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||||Page|
|---|---|---|---|
|Trustees'
annual
report||||
|Independent
examiner's
report|to the trustees|||
|Statement
of financial
activities||||
|Statement
of financial
position||||
|Statement
of cash flows||||
|Notes to the financial statements||||
|The following
pages do not form part of||the financial statements||
|Detailed statement
of financial|activities||13|
|Notes to the detailed statement|of financial|activities|14|
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|Reference and administrative|Reference and administrative|Reference and administrative|details||
|---|---|---|---|---|
|Registered|charity|name|LOC FOUNDATION||
|Charity registration||number|I I91798||
|Principal offic|||18Chestnut|Walk|
||||Wafford||
||||WD24 6NS||
||||England||
|The trustees|||||
||||Mr SAhmed||
||||Mr FAli||
||||Mr N Ahmed||
|Independent|examiner||KBM UK LTD||
||||1 Concord Business Centre||
||||Concord Road||
||||London||
||||UK||
||||W3 OTJ||
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||||||Period from|14Oct 20to|31 Dec 21|
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted||
||||||funds|funds|Total funds|
|||||Note|2||2|
|Income and|endowments|||||||
|Donations
and legacies|||||8,342|21,450|29,792|
|Total Income|||||8,342|21,450|29,792|
|Expenditure||||||||
|Expenditure|on raising funds:|||||||
|Costs|of other trading|activities||5|2,082||2,082|
|Expenditure|on charitable|activities||6,7|3,363|12,740|16,103|
|Total expenditure|||||5,445|12,740|18,185|
|Net Income|and net movement||In funds||2,897|8,710|11,607|
|Reconciliation
of funds||||||||
|Total funds|brought
forward|||||||
|Total funds|carrfed forward||||2,897|8,710|11,607|
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||Statement of Flnanolal
Posit
21 December 2021|ion||
|---|---|---|---|
||||31 Ceo 21|
|||Note|2|
|Current assets||||
|Cash at benk and In|hand||13,207|
|Creditors: amounts|faglng due wlthln one year|11|1,600|
|Net current assets|||11,607|
|Total assets less current gsblgtles|||11,807|
|Net assets|||11,607|
|Funds ofths charity
Restricted funds|||8,710|
|Unrestricted
funds|||2,S97|
|Total charity funds||12|11607|
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||Period|from
14Octo|ber 2020 to 31 Decem|ber 2021|
|---|---|---|---|---|
|||||31 Dec 21|
|Cash flows from operating||activities|||
|Net income||||11,607|
|Adjustments
for:|||||
|Interest payable|and similar|charges||53|
|Accrued expenses||||600|
|Changesin:|||||
|Trade and other|creditors|||1,000|
|Cash generated|from operations|||13,260|
|Interest
paid||||l53)|
|Net cash from operating
activities||||13,207|
|Net increase
In|cash and cash equivalents|||13,207|
|Cash and cash|equivalents|at beginning|of period||
|Cash and cash|equivalents|at end of period||13,207|
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|4.|Donations
and legaci|es|||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2021|
|||||||2|
||Donations||||||
||Donations|||8,342|21,450|29,792|
|5.|Costs of other trading|activities|||||
||||||Unrestricted|Total Funds|
||||||Funds|2021|
|||||||8|
||Costs of other trading|activities|- Advertising|and publicity|2,082|2,082|
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|6.|Expenditure|on charitable|on charitable|activities|activities|by fund type|by fund type||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Unrestricted|Restricted|Total Funds|
|||||||||Funds|Funds|2021|
|||||||||||2|
||Charitable
Activities|||||||2,709|12,740|15,450|
||Support costs|||||||654||653|
|||||||||3,363|12,740|16,103|
|7.|Expenditure|on charitable||activities||by activity type|||||
|||||||||Activities|||
|||||||||undertaken||Total funds|
|||||||||directly|Support costs|2021|
||Charitable
Activities|||||||15,450||15,450|
||Governance|costs|||||||653|653|
|||||||||15,450|653|16,103|
|8.|Independent||examination|fees|||||||
|||||||||||Period from|
|||||||||||14Oct 20to|
|||||||||||31 Dec 21|
|||||||||||2|
||Fees payable||to the independent||examiner||for:||||
||Independent|examination||of the|financial statements|||||300|
||Other financial||services|||||||300|
|||||||||||600|
|9.|Staff costs||||||||||
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|||31 Dec 21|
|---|---|---|
|||2|
|Trade creditors||1,000|
|Accruals and deferred|income|600|
|||1,600|
||Unrestrict|ed
funds||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||At||||||At|
|||||14October|20||||31|December||
||||||20|Income||Expenditure|||2021|
|||||F|||||||2|
||General funds|||||8,342||(5,445)||2,897||
||Restricted funds|||||||||||
||||||At||||||At|
|||||I4 October|20||||31|December||
||||||20|Income||Expenditure|||2021|
|||||2|||6|||||
||Restricted|Fund||||21,450||(12,740)||8,710||
|13.|Analysis|of net assets between||funds||||||||
|||||||Unrestricted||Restricted|Total Funds|||
|||||||Funds||Funds|||2021|
|||||||||2|||2|
||Tangible|fixed assets|||||2,897|8,710||11,607||
|14.|Analysis|of changes|in net debt|||||||||
|||||||At||||At||
|||||||14Oct|2020|Cash flows|31 Dec||2021|
|||||||||2|||2|
||Cash at bank and in||hand|||||13,207||13,207||
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||||||||Period from|
|---|---|---|---|---|---|---|---|
||||||||14Oct 20to|
||||||||31 Dec 21|
||||||||2|
|Income and endowments||||||||
|Donations
and|legacies|||||||
|Donations|||||||29,792|
|Total income|||||||29,792|
|Expenditure||||||||
|Costs of other|trading|activities||||||
|Advertising
and|publicity|- Events,||Marketing|8 Fundraising|Costs|2,082|
|Expenditure
on charitable|||activities|||||
|Direct charitable|activity|- General|||||2,709|
|Legal and professional||fees|||||600|
|Bank charges|||||||53|
|Direct charitable|activity|- Water|||||4,957|
|Direct charitable|activity|—Food|||||3,305|
|Direct charitable|activity|- Education|||||2,479|
|Direct charitable|activity|- Eid &Qurbani|||||2,000|
||||||||16,103|
|Total expenditure|||||||18,'I 85|
|Net income|||||||11,607|
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|Peri|od from|14Octo|be|r 2020to|31 December|2021|
|---|---|---|---|---|---|---|
|||||||Period from|
|||||||14Oct 20 to|
|||||||31 Dec 21|
|||||||2|
|Costs of other trading|activities||||||
|Costs of other trading|activities|- Advertising||and publicity|||
|Advertising
and publicity|- Events,|Marketing|8|Fundralsing|Costs|2,082|
|Costs of other trading|activities|||||2,082|
|Expenditure
on charitable
activities|||||||
|Charitable
Activities|||||||
|Activftles undertaken|directly||||||
|Direct charitable
activity|- General|||||2,709|
|Direct charitable
activity|- Water|||||4,957|
|Direct charitable
activity|- Food|||||3,305|
|Direct charitable
activity|- Education|||||2,479|
|Direct charitable
activity|- Eid &Qurbani|||||2,000|
|||||||15,450|
|Governance
costs|||||||
|Governance
costs - accountancy||fees||||600|
|Governance
costs - bank charges||||||53|
|||||||653|
|Expenditure
on charitable
activities||||||16,103|