2021-05-31-accounts - Alridha Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.


Trustees' annual report (incorporating			the	director's	report)
Independent examiner's report to the			trustees
Statement offinancial	activities	(including		income and
expenditure account)
Statement offinancial	position
Notes to the financial	statements

31 Ijjiay 20	21
				2021	2020
			Note
Fixed assets
Tangible fixed assets			14	26,841	31,315
Current assets
Debtors			15	12,500	34,726
Cash at bank	and in	hand		57,054	171,283
				69,554	206,009
Creditors: amounts		falling due within one year	18	22,236	37,800
Net current	assets			47,318	168,209
Total assets	less current liabilities			74,159	199,524
Creditors: amounts		falling due afbtr more than one year	17	51,285	1,273
Net assebt				22,874	198,251
Funds ofthe charity
Unrestricted	funds			22,874	198,251
Total charity	funds		19	22,874	198,251

6.	Charitable a	c5vittes
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
			6	6
	School Fees		4,137	4,137	18,707	18,707
7.	Other income
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021 6	Funds f	2020 6
	Other Grants	received	60,548	60,548	43,249	43,249
8.	Expenditure	on charitable activities by fund type

8.	Expenditure	on charitable	activities by fund type
			Unrestricted	TotalFunds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
				8	6
	Foundation School Support costs		239,451 4,414 94,343	239,451 4,414 94,343	319,637 5,496 209,613	319,637 5,496 209,613
			338,208	338,208	534,746	534,746
9.	Expenditure	on charitable	activities by activity type

Expenditure	on charitable a	ctivities by activity type
		Acbvities
		undertaken	Support	Totalfunds	Total fund
		directly	costs t	2021 6	2020 6
Foundation School Governance	costs	239,451 4,414	52,703 21,497 20,143	292,154 25,911 20,143	452,085 64,414 18,247
		243,865		338,208	534,746

10.	Net expenditure	Net expenditure	Net expenditure
	Net expenditure is stated			after	charging/(crediting):
								2021	2020
								a
	Depreciation	oftangible fixed			assets			4,474	4,4T3
11.	Independent	examination		fees
								2021	2020
								a
	Fees payable	to the	independent			examiner for.
	independent	examination		ofthe financial statements				5,100	5,100
12.	Staffcosts
	The total staff costs		and employee			beneffts for the reporting		period are analysed as follows:
								2021	2020
	Wages and salaries							12,320	23,529
	The average	head count ofemployees					during the year was	3(2020:Nil), The average number		of
	full-time equivalent		employees		during		the year is analysed	as follows:
								2021	2020
								No.	No.
	Number ofstaff - Foundadon							2		1
	Number ofalaif - School							1		1
								3		2

14.	Tangible fixed asse	ts
			Short
			leasehold	Fixtures and
			property f	fittings	Equipment	Total
	Cost
	At 1June 2020 and	31 May 2021	58,154	57,805	2,381	118,340
	Depreciation
	At 1June 2020		26,839	57,805	2,381	87,025
	Charge forthe year		4,474			4,474
	At 31Igay 2021		31313	57,805	2,381	91,499
	Canying amount
	At 31 hllay 2021		26,841			26,841
	At31 May 2020		31,315			31,315
15.	Debtors
					2021 6	2020 f
	Prepayments and accrued income				12,500	32,606
	Other debtors					2,120
					12,500	34,726
16.	Credttom amounts	falling due within one year
					2021	2020
	Bank loans and overdrahs				810	549
	Trade creditors Accruals Social security and other taxes				4,438 16,000 248	24,939 12,064 248
	Wages Control				740
					22,236	37,800
17.	Creditom: amounb'	falling due alter more than one		year
					2021	2020
					6	6
	Bank loans and overdrafts Other creditors				50,000 1,285	1,273
					51,265	1,273