| 2022 | 2022 | 2022 | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|---|
| Fixed | ||||||||
| Islamic Education and CulturalSociety | u | *i e u | a *i i u | Assets | Total | Total | ||
| Statement ofFinancialActivities | Funds | Funds | Funds | Funds | Funds | |||
| Forthe year ended 31March | 2022 | E | E | E | E | 8 | ||
| Income | ||||||||
| Donations and collections |
346,453 | 56,202 | 402,655 | 352 594 | ||||
| Madrassa fee | 35,465 | 35,465 | 18,815 | |||||
| Grants | 16,290 | 28,671 | 44,961 | 78,789 | ||||
| Other income | 25,976 | 25,976 | 63,626 | |||||
| Totalincome resources |
424,184 | 84,872 | 509,056 | 513,824 | ||||
| Resources Expended | ||||||||
| Wages and salanes includmg |
pension | 62,735 | 28,671 | 91,406 | 117,315 | |||
| Caretaker's costs |
14,421 | 14,421 | 2,330 | |||||
| light and heat | 9,524 | 9,524 | 11,939 | |||||
| Rent, rates and water charges | 9,753 | 9,753 | 7,646 | |||||
| Security expenses | 29,565 | 29,565 | 20,510 | |||||
| Cleaning &refuse management |
6,756 | 6,756 | 4,866 | |||||
| 7,079 | 7,079 | 12,156 | ||||||
| Stationery, printing and postage |
1,742 | 1,742 | 972 | |||||
| Telecommunication | 517 | 517 | 657 | |||||
| Cultural expenses |
36,739 | 4,830 | 41,569 | 1,252 | ||||
| Donation to other chanties |
& | destitutes | 3,026 | 55,887 | 58,913 | 34,407 | ||
| Travel | 7,837 | 7,837 | 2,511 | |||||
| Consultancy | 30,440 | 30,440 | 13,280 | |||||
| Otherlegalexpenses | 2,878 | 2,878 | ||||||
| Misc Madrassa Expenses, |
books etc. | 2,266 | 2,266 | 1,363 | ||||
| Bank charges | 6,008 | 6,008 | 6,842 | |||||
| Examiner fee | 750 | 750 | 750 | |||||
| Depreciation | 37,726 | 37,726 | 39,665 | |||||
| Advertising and marketing |
||||||||
| Fund raising expenses | 11,614 | 11,614 | 7,405 | |||||
| Consumables, ITand other |
expenses | 2,207 | 2,207 | 1,635 | ||||
| Total resources expended | 2454ISB | 89,388 | 37,726 | 372,972 | 287,500 | |||
| Net incoming resources forthe | year | 178,326 | (4,515) | (37,726) | 236,085 | 226,324 | ||
| Totalgund at start ofthe year | (95,734) | 1,463 | 1,551,001 | 1,456,730 | IW0,406 | |||
| Transfers between funds | (4,830) | 4,830 | ||||||
| Total funds asat end ofthe year (note-5) | 77,762 | 1,778 | 1,5M,275 | 2,5924IIS | 2856,730 |
| Islamic Education and Cultural | Society | |||
|---|---|---|---|---|
| Notes tothe Fina ncia I Statements | ||||
| Forthe year ended 31March | 2022 | |||
| 2022 | 2021 | |||
| E | E | |||
| Interest free loans | ||||
| Opening balance | 380,500 | 463,200 | ||
| Loans received during the year | 27,500 | 112,800 | ||
| Loans paid back orsettled | as donations | during the year | (207,700) | (195,500) |
| Closing balance | 200,300 | 380,500 |
| 4. | Analysis of | Net Assets by Fund | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Fhed assets | |||||
| funds | funds | funds | Total | ||||
| Fixed Assets | 1,513,273 | 1,513,273 | |||||
| Current Assets | 282,216 | 1,778 | 283,994 | ||||
| Current Liabilities |
(204,453) | (204,453) | |||||
| Long term liabilities | |||||||
| 77,764 | 1,778 | 1,513,273 | 1,592,815 | ||||
| Opnnrng | Inmme | Resources | Closing | ||||
| 5. | Movement | in funds | balanm | resources | expended | Transfers | balanm |
| Unrestricted | funds | (95,734) | 424,184 | (245,858) | (4,830) | 77,762 | |
| Restricted Funds |
1,463 | 84,872 | (89,388) | 4,830 | 1,778 | ||
| Fixed assets | 1,551,001 | (37,726) | 1,513,275 | ||||
| 1,456,730 | 509,056 | (372,972) | 1,592,815 |