Compan>. ReLJjStration Number- 2545434 Charitv Rek¥istration Number - I1436 Shaheed Udham Singh Asian Community Centre Ltd Trustee's reports and Accounts Year Ended 31 March 2022
Shaheed Udham Singh Asian Community Centre Ltd Year ended 31 .March 2022 Contents of the Accounts Contents Pa%es Ch](Y illforinaiion Tru4tee%' annual report Independcni examii)er'% repor(10 ihe tru%iees sIalennI of financial aciivitics BdldllL¥ Sheei 7iv 10 Noies (o (he accounts 12 10 17
Shaheed Udham Singh Asian Community Centre Ltd Charity information Regisiered Ch(Y ndme .' Shaheed Udham Singh A¥idn Cotnmunily Centre Ltd (Known ai)d Ird(ling ab A%idll ComTnUnilJ Centrel Charity regislrdtiun nuniber 11)01436 IEngland & Walc%] CDTnpanie8 hoyse regisiration number.. 02.$4fj4.14 IF.gland & Walesl Ibrincipal onice While Flari Road Pliini%tCiid London. SE18 IDG The trustees served the charity during the year ended 3110312022 (iurdev .Siiigh Rayai Krilhen Kumar Jalli S Ahmed Heer Kirpal Sin(Th The directors served the charity during the year ended 3110312022 Gurdev Singh Ray1 Ms Rusemdry Do)ugla% HadLianni Heer Kirpal Singyll Independent examiner Mr RJj¢ndrd SubLdi Chan¢r¢d AcLouiiidnt For chlaX A%4ocial¢% & Ci) 1113B l%ldnd Bii%ine%s Centre 18-.36 W¢llingt()n Stree( Woolwich London SE18 6PF Strueturey governance and management The chariiy i)perdtt% in aLLoradanLe wilh il% adopied conslituiion aiid Lode of Lonductb. The governing d(KumeEIi of ihc Churily i% the Memorandum & Articles ol Associatioii ¢%ldbili%hinb ihe company under COmPLin)' le(Tj%lation and the governing documenl is daied 01 (k'tober 1990 By operaiion ol law all truslee% e directors under ihe Cuinpdnies Act 2006 dnd dll directors ar¢ Iru%iee% ui)der Lh<irities legislaiion and have responsibilitie%. a¥ %uch, under both LQtnpany and chariiy legi4laiion dnd hive re%ponsibiliiies, as such. linder boih COJllPdny and chdrity legi%luLion. Tl)e iru%tee% all tnciividuals.
Shaheed Udham Singh Asian Community Centre Ltd Trustees, Annual Report Year F.nded 31 March 21122 Objectives aEid uctlvities of the Chgrity The purpose of the charitv is set out in its governing documents. Sh&heed Udham Singh Asian Comniuni(y Centre wds sel up 10 advance educaiion and (o provide laciliiie% for recre<llion and ()Iher lei%ure-lime OCLupdlion in Ihe iIlltrr¢sls of 4oLial weifarc 1[h ihe ()bjcLiive ol. impri)I'ing Ihe L()ndition of life f()F persons re%ideni iii tlie Rv)'al Burough ol Gi¢¢nwiLh land in pJriiLuldr Asian P¢r%on%l The main dclivilies undertdkeD during Ihe Ye i() fiirther the Charity'% purp()se for (he pllblic ben¢fii. The Centre provide% h&ll hiring facilities boih for pr2vate users and Lommunity organibaiion LD hold publie meeiini)s and coRf¢rcncc%, cilliiiril dnd sports aciiviiies %uLh ds Bh&iRgra DanLe, Gidda Ddnce dnd keep lit ¢la%ses through ihe medium Of ¢2rculaiory weighi irainirtg etc. The tru%lee% hdV¢ hdd r¢gard io ihe ChilY Commi%%ion'% gTuiddnLC on public benefii in managing ihe day iu ddy aclivilie% ol the Llidriiy. The tru%Lees' annual repon Wd% approved on 2110212025 and %igned on behalf of Ihe board ol Irusiees by.. Gur ' Siiiiyh l<ayai Tru%iee & direcior Pa1¢ -2
Shaheed Udham Singh Asian Community Centre Ltd Trustees, Annual Report (contiiilled) Year Ended 31 March 2V22 Financial review The findnLidl position of ihe Charily a% &E .31 $1 .MJrch 2022 and con1palIve5 for ihe prior period, as more fully detailed in ihe dCLOUnt% dre SLimni<kri.Ecd a.s below.. 71122 Nei (ExpendiiLircl I Iiicoine 12,4371 98,396 1?.4371 Unresiricted fund4 avalidble for Lhe gei)eTal purpose of (he Charily 1,271,160 1,172,764 Designaied funds - Fixed Asseis 811 811 Toidl fund5 ,271.971 1,173.-575 The truqtee% consider the financial perf()rnillnce by ihe charity during the yettr to have been %ali%fi?Ctory. Policies reserves The I.eserets will be used in the dreas ol activilies ¥ct out in it% governiiig doLunient.s. Availabilit) and adequacy of assets of each of the funds The board of Iru%teeK is %aiisfied ihdt the Chily,% d%%el_4 in each lund are available and adequate io fulfill 11% obligTalj()n% in re%peLt ol edLh lund.
Shaheed Udham Singh Asian Community Centre Ltd Trustees, Annual Report (Continued) Year Ended 31 ,March 2022 Statement of the Trustee's Responsibilities The Iru.£iee% ()f the Charily are re%poiitsible IDr the prepaiJEion of the accounts in llc¢ordance '11h ihe ierm% ur (he CopanieS Act 21K)6, the Charilie% Act 2011 dnd ihe Ch&rilie.4 IAccouni% & Report%) R¢gulaiion% ?1)08. Noiwiihstdnding ihe explicii requii'emeni in ihe extenl sldlulury regulJtioii%, the charitie¥ IAccoui)l% aiid R¢poTi%I re¥sulaiiuii% 2008. 10 prep£ire Ihe ljndncidl st<iienient.s iii aLLurddnLe with Ihe SORP 21M15. in vi¢w of Ihe faLi ihal th¢ SORP 2(K15 ha% been withdrawn, Ihe trLl%tee% deiemined io iiiierprei Ihi% respvnbibilily requiring them to follow Lurreni b¢%t practice and prcparL the dLLDuni.% dccording tv Ihe FRS IO• SORP Istdleineni ol Recommended Piaciice for Aec()Linting and Reporting by Chariiie%) 201.5 Ids amended by Lhe Bulletin issued in February20161 In pariieular.lhe companie4 2(X)6 and charity Idw require Ihe Board of Trusiees io prepe fjnancial iatelncnl s for each financial vear which give a truc and fair View of th¢ %iaie of aifairs of Lh# Lharily d8 dl the cnd of ihe iinancidl year and of ihe surplus or deficlt of (he charity. In preparing those finanLiaf statemenls the Board is required: al to prepe iht aLL()unis in aLcord4nLe with Uniied Kingdom Generally Accepied ALcouning ILpKGAAP) Practice ILTiiiled KiiibduIii ALLvuniii)g Sidnddi'd diid appiicabie lawl bl (0 4ele¢l.%uitable dCLQ)uniing policie% dnd apply Ihein Lon%i%ienily cl 10 niake judgemeiiis and e%iimdie% Ihdt are redsu1)iblc iind prudent d} 10 prepare ihe linancial %LateTnenl% on the gotng concern ba%]4 unle&.% il 1% inapproprÈate lo presutne ihai Ihe ¢htsriiy will ¢ontiTrue in bu%incss- e} io %iaie wheiher applicable dccounting standards and %iateineni% of recc)mmended pracliL¢ have been followLd ubjeLI Io <iny m<iieri(Il dep£ifLures di%LIused dnd expl(iine£J in Ihe IindllLidl 5ldteineni%. The Idw reqLltres ihai (he TrusLee5 musl nui approve the dccvuiiis unless ihey are %atisfied thLti the J. give il iriie and fdir view ol Ihe Sla of aflairs of the charity alld of Ihe %urplus or deficil ol the chi11Y for (he year The Trusiees are respo)nsible for mainiaining adeqiialt aLLuulliing records whicli disclose with red%uiiable aLLur¢lLy dt any lime Ihe financial posiiion of ihe Lhdiily <ind hiLh dre %uffiLienl iu shoii. and expldiii the ChiLy,% LfJn%dLLsun.s £iiid en<ible Ihem 10 ensure thdl lh¢ I'inanLi&il %t411ements comply 1[h ihc Cump<illie% ALI 20116 iind cvn)ply wilh regulaiit)ns niad¢ undcr the Charitie8 ALI. Trl$[eCS are also responEible for safegiiardillg Ihe a84eis of ihe charity dnd taking red50nable sieps for ihe preiien(ion dnd deieciion vf fraud and oiher irrLgyulariiie4. The Trustee% ure <)l%o responsible for ihe con(enis of Ihe Tru%tcL%' i'eport. and Ihe siatLiior}' respon%ibility of Ihe Indcpcnd¢TiI Examiner in ieldiion io ihe Tru%iees' report 1% liniiied io ¢xaminingi ihe repori and eiisuriiig that i)Ii Ihe face of ihe report,there no maierial incon%isiencies willi ihc fÈgure% di%Llused in ihe linancial stdlcmeni%. Method of Preparation of Accounts . Small Lovnpanv Proiisions The financÈdl ¥t&itemenL% die %ei out un page4 7 LO 17 The findnLidl %LdtemLnis have btLn prepdrLd implemenling the FRS 102 Sial¢Tnent c)f ReLommLndcd Practice for Accounting and Repi)rting by Chariiie% ISORPI 2111.fj an)ended by The Bulleiin i88ued in l.ebriiic ry 2(1 I f)) and in accordance with the Financial RcpDrtiiig sittndard 1112 leflective ls( January 20161. Pjige - 4
Shaheed Udham Singh Asian Community Centre Ltd Trustees, Annual Report (continued) Year Ended 31 March 2022 These financial stale2nenl% hdve be¢n prepared in dccorddl)ce wilh Ihe proviNion% in Pdrt 15 of (he Compai)ie ALI 21106, applic<lble to Colllpdnies siibjeci 10 Ihe ¥mall Lomp8nies regime. This repon was approved by the board ol tTu%lees on 2 l/ll21202.f. Gur ev Siiigli RJyaL Ditt¢ivr and Irustee Page-5
Shaheed Udham Singh Asian Community Centre Ltd Independent Examlner's Report to the Trustees Year Ended 31 March 2022 I repoil lo ihe Iiusiees on my exdmindlion ()[ the clCCOllllt.% ol. Shaheed Udhdin Sin¥h Asian Community Centr¢ Lid {'Ihc chariiy'l for Ihe year ended 31 mCh ?02? Responsibilities and basis of report A8 the Iru.%iees of the charity you dre re4p()n5ible for the preparation of the COun15 ill dccorddn¢e wilh ihe requirements of (he Charities ALI 2011 I'the AL(.). I repori in respeLt ol- Eny e.¥ainin<iiion of lh¢ ch41fiiy'% dcciiiinis C[1¥ uui linder seLli()n 145 01. (he 2111 l Aci & in Larrying oui my exaniindiion I have followed all Ihe applicable DireLlion% gTjI'en by ihe Chariiy Lommi%sion uiider seciion 1451.7 Iibl of Ilie Ac(. Independent exdminer's statenient I have coniplet¢d my ex<imiiiaiion. l Lvnfirm ihai nu maieridl mdlter4 haiwe COTne 10 my attention in coiinection with the examination giving nic cause tu believe Lhdt in any material re%p¢LI'. a) accounting records were noi kepi in respeci of ihe lhilY &% requircd by seciion 130 of Ihe Aci; or bl Ihe aLLounts do noi ae¢()rd wilh ihose records,. or Ll the accounig do not comply with the applicG1ble requiTemeiiis concerning Ihe lorni and coiiiei)i of dL¢ouni sei oui in ihe Chdritie¥ IAccouni8 and Reponsl Regulation% ?on8 nther than any reciuirem¢ni Ihdi the account give d'ti'ue and fdir, view which 1% noi a miitier ¢()n%idcied a% part of illl 11)dependcnt Cxaiiiinaiion. I hai'e no Loncern4 dnd hdve coine ticro%% no i)IheT mattcr% in conneciion wilh ihe exaininaiioii Èo hleh aiieniioi) should be didwn in thi.% Tewrt iii order [() ¥nabl¢ a prc)pcr under%idiid1ng of ihe aLc()uni% i(} be rc<iched. Independeni Examiner RajendrJ edi . FCCA. ACA F()r Chartdx Associaie% Ltd 10.3B Isldnd Business Cenire 18-.36 Wellingion Street Woalwich, Londoii SEI86PF Dale.. 2110212025 Chsrlax Associates & Co .ar'.-re¢5 Certified Accountants loaB4J l£land Busine&S Centre 18-36 Wellinglon Street Vjoolviich, London SE18 6PF Tel 020 3620 5814 P¢igFe . 6
tatement of Finllllcial Activities l&*OFA) for the Year Ended 31 marlh 2022
Shaheed Udham Singh Asian Community Centre Ltd Staiemeni of findnLial ALliviiie% {incliiding the Ii)LL)Ri¢ & Expendiiurt ALLouni lor Ihe Year Ended .31 MdrLh 2022 45 requir¢d by ihe ConipcllliC8 Aci 2(X16) Year Ended .1110312022 Unre%lriLied RL%II-ILted flind% 31103121121 SORP Ref Inci)me & Endowments from Donaii()ii% & leoaLie Other Lh(lrii<ible JLtlVilie Toial flind5 Totdl fund¥ Al 12,IX)11 1.$3.347 40,572 153,-347 T()ial Income 16_fi.A47 165..347 411.$7) Expenditure On Charitdble aLLivites B2 66.951 66.951 43.11119 Total expenditiire 66.9.51 6().951 4_B.11119 Nei Surplus IIDeficiil Trdii%ler% betweeii the funds Nct movement¥ iii funds 98.396 98..396 12.4.371 98.396 9X.IC)6 12,4.37) Recoiiciliaiion of Funds Toldl I'und% bll'd 1.17.3.575 1.17?,-fj75 1.176.012 Total fund% rlfd F= D+E 1,271.971 1,17_3.-57_5 The SORP Reference indicdied &bove is Ihe Lla%%il'sLdtion uf inLoine set out in ihe form<sl SORP doLumenis. As required dy paragraph 4.fio of ihe SORP. Ihe broughi forward and Larried forw'ird fLind% dbuve hdN'e b¥en agreed to the B¥ilance Sheet. A sePte Staietnciit of Total Recognised Gaiiis and Losse% is n(11 required as Ihis siatenieni iniludes all recognised gaii)¥ dnd losses. All aciivites derii'e froJn continuing operaiions. The notes attached on p#&¥e5 12 10 17 form an inte¥ral part of these aciounts.. Pdge-7 Statement of Financial Activities for the Year Ended 31 march 2022
Shaheed Udham Singh Asian Community Centre Ltd Year Ended 311V.312021 nrc%tricied Re%iiiLied luiidb
ORP Rel. Income & Endowments from Donaiion% & legacie% Oiher Churitdble aciivities TOMI lunds Al A.1 40..572 40,572 Totsl InLume Expenditure on Chdriiable aeiivites 40,572 4n,572 B2 43.009 Toidl expendiluTe 4_3,1109 43.009 Nei Surplus /IDLficitl Tran%l'er% b¢lween ihe funds Net movenEni% iii luiid 12,4371 1?,437) 1?.417) Re¢vncilia(ion of Funds Toial fund.s blfd 1,176.012 1,176,012 Toial fund% ¢/fd 1,173,575 1.17.1..57.5 The SURP Ref indicaled dbovc i% ihe Llassificdiion ol inLome N¢l out in ihe formal SORP documeni%. A required b), Pal"dgi'aph 4.60 of Ihe SORP. the bi"OUbThi forward atid Ldrried forw fui)d% dbove have been agrLed to Ihc Baldnce Sheei. A sepdraie Stdiement of Toval Recognised Gains and Los%es 18 not required as Ihis siaiemeni includes all recogni%ed in% and104ses. All aciiviies derive from Lontinuinbi operdlion%. The llotes attached on pages 12 to 17 form 2n integral part of thv•e accounts..
Shaheed Udham Singh Asian Community Centre Ltd Statement of Finaniial Activitie5 for the Year b.nded 31 mdrch 2117? (C'ontd.) Re.%vurces dpplied 2n ihe year ended .31 Mdrch 21122 low% fixed ¢1%5els for Chariiy 3110312022 3Ut)312021 98,396 12,4.371 19281 Funds generated in (he year as deidiled in SOFA Re£ource% applied on functional fixed a%%els Nel resour¢es available io lund Chilable aciiviiie% 98,-196 11,165} Th¢ re%ources applicd on fixed a%5eis for Ch1¢Y use represenis the co.%1 of dddÈtions le%s proc¢¢ds of any disposals. Moiements in revenue and c#pitAI funds for the Year Ended 3110312U22 Year Ended 3110312022 Unre%triLied Rc%iricie(I fundb .3110312U21 Total fund 1.173.575 98,-196 T] fiilld5 Acciiniilaied lund% blfd Rec()gJni4ed gJin% ulld Ilos%es) 1.17.1,575 98.396 12,4371 1 ?71 ()71 1 ?71.971 1.173.-f75 Summarv of funds AcLumulaied funds 1.271.971 1.271.971 1,17.3.575 The notes attsLhed pages 12 to 17 furm integral part ot these accounts. Page-9
Shaheed Udham Singh Asian Community Centre Ltd Statement of Financigl Aelavities for the Year Ended 31 march 21122 Intume and expenditure aL'eount {as required by the Lompanies Act 2U06} Ineominx resouree.s Income from ()peraiions GranL- Roylll Borough of Greenwich 3110312022 3110312021 153.347 411,572 12.000 Gross inLom¢ in the year 16.S.347 40,572 Expenditures ClilIable expenses IExLludin {depreciation & amortlsdtionl Depreciaiion and amortisalion Governance co%t Redli%ed on disposal% of 80cial invesiments which are prugFrdmme related Total expenditure in Ihe ye Nei 5urpluslllossl before idx in finan¢ial yeuT 62,829 2.682 1,440 960 47.1x19 12,4371 Rcidined siirplLlS for the fiiiancial year 98,.796 12,4.371 In dccorddiice with Ihe provi%ii)n% of Ihe Lompanie4 ac( ?IM)6. Ihc hcii dilig% cind subhedIng% ii%td in Ihc income and expeiidi(ure aLcount h&ive beei) dddpied LO reflecl ihe %PeLial naturc of Ihe chariiy'4 aLtll'ilie%. The notes attaehed on pages 12 to 17 form an integral part of these accounts. Pdgc- 10
Shaheed Udham Singh Asian Community Centre Ltd
BaldnLe Sheet #s at 31 Mdrch 2022
Note
SORP ref
31111312022
3110312021
Fixed Assets
Iiioible
Shaheed Udham Singh Asian Community Centre Ltd Notes to the ALcounts for the year ended 31 MarL,h 2022 11 Accounting policie5 Policies relaling to ihe productiopn uf the accounts Ba%is of preparation and accouniing eullveniion The dLLounts have been prepared on the (rualS basis. under Ihe hisiorical cosi Lonvention. and in accordance wilh ihe FnanCIal Reporiing Siand4rd 102. lel-f¢riive l.si Jdnuary 20161 dnd FRS 1112 PraciiLe for Accouniing and Reportii)g by Charities ISORP) 2015 la8 dTnended by the Bullelin is.%ued in February ?016) publi8hL'd by Ihe Ch41rilv Cnn)iiii%sion Èn Eiigldnd & Wale% ICCF.Wl. efleciive Janlliiry 21116.IThe SORPI. and in aLL()rddi)LL' Ith all applicable law in ihe chdrily'% jurisdiction of regisiraiion. cxcepi that Ihe chdrily has prepared ihe fiiiai1LllI iaiemeni% in 4ccordclnce wilh Ihe I-RS 102 SORP ISid(emenl uf ReLommended Practic¢ fni. AcLULIEltiiig di)d ReporiingT by Chariiie%l2015 (a% <iniended by Ihe Bulletin i%¥u¢d in February 20161 in prcference tu lh¢ previoLI SORP, whiLh hds been wiihdrawn the SORP 21K)5, noiwirh%ldndii1Tr Ihe l&lLI ilTr<ti Ihe extdnl *ialurory rcgulJiion%, Ihe Chdriiie% (Account% and Rep()ribl Reguliitlf)ns 2008 refer explicitly to the SOIIP 21KI.fj. Thi4 hd% been done to accord with cJrr¢ni besi practice. Polici relating to eategories of income gnd income recognitivn. Accounting for deferred income income re¢eiv¥d in {1dvlce Where ierm4 and condiiions rclaiing (o inLome have noi been Inel or uncertdiiiily exisis a.% Lu whciher the Lharily can meet any iems or condiiions oiherwisc withii) il% CDlllToI, income i% nol recogTnised bul 1% defeed ds a lidbilily uniil il 1% probable Ihat ihe (em)% or cotJdiiion% impo%¢d can be mei. Any bFrani Ihdt ]% %iibjeLt 10 perloFnianLe-relaied Londitions received in ddv&nce of deliverin¥ Ihe gT()()d% and .serNiLe% re4u%red by Ihdt Londiiion, or 1% subj¥LI lu uiiniei condiiionq wholly oui.side (he conlri)I i)f Ihc recipieiit charity, is accounted for 45 d liability dnd 4hown on ihe balance %heei deferred income. DeferTed income ]% released to income in the reporting period in whicli Ihe perlornidnLt-relaied or oiher Londilion% thai limii rec()gnÈtion are met. Poticies relgtitig to expenditure on goods and serwices provided to the L,harity. Rocogniiion of liabilitie% diid expendiiure A lidbiliiy. and ihe related expenditure, 18 re¢o¥nised when a legal or consiruciive obligalion exi%t% as a resuli of d pa%1 eveni, and when it is mure likely than noi Ihat a Iransfer of economiL benefi1¥ will be required in %eiilement. and when Ihe am()uni of Ihe obligJLion can be mea.%ured 01 reliably eliimated. Li4biliiies a2'j%jiio from luture fundingT L()Inmiinieni% Jnd cun%truLlive Dblibidp lj()n%, iniluding rformanCe reldt¢d granis, where Ihe limingT or ihe dtiitsuni ol- Lhe luiure expendilure rtqiiired io 4etile ihe obligdliun unceriain. gii'e rise tu a provi%ion iii ihe accoLtlli%, whiLh is review¢d dl tlie dccouiiting Ye end. The provifiivn is incredsed io r¢fl¢Li aiiy increases iii lidbilities. and ]% deLr¢d%ed by ihe utilisation of any provi%ion within ihe periOd.d reversed if any provision is no Ivngyei requir¢d.The5e mui'emenL4 are lhYed or credited 10 (he respective funds and aciivities lo whiLh the provi4ion relaie4. Volunteers In accordance wiih ihe SORP, and in reco?nition of Ihe diffi¢ulii¢% in placing a mone(ary value on the ¢(Iniribuiion from volunieers. the coniribu(ioi) ol voluniecr% 1% not incliided wiihin Ihe inLome ol. the charit}'. Howei'er, Iht Ii'u%tee5 value Lhe bib)n]fiLln( Lvntribuiion made 10 ihe activities of the Lh(ITily by unpaid volunteers and thi5 ]% d¢%cribed Inore l'ully in Noie 5. Tangible fixed l aiig)ible I'ixed 4%5ets are med.%ured at iheir origin:Il cos1 i'aliie, ()r sub.sequeni revaluation. Dr if donaied. a% described above. Cos( value inLlud¥s dll CO%L4 expeiided in briribTing lh¢ as%ei inio its inknded working condiiicin. 12
Shaheed Udham Singh Asian Community Centre Ltd r4otes to the AL'evunLs for the year ended 31 Miirch 2022 IConld} Depre¢idlion ha% been proi'ided at the following rates in order to wriie uff ihe a%¥etS lo Iheir anticipated residudl value or es(imdied u%efiil live.%. Freehuld preinises Plant & equipment Debtors Debtor% #re measured ill iheir recDverable amoun15 at the balance sheei date. 21 Liability to taxation The Trii8iee% cnn%ider that the chllrily sJiisfie% lh¢ te%is 4ei oul in Paraor£lph I Schediile 6 of the finLlllLe Acl 2010 for UK Lorporation Idx purpo¥es. Accordinbjly. Ihe Chariiy is po(eniially excmpi fr()m iaxaiioii ill re%peci of inLom¥ or cdpital g&in4 received within ca(egTories coi'ered by Lhdpier 3pdn I l ol (he Coryxiration Tilx Alt 20111 ()r Sectioii 256 of ihe Ta.xaii()n ()[ chlg¢able Gain8 Acl 1992, Lu ihe cxteiil ihal %ULh inLoine or are applied exclusively un the sp¥¢ilic ch1[abl¢ objecis of lh¢ chariiy dnd lor iio oiher PUTPU5¢. VAT is n(11 recni'erable by the chariiy.and i.s iherefor¢ iiicluded in ihe relevanL C()st% in the SiaiemeTEI nf F.inanLidl Aclivitie%. 31 Winding up or di55olution vf the charity Ir upon winding up or di88olutton of the Lharily ih¢re remain any dsseis. afier the %ati%faciion of all d¢bt% and liabiliiieN, Ihc d%.sei% repre%enie(I by Ihe dLeumulaied fund shdll be uanyferred lo sonie oiher Lharildbl¢ bvdy or bodie4 liaving similar (h7[ble object%. 41 The net Idefieitll.surplu.s before tux in the financial yvar The net Ideficii114Utplu% before (ax In Ihc fiiidncial year is staled Liher charging-.- 31103121122 3110312021 2.682 Nil 20% reducing) balance bd81. Deprecidiion ()f own fixed a%sei% 51 The contribution of vulunteers The chariiy depends on Ihe Eupport of its volunteers, which i5 much appreciaied. Expense% reimbiirNed to the volunieer.s for expenses incurred and th¢se amniinis hai'e been recogiii%ed iii ihe Si<iieineiii of l.'ii)aniiiil Activities ISOFA). The volunteer¥ and the charity accept and agree th21 no conira¢t of Cmploymeni 1% created by Ihese arrangen*nis. 61 Remuneration and payments to Trustee5 and persuns connected with them No tru%iee% ur per%otlS LvnneLied wiLh Ihein received any remuneraiion from ihc Charity. or any related entity. The W<i¥e% lui Ihe c£ Ilker is di%closed gepraielv iii ihe dLcounis INutt Number 2111. 71 Deferred income- Unrestricted and Designated fund.s Openiiig Deferrals Released of Prior Ye¢W Received n Ihe Year Deferred at Year End Advance deposits 3110312022 3110312021 ry2,950 The defcrral% included in Lreditor5 reldte to advance deposi1%. received for future hall hire which will be underiaken in (he 202212023 accounting year. Howei'er. dll ihe depu%Él% inLludingT ihe broughi fo)rwud Irum previou% year weie fully paid oft. dliring (he yeai. The4e deferriil.% Lirc included in Lrediiors Paue- 1.3
Shaheed Udham Singh Asian Community Centre Ltd Notes to the Arcounts for the year eDded 31 March 2022 (Loiild.) 81 Tangible fixed assets Land and Building 599,681 Plani and Machinery 171,481 Toial Cu%1 blfd on 0110412021 Addiiions during the year 771,162 Total as at 31103121)22 59Y,681 171,481 771,162 Depreciation depreLiation blfd tkpF¢ciation charge for ihe year 158,1171 2,682 158.071 2,682 Total as at 3110312022 1611.753 160,75.3 Net book value as at 3110.3122 .Nei book V<ilue at .311011?1 599,681 599,681 10,728 13.410 610.409 613,091 91 Debtors 3110312022 3110312021 Pr¢p4ynienis and accrued income 3,IM4 101 Creditors falling due within one ye*)r Accruals Trade Crediior Delerred Income - Unrestricted and designated funds 31103121122 3111)312021 3.360 567 1,9?0 22,950 3.927 24.870 111 Income and expenditure account summary 3110312022 311031?U21 As ai l.si April 21121 Nei %urpluslltkfi¢kl} ¢il'tcr tax lor ihe year ,17.1.575 176.1112 12.4371 .173,57.5 ,271,971 121 No related partv tra%¢115 There were no (ran.saction% wilh reldicd partics ii) th¢ year, excepi '11h regdrd LO Iru51ee 5 reniuiieraliun. Lrusiees expen%es and (ran%action4 wtth 8ubsidiaries which are fully disclosed. 131 Analysis of net assets between the funds As at 3110312022 Year Ended 3110312022 Lnre%iriLied Debignciied Regtricied funds To(dl fund T£Liig7ible lixed 41%S¢( Current asseis Current liabiliiic.s filly.-5C)11 66.S.489 1.3.9?71 665,48Y 11.Y?71 Total fundq 1,271,160 1,271,971 Pdgu- 14
Shaheed Udham Singh Asian Community Centre Ltd Nvtes to the Accounts fur the year ended 31 March 2V22 {L'oiitd.I As at 3110.112021 Icomprative5) Year F.nded .1110.1121121 Unre%lri¢ted DeNigiiated Rcsiricied flind fuiids Toidl fund. Tan(Tible fixed asseig CuirenL db.%ei8 Cui'reni liiibililies 613.091 556.6x3 124,870) 613.091 5x.fi ,-3.54 124,870) 28.671 Total funds 1.144.9114 28.671 1.171,575 141 Movements in total I'unds l as shown in Note 13 obtsve] Moiemeiits Traiisfers in liind%122 beiween th¢ Fuiid% CIFd IN()ie- l_fjl ruild lo 2.3 Opening Balancc L'nreslricted and designated funds Unre%iricted Revenue Fund% 1,172,764 98.-396 .271.160 Toial unre%tri¢tcd and designaied flind% 1.179.7f)4 98.-196 1 ?71,I60 Restricted funds LBG Aris and Culture Totdl re%lriLted lunds Toial funds of the charily 1 173.57.5 1 ?71.g71 lil Analysis of movemenLs of funds ower the year as shown in Note 14 Oiher Gdin% Miivemeni in IusNe InLome 165,347 Expeiises Unreslricied & designaied fundg 166,9.511 98,396 161 The purpose for which the funds are detslled in note 14 are held by the eharity are: Unrestrlcted and desixnated funds: These fund4 are held to meet Ihe chari(iible objectives of Ihe Lhdriiy to pi"ovidc fund% r()r th¢ future ChlIable aLtii'ities aLLordan¢e with ihe le&?i%ldii(>n ol Ihe chdrily. These funds <ire free frvni dll i)'pes or restriClsDn% ()n ihcir li%¢. Restrilted funds . The%e luiid4 Inu41 be used in the %pe¢ific drea5 . therefore. resiricied 10 use only in Ihe specified charitable 15
Shaheed Udbarn Singh Asian Community Centre Ltd NoÉe% tv the Accounts for the l'egr ended 3] March 2022 (Contd) 171 Ultimate controlling party The chdrily is under ihe cuntrol of lis le&Jdr I i])¢mbers. EN'ery meniber ol Ihe Lhariiy is obliged io coniribuie %uLh aJnouni as may he reqiiired nut ¢xceedin¥ £ l i(} Ihe d.s%eis ol. Ihe Loinpdny in Ihe eveni of il% winding LIP while he vr %he 1% a mcmber. or within one ye<if iifter he or she Led.4e8 ia be & member. Detailed an&ily%i% ol inLome and expanditure f()r Lhe ye ended 31101121122 as required by the SORP 2015 The analysis is classifÈed by conventional nominal de%cripiions and noi by activiiy. 181 Don4tlons and legaeies Yedr Ended 3110312022 Re4iriLied Year Ended 3110312021 Toial ruiid% UnresiriLied Toial Revenue girants Roy<il B()ruugh of Greeivnich Toidl publiL seLtor r¢i'enue grant i ?,Ixio 12,IN) 12.000 12.lxin 40.572 Tota] donalions & legaLie5 IA I I i? (inn 12.(KXI 40.-f 7? 191 Income from other non charitable , trading activities Year F.nded 311V312022 Year F.nded 311V312U21 T()lal fund 'niesifiLied Re%iricted rund funds 15.1,347 Total Ilall hiring f£icilili¢8 income 15.3,-347 Total from other aciivities IA31 151.347 1 fj.3,-347 201 Expenditure on eh#ritable gctivitles - Direct spending Year Ended 311O.31?022 Unre%lriLied Resii'icted Yvar F.nded 3110.312021 Total Contracted out services Icare takcr} Total direc( %pending 13.544 1.3.544 1.3.544 1 ?.686 2.686 Notes to the Accounts for the vear ended 31 Mareh 2U22 (Contdl 211 Expenditure on charitable aL'livities- Charitable tradin& Year F.nded 311031?U22 LTnre%iricied Re%iricted I'unds Year li nded .1110312021 TDldl Redllocdied from Support costs 51,967 51,967 29..36.3 Page -
Shaheed Udham Singh Asian Community Centre Ltd Notes to the Arcounts for the year ended 31 March 202? Iconld) 221 Support cvsts for chariti)ble activities Year Ended 31103121122 Resiric(ed Year Ended 31JO312U21 Tolal fiindb Unresiricied Toial Premises Expe2Jses Rale% waier chcirge Li&yhi hLai and power Cledning and wa%ie mdnagemeni Preinises rep<iifs (Ind renewlils Hand dryers, euro bind5kips Security ¥iliirm Properly in%ur<ince Profes%ional lee Administrative expenses Telephuiie. fax aiid iniernet Prin1ng alld siaiionery Travelling & sub%i%tence Legal Fee Sundry e.xpen5 Fin4ncial custs D¢preLiaiion Amorti8dtion Support co%t% before reall(Ication Le&%: Support costs reallocated to specific actii'ites ToLal LhaFilabl¢ trading costs Toial suppori cosi% 355 1? 6()4 615 6,247 240 12.423 15.11.53 1_5,1153 4,939 1.402 -3,360 7,-fj76 -3.-360 7.576 3.248 2.5?4 1,481 ?.5?4 1,4fll 44 375 108 196 179 375 108 2.682 2.682 51,967 51.967 ?y.l()3 151,9671 151.9671 129,3631 The ba%]% of allocalion of cos(s beiween dciivties is described under accouniing policie8. 231 Other expenditUTe - Governance costs Ye#r Ended 3110312022 Re%lriLted Y¥#r Ended 31111312021 Tolal Unre%triLied funds 1,440 1,44n Ti)tal Independent exdminer's fees 1,4411 1,44U 9611 9611 241 Total charitable expenditure 3I/U312022 3110312U21 Total Unr¢striLted Restricted Total Tot&il direcL %pending Total ChirlIlbIt tT&idtng Cosis IB2bl Taial %uppori co8l Tuial &TotnriLe Lo%is Total chariiable expendilure IB2dl 13.544 51.967 13.544 51,967 19.686 29,363 IB2dl I IB?eS 1.440 1.44n 960 4_3.11119 P&oe-17