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**
3.1**Governance 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