2023-03-31-accounts

Havering Asian Social And Welfare Association Charity No. 1104919

Company No. 04394262

Trustees' Report and Unaudited Accounts For the year ended 31 March 2023

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 2023.

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 Hardip Narwal Kulvir Kaur Mohinder Kaur Namita Tiwari Parminder Singh Ranjit Narwal 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 has over 24 years of experience in delivering support and services to the people of Havering and surrounding boroughs. Its work is locally recognised as being efficient and effective and that it meets the needs and aspirations of the community it serves.

The Trustee board continues to be representative of the community with several having ‘lived experience’ of the issues encountered by many who seeks HASWA’s help.

Regular committee meetings are held at which feedback from partners and users is discussed, and where appropriate, acted upon especially in respect of future planning. HASWA is also a member of the Havering Compact which is a group of voluntary sector organisations based in Havering that work together to ensure that members of the community are adequately supported and represented.

HASWA works with similar organisations in the London Boroughs of Redbridge and Barking & Dagenham.

Cultural Awareness

Throughout the year, HASWA hosted a number of cultural events such as Lohri, Vaisakhi, Teeyian and Diwali as well as national celebrations/holidays including The Queens Jubilee and Christmas.

Improving the life style of the community

Whilst HASWA is always trying to improve the lifestyle of the community through education, opportunity and empowerment, our various activities and events are tailored to fit the individual’s needs. As such where necessary, HASWA staff are willing and able to provide practical help where required.

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.

Page 3

Havering Asian Social And Welfare Association Trustees Annual Report

FINANCIAL REVIEW

The total incoming resources for the year amounted to £99,462 (2022 - £125,325) and the total resources expended amounted to £104,026 (2022 - £109,614) leaving net deficit for the year of £4,564 (2022 - £15,711 surplus). The balance of fund as at 31st March 2023 was £254,645 (2022 - £259,209).

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

29 May 2023

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 2023 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

29 May 2023

Page 5

Havering Asian Social And Welfare Association Statement of Financial Activities For the year ended 31 March 2023

Notes Income and endowments from: Donations and legacies 4 Investments 5 Total Expenditure on: Charitable activities 6 Other 7 Total Net losses on investments Net (expenditure)/income 8 Transfers between funds Net (expenditure)/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 2023 £ 35,130 3,335	Restricted funds 2023 £ 60,997 -	Total funds 2023 £ 96,127 3,335	Total funds 2022 £ 120,162 5,163
	38,465 26,454 20,556	60,997 56,689 -	99,462 83,143 20,556	125,325 87,761 21,853
	47,010 (327)	56,689 -	103,699 (327)	109,614 -
	(8,872) -	4,308 -	(4,564) -	15,711 -
	(8,872)	4,308	(4,564)	15,711
	(8,872) 259,209	4,308 -	(4,564) 259,209	15,711 243,498
	250,337	4,308	254,645	259,209

Page 6

Havering Asian Social And Welfare Association Balance Sheet At 31 March 2023 Company No. 04394262

Notes 2023 £ Fixed assets Tangible assets 10 15,281 Investments 11 102,911 118,192 Current assets Cash at bank and in hand 137,434 137,434 Creditors:Amount falling due within one year 12 (981) Net current assets 136,453 Total assets less current liabilities 254,645 Net assets excluding pension asset or liability 254,645 Total net assets 254,645 The funds of the charity Restricted funds 13 Restricted income funds 4,308 4,308 Unrestricted funds 13 General funds 250,664 250,664 Reserves 13 Revaluation reserve (327) (327) Total funds 254,645	2022 £ 21,114 -
	21,114 238,991
	238,991 (896)
	238,095 259,209
	259,209
	259,209
	-
	- 259,209
	259,209 -
	-
	259,209

Page 7

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 2023 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 29 May 2023

And signed on its behalf by:

........................................................... ..................................................... Sansar Singh Narwal Mr. Gurcharan Singh Kooner Trustee Chairperson

Sansar Singh Narwal Trustee

.....................................................

Mr. Surinder Tiwari Treasurer

29 May 2023

Page 8

Havering Asian Social And Welfare Association Notes to the Accounts For the year ended 31 March 2023

• 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 9

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 10

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 11

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 2022 £ 42,597 5,163 47,760 14,459 21,853 36,312 11,448 11,448 11,448 76,440 87,888	Restricted funds 2022 £ 77,565 - 77,565 73,302 - 73,302 4,263 4,263 4,263 116,217 120,480	Endowment funds 2022 £ - - - - - - - - - 50,841 50,841	Total funds 2022 £ 120,162 5,163
				125,325 87,761 21,853
				109,614
				15,711
				15,711
				15,711 243,498
				259,209

Page 12

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 Charles French Membership Reaching Communities Rent receivable Lunch club Miscellaneous groups Contribution to Trip and excursions Diwali function Grant LBH Other grants Earthquake Appeal Flow Mercers Trust for London IT Club Sundry Income Vaisakhi	Unrestricted £ 15 1,351 - 3,274 468 - 1,118 1,630 - - 1,000 - 17,595 3,584 325 848 1,753 - - 234 - 13,334 948 48 523 48,048	Restricted £ - - - - - - - - - 1,500 - - - - - - - 14,422 1,500 - 30,241 - - - - 47,663	Total 2023 £ 15 1,351 - 3,274 468 - 1,118 1,630 - 1,500 1,000 - 17,595 3,584 325 848 1,753 14,422 1,500 234 30,241 13,334 948 48 523 95,711	Total 2022 £ 95 939 5,000 2,584 431 2,000 512 914 395 - 800 77,565 17,447 2,563 525 - - 8,000 - - - - - - -
				119,770

5 Income from investments

Income from investments
Bank interest receivable	Unrestricted £ 3,335 3,335	Total 2023 £ 3,335 3,335	Total 2022 £ 5,163
			5,163

Page 13

Havering Asian Social And Welfare Association Notes to the Accounts

6 Expenditure on charitable activities

Expenditure on charitable activities Bollywood dancing Yoga expenses Bollywood active Christmas party Volunteer expenses Punjabi school expenses Queens Jubilee Lunch club Diwali function Turkey earthquake appeal Vaisahki Group activities Wages and salaries Staff pension Function expense Fitness fusion Governance costs Accountancy fees Consultancy fees Insurance 7 Other expenditure Motor and travel costs Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs	Unrestricted £ 1,315 3,381 - 810 - 1,170 8,124 3,448 1,213 234 300 217 - - 33 1,200 900 3,390 719 26,454	Restricted £ - - - - - - - - - - - - 53,625 3,064 - - - - - 56,689 Unrestricted £ 715 12,088 5,833 1,920 20,556	Total 2023 £ 1,315 3,381 - 810 - 1,170 8,124 3,448 1,213 234 300 217 53,625 3,064 33 1,200 900 3,390 719 83,143 Total 2023 £ 715 12,088 5,833 1,920 20,556	Total 2022 £ 630 2,550 105 514 953 630 - 3,119 - - - 417 70,240 3,062 - 950 900 3,020 671
				87,761
				Total 2022 £ - 13,155 7,305 1,393
				21,853

Page 14

Havering Asian Social And Welfare Association Notes to the Accounts 8 Net (expenditure)/income before transfers

2023 2022 This is stated after charging: £ £ Depreciation of owned fixed assets 5,833 7,305

9 Staff costs

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

10 Tangible fixed assets

Cost or revaluation At 1 April 2022 At 31 March 2023 Depreciation and impairment At 1 April 2022 Depreciation charge for the year At 31 March 2023 Net book values At 31 March 2023 At 31 March 2022 11 Investments Cost or revaluation Additions At 31 March 2023 Net book values At 31 March 2023 12 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 39,027 2,400 41,427 7,270 9,670 2023 £ (88) 169 900 981	Fixtures and fittings £ 47,000 47,000 35,556 3,433 38,989 8,011 11,444 Other investments - Unlisted £ 102,911 102,911 102,911	Total £ 95,697
			95,697
			74,583 5,833
			80,416
			15,281
			21,114
			Total £ 102,911
			102,911
			102,911
			2022 £ (88) 84 900
			896

Page 15

Havering Asian Social And Welfare Association Notes to the Accounts 13 Movement in funds

Restricted funds: Restricted income funds: Total Unrestricted funds: General funds Revaluation Reserves: Revaluation fund Total revaluation reserves Total funds	At 1 April 2022 - - 259,209 - - 259,209	Incoming resources (including other gains/losses ) £ 60,997 60,997 38,465 (327) (327) 99,135	Resources expended £ (56,689) (56,689) (47,010) (103,699)	At 31 March 2023 £ 4,308
				4,308
				250,664 (327)
				(327)
				254,645

Purposes and restrictions in relation to the funds: Revaluation reserves Represent the amount by which investments exceed their historical cost.

14 Analysis of net assets between funds

Fixed assets Investments Net current assets Reconciliation of net debt Cash and cash equivalents Net debt	At 1 April 2022 £	Unrestricted funds £ 15,281 102,911 136,453 254,645 Cash flows £	Total £ 15,281 102,911 136,453
			254,645
			At 31 March 2023 £
	238,991	(101,557)	137,434
	238,991 238,991	(101,557) (101,557)	137,434
			137,434

15 Reconciliation of net debt

Page 16

Havering Asian Social And Welfare Association Notes to the Accounts 16 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 2023

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 Charles French Membership Reaching Communities Rent receivable Lunch club Miscellaneous groups Contribution to Trip and excursions Diwali function Grant LBH Other grants Earthquake Appeal Flow Mercers Trust for London IT Club Sundry Income Teeyan Vaisakhi Investments Bank interest receivable Total income and endowments Expenditure on: Charitable activities Bollywood dancing Yoga expenses Bollywood active Punjabi school expenses	Unrestricted funds 2023 £ 15 1,351 - 3,274 468 - 1,118 1,630 - - 1,000 - 17,595 3,584 325 848 1,753 - - 234 - - 948 48 416 523 35,130 3,335 3,335 38,465 1,315 3,381 - 1,170	Restricted funds 2023 £ - - - - - - - - - 1,500 - - - - - - - 14,422 1,500 - 30,241 13,334 - - - - 60,997 - - 60,997 - - - -	Total funds 2023 £ 15 1,351 - 3,274 468 - 1,118 1,630 - 1,500 1,000 - 17,595 3,584 325 848 1,753 14,422 1,500 234 30,241 13,334 948 48 416 523 96,127 3,335 3,335 99,462 1,315 3,381 - 1,170	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

Page 18

Christmas party Group activities Fitness fusion Lunch club Wages and salaries Staff pension Volunteer costs Queens Jubilee Turkey Earthquake Appeal Diwali Function Vaisakhi Function expenses Governance costs Accountancy fees Consultancy fees Insurance Total of expenditure on charitable activities Motor and travel costs Travel and subsistence 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 Equipment expensed Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses Havering Asian Social And Welfare Association Detailed Statement of Financial Activities	810 217 1,200 3,448 - - - 8,124 234 1,213 300 33 21,445 900 3,390 719 5,009 26,454 715 715 4,267 420 4,457 1,387 1,557 12,088 2,400 3,433 204 222 62 745 -	- - - - 53,625 3,064 - - - - - - 56,689 - - - - 56,689 - - - - - - - - - - - - - - -	810 217 1,200 3,448 53,625 3,064 - 8,124 234 1,213 300 33 78,134 900 3,390 719 5,009 83,143 715 715 4,267 420 4,457 1,387 1,557 12,088 2,400 3,433 204 222 62 745 -	514 417 950 3,119 70,240 3,062 953 - - - - -
				83,170
				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

Page 19

Telephone, fax and broadband Total of expenditure of other costs Total expenditure Net gains on investments Net (expenditure)/income Net (expenditure)/income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward Havering Asian Social And Welfare Association Detailed Statement of Financial Activities	687 7,753 20,556 47,010 (327) (8,872) (8,872) - (8,872) 259,209 250,337	- - - 56,689 - 4,308 4,308 - 4,308 - 4,308	687 7,753 20,556 103,699 (327) (4,564) (4,564) - (4,564) 259,209 254,645	542
				8,698
				21,853
				109,614 -
				15,711
				15,711 -
				15,711
				243,498
				259,209

Page 20