Trustees’ Annual Report for the period
From Period start date To Period end date
Charity name:
Charity registration number:
Objectives and Activities
SORP reference Summary of the purposes of Para 1.17 the charity as set out in its governing document Summary of the main Para 1.17 and 1.19 activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming Para 1.18 whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
Review of the charity’s Para 1.21 financial position at the end of the period Statement explaining the Para 1.22 policy for holding reserves stating why they are held Amount of reserves held Para 1.22 Reasons for holding zero Para 1.22 reserves Details of fund materially in Para 1.24 deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
|
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
Charity name Other name the charity uses Registered charity number Charity’s principal address
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s)
Position (eg Secretary, Chair, etc)
Date
Reglstered number: 07228782 BRIGHT EDUCATION AND CULTURAL ASSOCIATION DIREcfoRS' RepoRT AND UNAUDThED FINANCIAL STATEMENTS FOR THE YEAR EP4DED 31 MARCH 2022 C&M Chartered Accountants C&M Actountants Ltd ACMA. CGW4. ICPA 52 Chestnut Driwe Sa chesh.re M33 4HPI
Bright Education And Cultural Association Directors. Report and Unaudited Financial Statements For The Year Ended 31 March 2022 Contents p•ge Company Information Dirertor5' Rew>rt ACCountt's Rewt Inc(Kne and Expenditure Aount Balance Sheet Notes io rhe FlnarKlal Staterts The foSlowing pages do not form part of the statutory xcounts: Detalled Income and E*peThJlture Acctyjnt
Bright Education And Cultyral Association Company Information For The Year Ended 31 March 2022 Dlrertor6 Mr Haw Ic Mr Kemal Company Number 07228782 Reglsteted Office The Hdknrn cast Mill Road Newcastle STS 2SX A¢£gyntsnts A¢¢wntants Lt ACMA. CGMA. ICPA 52 Chestnut DTtve sale Cheshire M33 4Htl Page I
Brlght Educatlon And Cultural Association Company No. 07228782 Director5. For Th• Y•ar Ended 31 March 2022 The dir5 presrtthdr repryt arwj the finanoal stateMts fcthe led 31 Morth 2021 The dlrectors are responslble for preparlng the Urectors. Report and the llnand4151aternents In accttrdance wlth applitable law and regatiOns. CompaDy law requires the dirEd<Ks to rKepare financial stateffle#ts kn exh finaTMJal year. Under tw law the dlrectors have elEotsd to prEp3re the finaTKial In aCcOr(tan Mth United ngdoM Generally Accepted Accounting 8¢tiCe (United 9(10M Attounbng Stsndaros ano aprdicable lawl. Undw ctynpany law the direLtors must Trot approve the financial statements unless they are sattsfted that they gi¥e a twe and fatr view of the state of affairs of the £ornpany and th2 surplu5 or defiot of the ccqnpany for that period. In Fyeparing the finanoal ¥2tunent5 the director5 are required to.. setert 5utsble accourtting policies Jnd then appfy tnwn cMsistentty,' makeludoments and attourtting estlmat&% that are reasonaue and pmd prepare the llnandal statemerts on the gLwJ c(xYn bays unless knapproprlate to presurne that the company VAII cont5nue In busErss. The directors are respOne for 9 adète accounung rec0$ thai are sufflclent to sb)w and etyln the cornpany's transa(knGn5 di5do5e with rts5onable ac{Ur at any titne the fiTratKitiI of the athpany eTrable thpm io ensure that the flnandal ststernents Ccthp wlth the Companies Art 20(. They are also resprndble for safeguaTdiTrg the 55ets uf the CDmpany and he tr r4king r2wnaty fijr th2 WEV0 and det0 Df fraud and othe irwularib Dlrertor¥ The d1CtorS held offitt during the yur folm.. Mr. Haqn Icb Mr. Kemal Balkafilioglu Mr. Yan Ge£er- Reslgn*J ¢Jn 22 May 2021 Smal compa Avles Thls report has been prEpar In accorttance with the spEaJl VElaiing to ajrnparths to the all corwanles 129irne 1th1 Part 15 of the Cotnpanie5 Ait 2006. Oft behalf of the btsèrd Mr Kemal Balkanllogl DlredDr 2311212022
Bright Education And Cultyral Association Accountant's Report For The Year Ended 31 March 2022 In order to asslst you to fulhl your duties under the ComleS Act 2006. we have prepared fu your approval the flnanclal statenents of Bnght Education And Cultural Pssooation for the year ended 31 Mwch 2022 which compn5e the IDcorne and Expendrture Account, the Balance Sheet, and the rela nde5 froffl the company's accounbng record5 and from Information and explanatity)s have given ug. As a Dractising member firrn of the ChèrtÈred Institute of Nènaoement ko)thtants. aTÈ subjett to its ethical and other professioral requirements Yrfhich are detaId at httP=//www.oma9lobal.com. Th15 report Is made 5tlely to the directors Bright Education Anc Cuknral Asg)ciation accOr(lan with our terTrs of enoagement. Our work has been undertaken SO1¥ to pwre for Yr approval the finantial ststemÈnts of Briohl Edutstion And Cultural Association arKI stète those maters that we have a9reed to state to the direttDrs of Bright Education And Cultural A550CVdtion in this report in accordan with the rewirements of the Chartered Insttute of Manaqement Accountants as detailed al http://ww¥Y.omaglobal.com. To the fullest extent oerfnitted by we rk nrt 4xcept or assurne responsibility to 8nvone other than company its dirfftor for our work w forth15 retKrt- It is your duty to ensure that Bright ELlucation ArKI CulbJral Assouation b25 kept adequate accounting cordS and to prepare 5t4turory financial staremerts thar Ve a rrue and fair view of the ossers, IKibilities, financial position and profit of 8nght Education And Cultural Association. You consider that ght AJMI Culiura A55(Kiation is exempt from the 5tstutory 8U(Jit reouireffnt ior tne year. We have noi been instrucied 10 catry Out an audii or • re¥ie of the financial sthiemettts of Bright EdtiO1 Ard Culturbl Associati. For this reason. we have not venfied the accuracy tr compkteness of the accounting records or inforniatscn and explanations you have given to Us and we do vot. trTe. expre55 ony opinion on the statutory financial Statements. Signed Cem Klzllcl 2611212022 C&M AccoJntants Ltd ACMA, CGMA, ICPA 52 Chestnut Drive Sale Cheshlre M33 4HH Page 3
Bright Education And Cultyral Association Income and Expenditure Account For The Year Ended 31 March 2022 2012 1021 TURNOVER Cost of sales 138,401 {4O.6041 62,071 115.4281 GROSS SURPLUS 97,797 46,643 Adrrinistrative expenses other operating Iorne 1129,6251 33,410 1127,7461 76,605 OPERATING SURPLUSI{DEFICITI ANO SURPLU5IIDEFICIT) FOR THE FIMAPICIAL YEAR 1,382 (4,4981 The notss on pages 6 to 7 forni partof finarrial sratements. Page 4
Bright Education And Cultural Associatlon Balance Sheet As at 31 March 2022 2011 Tangible Assets 243,218 243ffi5 243,218 24365 Cath at bahk and In hand 78 874 78 874 C¥wJttor55 Fallhw Due Y&thln On• Yr {22.0001 121.520) PIEF CURIIEIIT ASSEfs (UABILIIIES) 121,9221 {20,6461 LIABILrrJES 221.296 223.019 CredEtopJ: Anunts Fallhw Duv Aftv Mor• Than on Y••r 146,8951 15D.O(X)) 174,401 173,019 Income and Ex4nthbJre Accowrt 174.401 173,019 14EIIIBERS' FUNDS 174,4Ql 173.019 Fw the year endlog 31 March 2022 the company was en¢ktl•d exwWJcffl frnrn au&ft iThler 5EdiDn 4T/ of thE CL¥npanie5 Art 2006 retstyng to small crynpaniÈ5. The Members have not requir&1 the compary ID audit in secikn 476 of the Companies P£t 2006. The dIrtOrS ad¢nowledge their reSponbIt5 ts ajfflplyirwj th the teqdremerts of the Act with tpect to accountlng records and the prepafation of These aeeeAtnts have been ro)arÉd In atf3)rdaneÉ wtth the rovlslws apble to compaAle5 bject to tho small eurnpanies, regirne. On bthalf of the Mr Kom31 Balkanllogl Director 2311212022 The notes M pages 6 to 7 fonn of these fiTrand 5tsternts. es
Bright Education And Cultyral Association Notes to the Financial Statements For The Year Ended 31 March 2022 l. AccountSng Pollcles l. l. Ba$ of Preparatlon of Flnènclaj Statements Thè finèntial Staternts are poparÈd LndÈr thÈ historitèl tiJst tonvÈnt)n and In atakrdantÈ with th@ FRS IC>2 SÈrtion IA Small Ertsties - The Finanoal 5tanJard applicab in the UK and RÈpuL4ic of IreLand and the Companies Act 20Q6. 1.2. TurnovÈr Tumover Is rneasuw 4t the fair v6lue of the consideratsDn receivpd or re1vable. d15Eourts antl value addeu taxes. Turnover indudes revenue earn from the sale of goods and from the rendering of services. Turnover reeucea ror estirnateo CUSLome retums. reDates and oEntr Tr,11a> allown5. S•lE Tumover from Ehe e of goods recryni5eLI when the 5ignèlcart risks and ar¢S of ownership OF the 9ood$ ha5 traisferred to the buyer. This 15 Usually at the wnt that the customer has signed for ihe of the goods. Renderlng of 5ervi(es Tumover fmm the rendering of servKes Is recojnised by reftfe[ to the stage of COrnpletjn of the contratt. The staJe OF complebon of a a)ntract 15 measurett by comparing the costs incurred for work prfOrmed to date to the total esbrnatÈd contfart costs. Turnover is only re(nISÈd to the extent of CoVerable expense5 wh@n the trutcornÈ of a conttstt cannot be estimaied reliably. 1.3. Tangible Fixed Ats and Dewecijtron Tangible fixed assets are rnea5ureJ at C05t less KoJmuL7ted deweoètion and any accumulated irnpairrnent losses. DeprectIon 15 Fyoviled at Trte5 1(vIre0 ro wnre the co of Ihe fixed a55es, le55 thwr e5Drnated re51dual value, ovÈr their Èxpetted useful live5 on the frJIkJln¥ bases.. Freehold Plant & Machinery Fixtures & Frttings on cost 5 year5 Straght line S year5 Straght line 2. Averaoe Ilumber of Employees Average rnJmbÈr ol emwoyees, Intluding directors, during thÈ yÈar was as foll(Nvs: 9 12021: 111 3. Trgle Assets Lafid & Plant & Machlnery Flxtures & Flttin9S Total As at 1 41ri12021 243.2l8 3,975 8.945 256,138 As at 31 March 2022 243,2l8 3.975 8,945 256,138 Depr¢cl•tl¢n A5 ai i Ppril 202J ProvidÈd during tl period 3,975 8,498 447 12,473 447 As at 31 March 2022 3.975 8.945 12.920 Net Book V*ue As ar 31 March 2022 243,2l8 243,218 A5 ac 1 4)ril 2021 243.218 447 243.565 Page 6
Bright Education And Cultyral Association Notes to the Financial Statements (continued) For The Year Ended 31 March 2022 4. Credltors.. Amounts Fallln9 Due Wlthln One Year 2022 2021 Other creditors 22,000 21,>20 22.000 21.?20 5. Creditors.. Arnounts Falling After MoreThon One Yeor 2022 1021 8ank loans 46A95 50,DOO 46.895 50.DOO 6. Cownpvny lirnit¢d by gy•r¥nt¢* The company & lirrited by 9uaTantee and has no share capital. Every member of the cornpany undertakes to contThbuie to the assets of rhe wmpafiy. In event of a wlndlng up. such an arnount as ma¥ be QuIred not exceeding £1. 7. General Informatk)n Brighr Educatilln Culturol A55(Kl6tion is a pnvate company. lirnitec by guardntee, incorFordted in En9land & Wales, gisiÈred numbef 07228782. registered office Is The Hollbom. Castle Hill load. Neyrtasde. ST5 25X. Page 7
Bright Education And Cultyral Association Detailed Income and Expenditure Account For The Year Ended 31 March 2022 zi 2011 TURNOVER Sales 138,401 62,071 cosr OF SALES Purciases J5.428 {40,6) 115.4281 GROSS SURPLUS 97,797 46,643 Adffiinistratrv¢ Expenx¥ Wages and sdèries Travel and subsistence expenses Rent 44,0>1 4.407 24.021 5.693 17,728 19,170 150 64.977 IL.706 4.751 15.177 16.756 659 Rates ght and he& Repairs and maintenarKe ae31ing Printing Postage and staticrfEry Telecommunications ccount£¥ fees nk charyes charItsb dOnatiS DeprE¢iaEio Sundry exrGeS 1.427 1.094 500 292 io,?io 447 149 1.013 500 1,789 269 135 1129,8251 {127,7461 other Operotln9 Ineome Grar.ts and subsSds rece¢¥ed 3ob retention schame incorne t5.829 17,581 25.000 51.605 33,410 76,60S OPERATING 5URPLU51{DEFICITI Af4D SURPLUSI(DEFICIT) FOR THE FINANCXAL YUA 1.382 14.4981 Page B
| , membersof |
BRIGHTEDUCATIONAN | DCULTURALASSOCIATIO | N |
|---|---|---|---|
| Onaccounts for the year | 31t0312022 | Charity no | 1194928 |
| ended | (ifany) |