Registered number 05480664 ## Spring Educational Society Report and Accounts 30-Jun-23 ## **Spring Educational Society Charity Information** ## **Trustees** Mr Ismail Sen Secretary Mr Baki OZDINCER Director Mr Ahmet Enes AKOVA Director Mr Mustafa BEKTAS Director Mrs Ayse ERTURK Director ## **Reporting Accountants** Apex Chartered Accountants 94 Moseley Street Digbeth Birmingham B12 0RT ## **Registered office** 27 The Common Leicester LE5 6EA ## **Registered Charity number** 1116172 1 ## **Spring Educational Society Trustees' Report** The directors present their report and accounts for the year ended 30 June 2023. The trustees present the accounts for the period ended 30 April 2004. ## **Principal activities** The main activities of the Charity during 2022/2023 financial year is summarized below: Charity progressed its cultural activities with conferences, cultural events and support courses for children and parents. Charity continued its mentoring activities, providing mentoring for young people. Charity has performed inter-cultural dialogue activities, organised community dinners in Birmingham and Leicester. Charity has completed some projects which are funded by partnerships and grants and these projects have significantly contributed to community enrichment and support. At first project which is funded by Sport England, the charity successfully trained 15 students in folklore dance. The project aims to engagement of youth people in cultural heritage. At second project, the Charity collaborated with the National Health Service (NHS) on a Mental Health & Wellbeing project performed for Asylum Seekers (AS) and Refugees. This project, supported by the Community Fund, aimed to address the unique challenges faced by these communities, offering crucial support services and programs to enhance their mental health and overall wellbeing. The company registration number was 05480664 ## **Trustees** The trustees who served during the period were: |Mr Ismail Sen|Secretary| |---|---| |Mr Baki OZDINCER|Director| |Mr Ahmet Enes AKOVA|Director| |Mr Mustafa BEKTAS|Director| |Mrs Ayse ERTURK|Director| 2 ## **Spring Educational Society Accountants' Report** In order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us. This report is made to the Company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's Board of Directors, as a body, for our work or for this report. We have carried out this engagement in accordance with technical guidance issued by the (ICAEW) and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements. You have acknowledged on the balance sheet as at year ended 30 June 2022 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year. We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements. Apex Chartered Accountants 94 Moseley Street Digbeth Birmingham B12 0RT 06/03/2024 3 ## **Spring Educational Society Balance Sheet as at 30 June 2023** |**Notes**
**Fixed assets**
Intangible assets
2
Tangible assets
3
**Current assets**
Debtors
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
5
**Net current assets / (liabilities)**
**Total assets less current**
**liabilities**
**Creditors: amounts falling due**
**after more than one year**
6
**Net Assets / (liabilities)**
**Capital and reserves**
Reserves b/fwd
Current year reserves
**Charity Funds**|6,467
43,644
50,111
(960)|**2023**
**£**
7,450
450,000
457,450
49,151
506,601
(45,339)
461,262
443,205
18,055
461,260|**2022**
**£**
7,450
450,000
457,450
6,467
32,033
38,500
(1,680)
36,820
494,270
(51,065)
443,205
418,359
24,846
443,205| |---|---|---|---| ……………………………………….. Mr Baki OZDINCER Director Approved by the board on 6 March 2024 4 ## **Spring Educational Society Profit and Loss Account for the year ended 30 June 2023** |**Income**
**Project Related Expenses**
**Surplus/ (Deficit)**
Exceptional items:
Interest payable
**Surplus/ (Deficit)**
**Surplus/ (Deficit) carried over into next year**
**Surplus/ (Deficit) carried over into next year**|**2023**
**£**
105,463
(84,525)
20,938
20,938
(2,883)
18,055
18,055
18,055|**2022**
**£**
83,770
(57,068)
26,702
26,702
(1,855)
24,847
24,847
24,847| |---|---|---| …………………………….. Mr Baki OZDINCER Director 5 ## **Spring Educational Society Notes to the Accounts for the year ended 30 June 2023** ## **1 Accounting policies** ## _**Income**_ Income represents the value of donation income received during the year. ## **2 Intangible fixed assets** ## **£** |**Cost**
At 1 July 2021
At 30 June 2022
**Amortisation**
At 30 June 2022
**Net book value**
At 30 June 2022
At 30 June 2021|7,450
7,450
-
7,450
7,450| |---|---| Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. |**3**
**Tangible fixed assets**
**Cost**
Additions
At 30 June 2022
**Depreciation**
At 30 June 2022
**Net book value**
At 30 June 2022
**4**
**Debtors**
Trade debtors
PAYE
**5**
**Creditors: amounts falling due within one year**
Wages Control
Other taxes and social security costs
Other creditors
**6**
**Creditors: amounts falling due after one year**
Mortgage|**2023**
**£**
-
6,467
6,467
**2023**
**£**
-
-
960
960
**2023**
**£**
45,339|**Land and**
**buildings**
**£**
450,000
450,000
-
450,000
**2022**
**£**
-
6,467
6,467
**2022**
**£**
720
-
960
1,680
**2022**
**£**
51,065| |---|---|---| **7 Statement of Financial Activities** |**Income Resources**
Activities in furtherance of the charity's activities:
Donations
Other Income
Student Fees
Refund to donor
**Total Incoming Resources**
**Resources Expended**
Costs in furtherance of the charity's activities
Refund of Unused Donations/Grants
Management and administration of the charity
**Total Expenditure**
**Net Incoming Resources for the Year**
Fund balances brought forward
Movement in Year
Movement in reseves to correct
**Fund balances carried forward**
**8**
Net current assets
Liabilities Due after 1 year|**Unrestricted**
**Restricted**
**Total**
**Unrestricted Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**
**£**
**£**
72,268
-
72,268
58,220
-
58,220
31,490
-
31,490.00
25,550
-
-
1,705
1,705.00
0
-
**105,463**
**-**
**105,463**
**83,770**
**-**
**83,770**
45,499
-
45,499
28,425
-
28,425
-
-
-
-
-
-
40,251
-
40,251
30,498
-
30,498
**_85,750_**
**-**
**85,750**
**_58,923_**
**-**
**58,923**
**19,713**
**-**
**19,713**
**24,847**
**-**
**24,847**
443,205
-
443,205
418,359
-
418,359
19,713
-
19,713
24,847
-
24,847
_(1)_
**_462,918_**
**_-_**
**_462,918_**
**_443,205_**
**_-_**
**_443,205_**
49,151
-
49,151
-
-
**49,151**
**-**
**49,151**| |---|---| 6 ## **Spring Educational Society Schedule to the Profit and Loss Account for the year ended 30 June 2023** |**Income**
Donations
Student Fees
Grant
Other Income
**Cost of sales**
Other direct costs
**Distribution costs**
**Project Related Expenses**
Employee costs:
Conference & Meeting Expenses
Employee Wages
Subcontractor costs
Staff training and welfare
Donations
Premises costs:
Rent
Rates
Light and heat
General administrative expenses:
Stationary and Printing
Bank Charges
Insurance
Equipment expensed
IT support
Repairs and maintenance
Legal and professional costs:
Accountancy fees
Management fees
Advertising and PR
Other Professional charges
Interest payable|**2023**
**£**
72,268
1,705
31,490
-
105,463
1,658
1,658
-
13,965
11,388
7,766
1,320
11,060
45,499
10,364
4,756
-
15,120
-
-
794
-
618
-
1,412
960
9,600
638
9,638
2,883
23,719
87,408|**2022**
**£**
58,220
-
25,550
-
83,770
-
-
-
770
25,722
1,933
-
-
28,425
5,683
4,645
805
11,133
2,048
-
456
462
412
-
3,378
960
7,050
432
5,690
1,855
15,987
58,923| |---|---|---| 7