| Page | |
|---|---|
| Trustees' Annual Report |
|
| Independent Ilxsminer's Report to the Trustees |
|
| Statement ofFinancial Activities | |
| Statement ofFinancial Position | 10 |
| Statement ofCash Flows | |
| Notes to the Financial Statements | 12 |
| Reference and Administrative | Reference and Administrative | Reference and Administrative | Details |
|---|---|---|---|
| Registered charity | name | Munshi Trust UK | |
| Charity registration | number | 1093706 | |
| Principal ofBce | Unity House | ||
| Fletcher Street | |||
| Bolton | |||
| Lancashire BL36'. |
|||
| The Trustees | |||
| Mr Mushtaq Munshi |
|||
| Mr Dilaver Valli | |||
| Mr Ebrahim Kassiin Bassa | |||
| Mr Ibrahim Khansaheb | |||
| Mr Salim Ibrabhu Patel | |||
| Mr Haroon Rasbid Yakub Petal | |||
| Mr Munavvar Munshi |
|||
| Ms Razia Munshi | |||
| Independent | Examiner | MARK ILLINGSWORTH | |
| The Old Mill, | |||
| 9Soar Lane | |||
| Leicester | |||
| LE35DE |
| 2022 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| funds | Total funds | Total funds | |||||
| Note | f | ||||||
| Income and endowments | |||||||
| Donations and legacies |
4 | 1,031,770 | 1,031,770 | 636,327 | |||
| Investment income |
5 | 1,881 | 1,881 | 1,235 | |||
| Total income | 1,033,651 | 1,033,651 | 637,562 | ||||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 6,7 | 1,172,659 | 1,172,659 | 321,476 | ||
| Total expenditure | 1,172,659 | 1,172,659 | 321,476 | ||||
| Net (expenditure)/income | and net movement | in funds | (139,008) | (139,008) | 316,086 | ||
| Reconciliation offunds | |||||||
| Total funds brought | forward | 978,931 | 978,931 | 662,845 | |||
| Total funds carried | forward | 839,923 | 839,923 | 978,931 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | |||||
| Carrent Assets | |||||
| Debtors | 11 | 30,240 | |||
| Cash atbask end in bead | 810~75 | 979,723 | |||
| 840,715 | 979,723 | ||||
| Creditors: amounts | falling due within one year | 12 | 792 | 792 | |
| Net Current Assets | 039g23 | 978g3l | |||
| Total Assets Lem Current Liabilities | 839/83 | 978931 | |||
| Net Assets | 839„ti23 | 978,931 | |||
| Ponds ofthe Charity | |||||
| Umestrictcd funds |
839dt23 | 978,931 | |||
| Total charity funds | 13 | 839P13 | 978@31 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Cash Flows from Operating | Activities | |||
| Net (expenditure)/income | (139,008) | 316,086 | ||
| Adjus nnents for: | ||||
| Other interest receivable | and | similar income | (1,881) | (1,235) |
| Interest payable and similar charges | 699 | 392 | ||
| Accrued expenses | 72 | |||
| Changes in: | ||||
| Trade and other debtors | (30,240) | |||
| Cash generated Imm operations |
(170,430) | 315,315 | ||
| Interest paid | (699) | (392) | ||
| Interest received | 1,881 | 1,235 | ||
| Net cash (used in)/from | operating activities |
(169448) | 316,158 | |
| Net (Decrease)/Increase | in Cash and Cash Equivalents | (169,248) | 316,158 | |
| Cash and Cash Equivalents | at Beginning ofYear | 979,723 | 663,565 | |
| Cash and Cash Equivalents | at End ofYear | 810,475 | 979,723 |
| Donations and Legades |
||||
|---|---|---|---|---|
| Unrestricted | Total Funds | Umestricted | Total Funds | |
| Funds | 2022 | Funds | 2021 | |
| Donafions | ||||
| Donations | 1,031,770 | 1,031,770 | 636,327 | 636,327 |
| Investment I |
nco | me | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| 8 | f | |||||
| Bank interest | receivable | 115 | 115 | 369 | 369 | |
| Other interest | receivable | 1,700 | 1,700 | |||
| Exchange rate gain | 66 | 66 | 866 | 866 | ||
| 1,881 | 1,881 | 1,235 | 1,235 | |||
| Expenditure | on | Charitable | Activities by Fund Type | |||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| f | f | |||||
| Direct charitable | activities | 1,171,168 | 1,171,168 | 320,092 | 320,092 | |
| Support costs | 1,491 | 1,491 | 1,384 | 1,384 | ||
| 1,172,659 | 1,172,659 | 321,476 | 321,476 |
| Artiid ties | ||||||
|---|---|---|---|---|---|---|
| undertaken | Total funds | Total fund | ||||
| directly | Support costs | 2022 | 2021 | |||
| 6 | 6 | |||||
| Direct charitable | activities | 1,171,168 | 792 | 1,171,960 | 321,084 | |
| Governance | costs | 699 | 699 | 392 | ||
| 1,171,168 | 1,491 | 1,172,659 | 321,476 |
| 8. | Analysis of | Support Costs | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Independent | ||||||||||
| Bank | charges | examiners | fees | Total 2022 | Total 2021 | |||||
| 6 | 6 | |||||||||
| Governance | costs | 699 | 699 | 391 | ||||||
| Support costs | 792 | 792 | 992 | |||||||
| 699 | 792 | 1,491 | 1,383 | |||||||
| 9. | Independent | Examination | Fees | |||||||
| 2022 | 2021 | |||||||||
| Fees payable | to the independent | examiner | for: | |||||||
| Independent | examination ofthe | financial | statements | 792 | 792 |
| 13. | Analysis ofC | Analysis ofC | harita | b | le Funds |
||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | funds | ||||||||
| At | |||||||||
| At | 31March 202 | ||||||||
| 1 April 2021 | Income | Expenditure | 2 | ||||||
| General | funds | 978,931 | 1,033,651 | (1,172,659) | 839,923 | ||||
| At | |||||||||
| At | 31 March 202 | ||||||||
| I April 2020 | Income | Expenditure | 1 | ||||||
| f. | 5 | ||||||||
| General | funds | 662,845 | 637,562 | (321,476) | 978,931 | ||||
| 14. | Analysis | ofNet Assets Between Funds | |||||||
| Unrestricted | Total Fuads | ||||||||
| Funds | 2022 | ||||||||
| 5 | |||||||||
| Current | assets | 840,715 | 840,715 | ||||||
| Creditors | less | than | 1 | year | (792) | (792) | |||
| Net assets | 839,923 | 839,923 | |||||||
| Unrestricted | Total Funds | ||||||||
| Funds | 2021 | ||||||||
| Current assets | 979,723 | 979,723 | |||||||
| Creditors | less | than I | year | (792) | (792) | ||||
| Net assets | 978,931 | 978,931 | |||||||
| 15. | Analysis | ofChanges | in Net Debt | ||||||
| At | |||||||||
| At 1 Apr 2021 | Cash flows | 31Mar 2022 | |||||||
| Cash at bank and in | hand | 979&723 | (169,248) | 810,475 |