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