| Page | |||
|---|---|---|---|
| Legal and administrative | information | ||
| Trustees report | 2-4 | ||
| Independent examiners' |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial | statements | 8-12 |
| Charity | number | number | 1060417 | ||
|---|---|---|---|---|---|
| Business | address | 3 Shortlands | |||
| Hammersmith | |||||
| London | |||||
| W6 SDA | |||||
| Trustees | Mr Sayed Ahmed | Tariq Mir FCA | |||
| Mr Mohammed | Ahson Khan | ||||
| Mr Mohammad | Khan | ||||
| Dr Naseem Waraich | |||||
| Independent | Examiner | Arvind L Joshi FCA, CTA, DChA | |||
| Levyt Partners | Limited | ||||
| Chartered Accountants |
|||||
| 7 - 8 Ritz Parade | |||||
| Western Avenue | |||||
| London | |||||
| W5 3RA | |||||
| Bankers | Metro Bank | ||||
| One Southampton | Row | ||||
| London | |||||
| WC1B5HA |
| Financial review |
Financial review |
|||
|---|---|---|---|---|
| The financial statements are set out on pages 6 to 11 have been prepared Standard applicable in the UK and Republic ofIreland Charities SORP |
in accordance (FRSI02), |
with the Financial | Reporting | |
| Surplus | on ordinary activities 1,359 |
|||
| Retained | reserves brought forward 85,467 |
|||
| Retained | reserves carried forward 86,826 |
| Unrestricted | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| funds | Total | Total | ||||
| Notes | ||||||
| Incoming resources |
||||||
| Incoming resources from generating |
funds: | |||||
| Donations | 14,597 | 14,597 | 1,846 | |||
| Income from investment | property | 2 | 26,350 | 26,350 | 31,200 | |
| Total incoming resources |
40,947 | 40,947 | 33,046 | |||
| Resources expended | ||||||
| Costs ofgenerating funds: |
||||||
| Exceptional fundraising |
trading costs | 7,455 | 7,455 | |||
| Charitable activities |
10,375 | 10,375 | 10,700 | |||
| Governance costs |
9,928 | 9,928 | 11,384 | |||
| Other resources expended |
11,830 | 11,830 | 709 | |||
| Total resources expended |
39,588 | 39,588 | 22,793 | |||
| Net incoming resources |
||||||
| before transfers | 1,359 | 1,359 | 10,253 | |||
| Total funds brought forward |
85,467 | 85,467 | 75,212 | |||
| Total funds carried forward | 86,826 | 86,826 | 85,465 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | |||||||
| Fixed assets | |||||||
| Tangible assets | 2,400 | ||||||
| Investment property |
246,228 | 246,228 | |||||
| 248,628 | 246,228 | ||||||
| Current assets |
|||||||
| Debtors | 6,970 | 3,958 | |||||
| Cash at bank | and in hand | 42,445 | 41,772 | ||||
| 49,415 | 45,730 | ||||||
| Creditors: | amounts | falling | |||||
| due within | one year | 10 | (23,472) | (18,746) | |||
| Net current | assets | 25,943 | 26,984 | ||||
| Total assets less current | |||||||
| liabilities | 274,571 | 273,212 | |||||
| Creditors: | amounts | falling due | |||||
| after more | than one | year | (187,745) | (187745) | |||
| Net assets | 86.826 | 85,467 | |||||
| Funds | 13 | ||||||
| Unrestricted | income funds | 86,826 | 85,467 | ||||
| Total funds | 86,826 | 85,467 |
| 2. | Income fro | m investment property |
|||
|---|---|---|---|---|---|
| Unrestricted | 2021 | 2020 | |||
| funds | Total | Total | |||
| Rent income | 26,350 | 26,350 | 31,200 | ||
| 26,350 | 26,350 | 31,200 | |||
| 3. | Charitable | activities | |||
| Unrestricted | 2021 | 2020 | |||
| funds | Total | Total | |||
| Donations | 10,375 | 10,375 | 10,700 | ||
| 10,375 | 10,375 | 10,700 | |||
| 4. | Governance | costs |
| Governance costs |
|||
|---|---|---|---|
| Unrestricted | 2021 | 2020 | |
| funds | Total | Total | |
| Rent and rates Repairs k maintenance |
1,282 680 |
1,282 680 |
1,388 2,142 |
| Agent's commission |
1,800 | 1,800 | 1,800 |
| Independent Examination |
1,290 | 1,290 | 1,290 |
| Printing, postage and stationery |
25 | 24 | 40 |
| Loan interest | 4,694 | 4,694 | 4,694 |
| Bank charges | 157 | 157 | 30 |
| 9,928 | 9,927 | 11,384 |
| 5. | Other resources expended | |||||
| Unrestricted | 2021 | 2020 | ||||
| funds | Total | Total | ||||
| Legal and professional | 10,273 | 10,273 | ||||
| Insurance | 765 | 765 | 709 | |||
| General expenses |
192 | 192 | ||||
| Depreciation on ff& equipment |
600 | 600 | ||||
| 11,830 | 11,830 | 709 | ||||
| 6 | Trustees' remunerations |
and | benefits | |||
| There were no employees | during | the year apart from the Trustees, | (2020rNill) |
| Tangible fixed assets | ||
|---|---|---|
| Total | ||
| Cost | ||
| Additions | 3,000 | 3.000 |
| At I January 2021 and | ||
| At 31 December 2021 | 3,000 | 3,000 |
| Depreciation | ||
| At I January 2021 | ||
| Charge for the year | 600 | 600 |
| At 31 December 2021 | 600 | 600 |
| Net book values | ||
| At 31 December 2021 | 2,400 | 2,400 |
| 8. | Fixed asset investments | Fixed asset investments | Investment | |
|---|---|---|---|---|
| properties | Total | |||
| Valuation | ||||
| At 1 January 2021 and | ||||
| At 31December 2021 | 246,228 | 246,228 | ||
| 9. | Debtors | |||
| 2021 | 2020 | |||
| 8 | ||||
| Prepayments | 6,970 | 3,958 | ||
| lb. | Creditors: amounts | falling due | ||
| within one year |
2021 | 2020 | ||
| 8 | ||||
| Trade creditors | 3,375 | 3,375 | ||
| Accruals and deferred |
income | 20,096 | 15,371 | |
| 23,471 | 18,746 | |||
| 11. | Creditors: amounts | falling due | ||
| after more than one year | 2021 | 2020 | ||
| Loan | 187,745 | 187,745 |
| 13. | Analysi | s ofn | et assets between funds | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | ||||||||
| funds | funds | ||||||||
| Fund balances | at 31 December 2021 as represented | by; | |||||||
| Tangible | fixed | assets | 248,628 | 248,628 | |||||
| Current | assets | 49,415 | 49,415 | ||||||
| Current | liabilities | (23,472) | (23,472) | ||||||
| Long-term liabilities |
(I87,745) | (187,745) | |||||||
| 86,826 | 86,826 | ||||||||
| 14. | Unrestricted | funds | At | At | |||||
| 1January | incoming | Outgoing | 31 | December | |||||
| 2021 | i'esources | resources | 2021 | ||||||
| General | fund | 85,467 | 40,947 | (39,588) | 86,826 |