Registered Charity Number 1122397 Registered Company Number 5562190
AL KHALIL EDUCATION & CULTURAL CENTRE (A Company limited by gurantee) Report and Accounts
For The Year Ended 31 October 2022
## **AL KHALIL EDUCATION & CULTURAL CENTRE Report and accounts Contents**
||**Page**|
|---|---|
|Trustees' Report|**1**|
|Independent Examiner's report|**9**|
|Statement of Financial Activities|**11**|
|Income and Expenditure account|**12**|
|Statement of total recognised gains and losses|**13**|
|Movements in Accumulated Funds|**14**|
|Balance sheet|**15**|
|**Notes to the accounts**|**16**|
|Detailed Statement of Financial Activities|**25**|
## **AL KHALIL EDUCATION & CULTURAL CENTRE**
## **The report of the trustees for the year ended 31 October 2022**
## **Introduction**
The trustees present their annual report and accounts for the year ended 31st October 2022. The board of trustees are satisfied with the performance of the charity during the year and the position as at 31st October 2022 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfill its obligations.
## **Name, registered office and constitution of the charity**
The full name of the charity is Al-Khalil Education & Cultural Centre Ltd.
|.||
|---|---|
|The legal registration details are :-||
|_Date of Company formation_|13/09/2005|
|_Date of Charity status_|21/08/2008|
|_The Principal Office is_|F3, 1 Bedlow Cl. Lisson Gv. London NW8 2RU|
|_Charity Registration Number_|1122397|
|_Company Registration Number_|-|
## **Objectives and Activities of the Charity**
## _**A summary of the objects of the charity as set out in its governing document.**_
The objects of the charity are set out in the charity's memorandum and articles which is summarized as follows:
To relieve poverty, hardship and distress,
To provide healthcare, education, clothing, food, accommodation for poor and orphans students.
## _**Public benefit that is provided by the charity**_
Al Khalil Education& Cultural Centre aims to achieve the following objectives:
Providing financial & other assistance to persons in need for the purpose of providing Healthcare, Education, Clothing, Food and Accommodation.
Provide financial & other assistance to organizations supporting widows, orphans and their families _**The charity's aims including the changes or differences it seeks to make**_ Besides the objectives set above, the charity also intend to make positive difference to the _**through its activities .**_ community through following projects:
Operating Madrasa(religious school), Free eye operations for the poor . Providing free religious education for the orphans Access to clean drinking water
Better access of health facilities and educations for the needy particularly for the orphans.
1
## **AL KHALIL EDUCATION & CULTURAL CENTRE**
## **The report of the trustees for the year ended 31 October 2022** _**An explanation of the charity's main objectives for the year**_
Provide better facilities for the orphans and poor students to get technical as well as moral educations at the same time. The charity has taken initiative jointly with Al-Khair Foundation to finance and train unemployed youth. It has started Cattle firm projects, the objective of the project is to facilitate new cattle firm as well as improvise the existing one.
Attract more donors and continue to maintain supporting the organisation that provides health and education to poor, particularly orphans and poor students.
## _**An explanation of the charity's strategies for achieving its stated objectives.**_
Continually review all areas on a regular basis such as interviewing regular and potential donors randomly and the community at large about the performance of the charity.
## _**Details of significant activities (including its main programmes, projects, or services provided) that contribute to the achievement of the stated objectives.**_
Continue to maintain the standard of the education centre.
Improve facilities inside and outside of the education centre.
Actively encourage new committee members.
Enhance moral, value and ethics of the participants and society at large.
## _**The Charity's grant making policies**_
The Charity is not making any grant currently.
## _**Social or programme related investment**_
The charity had not taken any such investment in the reporting financial year.
2
## **AL KHALIL EDUCATION & CULTURAL CENTRE**
## **The report of the trustees for the year ended 31 October 2022**
## _**The contribution of volunteers**_
We have about 41 volunteers, 21 in UK and 20 in Bangladesh who are contributing tirelessly working for the charity to raise donation for the projects. Continued to give their time and services with no drain on the charities funds.
## _**Summary of main activities of the charity in relation to its objects**_
The charity has held a successful community engagement. Communicating with other charities and business leaders to provide their support to the charity. In particular Al Khair Foundation which recently have funded the charity to build/extension an education centre dedicated to young women.
## _**A review of charitable activities undertaken by the charity**_
## _**Fundraising activities**_
Fundraising activities included special event day such as Friday Jumma prayer in Westminister.The charity also made appeals to the community via community based television channels where the general public responded generously.
Fundraising activities also included special month of Ramadan when Muslim community in general tend to donate more for the charitable cause
3
## **AL KHALIL EDUCATION & CULTURAL CENTRE**
## **The report of the trustees for the year ended 31 October 2022** _**Investment performance achieved against investment objectives set**_
The charity has no investments apart from the current bank account.
## _**Factors relevant to the achievement of the charity's objectives**_
Achievement of the charity’s objectives is immensely important to the community it serves. Donors and the local community view the contributions of the charity with high regard. The Bangladeshi community appreciates the work done by Al-Khalil in the rural areas of Bangladesh. The charity 14 also organise social awareness events in UK.
15
## _**Summary of the main achievements of the charity during the year**_
The main objectives that have been achieved during the year is that the trustees have been able to run the charity to achieve its stated objectives. The trustees are now well equipped to carry out the charity's activities. During the year the trustees have been able to keep all the records regarding running the charity. The charity was able to extend to support drinking water projects. Constructing educational building projects in Bangladesh. Qurbani projects in Tanzania.
## _**Employment of disabled persons**_
No disabled people are currently employed.
## **Structure, Governance and Management**
## _**Nature of the Governing Document and constitution of the charity**_
Al-Khalil Education and Cultural Centre Ltd is a company limited by guarantee. Governed by its Memorandum and Articles of Association. It was registered as a charity with the charity commission on 21st January 2008.
## _**The methods adopted for the recruitment and appointment of new trustees**_
New trustees are appointed by existing trustees.
4
## **AL KHALIL EDUCATION & CULTURAL CENTRE**
## **The report of the trustees for the year ended 31 October 2022**
## _**The organisational structure of the charity and how decisions are made.**_
As per our constitution.
During the accounting year there was no change in the trustee board. New trustees would be approached and appointed by personal recommendation and agreement of the board of trustees. The trustees those have served the charity during the period are set out below. The board of trustees have legal responsibility for the operation of the charity.
The board of trustees comprises individuals who are reputable members of the community. The ranges of skills represented in the board are kept under review and appointments to the board are made by the existing trustee. The trustees are legally responsible for the governance and management of the charity.
## _**Membership of a wider network**_
We established network with other organisations such as Al-Khair Foundation to assist in fund raising and creating awareness. Also we have received positive feedback from many community leaders regarding the charitable activities we are engaged in. The Chair person of the Al-Khair has visited charity's various projects and activities recently.
Al-Khalil also working in partnership with other charities to implement projects that affect the local communities in the long run particularly beneficiaries in Banglaldesh.
## _**The major risks to which the charity is exposed and reviews and systems to mitigate risks**_
Major risks the charity faces are the expenditure it incurs and the income it generates through its fundraising activities. These are currently monitored on a monthly basis. There are strict controls procedures in place to ensure generated funds are only used upon the approval of the trustees.
## _**Relationships with other groups, charities and individuals**_
We have an ongoing relationship with all local community, private and public sectors organisations. These close collaborative relations are helping the charity to achieve its objectives.
5
## **AL KHALIL EDUCATION & CULTURAL CENTRE**
## **The report of the trustees for the year ended 31 October 2022**
## _**Funds in deficit**_
Reporting period fund was surplus.
## _**supported the key objectives of the charity.**_
The principal funding sources for the charity are the funds raised through live TV appeal from individual donors. All the funds that are raised through these activities supported the achievement of the key objectives such as funding the poor and orphan’s education as well as running the eye operation campaign. Al-Khalil also have been supporting cattle farming and qurbani projects, winter clothing distributions and clean water projects.
## _**The investment policy and objectives, including the extent (if any) to which social, environmental or ethical considerations are taken into account.**_
Al-Khalil has an ethical investment policy which means that before it makes any investment decision it takes the social impact of its investment. However, during the current financial year it made no investment .
## _**Availability and adequacy of assets of each of the funds**_
The Board of trustees is satisfied that the charity’s assets in each fund are available and adequate to fulfill its obligations. The financial statements are set out on pages 8 to 19. The financial statements have been prepared implementing the 2005 Revised Statement of Recommended Practice for Accounting and Reporting by Charities issued by the Charity Commission for England
## _**Transactions and Financial position**_
The financial statements are set out on pages 11 to 29. The financial statements have been prepared implementing the 2005 Revision of the Statement of Recommended Practice for Accounting and Reporting by Charities issued by the Charity Commission for England and Wales (revised in June 2008) and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) .As stated in the introduction to this report, the trustees consider the financial performance by the charity during the year to have been satisfactory.
6
## **AL KHALIL EDUCATION & CULTURAL CENTRE**
## **The report of the trustees for the year ended 31 October 2022**
## _**Funds Held as Custodian Trustee on Behalf of Others**_
Nothing to report for the financial year.
## **Plans for Future PeriodsThe name of the Chief Executive Officer and other senior staff member(s) to**
**whom day to day management of the charity is delegated by the charity trustees.** Our objectives for the forthcoming year is to enhance education and health facilities for the orphan students. Conducting more seminars and workshop to visualize the state of orphans in developing countries such as Bangladesh.
**The members of the Board of Trustees of the Charity during the year ended 31st October 2022 were :-**
MR S B A HAMIDI MR AKIKUR RAHMAN MR MOHAMMED AMDADUL HAQUE
**The members of the Board of Trustees of the Charity at the date the report and accounts were approved were:-**
MR S B A HAMIDI MR AKIKUR RAHMAN MR MOHAMMED AMDADUL HAQUE
7
## **AL KHALIL EDUCATION & CULTURAL CENTRE**
## **The report of the trustees for the year ended 31 October 2022**
## **Solicitors**
Md Imran Chowdhury E1 Solicitors Commercial Road London E1
## **Investment advisors**
None as currently the charity is not planning any investment.
## **Independent Examiner**
Dewan Chowdhury, MSc. Accountant Abacus Accountancy (Ldn) Ltd Unit A, Abbotts Wharf 93 Stanisby Road E14 6JL
## **Statement of Trustees' Responsibilities**
The Charities Act 2011 requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
- state whether applicable accounting standards and statements of recommended practice have been followed , subject to any material
- departures disclosed and explained in the financial statements;
The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
**This report was approved by the board of trustees on 17 May 2023.**
**S B A HAMIDI Trustee**
8
**AL KHALIL EDUCATION & CULTURAL CENTRE Independent Examiner's Report to the trustees of the charity Report of the Independent Examiner to the trustees on the accounts of the Charity for the year ended 31 October 2022**
I report on the financial statements of the Charity on pages 11 to 25 for the year ended 31 October 2022 which have been prepared in accordance with the Charities Act 2011 and with the Financial Reporting Standard for Smaller Entities (FRSSE), effective April 2008, adapted to meet the needs of unincorporated organisations, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, effective April 2005 as revised in June 2008. (The SORP), under the historical cost convention and the accounting policies set out notes to the account. **Respective responsibilities of trustees and examiner**
As described on **6** , the Charity's trustees are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination.
Having satisfied mysef that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility to:-
a) examine the accounts under section 145 of the Act;
b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and;
c) to state whether particular matters have come to my attention.
## **Basis of opinion and scope of work undertaken**
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements , and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtain written assurances from the trustees of all material matters.
9
## **Independent Examiner's Statement, report and opinion**
Subject to the limitations upon the scope of my work as detailed above , in connection with my examination , I can confirm that
this is a report in respect of an examination carried out under section 145 of the Act and in accordance with any directions given by the Commission under subsection (5)(b) of that section which are applicable;
and that, no matter has come to my attention in connection with my examination which gives me reasonable cause to believe that in any material respect the requirements
(i) to keep accounting records in accordance with section 130 of the Act;
(ii) to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act and;
(iii) that the financial statements be prepared in accordance with the methods and principles set out in the Statement of Recommended Practice - Accounting and Reporting by Charities
to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached;
Dewan Chowdhury, MSc. Accountant Abacus Accountancy (Ldn) Ltd Unit A, Abbotts Wharf 93 Stanisby Road E14 6JL
The date upon which my opinion is expressed is :- 17 May 2023
10
## **AL KHALIL EDUCATION & CULTURAL CENTRE Statement of Financial Activities for the year ended 31 October 2022**
|**Notes**
**Incoming resources**
**_Incoming resources from generated funds_**
Voluntary Income|**Unrestricted Restricted**
**Total**
**Last Year**
**Funds**
**Funds**
**Funds**
**Total Funds**
**2022**
**2022**
**2022**
**2021**
**£**
**£**
**£**
**£**
247,947
10,900
258,847
176,871|
|---|---|
||-
-
-
-|
|**Total incoming resources**
**_Costs of generating funds_**
Costs of generating voluntary income
Fundraising trading - costs of goods and other costs
Investment management costs
**_Costs of charitable activities_**
**_Governance costs_**
**_Other resources expended_**
**Total resources expended**
**Net incoming resources**
**before transfers between funds**
**Gross transfers between funds**
**Net incoming resources before**
**Other recognised gains and losses**
**Other recognised gains and losses**
**Net movement in funds**
**Reconciliation of funds**
**_Total funds brought forward_**
**Total Funds carried forward**|**247,947**
**10,900**
**258,847**
**176,871**
64,000
-
64,000
51,000
-
-
-
-
-
-
-
-
5
91,950
91,955
39,756
900
-
900
950
-
-
-
-
64,905
91,950
156,855
91,706
183,042
(81,050)
101,992
85,165
-
-
-
-
183,042
(81,050)
101,992
85,165
183,042
(81,050)
101,992
85,165
-
180,180
180,180
95,015
**183,042**
**99,130**
**282,172**
**180,180**|
The net movement in funds referred to above is the net incoming resources as defined in the SORP and is reconciled to the total funds as shown in the Balance Sheet on **page 15** as required by the the SORP.
11
## **AL KHALIL EDUCATION & CULTURAL CENTRE Statement of Financial Activities**
## **for the year ended 31 October 2022**
**All activities derive from continuing operations**
## **The notes on pages 16 to 24 form an integral part of these accounts. Income and Expenditure Account for the year ended 31 October 2022**
|**Turnover**
Direct costs of turnover
**Gross surplus**
Governance costs
**Surplus on ordinary activities before tax**
**Surplus for the financial year**
Gift Aid Payments
**Retained surplus for the financial year**|**2022**
**£**
258,847
155,955
102,892
900
101,992
101,992
-
101,992|**2021**
**£**
176,871
90,756
86,115
950
85,165
85,165
-
85,165|
|---|---|---|
**The notes on pages 16 to 24 form an integral part of these accounts.**
12
**AL KHALIL EDUCATION & CULTURAL CENTRE Statement of Financial Activities for the year ended 31 October 2022 Statement of Total Recognised Gains and Losses for the year ended 31 October 2022**
|Excess of Expenditure over income before realisation of assets
Profit per Profit and Loss account
Grants for the acquisition of fixed assets
**Net Movement in funds before taxation**|**2022**
**2021**
101,992
85,165
101,992
85,165
-
-
101,992
85,165|
|---|---|
**Movements in revenue and capital funds for the year ended 31 October 2022**
|**Revenue accumulated funds**
Accumulated funds brought forward
Recognised gains and losses before transfers
**Closing revenue accumulated funds**|**Unrestricted Restricted**
**Total**
**Last year**
**Funds**
**Funds**
**Funds**
**Total Funds**
**2022**
**2022**
**2022**
**2021**
**£**
**£**
**£**
**£**
-
180,180
180,180
95,015
(81,050)
183,042
101,992
85,165
(81,050)
363,222
282,172
180,180
(81,050)
363,222
282,172
180,180
**£**
**£**|
|---|---|
13
## **AL KHALIL EDUCATION & CULTURAL CENTRE Statement of Financial Activities for the year ended 31 October 2022**
|**Summary of funds**|**Designated **|**Unrestricted **|**Restricted**|**Total**|**Last Year**|
|---|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Funds**|**Total Funds**|
||**2022**|**2022**|**2022**|**2022**|**2021**|
|Revenue accumulated funds|-|(81,050)|363,222|282,172|180,180|
14
## **AL KHALIL EDUCATION & CULTURAL CENTRE Balance Sheet as at 31 October 2022**
|**Notes**
**2022**
**£**
**_The assets and liabilities of the charity :_**
**Fixed assets**
**Current assets**
Cash at bank and in hand
309,167
**Creditors:-**
amounts due within one year
25
(5,902)
**_Net current assets_**
303,265
**_Total assets less current liabilities_**
303,265
**Creditors:-**
amounts due after more than one year
26
(21,093)
**Provisions for liabilities and charges**
-
**Net assets including pension asset / liability**
282,172
**_The funds of the charity :_**
**Total unrestricted funds**
-
**Restricted income funds**
Restricted revenue accumulated funds
282,172
**Restricted capital funds**
**Total restricted funds**
282,172
**Total charity funds**
282,172|**2021**
**£**
206,274
(5,001)
201,273
201,273
(21,093)
-
180,180
-
180,180
180,180
180,180|
|---|---|
The accounts have been prepared in accordance with the Financial Reporting Standard for Smaller Entities ( **effective April 2008)**
**S B A HAMIDI Trustee Approved by the board of trustees on 17 May 2023**
**The notes on pages 16 to 24 form an integral part of these accounts.**
15
## **AL KHALIL EDUCATION & CULTURAL CENTRE Notes to the Accounts for the year ended 31 October 2022**
## **1 Accounting policies**
## _**Basis of preparation of the accounts**_
The financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE), effective April 2008, and all other applicable accounting standards, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales,(revised June 2008) (The SORP) adapted to meet the needs of unincorporated organisations . The accounts have been drawn up in accordance with the provisions of the Charities (Accounts and Reports) Regulations 2008 Acts , and include the results of the charity's operations which are described in the Trustees' Report, all of which are continuing.
Insofar as the SORP requires compliance with specific Financial Reporting Standards other than the FRSSE then the specific Financial Reporting Standards have been followed where their requirements differ from those of the FRSSE.
The charity has taken advantage of the exemption in the FRSSE from the requirement to produce a cash flow statement.
## 2 _**Accounting convention**_
The financial statements are prepared,on a going concern basis, under the historical cost convention The charity is entirely dependent on continuing fees, donation and as a consequence the going concern basis is also dependent on the continuing fees and donation.
## 3 _**Incoming Resources**_
Incoming resources are accounted for on a receivable basis.
## 4 _**Investment Income**_
Not applicable.
## 5 _**Deferred income**_
In accordance with the SORP grants received in advance and specified by the donor as relating to specific accounting periods or alternatively which are subject to conditions which are still to be met, and which are outside the control of the charity or where it is uncertain whether the conditions can or will be met, are deferred on an accruals basis to the period to which they relate. Such deferrals are shown in the notes to the accounts and the sums involved are
16
## **AL KHALIL EDUCATION & CULTURAL CENTRE Notes to the Accounts for the year ended 31 October 2022**
## 6 _**Recognition of liabilities**_
Liabilities are recognised on the accruals basis in accordance with normal accounting principles, modified where necessary in accordance with the guidance given in the SORP.
## 7 _**Resources Expended**_
Charitable expenditure includes all expenditure directly related to the objects of the charity and comprises the following :-
## **Activities In furtherance of the charity's objectives**
The costs of activities in furtherance of the charity's objectives represents the cost of goods and services and ancillary trading costs that have been incurred in charitable activities.
## **Administration of the charity**
Management and administration costs represent expenditure incurred in the management of the charity's assets, organisational administration and compliance with charitable and statutory requirements. These costs are included within support costs
## **Support costs of activities**
There are a number of costs, including staffing costs, where it is impracticable to allocate these costs between administration and charitable expenditure and the trustees have allocated such costs to management and administration costs.
Resources expended include attributable VAT which cannot be recovered.
## 8 _**Inalienable assets**_
Currently not applicable for the charity apart from moral and dedication of the trustees and volunteers.
## 9 _**Investments held by the charity**_
Not applicable.
17
**AL KHALIL EDUCATION & CULTURAL CENTRE Notes to the Accounts for the year ended 31 October 2022**
## 10 _**Fixed assets and depreciation**_
All tangible fixed assets, except freehold land and buildings, are stated at cost less depreciation. Freehold land and buildings are stated at a valuation arrived at by a professionally qualified firm of valuers, who valued the assets on the basis of open market value in current use.
Items of less than £1000 are not capitalised.
Charity did not have any fixed assets at the balance sheet date.
## 11 _**Capital grants**_
The board of trustees consider that, in order to comply with the SORP gifts of tangible fixed assets or grants of a capital nature given for specific purposes and fully utilised in the furtherance of the objects of the charity should be credited to the relevant fixed asset fund after the sums have been properly expended on the restricted purpose. The related asset is shown in the balance sheet at the full cost of acquisition or subsequent revaluation.
If the related assets are subject to restrictions by the grant making organisation on their use and disposal, then these restrictions are noted in the fixed asset section of these accounts. In such circumstances, the fixed asset fund created is treated as a restricted fixed asset fund. As the related assets are depreciated, then a transfer is made from restricted fixed asset funds to unrestricted revenue reserves to reflect the dimunition in the asset subject to the restriction.In this year,nothing has been transferred from restricted fixed asset funds to unrestricted revenue reserves.
If the related assets are not subject to restrictions by the grant making organisation on their use and disposal, then the fixed asset fund created is treated as a designated fixed asset fund. As the related assets are depreciated, then a transfer is made from designated fixed asset funds to unrestricted revenue reserves to reflect the dimunition in the asset.In this year, nothing has been transferred from designated fixed asset funds to unrestricted revenue reserves.
Any residual liability to the donor arising from, for example, the asset’s future sale, is disclosed as a contingent liability unless the event that would trigger repayment of the grant becomes probable in which case a liability for repayment is recognised
Insofar as this policy relates to Government grants and to the extent that it may be a departure from the Statement of Standard Accounting Practice Number 4, such departure is justified on the basis that it is in order to comply with the SORP.
18
**AL KHALIL EDUCATION & CULTURAL CENTRE Notes to the Accounts for the year ended 31 October 2022**
## 12 _**Taxation**_
As a registered charity, the organisation is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the charity , and is therefore included in the relevant costs in the Statement of Financial Activities.
## 13 _**Finance and operating leases**_
_Not applicable_
## **14 Winding up or dissolution of the charity**
If upon winding up or dissolution ofinsert text the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
|having similar objects to the charity.||
|---|---|
|**Revenue Turnover from ordinary activities**|258,847|
|**and after charging:-**||
|Independent Examiner's Fees|900|
Funds belonging to the charity have been used for the purchase of insurance to protect the charity from loss arising from the neglect or defaults of its trustees,employees or agents, or to indemnify its trustees,employees or agents, against the consequences of any neglect or default on their part. The sum expended on such insurance was as indicated in the above schedule
## **15 Statement that no expenses were paid to trustees or connected persons**
No expenses were paid to trustees or persons connected with them.
## **16 Detailed analysis of certain transactions required by the 2005 revision to the of Recommended Practice for Accounting and Reporting issued by the Cha Commissioners for England & Wales (effective April 2005 and revised June**
Various items of support costs and charitable expenditure which are required by the SORP to be disclosed in the notes to the accounts are set out in the Detailed Schedule to the Statement of Financial Activities.
19
**AL KHALIL EDUCATION & CULTURAL CENTRE Notes to the Accounts for the year ended 31 October 2022**
## **17 Material legacies that have been notified but not included in the Statement of Financial Activities**
Not applicable
## **18 Analysis of grants payable in furtherance of the charity's objects**
The funds have been given to Al-Khalil Education & Cultural Centre Bangladesh branch. In Bangladesh it operates various projects such as access to public health, literatures and education for the poors. Funds have been received from Al-Khalil Education and Cultural Centre UK. These monies were spent on following projects.
Access to public education £ 80,000.00 (Educational Building Project) Access to clean water £1,050.00 (Qurbani)/ Food donation in Tanzania £10,900.00
|**19 Staff Costs and Emoluments**
Gross Salaries
Employer's National Insurance
Pension Contributions
20 **Numbers of full time employees or full time equivalents**
Engaged on charitable activities
There were no employees .
There were no fees or other remuneration paid to the trustees.|**2022**
**£**
-
-
-
-
**2022**
-|
|---|---|
20
## **AL KHALIL EDUCATION & CULTURAL CENTRE Notes to the Accounts for the year ended 31 October 2022**
## **21 Trustees' Remuneration**
No trustees or persons connected received any remuneration.
## **22 Ex Gratia Payments**
Not applicable.None
**23 Heritage assets and contingent assets excluded from the Balance Sheet**
Not applicableNot applicable
21
## **AL KHALIL EDUCATION & CULTURAL CENTRE Notes to the Accounts for the year ended 31 October 2022**
## **24 Subsidiary undertakings**
Insert **Not** aA **pplicable** the detailsfor the reporting period.required by SORP350. Ensure that it is made clear how this figure is included the debtors note below
|**25 **|**Creditors: amounts falling due within one year**|**2022**|
|---|---|---|
|||**£**|
||Accrued expenses|5,902|
|**26 **|**Creditors :- Amounts Falling due after one year**|**2022**|
|||**£**|
||Kard E Hasana|21,093|
22
**AL KHALIL EDUCATION & CULTURAL CENTRE Notes to the Accounts for the year ended 31 October 2022**
## **27 Assets and liabilities held by the charity as an intermediary agent and not included in the Balance Sheet**
Not Applicable for the reporting period. Not applicable
## **28 Assets and liabilities held by the charity as an intermediary agent that are included in the Balance Sheet**
Not Applicable for the reporting period. Not applicable
## **29 Financial derivatives**
**Not** aA **pplicable** for the reporting period.
## **30 Related party transactions**
Please refer to notes on staff costs Emoluments
## **31 Analysis of the Net Movement in Funds**
**2022 £**
Net movement in funds from Statement of Financial Activities 101,992
The net resources applied on functional fixed assets and the net investment in programme related investments represents the cost of additions less proceeds of any disposals.
|**32 Particulars of Individual Funds and analysis**
**At 31 October 2022**
**Unrestricted**
**funds**
**£**
Tangible Fixed Assets
-
Current Assets
309,167
Current Liabilities
(5,902)
Long Term Liabilities
(21,093)
-
**£**
**At 1 November 2021**
**Unrestricted**
**funds**
Tangible Fixed Assets
-
Current Assets
206,274
Current Liabilities
(5,001)
Long Term Liabilities
(21,093)
-|**of assets and liabilities**
**Designated**
**Restricted**
**funds**
**funds**
**£**
**£**
-
-
-
-
-
-
-
-
-
282,172
**£**
**£**
**Designated**
**Restricted**
**funds**
**funds**
-
-
-
-
-
-
-
-
-
180,180|
|---|---|
23
**AL KHALIL EDUCATION & CULTURAL CENTRE Notes to the Accounts for the year ended 31 October 2022**
## **The individual funds included above are :-**
||**Funds at**|**Movements**|**Transfers**|
|---|---|---|---|
||**2021**|**in**|**Between**|
|||**Funds**|**funds**|
|||**as below**||
||**£**|**£**|**£**|
||180,180|101,992|-|
|**Analysis of movements in**|**funds as shown in the table above**
**Incoming**
**Outgoing**
**Resources**
**Resources**
**£**
**£**||**Gains &**
**Losses**
**£**|
||258,847|156,855|-|
24
**AL KHALIL EDUCATION & CULTURAL CENTRE Schedule to the Statement of Financial Activities for the year ended 31 October 2022**
|**Incoming Resources**
**Incoming Resources from generated funds**
**Government and public bodies**
**Incoming resources of a revenue nature**
Donations received
**Total**
**Total Grants,Legacies & Donations Received**|**Unrestricted Restricted**
**Total**
**Prior Period**
**Funds**
**Funds**
**Funds**
**Total Funds**
**2022**
**2022**
**2022**
**2021**
**£**
**£**
**£**
**£**
247,947
10,900
**258,847**
176,871
**247,947**
**10,900**
**258,847**
**176,871**
**247,947**
**10,900**
**258,847**
**176,871**|
|---|---|
||**-**
**-**
**-**
**-**|
|**Total Voluntary Income**
**247,947**
**10,900**
**258,847**
**176,871**
**Total Incoming Resources**
**247,947**
**10,900**
**258,847**
**176,871**
**Costs of generating funds**
**_Costs of generating voluntary income_**
Fundraising publicity
-
-
-
-
**64,000**
**-**
**64,000**
**51,000**
**Total costs of generating voluntary income**
**64,000**
**-**
**64,000**
**51,000**
**_Grantmaking to achieve the objects of the charity_**
**_Grants paid including Gift Aid payments_**
Grants paid as shown in the detailed schedule
-
-
-
-
**_Support costs for grants paid_**||
25
**AL KHALIL EDUCATION & CULTURAL CENTRE Schedule to the Statement of Financial Activities for the year ended 31 October 2022**
||**Unrestricted Restricted**|**Unrestricted Restricted**|**Total**|**Prior Period**|
|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Total Funds**|
||**2022**|**2022**|**2022**|**2021**|
||**£**|**£**|**£**|**£**|
|**Total Expended on Charitable Activities**|5|91,950|91,955|39,756|
|**_Governance costs that are not direct management functions inherent in_**|||**_generating_**||
|**_funds, service delivery and programme or project work_**|||||
|**_Specific governance costs_**|||||
|Independent Examiner's Fees|900|-|900|950|
|**Total governance costs**|**900**|**-**|**900**|**950**|
|The basis for the allocation of costs as shown above is explained in the accounting|||policies and the notes to the||
|accounts|||||
|**_A Detailed schedule of grants paid to achieve the objects of the charity_**|||||
|**Grants to Institutions**|-||**2022**
**£**
-
-|**2021**
**£**
-|
|**Total Institutional grants**|-|-|-|-|
|**Total grants to individuals**|-||-||
|**Total of all grants paid**|-|-|-|-|
26
**AL KHALIL EDUCATION & CULTURAL CENTRE Schedule to the Statement of Financial Activities for the year ended 31 October 2022**
|**Unrestricted **|**Restricted**|**Total**|**Prior Period**|
|---|---|---|---|
|**Funds**|**Funds**|**Funds**|**Total Funds**|
|**2022**|**2022**|**2022**|**2021**|
|**£**|**£**|**£**|**£**|
27
## **AL KHALIL EDUCATION & CULTURAL CENTRE**
## **Appendix 1**
## **Analysis of Total Incoming & Outgoing Resources by Activity for the year ended 31 October 2022**
|**_Incoming resources from generated funds_**
Voluntary Income
Activities for generating funds
Investment Income
**_Incoming resources from charitable activities_**
**_Other Incoming Resources_**
**Total Incoming Resources**
**_Costs of generating funds_**
Costs of generating voluntary income
Fundraising trading - costs of goods and other costs
Investment management costs
**_Costs of charitable activities_**
**_Governance costs_**
**_Other resources expended_**
**Total resources expended**
**Net Incoming Resources by activity**|**Students**
**Sponsorship**Qurbani
**2022**
**2021**
**Fundraising Building**
**Access to**
**Access to**
**Food, Water Cattle**
**Total**
**Total**
**Project**
**Literatures**
**Public Health Clothing**
**Farming**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
258,847
80,000
-
10,900
1,050
-
258,847
176,871
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
258,847
80,000
-
10,900
1,050
-
258,847
176,871
-
-
-
-
-
64,000
51,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
91,955
39,756
900
-
-
-
-
-
900
950
-
-
-
-
-
-
-
-
900
-
-
-
-
-
156,855
91,706
257,947
80,000
-
10,900
1,050
-
101,992
85,165|
|---|---|
28
## **AL KHALIL EDUCATION & CULTURAL CENTRE**
## **Appendix 2**
**Analysis of Total Support Costs by Activity for the year ended 31 October 2022**
|**Nature of support costs**
Management
Finance
Information Technology
Human Resources
**Total support costs analysed by activity**|**2022**
**2021**
**Fundraising**
**Building**
**Access to**
**Access to**
**Food, Water**
**Cattle**
**Total**
**Total**
**Project**
**Literatures Public Health**
**Clothing**
**Farming**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
|---|---|
29