| Trustees who served during | Trustees who served during | the year | ||||
|---|---|---|---|---|---|---|
| Prof, Dr. Abdulbari | Bener (Chairman | ) | ||||
| Prof, Dr. Ismail | Adak | |||||
| Prof, Dr, Talip Alp | ||||||
| Mr, Yiiksel Dinger, | MSc | |||||
| Mr, Mehmet Kasim | Kigili | |||||
| Prof. Dr. Gurkan | Ozturk | |||||
| Charity number | 274732 | |||||
| Registered | office | 54 Teignmouth | Road | |||
| Willseden Green |
||||||
| London | ||||||
| NW2 4DX | ||||||
| UK | ||||||
| Independent | Examiner | Meer and Company | Chartered | Accountants | ||
| No. 1 Cochrane |
House | |||||
| Admirals Way |
||||||
| Canary Wharf | ||||||
| London | ||||||
| E149UD | ||||||
| Bankers | HSBC Bank Plc |
| Contents | |||||
|---|---|---|---|---|---|
| Page | |||||
| Trustees' annual repoit |
1-3 | ||||
| Independent | examiners' | report | |||
| Statement of | financial | activities | |||
| Statement of | total recognised | gains and losses | |||
| Balance sheet | |||||
| Notes to the | financial | statements | 7-9 |
| Unrestricted | Restricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | Funds | Funds | ||||||
| 2020 | 2019 | ||||||||
| Notes | |||||||||
| Incoming resources | |||||||||
| Incoming resources |
from | generated | funds: | ||||||
| Rental income | 51,428 | 51,428 | 78,526 | ||||||
| Total incoming resources | 51,428 | 51,428 | 78,526 | ||||||
| Resources expended | |||||||||
| Cost ofgenerating | funds | ||||||||
| Charitable activities |
(11,067) | (11,067) | (8,247) | ||||||
| Administrative costs |
(14,618) | (14,618) | (18,942) | ||||||
| Total resources expended |
(25,685) | (25,685) | (27,189) | ||||||
| Net incoming resources |
before | ||||||||
| other recognised gains/ |
losses | 25,743 | 25,743 | 51,337 | |||||
| Retained funds brought |
forward | 461,297 | 461,297 | 409,960 | |||||
| Retained funds carried forward |
487,040 | 487,040 | 461,297 | ||||||
| Year | Year | ||||||||
| Statement oftotal recognised | gains and | losses | ended | ended | |||||
| 2020 | 2019 | ||||||||
| Net incoming resources |
|||||||||
| before other recognized | gains/losses | 25,743 | 25,743 | 51,337 | |||||
| Total recognised gains since last annual |
report | 25,743 | 25,743 | 51,337 |
| Balance sheet | |||||
|---|---|---|---|---|---|
| as at31December 2020 | |||||
| 2020 | 2019 | ||||
| Notes | |||||
| Fixed assets | |||||
| Tangible assets | 187,681 | 188,605 | |||
| Current assets | |||||
| Cash at bank | and in hand | 300,859 | 274„192 | ||
| 300,859 | 274,192 | ||||
| Creditors: amounts | falling | ||||
| due within one year | (I)500) | (1,500) | |||
| Net current | assets | 299,359 | 272,692 | ||
| Total assets | less current | ||||
| liabilities | 487,040 | 461,297 | |||
| Net assets | 487,040 | 461,297 | |||
| Funds | |||||
| Unrestricted | income | funds | 487,040 | 461,297 | |
| Total funds | 487,040 | 461,297 |
| „,continued | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Funds | |||||
| Year | Year | |||||
| ended | ended | |||||
| 3. | Administration | Expenses | 2020 | 2019 | ||
| Travelling | 270 | |||||
| Rates | 2,817 | 1,312 | ||||
| Insurance | 287 | |||||
| Light and heat | 2,434 | 6,554 | ||||
| Cleaning | 4,612 | 6,530 | ||||
| Repairs and maintenance | 547 | |||||
| Printing, postage |
and stationery | |||||
| Telephone and fax |
641 | 789 | ||||
| Legal and professional | fees | 1,636 | ||||
| Accountancy | 1,500 | 1,500 | ||||
| Bank charges | 54 | 66 | ||||
| Depreciation on |
FFk Equipment | 924 | 1,087 | |||
| Sundry expenses | ||||||
| 14,618 | 18,942 | |||||
| Land and | Fixtures, | |||||
| 4, | Tangible fixed |
assets | buildings | fittings and | ||
| freehold | equipment | Total | ||||
| Cost | ||||||
| At 1 January 2020 | 182,448 | 16,842 | 199,290 | |||
| At 31 December | 2020 | 182,448 | 16,842 | 199,290 | ||
| Depreciation | ||||||
| At 1 January 2020 |
10,685 | 10,685 | ||||
| Charge for the year | 924 | 924 | ||||
| At 31 December | 2020 | 11,609 | 11,609 | |||
| Net book values | ||||||
| At 31 December | 2020 | 182,448 | 5,233 | 187,681 | ||
| At 31 December | 2019 | 182,448 | 6,157 | 188,605 |
| ... continued | ||||||
|---|---|---|---|---|---|---|
| 5. | Creditors: amounts | falling | due | 2020 | 2019 | |
| within one year | ||||||
| Accruals and deferred |
income | 1,500 | 1,500 | |||
| 6. | Funds | |||||
| Unrestricted | Total | |||||
| Funds | ||||||
| At 1January 2020 |
461,297 | 461,297 | ||||
| Net income for the year | 25,743 | 25,743 | ||||
| At 31December 2020 | 487,040 | 487,040 | ||||
| 7. | Reconciliation ofmovements |
in total trust funds | 2020 | 2019 | ||
| Incoming resources for the | year | 25,743 | 51,337 | |||
| Net addition to funds |
25,743 | 51,337 | ||||
| Opening trust funds |
461,297 | 409,960 | ||||
| Closing trust funds | 487,040 | 461,297 |