2021-08-31-accounts - Jamia Al-Karam

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Trustees' annual report (incorporating	the	director's	report)
independent examiner's report to the	trustees
Statement offinancial activities (including		income and
expenditure account)
Statement offinancial position
Statement ofcash flows
Notes to the financial statements				10

				2021	2021	2020
				Unrestricted
			Note	funds f	Total funds f	Total funds f
Income and endowments
Donations and legacies			5	461,568	461,568	432,610
Charitable activities			6	187,855	187,855	167,532
Total income				649,423	649,423	600,142
Expenditure
Expenditure on raising funds:
Costs of raising donations		and legacies	7	9,000	9,000	5,250
Expenditure on charitable	activities		8,9	434,188	434,188	488,884
Total expenditure				443,188	443,188	494,134
Net gains on investments			10			(21,233)
Net income and net movement		in funds		206,235	206,235	127,241
Reconciliation offunds
Total funds brought forward				589,682	589,682	462,441
Total funds carried forward				795,917	795,917	589,682

		Note	f		2020 6
Fixed assets
Tangible fixed assets		15		395,429	312,385
Current assets
Debtors Cash at bank and in	hand	16	5,351 525,706		11,470 322,103
			531,057		333,573
Creditors: amounts	falling due within one year	17	113,669		29,777
Net current assets				417,388	303,796
Total assets less current liabilities				812,817	616,181
Creditors: amounts	falling due after more than
one year		18		16,900	26,499
Net assets				795,917	589,682
Funds ofthe charity
Unrestricted funds				795,917	589,682
Total charity funds		20		795,917	589,682

Year e	nded 31August	2021
		2021	2020
Cash flows from operating activities
Net income		206,235	127,241
Adjustments for:
Depreciation oftangible fixed assets Government grant income Net gains on investments Interest payable and similar charges Accrued (income)/expenses		99,454 (30,100) 14,413 (4,999)	76,787 (23,033) (21,233) 5,429 3,999
Changes in:
Trade and other debtors Trade and other creditors		6,119 79,292	1,836 (5,250)
Cash generated from operations		370,414	165,776
Interest paid		(14,413)	(5,429)
Net cash from operating activities		356,001	160,347
Cash flows from investing activities
Purchase oftangible assets Proceeds from sale oftangible assets Proceeds from sale ofother investments		(182,498)	(170,698) 93,767 21,233
Net cash used in investing activities		(182,498)	(55,698)
Cash flows from financing activities
Government grant income		30,100	23,033
Net cash from financing activities		30,100	23,033
Net increase in cash and cash equivalents Cash and cash equivalents at beginning	ofyear	203,603 322,103	127,682 194,421
Cash and cash equivalents at end ofyear		525,706	322,103

11.	Net income		Year ended 31August 202	1
	Net income	is stated after	charging/(crediting):
				2021	2020
	Depreciation oftangible fixed assets Operating lease rentals			99,454 4,000	76,787 2,000
12.	Independent	examination	fees
				2021	2020
	Fees payable	to the independent examiner for:
	Independent examination Other financial services		ofthe financial statements	1,200 3,388	1,200 6,059
				4,5&8	7,259

Staffcosts					4,5&8 7,259	4,5&8 7,259
The total staff costs and employee	benefits for		the reporting	period are	analysed as follows:
					2021	2020
Wages and salaries					179,859	174,177
The average head count of employees of full-time equivalent employees during		during the year was the year is analysed		10(2020: as follows:	10).The average	number
					2021	2020
					No.	No.
Number ofemployees					10	10

15.	Tangible fixe	d asset	s
			Long
			leasehold	Fixtures and
			property f	fittings f	Equipment	Total f
	Cost
	At 1 September 2020		704,307	232,505	113,360	1,050,172
	Additions		60,401		122,097	182,498
	At 31August	2021	764,708	232,505	235,457	1,232,670
	Depreciation
	At 1 September 2020		455,667	215,851	66,269	737,787
	Charge for the year		71,578	2,498	25,378	99,454
	At 31August	2021	527,245	218,349	91,647	837,241
	Carrying amount At 31August 2021		237,463	14,156	143,810	395,429
	At 31 August 2020		248,640	16,654	47,091	312,385
16.	Debtors
					2021 f	2020 f
	Prepayments	and accrued income			728	697
	Other debtors				4,623	10,773
					5,351	11,470
17.	Creditors: amounts		falling due within one year
					2021 f	2020
	Trade creditors				98,705	10,329
	Accruals and deferred		income		3,645	8,644
	Social security	and other taxes			1,720	1,205
	Other creditors				9,599	9,599
					113,669	29,777
18.	Creditors: amounts		falling due after more than one	year
					2021 f	2020 f
	Other creditors				16,900	26,499

Analysis ofnet asset	s between funds
		Unrestricted	Total Funds
		Funds f	2021 f
Tangible fixed assets Current assets Creditors greater than	1 year	395,429 417,388 (16,900)	395,429 417„388 (16,900)
Net assets		795,917	795,917
		Unrestricted	Total Funds
		Funds	2020
			f
Tangible fixed assets Current assets Creditors greater than	1 year	312,385 303,796 (26,499)	312,385 303,796 (26,499)
Net assets		589,682	589,682

22.	Financial in	strument	strument	s	s	s
	The carrying	amount		for each category offinancial			instrument	is as follows:
									2021	2020
									6		6
	Financial assets		measured		at fair value through		income	and expenditure
	Financial assets measured				at fair value through	income and
	expenditure								531,057	335,573
23.	Analysis of	changes		in net debt
										At
							At1 Sep2020		Cash flows	31 Aug	2021
									6		6
	Cash at bank	and	in	hand			322,103		203,603	525,706