OpenCharities

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2022-03-31-accounts

BlSh 31
aance eet as a March 2022 2022 2021
Unrestricted Unrestricted
funds funds
Fixed assets
Sound and public address system 948 1,420
Current assets
Stock 1,688 1,223
Debtors 9,994 9,424
Cash at bank 39,189 38,430
Cash in hand 57 57
Total current assets 50,928 49,134
less:
Current
liabilities
Trade creditors - amounts falling due within one year 3,139 4,177
Accrued expenses 8,588 9,241
Total current liabilities 11,727 13,418
Net current assets 39,201 35,717
Total assets 40,149 37,13?
Charity's
Funds:
Designated
Special purposes
fund
Balance brought
forward
from Last Year 2,195 2,195
Received for the period to31March 2021 750 750
2,945 2,945
Unrestricted
funds
Balance brought forward from Last Year 34,191 28,066
Surplus for the period to31March 202S 3,013 6,126
37,204 34,192
Total Unrestricted
Funds
40,149 37,137

Statemen t of Financial Activities forthe year ended 31March 2022
2022 2021
Total Total
Unrestricted Unrestricted
funds funds
f E
Income
Donations 1,500 1,610
Grant 4,425 5,000
Membership subscriptions 1,939 1,440
Fundraising 0 300
Tution, Training and match fees 16,958 12,036
Sponsorship 0 400
Interest 1 2
Otherincome 2,735 1,518
Total income 27,558 22,306
Expenditure
Venue hire and rental 0 0
Teaching and coaching costs 13,482 9„659
Awards events and activity costs 0 0
Printing
and
publication 2,177 1,885
Insurance 680 685
Equipment Purchases from Grant 4,130 0
Depreciation 472 472
Administration 3,604 3,479
Total expenditure 24,545 16,180
Net income forthe period to31March 2022 3,013 6,126
Unrestricted funds b/fd 37I137 31,011
Unrestricted funds carried forward as at31March 2022 40,149 o,137

2022 2021
Note 1 The charity was formed on 11February 2019to continue all the activities and
events and take over the assets and Babilities previously carried out by ITC
Tamil Centre registered
with Companies
House, Company Number 4217416.
The assets and liabilities ofthe company taken over by the charity were:
6 6
Fixed assets - Sound and public address system 948 1,420
Current asstes
Stock ofbooks 1,688 1223
Debtors due within one year 9,994 9,424
Cash at bank and in hand 39,246 38,487
Current
liabilities
Creditors due within one year (3,139) (4,177)
Accrued expenses (8,588) (9,241)
Surplus funds 40,149 37,137
Note 2 The accounts ofthe charity have been prepared under the accruals concept
and in accordance with the Charities Act.
There are four divisions
within the charity:
Tamil Centre
Kingston
Tamil School
Youth Sports Club
Fine Arts
Note 3 Fixed assets - Sound and public address system f 6
Net BookValue 8/Fd on 01April 2021 1,420 1,892
Additions
in the year to 31March 2022
0 0
1,420 1,892
Less: Depreciation (472) (472)
Net BookValue as at31March 2022 948 1,420
Note 4 Current assets f f
Stock ofbooks 1,688 1,223
Debtors due within one year 9,994 9,424
Cash at bank:
Kingston
Tamil School
5,756 6,519
Tamil Centre 13,509 11,935
Youth Sports Club 16,098 16,017
Fine Arts 3,826 39,189 3,960 38,430
Cash in hand:
Kingston
Tamil School
50 50
Youth Sports Club 7 7
Fine Arts 0 57 0 57
Total current assets at31March 2022 50,928 49,134