| Contents | Page | ||
|---|---|---|---|
| Members ofthe Board | and Professional | Advisers | 1 |
| Trustees Annual Report |
2-5 | ||
| Independent Examiner's |
Report | ||
| Statement of Financial Activities | |||
| Balance sheet | |||
| Notes to the Financial Statements | 9-14 |
| Registered | charity name | London Alevi Cultural | Centre And Cem Evi |
|---|---|---|---|
| Charity number | 1041394 | ||
| Charity Address | 19Clarendon Road |
||
| Horn sey | |||
| London | |||
| NS ODD | |||
| Trustees | Filiz KOC | ||
| Sibel OZCELIK | |||
| Ibrahim HAS |
|||
| Aylin SARICA | |||
| Accountant | United Accountancy | And Co Limited | |
| T/A Certax Accounting | |||
| 8 Clock House Parade | |||
| North Circular Road | |||
| LondonN13 6BG | |||
| Bankers | Barclays Plc |
| Unrestricted | Restricted | Total Funds | Total Funds | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||||||
| Note | f | f | f | f | ||||||
| Incoming resources | ||||||||||
| Voluntary income |
122,112 | 122,112 | 342,820 | |||||||
| Activities for generating | funds | 147,858 | 147,858 | 267,348 | ||||||
| Total incoming resources |
269,970 | 269,970 | 610,168 | |||||||
| Incoming resources | from | |||||||||
| generating funds: |
||||||||||
| Resources expended | ||||||||||
| Costs ofgenerating | funds: | |||||||||
| Cost ofgenerating | Voluntary | Income | ||||||||
| Fundraising trading: |
||||||||||
| Cost ofgoods sold | and other costs | 5 | 55,054 | - | 24,316 - | 79,370 | - | 156,745 | ||
| Other resources expended | 6 | 1,500 | 1,500 | |||||||
| Governance costs (less ofdepreciation) |
7 | 96,195 | 96,195 | - | 96,021 | |||||
| Total resources expended | 152,749 | — | 24,316 - | 177,065 | - | 252,766 | ||||
| Fund Surplus/Deficit | 117,221 | — | 24,316 | 84,527 | 357,402 | |||||
| Total funds brought | forward | 8 | 1,104,875 | 713,564 | 1,818,439 | 84,527 | ||||
| Total funds carried | forward | 1,213,718 | 689,248 | 1,902,966 | 1,818,439 |
| Unrestricted | Restricted | ||||||
|---|---|---|---|---|---|---|---|
| Total | Total | 2022 | 2021 | ||||
| Note | Funds | Funds | Funds | Funds | |||
| E | E | E | E | ||||
| Fixed Assets | 10 | ||||||
| Tangible Assets | 1,493,667 | 1,106,942 | 2,600,609 | 2,586,032 | |||
| Current Assets | |||||||
| Debtors | 2,688 | 2,688 | |||||
| Cash at bank and in hand | 24,969 | 24,969 | 27,684 | ||||
| 1,521,324 | 1,106,942 | 2,628,266 | 2,613,716 | ||||
| Current Liabilities: |
12 | ||||||
| Creditors, bank overdraft |
and accruals | ||||||
| (Amounts Falling due Within One Year) |
99,808 | 99,808 | — | 118,414 | |||
| Net current assets (liabilities) | 74,839 | 74,839 | - | 90,730 | |||
| Total assets less current | liabilities | 1,421,516 | 1,106,942 | 2,528,458 | 2,495,302 | ||
| Long term liabilities: | |||||||
| Amounts Falling due after |
|||||||
| More than One Year | -625,492 | 0 | -625,492 | -676,863 | |||
| Net assets | 796,024 | 1,106,942 | 1,902,966 | 1,818,439 | |||
| Fund Balance | |||||||
| Restricted income funds | 14 | 689,248 | 689,248 | 713,564 | |||
| Unrestricted income funds |
15 | 1,213,718 | 1,213,718 | 1,104,875 | |||
| Total funds | 1,213,718 | 689,248 | 1,902,966 | 1,818,439 |
| Unrestricted | Restricted | Total Funds | Total Funds | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||||||
| f | f | f | f | |||||||
| Donations | and | Charity | 17,357 | 17,357 | 325,598 | |||||
| Community | Development | 46,936 | 46,936 | 3,752 | ||||||
| Subscriptions | and | Membership | 57,819 | 57,819 | 13,470 | |||||
| 122,112 | 122,112 | 342,820 | ||||||||
| 3.Incoming | resources | from charitable | activities | Total | Total | |||||
| Unrestncted | Funds | Funds | ||||||||
| Funds | 2022 | 2021 | ||||||||
| f | E | f | ||||||||
| Funeral funds | 35,505 | 35,505 | 77,010 | |||||||
| Charitable | activities income | 15,657 | 15,657 | 7,504 | ||||||
| Counselling | Sports | 8 | Education | 18,439 | 18,439 | 5,593 | ||||
| Rental income | 44,107 | 44,107 | 57,714 | |||||||
| Community specia I event income Covid-19 grants received |
34,150 | 34,150 | 26,250 93,277 |
|||||||
| 147,858 | 147,858 | 267,348 | ||||||||
| 4.Costs of | Generating | Voluntary | Income | |||||||
| Unrestricted | Total Funds | Total Funds | ||||||||
| Funds | 2022 | 2021 | ||||||||
| f | E | f |
| Total Costs | Tata | I Costs | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | |||||
| f | f | f | f | |||||
| Purchases | 24,497 | 24,497 | 8,605 | |||||
| Community | Events | and Activities | 14,217 | 14,217 | 2,177 | |||
| Specia I Events Expenses |
540 | 540 | 34,690 | |||||
| Project Management | Costs | 80,661 | ||||||
| Education | Support | 24,316 | 24,316 | 10,842 | ||||
| Funeral | 15,800 | 15,800 | 19,770 | |||||
| 55,054 | 24,316 | 79,370 | 156,745 | |||||
| 6.Support | Costs | |||||||
| Activities | Grant | |||||||
| Undertaken | Funding | Total Costs | Total Costs | |||||
| Directly | Activities | Funds 2021 | 2020 | |||||
| Costs ofgenerating | Voluntary | Income | 1,500 | 1,500 |
| Unrestricted | Restricted | Total | Costs | Total | Costs | ||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | ||||
| f | |||||||
| Accountancy fees |
1,900 | 1,900 | 2,400 | ||||
| Advertising | and PR | 1,463 | 1,463 | 1,354 | |||
| Banl& charge | 571 | 571 | 659 | ||||
| Cleaning | 744 | 744 | 783 | ||||
| Depreciation | 8,378 | 8,378 | 4,734 | ||||
| Donations to causes | 4,950 | 4,950 | 8,540 | ||||
| Equipment | expensed | 6,492 | 6,492 | 6,257 | |||
| Equipment | hire | 802 | 802 | 802 | |||
| Insurance | 5,503 | 5,503 | 6,122 | ||||
| Mortgage Interest |
18,846 | 18,846 | 20,118 | ||||
| Motor expenses | 290 | 290 | 281 | ||||
| Other legal and prof | 200 | 200 | |||||
| Postage | 56 | 56 | 400 | ||||
| Premises costs (Inc. Light 5 Heat) | 19,768 | 19,768 | 14,930 | ||||
| Rates | 2,182 | 2,182 | 372 | ||||
| Repairs and | maintenance | 9,755 | 9,755 | 4,771 | |||
| Salaries and | wages | 13,590 | 13,590 | 9,673 | |||
| Service charges | 9,167 | ||||||
| Software | 1,188 | 1,188 | 249 | ||||
| Staff training | S.welfare | 534 | |||||
| Stationery and printing |
2,632 | 2,632 | 2,882 | ||||
| Subscriptions | 80 | 80 | 1,138 | ||||
| Sundry | 202 | 202 | 146 | ||||
| Telephone and fax |
4,483 | 4,483 | 4,300 | ||||
| Travel and subsistence | 498 | 498 | 143 | ||||
| 104,573 | 104,573 | 100,755 | |||||
| 2022 | 2021 | ||||||
| 8.Net incoming resources for the year | E | E | |||||
| This is stated after charging: | 117,221 | 113,755 | |||||
| depreciation | |||||||
| 2022 | 2021 | ||||||
| 9.Staff costs | and emoluments | f | E | ||||
| Total staff | costs were as follows: | 13,590 | 9,673 | ||||
| Wages and | salaries |
| 10.Tangible Fixed Assests | ||||||||
|---|---|---|---|---|---|---|---|---|
| Equipment | ||||||||
| Freehold | Leasehold | Improvement | Fixtures & | |||||
| Property | Property | to Property | Vehicles | Fittings | Total | |||
| f | f | f | f | f | f | |||
| Cost at 1April 2021 | 2,435,154 | 53,855 | 78,086 | 2,500 | 82,849 | 2,652,444 | ||
| Additions | 22,955 | 22,955 | ||||||
| At 31March 2022 | 2,435,154 | 53,855 | 78,086 | 2,500 | 105,804 | 2,675,399 | ||
| Depreciation | ||||||||
| At 1April 2021 | 900 | — | 65,512 | - | 66,412 | |||
| Charge for the year | 320 | — | 8,058 | - | 8,378 | |||
| At 31March 2022 | 1,220 | — | 73,570 | — | 74,790 | |||
| Net book value | ||||||||
| At 31March 2021 | 2,435,154 | 53,855 | 78,086 | 1,600 | 17,337 | 2,586,032 | ||
| At 31March 2022 | 2,435,154 | 53,855 | 78,086 | 1,280 | 32,234 | 2,600,609 | ||
| 11.Current Assets | 2022 | 2021 | ||||||
| f | f | |||||||
| Cash at bank and in hand | 24,969 | 27,684 | ||||||
| Debtors | 2,688 | |||||||
| 27,657 | 27,684 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| f | f | ||||||
| Bank Loans and | Other creditors | -99,808 | -118,414 | ||||
| 13. Creditors: Amounts | falling due after more than one year | ||||||
| 2022 | 2021 | ||||||
| E | f | ||||||
| Bank and | other loans | -625,492 | -676,863 | ||||
| 14. Restricted income funds | |||||||
| Balance at | Resources | Balance at | |||||
| 01-Apr-21 | Utilized | 31-Mar-22 | |||||
| f | f | f | |||||
| Restricted | Funds | 713,564 | -24,316 | 689,248 | |||
| 15. Unrestricted | income | funds | |||||
| Balance at | Resources | Balance at | |||||
| 01-Apr-21 | Utilized | 31-Mar-22 | |||||
| f | f | f | |||||
| General Funds |
1,104,875 | 117,221 | 1,222,096 | ||||
| 16.Analysis ofnet assets | between | ||||||
| funds | |||||||
| Current | Long term | ||||||
| Assets | Liabilities | Liabilities | Total Fund | ||||
| f | f | f | |||||
| Restricted | Income Funds: | ||||||
| Restricted | Funds | 1,106,942 | 0 | 0 | 1,106,942 | ||
| Unrestricted Income Funds |
1,521,324 | -99,808 | -625,492 | 796,024 |