2023-04-30-accounts - Greensville Trust

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				Page	Page
Reference and Administrative		Details
Report ofthe Trustees			2	to	7
Report ofthe Independent Auditors			8	to	10
Statement of Financial	Activities
Statement of Financial	Position		12	to	13
Statement ofCash Flows				14
Notes to the Statement	ofCash	Flows		15
Notes to the Financial	Statements		16	to	24

Trustees			Dr H Shroufi
			Mr M A Siddiq
			Mr R M Akeel
			Mr M YAli
Company	secretary		Mr K Meah
Registered	offic		Felicity House
			Northdale Road
			Liverpool
			L154HT
Registered	company	number	05421849
Registered	charity number		1134323
Auditors			Xeinadin Audit	Ltd (Statutory	Auditor)
			100Barbirolli Square
			Manchester
			M2 3BD

Achievement and Courses Main Courses	performance
Name	Micro-Madraea
	A weekend school of Islamic literacy that aims to impart	orthodox	and holistic
Description	teachings at a rudimentary level over the course ofthree visit: http //www. greensvilletrust. org/micromadrasa/	years. For more info, please
First took place	2007
Locations Dates	Liverpool (Saturday) & Bradford (Sunday) September to May
Target Audience	Adults
Numbers	Circa 350 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
Other	midlands and down south. Students come from different ethnicities and backgrounds. They include professionals, students, self-employed, unemployed, etc. The Micro Madrasa continues to be a success, numbers within Bradford have now
Notes	reached capacity, with more and more interest in the course.

Name	Arabic Madrasa
	A part-time evening	course where students				can learn to		read, write		and converse		in
Description	the Arabic language.
First took place	September 2015
Locations Dates	Liverpool (Mondays September to May	8 Fridays), Bradford			(Sundays)
Target Audience	Adults
Numbers	100+students
Other	Students come from	the	north
	The Arabic Language	course		has also been		a success,		with student		numbers	growing
Notes	including both classroom		and	online delivery.
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 Prophetic
Description	sports.
First took place	September 2017
Locations	Liverpool (Monday - Friday 16.30-18.30)
Dates	September to July
Target Audience	Children aged 7+
Numbers	There were five classes		in total (with a total of60				students).
Other	Students come from	Liverpool,		Wirral and Warrington.

							2023	2022
					Unrestricted	Restricted	Total	Total
					fund	fund	funds	funds
				Notes	F	6	6
Income and endowments			from
Donations	and legacies			2	2,526,793		2,526,793	2,385,277
Other charitable activities				3	950,757		950,757	530,603
Investment	income			4	41,689		41,689	25,171
Total					3,519,239		3,519,239	2,941,051
Expenditure on
Raising funds				5	11,988		11,988
Charitable	activities			6
Charitable	activities				2,641,647		2,641,647	1,691,207
Total					2,653,635		2,653,635	1,691,207
NET INCOME					865,604		865,604	1,249,844
Reconciliation offunds
Total funds	brought	forward			5,876,474	526,326	6,402,800	5,152,956
Total funds	carried	forward			6,742,078	526,326	7,268,404	6,402,800

						2023	2022
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes	6	f		6
Fixed assets
Tangible assets			11	4,425,022	526,326	4,951,348	4,954,932
Investments
Inve atm ents			12	500		500	200
Investment	property		13	411,605		411,605	411,605
				4,837,127	526,326	5,363,453	5,366,737
Current assets
Stocks			14	52,369		52,369
Debtors			15	274,450		274,450	241,779
Cash at bank and in hand				2,944,220		2,944,220	2,764,471
				3,271,039		3,271,039	3,006,250
Creditors
Amounts falling due within		one year	16	(71,088)		(71,088)	(175,187)
Net current	assets			3,199,951		3,199,951	2,831,063
Total assets	less current	liabilities		8,037,078	526,326	8,563,404	8,197,800
Creditors
Amounts falling due after		more than one year 17		(1,295,000)		(1,295,000)	(1,795,000)
NET ASSETS				6,742,078	526,326	7,268,404	6,402,800
Funds			19
Unrestricted	funds					6,742,078	5,876,474
Restricted funds						526,326	526,326
Total funds						7,268,404	6,402,800

			Notes	2023 E	2022 f
Cash flows from operating		activities
Cash generated from operations			1	734,514	1,649,107
Net cash provided by operating activities				734,514	1,649,107
Cash flows from investing		activities
Purchase oftangible fixed assets				(172,054)	(4,544,399)
Purchase offixed asset investments				(300)
Interest received				17,589	1,171
Net cash used in investing	activities			(154,765)	(4,543,228)
Cash flows from financing		activities
New loans in year					1,225,000
Loan repayments in year				(400,000)	(800,000)
Net cash (used in)/provided		by financing	activities	(400,000)	425,000
Change in cash and cash		equivalents
in the reporting period				179,749	(2,469,121)
Cash and cash equivalents		at the
beginning ofthe reporting		period		2,764,471	5,233,592
Cash and cash equivalents		at the end
ofthe reporting period				2,944,220	2,764,471

Reconciliation of net Income	Reconciliation of net Income	Reconciliation of net Income	Reconciliation of net Income	to net cash flow from operating	activities	activities
						2023	2022
							6
Net Income	for the		reporting	period (as per the Statement of
Financial Activities)						865,604	1,249,844
Adjustments	for:
Depreciation	charges					175,638	148,274
Interest received						(17,589)	(1,171)
Loan transferred to donation						(100,000)
Increase in stocks						(52,369)
(Increase)/decrease			in debtors			(32,671)	169,379
(Decrease)fincrease			in creditors			(104,099)	82,781
Net cash provided		by operations				734,514	1,649,107
Analysis of	changes		In net funds
				At 1.5.22		Cash flow	At 30.4.23
					8	6	6
Net cash
Cash at bank	and in	hand		2,764,471		179,749	2,944,220
				2,764,471		179,749	2,944,220
Debt
Debts falling	due after 1 year			(1,795,000)		500,000	(1,295,000)
				(1,795,000)		500,000	(1,295,000)
Total				969,471		679,749	1,649,220

Donations and	legacies
			2023	2022
Donations			2,526,793	2,368,263
Grants				17,014
			2,526,793	2,385,277
Grants received,	included	in the above, are as follows.
			2023	2022
				6
Other grants				17,014

Other charitable	Other charitable	activities
			2023	2022
			E	6
Fees, events	and	course income	885,985	501,603
Sponsorships			50,950	29,000
Other trading	income		13,822
			950,757	530,603

Investm	ent income
		2023	2022
		6	5
Income	from property	24,100	24,000
Interest	receivable	17,589	1,171
		41,689	25,171

			2023	2022
			f	E
Purchases			92,750
Closing stock			(52,369)
Gift to donors			(28,393)
			11,988
Charitable	activities costs
			Support
		Direct	costs (see
		Costs	note 7)	Totals
		F	F	E
Charitable	activities	1,828,111	813,536	2,641,647

Support c	o	sts
						Governance
				Management	Finance	costs	Totals
				6	K	F	5
Charitable	activities			775,833	15,401	22,302	813,536
Support costs, included			in the above,	are as follows:
Management
						2023	2022
						Charitable	Total
						activities f	activities 8
Rates and water						82,588	51,219
Insurance						6,755	5,887
Light and heat						234,898	153,259
Telephone						5,658	2,549
Postage and		stationery				56,891	9,474
Professional		fees				181,604	108,860
Cleaning						31,801	25,170
Depreciation		on tangible	asset			175,638	148,274
						775,833	504,692

2023	2022
Charitable	Total
activities	activities
8	8
15,401	6,675

			2023	2022
			6
Auditors'	remuneration		7,800	7,700
Depreciation		-owned assets	175,638	148,274
Rent			86,891	4,429

Staff costs
						2023	2022
						6	6
Wages and	salaries					423,461	249,951
Social security costs						36,996	19,653
						460,457	269,604
The average	monthly	number	ofemployees	during	the year was as follows:
						2023	2022
						21	14

Tangible fixed assets
		Fixtures
	Freehold	and	Motor	Computer
	property	fittings	vehicles	equipment	Totals
	5	5	F	F	5
Cost
At 1 May 2022	4,973,731	240,380	51,878	28,349	5,294,338
Additions		168,458		3,596	172,054
At 30 April 2023	4,973,731	408,838	51,878	31,945	5,466,392
Depreciation
At 1 May 2022 Charge for year	187,297 99,475	99,461 61,875	37,072 10,376	15,576 3,912	339,406 175,638
At 30April 2023	286,772	161,336	47,448	19,488	515,044
Net book value
At 30April 2023	4,686,959	247,502	4,430	12,457	4,951,348
At 30April 2022	4,786,434	140,919	14,806	12,773	4,954,932

Fixed asset Investments
	Shares In
	group
	undertakin
	6
Market value
At 1 May 2022	200
Additions	300
At 30April 2023	500
Net book value
At 30April 2023	500
At 30April 2022	200

Nature ofbusiness: Unlicensed	restaurants and cafes
	0/
Class ofshare	hoiding
Ordinary	100

Nature of b	usiness: Motion pictur	e production activities
		0/
Class ofshare		holding
Ordinary		100
Investment	property

Investment property
Fair value
At 1 May 2022
and 30 April 2023	411,605
Net book value
At 30April 2023	411,605
At 30April 2022	411,605

14.	Stocks
									2023	2022
									E	E
	Finished goods								52,369
15.	Debtors: amounts		falling		due within one year
									2023	2022
										6
	Other debtors								177,297	195,075
	Fees receivable								97,153	46,704
									274,450	241,779
16.	Creditors:	amounts		falling due within one year
									2023	2022
									F	F
	Trade creditors									100,274
	Other creditors								59,688	63,613
	Accruals and deferred			income					11,400	11,300
									71,088	175,187
17.	Creditors:	amounts		falling due after more than one year
									2023	2022
										6
	Other loans	(see note		18)					1,295,000	1,795,000
18.	Loans
	An analysis	ofthe maturity			of	loans	is given below:
									2023	2022
									6	6
	Amounts falling due		between			two and five years:
	Other loans	- 2-5 years							1,295,000	1,795,000
19.	Movement	in funds
									Net
									movement	At
								At 1.5.22	in funds	30.4.23
								F		E
	Unrestricted	funds
	Unrestricted	fund						5,876,474	865,604	6,742,078
	Restricted	funds
	Restricted fund							526,326		526,326
	TOTAL FUNDS							6,402,800	865,604	7,268,404

Net movemen	t in funds, inc	lud	ed in t	he above	are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
					6	6	6
Unrestricted	funds
Unrestricted	fund				3,519,239	(2,653,635)	865,604
TOTAL FUNDS					3,519,239	(2,653,635)	865,604
Comparatives	for movement		in funds
						Net
						movement	At
					At 1.5.21	in funds	30.4.22
					6	6	6
Unrestricted	funds
Unrestricted	fund				4,626,630	1,249,844	5,876,474
Restricted funds
Restricted fund					526,326		526,326
TOTAL FUNDS					5,152,956	1,249,844	6,402,800
Comparative	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					2,941,051	(1,691,207)	1,249,844
TOTAL FUNDS					2,941,051	(1,691,207)	1,249,844