Registered number
07087012
CHADWELL HEATH MUSLIM CENTRE LTD
Filleted Accounts
31 December 2023
CHADWELL HEATH MUSLIM CENTRE LTD
Registered number: 07087012
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 329,500 329,500
329,500 329,500
Current assets
Cash at bank and in hand 98,626 39,068
98,626 39,068
Creditors: amounts falling due within one year 4 (149,872) (111,458)
Net current liabilities (51,246) (72,390)
Total assets less current liabilities 278,254 257,110
Net assets 278,254 257,110
Funds
Other reserve 171,206 171,206
Unrestricted funds 107,048 85,904
Total funds 278,254 257,110
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mohammad Akhtar Hussain Furad Miah
Chairperson Treasurer
Approved by the board on 25 September 2024
CHADWELL HEATH MUSLIM CENTRE LTD
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Land and buildings Total
£ £
Cost
At 1 January 2023 329,500 329,500
At 31 December 2023 329,500 329,500
Net book value
At 31 December 2023 329,500 329,500
At 31 December 2022 329,500 329,500
4 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 1,057 1,057
Other creditors 148,815 110,401
149,872 111,458
CHADWELL HEATH MUSLIM CENTRE LTD 07087012 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 Mohammad Akhtar Hussain No description of principal activity 07087012 2022-01-01 2022-12-31 07087012 core:WithinOneYear 2022-12-31 07087012 core:ShareCapital 2022-12-31 07087012 core:RetainedEarningsAccumulatedLosses 2022-12-31 07087012 2023-01-01 2023-12-31 07087012 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07087012 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07087012 bus:Director40 2023-01-01 2023-12-31 07087012 2 2023-01-01 2023-12-31 07087012 bus:FRS102 2023-01-01 2023-12-31 07087012 bus:FilletedAccounts 2023-01-01 2023-12-31 07087012 2023-12-31 07087012 core:WithinOneYear 2023-12-31 07087012 core:ShareCapital 2023-12-31 07087012 core:RetainedEarningsAccumulatedLosses 2023-12-31 07087012 core:LandBuildings 2023-12-31 07087012 2022-12-31 07087012 core:LandBuildings 2022-12-31 iso4217:GBP xbrli:pure