## **EAST RIDING COMMUNITY FOUNDATION TRUST FINANCIAL STATEMENTS FOR 30 April 2022** **Charity Number 1187156** ## **EAST RIDING COMMUNITY FOUNDATION TRUST** **FINANCIAL STATEMENTS YEAR ENDED 30 April 2022** |**CONTENTS PAGE**|| |---|---| |Members of the Board and professional advisers|3| |Trustees Annual Report|4-5| |Statement of financial activities|7| |Balance sheet|8| |Notes to the financial statements|9-12| **The following pages do not form part of the financial statements** ## **EAST RIDING COMMUNITY FOUNDATION TRUST** ## **MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS** **Registered charity name** EAST RIDING COMMUNITY FOUNDATION TRUST **Charity number** 1187156 **Operation address** 66 Myrtle Way BROUGH HU15 1SR **Trustees** Mr Waqar Khan Dr Saad Kalim Mr Ismail El-sharkawy Dr Muhammad Jawaid Akbar Dr Afil Ahmed Jamali Mr Ibrar Ali Khan **Management committee members** Mr Waqar Khan **Bankers** HSBC 3-4 Jameson Street Hull HU1 3JX ## **EAST RIDING COMMUNITY FOUNDATION TRUST** ## **TRUSTEES ANNUAL REPORT** ## **YEAR ENDED 30 April 2022** The trustees have pleasure in presenting their report and the financial statements of the charity for the year ended 30 April 2022 ## **REFERENCE AND ADMINISTRATIVE DETAILS** Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 1 of the financial statements. ## **THE TRUSTEES** The trustees who served the charity during the period were as follows: Mr Waqar Khan Dr Saad Kalim Mr Ismail El-sharkawy Dr Muhammad Jawaid Akbar Mr Afil Ahmed Jamali Mr Ibrar Ali Khan ## **Language class teaching** Language classes for the young continued throughout the year with covid SOPS. ## **OTHER ACTIVITIES** Relief of poverty Provision of food bank and funeral services Provision of facilitating community development in the Borough of Elloughton (East Rising of Yorkshire) To advance the education, particularly by the provision of language classes and supplementary school for the community To advance community’s cohesion and interfaith harmony. ## **RESULTS** The results for the year are shown on page 6. The progress during the year and the position at the year end is considered to be satisfactory. ## **RISK REVIEW** The Trustees have conducted their own review of the major risks to which the Charity is exposed and steps have been initiated to minimise the identified risks. All functions of the Charity are subjected to periodic review resulting in a process of ongoing improvement. ## **RESPOSIBILITIES OF THE TRUSTEES** The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: ## **EAST RIDING COMMUNITY FOUNDATION TRUST** ## **TRUSTEES ANNUAL REPORT** _**(continued)**_ ## **YEAR ENDED 30 April 2022** ## **RESPOSIBILITIES OF THE TRUSTEES** _**(continued)**_ - Select suitable accounting policies and then apply them consistently; - Observe the methods and principles in the Charities SORP; - Make judgements and estimates that are reasonable and prudent; - State whether applicable accounting standards have been followed, subject to any material - Departures disclosed and explained in the financial statements; - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the trustees ........................................................ Mr Waqar Khan Trustee 20[Th] January 2023 ## **East Riding Community Foundation Trust MANAGEMENT INFORMATION For The Year Ending 30 April 2022** **The following pages do not form part of the statutory financial statements** ## **East Riding Community Foundation Trust STATEMENTS OF FINANCIAL ACTIVITIES For The Year Ending 30 April 2022** |Note
**INCOMING RESOURCES**
Incoming resources from generating funds:
Voluntary income
2
**TOTAL INCOME RESOURCES**
**RESOURCES EXPENDED**
Cost of generating funds:
Cost of generating voluntary income
3
Depreciation
**TOTAL RESOURCES EXPENDED**
**NET INCOMING RESOURCES FOR THE YEAR**
4
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**funds 2022**
40,534.32|**Total Funds**
**2022**
40,534.32
40,534.32
21,467.19
811.83
22,279.02
18,255.30
-
18,255.30|**Unrestricted**
**funds 2021**
229,868.70|**Total Funds**
**2021**
229,868.70| |---|---|---|---|---| ||40,534.32||229,868.70|229,868.70| ||21,467.19
811.83||5,212.32|5,212.32| ||22,279.02||5,212.32|5,212.32| ||18,255.30
-||224,656.38
-|224,656.38
-| ||18,255.30||224,656.38|224,656.38| The Statements of Financial Activities include all gain and losses in the year and therefore a statement of total recognised gains and losses has not been prepared All of the above amount relates to continuing activities ## **East Riding Community Foundation Trust Balance Sheet For The Year Ending 30 April 2022** |**Note**
**FIXED ASSETS**
Land & Building
13
Computer Equipment
13
Fixture & Fittings
13
**CURRENT ASSETS**
Stock
Debtors
Cash at bank and in hand
7
**Total Current Assets**
**Total Assets**
**CREDITORS: Amounts falling due within one year**
8
**NET CURRENT Liabilities**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS: Amounts falling due After one year**
**NET ASSETS**
**FUNDS**
Reserve
Profit BF
Unrestricted income funds
**TOTAL FUNDS**|**£**
**2022**|**£**
**2021**| |---|---|---| ||531,585.80
272.24
2,884.34
-
-
59,569.30
**594,311.68**
**594,311.68**
1,400.00|-
-
-
225,356.38
**225,356.38**
**225,356.38**
700.00| ||**1,400.00**|**700.00**| ||**592,911.68**
350,000.00|**224,656.38**
**-**| ||**242,911.68**|**224,656.38**| ||224,656.38
18,255.30|224,656.38| ||**242,911.68**|**224,656.38**| ||-|-| These financial statements were approved by the members of the committee on the …...................and were signed on their behalf by: ## **East Riding Community Foundation Trust NOTES TO THE FINANCIAL STATEMENT For The Year Ending 30 April 2022** ## **BASIS OF ACCOUNTING** The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, the Statement of Recommended Practice "Accounting and Reporting by Charities" issued in March 2005 (SORP 2005) and the Charities Act 1993. ## **FIXED ASSETS** All fixed assets are initially recorded at cost. ## **DEPRECIATION** Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset. ## **STOCKS** Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. ## **2 Voluntary Income** |**INCOMING RESOURCES VOLUNTARY INCOME**
Donations- Construction fund
Donations collected for others, and functions
Collection for purchase of property
General donation
Madrassa collection
**TOTAL INCOMING RESOURCES**
**OF GENERATING VOLUNTARY INCOME**
Salaries
Professional Fees
Insurance
Computer Expense
Bank Charges
Postage and Stationary
Repair & Maintance
Utilities
Misc Expense
Accountinh Fee
Rent / Council
**Cost of generating income**|**2022**|**2021**| |---|---|---| ||40534.32
**40,534.32**
**Restricted funds**
**Total Funds 2021**|229,868.70
**229,868.70**| |||**Restricted funds**
**Total Funds 2021**| ||3,210.00
622.09
260.00
40.00
530.48
10,199.76
177.84
5,583.02
700.00
144.00
**21,467.19**|1,797.50
1,050.00
490.82
700.00
1,174.00
**5,212.32**| ## **3 COST OF GENERATING VOLUNTARY INCOME** ## **4 NET INCOMING RESOURCES FOR THE YEAR** |This is stated after charging:
Depreciation
Auditors' remineration:
> audit of the financial statement|**2022**
19,067.13
811.83|**2021**| |---|---|---| |||224,656.38| ## **East Riding Community Foundation Trust NOTES TO THE FINANCIAL STATEMENT For The Year Ending 30 April 2022** ## **5 STOCK** ## **6 DEBTORS** Stock Sundry Debtors- Rent Other debtorsGift Aid Tax Rebate Prepayments and accrued |**2022**|**2021**| |---|---| |**2022**|**2021**| |**7 CASH AT BANK AND IN HAND**
Islamic Bank Of Britain
Barclays current account
Cash In Hand
**8 CREDITORS: Amount falling due within one year**
Bank Loans and Overdraft
Outstanding Zakat and Fitra Distribution
Other Creditors
Accruals|**2022**
**2021**| |---|---| ||59,569.30
225,356.38| ||**59,569.30**
**225,356.38**| ||**2022**
**2021**| ||1,400.00
700.00| ||1,400.00
700.00| ## **East Riding Community Foundation Trust NOTES TO THE FINANCIAL STATEMENT For The Year Ending 30 April 2022** **9 CREDITORS: Amount falling due after more than one year** **2022 2021** ## Bank loan and overdrafts **10 RESTRICTED INCOME FUNDS** Restricted Funds |**Balance at 1**
**May 2021**|**Incoming**
**resources**|**Incoming**
**resources**|**Balance at 30**| |---|---|---|---| ||||**April 2022**| ## **11 UNRESTRICTED INCOME FUNDS** |General Funds|**Balance at 1**
**May 2021**
18,255.30|**Incoming**
**resources**
40,534.32|**Incoming**
**resources**|**Balance at 30**
**April 2022**
58,789.62| |---|---|---|---|---| ||**18,255.30**|**40,534.32**|**-**|**58,789.62**| ## **12 RELATED PARTY TRANSACTIONS** During the year the Charity was under the control of Trustees and Management Committee members as listed on page 1. None of the trustee or management committee member were remunerated or paid any expenses. However, they used the facilities offered by the Charity for performance of their religious duties like other memebers of the Muslims community ## **East Riding Community Foundation Trust NOTES TO THE FINANCIAL STATEMENT For The Year Ending 30 April 2022** ## **13 TANGIBLE FIXED ASSETS** **Freehold Computer Fixtures & property equipment Fittings COST** - - At 1 May 2021 Additions 531,585.80 362.98 3,605.43 At 30 APR 2022 531,585.80 362.98 3,605.43 ## **DEPRECIATION** At 1 May 2021 Charge for the year 90.75 721.09 At 30 APR 2022 - 90.75 721.09 **NET BOOK VALUE** - - At 1 May 2021 At 30 APR 2022 531,585.80 272.24 2,884.34 ## **BISMILLAH CULTURAL CENTRE (AFGHAN COMMUNITY) DETAIL STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2021** |||**2022**|**2021**| |---|---|---|---| |**INCOMING RESOURCES VOLUNTARY**|||| |**INCOME**|||| |Donations- Construction fund|||| |Donations collected for others, and functions|||| |Collection for purchase of property|||| |General donation||229,868.70|229,868.70| |Madrassa collection|||| |**INCOMING RESOURCES FROM CHARITABLE ACTIVITIES**|||| |Tax recovered under Gift Aid|||| |**TOTAL INCOMING RESOURCES**||**229,868.70**|**229,868.70**| |**RESOURCES EXPENDED COSTS OF GENERATING VOLUNTARY INCOME**|||| |Donations and other collections|||| |Funeral expenses and Van expenses|||| ||||| |**FUNDRAISING TRADING: COST OF GOODS SOLD AND OTHER COSTS**|||| |Cost of sales- Opening stock|||| |Cost of sales- Purchases|||| |Cost of sales- Closing stock|||| |Staff costs- Wages & Salaries|||| ||||| |**INVESTMENT MANAGEMENT COST**|||| |Expenses||||