KOKNI ORGANISATION LONDON LIMITED (A company limited by guarantee) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CHARITY NO: 1004645 COMPANY REGISTERED IN ENGLAND NO: 2214662 KOKNI ORGANISATION LONDON LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Constitution Kokni Community London Limited is a company limited by guarantee governed by its memorandum and articles of association, Company No: 2214662. The company is also a registered Charity in England and Wales No .' 1004645 Dlrectors and Trustees The directors of the charitable company ("the charity ) are its trustees for the purpose of charity law and throughout the report are collectably referred to as the trustees. The trustees serving during the year and since the year end were as follows.. Chairman Mr. S Samnakay Elected Dlrectors Mr. M. A. Karim Dr. S. Herwitker { resigned ) Mr. L .Anwari Mr.K.Herwitker Secretary Mr.K.Herwitker Dr. S Herwitker ( resigned) Registered Office 75 Coniston Gardens London NW9 OBA Accountants Lewis Associates Chartered Certified Accountants 75 Coniston Gardens London NW9 OBA Bankers Barclays Bank PLC 126 Station Road Edgware Middlesex HA8 7RY Nationwide Building Society 4244 High Street Putney London SW151SH KOKNI ORGANISATION LONDON LIMITED Report of the Trustees for the Year Ended 31 March 2024 Tb.e trustees are pleased to present their report together wtth the financial statements of the charity for the year ended 31st March 2024 Legal and administrative information set out on page 1 .forms part of this report. The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the statement of Recommended Practice - Accounting and Reporting by Charities. Objects of the Charity The objects of the charity are to organise a variety of functions and social events for the community members. Organisation A board comprising of four main trustees ,meet at least four times a year, administer the charities affairs. Investment powers Under the memorandum and articles of association, the charity has the power to make any investment as the trustees see fit. Revlew of the activities and future developments The company continued its in supporting and running various sport and keep fit activities for its members throughout the year. Trustees. re8pon8ibilities in relatlon to the flnanclal statements Company law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the profit or loss of the charity ft)r that year. In preparing those accounts, the trustees are required to: select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and ction of fraud and other irregularities. Byor er of the trustees: 24th November 2024 Mr.K Herwitker ACCOUNTANTS REPORT TO THE DIRECTORS ON THE UNAUDITED ACCOUNTS OF KOKNI ORGANISATION LONDON LIMITED Report to the directors on the preparation of the unaudited statutory accounts of Kokni Oryanisation London Limited for the year ended 31 March 2024 In order to assist you to fulfil your duties under the Companies Act 2006,we have prepared for your approval the accounts of Kokni Organisation London Limited for the year ended 31 March 2024 which comprises of the Profit and Loss Account, the Balance Sheet and the related notss fomi the company's records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at htt :1￿.acCa lobal.comlcontentldam/ACCA GlobaltrechnicallfacUtechnical-factsheet-163. df. It is your duty to ensure that Kokni Organisation London Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of assets, laibilities, financial position and profit of Kokni Organisation London Limited. You consider that Kokni Organisation London Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or review of the accounts of Kokni Organisation London Limited . For this reason, we have not verified the accuracy or completness of the accounting records information and explanations you have given to us and we do not, therefore, express any opinion on statutory accounts. Lewis Associates Chartered Certified Accountants 75 Coniston Gardens London NW9 OBA 24th November 2024 INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 2024 Total Funds 2023 Total Funds Incoming Resources Charitable activities: Members Subscription's Sports activites Social Events Donations & other income Interest Rent receivable 950 11,575 2,143 274 60 870 9,967 4,149 33 15 22 800 Total resources Resources expended Direct charltable expenditure: Sports Activities Social Events Agents commission Repairs & maintenance Insurance Legal and professional Bank charges Depreciation 11,587 1,818 1,642 860 388 464 8,609 2,642 1,632 662 401 13 32 727 727 Other expendlture: Management and administration 215 147 Total expendlture.. Net income l ( expenditure ) for tho year 18,569 22,970 Accumulated funds brought forward 209 601 186632 Accumulated funds carried forward The statement of financial activities indicates all gains and losses recognised in the year. All incoming reSoUr￿S and resources expended derive from continuing activities. The notes on page 6 form part of these financial statements KOKNI ORGANISATION LONDON LIMITED BALANCE SHEET AS AT 31 March 2024 Note 2024 2023 Fixed Assets Tangible fixed assets 2,684 3,411 Current Assets Cash at bank and in hand Debtors 234,846 213,817 215550 Net Assets 237,530 218,961 2024 2023 Represented by Unrestricted income funds: 237 530 218 961 The directors are satisfied that the company is entitled to exemption from the requirements to obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtsin an audlt in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complylng with the requirernents of the Act with respect to accounting records. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small comapnies regime and in accordance with the provisions of FRS 102 Section 1A- Small Entities. Approved by the Board on 24th November 2024 Mr. S Samankay The notes of page 5 form part of these financial statements KOKNI ORGANISATION LONDON LIMITED NOTES FORMING PART OF THE FINANCIAL STATENIENTS FOR THE YEAR ENDED 31 March 2024 Accounting Policies (a) Basls of preparation of accounts These accounts have been prepared under the historical cost convention with items recognised at cost or transactions value unless otherwise stated in relevant notes to these accounts. The accounts have been prepared in accordance with: the statement of recommended Practice . Accounting and Reporting by charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK issued on16th July 2014 The charity constitutes a pubic benfit entity as defined by FRS 105 applicable for small entities. (b) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered. Trustees. Remuneration No remuneration directly or indirectly out of the charity was paid or payable for the period to any trustee or any person or persons known to be connected with any of them in attendance of meetings or funckn'ons. Taxation The charitable company is exempt from corporation tax on its charitable activities. Depreclation Depreciation is provided on the short leasehold and furniture and equipment at the following rates based on the estimated useful life of these fixed assets less their anticipated residual values: Short leasehold premises remaining life of the lease 5. Flxed Assets Short Leasehold property Cost As at 31 March 2024 Depreciation Balance as at 1 st April 2023 Charge for the year 19,139 727 19 866 Net Book Value As at 31 st March 2024 2,684 As at 31st March 2023 3,411