Havering Asian Social And Welfare Association Charity No. 1104919
Company No. 04394262
Trustees' Report and Unaudited Accounts For the year ended 31 March 2022
B M Cooper & Co. Limited Chartered Certified Accountants
88 Wood Lane
Dagenham Essex RM9 5SL
Havering Asian Social And Welfare Association Contents
| Pages | |
|---|---|
| Trustees' Annual Report | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Summary Income and Expenditure Account | 7 |
| Balance Sheet | 8 to 9 |
| Notes to the Accounts | 10 to 17 |
| Detailed Statement of Financial Activities | 18 to 19 |
Page 1
Havering Asian Social And Welfare Association Trustees Annual Report
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2022.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 04394262
Charity No. 1104919
Principal Office
Greenfields Kilmartin Way Hornchurch Essex RM12 5NB
Registered Office
Greenfields Kilmartin Way Hornchurch Essex RM12 5NB
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
Ashok Sedha Gurcharan Singh Kooner Gurmit Singh (Resigned 4 August 2021) Mohinder Kaur Namita Tiwari Parminder Singh Sansar Singh Narwal Surinder Sedha Surinder Tiwari
Company Secretary
Sansar Singh Narwal
Accountants
B M Cooper & Co. Limited 88 Wood Lane Dagenham Essex RM9 5SL
Page 2
Havering Asian Social And Welfare Association Trustees Annual Report
Bankers
LLoyds Bank Punjabi National Bank
OBJECTIVES AND ACTIVITIES
The purpose of the charity as set out in its governing document is for the benefit of persons of Indian origin residing in Havering and surrounding areas to advance education, relieve poverty and provide or assist in the provision of facilities for recreation or leisure-time occupation with the object of improving the conditions of life of such persons.
Various activities were carried out in furtherance of these objectives.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
ACHIEVEMENTS AND PERFORMANCE
Effective Representation in Community
HASWA represents itself as an efficient and effective association throughout the community by its services and activities. The regular committee meetings are held for feedbacks, improvements and to look at future plans. HASWA is a member of Havering Compact. HASWA have a strong network with other voluntary organisations in the London Borough of Havering and Redbridge, Barking & Dagenham.
Cultural Awareness
Our cultural events this year had to be cancelled due to COVID 19.
Our cultural events such as Vaisakhi, Teeyian and Diwali celebrations were cancelled due to OMICRON this reporting year. Christmas and Lorhi were celebrated.
HASWA has grown to cater for all sections of the local community in Havering and surrounding boroughs, people of all ages and different backgrounds, with specific emphasis on isolated, disadvantaged and vulnerable individuals. HASWA provides a crucial lifeline to local residents, particularly elderly residents who would otherwise remain isolated and inactive at home.
Furthermore, HASWA’s various activities such as Yoga classes; Dance, Drama & Singing classes, Lunch club and Health Awareness Day have been developed in consultation with the service users and their needs. HASWA projects enable active citizenship and engagement and provide a crucial lifeline to local residents, particularly the isolated, vulnerable elderly Asian and wider community who would otherwise remain isolated and inactive at home. HASWA projects have helped with language skills, made people confident about speaking up, workshops and briefings have enabled our clients to understand choices, options and how to access other services. To conclude it is clear that HASWA’s projects have improved the wellbeing and quality of life of our members and the wider community and helped to reduced public costs.
HASWA is proud of what has been achieved in the community so far and will continue to engage with more of the Asian and wider communities by providing targeted services for all ages and programmes of cultural events for the wider community to improve community cohesion.
Page 3
Havering Asian Social And Welfare Association Trustees Annual Report
Future planning
The future plan of HASWA is to make our work more effective by sustaining our current activities and continue to build on its success and expand its reach to the needs of the community. HASWA will revise activities and events annually with the changing time and requirements. We are increasing our networking with the local authorities, voluntary and community groups with a view to stop duplication of services and provide unique, required services for the growing Asian community. The need for the HASWA community centre has proven to be a valuable asset to the Asian and wider community.
FINANCIAL REVIEW
The total incoming resources for the year amounted to £125,325 (2021 - £136,756) and the total resources expended amounted to £109,614 (2021 - £91,874) leaving net surplus for the year of £15,711 (2021 - £44,882). The balance of fund as at 31st March 2022 was £259,209 (2021 - £243,498).
The trustees have resolved to establish reserves to provide for building funds, and to provide funding for the expected expenditure for six months ahead in the sum of £150,000.
The policy on reserves is that the existing assets are retained to produce income which is wholly utilised to support existing activities. There is no intention in the long term to either increase or reduce the capital significantly from £55,000. This policy is justified in that it is necessary to preserve income at the present levels in order to maintain the activities of the charity.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The organisation is charitable company limited by guarantee, incorporated on 14th March 2002 and registered as a charity on 15th July 2004. The company was established under a Memorandum of Association dated 14th March 2002 which established the objects and powers of the charitable company and is governed under its Articles of Association as amended by a special resolution dated 29th April 2007.
Eligibility for membership of the charity, and membership of the board of trustees is governed by the Memorandum and Articles of Association. There are no restrictions in the governing document on the operation of the charity or on its investment powers, other than those imposed by general charity law.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
..................................................................... Sansar Singh Narwal Company Secretary
16 June 2022
Page 4
Havering Asian Social And Welfare Association Independent Examiners Report Independent Examiner's Report to the trustees of Havering Asian Social And Welfare Association
I report to the charity trustees on my examination of the accounts of Havering Asian Social And Welfare Association for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.
Responsibilities and basis of report
As the trustees of the charity (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 charity 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 can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
-
accounting records were not kept in accordance with section 386 of the 2006 Act ; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements under 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
-
the accounts have not been prepared in accordance with the Charities SORP (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.
................................................
Mr Bolaji Kalejaiye FCCA ACCA B M Cooper & Co. Limited 88 Wood Lane Dagenham Essex RM9 5SL
16 June 2022
Page 5
Havering Asian Social And Welfare Association Statement of Financial Activities For the year ended 31 March 2022
| Unrestricted funds 2022 Notes £ Income and endowments from: Donations and legacies 4 42,597 Investments 5 5,163 Total 47,760 Expenditure on: Charitable activities 6 14,459 Other 7 21,853 Total 36,312 Net gains on investments - Net income 8 11,448 Transfers between funds - Net income before other gains/(losses) 11,448 Other gains and losses Net movement in funds 11,448 Reconciliation of funds: Total funds brought forward 76,440 Total funds carried forward 87,888 |
Unrestricted funds 2022 Notes £ Income and endowments from: Donations and legacies 4 42,597 Investments 5 5,163 Total 47,760 Expenditure on: Charitable activities 6 14,459 Other 7 21,853 Total 36,312 Net gains on investments - Net income 8 11,448 Transfers between funds - Net income before other gains/(losses) 11,448 Other gains and losses Net movement in funds 11,448 Reconciliation of funds: Total funds brought forward 76,440 Total funds carried forward 87,888 |
Restricted funds 2022 £ 77,565 - |
Endowment funds 2022 £ - - |
Total funds 2022 £ 120,162 5,163 |
Total funds 2021 £ 136,068 688 |
|---|---|---|---|---|---|
| 77,565 73,302 - |
- - - |
125,325 87,761 21,853 |
136,756 66,308 25,566 |
||
| 36,312 - |
73,302 - |
- - |
109,614 - |
91,874 - |
|
| 4,263 - |
- - |
15,711 - |
44,882 - |
||
| 11,448 | 4,263 | - | 15,711 | 44,882 | |
| 11,448 76,440 |
4,263 116,217 |
- 50,841 |
15,711 243,498 |
44,882 198,616 |
|
| 87,888 | 120,480 | 50,841 | 259,209 | 243,498 |
Page 6
Havering Asian Social And Welfare Association Summary Income and Expenditure Account For the year ended 31 March 2022
| Income Interest and investment income Gross income for the year Expenditure Depreciation and charges for impairment of fixed assets Total expenditure for the year Net income before tax for the year Net income for the year |
2022 £ 120,162 5,163 125,325 102,309 7,305 109,614 15,711 15,711 |
2021 £ 136,068 688 |
|---|---|---|
| 136,756 | ||
| 83,563 8,311 |
||
| 91,874 | ||
| 44,882 | ||
| 44,882 |
Page 7
Havering Asian Social And Welfare Association Balance Sheet At 31 March 2022 Company No. 04394262
| Notes 2022 £ Fixed assets Tangible assets 10 21,114 21,114 Current assets Cash at bank and in hand 238,991 238,991 Creditors:Amount falling due within one year 11 (896) Net current assets 238,095 Total assets less current liabilities 259,209 Net assets excluding pension asset or liability 259,209 Total net assets 259,209 The funds of the charity Restricted funds 12 Endowment funds 50,841 Restricted income funds 120,480 171,321 Unrestricted funds 12 General funds 87,888 87,888 Reserves 12 Total funds 259,209 |
2021 £ 25,861 |
|---|---|
| 25,861 225,002 |
|
| 225,002 (7,365) |
|
| 217,637 243,498 |
|
| 243,498 | |
| 243,498 | |
| 50,841 116,217 |
|
| 167,058 76,440 |
|
| 76,440 | |
| 243,498 |
Page 8
Havering Asian Social And Welfare Association Balance Sheet
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 March 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 16 June 2022
And signed on its behalf by:
........................................................... .....................................................
Sansar Singh Narwal Trustee
Mr. Gurcharan Singh Kooner Chairperson
.....................................................
Mr. Surinder Tiwari Treasurer
16 June 2022
Page 9
Havering Asian Social And Welfare Association Notes to the Accounts For the year ended 31 March 2022
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 10
Havering Asian Social And Welfare Association Notes to the Accounts Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
-
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold property 5% on cost
Fixtures and fittings 30% on reducing balance
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Page 11
Havering Asian Social And Welfare Association Notes to the Accounts
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are taken into account in arriving at net income/expenditure.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 12
Havering Asian Social And Welfare Association Notes to the Accounts 2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
3 Statement of Financial Activities - prior year
| Income and endowments from: Donations and legacies Investments Total Expenditure on: Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2021 £ 65,645 688 66,333 4,208 25,566 29,774 36,559 36,559 36,559 39,881 76,440 |
Restricted funds 2021 £ 70,423 - 70,423 62,100 - 62,100 8,323 8,323 8,323 107,894 116,217 |
Endowment funds 2021 £ - - - - - - - - - 50,841 50,841 |
Total funds 2021 £ 136,068 688 |
|---|---|---|---|---|
| 136,756 66,308 25,566 |
||||
| 91,874 | ||||
| 44,882 | ||||
| 44,882 | ||||
| 44,882 198,616 |
||||
| 243,498 |
Page 13
Havering Asian Social And Welfare Association Notes to the Accounts
4 Income from donations and legacies
| Admission fee Bollywood Active Bulldog TST Havering Yoga classes fees Donation Fowler Smith Jones Trust Christmas function income Fitness fusion Fundraising Teeyan Membership Reaching Communities Rent receivable Lunch club Miscellaneous groups Lottery fund covid Raft fund grant Grant LBH Veolia grant 5 Income from investments Bank interest receivable |
Unrestricted £ 95 939 5,000 2,584 431 2,000 512 914 395 392 800 - 17,447 2,563 525 - - 8,000 - 42,597 |
Restricted £ - - - - - - - - - - - 77,565 - - - - - - - 77,565 Unrestricted £ 5,163 5,163 |
Total 2022 £ 95 939 5,000 2,584 431 2,000 512 914 395 392 800 77,565 17,447 2,563 525 - - 8,000 - 120,162 Total 2022 £ 5,163 5,163 |
Total 2021 £ - - - 312 - - - 208 - - 200 70,423 2,585 - - 9,710 5,000 20,386 27,244 |
|---|---|---|---|---|
| 136,068 | ||||
| Total 2021 £ 688 |
||||
| 688 |
Page 14
Havering Asian Social And Welfare Association Notes to the Accounts
6 Expenditure on charitable activities
| Unrestricted £ Expenditure on charitable activities Bollywood dancing 630 Yoga expenses 2,550 Bollywood active 105 Volunteer expenses 953 Fitness fusion 950 Wages and salaries - Staff pension - Group activities 417 Lunch club 3,119 Punjabi school expenses 630 Christmas party 514 Governance costs Accountancy fees 900 Consultancy fees 3,020 Insurance 671 14,459 7 Other expenditure Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs 8 Net income before transfers This is stated after charging: Depreciation of owned fixed assets 9 Staff costs No employee received emoluments in excess of £60,000. |
Restricted £ - - - - - 70,240 3,062 - - - - - - - 73,302 Unrestricted £ 13,155 7,305 1,393 21,853 2022 £ 7,305 |
Total 2022 £ 630 2,550 105 953 950 70,240 3,062 417 3,119 630 514 900 3,020 671 87,761 Total 2022 £ 13,155 7,305 1,393 21,853 |
Total 2021 £ - 350 - 2,115 175 58,930 3,170 - - - - 900 - 668 |
|---|---|---|---|
| 66,308 | |||
| Total 2021 £ 16,366 8,311 889 |
|||
| 25,566 | |||
| 2021 £ 8,311 |
Page 15
Havering Asian Social And Welfare Association Notes to the Accounts
10 Tangible fixed assets
| Cost or revaluation At 1 April 2021 Additions At 31 March 2022 Depreciation and impairment At 1 April 2021 Depreciation charge for the year At 31 March 2022 Net book values At 31 March 2022 At 31 March 2021 11 Creditors: amounts falling due within one year Other taxes and social security Other creditors Accruals and deferred income |
Land and buildings £ 48,697 - 48,697 36,627 2,400 39,027 9,670 12,070 2022 £ (88) 84 900 896 |
Fixtures and fittings £ 44,442 2,558 47,000 30,651 4,905 35,556 11,444 13,791 |
Total £ 93,139 2,558 |
|---|---|---|---|
| 95,697 | |||
| 67,278 7,305 |
|||
| 74,583 | |||
| 21,114 | |||
| 25,861 | |||
| 2021 £ 854 84 6,427 |
|||
| 7,365 |
Page 16
Havering Asian Social And Welfare Association Notes to the Accounts 12 Movement in funds
| Restricted funds: Endowment funds: Total Restricted income funds: Total Unrestricted funds: General funds Revaluation Reserves: Total funds 13 Analysis of net assets between funds Fixed assets Net current assets 14 Reconciliation of net debt Cash and cash equivalents Net debt |
At 1 April 2021 50,841 50,841 116,217 116,217 76,440 243,498 |
Incoming resources (including other gains/losses ) £ - - 77,565 77,565 47,760 125,325 At 1 April 2021 £ |
Resources expended £ - - (73,302) (73,302) (36,312) (109,614) Unrestricted funds £ 21,114 238,095 259,209 Cash flows £ |
At 31 March 2022 £ 50,841 |
|---|---|---|---|---|
| 50,841 | ||||
| 120,480 | ||||
| 120,480 | ||||
| 87,888 | ||||
| 259,209 | ||||
| Total £ 21,114 238,095 |
||||
| 259,209 | ||||
| At 31 March 2022 £ |
||||
| 225,002 | 13,989 | 238,991 | ||
| 225,002 225,002 |
13,989 13,989 |
238,991 | ||
| 238,991 |
15 Related party disclosures
Controlling party
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 17
Havering Asian Social And Welfare Association Detailed Statement of Financial Activities For the year ended 31 March 2022
| Income and endowments from: Donations and legacies Admission fee Bollywood Active Bulldog TST Havering Yoga classes fees Donation Fowler Smith Jones Trust Christmas function income Fitness fusion Fundraising Membership Reaching Communities Rent receivable Lunch club Miscellaneous groups Lottery fund covid Raft fund grant Grant LBH Veolia grant Teeyan Investments Bank interest receivable Total income and endowments Expenditure on: Charitable activities Bollywood dancing Yoga expenses Bollywood active Punjabi school expenses Christmas party Group activities Fitness fusion Lunch club Wages and salaries Staff pension Volunteer expenses |
Unrestricted funds 2022 £ 95 939 5,000 2,584 431 2,000 512 914 395 800 - 17,447 2,563 525 - - 8,000 - 392 42,597 5,163 5,163 47,760 630 2,550 105 630 514 417 950 3,119 - - 953 9,868 |
Restricted funds 2022 £ - - - - - - - - - - 77,565 - - - - - - - - 77,565 - - 77,565 - - - - - - - - 70,240 3,062 - 73,302 |
Endowment funds 2022 £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds 2022 £ 95 939 5,000 2,584 431 2,000 512 914 395 800 77,565 17,447 2,563 525 - - 8,000 - 392 120,162 5,163 5,163 125,325 630 2,550 105 630 514 417 950 3,119 70,240 3,062 953 83,170 |
Total funds 2021 £ - - - 312 - - - 208 - 200 70,423 2,585 - - 9,710 5,000 20,386 27,244 - |
|---|---|---|---|---|---|
| 136,068 | |||||
| 688 | |||||
| 688 | |||||
| 136,756 - 350 - - - - 175 - 58,930 3,170 2,115 |
|||||
| 64,740 |
Page 18
Havering Asian Social And Welfare Association Detailed Statement of Financial Activities
Governance costs
| Accountancy fees Consultancy fees Insurance Total of expenditure on charitable activities Premises costs Rent Rates Light, heat and power Premises cleaning Premises repairs and maintenance General administrative costs, including depreciation and amortisation Depreciation of land and buildings Depreciation of Fixtures and fittings Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband Total of expenditure of other costs Total expenditure Net gains on investments Net income Net income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
900 3,020 671 4,591 14,459 5,667 346 2,451 1,111 3,580 13,155 2,400 4,905 170 537 111 33 542 8,698 21,853 36,312 - 11,448 11,448 - 11,448 76,440 87,888 |
- - - - 73,302 - - - - - - - - - - - - - - - 73,302 - 4,263 4,263 - 4,263 116,217 120,480 |
- - - - - - - - - - - - - - - - - - - - - - - - - - 50,841 50,841 |
900 3,020 671 4,591 87,761 5,667 346 2,451 1,111 3,580 13,155 2,400 4,905 170 537 111 33 542 8,698 21,853 109,614 - 15,711 15,711 - 15,711 243,498 259,209 |
900 - 668 |
|---|---|---|---|---|---|
| 1,568 | |||||
| 66,308 3,800 881 1,706 - 9,979 |
|||||
| 16,366 | |||||
| 2,400 5,911 206 - 26 122 535 |
|||||
| 9,200 | |||||
| 25,566 | |||||
| 91,874 - |
|||||
| 44,882 | |||||
| 44,882 - |
|||||
| 44,882 | |||||
| 198,616 | |||||
| 243,498 |
Page 19