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|CONTENTS|||PAGE|
|---|---|---|---|
|Members ofthe board|and professional|advisers||
|Trustees annual
report|||2-5|
|Independent
auditor's|report to the trustees||6-8|
|Statement offinancial|activities|||
|Balance sheet|||10|
|Statement ofcash flows||||
|Notes to the financial statements|||12-16|
|Registered|charity name|The British Friends of Bar lian University|The British Friends of Bar lian University|
|---|---|---|---|
|Charity number||314139||
|Address||1 Spaniards
Park||
|||Columbas
Drive||
|||London||
|||NW3 7JD||
|Trustees||Mr R Tager QC PhD (Hon.) (Chairman)
Mr D Gradel PhD (Hon.)||
|Associate||The Rt. Hon. Sir Bernard|Rix (Hon. Vice-President)|
|Auditor||JPL||
|||Chartered
Accountants||
|||8 Statutory
Auditor||
|||110Chandos Avenue||
|||Whetstone||
|||London||
|||N20 9DZ||
|Members of|the Committee|Mr Doron Cohen||
|||Mr R Tager QC PhD (Hon.)
Mr D Gradel PhD (Hon.)
Mr Shlomo Rechtschaffen
LLM MBA||
|||Cllr Eva Greenspan||
|Bankers||Barclays Bank||
|||1 Churchill
Place||
|||London||
|||E145HP||
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|YEAR|END|ED 30SEPTE|MBER 2021||
|---|---|---|---|---|
||||Unrestricted|Total|
||||Funds|Funds|
||||2021|2020|
|||Note|||
|INCOMING RESOURCES|||||
|Incoming resources from generating|funds:||||
|Voluntary
income
Grants received|||767,978
15/97|583,459|
|TOTAL INCOMING RESOURCES|||783475|583,459|
|RESOURCES EXPENDED|||||
|Costs ofgenerating
funds:|||||
|Costs ofgenerating|||||
|voluntary
income
Charitable
activities
Governance
costs||3
4/5
6|(5,180)
(291,768)
(220,138)|(4,401)
(484,666)
(190,553)|
|TOTAL RESOURCES EXPENDED|||(517,086)|(679,620)|
|NET|||||
|INCOMING/(OUTGOING)|||||
|RESOURCES FOR THE|||||
|YEAR
RECONCILIATION
OFFUNDS|||266,289|(96,161)|
|Total funds brought
forward|||139,450|235,611|
|TOTAL FUNDS CARRIED FORWARD|||405,739|139,450|
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||||2021||2020|
|---|---|---|---|---|---|
|||Note||||
|FIXEDASSETS||||||
|Tangible assets||||1,741|2,321|
|CURRENT ASSETS||||||
|Debtors
Cash at bank|||19,572
393,597||11,591
139,922|
|CREDITORS: Amounts|falling due within one||413,169||151,513|
|year||10|(9,171)||(14,384)|
|NET CURRENT ASSETS||||403,998|139,129|
|TOTAL ASSETSLESS|CURRENT LIABILITIES|||405,739|139,450|
|NET ASSETS||||405,739|139,450|
|FUNDS||||||
|Unrestricted
income funds||||405,739|139,450|
|TOTAL FUNDS||||405,739|139,450|
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|||||2021|2020|
|---|---|---|---|---|---|
||||Note|2021|2020|
|CASH FLOWS FROM|OPERATING ACTIVITES|||||
|Net Cash used in operating
activities|||12|253,675|(93,327)|
|CASH FLOWS FROM|INVESTING ACTIVITIES|||||
|Purchase offixed assets||||||
|CHANGE IN CASH dk|CASH|EQUIVALENTS IN THE||||
|YEAR||||253,675|(93,327)|
|Cash &cash equivalents|brought|forward||139,922|233,249|
|CASH 8r, CASH EQUIVALENTS CARRIED||||||
|FORWARD||||393,597|139,922|
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|||Unrestricted|Total|
|---|---|---|---|
|||Funds|Funds|
|||2021|2020|
|Donations||||
|Donations received
Grants receivable||767,978|535,014|
|Job Retention
Grants from|Scheme grant
Bar lian University|10,284
5,112|48,445|
|||783474|583,459|
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|3.|COSTS O|F GENERATI|NG VOLUNTARY|INCOME|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Total Funds|Total Funds|
|||||Funds|2021|2020|
||Mailshots|and fundraising|events|5,180|5,180|4,401|
|4.|COSTS OF CHARITABLE ACTIVITIES|||BYFUND TYPE|||
|4.|COSTS OF|CHARITABLE ACTIVITIES|BYFUND TYPE|||
|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Total Funds|
||||Funds|2021|2020|
||Distributions|to Bar lian University|291,768|291,768|484,666|
|5.|COSTS OF|CHARITABLE ACTIVITIES|BYACTIVITY TYPE|||
||||||Activities|||
|---|---|---|---|---|---|---|---|
||||||undertaken|Total Funds|Total Funds|
||||||directly|2021|2020|
|Distributions|to|Bar|lian|University|291,768|291,768|484,666|
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|OPERATING AND|GOVERNANCE
COSTS|||
|---|---|---|---|
|||Unrestricted|Total|
|||Funds|Funds|
|||2021|2020|
|Salaries and wages
Employer's
NIC
Staffpension costs
Premises costs
Accountancy
fees||102,487
7,810
1+17
79,929
828|104,879
7,665
1,371
31,450
965|
|Audit fees
Bank charges||5,400
699|5,400
478|
|Depreciation||580|773|
|Foreign currency (gain)/loss
Office administrative
expenses||9,672
11,416|21,503
16,069|
|||220,138|190,553|
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|||2021|2020|
|---|---|---|---|
|Depreciation||580|773|
|Auditors'
remuneration:||||
|- audit ofthe financial
Exchange (gains)/losses|statements|5,400
9,672|5,400
21,503|
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|Total staff costs were as follows:|||
|---|---|---|
||2021|2020|
|Wages and salaries|102,487|104,879|
|Social security costs
Staffpension costs|7,810
1/17|7,665
1,371|
||111,611|113,915|
|was as f|ollows:|,|
|q,|
|---|---|---|---|---|
||||2021|2020|
||||No|No|
|Number|ofadministrative|staff|1|1|
|Number|ofmanagement|staff|1|1|
||||2|2|
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||The number ofemployees|whose remuneration|for the year fell within the following|for the year fell within the following|bands, were:|
|---|---|---|---|---|---|
|||||2021|2020|
||f70,000to f79,999|||No
1|No
1|
|9.|TANGIBLE FIXEDASSETS|||||
||||||Equipment|
||COST|||||
||At
1 October 2020
Additions||||31,122|
||At 30September 2021||||31,122|
||DEPRECIATION|||||
||At I October 2020
Charge for the year||||28,801
580|
||At 30September 2021||||29/81|
||NET BOOK VALUE|||||
||At 30September 2021||||1,741|
||At 30 September 2020||||2,321|
|10.|CREDITORS: Amounts|falling due within|one year|||
|||||2021|2020|
||Other Creditors and Accruals|||9,171|14,384|
|11.|UNRESTRICTED INCOME FUNDS|||||
||||Balance at|Incoming|Balance at|
||||1Oct 2020|resources|30Sep 2021|
||General Funds||139,450|266/89|405,739|
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||||2021|2020|
|---|---|---|---|---|
|Surplus/(deficit)
for the year|||266/89|(96,161)|
|Add back depreciation|charge||580|773|
|Movements
in workin|ca ital||||
|(Increase) in debtors
Increase/(decrease)
in|creditors||(7,981)
(5+13)|(2,051)
4,112|
|Cash generated
from/(absorbed||by) operations|253,675|~93,327|