| Page | |||
|---|---|---|---|
| Reference and administrative | details | ||
| Trustees' Report |
2-8 | ||
| Independent auditor's |
report | to the trustees | 9-13 |
| Statement offinancial | activities | 14 | |
| Balance Sheet | 15 | ||
| Statement ofcash flows | 16 | ||
| Notes to the financial | statements | 17-23 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||||
| NOTES | |||||||
| INCOMING RESOURCES | |||||||
| Incoming resources from | generated | funds | |||||
| Donations and legacies |
509,618 | 583,470 | |||||
| Activities for generating | funds | ||||||
| Investment income |
6,998 | 5,175 | |||||
| Other income | 303 | 7,237 | |||||
| Total incomin resources |
516,919 | 595,882 | |||||
| RESOURCES EXPENDED | |||||||
| Expenditure on charitable activities |
(359,521) | (487,520) | |||||
| Other ex enditure | 192,000) | 30,437 | |||||
| Total resources e ended |
551,521 | 517,95 | |||||
| Net (outgoing)/incoming | resources | (34,602) | 77,925 | ||||
| FUND BALANCES | |||||||
| Fund balances brou ht forward |
at 1 | ul | 2020 | 1,522,926 | 1,445,001 | ||
| Fund balances carried forward | at | 30 | une 2021 | 15 | 1,488,324 | 1,522,926 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| NOTES | |||||||
| FIXEDASSETS | |||||||
| Investments | 10 | 110,000 | 10,000 | ||||
| 110,000 | 10,000 | ||||||
| CURRENT | ASSETS | ||||||
| Debtors | 11 | 264,000 | 438,301 | ||||
| Cash at bank | and in | hand | 12 | 1,120,324 | 1,079,625 | ||
| 1,384,324 | 1,517,926 | ||||||
| Creditor: amounts | fallin | due within one | ear | 13 | 6,000 | 5,000 | |
| Net current | assets | 1,378,324 | 1,512,926 | ||||
| Net assets | 1,488,324 | 1,522,926 | |||||
| The funds ofthe Foundation | |||||||
| Unrestricted | income | funds | 15 | 1,488,324 | 1,522,926 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| CASH FLOWS FROM | OPERATING ACTIVITIES | ||||||
| Net (outgoing) /incoming | resources | (34,602) | 77,925 | ||||
| Provision against debtors |
192,000 | 30,437 | |||||
| (Increase) /decrease in debtors |
(17,699) | 9,700 | |||||
| Increase in creditors | 1,000 | 1,000 | |||||
| Net cash enerated from |
o eratin | activities | 140,699 | 119,062 | |||
| CASH FLOW FROM INVESTING ACTIVITIES | |||||||
| Purchase ofinvestments | 100,000 | 10,000 | |||||
| Net cash utilised in investin activities |
100,000) | 10,000 | |||||
| Increase in cash and cash | equivalents | during | the | year | 40,699 | 109,062 | |
| Cash and cash e uivalents at the |
be innin | ofthe | ear | 1,079,625 | 970,563 | ||
| Cash and cash e uivalents | at the end ofthe | ear | 1,120,324 | 1,079,625 | |||
| Cash and cash equivalents at the |
end of | the | year | ||||
| comprise of | |||||||
| Cash at bank and in hand | 1,120,324 | 1,079,625 |
| Unrestricted | Total | |||||
|---|---|---|---|---|---|---|
| funds 2021 | 2021 | |||||
| Incoming resources | from | generated | funds | |||
| Donations from related parties (see note 18) |
500,000 | 500,000 | ||||
| Other donations Total income rela ' |
to | fundraisi | 9,618 509,618 |
9,618 509,618 |
||
| Activities for generating | funds | |||||
| Investment income |
6,998 | 6,998 | ||||
| Other income | 303 | 303 | ||||
| Total income from | eneratin | funds | 7,301 | 7,301 | ||
| Total incomin resources |
516,919 | 516,919 | ||||
| Unrestricted | Total | |||||
| funds 2020 | 2020 | |||||
| Incoming resources | from | genetated | funds | |||
| Donations from related parties (see note 18) |
510,000 | 510,000 | ||||
| Other donations | 73,470 | 73,470 | ||||
| Total income rela ' | to | fundraisi | 583,470 | 583,470 | ||
| Activities for generating |
funds | |||||
| Investment income |
5,175 | 5,175 | ||||
| Other income | 7,237 | 7,237 | ||||
| Total income from | eneratin | funds | 12,412 | 12,412 | ||
| Total incomin resources |
595,882 | 595,882 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Number | Number | ||||||||
| The | number | oftrustees | at | the | end | ofthe | ear | 3 | 3 |
| Expenditure | on charitable activiti |
es | |||
|---|---|---|---|---|---|
| Emergency & | Education | Social | |||
| He althcare | 8cTraining | Community | |||
| Welfare | 2021 | 2020 | |||
| Unrestricted | Unrestricted | Unrestricted | Unrestricted | Unrestricted | |
| Donations | 68,161 | 150,955 | 140,405 | 359,521 | 487,520 |
| 20 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Unrestticted | ||||
| Im | airment | ofloan | advances | 192,000 | 30,437 |
| 0 In |
vestments | |
|---|---|---|
| Unlisted | ||
| Investments | ||
| Com | an | |
| Cost | and net book value | |
| At 1July 2020 | 10,000 | |
| Additions | 100,000 | |
| At 30 | une 2021 | 110,000 |
| 1 D |
ebtors | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Loan | advances | includ' | Qard | Hasans | 264,000 | 438,301 |
| 2021 | 2020 |
|---|---|
| 1,120,324 | 1,079,625 |
| 2021 | 2020 | |
|---|---|---|
| Accruals | 6,000 | 5,000 |
| 5 Unr |
estricted funds |
|||||
|---|---|---|---|---|---|---|
| Transfer | ||||||
| Balance 1 | Incoming | Outgoing | between | Balance 30 | ||
| July 2020 | funds | funds | funds | June 2021 | ||
| Grou | ||||||
| General | funds | 1,522,926 | 516,919 | 551,521 | 1,488,324 | |
| 1,522,926 | 516,919 | 551,521 | 1)488,324 |
| 2021 | Unrestricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | ||||
| Investments | 110,000 | 110,000 | |||
| Net current assets | 1,378,324 | 1,378,324 | |||
| Creditors: | fallin | due after more than one | ear | 6,000 | 6,000 |
| 1,488,324 | 1,488424 | ||||
| 2020 | Untestricted | Total | |||
| funds | funds | ||||
| Investments | 10,000 | 10,000 | |||
| Net current assets | 1,517,926 | 1,517&926 | |||
| Creditors: | fallin | due after more than one | ear | 5,000 | 5,000 |
| 1,522,926 | 1,522,926 |