2022-12-31-accounts - Global Aid Trust Limited

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Legal and	administrative	administrative	information
Directors'	ITrustees'	Report.			.4-7
Report of	the independent		examiners	to directors/trustees.	8-9
Statement	of Financial
Activities.					10
Statement	of Financial
Position.
Notes to the
accounts.					.12-17

				Unrestricted	Restricted	2022	2021
INCOME AND EXPENDITURE			Notes	f	E	E
INCOMING RESOURCES
Voluntary Income			5a	16,596		16,596	16,647
Incoming resources from Charitable		activities	6	45,112	106,805	151,917	149,484
Other income			5b				16,415
Totallncome				61,708	106,805	168,513	182,546
Cost ofgenerating voluntary	income		7	17,034		17,034	10,770
Fundraising Cost			8	41,483		41,483	27,791
Charitable Activities Cost			9		116,182	116,182	101,623
Governance and Support Cost			10	36,057		36,057	31,015
Total Resources Expended			12	94,574	116,182	210,756	171,198
NET INCOME /DEFICIT FOR THE YEAR				(32,866)	(9,377)	(42,243)	11,348
Fund Movement			13
Fund asat1 January 2022				19,881	57,227	77,108	65,760
Funds as at 31 December	2022			12,985	47,850	34,865	77,108

			for the year	ended 31 December	2022
7	VOLUNTARY COST:			Unrestricted	Restricted	2022	2021
				F	F	F	F
	General Adverts and Publicity			16,634		16,634	6,970
	Volunteers' expenses			400		400	3,800
				17,034		17,034	10,770
8	FUNDRAISING COST:			Unrestricted	Restricted	2022	2021
				f	F		E
	Fundraising appeals and adverts Fundraising Staff and other expenses			24,950 16,533		24,950 16,533	15,000 12,791
				41,483		41,483	27,791
9	CHARITABLE ACTIVITIES COST:			Unrestricted F	Restricted F	2022	2021 f
	Salaries and employment	costs
	Cataract and Health Project				11,701	11,701	511
	Qurbani Project				13,003	13,003	5,005
	Q Factor
	Children Sponsorship				32,848	32,848	55,930
	Emergency-East Africa						8,899
	Winter Clothes Project				1,434	1,434	3,444
	Mosque project				7,185	7,185	14,588
	Eid Giit Project				2,896	2,896	2,678
	House build project				20,364	20,364	5,437
	Helpfast				6,063	6,063	4,130
	Tubewell Project				4,966	4,966	1,002
	Burma Projects
	Bangladesh				15,723 116,182	15,723 116,182	101,623
10	GOVERNANCE AND SUPPORT COST:			Unrestricted	Restricted	2022	2021
				F		F	F
	Salaries and employment Rent, Rates and Water	costs		9,437 11,160		9,437 11,160	4,480 7,920
	Insurance
	ITand Database Expenses
	Telephone, Internet 8 Utilities			1,485		1,485	1,715
	Printing/Postage/photocopying			384		384
	Bank and Credit Card Charges			47		47
	Sundry OIIice Expenses			461		461	1,368
	Depreciation on FF and Equipment's
				22,974		22,974	15,483
	B Governance Cost
	Salaries and Wages including		E'er NIC	6,292		6,292	6,869
	Rent, Rates and Water			3,720		3,720	2,640
	Telephone, Internet 8 Utilities			495		495	572
	Accountancy Fees			1,600		1,600	1,600
	Legal 8 Professional Fees			976		976	416
	Consultancy						3,436
				13083	-	13083	15,533
	Total Cost			36,057	—	36,057	31,015
	Tota I Expenses			94,574	116,182	210756	171 198

						GLOBAL AID TRU	GLOBAL AID TRU	GLOBAL AID TRU	ST LIMITED	ST LIMITED	ST LIMITED
						( A COMPANY LIMITED			BYGUARANTEE)
						Notes to the financial			statements
						for the year ended		31	December	2022
11	PROJECT INCOME SUMMARY					Charitable	Activities					2022	2021
						Activities	Generating		HMRC	Voluntary		Total	Total
						Income	Income		JRS	Income		Income	Income
						E	E		F		F		F
	Zakat &	Fitra				15,140						15,140
	Cataract	and Health Project				10,756						10,756	1,691
	Qurbani	Project				18,526						18,526	5,232
	Q Factor					1,016						1,016	1,512
	Children	Sponsorship				70,780						70,780	82,516
	Bangladesh emergencies				r								6,508
	Eid Gift	Appeals				2,209						2,209	4,553
	Winter Clothes		Project			3,869						3,869	2,423
	Helpfast					6,411						6,411	6,798
	Tubewell	project				1,530						1,530	1,858
	Emergency East			Africa		589						589	10,161
	Burma Projects
	Yemen												685
	House building		project			18,003						18,003	7,633
	Mosque	project				3,089						3,089	17,915
	General	and other		Income							16,596	16,596	33,062
						151,917					16,596	168,513	182,546
12	PROJECT EXPENSES					Charitable	Charitable	Fundraising		Governance		2022	2021
	SUMMARY:					Activities	Staff	&	Voluntary	&	Support	Total	Total
						Expenses	Costs	Expenses		Expenses		Expenses	Expenses
									F		F	F	F
	Zakat &	Fitra Project
	Cataract	and Health Project				11,701						11,701	511
	Qurbani	Project				13,003						13,003	5,005
	Q Factor
	Children	Sponsorship				32,848						32,848	55,930
	Bangladesh emergencies					15,723						15,723
	Winter Clothes		Project			1,434						1,434	3,444
	Prayer Complex		Mosque Project			7,135						7,185	14,588
	House building		project			20,364						20,364	5,437
	Eid Gift	Appeals				2,896						2,896	2,678
	Helpfast					6,063						6,063	4,130
	Tubewell Project Emergency-East			Africa		4,966						4,966	1,002 8,899
	Yamen	Projects
	General	charitable							58,517		36,057	94,574	69,576
						116,182			58,517		36,057	210,756	171,199

13	RESTRICTED FUND:	RESTRICTED FUND:	RESTRICTED FUND:		Opening	Opening	Incoming	Resources	Resources			Closing
					Balance		Resources	Expended		Transfer		Balance
					F		F	F				f
	Zakat & Fitra Project
	Cataract and Health		Project		8,889		6,991	11,701				4,179
	Qurbani Project						13,003	13,003				0
	Q Factor				1,134		762					1,896
	Children Sponsorship				2,	768	49,545	32,848		(1,280)		18,185
	Bangladesh General/emergencies				25,403		9,841	15,723			6,360	25,881
	Helpfast				1,866		4,359	6,063				162
	Eid Gift Appeals					964	2,209	2,896				277
	Tube Well				2,	156	1,530	4,966			1,280
	Waterwell- East Africa				7,687		589					8,276
	Winter Clothes	Project					2,902	1,434				1,468
	House building	project					12,602	20,364				(7,762)
	Mosque project						2,471	7,	185			(4,714)
	Yemen				6,360					(6,360)
					57,227		106,805	116,182				47,849
14	TANGIBLE FIXEDASSETS:								Furniture,		Fixtures
									&	Equipment		Total
											E
	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		2022
	As at 31 December 2021
15	DEBTORS K PREPAriviENTS:									nnnn 4'V4' 4'-		nnn 4 C.UC. I
											F
	Gift Aid accrued										8,396	25,896
	Other Debtors											6
											8,398	25,902
16	CREDITORS: AMOUNT			FALLING DUE WITHIN ONE YEAR						2022		2021
												F
	Pension
	Accruals										2,700	4,700
	Wage and PAYE										485	1,512
											3,185	6,212

			for the year ended 31 December 2	022
STAFF EMOLUMENTS:				2022	2021
				F	E
Total wages and	salaries			28,700	24,280
Employer's NIC
Pension costs				433		245
				29,133	24,	525
Direct Charitable					12,791
Others				29,133	11,734
				29,133	24,	525
Avg No ofemployees:		Admin
Avg No ofemployees:		Charitable	8 Fundraising
Employees paid	in excess of260,000 during the current year
and previous year				None	None

								2022	2021
Name			Position	Supplier		Service		f	f
ASM	Ashraf	Mahmud	Trustee	ITAnywhere	(AZ) Ltd	IT Maintenance			5,162
							Tota I		5,162