Kevork Tahtayan Armenian Community School Trust
Charity Number : 1087267
Kevork Tahtayan Armenian Community School Trust
Trustees Report and Financial Statements
for the year ended 30 November 2024
Kevork Tahtayan Armenian Community School Trust
Contents
| Legal and Administrative Information | 1 |
|---|---|
| Trustees Report | 2-3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 |
Kevork Tahtayan Armenian Community School Trust
Legal and Administrative Information
| Charity No. | 1087267 | |
|---|---|---|
| Charity Address | 4 Manor Road | |
| HARROW | ||
| HA1 2PB | ||
| Trustees | Dr Karnik Tarverdi | Chair |
| Setrag Karanfilian | Trustee | |
| Garo Karabeyekian | Trustee | |
| Zorik Gasparian | Trustee | |
| Stephen Tatulian | Trustee | |
| Viken Haldjian | Trustee |
| Independent Examiner | Ashburns Accountants Ltd |
|---|---|
| Chartered Certified Accountants and Registered Auditors | |
| 70-72 Victoria Road | |
| Ruislip Manor | |
| Middlesex | |
| HA4 0AH |
Page 1
Kevork Tahtayan Armenian Community School Trust
Trustees' Report
The trustees present their report and the financial statements for the year ended 30 November 2024. The trustees who served during the year and up to the date of this report are set out on page 1.
Structure, Governance & Management
Kevork Tahtayan Armenian Community School Trust is a registered charity number 1087267. The Charity's governing document is its Trust Deed dated 01 June 2001. There have been change of Trustees during this period which has now been recorded with the Charity Commission. The Trustees are nominated partly by the School Parents Committee and partly by the Armenian Community Council of Great Britain who in turn are elected every three years by the Armenian Community in Great Britain.
Objectives & Activities
The charity's objective is to advance education by the provision and maintenance of the school and through the provision of grants to undergraduates to follow in Armenian studies or similar subjects.
The trustees have considered the Charity Commission's guidance of public benefit in planning the charity's activities for the year.
K Tahta Armenian Community School Trust (KTACST) has organised General Trustees meetings with the trustees present over this period.
The main topics discussed have been the following:
- Undertaking final year Armenian Language Examinations for the students, with an External Examiner setting the questions for the written examinations.
Oral examinations were undertaken by three nominated examiners including the External Examiner.
The Trustees discussed various methods of raising funds to help parents of children who are finding it difficult to pay for their tuition fees particularly because of the effects of the pandemic, and also to raise funds so that Armenian language text books can be purchased.
Over this period, funding has been obtained from Kassardjian SIS Trust £150.00 to present to the highest achieving final year students, including a donation of £4,000.00 for school expenses, The Trust also received donations of £4,000.00 from the Benlian Trust and AGBU (Armenian General Benevolent Union) for school expenses and activities.
Mr Armen Topalian has resigned as a trustee and we thank him for his valuable service to the trust and our school.
The Trustees are nominated by the School Parents Committee and by the Armenian Community Council of Great Britain who in turn are elected every three/four years by the Armenian Community in Great Britain.
Page 2
Trustees' Report Continued.
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with the applicable law and United Kingdom Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and the application of resources of the charity for that year. In preparing these financial statements, the trustees are required to:
-
Select suitable accounting policies and then apply them consistently;
-
Observe the methods and principles in the Charities SORP;
-
Make judgements and estimates that are reasonable and prudent;
-
State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act of 2011 and the Charity Accounts and Reports Regulations of 2015. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the reservation and detection of fraud and other irregularities.
On behalf of the board:
……………………………….
Dr KARNIK TARVERDI
Chair of Trustees
Date: 29/07/2025
Page 3
Kevork Tahtayan Armenian Community School Trust
Independent Examiner's Report To The Trustees On The Unaudited Accounts Of Kevork Tahtayan Armenian Community School Trust
We report on the accounts of the Trust for the year ended 30 November 2024, which are set out on pages 1 to 7.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts, and they consider that the charity is exempt from an audit under section 144(2) of the Charities Act 2011 and that an independent examination is needed.
It is our responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures laid down in the general Directions given by the Charity Commission
-
under section 145(5)(b) of the 2011 Act; and
-
to state whether particular matters have come to our attention.
Basis of independent examiner's report
Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with our examination, no matter has come to our attention:
-
(a) which gives us reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
-
(b) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
David Rahman
David Rahman FCCA
Ashburns Accountants Ltd
Chartered Certified Accountants and Registered Auditors 70-72 Victoria Road, Ruislip, Middlesex, HA4 0AH
Date: 29/07/2025
Page 4
Kevork Tahtayan Armenian Community School Trust
Statement of Financial Activities for the year ended 30 November 2024
| Incoming resources Fundraising & Donations Affiliation Fees Interest Received Charitable Expenditure Charitable Activities Management & Administration Printing Bank charges Total resources expended Net movement in funds Net income/ (Deficit) for the year Funds balance b/fwd Funds balance c/fwd |
2024 £ 37,702 37,702 - 1,305 - 7 1,312 36,390 120,511 156,901 |
2023 £ 27,759 |
|---|---|---|
| 27,759 | ||
| 10,000 90 64 9 |
||
| 10,163 | ||
| 17,596 102,915 |
||
| 120,511 |
In addition to the cash funds carried forward, the charity holds a small number of assets in the form of books, school furniture and fittings and IT equipment.
All of the above amounts relate to continuing activities and relate to unrestricted funds.
The statements of financial activities includes all gains and losses in the year and therefore a separate state of recognised gains and losses has not been prepared.
Page 5
Kevork Tahtayan Armenian Community School Trust
Balance Sheet as at 30 November 2024
| Current Assets Petty cash Accounts Receivable Natwest Bank Other Debtors Current Liabilities Accounts Payable Expenses Control A/c Money owed to individuals Accruals - Others Accruals - Accountancy Total Net Assets Capital & Reserves Equity balance b/fwd Retained Earnings / (Losses) Total Charity Funds Signed on behalf of the Trustees |
£ £ £ £ 156,901 120,511 156,901 120,511 - - 156,901 120,511 120,511 102,915 36,390 17,596 156,901 120,511 2024 2023 |
£ £ £ £ 156,901 120,511 156,901 120,511 - - 156,901 120,511 120,511 102,915 36,390 17,596 156,901 120,511 2024 2023 |
|---|---|---|
| 156,901 | ||
| - | ||
| 120,511 | ||
| 102,915 17,596 |
||
| 120,511 | ||
…………………………………..
Dr KARNIK TARVERDI
Chair of Trustees Date: 29/07/2025
Page 6
Kevork Tahtayan Armenian Community School Trust
Notes forming part of the Accounts for the year ended 30 November 2024
1 Accounting Policies
a) Accounting Standards
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities, and the charities (accounts and reports) regulations 2015 and applicable accounting standards.
The principal accounting policies adopted in the preparation of the financial statements are as follows:
b) Incoming Resources
Donations are recognised in the year they are receivable. Subscriptions and income from fund raising events are recognised in the year they are receivable.
c) Expenditure & Liabilities
Liabilities are recognised as soon as there is legal or constructive obligation committing the charity to the expenditure.
d) Funds Structure Policy
All the operations of the charity are unrestricted in nature.
2 Trustees' remuneration & expenses
The trustees did not receive any remuneration and disbursements from the charity during the year, (2023: Nil).
Page 7