2021-12-31-accounts - The Queen Rania Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	`Page`
`Legalandadministrativedetails`	`1`
`Trustees’report`	`2`
`Independentexaminer'sreporttotheTrustees`	`5`
`StatementofFinancialActivities`	`7`
`Balancesheet`	`8`
`Statementofcashflows`	`9`
`NotestotheFinancialStatements`	`10`

`Trustees`	`DFreeman`
	`FJallad(resigned31stDecember2021)`
	`ABarbaro`
	`SDarwazah`
	`WAmmari`
	`BSaad`
`KeyStaff`	`ChiefExecutive— NafezDakkak`
`Companyregistrationnumber`	`07503230`
`Charityregistrationnumber`	`1169190`
`Registeredoffice`	`QueenRaniaFoundation`
	`NorthWestHouse`
	`119MaryleboneRd`
	`London`
	`UnitedKingdom`
	`NW15PU`
`Bankers`	`EuropeArabBankplc`
	`35ParkLane`
	`Mayfair`
	`London`
	`W1K1RB`
`IndependentExaminer`	`CaraTurtingtonFCADChA`
	`SafferyChampnessLLP`
	`71QueenVictoriaStreet`
	`London`
	`EC4V4BE`

	`Notes`	`2021`		`2020`
		`£`		`£`
`Fixedassets`
`Tangiblefixedassets`	`4`		`-`	`-`
`Currentassets`
`Debtors`	`5`	`68,078`		`8,580`
`Cashatbankandinhand`		`15,317`		`54,301`
		`83,395`		`62,881`
`Currentliabilities`
`Creditors:amountsfallingduewithinoneyear`	`6`	`(93,108)`		`(24,122)`
`Netcurrentassets`		`(9,713)`		`38,759`
`Totalnetassets`		`(9,713)`		`38,759`
`Representedby`
`Unrestrictedfunds`		`(9,713)`		`38,759`

	`Notes`	`2020`
`Cashflowsfromoperatingactivities:`
`Netcashprovidedfromoperatingactivities`	`A`	`(72,064)`
`Changeincashintheyear`		`(72,064)`
`Cashatbankandinhandatthebeginningoftheyear`	`B`	`126,365`
`Cashatbankandinhandattheendoftheyear`	`B`	`54,301`

`NoteB`
`Analysisofchangesinnetdebt`	`1`	`January`	`Movementin`	`At31December`
		`2021`	`theyear`	`2021`
		`£`	`£`	`£`
`Cashatbankandinhand`		`54,301`	`(38,984)`	`15317`

`2`	`Charitableactivities`
			`2021`	`2020`
			`£`	`£`
	`Generaloperatingcosts`		`441,021`	`514,092`
			`2021`	`2020`
			`£`	`£`
	`Staffcosts(note3)` `Rentandservices` `Legal& professionalfees` `Accountancy` `Recruitmentfees` `Depreciation` `Othercosts`		`303,976` `50,819` `65,579` `14,138` `-` `-` `6,509`	`391,056` `91,707` `440` `15,890` `-` `537` `14,462`
			`441,021`	`514,092`
`3`	`Staffcosts`
			`2021`	`2020`
			`£`	`£`
	`Staffcosts`		`259,174`	`332,996`
	`Socialsecuritycosts`		`29,788`	`38,710`
	`Pensioncosts`		`15,014`	`19,350`
			`303,976`	`391,056`
	`Duringtheyeartheaveragenumberofemployeeswas`	`2(2020:`	`4).Oneemployeereceived`
	`emolumentsabove£60,000(2020:3)asshownbelow:`		`2021`	`2020`
	`£80,001— £90,000` `£90,001- £100,000` `£130,001— £140,000` `£150,001— £160,000`		`g` `:` `‘` `1`	`2` `.` `)` `:`
			`1`	`4`

				`Plant&`
				`machinery`
				`f`
	`Cost`
	`At1 January2021`			`2,970`
	`Additions`		`_`	`_-`
	`At 31December2021`			`2,970`
	`Depreciation`
	`At1 January2021`			`2,970`
	`Depreciationchargefortheyear`		`.`	`A`
	`At31December2021`			`2,970`
	`Netbookvalue`
	`At1 January2021`			`-`
	`At 31December2021`			`-`
`5`	`Debtors`
		`2021`		`2020`
		`£`		`£`
	`Otherdebtors`	`65,130`		`-`
	`Prepayments`	`2,948`		`7,680`
	`Rentdeposit`	`-`		`900`
		`68,078`		`8,580`
`6`	`Creditors:amountsfallingduewithinoneyear`
		`2021`		`2020`
		`£`		`£`
	`Tradecreditors`	`67.132`		`9,655`
	`Othertaxesandsocialsecurity`	`16,978`		`7,471`
	`Accrualsanddeferredincome`	`8,998`		`6,996`
		`93,108`		`24,122`

	`Balanceat`				`Balanceat31`
	`1January`	`Incoming`	`Outgoing`		`December`
	`2021`	`resources`	`resources`	`Transfers`	`2021`
	`£`	`£`	`£`	`£`	`£`
`Unrestrictedfunds`
`Generalfund`	`38,759`	`302,708`	`(351,180)`	`-`	`(9,713)`
`Total`	`38,759`	`302,708`	`(351,180)`	`-`	`(9,713)`
`Restrictedfunds`
`Rentfund`	`-`	`24,711`	`(24,711)`	`-`	`-`
`EEFfund`	`-`	`65,130`	`(65,130)`	`-`	`-`
`Total`	`-`	`89,841`	`(89,841)`	`-`	`.`
`Totalfunds`	`38,759` `ee`	`392,549` `441,021` `—` `rr————————`		`-` `(9,713)` `———————`
	`Balanceat`				`Balanceat31`
	`1January`	`Incoming`	`Outgoing`		`December`
	`2020`	`resources`	`resources`	`Transfers`	`2020`
	`£`	`£`	`£`	`£`	`£`
`Unrestrictedfunds`
`Generalfund`	`108,400`	`351,511`	`(421,152)`	`-`	`38,759`
`Total`	`108,400`	`351,511`	`(421,152)`	`-`	`38,759`
`Restrictedfunds`
`Rentfund`	`-`	`92,940`	`(92,940)`	`-`	`-`
`Total`	`-`	`92,940`	`(92,940)`	`-`	`-`
`Totalfunds` `TheRentFundrepresents` `rentexpense.`	`108,400` `donationswhich`	`444,451` `514,092` `-` `can onlybeusedinforpaymentsofthe`			`38,759` `charity’sproperty`

	`Analysisofnetassetsbetweenfunds`
		`Unrestricted`	`Restricted`	`Total`
		`funds`	`funds`	`funds`
		`f`	`£`	`£`
	`Fundbalancesat31December2021`
	`representedby:-`
	`Tangiblefixedassets` `Debtors`	`2,948`	`:` `65,130`	`=` `68,078`	`R`
	`Cashatbankandinhand`	`15,317`	`-` `15,317`
	`Creditors`	`(27,978)`	`(65,130)`	`(93,108)`
		`(9,713)`	`.`	`(9,713)`
		`Unrestricted`	`Restricted`	`Total`
		`funds`	`funds`	`funds`
		`£`	`£`	`£`
	`Fundbalancesat31December2020`
	`representedby:-`
	`Tangiblefixedassets`	`-`	`-`	`-`
	`Debtors`	`8,580`	`-`	`8,580`
	`Cashatbankandinhand`	`54,301`	`-`	`54,301`
	`Creditors`	`(24,122)`	`-`	`(24,122)`
		`38,759`	`-`	`38,759`
	`Companystatus`
	`Inthecaseofa windingupeachmemberhas`	`guaranteedtocontributeanamount`		`notexceeding£1.`
	`At31December2021thetotalofsuchguaranteeswas£2(2020:`		`£2).`
`10`	`Relatedparties` `Trusteedonationsof£24,711werereceivedintheyearended31December2021` `DuringtheyearTheQueenRaniaFoundation,a connectedcharitybasedinJordan,` `tothecharity(2020:£307,938).`			`(2020:£92,940).` `donated£280,377`