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|Trustees||Mansoor Taherally|Suterwalla|
|---|---|---|---|
|||Riyaz Suterwalla||
|||Taher Suterwalla||
|Independent|Examiner|Ward Divecha Ltd||
|||Chartered<br>Accountants||
|||and Statutory Auditors||
|||29Welbeck street||
|||London||
|||W1G BDA||
|Bankers||Habib Bank AG Zurich||
|||5/7 High Street||
|||Southall||
|||Middlesex||
|||UB1 3HA||
|Charity address||8 Ingleby<br>Drive||
|||Harrow on the Hill||
|||Middlesex||
|||HA1 3LE||
|Registered|Charity number|1182399||





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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restdcted||Total|Total|
||||Notes|Funds|Funds||Funds|Funds|
|INCOMING RESOURCES|||5|6||6|8|6|
|Incoming resources from generated||funds|||||||
|Grants<br>Prost on sale ofshares||||650<br>61743|||650<br>61743|1,370|
|Total incoming<br>resources||||62393|||62393|1370|
|RESOURCES EXPENDED|||||||||
|Charitable<br>activities|||||||||
|Donation to other charities||||25,000|||25,000|39,575|
|Governance<br>cost||||670|||670|683|
|Total resources expended||||25,870|||25,670|40,258|
|NET (INCOME)/Deficit<br>FOR THE YEAR||||36,723|||36,723|(38,888)|
|OTHER RECOGINI8ED (GAINS)rbosses|||||||||
|(Gains) or losses revaluation|offixed||||||||
|assets||||37,440|||37,440|132,129|
|||||74,163|||74,163|93,241|
|Reconciliation<br>offunds|||||||||
|Total funds brought<br>forward||||1,317,653|||1,317,653|1,224,412|
|||||1,391,816|-||1,391,816|1,317,653|





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|as at 31stMarch 2|023||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||Unrestrioted|Restrioted|Total|Total|
||||funds|funds|Funds|Funds|
|Current assets||Notes|6|6|8|8|
|Current asset investment||3|1,076,642||1,076,642|1,254,156|
|Cash at bank and in hand|||315,823||315,823|64,147|
||||1,392,466||315,823|1,318,303|
|Creditors: amounts|falling||||||
|due within one year|||(650)||(650)|(650)|
|Total assets less current|||||||
|liabilities|||1,681,816||1,381,818|'l,317,663|
|Funds|||||||
|Unrestricted<br>Restricted|||1,391,816||1,391,816|1,317,653|
||||1,881,816||1,391,816|1,317,663|






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|Cash Flow Statement<br>for the year ended 31|<br> March 2023||||
|---|---|---|---|---|
||||2023|2022|
|||Notes|||
|Cash flows from operating|activities:||||
|Cash generated<br>from operations|||(14,909)|(46,488)|
|Net cash provided<br>by (used in)<br>operating<br>activities|||~14.333|~43,433|
|Cash flows from investing|activities:||||
|Interest received|||||
|Net cash provided<br>by (used in)|||||
|investing<br>activities|||||
|Cash flows from financing|activities:||||
|Purchase ofbond|||||
|Sales of bond|||266,585||
|Net cash provided<br>by (used in)|||||
|financing<br>activities|||266,565||
|Change<br>in cash and cash equivalents|||||
|in the reporting<br>period|||261,676|(46,468)|
|Cash and cash equivalents|at the||||
|beginning<br>ofthe reporting|period||64,147|109,615|
|Cash and cash equivalents|at the end||||
|ofthe reporting<br>period|||313323|64,147|





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|RECONCILIATION<br>OFNET INCOME/(<br>OPERATING ACTIVITIES|EXPENDITURE)<br>TO|NET CASH FLOW F|ROM|
|---|---|---|---|
|||2023|2022|
||||s|
|Net income/(expenditure)<br>for the reporting|period (as per the|||
|statement<br>offinancial activities)<br>Adjustments<br>for:||74,163|93,241|
|Interest received||||
|Revaluation<br>on gain on investment<br>Profit on sales of investment<br>Increase<br>in creditors||(27,328)<br>(61,743)|(137,989)<br>~726|
|Net cash provided<br>by (used in) operating|activities|~74,966|~46,466|





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|3|Current Asset Investment|Current Asset Investment|Current Asset Investment|||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||EM Opportunities|Fund|Ltd|||1,076,642|1,254,156|
||The value stated above||is the Market|value as at 31 March|2023.|||
|4|Creditors: amounts||falling due|||||
||within one year|||||2023|2022|
|||||||6|e|
||Accruals|||||650|650|
|||||||860|860|
|5|Incoming Resources|||Unrestrioted|Restrioted|Total|Total|
|||||Funds|Funds|Funds|Funds|
|||||2023|2023|2023|2022|
|||||6|6|6|6|
||Grants<br>Profit on sale ofshares<br>Total incoming<br>resources|||1,370<br>~61,743<br>(80,373)||1,370<br>~61,743<br>(60,373)|1,370<br>1,376|
|6|Resources expensed|||Unrestrioted|Restrioted|Total|Total|
|||||Funds|Funds|Funds|Funds|
|||||2023|2023|2023|2022|
|||||6|6|6|6|
||Cost ofgenerating|funds||||||
||Charitable<br>activities|||||||
||Donation lo other charities|||25,000||25,000|39,575|
|||||25,000||25,000|39,575|
||Governance oost|||||||
||Bank Charges|||33||33|33|
||Independent<br>examiner||remuneration|650||650|650|
|||||683||683|683|