2021-12-31-accounts - Edhi International Foundation UK

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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
Notes to the Statement ofCash Flows	19
Notes to the Financial Statements	20 to	31
Detailed Statement ofFinancial Activities	32 to	33

1.	General Donations		6,343,334
2.	Qurbani Collections		429,473
3.	Other Income (Council Covid Grant)		17,358
4	Investment Income		159,091
5.	Revaluation ofInvestment	properties	45,000
	Total Income		6,994,256

1.	Qurbani Performed	Pakistan		429,473
2.	Purchase ofequipment	sent to	Pakistan for charitable
	purposes			220,353
3.	Ramadan Meal Boxes			7,508
4	Charitable Costs			355,707
5.	Governance Costs			28,032
6.	Other Costs			10,579
7.	Transferred to the unrestricted		reserve fund	5,942,604
	Total Disbursements			6,994,256

		fo	r the Ye	ar End	ed 31stDecem	ber 2021
							31.12.21	31.12.20
					Unrestricted	Restricted	Total	Total
					fund	fund	funds	funds
				Notes
INCOME AND ENDOWMENTS
PROM
Donations and legacies				2	6,343,334	429,473	6,772,807	6,932,991
Investment income				3	159,091		159,091	478,431
Other income					17,358		17,358	27,000
Total					6,519,783	429,473	6,949,256	7,438,422
EXPENDITURE ON
Raising funds					95,906		95,906	80,866
Charitable activities
Costs for generating	charitable		income		252,370		252,370	206,721
Charitable Donations					227,861	429,473	657,334	1,644,718
Other					46,042		46,042	293,516
Total					622,179	429,473	1,051,652	2,225,821
Net gains on investments					45,000		45,000	90,000
NKT INCOME					5,942,604		5,942,604	5,302,601
RECONCILIATION		OF FUNDS
Total funds brought		forward			43,599,505		43,599,505	38,296,904
TOTAL PUNDS CARMED
FORWARD					49,542,109		49,542,109	43,599,505

					31.12.21	31.12.20
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes
FIXEDASSETS
Tangible assets		12	369,959		369,959	378,668
Investments
Investments		13	6,632,054		6,632,054	1,525,685
Investment property		14	2,205,000		2,205,000	2,160,000
			9,207,013		9,207,013	4,064,353
CURRENT ASSETS
Debtors: amounts	falling due within one
year		15	290,415		290,415	37,426
Debtors: amounts	falling due after more
than one year		15	4317		4,317	5,717
Investments		16	39,689,229		39,689,229	39,250,192
Prepayments and	accrued income		11,479		11,479	9,109
Cash at bank and	in hand		386,098	801,084	1,187,182	647,195
			40,381,538	801,084	41,182,622	39,949,639
CREDITORS
Amounts falling due within one year		17	(26,379)	(801,0&4)	(827,463)	(394,422)
NET CURRENT	ASSETS		40,355,159		40,355,159	39,555,217
TOTAL ASSETSLESSCURRENT
LIABILITIES			49,562,172		49,562,172	43,619,570
ACCRUALS AND DEFERRED
INCOME		18	(20,063)		(20,063)	(20,065)
NKT ASSETS			49,542,109		49,542,109	43,599,505

I&UNDS		19
Unrestricted	funds		49,542,109	4',599,S05
TOTAL FUNDS			49,542,109	4. ,599,~05

		Statement ofCash Flows	Statement ofCash Flows
	for the	Year Ended	31stDecember 2021
			31.12.21	31.12.20
		Notes
Cash flows from operating	activities
Cash generated &om operations		1	5,989,422	5,209,317
Net cash provided by operating activities			5,989,422	5,209,317
Cash flows from investing	activities
Purchase oftangible fixed assets			(1,870)
Purchase offixed asset investments			(5,106,369)	(1,525,685)
Short term Investment			(439,037)	(4,151,394)
Interest received			97,841	402,231
Net cash used in investing activities			(5,449,435)	(5,274,848)
Change in cash and cash
equivalents in the reporting	period		539,987	(65,531)
Cash and cash equivalents	at the
beginning ofthe reporting	period		647,195	712,726
Cash and cash equivalents	at the
end ofthe reporting period			1,187,182	647,195

ACTIVITIES
				31.12.21	31.12.20
Net income for the	reporting	period (as per the	Statement
ofFinancial Activities)				5,942,604	5,302,601
Adjustments for:
Depreciation charges				10,579	10,866
Gain on investments				(45,000)	(90,000)
Interest received				(97,841)	(402,231)
(Increase)/decrease	in debtors			(253,959)	9,082
Increase in creditors				433,039	378,999
Net cash provided	by operations			5,989,422	5,209,317
ANALYSIS OF CHANGES		IN NKT FUNDS
			At 1.1.21	Cash flow	At 31.12.21.
Net cash
Cash at bank and in	hand		647,195	539,987	1,187,1&2
			647,195	539,987	1,187,182
Liquid resources
Deposits included in cash
Current asset investments			39,250,192	439,037	39,689,229
			39,250,192	439,037	39,689,229
Total			39,897,387	979,024	40,876,411

DONATIONS AND LEGACIES
	31.12.21	31.12.20
Donations	6,750,037	6,768,893
Gift aid	22,770	164,098
	6,772,S07	6,932,991

INVKSTMKNT INCOME
	31.12.21	31.12.20
Rental Income	61,250	76,200
Deposit account interest	97,841	402,231
	159,091	478,431

Raising do	nations and legacies
		31.12.21	31.12.20
		f.
Publication	costs	61,394	59,682
Advertisement		34,512	21,184
		95,906	80,866

								Grant
								funding of
								activities	Support
							Direct	(see note	costs (see
							Costs	6)	note 7)	Totals
	Costs for generating			charitable
	income						205,861		46,509	252,370
	Charitable		Donations					657,334		657,334
							205,861	657,334	46„509	909,704
6.	GRANTS		PAYABLK
									31.12.21	31.12.20
	Charitable		Donations						657,334	1,644,718
	This amount includes the following					payments:
	Qurbani	performed		in Pakistan	on	behalf	ofUK donors	for 2021		429,473
	Purchase	ofvarious		equipments	to	be used in Pakistan				220,353
	Distributed		food boxes during		Ramadhan					7,508
										657,334

7.	SUPPORT CO	ST	S
					Governance
				Finance	costs	Totals
	Other resources	expended		58,733	(23,270)	35,463
	Costs for generating		charitable
	income				46,509	46,509
				58,733	23,239	81,972
8.	OTHER
					31.12.21	31.12.20
	Depreciation				10,579	10,866
	Support costs				35,463	282,650
					46,042	293,516
9.	AUDITORS' REMUNERATION
					31.12.21	31.12.20
	Fees payable to	the	charity's	auditors for the audit ofthe charity's
	financial statements				9,600	9,600
	Other non-audit	services			18,432	19,392
	Total fees payable				28,032	28,992

STAF	FCOSTS
		31.12.21	31.12.20
Wages	and salaries	143,138	133,154
Social	security costs	6,854	6,335
Other	pension costs	554	524
		150,546	140,013

The average monthly	number ofemployees	during the year was as follows:
		31.12.21	31.12.20
Average Monthly Employees		13	10

12.	TANGIBLE FIXEDASS	ETS
				Office
			Freehold	Furniture	Motor
			property	EcEquipment	Vehicles	Totals
	COST
	At 1stJanuary 2021		420,509	56,104	10,597	487,210
	Additions			1,870		1,870
	At 31stDecember 2021		420,509	57,974	10,597	489,080
	DEPRECIATION
	At 1stJanuary 2021		50,462	53,444	4,636	108,542
	Charge for year		8,410	679	1,490	10,579
	At 31stDecember 2021		58,872	54,123	6,126	119,121
	NET BOOK VALUE
	At 31stDecember 2021		361,637	3,851	4,471	369,959
	At 31stDecember 2020		370,047	2,660	5,961	378,668
13.	FIXEDASSETINVESTMENTS
					31.12.21	31.12.20
	Long term Investment				6,632,054	1,525,685
	There were no investment	assets outside	the UK.
	Investments (neither listed	nor unlisted)	were as follows:
					31.12.21	31.12.20
	Long term deposit				6,632,054	1,525,685

FAIR VALUE
At 1stJanuary 2021	2,160,000
Revaluation	45,000
At 31stDecember 2021	2,205,000
NET BOOK VALUE
At 31stDecember 2021	2,205,000
At 31stDecember 2020	2,160,000

Fair value	at 31stDecember 2021 is represented
Valuation	in 2015		351,828
Valuation	in 2016		253,982
Valuation	in 2018		250,000
Valuation	in 2020		90,000
Valuation	in 2021		45,000
Cost			1,214,190
			2,205,000
DEBTORS
		31.12.21	31.12.20
Amounts	falling due within one year:
Other debtors		289,015	36,026
Lease incentive		1,400	1,400
		290,415	37,426

DEBTO	RS - continued
		31.12.21	31.12.20
Amounts	falling due after more than one year:
Lease incentive		4,317	5,717
Aggregate	amounts	294,732	43,143

CREDITORS: AMOUNTS FALLING DUE W	ITHIN ONE YEAR
	31.12.21	31.12.20
Social security and other taxes	2,480	2,089
Other creditors	824,983	391,183
Tenant's deposit		1,150
	827,463	394,422

18.	ACCRUALS	AND DEFERRED	AND DEFERRED	INCOME	INCOME
							31.12.21		31.12.20
	Accruals and	deferred income					20,063		20,065
19.	MOVEMENT IN FUNDS
							Net
							movement	-	At
						At 1.1.21	in funds		31.12.21
	Unrestricted	funds
	General fund					43,599,505	5,942,604	49,542,109
	TOTAL FUNDS					43,599,505	5,942,604	49,542,109
	Net movement	in funds, included		in the	above are as	follows:
					Incoming	Resources	Gains and		Movement
					resources	expended	losses		in funds
	Unrestricted	funds
	General fund				6,519,783	(622,179)	45,000	5,942,604
	Restricted funds
	Qurbani				429,473	(429,473)
	TOTAL FUNDS				6,949,256	(1,051,652)	45,000	5,942,604
	Comparatives	for 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

			Net
			movement	At
		At 1.1.20	in funds	31.12.21
Unrestricted	funds
General fund		38,296,904	11,245,205	49,542,109
TOTAL FUNDS		38,296,904	11,245,205	49,542,109

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		13,586,594	(2,476,389)	135,000	11,245,205
Restricted funds
Qurbani		801,084	(801,084)
TOTAL FUNDS		14,387,67S	(3,277,473)	135,000	11,245,205

	Detailed Statement ofFinancial Activities
	for the Year Ended 31stDecember 2021---
		31.12.21	31.12.20
INCOME AND ENDOWMENTS
Donations and legacies
Donations		6,750,037	6,768,893
Gift aid		22,770	164,098
		6,772,807	6,932,991
Investment income
Rental Income		61,250	76,200
Deposit account interest		97,841	402,231
		159,091	478,431
Other income
Council Grant		17,358	27,000
Total incoming resources		6,949,256	7,438,422
EXPENDITURE
Raising donations	and legacies
Publication costs		61,394	59,682
Advertisement		34,512	21,184
		95,906	80,866
Charitable activities
Wages		143,138	133,154
Social security		6,854	6,335
Pensions		554	524
Rent and Rates		19,260	15,057
Insurance		10,325	8,653
Light and heat		7,266	6,188
Telephone		4,506	2,640
Repairs And Renewals		9,089	2,453
Other Expenses		4,869	3,427
Carried forward		205,S61	178,431

		Edhi International Foundation (UK)
		Detailed Statement ofFinancial Activities
		for the Year Ended 31stDecember 2021-	--- — —---—
			31.12.21	31.12.20
Charitable activities
Brought forward			205,861	178,431
Charitable Donations			657,334	1,644,718
			863,195	1,823,149
Other
Freehold property			8,410	8,410
Fixtures and fittings			679	469
Motor Vehicles			1,490	1,987
			10,579	10,866
Support costs
Finance
Bank EcCredit Card	Charges		58,733	40,016
Governance costs
Auditors' remuneration			9,600	9,600
Auditors' remuneration		for non audit
work			18,432	19,392
Legal Fees			25,504	24,004
Professional Services			21,005	4,286
Exchange Gain / Loss			(51,302)	213,642
			23,239	270,924
Total resources expended			1,051,652	2,225,821
Net income before gains		and losses	5,897,604	5,212,601
Realised recognised	gains and losses
Realised gains/(losses)	on investment
property			45,000	90,000
Net income			5,942,604	5,302,601