2024-01-31-accounts - Southwest London Tamil Kalvikoodam

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Company Registration Number - 06054372

The Charity Registration Number is :- 1154077

SOUTHWEST LONDON TAMIL KALVIKOODAM

Report and Accounts

31 January 2024

SOUTHWEST LONDON TAMIL KALVIKOODAM

Report and accounts for the year ended 31 January 2024

Contents
	Page
Charity Information	2 - 3
Report of the Directors/Trustees	4 - 9
Independent Examiner's Report	10 - 11
Statement of Financial Activities	12
Balance Sheet	13
Notes forming part of the financial statements	14 - 16
Detailed profit and loss account and Statement of financial activities	17

SOUTHWEST LONDON TAMIL KALVIKOODAM

Company Registration Number - 06054372

Trustees' Annual Report for the year ended 31 January 2024

The Trustees present their Report and Accounts for the year ended 31 January 2024, which also comprises the Directors' Report required by the Companies Act 2006.

Reference and administrative details

The charity name.

The legal name of the charity is:- SOUTHWEST LONDON TAMIL KALVIKOODAM

The charity is also known by its operating name, SOUTHWEST LONDON TAMIL KALVIKOODAM

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1154077

Legal structure of the charity

The charity is constituted as a company limited by guarantee, registered under the Companies Acts . The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.

The trustees are all individuals.

The principal operating address, telephone number, email and web addresses of the charity

are:-

162 Franciscan Road Tooting, London Surrey, SW17 8HH

The registered office of the charity for Companies Act purposes is the same as the operating address shown above.

SOUTHWEST LONDON TAMIL KALVIKOODAM

Company Registration Number - 06054372

Trustees' Annual Report for the year ended 31 January 2024

The Trustees in office on the date the report was approved were:-

Mr Muruguppillai Gnanavel Mrs Saratha Arunasalam

The following persons served as Trustees during the year ended 31 January 2024 :-

The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.

All the trustees are also members of the charity.

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

To advance the education of the general public in South West London and surrounding areas.

The main activities undertaken in relation to those purposes during the year.

Teaching of Tamil language, Hindu culture, Tamil dance, Tamil drama and literature and Carnatic musical instruments/vocal.

The main activities undertaken during the year to further the charity's purpose for the public benefit.

We make our school welcome to new students and parents, help the students succeed in their education and also integrate with the host community.

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.

SOUTHWEST LONDON TAMIL KALVIKOODAM

Company Registration Number - 06054372

Trustees' Annual Report for the year ended 31 January 2024

The main achievements and performance of the charity during the year.

ACHIEVEMENT AND PERFORMANCE

Our organisation carries a wide range of activities that help community and students in the area. Tamil school: As Tamil language is one of the oldest language in the world and 15th most language in the world, we have been providing Tamil language education for the last 13 years. Over 350 students regularly attend classes from Reception level to Level 12. We are very pleased that this programme continues to run successfully. Every year our students sit for an internationally recognised and worldwide Tamil exam and their pass rate is over 95%.

University of Cambridge International examinations - GCE Ordinary level Tamil language (Syllabus code: TAMIL 3206): Our students are being in class for a well - recognised Tamil exam to enable them to demonstrate Tamil language achievement on their Curriculum Vitae.

University of Cambridge International examinations - GCE Advanced level Tamil language (Syllabus code: TAMIL 9689): Our students are being in class for CIE GCS (AL) Tamil qualification. Helping students to gain more UCAS points and secure top universities by guiding them attain good results in exam. Furthermore, these achievements are helping our students to build -up their confidence in multi -lingual job market.

Support Classes: Maths, English, science classes: Helping students of all ages in Maths, English and Science subjects. SATs Exam preparations: Helping students with SATs exam preparation. Revision Classes for GCE (O/L), GCE (AS) and GCE (A/L).

Parent Classes:

English language Classes Information and Communication Technology classes (especially internet and e-mail classes). Instructive classes in each term start (How to teach at home and helping the children at home). Parents seminars in main stream studies - (Secondary school selection process, how to prepare students for GCE (O/L), GCE (AS), GCE (A/L) Exams and University selection process.

SOUTHWEST LONDON TAMIL KALVIKOODAM

Company Registration Number - 06054372

Trustees' Annual Report for the year ended 31 January 2024

Dance and Drama Classes: Due to restricted space only limited numbers of students are admitted to the lessons, students have taken recognised external exams at every stage and passed successfully

. Music classes: Students have been learning Asian vocal music and musical instruments and have taken external exams and passed successfully.

Violin classes: Limited numbers of students are admitted to the class and our students have taken recognised external exams at every stage and passed successfully.

KalaiVila (Annual Cultural Events) : Conducting an annual cultural event to allow students participation on stage in Music, Dance and Drama to boost their confidence.

The growth of the organisation is evident through the numbers but is officially credited. All examinations are regulated by Tamil Education Development Council (TEDC) which manages Tamil education systems in 14 countries with over 40,000 students, as well as providing regular teachers' training to our volunteers to ensure that there are no flaws in the education. The organisation continuously evaluates to ensure that areas for improvement are tackled head on to provide the best opportunity for the young children who attend the organisation.

Fundraising activities during the year.

The charity main sources of income are from small charge made for the teaching of Tamil and other classes.

The difference the charity's performance during the year has made to the beneficiaries of the charity.

In addition to this the examinations that are taken at A level provided the students with additional UCAS points to aid them as they progress into University

SOUTHWEST LONDON TAMIL KALVIKOODAM

Company Registration Number - 06054372

Trustees' Annual Report for the year ended 31 January 2024

Structure, governance and management of the charity

The methods used to recruit and appoint new charity trustees.

The management of the charity is the responsibility of the Trustees who are elected and co - opted under the terms of the Articles of Associatiation. The number of Trustees shall not be less than three but shall not be subject to any maximum. Additional Trustees can be appointed by recommendation of the existing Trustees or by standing for election at the Annual General Meetings (AGM).

The policies and procedures for the induction and training of trustees.

All new trustees, once elected, are inducted by the chair Trustee. All the new trustees are handed the governing documents and policies and procedures hand - outs. All the trustees are encouraged to attend regular training courses made available through the NCVO, LVSC and other local voluntary support bodies, as well as utilising online resources for Trustees.

The charity's organisational structure and decision making

The charity Trustees are responsible for the general control and management of the charity. Trustees give their time freely and receive no remuneration benefits.

The trustees meet together monthly and are responsible for all decision taken in relation to the running of the KaliviKoodam (Educational Centre ). To assist in smooth running of the charity, the trustees have set up a committee consisting of members overseeing educations, children needs, parents' needs, teachers, finance, health and safety, parents representatives, admin members, student representatives, elders and academics.

Financial review

The charity's financial position at the end of the year ended 31 January 2024

The financial position of the charity at 31 January 2024 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Total Funds Net income Unrestricted Revenue Funds available for the general purposes of the charity	2024 £ 1,606 42,962 42,962	2023 £ 3,004 42,962 42,962

SOUTHWEST LONDON TAMIL KALVIKOODAM

Company Registration Number - 06054372

Trustees' Annual Report for the year ended 31 January 2024

Financial review of the position at the reporting date, 31 January 2024 .

The Trustees have appointed External Accountants to review the accounts and advise on charity financial matters.

The board of trustees are satisfied with the performance of the charity during the year and the position at 31 January 2024 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.

Policies on reserves.

The Trustees are adopting a policy to hold four months' of operating costs in reserve from this year.

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund

Risk management and identification of risks

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. All the key areas of risk were addressed satisfactorily. Moving forward, there have been no areas of risk that have been highlighted however risk in key areas such as IT, finance and legal are continuously monitored and reviewed regularly by the trustees.

Principal funding sources in the year and how these support the key objectives of the charity.

The charity's main sources of income are from a small charge made for the teaching of Tamil and other classes and those income were used to provide education to general public in South West London and surrounding areas.

SOUTHWEST LONDON TAMIL KALVIKOODAM

Company Registration Number - 06054372

Trustees' Annual Report for the year ended 31 January 2024

Plans For the Future

Summary of plans for the future and the trustees' perspective of the future direction of the charity.

Currently significant amount of the charity's income are paid for Saturday half a day school hire. As we have over 350 children, we have been hiring an existing Primary school building for more than 11 years. There have been considerable encouragements from parents of our students that our charity should have our own facility where it can run classes for longer hours and week day evening classes and can also be used for community events.

As currently, we have no funds to implement this plan, we will be setting up a long- term plan to have our building soon. We are also interested in starting adult education for those adults looking to improve their skills and invest in technologies and set up a website for the charity.

Over the next three years, our goals are simple. To ensure that the organisation continues to run at a higher level with support of additional volunteers, more students to aid the future generation with better resources.

Details of The Independent Examiner

IYKONS LTD Chartered Certified Accountants 392 Ewell Road Surrey United Kingdom KT6 7BB

Statement of the Directors' and Trustees' Responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), .

SOUTHWEST LONDON TAMIL KALVIKOODAM

Company Registration Number - 06054372

Trustees' Annual Report for the year ended 31 January 2024

In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-

to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
select suitable accounting policies and apply them consistently;
make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

Method of preparation of accounts - Small company provisions

The financial statements are set out on pages 12 to 20.

The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016)

These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

This report was approved by the board of trustees on 25 September 2024.

M Gnanavel Director and Trustee

SOUTHWEST LONDON TAMIL KALVIKOODAM

Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 31 January 2024

I report to the Trustees on my examination of the financial statements of the charitable company on pages 12 to 20 for the year ended 31 January 2024 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 19.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 9, you, the charitable company's Trustees, who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

a) examine the financial statements of the charity under Section 145 of the Act;

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

SOUTHWEST LONDON TAMIL KALVIKOODAM

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

Independent Examiner's Statement, Report and Opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006;

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;

have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP).

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 in order to enable a proper understanding of the financial statements to be reached.

Signed:-

IYKONS LTD

Chartered Certified Accountants

392 Ewell Road Tolworth Surrey United Kingdom KT6 7BB

This report was signed on 25 September 2024

SOUTHWEST LONDON TAMIL KALVIKOODAM - Statement of Financial Activities for the year ended 31 January 2024

Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 January 2024, as required by the Companies Act 2006)

Income & Endowments from: Charitable activities 3 Total income A Expenditure on: Charitable activities Total expenditure Net income for the year Net income after transfers Other recognised gains/(losses) Reconciliation of funds:- Total funds brought forward Total funds carried forward Notes Net movement in funds	Current year Total Funds 2024 £ 67,618 67,618 66,012 66,012 1,606 1,606 1,606 42,962 44,568	Prior Year Total Funds 2023 £ 62,406 62,406 59,402 59,402 3,004 3,004 3,004 39,958 42,962

SOUTHWEST LONDON TAMIL KALVIKOODAM - Balance Sheet as at 31 January 2024

Notes Current assets Debtors 4 Cash at bank and in hand Total current assets Creditors: amounts falling due within one year 5 Net current assets The total net assets of the charity Total charity funds The total net assets of the charity are funded by the	2024 2023 £ £ 7,879 7,879 37,145 35,627 45,024 43,506 (456) (544) 44,568 42,962 44,568 42,962 44,568 42,962 funds of the charity, as follows:-

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The member has not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 11.

The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

M Gnanavel

Trustee

Approved by the board of trustees on 25 September 2024

The notes attached on pages 13 to 15 form an integral part of these accounts.

SOUTHWEST LONDON TAMIL KALVIKOODAM

Notes to the Accounts for the year ended 31 January 2024

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Public Benefit.

Southwest London Tamil Kalvikoodam (the charity) 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).

Preparation of the accounts on a going concern basis

The trustees consider that the charity can continue as a going concern for at least the next 12 months.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured.

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Restricted funds are donations which the donor, or charity when making an appeal, has specified are to be solely used for particular areas of the charity’s work.

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Costs of raising funds cover all expenditure incurred by the charity to raise funds for its charitable purposes including the costs of all fundraising activities/events plus the associated support costs

Expenditure on charitable activities covers the delivery of the primary purposes of the charity and the associated support costs.

SOUTHWEST LONDON TAMIL KALVIKOODAM

Notes to the Accounts for the year ended 31 January 2024

Support costs

Support costs are those functions, such as office overheads and governance, that assist the work of the charity; these costs are split between cost of raising funds and expenditure on charitable activities. Governance costs are those costs associated with meeting the strategic management, constitutional and statutory requirements of the charity and include accountancy fees and associated staff time

Cost Attribution

Costs have been attributed on a basis consistent with the use of resources. Where costs cannot be allocated, they are apportioned by the estimated percentage of time spent on each activity.

VAT

The charity is not registered for VAT. In connection with many other similar charities, the expenses are inflated by VAT, which cannot be recoverd.

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

3 Turnover

The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

4 Debtors

Other debtors 5 Creditors: amounts falling due within one year Other creditors	2024 £ 7,879 7,879 2024 £ 456 456	2023 £ 7,879 7,879 2023 £ 544 544

SOUTHWEST LONDON TAMIL KALVIKOODAM

Notes to the Accounts for the year ended 31 January 2024 6 Particulars of how particular funds are represented by assets and liabilities

At 31 January 2024 Current Assets Current Liabilities At 1 February 2023 Current Assets Current Liabilities	Unrestricted funds £ 45,024 (456) 44,568 Unrestricted funds £ 43,506 (544) 42,962	Designated funds £ - - Designated funds £ - - -	Restricted funds £ - - - Restricted funds £ - - -	Total Funds £ 45,024 (456) 44,568 Total Funds £ 43,506 (544) 42,962

7 Change in total funds over the year as shown in Note 6 , analysed by individual funds

*Unrestricted and designated funds:-* Unrestricted Revenue Funds Total unrestricted and designated funds Total charity funds	£ 42,962 42,962 42,962 Funds brought forward from 2023	£ 1,606 1,606 1,606 Movement in funds in 2024	£ - - - Transfers between funds in 2024	£ 44,568 44,568 44,568 Funds carried forward to 2025

8 Analysis of movements in funds over the year as shown in Note 7

			Other
	Income	Expenditure	Gains &		Movement
			Losses		in funds
	2024	2024	2024		2024
	£	£	£		£
*Unrestricted and designated funds:-*
Unrestricted Revenue Funds	67,618	(66,012)		-	1,606

SOUTHWEST LONDON TAMIL KALVIKOODAM

Detailed profit and loss account and Statement of financial activities

8 Income from charitable activities

Primary purpose and ancillary trading Sale of goods and services in accordance with the charity's objects Total Primary purpose and ancillary trading 9 Total Income from charitable activities Total income from charitable trading Total from charitable activities 10 Expenditure on charitable activities Books and magazines 11 Support costs for charitable activities *Employee costs not included in direct costs* Teachers fee Travel and subsistence - staff *Premises Expenses* Room Hire Light heat and power *Administrative overheads* Telephone, fax and internet Postage & Stationery Exams Fees Software licences and expenses Social events Sundry expenses Insurance Accountancy fees other than examination or audit fees Bank charges Total support costs Total Funds Expended Accumulated Funds Net Surplus for the year Balance brought forward Balance carried forward	Current year Total Funds 2024 £ 67,618 67,618 67,618 67,618 7,514 500 15,861 23,275 - 686 1,221 10,405 199 2,438 1,550 1,200 600 563 58,498 66,012 1,606 40,398 42,004	Prior Year Total Funds 2023 £ 62,406 62,406 62,406 62,406 5,716 5,870 9,632 21,569 1,017 832 - 7,438 764 2,941 1,866 582 640 535 53,686 59,402 3,004 37,394 40,398