Group statement of financial activities and income and expenditure account for the year ended 31 December 2022
| income and endowments from: | Unrestricted funds £’000 | Restricted funds £’000 | Endowments funds £’000 | Total 2022 £’000 | Total 2021 £’000 | Notes |
| Donations and legacies | 13,377 | 186,384 | 399 | 200,160 | 166,893 | 2 |
| Other trading activities | 3,788 | _ | _ | 3,788 | 3,518 | 3 |
| Investments | _ | _ | 554 | 554 | 536 | 4 |
| Charitable activities | _ | 29,678 | _ | 29,678 | 11,993 | 5 |
| Total | 17,165 | 216,062 | 953 | 234,180 | 182,940 |
| Expenditure on: | ||||||
| Raising funds: | ||||||
| Costs of generating voluntary income | _ | 14,915 | _ | 14,915 | 12,770 | 10a |
| Fundraising trading: cost of goods sold and other cost | 3,546 | _ | _ | 3,546 | 3,095 | 10a |
| Investment management cost | _ | _ | 424 | 424 | 456 | 10a |
| Charitable activities | 9,161 | 165,177 | _ | 174,338 | 157,216 | 10a |
| Total | 12,707 | 180,092 | 424 | 193,223 | 173,537 |
| Net income | 4,458 | 35,970 | 529 | 40,957 | 9,403 | |
| Transfers between funds | 443 | _ | 443 | _ | 26 | |
| Subsidiary funds brought forward on consolidation | 5 | _ | _ | 5 | 10 | |
| Net movement on funds | 4,906 | 35,970 | 86 | 40,962 | 9,413 | |
| Reconciliation of funds: | ||||||
| Total funds brought forward | 14,370 | 46,488 | 8,391 | 69,249 | 59,836 | |
| Total funds carried forward | 19,276 | 82,458 | 8,477 | 110,211 | 69,249 |
Parent charitable company statement of financial activities and income and expenditure account for the year ended 31 December 2022
| Income and endowments from: | Unrestricted funds £’000 | Restricted funds £’000 | Endowments funds £’000 | Total 2022 £’000 | Total 2021 £’000 | Notes |
| Donations and legacies | 13,609 | 186,386 | _ | 199,995 | 166,192 | 2 |
| Investments | _ | _ | 140 | 140 | 536 | 4 |
| Charitable activities | _ | 29,678 | _ | 29,678 | 11,994 | 5 |
| Total | 13,609 | 216,064 | 140 | 229,813 | 178,722 |
| Expenditure on: | ||||||
| Raising funds | ||||||
| Costs of generating voluntary income | _ | 14,915 | _ | 14,915 | 12,769 | 10a |
| Investment management cost | _ | _ | 55 | 55 | 89 | 10a |
| Charitable activities | 9,161 | 165,177 | _ | 174,338 | 157,215 | 10a |
| Total | 9,161 | 180,092 | 55 | 189,308 | 170,073 |
| Net income | 4,448 | 35,972 | 85 | 40,505 | 8,649 | |
| Subsidiary funds brought forward on consolidation | 5 | _ | _ | 5 | 10 | |
| Net movement on funds | 4,453 | 35,972 | 85 | 40,510 | 8,659 | |
| Reconciliation of funds | ||||||
| Total funds brought forward | 12,838 | 46,489 | 8,392 | 67,719 | 59,060 | |
| Total funds carried forward | 17,291 | 82,461 | 8,477 | 108,229 | 67,719 |
Group and charity balance sheets as at 31 December 2022
| 2022 total funds | 2021 total funds | ||||
| Fixed assets | Group £’000 | Charity £’000 | Group £’000 | Charity £’000 | Notes |
| Intangible assets | 856 | 856 | 9 | 9 | 13 |
| Tangible assets | 8,391 | 8,157 | 8,173 | 7,994 | 14,15 |
| Investments | 169 | 1,045 | 169 | 1,045 | 16 |
| Total fixed assets | 9,416 | 10,058 | 8,351 | 9,048 | |
| Current assets | |||||
| Stocks and work in progress | 127 | _ | 127 | _ | 17 |
| Debtors due within one year | 18,201 | 18,072 | 7,199 | 6,780 | 18 |
| Cash at bank and in hand | 125,120 | 124,336 | 92,687 | 92,054 | 19 |
| Total current assets | 143,448 | 142,408 | 100,013 | 98,834 |
| Liabilities | |||||
| Creditors: amounts falling due within one year | 42,653 | 44,237 | 35,615 | 36,663 | 20 |
| Net current assets | 100,795 | 98,171 | 64,398 | 62,171 | |
| Total assets less current liabilities | 110,211 | 108,229 | 72,749 | 71,219 | |
| Creditors: amounts falling due after more than one year | _ | _ | 3,500 | 3,500 | |
| Total net assets | 110,211 | 108,229 | 69,249 | 67,719 |
| Total funds of the charity: | |||||
| Unrestricted funds general | 19,276 | 17,291 | 14,370 | 12,838 | |
| Restricted income funds | 82,458 | 82,461 | 46,488 | 46,489 | 26 |
| Endowment funds | 8,477 | 8,477 | 8,391 | 8,392 | 27 |
| Total funds | 110,211 | 108,229 | 69,249 | 67,719 |
Group cash flow statement for the year ended 31 December 2022
| Reconciliation of net income to net cash flow from operating activities | 2022 £’000 | 2021 £’000 |
| Net income for the reporting period as per the statement of financial activities (excluding cash flow from endowments) | 40,871 | 9,063 |
| Adjustments for: | ||
| Depreciation | 393 | 361 |
| Impairment Loss | _ | 1,430 |
| Decrease/(Increase) in stocks | _ | 58 |
| Decrease/(Increase) in debtors | (11,002) | (238) |
| (Decrease)/Increase in creditors | 3,537 | 11,006 |
| (Gains)/Loss on foreign exchange | 4,266 | (2,640) |
| Net cash provided by operating activities | 38,065 | 19,040 |
| Cash flows from investing activities | ||
| Purchase of intangibles | (847) | _ |
| Purchase of property, plant and equipment | (587) | (391) |
| Proceeds from the sale of property, plant and equipment | (17) | 28 |
| Net cash provided by (used in) investing activities | (1,451) | (363) |
| Cash flows from financing activities | ||
| Endowment (waqf) | 85 | 351 |
| Net cash provided by financing activities | 85 | 351 |
| Net increase in cash and cash equivalents | 36,699 | 19,028 |
| Cash and cash equivalents at the beginning of the reporting period | 92,687 | 71,019 |
| Change in cash and cash equivalents due to exchange rate movements | (4,266) | 2,640 |
| Cash and cash equivalents at the end of the reporting period | 125,120 | 92,687 |
| Consisting of: | ||
| Cash at bank and in hand | 125,120 | 92,687 |