## ## |||Page|| |---|---|---|---| |Report ofthe Trustees||to|7| |Report ofthe independent
Auditors|8|to|9| |Statement
ofFinancial Activities||10|| |Balance Sheet|||| |Cash Flow Statement|||| |Notes tothe Cash Flow Statement|||| |Notes tothe Financial Statements|14|to|19| |Detailed Statement ofFinancial Activities||20|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||Period| |---|---|---|---|---|---|---|---| ||||||||'I1,10.19| |||||||Year ended|to| |||||||31.'I2.21|31.12,20| |||||Unrestricted|Restricted|Total|Total| |||||funds|fund|funds|funds| ||||Notes|E|F||F| |INCOME AND ENDOWMENTS||FROM|||||| |Donations
and legacies|||2|1,352,362||1,352,362|6,962,442| |EXPENDITURE ON|||||||| |Raising funds|||||||151| |Charitable
activities|||||||| |Balqees Welfare Pakistan||||1,525,050||1,525,050|4,662,096| |Just Giving||||4,000||4,000|| |Other||||1,500||1,500|6,916| |Total||||1,530,550||1,530,550|4,669,165| |NET INCONIEI{EXPENDITURE)||||{178„'I88)||(178,188)|2,293,277| |RECONCILIATION|OF FUNDS||||||| |Total funds brought|forward|||2,293&277||2,293,277|| |TOTAL FUNDS CARRIED FORWARD||||2,115,089||2,115,089|2,293,277| ## ## ## ||fo|r the Year Ended|31December 2021|| |---|---|---|---|---| |||||Period| |||||11,10.19| ||||Year ended|to| ||||31.12.21|31.12.20| |||Notes||| |Cash flows from operating|activities|||| |Cash generated
from operations||1|(176,688)|2,300,177| |Net cash (used [n)/provided|by operating|activities|876,688)|2,300,177| |Change
In cash and cash|equivalents|in||| |the reporting
period|||(176,688)|2,300, '177| |Cash and cash equivalents|at the|||| |beginning
ofthe reporting|period||2,300,177|| |Cash and cash equivalents|at the end|of||| |the reporting
period|||2,123„489|2,300,177| ## ## ## ||||||Period| |---|---|---|---|---|---| ||||||11,'l0,19| |||||Year ended|to| |||||31.12.21|31.12,20| |Net (expenditure)/Income||for the reporting|period (as per the||| |Statement ofFinancial Activities)||||(178,188)|2,293,277| |Adlustments
for:|||||| |increase|in creditors|||1,500|6,900| |Net cash|(used in)/provided|by operations||(176,688)|2,300,177| ## ||At 1.1,21|Cash flow|At 31.12.21| |---|---|---|---| ||||E| |Net cash|||| |Cash at bank|2,300,177|(176,688)|2,123,489| ||2&300,177|(176,688)|2,123,489| |Total|2,300,177|(176,688)|2,123,489| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |GRANTS PAYABLE||| |---|---|---| |||Period| |||11.10,19| ||Year ended|to| ||31.12.21|31.12.20| |Balqees Welfare Pakistan|1,525,000|4,662,058| |Just Giving|4,000|| ||1,529,000|4,662,058| |SUPPORT COSTS|||| |---|---|---|---| |||Governance|| ||Finance|costs|Totals| ||F|E|| |Other resources expended||1,500|1,500| |Balqees Welfare Pakistan|50||50| ||50|1,500|1,550| ## ## ## ## ## ## ## ## ## ## |||||||Period| |---|---|---|---|---|---|---| |||||||11.10.19| ||||||Year ended|to| ||||||31.12,21|31.12,20| |No employees|received emoluments||in excess of260,000.|||| |COMPARATIVES FOR THE STATEMENT OF FINANCIAL||||ACTIVlTIES||| |||||Unrestricted|Restricted|Total| |||||funds|fund|funds| |||||E|E|E| |INCOME AND|ENDOWMENTS|FROM||||| |Donations
and|legacies|||6,962,442||6,962,442| |EXPENDITURE ON||||||| |Raising funds||||||| |Charitable
activities||||||| |Balqees Welfare Pakistan||||4,662,098||4,662,098| |Other||||6,916||6,916| |Total||||4,669,165||4,669,166| |NET INCOME||||2,293,27T||2,293,2T7| |TOTAL FUNDS|CARRIED FORWARD|||2,293,27T||2,293,277| ## ## |||||for the Year Ended 31Decem|for the Year Ended 31Decem|for the Year Ended 31Decem|ber 2021||| |---|---|---|---|---|---|---|---|---|---| |11.|CREDlTORS:||AMOUNTS|FALLiNG DUE WiTHiN ONE YEAR|||||| |||||||||2021|2020| ||Accrued expenses|||||||8,400|6,900| |12.|MOVEMENT|iN FUNDS|||||||| |||||||||Net|| |||||||||rnovernent|At| ||||||||At 1.1.21|in tunds|31.12.21| |||||||||E|| ||Unrestricted||funds||||||| ||General fund||||||2,293&277|(178,188)|2„115,089| ||TOTAL FUNDS||||||2,293,277|(178,188)|2„115,089| ||Net movement||in funds, included|||in the above are as follows:|||| ||||||||Incoming|Resources|Movement| ||||||||resources|expended|in funds| ||Unrestricted|funds|||||||| ||General fund||||||1,352,362|(1,530,550)|(178,188)| ||TOTAL FUNDS||||||1,352,362|(1,530,550)|(178,188)| ||Comparatives||for movement||in|funds|||| |||||||||Net|| |||||||||rnovernent|At| |||||||||in funds|31.12.20| ||Unrestricted|funds|||||||| ||General fund|||||||2,293,277|2,293,277| ||TOTAL FUNDS|||||||2,293,277|2,293,277| ## ## ## ## |Comparative|net movement
ln funds,
include|d
in the above are as follows;||| |---|---|---|---|---| |||Incoming|Resources|Movement| |||r'esources|expended|in funds| |||E||| |Unrestricted|funds|||| |General fund||6,962,442|(4,669,165)|2,293,277| |TOTAL FUNDS||6,962,442|(4,669,165)|2,293,277| ## ## |||||Detailed Statement|of Financial Activities|||| |---|---|---|---|---|---|---|---|---| |||||for the Year Ended 31 December 2021||||| ||||||||Period|| ||||||||11.10.1|9| |||||||Year ended|to|| |||||||31.12.21|31.12.20|| |||||||F||| |INCOME AND|ENDOWMENTS|||||||| |Donations
and||legacies||||||| |Donations||||||1,352,362|6,962,442|| |Total incoming||resources||||1,352,362|6,962,442|| |EXPENDITURE||||||||| |Raising donations|||and legacies|||||| |Website Costs|||||||151|| |Charitable
activities||||||||| |Grants to institutions||||||1,529,000|4,662,058|| |Support costs||||||||| |Finance||||||||| |Bank charges||||||||| |Governance|costs|||||||| |Auditors'
remuneration||||||1,000|6,000|| |Accountancy|and||legal fees|||500|900|| |||||||1,500|6,900|| |Total resources||expended||||1,530,550|4,669,165|| |Net (expenditure)(income||||||(178,188)|2,293,277||