| Legal and | administrative | administrative | information. | |
|---|---|---|---|---|
| Directors' | / Trustees' | Report . | ||
| Report of | the independent | examiners | to directors/trustees. | |
| Statement | ofFinancial | |||
| Activities. | . | |||
| Statement | of Financial | |||
| Position. | ||||
| Notes to the | ||||
| accounts. |
| Unrestricted | Restricted | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|---|
| INCOME AND EXPENDITURE | Notes | L | |||||
| INCOMING RESOURCES |
|||||||
| Voluntary Income |
5a | 64,788 | — | 64,788 | 71,406 | ||
| Incoming resources from Charitable |
activities | 6 | 64,400 | 152,251 | 216,65'I | 120,479 | |
| Other Income | 5b | 49,762 | — | 49,762 | |||
| Total Income | 178,950 | 152,251 | 331,201 | 191,885 | |||
| Cost ofgenerating m&luntary |
income | 7 | 1,693 | 1,693 | 1,120 | ||
| Fundraising Cost |
8 | 65,121 | 65,121 | 54,876 | |||
| Charitable Actiuties Cost |
9 | 166,763 | 166,763 | 139,765 | |||
| Governance and Support Cost |
10 | 53,158 | 53,158 | 48,952 | |||
| Total Resources Expended | 12 | 'I19,972 | 166,763 | 286,735 | 244,713 | ||
| NET INCOME /DEFICIT FOR THE YEAR | 58,978 | (14,512) | 44,466 | (52,828) | |||
| Fund Movement | 13 | (11,319) | 11,319 | ||||
| Fund as at 1 January 2020 |
(35,787) | 57,081 | 21,294 | 74,122 | |||
| Funds asat 31 December 2020 | 11,872 | 53,888 | 65,760 | 21,224 |
| GLOBAL AID TRUST UMITED | ||||
|---|---|---|---|---|
| (A COMPANY UMITEDBYGUARANTEE) | ||||
| STATEMENT OF FINANCIAL POSITION | ||||
| AS AT 31DECEMBER 2020 | ||||
| 2020 | 2019 | |||
| Notes | ||||
| Fixed Assets: | ||||
| Tangible Assets | 14 | 6,339 | ||
| Current Assets: | ||||
| Debtors &prepayments | 15 | 25,902 | ||
| Cash at Bank and in hand | 45,399 | 19,947 | ||
| 71,300 | 19,947 | |||
| Creditors: | ||||
| Amount falling due within one year |
16 | 5,540 | 4,992 | |
| Net Current Assets | 65,760 | 14,955 | ||
| 65,760 | 21,294 | |||
| Total Net Assets | 65 760 | |||
| Funds | ||||
| Unrestricted funds. General |
11,872 | (35,787) | ||
| Restricted Funds | 13 | 57,081 | ||
| Total Funds | 65260 | 21206 |
| for the year | ended 31 Decembe | r 2020 | |||||
|---|---|---|---|---|---|---|---|
| 7 | VOLUNTARY COST: | Unrestricted | Restricted | 2020 | 2019 | ||
| f | f | f | f | ||||
| General Admrts and Publicity |
854 | 854 | 1,120 | ||||
| Volunteers' expenses |
840 | 840 | |||||
| 1,693 | 1,693 | 1,120 | |||||
| 8 | FUNDRAI SING COST: |
Unrestricted | Restricted | 2020 | 2019 | ||
| f | f | f | f | ||||
| Fundraising appeals and |
admrts | 46,574 | 46,574 | 32,631 | |||
| Fundraising Staffexpenses |
18,547 | 18,547 | 22,245 | ||||
| 65,121 | 65,121 | 54,876 | |||||
| 9 | CHARITABLE ACTIVITIES | COST: | Unrestricted | Restricted | 2020 | 2019 | |
| f | f | f | |||||
| Salaries and employment | costs | 12,677 | 12,677 | 'l9,282 | |||
| Cataract and Health Project | 5,706 | ||||||
| Qurbani Project |
7,788 | 7,788 | 7,165 | ||||
| Q Factor | 10,117 | 10,117 | 15,300 | ||||
| Children Sponsorship |
59,756 | 59,756 | 29,868 | ||||
| Emergency-East Africa |
8,722 | 8,722 | 10,700 | ||||
| Winter Clothes Project | 18,975 | 18,975 | 353 | ||||
| Community Centre |
3,004 | ||||||
| Eid GIR Project | 4,003 | 4,003 | 2,281 | ||||
| Zakat 8 Fitra | 1,730 | ||||||
| Yemen | |||||||
| Helpfast | 888 | 888 | 17,670 | ||||
| Tubewell Project |
244 | ||||||
| Burma Projects | 7,064 | 7,064 | 10,843 | ||||
| Bangladesh | 36,773 | 36,773 | 15,618 | ||||
| 166,763 | 166,763 | 139,763 | |||||
| 10 | GOVERNANCE AND SUPPORT COST: |
Unrestricted | Restricted | 2020 | 2019 | ||
| f | f | ||||||
| AA~SAIUI IItt C2*tttt |
|||||||
| Salaries and employment |
costs | 8,687 | 8,687 | 10,669 | |||
| Rent, Rates and Water | 10,189 | 10,189 | 6,934 | ||||
| Insurance | 728 | 728 | 728 | ||||
| ITand Database Expenses | 6,292 | 6,292 | 6,633 | ||||
| Telephone, Internet 8 Utilities |
2,232 | 2,232 | 440 | ||||
| Printing/Postage/photocopying | 2,200 | 2,200 | 877 | ||||
| Bank and Credit Card Charges | 930 | 930 | 1,193 | ||||
| Sundry Oflice Expenses |
458 | ||||||
| Depreciation on FF and Equipment's |
6,338 | 6,338 | 8,175 | ||||
| 37,596 | 37,596 | 36,107 | |||||
| Salaries and Wages including |
E'er NIC | 5,791 | 5,791 | 7,113 | |||
| Rent, Rates and Water | 3,124 | 3,124 | 2,126 | ||||
| Telephone, Internet 8 Utilities |
684 | 684 | |||||
| Accountancy Fees |
3,600 | 3,600 | 2,000 | ||||
| Legal 8 Professional Fees |
799 | 799 | 20 | ||||
| Consultancy | 1,563 | 1,563 | 1,587 | ||||
| 15,562 | — | 15,562 | 12,845 | ||||
| Total Cost | 53,158 | - | 53,158 | 48,952 | |||
| Total Expenses | 119,972 | 166,763 | 286,735 | 244 711 |
| GLOBAL AID TRUST LIMITED | GLOBAL AID TRUST LIMITED | GLOBAL AID TRUST LIMITED | GLOBAL AID TRUST LIMITED | GLOBAL AID TRUST LIMITED | |||||
|---|---|---|---|---|---|---|---|---|---|
| ( A COMPANY LIMITED BYGUARANTEEj | |||||||||
| Notes | to the | financial statements | |||||||
| for the year ended | 31 December | 2020 | |||||||
| 11 PROJECT INCOME SUMMARY | Charitable | Activities | 2020 | 2019 | |||||
| Activities | Generating | HMRC | Voluntary | Total | Total | ||||
| Income | Income | JRS | Income | Income | income | ||||
| F | F | F | E | ||||||
| Zakat & Fitra | |||||||||
| Cataract and Health Project | 10,843 | 10,843 | 440 | ||||||
| Qurbani Project |
10,716 | 10,716 | 9,706 | ||||||
| Q Factor | 3,521 | 3,521 | 14,395 | ||||||
| Children Sponsorship |
83,449 | 83,449 | 37,383 | ||||||
| Bangladesh emergencies |
43,631 | 43,631 | 31,967 | ||||||
| Eid Gift Appeals | 4,003 | 4,003 | 40 | ||||||
| Winter Clothes Project | 18,975 | 18,975 | |||||||
| Helpfast | 3,321 | 3,321 | 16,222 | ||||||
| Tubewell project |
5,423 | 5,423 | 1,445 | ||||||
| Emergency East Africa |
25,930 | 25,930 | 6,518 | ||||||
| Burma Projects | 1,165 | 1,165 | 2,363 | ||||||
| Yemen | 5,675 | 5,675 | |||||||
| General and other Income |
49,762 | 64,788 | 114,550 | 71,406 | |||||
| 216,651 | — | 49,762 | 64,788 | 331,201 | 191,885 | ||||
| 12 PROJECT EXPENSES | Charitable | Charitable | FundraisingGovemance | 2020 | 2019 | ||||
| SUMMARY: | Activities | Staff | &Voluntaiy | & | Support | Total | Total | ||
| Expenses | Costs | Expenses | Expenses | Expenses | Expenses | ||||
| F | F | F | F | ||||||
| Zakat & Fitra Project | 1,730 | ||||||||
| Cataract and Health Project | 6,338 | 6,338 | 5,706 | ||||||
| Qurbani Project |
7,788 | 7,788 | 7,165 | ||||||
| Q Factor | 10,117 | 10,117 | 15,300 | ||||||
| Children Sponsorship |
59,756 | 59,756 | 57,306 | ||||||
| Bangladesh emergencies |
36,773 | 36,773 | 62,338 | ||||||
| Winter Clothes Project | 18,975 | 18,975 | 353 | ||||||
| Prayer Complex Project | 3,004 | ||||||||
| Eid Gift Appeals | 4,003 | 4,003 | 2,281 | ||||||
| Helpfast | 888 | 888 | 17,670 | ||||||
| Tubewell Project |
6,338 | 6,338 | 244 | ||||||
| Emergency-East | Afiica | 8,722 | 8,722 | 10,700 | |||||
| Burma Projects | 7,064 | 7,064 | 10,843 | ||||||
| General charitable | 66,814 | 53,158 | 119,972 | 50,072 | |||||
| 154,086 | 12,677 | 66,814 | 53,158 | 286,735 | 244,713 |
| 13 RESTRICTED FUND: | 13 RESTRICTED FUND: | 13 RESTRICTED FUND: | Opening | Incoming | Resources | Resources | Closing | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance | Resources | Expended | Transfer | Balance | ||||||
| f | f | F | f | |||||||
| Zakat 8 Fitra Project | 0 | |||||||||
| Cataract and Health | ProJect | 7,592 | 7,048 | 6,338 | 8,301 | |||||
| Qurbani Project |
7,788 | 7,788 | 0 | |||||||
| Q Factor | 2,641 | 10,117 | 7,476 | 0 | ||||||
| Children Sponsorship |
2,265 | 58,428 | 59,756 | 937 | ||||||
| Bangladesh General |
emergencies | 32,561 | 28,360 | 36,773 | 24,148 | |||||
| Helpfast | 2,261 | 888 | 1,373 | |||||||
| Eid Gift Appeals | 4,003 | 4,003 | 0 | |||||||
| Tube Well | 4,763 | 3,525 | 6,338 | 1,950 | ||||||
| Emergency- East Africa |
7,262 | 12,965 | 8,722 | 11,505 | ||||||
| Winter Clothes Project | 18,975 | 18,975 | 0 | |||||||
| Burma Project- Rohlngya | 2,639 | 583 | 7,064 | 3,843 | 0 | |||||
| Yemen | 5,675 | 5,675 | ||||||||
| 57,081 | 152,251 | 166,763 | 11,319 | 53,888 | ||||||
| 14 | TANGIBLE FIXED | ASSETS: | Furniture, | Fixtures | ||||||
| 8 | Equipment F |
Totalf | ||||||||
| Cost B/Fwd | 40,875 | 40,875 | ||||||||
| Addition | ||||||||||
| 40,875 | 40,875 | |||||||||
| Depreciation: | ||||||||||
| Charges B/Fwd |
34,537 | 34,537 | ||||||||
| Charge for the year | 6,338 | 6,338 | ||||||||
| 40,875 | 40,875 | |||||||||
| Net Book Value | ||||||||||
| As at 31 December | 2020 | |||||||||
| As at 31 December 2019 | 6,338 | 6,338 | ||||||||
| 15 | DEBTORS &P REPAYMENTS: | 2020 f |
2019f | |||||||
| Gift Aid accrued | 25,896 | |||||||||
| Other Debtors | 6 | |||||||||
| 25,902 | ||||||||||
| 16 | CREDITORS: AMOUNT | FALLING DUE WITHIN ONE YEAR | 2020 | 2019 | ||||||
| f | F | |||||||||
| Pension | 340 | 323 | ||||||||
| Accruals | 5,200 | 3,000 | ||||||||
| PAYE liabilities | 1,669 | |||||||||
| 5,540 | 4992 |