## **WORLD TAMILS HISTORICAL SOCIETY**
## **Report of the Trustees**
## FOR THE YEAR ENDED 30 JUNE 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2024. The trustees have adopted the provisions of 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).
## STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number 09645816 (England and Wales)
Registered Charity number 1170343
Registered office 227 Preston Road Wembley Middlesex HA9 8NF
## **Trustees**
N Suganthakumaran - Chairman
Mrs K Skanthatheva T Logeswaran MAAT, FCCA S Kanagasingam Mr S Kandiah FCA Mrs S Kokularamanan G Kulasegaram J N Packianathan Mrs S Suganthakumaran M Arumugam K Chandramohan
## **Company Secretary**
N Sugunthakumaran
## **Accountants**
Amity Services Ltd 4 Whitchurch Parade Whitchurch Lane Edgware Middlesex HA8 6LR
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees (who are also the directors of World Tamils Historical Society for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- 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 charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Objectives Of The Charity**
1. Promoting tamil culture
2. Preserve and interpret tamil history and culture for the education, enjoyment of present and future generations
3. To advance the Hindu religion , particularly but not exclusively by running a temple in Banbury
4. To Advance the Roman Catholic religion, particularly but not exclusively by running a church in Banbury.
## **Achievement and Performance**
Charity was able to start the ground work for the community building, by demolishing the old barn.
## **Fund Raising**
During this year funds raised via monthly membership fees and donations during monthly remembrance event held in the charity’s premises.
## **Future Plan**
Charity has started working on raising the funds for the community building.
Approved by order of the board of trustees on 31[st] March 2025 and signed on its behalf by:
Mrs K Skanthatheva - Trustee
## **World Tamils Historical Society**
## **Charity No. 1170343**
**Company No. 09645816**
**Trustee's Report and Unaudited Accounts**
**30 June 2024**
**World Tamils Historical Society Trustees Annual Report**
The trustee, who is also a director of the charity for the purposes of the Companies Act 2006, presents their report with the unaudited financial statements of the charity for the year ended 30 June 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. 09645816**
## **Charity No. 1170343**
## **Registered Office**
227 Preston Road Wembley Middlesex HA9 8NF
## **Director and Trustee**
The Director of the charitable company are its Trustee for the purposes of charity law. The following Director and Trustee served during the year:
K. SKANTHATHEVA
## **Accountants**
Amity Accountants 4 Whitchurch Parade Whitchurch Lane Edgware HA8 6LR
The Trustee is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustee is also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
K. SKANTHATHEVA Trustee 28 February 2025
Page 1
**World Tamils Historical Society Statement of Financial Activities**
## **for the year ended 30 June 2024**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Other trading activities
5
Investments
6
**Total**
**Expenditure on:**
Raising funds
7
Other
8
**Total**
Net gains on investments
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
79,375
19,000
236|**Total funds**
**2024**
**£**
79,375
19,000
236|**Total funds**
**2023**
**£**
171,356
-
37|
|---|---|---|---|
||98,611
-
97,766|98,611
-
97,766|171,393
23,502
77,367|
||97,766
-|97,766
-|100,869
-|
||845
-|845
-|70,524
-|
||845|845|70,524|
||845
511,093|845
511,093|70,524
440,569|
||511,938|511,938|511,093|
Page 2
**World Tamils Historical Society Summary Income and Expenditure Account**
## **for the year ended 30 June 2024**
|Income
Interest and investment income
**Gross income for the year**
Expenditure
Interest payable
**Total expenditure for the year**
Net income before tax for the year
Tax payable
**Net income for the year**|**2024**
**£**
98,375
236
98,611
53,973
42,038
96,011
2,600
(1,755)
845|**2023**
**£**
171,393
-|
|---|---|---|
|||171,393|
|||74,160
26,709|
|||100,869|
|||70,524
-|
|||70,524|
Page 3
**World Tamils Historical Society Balance Sheet**
## **at 30 June 2024**
|**Company No.**
**09645816**
**Notes**
**2024**
**£**
**Fixed assets**
Tangible assets
10
1,439,643
1,439,643
**Current assets**
Debtors
11
85
Cash at bank and in hand
9,290
9,375
**Creditors:**Amount falling due within one year
12
(17,755)
**Net current (liabilities)/assets**
(8,380)
**Total assets less current liabilities**
1,431,263
**Creditors:**Amounts falling due after more than one year
13
(919,325)
**Net assets excluding pension asset or liability**
511,938
**Total net assets**
511,938
**The funds of the charity**
**Restricted funds**
14
**Unrestricted funds**
14
General funds
511,938
511,938
**Reserves**
14
**Total funds**
511,938|**2023**
**£**
1,434,143|
|---|---|
||1,434,143
-
28,264|
||28,264
(1,800)|
||26,464
1,460,607
(949,514)|
||511,093|
||511,093|
||511,093|
||511,093|
||511,093|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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.
Approved by the board on 28 February 2025
And signed on its behalf by:
K. SKANTHATHEVA Trustee
28 February 2025
Page 4
**World Tamils Historical Society Notes to the Accounts**
## **for the year ended 30 June 2024**
- 1 **Accounting policies**
## **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) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 5
**World Tamils Historical Society Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## 2 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
Page 6
**World Tamils Historical Society Notes to the Accounts**
## 3 **Statement of Financial Activities - prior year**
|3
**Statement of Financial Activities - prior year**||||
|---|---|---|---|
|**Income and endowments from:**
Donations and legacies
Other
**Total**
**Expenditure on:**
Raising funds
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
Donations
5
**Income from other trading activities**
Rental Income
6
**Income from investments**
Interest Income|**Unrestricted**
**£**
79,375
79,375
**Unrestricted**
**£**
19,000
19,000
**Unrestricted**
**£**
236
236|**Unrestricted**
**funds**
**2023**
**£**
171,356
37
171,393
23,502
77,367
100,869
70,524
70,524
70,524
440,569
511,093
**Total**
**2024**
**£**
79,375
79,375
**Total**
**2024**
**£**
19,000
19,000
**Total**
**2024**
**£**
236
236|**Total funds**
**2023**
**£**
171,356
37|
||||171,393
23,502
77,367|
||||100,869|
||||70,524|
||||70,524|
||||70,524
440,569|
||||511,093|
||||**Total**
**2023**
**£**
171,356|
||||171,356|
||||**Total**
**2023**
**£**
-|
||||-|
||||**Total**
**2023**
**£**
37|
||||37|
Page 7
**World Tamils Historical Society Notes to the Accounts**
## 7 **Expenditure on raising funds**
|_Costs of generating voluntary_
_income_
Tree Plantation
8
**Other expenditure**
Bank loan and overdraft
interest payable
Corporation tax
charge/(credit)
Premises costs
General administrative costs
Legal and professional costs
9
**Staff costs**
No employee received emoluments in excess of £60,000.
10 **Tangible fixed assets**
**Cost or revaluation**
At 1 July 2023
Additions
At 30 June 2024
**Net book values**
At 30 June 2024
At 30 June 2023
11 **Debtors**
Other debtors|**Unrestricted**
**£**
42,038
1,755
31,458
8,020
14,495
97,766
**2024**
**£**
85
85|**Total**
**2024**
**£**
-
-
**Total**
**2024**
**£**
42,038
1,755
31,458
8,020
14,495
97,766
**£**
1,434,143
5,500
1,439,643
1,439,643
1,434,143|**Total**
**2023**
**£**
23,502|
|---|---|---|---|
||||23,502|
||||**Total**
**2023**
**£**
26,709
-
32,537
7,183
10,938|
||||77,367|
||||**£**
1,434,143
5,500|
||||1,439,643|
||||1,439,643|
||||1,434,143|
||||**2023**
**£**
-|
||||-|
Page 8
**World Tamils Historical Society Notes to the Accounts**
## 12 **Creditors:**
|amounts falling due within one year
Corporation tax
Other creditors
Accruals
13 **Creditors:**
amounts falling due after more than one year
Bank loans and overdrafts
Other loans
14 **Movement in funds**
**At 1 July**
**2023**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
511,093
**Total funds**
511,093
15 **Analysis of net assets between funds**
Fixed assets
Net current assets
Creditors due in more than one year and
provisions|amounts falling due within one year
Corporation tax
Other creditors
Accruals
13 **Creditors:**
amounts falling due after more than one year
Bank loans and overdrafts
Other loans
14 **Movement in funds**
**At 1 July**
**2023**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
511,093
**Total funds**
511,093
15 **Analysis of net assets between funds**
Fixed assets
Net current assets
Creditors due in more than one year and
provisions|**2024**
**£**
1,755
6,000
10,000
17,755
**2024**
**£**
519,325
400,000
919,325
**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
98,611
98,611|**Resources**
**expended**
**£**
(97,766)
(97,766)
**Unrestricted**
**funds**
**£**
1,439,643
(8,380)
(919,325)
511,938|**2023**
**£**
-
1,800
-|
|---|---|---|---|---|
|||||1,800|
|||||**2023**
**£**
535,938
413,576|
|||||949,514|
|||||**At 30 June**
**2024**
**£**
511,938|
||511,093|||511,938|
|||||**Total**
**£**
1,439,643
(8,380)
(919,325)|
|||||511,938|
Page 9
**World Tamils Historical Society Notes to the Accounts**
## 16 **Reconciliation of net debt**
|Cash and cash equivalents
Borrowings
Bank loans
Net debt|**At 1 July**
**2023**
**£**|**Cash flows**
**£**|**At 30 June**
**2024**
**£**|
|---|---|---|---|
||28,264|(18,974)|9,290|
||28,264
(413,576)
(535,938)
(949,514)
(921,250)|(18,974)
13,576
16,613
30,189
11,215|9,290
(400,000)
(519,325)|
||||(919,325)|
||||(910,035)|
## 17 **Related party disclosures**
## _**Controlling party**_
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 10
**World Tamils Historical Society Detailed Statement of Financial Activities**
## **for the year ended 30 June 2024**
|**Income and endowments from:**
Donations and legacies
Donations
Other trading activities
Rental Income
Investments
Interest Income
**Total income and endowments**
**Expenditure on:**
Tree Plantation
**Total of expenditure on raising**
**funds**
Other expenditure
Bank loan and overdraft interest
payable
Corporation tax charge/(credit)
Premises costs
Rates and water
Light, heat and power
Premises cleaning
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Bad debts
Bank and card processing charges
Equipment leasing and hire
charges
General insurances
Advertising|**Unrestricted**
**funds**
**2024**
**£**
79,375
79,375
19,000
19,000
236
236
98,611
-
-
-
42,038
1,755
43,793
6,203
14,221
228
10,806
31,458
-
1,057
996
1,144
1,900|**Total funds**
**2024**
**£**
79,375
79,375
19,000
19,000
236
236
98,611
-
-
-
42,038
1,755
43,793
6,203
14,221
228
10,806
31,458
-
1,057
996
1,144
1,900|**Total funds**
**2023**
**£**
171,356|
|---|---|---|---|
||||171,356|
||||-|
||||-|
||||37|
||||37|
||||171,393
23,502|
||||23,502|
||||23,502
26,709
-|
||||26,709|
||||4,869
5,733
-
21,935|
||||32,537|
||||2,400
1,132
-
1,043
450|
Page 11
## **World Tamils Historical Society Detailed Statement of Financial Activities**
|Postage and couriers
Software, IT support and related
costs
Stationery and printing
Subscriptions
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination
fees
Consultancy fees
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|942
628
129
177
1,047
8,020
1,618
12,877
-
14,495
97,766
97,766
-
845
845
-
845
511,093
511,938|942
628
129
177
1,047
8,020
1,618
12,877
-
14,495
97,766
97,766
-
845
845
-
845
511,093
511,938|-
85
-
-
2,073|
|---|---|---|---|
||||7,183|
||||1,800
-
9,138|
||||10,938|
|||||
||||77,367|
||||100,869
-|
||||70,524|
||||70,524
-|
||||70,524|
||||440,569|
||||511,093|
Page 12
**World Tamils Historical Society Independent Examiners Report**
## **Independent Examiner's Report to the trustee of World Tamils Historical Society**
I report to the charity trustee on my examination of the financial statements of World Tamils Historical Society for the year ended 30 June 2024.
## **Responsibilities and basis of report**
As the charity's trustee (and also a director for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Jebarson William ACCA Amity Accountants 4 Whitchurch Parade Whitchurch Lane Edgware
HA8 6LR 28 February 2025
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