2023-03-31-accounts - Islamic Education Trust (Leicester)

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

			Page
Trustees'	annual report
Independent examiner's		report to the trustees
Statement	of financial	activities
Statement	offinancial	position	10
Notes to the financial statements

				2023	2023	2022
				Unrestricted
				funds	Total funds	Total funds
			Note	f	f	f
Income and endowments
Donations and legacies Other trading activities			4 5	61,794 131,338	61,794 131,338	61,860 135,5'I5
Investment income			8	14,662	14,662	13,373
Total income				207,794	207,794	210,748
Expenditure
Expenditure on raising funds:
Costs of raising donations		and legacies	7	18,121	18,121	2,956
Costs of other trading	activities		8	108,264	108,264	90,707
Expenditure on charitable	activities		9,10	61,031	61,031	48,880
Total expenditure				187,416	187,416	142,543
Net income and net movement		in funds		20,378	20,378	68,205
Reconciliation offunds
Total funds brought foiward				1,463,065	1,463,065	1,394,860
Total funds carried forward				1,483,443	1,483,443	1,463,065

Statement of Fin 31 March 2023	ancial	Position
				2023	2022
			Note	6	F
Fixed assets Tangible fixed assets			15	1,317,005	1,321,333
Current assets Cash at bank and m hand				167,763	142,382
Creditors: amounts	falling	due within one year	'i6	1,325	650
Net current assets				166,438	141,732
Total assets less current		liabilities		1,483,443	1,463,065
Net assets				1,483,443	1,463,065
Funds ofthe charity Unrestricted funds				1,483,443	1,463,065
Total charity funds			17	1,483,443	1,463,065

Donations and	legacies (uuntfeuerti
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds E	2023 f	Funds f	2022 E
Other donations Other donations	and legacies and legacies type	1	1,336	1,336	1,592	1,592
			61,794	61,794	61,860	61,860

Ye	ar ended 3	1 March 202	1 March 202	3
9.	Expenditure	on charitable		activities	by	fund		type
						Unrestncted			Total Funds		Unrestricted	Total	Funds
								Funds		2023	Funds		2022
								E		E			E
	Support costs						61,031			61,031	48,880		48,880
10.	Expenditure	on charitable		activities	by	activity type
										Support	Total funds	Total fund
										costs	2023		2022
										6	f		E
	Governance	costs								61,031	61,031	48,880
11.	Net income
	Net income is stated after charging/(crediting).
											2023		2022
											6
	Depreciation	of tangible	fixed assets										4,809
12.	Independent	examination		fees
	Fees paid to	the Independent		examiner	was		agreed at f675
13.	Staff costs
	The total staff costs and employee benefits					for the reporting				penod are analysed as		follows.
											2023		2022
											6		f
	Wages and salaries										24,821	25,480
	Staff costs under governance			was 24,821
	The average	head count of employees			during		the year was			Nil (2022	Nil).
	Average staff	numbers	were	27 and last year			27

Notes to the Financial Statements Year ended 31 March 2023	Notes to the Financial Statements Year ended 31 March 2023	Notes to the Financial Statements Year ended 31 March 2023	(continued)
15. Tangible fixed assets
				Freehold	Fixtures and
				property	fittings	Total
Cost				E	E	8
At 1 April 2022 and 31 March 2023				1,278,049	101,062	1,379,'l11
Depreciation
At 1 April 2022 and 31 March 2023					62,106	62,106
Carrying amount
At 31 INarch	2023			1,278,049	38,956	1,317,005
At 31 March	2022			1,278,049	38,956	1,317,005
16. Creditors: amounts		falling due within	one year
Accruals and	deferred	income			2023 f 1,325	2022 6 650
17. Analysis ofcharitable		funds
Unrestricted	funds
						At
			At			31 March 20
			1 Apnl 2022	Income	Expenditure	23
General funds			E 1,463,065	207,794	E (187,416)	E 1,483,443
						At
			At			31 March 20
General funds			1 April 2021 8 1,394,860	Income 8 210,748	Expenditure 6 (142,543)	22 1,463,065