Registered number 06701129 ## KIRKISRAK COMMUNITY HOUSE Report and Accounts 30 September 2021 ## **KIRKISRAK COMMUNITY HOUSE Report and accounts Contents** ||**Page**| |---|---| |Company information|1| |Trustees Report|2| |Accountants' report|3| |Income and Expenditure account|4| |Balance sheet|5| |Statement of changes in funds|6| |Notes to the accounts|7| ## **KIRKISRAK COMMUNITY HOUSE Company Information** ## **Trustees** Emine Caliskan Erdal Dogan Elif Gurgur ## **Accountants** Pure Accounting 355 High Road Wood Green London United Kingdom N22 8JA ## **Registered office** 4-6 Derby Road Enfield Middlesex EN3 4AN **Registered number** 06701129 1 ## **KIRKISRAK COMMUNITY HOUSE** ## **Accountants' Report** ## **Accountants' report to the director of KIRKISRAK COMMUNITY HOUSE** You consider the company is exempt from audit for the year end 30 september 2021. You have acknowledged, on the balance sheet your responsibility for complying with the requirements of the private company by guarantee without share capital use for limited exemption and the charity commission with respect to accounting records and preparation of accounts, these responsibility include preparing accounts that gives a true and fair view of the state of affair of the company at the end of the finacial year of its income and expenditure for the finacial year. In accordance with your instruction we have prepared the accounts which comprise the Income and Expenditure, the balance sheet and statement of changes to funds and related notes from the accounting records of the company and the basis of information and explantion you given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Pure Accounting Accountants 355 High Road Wood Green London United Kingdom N22 8JA 15 June 2022 2 ## **KIRKISRAK COMMUNITY HOUSE Income and Expenditure Account for the year ended 30 September 2021** |**Income**
**Gross Income**
**Expenditures**
Administrative expenses
Other operating income
**Operating Income**
Profit on the disposal of tangible fixed assets
Profit on the disposal of investments
Gain on revaluation of investments
Income from investments
Interest receivable
Interest payable
**Surpluses**|**2021**
**£**
42,455
42,455
(46,312)
31,093
27,236
-
-
-
-
-
-
27,236|**2020**
**£**
33,216
33,216
(44,874)
25,455
13,797
-
-
-
-
-
-
13,797| |---|---|---| 3 ## **KIRKISRAK COMMUNITY HOUSE Registered number:** 06701129 **Balance Sheet as at 30 September 2021** |**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Debtors
4
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
5
**Net current assets**
**Total assets less current**
**liabilities**
**Net assets**
**Funds and surpluses**
Called up share capital
Share premium
Revaluation reserve
Income and Expenditure accounts
**Total funds and surpluses**|**2021**
**£**
279
279
2,500
40,922
43,422
(145)
43,277
43,556
43,556
-
-
-
43,556
43,556|**2020**
**£**
309
309
-
16,322
16,322
(311)
16,011
16,320
16,320
-
-
-
16,320
16,320| |---|---|---| The trustees are satisfied that the company is entitled for exemption from the requirement to obtain an audited financial statements. The trustees have not required the company to obtain an audit in accordance with the private company by guarantee without share capital use of exemption and the charity commission acts. The trustees acknowledges their responsibility for complying with the requirments of the private companies by guarantee without share capital use of exemption and the charity commission acts ith t t ti d d th ti f t The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to private companies by guaranteewithout share capital use of limited exemption and the charity commission regime. Emine Caliskan Trustee Approved by the trustees on 15 June 2022 4 ## **KIRKISRAK COMMUNITY HOUSE Statement of Changes to funds for the year ended 30 September 2021** |**At 1 October 2019**
Net Income for the financial year
Gain on revaluation of land and
buildings
Deferred taxation arising on the
revaluation of land and buildings
Other comprehensive income for the
financial year
Total comprehensive income for the
financial year
Dividends
Shares issued
Shares redeemed
**At 30 September 2020**
Correction of prior year errors
Effect of retrospective changes in
accounting policies
**At 30 September 2020 as restated**
**At 1 October 2020**
Surplus for the financial year
Gain on revaluation of land and
buildings
Deferred taxation arising on the
revaluation of land and buildings
Other comprehensive income for the
financial year
Toal surpluses for the fiancial year
Dividends
Shares issued
Shares redeemed
**At 30 September 2021**|**Share**
**capital**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-|**Share**
**premium**
**£**
-
-
-
-
-
-
-
-
-
-
-|**Re-**
**Income**
**valuationExpenditure**
**reserve**
**account**
**£**
**£**
-
2,523
13,797
-
-
-
-
-
13,797
-
-
16,320
-
-
-
16,320
-
16,320
27,236
-
-
-
-
-
27,236
-
-
43,556|**Total**
**£**
2,523
13,797
-
-
-
13,797
-
-
-
16,320
-
-
16,320
16,320
27,236
-
-
-
27,236
-
-
-
43,556| |---|---|---|---|---| 5 **KIRKISRAK COMMUNITY HOUSE Notes to the Accounts for the year ended 30 September 2021** ## **1 Accounting policies** ## _**Basis of preparation**_ The accounts have been prepared to give a true and fair view of state of affairs of the company income and expenditure and delivered in accordance with the special provisions of the private company by guaranttee without share capital use of limited exemptions and the charity ## _**Income**_ Income is measured at the fair value of the consideration received or receivable, net of discounts. Income includes revenue raised from membership fees, donations and grants obtained from government. ## _**Tangible fixed assets**_ Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years ## _**Debtors**_ Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. ## _**Creditors**_ Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |**2**
**Employees**
Average number of persons employed by the company|**2021**
**Number**
0|**2020**
**Number**
1| |---|---|---| 6 ## **KIRKISRAK COMMUNITY HOUSE Notes to the Accounts for the year ended 30 September 2021** |**3**
**Tangible fixed assets**
**Land and**
**buildings**
**£**
**Cost**
At 1 October 2020
-
Additions
-
Surplus on revaluation
-
Disposals
-
At 30 September 2021
-
**Depreciation**
At 1 October 2020
-
Charge for the year
-
Surplus on revaluation
-
On disposals
-
At 30 September 2021
-
**Net book value**
At 30 September 2021
-
At 30 September 2020
-
**4**
**Debtors**
Other debtors
**5**
**Creditors: amounts falling due within one year**
Trade creditors|**Plant and**
**machinery**
**etc**
**£**
1,802
-
-
-
1,802
1,493
30
-
-
1,523
279
309|**Motor**
**vehicles**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
**2021**
**£**
2,500
2,500
**2021**
**£**
145
145|**Total**
**£**
1,802
-
-
-
1,802
1,493
30
-
-
1,523
279
309
**2020**
**£**
-
-
**2020**
**£**
311
311| |---|---|---|---| **6 Trustees** Emine Caliskan Erdal Dogan Elif Gurgur 7 ## **KIRKISRAK COMMUNITY HOUSE** ## **Notes to the Accounts** **for the year ended 30 September 2021** ## **7 Other information** KIRKISRAK COMMUNITY HOUSE is a private company by guarantee without shares capital use of limited exemptions The company is incorporated in England. Its registered office is: 4-6 Derby Road Enfield Middlesex EN3 4AN 8 ## **KIRKISRAK COMMUNITY HOUSE** ## **Detailed Income and expenditure account for the year ended 30 September 2021** _This schedule does not form part of the statutory accounts_ |**Income**
**Gross profit**
Distribution costs
Administrative expenses
Other operating income
**Operating Income**
Profit on the disposal of tangible fixed assets
Profit on the disposal of investments
Gain on revaluation of investments
Income from investments
Interest receivable
Interest payable
**Surpluses**|**2021**
**£**
42,455
42,455
(46,312)
31,093
27,236
-
-
-
-
-
-
27,236|**2020**
**£**
33,216
33,216
(44,874)
25,455
13,797
-
-
-
-
-
-
13,797| |---|---|---| 9 ## **KIRKISRAK COMMUNITY HOUSE** ## **Detailed Income and expenditure account for the year ended 30 September 2021** _This schedule does not form part of the statutory accounts_ |**Income**
Income
**Cost of sales**
Purchases
**Distribution costs**
**Administrative expenses**
Employee costs:
Wages and salaries
Motor expenses
Community events expenses
Entertainment
Premises costs:
Rent
Rates
Service charges
Light and heat
Cleaning
General administrative expenses:
Telephone and internet
Postage
Stationery and printing
Licence fee
Subscriptions
Equipment expensed
Software
Repairs and maintenance
Depreciation
Sundry expenses
Legal and professional costs:
Accountancy fees
Other legal and professional
**Other operating income**
Grants Government|**2021**
**£**
42,455
42,455
-
-
-
-
1,356
821
-
2,177
30,000
74
1,643
1,514
60
33,291
537
-
225
180
158
321
-
8,632
30
41
10,124
720
-
720
46,312
31,093
31,093|**2020**
**£**
33,216
33,216
-
-
-
3,416
1
2,969
-
6,386
27,500
489
759
4,784
-
33,532
516
7
20
180
309
879
40
1,642
34
4
3,631
790
535
1,325
44,874
25,455
25,455| |---|---|---| 10