Company No. 5100582 Charity No. 1107386 SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD REPORT AND FINANCIAL STATEMENTS 31 st MARCH 2021 'iAJK6DEQ" 1711212021 COMPMIES HOUSE A07
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD CONTENTS PAGE COMPANY INFORMATION TRUSTEES REPORT TRUSTEES STATEMENT TRUSTEES RESPONSIBILITIES ACCOUNTANTS REPORT STATEMENT OF FINANCIAL ACTIVITIES PROFIT & LOSS ACCOUNT BALANCE SHEET ACCOUNTING POLICIES 10 NOTES TO THE ACCOUNTS 11-12
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD COMPANY INFORMATION COMPANY NO.. 5100582 CHARITY NO: 1107386 REGISTERED OFFICE: Victoria Centre Suffrage Street Smethwck West Midlands B66 3PZ TRUSTEES & DIRECTORS.. Mr Amir Afzal Mr Abid Hussain Mr Amjad Ali Mr SaghirAhmad Mr Mohamme(l Araf Mr Ishliaq Hussain Mr Mohammed R(yJf Mr SajKI Rehman Mr ZahrAhMed Miss Samiya Akhter Mr ZahKY Az Chair Person Vice Chair General Seerelary Vice Secretary Treasurer Vice Treasurer Trustee Trustee Trustee Trustee Trustee SECRETARY.. Mr Amjad Ali General Secretary ACCOUNTANT.. Shabir Nawab & Co Accountants 11 Portnd Road Edgbaslon Birmingham B16 9HN BANKERS: Barclays Bank Soho Road Branch 351-359 Soho Road Wesl MKIL4nds B21 9SE
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD TRUSTEES REPORT The directors of the charitable company {Ihe ¢hariWI are also its trustees. submit their report and the financial slalemenls of Srnelhwk Pakistsni Muslims Associalion Lim'rted ISPMA} for the year ended 3151 M2r¢h 2021. Throughout this report the directors of the ¢harrtable Company are referred lo as the trustees. NAME AND NATURE OF CHARITY The full name of the charily is smethck Pakistsni Muslims Assoeialion Limited. It is a company limited by guarantee, and is a registered charity govemed by its Memorandum and Articles of Asscciation. The company was formed on 13th April 2004 and was registered wth the Charity Commission of England and Wales. CHARITY TRUSTEES The following trustees have held office during the period: Zahoor Ahmed Ishliaq Hussain Mohammed Araf Abid Hussain Mohammed Rouf Amjad Ali Amir Afzal Saghir Ahmad Sajid Rehman Zahid knz Samiyz Akhter OBJECTIVES AND ACTIVITIES The main aims and objectives of SPMA are as follows: ' To develop a community based ¢xganisation that serves needs and aspTrtions of the Pakistani population and the wider community in Sandwdl. Establishing an education and trainin9 progTamme. Providing advice and infomialion. ' Providing a point of reference and access for other groups y1n Sandwell. The SPMA provKles SeryeS and activities to the communty w) the folknwng areas.. Education and Training ' Sockal Welfare . Debt Managernent & Support Health Development . Youth Oevelopment Promoting well being in Ihe local community.we want people lo find help in times of crisis,we also want lo support people recovering from problems lo work ¢JJt and implement their own ideas for a better life. Improving the quality ol life and well being are not merety about enduring and coping.'they involve tsking control and enjoying lffe to the fvll.This means valving indNiduals experience and talents whatever their current circumstances.we want a centre that stimulates active participalion.'our visitors will give supwrt as well as receive it through self-help groups and mutual ve4unteering $chemes. We want people to be at4e to seek help in a plaee Ihat is familiar and uninlimidating and does not sel seeker5 apart from the rest of Ihe communty.
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD TRUSTEES ST ATEMENT First and foremost the trustees would h.ke lo thank the staff and volunteers for their hard work and gmmitmenl over the pasl very difficult year. We greatly appreciate the invaluable contribution they have made tg our work. On behalf of Ihe Charity we would like lo express our thanks to all the donors. tKsth individuals and companies. Their kind contributions are appreciated and their continued sUPPOrt is valued by the Charity. REview OF DEVELOPMENTS This year SPMA Ltd has relocated all ser¥eS and actiwties to Victoria Centre. 11 has been a very challenging year due to the pandemic.bul despite Ihis with carefvl risk and semce management SPMA Ltd has had a prcKluctive year under very dIfful1 circumstsnces. Management Committee member5 meet regularty to rewew the perf¢xmance of the organisations staff and the projects that they are running as well as ensuring thal the organisation is ¢ontinuin9 to be run on a finan¢ially secure basis.ln this financi81 year,SPMA has CclinUed lo work towards securing funding lor the core costs of the organisalion as well as funds for the main activities and services the organisatKJn provides. Further refurbishment has been carried out at Victoria centre.wilh some works pending.This will enable the cenlre. post covid restrictions,lo be fully operational offering the follthving faciliknes.. Providing multi-inlerest access. ' Study support classes for young peopk. Activities for men and women. Sporting activities for all age groups. . Centre hire for various functions and business seminars. Healthy C(ioking Classes. The VISI( for ViGloria Centre is lo transform it into a wbranl community hub ¥thich wll cater for all members of the community and also lo hire the centre out for variou5 functions.thus resulting in an additional income stream enabling SPMA to be self sustaining and lo further increase its activit$ and guidance which includes.. Welfare Rights. Debt Management Service Housing. Benef((s. ' Support and Advocacy. Translations ServKe. During 202012021 SPMA Ltd ha$ offKialty supported 5.767 dients and total income generated through Advice Service was £2.184,396. The impact of Cov119 restrICtn5 aTrJ lockdowns has had a s1gnrfI effect on ¢lient numbers as was expected. SPMA Ltd are Authorised and Regulated by the Financial Conduct Authorty IFCA) as a consumer Credit Fim {629701) . prOdIng a Debt Advice & Mana3ement Service to our ¢lFents. This financial year the total number of debt cases was 1.089 with a total debt value of £3,512,780.Through SPMA Ltd inlervenlion and advicelsupport the total value of debt reduced or wriiten off was £2.118.403.160%1. though SPMA have exceeded all targets set by the SLA and have made a huge difference to people's incomes,we are acutely aware that in times of Tinanck81 hardship and local authority cutbacks,il is very often the voluntary sector which feels Ihe effects.As such SPMA will seek funding from a range of sources including Specialist fund1ng,Trusts and Government sources as well as Contracts with service provNJers to conlinue to deliver and improve all aspects of the organisations Wk.
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD TRUSTEES STATEMENT RISK MANAGEMENT Accounting functions are carried OLrt by the Trustees and staff. The Trustees have reviewed the areas of potential risk for the Charity and ¢(Included that there are sufficient controls in pla to protect all the current fund-making activities. The Trustees 11 review this issue on an annual basi5 and. where approwiate lake advice from the accountants. The Tmslees meet the accK)untants each year lo discuss their report on internal financial controls and their t)MmendatIOnS arisry from Ihe preparation of accounts. Their recommendations are adopted. SPMA will give due consideration to issues such as Ic1 cuflure, traditrjns and the wlitical silual#)n. They will also consider the advice,infomation and views from thal groups which will play an important part in deciding what projects and purFrf)ses will most effectively benefit a ujmmunty and fulfil the Charitys purposes. RESERVES The Trustees consmler il prudent that unrestricted funds should be sufficient for the Charivs use. The Trustees have decided that there is a nee(1 lo maintsin unrestricted fvnds for the followng reasons= la} To proVe funds which can be designated to specffic projects lo enable these projects to be undertaken al short notice and Ib} To cover administration and support costs wthwt which Charity ccyjld not function. The Board of Tiustees are satisfied that the Charity is in a position to meet all its commitrnents tyJI of income and that its reserves are sufficient for rts purposes. RESULTS The fesults for the year are set out in the attached accounts. Incoming reSoUrS amounted kn £191,704 and resources expended amounted to £187.778 generating a profit of £3.92612020=.£2285) ACCOUNTANTS A resolution lo re•appoint Shabir Nawab & Co. as accountants wll b8 wl to Ihe members at their 2021 mèeting. By Order of the Board of Trustees Ami Afzal Chairnian Amjad Gèneral Secretary
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD TRUSTEE'S RESPONSIBILITIES IN THE PREPARATION OF FINANCIAL STATEMENTS Company law requires the trustee5 to prepare financial staternent5 for each financial year. whith gNe a true and fair view of the stale of affaits of the company and of Ihe surplus or deficit of the company for that perioJ. In preparing those fina181 slalements. the trustees are required to". (al select suitable aGcounting p)licies and then apY them CCSiS1enty. {bl make judgements and eslimates that are reasonable and prudent: (cl prepare the financial slalemenls on goirKJ concem basis unless it is inappropriate lo presume that the company will continue in business. The Iruslees are responsible for keeping proper aCCntIng records which disc105e with reasonable accuracy al any time the financial position of the company and to enable them to ensure that Ihe financial slalemenls comply with the requirements of the Companies Act 2006_ They are also responsible lor safeguarding the assets of the company and hence taking reasonable steps for the preventn and detection of fraud and other irregularities.
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD ACCOUNTANTS REPORT ON THE UNAUDITED ACCOUNTS TO THE MEMBERS OF SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD As described on the balance sheet you are responsible for the preparation of the account5 for the year ended 31st March 2021 set out on pages 8 10 13. and you ccnsider that company is exernpt from an audjt and report under Section 477 of the Companies Act 20C6. In a¢¢ofd8nce with your instrucb"ons. we have ornpiled Ihese unaudited accounts in order lo assist you to fu11 your ststutory sponSI.1rties. fr the accounting records and information and expianatK)n supplied lo us. SHABIR NAWAB & CO ACCOUNTANTS 11 Portland Road Edgbaslon Birmingham B169HN Dated: 9th December 2021
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD STATEMENT OF FINANCIAL ACTIVITIES for the year •ndod 31 Mar¢h 2021 Unrestrlcted Restrfcted Funds Funds 2021 2021 Totsl Funds 2021 Total Fund¥ 2020 NOTE INCOMING RESOURCES Donations receivae Other In¢ome'. tMRC JRS Granl Sandwell Council Grant Membership fees 81.135 33.961 115.096 158,489 la 43.212 33.0 360 43,212 33.036 360 360 TOTAL INCOMING RESOURCES 157.743 33.961 191,704 158.849 RESOURCES EXPENDED Charitable expenditure: Management and adminislralion Staff costs 89.419 64,398 5.372 28,589 94,791 92.987 68.328 92.806 TOTAL RESOURCES EXPENDED 153.817 33.961 187.778 161.134 NET MOVEMENTS IN FUNDS 3.926 3.926. -2.285 Funds brought forward 51.849 51,849 54.134 Fund balances carrled forward at 31st March 2021 55.775 55.775 51,849
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD PROFIT & LOSS ACCOUNT for the year ended 31 March 2021 2021 2020 Income Membership fees 191,344 360 158,489 360 Total Income 191.704 158.849 Total Expènditure 187.778 161.134 NET INCOMING I (OUTGOING) RESOURCES FOR THE YEAR 3,926 12.2851 Total income ¢omprise$ £33.961 of reslricled funds aThJ £157.743 of unrestricted funds.{2020."£158,8491 A detailed analysis of income by source is provided in the Staiement of Financial Activities and note5 1-2. Detadèd analysis of expendilure is provided in Ihe Statement of Financial Activ.eS and notes 34. No separate Slatemenl of Totsl Recognised Gains and Losses has l)een presènted as all such gains and losses have been dealt wrth in the Statement of Financial Acts'wties. Nel incoming resour¢e$ for the peri¢Jd arise from the tharitY5 continuing operaknons.
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD BALANCE SHEET as at 31 Mah 2021 NOTE 2021 2020 FIXED ASSETS 24.890 19,742 CURRENT ASSETS Cash in Hand & at Bank Debtors 90,828 10.969 25,203 10,969 126,687 55.914 CREDITORS Amounts falling due wilhin one yEar 70.912 4,065 NET ASSETS 55,775 51,849 INCOME FUNDS Unrestricted funds- suwus 55,775 51,849 NET ASSETS 55.775 51.849 The Trustees are satisfied that the Company is entitled lo exemption under Section 477 of the Companies Act 2006 and no members have requesled an audit pursLFant to Section 476 of the Act.
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD BALANCE SHEET Icontlnued) •$ at 31 March 2021 The Trustees ackno%edge their responsknilits for- _ ensuring that the company keep prcper aeeiKJnling records %*hi¢h tompty with Sect1n 386 and 387 of the Companies Act 2006 and preparing acwunl$ give a true and fair vi8w of the Stale of affairs of the Company as at the end of the financial year and of ils proTIt or loss for Ihe financial year in accordance with the requirements of Sections 394 and 395 and which otheiSe compty with the requirements of the Companies Act 20C6 rekiling to financial statements.50 far as applicable lo the company. The accInIS have been prepared in accLYdance with the special provisK)n of Part 15 of the Companies Act 2006 ralIng to small companies. Approved by the Board of Trustees on 9th December 2021 ALI 9A
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD ACCOUNTING POLICIES BASIS OF ACCOUNTING The finaneial sl8lemenls have been prepared under the hist(vical cost convention and are in a¢cordan¢e with the Companies Act 20C6 and follow the recommendatsons in Accounting and Rep(tIng for Charit8 Statement of Recommended Pra¢tti ISORP 2000) issued n Octcthr 20C(I. The Charity has tsken advantage of the exempti in Financial Reporting Standard No 1 from the requremenl to produce a cashflow statement. INCOMING RESOURCES Ail incoming resources are included in the Statement of Financi81 Activrties vthen the charitable company is legally enlilled to the Income and the amount can be quantified wth reasonable aeeuracy. Donation$ are recognised in full in the year in v•hi¢h they are receivat4e. Intangible income is treated as unrestricled funds and is included at the value to the charitable company where thi5 can be quantified and a third party is bearing the cosL RESOURCES EXPENDED Resources expended are recognised in the period in which they are intsjrred. Grants payable are charged in the year when paid to the reci)ienl. All grant offers are conditional. Any amounts not Snt by the recipient and repaid to the charitable company are uedited to the Statement of Financial Aclivrties when repaid. Management and administration comprises $1$ for the running of th8 charitable company as an organisalion VALUE ADDED TAX Value Added Tax is not recoverable by the charity. and as such all CAJ5t5 met directly by the charitsble company are included gross of VAT in the Statement of Financial Activit$. ACCUMULATED FUNDS The variou5 accumulated funds represent the following.. Restricted Funds.. These are funds that can only be used for particular reslricled purposes wthin the objects of the charity. Restriction5 arise when specified by the donor or en funds are raised for partbcular restricted purposes. Unrestricted Funds= These are funds can be used in accordance with Ihe charilable objects at the disuetion of the trustees. All donations received by the (*kanty to date in the financial statements have been prepared to show these donations a5 being unrestricted. Invesknenl income has abo been shown as unrestrrted funds. LEGAL STATUS OF THE CHARITY The charity is a company limited by guarantee and has no share caprtal. The company members are the trustees and their liability in the event of wnding up is limited to £10. 10
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD NOTES TO THE FINANCIAL STATEMENTS For tho year ended 31 March 2021 2021 2020 1 DONATIONS The details of donations received are as follo1. RESTRICTED FUNDS: . The Henry Smith Charity Harborne Parish The Roger & Douglas Turner Chwitsble Trust Wolverhampton Council Sport England 8.8.C- CIN 30.6C(J 31,900 844 2,000 2.750 33.134 8,314 3.302 UNRESTRICTED FUNDS: . Sandwell Consortium S.M.B.C. Centre Hire 13,130 63.293 1.962 12.866 62.772 6.659 115,096 158,489 18 OTHER INCOME:. HMRC JRS Grant Sandwell Council - Grant 43.212 33.036 76.248 2 MEMBERSHIP Fees ced 360 360 3 RESOURCES EXPENDED ON MANAGING AND ADMINISTERING THE CHARI Other administration costs 94.791 68,328 4 STAFF COSTS The average monthly number of persons employed by the charity during the year was.. Offire and Management Staff costs for above person Wages and salaries Social security & Pension Costs 92.409 578 92,225 581 92,987 92.806 There were no empkjyees with emoluments above £SO.Olh). Trustees remuneration.. No remuneralion wa5 paid lo the tTU51ee5 in the peri1.
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTO NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2021 5 FIXED ASSETS OFFICE EQUIPMENT 2021 2020 COST Al 31 st March 2020 Addilions 68.225 6.939 66,419 1,806 Al 31 St Mar¢h 2021 75.164 68,225 DEPRECIATION Al 31 st March 2020 Charge for year 48.483 1.791 46,692 1,791 Al 31st March 2021 50.274 48.483 Net Book Value At 31 sl March 2021131st March 2020 24.89J 19.742 6 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals and defeThed income Other Taxation and Social Seeunty 70.8Crf) 112 3.952 113 70.912 4,065 6a DEBTORS I JMA TRUST 10.969 10,969 7 FUNDS MOVEMENT Total Fund5 2021 Balance at 01104120 Incomlng Resources Expendlture Totsl Funds 51.849 191.704 187.778 55.775 8 ANALYSIS OF NET ASSETS BETWEEN FUNDS Total Funds 2021 Unrestrlcted Funds Restrlcted Funds Current Asset5 Liabilities due within one year 101.797 170.9121 101.797 170.912} JU,B85 30,885 9 RELATED PARTY TRANSACTIONS There were no related party transacti(5 dumg Ihe ye8r 12