REGISTERED COMPANY NUMBER: 03851759 (England and Wales) REGISTERED CFLLIRITY NUMBER: 1080926 Report of the Trustees and Audited Financial Statements for the Year Ended 31 March 2024 for Turkish Cypriot Community Association (A Company Limited by Guarantee) Alton & Co Chartcrcd Accountants & Statutory Auditors 239-241 Kennington Lanc London SEII SQU Turkish Cypriot Community Association Contents of the Financial Statements for the year ended 31 March 2024 Page Reference and Administrative Details Report of the Trustees 2 to 18 Report of the Independent Auditors 19 to 22 Statement of Financial Activities 23 Statement of Financial Position 24 Statement of Cash Flows 25 Notes to the Statement of Cash Flows 26 Notes to the Financial Statements 27 to 36 Detailed Statement of Financial Activities 37 to 38 Turkish Cypriot Community Association Reference and Administrative Details for the year ended 31 March 2024 TRUSTEES Mr N Enver - Chainnan T Hadji-Filippou - Treasurer Mr S Fuat N Kamil Mr H Mustafa Mr E Baca Trustee Mr B I Cubuk Trust¢¢ Mrs G Dervish Trustee COMPANY SECRETARY REGISTERED OFFICE 628-630 Green Lanes Ha￿lngeY London N8 OSD REGISTERED COMPANY NUMBER 0385 1759 (England and Walcs) REGISTERED CFL4RITY NUMBER 1080926 INDEPENDENT AUDITORS Alton & Co chart￿ed Accountsnts & Statutory Auditors 239-241 Kennington Lanc London SEII SQU BANK The Co-operative Bank Ple Wood Green Branch 195 High Road, London N22 6DP Page I Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 The trustc¢s who arc also directors of the charity for th¢ purposcs of the Companies Act 2006, pres¢nt their report with the financial stat¢ments of th¢ charity for th¢ year ended 31 March 2024. The truste¢s hav¢ adopt¢d the provisions of Accounting and R¢porting by Charities: Stat¢ment of Recomm¢nded Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims To serve th¢ Turkish speaking and local community by d￿clOPlng and sustaining projects that meet th¢ idcntified needs. The servic¢s we provid¢ all focus on one or more of three areas. o Provide a b¢tt¢r quality of life through social care servic¢s o Creating employment and helping people regain independence o Furth¢ring the education and of our youth Significant activities Turkish Cypriot Community Association's (TCCA) day to day operations are aimed fulfilling these aims by providing advice and infonnation, social care, counselling, ¢mploym¢nL physical w¢llb¢ing, community l¢arning, outreach to housebound, community ori¢ntated room hire and training by developing projects to me¢t the ne¢ds of the community members. In all cases we ensure that the services are of a high standard and based on researched ne¢ds. Our most important project is our Homecare servicc, which provides carc for the Turkish and Greek speaking elders and thc disablcd people in London. This helps independent living in order to help avoid isolation and enable beneficiaries to lead independent lives. We are conllnittcd to a high standard of carc therefore we train our carers through our in-house training provision, enabling the provision of fully compliant care. The mission of the organisation is to support our community through funded and internally created projects that also provide a springboard for Turkish speaking people to gain training and support that will ultimately result in them not requiring government benefits to sU￿1ve. The organisation promises to provide support throu￿ recognising developments within our own community. TCCA will also create fresh projects and offer to help in the most de￿iVed corners of our community. Our ambition is to improve lives for the short and long tenn and to contiibute to wider society. More recently our focus has moved towards supporting our community throu￿ Covid-19 orientated projects. Public benefit In setting out the objectives and planning the activities, the Trustees have given careful consideration, to complying with the duty in Section 17 of the Charities Act 20 1 l. This report outlines how our achievements during the year have benefited the public, either directly or indirectly. Page 2 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 STIL4TEGIC REPORT Achievement and performance Charitable activities TCCA has continued to build on the strong foundations laid down in previous years. Our major achievements over the fmancial period have been our ability to maintain our CQC fully complaint status with a good rating and an improved, leadership rating from GOOD to OUTSTANDING, this, in an arena that places more and more requirements within the provision of care. To maintain these standards, we remain as a Beacon Cache accredited training centre, which affords our carers bi-lingual bespoke training that ensures that regulatory requirements are placed into practice, we have fiuther created new training sessions that we offer to others, mainly related to hygiene control so that society remains as safe as possible. We continue to boost our training by offering training plarformed by Citation (our human resource Platforni), Greater London Authority and the Voluntary Sector Council. Together with our partne￿, we were able to deliver our 5th Turkish cY￿10t Cultural and Arts Festival, which last year was held at the Dominion Theatre in Wood Green, London. We hope that in 2025 we will once again be able to deliver an outdoor festival. W¢ have added ncw initiatlV¢8 to TCCA'S impr¢ssiv¢ rq)¢rtoir¢ of projccts, including a major health initiative supporting Turkish Speaking ¢mploy¢¢'s well-being. This year the charity experienced grcat success in the field of recognition from its pecrs and receivcd new and highly prestigious accolades such as- The convert¢d Third S¢ctor Awards as "Partnership of the Year for its work on supporting the relief work, in Turkiy¢ and Syria beating Disasters Em¢rgency Committe¢ to the top spot. W¢ were award¢d the INIPACT Award by Bridge R¢newal Trust for a project of the y¢ar. Wc won the award 'Haringey Hero status" for our work during the Earthquakc. Our CEO scoped many personal awards which reflected the work of the organisation. Staff and Volunteers retention remains high,. In thc summer of 2023, we completed an Organisation and Operational review, which will lead to a Business Plan which will structure our groth for the next 5-10 years. We renLqin in contact with the Charity Commission, who have supported us in creating a stronger legal structure, with policies and procedures being reviewed, Constitutional aims being strengthened, and the legal status of 117 Green Lanes being reviewed with the aim being to bring it under the safeguards of the charity. Turkish Cypriot Community Association (TCCA), has had to take on the challenges afforded to a post-pandemic world. This brings with it the phenomena of long-tenn COVID-19, work insecurity, rise in cage youth unemployment, mental health, energy poverty, and lack of community cohesion. To serve these needs, we fiuther embarked on extending our geographical remit to operating from four locations and completely revamped our Hacl(neyllslington office, which is now generating rental income, and from early 2025 hope to launch our community TV ststion. Early in February 2023, Turkiyelsyria was hit by a devasting earthquake, and again UK Turkish-speaking community looked to TCCA to provide the platforni for aid to be sent from the UK to the affected zone. TCCA was able to lead a consortium of five key partners and 3 5 minor Partne￿ over three months and was able to send over 100 tonnes of aid to the affected area. Financially this year w¢ rcgist¢r¢d a deficit mainly du¢ to projects and about £40,000 worth of bad d¢bt for care provided MTitt¢n off whcrc the dcbtors are dcccascd. Page 3 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 TCCA has continued to build on the strong foundations laid down in previous years. Our major achiev¢ments over the financial period have been our ability to maintain our CQC fully complaint status with a good rating and an improved, leadership rating from GOOD to OUTSTANDING, this, in an ar¢na that places mor¢ and more requirements within the provision of care. To maintain th¢se standards, we remain as a Beacon Cach¢ accr¢dit¢d training centre, which affords our carers bi-lingual bespoke training that ensures that regulatory requirements are placed into practice, w¢ hav¢ further creat¢d new training scssions that we offer to others, mainly rclated to hygicne control so that socicty remains as safe as possible. Wc continue to boost our training by offering training platfomicd by Citation (our human rcsource Platforni), Greater London Authority and the Voluntary Scctor Council. Together with our partners wc were able to dcliver our 5th Turkish Cypriot Cultural and Arts Festival, which this year was held at thc Dominion Theatrc in Wood Grcen, London. Wc hope that in 2025 we will oncc again be able to deliver an outdoor fcstival. Wc have added new initiatives to TCCA'S impressive repertoire of projccts, including a major health initiative supporting Turkish Speaking employee's well-being. Kick start scheme that supported directly 37 young people camc to a close this year. The Turkish Cypriot Community Awards celebrating achievement within the Community, we launched a Youth Projec¢ Women's projec¢ substantive long Covid 19 projeet, created new working relationships under the umbrella of eo-production that support mental health and created many partnaships with other community partnas, including working with the Turkish Police Association, Cyprns Islamic Association and the Gr¢at¢r London Authority. L4JOR CHANGES During this financial period apart from changes mentioned above, no major changes occutted. In respect of staff, Citation (employment consultants) remain as our health and safety /personnel consultants. Contracts and mechanisms continue to be renewed and assessed for recruitrnent. In March 2022, we met with the Charities Commission and discussed our operations, Consider better ways of working and remaining accountable and as such we are reviewing all protocols and look at making ehanges to our governing document which are more reflective of the work that we do. Work plan for us incoryorate creating a stronger legal structure, with policies and procedures being reviewed, Constitutional aims being strengthened, and the legal status of 117 Green Lanes being reviewed. Payroll has Continued in house and pensions remain with NOW pensions. All policies and procedures have been once again reviewed. Alton and Co continue to deliver TCCA'S accounts, and we are pleased to be working in collaboration with a company with a fantastic work ethic and attitude. We continue to learn from Alton & co on issues arising within our accounts reporting system and are very proud to move fonward another year with their scrvices. We continue to use our Haringcy, Enfield, and Hackney premises. During this financial year our projccts havc been as follows: HOMECARE Page 4 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 Homecare remains our main project. Our strong Hom¢care T¢am with its 57 car¢rs continu¢ to provid¢ culturally s¢nsitive care services to our eld¢rly and disabled. Unlik¢ oth¢r care ag¢nci¢s, as w¢ are a charity, w¢ focus on giving the eld¢rly and frail in our community more, including benefits checks, legal advice, annual hamp¢r, health ch¢cks I scre¢ning, gentle exercise classes, access to Information, signposting and support if in ne¢d of equipmenL access to our in-house training courses, and subsidized trips. Our Care (2uality Commission Inspector stated that the service were, "exceptionally well-led and achieve a rating of OUTSTANDING" for ￿ELL LED criteria, with an overall rating remaining at GOOD, we await a further inspection during which time w¢ are confident other ratings will also increase. TC Homecare constantly works ¢xtr¢mely hard to expand the project further and raise its standard and quality of care provided by organising appropriate mandatory training for all care workers. Th¢ Homecare offic¢ staff members havc attended numerous meetings and training opportunitics with local authorities. The Homccarc project provides employmcnt and training to approximately 57 members of thc Turkish-speaking community. Most of these carers (over 90 % ) have or arc working towards a QCF levcl 2 or 3 and four staff taking a QCF levcl 4 in Health and Social Care. All our carers complete initial induction training beforc starting work followcd by mandatory trainings such as First Aid, Food Hygicne, People Handling, Health & Safcty, Adult Abuse, and Medication Training. The organisation continues to develop staff members through QCF accreditation standards and status as an accredited in-house provider is imminent.TC Homecare works in partnership with various Local Authorities, Health Authorities, and Health Professionals to cnsure thc safety and wellbeing of our service users. Our carc provision is monitored by the Local Authorities we work with and is regularly inspected by the Care Quality Commission (CQC). TRAINING TCCA continues to provide Council for Awards in Childcare, Health and Education (CACHE) Accredited Training, providing everything from Level 2 Diploma in Health & Social Care to CPD training In Culturally sensitive nutrition. Our learners received a Qualification and Credit Framework (QCF) national recognised CACHE certification that is CQC compliant. Our qualifications are focused on staff that are new to care industry; however, we do provide refresher courses for those working as experienced carers. We deliver all our training via our fully equipped training facility in Haiingey London, this allows learners to further have access to our qualified Advice and Guidance officer, making sure learne￿ are on the right course and level. Funding for the CoU￿eS has also been made available through the Workforce Development Fund (WDF). Social Care providers access WDF fimds through Skills for Care if they are keeping their NMDS records up to date. We now also use Citstion Training that helps aid support our extensive training program. ChJer the past two years, our focus I￿S shifted to supporting towards Covid Awareness training and protocols that minimise the risk of infection of elde￿ and officas. We have also linked with a vaccination program that has supported the vaccination of our carers and members of our community. CYPRUS HOUSE RESTAUILiNT In May 2021, we tendered the restaurant space and by the end of the sunllner 2021, the restaurant was functioning. The restaurant maintained its Hygien¢ level to a gTad¢ 5, was able to receiv¢ a 5-star grade for covid safety and started to deliver a rich menu filled with traditional Turkish Cypriot recipes, such as Bumbar & Scftali through to Molohiya the restaurant also provides a range of kebabs with many varying mezes as accompaniments. Every Saturday the restaurant operates its Cypriot Meze Night. this incorporatcs a full meze, with Kebabs being s¢rved as the main dish, live music, dancing and much more which can bc tailored to individual events. The r¢staurant docs not hold a drink lic¢ns¢ however customers are perniitted to bring their alcohol with no corkag¢ charge applied resulting in a cheaper ev¢ning out when compar¢d to other r¢staurants, our hygiene rating is revi¢wed on an ongoing basis. Cypnjs House can provide catering for all spaces available to hire at TCCA for parties, events as well as me¢tings and training courses. LUNCHEON CLUB Page 5 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 Our Luncheon Club was probably the proj¢ct most affect¢d by Covid. Historically our lunch¢on club op¢rat¢d every W¢dn¢sday / Thursday l Friday, th¢ club provid¢d an outlet for ¢lderly Turkish Cypriots to int¢ract and provided them with a heavily subsided meal and drink. All food is based on traditional Cypriot recipes and cook¢d using traditional ingredi¢nts. Lunch is follow¢d by bingo, cards, socialising, and an opportunity to find n¢w fri¢nds. In October 2021, we relaunched the lunch¢on club project, numb¢rs attending the club have dropped, howev¢r, we will be pushing th¢ provision and hope that numbers in 2024-25 return to 20-30 att¢nding ¢ach s¢ssion. ROOM BOOKINGS Our Room Hire, has increased the numbcr of bookings and in the past 12 months hav¢ rcgistered 1026 booking slots, once again rooms were available for hire and our centre began to offcr our main hall, mecting room, M2 on our 1st floor and T3 and T l on our top floor. Th¢se rooms w¢r¢ used for engag¢ments, parties, baby showers, council m¢etings, charity gath¢rings, medical screening, public ev¢nts, in-house training, Tutoring, Kids drama and Dance sessions and much more. We have fully accessibl¢ hall on the ground floor, a completely flat and disablcd WC to enablc it to be used for a varicty of people. We wcrc able to secure many regular bookings resulting in approx. 80 % of room hire income ovcrall coming from regular customers taking wcekly sessions at an agreed ratc for a minimum 3-month period. This has helped bring some stability to income generated and fonvard planning of caretakintycleaning requirements. Our local councillor Zcna Brabazon and Anna Abela held monthly drop-in surgery and we are pleased to host Zena and colleagues as part of our strong working relationship with Haringey Council. We continue to host many of our conllnunity charitieslestablishments including Linllnasollular Community Associatio￿ Turkish Police Associatiot Network of Turkish Cypriot Organisations, Turkish Football Association, Cyprns Islamic Group, Turkish Speaking advice sessions, Tottenham Park Cemetery Action Group, Turkish Cypriot Theatre GTOUP and weekly Turkish Koro (singing). During the previous p&iod 38 organisations mostly, charities used our space. We have currently four resident organisations that hire space from us including a local choir, Karate Classes, Fine Tutors, and Turkish Choir. Euro Genc's tenure was due to end by April 2023. We have further maintained our online presence and have effectively used Website, Facebook, Instagram, LinkedTrL Twitter, and Snapchat, to ensure access to our services are platfornied to users and potential beneficiaries. BEFRIEP4DING One of our key priorities when we launched the initiative was to ensure that the vulnerable are cared for, and are not left isolated, in fear, andlor alone. As part of the befriending, we match those who are elderly and vulnerable for a weekly chat over the phone. Our service I￿S helped around 30 families during the difficult period. The service has helped create hundreds of new friendships, and many people tell us their calls are the highlight of their week. MEiYfAL HEALTH During the period of 2022-23 Mentsl Health played a pivotal role in the delivery of se￿iCe9 for our community, as we emerged from Covid 19, we found that Mernbe￿ well-being had suffered and that we introduced several Mental Health orientated projects, ranging from Exhibition through to mentsl Health Drop in. this was serviced by three of our officers. During the financial period, we had three paid officers delivering seNiees and 15 volunteers. TCCA'S also introduced Talking therapies to provide a regular time and space for individuals to communicate problems as well as explore feelings with other group membe who are in similar situations. Often, talking about things and not feeling alone Can help improve resilience against any future adverse eircumstances, improve relationships, and develop better ways of living. Our Project Leader facilitated group inte￿entionS as well as one-to-one sessions with adults as well as young adults across a range of services available throughout London. The team will provide a safe environment for individuals to cxplor¢ their issues and bring about meaningful chang¢ in thought patterns -convcrting all negative anotions and thoughts into positive oncsl Page 6 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 HEALTH PROJECT TCCA is still working with the Clinical Heath Group (CCG) of Haringey, our partnaship has been focusing on ensuring that Kurdish and Turkish people living within the London Borough of H￿]ngeY have a better Unde￿tandIng of health provision and as such empower beneficiaries to Co￿ectIY use local health provision in particular Accident and Emergency, phannacists, amenities and the servic¢8 providcd by their GP. This has now d¢vclop¢d into d¢liv¢ring th¢ Turkish Cypriot Workforc¢ Project. HEALTH SCREEN During the past 12 months, TCCA has held five separate health screen wents, supporting health checks of 82 pr¢dominately elderly people for issues about Height and weight measurem¢nts, Body Mass Index (BMI) Calculatio￿ Body fat percentage, Hydration levels, Blood glucose lev¢ls, Cholest¢rol levels, Analysis of nutritional status, Blood pr¢ssure, Heartbeat, Lifestyl¢ Health Assessment and Risk of cardio diseas¢. At thes¢ events, we w¢r¢ abl¢ to identify six cases where individuals were at risk of life-threatening illn¢ss¢s. LEGALADVICE I FINANCIALADVICE Legal l Financial advice project is rcliant upon local Turkish-speaking solicitors and Indq)¢nd¢nt financial advisors giving up their time to offer free legal advic¢ to local p¢opl¢ in n¢¢d to help. The majority of those supported arc on b¢n¢fits and most due to chang¢s within the l¢gal system are not able to access legal aid. The proj¢ct has b¢en and continu¢s to b¢ succ¢ssful. HOMELESS W¢ continue to be committed to helping those sl¢eping rough and on our streets, in Dec 2021, in partnership with Haringey Hub, Cyprus Islamic Associatio￿ Crises, Buses 4 Hom¢less Metropolitan Police, Chasing Rainbows and Hav¢n for Homeless completed our largest push to help those on our streets. This year over three weeks we provided 260 essential packs, f¢d 260 homeless p¢ople, raised money to house 25 peopl¢ over the Christmas p￿10d, and managed to place two people on a monthly residential support scheme that guarantees rented accommodatio￿ cmploymenL and access to a wellness scheme. CARBON NEUTII4LITY TCCA is being fund¢d to support the m¢ssage of Carbon Neutrality to th¢ community, it promotes saving encrgy and using energy that limits the impact on our environment. INfERNSHtP AND APPRENfIcE PROGRAMS International Education is an intcrnational education organization (IEO) committed to empowering students learning through personal choice, academic integrity, and engagcment in urban environments abroad. The project's approach to international study is unique and provides a holistic learning abroad experience those challenges, excites and inspires students. Internship Program matches the goals and interests of students with those of TCCA. Through the Internship Program in Londo￿ students engage in internship placements at TCCA as part of their university-level academic degrcc. All students from CAPA ADC, and FIE have met rigorous academic requirements and completed an extensive application process before being accq)ted to the Internship Program. These students have been placed in various roles at TCC including but not limited to; Policy Development Finance, Grants and Funding, Film ProductiotL Media & Marketing. ther the past 12 months, TCCA has welcomed 5 students to the centre. OTHER CEL4RITABLE ACTIVITIES Page 7 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 TCCA has traditionally pr¢f¢rred to work with groups and individuals who support th¢ local chariti¢s and as such off¢rs a pricing structure that recognizes local benefit. In 2023-24 we off¢r¢d Mevlit I prayers in our hall to our community at a flat rat¢ of £25 per hour, a 50 % reduction to help people in their time of year. Charitable organizations nearby have b¢en charging almost triple these costs for a similar booking and we continue to look at ways we can h¢lp our community. Some ev¢nts held by local charities have be¢n fully supported by TCCA as a joint venture as w¢ continue to offer public events in ar¢as our community needs further ¢xposure and understanding. From mental health coffe¢ morning to Turkish Diabeteslcancer seminars, our parliamentary hustings, and ¢ducational and historical events. TCCA is proud to be abl¢ to host events like this and is working towards mor¢ free sessions in 2025. Thes¢ sessions are completely frec and open to all, not just our members. In 2023-24 we wcrc able to off¢r Turkish folk dancing and as such offered a 12-weck scssion completely free. We hope to sccure similar funding in 2025 as there is vcry little available for free in tern￿ of Turkish tradition and heritagc. The kids and parents that attended were very happy with the sessions and TCCA is proud to offer this to our community completely FREE. This year we also focussed heavily on cancer and supported five cvents that incrcased awareness of this horrible illness, events included outreach campaign, seminars, and workshops. PARTNERSHIP WORK TCCA works in partnership with ten local authorities, four health authorities, three voluntary local umbrella associations, the GLA and the DNVP. The Association hosts events, seminars, and conferences with.. Haringey Council, Enfield Council, Hackney Council, Islington Council, Waltham Forest Council, Camden Council and various not for profit organisation. TCCA works in partnership with The Metropolitan Police, Victim Support, Haiingey Health Authority, Help the Aged, NHS Haringey Clinical Commissioning Group, ADC College, CAPA University, FIE University, Bamet College, Voluntary Sectors Council and The London Fire Brigade. TCCA further provides support facilities for over 61 not-for-profit organizations. During this period TCCA in partlle￿hlp with Turkish Conllnunity Football Federatioffj Ki￿lS Sanatlar Platforni, Sheikh Nazim Sufi Centre, Turkish Police AssociatiotL Cyprus Turkish Association and London Turkish Masters FC established the Turkish Cypriot Trust Llll Turkish Youth Group, which together delivered Festivals in 2018 and 20 19 Turkish Cypriot Cultural and Arts Festival and from 2020 under the umbrella of NOTCO further online festivals. tn March 2021 it represented one of the founding members of the Network of Turkish Ciyriot Organisations, which last year delivered an arts and cultural festival. Co-Production.' in April 2022, fimding from Bridge Renewal was agreed upon under the Co-Production fund, to initiate a project that benefits for the community it works with six community organisations and represents the best in partnaships. Hospital Research.. TCCA has been commissioned by Health WatclL Buddy Hub, Whittington Hospital, and North Middlesex Hospital to cany out research into the needs of the community in particularly pain managemenL and access to ￿]Mary health care. Earthquake Probably our largest initiative of 2022-2023. On 6 Febrnary 2023, eastern Turkey and northern Syrian were hit by the most powerful earthquake in the region for over 80 yea￿. It was quickly followed by a fillther earthquake and hundr¢ds of aftershocks. By the ¢nd of F¢bruary 59,000 deaths w¢r¢ confinned and an estimated 14 Lnillion people w¢r¢ affected by widespread damage, in an arca th¢ siz¢ of Gennany. In thc UK which is homc to the third largcst Turkish Spcaking population outside of Turkiye, many charities under the umbrella of the Turkiye Earthquake Initiative, came togethcr and within hours had establishcd 18 collection points for much-needed aid, a plan was fomiulated for funds to be fonvardcd to the affected area, medical supplics were sourccd for a LEK emergency medical team which travcllcd to Karamaras. Within a wcek 165 voluntecrs wcrc handling donations. 32 groups were co-ordinating the collcction of aid from a local medical surgery through to Arscnal Foundation, the latter sourcing 1500 sleeping bags. By the end of February eight freight containers of aid had bcen transportcd, 35 air containcrs of aid were dispatched, bereavement counselling was being held, support schemes to connect familics operating, and a community rebuild partnership was well unden¥ay. Page 8 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 FESTIVAL 2023 This year TCCA under the umbrella of NOTCO, again presented a one-day festival held in June 2023 from the Dominion Theatre, the festival presented arts, music, dance, entertainment, and song.,Co-Production. In A￿71 2022, funding from Bridge Renewal was agreed upon under the Co- Production fund, to initiate a project that benefits th¢ community. it works with six community organisations and r¢pr¢s¢nts the b¢8t in partnerships. HOSPITAL RESEARCH TCCA has been commissioned by Health Watch, Buddy Hub, Whittington Hospital, and North Middlesex Hospital to carry out res¢arch into the needs of the community in particularly pain managemenL and access to primary health care. Page 9 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 STIUTEGIC REPORT Achievement and performance Section 172(1) statement S172(1) (A) "The likely consequences of any decision in the long term" The Trustces understand the charity and the evolving environment in which they operatc, including thc challenges of navigating through the Pandemic, Brexit, earthquake and the myriads of other issues that havc touched our community. Based on the charity's pU￿oSe to supply quality adult carc services and other support to the vulnerable in the community by sourcing the best peL%onnel, the Strategy set by the Trnstees is intended to strengthen the Charitvs position to enable it to play a leading role in the supply of Carc services whilst maintaining quality and promoting social responsibility. The rising standard of living of a growing UK population is likely to continue to drive demand for adult care Provision for many Yea￿ to come. At the same time, changes in the customers, demand for care to be provided in their homes mean increased competition as a direct result of increasing customer choice. Th¢ long-tcrni success of th¢ charity 18 dependent on its ability to adapt to thos¢ changes and distinguish itsclf against th¢ growing competition by way of maintaining quality and customer satisfaction. The Trust¢¢s also realize th¢ importance of their activities as contributors to the health of society as they provide care s¢rviccs to the vuln¢rable fre¢ing th¢ir loved on¢'s time to carry on with their lives knowing their loved ones ar¢ in safe hands. The upp¢r levels of 117 Green lanes living units, will be providing the organization with an additional income stream to enable the charity me¢t its set objectives. S172(1) (B) "The interests of the charity's employees & Volunteers" The Trust¢¢s r¢cogniz¢ that the charity's ¢mploy¢¢s and volunteers arc fundamental and corc to th¢ charity and necessary for the dclivcry of the Trust¢es' strategic ambitions. The success of the charity depends on attracting, retaining, and motivating ¢mploy¢es. From ensuring that the busincss remains a rcsponsible employer in all aspects, from pay and b¢nefits to health and safety in th¢ workplace ¢nvironm¢nt, the trust¢¢s factor the implications of decisions on employe¢s and the wider workforc¢, where r¢levant and f¢asibl¢. Ov¢r the past 12 months we have strengthened our Training program and incorporat¢d training provisions from Citation and NVCO, which with our in-house Cache accredited training has allowed us to ¢nsure that employecs and volunteers mect their obligations. More inforniation on this can be found within the charity's policy for employecs S172(1) (C) "The need to foster the charity's relationships with suppliers, customers and others" Deliv¢ring the Tnjstees, strategy requires strong mutually beneficial relationships with suppli¢rs, customers, local authorities, and governments. TCCA seeks the promotion and application of certain general principl¢s in such rclationships. Thc ability to promote these principles cffectively is an important factor in thc decision to enter or rcmain in such relationships and this, alongside other standards, is described in thc various policy statements of the charity in thc Trustees Report. The Charity's Principles are reviewcd by the Trustees periodically. The Trustees also rcview and approve the Charity's approach to suppliers, partnerships, and other stakeholders, which is set out in thc Charitys Supplier Policy. The charity continuously assesses thc priorities related to customers and thosc with whom they do business. the charity engages with stakeholders based on the outcomc of those assessments. S172(1) (D) "The impact of the charity's operations on the community and the environment" Page 10 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 STIUTEGIC REPORT Achievement and performance This aspect is inherent in the TCCA'S Trnstees, strategic ambitions, most notably in their ambitions to thiive in enS￿illg the well-being of the community they Sc￿e. As such, the Trustees constantly monitor their effect on the community and environment. an important goal for the Trnstees is to be a benefit to both the local community and the greater environment. As such we cary out annual surveys with our members, our staff, and our users. Many of th¢s¢ f¢¢dback surveys are used as the backbone of what w¢ as an organisation und¢rtak¢s and used as part of our report requirements to local authoritics and those that carry out our inspections. S172(1) (E) 'The desirability of the charity maintaining a reputation for high standards of business conduct" TCCA aims to meet the needs of the community, over recent years it has maintained its GOOD rating with CQC and increased its rating for well lead to OUTSTANDING. We have also received many awards from our p¢¢rs including Bridg¢ Ren¢wal IMPACT award. Local Authorit1¢8 hav¢ fornicd a clos¢d partnership without th¢ organization and hav¢ supported us in being abl¢ to maintain high standards. Th¢ Trust¢¢s periodically r￿l¢W and approve clear frameworks to ensur¢ that high standards are maintained both within and outside the busin¢ss¢s and th¢ business relationships they maintain. This, compl¢m¢nt¢d by the ways th¢ Tru8te¢s arc infonn¢d and monitor compliance with r¢l¢vant gov¢rnanc¢ standards helps ¢nsure decisions are made meaning that the charity acts in ways that p¢rp¢tually promote high standards of business conduct. The organization also received multiple awards including Third Sector Awards as Partnership of the Y¢ar, w¢ were awarded once again the IMPACT Award by Bridge Renewal Trust for the project of the year, we w¢r¢ also awarded Haringey H¢ro status for our work during th¢ pandemic, and our CEO received many personal awards for his impact on thc community. S172(1) (F) "The need to act fairly as between members of the charity" Aft￿ weighing up all relevant factors, to Consid￿ which course of action best enables th¢ delivery of their stratcgies through th¢ long tcrni by taking into consideration the impact on stakeholders. In doing so, thc Trustees attempt to balance the charity's interests and other stakeholders, intcrcsts, and this can sometimes mean that certain stakeholder interests may not b¢ fully aligned. However, the Trustees attempt to be as fair as possible to all in this regard, there are also processes that all review of decisions and mcchanisms that allow fecdback from users and members as to the impact of decisions. Thc TCCA Trustecs recognize that they havc an important role when asscssing and ensuring that the desired culture is cmbcdded in all thc valucs, attitudes, and behaviours they dcmonstratc, including all the business activities and stakeholder relationships. The Trnstecs have cstablished honesty, integrity, and respect for people as the charity's core values. Thc General Business Principles, Codc of Conduct, and Code of Ethics help everyone act in line with these values and comply with relevant laws and regulations. The charity's Conllnitment and Policy on Heald4 Safety, Security, Wellbeing, Employment, and Environment and Social Perfonnancc are designed to help protect people and the environment. The Trustees strive to maintain a diV￿￿e and inclusive culture. Stakeholder engagement (including employee & and volunteers, engagement) The Trustees also recognise the important role the ch￿ltY must play in society and are deeply committed to public collaboration and stakeholder engagement; this Commitment is at the heart of the charity's strategic ambitions. Page 11 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 STIUTEGIC REPORT Achievement and performance The Trnstees believe that they will only succeed by working with customers, governments, and business partners. Working together is critical, particularly at a time when society, including businesses, governments, and consume￿, faces complex and challenging issues. The charity continues to build on its long track record of working with othe￿, such as customers and suppli￿. the Trustees believe that working together and sharing knowledge and cXp￿Lencc with oth￿8 offers gr¢at¢r insights into their own business. The charity is controlled by its governing documenL a d¢¢d of trusL and constitutcs a limited charity, limited by guarante¢, as defined by the Companies Act 2006. Turkish Cypriot Community Association (TCCA) is a charity limited by guarantee governcd by its Memorandum and Articles of Association and is registered at the Chariti¢s Commission. Th¢ most r¢c¢nt administrativ¢ changes to th¢ governing document took place on the, 25 Febnjary 2021. Any Turkish Cypriot community member can become a member of th¢ organization subject to th¢ agre¢ment of th¢ managem¢nt committ¢e. The TCCA Trustees r¢cognise that they have an important role when assessing and ensuring that the desired culture is embedd¢d in all the values, attitud¢s, and behaviours they d¢monstrat¢, including in all th¢ business activities and stak¢holder relationships. The Trust¢es hav¢ established honesty, integrity and respect for people as the charity's core values. Thc General Business Principlcs, Codc of Conduc( and Code of Ethics help evcryone act in line with thesc values and comply with relevant laws and regulations. Thc charitys Commitment and Policy on Health, Safcty, Security, Wellbeing, Employmcnt, and Environment & Social Perfonnancc is designed to help protect people and the cnvironmcnt. The Trustees strive to maintain a diverse and inclusive culturc. Stakeholder engagcment (including employec & volunteers, engagcment). The Trustces also recognise the important role the charity must play in society and are deeply committed to public collaboration and stakeholdcr cngagement. this commitment is at the heart of thc charity's strategic ambitions. The Trustees believe that they will only succeed by working with customers, governments, and business partners. Working together is critical, particularly at a time when society, including businesses, governments, and consumers, face complex and challenging issues. The charity continues to build on their long track record of working with others, such as customas and supplias; the Trustees believe that working together, sharing Iinowledge and experience with othas offers greater insights into their own business. The ch￿ltY is controlled by its governing documen¢ a deed of trus¢ and constitutes a limited charity, limited by guarantee, as defined by the Companies Act 2006. Turkish Cypriot Community Association (TCCA) is a charity limited by guarantee governed by Its Memorandum and Articles of Association and is registered at the charities ComLnission. The Lnost recent administrativ¢ changes to governing docuLn¢nt took place on th¢ summer of 2023. Any Turkish Cypriot community member can become a mffl]b¢r to th¢ organisation subject to th¢ agreffl]ent of the Manag¢m¢nt Committ¢e. Recruitment and appointment of new tnjstees as set in th¢ Articles of Association the truste¢s are elected by the m¢mb¢rs of the organisation at th¢ Annual General Meeting and as s¢t in th¢ Articles of Association the chair is ¢lect¢d by the ¢lect¢d Members. At the annual general me¢ting, one-third of the members of the manag¢ment committee retire from the otrice, and the new elections ar¢ h¢ld. Tnjstees are elected every two y¢ars, how¢ver, should a position become vacant, then thes¢ positions can be fill¢d by co-opting onto the committee. Trustee Induction and Training Page 12 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 STIUTEGIC REPORT Achievement and performance TCCA trnstees undergo an orientatiot6refresher day within the f￿St week of being elected, this may be completed online. The pU￿oSe ig to brief them on legal obligations under charity and charity law, the content of the memorandum and articles of association, committee and decision-making processes, latest business plaTdforecast and planned direction of the charity, and r¢c¢nt financial p¢rfonTWlCC. During th¢ induction day they meet key eLnploye¢s and other trustees. Trustees arc encouraged to attend appropriat¢ extcrnal training events where thes¢ will facilitate th¢ undertaking of thcir role. TCCA also organizes in-hous¢ training for all trustees. It is further planned to cr¢ate a truste¢ newsl¢tt¢r with updat¢s on legislation affecting trustees and implantation of any additional chang¢s that would ensur¢ trustees remain compliant to any changes in l¢gislation. Based on th¢ advice given we will be introducing annual away days to support any changes to protocols, and direction and help all segments of the organization to work towards a common goal. It will also s￿¢ as a platfonn to revi¢w performance and identify any gaps and how thos¢ will be fillcd. All trustees complete a conllict-of-intcrcst declaration and are cnhanced DBS checked. Financial revieiy Financial position The results for the y¢ar and the financial position of th¢ charity on 3 1 March 2024 are shown in th¢ ann¢xed financial statem¢nts. This year the organisation registered a deficit which was preplann¢d and relat¢d to activities carried out in the y¢ar and somc irrecoverable debts writtcn off. Principal risks and uncertainties The main risk and uncertaintics facing the charity includ¢s'. Obtaining funding and Sponsorship for the charity's activities. b. Ability to maintain our Care Quality Commissions, CQC fully complaint status. . Access to grant funds. d. Crises such as Covid or Earthquakes, again effecting TCCA'S ability to operate. Page 13 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 STIUTEGIC REPORT Financial and risk management objectives and policies The management conllnittee has conducted a review of the major risks, to which the charity is exposed to and systems have been established to mitigate those risks. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal risks ar¢ minimis¢d by thc impl¢m¢ntation of proc¢dur¢s for authorisation of all transactions and projects and to ensur¢ consistent quality of delivery for all operational aspects of the charitable company. These procedures are periodically reviewcd to ensure that they still meet th¢ needs of the charity. Ability to maintain our CQC fully complaint status in an ar¢na that places more and more r¢quirem¢nts within th¢ provision of car¢. To maintain these standards, we remain as a cach¢-accr¢dit¢d training c¢nter that boosts new and innovative bespoke training cours¢s. Bad Debts TCCA has noted that wc hav¢ a high l¢vcl of Old￿ dcbtors, this has also b¢¢n raised as a concern by our auditors. To redress this, TCCA will be undcrtaking legal action against any debts that are ovcr 12 months old and revicw any debts over 6 months. During the previous period, Debtors came domm, however, we are a long way from where th¢ organization should b¢. Th¢ organization continu¢s to r¢cover bad debts was made on a case-by-case judgment as to debtors in July 2024, onc¢ all possibl¢ options for recov¢ry ar¢ exhausted including taking l¢gal remedies it will only then be presented at the Annual Business planning ev¢nt, and a r¢qu¢st is made that due to th¢ debtor being dcccased or debts being so old that no legal action is viable, and write off is the only possible coursc of action Provision has been made for all doubtful dcbts. This year we wrote off several bad debts, where debtors were dcccascd and we had a minimum chance of recovery, another reason for regiSt￿illg a deficit. Page 14 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 STIUTEGIC REPORT FUTURE PLANS 1. 117 GREEN LANES RENOVATIONS 117 Green Lanes, Hacl(ney, has now been renovated and the organization has an agreement signed for the rental of upper residential areas, that tenants have occupied and we are now in the process of renovating the ground and basement levels for use as a TV studio. 2. SOCDIL MEDD TCCA manages accounts on FacebooL Twitter, Tic toc and Instagram. We are looking at ways to makc improvements to all 3 platfornis and establish ways to increase followers, exposure, and community links. 2025 will see some major changes and revamping of all platfornis which is necessary to keq) up with ever-merging trends and discussions. Last year we launched our new website but expect to make further refmements to the site. 3. TV CEL4NNEL TCCA TCCA has for over two years been considering launching a streaming service that will allow us to be able to communicate with the wider community in a framework that is accessible. Cuffently, we are in the final stages of feasibility study, and should the study prove positive we will move towards the purchase of equipment and begin to deliver a bi-lingual conununity channel. 4. LONG TERM HEALTH ALND WELL BEING We have over the last few Yea￿ been supporting hospitals and medical institutions with the scope to develop new innovative culturally-based projects that empower patients with choice, we are now keen to further develop this idea into working projects. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of tnlst, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Recruitment and appointment of neiv trustees set in the Articles of Association the trnstees are elected by the members of the organisation at the Annual General Meeting and as set in the Articles of Association the chair is elected by the elected Memberg. At the annual general meeting, one-third of the members of the management conllnittee retire from the office, and the new elections are held. Trustees are elected every two years, however, should a position become vacan¢ then these positions can be filled by co-opting onto the committee. This period we had one resignation of a Trnstee. Page 15 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 STRUCTURE, GOVERNANCE Ar￿D MANAGEMENT Organisational structure The Management Committee also known as the board of trnstees, agrees on overall strategy, policies, fmancial conduct, and staffmg requirements for the charity. The elected Chai0)e￿on is responsible for enS￿illg the implementation of trnstee decisions and overall policies. Members of the charity may also take part in shaping any policy-making activity by passing resolutions at the Annual General Meeting. Responsibility for operations, payments and management matters has been del¢gat¢d to the Chief Ex¢cutiv¢ oificer. This is managed within a clearly understood framework of strategic control. The Board of Trustees is involvcd in detcrn]ining corporate strategy, including setting key strat¢gic objectives and targets, and making major decisions involving the use of financial and other resourc¢s. The tnJst¢es can del¢gat¢ responsibility for specified matters to individual members or committ¢es of th¢ board. Curr¢nt sub-committees are Financ¢ and Administratio￿ Festival, Awards, Quality Assurance and policy, Property and S¢rvice DevelopmenL Staffing, Hom¢car¢, and general Manag¢ment. D¢cisions can b¢ taken by individual members und¢r del¢gat¢d powers. All actions ar¢ discussed and r¢corded in writt¢n minutes that are shared with the full board of tnJst¢es. Trustees hold r¢gular meetings once a month and ¢xtra m¢etings ar¢ h¢ld in between wh¢n necessary to review strategy, policy, and perfonnancc, to set the management plans and budgets, and for staffing matters. Additional sub-committees are fonned for each project to supcrvise and provide guidance for further devclopm¢nt. Human Resources, Occupational Therapy, and Health and Safety Support are administcrcd under a service agrecment with Citation. Induction and training of new trustees All trustees undcrgo an orientationlrcfresher day within the f￿st week of being clectcd. Thc puo)ose is to brief them on legal obligations under charity and charity law, the content of the mcmorandum and articles of association, committee and decision-making processes, the latest business pla￿fOreCaSt and planned direction of the charity, and recent financial pcrforniance. During the induction day, they meet key employecs and other trustces. Trustecs are cncouragcd to attend appropriatc cxtemal training events which will facilitate the undertaking of their rolc. TCCA also organizes in-house training for all trustees. It is further planned to create a trnstee newsletter with updates on legislation affecting trnstees and implantation of any additional changes that would ensure trustees remain compliant with any changes in legislation. All trnstees complete a confiict-of-interest fonn and are enhanced DBS checked. Engagement with suppliers, customers and others Our rclationship with our customers is key to the ongoing success of the business. The necds and cxpcctation of customers arc an integral part of our business strategy. We plan to ensure that the charity delivcrs serviccs of a very high standard and complies with all safety regulations. We encourage long tcrni relationship with our suppliers through collaboration and development of high quality supply chains. Page 16 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 STRUCTURE, GOVERNANCE Ar￿D MANAGEMENT Non trustee key management personel: Manager Care se￿Ice8 - N. Mustafa - responsible for care services. Manager care Services - S. Cankaya - responsible for care se￿Ice8 (Part time free lance) Accounts - N.Erdinc - responsible for accounts and finance op￿atIOnS Managancnt - S. M¢hm¢t Ozkurtlar - responsible for all bookings mad¢ at our centres Custodians of Properties 117 Green Lanes, London N16 l. Y Ismailoglu 2. 1 Mustafa 3. H Raif - (deceased) STREAMLINED ENERGY ALND CARBON REPORTING Th¢ ch￿ity'S energy consumption was below the annual thr¢8hold hcnc¢ arc not r¢quir¢d to includ¢ th¢ ¢n￿gY and carbon infonnation reports in th¢ accounts. Th¢ company has choscn as per the compani¢8 regulation 2018 not to include ¢n¢rgy and carbon infonnation rq)ort on its rq)orts. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directo￿ of Turkish Cypriot Community Association for the puryoses of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praetiee) including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law requires the trustees to prepare financial statements for each financial year which give a truc and fair vicw of th¢ stat¢ of affairs of the charitable company and of th¢ incoming r¢sourc¢s and application of resources, including th¢ income and ¢xp¢nditur¢, of the charitable company for that period. In preparing those financial statemcnts, the trustees arc rcquired to select suitable accounting policies and then apply them consistently" observ¢ the methods and principl¢s in the Charity SORP. make judgements and estimates that are reasonable and prud¢nt' state whethcr applicablc accounting standards have been followed, subject to any material departures disclosed and cxplained in the f￿￿ncIal statemcnts. prepare the financial statements on the going concern basis unless it is inappropriate to presume that thc charitable company will continue in business. The trustecs are responsible for keq)ing proper accounting records which disclose with reasonable accuracy at any time the f￿￿ncIal position of the charitable company and to cnable them to ensure that the fmancial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable stq)s for the prevention and detection of fraud and other iffegularities. In so far as the trustees are aware: there is no relevant audit information of which the charitable company's auditors are unaware. and the trnstees have taken all steps that they oU￿t to have taken to make themselves aware of any relevant audit information and to establish that the audito￿ are aware of that infonnation. Page 17 Turkish Cypriot Community Association Report of the Trustees for the year ended 31 March 2024 AUDITORS The auditors, Alton & Co, will be proposed for re-appointment at the forthcoming Annual General Meeting. Report of the trnstees, incoryorating a strategic report, approved by order of the board of trustees, as the company directors, on 26 March 2025 and signed on the board's behalf by: Mr N Envcr - Truste¢ Page 18 Report of the Independent Auditors to the Members of Turkish Cypriot Community Association Opinion W¢ have audited the financial statements of Turkish Cypriot Community Association (th¢ 'charitable company,) for the y¢ar ¢nded 31 March 2024 which comprise th¢ Stat¢m¢nt of Financial Activities, th¢ Stat¢m¢nt of Financial Position, th¢ Statement of Cash Flows and notes to th¢ financial statem¢nts, including a summary of significant accounting policies. Th¢ financial reporting fram¢work that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Gen¢rally Accepted Accounting Practice), including Financial R¢porting Standard 102 'The Financial R¢porting Standard applicabl¢ in the LtK and Republic of freland,. In our opinion th¢ financial statements.. give a true and fair view of the stat¢ of th¢ charitabl¢ company's affairs as at 3 1 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the ycar then ended; havc been propcrly preparcd in accordancc with United Kingdom Generally Accepted Accounting Practicc, including Financial Rcporting Standard 102 'The Financial Reporting Standard applicable in thc Ell( and Republic of Ireland and havc been prepared in accordance with the requirements of thc Companies Act 2006. Basis for opinion Wc conductcd our audit in accordancc with International Standards on Auditing (UK) (ISAS (LEK)) and applicable law. Our responsibilities under thosc standards are further described in the Auditors, responsibilities for the audit of the fmancial statements section of our report. Wc arc independent of thc charitable company in accordance with the ethical requirements that are relevant to our audit of the fmancial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing thc financial statements, we have concluded that the trustces, use of the going concern basis of accounting in the preparation of the f￿￿ncIal statemcnts is appropriate. Based on thc work wc have perfonned, we have not identified any material uncertaintics relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable companys ability to continue as a going concern for a period of at least twelve months from when the fmancial statements arc authorised for issue. Our responsibilities and the responsibilities of the trnstees with respect to going concern are described in the relevant sections of this report. Other information The trnstees are responsible for the other inforniation. The other inforniation comprises the inforniation included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the fmancial statements does not cover the other infonnation and, except to the extent othenvise explicitly stated in our repoQ we do not express any forni of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other inforniation and, in doing so, consider whether the other infonnation is materially inconsistent with the financial statements or our Iinowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material ineonsistencies or apparent material misstatements, we are required to detennine whether this gives rise to a material misstatement in the financial statements themselves. If, based on th¢ work wc have p¢rfonned, wc conclud¢ that thcrc is a material misstat¢m¢nt of this other infornution, wc arc r¢quir¢d to rq)ort that fact. We hav¢ nothing to report in this regard. Page 19 Report of the Independent Auditors to the Members of Turkish Cypriot Community Association Opinions on other matters prescribed by the Companies Act 2006 In our opinion, bas¢d on th¢ work und¢rtaken in the course of th¢ audit.. th¢ infonnation given in the Report of the Trust¢es for th¢ financial year for which the financial statem¢nts are pr¢pared is consistent with the financial statements" and th¢ Report of the Tnjstees has been prepar¢d in accordanc¢ with applicable legal requirements. Matters on Ivhich Ive are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the cours¢ of the audit, w¢ have not id¢ntifL¢d material misstatan¢nt8 in the R￿Ort of th¢ TLvst¢¢8. W¢ have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting rccords have not bcen k￿t or returns adequat¢ for our audit have not been r¢c¢ived from branches not visited by us; or th¢ financial statements ar¢ not in a¥¢ement with the accounting records and returns" or certain disclosures of trustees, remun¢ration sp¢cifi¢d by law ar¢ not made; or we have not received all the inforniation and explanations we requirc for our audit. Responsibilities of trustees ¢xplained more fully in the Stat¢ment of TnJst¢es' Responsibilities, the trustees (who are also th¢ directors of the charitable company for th¢ pury)oses of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the tn]st¢es determin¢ is ncccssary to enable the preparation of financial statements that are frec from material misstatemen( whether due to fraud or error. In preparing the fmancial statements, thc trustees are responsible for assessing thc charitablc company's ability to continuc as a going concenL disclosing, as applicable, matters rclated to going concern and using the going concern basis of accounting unless the trustees eithcr intcnd to liquidatc thc charitable company or to ceasc opcrations, or have no rcalistic alternative but to do so. Page 20 Report of the Independent Auditors to the Members of Turkish Cypriot Community Association Our responsibilities for the audit ofthe financial statements Our obj¢ctives ar¢ to obtain r¢asonabl¢ assuranc¢ about wh¢th¢r the financial stat¢m¢nts as a whole are frec from mat¢rial misstat¢m¢nt, whether due to fraud or ¢rror, and to issue a Rq)ort of th¢ Ind¢p¢ndent Auditors that includ¢s our opinion. Reasonabl¢ assurance is a high level of assuranc¢, but is not a guarante¢ that an audit conducted in accordance with ISAS (UK) will always d¢tect a material misstatement wh¢n it ¢xists. Misstatements can arise from fraud or error and ar¢ considered material if, individually or in the aggregate, they could reasonably b¢ ¢xp¢cted to infiuence th¢ economic decisions of us¢rs taken on the basis of these financial statem¢nts. The extent to which our procedures are capable of det¢cting I￿¢gularItIcs, including fraud is dctailed bclow: Wc obtained an understanding of the legal and regulatory framework that arc applicable to the charity and detennined that the most significant are the Carc Quality Commissioffj Health and Safety, GDPR rcgulation, building safety rcgulation, money laundering regulation and anti bribery rcgulations. We understand how thc company is complying with those regulations by making enquirics of management and key personel. wc also reviewed cO￿¢SpOndence filcs. We identified areas of laws and regulations that could reasonably bc expected to have a material effcct on the financial statemcnts using our general commercial and sector expericnce, through discussion with the directors and other managemcnt (as requircd by auditing standards) and from inspection of the companys regulatory and legal CO￿¢spondenCe. We discussed with the trustecs and other managcment the policics and proccdures regarding compliance with laws and regulations. Wc conllnunicated those identified laws and regulations throughout our team and remained alert to any indications of non-compliancc throughout the audit. Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the directors and other management and inspection of regulatory and legal correspondence, if any. T7￿ollgh these procedures, we did not become aware of actual or suspected non-complianee. Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and p¢rfonn¢d our audit in accordance with auditing standards. For cxample, th¢ furth¢r r¢mov¢d non-compliance with laws and regulations (irregularities) is from the events and transactions r¢fl¢ct¢d in th¢ financial statfflnents, th¢ less likely the inh¢r¢ntly limited proc¢dur¢s r¢quir¢d by auditing standards would id¢ntify it. In addition, as with any audiL th¢r¢ r¢main¢d a higher risk of non-dctection of irr¢gulariti¢s, as thes¢ may involve collusion, forgery, intentional omissions, misr¢pr¢s¢ntations, or the ov¢rride of internal controls. We are not responsible for pr¢venting non-complianc¢ and cannot be ¢xp¢cted to d¢tect non-compliance with all laws and r¢gulations. A further description of our responsibilities for the audit of the financial statem¢nts is located on th¢ Financial R¢porting Council's website at www.frc.org.uldauditorsresponsibiliti¢s. This d¢scription forms part of our Report of the Indep¢ndent Auditors. Page 21 Report of the Independent Auditors to the Members of Turkish Cypriot Community Association Use of our report This report is made sol¢ly to th¢ charitable company's m¢mb¢rs, as a body, in accordance with Chapt¢r 3 of Part 16 of the Compani¢s Act 2006. Our audit work has be¢n undertak¢n so that we might state to th¢ charitabl¢ company's members those matters we are requir¢d to stat¢ to them in an auditors, r¢port and for no other purpose. To the fullest extent pennitted by law, w¢ do not accept or assum¢ r¢sponsibility to anyone other than the charitable company and the charitabl¢ company's members as a body, for our audit work, for this repor( or for th¢ opinions we have fornied. Altan Kemal FCA FCCA (Senior Statutory Auditor) for and on bchalf of Alton & Co Chartcrcd Accountants & Statutory Auditors 239-241 Kennington Lane London SEII SQU 3 1 March 2025 Page 22 Turkish Cypriot Community Association Statement of Financial Activities for the year ended 31 March 2024 2024 Total funds 2023 Total funds Unrestricted Restricted fund fund Not¢s INCOME AND Er￿DOWMENTs FROM Donations and legacies 93,605 93,605 48,146 Other trading activities Investment income 1,273,559 73,192 1,273,559 73,192 1,213,629 79,459 Total 1,346,75 1 93,605 1,440,356 1,341,234 EXPENDITURE ON Raising funds 217,831 217,831 203,060 Charitable activities Trips & feeding for the CId￿lY Fcstival ¢xp¢n8¢S General Kickstart Earth quake rcleif Community organisation Healthy n¢igbour 9,567 9,567 23,315 7,027 23,315 2,000 63,447 2,577 7,027 3,850 39,051 27,390 3,850 39,051 27,390 Other 1,130,571 1,130,571 1,110,658 Total 1,364,996 93,606 1,458,602 1,381,742 NET INCOME/(EXPENDITURE) (18,245) (i) (18,246) (40,508) RECONCILIATION OF FUNDS Total funds brought fo￿ard 758,050 758,050 798,558 TOTAL Fuf4JDS CARRIED FORWARD 739,805 (i) 739,804 758,050 The not¢s fonn part of th¢se financial statemcnts Page 23 Turkish Cypriot Community Association Statement ofFinancial Position 31 March 2024 2024 Total funds 2023 Total funds Unrestricted Restricted fund fund Not¢s FIXED ASSETS Tangible assets 12 95,855 95,855 105,355 CURRENT ASSETS Debtors Cash at bank and in hand 13 457,765 369,863 457,765 369,863 461,343 361,930 827,628 827,628 823,273 CREDITORS Amounts falling due within one year 14 (168,379 (168,379 (145,401) NET CURRENT ASSETS 659,249 659,249 677,872 TOTAL ASSETS LESS CURRENT LIABILITIES 755,104 755,104 783,227 CREDITORS Amounts falling due after more than one year 15 (15,300) (15,300) (25,177) NET ASSETS 739,804 739,804 758,050 Fuf4DS Unrestricted funds 17 739,804 758,050 TOTAL Fuf4DS 739,804 758,050 The f￿￿ncIal statements were approved by the Board of Trustees and authorised for issue on 26 March 2025 and were sI￿¢d on its behalf by.. Mr N Enver - Trustee The not¢s fonn part of th¢se financial statemcnts Page 24 Turkish Cypriot Community Association Statement of Cash Flows for the year ended 31 March 2024 2024 2023 Notes Cash floivs from operating activities Cash generated from operations Interest paid 18,453 (772) (101,810) (I,ooD Net cash provided byl(us¢d in) OP￿atIng activities 17,681 (102,817) Cash floiys from investing activities Purchas¢ of tangible fixed assets (16,854) Net cash provided byl(used in) investing activities (16,854) Cash floivs from financing activities Loan r￿aymentS in year (9,877) (9,642) Net cash uscd in financing activities (9,877) (9,642) Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 7,804 (129,313) 36 1,930 491,243 Cash and cash equivalents at the end of the reporting period 369,734 361,930 The notes forni part of these financial ststements Page 25 Turkish Cypriot Community Association Notes to the Statement of Cash Floivs for the year ended 31 March 2024 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPEILITING ACTIVITIES 2024 2023 Net expenditure for the reporting period (as per the Statement of Financial Activities) Adjustments for: D¢preciation charges Interest paid Decreasel(incrcasc) in debtors Increasel(decrcase) in creditors (18,246) (40,508) 9,500 772 3,578 22,849 16,017 1,007 (9,458) (68,868) Net cash provided byl(used in) operations 18,453 (101,810) ANALYSIS OF CASH AfiD CASH EQUIVALENTS 2024 2023 Cash in hand Notice deposits (l¢ss than 3 months) Overdrafts included in bank loans and overdrafts falling due within one year 204 36 1,726 369,863 (129) Total cash and cash equivalents 369,734 36 1,930 ANALYSIS OF CHANGES IN P￿T FUIYDS At 114123 Cash flow At 3 113124 Net cash Cash at bank and in hand Bank overdraft 36 1,930 7,933 (129) 369,863 (129) 36 1,930 7,804 369,734 Debt Debts falling due within l ycar Debts falling due after l year (9,641) (25,177) (9,641) (15,300) 9,877 (34,818) 9,877 (24,941) Total 327, 112 17,681 344,793 The notes forni part of these financial ststements Page 26 Turkish Cypriot Community Association Notes to the Financial Statements for the year ended 31 March 2024 ACcOUP￿ING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Rq)orting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicabl¢ in the UK and R￿UbliC of treland, and the Companies Act 2006. The financial stateLn¢nts hav¢ been prepared under th¢ historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the fimds, it is probable that the income will be received and the amount Can be measured reliably. The aecrual model is used in recognition of grants where grants are matched against the expenditure it is compensating for or the condition for the grant has been fidfilled. Carc incom¢ is th¢ amount d¢riv¢d from the provision of care 8¢rviccs, and stated aftcr trade discounts, other sales taxes. It is rccogniscd whcn the charity obtains the right to the consideration after the scrvice is providcd. Expenditure Liabiliti¢s are recognis¢d as expenditure as soon as there is a legal or constructive obligation committing th¢ charity to that expenditure, it is probable that a transfer of ¢conomic ben¢fits will be r¢quired in settlem¢nt and the amount of th¢ obligation can be m¢asur¢d reliably. Expenditure is accounted for on an accnjals basis and has be¢n classifi¢d und¢r h¢adings that aggregate all cost r¢lated to the category. IlThere costs cannot be directly attributed to particular h¢adings they hav¢ been allocatcd to activities on a basis consistent with the use of resources. Tangible fixed assets Dq)reciation is provided at the following annual rates in order to write off Cach asset ovcr its estimated useful life. Freehold property Short leas¢hold Plant and machinery 20/0 on cost straight line over the life of th¢ lease 25 % on rcducing balance Taxation Th¢ charity is ¢xempt from co￿oration tax on its charitable activities. Fund accounting Unrestricted funds can bc used in accordance with the charitable objectives at the discretion of th¢ tnJst¢es. Restricted funds can only be used for particular restricted purpos¢s within the objects of th¢ charity. Restrictions arise when specified by thc donor or when funds are raised for particular restricted pU￿oses. Furthcr explanation of the naturc and puo)ose of cach fund is included in the notes to the fmancial statements. Page 27 continued... Turkish Cypriot Community Association Notes to the Financial Statements continued for the year ended 31 March 2024 ACcOUP￿ING POLICIES - continued Hire purchase and leasing commitments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the p&iod of the lease. Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Going concern In the trnstees assessment of the charity's ability to continue in operational existence for the foreseeable future, they have assessed the impact of the cuffent cost of living crises on their funding and operations. Their main source of income being the provision of care services; with enhanced safety protocols they do not expect the cuttent cost of living crisis to significantly affect the operational ability of the charity. DONATIONS AIND LEGACIES 2024 2023 Donations Grants 200 47,946 93,605 93,605 48,146 Grants received, included in the above, are as follows.. 2024 2023 All other grants Kick start grant Oth¢r grants 93,605 4,800 2,577 40,569 93,605 47,946 Page 28 continued... Turkish Cypriot Community Association Notes to the Financial Statements continued for the year ended 31 March 2024 OTHER TIUDING ACTIVITIES 2024 2023 Fundraising events Income - care 910 1,212,719 1,273,559 1,273,559 1,213,629 INVESTMENT INCOME 2024 2023 Restaurant hir¢ Office room hire 48,507 24,685 17,281 62,178 73,192 79,459 II41SING Fuf4DS Other trading activities 2024 2023 Bad debts Direct care provision exps. Support costs 39,857 168,474 9,500 203,060 217,831 203,060 CFL4RITABLE ACTIVITIES COSTS Support costs (see note 7) Trips & f¢eding for the ¢lderly Festival cxpcnscs Gcneral Earth quake relcif Community organisation Healthy neigbour 9,567 23,315 7,027 3,850 39,051 27,390 110,200 Page 29 continued... Turkish Cypriot Community Association Notes to the Financial Statements continued for the year ended 31 March 2024 SUPPORT COSTS Governance costs Management Finance Totals Other trading activities Other resources expended Trips & feeding for the eld￿lY Festival ¢xp¢ns¢8 G¢n¢ral Earth quake relcif Community organisation H¢althy neigbour 9,500 1,079,786 9,567 23,315 7,027 3,850 39,051 27,390 9,500 1,130,571 9,567 23,315 7,027 3,850 39,051 27,390 25,395 25,390 1,199,486 25,395 25,390 1,250,271 NET INCOMEI(EXPEfiDITURE) Nct incomef(expenditure) is stated after chargingl(crediting): 2024 2023 Auditors, rcmuneration Auditors, rcmuneration for non audit work Dcpreciation - owned assets Hire of plant and machinery 4,200 3,000 9,500 582 4,200 3,000 16,0 17 426 TRUSTEES, REMUNERATION AIND BEr￿FITs Thcrc wcrc no truste¢s' remuneration or other bcncfits for the year ended 3 1 March 2024 nor for the year ended 3 1 March 2023. Trustees, expenses Thcrc were no trustees, cxpcnscs paid for thc year ended 3 1 March 2024 nor for the year cnded 3 1 March 2023. Page 30 continued... Turkish Cypriot Community Association Notes to the Financial Statements continued for the year ended 31 March 2024 10. STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 932,570 73,340 9,824 874,570 63,517 9,248 1,015,734 947,335 Th¢ averag¢ monthly number of ffl]ployees during the year was as follows: 2024 10 36 2023 Administration & other operations staff Care staff 30 46 41 No employecs received emoluments in excess of £60,000. 11. COMPARATIVES FOR THE STATEMENf OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund Total funds INCOME AfiD ETr4DOWMENfs FROM Donations and legacies 48, 146 48, 146 Othcr trading activitics Investment incomc 1,213,629 79,459 1,213,629 79,459 Total 1,341,234 1,341,234 EXPEINDITURE ON Raising funds 203,060 203,060 Charitable actiTrities Festival ¢xp¢ns¢s General Kickstart 2,000 63,447 2,577 2,000 63,447 2,577 Othcr 1,087,389 23,269 1,110,658 Total 1,358,473 23,269 1,381,742 NET INCOMEI(EXPEfiDITURE) (17,239) (23,269) (40,508) RECONCILIATION OF FU[￿Ds Total funds brought forward 775,289 23,269 798,558 Page31 continued... Turkish Cypriot Community Association Notes to the Financial Statements continued for the year ended 31 March 2024 11. COMPAIUTIVES FOR THE STATEMEwf OF FINANCIAL ACTIVITIES- continued Unrestricted Restricted Total fund fund funds TOTAL FUTr4DS CARRIED FORWARD 758,050 758,050 12. TANGIBLE FLKED ASSETS Freehold property Short leasehold Plant and machinery Totals COST At l A￿11 2023 and 3 1 March 2024 111,545 224,378 200,865 536,788 DEPRECIATION At l April 2023 Charge for year 36,934 1,814 224,378 170, 121 7,686 43 1,433 9,500 At 3 1 March 2024 38,748 224,378 177,807 440,933 INET BOOK VALUE At 3 1 March 2024 72,797 23,058 95,855 At 3 1 March 2023 74,611 30,744 105,355 13. DEBTORS: AMouf+rrs FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Rent deposit - Haningey Counc Prepayments Accrued income 330,308 11,250 5,698 110,509 345,591 11,250 3,500 10 1,002 457,765 461,343 Page 32 continued... Turkish Cypriot Community Association Notes to the Financial Statements continued for the year ended 31 March 2024 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Bank loans and overdrafts (see note 16) Trade credito Kitchen & Hall deposit Social security and other taxes Wages control Pension control Accrued expenses 9,770 30,535 5,000 18,576 94,797 2,501 7,200 9,641 26,045 5,000 18,842 76,458 2,215 7,200 168,379 145,401 15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE T￿￿￿ ONE YEAR 2024 2023 Bank loans (see not¢ 16) 15,300 25,177 16. LOANS An analysis of the maturity of loans is giv¢n bclow: 2024 2023 Amounts falling duc within one year on demand.. Bank overdrafts Bank loans 129 9,641 9,641 9,770 9,641 Amounts falling between one and two years.. Bank loans - 1-2 years 9,641 9,641 Amounts falling due between two and five years: Bank loans - 2-5 years 5,659 15,536 Page 33 continued... Turkish Cypriot Community Association Notes to the Financial Statements continued for the year ended 31 March 2024 17. mOvEMEP￿ IN FUNDS Net movement in fimds At 3 113124 At 114123 Unrestricted funds General fund 758,050 (18,246) 739,804 TOTAL FUTr4DS 758,050 (18,246) 739,804 Net movement in fl￿ds, included in the above are as follows: Incoming resources Resources cxpended Movement in funds Unrestricted funds Gcneral fund 1,346,751 (1,364,997 (18,246) Restricted funds Restricted funds 93,605 (93,605) TOTAL FUTr4DS 1,440,356 (1,458,603 (18,246) Comparatives for movement in funds Net movement in ￿llds At 114122 3 113123 Unrestricted funds General fund 775,289 (17,239 758,050 Restricted funds Restricted funds 23,269 (23,269 TOTAL Fuf4DS 798,558 (40,508) 758,050 Page 34 continued... Turkish Cypriot Community Association Notes to the Financial Statements continued for the year ended 31 March 2024 17. mOvEMEP￿ IN FUNDS - continued Comparative net movement in funds, included in the above are as follows: Incoming r¢sources Resources cxpended Movement in fimds Unrestricted funds General fund 1,341,234 (1,358,473) (17,239) Restricted funds Restricted funds (23,269 (23,269 TOTAL FUTr4DS 1,341,234 (1,381,743 (40,508) A current year 12 months and prior year 12 months combincd position is as follows: Net movemcnt in fimds At 3113124 At 114122 Unrestricted funds General fimd 775,289 (35,485) 739,804 Restricted funds Restricted funds 23,269 (23,269 TOTAL FUTr4DS 798,558 (58,754) 739,804 A cuffent year 12 months and ￿lor year 12 months combined net movement in funds, included in the above are as follows.. Incoming resources Resources cxpended Movement in fimds Unrestricted funds General fund 2,687,985 (2,723,470) (35,485) Restricted funds Restricted funds 93,605 (116,874) (23,269 TOTAL FUTr4DS 2,781,590 (2,840,34ty (58,754) Page 35 continued... Turkish Cypriot Community Association Notes to the Financial Statements continued for the year ended 31 March 2024 18. RELATED PARTY DISCLOSURES Transactions Ivith persons with significant influence: Title to freehold interest in 117 Green Lanes property is held in the names of some of the trnstees jointly for the charity. 19. LIMITATION OF LIABILITY The charity is a private Limited Company by guarantee without share capital use of 'Limited' exemption. Page 36 Turkish Cypriot Community Association Detailed Statement of Financial Activities for the year ended 31 March 2024 2024 2023 INCOME AND Er￿DOWMENTs Donations and legacies Donations Grants 200 47,946 93,605 93,605 48,146 Other trading activities Fundraising events Income - care 910 1,212,719 1,273,559 1,273,559 1,213,629 Investment income Restaurant hire oiricc room hirc 48,507 24,685 17,281 62,178 73,192 79,459 Total incoming resources 1,440,356 1,341,234 EXPEINDITURE Other trading activities Bad debts Direct care provision exps. 39,857 168,474 203,060 208,331 203,060 Support costs Management Wages Social security Pensions Hire of plant and machinery Rent, Rates and water tnsurance Light and heat Telephone Postage and stationery Advertising ca￿lea fonvard 932,570 73,340 9,824 582 28,379 7,817 18,096 4,797 2,949 1,400 1,079,754 624,358 63,517 9,248 426 27,679 7,574 12,868 5,354 7,351 637 759,012 This page does not forni part of the statutory financial statements Page 37 Turkish Cypriot Community Association Detailed Statement of Financial Activities for the year ended 31 March 2024 2024 2023 Managen)ent Brought fonvard Legal & professional fees Cleaning expenses Project activities Project meetings Computer expenses Repairs & r¢n¢wals Subscription & membership fee Training Motor & travelling cost Staff welfare Freehold property Short leasehold Plant and machincry 1,079,754 16,839 10,774 30,471 729 8,530 15,073 476 19,458 1,067 6,815 1,814 759,012 30,400 10,044 31,155 502 7,464 18,806 593 24,660 2,598 9,048 1,814 3,955 10,248 7,686 1,199,486 910,299 Finance Fines & penalties Bank charges Donations Interest payable 19,168 656 4,799 772 117 534 9,313 1,007 25,395 10,971 Governance costs Wages Auditors, remuneration Auditors, remuncration for non audit work Professional and Icgal fccs 250,212 4,200 3,000 4,200 3,000 18,190 25,390 257,412 Total resources expended 1,458,602 1,381,742 Net expenditure (18,246) (40,508) This page does not forni part of the statutory financial statements Page 38