Report of the Trustees and
Financial Statements for the Year Ended 31 May 2025
for
- LCK Charity
LCK - Charity
Contents of the Financial Statements for the Year Ended 31 May 2025
| Page | |
|---|---|
| Company Information | 1 |
| Report of the Trustees | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
| Trading and Profit and Loss Account | 8 |
LCK - Charity
Company Information for the Year Ended 31 May 2025
TRUSTEES:
REGISTERED OFFICE:
REGISTERED NUMBER:
Mohammed M Ghaffar Rabia Ghaffar Punit Patel Suzy Jakeman
Flat 2 42 Stanmore Hill Stanmore HA7 3BN
1198839 (England and Wales)
Page 1
LCK - Charity
Report of the Trustees for the Year Ended 31 May 2025
The Trustees present their report with the financial statements of the company for the year ended 31 May 2025.
PRINCIPAL ACTIVITY
The Trustees present their report with the financial statements of the company for the year ended 31 May 2025.
The trustees who are also the directors of the charity for the purposes of the Companies Act 2006, present their report with the Financial Statements of the charity for the year ended 31 May 2025. The trustees have adopted the provisions of the Statements of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in March 2005.
PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of charity base services.
TRUSTEES
The Trustees during the year under review were:
Mohammed M Ghaffar Rabia Ghaffar Punit Patel Suzy Jakeman
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Documents:
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.
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.
ON BEHALF OF THE BOARD:
........................................................................ Trustee – Mohammed M Ghaffar
Page 2
LCK - Charity
Profit and Loss Account for the Year Ended 31 May 2025
| Notes INCOMING RESOURCES RESOUCES EXPENDED Charitable Activities Charitable RESOURCES INCOME Distribution costs Administrative expenses NET INCOMING (OUTGOING) RESOURCES BEFORE OTHER INCOME 2 Interest receivable and similar income NET INCOMING (OUTGOING) RESOURCES BEFORE OTHER INCOME Tax on profit on ordinary activities 3 NET INCOMING (OUTGOING) RESOURCES TOTAL FUNDS CARRIED FORWARD |
31.5.25 £ £ 151,152 136,632 14,520 1,140 13,155 14,295 225 287 512 - 512 512 |
31.5.24 £ 1,650 23,978 |
£ 67,269 25,856 41,413 25,628 15,785 321 16,106 - 16,106 16,106 |
|---|---|---|---|
The notes form part of these financial statements
Page 3
LCK - Charity
Balance Sheet
31 May 2025
| 31.5.25 | 31.5.24 | |||||
|---|---|---|---|---|---|---|
| Notes | £ | £ |
£ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 4 | 442 | 596 | |||
| CURRENT ASSETS | ||||||
| Debtors | 5 | 8,772 | 17 | |||
| Cash at bank and in hand | 8,279 | 16,379 | ||||
| 17,051 | 16,396 | |||||
| CREDITORS | ||||||
| Amounts falling due within one year | 6 | 830 | 841 | |||
| NET CURRENT ASSETS | 16,221 | 15,555 | ||||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 16,663 | 16,151 | ||||
| FUNDS | ||||||
| Unrestricted Funds | 7 | 16,663 | 16,151 | |||
| 16,663 | 16,151 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.
-
The trustees acknowledges their responsibilities for:
-
(a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The financial statements were approved by the director on 24 February 2026 & were signed by:
ON BEHALF OF THE BOARD:
........................................................................ Trustee – Mohammed M Ghaffar Approved by the Board on .............................................
The notes form part of these financial statements
Page 4
LCK - Charity
Notes to the Financial Statements
for the Year Ended 31 May 2025
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included in the Statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc -20% on reducing balance
Tax
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.
Investment income, gains and losses are allocated to the appropriate fund
2. NET INCOMING (OUTGOING) RESOURCES BEFORE OTHER INCOME
The Net Incoming is stated after charging:
| 31.5.25 | 31.5.24 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 154 | 154 |
| Trustees' emoluments and other benefits etc | - | - |
3. TAXATION
Analysis of the tax charge
No liability to UK corporation tax arose on ordinary activities for the year ended 31 May 2025 nor for the year ended 31 May 2024.
4. TANGIBLE FIXED ASSETS
| Plant and | |
|---|---|
| machinery | |
| etc | |
| £ | |
| COST | |
| At 1 June 2024 | |
| and 31 May 2025 | _904 _ |
| DEPRECIATION | |
| At 1 June 2024 | 308 |
| Charge for year | _154 _ |
| At 31 May 2025 | _462 _ |
| NET BOOK VALUE | |
| At 31 May 2025 | 442 |
| At 31 May 2024 | 596 |
continued...
Page 5
LCK - Charity
Notes to the Financial Statements - continued for the Year Ended 31 May 2025
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 31.5.25 | 31.5.24 | |||
| £ | £ | |||
| Trade debtors | 12 | 17 | ||
| Prepayments | 8,760 | - | ||
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.5.25 | 31.5.24 | |||
| £ | £ | |||
| Trade creditors | 30 | 41 | ||
| Other creditors | 800 | 800 | ||
| 830 | 841 | |||
| 7. | MOVEMENT IN FUNDS | |||
| Profit | ||||
| and loss | ||||
| account | ||||
| £ | ||||
| At 1 June 2024 | 16,151 | |||
| Retained profit for the year | 512 | |||
| At 31 May 2025 | 16,663 |
Page 6
LCK - Charity
Report to the Trustees of LCK - Charity
As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2025 set out on pages three to six and you consider that the company is charitable non-profit company.
Respective responsibilities of the trustees and examiner
The charity’s trustees (who are the directors for the Company Law) 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. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under Section 145 of the 2011 act.
-
To follow the procedures liad 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
In my opinion, attention should be drawn to the following matter in order to enable a proper understanding of the financial statements to be reached: LCK had unrestricted reserves of £7,903 as at 31 May 2025, and confirmed funding for less than 12 months from June 2025. The trustees consider the charity a going concern subject to raising funds successfully. The trustees are monitoring the charity's spending and cash flow regularly to ensure that its liabilities are met as and when they fall due. The trustees also explain this in note 1 (a) in the accounts. No other matter has come to my attention in connection with my examination to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
- which gives me reasonable cause to believe that, in any material respect, the requirements
a) to keep accounting records in accordance with section 386 of the Companies Act 2006; and b) to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met.
This page does not form part of the statutory financial statements
Page 7
LCK - Charity
Trading and Profit and Loss Account for the Year Ended 31 May 2025
| 31.5.25 £ £ INCOMING RESOURCES Incoming resources from generated funds 151,152 RESOUCES EXPENDED Charitable Activities Purchases 16,352 Governance costs 115,140 Donation 5,140 136,632 GROSS PROFIT 14,520 Other income Deposit account interest 287 14,807 Expenditure Wages 1,140 Rent, rates and water 2,294 Telephone 453 Post and stationery 4,940 Travelling 788 Motor expenses 318 Repairs and renewals 854 Volunteers Expenses 679 Household and cleaning - Sundry expenses 1,079 Functions & Events 590 Accountancy 800 Legal fees 206 Depreciation of tangible fixed assets Plant and machinery 154 14,295 512 Finance costs Bank charges - NET INCOME 512 |
31.5.24 £ 2,140 13,451 10,265 1,650 1,820 341 1,507 341 519 5,089 6,020 221 433 5,970 800 545 154 |
£ 67,269 25,856 41,413 321 41,734 25,410 16,324 218 16,106 |
|---|---|---|
This page does not form part of the statutory financial statements
Page 8