## ||||Page|| |---|---|---|---|---| |Rcport ofthe Trustees||I|to|5| |Report ofthe Inde peed|ent Auditors|6|to|9| |Statement ofFinancial|Activities||10|| |Balance Sheet||||| |Cash Flotv Statcmcnt|||12|| |Notes to the Cash Flow|Statensent||13|| |Notes to the Flannelet Statentents||14|to|21| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||31/3/23|31/3/22| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Total| ||||||fund|fund|fttiu}s|funds| |||||Notes|f.||K|| |INCOME|AND ENDOWJVIENTS FROM|||||||| |Donations|nnd legacies|||2|267,436|2,956,779|3,224,215|2,826,619| |investment|income||||292||292|4,681| |Total|||||267,728|2,956,779|3,224,507|2,831,300| |EXPENDITURE||ON||||||| |Raising funds||||||||| |Raising donations||and|legacies|||47)908|47)908|95,651| |||||||47,908|47,908|95,651| |Charitable|activities|||||||| |Charitable|projects|||||2)749)668|2,749,668|2,314,615| |Other|||||358)137|34,718|392)855|337,974| |Total|||||358,137|2,832,294|3)190,431|2,748,240| |NET INCOME/(EXPENDITURE)|||||(90&409)|124,485|34)076|83,060| |RECONCILIATION|||OF FUNDS|||||| |Total funds|brought|fonvard|||124,475|1,116,718|1,241,193|1,158,133| |TOTAL IrUNDS CARRIED FORWARD|||||34)066|1441)203|1,275,269|1,241,193| ## ||~BAL|1)LOE~EET|1)LOE~EET||| |---|---|---|---|---|---| |||A|CH 2023||| |||||31/3/23|31/3/22| ||Notes||||| |FIXEDASSETS|||||| |Tangible assets|12|||800|1,425| |CURRENT ASSETS|||||| |Debtors|13|||31,595|24,289| |Cash at bank and in hand||||1,275)455|1,267,697| |||||1,307,050|1,291,986| |CREDITORS|||||| |Amounts
falling due ivithin one year||||(32,581)|(52,218)| |NET CURRENT ASSETS||||1)274,469|1,239,768| |TOTAL ASSETSLESSCURRENT|||||| |LIABILITIES||||1,275,269|1,241,193| |NET ASSETS||||1,275,269|1,241,193| |FUNDS|16||||| |Unrestricted
funds||||34)065|124,475| |Restricted
funds||||1)241,204|1,116,718| |TOTAL FUNDS||||1&275)269|1,241,193| |||||||ASH FL|TEME|| |---|---|---|---|---|---|---|---|---| |||||F||THE YEAR ENDED 31MARCH 2023||| ||||||||31/3/23|3I/3/22| |||||||Notes|f.|f,| |Cash flows from|operating||activities|||||| |Cash genemted
from||operations|||||7,466|92,897| |Net cash ptxivided|by|operating||activities|||7,466|92,897| |Cash flows from|investing||activities|||||| |Purchase oftangible||lixed assets||||||(973)| |Interest received|||||||292|4,681| |Net cnsh ptnvided|by|investing||activities|||292|3,708| |Change
in cash|nnd|cash equivalents|||In|||| |tile i'epol'tltlg
pel'loil|||||||7,758|96,605| |Cash and cash equivalents|||at|thc||||| |beginning
ofthe|reporting||pciiod||||1,267&697|1,171,092| |Cash aud cash equivalents|||at|the cnd|of|||| |the reputing
period|||||||1,275,455|1,267,697| ## ## ||||~FR THE YEAR ENDED 31MARCH 2 23|~FR THE YEAR ENDED 31MARCH 2 23||| |---|---|---|---|---|---|---| |RECONCILIATION|||Oli NKT INCOME TO NKT CASH FLOW FROM||OPKRATING ACTIVITIES|| ||||||31/3/23|31/3/22| |||||||f.| |Net income|for the|reporting||period (as per the Statement ofFinancial||| |Activities)|||||34&076|83,060| |Adjustn)eats|for:|||||| |Depreciation|charges||||625|456| |Interest received|||||(292)|(4,681)| |Increase in debtors|||||(7)306)|(24,084)| |(Decrease)/increase||in|creditors||(19,637)|38,146| |Net cash provided||by|operations||7&466|92,897| |ANALYSIS|OF CHANGES IN NET FUNDS|||||| |||||At 1.4.22|Cash flo)v|At 31.3.23| |||||g||| |Nct cash||||||| |Cash at bank|and in|hand||1)267)697|7,758|1,275)455| |||||1,267)697|7&758|1,275,455| |Total||||1)267,697|7,758|1,275)455| ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||31/3/23|31/3/22| |---|---|---|---|---|---|---|---| ||||||||8| ||Donations|||||3,104,291|2,636,273| ||Gig aid|||||119,924|190,346| |||||||3,224,215|2,826,619| |3.|INVESTMENT||INCOME||||| |||||||31/3/23|31/3/22| ||||||||f,| ||Profit on Al Rayan deposits|||||292|4,681| |4.|RAISING|DONATIONS||AND LEGACIES|||| |||||||31/3/23|31/3/22| ||Advertising|||||47,908|95,651| |5.|CHARITABLE||ACTIVITIES COSTS||||| ||||||Direct|Support|| ||||||Costs (see|costs (see|| ||||||note 6j|note 7)|Totals| |||||||f.|f.| ||Charitable|projects|||2)706,062|43,606|2,749)668| ## ## ## ||DIRECT COSTS O|F CHA|RITAB|LE ACTIVITIES||||| |---|---|---|---|---|---|---|---|---| ||||||||31/3/23|31/3/22| ||||||||f.|| ||Orphan
sponsorship||||||333,032|285,475| ||Religious schools' cost||||||853)025|601,181| ||Project stalf ')rages
fllltl tmvel||||||206)531|220,822| ||Fresh ivater ivell projects||||||45,803|42,302| ||Mosque construction|pmjects|||||73,071|293,582| ||Housing
and medical|aids|||||139,549|18,332| ||Qurbani &Rmnadan|projects|||||147,409|286,134| ||Helping the poor and|needy|||||45,274|25,510| ||Donations
to other projects||||||251,161|48,359| ||Floods and emergency|appeal||||||9,206| ||Academy &Eduction|projects|||||43,797|146,859| ||Rat)ma Institute Albania||||||567,410|336,853| ||||||||2,706,062|2,314,615| |7.|SUPPORT COSTS|||||||| ||||||Admin|and||| ||||||other||Governance|| ||||||costs||costs|Totals| ||||||f.||g|f.| ||Other resouirces expended||||379)860||12,995|392,855| ||Charitable
pmjects||||43,606|||43,606| ||||||423)466||12,995|436&461| |8.|AUDITORS' REMUNERATION|||||||| ||||||||31/3/23|31/3/22| |||||||||f.| ||Fees payable to the charity's||auditors|for the audit ofthe charity's|financial|||| ||statements||||||2,400|2,400| ## ## ## ## ## ## |sTArr cosTs|F
R|THE Y|EAR E
DE
31MARCH 2023||| |---|---|---|---|---|---| |||||31/3/23|31/3/22| |Wages and salaries||||223,071|171,316| |Social security costs||||12)478|8,931| |Other pension costs||||2)132|627| |||||237)681|180,874| |The average monthly|number ofemployees||during the year tvas as follows:||| |||||31/3/23|31/3/22| |Admin,
fundraising|and marketing|||12|9| |No employees
received entoluments||in excess off60,000.|||| |COMPARATIVKS|FORTHE STATEMENT OF FINANCIAL ACTIVITIES||||| ||||Unrestricted|Restricted|Total| ||||fund|I'ufttl|funds| |||||8|f| |INCOME AND ENDOWMENTS||FROM|||| |Donations
and legacies|||418,646|2,407,973|2,826,619| |Investment
income|||4,681||4,681| |Total|||423,327|2,407,973|2,831,300| |EXPENDITURE ON|||||| |Raising funds|||||| |Raising donations
and legacies||||95,651|95,651| |||||95,651|95,651| |Charitable
activities|||||| |Chm itable projects||||2,314,615|2,314,615| |Other|||302,529|35,445|337,974| |Total|||302,529|2,445,711|2,748,240| |NKT INCOME/(EXPENDITURE)j|||120,798|(37,738j|83,060| |RECONCILIATION or FUNDS|||||| |Total funds brought|fonvard||3,678|1,154,455|1,158,133| |TOTAL FUNDS CARRIED FORWARD|||124,476|1,116,717|1,241,193| ## ## ## |12.|TANGIBLE FIXEDASSETS||||| |---|---|---|---|---|---| |||Intprovemenis|Fixtures||| |||to|and|Computer|| |||property|fittings|equipment|Totals| ||||5|f.|| ||COST||||| ||At I April 2022|13,350|4,214|18,594|36)158| ||Disposals||(200)||(200)| ||At 31 March 2023|13,350|4,014|18)594|35,958| ||DEPRECIATION||||| ||At I April 2022|13,350|3,881|17&502|34,733| ||Charge for year||166|459|625| ||Eliminated
on disposal||(200)||(200)| ||At 31 March 2023|13,350|3,847|17,961|35,158| ||NET BOOILVALUE||||| ||At 31 March 2023||167|633|800| ||At 31 March 2022||333|1,092|1,425| |13.|DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||| |||||31/3/23|31/3/22| ||Paypal A/c|||31,595|24,289| |14.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||| |||||31/3/23|31/3/22| ||Tmde creditors|||6,388|42,830| ||Taxation and social security|||4)118|3,927| ||Other creditors|||22,075|5,461| |||||32)581|52,218| |ANAL|YSIS OF NKT ASSETS|BETWEEN FUNDS|||| |---|---|---|---|---|---| |||||31/3/23|31/3/22| |||Unrestricted|Restricted|Total|Total| |||fUnd|fUlld|funds|funds| ||||f.||| |Fixed assets||800||800|1,425| |Cunent|assets|65,846|l)241&204|1)307,050|1,291,986| |Cunent|liabilities|(32)581)||(32,581)|(52,218)| |||34,065|1,241,204|1,275,269|1,241,193| ## ## ## |MOVE|MEN|T IN FUNDS|||||| |---|---|---|---|---|---|---|---| |||||||Net|| |||||||lrlovenlent|At| ||||||At 1.4.22|in funds|31,3.23| |Unrestlicted||funds|||||| |General|fund||||124,475|(90,410)|34,065| |Restricted
funds|||||||| |General|fund||||1,116,718|124,486|1)241)204| |TOTAL FUNDS|||||1441)193|34)076|1,275,269| |Net movenlent||in funds, included||in the above are as follolvs:|||| ||||||Incoming|Resources|Movement| ||||||resources|expended|in funds| ||||||||g| |Unrestricted||funds|||||| |General|fund||||267&728|(358)138)|(90,410)| |Restricted
funds|||||||| |Gene)el|fund||||2,956,779|(2,832,293 )|1241486| |TOTAL|FUNDS||||3,224&507|(3)190,431)|34,076| |Comparatives||for movenlent|in|funds|||| |||||||Net|| |||||||movement|At| ||||||At 1.4.21|in funds|31.3.22| ||||||f.||f.| |Unrestricted||funds|||||| |General|fund||||3,678|120,797|124,475| |Restricted
funds|||||||| |General|fund||||1,154,455|(37,737)|1,116,718| |TOTAL|FUNDS||||1,158,133|83,060|1,241,193| ## ## ||||III coul h1g|Resources|Movement| |---|---|---|---|---|---| ||||resources|expended|in funds| |Unrestricted||funds|||| |General|fund||423,327|(302,530)|120,797| |Restricted
funds|||||| |General|fund||2,407,973|(2,445,710)|(37,737)| |TOTAL|FUNDS||2,831,300|(2,748,240)|83,060| |||||Nct|| |---|---|---|---|---|---| |||||movement|At| ||||At 1.4.21|in funds|31.3.23| |||||g|| |Unrestricted||furuls|||| |General|fund||3,678|30,387|34,065| |Restricted
funds|||||| |General|fund||1,154,455|86,749|1,241,204| |TOTAL|FUNDS||1,158,133|117,136|1,275,269| ||||Incoming|Resources|Movement| |---|---|---|---|---|---| ||||resources|expended|in funds| ||||||g| |Unrestricted||funds|||| |General|fund||691,055|(660,668)|30,387| |Resh icted furuls|||||| |General|fund||5,364,752|(5,278,003)|86,749| |TOTAL|FUNDS||6,055,807|(5,938,671)|117,136| ## ## ##