| Report ofthe Trustees | 1 to2 | |
|---|---|---|
| Independent Examiners Report to the Trustees |
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| Statement of Financial | Activities | |
| Statement of Financial | Position | |
| Notes to the Financial | Statements | 6to I I |
| Detailed Statement of | Financial Activities | 12to 13 |
| Trustees | Trustees | |||
|---|---|---|---|---|
| The trustees | and officers serving | during the year and since the year end were as follows: | ||
| DrSyed Mutaheer | Ali | |||
| Mr Mohammed Shakeeb |
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| Mr Nasir Rafiq | ||||
| Mr Nasir Zameer Akhtar | ||||
| Mr Ricky Bains | ||||
| Mrs Nadyia Husain |
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| Mrs Ritu Chadda | ||||
| MrZahir Hussein | ||||
| iAppointed: 10October 2021) |
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| Independent | examiner | M SAswani FCCA |
||
| Mibsons Limited | ||||
| Chartered Certified |
Accountants | |||
| 180Birmingham Road |
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| West Bromwich | ||||
| B706QG | ||||
| Approved | by | the Board ofTrustees | and signed on its behalf by | |
| 18January 2023 | ||||
| Mr Zahir | Hussein |
| Notes | Unrestricted | 2021 | |||
|---|---|---|---|---|---|
| funds | |||||
| f | |||||
| Income and | endowments | from: | |||
| Donations | and legacies | 195,793 | 129,757 | ||
| Charitable | activities | ||||
| Community services |
53,734 | 30,592 | |||
| Investments | |||||
| Bank interest receivable | 89 | 14 | |||
| Other income | |||||
| Room Hire | 3,225 | 5,302 | |||
| Total | 252,841 | 165,675 | |||
| Expenditure | on: | ||||
| Charitable | ac5vities | ||||
| Community services |
(177,373) | (120,876) | |||
| Total | (177,373) | (120,876) | |||
| Net income | 75,468 | 44,799 | |||
| Reconciliation offunds |
|||||
| Total funds | brought forward | 282,911 | 238,113 | ||
| Total funds carried forward | 358,379 | 282,912 |
| Registered | Number: | 07436270 | |||||
|---|---|---|---|---|---|---|---|
| The Abrahamic | Foundation | ||||||
| Statement ofFinancial Position | |||||||
| As at 31 March 2022 | |||||||
| Notes | 2022 | 2021 | |||||
| Fixed assets | |||||||
| Tangible assets | 10 | 157,672 | 155,321 | ||||
| 157,872 | 155,321 | ||||||
| Current assets | |||||||
| Debtors | 12,151 | 12,127 | |||||
| Cash at bank and | in hand | 201,959 | 125,566 | ||||
| 214,110 | 137,693 | ||||||
| Creditors: amounts | falling due within one year | 12 | (13,603) | (10,102) | |||
| Net current assets | 200,507 | 127,591 | |||||
| Total assets | less current liabilities | 358,379 | 282,912 | ||||
| Net assets | 358&379 | 282,912 | |||||
| The funds of | the charity | ||||||
| Unrestricted | income funds | 356,379 | 262,912 | ||||
| Totalfunds | 358,379 | 282,912 |
| Analysis ofgrants received | |||
|---|---|---|---|
| 2022 | 2021 | ||
| f | f | ||
| DWP RESOURCE MANAGMENT | 9,904 | ||
| HEART OF ENGLAND COMMUNITY | FOUNDATION | 1,818 | |
| JOB RETENTION SCHEME | 5,684 | 29,944 | |
| NEAR NEIGHBOURS GRANT | 3,000 | ||
| NORTH SMETHWICK DEVELOPMENT | 710 | ||
| SANDWELL MBC | 3,323 | 10,000 | |
| SANDWELL MBC - HAF GRANT | 13,929 | ||
| 33,550 | 44,782 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| f | ||||
| Unrestricted | funds | |||
| Community | services | |||
| Income from charitable | 53,734 | 30,592 | ||
| activities | ||||
| 4.Investment | Income | |||
| 2022 | 2021 | |||
| f | f | |||
| Unrestricted | funds | |||
| Bank interest | receivable | 89 | 14 | |
| 89 | 14 | |||
| 5.Other Income | ||||
| 2022 | 2021 | |||
| f | f | |||
| Unrestricted | funds | |||
| Room Hire | 3,225 | 5,302 | ||
| 3i225 | 5,302 |
| 6.Costs ofcharitable | 6.Costs ofcharitable | 6.Costs ofcharitable | activities by fund type | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| E | E | ||||
| Unrestricted | funds | ||||
| Community | services | 174,405 | 118,571 | ||
| Support costs | 2,968 | 2,305 | |||
| 177,373 | 120,876 | ||||
| 7.Analysis ofsupport | costs | ||||
| 2022 | 2021 | ||||
| E | |||||
| Governance | costs | 2,968 | 2,305 | ||
| 8.Staff costs and | emoluments | ||||
| Total stalf costs for | the year ended 31 March 2022 were: | ||||
| 2022 | 2021 | ||||
| E | E | ||||
| Salaries and | wages | 84,923 | 78,622 | ||
| Pension costs | 761 | 629 | |||
| 85,684 | 79,251 | ||||
| 2022 | 2021 | ||||
| Admin and teachers | 10 | ||||
| 10 |
| Land and | Plant and | Motor | ||
|---|---|---|---|---|
| Cost orvaluation | Buildings | Machinery | Vehicles | Total |
| f | f | f | ||
| At 01 April 2021 | 164,217 | 7,132 | 171,349 | |
| Additions | 2,710 | 4,314 | 7,024 | |
| At 31 March 2022 | 164,217 | 9,842 | 4,314 | 178,373 |
| Depreciation | ||||
| At 01 April 2021 | 13,136 | 2,892 | 16,028 | |
| Charge for year | 1,642 | 1,968 | 863 | 4,473 |
| At 31 March 2022 | 14,778 | 4,860 | 863 | 20,501 |
| Net book values | ||||
| At 31 March 2022 | 149,439 | 4,982 | 3,451 | 157,872 |
| At 31 March 2021 | 151,081 | 4,240 | 155,321 |
| 11.Debtors | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| f | f | ||||
| Amounts | due within | one year: | |||
| Other debtors | 12,151 | 12,127 | |||
| 12,151 | 12,127 | ||||
| 12.Creditors: | amounts | falling due within one year | |||
| 2022 | 2021 | ||||
| f | f | ||||
| Other creditors | 11,108 | 7,536 | |||
| Accruals and deferred income | 2,495 | 2,566 | |||
| 13,603 | 10,102 | ||||
| 14.Analysis ofnet assets between funds | |||||
| Tangible | Net current | Net Assets | |||
| fixed assets | sssetsl | ||||
| iliebiiities) | |||||
| f | |||||
| Unrestricted funds |
|||||
| General | |||||
| General | 157,872 | 200,507 | 358,379 | ||
| 157,872 | 200,507 | 358,379 |
| Previous year | Previous year |
|---|---|
| Unrestricted | funds |
| General | |
| General |
| Tangible | Net current | Net Assets |
|---|---|---|
| fixed assets | assetsl | |
| lgabgltles) | ||
| 5 | ||
| 155,321 | 127,591 | 282,912 |
| 155,321 | 127,591 | 282,912 |
| 2022 | 2021 | |
|---|---|---|
| 8 | ||
| INCOME AND ENDOWMENT | ||
| Donations and legacies |
||
| Donations | 162,243 | 85,005 |
| Grants receivable | 33,550 | 44,762 |
| 195,793 | 129,767 | |
| Charitable activities |
||
| Educational services |
53,734 | 30,592 |
| 53,734 | 30,592 | |
| Investments | ||
| Bank interest receivable | 89 | 14 |
| 89 | 14 | |
| Other income | ||
| Room Hire | 3,225 | 5,302 |
| 3,225 | 5,302 | |
| Total incoming resources | 252,841 | 165,875 |
| EXPENDITURE | ||
| Charitable activities |
||
| Staff costs - wages 8 salaries | (84,923) | (78,622) |
| Staffcosts - pension contributions | (761) | (629) |
| Depreciation - owned assets | (4,473) | (3,068) |
| Event expenses | (18,592) | (2,614) |
| Teaching materials |
(1,796) | (1,744) |
| Sub-contractor | (40,384) | (13,221) |
| Travel and subsistence | (189) | (168) |
| Rates | (791) | (1,961) |
| Light and heat | (4,683) | (3,114) |
| Insurance | (1,323) | (1,176) |
| Office cost | (5,812) | (3,952) |
| ITexpense | (2,137) | (1,012) |
| Repair and maintenance | (3,051) | (5,743) |
| Stationary and printing | (230) | (189) |
| Advertisment | (906) | (428) |
| Telephone | (1,077) | (930) |
| Motor expense | (693) | |
| Website | (2,584) | |
| (174,405) | (118,571) | |
| SUPPORT COSTS | ||
| Governance costs |
||
| Accountancy fees | (1,668) | (1,585) |
| Other finance costs | (720) | |
| Professional fee | (1,300) | |
| (2,988) | (2,305) | |
| Total resources expended | (177,373) | (120,876) |