P R Centre Limited
Trustees’ Annual Report for the year ended 30 April 2024
Reference and Administrative Information
Charity name P R Centre Ltd Charity registration number 1138350 Company registration number 07235485 Registered office Office Pt 1st Flr, 41–43 Standard Road, London England, NW10 6HF
Trustees
The trustees who served during the year were:
Zubair Deewan Peter John Watt Siddiqullah Saleem
Chair of Trustees
Siddiqullah Saleem
Structure, Governance and Management
Governing document
P R Centre Ltd is a charitable company limited by guarantee and is governed by its governing document and the provisions of the Charities Act 2011 and the Companies Act 2006.
Organisational structure
The trustees are responsible for the overall strategic direction, control and management of the charity. The trustees act collectively as the Board and serve in an unpaid capacity. Day-to-day activities are supported by volunteers where appropriate.
Office Pt 1st Flr, 41–43 Standard Road , London , England, NW10 6HF
Appointment and induction of trustees
Trustees are appointed by the existing trustees in accordance with the charity’s governing document. New trustees receive an induction appropriate to their role and are made aware of their duties under charity law and Charity Commission guidance.
Risk management
The trustees have reviewed the major risks to which the charity is exposed and have put appropriate systems and procedures in place to mitigate those risks. Attention is given to safeguarding, financial controls, compliance, and the capacity of volunteers.
Objectives and Activities
Aims and objectives
The charity’s aims are to advance education and training, to prevent or relieve poverty, and to promote amateur sport for the benefit of the public.
Activities – how the charity spends its money
The charity carried out activities for the benefit of residents of Park Royal, London and Willesden, as well as members of the local workforce and their families. Activities during the year included:
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Educational classes including Islamic studies, Mathematics, English and Science
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Friday prayers, open to all members of the local community
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Iftar provision during the month of Ramadan
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Taraweeh prayers during the month of Ramadan
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Martial arts classes to promote health, discipline and wellbeing
These activities were delivered in addition of the charity’s charitable purposes and for the public benefit.
Public Benefit
The trustees have had due regard to the Charity Commission’s guidance on public benefit. The charity’s activities benefit the public by promoting education, community cohesion, spiritual wellbeing, physical health, and support for individuals and families within the community.
Office Pt 1st Flr, 41–43 Standard Road , London , England, NW10 6HF
Achievements and Performance
During the year ended 30 April 2024, the charity successfully continued its core educational, religious and community-based activities. Engagement from the local community remained positive and activities were delivered consistently in line with the charity’s objectives.
Financial Review
Principal income sources
The charity’s income was derived primarily from donations.
Expenditure
Expenditure was applied to charitable activities and necessary administrative and governance costs.
Reserves policy
The trustees reviewed the charity’s reserves and are satisfied that reserves were maintained at an appropriate level to meet ongoing commitments.
Investment policy
The charity does not maintain a formal investment portfolio. Surplus funds are held in cash accounts only.
Policies
The charity has the following policies in place:
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Complaints handling
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Conflicts of interest
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Investment
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Paying staff
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Risk management
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Safeguarding vulnerable beneficiaries
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Volunteer management
Office Pt 1st Flr, 41–43 Standard Road , London , England, NW10 6HF
Plans for the Future
The trustees plan to continue delivering the charity’s current activities and, subject to available resources, to expand educational provision and community engagement.
Statement of Trustees’ Responsibilities
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and UK Accounting Standards (UK GAAP), including the Charities SORP.
The trustees are responsible for keeping adequate accounting records, safeguarding the assets of the charity, and taking reasonable steps to prevent and detect fraud and other irregularities.
Approved by the trustees and signed on their behalf by:
Siddiqullah Saleem (Chair)
Date: 28/01/2026
Office Pt 1st Flr, 41–43 Standard Road , London , England, NW10 6HF
P R Centre Ltd
Charity Registration Number: 1138350
Trustees’ Annual Report and Unaudited Financial Statements For the Year Ended 30 April 2024
Prepared in accordance with:
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The Companies Act 2006
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Financial Reporting Standard 102 (FRS 102)
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The Charities SORP (FRS 102)
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The Charities Act 2011
Registered Office:
Office Pt 1[st] Flr 41-43 Standard Road London NW10 6HF
Contact Information:
Website: www.prccentre.com Email: info@prccentre.com
P R Centre Limited Statement of Financial Activities
For the year ended 30 April 2024
| Income and endowments from: | Note | 2024 | 2023 |
|---|---|---|---|
| Donations and Legacies | 2 | 43,316 | 7,000 |
| Total Income | 43,316 | 7,000 | |
| Expenditure on: | |||
| Raising Funds / Cost of Generating Funds | - | - | |
| Charitable Activities | 3 | 29,273 | 814 |
| Total Expenditure | 29,273 | 814 | |
| Net Income/(Expenditure) | 4 | 14,043 | 6,186 |
| Transfers Between Funds | - | - | |
| Net Movement in Funds | 14,043 | 6,186 | |
| Reconciliation of Funds | |||
| Total Funds Brought Forward | 63,708 | 57,522 | |
| Total Funds Carried Forward | 77,751 | 63,708 |
P R Centre Limited Detailed Statement of Financial Activities
For the year ended 30 April 2024
| Income and endowments from: | 2024 | 2023 |
|---|---|---|
| Donations and Legacies | ||
| Corporate Contributions | - | - |
| Individual Contributions | 43,316 | 7,000 |
| In-Kind Contributions | - | - |
| Total Income | 43,316 | 7,000 |
| Expenditure on: | ||
| Charitable Activities | ||
| Rent/Lease Expenses | 16,175 | - |
| Rates and Utilities | 10,126 | - |
| Software expenses | 187 | - |
| Repairs and Maintenance | 1,159 | - |
| Bank charges | - | 103 |
| Sundry Expenses | 957 | - |
| Accountancy fee | 670 | 711 |
| Total Expenditure | 29,273 | 814 |
| Net Income/(Expenditure) | 14,043 | 6,186 |
| Transfers Between Funds | ||
| Net Movement in Funds | 14,043 | 6,186 |
| Reconciliation of Funds | ||
| Total Funds Brought Forward | 63,708 | 57,522 |
| Total Funds Carried Forward | 77,751 | 63,708 |
P R Centre Limited Balance Sheet
As at 30 April 2024
| Note Fixed assets: Tangible assets Total Fixed Assets Current assets: Debtors Cash and cash equivalents 6 Other debtors 5 Total Current Assets Liabilities: Creditors falling due within one year 7 Total Creditors: amounts falling due within one year Net current assets (liabilities) Total assets less current liabilities Total net assets (liabilities) The funds of the charity Brought forward 8 Retained earnings Surplus / (Deficit) Total charity funds |
2024 2023 - - |
|---|---|
| - - - - 58,835 58,835 21,713 7,000 |
|
| 80,548 65,835 2,797 2,127 |
|
| 2,797 2,127 77,751 63,708 77,751 63,708 77,751 63,708 63,708 57,522 - - 14,043 6,186 |
|
| 77,751 63,708 |
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime.
Approved by the board on 28 January 2026
Siddiqullah Saleem Trustee Company Registration No. 07235485 Charity Registration No. 1138350
P R Centre Limited Statement of Cash Flows
For the year ended 30 April 2024
| Note Cash flows from operating activities: Net income / (expenditure) (Increase)/decrease in debtors Increase/(decrease) in creditors Net cash provided by operating activities Cash flows from investing activities: Net cash provided by investing activities Cash flows from financing activities: Opening Balance Equity Net cash provided by financing activities Net cash increase for period Cash at end of period |
2024 2023 14,043 6,186 (14,713) (7,000) 670 814 - - - - - - |
|---|---|
| - - | |
| - - | |
| 58,835 58,835 |
Note to the Statement of Cash Flows
During the year, the P R Centre Limited’s main bank account remained inaccessible following a change of trustees.
All donations and expenditure were managed through temporary third-party arrangements wherein the trustees retained oversight and control over all funds held in third-party accounts, and the balances represent charitable funds held on trust for the charity.
As a result, there were no actual cash movements in the charity’s own bank account during the year.
The cash and cash equivalents balance at the start and end of the year therefore remained unchanged at £58,835.
Notes to Financial Statements
1. Accounting Policies
a) Basis of preparation
These accounts have been prepared on a going concern basis under the historical cost convention. The trustees expect the charity to be able to settle its outstanding invoices, bills, and other commitments as they fall due. The trustees therefore believe that the charity has adequate resources to continue in operational existence for the foreseeable future.
The accounts have been prepared in accordance with:
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The Companies Act 2006
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Financial Reporting Standard 102 (FRS 102)
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The Charities SORP (FRS 102)
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The Charities Act 2011.
b) Fund accounting
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All funds are classified as unrestricted.
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Unrestricted funds are available for use at the discretion of the trustees in furtherance of the charity’s general charitable objectives.
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The charity did not hold any restricted or endowment funds during the year.
c) Income recognition
Income is recognised when:
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The charity is entitled to the income
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It is probable that the income will be received
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The amount can be measured reliably.
d) Expenditure recognition
Expenditure is accounted for on an accruals basis and allocated entirely to charitable activities.
e) Tangible fixed assets
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The charity held no tangible fixed assets during the year.
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Expenditure on equipment and similar items below £500 is written off in the year of purchase.
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Tangible fixed assets costing £500 or more are capitalised and depreciated on a straight-line basis over their estimated useful lives, which are normally five (5) years.
f) Debtors and Creditors
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Debtors and creditors are recognised at the settlement amount due or payable.
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Amounts due from or to related parties are disclosed separately where material.
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During the year, the charity’s primary bank account was still inaccessible.
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Transactions during the year were managed through third-party accounts controlled by the trustees and are reflected in debtors and creditors accordingly.
g) Functional and Presentation Currency
All amounts in these financial statements are presented in UK Pounds Sterling (£), which is the functional and presentation currency of the charity.
2. Income
| Source Individual Contributions Total Income |
2024 2023 43,316 7,000 |
|---|---|
| 43,316 7,000 |
3. Analysis of Expenditure on Charitable Activities
| Expenditure Rent/Lease expenses Rates Software Repairs & maintenance Bank charges Sundry expenses Accountancy fee Total Expenditure |
2024 2023 16,175 – 10,126 – 187 – 1,159 – – 103 957 – 670 711 |
|---|---|
| 29,273 814 |
4. Net Income/(Expenditure)
| 2024 | 2023 | |
|---|---|---|
| Net income | 14,043 | 6,186 |
| . Debtors | ||
| Description | 2024 | 2023 |
| Other debtors | 21,713 | 7,000 |
5. Debtors
The balance comprises donations receivable that were collected through alternative bank account while pending restoration of full banking access.
All amounts are expected to be recovered in full once bank access is restored or new bank account has been set up.
6. Cash and cash equivalents
| Description | 2024 | 2023 | |
|---|---|---|---|
| Cash in Bank | 58,835 | 58,835 | |
| Total | 58,835 | 58,835 | |
| . Creditors | |||
| Description | 2024 | 2023 | |
| Creditors falling due within one year | 2,797 | 2,127 |
|
| . Funds Reconciliation | |||
| 2024 | 2023 | ||
| Brought forward | 63,708 | 57,522 | |
| Movement | 14,043 | 6,186 | |
| Carry forward | 77,751 | 63,708 |
7. Creditors
8. Funds Reconciliation
9. Trustees and Related Party Transactions
No trustee received remuneration or was reimbursed for expenses during the period. There were no related party transactions during the period and no balances outstanding with related parties at the period end.
Independent Examiner’s Report
Independent Examiner’s Report to the Trustees of P R Centre Ltd For the year ended 30 April 2024
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the Companies Act of 2006, Financial Reporting Standard 102, The Charities SORP, and Charities Act 2011.
As the charity’s gross income for the year was £33,697, the trustees consider that the charity is eligible for independent examination and is not required to have an audit under section 144(2) of the Charities Act 2011.
It is my responsibility to:
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Examine the accounts under section 145 of the Charities Act 2011;
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Follow the procedures laid down in the Charity Commission’s guidance CC32; and
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State whether particular matters have come to my attention.
Independent Examiner’s Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that in any material respect:
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Accounting records were not kept in accordance with section 130 of the Charities Act 2011; or
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The accounts do not accord with those records; or
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The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities Act 2011.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report.
Use of this report
This report is made solely to the charity’s trustees, as a body, in accordance with the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state in an independent examiner’s report and for no other purpose.
Independent Examiner Details
Name: Ariel Gerard Hernandez
Relevant knowledge and experience: Experience in charity accounts and bookkeeping Firm: City Heights Accounting Services Ltd
Address: Suite 4, Unimix House, Park Royal, London, NW10 7TR
Signature: Date: 29 January 2026