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2023-03-31-accounts

Page
Report ofthe Trustees 1 to 4
independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 8 to 13
Detailed Statement of Financial Activities

2023 2022
Unrestricted Restricted Total Total
funds fund funds funds
Nates
INCOME AND ENDOWMENTS FROM
Donations and legacies 62,396 1,381 63,777 50,045
Investment income 8,400 8.400 15,100
70,796 1,381 72,177 65,145
EXPENDITURE ON
Raising funds 3 3,611 3.611 7,120
Charitable activitim
Feeding the poor and needy 13,101 1,3&1 14,482 17,378
Promoting sustainable developments 7,630 7,630 951
Supporting educations! Projects 17,775 17,775 25,864
Supporting healthcare projects 4,020 4,020 100
Governance 3,014 3,014 3,257
Supporting humanitanan aid efforts 4,459 4,459 8,142
Total 53,610 1,381 54,991 62,812
NET INCOME 17,186 17,186 2,333
RECONCILIATION OF FUNDS
Total funds brought
forward		 654,724 654,724 652,391
TOTAL FUNDS CARRIED FORWARD 671,910 671,910 654,724

2023 2022
Unrestncted Restricted Total Total
funds fund funds funds
Notes f f
FIXEDASSETS
Tangible a~sets 6 2,087 2,087 2.849
Investment
property		 7 460,000 460.000 460,000
462.087 462,087 462,849
CURRENT ASSETS
Debtors 8 11,705 i 1,705 5,476
Cash at bank 203.738 203.738 192.499
215.443 215,443 197,975
CREDITORS
Amounts
falling due within one year		 9 (5,620) (5,620) (6,100)
NET CURRENT ASSETS 209,823 209,823 191,875
TOTAL ASSETSLESSCURRENT
LIABILITIES 671.910 671,910 654,724
NET ASSETS 671,910 671,910 654,724
FUNDS 10
Unrestricted
funds		 671,910 654,724
TOTAL FUNDS 671,910 654,724

2023 2022
Rents received 8,400 15,100
3. RAISING FUNDS
Investment management costs
2023 2022
f
Property repairs 2,659
Rates and water 2,000 2,065
Landlord's insurance 482 426
Light and heat 1,129 1,593
Professional fees 377
3,611 7,120

COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds fund funds
f,
INCOME AND ENDOWMENTS FROM
Donations and legacies 43,959 6,086 50,045
Investment income 15,100 15,100
Total 59,059 6,086 65,145
EXPENDITURE ON
Raising funds 7,120 7,120
Charitable activities
Feeding the poor and needy 11392 6,086 17,378
Promoting sustainabie developments 951 951
Supporting educational projects 25,864 25,864
Supporting healthcare projects 100 100
Governance 3,257 3,257
Supporting humanitarian aid efforts 8,142 8,142
Total 56,726 6,086 62,812
NET INCOME 2333 2,333

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued
Unrestricted Restricted Total
funds fund funds
8 f.
RECONCILIATION OF FUNDS
Total funds brought forward 652,391 652,391
TOTAL FUNDS CARRIED FORWARD 654,724 654,724
6, TANGIBLE FIXEDASSETS
Motor Computer
vehicles
f		 equipment
5		 Totals
COST
At
1 April 2022 and		 31March 2023 3,000 2,200 5,200
DEPRECIATION
At
I April 2022		 750 1,601 235]
Charge for year 563 199 762
At 31 March 2023 '1,313 1,800 3,113
NET BOOK VALUE
At 31 Marsh 2023 1,687 400 2,087
At 31 March 2022 2?50 599 2,849
INVESTMENT PROPERTY
FAIR VALUE
At
I April 2022
and 31March 2023 460,000
NET BOOK VALUE
At 31 March 2023 460,000
At 31 March 2022 460,000

8. DEBTORS: A MOUNTS FA LL ING DUE WITHIN ONE Y EAR
2023 2022
6 I
Other debtors 11,705 5,476
9. CREDITORSt AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
Other creditors 5,620 6,100
10. MOVEMENT IIN FUNDS
Net
movement At
At 1.4.22 in funds 31.3.23
f
Unrestricted funds
General
fund		 554,724 17,186 571,910
School Building Project (Nairobi) 100,000 100,000
654,724 17,186 671,910
TOTAL FUNDS 654,724 17,186 671,910
Net movement in funds. included in the above are as follows:
incoming Resources Movement
resources expended in funds
6
Unrestricted funds
General fund 70,796 (53,610) 17,186
Restricted funds
Zakat Fund 1,381 (1,381)
TOTAl. FUNDS 72,177 (54,991) 17,186
Comparatives for movement in funds
Nct
movement At
At 1.4,21 in funds 31 3,22
6 f,
Unrestricted funds
General
fund		 552,391 2,333 554,724
School Building Project (Nairobi) 100,000 I00,000
652,391 2,333 654,724
TOTAL FUNDS 652,391 2,333 654,724

Incoming Resources Movement
resources expended in funds
Unrestricted funds
General
fund		 59,059 (56,726) 2,333
Restricted funds
Zakat Fund 6,086 (6,086)
TOTAL FUNDS 65,145 (62,812) 2,333
A current year 12months and prior year 12months combined position is as follows:
Net
movement At
At 1.4.21 in funds 31.3.23
Unrestricted funds
General
lund		 552,391 19,519 571,910
School Building Project (Nairobi) 100,000 100,000
652,391 19,519 671,910
TOTAL FUNDS 652,391 19,519 671,910
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 129,855 (110,336) 19,519
Restricted funds
Zakat Fund 7,467 (7,467)
TOTAL FUNDS 137,322 (117,803) 19,519

for the Year Ended 31 March 2023
2023 2022
g
INCOME AND ENDOWMENTS
Doaations and legacies
Donations 56,167 39,543
GiR aid 6,229 4,416
Zakat received 1,381 6,086
63,777 50,045
lnvmtment
income
Rents received 8,400 15,100
Total incoming
resources		 72,177 65,145
EXPENDITURE
investment
management		 costs
Property
repairs		 2,659
Rates and water 2,000 2,065
Landlord's
insurance		 482 426
I.ight and heat 1,129 1,593
Professional
fees		 377
3,611 7,120
Charitable
activities
Feeding programme 14482 17,378
Sustainable
developments		 7,630 951
Educational
projects		 17,775 25,114
Heaithcare
donations		 4,020 100
Supporting
humanitarian		 aid efforts 4,459 8,142
48,366 51,685
Support costs
Governance
costs
Telephone 451 312
Sundries 294
Accountancy 1,800 1,500
Publicity eRotts 600
Depreciation ofmotor vehicles 563 750
Depreciation
ot'Computer		 Equipment 200 551
3,014 4,007
Total resources expended 54,991 62,8i2
Net income 17,186 2,333