CHARITY NUMBER: 1148544
THE KURDISH ISLAMIC AND CULTURAL CENTRE
REPORT AND ACCOUNTS
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
Akademi Accountancy 500 White Hart Lane Tottenham London N17 7NA
020 88344 7700
THE KURDISH ISLAMIC AND CULTURAL ASSOCIATION
| CONTENTS | PAGE |
|---|---|
| Legal and Administrative Information | 1 |
| Management Committee Report | 2 |
| Balance Sheet | 3 |
| Statement of Financial Activities | 4 |
| Notes to the Financial Statements | 5-6 |
| Detatiled Income and Expenditure Accounts | 7 |
| Accountants Report | 8 |
THE KURDISH ISLAMIC AND CULTURAL ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Management Commitee Members JAN SIPAN ABDUL SAHIN BAHRI CELALLETIN ERDOGAN ERHAN CELIK HASAN MERIC MEHMET SABRI BARAKILIC REMZI TOP SULEYMAN COSKUN ELHAM GUNES Administrative Office: 20 Glendish road London N17 9XT Charity Registration Number: 1148544 Accountants: Akademi Accountancy 500 White Hart Lane Tottenham London N17 7NA 020 88344 7700
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THE KURDISH ISLAMIC AND CULTURAL ASSOCIATION
THE MANAGEMENT COMMITTEE REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Management Committee present their report together with the financial statements for the period ended 31 March 2024.
Principal Activities
The organisation is a registered charity established for the advancement of education and cultures of the Turkish and the Kurdish communities in the UK
Results
Total Income in the year amounted to £73,215 with total expenditure amounting to £33,490 leaving funds in the year of £ 39,725
Management Committee
The Management Committee is set out on the company information page.
Satement of Management Committees' Responsibilities
The standard accountancy policy requires the Management Committee to prepare financial statements for each year, which give a true and fair view of the state of affairs and of the surplus or deficit for that period in preparing these financial statements the Management Committee are required to:
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Select suitable accounting policies and then apply them consistently,
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Make adjustments that are reasonable and prudent,
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Prepare the financial statements on going concerns basis.
The Management Committee are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the organisation. They are also responsible for safeguarding the assets of the organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approval
This report was approved by the Management Committee and signed on its' behalf .
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Date: 21/01/2025
Chair
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THE KURDISH ISLAMIC AND CULTURAL ASSOCIATION BALANCE SHEET AS AT 31 MARCH 2024
| 2024 NOTES £ FIXED ASSETS Tangible Fixed Assets 2 0 CURRENT ASSETS Cash at bank and in hand 6,534 Other Creditors Other Creditors 0 TOTAL NET ASSETS 6,534 FUNDED BY: Cumulated surplus/Deficit at 01 April 2020 354 Fund Balance B/F 6,180 TOTAL FUNDS C/F 6,534 |
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Approved by the Management Committee and signed on its' behalf.
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Date: 21/01/2025
Chair
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THE KURDISH ISLAMIC AND CULTURAL ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Funds £ NOTES INCOMING RESOURCES Grants 3 - Subscription and Donations 73,215 Fundraising - Interest 0 TOTAL INCOMING RESOURCES 73,215 Direct Charitable Expenditure 4 33,490 Management and Administration 5 0 TOTAL RESOURCES EXPENDED 33,490 NET INCOMING RESOURCES/ 39,725 (RESOURCES EXPENDED) TOTAL FUNDS B/F 0 TOTAL FUNDS C/F 39,725 |
Restricted Funds £ - - - - 0 0 - 0 - 0 0 |
Total 2024 £ 0 73,215 0 0 73,215 33,490 0 33,490 39,725 0 0 |
|---|---|---|
There were no recognised gains or losses for 2023 or 2024 other than those in the Statement of Financial Activities.
The attached notes form part of these financial statements
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THE KURDISH ISLAMIC AND CULTURAL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1. 1 ACCOUNTING POLICIES
The financial statements are prepared under the historic cost convention and include the results of the chaities operations which are described in the Trustees Report and all of which are continuing.
The Financial Statements have been prepared in accordance with the statements of Recommended Practice for Charity Accounts.
The charity has taken advantage of the exemption in Financial Standard NO.1 from the requirement to produce a cashflow statement.
1. 2 INCOME
Sundry incomes are accounted for as received by the organisation. All other income is accounted for in an accruals basis. No permanent endowments have been received in the year.
1.3 VALUE ADDED TAX
Value Added Tax is not recoverable by the organisation, and as such is included in the relevent costs in the Statement of Financial Activitivities.
1.4 MANAGEMENT AND ADMINISTRATION EXPENDITURE
Expenditure on management and administration of the organisation includes all expenditure not directly related to the charitable activity or fund-raising ventures. This includes office running costs and accountancy fees.
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THE KURDISH ISLAMIC AND CULTURAL ASSOCIATION
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024
| INCOME DONATIONS FUNDRAISING SUBSCRIPTION AND DONATIONS INTEREST EXPENDITURE Legal Professional EXCESS INCOME OVER EXPENDITURE |
£ 354 0 0 0 0 |
£ 354 0 354 |
|---|---|---|
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THE KURDISH ISLAMIC AND CULTURAL ASSOCIATION
ACCOUNTANTS REPORT on the unaudited accounts to the directors/trustees of The Kurdish Islamic and Cultural Association
FOR THE YEAR ENDED 31 MARCH 2024
As described on the Balance Sheet you are responsible for the preparation of the accounts for the year ended 31 March 2024 set out on pages 2 and you consider that the company is exempt from an audit and reports under section 477(2) of the Companies Act 2006.
In accordance with instruction given to us, we have complied these unaudited accounts in order to assist you to fulfil your statuary responsibilities, from accounting records and information and explanations supplied to us, we report that they are in accordance with therewith.
Date: 21/01/2025
Akademi Accountancy 59-60 The Market Square Edmonton London N9 0TZ
020 88344 7700
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