REGISTERED CHARITY NUMBER: 1196668
Report of the Trustees and
Financial Statements for the Year Ended 31 December 2024
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 2024
| 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 13 |
LEICESTER TURKISH EDUCATION CENTRE
Reference and Administrative Details for the Year Ended 31 December 2024
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
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LEICESTER TURKISH EDUCATION CENTRE
Report of the Trustees
for the Year Ended 31 December 2024
The trustees present their report with the financial statements of the charity for the period ending 31 December 2024.
OBJECTIVES AND ACTIVITIES
Objectives and aims
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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.
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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.
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To promote Community participation in healthy recreation - through sporting activities, mental exertion and the development of cognitive skills.
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To promote happiness and contentment through social activities and integration.
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To promote religious harmony with knowledge and understanding of other beliefs and practices.
Significant activities
The principal activities in the period were:
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Further expansion of educational schedule to include GCSE Seminar together with extra English Courses for Women.
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Established regular prayer meetings.
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Further activities for young people including trip to Hull FC, several football events at the Centre and local parks.
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Community Events to include visits to the countryside and a Registration to Vote Day.
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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:
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LEICESTER TURKISH EDUCATION CENTRE
Report of the Trustees for the Year Ended 31 December 2024
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Education Classes to include Women's English Course and GCSE Seminars
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Fundraising and Charity Seminars
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Fabric, Fire Safety and Health & Safety
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Strengthening Faith Institution and open to all religious celebrations
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Forward Planning
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Recruitment
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Community Events including visits
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Breakfast Events and Eid Gathering
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Safeguarding Seminar
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Youth work - trip to Hull FC and visit to London, alongside football
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Registration to Vote Seminar
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AGM
FINANCIAL REVIEW
Financial Position
We reviewed income, costs and liabilities throughout the year. Total income increased to £11,814. All income came from community donations.
Total expenditure rose to £7,725. Most costs related to mosque running activity together with general programme expenses.
The charity recorded a surplus of £4,089. This reduced the deficit carried forward to £5,776.
Cash at bank at year end increased to £502. The long-term loan reduced to £6,278 as repayments continued.
We strengthened our position with higher income and steady cost control. We will continue to work on lowering liabilities and supporting our activities with responsible financial management.
FUTURE PLANS
To continue with the principal activities outlined above and with increased focus on:
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Expanding and developing the educational classes.
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Promoting the pattern of regular prayer meetings and open to all religious events.
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Arrange more sporting events including regular use of local amenities.
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Organising more Community Events to include greater integration with local community.
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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
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LEICESTER TURKISH EDUCATION CENTRE
Report of the Trustees for the Year Ended 31 December 2024
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.
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
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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 2024.
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 matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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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
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LEICESTER TURKISH EDUCATION CENTRE
Statement of Financial Activities for the Year Ended 31 December 2024
| 31.12.24 | 31.12.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 11,814 | 5,990 | |
| EXPENDITURE ON | |||
| Charitable activities | |||
| Mosque running activity | 7,535 | 1,818 | |
| Other | 190 | 302 | |
| Total | 7,725 | 2,120 | |
| NET INCOME | 4,089 | 3,870 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | (9,865) | (13,735) | |
| TOTAL FUNDS CARRIED FORWARD | (5,776) | (9,865) |
The notes form part of these financial statements
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LEICESTER TURKISH EDUCATION CENTRE
Balance Sheet 31 December 2024
| 31.12.24 | 31.12.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank and in hand | 502 | 47 | |
| NET CURRENT ASSETS | 502 | 47 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 502 | 47 | |
| CREDITORS | |||
| Amounts falling due after more than one | |||
| year | 4 | (6,278) | (9,912) |
| NET ASSETS | (5,776) | (9,865) | |
| FUNDS | 6 | ||
| Unrestricted funds | (5,776) | (9,865) | |
| TOTAL FUNDS | (5,776) | (9,865) |
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 26 November 2025 and were signed on its behalf by:
Ibrahim Gokce
............................................. I Gokce - Trustee
The notes form part of these financial statements
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LEICESTER TURKISH EDUCATION CENTRE
Notes to the Financial Statements for the Year Ended 31 December 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
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.
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LEICESTER TURKISH EDUCATION CENTRE
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
| 3. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|
| Unrestricte | ||
| fund | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 5,990 | |
| EXPENDITURE ON | ||
| Charitable activities | ||
| Mosque running activity | 1,818 | |
| Other | 302 | |
| Total | 2,120 | |
| NET INCOME | 3,870 | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | (13,735) | |
| TOTAL FUNDS CARRIED FORWARD | (9,865) |
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LEICESTER TURKISH EDUCATION CENTRE
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
| 4. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE | YEAR | |
|---|---|---|---|---|
| 31.12.24 | 31.12.23 | |||
| £ | £ | |||
| Bank loans (see note 5) | 6,278 | 9,912 | ||
| 5. | LOANS | |||
| An analysis of the maturity of loans is given below: | ||||
| 31.12.24 | 31.12.23 | |||
| £ | £ | |||
| Amounts falling due between two and five years: | ||||
| Bank loans - 2-5 years | 6,278 | 9,912 | ||
| 6. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.1.24 | in funds | 31.12.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | (9,865) | 4,089 | (5,776) | |
| TOTAL FUNDS | (9,865) | 4,089 | (5,776) | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 11,814 | (7,725) | 4,089 | |
| TOTAL FUNDS | 11,814 | (7,725) | 4,089 |
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LEICESTER TURKISH EDUCATION CENTRE
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
6. MOVEMENT IN FUNDS - continued
Comparatives for 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) | |
| Comparative 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 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.23 | in funds | 31.12.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | (13,735) | 7,959 | (5,776) |
| TOTAL FUNDS | (13,735) | 7,959 | (5,776) |
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LEICESTER TURKISH EDUCATION CENTRE
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
6. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | Movement | |
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 17,804 | (9,845) | 7,959 | |
| TOTAL FUNDS | 17,804 | (9,845) | 7,959 |
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
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