|||Pages| |---|---|---| |Trustees'
Annual
Report||2to6| |Independent
Examiner's|Report|7to7| |Statement
of Financial Activities||8to8| |Balance Sheet||9to9| |Statement
ofCash flows||16to 16| |Notes tothe Accounts||10to 15| |Detailed Statement ofFinancial Activities||16to 18| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted||| |---|---|---|---|---|---| ||||funds|Total funds|Total funds| ||||2023|2023|2022| |||Notes|E|E|E| |Income and|endowments||||| |from:|||||| |Donations|and legacies||464|464|35,017| |Charitable|activities||20,500|20,500|4,497| |Rental income &Interest|||55,021|55,021|60,548| |Total|||75,985|75,985|100,062| |Expenditure|on:||||| |Raising funds|||||11,941| |Charitable|expenditures||35,442|35,442|41,247| |Total|||35,442|35,442|53,188| |Net gains on|investments||||| |Net income|||40,543|40,543|46,874| |Transfers
between funds|||||| |Net income|before other||||| |gains/(losses)|||40,543|40,543|46,874| |Other gains|and losses||||| |Net movement
in funds|||40,543|40,543|46,874| |Reconciliation
offunds:|||||| |Total funds brought forward|||16,439|16,439|(30,435)| |Total funds carried forward|||56,982|56,982|16,439| ## ## ## |Charity No. 110112|Charity No. 110112|8|||2023|2022| |---|---|---|---|---|---|---| ||||||f|E| |Current assets||||||| |Debtors||||9|125,000|| |Cash at|bank and|in hand|||115,581|115,490| ||||||240,581|115,490| |Net current assets|||||240,581|115,490| |Total assets less current|||liabilities||240,581|115,490| |Creditors:|Amounts|falling due after more than one year||10|(183,599)|(99,051)| |Net assets|excluding|pension asset or liability|||56,982|16,439| |Total net assets|||||56,982|16,439| |The funds|ofthe charity|||||| |Restricted|funds|||||| |Unrestricted
funds||||||| |General|funds||||56,982|16,439| ||||||56,982|16,439| |Reserves||||||| |Totalfunds|||||56,982|16,439| |Approved|by the trustees||on 24 April 2024|||| ## |last year and no chan|last year and no chan|last year and no chan|last year and no chan|ges have been made to accounts for previous years.||||||| |---|---|---|---|---|---|---|---|---|---|---| |Fund accounting||||||||||| |Unrestricted||funds||These are available for use at the discretion ofthe trustees||in furtherance||of|the|| |||||general objects ofthe charity.||||||| |Designated|funds|||These are unrestricted
funds earmarked
by the trustees for particular|||purposes.|||| |Revaluation||funds||These are unrestricted
funds which include a revaluation|reserve representing||||the|| |||||restatement
of investment
assets at their market values.||||||| |Restricted|funds|||These are available for use subject to restrictions
imposed||by the donor||orthrough||| |||||terms ofan appeal.||||||| |Income||||||||||| |Recognition||of||Income is included
in the Statement of Financial Activities||(SoFA) when|the charity|||| |income||||becomes entitled to, and virtually
certain to receive, the|income and the|||amount||of| |||||the income can be measured
with sufficient
reliability.||||||| |Income with||related||Where income has related expenditure
the income and related expenditure|||||is|| |expenditure||||reported gross in the SoFA.||||||| |Donations|and|||Voluntary
income received
by way ofgrants, donations
and gifts is included
in the||||||| |legacies||||the SoFA when receivable
and only when the Charity has|unconditional||entitlement|||| |||||to the income.||||||| |Tax reclaims||on||Income from tax reclaims
is included
in the SoFA at the same time as the||||||| |donations|and||gifts|gift/donation
to which
it relates.||||||| |Donated services||||These are only included
in income (with an equivalent
amount
in expenditure)||||||| |and facilities||||where the benefit tothe Charity
is reasonably
quantifiable,||measurable||and||| |||||material.||||||| |Volunteer|help|||The value ofany volunteer
help received
is not included|in|the accounts.||||| |Investment||income||This is included
in the accounts when receivable.||||||| |Gains/(losses)|||on|This includes
any gain or loss resulting
from revaluing
investments
to market|||||value|| |revaluation||of|fixed|at the end ofthe year.||||||| |assets||||||||||| |Gains/(losses)|||on|This includes
any gain or loss on the sale ofinvestments.||||||| |investment||assets||||||||| |s tothe Acc|s tothe Acc|ounts|||| |---|---|---|---|---|---| |Expenditure|||||| |Recognition||of|Expenditure
is recognised
on an accruals basis. Expenditure
includes||any VAT which| |expenditure|||cannot be fully recovered,
and is reported as part ofthe expenditure||to which
it| ||||relates.||| |Expenditure||on|These comprise the costs associated
with attracting
voluntary|income, fundraising|| |raising funds|||trading costs and investment
management
costs.||| |Expenditure||on|These comprise the costs incurred
by the Charity
in the delivery of its activities and||| |charitable|activities||services
in the furtherance
ofits objects, including the making|ofgrants and|| ||||governance
costs.||| |Grants payable|||All grant expenditure
is accounted for on an actual paid basis|plus an|accrual for| ||||grants that have been approved
by the trustees at the end of|the year but not yet|| ||||paid.||| |Governance||costs|These include those costs associated with meeting the constitutional||and statutory| ||||requirements
ofthe Charity,
including
any audit/independent|examination
fees,|| ||||costs linked to the strategic management
ofthe Charity, together with a share of||| ||||other administration
costs.||| |Other expenditure|||These are support costs not allocated to a particular
activity.||| ## ## ## ## ## ## ## ## ## ## ## ## |2|Statement|of Financial||Activities - prior year|||| |---|---|---|---|---|---|---|---| |||||||Unrestncted|| |||||||funds|Total funds| |||||||2022|2022| |Income and endowments|||from:||||| ||Donations|and legacies||||39,514|39,514| ||Charitable|activities||||6,991|6,991| ||Rental and|interest income||||53,557|53,557| |Total||||||100,062|100,062| |Expenditure
on:|||||||| ||Raising funds|||||11,941|11,941| ||Charitable|expenditure||||41,247|41,247| |Total||||||53,188|53,188| |Net|income|||||46,874|46,874| |Net|income before other||||||| |gains/(losses)||||||46,874|46,874| |Other gains and losses:|||||||| |Net|movement|in funds||||46,874|46,874| |Reconciliation||offunds:|||||| |Total funds brought forward||||||(30,435)|(30,435)| |Total funds carried forward||||||16,439|16,439| |3|Income from donations|||and legacies|||| ||||||Unrestricted|Total|Total| |||||||2023|2022| ||||||E|E|f| ||Online donations||||464|464|35,017| ||||||464|464|35,017| |4|Income from charitable|||activities|||| ||||||Unrestricted|Total|Total| |||||||2023|2022| ||||||E||E| ||Friday collections||||20,500|20,500|4,497| ||||||20,500|20,500|4,497| ## ## |5|Other inco|m|e||||||| |---|---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|To~el|Total| |||||||||2023|2022| ||Rent income||||||55,000|55,000|53,550| ||Interest income||||||21|21|| ||HMRC grant||||||||6,991| ||||||||55,021|55,021|60,548| |6|Expenditure||on raising||funds||||| |||||||||Total|Total| |||||||||2023|2022| ||Costs ofgenerating|||voluntary|||||| ||income||||||||| ||Charitable
General|expenditures|||||||11,941| ||||||||||11,941| |7|Other expenditure||||||||| ||||||||Unrestricted|Total|Total| |||||||||2023|2022| ||||||||||f| ||Employee costs||||||19,758|19,758|19,758| ||Motor and|travel costs|||||4,920|4,920|4,363| ||Premises costs||||||9,527|9,527|16,339| ||General administrative||||costs||1,237|1,237|787| ||||||||35,442|35,442|41,247| |8|Staff costs||||||||| ||||||||2023||2022| ||Salaries and||wages||||19,758||19,758| ||||||||19,758||19,758| ||No employee||received||emoluments|in excess off60,000.|||| |9|Debtors||||||||| ||||||||2023||2022| ||||||||f||f| ||Other debtors||||||125,000||| ||||||||125,000||| ## ## ||amounts|falling|falling|falling|due after more|than one year||||| |---|---|---|---|---|---|---|---|---|---|---| |||||||||2023||2022| |||||||||f||| ||Quard-E-Hasana|||||||43,000||99,051| ||Accruals|||||||140,599||| |||||||||183,599||99,051| |11|Movement||in funds|||||||| |||||||||Incoming||| |||||||||resources||At 31| |||||||||(including|Resources|March| ||||||||At 1April|other
gains/losses|expended|2023| ||||||||2022|)||| |||||||||E||| ||Restricted funds:|||||||||| ||Unrestricted|||funds:||||||| ||General funds||||||16,439|75,985|(35,442)|56,982| ||Total funds||||||16,439|75,985|(35,442)|56,982| |12|Analysis|of|net||assets between|funds||||| ||||||||||Unrestricted|| |||||||||||Total| ||||||||||funds|| |||||||||||E| ||Net current||assets||||||240,581|240,581| ||Creditors
provisions|due||in more than one||year and|||(183,599)|(183,599)| ||||||||||56,982|56,982| |13|Reconciliation||||ofnet debt|||||| |||||||||||At 31| |||||||||At 1April||March| |||||||||2022|Cash flows|2023| |||||||||E|f|E| ||Cash and|cash|||equivalents|||115,490|91|115,581| |||||||||115,490|91|115,581| ||Net debt|||||||115,490|91|115,581| ## |||2023|2022| |---|---|---|---| |||E|E| |Cash flows from operating|activities||| |Net income per Statement|ofFinancial Activities|40,543|46,874| |Adjustments
for:|||| |Dividends,
interest and|rents from investments|(55,021)|(53,557)| |Increase
in trade and other receivables||(125,000)|| |Increase
in trade and other payables||84,548|| |Net cash used in operating|activities|(54,930)|(6,683)| |Cash flows from investing|activities||| |Dividends,
interest and|rents from investments|55,021|53,557| |Net cash from investing
activities||55,021|53,557| |Net cash used in financing|activities||(23,314)| |Net increase in cash and cash equivalents||91|23,560| |Cash and cash equivalents|at the beginning ofthe year|115,490|91,930| |Cash and cash equivalents|at the end ofthe year|115,581|115,490| |Components
ofcash and cash equivalents|||| |Cash and bank balances||115,581|115,490| |||115,581|115,490| ## |for the year ended|31M||arch 2|023|||| |---|---|---|---|---|---|---|---| ||||||Unrestricted||| ||||||funds|Total funds|Total funds| ||||||2023|2023|2022| ||||||E|E|E| |Income and endowments|||from:||||| |Donations
and legacies|||||||| |Online donations|||||464|464|35,017| ||||||464|464|35,017| |Charitable
activities|||||||| |Friday collections|||||20,500|20,500|4,497| ||||||20,500|20,500|4,497| |Other|||||||| |Rental income|||||55,000|55,000|53,550| |Interest income|||||21|21|7| |HMRC grant|||||||6,991| ||||||55,021|55,021|60,548| |Total income and endowments|||||75,985|75,985|100,062| |Expenditure
on:|||||||| |Costs ofgenerating|donations|||and|||| |legacies|||||||| |Charitable
expenditures|||General||||11,941| ||||||||11,941| |Total ofexpenditure
funds|on||raising||||11,941| |Employee costs|||||||| |Salaries/wages|||||19,758|19,758|19,758| ||||||19,758|19,758|19,758| |Motor and travel costs|||||||| |Vehicles - General|costs||||4,920|4,920|| |Travel and subsistence|||||||4,363| ||||||4,920|4,920|4,363| |Premises costs|||||||| |Premises
repairs
maintenance|and||||9,527|9,527|16,339| ||||||9,527|9,527|16,339| |General administrative|||costs,||||| |including
depreciation||and|||||| |amortisation|||||||| |Stationery
and printing|||||210|210|368| |Sundry expenses|||||568|568|| |Telephone, fax and broadband|||||459|459|419| ||||||1,237|1,237|787| |Total ofexpenditure|of|other costs|||35,442|35,442|41,247| ## ## |Holloway
Educational
and Cultural
Centre
Detailed Statement ofFinancial Activities
Total expenditure|35,442|35,442|53,188| |---|---|---|---| |Net gains on investments|||| |Net income|40,543|40,543|46,874| |Net income before other
gains/(losses)|40,543|40,543|46,874| |Other Gains|||| |Net movement
in funds|40,543|40,543|46,874| |Reconciliation offunds:|||| |Totalfunds
brought
forward|16,439|16,439|(30,435)| |Total funds carried forward|56,982|56,982|16,439|