COMPANY REGISTRATION NUMBER: 02463691 CHARITY REGISTRATION NUM8ER: 1001331 The Council of Asian People (Haringey) Company Limited by Guarantee Unaudited Financial Statements 31 March 2023 ACIXA97K 2211212023 CC•APANIES HOUSE A11 BRIAN PAUL UMITED Chartered Accountants Chase Green House 42 Chase SKle Enfield Middlesex EN2 6NF
The Council of Asian People (Haringey) Company Limited by Guarantse Financlal Statements Year ended 31 March 2023 Page Twstees, annual report (incorporating the direclofs report) Independent examinerfs report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Accounting policies Notes to the financial stslements 10
The Council of Asian People {Haringey) Company Limited by Guarantee TnAStees' Annual Report (Incorporating the Dlrectorfs Report) Year ended 31 March 2023 The trustees, who are also the dIrectS for Ihe purposes of cnpanY I. present their report WKI the unaudited financial stslements ofthe charity the year ended 31 March 2023. Reference and admlnlstfatlve detalls Register•d charity name The Council of AS1 People (Haringey) Charfty registration number 1(KJ1331 company rngistratloD Dumber 02461 Pri1paI office and reglsteffed 8 Caxlon Road office Wood Green London N22 6T8 The trustees Mr J P Agrawal Mr S Kabra Mrs R N(pwaz Mr Ahmed Mr George Mr S I NcM)r Mr J Chakrabarti MrAKVam Mr R Gupta MrlJButt Mrs I Patel Mr A Leckraz$irvJ Reswied 24 P4Jril 2023 Independent examiner Brian Limrted Ch*tered Accintants Chase Green House 42 Chase Shle Middlesex EN2 6NF
The Council of Asian People (Haringey) Company Limited by Guaranto0 Trustees. Annual Report (Incorporating the Directorfs Report) (ctintinutffj Year ended 31 March 2023 Structur•. governance •nd management Governing Document The organisalion is a charitable company limited by guarantee. incorporated on 26th January 199) and registered as a charty on 26th January 1990. The puwers irfihe charitable company are govemed under its Article of Association. In the event of the corrwny being wourKI up members are required to contribute an amount not exceeding £1. Recruitment and appointment of new trustees The directors ol the ¢¢)mpany a also ¢harrty Intslees for the purposes of chaiity law 8nd under the company's a known as members of the Managennt Committee. Urmler the requirgmenls of the Memorandum and Articles of Assocwtion the members of the Management Commfftee afe elected to serve for a period of six years after which they must be rlerted * the nextAnnual General Meeting. In an effort to maintain a cwlwnentary skillmix. meffl oflhe mafiagenI Committee are required to promde a list of their skills (and update it each yearl and in the event of the particular skill being lost due lo relirement. indNiduals we apPhed to offer Ihemselves for election for the Management Commrttee. Truste•s Inductlon and tAining Trustees a invited and enc¢JJraged to attend short trairting sessions on a raroe of govemance Issues. Twstees are alrea0 familiarwith the wcwk olthe chanty through attending wular events and rneelings throughout the year. Objectives and acllvlties The charrty ct*jectr¥e is to relieve poverty among members crfthe Asian communty Irrfing or working in and around the London Borough of Haringey. To prOne the preservation and protection of heanh of such persons. To advance educatson among 5ueh persons. To provth or assist in the provision of facilities for the re¢reatron or other leisure limè cccupatth of the inhabrtants of the London Borough of Haringey and in particuL4r members of the Asian ComMty. In the interest of social welth arKI with the object of improving their condrtions of life.
The Council of Asian People (Haringey) Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (eonunued) Year ended 31 March 2023 Achievements and perfornanee The Council of Asian People {Haringey) rebranded Ihe Asian Centre as the Community Hub in 2018 10 reflect the need lo engage a wider local communty. bul still keeping Ils heritage as the Asian people were al rts core. Since 2018 we have seen a wider ClnIe using the service. from rts Day Care through rts open access classes wth a wider ethnic and cuttural background using its facilrf(ies. Loneliness and isolation are also key areas identified localty which became a focus for project planning and grant funding applications. bearing fruil in Augusl 2018 wrth the start of Re-connect. The yeai 2021- 22 has seen a re-ftxusing ofthe Culnt activity. consolidating its StngthS and applying for new trust and foundations grants to ftjrther develop the work of the organisalion. The focus on Health, Leaming and Sctk41 aciivitw had ijeveloped including éance and keep fil classes, IT for beginners and heaifh workshops_ The organisation ¢ontinued to offer members athrties. special events. trips out in the minibus as well as en¢oyraging local people to hire the Halls_ The biggest stsndalone communty pioject was the Communty Reach project Ènga9ed wth young women of childbearing age to promote good heahh care in pgnancy. This project successfLJIIy engaged with 300 local women of many ethn and cultur81 backgrounds to promote the infomiation and signpost people to ante natal classes and general heaHh infomation to ensure good pregnancies. Flnanclal review The income of the charity for the Yearered 31st March 2023 was £120.31212022. £157,875), whereas the ¢ost of Charrtable Actiwties was £155.950 {2022.. £116.44718nd govemance Costs of £3,30012022." £3,000). During the year the overall net assets of the charty decreased from £472.651 10 £433.713. The resulis for the year are set OLrt in detail M pages 5 to 15. Small company provisions This report ha5 been prepared in acCOrdar with the provisKJns aPpIable lo companies entit lo the small companie5, exemption. The trustees, annual report was approved on 2tYh December 2023 and signed on behaM of the board of Iruslees by." rJ P Agrawal The Chair
The Council of Asian People (Haringey) Company Limited by Guarantee Independent Examinerfs Report to the TtreS of The Council of Asian People (Haringey) Year ended 31 March 2023 I report to the trustees on my examinat)n of the financial Staterrnts of The Council of Asn Peop {Haringeyl I'lhe charty? for the year ended 31 March 2023. R•sponslbllltl•s and basi$ of report As the Iruslees of the company land abo rts directors for the purposes of company lawl you are responsible lor the preparatft of the finart¢ statements in acctydance wr¢h the requirements of the Compan$ Act 2006 Phe A¢r). Having satisfied mysel ttot the ac£ounts of the conyany e ncrt required to be aarted under Part 16 of the 2¢J)6 Acl and a eligible for independent examination, I report in SpeCI of my examination of Ihe Charity's accounts as carrted oul under section 145 of the Charils Acl 2011 I'lhe 2011 Act'l. In carying Out my examination I have folkxed the Oireclk)ns gwen by the Charity Commission under seclKJn 145(51{b} of the 2011 Act. Indgpendent ejtamlnerfs statwnent I have completed my examinion. l ¢onfimi that no mattets have cc¥r to my attention in connection with the examination giving cause to believe.. accounting recd$ were not kept in Pect of charity as required by section 386 of the 2006 Act., or the financr41 statements do not COrd with those record5. or the financial sL*ements do ncl c(ryty with the accounting requirements of section 396 ofthe 20C6 Aet other than any requirement that the a¢wunts gNe a Irue and fairf vbew %thi¢h is not a matter ¢onskknd as part of an independent examinath?n' or the financial sLernents have not been prepared in accordance wlh the methods and principles of the Statement of Recommended PraCte for accounting and reporting by eharrties applicable lo Charrts preparing their accounts in accordance wth the Financrdl Reporting Standard app"cable in Ihe UK and Republ of Ireland {FRS 102). I have no Concerns and have ccthe acros5 no other matters in connection wrth the examination lo which attenlion sht)uld be drawn in this report in order lo enable a proper understanding of the cOuntS lo be reached. Brlan Paul Limlted Chartered Accountants Independent Examinor Chase Green Hous• 42 Chas• Slde Enfield Middlesex EN2 6NF 20 De¢ernber 2023
The Council of Asian People (Haringey Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2023 2023 unreStrted Restn"cted funds funds Total funds Totsl funds 2022 Income and •ndoMn•nts DonalKJns and kgacies Other income 5.274 115,038 5.274 115.038 66,040 91,835 Total income 120.312 120.312 1S7,875 Expenditure Expendrture on charitable actNities Total expfrndlturn 159.250 159,250 119.447 {159.2501 (159.2501 1119,4471 Net {expenditurellincom• and n•t movement in lunds 138.9381 {38.9381 38.428 Recon¢illatlon ol funds Total funds brought foward Total funds ¢arried forwa 461,000 422.tffj2 11.651 4n,651 433.713 434.223 472.651 11.651 The statemenl of financial actNities in¢lude$ all gains and k>sses recognised in the year. All income and expendrture derive from continuing xtivities. Th• notes on page$ 10 to Errorl Bocknark defined. form part of th•M fIn•Ill 8t•t•rnents.
The Council of Asian People (Haringey) Company Limited by Guarantee Statement of Financial Position 31 March 2023 2023 2022 Note Fixed a55ets Tangible fixed assets 12 367.023 358.805 Current assets Debtors Cash at bank and in hand 13 4.545 83.900 14,033 123,782 137,815 88.445 Creditors: amounts falling due within one year Net current assets 14 21.755 23,969 66,690 113,846 Total assets less current liabilities 433,713 472.651 Net assets 433,713 472,651 Funds of the charity Restricted funds Unrestricted funds.. Revaluation reseNe Other unrestrKted income funds 11,651 11.651 150,000 272,( 150,000 311,000 Total unrestrict•d funds 422,CE2 461,000 Total charity funds 16 433,713 472,651 For the year ending 31 March 2023 the charty was enlrfed to exempts.on from audit undei section 477 of the Companies Act 2006 relating to small companies_ Directors. responsibilities.. The members have not required the company lo obl8in an audit of ils financial st*emenls for the year in questi(M in accordanee with section 476". The directors acknowledge their responsibilrties for complying wrth the requirements ofthe Act with respect to accounting records and the preparation of financial slalements. These financial statements have been prepared in accordance with the provis$ applicab lo companies subject to the small companies. regime. These financial slalements were approved by the board of trustees and authorised for issue on 20th December 2023, and are signed on behalf of the boafd by.. MrJ P Agrawal Trustee Mrl Butt Treasurer The statement of financial position continues on the following page. The notes on page 10 to 15 fowm part of these financial statements.
The Council of Asian People (Haringey) Company Limited by Guarantee Accounting Policies Year ended 31 March 2023 619 of preparation The financial Statements have been pPed on the Imsloricol cost basis. The financial statements are prepared in sterling. whh is the fUnCtnal currency of the entty. Golng ¢on¢em There are no matenal uncertainties about the chanty's atylty to continue. Judgem•nts and key $our¢•s of wstlmation un¢ertaliity In producing these accounts. the direclors have considered accounting policEs & levant estimates. In the director's opinion and to the best of their knledge signfvant a¢untIng entries we based upon facts. However. these accounts do include estimates relatim lo uselul Ire of assets. defwred t8X provision and immaterial prepayments and accruals. Fund a¢¢ounting UnrestrKted fvnds are available for use al dtscreti.on of the trustees to further ary of charivs purposes. Designated fuTrJs a unrestrKled funds eamwthe(I by the tntstees for hrture project or comrn((ment. Restricted funds are subpcted to restrictions on thetr expendrture declared by the donor or through th8 terms ol an appeal and fall into one offv SUsSes.. reslrthd in¢orr funds or èndowment funds. Incoming resources Voluntary income including donat)ns and is recognised as income as soon as it is pwdent and pracluble lo do 50. Intangible voluntary in¢c¥ng or donatwis -in4(ind ¥e not In¢ded in Ihe Financial Slalements as their values are often Inpossle lo quantrfy. Grants from Government and similar grants are deaA with in a¢cordance with the lemis un¢Jer which they are given. Where no spla1 tern are attached, they are dealt with on a receivable basis.
The Councll of Aslan People {Haringey Company Llmitsd by Guarantee Accounting Pollcles Year ended 31 March 2023 Resources •xpended.. Expenditure is reccJntsed on an accnJals basis as a liabilty ts incurred. Expenure ind5 any VAT whKh cannot be fully recovered. and is clasSrfd under headings of the statement of financral activities lo which rt relates: . Expendrture on raisin9 fvnds indudes the costs of al fundraising activities, events. non-tharitab trading activits. and the sale of donated goods. . Expenditure on charilable actwities indudes all costs ineurred by a chanty in undertaking aclNrties that further i(s Chantable aims for the benerrt of rts benefrieS. including those support costs and costs relating lo the govemance of the charty apPortned to chwrt)b xtNrties. . Olherexpendrture includes al expendrture that is neither related lo raising funds for the charity part of ts expenditure on charitle activitw. All costs are allocated to expendrtu Categories reflecting the use of the resour¢e. Direct Costs attributable lo a single actNty are alb¢ated directly to that actNity. Shared wsts are apportioned betsen the actTriities they contribute lo on a r&isonable. justffiable and consist•nl basis. Tangible assets Tangle assets are inrtialty recorded at cost. and subs8quentty stated al cost 18ss any accumuLed depreciatson and impairment kxses. Any tangible assets carrd at revalued amounts are recorded al the fair value al the date of revaluation less any subsequent accumulated deprttIalTr and subsequent accumulated impairment losses. Depreciation Depreciation is cakulated so as towrrte off the cost or valuation of an asset. less its resKlual value. over the useful economic ffife of that asset as ftJlb)ws'. FtureS and frtting$ Motor vehicles lA slrayht line 25°A slraght line Fbnancial instruments The Charity ha5 elected to appty the provisions of Section 11 'BaS Financial Instruments, and Section 12 '01her Financial Instruments Issue5, of FRS 102 to al of rts financial instruments. Financ1 instMentS are recognised in the Trusys balance sheet when the Tn b8c0*S paty to Ihe contraelual provisions of the instrument. Financial assets and liabdrtie$ are offset. with Ihe net amounts presented in the financkal ststements, when there is a legally enforceab ri9hl to sel off the recognised amounts and there is an intention to settle on è net basis or to realise the asset and settle the liabilty simultaneousty.
The Council of Asian People (Haringey) Company Limited by Guarantee Accounting Policies (¢oftlIn) Year ended 31 March 2023 Defined ¢onlribution plans Contributions lo defined contribution plans are re¢ognised as an expense in the period in whh the related service 1$ provided. Prepa ntributionS are re¢ognBed as an asset lo the extent that the prepayment will kad to a reducth)n in future payments or a cash refund.
The Council of Asian People (Haringey Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 G•neral IormatIon The charrty is a publ benefit entty and a private company hmited by guarantee, registered in England and Wales and a registered charity in England and Vla. The address of the registered office is 8 Caxton R¢)ad, Green. London. N22 6TB. Ststement of compliance These financk?I statements have been prepared in ccthpliance wth FRS 102, The Financial Reporting StarKlard applicable in the UK and the Republ of Ireland,, the Ststement of Recommended Pra¢ti¢e applicable to Charit preparing thwr aOunt$ in accordance with the Financial Reporting Stsndard app1Kab in the UK and RepublK of Ireland {FRS 102} (Chanties SORP IFRS 102)) and the CM)panies Act 20C6. Limlted by guarantee In the event of the cconpany bw.ng wound MeTr are requ¥ed lo contribute an amount not exceeding £1. Donalions and legacies Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Donallons Donation$ 5.274 5.274 13.252 13,252 Grants Grants weivable 52.788 52,788 5.274 5.274 66,040 66.040 Other in¢om• Unrestrrcted Total Funds Unrestrted Tclal Funds FurKJs 2023 Funds 2022 Day care, Hall hire, Lun receipts 115,038 115.038 91.835 91,835 Expendhure on charltable actlvilies ty lund type Unrestrthd Tolal Funds Unre5trKled Total Funds Funds 2023 Funds 2022 Day care adiwtses Local $u$tainabilty fvnd Support costs 120.120 35.830 3.300 120,120 35,830 3,300 88.267 28,180 3,000 88,267 28.180 3.000 159.250 159.250 119,447 119,447 10
The Council of Asian People (Haringey) Company Limited by Guarantee Notes to the Financial Statements (¢•nthu•dJ Year ended 31 March 2023 ExPendIre on charitable activlties by athlty type Actrrfities undertaken directPy Support T¢>tal funds 2023 Total fund 2022 Staff eosls Employers Nl ContributKn Defined pension contribLrtion Rent, rates & water LvJhl and heal Repairs and maintenance6 Insurance Motor expenses Telephone and intemet Office and a¢tMty costs Legal and Professnal lees Depreciath)n Govemance costs 1(E.510 1.676 1.426 3.021 3.525 3.759 3.293 2.272 6,744 14,914 1.092 7.718 1C6.S10 1.676 1,426 3.021 3,525 3.759 3,293 2,272 6.744 14.914 1.092 7,718 3,300 79.484 561 4.413 7,396 3,020 1,769 998 4.623 6,558 1,442 6,183 3,000 155.950 3.300 159,250 119,447 N•t lexp•ndStureVin¢ome Net (expendituVincome is stated after chargin91{crediling).' 2023 2022 Depreciion of tsngible fixed assets 7.718 6.183 Indopendent examin*ion fees 2023 2022 Fees payable to the independent examiner tr. Independent examinati¢ of the an¢1 statements 3.300 3.000 10. Staff costs The total staff costs and emptyee beneffts for Ihe reportmg perd are anatysed as folltr•¥S". 2023 2022 Wages and salaries Social 5e¢urty costs Employer contributs.ons lo pension plans 1C6,510 1,676 1,426 79.484 561 109.612 80.045 The avera9e head count of empbyees during the year was 712022.. 71. The average number of fvii-time equN8lenl empknyees during the year 15 anatysed as follows.. 2023 2022 Number of Staff 11
The Council of Asian People (Haringey) Company Limited by Guarantee Notes lo the Financial Statements (¢Ofthts¢oJ Year ended 31 March 2023 No employee re1Ved wnployee befft$ of than £60.000 during the year {2022'. Nil). 11. Trustee remuneration and expenses There were no Iruslees or employees wthose annual remuneration was £60.000 or more. 12
The Council of Asian People (Haringey Company Limited by Guarantee Notes to the Financial Statements {11&7 Year endod 31 March 2023 12. Tangibk fix•d •ss•ts LorJ leasehold Fixiures aThJ pr(4)erty frttings MotOT vehides Total Cost At 1 April 2022 Additrons 331,268 95,244 15,936 35.339 461,851 15.936 At 31 Mr¢h 2023 331.268 111.180 35,339 477.787 Dgpréclation At 1 April 2022 Charge for the year At 31 March 2023 81.842 4.184 21,204 3.534 24.738 103.046 7.718 86.026 110.764 Carying amount At 31 March 2023 331.268 25.154 10,601 14.13S 367.023 At 31 March 2022 331.268 13,402 358.805 13. Dobtots 2023 2022 Trade debtors Other debtors 10,028 4.005 4,545 4.545 14.033 14. CreditoTh- amounts falling due within one year 2023 2022 Accruals and deferred income Social securrty and other taxes Other cred((o 8,628 935 S,641 7.908 632 15.429 21,755 23,969 15. Pensions and other Post1ment benefts Defined contribution plans The amount recognised in income or expendrture as an expense in reIDn to defined ntrIbut)n plans was £1.42612022_ £561). 13
The Council of Asian People (Haringey) Company Limitsd by Guarantee Notes to the Financial Statements (toftvntsedj Year ended 31 March 2023 16. Analysis of charltable funds Unreslrid8d funds At 1 April 2022 Inco Expenditure 31 Marth 2023 General funds Unrestricted fvnd 124.000 337.Crf)O 120.312 (159,2501 85.062 337.0(Y) 461,OCrfJ 120,312 1159,250 422.062 At 1 April 2021 At Inwr Expendrture 31 March 1022 General fvnds Unrestricted fund 85.S72 337.000 157.875 1119,4471 124,000 337,000 422,5n 157.875 {119.4471 461.C(Q Restrfcted fvThds 1 April 2022 Inco ENpen¢lure 31 Il•rth 2023 Restricted Fund 11,651 11,851 At 1 Apn"12021 IrKon* Exwditure 31 2022 Re5trKted Fund 11.651 11.651 14
The Council of Asian People (Haringey) Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 17. An•tysis ol not assets l*irnn filnds Unrestricted Funds Reslrthd Total Funds Funds 2023 Tangible fixed assets Current assets 367.023 55.039 367.023 66.690 11.651 Net assets 422,062 11,651 433.713 Unrestrthd Restricted Total Fund$ Funds Funds 2022 Tangible fixed assets Current assets 358.805 11r2.195 358,805 113.846 472,651 11,651 11.651 Net assets 461.000 15