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2022-10-31-accounts

Charlty Numbèr 1101026 The Ekta Foundation Accounts 31 October 2022

The Ekta Foundation Report and accounts Contents

Page
Company information 1
Accountants' report 1
Profit and loss account 1
Balance sheet 2

The Ekta Foundation Company Information

Trustees

Sakina Suterwalla Najma Amjarwalla Asma Suterwalla Suraiya Karimjee Shirin Merchant

Accountants

A. H. JEEWAJEE & CO. 92 Betham Road Greenford Middlesex UB6 8SA

Charity office 6 Ingleby Drive Harrow Middlesex HA1 3LE

Charity Number 1101026

1

The Ekta Foundation Registered number: 1101026 Trustees' Report

The Trustees of the charity present their report with the financial statements of the charity for the year ended 31 October 2022. The Trustees confirm that they have referred to the General Guidance issued by the Charity Commission when reviewing and planning the charity's aims and objectives.

Trustees

The following persons served as Trustees during the year:

Sakina Suterwalla Najma Anjarwalla Asma Suterwalla Suraiya Karimjee Shirin Merchant

This report was approved by the Board of Trustees on 18 July 2023 and signed on its behalf by.

Najma Anjarwalla Trustee

2

The Ekta Foundation Accountants' Report for the year ended 31 October 2022

Accountants' report to the trusteess of The Ekta Foundation

In accordance with your instructions, we have prepared the accounts of the charity for the year ended 31 October 2022, which comprise the Profit and Loss Account and Balance Sheet from the accounting records of the charity and on the basis of information and explanations you have given to us

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

A. H. JEEWAJEE & CO.

92 Betham Road Greenford Middlesex UB6 8SA

20 July 2023

3

The Ekta Foundation Profit and Loss Account for the year ended 31 October 2022

Donations received
Expenditure on charitable activities
Deficit this year (Surplus)
Other charges
Deficit this year (Surplus for the year)
Deficit (Surplus) for year transferred to unrestricted funds
2022
£
77,214
(35,814)
41,400
(863)
40,537
40,537
2021
£
24,780
(9,000)
15,780
(2,149)
13,631
13,631

4

The Ekta Foundation Registered number: 1101026 Balance Sheet as at 31 October 2022

Current assets
Creditors: amounts falling due within one
year
Net current assets
Total assets less current liabilities
Net assets
Funds
2022
£
111,367
(564)
110,803
110,803
110,803
110,803
2021
£
70,561
(295)
70,266
70,266
70,266
70,266

The financial statements were approved by the Trustees and authorised for issue on 20 July 2023 and are signed on their behalf by:

Najma Anjarwalla Trustee

5

The Ekta Foundation Detailed profit and loss account items for the year ended 31 October 2022

This schedule does not form part of the statutory accounts and so is for information of the trustees only

Receipts
Donations received in this period
Auction sales at the fashion show
Fashion show ticket sales
Funds raised at charitable event
Expenditure on charitable activities
Charitable activities
Fashion show direct costs
Other charges
Premises costs:
Venue hire charges
General administrative expenses:
Bank charges
Equipment expensed
Software
Legal and professional costs:
Accountancy fees
2022
£
39,244
13,400
22,720
1,850
77,214
23,788
12,026
35,814
-
-
150
239
149
538
325
325
863
2021
£
24,780
-
-
-
24,780
9,000
-
9,000
102
102
137
-
1,615
1,752
295
295
2,149

6

The Ekta Foundation Detailed balance sheet items as at 31 October 2022

This schedule does not form part of the statutory accounts and so is for information of the trustees only

Current assets
Other debtors
Cash at bank and in hand
Total current Assets
Creditors: amounts falling due within one year
Other creditors
Net assets
Unrestricted Funds Brought Forward
Net assets
Unrestricted Funds Carried Forward
Net Current Assets
Brought forward
Unrestricted funds
2022
£
7,414
103,953
111,367
564
110,803
52,124
58,679
110,803
18,142
40,537
58,679
2021
£
-
70,561
70,561
295
70,266
52,124
18,142
70,266
4,511
13,631
18,142

7