| CONTENTS | ||
|---|---|---|
| Contents | ||
| Charity information | ||
| Trustees (Directors) annual report | 4-6 | |
| Independent auditor's |
report | 7-10 |
| Statement offinancial | activities | |
| Balance sheet | ||
| Statement ofcash flows | 13 | |
| Notes to the financial | statements | 14-17 |
| Registered | charity | name | Ahlebait Foundation | |||
|---|---|---|---|---|---|---|
| Charity registration | number | 1180040 | ||||
| Charity Commission | England | and Wales | ||||
| Principal | and registered | office | 41 Priory Gardens | |||
| London | ||||||
| W5 1DY | ||||||
| Trustees | Syed Baqar Abbas Zaidi | |||||
| Hassnain Zebra Zaidi |
||||||
| Ali Jafar Zaidi | ||||||
| Benish Fatimah Zaidi | ||||||
| Auditors | KKAssociates | |||||
| Chartered Accountants |
and Registered Auditors | |||||
| 305 Crown House, Park Royal | ||||||
| North Circular Road | ||||||
| London | ||||||
| NW10 7PN | ||||||
| Bankers | Barclays Bank UK PLC | |||||
| I Churchill Place |
||||||
| London | ||||||
| F145HP |
| YE | AR ENDED 31 | MARCH 2022 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | |||
| Funds | Funds | 2022 | 2021 | |||
| Note | 4 | |||||
| INCOME AND | ||||||
| ENDOWMENTS FROM: | ||||||
| Donations and legaries |
2 | 18&099 | 343,886 | 361,985 | 434,321 | |
| Invesun ents | 3 | |||||
| TOTAL INCOME | 18,099 | 343,866 | 361,985 | 434,321 | ||
| EXPENDITURE ON: | ||||||
| Raising funds | (8,645) | (8,645) | (7,132) | |||
| Charitable activities |
(8,014) | (281/25) | (289,239) | (409,656) | ||
| TOTAL EXPENDITURE | (16,659) | (28142@ | (297,884) | (416,788) | ||
| NET INCOME/ | ||||||
| (EXPENDITURE) | 1,440 | 62&661 | 64&101 | 17,533 | ||
| OTHER RECOGNISED | ||||||
| GAINS/g OSSES) | ||||||
| NET MOVEMENT | IN FUNDS | 1&440 | 62,661 | 64,101 | 17,533 | |
| RECONCILIATION | OF | |||||
| FUNDS: | ||||||
| Total funds brought | forward | 6,074 | 21,248 | 27822 | 9,789 | |
| TOTAL FUNDS CARRIED | ||||||
| FORWARD | 8,9 | 7,514 | 83,909 | 91,423 | 27,322 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | |||||
| CURRENT ASSETS | |||||
| Debtors | |||||
| Cash at bank and in hand | 92,023 | 2$,322 | |||
| 92,023 | 28.322 | ||||
| CREDITORS; Amuunts | falling due withia une | ||||
| year | (600) | (1,000) | |||
| NET CURRENT ASSETS | 91,423 | 27,322 | |||
| TOTAL ASSETSLESS | CURRENT LIABILITIES | 91,423 | 27.322 | ||
| TOTAL NET ASSETS | 10 | 91,423 | 27.322 | ||
| FUNDS OFTHE CHARITY | |||||
| Restricted income fonda |
83,909 | 21,248 | |||
| Unrestricted income funds |
7,514 | 6,074 | |||
| TOTAL CHARITY FUNDS | 10 | 91,423 | 27,322 |
| 2022 | 2021. | |||||
|---|---|---|---|---|---|---|
| 6 | f, | |||||
| Cash flows from operating | activities | |||||
| Net income | 64,101 | 17,533 | ||||
| Adjustments for: | ||||||
| Foreign currency gains |
||||||
| Other interest receivable | and | similar income | ||||
| Changes in: | ||||||
| Trade and other | debtors | |||||
| Trade snd other | creditors | (400) | ||||
| Cash generated | from operations | 63,701 | 17,533 | |||
| Interest received | ||||||
| Net cash from operating | activities | 63,701 | 17,533 | |||
| Net increase in | cash and cash equivalents | 63,701 | 10,789 | |||
| Cash and cash | equivalents | at beginning | ofyear | 28,322 | 17,533 | |
| Cash and cash | equivalents | at end ofyear | 92,023 | 28,322 |
| Unrestricted | Unrestricted | Total Funds | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | 2022 | 2021 | |||||||
| f. | f | ||||||||
| 4. | NET INCOME ISSTATED AFTER | CHARGING: | |||||||
| Auditors remuneration |
600 | 600 | 600 | ||||||
| 5. | CHARITABLE ACTIVITIES | ||||||||
| Unrestricted | Restricted | Total Funds | Total Funds | ||||||
| Funds | Funds | 2022 | 2021 | ||||||
| Charitable expenditure |
2S1,225 | 281,225 | 408,656 | ||||||
| Governance | costs —administration | 8,014 | 8&014 | 1,000 | |||||
| S,014 | 281,225 | 289439 | 409,656 | ||||||
| The charitable | expenditure | was incurred | in accordance | with the | charity's objects. | ||||
| 6. | DEBTORS | ||||||||
| 2022 | 2021 | ||||||||
| f | |||||||||
| Gift Aid receivable | |||||||||
| Other debtors | |||||||||
| 7. | CREDITORS: Amounts | falling due within | oue year | ||||||
| 2022 | 2021 | ||||||||
| Accruals | 600 | 1,000 | |||||||
| 600 | l,000 | ||||||||
| 8. | UNRESTRICTED INCOME FUNDS |
| Balance at | Incoming | Outgoing | Balance at | |||
|---|---|---|---|---|---|---|
| 31 | March 2021 | resources | resources 31March 2022 | |||
| f | ||||||
| Unrestricted | funds | 6,074 | 18,099 | (16,659) | 7,514 |
| YEAR ENDED | YEAR ENDED | 31 MARCH 2022 | |||||
|---|---|---|---|---|---|---|---|
| 9. | RESTRICTED INCOME | FUNDS | |||||
| Balance | at | Incotntng | Outgoing | Balance at | |||
| 31March 2021 f |
resources | resources | 31March 2022 | ||||
| Restricted funds |
21,248 | 343,886 | (281,225) | 83,909 | |||
| 10. | SUMMARY | OFASSETSAND LIABIIITIESOFEACH CATEGORY OFFUNDS OF | |||||
| THE CHARITY | |||||||
| Unrestricted | Restricted | Total | |||||
| Funds | Funds | Funds | |||||
| 2022 | 2022 | 2022 | |||||
| f. | f | ||||||
| Debtors | |||||||
| Cash at bank | and in hand | 8,114 | 83909 | 92,023 | |||
| Creditors (falling | |||||||
| due within one year) | (600) | (600) | |||||
| Net assets | 7414 | 83i909 | 91,423 | ||||
| Unrestricted | funds | 7414 | 7/14 | ||||
| Restricted funds | 83,909 | 83,909 | |||||
| Total charity | funds | 7,514 | 83,909 | 91,423 | |||
| Unrestricted | Restrirted | Total | |||||
| Funds | Funds | Funds | |||||
| 2021f | 2021 | 2021 f |
|||||
| Debtors | |||||||
| Cash at bank | and in hand | 7,074 | 21,248 | 28322 | |||
| Creditors (falling | |||||||
| due within one year) | (1,000) | (1,000) | |||||
| Net assets | 6,074 | 21,248 | 27322 | ||||
| Unrestricted | funds | 6,074 | 6,074 | ||||
| Restricted funds | 21,248 | 21,248 | |||||
| Total charity | funds | 6.074 | 2l448 | 27,322 |