The Amir Khan Foundation
Annual Report & Accounts 31 December 2022
www.amirkhanfoundation.com
PUBLISHED: 31 DECEMBER 2022
CHARITY NO. 1158078
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What’s inside
| Annual Report About Us 3 Foreword 4 Activity Overview 6 Ukrainian Appeal 7 The Grand Iftar 11 Retirement Announcement 15 Bangladesh Floods Appeal 16 Food Poverty: UK 17 Pakistan Emergency Appeal: Floods 20 Independent Examiner’s Report 27 Statement of Financial Activities 28 Balance Sheet 29 Notes and Detailed Analysis of Income 30 Statement of Cash Flows 35 Detailed Statement of Financial Activities 35 Reference and Administrative Details 37 |
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First established in 2014, the Amir Khan Foundation provides support to people most in need, whether at home or abroad.
From the building of orphanages in Africa, to disaster relief following the 2015 floods in England, the Amir Khan Foundation is firmly rooted in service to vulnerable communities everywhere. Since its inception, the Amir Khan Foundation has responded to global emergencies and facilitated developmental projects across the world. The foundation exists to support individuals, families, and communities globally, and to offer relief and support during times of hardship, urgent need, and upheaval.
Since its launch, the Amir Khan Foundation has responded quickly to several global emergencies, and
as part of its pandemic relief effort, distributed 10,000 emergency food parcels to struggling families in Pakistan. In addition, the foundation partnered with Indian NGO Dasra to deliver emergency COVID support in India. A further partnership with another UK-based charity saw care boxes provided for key NHS staff in the UK to support their lifesaving work during the pandemic.
The foundation’s UK Food Poverty campaign led to a ground-breaking partnership with Fareshare, to tackle food inequality and waste, raising more than £50,000 through the Lots for Life auction.
Always shifting to meet emerging needs, the foundation aims to provide intervention wherever it is most needed.
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Foreword
This year proved to be an incredibly challenging yet simultaneously rewarding one for the Amir Khan Foundation.
Within our limited resources, we found ourselves overwhelmed by the unfolding crises across the world and the need for humanitarian intervention. From the unprecedented impact on the lives of civilians in Ukraine – something I witnessed first-hand when I travelled to visit with refugees in Poland alongside a government delegation – to climate catastrophes in South Asia, including Bangladesh and Pakistan, it has been a difficult year for many across the globe.
We began the year with the launch of our Ukrainian appeal, after the war led to the displacement of 6.48 million. I was particularly taken aback by reports of more than 6,000 orphans being made to evacuate. In light of this, I accompanied a government delegation to Poland where I visited with some of these children. As always in conflicts, women and children are the first to suffer. Many of these children had been separated from remaining family members, which was particularly difficult to see as they longed for home and familiarity.
We saw the impact of the current climate catastrophe later in the year when unprecedented flooding across South Asia caused widespread destruction in Bangladesh and Pakistan. Our team in Pakistan mobilised quickly to get out essential supplies to people suffering in the worst-hit areas, including emergency shelter, food packs and the distribution of hot meals.
Our partnership with Hands Across the Skies was a key achievement for the foundation this year: the arrangement of a 35-ton shipment of aid, despite the logistical nightmares, in just seven days was expertly managed by my team. A group of volunteers, including my brother, accompanied the shipment and hand-packed, delivered and distributed aid alongside our Pakistan team.
It has been a testing year but following my retirement, I am more eager to expand my philanthropic endeavours through the foundation and commit my time and extensive network to further reach those in need of help across the world.
In April, we held the foundation’s first and record-breaking Grand Iftar during Ramadan. I wanted to ensure that the Ukrainian children I had visited weren’t lost as statistics, and the Grand Iftar presented the perfect opportunity to share the reality of displaced Ukrainians, share their stories and raise essential funds.
Amir Khan Founder, Amir Khan Foundation
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A volunteer disitributes aid amidst the flooding crisis Nowshera, Pakistan
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Activity Overview
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Ukrainian Appeal
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Ukrainian Appeal
Following the invasion of Ukraine in February 2022, a staggering 6.48 million people had been displaced, with 3.5 million having fled the country altogether.
UK Delegation of State Representatives to Poland
Reports indicate that upwards of 6,000 orphans were evacuated, while for the families left behind, access to basic necessities such as water, food and health remained restricted in areas of active conflict.
Founder and chairman of the Amir Khan Foundation – Amir Khan – accompanied a delegation of state officials to Poland, visiting Ukrainian refugees to witness firsthand the impact of the conflict on the millions who had been displaced.
Natalie Elphicke Baroness MP for Dover & Deal Fiona Hodgson
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Amanda Solloway
MP for Derby North
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Tom Randall MP for Gedling
Lord Daniel Hannan
Baroness Danny Kruger Natalie Evans MP for Devizes
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Jerome Mayhew James Oliver Wild
MP for Broadland MP for North West Norfolk
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As part of the visit, the foundation pledged the provision of a new outdoor fitness playground for a Polish refugee home, housing Ukrainian orphans and children with learning disabilities. Founder Amir Khan led the installation of the fitness playground himself: digging up holes, placing the foundation, and finally unveiling the space to the children, later competing in mock contests on the outdoor fitness equipment - much to the delight of the children.
Overwhelmed by both the resolve of the children, and the worsening crisis in Ukraine, the foundation launched an emergency Ukraine appeal, with implementation partners the International Red Cross and the Red Crescent Movement, to deliver immediate assistance on the ground.
Delivered across Ukraine
Food Packs Containing a mixture of 22 essential food items, including rice, paste, tuna, oil, salt and sugar.
Hygiene Packs (child and adult) Essential items for babies and children, including diapers and blankets, as well as general hygiene items such as soap, shampoo and sanitary towels.
Clothing
First-Aid Training
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“In any conflict, it’s always the children who suffer the most. But children are also incredibly resilient, and that’s exactly what I’ve encountered here in Poland. As a father of three, I can’t imagine a world in which my children would be left to fend for themselves; to be forced to leave their home and the life they’ve always known - and that, too, without myself or my wife to protect them. It is every parent’s worst nightmare.”
Amir Khan Founder, Amir Khan Foundation
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The Grand Iftar
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The Grand Iftar
In April 2022, the Amir Khan Foundation made history by hosting the largest ballroom iftar in the UK. The Amir Khan Foundation’s ‘Grand Iftar’ – an exclusive black-tie iftar, held at London’s prestigious Park Lane hotel The Dorchester – raised crucial funds for the Ukraine emergency appeal to deliver assistance to those most in need on the ground.
The foundation’s founder and chairman, Amir Khan, was in attendance on the night, including the charity’s trustee – Faryal Makhdoom.
The Grand Iftar treated guests to a threecourse meal courtesy of Sapna Caterers who specialise in innovative, luxury South-Asian cuisine. The evening’s programme began with a recitation of the Quran by superstar Harris J, and was hosted by BBC and Premier League sports presenter, Reshmin Choudhry.
Guests were entertained by world-class auctioneer Jonny Gould, who auctioned off grand prizes such as an exclusive seven-night stay in the Caribbean, signed Mike Tyson
gloves and Swarovski encrusted artwork by San B.
International singing sensation Mesut Kurtis graced the stage with his band to deliver an iconic performance of the ‘Burdah’. Later, comedian Patrick Monahan had the audience in stitches with his hilarious set.
A wide roster of VIPs on the guest list included former boxers David Haye and Derek ‘War’ Chisora, former England cricketers Monty Panesar and Saj Mahmood, radio presenter and DJ, Neev Spencer, musician Sophia Saffarian, and a host of social media influencers.
Indian street-food restaurateur, Chaiiwala, was the headline partner for the leading iftar and was joined by event partners Awakening Music, Coco, Enchanted by Syma, Middle Eight Hotel, Regal Foods, Sapna Caterers, The Date Company London and Zee5. Refine Events, the British Pakistan Foundation, Calibar, Spectrum Events and Tekk Group were also supporting partners on the night.
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The Grand Iftar
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“I am thrilled to be hosting our foundation’s first Grand Iftar – a historical event, given it’ll be the UK’s largest ballroom iftar to date. This is a wonderful time for us to come together and raise essential funds for those most in need.”
Amir Khan Founder, Amir Khan Foundation
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Retirement Announcement
In May, founder of the Amir Khan Foundation – two-time world boxing champion – Amir Khan announced his retirement.
Retiring with a professional record of 34 wins from his 40 fights, boxing aficionados recognised that his legacy as one of the most entertaining and finest British boxers of his era had longbeen cemented.
Amir said he looked forward to spending time with his family and focussing on his philanthropy endeavours through the Amir Khan Foundation.
“It’s time to hang up my gloves. I feel blessed to have had such an amazing career that has spanned over 27 years.
I want to say a heartfelt thanks and to the incredible teams I have worked with and to my family, friends and fans for the love and support they have shown me.”
Amir Khan
Two-time world boxing champion
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Bangladesh Floods Appeal
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Bangladesh Floods Appeal
In June, flash flooding caused millions to become displaced in Bangladesh. Unprecedented storms left millions stranded in what has been described as ‘one of the worst floodings ever seen’ in the region. Torrential rain and upstream water had submerged towns and villages in northeastern Bangladesh, leaving 84% of the district of Sylhet submerged.
The Amir Khan Foundation launched an urgent appeal to support relief efforts and increase emergency supplies. The emergency appeal helped to fund criticallyneeded aid – including hot meals for rescue centres, dry food packs and monthly food packs for families. Medical supplies were also provided, along with materials to help rebuild areas that had been destroyed.
“The people of Bangladesh have been subjected to unpredictable, violent storms causing severe destruction to their homes and livelihoods. Entire villages have been submerged in water leaving people no choice but to find safety. We must act now to help provide support for them.”
Delivered across Bangladesh
Medical Hot Support Meals
Emergency Family Food Packs Food Packs (month rations)
Amir Khan Founder, Amir Khan Foundation
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Food Poverty: UK
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Food Poverty: UK
Our long-standing food poverty initiative has seen essential intervention both at home in the UK and in Pakistan. The foundation’s partnership with the UK’s largest food redistribution charity fighting food poverty and waste, Fareshare, which was established last year, continues to allow us the opportunity to support families struggling with the cost-of-living crisis.
8.4 million people in the UK living continue to live in food poverty and are being forced to skip meals. In July, we partnered with Perry’s Pantry in south Manchester to get vital supplies to families most in need.
At his Gloves gym in Bolton, both Amir Khan and fellow trustee, Faryal Makhdoom helped pack up hundreds of boxes of basic necessities – including oil, pasta and rice – as well as a few sweet treats.
The initiative provided essential packs that are designed to last for seven days, which can either be picked up from Perry’s Pantry or delivered for just 50p. Footage of Amir personally delivering the boxes to individual homes was also captured by BBC Three for inclusion in the next series of ‘Meet the Khans: Big in Bolton’.
Perry’s Pantry was established in December 2020 after the effects of the pandemic caused widespread job losses and redundancy. But while traditional food banks tend to offer around three days’ worth of supplies, the team felt that providing food for seven days would be far more beneficial – especially for families who are juggling long working hours with the demands of childcare.
Amir hand-delivered several food packs and spoke to families impacted at length about the necessary and immediate interventions required.
“Millions of people in the UK are without food, while tonnes of perfectly good food is being wasted by restaurants and companies. As the cost-of-living crisis continues, families are struggling in unprecedented ways. It’s essential that our charity begins at home.”
Amir Khan Founder, Amir Khan Foundation
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Pakistan Emergency Appeal: Floods
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Pakistan Emergency Appeal: Floods
In August, Pakistan declared a state of emergency due to the devastating floods. Monsoon rainfall causing flash floods devastated the country, killing over 1,700 and destroying almost 1.7 million homes.
In Sindh, Balochistan, Swat and several other areas across the country, hundreds of thousands were displaced and millions more impacted by the floods. The Sindh province alone endured nearly eight times its average August rainfall, with officials comparing the disaster to 2010 - the worst on record.
The floods left 33 million people - 15% of the country’s total population - without access to shelter, food, clothing, and medical aid. More than 633,000 turned to relief camps for refuge, while many more were temporarily displaced and being hosted by other households.
The Amir Khan Foundation launched an emergency appeal to help provide critical support to those suffering across Pakistan. Our team on the ground mobilised quickly to provide emergency shelter, hygiene kits, food packs and cooked meals to those left displaced by the flooding crisis across Khyber Pakhtunkhwa (KPK), South Punjab, Sindh and Balochistan.
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The Amir Khan Foundation
is on the ground in:
KPK
SOUTH
PUNJAB
BALOCHISTAN
SINDH
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Distribution Overview:
4 tons of aid distributed
300+ families supported with food packs
20+ Amir Khan Foundation volunteers on the ground distributing aid
“The sheer extent of destruction in Pakistan is unlike anything I’ve witnessed before. It devastates me to see my beautiful homeland suffering in this way. People who were already living on the poverty line have now lost what little they had. We must band together to support those who have fallen victim to the consequences of climate change.”
Amir Khan Founder, Amir Khan Foundation
Two-time world boxing champion Amir Khan donates £20,000 to Pakistan floods crisis
After having seen the widespread destruction caused by the floodings across Pakistan, Amir Khan pledged £20,000 to provide food, sanitation, health, and shelter to those most impacted.
With a team already mobilised on the ground, Amir’s generous donation allowed the purchasing of essential items including food packs, emergency shelter tents, medical supplies and more for families in the worst-hit areas.
The two-time world boxing champion also used the opportunity to educate audiences on what was happening on the ground, as well as publicising the emergency appeal.
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UK to Pakistan Aid Shipment
In early September, the Amir Khan Foundation partnered with UK charity Hands Across the Skies to deliver a 35-ton shipment of aid to Pakistan following the devastating monsoon flooding.
The floods left more than one-third of Pakistan underwater. Thirty-three million people - 15% of the country’s total population - were affected by the disaster.
Following the launch of the foundation’s emergency appeal for the country and having mobilised its team in Pakistan to begin the immediate distribution of aid across KPK, South Punjab, Sindh and Balochistan, the aid shipment was swiftly arranged from the UK to Pakistan to provide further support.
carrying critical relief supplies and a team of volunteers from the UK, including Amir Khan’s brother, Harry Khan.
The ‘humanitarian airbridge solution’, Hands Across the Skies, pledged its support to the foundation to facilitate the shipment. The UK-based organisation aims to connect children across the globe in times of crisis to provide support and solidarity. Their inaugural flight delivered aid to Ukraine at the peak of the crisis.
The foundation’s founder – Amir Khan’s – daughter, eight-year-old Lamaisah Khan, joined Hands Across the Skies as their Pakistan ambassador.
The 35-ton shipment contained hygiene items including hygiene kits, towels, blankets, nappies, sanitary towels, soap, mosquito repellents and more, supplied predominantly through partnerships with corporate donors – all of whom were eager to pledge their support for those suffering in the flooding crisis.
The chartered shipment of aid left on 14 September from East Midlands Airport
NOWSHERA
SWAT & MANGORA
CHARSADA
DERA ISMAEL KHAN TOUNSA SHARIF
“I’m thrilled to be partnering with Hands Across the Skies. Our children are our future, so it’s important they engage with each other and build these bridges - especially at a time of great need. My deepest gratitude to Hands Across the Skies for their generous donation of the flight and helping my team with the logistics of this shipment. It really renews my faith in humanity when we come together like this during a crisis.”
Amir Khan Founder, Amir Khan Foundation
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Aid Shipment Distribution Pakistan
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The Amir Khan Foundation
Report and Accounts
Independent Examiner’s Report to the trustees of The Amir Khan Foundation
I report to the trustees on my examination of the financial statements of The Amir Khan Foundation for the year ended 31 December 2022 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011(‘the Act’). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
As the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of .
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:
-
the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of the financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Signed:-
Waqas Imtiaz Khan
Chartered Certified Accountants S.Asghar & Co 85 Station Road Harrow London HA2 7SW
18 September 2023
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Statement of Financial Activities for the year ended 31 December 2022
| Notes | Unrestricted funds |
Total Funds |
Total Funds |
|
|---|---|---|---|---|
| 2022 | 2022 | 2021 | ||
| £ | £ | £ | ||
| Income & Endowments from: | ||||
| Donations and legacies | 3 | 388,948 | 388,948 | 159,094 |
| 388,948 | 388,948 | 159,094 | ||
| Total | ||||
| Expenditure on: | ||||
| Charitable activities | 4 | 288,235 | 288,235 | 189,967 |
| Other | 5 | 25,473 | 25,473 | 21,950 |
| Total | 313,708 - |
313,708 - |
211,917 - |
|
| Netgains on investments | ||||
| Net(expenditure)/income | 75,240 - |
75,240 - |
(52,823) - |
|
| Transfers between funds | ||||
| Net (expenditure)/income before othergains/(losses) |
75,240 | 75,240 | (52,823) | |
| Othergains and losses | ||||
| Net movement in funds | 75,240 13,029 |
75,240 13,029 |
(52,823) 65,851 |
|
| Reconciliation of funds: | ||||
| Total funds brought forward | ||||
| Total funds brought forward | 88,269 | 88,269 | 13,028 |
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Balance Sheet at 31 December 2022
| Balance Sheet at 31 December 2022 | |||||
|---|---|---|---|---|---|
| Notes | 2022 | 2021 | |||
| £ | £ | ||||
| Current assets | |||||
| Cash at bank and in hand | 109,393 | 33,298 | |||
| 109,393 | 33,298 | ||||
| Creditors:Amount fallingdue within oneyear | 7 | (21,124) | (20,270) | ||
| Net current assets | 88,269 | 13,028 | |||
| Total assets less current liabilities | 88,269 | 13,028 | |||
| Net assets excluding pension asset or liability | 88,269 | 13,028 | |||
| Total net assets | |||||
| Net current assets | 88,269 | 13,028 | |||
| The funds of the charity | |||||
| Restricted funds | 8 | ||||
| Unrestricted funds | 8 | ||||
| General funds | 88,269 | 13,029 | |||
| 88,269 | 13,029 | ||||
| Reserves | 8 | ||||
| Total funds | 88,269 | 13,029 |
Approved by the trustees on 31 December 2022
And signed on their behalf by:
A. Khan Trustee
18 September 2023
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Notes to the Accounts for the year ended 31 December 2022
1 Accounting policies
Income
Recognition of income
Basis of preparation
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted funds
These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds
These are unrestricted funds earmarked by the trustees for particular purposes.
Revaluation funds
These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds
These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related expenditure
Where income has related expenditure the income and related expenditure is reported gross in the SoFA.
Donations and legacies
Voluntary income received by way of grants, donations and gifts is included in the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on donations and gifts Donated services and facilities
Income from tax reclaims is included in the SoFA at the same time as the gift/donation to which it relates.
These are only included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help
The value of any volunteer help received is not included in the accounts.
Investment income
This is included in the accounts when receivable.
Gains/(losses) on revaluation of fixed assets
This includes any gain or loss resulting from revaluing investments to market value at the end of the year.
Gains/(losses) on investment assets
This includes any gain or loss on the sale of investments.
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Expenditure
Recognition of expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on raising funds
These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company’s cash management.
Trade and other creditors
Expenditure on charitable activities
These comprise the costs incurred by the Charity in the delivery of its activities and services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable
All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs
These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure
These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from tax on its charitable activities.
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
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2 Statement of Financial Activities - prior year
| Unrestricted funds 2021 |
Total funds 2021 |
|
|---|---|---|
| £ | £ | |
| Income and endowments from: | ||
| Donations and legacies | 159,095 | 159,095 |
| Total | 159,095 | 159,095 |
| Expenditure on: | ||
| Charitable activities | 189,967 21,950 |
189,967 21,950 |
| Other | ||
| Total | 211,917 | 211,917 |
| Net income | (52,822) | (52,822) |
| Net income before othergains/(losses) | (52,822) | (52,822) |
| Othergains and losses: | ||
| Net movement in funds | (52,822) | (52,822) |
| Total funds brought forward | 65,851 | 65,851 |
| Total funds carried forward | 13,029 | 13,029 |
3 Income from donations and legacies
| Unrestricted | Total 2022 | Total 2021 | |
|---|---|---|---|
| £ | £ | £ | |
| 388,948 | 388,948 | 159,094 | |
| 388,948 | 388,948 | 159,094 |
4 Expenditure on charitable activities
| Expenditure on charitable activities | Unrestricted | Total 2022 | Total 2021 |
|---|---|---|---|
| £ | £ | £ | |
| Governance costs | 288,235 | 288,235 | 189,967 |
| 288,235 | 288,235 | 189,967 |
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5 Other expenditure
| 5 Other expenditure | |||
|---|---|---|---|
| Unrestricted | Total 2022 | Total 2021 | |
| £ | £ | £ | |
| Motor and travel costs | 3,070 | 3,070 | 315 |
| General administrative costs | 18,483 | 18,483 | 17,360 |
| Legal andprofessional costs | 3,920 | 3,920 | 4,275 |
| 25,473 | 25,473 | 21,950 |
6 Staff costs
| 6 Staff costs | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Salaries and wages | - | - | |
| - | - |
No employee received emoluments in excess of £60,000.
7 Creditors
| 7 Creditors | ||
|---|---|---|
| Amounts fallingdue within oneyear | 2022 | 2021 |
| £ | £ | |
| Trade creditors | 7,209 | 7,537 |
| Other creditors | - | 2,418 |
| Accruals | 13,915 | 10,315 |
| 21,124 | 20,270 |
34
8 Movement in funds
| 8 Movement in funds | ||||
|---|---|---|---|---|
| At 1 Jan 2022 |
Incoming resources (including other gains/ losses) |
Resources expended |
At 31 Dec 2022 |
|
| £ | £ | £ | ||
| Restricted funds: | ||||
| Unrestricted funds: | ||||
| General funds | 13,029 | 388,948 | (313,708) | 88,269 |
| Total funds | 13,029 | 388,948 | (313,708) | 88,269 |
9 Analysis of net assets between funds
| Amounts falling due within one year | Unrestricted funds |
Total |
|---|---|---|
| £ | £ | |
| Net current assets | 88,269 | 88,269 |
| 88,269 | 88,269 |
10 Reconciliation of net debt
| At 1 Jan 2022 |
Cash flows | At 31 Dec 2022 |
|
|---|---|---|---|
| £ | £ | ||
| Cash and cash equivalents | 33,298 | 76,095 | 109,393 |
| Net debt | 33,298 | 76,095 | 109,393 |
35
Statement of Cash flows for the year ended 31 December 2022
| Statement of Cash flows for the year ended 31 December 2022 |
||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | £ | |||
| Cash flows from operating activities | ||||
| Net income/(expenditure) per Statement of Financial Activities |
75,240 | (52,822) | ||
| Adjustments for: | ||||
| (Decrease)/Increase in trade and otherpayables | 854 | (33,262) | ||
| Net cash(used in)/provided by operating activities | 76,094 | (86,084) | ||
| Net cash from investing activities | - | - | ||
| Net cash from financing activities | - | - | ||
| Net(decrease)/increase in cash and cash equivalents | 76,094 | (86,084) | ||
| Cash and cash equivalents at the beginning of theyear |
33,298 | 119,383 | ||
| Cash and cash equivalents at the end of theyear | 109,392 | 33,299 | ||
| Components of cash and cash equivalents | ||||
| Cash and bank balances | 109,393 | 33,298 | ||
| 109,393 | 33,298 |
Detailed Statement of Financial Activities for the year ended 31 December 2022
| for the year ended 31 December 2022 | |||
|---|---|---|---|
| Unrestricted funds |
Total Funds |
Total Funds |
|
| 2022 | 2022 | 2021 | |
| £ | £ | £ | |
| Income and endowments from: | |||
| Donations and legacies | 388,948 | 388,948 | 159,094 |
| ~~Total income and endowments~~ | 388,948 | 388,948 | 159,094 |
| Expenditure on: | |||
| Charitable activities | 288,235 | 288,235 | 189,967 |
| Total of expenditure on charitable activities | 288,235 | 288,235 | 189,967 |
36
Detailed Statement of Financial Activities for the year ended 31 December 2022 continued...
| Unrestricted funds |
Total Funds |
Total Funds |
||
|---|---|---|---|---|
| 2022 | 2022 | 2021 | ||
| £ | £ | £ | ||
| Motor and travel costs | ||||
| Travel and subsistence | 3,070 | 3,070 | 315 | |
| 3,070 | 3,070 | 315 | ||
| General administrative costs, includingdepreciation and amortisation |
||||
| Bank charges | 98 | 98 | 187 | |
| General insurances | - | - | 238 | |
| Information andpublications | 7,391 | 7,391 | 2,399 | |
| Software, IT support and related costs | 8,500 | 8,500 | 11,788 | |
| Stationeryandprinting | 826 | 826 | - | |
| Subscriptions | 565 | 565 | 269 | |
| Sundryexpenses | 1,103 | 1,103 | 2,479 | |
| 18,483 | 18,483 | 17,360 | ||
| Legal andprofessional costs | ||||
| Audit/Independent examination fees | 3,600 320 |
3,600 320 |
2,400 1,875 |
|
| Other legal andprofessional costs | ||||
| 3,920 | 3,920 | 4,275 | ||
| Total of expenditure of other costs | 25,473 313,708 - |
25,473 313,708 - |
21,950 211,917 - |
|
| Total expenditure | ||||
| Netgains on investments | ||||
| Net income/(expenditure) | 75,240 | 75,240 | (52,823) | |
| Net income/(expenditure) before other gains/(losses) | 75,240 | 75,240 | (52,823) | |
| Other Gains | - | - | - | |
| Net movement in funds | 75,240 | 75,240 | (52,823) | |
| Reconciliation of funds: | ||||
| Total funds brought forward | 13,029 | 13,029 | 65,851 | |
| Total funds carried forward | 88,269 | 88,269 | 13,028 |
37
Reference and Administrative Details
The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2022.
Principal Office
Premier House Prince Street Bolton Lancashire BL1 2NP
Trustees
The following trustees served during the year:
A. Khan S.M. Khan
Directors of Corporate Trustees
Mr Amir Khan
Accountants
S.Asghar & Co Chartered Certified Accountants 85 Station Road Harrow London HA2 7SW
Bankers
The Royal Bank of Scotland Bolton Group Branch 46 -48 Deansgate Bolton Lancashire BL1 1BH
Charity No. 1158078