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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 04812799 (England and Wales) REGISTERED CHARITY NUMBER: 1104329

PAKISTAN YOUTH AND COMMUNITY ASSOCIATION (A COMPANY LIMITED BY GUARANTEE)

REPORT AND FINANCIAL STATEMENTS

31[st] MARCH 2022

MSA Accountancy & Business Advisors Business Box 3 Oswin Road Leicester Leicestershire LE3 1HR

Pakistan Youth and Community Association

Contents of the Financial Statements for the Year Ended 31 March 2022

Page
Trustees' Report 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Statement of Financial Position 9 to 10
Notes to the Financial Statements 11 to 23
Detailed Statement of Financial Activities 24 to 25

Pakistan Youth and Community Association

Trustees' Report 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).

REGISTERED NAME & NUMBER

Registered charity name Pakistan Youth and Community Association Charity registration number 1104329 Company registration number 4812799 ADDRESS Registered office Pakistan Centre 58 Earl Howe Street Leicester LE2 0DF

DIRECTORS and TRUSTEES

Pakistan Youth and Community Association have a board of directors; its members are directors for the purpose of company law and trustees for the purposes of charity law.

The following were Directors and Trustees during the year ended 31 March 2022

Chairperson Mr Mohammed Afzaal Vice-Chair Mr Rafique Ahmed Jalees Charity Secretary Mr Syed Tansir Asghar Bukhari Additional Secretary Mrs Aisha Ali (Resigned 31 March 2022) Treasurer Mr Abdul Waheed Bajwa Women's Officer Miss Abeda Adam Youth Officer Mr Mohammed Ayub Welfare Officer Mr Jamil Akhter Board of Directors Members Mr Mohammed Hafeez Mr Morawat Hussain Mr Ghulam Mustafa Malik

Company Secretary

Page 1

Pakistan Youth and Community Association

Trustees' Report for the Year Ended 31 March 2022

AGENTS and ADVISORS

Independent examiner Solicitors Bankers MSA Accountancy & Business Advisors SKR Legal Solicitors Barclays Bank Plc Business Box, 3 Oswin Road 314 Welford Road 68 Evington Road Leicester Leicester Leicester LE3 1HR LE2 6EG LE2 1HJ

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charitable company limited by guarantee, incorporated on 26 June 2003 and registered as a charity on 14 June 2004. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.

Organisational structure

Pakistan Youth and Community Association have a board of directors of 10 members who are directors for the purpose of company law and trustees and board members for the purposes of charity law.

The charity is organised so that the trustees meet regularly to manage its affairs. The board members are responsible for the strategic direction and policy of the Association. The board work as a team with a scheme designated in place to ensure the charity delivers and maintains the services specified.

There is one full time chief executive, who both manages the day to day administration of the charity, and organises fund-raising initiatives. The remaining staff are employed at the centre to carry out various activities of the charity and also assist with fund raising activities.

The charity has a significant number of volunteers who are supported and supervised by the relevant service manager. An annual review of their work is also carried out.

Recruitment and appointment of new trustees

The directors of the company are also charity trustees and board members for the purposes of charity law and are known as members of the Board of Directors under the company's Articles.

All members have to be re-elected every three years at the Annual General Meeting.

New members of the Board must be members of the charity with due consideration taken by existing members of their suitability before being elected.

Trustees/Directors Induction and training

Trustees and board members are recruited locally and appointed at the Annual General Meeting.

As all of the trustees and board members must be members of the charity, they are familiar with the practical work of the charity and its objectives. Each potential trustee/board member is invited to attend a board meeting as an observer. They are then given an induction pack that includes details on:

Role description Code of Practice Annual Report & Accounts Introduction of Board Members Guide to Services History of PYCA List of forthcoming meetings Business Plan Insurance Coverage Policies and Procedures Organisational Chart Declaration of Commitment Declaration of Commitment

Page 2

Pakistan Youth and Community Association

Trustees' Report for the Year Ended 31 March 2022

What the Trustees Do

In addition to attending quarterly Board meetings to undertake the governance of the organisation, individual trustees during the past year have:

Risk Management

The board of directors is aware of the significant risks to the future funding of the Charity and review the situation at every board meeting. Appropriate plans to deal with this are in place and are continually monitored. Procedures are also in place to monitor the health and safety of all of the Charity's staff members and visitors to the centre.

OBJECTIVES AND ACTIVITIES

Objectives and aims

"To assist members of the Pakistani and other minority ethnic individuals to develop themselves, in order to participate in mainstream society."

Summary of objectives and activities

The objectives of the organisation, as set out in its governing document are:

a) To promote the benefit of the Pakistani and the greater community living in Leicester and Leicestershire and neighbourhood (hereinafter referred to as the area of benefit), without distinction of sex or sexual orientation, age or political or religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to:

b) To reduce poverty and deprivation

c) To advance religion

Page 3

Pakistan Youth and Community Association

Trustees' Report for the Year Ended 31 March 2022

OBJECTIVES AND ACTIVITIES

How our activities deliver Public benefit

The main areas of our charitable activity and how we deliver public benefit are through the provision of direct services, information and signposting and raising the profile of Pakistani and other BAME communities living in Leicester and surrounding areas, their issues and concerns.

Our direct services aimed at providing support to individuals to develop themselves, in order to participate in mainstream society.

Pakistan Youth & Community Association (PYCA) runs various projects offering Education & Training, Information, Advice & Guidance (IAG) and Social & Cultural events, information & signposting schemes.

The board of directors have considered the general guidance on public benefit issued by the Charity Commission and has taken due regard to that guidance. The board consider that they are satisfied that the charity's activities do provide a wide public social benefit.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

We provide Educational, cultural, social, advice and support services in an environment tailored to specific cultural and religious needs of our community and where young people and women feel confident, comfortable and are encouraged to become lifelong learners.

While offering much-needed services to the local community, PYCA has successfully furthered community cohesion through its inclusive approach towards members of all cultures and backgrounds.

In order to respond to new and emerging needs identified amongst service users within our local community, PYCA (as an active member of consortium( has successfully been delivering its Positive Communities Programme, which is funded by the UK Community Renewal Fund.

This programme is providing a holistic support package for key target groups. It is offering wrap-around support to help participants move from their current situation (anxiety, disenfranchisement, economic uncertainty) to one that is more positive, and where they have a clear plan mapped out for their future, with new skills, improved self-confidence and access to improved levels of support to help them achieve it.

When necessary, the organisation also offers women-only sessions

The charity is registered with Oxford Cambridge RSA (OCR), National Open College Network (NOCN), Highfield Qualifications and Future Awards & Qualifications.

Page 4

Pakistan Youth and Community Association

Trustees' Report for the Year Ended 31 March 2022

FINANCIAL REVIEW

Financial position

As a result of the increase in overall incoming resources, the charity reported a surplus of £7,830.

Principal funding sources

The charity is a project based organisation and its income depends on a number of successful grant applications and the number of projects running during the financial year.

The main funding sources are:

The charity continues to seek additional funding to keep on offering its much needed support to the local community.

Investment policy

The board have kept reserve funds in interest bearing bank accounts.

Reserves policy

The Board of Directors have examined the charity's requirements for reserves in light of the main risks to the organisation.

The Board will continue to monitor the levels of all reserves and reviews will be made on a regular basis using, where available, the latest budget information.

Easing of the COVID-19 Lockdown

PYCA, like the rest of the country, experienced significant disruption as a result of the Covid-19 outbreak. The pandemic struck in full force during March 2020, affecting the day-to-day delivery of our usual activities and programmes, in a manner that most of us have never witnessed in our lifetimes.

People were forced to stay within their home bubble (immediate family) during the lockdown, and wearing a face mask and social distancing became mandatory. We at PYCA diligently adhered to government guidelines and did everything we could to protect our communities.

PYCA reopened its doors after the lockdown restrictions were lifted, though with fewer services owing to health and safety concerns. The rest of the year was business as usual as the services gradually returned to normal.

Page 5

Pakistan Youth and Community Association

Trustees' Report for the Year Ended 31 March 2022

Going concern

The Board of Directors believe that the measures it has taken during the year will ensure that the charity will continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing these financial statements. Measures being undertaken include:

PLANS FOR FUTURE PERIODS

The charity plans continuing the activities outlined above, in the ensuing years to obtaining satisfactory funding arrangements.

Approved by order of the board of trustees on 24th December 2022 and signed on its behalf by:

.......................................................... .......................................................... Mr M Afzaal - Chairperson Mr Rafique A Jalees - Vice Chair

Page 6

Independent Examiner's Report to the Trustees of Pakistan Youth and Community Association

Independent examiner's report to the trustees of Pakistan Youth and Community Association ('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

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.

Muhammad Shabbir Aslam FCPA

MSA Accountancy & Business Advisors Business Box 3 Oswin Road Leicester Leicestershire LE3 1HR

24 December 2022

Page 7

Pakistan Youth and Community Association

Statement of Financial Activities for the Year Ended 31 March 2022

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Other trading activities
3
Investment income
4
Other income
Total
EXPENDITURE ON
Raising funds
5
Charitable activities
6
Community Learning & Activities Resource
Pakistan Information Advice & Guidance
The National Lottery Community Fund
(Covid-19 Community Support Programme
Positive Communities Programme
Other
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
15
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds

£
13,033
37,990
-
15,820
66,843
5,456
44,912
-
-
-
4,762
55,130
11,713
15,539
27,252
(9,419)
17,833		 Restricted
funds
£
18,975
2
-
-
18,977
-
-
-
4,048
18,812
-
22,860
(3,883)
(15,539)
(19,422)
262,403
242,981		 31.3.22
Total
funds
£
32,008
37,992
-
15,820
85,820
5,456
44,912
-
4,048
18,812
4,762
77,990
7,830
-
7,830
252,984
260,814		 31.3.21
Total
funds
£
88,986
4,250
6
-
93,242
5,615
21,405
1,587
41,200
-
4,762
74,569
18,673
-
18,673
234,311
252,984

The notes form part of these financial statements

Page 8

Pakistan Youth and Community Association

Statement of Financial Position

31 March 2022

Notes
FIXED ASSETS
Tangible assets
12
CURRENT ASSETS
Debtors
13
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
14
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted Restricted
funds
funds

£
£
-
239,170
8,408
12,588
19,136
(8,778)
27,544
3,810
(9,711)
1
17,833
3,811
17,833
242,981
17,833
242,981		 31.3.22
Total
funds
£
239,170
20,996
10,358
31,354
(9,710)
21,644
260,814
260,814
17,833
242,981
260,814		 31.3.21
Total
funds
£
243,219
3,419
53,816
57,235
(47,470)
9,765
252,984
252,984
(9,419)
262,403
252,984

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

The notes form part of these financial statements

Page 9

continued...

Pakistan Youth and Community Association

Statement of Financial Position - continued 31 March 2022

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 24[th] December 2022 and were signed on its behalf by:

.......................................................... .......................................................... Mr M Afzaal - Chairperson Mr Rafique A Jalees - Vice Chair

The notes form part of these financial statements

Page 10

Pakistan Youth and Community Association

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.

Donations

Donations are accounted for in the period of receipt and is analysed between restricted funds and unrestricted funds. Donations received for the general purpose of the charity are included as unrestricted funds. Donations for activities restricted by the wishes of the donors are taken to restricted funds.

Grants

Grant income represents amounts received and receivable from various funders. This income may be subject to clawback in the event that in the opinion of funders, grant monies are used for purposes that are not grant aided.

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.

Freehold property - not provided Fixtures and fittings - 33% on cost

Freehold property is not depreciated as the Trustees are of the opinion that the property has very long useful life and the depreciation charge will therefore be immaterial.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

The funds of The Association have been segregated as follows:

Page 11

continued...

Pakistan Youth and Community Association

Notes to the Financial Statements - continued

for the Year Ended 31 March 2022

1. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds consist of grants and donations, for which the grant making body or the donor has specified the purpose for which the resources can be utilised. Outgoing resources on restricted funds reflect the appropriate expenditure that has been charged to those funds.

Restricted funds are disclosed by activities in the notes to the financial statements.

Unrestricted funds consist of all other income that has not been restricted. They are expendable at the discretion of the Trustees in furtherance of the objects of The Association.

Transfers are made between funds where there is a release of restricted funds to unrestricted funds or charges are made between funds.

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.

Going concern

The organisation's activities are financed to a large extent from funding by various funding bodies. This support is expected to continue into the foreseeable future and as a result the accounts have been prepared on a going concern basis.

2. DONATIONS AND LEGACIES

Unrestricted
funds
£
Grants
8,271
Rates relief
4,762
13,033		 Restricted
funds
£
18,975
-
18,975		 31.3.22
Total
funds
£
27,246
4,762
32,008		 31.3.21
Total
funds
£
84,224
4,762
88,986

Grants received, included in the above, are as follows:

The National Lottery Community Fund (Covid-19 Community Support
Programme)
ENABLE (AEB Contract)
HMRC (Furlough Grant)
LCC (Lockdown VCS Grant)
Positive Communities Programme		 31/3/22
31/3/21
£
£
-
49,751
-
4,703
8,271
19,769
-
10,000
18,975
-
27,246
84,223

Page 12

continued...

Pakistan Youth and Community Association

Notes to the Financial Statements - continued

for the Year Ended 31 March 2022

3. OTHER TRADING ACTIVITIES

Unrestricted
funds
£
Other income
24,615
Miscellaneous income
-
PYCA Learning Programme
13,375
37,990
Other income, includes the following:
ENABLE Programme (AEB Contract)
EFIF Programme (LCC Contract)
4.
INVESTMENT INCOME
Unrestricted
funds
£
Bank interest receivable
-
5.
RAISING FUNDS
Other trading activities
Unrestricted
funds
£
Accreditation and other fees
5,456		 Restricted
funds
£
-
-
2
2
Restricted
funds
£
-
Restricted
funds
£
-		 31.3.22
Total
funds
£
24,615
-
13,377
37,992
31/3/22
£
14,111
10,504
24,615
31.3.22
Total
funds
£
-
31.3.22
Total
funds
£
5,456		 31.3.22
Total
funds
£
24,615
-
13,377
37,992
31/3/22
£
14,111
10,504
24,615
31.3.22
Total
funds
£
-
31.3.22
Total
funds
£
5,456		 31.3.21
Total
funds
£
-
10
4,240
4,250
31/3/21
£
-
-
-
31.3.21
Total
funds
£
6
31.3.21
Total
funds
£
5,615

Page 13

continued...

Pakistan Youth and Community Association

Notes to the Financial Statements - continued

for the Year Ended 31 March 2022

6. CHARITABLE ACTIVITIES COSTS

Community Learning & Activities Resource
The National Lottery Community Fund (Covid-
19 Community Support Programme)
Positive Communities Programme
7.
SUPPORT COSTS
Community Learning & Activities
Resource
The National Lottery Community Fund
(Covid-19 Community Support
Programme
Positive Communities Programme
8.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 Direct
Costs
£
43,163
-
18,088
61,251
 Support
costs (see
note 7)
£
1,749
4,048
724
6,521
31.3.22
£
4,049

Page 14

continued...

Pakistan Youth and Community Association

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

9. TRUSTEES' REMUNERATION AND BENEFITS

Trustees received no remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2011.

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.

10. STAFF COSTS

The average monthly number of employees during the year was as follows:

Administration
Management		 31.3.22
4
1
5		 31.3.21
8
1
9

No employees received emoluments in excess of £60,000.

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Community Learning & Activities Resource
Pakistan Information Advice & Guidance		 Unrestricted Restricted
funds
funds
£
£
14,762
74,224
4,251
(1)
6
-
19,019
74,223
-
5,615
6,169
15,236
-
1,587		 Total
funds
£
88,986
4,250
6
93,242
5,615
21,405
1,587

Page 15

continued...

Pakistan Youth and Community Association

Notes to the Financial Statements - continued

for the Year Ended 31 March 2022

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted
funds
funds
£
£
The National Lottery Community Fund
(Covid-19 Community Support
Programme
-
41,200
Other
4,762
-
Total
10,931
63,638
NET INCOME
8,088
10,585
Transfers between funds
(8,469)
8,469
Net movement in funds
(381)
19,054
RECONCILIATION OF FUNDS
Total funds brought forward
(9,038)
243,349
TOTAL FUNDS CARRIED FORWARD
(9,419)
262,403
12.
TANGIBLE FIXED ASSETS
Fixtures
Freehold
and
property
fittings
£
£
COST
At 1 April 2021 and 31 March 2022
235,000
109,318
DEPRECIATION
At 1 April 2021
-
101,099
Charge for year
-
4,049
At 31 March 2022
-
105,148
NET BOOK VALUE
At 31 March 2022
235,000
4,170
At 31 March 2021
235,000
8,219		 Total
funds
£
41,200
4,762
74,569
18,673
-
18,673
234,311
252,984
Totals
£
344,318
101,099
4,049
105,148
239,170
243,219

Page 16

continued...

Pakistan Youth and Community Association

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Prepayments and accrued income
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Social security and other taxes
Other creditors
Wages control account
Accruals and deferred income
Community Finance		 31.3.22
£
20,996
31.3.22
£
1,570
2,000
-
4,140
2,000
9,710		 31.3.21
£
3,419
31.3.21
£
1,249
1,105
5,542
37,574
2,000
47,470

Included in creditors is a balance of £2,000 (2021: £2,000) in the form of Community Loan received in August 2014 to assist the Charity with its cash flow. This amount will be repaid as and when the charity has the funds to do so and no interest will be charged on this loan. There are no fixed repayment terms.

Page 17

continued...

Pakistan Youth and Community Association

Notes to the Financial Statements - continued

for the Year Ended 31 March 2022

15. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Community Learning and Activities
Resource
Restricted funds
Pakistan Information Advice and
Guidance
The National Lottery Community Fund
Fixed asset fund
PYCA Relief Fund
PYCA's Social Engagement
Programme
Community Learning and Activities
Resource
Positive Communities Programme
TOTAL FUNDS		 At 1.4.21
£
(14,250)
4,831
(9,419)
2,596
4,048
243,219
1,049
6,958
4,533
-
262,403
252,984		 Net
movement
in funds
£
10,757
956
11,713
-
(4,048)
-
-
-
-
165
(3,883)
7,830		 Transfers
between
funds
£
11,006
4,533
15,539
-
4,171
(8,219)
-
(6,958)
(4,533)
-
(15,539)
-		 At
31.3.22
£
7,513
10,320
17,833
2,596
4,171
235,000
1,049
-
-
165
242,981
260,814

Page 18

continued...

Pakistan Youth and Community Association

Notes to the Financial Statements - continued

for the Year Ended 31 March 2022

15. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Community Learning and Activities
Resource
Restricted funds
The National Lottery Community Fund
Positive Communities Programme
TOTAL FUNDS		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
15,820
(5,063)
10,757
51,023
(50,067)
956
66,843
(55,130)
11,713
-
(4,048)
(4,048)
18,977
(18,812)
165
18,977
(22,860)
(3,883)
85,820
(77,990)
7,830

Page 19

continued...

Pakistan Youth and Community Association

Notes to the Financial Statements - continued

for the Year Ended 31 March 2022

15. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Community Learning and Activities
Resource
Restricted funds
Pakistan Information Advice and
Guidance
The National Lottery Community Fund
Fixed asset fund
PYCA Relief Fund
PYCA's Social Engagement
Programme
Community Learning and Activities
Resource
TOTAL FUNDS		 At 1.4.20
£
(24,250)
15,212
(9,038)
342
-
235,000
1,049
6,958
-
243,349
234,311		 Net
movement
in funds
£
3,848
4,240
8,088
(17,735)
8,551
-
-
-
19,769
10,585
18,673		 Transfers
between
funds
£
6,153
(14,622)
(8,469)
19,989
(4,503)
8,219
-
-
(15,236)
8,469
-		 At
31.3.21
£
(14,249)
4,830
(9,419)
2,596
4,048
243,219
1,049
6,958
4,533
262,403
252,984

Page 20

continued...

Pakistan Youth and Community Association

Notes to the Financial Statements - continued

for the Year Ended 31 March 2022

15. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Community Learning and Activities
Resource
Restricted funds
Pakistan Information Advice and
Guidance
The National Lottery Community Fund
Community Learning and Activities
Resource
TOTAL FUNDS		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
14,779
(10,931)
3,848
4,240
-
4,240
19,019
(10,931)
8,088
4,703
22,438)
(17,735)
49,751
(41,200)
8,551
19,769
-
19,769
74,223
(63,638)
10,585
93,242
(74,569)
18,673

Page 21

continued...

Pakistan Youth and Community Association

Notes to the Financial Statements - continued

for the Year Ended 31 March 2022

15. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Community Learning and Activities
Resource
Restricted funds
Pakistan Information Advice and
Guidance
The National Lottery Community Fund
Fixed asset fund

PYCA Relief Fund
PYCA's Social Engagement
Programme
Community Learning and Activities
Resource
Positive Communities Programme
TOTAL FUNDS		 At 1.4.20
£
(24,250)
15,212
(9,038)
342
-
235,000
1,049
6,958
-
-
243,349
234,311		 Net
movement
in funds
£
14,605
5,196
19,801
(17,735)
4,503
-

-
-
19,769
165
6,702
26,503		 Transfers
between
funds
£
17,159
(10,089)
7,070
19,989
(332)
-

-
(6,958)
(19,769)
-
(7,070)
-		 At
31.3.22
£
7,514
10,319
17,833
2,596
4,171
235,000
1,049
-
-
165
242,981
260,814

Page 22

continued...

Pakistan Youth and Community Association

Notes to the Financial Statements - continued for the Year Ended 31 March 2022

15. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Community Learning and Activities
Resource
Restricted funds
Pakistan Information Advice and
Guidance
The National Lottery Community Fund
Community Learning and Activities
Resource
Positive Communities Programme
TOTAL FUNDS		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
30,599
(15,994)
14,605
55,263
(50,067)
5,196
85,862
(66,061)
19,801
4,703
(22,438)
(17,735)
49,751
(45,248)
4,503
19,769
-
19,769
18,977
(18,812)
165
93,200
(86,498)
6,702
179,062
(152,559)
26,503

PYCA Relief Fund relates to balance left from donations collected and expended during 2011 in aid for Pakistan flood victims.

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2022.

Page 23

Pakistan Youth and Community Association

Detailed Statement of Financial Activities for the Year Ended 31 March 2022

31.3.22 31.3.21
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
INCOME AND ENDOWMENTS
Donations and legacies
Grants 8,271 18,975 27,246 84,224
Rates relief 4,762 - 4,762 4,762
13,033 18,975 32,008 88,986
Other trading activities
Other income 24,615 - 24,615 -
Miscellaneous income - - - 10
PYCA Learning Programme 13,375 2 13,377 4,240
37,990 2 37,992 4,250
Investment income
Bank interest receivable - - - 6
Other income
Insurance claim 15,820 - 15,820 -
Total incoming resources 66,843 18,977 85,820 93,242
EXPENDITURE
Other trading activities
Accreditation fees 5,456 - 5,456 5,615
Charitable activities
Wages 32,678 16,203 48,881 40,606
Pensions 1,322 282 1,604 1,602
Rates and water 359 - 359 293
Insurance 2,132 281 2,413 1,590
Light and heat - 522 522 1,382
Sessional wages - - - 310
Management cost - - - 2,942
Equipment expensed 822 - 822 109
Repairs and maintenance 5,403 - 5,403 1,617
Training 276 - 276 270
Printing and publicity - 800 800 4,925
Activities and events 98 - 98 41
Carried forward 43,090 18,088 61,178 55,687

This page does not form part of the statutory financial statements

Page 24

Pakistan Youth and Community Association

Detailed Statement of Financial Activities for the Year Ended 31 March 2022

31.3.22 31.3.21
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Charitable activities
Brought forward 43,090 18,088 61,178 55,687
Canteen and cleaning 73 - 73 -
43,163 18,088 61,251 55,687
Other
Rates 4,762 - 4,762 4,762
Support costs
Other
Telephone 1,587 662 2,249 2,313
Postage and stationery 146 38 184 375
Accountancy fees (540) - (540) 1,440
Legal and professional fees 38 10 48 48
Travel and subsistence 465 - 465 124
TV license fees 53 14 67 157
Fixtures and fittings - 4,048 4,048 4,048
1,749 4,772 6,521 8,505
Total resources expended 55,130 22,860 77,990 74,569
Net income 11,713 (3,883) 7,830 18,673

This page does not form part of the statutory financial statements

Page 25