2023-03-31-accounts - Mangla Welfare Trust

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

			SORP reference
Summary	ofthe purposes	of	Para 1.17	To Provide Relief ofsickness and
the charity as set out in its				promotion	ofgood health
ovemin	document
Summary activities	ofthe main in relation to those		Pere 1.17and 1.19	Making Grants offinancial assistance charitable organlsatlons established		to to
purposes	for the public			provide medical care facilities
benefit, in	particular, the
activities,	projects or services
identified	in the accounts.
Statement	confirming		Pere 1.18	Trustees comply with charity commission
whether the trustees have				guidance
had regard to the guidance
issued by	the Charity
Commission on public
benefit

Achievements and Pe	rformance
	SORP reference
		The charity has provided	financial
		assistance to established	organlsatlons
Summary ofthe main achievements ofthe charity,	Para 1.20	to provide medical care.
identifying the difference the
charity's work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.

Additional Information (optional) You ma choose to include further statements	Additional Information (optional) You ma choose to include further statements	where relevant about:
Achievements against	Para 1.41
objectives set
Performance offundraising activities against objectives	Para 1.41
set
Investment performance	Para 1.41
against objectives
Other

Financial Review
Review ofthe charity's financial position at the	end	Pars 1.21	Charity has reviewed statements	the financial
ofthe eriod
Statement explaining the policy for holding reserves statin wh the are held Amount of reserves held		Pere 1.22 Pars 1.22	Charity has sufficien funds. All the funds will be used to provide medical assistance and relief to those in need
			Total Funds held 5311050
Reasons for holding zero		Pele 1.22	NIA
reserves
Details offund materially	in	Para 1.24	NIA
deficit
Explanation ofany		Para 1.23	NIA
uncertainties about the
charity continuing as a going
concern
Additional Information	(optional)
You ma choose to include further statements			where relevant about:
The charity's principal
sources offunds (including		Pare 1.47
any fundraising)
Investment policy and
objectives including any		Para 1.46
social investment policy
adopted
A description ofthe principal		Pere 1.46
risks facing the charity
Other

Structure, Governance	and INan	agement
Description of charity's
trusts: Type of governing document (trust deed, royal charter)	Para 1.25	By unincorporated Trust Document/Constitution 18/12/2017		adopted on
How is the charity	Pere 1.25	Unincorporated	Trust
constituted7
(e.g unincorporated
association CIO Trustee selection methods including details of any	Pare 1.25	Three trustees appoint one or	only. All entitled to more trustees
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees

For the ear ende	d 31	st March 2023
			2023
Donations
Unrestricted Funds			135,831
Bank Reserve			63
			135,894
Expenses
Telephone, Printing Postage and Advertisement Bank Charges Expenditure on charitable activites			9,037 906 16,012 25,955
EXCESSOF INCOME OVER EXPENDITURE			109,939

Current assets
Bank/building society balances	93,917
Bank reserve	16,023
	109,940
Net Current Assets		109,940
Net Assets		311,050
Capital accounts
Balance at start of period		201,111
Net Funds Recieved		109,939
Total Funds		311,050