|||||Page||
|---|---|---|---|---|---|
|Report ofthe Trustees|||I|to|5|
|Independent
Examiner's||Report||||
|Statement ofFinancial||Activities||||
|Balance Sheet|||8|to|9|
|Notes to the Financial|Statements||10|to|20|
|Detailed Statement of|Financial Activities||21|to|22|
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|f~or he Year Ended||31|December|2022||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||31/12/22|31/12/21|
||||||Unrestricted|Restricted|Endowment|Total|Total|
||||||fund|fund|fund|funds|funds|
|||||Notes|||||f.|
|INCOME AND||||||||||
|ENDOWMENTS||FROM||||||||
|Donations
and legacies||||2|64,296|2,400||66,696|67,&39|
|Charitable
activities||||||||||
|Direct Charitable|Exp||||||||49,236|
|Other trading activities||||3|9,176||537|9,713|14|
|Total|||||73,472|2,400|537|76,409|117,0&9|
|EXPENDITURE||ON||||||||
|Raising funds||||5|88,369|||88,369|94,260|
|Charitable
activities||||||||||
|Grants||||||3,400||3,400||
|Direct Charitable|Exp||||6,906|||6,906|16,328|
|Total|||||95,275|3,400||98,675|110,58&|
|NET||||||||||
|INCOME/(EXPENDITURF)|||||(219803)|(1,000)|537|(22,266)|6,501|
|Transfers between||funds||15|(1,000)|1,000||||
|Net movement
in||funds|||(22,803)||537|(22466)|6,501|
|RECONCILIATION|||OF|||||||
|FUNDS||||||||||
|Total funds brought||forward|||91,646||143,997|2359643|229,142|
|TOTAL FUNDS|CARRIED|||||||||
|FORWARD|||||68,843||144,534|213@77|235,643|
##
|Balance Sheet
3 1 December 2022|||||||
|---|---|---|---|---|---|---|
||||||31/12/22|31/12/21|
|||Unrestricted|Restncted|Endowment|Total|Total|
||Notes|fund|fund|fund|funds
f.|funds
f|
|CURRENT ASSETS|||||||
|Cash at bank and in hand||'/'1,940||144,534|216,474|239,034|
|CREDlTORS|||||||
|Amounts
falling due within
one year|14|(3,097)|||(3,097)|(3,391)|
|NET CURRENT ASSETS||68,843||144,534|213477|235,643|
|TOTAL ASSETSLESS|||||||
|CURRENT LIABILITIES||68,843||144,534|213,377|235,643|
|NET ASSETS||68)843||144,534|213477|235,643|
|FUNDS|||||||
|Unrestricted
funds|||||68,843|91,646|
|Endowment
funds|||||144)534|143,997|
|TOTA.LFUNDS|||||213,377|235,643|
##
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|DONATIONS|AND|LEGACIES|||
|---|---|---|---|---|
||||31/12/22|31/12/21|
|||||f|
|Donations|||66,696|67,839|
|3,|OTIIFR TRADING ACTIVITIES|OTIIFR TRADING ACTIVITIES|OTIIFR TRADING ACTIVITIES||||
|---|---|---|---|---|---|---|
||||||31/12/22|3!/12/2!|
||||||f||
||Other income||||9,713|14|
|4.|INCOME. FROM|CHARITARI, EACTIVITIES|||||
||||||31/12/22|31/12/21|
||||Activirr||f||
||Noroua Gala||Direct Charitable|Exp||3,356|
||Persian Language|Online|Direct Charitable|Exp||41,655|
||Other income||Direct Charitable|Exp||4,225|
|||||||49,236|
|5.|RhlS ING FUNDS||||||
||Raising donations|and|legacies||||
||||||31/12/22|31/12/21|
||||||f||
||Support costs||||53,941|58,198|
||Other trading activities||||||
||||||31/12/22|3!/12/21|
|||||||f|
||Support costs||||34i428|36,062|
||Aggregate
amounts||||88,369|94,260|
##
||||||31/12/22|31/I2/21|
|---|---|---|---|---|---|---|
|||||||f|
|Social and|entertainment|||||(4,625)|
|Conferences,||workshops||/t'c lecture series||7,793|
|Courses|||||3,305|4,522|
|Grants|||||3,400||
|Exhibition|catalogue cost|||||383|
|Persian I.anguage|||Online||3,601|8,255|
|Total|||||109306|16,328|
##
|7.|GRAN'TS PAYA|BLE||||
|---|---|---|---|---|---|
|||||31/12/22|31/12/21|
|||||f||
||Grants|||3,400||
|8.|SUPPORT COSTS|||||
|||||Governance||
||||Other|costs|Totals|
||||||f|
||Raising donations
and legacies
Other trading activities||33,791|53,941
637|53,941
34,428|
||||33,791|54,578|88469|
##
##
##
|Other||||||||
|---|---|---|---|---|---|---|---|
|||||||31/12/22|31/12/21|
|||||||Other||
|||||||trading|Total|
|||||||activities|activities|
|||||||f||
|Wages
Rent||||||15,816|23,099
6)000|
|Computer|expenses|||||2&317|2394|
|General office expenses||||||14)001|3,161|
|Governance||costs||||1,657|1,507|
|||||||33,791|36,061|
|Governance||costs||||||
|||||||31/12/22|31/12/21|
|||||Raising||||
|||||donations|Other|||
|||||and|trading|Total|Total|
|||||legacies|activities|activities
f|activities|
|Wages||||31,473|637|32,110|46,898|
|Travel and|entertainment||||||24|
|Coinputer|expenses|||6,949||6,949|6,883|
|Sundries||||13,862||13,862|2,S86|
|Legal and|professional||fees|1,657||1,657|1,507|
|||||53,941|637|54,578|58,198|
##
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|STAFFCOSTS|||||
|---|---|---|---|---|
||||31/I2/22|31/12/21|
|Wages and salaries|||47,926|69,997|
||||47,926|69,997|
|The average monthly|number ofemployees|during the year was as follows:|||
||||31/12/22|31/12/21|
|Administration|||3|3|
|12.|COMPARATIVES FOR THE STATEMENT|OF FINANCIAL ACTIVITIES|OF FINANCIAL ACTIVITIES|OF FINANCIAL ACTIVITIES||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|
|||fund|fund|fund|funds|
|||||f.|f|
||INCOME AND ENDOWMENTS FROM|||||
||Donations
and legacies|67,839|||67,839|
||Charitable
activities|||||
||Direct Charitable Exp|49,236|||49,236|
||Other trading activities|||14|]4|
||Total|117,075||14|117,089|
||EXPENDITURE ON|||||
||Raising funds|94,260|||94,260|
##
|12.|COMPARATIVES FOR TRK STATEMENT|COMPARATIVES FOR TRK STATEMENT|OF FINANCIAL ACTIVITIES -continued|OF FINANCIAL ACTIVITIES -continued|OF FINANCIAL ACTIVITIES -continued||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|
||||fund|fund|fund|funds|
|||||f|E||
||Charitable
activities||||||
||Direct Charitable
Exp||16,328|||16,328|
||Total||110,588|||110,588|
||NET INCOME||6,487||14|6,501|
||Transfers
between
funds||(30,398)||30,398||
||Net movement
in funds||(23,911)||30,412|6,50]|
||RECONCILIATION|OF FUNDS|||||
||Total funds brought
forward||115,557||113,585|229,142|
||TOTAL FUNDS CARRIFD FORWARD||91,646||143,997|235,643|
|13.|TANGIBLE FIXED|ASSETS|||||
|||||||Computer|
|||||||equipment|
||COST||||||
||At
I January
2022 and|31 December 2022||||300|
||DFPRKCIATION||||||
||At
I January
2022 and|31 December 2022||||300|
||NFT BOOK VALVE||||||
||At 31 December 2022||||||
||At 31 December 2021||||||
##
||||31/12/22|31/12/21|
|---|---|---|---|---|
||||8||
|Trade creditors||||(1)|
|Social security
and other taxes||||295|
|Pension|||97|97|
|Accrued expenses|||3,000|3,000|
||||3,097|3,391|
|MOVEMENT IN FUNDS|||||
|||Net|Transfers||
|||movement|between|At|
||At 1.1.22|in funds|funds|31.12.22|
|||||f|
|Unrestricted
funds|||||
|General fund|91,646|(21,803)|(1,000)|68,843|
|Restricted funds|||||
|Restricted
Funds||(1,000)|1,000||
|Endowment
funds|||||
|Endowment
Fund|143,997|537||144,534|
|TOTAL FUNDS|235,643|(22)266)||213477|
|Nct movement
in funds, included|in the above are as follows;||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||||f|
|Unrestricted
funds|||||
|General
fund||73,472|(95,275)|(21,803)|
|Restricted funds|||||
|Restricted
Funds||2,400|(3,400)|(1,000)|
|Endowment
funds|||||
|Fndowment
I'und||537||537|
|TOTAL FUNDS||76,409|(98,675)|(22,266)|
##
##
##
||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.1,21|in funds|funds|31.12.21|
||||||f.|||
|Unrestricted|funds|||||||
|General
fund||||115,557|6,487|(30,398)|9'l,646|
|Endowment|funds|||||||
|Endowment|Fund|||113,585|14|30,398|143,997|
|TOTAL FUNDS||||229,142|6,501||235,643|
|Comparative|net movement|in funds,|included|in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended
f|in funds
f|
|Unrestricted|funds|||||||
|General fund|||||117,075|(110,588)|6,487|
|Endowment|funds|||||||
|Fndowment|I'und||||14||14|
|TOTAL FUNDS|||||117,089|(110,588)|6,501|
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.1.21|in funds|funds|3!.12.22|
|||||||f.|
|Unrestricted||funds|||||
|General fund|||115,557|(15,316)|(31,398)|68,843|
|Restricted|funds||||||
|Restricted|Funds|||(1,000)|1,000||
|Endowment||funds|||||
|Endowment||Fund|113,585|551|30,398|144,534|
|TOTAL FUNDS|||229,142|(15,765)||213,377|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General
I'und||190,547|(205,863)|(15,316)|
|Restricted funds|||||
|Restricted
Funds||2,400|(3,400)|(1,000)|
|Endowment|funds||||
|Endowment|Fund|551||551|
|TOTAL FUNDS||193,498|(209,263)|(15,765)|
##
##
|Detailed Statement of 1 inanclal Activities|||
|---|---|---|
|for the Year Ended 31 December 2022|||
||31/12/22f|31/l 2/21|
|INCOMK AND KNDOW114KNTS|||
|Donations
and legacies|||
|Donations|66,696|67,839|
|Other trading activities|||
|Other income|9)713|14|
|Charitable
activities|||
|Norouz Gala||3,356|
|Persian Language
Online||41,655|
|Other income||4,225|
|||49,236|
|Total incoming resoarecs|"/6,409|117,089|
|KXPKNDITURK|||
|Charitable
activities|||
|Direct Expenses|6,906|16,329|
|Grants to individuals|3,400||
||10,306|16,329|
|Support costs|||
|Other|||
|Wages|15,816|23,099|
|Rent||6,000|
|Computer
expenses|2,317|2,294|
|General office expenses|14,001|3,161|
|Govcmance costs|1,657|1,507|
||33,791|36,061|
|Governance
costs|||
|Wages|32,110|46,898|
|Carried forward|32,110|46,898|
##
|Detailed Stat ment ofFinancial Activities|Detailed Stat ment ofFinancial Activities|||
|---|---|---|---|
|for the Year Ended 31 December 2022||||
|||31/12/22|31/12/21|
|Governance
costs||||
|Brought forward||32,110|46,898|
|Travel and entertainment|||24|
|Computer
expenses
Sundries||6,949
13,862|6,883
2,886|
|Lega'1 and professional|fees|1,657|1,507|
|||54,578|58,198|
|Total resources expended||981675|110,588|
|Net (expenditure)/income||(22,266)|6,501|