2023-04-05-accounts

CONTENTS		PAGE
GENERAL INFORMATION
TRUSTEES ANNUAL REPORT		2,3
INDEPENDENT EXAMINATION	REPORT
INCOME &EXPENDITURE ACCOUNT
BALANCE SHEET
NOTES FORMING PARTS OF	FINANCIAL STATEMENTS	7,8,9

					Note	Unrestricted	Restricted	Total	Total
						funds	Funds	Funds	Funds
								2023	2022
						F			E
INCOME AND ENDOWMENTS			FROM
Donation, Friday collections		& similar		Income		56,631	42,307	98,937	50,021
Government Grant
HMRC Gift Aid						28,766		28,766	4,480
Khums						5,890		5,890	3,363
Total Incoming Resources						91,287	42,307	133,593	57,864
EXPENDITURE ON
Cost of generating funds
Charitable activities						24,405	36,161	60,566	28,931
Governance costs						43,285		43,285	26,574
TOTAL						67,691	36,161	103,851	55,505
NET ( EXPENDITURE)						23,596	6,146	29,742	2,359
Investment (deficits)/surpluses
Net Movement in funds before			Transfers
Gross Transfers between	funds
Net ( Expenditure for the	year		)					29,742	2,359
Total funds brought forward								310,272	307,913
Total funds carried forward								340,014	310,272

			Notes	2023	2023	2022
Fixed Assets
Freehold Property			2A	316,100		316,100
Fixture 8 Furniture			2A	3,844		4,089
Computer &Television			2A	5,024		2,002
				324,967		322,191
Current Assets
Debtors						757
Cash at Banks and	in hand			30,627		45,214
Total Assets				30,627		45,971
Creditors: Amounts	Falling	due		1,580		902
within one year
					354,014	367,260
Total Assets less	current	liabilities			354,014	367,260
Long Term Liabilities					14,000	56,988
Net Assets: Total	Assets	less Total	Liabilities		340,014	310,272
FUNDS
Accumulated Surplus Account					340,014	310,272
TOTAL FUNDS					340,014	310,272

	Net incoming resources	Net incoming resources
	Net incoming resources				E
	are stated after charging:				Un-restricted		Restricted
					2023		2023		2022
1	Charitable activities
	Food provided at Al-Zahra		foundation			3,575		4,671	12,829
	Ramdan and lvluharram	Programme,		SWD				17,017	4,181
	Flood Appeal							12.843
	Travel
	Others					230		1,630
	Funeral Services				20,600				6,050
									5,871
					24,405			36,161	28,931
2	Governance cost				2023		2022
	Mortgage interest					4,690		3,120
	Heat & Light, Telephone					6,443		3,345
	Repair & Maintenance					7,491		1,303
	Water, Rates &waste collection					1,430		821
	Bank Charges					70
	BBLinterest					405		237
	insurance					1,632		1,438
	Miscellaneous					1,714		827
	Paye							510
	Wages & Subcontracts				14,400			13,500
	Computer Expenses					144		403
	Travel					1,589
	Depreciation					962		520
	Professional & Accountancy					2,315		550
					43,285			26,574
A	FIXEDASSETS
			Fixture 8		Free Hold		Computers	&TV	TOTAL
			Furniture		Property
	COST
	06/04/2022			14,395	316,100			2,994	333,489
	Additions / Disposal							3,738	3,738
	05/04/2023			14,395	3;6.100			6,732	337,227
	Depreciation
	Accumulated			10,306				992	11,298
	Charge for the Year			245				716		962
	as at 05/04/2023			10,551				1,708	12,260
	Net Book Value
	05/04/2023			3,844	316,100			5,024	324,967
	06/04/2022			4,089	316,100			2,002	322,191

	FOR THE YEAR	ENDED 6TH APRI	L 2023
Notes		2023	2022
3	Accumulated Surplus Account
	Opening Balance 06/04/2022	310,272	307,913
	DeficiVSurplus 05/04/2023	29,742	2.359
	Balance	340,014	310,272
4	Long term Liabilities
	Opening Balance (Zohra Shabiri)	39,360	45,500
	Paid back	(39,360)	(6,140)
	Closing Balance (Zohra Shabiri)		39,360
	Add: BBLLOAN	14,000	17,628
	Total Long Term Liabilities	14,000	56,968
5	Closing Balance
	current a/c	21,191	2,441
	Saving Account	3,801	32,604
	Urdu Committee	641	5,566
	Arabic Community	645
	Star Academy	2,407	2,231
	Persian Community	89
	Ladies Committee	1,113	1,526
	Cash	740	846
		30,627	45,214
6	Short term liabilites
	Accountancy	1,100	550
	Other Creditors/ Utilities	480	352
	Total s/t liabilites	1,580	902