| Hussainia | Hussainia | Welfare | Trust | 1152408 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receipts | and payments | accounts | |||||||||||
| For the period from |
01I04I2020 | To | 31/03/2021 | ||||||||||
| e | e | ~ | |||||||||||
| Unrestricted funds |
Restricted funds |
Endowment funds |
Total | funds | Lastyear | ||||||||
| to the nearest 6 |
tothe | nearest 6 | tothe nearest 6 | tothe nearest 6 | tothe nearest 6 | ||||||||
| A1 Receipts | |||||||||||||
| Donations (zakat+sadaqah) |
34,252 | 34,252 | 31,239 | ||||||||||
| Mosque construction | 7,070 | 7,070 | 7,578 | ||||||||||
| Sponsor a ha5z | 822 | ||||||||||||
| Other donations | 120 | 120 | 3,720 | ||||||||||
| Gift Aid recovery | 10,483 | 10,483 | 14,311 | ||||||||||
| Qurbani | 2,980 | 2,980 | 4,898 | ||||||||||
| Education Support | 1,240 | 'l,240 | 1,200 | ||||||||||
| Sub total(Gross income forAR) |
44,855 | 12,112 | 56,96'7 | 63,592 | |||||||||
| A2 Asset and investment | |||||||||||||
| sales, {seetable). | |||||||||||||
| Sub total | |||||||||||||
| Total | receipts | 44,855 | 12,112 | 56,96? | 63,592 | ||||||||
| A3 Payments | |||||||||||||
| Donations distributed |
29,225 | 29,225 | 19,810 | ||||||||||
| Mosque construction | 1,430 | 7,070 | 8,500 | 21,140 | |||||||||
| Sponsor a hafiz | 822 | 822 | 2,200 | ||||||||||
| Bank charges | 154 | 171 | |||||||||||
| Qurbani | 2,980 | 2,980 | 4,898 | ||||||||||
| independent Examination |
Fee | 250 | 250 | 250 | |||||||||
| Education Support | 1,240 | 1,240 | 1,200 | ||||||||||
| Sub total | 31,059 | 12112 | 43,171 | 49,669 | |||||||||
| A4 Asset and investment | |||||||||||||
| purchases, see table) |
|||||||||||||
| Sub total | |||||||||||||
| Total payments | 31,059 | 'l2,112 | 43,171 | 49,669 | |||||||||
| Net ofreceipts/(payments) | 13,796 | 13,796 | 13,923 | ||||||||||
| A5 Transfers between | funds | ||||||||||||
| A6 Cash funds last | year end | 34,6 7 | 17 | 3 | 22,88? | ||||||||
| Cash funds this year | end | 50,606 |
| Only complete ifthe examiner needs to highlight matters ofconcern (see |
CC32, | |
|---|---|---|
| independent examination ofcharity accounts: directions and guidance for |
||
| examiners). | ||
| Give here brief details of | A number of items have been highlighted which demonstrate weaknesses |
|
| any items that the | within the activities ofthe trust. | |
| examiner wishes to | ||
| disclose. | 1- No receipts are issued for monies received via bank transfer which | |
| constitutes 94'/0 oftotal income. Cash income is receipted. (Circa |
6lo} | |
| This needs to be rectified and the trustees need to ensure that a proper | ||
| record ofwho has submitted monies and for what purpose can be |
||
| actively reviewed | ||
| 2- There are relatives ofthe trustees who make up a considerable | ||
| contribution to the funds being received in the year and receipts should |
||
| be issued. | ||
| 3- The due diligence in respect ofthe NGO's that are given the monies |
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| needs to be updated. | ||
| 4- The documentation provided to demonstrate review and validation |
ofthe | |
| NGO's is nearly 10years old and should be regularly checked and |
||
| validated that the NGO's are functioning and acting in accordance |
with | |
| an NGO as per Charity Commission guidelines. |
||
| 5- There is no record ofthe monies to whom are considered the recipients |
||
| in the destination country that can be reviewed. |
||
| 6- The trustees should ask for confirmation and proof that the people |
that | |
| are supposed to be receiving the monies / benefits are actually receiving |
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| it from the NGO and that there is an adequate paper trail. |