| Notes | 2019 | 2018 | ||||||
|---|---|---|---|---|---|---|---|---|
| Fixed Assets | 6 | f | S | S | ||||
| Tangible | assets | 103,393 | 90,299 | |||||
| Current | Assets | |||||||
| Debtors | 8,799 | 4,117 | ||||||
| Cash at | bank | 15,729 | 16,507 | |||||
| Cash in |
hand | 6,966 | 470 | |||||
| 31,494 | 21,094 | |||||||
| Current Assets | ||||||||
| Creditors | 22,010 | 18,456 | ||||||
| Loans | (3) | 134,650 | 135,850 | |||||
| 156,660 | 154,306 | |||||||
| NET CURRENT | LIABILITIES | (125,166) | (133,212) | |||||
| E(21,773) | -842,913 | |||||||
| Financed | by: | |||||||
| ACCUMULATED | FUND | (2) | E(21,773) | -642,913 | ||||
| The financial statements | on pages 4to6were | ap | d by | the trustees on | ||||
| 27~ January 2021 | ||||||||
| M. Nurul | Hoque | Signed | ||||||
| Habib Ullah | Signed |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Incoming resources | |||||
| Unrestricted Funds: |
|||||
| Donations received | 71,895 | 62,075 | |||
| Tuition fees received | 236,511 | 211,114 | |||
| Rent received | 6595 | ||||
| 315,001 | 273,189 | ||||
| Resources Expended | |||||
| Rent | 31000 | 31000 | |||
| Rates and water | 6066 | 5517 | |||
| Insurance | 1263 | 1481 | |||
| Light and heat | 5961 | 4924 | |||
| Wages and staff training | 212461 | 188763 | |||
| Staff pension | 1428 | 471 | |||
| Travelling expenses |
505 | 4238 | |||
| Repairs and maintenance | 1343 | 364 | |||
| Telephone | 2948 | 3716 | |||
| Stationery and advertising |
1833 | 272 | |||
| Computer software and |
updates | 0 | 0 | ||
| Advertising | 600 | 667 | |||
| Cleaning expenses |
1271 | 3781 | |||
| Educational expenses |
18215 | 51501 | |||
| Legal and professional | charges | 3,046 | 3,077 | ||
| Sundry expenses | 447 | 11 | |||
| Bank charges | 1,173 | 112 | |||
| Depreciation | 4,301 | 1,028 | |||
| 293,861 | 300,923 | ||||
| ExcessofExpenditureoverincome | 21,140 | E(27,734) |
| 1.Tangible Fixed A |
sset | s | |||||
|---|---|---|---|---|---|---|---|
| Total | Improvement | Fixtures | & | ||||
| equipment | |||||||
| f | f | ||||||
| Balance brought | forward | 90,299 | 86,188 | 4,111 | |||
| Additions | 17,395 | 17,395 | |||||
| 107,694 | 86,188 | 21,506 | |||||
| Depreciation for |
the | year | 4,301 | 0 | 4,301 | ||
| Net book value at 31.03.2020 | 103,393 | 86,188 | 17,205 | ||||
| 2.Accumulated Fund |
31.03.2020 | 31.03.2019 | |||||
| Balance brought | forward | (42,913) | (15,179) | ||||
| Excess of Expenditure | over Income | 21,140 | (27,734) | ||||
| (21,773) | (42,913) | ||||||
| 3.Loan payable | 31.03.2020 | 31.03.2019 | |||||
| Balance brought | forward | 135,850 | 113,400 | ||||
| Loan received during the year |
40,050 | 54,600 | |||||
| 175,900 | 168,000 | ||||||
| Loan repaid during |
the | year | 41,250 | 32,150 | |||
| Balance at 31.03.2020 | 134,650 | 135,850 |