2020-12-31-accounts - Edhi International Foundation UK

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		Page
Report ofthe Trustees	1	to	10
Report ofthe Independent Auditors	11	to	14
Statement ofFinancial Activities		15
Statement ofFinancial Position	16	to	17
Statement ofCash Flows		18
Notes to the Statement ofCash Flows		19
Notes to the Financial Statements	20	to	30
Detailed Statement ofFinancial Activities	31	to	32

1.	General Donations		6,561,380
2.	Qurbani Collections		371,611
3.	Other Income (Council Grant)		27,000
4.	Revaluation ofInvestment	properties	90,000
5.	Investments Income		478,431
	Total Income		7,528,422
Disbursements were as follows:-

l.	Qurbani Performed in Pakistan		371,611
2.	Purchase ofequipment sent to	Pakistan for charitable purposes	21,497
3.	Presidenza Del Consigl Donation for Covid 19		251,610
4	Donated toNHS Charities		1,000,000
5.	Charitable Costs		326,858
6.	Governance Costs		242,634
7.	Other Costs		11,611
8.	Transferred to the unrestricted	reserve fund	5,302,601
	Total Disbursements		7,528,422

						31.12.20	31.12.19
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies			2	6,561,380	371,611	6,932,991	5,352,174
Investment income				478,431		478,431	127,259
Other income				27,000		27,000
Total				7,066,811	371,611	7,438,422	5,479,433
EXPENDITURE ON
Raising funds				80,866		80,866	75,349
Charitable activities
Costs for generating	charitable income			206,721		206,721	257,396
Charitable Donations				1,273,107	371,611	1,644,718	587,250
Other				293,516		293,516	273,316
Total				1,854,210	371,611	2,225,821	1,193,311
Net gains on investments				90,000		90,000
NKT INCOME				5,302,601		5,302,601	4,286,122
RECONCILIATION		OF FUNDS
Total funds brought	forward			38,296,904		38,296,904	34,010,782
TOTAL FUNDS CARRIED FORWARD				43,599,505		43,599,505	38,296,904

					31.12.20	31.12.19
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes
FIXEDASSETS
Tangible assets		12	378,668		378,668	389,534
Investments
Investments		13	1,525,685		1,525,685
Investment property		14	2,160,000		2,160,000	2,070,000
			4,064,353		4,064,353	2,459,534
CURRENT ASSETS
Debtors: amounts	falling due within one year	15	37,426		37,426	41,908
Debtors: amounts	falling due after more than
one year		15	5,717		5,717	7,117
Investments		16	39,250,192		39,250,192	35,098,798
Prepayments and accrued income			9,109		9,109	12,309
Cash at bank and in hand			275,584	371,611	647,195	712,726
			39,578,028	371,611	39,949,639	35,872,858
CREDITORS
Amounts falling due within one year		17	(22,811)	(371,611)	(394,422)	(23,022)
NET CURRENT	ASSETS		39,555,217		39,555,217	35,849,836
TOTAL ASSETSLESSCUIG4KNT
LIABILITIES			43,619,570		43;619,570	38,309,370
ACCRUALS AND DEFERRED INCOME		18	(20,065)		(20,065)	(12,466)
NKT ASSETS			43,599,505		43,599,505	38,296,904

					Statement ofCash Flows	Statement ofCash Flows
			for	the	Year Ended	31stDecember 2020
						31,12.20	31.12.19
				Notes
Cash flows from operating		activities
Cash generated &om operations						5,209,317	3,824,025
Net cash provided by operating activities						5,209,317	3,824,025
Cash flows from investing		activities
Purchase oftangible fixed	assets						(10,597)
Purchase offixed asset investments						(1,525,685)
Saleoffixed asset investments							6,632,054
Short term Investment						(4,151,394)	(10,438,055)
Interest received						402,231	51,059
Net cash used in investing	activities					(5,274,848)	(3,765,539)
Change in cash and cash	equivalents			in
the reporting period						(65,531)	58,486
Cash and cash equivalents		at the
beginning ofthe reporting		period				712,726	654,240
Cash and cash equivalents		at the	end
ofthe reporting period						647,195	712,726

RECONCILIATIO ACTIVITIES	N OFNET INCOME TO NET CASH FLOW F	ROM OPERATIN	G
		31.12.20	31.12.19
Net income for the	reporting period (as per the Statement of
Financial Activities)		5,302,601	4,286,122
Adjustments for:
Depreciation charges		10,866	11,611
Losses on investments		(90,000)
Interest received		(402,231)	(51,059)
Decrease/(increase)	in debtors	9,082	(19,794)
Increase/(decrease)	in creditors	378,999	(402,855)
Net cash provided	by operations	5,209,317	3,824,025
ANALYSIS OF CHANGES IN NET FUNDS

	At 1.1.20	Cash flow	At 31.12.20
Net cash
Cash at bank and in hand	712,726	(65,531)	647,195
	712,726	(65,531)	647,195
Liquid resources
Deposits included in cash
Current asset investments	35,098,798	4,151,394	39,250,192
	35,098,798	4,151,394	39,250,192
Total	35,811,524	4,085,863	39,897,387

DONATIONS AND LEGACIES
	31.12.20	31.12.19
Donations	6,768,893	5,148,907
Gift aid	164,098	203,267
	6,932,991	5,352,174

			31.12.20	31.12.19
Rental	Income		76,200	76,200
Deposit	account	interest	402,231	51,059
			478,431	127,259

RAISING	FUNDS
Raising donations		and legacies
			31.12.20	31.12.19
Publication	costs		59,682	55,822
Advertisement			21,184	19,527
			80,866	75,349

5.	CHAMT	ABLE A	CTIVITIES COSTS
					Grant
					funding of
					activities	Support
				Direct	(see note	costs (see
				Costs	6)	note 7)	Totals
	Costs for generating		charitable
	income			178,431		28,290	206,721
	Charitable	Donations			1,644,718		1,644,718
				178,431	1,644,718	28,290	1,851,439
6.	GRANTS	PAYABLE
						31.12.20	31.12.19
	Charitable	Donations				1,644,718	587,250
	This amount includes the following payments:
	Qurbani performed		in Pakistan on behalf ofUK	donors for	2020		371,611
	Purchase ofvarious		equipments tobe used in Pakistan				21,497
	Presidenza	Del Consigl Donation for Covid19					251,610
	Donated toNHS Charities Together						1,000,000
							1,644,718

7.	SUPPORT CO	ST	S
							Governance
						Finance	costs	Totals
	Other resources	expended				40,016	242,634	282,650
	Costs for generating		charitable		income		28,290	28,290
						40,016	270,924	310,940
8.	OTHER
							31.12.20	31.12.19
	Depreciation						10,866	11,611
	Support costs						282,650	261,705
							293,516	273,316
9.	AUDITORS' REMUNERATION
							31.12.20	31.12.19
	Fees payable to	the	charity's	auditors for the audit ofthe charity's
	financial statements						9,600	9,000
	Other non-audit	services					19,392	18,432
	Total fees payable						28,992	27,432

31.12.20	31.12.19
	4,491

STAFF COSTS
			31.12.20	31.12.19
Wages and salaries			133,154	168,484
Social security costs			6,335	9,435
Other pension costs			524	1,232
			140,013	179,151
The average monthly	number ofemployees	during the year was as follows:
			31.12.20	31.12.19
Average Monthly Employees			10	12

12.	TANGIBLE FIXEDAS	SETS
			Office
		Freehold	Furniture	Motor
		property	k, Equipment	Vehicles	Totals
	COST
	At 1stJanuary 2020 and
	31stDecember 2020	420,509	56,104	10,597	487,210
	DEPRECIATION
	At 1stJanuary 2020	42,052	52,975	2,649	97,676
	Charge for year	8,410	469	1,987	10,866
	At 31stDecember 2020	50,462	53,444	4,636	108,542
	NET BOOKVALUE
	At 31stDecember 2020	370,047	2,660	5,961	378,668
	At 31stDecember 2019	378,457	3,129	7,948	389,534
13.	FIXEDASSETINVESTMENTS
				31.12.20	31.12.19
	Long term Investment			1,525,685
	There were no investment	assets outside the UK.
	Investments (neither listed	nor unlisted) were as follows:
				31.12.20	31.12.19
	Long term deposit			1,525,685

FAIRVALUE
At 1stJanuary 2020	2,070,000
Revaluation	90,000
At 31stDecember 2020	2,160,000
NKT BOOKVALUE
At 31stDecember 2020	2,160,000
At 31stDecember 2019	2,070,000

DEBTORS
	31.12.20	31.12.19
Amounts falling due within one year:
Other debtors	36,026	40,508
Lease incentive	1,400	1,400
	37,426	41,908
Amounts falling due after more than one year:
Lease incentive	5,717	7,117
Aggregate amounts	43,143	49,025

CUR	RENT	ASSETINVESTMENTS
			31.12.20	31.12.19
Short	Term	Investment	39,250,192	35,098,798

CREDITORS: AMOUNTS FALLING DUK WITHI	N ONK YEAR
	31.12.20	31.12.19
Social security and other taxes	2,089	2,218
Other creditors	391,183	19,654
Tenant's deposit	1,150	1,150
	394,422	23,022

ACCRUALS	AND DEFERRED INCOME
				31.12.20	31.12.19
Accruals and	deferred income			20,065	12,466
MOVEMENT IN FUNDS
				Net
				movement	At
		At 1.1.20	—	in funds	31.12.20
Unrestricted	funds
General fund		38,296,904		5,302,601	43,599,505
TOTAL FUNDS		38,296,904		5,302,601	43,599,505

				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
Unrestricted	funds
General fund				7,066,811	(1,854,210)	90,000	5,302,601
Restricted funds
Qurbani				371,611	(371,611)
TOTAL FUNDS				7,438,422	(2,225,821)	90,000	5,302,601
Comparatives	for movement		in funds
						Net
						movement	At
					At 1.1.19	in funds	31.12.19
Unrestricted	funds
General fund					34,010,782	4,286,122	38,296,904
TOTAL FUNDS					34,010,782	4,286,122	38,296,904
Comparative	net movement	in	funds, included	in the above	are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
Unrestricted	funds
General fund					5,112,551	(826,429)	4,286,122
Restricted funds
Qurbani					366,882	(366,882)
TOTAL FUNDS					5,479,433	(1,193,311)	4,286,122

			Net
			movement		At
		At 1.1.19	in funds	—	31.12.20
Unrestricted	funds
General fund		34,010,782	9,588,723		43,599,505
TOTAL FUNDS		34,010,782	9,588,723		43,599,505

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		12,179,362	(2,680,639)	90,000	9,588,723
Restricted funds
Qurbani		738,493	(738,493)
TOTAL FUNDS		12,917,855	(3,419,132)	90,000	9,588,723

	Detailed Statement ofFinancial Activities
	for the Year Ended 31stDecember 2020
		31.12.20	31.12.19
INCOME AND ENDOWMENTS
Donations and legacies
Donations		6,768,893	5,148,907
Gift aid		164,098	203,267
		6,932,991	5,352,174
Investment income
Rental Income		76,200	76,200
Deposit account interest		402,231	51,059
		478,431	127,259
Other income
Council Grant		27,000
Total incoming resources		7,438,422	5,479,433
EXPENDITURE
Raising donations	and legacies
Publication costs		59,682	55,822
Advertisement		21,184	19,527
		80,866	75,349
Charitable activities
Wages		133,154	168,484
Social security		6,335	9,435
Pensions		524	1,232
Rent and Rates		15,057	15,116
Insurance		8,653	6,864
Light and heat		6,188	4,111
Telephone		2,640	3,997
Repairs And Renewals		2,453	2,539
Other Expenses		3,427	1,875
Carried forward		178,431	213,653

			Kdhi International Foundation (UK)
			Detailed Statement ofFinancial Activities
			for the Year Ended 31stDecember 2020
				31.12.20	31.12.19
Charitable activities
Brought forward				178,431	213,653
Charitable Donations				1,644,718	587,250
				1,823,149	800,903
Other
Freehold property				8,410	8,410
Fixtures and fittings				469	552
Motor Vehicles				1,987	2,649
				10,866	11,611
Support costs
Management
Trustees' expenses					4,491
Finance
Bank A Credit Card	Charges			40,016	32,543
Governance costs
Auditors' remuneration				9,600	9,000
Auditors' remuneration		for non audit work		19,392	18,432
Legal Fees				24,004	16,752
Professional Services				4,286	22,500
Exchange Gain / Loss				213,642	201,730
				270,924	268,414
Total resources expended				2,225,821	1,193,311
Net income before gains			and losses	5,212,601	4,286,122
Realised recognised	gains and losses
Realised gains/(losses)		on	investment
property				90,000
Net income				5,302,601	4,286,122