K hmirD
Kashmir Development Foundation Company limited by guarantee
Company Information at 31 January 2022
MR Javed Akhtar Directors MR Mohammed Akram Sardar Aftab Ahmed Khan Mr Mohammed Javed Mr Shams Rehman
Secretary Mr Nassar Ahmed Ghouri
Registered Office 128a Spotland Road Rochdale OL12 PJ
Bankers
Barclays Yorkshire St Rocdale OL16 1EE
Company Number: 5664890 Charty Registratin Number 1143891
Kashmir Development Foundation Company limited by guarantee COMPANY NUMBER 5664890
FINANCIAL STATEMENT FOR THE YEAR ENDED 31 January 2022
INDEX TO ACCOUNTS
| CONTENTS | PAGE NO. |
|---|---|
| REPORT OF THE DIRECTORS | 1 - 2 |
| REPORT OF THE ACCOUNTANTS | 3 |
| PROFIT & LOSS ACCOUNT | 4 |
| BALANCE SHEET | 5 |
| NOTES TO THE ACCOUNTS | 6 - 7 |
The following pages do not form part of the statutory accounts:
Detailed Trading and Profit and Loss Account.
Page 2
Kashmir Development Foundation Company Limited by Guarantee No. 005664890 Registered Charity N 114891
Anuual report and financial statments for the year ended 31 January 2022
Independent examiner's report to the Directors of Kashmir Development Foundation
I report on the accounts of the company for the year ended 31 January 2022, which are set out on page 10 - 12.
Respective responsibilities of directors and examiner
The directors are responsible for the preparation of the accounts. The directors consider that an audit is not required for this year under section 144(2) of the Charties Act 2011 (the 2011 Act) instead an independent examination is needed.
Having satisfied myself that the company is not subject to audit under company law and is eligible for an independent examination, it is my responsibility to:
-
Examine the accounts under section 145 of the 2011 Act
-
To follo the procedures laid down in the general Directions given by the Charity Commission under sectiom 145(5)nof the 2011 Act; and
-
•To state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance to the General Direction set by the Charity Commission. An examination includes a review of the accounting records kept by the company and a comparison of the accounts presented with those records. The examination also includes consideration of any unusual items or disclosures in the accounts, in addition to seeking explanations from you as directors in regard to such matters. These procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statment
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to belive that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the 2011Act; and
-
to prepare accounts which accord with the accounting records, comply with the accounting requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn to in order to enable a proper understanding of the accounts to be reached.
Mr Abdul Jabbar: MAAT . AFA A J Accountants 30 High Street Milton Keynes MK13 0BT
Date: October 2022
Page 1
Kashmir Development Foundation
Company limited by guarantee
The directors submit their report, together with the accounts of the company for the year ended 31 January 2022
INCORPORATION
The company was incorporated as Kashmir Development Foundation on 30th March 2006 as a Charity orgnisation
DIRECTORS
The following persons were director during the year are ststed below
MR Javed Akhtar
MR Mohammed Akram Sardar Aftab Ahmed Khan Mr Mohammed Javed Mr Shams Rehman Nassar Ahmed Ghouri
STATEMENT OF DIRECTORS' RESPONSIBILITIES
Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing those financial statements, the directors are required to:
-
Select suitable accounting policies and then apply them consistently.
-
Make judgements and estimates that are responsible and prudent.
-
Prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the company will continue in the business.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006.
They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
ACCOUNTANTS
A resolution proposing the appointment of A . J Accountants as accountants will be placed before members of the forthcoming Annual General Meeting.
Page 2
Kashmir Development Foundation
FIXED ASSETS
Movements of fixed assets during the year are shown in note 7 to the accounts.
SMALL COMPANY EXEMPTIONS
Advantage has been taken, in the preparation of this report, of special exemptions applicable to small companies.
BY ORDER OF THE BOARD
DIRECTORS:
MR Mohammed Akram
SIGNATURE:
DATE:
Page 3
ACCOUNTANTS REPORT
To the members of Kashmir Development Foundation Company limited by guarantee For the year ended 31 January 2022
We have prepared the following financial accounts, without carrying out an audit, from the records, information and explanations given to us.
A . J Accountants 30 High Street Milton Keynes MK13 0BT
Dated:
Page 4
Kashmir Development Foundation Company limited by guarantee Income & Expenditure Account For the Year Ended 31 January 2022
| Year Ended | ||
|---|---|---|
| Notes | 31 January 2022 | |
| £ | ||
| Income(Donations & Founds) | 2 | 32820 |
| Project Cost | 19654 | |
| -------- | ||
| Gross Profit | 13166 | |
| Administration Expenses | 3081 | |
| -------- | ||
| Net Movement of founds | 3 | 10085 |
| Interst Payable | ||
| -------- | ||
| Net Movement of founds | 10085 | |
| Taxation (Corporation Tax) | 5 | |
| -------- | ||
| Carry forward founds | 10085 | |
| ====== |
There are no recognised gains or losses other than as disclosed above.
There have been no discontinued activities or acquisitions in the current or preceding accounting period.
Page 5
| Kashmir Development Foundation | Kashmir Development Foundation | Kashmir Development Foundation | |
|---|---|---|---|
| Company limited by guarantee | |||
| Balance Sheet | |||
| As At 31 January 2022 | |||
| As At | |||
| Notes | 31 January | 2022 | |
| £ | £ | ||
| Fixed Assets | |||
| Tangible Assets | 6 | ||
| Current Assets | |||
| Debtors | 7 | ||
| Stock | |||
| Cash at Bank | 34145 | ||
| -------- | |||
| Total Current Assets | 34145 | ||
| Creditors | |||
| Amount falling due | |||
| within one year | 8 | ||
| -------- | |||
| -------- | |||
| Total Assets Less Current Liabilities | 34145 | ||
| --------- | |||
| Creditors-Amount falling due | |||
| after more than one year | 9 | ||
| -------- | |||
| Net Assets | 34145 | ||
| ====== | |||
| Capital and Reserves | |||
| Called up Share Capital | 10 | ||
| Profit and Loss account | 11 | 34145 | |
| -------- | |||
| 34145 | |||
| ====== |
Audit Exemption Statement
For the year ending 31 January 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
the members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
the directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
the accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
MR Mohammed Akram Director
Dated:
Page 6 Kashmir Development Foundation Company limited by guarantee Notes To The Accounts For the Year Ended 31 January 2022
1: Accounting Policies Basis of Preparation
The accounts have been prepared under the historical cost convention and in accordance with the Companies Act 2008
Turnover
The turnover represents donations and founds raised by company
Tangible Fixed Assets and Depreciation
Depreciation is provided on the basis calculated to write off the cost of the assets over their expected useful lives as follows:
Fixture & Fitting Funiture
2: Turnover
The turnover and profit before taxation are attributed to the one principal activity of the company.
3: Operating Profits 2022 The operating profit is stated after charging: £ Depreciation and Loss on Disposal of Tangible Fixed Asset Staff Cost (note 4) -------====== 4: Staff Costs Directors' Remunirations -------====== 5: Taxation £ UK. Corporation Tax based on the profit for the year NIL -------NIL ======
Page 7 Kashmir Development Foundation Company limited by guarantee Notes To The Accounts For the Year Ended 31 January 2022
| 6: Schedule Of Fixed Assets | |||
|---|---|---|---|
| Furniture | Fixture & Fitting | Total | |
| Cost : | £ | £ | £ |
| As at 01/02/21 | |||
| Additions | |||
| Disposals | |||
| -------- | -------- | -------- | |
| As At 31/01/2022 | |||
| ====== | ====== | ====== | |
| Depreciation | |||
| As at 01/02/21 | |||
| Charge for the period | |||
| -------- | -------- | -------- | |
| As At 31/01/2022 | |||
| ====== | ====== | ====== | |
| Net Book Value | |||
| As at 01/02/21 | |||
| As At 31/01/2022 | |||
| 7: Debtors | 2022 | ||
| Sales A/C | |||
| -------- | |||
| ====== | |||
| 8: Creditors (Amount falling | due within one year) | 2022 | |
| £ | |||
| Accruals | |||
| -------- | |||
| ====== | |||
| 9: Contingent Liabilities(Amount falling due more than one year) | |||
| £ | |||
| Bank Loan | |||
| ====== | |||
| 10: Called Up Share Capital | 2022 | ||
| Authorised: | £ | ||
| 0 Ordinary Shares of £0 each | |||
| Allotted: | |||
| 0 Ordinary Shares of £0 each | |||
| 11: Profit and Loss Account | 2022 | ||
| Retained profit | 24060 | ||
| Profit/Loss for the period | 10085 | ||
| ---------- | |||
| 34145 | |||
| ======= |
Trad P&L
Page 6
Kashmir Development Foundation Company limited by guarantee Income & Expenditure Account For the Year Ended 31 January 2022
| Notes Public Donations Trustees / Patrons Donation Fundraising Earned Income /Contracts Grants from partner Charities Gross Profit Less: Overheads Humanitarian Aid Project Arts 4 Unity & Peace Admin Cost Telephone Depreciation: Net Movement of founds |
Year Ended 31 January 2022 £ £ 19307 300 1483 19 11711 ======== 32820 13554 3200 5831 150 -------- 22735 -------- 10085 ====== |
|---|---|
This page does not form part of the statutory accounts.
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