| NOTES | 2021 | 2020 | ||
|---|---|---|---|---|
| INCOMING RESOURCES |
||||
| DONATION: | ||||
| Unrestricted Funds |
256,250 | 358,554 | ||
| Other Income | ||||
| Rental Income = Shop & Flat | 11,704 | 11,947 | ||
| Gift Aid | 90,923 | 11,798 | ||
| HMRC = JRS Grant | 39,637 | |||
| TOTAL INCOMING | RESOURCES | 398,514 | 382,299 | |
| RESOURCES EXPENDED | ||||
| Direct Charitable Expenditure |
||||
| Property Expenses | 2 | 40,611 | 32,387 | |
| Administration Expenses |
3 | 109,670 | 68,040 | |
| Other Expenses | 4 | 4,512 | 200 | |
| Finance Costs | 5 | 2,435 | 3,103 | |
| 157,228 | 103,730 | |||
| NET INCOMING RESOURCES FOR THE YEAR | 241,286 | 278,569 | ||
| Fund Balance carried | forward | 241,286 | 278,569 |
| NOTES | 2021 | 2020 | |
|---|---|---|---|
| FIXEDASSETS | 5,207,250 | 4,924,766 | |
| CURRENT ASSETS | |||
| Debtors | |||
| Cash at Bank | 70 688 | 23,702 | |
| NET CURRENT ASSETS | 70,688 | 23,702 | |
| CURRENT LIABILITIES | |||
| Sundry Loan | 9 | 708,500 | 620,000 |
| Creditors-Expenses | 11 | 1,626 | 1,942 |
| NET CURRENT LIABILITIES | 710,126 | 621,942 | |
| NET ASSETS | 4,567,812 | 4,326,526 | |
| FUNDS | |||
| Balance b/forward | 4,326,526 | 4,047,957 | |
| Unrestricted | 241,286 | 278,569 | |
| Revaluation Reserve |
|||
| 10 | 4,567,812 | 4,326,526 |
| CASH FLOW STATEMENT FOR T | HE YEAR ENDED 31 MARCH | 2021 | |
|---|---|---|---|
| 2021 | 2020 | ||
| Surplus of Income over Expenditure |
as per Accounts | 241,286 | 278,569 |
| INTERNAL FUNDS GENERATED | 241,286 | 278,569 | |
| APPLICATIONS | |||
| Assets in Course of Construction |
282,484 | 397,385 | |
| Purchase of Fixed Assets (carpets) |
|||
| 282,484 | 397,385 | ||
| (DECREASE) / INCREASE CURRENT ASSETS | (41,198) | (118,816) | |
| DEPLOYED AS FOLLOWS: | |||
| Sundry Loan - Increase | 88,500 | 122,000 | |
| Debtors Decrease Creditors- (Decrease)/ Increase |
~316 | 281 | |
| 88,184 | 122,281 | ||
| NET INCREASE / (DECREASE) IN | CASH RESOURCES | 46,986 | 3,466 |
| Opening Balance - Cash & Bank |
23,702 | 20,237 | |
| Closing Balance - Cash & Bank | 70,688 | 23,702 |
| - The | Charity does | not receive grants as material part of |
its income. | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| PROPERTY EXPENSES | E | E | |||||
| General | Insurance | - | Corbett St. | ||||
| General | Insurance | - | New Mosque | 5,975 | 4,725 | ||
| General | Rates | 0 | 0 | ||||
| Repairs | & Renewals | 8,762 | 2,423 | ||||
| Water Rates | 2,015 | 1,049 | |||||
| Heating | 8 Lighting |
23559 | 24, | 190 | |||
| 40,611 | 32,387 | ||||||
| ADMINISTRATION | EXPENSES | ||||||
| Funeral | & Burial Expenses | 51,099 | 0 | ||||
| Printing | & Stationery | 1,986 | 383 | ||||
| Telephone | 1,488 | 715 | |||||
| Motor expenses | 1,655 | ||||||
| Computer Equipment |
295 | ||||||
| Wages | 8 NIC | 53,147 | 66 | 942 | |||
| 109,670 | 68,040 | ||||||
| OTHER | EXPENSES | ||||||
| Cleaning Food & |
&waste collection Provision |
2,308 1,784 |
200 | ||||
| Legal & | Professional | Fees | 420 | ||||
| 4,512 | 200 | ||||||
| 5 | FINANCE EXPENSES | ||||||
| Bank Charges 8 Interest | 2 435 | 3 | 163 | ||||
| 2,435 | 3,103 |
| 6 | FIXEDASSETS | |||||
|---|---|---|---|---|---|---|
| Freehold | Furniture 8 | |||||
| COST | Properties | Equipment | TOTAL | |||
| At 31st March 2020 | 4,904,527 | 20,239 | 4,924,766 | |||
| Additions | 282,484 | 282,484 | ||||
| As at 31 March 2021 | 5,187,011 | 20,239 | 5,207,250 | |||
| NET BOOK VALUE | ||||||
| At 31 March 2021 | 5,187,011 | 20,239 | 5,207,250 | |||
| At 31 March 2020 | 4,904,527 | 20,239 | 4,924,766 | |||
| 2021 | 2020 | |||||
| 7 | DEBTORS | 8 | 8 | |||
| Other Debtors | ||||||
| 8 | CASH AT BANK | |||||
| Unrestricted Funds |
70,688 | 23,702 | ||||
| BANK ACCOUNT | ANALYSIS | |||||
| Barclays Bank - Current | A/C No 109951698, | 63073413 | 60,679 | 22,666 | ||
| Lloyds TSBBank - | Deposit A/C No 0565296 | 10,009 | 1,036 | |||
| 70,688 | 23,702 | |||||
| Assets in |
||||||
| Market Value | Course of | Market Value | ||||
| at 31/03/20 | Construction | at 31/03/2021 | ||||
| 428 High Street | 150,000 | 150,000 | ||||
| 1-7Corbett Street | 485,000 | 485,000 | ||||
| New Mosque Trafalgar | Road | 4,269,527 | 282,484 | 4,552,011 | ||
| 4,904,527 | 282,484 | 5,187,011 | ||||
| 9 | SUNDRY LOAN | 2021 | 2020 | |||
| 8 | ||||||
| Qarz —E- Hasna | 708,500 | 620,000 | ||||
| 708,500 | 620,000 |
| Balance at | Incoming | Expenditure | Total | ||
|---|---|---|---|---|---|
| 01-Apr-20 | Resources | Funds | |||
| Unrestricted | Funds | 4,326,526 | 398,514 | (157,228) | 4,567,812 |
| 4,326,526 | 398,514 | (157,228) | 4,567,812 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| f | f | |||
| CREDITORS | ||||
| Paye | / Nic Account | 671 | 587 | |
| Wages Control | Account | |||
| Other | Creditors | (M.Rane) | 650 | 650 |
| Nepal | Appeal | 305 | 305 | |
| 1626 | 1942 |