Registered Charity number 1173312 ## **GALBUR FOUNDATION** ## **Report and Accounts** **31 March 2023** 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 2022 to 31 March 2023 ## **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 2023** |**Note**
**s**
_Incoming Resources_
2
**Total**
_Expenses_
Charitable & Legal Activities
3
Governance fees
3.1
Surplus /(deficit) for the period
Surplus /(deficit) brought forward
**_Funds as at 31 March 2023_**|**Unrestricte**
**d**
**Restricte**
**d**
**2023**
**2022**
**£**
**£**
**£**
**£**
**Total**
**Total**
41,070
4,033
45,103
28,303| |---|---| ||41,070
4,033
45,103
28,303| ||(44,407)
(34,507)
-
-
696
(6,204)
15,276
21,480| ||-
-
15,972
15,276| 4 ## **Galbur Foundation Balance Sheet as at 31 March 2023** |**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**|15,972|**2023**
**£**


15,972
15,972
15,972
15,972
15,972|15,276|**2022**
**£**


15,276| |---|---|---|---|---| ||15,972||15,276|| |||||| |||||15,276| |||||15,276| |||||15,276| |||||15,276| **The statement of financial activities as set out on page 4 for the financial year ending 31 March 2023, 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 2023** |**Gifts & Donations**
Islington Council
Islington Council (LIF)
Cripplegate Foundation
Members funding
Donations
**Total**|**2022**
**2022**
**2023**
**£**
**£**
**£**
**Unrestricted**
**Restricted**
**Total**
21,270
0
2,600
2,600
9,700
9,700
1,500
1,500
10,033
0
**10,033**
**35,070**
**45,103**|**2022**
**£**
**Total**
28,303| |---|---|---| |||**28,303**| 6 ## **Galbur Foundation Detailed profit and loss account for the year ended 31 March 2023** |**3**
**Direct Charitable expenses**
**Administrative expenses**
Employee costs:
Staff & volunteer costs
Travel and subsistence
Refreshment
Premises costs:
Rent & hiring studio
General administrative expenses:
Camping and youth services
Stationery, printing & admin
Education assistant
Outreach, Workshop & training
Counselling
**Total charitable Expenses**
3.1
**Governance fees**
Audit fees
Accountancy fees
**Total Expenses**|**2,022**
**2,022**
**2023**
**£**
**£**
**£**
**Restricted**
**Unrestricted**
**Total**
2,600
1,320
3,920
-
600
600
-
2,480
2,480| |---|---| ||2,600
4,400
7,000| ||6,420
6,420| ||6,420
-
6,420| ||1,500
1,500
-
1,030
1,030
7,807
7,807
12,670
12,670
7,980
7,980| ||**29,957**
**1,030**
**30,987**| ||-
-
-| ||**38,977**
**5,430**
**44,407**| 7