C(xryany re8igtrnlion numb¢r. l(Kp59528 Chwity re8is1rnt1 number. 1175922 SIi%CERE EDUCATION & CULTURAI. DF.vEL0PME LIMITED (PTlva¢e cOpanY Ilmli¢d by iur•¢e¢ wltbowt ¥h•r¢ cgpltl} Annual Rewt Financi S¢ments for the Year EThJtd 31 March 2023
SINCERE EDUCATION & CULTURAL DEVEI.OPMENT I.IMITF.D R¢f¢rcnce and Administralivc tkthils Trn$¢es l. lryna M(Yoz 2. Jekaicrina Bhk 3. Volod>T MorryL Pr1ndpoffiCt l Tr Squue Waiford Enslat)d WD24 6ND Ctslrlty RtglstTrt5on Number 1175922 comDY Number 10659528 ldependent Exmln¢r M•xwcll Ch¥n¢rtd C4ified Accowitanls Fir FIMr459 FtrKhley R(Md England NW3 611N Pag¢ 2 of 8
SINCERE EDUCATION & CUI.TVRAL DV.VF.I.OPMEP4T I.IMITED TThstees RtPDrt AttlTr4tl SinceTr & CulttrJl D¢10pment Lirnited 1$ cngaged in th¢ folkiwing xUViticJ: OrganisiDg wo8ranm of phy7i¢al, th8tionlll & (4h¢r acliviti¢T a rne1 of advancing in 2. H¢lpiD8 youn8 people by &v¢lqJing theirskill& Capaciti and CaPAbiliii¢g to enablc them particip¢ in in&p¢nd¢nt. matuwe & r¢srY51b1e individua14 3. Advancin8 ed11n. 4. Relieving unemploL atMI 5. Providing Tecrnti(rfJal & Iciswe lime ¥tivity for swia] welfare. The results of the chority ar¢ slw)wn in the [[Orne and expenditure ic¢ount on pag¢ 6. The n¢1 incomin8llouigoingl resour¢¢s ofunrc5tri¢l fvEK15. whi¢h are thc opuauonal rc5ery¢ of the ¢hariry. There WCTC nei iTKomingl{oul80ing) ofres¢Ti¢wl furKI5. Ind¢p¢Dd¢nt Eirnlntloo In 9¢¢ryd with the Cornition and The Chwities Ad 1993 inthF*n&ni examin•tion will take plxe anmlly. lryna M¢xoz On F&tf of the Bo of TnL%tec% QS,02. IOaLI Page3of8
SINCERE EDUCATION & CULTURAL DF.VELOPMENT I.IMITED Trn$tees' Responslbllltle• The tnL8t¢¢s arc r¢quirol WMl¢rthe Clwities Ad 1993 toprqwe rim181 5thments f(h fin8n¢ial year which giva% a true aThJ fair view of thc Chw"Iys financiaj activiiiu during th¢ year arml of iti financial t81110n at the ¢1 of the ycar. in prcpArill8 flnllncial Sthl¢mcnts giving a Iruc and fait vicw. the InLSt¥Ys thwld follow pTxii¢e and. ) le suitable accountiD8 policils and wly them Co]S1¢tly. b) m¢ e*irna¢e4 are rtawnablc •od pnthL ¢1 sla¢¢Whcth a&Wicablca¢¢ouniitiBstarMlwd sand wwrnents of rccommcndcd praaice havc twi followed subjecl to any (kPartsw discloscd explain in thc finwKial statements. dl prepare the financial stalcmentson a8oinBconccrn bui$un]essil isinappropriale toprcsume th¢ clLarity will continue in OFffition. the financhil tX)SLILOn ofth¢¢harity and whi¢h eThabl¢s li kn &%certain Ihe financial p)siiion of thecharity and ensure ihai the fina12] stai¢nKnts ¢omply wiih18w and arvlicable regulations. The trustees UC also resFrfJnsible for safe8¥ardin8 of the &sset8 of the charity and herKe r(r taking sonable steps for th¢ tYrvenIi and dE10n of fra1 and other irre8uluities. lrynA Mwoz 00.02. IOIL4 P¥g¢4of8
SINCERE EDUCATION & CULTURAL DEVELOPMENT LIMITgD Indtp¢Ddefj¢ Ei•ml4en' Report We Trporton th¢ accounts ftrthe ycarended 31 March 2023 ¢ov¢ringtwclvc rnonths. which tre Jct out on pag¢s fi 10 7. Re5peeilve RespoD$lbllltltt of Trnstees Eumlner A5 I1 ehariiy's trusIc Y are r¢snsibl¢ for thc prcpgrnlion ofthc Hccourits; yi)u considcr that the audit ro4uirem¢nt of S¢dion 4312) of ihc CharitiL¥ Ad 1993 d[5 apply. It Is rny rc5pon5ibility lo siaic. on the b&sis of Prdre5 slf1 in the8encrnl direclion5 givcn by thc Charity Commissioners under s¢¢ 43171 of t Acl. whcthcr porticularm)ttus h•v¢ con to tyJrart¢ntion. B•sls of IndepeThdeDt Ex•mlntrs' Report The examination was Carricd out in K¢ordl¢¢ with thc Gencral Directions given by th¢ Chariry Commi55ion. An examinalion includesa Y¢vi¢w of thcxcouniins rccords kcrA and a compari50n of th¢ a¢¢ount5pr¢senled wlththLrC¢ofds. Italso IlU1 LIYIdera11On ofany wiwual it¢msordi5closurrs in the ac¢outhts and seeking explattailo ftom you trwiees ¢onc¢rning h¢)y such m9. Th¢ predureS undertaken do pwbidc all th¢ ¢vidence thai would be required in an audii and consequenily I do Th)t expr¢ss an yJit opinion on th view given by the aLYtyJnts. In•Jtpendent ExtylEfs' Statement In ¢onnettI with rny ¢xwniMtion. Th) matteJs hw¢ ct)me my attenti( 11 whith gives me cause believ¢ thai in fttty material rewi th¢ requiremet)ts to ke¢pa¢¢ounting re¢d5 in a¢c4K with5ethion41 of thc Ad andto Prepare 0w1 which accttd wIthcountInreCwthafidlo¢OTnP1yWith thac¢oun¢irhB requ1rents of the A¢i hove 2) iovthi¢h. in myopinion att¢A¢iM sF#yJld bedrnwn in othto ¢nabl¢toproper Urin8 ofthe accoty 10 be rexlKd. Maxw¢ll char*1 Ccrtificd Accounl8nts Firn Ftth)r 459 Fin¢hky HarnpSd tx¥ttht). En8iand NW3 6HN P8¥c5of8
S1CERE EDUCATION & CULTURAL DEVEI.OPMW.NT LIMITF.D Iorne & ExlIUr¢ A¢wml Fortt YLW ended 31 March 2023 UDrestrlc¢td To(¥1 2ts23 Tol*1 2022 Ineomlthg Tewurces DonaiioThs T•tAI TtSOUTe 85.567 85 5.567 Resourtts fipended DiTea charithble eXLI¢S Blnk paymenls Managemeni & thinistraiion ex)$¢$ Total resourcu upended 40.730 157 67 40.730 157 65 3(M) 305 1 46254 before transfer 39 13 39 13 365 R¢eondllatlon offunds Total funds brought forwinl Total fuThJs ¢aryid foNord -1.482 37 -1.482 37,8Jl -1.482 1 Pagc6of8
SINCERE EDUCATION & CULTURAL DEVELOPMENT LIMITED Balan¢¢ Shc¢l as 31 March 2023 21123 21122 Current a55ets C&%h at bank & in hthd 40.537 3.632 Credltorn: Amounts f#lllg due vAthln gn¢ y¢r 5.114 Nel eurr¢Dt wtts 1.482 Totsl ossets les5 curr¢nt li•bilties 1.482 Credlion: flllDg due fter one year Net 1.482 Funds of the ¢hrlty Unresiricied furKIs T•tAI funds For the finwKs•l year erwkd 31 M•r¢h 2023. the ¢hwityWU eniitjed to e%emption from audit under section 477 of th¢ Comrni¢s Act 2(1)6 Yelatin8 to Im1 ¢¥ynp8Die& Tntste¢s' ffspws1biliti. l. The mcmb¢Th hav¢ no¢ rtyuirtd the ¢h8rity ioolx•in an awlit of its ¥¢ounts for the y¢ar in qucstion itt #¢¢4)r with sedion 476. and 2. The trustec5 acknowlrdgr their ft4Jonsibilities for comptyin8 with the requirements of the Act with rcsprrt lo ¥rowiitll8 aNI th¢ wrp4rnlion ofaccounL4. Th¢ fInla1 staments on •pwovtyl by thc tru5tses and authDr1S issye WMI sId on th¢ir lwIf by.. lryna Moroz Da. 08.01. 2014 Pa8e 7 of ¥
SINCERE EDUCATION & CULTURAL DF.VELOPMF.NT I.IMITED Nol¢s lo ih¢ A¢¢ownts Ft)r the Yur Ended 31 M4rch 2011 l. AeeountinE Pollde5 I.I ACCOUEn8 CntIon The accounts arc prepar¢d urmkr the hislorical C1 conv¢nuon modificd WI nwc55ary to ijKlude thc revaluation of certain fix FRS 102 h&$ Lwi 1.2 th)rbatio% and Fund Dotwtions rtteived for the ge1[ PUry# ofthe charity ue included os gencrdl fund. General fi¢15 are unrutridcd funds which are available for thc usc at the discrelion of the Injs$ in furthcrdrJ¢e or th¢ general obie¢tive of th¢ Chvity And which h¢ not been desi8natyJ foroOKr purposa. 1.3 Ine4Jrnin8 Ruourtts All incorning resouwc5 are r01Zed onct Ihecharity ha5 the enlitlemeTttto the resourcc5, it is cenain that th¢ r¢sowres will b¢ rcttive418ThJ valu¢of the incoming r¢souw (n Ix rne45ured with 5uffi¢ieni reliability. There ar¢ Thit 8ny Governn¢¢ costs associat&l with ¢harity. Mox of athninisNive jobs are done on Volwit E4sts ix. free of to excw AOUntants fe<. 1.5 UnTestrict¢d Costs General fund iD¢ludcs ail th)nation5 f¢x whith dcffiors hav¢ not ¢Xprts$ any prcfcrcnce as to how th¢ fw$ sho11 be speni. Tr$¢ arc applied forany charithbl¢puryk)seai the ab501ute discr¢tion of the Inute¢s on th¢ obj¢¢tiv¢s srt by the VPAL 2. M4nM8eMtth¢ & AdnblnlrtndoN EAPtll 2Q23 2022 Trzvel a1 5ub5t51enee Motor expenses Servict char8es 1.152.(a> 30.(KI 315.} 696.Th) 68.(X) 149. 157. iio. 756.( Srariotw and wintin subscri1£ Software A¢counw)cy fee5 AdvertisiDg atMI PR 12(X).¢KI 886. 31X) 365 Page 8 of 8