2022-03-31-accounts - Smethwick Pakistani Muslims Association Ltd

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

	PAGE
COMPANY INFORMATION
TRUSTEES REPORT
TRUSTEES STATEMENT	3-4
TRUSTEES RESPONSIBILITIES
ACCOUNTANTS REPORT
STATEMENT OF FINANCIAL ACTIVITIES
PROFIT &LOSS ACCOUNT
BALANCE SHEET
ACCOUNTING POLICIES	10
NOTES TO THE ACCOUNTS	11-12

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2022
	Unrestricted	Restricted	Total	Total
	Funds	Funds	Funds	Funds
NOTE	2022	2022	2022	2021
INCOMING RESOURCES
Donations receivable 1	85,627	34,259	119,886	115,096
Other Income: 1a
HMRC JRS Grant	11,306		11,306	43,212
Sandwell Council Grant				33,036
Membership fees	384		384	360
TOTAL INCOMING RESOURCES	97,317	34,259	131,576	191,704
RESOURCES EXPENDED
Charitable expenditure:
Management and administration	28,237	5,692	33,929	94,791
Staff costs	63,783	28,567	92,350	92,987
TOTAL RESOURCES EXPENDED	92,020	34,259	126,279	187,778
NET MOVEMENTS IN FUNDS	5,297		5,297.	3,926
Funds brought forward	55,775		55,775	51,849
Fund balances carried forward at 31st March 2022	61,072		61,072	55,775

		2022f	2021 E
Income		131,192	191,344
Membership fees		384	360
Total Income		131,576	191,704
Total Expenditure		126,279	187,778
NET INCOMING	/ (OUTGOING) RESOURCES FOR THE YEAR	5,297	3,926

	NOTE	2022	2021
FIXEDASSETS		23,099	24,890
CURRENT ASSETS
Cash in Hand 8 at Bank		80,050	90,828
Debtors	6a	10,969	10,969
		114,118	126,687
CREDITORS
Amounts falling due within one year		53,046	70,912
NET ASSETS		61,072	55,775
INCOME FUNDS
Unrestricted funds - surplus		61,072	55,775
NET ASSETS		61,072	55,775

						2022	2022	2021
1	DONATIONS
	The details of donations		received are as	follows:
	RESTRICTED FUNDS:-
	The Henry Smith Charity					31,200		30,600
	Harborne Parish						3,059	59
	Wolverhampton Council							2,750
	B.B.C - CIN							3,302
	UNRESTRICTED FUNDS:-
	Sandwell Consortium						15,000	13,130
	S.M.B.C.					63,293		63,293
	The Roger & Douglas	Turner Charitable		Trust			2,000
	Centre Hire							1,962
						114,552		115,096
1a	OTHER INCOME:-
	HMRC JRS Grant					11,306		43,212
	Sandwell Council - Grant						5,334	33,036
						16,640		76,248
2	MEMBERSHIP
	Fees received						384	360
3	RESOURCES EXPENDED ON MANAGING				AND	ADMINISTERING	THE CHARITY
	Other administration	costs				33,929		68,328

The average monthly number of persons employed	by the charity during the year was:
Office and Management
Staff costs for above person
Wages and salaries	91,772	92,225
Social security 8 Pension costs	578	581
	92,350	92,806

5	FIXEDASSETS					2022		2021
	OFFICE EQUIPMENT					E
	COST
	At 31st March 2021					75,164		68,225
	Additions							6,939
	At 31st March 2022					75,164		75,164
	DE PRE CIAT ION
	At 31st March 2021					50,274		48,483
	Charge for year					1,791		1,791
	At 31st March 2022					52,065		50,274
	Net Book Value
	At 31st March 2022 /	31st	March 2021			23,099		24,890
6	CREDITORS: AMOUNTS		FALLING DUE	WITHIN	ONE YEAR
	Accruals and deferred	income				52,934		70,800
	Other Taxation and Social		Security			112		112
						53,046		70,912
6a	DEBTORS / JMA TRUST					10,969		10,969
7	FUNDS MOVEMENT
								Total
				Balance at		Incoming		Funds
				01/04/21		Resources	Expenditure	2022
	Total Funds				55,775	131,576	126,279	61,072
8	ANALYSIS OF NET ASSETS BETWEEN			FUNDS
								Total
						Unrestricted	Restricted	Funds
						Funds	Funds	2022
								E
	Current Assets					91,019		91,019
	Liabilities due within one year					(53,046)		(53,046)
						37,973		37,973