Charity Registration No. 1200820 (England and Wales)
LEEDS AFRICAN EDUCATION AND CULTURAL ASSOCIATION ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
LEEDS AFRICAN EDUCATION AND CULTURAL ASSOCIATION ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS
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| Charity information | 3 |
| Trustees' report | 4 |
| Accountants' report | 6 |
| Statement of income and retained earnings | 7 |
| Statement of financial position | 8 |
| Notes to the accounts | 9 |
| Detailed Income and loss account | 10 |
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LEEDS AFRICAN EDUCATION AND CULTURAL ASSOCIATION CHARITY INFORMATION FOR THE YEAR ENDED 31 MARCH 2024
Trustees
Nouhou Barry Alpha Illiyassa Bah Thierno Salmana Diallo Thierno Diallo Almamy Fofana Abu Batsam Sow Mohammed Yassin Barry Al-Hassan Jalloh Fatoumata Diallo
Charity Number
1200820 (England and Wales)
Registered Office
1 Hardy Street Leeds West Yorkshire LS11 6BJ England
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LEEDS AFRICAN EDUCATION AND CULTURAL ASSOCIATION (CHARITY NO: 1200820 ENGLAND AND WALES) TRUSTEES' REPORT
The Trustees present their report and accounts for the year ended 31 March 2024.
Principal activity
We aims to:
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Promote the understanding and practice of Islam within the community.
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Provide a safe and welcoming environment for daily prayers and religious education.
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Support the spiritual and educational development of children and families.
Achievements
We are pleased to report significant progress in fulfilling our objectives during this financial year. Our most notable achievement has been the successful rental of a community centre, which has allowed us to expand our activities and better serve our community.
Trustees
The following Trustees held office during the whole of the period:
Nouhou Barry Alpha Illiyassa Bah Thierno Salmana Diallo Thierno Diallo Almamy Fofana Abu Batsam Sow Mohammed Yassin Barry Al-Hassan Jalloh Fatoumata Diallo
Statement of Trustees' responsibilities
The Trustees are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Charity law requires the Trustees to prepare accounts for each financial year. Under that law, the Trustees have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under Charity law the Trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of the Income or loss of the Charity for that period. In preparing these accounts, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small Company provisions
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
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Signed on behalf of the board of Trustees
............................................................................
Mohammed Yassin Barry Trustee
Approved by the board on: 30 November 2024
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CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF LEEDS AFRICAN EDUCATION AND CULTURAL ASSOCIATION FOR THE YEAR ENDED 31 MARCH 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Leeds African Education and Cultural Association for the year ended 31 March 2024 as set out on pages 7 - 9 from the Charity's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Trustees of Leeds African Education and Cultural Association, as a body, in accordance with the terms of our engagement letter dated 17 November 2024. Our work has been undertaken solely to prepare for your approval the accounts of Leeds African Education and Cultural Association and state those matters that we have agreed to state to the Board of Trustees of Leeds African Education and Cultural Association, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Leeds African Education and Cultural Association and its Board of Trustees as a body for our work or for this report.
It is your duty to ensure that Leeds African Education and Cultural Association has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and Income of Leeds African Education and Cultural Association. You consider that Leeds African Education and Cultural Association is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Leeds African Education and Cultural Association. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Chartered Certified Accountants
17 November 2024
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LEEDS AFRICAN EDUCATION AND CULTURAL ASSOCIATION STATEMENT OF INCOME AND RETAINED EARNINGS FOR THE YEAR ENDED 31 MARCH 2024
| Turnover Charitable Activities Gross Income Administrative expenses Operating Income Income on ordinary activities Income for the financial year Total Funds at the start of the year Income for the financial year Total Funds at the end of the year |
2024 £ 80,810 (20,150) 60,660 (27,800) 32,860 32,860 - 32,860 - 32,860 - 32,860 |
2023 £ - - |
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LEEDS AFRICAN EDUCATION AND CULTURAL ASSOCIATION STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2024
| Notes Current assets Cash at bank and in hand Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 4 Net assets Capital and reserves Total Movement in Funds Total funds |
2024 £ 46,616 46,616 46,616 (13,756) 32,860 32,860 32,860 |
2023 £ - |
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For the year ending 31 March 2024 the Charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the Charity to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Trustees 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board of Trustees and authorised for issue on 30 January 2024 and were signed on its behalf by
Mohammed Yassin Barry Trustee
Charity Registration No. 1200820
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LEEDS AFRICAN EDUCATION AND CULTURAL ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
1 Statutory information
Leeds African Education and Cultural Association is a Charity, registered in England and Wales, registration number 1200820. The registered office is 1 Hardy Street, Leeds, West Yorkshire, LS11 6BJ, England.
2 Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3 Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
| 4 | Creditors: amounts falling due after more than one year | 2024 | 2023 |
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| £ | £ | ||
| Accruals | 13,756 | - |
5 Average number of employees
During the year the average number of employees was 9 (2023: 0).
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LEEDS AFRICAN EDUCATION AND CULTURAL ASSOCIATION DETAILED INCOME AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024
This schedule does not form part of the statutory accounts.
| This schedule does not form part of the statutory accounts. | ||
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| Turnover Donations Charitable Activities Purchases Gross Income Administrative expenses Wages and salaries Rent Accountancy fees Operating Income Income on ordinary activities |
2024 £ 80,810 20,150 60,660 20,400 7,200 200 27,800 32,860 32,860 |
2023 £ - |
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