2022-03-31-accounts - Brent Indian Association

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.


Trustees		Rajnikant Patel
		Anita Ruparelia
		Sumantrai Desai
		Harshadbhai	Patel
		Prafulbhai Patel
		Kalavati Patel
		Hemendra Sheth
		Virji Devshi Halai
		Manish Sheth
		Vilasben Desai
		Recta Tanda
		Sunjit Mehta
		Bindu Parekh		(Appointed	31 October
				2021)
		Neetinkumar	Mehta	(Appointed	31 October
				2021)
		Hitendrakumar	Vaidya	(Appointed	31 October
				2021)
		Vrajlal Pabari		(Appointed	31 October
				2021)
		Kishorchandra	Vora	(Appointed	31 October
				2021)
Secretary		Anita Ruparelia
Charity number		1069837
Company	number	03398532
Principal address		Community Resource Centre
		116Ealing Road
		Wembley
		Middlesex
		HAO 4TH
Registered	office	Community Resource Centre
		116Ealing Road
		Wembley
		Middlesex
		HAO 4TH
Auditor		KLSA LLP
		Kalamu House
		11 Coldbath Square
		London
		EC1R 5HL
Bankers		Bank Of Baroda
		2 Ealing Road
		Wembley
		Middlesex
		HAO 4TL

		Page
Trustees' report		1-3
Statement oftrustees'	responsibilities
Independent auditor's	report	5-6
Statement of financial	activities
Balance sheet		8-9
Statement ofcash flows		10
Notes to the financial	statements	11-20

						Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
						funds	funds		funds	funds
						2022	2022	2022	2021	2021	2021
					Notes	Z		f	f		E
I	and			ments fr m
Donations and			legacies			51,751		51,751	23,183	251	23,434
Charitable activities						10,564	4,449	15,013	11,710	2,730	14,440
Other	trading	activities				94,115		94,115	56,781		56,781
Investments						85		85	88		88
Other	income					9,762		9,762	32,820		32,820
Total	income					166,277	4,449	170,726	124,582	2,981	127,563
	hh
Charitable activities					8	146,466		146,466	119,796		119,796
Other						2,967		2,967	2,873		2,873
Total	expenditure					149,433		149,433	122,669		122,669
Gross	transfers		between
funds									4,036	(4,036)
Net income for the				year/
Net movement			in funds			16,844	4,449	21,293	5,949	(1,055)	4,894
Fund	balances		at 1	April	2021	246,696	332,398	579,094	240,747	333,453	574,200
Fund	balances		at 31 March
2022						263,540	336,847	600,387	246,696	332,398	579,094

					2022		2021
				Notes	E		E
Fixed assets
Tangible assets				14		673,065		695,838
Current assets
Debtors				15	10,223		14,348
Cash at bank and		in	hand		186,668		171,589
					196,891		185,937
Creditors:	amounts		falling due within
one year				17	(32,612)		(35,687)
Net current	assets					164,279		150,250
Total assets less		current liabilities				837,344		846,088
Creditors:	amounts		falling due after
more than	one year			18		(236,957)		(266,994)
Net assets						600,387		579,094
Income funds
Restricted	funds			19		336,847		332,398
Unrestricted	funds	- general				263,540		246,696
						600,387		579,094

						2022		2021
					Notes	f
Cash flows from operating			activities
Cash generated from operations					23		38,509		42,710
Investing	activities
Purchase	oftangible fixed assets					(562)
Investment	income received					86		88
Net cash	(used in)/generated			from
investing	activities						(476)		88
Financing	activities
Repayment	of bank loans					(22,954)		(1,837)
Net cash	used in financing	activities					(22,954)		(1,837)
Net increase in cash and cash				equivalents			15,079		40,961
Cash and	cash equivalents	at	beginning		ofyear		171,589		130,628
Cash and	cash equivalents		at	end of	year		186,668		171,589

			Unrestricted	Unrestricted	Restricted	Total
			funds	funds	funds
			general	general
			2022	2021	2021	2021
			f		f	f
Donations		and gifts	10,391	7,320	251	7,571
Grants received			41,360	15,863		15,863
			51,751	23,183	251	23,434
Charitable		activities
					Advisory	Advisory
					2022	2021
					F	F
Service fees and other charges					15,013	14,440
Analysis	by fund
Unrestricted		funds - general			10,564	11,710
Restricted		funds			4,449	2,730
					15,013	14,440

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2022	2021
		f	F
Fundraising	events	685	306
Rental charges and room hires		93,430	56,475
Other trading	activities	94,115	56,781

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2022	2021
			E
Interest	receivable	85	88

Unrestricted	Unrestricted
funds	funds
general	general
2022	2021
f	F
9,762	32,820

					Advisory	Advisory	Charitable	Total	Advisory	Charitable	Total
							Expenditure	2022		Expenditure	2021
					2022		2022		2021	2021
						F	f		f	F
	Photocopy, coach trip			and
	other expenses				12,350			12,350	2,110		2,110
	Share of	support costs (see
	note 9)				128,845			128,845	111,338		111,338
	Share of	governance		costs
	(see note	9)					5,271	5,271		6,348	6,348
					141,195		5,271	146,466	113,448	6,348	119,796
9	Support costs
					Support	Governance		2022	Support	Governance	2021
					costs		costs		costs	costs
					F		f		f	f
	Staff costs				69,363			69,363	62,691		62,691
	Depreciation				23,334			23,334	25,110		25,110
	Staff training, travelling
	and other	expenses			758			758	167		167
	Rates				601			601	665		665
	Insurance				2,068			2,068	2,027		2,027
	Light and	heat			6,017			6,017	5,365		5,365
	Cleaning				3,031			3,031	2,221		2,221
	Repair and maintenance				15,643			15,643	5,215		5,215
	Printing, photocopy		and
	postage				703			703	130		130
	Telephone	and internet			2,702			2,702	2,196		2,196
	Subscription				3,721			3,721	4,430		4,430
	Sundry expense				904			904	1,121		1,121
	Audit fees						2,370	2,370		3,000	3,000
	Legal and	professional					2,901	2,901		3,348	3,348
					128,845		5,271	134,116	111,338	6,348	117,686
	Analysed	between
	Charitable	activities			128,845		5,271	134,116	111,338	6,348	117,686

The average	monthly number ofemployees during th	e year was:
		2022	2021
		Number	Number
Administration
Others
Total
Employment	costs	2022	2021
Wages and salaries		57,904	52,030
Social security	costs	8,664	8,424
Other pension	costs	2,795	2,237
		69,363	62,691

2022	2021
2,967	2,873

14	Tangible fixed assets
			Land and	Fixtures,	Total
			buildings	fittings 8
				equipment
	Cost
	At 1 April 2021		978,625	63,370	1,041,995
	Additions			562	562
	At 31 March 2022		978,625	63,932	1,042,557
	Depreciation and impairment
	At 1 April 2021		294,865	51,293	346,158
	Depreciation charged	in the year	19,163	4,171	23,334
	At 31 March 2022		314,028	55,464	369,492
	Carrying amount
	At 31 March 2022		664,597	8,468	673,065
	At 31 March 2021		683,760	12,078	695,838
15	Debtors
				2022	2021
	Amounts falling due	within one year:
	Trade debtors			7,397	5,819
	Other debtors				5,735
	Prepayments and accrued income			2,826	2,794
				10,223	14,348
16	Loans and overdrafts
				2022 F	2021f
	Bank loans			265,018	287,972
	Payable within one year			28,061	20,978
	Payable after one year			236,957	266,994

Creditors: am	ounts	falling due within one year
				2022	2021
			Notes	E	E
Bank loans			16	28,061	20,978
Other taxation	and social security				455
Trade creditors				400	894
Other creditors				599	10,160
Accruals and deferred		income		3,552	3,200
				32,612	35,687
Creditors: amounts		falling due after more than one year
				2022	2021
			Notes
Bank loans			16	236,957	266,994

				Movement	in funds		Movement
							in funds
			Balance at	Incoming	Transfers	Balance at	Incoming	Balance at
			1 April 2020	resources		1 April 2021	resources	31 March 2022
						F	f
Building	maintenance
reserve	fund		95,506	251		95,757		95,757
Life membership		fund	45,370	2,730		48,100	4,449	52,549
Big lottery fund			188,541			188,541		188,541
Mural fund			4,036		(4,036)
			333,453	2,981	(4,036)	332,398	4,449	336,847

20	Analysis ofnet assets	Analysis ofnet assets	Analysis ofnet assets	between	between	between	funds	funds
					Unrestricted					Restricted					Total	Unrestricted			Restricted				Total
							funds				funds						funds			funds
							2022				2022				2022		2021			2021			2021
															E			E			f.
	Fund balances at 31
	March 2022 are
	represented by:
	Tangible assets					673,065								673,065			695,838						695,838
	Current assets/(liabilities)					164,279								164,279			150,250						150,250
	Long term liabilities					(236,957)								(236,957)			(266,994)						(266,994)
						600,387								600,387			579,094						579,094
21	Limited by guarantee
	The company is limited			by	guarantee			and		does not		have a		share capital.			Each	member		gives	a	guarantee to
	contribute a sum, not	exceeding					f1,	to the		company		should		it be wound			up. At	31	March 2022 there				were 17
	members.
22	Related party transactions
	No trustee received any			remuneration				during			the year.		Other than the trustees,					the	charity does			not	consider
	itself to have any other		key		management				personnel.			No trustee			or other person			related		to the charity			had any
	interest in any contract		or transaction					entered			into by	the charity			during	the year		or the preceding				year.
23	Cash generated from		operations																	2022			2021
																				E			E
	Surplus for the year																		21,293				4,893
	Adjustments for:
	Investment income recognised					in	statement			offinancial			activities							(85)			(88)
	Depreciation and impairment					oftangible			fixed		assets								23,334				25,110
	Movements in working		capital:
	Decrease in debtors																			4,125			28,612
	(Decrease) in creditors																		(10,158)				(15,817)
	Cash generated from		operations																38,509				42,710
24	Analysis ofchanges	in		net (debt)/funds
															At 1	April 2021			Cash fiowsAt			31 March 2022
	Cash at bank and in hand															171,589				15,079			186,668
	Loans falling due within		one		year											(20,978)				(7,083)			(28,061)
	Loans falling due after	more			than		one	year								(266,994)			30,037				(236,957)
																(116,383)			38,033				(78,350)