REGISTERED COMPANY NUMBER: 11207385 (England and Wales) REGISTERED CHARITY NUMBER: 1181563
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 28 February 2025
for
West London Turkish Volunteers Ltd
Alton & Co Chartered Accountants 239-241 Kennington Lane London SE11 5QU
West London Turkish Volunteers Ltd
Contents of the Financial Statements for the year ended 28 February 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 to 6 |
| Notes to the Financial Statements | 7 to 12 |
| Detailed Statement of Financial Activities | 13 to 14 |
West London Turkish Volunteers Ltd
Report of the Trustees for the year ended 28 February 2025
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 28 February 2025. 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's main objectives are (1) The advancement of education of children by the provision of educational support, in particular but not exclusively by providing a supplemental homework school that offers support to children to enhance their understanding and practice of turkish language and history.(2) The advancement of education about all aspects of turkish arts, culture and heritage, in particular by organising special days of celebration and the promotion of annual festivals to that end.(3) To provide social activities to the benefit of all members of the public.
Volunteers
We are dependent on our wonderful team of volunteers. From time to time we have volunteering opportunities in all areas of our Charity. We hope that you would like to support us. There are a few ways how you can make a difference to your local community:
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Volunteer or take part in certain projects and activities where we need help from volunteers.
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Contribute and share your knowledge, experience, skills by offering your specific services.
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Donations (one off or regular monthly).
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Become a Member of our Charity.
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
11207385 (England and Wales)
Registered Charity number
1181563
Registered office
Rear of 670 Hanworth road Hounslow TW4 5NP
Trustees
Mr B Gurkan Company Director Mr E Ozdemir Secretary Mr H Karakaya Business Man Mr S Oktay Construction Mr O Kalkan Business Man
Page 1
West London Turkish Volunteers Ltd
Report of the Trustees for the year ended 28 February 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Mr A Kemal FCA FCCA Alton & Co Chartered Accountants 239-241 Kennington Lane London SE11 5QU
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
25/06/2025 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
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.................................................................
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................................................................. Mr B Gurkan - Trustee
Page 2
Independent Examiner's Report to the Trustees of West London Turkish Volunteers Ltd
Independent examiner's report to the trustees of West London Turkish Volunteers Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 28 February 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company 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 accounts 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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts 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 accounts to be reached.
Mr A Kemal FCA FCCA
Alton & Co Chartered Accountants 239-241 Kennington Lane London SE11 5QU
Date: .............................................
Page 3
West London Turkish Volunteers Ltd
Statement of Financial Activities for the year ended 28 February 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 343,153 Other trading activities 2 (8,770) Total 334,383 EXPENDITURE ON Other 156,212 NET INCOME 178,171 RECONCILIATION OF FUNDS Total funds brought forward 683,900 TOTAL FUNDS CARRIED FORWARD 862,071 |
2024 Total funds £ 503,109 - |
|---|---|
| 503,109 | |
| 118,836 | |
| 384,273 299,627 |
|
| 683,900 |
The notes form part of these financial statements
Page 4
West London Turkish Volunteers Ltd
Statement of Financial Position 28 February 2025
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 10 NET ASSETS FUNDS 12 Unrestricted funds TOTAL FUNDS |
2025 Unrestricted fund £ 1,200,570 1,445 40,080 41,525 (4,427) 37,098 1,237,668 (375,597) 862,071 862,071 862,071 |
2024 Total funds £ 160 470,852 215,242 686,094 (2,354) 683,740 683,900 - 683,900 683,900 683,900 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
West London Turkish Volunteers Ltd
Statement of Financial Position - continued 28 February 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 25/06/2025 ............................................. and were signed on its behalf by:
............................................. Mr B Gurkan - Trustee
The notes form part of these financial statements
Page 6
West London Turkish Volunteers Ltd
Notes to the Financial Statements for the year ended 28 February 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost Plant and machinery - 25% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 7
West London Turkish Volunteers Ltd
Notes to the Financial Statements - continued for the year ended 28 February 2025
| 2. OTHER TRADING ACTIVITIES Fundraising events 3. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets 4. TRUSTEES' REMUNERATION AND BENEFITS |
2025 £ (8,770) 2025 £ 20,457 |
2024 £ - |
|
|---|---|---|---|
| 2024 £ 53 |
|||
There were no trustees' remuneration or other benefits for the year ended 28 February 2025 nor for the year ended 29 February 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 28 February 2025 nor for the year ended 29 February 2024.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| Trustees | 5 | 5 | |
| No employees received emoluments in excess of £60,000. | |||
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | |
| Unrestricted | |||
| fund | |||
| £ | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 503,109 | ||
| EXPENDITURE ON | |||
| Other | 118,836 | ||
| NET INCOME | 384,273 |
continued...
Page 8
West London Turkish Volunteers Ltd
Notes to the Financial Statements - continued
for the year ended 28 February 2025
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 7. TANGIBLE FIXED ASSETS Freehold property £ COST At 1 March 2024 - Additions 1,220,867 At 28 February 2025 1,220,867 DEPRECIATION At 1 March 2024 - Charge for year 20,417 At 28 February 2025 20,417 NET BOOK VALUE At 28 February 2025 1,200,450 At 29 February 2024 - 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Prepayments |
Plant and machinery £ 900 - 900 740 40 780 120 160 2025 £ - 1,445 1,445 |
Unrestricted fund £ 299,627 683,900 Totals £ 900 1,220,867 1,221,767 740 20,457 21,197 1,200,570 160 2024 £ 470,000 852 470,852 |
|
|---|---|---|---|
Other debtors nil (2024: £470,000.00 is the deposit paid to the Linden Hill Capital Homes KUPG Prop Limited towards the acquisition of The Community Centre at 240 Powder Mill Lane,Twickenham TW2 6EJ.
continued...
Page 9
West London Turkish Volunteers Ltd
Notes to the Financial Statements - continued for the year ended 28 February 2025
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| £ | £ | ||||
| Trade creditors | 3,287 | 1,934 | |||
| Accrued expenses | 1,140 | 420 | |||
| 4,427 | 2,354 | ||||
| 10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN | ONE YEAR | |||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Bank loans (see note 11) | 375,597 | - | |||
| 11. | LOANS | ||||
| An analysis of the maturity of loans is given below: | |||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Amounts falling due in more than five years: | |||||
| Repayable otherwise than by instalments: | |||||
| Bank loans more 5 yrs non-inst | 375,597 | - | |||
| 12. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1/3/24 | in funds | 28/2/25 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 683,900 | 178,171 | 862,071 | ||
| TOTAL FUNDS | 683,900 | 178,171 | 862,071 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 334,383 | (156,212) | 178,171 | ||
| TOTAL FUNDS | 334,383 | (156,212) | 178,171 |
continued...
Page 10
West London Turkish Volunteers Ltd
Notes to the Financial Statements - continued for the year ended 28 February 2025
12. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/3/23 | in funds | 29/2/24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 299,627 | 384,273 | 683,900 |
| TOTAL FUNDS | 299,627 | 384,273 | 683,900 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 503,109 | (118,836) | 384,273 |
| TOTAL FUNDS | 503,109 | (118,836) | 384,273 |
| A current year 12 months and prior year 12 months combined position is as | follows: | ||
| Net | |||
| movement | At | ||
| At 1/3/23 | in funds | 28/2/25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 299,627 | 562,444 | 862,071 |
| TOTAL FUNDS | 299,627 | 562,444 | 862,071 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 837,492 837,492 |
Resources Movement expended in funds £ £ (275,048) 562,444 (275,048) 562,444 |
|---|---|---|
continued...
Page 11
West London Turkish Volunteers Ltd
Notes to the Financial Statements - continued for the year ended 28 February 2025
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 28 February 2025.
Page 12
West London Turkish Volunteers Ltd
| Detailed Statement of Financial Activities for the year ended 28 February 2025 INCOME AND ENDOWMENTS Donations and legacies Donations Grants Other trading activities Fundraising events Total incoming resources EXPENDITURE Other Rent Hire of classrooms and venue Festival expenses Kitchen and catering expenses Support costs Management Rates and water Insurance Light and heat Telephone Sundries Repairs and maintenance Advertising and promotion IT support and website costs Office expenses Books for Kids Other community support gifts Foods for children in need Earthquake donations Legal and professional fees Sharing wonders home page humanitarian charity Helping UK companies donate furniture Carried forward |
2025 £ 343,153 - 343,153 (8,770) 334,383 34,200 14,595 22,916 1,230 72,941 2,924 3,880 - 791 34 8,816 92 237 686 483 - 2,435 - 10,285 - - 30,663 |
2024 £ 502,109 1,000 |
|---|---|---|
| 503,109 - |
||
| 503,109 36,969 22,166 3,138 547 |
||
| 62,820 2,795 1,914 163 717 13 2,590 1,224 1,016 1,999 1,042 3,074 1,085 7,775 5,644 5,700 556 37,307 |
This page does not form part of the statutory financial statements
Page 13
West London Turkish Volunteers Ltd
Detailed Statement of Financial Activities for the year ended 28 February 2025
| Detailed Statement of Financial Activities for the year ended 28 February 2025 |
||
|---|---|---|
| Management Brought forward Events for charity Southern regional college fundraising Finance Bank charges Credit charges Freehold property Plant and machinery Bank loan interest Governance costs Accountancy Total resources expended Net income |
2025 £ 30,663 2,333 236 33,232 433 609 20,417 40 26,500 47,999 2,040 156,212 178,171 |
2024 £ 37,307 16,334 - |
| 53,641 550 512 - 53 - |
||
| 1,115 1,260 |
||
| 118,836 | ||
| 384,273 |
This page does not form part of the statutory financial statements
Page 14