OpenCharities

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

2022-03-31-accounts

Registered Charity number 1173312

GALBUR FOUNDATION

Report and Accounts

31 March 2022

1

GALBUR FOUNDATION Report and accounts Contents

Page
Company information 1
Directors' report 3
Profit and loss account 4
Balance sheet 5

2

GALBUR FOUNDATION Charity Information

The charity is presenting its financial report for the period from 1 April 2021 to 31 March 2022

Trustees

Mr Dahir Ibrahim - Chair Mr Abdiasis Abdi - Treasurer Mr Abdiqani Ahmed -Trustee Mr Shangeel Ibrahim -Trustee

Accountants

E & A Accountants 228A Seven Sisters Road Holloway London N4 3NX

Bankers

Barclays

Registered office

34 WINCHELSEA ROAD LONDON NW10 8UW

Registered Charity Number

1173312

3

Galbur Foundation Profit and Loss Account for the year ended 31 March 2022

Notes
Incoming Resources
2
Total
Expenses
Charitable & Legal Activities
3
Governance fees
3.1
Total Expenses
Surplus /(deficit) for the period
Surplus /(deficit) brought forward
Funds as at 31 March 2022
Unrestricted Restricted
2022
2021
£
£
£
£
Total
Total
9,303
19,000
28,303
48,306
9,303
19,000
28,303
48,306
(34,257)
(40,526)
(250)
-
(34,507)
(40,526)
(6,204)
7,780
21,480
13,700
-
-
15,276
21,480

4

Galbur Foundation Balance Sheet as at 31 March 2022

Notes
Current assets
Cash at bank and in hand
Net current assets
Total assets less current
liabilities
Net assets
Funds
Profit and loss account
19
Charity funds
15,276 2022
£


15,276
15,276
15,276
15,276
15,276
21,480 2021
£


21,480
15,276 21,480
21,480
21,480
21,480
21,480

The statement of financial activities as set out on page 4 for the financial year ending 31 March 2022, and the statement of the assets and liabilities as set out on this page are as approved by the trustees on 14 December 2022.

Dahir

--------------------------Chair

Dahir Ibrahim

5

Galbur Foundation Detailed profit and loss account for the year ended 31 March 2022

Gifts & Donations
Other donations
BTEG
Cripplegate Foundation
National lottery Fund
Young Catalyst
programme
Total
2022
2022
2022
£
£
£
Unrestricted Restricted
Total
9,303
9,303
1,000
1,000
5,000
5,000
10,000 10,000
3,000
3,000
9,303
19,000 28,303
2021
£
Total
48,306
48,306

6

Galbur Foundation

Detailed profit and loss account for the year ended 31 March 2022

3 Direct Charitable expenses
Administrative expenses
Employee costs:
Staff & volunteer costs
Refreshment
Premises costs:
Rent & Hiring studio
General administrative expenses:
Stationery, printing & admin
Orphanage assistance
Outreach, Workshop & training
Volunteer costs
Arts Award costs/exhibition
Project costs
Artist cost
Production/ Video editing
Sundry expenses
Total charitable Expenses
3.1Governance fees
Accountancy fees
Total Expenses
2,022
2,022
2022
£
£
£
Restricted Unrestricted
Total
880
880
256
-
256
1,136
-
1,136
1,900
1,774
3,674
1,900
1,774
3,674
111
925
1,036
-
10,751
10,751
1,050
7,507
8,557
1,360
1,360
1,319
1,319
-
3,134
3,134
1,150
610
1,760
480
480
-
1,050
1,050
5,470
23,977
29,447
250
250
-
250
250
8,506
26,001
34,507

7