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2024-03-31-accounts

sccyc WATERSIDE:CONNECT CONNECTING COMMUNITIES IANNUAL. GENERAL MEETING Sikh Community Centre & Youth Club SCCYC Registered Charity No: 1056764 info@sccyc.co.uk 07770 088568 1 01604 475802 sccyc www.scc c.co.uk In @sccycwatersideconnect U 35-37 stJames Mill Road, NN5 5JW WATERSIDE..CONNECT CONNECTING COMMUNITIES Illocal ivin eaVSCCYC FoodAidl

Our Impact |

SCCYC collect and collate data in quantitative and qualitative methods to monitor all services to ensure outputs, outcomes and quality services are delivered.

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300
People 2 78 People directly
6,000+ People were directly 23
supported by SCCYC
indirectly supported supported by
Partnerships Health & Well-being
by SCCYC awareness SCCYC Services
Services.
SCCYC
services, events and
Service 300 accessed
digital engagement
Recognition wellbeing and
sporting events
Awards
285
People directly 76
People supported
supported by SCCYC Food
by SCCYC Education &
Aid Service, Resources,
42 Training Services
Emergency Aid Campaigns
756
53
people Volunteer accessed
4,000
Volunteered in
56 Recognition visited the venue
People were
SCCYC Services,
Awards Sikh Museum hire/catering -
directly supported by
£35,000 value of new Social
Northampton
SCCYC Welfare Service
volunteering hours
Enterprise Hub
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Sustainability

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Welfare
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Wellbeing

An established innovative community hub providing vital needs led support for Northampton’s diverse community.

Core values led organisation, promoting socio, health, gender and racial equality.

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Skills
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Heritage

Centre for enterprise where all profit is dedicated to the social benefit of disadvantaged communities.

“Your hard work in the community and the way that you work with your volunteers is exemplary. The impact on the community is immense and as goes with this kind of work, beyond what you can measure.

Peoples’ lives are saved and changed and reactions to your news is an example of your reputation built up over years of hard work. Service driven by your faith is evident in all you do. It is a special and precious gift from you to the town.

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We are
grateful for
the
Recognition
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Thank you!”

Vice Lord Lieutenant of Northamptonshire

Background

Aims & Objectives

Background

The Sikh Community Centre & Youth Club (SCCYC) was formed in 1996 to provide services that other organisations were unable to provide to Sikhs living in Northamptonshire. SCCYC is now recognised as an innovative and strong forefront organisation that provides quality services to the Sikh, local and wider communities of Northamptonshire.

The Vision

SCCYC exists to meet the support, social, educational, health and cultural needs of the community by involving community members in shaping their own lives.

Mission

To develop a multi-agency and cross sector resource centre in Northampton that provides a one-stop solution to:

To improve the quality of life of all inhabitants of Northamptonshire through the structured provision of support services and development activities to diverse backgrounds in a safe environment. Specific aims are to:

Our diverse beneficiaries reside in the lowest 1%-10% indices for multiple deprivation: severe poverty, mental health, physical health and face isolation and migration challenges.

Our Team

Trustees and Management Board

SCCYC’s Management Board is a strong, long standing and successful combination of people with professional backgrounds, experiences and diverse skills. They continually strive to provide robust governance, strong leadership, and structured systems and policies towards achieving a professional organisation. The team welcomes innovation and creativity to achieve its goals of a flourishing charity that benefits all communities. The trustees are highly successful professionals and businesspeople, responsible for the building, maintenance and executive decision making.

Chair Harjinder Kooner Managing Director, HSBC Bank plc
Secretary Kuljit Bhangra Actuary - Associate Director
Treasurer Jagjit Shairi Management Accountant
Marketing & PR Krupa Chauhan Marketing Professional
IT Systems Rupinder Thind Senior Architect
Elders Services Charanjit Grewal Retired Social Worker
Youth Service Harpreet Jawanda University Student
Trustee Sean Sidhu Brar Barrister
Trustee Resh Diu Director of Dental Practise
Trustee Nirmal Chandi Retired Engineer
Trustee Harinder Kooner Businessman

Our Staff

Development Manager, 20 years' experience of devising strategy, securing funding, organisational development and managing SCCYC operations.

We contract qualified and experienced sessional staff to deliver specific projects and services.

Our Volunteers

SCCYC is a volunteer led organisation, volunteers co-design and help to manage and deliver all aspects of services. Most are long standing volunteers and enjoy their roles, gaining friendships, skills, a sense of belonging and achievement. Voluntary steering groups ensure that user led services are design and delivered.

Our Partners

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4 Funders
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23 Informal Partnerships

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130 Donors
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A heartfelt thankyou for your support.

We dedicate a substantial amount of time to build cross sector partnerships and contribute to various forums and alliances towards a joined-up approach to serving the County.

“….Positive impact of their work and activities which include direct support services for all communities in addressing poverty”.

Rachel McGrath, CEO Northamptonshire Community Foundation

Our Stakeholders

People receiving critical support, such as food, hygiene products, toiletries or complex welfare support

SCCYC conduct annual stakeholder surveys and continual feedback from service users to ensure high quality needs led services are delivered. Qualitive and Quantitive data is recorded, evaluated, reported and the relevant improvements implemented.

Issues faced by service users:

Service Needs:

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1800
1600
1400
1200
1000
800
600
400
200
0
Year 1 Year 2 Year 3
7 Actual (Annual) — Actual (Cumulative) —— Project End Target
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Table 1 and 2 demonstrate the support provide from October 2022 – April 2024 to address need.

3 Year Programme

6,500 0utput (2022-2024)

Programme Aims:

Annual Feedback over 11 years showed a gap in local globalised service provision. There has been an urgent need for personalised support for vulnerable, poverty disadvantaged and BAME communities, particularly those that have language barriers and cultural empathy needs to progress from start to finish.

To address this long-standing gap, and to address the even more critical issues caused by the pandemic - SCCYC took action to secure and deliver a needs led, personalised 3 year ‘Connecting Critical Programme’, £340,026 funded by National Lottery Reaching Communities fund.

Case Study

12 cases transitioned

Volunteering Poverty Welfare Wellbeing Thematic Employment & Training

“This gym and mindfulness has saved my life. I am in recovery, and it has given me the motivation to get up and Live my Life. In September, I started a course at college. My life is unrecognisable from 5 months ago. Thank you so much”.

A young English woman that was facing trauma, mental health issues, physically unwell and using addictions as a coping method, she was living in poverty and requested our support. A coaching session assessed her needs and identified her aspirations, a progression plan was devised to support her goal of improving her health, wellbeing and to access further education and achieve.

She was provided with friendship, mindfulness, meditation and free use of gym - In only 5 months, the woman was transformed from a traumatic state to physically fit, entering education and earning.

Client

Transitioned from Trauma to Employment

285 Clients

SCCYC Food Aid

60% of clients transitioned

90% of clients suffer multiple complex issues. Clients include families, individuals, young people, rough sleepers, university students, pensioners, and isolated people. Care is taken to tailor services to meet client's needs.

from Critical Food Aid after the detrimental impact of the pandemic. In Year 3, SCCYC Food Aid has worked in a multi-agency approach providing weekly food and assisting over 250 clients into non reliance on emergency services.

“ Thank you for everything you have done for me and my family. You have really helped me over the years and for that I am so grateful. You have helped me at my worst times which has enabled me to survive in difficult times”.

Family accessing Long term Food Aid support due to multiple issues.

SCCYC Welfare Multiple Issues a Support helping complex issues. survive” Wo ✓ Personalised i ✓ Tailored ✓ Long Term ✓ Collaborative ‘. Clients include

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48 Clients
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Approx. 300
adhoc
support
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Pandemic impact, poverty, benefits issues, emotional health, physical health, addictions, domestic violence, interpersonal abuse, language-based challenges, language and cultural barriers, cost of living crisis, social isolation.

Support for effective and long-term impact in addressing multiple complex issues.

Approx. 2,200 people accessed Sunday Support Surgeries which raised awareness and provided sign posting.

48 clients received direct support to address complex issues and to stabilise them financially.

SCCYC Wellbeing Hub

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Mind-Body-Soul
Programme
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“ After starting the chair exercises for 4 weeks, I was told I no longer needed physio after an accident. I am now back in my jeans and resuming my life after 2 years ”.

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78 regular
service users
300 accessed
events
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Senior Wellbeing Hub Member
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100 people attended regular exercise and wellbeing sessions to improve their physical, emotional and social wellbeing eee 300 people of diverse ages attended ad hoc wellbeing events, sporting activities and a healthy heart project.

Much more than just a Gym

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SCCYC
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Thematic Groups

Tackling Inequalities

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Youth
Social
Action
Wellbeing
Campaigns
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✓ Socio ✓ Health ✓ Gender ✓ Race

We run thematic groups such as: Youth Club, children’s holiday clubs, seniors' wellbeing group, women’s group and wellbeing events. We also take part in local diverse forums to promote and support social connection, social prescribing, and campaign to make positive change to society.

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Womens
Support
& Events
Interfaith
Community
Cohesion
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Approx. 1,500 Participants ©

SCCYC Heritage & Arts

✓ Core Values, Citizenship, Community Cohesion

✓ GCSE Curriculum – Punjabi & RS Studies Support

✓ Sikh-Punjabi Heritage & Performing Arts

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Approx.
1200
Service
Users
Approx.
3,000
Audiences
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Approx 4000 people 3,00 People attended 1,200 young people
from diverse Heritage Events: from schools, scouts
communities, visited Vaisakhi; Thetford; and youth clubs took
the Sikh-Punjabi Heritage Open Day; part in facilitated
Heritage Museum. Punjabi Ladies Lohri. Tours and Talks.
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The exhibitions preserve and share our rich heritage and skills for the future generations and to enjoy in the present. The Sikh and core equality values aim is to break down barriers towards an inclusive and cohesive society.

Volunteering & Skills Development

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53
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Volunteers
Approx.
35,000 hrs
7
Training
Courses
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Feedback on the benefits of Volunteering:

SCCYC venue hire and inhouse catering has with approx. 956 delegates accessing the service this year.

The Heritage Gift Shop has been relaunched with plans for expansion to generate income towards museum maintenance.

Conferencing Facilities

Inhouse Catering Wellbeing In the Workplace Heritage Gift Shop

We have trialled a ‘Wellbeing in the Workplace’ venture to generate income to provide wellbeing . services for free to disadvantaged people

WATERSIDE CONNECT ENTERPRISES

Giving Back to the Community

The greatest thing about supporting SCCYC Enterprises is that all profits are dedicated towards supporting Food Aid which currently supports over 400 poverty disadvantaged and vulnerable people in the Town.

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All Profit
dedicated to
support
disadvantaged
clients
Social Impact
Employment Skills
Local Service Gaps
Sustainability
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Financial Review

Accounts Year End 31st March 2024

Income: Grants, Donations, Enterprises, Activities: £260,209 Expenditure : Services, Projects, Running Costs: £189,188 Restricted Grant Funds : Services, Projects, Running Costs: £32,474 Contingency : emergency / unrestricted match funding: £30,000

SCCYC’s income for the year was £260k revenue which allowed us to continue our vital services. This is up on prior year (£197k), mainly due to the release of grants deferred from prior year. The key driver for greater expenditure is the staff costs as to deliver our services.

We are grateful for the financial support provided by the following who enable us to continue to benefit the community (West Northants Council £59,277; National Lottery Cost of Living Fund £30,820; NBCT Support Northants £5,000; Northamptonshire Community Foundation/West Northamptonshire Council £11,473; National Lottery Reaching Communities £100,102; Faraway Children’s Charity £1,000) as well as our partners, donors, staff and dedicated volunteer base.

Our vital service for this year continues to be the Food Aid service which remains pivotal to the work we do, providing disadvantaged members of the Northampton community with dry, fresh, hot food and resources on a regular basis as well as welfare services.

Our main programme of services for the next year (National Lottery Fund) will continue the Covid-19 critical Response services which include Poverty and Welfare support; Recovery activities which include health, wellbeing, and social activities; Resilience development activities which include volunteering, training and employment skills to transition the disadvantaged into further education, earning and independent living.

2025 will be a year of change, we are planning ahead for the closure of our 3-year National Lottery Fund in 2024, putting into practise our 3-year organisational sustainability plan 2024-2027. Plans include: Investing in our staff and trustees, providing coaching workshops to enable them to manage the forthcoming change. Increasing income through diversification of income streams, including expanding and setting up new social ventures, holding fundraising events, encouraging donations, applying for smaller projects bids and making cutbacks on all expenditure

Harjinder Kooner, Chair 19[th] January 2025

Charfty registration number 1056764 SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC LEGAL AND ADMINISTRATIVE INFORMATION Trustees H S Kooner J Shairi K Bhangra N Sidhu-Brar RDIU N Singh C Grewal R Thind Charlty number 1056764 Independent examlner JeNls & Partners 30 Harborough Road Kingsthorpe Northampton NN2 7AZ

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC CONTENTS Page Trustees, report statement of trustees, responsibilities Independént axamlnar's report Statement of financial activities Balance sheet Notes to the financial statements 8-15

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their annual report and financial statements for the year ended 31 March 2024. 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 charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). Flnanclal revlew The trustees have assessed the major risks to which the charity is exp088d, and are satisfied that systems are in place to mitigate exposure to the major risks. Structure, gov8rnanc8 and management The charity is controlled by il's governing document, a deed of trust and con8tilute8 an unincorporated charity. The trustees who served during the year and up to the date of signature of the financial statements were.. H S Kooner J Shairi K Bhangra N Sidhu-Brar RDIU N Singh C Grewal R Thind The trustees, report was approved by the Board of Trustees. H S Kooner Trustee Dated.. 11 November 2024

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of th8 incoming resources and application of resources of the charity for that year. In preparing these financial statements, the trustees are required to.. select Suitable accounting policies and then apply them consistently., observe the methods and principles In the Charities SORP., make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards hav8 been followed, subject to any materlal departures dlsclosed and explained in the financial statements., and prepare the financial statements on the going concern ba818 unless it is inappropriate to presume that the charity wlll contlnue In operation. The trustees are responsible for keeping sufficient accounting records that disclose wilh reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity {AccountS and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable sleps for tha prevention and detection of fraud and other ifregularities.

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC I report to the trustees on my examination of the financial statements of Sikh Community Centre & Youth Club sccyc (the charity) for the year ended 31 March 2024. Responslbllltles and basls of report As the trustees of the charity 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 charity's financial statements carried out under section 145 of the 2011 A¢t. In Carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515)(b} of the 2011 Act. Independont oxamlner's statement Since the charity's gross income exceeded £250,000 your examlner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of ICAEW, which is one of the listed bodies. Your attention is drawn to the fact that the charity has prepared financial stalemenls 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 1021 in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which 13 referred to in the extant regulations but has now been withdrawn. l understand that this has been done In order for financial statements to provide a true and fair view In accordance with GenerallyAccepted 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 altenlion in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept In respecl of the charity as required by section 130 of the 2011 Act,. or the financial statements do not accord wlth those records., or the financlal statements do nol comply with the applicable requlrements concernlng the form and content of accounts set out In the Charities (Accounts and Reports) Regulations 2008 other than any requiremenl that the accounts glve 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 connactlon wlth the examlnallon to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Jervls & Partn8rs 30 Harborough Road Kingsthorpe Northampton NN2 7AZ Dated.. 11 November 2024

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrlcted Restrlcted funds funds 2024 2024 Total Unrestrlcted Restrlcted funds funds 2023 2023 Total 2024 2023 Notos Income and endowments from: Donations and legacies other Irading activities Investments Other income 207,672 207,672 52,537 370 4,088 175,942 175,942 21,477 84 4,748 52,537 370 4,088 21,477 64 4,746 Total Income 58,995 207,672 284,667 28,287 175,942 202,229 Expendlturo on: Raising funds Charltable activities 21,471 21,471 170,296 47,173 47,173 140,105 170,296 140,105 Total expendlture 21,471 170,296 191,767 47,173 140,105 187,278 Net Income 35,524 37,376 72,900 (20,886) 35,837 14,951 Transfer8 between funds 12,764) 2,764 Nat movement In funds 35,524 37,376 72,900 (23,650) 38,601 14,951 Reconclllatlon of funds: Fund balances at 1 April 2023 28,774 517,870 546,644 52,424 479,269 531,693 Fund balance3 at 31 March 2024 64,298 555,246 619,544 28,774 517,870 546,644 The statement of financial activilies includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivities.

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Flxed assets Tangible ass8ts 13 526,741 543,601 Current a880ts Debtors Cash at bank and In hand 14 3,110 163,128 744 133,469 168,238 134,213 Credltors: amounts falllng due wlthln one year 16 (60,597) (108,171) Net current assets 105,641 26,042 Total assets less current Ilabllltle$ 632,382 589,643 Credltors: amounts falllng due after more than one year 17 (12,838) 122,999) Not assets 619,544 546,644 The funds of the charlty Restricted income funds Unrestricted funds 19 20 555,246 64,298 517,870 28,774 619,544 548,644 The financial statements were approved by the trustees on 11 November 2024 H S Kooner Trustee

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Charlty Informatlon Sikh Community Centre & Youth Club SCCYC is a Registered Charity in England and Wales. 1.1 Accountlng convantlon The financial statements have been prepared in accordance with the charity's goveming documenl, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102.) and the Charities SORP "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)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provision8 In the SORP for charities not to prepare a Ststement of Cash Flows. The financial statements are prepared In sterling, which Is the funGlional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The flnanclal stalements have been prepared under the historical cost convention. The princlpal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial Statements, the trustees have a reasonable expeclation that the charity 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. 1.3 Charltabla 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 or grantors as lo how they may be used. Tha purposes and uses of the restricted funds are sel oul in the notes to the financial statements. 1.4 Incomo Income is recognised when the charity is legally entitled to it after any performance condition8 have been met, the amounts ¢an be measured reliably, and it is probable that income will be received, Cash donations are recognised on receipt. other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenanl is recognised at the time of the donation. 1.5 Tanglb16 flxed 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.. Freehold land and buildings Fixtures and fittings Computers 33V/o RB The gain or loss arising on the disposal of an asset is delermined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policlos (Contlnuod) 1.6 Impalmient of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assels to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (If any). 1.7 Cash and cash oqulvalent8 Cash and cash equivalents InGlude cash in hand, deposits held at call with banks, other short-term Ilquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.8 Flnanclal In8truments The charity has elected to apply the provisions of Section 11 'Basic Flnancial Instruments, and Section 12 'Other Financlal Instruments Issues, of FRS 102 to all of Its financlal instruments. Flnancial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented In the flnanclal statements, when there is a legally enforceable right to set off the recognised amounts and there is an inlention to settle on a net basls or to reallse the asset and settle the liability slmultaneously. Baslc flnanclal assets Basic financial assets, which Includ8 debtors and cash and bank balances, ar8 initially measured at transaction prlce including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the Iransaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortlsed. Baslc flnanclal Ilabllltles Basic financial liabilities, including creditors and bank loans are initially recognised at transaclSon price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the fulure payments discounted at a market rate of Interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequenlly carrled at amortlS8d cost, using the effeclive int8r8St rale method. Trade creditors are obligations to pay for goods or services that have been acqulred in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognltlon of financlal Ilabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.9 Retirement beneflts Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Crltlcal accountlng estlmates and Judgem6nts In the application of the charity's accounting policies, the trustees are required to make judgements, 8Stimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accountlng estimates are recognised in the period in which the estimate is r8vised where the revision affects only that period, or In the period of the revision and future periods where the revision affects both current and future periods. Donatlons and legacle8 Rostrlcted funds Restricted funds 2024 2023 Grants 207,872 175,942 Grant8 recelvable for core actlvltle8 Neighbourly Sainsburys Northamptonshlre Community Foundation Awards forAII Sport England Capital Fund West Northants Council National Lottery Cost of Living Fund NBCT Support Northants Northamptonshlre Community Foundallonlwest Northamptonshire Councll Natlon81 Lott8ry Reaching Communities Faraway Childrens Charity 1,000 1,880 10,000 5,871 15,682 30,820 5,000 11,473 159,379 1,000 5,000 134,509 2,000 207,672 175,942 Income from other tradlng actlvltles Unrestrlcted Unrestrlcted funds funds 2024 2023 Fundraising events other income 43,943 8,594 16,991 4,486 other trading activities 52,537 21,477

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Inveslments Unrestrlcted Unrestricted funds funds 2024 2023 Interest receivable 370 64 Other Income Unrestrlcted Unrestrlcted funds funds 2024 2023 EmploymentAllowance 4,088 4,748

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Ralslng funds Unrestrlcted Unrestricted funds funds 2024 2023 Tradln costs Other trading activities Support costs 2,579 18,892 1,310 45,863 Trading costs 21,471 47,173 21,471 47,173 Expendlturg on charltablo actlvltle8 Charltabl8 costs 2024 Charltable cosls 2023 Dlrect CO8ts staff costs Depreclatlon and Impalrment Heat & light Stationery IT consumables Health & Safety 89,412 397 14,321 925 1,273 5,834 80,284 168 10,348 937 1,850 5,810 w li Venue hire Subscriptions Telephone & internet Purchases Bank charges Advertising & marketing Professional charges Resources & equipment Volunteer & training Insurance Van hire 405 589 2,168 852 350 32 995 22,850 2,828 222 1,940 1,001 3.450 10,425 225 1,494 340 10,537 5,352 1,346 4,800 143,253 140,105 Share of support and governance costs (see note 9) Support 27.043 170,296 140,105 Analysls by fund Restricted funds 170,296 140,105 10-

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support costs Support Governance costs Costs 2024Support costs Governance costs 2023 Staff costs Depreciation Sundries IT consumables Consulting Advertising and marketing Professional charges Bank charges Health & safety costs Volunteering and trainlng Resources & equipment Repalrs Interest paid 20,365 20,026 541 20,365 20,028 541 19,297 20,027 493 69 19,297 20,027 493 69 2,287 2,267 28 1,719 (15) 70 123 1,080 216 2,758 28 1,719 {15) 70 123 1,080 216 2,758 1,990 1,990 29 717 29 717 45,935 45,935 45,863 45,863 Analysed between Trading Charitable activities 18,892 27,043 18,892 27,043 45,863 45,863 45,935 45,935 45,863 45,863 10 Trustees None of th8 trustees (or any persons connected with them) received any remuneration or benefits from the charity during the yaar. 11 Employee8 The average monthly number of employees during the year was.. 2024 Number 2023 Number 11

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Employees (Contlnued> Employment costs 2024 2023 Wages and salaries Session staff Social security costs Other pension Costs 58,793 29,614 4,088 1,005 41,928 37,201 4,746 1,157 93,500 85,030 There were no employees whose annual remuneration was more than £60,000. 12 Taxatlon The charity Is exempt from taxatlon on Its activitles because all its income18 applied for charitable purpose8, 13 Tanglblo flxed assets Frn8hold land Flxturnl and and bulldlngtt flttlng• Computer• Total Cost At 1 Aprll 2023 Additions 583,827 563,627 3,563 898 2,665 At 31 March 2024 563,627 898 2,665 567,190 Depreclatlon and Impalrment At 1 April 2023 Depreciation charged in the year 20,026 20,026 20,028 20,423 206 191 Al 31 March 2024 40,052 206 191 40,449 Carrying amount At 31 March 2024 523,575 692 2,474 526,741 At 31 March 2023 543,601 543,601 14 Debtors 2024 2023 Amounts falling due Wlthln one year: Trade debtors Prepayments and accrued income 1,739 1,371 744 3,110 744 12-

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Loans and overdrafts 2024 2023 Bank loans 22,838 32,999 Payable within one year Payable after one year 10,000 12,838 10,000 22,999 16 Credltor8: amounts falllng due wlthln one year 2024 2023 Not08 Bank loans other laxation and social security Trade creditors Other creditors Accruals and deferred income 16 10,000 8,209 8,534 32,474 1,380 10,000 1,873 1,144 91,659 3,495 60,597 108,171 17 Crodltors: amounts falllng duo aftor more than on8 year 2024 2023 Notes Bank loans 16 12,838 22,999 18 Retlrement bgneflt 8chemg8 2024 2023 D8flned contrlbutlon schemos Charge to profit or loss in respect of defined contribution schemes 1,005 1,157 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independenlly administered fund. 19 Restrlcted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 Aprll 2023 Incomlng resources Resources expended Transfers At 31 March 2024 517,870 207,672 (170,296) 555,246 13-

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Restrlctad funds (Contlnued) Provlous year: At 1 Aprll 2022 Incomlng resources Resourcos expended Transfers At 31 March 2023 479,269 175,942 {140,105) 2,764 517,870 20 Unrestrlcted fund3 The unrestricted funds of the charfty comprise the unexpended balances of donations and grants which are nol subject to specific condilions by donors and grantors as to how they may be used. These include de81gnated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprll 2023 Incomlng Rosources rasources expendgd Transfers At 31 March 2024 General funds 28,774 56,995 {21,471) 64,298 Prevlous year: At 1 Aprll 2022 Incomlng Resources resource8 expended Transfer8 At 31 March 2023 General funds 52,424 26,287 147,173) {2,7641 28,774 21 Analysls of net assets between funds UnroStrlcted funds 2024 Restrlcted funds 2024 Total 2024 At 31 March 2024: Tangible assets Current assetsllliabilitles) Long term liabilities 71,667 (7,389) 455,074 113,010 {12,838) 526,741 105,841 112,838) 64,298 555,246 619,544 Unrestricted funds 2023 Restricted funds 2023 Total 2023 At 31 March 2023: Tangible assets Current assetsl{liabilities) Long term liabilities 28,569 205 515,032 25,837 {22,999} 543,601 26,042 {22,999) 28,774 517.870 546,644 14-

SIKH COMMUNITY CENTRE & YOUTH CLUB SCCYC NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 22 Related party transactlons There were no disclosable related paty transactions during the year (2023 - none). 15-