PANJSHIR AID FINANCIAL STATEPAENTS FOR THE YEAR ENDED 30SEPTEMBER 2023 CHARifY REGISTERED NUPABER 1142305 LONDON AccouKfANCY PRACTICE SOJOURNER TRUTH CENTRE 161 SUMNER ROAD LONDON SE15 6JL
PANJSHIR AID REPORT AND ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 CONTENTS Pag• Administrative Infonnation Report of the Management Ccxnmittee Independent Exarninerfs Report Statement of Financial Activiti"es Balan Sheet Notes and Schedules to the accounts Detailed Incle and Expenditure 10
PANJSHIR AID ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 30 SEPTEMBER 2023 REGISTRATION DETAILS PANJSHIR AID is registered as a charity in England and Wales- Charity Registration Number 1142305 GOVERNMENT DOCUMENT PANJSHIR AID is govemed by it constrtution and the Charities Act 2006 and 2011 respectively. MANAGEMENT COMMITTEE. Sharifi Mukbal Ahmed...Chairpersonrrreasurnr Rohullah Juwaid.........Secretary Abdul Ghani mI1......Mernber Haroun Zaheri.............Member Sayfuldin Panjshiri.......Member FORMAL ADDRESS Panjshir Aid 16 Matlock Court Denmark hill Estate London SE5 8ES BANKERS HSBC Bank London INDEPENDENT EXAMINERS LorKlon Accountancy Practi Sojourner Truth Centre 161 Sumner Road London SE15
PANJSHIR AID PIIANAGEMENT COMMirrEE REPORT FOR THE YEAR ENDED 30 SEPTEPABER 2023 The Management Commrttee present their financial statements ft)r the year ended 30 SEPTEMBER 2023 OBJECTIVES Aims and Objectives To promote for the benefit of public. In particular the Afghanistan community in London induding those who are refugees or asylum seekers with VEW to enabling them to better integrate into the communty by: The advancement of education including training and the provision of language. maths and other supplementary dasses? The relief of financial hardship.
PANJSHIR AID MANAGEMENT COMMirrEE REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 STATEMENT OF MANAGEMENT COMMITTEE RESPONSIBILITIES The Management Committee are required to prepare financial statements which grve a true and fair view of the state of affairs of the project and of the income and expenditure of the project for that period. In preparing these financial statements, the management committee are required to: select suitable accounting policies and appty them consistentiy. • make judgements and est'mates that are reasonable and prudent" state whether applicab stsndards and statement of recommended practi have been followed, subject to any material departures disclosed and explained in the f nancial statements,. and ppare the financial ststements on the going concem basis unless tt is inappropriate to presume that the proied will continue in operation. The Management Committee are responsible for keeping proper records which disclose at any time the financial position of the project. They are also responsible for safeguarding the assets of the organisation and hence for taking reasonable steps for the prevention and detection of fraud arKI other irregularFties.
PANJSHIR AID INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 I report to the trustees on my examination of the accounts of the above charity (Ihe Trust.) for the year ended 30 SEPTEMBER 2023. Responsibilities and basls of report As the charity trustees of the TrusL you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 (Ihe Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the2011Actand in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examinerfs statemènt I have completed my examination. I confim that no material matters have come to my attention (other than that disclosed below) in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section130 of the Act or the accounts do not accord with the accounting records. or the accounts did not comply with applicable reqU1ments 1x)nmIng the fom and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the account give a "true or fair. which is not a matter considered as part of the independent exarninats'on. I have no COnmS and have come across no other matters in connedion with the examination to which attention should be dra in this report in order to enable a proper understanding of the accounts to be reached. Ade Adeba For London Accountancy Pra 161 Sumner Road London SE15 6JL Date 2¢J
PANJSHIR AID STA TEMENT OF FINANCIAL ACTMTES FOR THE YEAR ENDED 30Tr1 SEPTEMBER 2023 INCOAING RESOURCES Unrestrlcted Restricted Fund Fund 2023 Total 2022 Total volary Grart a1 D(M)ats(M 20,822 20,822 47.200 68.022 72,659 47200 68,022 72,669 OUTGOING RESOURCES chantab Athtses 13,134 41.766 54,gJO 55.782 Total Ou¥iolng R•sour¢•s 13.134 41.766 54.900 55,782 Net Rescxrces 5.434 13.122 16,877 BalarKe brcujl IcAward 14254 10,749 25fy)3 8.126 16,183 38,125 26.003
PANJSHIR AID BALANCE SHEET AS A T 30TH SEPTEMBER 2023 2023 2022 CURRENT Assets Cash AT Bank 38,725 25503 CURRENT LIABIUTIES Crethtors & Accnk 38,725 25503 600 38.12S 500 25,003 Funds ofth• Charity Unrestricted Restncted 21,942 16.183 38.125 14,254 10.749 25,003 Approved by the Management Committee and slgned on its behalfr. Sharlfl Mukbal Ahmad_- -irpeIlYreaSUrer Rohullah Juwaid...
PANJSHIR AID NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 1. ACCOUNTING POLICIES 1.1 Basis of preparation of Financial Stataments The financial statements are prepared under the historic cost convention and include the resuts of the charitS operations which a described in the report of the directors ftrustees all of which are continuing. The accounts have been prepared in accordance with the Ststements of Recommended Practi for chanty accounts. The charity has taken advantage of the exemption of Financial Reporting Standard No 1 from the requirements to produ a cash fiow ststernent on the grounds that it qualifEs as a small charity 1.2 Incoming Resour8 1.2.1 Revenue grants are credited to the Ststement of Financial Activities on the earlier date of when they are received or when they a reNable, unless they relate to a specffic fijture pericmd. in which case they are included on the Balan Sheet as deferred income to be recognised in the future accounting period. 1.2.2 Grants reIVed for specific purposes are accounted for as restricted funds in the Statement of Financial ActNrties. 1.3 Restricted Funds Restricted funds a to be used for speafic purposes as laid down by the donor. Expenditure which meets these criteria is identified to the fijnd. together with a fair allocation of management and support costs. 1.4 Unrestricted Funds Unrestricted funds are donations arKI other incA)mes reiVed or generated for the objects of the organisation without further specrfied purpose and are available for general funds. 1.5 Designated Funds Designated funds are unrestricted funds eamarked by the Management Committee for particular purposes. 1.6 Resources Expended All expenditure is accounted for on an accruals basis and has been included 1.7 Creditors 2023 2022 ALwuntancy Fees
PANJSHIR AID DETAILED INCOME AND EXPENDITURE FOR TrIE YEAR ENDED 30Tr1 SEPTEMBER 2023 INCOMING RESOURCES Unrestricted Restricted Fund Fund 2023 Total 2022 Tolal Voluntary Grant and Donalion s[ CouKil Bnlish Refi NHS s Easl L(Thkn Donatsons esl 47200 47.200 53.132 0 12,484 10.000 0 2.1)00 8.329 7.528 12.484 8,329 20,822 47.200 68,022 72.659 OUTGOING RESOURCES Unrestricted Restricted Fund Fund 2023 Total 2022 Total chanta Athmties Wages HMRC Rerrt FCKMJ & Refrestyrwl Eveits Finaal Hardth'p Hal Hire Equipmert In9ae Tfans FwEral Profes&cM)al offi 5whes AccoLrtancy f Book keepiThJ SeNices Bank Charges Other Chantable ExFe 14.338 14338 5,994 37 9279 10,310 6.830 27.146 9.819 5.080 8,9)1 9.279 6.830 9,819 8,1 1,242 119 119 3,385 1,578 410 15W 1,506 41.766 54,900 55.782 13,134 Other charitable expenditure includes telephone, travel. meetings and MIlIaneOuS expenses. io