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2023-03-31-accounts

Page
Report ofthe Trustees 1 to 2
Independent
Examiner's
Report
Statement ofFinancial Activities
Statement ofFinancial
Position
Notes to the Financial Statements 6 to 9
Detailed Statement ofFinancial Activities 10

2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies 104,997 104,997 48,504
EXPEiVDITURE ON
Charitable activities
Medical Assistance
to Individuals
600 600 250
Assistance to Poor, Needy, Elderly and Homeless 49,207
Grants for Building Projects 862 862 580
Other Donations
and Grants
89,057 89,057 17,602
Other 1,47Z 1,472 1,874
Total 91,991 91,991 69,513
NET INCOME/(EXPENDITURE) 13,006 13,006 (21,009)
RECONCILIATION
OF FUNDS
Total funds brought
forward
21,767 1,650 23,417 44,426
TOTAL FUNDS CARRIED FORWARD 34,773 1,650 36,423 23,417

31 March 2023
2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes f
CURRENT ASSETS
Cash at bank 35,193 1,650 36,843 23,837
CREDITORS
Amounts
falling due within one year
(420) (420) (420)
NET CURRENT ASSETS 34,773 1,650 36,423 23,417
TOTAL ASSETSLESSCURRENT
LIABILITIES 34~773 1,650 36,423 23,417
NET ASSETS 34,773 1,650 36,423 23,417
FUNDS
Unrestricted
funds
34,773 21,767
Restricted
funds
1,650 1,650
TOTAL FUNDS 36,423 23,417

G.F.FOUNDATION
LIMIT
G.F.FOUNDATION
LIMIT
ED ED
Notes to the Financial Statements -continued
for the Year Ended 31March 2023
3. COMPARATIVES FOR THE STATEiVIENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
INCOME AND ENDOWMENTS FROM
Donations
and legacies
48,504 48,504
EXPENDITURE ON
Charitable
activities
Medical Assistance to Individuals 250 250
Assistance
to Poor,
Needy, Elderly and
Homeless 49,207 49,207
Grants for Building Projects 580 580
Other Donations
and
Grants 17,602 17,602
Other 1,874 1,874
Total 69,513 69,513
NET INCOME/(EXPENDITURE) (21,009) (21,009)
RECONCILIATION OF FUNDS
Total funds brought forward 42,776 1,650 44,426
TOTAL FUNDS CARRIED FORWARD 21,767 1,650 23,417
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
Accrued expenses 420 420
5. MOVEMENT IN FUNDS
Net
movement At
At 1.4.22 in funds 31,3.23
Unrestricted
funds
Donations
Received
21,767 13,006 34,773
Restricted
funds
Donations
Received
1,650 1,650
TOTAL FUNDS 23,417 13,006 36,423

Incoming Resources Movement
resources expended in funds
Unrestricted
funds
Donations
Received
104,997 (91,991) 13,006
TOTAL FUNDS 104,997 (91,991) 13,006
Comparatives
for movement
in funds
Net
movement At
At 1.4.21 in funds 31.3.22
Unrestricted
funds
Donations
Received
42,776 (21,009) 21,767
Restricted
funds
Donations
Received
1,650 1,650
TOTAL FUNDS 44,426 (21,009) 23,417
Comparative
net movement
in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
Donations
Received
48,504 (69,513) (21,009)
TOTAL FUNDS 48,504 (69,513) (21,009)

Net
movement At
At 1.4.21 in funds 31.3.23
Unrestricted
funds
Donations Received 42,776 (8,003) 34,773
Restricted funds
Donations Received 1,650 1,650
TOTAL FUNDS 44,426 ~8,003) 36,423
Incoming Resources Movement
resources expended in funds
f.
Unrestricted funds
Donations Received 153,501 (161,504) (8,003)
TOTAL FUNDS 153,501 (161,504) (8,003)

for the Year Ended 31Marc h 2023
2023 2022
INCOME AND ENDOWMENTS
Donations
and
legacies
Donations
from
Businesses 95,610 31,301
Donations
from
Family Members 15,280
Donations
from
Supporters 9,387 1,923
104,997 48,504
Total incoming resources 104,997 48,504
EXPENDITURE
Charitable
activities
Medical Assistance
to lndividu
als 600 250
Assistance
to Poor, Needy, Eld
erly and Homeless 49,207
Grants for Building Projects 862 580
Other Donations and Grants 89,057 17,602
90,519 67,639
Support costs
Finance
Bank charges 291
Governance
costs
Sundries 1,050 1,163
Accountancy fees 420 420
1,470 1,583
Total resources expended 91,991 69,513
Net income/(expenditure) 13,006 ~21.009)