| Pages | |||
|---|---|---|---|
| Trustees' Annual Report |
2to 3 | ||
| Independent Examiner's |
Report | ||
| Statement of Financial | Activities | ||
| Balance Sheet | |||
| Notes to the Accounts | 7to13 | ||
| Detailed Statement of | Financial | Activities | 14to 15 |
| for the year | ende | d 31March | 2022 | |||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| 2022 | 2022 | 2021 | ||||
| Notes | E | E | E | |||
| Income and | endowments | |||||
| from: | ||||||
| Donations | and | legacies | 29,727 | 29,727 | 15,596 | |
| Other | 6,868 | 6,868 | 13,327 | |||
| Total | 36,595 | 36,595 | 28,923 | |||
| Expenditure | on: | |||||
| Other | 24,275 | 24,275 | 19,527 | |||
| Total | 24,275 | 24,275 | 19,527 | |||
| Net losses on investments | (116) | |||||
| Net income | 12,320 | 12,320 | 9,280 | |||
| Transfers between funds |
||||||
| Net Income | before other | 12,320 | 12,320 | 9,280 | ||
| gains/(losses) | ||||||
| Other gains | and | losses | ||||
| Net movement | in funds | 12,320 | 12,320 | 9,280 | ||
| Reconciliation offunds: |
||||||
| Total funds | brought forward | 49,623 | 49,623 | 40,343 | ||
| Total funds | carried forward | 61,943 | 61,943 | 49,623 |
| Balance Sheet at 31March 2022 |
Balance Sheet at 31March 2022 |
|||||
|---|---|---|---|---|---|---|
| Charity No. 1170286 | 2022 | 2021 | ||||
| 6 | 6 | |||||
| Fixed assets | ||||||
| Tangible assets | 8 | 3,628 | 5,415 | |||
| 3,628 | 5,415 | |||||
| Current assets | ||||||
| Debtors | 9 | 53,072 | 43,710 | |||
| Cash at bank and in hand | 7,283 | 5,815 | ||||
| 60,355 | 49,525 | |||||
| Creditors: Amount | falling due within one year | 10 | (2,040) | (5,317) | ||
| Net current assets | 58,315 | 44,208 | ||||
| Total assets less current | liabilities | 61,943 | 49,623 | |||
| Net assets excluding | pension asset or liability | 61,943 | 49,623 | |||
| Total net assets | 61,943 | 49,623 | ||||
| The funds ofthe charity | ||||||
| Restdcted funds | ||||||
| Unrestricted funds |
||||||
| General funds | 61,943 | 49,623 | ||||
| 61,943 | 49,623 | |||||
| Reserves | ||||||
| Totalfunds | 61,943 | 49,623 |
| Fund accoun | ting | ting | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | funds | These are available for use at the discretion ofthe trustees in furtherance |
of | the | ||||
| general objects ofthe 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 | ||||||||
| Recognition income |
of | Income is included in the Statement of Financial Activities becomes entitled to, and virtually certain to receive, the |
(SoFA) when the charity income and the amount of |
|||||
| the income can be measured with sufficient reliability. |
||||||||
| Income with related | Where income has related expenditure the income and |
related expenditure | is | |||||
| expenditure | reported gross in the SoFA. |
|||||||
| Donations | and | Voluntary income received by way ofgrants, donations |
and gifts is included | in | the | |||
| legacies | the SoFA when receivable and only when the Charity has |
unconditional entitlement |
||||||
| to the income. | ||||||||
| Tax reclaims on | Income from tax reclaims is included in the SoFA at the |
same time as the | ||||||
| donations | and | gifts | gift/donation to which it relates. |
|||||
| Donated services | These are only included in income (with an equivalent |
amount in expenditure) |
||||||
| and facilities | 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 | This includes any gain or loss resulting from revaluing |
investments to market |
value | ||||
| revaluation | of | fixed | at the end of the year. | |||||
| assets | ||||||||
| Gains/(losses) | on | This includes any gain or loss on the sale ofinvestments. |
||||||
| investment | assets |
| Expenditure | |||
|---|---|---|---|
| Recognition expenditure |
of | Expenditure is recognised on an accruals cannot be fully recovered, and is reported |
basis. Expenditure includes any VAT which as part ofthe expenditure to which it |
| relates. | |||
| Expenditure raising funds |
on | These comprise the costs associated with trading costs and investment management |
attracting voluntary income, fundralsing costs. |
| 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 ofgrants 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 ofthe year but not yet paid. |
|||
| Governance | costs | These include those costs associated with meeting the constitutional and statutory requirements ofthe Charity, including any audit/independent examination fees, |
|
| costs linked to the strategic management | ofthe Charity, together with a share of |
||
| other administration costs. |
|||
| Other expenditure | These are support costs not allocated to a | particular activity. |
| 2 | Statemen | t | of Financial | Activities - prior year | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| funds | Total funds | ||||||
| 2021 | 2021 | ||||||
| Income and endowments | from: | ||||||
| Donations | and legacies | 15,596 | 15,596 | ||||
| Other | 13327 | 13,327 | |||||
| Total | 28,923 | 28,923 | |||||
| Expenditure | on: | ||||||
| Other | 19,527 | 19,527 | |||||
| Tote I | 19,527 | 19,527 | |||||
| Net | gains on | investments | (116) | (116) | |||
| Net | Income | 9,280 | 9,280 | ||||
| Net | income before other | ||||||
| gains/(losses) | 9,280 | 9,280 | |||||
| Other gains and losses: | |||||||
| Net | movement | in funds | 9,280 | 9,280 | |||
| Reconciliation | offunds: | ||||||
| Total funds brought forward | 40,343 | 40,343 | |||||
| Total funds carried forward | 49,623 | 49,623 | |||||
| 3 | Income from donations | and legacies | |||||
| Unrestricted | Tote I | Total | |||||
| 2022 | 2021 | ||||||
| 29,727 | 29,727 | 15,596 | |||||
| 29,727 | 29,727 | 15,596 | |||||
| 4 | Other income | ||||||
| Unrestricted | Total | Total | |||||
| 2022 | 2021 | ||||||
| City council | Compensation | 818 | 818 | 13,327 | |||
| Rental Income | 6,050 | 6,050 | |||||
| 6,868 | 6,868 | 13,327 |
| 5 | Other expenditure | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||
| 2022 | 2021 | |||||
| Employee costs | 4,939 | 4,939 | 2,824 | |||
| Motor and travel costs | 19 | |||||
| Premises costs | 2,860 | 2,860 | 6,428 | |||
| Amortisatlon, depreciation, |
||||||
| impairment, profit/loss |
on | 1,787 | 1,787 | 2,668 | ||
| disposal offixed assets | ||||||
| General administrative | costs | 12,067 | 12,067 | 5,241 | ||
| Legal and professional | costs | 2,622 | 2,622 | 2,347 | ||
| 24,275 | 24,275 | 19,527 | ||||
| 6 | Net income before transfers | |||||
| 2022 | 2021 | |||||
| This is stated after charging: | E | E | ||||
| Depreciation ofowned |
fixed assets | 1,787 | 2,668 | |||
| 7 | Staff costs | |||||
| No employee received |
emoluments | in excess ofE60,000. | ||||
| 8 | Tangible fixed assets | |||||
| Plant and | Fixture and | Total | ||||
| machinery | fittings | |||||
| Cost or revaluation | ||||||
| At 1April 2021 | 12,738 | 12,738 | ||||
| At 31March 2022 | 12,738 | 12,738 | ||||
| Depreciation and |
||||||
| impairment | ||||||
| At 1April 2021 | 7,323 | 7,323 | ||||
| Depreciation charge for the |
1,787 | 1,787 | ||||
| year | ||||||
| At 31March 2022 | 9,110 | 9,110 | ||||
| Net book values | ||||||
| At 31March 2022 | 3,628 | 3,628 | ||||
| At 31March 2021 | 5,415 | 5,415 | ||||
| 9 | Debtors | |||||
| 2022 | 2021 | |||||
| E | f | |||||
| Trade debtors | 255 | |||||
| Other debtors | 52,817 | 43,710 | ||||
| 53,072 | 43,710 |
| Not 10 |
es tothe Accounts Creditors: |
es tothe Accounts Creditors: |
es tothe Accounts Creditors: |
es tothe Accounts Creditors: |
|||||
|---|---|---|---|---|---|---|---|---|---|
| amounts falling due within one |
year | ||||||||
| 2022 | 2021 | ||||||||
| f | f | ||||||||
| Trade creditors | 3,237 | ||||||||
| Other creditors | 2,040 | 2,080 | |||||||
| 11 | Movement | in funds | 2.040 | 5,317 | |||||
| Incoming | |||||||||
| resources | |||||||||
| (including | Resources | At 31 | |||||||
| At 1April | other gains/losses |
expended | March 2022 |
||||||
| 2021 | ) | ||||||||
| f | |||||||||
| Restricted funds: | |||||||||
| Unrestricted | funds: | ||||||||
| Generalfunds | 49,623 | 36,595 | (24,275) | 61,943 | |||||
| Total funds | 49,623 | 36,595 | (24,275) | 61,943 | |||||
| 12 | Analysis of | net | assets between | funds | |||||
| Unrestricted | |||||||||
| funds | Total | ||||||||
| f | f | ||||||||
| Fixed assets | 3,628 | 3,628 | |||||||
| Net current | assets | 58,315 | 58,315 | ||||||
| 61,943 | 61,943 | ||||||||
| 13 | Reconciliation | of net debt | |||||||
| At 31 | |||||||||
| At 1April | March | ||||||||
| 2021 | Cash flows | 2022 | |||||||
| f | f | E | |||||||
| Cash and cash | equivalents | 5,815 | 1,468 | 7,283 | |||||
| 5,815 | 1,468 | 7,283 | |||||||
| Net debt | 5,815 | 1,468 | 7,283 |
| Quba-e-Siddque Foundation |
|||||
|---|---|---|---|---|---|
| Notes tothe Accounts | |||||
| 14 Related party disclosures | 2022 | 2021 | |||
| Transactions with related |
parties | E | E | ||
| Name of related party | Quba-e-Siddue | Silsila-e-Naqshbandia | |||
| Description of relationship | Related charity | ||||
| between the parties |
|||||
| Description of transaction | |||||
| and general amounts | |||||
| involved | |||||
| Amount due from/(to) | the | related party | 52,818 | 43,710 |
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Totalfunds | Totalfunds | |||
| 2022 | 2022 | 2021 | |||
| E | f | E | |||
| Income and endowments | from: | ||||
| Donations and legacies |
|||||
| 29,727 | 29,727 | 15,596 | |||
| 29,727 | 29,727 | 15,596 | |||
| Other | |||||
| City council Compensation | 818 | 818 | 13,327 | ||
| Rental Income | 6,050 | 6,050 | |||
| 6,868 | 6,868 | 13,327 | |||
| Total income and endowments | 36,595 | 36,595 | 28,923 | ||
| Expenditure on: |
|||||
| Employee costs | |||||
| Staff recruitment | 4,939 | 4,939 | 2,824 | ||
| 4,939 | 4,939 | 2,824 | |||
| Travel and subsistence | 19 | ||||
| 19 | |||||
| Premises costs | |||||
| Rates | 819 | ||||
| Light, heat and power | 2,675 | 2,675 | 3,612 | ||
| Premises insurances | 1,573 | ||||
| Other premises costs | 185 | 185 | 424 | ||
| 2,860 | 2,860 | 6,428 | |||
| General administrative | costs, | ||||
| including depreciation |
and | ||||
| amortisation | |||||
| Depreciation of Plant |
and | ||||
| machinery | |||||
| Depreciation of Fixture |
and | ||||
| fittings | |||||
| Depreciation of |
1,787 | 1,787 | 2,668 | ||
| Bank charges | 60 | 60 | |||
| Equipment repairs and |
|||||
| maintenance | 11,304 | 11,304 | 4,361 | ||
| Stationery and printing |
2 | 2 | 13 | ||
| Sundry expenses | 150 | 150 | 123 | ||
| Telephone, fax and broadband |
551 | 551 | 744 | ||
| 13,854 | 13,854 | 7,909 | |||
| Legal and professional | costs | ||||
| Accountancy and bookkeeping |
1,440 | 1,440 | 2,040 | ||
| Other legal and professional | |||||
| cos'ts | 1,182 | 1,182 | 307 |
| Quba-e-Siddque Foundation |
Quba-e-Siddque Foundation |
|||
|---|---|---|---|---|
| Detaged Statement | of Financial Activities | |||
| 2,622 | 2,622 | 2,347 | ||
| Total of expenditure | ofother costs | 24,275 | 24,275 | 19,527 |
| Total expenditure | 24,275 | 24,275 | 19,527 | |
| Net gains on investments | (116) | |||
| 12,320 | 12,320 | 9,280 | ||
| Net income | ||||
| Net income before | other | 12,320 | 12,320 | 9,280 |
| gains/(losses) | ||||
| Other Gains | ||||
| Net movement ln funds |
12,320 | 12,320 | 9,280 | |
| Reconciliation offunds: |
||||
| Total funds brought | forward | 49,623 | 49,623 | 40,343 |
| Total funds carried | forward | 61,943 | 61,943 | 49,623 |