2021-04-30-accounts - Greensville Trust

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			Page
Reference and Administrative Details
Report ofthe Trustees		2	to	9
Report ofthe Independent Auditors		10	to	12
Statement of Financial	Activities		13
Statement ofFinancial	Position	14	to	15
Statement of Cash Flows			16
Notes to the Statement	ofCash Flows		17
Notes to the Financial	Statements	18	to	25

Trustees			Mr S H Bukhari (resigned 30.6.21)	Mr S H Bukhari (resigned 30.6.21)
			Mr M A Rasul (resigned 30.6.21)
			Dr H Shrouti
			Mr M A Siddiq
			Mr R M Akeel (appointed 1.07.2021)
			Mr M Y Ali (appointed 1.07.2021)
Company	secretary		Mr K Meah
Registered	office		Felicity House
			Northdale Road
			Liverpool
			L154HT
Registered	company	number	05421849
Registered	charity number		1134323
Auditors			Riley Moss Audit LLP (Statutory	Auditor)
			Riley House
			183-185North Road
			Preston
			Lancashire
			PR1 1YQ

Strategic report	Strategic report
Achievement	and	performance
Courses
Name		Micro-Madrasa
		A weekend school of Islamic literacy that aims to impart orthodox									and holistic
		teachings at a rudimentary		level over the course ofthree years. For more								info,
Description		please visit: http: //www.	greensvilletrust. org/micromadrasa/
First took place		2007
Locations		Liverpool (Saturday) &	Huddersfield (Sunday)
Dates		September to May
Target Audience		Adults
Numbers		250-300 students (over	the	two locations)	in one academic			year
		Students come from mainly		the north, but	we	have a	few students				that come from
		the midlands and down	south. Students come from different						ethnicities and
		backgrounds. They include		professionals,	students, self-employed,						unemployed,
Other		etc.
		Due to Covid outbreak	and	the associated	restrictions		starting			in March 2020,
Notes		these classes were moved		online for part	ofthe year.
Name		Arabic Madrasa
		A part-time evening course		where students	can learn		to read,			write and converse
Description		in the Arabic language.
First took place		September 2015
Locations		Liverpool (Mondays & Fridays), Huddersfield				(Sundays)
Dates		September to May
Target Audience		Adults
Numbers		15-20students
		Students come from the north, typically from				Merseyside,		Greater			Manchester,
Other		Lancashire &Yorkshire.
		Due to Covid outbreak	and	the associated	restrictions		starting			in March 2020,
Notes		these classes were moved		online for part	ofthe year.
Name		Rawda (After School)
		An after-school provision where children learn to read the						Quran,			write and
		converse in the Arabic	language, learn basic			Jurisprudence			(Fiqh), Calligraphy				and
Description		Prophetic sports.
First took place		September 2017
Locations		Liverpool (Monday - Friday		16.30-18.30)
Dates		September to July
Target Audience		Children aged 7+
		Each class has a maximum		of15students.	4	classes	in total		(57		students
Numbers		2020-21).
Other		Students come from Liverpool, Wirral and			Warrington.
		Due to Covid outbreak	and	the associated	restrictions		starting			in March 2020,
Notes		these classes were moved		online for part	ofthe year.
Name		Essentials of Islam
		A course designed for young adults to learn the fundamentals								oftheir religion as it
Description		relates to their Beliefs,	Islamic law, the Prophetic life				story	and etiquettes				before
		the Divine. The course	also	runs online.
First took place		October 2018
Locations		Saturday Bradford: 10:30to 12:30
		Sunday Liverpool: 10:30to		12:30
Dates		October to July
Target Audience		18+
Numbers		Circa 150students

						2021	2020
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes	f
Income and endowments		from
Donations and legacies			2	3,421,363		3,421,363	632,461
Other charitable activities			3	402,097		402,097	444,341
Investment	income		4	24,353		24,353	25,724
Total				3,847,813		3,847,813	1,102,526
Expenditure	on
Charitable	activities
Governance	costs
Charitable activities				678,313	12,546	690,859	621,014
Total				678,313	12,546	690,859	621,014
NET INCOME/(EXPENDITURE)				3,169,500	(12,546)	3,156,954	481,512
Reconciliation offunds
Total funds	brought forward			1,457,130	538,872	1,996,002	1,514,490
Total funds	carried forward			4,626,630	526,326	5,152,956	1,996,002

					2021	2020
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
	Notes		6	6
Fixed assets
Tangible assets		10	32,481	526,326	558,807	566,268
Investments
Investments		11	200		200	200
Investment property		12	411,605		411,605	411,605
			444,286	526,326	970,612	978,073
Current assets
Debtors		13	411,158		411,158	118,583
Cash at bank			5,233,592		5,233,592	985,965
			5,644,750		5,644,750	1,104,548
Creditors
Amounts falling due within	one year	14	(892,406)		(892,406)	(86,619)
Net current assets			4,752,344		4,752,344	1,017,929
Total assets less current	liabilities		5,196,630	526,326	5,722,956	1,996,002
Creditors
Amounts fafiing due after	more than one year	15	(570,000)		(570,000)
NET ASSETS			4,626,630	526,326	5,152,956	1,996,002
Funds		17
Unrestricted funds					4,626,630	1,457,130
Restricted funds					526,326	538,872
Total funds					5,152,956	1,996,002

	Notes	2021 6	2020 f
Cash flows from operating activities Cash generated from operations	1	2,892,274	526,500
Net cash provided by operating activities		2,892,271	526,500
Cash flows from investing activities
Purchase cftangible fixed assets		(15,000)
Purchase cfinvestment property			(411,605)
Interest received		353	1,724
Net cash used in investing activities		~)4,647)	~499,881)
Cash flows from financing activities
New loans in year		1,370,000
Net cash provided by financing activities		1,370,000
Change in cash and cash equivalents in the reporting period		4,247,627	116,619
Cash and cash equivalents at the
beginning ofthe reporting period		985,965	869,346
Cash and cash equivalents at the end ofthe reporting period		5,233,592	985,965

1.	Reconciliation of net	Reconciliation of net	Reconciliation of net	income	to	net cash flow	from operating	from operating	activities
									2021 f.	2020 f
	Net income for the Financial Activities)		reporting		period (as per the Statement			of	3,156,954	481,512
	Adjustments	for:
	Depreciation	charges							22,461	22,198
	Interest received								(353)	(1,724)
	(Increase)/decrease Increase/(decrease)		in in	debtors creditors					(292,578) 5,700	26,744 ~2,230
	Net cash provided		by	operations					2,892,274	526,500
2.	Analysis of	changes		in net funds
							At 1.5.20 f		Cash flow f	At 30.4.21 f
	Net cash
	Cash at bank						985,965		4,247,627	5,233,592
							985,965		4,247,627	5,233,592
	Debt
	Debts falling	due within		and after		1 year			r, 370,000)	~1,370,D00
									11,37D, DDO)	~1.370,000)
	Total						985,965		2,877,627	3,863,592

Donations and legacies
		2021	2020
Donations		3,394,218	632,461
Grants		27,145
		3,421,363	632,461
Grants received, included	in the above, are as follows:
		2021	2020
		6	8
Other grants		27,145

Other charitable	activities
		2021	2020
Fees, events and	course income	392,156	440,080
Sponsorships		9,941	4,261
		402,097	444,341

4.	Investment	income
				2021	2020
				6	6
	Income from property Interest receivable			24,000 353	24,000 1,724
				24,353	25,724
5.	Charitable	activities costs
				Support
			Direct	costs (see
			Costs	note 6)	Totals
				6	6
	Charitable	activities	593,458	97,401	690,859

Support	costs
		Management	Finance	costs	Totals
		6			6
Charitable	activities	68,804	6,964	21,633	97,401

Management
		2021	2020
		Charitable	Total
		activities	activities
		K
Postage and Professional	stationery fees	4,537 33,034	3,519 10,920
Cleaning Depreciation	on tangible asset	8,772 22,461	13,678 22,198
		68,804	50,315

Support costs Finance	- continue	d
			2021	2020
			Charitable	Total
			activities f	activities 8
Rates and water			950	2,981
Insurance			1,042	1,160
Bank charges			4,972	1,629
			6,964	5,770
Net income/(expenditure)
Net income/(expenditure)		is stated alter charging/(crediting):
			2021 6	2020 f
Auditors' remuneration			7,200	6,600
Depreciation —owned assets			22,461	22,198
Hire ofplant and	machinery		6,242	5,708
Other operating	leases		2,520	1,800

Staff	costs
		2021	2020
			6
Wages	and salaries	191,499	169,345
Social	security costs	16,870	13,242
Other	pension costs	43,695	4,717
		252,064	187,304

2021	2020
11	9

Tangible fixed assets
			Fixtures
	Freehold		and		Motor	Computer
	property 6		fittings 6		vehicles 6	equipment 6	Totals 6
Cost
At 1 May 2020	627,310		72,875		22,371	12,383	734,939
Additions					15,000		15,000
At 30 April 2021	627,310		72,875		37,371	12,383	749,939
Depreciation
At 1 May 2020		75,276	62,070		19,222	12,103	168,671
Charge for year		12,546	2,161		7,474	280	22,461
At 30 April 2021		87,822	64,231		26,696	12,383	191,132
Net book value
At 30 April 2021	539,488		8,644		10,675		558,807
At 30 April 2020	552,034		10,805		3,149	280	566,268
Fixed asset investments
							Shares in
							group
							undertakings
							6
Market value
At 1 May 2020 and 30 April	2021						200
Net book value
At 30 April 2021							200
At 30April 2020							200
There were no investment	assets	outside the United		Kingdom.	Refer note	18.
Investment property
Fair value
At 1 May 2020 and 30 April 2021							411,605
Net book value
At 30April 2021							411,605
At 30April 2020							411,605

13.	Debtors: amounts	Debtors: amounts	falling due within one year	falling due within one year	falling due within one year
							2021	2020
							f	6
	Other debtors						338,499	93,465
	Fees receivable						72,659	25,118
							411,158	118,583
14.	Creditors: amounts			falling due within one year
							2021	2020
								6
	Trade creditors						8,998	6,539
	Socialsecurity Other creditors	and	other taxes				4,014 63,238	61,790
	Loans						800,000
	Wages payable						5,356	8,090
	Accruals and deferred			income			10,800	10,200
							892,406	86,619
15.	Creditors: amounts			falling due after more than one year
							2021	2020
								6
	Loans (see note 16)						570,000
16.	Loans
	An analysis ofthe maturity of				loans is given below:
							2021	2020 f
	Amounts falling	due	between		two and five years:
	Loans —2-5years						570,000
17.	Movement in funds
							Net
							movement	At
						At 1.5.20 8	in funds	30.4.21 f
	Unrestricted funds
	Unrestricted fund					1,457,130	3,169,500	4,626,630
	Restricted funds
	Restricted fund					538,872	(12,546)	526,326
	TOTAL FUNDS					1,996,002	3,156,954	5,152,956

Movement in funds -continued	Movement in funds -continued	Movement in funds -continued
Net movement in funds, included			in the above	are as	follows:
					Incoming	Resources	Movement
					resources f	expended f	in funds f
Unrestricted funds
Unrestricted fund					3,847,813	(678,313)	3,169,500
Restricted funds
Restricted fund						(12,546)	(12,546)
TOTAL FUNDS					3.842,813	~690.859)	3,158.954
Comparatives for movement		in	funds
						Net
						movement	At
					At 1.5.19 f	in funds f	30.4.20
Unrestricted funds
Unrestricted fund					963,072	494,058	1,457,130
Restricted funds
Restricted fund					551,418	(12,546)	538,872
TOTAL FUNDS					1,514,490	481,512	1,996,002
Comparative net movement	in	funds, included		in the above are as follows:
					Incoming	Resources	Movement
					resources f	expended	in funds f
Unrestricted funds
Unrestricted fund					1,102,526	(608,468)	494,058
Restricted funds
Restricted fund						(12,546)	(12,546)
TOTAL FUNDS					1,102,526	~62),0)4)	481,512