||Page|Page|| |---|---|---|---| |Reference and Administrative
Details|||| |Report ofthe Trustees|2|to|16| |Report ofthe Independent
Auditors|17|to|20| |Statement ofFinancial Activities||21|| |Statement ofFinancial Position||22|| |Statement ofCash Flows||23|| |Notes to the Statement ofCash Flows||24|| |Notes to the Financial Statements|25|to|33| |Detailed Statement ofFinancial Activities|34|to|35| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||2021|2020| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Total| ||||||fund|fund|funds|funds| |||||Notes||f.||| |INCOME|AND ENDOWMENTS||FROM|||||| |Donations|and legacies|||2|249,726||249,726|80,992| |Other trading activities|||||1,107,506||1,107,506|1,095,068| |Investment|income||||13,928||13,928|47,362| |Other income||||||||484| |Total|||||1,371,160||1,371,160|1,223,906| |EXPENDITURE ON||||||||| |Raising funds||||5|238,140||238,140|80,561| |Charitable|activities|||||||| |Ward grant|budget||||1,992||1,992|| |Old peoples|project||||186||186|991| |Festival expenses|||||2,649||2,649|908| |General||||||||1,334| |Homeless|||||200||200|| |Kickstart|||||556||556|| |Covid-19|||||30,266||30,266|| |Other|||||1,003,446||1,003,446|1,158,357| |Total|||||1,277,435||1,277,435|1,242,151| |NET INCOME/(EXPENDITURE)|||||93,725||93,725|(18,245)| |RECONCILIATION||OF FUNDS||||||| |Total funds|brought|forvvard|||674,832||674,832|693,077| |TOTAL FUNDS CARRIED FORWARD|||||768,557||768,557|674,832| ## |||||2021|2020| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| ||Notes|fund|fund
f|funds|funds
f| |FIXEDASSETS
Tangible assets|12|113,177||113,177|133,197| |CURRENT ASSETS
Debtors
Cash at bank and in hand|13|623,007
247,560||623,007
247,560|507,939
158,617| |||870,567||870,567|666,556| |CREDITORS
Amounts
falling due within one year|14|(165,187)||(165,187)|(124,921)| |NET CURRENT ASSETS||705,380||705,380|541,635| |TOTAL ASSETSLESS CURRENT
LIABILITIES||818,557||818,557|674,832| |CREDITORS|||||| |Amounts
falling due atter more than one
year|15|(50,000)||(50,000)|| |NET ASSETS||768,557||768,557|674,832| |FUNDS
Unrestricted
funds|17|||768,557|674,832| |TOTAL FUNDS||||768,557|674,832| |||||2021|2020| |---|---|---|---|---|---| ||||Notes|f|| |Cash flows from operating|activities||||| |Cash generated
I'rom operations|||I|35,430|(122,306)| |Interest paid|||||(762)| |Net cash provided
by/(used|in)|operating|activities|35,430|(123,068)| |Cash ilows from investing|activities||||| |Purchase oftangible
fixed assets|||||(969)| |Net cash provided
by/(used|in)|investing|activities||(969)| |Cash flows from financing|activities||||| |New loans in year||||50,001|| |Net cash provided
by financing||activities||50,001|| |Change
in cash and cash equivalents|||||| |in the reporting
period||||85,431|(124,037)| |Cash and cash equivalents|at|the|||| |beginning
ofthe reporting|period||2|158,617|282,654| |Cash and cash equivalents|at|the end|||| |ofthe reporting
period||||244,048|158,617| ## |RECONCILIATION
OF NET INCOME/(E
OPERATING ACTIVITIES|XP|ENDITURE)
TONE|T CASH FLOW|FROM| |---|---|---|---|---| ||||2021|2020| ||||f|f| |Net income/(expenditure)
for the reporting
Statement of Financial Activities)|period (as per the||93,725|(18,245)| |Adjustments
for:
Depreciation
charges
Interest paid
Increase in debtors
Increase/(decrease)
in creditors|||20,019
(115,068)
36,754|22,149
762
(117,067)
(9,905)| |Net cash provided
by/(used
in) operations|||35,430|(122,306)| |ANALYSIS OF CASH AND CASH EQUIVALENTS|||2021|2020| |Cash in hand
Notice deposits (less than 3 months)|||271
247,289|685
157,932| |OverdraAs
included
in bank loans and overdraAs||falling due within||| |one year|||(3,512)|| |Total cash and cash equivalents|||244,048|158,617| |ANALYSIS OF CHA|NGES IN NET FUND|S||| |---|---|---|---|---| |||At 1/4/20|Cash flow|At 31/3/21| |Net cash
Cash at bank and in hand
Bank overdraA||158,617|88,943
(3,512)|247,560
(3,512)| |||158,617|85,431|244,048| |Debt
Debts falling due after|1 year||(50,000)|(50,000)| ||||(50,000)|(50,000)| |Total||158,617|35,431|194,048| ## ## ## ## ## ## ## ## ## ## ## ||||2021|2020| |---|---|---|---|---| |Donations||||341| |Grants|||249,726|70,693| |Exceptional|items|- Festival||9,958| ||||249,726|80,992| ||Grants received, included
in the above, are as follows:||| |---|---|---|---| |||2021|2020| ||All other grants
Other grants|(7,341)
257,067|66,870
3,823| |||249,726|70,693| |3.|OTHER TRADING ACTIVITIES|2021|2020| ||Income - care|1,107,506|1,095,068| ## ## ||for the year ended 31Marc|for the year ended 31Marc|for the year ended 31Marc|h 2021|| |---|---|---|---|---|---| |4.|INVESTMENT INCOME||||| |||||2021|2020| |||||f|| ||Restaurant|hire|||17,035| ||OBiceroom hire|||13,928|30,327| |||||13,928|47,362| |5.|RAISING|FUNDS|||| ||Raising donations||and legacies||| |||||2021|2020| ||Supportcosts|||7,101|6,354| ||Other trading
activities||||| |||||2021|2020| ||Bad debts|||(493)|758| ||Direct care|provision|exps.|231,532|67,118| ||Support costs||||6,331| |||||231,039|74,207| ||Aggregate|amounts||238,140|80,561| |6.|CHARITABLE ACTIVITIES COSTS||||| ||||||Support| ||||||costs (see| ||||||note 7)| ||Ward grant|budget|||1,992| ||Old peoples|project|||186| ||Festival expenses||||2,649| ||Homeless||||200| ||Kickstart||||556| ||Covid-19||||30,266| ||||||35,849| ## |SUPPORT COSTS||||| |---|---|---|---|---| ||||Governance|| ||Management|Finance
f|costs
f|Totals| |Raising donations
and legacies
Other resources expended
Ward grant budget
Old peoples project
Festival expenses
Homeless
Kickstart
Covid-19|7,101
995,839
1,992
186
2,649
200
556
30,266|407|7,200|7,101
1,003,446
1,992
186
2,649
200
556
30,266| ||1,038,789|407|7,200|1,046,396| ## |Net incom|e/(expenditure|)
is stated after charging/(crediting):||| |---|---|---|---|---| ||||2021|2020| |||||f,| |Auditors'
Auditors'|remuneration
remuneration|for non audit work|4,200
3,000|4,213
3,000| |Depreciation - owned||assets|20,020|22,149| ## ## ## |STAFFCOSTS||| |---|---|---| ||2021|2020| |Wages and salaries
Social security costs
Other pension costs|764,820
50,358
5,612|918,062
65,898
7,018| ||820,790|990978| ## |||2021|2020| |---|---|---|---| |Admintstration|&other operations staff|13|22| |Care staff||44|33| |||57|55| ## |No employees
receiv|ed emoluments
in excess off60,000.|ed emoluments
in excess off60,000.|ed emoluments
in excess off60,000.|| |---|---|---|---|---| |COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||| |||Unrestricted|Restricted|Total| |||fund|fund|funds| |INCOME AND ENDOWMENTS FROM||||| |Donations
and legacies||80,992||80,992| |Other trading activities||1,095,068||1,095,068| |Investmentincome||47,362||47,362| |Other income||484||484| |Total||1,223,906||1,223,906| |EXPENDITURE ON||||| |Raising funds||80,561||80,561| |Charitable
activities||||| |Old peoples project||991||991| |Festival expenses||908||908| |General||1,334||1,334| |Other||1,158,357||1,158,357| |Total||1,242,151||1,242,151| |NET INCOME/(EXPENDITURE)||(18,245)||(18,245)| |RECONCILIATION|OF FUNDS|||| |Total funds brought|forward|693,077||693,077| |TOTAL FUNDS CARRIED||||| |FORWARD||674,832||674,832| ## |12.|TANGIBLE FIXED ASSETS|TANGIBLE FIXED ASSETS|TANGIBLE FIXED ASSETS||||| |---|---|---|---|---|---|---|---| |||||Freehold|Short|Plant and|| |||||property|leasehold|machmery|Totals| ||||||f.||| ||COST
At
1 April 2020 and 31March 2021|||111,545|224,378|170,993|506,916| ||DEPRECIATION
At 1 April 2020
Charge for year|||31,492
1,814|196,789
11,817|145,438
6,389|373,719
20,020| ||At 31March 2021|||33,306|208,606|151,827|393,739| ||NET BOOK VALUE
At 31March 2021|||78,239|15,772|19,166|113,177| ||At 31March 2020|||80,053|27,589|25,555|133,197| |13.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||2021|2020| ||||||||6| ||Trade debtors
Rent deposit - Harringey
Counc
Staff loan
purchase
ledger debit balances
Prepayments
Accrued income|||||593,648
11,250
8,695
6,568
2,846|473,835
11,250
8,681
5,257
1,575
7,341| |||||||623,007|507,939| |14.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||2021|2020| |||||||8|g| ||Bank loans and overdrafts
Trade creditors
Kitchen 6t Hall deposit
Social security and other
Net wages control
Pension control
Accrued expenses||(see note 16)
taxes|||3,512
37,689
5,000
53,488
52,785
5,513
7,200|11,823
5,000
33,562
67,197
3,962
3,377| |||||||165,187|124,921| ||Notes to the Financial Statements -continued
for the year ended 31March 2021|Notes to the Financial Statements -continued
for the year ended 31March 2021|Notes to the Financial Statements -continued
for the year ended 31March 2021||| |---|---|---|---|---|---| |15.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN|||ONK YEAR|| |||||2021|2020| ||Bank loans (see note|16)||50,000|| |16.|LOANS||||| ||An analysis ofthe maturity ofloans is given below:||||| |||||2021|2020| ||||||f| ||Amounts
falling due|within one year on demand:|||| ||Bank overdrafts|||3,512|| ||Amounts
falling due|in more than five years:|||| ||Repayable
otherwise|than by instalments:|||| ||Bank loans more 5 yrs non-inst|||50,000|| |17,|MOVEMENT IN FUNDS||||| |||||Net|| |||||movement|At| ||||At 1/4/20|in funds|31/3/21| ||||f||| ||Unrestricted
funds||||| ||General
fund||674,832|93,725|768,557| ||TOTAL FUNDS||674,832|93,725|768,557| ||Net movement
in funds, included||in the above are as follows:||| ||||Incoming|Resources|Movement| ||||resources
f|expended|in funds| ||Unrestricted
funds||||| ||General
fund||1,371,160|(1,277,435)|93,725| ||TOTAL FUNDS||1,371,160|(1,277,435)|93,725| ## |Comparatives|for movemen|t
in funds|||| |---|---|---|---|---|---| |||||Net|| |||||movement|At| ||||At I/4/19|in funds|31/3/20| |Uarestricted|funds||||| |General fund|||693,077|(18,245)|674,832| |TOTAL FUNDS|||693,077|(18,245)|674,832| |Comparative|net movement|in funds, included|in the above are as follows:||| ||||Incoming|Resources|Movement| ||||resources|expended|in funds
f| |Unrestricted|funds||||| |General fund|||1,223,906|(1,242, 151)|(18,245)| |TOTAL FUNDS|||1,223,906|(1,242,151)|(18,245)| ||||Net|| |---|---|---|---|---| ||||movement|At| |||At I/4/19|in funds|31/3/21| |Unrestricted|funds|||| |General fund||693,077|75,480|768,557| |TOTAL FUNDS||693,077|75,480|768,557| ||||Incoming|Resources|Movement| |---|---|---|---|---|---| ||||resources|expended|in funds| |Unrestricted||funds|||| |General|fund||2,595,066|(2,519,586)|75,480| |TOTAL|FUNDS||2,595,066|(2,519,586)|75,480| ## ## ## |Turkish Cypriot Community
Association||| |---|---|---| |Detailed Statement ofFinancial Activities||| |for tbe year ended 31March 2021|2021|2020| |INCOME AND ENDOWMENTS||| |Donations
and legacies||341| |Donations
Grants
Exceptional
items - Festival|249 726|70693
9,958| ||249,726|80,992| |Other trading activities
Income - care|1,107,506|1,095,068| |Investment
income
Restaurant
hire
OAice room hire|13,928|17,035
30,327| ||13,928|47,362| |Other income
sundry receipts||484| |Total incoming resources|1,371,160|1,223,906| |EXPENDITURE||| |Other trading
activities
Bad debts
Direct care provision exps.|(493)
231,532|758
67,118| ||231,039|67,876| |Charitable
activities||762| |Interest payable||| |Supportcosts||| |Management
Wages
Social secunty
Pensions
Rent, Rates and water
Insurance
Light and heat
Carried forward|764,820
50,358
5,612
22,332
4,029
18,791
865,942|918,062
65,898
7,018
30,773
5,266
(3,658)
1,023,359| ||||Turkish Cypriot Community
Association||| |---|---|---|---|---|---| ||||Detailed Statement ofFinancial Activities||| ||||for the year ended 31March 2021||| |||||2021|2020| |Management|||||| |Brought forward||||865,942|1,023,359| |Telephone||||4,778|2,686| |Postage and stationery||||10,811|10,212| |Advertising
Legal &professional|fees|||5,443
22,377|6,661
21,189| |Cleaning
expenses
Project activities||||3,924
39,378|3,611
15,891| |Care taker expenses||||1,041|1,933| |Computer
expenses
Repairs &renewals
Web hosting &internet
cost
Book commissioning
&fees||||2,087
19,212
2,746|3,776
13,480
1,644
811| |Subscription &membership
Clinical records &supplies|||fee|8,975
10,819|8,861
4,814| |Training
Travel &subsistence||||13,769|13,717
334| |Motor &travelling
cost||||38|949| |Staff welfare||||329|2,819| |Grant cost
Freehold property
Short leasehold||||7,101
1,814
11,817|6,031
1,814
11,817| |Plant and machinery||||6,388|8,518| |||||1,038,789|1,164,927| |Finance|||||| |Sundries||||13|572| |Bank charges||||394|214| |Donations|||||587| |||||407|1,373| |Governance
costs|||||| |Auditors'
remuneration||||4,200|4,213| |Auditors'
remuneration||for non audit work||3,000|3,000| |||||7,200|7,213| |Total resources expended||||1,277,435|1,242,151| |Net income/(expenditure)||||93,725|(18,245)|