2023-07-30-accounts

CHARITY NUMBER: 1184503

ORGANISATION OF CULTURE AND CHARACTER

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JULY 2023

ORGANISATION OF CULTURE AND CHARACTER INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

CONTENTS

Approval Statement Receipts and Payments Account Statement of Assets and Liabilities	PAGE 1 2 3

ORGANISATION OF CULTURE AND CHARACTER

APPROVAL STATEMENT

Accountant's Report

In accordance with your instructions as based on the books, records, information and explanation you have provided, we have prepared year end accounts for the year ended 31 December 2023. These year end accounts are in accordance with generally acceptable accounting practice. However we have not undertaken an audit of these statements.

Clients Approval Certificate

We approve these accounts which comprise the Receipts and Payments Account, the Statement of Assets and Liabilities. We acknowledge our responsibility for the accounts and for providing all the information and explanations necessary for their compilation.

-----------------------------------------Khayam Khan (Chair)

Sobaan Riaz

---

Accountants:

Digitus Accountancy Telephone: [phone] Mobile No: 07799 625 037 www.digitus-accountancy.com [e-mail] Registered office: 363A Dunstable Road, Luton. Beds. LU4 8BY Registered in England and Wales. Company No: 07203058

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ORGANISATION OF CULTURE AND CHARACTER BALANCE SHEET AS AT 31 JULY 2023

Notes FIXED ASSETS 1 CURRENT ASSETS Other debtors 2 Cash at bank CREDITORS - Amounts due within 1 year 3 NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS - Due after 1 year 4 Total net assets Represented by Profit and loss reserve 5	1,114,470 43,000 20,995 (14,360) 49,635 1,164,104 - 1,164,104 1,164,104 1,164,104 2023	1,114,470 43,000 20,995 (14,360) 49,635 1,164,104 - 1,164,104 1,164,104 1,164,104 2023	11,837 - 177,904 (18,200) 159,704 171,541 - 171,541 171,541 171,541 2022	11,837 - 177,904 (18,200) 159,704 171,541 - 171,541 171,541 171,541 2022
				171,541
				-
				171,541
				171,541
				171,541
The director states that:

The accounts were approved by the board of trustees on the 05 October 2024.

--------------------------------------------- Trustees Khayam Khan (Chair) --------------------------------------------- Trustees Sobaan Riaz

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ORGANISATION OF CULTURE AND CHARACTER INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JULY 2023

INCOME	2022/23	2021/22
Donations	1,426,861	279,552
Total Receipts	1,426,861	279,552
EXPENSES
Donations Admin expenses Total Payments Net Income Total funds brought forward	373,318 60,980 434,297 992,563 171,541 1,164,104	212,768 - 212,768
		66,784 104,757
		171,541

ORGANISATION OF CULTURE AND CHARACTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDING JULY 31,2024

ACCOUNTING POLICIES

The following accounting policies have been used consistently in dealing with items which are considered material in relation to the company’s accounts.

a) Basis of Accounting

Accounts are prepared on the historical cost basis of accounting.

b) Depreciation

Depreciation is calculated so as to write off the full cost of tangible fixed assets at the following annual rate: Fixtures, Fittings and Equipment 20% on a reducing balance basis

d) Turnover

Turnover represents the takings as security providers and is stated exclusive of value added tax.

e) Cash Flow Statement

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from producing a cash flow statement on the grounds that it is a small company.

1. TANGIBLE ASSETS

Cost: As at 1 August 2022 Additions Disposals As at 31 July 2023 Accumulated Depreciation As at 1 August 2022 Depreciation for the Year Depreciation on Disposals As at 31 July 2023 Net Book Value at 31 July 2022 Net Book Value at 31 July 2023		Fixtures, Fittings & Equipment £ 15,251 - -	Motor Vehicle £ 13,000 - -	Plant & Machinery - - -	Freehold Premises £ - 1,105,000 - 1,105,000 - - - - - 1,105,000	Total £ 28,251 1,105,000 -
		15,251	13,000	-		1,133,251
		9,914 1,067 -	6,500 1,300 -	- - -		16,414 2,367 -
		10,981	7,800	-		18,781
		5,337	6,500	-		11,837
		4,270	5,200	-		1,114,470

ORGANISATION OF CULTURE AND CHARACTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDING JULY 31,2024

2.) OTHER DEBTOR Trade Debtors		2023 £ 68,000		2022 £ -
		68,000		-
3.) CREDITORS Due within one year Accountancy Other Creditors 4.) CREDITORS Due after one year Bank Loan - 5.) PROFIT AND LOSS ACCOUNT As at 1 August 2022 Profit/(Loss) for the Year		2023 £ 840 13,520 14,360 2023 £ - - - 2023 £ 171,541 992,563 1,164,104		2022 £ - 18,200
				18,200
				2022 £ - -
				-
			2022 £ 66,784 104,757
			171,541

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