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Takaaful T&T Friendly Society 18th AGM Brochure 32
TAKAAFUL T & T
INCOME AND EPENDITURE ACCOUNT- WAQF FUND
FOR THE YEAR ENDED 31ST DECEMBER, 2015
2015 2014
INCOME 36,811 52,575
3,082 349
Dividend-2015 39,893
Refunds 52,924
EXPENSES 8,700 9,000
668 698
Advertising
Bank Charges 2,400 2,100
Printing,Postage & Stationery - -
Professional fees
FBS Grant 15,000 12,000
Needy Muslim Grant 285 -
Needy Non Muslim Grant -
WAQF Cash Pan 2,190 920
WAQF Housing Grant - -
WAQF Grants
WAQF Imam Grants 10,000 6,000
WAQF New Muslim Grants 24,748 1,097
SPW Grants 1,100
1,250 550
(DEFICIT)/SURPLUS 4,801 945
71,142 33,310
To WAQF Fund Reserve
(31,249) 19,614
NET SURPLUS FOR THE YEAR
(1,841) (2,628)
$ (33,090) $ 16,986
The notes and schedules on pages 7 to 11 form part of this financial statement.
