Mustafia Sharif
Mustafia Sharif Financial Statements For The Year Ended 31 July 2023
Charity Registration Number 1156867
INDEX
1 Statement of Financial Activities
2 Balance Sheet
- 3 - 6 Notes to the Financial Statements
7 Report of the Accountant
Mustafia Sharif
Statement of Financial Activities
| ForThe Year Ended 31 July2023 | . | . | |||
|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Total | ||
| Funds | Funds | 2023 | |||
| £ | £ | £ | |||
| Incoming Resources: | |||||
| Restricted and Unrestricted Funds | |||||
| Unrestricted Funds: | |||||
| Food and items cost donation | 2 | 62,522 | - | 62,522 | |
| Restricted Funds | |||||
| Government and otherGrants Received | 4 | - | 29,617 | 29,617 | |
| Total Income | 62,522 | 29,617 | 92,139 | ||
| Resources Expended: | |||||
| Raising Funds | rd | 16,740 | - | 16,740 | |
| StaffCosts restricted | 7 | - | 12,222 | 12,222 | |
| StaffCosts un restricted | 7 | 1,413 | 1,413 | ||
| Professional fees restricted funds | 8 | - | 1,095 | 1,095 | |
| Charitable Activities | 10 | 37,984 | 16,740 | 54,724 | |
| Total Expenditure | 56,137 | 30,057 | 86,194 | ||
| Net movement in funds | |||||
| fortheyear | 6,385 | (440) | 5,945 | ||
| Funds balances broughtforward | 2,699 | ||||
| at 1 Aug 2022 |
14 | - | - | ||
| Fund balances carried forward | - | - | |||
| at31July2023 | 14 | 9,084 | (440) | 5,945 |
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Mustafia Sharif
Balance Sheet
As at 31 July 2023
:
| Notes | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Fixed Assets: | ||||
| Tangible assets | 11 | 1,209 | ||
| Current assets: | ||||
| Debtors | 12 | - | ||
| Cash at bank and in hand | 7,435 | |||
| 7,435 | ||||
| Creditors: | ||||
| Amount falling due with one year | 13 | - | ||
| Net current assets | 7,435 | |||
| Net assets | 8,644 | |||
| Funds | 14 | |||
| Restricted Funds | (440) | |||
| Unrestricted Funds | 9,084 | |||
| Totalfunds | 8,644 | - |
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Approved
By the management Committee on 19th September 2023 and signed on its behalf by:
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Chairman
General Secreta
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Treasurer
Pilwe
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Mustafia Sharif
Notes to the Financial Statements
For The Year Ended 31 July 2023
1. Accounting policies
-
141 The Financial Statements have been prepared in accourdance with Company Law and applicable accounting standards and follow the recommendations in Statement of Recommended Practice: Accounting by Charities (SORP 2005).
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1:2 The income reflected on the Statement of Financial Activities in the year includes; 1.2.1 resources from charitable activities 1.2.2 services to the community
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1.2.3 voluntary income - gifts
-
1.2.4 investment income
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1.3 Restricted funds, as and when applicable, are to be used for specified purposes as required by the donor and expenditure which meets these criteria may be borne out of these funds.
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1.4 Other designated funds and other income received or genrated for the objects of the charity are available as general funds.
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1.5 Staff cost and overhead expenses are apportioned to the restricted funds and general purposes of the operational activities.
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1.6 Depriciation is provided on tangible assets at rates calculated to write off the cost of each asset over its estimated useful life.
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17 There has been no change in the accounting policies during the year.
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1.8 No taxation is provided within the financial statements as the Association is a registered charity.
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.
2023
£
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2. Donations and Gifts
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Food and items cost donation 62,522
Government and other Grants Received 29,617
92,139
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- Service charges
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Mustafia Sharif
Notes to the Financial Statements
For The Year Ended 31 July 2023
| Service charges | - | |
|---|---|---|
| Hire of hall | 268 | |
| Translation/interpretation services | - | |
| 268 | ||
| 4. | Grants received | |
| National Lottery Fund | 10,000 | |
| Yorkshire Grant Kickstart (Job Centre Plus) | 7,927 | |
| Canal and River Trust (Sport England) | 4,420 | |
| Manchester City Council | 5,520 | |
| One Manchester LIM Neighbourhood Grant | 250 | |
| BHA for Equality | 1,000 | |
| Manchester BME Network | 500 | |
| 29,617 | ||
| 5. | Investment income | |
| Interest received on cash deposits | - | |
| 6. | Sundry income | |
| Other income | - | |
| 7. | Stewardship, Administration and Coordination | |
| Staff Costs restricted | 12,222 | |
| Staff Costs un restricted | 1,413 | |
| Utility services | 202 | |
| Motor Expenses | = | |
| Telephone | 2,140 | |
| Cleaning & Waste | ||
| Donations Paid | - | |
| Service Charges | : | |
| Training & Subscriptions | 534 | |
| General Repairs | - | |
| Charity | - | |
| Travel & Accommodation | - | |
| Premises costs | 5,790 | |
| Advertising&Printing | 6,858 |
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,
,
:
Mustafia Sharif
Notes to the Financial Statements
For The Year Ended 31 July 2023
| 29,159 | |||||
|---|---|---|---|---|---|
| 8. | Professional fees | ||||
| Interpretation / Volunteers expenses | Fe | ||||
| Professional fees restricted funds | 1,095 | ||||
| Other | - | ||||
| 1,095 | |||||
| 9. | Finance cost | ||||
| Bank Charges | 196 | ||||
| Depreciation | 105 | ||||
| Bad Debts | = | ||||
| 301 | |||||
| 10. | Charitable Cost | ||||
| Charitable Expenditure - Restricted | 16,740 | ||||
| Charitable Expenditure - Unrestricted | 37,984 | ||||
| Sundries | 207 | ||||
| 54,931 | |||||
| 11. | Tangible fixed assets | ||||
| Equipment | Fixtures | & | Total | ||
| Fittings | |||||
| £ | £ | £ | |||
| Cost | - | - | - | ||
| 31 July2022 | 1,428 | 1,428 | |||
| Addittions | - | - | - | ||
| 31 July2023 | 1,428 | - | 1,428 | ||
| Depreciation | |||||
| 31 July 2022 | 114 | - | 114 | ||
| Charges for the year | 105 | ||||
| 31 July2023 | 219 | - | 114 | ||
| Net book value | |||||
| 31 July2022 | 1,209 | - | 1,209 | ||
| 31July2023 | - | - | - |
10. Charitable Cost
11. Tangible fixed assets
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Mustafia Sharif
Notes to the Financial Statements
For The Year Ended 31 July 2023
:
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1,209 -
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1,209
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12. Debtors
Debtors for services Others
13. Creditors: amount falling due within one year
Loans Other creditors
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-
-
.
-
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14. Analysis of fund balances between the net assets
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Restricted Unrestricted Total
£ £ £
Tangible fixed assets - - -
Net current assets - - -
31 July 2022 - ” -
31 July 2023 - - -
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Report of the Accountant
Mustafia Sharif
For The Year Ended 31 July 2023
| have examined the balance sheet and income and expenditure account together with the notes and have received such explanation as | considered necessary for the purposes of such an examination.
In my opinion the balance sheet presents a true and fair view of the state of affairs as at 31 July 2023 and the income and expenditure account presents a true and fair view of the results of operation for the year ended on that date.
Ghani & Co Certified Public Accountants
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10 Grandale street
Rusholme
Manchester en
M14 5WG GHANI & —ountANTS
19-09-2023 CERTIFY“;FIEDeanDALE PUBLIC A STREET
10 HOLME | ow
MANCHESTERMO 00
TEL: [0!] 61 257 22
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