AL-FURQAN EDUCATION CENTRE
STATEMENT OF FINANCIAL ACTIVITY
29 February 2024
AL-FURQAN EDUCATION CENTRE Balance Sheet as at 29 February 2024
| Fixed assets Property Fixture & Fittings Additions Current assets Cash Bank/building society balances Current liabilities Trade creditors Long Term Liabilities BB Loan Interest Free Loans Net Assets Represented by: Accumulated Funds |
2024 £ 368,664 9,839 15,852 394,355 250 13,755 408,360 1,380 47,846 55,605 303,529 303,529 |
2023 £ 359,776 8,277 1,562 369,615 0 40 369,655 900 47,846 57,105 263,804 263,804 |
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AL-FURQAN EDUCATION CENTRE Statement of Financial Activities for the year ended 28/02/2023 for the year ended 29 February 2024
| Donations Donations Car, van and travel expenses Travel and subsistence Rent, rates, power and insurance costs Rates Light and heat Property insurance Wages & NIC Wages Repairs and renewals of property and equipment Repairs and maintenance Telephone, fax, stationery and other office costs Stationery and printing 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 |
2024 £ 80,614 1,668 2,168 12,289 250 14,707 6,833 2,159 376 327 8,549 - 3 480 1,125 1,605 1,579 3,073 4,652 40,879 39,735 263,804 303,539 |
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 |
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