Regsitered Number 1177711 Kayeff Foundation Accounts 30 April 2022 ## **Kayeff Foundation LEGAL AND ADMINISTRATIVE INFORMATION** ## **Trustees** K. Z. Fazil A F Fazil S Fazil Z Abbas ## **Charity numbe** r 1177711 ## **Principal address** Grove Corner Royston Grove Pinner Middlesex HA5 4HD ## **Accountants** ## **A H JEEWAJEE & CO.** 92 Betham Road **Greenford** Middlesex **UB6 8SA** 1 ## **Kayeff Foundation Registered number: 1177711 Trustees' Report** The Trustees of the charity present their report with the financial statements of the charity for the year ended 30 April 2022. The Trustees confirm that they have referred to the General Guidance issued by the Charity Commission when reviewing and planning the charity's aims and objectives. Mrs S. Fazil, a trustee, gifted another property to the Trust in the year to 30 April 2022. ## **Trustees** The following persons served as Trustees during the year: K. Z. Fazil A F Fazil S Fazil Z Abbas This report was approved by the Board of Trustees on 5 July 2022 and signed on its behalf by. Ms. K. Z Fazil Trustee 2 **Kayeff Foundation Accountants' Report for the year ended 30 April 2022** ## **Accountants' report to the trusteess of Kayeff Foundation** In accordance with your instructions, we have prepared the accounts of the charity for the year ended 30 April 2022, which comprise the Profit and Loss Account and Balance Sheet from the accounting records of the charity and on the basis of information and explanations you have given to us We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. ## **A. H. JEEWAJEE & CO.** 92 Betham Road Greenford Middlesex UB6 8SA 05 July 2022 3 ## **Kayeff Foundation Profit and Loss Account for the year ended 30 April 2022** |**Receipts**
Other income
Expenditure on charitable activities
**Gross profit**
Other charges
**Surplus for the year**
**Surplus for the year transferred to unrestricted funds**|**2022**
**£**
23,263
6,317
(18,000)
11,580
(8,355)
3,225
3,225|**2021**
**£**
38,071
6,306
(1,388)
42,989
(350)
42,639
42,639| |---|---|---| 4 ## **Kayeff Foundation Registered number: 1177711 Balance Sheet as at 30 April 2022** |Fixed assets
Current assets
Creditors: amounts falling due within one
year
Net current assets
Total assets less current liabilities
**Net assets**
**Funds**|**2022**
**£**
424,809
58,607
(375)
58,232
483,041
483,041
483,041|**2021**
**£**
421,953
51,751
(980)
50,771
472,724
472,724
472,724| |---|---|---| The financial statements were approved by the Trustees and authorised for issue on 5 July 2022 and are signed on their behalf by: Ms K Z Fazil Trustee 5 **Kayeff Foundation Notes to the Accounts for the year ended 30 April 2022** ## _**Tangible fixed assets**_ Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings Leasehold land and buildings over 50 years over the lease term ## **2 Tangible fixed assets** |**Cost**
At 1 May 2021
Additions
At 30 April 2022
**Depreciation**
At 1 May 2021
Charge for the year
At 30 April 2022
**Net book value**
At 30 April 2022
At 30 April 2021|**Land and**
**buildings**
**£**
421,953
2,856
424,809
-
-
-
424,809
421,953|**Plant and**
**machinery**
**etc**
**£**
-
-
-|**Total**
**£**
421,953
2,856
424,809
-
-
-
424,809
421,953| |---|---|---|---| The asset is a leasehold residential property which was donated by Mrs Sabah Fazil, a trustee of Kayeff Foundation. 6 ## **Kayeff Foundation Detailed profit and loss account items for the year ended 30 April 2022** _This schedule does not form part of the statutory accounts and should NOT be sent to HMRC_ |**Receipts**
Donations received in this period
Rental Income received
**Other income**
Tax refund claimed from HMRC
**Expenditure on charitable activities**
Charitable activities
**Other charges**
Premises costs:
Rent
Service charges
General administrative expenses:
Repairs and maintenance
Legal and professional costs:
Accountancy fees|**2022**
**£**
4,435
18,828
23,263
6,317
18,000
300
3,948
4,248
3,732
3,732
375
375
8,355|**2021**
**£**
25,225
12,846
38,071
6,306
1,388
-
-
-
-
-
350
350
350| |---|---|---| 7 ## **Kayeff Foundation Detailed balance sheet items as at 30 April 2022** _This schedule does not form part of the statutory accounts and should NOT be sent to HMRC_ |**Fixed assets**
Land and buildings
**Current assets**
Other debtors
Cash at bank and in hand
Total current Assets
**Creditors: amounts falling due within one year**
Other creditors
Net assets
Reserves
Net assets
**Funds**
**Net Current Assets**
Brought forward
Unrestricted funds|**2022**
**£**
424,809
14,438
44,169
58,607
375
58,232
429,045
53,996
483,041
50,771
3,225
53,996|**2021**
**£**
421,953
7,346
44,405
51,751
980
50,771
421,953
50,771
472,724
8,132
42,639
50,771| |---|---|---| 8 ## **Kayeff Foundation** ## **Detailed rental income & expenses account** ## **for the year ended 30 April 2022** _This schedule does not form part of the statutory accounts and should NOT be sent to HMRC_ |**RENTS RECEIVABLE (13 months)**
**LESS EXPENSES**
Council Tax & Ground rent
Rental Commission
Service charges
Insurance
Sundry expenses
Replacement of domestic items
Repairs
**Net Income (Loss)**|£
£
18,828
300
3,948
329
3,732
8,309
£
10,519| |---|---| 9