2020-08-31-accounts - Al-Karam Trust Limited

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					Page
Trustees' annual report (incorporating		the	director's	report)
Independent examiner's report	to the	trustees
Statement offinancial activities	(including		income and
expenditure account)
Statement offinancial position
Statement ofcash flows
Notes to the financial statements
The following pages do not form part ofthe financial statements
Detailed statement offinancial	activities				16
Notes to the detailed statement	offinancial		activities		17

			2020	2020	2019
			Unrestricted
		Note	funds f	Total funds 6	Total funds
Income and endowments
Donations and legacies Other income		5 6	51,642 10,800	51,642 10,800	57,430 12,500
Total income			62,442	62,442	69,930
Expenditure
Expenditure on charitable	activities	7,8	63,563	63,563	55,831
Total expenditure			63,563	63,563	55,631
Met (expenditure)/income	and net movement	in funds	(1,121)	(1,121)	14,099
Reconciliation offunds
Total funds brought forward			47,930	47,930	33,631
Total funds carried forward			46,809	46,809	47,930

			2020		2019
		Note			E
Fixed assets
Tangible fixed assets		14		13,315	5,353
Current assets
Debtors Cash at bank and in	hand	15	23,000 11,442		35,000 8,365
			34,442		43,365
Creditors: amounts	falling due within one year	16	948		788
Net current assets				33,494	42,577
Total assets less current liabilities				46,809	47,930
Net assets				46,809	47,930
Funds ofthe charity
Unrestricted funds				46,809	47,930
Total charity funds		18		46,809	47,930

	Year en	ded 31August 202	0
			2020	2019
			6	6
Cash flows from operating	activities
Net (expenditure)/income			(1,121)	14,099
Adjustments for.
Depreciation oftangible fixed assets			4,438	1,784
Accrued income				(24D)
Changesin:
Trade and other debtors Trade and other creditors			12,000 160	(35,000) 127
Cash generated from operations			15,477	(19,230)
Net cash from/(used in) operating activities			15,477	(19,230)
Cash flows from investing	activities
Purchase oftangible assets			(12,400)	(4,490)
Net cash used in investing activities			(12,400)	(4,490)
Net increase/(decrease) in Cash and cash equivalents	cash and cash at beginning	equivalents ofyear	3,077 8,365	(23,72D) 32,085
Cash and cash equivalents	at end ofyear		11,442	8,365

						Unrestricted	Total	Funds	Unrestricted	Total Funds
						Funds		2020 f	Funds f	2019 6
	Other income		- Rental	income		10,800		10,800	12,500	12,500
7.	Expenditure		on charitable		activities by fund type
						Unrestricted	Total	Funds	Unrestricted	Total Funds
						Funds F		2020 6	Funds f	2019 f
	Charitable Activities					9,484		9,484	12,775	12,775
	Supporl costs					54,079		54,079	43,056	43,056
						63,563		63,563	55,831	55,831
8.	Expenditure		on charitable		activities by activity type
						Activities
						undertaken			Total funds	Total fund
						directly Support costs 6 f			2020 F.	2019 6
	Charitable Activities					9,484		49,748	59,232	53,737
	Governance	costs						4,331	4,331	2,094
						9,484		54,079	63,563	55,831
9.	Analysis of	support costs
									2020	2019
									6	F
	Purchases									250
	Wages 8 salaries								37,000	28,500
	Pension costs								384	261
	Rates &water								945	2,001
	I ight & heat								2,810	3,164
	Repairs &maintenance								949	2,641
	Insurance								1 213	1,186
	Telephone								360	258
	Other office	costs							1,649	907
	Depreciation								4,438	1,784
	Governance	costs							4,331	2,094
									54,079	43,056
10.	Net (expenditure)/income
	Net (expenditure)/income			is stated after charging/(crediting):
									2020 6	2019 f
	Depreciation	oftangible		fixed assets					4,438	1,784

Staff co	sts
The total	staff costs	and	employee		benefits for			the reporting	period are analysed as follows:
									2020	2019
									6	f
Wages and salaries									37,000	28,500
Employer	contributions		to pension		plans				384	261
									37,384	28,761
The average head		count of employees					during	the year was 2 (2019:2).The average		number of
full-time	equivalent	employees		during		the year		is analysed	as follows:
									2020	2019
									No.	No.
Number	ofstaff								2	2

No remuneration or other benefits received by the trustees; or Tangible fixed assets	from employment with the cha	rity or a related	entity were
	Fixtures and
	fittings	Equipment	Total
	6	6	6
Cost
At 1 September 2019	5,550	2,469	8,019
Additions	12,000	400	12,400
At 31August 2020	17,550	2,869	20,419
Depreciation
At 1 September 2019	1,950	716	2,666
Charge for the year	3,900	538	4,438
At 31August 2020	5,850	1,254	7,104
Carrying amount
At 31August 2020	11,700	1,615	13,315
At 31 August 2019	3,600	1,753	5,353

15.	Debtors	Year ended 31August 202	0
			2020	2019
			6	6
	Other debtors		23,000	35,000
16.	Creditors: amounts	falling due within one year
			2020	2019
			6	K
	Accrusis and deferred	income	480	480
	Social security and other taxes		468	308
			948	788

			Year ended	31August 20	20
					2020f	2019 6
Expenditure	on charitable		activities
Charitable	Activities
Activities undertaken		directly
Charitable activities					9,484	12,775
Support costs
Purchases						250
Wages &salaries					37,000	28,500
Pension costs					384	261
Rates 8 water					945	2,001
Light & heat					2,810	3,164
Repairs & maintenance Insurance					949 1.213	2,641 1,186
Telephone					360	268
Other office	costs				1,649	907
Depreciation					4,438	1,784
					48,748	40,962
Governance	costs
Governance	costs - accountancy fees				850	610
Governance	costs - legal and other professional			fees	3,481	1,484
					4,331	2,094
Expenditure	on charitable		activities		63,563	55,831