## **KASHMIR SHELTER**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021**
**CHARITY NUMBER 1190639**
**Solutions Accountants & Financial Services Ltd 149 Radford Road, Nottingham NG7 5GT, Tel/Fax 0115 8224993 www.solutionsaccountants.co.uk, e-mail info@solutionsaccountants.co.uk**
## **KASHMIR SHELTER**
## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021**
|**CONTENTS**|PAGE|
|---|---|
|GENERAL INFORMATION|1|
|REPORT OF TRUSTEES|2|
|REPORTING ACCOUNTANTS' REPORT|3|
|INCOME & EXPENDITURE ACCOUNT|4|
|BALANCE SHEET|5|
|NOTES FORMING PARTS OF FINANCIAL STATEMENTS|6|
## **KASHMIR SHELTER**
## **FOR THE YEAR ENDED 31ST MARCH 2021**
## **STATUS**
The organisation is a registered charity.
## **Trustees**
Mr. Mohammad Ayub Khan Mr. Ishfaq Hussain Mr. Habib Ali Mr. Jamil Akhter Miss. Nusrat Parveen Khan Mr. Javed Iqbal Mr. Mukhtar Hussain
## **Charity registration Number**
1190639
## **Registered Office**
1 OSTERLEY GROVE NUTHALL NOTTINGHAM NG16 1QN
## **Accountants**
Solutions Accountants & Financial Services Ltd 149 Radford Road Nottingham. NG7 5EH
-1
Charity no 1190639
## **KASHMIR SHELTER**
## **FOR THE YEAR ENDED 31ST MARCH 2021**
## **Report of Trustees**
The Law applicable to charities in England & Wales requires the trustees to prepare the Financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year.
In preparing financial statements giving a true and fair view, the trustees should follow best practice and: Select suitable accounting policies and then apply them consistently;
make judgments and estimates that are reasonable and prudent;
State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
This report was approved by the board on. 10th March 2022
## Ayub Khan
----------------------------------------------------------------
## **Mr. Mohammad Ayub Khan**
Chairman
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## **KASHMIR SHELTER**
## **FOR THE YEAR ENDED 31ST MARCH 2021**
## **ACCOUNTANT'S CERTIFICATE**
We have prepared the financial statements of Kashmir Shelter for the period ended 31st March 2021 which comprise the Income & Expenditure Account, Balance sheet and the related notes.
## **Respective responsibilities of trustees and reporting Accountant.**
The Trustees are responsible for the bookkeeping, preparation of the accounts. Trustees believe that the charity is exempt from an audit for this year under section 144 of the charities Act 2011 (Charities Act) and an independent examinations is not needed.
It is our responsibility to carry out procedures to enables us to report our opinion.
## **Basis of Opinion**
Our work was conducted in accordance with the statement of standards of reporting accountants, and general directions given by the Chatiry commission, so our procedures consisted of comparing the accounts with the accounting records and accounts presented with those records.
It also includes consideration of any unusual items or disclosers in the accounts, and seeking explanations from the trustees concerning any matters as we considered necessary for the purpose of the reporting. These procedures provided only the assurance expressed in our opinion.
## **Opinion**
During our examinations of the records no matter has come to our attention which gives us reasonable cause to believe that in, any material respect the requirements:
1. To keep accounting records according to the section 130 of the charities Act;
2. To prepare accounts which adheres with the accounting requirements of the Charities Act have not been met.
## Qazi Arshad
----------------------------------------------------------------
10th March 2022
Qazi Naveed Arshad Director
## For & On behalf of
Solutions Accountants & Financial Services Ltd 149 Radford Road Nottingham NG7 5EH
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## **KASHMIR SHELTER**
## **BALANCE SHEET FOR THE YEAR ENDED 31ST MARCH 2021**
|**Note**
**Fixed Assets**
Tangible Assets
5
Investments
**Current Assets**
Prepayments
Cash at bank and in hand
**Total Assets**
**Creditors: Amounts Falling due**
**within one year**
**Net Assets**
**Total Assets less current liabilities**
**CAPITAL RESERVE**
**Accumulated Surplus/Deficit**
6|**Note**|-
-|**2021**|
|---|---|---|---|
||||**5,207**|
|||-
-
5,457||
|||5,457||
|||||
|||250||
|||||
|||||
||||**5,207**|
||||5,207|
||||**5,207**|
## **EXEMPTION STATEMENT**
The Trustees are responsible for the bookkeeping, preparation of the accounts. Trustees believe that the charity is exempt from an audit for this year under section 144 of the charities Act 2011 (Charities Act) and an independent examinations is not required.
Financial Statements were approve by the trustees and signed on their behalf by:
------------------------------------------------------------- 10th March 2022
**MR. Mohammad Ayub Khan** Chairman
The notes on page 6 form part of this financial statement.
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## **KASHMIR SHELTER INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2021**
|**Note**
**Income resources**
**Income from generated funds:**
Sponsorships
Donations
Membership/Subscriptions
Tickets Sales
**Total Incoming Resources**
**Resources expended**
Costs on Activities
4
Administration cost
2
Governance costs
3
**Total resources expended**
**Excess of Income over Expenditure**
Fund Balance Brought forword at 1 April 2021
**Net Movement in funds before Transfers**
Gross Transfers between funds
**Net Movement in funds for the year**
Accumulated Deficit Account B/F
**Total funds carried forward**|Unrestricted
Restricted
**Total**
funds
Funds
**Funds**
2021
2021
**2021**
£
£
£
-
**0**
5,707
**5,707**
-
-
**0**
-
**0**|
|---|---|
||**5,707**
**-**
**5,707**|
||-
**0**
-
-
**0**
500
-
**500**|
||**500**
**-**
**500**|
|||
||**5,207**
**-**
**5,207**|
||-
-
**0**|
||-
-
**-**
-
-
5,207|
||-
-
**-**
-
-
-|
||**-**
-
**5,207**|
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## **KASHMIR SHELTER**
## **FOR THE YEAR ENDED 31ST MARCH 2021 RELATED NOTES**
## 1 **ACCOUNTING POLICIES**
The financial statements have been prepared under historical cost convention and in accordance with the financial reporting standards for smaller entities(effective March 2000) and the companies act 2006 and follow the recommendation on Accounting by Charities: Statement of recommended practice issued in 2000.
## Turnover
Turnover comprises of Grants/donations and membership fee
## Restricted Funds
Restricted funds are donations and other incoming resources receivable or generated for the objects of the charity with further specified purpose and are available as specified funds.
## 2 **Administration cost**
Insurance -
Printing, Photo copy, Stationery
|**3**
**Governance Cost**
Accountancy
Solicitor
Depreciation (From 5)
**4**
**Cost of Activities**
Catering/Food
Tickets Purchase
Venue Hire
Video Edting
Napkins
Flowers/Cards
**5**
**Fixed Assets**
Opening Balance
Disposal
Revaluation
WDA (Depreciation)
Ending Balance|-|
|---|---|
||250.00
250.00
-|
||500.00|
||0
0
0
0
0
-|
||-|
||Furniture/
Fittings
-
-
-|
||-
-|
||-|
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## **FOR THE YEAR ENDED 31ST MARCH 2021 RELATED NOTES**
## 6 **Accumulated surplus account**
|6 **Accumulated surplus account**||
|---|---|
|General Reserve
Excess of Income over Expenditure
Balance
**7**
**Creditors**
Accountancy fee
Insurance
Other Creditors|-
5,207|
||5,207|
||250.00
-
-|
||250.00|
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