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|Trustees||A Rezaei||||
|---|---|---|---|---|---|
|||6Arjmandi||||
|||H Rahbad||||
|Charity number||1156782||||
|Independent|examiner|MGR Weston|Kay LLP|||
|||55 Loudoun|Road|||
|||StJohn's Wood||||
|||London||||
|||NWB ODL||||
|Bankers||Yorkshire Bank||||
|||154-158Kensington|||High Street|
|||London||||
|||Wg 7RL||||
|||Co - Operative||Bank||
|||195High Road||||
|||Wood Green||||
|||London||||
|||N22 60P||||
|Solidtors||Russell - Cooke||Solictors||
|||8 Bedford Row||||
|||London||||
|||WC1R 4BX||||





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||||Page|
|---|---|---|---|
|Trustees' report||||
|Statement of|trustees'|responsibilities||
|Independent|examiner's|report||
|Statement of|financial activities|||
|Balance sheet||||
|Notes tothe financial statements|||7-15|





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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2022|2022|2022|2021|2021|2021|
|||Notes|6|6|6|6|6|6|
|Inco|dowments||||||||
|Donations<br>and|legacies||121,178|11,257|132,435|138,170|13,729|151,899|
|Charitable<br>activities|||12,873||12,873|13,266||13,266|
|Investments|||64,610||64,610|62,581||62,581|
|Other incoming|resources||11,743||11,743|8,587||8,587|
|Total income|||210,404|11,257|221,661|222,604|13,729|236,333|
|IXI<br>dl|||||||||
|Cost ofraising funds|||6,724||6,724|18,078||18,078|
|Charitable<br>activities|||65,634||65,634|82,577||82,577|
|Total expenditure|||72,358||72,358|100,655||100,655|
|Net gains/(losses)<br>on|||||||||
|investments||13|25,000||25,000|15,000||15,000|
|Net income forthe year/|||||||||
|Net movement|in funds||163,046|11,257|174,303|136,949|13,729|150,678|
|Fund balances|at1January|2022|2,765,825|183,583|2,949,408|2,628,876|169,853|2,798,729|
|Fund balances|at31December||||||||
|2022|||2,928,871|194,839|3,123,710|2,765,825|183,582|2,949,407|





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||||2022||2021||
|---|---|---|---|---|---|---|
|||Notes|E||E||
|Fixed assets|||||||
|Tangible assets||14||855,857||862,751|
|Heritage assets||15||21,824||21,824|
|Investment<br>property||16||1,025,000||1,000,000|
|||||1,902,681||1,884,575|
|Current assets|||||||
|Debtors||17|34,152||27,979||
|Cash at bank and in|hand||1,253,564||1,103,150||
||||1,287,716||1,131,129||
|Creditors: amounts|falling due within one||||||
|year||18|(66,687)||(66,297)||
|Net current assets||||1,221,029||1,064,832|
|Total assets less current liabilities||||3,123,710||2,949,407|
|Income funds|||||||
|Restricted funds||19||194,839||183,582|
|Unrestricted<br>funds||||2,928,871||2,765,825|
|||||3,123,710||2,949,407|





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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2022|2021|
|||E|E|
|Rental|income|62,024|61,824|
|Interest|receivable|2,586|757|
|||64,610|62,581|



|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2022|2021|
|E|E|
|11,743|8,587|





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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2021|
|||||E|E|
||Investment|property|costs|6,724|18,078|
|||||6,724|18,078|
|8|Charitable activities|||||
|||||2022|2021|
|||||E|E|
||Insurance|||6,432|6,210|
||Bank service|charge||36||
||Advertising|||1,073|240|
||Rent||||13,998|
||Mall, postage and stationery|||926|3,623|
||Legal and professional||fees|5,587|16,651|
||Repairs and|maintenance||2,917|244|
||General expenses|||7,940|3,851|
||Depreciation|||17,426|17,027|
||Telephone and internet|||4,468|5,103|
||Utilities|||4,965|5,222|
||Secunty|||1,607|2,408|
||Travel and subsistence|||6,326||
||Grants payable|||1,330|3,800|
||Bad debts|||161||
|||||61,194|78,377|
||Share ofgovernance||costs (see note 9)|4,440|4,200|
|||||65,634|82,577|
||Analysis by|fund||||
||Unrestricted|funds||65,634|82,577|
|||||65,634|82,577|





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|9|Support costs|Support costs||||||
|---|---|---|---|---|---|---|---|
||||Support costs|Governance|2022 Supportcosts|Governance|2021|
|||||costs||costs||
||||E|E|E|E||
||Independent<br>examiner fees|||4,440|4,440||4,200|
||||||4,440|4,200|4,200|
||Analysed|between||||||
||Charitable|activities||4,440|4,440|4,200|4,200|



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|Tangible gxe|d assets||||||
|---|---|---|---|---|---|---|
||||Freehold land|Plant and|Fixtures and|Total|
||||and bugdlngs|equipment|fittings||
||||E|E|E||
|Cost|||||||
|At 1January|2022||928,312|15,765|34,733|978,810|
|Additions|||7,380||3,153|10,533|
|At 31December 2022|||935,692|15,765|37,886|989,343|
|Depreciation|and impairment||||||
|At 1January|2022||73,366|13,663|29,030|116,059|
|Depreciation|charged|in the year|14,713|526|2,187|17,426|
|At 31December 2022|||88,080|14,189|31,217|133,486|
|Carrying amount|||||||
|At31December 2022|||847,613|1,576|6,669|855,858|
|At 31December 2021|||854,946|2,102|5,703|862,751|



|15|Heritage assets||
|---|---|---|
|||Artwork|
|||E|
||At1January 2022 and at31December 2022|21,824|
|16|investment<br>property||
|||2022|
|||E|
||Fair value||
||At1January 2022|1,000,000|
||Net gains or losses through fair value adjustments|25,000|
||At 31December 2022|1,025,000|





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|Debtors||||
|---|---|---|---|
|||2022|2021|
|Amounts<br>falling due|within one year:|E|E|
|Trade debtors|||161|
|Other debtors||19,373|14,636|
|Prepayments<br>and accrued income||14,779|13,182|
|||34,152|27,979|
|Creditors: amounts|falling due within one year|||
|||2022|2021|
||||E|
|Trade creditors||13,904|11,689|
|Other creditors||19,611|19,611|
|Accruals and deferred income||33,172|34,997|
|||66,687|66,297|



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|||||Movement<br>in||Movement<br>in||
|---|---|---|---|---|---|---|---|
|||||funds||funds||
|||Balance at||Incoming|Balance at|Incoming|Balance at|
||t|January|2021|resourceat|January 2022|resources|31December|
||||||||2022|
||||E|E|E|E|E|
|Sadagheh||169,853||13,729|183,582|11,257|194,839|





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|20|Analysis ofnet assets between|funds||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||funds|funds||funds|funds||
|||2022|2022|2022|2021|2021|2021|
|||E|E|6|E|E|6|
||Fund balances at 31|||||||
||December 2022 are|||||||
||represented<br>by:|||||||
||Tangible assets|855,857||855,857|862,751||862,751|
||Heritage assets|21,824||21,824|21,824||21,824|
||Investment<br>properties|1,025,000||1,025,000|1,000,000||1,000,000|
||Current assets/(Iiabgities)|1,026,190|194,839|1,221,029|881,250|183,582|1,064,832|
|||2,928,871|194,839|3,123,710|2,765,825|183,582|2,949,407|



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