| Contents | |||
|---|---|---|---|
| Page | |||
| Company's Information |
|||
| Directors' Report | 3-6 | ||
| Independent Examiner's |
Report | 7-8 | |
| Statement of Financial Activities | |||
| Balance Sheet | 10 | ||
| Notes to Financial Statement | 11-13 |
| COMPANY INFORMATION | COMPANY INFORMATION | COMPANY INFORMATION | ||||||
|---|---|---|---|---|---|---|---|---|
| Directors: | Bodrul Alom | |||||||
| Muktar Hussain (Deceased) | ||||||||
| Ahmed Hassan |
||||||||
| Mohammed Abdul |
Malik | |||||||
| Mohammed Enam |
Uddin | |||||||
| Mrs Rafia Khan | ||||||||
| Ms Ameena Begum |
||||||||
| Secretary: | Bodrul Alom | |||||||
| Registered | Office: | 46 Myrdle Street | ||||||
| London E1 1HL | ||||||||
| Business Address: | 46 Myrdle Street | |||||||
| London E1 1HL | ||||||||
| Company | Registration | Number: | 2036918 | |||||
| Charity Registration | Number: | 297771 | ||||||
| Bankers: | National Westminster |
Bank PLC | ||||||
| Whitechapel Road (B)Branch |
||||||||
| Black Lion House | ||||||||
| 45 Whitechapel Road |
||||||||
| London | ||||||||
| E1 1DU | ||||||||
| Independent | Examiner: | Muhit &Co | ||||||
| Chartered Certified Accountants |
8 Tax Advisers | |||||||
| Unit 4 | ||||||||
| 80A Ashfield Street | ||||||||
| London | ||||||||
| E1 2BJ |
| for the year ended 31 March 20 | 23 | ||||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | ||
| Notes | 2023 | 2022 | |||
| E | E | E | E | ||
| INCOME AND EXPENDITURE | |||||
| Incoming Resources | |||||
| Grants and Donations | 55,887 | 55,887 | 55,988 | ||
| Bank Interest | 132 | 132 | 41 | ||
| Other Income (HMRC JRS) | 0 | 7,020 | |||
| Total Incoming Resources | 56,019 | 56,019 | 63,049 | ||
| Resources Expended | |||||
| Direct Charitable Expenditure |
15,203 | 15,203 | 20,562 | ||
| Governance Cost |
37,245 | 37,245 | 48,360 | ||
| Total Resources Expended | 0 | 52,448 | 52,448 | 68,922 | |
| Net Incoming Resources for the year | 0 | 3,571 | 3,571 | (5,873) | |
| Funds at 1 April 2022 | 23,567 | 31,002 | 54,569 | 60,442 | |
| Funds at 31 March 2023 | 23,567 | 34,573 | 58,140 | 54,569 |
| as at 31 March | 2023 | |||
|---|---|---|---|---|
| Total | Total | |||
| Notes | 2023 | 2022 | ||
| 6 | ||||
| Fixed Assets | ||||
| Tangible Assets | 95,503 | 97,896 | ||
| Current assets | ||||
| Cash at Bank and | in Hand | 47,292 | 42,892 | |
| Debtors | 2,742 | 2,528 | ||
| 50,034 | 45,420 | |||
| Current Liabilities |
||||
| Creditors: amounts | falling due | |||
| within one year | (3,837) | (6,320) | ||
| Net current assets | 46,197 | 39,100 | ||
| Total assets less | current | |||
| liabilities | 141,700 | 136,996 | ||
| Net assets | 141,700 | 136,996 | ||
| Net assets | ||||
| Accumulated Funds |
||||
| Restricted Fund |
23,567 | 23,567 | ||
| Unrestricted Fund |
34,573 | 31,002 | ||
| Capital Reserve | 83,560 | 82,427 | ||
| Total Funds | 141,700 | 136,996 |
| Fixtures, | |||||
|---|---|---|---|---|---|
| Freehold | fittings & | ||||
| Property | equipment | Total | |||
| 6 | T~ibl A |
I | 2023 | ||
| 6 | |||||
| Cost | |||||
| At 1 April 2022 | 109,320 | 65,174 | 174,494 | ||
| Addition | 0 | ||||
| At 31 March 2023 | 109,320 | 65,174 | 174,494 | ||
| Depreciation | |||||
| At 1 April 2022 | 20,997 | 55,601 | 76,598 | ||
| Charges for the | year | 0 | 2,393 | 2,393 | |
| At 31 March 2023 | 20,997 | 57,994 | 78,991 | ||
| Net Book Value | |||||
| At 31 March 2023 | 88,323 | 7,180 | 95,503 | ||
| At 31 March 2022 | 88,323 | 9,573 | 97,896 |
| 8 | ~oui h |
2023 | 2022 | |
|---|---|---|---|---|
| 8 | ||||
| The operating | income is stated after charging: | |||
| Depreciation | 2,393 | 3,191 | ||
| & | ||||
| After Crediting | ||||
| Bank interest | received | 132 | 42 |
| Anal sis of Net Assets Between Funds | Anal sis of Net Assets Between Funds | Restricted | Unrestricted | Total |
|---|---|---|---|---|
| Tangible | Assets | 95,503 | 95,503 | |
| Current | Assets | 50,034 | 50,034 | |
| Current | Liabilities | -3,837 | -3,837 | |
| Balance | at 31 March 2023 | 0 | 141,700 | 141,700 |
| Movement of Funds |
Restricted | Unrestricted 8 |
Total f |
|---|---|---|---|
| At 1 April 2022 | 23,567 | 31,002 | 54,569 |
| Incoming Resources |
0 | 56,019 | 56,019 |
| Outgoing Resources |
52,448 | 52,448 | |
| At 31 March 2023 | 23,567 | 34,573 | 58,140 |
| INCOME | Restricted | Unrestricted | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|---|
| Grants/Donations | 6 | E | ||||||
| The National Lottery Heritage |
Fund | 5,530 | 5,530 | 0 | ||||
| The National Lottery Community |
Fund (A4A) | 9,640 | 9,640 | 9,892 | ||||
| Postcode Society Trust | 0 | 0 | 19,526 | |||||
| East End Community Foundation |
9,856 | 9,856 | 2,931 | |||||
| Hall Hire | 1,100 | 1,100 | 1,200 | |||||
| Paddington Development |
Trust | 0 | 0 | 3,939 | ||||
| The Childwick Trust |
1,500 | 1,500 | 0 | |||||
| London Catalyst | 3,000 | 3,000 | ||||||
| The D'Oyly Carte Charitable | Trust | 3,000 | 3,000 | |||||
| The Merchant Taylors' Foundation |
4,960 | 4,960 | ||||||
| The Worshipful Company |
of | Basketmakers' | 2,000 | 2,000 | ||||
| Wakefield and Tetley Trust |
3,501 | 3,501 | ||||||
| Training and Evaluation |
(Contract) | 0 | 0 | 6,840 | ||||
| Rental | 10,200 | 10,200 | 10,200 | |||||
| Donation | 810 | 810 | 800 | |||||
| Users' Contribution | 80 | 80 | 120 | |||||
| Other/Copier | 710 | 710 | 540 | |||||
| TOTAL | 0 | 55,887 | 55,887 | 55,988 | ||||
| HMRC JRS GRANT | 0 | 0 | 7,020 | |||||
| Bank Interest Received | 132 | 132 | 41 | |||||
| 56,019 | 56,019 | 63,049 | ||||||
| EXPENDITURE | ||||||||
| Restricted | Unrestricted | Total | Total | |||||
| Direct Charitable Ex enditure |
2023 | 2022 | ||||||
| 6 | E | |||||||
| Salaries and Employer's | NIC | 8,264 | 8,264 | 15,084 | ||||
| Volunteers' Expenses |
2,553 | 2,553 | 979 | |||||
| Hall Hire | 342 | 342 | 1,320 | |||||
| Project Development | 6,850 | 6,850 | 3,286 | |||||
| Programme and Activities |
6,546 | 6,546 | 2,271 | |||||
| LBTower Hamlets- Council tax |
3,237 | 3,237 | ||||||
| Books and Literatures | 8 | 8 | 25 | |||||
| Other legal and professional | 6,548 | |||||||
| Water Rates | 543 | 543 | 1,014 | |||||
| Light and Heat |
1,732 | 1,732 | 2,463 | |||||
| Telephone and Internet |
592 | 592 | 631 | |||||
| Printing, Postage &Staionery |
5,409 | 5,409 | 1,120 | |||||
| Repairs and Maintenance | 6,871 | 6,871 | 3,609 | |||||
| Insurance and Licensing |
1,598 | 1,598 | 1,342 | |||||
| Cleaning | 1,461 | 1,461 | 193 | |||||
| Training- Staff and Management | 631 | 631 | 4,785 | |||||
| Accountancy and Book Keeping |
900 | 900 | 720 | |||||
| Travelling | 450 | 450 | 430 | |||||
| Administrative and Development |
Expenses | 1,562 | 1,562 | 1,038 | ||||
| Grant Returned to City of |
London/ | CBT | 17,276 | |||||
| Pension | 46 | 46 | 341 | |||||
| Website Management | 234 | 234 | 53 | |||||
| General Expenses | 226 | 226 | 1,203 | |||||
| Depreciation Net Surplus/(Deficit) for the |
year | 2,393 52,448 3,571 |
2,393 52,448 3,571 |
3,191 68,922 ~5873, |