Company Registration Number 04201736 Smethwick Youth & Community Centre Limited A Company Limited by Guarantee Financial Statements 31 March 2025 Charity Number 1090529 Smethwick Youth & Community Centre Limited A Company Llmited by Guarantee Financial Statements Year Ended 31 March 2025 CONTENTS PAGE Report of the directors/trustees of the charity 1-12 Independent Examiner's Report Statement of Financial Activities (incorporating the Income and expenditure account) Balance sheet Notes to the financial statements 13-14 15 16-17 18-24 Smethwick Youth & Community Centre Limited A Company L(mited by Guarantee Report of The Directorsnrustees of The Charity Year Ended 31 March 2025 The directors of the charity, who are also directors for the purposes of company law, have pLeasure in presenting their report and the financial statements of the charity for the year ended 31 March 2025. R•f•rence and Adminlstratlv• l>etalls Registered charity name CIMrlty rewtratlon number Smethwick Youth & Community Centre Limited . 1090529 Company regtstratlon number 04201736 Registered office and Operational addrass Trinity Point 1 Trinity Street Smethwick West Midlands B67 7AA The Dlrectors of th• Chartty The directors of the charity who served the Company during the year were as follows.. Kuldeep Singh Deol (Chairperson & Director) Mr Bhervinder Singh (Appointed on 14.04.24} (Dirertor) Balbir Singh Bhajam (Director) Mr Sarbjit Singh (Appointed on 14.04.24) (Director) Mr Jagievan Singh Samra (Appointed on 14.04.24} (Director) Mrs Parbinder Kaur (Director) Gurpal Singh (Director) Mr Harjinder Singh Malhi (Director & secretary) Secretsry Harjinder Singh Malhi Audltors DAS, Chartered Accountants 6th Floor AMP House Dingwall Road Croydon CR02I Bankers Barclays Bank Plc Leicester LE87 2BB Smethwick Youth & Community Centre Limited A Company Limlted by Guarantee Report of The Dtrectors of The Charity Icontlnued) Year Ended 31 March 2025 StNcture, Governance and Management verni Document The organization is a charitsble company limited by guarantee, incorporated on 19 April 2001 and registered as a charity on 11 February 2002. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and ￿ govemed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1. It t of thé Dirnctors of the Cha ent an Majority of the directors of the company are charity trustees for the purposes of charity Law and under the company's Articles are known as directors of the charity. Under the requirements of the Memorandum and Articles of Assoc¢ation, there must be a minimum of Eight trustees. The trustees must consist of not less than five representatives from the management committee of the Guw Nanak Gurdwara, High Street, Smethwick and not less than four members of the charity, elected at the annual general meeting, three of whom shall be young people representstives (at least 1 being female and 1 between the age of 18 and 25) and one elderly user. One third of the longest serving trustees are subject to retirement by rotation at the annual general meeting. Some of the trustees are expected to retire at the next Annual General Meeting by Rotation and offer themselves for re-election. New trustees will be appointed, if the number of remaining trustees ￿ less than the required mininum under the Articles of Association. We have referred to the guidance in the Char(ty Commission's general guidance on public benefLt when reviewing our aims and objectives and in planning our future actiVLties. In particuLar the trustees consider how planned activities will contribute to thé aims and objectives they have set. The trustees confirm that the major risks to which the charity is exposed have been reviewed and systems have been established to minimise those risks. The trustees have implemented risk management strategy which comprise.. an annual review of the risks which charity may face establishment of systems and procedures to mitigate those risk identified in the plan and -the implementation of procedures designed to minimise any potentiaL impact on the charity Smethwick Youth & Community Centre Limited A Company Limited by Guarantee Report of The Directors of The Charity (Continued) Year Ended 31 March 2025 anlsational Structurè The centre has Eight trustees who meet quarterly to consider the strateg(c direction and performance of the charity. The trustees work under the stewardship of Kuldeep Singh Deol as Chairperson to ensure the charity maintsins its strategic direction and is managed in 8 professional manner. SYCC engages a Strategic Advisor on a consultancy basis. The Strategic Advisor is responsible for prov￿Ing executive oversight to the Community Centre and Nursery management whiLst also advistng the chaL￿erson and Trustee Board on strategic direction and governance. The management team present the trustees at the rneet￿g with strategic planning reports, such as flnancial reviews, project feedback reports, schedule of planned activities for the future and any other issues which require the attention of the trustees. The charity has been set up under the leadership of Guru Nanak Gurdwara IGNG) High Street, Srnelhwick with particuLar emphasis on serving and supporting the whole community of Sandwell and Smethwick. It is a requirement of the Articles of Association that trustees, positions are reserved for the Presldent and the General Secretary and three other members of the management committee of the GNG. There is no doubt that the charity benefits immensely from the inspirational support and voluntary leadership provided by the member5 of the GNG. ion Vbion Misslon Statement To develop a multi-agency and cross sector resource centre particularly for the S(kh-Punjabi community in Smethwick ectlves That provides a one-stop solution to REDUCE social depriVat￿n & exclusion, bw levels of skills, %Kial isolation, crime and drug migjse, RAISE educational stsndards,. IMPROVE health, employment opportunities, household incomes and, SUPPORT SME business regeneration and diversification pathways teading to ￿brant ommunty regeneration and strengthening of the local neighbourhood Incorporate a holistic approach to a multiagency facility in the heart of Srnethw4ck Town Centre (High Street) that will enable it to deliver services and provide access to resources across communities and across disciplines Biidge the skitls divide between the local communities and promde a supporting pathway that develop5 user confdence and promotes access of ma(nstream provisiorL YCC'S Aims & Ob'ectives SYCC'S mtssion as exptained above 15 to foster and supwrt the development of individuals, groups and organtsations within the Sikh Punjabi community, in particular, tenants Ltv(ng in or around Smethwick Whilst it witl provide it5 servLces ft)r all local people and has an open door, non- judgementsl policy. it will have as its ultirnate aim to address the need5 of the S&h Punjabi community Thts community is an ethnic group that has often been left behind in temis of employment and educational opportunities, affordable quality housing. access to heatth and soctal services, as well as a lack of spectfic voluntsry ￿pport struttures strategic- representation and political influence. Smethwick Youth & Communlty Centre Limited A Company Limited by Guarantee Report of The Directors of The Charity (Continued) Year Ended 31 March 2025 SYCC'S aim is to redress this balance through provLding one-stop services for the tsrget communty to access worl education, health housing and se￿ICeS bcally. Its capacity and scope have been vitdened through strong support and partnershps LocalLy. K Achievemen￿. SYCC'S main achievement in this financial year is the refocusing of our Nursery and Projects to adjust to the ovemhelming demands of the Cost of Living Crisis. With some diffLcult decisions having to be rnade and costs belng cut back in many areas of its operations. SYCC has invested heavily in developing its sen4ices to adjust to community need. WLth a diffiojlt economic climate, the decision was made to diversify the organisation's operations in order to sustain the charity. The Nursery is growing and is being supported by SYCC'S team in its dLweloprnenC the number of Centre Projects has increased as well as the centre's dient base. Driven by community feedback and the changes to the economic and funding climats SYCC has Énvested in the development of a Nursery. The Nursery has been set up and named GNG Nursery. The Nursery operates from the existing SYCC premises, Monday to Friday,. 8.00 am to 5.00 pm. The fu)ancial investment into the venture will allow SYCC to both continue to provide a communty seNice and bridge the f￿anCIaL gaps brought about by fund4ng ojts in the sector. The Nursery has atso been given a Food Hygiene rating of 515. hlldren Over 60 children presently on roll at GNG Nursery 17 Staff Members 6 Students Nursery is focused on Speech, Language and Communication and took part in programs to help develop children's speech and to narrow the gaps that occutTed during Covid. We did this by holding a 'Read Togetherf program with parents and chddren. Parents to start readirrfj sessions with children once a month to help deveLop speech and Language, We ran the NHS Toothbrushing Scheme encouraging independent brushing from a young age omm rnent GNG Nursery conducted several actLVLtie5 that engaged with the community. We were involved in the HaNest collections at the Local albtments. The children enjoyed seeing the anirnal& AdditÉonally, the Nursery had several visits with the chLldren to local amentiies. We visited Gunj Nanak Gurdwara Smethwick, Smethmck Library and Trinity Church. ement We have been out to Birmingham Library for story t(me. The children travelLed on the train and thoroughly enjoyed this trip. Nursery conducted a Speech and Language programme for parents whose English is not their first Language. The Nursery also promoted English Classes and was able to provide childcare for parents that regISte￿d on the Centre's Engli£h Classes. We have visited the local modifLed train station and atso had a Local police offKer came in to discuss road safety. We did a Lot of play based leaming, whith was structured ptay which encourages creativity and expLoration. SYCC has maintsined the usage of the new GNG Community Annexe to prowle community seThices. As regards to project activities in the past year SYCC has achieved the fouowng.. Health SYCC has engaged around 192 people n its Health actLVitie5 this year. SYCC provides Yoga classes every Thursday, engaging 64 people annually, SYCC provides F(tness Ctasses every Tuesday, also engaging around 76 people annually. SYCC provides Healthy Cooking cLasses every Thursday, engaging 60 people annuaLLy. SYCC runs Healthy Walking Sessions on Fridays, attended by 40 people annualEy. SYCC provided assistance to over 3000 job searches. SYCC runs a job search and CV updat(ng service, this is coordinated through volunteers. SYCC enrolled 73 individuats onto its Employment Project. SYCC prov(ded taitored support based on irdividual needs. Support offered included guidance on apP￿ntiCeshw inter￿1 practice, and opportunitie5 for volunteer work. SYCC helped participants improve social skills and provided assi￿ance wtth obtaining DBS checks. SYCC continued to offer dedicated one-to-one support to help individuals progress into Education, Employment and Trainwg. Smethwick Youth & Communlty Centre Limlted A Company Llmited by Guarantee Report of The DIreCto￿ of The Charity (Continued) Year Ended 31 March 2025 arning SYCC provide Pre-Enty and Entry Lwel 1 English classes on Mondays, Tuesdays Thursdays and Fridays. This was fijnded through the SLN Project Thts projett has seen a totsl of 63 participan SYCC provided the Sandwetl Language NebNork ESOL Extend Pro9ramme to 35 of its ESOL leamers, SYCC carr£d out over 30 Gardening sessions where we engaged with over 50 indimduals. SYCC expar)ded the leaming of our stsff through Manual Handling which 5 staff members completed and Health and Safty which over10 staff members completed. SYCC trained over 25 individuals in First A￿. SYCC trained over 25 individuals in Food Hygiene. SYCC trained over 25 individuals in Safeguarding. SYCC offe￿d Work Experience to over 20 students annually. SYCC delivered O￿tta1 Skills courses, engaging over 120 learners annually. SYCC supported 6 undergraduate placement student5. Povety Reductton SYCC runs a food donation scheme. The Centre donated approximately 2400kg of food to Lts cltents, which equates to 5000 meaLs. SYCC supported 80 individuals wlth getting onLine and completing their Council Tax Reduction Scheme ApplicatLOn. SYCC provided support wtth the Cost of LLVLng Team project (COLT) including budgeting, debt, energy, welfare, housing and employment SYCC supported over 50 Universal Credit applications, SYCC supported 15 to 20 PIP fomis. SYCC delivered approximately 3,000 to 4,000 Welfare & Benefits advice sessions. smeth￿YoUth & Comnwnity Centre Limited A Company Llmited by Guarantee Report of The Dlrectors of The Charity {Contlnued) Year Ended 31 March 2025 FINANCIAL REVIEW Transartions and Flnancial Position A sumrnary statement of financial actLVLties for the year s shown on page 14 of the accounts. This shows that during the year, total income of £477,582 {2024: £439,516) was received and after expenditure a net profit of £34,152 (2024: £51.810) was credited to reserves. The deficit includes a char9e of Nil {2024.' Nil) which represents current 12 months of depreciation on the leasehold property. rhe trustees have not changed the accounting policy on depreciation as it is felt this Is more likely to gtve a true and fair view. eseNes oli and funds In deficLt It is the policy of the trustees to maintain six months, running costs. The rese￿e$ at 31 March 2025 totaled £407,719 12024: £373,56T), however cash held only amounted to £319,960 (2024,. £261,032). There are a number of funds in deficit, including the building works fijnd and nursery fund. The trustees are in the process of reviewing and rationalizin9 the funds. Fundin The princtpal funding resources during the year were GNG Welfare Fees, Consortium Income, ELT, SCVO Grant income, EYSFF, Room Booking, Good thing Foundation, etc. Investme and Retur Under the memorandum articles of association, the charity has the power to make any investment, which the trustees see fit. The investment policy has been to choose the best deposit account available that will give high interest for the organisation and also to choose the most flexible current account for efficiency in daily transactions. It is the policy of the trustees to ma(ntain six months running costs sufficient to ensure that continued operation of the charitable company's actLVlties, The organisation w(shes to maintain suffic(ent cash flow for known commitments. SYCC Strat•glc DlrectLon Perfomianc• - Even in this diffLcuIt economi¢ climate, SYCC will continue to maintsin its high level of performance and quality of its service delivery. Productlvlty - SYCC will become more productive by creating efficiencies internally and through the use of engagement tools such as social media and better use of technology including management information systems. Processes - Through reviewing all processes SYCC will maintain its level of quality delivery, this will ensure SYCC retain the MATRIX quality stsndard. People - The essence of SYCC is our people, those being stsff and the clients. We WILI strive to invest in our people,. at a strategic level this include5 Lnvestment in senior management and training for trustees. At an operational this involves eqUIpp￿g stsff with the tools to meet their full POtent￿L Smethwick Youth & Community Centre Limited A Compary Limited by Guarantee Report of The Dirertors of The Charity {ContinuedJ Year Ended 31 March 2025 Participation SYCC will strategically align itself with the governments Localism agenda, focusing on encou raging active participation with local members of the commLtnity. SYCCare Here to HELP" SYCC continues to work under a new core strategy Health li.e gym packages, sports) Employment li.e. employment packages i.e. creating Cv's) Lifelong Learning li.e tuition,. literacy, youth services) Poverty Reduction li.e. welfare advice) We will support people on their steps to success.. Employment ifeLong Learning Poverty Reduction Care er "HELP" SYCC aim to "HELP" the local communtty through their strategy which provides support in the following areas. 'Health" EmployabLltty-, 'Learning" and 'Poverty reduction, . Health: SYCC provide Health facilities su(table for people of all ages and backgroiinds by provid(ng the following activities.. Yoga for women Exercise machines on a drop-in basis Weightlifting Football sessions Karate 5e55ions Community Walks Healthy cooking The provide health seryices aimed at the local community to reduce health risks Furthermore, SYCC WLSh to tackle common dangers including depression and stress. With many in the area working Long hours therefore 5trugglin9 to fiiid time to exercise, SYCC will "HELP- through providing a combination of everyday healthy living. ThLS Lncludes physical exercise through cardio workouts and valuable knowledge through healthy cooking Smethwick Youth & Community Centre Limited A Company Limited by Guarantee Report of The Dirertors of The Charity (Continued) Year Ended 31 March 2025 Enyloyability: Cv's Job sea rch Basic Computing through UKOnline Centres Employability opportunities received through SYCC enables clients to enhance their employabillty chances. We create unemployed clients a CV which will allow them to apply to Jobs,. providing a steady income and reducing poverty. Moreover, the centre provides support on searching and applying forjobs online. Learning: Engllsh classes 8asic Computing Youth Club Nursery Gaining a higher level of education will allow the individual to become more employable as they have extended their skills and knowledge. More career opportunities wtll be available. Furthemore, adults can help their children with homework which they perhaps cannot provide support for at the moment. The Youth Club provides afterschool activities which encourages the young individuals to Interact wilh one-another and socialise. Many of these young people may not be able to socialise with each other at school in this way. The basic computing provides both learning and enhancing employabillty, as many Jobs require l.T. skills Finally, with SYCC'S new nursery opening, we wish to provide young children with the ri9ht steps in their learning pathway We hope to provide them with opportunities that they may not receive elsewhere. With the high waiting lists in the area to get a child into a nursery, we feel that this opportunity will reduce the walt and raise the chances of a child starting within the applicable year. Poverty Redu 31fi Mar¢h 31Jt Mar¢h 31rt M4r¢h 31rt M4rrh Jlit M•r¢h 2025 2025 2025 2025 2024 Total Tot4l Fund Fund T•tsl Fundi 8rou9ht FornTird 373.567 373,567 321,757 Lw: TraTh￿•r ol ￿ndS 5tr•t•gi£ Cthpitsl & R•%Ukn<• Fund IS•• Not• b•low) 200,000 1170,4951 4,647 34,152 51.810 Total Funth C•ntsd lomrd 200.000 2Q3 072 4.647 407.719 373.567 The Ststement of Financial Activities includes all gains and Losses in the year and therefore a statement of total recognised gains and losses has not been prepared. All of the above amounts relate to contlnuing attivltks. Note: D•signat￿ for •ss•ntlal lif•q¢l• r•pLa¢•m•nt ol pl4nt mithtn•ry IboilffsAift) and strjtegk oryanlMd•n•l r•sUt•nc•. 15 Smethwi¢k Youth & Communlty Centre Limitsd A Company Llmlted By Guarantee Balance Sheet Year Ended 31 March 2025 2025 2024 FIXED ASSETS Tangible Assets 18,639 26,027 CURRENT ASSErs Debtors & Prepayrnents Cash at Bank & In Hand 74,846 319,960 394,806 90,693 261,032 351,725 CREDITORS: Amounts du• wlthln on• yur 4,185 NFf CURRENT ASSErs 389,080 347,540 CREDITORS: Afflounts faiilng du• 4ft•r more than one year NEf ASSETS 407,719 373,567 FUNDED BY Accumulated Unrestricted Income funds Accumulated Restricted Income funds 11 10 407,719 373,567 TOTAL 407,719 373,567 For the year ending 31 March 2025 the company was entitled to examption from audit under section 477 of the companies Act 2006 The Trustees/Directors have not required the company to obtain an audit in accordance with section 476 of the companies Act 2006 The Trustees/Directors acknowledge their respon5ibitiy - ftjr complying Wlth the requirement5 to keep accounting records of Sedions 386 and 387 of the Companies Act 2006 with respect to accounting records and preparation of accoun( a5 to the surplus or deficit to give a true and fair view of the charitable f(nancial status 16- Smethw(¢k Youth & Community Centre Limcted A Company Limited By Guarantee BaLan¢e Sheet of the state of affairs of the charitabLe company at the end of each financial year in accordance with the requirements of Sections 394 and 395 wh(ch otherwise comply w(th the req¢Jirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and the Financial Reporting Standard for Smaller EntLties, 2008. Thes financial statements were approved and authorised for issue by the members of the committee on the ..Oli.zl￿ and are signed on their behalf by . J￿Javan Singh Samra (rreasurer) 17- Smethwick Youth & Community Centro L(mited A Company Limited By Guarantee Notes To The Financial Statements Yéar Ended 31 March 2025 ACCOUNTING POLICIES Basls of Accountlng The f(nancial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities, effective April 2008, the Statement of Recommended Practice 'Accounting and Reporting by Charities. issued in January 2019 ISORP JAN 2019) and the Companies Act 2006. Cash ftow stst•ment The dtrectors of the charity have taken advantage of the exemption in Financial Reporting Standard No 1 {revisedl from including a cash fLow ststement in the financial statements on the ground5 that the Company is small. FIX￿ assets All ftxed assets are Initlally recorded at cost D•pr•ciatlon Depreciation is calculated so as to write off the cost of an asseL less its estimated residual value. over the useful economic life of that asset as follows Office Equipment Fixtures & Fittings Leasehold Property Improvements to property 20% on Reducing balance method. 20% on Reducing balance method. 5% on cost 5% on cost Income reco9nltlon Income is recognized when the charity is entitled to il the￿ is reasonable certainty that it will be rece¢ved and it is measurable, ExpendLtur• and IlabiUtI¢s Expenditure and the related liab¢lities afe recognised at the point that there is an obligation on the charity to transfer economic benefits. Expenditure include any VAT which cannot be fvlly recorded, and is reported as part of the expenditure to which of reLates to charitable and governdnce cost. Apportionment of costs Co5t5 are applied on a fair bass to the various projects, keeping in mind that certain projects are based on deltvery of outputs, the￿fore costs are allocated to the fund to reflect the fact that the outputs have been delivered. Funds Restrirted fvnds are recognised when a donor specifies that the fund5 are to be Spent for a part(cuLar purpose. All other funds are classified as unrestricted. 18- Sm•thwkk Youth & Communlty Centre Llmit•d A Company LIMIt￿ By Guarant£• N￿•$ To Th• Flnaneial Stst•m•nts 2 VOLUNTARYINCOME D•sign*ad Fund Unrestrittod Fund IGNG Nursery) 31st March 2025 RpsThlct•d Tot•l T•t•l Fund (SYCQ 31st M¥ch 202S Fund Fund 31st March 2025 31*1 Marth 2014 Do￿11￿￿• GNG Mu￿ery Fees Grints r•c•l¥•bl• Consortium ELT Good Things Foundation SCVO lrtomè EVSFF Miscdl#n.eous ￿cOMe Trnn$￿ olfvnd 90,997 90,997 120,882 111386 111386 1047&S 8A soo 148,108 8,485 142.670 31.580 108,706 &400 500 148,108 55,823 75311 1485 7,SK15 7.4>5 339.906 137.070 477.582 4)9.516 J INCOME OF CHARITABLE AcfiviTIES JY FUND TYPE tknign•t•d Unf•Strittod Fund IGNG N￿￿ery) 31st March 2025 R•stricted Totsl Fund Fund ISYCCI nd Fund 31st M)rch 2025 31st Marth 2025 31st Matetalls Registered charity name CIMrlty rewtratlon number Smethwick Youth & Community Centre Limited . 1090529 Company regtstratlon number 04201736 Registered office and Operational addrass Trinity Point 1 Trinity Street Smethwick West Midlands B67 7AA The Dlrectors of th• Chartty The directors of the charity who served the Company during the year were as follows.. Kuldeep Singh Deol (Chairperson & Director) Mr Bhervinder Singh (Appointed on 14.04.24} (Dirertor) Balbir Singh Bhajam (Director) Mr Sarbjit Singh (Appointed on 14.04.24) (Director) Mr Jagievan Singh Samra (Appointed on 14.04.24} (Director) Mrs Parbinder Kaur (Director) Gurpal Singh (Director) Mr Harjinder Singh Malhi (Director & secretary) Secretsry Harjinder Singh Malhi Audltors DAS, Chartered Accountants 6th Floor AMP House Dingwall Road Croydon CR02I Bankers Barclays Bank Plc Leicester LE87 2BB Smethwick Youth & Community Centre Limited A Company Limlted by Guarantee Report of The Dtrectors of The Charity Icontlnued) Year Ended 31 March 2025 StNcture, Governance and Management verni Document The organization is a charitsble company limited by guarantee, incorporated on 19 April 2001 and registered as a charity on 11 February 2002. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and ￿ govemed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1. It t of thé Dirnctors of the Cha ent an Majority of the directors of the company are charity trustees for the purposes of charity Law and under the company's Articles are known as directors of the charity. Under the requirements of the Memorandum and Articles of Assoc¢ation, there must be a minimum of Eight trustees. The trustees must consist of not less than five representatives from the management committee of the Guw Nanak Gurdwara, High Street, Smethwick and not less than four members of the charity, elected at the annual general meeting, three of whom shall be young people representstives (at least 1 being female and 1 between the age of 18 and 25) and one elderly user. One third of the longest serving trustees are subject to retirement by rotation at the annual general meeting. Some of the trustees are expected to retire at the next Annual General Meeting by Rotation and offer themselves for re-election. New trustees will be appointed, if the number of remaining trustees ￿ less than the required mininum under the Articles of Association. We have referred to the guidance in the Char(ty Commission's general guidance on public benefLt when reviewing our aims and objectives and in planning our future actiVLties. In particuLar the trustees consider how planned activities will contribute to thé aims and objectives they have set. The trustees confirm that the major risks to which the charity is exposed have been reviewed and systems have been established to minimise those risks. The trustees have implemented risk management strategy which comprise.. an annual review of the risks which charity may face establishment of systems and procedures to mitigate those risk identified in the plan and -the implementation of procedures designed to minimise any potentiaL impact on the charity Smethwick Youth & Community Centre Limited A Company Limited by Guarantee Report of The Directors of The Charity (Continued) Year Ended 31 March 2025 anlsational Structurè The centre has Eight trustees who meet quarterly to consider the strateg(c direction and performance of the charity. The trustees work under the stewardship of Kuldeep Singh Deol as Chairperson to ensure the charity maintsins its strategic direction and is managed in 8 professional manner. SYCC engages a Strategic Advisor on a consultancy basis. The Strategic Advisor is responsible for prov￿Ing executive oversight to the Community Centre and Nursery management whiLst also advistng the chaL￿erson and Trustee Board on strategic direction and governance. The management team present the trustees at the rneet￿g with strategic planning reports, such as flnancial reviews, project feedback reports, schedule of planned activities for the future and any other issues which require the attention of the trustees. The charity has been set up under the leadership of Guru Nanak Gurdwara IGNG) High Street, Srnelhwick with particuLar emphasis on serving and supporting the whole community of Sandwell and Smethwick. It is a requirement of the Articles of Association that trustees, positions are reserved for the Presldent and the General Secretary and three other members of the management committee of the GNG. There is no doubt that the charity benefits immensely from the inspirational support and voluntary leadership provided by the member5 of the GNG. ion Vbion Misslon Statement To develop a multi-agency and cross sector resource centre particularly for the S(kh-Punjabi community in Smethwick ectlves That provides a one-stop solution to REDUCE social depriVat￿n & exclusion, bw levels of skills, %Kial isolation, crime and drug migjse, RAISE educational stsndards,. IMPROVE health, employment opportunities, household incomes and, SUPPORT SME business regeneration and diversification pathways teading to ￿brant ommunty regeneration and strengthening of the local neighbourhood Incorporate a holistic approach to a multiagency facility in the heart of Srnethw4ck Town Centre (High Street) that will enable it to deliver services and provide access to resources across communities and across disciplines Biidge the skitls divide between the local communities and promde a supporting pathway that develop5 user confdence and promotes access of ma(nstream provisiorL YCC'S Aims & Ob'ectives SYCC'S mtssion as exptained above 15 to foster and supwrt the development of individuals, groups and organtsations within the Sikh Punjabi community, in particular, tenants Ltv(ng in or around Smethwick Whilst it witl provide it5 servLces ft)r all local people and has an open door, non- judgementsl policy. it will have as its ultirnate aim to address the need5 of the S&h Punjabi community Thts community is an ethnic group that has often been left behind in temis of employment and educational opportunities, affordable quality housing. access to heatth and soctal services, as well as a lack of spectfic voluntsry ￿pport struttures strategic- representation and political influence. Smethwick Youth & Communlty Centre Limited A Company Limited by Guarantee Report of The Directors of The Charity (Continued) Year Ended 31 March 2025 SYCC'S aim is to redress this balance through provLding one-stop services for the tsrget communty to access worl education, health housing and se￿ICeS bcally. Its capacity and scope have been vitdened through strong support and partnershps LocalLy. K Achievemen￿. SYCC'S main achievement in this financial year is the refocusing of our Nursery and Projects to adjust to the ovemhelming demands of the Cost of Living Crisis. With some diffLcult decisions having to be rnade and costs belng cut back in many areas of its operations. SYCC has invested heavily in developing its sen4ices to adjust to community need. WLth a diffiojlt economic climate, the decision was made to diversify the organisation's operations in order to sustain the charity. The Nursery is growing and is being supported by SYCC'S team in its dLweloprnenC the number of Centre Projects has increased as well as the centre's dient base. Driven by community feedback and the changes to the economic and funding climats SYCC has Énvested in the development of a Nursery. The Nursery has been set up and named GNG Nursery. The Nursery operates from the existing SYCC premises, Monday to Friday,. 8.00 am to 5.00 pm. The fu)ancial investment into the venture will allow SYCC to both continue to provide a communty seNice and bridge the f￿anCIaL gaps brought about by fund4ng ojts in the sector. The Nursery has atso been given a Food Hygiene rating of 515. hlldren Over 60 children presently on roll at GNG Nursery 17 Staff Members 6 Students Nursery is focused on Speech, Language and Communication and took part in programs to help develop children's speech and to narrow the gaps that occutTed during Covid. We did this by holding a 'Read Togetherf program with parents and chddren. Parents to start readirrfj sessions with children once a month to help deveLop speech and Language, We ran the NHS Toothbrushing Scheme encouraging independent brushing from a young age omm rnent GNG Nursery conducted several actLVLtie5 that engaged with the community. We were involved in the HaNest collections at the Local albtments. The children enjoyed seeing the anirnal& AdditÉonally, the Nursery had several visits with the chLldren to local amentiies. We visited Gunj Nanak Gurdwara Smethwick, Smethmck Library and Trinity Church. ement We have been out to Birmingham Library for story t(me. The children travelLed on the train and thoroughly enjoyed this trip. Nursery conducted a Speech and Language programme for parents whose English is not their first Language. The Nursery also promoted English Classes and was able to provide childcare for parents that regISte￿d on the Centre's Engli£h Classes. We have visited the local modifLed train station and atso had a Local police offKer came in to discuss road safety. We did a Lot of play based leaming, whith was structured ptay which encourages creativity and expLoration. SYCC has maintsined the usage of the new GNG Community Annexe to prowle community seThices. As regards to project activities in the past year SYCC has achieved the fouowng.. Health SYCC has engaged around 192 people n its Health actLVitie5 this year. SYCC provides Yoga classes every Thursday, engaging 64 people annually, SYCC provides F(tness Ctasses every Tuesday, also engaging around 76 people annually. SYCC provides Healthy Cooking cLasses every Thursday, engaging 60 people annuaLLy. SYCC runs Healthy Walking Sessions on Fridays, attended by 40 people annualEy. SYCC provided assistance to over 3000 job searches. SYCC runs a job search and CV updat(ng service, this is coordinated through volunteers. SYCC enrolled 73 individuats onto its Employment Project. SYCC prov(ded taitored support based on irdividual needs. Support offered included guidance on apP￿ntiCeshw inter￿1 practice, and opportunitie5 for volunteer work. SYCC helped participants improve social skills and provided assi￿ance wtth obtaining DBS checks. SYCC continued to offer dedicated one-to-one support to help individuals progress into Education, Employment and Trainwg. Smethwick Youth & Communlty Centre Limlted A Company Llmited by Guarantee Report of The DIreCto￿ of The Charity (Continued) Year Ended 31 March 2025 arning SYCC provide Pre-Enty and Entry Lwel 1 English classes on Mondays, Tuesdays Thursdays and Fridays. This was fijnded through the SLN Project Thts projett has seen a totsl of 63 participan SYCC provided the Sandwetl Language NebNork ESOL Extend Pro9ramme to 35 of its ESOL leamers, SYCC carr£d out over 30 Gardening sessions where we engaged with over 50 indimduals. SYCC expar)ded the leaming of our stsff through Manual Handling which 5 staff members completed and Health and Safty which over10 staff members completed. SYCC trained over 25 individuals in First A￿. SYCC trained over 25 individuals in Food Hygiene. SYCC trained over 25 individuals in Safeguarding. SYCC offe￿d Work Experience to over 20 students annually. SYCC delivered O￿tta1 Skills courses, engaging over 120 learners annually. SYCC supported 6 undergraduate placement student5. Povety Reductton SYCC runs a food donation scheme. The Centre donated approximately 2400kg of food to Lts cltents, which equates to 5000 meaLs. SYCC supported 80 individuals wlth getting onLine and completing their Council Tax Reduction Scheme ApplicatLOn. SYCC provided support wtth the Cost of LLVLng Team project (COLT) including budgeting, debt, energy, welfare, housing and employment SYCC supported over 50 Universal Credit applications, SYCC supported 15 to 20 PIP fomis. SYCC delivered approximately 3,000 to 4,000 Welfare & Benefits advice sessions. smeth￿YoUth & Comnwnity Centre Limited A Company Llmited by Guarantee Report of The Dlrectors of The Charity {Contlnued) Year Ended 31 March 2025 FINANCIAL REVIEW Transartions and Flnancial Position A sumrnary statement of financial actLVLties for the year s shown on page 14 of the accounts. This shows that during the year, total income of £477,582 {2024: £439,516) was received and after expenditure a net profit of £34,152 (2024: £51.810) was credited to reserves. The deficit includes a char9e of Nil {2024.' Nil) which represents current 12 months of depreciation on the leasehold property. rhe trustees have not changed the accounting policy on depreciation as it is felt this Is more likely to gtve a true and fair view. eseNes oli and funds In deficLt It is the policy of the trustees to maintain six months, running costs. The rese￿e$ at 31 March 2025 totaled £407,719 12024: £373,56T), however cash held only amounted to £319,960 (2024,. £261,032). There are a number of funds in deficit, including the building works fijnd and nursery fund. The trustees are in the process of reviewing and rationalizin9 the funds. Fundin The princtpal funding resources during the year were GNG Welfare Fees, Consortium Income, ELT, SCVO Grant income, EYSFF, Room Booking, Good thing Foundation, etc. Investme and Retur Under the memorandum articles of association, the charity has the power to make any investment, which the trustees see fit. The investment policy has been to choose the best deposit account available that will give high interest for the organisation and also to choose the most flexible current account for efficiency in daily transactions. It is the policy of the trustees to ma(ntain six months running costs sufficient to ensure that continued operation of the charitable company's actLVlties, The organisation w(shes to maintain suffic(ent cash flow for known commitments. SYCC Strat•glc DlrectLon Perfomianc• - Even in this diffLcuIt economi¢ climate, SYCC will continue to maintsin its high level of performance and quality of its service delivery. Productlvlty - SYCC will become more productive by creating efficiencies internally and through the use of engagement tools such as social media and better use of technology including management information systems. Processes - Through reviewing all processes SYCC will maintain its level of quality delivery, this will ensure SYCC retain the MATRIX quality stsndard. People - The essence of SYCC is our people, those being stsff and the clients. We WILI strive to invest in our people,. at a strategic level this include5 Lnvestment in senior management and training for trustees. At an operational this involves eqUIpp￿g stsff with the tools to meet their full POtent￿L Smethwick Youth & Community Centre Limited A Compary Limited by Guarantee Report of The Dirertors of The Charity {ContinuedJ Year Ended 31 March 2025 Participation SYCC will strategically align itself with the governments Localism agenda, focusing on encou raging active participation with local members of the commLtnity. SYCCare Here to HELP" SYCC continues to work under a new core strategy Health li.e gym packages, sports) Employment li.e. employment packages i.e. creating Cv's) Lifelong Learning li.e tuition,. literacy, youth services) Poverty Reduction li.e. welfare advice) We will support people on their steps to success.. Employment ifeLong Learning Poverty Reduction Care er "HELP" SYCC aim to "HELP" the local communtty through their strategy which provides support in the following areas. 'Health" EmployabLltty-, 'Learning" and 'Poverty reduction, . Health: SYCC provide Health facilities su(table for people of all ages and backgroiinds by provid(ng the following activities.. Yoga for women Exercise machines on a drop-in basis Weightlifting Football sessions Karate 5e55ions Community Walks Healthy cooking The provide health seryices aimed at the local community to reduce health risks Furthermore, SYCC WLSh to tackle common dangers including depression and stress. With many in the area working Long hours therefore 5trugglin9 to fiiid time to exercise, SYCC will "HELP- through providing a combination of everyday healthy living. ThLS Lncludes physical exercise through cardio workouts and valuable knowledge through healthy cooking Smethwick Youth & Community Centre Limited A Company Limited by Guarantee Report of The Dirertors of The Charity (Continued) Year Ended 31 March 2025 Enyloyability: Cv's Job sea rch Basic Computing through UKOnline Centres Employability opportunities received through SYCC enables clients to enhance their employabillty chances. We create unemployed clients a CV which will allow them to apply to Jobs,. providing a steady income and reducing poverty. Moreover, the centre provides support on searching and applying forjobs online. Learning: Engllsh classes 8asic Computing Youth Club Nursery Gaining a higher level of education will allow the individual to become more employable as they have extended their skills and knowledge. More career opportunities wtll be available. Furthemore, adults can help their children with homework which they perhaps cannot provide support for at the moment. The Youth Club provides afterschool activities which encourages the young individuals to Interact wilh one-another and socialise. Many of these young people may not be able to socialise with each other at school in this way. The basic computing provides both learning and enhancing employabillty, as many Jobs require l.T. skills Finally, with SYCC'S new nursery opening, we wish to provide young children with the ri9ht steps in their learning pathway We hope to provide them with opportunities that they may not receive elsewhere. With the high waiting lists in the area to get a child into a nursery, we feel that this opportunity will reduce the walt and raise the chances of a child starting within the applicable year. Poverty Redu 31fi Mar¢h 31Jt Mar¢h 31rt M4r¢h 31rt M4rrh Jlit M•r¢h 2025 2025 2025 2025 2024 Total Tot4l Fund Fund T•tsl Fundi 8rou9ht FornTird 373.567 373,567 321,757 Lw: TraTh￿•r ol ￿ndS 5tr•t•gi£ Cthpitsl & R•%Ukn<• Fund IS•• Not• b•low) 200,000 1170,4951 4,647 34,152 51.810 Total Funth C•ntsd lomrd 200.000 2Q3 072 4.647 407.719 373.567 The Ststement of Financial Activities includes all gains and Losses in the year and therefore a statement of total recognised gains and losses has not been prepared. All of the above amounts relate to contlnuing attivltks. Note: D•signat￿ for •ss•ntlal lif•q¢l• r•pLa¢•m•nt ol pl4nt mithtn•ry IboilffsAift) and strjtegk oryanlMd•n•l r•sUt•nc•. 15 Smethwi¢k Youth & Communlty Centre Limitsd A Company Llmlted By Guarantee Balance Sheet Year Ended 31 March 2025 2025 2024 FIXED ASSETS Tangible Assets 18,639 26,027 CURRENT ASSErs Debtors & Prepayrnents Cash at Bank & In Hand 74,846 319,960 394,806 90,693 261,032 351,725 CREDITORS: Amounts du• wlthln on• yur 4,185 NFf CURRENT ASSErs 389,080 347,540 CREDITORS: Afflounts faiilng du• 4ft•r more than one year NEf ASSETS 407,719 373,567 FUNDED BY Accumulated Unrestricted Income funds Accumulated Restricted Income funds 11 10 407,719 373,567 TOTAL 407,719 373,567 For the year ending 31 March 2025 the company was entitled to examption from audit under section 477 of the companies Act 2006 The Trustees/Directors have not required the company to obtain an audit in accordance with section 476 of the companies Act 2006 The Trustees/Directors acknowledge their respon5ibitiy - ftjr complying Wlth the requirement5 to keep accounting records of Sedions 386 and 387 of the Companies Act 2006 with respect to accounting records and preparation of accoun( a5 to the surplus or deficit to give a true and fair view of the charitable f(nancial status 16- Smethw(¢k Youth & Community Centre Limcted A Company Limited By Guarantee BaLan¢e Sheet of the state of affairs of the charitabLe company at the end of each financial year in accordance with the requirements of Sections 394 and 395 wh(ch otherwise comply w(th the req¢Jirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and the Financial Reporting Standard for Smaller EntLties, 2008. Thes financial statements were approved and authorised for issue by the members of the committee on the ..Oli.zl￿ and are signed on their behalf by . J￿Javan Singh Samra (rreasurer) 17- Smethwick Youth & Community Centro L(mited A Company Limited By Guarantee Notes To The Financial Statements Yéar Ended 31 March 2025 ACCOUNTING POLICIES Basls of Accountlng The f(nancial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities, effective April 2008, the Statement of Recommended Practice 'Accounting and Reporting by Charities. issued in January 2019 ISORP JAN 2019) and the Companies Act 2006. Cash ftow stst•ment The dtrectors of the charity have taken advantage of the exemption in Financial Reporting Standard No 1 {revisedl from including a cash fLow ststement in the financial statements on the ground5 that the Company is small. FIX￿ assets All ftxed assets are Initlally recorded at cost D•pr•ciatlon Depreciation is calculated so as to write off the cost of an asseL less its estimated residual value. over the useful economic life of that asset as follows Office Equipment Fixtures & Fittings Leasehold Property Improvements to property 20% on Reducing balance method. 20% on Reducing balance method. 5% on cost 5% on cost Income reco9nltlon Income is recognized when the charity is entitled to il the￿ is reasonable certainty that it will be rece¢ved and it is measurable, ExpendLtur• and IlabiUtI¢s Expenditure and the related liab¢lities afe recognised at the point that there is an obligation on the charity to transfer economic benefits. Expenditure include any VAT which cannot be fvlly recorded, and is reported as part of the expenditure to which of reLates to charitable and governdnce cost. Apportionment of costs Co5t5 are applied on a fair bass to the various projects, keeping in mind that certain projects are based on deltvery of outputs, the￿fore costs are allocated to the fund to reflect the fact that the outputs have been delivered. Funds Restrirted fvnds are recognised when a donor specifies that the fund5 are to be Spent for a part(cuLar purpose. All other funds are classified as unrestricted. 18- Sm•thwkk Youth & Communlty Centre Llmit•d A Company LIMIt￿ By Guarant£• N￿•$ To Th• Flnaneial Stst•m•nts 2 VOLUNTARYINCOME D•sign*ad Fund Unrestrittod Fund IGNG Nursery) 31st March 2025 RpsThlct•d Tot•l T•t•l Fund (SYCQ 31st M¥ch 202S Fund Fund 31st March 2025 31*1 Marth 2014 Do￿11￿￿• GNG Mu￿ery Fees Grints r•c•l¥•bl• Consortium ELT Good Things Foundation SCVO lrtomè EVSFF Miscdl#n.eous ￿cOMe Trnn$￿ olfvnd 90,997 90,997 120,882 111386 111386 1047&S 8A soo 148,108 8,485 142.670 31.580 108,706 &400 500 148,108 55,823 75311 1485 7,SK15 7.4>5 339.906 137.070 477.582 4)9.516 J INCOME OF CHARITABLE AcfiviTIES JY FUND TYPE tknign•t•d Unf•Strittod Fund IGNG N￿￿ery) 31st March 2025 R•stricted Totsl Fund Fund ISYCCI nd Fund 31st M)rch 2025 31st Marth 2025 31st Mat