2022-08-31-accounts - Bagri Foundation

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					Pages
Trustees' annual report (incorporating		the	director's	report)	1to4
Trustees' responsibilities statement
Independent auditor's	report to the members				6to9
Statement offinancial	activities (including		income and
expenditure account)					10
Statement offinancial	position
Statement ofcash flows					12
Notes to the financial	statements				13to 21

	Year end	ed 31August 20	22
			2022	2021
Cash flows from operating	activities
Net (expenditure)/income			(620,529)	1,492,525
Adjustments for.
Government grant income Dividends, interest and rents	from investments		151,303	(3,229) (1,300,264)
Other interest receivable and Accrued expenses	similar income		(6,407) 444	(13,275) 34,319
Changes/n: Trade and other debtors			(14,125)	(1,641)
Trade and other creditors			(385,412)	402,334
Cash generated from operations			(874,726)	610,769
Interest received			7,250	15,197
Net cash (used in)/from operating activities			(867,476)	625,966
Cash flows from investing	activities
Dividends, interest and rents	from investments		(151,303)	1,300,264
Purchases ofother investments			(533,495)	(691,663)
Net cash (used in)/from investing activities			(684,798)	608,601
Cash flows from financing	activities
Government grant income				3,229
Net cash from financing activities				3,229
Net (decrease)/increase in Cash and cash equivalents	cash and cash at beginning	equivalents ofyear	(1,552,274) 9,249,167	1,237,796 8,011,371
Cash and cash equivalents	at end ofyear		7,696,893	9,249,167

nvestment income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		k		5	8
Income from UK investment Gains/ (losses) from other Bank interest receivable	properties investments	495,150 (646,453) 6,407	495,150 (646,453) 6,407	449,787 850,477 13,275	449,787 850,477 13,275
		(144,896)	(144,896)	1,313,539	1,313,539

Expenditur	ties by fund type
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2022	Funds	2021
			8
Chadtable grants awarded Support costs	915,614 (694,864)	915,614 (694,864)	858,803 217,628	858,803 217,628
	220,750	220,750	1,076,431	1,076,431

8.	Expenditure	on charitable activ	ities by activity type
			Grant funding	Support	Total funds	Total fund
			ofactivities	costs	2022	2021
			5	6		8
	Charitable grants awarded Governance costs		915,614	(703,264) 8,400	212,350 8,400	1,070,431 6,000
			915,614	(694,864)	220,750	1,076,431
9.	Analysis of	support costs
				Analysis of
				support costs 6	Total 2022	Total 2021 8
	Staff costs			100,452	100,452	89,279
	Communications and IT			5,974	5,974	7,837
	General office			18,307	18,307	3,035
	Governance	costs		8,400	8,400	6,000
	Advertising	and marketing		28,448	28,448	27,619
	(Gain)l Loss on foreign exchange			(856,445)	(856,445)	83,858
				(694,864)	(694,864)	217,628
10.	Analysis of	grants
					2022	2021 f
	Grants to institutions
	Culture				360,430	307,355
	Education				547,000	501,500
	Health				2,800	35,500
					910,230	844,355
	Grants to individuals
	Culture				5,384	14,448
	Total grants				915,614	858,803
11.	Auditors remuneration
					2022	2021
	Fees payable for the audit ofthe		financial statements		6,300	6,000

15.	Debtors
					2022 f	2021
	Trade debtors				76	1,979
	Prepsyments and Other debtors	accrued income			31,853 344	16,624 388
					32,273	18,991
16.	Cash at bank and	in	hand
					2022 f	2021
	Bank deposit accounts and other investments Bank current account				7,530,487 166,240	8,033,853 1,215,148
	Cashin hand				166	168
	Total				7,696,893	9,249,167
17.	Creditors: amounts		falling due within one year
					2022	2021
					f
	Trade creditors				32,533	408,940
	Accruals and deferred		income		66,411	65,967
	Social security and other taxes Other creditors				4,481 3,820	3,305 14,001
					107,245	492,213
	Deferred Income
					2022 f	2021 f
	As at 1stSeptember		2021		2,010
	Amount released Amount deferred	to incoming in the year		resources	(2,010) 2,160	2,010
	As at 31stAugust	2022			2,160	2,010