OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Iraqi Community Association

2023-03-31-accounts

Legal and Administration information. .
Trustees'
Report		 2-7
Independent
Examiner's		 report of the Trustees of Iraqi Association. ...
Statement
of the Financial Activities.
Balance Sheet. 10
Accounting
Policies. .
Notes to the Financial Statements. 12-17

SUMMARY INCOME AND EXPEND
ACCOUNT		 ITURE
2023
f		 2023f 2023f 2022f
Restricted Unrestricted Total Total
Funds Funds
INCOMING RESOURCES
Grants 113,716 113,716 100,995
Membership
and Other Income		 14,179 14,179 6,233
IraqChild
Project
Donations		 2,949 2,949 3,048
Bank Interest 430 430 117
Tax refund 278 278 315
Total Incoming Resources 113716 17,836 131,552 110708
RESOURCES EXPENDED
Direct charitable
expenditure
Activities 62,636 1,672 64,308 58,291
Supportcosts 51,442
114,078		 1,866
3,538		 53305
117,616		 45203
103,500
OTHER EXPENDITURE
Fundraising
and publicity
Management
and administration
Total Resources Expended 114,078 3,538 117,616 103500
NET IDEFICIT)/SURPLUS
FOR THE YEAR		 -362 14,298 13,936 7,208
FOR THE YEAR
FUNDS BROUGHT FORWARD 101,098 45055 147,153 139945
FUNDS CARRIED FORWARD 100,736 60,353 161,089 147,153

2 GRANTS RECEIV ABLE
Restricted Unrestricted 2023 2022
f. f f
LBHammersmith
and Fulham		 0 0 0
Deutsche
Bank (Older People Fund
Gordon
Family Fund
Lloyds Bank Foundation		 14,877
4,000
27,250		 14,877
4,000
27,250		 4,960
4,000
15,000
Shared Endeavour-
Groundwork
London		 0 0 1,714
London Catalyst
Lottery Community
Fund
The Fore Rafl Transition		 Fund 521
26,610
0		 521
26,610
0		 0
48,401
3,000
Trust for London 22,000 22,000 10,001
The Mercsrs' Company 18,458 18,458 13,919
Total Grants Receivable 113,716 0 113,716 100,995

Charitable Support Fundraising Management 2023 2022
and
Activities Costs and Publicity Admin, Total Total
Employee Costs
Other staff costs		 53,728
0		 23,578
199		 77,306
199		 68,552
0
Office running
costs		 4,519 4,519 3,959
Premises costs 21,920 21,920 17,450
Events and
activities 10,262 10,262 10,250
Accountancy fees 1,800 1,800 1,800
Legal and
professional		 fees 1,215 1,215 1,215
Bank charges 77 77 77
Depreciation 318 318 397
Sundry 0 386
Total Resources
Expended 84308 53,3M 0 117616 53308

.STAFF COSTS AND NUMBERS
2023 2022
f f
Staff costs were as follows:
Salaries and Wages 77,505 68,552
Social Security Costs 0
77,505 68,552

TANGIBLE FIXEDASSE TS
Office 8 2023
Computer Equipment Total
Cost 8 f.
At 1st April 2022 68,686 68,686
Additions
At 31st March 2023 68,686 68,686
Depreciation 67,098 67,098
At 1st April 2022
Charge for the Year		 318 318
At 31st March 2023 67,416 67,416
Net Book Value
At 31st March 2023 1,270 1,270
At 31st March 2022 1,588 1,588

DEBTORS-amounts
falling		 due within one year
2023 2022
E E
Prepayments 0.00 0.00
Sundry Debtors 0.00 6,132
0,00 6,132

General Designated Total
Funds Funds Funds
E
At 1st April 2022 46,055 0.00 46,055
Net incoming resources during the year 14,298 0.00 14,298
Transfers 60,353 0,00 60353
At 31st March 2023 60,353 0.00 60,353

2.ANALYSIS OF NET ASSETS BETWE EN FUNDS
Restricted Unrestricted Total
Funds Funds Funds
E
Tangible
Fixed Assets		 1,270 1,270
Current Assets 100,736 60,353 161,089
Creditors; Amounts falling due within a Year (64,129) (64,129)
Net Assets at 31st March 2023 100,736 2,506 98,230