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2022-03-31-accounts

The Charity Registration Number is :- 1169028

ZUBEIDA CHARITABLE TRUST

Report and Accounts

31 March 2022

ZUBEIDA CHARITABLE TRUST

Report and accounts for the year ended 31 March 2022

Contents

Page
Trustees' Annual Report 1-3
Statement of Trustees's responsibilities 4
Independent Accountant's Report 5-6
Funds Statements:-
Statement of Financial Activities 7
Statement of Financial Activities - Prior Year statement 8
Movements in funds 9
Income and Expenditure account 10
Balance sheet 11
Notes to the accounts 12-16

ZUBEIDA CHARITABLE TRUST

Trustees' Annual Report for the year ended 31 March 2022

The Trustees present their Report and Accounts for the year ended 31 March 2022.

Reference and administrative details

The charity name.

The legal name of the charity is:- ZUBEIDA CHARITABLE TRUST.

The charity is also known by its operating name, Zubeida Charitable Trust.

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1169028.

The charity does not operate in any overseas jurisdictions.

Legal structure of the charity

The charity is constituted as a Charitable Incorporated Organisation (CIO) in England & Wales. The governing document of the charity is the constitution of the CIO as approved by the Charity Commission in England & Wales (CCEW) .

The governing document is dated 01 July 2016

1

ZUBEIDA CHARITABLE TRUST

Trustees' Annual Report for the year ended 31 March 2022

The principal operating address and telephone number of the charity are:-

70 Edinburgh Road

London E17 7QB

Telephone: 07877136033

The Trustees in office on the date the report was approved were:-

Mohamed Patel

Ayub Patel Hammaad Patel Imran Patel

The following persons served as Trustees during the year ended 31 March 2022 :-

The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

Zubeida Charitable Trust is a general purpose charity and aims to support a range of charitable causes for the public benefit.

The main focus being on

i.) humanitarian relief and development via financial or other aid; ii.) educational aid, religious (Islamic) and secular; iii.) medical aid.

The main activities undertaken in relation to those purposes during the year.

Making grants to charitable purposes for various public benefits.

The main activities undertaken during the year to further the charity's purpose for the public benefit.

Making grants for charitable purposes to various UK charities, which are registered with the Charities Commission.

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.

2

ZUBEIDA CHARITABLE TRUST

Trustees' Annual Report for the year ended 31 March 2022

The main achievements and performance of the charity during the year.

13 applications were received and approved to the following:

Name Charity Registeration Number
Valan Social Welfare Trust 1119218
Al-Hasanaat Foundation 1142791
Burma Aid 1159972
Molvi Ebrahim Mulla Foundation 1096887
Ummah Welfare Trust 1000851
Masjid-E- Umer Trust 1083652
Global Welfare Relief 1170887
Imdaadul Ghurabaa Trust 1077418
Olive Lantern Trust 1148821
Human Medical Aid 1186419
Crescent Learning Centre (Makki Masjid Trust) 1129470
Noor Aid 1127363
Sightsavers 207544

Financial review

The charity's financial position at the end of the year ended 31 March 2022

The financial position of the charity at 31 March 2022 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Net income
Unrestricted Revenue Funds available for the
general purposes of the charity
Restricted Revenue Funds
Total Funds		 2022
£
(6,480)
110 269
515,627
625,896		 2021
£
4,973
104 999
527,377
632,376

Financial review of the position at the reporting date, 31 March 2022 .

The trustees consider the financial performance by the charity during the year to have been satisfactory.

Details of The Independent Examiner

MR P. JAYAWARDENE Member of The Institute of Chartered Accountants 4A The Avenue Highams Park London E4 9LD

3

ZUBEIDA CHARITABLE TRUST

Trustees' Annual Report for the year ended 31 March 2022

Statement of Trustees' Responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

This report was approved by the board of trustees on 2 September 2022.

M Patel

MR MOHAMED PATEL BSc MRICS Trustee (Head)

4

ZUBEIDA CHARITABLE TRUST

Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 March 2022

I report to the Trustees on my examination of the financial statements of the charity on pages 7 to 16 for the year ended 31 March 2022 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW), and under the historical cost convention and the accounting policies set out on pages 12 to 13.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 4, you, the charity's Trustees, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

a) examine the financial statements of the charity under Section 145 of the Act;

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. 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 setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

5

ZUBEIDA CHARITABLE TRUST

Independent Examiner's Statement, Report and Opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as required by with Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination; have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

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:-

Peter Jayawardene

Peter Jayawardene (Sep 15, 2022 21:23 GMT+1)

MR P. JAYAWARDENE - Independent Examiner

Member of The Institute of Chartered Accountants

4A The Avenue Highams Park London E4 9LD

This report was signed on 15 September 2022

6

ZUBEIDA CHARITABLE TRUST - Statement of Financial Activities for the year ended 31 March 2022

Statement of Financial Activities for the year ended 31 March 2022

SORP
Ref
Income & Endowments from:
Donations & Legacies
A1
Investments
A4
Total income
A
Expenditure on:
Charitable activities
B2
Total expenditure
B
Net income for the year
Net income after transfers
A-B
Net movement in funds
Reconciliation of funds:-
E
Total funds brought forward
Total funds carried forward
Current year
36,296
12,816
49,112
43,842
43,842
5,270
5,270
5,270
104,999
110,269
Unrestricted
Funds
2022
£		 Current year
-
-
-
11,750
11,750
(11,750)
(11,750)
(11,750)
527,377
515,627
Restricted
Funds
2022
£		 Current year
36,296
12,816
49,112
55,592
55,592
(6,480)
(6,480)
(6,480)
632,376
625,896
Total Funds
2022
£		 Prior Year
27,702
12,049
Total Funds
2021
£
39,751
34,778
34,778
4,973
4,973
4,973
627,403
632,376

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All activities derive from continuing operations

The notes attached on pages 12 to 16 form an integral part of these accounts.

7

ZUBEIDA CHARITABLE TRUST - Statement of Financial Activities for the year ended 31 March 2022

ZUBEIDA CHARITABLE TRUST - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP


paragraph 4.2 of the SORP
SORP
Ref
Income & Endowments from:
Donations & Legacies
A1
Investments
A4
Total income
A
Expenditure on:
Charitable activities
B2
Total expenditure
B
Net income for the year
Net income after transfers
A-B
Net movement in funds
Reconciliation of funds:-
E
Total funds brought forward
Total funds carried forward		 Prior Year

Unrestricted
Funds
2021
£
27,702
12,049
39,751
23,016
23,016
16,735
16,735
16,735
88,264
104,999		 Prior Year
Restricted
Funds
2021
£
-
-
-
11,762
11,762
(11,762)
(11,762)
(11,762)
539,139
527,377		 Prior Year
Total Funds
2021
£
27,702
12,049
39,751
34,778
34,778
4,973
4,973
4,973
627,403
632,376

All activities derive from continuing operations

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.'

The notes attached on pages 12 to 16 form an integral part of these accounts.

8

ZUBEIDA CHARITABLE TRUST - Statement of Financial Activities for the year ended 31 March 2022

ZUBEIDA CHARITABLE TRUST - Resources applied in the year ended 31 March 2022 towards fixed assets for Charity use:-

Funds generated in the year as detailed in the SOFA
Net resources available to fund charitable activities		 2022
£
(6,480)
(6,480)		 2021
£
4,973
4,973

The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.

Movements in revenue and capital funds for the year ended 31 March 2022

Revenue accumulated funds

Unrestricted
Funds
2022
£
Accumulated funds brought forward
104,999
Recognised gains and losses before
transfers
5,270
110,269
Closing revenue funds
110,269
Summary of funds
Unrestricted
and
Designated funds
2022
£
Revenue accumulated funds
110,269
Total funds
110,269		 Restricted
Funds
2022
£
527,377
(11,750)
515,627
515,627
Restricted
Funds
2022
£
515,627
515,627		 Total
Funds
2022
£
632,376
(6,480)
625,896
625,896
Total
Funds
2022
£
625,896
625,896		 Last year
Total Funds
2021
£
627,403
4,973
632,376
632,376
Last Year
Total Funds
2021
£
632,376
632,376

The notes attached on pages 12 to 16 form an integral part of these accounts.

9

ZUBEIDA CHARITABLE TRUST - Statement of Financial Activities for the year ended 31 March 2022

ZUBEIDA CHARITABLE TRUST

Income and Expenditure Account for the year ended 31 March 2022

Income
Income from operations
Refunds from HMRC on gift aided donations
Investment income
Income from investments, other than interest receivable
Interest receivable
Gross income in the year before exceptional items
Gross income in the year including exceptional items
Expenditure
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Total expenditure in the year
Net income before tax in the financial year
Tax on surplus on ordinary activities
Net income after tax in the financial year
Retained surplus for the financial year
All activities derive from continuing operations		 2022
£
35,345
951
12,000
816
49,112
49,112
43,312
11,500
55,592
(6,480)
-
(6,480)
(6,480)		 2021
£
26,751
951
11,100
949
39,751
39,751
22,488
11,500
34,778
4,973
-
4,973
4,973

The headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 12 to 16 form an integral part of these accounts.

10

ZUBEIDA CHARITABLE TRUST - Balance Sheet as at 31 March 2022

SORP
NoteRef
Fixed assets
A
Tangible assets
4
A2
Current assets
B
Debtors
5
B2
Cash at bank and in hand
B4
Total current assets
Creditors: amounts falling due within
one year
6
C1
Net current assets
The total net assets of the charity
2022
£
517,500
6,000
103,176
109,176
(780)
108,396
625,896		 2021
£
529,000
3,000
101,156
104,156
(780)
103,376
632,376		 2021
£
529,000
3,000
101,156
104,156
(780)
103,376
632,376
632,376

The total net assets of the charity are funded by the funds of the charity, as follows:-

Restricted funds
Restricted Revenue Funds
9
D2
515,627
Unrestricted Funds
Unrestricted Revenue Funds
9
D3
110,269
Designated Funds
Total charity funds		 527,377
515,627
104,999
110,269
625,896		 527,377
104,999
632,376

The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA.

The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on pages 5 - 6.

The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

M Patel

MR MOHAMED PATEL BSc MRICS

Trustee (Head)

Approved by the board of trustees on 2 September 2022

The notes attached on pages 12 to 16 form an integral part of these accounts.

11

ZUBEIDA CHARITABLE TRUST

Notes to the Accounts for the year ended 31 March 2022

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW), effective January 2016, and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Policies relating to categories of income and income recognition.

Nature of income

Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Dividends are accrued when the shareholder’s right to receive payment is established.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

Accounting for deferred income and income received in advance

Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.

Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.

When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.

Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.

Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.

12

ZUBEIDA CHARITABLE TRUST

Notes to the Accounts for the year ended 31 March 2022

Income from legacies

Income from legacies is recognised when the charity has sufficient evidence that a gift has been left to them, that where required, probate has been granted, the executor is satisfied that the property in question will not be required to satisfy claims in the estate, that it is probable that the amount will be received by the charity, and the amount to be received can be estimated with sufficient accuracy, and that any conditions attached to the legacy are either within the control of the charity or have been met.

Where a payment is received from an estate or is notified as receivable by the executors after the reporting date and before the accounts are authorised for issue but it is clear that the payment had been agreed by the executors prior to the end of the reporting period, then the amount concerned is treated as an adjusting event and accrued as income in the accounting period if receipt is probable.

Where the charity has established entitlement to a legacy but there is uncertainty as to the amount of the payment, details of the legacy are disclosed as a contingent asset until the criteria for income recognition are met. Where a legacy is subject to the interest of a life tenant, the legacy is not recognised as income until the death of the life tenant.

If it is doubtful that full settlement of a legacy debtor will be received, then an adjustment is made to reduce the amount of the legacy debtor and legacy income rather than charging the adjustment as expenditure in the Statement of Financial Activities

Donated goods, facilities and services

Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income, and debited to fixed assets.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated.

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

Allocating costs to activities

Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities.

The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is :-

Staffing - on the basis of time spent in connection with any particular activity. Staffing - on a per capita basis, based on the number of of people employed within any partiular activity. Premises related costs - on the proportion of floor area occupied by a particular activity.

Non specific support costs - on the basis of the usage of resources, in terms of time taken, capacity used, request made or other measures

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Freehold premises

2 % straight line

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

13

ZUBEIDA CHARITABLE TRUST

Notes to the Accounts for the year ended 31 March 2022

2 Net surplus before tax in the financial year

2022 2021 £ £ The net surplus before tax in the financial year is stated after charging:Depreciation of owned fixed assets 11,500 11,500

3 Remuneration and payments to Trustees and persons connected with them

No trustees or persons connected with them received any remuneration from the charity, or any related entity.

4 Tangible fixed assets

Current Year
Cost
At 1 April 2021
At 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
Prior Year
Cost
01 April 2020
31 March 2021
Depreciation
01 April 2020
Charge for the year
31 March 2021
Net book value
31 March 2021
31 March 2020		 Land and
Plant &
Buildings
Machinery
Motor
Vehicles
Total
£
£
£
£
575,000
-
-
575,000
575,000
-
-
575,000
46,000
-
-
46,000
11,500
-
-
11,500
57,500
-
-
57,500
517,500
-
-
517,500
529,000
-
-
529,000
Land and
Buildings
Plant &
Machinery
Motor
Vehicles
Total
£
£
£
£
575,000
-
-
575,000
575,000
-
-
575,000
34,500
-
-
34,500
11,500
-
-
11,500
46,000
-
-
46,000
529,000
-
-
529,000
540,500
-
-
540,500

14

ZUBEIDA CHARITABLE TRUST

Notes to the Accounts for the year ended 31 March 2022

5 Debtors

Prepayments and accrued income
6 Creditors: amounts falling due within one year
Accruals
7 Income and Expenditure account summary
At 1 April 2021
Surplus after tax for the year
At 31 March 2022		 2022
£
6,000
2021
£
3,000
6,000
3,000
2022
2021
£
£
780
780
780
780
2022
£
2021
£
632,376
627,403
(6,480)
4,973
625,896
632,376

8 Particulars of how particular funds are represented by assets and liabilities

At 31 March 2022
Tangible Fixed Assets
Current Assets
Current Liabilities
At 1 April 2021
Tangible Fixed Assets
Current Assets
Current Liabilities		 Unrestricted
Designated
Restricted
Total
funds
funds
funds
Funds
£
£
£
£
517,500
-
-
517,500
(406,451)
515,627
109,176
(780)
-
-
(780)
110,269
-
515,627
625,896
Unrestricted
Designated
Restricted
Total
funds
funds
funds
Funds
£
£
£
£
529,000
-
-
529,000
(423,221)
-
527,377
104,156
(780)
-
-
(780)
104,999
-
527,377
632,376

15

ZUBEIDA CHARITABLE TRUST

Notes to the Accounts for the year ended 31 March 2022

9 Change in total funds over the year as shown in Note 8 , analysed by individual funds

Unrestricted and designated funds:-
Unrestricted Revenue Funds
Total unrestricted and designated funds
Restricted funds:-
Restricted Fixed Asset Funds
Donations & Legacies
Total restricted funds
Total charity funds		 Funds brought
forward from
2021
Movement in
funds in 2022
Transfers
between
funds in 2022

£
See Note 10
£
See Note 0
£
104,999
5,270
-
104,999
5,270
-
-
(11,750)
-
527,377
-
-
527,377
(11,750)
-
632,376
(6,480)
-		 Funds carried
forward to
2023
£
110,269
110,269
(11,750)
527,377
515,627
625,896

10 Analysis of movements in funds over the year as shown in Note 9

Unrestricted and designated funds:-
Unrestricted Revenue Funds
Restricted funds:-
Restricted Fixed Asset Funds		 Income
2022
£
49,112
-		 Expenditure
2022
£
(43,842)
(11,750)		 Other
Gains &
Losses
2022
£
-
-		 Movement
in funds
2022
£
5,270
(11,750)
49,112 (55,592) - (6,480)

11 The purposes for which the funds

Unrestricted and designated funds:-

Unrestricted Revenue Funds

Unrestricted Revaluation Reserve

These funds are held for meeting the objectives of the charity, and to provide reserves for future activities, and subject to charity legislation, are free from all restrictions on their use.

This fund represents the unrestricted surplus arising on the revaluation of the charity's assets.

Restricted funds:-

Restricted Fixed Asset Funds

Restricted Revaluation Reserve

The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'.

This fund represents the restricted surplus arising on the revaluation of the charity's assets.

12 Ultimate controlling party

The charity is under the control of its legal members.

16