2023-03-31-accounts - Cypriot Community Centre Of The Association Of Cypriot Organisations

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A:Incomin resources
				Un-Restricted	Restricted	Total	Prior Year
Generated Funds Incoming Resources			Notes	Funds	Funds	Funds	Total Funds
						2023	2022
Volunta Income:
Donations				9,386	5,000	14,386	45,104
Grants				15,269	35,240	50,509	45,308
Incomin resources from Charitable
Activities
Grants
Other Income from Charitable		Activities		87,449		87,449	54,426
Activities for Generating Funds				478,884		478,884	358,096
Job retention Scheme and Covid 19
Grants							109,496
Investment Income				458		458	14
Other Incomin Resources				860		860
Total Incomin Resources				592,306	40 240	632,546	612732
B:Resources ex ended
Costs ofGeneratin Funds
Cost ofSecurin Grants				20,371		20,371	19,311
Fundraisin Activities Costs				293,112		293,112	261,063
Charitable Activities Costs				334,296	35,240	369,536	285,893
Total Resources Ex ended				647,779	35240	683,019	566267
Net Incoming / Outgoing Resources				(55,473)	5,000	(50,473)	46,465
Before Transfers
C:Transfers
Gross Transfers Between Funds				35,000	(35,000)
Net Incoming Resources Before				(20,473)	(30,000)	(50,473)	46,465
other Gains and Losses
D:Other Reco nised Gains/Losses:
Gains on Revaluation offixed	Assets
Gains / Losses on Investment	Assets
Profit/ Loss Dis osal ofMotor		Vehicle					1,542
Net Movement in Funds				(20,473	(30,000)	50,473)	44,923
E:Reconciliation ofFunds
Total Funds Brou ht Forward				472,353	30,000	502,353	457,430
Total Funds Carried Forward				451,880		451,880	502,353

						Tota I	Prior Year
					Notes	Funds	Total Funds
						2023	2022
Intann'ible Assets
H~erita e Assets
plnvcstments:
In vestments
Plo )'anlnlc Related Invcstnlents
						306,841
8:Cutrt eat Assets
Stocks and Work-In-~pro			tress
Debtors k Accrued	Income					35,515
Cash at Bank and ln	I-Iand						201,351
Total Current Assets
)L'l.iabHities
Creditors: Amounts	Fallin			due ~vithiin one vear
Net Currents Assets	or Liabilities					145,039
Total Assets Less Curlent			I.iabilities			451,880
Creditors: Amounts	fallin			due after morc than one~car
Provisions tor liabilities		and cha~roes
						451,880

p	Intann'ible Assets H~erita e Assets plnvcstments: In vestments Plo )'anlnlc Related Invcstnlents

					451,880
	Chastity
	Defined benefit etesian aciterrtc asset of~babittt
	Net Assets or Liabilities inclt~)din	pension	asset	or liability	451,880
	F.:The Funds ofThe
	Endowment Funds
	lkestricted Income Funds					30,000
	Unrestricted Incotne Funds:
	Utlrcstrtctcd inc&)nlc Fl)nds				451,880
	R.evalwtion Rcserv e
c	Unrestricted Income F1lnds E)tciudtn+Pens]on			Asset/Llab)ltty	451,880
	Pension Reserve
	I'otal Unrestricted Funds				451,880
	I'otal Charit Funds

			Note	2023	2022
Net cash inflow/(outflow)	from operating activities		20	(68,493)	39,614
Returns on investments and servicing offinance			21	458	14
Increase/(decrease) in cash in the period				68 035	39628
Reconciliation ofnet cash	flow to movement	in
net debt			22	~68 036	39628
Increase/(decrease) in cash	in the period
Movement in net debt in the period				(68,035)	39,628
Cash and Cash Equivalents	at the start ofthe Year			201 361	161723
Cash and Cash Equivalents	at the end ofthe	Year		133316	2~01 3 1

					2023	2022
1	VOLUNTARY INCOME:
	Donations = Unrestricted				9,386	15,104
	Donations - Restricted				5,000	30,000
	Grants —LBHarin e				15,269	45,308
	Grants - Social Ente rise	Fund			32,000
	Grants —The Brid e Renewal		Trust		3,240
	Total				64,895	90,412
2	ACTIVITIES FOR GENERATING FUNDS
	Lettin ofFunction/Meetin	/Seminar/Conference		Rooms, Classes	234,888	142,331
	Provision ofCaterin Services				46,350	29,089
	Da Care Centre				197,646	186,676
	Total				478,884	358,096
	INVESTMENT INCOME
	Bank Interest Received				458	14
	Total				458	14
4	INCOME FROM CHARITABLE ACTIVITIES
	Grants
	Other Income from Charitable		Activities		87,449	54,426
	Total				87,449	54,426
	OTHER INCOMING RESOURCES
	Other Income				860	288
	Total				860	288

	COST OF SECURING GRANT INCOME	COST OF SECURING GRANT INCOME	COST OF SECURING GRANT INCOME	COST OF SECURING GRANT INCOME
	Salaries &Wa es				17,741	16,575
	Administrative Overheads				2,630	2,736
	Total				20,371	19,311
7	FUNDRAISING COSTS
	Salaries &Wa es				199,592	186,469
	Stock Purchases				29,692	9,641
	Establishment Overheads				34,536	32,668
	Administrative Overheads				17,094	17,785
	Pa roll &Licence Fees				3,085	6,288
	Financial Overheads				1,343	1,152
	De reciation				7,770	7,060
	Total				293,112	261,063
	CHARITABLE ACTIVITIES		COSTS
	including
	Luncheon Club &Meals-on-Wheels			Services
	Salaries &Wa es				115,320	107,738
	Stock Purchases				40,539	28,704
	Establishment Overheads				52,224	8,207
	Administrative Overheads				3,945	4,104
	Pa roll &Licence Fees				545	1,110
	Bank Char es &Interest				237	203
	De reciation				7,770	7,060
	Governance Costs ote 9				148,956	128,767
	Total				369,536	285,893
9	GOVERNANCE COSTS
	Salaries &Wa es				110,884	103,594
	Establishment Overheads				26,468	13,839
	Administration Overheads				2,630	2,736
	Accountanc &Bookkee	in	Fees		4,000	4000
	Audit Fees				1,125	1,100
	De reciation				3,849	3,498
	Total				148,956	128,767
10	ANALYSIS OF STAFF COSTS
	Salaries and Wa es				412,749	381,508
	Social Securi Costs				25,399	28,295
	Other Pension Costs				5,389	4,573
	Total				443,537	414,376

ANALYSIS OFNUMBER OF EMPLOYEES	ANALYSIS OFNUMBER OF EMPLOYEES	ANALYSIS OFNUMBER OF EMPLOYEES
Full Time Em	lo ees:
Governance	and Administration
Fundraisin	and Charitable	Activities
Su ortin Subtotal	Peo le Service		12	12
Part Time Em	lo ees;
Governance	and Administration
Fundraisin	and Charitable	Activities
Su ortin	Peo le Service
Sub-Total
Total Number	ofEm lo ees			17

	Computer Equipment	Building Improvements	Utensils k Crocke	Equipment Fixtures A Fittin s	Motor Vehicles	Total
COST
At 01/04/2022 Additions	667	560,451	5,542	189,611	3,000 38,000	759,271 38,000
Dis osals At 31/03/2023	667	560,451	5,542	189,611	41,000	797,271
DEPRECIATION
At 01/04/2022 Char es	55	332,622 11,209	4,382 116	130,926 5,868	3,000 2,141	471,041 19,389
Dis osals At 31/03/2023	166	343,831	4,498	136,794	5,141	490,430
NET BOOK
VALUES At 31/03/2023	501	216620	1044	52 817	35 859	306841
At 31/03/2022	556	227 829	1160	58 685		288 230

14	STOCK		2023	2022
	Materials and Finished Goods		7,605	5,647
	Total		7,605	5,647
15	DEBTORS AND PREPAYMENTS
	Other Debtors		29,586	17,607
	Pre a ments		5,929
	Accrued Income			10,320
	Total		35,515	27,927
16	CASH AT BANK AND IN HAND
	Bank Current Account		14,870	8,432
	Bank Buildin s k, Disabilities	Reserve Account	80,855	141,938
	Da Care Service		33,712	45,425
	Cash in Hand		3,879	5,556
	Total		133,316	201,351
			2023	2022
17	CREDITORS AND ACCRUALS
	Other Creditors		14.399	5,888
	Accruals		5, 124	5,125
	Other Taxation and Social Securi		9,224	9,789
	Cash de osits		2,650
	Total		31,397	20,802
18	TOTAL CHARITY FUNDS
	Endowment Funds
	Restricted Funds			30,000
	Unrestricted Funds		451,880	472,353
	Total		451,880	502,353

						2023		2022
	Net (outgoing)hincoming		resources			(50,473)		44,923
	Depreciation charges					19,389		17,618
	Investment Income					(458)		(14)
	(Increase)/Decrease	in debtors				(7,588)		(15,606)
	(Decrease)/Increase	in creditors				10,595		(6,261)
	(Increase)/Decrease	in stocks				(1,958)		(3,331)
	Fixed Asset Additions					(38,000)		2,285
	Net cash inflow/(outflow)		from operating		activities
21	ANALYSIS OF CASH STATEMENT		FLOWS FOR HEADINGS NETTED IN THE CASH FLOW
						2023		2022
	Returns on investments		and	servicing of	finance
	Investment Income					14		14
	Net cash inflow for servicing offinance	returns		on investments	and	14		14
22	ANALYSIS OF CHANGES			IN CASH AND CASH EQUIVALENTS
					At 1.4.22	Cash flow	At	31.3.23
	Net Cash:
	Cash at bank				201 351	68 035		133316
	Total				201 351	68 035		13331