C(xryany re8igtrnlion numb¢r. l(Kp59528
Chwity re8is1rnt1￿ number. 1175922
SIi%CERE EDUCATION & CULTURAI. DF.vEL0PME￿ LIMITED
(PTlva¢e cO￿panY Ilmli¢d by iu*r•*¢e¢ wltbowt ¥h•r¢ cgplt*l}
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 B￿h￿k
3. Volod￿>T MorryL
Pr1ndp￿offiCt
l Tr Squue
Waiford
Enslat)d
WD24 6ND
Ctslrlty RtglstTrt5on Number
1175922
com￿DY Number
10659528
l￿dependent Ex*mln¢r
M•xwcll Ch¥n¢rtd C4*ified 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¢s￿rY51b1e individua14
3. Advancin8 ed￿￿11￿n.
4. Relieving unemplo￿L 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 Ei*rnln*tloo
In 9¢¢ryd￿ with the Corni￿tion and The Chwities Ad 1993 inthF*n&ni examin•tion will take
plxe anm￿lly.
lryna M¢xoz
On F&tf of the Bo￿￿ of TnL%tec%
QS,02. IOaLI
Page3of8

SINCERE EDUCATION & CULTURAL DF.VELOPMENT I.IMITED
Trn$tees' Responslbllltle•
The tnL8t¢¢s arc r¢quirol WMl¢rthe Clwities Ad 1993 toprqwe rim￿181 5th*ments f￿￿(h fin8n¢ial
year which giva% a true aThJ fair view of thc Chw"Iys financiaj activiiiu during th¢ year arml of iti
financial t￿￿81110n at the ¢￿1 of the ycar. in prcpArill8 flnllncial Sthl¢mcnts giving a Iruc and fait vicw.
the InLSt¥Ys thwld follow pTxii¢e and.
*) ￿le￿ suitable accountiD8 policils and wly them Co￿]S1¢￿tly.
b) m￿¢ e*irna¢e4 are rtawnablc •od pnthL
¢1 sla¢¢Whcth￿ a&Wicablca¢¢ouniitiBstarMlwd sand wwrnents of rccommcndcd praaice havc
twi followed subjecl to any (kPartsw￿ discloscd explain￿ in thc finwKial statements.
dl prepare the financial stalcmentson a8oinBconccrn bui$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 fina￿12] 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 dE￿10n of fra￿1 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¢s￿nsibl¢ 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 Pr￿d￿re5 s￿lf1￿ 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¢ord￿l¢¢ 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 wlththL￿rC¢ofds. Italso I￿lU￿1 LIY￿Idera11On ofany wiwual it¢msordi5closurrs
in the ac¢outhts and seeking explattailo￿ ftom you ￿ trwiees ¢onc¢rning h¢)y such m￿￿9. Th¢
pr￿edureS 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 Ex*tyl*Efs' 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 wIth￿countIn￿reCwthafidlo¢OTnP1yWith thac¢oun¢irhB requ1ren￿ts of the A¢i hove
2) iovthi¢h. in myopinion att¢A¢iM sF#yJld bedrnwn in othto ¢nabl¢toproper U￿r￿in8
ofthe acco￿ty 10 be rexlKd.
Maxw¢ll char*1￿ Ccrtificd Accounl8nts
Firn Ftth)r 459 Fin¢hky HarnpS￿d
tx¥ttht). En8iand
NW3 6HN
P8¥c5of8

S1￿CERE EDUCATION & CULTURAL DEVEI.OPMW.NT LIMITF.D
I￿orne & Ex￿￿lIUr¢ 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 eX￿LI¢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#lll*g due vAthln gn¢ y¢*r
5.114
Nel eurr¢Dt wtts
1.482
Totsl ossets les5 curr¢nt li•bilties
1.482
Credlion: f*lllDg due *fter one year
Net
1.482
Funds of the ¢h*rlty
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¢ Comr*ni¢s Act 2(1)6 Yelatin8 to Im￿1 ¢¥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¢ fIn￿la1 sta*ments on •pwovtyl by thc tru5tses and authDr1S￿ issye WMI
sI￿￿d on th¢ir l￿wIf 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 ACCOU￿En8 C￿￿ntIon
The accounts arc prepar¢d urmkr the hislorical C￿1 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 r￿0￿1Zed 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 Govern*n¢¢ costs associat&l with ¢harity. Mox of athninisNive jobs are done
on Volwit￿ E4sts ix. free of to￿ excw A￿OUntants 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 a￿1 5ub5t51enee
Motor expenses
Servict char8es
1.152.(a>
30.(KI
315.￿}
696.Th)
68.(X)
149.
157.
iio.
756.(
Srariotw and wintin
subscri￿1£
Software
A¢counw)cy fee5
AdvertisiDg atMI PR
12(X).¢KI
886.
31X)
365
Page 8 of 8