**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: 01582 55 55 72 Mobile No: 07799 625 037 www.digitus-accountancy.com info@digitus-accounatncu.com Registered office: 363A Dunstable Road, Luton. Beds. LU4 8BY Registered in England and Wales. Company No: 07203058 1 ## **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 5 ## **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**|| |||||| 8