| Page | |||
|---|---|---|---|
| Trustee's annual report |
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| Independent examiner's report |
to the trustee | ||
| Statement offinancial activities |
( including | income | |
| and expenditure account) |
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| Stat'ament offinancial position |
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| Notes to the financial statements | 7-11 |
| Reference and administrative | Reference and administrative | Reference and administrative | details | |||
|---|---|---|---|---|---|---|
| Registered | charity | name | Al Falah Educational | Trust | ||
| Charity registration | number | 1101644 | ||||
| Registered | charity | address | 48 Kenninghall Road |
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| London | ||||||
| E58BY | ||||||
| The trustees | Shah Muhammed | Anas —Chairman | ||||
| Syed Hasnul Islam |
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| Mian Mohammed | Aslam | |||||
| Moudud Ahmed Ali |
Choudhury | |||||
| Muhammed Sharif |
Uddin | |||||
| Independent | examiner | Muhammad Usman |
Ansari | |||
| Certified Accountant | ||||||
| 390-392 Migh Road | ||||||
| Balfour Business | Centre | |||||
| liford | ||||||
| IG1 1BF | ||||||
| Bankers | Natwest Bank laic |
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| 20 Amhurst Road |
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| London | ||||||
| Eg 1JW |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | |||||
| Income | f | 8 | ||||
| Tuition fees | 229,903.00 | 229,903.00 | 194,172.00 | |||
| Donations | 54,350.00 | 54,350.00 | 5,088.00 | |||
| Grants | 12,027.00 | 12,D27.00 | 94,686.00 | |||
| Total income | 296,280.00 | 296,28D.QD | 293,946.00 | |||
| Expenditures | ||||||
| Wages and salaries | 216,624.00 | 216,624.00 | 213,796.00 | |||
| Temporary staff and recruitment | 4,450.00 | 4,450.DO | 7,590.00 | |||
| Staff training | 2,980.00 | 2,980.00 | 3,658.00 | |||
| Travel and subsistence | 818.00 | 818.00 | 576.00 | |||
| Rent 8,Rates | 24,914.00 | 24,914.00 | 24,666.00 | |||
| Light snd heat | 3,921.00 | 3,921.00 | 3,322.00 | |||
| Cleaning | 1,330.00 | 1,330.0D | 1,783.00 | |||
| Telephone, Fax and |
Internet | 937.00 | 937.00 | 1,176.00 | ||
| Books,Educational | and Stationery | expenses | 8,182.00 | 8,182,00 | 8,470.00 | |
| Subscription | 700.00 | 700.00 | 224.00 | |||
| Bank charges | 761.00 | 781.DO | ||||
| Insurance | 1,088.00 | 1,088.00 | 453.00 | |||
| Equipment hire |
3,491.00 | 3,491.00 | 2,205.00 | |||
| Repairs and maintenance | 2,936.00 | 2,938.00 | 6,612.00 | |||
| Independent Examiner's Fees |
2,200.00 | 2,200.00 | ||||
| Accountancy fees |
3,000.00 | 3,DOO.OD | 3,000.00 | |||
| Advert & Marketing | 1,650.00 | 1,650.00 | ||||
| Other legal and professional | 5,215.00 | 5,215.00 | 2,976.00 | |||
| Sundry expense | 250.00 | 250.00 | ||||
| Depreciation: | ||||||
| Equipments, Fixtures and Fittings |
6,625.00 | 6,625.0Q | 5,806.00 | |||
| Total Expenditure | (292,094.00) | (292,D94.00) | (286,313,DO) | |||
| Net Income and | net movement | in funds | 4,18600 | 4,186.0D | 7,633.00 | |
| Reconcilliation | offunds: | |||||
| Total funds brought | fonvard | 56,354.00 | 56,354.00 | 48,721.00 | ||
| Total funds carried forward. | 60,540.00 | 60,540.00 | 56,354.00 |
| Notes | 2022 | 2021 | ||
|---|---|---|---|---|
| f | ||||
| Fixed Assets | ||||
| Tangible Fixed Assets |
26,499.00 | 23,224.00 | ||
| Current Assets | ||||
| Debtors | 74,855.00 | 63,805.00 | ||
| Cash at Bank and | in Hand | 2,083.00 | 2,616.00 | |
| 103,437.00 | 89,645.00 | |||
| Creditors | ||||
| Amount falling within one year |
(39,898.00) | (33,291.00) | ||
| Amount falling more than one year |
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| Net Assets | 63,539.00 | 56,354.00 | ||
| Funds ofthe charity | ||||
| Llnreetricted funds |
60,540 00 | 56,354.00 | ||
| Total charity funds | 60,540.00 | 56,354.00 |
| 4.Tangible fixed ass | ets | |||
|---|---|---|---|---|
| Land, Lease | Computer | Fixtures & |
Total | |
| &Buildings | Equipments f |
Fittings | ||
| Cost or valuation | At cost | At cost | At cost | |
| At 1 September 2021 | 20,907.00 | 27,059.00 | 47,966.00 | |
| Additions/(Disposal) | 4,420.00 | 5,480.00 | 9,900.00 | |
| At 31 August 2022 | 25,327.00 | 32,539.00 | 57,866.00 | |
| Depreciation | ||||
| At 1 September 2021 | 6,861.00 | 17,881.00 | 24,742.00 | |
| Charge for the year | 3,693.00 | 2,932.00 | 6,625.00 | |
| At 31 August 2022 | 10,554.00 | 20,813.00 | 31,367.00 | |
| Net book value | ||||
| At 31 August 2021 | 14,046.00 | 9,178.00 | 23,224.00 | |
| At 31 August 2022 | 'l4,773.00 | 11,726.00 | 26,499.00 | |
| 5.Debtors: amount | falling due wihtin one year | |||
| 2022 | 2021 | |||
| 6 | 6 | |||
| Trade debtors | 74,855.00 | 83,805.00 | ||
| 74,855.00 | 63,605.00 | |||
| 6.Creditors: amount | falling due wihtin one year | 2022 | 2021 | |
| 6 | 6 | |||
| PAYE liability | 1,726.00 | 351.00 | ||
| Other creditors | 38,172 00 | 32,940.00 | ||
| 39,898.00 | 33,291.00 |
| Year ending 31Aug | ust 2022 | ||
|---|---|---|---|
| 7.Statement of | funds | ||
| 2022 | 2021 | ||
| Unrestricted funds |
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| At the start ofthe | period | 56,354.00 | 48,721.00 |
| Income during the | pedod | 296,280.00 | 293,946.00 |
| expenditure during |
the period | (292,094.00) | (286,313.00) |
| Total Unrestricted | funds at the end ofthe period | 60.540.00 | 56 354.00 |
| Restricted funds | |||
| At the start ofthe | period | Nil | Nil |
| Income dunng the |
period | Nil | Nil |
| expenditure during |
the period | i4il | Nil |
| Total Restricted funds at the end ofthe period | Nil | Nil |