| Makki Madrassa Trust | Makki Madrassa Trust | |||
|---|---|---|---|---|
| Contents | ||||
| For the year ended 28February | 2023 | |||
| Page | ||||
| Legal and administrative | information | |||
| Independent | Examiner's | report | ||
| Statement offinancial activities | ||||
| Balance Sheet | ||||
| Notes tothe | financial statements | 5-6 |
| Makki Madrassa Trust | Makki Madrassa Trust | ||||
|---|---|---|---|---|---|
| Statement ofHnancial Activities | including | Income and Expenditure | Account | ||
| For | the year | ended 28February 2023 | |||
| 2023 | 2022 | ||||
| Notes | |||||
| Incoming resources | |||||
| Donations | 64,222 | 51,513 | |||
| Government grants |
|||||
| Total incoming | resources | 64,222 | 51,513 | ||
| Resources Expended | |||||
| Governance costs and expenditure |
70@99 | 50,517 | |||
| Total expenditure | 70@99 | 50,517 | |||
| Net movement | in funds | (6,177) | 996 | ||
| Funds balances | at 1March 2022 | 383,442 | 382,446 | ||
| Funds balances | at28February 2023 | 377,265 | 383,442 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| FlXED | ASSETS | |||||
| Tangible | fixed assets | 289,817 | 291,088 | |||
| Current | assets | |||||
| Cash at | bank and in hand | 88,283 | 92,747 | |||
| 88,283 | 92,747 | |||||
| Current | liabBities | |||||
| Other taxes and social security | 835 | 393 | ||||
| Net current assets | 87,448 | 92,354 | ||||
| Net assets | 377,265 | 383,442 | ||||
| Accumulated Funds |
||||||
| Balance | brought forward | 383,442 | 382,446 | |||
| Surplus | ofincome over expenditure | (6,177) | 996 | |||
| 377,265 | 383,442 |
| 2 | Expenditure | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Wages and salaries | 43,124 | 42,200 | |||
| Light and heat | 4/94 | 2,631 | |||
| insurance | 513 | 517 | |||
| Telephone | 525 | 378 | |||
| Water Rates | 662 | 60& | |||
| General admin exp | 2233 | 730 | |||
| Printing, postage and stationery |
144 | 125 | |||
| Sound system and license fee | 2,405 | 200 | |||
| Lead and professional | fee | 500 | 500 | ||
| Repairs and renewals | 13,230 | ||||
| Depreciation | 2,086 | 2,310 | |||
| Sundry expenses | 684 | 319 | |||
| 70/99 | 50,517 | ||||
| 3 | TANGIBLE FIXEDASSETS | ||||
| Land and | Fixtures | ||||
| Buildings | andfittings | TOTA L | |||
| COST | |||||
| At 1 March 2022 | 278,000 | 31,515 | 309,515 | ||
| Addition | 815 | &15 | |||
| At 28February 2023 | 278,000 | 32/30 | 310/30 | ||
| DEPRECIATION | |||||
| At 1 March 2022 | 18,427 | 18,427 | |||
| Charge for the year | 2,0&6 | 2,0&6 | |||
| At 28February 2023 | 20+13 | 20,513 | |||
| NET BOOKVALUE | |||||
| At 28February 2023 | 278,000 | 11,817 | 289,817 | ||
| As at 28 February 2022 | 278,000 | 13,0&8 | 291,088 |