Company No. 5100582 Charity No. 1107386 SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD REPORT AND FINANCIAL STATEMENTS 31st MARCH 2025
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
SMEfHWICK PAKISTANI MUSLIMS ASSOCIATION LTD COMPANY INFORMATION COMPANY NO: 5100582 CHARITY NO. 1107386 REGISTERED OFFICE: Victoria Centre Suffrage Street Smethwick West Midlands B66 3PZ TRUSTEES & DIRECTORS. Mr Abid Hussain Chair Person Mr Amjad Ali Mr Saghir Ahmad Mr Ishtiaq Hussain Mr Mohammed Rouf Mr Ashfaq Ahmed Trustee Treasurer Secretary Trustee Trustee Mr Zahoor Ahmed Mrs Samiya Akhter Trustee Trustee SECRETARY: Mr Ishtiaq Hussain General Secretary ACCOUNTANT: Shabir Nawab & Co Accountants 11 Portland Road Edgbaston Birmingham B16 9HN BANKERS: Barclays Bank Soho Road Branch 351-359 Soho Road West Midlands B219SE
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD TRUSTEES REPORT The directors of the charitable cornpany ('the charity'),who are also its trustees, submit their report and the financial statements of Smethwick Pakistani Muslims Association Limited (SPMA) for the year ended 31 st March 2025. Throughout this report the directors of the charitable company are referred to as the trustees. NAME AND NATURE OF CHARITY The full name of the charity is Smethwick Pakistani Muslims Association Limited, It is a company limited by guarantee, and is a registered charity governed by its Memorandum and Articles of Association. The company was formed on 13th April 2004 and was registered with the Charity Commission of England and Wales. CHARITY TRUSTEES The following trustees have held office during the period: Zahoor Ahmed Amjad Ali Ishtiaq Hussain Samiya Akhter Saghir Ahmad Ashfaq Ahmed Abid Hussain Mohammed Rouf OBJECTIVES AND ACTIVITIES The main aims and objectives of SPMA are as follows: To develop a community based organisation that serves the needs and aspirations of the Pakistani population and the wider community in Sandwell. Establishing an education and training programme. Providing advice and information. Providing a point of reference and access for other groups within Sandwell. The SPMA provides services and activities to the community in the following areas: Education and Training Social Welfare Debt Management & Support Energy Advice Health Development ' Youth Development Promoting well being in the local community,we want people to find help in times of crisis,we also want to support people recovering from problems to work out and implement their own ideas for a better life. Improving the quality of life and well being are not merely about enduring and coping'they involve taking control and enjoying life to the full.This means valuing individuals experience and talents whatever their current circumstances.we want a centre that stimulates active participation.our visitors will give support as well as receive it through self-help groups and mutual volunteering schemes. We want people to be able to seek help in a place that is familiar and unintimidating and does not set seekers apart from the rest of the community.
THWICK PAKIST ANI MUSLIMS ASSOCIATION LTD STEES STATEMENT t and foremost the trustees would like to thank the staff and volunteers for their hard work and nmitment over the past very difficult year. We greatly appreciate the invaluable contribution they have made to our behalf of the Charity we would like to express our thanks to all the donors, both individuals and companies. eir kind contributions are appreciated and their continued support is valued by the Charity. EVIEW OF DEVELOPMENTS has been a very challenging year due to the post pandemic effect and increase in cost of living,but despite this with reful risk and service management, SPMA Ltd has had a productive year under very difficult circumstances. anagement Committee members meet regularly to review the performance of the organisations staff and the rojects that they are running as well as ensuring that the organisation is continuing to be run on a financially secure basis.ln this financial year,SPMA has continued to work towards securing funding for the core costs of the organisation as well as funds for the main activities and services the organisation provides. Further refurbishment has been carried out at Victoria Centre,with some Kvorks still pending.This will enable the centre,to be fully operational offering the following facilities: Providing multi-interest access. Study support classes for young people. Activities for men and women. Sporting activities for all age groups. Centre hire for various functions and business seminars. Healthy Cooking & Healthy Life Style classes. The vision for Victoria Centre is to transform it into a vibrant community hub which will cater for all members of the community and also to hire the centre out for various functions,thus resulting in an additional income stream enabling SPMA to be self sustaining and to further increase its activities and guidance which includes: Welfare Rights. Debt Management Service Energy Support l Advice Housing. Benefits. Support and Advocacy. Translations Service. During 202412025 SPMA Ltd has officially supported 16,952 clients and total income generated through Advice Service was £3,991,759. SPMA Ltd are Authorised and Regulated by the Financial Conduct Authority (FCA) as a consumer credit Firm (629701) , providing a Debt Advice & Management Service to our clients. This financial year the total number of debt cases was 1,875 with a total debt value of £7,353,698.Through SPMA Ltd intervention and advice]support the total value of debt reduced or written off was £3,719,186. (510/0). Although 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 financial hardship and local authority cutbacks,it is very often the voluntary sector which feels the effects.As such SPMA will seek funding from a range of sources including Specialist funding,Trusts and Government sources as well as Contracts with service providers to continue to deliver and improve all aspects of the organisations work.
ETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD USTEES STATEMENT ISK MANAGEMENT ccounting functions are carried out by the Trustees and staff. The Trustees have reviewed the areas of otential risk for the Charity and concluded that there are sufficient controls in place to protect all the urrent fund-making activities. The Trustees will review this issue on an annual basis and, where appropriate ake advice from the accountants. The Trustees meet the accountants each year to discuss their report on nternal financial controls and their recommendations arising from the preparation of accounts. Their ecommendations are adopted. SPMA will give due consideration to issues such as local culture, traditions and the political situation. They will also consider the advice,information and views from local groups which will play an important part in deciding what projects and purposes will most effectively benefit a community and fulfil the Charity's purposes. RESERVES The Trustees consider it prudent that unrestricted funds should be sufficient for the Charity's use. The Trustees have decided that there is a need to maintain unrestricted funds for the following reasons: (a) To provide funds which can be designated to specific projects to enable these projects to be undertaken at short notice and (b) To cover administration and support costs without which the Charity could not function. The Board of Trustees are satisfied that the Charity is in a position to meet all its commitments out of income and that its reserves are sufficient for its purposes. RESULTS The results for the year are set out in the attached accounts. Incoming resources amounted to £137,165 and resources expended amounted to £136,866 generating a profit of £299 (2024:£447) ACCOUNTANTS A resolution to re-appoint Shabir Nawab & Co, as accountants will be put to the members at their 2025 meeting. By Order of the Board of Trustees Mr Abid Hu Chairman saln Mr Saghir A Treasurer ad
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD TRUSTEE'S RESPONSIBILITIES IN THE PREPARATION OF FINANCIAL STATEMENTS Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing those financial statements, the trustees are required to: (a) select suitable accounting policies and then apply them consistently. (b) make Judgements and estimates that are reasonable and prudent" (c) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply wilh the requirements of the Companies Act 2006, They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention 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 accounts for the year ended 31st March 2025 set out on pages 8 to 13, and you consider that the company is exempt from an audit and a report under Section 477 of the Companies Act 2006. In accordance with your instructions, we have compiled these unaudited accounts in prder to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanation supplied to us. SHABIR NAWAB & CO ACCOUNTANTS 11 Portland Road Edgbaston Birmingham B16 9HN Dated: 30th October 2025
AETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD T ATEMENT OF FINANCIAL ACTIVITIES )r the year ended 31 March 2025 . Unrestricted Restricted Funds Funds 2025 2025 Total Funds 2025 Total Funds 2024 NOTE INCOMING RESOURCES Donations receivable Other Income: 111,884 24,921 136,805 137,672 1,325 la Sandwell Council Grant Membership fees 360 360 360 TOTAL INCOMING RESOURCES 112,244 24,921 137,165 139,357 RESOURCES EXPENDED Charitable expenditure: Management and administration Staff costs 21,182 90,763 6,486 18,435 27,668 109,198 30,215 108,695 TOTAL RESOURCES EXPENDED 111,945 24,921 136,866 138,910 NET MOVEMENTS IN FUNDS 299 299. 447 Funds brought forward 61,774 61,774 61,327 Fund balances carried forward at 31st March 2025 62,073 62,073 61,774
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD PROFIT & LOSS ACCOUNT for the year ended 31 March 2025 2025 2024 Income Membership fees 136,805 360 138,997 360 Total Incorne 137,165 139,357 Total Expenditure 136,866 138,910 NET INCOMING I (OUTGOING) RESOURCES FOR THE YEAR 299 447 Total income comprises £24,921 of restrlcted fvnds and £112,244 of unrestricted funds.(2024:£139,357) A detailed analysis of income by source is provided in the Statement of Financial Activities and notes 1-2. Detailed analysis of expenditure is provided in the Ststement of Financial Activities and notes 34. No separate Statement of Total Recognised Gains and Losses has been presented as all such gains and losses have been dealt with In the Statement of Financial Activities. Net incoming resources for the period arise from the charity's continuing operations.
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD BALANCE SHEET as at 31 March 2025 NOTE 2025 2024 FIXED ASSETS 19,494 20,630 CURRENT ASSETS Cash in Hand & at Bank Debtors 58,g49 10,969 53,927 10,969 6a 89,412 85,526 CREDITORS Amounts falling due within one year 27,339 23,752 NET ASSETS 62,073 61,774 INCOME FUNDS Unrestricted funds - surplus 62,073 61,774 NET ASSETS 62,073 61,774 The Trustees are satisfied that the Company is entitled to exemption under Section 477 of the Companies Act 2006 and no members have requested an audit pursuant to Section 476 of the Act.
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD BALANCE SHEET (contlnued) as at 31 March 2025 The Trustees acknowledge their responsibilities for: (i) ensuring that the company keep proper accounting records which comply with Section 386 and 387 of the Companies Act 2006 and (li) preparing accounts which give a true and fair wew of the state of affairs of the Company as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements,so far as applicable to the company. The accounts have been prepared in accordance with the special provision of Part15 of the Companies Act 2006 relating to small companies. Approved by the Board of Trustees on 30th October 2025 A. HUS AIN .AHM 9A
sMEfHWICK PAKISTANI MUSLIMS ASSOCIATION LTD ACCOUNTING POLICIES BASIS OF ACCOUNTING The financial statements have been prepared under the historical cost conventlon and are in accordance with the Companies Act 2006 and follow the recommendations in Accounting and Reporting for Charities Statement of Recommended Practice (SORP 2000) issued in October 2000. The charity has taken advantage of the exemption in Financial Reporting Standard No1 from the requirement to produce a cashflow statement. INCOMING RESOURCES All incoming resources are included in the Statement of Financial Activities when the charitable company is legally entiued to the income and the amount can be quantified with reasonable accuracy. Donations are recognised in full in the year in which they are receivable. Intangible income is treated as unrestricted funds and is included at the value to the charitable company where this can be quantified and a third party is bearing the cost. RESOURCES EXPENDED Resources expended are recognised in the period in which they are incurred. Grants payable are charged in the year when paid to the recipient. All grant offers are conditional. Any amounts not spent by the recipient and repaid to the charitable company are credited to the Statement of Financial Activities when repaid. Managernent and administration comprises costs for the running of the charitable company as an organisation VALUE ADDED TAX Value Added Tax is not recoverable by the charity, and as such all costs met directly by the charitable company are included gross of VAT in the Statement of Financial Activities ACCUMULATED FUNDS The various accumulated funds represent the following: Restricted Funds: These are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. These are funds which can be used in accordance with the charitable objects at the discretion of the trustees. All donations received by the charity to date in the financial statements have been prepared to show these donations as being unrestricted. Investment income has also been shown as unrestricted funds. LEGAL STATUS OF THE CHARITY The charity is a company limited by guarantee and has no share capital. The company members are the trustees and their liability in the event of winding up is limited to £10. Unrestricted Funds: 10
SMETHWICK PAKISTANI MUSLIMS ASSOCIATION LTD NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 1 DONATIONS. 2025 2024 The details of donalions received are as follows: RESTRICTED FUNDS: . The Henry Smith Charity Harborne Parish NHS Black Country B.B.C~ CIN 20,000 4,921 12,502 27,729 3,439 2,420 UNRESTRICTED FUNDS: . Sandwell Consortium S.M.B.C. The Roger & Douglas Turner Charitable Trust s.c.v.o. 31,060 63,293 2,000 7,731 34,089 63,293 2,000 136,805 137,672 la OTHER INCOME:. The Good Trouble 1,325 1,325 2 MEMBERSHIP Fees received 360 384 3 RESOURCES EXPENDED ON MANAGING AND ADMINISTERING THE CHARITY Other administration costs 27,668 34,747 4 STAFF COSTS The average monthly number of persons employed by the charity during the year was: Office and Management Staff costs for above person Wages and salaries Social security & Pension costs 108,499 699 107,997 698 109,198 108,695 There were no employees with emoluments above £50,000. Trustees remuneration: No remuneration was paid to the trustees in the period. 11
METHWICK PAKIST ANI MUSLIMS ASSOCIATION LTD OTES TO THE FINANCIAL STATEMENTS or the year ended 31 March 2025 FIXED ASSETS OFFICE EQUIPMENT COST At 31st March 2024 Additions 2025 2024 75,164 75,164 At 31st March 2025 75,164 75,164 DEPRECIATION At 31st March 2024 Charge for year At 31 st March 2025 53,305 1,229 54,534 1,136 55,670 54,534 Net Book Value At 31st March 2025131st March 2024 19,494 20,630 6 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals and deferred income Other Taxation and Social Security 27,203 136 23,617 135 27,339 23,752 6a DEBTORS I JMA TRUST 10,969 10,969 7 FUNDS MOVEMENT Total Funds 2025 Balance at 01104124 Incomlng Resources Expenditure Total Funds 61,774 137,165 136,866 62,073 8 ANALYSIS OF NET ASSETS BETWEEN FUNDS Total Funds 2025 Unrestrlcted Restrlcted Funds Funds Current Assets Liabilities due within one year 69,918 (27,339) 69,918 (27,339) 42,579 42,579 9 RELATED PARTY TRANSACTIONS There were no related paty transactions during the year 12