| Page | ||
|---|---|---|
| Trustees' Report |
1 —11 | |
| Independent Examiner's |
Report | 12 |
| Statement ofFinancial Activities | 13 | |
| Balance Sheet | 14 | |
| Notes tothe Financial Statements | 15-31 |
| The Tmstees, who are a accounting period are: |
lso the Direct | ors for the purpose | ofcompany |
law, and who hav |
|---|---|---|---|---|
| Richard Mohun: Clare Maxwell-Hudson |
Appointed Appointed |
01Dec 2016 21Jan 2021 |
/Resigned | 30April 2022J |
| Asya Verzhbinsky | Appointed | 20Jan 2021 | ||
| Elizabeth Dilly | Appointed | 24March 2022 | ||
| Thomas Merchant: DrBarbara Xella: |
Appointed Appointed |
13Sep 2019 20Oct 2019 |
JResigned /Resigned |
9Dec2020J 9Dec2020J |
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||
| Notes | 2022 | 2022 | 2022 | 2021 | |
| Income from:- | g | ||||
| Donations and legacies Charitable activities Investments |
2 3 4 |
48,925 23,283 31,773 |
3,613 5,226 |
52,538 28,509 31,773 |
108,886 40,099 11,451 |
| Total income | 103,981 | 8,839 | 112,820 | 160,436 | |
| Expenditure on:- |
|||||
| Raising funds Charitable activities |
5 6 |
35,600 358,378 |
5,083 | 35,600 363,461 |
60,969 471,347 |
| Total expenditure | 393,978 | 5,083 | 399,061 | 532,316 | |
| Net gains on investments | 11 | 112,278 | 112,278 | 74,023 | |
| Net (expenditure)/income | (177,719) | 3,756 | (173,963) | (297,857) | |
| Transfers between lbnds | (1,201) | 1,201 | |||
| Net movement in funds |
(178,920) | 4,957 | (173,963) | (297,857) | |
| Fund balances at 1April | 1,459,035 | 14,224 | 1,473,259 | 1,771,116 | |
| Fund balances at31March | 1,280,115 | 19,181 | 1,299,296 | 1,473,259 |
| Donations | and | legacies | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Unrestricted | Restricted | Total | ||||
| fuads | funds | 2022 | funds | funds | 2021 | |||
| Donations | and | gifts | 48,925 | 3,613 | 52,538 | 108,886 | - | 108,886 |
| Chari | table activities |
||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Unrestricted | Restricted | Total | |||
| funds | funds | 2022 | funds | funds | 2021 | ||
| Sales | ofbooks | 23,283 | 5,226 | 28,509 | 20,643 | 19,456 | 40,099 |
| Unrestricted | Unrestricted | Restricted | Total Unrestricted | Total Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|---|
| funds | fuads | 2022 | funds | funds | 2021 | |||
| f. | f, | |||||||
| Income Property |
from listed income |
investments | 10,103 21,670 |
10,103 21,670 |
10,113 1,338 |
10,113 1,338 |
||
| 31,773 | 31,773 | 11,451 | 11,451 |
| Unrestricted | Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | 2022 | funds | funds | 2021 | ||||
| Fundraising | and pubhcity | ||||||||
| Staging fundraising | events | 98 | 98 | ||||||
| Advertising Investment |
and promotion management fees |
1,934 1,362 |
1,934 1,362 |
25,916 1,296 |
25,916 1,296 |
||||
| 3,394 | 3,394 | 27,212 | 27,212 | ||||||
| Cost ofmaintaining | investment | ||||||||
| properties | |||||||||
| Investment Depreciation |
property overheads and impairment |
16,895 636 |
16,895 636 |
10,272 766 |
10,272 766 |
||||
| Support governance (Note 7) |
costs | 14,675 | 14,675 | 22,719 | 22,719 | ||||
| 32,206 | 32,206 | 33,757 | 33,757 | ||||||
| Total | 35,600 | 35,600 | 60,969 | 60,969 |
| Support | Governance | Basis of | ||||
|---|---|---|---|---|---|---|
| costs | costs | 2022 | 2021 | allocation | ||
| Amortisation Depreciation Bank charges Exchange differences General office costs Insurance Irrecoverable VAT Travel and subsistence Rent Repairs and maintenance Accountancy Other professional |
766 1,407 1,524 199 7,021 1,321 1,822 1,129 9,485 788 |
13,048 | 766 1,407 1,524 199 7,021 1,321 1,822 1,129 9,485 788 13,048 |
0 766 1,473 3,017 506 6,937 1,013 15,255 101 9,480 471 16,570 |
Resources Resources Resomves Resources Resources Resources Resources Resources Resources Resources Governance |
expended expended expended expended expended expended expended expended expended expended |
| services Trustee expenses Staffcosts Fines and penalties |
54,374 36 71,004 575 |
54,374 36 71,004 575 |
72,259 70,581 |
Governance Governance Governance Governance |
||
| 25,462 | 139,037 | 164,499 | 198,429 | |||
| Analysed between |
||||||
| Raising funds Charitable activities |
2,271 23,191 |
12,404 126,633 |
14,675 149,824 |
22,719 175,710 |
||
| 25,462 | 139,037 | 164,499 | 198,429 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Independent Accountancy Bookkeeping Governance |
examination services |
fee | 7,224 5,824 6,425 7,578 |
7,874 8,156 7,385 7,976 |
| 27,051 | 31,391 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Gross wages Employers National Pension |
Insurance | 65,000 3,748 2456 |
65,000 3,757 1,824 |
|
| 71,004 | 70,581 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Revaluation Revaluation |
of of |
stock market investments investment properties |
37,278 75,000 |
g 42,023 32,000 |
|
| 112,278 | 74,023 |
| Intangible fixed assets |
Website | Total |
|---|---|---|
| Cost | ||
| At 1April 2021 | 7,655 | 7,655 |
| At 31March 2022 | 7,655 | 7,655 |
| Amortisation | ||
| At 1 April 2021 Amortisation charged in the year |
1,340 766 |
1,340 766 |
| At 31March 2022 | 2,106 | 2,106 |
| Carrying amount |
||
| At 31March 2022 | 5,549 | 5,549 |
| At 31March 2021 | 6,315 | 6,315 |
| STATEM | NTS FORTHE YE | AR ENDED 31M | ARCH 202 | |
|---|---|---|---|---|
| 14. | Tangible axed assets | Fixtures | ||
| Fittings dk |
||||
| Equipment | Computers | Total | ||
| Cost | g | |||
| At I April 2021 Additions |
19,019 531 |
6,501 623 |
25,520 1,154 |
|
| At 31March 2022 | 19,550 | 7,124 | 26,674 | |
| Depreciation | ||||
| At I April 2021 Depreciation charged in the year |
17,231 636 |
2,075 1,407 |
19,306 2,043 |
|
| At 31March 2022 | 17,867 | 3,482 | 21,349 | |
| Carrying amount | ||||
| At 31March 2022 | 1,683 | 3,642 | 5,325 | |
| At 31March 2021 | 1,788 | 4,426 | 6,214 | |
| 15. | Investment property |
|||
| Fair value | ||||
| At 1April 2021 Revaluation |
500,000 | |||
| 75,000 | ||||
| At 31March 2022 | ||||
| 575,000 |
| Ifinvestment pmperties were stated amounts would have been included |
on ahistorical costbasis rather than a fair as follows:- |
value basis, t |
|---|---|---|
| 2022 | 2021 | |
| Cost | ||
| 550,512 | 550,512 | |
| 550,512 | 550,512 |
| 2022 | 2021 | |
|---|---|---|
| Listed investments Cash or cash equivalents |
385,667 83,359 |
0 348,389 74,618 |
| 469,026 | 423,007 |
| Movements | in Sx | ed as | set investments | ||||
|---|---|---|---|---|---|---|---|
| Total | Total | ||||||
| 2022 | 2021 | ||||||
| 0 | |||||||
| Market value Net gain/floss) |
at 1 April on revaluation |
348,389 37,278 |
306,366 42,023 |
||||
| Market value Cash held in |
31March investment |
portfolio | 385,667 83,359 |
348,389 74,618 |
|||
| 469,026 | 423,007 | ||||||
| 17. | Debtors | ||||||
| 2022 | 2021 | ||||||
| 0 | |||||||
| Prepayments VAT Other debtor |
and accrued | income | 1,240 2,231 |
1,140 2,114 |
|||
| 3,471 | 3,254 | ||||||
| 1b. | Creditors: amounts | falling due within one year | |||||
| 2022 | 2021 | ||||||
| Other taxation Other creditors Accruals |
and social | security | 8,108 6,275 23,727 |
10,767 29,842 31,335 |
|||
| 38,110 | 71,944 |
| Balance at | Income | Expenditure | Gain on | Traasfers | Balance | |
|---|---|---|---|---|---|---|
| 1 | April 2021 | Investmeats | 31March | |||
| 2022 | ||||||
| g | ||||||
| Unrestricted funds |
||||||
| General fund | 1,446,978 | 103,981 | 393,978 | 112,278 | 10,856 | 1,280,115 |
| Designated | ||||||
| ISFGeneral Visibility Fund | 12,057 | (12,057) | ||||
| Total Unrestricted funds |
1,459,035 | 103,981 | 393,978 | 112,278 | (1,201) | 1,280,115 |
| Restricted funds | ||||||
| Books for Afghan Children | ||||||
| project The Chinese Language Project Access Books Distribution Spanish Language Project |
10,154 4,070 |
5,256 3,583 |
299 4,784 |
(4,070) 1,201 4,070 15,111 4,070 |
||
| Total Restricted funds | 14,224 | 8,839 | 5,083 | 1,201 | 19,181 | |
| Total Funds | Ii473259 | 112820 | 399061 | 112,278 | 1,299,296 |
| they as: |
were paid (collec | tively) f91,450 (2021: | f92,731). |
|---|---|---|---|
| 2022 | 2021 | ||
| Tahir | Shah | 10,700 | 34,150 |
| Safia | Shah | 20,875 | 26,075 |
| Saira | Shah | 30,622 | 31,225 |
| 2022 | 2021 | ||
|---|---|---|---|
| Tahir | Shah | 317 | 2,853 |
| Safia | Shah | 2,500 | 2,325 |
| Saira | Shah | 4,250 |
| 2022 | 2021 |
|---|---|
| 9,485 | 9,480 |
| At 31 March 2022 the Charity had total commit expiring as follows:- |
ments under non-cancellable operating le |
ments under non-cancellable operating le |
|---|---|---|
| Land and Buildings | ||
| 2022 | 2021 | |
| f. | ||
| Less than one year Between two and five years |
7,452 | 7,470 |
| 7,452 | 7,470 |