| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Statement ofFinancial | Position | |||
| Notes to the Financial Statements | 7 | to | 13 | |
| Detailed Statement ofFinancial Activities | 14 |
| FOR THE YE | AR ENDED 31DE | CEMBER 2020 | |||
|---|---|---|---|---|---|
| 31.12.20 | 31.12.19 | ||||
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | |||||
| INCOME | FROM | ||||
| Donations | 1,000 | ||||
| Investment | income | 151,916 | 141,419 | ||
| Total | 152,916 | 141,419 | |||
| EXPENDITURE ON | |||||
| Charitable | activities | ||||
| Charitable | Activities | ||||
| 88,651 | 70,544 | ||||
| NET INCOME | 64,265 | 70,875 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 2,019,546 | 1,948,671 | ||
| TOTAL FUNDS CARRIED FORWARD | 2,083,811 | 2,019,546 |
| 31.12.20 | 31.12.19 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | |||
| FIXEDASSETS | |||
| Investment property |
1,927,270 | 1,927,270 | |
| CURRENT ASSETS | |||
| Debtors | 1,830 | 1,058 | |
| Cash at bank | 246,852 | 123,057 | |
| 248,682 | 124,115 | ||
| CREDITORS | |||
| Amounts falling due within one year |
10 | (92,141) | (31,839) |
| NET CURRENT ASSETS | 156,541 | 92,276 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 2,083,811 | 2,019,546 | |
| NET ASSETS | 2,083,811 | 2,019,546 | |
| FUNDS | |||
| Unrestricted funds |
2,083,811 | 2,019,546 | |
| TOTAL FUNDS | 2,083,811 | 2,019,546 |
| 31.12.20 | 31.12.19 | |||
|---|---|---|---|---|
| Rents | Receivable | 150,974 | 139,246 | |
| Bank | Investment | Income | 942 | 2,173 |
| 151,916 | 141,419 |
| Grant | ||||||||
|---|---|---|---|---|---|---|---|---|
| funding of | ||||||||
| activities | ||||||||
| Direct | (see note | Support | ||||||
| Costs | 4) | costs | Totals | |||||
| Charitable Activities |
||||||||
| 9,091 | 77,914 | 1,646 | 88,651 | |||||
| 4. | GRANTS PAYABLE | |||||||
| 31.12.20 | 31.12.19 | |||||||
| Charitable Activities |
||||||||
| 77,914 | 62,959 | |||||||
| The total grants | paid to institutions | during the year was as | ||||||
| follows: | ||||||||
| 31.12.20 | 31.12.19 | |||||||
| Markfield Institute |
ofHigher Education | 35,000 | 30,000 | |||||
| Kube Publication | Limited, UK | 5,000 | 6,459 | |||||
| Mesco Bombay | (5,000) | |||||||
| Bilal Qaddoura | -Medical Care | 2,500 | ||||||
| Human Aid Siraj Ganj Bangladesh | 10,000 | 7,000 | ||||||
| IFNew Muslim | Project | 10,000 | 7,000 | |||||
| Invitation to Islam |
10,000 | |||||||
| Hilful Fuzul Trust | 5,000 | |||||||
| MA BOSNIA | 14,800 | |||||||
| LSE - Student Grant - Nazmus | Saqib | 2,114 | ||||||
| Ashraf Fahim - | Student Grant | 1,000 | ||||||
| 77,914 | 62,959 |
| 8. | INVESTMENT PROPERTY | |||
|---|---|---|---|---|
| FAIR VALUE | ||||
| At 1 January 2020 | ||||
| and 31December 2020 | 1,927,270 | |||
| NET BOOKVALUE | ||||
| At 31December 2020 | 1,927,270 | |||
| At 31December 2019 | 1,927,270 | |||
| 9. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.12.20 | 31.12.19 | |||
| Prepayments and accrued income |
1,830 | 1,058 | ||
| 10. | CREDITORS: AMOUNTS FALLING DUK WITHIN ONE YEAR | |||
| 31.12.20 | 31.12.19 | |||
| Taxation and social security | 14,399 | 2,219 | ||
| Other creditors | 77,742 | 29,620 | ||
| 92,141 | 31,839 | |||
| 11. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1/1/20 | in funds | 31/12/20 | ||
| E | ||||
| Unrestricted funds |
||||
| General fund | 2,019,546 | 64,265 | 2,083,811 | |
| TOTAL FUNDS | 2,019,546 | 64,265 | 2,083,811 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund | 152,916 | (88,651) | 649265 | ||
| TOTAL FUNDS | 152,916 | (88,651) | 64,265 | ||
| Comparatives | for movement | in funds | |||
| Net | |||||
| movement | At | ||||
| At 1/1/19 | in funds | 31/12/19 | |||
| Unrestricted | funds | ||||
| General fund | 1,948,671 | 70,875 | 2,019,546 | ||
| TOTAL FUNDS | 1,948,671 | 70,875 | 2,019,546 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 141,419 | (70,544) | 70,875 | |
| TOTAL FUNDS | 141,419 | (70,544) | 70,875 |
| 31.12.20 | 31.12.19 |
|---|---|
| 1,000 | 1,000 |
| 1,000 | 1,000 |
| FOR THK YEAR ENDED | 31DECEMBER 2020 | |||
|---|---|---|---|---|
| 31.12.20 | 31.12.19 | |||
| INCOME | ||||
| Donations | ||||
| Donations | 1,000 | |||
| Investment income |
||||
| Rents Receivable | 150,974 | 139,246 | ||
| Bank Investment | Income | 942 | 2,173 | |
| 151,916 | 141,419 | |||
| Total incoming | resources | 152,916 | 141,419 | |
| EXPENDITURE | ||||
| Charitable activities |
||||
| Premises Costs | 1,431 | |||
| Agent Commission | 9,091 | 4,515 | ||
| Grants to institutions | 77,914 | 62,959 | ||
| 87,005 | 68,905 | |||
| Support costs | ||||
| Finance | ||||
| Insurance | 541 | |||
| Sundries | 161 | |||
| Bank charges | 24 | 27 | ||
| 726 | 27 | |||
| Governance | costs | |||
| Independent Examiner Fees |
800 | 1,000 | ||
| Accountancy | and legal fees | 120 | 612 | |
| 920 | 1,612 | |||
| Total resources | expended | 88,651 | 70,544 | |
| Net income | 64,265 | 70,875 |