| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 6 |
| Report ofthe Independent Auditors |
7 | to | 8 |
| Statement of Financial Activities | |||
| Balance Sheet | 10 | ||
| Cash Flow Statement | |||
| Notes to the Cash Flow Statement | 12 | ||
| Notes to the Financial Statements | 13 | to | 16 |
| Detailed Statement ofFinancial Activities | 17 |
| fo | r the Perio | d 11October 201 | 9to 31 December 2020 | 9to 31 December 2020 | |
|---|---|---|---|---|---|
| UnrestrictedRestricted | Total | ||||
| Notes | funds f |
fund f |
fundsf | ||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
6,962,442 | 6,962,442 | |||
| EXPENDITURE ON | |||||
| Raising funds | 151 | 151 | |||
| Charitable activities |
|||||
| Balqees Welfare Pakistan | 4,662,098 | 4,662,098 | |||
| Other | 6 916 | 6916 | |||
| Total | 4,669,165 | 4,669,165 | |||
| NET INCOME | 2,293,277 | 2,293,277 | |||
| TOTAL FUNDS CARRIED FORWARD | 2,293,277 | 2,293,277 |
| UnrestrictedRestrlcted | UnrestrictedRestrlcted | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| funds | fund | funds | ||||||
| Dtss | 6 | |||||||
| NT;AS ".„":=C " ash 25«"~; CURARE „SETS'- .~- 'ht banr)r=, --= .--- |
2,300,177 | 2,800,177 | ||||||
| ,.p gg, "= CREDITIORS:=- -')to)Dc'nts: 'Tli' du |
e | -'w | l tb)ritons~ear'+;. &:", |
(6,900) | (6,900) | |||
| QgPf- T-SS)R Aisr,. .'-s |
S . | 2 293 277 | 2 293,277 | |||||
| ;--".:- .TOT@V;-"AS | '2,293,277 | 2,293,277 | ||||||
| ~S | 27293,277 | |||||||
| r s | ||||||||
| 2993277 |
| for the Period | 11 | Octobe | r | 2019to 31 Dece | mber 2020 |
|---|---|---|---|---|---|
| Notes | |||||
| Cash flows from operating | activities | ||||
| Cash generated from operations |
2 30D 777 | ||||
| Net cash provided by operating |
activities | 2 30D 777 | |||
| Change in cash and cash |
equivalents | in | |||
| the reporting period |
2,300,177 | ||||
| Cash and cash equivalents | at | the | |||
| beginning ofthe reporting |
period | ||||
| Cash and cash equivalents | at | the end | of | ||
| the reporting period |
2,300,177 |
| Notes to the Cash Flow Statement for the Period 11October 2019to 31 December 2020 |
|||
|---|---|---|---|
| RECONCILIATION | OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | ||
| Net income for the | reporting period (as per the Statement of |
||
| Financial Activities) | 2,293,277 | ||
| Adjustments for: |
|||
| Increase in creditors |
6 DDD | ||
| Net cash provided | by operations | 2,3DD 177 | |
| 2. | ANALYSIS OF CHANGES IN NET FUNDS |
| ANALYSIS OF CHANGES IN NET FU |
NDS | ||
|---|---|---|---|
| At 11.10.19 | Cash flow | At 31.12.20 | |
| f | f | f | |
| Net cash | |||
| Cash at bank | 2,300,177 | 2,300,177 | |
| 2,300,177 | 2,300,177 | ||
| Total | 2,300,177 | 2,300,177 |
| SUPPORT COSTS | |||
|---|---|---|---|
| Governance | |||
| Finance | costs | Totals | |
| 6 | 6 | 6 | |
| Other resources expended | 16 | 6,900 | 6,916 |
| Balqees Welfare Pakistan | 40 | 40 | |
| 56 | 6,900 | ~6956 |
| MOVEM | ENT | IN FUNDS | ||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| in funds | 31.12.20 | |||
| f | f | |||
| Unrestricted | funds | |||
| General | fund | 2,293,277 | 2,293,277 | |
| TOTAL | FUNDS | 2 293 277 | 2,293,277 |
| Net mov | ement | in funds, included in the abo |
ve are as follows: | ||
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources f |
expended | in funds f |
|||
| Unrestricted | funds | ||||
| General | fund | 6,962,442 | i4,669,165) | 2,293,277 | |
| TOTAL | FUNDS | 6962442 | r4969496) | 2293277 |
| INCOME AND | ENDOWMENTS | |
|---|---|---|
| Donations and |
legacies | |
| Donations | 6,962,442 | |
| Total incoming | resources | 6,962,442 |
| EXPENDITURE | ||
| Raising donations and legacies |
||
| Website Costs | 151 | |
| Charitable activities |
||
| Grants to institutions | 4,662,058 | |
| Support costs | ||
| Finance | ||
| Bank charges | 56 | |
| Governance | costs | |
| Auditors' remuneration |
6,000 | |
| Accountancy | and legal fees | 900 |
| 6 9DD | ||
| Total resources | expended | 4 669 166 |
| Net income | 2,293 277 |