TAMIL WELFARE ASSOCIATION (NEWHAM) U.K.

Company limited by guarantee

Company Registration Number:
02962857 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

TAMIL WELFARE ASSOCIATION (NEWHAM) U.K.

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TAMIL WELFARE ASSOCIATION (NEWHAM) U.K.

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

The Association's principal activity is to provide advisory, legal casework and representative services for the Tamil speaking community in the United Kingdom.

Political and charitable donations

The charity receive donation and funding from the funders with members of the community which all money used for charitable purpose.

Additional information

The directors do not have any interests in the capital or reserves of the company



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

J Paramsothy
P Chandradas
K thiyagarajah
S Muthucumarasamy
P Vigneswaramoorthy
T Thayaparan
T Wijeyaratnam


The director shown below has held office during the period of
1 January 2024 to 27 November 2024

K Paramasivam


The director shown below has held office during the period of
1 January 2024 to 27 January 2024

P Sritharan


The directors shown below have held office during the period of
27 November 2024 to 31 December 2024

Showmeya Jivathas
R Nadarajah


The director shown below has held office during the period of
29 May 2024 to 31 December 2024

G Pulendrakumar


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
18 February 2025

And signed on behalf of the board by:
Name: P Chandradas
Status: Director

TAMIL WELFARE ASSOCIATION (NEWHAM) U.K.

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 182,376 247,276
Cost of sales: ( 150,690 ) ( 149,501 )
Gross profit(or loss): 31,686 97,775
Operating profit(or loss): 31,686 97,775
Profit(or loss) before tax: 31,686 97,775
Profit(or loss) for the financial year: 31,686 97,775

TAMIL WELFARE ASSOCIATION (NEWHAM) U.K.

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 359,929 360,549
Total fixed assets: 359,929 360,549
Current assets
Debtors: 4 38,864 18,224
Cash at bank and in hand: 276,636 266,149
Total current assets: 315,500 284,373
Creditors: amounts falling due within one year: 5 ( 22,946 ) ( 20,674 )
Net current assets (liabilities): 292,554 263,699
Total assets less current liabilities: 652,483 624,248
Creditors: amounts falling due after more than one year: 6 ( 108,740 ) ( 112,190 )
Total net assets (liabilities): 543,743 512,058
Members' funds
Profit and loss account: 543,743 512,058
Total members' funds: 543,743 512,058

The notes form part of these financial statements

TAMIL WELFARE ASSOCIATION (NEWHAM) U.K.

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 18 February 2025
and signed on behalf of the board by:

Name: P Chandradas
Status: Director

The notes form part of these financial statements

TAMIL WELFARE ASSOCIATION (NEWHAM) U.K.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    We prepare the accounts with tangible fixed assets depreciation policy, accordingly fixed assets like office building, capital growth take into consideration while depreciation take into consideration to reduce the office equipment value.

    Other accounting policies

    While we are preparing accounts we also consider charity commission requirements

TAMIL WELFARE ASSOCIATION (NEWHAM) U.K.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

TAMIL WELFARE ASSOCIATION (NEWHAM) U.K.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 356,420 49,468 405,888
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 356,420 49,468 405,888
Depreciation
At 1 January 2024 45,339 45,339
Charge for year 620 620
On disposals
Other adjustments
At 31 December 2024 45,959 45,959
Net book value
At 31 December 2024 356,420 3,509 359,929
At 31 December 2023 356,420 4,129 360,549

TAMIL WELFARE ASSOCIATION (NEWHAM) U.K.

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Prepayments and accrued income 38,564 18,224
Other debtors 300
Total 38,864 18,224

TAMIL WELFARE ASSOCIATION (NEWHAM) U.K.

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 16,500 15,201
Other creditors 6,446 5,473
Total 22,946 20,674

TAMIL WELFARE ASSOCIATION (NEWHAM) U.K.

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 108,740 112,190
Total 108,740 112,190

TAMIL WELFARE ASSOCIATION (NEWHAM) U.K.

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Financial Commitments

The directors do not recommend any transfers from the unrestricted funds to the designated fund account. The company is a registered charity and hence no dividends are payable.