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 - ## **Last Year**