## ## ## ## |||||||Page| |---|---|---|---|---|---|---| |Trustees'
annual
report (incorporating|||the|director's|report)|| |Independent
examiner's
report to the|||trustees|||| |Statement offinancial|activities|(including||income and||| |expenditure
account)||||||| |Statement offinancial|position|||||| |Notes to the financial|statements|||||| ## ## ## ## |Registered||charity|name|name|Halkevi: The Kurdish|Halkevi: The Kurdish|&Turkish|Community|Centre| |---|---|---|---|---|---|---|---|---|---| |Charity registration|||number||1040944||||| |Company|registration|||number|2930365||||| |Principal office and|||registered||31-33Dalston Lane||||| |office|||||Hackney||||| ||||||London||||| ||||||E6 3DF||||| |The trustees|||||||||| ||||||Mr Y Ismailoglu||||| ||||||Miss E Sarican||||| ||||||Miss C Barbagallo||||| ||||||Mr N Matheou||||| ||||||Ms 0Awosokanre||||| |Company|secretary||||Mr Y Ismailglu||||| |Independent||examiner|||Asim Manzoor
6Westmoreland|Street|||| ||||||Harrogate||||| ||||||HG1 5AT||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Year ended 31 March|2023|||||| |---|---|---|---|---|---|---| |||||2023||2022| |||||Unrestricted||| |||||funds|Total funds|Total funds| ||||Note||8|8| |Income and endowments||||||| |Donations
and legacies
Charitable
activities|||5
6|29,967
102,963|29,967
102,963|33,221
77,201| |Total income||||132,930|132,930|110,422| |Expenditure
Expenditure
on charitable|activities||7,8|118,143|118,143|120,658| |Total expenditure||||118,143|118,143|120,658| |Net expenditure
and net|movement|in funds||14,787|14,787|(10,236)| |Reconciliation
offunds||||||| |Total funds brought
forward||||116,659|116,659|126,895| |Total funds carried forward||||131,446|131,446|116,659| ## ## ## ## |Statement of Fina
31 March 2023|ncial|Position|||| |---|---|---|---|---|---| |||||2023|2022| ||||Note||E| |Fixed assets
Tangible
fixed assets|||13|411,940|425,551| |Current assets
Debtors
Cash at bank and
in hand|||14|16,338|263
18,522| |||||16,338|18,785| |Creditors: amounts|falling|due within one year|15|52,763|62,370| |Net current liabilities||||36,425|43,585| |Total assets less current||liabilities||375,514|381,966| |Creditors: amounts|falling|due after more than one year|16|244,069|265,307| |Net assets||||131,446|116,659| |Funds ofthe charity
Unrestricted
funds||||131,446|116,659| |Total charity funds|||19|131,446|116,659| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Depreciation||||| |---|---|---|---|---| |Depreciation
is|calculated|so as to writs
off the cost or valuation||of an asset, less its residual| |value, over the|useful economic||life ofthat asset as follows:|| |Long leasehold
property
Short leasehold
property
Fixtures and fittings|||Straightline
of life oflease 40
Straightline
of life oflease 40
25% reducing
balance|years
years| |Equipment|||25% reducing
balance|| ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Total Funds|Unrestricted|Total Funds| |---|---|---|---|---|---|---| ||||Funds
f|2023
E|Funds
F|2022
E| |Grants||||||| |Grants receivable|||28,037|28,037|30,991|30,991| |Capital grant||release|1,750|1,750|1,750|1,750| |Subscriptions
Membership||income|180|180|480|480| ||||29,967|29,967|33,221|33,221| |Charitable|activities|||||| ||||Unrestricted|Total Funds|Unrestdcted|Total Funds| ||||Funds|2023|Funds|2022| |||||f|F|F| |Canteen
income|||1,849|1,849|2,198|2,198| |Investment|Rental income||32,555|32,555|29,902|29,902| |Other|||10,082|10,082||| |Room & hall||hire|58,477|58,477|45,101|45,101| ||||102,963|102,963|77,201|77,201| ## ## |Expendi|ture|on charitable|activities
by fund type|||| |---|---|---|---|---|---|---| ||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||Funds
f|2023
f|Funds
E|2022
f| |Activity
Support|type
1
costs||101,859
16,284|101,859
16,284|104,609
16,049|104,609
16,049| ||||118,143|118,143|120,658|120,658| ## |Expenditure|on charitable
a|ctivities by activity type|||| |---|---|---|---|---|---| |||Activities|||| |||undertaken|Support|Total funds|Total fund| |||directly
E|costs
E|2023
f|2022| |Activity type
Governance|1
costs|101,859|16,284|101,859
16,284|104,609
16,049| |||101,859|16,284|118,143|120,658| ## ## ## ## ## |9.|Net expenditure|Net expenditure||||| |---|---|---|---|---|---|---| ||Net expenditure
is stated||after charging/(crediting):|||| ||||||2023|2022| ||Depreciation|oftangible fixed assets|||14,454|14,429| |10.|Independent|examination|fees|||| ||||||2023|2022| ||||||6|F| ||Fees payable|to the independent||examiner for:||| ||independent|examination|ofthe|financial statements|900|900| ||Other financial services||||900|600| ||||||1,800|1,500| ## |Staff costs|Staff costs|||||||||| |---|---|---|---|---|---|---|---|---|---|---| |The total staff costs||and employee||benefits for||the reporting|period are analysed|as follows:||| ||||||||2023||2022|| ||||||||9||f|| |Wages and salaries|||||||26,046||23,969|| |The average|head|count of employees|||during|the year was 7 (2021:6).The average|||number|of| |full-time equivalent||employees|during||the year|is analysed|as follows:|||| ||||||||2023||2022|| ||||||||No.||No.|| |Centre staff||||||||6||6| |Management|team|||||||1||1| |||||||||7||7| ## ## ## ## ## |Tangible fixed ass|ets||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||Long||Short|||||| |||||||leasehold|leasehold||Fixtures and||||| |||||||property
8|property|||fittings
6|Equipment||Total
f| |Cost|||||||||||||| |At 1 April 2022 and
Additions||||||558,110||8,812||17,178||2,984
843|587,084
843| |31 March 2023||||||558,110||8,812||17,178||3,827|587,927| |Depreciation
At 1 April 2022
Charge for the year||||||139,170
13,953||2,201
220||17,178
—||2,984
281|161,533
14,173| |At 31 March 2023||||||153,123||2,421||17,178||3,265|177,987| |Carrying
amount
At 31 March 2023||||||404,987||6,391||||562|411,940| |At 31 March 2022||||||418,940||6,611|||||425,551| |Short leasehold
commences||||in||April
11 and|will|depreciate||over its|lifetime
of 40||years. The| |leasehold
improvements|||were|completed
in July 2012 and are depreciated||||||||over the period ofthe|| |lease. The Secretary||of|Health|||who
has a|fixed|legal|charge
over||the lease
in||security
for| |amounts
borrowed.|Please see||||long term creditors.|||Within tangible
fixed assets there|||||is F70,000| |of capital
grant
funding|||provided|||by Hackney|council
to extend
and||||refurbish
the||community| |centre and has therefore|||been|treated as restricted||||funding.||Leasehold|improvements||consist of| |mix motive
investment||and is||impractical
for apportionment|||||and is treated|||as fixed assets as per|| |guidance
on social|investments||||per Charity SORP 2015.||||||||| ## |14.|Debtors||||| |---|---|---|---|---|---| |||||2023|2022| |||||6|f| ||Prepayments|and accrued income|||263| |15.|Creditors: amounts||falling due within one year||| |||||2023|2022| |||||8|f| ||Accruals and deferred||income|52,763|62,370| ||Other creditors||||| |||||52,763|62,370| |16.|Creditors: amounts||falling due after more than one year||| |||||2023
6|2022
f| ||Bank loans and overdrafts|||244,069|265,307| ## ## ## ## ## ## |Interest on the Loan from SEIFaccrued at the year
31 March 2022 was f16,568 respectively.
Deferred income|-end
for 31 March 2023 was Et5,|235 and for| |---|---|---| ||2023
f|2022
E| |At 1 April 2022|52,500|54,250| |Amount released to income|(1,750)|(1,750)| |At 31 March 2023|50,750|52,500| ## ## |Government|grants|grants|||| |---|---|---|---|---|---| |The amounts|recognised
in the financial statements||for government|grants are as follows:|| |||||2023|2022| ||||||f| |Recognised
in creditors:
Deferred government
grants due within||one year||50,750|52,500| |Recognised
Government|in income from donations
grants income|and legacies:||1,750|1,750| ## ||||||||At| |---|---|---|---|---|---|---|---| ||||At|||31 March|20| |||1|April 2022
f|Income
f|Expenditure
f|f|23| |General|funds||116,659|132,930|(118,143)|131,446|| ||||||||At| ||||At|||31 March|20| |||1|April 2021
f|Income
f|Expenditure
f|E|22| |General|funds||126,895|110,422|(120,658)|116,659|| ## ## ## ## ## |Yea|r ended 31 INarch 2023|r ended 31 INarch 2023||| |---|---|---|---|---| |20.|Analysis
ofnet assets between funds|||| ||||Unrestricted|Total Funds| ||||Funds|2023
f| ||Tangible fixed assets
Current assets||411,940
16,338|411,940
16,338| ||Creditors less than
1 year
Creditors greater than
1 year||(52,763)
(244,069)|(52,763)
(244,069)| ||Net assets||131,446|131,446| ||||Unrestricted|Total Funds| ||||Funds|2022| ||||f|f| ||Tangible
fixed assets
Current assets||425,551
18,785|425,551
18,785| ||Creditors less than
1
Creditors greater than|year
1 year|(62,370)
(265,307)|(62,370)
(265,307)| ||Net assets||116,659|116,659| ## ##