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|CONTENTS|||Page|
|---|---|---|---|
|1. Information||||
|2. Trustees'|Report||3-8|
|3. Independent
Auditor's||Report|9- 12|
|4. Statement|of Financial|Activities||
|5. Statement|of Financial|Position|14|
|6. Statement|of Cashflows||15|
|7. Notes to|the Financial|Statements|16-19|
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|||||Total|Total|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|2021|2020|
|INCOME AND EXPENDITURE|Notes|F|E|||
|INCOMING
RESOURCES||||||
|Donations
and legacies|2|415,397|990,302|1,405,699|971,907|
|Grants|3||15,000|15,000||
|Total Income||415397|1 005 302|1 420 699|971 907|
|RESOURCES EXPENDED||||||
|Fundraising
costs|4|101,258|-|101,258|14,828|
|Charitable
Activities Costs|5|11,336|695,910|707,246|204,609|
|Administrative
Costs|6|81,000|-|81,000|23,887|
|Total Resources Expended||193594|695910|889504|243 324|
|Net Surplus for the year||221,803|309,392|531,195|728,583|
|Funds as at 1 June 2020||314,313|414,270|728,583||
|Fund Movement||||||
|Funds as at 31 May 2021|10|536116|723 662|1 259 778|728 583|
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|||||Total||Total|
|---|---|---|---|---|---|---|
|||||2021||2020|
|||Notes||F||F|
|Fixed Assets:|||||||
|Tangible Assets||||7,280|||
|Current Assets:|||||||
|Debtors and prepayments|||||||
|Cash at Bank and|in hand||1,257,498||728,583||
||||1,257,498||728,583||
|Current
Liabilities:|||||||
|Amount
falling due|within one year||5,000||||
|Net Current Assets||||1,252,498||728,583|
|Total Net Assets||||1,259,778||728,583|
|Funds|||||||
|Unrestricted
funds:|General|10||536,116||314,313|
|Restricted
fund||9||723,662||414,270|
|Total Funds||||1,259,778||728,583|
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|||||||2021||2020|
|---|---|---|---|---|---|---|---|---|
|||||||E|||
|Cash Outflow
from|Operating||Activities||||||
|Operating
Profit|||||531,195||728,583||
|Depreciation|||||1,820||||
|(Gain)/Loss
on fixed|asset disposal||||||||
|Operating
Profit Before Working||Capital Chgs|||533,015||728,583||
|(Increase)/Decrease|in Debtors||||||||
|Increase/(Decrease)|in Creditors||||5,000||||
|Cash from Operations|||||538,015||728,583||
|Net Cash Generated|from Operations|||||538,015||728,583|
|Cash Outflow
from|Investment||Activities||||||
|Purchase
ofTangible|Fixed Assets||||(9,100)||||
|Fixed assets disposal|||||||||
|Net Cash|inflow/outflow||from Investment|Activities||(9,100)|||
|Cash Outflow
from|Financing|Activities|||||||
|Increase/(Decrease)|ofLoans||||||||
|Net Increase/(decrease)
in Cash|||and Cash Equivalents|||528,915||728,583|
|Opening
Cash and Cash Equivalents||||||728,583|||
|Closing Cash and Cash Equivalents||||||1,257,498||728,583|
|Reconciliation:|||||||||
|Cash at bank and in|hand|||||1,257,498||728,583|
|||||||1,257,498||728,583|
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|Charitable
Activities|Charitable
Activities|Income||Unrestricted
f|Restricted|2021f|2020|
|---|---|---|---|---|---|---|---|
|General donations||||415,397||415,397|397,046|
|Project related donations|||||990,302|990,302|574,861|
|||||415397|990302|1 405699|971 907|
|Grant income||||||||
|East End Community||Fund|||5,000|5,000||
|London
Community|Foundation||||10,000|10,000||
||||||15,000|15,000||
|Ex enses Summa||||||||
|Fundraising
Cost||||Unrestricted
f|Restricted
f|2021f|2020f|
|Costs of generating|donations||and legacies|60,233||60,233|14,828|
|Comission
charges|pertaining||to collections|41,025||41,025||
|||||101,258||101,258|14,828|
|Charitable
Activities||Cost||Unrestricted
f|Restricted
f|2021f|2020|
|Storage and transport|||||10,008|10,008||
|Direct project implementation|||||685,902|685,902|204,609|
|Travel||||11,336||11,336||
|||||11,336|695,910|707,246|204,609|
|Administrative
Cost||||Unrestricted|Restricted|2021|2020|
|a) Support Costs||||||||
|Rent, rates and insurance||||24,872||24,872|23,887|
|Subscriptions||||1,604||1,604||
|Printing,
postage and||stationery||2,740||2,740||
|Telephone
8 internet|charges|||3,794||3,794||
|Depreciation||||1,820||1,820||
|Bank charges||||971||971||
|Repairs and maintenance||||7,943||7943||
|||||43,744||43,744|23,887|
|b) Governance
Costs||||||||
|Legal and consultancy||fees||27,256||27,256|67,905|
|Management
expenses||||5,000||5,000||
|Audit 8 Accountancy||Fees||5,000||5000||
|||||37,256||37,256|67,905|
|||||81,000||81,000|91,792|
|Total Expenses||||193594|695910|889504|311,228|
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||Office|
|---|---|
||Equipment|
||F|
|Cost:||
|At 1stJune 2020||
|Addition|9,100|
|Disposal||
||9,100|
|Depreciation:||
|At 1stJune 2020||
|Disposal
elimination||
|Charge for the year|1,820|
||1,820|
|Net Book Value||
|At 31st May 2021|7,280|
|At June 2020||
|Creditors:|Amount|FaIling Due c One Year|||2021||2020|
|---|---|---|---|---|---|---|---|
||||||||E|
|Accruals|||||5,000|||
||||||5000|||
|Restricted|funds movement:||Opening|Restricted|Restricted||Closing|
||||Balance|Income|Expenses|Adjustment|Balance|
|||||E|||E|
|Borehole|||25,257|194,770|86,000||134,027|
|Education|||377,492|678,037|543,715||511,814|
|Food|||(2,201)|66,390|2,337||61,852|
|Zakaat|||13,722|66,105|63,858||15,969|
|Total|||414,270|1,005,302|695,910||723,662|
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|Movement
in|Funds|Unrestricted|Restricted||
|---|---|---|---|---|
|||Funds|Funds|Total|
|||F|||
|As at 1 June|2020|314,313|414,270|728,583|
|Current year||221,803|309,392|531,195|
|As at 31 May|2021|536,116|723,662|1,259,778|