Young Asian Voices – Annual Report and Accounts – Year Ending 31[st] March 2021 - Charity No. 1054783
Charity Registration No. 1054783
YOUNG ASIAN VOICES
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Young Asian Voices – Annual Report and Accounts – Year Ending 31[st] March 2021 - Charity No. 1054783
Legal and Administrative Information
| Trustees | P Andrew |
|---|---|
| T Hussain | |
| I Kay (Appointed 11 Nov 2020) | |
| B Rahman | |
| L Abdullah | |
| S Miah | |
| P Brigham | |
| R Begum | |
| S Hussain | |
| M Begum | |
| Charity Number | 1054783 |
| Principal Address | Sans St Centre |
| Upper Sans Street | |
| Sunderland | |
| Tyne and Wear | |
| SR1 1HG | |
| Independent Examiner | J Maxwell |
| 11 Edith Street | |
| Jarrow | |
| NE32 5HS | |
| Bankers | Royal Bank of Scotland |
| Drummond House, | |
| 1 Red heughs Avenue, | |
| Edinburgh, | |
| EH12 9JN | |
| Advisors | PC V Holt |
| M Leadbeater | |
| C Kelvington | |
| S Aslam |
Young Asian Voices – Annual Report and Accounts – Year Ending 31[st] March 2021 - Charity No. 1054783
Trustees Report
The Trustees present their report and financial statements for the year ended 31 March 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Trust's governing document, the Charities Act 2011 and "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)" (as amended for accounting periods commencing from 1 January 2016).
Objectives and activities
The object of the charity is to pursue any charitable object calculated to benefit the community, in particular the young Asian members.
Young Asian Voices works towards equality of opportunity and social justice for all people in the City of Sunderland irrespective of race, ethnicity, class gender, sexual orientation or cultural background. The charity conducts operations with these principles in mind. It believes that positive and constructive relationships must be developed between all different communities in Sunderland. They seek co-operative and fraternal partnerships with individuals, organisations and community groups that hold similar values and principles.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Trust should undertake, in particular the Commission's guidance on public benefit.
Achievements and performance
Staff and Volunteers continue to offer their services and help with project work.
There is an increase in membership which has led to an increase in number of sessions offered.
Young people and staff have been involved in various training programmes throughout the year increasing their skills and knowledge and to help improve the quality of provision offered:
| Introduction to Youth Work | Committee Skills |
|---|---|
| QualityAssurance Training | CapacityBuildingtraining |
| Environmental training | Health & SafetyTraining |
| DisabilityAwareness | First Aid |
| NVQtraining/Apprenticeship | Food Hygiene Training |
| Volunteer’s training | Football & Cricket Coaching |
| Monitoring& Fundraising | Equality& DiversityTraining |
| Duke of Edinburgh Awards | Trainingin Care |
| Street Games | Multi Sports Coaching |
| Research Media Skill training | Event Planningand Risk assessment training |
| Mental Health Awareness | IT Training |
| FundingInformation Workshops | ChallengingUnacceptable Behaviour |
| QualityAssurance | Scouts Induction Training |
| Peer Research | Deepdive into immersive technology |
| Campaign Messaging, Audience & Network Mapping |
Social Media Marketing |
| ECB Foundation 1 Coach | Employabilitysupport induction |
Young Asian Voices – Annual Report and Accounts – Year Ending 31[st] March 2021 - Charity No. 1054783
Group key session numbers achieved for the year ending March 2021 are:
Contact: 1120 , Participants: 700 , Recorded Outcome: 500 , Accreditation: 200 .
The Charity continues to further develop Youth committees, Youth Voice and a Volunteer Project. In response to the continuing demand of the minority groups within the area, the charity has provided sport, centre based and out of centre sessions to various groups within the Sunderland.
There has been an increase in demand for junior membership, young volunteers, women and young girls group work throughout the year. The programmes offered have been to help develop their Employability and Social skills and continue with issue-based work and sports sessions such as fitness for adult women and men. This pattern of increase in demand continues as there are more people interested in joining YAV and accessing services.
YAV played an active role in city culture and diversity events throughout the year and has been seen as a leading organisation for delivering youth and community work within marginalised committees. The charity continues to be supported strongly by Volunteers and Staff in carrying out its work and this has been highly appreciated by Staff, Management committee and everyone involved in the Charity.
Financial review
The management committee are fully involved in developing action plans and fundraising plans to focus on the future development of the Charity.
The Charity's core focus during the year continued to be the provision of youth sessions and activities.
Total funds stand at £110,397 (2020 - £32,992), with free reserves standing at £55,423 (2020 – negative £15,733).
Fund Policy
It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s unrestricted expenditure. The Trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Trust’s current activities while consideration is given to ways in which additional funds may be raised.
Structure, governance and management
Young Asian Voices (also known as "YAV"), is constituted under a trust deed dated 18th February 1996.
Trustees are nominated / removed from the board by existing members. New members take part in introduction procedures which involves identifying any training needs and outlining their roles and responsibilities.
The trustees report was approved by the Board of Trustees:
Name DR Paul Andrew
Signature
Date 25/01/2022
Young Asian Voices – Annual Report and Accounts – Year Ending 31[st] March 2021 - Charity No. 1054783
Independent Examiners Report
I report to the Trustees on my examination of the financial statements of Young Asian Voices (the Trust) for the year ended 31 March 2021.
Responsibilities and basis of report
As the Trustees of the Trust you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the Trust’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
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 Trust as required by section 130 of the 2011 Act; or
-
2 the financial statements do not accord with those records; or
-
3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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 financial statements to be reached.
Julie Maxwell
Dated: 12/01/2022
Young Asian Voices – Annual Report and Accounts – Year Ending 31[st] March 2021 - Charity No. 1054783
Statement of Financial Activities including Income and Expenditure Account – Year Ended March 2021
| Notes Income Donations and Legacies 2 Charitable Activities 3 Total Income Expenditure Charitable Activities 5 Net Income and Expenditure Before Transfers Gross Transfers between Funds Net Movement of Funds Fund Balances at 01/04/2020 Fund Balances at 31/03/2021 |
Unrestricted Funds Restricted Funds Total 2021 Total 2020 £ £ £ £ 4,342 0 4,342 12,009 75,827 217,879 293,706 201,825 |
|---|---|
| 80,169 217,879 298,048 213,834 -24,338 -196,305 -220,643 211,232 |
|
| 55,831 21,574 77,405 2,601 15,325 -15,325 0 71,156 6,249 77,405 2,601 -15,733 48,725 32,992 30,391 |
|
| 55,423 54,974 110,397 32,992 |
The statement of financial activities includes all gains and losses recognised in
the year.
All income and expenditure derive from continuing activities.
Young Asian Voices – Annual Report and Accounts – Year Ending 31[st] March 2021 - Charity No. 1054783
Statement of Financial Position as at 31[st] March 2021
| 2021 | 2020 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Fixed assets | ||||
| Tangible assets | 0 | 678 | ||
| Current assets | ||||
| Debtors | 70,375 | 14,502 | ||
| Cash at bank and in hand |
43,001 | 21,481 | ||
| 113,376 | 35,983 | |||
| Creditors: amounts | ||||
| falling due within | ||||
| one year | -2,979 | -3,669 | ||
| Net current assets | 110,397 | 32,314 | ||
| Total assets less current liabilities |
110,397 | 32,992 | ||
| Income funds | ||||
| Restricted funds | 54,974 | 48,725 | ||
| Unrestricted funds | 55,423 | -15,733 | ||
| 110,397 | 32,992 |
The Accounts were approved by the Trustees on 25[th] January 2022
Name Dr Paul Andrew
Signature
Young Asian Voices – Annual Report and Accounts – Year Ending 31[st] March 2021 - Charity No. 1054783
Notes to the Financial Statements
Accounting Policies
Charity information
Young Asian Voices (also known as "YAV"), is constituted under a trust deed dated 18th February 1996.
The financial statements have been prepared in accordance with the Trust's governing document, the Charities Act 2011 and "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)" (as amended for accounting periods commencing from 1 January 2016). The Trust is a Public Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the Trust. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
Going Concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
Charitable Funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Designated funds relate to the purchase of tangible assets to be used for charitable purposes as laid down by the donor.
Income
Income received by way of donations and grants is included in full in the Statement of Financial Activities when receivable.
Young Asian Voices – Annual Report and Accounts – Year Ending 31[st] March 2021 - Charity No. 1054783
When donors specify the donations and grants, including capital grants, are for particular restricted purposes, which do not amount to pre-conditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable.
The value of services provided by volunteers has not been included.
Interest is included when receivable by the charity.
Expenditure
Expenditure is included on an accrual’s basis.
Governance costs are those incurred in connection with the administration of the charity and the compliance with constitutional and statutory requirements.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures, fittings & equipment 25% reducing balance. Motor vehicles 25% reducing balance.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in net income/(expenditure) for the year.
Taxation
The Trust is a registered charity and is not liable to United Kingdom income or corporation tax on charitable activities, provided income falls within the charitable exemptions and is spent on charitable purposes.
Donations and Legacies
In 2021 £4,342 was unrestricted and £0 was restricted
Young Asian Voices – Annual Report and Accounts – Year Ending 31[st] March 2021 - Charity No. 1054783
| Charitable Activities Awards For All Comic Relief Peoples Health /Peoples Postcode Durham Community Foundation Fore Raft SIB Greggs Trust Durham Cricket Ground Sunderland City council Sunderland City Council CLLD Children in Need Community Foundation Ballinger Charitable Trust Fancy a day out PCC Virgin Money Lloyds Bank PLC Sports England Street Games Hays Travel Shears Foundation Sir James Knott UK Youth Other Fund |
Unrestricted Funds £ 24,338 24,338 |
Restricted Funds £ 9,390 3,985 14,434 13,984 5,042 16,080 1,000 23,345 2,728 11,791 4,800 10,531 36,501 2,250 1,276 3,200 10,000 25,968 196,305 |
Total 2021 £ 9,390 3,985 14,434 13,984 5,042 0 16,080 0 1,000 23,345 2,728 0 11,791 0 4,800 0 10,531 36,501 2,250 1,276 3,200 0 10,000 50,306 220,643 |
Total 2020 £ 0 7,154 0 0 0 5,582 15,000 7,103 3,425 29,000 22,453 24,848 11,938 1,014 0 14,896 8,781 46,347 1,645 2,324 1,525 5,008 0 3,189 |
|---|---|---|---|---|
| 211,232 |
Young Asian Voices – Annual Report and Accounts – Year Ending 31[st] March 2021 - Charity No. 1054783
| Charitable activities Staff wages inc Pension and NI Insurance Bank charges Printing, postage and stationery Project work Staff development and travel Light and heat Telephone Building Charges Depreciation charge Governance costs Management support Repairs Other interest charged |
2021 £ 120,185 6,950 286 975 58,015 7,856 9,523 1,950 2,589 678 3,575 8,061 220,643 |
2020 £ 123,926 6,894 288.85 855.21 47,095 6,321 6,601 1829 2,256 1785 4,981 8,400 |
|---|---|---|
| 211,232 |
Young Asian Voices – Annual Report and Accounts – Year Ending 31[st] March 2021 - Charity No. 1054783
Tangible fixed assets
| Cost at 1st April 2020 Additions at 31st March 2021 Depreciation at 1st April 2020 Charged in year at 31st March 2021 |
Fixtures and Fittings Motor Vehicles Total Fittings £ £ £ 678 0 678 0 |
|---|---|
| 678 0 678 |
|
| 0 0 0 678 0 678 |
|
| 0 0 0 |
Employees
| Employees | ||
|---|---|---|
| 2021 | 2020 | |
| Number | Number | |
| Project Worker | 1 | 1 |
| Business Admin | 1 | 1 |
| Youth and Sports Workers | 8 | 7 |
| Total | 10 | 9 |
| There were no employees whose | annual remuneration was £60,000 or more. |
Young Asian Voices – Annual Report and Accounts – Year Ending 31[st] March 2021 - Charity No. 1054783
Restricted Funds
| Comic Relief Fancy a day out Children in Need UK Youth Greggs Foundation Peoples Health Trust Postcode Neighbourhood Awards for All Ballinger Charitable Trust Lloyds Foundation Sports England Street Games Satellite Club Virgin Money CLLD Durham Community Foundation Sports England Emergency Barrow Cadbury Trust Hays Travel Northumbria Police Furlough Fore Raft Fund DCM Shears Foundation |
Balance at 1st April 2020 Incoming Resources Resources Expended Transfers Balance at 31st March 2021 £ £ £ £ £ 0 2,000 -3,985 1,985 0 0 1,000 -1,000 0 0 5,377 2,691 -2,728 5,340 0 10,000 -10,000 0 8,750 15,000 -16,080 7,670 0 11,975 -9,993 1,981 0 13,139 -4,441 8,698 0 9,390 -9,390 0 11,035 11,920 -11,791 11,164 1,659 8,870 -10,531 0 0 0 37,195 -27,083 10,112 2,406 2,250 -2,250 -2,406 0 14,946 -14,946 0 0 30,595 -23,345 7,250 0 14,000 -13,984 16 9,440 -9,418 22 2,646 2,646 1,276 -1,276 0 4,800 -4,800 0 0 2,684 -2,684 0 5,000 -5,042 42 0 23,284 -23,284 0 3,275 -3,200 75 |
|---|---|
| 48,724 217,879 -196,305 -15,325 54,974 |