2020-01-01-accounts

		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	4
Report ofthe Independent Auditors	5	to	6
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement		10
Notes tothe Financial Statements	11	to	16

FOR THE YEAR E	N	DED 1 JAN	UARY 2020
							2020	2019
					Unrestricted	Restricted	Total	Total
					funds	fund	funds	funds
				Notes		E		E
INCOME AND ENDOWMEN'TS			FROM
Donations and legacies				2	1,049,888		1,049,888	452,916
EXPENDITURE ON
Raising funds				3	99,527		99,527	25,000
Charitable activities				4
Costs ofActivities for		Charitable	Objectives		132,938		132,938	96,184
Supportcosts					11,964		11,964	7,376
Total					244,429		244,429	128,560
NET INCOME					805,459		806,469	324,356
RECONCILIATION	OF FUNDS
Total funds brought		forward			2,972,425		2,972,425	2,648,069
TOTAL FUNDS CARRIED FORWARD					3,777,884		3,777,884	2,972,425

1 JANUARY 202	0
			2020	2019
		Notes		6
FIXEDASSETS
Tangible assets		10	3,428,613	2,633,130
CURRENT ASSETS
Cash at bank and	in hand		683,581	662,855
CREDITORS
Amounts falling due within one year			(334,310)	(323,560)
NET CURRENT ASSETS			349,271	339,295
TOTAL ASSETS	LESSCURRENT
LIABILITIES			3,777,884	2,972,425
NET ASSETS			3,777,884	2,972,425
FUNDS		14
Unrestricted funds:
General fund			3,777,884	2,972,425
TOTAL FUNDS			3,777,884	2,972,425

					2020	2019
				Notes	6	F
Cash flows from	operating		activities
Cash generated from operations				1	811,284	332,874
Net cash provided	by operating activities				811,284	332,874
Cash flows from	Investing		activities
Purchase oftangible fixed assets					(799,058)	(411,958)
Net cash used in	investing	activities			(799,058)	(411,958)
Cash flows from	financing		activities
New loans in year					8,500	27,000
Net cash provided	by financing activities				8,600	27,000
Change In cash	and cash		equivalents
in the reporting	period				20,726	(52,084)
Cash and cash equivalents			at the
beginning ofthe	reporting		period		662,856	714,939
Cash and cash equivalents			at the end
ofthe reporting	period				683,681	662,855

	RECONCILIATION	RECONCILIATION		OF	NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
								2020	2019
								6	6
	Net Income	for the		reporting			period (as per the Statement of
	Financial Activities)							805,459	324,356
	Adjustments	for:
	Depreciation	charges						3,575	4,768
	Increase in creditors							2,250	3,750
	Net cash provided			by	operations			811,284	332,874
2.	ANALYSIS OF CHANGES					IN	NET FUNDS
							At 2.1.19	Cash flow	At 1.1.20
								E	6
	Net cash
	Cash at bank and		in	hand			662,855	20,726	683,581
							662,855	20,726	683,581
	Debt
	Debts falling	due within			1 year		(319,810)	(8,600)	(328,310)
							(319,810)	(8,500)	(328,310)
	Total						343,045	12,226	365,271

FOR	THE YEAR ENDED 1 JANUARY 2020	THE YEAR ENDED 1 JANUARY 2020
2.	DONATIONS AND LEGACIES
				2020	2019
				6
	Donations			1,049,888	452,916
3.	RAISING FUNDS
	Raising donations	and legacies
				2020	2019
				6	8
	Fund raising expenses			99,527	25,000
4.	CHARITABLE ACTIVITIES COSTS
			Direct	Support
			Costs (see	costs (see
			note 5)	note 6) 6	Totals f
	Costs ofActivities for Charitable
	Objectives		132,938		132,938
	Support costs			11,964	11,964
			132,938	11,964	144,902
6.	DIRECT COSTS OF CHARITABLE ACTIVITIES
				2020	2019
				6
	Staff costs			69,402	56,541
	Rent, rates &water			3,073	2,526
	Insurance			1,622	1,993
	Light and heat			40,224	5,847
	Telephone			1,050	1,075
	Postage and stationery			767	4,358
	Advertising &subscriptions			3,069	778
	Cleaning &sundries			3,689	812
	Repairs &renewals			6,014	2,471
	Travel			676	1,731
	Prayer & ramadan	expenditure		11,077	13,284
	Depreciation			3,576	4,768
				132,938

6.	SUPPORT COSTS	SUPPORT COSTS
					Finance	Other	Totals
					6
	Supportcosts				1,763	10,211	11,964
	Support costs, included			in the above, are as follows:
						2020	2019
						Support	Total
						costs	activities
						6	F
	Bank charges					1,753	1,655
	Legal &professional		fees			7,211	2,071
	Independent	examiner's		fees		3,000	3,750
						11,964	7,376

STAFF CO	STS
					2020	2019
					6	E
Wages and	salaries				59,402	56,541
					69,402
The average	monthly	number ofemployees	during	the year was as follows:
					2020	2019
Teachers					14	15
Administration					1	1
					15	16

10.	TANGIBLE FIXEDASSE	TS	TS
		Improvements		Fixtures
			to	and
			property	fittings	Totals
			6	F
	COST
	At 2 January 2019	2,618,828		19,070	2,637,898
	Additions		799,058		799,068
	At 1 Januaiy 2020	3,417,886		19,070	3,436,956
	DEPRECIATION
	At 2 January 2019			4,768	4,768
	Charge for year			3,575	3,676
	At 1 January 2020			8,343	8,343
	NET BOOK VALUE
	At 1 January 2020	3,417,886		10,727	3,428,613
	At 1 January 2019	2,618,828		14,302	2,633,130
11.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2020	2019
				8
	Other creditors			334,310	323,560
12.	LOANS
	An analysis ofthe maturity	of loans is given below:
				2020	2019
	Amounts falling due within	one year on demand:
	Other loans			328,310	319,810

FOR	THE YEAR END	THE YEAR END	THE YEAR END	ED 1 JANUARY	2020	2020
13.	ANALYSIS OF			NET ASSETS	BETWEEN		FUNDS
										2020	2019
							Unrestricted		Restricted	Total	Total
							funds		fund	funds	funds
								6		6
	Fixed assets						3,428,613			3,428,613	2,633,130
	Current	assets					683,581			683,581	662,855
	Current	liabilities					(334,310)			(334,310)	(323,560)
							3,777,884			3,777,884	2,972,425
14.	MOVEMENT		IN FUNDS
										Net
										movement	At
									At 2.1.19	in funds	1.1.20
									6	6
	Unrestricted		funds
	General	fund							2,972,425	805,459	3,777,884
	TOTAL	FUNDS							2,972,425	805,459	3,777,884
	Net movement			in funds, included		in the above are		as follows:
									Incoming	Resources	Movement
									resources 6	expended f	in funds
	Unrestricted		funds
	General	fund							1,049,888	(244,429)	805,459
	TOTAL	FUNDS							1,049,888	(244,429)	805,459
	Comparatlves			for movement	In	funds
									Prior	Net
									year	movement	At
							At	2.1.18	adjustment	in funds	1.1.19
								F
	Unrestricted		funds
	General	fund					2,790,218		(142,149)	324,356	2,972,425
	TOTAL	FUNDS					2,790,218		(142,149)	324,356	2,972,425

				Incoming	Resources	Movement
				I'esour'ces F	expended f	in funds 5
Unrestricted		funds
General	fund			452,916	(128,560)	324,356
TOTAL	FUNDS			452,916	(128,560)	324,356
Unrestricted		Funds
General	fund	- this represents	the free reserves ofthe charity