2020-12-31-accounts

							Page
Trustees'	annual report (incorporating			the	director's	report)
Independent examiner's report to the				trustees
Statement	offinancial	activities	(including		income and expenditure
account)
Statement	of financial	position
Notes to the financial		statements					10

Reference	and administrative d	and administrative d	and administrative d	etails
Registered	charity name			The Arab Anti-Corruption	Organisation
Charity registration			number	1112388
Company	registration		number	05314721
Principal	oflice	and registered		7Redbridge Lane East
oflice				Ilford
				Essex IG4 SET
The trustees
				Dr A Fakhro
				Dr TKanaan (Director)
				A M Al-Nibari (Director)
				A Obeidat
				Dr T Abu Gazala
				Dr D Khairallah	(Resigned 22 March 2020)
				Dr GMatar
				Dr BTabbara (Director)
				Dr H Haidar (Director)
				Dr LKamhawi (Director)
				Mrs M Saade
				Mr SJallad
				Mrs A Makhour
				Mr A H Chaaban
				Dr (Mrs) A Grami
Company	secretary			Dr H Haidar
Independent		examiner		RC Patel, FCA FCCA
				7 Redbridge Lane East
				Redbridge, Ilford
				Essex IG4 5ET

		Year ended	31 Decem	ber 2020
						Period from
						I	Jul 19to
				Year to 31Dec 20		31 Dec 19
				Unrestricted
				funds	Total funds	Total funds
			Note	$	$		$
Income and endowments Donations and legacies Investment income Other income			5 6 7	89,374 265	89,374 265		68,454 1,260 923
Total income				89,639	S9,639		70,637
Expenditure
Expenditure on raising funds: Costs ofraising donations and legacies Costs ofother trading activities Expenditure on charitable activities			8 9 10,11	89,545 1,500	89,545 1,500		63,295 1,883 2,038
Total expenditure				91,045	91,045		67,216
Net (expenditure)/income	and	net movement	in funds	(1,406)	(1,406)		3,421
Reconciliation offunds Total funds brought forward				(14,785)	(14,785)		(18,206)
Total funds carried forward				(16,191)	(16,191)		(14,785)

					2020		2019
				Note			$
Fixed assets Tangible fixed assets				17		6,814	4,912
Current assets Debtors Cash at bank and in hand				18	7,286 42,703		6,438 46,428
					49,989		52,866
Creditors: amounts		falling due within	one year	19	1,500		1,069
Net current	assets					48,489	51,797
Total assets	less current liabilities					55,303	56,709
Provisions Pensions and	similar	obligations		20		71,494	71,494
Net liabilities						(16&191)	(14,785)
Funds ofthe Unrestricted	charity funds					(16,191)	(14,785)
Total charity	funds			21		(16,191)	(14,785)

Donations and legacies
	Unrestricted	Total	Funds	Unrestricted	Total	Funds
	Funds		2020	Funds		2019
	$		$	$		$
Donations Donations	89,374		89,374	68,454		68,454

			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2020	Funds	2019
Bank	interest receivable		$ 265	$ 265	$ 1,260	$ 1,260
Other	income
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2020	Funds	2019
Sales Other	ofproduction operating income		$	$	$ 750 173	$ 750 173
					923	923

Costs	ofraising	donations	an	d legacie	s
					Unrestricted	Total	Funds	Unrestricted	Total	Funds
					Funds		2020	Funds		2019
					$		$	$		$
Costs	ofraising	donations	and	legacies	89,545		89,545	63,295		63,295

Costs ofother trading activ	ities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2020	Funds	2019
		$	$	$	$
Project: Fighting Corruption Enhancing Transparency Sundry office expenses	and			941 942	941 942
				1,883	1,883

10.	Expenditure	on charitab	le	acti	vities by	fund type
						Unrestncted	Total	Funds		Unrestricted	Total Funds
						Funds		2020		Funds		2019
	Suppoit costs					$ 1,500		$ 1,500		$ 2,038		$ 2,038
11.	Expenditure	on charitable		activities by activity type
										Total funds	Total fund
							Support costs			2020		2019
								$		$		$
	Governance	costs						1,500		1,500		2,038
12.	Analysis of	support costs
							Analysis of
							support costs activity I			Total 2020	Total 2019
								$		$		$
	Depreciation							1,098		1,098		567
13.	Net (expenditure)/income
	Net (expenditure)/income		is	stated after		charging/(crediting):				2020		2019
										$		$
	Depreciation	of tangible	fixed assets							1,09S		567
14.	Independent	examination		fees
											Period from
										Year to	I Jul 19to
										31Dec 20	31 Dec 19
										$		$
	Fees payable Independent	to the independent examination ofthe			examiner for: financial statements					500		500

Tangible fixed assets
	Land and	Fixtures and
	buildings	fittings	Equipment	Total
	$	$	$	$
Cost At 1 January 2020 Additions	705 3,000	2,851	10,808	14,364 3,000
At 31December 2020	3,705	2,851	10,808	17,364
Depreciation At 1 January 2020 Charge for the year	164 35	1,759 100	7,529 963	9,452 1,098
At 31December 2020	199	1,859	8,492	10,550
Carrying amount At 31December 2020	3,506	992	2,316	6,814
At 31 December 2019	541	1,092	3,279	4,912

18.	Debtors
									2020	2019
									$	$
	Other debtors								7,286	6,438
19.	Creditors: amounts			falling due within		one year
									2020	2019
									$	$
	Accruals	and	deferred		income				1,500	1,069
20.	Provisions
										Pens&ons
										and similar
										obliga tions
										$
	At 1 January		2020 and		31 December 2020					71,494
21.	Analysis	ofcharitable			funds
	Unrestricted		funds				At			At
						1 January	20 20	Income	Expenditure	31Decembe r 2020
	General	funds				$ (14,785)		$ 89,639	$ (91,045)	$ (16,191)
										At
							At			31 December
						I July 2019 $		Income $	Expenditure $	2019 $
	General	funds				(18,206)		70,637	(67,216)	(14,785)

Analysis ofnet ass	ets between funds
		Unrestricted	Total Funds
		Funds	2020
		$	$
Tangible fixed assets Current assets Creditors less than 1 year Provisions		6,814 49,989 (1,500) (71,494)	6,814 49,989 (1,500) (71,494)
Net liabilities		(16,191)	(16,191)
		Unrestricted	Total Funds
		Funds	2019
		$	$
Tangible fixed assets Current assets Creditors less than 1 year Provisions		4,912 52,866 (1,069) (71,494)	4,912 52,866 (1,069) (71,494)
Net liabilities		(]4,785)	(14,785)