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2020-12-31-accounts

Reference and administrative Reference and administrative information
Trustees and Directors Mansoor Esmail
Nadia Bhimj i
Sikin Velji
Company Secretary Almas Mithani
Registered office Quadrant
House —Floor 6
4 Thomas More Square
London
Elw 1YW
Company number 06267939
Charity number 1119999
Auditors UHY Hacker Young
Quadrant
House
4 Thomas More Square
London
Elw 1YW
Bankers Lloyds TSBBank Plc
Pall Mall
StJames*s Branch
8-10Waterloo Place
London
SW1Y4BE
Legal advisors Stone King LLP
13Queen Square
Bath
BA1 2HJ

Page
Report ofthe Trustees 3-7
Independent auditors' report 8-11
Statement of financial activities 12
Balance sheet 13
Cash flow statement 14
Notes to the financial statements 15-20

UHY Hacker Young LLP
Quadrant
House
4 Thomas More Square
London E1W 1YW

2020 2020 2019
Unrestricted Total Total
funds Funds funds
Incoming Resources Notes
Incoming resources from generated
funds:
Voluntary
income
—donations 178,672 178,672 153,985
Activity generated income —sale of
cultural &memorabilia items 2,152
178,672 178,672 156,137
Incoming resources from charitable
activities:
Income from various programme
activities
in furtherance
ofthe objects
ofthe charity 3,052 3,052 208,887
Other income 69
Total incoming
resources
181,724 181,724 365,093
Resources Expended
Costs ofgenerating funds:
Costs ofcultural
and memorabilia
items (35)
Charitable
activities:
Costs ofvarious programme activities
in furtherance
ofthe objects
ofthe
charity (61,274) (61,274) (495,982)
Governance
costs
(13,740) (13,740) (15,157)
(75,014) (75,014) (511,139)
Total resources expended (75,014) (75,014) (511,174)
Net surplus/(deficit) for the year 106,710 106,710 (146,081)
Total Funds brought forward 483,722 483,722 629,803
Total Funds carried forward 590,432 590,432 483,722

Notes
2020 2019
Cash flows from operating activities
Net cash from/(used in) operating 14 95,622 (151,644)
activities
Change in cash and cash equivalents 95,622 (151,644)
in the year
Cash and cash equivalents at the
beginning ofthe year 504,134 655,778
Cash and cash equivalents at the end
ofthe year 599,756 504,134

Voluntary income
Unrestricted Unrestricted
funds funds
2020 2019
Donations and Gift Aid 178,672 153,985
Income from sale ofcultural and memorabilia items:
2020 2019
Sales ofmemorabilia 2,152

31December 2020 31December 2020 31December 2020 Faith Community Raising Total Total
and development awareness 2020 2019
tradition
Note
Direct costs S.a (58,695) (2,579) (61,274) (495,982)
Governance costs S.b (13,053) (687) (13,740) (15,157)
Total costs allocated (71,748) (3,266) (75,014) (511,139)
31December 2019 Faith Community Raising Total Total
and development awareness 2019 2018
tradition
Note
Direct costs S.a (68,008) (399,717) (28,257) (495,982) (4,756,065)
Governance costs 8.b (2,078) (12,215) (864) (15,157) (18,218)
Total costs allocated (70,086) (411,932) (29,121) (511,139) (4,774,283)

S.a Analysis ofdirect costs Note 2020 2019
Grants awarded 54,520 135,677
Venue costs 247,240
Printing,
postage, stationery
and literature 15,630
Programme
support costs
6,754 97,435
Total direct costs 61,274 495,9S2
S.b Analysis ofgovernance costs 2020 2019
Administration,
professional
and legal costs 8,240 9,157
Auditors'
remuneration
5,500 6,000
Total governance
costs
13,740 15,157

2020 2019
Regular grants awarded
to
institutions 54,520 135,677
Total awarded to institutions 54,520 135,677
Net incoming resources
The net incoming
resources are stated after charging the following costs:
2020 2019
Auditors'
remuneration
5,500 6,000

11. Debtors
2020 2019
Gift Aid recoverable 5,606 5,514
Other debtors 378 378
Prepayments 1,800
VAT refundable 435 826
6,419 8,518
12. Creditors
2020 2019
Trade creditors 725
Grants payable 2,246 14,460
Accruals 13,497 13,745
15,743 28,930

2020 2019
K
Net surplus/(deficit) for year 106,710 (146„081)
Decrease in debtors 2,099 38,044
Decrease in creditors (13,187) (43,607)
Net cash from/(used in) operating activities 95,622 (151,644)

Reconcil iation ofunrestricted
funds
2020 2019
Balance as at 1 January 483,722 629,803
Net movement in resources for the year 106,710 (146,081}
Balance as at 31December 590,432 483,722
Represented by: 2020 2019
Current assets 606,175 512,652
Current liabilities (15,743) (28,930)
590,432 483,722