CHARrrY REGISTRATION NUMBER.. 1183657 Centro Galego De Londres Social & Cultural Charity Unaudited Financial Statements 31 March 2024 N.K.TING & CO Accountants and Chartered Tax Adviser 10 Chester Drive North Harrow Middlesex HA2 7PU
Centro Galego De Londres Social & Cultural Charity Financial Statements Year ended 31 March 2024 Trustees, annual report Independent examinerfs report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements Page
Centro Galego De Londres Social & Cultural Charity Trustees. Annual Report Year ended 31 March 2024 The Iruslees present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. Reference and admlnistrativg detail$ Registered charity narne Charity registratlon number Princlpal office Centro Galego De Londres Social & Cultural Charity 1183657 867 HARROW ROAD NW10 5NG ENGLAND The trustees MR N MINO MR A CARRERA MR R L FERNANDEZ MRS J.O.A MARIA Independent examiner MRNKTING 10 Chester Drive North Harrow Middlesex HA2 7PU Structure, governance and management The Charity al The Iruslees shall be the goveming body of the Charity and shall comprise five members or such number as the trustees shall from lime lo lime determine and shall be comprised of at least the following secretary of minutes. posts. chairman, treasurer, deputy chairman, secretary general and Obje¢tlves and activities The objects of the charity I'lhe objecls'l are.. 1) To encourage and promote the Galician culture. solidarity and language. 21 To act as a club and centre for all Galicians resident in the United Kingdom. 31 To establish friendship and other relations with other Galician cenlres and Associations in any part ol the world and with any other Spanish associ81ions in the UK so as to promote, exchange and maintain Galician culture.
Centro Galego De Londres Social & Cultural Charity Trustees. Annual Report (Continued) Year ended 31 March 2024 Achievements and performanee During the year ended 31 sl March 2022, the Charity promoted and provided facilities for members and associate to Ljse the facilities al 867 Harrow Road, London NW10 5NG, eg Pool table usage and meeting place The charity also negolialed and provided members lo use the facililes at the Centro Galego Tapas Bar Restaurant which was operated by third party and obtain discount for the meals al the reslaufftnl. Flnancial revlew The Iruslees must apply the income and, al their discretion, all or part of the capit81 of the charity in furthering the objects. In addition lo any other powers they have, the Iruslees may exercise any of the following powers In order lo further the objects Ibul not for any other purposello raise funds. The Iruslees. annual report was approved on 12 February 2025 and signed on behalf of the board of Iruslees by". MR N MINO Trustee Charity Secretary
Centro Galego De Londres Social & Cultural Charity Independent Examiner's Roport to the Trustees of Centro Galego De Londres Social & Cultural Charity Year ended 31 March 2024 I report lo the Iruslees on my examination of the financial statements of Centro Galego De Londres Social & Cultural Charity I'lhe charily'l for the year ended 31 March 2024. Responsibilities and basis of report As the Iruslees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 20111'the Act'}. I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come lo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act., or the financial statements do not accord with those records., or the financial statements do not comply with the applicable requirements concerning the form ancl conlenl of accounts sel out in the Charities (Accounts and Reports) Regu181ions 2008 other than any requirement that the accounts grnie a 'lrue and fairf view which is not a maller considered as part of an independent examination. I have no concerns and have come across no other mallers in connection with tho examination lo which allenlion should be clrawn in this report in order lo enable a proper understanding of the accounts lo be reached. MRNKTING Independent Examiner 10 Chester Drive North Harrow Middlesex HA2 7PU
Centro Galego De Londres Social & Cultural Charity Statement of Financial Activities Year ended 31 March 2024 2024 Unrestn'cted funds Total funds 2023 Income and endowments Donations and legacies Other trading 2clivilies Total incomo Note Total fun(Js 1,250 45,740 1,250 45,740 46,990 125 21,580 21,705 46,990 Expenditure Expenditure on raising funds.. Costs of raising donations and legacies Costs of other trading activities Expenditure on charitable activities Total expenditure 32,395 9,231 11.920 32,395 9.231 11,920 53,546 1,081 36,835 53,546 37,916 Net expenditure and net rnovemont in funds 16,5561 16,5561 {16,211) Reconciliation of funds Total funds brought fOnard Total funds carried forward 33,191 33,191 26,634 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. 49,402 33,191 26,635 The notes on pages 6 to 9 form part ot tt7ese financial $tatemefits.
Centro Galego De Londres Social & Cultural Charity Statement of FinanGial Position 31 March 2024 2024 2023 Current assets Debtors Cash al bank and in hand Note 12 10,000 44,825 2,760 46,921 49,681 54,825 Creditors.. amounts falling due within one year Net current assets Total assets less current liabilities Net assets 13 28,190 16,490 33,191 26,635 26.635 26,635 33,191 33,191 Funds of the charity Unreslricled funds Totsl charity funds 26.635 33,191 26,634 33,191 These financial statements were approved by the board of trustees and authorised for issue on 12 February 2025, and are signed on behalf of the board by.. 14 MR N MINO TrLJslee The notes on pages 6 10 9 form part of these financial statements.
Centro Galego De Londres Social & Cultural Charity Notes to the Financial Statements Year ended 31 March 2024 General infomiation The charity is a public benefit enlily and a registered charity in England and Wales and is unincorporated. The address of the principal office is 867 HARROW ROAD, NW19 5NG. ENGLAND. statement of Compliance These finsncial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK anoj Republic of Ireland (FRS 1021 (Charities SORP {FRS 10211 and the Charities Act 2011. Accounting policies Basis of preparation The financial slalemenls have been prepared on the historical cost basis, as modified by the revalu21ion ol certain financi21 assets and liabilities and investment properties measured al fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity, Going concern There are no material uncertainties about the charity's ability lo continue. Judgements and key sources of estimation uncertalnty The preparation of the financial slalemenls requires management lo make judgements, eslimales and assumptions that affect the amounts reported. These eslimales and judgements are continually reviewed and are based on experience 2nd other factors, including expectations of future events that are believed lo be reasonable under thè circumstances. Fund accounting Unreslricled funds are available for use al the discretion of the Iruslees to further any of the charity's purposes. Designated funds are unreslricled funds earmarked by the Iruslees for particular future project or commitment. Restricted funds are subjected to reslriclions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds.
Centro Galego De Londres Social & Cultural Charity Notes to the Financial Statements (contlnuedj Year ended 31 March 2024 Accounting policies (contltrjued) Incoming resources All incoming resources are included in the slalemenl of financial activities when enlitlemenl has passed lo the charity", il is pmbable that the economic benefits associated with the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied to paffj'cular categories of income. income from donations or grants is recognised when there is evidence of enlillernenl lo the gift, receipt is probable and ils amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. Income from donated goods is measured at the fair value of the goods unless this is impractical lo measure reliably, in which case the value is derived from the cost lo the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from conlmcts for the supply of services is recognised with the delivery of the contracted service. This is classified 8s unreslricled funds unless there is a conlraclual requirement for il lo be spent on a particular purpose and returned if unspent, in which case il may be regarded as reslricled. Resources expended Expenditure ig recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under heaLlin9s of the statement of financial activities lo which il relates-. expenditure on raising funds includes the costs of all fundraising aclivilies, events, non-charitsble trading activities, and the sale of donated go¢xls. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further ils charitable aims for the benefit of ils beneficiaries, including those support costs and Costs relating lo the governance of the charity apporboned lo charitable aclivilies. other expenrJilure includes all expenditure th21 is neither related to raising funds for the charity nor part of ils expenditure on chari18ble activities. All Costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attribu18ble lo a single activity are allocated directly lo that aclivily. Shared costs 8re apportioned between the activities they contribute lo on a reasonable, justifi'able and consistent basis. Donations and legacies Unreslricled Total Funds Unreslricte(J Total Funds Funds 2024 Funds 2023 Subscriptions Subscriptions type 1 1,250 1,250 125 125
Centro Galego De Londres Social & Cultural Charity Notes to the Financial Statements fcontinuedj Year ended 31 March 2024 oth9r trading a¢tiYities Unrestricted Total Funds Unreslricled Totsl Funds Funds 2024 Funds 2023 Letting and licensing 45,740 45,740 21,580 21,580 Costs of raising donations and legacles Unrestricted FLJnds Restricted Total Funds Funds 2024 Costs of raising donations and leg£cies - Donations Costs of raising donations and legacies - Other type 1 32,395 32,395 32.395 32,395 Unreslricled Funds Reslricled Total Funds Funds 2023 Costs of raising donations and legacies - Donations Costs of raising donations and legacies - Other type 1 1,081 1,081 1,081 1.081 Costs of other tradlng activities Unreslricled Total Funds Unreslricled Total Funds Funds 2024 Funds 2023 Costs of other trading activities Staging events 9,231 9,231 Expenditure on charitable activitles by fund type Unresliicled Funds Reslriclecl Total Funds Funds 2024 Aclivlty type 4 11,920 11,920 Unrestricted Funds Restricted Total Funds Funds 2D23 Activity type 4 36,835 36.835 Expenditure on charitable activities by activity typg Activities undertaken Total funds direcuy 2024 Total fund 2023 Activity type 4 11,920 11.920 36,835
Centro Galego De Londres Social & Cultural Charity Notes to the Financial Statements (continued) Year ended 31 March 2024 10. Staff eosts The average head count of employees during the year was Nil12023.. Nill. No employee received employee benefi'ts of more than £60,000 during the year12023.. Nill. 11. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.. or 12. Debtors 2024 2023 Trade debtors Other debtors 10,000 2,760 10,000 2,760 13. Crgdltors: amounts falling due within one year 2024 2023 Accruals and deferred income Other creditors - desc in alcs 3,000 25.190 16,490 28.190 16,490 14. Analysis of charitable funds Unrestricted funds Al 1 April 2023 At 31 March 202 Income Expenditure General fvnds 33,191 46.990 153,5461 26,635 At 1 April 2022 Al 31 March 202 Income Expenditure General funds 49,402 21,705 137,9161 33.191