Registered number
02471953
Gujerati Sunni Muslim Society Limited
Filleted Accounts
31 March 2024
Gujerati Sunni Muslim Society Limited
Registered number: 02471953
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,615,114 1,614,814
Current assets
Debtors 4 - 288
Cash at bank and in hand 473,856 533,794
473,856 534,082
Creditors: amounts falling due within one year 5 (1,945) (1,475)
Net current assets 471,911 532,607
Net assets 2,087,025 2,147,421
Capital and reserves
Retained surplus 2,087,025 2,147,421
Members' funds 2,087,025 2,147,421
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 income and expenditure account has not been delivered to the Registrar of Companies.
Mr Mustak Chabbu
Director
Approved by the board on 27 January 2025
Gujerati Sunni Muslim Society Limited
Notes to the Accounts
for the year ended 31 March 2024
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).
Turnover
Turnover represents the value of charitable gifts, donations and rentals received in the financial year.
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:
Plant and machinery 10% Reducing Balance
Equipment, Fixtures & Fittings 10% Reducing Balance
Computer Equipment 10% Reducing Balance
Motor vehicles 25% Reducing Balance
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Fixtures, fittings and equipment Motor vehicles Total
£ £ £ £
Cost
At 1 April 2023 1,563,230 191,487 6,925 1,761,642
Additions - 6,069 - 6,069
At 31 March 2024 1,563,230 197,556 6,925 1,767,711
Depreciation
At 1 April 2023 - 139,907 6,921 146,828
Charge for the year - 5,765 4 5,769
At 31 March 2024 - 145,672 6,925 152,597
Net book value
At 31 March 2024 1,563,230 51,884 - 1,615,114
At 31 March 2023 1,563,230 51,580 4 1,614,814
4 Debtors 2024 2023
£ £
Other debtors - 288
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 101 -
Other creditors 1,844 1,475
1,945 1,475
6 Other information
Gujerati Sunni Muslim Society Limited is a private company limited by shares and incorporated in England. Its registered office is:
Masid - e - noor
Noor Street
Preston
Lancashire
PR1 1QS
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