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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|8|
|Report ofthe Independent
Auditors|9 to||10|
|Statement of Financial Activities||||
|Balance Sheet||12||
|Cash Flow Statement||13||
|Notes to the Cash Flow Statement||14||
|Notes to the Financial Statements|15 to||20|
|Detailed Statement of Financial Activities||21||
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||un s|un|||
|||Notes|F||||
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies||2|1,031,379||1,031,379|1,352,362|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Balqees Welfare Pakistan
Just Giving|||471,252||471,252|1,525,050
4,000|
|Other|||5,352||5,352|1,500|
|Total|||476,604||476,604|1,530,550|
|NET INCOME/(EXPENDITURE)|||554,775||554,775|(178,188)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||2,115,089||2,115,089|2,293,277|
|TOTAL FUNDS CARRIED FORWARD|||2,669,864||2,669,864|2,115,089|
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||31 De|cember 2022||||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
||Notes|||||
|CURRENT ASSETS||||||
|Cash at bank||2,678,239||2,678,239|2,123,489|
|CREDITORS||||||
|Amounts
falling due within one year|10|(8,375)||(8,375)|(8,400)|
|NET CURRENT ASSETS||2,669,864||2,669,864|2,115,089|
|TOTAL ASSETS LESSCURRENT||||||
|LIABILITIES||2,669,864||2,669,864|2,115,089|
|NET ASSETS||2,669,864||2,669,864|2,115,089|
|FUNDS||||||
|Unrestricted
funds||||2,669„864|2,115,089|
|TOTAL FUNDS||||2,669,864|2,115,089|
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||||for the|Year Ended 31|December 2022||
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||Notes|E||
|Cash flows from||operating|activities||||
|Cash generated|from operations|||1|554,750|(176,688)|
|Net cash provided||by/(used|in) operating|activities|554,750|(176,688)|
|Change
in cash||and cash|equivalents||||
|in the reporting||period|||554,750|(176,688)|
|Cash and cash|equivalents||at the||||
|beginning
ofthe||reporting|period||2,123,489|2,300,177|
|Cash and cash|equivalents||at the end||||
|ofthe reporting||period|||2,678,239|2,123,489|
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|ACTIVITIES||||
|---|---|---|---|
|||2022|2021|
||||F|
|Net income/(expenditure)
for the reporting
Statement of Financial Activities)
Adjustments
for:|period (as per the|554,775|(178,188)|
|(Decrease)/increase
in creditors||(25)|1,500|
|Net cash provided
by/(used
in) operations||554,750|(176,688)|
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||At 1.1.22|Cash flow|At 31.12.22|
|---|---|---|---|
||||F|
|Net cash||||
|Cash at bank|2,123,489|554,750|2,678,239|
||2,123,489|554,750|2,678,239|
|Total|2,123,489|554,750|2,678,239|
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|GRANTS PAYABLE|||
|---|---|---|
||2022|2021|
||F||
|Balqees Welfare Pakistan|471,252|1,525,000|
|Just Giving||4,000|
||471,252|1,529,000|
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|||||Governance|
|---|---|---|---|---|
|||||costs|
|||||F|
|Other resources expended||||5,352|
|NET INCOME/(EXPENDITURE)|||||
|Net income/(expenditure)||is stated after charging/(crediting):|||
||||2022|2021|
||||f||
|Auditors'|remuneration||3,000|1,000|
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||||for the Year Ended 31 Decem|for the Year Ended 31 Decem|for the Year Ended 31 Decem|for the Year Ended 31 Decem|ber 2022|||
|---|---|---|---|---|---|---|---|---|---|
|9.|COMPARATIVES FOR||THE STATEMENT OF FINANCIAL||||ACTIVITIES|||
||||||||Unrestricted|Restricted|Total|
||||||||funds|fund|funds|
||||||||||F|
||INCOME AND ENDOWMENTS||||FROM|||||
||Donations
and legacies||||||1,352,362||1,352,362|
||EXPENDITURE ON|||||||||
||Charitable
activities|||||||||
||Balqees Welfare Pakistan
Just Giving||||||1,525,050
4,000||1,525,050
4,000|
||Other||||||1,500||1,500|
||Total||||||1,530,550||1,530,550|
||NET INCOME/(EXPENDITURE)||||||(178,188)||(178,188)|
||RECONCILIATION|OF|FUNDS|||||||
||Total funds brought|forward|||||2,293,277||2,293,277|
||TOTAL FUNDS CARRIED|||FORWARD|||2,115,089||2,115,089|
|10.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||||
|||||||||2022|2021|
|||||||||E||
||Accrued expenses|||||||8,375|8,400|
|11.|MOVEMENT
IN FUNDS|||||||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1.1.22|in funds|31.12.22|
|||||||||E||
||Unrestricted
funds|||||||||
||General fund|||||2,115,089||554,775|2,669,864|
||TOTAL FUNDS|||||2,115,089||554,775|2,669,864|
||Net movement
in funds,||included||in the above are|as follows:||||
||||||||Incoming|Resources|Movement|
||||||||resources|expended|in funds|
||Unrestricted
funds|||||||||
||General fund|||||1,031,379||(476,604)|554,775|
||TOTAL FUNDS|||||1,031,379||(476,604)|554,775|
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|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.1.21|in funds|31.12.21|
|Unrestricted||funds||||
|General|fund||2,293,277|(178,188)|2,115,089|
|TOTAL|FUNDS||2,293,277|(178,188)|2,115,089|
|Comparative|net movement
in funds,
in|cluded
in the above are as follow|s:||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds
f|
|Unrestricted|funds||||
|General fund||1,352,362|(1,530,550)|(178,188)|
|TOTAL FUNDS||1,352,362|(1,530,550)|(178,188)|
|A current yea|r 12 months
and prior year|12 months
combined
position
is|as follows:||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.1.21|in funds|31.12.22|
||||F||
|Unrestricted|funds||||
|General fund||2,293,277|376,587|2,669,864|
|TOTAL FUNDS||2,293,277|376,587|2,669,864|
|A current yea
above are as|r 12 months
and prior yea
follows:|r 12 months
combined
net move|ment
in funds,
|included
in|
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||E|F||
|Unrestricted|funds||||
|General fund||2,383,741|(2,007,154)|376,587|
|TOTAL FUNDS||2,383,741|(2,007,154)|376,587|
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|Detailed Statement o
for the Year Ended|f Financial Activities
31 December 2022||
|---|---|---|
||2022|2021|
|Donations
and legacies|||
|Donations|1,031,379|1,352,362|
|Total incoming
resources|1,031,379|1,352,362|
|EXPENDITURE|||
|Charitable
activities|||
|Grants to institutions|471,252|1,529,000|
|Support costs|||
|Finance|||
|Bank charges||50|
|Governance costs|||
|Auditors'
remuneration
Accountancy
and legal fees|3,000
2,352|1,000
500|
||5,352|1,500|
|Total resources expended|476,604|1,530,550|
|Net income/(expenditure)|554,775|(178,188)|