**CHARITY NUMBER: 1184503** ## **ORGANISATION OF CULTURE AND CHARACTER** ## **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED** **31 JULY 2024** ## **ORGANISATION OF CULTURE AND CHARACTER INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024** ## 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 July 2024. 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 2024** |**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|1,980,282
114,184
39,239
(840)
152,582
2,132,864
-
**2,132,864**
2,132,863
**2,132,863**
**2024**|1,980,282
114,184
39,239
(840)
152,582
2,132,864
-
**2,132,864**
2,132,863
**2,132,863**
**2024**|1,114,470
43,000
20,995
(14,360)
49,635
1,164,105
-
**1,164,105**
1,164,104
**1,164,104**
**2023**|1,114,470
43,000
20,995
(14,360)
49,635
1,164,105
-
**1,164,105**
1,164,104
**1,164,104**
**2023**| |---|---|---|---|---| |||||| |||||1,164,105| |||||-| |||||**1,164,105**| |||||1,164,104| |||||**1,164,104**| |The director states that:||||| The accounts were approved by the board of trustees on the 08 January 2025. --------------------------------------------- Trustees Khayam Khan (Chair) --------------------------------------------- Trustees Sobaan Riaz 5 ## **ORGANISATION OF CULTURE AND CHARACTER INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JULY 2024** |**INCOME**|**2022/23**|**2021/22**| |---|---|---| |Donations|1,583,522|1,426,861| |||| |**Total Receipts**|**1,583,522**|**1,426,861**| |||| |**EXPENSES**||| |||| |Donations
Admin expenses
Professional & Consultancy Fees|502,567
50,297
28,110|373,318
60,980
-| |Premises Costs|33,789|-| |**Total Payments**
Net Income
Total funds brought forward|**614,763**
968,759
1,164,104
2,132,863|**434,298**| |||992,563
171,541| |||1,164,104| |||| ## **ORGANISATION OF CULTURE AND CHARACTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDING 31 JULY 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 2023
Additions
Disposals
As at 31 July 2024
**Accumulated Depreciation**
As at 1 August 2023
Depreciation for the Year
Depreciation on Disposals
As at 31 July 2024
**Net Book Value at 31 July 2023**
**Net Book Value at 31 July 2024**||**Fixtures,**
**Fittings &**
**Equipment**
**£**
15,251
-
-|**Motor**
**Vehicle**
**£**
13,000
-
-|**Plant &**
**Machinery**
-
-
-|**Freehold**
**Premises**
**£**
1,105,000
867,706
-
1,972,706
-
-
-
-
**1,105,000**
**1,972,706**|**Total**
**£**
1,133,251
867,706
-| |---|---|---|---|---|---|---| |||15,251|13,000|-||2,000,957| |||10,981
854
-|7,800
1,040
-|-
-
-||18,781
1,894
-| |||11,835|8,840|-||20,675| |||**4,270**|**5,200**|**-**||**1,114,470**| |||**3,416**|**4,160**|**-**||**1,980,282**| ## **ORGANISATION OF CULTURE AND CHARACTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDING 31 JULY 2024** |**2.) OTHER DEBTOR**
Trade Debtors||**2024**
**£**
114,184||**2023**
**£**
43,000| |---|---|---|---|---| |||**114,184**||**43,000**| |**3.) CREDITORS**
Due within one year
Accountancy
Other Creditors
**4.) CREDITORS**
Due after one year
Bank Loan
-
**5.) Income and Expenditure**
As at 1 August 2023
Profit/(Loss) for the Year||**2024**
**£**
840
-
**840**
**2024**
**£**
-
-
**-**
**2024**
**£**
171,541
968,759
**1,140,300**||**2023**
**£**
840
13,520| |||||**14,360**| |||||**2023**
**£**
-
-| |||||**-**| ||||**2023**
**£**
66,784
104,757|| ||||**171,541**|| |||||| 8