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||Pages||
|---|---|---|
|Trustees' Annual Report|2 t|o 3|
|Independent Examiner's Report||4|
|Statement of Financial Activities||5|
|Summary Income and Expenditure Account||6|
|Balance Sheet||7|
|Statement of Cash flows||8|
|Notes to the Accounts|9 t o|14|
|Detailed Statement of Financial Activities|15 to|16|
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|**for the year ended 31 March **|**2021**||||
|---|---|---|---|---|
|||**Unrestricted**|||
|||**funds**|**Total funds**|**Total funds**|
|||**2021**|**2021**|**2020**|
||**Notes**|**E**|**E**|**E**|
|**Income and endowments**|||||
|**from:**|||||
|Donations and legacies|**4**|380|380|12,422|
|**Total**||380|380|12,422|
|**Expenditure on:**|||||
|Charitable activities|5|−||3,425|
|Other|6|334|334|8,992|
|**Total**||**334**|334|12,417|
|Net gains on investments||.....|||
|**Net income**||46|46|5|
|Transfers between funds|||||
|**Net income before other**|||||
|||46|46|5|
|**gains/(losses)**|||||
|**Other gains and losses**|||||
|**Net movement in funds**||46|46|5|
|**Reconciliation of funds:**|||||
|Total funds brought forward||5|5||
|**Total funds carried forward**||51|51|5|
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||**2021**|**2020**|
|---|---|---|
|Income|380|12,422|
|**Gross income for the year**|380|12,422|
|Expenditure|334|12,417|
|**Total expenditure for the year**|334|12,417|
|Net income before tax for the year|46|5|
|**Net income for the year**|46|5|
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|**Company No.**
**09973479**|**Notes**|**2021**|**2020**|
|---|---|---|---|
|**Current assets**||||
|Cash at bank and in hand||51|5|
|||51|5|
|**Net current assets**||51|5|
|**Total assets less current liabilities**||51|5|
|**Net assets excluding pension asset orliability**||51|5|
|**Total net assets**||51|5|
|**The funds of the charity**||||
|**Restricted funds**|8|||
|**Unrestricted funds**|8|||
|General funds||51|5|
|||51|5|
|**Reserves**|8|||
|**Total funds**||51|5|
||**2021**|**2020**|
|---|---|---|
||**E**|**E**|
|**Cash−flows from operating activities**|||
|**Net income per Statement of Financial Activities**|46|5|
|**Net cash provided by operating activities**|46|5|
|**Net cash from investing activities**|||
|**Net cash from financing activities**|||
|**Net increase in cash and cash equivalents**|46|5|
|**Cash and cash equivalents at the beginning of the year**|5||
|**Cash and cash equivalents at the end of the year**|51|5|
|**Components of cash and cash equivalents**|||
|Cash and bank balances|51|5|
||51|5|
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|**Fund accounting**||
|---|---|
|Unrestricted funds|These are available for use at the discretion of the trustees in furtherance of the|
||general objects of the charity.|
|Designated funds|These are unrestricted funds earmarked by the trustees for particular purposes.|
|Revaluation funds|These are unrestricted funds which include a revaluation reserve representing the|
||restatement of investment assets at their market values.|
|Restricted funds|These are available for use subject to restrictions imposed by the donor or through|
||terms ofan appeal.|
|**Income**||
|Recognition of|Income is included in the Statement of Financial Activities (SoFA) when the charity|
|income|becomes entitled to, and virtually certain to receive, the income and the amount of|
||the income can be measured with sufficient reliability.|
|Income with related|Where income has related expenditure the income and related expenditure is|
|expenditure|reported gross in the SoFA.|
|Donations and|Voluntary income received by way of grants, donations and gifts is included in the|
|legacies|the SoFA when receivable and only when the Charity has unconditional|
||entitlement to the income.|
|Tax reclaims on|Income from tax reclaims is included in the SoFA at the same time as the|
|donations and gifts|gift/donation to which it relates.|
|Donated services|These are only included in income (with an equivalent amount in expenditure)|
|and facilities|where the benefit to the Charity is reasonably quantifiable, measurable and|
||material.|
|Volunteer help|The value of any volunteer help received is not included in the accounts.|
|Investment income|This is included in the accounts when receivable.|
|Gains/(losses) on|This includes any gain or loss resulting from revaluing investments to market value|
|revaluation of fixed|at the end ofthe year.|
|assets||
|Gains/(losses) on|This includes any gain or loss on the sale of investments.|
|investment assets||
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|3|**Statement of Financial Activities −prior year**||||
|---|---|---|---|---|
||||**Unrestricted**||
||||**funds**|**Total funds**|
||||**2020**|**2020**|
|||||**E**|
|**Income and endowments from:**|||||
||Donations and legacies||12,422|12,422|
|**Total**|||12,422|12,422|
|**Expenditure on:**|||||
||Charitable activities||3,425|3,425|
||Other||8,992|8,992|
|**Total**|||12,417|12,417|
|**Net **|**income**||5|5|
|**Net **|**income before other**||||
|**gains/(losses)**|||5|5|
|**Other gains and losses:**|||||
|**Net **|**movement in funds**||5|5|
|**Reconciliation of funds:**|||||
|**Total funds carried forward**|||||
|**4**|**Income from donations and legacies**||||
|||**Unrestricted**|**Total**|**Total**|
||||**2021**|**2020**|
|||**E**||**E**|
|||380|380|12,422|
|||380|380|12,422|
|5|**Expenditure on charitable activities**||||
||||**Total**|**Total**|
||||**2021**|**2020**|
||||**E**||
||_Expenditure on charitable_||||
||_activities_||||
|||||1,525|
|||||1,900|
||_Governance costs_||||
|||||3,425|
|**Other expenditure**||||
|---|---|---|---|
||**Unrestricted**|**Total**|**Total**|
|||**2021**|**2020**|
||**E**|**E**|**E**|
|Motor and travel costs|||1,900|
|General administrative costs|**134**|134|6,092|
|Legal and professional costs|200|200|1,000|
||334|334|8,992|
||||**Incoming**|||
|---|---|---|---|---|---|
||||**resources**
**(including**|**Resources**|**At 31**
**March**|
|||**At 1 April**|**other**
**gains/losses**|**expended**|**2021**|
|||**2020**|**)**|||
||||**E**|**E**|**E**|
||**Restricted funds:**|||||
||**Unrestricted funds:**|||||
||**_General funds_**|5|380|(334)|51|
||**Revaluation Reserves:**|||||
||**Total funds**||380|(334)|51|
|9|**Analysis of net assets** **_between_ funds**|||||
|||||**Unrestricted**||
||||||**Total**|
|||||**funds**||
|||||**E**|**E**|
||Net current assets|||51|**51**|
|||||51|51|
|10|**Reconciliation of net debt**|||||
||||||**At 31**|
||||**At 1 April**||**March**|
||||**2020**|**Cash flows**|**2021**|
||||**E**|**E**|**E**|
||Cash and cash equivalents||5|46|51|
||||5|46|51|
||Net debt||5|46|51|
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TURKISH STUDENT UNION OF UK
Notes to the Accounts
Pa8e 14
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|**for the year ended 31 March 2021**||||
|---|---|---|---|
||**Unrestricted**|||
||**funds**|**Total funds**|**Total funds**|
||**2021**|**2021**|**2020**|
||**E**|**E**|**E**|
|**Income and endowments from:**||||
|Donations and legacies||||
||380|380|12,422|
||380|380|12,422|
|**Total income and endowments**|380|380|12,422|
|**Expenditure on:**||||
|Charitable activities||||
||||1,525|
||||1,900|
||−||3,425|
|||_||
|**Total of expenditure on charitable**|||3,425|
|**activities**||||
|Travel and subsistence|||1,900|
|||−|1,900|
|General administrative costs,||||
|including depreciation and||||
|amortisation||||
|Equipment leasing and hire|||977|
|charges||||
|Postage and couriers||−|2,055|
|Software, IT support and related|||1,523|
|costs||||
|Stationery and printing|||1,537|
|Subscriptions|14|14||
|Telephone, fax and broadband|120|120||
||134|134|6,092|
|Legal and professional costs||||
|Accountancy and bookkeeping|200|200||
|Consultancy fees|||1,000|
||200|200|1,000|
|**Total of expenditure of other costs**|334|334|8,992|
|**Total expenditure**|334|334|12,417|
|Net gains on investments||−||
||46|46|5|
|**Net income**||||
|**Net income before other**||||
|**gains/(losses)**|46|46|5|
|Other Gains|−||−|
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|**Net movement in funds**|46|46|5|
|---|---|---|---|
|**Reconciliation of funds:**||||
|Total funds brought forward|5|5||
|**Total funds carried forward**|51|51|5|