Charity No: 1100570
TOHUM CULTURAL CENTRE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025
TOHUM CULTURAL CENTRE
| CONTENTS | PAGE |
|---|---|
| Legal and administrative information | 1 |
| Management Committee's report | 2-3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the Financial Statements | 6 |
| Detailed income and expenditure accounts | 7 |
| Accountants' report | 8 |
TOHUM CULTURAL CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
| Management Commitee Members | Hanim Akdemir |
|---|---|
| Viladivar Carlos | |
| Gul Cifcikaya | |
| Administrative Office: | 43-45 Watford Way |
| London | |
| NW4 3JH | |
| Charity Registration Number: | 1100570 |
| Accountants: | Akademi Accountancy |
| 500 White Hart Lane | |
| London | |
| N17 7NA | |
| Bankers: | Natwest |
| Stoke Newington Branch | |
| 198 Stoke Newington High Street | |
| London | |
| N16 7GA |
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TOHUM CULTURAL CENTRE
TOHUM CULTURAL CENTRE TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025
The trustees, present their annual report together with the audited financial statements of the charity for the year ended 31 March 2025.
Recruitment & appointment of trustees
The trustees of the company and the trustees who are also directors for the purposes of company law and under the company's Articles are known as members of the Management Committee, who served throughout the year are shown on page 1. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are elected to serve for a period of one year after which they must be re elected at the Annual General Meeting.
Organisational structure
The charity is organised so that the trustees meet regularly to manage its affairs. There is a coordinator who manages the day to day administration of the charity.
Risk management
The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at the current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees are aware of the charity's non-reliance on funding from local government and efforts will be made to increase self generated income.
Section a of the Charities Act 2011
The trustees actively review guidance issued by the Charity Commission as required by Section 4 of the Charities Act 2011, to ensure compliance with such guidance.
Objectives & Activities
The charity's objects and its principal activities are to assist/advance education for those in need, advancing healthcare for those in need, assist/releif of povertyfor those in need and provide a support service for the Turkish and Kurdish speaking community.
Development, Activities and Achievements
The trustees consider that the company's activities in meeting its objectives have been satisfactory during the year under review. Tohum Cultural Centre Management Committee, staff and volunteers continue to work closely with the members of the community to preserve and enhance the identity of the Charity.
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TOHUM CULTURAL CENTRE
TOHUM CULTURAL CENTRE TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED...
Financial Review
Total income for the year amounted to £ 53,516 with total expenditure amounting to £ 41,454 leaving a surplus of £ 12,062 in the year. Accumulated reserves at the balance sheet date amounted to £ 74,738.
Future Developments
Fundraising for the year 2024/25 has been actively looked into for the organisations core activities and the aim of the trustees is to further assist in the charity's objects and its principal activities of assisting/advancing education for those in need, advancing healthcare for those in need, assisting/releif of povertyfor those in need andproviding a support services to the members of the Turkish and Kurdish speaking communities.
Responsibilities of Trustees
The trustees are required by company law to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to
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Select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping 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 Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Trustee members
The trustees who are directors for the purpose of company law who have served during the year and up to the date of this report are set out on page 1.
In accordance with company law, as the company directors, we certify that:
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so far as we are aware, there is no relevant information of which the company's independent examiners are unaware; and
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as the directors of the company we have taken ail steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity's independent are aware of that information.
Approval
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in May 2008) and in accordance with the Provisions of Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Approved by the trustees on 18/12/25 and signed on its behalf.
Gul Cifcikaya Director
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TOHUM CULTURAL CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
| INCOMING RESOURCES Donation, fees and Fundraising Grants TOTAL INCOMING RESOURCES Direct Charitable Expenditure Management and Administration TOTAL RESOURCES EXPENDED NET INCOMING RESOURCES/ (RESOURCES EXPENDED) TOTAL FUNDS B/F TOTAL FUNDS C/F |
Unrestricted Funds £ 51,485 51,485 41,213 241 41,454 10,031 62,676 72,707 |
Restricted Funds £ - 2,031 2,031 - - - 2,031 - 2,031 |
Total 2025 £ 51,485 2,031 53,516 41,213 241 41,454 12,062 62,676 74,738 |
Total 2024 £ 63,379 - |
|---|---|---|---|---|
| 129,368 | ||||
| 117,232 301 |
||||
| 117,533 | ||||
| 11,835 | ||||
| 50,841 | ||||
| 62,676 |
There were no recognised gains or losses for 2024 or 2025 other than those in the Statement of Financial Activities.
The attached notes form part of these financial statements
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TOHUM CULTURAL CENTRE
BALANCE SHEET AS AT 31 MARCH 2025
| NOTES FIXED ASSETS Tangible Fixed Assets CURRENT ASSETS Cash at bank and in hand Other Creditors Other Creditors Bank Loan + 1 year TOTAL NET ASSETS FUNDED BY: Cumulated surplus/Deficit at 01 April 2024 Fund Balance B/F TOTAL FUNDS C/F |
2025 £ 964 85,210 - (11,436) 74,738 12,062 62,676 74,738 |
2024 £ 1,205 |
|---|---|---|
| 83,003 | ||
| - | ||
| (21,532) | ||
| 62,676 | ||
| 6,568 50,841 |
||
| 62,676 |
Approved by the Management Committee and signed on its behalf.
.....................................................
Date: 18/12/2025
Gul Cifcikaya Director
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TOHUM CULTURAL CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Accounting Convention
The financial statements are prepared under the historic cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming Resources
Sundry incomes are accounted for as received by the organisation. All other income is accounted for in an accruals basis. No permanent endowments have been received in the year.
Resources Expended
Expenditure is accounted for an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headins they have been allocated to activities on a basis consistent with the use of resources.
Tangible Fixed Assets
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Eqquipments, Fixtures & Fittings 20% pa ( reducing balance)
Taxation
The charity is exempt from corporation tax on its charitable activities.
Value Added Tax is not recoverable by the organisation, and as such is included in the relevent costs in the Statement of Financial Activitivities.
Management and Administrative Expenditure
Expenditure on management and administration of the organisation includes all expenditure not directly related to the charitable activities or fund-raising ventures.
This includes office running costs and accountancy fees.
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TOHUM CULTURAL CENTRE
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025
| INCOME Donation, fees and Fundraising Grants from LB Hackney EXPENDITURE |
£ 51,485 2,031 750 194 7,140 1,271 672 30,520 577 12 241 77 |
£ 53,516 |
|---|---|---|
| 41,454 | ||
| Volunteer & charity worker costs Cleaning Events Expenses Light & Heat Water Rent Bank charges & interest Stationery & Printing Depreciation Telephone and Fax |
||
| EXCESS INCOME OVER EXPENDITURE | ||
| 12,062 |
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TOHUM CULTURAL CENTRE
Accountants' Report to the Trustees of Tohum Cultural Centre For the Year Eended 31 March 2025
As described on page 2 of this report you are responsible for the preparation of the accounts for the year ended 31 March 2024 in accordance with applicable law and regulations. You are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
In accordance with instruction given to us, we have complied these unaudited accounts in order to assist you to fulfil your statuary responsibilities, from accounting records and information and explanations supplied to us, we report that they are in accordance with therewith.
Date: 18/12/2025
Akademi Accountancy 500 White Hart Lane London N17 7NA
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