| CONTENTS | Page | |
|---|---|---|
| Reference and Administrative | Information | |
| Trustees' Annual Report |
3to 4 | |
| Independent Auditor's Report |
||
| Consolidated Statement ofFinancial Activities |
||
| Consolidated Balance Sheet |
||
| Notes to the Financial Statements |
8to 12 |
| TOTAL | TOTAL | |||||
|---|---|---|---|---|---|---|
| UNRESTRICTED | RESTRICTED | FUNDS | FUNDS | |||
| Note | FUNDS | FUNDS | 2022 | 2021 | ||
| INCOMING RESOURCES | ||||||
| Incoming resources from generated | ||||||
| funds | ||||||
| Voluntary income |
42,520 | 354,638 | 397,158 | 345,018 | ||
| Activities for generating | funds | 0 | 0 | 0 | 0 | |
| Investment income |
7,500 | 0 | 7,500 | 6,000 | ||
| Incoming resourcei from ciraritahle | ||||||
| activities | 0 | 148,873 | 148,873 | 157,481 | ||
| TOTAL INCOMING RESOURCES | 50,020 | 503/11 | 553~1 | 508,499 | ||
| RESOURCES EXPENDED | ||||||
| Costofgenerating funds | ||||||
| Fundraising and trading |
0 | 547,265 | 547,265 | 487,888 | ||
| Ckaritaitle Activtnes | ||||||
| Governance costs | 0 | 0 | 0 | 0 | ||
| TOTAL RESOURCES | EXPENDED | 0 | 547465 | 547,265 | 487~8 | |
| Net movement in funds |
50,020 | (43,754) | 6v266 | 20,611 | ||
| Transfer between funds | ||||||
| Reconciliation offunds | ||||||
| Total funds brought forward | 90,396 | 51,294 | 141,690 | 121,079 | ||
| Total funds carried forward | 140+16 | 7/40 | 147+56 | 141,690 |
| AL-MADANI E |
DUCATIONA | L TRUST | ||
|---|---|---|---|---|
| CONSOLIDATED | BALANCE | SHEET | ||
| ASAT31AUGUST 2022 | ||||
| Charity | Charity | |||
| Note | 2022 | 2021 | ||
| FIXEDASSETS | ||||
| Tangible assets | ||||
| CURRENT ASSETS | ||||
| Debtors and prepayments | 3,792 | 2,838 | ||
| Cash at bank and in hand | 147,735 | 145.620 | ||
| 151427 | 148,458 | |||
| LIABILITIES | ||||
| Creditors: amounts | due within | |||
| one year | 3571 | 6768 | ||
| NET CURRENT ASSETS | 147,956 | 141,690 | ||
| NET ASSETS | ||||
| 147/56 | 141,690 | |||
| Financed by: | ||||
| ACCUMULATED | FUNDS | |||
| Unrestricted | 96,662 | 90,396 | ||
| Restricted | 51,294 | 51,294 | ||
| TOTAL CHARITY FUNDS | 1~47 56 | 141699 |
| Voluntary income for the year falls |
into the following categories. | |||
|---|---|---|---|---|
| UNRESTRICTED | RESTRICTED | TOTAL | TOTAL | |
| FUNDS | FUNDS | FUNDS | ||
| 2022 | 2021 | |||
| Fees | ||||
| -Al-Ashraf Secondary | 122,482 | 122,482 | 89403 | |
| -Al-Ashraf Primary | 197,119 | 197,119 | 187,630 | |
| -Al-Ashraf Nursery | ||||
| GiJtAid faxreclaimed | ||||
| -Al-Ashraf Secondary | 3,322 | 0 | 3/22 | 5P29 |
| -Al-Ashraf Primary | ||||
| -Al-Ashraf Nursery | ||||
| Appeals and Donatkms | ||||
| -Al-Asbraf Secondary -Al-Asbraf~ |
3,400 31,427 |
35,037 | 38,437 31,427 |
36,447 25409 |
| -Al-Ashraf Nursery | 4,371 | 4,371 | ||
| Total voluntary income |
42420 | 354,63S | 397,158 | 345,018 |
| 3-INCOMING RESOURCES FROM CHARITABLE ACTIVITIES | ||||
| UNRESI'RICTED | RESTRICTED | TOTAL | TOTAL | |
| FUNDS | FUNDS | FUNDS | FUNDS | |
| 2022 | 2021 | |||
| LocalAuthority Grants |
||||
| -Al-Ashraf Secondary | ||||
| -Al-Asbraf Primary | 18,292 | 18492 | 25,383 | |
| -Al-Ashraf Nursery | 125,156 | 125,156 | 131,078 | |
| Other Fund flaislngand sundry | ||||
| income | ||||
| -Al-Asbraf Secondary | 5,425 | 5,425 | 1,000 | |
| -Al-Ashraf Primary | 20 | |||
| -Al-Asbraf Nursery | ||||
| Total incoming resources | 0 | 148+73 | 148473 | 157,4$1 |
| Secondary | Primary | Nursery | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| School | School | School | Unrestricted | Restricted | 2022 | 2021 | ||
| Direct costs | ||||||||
| Employment | costs | 139,648 | 204,232 | 80,631 | 424+11 | 424411 | 403,291 | |
| Property related costs | 11,477 | 1,570 | 8,265 | 21,312 | 21,312 | 17,008 | ||
| Repairs and | maintenance | 5,912 | 3,173 | 1,754 | 10,839 | 10,839 | 5,816 | |
| Training, Activities&. |
4,138 | 12,468 | 1,185 | 17,791 | 17,791 | 7,103 | ||
| Equipt Telephone and IT |
532 | 8,576 | 833 | 9,941 | 9,941 | 6,863 | ||
| Insurance | 3,997 | 1,870 | 2,279 | 8,146 | 8,146 | 7,058 | ||
| Subscription | and Exam Fees | 1,128 | 4,248 | 917 | 6,293 | 6,293 | 5,890 | |
| Stationery and Books | 4,657 | 13,929 | 1,615 | 20,201 | 20,201 | 11,755 | ||
| Postage, Printing and |
Advertising | 1,668 | 1,479 | 3,147 | 3,147 | 1,997 | ||
| Sundries and | Cleaning | 5,272 | 13,337 | 6,475 | 25,084 | 25,084 | 21,107 | |
| 178,429 | 264,882 | 103,954 | 0 | 547,265 | 547,265 | 487,888 |
| The governance co |
sts co | nsist | ed ofthe following direct and | indirect costs: | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Legal and professional | fees | 0 | 0 | ||
| Management salary cost |
|||||
| 0 | 0 | ||||
| 6-STAFF COSTS | |||||
| 2022 | 2021 | ||||
| 8 | |||||
| Total emoluments | paid | to employees: | |||
| Wages &Salaries | 394,959 | 385,716 | |||
| Social Security —employers |
22,471 | 21,348 | |||
| Pension | 7,081 | 7,532 | |||
| Coronavirus Job |
Retention | Scheme Grant | (11,305 | ||
| 424+11 | 403s291 |
| 7-DEBTORS | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Prepayments and accrued income |
|||||
| 8-CREDITORS AND ACCRUALS: amounts | falling due | within Iyear | |||
| 2022 | 2021 | ||||
| s | |||||
| Other creditors | 0 | 0 | |||
| Accruals | 3571 | 6768 | |||
| 9-CONSOLIDATED STATEMENT OF FUNDS | |||||
| 1September 02I |
Incoming | Outgoing | Transfer between funds |
31August 2022 |
|
| RESTRICTED FUNDS | |||||
| Al-Ashraf Secondary | 162,944 | 178,429 | 15,485 | ||
| Al-Ashraf Primary | 215,411 | 264,882 | 49,471 | ||
| Al-Ashraf Nursery | 51,294 | 125,156 | 103,954 | (64,956) | 7,540 |
| TOTAL | 51494 | 503411 | 547465 | ||
| UNRESTRICTED FUNDS | |||||
| General Fund | 90496 | 50,020 | 0 | 140,416 | |
| TOTAL FUNDS | 141,690 | 553,531 | 547/65 | 147,956 |
| 1-CAPITAL COM | MITMENTS | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Capital expenditure | that has been contracted | for but has not been | ||
| provided for in the |
Financial Statements | NIL | NIL | |
| Capital expenditure | that has been authorised | by the Trustees but has | ||
| not been contracted | for | NIL | NIL |