London Community College
| Charity Information | ||
|---|---|---|
| Trustees Annual Report |
||
| Independent Examiner's |
Report | |
| Statement of Financial Activities | ||
| Balance Sheet | ||
| Notes to the Financial Statement | 10-13 |
| Registered | Charity | Name | London Community | College |
|---|---|---|---|---|
| Charity Registration | Number | 1093358 | ||
| Principal Office | 97-99Park Street | |||
| Luton | ||||
| Bedfordshire | ||||
| LU1 3HG | ||||
| Trustees | Mr SBAZaidi | |||
| Mrs H Z Zaidi | ||||
| Mr M H Zaidi | ||||
| Independent | examiner | KKAssociates | ||
| Chartered Accountants |
||||
| 305 Crown House | ||||
| North Circular Road | ||||
| Park Royal | ||||
| London NW10 7PN | ||||
| Bankers | Barclays Bank PLC | |||
| 1 Churchill Place |
||||
| London E145HP |
| YEA | R ENDED 31 O | CTOBER 20 | 23 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | ||
| Funds | Funds | 2023 | 2022 | ||
| INCOME AND | Note | ||||
| ENDOWMENTS FROM: | |||||
| Donations | 2,590 | 23,312 | 25,902 | 42,600 | |
| TOTAL INCOME | 2,590 | 23j312 | 25,902 | 42,600 | |
| EXPENDITURE ON: | |||||
| Charitable activities |
(2,483) | (8,087) | (10,570) | (84,561) | |
| TOTAL EXPENDITURE | (2,483) | (8,087) | (10,570) | (84,561) | |
| NET MOVEMENT IN FUNDS | 107 | 15,225 | 15,332 | (41,961) | |
| RECONCILIATION | OF | ||||
| FUNDS: | |||||
| Total funds brought forward |
13,864 | 14,324 | 28,188 | 70,149 | |
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 13,971 | 29,549 | 43,520 | 28,188 |
| BALANCE SHEET | BALANCE SHEET | BALANCE SHEET | |||||
|---|---|---|---|---|---|---|---|
| 31 OCTOBER 2023 | |||||||
| 2023 | 2022 | ||||||
| Note | |||||||
| FIXEDASSETS | |||||||
| Tangible assets | 1,444 | 1,926 | |||||
| CURRENT ASSETS | |||||||
| Debtors | 5,250 | ||||||
| Cash at bank and in hand | 37,476 | 26,912 | |||||
| 42,726 | 26,912 | ||||||
| CREDITORS: Amounts | falling | due within one | |||||
| year | (650) | (650) | |||||
| NET CURRENT ASSETS | 42,076 | 26,262 | |||||
| TOTAL ASSETSLESS | CURRENT LIABILITIES | 43,520 | 28,188 | ||||
| TOTAL NET ASSETS | 12 | 43,520 | 28,188 | ||||
| FUNDS OF THE CHARITY | |||||||
| Restricted income funds | 10 | 29,549 | 14,324 | ||||
| Unrestricted income funds |
11 | 13,971 | 13,864 | ||||
| TOTAL CHARITY FUNDS | 12 | 43,520 | 28,188 | ||||
| These accounts have been | prepared | in accordance | with | the provisions | applicable to companies | subject | |
| to the small companies regime set |
out in Part 15ofthe | Companies | Act | 2006. |
| Unrestricted | Restricted | Total Funds | Total Funds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | ||
| Education | 8ctraining | 8,087 | 8,087 | 80,467 | |
| Governance | Cost (Note 5) | 2,483 | 2,483 | 4,094 | |
| 2,483 | 8,087 | 10,570 | 84,561 |
| This is stated after charging: | This is stated after charging: | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Depreciation | 642 | 642 | |||||
| Independent examiners |
fees | 650 | 650 | ||||
| GOVERNANCE COSTS | |||||||
| Unrestricted | Total Funds | Total | Funds | ||||
| Funds | 2023 | 2022 | |||||
| Administration expenses |
1,351 | 2,802 | |||||
| Independent examiners |
fees | 650 | 650 | ||||
| Depreciation | 482 | 642 | |||||
| 2,483 | 2,483 | 4,094 | |||||
| STAFF COSTS AND | EMOLUMENTS | ||||||
| Total staff costs were as follows: | |||||||
| 2023 | 2022 | ||||||
| Wages and salaries | 8,087 | 80,467 | |||||
| Particulars ofemployees: | |||||||
| The average number ofemployees | during the year, | calculated | on the basis offull-time | equivalents, | |||
| was as follows: | |||||||
| 2023 | 2022 | ||||||
| No. | No. | ||||||
| Number ofpermanent | staff | 1 | 4 |
| TANGIBLE | FIXEDASSETS | |
|---|---|---|
| Fixtures &Equipment | ||
| COST | ||
| At 1 November | 2022 | 68,790 |
| Additions | ||
| Disposal | ||
| At 31 October | 2023 | 68,790 |
| DEPRECIATION | ||
| At 1 November | 2022 | 66,864 |
| Charge for the | year | 482 |
| Eliminated on |
disposals | |
| At 31October | 2023 | 67,346 |
| NET BOOK VALUE | ||
| At 31October | 2023 | 1,444 |
| At 31October | 2022 | 1,926 |
| 2023 | 2022 | ||
|---|---|---|---|
| Trade | debtors | 5,250 | |
| 5,250 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Taxation | and | social | security | ||
| Accruals | 650 | 650 | |||
| 650 | 650 |
| Balance at | Income | Expenditure | Balance at | ||||
|---|---|---|---|---|---|---|---|
| 1 Nov 2022 | 31Oct 2023 | ||||||
| Education | and | training | 14,324 | 23,312 | (8,087) | 29,549 |
| Balance at | Income | Expenditure | Balance at | |||
|---|---|---|---|---|---|---|
| 1 Nov 2022 | 31Oct 2023 | |||||
| General Funds | 13,864 | 2,590 | (2,483) | 13,971 | ||
| SUMMARY OFASSETSAND | LIABILITIESOF EACH CATEGORY OF FUNDS OF | |||||
| THE CHARITY | ||||||
| Unrestricted | Restricted | Total | ||||
| Funds | Funds | Funds | ||||
| 2023 | 2023 | 2023 | ||||
| Fixed assets | 1,444 | 1,444 | ||||
| Debtors | 5,250 | 5,250 | ||||
| Cash at bank | and in hand | 13,177 | 24,299 | 37,476 | ||
| Creditors | (falling | (650) | (650) | |||
| due | within one year) | |||||
| Net assets | 13,971 | 29,549 | 43,520 | |||
| Unrestricted | funds | 13,971 | 13,971 | |||
| Restricted | funds | 29,549 | 29,549 | |||
| Total charity | funds | 13,971 | 29,549 | 43,520 | ||
| Unrestricted | Restricted | Total | ||||
| Funds | Funds | Funds | ||||
| 2022 | 2022 | 2022 | ||||
| Fixed assets | 1,926 | 1,926 | ||||
| Debtors | ||||||
| Cash at bank | and in hand | 12,588 | 14,324 | 26,912 | ||
| Creditors | (falling | (650) | 0 | (650) | ||
| due | within one year) | |||||
| Net assets | 13,864 | 14,324 | 28,188 | |||
| Unrestricted | funds | 13,864 | 13,864 | |||
| Restricted | funds | 14,324 | 14,324 | |||
| Total charity | funds | 13,864 | 14,324 | 28,188 |