| Page | ||||
|---|---|---|---|---|
| Reference and Administrative | Details | |||
| Report of the Trustees | 2 | to | 4 | |
| Report ofthe Independent Auditors |
5 | to | 8 | |
| Statement of Financial Activities |
||||
| Balance Sheet | 10 | |||
| Cash Flow Statement | ||||
| Notes to the Financial Statements | 12 to | 20 | ||
| Detailed Statement of Financial |
Activities |
| TRUSTEES | Ms R Izadi | ||
|---|---|---|---|
| Mr A Bagherzadeh | |||
| Mr A Ittihadieh | |||
| Ms M Halati | |||
| PRINCIPAL ADDRESS | 63 Rutland Gate |
||
| London | |||
| SW7 1PJ | |||
| REGISTERED CHARITY | 1115318 | ||
| NUMBER | |||
| AUDITORS | AKS Advisers | Limited | |
| Fourth & Fifth |
Floors | ||
| 14-15Lower Grosvenor | Place | ||
| London | |||
| SW1W OEX | |||
| BANKERS | Natwest Bank |
Plc |
| 31.3.21 | 31,3,20 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| fund | funds | funds | funds | |||||
| Notes | E | E | f | E | ||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
2 | 275,690 | 275,690 | 571,990 | ||||
| Investment income |
3 | 961 | 961 | 1,379 | ||||
| Total | 276,651 | 276,651 | 573,369 | |||||
| EXPENDITURE ON | ||||||||
| Raising funds | 17,734 | 17,734 | 41,209 | |||||
| Charitable activities |
||||||||
| Omid e Mehr | 141,195 | |||||||
| Research &Training |
58,771 | 58,771 | 17,426 | |||||
| Direct programmes | and grants | 312,440 | 312,440 | 175,337 | ||||
| Other | 6,000 | |||||||
| Total | 388,945 | 388,945 | 381,167 | |||||
| NET INCOME/(EXPENDITURE) | (112)294) | (112,294) | 192,202 | |||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought | forward | 828,811 | 828,811 | 636,609 | ||||
| TOTAL FUNDS CARRIED FORWARD | 716,517 | 716,517 | 828,811 |
| 31.3.21 | 31.3.20 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | F | E | E | ||||
| CURRENT ASSETS | |||||||
| Debtors | 10 | 505 | 505 | 229 | |||
| Cash at | bank | 719,612 | 719,612 | 832,182 | |||
| 720,117 | 720,117 | 832,411 | |||||
| CREDITORS | |||||||
| Amounts | falling due within one year | (3,600) | (3,600) | (3,600) | |||
| NET CURRENT ASSETS | 716,517 | 716,517 | 828,811 | ||||
| TOTAL | ASSETS LESSCURRENT | ||||||
| LIABILITIES | 716,517 | 716,517 | 828,811 | ||||
| NET ASSETS | 716,517 | 716,517 | 828,811 | ||||
| FUNDS | 12 | ||||||
| Unrestricted | funds | 716,517 | 828,811 | ||||
| TOTAL | FUNDS | 716,517 | 828,811 |
| 31.3.21 | 31.3.20 | ||||
|---|---|---|---|---|---|
| Notes | E | ||||
| Cash flows from | operating | activities | |||
| Cash generated from operations |
15 | (113,531) | 204,390 | ||
| Net cash (used in)/provided | by operating | activities | (113,531) | 204,390 | |
| Cash flows from | investing | activities | |||
| Interest received | 961 | 1,379 | |||
| Net cash provided | by investing activities |
961 | 1,379 | ||
| Change in cash |
and cash | equivalents | |||
| in the reporting | period | (112,570) | 205,769 | ||
| Cash and cash equivalents | at the | ||||
| beginning ofthe |
reporting | period | 832,182 | 626,413 | |
| Cash and cash equivalents | at the end | ||||
| ofthe reporting | period | 719,612 | 832,182 |
| 31.3.21 | 31.3.20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| F | E | F | ||||
| Donations | 270,751 | 270,751 | 527,263 | |||
| Gift aid | 2,539 | 2,539 | 923 | |||
| Grants | 41,404 | |||||
| Donated services | and facilities | 2,400 | 2,400 | 2,400 | ||
| 275,690 | 275,690 | 571,990 | ||||
| Grants received, | included | in the above, are as follows: | ||||
| 31.3.21 | 31.3.20 | |||||
| Other grants | 41,404 | |||||
| INVESTMENT INCOME | ||||||
| 31.3.21 | 31.3.20 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| F | F | F | ||||
| Deposit account | interest | 961 | 961 | 1,379 |
| Raising d | onations | and legacies | ||||||
|---|---|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| E | E | C | ||||||
| Telephone | 2 | 271 | 2 271 | 2,560 | ||||
| Postage and stationery | 6,538 | 6,538 | 4,970 | |||||
| Advertising | &promotions | 18,667 | ||||||
| Indirect expenses | 8,913 | 8,913 | 14,424 | |||||
| Bank charges | 12 | 12 | 588 | |||||
| 17,734 | 17,734 | 41,209 | ||||||
| 5. | CHARITABLE ACTIVITIES COSTS | |||||||
| Support | ||||||||
| Direct | costs (see | |||||||
| Costs | note 7) | Totals | ||||||
| E | E | E | ||||||
| Research | &Training | 58,771 | 58,771 | |||||
| Direct programmes | and grants | 306,440 | 6,000 | 312,440 | ||||
| 365,211 | 6,000 | 371,211 | ||||||
| 6. | GRANTS | PAYABLE | ||||||
| 31.3.21 | 31.3.20 | |||||||
| f. | E | |||||||
| Omid e Mehr | 141,195 | |||||||
| The total | grants paid | to institutions | during the year was as | |||||
| follows: | ||||||||
| 31.3.21 | 31,3,20 | |||||||
| E | ||||||||
| Omid | 141,195 |
| 2020 | |||
|---|---|---|---|
| f | |||
| Salaries, wages and | fringe benefits | 87,606 | |
| Utilities | 1 732 | ||
| Rent, scholarships | and MISC | 25,031 | |
| Food raw materials | 5,740 | ||
| Equipment repair and maintenance |
2,467 | ||
| Facilities repair and | maintenance | 890 | |
| Medical | 1,682 | ||
| Consumables | 2,689 | ||
| Shelter operations | 922 | ||
| Scholarships | 12,435 | ||
| 141,195 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| fund | funds | funds | |||
| E | |||||
| INCOME | AND ENDOWMENTS | FROM | |||
| Donations | and legacies | 571,990 | 571,990 | ||
| Investment | income | 1,379 | 1,379 | ||
| Total | 573,369 | 573,369 | |||
| EXPENDITURE ON | |||||
| Raising funds | 41,209 | 41,209 |
| COMPARATIVES FOR | COMPARATIVES FOR | COMPARATIVES FOR | THE STATEMENT OF FINANCIAL ACTIVITIES - continued | THE STATEMENT OF FINANCIAL ACTIVITIES - continued | THE STATEMENT OF FINANCIAL ACTIVITIES - continued | THE STATEMENT OF FINANCIAL ACTIVITIES - continued | ||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||||
| fund | funds | funds | ||||||
| E | E | E | ||||||
| Charitable activities |
||||||||
| Omid e Mehr | 96,800 | 44,395 | 141,195 | |||||
| Research &Training |
17,426 | 17,426 | ||||||
| Direct programmes | and | grants | 175,337 | 175,337 | ||||
| Other | 6,000 | 6,000 | ||||||
| Total | 336,772 | 44,395 | 381,167 | |||||
| NET INCOME/(EXPENDITURE) | 236,597 | (44,395) | 192,202 | |||||
| RECONCILIATION | OF | FUNDS | ||||||
| Total funds brought | forward | 592,214 | 44,395 | 636,609 | ||||
| TOTAL FUNDS CARRIED | FORWARD | 828,811 | 828,811 | |||||
| 10. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 31,3.21 | 31.3.20 | |||||||
| Other debtors | 505 | 229 | ||||||
| 11. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 31.3.21 | 31.3.20 | |||||||
| E | ||||||||
| Other creditors | 3,600 | 3,600 | ||||||
| 12. | MOVEMENT IN FUNDS |
|||||||
| Net | ||||||||
| movement | At | |||||||
| At 1,4.20 | in funds | 31.3.21 | ||||||
| E | E | |||||||
| Unrestricted funds |
||||||||
| General fund |
828,811 | (112,294) | 716,517 | |||||
| TOTAL FUNDS | 828,811 | (112,294) | 716,517 |
| Net movement | in funds, incl |
ude | d in th |
e above | are as follows: | ||
|---|---|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| F | |||||||
| Unrestricted | funds | ||||||
| General fund |
276,651 | (388,945) | (112,294) | ||||
| TOTAL FUNDS | 276,651 | (388,945) | (112,294) | ||||
| Comparatives | for movement | in funds | |||||
| Net | |||||||
| movement | At | ||||||
| At 1.4.19 | in funds | 31.3.20 | |||||
| E | E. | ||||||
| Unrestricted | funds | ||||||
| General fund | 592,214 | 236,597 | 828,811 | ||||
| Restricted funds | |||||||
| Restricted | 44,395 | (44,395) | |||||
| TOTAL FUNDS | 636,609 | 192,202 | 828,811 | ||||
| Comparative | net movement | in | funds, | included | in the above are as follows: | ||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General fund |
573,369 | (336,772) | 236,597 | ||||
| Restricted funds | |||||||
| Restricted | (44,395) | (44,395) | |||||
| TOTAL FUNDS | 573,369 | (381,167) | 192,202 |
| A current yea | r 12 months and prior year |
12 months combined position is a |
s follows: | |
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 1.4.19 | in funds | 31.3.21 | ||
| f. | E | E | ||
| Unrestricted | funds | |||
| General fund | 592,214 | 124,303 | 716,517 | |
| Restricted funds | ||||
| Restricted | 44,395 | (44,395) | ||
| TOTAL FUNDS | 636,609 | 79,908 | 716,517 |
| A current yea above are as |
r 12 months and prior year follows: |
12 months combined net movem |
ent in funds, |
included in t |
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| E | E | |||
| Unrestricted | funds | |||
| General fund | 850,020 | (725,717) | 124,303 | |
| Restricted funds | ||||
| Restricted | (44,395) | (44,395) | ||
| TOTAL FUNDS | 850,020 | (770,112) | 79,908 |
| 15. | RECONCILIATION | RECONCILIATION | OF NET (EXPENDITURE)/INCONIE | OF NET (EXPENDITURE)/INCONIE | OF NET (EXPENDITURE)/INCONIE | OF NET (EXPENDITURE)/INCONIE | TO NET CASH | FLOW FROM | OPERATING |
|---|---|---|---|---|---|---|---|---|---|
| ACTIVITIES | |||||||||
| 31.3.21 | 31.3.20 | ||||||||
| F | |||||||||
| Net (expenditure)/income | for the reporting | period (as | per the | ||||||
| Statement of | Financial Activities) | (112,294) | 192202 | ||||||
| Adjustments | for: | ||||||||
| Interest received | (961) | (1,379) | |||||||
| (Increase)/decrease | in debtors | (276) | 13,567 | ||||||
| Net cash (used in)/provided | by operations | (113,531) | 204,390 | ||||||
| 16.. | ANALYSIS OF CHANGES | IN | NET FUNDS | ||||||
| At 1,4.20 | Cash flow | At 31.3.21 | |||||||
| F | E | ||||||||
| Net cash | |||||||||
| Cash at bank | 832,182 | (112,570) | 719,612 | ||||||
| 832,182 | (112,570) | 719,612 | |||||||
| Total | 832,182 | (112,570) | 719,612 |
| 31.3.21 | 31.3.20 | |
|---|---|---|
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| Donations | 270,751 | 527,263 |
| Gift aid | 2,539 | 923 |
| Grants | 41,404 | |
| Donated services and facilities | 2,400 | 2,400 |
| 275,690 | 571,990 | |
| Investment income |
||
| Deposit account interest | 961 | 1,379 |
| Total incoming resources |
276,651 | 573,369 |
| EXPENDITURE | ||
| Raising donations and legacies |
||
| Telephone | 2,271 | 2,560 |
| Postage and stationery | 6,538 | 4,970 |
| Advertising K prom otions |
18,667 | |
| Indirect expenses | 8,913 | 14,424 |
| Bank charges | 12 | 588 |
| 17,734 | 41,209 | |
| Charitable activities |
||
| Research &training programme |
58,771 | 17,426 |
| Direct programmes and grants |
306,440 | 175,337 |
| Grants to institutions | 141,195 | |
| 365,211 | 333,958 | |
| Support costs | ||
| Governance costs | ||
| Auditors' remuneration |
3,600 | 3,600 |
| Accountancy fees | 2,400 | 2,400 |
| 6,000 | 6,000 | |
| Total resources expended | 388,945 | 381,167 |
| Net (expenditure)/income | (112,294) | 192,202 |