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|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|
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|Registered|charity name|London
Alevi Cultural|Centre And Cem Evi|
|---|---|---|---|
|Charity number||1041394||
|Charity Address||19Clarendon
Road||
|||Hornsey||
|||London||
|||N8 ODD||
|Trustees||Ibrahim
HAS||
|||Seyful la h SONMEZ||
|||Hasret
BOZDOGAN||
|Accountant||United Accountancy|And Co Limited|
|||T/A Certax Accounting||
|||8 Clock House Parade||
|||North Circular Road||
|||LondonN13
6BG||
|Bankers||Barclays Pic||
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||||||Unrestricted||Restricted|Total Funds|Total Funds|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Funds||Funds||2023||2022|
||||Note||f||f||E||f|
|Incoming resources||||||||||||
|Voluntary
income|||||186,360||||186,360||122,112|
|Activities for generating|funds||||345,751||||345,751||147,858|
|Total incoming
resources|||||532,111||||532,111||269,970|
|Incoming resources from||||||||||||
|generating
funds:||||||||||||
|Resources expended||||||||||||
|Costs ofgenerating
funds:||||||||||||
|Cost ofgenerating
Voluntary||Income||||||||||
|Fundraising
trading:||||||||||||
|Cost ofgoods sold and other||costs|5|—|158,757|-|40,838|—|199,595|-|79,370|
|Other resources expended|||6|—|3,450||||3,450|-|1,500|
|Governance
costs (less ofdepreciation)|||7|—|201,087||||201,087|—|96,195|
|Total resources expended|||||363,294|-|40,838|—|404,132|-|177,065|
|Fund Surplus/Deficit|||||168,817|—|40,838||121,276||92,905|
|Total funds brought
forward|||8||1,213,718||689,248||1,902,966||121,276|
|Total funds carried forward|||||1,375,832||648,410||2,024,242||1,902,966|
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||||Unrestricted|Restricted||||
|---|---|---|---|---|---|---|---|
||||Total|Total|2023||2022|
|||Note|Funds|Funds|Funds||Funds|
||||E|E|f||E|
|Fixed Assets||10||||||
|Tangible Assets|||1,918,696|675,210|2,593,906||2,600,609|
|Current Assets||||||||
|Debtors|||||||2,688|
|Cash at bank and in hand|||108,769||108,769||24,969|
||||2,027,465|675,210|2,702,675||2,628,266|
|Current
Liabilities:||12||||||
|Creditors,
bank overdraft|and accruals|||||||
|(Amounts
Falling due Within One Year)|||85,943||85,943|-|99,808|
|Net current assets (liabilities)|||22,826||22,826|—|74,839|
|Total assets less current|liabilities||1,941,522|675,210|2,616,732||2,528,458|
|Long term liabilities:||||||||
|Amounts
Falling due after||||||||
|More than One Year|||-592,490|0|-592,490||-625,492|
|Net assets|||1,349,032|675,210|2,024,242||1,902,966|
|Fund Balance||||||||
|Restricted income funds||14||648,410|648,410||689,248|
|Unrestricted
income funds||15|1,375,832||1,375,832||1,213,718|
|Total funds|||1,375,832|648,410|2,024,242||1,902,966|
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|||||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|2023|2022|
|||||||f|f|f|f|
|Donations|and|Charity||||149,814||149,814|17,357|
|Community|Development|||||16,746||16,746|46,936|
|Subscriptions||and Membership||||19,800||19,800|57,819|
|||||||186,360||186,360|122,112|
|3.Incoming|resources||from charitable||activities|||Total|Total|
||||||||Unrestricted|Funds|Funds|
||||||||Funds|2023|2022|
||||||||f|E|E|
|Funeral funds|||||||59,995|59,995|35,505|
|Charitable|activities income||||||59,310|59,310|15,657|
|Counselling|Sports &||Education||||44,164|44,164|18,439|
|Rental income|||||||75,000|75,000|44,107|
|Community|special event income||||||102,148|102,148||
|Covid-19 grants received|||||||5,134|5,134|34,150|
||||||||345,751|345,751|147,858|
|4.Costs of|Generating||Voluntary|Income||||||
||||||||Unrestricted|Total Funds|Total Funds|
||||||||Funds|2023|2022|
||||||||E|E|E|
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|||||||Tata I Costs|Total Costs|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|2023|2022|
|||||f|f|f|f|
|Purchases||||20,790||20,790|24,497|
|Community|Events|and Activities||10,259||10,259|14,217|
|Special Events Expenses||||64,954||64,954|540|
|Project Management||Costs||50,329||50,329||
|Education|Support||||40,838|40,838|24,316|
|Funeral||||12,425||12,425|15,800|
|||||158,757|40,838|199,595|79,370|
|6.Support|Costs|||||||
|||||Activities|Grant|||
|||||Undertaken|Funding|Total Costs|Total Costs|
|||||Directly|Activities|Funds 2021|2020|
|Costs ofgenerating||Voluntary|Income|3,450||3,450||
##
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||Unrestricted|Restricted|Tota I Costs|Tota I Costs|
|---|---|---|---|---|
||Funds|Funds|2023|2022|
||||f||
|Accountancy
fees|2,400||2,400|1,900|
|Advertising
and PR|119||119|1,463|
|Bank charge|1,287||1,287|571|
|Cleaning|450||450|744|
|Depreciation|6,703||6,703|8,378|
|Donations to causes|59,435||59,435|4,950|
|Equipment
expensed|1,960||1,960|6,492|
|Equipment
hire|802||802|802|
|Insurance|5,701||5,701|5,503|
|Mortgage interest|29,661||29,661|18,846|
|Motor expenses|122||122|290|
|Other legal and prof|156||156|200|
|Postage||||56|
|Premises costs (Inc. Light &Heat)|33,202||33,202|19,768|
|Rates|2,688||2,688|2,182|
|Repairs and maintenance|4,618||4,618|9,755|
|Salaries and wages|38,214||38,214|13,590|
|Service charges|10,681||10,681||
|Software|100||100|1,188|
|Staff training
&welfare|28||28||
|Stationery
and printing|1,749||1,749|2,632|
|Subscriptions|80||80|80|
|Sundry|892||892|202|
|Telephone
and fax|3,416||3,416|4,483|
|Travel and subsistence|3,326||3,326|498|
||207,790||207,790|104,573|
||||2023|2022|
|8.Net incoming resources for the year|||f|f|
|This is stated after charging:|||168,817|117,221|
|depreciation|||||
||||2023|2022|
|9.Staff costs and emoluments|||E|E|
|Total staff costs were as follows:|||38,214|13,590|
|Wages and salaries|||||
##
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|10.Tangible
Fixed Assests|||||||||
|---|---|---|---|---|---|---|---|---|
||||||Equipment||||
||Freehold|Leasehold|improvement|||Fixtures &|||
||Property|Property|to Property|Vehicles||Fittings||Total|
||f|f|E|f||E||f|
|Cost at 1April 2022|2,435,154|53,855|78,086|2,500||105,804||2,675,399|
|Additions|||||||||
|At 31March 2023|2,435,154|53,855|78,086|2,500||105,804||2,675,399|
|Depreciation|||||||||
|At 1April 2022||||1,220|-|?3,570|—|74,790|
|Charge for the year||||256|-|6,447|-|6,703|
|At 31March 2023||||1,476|—|80,017|—|81,493|
|Net book value|||||||||
|At 31March 2022|2,435,154|53,855|78,086|1,280||32,234||2,600,609|
|At 31March 2023|2,435,154|53,855|78,086|1,024||25,787||2,593,906|
|11.Current Assets||||||2023||2022|
|||||||f||E|
|Cash at bank and in hand||||||108,769||24,969|
|Debtors||||||||2,688|
|||||||108,769||27,657|
##
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||||||2023|2022||
|---|---|---|---|---|---|---|---|
||||||f|f||
|Bank Loans and Other creditors|||||-85,943|-99,808||
|13. Creditors: Amounts|||falling due after more than one year|||||
||||||2023|2022||
||||||f|f||
|Bank and|other loans||||-592,490|-625,492||
|14. Restricted income funds||||||||
|||||Balance at|Resources|Balance at||
|||||01-Apr-22|Utilized|31-Mar-23||
|||||f|f|f||
|Restricted|Funds|||689,248|-40,838|648,410||
|15. Unrestricted||income|funds|||||
|||||Balance at|Resources|Balance at||
|||||01-Apr-22|Utilized|31-Mar-23||
|||||f|f|f||
|General
Funds||||1,213,718|168,817|1,382,535||
|16.Analysis ofnet assets|||between|||||
|funds||||||||
||||||Current|Long term||
|||||Assets|Liabilities|Liabilities|Total Fund|
||||||f|f|f|
|Restricted|Income Funds:|||||||
|Restricted|Funds|||675,210|0|0|675,210|
|Unrestricted
Income Funds||||2,027,465|-85,943|-592,490|1,349,032|