**REGISTERED COMPANY NUMBER: 04351686 (England and Wales) REGISTERED CHARITY NUMBER: 1093110**
**Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 March 2022**
## **for**
**Birmingham Asian Resource Centre**
Marneros Marcus & Co Hagley Court 40 Vicarage Road Edgbaston Birmingham B15 3EZ
**Birmingham Asian Resource Centre**
## **Contents of the Financial Statements for the Year Ended 31 March 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**||7||
|**Notes to the Financial Statements**|8|to|14|
|**Detailed Statement of Financial Activities**|15|to|16|
**Birmingham Asian Resource Centre**
## **Report of the Trustees for the Year Ended 31 March 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of 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).
Page 1
**Birmingham Asian Resource Centre**
## **Report of the Trustees for the Year Ended 31 March 2022**
## **OBJECTIVES AND ACTIVITIES**
## **Objectives, Aims, Achievement and Performance**
The Birmingham Asian Resource Centre is a social welfare agency serving the needs of the Asian Community in Birmingham.
The centre provided support by running services in relevant Asian languages such as Punjabi, Hindi, Urdu, Bengali, and Gujarati. Also, the Centre follows up its support through home visits, outreach, representations, and liaison with other agencies.
You, Me, Body and Mind (YMBM) project:
Funded by the Lottery Community Fund, this service provides a range of meaningful support services for older people aged 55+ and hidden carers across the Northwest of Birmingham.
The objective of the YMBM is to create a place for elders and carers to get the support and assistance to lead a more positive and meaningful life.
You me Body and Mind project started in March 2022 and is run by three multilingual staff and volunteers, directly delivering advice, activities, workshops, and events supporting elders and carers.
This project intends to create a safe and trusted place for elders and carers to access support and services to improve and enhance their quality of life, gain access to opportunities and thus improve their life chances.
The project encapsulates the following objectives:
- Develop an older people's forum.
- Create a place for people to access information and navigate to other support
- Ensure beneficiaries are empowered, remain independent, and have more fulfilling lives
- Reducing social isolation by running activities, building networks and friendships
- Living safely at home, visiting vulnerable people at home to improve their lives
- Support to self-manage; and access locally-led provision
- Support for carers, improved access to training, education, and employment
- Create mechanisms, partnerships, and collaborations to build social capital?
During the worse period of the pandemic, the death toll in the Lozells was significantly high because the information was not being disseminated in the community in a way that most people would have understood. The effect of Covid-19 led to the designing of this project. Supporting vulnerable people will significantly improve their life circumstances by increasing their access to opportunities and services, thus improving their self-esteem and confidence. The journey through our services will give them the tools and skills to change themselves positively. Financial empowerment was also crucial and aimed to secure additional income for many clients through one-off grants, trust funds, and income maximised through debt management. With the effort and determination of the Trustees and its volunteers, the Centre secured funding from The Lottery in December 2022. In March 2022, we recruited three people to lead the project. We will report on the success of this programme in our following report.
## Future Strategy:
The charity plans are to enhance the services through further fundraising. Looking at a new strategy for the organisation, The trusted new Partnership was becoming more critical, and the trustees began developing plans for greater work collaboration. However, like many businesses and charities, the uncertainty of remaining open was genuine during the pandemic, faced with the possible complete closure of the Centre and its work.
Page 2
**Birmingham Asian Resource Centre**
## **Report of the Trustees for the Year Ended 31 March 2022**
The Centre had to take a stern look at its survival and had made the difficult decision to sell off its prime asset for sustainability.
In March 2022, Birmingham Asian Resource Centre sold its grade 2 listed building to fund a future pilot programme and invest the money in a smaller property. This action made it possible to safeguard the organisation's future for many more years. The Charity is now situated on the main Lozells Road surrounded by some of the most deprived parts of the England.
Birmingham Asian Resource is genuinely a community asset belonging to the local community of Lozells and Handsworth.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
04351686 (England and Wales)
## **Registered Charity number**
1093110
## **Registered office**
110 Hamstead Road Handsworth Birmingham West Midlands B20 2QS
## **Trustees**
Mr Abdullah Khurram (resigned 16.4.21) Mr Muhammad Idrish Mr Muhammad Imtious Sheikh Mr Sobur Khan Mr Umar Khurram Mrs Nighet Nisa Mr Haroon Majid
## **Company Secretary**
Ms Juma Begum
## **Independent Examiner**
Marneros Marcus & Co Hagley Court 40 Vicarage Road Edgbaston Birmingham B15 3EZ
Page 3
**Birmingham Asian Resource Centre**
## **Report of the Trustees for the Year Ended 31 March 2022**
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................
Mr Muhammad Imtious Sheikh - Trustee
Page 4
## **Independent Examiner's Report to the Trustees of Birmingham Asian Resource Centre**
## **Independent examiner's report to the trustees of Birmingham Asian Resource Centre ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Chartered Certified Accountants which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Marneros Marcus & Co Ltd Chartered Certified Accountants Marneros Marcus & Co Hagley Court 40 Vicarage Road Edgbaston Birmingham B15 3EZ Date: .............................................
Page 5
**Birmingham Asian Resource Centre**
## **Statement of Financial Activities for the Year Ended 31 March 2022**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**-**
Investment income
2
**8**
Other income
**393,548**
**Total**
**393,556**
**EXPENDITURE ON**
Raising funds
**-**
**Charitable activities**
Administration
**-**
Other
**1,244**
**Total**
**1,244**
**NET INCOME/(EXPENDITURE)**
**392,312**
**Transfers between funds**
11
**(20,000)**
**Net movement in funds**
**372,312**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**163,612**
**TOTAL FUNDS CARRIED FORWARD**
**535,924**|Restricted
fund
£
**54,490**
**-**
**-**
**54,490**
**9,230**
**1,844**
**15,375**
**26,449**
**28,041**
**20,000**
**48,041**
**5,609**
**53,650**|**2022**
**Total**
**funds**
**£**
**54,490**
**8**
**393,548**
**448,046**
**9,230**
**1,844**
**16,619**
**27,693**
**420,353**
**-**
**420,353**
**169,221**
**589,574**|2021
Total
funds
£
64,007
25
-
64,032
10,742
50,764
18,626
80,132
(16,100)
-
(16,100)
185,321
169,221|
|---|---|---|---|
The notes form part of these financial statements
Page 6
**Birmingham Asian Resource Centre**
## **Balance Sheet 31 March 2022**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
8
**7,047**
**CURRENT ASSETS**
Debtors
9
**-**
Cash at bank
**528,877**
**528,877**
**CREDITORS**
Amounts falling due within one year
10
**-**
**NET CURRENT ASSETS**
**528,877**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**535,924**
**NET ASSETS**
**535,924**
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
fund
£
**-**
**-**
**57,772**
**57,772**
**(4,122)**
**53,650**
**53,650**
**53,650**|**2022**
**Total**
**funds**
**£**
**7,047**
**-**
**586,649**
**586,649**
**(4,122)**
**582,527**
**589,574**
**589,574**
**535,924**
**53,650**
**589,574**|2021
Total
funds
£
73,291
655
103,288
103,943
(8,013)
95,930
169,221
169,221
163,612
5,609
169,221|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Mr Muhammad Imtious Sheikh - Trustee
The notes form part of these financial statements
Page 7
**Birmingham Asian Resource Centre**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Grants received**
Some of the grants received have been recognised over the life of the grant. However, in most cases the grant is recognised in the income and expenditure account upon receipt,
continued...
Page 8
**Birmingham Asian Resource Centre**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||**2022**|2021|
||**£**|£|
|Deposit account interest|**8**|25|
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||**2022**|2021|
||**£**|£|
|Depreciation - owned assets|**1,244**|1,463|
|Other operating leases|**2,908**|3,838|
|Surplus on disposal of fixed assets|**(393,548)**|-|
## **3. NET INCOME/(EXPENDITURE)**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **5. STAFF COSTS**
The average monthly number of employees during the year was as follows:
## **6.**
|Administration
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
-
Investment income
25
**Total**
25
**EXPENDITURE ON**
Raising funds
-
**Charitable activities**
Administration
-
Other
1,463
**Total**
1,463|**2022**
**-**
Restricted
fund
£
64,007
-
64,007
10,742
50,764
17,163
78,669|2021
3
Total
funds
£
64,007
25|
|---|---|---|
|||64,032|
|||10,742
50,764
18,626|
|||80,132|
continued...
Page 9
**Birmingham Asian Resource Centre**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
|**6.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
funds
fund
£
£
**NET INCOME/(EXPENDITURE)**
(1,438)
(14,662)
**Transfers between funds**
(10,000)
10,000
**Net movement in funds**
(11,438)
(4,662)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
175,050
10,271
**TOTAL FUNDS CARRIED FORWARD**
163,612
5,609
**7.**
**GRANTS AND CONTRACTS RECEIVABLE**
**2022**
Lottery Community Fund
**54,490**
Covid 19 Response
Local Authority Grant
HMRC Job Retention scheme
**Totals**
**54,490**|**6.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
funds
fund
£
£
**NET INCOME/(EXPENDITURE)**
(1,438)
(14,662)
**Transfers between funds**
(10,000)
10,000
**Net movement in funds**
(11,438)
(4,662)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
175,050
10,271
**TOTAL FUNDS CARRIED FORWARD**
163,612
5,609
**7.**
**GRANTS AND CONTRACTS RECEIVABLE**
**2022**
Lottery Community Fund
**54,490**
Covid 19 Response
Local Authority Grant
HMRC Job Retention scheme
**Totals**
**54,490**|**6.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
funds
fund
£
£
**NET INCOME/(EXPENDITURE)**
(1,438)
(14,662)
**Transfers between funds**
(10,000)
10,000
**Net movement in funds**
(11,438)
(4,662)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
175,050
10,271
**TOTAL FUNDS CARRIED FORWARD**
163,612
5,609
**7.**
**GRANTS AND CONTRACTS RECEIVABLE**
**2022**
Lottery Community Fund
**54,490**
Covid 19 Response
Local Authority Grant
HMRC Job Retention scheme
**Totals**
**54,490**|Total
funds
£
(16,100)
-
(16,100)
185,321
169,221
**2021**
49.536
2,500
11,971
**64.007**|
|---|---|---|---|
|||||
|||**2022**||
|||||
|||**54,490**||
|||||
|||||
|||||
|||**54,490**||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
continued...
Page 10
**Birmingham Asian Resource Centre**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **8. TANGIBLE FIXED ASSETS**
|Freehold
property
£
**COST**
At 1 April 2021
**80,000**
Disposals
**(80,000)**
At 31 March 2022
**-**
**DEPRECIATION**
At 1 April 2021
**15,000**
Charge for year
**-**
Eliminated on disposal
**(15,000)**
At 31 March 2022
**-**
**NET BOOK VALUE**
At 31 March 2022
**-**
At 31 March 2021
65,000
**9.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Provision for bad debts
Prepayments
**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other Creditor
Social security and other taxes
Accrued expenses|Fixtures
and
fittings
Totals
£
£
**20,467**
**100,467**
**-**
**(80,000)**
**20,467**
**20,467**
**12,176**
**27,176**
**1,244**
**1,244**
**-**
**(15,000)**
**13,420**
**13,420**
**7,047**
**7,047**
8,291
73,291
**2022**
2021
**£**
£
**25,419**
25,419
**(25,419)**
(25,419)
**-**
655
**-**
655
**2022**
2021
**£**
£
**-**
1,080
**905**
5,073
**3,217**
1,860
**4,122**
8,013|
|---|---|
continued...
Page 11
**Birmingham Asian Resource Centre**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **11. MOVEMENT IN FUNDS**
|**Unrestricted funds**
Unrestricted Fund
**Restricted funds**
Restricted Fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as
**Unrestricted funds**
Unrestricted Fund
**Restricted funds**
Restricted Fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
Unrestricted Fund
**Restricted funds**
Restricted Fund
**TOTAL FUNDS**|At 1.4.21
£
**163,612**
**5,609**
**169,221**
follows:
At 1.4.20
£
175,050
10,271
185,321|Net
movement
in funds
£
**392,312**
**28,041**
**420,353**
Incoming
resources
£
**393,556**
**54,490**
**448,046**
Net
movement
in funds
£
(1,438)
(14,662)
(16,100)|Transfers
between
At
funds
31.3.22
£
£
**(20,000)**
**535,924**
**20,000**
**53,650**
**-**
**589,574**
Resources
Movement
expended
in funds
£
£
**(1,244)**
**392,312**
**(26,449)**
**28,041**
**(27,693)**
**420,353**
Transfers
between
At
funds
31.3.21
£
£
(10,000)
163,612
10,000
5,609
-
169,221|
|---|---|---|---|
continued...
Page 12
**Birmingham Asian Resource Centre**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **11. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|Incoming
resources
£
**Unrestricted funds**
Unrestricted Fund
25
**Restricted funds**
Restricted Fund
64,007
**TOTAL FUNDS**
64,032
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
At 1.4.20
in funds
£
£
**Unrestricted funds**
Unrestricted Fund
175,050
390,874
**Restricted funds**
Restricted Fund
10,271
13,379
**TOTAL FUNDS**
185,321
404,253|Resources
Movement
expended
in funds
£
£
(1,463)
(1,438)
(78,669)
(14,662)
(80,132)
(16,100)
Transfers
between
At
funds
31.3.22
£
£
(30,000)
535,924
30,000
53,650
-
589,574|
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
Unrestricted Fund
**Restricted funds**
Restricted Fund
**TOTAL FUNDS**|Incoming
resources
£
393,581
118,497
512,078|Resources
Movement
expended
in funds
£
£
(2,707)
390,874
(105,118)
13,379
(107,825)
404,253|
|---|---|---|
continued...
Page 13
**Birmingham Asian Resource Centre**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2022.
Page 14
**Birmingham Asian Resource Centre**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2022**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Grants & Contracts Receivable
Local Authority Grants
Exceptional items
**Investment income**
Deposit account interest
**Other income**
Gain on sale of tangible fixed assets
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Rates and water
Light and heat
Repairs & Renewals
**Charitable activities**
Postage and stationery
**Other**
Other operating leases
Depreciation of tangible fixed assets
**Support costs**
**Human resources**
Wages
Employers NI
Staff Pensions
**Other**
Telephone
Sundries|2022
£
**54,490**
**-**
**-**
**54,490**
**8**
**393,548**
**448,046**
**4,018**
**5,212**
**-**
**9,230**
**1,011**
**2,908**
**1,244**
**4,152**
**4,500**
**316**
**420**
**5,236**
**617**
**975**
**1,592**|2021
£
49,536
2,500
11,971|
|---|---|---|
|||64,007
25
-|
|||64,032
5,542
4,592
608|
|||10,742
805
3,838
1,463|
|||5,301
53,158
-
1,290|
|||54,448
964
4,550|
|||5,514|
This page does not form part of the statutory financial statements
Page 15
**Birmingham Asian Resource Centre**
|**Detailed Statement of Financial Activities**
**for the Year Ended 31 March 2022**
**Other**
**Other 2**
Professional Fees
**Governance costs**
Accountancy fees
Total resources expended
**Net income/(expenditure)**|2022
£
**5,272**
**1,200**
**27,693**
**420,353**|2021
£
2,390
932
80,132
(16,100)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 16