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2021-03-31-accounts

Shahdin Welfare Association "SWA"

Statement of financial activities

For the year ended
31 March 2021
Notes
Incoming resources
Donations
2
HMRC - Gift Aid Repayment
Total incoming resources
Resources expended
Donations to Khanewal Hospital Pakistan
Total resources expended
Net movement in funds
Total funds carried forward
2021
Unrestricted
funds
Restricted
funds
Total
£
£
£
27,500
0
27,500
0
27,500
0
27,500
0
0
0
0
0
0
27,500
0
27,500
27,500
0
27,500
2020
Total
£
32,000
17,137
49,137
0
0
49,137
49,137

1

Shahdin Welfare Association "SWA"

Balance sheet as at 31 March 2021

2021
Notes
£
Current assets
Cash at bank and in hand
271,837
271,837
Creditors: amounts falling
due within one year
-
Net current liabilities
Net assets
Funds
Unrestricted funds
5
Restricted funds
6
The financial statements were approved by the Trustees signed on its behalf by
_______
DR M.SALEEM
£
271,837
271,837
271,837
-
271,837
____
DATE
2020
£
244,337
244,337
-
___
£
244,337
244,337
244,337
-
244,337

2

Shahdin Welfare Association "SWA"

Notes to financial statements

For the year ended 31 March 2021

1. Accounting Policies

1.1. Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective June 2002) and follow the recommendations in 'Accounting and Reporting by Charities: Statement of Recommended Practice' issued in October 2000.

1.2. Incoming resources

Income is recognised in the period in which the charity is entitled to receipt and the amount can be measured with reasonable certainty.

1.3. Resources expended

Resources expended are recognised in the year in which they are incurred.

Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

3

Shahdin Welfare Association "SWA"

Notes to financial statements
For the year ended
31 March 2021
2. Donations
General Donations
Management and administration
Donations to Khanewal Hospital Pakistan
Unrestricted
Restricted
funds
funds
£
£
27,500
27,500
0
2021
£
27,500
27,500
£
2021
0
0
2020
£
32,000
32,000
£
2020
0
0

4

Shahdin Welfare Association "SWA"

Notes to financial statements

For the year ended 31 March 2021

----- Start of picture text -----
3. Analysis of net assets between funds
Unrestricted funds Restricted funds Total funds
£ £ £
Fund balances as at 31 March 2021
represented by:
Current assets 271,837 271,837
Current liabilities - -
271,837 271,837
4. Unrestricted funds
01-Apr-19 Incoming Outgoing Transfers 31-Mar-20
£ £ £ £ £
= Unrestricted Funds 244,337.32 27,500.00 271,837.32
5. Restricted funds
01-Apr-19 Incoming Outgoing Transfers 31-Mar-20
£ £ £ £ £
Restricted Fund - -
----- End of picture text -----

5

Shahdin Welfare Association "SWA"

Statement of financial activities

For the year ended
31 March 2021
Notes
Incoming resources
Donations
2
HMRC - Gift Aid Repayment
Total incoming resources
Resources expended
Donations to Khanewal Hospital Pakistan
Total resources expended
Net movement in funds
Total funds carried forward
2021
Unrestricted
funds
Restricted
funds
Total
£
£
£
27,500
0
27,500
0
27,500
0
27,500
0
0
0
0
0
0
27,500
0
27,500
27,500
0
27,500
2020
Total
£
32,000
17,137
49,137
0
0
49,137
49,137

1

Shahdin Welfare Association "SWA"

Balance sheet as at 31 March 2021

2021
Notes
£
Current assets
Cash at bank and in hand
271,837
271,837
Creditors: amounts falling
due within one year
-
Net current liabilities
Net assets
Funds
Unrestricted funds
5
Restricted funds
6
The financial statements were approved by the Trustees signed on its behalf by
_______
DR M.SALEEM
£
271,837
271,837
271,837
-
271,837
____
DATE
2020
£
244,337
244,337
-
___
£
244,337
244,337
244,337
-
244,337

2

Shahdin Welfare Association "SWA"

Notes to financial statements

For the year ended 31 March 2021

1. Accounting Policies

1.1. Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective June 2002) and follow the recommendations in 'Accounting and Reporting by Charities: Statement of Recommended Practice' issued in October 2000.

1.2. Incoming resources

Income is recognised in the period in which the charity is entitled to receipt and the amount can be measured with reasonable certainty.

1.3. Resources expended

Resources expended are recognised in the year in which they are incurred.

Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

3

Shahdin Welfare Association "SWA"

Notes to financial statements
For the year ended
31 March 2021
2. Donations
General Donations
Management and administration
Donations to Khanewal Hospital Pakistan
Unrestricted
Restricted
funds
funds
£
£
27,500
27,500
0
2021
£
27,500
27,500
£
2021
0
0
2020
£
32,000
32,000
£
2020
0
0

4

Shahdin Welfare Association "SWA"

Notes to financial statements

For the year ended 31 March 2021

----- Start of picture text -----
3. Analysis of net assets between funds
Unrestricted funds Restricted funds Total funds
£ £ £
Fund balances as at 31 March 2021
represented by:
Current assets 271,837 271,837
Current liabilities - -
271,837 271,837
4. Unrestricted funds
01-Apr-19 Incoming Outgoing Transfers 31-Mar-20
£ £ £ £ £
= Unrestricted Funds 244,337.32 27,500.00 271,837.32
5. Restricted funds
01-Apr-19 Incoming Outgoing Transfers 31-Mar-20
£ £ £ £ £
Restricted Fund - -
----- End of picture text -----

5

Independent Examiner's Report to the Trustee5 01 ShAhdin Welfare Association I rcport on the accounts of thc charity for thc y¢ar cndcd 31 March 2021. Respective responsibilities of trustees 3nd examiner Thc charit) s trust¢cs are rcsponsiblc for the preparation of the accounls. The charily's twstccs considcr th￿ an audic is not r¢quired for this J'car undcr s¢ction 144 of thc Charitics Act 2011 (the 201 l Act) and that an indepcndent Lxamination is ne¢ded. It is my responsibility to: Eumin¢ thc ￿CoUnt5 undcr 5CCtion 145 of th¢ 2011 Act: Follow thc procedurcs laid doi¥n in the gcn¢rdl Dir¢ctions givcn by the Charity Commission undLr section 145151(b) of thc 2111 l Act. and State whcther particular matters have come to my attcntion. Basis of independent ex&miner's report My examinatioll was carried out in ac¢ordan¢e with the generai Dircctions giv¢n by the Charity Commission. An cxamination includes a rcviLth of thc accounting records kLpt bj, th¢ charil! arid a comparison of th¢ accounts presLntLd with those rccords. It also incliidLs considvrntion of an!. unusual it¢ms or disclosurcs in thc a¢¢ounts. and sc¥king ixplanations from J'ou &8 trustecs concLming an!. such mattcrs The proccdurLs undLrtaken do not provid¢ all thc Lvidencc that M'ould bc ￿qUired in an audit and consequcnti!. no opinion is givun as to NNhcthcr the accounts pr¢scnt a "trne and fw"r view" and the rcport is limited to thosc mattcr5 Sct out in th¢ sLth'mLnt b¢low. Independent examiner's statement In connection with my cxamination. no mattcr has come to my att¢ntion'. which givcs me reasonablL ￿usC to bclicve that. in an}, malcrial rcsPCCt. thL rcquirL'm¢nts.' to kc¢p accounting records in accordancc NN'ith sLclion 130 of the 2U I l Act: and to prcpar¢ accounts 1s.hich accord ii"Lih thL accounting rccord5 and comply with the accounting rcquirLm¢nts of the 2011 Act havc not bccn met. or 2. to which, in mv opinion. attcntson should be drawn in order to cnablc a propcr undcrsL2nding of thc accounts to bL r&ochLd Qaisar Abba5 FCCA Global Accountancy Services Chart¢rcd Certificd Accountants 57 Cariocca Business Park 2 Hellidon C105L Manchester, M12 4AH 28 January 2022