NEIYE TEREZA FINANCIAL STATEMENTS Trustees, Report and Unaudited Accounts 30-Jun-24 Company Registratlon 06920109 Cbarity Iyumber 1137791 Nene Tere7a Legal and administrative Inforniatlon Truste8S Dhurata Hoti Sefedin Curraj Shpresa Halti Adelina Hyseni Eralda Sinanay Registered eharity numbet 1137791 Fngland and Wales Principal location Community House 311 Fore Strcct ixjndon England hF9 OFZ Ac¢ountant$ Elliot Akins & Co Chartered Certified Accountants 1st FIoor. Cavendish House 369 Burnt Oak Broadway Edsware Middlesex HA8 SAW Nene Tereza Content8 Page Trustees, report Ito4 Independent examinees report Statement of flliancial activities Balan￿ sheet Notes to the financial statements 8t014 Nene Terrla Trustees Report For The Year Ended 30 June 2024 Tlie Ti￿st￿, who are also directors of the charity for thc pUry￿Ses of the Companics Act 21KJ6. p￿1 Iheir report WAth the unaudited finallcial statements ofthe charity for the ycar ended 30 June 2024. Referertee ind AdMI￿str￿tiy¢ Details Company No.. 06920109 Ch&rity No.. I137791 Prlnclp41 Office Comn)uAity House 31 l Fore Street Londo N9 OPZ Regi%tered Offiee Coinmuiiity HoiTSC 31 l Fore Street London N9 OPZ Dlre¢tors Illd Trnstees Th¢ Dircclors of the charitable company are its Tn￿1¢¢$ for the puw of clwity. law. The followiDg DITC¢t￿8 and Trustees. The followill8Dirtctors and Tn￿teeS served duriog the yetr. Dhurala Hoti Sefedin Curraj Shpre5a Halii Adelina Hyseni Erdlda Sinanay Key MaDagemnt Personpel Esat Brace OBJECTIVES AI¥D AcfivITIES In settin¥ out our objcctiv¢s and aim5 the trusie¢s has giv¢D J c8rthl consideration lo the ChaTity Conrnissithj guidanee on public bellerit the charity is Committ￿ io provid Nene Tereza Trustee$ Report For The Year Ended 30 June 2024 It has beeli a semi suceessfi]l year at Nene Tereza, we haye continued to be the voiceof our sejvice users. The Work tliat slaff. Yoluiiteers and partners it is of a 8re4t quality and full of enerBy dedic*ion and passion to btiiig the best to ea¢h a[￿ every one they come in contact with reassuring and ¢oftfirtlls that this or8anisation has their own agenda finding a solution for the issues they are facing with. The rnnge of service thal we have provided to our cotmnuniry is astonishin& W¢ have set put few hi8bli8hts for ihe year. The Inain obje¢tives are the advancernent of education of youThg The objec1& of the chHrity are the advancemenl of ethvtion (includÉng nN)thertOll8uc and other ttaining) for boys and girl8 aged 5-16 as well as for adulis learning skills for life, WOTnen's PfDjects. legal advice, for ibe public benefil thrniigh the provi.4inn i>f faeilities for the supplenKnt8ry e(Eucation progr8uthKK relief of the poverty and financial har&%hip for Albanian peopk atKI also otkn natio￿1111￿1 by providing irttupretatiorn adYoca¢y8nd career advTrce. Alms objectives • Our objectives are Sel to refl¢¢t our £th￿atio￿al aims al￿ th¢ etlM)s of the supplcnKnw ethcation. It is important to us th&t we support maintain atld eDhance the a¢ademi¢ success ofthe suppleo]entary school. . To prowde and pro￿￿te stjpplementary edLEcalton for Albanian children. lo rrtgage young people in differenl spori a¢livitie8" to pi'ovide training and ¢onfid¢nce-buildiDg for Alb8llLaD spcakiNg wompn. . To pioJiiol¢ 5¢1f-C]npowctmrnt for r¢fibg¢¢5 and asyluth se¢k¢rs within tbc AibaniaD Wnu￿1ty0f IA1￿ To rais¢ awar¢n¢s$ Of legal rights, ¢itizen5bip, duties and requirements. either os UK citizens. refugees orasylum seekers within the AlbaDia ommwiity of IA)ndon. To establish olld maiDtain links with othersimilar Organi7Atio￿4 thai provide support to refugee- asylum seeker communities To iinprov¢ the mainstream educational achievements and ihe self-confidence of pupils, th¢ majority of whom come from the Albanian Commynity. by providtng out-of-sch(M)l extra teaching in English alld Maths. . To leach 8nd celebrate Albaniall lattguage attd cullure ￿ children from or ¢los¢ to Albanian c￿ll￿ty. . ro provide parenls from Albanian-origin fomili¢s with suptKot for thetnsdvc5: a&si51 Ihem supporl their children belter ift EnainStFe4m 5cIKM)I& To provide parcnt5 from Albanian-origin families wilh support for th¢tThselv&s' a￿1 to assi￿ thern support theirchildren beÉler in mainslreain schools. Th¢ prinwry PUTPQS¢ of the trust¢es' report (Ihe Ireasures report) is to ensure that the chartty 1$ publicly a¢counlabl¢ to its stakd￿lders for the stewardship alld maoagemeni ofthe funds il holds on Injst. As a Treasurer l alway5 considcr the infoEm8tion needs ofthe primary users of the rewl. At Nene Te{v￿ we nornwtly include fundcrs. donors. rinaiicial supporters, service users and other beneficiaTtes. The rqjort 15 prepared to assist the user to nTrke e￿n￿ME¢ decisions in relation to the charity and to a5scss ihe Nene T¢r¢za pro￿ against its obj'ectives and to ￿de[Strnd its plans in relation to its purposes Nene Tere7a is not set up with financial manaeemeDt in mind- is it set up in r&8p0￿e lo a Co¥tllnunily need. by founders who have a passion to create chan8e and deliver on a mission. The staff members as wrll as volut)te¢rs have worked hgrd during the yearalld bave m&naged the Albanian supplerncnlary schools acms$ Lonth>n, communications a]Jd majiy other areas of administration, havin8 in mind that sortthingwhich nmpst ￿ done to allow the ¢h&rity' mission-oriented work to lake place. NENE TERF.ZA Trnsttes Report We are extrcmcly grdtefiEI for the trust that nJenJb¢T5 have Shown in u5 comnJilJn¢ni tt>o11 ofwr membtts 15 that we will do best to rq>ay back. Looking back￿rdS. what havewe achiesyd this year. During tht5 fin&ncial year the wholc organ17atio￿ trustees. m¢nJb¢rs, volunleers. and statrwlled 108ether demonst¥ated significanl comm}lm￿t to all N¢ne Terva's 5¢rvice aTKI th8t cornrnittReni to 8et us through the whole period. Ade Dhurdta Hots Sefedi urri Page 2 Nene TerwL* Trustee5 Annu*l Report For The Year Ended 30 June 2024 12-Deckn24 Elliot Akins & Co Chart¢r¢d Ccrtified Accounlants 1st Floor, Cavendish House. 369 Burnt Oak Broadway Edgware HA8 SAW Page 3 Nent T¢reza Trusltts Annual Rtport For The Ytgr Ended 30 June 2024 NENL TERKLA Tru5tee5 Anniiol Report l understand that charities b¢low the audtl thtubold ar¢ not r¢quird to provi(k this icvd of dthil, but wc know Ih¢t it is good PT&¢ti¢¢ to d￿ribe how is 8oxxatrJJ iti ￿der to support the chaTity's activiti￿. The Tniste&s are respotssible for keeping proper accowiting ￿VdS that disclose with re4sonable accuT*Cy at any time the rinan¢io1]N)sition of Ihe charily and to enable thcm to ensure that the fi¥Trancial sth*ments comply with the C¢)mpanies Act 2006. The Tntstcts are also responsible for safeguarding the of the charitya￿l thkln8ve￿l￿th1¢ slq)s for the prevention and detection of fraud other itregulaiitie Th¢ al)ov¢ r¢port has beoD prepard ID aecordance with the w0visi￿ applicable to conwanies subje¢t to the srnall eojnpynies ieeiTne. 85 se.t niil in PArt 15 thf lhp. fAufbpAnieq Ati ?.IKtrfi And in Acc(rdance IFith ihe C.haTitits SORP {FR8 102). Si￿¢d on behalf of the board Adcline Hy Dhwa S¢fedin Curri Nene Terez The tntsttts of the Nene Tervts Ch￿lty preseni their annual report and audited xcounts forthe year ended 30 June 2023 and cotlfvm Ihey comply with (he reqU1￿MentS of Ihe Chariiies A¢1 2011. Ihe and the Cbariii£s SQRP (FR5 102). Page 4 Nene Tere lTrdependenl es¥miner'5 report For The Year Ended 30 June 21124 Independent Ex&rnineVs RCM to the tnth¢s of NENE TERE7A I report to the chRrity truslees on my ¢xarnination of the accoullts of NENE TEREZA foT the Year ETrdcd 30 Jun¢ 2024 whicb cornprisc the Statemthl of Fina￿la1 Adivities. the Summary In¢om¢ and Expenditur¢ Aw)unt, the Balan¢e Sheet. and t1￿ r¢l&t¢d llotel. RtSPOD5ibilitles basls of report As the tw$t¢es of thc charity (and also its dir¢dots for the PUfEthes ofc*ynpany law) vou aTe wibk for the preparation oftbe aecounts in 8ccwd8nee with the requirements of Companies A¢1 21￿ Cthe 2(M)6 Act. Having sati.%fied myself that ihe accounls of lh¢ charity are not required to bc audita under Part 16 of the 2006 Act and arc eligible for indep¢ndeTht ￿arnIn￿li0￿, I fcPDrt iti respr*t of my examinati(Xk of your ch8Titys #ecau￿tS as carried 0￿1 underseclion 145 of the Clwities Act 2011 Cihp. ?.01 l Art,) In n)it Tny examination I have followed the Directions givtti by the Cbarity Commi￿10￿ sectioo 145(5Xb) of the 2011 Art. Independent examinees sialernent I have completed my eXarniT￿ti0￿. I can confirn) that DD matezial knve come to my attention in conT*etion with the examination giving m¢ cause to believe thai.. * accoun¢ing records ivere not kept in ￿e0rd8￿ce wilh Secti(￿ 386 of 2(K16 Act. { . the accounts do not accord with tkrfjc rtcords. or • the accounts do not cornply with the a¢counting rtquitements under stttion 396 ofthe 21￿6 Act o thall arty requir¢m¢nt that th¢ accounts give a'tvue and fairf vi¢w ivhich is not a malitt consider&J as pan of an independent examination- or the accourtts have not be￿ pr¢paTed in accordance with the cliariti￿ SORP (FRS lff2). I have no concerns and have come acr￿ Do other￿alletS in I*M￿ClI0￿ with the examination ts which attention slKwld be drawn in this report in order to cnable a pro￿ Undetst￿1ng of the￿coUnts tobe Feth4L Poge 5 I4¢nETer￿ FOR THEY￿ EliDFJIJ•IUNE2•14 YwEA*4JI knr Yt¥EthIJJ T•l I$5￿1• -14S9J L>wk TudTRN'ol Twor Ilei1￿ 141 iQ12 fjt•UKT¢OWUK koj JWJW9 its2)9 kTth)* 46 4416 ￿13 NelltTer B*l*wSbttt *t31 J¥llt 1024 N•1 2014 ?• Vlxed Aslets Tan8lbltAs5ets 1991 Current As$d$ CA$h at bfjnkand In band Total Current Ajsets 31804 24.417 t￿r￿j11 Llablllll¢• Credltorn: AmouTrl$ dm¢ OnEye¢r Net Currtllt Asstts Tot41 As$¢ts knt41 Lljblllll Charlty R¢51ricied Uiircslriclcd Fwth: Geiieral 21589 2Q407 6.426 6J26 TotslCb*rlty 2&239 TheTh￿ice5 Rte sat15ficdiknthc ¢on4wy igethitkd ￿ LytD¥ti¢￿frornthc 2￿)6(￿e Aet} latingto1￿ wdit oftbt ￿O￿la[ sta$ell￿￿ for t￿y￿bY viTtiXof%¢h￿477,•Dd thit ha 8]b iudil PWSllllV io se¢wk476oftsA¢t Tr ackrmYkd8c their r•￿I￿lI1ts tr. en$uriD8 thil th¢¢oThyny keepsPtuperxcowrtwsr#4¥th whN4h¢(ff¥tywOhsttlbJrt386ofthBAci prep8rim8 financral s￿t¢￿ents￿h1￿￿ ￿ a athl faifview ¢)f LkstalcofaffairsvfUY f￿￿1￿1)¥￿r and t>f ilswofil orlo55 forthc fi*aN¢ial yraritt*¢eO(dattY withth¢Ttquw¢nKnLqofs￿l4l￿ 394 ¥￿1 Y)5. atyj wh*bwb¢nviK ¢oThWy wllhilw reqvirerngDts oFlbB Acl TV131￿10 knn¢tpl s￿1¢￿ so pPPkncab￿ of ￿￿y. Th¢ fwBnc18151aleJN￿l5 WetE apwDv¢d by th¢ 11 DeceJthE2024 ORib Wmifby hd¢liM Sefedin NeDt TtFeU r4rtos lotht FInI￿rIAl Slaieth¢•ts IlorThtYt•T Etyled30Jwit 2024 I. ACCOUNTING POUCIES BMi5$of preparlDE th¢ I1￿￿￿1 ￿￿1¢￿¢￿￿ NeneaTcrezH is H TCFi5to¢d ¢h*rity th the Urrited Theathss of 11$ pri￿1￿7 office i% given ¢hoTily infotrnation OD paBe lofihcs¢ fina￿7￿1 P[]D¢i￿1 8¢llVjtKs Bte 8ivcn fAB¢2 oftTr*stfiowi*lsw•w Th¢charilYcon51i¢u￿5a wblic b#*fil¢￿llY￿def￿td byFRS 101 The **i¢¢rtfftL% ha*lx¢D pplicableto ¢hriliesprc￿rin￿tht1r#ecOLk￿ thxcotdar*e wMhlhcFuwKMJ R¢pMtiog StsThl*td 8ppIiL8ble in (he UK a￿d of I￿70￿1(FRs 1021. thecblr￿rS Ad201 l#tMI UK Gene(altyAttq) PTr￿1¢¢￿ i14W*s frfAftOI JAnwry2Ql9. TbE fin*￿¢•￿1 sWittwii%areprepaTedon D go￿8 bithri￿[Co￿[ con￿nE[W4 modifitd to iw14th ccrtAWL]i￿￿ al fEir YaluE. ThB iOn81 ¢wrewyoflbe ¢haTityand ￿￿￿lIother￿1re￿r•￿￿ The si£iJific8nl BCcoun1￿%￿oll¢1cs *wlied ththtPttPBEkliDtioftsc fU￿l{l s1•te￿￿ *¢t¢iw boh)w. Tbc￿ poli¢i¢s'h#ve b¢e0¢o￿$Ls￿￿ty app￿ed toiu IiTrcowB is rccognistd iti thtSrBlcw£&to1F￿WKlOl AdivinE5wkndK thc '&nyp¢rfotmartco 30 J￿￿ 2024 Yepr ÉO 30 JttDe 2023 U]wes1iCt Rtstrickd Fwids Rc5trithl The nalion&l lotlerytommnity Main GFartt John Lyon5 Young Byrnel F4wndatiD Tud TR Nol Tutor Naiional Hcriiagc Loiidon BOr0￿¥h of Enficld Mbriduc RetLcw&I Groundwork UKTe GWUK 29.185 74J40 29.185 74.340 19500 19.51)0 4.51KI 22.51YJ 4.5fXI 22.51JO 5500 22,51YI 10.120 9.660 l91X) 5.5 22.51X) 10.120 9.660 2.900 1.000 71.IXiI 140.025 71.180 P8ge 10 r4ene Terez8 Noles to the Flnglitlil Slaternents For The Year Emd¢d 30 J￿￿e 2024 4 Analysis DfExpenditure Year to 30 Jur* 2024 Unrc51iGtcd Funds Ye4r to 30 June 2023 UnK8tic*d Fynds Restricted Fund$ Totsl Tot*1 Dlreet Charltable Costs DSr¢¢t Costs: Project development Teachtng expense5 PrOJ￿t Coordinator 10,564 22.927 12,490 10,564 22.927 12.4 b.I"lO 9.092 9.092 Wage5 alld salari¢s Einployers Nl Slaff training Refreshmthjts Volutsiary ¢xpenses Pi'ot¢cliv¢ clothing Actvlties, trips atwl perfromaiic Travel ¢xp¢nses Sub5isl•lCe- Community foLNI Rait 47,281 3.970 2.629 1.6T2 4,138 47281 43.034 2.688 2.610 2.439 827 2200 43,034 2,688 2,610 2.439 827 2,200 1629 1.622 4.138 3,589 3.182 3,589 3.182 1ffl2 1.682 1.844 21.509 13.856 2IJ09 13356 7J03 7.303 9.509 Equipment mit¢rial$ Compllter $of￿are. ¢onsurnables and m&inteTh&nce Insui?ftce Printing, Jxksta8e alld stationery Adverlising and marketin8 costs 4.022 4,022 1.849 129 1.849 129 1.080 121 1.928 Iy28 670 670 1.772 1.772 3YJ 390 T¢lephone 8nd internet Websiie co%ts A¢¢ountattcy fe¢5 Consultsncy Bank chHrges Charitable donations Siindry expenses 1,831 1,817 1500 1.831 1*17 iJoo 1.089 698 2.650 81KI 1.089 698 2,650 800 12 73 2,185 12 2.185 1.709 1.709 Depreciation of on)putcr ¢4uipmcMt Total 2,991 161843 2991 6,008 1119 6,008 Nenr Tffe7• Notes to Ihe finanelal S14t¢me*l$ For The Year Ended JO JuHe 2024 5. TRUSTEFS AND KEY MANACEMEP4T PEKSONNEL REMUNERATION AND EXPENSES The trustees did not rrteive athyremwKrntion nor reimbyrsed expeDstsdutiDg theycaT (2023: LNil}. The charity coNideE5 its key Ma￿￿£M￿l pers(￿￿1 c(ryriscth¢ Bofjrd of T￿￿¢¢> and its CEO. Tjie total ainount of ttw>loytt benefits including emploi%rfs pension ¢(m￿lbUl￿>￿S ttteived by key management persoDlltl were £47281 (2023: £43.034). 2024 2023 Gl'os5 Sal*rles Employers Natlon8l Insur4n¢e 47.281 3.970 51251 43,034 2,688 45.722 The aveage number of Full time equivalent enwloyees duriDg ycar w85 5 (2023 5) 6 Tax#tlo The Company L8 a Tegistered eharity artd it is ¢(￿Ide￿d thllt its a¢tiwiti¢s s￿h thatno laulion liability will arise. Pa￿ 12 Nent Tereza Notes to the Finanfiil Stst¢m¢nts For The YeAr Ended 3(1 June 21124 7 Tanglble Flxed As5etS Dcpr¢clotltsn As at 01 July 2023 21,042 Provid¢d during the peri 2,991 As at 30 JuJ)e 2024 As at 01 July 2023 8 Credltors: Amounts faulng duewlthln one yur 2023 Othcr taxes and social 5ccurity Pension P&y8bl¢ 4,580 4.789 1.169 Page 13 Iyenc T¢ru Note5 to the Fin¥nci41 Statements For The Year Ended 30 June 2024 9 Charlty Funds Reserves At 01 July 2023 Incomlng Resourees Outgoing Resources At 30 June 2024 Transfers Re5trl¢¢ed Funds 20.407 140.025 163,843 25,0(Ml 21,589 Unrestrlcted Funds 5.832 25.594 25.(KKI 6.426 Total Fund Reserve 26,239 165,619 163.843 28.015 Pa8e 14