Income and Expenditure Account for the period
1st April 2007 to 31st March 2008 |
|
Notes |
2007/2008 |
| INCOME |
|
| UK - Donations |
6,710 |
| Donation for Purchase of Mehran School Orangi - Pakistan |
2 |
16,033 |
| Fund Raising Activity |
3 |
145 |
|
£22,888 |
|
| EXPENDITURE |
|
| Operating Expense Mehran School Orangi - Pakistan |
4 |
-1,945 |
| DIL Launch |
5 |
-730 |
| Other Expenditure |
6 |
-300 |
|
-£2,975 |
|
| Surplus for the period |
£19,913 |
|
| Balance Sheet as at 31 March 2008 |
Notes |
2008 |
|
|
|
| ASSETS |
|
| Mehran School DIL Trust UK - Orangi Paksitan |
2 |
21,991 |
| Cash at bank |
5,696 |
|
£27,687 |
| LIABILITIES |
|
| Other payables |
21 |
| Payable to DIL Pakistan |
7 |
7,753 |
|
£7,774 |
|
£19,913 |
|
| CAPITAL FUND |
|
| As at 1st April 2007 |
0 |
| Surplus for period |
19,913 |
| As at 31 March 2008 |
£19,913 |
|
| The Accounts were approved on |
| |
Ahmereen Reza
Ruha Khandwala |
Chair
Treasurer |
|
|
| Auditor's Report to the Members |
| I have examined the records of DIL Trust UK for the year |
| ended 31st March, 2008. These Accounts agree with those records. |
|
|
| DIL Trust UK |
Date |
|
| Notes to the Accounts for the year to 31st March 2008 |
|
| 1. Basis of Accounting |
| Donations/ income for the Charity is recognised on a cash basis. Expenditure is recognised on accrual basis. |
| |
| 2. Mehran School |
2007/2008 |
|
| Purchase of Mehran School funded by: |
| Saharey Foundation - UAE |
14,433 |
| Habib Metropolitian Bank - Pakistan |
1,600 |
| Donations received for Purchase of Mehran school |
£16,033 |
| |
| Cost of Mehran School Orangi - Pakistan |
21,991 |
| Donations received for Purchase of Mehran school |
16,033 |
|
| Loan from DIL Pakistan |
£5,958 |
|
| 3. Income - Fund Raising Activity |
| Represents income from coffee morning hosted at Swiss Cottage lesiure club on 17th October 2007 |
| |
| 4. Mehran School Expense |
2007/2008 |
|
| Operating expense - funded by DIL Pakistan |
1,795 |
| Purchase of Water Cooler |
150 |
|
£1,945 |
|
| 5. DIL Launch |
2007/2008 |
|
| Catering - Village Cuisine Ltd |
700 |
| Melissa Riva Flowers |
30 |
|
£730 |
|
| 6. Other Expenditure |
2007/2008 |
|
| Entertainment - Coffee morning |
25 |
| Printing & Stationery |
275 |
|
£300 |
|
| DIL Trust UK |
|
| Notes to the Accounts for the year to 31st March 2008 |
|
| 7. Paybale to DIL Pakistan |
2007/2008 |
|
| Contribution by DIL Pakistan towards Mehran School |
£5,958 |
| Operating expense for Mehran School paid by DIL Pakistan |
1,795 |
| Payable to DIL Pakistan |
£7,753 |
