Registered Charity Number :- 1187283
SHEFFIELD ALEVI CULTURAL CENTRE & CEMEVI
TRUSTEES’ REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR END 31 March 2024
SHEFFIELD ALEVI CULTURAL CENTRE & CEMEVI Rear Of 759-761 Attercliffe Road
Sheffield
CONTENTS
SHEFFIELD ALEVI CULTURAL CENTRE & CEMEVI
FOR THE YEAR ENDED 31 March 2024
TRUSTEES' REPORT ....................................................................................................................................................... 3 INDEPENDENT EXAMINER'S REPORT ....................................................................................................................... 4 AUDIT REPORT ............................................................................................................................................................... 5 STATEMENT OF FINANCIAL ACTIVITIES ................................................................................................................ 6 BALANCE SHEET ........................................................................................................................................................... 7 NOTES TO THE FINANCIAL STATEMENTS .............................................................................................................. 8
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SHEFFIELD ALEVI CULTURAL CENTRE & CEMEVI
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 March 2024
The Trust presents the reports and accounts for the year end 31 March 2024.
The Trustees are 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 regulations made under the Charities Act.
The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board of trustees on 31 January 2025 and signed on its behalf.
Ismail ASLAN
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SHEFFIELD ALEVI CULTURAL CENTRE & CEMEVI
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 March 2024
You consider that the charity is exempt from an audit for the period ended 31 March 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Charities SORP with respect to accounting records and the preparation of accounts.
These responsibilities include preparing accounts.
That give a true and fair view of the state of affairs of the charity at the end of the financial period and of its profit or loss for the financial period.
In accordance with your instructions, we have prepared the accounts which comprise the Statement of Financial Activities, the Balance Sheet and the related notes from the accounting records of the charity and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Dk & Company Services Ltd
Accountants
1A Silver Street
Wellingborough
NN8 1BQ
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SHEFFIELD ALEVI CULTURAL CENTRE & CEMEVI AUDIT REPORT FOR THE YEAR ENDED 31 March 2024
SHEFFIELD ALEVI CULTURAL CENTRE & CEMEVI
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 March 2024
| Recommended categories by activity Notes Income and endowments from: Donations and legacies 2 Total Expenditure on: Raising funds 3 Charitable activities 4 Other 5 Total Net income/(expenditure) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds £ Total Funds 2024 £ Total Funds 2023 £ 29,415.00 29,415.00 17,396.00 |
|---|---|
| 29,415.00 29,415.00 17,396.00 |
|
| 18,127.00 18,127.00 13,127.92 7,783.00 7,783.00 10,272.86 - - 567.36 |
|
| 25,910.00 25,910.00 23,968.14 |
|
| 3,505.00 3,505.00 (6,572.14) |
|
| 3,505.00 3,505.00 (6,572.14) (4,957.91) (4,957.91) 1,614.23 |
|
| (1,452.91) (1,452.91) (4,957.91) |
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SHEFFIELD ALEVI CULTURAL CENTRE & CEMEVI
BALANCE SHEET
FOR THE YEAR ENDED 31 March 2024
| Recommended categories by activity Notes Current assets Cash at bank and in hand 6 Total current assets Total net assets or liabilities Funds of the Charity Unrestricted funds 7 Restricted income funds 7 Endowment funds 7 Revaluation reserve Total funds |
Unrestricted funds £ Total Funds 2024 £ Total Funds 2023 £ 2,047.00 2,047.00 15,619.03 2,047.00 2,047.00 15,619.03 |
|---|---|
| 2,047.00 2,047.00 15,619.03 |
|
| (1,452.91) (1,452.91) (4,957.91) - - - - (1,458.00) (1,458.00) 22,191.17 |
|
| (2,910.91) (2,910.91) 17,233.26 |
The financial statements were approved by the Board on 31-Jan-2025 and signed on its behalf by:
Ismail Aslan Chair
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SHEFFIELD ALEVI CULTURAL CENTRE & CEMEVI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
1 Accounting Policies
1.1 Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
1.2 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts 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 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.3 Going concern
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
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SHEFFIELD ALEVI CULTURAL CENTRE & CEMEVI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
2 Income from Donations and Legacies
| Analysis Donated Goods, facilities and services Donation and gifts Membership subscriptions and sponsorships which are in substance donations xpenditur Analysis Staging fundraising events Rent collection, property repairs and maintenance charges |
Unrestricted funds Total funds 2024 Total funds 2023 £ £ £ 9,770.00 9,770.00 - 18,525.00 18,525.00 17,396.00 1,120.00 1,120.00 - 29,415.00 29,415.00 17,396.00 e on Raising Funds Total funds 2024 Total funds 2023 £ £ 7,589.00 - 10,538.00 13,127.92 18,127.00 13,127.92 |
|---|---|
3 Expenditure on Raising Funds
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SHEFFIELD ALEVI CULTURAL CENTRE & CEMEVI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
4 Expenditure on Charitable Activities
| Analysis Charity running cost Advertising and marketing Printing and stationery |
Total funds 2024 £ 7,783.00 - - 7,783.00 |
Total funds 2023 £ 10,203.86 40.00 29.00 |
|---|---|---|
| 10,272.86 |
5 Other Expenditure
| Analysis Other Expenditure |
Total funds 2024 £ - - |
Total funds 2023 £ 567.36 |
|---|---|---|
567.36 |
6 Cash at bank and in hand
| Cash at bank and on hand |
Total funds 2024 £ 2,047.00 2,047.00 |
Total funds 2023 £ 15,619.03 |
|---|---|---|
15,619.03 |
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SHEFFIELD ALEVI CULTURAL CENTRE & CEMEVI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
7 Charity funds
7.1 Details of material funds held and movements during the CURRENT reporting period
| Fund names | Fund balances brought forward |
Income | Expenditure | Transfers | Gains and losses |
Fund balances carried forward |
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | |
| Unrestricted funds | ||||||
| (4,957.91) | 29,415.00 | (25,910.00) | - | - | (1,452.91) | |
| Total | (4,957.91) | 29,415.00 | (25,910.00) | - | - | (1,452.91) |
| tails of material funds held and movements during the | PREVIOUS reporting perio | |||||
| Fund names | Fund balances brought forward |
Income | Expenditure | Transfers | Gains and losses |
Fund balances carried forward |
| £ | £ | £ | £ | £ | £ | |
| Unrestricted funds | ||||||
| 1,614.23 | 17,396.00 | (23,968.14) | - | - | (4,957.91) | |
| Total | 1,614.23 | 17,396.00 | (23,968.14) | - | - | (4,957.91) |
7.2 Details of material funds held and movements during the PREVIOUS reporting period
7.3 Transfers between funds This Year
| Amount | ||
|---|---|---|
| £ | ||
| Between unrestricted and restricted funds | - | |
| Between endowment and restricted funds | - | |
| Between endowment and unrestricted funds | - | |
| Last Year | ||
| Amount | ||
| £ | ||
| Between unrestricted and restricted funds | - | |
| Between endowment and restricted funds | - | |
| Between endowment and unrestricted funds | - |
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