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2023-03-31-accounts

A CLASS TUTORS

Charity Incorporated Organisation (C.I.O)

Financial Statements

For the period ended

31[st] March 2023

Registered Charity No: 1153462

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A CLASS TUTORS

Year Ended 31[st] March 2023

Principal address:

46 Barbot Close Lower Edmonton London N9 9XW

Trustees and Committee Members:

Ms Ramla Abdi Farah Beng Mrs Siria Alam Ba Ms Latifa Louizi

Governing document

The organisation is operated under the rules of its constitution.

Bankers:

TSB

Independent Examiner

TACTS Accountant 61 Fountains Crescent London, N14 6BD

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A CLASS TUTORS

FINANCIAL ACCOUNTS

FOR YEAR ENDED 31[ST] MARCH 2023

CONTENTS

Pages

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A CLASS TUTORS

Year Ended 31[st] March 2023

Annual Report

The trustees are pleased to present their annual directors’ report for the year ending 31[st] March 2023 which are also prepared to meet the requirements for a trustees’ report and accounts Charities Act purposes.

The financial statements comply with the Charities Act 2011, the constitution, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

Structure, Governance and management

A Class Tutors is a charitable Incorporated Organisation (CIO), registered with the Charity Commission and governed by its constitution, dated 19[th] August 2013.

Membership of the CIO is open to anyone who is interested in furthering its purposes and, who by applying for membership, has indicated agreement to become a member and accept the duties of membership. If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.

The affairs of the charity are managed on a day-to-day basis by the trustees, who may exercise all the powers of the CIO.

The trustees of served during the year are shown on page 2 of this report.

Appointment of Trustees

In accordance with the terms of the constitution, there must be at least three charity trustees. If the number falls below the minimum, the remaining trustees can act only to call a meeting of the trustees or appoint a new trustee.

The maximum number of charity trustees is 12. The charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum.

Trustees are appointed at the Annual general Meeting by a decision of the members.

Each new trustee is given a copy of the constitution and the latest trustees’ annual report and accounts, on or before appointment.

Our volunteers

A Class Tutors is very involved in the community and relies on voluntary help. Around 2 volunteers assist with our on-going activities. We wish to thank our volunteers for their loyal support and contribution.

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Risk management

The trustees have a risk management strategy which comprises:

● an annual review of the principal risks and uncertainties that the charity undertake.

● the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise.

The Trustees constantly review risks relevant to the charity. Any risks identified are reported to the Trustees and decisions made on how to minimise risk.

Reserves policy and going concern

The Board has assessed the charity’s requirements for reserves in the light of the main risks to the organisation. As a result, the Board has approved a policy whereby the unrestricted funds not committed, should be held in reserve and maintained at a level which ensures that A Class Tutor’s core activity could continue during a period of unforeseen difficulty. The target reserve amount represents at least 3 months’ (12 weeks) expenditure and will be reviewed annually.

At the moment the charity has not been able to match the above reserve but has plan in place to save unrestricted funds every year in order to meet its targeted reserve

Organisational objectives

To advance the academic educational achievement of primary and secondary school aged children through the provision of regular supplementary school classes, and to further enhance their learning capacity through the provision of parent support sessions and co-ordination of family event, which foster good family relationships. A Class Tutors provides lessons following the National Curriculum from key stages 1 through 4. We deliver creative and engaging lessons and strive to take into account our children’s diverse learning styles and implement this into the schools’ teaching techniques and style of delivery. Equip our children with the necessary skills to become independent and successful learners.

Trustees and their responsibilities

Charity trustees are the people who serve on the governing body of a charity. They may be known as trustees, directors, board members, governors or committee members. The principles and main duties are the same in all cases.

Trustees have, and must accept, ultimate responsibility for directing the affairs of a charity, and ensuring that it is solvent, well-run, and meeting the needs for which it has been set up.

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Annual Report

Achievements

A Class Tutors have continuously worked in partnership with parents, children and mainstream schools to feel empowered and able to support their children's development, and to reap the benefits as their children have achieved and become integrated.

A Class Tutors has helped children overcome weaknesses in their mainstream schools. We have become a source of information and resources and provided relief for individuals who feel misunderstood. Members of A Class Tutors have developed their understanding of sanctuary and migration and of the experiences of those from diverse cultural and ethnic groups. This has helped us achieve our aim of helping communities feel included in society and therefore less resentful of other communities.

We have now resumed normal activities after the pandemic.

Future Plan

The organisation will continue to income generate and fundraise to support its increasing demand for its services. We will continue to work in partnership with Tottenham Hotspur Foundation to deliver sports activities to young disadvantaged people from the deprived areas locally.

The Covid 19 pandemic has affected our activities in the following year which will be shown in our next year’s account. The charity is not expected to close as a result as we have been able to review our costs.

We would like to thank all volunteers and parents for their valuable support in achieving our goals and objectives for the year.

Signed on behalf of all members

Ms Ramla Abdi Farah Beng Chairperson Date: 20/02/2024

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Accountants’ report on the unaudited financial statements to the trustees of A Class Tutors.

As stated at the charity commission guidance, the trustees you are responsible for the preparation of the accounts for the year ended 31[st] March 2023, set out on pages 8 to 12 and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these accounts in order to fulfil your statutory responsibilities from the accounting records and information and explanation supplied to us.

TACTS Accountant Chartered Certified Accountant 61 Fountains Crescent London N14 6BD

Date: 20[th] February 2024

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A CLASS TUTORS A CLASS TUTORS A CLASS TUTORS
Receipt and Payment Account for the period ended 31st March 2023
Unrestricted
Funds
INCOMING RESOURCES
Income resources from generated funds
Fees and Contribution
18,533
Other Income
-
TOTAL INCOMING RESOURCES
18,533
RESOUCES EXPENDED
Charitable Expenditure
Salary Cost & Sessional Workers
10,509
Premises Costs
-
administration expenses
664
Advertising and promotion
1,601
Ofsted
156
Learning & activity materials
1,329
Pitch Hire
-
Photocopying and printing
2,085
Volunteer expenses
130
Consultancy & Professional fees
2,000
TOTAL RESOUCES EXPENDED
18,475
Net Incomings and (outgoings)
59
BALANCE BROUGHT FORWARD
1
TOTAL FUNDS AT 31 MAR 2023
60		 Restricted
Funds
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total
Funds
2023
18,533
-
18,533
10,509
-
664
1,601
156
1,329
-
2,085
130
2,000
18,475
59
1
60		 Total
Funds
2022
29,889
-
29,889
10,833
10,907
624
-
114
1,661
1,400
1,860
351
2,140
29,889
-
1
1

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A CLASS TUTORS

Statement of Assets & Liabilities as at 31[st] March 2023

----- Start of picture text -----
Monetary Assets Unrestricted Restricted Total Funds Total Funds
Funds Funds 2023 2022
£ £ £ £
Bank & Cash in Hand 60 0 60 1
----- End of picture text -----

Liabilities: Professional fee £ 300

The accounts were approved by the Committee Members on 20/02/2024 and signed on their behalf by: -

……………………….........

(CHAIRPERSON)

Ms Ramla Abdi Farah Beng

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A CLASS TUTORS

Year Ended 31[st] March 2023

Notes to the accounts

1. Accounting Basis

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). A Class Tutors meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

b) Preparation of the accounts on a going concern basis

The Charity trustees are of the view that measures taken in reviewing organisational costs regularly and successful in applying for continuation funding have secured the immediate future of the Charity for the next 12 to 18 months and that on this basis the charity is a going concern.

2. Cash Flow Statement

The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the charity is small.

3. Incoming resources

All incoming resources are included in the Receipts and Payments when the organisation is legally entitled to the income and the amount can be quantified with reasonable accuracy.

4. Resource Expendable

All expenditure is accounted for on a cash basis and has been included under expenses categories that aggregate all costs for allocation to activities.

5. Tangible fixed assets

The organisation has no fixed assets.

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6 . Analysis of Unrestricted Fund

Unrestricted fund was generated from fees and contribution and the current balance of £60 (£1 in 2021/2022) is carried forward into the next financial year. These are accumulated to enable the organisation to continue its activities in case of loss of funding and to cover cost which is not funded by funders but to meet our organisational objectives.

7. Restricted Fund

There is no restricted fund in this year.

8. Staff Cost

The charity does not employ any staff on payroll.

None of the employees received emoluments in excess of £60,000 in the year or the previous year.

Trustee are not remunerated.

9. Status

A Class Tutors is a registered Charitable Incorporated Organisation.

10. Support and Governance Cost

Allocation of support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, and governance costs, which support the Charity activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out below.

Administration expenses
Independent Examination
Total		 Support
664
-
**664 **		 Governance
-
300
300		 Total
664
300
**964 **

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