Rcgistered Charity Number:_ 04351686 BIRMINGHAM ASIAN RESOURCE CENTRE TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR END 31 March 20?4 Birmingham Asian Resource Centre First Floor, 149 Lozells Road, Birmingham, England, Bl 9 2TP
BIRTrIINGHAM ASIAN RESOURCE CENTRE CONTENTS FOR THE YEAR ENDED 31 March 2024 Page Trustees, Report 3to5 Independent Examiner's Report Statement of Financial Actii'ities Balance Sheet Notes to the Financial Statements 9t0 15
BIRITrIINGHAM ASIAN RESOURCE CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 Marcli 2024 TRUSTEES, REPORT Introduction The Birmingham Asian Resource Centre (BARC) continues to be a key social welfare agency that serves the wider Black and Minority Ethnic (BME) communities of Birmingham. Our mission remains focused on providing essential support, guidance, and services in a range of Asian languages including Punjabi, Hindi. Urdu, and Bengali. This multilingual approach allows us to offer culturally sensitive services to the community. Throughout 2023, we provided assistance through advice, home visits, outreach, and by representing the community in collaboration with other agencies. Achievements and Performance in 2023 This year presented significant challenges as many in our community faced increased hardships due to the cost of living crisis. With rising energy bills, food and fuel prices, and prescription charges, the decline in clients. morale and mental health was palpable. BARC'S services became more crucial than ever in addressing pressing issues like men's mental health, women's health (with a focus on breast cancer awareness and peri-menopause), and the plight of hidden carers and older adults. A key issue we addressed in 2023 was the financial abuse of older adults, many of whom are living in inadequate housing and forced to make difficult choices between heating and eating. These struggles underscored the urgent need for the Centre's continued work in providing both practical and emotional support to the most vulnerable. Supporting the Community BARC served around 4,000 people ihis year, with services extending to key programmes such as badminton for youth, in partnership with 'Sports England" However, we regret to announce the conclusion of our Golden Age Warm Hub programme, supported by Independent Age Grant. Despite this, our partnerships with Thrive Together, Cadent Foundation, Heart of England, Lottery Funding, National Energy Action, and the Canal and River Trust enabled us to deliver valuable services and projects, including those targeting youth. older adults, and hidden carers. Challenges and Response Operating wilh a small team and the vital assistance of volunteers, delivering our broad range of programmes under significant resource constraints has been demanding. Nonetheless, the unwavering dedication of our staff. volunteers, and partners ensured that BARC continued to meet its objectives, offering confidential, impartial, and culturally relevant services to the community. Looking Ahead: Future Strategy We aim to expand our Information, Advice, and Guidance (IAG) services, which remain central to our work. Alongside this we will continue our mission of "improving health and wellbeing, instilling dignity and respect., Moving forward, we will continue to operate from our primary location on Lozells Road and our secondary hub at St Silas Church. A major focus for the future will be supporting our aging population, who are living longer but not necessarily healthier lives. Ensuring they have access to services that improve their lifestyle and wellbeing will be a priority.
BIRIMINGHAM ASIAN RESOURCE CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 March 2024 We have strengthened our team with the addition of a Business Development Officer whose focus is ensuring the long-term sustainability of the Centre. This marks a strategic step forward in our journey towards becoming more self-sufficient while continuing to provide top-tier advice and guidance. Conclusion We extend our deepest gratitude to the trustees. our funders, partners, and volunteers for their invaluable support throughout 2023-2024. Their contributions have been integral to our ability to serve the community and address the evolving needs of Birmingham's BME population. As we move into 2025, BARC remains committed to enhancing the health, dignity, and wellbeing of the community. IMPACT STATEMENT We provide vital support to disadvantaged and deprived individuals from Birmingham's diverse South Asian communities, one of the largest in the UK. Despite their significant contributions to the city's cullural and economic fabric, many face persistent socio-economic challenges. High unemployment, low wages, and overcrowded housing conditions are common, while barriers like language and cultural differences limit access to education and healthcare. These struggles are compounded by discrimination and social isolation, often leading to mental healih issues. Yet, the community remains resilient, preSeing its heritage and seeking better opportunities. From April 2023 to March 2024, we supported 2.032 individuals Gender Breakdown.. 1,107 males, 925 females Disability/Health Issues.. 418 males, 749 females Over 55s.' 1,402 individuals Living Alone or Isolated.. 914 individuals From April 2024 to September 2024, 2,089 people accessed our services Gender Breakdown.. 832 males, 1,257 females Over 55s: 784 individuals Disability/Health Issues- 565 males. 904 females Living Alone or Feeling Isolated: 982 individuals (a record high in just 6 months) In terms of advice services, we delivered: April 2023 - March 2024.. 489 sessions April 2024 - September 2024.. 623 sessions
BlkMINGHAM ASIAN RESOURCE CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 Marcli 2024 Our efforts to support income maximization and debt management have been crucial: . April 2023 - March 2024: £229,000 in income generated, £39,732 in debt managed . April 2024- September 2024.. £305,285 in income generated, £174.600 in debt managed The growing demand for our services reflects these communities, urgent and increasing needs. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document. memorandum and articles of association, and constitutes a limited company, limited by guarantee as defined by the Companies Act 2006. Trustees Mr Muhammad Idrish Mr Muhammiid Imlious Sheikh Mr Sobur Khan Mr Umar Khurram {resign¢d May 2024) Mrs Nighet Nisa Mr Haroon Majid Mr Noel Caslellino O'oined July 2024) Company Secretary Ms Jiima BegFum Company Registered Number 04351686 {En&yland and WalLs) Charitv Registered Iyumber 1093110 Registered Office First Floor, 149 Lozclls Road. Birniingham. England, B19 ?TP Independent Examiner: Marneros MarcLlS & Co HaglLy Court 40 Vicaraoc Road, Edgblc StgR;;:,, Binning7liam. Wesl lIdlandS Bli3EZ Je218
BIRMINGHAM ASJAN RESOURCE CENTRE INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 March 2024 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 2024. 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 Acl. Independent examiner's statement I can confirm that l am qualified to undertake the examination because l am a member of the ACCA, 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. r&- Fhl Floor. Hagley CoLfft 40 Rood Edgbast¢)n ltrmlngham B15 3EZ
BIRIMINGHAM ASIAN RESOURCE CEINTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 Marcli 2024 Unrestricted Unrestrieted funds- funds - General Designated Recommended categories by actii'ity Restricted income funds Total Fund$ 2024 Total Fund$ 2023 Notes Ineome and endowments from: Donations and ILgacies 4,980.00 187,593.00 192,573.00 151,756.50 Investments 5,642.47 5,64?.47 1,100.81 Total 10,622.47 187,593.00 198,215.47 152,857.31 Expenditure on: Raising funds 30.987.00 CharilablL aLlii'ilics 79,959.70 79,959.70 38,583.20 Support Costs 22,-1?9.95 22,329.95 OihLr 944.00 939.71 1,883.71 34,691.51 Total 944.00 103,229.36 104,173.36 104,261,72 Net income/(expenditure) 9,678.47 84,363.64 94,042.11 48,595.59 Net movement in funds 9,678.47 84,363.64 94,042.11 48,595.59 Reconclllation of funds: Totcil t'unds brought torw'ard 562 ?40.81 75.9?8.28 638.169.09 589.573.50 Appurtionment ot de.signalcd lunds -400,000.00 400,000.00 Total funds carried foni'llrd 171,919.28 400,000.00 160,291.92 732,211.20 638,169.09
BIRMINGHAM ASIAN RESOURCE CEINTRE NOTES TO THE FINANCIAL STATENIENTS FOR THE YEAR ENDED 31 Marcli 2024 Recommended categories by activity Unrestricted fund5 Restricted income funds Total Funds 2024 Total Funds 2023 Notes Fixed assets T(Ingiible assets 7,55? 85 7.55?.85 8,496.85 Total fixed assets 7,552.85 7,552.85 8,496.85 Current assets Debtors 25,419.00 1,000.00 26,419.00 26,419.00 Cash at bank and in hand 535,5?0.64 210,426.25 745,946.89 637,017.39 Total current assets 560,939.64 211,426.25 772,365.89 663,436.39 CrLditors.' amounts talling diie within one year 10 ?? ?8¥.54 22,288.54 8,345.15 Net current assetsl(liabilities) 560.939.64 189,137.71 750,077.35 654,091.24 Total assets loss current liabilities 568,492.49 189,137.71 757,630.20 663,588.09 Provisions t'or liabilities (?5,419.00) {?5,419.00} (25,419.00) Total net assets or 593,911.49 189,137.71 783,049.20 689,007.09 Funds of the Charih, Unr¥striLILd funds 577,?04.5? 577 ?04.5? 562,240.81 Restricted income tunds 140,553.14 140.55.1.14 75,9?8.28 Endoivmeiit fui)d8 Total funds 577,204.52 140,553.14 717,757.66 638,169.09 ThL financial stat¥m¥nts iviri approi'cd by the Board on ?3-Dec-?0?4 and signcd on its b¢half by: Mr Mulianunad ImtiOU5 Sheikh Trustee
BIRMINGHAM ASIAN RESOURCE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024 NOTES TO THE FINANCIAL STATENIENTS l Accounting Policies l. l 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 I 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 statemenls 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 expend iture 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.
BERfvIINGHAM ASIAN RESOURCE CENTRE NOTES TO THE FINANCIAL sTATEIENTs FOR THE YEAR ENDED 31 MarcEI 2024 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, 1.2 Basis of preparation 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 I 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 statemenls have been prepared under the historical cost convention. .3 Going concern The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts, 2 Income from Donations and Legacies Unrestricted funds Restricted income funds Total funds 2024 Total funds 2023 Analvsis Gcncral gyraiits pr()vidLd by Govemmendoiher charitie 4,980.00 I I17.593.00 192,573.00 151,756.50 4,980.00 187,593.00 192,573.00 151,7i6.50 3 Income from Ini'estment5 Unrestricted funds Total funds 2024 Total funds 2023 Analjsis Interest income 5.64?.47 5.64?.47 5,642.47 5,64?.47 1.100.81 1,100.81 10
BIRIlllNGHAM ASIAN RESOURCE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 Marcli 2024 4 Expenditure on Charitable Activities Total funds 2024 Total funds 2023 Analysis LLgal/profcssional fccs Staff costs Support Cost 5.796.20 70,762.70 9,197.00 79,959.70 32,787.00 3X,iX3.20 5 Support Costs Total funds 2024 Total funds 2023 Analysls Advertisiniy and niarketing Printing and stationLry Rciii collLClion. propLrty rcpairs and maintenance charges Charity runningF Losls LLgialiProfLssional fLLS ALcounlants fLCS 145.00 426.00 12,344.11 6,944.84 670.00 1,800.00 22J29.95 1,800.00 63,774.01 6 Other Expenditure Unrestricted t'unds Restricted income fund5 Total funds 2024 Total funds 202.1 Analvsis Other Expenditure DepreLialion Chargye for the Year - Fixtures & Fittings 939.71 1.3,747.51 944.01) 944.QO 944.1)0 944.110 9.39. 71 1.88.3.71 34,6L)1.51
BIRMINGHAM ASIANI RESOURCE CENTRE NOTES TO THE FIINANCIAL STATEMENTS FOR THE YEAR ENDED 31 Marcli 2024 7 Tangible Fixed Assets 7.1 Cost or valuation Fixtures & Fittings At 01 April 2023 Additions 2?,861.20 Disposals Revaluiilions Transfers At 31 March 2024 ??,861.20 7.2 Amortisation and impairments Fixtures & Fittings At 01 April 2023 Additions 14,3C)4.35 944.00 Disposals R¥valualions Tran.stcrs At 31 March ?024 15,308.35 7.3 Net book valuL' Fixtures & Fittings At 01 April 20?3 At 31 March ?024 8,496.85 7,552.85 8 Debtors: Amounts falling due ivithin one )'ear Total funds 2024 Total funds 2023 Trc1d¢ debtors Other debtors ?5,419.00 ,o()o.i)o ?6,419.110 25,419.00 i.000.00 26.419.011
BIRMINGHAM ASIAN RESOURCE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024 9 Cash at bank and in hand General Designated Restricted Total funds 2024 Total funds 2023 Designated and reservcs Currcnt account 135,5?0.64 400,000.00 535,520.64 637.017.39 210,426.?5 ?10,4?6.?5 745,946.89 637,017.39 10 Creditors: Amounts falling due within one vear Total funds 2024 Total funds 2023 TradL crLdiiors ALcruals and deferred income Taxation and SOLiiil security Oiher creditors 584.00 6,968.00 11,549.9? 3,1116.6? 72,288.54 5,168.00 3,177.15 8.345.15 13
BIRIMINGHAM ASIAN RESOURCE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024 I I Charity funds I 1.1 Details of material funds held and movement5 during the CURRENT reporting period Fund balances brouRht forivard Gains Expenditure Transfers and losses Fund balances carried forii'ard Income Fund namcs Unrestricted Fund 26,316.81 4,980.00 {3,484.00) 27,812.81 Restricted Fund 7,8?5.24 187,593.00 (98.889.36) 96.528.88 535,9?4.00 535.924.00 Restricted Income t'unds 53,649.50 53,649.50 Total 623,715.55 19? 573.00 (102.373.361 713,915.19 11.2 Details of material funds held and moi'ements during the PREN'IOUS reporting period Fund balances brou&iht fonvard Gains Expenditure Transfers and losses Fund balanccs carried forii'ard Fund names Income Unrestrlctcd Fund ?7,?60.81 (944.00) ?6.316.81 Restricted Fund 1?5,596.50 {117,771.261 7,825.24 535.9?4.00 535.924.110 Restricted income funds 53.649.50 53.649.S Total 589,i73.50 15? 8j7.11 (118.715.261 6?3,715.i5 14
BIRMINGHAM ASIAN RESOURCE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 Marcli 2024 11.3 Transfers betm'een funds This Year Amount Betiveen unrebtrirted ¢ind restricted tunds Between endowment and restricted t.unds Between endow'nienl and iinreslriLted funds Last Year Amount Beliveen unreslriLled and reslriLled tiinds Beiiveen endoii'nienl and reslriLled tunLIs Between endoi¥'nient and iinr¢striil¢d t"Iinds 15