2023-12-31-accounts - Leicester Turkish Education Centre

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REGISTERED CHARITY NUMBER: 1196668

Report of the Trustees and

Financial Statements for the Year Ended 31 December 2023

for

LEICESTER TURKISH EDUCATION CENTRE

MSA Accountancy & Business Advisors Business Box 3 Oswin Road Leicester Leicestershire LE3 1HR

LEICESTER TURKISH EDUCATION CENTRE

Contents of the Financial Statements for the Year Ended 31 December 2023

	Page
Reference and Administrative Details	1
Report of the Trustees	2 to 4
Independent Examiner's Report	5
Statement of Financial Activities	6
Balance Sheet	7 to 8
Notes to the Financial Statements	9 to 12

LEICESTER TURKISH EDUCATION CENTRE

Reference and Administrative Details for the Year Ended 31 December 2023

TRUSTEES I Gokce M Tunc M Balende I Diyenli REGISTERED OFFICE 277 Saffron Lane Leicester Leicestershire LE2 6UE REGISTERED CHARITY 1196668 NUMBER INDEPENDENT EXAMINER MSA Accountancy & Business Advisors Business Box 3 Oswin Road Leicester Leicestershire LE3 1HR

Page 1

LEICESTER TURKISH EDUCATION CENTRE

Report of the Trustees

for the Year Ended 31 December 2023

The trustees present their report with the financial statements of the charity for the period ending 31 December 2023.

OBJECTIVES AND ACTIVITIES

Objectives and aims

To promote learning and development of individuals in subjects of educational or social values - the study of Turkish, Arabic and English languages alongside Turkish and British Culture.
To advance the Islamic religion in Leicester for the benefit of the public through the holding of prayer meetings, the provision of facilities for private contemplation, lectures, religious instruction and festivals.
To promote Community participation in healthy recreation - through sporting activities, mental exertion and the development of cognitive skills.
To promote happiness and contentment through social activities and integration.
To promote religious harmony with knowledge and understanding of other beliefs and practices.

Significant activities

The principal activities in the period were:

Expansion of educational schedule to include free English Courses for Women.
Established regular prayer meetings.
Further activities for young people including trip to Portsmouth.
Community Events to include visits by City Mayor and Turkish Consulate General.
Open Religious Events including gatherings at Eid.

Public Benefit

The trustees have consulted the Charity Commission's comprehensive guidance on public benefit while evaluating our goals and objectives and charting our future activities and have ensured that all of the charity's expenses are directed towards fulfilling its public benefit obligations.

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

ACHIEVEMENTS AND PERFORMANCE

The Committee met 9 times during the period and discussed the following:

Education Classes to include Women's English Course
Fundraising and Charity Seminars - Earthquake Appeal

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LEICESTER TURKISH EDUCATION CENTRE

Report of the Trustees for the Year Ended 31 December 2023

Fabric and Fire Safety Seminar
Strengthening Faith Institution
Forward Planning
Community Events including visits
Turkish Coffee Day and Breakfast Events
AGM

FINANCIAL REVIEW

Financial Position

We monitored income and costs throughout the year. Total income reached £5,990, all from community donations. Total expenditure fell to £2,120, mainly for running the centre and essential activities. This produced a surplus of £3,870 and reduced the deficit carried forward to £9,865.

We ended the year with £47 in the bank. The long term loan reduced to £9,912 as scheduled repayments continued.

We improved the financial position through tighter cost control and consistent fundraising. We will continue to focus on strengthening income, reducing liabilities and supporting our programmes responsibly.

FUTURE PLANS

To continue with the principal activities outlined above and with increased focus on:

Expanding and developing the educational classes.
Promoting the pattern of regular prayer meetings.
Arrange more sporting events including visit to Hull Football Stadium.
Organising more Community Events to include understanding the UK Election System.
Continuing to educate members to understand other faiths and cultures.

STRUCTURE, GOVERNANCE AD MANAGEMENT

Governing Document

Leicester Turkish Education Centre is established by constitution as a foundation CIO which was registered at the Charity Commission in England and Wales on 19 November 2021.

Recruitment and appointment of new trustees

The charity is governed by a board of trustees. This is to ensure that the board has the skills and experience required to oversee the management of the charity and its operations. The Charity trustees are responsible for general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits.

The Charity does not employ any staff but is run by a board of Trustees within the guidance of the Constitution. Trustees are appointed by LTEC membership in accordance with the Constitution and do not receive any salary or payment.

Page 3

LEICESTER TURKISH EDUCATION CENTRE

Report of the Trustees for the Year Ended 31 December 2023

Induction and training of new trustees

All new trustees receive a planned induction programme before taking up their place on the board. This includes an explanation of their roles and responsibilities, an introduction to other trustees, an overview of recent activities and an explanation of broad format and process.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Approved by order of the board of trustees on 25 November 2025 and signed on its behalf by:

Ibrahim Gokce

I Gokce - Trustee

Page 4

Independent Examiner's Report to the Trustees of LEICESTER TURKISH EDUCATION CENTRE

Independent examiner's report to the trustees of LEICESTER TURKISH EDUCATION CENTRE ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.

Responsibilities and basis of report

I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mohammad Shabbir Aslam

MSA Accountancy & Business Advisors Business Box 3 Oswin Road Leicester Leicestershire LE3 1HR

25 November 2025

Page 5

LEICESTER TURKISH EDUCATION CENTRE

Statement of Financial Activities for the Year Ended 31 December 2023

			Period
			19.11.21
		Year Ended	to
		31.12.23	31.12.22
		Unrestricted	Total
		fund	funds
	Notes	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies		5,990	11,498
EXPENDITURE ON
Charitable activities
Mosque running activity		1,818	24,589
Other		302	644
Total		2,120	25,233
NET INCOME/(EXPENDITURE)		3,870	(13,735)
RECONCILIATION OF FUNDS
Total funds brought forward		(13,735)	-
TOTAL FUNDS CARRIED FORWARD		(9,865)	(13,735)

The notes form part of these financial statements

Page 6

LEICESTER TURKISH EDUCATION CENTRE

Balance Sheet 31 December 2023

		31.12.23	31.12.22
		Unrestricted	Total
		fund	funds
	Notes	£	£
CURRENT ASSETS
Cash at bank		47	142
NET CURRENT ASSETS		47	142
TOTAL ASSETS LESS CURRENT
LIABILITIES		47	142
CREDITORS
Amounts falling due after more than one
year	4	(9,912)	(13,877)
NET ASSETS		(9,865)	(13,735)
FUNDS	6
Unrestricted funds		(9,865)	(13,735)
TOTAL FUNDS		(9,865)	(13,735)

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 25 November 2025 and were signed on its behalf by:

Ibrahim Gokce

I Gokce - Trustee

The notes form part of these financial statements

Page 8

LEICESTER TURKISH EDUCATION CENTRE

Notes to the Financial Statements for the Year Ended 31 December 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.

The charity is a Public Benefit Entity as defined by FRS 102.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Page 9

continued...

LEICESTER TURKISH EDUCATION CENTRE

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the period ended 31 December 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2023 nor for the period ended 31 December 2022.

3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

	Unrestricte
	fund
	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	11,498
EXPENDITURE ON
Charitable activities
Mosque running activity	24,589
Other	644
Total	25,233
NET INCOME/(EXPENDITURE)	(13,735)
TOTAL FUNDS CARRIED FORWARD	(13,735)

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continued...

LEICESTER TURKISH EDUCATION CENTRE

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

4.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE	YEAR
			31.12.23	31.12.22
			£	£
	Bank loans (see note 5)		9,912	13,877
5.	LOANS
	An analysis of the maturity of loans is given below:
			31.12.23	31.12.22
			£	£
	Amounts falling due between two and five years:
	Bank loans - 2-5 years		9,912	13,877
6.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.1.23	in funds	31.12.23
		£	£	£
	Unrestricted funds
	General fund	(13,735)	3,870	(9,865)
	TOTAL FUNDS	(13,735)	3,870	(9,865)
	Net movement in funds, included in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		£	£	£
	Unrestricted funds
	General fund	5,990	(2,120)	3,870
	TOTAL FUNDS	5,990	(2,120)	3,870

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continued...

LEICESTER TURKISH EDUCATION CENTRE

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

6. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

	Net
	movement	At
	in funds	31.12.22
	£	£
Unrestricted funds
General fund	(13,735)	(13,735)
TOTAL FUNDS	(13,735)	(13,735)

Comparative net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	11,498	(25,233)	(13,735)
TOTAL FUNDS	11,498	(25,233)	(13,735)

7. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2023.

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