CYPRIOT COMMUNITY CENTRE
GENERAL tNFORMATION
TRUSTEES
Under ihe tenns of the Irusl deed the persons elected to the executive governing board, are automatically appointed
to the board of trustees as well..
The members appoinled lo the governing board, and the Board of Trustees were as follows:
Position Held
As of 31 sl March 2024
Chair
Susie Constantinides MBE
Treasurer
Bambos Charalambous
Vice-chair
Vice-chair
Vice-chair
Andreas Savvides
Folini Tsioupra
Gokay Ucar
Executive Member
Executive Member
Executive Member
Executive Member
Executive Meniber
Munur Egemensoy
Andreas Georgiou
Demelris Georgiou
Ergun Kilic
George Theodoulou
MANAGER
Christalla Evdokimou
CHARITY REGISTRATION NUMBER:
1112762
DATE OF REGISTRATION
181h January 2006
REGISTERED èkDDRESS
Earlharn Grove
Wood Green
London
N22 5HJ
TELEPHONE NUMBER
020 88812329
FAX NUMBER
020 88818794
EMAIL
cycc6363@gmail.com
INDEPEIYDENT EXAMINER
S. Francis-joseph FCCA
Anthony Joseph & Co. Limiled
Chartered Certified Accountant
Business & Technology Centre
Bessemer Drive
Stevenage, Herts. SGI 3DX
ACCOUNTANTS
Alexander Associates
Chartered A¢¢ounlants
24A Aldern]ans Hill,
Palmers Green
London N13 4PN

CYPRIOT COMMifNITY CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED
31 sl Marcli 2024
The Trnstees preseni iheir Report along with the Financial Statements of the charity for the year ended 31 sl March 2024.
The Trust is an unincorporated trust, conslituled under a trust deed dated 18111 January 2006, and regist¢red as a charity (Charity
Nuinber l 112762). Appointment of the Trustees is detailed in the Charity's governing document.
Prior to its constitution under the above trust deed and its registration as a charity, Ihe Cypriot Community Centre ha5 been
serving the needs of the community for 44 years as a non-profit-making organisalion, and Conlinuiiy and accountability have
been our main strengths. Annual A¢counts have been audile(Vindependenily examined since Ihe Centre's inception in 1979
as a voluntary organisation
Tlle financial slalemenls have been prepared in accordance wilh the accounting policies set out on page 10 of the accounts and
comply wilh the charity's trust deed, the Charities Act 2011 and the Statement of Recommended Practice applicable to
charffilies.
The Pandemie
By the end of Ihe financial year 31" March 2024, we conlinued to repair the devastation caused by the Pandemic, along with
the whole of the UK.
As the CCC self-generates its income mainly via Letlings and Catering which nonnally support all its Services, Facilities,
Activities and Overheads, our Centre Manager, Chrislalla Evdokimou, had already concentrated on building back these
income streams in the previous year and continued to do so in this current year.
Meals-on-wheels
Tliis continues to be an essential service which is maintained by Ihe CCC. Members are reminded thal this was extended
froni Haringey lo Enfield . This has always been invaluable to support the vulnerable ElderlylDisabled isolated at home.
Apart from the nutritional value, this is often the only contact they have with the community wliich also affords safety.
We remind Members that this important Service rnns at a loss and is subsided by the CCC'S other Income streams. This is
also because the cosl of food purchases. moloring costs have greatly increased during this fman¢ial year.
Day Care Service
The Day Service successfully rebuilt ils services Ihroughout 202312024 and is an essential service for both residents and carers
alike. Ai present we are on an even keel financially. However, we have had to subsidise our two tail-lift adapted minibues
by other means of transport. Indeed, allied expenditure, e.g. peti'ol, repairs, servicing, continue Éo rise.in the new financial
year.
Tlie Drop-lnlsocial CafelLovnge area was extended to allow a larger kitchen and its capacity and menu expanded. We
allocate small events to be carried out by the Social Cafe. However, this entails higher expenditure costs, e.g. electricity
caretaking, not planned for.
Our AdvicelAdvoeacy Serv1¢¢ ¢ontinued throughout this year. Demand for help from our Adviser increased during this
period as most clients were unabl¢ to use electronic equipment or have the language skills lo do so.
The CCC continued to fund this invaluable service, putting pressure on our fmances. Whilst we were finally approved for a
grant from the City Bridge Foundation, this has been with the proviso that we acquire a AQS Advice Quality Standard
Ac¢reditation for our service.by the end of the financial year..
The Service is vital lo those who are unable to receive
Advlce elsewhere in the borough..
Hygiene
Our Centre Manager, Chrislalla Evdokimou continued lo instal and maintain hygienic measures, undertake risk assessments
throughout the Centre, in each specific working area, e.g. the Kitchen, devised ways of delivering food safely. protecting all
the Community and Staff.
Haringey Council's Environmental Service have awarded the CCC'S Kilchen a 5 Star Rating.
Staffing
Our Centre Manager Chrislalla Evdokimou. directed all the services, supervised the staff, ensuring the vital running of the
CCC. Tlie fact that the CCC fuiictions 363 days a year, seven days a week, needs flexible workiiig hours which needs expert
manoeuvring for both the Main Centre and the Day Centre.

CYPRIOT COMMUNITY CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED
31ST MARCH 2024
IncomelExpenditure
Increased Expenditure for Overheads, Insurances, Contracts, Employers. Nl had still lo be mel during this year. Delayed
payment of contracts by Haringey Council for Day Care, has continued. Extra areas of eXpendi￿re include rising Petrol costs,
e.g. for the Day Care Service and Meals-on-wheels Services, increase in Food Costs, increased Repairs and Renewals.
Increase in Utilities costs.
Refurbishment
As staled in last year's accounts, our Centre Manager took the opportunity to renovate the Main Hall, Banqueting Area. This
has proved invaluable in this financial year by allractii)g bookings and increasiiig our Lettings income. This re￿rb]sI￿nellt
needs to coiilinue throughout the new financial year.
Donatlons & Fuiid-raising
We had a good response from the community via Donaiions and Fund-raising, which we greatly appreciate.
Grants
Once again, we spent the whole year applying for Grants to sustain our work. This has been enorniously time-consuming but
we are immensely grateful to the City Bridge Foundation for their understanding of our invaluable work and the need lo
support our Advice/Advocacy Service.
We are exploring the use of a Grants Application Expert.
However there are many other areas of need that we need to seek grants for and need to explore these in the new finan¢ial
year.-
Survival and Maintenanee of its Services have been the Key notes of the Cypriot Community Centre's work in the financial
year 202312024.
On b¢half of the Trustees, the Chair and Treasurer met regularly with the Cenlre Manager to ensure and support her ex¢ellenl
smooth wnning of the Centre.
Tnislees continue to carry out the aims of the Cypriot Community Centre for the public benefit, within the definition of the
Charity's objectives and the Charity Coinmission guidance on charities public benefit dulles.
One-stop Centre & Services - Inclusive and not Exclusive
Despite the difficulties, the Cypriol Community Centr¢ continued to be a Unique"One-Stop Centre" where users could benefit
from a holistic approach to receiving services, providing language and cultural support lo ensure Ihat users recelved
appropriate services.. The CCC is also Inclusive and not Exclusive in that we provided servi¢es, facilities, etc. for residents
who were from any ethnic baekground and, where possible, could tak¢ advantage of our services.
Coiitracts- We have renewed appropriate conlra¢ls for the maintenance. care and safety of th¢ building, e.g., lift, fire
alarm, fire exlinguisliers. many of which were originally funded by Haringey Council bul are now totally paid for by the
Cypriot Centre itself. In addition, we have carried out essential works, repairs, improveinents, and refurbishment as necessary
and in obtaiiiiiig new and necessary licences and contracts as appropriate.
However, we need lo explore funding to Carry out essenlial works. e.g. £27000 estimated for Lift works, the need for estimates
for Structural work.
All income generation areas have improved on Ihe previous financial year- in the Lellings and Catering areas. This has
been due lo the work of our Manager, Christalla Evdokimou, who concentrated on increasing the quantity of use of our
Letlings, in parallel with the quality. This was also due lo increased Publicity.
In addition, we have also carried out the most essential Repairs & Renewals which were not carried oul in previous year5 but
had become a priority by 202312024 ..
ReserveslRiskslWorkslHeAlth & Safety - We will continue lo monitor the level of our reserve5, to coiilinue to provide the
services lo meet our priorities and objectives. The Trustees and Centre Manager p¢riodically review the rlsks associated to the
organisalion and will act to put in place systems lo mitigate this.

CYPRIOT COMMUNITY CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED
3 Isl MARCH 2024
Wear and tear over 45 years liave taken their toll on all our Heallh & Safety, Risk Assessmenl, Disabllltfies and Safety
areas whieh need upgrading* replaeing) in5talllng? etc.
In addition, in the new financial year, to continue marketing our banqueting, seminarlconference facilities, we will continue
to upgrade our equipment and facililies and ¢any out re￿rbI8hlj)enl. However, to do this, we need lo ¢oncentrate on
refurbisliiiig and making a few alieralions lo this area lo compete with private businesses. Of course, this will have a
considerable cosl implication.
New ServiceslActivfitles
We added the following in this financial year..
Free Exercise Classes
Boxing
Dramati¢ Arts Workshops
Development of Maths & English for Children
Insuranee - We are well Covered by our insurance policies as follows:
Public Liability, Employer's Liability, Contents, Professional Indeinnity, Business Inlerruption, Building (which we pay lo
Haringey Council), Trustees Indemnity. However, wliilsl a Landlord will nonnally cover Building Insurance, Ihe Cypriot
Centre pays the Building Insurance to Haringey Council wlio then insures the CCC along with its other buildings.
Despite the identtfied financial, social and healih conceri)s, the close and excellent co-operation between the Centre's Officers,
our Centre Manager Clvislalla Evdokimou and Staff, all working together for the common good, has contributed to the
Survival and Continuing Success of the Cypriot Community Centre during this difficuli and tryiiig time.
On behalf of our Officers, Executive, Board, Members and Users, we should like to ihank: .
Chrislalla Evdokimou. our Centre Manager for her excellent management and fmancial control, her initiatives and
close co-operation in implementing the T￿Stees, decisions within the framework of ils policies.
Plus her steerage lo maintaxn as many Services, Facilities, Safety Measures.
Plus, her imaginative ideas and for increasing services and facilities to the community and increasing Publicily and
Letlings.
Christina Kalou our Day Services Manager for her dedication and devising different ways of working to particularly
support our ElderlylDisabled
Our Siaff Team for their dedication to Ihe Cypriot Communily Centre and all ils services.
All ihe above also contribute invaluable volunlary lime to the Cypriot Community Centr¢.
Haringey Council for its continued support and partn¢rship over the years.
The Trustees continue to carry out the aims of ihe charity for the piiblic bei)efit within the definition of Ihe charity's objectives
and the Charity Commission guidaT)ce on Charity Tiustees, public benefit activities. This is fully illuslraled above and in Ihe
objectives clauses.

CYPRIOT COMMUNITY CENTRE
Statement of Trustees Responsibilities
The Iruslees are responsible for preparing the Annual Report and the fii)ancial statements in accordance will) applicable law
and regulations.
The law applicable lo charities iii England & Wales requires the trustees lo prepare financial statements for each financial year
in accordance with United Kingdoin Generally Accepted Accounting Practice (United Kingdom Accounting Standards and
applicable law). The trustees must not approve the financial statements unless they are satisfied that they give a trne and fair
view of ihe state of affairs of th¢ charity and of the incoining resources and application of resources, including the income and
expenditure, of the charity for that period.
In preparing Ihese financial stalemenls, the trustees are required to..
a) select suitable accounting policies and apply them consistently.
b) observe tlle nieihods and principles in the Charities SORP.
c) make judgments and a¢¢ounting estimates that are reasonable and prudent.
d) slale whether applicable UK Accounting Standards have been followed, subject lo any material departures disclosed
and explained in the financial statements.
e) prepare the financial slalei)ienls on tlie going concern basis unless it is inappropriate to presum¢ that the charity will
continue to operate.
The trustees are responsible for keeping sufficienl accounting records that disclose wktli reasonable accuracy al any lime the
financial position of tlie charity and ei)able them lo ensure that the financial slalemenls coinply with the Charities Act 2011,
the Charity (A¢¢ounls and Reports) Regulalions 2008 and the provisions of the Irust deed. 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.
Approved by the Ttuslees on 17 January 2025 aild signed on their behalf by.. -
Bainbos Charalambous
. TrusleelTreasurer

LYPIIIOT LOMMIJNITY (:P.NTIIL..
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF I'Hf. CYPllJOT COMMUNI'fY CENTRE
I report lo the Iruslees on my examination of Il)e financial slalen)enls of the Cypriot Community Centre ('the charity,) for the
year ciid¢d 31 Mai'cl) 2024 which coinpi'ise tl)e Statenienl of Fii)arbcial A¢livilies, the Balance Sheet, the Sialeinent of Cash
Floivs and relaled i)otes.
This repurt is niade 501ely lo the chai'ity's Iruslees. as a body, iii accordance with section 145 of the Charities Act 201 I. My
woi'k lias been undertaken so that I Intgllil state lo Il)e ¢l)arily's tIU51ees Il)ose iiiatters l ani required to stale to iliem in this
report and for no other purpose. To the fullest extent pei'milled by law, I do not accept or assume responsibility lo anyone
other than d)¢ cl)arity and the charity's Ii'ustees as a body, for my ivork, for this report, or for the opinions I have forined.
Responsibilitlcs aiid basis of report
As Ilie IrLEslee5 uf Il)e Ll)arily YOLI are responsible fL)I' tl)e prepdration of th¢ financial slat¢meiils in dlLcoTdanLe willi Ihe
requii'emenls of tlie Cliarilies Acl 2011 ('tlie Act,).
report in respecl of my examination of the charity's fii)ancial 51aleiiients carried out under section 145 of the Act and in
carryiiig out my exainiiiatioi) I have followed all the Nppli¢able Directioi)s given by ihe Charity Commission under section
145(5)(b) of th¢ Act.
An independent exaininalion does not involve gathering all tl)e evidence that H'ould be required in an audit and Consequently
does not covei. all the matters that ali auditor ¢onstders iii giving theii. opinion on tlie tinancial statements. The plai)ning and
coi)ducl of an audit goes beyond the limiled assurance that ai) indep¢ndent exainii)ation can provide. Consequently l express
no opinion as io whether Ihc financial stateinei)Is present a 'true and fair, view and my report is limited io those specific
Inallers sel out in ihe independent examiner's 51atemeni.
Independeiit rxuniiner's stul¢m¢nl
Since Ilie Ii'iisl's gro%s iiicoine cxc¢eded £250,000 youi. examiner Inust be a iiiembei- of a body lisied in section 145 of the
2011. I confiiiii Iliat l am qualified lo undertake the examination because l ain a Ineinber of the ACCA, which is one of Ihe
listed bodies.
I have completed my exaiiiination. I confirm Ihai no material IT)3tters havc Lome lo my atlenlion iii connection wilh Ihe
exaininalioii givin8 Ine cause to b¢lieve Ihat in any Inalerial I'esp¢¢l'.
accoiinling r¢¢ords iyere not kept in respecl of the cl)arity a8 required by Section 130 of Ihe Act. or
>? the financial slatemenls do not accord with those records. or
> Ihe fii)ancial siatemenls do i)ot Comply ivith the applicable r¢quirements concerning the forni und content of accouiits
sel out in the Charities (Accoiiiils and Repoi15) Regulalions 2008 oilier thai) any requireinent Ihal the accounts give
a 'lrue aiid laii. view ivhich is iiol a matter considered as part of an independenl examinalion.
have no conceims and have come across no other matters in connection will) the examination to which attention should be
drawn in this I'epoi1 iii order to enable a proper understanding of Ihe finaiicial siaiements to be I'ea¢hed.
S. Francis-joseph FCCA
Ai)il)ony Jos¢ph & Co. Liiniled
Chartered Certified Accountaiits
Business & Technology Centre
Bessomer Dpive
StevenDg¥e
Hells. SGI 2DX
Date: 17 January 2025

CYPRIOT COMMUNITY CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 3151 Marcli 2024
A: Incomin
resources
Un-Reslricled
Funds
Restricted
Funds
Total
Funds
2024
Prior Year
Total Funds
2023
Generated Funds Incoming Resources
Notes
Voluntar
Donations
Grants
Ineomin
A¢tlvitAes
Grants
Other Income froin Charilahle AGtivilies
Actlvities for Generatillg Funds
Job retention Scheme and Covid 19
Grants
Investment Income
Other Ineomln
Resources
Total Incomin
Resources
Income:
45,282
76.455
29.890
resollrces Irom Charltable
82.404
510,141
510.141
478,884
1,133
1,250
670 100
458
860
632 $46
46,565
716 065
B: Resources ex
Cosls of Generalin
ended
Funds
Cost of Securin
Grants
Fundraisin
Activities Costs
Charitable A¢livilies Costs
21,544
324,558
350,384
324 558
303 819
293 112
369 536
46,565
Total Resources Ex
ended
649 921
696 486
683 019
Net Incoming l Outgoing Resources
Before Transfers
20,179
20,179
{SO,473)
C: Transfers
Gross Transfers Between Funds
Nel Incoming Resources Before
other Gains and Losses
20,179
20,179
(50,473)
D: Other Reco
nised GainslLosses:
Gains on Revaluation of fixed Assets
Gains l Losses on Investment Assels
Profit/
Loss
Dis
osal of Motor Vehicle
Net Movement in Funds
20,179
50,473
E: Reconciliation of Funds
Total Funds Brou
hl Forward
451,880
451880
502,353
Total Funds Carried Forward
472 059
472 059
451880
The notes on pages l (P- 16 fomi part of these accounts.

CYPRIOT COMMUNITY CENTRE
BALANCE SHEET
AS AT 3151 Marcli 2024
A: Fixed Assets
Total
Funds
2024
Prior Year
Total Funds
2023
Notes
Intangible Assets
Tan
ible Assets
Herita
e Assels
Invesltjienls:
Investments
Pro
ramme Related Inveslmenls
13
320,924
306 841
Tolal Fixed Assets
320,924
306 841
B: Current Assets
Stocks and Work-In-Pro
ress
Debtors & Accrued Income
Investments
Cash at Bank and In Hand
14
15
7,605
35,515
39,214
16
144 655
133 316
Total Current Assets
191775
176,436
C: Liabilities
Creditors: Amounts Fallin
due Ivithin one
Nel Currenls Assets or Liabilities
Total Assets Less Current Liabilities
Creditors: Amounts fallln
due after more than one
Provisions for liabilities and cliar
es
ear
17
31,397
145,039
451,880
163 730
484 654
ear
17
Net Asset or liabilities excludin
ension asset or liabili
472,059
451880
D: Defined Benefit Pension Scheme Asset or Liabili
Defined benefit
ension scheme asset or liabili
Net Assets or Liabilities in¢ludin
ension asset or liabilit
472 059
451880
. The Funds of The Chari
Endowment Funds
Restricted Income Funds
Unrestricted Income Funds..
Share Ca
ital
Unrestricted Incom¢ Funds
Revaluation Res¢rve
Unrestricted Income Funds Excludin Pension AssetlLiabili
Pension Reserve
Total Unrestri¢ted Funds
472,059
451,880
472,059
451,880
472,059
451,880
Tothl Charit Funds
18
472 059
451880
The accounting policie5 and noles lo the financial statements set out on pages 10-16 fonn part of these accounts.
Approved by the Board of Trustees on 17 January 2025
Signed by Bambos Charalambous .
.(Trusleeifreasurer)

CYPRIOT COMMUNITY CENTRE
CASHf4LOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024
Note
2024
2023
Net cash inflowl(outfloiv) from operatiiig activities
20
10,206
(68,493)
Returns on Anvestmeiits and servicing of finance
21
1,133
458
Increasel(decrease) in cash in Ihe period
Reconcilialion of net Cash flow to movement in
net debt
Increasel{decrease) in cash in the period
22
Movement in net debt in tlie period
Cash and Cash Equivalents at the start of tlle Year
11,339
133 316
{68,035)
201351
Cash and Cash Equlvalents at the end of the Year
16
The notes on pages 10-16 forni part of tlle a¢¢ounls

CYPRIOT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31" March 2024
ACCOUNTING POLICIIS
Basis of Pre
arallon
The accounts have been prepared under the historical cost convention with item5 recognised al cosi or transaction
value unless oihenvise slated in the relevant noles lo these accoun15. The accounts have been prepared in accordance
witli the Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Siandard applicable in tlie UK and Republic of
Ireland (FRS 102) (effective l January 2015) - ((Charities SORP (FRS 102)), the Financial Reporting Standard
applicable lo the UK and Republic of Ireland {FRS102) and the Charities Act 2011.
The Charily constilules a public benefit entity as defined by FRS 102-.
As staled in the Trustees Report, the Trustees are of the opinion that the accounts are lo be prepared on a Going Concern
basis. This is as a result of measures being in place to ensure tliat ihe organisation will commit to expenditure where these
are funded. In addition lo this, the organisation will continue to intensify ils efforts lo seek different income streams lo
nd ils activities. Taking this into account, the Trustees are of the opinion that the accounts are to be prepared on a Going
Concern basis. The period covered by this assessinent is a miiiiinum of 12 nionths from the dale of approval of ihe
a¢counls.
Funds Structure
All of the charity's funds comprise of unrests'icted funds, which the trustees are free to use for any purpose in
furtherance of the charitable objects. Uijrestricled funds include designated funds where tlie trnslees, al their
discretion, have created a ￿nd for a specific purpose. The charity has no endowment or restricted funds, bul if any
such funds were lo be acquired tliey would be shown in tlie financial statements separately from the unrestricted
funds, and be used in accordance with the speclfic iiistructions of the donor or Irusi deed whicli has created the fvnd.
Incomin
Resources
Voluntary income including donalions, gifts and grants Ihal provide core funding or are of a general nature are
recognised where there is entitlement. certainty of rec¢ipi and the amount can be measured with sufficient reliability.
Such income is only deferred when..
The donor specifies thai the grnnt or donation must be used in the ￿￿re.
The donor has imposed condtlions which musl be met before the charity has uncondilional entitlernenl.
Investment income is recognised on a receivable basis.
Income from charitable activities includes income received under contract or where enlitlement to grant funding is
subject lo specific perfonnance coiiditions it is recognised as earned (as the relaled goods or services are provided).
Grant income included in this category provides thnding lo support charitable activities and is recognised where
there is entitlement, certainty of receipt and the amount Can b¢ measured with sufficient reliability.
Resources Ex
ended
Liabilities are recogiiised as resources expended as soon as there is a legal or constructive obligation committing the
charity to the expenditure. All expenditure is accounted for on an accmals basis and has been classified under
headings that aggregate all costs related lo the category.
Allocation of overhead and su
ort costs
Overhead and support ¢osls, including irrecoverable VAT, are allocated directly to the activity for which they have
been in¢urr¢d, but if they cannot be allocated directly to a particular activity they are apportioned between
fundraising activities. charitable activities and goveinance using an appropriate cost benefil rallo.
Costs of
enei'atiii
rinds
The costs of generating funds include costs incurred directly in Connection wilh the fundraising activity as well as an
apportionment of overhead and support costs
Costs of charitable aetivfities
Costs of charitable activities include costs incurred directly in connection with the charitable activity as well as an
apportionment of overhead and support costs.
Governance eosts
Governaiice costs coiiiprise all co.sts involving the public accountability of the charity ar)d tts compliance with
regulation and good practice. These costs include costs related lo slatulory audil and legal fees, together with an
apportioninenl of overhead and support costs.
io

CYPRIOT COMMUNITY CENTRE
NOTES TO THE FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 31" March 2024
Tan
ible Assets
Depreciation is provided at the following rates to write off each asset over ils estimated usefvl life..
Buildiiig & Improvement costs
2 /0 on cost
Equipment & Fittings / Utensils & Crockery
IOO/o on reducing balance m¢ihod
Motor Vans & Minibuses
15 /0 on reducing balance Inethod.
Penslons
The charity operates a defined contribution scheme. Contributions lo the scheme are based on applicable pension
costs in the organisation taken as a whole. The pension charge recorded in the accounts is the ainount of
contributions payable in the accounting year.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments
are valued at the amount prepaid net of any trade discounts due.
Cash at Baiik and In Hand
Cash al bank and in hand includes cash and short tern) highly liquid investments in deposits or similar accounts.
Credltors and Provisions
Creditors and provisions are recognised where the charity has a present obligation resulling from a past event that
will probably result in the transfer of ￿ndS to a third party and th¢ amount due to settle tl)e obligation can be
measured or estimated reliably. Creditors and provisions are norn]ally recognised al iheir settlement amount after
allowing for any trade discounts due.
2024
2023
VOLUNTARY tNCOME:
Donations- UnresÉricÉed
Donations- Restricted
Minibus a
Grants- LB Harin
Grants- Otlier
Grants -Ci
Brid e Foundation Trust- Restricled
Total
9,386
5,000
15,269
32,000
3,240
eal
121737
ACTIVITIES FOR GENERATING FUNDS
Lettin
of Functionlmeelin
Seminarlconference Rooms Classes
Provision of Caterin
Services
Care Centre
Total
247 114
234,888
207 158
510 141
478 884
INVESTMENT tNCOME
Bank Interest Recelved
Total
458
458
INCOME FROM CHARITABLE ACTIVITIES
Grants
Other Income from Charitable Activities
Total
87,449
87,449
OTHER INCOMtNG RESOURCES
Other Income
1,250
860
Total
860

CYPRIOT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31" March 2024
COST OF SECURING GRANT INCOME - UNRESTRICTED
Salaries & Wa
Administrative Overheads
Total
2024
19,010
2,534
21,544
2023
es
FUNDRAISING COSTS - UNRESTIUCTED
Salaries & Wa
es
Stock Purchases
EslabEishment Overheads
Administrative Overheads
Pa
roll & Licence Fees
Financial Overheads
r¢¢iation
Total
2024
213,867
19.252
59,317
16,472
2,389
1,893
11,368
324 558
2023
l99 592
293 112
CHARITABLE ACTIVITIES
COSTS
Unreslricled
Restricted
2024
2023
Salaries & Wa
es
Stock Purchases
Establislmienl Overheads
Administrative Overheads
Trainin
& Advertisin
roll & Licence Fees
Bank Char
es & Interest
i'eciation
Govemance Costs
Total
86,567
36,757
10,977
301
123,567
36,757
14,977
3,801
115320
2.065
422
433
11.368
156994
303 819
422
433
11,368
159,059
350,384
545
237
ote9
148,956
369,536
GOVERNANCE COSTS - UNRESTRICTED
Salaries & Wa
es
Establishment Overheads
Administration Overheads
Accountanc
& Bookkee
Audit Fees
recialion
Total
118,815
23,485
2,534
110,884
26,468
2,630
4,000
in
Fees
3,849
148 956
156 994
io
ANALYSIS OF STAFF COSTS
Salaries and Wa
Social Securlt Costs
Other Pension Costs
Total
es
445 119
412,749
25,399
5,389
443 537
475 258
No employees earned £60,000 per annum or more during the year (2023.. Nil).
No t￿stee received any remuneration in respect of their servic¢s or expenses reimbursed during the year, {2023.' Nil). The
key Inanagemenl p¢rsonnel of the charity comprise the Trustees and ihe Centre's Manager .The total employee benefils of
Ihe key management personnel of the charity was £45,197 (2023..£44,613).
12

CYPRIOT COMMUNITY CENfRE
NOTES TO THE FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 3151 March 2024
ANALYSIS OF NUMBER OF EMPLOYEES
Full Time Em
ees..
Govemance and Administration
Fundraisin
Id Charitable Activities
ortin
Peo
le Service
Subiotal
12
12
Part Time Em
ees:
Governance and Administration
Fundraisin
and Charilable Aclivities
ortin
Peo
le Service
Sub-Total
Total Number of Em
ees
19
19
12
AUDITORS I ACCOUNTANTS REMUNERATION
Audit Fees
roll and Accounlanc
Fees
Taxation and oiher services
2,500
6,140
1,125
7,060
Total
8,185
13 TANGIBLE FIXED ASSETS
Computer
Equipment
Building
Improvements
Ulensils
Equipment
Fixtures &
Fittin
Motor
Vehicles
Total
Crocke
COST
AI 0110412023
Additions
Dis
osals
At 3110312024
667
560 451
189 611
797 Z71
667
560 451
189 611
839 750
DEPRECIATION
At 0110412023
Char
es
Dis
osals
At 3110312024
166
50
343,831
11,209
136 794
490 430
105
216
355,040
142 076
16,891
518 826
NET BOOK
VALUES
At 3110312024
451
205411
939
320 924
At 3110312023
501
216 620
306 841
13

CYPRIOT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31" March 2024
14
STOCK
2024
2023
Malerials and Finislied Goods
7,906
Total
15
DEBTORS AND PREPAYMENTS
Other DebtoTs
Pre
ments
Accrued Income
VAT Included
37,149
2,065
Total
16
CASH AT BANK AND IN HAND
Bank Current Account
Bank Buildin
s & Disabilities Reserve Account
Care Service
Cash in Hand
46.562
3,879
Total
144 655
133 316
2024
2023
17
CREDITORS AND ACCRUALS
Due withiii one
Other Creditors
Accruals
Other Taxation and Social Se¢vril
Cash de
osits
ear:
3,666
14,399
5,124
9,224
2,650
Due Ivithin more than one
Hire
urchase loan
after one
Total
ear:
ear
18
TOTAL CHARITY FLfNDS
Atl
April
2023
In¢omfing
Resources
Resources
Expended
At31
March
2024
2023
Endowment Funds
Restricted Funds- City Bridge
Trust
Unrestri¢l¢d Funds
46,565
46,565
451,880
670 100
649,921
472 059
451,880
Total
472 059
451880
ANALYSIS OF NET ASSETS BETWEEN FLfNDS
Unre5trieted
Funds
Restricted
Funds
Total
2023
Fixed assels
Nel current assets
320,924
151,135
320,924
151,135
472,059
472,059
14

CYPIUOT COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 Marcl) 2024
The Restricted Funds received and ulilised in tlie year were from The City Biidge Foundation Trust. This was for
Ilie Advice and Advocacy Services.
The Unrcstrictcd Fund are used by the charity to further ihe services provided.
The amount of available funds as shown above includes £20,000 which has been i'eseived by the Trustees for
Building & Disabilities works, Improved Health & Safety works, other Building improvements, Repairs &
Renewals, and othei. areas of need, iiiternal and cxtemal, as outlined in the Ti'ustees, Repoit.A summary of the type
of ilems which need prioritising for which ihe ￿ndS l)ave been reserved is given below. Tliese are examples of
works and developments which need to be undertaken in 202412025 and not the total. In addition, a building such
as the Cypriot Community Centre constantly needs repairs and renewals, works, etc. as we liave a fvll repairing
lease. These items will be prioritised tlll'oughout the new financial year.
Window upgrading or replacing old windows
Essential plumbing works to upgrade toilet blocs, especially for Health & Safely, Risk Assessment, Disabilities
Ground floor repairs Theatre/ Gyn]IHall TLC
Kitchen fittings, renewals
Health & Safely- stairs & stainvells- 4 floors
Renewal of old chairs aiid other furniture, plus covering of
IT Equipinent upgrading, elc.
Painting & Decoraling - general
First floor Main Hall upgrade
CCTV repairs and installation for Security
Air Conditioning
19
RELATED PARTY DISCLOSURE AND TRUSTEES REMUNEL4TION
Trustees Remuneration
Re-imbursement of Trustees Ex
Nil
Nil
Nil
enses
Total
15

CYPRIOT COMMUNITY CENTRE
IYOTES TO THE FINANCIAL STATEMENTS
ote
20
RECONCILIATION OF THE NET (OUTGOING)IITrICOMING RESOURCES TO NET
CASH IIYFLOWI(OUTFLOW) FROM OPERATING ACTIVITIES
2024
2023
Nel {outgoing)lincoming resources
Deprecialion charges
Investment Inconie
20.179
28.396
(1,133)
(3,699)
9,243
(301)
(50,473)
19,389
(458)
(7,588)
10,595
(1,958)
(Increase)/Decrease in debtors
(Decrease)IIn¢rease in creditors
(Increase)/Decrease in Stocks
Fixed Asset
Additions
Net cash inflowl(outflow) from operatiiig activities
(42,479)
(38,000)
21
ANALYSIS OF CASH FLOWS FOR HEADINCS NETTED IN THE CASH FLOW
STATEMENT
2024
2023
Returns on Investment5 aiid servieing of finance
Investment Income
458
Nel easl) infloiv for returns on investments and
servicing of finanee
22
ANALYSIS OF CHAP4GES IN CASH AND CASH EQUIVALENTS
At 1.4.23
Cash flow
Ai 31.3.24
Nel Cash:
Cash at bank
133 316
144 655
Total
144 655
16