Registered Charity number 1173312
GALBUR FOUNDATION
Report and Accounts
31 March 2024
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 2023 to 31 March 2024
Trustees
Mr Mohamed Abdulkadir Nur - Chair Miss Ilhan Said -Trustee Mr Abdiqani Ahmed -Trustee Miss Faiza Sheikh Abdulkadir - Trustee
Accountants
E & A Accountants 228A Seven Sisters Road Holloway London N4 3NX
Bankers
Barclays
Registered office
Unit F1 89-93 Fonthill Road London N4 3JH
Registered Charity Number
1173312
3
Galbur Foundation Profit and Loss Account for the year ended 31 March 2024
| Notes Incoming Resources 2 Cost of sales Gross profit Total Expenses Distribution costs Charitable & Legal Activities 3 Surplus /(deficit) for the period Surplus /(deficit) brought forward Funds as at 31 March 2024 |
Unrestricted Restricted 2024 2023 £ £ £ £ Total Total 7,355 71,364 78,719 45,103 - - |
|---|---|
| 7,355 71,364 78,719 45,103 |
|
| 7,355 71,364 78,719 45,103 |
|
| - - (49,616) (44,407) 29,103 696 15,972 15,276 |
|
| - - 45,075 15,972 |
4
Galbur Foundation Balance Sheet as at 31 March 2024
| 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 |
45,075 | 2024 £ 45,075 45,075 45,075 45,075 45,075 |
15,972 | 2023 £ 15,972 |
|---|---|---|---|---|
| 45,075 | 15,972 | |||
| 15,972 | ||||
| 15,972 | ||||
| 15,972 | ||||
| 15,972 |
The statement of financial activities as set out on page 4 for the financial year ending 31 March 2024, and the statement of the assets and liabilities as set out on this page are as approved by the trustees on 13 October 2024.
Ilhan
---------------------------
Trustee
Ilhan Said
5
Galbur Foundation Detailed profit and loss account for the year ended 31 March 2024
| 2024 | 2024 | 2024 | |
|---|---|---|---|
| £ | £ |
£ | |
| Unrestricted | Restricted | Total | |
| Gifts & Donations | |||
| Islington Council | 25,270 | 21,270 | |
| Islington Council (LIF) | 3,300 | 7,300 | |
| Cripplegate Foundation | 5,000 | 5,000 | |
| Donations | 7,355 | 7,355 | |
| (Award for All) Hijabi Footy Fun | 10,000 | 10,000 | |
| Emergency Fund VRU | 10,000 | 10,000 | |
| SKT WELFARE SKT WE | BG | 17,794 | |
| Total | 7,355 | 71,364 | 78,719 |
6
Galbur Foundation Detailed profit and loss account for the year ended 31 March 2024
| 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 Food assistance programme Education assistant Events & outings Bank charges Outreach, Workshop & training Equipment expensed Project costs MH Project Total charitable Expenses 3. 1 Governance fees Audit fees Accountancy fees Total Expenses |
2,024 2,024 2024 2023 £ £ £ £ Restricted Unrestricte d Total Total 7,050 7,050 3,920 - 330 330 600 - - - 2,480 |
|---|---|
| 7,050 330 7,380 7,000 |
|
| 6,600 6,600 6,420 |
|
| 6,600 - 6,600 6,420 |
|
| 3,500 3,500 1,500 2,794 - 2,794 1,030 17,794 17,794 - 1,005 1,005 7,807 199 199 - - 125 125 - 3,817 3,817 12,670 - 518 518 - 2,209 2,209 - 3,425 3,425 7,980 |
|
| 34,743 643 35,386 30,987 |
|
| - - 250 250 - |
|
| - 250 250 - |
|
| 48,393 1,223 49,616 44,407 |
7