2023-08-31-accounts

Charity number: 1080704

Harrow Tamil School Association

UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31/08/2023

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Harrow Tamil School Association

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/08/2023

TRUSTEES

Satkunam Senthuran Mathan Mohan Ahilan Sandirasekaram Hema Suganthan Navaratnam Suresh Sanjeev Sivasambu Sachithananathan Senthilvel REGISTERED OFFICE 59 Canterbury Road North Harrow HA1 4PD CHARITY NUMBER 1080704

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Harrow Tamil School Association

ACCOUNTS FOR THE YEAR ENDED 31/08/2023

CONTENTS

		Page
ReportoftheTrustees		3
Independent Examiner's Statement		4
Statement of Financial Activities		5
Balance Sheet		6
Notes totheAccounts	:	71012
DetailedStatementofFinancialActivities		11

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Harrow Tamil School Association

FOR THE YEAR ENDED 31/08/2023 TRUSTEES‘ REPORT

The trustees present their report and accounts for the year ended 31/08/2023 PRINCIPAL ACTIVITIES

The principal activity of the charity in the year under review was provision of Tamil language and Fine Arts teaching .

This report was approved by the Board of Trustees on

en Senthinan Satkunam Senthuran

Trustee

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Harrow Tamil School Association

INDEPENDENT EXAMINER'S STATEMENT

FOR THE YEAR ENDED 31/08/2023

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HARROW TAMIL SCHOOL ASSOCIATION

| report on the accounts of the charity for the year ended 31/08/2023 .

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act’).

| report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

BASIS OF INDEPENDENT EXAMINERS STATEMENT

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINERS STATEMENT

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

«the accounts did not accord with the accounting records; or

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Date: 3
II June oozy
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i AGA ACCOUNTANTS LTD | 102 Beehive Lane | ilford Essex IG4 5EG | 020 8550 4403 ' [e-mail] | www.agatax.co.uk

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Harrow Tamil School Association

	Statement of Financial Activities
	for the year ended 31/08/2023
			2023	2022
	Unrestric Restricte		Total	Total
	ted funds d funds
	£	£	£	£
Income
Income from generated funds
Income from charitable activities	71,893	-	71,893	38,341
Total Income and endowments	71,893	-	71,893	38,341
Expenses
Costs of generating funds
Expenditure on Raised funds	1°75	-	775	-
Expenditure on Charitable activities	67,608	-	67,608	46,903
Total Expenses	69,383	-	69,383	46,903
Netgains on investments
Net Income	2,510	-	2,510	(8,562)
Gains/(losses) on revaluation offixed assests
Net movement in funds:
Net income forthe year	2,510	-	2,510	(8,562)
Total funds brought forward	22,616	-	22616	31,178
Net funds carried forward	25,126	-	25,126	22,616
This statement offinancial activities includes all gains and losses recognised in the year. All income and expenditure
derivefromcontinuingactivities

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Harrow Tamil School Association	Harrow Tamil School Association
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BALANCE SHEETAT 31/08/2023
		2023	2022
	Notes	£	£
FIXED ASSETS
Tangible assets	2	-	503
CURRENTASSETS
Stock		1,100	1,160
Debtors (amounts falling due within one year)	4	8,941	6,515
Cash atbank and in hand		17,957	16,139
		27,998	23,754
CREDITORS: Amounts falling due within oneyear	5	2,872	1,641
NETCURRENTASSETS		25,126	22,113
TOTAL ASSETS LESSCURRENT LIABILITIES		25,126	22,616
CAPITALAND RESERVES
Unrestricted funds	7
General fund		25,126	22,616
		25,126	22,616

For the year ending 31/08/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board of trustees on and signed on their behalf by

Satkunam Senthuran

Trustee

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Harrow Tamil School Association

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31/08/2023

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

1b. Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled tothe income and the amount can be quantified with reasonable accuracy.

1c. Resources Expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

1d. Allocation And Apportionment Of Costs

All costs relate to the single activity of the charitable company and are recognised accordingly.

1e. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.

1f. Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment

straight line 25%

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a Harrow Tamil School Association aee

1g. Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1h. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

2. TANGIBLE FIXED ASSETS

	Equipment	Total
	£	£
Cost
At01/09/2022	2,012	2,012
At31/08/2023	2,012	2,012
Depreciation
At01/09/2022	1,509	1,509
Forthe year	503	503
At 31/08/2023	2,012	2,012
Net Book Amounts
At 31/08/2023	-	-
At 31/08/2022	503	503
3. STOCK	2023	2022
	£	£
Stock comprises:
Stock	1,100	1,100
	1,100	1,100

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Harrow Tamil School Association

4. DEBTORS	2023	2022
	£	£
Amounts falling due within one year:
Trade debtors	3,325	soo
Other debtors	5,616	5,615
	8,941	6,515

§, CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

		2023	2022
		£	£
Other	creditors	2,872	1,641
		2,872	1,641

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6. LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £, to the company should it be wound up. At 31/08/2023 there were members.

7. UNRESTRICTED FUNDS

General fund

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Brought Incoming OutgoingTransfers Carried
forward resource resource forward
s s
£ £ £ £ £
22,616 71,893 (69,383) - 25,126
22,616 71,893 (69,383) - 25,126
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Harrow Tamil School Association

8. RESTRICTED FUNDS

Brought Incoming OutgoingTransfers Carried _ forward resource resource forward s s — fo ECE CEC OE

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Harrow Tamil School Association

Incoming Resources for the year ended 31/08/2023

		2023		2022
		£		£
Incoming resources
Incoming resources from generated funds
Parents’ Contributions
Donations	2,777		1,760
Interest Receivable	70		1
Parents' Contributions	69,021		36,555
Membership fee	25		25
		71,893		38,341
		71,893		38,341
		71,893		38,341

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Harrow Tamil School Association

	Expenses
	fortheyearended 31/08/2023
		2023	2022
		£	£
Expenses
Costs ofgenerating funds
Costs OfGenerating Voluntary Income
Purchases		1,775	-
		1,775	-
		15-
Charitable Activities
Teachers' Expenses		19,050	15,249
Rent and Room Hire		26,628	16,270
Event Costs		19,721	9,506
Insurance		499	435
Bad debts		-	4,460
IT and software		668	-
Stationery & office supplies		482	188
Subscriptions		35	292
Bank charges		22	-
Depreciation ofequipment		503	503
		67,608	46,903
		69,383	46,903

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