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2023-03-31-accounts

ADAB ANNUAL REPORT APRIL 2022- 2023

Trustees' Annual Report & Financial Statements 2023

Contents

  1. Introduction …..………….………...................….3 2. Chair's Foreword ………..………………....….…4 3. Chief Officer's Overview…………….......…….…5 4. Information Advice & Guidance ..........................6 5. Community Services...............................…........7 6. Health & Wellbeing......................…………......…8 7. Mosses Centre ………...……......………….......10 8. Music & Arts ………..………………..................11 10. Learning & Skills .……....................................12 11. Sports & Leisure.............................................13 12. Thanks & Acknowledgement...…..................14 13. Trustees' & Executive Board ……….…....…15-16 Trustees' Report & Financial Statement...17-18 Legal & Administrative Information ….............19 Independent Examiner's Report.................20-21 Statement of Financial Activities……................22 Balance Sheet ………...........……………….... 23 Notes to financial statements......................24-29 Trustees' Statement...................……….........30

Vision

ADAB's vision is to be a fundamental pillar of community development that helps improve the quality of life for all our citizens.

Mission

Striving to serve our community; Improving Lives; Empowering People & Communities; Improving Community Cohesion

www.adab.org.uk e: admin@adab.org.uk | tel: 0161 761 2079 Registered Charity No. 1094722

2

Trustees' Annual Report & Financial Statements 2023

Introduction

ADAB is a vibrant multi-dimensional community support and development organisation. We provide a wide range of life-changing services in a culturally sensitive way to the local community of Bury and surrounding areas.

We assist all communities to enhance and develop their quality of life by helping them to tackle social and economic disadvantage.

Mosses Centre is a shared community resource used extensively by all. ADAB prides itself in the fact that our strength lies in our diversity; promoting diversity and understanding between all sections of the local community. ADAB is a lynch pin for multicultural, interfaith and intergenerational exchange.

We support minority communities (Black Asian and Minority Ethnic) BAME Asylum Seekers, and new emerging communities with services to develop their resilience and enhance their quality of life to become valued UK citizens.

ADAB services to the community include:

www.adab.org.uk e: admin@adab.org.uk | tel: 0161 761 2079 Registered Charity No. 1094722

3

Trustees' Annual Report & Financial Statements 2023

Chair's Overview

As the Chair of ADAB, I am pleased to introduce the Annual Report of the Trustees for the year April 2022-23. We have had a wonderful year in developing services and brining more people into mainstream education and work based opportunities. We believe strongly in the power of community development that can take a long-term to develop and become integrated into a flourishing society. We know that many charities like ours value funding from various organisations to deliver their vital work and that this support can be challenging to secure. We have continued to build a long-term and thoughtful processes that can support our workstream to deliver on our business plan.

We have a clearly articulated our vision which focuses on our core values of respect, humility and trust. We work in a straightforward and transparent way. For example, we seek to make community participation process as straightforward as possible, allowing communities to devote more time to their personal development plans.

We create a simple focus on key outcomes so our member clients and stakeholders are part of the journey and is equally written by them.

.We as an organisation will look to create flexibility in the coming years so we are ready to adapt to changes in the work stream and demands in the community

We do not predetermine funds to our organisation; instead responding to what our business plan and vision leads us to our needs based analysis. We continue to have ambitious plans for the coming year as we seek to increase our work stream and I am excited to see the continued difference which ADAB can make to our clients.

I and my fellow Trustees once again extend our sincere thanks to the C.E.O and his team for their hard work over the previous year and their forward-thinking, flexible and sensitive approach as we move forward with our exciting

Dr Lal Khan

www.adab.org.uk e: admin@adab.org.uk | tel: 0161 761 2079 Registered Charity No. 1094722

4

Trustees' Annual Report & Financial Statements 2023

Chief Executive's Report

It’s been another exciting year at ADAB with Users increasing on each project on last year and a record number of people using the centre for social use. With flexibility and responsiveness being at the heart of our strategy, the Trustees made an increased level of commitment to upgrade the facilities and equally investing and taking into account that fundraising is an essential tool for survival, reflecting the challenging circumstances for ADAB as we wrestle with growing demand and rising costs, while fundraising is being squeezed across the board. Alongside our core work, we also undertook several strategic projects to ensure we continually improve the way we work.

We completely revamped ADAB’s website which, already praised by our users and stakeholders for its clarity and straightforward approach, and we feel it is now even better with every section being clear in accessibility. The new website supports our long-standing work to be transparent and clear and to help users and clients to make their best case for support from the organisation . The refreshed website is also a crucial step in transitioning to a new database behind the scenes, which is currently being implemented and look to complete the transition in the coming year, aiming to deliver improved reporting capabilities while maintaining good records.Towards the end of the financial year, we did a survey to understand their experience of our users, to inform where we can make improvements and to ensure we continue doing the things that our users need and want.

I’d like to finish by thanking the small but very dedicated team of staff at ADAB for their hard work, skill and care and also the Trustees for their insight, thoughtful approach and passion. Now we turn our attention to the year ahead as there is still much to do and we relish the opportunity to strengthen existing projects, partnerships and forge new ones.

Tan Ahmed

www.adab.org.uk e: admin@adab.org.uk | tel: 0161 761 2079 Registered Charity No. 1094722

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Trustees' Annual Report & Financial Statements 2023

Information Advice & Guidance

ADAB is committed to supporting the local community. One way we do this is by providing free Information, Advice & Guidance including signposting to local services. This is by far the most demanded aspect of our services. Many minority communities rely on us for most routine items due to the language barrier.

Last year we had to limit the number of 1-2-1 support sessions that could be provided because of COVID. Nevertheless over 2400 people from the BAME community accessed and used our services. This is extremely time consuming and staff intensive work with some contact taking up to 45 minutes to respond. Our support included issues with debt; housing & council tax; benefits applications; utility companies; schools; immigration; travel and the NHS for health related matters. Significant numbers also come to us to help read letters and write responses or make telephone calls to agencies to overcome the language barrier.

In the last year ADAB assisted :-

344 with assistance on housing

305 fill in forms

257 people with debt advice 278 with jobs applications/CV 267 with Family/Domestic issues 251 with Utilities companies

203 with status & general Immigration & passport

www.adab.org.uk

e: admin@adab.org.uk | tel: 0161 761 2079 Registered Charity No. 1094722

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Trustees' Annual Report & Financial Statements 2023

Community Services

A key aspect of our work in addition to providing direct services is supporting local community groups to bring communities together through social activities. Our assistance is provided in numerous ways that enables these groups to develop and flourish. We do this in several ways by providing :-

The community groups we supported in the last year are:

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www.adab.org.uk
e: admin@adab.org.uk | tel: 0161 761 2079
Registered Charity No. 1094722
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Trustees' Annual Report & Financial Statements 2023

Health & Wellbeing

Our health & wellbeing programme has been exceptional in providing mental health and emotional wellbeing support. We offer three separate age related specialist support. With the support of Pilgrims Trust we have a dedicated provision for young women aged 16 years to 25 years. In addition, we also have an all age provision funded by GMCA

ADAB service is culturally sensitive and available in 4 community languages in addition to English this includes Urdu; Punjabi; Pashto and Arabic. Our 1-2-1 emotional wellbeing and specialist mental support is for people experiencing low to moderate mental health such as anxiety, self-harming, depression. Serving a vital community need, and reducing pressure on NHS services. Dementia is a growing concern that we are addressing with our BAME partners in the community as well as the long term conditions such as heart disease, diabetes, stroke hypertension etc associated with BAME communities. Our work also includes those experiencing domestic abuse, social exclusion or language barriers. During the last year over 1200 people (mostly women) received support from us.

ADAB addresses social factors which can contribute to mental health issues e.g. domestic abuse, poverty, sexual issues and difficult caring responsibilities. These are exacerbated for BAME communities due to inequalities created by services that are not culturally appropriate. Many of our clients have directly faced other issues such as racism, sexual bias and disability.

www.adab.org.uk e: admin@adab.org.uk | tel: 0161 761 2079 Registered Charity No. 1094722

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Trustees' Annual Report & Financial Statements 2023

Mosses Centre

ADAB runs and manages the Mosses Centre, providing a community resource and is our operating base. ADAB Mosses Centre is a vibrant community and business space in the heart of Bury within walking distance of Bury Interchange and the Town Centre.

ADAB provides a wide a range of services and activities at the Centre with over 200 people using one or more of our services/activities daily accessing either group activities and support or individual 1-2-1 support. Its a warm and welcoming venue providing vital services in a culturally sensitive manner and a social and business hub for local people.

Mosses Centre provides Training & Conference facilities at very competitive prices. We offer various training & meeting rooms of different sizes and capacities. All rooms can be set up to individual requirements. Spaces range from those perfect for interviews & conference calls to large workshops & AGM’s. High quality audio-visual equipment and IT facilities and WiFi is available throughout the Centre.

Evenings and weekends are open by prior appointment only.

For private functions and events the Centre facilities are available from 4pm to 11.00pm subject to prior booking, payment and confirmation.

www.adab.org.uk

e: admin@adab.org.uk | tel: 0161 761 2079 Registered Charity No. 1094722

Trustees' Annual Report & Financial Statements 2023

Music & Arts

ADAB supports the South Asian Music & Arts Council (SAMA) to promote and develop South Asian Music, Arts and Culture. This includes supporting artists, providing training and/or educating, organising live entertainment events as well as enabling wider public participation. We enable local communities to celebrate, enjoy and participate in traditional and contemporary South Asian Music arts and culture. This includes performances enjoyed and experienced by local audiences.

Music Arts and Culture are the strongest signifier of community identity and SAMA helps meet the arts and cultural needs of the community through a variety of initiatives. SAMA aims to advance the understanding, use and enjoyment of South Asian Music and culture. We also provide opportunities for mentoring for local artists to develop excellence and promote our culture. We are also working to develop a more diverse audience base.

Training Includes

Artists - We also provide an artist booking service for events; wedding or party e.g Singers, Dhol Players; Bands; Dancers; Comedians etc.

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www.adab.org.uk
e: admin@adab.org.uk | tel: 0161 761 2079
Registered Charity No. 1094722
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Trustees' Annual Report & Financial Statements 2023

Learning & Skills

ADAB's learning provision is designed to enhance and improve people's skills and build confidence thus enhancing their quality of life in all areas. For example:

Employment Courses

Health and well-being

Language Courses

www.adab.org.uk

e: admin@adab.org.uk | tel: 0161 761 2079 Registered Charity No. 1094722 12

Trustees' Annual Report & Financial Statements 2023

Sports & Leisure

ADAB's sport and leisure projects need to be sustainable in the future to broaden their impact on improving community health. The focus is on utilisation of leisure facilities in Bury being of high quality, accessible, affordable and sustainable in the future for the BAME community. ADAB needs to encourage the communities to increase their participation levels especially amongst target groups such as BAME young people as well as the ageing population, which in turn will improve the health and wellbeing of our residents.

Due to budgetary constraints, ADAB needs to identify and prioritise the areas of investment and its longer-term objectives that will drive the expected outcomes. ADAB have five key outcomes planned that we want to achieve.

Physical Wellbeing - Reduce the percentage of BAME people that are physically inactive;

Mental Wellbeing - Improve subjective wellbeing of participants;

Social and community development - Increase levels of social trust in communities;

Economic Development – Value of sport to the Bury economy.

www.adab.org.uk

e: admin@adab.org.uk | tel: 0161 761 2079 Registered Charity No. 1094722

13

Trustees' Annual Report & Financial Statements 2023

Thanks & Acknowledgements Funders & Partners

ADAB is extremely grateful to all our funders, partners and supporters without whom none of our work would be possible.

www.adab.org.uk e: admin@adab.org.uk | tel: 0161 761 2079 Registered Charity No. 1094722 14

Trustees' Annual Report & Financial Statements 2023

ADAB Trustees & Executive Board

Lal Khan Chair

Yasmeen Bukhari Executive Member

Usman Arif Treasurer

Nahid Nasir Executive Member

Mohammed Ishaq Secretary

Ulfat Khan Executive Member

Safina Rashid Staff observer

www.adab.org.uk

e: admin@adab.org.uk | tel: 0161 761 2079 Registered Charity No. 1094722

15

www.adab.org.uk Registered Charity No. 1094722

0161 761 2079

admin@adab.org.uk

Mosses Centre, Edward Street Bury, BL9 0RZ

Charity Registered Number: 1094722

Asian Development Association of Bury

A D A B

Trustees' Report and Financial Statements

for the Year Ended 31 March 2023

ASIAN DEVELOPMENT ASSOCIATION OF BURY

__________

CONTENTS

Page
Legal and Administrative Information 19
Independent Examiner's Report 20
Statement of Financial Activities 22
Statement of Financial Position 23
Notes to the accounts forming part of the financial statements 24
Trustees' Statement on Financial Statements 30

(2022-23)

Page 18

ASIAN DEVELOPMENT ASSOCIATION OF BURY

__________

Legal and Administrative Information

Status

Asian Development Association of Bury (ADAB) is a registered charity and was registered with The Charity Commission as such on 21 November 2002.

Principle Activity

of ADAB is to develop and implement initiatives that will improve and enhance the economic, educational, social, cultural and recreational conditions of the communities residing in the North West of England.

Trustees Dr Lal Khan, Chair Mohammad Ishaq, Vice Chair Usman Arif – Treasurer

Management Officer: Tanveer Ahmed Independent Examiner: S Ali FCCA Bsc(Hons) 22 Regent Street Bury BL9 5AT Registered Office: 7 South Cross Street The Mosses Centre Bury Cecil Street BL9 0RS Bury BL9 0SB Charity Number: 1094722 Bankers: Lloyds Bank CCLA Senator House Blackburn 85 Queen Victoria Street Church Street London BB2 1JQ EW4V 4ET

(2022-23)

Page 19

ASIAN DEVELOPMENT ASSOCIATION OF BURY

__________

Independent Examiner's Report to the Trustees of Asian Development Association of Bury

I report on the accounts of the charity for the year ended 31 March 2023, which are set out on pages 5-13.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the charity for the purposes of charity law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ( the 2011 Act ) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under Company law and is eligible for independent examination, it is my responsibility to:

examine the accounts under section 145 of the 2011 Act;

to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 1993 Act; and to state whether particular matters have come to my attention.

Basis of independent examiner s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees

concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true and fair view, and the report is limited to those matters set out below. This report is made solely to the charity's board of trustees, as a body, in accordance with the General Directions given by the Charity Commission. My examination has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an Independent Examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my examination, for this report, or for the opinions I have formed.

(2022-23)

Page 20

ASIAN DEVELOPMENT ASSOCIATION OF BURY

__________

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 386 of the Companies Act 2006; and

(2) to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities; have not been met; or

(3) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Sarfraz Ali FCCA Bsc(Hons)

22 Regent Street Bury BL9 5AT

Dated 26 January 2024

Signed

(2022-23)

Page 21

ASIAN DEVELOPMENT ASSOCIATION OF BURY

__________

Statement of Financial Activities

for the Year Ended 31 March 2023

Notes
INCOMING RESOURCES
Incoming resources from generated
Funds
Voluntary Income
5.2
Donations
Activities for generating funds
5.3
Investment Income
5.4
Other Incoming Resources
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Charitable Activities
5.6
Support Costs
TOTAL RESOURCES EXPENDED
NET INCOMING/ (OUTGOING)
BEFORE TRANSFERS
TOTAL SURPLUS
Gross transfers between funds
Net Movements in Funds
TOTAL FUNDS AT 1 APRIL 2022
TOTAL FUNDS AT 31 MARCH 2023		 Restricted Unrestricted
Total
Total
Funds
Funds
Funds
Funds
2023
2023
2023
2022
£
£
£
£
220,016
0
220,016
211,169
-
0
0
-
-
29,354
29,354
14,047
-
42,497
42,497
33,985
220,016
71,851
291,867
259,201
-
-
-
-
220,016
71,851
291,867
259,201
210,671
-
210,671
143,891
-
70,160
70,160
63,086
210,671
70,160
280,831
206,977
9,345
1,691
11,036
52,224
11,036
52,224
9,345
1,691
11,036
956,874
967,910

(2022-23)

Page 22

ASIAN DEVELOPMENT ASSOCIATION OF BURY

__________ Statement of Financial Position

As at 31 March 2023

Notes
FIXED ASSETS
Tangible fixed assets
5.8
CURRENT ASSETS
Stocks
3,500
Debtors
5.9
55,100
Cash at bank and in hand
470,668
CREDITORS: amounts falling due within one
Year
5.10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS: amounts falling due after more
than one year
TOTAL ASSETS - LIABILITIES
NET ASSETS
CHARITY FUNDS
Restricted –Fixed Asset Funds
Restricted - Designated Funds
Unrestricted - General Funds		 2023
445,549
529,268
6,907
522,361
967,910
-
967,910
445,549
438,768
83,593
967,910		 3,500
56,451
532,434		 2022
367,224
592,385
2,735
956,874
-
956,874
367,224
517,093
72,557
956,874
589,650

(2022-23)

Page 23

ASIAN DEVELOPMENT ASSOCIATION OF BURY

__________

6. Notes to the Financial Statements

5.1 ACCOUNTING POLICIES

The Board of Trustees (Management Committee) submit their annual report and financial statements for Asian Development Association of Bury (the charity) for the year ended 31 March 2023

Basis of preparation: The financial statements have been prepared under the historic cost convention, and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2005) issued in March 2005 and applicable UK Accounting Standards. Restricted funds are funds, which are to be used in accordance with specific restrictions imposed by the donor or trust deed.

Unrestricted income funds comprise those funds, which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose.

Incoming resources: All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability.

Resources expended: Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Allocation of overhead and support costs: Overhead and support costs have been allocated first between charitable activity and governance. Overhead, and support costs relating to Charitable Activities have been apportioned based on the value of individual projects.

Charitable activities: Costs of charitable activities include those costs which are directly related to the setting up of charitable activities such as tutoring and mentoring costs plus the costs of holding the activities and events.

(2022-23)

Page 24

ASIAN DEVELOPMENT ASSOCIATION OF BURY

__________

Support Costs: Support costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include rent and rates, premises, and administration and support costs.

Tangible fixed assets and depreciation: All assets (or similar class of assets) costing more than £500 are capitalised and valued at historic cost. Depreciation is charged on furniture and equipment, which is written off on a 25% reducing- balance basis over their estimated useful life. Similarly, computer and related equipment are written-off on a straight-line basis over their estimated useful life of three years. Land and Buildings, purchased are held at the cost are not depreciated.

The financial statements do not include a cash flow statement because the charitable charity, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective January 2005).

5.2
VOLUNTERY INCOME **Restricted ** Unrestricted
Funds Funds Total Total
Funds Funds
2023 2022
£ £ £ £
Bury MBC BALC - - - 37,135
British Council - - - 1,160
Arts Council 15,000 - 15,000 -
Workers Education Association 14,978 - 14,978 14,992
NHS England - - - 9,100
National Lottery Funding 52,603 - 52,603 102,322
Greater Manchester Sport - - - 1500
Bury VCFA 11,800 - 11,800 20,700
CJRS - - - 24,260
GMCVO 80,000 - 80,000 -
Lankellychase Foundation 16,125 - 16,125 -
The Pilgrim Trust 29,510 - 29,510 -
TOTAL 220,016 0 220,016 211,169

(2022-23)

Page 25

ASIAN DEVELOPMENT ASSOCIATION OF BURY

__________ __________ __________ __________
Restricted Unrestricted Total
Total
Funds Funds Funds
Funds
2023 2023 2023
2022
£ £ £
£
5.3
ACTIVITIES FOR GENERATING FUNDS
Consultancy Income - 29,354 29,354
14,047
- 29,354 29,354
14,047
5.4
Investment Income
Interest Income
Services Offered
SMP and PAYE NIC allowance		 -
-
-		 765
41,732
-		 -
765
35
41,732
29,950
-
4,000
- 42,497 42,497
33,985

(2022-23)

Page 26

ASIAN DEVELOPMENT ASSOCIATION OF BURY

__________

5.6

ANALYSIS OF EXPENDITURE

Wages and salaries
Employer national insurance
Sessional Work/Projects and events
Consultancy Fees /Expense
Heating and lighting
Telephone and Internet
Insurance
Printing stationary and postage
Water charges
Bank charges
Sundry expenses
Repairs and maintenance
Depreciation
Change in Stock
TOTAL		 Charitable
Support
Total
Activity
Costs
Costs
£
£
£
117,712
20,773
138,485
3,629
1,146
4,775
40,554
-
40,554
33,150
-
33,150
9,341
9,341
18,682
1,989
1,989
3,978
2,664
-
2,664
1,247
1,247
2,494
-
4,004
4,004
-
228
228
385
165
550
0
29,386
29,386
-
1,881
1,881
-
-
210,671
70,160
280,831

STAFF COSTS

----- Start of picture text -----
Staff costs were as follows:
2023 2022
£ £
Gross wages, salaries and benefits in kind 138,485 106,730
Employer’s National Insurance costs 4,775 7,194
143,260 113,924
2023 2022
Average Number of Employees 10 9
----- End of picture text -----

(2022-23)

Page 27

ASIAN DEVELOPMENT ASSOCIATION OF BURY

__________ 5.8 FIXED ASSETS

Cost
At 1 Apr 2022
Additions
Disposals
At 31 Mar 2023
DEPRICIATION
Depreciation
At 1 Apr 2022
Dep'n Charge
Disposals
At 31 Mar 2023
NET BOOK VALUE
At 1 Apr 2022
At 31 Mar 2023		 Land and
Building
Computers,
Fixtures
and Fittings
Investment
s
TOTAL
£
£
£
364,905
51,499
-
416,404
-
5,206
75,000
80,206
-
-
-
364,905
56,705
75,000
496,610
Land and
Building
Computers,
Fixtures
and Fittings
(25% RB)
Investment
s
TOTAL
£
£
£
£
-
49,180
-
49,180
-
1,881
-
1,881
-
-
-
-
51,061
51,061
Land and
Building
Computers,
Fixtures
and Fittings
Investmen
ts
TOTAL
£
£
£
364,905
2,319
-
367,224
364,905
5,644
75,000
445,549

(2022-23)

Page 28

ASIAN DEVELOPMENT ASSOCIATION OF BURY

_______
5.9
CURRENT ASSETS
Due within one year
Stocks
Trade debtors
Other debtors
Prepayments and accrued income
5.10
CURRENT LIABILITIES
Due within one year
Trade creditors
Other creditors
Tax and National Insurance Contributions
Accruals & deferred income
-
Amount falling due after more than
One year		 _______
2023
£
3,500
684
53,691
725
58,600
2023
£
0
0
2,711
4,196
6,907
0		 __
2022
£
3,500
2,660
53,691
100
59,951
2022
£
0
0
2,735
2,735
0

5.11

RELATED PARTIES

There are no transactions with related parties during the financial year ended 31 March 2023, except for Yasmin Bukhari and Dr Usman Arif were reimbursed for the expenses incurred when acquiring goods for Adab's use for the amounts of £100 and £80 respectively.

CORPORATION TAX

The charity is exempt from tax on income and gains falling within S505 of the Income & Corporation Taxes Act 1988 (ICTA 1988) or S256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No Charges have arisen in the charity.

(2022-23)

Page 29

ASIAN DEVELOPMENT ASSOCIATION OF BURY

__________

6. TRUSTEES’ STATEMENT ON FINANCIAL STATEMENTS

Trustees' statements required by Section 249B (4) for the year ended 31 March 2023

In approving these financial statements as trustees of the charity we hereby confirm:

that we acknowledge our responsibilities for:

(1) ensuring that the charity keeps accounting records which comply with Charity Commission

(2) preparing financial statements which give a true and fair view of the state of affairs of the Charity as at the end of the financial year and of its financial statements for the year then ended in accordance with the provisions of the Charities Act relating to financial statements, so far as applicable to the Charity.

The financial statements were approved by the Board and signed on its behalf by:

Dr. Lal Khan Chairman Trustee Dated 26 January 2024

(2022-23)

Page 30