Annual Financial Report – 2024-2025 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”, remains in an unhealthy 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 by 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 01/04/2024 to 31/03/2025.
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 was from the rental of the flats, following a significant rental shortfall for 2023/2024, due to a flood which originated in the top floor flat. At the start of the reporting period (01/04/2024) there was a balance of £2,902.62 in the business account. A breakdown of total income for the reporting period is £35,068.97. Expenditure was £34,622.75.
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 £3,345.51 in the business account.
The Business Reserve Account opened on 01/04/2024 with a balance of £9584.83 and closed with a balance of £1508.75 on 31/03/2025.
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 – 2024-2025 Registered Charity Number 1132060
| Annual Financial Report – 2024-2025 Registered Charity Number 1132060 |
Annual Financial Report – 2024-2025 Registered Charity Number 1132060 |
Annual Financial Report – 2024-2025 Registered Charity Number 1132060 |
Annual Financial Report – 2024-2025 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 01/04/2024 |
To | Period end date 31/03/2025 |
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| Section A Receipts | and payments | ||||
| Unrestricted | Restricted | Endowment | Total 2024/25 | ||
| A1 Receipts | |||||
| Grants and Donations (non- Gift Aid) |
£0.00 | £0.00 | £0.00 | £0.00 | |
| Membership subscriptions |
£29.70 | £0.00 | £0.00 | £29.70 | |
| Stripe Payments | £186.22 | £0.00 | £0.00 | £186.22 | |
| Easy Properties | £19,349.00 | £0.00 | £0.00 | £19,349.00 | |
| Gift aid receipts | £0.00 | £0.00 | £0.00 | £0.00 | |
| Fundraising and other income generating events |
£0.00 | £0.00 | £0.00 | £0.00 | |
| Sub total | £19,564.92 | £0.00 | £0.00 | £19,564.92 | |
| A2 Asset & investment sales etc |
Nil | ||||
| Total receipts | £0.00 | £0.00 | £0.00 | £0.00 | |
| A3 Payments | |||||
| Security Services | £716.16 | £0.00 | £0.00 | £716.16 | |
| London Borough Haringey |
£1486.59 | £0.00 | £0.00 | £1486.59 | |
| Builder’s Payment Plans 1 & 2 |
£1,600.00 | £0.00 | £0.00 | £1,600.00 | |
| Utilities (British Gas, EDF, Castle Water) |
£4,796.56 | £0.00 | £0.00 | £4,796.56 | |
| Insurance | £3,513.90 | £0.00 | £0.00 | £3,463.90 | |
| Voluntary Support | £525.00 | £0.00 | £0.00 | £525.00 |
Annual Financial Report – 2024-2025 Registered Charity Number 1132060
| Trustees’ reimbursements |
£0.00 | £0.00 | £0.00 | £0.00 | |
|---|---|---|---|---|---|
| Internet and Social Media platforms |
747.02 | £0.00 | £0.00 | £747.02 | |
| Sub total | £13,385.23 | £0.00 | £0.00 | £13,385.23 | |
| 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 |
£2899.29 | £0.00 | £0.00 | £2899.29 | |
| Cash funds this year end |
£3345.51 | £0.00 | £0.00 | £3345.51 | |
| 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 | £3346.00 | £0.00 | £0.00 | |
| Total cash funds |
£3346.00 | £0.00 | £0.00 | ||
| B2 Other monetary assets |
Final Gift Aid Claim |
£0.00 | £0.00 | £0.00 |
Annual Financial Report – 2024-2025 Registered Charity Number 1132060
| Funds to which asset belongs |
Cost (optional) |
Current value (optional) |
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|---|---|---|---|---|---|
| B3 Investment assets |
None | - | - | ||
| Funds to which asset belongs |
Cost (optional) |
Current value (optional) |
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| B4 assets retained for the charity’s own use |
None | ||||
| - | - | ||||
| Funds to which liability relates |
Amount due (optional) |
When due (optional) |
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| 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 2025.
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 2025 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 by 24[th] July 2025 and signed on their behalf by:
Tricia Zenisa George
Michaelene Holder-March
Trustee for Governance and Treasurer
Chair
Annual Financial Report – 2024-2025 Registered Charity Number 1132060
TRINIDAD AND TOBAGO ASSOCIATION (UK) FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 CoMp)Y Registration Numb¢r: 2248087 Charity Registration Numb¢r'. 1132060 Registcrcd Oftioe: 380 CJreen Lan¢8 Haringey Londiin N4 IDW Manageiment C(m)mittce Offi¢ers'. Ms Michaelene Ilolder- mYh - Chairperson Ms Tricia 7.enisa George- Treasurer Ms Roxanne Mohammed-Klein - TTU8tee Mr Irvin Spenc¢r- Trustee Bankers.. National Westminsler Ilank pl¢. Holluway Road {Il) Branch 490 Holl(&Y Road trfmdon N47 6JB Ind¢p¢ndenl Examiners: Lth)y Reid & Co C'hariercd Certified Accountsnts & Registcr¢d Auditors 299 Nortl)boTough Road Norbury London, SW16 4TR
TRINIDAD AND TOBAGO ASSOCIATION (UK) IJYDEX TO THE FINANCIAL.STATEPvtENTS YEAR VNDVD 31ST MARCII 2025 CON'I'LNTS PAGE Report of the Maiiagenieftt Comniittee Accountants Report Statcment of finaiicial Activitie5 BRlance Sheel Notes to the Acoou11ts
Rb.PORT OF THE DIREC.TOR% TO THf, MEMBFRS OF TRINIDAD AND TUBAGO ASSOCIATION (UK) Thc mana8enienl comrnittee m¢ii]b..5 who are 81.%0 tlic direcfoTS of tli¢ charity fui. dic purposes ofthe C()Inpanie8 Act, prcsent ihcir annLial report aiid thL tinrJiici81 slatetncnls for the ycdr ended 3 1st March STATUS The cliib is a rowstercd cliarlty with a GOiTipany liii)ite(I by gudrantee Status. The moiiagevnenl coinmittec conlirni thal thc proviiion.s of tlie charily'8 govcriiing) dociimLnt have been complied with Ihroughout the year iIrider revrcw. MANAC.EMENT COMMITTEI V. The members of thc manf1gement QYTrmmittee diiring Ihc year wrre.. Ms Mi¢ha¢lene Holdei' fv1aroh Chairp¢r50n Ms Tricia /ei)i.sJ CJ¢orgse TIEa8ur Ms Rolianne Mohammed-Kleii) . Twslee Mr Irvin Speiicer- Triislee nB.IECTS, ORCJANISATIC)N AND ACTIVITIFS Tli¢ cl)llrity is &stfiblish¢d to.. (a) assisL meiiiberg of thL. AssoLialiTrn ot Trinidad and Toba8(J oi'igiii to maintaill conlact with their couniry and witli one anoilier. prom()te Caribbean ciiltuye,. to co-opcrute wilh all ollier ()rganjsalion Lulturally, socially and cducatic)nally. as4iSt iii thc promotion ofsocial welfare and C'oiiiinunity rclations. Tlic Associalion is nni)-politiLal, aiid %h£211 hold no.%u¢h affi1iati(Trn. Ib) Icl Id) AcriviTIF.S AND CI VF.NTb DUKINC: I'HF. YEAR Thc Trinidad alld Toba¥o Ass0¢idtioii (UK) also referred to as TTAIIK 18 not in a h[[hY financial position but cnntiliiS to be a source of praviding L'vwT]IMunity g¢1'vices for th¢ Ti'ii)idad and Tobagi) diaspora and (Ithcr 81'OUPS Within the Borough of14arii)g¢y. The ¢harity coJitinuc8 ti) he rcliaiit nn income froni ils fuiid-Taisin8 tILlivilie8 tlie rcnial incomc from 2 flals and a basement l)all wliicli are Ivcated gt 115 preini5es at 38V Greei) laiies, Pi115bury Pyrk, London. Tlie main soiirce of in¢ome f(yr Ilie ycar uiidei. rty7Vi¢W was from ihe rental of the flats.
REPORT OF THI DTRE(TrORS TO THE MEMBfi,RSy OF TRINIDAD AND T()BAf¥O A,SSOCIATION (UK) Thc total incomc for the ybar under r¢vi¢w was £24,705 Rncl thv total expenditui'e wa5 £32,335 and tl)ercfoit resultii)g in J l(x85 of £7,630 against a profit of £9,197 last year. STATEMFNI, OF MANACJFMkNT COMMIITEE MFMBFRS, RESPONSJBILITIJLS The laiv, requii'es us the Inai)agen)enl comiiiirtee menibers to prepaie tl)e financidl 5talernenls for eacli year which give a true and fair view r)rthe state ofdffairs of the ¢harily and of its profil and 105% for that pcrii>d. In preparing th¥ financial st&teiMenl8, we Hre reqLiired tn.. {a) seleLI suitable Rceollniing policics and then apply Iliem cnnsislently through the s'ears. Ib) Inake judgem¢nl.% and eslimcltes tliat ure reasonphle ai)d pnident. (c} .Ftate ivhether applical)le accounling slandard8 hdve be¢ii folliiwed, 8ubje¢t lo any material d¢pariiir¢s that %hould b¢ disclo.%cd and explain¢d in thc frin£1n¢ial statthnents. (d) prepare the linoncral .%l#tttinenl8 the kvoing conc¢m b>sis un1&84 It ib iiiappr(bpriale ¢0 prbsiime that the ChrIlY will contiiiue in biJ.%inesq. We ol'e r&spo>nsible for kLeping proper ac¢oiinLiTlg records which dise105¢ with rS0ab]e accui'acy at aiiy timc the linancial positi()n of IhL ¢h8rity and enable lls tu cnsure that the ringncial stalemei)ts comply with thc Companies A¢t 2006. W¢ are also responsible r(11. 58feguarding the Assets lif the charity and for iaking r¢&wnHble .steps fDI' th¢ prevention and detecli(Trn of timud and oihLr ilY¥ilalItIeS should tliey eKlSI. FJXF,D Assfi,TS Ddail¥ of any changes in the fixed ¢755¢ts are shDwn on tlie dlla¢hetl a¢count.%. REPORTING ACCOUNTANT Me55r8 Leroy Reid & Co liave iiidioatal Ilioir willingness lo serve as Reporting A¢coiinlan(s #nd re5()lution rc-appniiiting them will be pi'oposed al the unnual gcneral m¢¢ting. BY ORDER OF THE BOARD TI'i.SLL
HEPORT OF THE AC.COUNT ANTS TO THE DIRECI'ORS ON THE UNAUDITFD FINANCIAL,8TATEI MFNTS OF TRINIDAD AND TOBAGO ASSOCIATION IUK) In accordaiiee with the engagement letter and in ord. to a8%ist yoii t fultil your dutiLs iind¥r (lib colnpT11Ls Acl 2006, we have compiled the tiiiancial $tatenients of the company whiLh Lompii8e tlie Income and Expeiiditure ALLoiint and 118lanee Slieet aiid the relaied notes frorn the accounting records aiid inforinatloll cin(I cxplanalions you have givcll to u.%. This rcport is to thc C.ompany'.% Hoard ofDircctors. as a body, in accnrdaiic¢ with thv tern)s ofour ei1gugemjt. Oui. work ha8 bw"n IindEilakcn 50 thal wc might compile the financial statem¢nts tliat w¢ l)Ave beeii ¢llsftged to cotnpili, rcport lo thc C.ampany'8 Board of l)ire¢tor thal we hiive done 80, and slate those niatters iliat WL have aLrreed to slale thetn In this repnrt and for other purpose. To the fullesl extent perinilted l)y Idw, we do not A¢LCPt or assum¢ re$iNiiisibility to anyone othcr thali ihe Coinpany and Company's Board of Director5, as 3 b(Jdy, for oui. w()rk or for 11)is report. W¢ liave Carried ()iit ihis en&aelcnt iii arxordaiicc witli teclii)ical guidai)ce issued by the Association of Chailered Ccrtiticd Accountants (AC.CA) and have coinplied i¥iili the cthical guidance18id dowii by the Associalion r¢laiing tn In¢mbeT5 undertaking th¢ Compilation of liiianLial stalem¢nts. Yoii havL ackiiowlcdgcd nn tl)e Ila1)LL shcel your diity lo eiisure that the company hal kept prop¢T a¢counting vecords and to prepare financial slatements for the year end¢d 31 st Mai'ch 2025 Iliat Eive ¥ triie and fair view under ihe C'ompanies ALt 200CTr. Yoii consider thai ihe coinpany is cx¢mpi from the statutorv requirement for an audii for the p.10. We have not been iiistructed lo carry oiit audit of tlie financial slalenients. For this reHson, wc hdvc not vcrificd tlie accuracy or coiiipletciie.%s of the acLnunting record8 ur iiifurniation Dr explanlinS y()u have given to us and we do not. tlierL.fore, expi'e8s any opiiiioii on thc tin£iiicial statcmcnts. 0> LEROY REID & C.0. CI.IARTTr.'RE.D LER'fiF'IED ACCOUNTANT,S AND RF,GI8TI,.RF.D AUDITORS 299 Nonl)bon)ugh Road Nnrbury Londoii SWI 6 4TR
TIIINinAD AND TOBAGO ASSOC.IATION (UK) 'rA Tf.MENT OF FINANCIAL AC.'I'IVITIES YEAR ENDFD 31ST MARCH 2025 Inci)mlnE Resources NOTL 2024 Donations and le2acies l(b)&2 24,705 24,705 Re50urc¢$ Expended Charitable exp¢ndilur¢ 32.335 Total Expendilure 58,242 Net movement in fuiids for the year (7.630) 9,197 Total fvnds brought forward 120972 111.775 Total funds carried forward £113.342 £120.972 There were no rccognis¢d gain.% or losse5 nther than Iho.8e passing Ihrough the statement of tinancial a¢tivities. The a¢cornpanying nol¢s forin an Inte?1 part of the financial btatements.
TRINIDAD AND TOBAGO AS'SOCIATTON (UK) RALANCV SHfi.Ei'f AS AT.11,ST tVlARCH 2025 F,MPLOVMENT OF CAPITAL NOTE 202S 20 IXED ASSEI TS Tangibl¢ asset¥ 421),4117 4?1) 447 CURRFNT ASSEIS, Cash aiid Bank Balances 4.855 12.485 CURREf4T I,IABILfl'IF.S CreditOTS aiid Accnjals 4,855 12,485 960) NF.T CURRENT ASSETS 3,895 11,525 £431,342 £440,972 FUNDS KevAIIiAtTon reserve iieral I'&qervo 320,00 113,342 320,000 190,97 Lil].l. J42 £440.97? Tlie dirLctors are satisficd.. (o) that for the year in questiuii tl)¢ conipany is enlitlcd to the exemption froin audit by Section 477(2) of Companies Act 2006 that no notice has been deposited uiid¢r Section 476 of ihe Act in relation to the actOLinls for the financi41 year {bl The diiectors acknowledge their I'esponsibilitlLS fi)r'. LnsiirinB that tht Company kcq)s ftcc()unting records which comply with.Section 386 of the Conipanies Act 20Q6, aiid prcpaiiiisF accounts which ¥ive a ti'ue aiid fair view of tlie sIBle of affairs of ilic company as t th¢ eiid Ipcthe finarcial year and of 118 protil or li)5s for tlic financial year ii) accnrdance with the requircjnenls of slI0n 394 dnd 395 of tlie ALt, and whicl) olherwixc comply with Ihe r¢quir¢mei)ts of ihe Acl relatiiig tn the accounts. 50 far as applicahle to the mpany. Tliis rL'I)(Ji'i lias IK'LII prL'p:Ired in acL()I'daiicc with thc.5p¢Gial provision8 of Pdrt I S ofthe Coinpaiiies Act ?QIIC),'IppliialilL l(1 8niLIII compHiiie5. Tlic finftncial 8rateinenls were approved by Ilic13oard.. Clioirper¥on Ms Miclia¢leii¥ Hi)Idttr-MarLI)...,... Dale..................... The accornpanyiiig notes fonn ai) iiitegi'al parl ()f ihc financial siaternents. 01-08-202 5
TRINII)AD AND'foBAC:O ASSOCIATION (UK) NOTf,,8 TO TFif. AC.couTrrrs YEAR ENDbD31ST MARC.H 2112$ ACCOUNTTNC. PnLICJF.S (a) BASIS oir PREPARATION OF ACCOUNTS The findneial %1aternent.% are preparcd under the historical cost convention and in IILCQTdai)cc witlTr Ihc Stdtumenl of RecommeiidLd Practicc- Acci)iinting and Reporting l)y Ch¥rilies prLpAring tlieir accouiils in c(}I.dance with The Piiiancial Repoiting %tandai"d applicRble in ihe UK tind Repul)lic of Ireland (Charities SORP FRS 102 and Cliai'iti¢s Act 2UI I ) Ti'ini(l?d and A8s()ciatron UK constitutes a public entity d¢fined by rR% 102. (b) INCQMf. ANI) EXPENI)ITUR Iiiwme i.E IEcDrded oil the c&5h basis whilst exp¥nses <ire rewrded tl)e aocrual l)asis. (el Df4 PRFCTA TION Depicciatinii is provided al rmlcs wliich Iirc intended to write off th¢ cost of tlie a5.%ets ov¢r theii. estiiiiated useful live$. Id) REI SOURCLS EXPFNDF.D E.xpenditiire is reLobinised on dll ac¢rLIAI ha.EIs A.5 a liability is incurred. Expenditiii'e iiicludes aiiy VAT which cat]iiot b¢ fiilly reLovered, and is reported as part of thL ¢xpenditiire lo wliicli it ielales.. ChoYiÉable expeiidltre cuknpritg,f expense.¥ ihal 47pe dii'*rily relaiedio the rLlrtherancc ol'thc orgaiiisalion's chJi'ilablc activities, DONA'fioNS' AND LCIC:ACIFS Rent and liall hir¢ Iii.%iiranLe claim Donattons & niembership 2025 22.501 2024 28.819 32.263 6.157 £67.¢119 £24,71)< DIRECT CHARITARLf. FXPF.P4DITURr, Rdt¢S Iliid water Light and heat Printing, post%Trge, SlotiDnery and ieleplione Rcpairs and Inaintcllanc¢ Iiisuraiice Tiavel aiid %ubsisteiiLC Volunteer ¢xpen8c. SpcLièI ewenlf und d(Trnation5 SLibsGriplions Examiiiei s fees Legal and PTofessional fees Adinini$liatioii and genernl 2025 3,990 4,541 639 16,133 2024 2,743 4,676 584 39,239 3,474 2,920 842 931 1,397 150 715 1,044 1,017 600 433 L58.?42
TRINIDAD AND TOBAGO ASSOCIATION (UK) NOTES TO THE ACCOUNTS (CONTINUED) YEAR ENDED 31ST MARCH 2025 F]XED ASSETS Lgnd & Computer& Opening balanGe 429,H7 16.242 445,689 Additions Nll Closing balanc¢ Openihg balan¢e Clirtrge for the year 16,242 16,242 Closing balance As at 3 1st March 2025 As at 3 1st Maych 2024 BANK CURRENT ACCOUNTS 2025 2024 National W¢stmin5ter Cumt A0vIlt Capital R¢s¢rve Fund 3.346 2,900
TRINIDAD AND TOBAGO ASSOCIATION (UK) NOTES TO THE ACCOUNTS (CONTINUED) YEAR ENDKD 31ST MARCH 2025 CRKDITORS & ACCRUALS 2025 2024 Lcroy Reid & Co. 960 960 RIVALUATION RESERVE 2025 2024 Opening balance 72U,000 Closing balance L120.000 £J20.0011 GENERAL RESKRVE 2025 2024 Op¢nin8 balance broughtlforwayd I20,972 111.775 Net outgoing / incoming r¢¥ourn¢s for the year Closing balance CaM¢fOrWard £11.3.342 £12n,972
TRINIDAD AND TOBAGO ASSOCIATION (UK) DETAILED INCOME AND EXPENDYTURE YEAR EPIDED 31ST MARCH 2024 Incomlng Re$ouTce5 NOTES 2025 2024 Relit and hall hire Insurance Qlaim Donations & memkrship l(b) 22.501 28,819 32,263 l(b) Total Incoming R&8ource3 Dlrect Charitable ExpeDditure Raicg and water Light and he81 Printing, postage, $tationery ld t¢lephone R¢pairs and maii)tenance Iitsiwance Trav¢1 and sub¥istence Volunteer expense5 Special evenls Bnd donHI1O11$ Subscriptions F.xamin¢r's fees Legal and profegsional fees Administration and general 3.990 4,541 639 16,133 3.573 1,397 150 715 141 1,044 2,743 4.676 584 39,239 3,474 2,920 842 931 783 1,017 600 433 12 Totsl Expcndilure Net irt¢omlngl(outgoing) resource8 for ihe year £LL&
TRINIDAD AND TOBAGO ASSOCIATION (UK) FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 Company Registration Numbcr.. 2248087 Charity Registration Number.. 1132060 Registered Office.. 380 Green Lanes Haringey London N4 1 DW Management Committee Officers.. Ms Michaelene Holder- March - Chairperson Ms Tricia Zenisa George - Treasurer Ms Roxanne Mohammed-Klein - Trustee Mr Irvin Spencer- Trustee Bankcts.. National Westminster Bank plc. Holloway Road (B) Branch 490 Holloway Road London N47 6JB Independent Examiners.. Leroy Reid & Co 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 2025 CONTENTS PAGE Report of the Management Committee Accountants Report Statement of Financial Activities Balance Sheet Notes to the Accounts
REPORT OF THE DIRECTORS TO THE MEMBERS OF TRtNJDAD AND TOBAGO ASSOCIATION (UK) The management committee members who are also the directors of the charity for the purposes of the Companies Ac¢ prcsent their annual report and thL financial statements for the ended 31 st March 2025 STATUS The club is a registered charity with a company limited by guarantee status. Thc managemenl committee confirm that the provisions of the charity's goveming document have been complied with throughout th¢ year under revicw. MANAC.EMENT COMMITTEE The members of th¢ management Gommittee during the year were: Ms Michaelene Holder- March - Chairperson Ms Tricia Zenisa George - Treasurer Ms Roxanne Mohammed-Klein - Trustee Mr Irvin Spencer- Trustee OBJECTS, ORGANISATION AND ACTIVITIES The charity is established to.. (a) assist members of the Association of Trinidad and Tobago origin to maintain contact with their country and with one another. promote Caribbcan CUlre. to co-opLTate with all other organisations culturally, socially and educationally. assist in the promotion of Social welfare and Community relations. The Association is non-political. and shall hold no such affiliation. (b) (c) (d) ACTIVITIES AND EVFNTS DURINC. THF YEAR The Trinidad and Tobago Assoiiation (UK) also referd to as TTAUK is not in a healthy financial position but continues to be a source of providing Gommunity services for the Trinidad and Tobago diaspora and other groups within the Borough of Haring¢y. The charity continues to be reliant on income from its fund-raising a¢tivities 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 year under review was from the rental of the flats.
REPORT OF THE DIRECTORS TO THE MEMBERS OF TRINIDAD AND TOBAGO ASSOCIATION (UK) The total income for the year under review was £24,705 and the total expenditure was £32.335 and therefore resulting in a loss of £7,630 against a profit of £9,197 last year. STATEMENT OF MANAGEMENT cOMMIEE MEMBERS, RESPONSIBILITIES The law requires us the management committcc members to prepare the finaT]cial statemcnts for each year which give a true and fair view ofthe state ofaffair8 of the charity and of its profit and loss for that pcriod. Jn preparing the financial slatements. we are required to- {a} select suitable accounling policies and then apply them consistently through the years. (b) make judgements and estimates that are reasonable and prudent. (c) state whether applicable accounting standards have been followed, subject to any material departures that should be disclos¢d and explained in the financial 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 a¢¢uracy at any tirne the financial position of the charity and enable u5 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 ASSF.TS Delails of any changcs in the fixed assets aTe shown on thc attached accounts. REPORTING ACCOUNTAIYT Mes5rs Leroy Reid & Co have indicated Iheir willingnes5 to serve as Reporting Accountants and a resolution re-appoillting them will be proposed at the annual general meeting. BY ORDER OF THE BOARD Trustee
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 assist you to fulfil your duties under the Companies Act 2006, we have ¢ompiled the financial statements of the company which comprise the Income and Expenditure Account and Balance Sheet and the related notes from the accounting record5 aT)d 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 tern]s 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 lo slate them in this report and for no oth¢r purpose. To the fullest extent permilled by law. we do not accept or assume responsibility to anyone other than the Company and Company's Board of Director5. as a body, for our work or for this report. We have carried out this engagemenl in ac¢ordance with technical 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 undertaking the compilation of financial statements. You have acknowledged on the balance sheet your duly to ensure that the company has kept proper accounting records and to prepare financial statements for the year ended 31 st March 2025 that give a true and fair view under the Companies Act 2006. You consider that the ompany is exempt from the statutory requirement for an audii for the period. We have not been instructed to cary out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or inforniation or explanations you have given to us and we do not. therefore, express any opinion on the financial statements. LEROY REID & CO. CHARTERED CERTIFIED ACCOUNTANTS AND REGISTERED AUDITORS 299 Northborough Road Norbury London SWI 6 4TR
TRINIDAD AND TOBAGO ASSOCIATION (UK) STA TFMENT OF FINAIYCIAL ACTlVtTfFS YEAR ENDED 31ST MARCH 2025 lllcoming Resources NOTES 2025 2024 Donations and legacies l(b)&2 24,705 67,439 Re$ourees Expended Charitable expenditure 24,705 32,335 Total Expenditure 58.242 Net movement in funds for the year (7,630) 9,197 Total funds brought forward 120972 111775 Total funds carried forward £113,342 £120.972 There wcre no rQgnISed gains or losses other than those passing through the statement of finan¢ial activities. The accompanying notes forn] an integral part of the financial statements.
TRINIDAD AND TOBAGO ASSOCIATION (UK) BALANCE SHEET AS AT 31ST MARCH 2025 EMPLOYMENT OF CAPITAL NOTES 2025 2024 FIXED ASSETS Tangible a%sets 429 447 CURRENT ASSETS Cash and Bank Balances 4,855 12.485 CURRENT LIABILITIES Creditors and Accruals 4,855 12,485 (960) NET CURRENT ASSETS 3,895 11,525 £433.342 £440.972 FUNDS Revaluation reserve General reserve 320,000 113,342 320,000 120,972 £433,342 £440,972 Th¢ directors are satisfied.. (a) that for the year in question the company is entitled to the exemption from audit by Sectio 477(2) of Companies Act 2006 that no notice has been deposited under Section 476 of the Act in relation to the accounts for the financial year (b) The directors acknowledge their responsibilities for: ensuring that the company keeps accounting re¢ords which comply with Section 386 of the Companies Act 2006. and pr¢parin8 accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of ils profit or loss for the financial year in accordance with the requirements of Section 394 and 395 of the Act. and which othenvise comply with the requirements of the Act relating to the accounts. so far as applicable to the company. This reporl has been prepr in accordance with the special provisions of Part15 of the Companies A¢t 2006 1¢ ppIicc1ble lo smllil companies. The financial statements were approved by the Board.. Chairperson Ms Michaelene Holder-march....... Dat¢..............,........................ The accompanying notes forni an integral part of the financial statements. 01-08-2025
TRINIDAD AND TOBACO ASSOCIATION (UK} NOTES TO THE ACCOUNTS YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES (a) BASIS OF PREPARATION OF ACCOUNTS The financial statements are prepared under the historical cost convention and in accordan¢¢ with the Statement of Recommended Pra¢ti¢e: Accounting and Reporting by Charities preparing their accounts in accordance with The Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP FRS 102 and Charities Act 2011) Trinidad and Tobago Association UK constitutes a public entity as defined by FRS 102. (b) INCOME AND EXPENDITURE Income is recorded on the cash basis whilst expenses are re¢ord¢d on the acerual basis. (c) DEPRECIATIOLY 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 ac¢rual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates: Charilable expenditure comprises expenses that are direclly relaled io ihe furtherance of the organisation's charitable activities. DONATIONS AND LEGACIES Rent and hall hire Insurance claim Donations & membership 2025 22.501 2024 28,819 32,263 6,357 £67,439 2.204 £24.705 DIRECT CHARITABLE EXPENDITURE 2025 3.990 4,541 639 16.133 3,573 .397 150 715 141 1,044 2024 2,743 4,676 584 39,239 3,474 2,920 Rates and water Light and heat Printing. postage, stationery and lelephone Repairs and matntenance Insurance Travel and subsistence Volunteer expenses Special events and donations Subscriptions Examinees fee5 Legal and professional fees Adminislralion and general 931 783 1,017 600 433 12 £32.335 £58,242
TRINIDAD AND TOBAGO ASSOCIATION (UK) NOTES TO THE ACCOUNTS (CONTINUED) YEAR ENDED 31ST MARCH 2025 FIXED ASSETS Co&t/VAluation Land & Computer & Buildin ui Total Opening balance 429,447 16.242 445.689 Additions Nil Nil Closing balanc¢ 429 447 Aecumulated De reeiation Opening balance Char8e for the year 16,242 Nil 16,242 Closing balance Net Book Value As at 31st March 2025 As at 31 st March 2024 BANK CURRENT ACCOUNTS 2025 2024 National Westminster Cuent Account Capital Reserve Fund 3,346 ,509 2,900 9,585
TRINIDAD AND TOBAGO ASSOCIATION (UK) NOTES TO THE ACCOUNTS (CONTINUED) YEAR ENDED 31ST MARCH 2025 CREDITORS & ACCRUALS 2025 2024 Leroy Reid & Co. 960 960 REVALUATION RESERVE 2025 2024 Opening balance 320,000 320,000 Closing balance £320.000 £320,000 GENERAL RESERVE 2025 2024 Opening balance broughtlforward 120.972 111.775 Net outgoing l incoming resources for the year 7,630 9.197 Closing balance catTiedlforward £113,342 £120.972
TRINIDAD AIYD TOBAGO ASSOCIATION (UK) DETAILED INCOME AND EXPENDITURE YEAR ENDED 31ST MARCH 2024 Incoming Resource5 NOTES 2025 2024 Rent and hall hire Insurance ¢laim Donations & membership l(b} 22,501 28,819 32,263 6,357 l(b) 2.204 Total Incoming Resources 67.439 Direct Ch4ritsble Expenditure Rates and water Light and heat Printing, postage, stationery and telephone Repairs and maintenance Insurance Travel and sub518tence Volunteer expenses Special events and donations Subscriptions Examinels fees Legal and professional fees Administration and general 3,990 4,541 639 16,133 3,573 1.397 150 715 141 2.743 4,676 584 39,239 3,474 2,920 842 931 783 1,017 600 433 12 Totsl Expenditure 32,335 58,242 Net in¢omingl{outgoing) resources for the year