| NOTES | 2023 | 2022 | ||
|---|---|---|---|---|
| INCOMING RESOURCES | ||||
| DONATION: | ||||
| Unrestricted Funds |
362,209 | 341,084 | ||
| Restricted Funds |
77,785 | 76,117 | ||
| 439,994 | 417,201 | |||
| Other Income | ||||
| Rental Income =Shop & Flat | 45,055 | 17,426 | ||
| Gift Aid | 32,578 | |||
| HMRC = JRS Grant | 13,548 | |||
| TOTAL INCOMING | RESOURCES | 517,627 | 448,175 | |
| RESOURCES EXPENDED | ||||
| Direct Charitable | Expenditure | |||
| Property Expenses |
2 | 62,546 | 57,754 | |
| Administration Expenses |
3 | 149,405 | 140,788 | |
| Other Expenses | 4 | 5,219 | 3,220 | |
| Finance Costs | 5 | 1,869 | 2,506 | |
| 219,039 | 204,268 | |||
| NET INCOMING RESOURCES FOR THE YEAR | 298,588 | 243,907 | ||
| Fund Balance carried forward | 298,588 | 243,907 |
| STATEMENT OF ASSETS & LIABILITIES | AS AT 31 INARCH 2023 | ||
|---|---|---|---|
| NOTES | 2023 | 2022 | |
| FIXEDASSETS | 5,735,157 | 5,500,038 | |
| CURRENT ASSETS | |||
| Debtors/ Prepayment |
'I,680 | ||
| Cash at Bank | 71,090 | 35,501 | |
| NET CURRENT ASSETS | 72,770 | 35,501 | |
| CURRENT LIABILITIES | |||
| Sundry Loan Creditors-Expenses |
9 11 |
691,000 6,620 |
704,000 19,820 |
| NET CURRENT LIABILITIES | 697,620 | 723,820 | |
| NET ASSETS | 5,110,307 | 4,811,719 | |
| FUNDS | |||
| Balance b/forward Unrestricted Revaluation Reserve |
4,811,719 298,588 |
4,567,812 243,907 |
|
| 10 | 5,110,307 | 4,811,719 |
| 2023 | 2022 | ||
|---|---|---|---|
| Surplus of Income over Expenditure | as per Accounts | 298,588 | 243,907 |
| INTERNAL FUNDS GENERATED | 298,588 | 243,907 | |
| APPLICATIONS | |||
| Assets in Course ofConstruction Purchase of Fixed Assets |
235,119 | 292,788 | |
| 235,119 | 292,788 | ||
| INCREASE / (DECREASE) CURRENT ASSETS |
63,469 | (48,881) | |
| DEPLOYED AS FOLLOWS: | |||
| Sundry Loan -(Decrease) Debtors Increase Creditors-(Decrease /increase |
(13,000) (1,680) ~(13,200 |
(4,500) 18,194 |
|
| (27,880) | 13,694 | ||
| NET INCREASE /( DECREASE) IN | CASH RESOURCES | 35,589 | (35,187) |
| Opening Balance - Cash & Bank |
35,501 | 70,688 | |
| Closing Balance - Cash & Bank | 71,090 | 35,501 |
| N 6 |
OTES TO THE ACCOUN FIXEDASSETS |
TS FOR THE YEAR | ENDED 31 MARCH 2023 | ||
|---|---|---|---|---|---|
| Freehold | Furniture & |
||||
| COST | Properties | Equipment | TOTAL | ||
| At 31st March 2022 Additions |
5,479,799 235,119 |
20,239 | 5,500,038 235,119 |
||
| As at 31 March 2023 | 5,714,918 | 20,239 | 5,735,157 | ||
| NET BOOK VALUE | |||||
| At 31 March 2023 | 5,714,918 | 20,239 | 5,735,157 | ||
| At 31 March 2022 | 5,479,799 | 20,239 | 5,500,038 | ||
| 7 | DEBTORS | 2023 F |
2022 E |
||
| Other Debtors/ Prepayment |
1,680 | ||||
| 1,680 | |||||
| 8 | CASH AT BANK | ||||
| Unrestricted Funds |
71,090 | 35,501 | |||
| BANK ACCOUNT ANALYSIS | |||||
| Barclays Bank - Current A/C No 10995169& Lloyds TSBBank - Deposit A/C No 0565296 |
63073413 | 39,175 31,915 |
20,209 15,292 |
||
| 71,090 | 35,501 | ||||
| Assets in |
|||||
| Market Value | Course of | Market Value | |||
| at 31/03/22 | Construction | at 31/03/2023 | |||
| 428 High Street | 150,000 | 150,000 | |||
| 1-7Corbett Street | 485,000 | 485,000 | |||
| New Mosque Trafalgar | Road | 4,844,799 | 235,119 | 5,079,918 | |
| 5,479,799 | 235,119 | 5,714,918 | |||
| 9 | SUNDRY LOAN | 2023 | 2022 | ||
| 6 | |||||
| Qarz —E-Hasna | 691,000 | 704,000 | |||
| 691,000 | 704,000 |
| Balance at | Incoming | Expenditure | Total | ||
|---|---|---|---|---|---|
| 01-Apr-22 | Resources | Funds | |||
| Unrestricted | Funds | 4,811,719 | 517,627 | (219,039) | 5,110,307 |
| 4,811,719 | 517,627 | (219,039) | 5,110,307 |
| 2023 | 2022 | ||
|---|---|---|---|
| E | 6 | ||
| CREDITORS | |||
| Creditors = | 4349 | ||
| Paye/ Nic Account |
1598 | 728 | |
| Wages Control | Account | 4067 | 2288 |
| Other Creditors | (M.Rane) | 650 | 650 |
| Nepal Appeal | 305 | 305 | |
| Advance Rent |
received- Corbett | 11500 | |
| 6620 | 19820 |