| Contents | |||
|---|---|---|---|
| Page | |||
| Trustees Report | 1-3 | ||
| Independent Examiners |
Report | ||
| Statement OfFinancial | Activities | ||
| Balance Sheet | |||
| Notes ToThe Accounts | 7-10 | ||
| Income and Expenditure | Account |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Notes | Restricted | Unrestricted | Total | Total | ||
| Fund | Fund | Fund | Fund | |||
| Incoming Resources | ||||||
| Donations received | 53,866 | 53,866 | 68,432 | |||
| 250 | 250 | 150 | ||||
| Sadqa | 2,245 | 2,245 | 2,220 | |||
| Gift Aid received | ||||||
| Total Incoming Resources | 2,495 | 53,866 | 56@61 | 70,802 | ||
| Resources Expanded | ||||||
| Direct Charitable expenditure |
75,74875,748 | 70,807 | ||||
| Fundraising costs |
7,084 | 7,084 | 12,885 | |||
| Managing and administration |
13,930 | 13,930 | 20,785 | |||
| Other resources | 612 | 612 | 572 | |||
| Total Resources Expanded | 97@74 | 97+74 | 105,049 | |||
| Net Incoming/(Outgoing) | Resources. for | the year | 2,495 | (43,50$) | (41,013) | (34/47 |
| Total funds at27 June 2022 | 83,746 | 83,746 | 117,993 | |||
| Total funds at26June | 2023 | 2,495 | 40738 | 42,733 | 83,746 |
| .Mercy Universal | ||||||||
|---|---|---|---|---|---|---|---|---|
| Balance sheet | ||||||||
| as at26June.2023 | ||||||||
| 2022 | ||||||||
| Notes | ||||||||
| Fixed assets | ||||||||
| Intangible assets Tangible assets |
6- 7 |
31 2,755 |
38 2,567 |
|||||
| 2,786 | 3,603 | |||||||
| Current assets | ||||||||
| Cash atbank and | in hand | 46,073 | 85,310 | |||||
| Current lialities | ||||||||
| Sundry payables | and accruals | 6,.126 | 4,169 | |||||
| Net current assets | 39@47 | 81,141 | ||||||
| Total assets less | current | |||||||
| , lhbiiities | 42,733 | 83,746 | ||||||
| Accumulated Fund Account |
||||||||
| Unrestricted Ponds b/fwd ExcessofExpenditure. Over Income |
83,746 (41,013) |
117,993 (34447) |
||||||
| 42,733 | 83,746 | |||||||
| Signed on behalf | ofthe Trustees | |||||||
| N Ahmed 15/04/2024 13:25:02 |
D A Hussar 15/04/2024 |
13147:45 | ||||||
| Naze Alms | ||||||||
| Mr Nazir Ahmed | DrAHussain | |||||||
| Approved by the Trustees on:.......... |
| Direct Charitable | Direct Charitable | Direct Charitable | Expenditure | Expenditure | 2023 | 2022 |
|---|---|---|---|---|---|---|
| Donations | made | 75,748 | 70,807 | |||
| 75,748 | 70,807 | |||||
| Fundraising | Costs | 2023 | 2022 | |||
| Advertising | and promotions | 500 | 744 | |||
| Support and | Fundraising | costs | 5,690 | 10,871 | ||
| Telephone, | fax and | internet | 797 | 1,025 | ||
| Travelling | 97 | 245 | ||||
| 7,084 | 12,885 |
| 4. | Management | and Administration | and Administration | and Administration | Expenses | 2023 | 2022 | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Staffsalaries | ||||||||||
| Oinces rent and service | charges | 8,401 | 13,409 | |||||||
| Rates | 476 | 1,387 | ||||||||
| Insurance | ||||||||||
| Light &heat | ||||||||||
| Printing, postage and stationery |
417 | 653 | ||||||||
| Computer & | networking | costs | 972 | 1,863 | ||||||
| Bookkeeping | Fees | 1/00 | 1,200 | |||||||
| Accountancy | fees | 1,800 | 1,800 | |||||||
| Bank charges | 69 | 70 | ||||||||
| Merchant charges | 595 | 403 | ||||||||
| Membership | Fees | |||||||||
| 13,930 | 20,785 | |||||||||
| 5. | Other Resources | 2023 | ||||||||
| Ammortisation | on intangible | assets | 7 | 8 | ||||||
| Depreciation | on tangible | assets | 605 | 564 | ||||||
| 612 | 572 |
| Sofhv | are | Total | |||
|---|---|---|---|---|---|
| Cost | |||||
| At 27 June 2022 | 2,316 | 2,316 | |||
| At 26 June 2023 | 2,316 | 2,316 | |||
| Provision for | |||||
| diminution in value |
|||||
| At 27 June 2022 | 2/78 | 2,278 | |||
| Charge for year | 7 | 7 | |||
| at 26 June 2023 | 2,285 | 2@85 | |||
| Net book values | |||||
| At 26 June 2023 | 31 | 31 | |||
| At 26 June 2022 | 38 | 38 | |||
| 7. | Tangible assets | ||||
| Fixtures | Equipment | ||||
| Fittings | Total | ||||
| Cost | |||||
| At27 June 2022 | 25,527 | 16,765 | 42,292 | ||
| Additions | 791 | 791 | |||
| At 26 June 2023 | 26,318 | 16,765 | 43,083 | ||
| Depreciation | |||||
| At 27 June 2022 | 25435 | 14,488 | 39,723 | ||
| Charge for the year | 195 | 410 | 605 | ||
| At 26 June 2023 | 25,430 | 14,898 | 40,328 | ||
| Net book values | |||||
| At 26 June 2023 | 888 | 1,867 | 2,755 | ||
| At 26 June 2022 | 292 | 2,277 | 2,569 |
| 8. | Current | liabilities | 2023 | 2022 | |
|---|---|---|---|---|---|
| Taxes and social security costs | 11 | 1,169 | |||
| Accruals | 6,115 | 3,000 | |||
| 6,126 | 4,169 | ||||
| 9. | Analysis | ofNet Assets between Funds | 2023 | 2022 | |
| Fund balances at 26June 2023are represented | by: | ||||
| Tangible | Fixed assets | 2,755 | 2,567 | ||
| Intangible | Asset | 31 | 38 | ||
| Current Assets | 46,073 | 85,310 | |||
| Current Liabilities | (6,126) | (4,169 | |||
| Total Net | Assets | 42,733 | 83,746 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Income | ||||||
| Donation received- Unrestricted | 53,866 | 68,432 | ||||
| Sadqa (Restricted Funds) | 250 | 150 | ||||
| Zakat (Restricted funds) | 2+45 | 2,220 | ||||
| 56/61 | 70,802 | |||||
| Expenditure | ||||||
| Charitable Donations |
58/23 | 57,321 | ||||
| Ramadan Projects | 6,465 | |||||
| Qurbanis Donations |
8,660 | 7,600 | ||||
| Advertising 4 promotions | 500 | 744 | ||||
| Local Programme | 2,300 | 5,886 | ||||
| Support and Fundraising | costs | 5,690 | 10,871 | |||
| Telephone, fax and internet |
797 | 1,025 | ||||
| Travelling | 97 | 245 | ||||
| Of5ces rent and service | charges | 8,401 | 13,409 | |||
| Rates | 476 | 1,387 | ||||
| Printing, postage and stationery |
417 | 653 | ||||
| Computer 4networking | costs | 972 | 1,863 | |||
| Bookkeeping Fees | 1,200 | 1+00 | ||||
| Accountancy fees |
1,800 | 1,800 | ||||
| Bank charges | 69 | 70 | ||||
| Merchant Charges |
595 | 403 | ||||
| Ammortisation on intangible |
assets | 7 | 8 | |||
| Depreciation on tangible |
assets | 605 | 564 | |||
| Gift Aid | ||||||
| (97,374) | (105,049) | |||||
| Excess ofexpenditure | over | income | (41,013) | (34/47) |