Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 Charity Registration No. 1119514 GALHINNA WELFARE ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION CONTENTS Page Legal and Adminisiraiiye infomiaiion Truslees report Ind¥pcnd¢n¢ Examiners rert Slatemenl ol flnandal a¢lJvllle8 Balance shoet Notes lo th8 flnanclal statem8nt8 8_13
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr Abdul Hassan Mr Mohamed Riz Mr Mohamed Akbar Mr Mohamed Amanullah Mr Mohamed Imran Mr Mohameij Ikram hAr Amanullah Kamaldin Mr Razak Munaf Dr Muzakir Majeed Mr Mohamed Irfan Mr Abdul Aleem M M Mr Zafry Mohammed Mr Mohamed Shakir Abdul W Mr M l Ahmed lthkhan Mr M l Mohamed Imran Mr A M Moham8(J Masahif Mr M H Hidayathulla Mr M l Mohamed Iqbal Mr Jesmin Jalael Mr Safeer Sally Mr Careern Munaf Charbty numb•r 1119514 Prln¢lpal oddr¢•• 51 Ingleby Road Illord IG1 4RX
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2022 The Trustees presenl their report and financial statements for Ihe year ended 31 March 2022.. The finanaal stat8m8nts have been prepared in accordance wtth the aCcoun'ng poliaes set out in note 1 to the financial Statements and comply with the CIO'S ¢on$litulion Ihe Charitie$ Ad 2011 and "Accounting and Reporting by Charities". Stalernent of Recommended Practice applicable lo charities preparing their account5 in accordance with the Finanoal Reporting Standard applicable in the UK and R8puNic of Iland IFRS 1021. las amended for aceounling periods commencing from 1 January 20161 obje1¥9$ and a¢tlvllle$ Our objeclives are sel io reflocl our laith and community aims. Ead) year our trusiè69 rawew our objèctives and activities to ensure they continue to refl8Ct our aims. In carrying out this review the trustee5 have consider8d th8 Charity Commission's 98n8r81 guidanc£ on public b8n8fit and in particular its suppl8m8ntary public guidance on the advancemenl of religion for the public benefil. Our aims MaIn to provide a community supporl lo the Sri Lankan Muslim in Sn" Lanka slnjggling day to day Ilfe by financially. The objects ol tho charity are set out in lh6 charitys consbtution and are summarised as.. 1. To advance education of School and Madrasa pupils in Galhinna, Sd Lanka by provi¢Jlng and asslsting in the prov151on of educational facilit18S. 2. To irnprove condition5 of Life for the inhabitan15 of Galhinna. Sri Lanka. 3. To rolièvo Financial hardship by such maans as d8tsmin•d by thè Charity including tha provision of Grants to those in needs. Tha Trusteas h8ve paid duè rtgard to guidaneè issuèd by ihè Charity Cefflmission in deciding what activiti*s tha CIO should undartakè. OBJECTIVES AND ACTMTIES Sl9nlllcont a¢tlvb¢le$ Charltabl• a¢tivltl•s The charity carries oul a wde range of actiwlies in pursuance oliis chariiab18 aims. Th8 truslees consider that these actlvltles. ACHIEVEMENT AND PERFORMANCE Charitablo activitios FINANCIAL REVIEW Prlnclpal lundlng $our¢e$ OurA550ciation's main sources olincome are regularcommunity mombèts, donatK>ns and through fund raising event5 R858rves policy The trustees have viewe£l the reserves of the (tsrity. Their policy 1$ lo h¢Yd sufficient fvnds to meet operating costs of the As50Gation
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2022 Achl?vem¢nl$ and performanc• Flnanclal revlew It is the policy of the CIO that unreslricte(J fvnd5 vthich have T1 been de51gnated for a speufic use shoukj be maintained at a level equivalent to betsen Ihree and six month's expenditure. The Trustees ¢onsiders that re5erve5 at this level will ensure that, In the event of a significant drop in lundin9, they will be able to continue the CIO'S current activities whil8 consideration is given to ways in whith 8ddition81 funds may be r8iS8d. This level of reseryes has been maintained thrthjghout the year. Th8 Truste8s has assessed the major risks to which the CIO is exrM)wl and are satisfied that $ystem3 arg in place to miligale exposure lo major risks. Strudur•. governan¢9 and manag•ment Galhinna W811ar8 Associaiion is tonsliluièd as a Chariiable Incorporatsd Organi5ation r8gisler8d with th8 Chadty Commission on 18 Decombor 2LX)5 as amend6d on 29 April 2017 undorcharity numbor 1119514. It Is governed by conslilulion. TheTrustees who served durlng the year and up tothe date ol signature of The finanelal statements were.. Mr Abdul Hassan Mr Mohamed Rizv Mr Mohamed Akbar Mr Mohamed Arllanullah Mr Mohamed Imran Mr Mohamed Ikram Mr Amanullah Karnahyln Mr Razak Munaf Dr Muzakir Majead Mr Mohameil Irfan Mr Abdul Aleem Mr Zafry Mohammed Mr Mohamed Shakir Abdul W Mr M l Ahmed Ithkhan Mr M l Mohamed Imran Mr A M Moharned Masahir Mr M H Hidayathulla Mr M l Mohamed Iqbal Mr Jesmin Jaleel Mr Safeer Sally Mr Careem Munaf None of the Trustees has any benefi(#al interest in Ihe CIO.
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2022 The trustees areresponslble forthe general control management ol thed)arfty. Risk managernent The trustees have assessed the risks the charity facesand have drawn upa risk mattix which identifies the rnajor risks by arga of actvty. the nattjre of those risks. thg likelihood of the risks happening. and the measures taken to manage them. The trustees vieW Ihis risk rnatrix regularty at their meetings. The trus¢ees are satisfiedthal systems are in fv. The Trustees report was approved by the Board of Trustees on 14th October 2022 O¢¢u8W4W.' Trustee Mohamed Akb8r-President Trustee Mohamed Rizvi-Tre8surer
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GALHINNA WELFARE ASSOCIATION I report to the Trustees on my examlnalion of the ffinandal slalements ot Galhlnna Wea Assodatlon (the CIO) for the year ended 31 March 2022. Responslbllltles and basls of r•port As the Trustees of the CIO you are spOnsible lor Ihe preparaknon of the financial statemernts in aeeordance with the requirements of the Chanties Ad 2011 (the 2011 Acti. I r8POrt in r88P8Ct of my 8xaminalK)n of Ih? CIO'S fin8nrAal st8tem8nts carnied out under 88cts.on 145 of the 2011 Act. In carrying out my exarnination I have followed all the applicabl8 Directions given by the Charity CommissSon under section 14515llbl ol the 2011 Act. Your attention Is drawn ¢0 th& fact that the charity has prepa financial statements in accordance with Accounting and Reporting by Charits'es preparin9 their accounts in accordance with the Financial Reporting Standard applic8bl8 in the UK and Republic of Ireland (FR$ 1021 in pr8f8rence to th8 Accounting and R8POrting by Charities.. Stalernenl of Recommended Practice issued on 1 April 2005 which is r8f8rr8d to in th8 extant r8gulations but has now bw) thdraWn. und8rst8nd that this has been done in order for financial slalemenls to provide a true and fair view in 8¢wrdan¢e with G?nerally Aepted Accountin9 Pradice effedive for reporting periods beginnin9 on or after 1 January 2015. I hav• compl•t•d my axaminabon. I confimi thal no mattors hav• como to my attontion in connaction with the examination gwing me cause lo b81ieve that in any material respect.. aceounling reeords We not keptin respe ol lh& CIO as rwuif6dby section 130 ofthe 2011 Act.. or the financial slalemenls do not accord with Ihose cor£I$. or th8 financial stalem8nts do not coMY wilh th8 applicable requirernents conceming the forn and content ol aecounis sot out in th6 Charilies IAccounis and Repo1 Regulations 2008 olhar than any requirement thai ltte accounts gwe a true and lair view which is a matter considered as part ol an independent examinats'on. I have no concems and have como across no other matters in conntiction with the &xaminatK)n to attention should be drawn in this port in order to enable a proper understanding of the finanrial statements lo be reached. Arnco Accountancy Servic95 Lirniled No 134 Christchurch Avenue Harrow HA3 8NN Dated.. 14th October 2022
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 March 2022 Unr•stFicted Restricted funds fund5 2022 2022 Total Total 2022 2021 Income and endowmonts from- Regular Donation Surplu8 income from Events Othar recelpts 3.409 9.449 23,364 3,561 7.366 12,624 9,449 1,395 21,969 Total Incom• 14.253 21,969 36,222 23,551 endSture on= 1,547 17,624 19,171 22,807 Other Expenses ?48 ?48 727 Total ExpondltUf• 1,795 17,624 19,419 23.534 N•t In¢om• lor th• y•arl N•t mov•m•nt In funds 12.458 4.345 16.803 17 Fund balances at 1 April 2021 17 16,7UX)I 16,7731 16,7731 Fund balan¢•8 at 31 March 2022 14.620 2,183 16.803 16,803 The statement offinancial activities includes all gains andlosses recognized in the year. All income 8nd expendilurg derive from continuing activities.
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION BALANCE SHEET AS A T31 MARCH 2022 2022 2021 Noto5 Flxed a55et$ Curr•nt as$•ts 6,789 3,242 1,399 Cash at bank and in hand Deblors 10.031 1,399 Cr8dltor8- arnounts falllng du& wlthln one y•ar 8,172 Nat currant ass•ts Total alts l•s¥ ¢urrnni Ilabllbll•• 10.031 16.7731 N•t Incom• funds Restricted fundsl Unrestricte<l funds 10,031 16,7731 Th8 financi81 stat8ments wer8 8pprov8d by the Trusle8s on 14th Oclob8r 2022. Trustee Mohamed Akbar-President Trustee Mohamed Rizv1-TasUr
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accountingpolicies Charlty Informatlon Galhinna welfa A680Ciation is inwporated as tharitsble incorporated organisatson ICIOI. 1.1 A¢¢ounUng conventlon Th8 financial statements have been pr8pared in accordanc8 with th8 CIO'S constituts'on, th8 Charities Act 2011 and 'Accounling and Reporting by Charili85'. Statement ol Recommended Pr8Ctic8 applicable lo charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ol Iland IFRS 1021" las amendeil lor accounbng peric¥Js commonung from 1 January 20161. The CIO is a Public Benefit Entsly as defineij by FRS 102. The financial statements have departed Irom the Charities IA¢counts and Reports) Regulations 2008 only to the extent required lo provide a true and fair view. This departure has involv8d following th8 Statemenl ol Recommended Practice for chanlies applyirwJ FRS 102 ralher than the version of Ihe Stalement ol R8cornmnded Practice which is referred to in the R8gulaiitins but which has since been withdrawn. The financial statements are prepared in sterting. whK is the fvnclional currency of the CIO. Monetary amounts In these flnanrial statements are rounLled lo Ihe neares1£. 1.2 Golng coneèrn At the lime of approvin9 the financi81 statements, the Trustees have a reasonable expectation that the CIO has adequate resources to continue in operational 8XlStence for the loreseeable future. Thus the Trustees eontinuè to adopt thè going conc•rn basis ofaccounting in prèparing Ihèfinancial staièmants. 1.3 Charltable funds Unreslricled funds ar8 availablè for usè at the disttstitin of Ihè Trustees in furtherance of th8ir chari18blè objectives unless thb funds have beèn desonated for other purposes. Restricted lunds are Subje lo spetsf conditions by donors as to how they may be used. The purptsses and uses of the $tricted lunds are set (MJI in the notes to Ihe finanaal statements. 1.4 Incomlng resources Incorne 15 recognised when the CIO is legally eniiued to it afterany perforrnance conditions have been met, th8 8mounts can be me8sur8d reliably, and rt Is probatAe that incorne will b8 received. Cash donation5 are recognised on receipt. Other donations are recognised once the CIO has b8en notified of the dati. unles5 perfo3Ce conditions Tequire deferral of the aTnount. Income tax recoverable in lation to donations received underGiftAid ordeed$ of covenant is recognised at the ¢ime of the donation.
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Aeeountlng polielès {Contlnuedl Tumover 15 measured at the fair value of Ihe consideration received or re1¥able and represents amounts r8ceivab18 for goods and 5ervic85 provided in the normal course of busin85S. 1.5 Cash and cashequlval•nt8 Cash and cash equivalents Includ8 eash in hand. d8posits h81d at Gqll with banks, other short-t8m liquid investments with original maturitse5 olthr8e months orless. and bankov8r(Irafts. 8ankoverdr8fts are shown within borrowings in current liabilities. 1.6 Flnanclal Instrum•nts The CIO has elected lo apply the provisions of Section 11 'Basic Finandal Instruments. and Sectlon 12 'Other Financial Instruments Issues. of FRS 102 to all of its finan81 Instruments. Financial instruments are recogni5ed in the CIO'S balance she8t when the CIO b8C0rn8s party to th8 contractual provisions of the instrumen¢. Flnandal assets and liabllities are offset. wtth lh6 n8t amounts presented in the financial statements. when there is a legally enforceable right lo sel off the recognised amounts and there is an intention to setu8 on a nel basis orlo realise the asset and settle the li8bilily simultsneously.
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION NOTES TOTHE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Accounting policies (Continued) 8asic financial assets Basic financial assel$, which indude debtors and cash and bank balances. are initially rn8asur8d at transaction price induding transac¢ion costs and are subsequendy carried at arnortised cost using th8 effective interest tnelhod unless the arrangement COn5tilules a financing Ifan5aclion. where the transaction s measured at the present value of Ihe luture CeIptS discounled at a market rate of interest. Financial as88t$ dassified as r8C8ivable within one year are nolaftNyl]sal. Ba$1¢ flnan¢ll Ilablllll•s Basic financial liabilities. including creditors and bank 108ns are initially recognised at tr8ns8Ction pric8 unless th8 8rrang8ment constslutes a financing transaction. where the debt instrum8nl Is rn8asured al th8 present value of the lulure payments discounted at a markel rale of interest. Financial liabilities classified s payable within one year are not amortised. D¢bl instrumènts aro subseouantly earnad al amortis•d cost. using Ihè &fftictivo interest rat6 rnathod. Trade creditors are obligats'ons to pay for 9oods or services that have been acquired in the or(Jinary courso ol oporats'ons from suppli6rs. Amounts payablo ar dassifiad as curTent liabilib.os if payment is du& wilhin on8 year or les5. If not. they are presented as non-current liabilities. Trad8 credilors are recognis8d initially attransaction pnceand subsequently measuffjd at ¥Mo"Sed cost using Ihe offeclive Intorost rnothod. Derecognltlon of Ilnanclal Il•bllllles Financial liabililios arè dreniSed vth•n Ihè CIO'S o)ntractual obligations •xpiro or ar• dischargad or cancelled.
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION NOTESTOTHE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Donatlons Unrestrlcted funds Re5trictod Total funds Total 2022 2022 2022 2021 Regular Standlng Order 3,409 3,409 3,564 Other 21.969 23,364 12.624 Oth¢r Incorne Unrestrlct Total lunds 2022 2021 Surplus income from Events 9.449 7,366
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION NOTESTOTHE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCM 2022 4 Ch8ritabl8 activities Chari¢able Charitable ExndItur8 Expèndltur• 2022 2021 Covid 19 Support Welfare and Help for needy Establishing Science labNocational Training Institute 6,407 13,049 3,351 11,211 7.959
Docusign EnvÈlope ID." A28806C44EW062-863fAC1D97D8E420 GALHINNA WELFARE ASSOCIATION NOTESTOTHE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Trustees None ol the trustees rec8lved any reMuneraln during the year. Employo•s No employees during the year