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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 05664245 (England and Wales) REGISTERED CHARITY NUMBER: 1114219

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022

FOR

SAATHI HOUSE

CTT Accountancy Ltd Gables House 62 Kenilworth Road Leamington Spa Warwickshire CV32 6JX

SAATHI HOUSE

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022

Page
Chairman's Report 1 to 3
Report of the Trustees 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 12
Detailed Statement of Financial Activities 13 to 14

SAATHI HOUSE

CHAIRMAN'S REPORT FOR THE YEAR ENDED 31ST MARCH 2022

At Saathi House, we strive to address inequalities faced by women, young people, and those from migrant communities; and empower and upskill them to lead independent lives. As an organisation, we have evolved in many ways over the years, setting up a wide range of classes and employing community workers to tackle the needs of local women and developing youth work. As we continue our journey with the people of Birmingham and beyond, our aim is to look forward to a future where the underrepresented but skilled and talented residents of the city are the leaders of tomorrow.

Charity/ Business aims:

Saathi House was originally established in 1977 in response to the emerging problems of immigration and new arrivals into the Ladywood area of Birmingham. Although no geographical limit is imposed on its activities, the Charity was originally established (as the Saint James Language Project) to address the extramural educational needs of younger members of the growing immigrant communities of Aston, Lozells and Perry Barr.

Saathi House is situated in Aston in the Ladywood constituency of Birmingham (one of the top 10 most deprived constituency nationally) with substantial pockets of multiple deprivation. Worklessness and unemployment are well above the city average with 40% of the population being classed as economically inactive. The percentage of ethnic minority residents is well above the city average. For 40% of the population, English is not their first language. The area has seen major civil unrest in 1981, 1985, 1991, 2005 and more recently 2011.

Saathi House has four core aims and these are the basis of our priorities and action plans

Saathi House was registered as a charity and incorporated as a company limited by guarantee in 2006.

Financial summary:

The charity has recently re-emerged into a more active organisation, increasing its turnover by 3.5 times between 2018 and 2021, with most of that change being realised in 2020/2021 and 2021/22.

There have been significant changes to the trustee body since 2019 and the new trustee group has begun a transformative process to re-establish the charity/business as a key place of welcome, safety and health improvement for local women living in Aston and surrounding areas. There is a renewed sense of direction from the new trustee group.

Overview of programme work in 2021 - 2022.

Saathi House provides services and support targeted towards women, families, and young people.

We support all women and their families, providing a safe place to enable them to grow in confidence, skills and knowledge that provides a basis for improving their quality of life and opportunity. Most of our service users are from Black and Asian communities, also newer migrant communities.

We are a responsive organisation that aims to provide support and services that are required by our user groups. Currently we provide opportunities for engagement via coffee morning, learning groups, sewing classes, cycling and creative arts. Our support always aims to connect people, to other people and to opportunity and access to other services.

We provide workshops in the following areas:

Page 1

SAATHI HOUSE

CHAIRMAN'S REPORT FOR THE YEAR ENDED 31ST MARCH 2022

Our services are free to any service user.

We attract grants from charities and local commissioners including Birmingham City Council, NHS and charitable sources including the National Lottery. We undertake specific projects in line with our mission and priorities. Examples during the last 12 months include food growing, art projects and drama productions. We continually search for new opportunities that support our mission, priorities, service users and target groups, and aim to secure the funding to provide relevant services and support for them.

Our funders are:

Local authorities, Including Birmingham City Council, and NHS This funding is normally secured via a grant agreement to meet a specific need or commission.

Charities; including National Lottery, and other grant making bodies. Normally, Saathi House will apply for funds through a project/work stream that the funder is making available and is wholly consistent with the mission and priorities of Saathi House

Partnerships; Saathi House will be a partner in a project created and led by another organisation. Saathi House could also lead a project that involves other partners.

Businesses: Sponsorship, donations or other agreements with businesses that include payments to Saathi House from businesses sympathetic to the cause and work of Saathi House

Individuals; Donations in cash or kind from supportive individuals.

Our funders are mainly local organisations who wish to support Saathi House because we have reach to people that they find difficult to reach, including Asian women and families. The groups we serve are a high priority for the council and NHS because of poor take up of support and services through their usual standard routes and access points. Aston and surrounding areas in Perry Barr and Ladywood Localities of Birmingham experience high deprivation and are highly diverse populations with serious disadvantage and barriers to support, service and opportunities. These barriers especially negatively impact on women who live in or close to Aston.

Funders recognise that Saathi House has exceptional reach to these local communities and has a successful record in improving their access to services, support, and opportunity.

They choose to work with Saathi House because of our community led approach that has demonstrated impact and reach to otherwise excluded communities since 1997.

Birmingham City Council have supported the work of Saathi House regularly since 1997. We have very good networks with WM police, NHS, and local VCS organisations.

There is strong interest in the work and potential of Saathi House from NHS, City Council and the VCS networks now created to improve access to health services, social care, and early help.

Priorities beyond 2023

The fact that so much has been achieved on very modest resources (six part time members of staff), and during a difficult economic climate for the third sector, is largely down to the Charity's staff and board of trustees, all of whom have worked with dedication and enthusiasm over the past two years to re-establish the Charity as a positive force for change.

The Charity received two-year funding from Reaching Communities and Henry Smith in 2021 to build its infrastructure and that has and is our focus in the months to come; it remains a very small enterprise; and its service offering is still evolving. Nevertheless, the body of knowledge and expertise that the Charity has built up, its sound finances and the growing recognition of its achievements among high level policymakers, all indicate that the Charity can have a major role to play in helping its client communities to flourish in future years.

As well as continuing core activities, our priorities for the coming financial year include:

Page 2

SAATHI HOUSE

CHAIRMAN'S REPORT FOR THE YEAR ENDED 31ST MARCH 2022

Page 3

SAATHI HOUSE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

05664245 (England and Wales)

Registered Charity number

1114219

Registered office

49 Bevington Road Aston Birmingham B6 6HR

Trustees

Mr B Ahmed (resigned 8.3.22) Mrs M Begum Director Mrs S Chowdhry (resigned 8.3.22) Mrs H L Edstrom Mrs C A Lyndon Mr P Mountain Mrs S Mukadam

Company Secretary

Independent Examiner

CTT Accountancy Ltd Gables House 62 Kenilworth Road Leamington Spa Warwickshire CV32 6JX

Approved by order of the board of trustees on 17th January 2023 and signed on its behalf by:

Mrs M Begum - Trustee

Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SAATHI HOUSE

Independent examiner's report to the trustees of Saathi House ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Nicholas Harrison CTT Accountancy Ltd Gables House 62 Kenilworth Road Leamington Spa Warwickshire CV32 6JX

17th January 2023

Page 5

SAATHI HOUSE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Grants
11,950
Investment income
2
3,186
Total
15,136
EXPENDITURE ON
Charitable activities
Grants
(6,532)
Other
58,490
Total
51,958
Net gains/(losses) on investments
(168)
NET INCOME/(EXPENDITURE)
(36,990)
RECONCILIATION OF FUNDS
Total funds brought forward
79,486
TOTAL FUNDS CARRIED FORWARD
42,496		 Restricted
fund
£
128,043
-
128,043
128,043
-
128,043
-
-
-
-		 31.3.22
Total
funds
£
139,993
3,186
143,179
121,511
58,490
180,001
(168)
(36,990)
79,486
42,496		 31.3.21
Total
funds
£
148,205
4,645
152,850
109,910
44,545
154,455
10,498
8,893
70,593
79,486

The notes form part of these financial statements

Page 6

SAATHI HOUSE

BALANCE SHEET 31ST MARCH 2022

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
6
8,250
CURRENT ASSETS
Debtors
7
-
Investments
8
46,549
Cash at bank
-
46,549
CREDITORS
Amounts falling due within one year
9
(12,303)
NET CURRENT ASSETS
34,246
TOTAL ASSETS LESS CURRENT
LIABILITIES
42,496
NET ASSETS
42,496
FUNDS
11
Unrestricted funds
TOTAL FUNDS		 Restricted
fund
£
-
-
-
103,466
103,466
(103,466)
-
-
-		 31.3.22
Total
funds
£
8,250
-
46,549
103,466
150,015
(115,769)
34,246
42,496
42,496
42,496
42,496		 31.3.21
Total
funds
£
8,250
2,271
46,538
100,236
149,045
(77,809)
71,236
79,486
79,486
79,486
79,486

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

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

The financial statements were approved by the Board of Trustees and authorised for issue on 17th January 2023 and were signed on its behalf by:

Mrs M Begum - Trustee

The notes form part of these financial statements

Page 7

SAATHI HOUSE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - not provided

Taxation

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

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds 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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

2. INVESTMENT INCOME

31.3.22 31.3.21
£ £
Rents received 2,481 4,359
Other fixed asset inv - UnFII 705 286
3,186 4,645

continued...

Page 8

SAATHI HOUSE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022

3. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.22 31.3.21
£ £
Hire of plant and machinery - 863

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2021.

Trustees' expenses

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

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Grants
36,295
Investment income
4,645
Total
40,940
EXPENDITURE ON
Charitable activities
Grants
(2,000)
Other
44,545
Total
42,545
Net gains on investments
10,498
NET INCOME
8,893
RECONCILIATION OF FUNDS
Total funds brought forward
70,593
TOTAL FUNDS CARRIED FORWARD
79,486		 Restricted
fund
£
111,910
-
111,910
111,910
-
111,910
-
-
-
-		 Total
funds
£
148,205
4,645
152,850
109,910
44,545
154,455
10,498
8,893
70,593
79,486

continued...

Page 9

SAATHI HOUSE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022

6.
TANGIBLE FIXED ASSETS
COST
At 1st April 2021 and 31st March 2022
NET BOOK VALUE
At 31st March 2022
At 31st March 2021
7.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
8.
CURRENT ASSET INVESTMENTS
Listed investments
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 10)
Social security and other taxes
Other creditors
Accruals and deferred income
10.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts		 31.3.22
£
-
31.3.22
£
46,549
31.3.22
£
9,004
530
1,269
104,966
115,769
31.3.22
£
9,004		 Freehold
property
£
8,250
8,250
8,250
31.3.21
£
2,271
31.3.21
£
46,538
31.3.21
£
-
-
2,315
75,494
77,809
31.3.21
£
-

continued...

Page 10

SAATHI HOUSE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022

11. MOVEMENT IN FUNDS

At 1.4.21
£
Unrestricted funds
General fund
79,486
TOTAL FUNDS
79,486
Net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
15,136
(51,958)
Restricted funds
Restricted Fund
128,043
(128,043)
TOTAL FUNDS
143,179
(180,001)
Comparatives for movement in funds
At 1.4.20
£
Unrestricted funds
General fund
70,593
TOTAL FUNDS
70,593
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
40,940
(42,545)
Restricted funds
Restricted Fund
111,910
(111,910)
TOTAL FUNDS
152,850
(154,455)		 Net
movement
At
in funds
31.3.22
£
£
(36,990)
42,496
(36,990)
42,496
Gains and
Movement
losses
in funds
£
£
(168)
(36,990)
-
-
(168)
(36,990)
Net
movement
At
in funds
31.3.21
£
£
8,893
79,486
8,893
79,486
Gains and
Movement
losses
in funds
£
£
10,498
8,893
-
-
10,498
8,893

continued...

Page 11

SAATHI HOUSE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022

11. MOVEMENT IN FUNDS - continued

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

Net
movement At
At 1.4.20 in funds 31.3.22
£ £ £
Unrestricted funds
General fund 70,593 (28,097) 42,496
TOTAL FUNDS 70,593 (28,097) 42,496

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

Unrestricted funds
General fund
Restricted funds
Restricted Fund
TOTAL FUNDS		 Incoming
resources
£
56,076
239,953
296,029		 Resources
expended
£
(94,503)
(239,953)
(334,456)		 Gains and
Movement
losses
in funds
£
£
10,330
(28,097)
-
-
10,330
(28,097)		 Gains and
Movement
losses
in funds
£
£
10,330
(28,097)
-
-
10,330
(28,097)
(28,097)

12. RELATED PARTY DISCLOSURES

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

Page 12

SAATHI HOUSE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2022
31.3.22 31.3.21
£ £
INCOME AND ENDOWMENTS
Investment income
Rents received 2,481 4,359
Other fixed asset inv - UnFII 705 286
3,186 4,645
Charitable activities
Grants 139,993 148,205
Total incoming resources 143,179 152,850
EXPENDITURE
Charitable activities
Project costs 95,800 91,087
Other
Hire of plant and machinery - 863
Equipment hire 616 -
Management charges 526 474
1,142 1,337
Support costs
Management
Advertising 210 405
Consultancy 22,954 13,816
23,164 14,221
Information technology
Repairs and renewals 13,079 13,494
Computer expenses 1,037 5
14,116 13,499
Human resources
Wages 26,691 27,119
Rates and water 154 -
Insurance 1,150 1,715
Light and heat 7,496 2,554
Telephone 897 914
Sundries 358 561
Travelling 54 -
36,800 32,863
Governance costs
Accountancy fees 2,718 948
Carried forward 2,718 948

This page does not form part of the statutory financial statements

Page 13

SAATHI HOUSE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2022
31.3.22 31.3.21
£ £
Governance costs
Brought forward 2,718 948
Legal fees 6,261 500
8,979 1,448
Total resources expended 180,001 154,455
Net expenditure before gains and losses (36,822) (1,605)
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments (168) 10,498
Net (expenditure)/income (36,990) 8,893

This page does not form part of the statutory financial statements

Page 14