## British Community Council of Istanbul 

_Charity Registration Number 1182199_ Annual Report and Accounts for the year ended 31[st] December 2024 



British Community Council of Istanbul 

## Table of Contents 

Reference and Administrative Details .................................................................................................... 3 Trustees’ Report ...................................................................................................................................... 4 Structure, Governance and Management Governing document. ...................................................... 4 Organisation structure ........................................................................................................................ 4 Objects and Activities.......................................................................................................................... 4 Volunteers ........................................................................................................................................... 4 Achievement and Performance .......................................................................................................... 4 Financial Review .................................................................................................................................. 4 Reserves Policy .................................................................................................................................... 5 Public benefit Statement .................................................................................................................... 5 Ongoing and Future Activities ............................................................................................................. 5 Notes to the Accounts ........................................................................................................................ 7 

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British Community Council of Istanbul 

## Reference and Administrative Details 

**Charity Name** 

British Community Council of Istanbul (BCCI) 

**Charity registration Number** 1182199 **Registered & Principal Office** 279 Campkin Road Cambridge CB4 2LE **Trustees** Mr Charles Dunn, Chairman 

The Rev’d Jonathan Collis, Secretary 

Mr Patrick Litton, FCA, Treasurer Mr John Dovey – Mr Toby Duthie appointed 22[nd] July 2024 Mr Alec Marsh 

– Mr Jonathan Rugman appointed 29[th] April 2024 Mrs Victoria Short – retired 20th January 2024 Mr Michael Talbot Mr Michael Whitehead – retired 22[nd] January 2024 Ms Pat Yale 

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British Community Council of Istanbul 

## Trustees’ Report 

## Structure, Governance and Management Governing document. 

The Charity is a Charitable Incorporated Organisation, based on the model constitution provided by the Charity Commission for such vehicles. 

## Organisation structure 

The Charity has 9 trustees (maximum permitted: 9) based primarily in the UK or Turkey who are actively involved in the distribution of funds, the management of the Charity and ensuring that the Charity meets the requirements of a registered charity as defined by the UK's Charity Commission. 

## Objects and Activities 

The Objects of the Charity are set out in its constitution, as amended, on 2[nd] December 2019, namely: 

1. to relieve financial hardship, sickness, and distress amongst members of the British Community in Turkey and, at the Trustees' discretion, the wider community in Turkey; 

2. the advancement of education for the benefit of the British Community in Turkey in any way the Trustees see fit; and 

3. any charitable purposes for the benefit of British Community in Turkey as the trustees see fit from time to time. 

## Volunteers 

All the trustees of the Charity are unpaid volunteers. 

## Achievement and Performance 

The Charity continues to endeavour to relieve financial hardship, sickness, and poor health amongst British people resident in Turkey and support educational needs by way of overseas aid and providing human resources. 

## Financial Review 

During the year, the Charity received two sources of income: small amounts of interest on the current account and the majority from dividends and interest on our investments with the CCLA (in total, £14,124 (2023 £13,928). The Charity also benefited from unrealized gains on investments of £11,451 (2023: £43,315). 

The charity was pleased to continue to support a travel scholarship programme through the University of Greenwich which enables students, particularly those of disadvantaged backgrounds, to travel to Turkey to enrich their studies. 

We have also continued to support the Anglican Chaplaincy in Istanbul with its associated Refugee Project. We also supported the St Helena Chapel, which is structurally part of the British Consulate General in Istanbul. 

We were pleased to be able to support an event held at the Consulate General at which Bettany Hughes spoke to many invited guests from the British and wider Turkish Community which also served to make our activities more widely known there. 

The BCCI supports the annual costs of maintaining the Protestant Cemetery in Istanbul along with four other nations. This year, we paid the German Consulate (the management rotates among the five original founder nations) £815. However, we accrued our 2023 contribution (US$1,0000) which was not requested. This accrual was released against the cash payment. In 2022 we paid out £850. 

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British Community Council of Istanbul 

## Reserves Policy 

The Charity maintains sufficient unrestricted funds to service the ongoing requirements of the Charity for at least the following twelve months. 

## Public benefit Statement 

The Trustees confirm that they have referred to the Charities Commission's guidance on public benefit when reviewing the Charity's aims, objectives and activities and are satisfied that they fully meet it. 

As expressed in the public benefit framework for Charities as below, being a 'charity' implies an institution which is subject to the control of the High Court in England & Wales and is established for charitable purposes only. 

There are defined requirements, both negative and affirmative, for an activity to be considered a public benefit. Listed below are the requirements, noting the use of the legal imperative ‘must,’ and not merely the best practice encourager ‘should.’ 

The charity must be actively well run, for public benefit, and the activities reported upon publicly. 

## Benefit is required to: 

- be identifiable 

- be capable of being proved by evidence where necessary 

- be not based on personal views 

- affect the public in general, or a sufficient section of it 

- ensure that any detriment or harm that results from the purpose does not outweigh the benefit 

- not give rise to more than incidental personal benefit 

The BCCI Trustees confirm that we have undertaken our review in the light of the public benefit guides when making our decisions to which they are relevant. 

Public benefit: the public benefit requirement (PB1) Public   benefit:   running   a   charity (PB2) Public benefit: reporting (PB3) 

## Ongoing and Future Activities 

To continue to: 

- 1) provide relief for eligible individuals, generally with British connections, who have fallen on hard times and between state systems. 

- 2) Ad hoc support for social schemes in line with our charitable Objects. 

Approved by the board on XX January 2025 and signed on their behalf by: 

............................................ 

Mr H C Dunn (Chairman) 

Date: 13[th] January 2025 

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British Community Council of Istanbul 

## **British Community Council** 

## **Annual Accounts for the year ended 31st December** 

|**Statement of Income & Expenditure**||Total Funds|Total Funds|
|---|---|---|---|
|||(Unrestricted)|(Unrestricted)|
|||**2024**|**2023**|
||**Note**|£|£|
|**Incoming resources**||||
|Incoming resources from generated funds||||
|Investment income|**1**|14,124|13,928|
|Total incoming resources||14,124|13,928|
|**Resources expended**||||
|Charitable activities|**2**|15,550|15,090|
|Governance costs|**3**|1,257|513|
|Total resources expended||16,807|15,603|
|**(Deficit)/ Surplus on income and expenditure**||(2,684)|(1,675)|
|**Reconciliation of funds**||||
|Total funds brought forward|**6**|506,544|464,905|
|Net movements in funds|**6**|(2,684)|(1,675)|
|Gains/(Losses) on Investments|**6**|11,451|43,315|
|**Total funds carried forward**||515,312|506,544|
|||Total Funds|Total Funds|
|||(Unrestricted)|(Unrestricted)|
|||**2024**|**2023**|
|**Balance sheet**||£|£|
|**Fixed Assets**||||
|Investments|**4**|518,367|506,916|
|**Current assets**||||
|Cash at Bank|**5**|7,564|6,047|
|Creditors|**7**|(10,619)|(6,419)|
|Net Current Assets||(3,055)|(372)|
|||||
|Total Net Assets||515,312|506,544|



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British Community Council of Istanbul 

## Notes to the Accounts 

## Accounting policies 

## _Basis of preparation_ 

The financial statements have been prepared on an accruals basis, under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, applicable accounting standards and the Charities Act 2011. 

## _Fund accounting policy_ 

Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity. 

## _Incoming resources_ 

Donations are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. 

Investment income is recognised on a receivable basis. 

## _Resources expended_ 

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. 

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. 

## _Governance costs_ 

Governance costs include the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters. 

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British Community Council of Istanbul 

## **British Community Council** 

## **Annual Accounts for the year ended 31st December** 

|**Notes to the Accounts**|Total Funds|Total Funds|
|---|---|---|
||(Unrestricted)|(Unrestricted)|
||**2024**|**2023**|
|**Note 1**|£|£|
|**_Investment Income_**|||
|Dividends from COIF Charities Investment Fund - Income Units|14,124|13,928|
||Total Funds|Total Funds|
||(Unrestricted)|(Unrestricted)|
|**Note 2**|**2024**|**2023**|
|**_Charitable Activities_**|£|£|
|**Grants**|||
|Annual Ferikoy FCO Contribution|15|800|
|Istanbul Chaplaincy|6,275|2,000|
|St Helena's Chapel|1,200|3,000|
|Levantine Heritage Foundation|3,000|-|
|Izmir Chaplaincy|-|3,350|
|Refugee Project|-|3,880|
|**Scholarships**|||
|Greenwich University Travel Scholarship|5,000|2,000|
|Bank Charges|60|60|
||15,550|15,090|
||Total Funds|Total Funds|
||(Unrestricted)|(Unrestricted)|
|**Note 3**|**2024**|**2023**|
|_Governance Costs_|£|£|
|Trustee Expenses|1,257|513|
||1,257|513|
|These expenses were incurred by the charity in pursuit of good governance in line with Charity Commission requirements|||
||Total Funds|Total Funds|
||(Unrestricted)|(Unrestricted)|
||**2024**|**2023**|
|**Note 4**|||
|COIF Charities Investment Fund - Income Units|506,916|506,916|
|The aim of the Income fund is to invest ethically in a range of investments to achieve a yield of approximately 3% plus some|||
|capital growth|||
||Total Funds|Total Funds|
||(Unrestricted)|(Unrestricted)|
||**2024**|**2023**|
||£|£|
|**Note 5**|||
|**_Current Assets_**|||
|CAF Cash|6,047|6,047|
|COIF Charities Deposit Fund|0|0|
||6,047|6,047|



The COIF Charities Deposit Fund is still shown as it contains £0.06. 

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British Community Council of Istanbul 

|**British Community Council**|Total Funds|Total Funds|
|---|---|---|
|**Annual Accounts for the year ended 31st December**|(Unrestricted)|(Unrestricted)|
||**2024**|**2023**|
|**Notes to the Accounts**|£|£|
|**Note 6**|||
|**Movements in Funds**|||



The Trustees have decided that it would be clearer to show the General Reserves, available for the charitable objectives of charity separately from the valuation gains and losses on the COIF Charities Investment fund. 

|**General Reserve**|||
|---|---|---|
|Opening General Reserves|394,941|396,616|
|Surplus/ (Deficit) for the year|(2,684)|(1,675)|
|Closing General Reserves|392,257|394,941|
|**Revaluation Reserve**|||
|Opening Valuation Reserve|||
|Opening balance|111,603|68,289|
|Gains/ (Losses) in value of investments|11,451|43,315|
|Closing Valuation Reserve|123,055|111,603|
|This represents changes in market value of the COIF Charities Investment Fund - Income Units|||
|Total funds brought forward|506,544|464,905|
|Net movements in funds|(2,684)|(1,675)|
|Gains/Losses on Investments|11,451|43,315|
|Total funds carried forward|515,312|506,544|



## **Note 7** 

Owing to Covid and its attendant lockdowns, a number of the charity's commitments were deferred, because projects could not go  ahead or bills were not presented for over a year.  In order to reflect these unpaid commitments, the Trustees decided in 2021 to move to an accruals basis. 

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