**REGISTERED CHARITY NUMBER: 1199329** ## **REPORT OF THE TRUSTEES AND** ## **UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 16TH JUNE 2022 TO 31ST MARCH 2023** ## **FOR** ## **ICMG BEXLEY** S.D. Garner + Co Limited Chartered Certified Accountants 92 Station Lane Hornchurch Essex RM12 6LX **ICMG BEXLEY** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 16TH JUNE 2022 TO 31ST MARCH 2023** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|3| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|7| |**Detailed Statement of Financial Activities**||8|| **ICMG BEXLEY** ## **REPORT OF THE TRUSTEES FOR THE PERIOD 16TH JUNE 2022 TO 31ST MARCH 2023** The trustees present their report with the financial statements of the charity for the period 16th June 2022 to 31st March 2023. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** ICMG Bexley is a charity dedicated to serving local communities, primarily the Turkish population. We focus on educational, cultural, religious, and social development to promote integration and encourage active citizenship. We also support vulnerable groups through social services and humanitarian aid, promoting responsible citizenship. ## **Significant activities** The following activities were carried out during the period: - Weekend classes for children aged 7 to 13 - Trips to historical sites, landmarks, natural attractions, and museums for youth and families - Youth camps in nature for adventure and personal growth - Educational programs for adults - Workshops for Adults on Positive Parenting Techniques, Child Development, and Psychological Well-Being - Seminars for Children and Youth on Future Career Paths - Creative Craft Workshops for Kids - Friday Prayer Services - Weekly Gatherings for Women's Community Events - Youth Projects, including regular Football Matches for Local Youth ## **Public benefit** The trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit:running a charity (PB2)'. As a charity we are asked by the Charity Commission to consider whether our activities provide "apublic benefit." The Management Committee (Trustees) has considered this matter, in accordance with the latest guidance. It believes our services do provide a public benefit and therefore justify our charitable status. We have complied with the duty in section17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission and in planning future activities. ## **Volunteers** Volunteers are a vital asset to our community initiatives, services. They play a key role in nearly all our activities, and many individuals and families generously dedicate their time to serve as volunteers. Page 1 **ICMG BEXLEY** ## **REPORT OF THE TRUSTEES FOR THE PERIOD 16TH JUNE 2022 TO 31ST MARCH 2023** ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** Over the past year, we have made significant progress in enhancing community engagement and providing educational opportunities for all ages. Our weekend school has successfully supported around 94 children, enriching their learning experience through various educational programs. We have hosted seminars for children and youth focused on future career paths and academic development, equipping them with valuable insights into different professions and the skills required for success. These interactive sessions encourage students to explore their interests and aspirations while engaging with guest speakers and participating in hands-on activities. Our youth initiatives, including regular football matches, foster teamwork, character development, and healthy living, while also boosting self-confidence and self-esteem. We have organized numerous educational outings to historical sites, museums, and nature preserves, enriching participants' understanding of our community's rich cultural heritage and inspiring curiosity. For adults, we have provided education and language classes to promote social development and integration, along with seminars on parenting skills and career guidance. Our craft workshops have also sparked creativity among our young participants. Through these initiatives, we have created a thriving and supportive environment that nurtures learning, well-being, and community cohesion. ## **FINANCIAL REVIEW** ## **Financial position** The statement of financial activities shows income of £18,911 for the period with net outgoing of resources of £15,588 resulting in net income of £3,323. ## **Reserves policy** The trustees consider that the reserves held are sufficient to continue the charities activity in future years. The trustees actively review the major risks which the charity faces on a regular basis and have also examined other operational risks faced by the charity. The trustees confirm that they have established systems to mitigate the significant risks. ## **Going concern** The trustees consider the charity to be a going concern. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is a Charitable Incorporated Organisation and registered with the charity commission on 16 June 2022. Our Governing Document is our Memorandum and Articles of Association. ## **Recruitment and appointment of new trustees** The Management Committee of the charity, which comprises all the trustees, has the power to appoint trustees at any time. All trustees retire at the Annual General Meeting and are eligible for re-election. ## **Decision making** The charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits. The trustees meet regularly to review progress of the charity and take any decisions in relation to the activities provided by the charity. Page 2 **ICMG BEXLEY** ## **REPORT OF THE TRUSTEES FOR THE PERIOD 16TH JUNE 2022 TO 31ST MARCH 2023** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Induction and training of new trustees** Following appointment, new trustees will be introduced to their new role and are requested to familiarise themselves with contents of the trusts constitution and to the policies and procedures adopted by the charity. They are also requested to read a number of publications from the Charity Commission to ensure that they are aware of the scope of their responsibilities under the Charities Act. The new trustees will work with existing trustee assisting on particular activities and projects run by the charity. Once confident they will then be given the task of leading an activity or project as necessary. ## **Risk management** The trustees have a duty to identify and review the risks to which the charitycharityto is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to those risks. Appropriate controls are in place to mitigate financial risks and overseen by trustees. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1199329 ## **Principal address** Unit 19 Riverside Shopping Centre 10-15 Town Square Erith Kent DA8 1RE ## **Trustees** Mr S Karasan (appointed 16/6/2022) Mr G Kussan (appointed 16/6/2022) Mr L Cerrah (appointed 16/6/2022) Mr E L Cetinkaya (appointed 16/6/2022) Approved by order of the board of trustees on 1st November 2024 and signed on its behalf by: ## Savas Karasan Mr S Karasan - Trustee Page 3 **ICMG BEXLEY** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 16TH JUNE 2022 TO 31ST MARCH 2023** |||Unrestricted| |---|---|---| |||fund| ||Notes|£| |**INCOME AND ENDOWMENTS FROM**||| |Donations and legacies||18,911| |**EXPENDITURE ON**||| |**Charitable activities**||| |Charitable activites||9,206| |Other||6,382| |**Total**||15,588| |**NET INCOME**||3,323| |**TOTAL FUNDS CARRIED FORWARD**||3,323| |||| The notes form part of these financial statements Page 4 **ICMG BEXLEY** ## **BALANCE SHEET 31ST MARCH 2023** |||Unrestricted| |---|---|---| |||fund| ||Notes|£| |**CURRENT ASSETS**||| |Cash at bank||4,223| |**CREDITORS**||| |Amounts falling due within one year|3|(900)| |**NET CURRENT ASSETS**||3,323| |**TOTAL ASSETS LESS CURRENT**||| |**LIABILITIES**||3,323| |**NET ASSETS**||3,323| |**FUNDS**|4|| |Unrestricted funds||3,323| |**TOTAL FUNDS**||3,323| |||| The financial statements were approved by the Board of Trustees and authorised for issue on 1st November 2024 and were signed on its behalf by: ## Savas Karasan Mr S Karasan - Trustee The notes form part of these financial statements Page 5 **ICMG BEXLEY** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 16TH JUNE 2022 TO 31ST MARCH 2023** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, 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 Charities Act 2011. 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 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. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the period ended 31st March 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the period ended 31st March 2023. continued... Page 6 **ICMG BEXLEY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 16TH JUNE 2022 TO 31ST MARCH 2023** ## **3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** £ Other creditors 900 |Other creditors||||£
900| |---|---|---|---|---| |||||| |**MOVEMENT IN FUNDS**||||| |**Unrestricted funds**||Net
movement
in funds
£|At
31/3/23
£|| |General fund||3,323||3,323| |**TOTAL FUNDS**||3,323||3,323| |Net movement in funds, included in the above are as follows:||||| |**Unrestricted funds**|Incoming
resources
£|Resources
expended
£|Movement
in funds
£|| |General fund|18,911|(15,588)||3,323| |**TOTAL FUNDS**|18,911|(15,588)||3,323| ## **4. MOVEMENT IN FUNDS** ## **5. RELATED PARTY DISCLOSURES** There were no related party transactions for the period ended 31st March 2023. Page 7 **ICMG BEXLEY** **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 16TH JUNE 2022 TO 31ST MARCH 2023** £ |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Charitable Activities
Subcontractors
Books
**Support costs**
**Governance costs**
Other operating leases
Accountancy and legal fees
Total resources expended
**Net income**|18,911
18,911
6,891
1,610
705
9,206
5,482
900
6,382
15,588
3,323| |---|---| This page does not form part of the statutory financial statements Page 8