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|---|---|---|---|---|---|
|Reference and Administrative||details||||
|Strategic Report||||||
|Report ofthe Trustees||||||
|Report ofthe Independent
Auditor||||6-7||
|Statement ofFinancial|Activities|||||
|Balance Sheet||||||
|Cash Flow Statement||||10||
|Notes to the Cash Flow Statement||||||
|Notes to the Financial|Statements||12|to|18|
|Detailed Statement of|Financial|Activities|19|to|20|
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|Statement ofFinancial
for the Year Ended 30|Activities
June 2021||||||
|---|---|---|---|---|---|---|
||||||30.6.21|30.6.20|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies||2|20,609||20,609|9,541|
|Other trading activities||3|6,045,539||6,045,539|6,548,380|
|Investment
income||4|22,039||22,039|23,431|
|Other income|||2,205||2,205|17,756|
|Total|||6,090,392||6,090,392|6,599,108|
|EXPENDITURE ON|||||||
|Raising funds||5|4,453,384||4,453,384|5,201,517|
|Charitable
activities|||||||
|Charitable
activities|||1,405,955||1,405,955|1,290,061|
|Total|||5,859,339||5,859,339|6,491,578|
|NET INCOME|||231,053||231,053|107,530|
|Transfer between
funds|||92 233|~92233)|||
||||323,286|(92,233)|231,053|107,530|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought forward|||7,301,839|772,835|8,074,674|7,967,144|
|TOTAL FUNDS CARRIED FORWARD|||7,625,125|680,602|8,305,727|8,074,674|
|Balance Sheet||||
|---|---|---|---|
|30June 2021||||
|||30.6.21|30.6.20|
|||Total|Total|
|||funds|funds|
||Notes|||
|FIXEDASSETS||||
|Tangible
assets|10|6,881,480|6,977,475|
|CURRENT ASSETS||||
|Stocks
Debtors
Cash at bank and in hand|11
12|1,321,458
1,931,053
322,047|1,233,386
2,407,077
326,033|
|||3,574,558|3,966,496|
|CREDITORS||||
|Amounts
falling due within one year||(763,268)|(1,403,491)|
|NET CURRENT ASSETS||2,811,290|2,563,005|
|TOTAL ASSETSLESSCURRENT LIABILITIES||9,692,770|9,540,480|
|CREDITORS||||
|Amounts
falling due after more than one year|14|(1,387,043)|(1,465,806)|
|NET ASSETS||8,305,727|8,074,674|
|FUNDS|16|||
|Unrestricted
funds
Restricted funds||7,532,892
772,835|7,301,839
772,835|
|TOTAL FUNDS||8,"Gs,727|8 074,674|
##
##
|Cash Flow Statement|||||||
|---|---|---|---|---|---|---|
|for the Year Ended 30June||2021|||||
||||||30.6.21|30.6.20|
|||||Notes|||
|Cash flows from operating||activities|||||
|Cash generated
from operations|||||759,082|1,209,002|
|Interest paid|||||~28,651)|~32,389|
|Net cash provided
by operating
activities|||||730,431|1,176,613|
|Cash flows from investing||activities|||||
|Purchase oftangible fixed|assets||||(659,863)|(1,875,365)|
|Loan proceeds||||||827,386|
|Loan repayment|||||(78,763)||
|Interest received|||||39|1,431|
|Net cash used in investing|activities||||(738,587)|(1,044,548)|
|Change in cash and cash|equivalents||in||||
|the reporting
period|||||(8,156)|132,065|
|Cash and cash equivalents||at the|||||
|beginning
ofthe reporting||period|||323,963|191,898|
|Cash and cash equivalents||at the end|of||||
|the reporting
period|||||315,807|323,963|
##
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|ACTIVITIES|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||30.6.21|30.6.20|
|Net income for the||reporting||period (as per the Statement ofFinancial|||231,053|107,530|
|Activities)|||||||||
|Adjustments
for:|||||||||
|Depreciation
charges|||||||755,775|755,073|
|Loss on disposal of|fixed assets||||||84||
|Interest received|||||||(39)|(1,431)|
|Interest paid|||||||28,651|32,389|
|Increase in stocks|||||||(88„072)|(226,546)|
|Decrease/(increase)||in debtors|||||476,024|(112,818)|
|Increase/(decrease)|in creditors||||||(644,393)|654,805|
|Net cash provided|by operations||||||759,082|1,209,002|
|ANALYSIS OF CASH|||AND|CASH EQUIVALENTS|||||
||||||||30.6.21|30.6.20|
|Cash in hand|||||||25,434|24,788|
|Notice deposits (less||than 3 months)|||||296,613|301,245|
|Overdrafts
included||in bank loans and overdrafts|||falling|due within one year|L6,240)|(2,070)|
|Total cash and cash|equivalents||||||315,807|323,963|
|ANALYSIS OF CHANGES IN NET DEBT|||||||||
|||||||At 1.7.20|Cash flow|At 30.6.21|
|Net cash|||||||||
|Cash at bank and in|hand|||||326,033|(3,986)|322,047|
|Bank overdraft||||||~2,070)|~4,)70)|~6,240)|
|||||||323,963|~8,)36)|315,807|
|Debt|||||||||
|Debts falling due within|||1year|||(103,730)|(1,387,043)|(1,490,773)|
|Debts falling due after 1|||year|||(1,465,806)|1,465,806||
|||||||(1,569,536)|78,763|(1,490,773)|
|Total||||||(1,245,573)|70,607|(1,174,966)|
##
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##
|Freehold|property|Straight line over|fifty years|
|---|---|---|---|
|Long leasehold||Straight line over|fifty years|
|Plant and|machinery|20%on reducing|balance|
|Fixtures|and fittings|20%on reducing|balance|
|Motor vehicles||33%on reducing|balance|
|Computer|equipment|25%on reducing|balance|
##
##
##
##
|DONATIONS
AND LEGACIES|||
|---|---|---|
||30.6.21|30.6.20|
|Donations|20,609|9,541|
||20,609|9,541|
|Notes to the Financial
Statements|Notes to the Financial
Statements|Notes to the Financial
Statements|Notes to the Financial
Statements|||
|---|---|---|---|---|---|
|for the Year Ended 30June||2021||||
|3.|OTHER TRADING ACTIVITIES|||||
|||||30.6.21|30.6.20|
||Media and publication||income|6,045,539|6,548,380|
|4.|INVESTMENT INCOME|||||
|||||30.6.21|30.6.20|
||Rents received|||22,000|22,000|
||Deposit account interest|||39|1,431|
|||||22,039|23,431|
|5.|RAISING FUNDS|||||
||Raising donations|and|legacies|||
|||||30.6.21|30.6.20|
||Telephone|||19,071|14,420|
||Postage and stationery|||31,542|27,192|
||Sundries|||4,542|18,952|
||Opening stock|||1,298,694|1,069,807|
||Purchases|||1,049|23,507|
||Direct costs|||3,615,249|3,906,262|
||Closing stock|||(1,369,066)|(1,298,694)|
||Repairs and maintenance|||75,148|109,049|
||Motor expenses|||3,716|11,803|
||Travelling
expenses|||31,865|68,278|
||Computer
costs|||589,024|651,421|
||Refreshments
(Ziafat)|||6,633|11,791|
||Equipments|||106,183|134,490|
||Equipment
hire|||39,498|451,743|
||Loss on sale ofassets|||84||
|||||4,453,232|5,200,021|
||Other trading activities|||||
|||||30.6.21|30.6.20|
||Bad debts|||152|1,496|
||Aggregate
amounts|||4,453,384|5,201,517|
##
##
|DIRECT COST|||
|---|---|---|
||30.6.21|30.6.20|
|Charitable
activities|1,405,955|1,290,061|
|NET INCOME/(EXPENDITURE)|||
|Net income/(expenditure)
is stated after charging/(crediting):|||
||30.6.21|30.6.20|
|Depreciation
-owned assets|755,775|755,073|
|Deficit on disposal offixed assets|84||
##
##
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||fund|fund|funds|
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and legacies|||9,541||9,541|
|Other trading activities|||6,548,380||6,548,380|
|Investment
income|||23,431||23,431|
|Other income|||17,756||17,756|
|Total|||6,599,108||6,599,108|
|EXPENDITURE ON||||||
|Raising funds|||5,201,517||5,201,517|
|Charitable
activities||||||
|Charitable
activities|||1,290,061||1,290,061|
|Total|||6,491,578||6,491,578|
|NET INCOME|||107,530||107,530|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought forward|||7,126,236|840,908|7,967,144|
|TOTAL FUNDS CARRIED FORWARD|||7,233,766|840,908|8,074,674|
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
|||Freehold|Long|Plant and|
|||property|leasehold|machinery|
|COST|||||
|At 1 July 2020||4,364,617|1,132,685|1,340,182|
|Additions|||||
|Disposals|||||
|At 30June 2021||4,364,617|1,132,685|1,340,182|
|DEPRECIATION|||||
|At 1 July 2020||512,165|100,967|1,303,939|
|Charge for year||68,073|22,653|7,249|
|Eliminated
on disposal|||||
|At 30June 2021||580,238|123,620|1,311,188|
|NET BOOKVALUE|||||
|At 30June 2021||3,784,379|1,009,065|28,994|
|At 30June 2020||3,852,452|1,031,718|36,243|
||Fixtures||||
||and|Motor|Computer||
||fittings|vehicles|equipment|Totals|
|COST|||||
|At 1 July 2020|1,226,388|102,290|6,264,985|14,431,147|
|Additions|57,478||602,385|659,863|
|Disposals||~22,781)||~22,781)|
|At 30June 2021|1,283,866|79,509|6,867,370|15,068,229|
|DEPRECIATION|||||
|At 1 July 2020|822,697|81,941|4,631,963|7,453,672|
|Charge for year|92,233|6,715|558,852|755,775|
|Eliminated
on disposal||~22,698)|-|~22,698)|
|At 30June 2021|914,930|65,958|5,190,815|8,186,749|
|NET BOOKVALUE|||||
|At 30 June 2021|368,936|13,551|1,676,555|6,881,480|
|At 30June 2020|403,691|20,349|1,633,022|6,977,475|
|for th|e Year Ended 30June 2021||||
|---|---|---|---|---|
|11.|STOCKS||||
||||30.6.21|30.6.20|
||Finished goods||1,321,458|1,233,386|
|12.|DEBTORS:AMOUNTS|PALLING DUE WITHIN ONE YEAR|||
||||30.6.21|30.6.20|
||Trade debtors||862,373|932,274|
||Other debtors||409,607|424,963|
||VAT||132,217|510,961|
||Prepayments
and accrued|income|526,856|538,879|
||||1,931,053|2,407,077|
|13.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||30.6.21|30.6.20|
||Bank loans and overdrafts|(see note 15)|109,970|105,800|
||Trade creditors||565,869|549,437|
||Other creditors||20,104|713,627|
||Accrued expenses||67,325|34,627|
||||763,268|1,403,491|
|14.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR||||
||||30.6.21|30.6.20|
||Bank loans (see note 15)||1,387,043|1,465,806|
|15.|LOANS||||
||An analysis ofthe maturity|ofloans is given below:|||
||||30.6.21|30.6.20|
||Amounts
falling due within one year on demand:||||
||Bank overdraft||6,240|2,070|
||Bank loans||103,730|103,730|
||||109,970|105,800|
||Amounts
falling between one and two years:||||
||Bank loans - 1-2years||103,730|103,730|
||Amounts
falling due between two and five years:||||
||Bank loans - 2-5 years||311,190|311,189|
||Amounts
falling due in more than five years:||||
||Repayable
by instalments:||||
||Bank loans more 5yr by instal||972,123|1,050„887|
##
##
|MOVEMEN|T IN FUNDS|||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.7.20|in funds|30.6.21|
|Unrestricted|funds|||||
|General fund|||7,301,839|323,286|7,625,125|
|Restricted funds||||||
|Restricted
fund|||772,835|(92,233)|680,602|
|TOTAL FUNDS|||8,074,674|231,053|8,305,727|
|Net movement|in funds, included|in the above are as follows:||||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|Unrestricted|funds|||||
|General
fund|||6,090,392|(5,859,339)|231,053|
|TOTALFUNDS|||6,090,392|(5,859,339)|231,053|
##
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.7.19|in funds|30.6.20|
|Unrestricted
funds||||
|General fund|7,126,236|175,603|7,301,839|
|Restricted funds||||
|Restricted fund|840,908|(68,073)|772,835|
|TOTAL FUNDS|7,967,144|107,530|8,074,674|
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||6,599,108|(6,491,578)|107,530|
|TOTAL FUNDS||6,599,108|(6,491,578)|107,530|
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.7.19|in funds|30.6.21|
|Unrestricted
funds||||
|General fund|7,126,236|338,583|7,464,819|
|Restricted funds||||
|Restricted
fund|840,908||840,908|
|TOTAL FUNDS|7,967,144|338,583|8,305,727|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||12,689,500|(12,350,917)|338,583|
|TOTAL FUNDS||12,689,500|(12,350,917)|338,583|
##
|Detailed Statement|ofFinancial Activities|ofFinancial Activities|||
|---|---|---|---|---|
|for the Year Ended|30June 2021||||
||||30.6.21|30.6.20|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Donations|||20,609|9,541|
||||20,609|9,541|
|Other trading activities|||||
|Media and publication||income|6,045,539|6,548,380|
|Investment
income|||||
|Rents received|||22,000|22,000|
|Deposit account interest|||39|1,431|
||||22,039|23,431|
|Other income|||||
|Other income|||2,205|17,756|
|Total incoming
resources|||6,090,392|6,599,108|
|EXPENDITURE|||||
|Raising donations|and|legacies|||
|Telephone|||19,071|14,420|
|Postage and stationery|||31,542|27,192|
|Sundries|||4,542|18,952|
|Opening stock|||1,298,694|1,069,807|
|Purchases|||1,049|23,507|
|Direct costs|||3,615,249|3,906,262|
|Closing stock|||(1,369,066)|(1,298,694)|
|Repairs and maintenance|||75,148|109,049|
|Motor expenses|||3,716|11,803|
|Travelling
expenses|||31,865|68,278|
|Computer
costs|||589,024|651,421|
|Refreshments
(Ziafat)|||6,633|11,791|
|Equipments|||106,183|134,490|
|Equipment
hire|||39,498|451,743|
|Loss on sale oftangible||fixed assets|84||
||||4,453,232|5,200,021|
|Detailed Statement ofFinancial Activities|||
|---|---|---|
|for the Year Ended 30June 2021|||
|Other trading activities|||
|Bad debts|152|1,496|
|Charitable
activities|||
|Rates and water|97,956|90,682|
|Insurance|66,561|66,445|
|Light and heat|125,280|165,994|
|Telephone|54,639|59,617|
|Postage and stationery|74,308|56,776|
|Sundries
Repairs 4 maintenance|68,630
55,371|13,970
36,801|
|Motor vehicle expenses|7,020|6,526|
|Professional
fees|49,335|8,535|
|Auditor's
remuneration|11,050|10,150|
|Refreshments
(Ziafat)|6,669|8,607|
|Exchange (gains) / losses
Depreciation oftangible fixed assets|4,710
755,775|(21,504)
755,073|
|Bank interest|3,684|6,930|
|Mortgage
interest|24,967|25,459|
||1,405,955|1,290,061|
|Total resources expended|5,859,339|6,491,578|
|Net income|231,053|107,530|