Registered Nimber. 07355735 ( EnglaTrd and Wales) NAWRACY CULTURAL CENTRE (LIMITED BY GUARANTEE) Ch*rrty No: 1149256 AMENDED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2(120
NAWRACY CULTURAL CENTRE (REGisfERED NUMBEIL. 07355735) (LIMITED BY GUARAiwfEE) INDEX TO THE FINANCIAL STATEMENTS FOR.THE YEAR ENDED 31 DECEMBER 2020 Lwl and admlTris¢rlive Informatkn Report of the Dlrethn and Trnsl¢e5 ladependent Eymiuers' Rewtrrt Ststement ofFlnllcll A¢¢lvltles B4lance Shee¢ Nots8 to the Floan¢lal Ststsm¢•t*
NAWRACY CULTURAL CENTRAL (REGISTERED NUMBER: 0735573S) LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2020 Incorp)ration England & Wales Charity number 1149256 Company number 7355735{England and Wales) Directors Mr FcrnwTr Sulcvani Mr Ali Omar Mr Gaffor Sadiq Omer Mr Karwan Latif Ra R¢gistered OtTice The Mulberry Tree 5 Woodbridge Road Ipswich. IP4 2EA Trustees Mr Feman Sulevani Mr Ali Om Mr Gaffor Sadiq Omer Mr Karwan Latif R470 Independent Examiner Allenby Accountants Chartered Accountants 35 Sweetcroft ine Hillingdon UB109LE BanketS HSBC 24 St Ann's Square Manchester M2 7HD Page 1
NAWRACY clTulL4L CENTRE (REGISTERED NtFMBEIL. Q7355735) ILIMITED BY GVARANTE&) REPORT OF THE DIRECTORS AND TRIISTEES FOR THE YEAR ENDED 31 DECEMBER 2020 The tNsie¢s prtsdtt the [¢5 the fmancia] Sts[emts for 31a Decemiw 2020. whidL they eortfimi L¥Jmply with curT¢ni siawtory requ][Ell tl rtquir¢ns ¢lwty5govenJin8 thjMl (its Arttcle of Associ4tioThl and th¢ reqUetne1?tr0f SORP FRS IO2. PAnelpg1 Aellvllks Polbcks awl ObJt¢dv To &lvwJce and pry tr reli ofts] pJbli¢ bcnEfJL the ¢duu¢ion of the public in all &peets ofthc Kurdish languagq hIY trJ •JM¢¢ orw8[Kk in throvEh njnning a suppl¢JJ>w se11 8nd pY¢veni OT T¢li¢ve wvcrty )ryYhl1e iti the worfd and Wpr0En¢ ftr the btnejli ofthe Lnhabitwtsof the provisi of f1]IC$ fLYTetreation Dr other leiswe lime o¢cyWl ofindividllab who hav¢ n¢¢d ofsudj farJJilies by ren oftrtr y(KEth. IBe. infmnity OT disability. fin)ci hMdship d t¢(ty¢ ¢1rcwn (¥ rthePi¢ Iwgc in fv urttEtsts of8Md welfaTe and with thc obj¢th of wJprtivin8 their L)ndiiiuYJ of life. Subj¢d io¢vtyy day ¢urteni rCqUMr all rotyLi¥ beld bank or(thTWty¢ ÉtiSted 8te availabk for£ltaril•bk purpose8 in occorthce the objccts and poli¢itt ofthe tutwy * the di%rrti( ofthe suth &$ OTganisin8 publi¢ social and cducalnal ¢v¢nt& wtiinots d8thngs, &livffin8 lsJami¢ f(Y pylAi¢ benefits on wwkely b&4is, fafftilylwp PiLi¢S, cwin8S 4vhl dll>xw bI]e L%lthtiotM of Kurthsh +2thw¥l •rtd bknic fexivth th¢ yw. Gov¢rnlv8 DoruNt#t Ih¢ Clwi'ty 1$ i C(mPY linttrd by 8uaranw¢8O%trttd by tts M¢rtkrn&Arn & ArtKleSofAsfttIrn. The liability of the mttnbers i5 limid 10 a sum nL cx¢¢edin8 £10. iti tTr¢e of Ms . Oryattisilohal Structh The trustees rtsponsibl¢ f¢¥ the CLNrtro] and ofthe ChaTity. ThE 8i%t their lime fTeely and r¢ccive no rununeTiTh) or tnefits. The Twusms fm bws to mlkc d¢tisi(xu l¢Wth¢ ad¥vitiU of the Chwity. R¢vl¢w of FMiuYt D¢veptlI The charity has ntind ¢0 Its regufllriViti indudir (x8anisin8s0ci ¢v¢nts,8atherin and seminfjrs for the Kurdith tommut)ity includin8 ¢ekbwJuth of tulttwal religicw festiv•ls in fitrthermg obJKts forpublic bMefii.The day.10.dJ)' runnin8 ¢0s1s of the or80ni110n has be k¢w absc4trte minim. All of Ihe Thks of th¢ Ch8rii).ha b¢ett und¢rt¥ken by Ili¢ Jsiees and othe¥ voluny$ ¢(8t.Incomin8 ye4rtow•rds re5tridrd aaiwty wer¢ w 8ood Chwty h rw)rJed a totsi suyplus of£21,761 Yeert 31 De<¢mbcr2020. Durin8 the yeBf. trus¢e¢5 undertth majcrWk pnw rebxbiskn14ThJ S1 Ln totsl £15,301. INTh¢n pi4tthkn8 (Vll xtiviiies th¢truJu ¢lMk8ideIth¢ ChrriryCffibnissiffl¥ ld0ce4 wblie bttfiL Rtsults The results th¢ p¢riod Mt set our aj 5 To I l. Dlyectors ¢ry¥¢VI All dir¢£iors ofthe company wt a1soiru5l of th tkniry I1 Ih¢r¢ ¢TK¥ ¢ts fotiow1WCre Iruste¢s of the compafty durin8 the wtholt rm¢181 pcri(Kl- Mr Ferman SuJev8Tri Mr Ali Omar Mr Gaffor Sadtq Omer Mr Karwan LalifRa P•38 2
FOR ThEYEAR ENDEDJI DECEMBD112020 (e••L) Report•lTrwtw (eoDL) Major Rtskg tisks twlarty at thEir meetiD8s oDd have t iilrntifiol w mo1)rrukn ts) clwttsbk o)waoyl¥, Rupouibllltlm of Trust AcceptlAc&%lltsIlllg PMlitx}FRS 101
dj fmaTJGial7¢trThltithw¢•trtruDd&iTViEwDfth¢ * Ufth•¥s oftheCh<y ofthein¢omi
T¢mtyceJ and 11¢011 ofTUOUrn ofthe Ctiwiiy for tperIOd. En yepwing these Flnattclal StBiement¥, the Tru$te¢s or¢ requiTtd : selert sultybkaLxxMmtywlkleg ond 4¥tythw dis¢losa and explaittd tn th¢ fitwKial the Charfty will coniinue in opuatioiL the fvDMYC?aJ royitson ofthc cl]1]¢ wmr•Dy and kn eJble than W ULw2reth• the fittatt¢ial eompty with the CoTrp8DIesAL126.thtaItIAcl2O5I afidtht Cknxty (Aewunts and Reporu) ofthe thari&ble axlhrJKe for lakin8Ttwnable S14 forthe prevenOll ddrx"¢ion of fTJ))d )nd oth¢t inE8ulariti¢& ¥lute¢I$. Apprml DllcuSpJnvJbr.
INDEPENDErrt EXAMINERS REIPORT TO THE TRUSTELS OF ILlmED BY CUARAfiiTE) OftP•8e$5to 11. that an awjii is not nWiT¢d for this year wJ(kr section 14412) of thB Clwities A¢t 2011 (the 2011 Act> and Ind¢Fud¢ txamiln is n¢¢ded. li ks my r¢4wibility to.. . ¢xamine the awjunts sK¢ion 145 of 2011 A ". to fc+llow the ¢knryJ in th¢Crt¥ral Dirediom glwi by thè CIMTity Commls5ion under sedion 145{SXb) of the 2011 Act aThl - fo th wtther wticul•r m&tt¢rs haK ¢ottK ts) w •lt¢ntio My examinination eWrI In wlth DIr¢¢t1 gi by the Ch6rfty Comrnission. An exam1r10 im¢lud# a r¢vi¢w ot the ¥couThtin8 by the cbority and rnrArison of the ¥Munts ryu¢nled wlth Yxonl& It 90 in¢lth ¢on$id##ion of w unusual )lems or (tiycjoswm irj seekiTrg exPl10m you as mlstees ¢on¢ernlftg any yuth matten. Tr PrEdl )thdErtsktn do M wide 811 the ¢vldBnc¢ th•t would be Ttqulred in •) audiL constq)J¢nlty no oplnion h 86ven Js io whetru tr¢ ateounts wsent & ITue and f1 view ond the keep accotsntirt8 reclxds in Irde with Sett 380 of the Compini# Act 2006 and tion 130 of the Ch3rilies Aet 2011; and IrPTewe wthlch ll01d with th¢ a¢¢owrtlng ffcord5 8TKI clPIY wlth the a¢eAxuttioq Ye4uiTtme)M ofth¢ 2011 Ad: h8w¢ not be rner or SA SONIA CVPTA ALLENBY ACCOUNTANTS CharieredAtto¥nthts 35 Sweduoft Lpn¢ Hillin8don UBIO 9LE Datr &9 /.,/&oai
NAWRACY CUI.TtIRAI, CEKfRE (REGisfERED NiIMBER: 073551351 ILl4ItTED BY GITAK4TrUEEI STATEmT OF FINANCIAL ACTP+qTIES FOR TUE YEARE.DED 31 DECEMBER 2020 RESTRICTED UNRLSTRicfED Fi,FiDS FVThDS TOTAL FUNIVS 2020 TOTAL FVNDS 20 INCOME RESOURCES Volunlry illcome: Donations wfts 710 26.325 27,035 ,213 710 26J2J 27WJ5 23313 RESOIIRCES EXPKNDED ChwrftAbl• •Xp¢n.. Dittei Lhariiabl¢ ¢xp¢ndi¢uie Mw)ug¢trtht adminirnli¢ai ofthe eharity 5274 5.274 4,437 Tot resou ¢¥p¢tyd¢d 5.274 74 N¢t Ix¢omlni Ttsour¢¢s before trallgf¢r 710 21,761 776 Tranert bttwten fun Other rt¢oKttl¥d Ind lou Ne¢ movement In 710 21.051 21.761 18,776 Rtcontlll8ibon of fyndi lunds bTOU8hi fonwd $06.545 361 488130 Tothl urrkd forr4ard 21.412 328h67 71re wtle re¢wiS¢dsuj ty d¢fiul fw20J9(thr lkn thin¢J1 iti thtswenxrt ofFmwJciaF Auivrrits ThE on P•Be¥ 7 to I I f( port of thc fAKuI¥. Py5
NAWIL4CY CULTURAL cErRE (REGISTERED NiJMBER: 07355735) (LIMITED BY GuARAEEl BALANCE SHEET AS AT 31 DECEMBER 21120 Notes 2020 2019 FIXED ASSETS Tangible Assets 589,0 573,682 CURREpif ASSETS C18h at bwjk and in hand 11,030 11,730 11.030 585.412 CREDITORS: Amoxnts f•lllAi d1• Within one ytr.- Crditors {71.4(ts) {78,505) CREDITORS: amounts failin8 du¢aft¢r one year:. Charitable {71.41) 178,5051 IYET CURRENT ASSETSIILIABILITIESI 1611,376} 166,7751 TOTAL NET ASSETS 328.667 506.906 RF.PRF_SF.NTF.D BY Totsl Fund%. Brought Forward Net Rcsourccs In Year 506.906 21.761 488,830 18.076 RESERVES CARRIED FORWARD 528.667 506.906 Th¢ ¢h8riry is entsiled io ¢xempiion from 8udit under Section 477 of the Comp£nies A¢t 2006 for the year ¢nd¢d 31 D¢¢ember 2020. The m¢mber5 hAve not requiT¢d the chArithbl¢ ¢ompan)" to obtwn an wditof 11$ financtal statements for theycar cnded 31 D¢¢ember 2020 in accordunce with Section 476 of the Companies A¢¢ 211. The trustees {direc¢ors} a¢ktN)wl¢d8¢ 1r r¢sFonsibiliiies for.. (al cnsuFJng(hai thc wvjpwny kr¢ps rc¢{ whl¢h ¢omply wlth Jafj 387 ufth¢ Coiiipttnl¢J AL¢ {bl preparing financid stslcments which wve a and fair view of the of affairs of the chwiiable ¢omppny 0$ at th¢ ¢nd of ¢ath financial year and of its $urplus or dcficii for finall¢iaJ yegr in acwrd8n¢e with the requirements ofscciion 394 and 395 nd whi¢h otherwi$¢ ¢omply with r¢qLuremcrts of the Compattics Ad 2006 rel]ng to financial $iatement& BO far as appli¢abl¢ to the Charithbl¢ wmpany. These fjnanciat Statemtnts havc been PTtpmJ in a¢conJance with the special provisions of Parf IS of the Comp8nie5 Act 2006 relating to small ¢haril8ble ¢omkMnies 're8lln¢' 8rMI in cOrdanCe with the Financi Rep)rting Siartdltrd for Smaller EntitLCS (effective Aprtl 20081. The financial statcm¢nts We aPpr(jdbY the trleeS of the Charity on 29/09/ 2021 and were SgFdby: BEHALF OF THE BOARD TTitstee The at(8d*d NO( f¢m an intewj wt ofthtse xcoun Pa8e 6
NAWRACY CULTURAL CEpffliEGlSTERED NUMBER: 07355735) (LIMITED BY CUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 ACCOUNTING POLICILS Basis of preration of #eeounts The financial $thi¢m¢nts have been prepared on the ac5 b&sis under the historical cost convention and irt ordance with Financial Reporting Standard FRS 102, the Acwwiting and Reporting by Charities Ststemeni of Re¢ommended Prdctice ISORP) 2005, The Charities (Accounts and Reports) Regulglions 2008, the Accounting Stsndards and in ac¢ordane¢ with Charities Act 2011. SORP (FRS 102). The principal frtounting policies adopted in the preparation of the fmancial ststements are as follows.. 1.2 Golnff concern The TnLstees consider that there are no matertal uncerknties about the tNsVs ability to tIrtUe as a going ¢onc¢m. IJ Eff¢¢t of FRS 102 No adjustments were required to ¢omp8Wtve $th¢ent of finan¢tal 4¢lTYity4nd rewv¢s. No restatement has bten perroryn. 1.4 ID¢omlDg regources Volunlttry Income Income frorn donat10Tr5 and including capitsl 8ranl4 1$ included in incoming resources when the9e are receivable, except a5 follow5.. When donors spe¢ify donOn$ and grants 8tven to the charity must be used in firture accounting periods. the incorne is deferred uniil those periods. When donors impose conditions which have been to be fijlfilled before the ¢h8rÉty be¢omes eDlitl¢d to use such income, the income is deftrred ond not included in incoming Qu¢S until pre- conditions for use have been m¢L When donor5 $p#ify that donations and grants, including capital grants, are for particular restricted purposes, which do not amount lo pre-¢ondiiions regardiftg entitlemeftts. irt¢ome 15 1ftclud in in¢omin8 resources of restricted ndS when receivable. 1.5 Resources expended Resources expended are iCded tn the Ststement of Financial Activities on an accruals basis, it)clysive of any VAT whi¢h ¢annot b¢ re¢ov¢red.Expd¢Ddiliir¢ Is ¢lassified under the principal categories of Charitable and costs of generating fvnds rather than the types of expense in order to provide more u5efyl Énfomation to U5er5 of the financial statemeDts. Direct A5Si5tance- Expenditure on the direct objectives of the company. Adrnini5tration- Expenditure on the administration of the Charity this inrlud¢s general fictIonS such as generel nmnagemeni. admtllistration and accounttng Costs are allocated acniss the cthgories of charitba]e expenditure. governance costs and the costs of generating fid5. Page 7
NAWRACY CULTURAL CENTRE(REGISTERED NUMBER: 07355735) (LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL ATEmENTs FOR THE YEAR ENDED 31 DECEMBER 2020 (tonL.) 1.6 conY Ststys The company is limited by gurantrss and hence h&8 no 5hwe capitsl. The PUTpose of the charity is to 1Van¢t the Culthral ¢ducioffj ond promote religiou5 a¢tivites. 1.7 Debtorg: Debtors are measured at tsunwti price and are r¢¢overable within one yw. 1.8 C$h ¢qnlv*lents: C&%h is representrA by cath in hand and deposits with the fin•ft¢ial institutions rwbAle without pty ott ttotKÈ. 1.9 Fund StTUCture Polley Restricted fvrtds can only be used for particulor PUTP)se5 within the objects of th¢ Clwity. end restridion ari%s when specified by the donor or when funds are rniwj for particular r¢stricted purposes ihi$ year Restricied funds constitute donations received from Community manb¢rs for the pur¢has¢ of18nd and building less relaied eXnditure. all other funds are uftr¢strALx&I which can be used in acrdantt wrth the Charitbai objective5 Ut the discretion of the tru51¢es. 1.10 Credltors Ind Chari¢#bl¢ Loans: Creditors and Charithbl¢ loans we measured at trnnwtion price. 1.1 I Property: Laftd and building v&luH art showTh sepaT&tely both ore rectssttiwl at cosL PTopeTty w&s purchased on 0210312018 with fteehold title. Durin8 ihe year major T¢fvrbishmeni work wa5 ¢•rrie out and is r¢¢o8nised at cost in balence sheeL Land v8lu¢ does not depreciate. ATLd buildin8 is not depr¢¢iated yrf due to major refud)ishm¢nt work was undertakert to maintain the property.Tru$tees expects very long usefiJl economic life of land and buildin8 tosether. How¢v¢r. trustees will feview th¢ depreciation poli¢y every year consid¢rin8 the usage and wear tear and repair and renovation plans in place. Note 6 shows the op¢rnin8 &nd closing WFn8 valu¢ of th¢ property. Page 8
NAWRACY CULTURAL CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 202 2 Dirert ChArltsbl¢ Expendi¢ure Res¢ricttyJ FuDds Unrtstrl¢t¢d Funds TOTAL TOTAL Cost of generattng voluntary income 3 ManoR¢mettt •ttd AdmlDl$trtlon ofthe Cbrlty Administraiion fees Bank charges and interest Accountancy fees Premises Costs Adv¢rtising & promotion Professional fees Sundry expenses 83 900 4278 70 1.500 3.507 4278 13 13 SJ74 5374 5,137 4 Taxatlon The Companys aclivities charitsble in nawre and 8$ such the trustees believe no ¢harge to UK Corporation tax arises because Éi IS ¢x¢mpt from Corporation tax (2020- Nil) 3 Ethploye The charitsble company had no employees during the period other than the trustees. None of th¢ trustees received any remuneraticffi or eXpeTh reimburesed durin8 the period. P9
NAWRACY CULTURAL CENTRE NOTES TO THE FINANCIAL STATEME YEAR ENDED 31 DECEMBER 21)20 TANGIBLE FIXED ASSETS LAND TOTAL COST Land value as at l January 2020 Building value as at 01 January 2020 Additions to the building * cost 328.993 244,689 15,361 328,993 244,689 15,361 Ai 3 1st December 2020 589,043 589,043 DEPRECIATION At l January 2020 Charge for year Eliminiation on disposal At 3 1st December 2020 At 3 1st De¢ember 2020 589,043 589,043 At 31st December 2019 373.682 573.682 CREDITORS: amoullt falllng due wlthlfj ODe yur 202 019 Bartk ¢h8rges Ac¢rua15 and other crediiors 2,400 800 Charitbal¢ Loans 69.000 77,000 71.406 77.806 CREDITORS: *mount f•lli#g due •fter ont year 2019 Charitba]e Loans Page 10
NAWRACY CULTURAL CENTRE NOTES TO THE FINANCIAL STATEME YEAR ENDED 31 DECEMBER 2020 9 RECONCILIATION OF MOVEMENf IN FUNDS (RESTRICTED AND uf4REsfRicfED FUNDS) 1120 Opening Unrestrictcd. Funds ai Olst January 2020 oning restri¢d' Funds at Olst JaTruary 2020 SurplusllDeficiil for the period 361 5(t6.545 21.761 2,886 485,944 18.076 Closing Total Funds at 313t Decemb¢r2020 528th67 5D6.906 10 SHARE CAPITAL Th¢ ch8rithbl¢ company has rKJ sh&e wital and 1$ limited by guaTaDiee. 11 CONTROL The charitable company is limityj by 8uorant¢e and is therefore ulittnty contmlled by the members as a body. Pagell