guarantee and not having a share capital, registered in England and Wales. The presentation currency of the financial statements is the £ sterling.
Statement of compliance
These financial statements have been prepared in accordance with the provisions of Section 1A 'Small entities' of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. There were no material departures from the standard.
Basis of preparing the financial statements
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), the Charities Act 2011 and the Companies Act 2006 and UK Generally Accepted Practice. The financial statements are prepared on a going concern basis under the historical convention (modified to include certain items at fair value). The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest pound. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years unless otherwise stated.
Turnover
Turnover comprises income from voluntary donations, membership fees, grants and miscellaneous income.
Fixed Assets
Tangible fixed assets are stated at cost less depreciation Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures and fittings - 10 % reducing balance basis
Freehold buildings - 2% reducing balance basis
Government grants
Government and similar grants made towards the cost of acquiring fixed assets are taken to income and expenditure account over the useful life of the asset concerned. The amount of the grant still to be taken to income and expenditure account is shown in the Balance Sheet as a deferred credit.
Deferred Taxation
The committee of the Islamic Centre applied to the Charities Commission for the Centre to be accepted as a Registered Charity and was granted this status on 15 September 1987 (Charity Number: 519043).
2.Employees
The average number of persons employed by the company (including directors) during the year was 7.
3.Tangible fixed assets
Land/Buildings Plant Total
Cost
At start of period 853,372 79,422 932,794
Additions 0 2,610 2,610
At end of period 853,372 82,032 935,404
Depreciation
At start of period 287,052 52,872 339,924
Provided during the period 11,326 2,916 14,242
At end of period 298,378 55,788 354,166
Net Book Value
At start of period 566,320 26,550 592,870
At end of period 554,994 26,244 581,238
4.Debtors
20242023
££
Due within one year
Other Debtors1,5881,383
1,5881,383
5.Creditors due within one year
20242023
££
Other creditors233539
Accruals and deferred income4,1784,395
4,411 4,934
6. Share capital Alloted, Issued and fully paid
2024 2023
£ £