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2021-03-31-accounts

Sikh Community & Youth Service (Registered charity, number 1027740) Financial statements for the year ended 31 March 2021

Page Contents
2 - 4 Trustees’ annual report
5 Independent examiner’s report
6 Receipts & payments account
7 Statement of assets & liabilities
8 - 9 Notes to the accounts

Sikh Community & Youth Service Trustees’ annual report for the year ended 31 March 2021

Full name Sikh Community & Youth Service (Nottinghamshire)

Other names by which the charity is known SCYS

Registered charity number 1027740

Principal address

14 Bank Hill, Woodborough, Nottingham, NG14 6EF

Trustees

Gurmel Singh, Chief Executive Paramjit Kaur Sandhu, Chairperson Iqbal Singh Sanghera, Vice Chair Sukhdev Singh Purawal, Treasurer (deceased, 26/08/2021) Harvir Kaur Takhar, Secretary Simranjit Singh Basran

Independent examiner

John O’Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL

Governance and management

The charity is operated under the rules of its constitution adopted October 1991 and most recently amended 28[th] November 2009.

Any changes to the Management Committee take place at our AGM in accordance to the constitution. Potential trustees have to be registered members of SCYS, advertisements and information to this effect is widely distributed. Nominations are requested by existing committee prior to the AGM with details about background experience and reasons why specific nomination. During the AGM individuals that are nominated, are voted for and seconded by other registered members of SCYS.

Objectives and activities

2

Sikh Community & Youth Service

Summary of the main activities undertaken for the public benefit

SCYS’s fundamental objective is to engage all members of the Community regardless of ages and backgrounds. This is demonstrated through the nature of the activities we offer as well as the diverse make-up of the community that access these on a regular basis.

Activities include:

Public benefit statement

The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.

Summary of the main achievements during the period

The council continue to provide venues at reduced costs in the interim of identifying a more stable accommodation.

2020-2021 have been largely affected by the Covid-19 Government guidelines therefore services have been restricted in their delivery.

We continue to serve the community and ensure we create a safe, structured environment with meaningful activities for children and vulnerable members of the community to thrive and reach their full potential. These services, although adhoc, run well and we pride ourselves in being able to deliver services even with nominal funds.

The regular youth forum and social networking groups for members are a lifeline to many who are considered high risk of isolation.

Many sessions have taken place virtually with some face to face activities within the limitations, this includes smaller number gatherings for youth services and open air activities for the women’s group. The innovative thinking of the team has allowed for many apps to be accessed in delivering numerous virtual sessions.

The charity’s policy on reserves

We currently have a small amount in reserve earmarked for staff salary or running costs in an emergency.

3

Sikh Community & Youth Service

Financial Review

Not having our own building over the last couple of years now has impacted the status of the organisation. We are managing this risk by running satellite off-site activities and working closely with the council and the voluntary sector in identifying a suitable property. We also regularly undertake an expenditure assessment to keep running costs minimal. Furthermore, we are fortunate to receive regular donations from members of the community and volunteers.

Signed on behalf of the charity’s trustees:

Signed ______ Date _ Paramjit Kaur Sandhu, Trustee

4

Independent examiner’s report to the trustees of Sikh Community & Youth Service for the year ended 31 March 2021

I report to the trustees on my examination of the accounts of Sikh Community & Youth Service (the charity) for the year ended 31 March 2021.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed ____ Date _______ 31/01/2022 John O’Brien MSc, FCCA, FCIE Employee of Community Accounting Plus

5

Sikh Community & Youth Service Receipts & payments account for the year ended 31 March 2021

2020
Total
Unrestricted
Funds
Funds
£
Note
£
Receipts
102685
Grants & donations
2
12634
-
Bank interest
3
12
Sundry receipts
102697
Total receipts
12637
Payments
11954
Activities & events
-
230
Application fees
-
180
Bookkeeping fees
-
-
Council tax
5440
6319
Freelance pay
-
600
Independent examination fee
-
896
Insurance
796
259
Payroll service
-
8
Printing & stationery
-
-
Project expenses
-
6602
Rates
-
2860
Room & venue hire
-
74
Telephone, internet & postage
-
111
Travel & transport
-
39572
Wages, NI & pensions
-
349
Sundry expenditure
-
70014
Total payments
6236
32683
Net receipts/(payments)
6401
127023
Cash funds at start of this period
71223
-
Transfers between funds
(7700)
159706
Cash funds at end of this period
69924
Restricted
Funds
£
42652
-
-
42652
15548
59
108
-
1986
606
-
259
14
1022
-
640
20
43
35406
975
56686
(14034)
88483
7700
82149
2021
Total
Funds
£
55286
3
-
55289
15548
59
108
5440
1986
606
796
259
14
1022
-
640
20
43
35406
975
62922
(7633)
159706
-
152073

6

Sikh Community & Youth Service Statement of assets and liabilities at 31 March 2021

2020
£
Cash assets
Note
159706
Bank accounts
159706
Other monetary assets
1665
Debtors - Grants & donations
-
Prepayments - Deposit for trip
1665
Liabilities
(12950)
Creditors
4
(12950)
These financial statements are accepted on behalf of the charity by:
Signed _____
Dated _____
Iqbal Singh Sanghera, Trustee
2021
£
152073
152073
-
1350
1350
(15938)
(15938)

7

Sikh Community & Youth Service Notes to the accounts for the year ended 31 March 2021

1. Receipts & payments accounts

Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.

2. Grants & donations

Big Lottery Community fund
Sport England
Home Office
DSL Group
Sundry grants & donations
Unrestricted
£
-
-
-
7500
5134
12634
Restricted
£
31286
9700
1666
-
-
42652
Total
£
31286
9700
1666
7500
5134
55286

3. Funds analysis

Funds analysis
Restricted funds
Inspirations project (Big Lottery)
Home Office
Sporting Equals
Unrestricted funds
General Fund
Designated reserve fund
Consortium
Opening
balance
£
90148
(1665)
-
88483
45331
6202
19690
71223
Receipts (Payments)
£
£
31287
(48986)
1665
(7700)
9700
-
42652
(56686)
12637
(6236)
-
-
-
-
12637
(6236)
Transfers
£
-
7700
-
7700
(7700)
-
-
(7700)
Closing
balance
£
72449
-
9700
82149
44032
6202
19690
69924

The specific purposes for which the funds are to be applied are as follows: Inspirations project is a holistic wellbeing project aimed at 45+ aged members of the BAME community.

Home Office is for destitute illegal immigrants who wish to voluntarily return home safely. Funding is claimed and received in arrears based on expenditure. Sporting Equals is for supporting vulnerable families and individuals at risk of isolation and negative impact to their wellbeing as a result of Covid-19. The activities include safety awareness and tackling sports inequalities.

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Sikh Community & Youth Service

The Consortium was a formation of groups within Radford Unity Complex working together for the purchase of the property we were operating from at the time. However; this set up collapsed and the property was sold to private buyers. The consortium no longer exists. However; the donations made by Trustees of SCYS towards this are ringfenced and restricted for potential property SCYS may invest in in the future.

Designated reserve fund covers staff salary or running costs in an emergency should the need arise in the interim of identifying other sources of funding.

The transfer from the General fund to the Home Office fund is to cover the deficit on this activity.

4. Creditors

Overpayment of Sport England grant
Independent examination fee
Payroll service
Wages, HMRC & pensions
Wages, NI & pensions (NEST)
Wages, NI & pensions net pay
£
4850
606
65
5119
139
5159
15938

5. Trustees’ remuneration

Trustees received no expenses, remuneration or benefits in this period.

6. Glossary of terms

Creditors: These are amounts owed by the charity, but not paid during the accounting period.

Debtors: These are amounts owed to the charity, but not received in the accounting period.

Prepayments: These are services that the charity has paid for in advance, but not used during the accounting period.

Restricted funds: These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.

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