AL-FURQAN EDUCATION CENTRE STATEMENT OF FINANCIAL ACTivirv 28 February 2023 ## **AL-FURQAN EDUCATION CENTRE Balance Sheet as at 28 February 2023** |**Fixed assets**
Property
Fixture & Fittings
Additions
**Current assets**
Bank/building society balances
**Current liabilities**
Trade creditors
**Long Term Liabilities**
BB Loan
Interest Free Loans
**Net Assets**
Represented by:
Accumulated Funds|**2023**
**£**
359,776
8,277
1,562
**369,615**
40
**369,655**
900
47,846
57,105
**263,804**
**263,804**|**2022**
**£**
359,776
6,227
2,050
**368,053**
15,272
**383,325**
600
46,679
92,105
**243,941**
**243,941**| |---|---|---| 1 ## **AL-FURQAN EDUCATION CENTRE Statement of Financial Activities for the year ended 28/02/2023 for the year ended 28 February 2023** |**Donations**
Donations
**Car, van and travel expenses**
Travel and subsistence
**Rent, rates, power and insurance costs**
Rates
Light and heat
Property insurance
**Repairs and renewals of property and equipment**
Repairs and maintenance
**Telephone, fax, stationery and other office costs**
Telephone and internet
**Advertising and business entertainment costs**
Advertising and PR
**Interest on bank and other loans**
Interest
**Bank, credit card and other finance charges**
Bank charges
**Accountancy, legal and other professional fees**
Accountants fees
Other legal and professional
**Other business expenses**
Subscriptions
Sundry expenses
Total Expenses
**Net Income for the year**
Fund Balance b/fwd
Fund Balance c/fwd|**2023**
**£**
63,835
1,163
585
13,013
344
13,942
424
919
17,442
1,167
1
300
2,674
2,974
1,050
4,890
5,940
**43,972**
19,863
243,941
**263,804**|**2022**
**£**
53,718
2,942
536
13,544
-
14,080
1,272
864
2,716
416
-
300
-
300
637
3,896
4,533
**27,123**
26,595
217,346
**243,941**| |---|---|---| 2