CHARITY NUMBER: 1166023 DERSIM CULTURAL CEKfRE REPORT AND FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 MARCH 2022 DERSIM CULTURAL CENTRE coKrENTS PAGE Legal and administrative information Management Commtttee's report Independent examlner's ￿pOrt ststement of financial activities Balance sheet Notes to the Finanoal Statements Detailed income and expenditure accounts Accountants, report io REFUGEE WORKERS CULTURAL AssoaATION IEGAL AND AOMINisfRATNE INFORMATION Management Commitee Members Sen8ul Duzgun Dilan Bolat Cilem Polat an Mem Aba Administrative Office- 374 High Road Tottenham London N17 9HY Charity Registration Number: 1166023 Independent Examiners.. Akademi Accountsncy Certsfied Accountants 59-60 The Market Square Edmonton London N9 OTZ DERSIM CULTURAL CENTRE DERSIM CULTURAL CEPME TRusfEES' REpoKf FOR THE YEAR ENDED 31 MARCH 2022 The trustees, present their annual report together with the audited financial ststements of the charity for the year ended 31 March 2022. The trnstees of the company and the trustees who are also directors for the purposes of company law and under the company's Articles are known as members of the Management Committee, who Served throughout the year are shown on page l. Under the requirements of the Memorandum and Article5 of Association the members of the Mana8ement Committee are elected to serve for a period of one year after which they must be re elected at the Annual General Meetin8. Or8anisatlonal sifuciure The charity is or8anised so that the trustees meet regularly to manage its affairs. There is a co- ordinator who manages the day to day administration of the charrty. Rlsk management The trustees actrvely review the major rÈsks which the charTty faces on a regular basis and believe that maintaining reserves at the ojrrent levels, combined with an annual review of the controls over key financial systems, will provide sufficient rexlurces in the event of adverse conditions. The trustees are aware of the charity's non-reliance on lundin8 from local government and efforts will be made to increase self 8enerated income. Sertion a of the Charities Act 2011 The trustees actively review guidance issued by the Charity Commission as required by Section 4 of the Charities Act 2011, to ensure compliance wtth such guidance. Obiectlves & Artlvitles The charity's objects and its priricipal activit￿S are to assist in improvifTrg the quality of lrfe of Turkish and Kurdish people in England. Principle acti¥ities include,. Welfare. Supporting families, General Advice. Training and other allied services to the Turkish & Kurdish speaking ￿MmunIty- Developrnent, Aclfvllles and Achle¥ements The trustees consider that the charity's actrvities in meetin8 its objective5 have been satisfactory during the year under review. Dersim Cultural Centre's Management Committee, staff and volunteers continue to work closely with the members of the community to preserve and enhance the identity of the Charity. ## **DERSIM CULTURAL CENTRE** ## DERSIM CULTURAL CENTRE TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022 CONTINUED ... ## **Financial Review** Total income for the year amounted to £38,960 with total expenditure amounting to £26,953 leaving a surplus of £12,007 in the year. Accumulated reserves at the balance sheet date amounted to £71,252 ## **Future Developments** Fundraising for the year 2021/22 has been actively looked into for the charities core activities and the aim of the trustees is further assist in the improvement of the quality of life of the Turkish & Kurdish people in England. ## **Responsibilities of Trustees** The trustees are required by company law to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to - Select suitable accounting policies and apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. 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. ## **Trustee members** The trustees who are directors for the purpose of company law who have served during the year and up to the date of this report are set out on page 1. In accordance with company law, as the company directors, we certify that: - so far as we are aware, there is no relevant information of which the company's independent examiners are unaware; and - as the directors of the company we have taken ail steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity's independent are aware of that information. ## **Independent examiners** Akademi Accountancy was appointed as the charitable company's independent examiners at the last Annual General Meeting and has expressed their willingness to continue in that capacity. ## **Approval** This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in May 2008) and in accordance with the Provisions of Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. Approved by the trustees on 29/12/2022 and signed on its behalf. �� Sengul Duzgun Chairperson 3 DERSIM CULTURAL CENTRE INDEPENDENT EXAMINER'S REPORT ON THE ACCOUPItS FOR THE YEAR Et4DED 31 MARCH 2022 Report to the trustees of Dersim Cultural Centre on the accourts of the charity for the year ended 31 March 2022 set out on pages 5-&7-&9 Respectlve responsibllltles of trustees and Independert examlner The charivs trustees are responsible for the preparation of the accounts. The chariws trustees consider that an audit is not required for this year under section 144 of the Charities Act 20111-the Charities ACVI and that an independent examination is needed. It is my responsibility to: • examine the accounts under section 145 of the Charities Act. to follow the procedures laid down in the general Direttions given by the Charity Commission (under section 1451511bl of the Charities Act, ènd • to stste whether particular matters hwe come to my attention. Basls of Independent examlner's statement My examÈnation was carried out in accordance with 8eneral Directions given by the CharFty Commission. An examination include5 a review of the accourting records kept by the charity and a comparison of the atcounts presented with those records. It also includes consideration of any unusual items or di5closure5 in the accounts, and seeking explanations from the trustee5 concernin8 any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequentty no opinlon is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statement below. Independent examlnees statement In tonnection with my examination, no matter has come to my attention l. which glves me reasonable tau5e to believe that in, any material respect. the requI￿rnents- to keep accounting record5 in accordance with section 130 of the Charities Act 2011: and • to prepare accounts which accord with the accountin8 records and Comply with the accountin8 requirements of the Charities Act have not been met. or 2. to which, in my opinion. attention should be drawn In order to enable a proper understanding of the accounts to be reached. Date: 2911212022 Akademi Accountancy Certified Accountants 59-60 The Market Square Edmonton London N9 ofL DERSIM CULTURAL CENTRE STATEMENT OF FINANCIAL AcfivmES Totsl 2022 Totsl 2021 Ftsnds Funds NOTES INCOMING RESOURCES Grants Donation and Membership ActNities Income Sponsorship TOTAL INCOMING RESOURCES 12.450 26.510 12.450 26,510 6,040 15,040 Direct Charitable Expenditure Management and AdminÈstration TOTAL RESOURCES EXPENDED 26.953 26,953 29,419 26,953 26,953 29,419 NET INCOMING RESOVRCESI (RESOURCES EXPENDED) 12,(X17 12,007 14,379 TOTAL FUNDS BIF 59,245 59.245 73,624 TOTAL FUNDS CIF 71.252 12,C#)7 59,245 There were no recognised gain5 or105ses for 2021 or 2022 other than those in the Statement of Financial ACINIt￿s. The attached notes form part of these financial ststements DERSIM CULTURAL CENTrE BALANCE SHEEf AS AT 31 MARCH 2022 2021 NOTES FIXED ASSErs Tanglble Fixed Assets CURRENT A5SET5 Cash at bank and in hand 71.252 Other Credltors Other Creditors TOTAL NET ASSETS 71.251 FUNDED BY: Net Excess Income over expenditure Fund Balance 8/F 12.007 59.245 TOTAL FUNDS CIF 71.252 Approved by the Management Committee and Sbgned on its. behalf. Date: 29-12-2022 Sen8uI Duz8un Chairperson DERSIM CULTURAL CENTRE NOTES TO THE FIP4ANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 I. ACCOUNTING POLICIE5 Accountln8 Conventlon The financial statements are prepared under the historic c05t convention and in accordan￿ wtth the Financial Reportin8 Standard for Smaller Enttties leffective April 2(K181. the Companies Act 2￿6 and the reqU1￿ments of the Statement of Recommended PTrctice. Accounting and Reporting by Charities. Incomlne Resources Sundry incomes are accounted for as receNed by the organisation. All other income is accounted for in an accruals basis. No permanent endowments have been received in the year. Expenditure is accounted for an accwals basis and has been classrfied under headings that aggregate all cost related to the category. Where costs cannot be directty attributed to particular headins they have been alIc￿ted to artNities on a basis consistent with the use ol ￿SOurces. Tanglble Flx•d A380t• Depreciation ha5 been provided at the following rates in order to write off the assets over their estimated useful lives. Eqquipments, Fixtyres & Fittings 25% strai8ht line Taxatlon The charity is exempt from corporation tax on its charitable activities. Value Added Tax is not recoverable by the organisation. and as such is included in the relevent costs In the Statement of Financial ArtNitivities. Management and Administrative Expenditure Expenditure on mana8ement and administration of the orBani5atKJn intludes all expenditure not dirertly related to the charitable artivities or fund-raisin8 ventures. This includes office running costs and accountancy fees. DERSIM CULTURAL CENTrE INCOME AND EXPENDillJRE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 INCOME Donations and Sponsorship Membership Events Income 11.520 930 26.510 38,960 EXPENOITVRE Accountary Fee Activity Expenses Canteen Light and Heat Rates Rent Repairs Software Subscriptions Sundry Telephone and Fax 5Tr) 3C 6.944 752 756 13.51x1 622 150 377 26,953 EXCESS EXPENDITURE OVER INCOME 12,W7 DERSIM CULTURAL CENTRE Accountants. ReixKt to the Trustees of Dersim Cultural Centre For the Year Eended 31 Mwch 2022 As described on page 2 of this report you are responsible for the preparation of the attounts for the year ended 31 March 2022 in accordance with applicable law and regulations. You are satisfied that the company is entitled to exemption from the requirement to obtain an audit under sertion 477 of the Companies Act 2LKI6. In accordance with instruction gFven to us. we have complied these unaudited accounts in order to assist you to fvlfil your statuary responsibilities. from accountlng records and information and explanations supplied to U5, we report that they are in accordance with therewith. Date.. 2911212022 Akademi Accountancy 59-60 The Market Square London N9 OTZ io