COMPANY REGISTRATION NUMBER: 2930365
CHARITY REGISTRATION NUMBER: 1040944
Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2025
AM BUSINESS & ACCOUNTANCY SERVICES LTD
Chartered accountants
6 Westmoreland Street
Harrogate
HG15AT

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
statement of financial position
Notes to the financial statements

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 March 2025
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statemer¢ts of the charity for the year ended 31 March 2025.
Reference and administratlve details
Registered charity name
Halkevi: The Kurdish & Turkish Community Centre
Charlty registratlon number
1040944
Company reglstratlon number 2930365
Prlncipal office and reglstered 31-33 Dalston Lane
offlce
Hackney
London
E8 3DF
The trustee8
Miss E Sarican
Mr A Sinayic
Mr A Almeida
Mr Y Ismailoglu
Mrs O Awosokarne
Company secretary
Mr Y Ismaiolglu
Independent examlner
Asim Manzoor
6 Westmoreland Street
Harrogate
HG15AT

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (continued)
Year ended 31 March 2025
Structure, governance and management
The charity is controlled by its governing document which continues to be its Memorandum and articles
of association. Halkevi.. The Kurdish & Turkish Community Centre constitutes a limited company, limited
by guarantee, as defined by the Companies Act 2006.
Halkevi.. The Kurdish & Turkish Community Centre is 8 membership based charity managed by a
management committee (known as directors). The management committee comprises of up to 7
directors elected by member5 for one year and up to ￿0 directors co-opted by the elected directors. All
must be members of Halkevi.. The Kurdish & Turkish Community Centre and receive no remuneration.
Co-opted directors must stand for election at the AGM following their co-option or may be co-opted
again for one further year. Directors can hold office for a maximum of 10 years from joining the
management committee. The management committee usually meets every month.
Much of the financial management is delegated by Ihe management committee and overall financial
and managerial control is exercised by review of the monthly management data by the management
committee. The trustees have given due consideration to the Charity commission published guidance
on the operation of the public benefit requirements.
Administralion
The charity is registered with the Charity Commission of England & Wales (1040944) as Halkevi.. The
Kurdish & Turkish Community Centre. The charity is registered and incorporated as a limited company,
limited by guarantee (2930365). The registered office of the charity is 31-33 Dalston Lane, Hackney,
London, E8 3DF.
Fund Accounting
Unrestricted funds can be used in accordance with charitable objectlves at the discretion of the trustees.
Restricted funds Can only be used for the particular purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes. Restricted funds in Halkevi refer to grants that specify how the money should be spent.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
Going Concern
In the trustees assessment of the charity's ability to continue its operations, there are no material
uncertainties that may cast significant doubt about the charity's ability to continue as a going concern.

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (￿ntinued)
Year ended 31 March 2025
Objectives and activities
The principle objectives of the charity are set out in the Memorandum and articles of association and
continue to be:
-Provide educational support to Kurdish, Turkish & Cypriot Turkish pupils in North London and increase
access to employment for our local community, and to provide community and business advice and
seminars & Improve community safety, reducing crime and fear of crime by ne￿OrkIng with local
authorities,community safety units,drugs action groups, police and The London Mayors Office.
Encourage active participation in local services & revitalising local democracy-Protect and improve the
environment by actively participating in the local authority efforts-lmprove access to good quality general
advice and immigration l asylum advice I health advice-consult with our community to shape objectives
and services we provide
Vision & Mission
Halkevi.. The Kurdish & Turkish Community Centre's vision is to be a modern and democratic
organisation, working with the Kurdish and Turkish speaking communities to meel their social and
educational needs. To support this vision, the charity's mission is to improve the quality of health, social
economic life, education, immigration and employment for Kurdish and Turkish speaking communities
in the United Kingdom especially London. Halkevi will work independently and proactively to reduce
inequalities in health, society, housing, education, welfare rights, employment opportunities and to
ensure that Kurdish and Turkish Communities receive the type of services that are accessible and
culturally appropriate to their needs.
Strategic report
The following sections for achievements and performance and financial review form the strategic report
of the charity.
Achievements and performance
-Lunch club feeding hundreds throughout the year
-community integration and support services
-Language services
-community space for everyone to use

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (contlnued)
Year ended 31 March 2025
Financial review
The year ending 31 March 2025 generated a surplus of £20,493. In the prior year March 2024 there was
a deficit of £3,655.
Statement of Trustees responsibilities
The trustees (who are also the directors of Halkevi: The Kurdish and Turkish Community Centre for the
purposes of company lawl are responsible for preparing the Trustees Report and the financial
statements in accordance with applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under that
law the trustees have elected to prepare the financial statements in accordance with United Kingdom
Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under company law the trustees must not apprO￿,e the financial statements unless they are satisfied
that they give a true and fair view of the state of affairs of the charitable company and of the statement
of financial activities of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
-select suitable accounting policies and apply them consistently.,
-observe the methods and principles in the Charity SORP.,
-make judgements and estimates that are reasonable and prudent:
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charitable company will continue in business
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charitable company's transactions and disclose with reasonable accuracy al any time the
rinancial position of the charitable company and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitable company and ensuring the asset5 are propedy applied in accordance with charity law and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
-there is not a requirement to obtain an audit
-the trustees have taken all the steps that they ought to have taken to make themselves aware of any
relevant information and to establish that the charitable company's independent examiners are aware
of that information.
Independent Examiner
AM & Company will be proposed for re-appointment at the forthcoming Annual General Meeting. This
report has been prepared in accordance with the special provisions for small companies under Part 15
of the Companies Act 2006 and the Financial Reporting Stsndard IFRS102 Charity SORP) relating to
charitable companies.

Halkevi: The Kurdish & Turkish Community Centre
Company Llmited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2025
The trustees, annual report and the strategic report were approved on
on behalf of the board of trustees by..
and signed
Ms E Sarcan
Trustee
Mr Y Ismailglu
Charity Secrelary

Halkevl: The Kurdish & Turkish Community Centre
Company Llmlted by Guarantee
Independent Examlnerf8 Report to tho Trustees of Halkevi: The Kurdlsh &
Turkish Community Centre
Year ended 31 March 2025
I report lo the trusteas on my examlnation of th8 financial ststemonts of Halkevi: Th8 Kurdish & Turki8h
Communlty Centre {'the charity,) for the yoar ond(4d 31 March 2025.
Rosponslbllltl•s and basls of rnport
As the Irustees of the company {and also its (lirectors for the purposos of company law) you are
r8sponsible for the prep8ration of the financial statements in accordance wlth the requirements of the
Compani8s Act 2006 ('the 2006 AGt').
Having satisfied myself that the 8ccounts of the company are not required to be audlted under Part 16
of the 2006 Act and are eligible for Independent &xamSnatlon, I report in raspecl of my examination of
the charity's accounts as CArried out under sectlon 145 of the Charlties Act 2011 ('the 2011 Act,). In
eArrylng out my examination I have followed thÉi Directions given by the Charity Commlssion under
section 145151(b} of the 2011 Act.
Independent gxamln•rfs ststgment
I have Completed my examination. l Mnfirm that no matters hav8 come to my attention in connectlon
with the examination gNing me cause to believe.
accountlng records were not kept In r8spect of the charity as requiTBd by section 386 of the
2006 Act; or
the financial statements do not accord with those r8cords,' or
the financi81 st8tements do not ￿mplY INith the accountlng requirements of sectbn 396 of the
2006 Act other than any requirement that Iha accounts give a 'true and fairf view vhlch is not
a matter considered as part of an Independent examination; or
the financial ststements h8ve not been prepared in arxordance wlth the methods and
principles of the Statement of RecorThmended Practice for accounting and reporting by
charities applicable to charities preparing their ac£ounts In accordance wth the Financi81
Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021.
I have no concems and have come across no
thar mattars In connectlon the examination to which
attention should be drawn in thls report in or
tci enable a proper understanding of the accounts to b8
reached.
Asim Manzoor
Independent Examiner
6 Westmoreland Street
Ha￿Ogate
HG1 SAT

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2025
2025
Unrestricted
funds Total funds
2024
Total funds
Note
Income and endowments
Donations and legacies
Charitable activities
Investment income
25,089
144,753
48
25,089
144,753
48
18,430
95,704
Total income
169,890
169,890
114,140
Expenditure
Expenditure on charitable activities
Total expenditure
149,397
149,397
117,795
149,397
149,397
117,795
Net incomel{expenditure) and net movement in funds
20,493
20,493
(3,6551
Reconciliation of funds
Total funds brought foward
Totsl funds carried forward
128,243
128,243
131,898
148,736
148,736
128,243
The statement of fsnancial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 9 to 17 form part of these financial statements.

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Statement of Financial Position
31 March 2025
2025
2024
Note
Flxed assets
Tangible fixed assets
14
385,398
397,821
Current assets
Cash at bank and in hand
5,650
2,834
Credltors: amounts falling due within one year
Net current liabilities
15
49,449
43,799
341,599
51,025
48,191
Total assets less current Ilabllities
349,630
Creditor5: amounts falling due after more than one year
Net assets
16
192,863
221,387
148,736
128,243
Funds of the charity
Unrestricted funds
148,736
128,243
Total charity funds
19
148,736
128,243
For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the company to obtain an audit of its financial statements for the
year in queslion in accordance with section 476.,
The directors acknowledge their responsibilitie5 for complying with the requirements ofthe Actwith
respect to acLounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 15 May
2024. and are signed on behalf of the board by:
Mr Y Ismailglu
Charity Secretary
Ms E Sarcan
Trustee
The notes on pages 9 to 17 form part of these financial statements.

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2025
General inforniation
The charity is a public benefit entity and a private company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the registered
office is 31-33 Dalston Lane, Hackney, London, E8 3DF.
statement of compliance
These financial statements have been prepared in compliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP IFRS 1021) and the Companies Act 2006.
Accounting pollcies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial stalements are prepared in sterling, which is the functional currency of the entily.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptlons
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102 (Charity SORP).
As a result the entity does not need to provide a cash flow statement and supporting notes.
(a) No cash flow statement has been presented for the company.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through
the terms of an appeal, and fall into one of sub-classes: restricted income funds or endowment
funds.

Halkevi: The Kurdish & Turkish Cornmunity Centre
Company Limited by Guarantee
Notes to the Financial Statements (eontlnued)
Year ended 31 March 2025
Accounting policies (¢ontlnued)
Incoming resources
All incoming reSoU￿eS are included in the statement of financial activities when entitlement has
passed to the charity,. it is probable thal the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income..
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
Income from donated goods Is measijred at the fair value of the goods unless this is
Impractlcal to measure reliably, in which case the value is derived from Ihe cost to the donor
or the estimated resale value. Donated facilities and services are recognised In the accounts
when received if the value can ba rellably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it lo be spent on a particular purpose and returned if unspenl, in which case
il may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of Ihe statement of financial
activities to which it relates-
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the sal& of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support COSts and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity
nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to Ihat activity- Shared costs are apportioned
be￿een the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated
depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded
at the fair value at the date of revaluation less any subsequent accumulated depreciation and
subsequent accumulated impairmenl10sses.
10

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
Accounting policies fcontlnuedj
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the stalement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,
over the useful economic life of that asset as follows:
Long leasehold property
Short leasehold property
Fixtures and fittings
Equipment
Straightline of life of lease 40 years
Straightline of life of lease 40 years
25 % reducing balance
250/0 reducing balance
Impairment of fixed assets
A review for indicators of impaimient is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount
of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit
to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets
that includes the asset and generates cash inflows that largely independent of the cash inflows
from other assets or groups of assets.
For impairment testing of goodwill. the goodwill acquired in a business combination is, from the
acquisition date. allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are
not recognised until there is reasonable assurance that the charity will comply with the conditions
attaching to them and the grants will be received.
Where the grant does not impose specified future perfomance-related conditions on the recipient.
it is recognised in income when the granl proceeds are received or receivable. Where the grant
does impose specified future performance-related conditions on the recipient, it is recognised in
income only when the performance-related conditions have been met. Where grants received are
prior to satisfying the revenue recognition criteria, they are recognised as a liability.
11

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (Gontinuedj
Year ended 31 March 2025
Accounting policies (eontlnuod)
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a paty to the
contractual provisions of the instrument.
Basic financial instrumenls are initially recognised at the amount receivable or payable including
any related transaction costs,
Current assets and current liabilities are subsequently measured at the cash or other consideration
expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All otlier such investments are subsequently measured at
cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Otherfinancial instruments are subsequently measured at fair value, with any changes recognised
in the statement of financial activities, with the exception of hedging instruments in a designated
hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial activities
in which the initial gain was recognised.
For all equity instruments regardless of signifirance, and other financial assets that are individually
significant, these are assessed individually for impairment. Other financial assets are either
assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impaiment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset Ihal exceeds what the carrying amount would
have been had the impaimient not previously been recognised.
Llmlted by guarantee
The Charitable Company is limited by guarantee of its members.
12

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Notes to the Financial Statements {contlnu•d)
Year ended 31 March 2025
Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Donations
Donations
2,256
2,256
1,977
1,977
Grants
Grants receivable
Capital grant release
20,979
1,750
20,979
1,750
14,603
1,750
14,6Q3
1,750
Subscrlptlons
Membership income
104
104
100
100
25,089
25,089
18,430
18,430
Charltable actlvltlos
Unrestricted Total Funds Unrestricted Tolal Funds
Funds
2025
Funds
2024
Investment Rental income
Olher
Room & hall hire
33,715
53,246
57,792
33,715
53,246
57,792
32,609
22,314
40,781
32,609
22,314
40,781
144,753
144.753
95,704
95,704
Investment incom•
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Bank interesi
48
48
Expenditure on charltable activities by fund type
Unrestricted Total Funds Unreslricted Total Fund5
Funds
2025
Funds
2024
Running of community centre
Support costs
125,091
24,306
125,091
24,306
97,377
20.418
97,377
20,418
149,397
149,397
117,795
117,795
13

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Expenditure on charitable activitles by activlty type
Activities
undertaken
directly Support costs
Total funds
2025
Total fund
2024
Running of community centre
Governance costs
125,091
125,091
24,306
97,377
20,418
24,306
125,091
24,306
149.397
117,795
10. Net Incomel(expenditure)
Net incomel(expenditure) is stated after chargingl{crediting):
2025
2024
Depreciation of tangible fixed assets
15,110
14,119
11. Independent examination fees
2025
2024
Fees payable to the independent examiner for..
Independent examination of the financial statements
Other financial services
900
900
900
900
1,800
1,800
12. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2025
2024
Wages and salaries
19,346
19,749
The average head COLJnt of employees during the year was Nil12024'. Nil). The average number of
full-time equivalent employees during the year is analysed as follows..
2025
2024
No.
Centre staff
Management team
No employee received employee benefit5 of more than £60.000 during the year (2024: Nil).
13. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees.
14

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
14. Tangible fixed assets
Long
Short
leasehold leasehold Fixtures and
propety
property
fittings Equipment
Totsl
Cost
At 1 April 2024
Additions
558,110
8,812
17,178
1,688
3.827
999
587,927
2,687
At 31 March 2025
558,110
8,812
18,866
4.826
590,614
Depreclatlon
At 1 April 2024
Charge for the year
At 31 March 2025
167,076
13,953
2,494
368
17,178
422
3,358
367
190,106
15,110
181,029
2,862
17,600
3.725
205,216
Carrying amounl
At 31 March 2025
377,081
5,950
1,266
1,101
469
385,398
397,821
At 31 March 2024
391,034
6,318
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 of the
lease. The Secretary of Health who has a flxed legal charge over the lease in security for amounts
borrowed. Please see long term creditors. Within tangible fixed assels there is £70.000 of capital
grant funding provided by Hackney council to extend and refurbish the community centre and has
therefore been treated as r8Strict8d 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.
15. Credltors: amounts falling due withln one year
2025
2024
Trade creditors
Accruals and deferred income
Social security and other taxes
1,799
47,250
400
1,801
49,000
224
49,449
51,025
16. Credltors: amounts falllng due after more Ihan one year
2025
2024
Bank loans and overdrafts
192,863
221,387
The Loan from SEIF comprises of a capital amount of £192.863 at the year end and interest
accrued on the loan payable at the year-end for 31 March 2025 was £8,048 and for 31 March 2024
was £13.882 respectively.
15

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
17. Deferred income
2025
2024
At 1 April 2024
Amount released to income
49,000
(1,750)
47,250
50,750
(1,7501
49,000
At 31 March 2025
18. Government grants
The amounts recognised in the financial statements for government grants are as follows..
2025
2024
Recognised in creditors..
Deferred government grants due within one year
Recognised in income from donations and legacies..
Government grants income
49,000
50,750
1,750
1.750
19. Analysis of charltable funds
Unrestrlcted funds
Al
1 April 2024
At
Income Expendlture 31 Mar 2025
General funds
128,243
169,890
(149,397)
148.736
At
1 April 2023
At
Income Expenditure 31 Mar 2024
General funds
131,898
114,140
(117,795)
128,243
20. Charges on assets
The charity has committed to refurbishing and extending to the community centre along 31-35
Dalston Lane commencing work in 2010. This expenditure was initially supported through small
Interest free loans from friends of the community centre. Total spend wa5 £566,922 which was
partly financed with a 19 year loan term of £365,230 with the Secretary of Health. As a result of
this a fixed legal charge has been placed over the lease agreement with The London Borough of
Hackney for the premises of 31-35 Dalston Lane until its repayment.
16

Halkevi: The Kurdish & Turkish Community Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
21. Other financial commitments
The charity has committed to a short term lease on the 6 April 2011 be￿en itself and The London
Borough of Hackney for the premises of The Community Centre 31-33 Dalston Lane for a further
40 years. This lease will commence at an initial rent of £5,000 per annum and increasing by £5,000
thereafter every 5 years until April 2026. A long term loan agreement is in place wilh The Secretary
of Health for £365,230 over a 19 year period at an initial interest rate of 6 % secured on the lease
of the building. The total amount owed to the Secretary of Health is £192.863 at the year end.
22. Related parties
There were no related parties transactions during course of year.
17