Iqra Welfare Forum
Iqra Welfare Forum Financial Statements For The Year Ended 30 November 2022
Charity Registration Number 1164921
INDEX
1 Statement of Financial Activities
- 2 Balance Sheet
3 - 6 Notes to the Financial Statements
Iqra Welfare Forum
Statement of Financial Activities
For The Year Ended 30 November 2022
| Notes Incoming Resources: Donations and gifts 2 Tution fees 3 Grants Received 4 Investment income 5 Sundry income 6 Total Income Resources Expended: Management and administration 7 Professional fees 8 Finance cost 9 Promotional cost 10 Total Expenditure Net movement in funds for the year Funds balances brought forward at 01 Dec 2021 14 Fund balances carried forward at 30 Nov 2022 14 |
Unrestricted Restricted Total Funds Funds 2022 £ £ £ 70,597 - 70,597 - - - - - - - - - - - - 70,597 - 70,597 75,897 - 75,897 - - - - - - - - - 75,897 - 75,897 (5,300) - (5,300) - - - - (5,300) - (5,300) |
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Iqra Welfare Forum
Balance Sheet
| As at 30 November 2022 Notes Fixed Assets: Tangible assets 11 Current assets: Debtors 12 Cash at bank and in hand Creditors: Amount falling due with one year 13 Net current assets Net assets Funds 14 Restricted Funds Unrestricted Funds Total funds |
£ £ - - 69,139 69,139 - 69,139 69,139 - (5,300) (5,300) 2022 |
|---|---|
Approved
By the management Committee on 02 Janaury 2026 and signed on its behalf by:
Chairman General Secretary Treasurer
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Iqra Welfare Forum
Notes to the Financial Statements
For The Year Ended 30 November 2022
1. Accounting policies
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1.1 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;
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1.2.1 resources from charitable activities
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1.2.2 services to the community 1.2.3 voluntary income - gifts
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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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1.7 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.
| 2. Donations and gifts Voluntary Organisations Council grants Tution fees Salford Social Services |
2022 £ 70,597 - - - 70,597 |
|---|---|
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Iqra Welfare Forum
Notes to the Financial Statements
For The Year Ended 30 November 2022
3. Service charges
| Service charges Hire of hall Translation/interpretation services Grants received National Lottery Community funds Nldc Neighbourhood Investment income Interest received on cash deposits Sundry income Other income Management and administration Wages and NI contributions Utility services Insurance Telephone Repairs Postage and stationery Service Charges Travel and transport Equipment repairs Security Health & saftey Rent Advertising |
- - - - - - - - - - - - - 23,758 11,345 - 40,794 - - - - - - - - 75,897 |
|---|---|
4. Grants received
5. Investment income
6. Sundry income
7. Management and administration
8. Professional fees
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Iqra Welfare Forum
Notes to the Financial Statements
For The Year Ended 30 November 2022
| Interpretation/Volunteers expenses Audit and accountancy Other 9. Finance cost Bank charges Depreciation Bad Debts 10. Promotional costs Festival celebration Chreche expenses Sundries 11. Tangible fixed assets Cost 05 April 2021 Addittions 05 April 2022 Depreciation 05 April 2022 Charges for the year 05 April 2022 Net book value 05 April 2021 05 April 2022 |
Equipment Fixtures & Fittings £ £ - - - - - - - - - - - - - - - - |
- - - - - - - - - - - - Total £ - - - - - - - - - |
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Iqra Welfare Forum
Notes to the Financial Statements
For The Year Ended 30 November 2022
12. Debtors
Debtors for services - Others - 13. Creditors: amount falling due within one year Loans - Other creditors - -
14. Analysis of fund balances between the net assets
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Restricted Unrestricted Total
£ £ £
- - -
Tangible fixed assets
Net current assets - - -
30 Nov 2021 - - -
30 Nov 2022 - - -
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