OpenCharities

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2022-03-31-accounts

Page
Trustees'
report
1-2
Independent
examiner's
report
Statement offinancial activities
Balance sheet
Notes to the financial statements 6-10

Unrestricted Unrestricted
funds funds
2022 2021
Notes 6 5
Income from:
Donations
and
legacies 3 33,300 51,504
~E*
Cht
Charitable
activities
4 30,725 47,088
Net income for the year/
Net movement in funds 2,575 4,416
Fund balances at 1 April 2021 74,527 70,111
Fund balances at 31 March 2022 77,102 74,527

The financial
statements
are prepared
in sterling,
w
amounts
in these financial statements
are rounded
to
hich
is the functional
currency
the nearest 8.
hich
is the functional
currency
the nearest 8.
of the charity.
Monetary
of the charity.
Monetary
of the charity.
Monetary
The financial
statements
have been prepared
under
the historical cost convention. The principal
accounting
policies adopted are set out below.
1.2 Going concern
At the time of approving
the financial
statements,
the
trustees
have a reasonable
expectation that the charity
has adequate
resources
to continue
in operational
existence
for the foreseeable
future. Thus the trustees
continue to adopt the going concern basis ofaccounting
in preparing
the financial
statements.
1.3 Charitable
funds
Unrestricted
funds
are available
for uss at the discretion
of the trustees
in furtherance
of their charitable
objectives.
Restricted
funds are subject to specific conditions
by
donors as to how they may be used. The purposes
and
uses ofthe restricted funds are set out in the notes to the financial statements.
Endowment
funds
are subject to specific conditions
by donors that the capital must be maintained
by the
charity.
Income
Income is recognised
when the charity is legally entitled to it after any performance
conditions have been met,
the amounts
can be measured
reliably, and it is probable that income will be received.

Grant Other costs Total Total
funding 2022 2021
2022 2022
6
Ramzan - food and drink 100
Charitable
expenditure
heading 2 11
Grants to individuals 24,912 24,912 44,202
Education support 377
Islamic help 1,000
24,912 24,912 45,690
Share ofgovernance costs (see note 5) 5,813 5,813 1,398
24,912 5,813 30,725 47,088
Support costs
Support Governance 2022 2021 Basis ofallocation
costs costs
6 6
Bank charges 32 32 60 Governance
Exchange difference 5,781 5,781 1,338 Governance
5,813 5,813 1,398
Analysed between
Charitable activities 5,813 5,813 1,398