Charity registration number: SC053093 ## **TURKISH INTERCULTURAL SOCIETY IN SCOTLAND TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD 30 JANUARY 2024 TO 31 MARCH 2025** **----- Start of picture text -----**
KENNETH PHILLIPS & CO
24 Spiers Wharf
GLASGOW
G4 9TB
**----- End of picture text -----**
## **Turkish Intercultural Society in Scotland Contents** ||**Page**| |---|---| |Trustees' Report|1—2| |Independent Examiner's Report|3| |Statement of Financial Activities|4| |Statement of Financial Position|5| |Notes to the Financial Statements|6—8| |The following pages do not form part of the statutory accounts:|| |Detailed Statement of Financial Activities|9| Tui'kish Illteiyultural Societv ill Scotlaud Trustees, Report For the Period 30 Jalluai?- 2024 to 31 March 2025 Objective5 and Adiiities Al￿￿ and Objertis facththtsnE equalpathcipation for the th"ver5e Turkxsh ard cts COAnmWllties xll culmral hen"taEe pro￿￿$.. seeknng io adNance equal den￿CratiC p￿￿CIpatIon for all aAd reptesenthtton atrelevant fonull5 and COllUDittee5. proactively facilitating and a TU￿"5￿ multicultural con]owwty'Hub'. 5tagillg mullicultutal cuithtal henlage exhibrtioDs alld clubs. dejivenng jntrfcultll￿ awdrelless dialoglle actI%ryt￿￿. faCi]itst￿g multiculknal eN￿￿ts aDd and cohesithL awaretttss attd PfOmOlitig &'vetsity at various levels.. ettdorsitig and en1w￿E the cultural rights of the Tw*tsh and ottr￿r thietse ¢oJDttxunities. the eocouragement of Troluntary actimties and inueasing the involvement of llknlxviduals and conyLWmties In culttral herAtage acttvities through offenog Intan￿b]e cultwal heritsge e**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Other
**4**
**EXPENDITURE ON:**
Raising funds
**5**
Charitable activities:
**5**
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**11**|**31 March**
**2025**
**Unrestricted**
**funds**
**£**
8,884
53| |---|---| ||8,937| ||(7,357)| ||1,580| ||1,580
-| ||1,580| The notes on pages 6 to 8 form part of these financial statements. Page 4 ## **Turkish Intercultural Society in Scotland Statement of Financial Position As At 31 March 2025** |**Notes**
**FIXED ASSETS**
Tangible Assets
**9**
**CURRENT ASSETS**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**10**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted Funds
**TOTAL FUNDS**
**11**
On behalf of the board
Trustee
25th February 2026|**31 March**
**2025**
**Unrestricted**
**funds**
**£**
179| |---|---| ||179
2,337| ||2,337
(936)| ||1,401| ||1,580| ||1,580| ||1,580| ||1,580| ||| The notes on pages 6 to 8 form part of these financial statements. Page 5 ## **Turkish Intercultural Society in Scotland Notes to the Financial Statements For the Period 30 January 2024 to 31 March 2025** ## 1. **General Information** Turkish Intercultural Society in Scotland is a charitable incorporated organisation registered with the Charity Commission, registered charity number SC053093. The principal address is . ## 2. **Accounting Policies** ## 2.1. **Basis of Preparation of Financial Statements** The financial statements 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 charity is a Public Benefit Entity as defined by FRS 102. ## 2.2. **Incoming Resources** During the period, the charity received grant funding from Foundation Scotland and other main grant funding programmes. This funding represented the primary source of income for the year. The grants were used to support the charity’s charitable activities, including community engagement initiatives, cultural events, and organisational development in line with its charitable purposes. Total income for the period was £8,484. ## 2.3. **Resources Expended** During the period, the charity applied its resources to community engagement, cultural events, and the administration of the organisation. Total expenditure for the period was £ ## 2.4. **Tangible Fixed Assets and Depreciation** Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Computer Equipment 25% ## 2.5. **Cash and Cash Equivalents** Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. ## 3. **Income from Donations and Legacies** |Grants
4.
**Other Income**
Other income type A|**31 March 2025**
**Unrestricted**
**funds**
**£**
8,884| |---|---| ||**31 March 2025**
**Unrestricted**
**funds**
**£**
53| Page 6 **Turkish Intercultural Society in Scotland Notes to the Financial Statements (continued) For the Period 30 January 2024 to 31 March 2025** |5.
**Analysis of Expenditure**
Raising funds
6.
**Support Costs**
Employee costs
Premises expenses
General administration
Governance costs
7.
**Independent Examiner's Remuneration**
Independent examination of the financial statements
Other assurance services
Tax advisory services
Other financial services
8.
**Average Number of Employees**
Average number of employees during the period was: NIL
9.
**Tangible Assets**
**Cost**
As at 30 January 2024
Additions
As at 31 March 2025
**Net Book Value**
As at 31 March 2025
As at 30 January 2024|**31 March 2025**
**Support costs**
(see note 6)
**£**
7,357| |---|---| ||**31 March 2025**
**Raising funds**
**£**
5,067
1,057
633
600| ||7,357| ||**31 March 2025**
**£**
600
-
-
-| ||600| ||**Computer**
**Equipment**
**£**
-
179| ||179| ||179| ||-| Page 7 **Turkish Intercultural Society in Scotland Notes to the Financial Statements (continued) For the Period 30 January 2024 to 31 March 2025** ## 10. **Creditors: Amounts Falling Due Within One Year** |0.
**Creditors: Amounts Falling Due Within One Year**|| |---|---| |Accruals and deferred income
Accruals for grants payable|**31 March 2025**
**£**
336
600| ||936| ## 11. **Movement in Funds** |**Unrestricted funds**
General:
General unrestricted fund
Designated:
Foundation Scotland
Main Grant
**Total unrestricted funds**
**Total funds**|**As at 30 January**
**2024**
**£**
-
-
-|**Income**
**£**
453
1,500
6,984|**Expenditure**
**£**
(935)
-
(6,422)|**As at 31 March**
**2025**
**£**
(482)
1,500
562| |---|---|---|---|---| ||-|8,484|(6,422)|2,062| ||-|8,937|(7,357)|1,580| |||||| ||-|8,937|(7,357)|1,580| 12. **Transactions with Trustees** During the period the expenses reimbursed to the trustees or paid directly to third parties were as follows: **31 March 2025 £** 13. **Related Party Disclosures** Page 8 **Turkish Intercultural Society in Scotland Detailed Statement of Financial Activities For the Period 30 January 2024 to 31 March 2025** |**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Grants
**Other**
Other income type A
**EXPENDITURE ON:**
**Raising funds**
Staff Costs
Travel & Accommodation
Event Costs
Venue Hire
Administration
Computer and IT consumables
Printing
Postage
Stationery
Sundry expenses
Independent examiner's fees
**NET INCOME**|**31 March 2025**
**Total**
**funds**
**£**
8,884| |---|---| ||8,884
53| ||53| ||8,937
(2,304)
(660)
(2,103)
(920)
(137)
(336)
(102)
(15)
(16)
(164)
(600)| ||(7,357)| ||(7,357)| ||1,580| Page 9