Registered Charity Number :- 1133180
BISMILLAH CULTURAL CENTRE (AFGHAN COMMUNITY) FINANCIAL STATEMENTS
FOR THE YEAR END 31 March 2023
BISMILLAH CULTURAL CENTRE (AFGHAN COMMUNITY) Flat 3 1370 London Road
London
BC
BISMILLAH CULTURAL CENTRE (AFGHAN COMMUNITY)
CONTENTS
FOR THE YEAR ENDED 31 March 2023
BISMILLAH CULTURAL CENTRE (AFGHAN COMMUNITY)
BC
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 March 2023
| Recommended categories by activity Notes Incoming resources Income and endowments from: Donations and legacies 2 Investments 3 Total Resources expended Expenditure on: Raising funds 4 Charitable activities 5 Total Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds £ Total Funds 2023 £ Total Funds 2022 £ 97,797.67 97,797.67 48,259.50 27.51 27.51 - |
|---|---|
| 97,825.18 97,825.18 48,259.50 |
|
| 40,854.85 40,854.85 30,893.00 36,670.17 36,670.17 20,797.94 |
|
| 77,525.02 77,525.02 51,690.94 |
|
| 20,300.16 20,300.16 (3,431.44) 20,300.16 20,300.16 (3,431.44) |
|
| 20,300.16 20,300.16 (3,431.44) (3,431.44) (3,431.44) - |
|
| 16,868.72 16,868.72 (3,431.44) |
BISMILLAH CULTURAL CENTRE (AFGHAN COMMUNITY)
FOR THE YEAR ENDED 31 March 2023
BALANCE SHEET
BC
| Recommended categories by activity Notes Fixed assets Tangible assets 7 Total fixed assets Current assets Cash at bank and in hand 8 Total current assets Total assets less current liabilities Total net assets or liabilities Funds of the Charity Unrestricted funds 9 Restricted income funds 9 Endowment funds 9 Revaluation reserve Total funds |
Unrestricted funds £ Total Funds 2023 £ Total Funds 2022 £ 107,980.00 107,980.00 95,000.00 |
|---|---|
| 107,980.00 107,980.00 95,000.00 |
|
| 15,377.31 15,377.31 8,057.15 15,377.31 15,377.31 8,057.15 |
|
| 123,357.31 123,357.31 103,057.15 |
|
| 123,357.31 123,357.31 103,057.15 |
|
| 16,868.72 16,868.72 (3,431.44) - - - - 90,000.00 90,000.00 90,000.00 |
|
| 106,868.72 106,868.72 86,568.56 |
The financial statements were approved by the Board on 31-Mar-2023 and signed on its behalf by:
MOHAMMAD ZAHIRSHAH Trustee
BISMILLAH CULTURAL CENTRE (AFGHAN COMMUNITY)
BC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2023
1 Accounting Policies
1.1 Accounting Policies
1.2 Basis of preparation
1.3 Going concern
2 Income from Donations and Legacies
| Unrestricted funds |
Restricted income funds |
Endowment funds |
Total funds 2023 |
Total funds 2022 |
|
|---|---|---|---|---|---|
| Analysis | £ | £ | £ | £ | £ |
| Donation and gifts | 97,797.67 | - | - | 97,797.67 | 48,259.50 |
| 97,797.67 | - | - | 97,797.67 | 48,259.50 | |
| 3 Income from | Investments | ||||
| Unrestricted funds |
Restricted income funds |
Endowment funds |
Total funds 2023 |
Total funds 2022 |
|
| Analysis | £ | £ | £ | £ | £ |
| Interest income | 27.51 | - | - | 27.51 | - |
| 27.51 | - | - | 27.51 | - |
3 Income from Investments
4 Expenditure on Raising Funds
Total funds 2023 Total funds 2022 Analysis £ £ Rent collection, property repairs and maintenance 34,869.85 charges Wages and salaries 5,985.00
30,893.00
BISMILLAH CULTURAL CENTRE (AFGHAN COMMUNITY)
BC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2023
40,854.85 30,893.00
5 Expenditure on Charitable Activities
| Analysis Charity running cost Cost of services Donations Advertising and marketing Bank charges Support Costs |
Total funds 2023 Total funds 2022 £ £ 3,811.31 996.90 14,800.00 17,760.00 15,130.00 - 34.10 34.10 1,814.76 2,006.94 1,080.00 - |
|---|---|
| 36,670.17 20,797.94 |
6 Support Costs
| Analysis Governance Costs Accountants fees |
Total funds 2023 Total funds 2022 £ £ 1,080.00 - |
|---|---|
| 1,080.00 - |
7 Tangible Fixed Assets
7.1 Cost or valuation
| At 01 April 2022 Additions Disposals Revaluations Transfers At 31 March 2023 |
Freehold Land & Buildings Fixtures & Fittings £ £ 95,000.00 - - 12,980.00 - - - - - - |
|---|---|
| 95,000.00 12,980.00 |
BISMILLAH CULTURAL CENTRE (AFGHAN COMMUNITY)
BC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2023
7.2 Amortisation and impairments
| At 01 April 2022 Additions Disposals Revaluations Transfers At 31 March 2023 |
Freehold Land & Buildings Fixtures & Fittings £ £ - - - - - - - - - - |
|---|---|
| - - |
7.3 Net book value
| At 01 April 2022 At 31 March 2023 |
Freehold Land & Buildings Fixtures & Fittings £ £ 95,000.00 - |
|---|---|
| 95,000.00 12,980.00 |
8 Cash at bank and in hand
| Cash at bank and on hand | Total funds 2023 Total funds 2022 £ £ 15,377.31 8,057.15 |
|---|---|
| 15,377.31 8,057.15 |
9 Charity funds
9.1 Details of material funds held and movements during the CURRENT reporting period
| Fund names Unrestricted funds General Fund Total |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ |
|---|---|
| (3,431.44) 97,825.18 (79,472.02) - - 14,921.72 |
|
| (3,431.44) 97,825.18 (79,472.02) - - 14,921.72 |
BISMILLAH CULTURAL CENTRE (AFGHAN COMMUNITY)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2023
BC
9.2 Details of material funds held and movements during the PREVIOUS reporting period
| Fund names Unrestricted funds General Fund |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ |
|---|---|
| (3,431.44) 97,825.18 (79,472.02) - - (14,921.72) |
|
| Total | (3,431.44) 97,825.18 (79,472.02) - - (14,921.72) |
9.3 Transfers between funds
This Year
Amount £ Between unrestricted and restricted funds - Between endowment and restricted funds - Between endowment and unrestricted funds - Last Year Amount £ Between unrestricted and restricted funds - Between endowment and restricted funds - Between endowment and unrestricted funds -