2023-03-31-accounts - Mushkil Aasaan Limited

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					Page
Reference	and	Admrnistrative		Detarls
Strategic	Report				2 to	4
Report of	the	Trustees			5 to	11
Report of	the	Independent		Auditor	12 to	14
Statement	of	Financial	Activities		15
Balance Sheet					16
Cash Flaw	Statement				17
Notes to	the	Cash Flow	Statement		18
Rotes to	the	Financial	Statements		19 to	26

TRDSTESS	TRDSTESS	Mrs.	Shaheen Farhat	Shaheen Farhat
		Mrs. Mrs.	Khalrda Habib	Mehal(resigned Lateef		14 July	2023)
		Mrs.	Rafeeq	Deen (appointed		le July	2023)
COMPANY	SECRETARY	Mrs.	Naseem	Aboobaker
REGZSTARED OFFZCE		220-222 Dppex Tooting			Road
		London
		BW17	7E'M

ZNDEPENDENT	AUD	ZTOR	Nasrr Mahmud	FCA	FCA
			Chartered Accountant
			Falcon House
			257 Hurl). ngton		Road
			Nee Maiden
			Surrey
			KT3 ONE

Financial	Ensure standard accountancy
performanc e anri resilience	procedures are followed and rsenaged on a regular basis	accounts
Protecting	Ensure inforrsetion relating	to assets
the Charity's	are up to date and reviews take place regularly
assets
Poor data integrity	Ensure data processing is carried according to statuary requirements		out
and	along with regular audits
governance
including
(GDPR)
Regulatory	Ensure all. carapliance standards are
and	known and regular audits take place
Reputation	during the year, especially	CQC
ai. ri.sks
Staff Ireiibeing	Ensure regular 121e are held staff by line managers and appropriate policies are i.n	with place	all for
	training and development

for the Yea	r Ended 31	(4arch 202	3
								31.3.23	31.3.22
				Unrestricted		Restricted		Total	Total
					funds	fund		funds	funds
INCOME AWD	~NTS	FROW	notes		6			6	8
Donations and legaci.es			2		48, 802	49,968		98,770	98,942
Other trading activities Investment income			3 4	1,826,582 185,766			1,826,582 185,766		I,641,642 184,233
				Zr061&150		49,968	2,	ill, IIS	1,924(817
EXPEND ZTUSE	014
Raising funds			5		54,368			54,368	27,382
Charitable	activities		6
Spot Purchases Charitable acti.vity Governance costs				1,391,736 355,510 17,000		45&769	I,	391,736 401,279 17,000	I,100,883 442, 367 17,000
Total				I,	S18,614	45,769	1,864,383		1,587,632
net gas.ns(loss) on rnvestments					(32,400)			(32,400)	16,200
(4ET ZNC044E/	(EEPENDZTGRE)				210,136	4,199		214,335	353,385
RECGNCZLZATZGN OF FUNDS
Total funds	brought foreard			7,	986,151	(30,734)	7,	955,417	7,602,032
TOTAL FORDS	~ED FORWARD			8,	196,287	(26,535)	8,	169,752	7,955,417

31 (4arch 2	023
				31.3.23	31,3.22
				Total	Total
				funds	funds
			Notes	f,	f.
TIRED ASSETS
Tangible assets			12	490,208	495,269
Investment	property		13	4,230,000	4,270, 000
				4,720,2DB	4,765,269
CURRENT AS8ETS
Debtors Cash at bank and		I.n hand	14	310,023 3,570,559	317,643 3,307,019
				3,880,582	3,624, 662
CREDZTORS
Amounts falling		due within	one year 15	(216,338)	(212,214)
NET CURRENT	ASSETS/ fLIASXLITIES)			3,664,244	3,412,448
TOTAI ASSETS LESS CURRENT IZARIZ ZTIES				8,384, 452	8,177,711
PROVISIONS	IPOR IIASXIITIES		16	(214,70D)	(222,300)
NET ASBET8				5,159,752	7,955 917
SVNDS			17
Unrestricted	funds:
General fund Revaluation Reserve				7,280,087 916,200	7,037,551 948,600
Restricted	funds:			8,196,287	7,986,151
Restri cted	Fund			(26,535)	(30,734)
TOTAT. FUND8				8,169,752	7,955,417

(A com an limited b uars	ntee)
Cash Flow Statement
fax' the Year Ended 31 Narch	2023
		31.3.23	31.3.22
	Notes
Cash flows i'rom operating activities
Cash generated from operations Interest paid		262,199 (3,621)	322 r002 (2,992)
Net cash provided by operating actxvities		258,578	319,010
Cash flovs from investing activities Purchase of tangible fixed assets Interest received		(7,142) 12,104	246
Repayment of loan
Net caah provided by xnVeating aotivitiee		4,962
Change an cash and cash
eguivaients in the reporting period Cash axui cash eguivalaui:s at beginning of the reporting	the	263, 540 3,307,019	319r256 2,987,763
perrod
Cash and cash equivalents at uud of the reporting period	the	3,570,559	3,307,019

il Aasaan Lrmited m an limited b grantee) to the Cash Flow Statement he Year Ended 31 March 2023
RECONCII, IATION OP NRT INCOME TO NET	CASH	PEON	PROM	OFERATINQ ACTIVITIES 31.3.23 31.3.22
					6
Net radome i'or the reporting period Statement of Financial Activities) Adjustments for: Depreciation charqes (Gains) ( Losses on investments Interest received Interest pard Decrease/(increase) in debtors Increase/(decrease) in creditors	(ae	per the		12,203 32,400 (12,104) 3,621 7,620 4, 124 214,335	11,825 (16,200) (243) 2,992 (45,802) 16,048 353,385
Net cash provided by operatrona				262,199	322,002

ANALYSIS OP	CSANGES IN NET FUNDS
		At 1.4.21	Cash	flow	At 31.3.22
				8
Net cash
Cash at bank	and in hand	3,307,019	263,	540	3,570,559
		3,307,019	263,	540	3,570,559
Total		3,307,019	263,	540	3,570,559

2,	DONATIONS AND		144DACIRS	144DACIRS	144DACIRS			31.3.23	31.3,22
									f,
	Grants							96,670	96,342
	Receipts under		Job	Retention			Scheme		2,600
	Misc, Income							2, 100
								98,770	98,942
	This is further Dnrestrrcted:		analysed			as;
	Covid Infection		Control			Grant			44,874
	SocJ.al Prescribing Receipts under Job			Retent(. on			Scheme		6,000 2, 600
	Other Grants							46,702
	Misc. incorre							2, 100
								48,802	53,474
	Restricted:
	(fonda@orth Borough			Council				45,468	45,468
	Community Falls		Prevent. ion					4, 500
3.	QTSRR TRADERS	ACTIVITIES						31.3.23	31.3.22
								f.	6
	Spot purchase	services						1,805,643	1,615,117
	Playscheme							20,939	26 525
								1,826 582	1,641 642
4,	INVSSTHRNT INCONS							31.3.23	31.3.22
									f.
	Rent.s received							173,662	183,987
	DeposJ.t account		i.nterest					12,104	246
								185r766	184,233
5.	RAISING PONDS
	Other trading	activities						31.3.23	31.3.22
								6
	Bad debts							6,349	(20,075J
	Investment aurrregement				ooste			31.3.23	31.3.22
								f
	Professional fees
	Property repairs Tax on rental income							41,256 6,763	19, 8'70 27, 587
								48,019	47,457
	Aggregate amounts							~54 368	27,382

CHARITASI)9
	Drrsct	Direct
	Costs	Costs
	2023	2022
Spot Purchases Charitable activity GovernanCe Coate	1,391,736 401,280 17,000	1,100,883 442, 367 17,000
	1,810,016	1,560,250

Net incorse/(e	xpenditure) is stated after	charging/(cred	iting)
			31.3.23	31.3,22
Depreciation fees payabls	—owned assets for the audit of the financial	statements	12,203 12,000	11,824 7,300
			24,203	19,124

							2023	2022
							f,	f,
Fees F'ees	payeble to payable for	Nasi. the	r )fshmud audit of	ths financial		statements	12,000	7,300
Fees payable to the for other services:			company's	auditor	and	its associates
Other	non-audit	services					5,000	9,700

for	the Yea	r Ended 31 March 2023
10.	STAFF	COSTS
			31.3.23	31.3.22
			6	6
	Wages Social Other	and salarres security costs pension costs	1,382, 874 81,795 20, 335	1,251, 584 68,809 18,285
			1.485,004	1,338,678

The average monthly number of empl	oyees during the year was as fo	llows,
	31.3.23	31.3.22
Care Services	114	157
Aoministration	09	07
Total		164

					Onrestricted	Restricted	Restricted	Total
					funds	fund		funds
	INCOME AND ~NTS		PRON			f.
	Donations snd legacies				53,474	45, 468		98,942
	Other trading ac.tivities				1,641,642			641,642
	Investment income				184,233			184,233
	Total				1,879,349	45,468	1,924, 817
	EXPEND ZTURB ON
	Raising funds				27,382			27,382
	Charitable sotivatiaa
	Spot Purchases Charitable activity Governance costs				1,100,883 396r340 17,000	46, 027	1,100,883 442, 367 17,000
	Total				1,541,605	46,027	1,587,632
	Nst gains on investments				16,200			16,200
	NET INCOME/(EXPENDITORE)				353,944	(559)		353(385
	RECONCZLIATZON OF FORDS
	Total funds brought	forward			7,632,207	(30,175)	7,602,032
	TOTAL PONDS CARRIED	FDRWARD			7,986,151	(30,734)	7,955,417
12.	'TANGIBLE FIXED ASSETS
						Fixtures
					Freehold	and
					property	fittings		Totals
					f.
	COST
	At 1 April 2022 and Addition	31	Natch	2023	710,534	18,529 7~165		729,063 7, 165
					~710 534	~25 694		736,228
	DEPRECIATZON
	At 1 April 2022 Charge for year				217,470 9,861	16,347 2, 342		233,817 12,203
	At 31 March 2023				227, 331	18,689		246, 020
	NET BOOK VALOR
	At 31 March 2023				483,203	7,005		490,208
	At. 31 March 2022				493,064	2,205		495,269

13.	INVESTMENT PROPE	RTY
	FAIR VALVE
	At 1 April 2022										4,902, 757
	Revaluation										(40,000)
	At 31 March 2023										4(862r757
	ANON TISATION
	8t 1 April 2022
	and 31 March 2023										632,757
	NET BOOK VALOR
	At 31 March 2023										4,230,000
	At 31 March 2022										4,270,000
14.	DEBTORS:~S FALLING			DUE WITBZN		ONE		TEAR
										31.3.23	31.3.22
	Trade debtors									159,060	180,321
	Prov'ision for' bad debts									(85,683)	(79,3341
	Prepayments and	accrued		income						236,646	216,656
										310,023	317,643
15.	CREDITORS: ANOONTS FALLIN(9				ZRS( EZTBIN		ONE		TEAR	31.3.23	31.3.22
	Tax Social security Other creditors	and	other		taxes					6,763 50,294 51,413	27,587 44,020 49,935
	Accruals and deferred		income							107,868	90,672
										216,338	212,214
16.	PROVISIONS FOR LZABII.ITZES
										31.3.23	31.3.22
	Deferred tax									214,700	222, 300

					Met
					movement		At
				At 1.4.22	in funds		31.3.23
				6
Unrestricted		funds
General fund			7,	037,551	242, 536	7,	280,087
Revaluation		Reserve		948,600	(32,400)		916,200
			7,	986r 151	210,136	8,	196,287
Restricted	funds
Restricted	Fund			(30,734)	4,199		(26,535)
TOTAL PUWDS			7,	955,417	214,335	8,	169,752
Qnreetricted reserves have been Sousing project and to enhance estimated cost of KSm.			designated for au identified Supported the exietia)4f services provided with

			lncomin9	Resour'ces	Garne and	Movement
			resources	sxpsntled	losses	in funds
			6	6	f.	f.
Unrestrzcted	funds
General fund		2,	061,150	(1,818,614)		242, 536
Revaluatron	Reserue				I32,400)	I32,400I
Restricted	funds	2,	061,150	(1,818,614)	(32,400)	210,136
Restricted	6'und		49,968	(45,769)		4,199
		2,	lll, 118	(1,864, 383)	(32,400)	214,335

Comperative	s for movement in f	unds
				Ret
				movsmant	At
			At 1.4.21	in funds	31.3.22
				f.
Unrestricted	funds
General fund		6,	699,807	337,744	7,037,551
Revaluation	Reserve		932,400	16,200	948,600
Restracted	funde	7,	632,207	353,944	7,986,151
Restricted	Bund		(30,175I	(559)	(30,734)
TOTAL PUHDS		7,	602,032	3'53,385	7,955,417

			zncoming resources	Resources expended	Gains and losses	Movamant in funds
			f.	6
Dnreetric ted		funds
General fund Revaluation		Reserve	1,879,349	(1,541,605)	16,200	331,144 16,200
Restricted	funds		1,879,349	(1,541,605)	16,200	353,944
Restricted	Fund		45,468	(46,027)		(559)
			1,924, 817	(1,587,632)	16,200	353,385

Mushkil Aasaan (.imited
(A corn an lixsited b	uarantee
Detailed Statement of	Financial		Activities
for the Year Ended 31	March	2023
				31.3.23	31,3.22
				f.
INCOME AND ENDOWMENTS
Donations and legacies
Drants Donated servx.ces and foci.lities				96,670	96,342 2,600
Misc. income				2,100
Other trading activities Spot purchase services				98,770 1,826,582	98,942 1,641,642
Tnvestment income
Rents received Deposit account interest				173,662 12,104	183,987 246
				185,766	184,233
Total. sncosd.ng resources				2,111,118	1,924,817
EXPENDITURE
Other trading activities
Bad debts				6,349	(20(075)
Investment management Professional fees	costs
Property repairs Tax un rental income				41,256 6, 763	19,870 27,587
Charitable activitres				48,019	47,457
Wages Social security Pensiors Rates and water				1,382, 874 81,796 20, 336 11,067	1,251,105 68,809 18,285 12,661
Insurance				41(674	41(246
Light and heat				8,106	8,579
Telephone Postage and stationery Sundx les				5, 707 7,806 6,971	5,270 6,659 10,454
Travelling				3,510	2(450
Audxt				7,300	7,300
Accountancy				25, 082	22, 404
Consultancy fees Professional fees				18,200 133,502	18,200 43,749
Reps.l.xs and maintenance				10,634	8,499
Community care				29,625	19,285
Freehold property Fixtures and fxttxngs Bank interest Bank loan interest				9,861 2,343 3, 621	10,063 1,762 2,992
				1(810(015	1(560 250
Total resources experded				1,864, 383	1,591,084
Net income				246,735	317,109