Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11010961 Mr Umair Sarwar Mr Ghulam Jillani Mr Mohammad Qasim Awan Mr Mumtaz Ahmed Hashmi Mr Mohammad Israr Hussain Mr Mohammed Mushtaq Mr Chaudhry Adrees Ahmed Mr Zulfiqar Ali Mr Kaleem Ur Rehman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11010961 2023-03-31 11010961 2024-03-31 11010961 2023-04-01 2024-03-31 11010961 frs-core:CurrentFinancialInstruments 2024-03-31 11010961 frs-core:FurnitureFittings 2024-03-31 11010961 frs-core:FurnitureFittings 2023-04-01 2024-03-31 11010961 frs-core:FurnitureFittings 2023-03-31 11010961 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 11010961 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11010961 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 11010961 frs-core:MotorVehicles 2023-04-01 2024-03-31 11010961 frs-core:PlantMachinery 2023-04-01 2024-03-31 11010961 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11010961 frs-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 11010961 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11010961 frs-bus:SmallEntities 2023-04-01 2024-03-31 11010961 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11010961 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11010961 frs-bus:Director1 2023-04-01 2024-03-31 11010961 frs-bus:Director2 2023-04-01 2024-03-31 11010961 frs-bus:Director3 2023-04-01 2024-03-31 11010961 frs-bus:Director4 2023-04-01 2024-03-31 11010961 frs-bus:Director5 2023-04-01 2024-03-31 11010961 frs-bus:Director6 2023-04-01 2024-03-31 11010961 frs-bus:Director7 2023-04-01 2024-03-31 11010961 frs-bus:Director8 2023-04-01 2024-03-31 11010961 frs-bus:Director9 2023-04-01 2024-03-31 11010961 frs-countries:EnglandWales 2023-04-01 2024-03-31 11010961 2022-03-31 11010961 2023-03-31 11010961 2022-04-01 2023-03-31 11010961 frs-core:CurrentFinancialInstruments 2023-03-31 11010961 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11010961
CENTRAL JAMIA MOSQUE AND ISLAMIC EDUCATIONAL CENTRE
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11010961
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 733,091 733,091
733,091 733,091
CURRENT ASSETS
Debtors 5 954 6,956
Cash at bank and in hand 238,168 243,960
239,122 250,916
Creditors: Amounts Falling Due Within One Year 6 (1,652 ) (819 )
NET CURRENT ASSETS (LIABILITIES) 237,470 250,097
TOTAL ASSETS LESS CURRENT LIABILITIES 970,561 983,188
NET ASSETS 970,561 983,188
Income and Expenditure Account 970,561 983,188
MEMBERS' FUNDS 970,561 983,188
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
Mr Mumtaz Ahmed Hashmi
Director
03/12/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
CENTRAL JAMIA MOSQUE AND ISLAMIC EDUCATIONAL CENTRE is a private company, limited by guarantee, incorporated in England & Wales, registered number 11010961 . The registered office is 14-16 Church Street Church Street, Wolverton, , Milton Keynes, England, MK12 5JN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
Plant & Machinery 20%
Motor Vehicles 20%
Fixtures & Fittings 20%
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:5 2 (2023: 3)
2 3
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 733,091 103,202 836,293
As at 31 March 2024 733,091 103,202 836,293
Depreciation
As at 1 April 2023 - 103,202 103,202
As at 31 March 2024 - 103,202 103,202
Net Book Value
As at 31 March 2024 733,091 - 733,091
As at 1 April 2023 733,091 - 733,091
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 954 1,126
Other taxes and social security - 5,830
954 6,956
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other taxes and social security 1,227 -
Accruals and deferred income 425 819
1,652 819
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 3