Annual Financial Report – 2023-2024 Registered Charity Number 1132060
Trinidad and Tobago Association UK
Registered Charity Number 1132060
Registered office and operational address: 380 Green Lanes, Finsbury Park, London N4 1DW
Prepared by: Tricia Zenisa George – Trustee for Governance and Treasurer
The Trinidad and Tobago Association UK herein after referred to as “TTAUK” or “the charitable company”, is not in a healthy financial position but continues to be a source of providing community services for the Trinidad and Tobago diaspora and other groups within the borough of Haringey.
TTAUK was established in 1962 when a group of T&T nationals decided they wanted to “pave the way”. Their vision was to create an organisation which would "pave the way" for future generations, both in Trinidad and Tobago and in the UK. The aim is to make a difference ensuring Trinidad and Tobago nationals and their descendants have a "home away from home".
TTAUK officially became a charity registered with the Charity Commission in October 2009.
This financial report covers the period 01/04/2023 to 31/03/2024.
The charity’s work continues to be reliant on income from its fund-raising activities and the rental income from 2 flats and a basement hall which are located at its premises at 380 Green Lanes, Finsbury Park, London. The main source of income for the reporting period should have been from the rental of the flats, but unfortunately this was not the case due to a flood which originated in the top floor flat. At the start of the reporting period (01/04/2023) there was a balance of £2,934.43 in the account. A breakdown of total income for the reporting period is £77, 631.36 of which £32,263.19 was the insurance claim paid to TTAUK following the flood of the top floor flat. Expenditure was £77,666.50 expenditure which included £32,263.19 paid out for the refurbishment work done following the flood of the top floor flat.
The charity continues to experience challenges in meeting its financial objectives to generate any surplus. The balance sheet shows total charity funds at the end of the reporting period as £2,899.29 in the business account.
The charity continues to have the task of maintaining and updating the premises at 380 Green Lanes, Finsbury Park, London, N4 DW10. This includes addressing the ownership issue of these premises which continues to be a long-standing challenge for the charity. Both tasks require substantial sums of money which the charity is attempting to secure via applications for funding from various sources and other funding ventures.
Annual Financial Report – 2023-2024 Registered Charity Number 1132060
| Annual Financial Report – 2023-2024 Registered Charity Number 1132060 |
Annual Financial Report – 2023-2024 Registered Charity Number 1132060 |
Annual Financial Report – 2023-2024 Registered Charity Number 1132060 |
Annual Financial Report – 2023-2024 Registered Charity Number 1132060 |
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| Charity Name: Trinidad and Tobago Association UK (TTAUK) |
Reg. No: 1132060 |
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| Receipts and | payments accounts | ||||
| For the period |
Period start date 01/04/2023 |
To | Period end date 31/03/2024 |
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| Section A Receipts | and payments | ||||
| Unrestricted | Restricted | Endowment | Total 2023/24 | ||
| A1 Receipts | |||||
| Grants and Donations (non- Gift Aid) |
£3,301.00 | £0.00 | £0.00 | £3,301.00 | |
| Membership subscriptions |
£36.63 | £0.00 | £0.00 | £36.63 | |
| Stripe Payments | £214.39 | £0.00 | £0.00 | £214.39 | |
| Easy Properties | £2,8819.00 | £0.00 | £0.00 | £2,8819.00 | |
| Gift aid receipts | £0.00 | £0.00 | £0.00 | £0.00 | |
| Fundraising and other income generating events |
£1,998.97 | £0.00 | £0.00 | £1,998.87 | |
| Sub total | £34,369.99 | £0.00 | £0.00 | £34,369.99 | |
| A2 Asset & investment sales etc |
Nil | ||||
| Total receipts | £0.00 | £0.00 | £0.00 | £0.00 | |
| A3 Payments | |||||
| Security Services | £684.72 | £0.00 | £0.00 | £684.72 | |
| London Borough Haringey |
£2,549.02 | £0.00 | £0.00 | £2,549.02 | |
| Builder’s Payment Plans 1 & 2 |
£11,000.00 | £0.00 | £0.00 | £11,000.00 | |
| Utilities (British Gas, EDF, Castle Water) |
£4,869.36 | £0.00 | £0.00 | £4,869.36 | |
| Insurance | £3,424.38 | £0.00 | £0.00 | £3,424.38 | |
| Voluntary Support | £2,300.00 | £0.00 | £0.00 | £2,300.00 |
Annual Financial Report – 2023-2024 Registered Charity Number 1132060
| Trustees’ reimbursements |
£1,838.48 | £0.00 | £0.00 | £1,838.48 | |
|---|---|---|---|---|---|
| Internet and Social Media platforms |
£583.50 | £0.00 | £0.00 | £583.50 | |
| Sub total | £27,249.46 | £0.00 | £0.00 | £27,249.46 | |
| A4 Asset investment purchases |
£0.00 | £0.00 | £0.00 | £0.00 | |
| Total payments | £0.00 | £0.00 | £0.00 | £0.00 | |
| Net of receipts/(payment s) |
£0.00 | £0.00 | £0.00 | £0.00 | |
| A5 Transfer between funds |
£0.00 | £0.00 | £0.00 | £0.00 | |
| A6 Cash funds last year end |
£2,934.43 | £0.00 | £0.00 | £2,934.43 | |
| Cash funds this year end |
£2,899.29 | £0.00 | £0.00 | £2,899.29 | |
| Section B Statement of assets and liabilities at the end of the period | |||||
| Categories | Details | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
|
| B1 Cash funds | Cash at bank | £2,899.29 | £0.00 | £0.00 | |
| Total cash funds |
£2,899.29 | £0.00 | £0.00 | ||
| B2 Other monetary assets |
Final Gift Aid Claim |
£0.00 | £0.00 | £0.00 |
Annual Financial Report – 2023-2024 Registered Charity Number 1132060
Funds to Cost Current value which asset (optional) (optional) belongs B3 Investment None - - assets ~~——~~ Funds to Cost Current value which asset (optional) (optional) belongs B4 assets None retained for the charity’s own use - - ~~See~~ Funds to Amount due When due which liability (optional) (optional) relates ~~ss~~ B5 Liabilities None The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the 12 months under review to 31 March 2024.
The members have not required the charitable company to obtain an audit of its financial statements for the 12 months under review to 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The Trustees acknowledge their responsibilities for:
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a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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b) preparing financial statements which give a true and fair view of the situation of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements were approved by the Trustees on 29 October 2024 and signed on their behalf by:
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exis
Michaelene Holder-March
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Tricia Zenisa George
Trustee for Governance and Treasurer
Chair
Annual Financial Report – 2023-2024 Registered Charity Number 1132060
TRINIDAD AND TOBAGO ASSOCIATION (UK) FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2024 Company Registration Number: 2248087 Charity Registration Number: 1132060 RegiSted Office: 380 Gre¢n Lanes Haringey London N4 1 DW Management Committee Officers.. Ms Michaelene Holder- March - Chairperson Natasha Queva-Kent- Trustee Ms Tricia Zenisa George - Treasurer Ms Roxanne Mohammed-Klein - Trustee Mr Irvin Spencer - Trustee Bankers: National Westminster Bank plc. Holloway Road (B) Branch 490 Flolloway Road London N47 6JB Independent Examiners.. Leroy ci Chartered Certified Accountants & Registered Auditors 299 Northborough Road Norbury London, SW16 4TR
TRINIDAD AND TOBAGO ASSOCIATION (UK) INDEX TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2024 CONTENTS PAGE Report of the Management Committee Accountants Report Statement of Financial Activities Balance Shect Notes to the Accounts
REPORT OF THE DIREcfoRS TO THE MEMBERS OF TRINIDAD AND TOBAGO ASSOCIATION {UK) The management committee members who are also the directors of the charity for the purposes of the Companies Act. present their annual report and the financial statements for the year ended 31 st March 2024 STATUS The club is a Tcgistered charity with a company limitcd by guardntee status. The management committee confirni that the provisions of the charity's governing document have b complied with throughout the year undcr review. MANAGEMENT COMMITTEE The members of the management committee during the year were.. Ms Michaelene Holder- March - Chairperson Natssha Queva-Kent - Trustee Ms Tricia Zenisa George - Treasur¢r Ms Roxanne Mohammed-Klein - Trustee Mr Irvin Spencer - Trustee OBJECTS, ORGANISATION AND ACTIVITIES The charity is established to: (a) assist mLmbers of the Association of Trinidad and Tobago origin to maintain contact with their country and with unL another. promi)te Caribbean culture. to c(Foperate with all other organisations culturdlly, socially and educationally. assist in the promotion of Social wclfarc and Community relations. The Association is non-political, and shall hold no such affiliation. (b) (c) (d) ACTIVJTIES AND EVEIYTS DURING THE YEAR The Trinidad and Tobago Association {UK) also referred to as TTAUK is not in a healthy finoncial position bul Continues lo be a sourc¢ of providing community services for the Trinidad and Tobago diaspora and other groups within the Borough of Haringey. The Charity conlinues lo be reliant on income from ils fund-raising activities and the renthl incorne from 2 flats and a basement hall whi¢h are located at ils premises at 380 Green lanes, Finsbury Park, London. The main source of income for the year under review should have been from the rental of the flats. but
REPORT OF THE DIRECTORS TO THE MEMBERS OF TRINIDAD AND TOBAGO ASSOCIATION (UK) unfortunately this w&g not the case due to a flood which originated in the top floor flat. A breakdown of the total income for the reporting year was £67,439 of which £32,263 was the insurance claim paid to us following the flood of the top floor flat. ThL total expenditure tor the year was £58,242 which included £39239 for repairs and maintenance mainly due the flIM)d. STATEMF.NT OF MANAGEMENT COMMITTEE MFMBERS, RESPONSIBILITIES The law requires us thc management committee members to prepare the financial statemcnts for each year which give a true and fair view of the state of affairs of the Charity and of its profit and loss for that period. In preparing th¢ financial statements, we are required to: (a) select suitable accounting policies and then apply them wnsistently through the years. (b) make judgements and estimat¢5 that are reasonable and prudent. (c) stale whether applicable accounting standards have been followe(L subject lo any material departures that should be disclosed and explained in the finan¢ial statements. (d) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Companies Act 2006, We are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities should they exist. FIXED ASSETS Details of any changes in the fixed assets are shown on the attached accaunts. REPORTING ACCOUNTANT Messrs Leroy Reid & Co have indicated their willingness to serve as Reporting Accountants and a resolution re-appointing them will be proposed at the annual general meeting. B Y ORDER OF THE BOARD Mi chael ene Holder-march Twstee 18-11-2024
REPORT OF THE ACCOUNTANTS TO THE DIRECTORS ON THE UNAUDITED FINANCIAL STATEMENTS OF TRINIDAD AND TOBAGO ASSOCIATION (UK) In accordance with the engagement letter and in order to as51St you to fulfil your duties under the Companies Act 2006, we have Compiled Ihe financial statements of the company which compris¢ the Income and Expenditure Account and Balance Sheel and the related notes from the accounling records and inforniation 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 ternis 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 n)atters that we have agreed to state them in this report and for no other purpose. To the fullest extent pennitted by law, we do not accept or assume responsibility to anyone other than the Company and Company's Board of Directors, as a body* for our work or for this report. We have carried out this engagement in accordance with techni¢al guidance issued by the Association of Chartered Certified Accountants (ACCA) and have complied with the ethical guidance laid down by the Association relating to members undertsking th¢ compilation of financial statements. You have acknowledged on the balance sheet your duty to ensure that the company has kept proper accounting records and to prepare financial statements for the yeAr ended 3 1st March 2024 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 period. We have not been instrucled to carry out an audit of the financial Statements. For this reason, w¢ have not verified the accuracy or completeness of the accounting records or infonnalion or explanations you have given lo us and w¢ do not, therefore, express any opinion on the financial statements. LEROY REID & CO. CHARTERED CERTIFIED ACCOtrNTANTS AND REGISTERED AUDITORS 299 Northborough Road Norbury London SW16 4TR
TRINIDAD AND TOBAGO ASSOCIATION (UK) STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST MARCH 2024 Incoming Re8ourees NOTES 2024 2023 Donations and legacies l{b)&2 67,439 41.871 67,439 41,871 Resources Expended Charitable expenditure 58.242 46,549 Total Expenditure 58,242 46,549 Net movement in funds for the year 9,197 (4.678) Total funds brought forward 111.775 116.453 Total funds carried forward £120,972 £111.775 There were no recognised gains or losses other than those passing through the statement of financial activities. The accompanyiTJg notes forn) an integral part of the financial statements.
TRINIDAD AND TOBAGO ASSOCIATION (UK) BALANCE SHEET AS AT 31ST MARCH 2024 EMPLOYMENT OF CAPITAL NOTES 2024 2023 FIXED ASSETS Tangible assets 42Y 447 CURRENT ASSETS Cash and Bank Balances 12.485 3,288 12,485 3.288 CURRF.NT LIABILITIES CreditotB and Accruals (960) NET CURRENT ASSETS 11,525 2.328 £440,972 £431775 FUNDS Revaluation reserve General reserve 320,000 120.972 320,000 111,775 £440.972 £431,775 The directors are satisfied.. (a) that for the year in question the company is entitled to the exemption from audit by Section 477(2) of Companies Act 2006 that no noticc has been dLposited under Section 476 of the Act in relation to the aceounts for the finanLial year (b) Thc directors acknowledgc their responsibilities for: cnsuring that the company keeps accounting records which comply with Section 386 of the Companics Act 2006. and preparing accounts which give a Irue and fair vicw of the state of affairs of the company as at the end of the financial year and of it8 profit or loss for the financial year in accordance with the rcquiremenls of Section 394 and 395 of the Act, and which othenvise comply with thc requirem¢nts of the Act relating to the accounts, so far as applicabl¢ to the company. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 applicable to small companies. The financial statements were approved by the Board.. Chairperson Ms Michaelene Holder-march.. The accompanying notes forn) an integt21 part of the financial statements. 18-11-2024
TRtNIDAD AND TOBAGO ASSOCIATION (UK) IYOTES TO THE ACCOUNTS YEAR ENDED 31ST MARCH 2024 ACCOUNTING POLICIES (a) BASIS OF PREPARATION OF ACCOUNTS The financial statements are prcpared under the historical cost convention and in accordance with the Stiltement of Recommended Practice.. Accoullting and Rcporting by Charities preparing their accounts in accordance with Thc Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP FRS 102 and Charitie5 Act 2011) Trinidad and Tobago As.sociati(Trn UK constitutes a public entity ds defined by FRS 102. (b) INCOME AND EXPENDITURF Income is recorded on the Gash basis whilst ¢xpenses a recorded on the accrual basis. (c) DEPRECIATION Depreciation is provided at rates which are intended to write off the cost of the assets over their estimated useful lives. {d) RESOURCES EXPENDED Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any V A T which cannot be llY recovered, and is reported as part of the expenditure lo which it relates.. Chariloble expendilure comprises aypenses that arg direc¢ly relaled to the furtherance of the organisation's charitable activities. DONATIONS AND LEGACIES Rent and hall hire Insurance claim Donations & membership 2024 28,819 32,263 6.357 £67,439 2023 37.080 £41.871 DIRECT CHARITABLE EXPFNDITURE Rates and water Light and heat Printingy Postage. stationery and telephone Repairs and maintenance Insurance Travel and subsistence Volunteer expenses Special events and donations Subscriptions Examiner's fees Legal and professional fees Administration and general 2024 2.743 4,676 584 39,239 3,474 2,920 842 931 783 1,017 600 433 £58.242 2023 3,093 3,376 804 25.117 2,369 1,418 2.300 6.154 40 1.017 861 £46,549
TIUNIDAD AND TOBAGO ASSOCIATION (UK) NOTES TO THE ACCOUNTS (CONTINUED) YEAR ENDED 31ST MARCH 2024 FIXED ASSETS Land & Computer & Buildin CostlVAluation Total Opening balancc 429,447 16.242 445.689 Addition5 Closing balance 429 447 Accumulated Ije reci8tion Opening balance Charge for the year 16,242 16,242 Nil Nil Closing balance Net Book VAlue As at 3 1st March 2024 As at 31 st March 2023 BANK CURRENT ACCOUNTS 2024 2023 National Westminster Current Account Capital Reserve Fund 2,900 9.585 2,935 353
TRINIDAD AND TOBAGO ASSOCIATION (UK) NOTES TO THE ACCOUNTS (CONTINUED) YEAR ENDED 31ST MARCH 2024 CREDITORS & ACCRUALS 2024 2023 Leroy Reid & Co. 960 960 REVALUATION RESERVE 2024 2023 Opening balance 320,000 320,000 Closing balance £320,000 £320,000 GENERAL RFSERVE 2024 2023 Opening balance broughLlforward 111,775 116,453 Net outgoing l incoming resources for the year (4,678) Closing balance carried/fonvard £120.972 £111.775
TIUNIDAD AND TOBAGO ASSOCIATION (UK) DETAILED INCOME AND EXPENDITURE YEAR ENDED 31ST MARCH 2024 Ineoming Resourees NOTES 2024 2023 Rent and hall hire Insurance claim Donations & membership l(b) 28.819 32,263 6,357 37.080 l(b) 4.791 Total Incoming Resources 67,439 41,871 Dhreet Charitable Expenditure Rales and water Light and heat Printing, postage, stationery and telephone Repairs and maintenance Insurance Travel and subsistence Volunteer expenses Special events and donations Sub.%criptions Examinees fees Legal and professional fees Administration and general 2.743 4,676 584 39,239 3.474 2,920 842 931 783 .017 600 433 3,093 3,376 804 25,117 2,369 1,418 2,300 6,154 40 1,017 861 Total Expenditure 58.242 46.549 Nel incomingl(outgoing) resources for the year
TRINtDAD AND TOBAGO ASSOCIATION (UK) FINANCIAL STATEMFNTS Yfi AR ENDED 3AST MARCH 2024 Company Registration Number.. 2248087 Charity Registration Number.. 1132060 Re8iSt¢red Otyice.. 380 Gre¢n Lane8 Haringey London N4 IDW Managem¢nt Cornmitt¢e Offi¢¢rs.' Ms Mi¢haelene HoldeT- March - Chairperson Nata$ha Queva-KerJt- Trustse Ms Tricia ZenisH (leor8¢- Treasurer Ms Roxanne Mohammed-Kleln- Trste¢ Mr Irvin Spencer- TLW*e B¥nkers: Nloal Westminster Bank plc. Holloway Road (B) Branch 490 Trlolloway Road London N47 6JB Ind¢pEnd¢nt Examiners.. Lcroy Cliartered Certified Aecountanls & Registed Auditors 299 Northborough Road Norbury London, SW16 4TR r.1
TRIP41DAD AND TOBAGO ASSOCIATION (UK) INDEX TO THP FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2024 coiYrENrs PAGE ReFKTrrt of the Management Committee A¢countsiils Report Statement of l-,inanci*LI Activities Balance Sheet Notes to the Accounts
REPORT OF THE DIRfcTOK8 TO THK MEMBERS OF TRIIYIDAD AND TOBAGO ASSOCIATION (UK) The mai)agemcnl coinmittcc members who are also the directors of the chai'ity toi the purpoqes nf Ilie Coii)panies Act, present Iheir annu&l rep)rl and the financial statements for tho year ended 31st MarL.h 2024 STATUS The Club is a registered charity with a company limited by guarantee Sta8. The InaiiHgement onimittee contirm Ilial the provision,% of tht cliarily's gi)verning d0ment have bccn cornpli¢d with throughou¢ the year linder rcviEW. MANAC.EMF.prr COMMITTCI F. Th¢ membei'N of the man2g¢nient ctsmmitlee during the year w¢r¢'. Ms Micliaelerte Holder- March - ChaiTperson Nalaslia Queva-Kenl - Trustee Ms Trieill Zenisa Gcorgc - Treasurer Ms Rox&nne Nfoh4iniDcd-Kleiii - Tw5lee Mr Irviii Spcncer. Trustee OWECTS, ORGANI.8ATIOP4 AND ACTIVITIES Th¢ ch3rity is established to.. (A) 8S8ibt mcmbL'rs of rhe As80Liatii)n Df Trinidad and Tobago origln to fflaint&in eontact with tlieir counti'y and with onc another. prnmate Caribbean Clture. lo ¢10pte with all other organisations culturalty, socially and education&lly. assisl in the promotion of Social welfar¢ and Communiry relations. The A.SSOCldtion is non-polilibal, and sh811 hold no 8u¢h #ffilialion. (b) (L) (d) ACTIVITJES AND FVFTYTS DURING THI YEAR The Trinidad and Tobago Association (UK) also referred to as TTAUK is not in R healthy financial p05ilion bul ¢ontinues to be a 50urL'L of providing Qtsmmunity servic¥$ for thc Trinidad and Tobago diaspora and oiliei. gr()ups within the Boruuglj of'Haringey. The charity conlinues lo be I'ellant oli incoine fi'om its fijnd-raising acliviliey ai)d the rental income from 2 flats and a baserncnt hall which are locaied At ILS promis¢s at 380 fjreen laiics, Finibury Park, London. Tlic main source of income for th¢ ycar under review should hav¢ been from the reiital of the Ilats, bul
REPORT OF THf DIRECTORS TO THE MEMBERS OF TRINIDAD AND T()BAGO ASSOCIATION (UK) nf()rhinately tl)i8 not the ¢as¢ du¥ to a fl(bod whicli originatLd in Il)c top floor flat. A breakdown iTrf Ilie toial iiiwme for the i'eporting year was £67.439 of which £32,263 was thc insurance ¢laim paid to Ug following tlie Ilood of the top Ilooi. flat. ThL total expenditur¢ for the year w4s £58,242 which included £3923Y for repAirs and mainteiiance rnuinly du¢ the flood. STA TFMENT OF MANAGEMENT COMMITfEE MF.MBERS' Rfi SPONSIBILITIEI 8 ThL law requircs u5 the managemei)t CQTnniittee meinh¢rs to prepare the financi415tatemenls for each year which give 2 true and fair view of the state of aifairs of the chjrity and LFf it¥ profil and 1055 ftir that pcriod. In preparing the financial ¥tutements, we Arc reqiiired to.. (a) seled suitable a¢counting policies and tlien apply them con5151¢nily through the yeurs. (b) make judgeiM¢nts eslifflatL5 that OIL reasonabl¢ and prLidenl. (c} st#li whether applicable a¢countins.stsndaid% have been folltswed, subject lo any material departiires Ihal should be di8clo4¢d and explained iii the financial stAtÈmenLs. (d) prepare the finai)¢ial 5tatemenL8 on th¢ going con¢¢i'n basis unless it is inappropriate to preguTn¢ that the cl)arity will coiilinuc 111 busi11¢. We are re&'pon4ible for keeping prop¢r dccountiiig recoriJF which disclose with reasonable aCLuracy al aiiy til¢ the financial position of'ihe charity and ttnable lis lo ensurL' that the rinancial slatL*neiits comply wrlh the C,onip1c nies Act 2006. We are also respfinsible for safeguardiiig tlie M8sets of the tharity and for taking reasonwble steps foi. the prcv¢nti0ii and dcl¢LlioiTr of fraud and other irregularities 51iould th¢y exist. IIIXED ASSF.TS Details of aiiy changes in the fixed a5set5 are Shown on the 8ttached accounts. REPORTING ACCOUNTANT M¢bsrs Leroy Reid & Co have indicated thLir willingiiess to serve as Reporting Accountants and 8 r¢solLltion re-appoiiiting th will be propns¢d al tl)¢ annual gcncral meeting. BY ORDF.R OF THE BOARD Mi chael ene HOI der-march Ti'ust¢e 18-11-2024
REI PORT OF THF ACCOUNTANTS TO THE DIRfi CTORS ON THE UNAUDITEI D FIPIANCIAL STATEMwf4I'S OF TRINIDAD AND TOBAGO ASSOCIATION (UK} In accord¥nc¢ with the eng8gemcnt letter in order to assigt you to fLiifil your duti¢% under thv Compaiiies Acl 2006. we havc compiled the financiol statements of the conipany which compi'isc Ihc IT)conie ai)d F.xpenditurc AcLuunl and BalanoL Slieel Rnd thc related notes fmm Ihc accounting records Hi)d infurtnation ai)d explaiiations you have given lo us. Tliis repoit is made to tljc Cnmpany's BO[d Of Directors. as a bodyi in accordancc with tlie lenns of our Lngagemeiit. OLir work has been undertak¥n so that we Tnight conipilc the financial -%taiemenLs tliJl WE have bee11 eiigagcd to compilc. rcport to the CniD5)any'% Buard ol. Directors Ihat we have done so. and stale thobl matter.% i1l w¢ havc agired la slate Iliem in Iliis rcport and fnr no otlier purpose. Tu the fullest extent perniitted by law, we do not accept or assume respoi)sibility to anyone othLr thmn the Company and Cvmpany's Board of Dircctors, as a body, for our work ur tor this reporl. Wc liave cai'rivd t11is cng&gement in accordance will) tec1)n11 gLiidance issued by thc AssociAtion of Chartered Certified Accountai)ts {ACCA} and have complied with th¢ cihical guidanee laid down by the Association relaling to members undertaking the oompilation ()f rinancial statLmonls. You have acknowledged on the balance $heet your duty lo ensure tliat thc company has kept proper acbounting records and lo prepaTe fiiiancial statements foi. the yeai. elided 31 st March 2024 that give a trLie and fail. view under thc Corllpanie5 Act 2006. Yoii corJ%ider Ihit the company is exempt froni the slatutory ieqLliI'¢meiit for an audit for the peflod. We have not been instructed tn CRrry out an lludil of the finnnlia1.atemellI$. For IFIIS Tcason, wb have not verified thc accui'acy or Completene of the accounting rccords or inforniatioii or cxplanations y()u havL givcn to us and wc do not. thercfore. Express any Dpinion on the financiul stateineiiLs. LEROY REIll) & CO. CIIARTtr,RED L'ERTIPII',D ACCOtTrlTANTS AND REGISTI,'RLD AUDITORS 299 Norlhborough Ruad Norbury London SW16 4TR
TRTNIDAD AND TOBAGO ASSOCIATION (UK) STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST MARCH 2024 Incomlllg Re&D*rees NOT 024 Donations and legacies 10))&2 67,439 Re$ovYc&8 Expended Charitable expenditure 58.242 Total Expenditure 46,549 Net mov¢ment in funds for the year 9.197 (4,678) Total fibnth brought fon¥ard 111775 116453 Totsl funds raryied forward £120,972 £111,775 There were no re¢ognised gains or1&8ses other than those passing through the statement of financial activities. The a¢¢i)mpanying not¢$ forni an inl¢gral part of the finallcial statements.
TRINIDAD AND TOBAGO ASSOCIATION (UK) BALANCE SHEF.T AS AT IIST MARCH 2024 EMPLOYMENT OF CAPITAL NOTK 2D24 FIXED ASSETS Tan8ible asset4 429 447 471) 4,11 CURRENT ASSETS Cash and Bank Balllnc 12,485 3,288 12,485 3.288 CURBF.NT LIABILITAF Creditoi's and Accruals (960) NET CURRENT ASSETS 11.525 2,328 £440 972 £431,773 Revaluation reservc G¢iieral Yesrrye 320,000 120,972 320,000 111,775 L440,972 L431.775 Tl)e direclors are sgtisfi¢d.. (al tliat for ihe year in question the company is enlitled to the exemption from alidit by Secti()n 477(2) of Companies Ad 2006 thal no noticc lias bcell dLPOSit¢d under 8¢xlion 476 nt'the Acl in rclation to the accounts fvr the financÈal yr {b) Tht dir'tOrS aLkiiowlrdgc their rponsibIlItieS for.. ensuring Iliat IhL Lumpany keeps accounting records which ¢omply with 8eclion 386 of the Cnmpanies Act 2006. and preparing IILcoimts which give a triic nd fair view of the statc of affair.% of the company 85 at the end of tl)e fIncial year alld nt 118 profit or loss for the financial ycar in accordance with the i'4uiremenl8 of Section 394 and 395 of the Acl, and which otherniise coniply with thc wiiiremenLs of th¢ Ad rclating lo thc nccounts, sv far us applicable to the company. This repori has b¢en prepared in accordaiice with the special pmvisions ofpart 15 ofthe Comp8ni¢5 2006 applicable to small cumpanies. The tinancial sl4lemenLS were Approved by th¢ Board.. Ch*lirrS(1n 18-11-2024 Ms Michaelene Holder-M&rch. Date.........,.. The accoinpanyii)g notes lorn) an intcgi'al pari of th¢ financial 8tatemeiits.
TRINIDAD AND TOBAC.O A.8.SOCIATION (UK} NOTES TO THE ACCOUNTS YEAR ENDED.11ST MARC.H 2024 ACCOUNTINC. POLICI&S (a) BASIS OF PKFPARATION OF ACCOUTrITS The fiiirincial slatemeiitg are prcpdred und#r the historical cost ¢oiivei)tion and in cIL(.'iTrrddiiLe witli the Sldt¢lllLrit ()IIILY<)niiiiund¢d Practi¢c.- ALI',OUllling and RcpLlI'liiig by C.h4rilies prLllcTrrinuY [Iieir acLIIIITil% iii a¢LOI'dAIiLC willi The FinanciRI Rcporting 8tand41'd applic8ble iii ihr UK and Republic ot'11'eliind Icharilics &*ORP FRS I Q2 &T)d (:liarities Acl 2011) Trinidad And Tobago As.soeitLtinn UK con$tiiutes d public entity as defii)ed by FRS 102. (bl INCOME AAND EXPENDITURF Inconi¢ is recorded on the basis whilst ¢xpense$ air recorded oli the aLcriial basis. (c) DEVRECIATION Depreciation is providcd at rates which ar¢ int¢nthd to wrilc off the cost of the As%¢L% ovei. tlieir e81irnated useful liv¢.5. (d) RF.SOURCF% CI XPENDED Expendilurc is rrcogniyed on an ¢?ccI'ual basis as a liability is incui'red. Expeiiditure includes aiiy VAT which cannot be fully re¢over#d, and is reported a¥ i)art of tlie expendilurL to wlii¢h it relates.. Chayilable expendithrE cr)mpri,¥ drpernses ihul dj'e dEYecrlJJ relaled ¢D ihe furthci'ance of the organisation's cliaritable aclivili¢s. DONATION.8 AND LEGACIES Rcnl and hall hire Insiirance claim Doiiaiions & meinbership 2024 28,819 32,263 6,357 £67,439 20 37.080 4,791 £41.1171 DIRECT CHARITABLE EXPF.NDITURF. Ratcs #nd water Light arid heHI PTinrin& pD%tagL, slalioncry and 16lephone Repairs and iiiainiBnRncc Insurance 1'ravel and siibsi5teiice Volunteer cxpcnse% Sp¢cial events aiid donations Subscripliun. Examiner's fec.$ Legal and pi'ofe8,%lonal fees Adniiiiiqliation aiid gencral 2024 2,74.q 4,676 584 39,239 3,474 2,920 842 931 7113 1,017 2013 3,093 3,376 804 25,117 2,369 1.418 2,300 6,154 4Q 1,017 i I 600 433 861 £41).%4Q 14,24?
TRINIDAD AND TOTIAGO ASSOCtATION (UK) NOTES TO THE ACCOUNTS (CONTINUED) YEAR ENDED 31.8T MARCH 2024 FIXED ASSFTS Land & Computer & OnIng balancc 429,447 16.242 445.689 AddTtion5 Clo$lng balance Op¢ning balanG¢ Ch4rge for the year 16.242 16,242 Closing balance As at 31st March 2024 As al 3 Isl March 2023 BANK CURRENT ACCOiiNTS 2023 Nalion81 We.qlminster Current A¢count Capital Resetve Fund 2,900 2.935 353
TRINIDAD AND TOBAGO ASSOCIATION (UK) NOTFS TO THE ACCOUNTS (CONTINUED) YEAR ENDED 31ST MARCH 2024 CREDrroRS & ACCRUALS 2024 2023 Leroy Reid & Co. 960 960 REVALUATION RESERVE 2024 2n2.7 Opening bal8llc¢ 320,01)0 320 UU(J Cloging balance £3211,OaU £.120,1100 GENERAL RESERVE 2024 Opening balBnce broughLlforward 111,775 116,453 N¢1 outgoing l incoming r¢sources for the year Closing balance ¢arrie(VforwArd Ll ?U.97? £111775
TRINIDAD AND TOBACO $SocIATION (UK) DETAILEI D INCOMF AND EXPENDTTURE YEAR ENDEf) 31ST MARCH 2024 Ine•minE Resour$ NOT 2024 2023 Rellt and hall hiiE Insurance claim Donations & mcmbBrship l(b) 28.819 32,263 37.080 l(b) 4,791 Total Incvmin8 Re8ouree5 67.439 Dlrvt Charitable Expendlture Rates and wat Light and heat Printin& posta84 stationery and fr14)hoMe Repairs and maintenance Insurance Tr8vel and Subsistence volteeT expenses Special evfynts and donalions Subscriptions ExRmineVs fees Leg8] and professional fee5 Administratii)n and genera] 2.743 4,676 584 39,239 3,474 2.920 842 931 783 1.017 600 433 3,093 3,376 804 25,117 2,369 1.418 2,300 6,154 1.017 61 Total Expenditure Net incomingl{outgoing) rE5011rces for the ye.