2020-12-31-accounts - Midland Doctors Association UK

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		Page
Report ofthe Trustees	1	to	6
Independent Examiner's Report
Statement of Financial Activities
Statement of Financial Position
Statement ofCash Flows		10
Notes tothe Statement ofCash Flows
Notes tothe Financial Statements	12	to	20

REFERENCE AND	REFERENCE AND	REFERENCE AND	AD	MINISTRATIVE DETAILS	MINISTRATIVE DETAILS
Trustees (Directors)					DrSY Iftikhar
					DrJ Ahmed
					Dr A Rashid
					Dr K Latief
					SHussain
					Dr2Sheikh
					A A Najib
					Dr I Ali
					R U Amin
					T Kent-Chapman
					M Altaf
					Dr Farhan Rashid (appointed			6 May
					2021)
Key Management			Personnel		DrSY Iftikhar
Company	Name				Midland Doctors Association			UK
Registered		Office			11 Snelston Crescent
					Littleover
					Derby
					DE236BL
Company	Secretary				Dr A Rashid
Accounting		Officer			TKent-Chapman
Registered		Company		Number	05818995(England		and Wales)
Registered		Charity	Number		1114559
Independent		Examiners			HSKS Greenhalgh
					Chartered Accountants
					18St Christopher's		Way
					Pride Park
					Derby
					DE24 8JY
Bankers					HSBC UK Bank Pic
					1 St.Peteye Street
					Derby
					DE12AE
					MCB Islamic Bank Ltd
					MCB Tower
					I.I.Chundrigar	Road
					74000 Karachi
					Pakistan

						2020	2019
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes	E	F	6	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies			2	684,337		684,337	467,035
Other trading activities			3	2,425		2,425	946
Investment income			4	44			77
Total				686,806		686,806	468,058
EXPENDITURE ON
Raising funds			5	54,861		54,861	76,906
Charitable activities
Hospital expenditure				373,993		373,993	448,584
Village expenditure							4,703
Other charitable expenditure				36,075		36,075
Dubai office costs				4,080		4,080	22,815
Covid expenditure				16,812		16,812
Education expenditure				839		839
Other				9,251		9,251	13,236
Total				495,911		495,911	566,244
NET INCOME/(EXPENDITURE)				190,895		190,895	(98,186)
RECONCILIATION	OF FUNDS
Total funds brought	forward			2,782,740		2,782,740	2,880,926
TOTAL FUNDS CARRIED FORWARD				2,973,635		2,973,635	2,782,740

				2020	2019
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	f	F	6	F
FIXEDASSETS
Tangible assets	13	2,471,483		2,471,483	2,443,784
CURRENT ASSETS
Debtors	14	19,361		19,361	28,019
Cash at bank and in hand		505,000		505,000	322,405
		524,361		524,361	350,424
CREDITORS
Amounts falling due within one year	15	(22,209)		(22,209)	(11,468)
NET CURRENT ASSETS		502,152		502,152	338,956
TOTAL ASSETS LESSCURRENT
LIABILITIES		2,973,635		2,973„635	2,782,740
NETASSETS		2,973,635		2,973,635	2,782,740
FUNDS	17
Unrestricted funds				2,973,635	2,782,740
TOTALFUNDS				2,973,635	2,782,740

		for t	he Year Ended 3	1December 2020
			Notes	2020 6	2019 f
Cash flows from	operating	activities
Cash generated from operations			1	307,783	8,651
Net cash provided	by operating activities			307,783	8,651
Cash flows from	investing	activities
Purchase oftangible fixed assets				(126,617)	(180,566)
Sale oftangible fixed assets				1,385	7,965
Interest received					77
Net cash used in	investing activities			(125,188)	(172,524)
Change in cash	and cash	equivalents
in the reporting	period			182,595	(163,873)
Cash and cash equivalents		at the
beginning ofthe	reporting	period		322,405	486,278
Cash and cash equivalents		at the end
ofthe reporting	period			505,000	322,405

RECONCILIATION ACTIVITIES	OF	NET INCOME/(EXPE	NDITURE) TO NET CASH	FLOW FROM OP	ERATING
				2020	2019
				6	F
Net income/(expenditure)		for the reporting	period (as per the
Statement of Financial Activities)				190,895	(96,186)
Adjustments for:
Depreciation charges				97,748	90,283
(Profit)/loss on disposal offixed assets				(215)	375
Interest received				(44)	(77)
Decrease in debtors				8,657	15,258
Increase in creditors				10,742	996
Net cash provided	by operations			307,783	6,651

ANALYSIS OF CHANGES IN NET FUNDS
	At 1/1/20	Cash flow	At 31/12/20
			6
Net cash
Cash at bank and in hand	322,405	182,595	505,000
	322,405	182,595	505,000
Total	322,405	182,595	505,000

OTHER TRADING	ACTI	VITIES
			2020	2019
			6	6
Patient fees			2,425	946
INVESTMENT INCOME
			2020	2019
			E	6
Deposit account interest			32	77
Interest receivable - trading			12
				77
RAISING FUNDS
Raising donations	and	legacies
			2020	2019
			E	6
Rent, rates and water				9
Donations administration		fees	7,777	6,160
Advertising, venues	etc		29,807	70,737
Support costs			(215)
			37,369	76,906
Other trading activities
			2020	2019
			E
Support costs			17,492
Aggregate amounts			54,861	76,906

						Support
					Direct	costs (see
					Costs f	note 8) f	Totals 6
Hospital expenditure					373,949	44	373,993
Other charitable expenditure					16,400	19,675	36,075
Dubai office costs					588	3,492		4,080
Covid expenditure					16,812		16,812
Education expenditure					839			839
					408,588	23,211	431,799
GRANTS PAYABLE
There were no grants	paid during	the year	(2019: 612,000 - Kashmir Orphan			Relief Trust	paid	toward
the construction of3 houses for housing of			children	in need).
SUPPORT COSTS
					Governance
			Management		Finance	costs		Totals
				5	6	5		E
Raising donations and	legacies				(215)			(215)
Other trading activities			17,719			(227)	17,492
Hospital expenditure						44		44
Other charitable expenditure				7,077	2,135	10,463	19,675
Dubai office costs				2,963	529			3,492
			27,759		2,449	10,280	40,488
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated	after charging/(crediting):
						2020f		2019 6
Independent examiners	fees					1,850		1,480
Depreciation -owned assets						97,748	90,283
Other operating leases						2,410		2,418
Surplus/(deficit) on disposal offixed assets						(215)		375

STAFF COSTS
										2020			2019
										f			6
Wages and salaries										170,425		166,339
										170,425		166,339
The average monthly		number		ofemployees		during		the year was as follows:
										2020			2019
Medical staff										44			40
Maintenance staff										6			6
Security										3			4
Administrative staff										9			5
Other staff										9			6
										71			61
No employees received emoluments					in excess		ofF60,000.
FOREIGN CURRENCY TRANSLATION
Realised losses on translation				offoreign currencies				amounted	toF23,392(2019:F10,318).
The presentation currency			is the Pound Sterling (5).
The main functional	currencies			of the charity are				the Pound	Sterling (f) in the United		Kingdom,		and	t
Pakistani Rupee (Rs)		for	expenditure		incurred		in	Pakistan,	along with United	Arab Emirates		dirham
expenditure incurred	within		Dubai.
TANGIBLE FIXEDASSETS
												Fixtures
									Freehold	Plant and			and
									property	machinery			fittings
									6				E
COST
At 1 January 2020									2,424,639	367,829			72,527
Additions									18,166	55,241			46„282
Disposals										(1,300)
At 31 December 2020									2,442,805	421,770		118,809
DEPRECIATION
At 1 January 2020									332,874	85,659			27,134
Charge for year									48,856	33,741			9,168
Eliminated on disposal										(130)
At 31 December 2020									381,730	119,270			36,302
NET BOOK VALUE
At 31 December 2020									2,061,075	302,500			82,507
At 31 December 2019									2,091,765	282,170			45,393

Comparative	net movement in funds, incl	uded in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		E	E	E
Unrestricted	funds
General fund		468,058	(566,244)	(98,186)
TOTAL FUNDS		468,058	(566,244)	(98,186)

A current yea	r 12 months and prior year	12 months combined position isas	follows:
			Net
			movement	At
		At 1/1/19	in funds	31/12/20
		E		F
Unrestricted	funds
General fund		2,880,926	92,709	2,973,635
TOTAL FUNDS		2,880,926	92,709	2,973,635