## **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
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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 ACCount￿t's Rewt Inc(Kne and Expenditure A￿ount Balance Sheet Notes io rhe FlnarKlal Stat￿erts 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 di￿r5 presrtthdr repryt arwj the finanoal stateM￿ts fc*the ￿led 31 Morth 2021 The dlrectors are responslble for preparlng the Urectors. Report and the llnand4151aternents In accttrdance wlth applitable law and reg￿atiOns. CompaDy law requires the dirEd2 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 re￿1vable. 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> allow￿n￿5. 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 COrnplet￿jn of the contratt. The staJe OF complebon of a a)ntract 15 measurett by comparing the costs incurred for work p￿rfOrmed 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 A￿ts and Dewecijtron Tangible fixed assets are rnea5ureJ at C05t less KoJmuL7ted deweoètion and any accumulated irnpairrnent losses. Deprec￿tIon 15 Fyoviled at Trte5 ￿1(vI￿re0 ro wnre the co* of Ihe fixed a55es, le55 thwr e5Drnated re51dual value, ovÈr their Èxpetted useful live5 on the frJIkJ￿ln¥ 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. Tr￿g￿le 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￿ dOnati￿S DeprE¢iaEio Sundry ex￿rGeS 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 subsSd*s 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)||