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2020-12-31-accounts

Company information
Directors TStylianou
A Kyprianou
D Bliss
C
P Georgiou		 ft u.&~~ g 1-~ q.g)
Company number 4022199
Registered office 1160High Road
London
N20 ORA
Accountants Phillips Chartered
Accountants
1160High Road
London
N20 ORA
Business address Denmark
Road
London
N8 ODZ
Bankers Cynergy Bank
PO Box 17484
87 Chase Side
London
N14 5WH

Page
Directors Report 1-4
Examiner's
report
Statement offinancial activities
Balance sheet 7-8
Notes to the financial statements 9 - 12

Period Ended Period Ended
2019 2019 31December 18
Restricted Unrestric'ted Total Total
Fund Fund
Notes
Incoming resources 2
Incoming resources from generated funds
Voluntary
income		 2
Incoming resources Irom charitable activities 34705 34,205 29,113
Investment
income
Total incoming
resources		 34 05 34 205 29 113
Resources expended
Charitable
activities		 17,138 17,138 35,757
Governance
costs		 14070 14070 9 50
Total resources expended I 08 31208 45 607
Net incoming/Outgoing resources 2,997 2,997 (16,494)
Net tmnsfer offunds
BALANCE BROUGHT FORWARD 72 654 72 654 56 160
BALANCE CARRIED FORWARD 69 657 69657 72 654

Balance sheet
as at 31December 2019
31/12/19 31/12/18
Notes K
Fixed assets
Tangible assets 38 66
Current assets
Debtors 5
Cash at bank and in hand 6 4,595 1,802
4,595 1,802
Creditors: amounts falling
due within one year (74,290) (74,522)
Net current liabilities (69,695) (72,720)
Total assets less current
liabilities (69,657) (72,654)
Detlciency ofassets 67657 (72,654)
Reserves
Designated Funds 5,000 5,000
Unrestricted Funds (74,657) (77,654)
Members' funds (69,657) (72,654)

Period Period
ended ended
3. Total resources expended Basis Restricted UnrestrictedGovernance 3V12/19 31/12/18
ofallocation activities activities
Cost directly allocated to activities:
Staffcosts Direct
Material
/k other		 direct supplies Direct 3,152 3,152 5,406
Bank Charges Direct 49 49
Travel Usage
Accountancy/Audit fees Direct 1,500 1,500 950
Bad debts Direct
Support costs allocated toactivities:
Premises Usage 6,953 6,953 17,695
General office Usage 1,132 1,132 751
Repairs /k maintenance Usage 2,623 2,623 8,646
Communications Usage 649 649 594
PPS /k computer costs Usage 152 152 440
Legal, professional /k book-keepingUsage 375
Depreciation Usage 28 28 28
Consultancy Usage 14,070 14,070 9,850
Management
committee expenses		 Usage 900 900 198
17,138 14,070 31308 45,607

Fixtures,
4. Tangible lixed assets fittings and
equipment Total
At 31December 2018 949 949
At 31December 2019 949 949
Depreciation
At 31December 2018 883 883
Charge for the period 28 28
At 31December 2019 911 911
Net book values
At 31December 2018
At 31December 2019 38 38
5. Debtors 31/12/19 31/12/18
Trade debtors
6. Bank and Cash 31/12/19 31/12/18
Bank ofCyprus 51855611 4,459 890
Petty Cash 136 912
Ld52
7. Creditors: amounts faHing due 31/12/19 31/12/18
within one year
Other creditors 600 600
Accruals aud deferred income 73,690 73,922
74,290 74,522

..continued
Unrestricted
8.. Reserves Funds Total
At31December 2018 (72,654) (72,654',
Surplus for the year 2,997 2,997
At 31December 2019 (69,657) (69,657',

Directors T Stylianou
A Kyprianou
P Georgiou
Company
number		 4022199
Registered office 1160High Road
London
N20 ORA
Accountants Phillips Chartered
Accountants
1160High Road
London
N20 ORA
Business address Denmark Road
London
N8 ODZ
Bankers Cynergy Bank
PO Box 17484
87Chase Side
London
N14 SWH

Page
Directors Report 1-4
Examiner's
report
Statement offinancial activities
Balance sheet
Notes tothe financial statements 9-12

Period Ended Period Ended
2020 2020 31December 19
Restricted Unrestricted Total Total
Fund Fund
Notes f
Incoming resources 2
Incoming resources from generated funds
Government
Covid Grant		 2 25,000 25,000
Incoming resources Irom charitable activities 29,846 29,846 34405
Investment
income
Total incoiniug resources 54 846 54 846 34205
Resources expended
Charitable
activities		 13,124 13,124 17,138
Governance
costs		 8 90 8 90 14070
Total resources expended 22014 22 014 31208
Net incoming/Outgoing resources 32,832 32,832 2,997
Net transfer offunds
BALANCE BROUGHT FORWARD 69 657 6965 72 654
BALANCE CARRIED FORWARD 36 825 36825 69657
Balance sheet
as at31December 2020
31/12/20 31/12/19
Notes f f
Fixed assets
Tangible assets 10
Current assets
Debtors 5
Cash at bank and in hand 6 40,670 4,595
Creditors: amounts falling 40,670 4,595
due within one year (77,505) (74,290)
Net current liabilities (36,835) (69,695)
Total assets less current
liabilities (36,825) (69,65TI
Deficiency ofassets {3365) (67,657)
Reserves
Designated Funds 5,000 5,000
Unrestricted Funds (41,825) (74,657)
Members' funds (36,825) (69,657)

Period Period
ended ended
3. Total resources expended Basis Restricted UnrestrictedGovernance 31/12/20 31/12/19
ofallocation activities activities
Cost directly allocated to activities:
StafFcosts Direct
Material &other direct supplies Direct 741 741 3,152
Bank Charges Direct 6 6 49
Travel Usage
Accountancy Direct 1,500 1,500 1,500
Bad debts Direct
Support costs allocated toactivities:
Premises Usage 5,160 5,160 6,953
General ofFtce Usage 397 397 1,132
Advertising Usage 600 600
Repairs &maintenance Usage 4,240 4,420 2,623
Communications Usage 444 444 649
PPS&computer costs Usage 8 8 152
Legal, professional &book-keepingUsage
Depreciation Usage 28 28 28
Consultancy Usage 8,890 8,890 14,070
Management committee expenses Usage 900
13,124 8,890 22,014 31,208

..continued
Fixtures,
4. Tangible fixed assets fittings and
equipment Total
At 31December 2019 949 949
At 31December 2020 949 949
Depreciation
At 31December 2019 911 883
Charge for the period 28 28
At 31December 2020 939 939
Net book values
At 31December 2019 38 38
At 31December 2020 10 10
5. Debtors 31/12/20 31/12/19
Trade debtors
6. Bank and Cash 31/12/20 31/12/19
Bank ofCyprus 51855611 40,421 4,459
Petty Cash 249 136
7. Creditors: amounts falling due 31/12/20 31/12/19
within one year
Other creditors 600 600
Accruals and deferred income 76,905 73,690
77,505 74,290