ANNUAL REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 FOR GOREEB & YATEEM TRUST FUND CHARITY REG: 1122271 TJt]RE ANNUAL REPORT WHEEL IKREE:1122 2020 Tel.. 0207 247 8245 259 (2nd Flood) Whitechapl Road London. El IDB Email: info@goreebfund.com Web: www.goreebfund.com ABOUT US AsSalatnual&ikum Warahmthiiahl wabèraka￿h Dèar brothèr8 and *1Ètèi*, My Trame 15 s￿ikh Saleh Ahft*d Hamidi, In ?￿7. rny vdrfe I werfr in White¢hgpd. London Whllst ÈhDPPiW a Por8￿ gppioach8d ffl and statèd Ihat Ihèy m2 ¥Bry well and ihai ihey watch my PTQg14tnme$ OD TV regularfy. They *1￿ hAndbd tsv8r *otnè IllJn@y 8nd r4quDStsd th•1 I donal6 thls ijn thgli b•hall In Banglatssh. I was ￿d￿Ing as lowh&l16hould doand d￿ld•d not to put ￿￿Th•Y In g p•i¥on$l •¢¢ouni tynd IMpul￿v01Y da￿ded to èTrièr Ihè HS8C brknch on Whilechapèl Road ILoThlonl And opèn An account Ih Ihv nFm'Goivvb wnd Y8lTrym Trus1 Fund, To my BuFprW And a& dayg paggèd Iha Amount kèpt on Incfeasiw al which polnl I decid&d to rogl8l•r Ihe chqrltywith t￿ Chorlly Commi5sloD Thus. In 2008 Ihw cholily w•6 swKg&sfully rngl&tered 05 tsoreeb and Yaleern Twsl Pund. We ore now one ol only a hgndlul ol charities who pnmgilly In BHnglHd9¥h This h4$ kwv9n GYTF a promknènt p￿¢0 In Iht UK to ÈAAiStth6 ￿&fortUnatE In Bangl&dèoh. Qur prolacts no%¥ eovor rthig10184ngl8dosh 89 wo havo grown In aThd gtienglh. We yralg 8 ol wosec18 in Banglesh 811 of Iwnd on our website GYTF h85 9rD￿n In strenpth Ih8nks io ihp olourdDnonry thè hard￿1￿ ol tspAn both Int￿ UK BAn￿adeSh. Wfr8thlDcont￿￿&wkth our aiBcis hop8 that ￿ walk log8th@r kn gain r8ward in this worfd and I￿re*r. Please prayfDfTne 8ndmyfAmily. thebD8tdoftwsiees and my ￿l￿RgUeS ￿ Ihalwa can ¢￿tinu8 io dèdicate affort6 tootté cauÈes. agk Y￿ IorYtsur(X)ntin￿d *wrrt. IGYTFI s￿1th Hamkl FowderTw5tee KINNUAL REPORT2020 PAGE 02 Goreeb and Yateem Project Expenditure 2020 and So far £14S.034 £134.123 £124.247 2107,437 £41.7 E50.fjM 30.232 £17,733 El,gJ3 Ma4￿j Tubewdl Famlty Ramlldan & E￿￿Ower￿?nI Fwd Paek hee*hllir EducaiK wirter ANNUAL REPORT 2020 PAP?1 03 97 Houses built 446 Houses bullt 200 tt Uihmin Illy Houses plan to build 1Mn Ihw I 44 T￿1¥1 HOUSING A decent house truly changes the feeble state of many poor and needy families to a better and comfortable situation. Housing is one of ourflagship project and so far we have managed to provide housing to around 45ofamilies Alhamdulillah. Most of our houses are standard two bedroom with a varenda which cost £1500. ANNUAL REF4)PT2020 PAGE 04 ibt WPORE AFTER BEFORE AFTER BEFORE AFTER We used to Iwe In a very pool coTrdition, oui house was broken with no pioper roof on top, in rainy season ourwhole hDu5e used to g Y¢¢t ¢0htiDV¢￿$1y. We W¢vld lik• tothank Gor¢4b &Yat¢em f¢1 pr¢Vi&in9 Ovr hou5q ￿ bvrni compl¢t*ly froma fiTq vthKh app••rqd M￿f￿1￿Ye1￿cI1lc tèb￿.wÈ%¥QrÈho￿é￿sSFOroV* ayearstayirtgindiffÈrÈnt P￿lehoUSe$.A1hI￿dUIll1lhQrndoI 2O2oGYFf£onstruCted4bÈaut￿uIhoUsè￿* e•ndrnyfomitywrthakitdFEnandtoiletliriliti¢s.-AbdvlWidvd ANNUAL REPJRT 2020 PAP,105 18 Mas bu ids 27 Mas Ids It 20 Masjids plan to build SIID PROIECT 2D2G, In Piith¥ MASJID Masjid is the hub of the community but in poorer community it is very difficult forthem to put funds togetherto build a masjid sothis iswherewe come into supportthem.Alhamdulillah, sofarwe have built 27 masjids and we want to build more with your help and support. Price of each Masjid is £10,000 which will include ful l Masjid construction, a wudu area and toilet facilities. ANNUAL REPf)kl 2020 PAI￿ 06 111, ORE ui j* IMArrARQ41V ANJAIAJ JAktÈAll*JrD AAIAOONJ W*hadav*ry5mYI MISI￿￿￿OUr￿¢aIC¢th￿￿Ityfv￿￿fftn•lOprdY the candthn vM5 ￿tt00 great ￿h￿[￿Ul111al now mrethan IOD peopl canpray Ints￿ Masjid atonce.Weareth￿thltQth￿ d(m￿[￿rth&1rgDlg￿DU5 donaiwtoc¢n*nJct)bréndne4vmJsihJwrthwth*J￿rQlIeIflCIIItlts Ow M45jid was obèndoned due to la¢k of FundsJs our ayea is really poortDget anyworkdone A1hatDdulil￿h, Yve would liketothank th• donoF Ythts hés don**d this boèutiful Masiid whlch èllow+d US to play s time5aday3ndhwernomin915kmKckne5f disaNe kids at home nd inthe monthof RèmadJn it becomes diffi¢ultto pvtiftJri on Ihe pl6le Thanksfjoreeb andYate@m for IDokiry after me forthe last 5 yèèrs. I￿tr￿lIAL REPORT2020 PA(,.1 13 £38k spent on Healthcare projects £280k spent on Healthcare projects £50k plan to spend on Healthcare projects HEALTH AND MEDICAL Free Healthcare facility and provision is very limited in Bangladesh and many poor people can not afford basic rnedical provision. Alhamdulillah, we have been providing Blind Support, Catara around io Individial Medical Support and Disability support to poor and needy families in different parts of Bangladesh. In 2020 we have spent around £4ok on medical project and so-far we have spent around £280k. Cost of each cataract surgery is £50. ANNUAL REFiIfiT 2020 PAGI 14 GDREEB B YATEEM TRUST F PQNAPTAPII INHIGKSthWLhlOUIIIBI I'll I,,11 P'- ATEEM TRUST FUND INDIVIDUAL MEDICAL FEEDBACK 66 5hv kn￿￿ A t￿￿￿r ITh h•r thr￿ bEW aHr(ilng Idp ARrr brl a yrnhlpm h1% Pl￿rI Ahrnod Dblr ID Pll%% D mt55ao?b￿￿￿r￿1ld￿orIle￿￿l￿￿5￿PpDrI1￿lilheY tho* *ho iome lo th￿r Ihost who hewihEVL¢XJ5aTrdJOf￿her￿Ple1n￿L%1Ejh eYewnE fu krrp him 99 ANNUAL REPOPT 2020 PAC,1 15 iXIEfr1117Tn EDIf6.￿S￿ (• C, .Lrfinknll l ••WJ WHEELCHAIR { 273 6,300 300 Wheelchalr• distributed Wheelchalrs di$tributed Wheelchalrs to distribute 2020 SO FAR 2021 PLAN Wheelchair is a great way to get mobile for disabled people. In 2020 we funded over 300 wheelchairs for disabled people and so far we have distributed around 61300 wheelchair. Cost of each Wheelchair is £70. ANNUAL REWIR T 2020 PAGI 16 LIOJ EDUCATION £145k £480k £150k spent on Educatlon prolect• Spent on EdU￿tIon project8 plan to •pend on Edueatlon prolects 2020 SO FAR 2021 PLAN Nl?Ai A good edcuation with a good upbringing is very important for people in developing countrytotruly come out of poverty and reliase their full potential. Alhamdulillah, Goreeb and Yateem has been supporting many education projects in UK and Bangladesh since the beginning. In 2020 we have spent closeto £15okto help and support various education projects including our support for Blind and Orphan students. £300 will provide one year support. KINNUAL REPO?T 2020 PA,Jl 17 I PROJE SUMMGAYI I ¥, IM IIREEB 5 YATEEM IRLSI FUNU BANI PROJEcf.20 ¥ANI PROIIC QURBANI & AKIKAH .1921 iALwIRHAI,yMUV 5,000 1,500 unlt• of Qurbanl dlstrlbuted units of unit8 ol >1 > > Qurbanl dl•trlbuted Qurbanl lo dlstrlbute 2020 SO FAR 2021 PLAN CT. Poor people look forward to Qurbani so they can receive and eat some meat. Goreeb andyateem has been carrying out Qurbani project for a long time and in 2020 we carried out around 1,000 units of Qurbani and Akikah. Look out for our Qurban i project detail and price closer to the time. dNrnr dthlofknimirn In thodw DF hish￿￿5. th* 4NL14L REPO4T2020 PA, J[ 18 1,100 J 14,000 1,500 WINTER Wlnter Blankets dl$tTlbuted Wlnter Blankets dljtrlbuted Wlnter Blankets to dljtrlbute 2020 SO FAR 2021 PLAN Winteris a tough time for poor people astheir living condition are notvery good foradequate heating. In 2020 over 1,000 blanket was distributed by Goreeb and Yateem to poor and needy families to keep them safe from cold. We have distributed around 14,000 winter blankets so far. Cost of each winter blanket IS £10. ANNUAL REWIR T 2020 PAGE 19 ``` GOREEB AND YATEEM TRUST FUND ``` ## **`Contents of the Financial Statements for the Year Ended 31 December 2020`** ||**Page**|**Page**| |---|---|---| |**Report of the Trustees**|**1**|**to19**| |**Independent Examiner's Report**||**23**| |**Statement of Financial Activities**||**24**| |**Balance Sheet**||**25**| |**Cash Flow Statement**||**26**| |**Notes to the Cash Flow Statement**||**27**| |**Notes to the Financial Statements**|**28**|**to35**| |**Detailed Statement of Financial Activities**||**36**| ``` GOREEB AND YATEEM TRUST FUND ``` ``` Reportof the Trustees for the Year Ended31 December 2020 ``` **The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).** ## **OBJECTIVES AND ACTIVITIES Objectives and activities** **Activities include providing financial support towards the educational needs of children from deprived families; helping to deliver education by providing access to educational materials and development programmes for study as well as building shelter for the homeless. Other projects include wheelchair distribution, winter clothing distribution, sewing machine distribution among poor women, orphan sponsorship, Qurbani projects and financial support for widowed women. The charity continues to provide humanitarian assistance to those who need it most with the aim to empower society, and invest in the educational needs of the future generation of Bangladesh.** ## **Public benefit** **The Trustees confirm that they abide by the Charity Commissions guidance on public benefit in complying with Section 17 of the Charities Act 2011 to have due regard to public benefit in meeting its objectives and activities.** **ACHIEVEMENT AND PERFORMANCE Please see Appendix 1.** **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Goreeb and Yateem Trust Fund is formed under a Declaration of Trust dated 11 January 2008.** ## **Organisational structure & Governance** **Goreeb & Yateem Trust Fund is a UK based registered charity organisation established in 2007 with the aim of helping to eradicate poverty for children and poor people throughout Bangladesh. The organisation currently has 10 Trustee board members. The Trustees are elected and operate in accordance with the Trust Deed and Governing constitution of the charity.** **The trustees are responsible for preparing the annual report and financial statements in accordance with applicable law and regulations. The trustees are required to maintain adequate accounting records that disclose with reasonable accuracy the charity's financial transactions.** **Goreeb & Yateem Trust Fund works with delivery partner organisations towards achieving common goals. These include educational institutions as well as other non governmental organisations.** **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1122271** **Principal address First Floor 251 Whitechapel Road london E1 1DB** **Trustees Sheikh Saleh Ahmed Hamidi Secretary Kalam M A T Choudhury Moulana Abdul Jolil (resigned 23.2.21) Shamsul Haque Chairman Asaduz Zaman Muhammad Badrul Haque** ``` Page 21 ``` ``` GOREEB AND YATEEM TRUST FUND ``` ``` Reportof the Trustees for the Year Ended31 December 2020 ``` **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner ACN Accountants Chartered Certified Accountants 41 Orsett Road Grays Essex RM17 5DS** ## **Approved by order of the board of trustees on 26 October 2021 and signed on its behalf by:** SH **................................................................. Shamsul Haque - Trustee** ``` Page 22 ``` ``` Independent Examiner's Reporttothe Trustees of GOREEB AND YATEEM TRUST FUND ``` **Independent examiner's report to the trustees of GOREEB AND YATEEM TRUST FUND I report to the charity trustees on my examination of the accounts of GOREEB AND YATEEM TRUST FUND (the Trust) for the year ended 31 December 2020.** ## **Responsibilities and basis of report** **As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').** **I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.** ## **Independent examiner's statement** **Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACCA which is one of the listed bodies.** **I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:** **1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or** **3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.** **I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.** **Anwar F Chowdhury FCCA ACCA ACN Accountants Chartered Certified Accountants 41 Orsett Road Grays Essex RM17 5DS** ## **Date: 26 October 2021** ``` Page 23 ``` ``` GOREEB AND YATEEM TRUST FUND ``` ## **`Statement of Financial Activities for the Year Ended 31 December 2020`** |**`Unrestricted`**
**`funds`**
**INCOME AND ENDOWMENTS FROM**
**Notes**
**£**
**Donations**
**2**
**117,307**
**EXPENDITURE ON**
**Raising funds**
**3**
**13,526**
**Charitable activities**
**4**
**Ramadan & Foodpack Projects**
**-**
**Winter Blanket Project**
**-**
**Qurbani & Aqiqah Projects**
**-**
**Tubewell Project**
**-**
**General**
**6,854**
**Healthcare & Emergency Projects**
**-**
**Housing Project**
**-**
**Wheel Chair Project**
**-**
**Mosjid Project**
**-**
**Education Project**
**-**
**Family Empowerment Project**
**-**
**Other**
**3,231**
**Total**
**23,611**
**NET INCOME/(EXPENDITURE)**
**93,696**
**Transfers between funds**
**13**
**(63,951)**
**Net movement in funds**
**29,745**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**(2,288)**
**TOTAL FUNDS CARRIED FORWARD**
**27,457**|**`Restricted`**
**`funds`**
**£**
**846,602**
**97,618**
**54,449**
**9,408**
**57,878**
**117,206**
**-**
**47,011**
**137,628**
**19,838**
**146,937**
**153,308**
**15,985**
**-**
**857,266**
**(10,664)**
**63,951**
**53,287**
**94,962**
**148,249**|**31.12.20**

**`Total`**
**`funds`**
**£**
**963,909**
**111,144**
**54,449**
**9,408**
**57,878**
**117,206**
**6,854**
**47,011**
**137,628**
**19,838**
**146,937**
**153,308**
**15,985**
**3,231**
**880,877**
**83,032**
**-**
**83,032**
**92,674**
**175,706**|**31.12.19**
**`Total`**
**`funds`**
**£**
**546,857**
**104,475**
**23,855**
**9,111**
**23,609**
**52,827**
**-**
**54,747**
**51,834**
**15,187**
**54,441**
**82,155**
**22,337**
**51,910**| |---|---|---|---| ||||**546,488**| ||||**369**
**-**| ||||**369**
**92,305**| ||||**92,674**| ``` The notes form part of these financial statements ``` ``` Page 24 ``` ``` GOREEB AND YATEEM TRUST FUND ``` ``` Balance Sheet 31 December2020 ``` |**`Unrestricted`**
**`funds`**
**FIXED ASSETS**
**Notes**
**£**
**Tangible assets**
**10**
**228**
**CURRENT ASSETS**
**Debtors**
**11**
**36,916**
**Cash at bank**
**1,831**
**38,747**
**CREDITORS**
**Amounts falling due within one year**
**12**
**(11,518)**
**NET CURRENT ASSETS**
**27,229**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**27,457**
**NET ASSETS**
**27,457**
**FUNDS**
**13**
**Unrestricted funds**
**Restricted funds**
**TOTAL FUNDS**|**`Restricted`**
**`funds`**
**£**
**-**
**-**
**138,814**
**138,814**
**9,435**
**148,249**
**148,249**
**148,249**|**31.12.20**

**`Total`**
**`funds`**
**£**
**228**
**36,916**
**140,645**
**177,561**
**(2,083)**
**175,478**
**175,706**
**175,706**
**27,457**
**148,249**
**175,706**|**31.12.19**
**`Total`**
**`funds`**
**£**
**456**
**-**
**94,000**
**94,000**
**(1,782)**
**92,218**
**92,674**
**92,674**
**(2,288)**
**94,962**
**92,674**| |---|---|---|---| > **The financial statements were approved by the Board of Trustees and authorised for issue on 26 October 2021 and were signed on its behalf by:** SH **............................................. Shamsul Haque - Trustee** SSAH **.............................................** ## **Sheikh Saleh Ahmed Hamidi - Trustee** ``` The notes form part of these financial statements ``` ``` Page 25 ``` ``` GOREEB AND YATEEM TRUST FUND ``` ``` Cash Flow Statement for the Year Ended31 December 2020 ``` |**Notes**
**Cash flows from operating activities**
**Cash generated from operations**
**1**
**Net cash provided by operating activities**
**Change in cash and cash equivalents**
**in the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end**
**of the reporting period**|**31.12.20**
**£**
**46,645**
**46,645**
**46,645**
**94,000**
**140,645**|**31.12.19**
**£**
**25,764**| |---|---|---| |||**25,764**| |||| |||**25,764**
**68,236**| |||**94,000**| ``` The notes form part of these financial statements ``` ``` Page 26 ``` ``` GOREEB AND YATEEM TRUST FUND ``` ## **`Notes to the Cash Flow Statement`** ## **`for the Year Ended 31 December 2020`** ## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES** ||**31.12.20**|**31.12.19**| |---|---|---| ||**£**|**£**| |**Net income for the reporting period (as per the Statement of**||| |**Financial Activities)**|**83,032**|**369**| |**Adjustments for:**||| |**Depreciation charges**|**228**|**228**| |**(Increase)/decrease in debtors**|**(36,916)**|**26,696**| |**Increase/(decrease) in creditors**|**301**|**(1,529)**| |**Net cash provided by operations**|**46,645**|**25,764**| ## **2. ANALYSIS OF CHANGES IN NET FUNDS** |**`At 1.1.20 Cash flow At`**
**Net cash**
**£**
**£**
**Cash at bank**
**94,000**
**46,645**
**94,000**
**46,645**
**Total**
**94,000**
**46,645**|**`31.12.20`**
**£**
**140,645**
**140,645**
**140,645**| |---|---| ``` The notes form part of these financial statements ``` ``` Page 27 ``` ``` GOREEB AND YATEEM TRUST FUND ``` ``` Notestothe Financial Statements for the Year Ended31 December 2020 ``` ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** **The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.** ## **Income** **All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.** ## **Expenditure** **Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.** **Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.** ## **Tangible fixed assets** **Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.** **Fixtures and fittings - 20% on cost Computer equipment - 25% on cost** **Taxation** **The charity is exempt from tax on its charitable activities.** ## **Fund accounting** **Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.** **Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.** **Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.** ``` Page 28 ``` ``` continued... ``` ``` GOREEB AND YATEEM TRUST FUND ``` ``` Notestothe Financial Statements - continued ``` ## **`for the Year Ended 31 December 2020`** ## **2. DONATIONS** |**DONATIONS**||| |---|---|---| |**Donations**
**Gift aid**|**31.12.20**
**£**
**924,109**
**39,800**
**963,909**|**31.12.19**
**£**
**509,406**
**37,451**| |||**546,857**| ## **3. RAISING FUNDS** |**Other trading activities**
**Advertising, promotions and Campaign**
**Postage and printing**
**Ramadan Cost**|**31.12.20**
**£**
**100,539**
**3,215**
**7,390**
**111,144**|**31.12.19**
**£**
**104,475**
**-**
**-**| |---|---|---| |||**104,475**| ## **4. CHARITABLE ACTIVITIES COSTS** |**`Grant`**
**`funding of`**
**`activities`**
**`Support`**
**`(see notecosts (see`**
**`5)`**
**`note 6)`**
**£**
**£**
**Ramadan & Foodpack Projects**
**47,973**
**6,476**
**Winter Blanket Project**
**8,983**
**425**
**Qurbani & Aqiqah Projects**
**53,268**
**4,610**
**Tubewell Project**
**105,854**
**11,352**
**General**
**-**
**6,854**
**Healthcare & Emergency Projects**
**42,857**
**4,154**
**Housing Project**
**125,531**
**12,097**
**Wheel Chair Project**
**17,733**
**2,105**
**Mosjid Project**
**133,353**
**13,584**
**Education Project**
**140,773**
**12,535**
**Family Empowerment Project**
**14,346**
**1,639**
**690,671**
**75,831**
**5.**
**GRANTS PAYABLE**
**31.12.20**
**£**
**Ramadan & Foodpack Projects**
**47,973**
**Winter Blanket Project**
**8,983**
**Qurbani & Aqiqah Projects**
**53,268**
**Tubewell Project**
**105,854**
**Healthcare & Emergency Projects**
**42,857**
**Housing Project**
**125,531**
**Wheel Chair Project**
**17,733**
**Mosjid Project**
**133,353**
**Education Project**
**140,773**
**Family Empowerment Project**
**14,346**
**690,671**|**`Grant`**
**`funding of`**
**`activities`**
**`Support`**
**`(see notecosts (see`**
**`5)`**
**`note 6)`**
**£**
**£**
**Ramadan & Foodpack Projects**
**47,973**
**6,476**
**Winter Blanket Project**
**8,983**
**425**
**Qurbani & Aqiqah Projects**
**53,268**
**4,610**
**Tubewell Project**
**105,854**
**11,352**
**General**
**-**
**6,854**
**Healthcare & Emergency Projects**
**42,857**
**4,154**
**Housing Project**
**125,531**
**12,097**
**Wheel Chair Project**
**17,733**
**2,105**
**Mosjid Project**
**133,353**
**13,584**
**Education Project**
**140,773**
**12,535**
**Family Empowerment Project**
**14,346**
**1,639**
**690,671**
**75,831**
**5.**
**GRANTS PAYABLE**
**31.12.20**
**£**
**Ramadan & Foodpack Projects**
**47,973**
**Winter Blanket Project**
**8,983**
**Qurbani & Aqiqah Projects**
**53,268**
**Tubewell Project**
**105,854**
**Healthcare & Emergency Projects**
**42,857**
**Housing Project**
**125,531**
**Wheel Chair Project**
**17,733**
**Mosjid Project**
**133,353**
**Education Project**
**140,773**
**Family Empowerment Project**
**14,346**
**690,671**|**`Grant`**
**`funding of`**
**`activities`**
**`Support`**
**`(see notecosts (see`**
**`5)`**
**`note 6)`**
**£**
**£**
**Ramadan & Foodpack Projects**
**47,973**
**6,476**
**Winter Blanket Project**
**8,983**
**425**
**Qurbani & Aqiqah Projects**
**53,268**
**4,610**
**Tubewell Project**
**105,854**
**11,352**
**General**
**-**
**6,854**
**Healthcare & Emergency Projects**
**42,857**
**4,154**
**Housing Project**
**125,531**
**12,097**
**Wheel Chair Project**
**17,733**
**2,105**
**Mosjid Project**
**133,353**
**13,584**
**Education Project**
**140,773**
**12,535**
**Family Empowerment Project**
**14,346**
**1,639**
**690,671**
**75,831**
**5.**
**GRANTS PAYABLE**
**31.12.20**
**£**
**Ramadan & Foodpack Projects**
**47,973**
**Winter Blanket Project**
**8,983**
**Qurbani & Aqiqah Projects**
**53,268**
**Tubewell Project**
**105,854**
**Healthcare & Emergency Projects**
**42,857**
**Housing Project**
**125,531**
**Wheel Chair Project**
**17,733**
**Mosjid Project**
**133,353**
**Education Project**
**140,773**
**Family Empowerment Project**
**14,346**
**690,671**|**`Totals`**
**£**
**54,449**
**9,408**
**57,878**
**117,206**
**6,854**
**47,011**
**137,628**
**19,838**
**146,937**
**153,308**
**15,985**| |---|---|---|---| ||||**766,502**| |||**31.12.20**
**£**
**47,973**
**8,983**
**53,268**
**105,854**
**42,857**
**125,531**
**17,733**
**133,353**
**140,773**
**14,346**
**690,671**|**31.12.19**
**£**
**21,576**
**8,241**
**21,353**
**47,780**
**49,516**
**46,882**
**13,736**
**49,240**
**74,306**
**20,203**| ||||**352,833**| ``` Page 29 ``` ``` continued... ``` ``` GOREEB AND YATEEM TRUST FUND ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 December 2020`** |**6.**
**SUPPORT COSTS**
**`Management`**
**`Finance`**
**£**
**£**
**Other resources expended**
**566**
**-**
**Ramadan & Foodpack Projects**
**1,700**
**628**
**Winter Blanket Project**
**112**
**41**
**Qurbani & Aqiqah Projects**
**1,210**
**447**
**Tubewell Project**
**2,980**
**1,100**
**General**
**2,243**
**926**
**Healthcare & Emergency Projects**
**1,090**
**403**
**Housing Project**
**3,176**
**1,172**
**Wheel Chair Project**
**552**
**204**
**Mosjid Project**
**3,567**
**1,316**
**Education Project**
**3,291**
**1,215**
**Family Empowerment Project**
**431**
**159**
**20,918**
**7,611**|**`Other`**
**£**
**2,665**
**4,148**
**272**
**2,953**
**7,272**
**3,685**
**2,661**
**7,749**
**1,349**
**8,701**
**8,029**
**1,049**
**50,533**|**`Totals`**
**£**
**3,231**
**6,476**
**425**
**4,610**
**11,352**
**6,854**
**4,154**
**12,097**
**2,105**
**13,584**
**12,535**
**1,639**| |---|---|---| |||**79,062**| ## **7. TRUSTEES' REMUNERATION AND BENEFITS** **There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.** ||**Trustees' expenses**|||| |---|---|---|---|---| ||||**31.12.20**|**31.12.19**| ||||**£**|**£**| ||**Trustees' expenses**||**-**|**2,410**| |**8.**|**STAFF COSTS**|||| ||||**31.12.20**|**31.12.19**| ||||**£**|**£**| ||**Wages and salaries**||**30,279**|**30,741**| ||||**30,279**|**30,741**| ||**The average monthly number of employees during the year was as follows:**|||| ||||**31.12.20**|**31.12.19**| ||**Admin**||**2**|**2**| ||**No employees received emoluments in excess of £60,000.**|||| |**9.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|||| |||**`Unrestricted`**|**`Restricted`**|**`Total`**| |||**`funds`**|**`funds`**|**`funds`**| |||**£**|**£**|**£**| ||**INCOME AND ENDOWMENTS FROM**|||| ||**Donations**|**120,089**|**426,768**|**546,857**| ||**EXPENDITURE ON**|||| ||**Raising funds**|**104,475**|**-**|**104,475**| ||**Charitable activities**|||| ||**Ramadan & Foodpack Projects**|**-**|**23,855**|**23,855**| ||**Winter Blanket Project**|**-**|**9,111**|**9,111**| ||**Qurbani & Aqiqah Projects**|**-**|**23,609**|**23,609**| ``` Page 30 ``` ``` continued... ``` ``` GOREEB AND YATEEM TRUST FUND ``` ## **`Notes to the Financial Statements - continued`** ## **`for the Year Ended 31 December 2020`** ## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** |**`Unrestricted Restricted`**
**`funds`**
**`funds`**
**£**
**£**
**Tubewell Project**
**-**
**52,827**
**Healthcare & Emergency Projects**
**-**
**54,747**
**Housing Project**
**-**
**51,834**
**Wheel Chair Project**
**-**
**15,187**
**Mosjid Project**
**-**
**54,441**
**Education Project**
**-**
**82,155**
**Family Empowerment Project**
**-**
**22,337**
**Other**
**51,910**
**-**
**Total**
**156,385**
**390,103**
**NET INCOME/(EXPENDITURE)**
**(36,296)**
**36,665**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**34,008**
**58,297**
**TOTAL FUNDS CARRIED FORWARD**
**(2,288)**
**94,962**
**10.**
**TANGIBLE FIXED ASSETS**
**`Fixtures`**
**`and`**
**`Computer`**
**`fittings`**
**`equipment`**
**COST**
**£**
**£**
**At 1 January 2020 and**
**31 December 2020**
**2,367**
**1,013**
**DEPRECIATION**
**At 1 January 2020**
**1,911**
**1,013**
**Charge for year**
**228**
**-**
**At 31 December 2020**
**2,139**
**1,013**
**NET BOOK VALUE**
**At 31 December 2020**
**228**
**-**
**At 31 December 2019**
**456**
**-**|**`Total`**
**`funds`**
**£**
**52,827**
**54,747**
**51,834**
**15,187**
**54,441**
**82,155**
**22,337**
**51,910**| |---|---| ||**546,488**| ||**369**
**92,305**| ||**92,674**
**`Totals`**
**£**
**3,380**
**2,924**
**228**
**3,152**
**228**
**456**| ``` Page 31 ``` ``` continued... ``` ``` GOREEB AND YATEEM TRUST FUND ``` ``` Notestothe Financial Statements - continued ``` ## **`for the Year Ended 31 December 2020`** ## **11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |**11.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |---|---|---|---| |||**31.12.20**|**31.12.19**| |||**£**|**£**| ||**Other debtors**|**36,916**|**-**| |**12.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |||**31.12.20**|**31.12.19**| |||**£**|**£**| ||**Taxation and social security**|**283**|**283**| ||**Other creditors**|**1,800**|**1,499**| |||**2,083**|**1,782**| ## **13. MOVEMENT IN FUNDS** |**OVEMENT IN FUNDS**||||| |---|---|---|---|---| |||**`Net`**|**`Transfers`**|| |||**`movement`**|**`between`**|**`At`**| ||**`At 1.1.20`**|**`in funds`**|**`funds`**|**`31.12.20`**| ||**£**|**£**|**£**|**£**| |**Unrestricted funds**||||| |**General fund**|**(2,288)**|**93,696**|**(63,951)**|**27,457**| |**Restricted funds**||||| |**Ramadan & Foodpack Projects**|**16,718**|**15,873**|**-**|**32,591**| |**Zakat/Fitra Project**|**666**|**-**|**(666)**|**-**| |**Qurbani & Aqiqah Project**|**(3,304)**|**(7,821)**|**11,125**|**-**| |**Winter Blanket Project**|**(897)**|**(4,788)**|**5,685**|**-**| |**Tubewell Project**|**17,124**|**6,057**|**-**|**23,181**| |**Healthcare & Emergency Project**|**(9,761)**|**(1,899)**|**11,660**|**-**| |**Wheel Chair Project**|**20,061**|**3,040**|**-**|**23,101**| |**Housing Project**|**75,650**|**(6,274)**|**-**|**69,376**| |**Mosjid Project**|**(10,794)**|**553**|**10,241**|**-**| |**Rohingya Projects**|**1,557**|**-**|**(1,557)**|**-**| |**Education Project**|**(840)**|**(17,206)**|**18,046**|**-**| |**Family Empowerment Project**|**(11,218)**|**1,801**|**9,417**|**-**| ||**94,962**|**(10,664)**|**63,951**|**148,249**| |**TOTAL FUNDS**|**92,674**|**83,032**|**-**|**175,706**| ``` Page 32 ``` ``` continued... ``` ``` GOREEB AND YATEEM TRUST FUND ``` ``` Notestothe Financial Statements - continued ``` ``` for the Year Ended31 December 2020 ``` ## **13. MOVEMENT IN FUNDS - continued** ## **Net movement in funds, included in the above are as follows:** ||**`Incoming`**|**`Resources`**|**`Movement`**| |---|---|---|---| ||**`resources`**|**`expended`**|**`in funds`**| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |**General fund**|**117,307**|**(23,611)**|**93,696**| |**Restricted funds**|||| |**Ramadan & Foodpack Projects**|**79,487**|**(63,614)**|**15,873**| |**Qurbani & Aqiqah Project**|**56,582**|**(64,403)**|**(7,821)**| |**Winter Blanket Project**|**5,222**|**(10,010)**|**(4,788)**| |**Tubewell Project**|**139,330**|**(133,273)**|**6,057**| |**Healthcare & Emergency Project**|**50,991**|**(52,890)**|**(1,899)**| |**Wheel Chair Project**|**25,861**|**(22,821)**|**3,040**| |**Housing Project**|**148,474**|**(154,748)**|**(6,274)**| |**Mosjid Project**|**166,712**|**(166,159)**|**553**| |**Education Project**|**153,840**|**(171,046)**|**(17,206)**| |**Family Empowerment Project**|**20,103**|**(18,302)**|**1,801**| ||**846,602**|**(857,266)**|**(10,664)**| |**TOTAL FUNDS**|**963,909**|**(880,877)**|**83,032**| |**Comparatives for movement in funds**|||| |||**`Net`**|| |||**`movement`**|**`At`**| ||**`At 1.1.19`**|**`in funds`**|**`31.12.19`**| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |**General fund**|**34,008**|**(36,296)**|**(2,288)**| |**Restricted funds**|||| |**Ramadan & Foodpack Projects**|**-**|**16,718**|**16,718**| |**Zakat/Fitra Project**|**666**|**-**|**666**| |**Qurbani & Aqiqah Project**|**255**|**(3,559)**|**(3,304)**| |**Winter Blanket Project**|**294**|**(1,191)**|**(897)**| |**Tubewell Project**|**10,243**|**6,881**|**17,124**| |**Healthcare & Emergency Project**|**9,286**|**(19,047)**|**(9,761)**| |**Wheel Chair Project**|**10,213**|**9,848**|**20,061**| |**Housing Project**|**13,618**|**62,032**|**75,650**| |**Mosjid Project**|**1,841**|**(12,635)**|**(10,794)**| |**Rohingya Projects**|**1,557**|**-**|**1,557**| |**Education Project**|**10,324**|**(11,164)**|**(840)**| |**Family Empowerment Project**|**-**|**(11,218)**|**(11,218)**| ||**58,297**|**36,665**|**94,962**| |**TOTAL FUNDS**|**92,305**|**369**|**92,674**| ``` Page 33 ``` ``` continued... ``` ``` GOREEB AND YATEEM TRUST FUND ``` ``` Notestothe Financial Statements - continued ``` ``` for the Year Ended31 December 2020 ``` ## **13. MOVEMENT IN FUNDS - continued** ## **Comparative net movement in funds, included in the above are as follows:** ||**`Incoming`**|**`Resources`**|**`Movement`**| |---|---|---|---| ||**`resources`**|**`expended`**|**`in funds`**| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |**General fund**|**120,089**|**(156,385)**|**(36,296)**| |**Restricted funds**|||| |**Ramadan & Foodpack Projects**|**40,573**|**(23,855)**|**16,718**| |**Qurbani & Aqiqah Project**|**20,050**|**(23,609)**|**(3,559)**| |**Winter Blanket Project**|**7,920**|**(9,111)**|**(1,191)**| |**Tubewell Project**|**59,708**|**(52,827)**|**6,881**| |**Healthcare & Emergency Project**|**35,700**|**(54,747)**|**(19,047)**| |**Wheel Chair Project**|**25,035**|**(15,187)**|**9,848**| |**Housing Project**|**113,866**|**(51,834)**|**62,032**| |**Mosjid Project**|**41,806**|**(54,441)**|**(12,635)**| |**Education Project**|**70,991**|**(82,155)**|**(11,164)**| |**Family Empowerment Project**|**11,119**|**(22,337)**|**(11,218)**| ||**426,768**|**(390,103)**|**36,665**| |**TOTAL FUNDS**|**546,857**|**(546,488)**|**369**| ## **A current year 12 months and prior year 12 months combined position is as follows:** |||**`Net`**|**`Transfers`**|| |---|---|---|---|---| |||**`movement`**|**`between`**|**`At`**| ||**`At 1.1.19`**|**`in funds`**|**`funds`**|**`31.12.20`**| ||**£**|**£**|**£**|**£**| |**Unrestricted funds**||||| |**General fund**|**34,008**|**57,400**|**(63,951)**|**27,457**| |**Restricted funds**||||| |**Ramadan & Foodpack Projects**|**-**|**32,591**|**-**|**32,591**| |**Zakat/Fitra Project**|**666**|**-**|**(666)**|**-**| |**Qurbani & Aqiqah Project**|**255**|**(11,380)**|**11,125**|**-**| |**Winter Blanket Project**|**294**|**(5,979)**|**5,685**|**-**| |**Tubewell Project**|**10,243**|**12,938**|**-**|**23,181**| |**Healthcare & Emergency Project**|**9,286**|**(20,946)**|**11,660**|**-**| |**Wheel Chair Project**|**10,213**|**12,888**|**-**|**23,101**| |**Housing Project**|**13,618**|**55,758**|**-**|**69,376**| |**Mosjid Project**|**1,841**|**(12,082)**|**10,241**|**-**| |**Rohingya Projects**|**1,557**|**-**|**(1,557)**|**-**| |**Education Project**|**10,324**|**(28,370)**|**18,046**|**-**| |**Family Empowerment Project**|**-**|**(9,417)**|**9,417**|**-**| ||**58,297**|**26,001**|**63,951**|**148,249**| |**TOTAL FUNDS**|**92,305**|**83,401**|**-**|**175,706**| ``` Page 34 ``` ``` continued... ``` ``` GOREEB AND YATEEM TRUST FUND ``` ``` Notestothe Financial Statements - continued ``` ``` for the Year Ended31 December 2020 ``` ## **13. MOVEMENT IN FUNDS - continued** ## **A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:** ||**`Incoming`**|**`Resources`**|**`Movement`**| |---|---|---|---| ||**`resources`**|
**`expended`**|**`in funds`**| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |**General fund**|**237,396**|**(179,996)**|**57,400**| |**Restricted funds**|||| |**Ramadan & Foodpack Projects**|**120,060**|**(87,469)**|**32,591**| |**Qurbani & Aqiqah Project**|**76,632**|**(88,012)**|**(11,380)**| |**Winter Blanket Project**|**13,142**|**(19,121)**|**(5,979)**| |**Tubewell Project**|**199,038**|**(186,100)**|**12,938**| |**Healthcare & Emergency Project**|**86,691**|**(107,637)**|**(20,946)**| |**Wheel Chair Project**|**50,896**|**(38,008)**|**12,888**| |**Housing Project**|**262,340**|**(206,582)**|**55,758**| |**Mosjid Project**|**208,518**|**(220,600)**|**(12,082)**| |**Education Project**|**224,831**|**(253,201)**|**(28,370)**| |**Family Empowerment Project**|**31,222**|**(40,639)**|**(9,417)**| ||**1,273,370**|**(1,247,369)**|**26,001**| |**TOTAL FUNDS**|**1,510,766**|**(1,427,365)**|**83,401**| ## **14. RELATED PARTY DISCLOSURES** ## **There were no related party transactions for the year ended 31 December 2020.** ``` Page 35 ``` ``` GOREEB AND YATEEM TRUST FUND ``` |**`Detailed Statement of Financial Activities`**||| |---|---|---| |**`for the Year Ended 31 December 2020`**||| ||**31.12.20**|**31.12.19**| ||**`£`**|**`£`**| |**INCOME AND ENDOWMENTS**||| |**Donations**||| |**Donations**|**924,109**|**509,406**| |**Gift aid**|**39,800**|**37,451**| ||**963,909**|**546,857**| |**Total incoming resources**|**963,909**|**546,857**| |**EXPENDITURE**||| |**Other trading activities**||| |**Advertising, promotions and Campaign**|**100,539**|**104,475**| |**Postage and printing**|**3,215**|**-**| |**Ramadan Cost**|**7,390**|**-**| ||**111,144**|**104,475**| |**Charitable activities**||| |**Grants to charitable projects**|**690,671**|**352,833**| |**Support costs**||| |**Management**||| |**Trustees' expenses**|**-**|**2,410**| |**Rent & rates**|**8,778**|**11,561**| |**Telephone**|**947**|**1,069**| |**Office stationary**|**1,948**|**5,007**| |**Accountancy**|**2,100**|**1,500**| |**IT and website expenses**|**-**|**930**| |**Consultancy**|**5,401**|**13,718**| |**Meeting expenses**|**-**|**140**| |**General admin expenses**|**1,744**|**2,207**| ||**20,918**|**38,542**| |**Finance**||| |**Donation processing fees**|**7,611**|**2,489**| |**Other**||| |**Project Management Staff Wages**|**30,279**|**30,741**| |**Casual staff salaries**|**20,026**|**17,180**| |**Depreciation of tangible fixed assets**|**228**|**228**| ||**50,533**|**48,149**| |**Total resources expended**|**880,877**|**546,488**| |**Net income**|**83,032**|**369**| ``` This page does not form part of the statutory financial statements ``` ``` Page 36 ``` Charlty Reg. Number: 1122271 C05ta Coffèè JD gFH)ris GLYeeb S YaieÈ Tiu81 Fu lechapel Siaiion SlatlODe HSBC4D AL RAYAN BANK Goreab & Yateem Trust Fund Sort Code.. 30-00-83 AC Numbèr.. 01351301 IBAN.. GB72 ARAY 3000 8301351301 BIC.. AFIAYGB22 Whitechai Goreèb & Yaleem Trust Fund Sort Code.. 4￿02-33 AC Nurnber.. 71593579 IBAN.. G881 HBUK 40023371593579 BIC.. HBUKGB4115A e¢hapd Markei The Poyal Londo Hospilgl. Emeigency.- WAYS TO DONATE Q info@goreebfund.com o www.goreebfund.com Gorgeb & Yateem Trust Fund 25912nd Floor) Whilgchapel Road London E1 1D8 United Kingdom 0207 247 8245 0749 874 9015 000 Designed by-. taranaa.co.uk