| Pages | ||
|---|---|---|
| Trustees' AnnualReport | 2to3 | |
| Independent Examiner's |
Report | |
| Statement of Financial |
Activities | |
| Balance Sheet | ||
| Notes tothe Accounts | 7to11 | |
| Detailed Statement of Financial Activities | 12to 13 |
| Unrestdcted | ||||
|---|---|---|---|---|
| funds | Total funds | |||
| 2022 | 2022 | |||
| Notes | E | |||
| Income and | endowments | |||
| from: | ||||
| Donations | and legacies | 81,777- | 81,777 | |
| Other trading activities | 47,112 | 47,112 | ||
| Other | 57 | 57 | ||
| Total | 128,946 | 128,946 | ||
| Expenditure | on: | |||
| Charitable | activities | 36,654 | 36,654 | |
| Other | 23,129 | 23,129 | ||
| Total | 59,783 | 59,783 | ||
| Net gains on | investments | |||
| Net income | 69,163 | 69,163 | ||
| Transfers between funds |
||||
| Net income | before other | |||
| gains/(losses) | 69,163 | 69,163 | ||
| Other gains | and losses | |||
| Net movement in funds |
69,163 | 69,163 | ||
| Reconciliation offunds: |
||||
| Total funds carried forward | 69,163 | 69,163 |
| Charity No. 11972 | 6 | 9 | 2022 | |
|---|---|---|---|---|
| 6 | ||||
| Fixed assets | ||||
| Tangible assets | 9 | 3,815 | ||
| 3,815 | ||||
| Current assets | ||||
| Cash at bank and | in hand | 67,348 | ||
| 67,348 | ||||
| Creditors: Amount | falling due within one year | 10 | (2,001) | |
| Net current assets | 65,347 | |||
| Total assets less current liabilities | 69,163 | |||
| Net assets excluding | pension asset or liability | 69,163 | ||
| Total net assets | 69,163 | |||
| The funds ofthe charity | ||||
| Restricted funds | ||||
| Unrestricted funds |
||||
| General funds | 69,163 | |||
| 69,163 | ||||
| Reserves | ||||
| Total funds | 69,163 |
| Charities Act 2011 | . | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Change in basis of | accounting orto previous accounts | ||||||||
| There has been no | change tothe accounting policies (valuation rules and method ofaccounting) |
since | |||||||
| last year and no changes have been made to accounts for previous years. | |||||||||
| Fund accounting | |||||||||
| Unrestricted funds |
These are available for use at the discretion ofthe trustees in furtherance |
of | the | ||||||
| general objects ofthe charity. | |||||||||
| Designated funds |
These are unrestricted funds earmarked by the trustees |
for particular | purposes. | ||||||
| Revaluation funds |
These are unrestricted funds which include a revaluation |
reserve representing | the | ||||||
| restatement of investment assets at their market values. |
|||||||||
| Restricted funds | These are available for use subject to restrictions imposed |
by the donor | or | through | |||||
| terms ofan appeal. | |||||||||
| Income | |||||||||
| Recognition of | Income is included in the Statement of Financial Activities |
(SoFA) when | the | charity | |||||
| income | becomes entitled to, and virtually certain to receive, the |
income and the amount of | |||||||
| the income can be measured with sufficient reliability. |
|||||||||
| Income with related | Where income has related expenditure the income and |
related expenditure | is | ||||||
| expenditure | reported gross in the SoFA. | ||||||||
| Donations and |
Voluntary income received by way ofgrants, donations |
and gifts is included | in | the | |||||
| legacies | the SoFA when receivable and only when the Charity has | unconditional | entitlement | ||||||
| tothe income. | |||||||||
| Tax reclaims on | Income from tax reclaims is included in the SoFAat the |
same time as the | |||||||
| donations and gifts |
gift/donation to which it relates. |
||||||||
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
||||||||
| and facilities | where the benefit tothe Charity is reasonably quantifiable, |
measurable | and | ||||||
| material. | |||||||||
| Volunteer help |
The value ofany volunteer help received is not included |
in the accounts. | |||||||
| Investment income |
This is included in the accounts when receivable. |
||||||||
| Gains/(losses) on |
This includes any gain or loss resulting from revaluing investments to market |
value | |||||||
| revaluation offixed |
at the end ofthe year. | ||||||||
| assets | |||||||||
| Gains/(losses) on |
This includes any gain or loss on the sale of investments. |
||||||||
| investment assets |
| Expenditure | |||||
|---|---|---|---|---|---|
| Recognition | of | Expenditure is recognised on an accruals |
basis. Expenditure includes |
any VAT which | |
| expenditure | cannot be fully recovered, and is reported |
as part ofthe expenditure | to which it | ||
| relates. | |||||
| Expenditure | on | These comprise the costs associated with | attracting voluntary |
income, fundraising | |
| raising funds | trading costs and investment management |
costs. | |||
| Expenditure | on | These comprise the costs incurred by the |
Charity in the delivery ofits |
activities and | |
| charitable activities |
services in the furtherance of its objects, |
including the making | ofgrants and | ||
| governance costs. |
|||||
| Grants payable | All grant expenditure is accounted for on |
an actual paid basis | plus an | accrual for | |
| grants that have been approved by the trustees at the end of |
the year but not yet | ||||
| pa Id. | |||||
| Governance | costs | These include those costs associated with |
meeting the constitutional | and statutory | |
| requirements ofthe Charity, including any audit/independent |
examination fees, |
||||
| costs linked to the strategic management | ofthe Charity, together with a share of | ||||
| other administration costs. |
|||||
| Other expenditure | These are support costs not allocated to a particular activity. |
| 2 | Income from do | nations an |
d legacies | ||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| 2022 | |||||
| Kenya | 41,907 | 41,907 | |||
| Pakistan Flood |
1,132 | 1,132 | |||
| Eid Fund collection | 6,264 | 6,264 | |||
| General Donations | 32,474 | 32,474 | |||
| 81,777 | 81,777 | ||||
| 3 | Income from other trading | activities | |||
| Unrestricted | Total | ||||
| 2022 | |||||
| Pre-registration brought forward |
balance | 47,112 | 47,112 | ||
| 47,112 | 47,112 | ||||
| 4 | Other income | ||||
| Unrestncted | Total | ||||
| 2022 | |||||
| Youth Project | 57 | 57 | |||
| 57 | 57 | ||||
| 5 | Expenditure on |
charitable | activities | ||
| Unrestricted | Total | ||||
| 2022 | |||||
| Expenditure on charitable |
|||||
| activities | |||||
| Hadiya to speakers | 5,000 | 5,000 | |||
| Kenya - pastoral education |
and | 31,654 | 31,654 | ||
| Governonce costs | |||||
| 36,654 | 36,654 |
| 6 | Other expenditure | |||||
|---|---|---|---|---|---|---|
| Unrestdcted | Total | |||||
| 2022 | ||||||
| 6 | ||||||
| Employee costs | 13,175 | 13,175 | ||||
| Motor and travel costs | 2,887 | 2,887 | ||||
| Premises costs | 1,523 | 1,523 | ||||
| Amortisation, depreciation, |
||||||
| impairment, profit/loss |
on | 954 | 954 | |||
| disposal offixed assets | ||||||
| General administrative | costs | 3,234 | 3,234 | |||
| Legal and professional | costs | 1,356 | 1,356 | |||
| 23,129 | 23,129 | |||||
| 7 | Net income before transfers | |||||
| 2022 | ||||||
| This is stated after charging: | f | |||||
| Depreciation ofowned | fixed assets | 954 | ||||
| 8 | Staff costs | |||||
| 2022 | ||||||
| Salaries and wages | 11,176 | |||||
| 11,176 | ||||||
| No employee received |
emoluments | in excess off60,000. | ||||
| 9 | Tangible Axed assets | |||||
| Cost or revaluation | ||||||
| Additions | 4,769 | 4,769 | ||||
| At 31December 2022 | 4,769 | 4,769 | ||||
| Depreciation and |
||||||
| impairment | ||||||
| Depreciation charge for the |
954 | 954 | ||||
| year | ||||||
| At 31December 2022 | 954 | |||||
| Net book values | ||||||
| At 31December 2022 | 3,815 | 3,815 | ||||
| 10 | Creditors: | |||||
| amounts falling due within one year |
||||||
| 2022 | ||||||
| f | ||||||
| Other taxes and social security | 1 | |||||
| Other creditors | 800 | |||||
| Accruals | 1,200 | |||||
| 2,001 |
| Incoming | |||||||
|---|---|---|---|---|---|---|---|
| resources | At 31 | ||||||
| Resources | |||||||
| (including other |
expended | December 2022 |
|||||
| gains/losses) | |||||||
| f | |||||||
| Restricted funds: | |||||||
| Unrestdcted | funds: | ||||||
| General funds | 128,946 | (59,783) | 69,163 | ||||
| Total funds | 128,946 | (59,783) | 69,163 | ||||
| 12 | Analysis ofnet assets between | funds | |||||
| Unrestricted | Restricted | ||||||
| Total | |||||||
| funds | funds | ||||||
| 8 | 6 | ||||||
| Fixed assets | 3,815 | 3,815 | |||||
| Net current assets | 55,095 | 10,252 | 65,347 | ||||
| 58,910 | 10,252 | 69,162 | |||||
| 13 | Reconciliation | ofnet debt | |||||
| At 31 | |||||||
| December | |||||||
| Cash flows | 2022 | ||||||
| f | 8 | ||||||
| Cash and cash | equivalents | 67,348 | 67,348 | ||||
| 67,348 | 67,348 | ||||||
| Net debt | 67,348 | 67,348 |
| forthe period en | ded | 3 | 1D | ecember 2022 | ||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | |||||
| 2022 | 2022 | |||||
| 6 | 6 | |||||
| Income and endowments | from: | |||||
| Donations and legacies |
||||||
| Kenya | 41,907 | 41,907 | ||||
| Pakistan Flood |
1,132 | 1132 | ||||
| Eid Fund collection | 6,264 | 6,264 | ||||
| GeneralDonations | 32,474 | 32,474 | ||||
| 81,777 | 81,777 | |||||
| Other trading activities | ||||||
| Pre-registration forward |
balance brought | 47,112 | 47,112 | |||
| 47,112 | 47,112 | |||||
| Other | ||||||
| Youth Project | 57 | 57 | ||||
| 57 | 57 | |||||
| Total income and | endowments | 128,946 | 128,946 | |||
| Expenditure on: |
||||||
| Charitable activities |
||||||
| Hadiya to speakers | 5,000 | 5,000 | ||||
| Kenya - pastoral | and | education | 31,654 | 31,654 | ||
| 36,654 | 36,654 | |||||
| Total ofexpenditure activities |
on charitable | 36,654 | 36,654 | |||
| Employee costs | ||||||
| Salaries/wages | 11,176 | 11,176 | ||||
| Staff welfare | 1,999 | 1,999 | ||||
| 13,175 | 13,175 | |||||
| Motor and travel | costs | |||||
| Travel and subsistence | 2,887 | 2,887 | ||||
| 2,887 | 2,887 | |||||
| Premises costs | ||||||
| Premises insurances | 437 | 437 | ||||
| Premises repairs maintenance |
and | 1,086 | 1,086 | |||
| 1,523 | 1,523 | |||||
| General administrative | costs, | |||||
| including depreciation |
and | |||||
| amortisation | ||||||
| Depreciation of |
954 | 954 | ||||
| Bank charges | 415 | 415 |
| MAHMUD SABIR MASIID Detailed Statement ofFinancial Activities |
||
|---|---|---|
| Equipment leasing and hire charges |
2,574 | 2,574 |
| Software, ITsupport and related |
18 | 18 |
| costs | ||
| Stationery and printing | 107 | 107 |
| Sundry expenses | 96 | 96 |
| Telephone, fax and broadband |
24 | 24 |
| 4,188 | 4,188 | |
| Legal and professional costs |
||
| Accountancy and bookkeeping |
1,200 | 1,200 |
| Other legal and professional | 156 | 156 |
| costs | ||
| 1,356 | 1,356 | |
| Total ofexpenditure ofother costs |
23,129 | 23,129 |
| Total expenditure | 59,783 | 59,783 |
| Net gains on investments | ||
| Net income | 69,163 | 69,163 |
| Net income before other gains/(losses) |
69,163 | 69,163 |
| Other Gains | ||
| Net movement in funds |
69,163 | 69,163 |
| Reconciliation offunds: |
||
| Total funds brought forward |
||
| Total funds carried forward | 69,163 | 69,163 |