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 2 **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 3 **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 4 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)**| 6 **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 7 **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. 8 **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** 9 **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| 10 **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||-| 11