Registered Charity Number 1198484
## DERBY TAMIL ACADEMY
Report and Accounts
31 March 2024
## **DERBY TAMIL ACADEMY Report and Accounts**
## **Contents**
||**Page**|
|---|---|
|Legal and administrative information|3|
|Trustee’s report|4|
|Independent examiner’s report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the accounts|8- 10|
|Schedules to the statement of financial activities|11|
2
## **DERBY TAMIL ACADEMY Legal and Administrative information**
## **Chairperson**
Bhanumathy Srinivasaraghavan
## **Trustee**
Karthik Thangavelu Singaram Gandhi Kalyanaraman Narasingam Murugan Palanisamy
## **Registered office**
3 Fieldfare Court Littleover Derby DE23 3XX
**Registered number** 1198484
3
## **The report of the Trustees**
The trustees’ present their report and accounts for the year ended 31[st] March 2024.
## **Principal Activities of the Trust**
The principal activity of the charity in the year under review was provision of Tamil language and Fine Arts teaching.
## **Achievements and performance of the trust**
The number of students attending DTA's schools in Derby and Nottingham has significantly increased as a result of its advancement. The overall student population in 2024 is about 80 contrasted with that of the previous year. This year, DTA has been holding Sports Day, and it has been a huge success.
Measures have been implemented to organize the Workshop's material and conduct it in a more systematic manner. This year, all of the students participated in three workshops that we held. Every student was urged to take part in the workshop, which improved their literary comprehension of Tamil and allowed them to demonstrate their language proficiency.
This year, we commemorated our tenth annual day. Each kid has been given the chance to display their abilities.
Our pupils have taken part in and won awards from a variety of competitions held by other East Midlands organizations. We intend to support and encourage more kids to join in the future.
In order to inspire kids to read more broadly and broaden their knowledge, we have also established a small library, which has been enthusiastically accepted by the volunteers and parents.
Due to a shortage of volunteers, we have temporarily closed the Sheffield branch after weighing all of the options. We are debating how to teach the students in a different approach
This report was approved by the Board of Trustees on 20/02/2025
Bhanumathy Srinivasaraghavan Trustee
4
## **DERBY TAMIL ACADEMY**
## **Independent examiners’ report to the Trustees of Derby Tamil Academy**
I report on the accounts of the charity for the year ended 31/03/2024.
## **Respective responsibilities of trustees and examiner**
As the Charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commissioners for England and Wales under section 145(5)(b) of the Act.
## **Basis of independent examiners’ report**
We conducted our examination in accordance with the General Directions given by the Charity Commissioners for England and Wales. An examination includes a detailed review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the accounts with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the accounts comply with the statement of Recommended Practice issued by the Charity Commissioners for England and Wales (effective October 2000), on a test basis, of evidence relevant to the amounts and disclosures in the accounts.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently we do not express an audit opinion on the view given by the accounts.
We planned and preformed our examination so as to satisfy ourselves that the objectives of the independent examination are achieved and before finalising the report we obtain written assurances from the trustees of all material matters.
## **Independent examiner’s statement**
Subject to the limitations upon the scope of our work as detailed above, in connection with our examination, no matter has come to our attention:
- 1) which gives us reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or
- 2) to which, in our opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
………………………………………………………
20[th] February 2025
**Sri Guru Ganesh Consultancy UK Ltd**
23 Summer Crescent Beeston, Nottingham NG9 2GX
5
## **DERBY TAMIL ACADEMY**
## **Statement of Financial Activities for the year ended 31 March 2024**
|**Income**
Income from generated funds
Income from charitable activities
**Total Income and endowments**
**Expenses**
Costs of generating funds
Expenditure on Charitable activities
**Total Expenses**
**Net gains on investments**
**Net Income**
**Gains/(losses) on revaluation of fixed assets**
**Net movement in funds:**
**Net income for the year**
Total funds brought forward
**Net funds carried forward**|**2024**
**Unrestricted**
**funds**
7,950
**7,950**
3,346
**3,346**
**4,604**
**4,604**
-
**4,604**|**2023**
**Unrestricted**
**funds**
16,122|
|---|---|---|
|||**16,122**|
|||8,153|
|||**8,153**|
|||**7,969**|
|||**7,969**
-|
|||**7,969**|
This statement of financial activities includes all gains and losses recognized in the year. All Income and expenditure derive from the continuing activities.
6
## **DERBY TAMIL ACADEMY Balance Sheet as at 31 March 2024**
|**Notes**
**Fixed assets**
Tangible assets
**7**
**Current assets**
Debtors
**9**
Cash at bank and in hand
**Creditors: amounts**
**Falling due within one year**
**10**
**Net current assets**
**8**
**Total assets less current liabilities**
**Creditors: amounts**
**Falling due beyond one year**
**Net assets**
**Capital and reserves**
Unrestricted revenue reserves
Restricted revenue reserves
**Accumulated funds**|**2024**
**£**
-
12,923
12,923
(350)
12,573
12,573
**12,573**
12,573
-
**12,573**|**2023**
**£**
-
8,319|
|---|---|---|
|||8,319
(350)|
|||7,969|
|||7,969|
|||**7,969**|
|||7,969
-|
|||**7,969**|
For the year ending 31/08/2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
## **Approved by the Board of Trustees on 20/02/2025 and signed on their behalf by**
**----- Start of picture text -----**
………………………………
Bhanumathy Srinivasaraghavan
Trustee
**----- End of picture text -----**
7
## **DERBY TAMIL ACADEMY**
## **Notes to the accounts for the year ended 31 March 2024**
## **1. Accounting Policies**
## **1a. Basis of Accounting**
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **1b. 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.
## **1c. Resources Expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate ail 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.
## **1d. Allocation and Apportionment of Costs**
All costs relate to the single activity of the charitable company and are recognised accordingly.
## **1e. 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.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
## **1f. Depreciation**
Depredation has been provided at the following rates in order to write off the assets over their estimated useful lives. Equipment straight line 25%
## **1g. Stocks**
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any writedown of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
## **1h. Turnover**
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
8
## **DERBY TAMIL ACADEMY**
## **Notes to the Accounts for the year ended 31 March 2024**
## **2. Analysis of assets and liabilities representing each of the charity’s funds**
|**At 31 March 2024**
Current assets
Current liabilities|Unrestricted Designated
Funds
Funds
12,923
-
(350)
-
12,573
-|Restricted
Funds
-
-
-|Total
Funds
12,923
(350)|
|---|---|---|---|
||||12,573|
## **3. Creditors: amounts falling due within one year**
|Bank loans and overdrafts
Trade creditors
Accrued expenses|**2024**
**£**
-
-
350|
|---|---|
||350|
## **4. Limited by Guarantee**
The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £, to the company should it be wound up, At 31/03/2024 there were members.
## **5. Unrestricted Funds**
|General fund|**Brought**
**Incoming Outgoing Transfers**
**Carried**
**forward**
**resource**
**resource**
**forward**
**£**
**£**
**£**
**£**
**£**
7,969
7,950
3,346
-
12,573|
|---|---|
||7,969
7,950
3,346
-
12,573|
9
## **DERBY TAMIL ACADEMY**
|**Notes to the Accounts for the year ended 31 March 2024**
**2024**
**£**
**Incoming Resources**
**Incoming Resources from generated funds**
**Parents’ Contributions**
Donations
-
Interest Receivable
-
Parents’ Contribution
7,950
Membership fee
-
**Total received**
**7,950**|**2023**
**£**
50
4
16,068
-|
|---|---|
||**16,122**|
10
## **DERBY TAMIL ACADEMY**
## **Schedule to the Statement of Financial Activities for the year ended 31 March 2023**
|
**Charitable expenditure**
**Costs of aims in furtherance of the**
**charities objectives**
Teachers’ Expenses
Rent and Room Hire
Events costs
Insurance
Professional fees
Computer fees
Stationery & Office supplies
**Total spent on administration**|Unrestricted
Funds
**31-Mar**
**2024**
**£**
-
959
1,576
63
350
-
398
3,346
**3,346**|Unrestricted
Funds
**31-Mar**
**2023**
**£**
192
-
1,000
63
650
4,705
1,543|
|---|---|---|
|||8,153|
|||**8,153**|
11