**REGISTERED CHARITY NUMBER: 1196858**
## **REPORT OF THE TRUSTEES AND**
**FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2024**
**FOR**
**GREEN LANE COMMUNITY CENTER (GLCC)**
**HMA CONSULTANCY LTD Unit 301, 3-19 Wakefield Street Main Entrance Raynham (Booker Road) Edmonton, N18 2BZ**
## **GREEN LANE COMMUNITY CENTER (GLCC)**
**CONTENTS OF THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2024**
||Page|
|---|---|
|Report of the Trustees|1|
|Independent Examiner's Report|2|
|Statement of Trustees Responsibilities|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6 to 7|
|Detailed Statement of Financial Activities|8|
**GREEN LANE COMMUNITY CENTER (GLCC)**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31 MARCH 2024**
The trustee, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1196858
## **Registered office**
691 First floor Green lane Dagenham RM8 1UU
## **Trustees**
Mr Muhammad Tallat Khurshid Mr Muhammad Amin Ahmadzai
## **Independent Examiner**
Hafiz Muhammad Ali Sharif MAAT HMA Consultancy ltd Unit 301, 3-19 Wakefield Street Main Entrance Raynham (Booker Road) Edmonton, N18 2BZ
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is constituted as a charitable trust registered with the charity commission in December 2021. It governs by the constitution last updated on 23 June 2015.
## **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. The trustees have assessed the risk that charity faces and are satisfied that systems are in place to manage the risks that have been identified. In particular, insurance cover is in place and finances of the charity are kept under review. Appropriate DBS checks are made for all those who work with children or vulnerable adults.
## **Approved by the trustees and signed on its behalf by** :
Mr Muhammad Amin Ahmadzai - Trustee
January 28, 2025
**Page 01**
**GREEN LANE COMMUNITY CENTER (GLCC)**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GREEN LANE COMMUNITY CENTER (GLCC)**
I report on the accounts for the year ended 31 March 2024 set out on pages four to eight.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of
the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
It is my responsibility to:
- examine the accounts under Section 145 of the 2011 Act
- to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5) (b) of the 2011 Act); and
- to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
Hafiz Muhammad Ali Sharif MAAT HMA Consultancy ltd Unit 301, 3-19 Wakefield Street Main Entrance Raynham (Booker Road) Edmonton, N18 2BZ
January 28, 2025
**Page 02**
## **GREEN LANE COMMUNITY CENTER (GLCC)**
## **STATEMENTS OF TRUSTEES’ RESPONSIBILITIES**
## **AS AT 31 MARCH 2024**
The charity trustees are responsible for preparing an annual report and financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. I preparing the financial statements, the trustees are required to:
Select suitable accounting policies and then apply them consistently; Observe the method and principles in the Charities SORP;
Make judgements and estimates that are reasonable and prudent;
State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustee are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charity Act 1993, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The financial statements were approved by the Board of Trustees and were signed on its behalf by:
Mr Muhammad Amin Ahmadzai - Trustee
January 28, 2025
**Page 03**
## **GREEN LANE COMMUNITY CENTER (GLCC)**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAR 2024**
|**INCOMING RESOURCES**
**Incoming resources from generated funds**
**Voluntary Income**
Donations
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Costs of generating funds**
Support Costs
Governance Cost
**Total resources expended**
**Net Incoming Resources**|**31.03.24**
**31.03.23**
**Unrestricted**
**Unrestricted**
**Funds**
**Funds**
**£**
**£**
88,964.79
35,548.29|
|---|---|
||88,964.79
35,548.29
53,995.02
52,031.35
32,755.38
34,146.00|
||86,750.40
86,177.35
2,214.39
- 50,629.06
- 50,629.06
-|
|||
|**RECONCILIATION OF FUNDS**
Total funds brought forward
**Total funds carried forward**||
||- 48,414.67
- 50,629.06|
The notes form part of these financial statements
**Page 04**
|**GREEN LANE COMMUNITY CENTER (GLCC)**|**GREEN LANE COMMUNITY CENTER (GLCC)**|**GREEN LANE COMMUNITY CENTER (GLCC)**||
|---|---|---|---|
|**STATEMENT OF FINANCIAL POSITION AS AT**||**31 MARCH 2024**||
||**NOTES**|**31.03.24**|**31.03.23**|
|||**£**|**£**|
|**CURRENT ASSETS**||||
|Cash at bank and in hand||13,461.73|2,371.37|
|Debtors|**3**|81,004.03||
|||94,465.76|2,371.37|
|**CREDITORS**||||
|Amounts falling due within one year|**4**|142,880.43|53,000.43|
|**NET CURRENT ASSETS**||- 48,414.67|- 50,629.06|
|||||
|**TOTAL ASSETS LESS LIABILITIES**||- 48,414.67|- 50,629.06|
|||||
|**NET ASSETS**||- 48,414.67|- 50,629.06|
|**FUNDS**||||
|Unrestricted funds|**5**|- 48,414.67|- 50,629.06|
|||||
|**TOTAL FUNDS**||- 48,414.67|- 50,629.06|
The notes form part of these financial statements
**Page 05**
**NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MAR 2024**
## **GREEN LANE COMMUNITY CENTER (GLCC)**
## **1. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP 2005) and applicable UK Generally Accepted Accounting Practice.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
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 income taxes 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.
## **2. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2024.
**Page 06**
**GREEN LANE COMMUNITY CENTER (GLCC)**
**NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MAR 2024**
## **3 Debtors**
|Other Debtors
**4 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other Loans
**5 MOVEMENT IN FUNDS**
**At April 1**
**Incoming**
**Unrestricted Funds**
**2023**
**Resources**
**£**
**£**
General Funds
- 50,629.06
88,964.79
**Total Funds**
**- 50,629.06**
**88,964.79**|Other Debtors
**4 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other Loans
**5 MOVEMENT IN FUNDS**
**At April 1**
**Incoming**
**Unrestricted Funds**
**2023**
**Resources**
**£**
**£**
General Funds
- 50,629.06
88,964.79
**Total Funds**
**- 50,629.06**
**88,964.79**|**31.03.24**
**31.03.23**
**£**
**£**
81,004.03
-|
|---|---|---|
|||**81,004.03**
**-**|
|||**31.03.24**
**31.03.23**
**£**
**£**
142,880.43
53,000.43|
|||**142,880.43**
**53,000.43**|
|||**Resources**
**At March 31**
**Expended**
**2024**
**£**
**£**
- 86,750.40
- 48,414.67|
||**- 50,629.06**
**88,964.79**|**- 86,750.40**
**- 48,414.67**|
**Page 07**
**GREEN LANE COMMUNITY CENTER (GLCC)**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAR 2024**
|**INCOMING RESOURCES**
**Incoming resources from generated funds**
**Voluntary Income**
Donations
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Support Costs**
Accountancy
Insurance
Light & Heat
Repair & Maintenance
Rent
Service Charges
Business Rates
**Governance Cost**
Legal & Professional
**Total Resources Expended**
**Net Income**|**31.03.24**
**Unrestricted**
**Funds**
**£**
88,964.79
88,964.79
600.00
3,000.00
4,800.00
10,784.78
30,000.00
1,318.24
3,492.00
53,995.02
32,755.38
32,755.38
86,750.40
2,214.39|**31.03.23**
**Unrestricted**
**Funds**
**£**
35,548.29|
|---|---|---|
|||35,548.29|
|||600.00
193.08
6,400.00
426.99
40,000.00
379.28
4,032.00|
|||52,031.35
34,146.00|
|||34,146.00|
|||86,177.35|
||||
|||- 50,629.06|
**Page 08**