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|---|---|---|---|
|Trustees'|annual<br>report|||
|Independent<br>examiner's<br>report to the trustees||||
|Statement|offinancial|activities||
|Statement|offinancial|position||
|Notes to the financial||statements||





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||||Year ended|31 Nlarch 2021||
|---|---|---|---|---|---|
|The trustees|present|their report|and the unaudited|financial statements|ofthe charity forthe year ended|
|31 March 2021.||||||
|Reference and administrative|||details|||
|Registered|charity|name|The Hasil Foundation|||
|Charity registration||number|1179091|||
|Principal office|||82Chasewood|Park||
||||Sudbury<br>Hill|||
||||Harrow|||
||||Middlesex|||
||||HA1 3YR|||
||||United<br>Kingdom|||
|The trustees|||H TSuterwalla|||
||||A H Suterwalla|||
||||M H Suterwalla|||
||||S H Suterwalla|||
|Independent|examiner||Shammir Shah|||
||||Chamberlains|UK LLP||
||||Chartered<br>Accountants|||
||||173Cleveland|Street||
||||London|||
||||UK|||
||||W1T6QR|||



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|||||||2021|2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|||
|||||||funds|Total funds|Total funds|
||||||Note||||
|Income and|endowments||||||||
|Donations<br>and legacies|||||4|||1,000,000|
|Investment|income||||5|12,745|12,745|9,645|
|Total income||||||12,745|12,745|1,009,645|
|Expenditure|||||||||
|Expenditure|on raising funds:||||||||
|Investment<br>management|||costs||6|12,021|12,021|5,388|
|Expenditure|on charitable|activities|||7,8|13,709|13,709|11,205|
|Total expenditure||||||25,730|25,730|16,593|
|Net (gains)/losses<br>on investments|||||9|(177,417)|(177,417)|144,214|
|Net income|and net movement|||in funds||164,432|164,432|848,838|
|Reconciliation<br>offunds|||||||||
|Total funds|brought<br>forward|||||848,838|848,838||
|Total funds|carried forward|||||1,013,270|1,013,270|848,838|





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||31 INarch 202|1|||
|---|---|---|---|---|
||||2021|2020|
|||Note|R||
|Fixed assets|||||
|Investments||14|1,001,773|840,561|
|Current assets|||||
|Cash at bank and in|hand||23,197|15,777|
|Creditors: amounts|falling due within one year|15|11,700|7,500|
|Net current assets|||11,497|8,277|
|Total assets less current liabilities|||1,013,270|848,838|
|Net assets|||1,013,270|848,838|
|Funds ofthe charity|||||
|Unrestricted<br>funds|||1,013,270|848,838|
|Total charity funds||16|1,013,270|848,838|





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|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|2021|Funds|2020|
|||||||f.||||
||Donations|||||||||
||Donations|||||||1,000,000|1,000,000|
|5.|Investment|income||||||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2021|Funds|2020|
||Income from||other investments|||12,743|12,743|4,575|4,575|
||Bank interest||receivable|||2|2|5,070|5,070|
|||||||12,745|12,745|9,645|9,645|
|6.|Investment|management|||costs|||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds<br>f|2021<br>R|Funds|2020<br>Z|
||Portfolio management|||fees||12,021|12,021|5,388|5,388|





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|7.|Expenditure||on charitab|le||activ|iti|es|by fund type|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted|Total Funds||Unrestricted|Total Funds|
||||||||||Funds<br>f||2021|Funds|2020|
||Donations|made|||||||9,450||9,450|3,670|3,670|
||Support costs||||||||4,259||4,259|7,535|7,535|
||||||||||13,709||13,709|11,205|11,205|
|8.|Expenditure||on charitable|||activities|||by activity type|||||
||||||||||Activities|||||
||||||||||undertaken||Support|Total funds|Total fund|
||||||||||directly||costs|2021|2020<br>f|
||Donations<br>made||||||||9,450|||9,450|3,670|
||Governance|costs|||||||||4,259|4,259|7,535|
||||||||||9,450||4,259|13,709|11,205|
|9.|Net (gains)/losses<br>on investments|||||||||||||
||||||||||Unrestricted|Total Funds||Unrestricted|Total Funds|
||||||||||Funds||2021|Funds|2020|
||(Gains)/losses||on fair value|||movement||||||||
||on financial|assets|||||||195,857||195,857|(131,837)|(131,837)|
||Realised (gains)/losses|||on||disposal||of||||||
||investment|assets|||||||(18,440)||(18,440)|(12,377)|(12,377)|
||||||||||177,417||177,417|(144,214)|(144,214)|
|10.|Auditors<br>remuneration|||||||||||||
|||||||||||||2021|2020|
||Fees payable||for the audit||ofthe||financial statements||||||3,000|
|11~|Independent||examination|||fees||||||||
|||||||||||||2021|2020|
||||||||||||||f|
||Fees payable||to the independent||||examiner for:|||||||
||Independent||examination||ofthe financial statements|||||||1,800||
|12.|Staff costs|||||||||||||
||The total staff||costs and|employee||||benefits for the reporting|||period are|analysed<br>as|follows:|
|||||||||||||2021|2020|





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|Investments||
|---|---|
||Other|
||investments|
|Cost or valuation||
|At 1 April 2020|840,561|
|Additions|540,669|
|Disposals|(556,874)|
|Fair value movements|195,857|
|Loss on disposal ofinvestments|(18,440)|
|At 31 INarch 2021|1,001,773|
|Impairment||
|At 1 April 2020 and 31 March 2021||
|Carrying<br>amount||
|At 31 March 2021|1,001,773|
|At 31March 2020|840,561|




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|Unrestricted|Total Funds|
|---|---|
|Funds|2021|
|1,013,270|1,013,270|
|Unrestricted|Total Funds|
|Funds|2020|
|848,838|848,838|