2022-08-31-accounts - Tayyibah Educational Trust

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CONTENTS		PAGE
Trustees Annual Report		1-6
Independent Examiner's	report
Statement of Financial	Activities
Balance sheet
Cash Flow Statement		10
Notes to the Financial Statements		11-18

Registered	charity	name	TAYYIBAH EDUCATIONAL	TRUST
Charity registration		number	1056343
Principal	and Registered office		88 Filey Avenue, London, N16	6JJ

	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2022	2021
Note		f.	f.
INCOME FROM
Voluntary income 3 Charitable Activities 3 Other Income- CJRS Grant	1,568 585,473		1,568 585,473	4,907 578,240 4,876
TOTAL INCOME	587,041		587,041	588,023
EXPENDITURE ON Charitable activities 4/6	(540,706)		(540,706)	(543,559)
TOTAL EXPENDITURE	(540,706)		(540,706)	(543,559)
NKT INCOME FOR THK YEAR 7	46,335		46,335	44,464
RECONCILIATION OF FUNDS Total funds brought forward	1,229,521		1,229,521	1,185,057
TOTAL FUNDS CARRIED FORWARD	1,275,856		1,275,856	1,229,521

FISI'D ASSI' I S				tt)t2		)i)31
			Not..
I rccliohi Vropctti					1,151,346
I;i'ii 'ihlc;iss 'i ~			9		10 to(	I L72is
CIIRI(FNT AS'il. I'S
('ash ai hank aiirl	iii Iiattri		10	I 6') 02'		127.135
('RI.DI'I'ORS: Amounis		fitlling duc nithin	one	169,022		127.1 t5
tcii I'			11	(54,8()71		Id 7.(i861
NI I' ('(JRRFN'I'	ASSETS				I I4,215	7'),009
I'()'I'Al. ASSETS LESS		C(JRRI.N'I I.IAI)ILITIES			1,275,856	1,244.521
CRFDITORS; An)aunts		falling due after	ntorc
than unc year			11A			( I 5,0(101
NET ASSETS					1,275,856	I 72') 571
Fl!NDS
Unrestricted inconie. Iunils			12		1,275,856	1,22'),521
TOTAl, FUNDS					1,275,856	1.229,521

					2022	2022		2021
RECONCILIATION	OFNET INCOMING/(OUTGOING)				RESOURCES		BEFORE
TRANSFERS TO NET CASH INFLOW/(OUTFLOWl				FROM OPERATING
ACTIVITIES
Net incoming/(outgoing)	resources before		transfers				46,335	44,464
Depreciation							3,431	4,576
Decrease/(Increase) in	debtors							29,110
Increase/(Decrease) in	creditors						7,120	(23,075)
Net cash inflow/(outflow) from operating			activities				56,886	55,075
CAPITAL EXPENDITURE
Payments to acquire tangible		fixed assets
Net cash outflow from	capital	expenditure
Cash inflow/(outflow)	before	financing					56,886	55,075
FINANCING
Net outflow from other	loans				(14,999)			(5,001)
Net cash outflow from	financing						(14,999)	(5,001)
INCREASE/(DECREASE) IN CASH							41,887	50,074
RECONCILIATION	OFNET CASH FLOW MOVEMENT				TO MOVEMENT
IN NET FUNDS
							2022	2021
Increase/(Decrease) in	cash in	the period					41,887	50,074
Cash outflow from other loans							14,999	5,001
Change in net funds							56,886	55,075
Net debt at I September	2021						112,136	57,061
Net funds at 31 August	2022						169,022	112,136
ANALYSIS OF CHANGES		IN NET FUNDS
					1Sep 21	Cash flows f		31Aug 22
Cash at bank					127,135		41,887	169,022
Debt due after I year					(14,999)		14,999
					112,136		56,886	169,022

2A Detail«d notes	for the	statemeat ofnnsaei ~I activities
			2022	2022	2022
			uarestricted	Restricted	Total
~fn roni
Donations			l,568
School Fees			585,473
Other income- CJRS Grant
Totsllaeorae			»I
~Ex ~ottuXpai
Charitable Activities			540,706			--540706.
Total expenditure Netincome / expenditure			':.n46.335-	l		4~6335."
Net locome /(expenditure)		hcfore other recogolsed gains snd
losses Net movement ln fuads			46v335x r46!335 '	!		46A335- . - 46'r335- .
Total funds hroughl	fonvsrd					I
Total funds carried	(ornsrd

2a Deluged compa	rstlves	for the ststemeut oftins	ncial activities
				2021	2021	2021
				Unrestricted	Restricted	Total
~a
Donations School Fees Other Income- CJRSGrant				4,907 578,240			99,907 ] ,240:
Total Income
Charitable Activities				543,559			&3r559-
Total expenditure
Net income / expenditure				rrt47454			44,454
Net income /(expenditure)		before other recognised	gains snd
losses							44„454-
Net movement in fuads						-	44";dad'-.=-I
Total funds brought	fonvard
Total funds carried	forvvard					1229522

CHARITABLE ACTIVITIES
	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2022	2021
		f	f.
Light and Heat	6,623		6,623	6,507
Printing, Postage, Stationary	4,302		4,302	2,901
School Books	1,031		1,031	1,009
Exam Fees	9,410		9,410	14,073
Telephone &Internet	1,470		1,470	1,945
Repairs &Maintenance	3)925		3,925	3,975
Wages and Salaries	465,251		465,251	465,794
Insurance	5,600		5,600	5,090
Rates	2,298		2,298	2,071
Donation Grant Cost	667		667	448
Travel	435		435
Sundry Expenses	1,543		1,543	1,291
Computer Maintenance	11,460		11,460	10,034
Depreciation	3,431		3,431	4,576
Professional Fees	16,404		16,404	16,245
Bank Charges	1,737		1,737	2,102
Independent Examiner Fees	3,120		3,120	1,500
Ofsted Inspection Fees	1,999		1,999	3,998
	~540 706		~540 706	543 559

Total staff costs wer	e as follows:
		2022	2021
		f
Wages and salaries		465,251	465,794
		465451	465,794
The average monthly	number ofemployees	during the year was as follows:
		2022	2021
		No	No
Number ofstaff		30	29

						Total 2022	Total 2022	Total 2022		Total 2021
Cash	at bank							169,022		127,135
11.	CREDITORS: Amounts		falling		due within			one year
										2022	2021
	School Fees Deposits									40,250	34,750
	Accruals									1,620
	Creditors									12,937	12,936
										54,807	47,686
11A.CREDITORS: Amounts			falling		due after		more than one year
										2022	2021
	Other Creditors										10,000
	Loan from Trustee (Interest free)										5,000
											15,000
12.	MOVEMENT	IN FUNDS
		Balance at		Incoming			Outgoing		Transfers	Balance at
		1Sept 2021		Resources f			Resources f			31Aug 2022
Unrestricted		1,229,521			587,041			(540,706)		1,275,856
Fund
13.	ANALYSIS OFNET ASSETS				BETWEEN FUNDS
				Net assetsl		(liabilities)			Total 2022	Total 2021
	Unrestricted Income Funds				1,275,856				1,275,856	1,229,521
	Total Funds				1,275,856				1,275,856	1,229,521