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**| |---|---|---| 1 ## **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**| |---|---|---| 2