Registered Charity No., 1121109 SANDWELL ASIAN DEVELOPMENT ASSOCIATION REPORT OF THE TRUSTEES AND INDEPENDINT EI XAMINER FOR THE YEAR ENDED 31" MARCH 2024 AMCI ASSOCIATES LTD illfo@amci-assoclat￿.Co.llk Registered Charity No.. 1121109 SANDwfi LL ASIAN DEVELOPlVtENT ASSOCIATION Table of Contents Repoit of the Ti'ustees Statement of Trustees responsibilities Independent Examiner's Report Statement of Financial Activities AMCI ASSOCIATLS LTD illfo@amci-associates.eo.ulc Registered Charity No: 1121109 SANDWILL ASIAN DEVELOPMENT ASSOCIATION R￿PoRT OF THLI TRUSTII ES f¢OR THE YEAR EliDED 31StMARCH 2024 The trustees have pleasLire in presenting the charitable company's ￿pOrt aiid finaiicial st statemeiits for the year elided 31 March 2024 which is also pirpared to meet the requiieinents for a Directols Report and Accounts for Conipanies Act pui'poses. The directoi's of Sandwell Asian Development Association Limited ("the chai'itable coinpany") air its ts'iistees foi. the pU￿oSe of charity law and throughout this report al'e collectively referred to as its Irustees. The financial staleinents comply witli the Cliarities Act 2011, the Companies Act 2006, tlie Memoranduni and Articles of Association and Accounting and Reporting by Charities: Statement of Recoininended Pi'actice applicable to chaL'ities preparing their accounts iii accoi'dance with the Financial Repoi'ting Standard applicable in the UK and Republic of Irelaiid (FRS 102). OBJEI CTIVES AND ACTIVITIES The Chai'itable Companies objectives al'e to help educate young people living witliin the ai'ea of benefit (Metropolitan BoroLigh of Sandwell and its suri'ounding ai'ea), pai'ticularly those of Asian oi'igin, thi'ough the provision of leisui'e time activities with paiticiilar emphasis on tlie teaching of amateur non-contact boxing and cricket so as to develop theii. physical and mental capacity that they may gl'ow to full maturity as individuals and membei's of society. The Charitable Conipany's objectives are achieved pi'iiicipally tlirough the I'uiining of a boxing gyni and various activities within the gym. Sandwell Asian Development Association (SADA) ruiis the Alpine gymnasium. At the gymnasium it ruiis fitne.ss, boxercise, ainateur boxing ai)d Inaitial ails classcs. SADA also I'uns a homework club foi. young people. Thi'ough its woi'k it has helped volunteei's gain acciEdited coaching qualifications and helped thcm to become coaches. The woi'k Ihat SADA engages in helps young people fi.om hard-to-reach groups to stay away fiom anti social behavioui. and crime and lead healthy and active lifestyles. The Ti'iistees confirm that they have referred to the guidance contained in the Chai'ity Commission's general guidance on Pliblic benefit when reviewing the Cliai'ity's aims and objectives and in planning future activities. ACHKEI VEMEI NT PERFORMANCE AND FUTURE PLANS In tlie last yeai., SADA has continued to run non-contact boxing, fitness aiid cardio pi'ogiammes for young people aged between I1- 25 years of age. This included supporting ex-offendeis and young people who are NEET (not in education or ti'aiiiing). AMCI ASSOCIATES LTD illfo@amci-a5S0CÈates.co.uk Registered Charity No: 1121109 SANDWELL ASIAN DEVf< LOPMENT ASSOCIATION The oi'ganisation has also i'un paieiit and cliild fitness classes dui'ing the year. Women only fitiiess classes were also aii-anged as many of tliose that Iiave attended would not noimally have attend mixed gymi)asiums due to religious and cultui'al beliefs. Our woi'k has helped young people to stay away from anti-social beliavioui. and criine, We have helped service iisers to impiDve their diets, lead healthy aiid active lifestyles. We will be running similar projects in the next 12 moiiths. FINANCIAL REVIEW The Chai'itable Coinpany genci'ated income from gi'ants and subsidies of £97,370 aiid speiit £85,240 on charitable activities in the year. Reserves policy and risks The ti'ustees feel that the charitable company has sufficient reserves to covei its opel'ating costs foL' appl'oximately 12 months. STRUCTURE GOVERNANCE AND MANACEI MEI IYT Sandwell Asian Developinent Association is a company limited by guarantee and a registei'ed cliai'ity govei'ned by ils Menioi'andum and Aiticles of Association dated 16 Septeinbei. 2006, Tlie coinpany does not have shaiE capital and the liability of eacli meinbei. is limited to £1. th Appointment of trustees, induction and ti"aining New Ti￿SteeS are appointed by invitation to join the Board given tliat they have the necessai'y skills and expeiience to contribute to the Trust's activities and to be able to discharge their obligations as Trustees. The Company secretary is cliarged with keeping Trustees up to date with the requiiements needed to fulfil their iesponsibilities. AMCI ASSOCIATES LTD info@amci-assoeiates.co.uk Registered Ch8rity ND: 1121109 SANDWELL ASIAN DEVELOPMENT ASSOCIATION REFERENCE AND ADMINISTRATIVE INFORMATION istered Charit Number 1121109 istei'ed Office 75 Spi'ingfield Crescent, West B1￿MWiCh, West Midlands, B70 6LW Trustees Mrs Tahira Imi?n Mrs Nazar Bi Mr Bai'kat Hussain ML. Mohammed Zafi'an Inde eiident Examiner AMCI ASSOCIATES LTD 133 Tame Road Witton Bii'iningham B6 7DG AMCI ASSOCIATES LTD info@amci-assoeiAtes.co.uk Registered Charity No- 1121109 SANDWELL ASIAN DEVELOPMENT ASSOCIATION STATEI fvIENT OF TRUSTEI ES RESPONSIBILITIES The trustees ale i'esponsible foi. preparing the Report of the Triistees and tlie financial statements in accoi'dance with applicable law and United Kingdom Accountiiig Staiidai'ds. In pi'eparing financial statements, the triistees are I'equired to.. select suitable accountiiig policies and then apply them consistently) obseive the methods and principles in the Charity SORP. make judgements and estimates that are I'easonable and priident. pt'epai'e the financial statements on the going concern basis unless it is inappropi'iate to piesiiine that the charity will coiitinue in business. The Irustees are I'esponsible foi. keeping proper accounting records whicli disclose with I'easonable accui'acy at any time the finaiicial position of the chai'ity aiid to ciiable them to ensure that the financial statements comply with applicable law and Uniied Kiiigdom Accounting Statidards. The trustees are also responsible for safeguai'ding the assets of the cliarity and hence for taking IEasoiiable steps foi. the PlEvention and detection of fi'aud and other ii'L'egulai'ities. On Bchalf of the Board: T Jmi'an Dated: 26.06.2024 AMCI ASSOCIATES LTD lllfo@amci-a550ciales.co.uk Registered Charity No: 1121109 SANDWEI LL ASIAN DEVELOPMENT ASSOCIATION INDEPENDENT EXAMINER'S REIPORT TO THE TRUSTEES OF SANDWELL ASIAN DEVELOPMEINT ASSOCIATION si I report on the accounts for the year ended 31 March 2024. Res ective res onsibilities of tsustees aDd examiner Tlie charity's ts'iistees are responsible for the preparation of the accounts. The charity's ti'ustees consider that an audit is not i'equired for this year and that an iiidependent examinatioii is requiied. It is my I'esponsibility to: examine the accounts under Section 145 of the Cliai'ities Act 2011 to follow tlie pi'ocedui'es laid down in the General Directions giveii by ihe Chal'ity Coinmission (Iindei. Section 145(5)(b) of the 201 l Act. to State whethei. particiilai. matters have come to my attention Basis of the inde endent examinei s re ort My examination was ca11.ied out in accoidaiice with the Genei'al Dii'ections given by the Charity Commission. An examination includes a I'eview of the accounting recoi'ds Icept by the chai'ity and a compai'ison of tlie accoiints pirsented with those records. It also includes consideration of any unusual items or disclosui'es in the accounts, and seeking explaiiations fi'om you as trustees concei'ning any such niatters. The pi'ocedui'es uiidertaken do not provide all the evidence that would be required in an audit, and consequeiitly no opinion is given as to whether the accounts present a 'ti'ue and fail. view, and the report is limited to those matters set out in the stateinents below. Inde endent examiiier's statement Iii connection with my examination, no matter has come to my attention: whicli gives me reasoiiable causes to believe that, in any material A'espect, the iequii'ements to keep accounting records iii accordance with Section 130 of the 2011 Act. and to prepare accounts which accordance with the accounting recoi'ds and to comply with the accounting requii'emcnts of the 20 I l Act AMCI ASSOCIATES LTD Info@a￿e1-&5sOCiatCs.eO.uk Registered Chai'ity No: 1121109 Have iiot been niet for. oi. 2 - to which, in my opinion, attention should be di?wn in oi'dei. to enable a propel. undei'standing of the accouiits to be IEached. Independent Examinei. AMCI ASSOCIATES LTD 133 Tame Road Witton Bii'mingham B6 7DG 26,06.2024 AMCI ASSOCIATES LTD info@amci-llssociate5.co.uk Registei'ed Charity No: 1121109 SANDWELL ASIAN DEVELOPMENT ASSOCIATION STATEMENT OF FINAIYCIAL ACTIVITIE( S FOR THE YEAR EI NDED 31st MARCH 2024 Unrestricted Restricted Funds ruiids Total Funds INCOMING IIESOURcfi,S Incomin resoiii'ces from Donations and legacies enei'ated fiJi)ds Total Income and endowments 4SOURCES EI XPENDID Cost of enei'atin funds Expenditure on charitable activities Total i'esources expended NET INCOMING RESOURCEI S 33 275) We are thankful for all the organisations that have supported our activities throiighout the yeai.. Unresti'icted fundiiig was obtained fiom the following organisations: The Keith & Joan Mindelson Charitable Trust Sandwell Metiopol itan Borough Coiincil Resti'icted funding was received from the following orgaiiisations: The William Dudley Trust The Patrick Trust Sandwell Metropolitan Borough Council George and Thomas Henry Trust The Edward Cadbury Foundation The Michael Marsh Trust AMCI A&SOCIATES LTD info@Amci-as50Clates.co.uk Registered Charity No: 1121109 The Hargreaves Foundation Saintbury Trust Baren Davenport Foundation Brian Murtagh Charity The Grlmmitt Trust Cole Cha ritable Trust Axis Foundation Birmingham City Council This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities. AMCI ASSOCtATES LTD info@an]ci-a5sociJles.co.uk 10 RegIste￿d number: 05986924 SANDWELL ASIAN DEVELOPMENT ASSOCIATION DIRECTORS. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 AMCI ASSOCIATES LTD SANDWELL ASIAN DEVELOPMENT ASSOCIATION Contents Page Company Informatlon Dlrectors, Report Accountanvs Report Incorne and Expendlture Account Balance Sheet Note5 to the Flnanclal Statements The followlng pages do not form part of the statutory accounts.. Detalled Irbcome and Expendlture Account SANDWELL ASIAN DEVELOPMENT ASSOCIATION Company Information For The Year Ended 31 March 2024 Dlrectors Mr Barkat Hussaln Mr Mohammed Zafran Mrs Nazar Bl Mrs Tahlra Imran Secretary Mrs Tahlra Imran Company Number 05986924 Reulst8r•d Offlc8 75 Sprlngfield Crescent West Bromwlch West Mldland5 B70 6LW A¢eountant• AMCI ASSOCIATES LTO 133 Trme Road Wltton Blmilngham West Mldlands B6 7DG Page I SANDWELL ASIAN DEVELOPMENT ASSOCIATION Company No. 05986924 Directors, Report For The Year Ended 31 March 2024 The dlreciors present thelr report and the flnanclal statements for the year ended 31 March 2024. Dlrectorg The dlrectors who held office durlng the year were as ft¢llows: Mr Barkat Hu5saln Mr Mohammed Zafran Mrs Nazar Bl Mrs Tahlra Imran Statement of Dlrectors, Responslbllltles The dlrectors are responslble for prèparlng the Dlrertors. Report and the flnandal statements In accordance wlth appllcable law and regulatlons. Company law requlres the dlreclors to prepare flnanclal staterDents for each flnanclal year. Under that law the dlrectors have elected to prepare the flnanclel stalements In accordance wlth Unlted Klngdom Generally Accepted Accountlng Practlce Iunlted Kln9dom Accounting Standards and appllcable law). Under company law the dlrectors must not approve the flnanclal staternents unless they are satlsfled that they glve a true and falr vlew of the state of affalrs of the company and of the surplus or deflclt of the company for that perlod. In preparlng the flnanclal statements the dlrectors are reoulred io: & select sult8ble accountlng pollcles and then apply them conslstenttyi make Judgrnpnts and accountlng estlmates that are reasonable and prudent; prepare the flnanclal stalements on the golng concem basls unless It Is Inapproprlate to presume that the company wlll contlnue In buslness. The dlrectors are responslble for keeplng adequate accountlng records that are suffldent to show and explaln the company's transactlons and dlsclose wlth reasonable accuracy at any tlme the flnanclal posltlon of the company and enable them to ensure that the flnanclal statements comply wlth the Companles Act 2006. They are also responslble for safeguardlng the assets of the company and hence for taklng reasonable steps for the preventlon and detectlon of fraud and other Irregularltles. The dlrectors are responslble for the malntenance and Integrlty of the corporate and nnanclal Informatlon Included on the company's webslte. Leglslètlon In the Unlted Klngdom governlng the preparatlon and dlssemlnatlon of flnanclal statements may dlffer from leglslatlon In other Jurlsdlctlons, Small Comp4ny Rul09 Thls report has been prepared In accordance wlth the speclal provlslons relatlng to companles subjett to the small companles reglme wlthln Part 15 of the Companles Act 2006. On behalf of the board Mrs Tahlra Imran Dlrecttsr 2610612024 Page 2 SANDWELL ASIAN DEVELOPMENT ASSOCIATION Accountant's Report For The Year Ended 31 March 2024 Report to the dlrectors on the preparatlon of tho unaudlted statutory a¢¢ounts of SANDWELL ASIAN DEVELOPMENT AssocfATION for the year ended 31 March 2024 To asslst you to fulfil your dutles under the Companies Act 2006, 1 have prepared for your approval the accounts of SANDWELL ASIAN DEVELOPMENT ASSOCIATION whlch comprise the Income and Expenditure Account, the Balance Sheet and the related notes, from the company's accountlng records and from Informatlon and explanatlons you have glven us. As a practlslng member of the Assoclatlon of Chartered Certlfled Accountants, we are SLfbJect to Its ethlcal and other professlonal requlrements whlch are detalled at httP:l/www.accaglobal.com/enlmember/professlonal-standardslrules- 5tandardslacca-rulebook.html. Thls report Is made to the dlrertors of SANDWELL ASIAN DEVELOPMENT ASSOCIATION, as a bodyi In accordance wlth the t*rms of Dur engagemÈnt. Our work has been undertaken solely to prepare for your approval the accounts of SANDWELL ASIAN DEVELOPMENT ASSOCIATION and state those matters that we have agreed to state to the dlrectors of SANDWELL ASIAN DEVELOPMENT ASSOCIATION, as a body. In thls report In accordance wlth the Assoclayon of Chartered Certlfled Accountants a5 detalled at hltp:l/www.accaglobal.com/contenVdamlACCA_Globalffechnlcal/facVtechnlcal-factsheet-163.pdf. To the fullost cxtcnt permltted by law. we do not accept or assume responslbllity to anyone other than SANDWELL ASIAN DEVELOPMENT ASSOCIATION and Its dlrectors a5 a body for our work or for thls report. It Is your duty to ensure that SANDWELL ASIAN DEVELOPMENT ASSOCIATION has kept adequate aecountlng records and to prepare statutory accounts that glve a true and falr vlew of the assets, Ilabllltles, flnanclal posltlon and proflt or105s of SANDWELL ASIAN DEVELOPMENT ASSOCIATLON. You conslder that SANDWELL ASIAN DEVELOPMENT ASSOCIATION Is exempt from the statutory audlt requlrement for the year. We have not been Instructed to carry out an audlt or a revlew of the accounts of SANDWELL ASIAN DEVELOPMENT ASSOCIATION, For thls reason, we have not verlfled the accuracy or completeness of the accountlng records or Infomiatlon and explanatlons you have glven to us and we do not, therefore, express any oplnlon on the nnèndal statements. Slgned .¥A￿￿11 2610612024 AMCI ASSOCIATES LTD 133 Tame Road Wltton Blrmlngham West Mldlands 86 7DG Page 3 SANDWELL ASIAN DEVELOPMENT ASSOCIATION Income and Expendlture Account For The Year Ended 31 March 2024 2024 2023 Notes Admlnlstratlve expenses other operatlng Incorne {85,198} 97,370 (59,886) 61,370 OPERATING SURPLUS Interest payable and slmllar charges 12,172 (43) 1,484 (44) SURPLUS FOR THE FINANCXAL YEAR 12,129 1,440 The notes on pages 6 to 7 form part of these flnantlal Statem￿tS. Page 4 SANDWELL ASIAN DEVELOPMENT ASSOCIATION Balance Sheet As At 31 March 2024 2024 2023 Nrtes FIXED ASSETS Tanglble Assets 17.586 26,388 17,586 26,388 CURRENT ASSErs Debtor5 Cash at bank and In hand 10.585 77,248 8,309 60,200 87.833 68,509 Credltor$: Amounts Falllng Due Withln One Year (1,450) (1,350) NtT CURRENT ASSETS (LIABILITIES) 86,383 67,159 TOTAL ASSETS LESS CURRENT LIABILITIES 103,969 93,547 CredltorB: Amounts Falllng Due After More Thèn One Year (9,583) (11,290) NET ASSETS 94,386 82.257 Income and Expendlture Account 94,386 82,257 MEMBERS. FUNDS 94,386 82,257 For the year endlng 31 March 2024 the company wa5 entitled to exernptlon from audlt under sectlon 477 01 the Companles Act 2006 relatlng to small companles. The members have not requlred the company to obtaln an audlt In accordance wlth sectlon 476 of the Companle5 Act 2006. The dlrettors acknowledge thelr responslbllltles for complylng wlth the requlrements of the Act wlth respect to accountlng records and the prcparatlon of account5. These accounts have been prepared In accordance wlth the provlslons appllcable to companles subjert to the small companles, reglme. On behalf of the board Mrs Tahlra Imran Dlrector 2610612024 The notes on pages 6 to 7 form part of these flnanclal statements. Page 5 SANDWELL ASIAN DEVELOPMENT ASSOCIATION Notes to the Flnancial Statements For The Year Ended 31 March 2024 l. General Xnformatlon SANDWELL ASIAN DEVELOPMENT ASSOCIATION 15 a prlvate companyi Ilmlted by guarantee, Incorporated In England & Wales. reglstered number 05986924, The reglstered office Is 75 Springfield Crescent, West Bmmwich, West Midlands, B70 6LW. 2. Accountlng Pollcleg 2. 1. Basls of Preparatlon of Flnandal Statements The flnanclal statements are prepared under the hlstorical cost convenuon and In accordance wlth thÈ FRS 102 Sectlon IA Small Entitles - The Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland and the Companles Act 2006. 2.2. Golng Concern Dlsclosure The dlrectors have not Identlfled any materlal uncertalntles related to events or condltlons that may cast slgnlflcant doubt ebout the company's ablllty to contlnue as a golng concem, 2,3. Tanglble Flxad Assets and D¢precl3tion Tanglble flxed assets are measured at cost les5 accumulated depreclatlon and any acojmulated Impalrment losses. Depreclatlon Is provlded at tales calculated to wrlte off the cost of the Ilxed assets, less thelr estlmated resldual value, over Ih8lr expected useful Ilves on the followlng bases: Plant & Machlnery FIxtu￿5 & Flttlngs Computer Equlpment 20% io% 20% 2.4. Government Grant Government grants are recognlsed In the Income and expendlture account In an approprfate manner that matche5 them wlth the expendlture towards whlch they are Intended to eontrlbute. Grants for Immedlate Ilnanclal support or to cover costs already Incurred are recognlsed Immedlately In the Income and expendlture account. Grants towards general actlvltle5 of the entlty over a speclflc perlod are recognlsed In the ncome and expenditure accout)t over that perlod. Grants towards flxed assets are recogn15ed over the expected useful Ilves of the related assets and are treated as deferred Income and released to the Income and expendlture account over the useful Ilfe of the asset concerned. All grants In the Income and expendlture account are recognlsed when all condltlons for recelpt have been complled wlth. 3. Average Number of EmployeeB Average number of employees, Includlng dlrectors, durlng the year was: 4 (2023: 4) 4. Tanglblo Asset$ Plant & Machlnery Flxture$ & Flttlngg Computer Equlpment Total Cost As at l Aprll 2023 Addltlon5 5,949 4,897 113.516 6,800 1,476 126,265 6,373 As at 31 March 2024 10,846 113.516 8.276 132,638 Dapreclatlon As at l April 2023 PrDvlded durln9 the perlod As at 31 March 2024 1,189 2,169 96,136 11,351 2,552 1,655 99,877 15,175 3,358 107.487 4,207 115,052 Not Book Value As at 31 March 2024 7,488 6.029 4,069 17,586 As at i Aprtl 2023 4.760 17.380 4,248 26,388 Page 6 SANDWELL ASIAN DEVELOPMENT ASSOCIATION Notes to the Financial Statements (continued) For The Year Ended 31 March 2024 5. Debtors 2024 2023 Due wlthln one year Prepayments and accrued Income other debtors 603 9.982 603 7,706 10,585 8,309 6. Credltors: Amounts Falllng DUÈ Wlthln One Year 2024 2023 other credltors 1,450 1,350 7. Credltom; Amounts Falllng Due After More Than One Year 2024 2023 Bankloons 9.583 11,290 8. Reserve$ Members Funds conslsted as follows: Unrestrlcted Funds: Balance b/fwd at 1st Aprtl ?.023 £49,321 Changes durlng the year £122,2L5). Balance cl￿d at 31st Ma￿h 2024 É16,Q4fi Restrlcted Funds.. Balance blfwd at 1st Aprll 2023 E32,9936 Changes durlng the year £45,404 Balance clfwd at 31st March 2024&Z&,2go Total Funds at 31st March 2024 £21,38 9. Company Ilmlted by guarantee The company Is Ilmlted by guarantee and has no share capltal. Every member of the cornpany undertakes to contrfbute to the assets of the company• In the event ol a wlndlng Upi such an amount as may be requlred not exceedlng £1, Page 7 SANDWELL ASIAN DEVELOPMENT ASSOCIATION Detailed Income and Expenditure Account For The Year Ended 31 March 2024 2024 2023 Admlnlstratlve Expenses Wages and salarles Travel and subslstence expense5 Rent Llght and heat Repalrs and malntenance Cle8nlng Repalrs, renewals and malntenance Insurance Prfntlngi Postage and statlonery Tralnlng semlnars and workshops Telecommunlcatlons and data costs AccoLbntancy fees Professlonal fee5 Bank charges Other office costs Depreclatlon of plant and machlnery Depredallon of flxtures and flttlngs Depreclatlon of eornputer equlpment Sundry expenses 5,850 9,890 16,517 7,739 6,467 17,576 3,619 874 1,687 2,131 403 85 1,061 22,466 509 1,450 1,636 682 125 393 1,350 9,060 138 2,115 1, 189 11,351 1,359 265 1,604 2.169 11,351 1,655 318 (85,198) (59,886) Other Operatlng Income Grants and subsldles recelved 97,370 61,370 97,370 61,370 OPEFiATING SURPLUS 12,172 1,484 Interest payable and slmllar ¢hary•• Bank loan Interest 43 44 (43) 12,129 144) SURPLLIS FOR THE FXNANCIAL YEAR 1,440 Page 8 Registered Charity No., 1121109 SANDWELL ASIAN DEVELOPMENT ASSOCIATION REPORT OF THE TRUSTEES AND INDEPENDINT EI XAMINER FOR THE YEAR ENDED 31" MARCH 2024 AMCI ASSOCIATES LTD illfo@amci-assoclat￿.Co.llk Registered Charity No.. 1121109 SANDwfi LL ASIAN DEVELOPlVtENT ASSOCIATION Table of Contents Repoit of the Ti'ustees Statement of Trustees responsibilities Independent Examiner's Report Statement of Financial Activities AMCI ASSOCIATLS LTD illfo@amci-associates.eo.ulc Registered Charity No: 1121109 SANDWILL ASIAN DEVELOPMENT ASSOCIATION R￿PoRT OF THLI TRUSTII ES f¢OR THE YEAR EliDED 31StMARCH 2024 The trustees have pleasLire in presenting the charitable company's ￿pOrt aiid finaiicial st statemeiits for the year elided 31 March 2024 which is also pirpared to meet the requiieinents for a Directols Report and Accounts for Conipanies Act pui'poses. The directoi's of Sandwell Asian Development Association Limited ("the chai'itable coinpany") air its ts'iistees foi. the pU￿oSe of charity law and throughout this report al'e collectively referred to as its Irustees. The financial staleinents comply witli the Cliarities Act 2011, the Companies Act 2006, tlie Memoranduni and Articles of Association and Accounting and Reporting by Charities: Statement of Recoininended Pi'actice applicable to chaL'ities preparing their accounts iii accoi'dance with the Financial Repoi'ting Standard applicable in the UK and Republic of Irelaiid (FRS 102). OBJEI CTIVES AND ACTIVITIES The Chai'itable Companies objectives al'e to help educate young people living witliin the ai'ea of benefit (Metropolitan BoroLigh of Sandwell and its suri'ounding ai'ea), pai'ticularly those of Asian oi'igin, thi'ough the provision of leisui'e time activities with paiticiilar emphasis on tlie teaching of amateur non-contact boxing and cricket so as to develop theii. physical and mental capacity that they may gl'ow to full maturity as individuals and membei's of society. The Charitable Conipany's objectives are achieved pi'iiicipally tlirough the I'uiining of a boxing gyni and various activities within the gym. Sandwell Asian Development Association (SADA) ruiis the Alpine gymnasium. At the gymnasium it ruiis fitne.ss, boxercise, ainateur boxing ai)d Inaitial ails classcs. SADA also I'uns a homework club foi. young people. Thi'ough its woi'k it has helped volunteei's gain acciEdited coaching qualifications and helped thcm to become coaches. The woi'k Ihat SADA engages in helps young people fi.om hard-to-reach groups to stay away fiom anti social behavioui. and crime and lead healthy and active lifestyles. The Ti'iistees confirm that they have referred to the guidance contained in the Chai'ity Commission's general guidance on Pliblic benefit when reviewing the Cliai'ity's aims and objectives and in planning future activities. ACHKEI VEMEI NT PERFORMANCE AND FUTURE PLANS In tlie last yeai., SADA has continued to run non-contact boxing, fitness aiid cardio pi'ogiammes for young people aged between I1- 25 years of age. This included supporting ex-offendeis and young people who are NEET (not in education or ti'aiiiing). AMCI ASSOCIATES LTD illfo@amci-a5S0CÈates.co.uk Registered Charity No: 1121109 SANDWELL ASIAN DEVf< LOPMENT ASSOCIATION The oi'ganisation has also i'un paieiit and cliild fitness classes dui'ing the year. Women only fitiiess classes were also aii-anged as many of tliose that Iiave attended would not noimally have attend mixed gymi)asiums due to religious and cultui'al beliefs. Our woi'k has helped young people to stay away from anti-social beliavioui. and criine, We have helped service iisers to impiDve their diets, lead healthy aiid active lifestyles. We will be running similar projects in the next 12 moiiths. FINANCIAL REVIEW The Chai'itable Coinpany genci'ated income from gi'ants and subsidies of £97,370 aiid speiit £85,240 on charitable activities in the year. Reserves policy and risks The ti'ustees feel that the charitable company has sufficient reserves to covei its opel'ating costs foL' appl'oximately 12 months. STRUCTURE GOVERNANCE AND MANACEI MEI IYT Sandwell Asian Developinent Association is a company limited by guarantee and a registei'ed cliai'ity govei'ned by ils Menioi'andum and Aiticles of Association dated 16 Septeinbei. 2006, Tlie coinpany does not have shaiE capital and the liability of eacli meinbei. is limited to £1. th Appointment of trustees, induction and ti"aining New Ti￿SteeS are appointed by invitation to join the Board given tliat they have the necessai'y skills and expeiience to contribute to the Trust's activities and to be able to discharge their obligations as Trustees. The Company secretary is cliarged with keeping Trustees up to date with the requiiements needed to fulfil their iesponsibilities. AMCI ASSOCIATES LTD info@amci-assoeiates.co.uk Registered Ch8rity ND: 1121109 SANDWELL ASIAN DEVELOPMENT ASSOCIATION REFERENCE AND ADMINISTRATIVE INFORMATION istered Charit Number 1121109 istei'ed Office 75 Spi'ingfield Crescent, West B1￿MWiCh, West Midlands, B70 6LW Trustees Mrs Tahira Imi?n Mrs Nazar Bi Mr Bai'kat Hussain ML. Mohammed Zafi'an Inde eiident Examiner AMCI ASSOCIATES LTD 133 Tame Road Witton Bii'iningham B6 7DG AMCI ASSOCIATES LTD info@amci-assoeiAtes.co.uk Registered Charity No- 1121109 SANDWELL ASIAN DEVELOPMENT ASSOCIATION STATEI fvIENT OF TRUSTEI ES RESPONSIBILITIES The trustees ale i'esponsible foi. preparing the Report of the Triistees and tlie financial statements in accoi'dance with applicable law and United Kingdom Accountiiig Staiidai'ds. In pi'eparing financial statements, the triistees are I'equired to.. select suitable accountiiig policies and then apply them consistently) obseive the methods and principles in the Charity SORP. make judgements and estimates that are I'easonable and priident. pt'epai'e the financial statements on the going concern basis unless it is inappropi'iate to piesiiine that the charity will coiitinue in business. The Irustees are I'esponsible foi. keeping proper accounting records whicli disclose with I'easonable accui'acy at any time the finaiicial position of the chai'ity aiid to ciiable them to ensure that the financial statements comply with applicable law and Uniied Kiiigdom Accounting Statidards. The trustees are also responsible for safeguai'ding the assets of the cliarity and hence for taking IEasoiiable steps foi. the PlEvention and detection of fi'aud and other ii'L'egulai'ities. On Bchalf of the Board: T Jmi'an Dated: 26.06.2024 AMCI ASSOCIATES LTD lllfo@amci-a550ciales.co.uk Registered Charity No: 1121109 SANDWEI LL ASIAN DEVELOPMENT ASSOCIATION INDEPENDENT EXAMINER'S REIPORT TO THE TRUSTEES OF SANDWELL ASIAN DEVELOPMEINT ASSOCIATION si I report on the accounts for the year ended 31 March 2024. Res ective res onsibilities of tsustees aDd examiner Tlie charity's ts'iistees are responsible for the preparation of the accounts. The charity's ti'ustees consider that an audit is not i'equired for this year and that an iiidependent examinatioii is requiied. It is my I'esponsibility to: examine the accounts under Section 145 of the Cliai'ities Act 2011 to follow tlie pi'ocedui'es laid down in the General Directions giveii by ihe Chal'ity Coinmission (Iindei. Section 145(5)(b) of the 201 l Act. to State whethei. particiilai. matters have come to my attention Basis of the inde endent examinei s re ort My examination was ca11.ied out in accoidaiice with the Genei'al Dii'ections given by the Charity Commission. An examination includes a I'eview of the accounting recoi'ds Icept by the chai'ity and a compai'ison of tlie accoiints pirsented with those records. It also includes consideration of any unusual items or disclosui'es in the accounts, and seeking explaiiations fi'om you as trustees concei'ning any such niatters. The pi'ocedui'es uiidertaken do not provide all the evidence that would be required in an audit, and consequeiitly no opinion is given as to whether the accounts present a 'ti'ue and fail. view, and the report is limited to those matters set out in the stateinents below. Inde endent examiiier's statement Iii connection with my examination, no matter has come to my attention: whicli gives me reasoiiable causes to believe that, in any material A'espect, the iequii'ements to keep accounting records iii accordance with Section 130 of the 2011 Act. and to prepare accounts which accordance with the accounting recoi'ds and to comply with the accounting requii'emcnts of the 20 I l Act AMCI ASSOCIATES LTD Info@a￿e1-&5sOCiatCs.eO.uk Registered Chai'ity No: 1121109 Have iiot been niet for. oi. 2 - to which, in my opinion, attention should be di?wn in oi'dei. to enable a propel. undei'standing of the accouiits to be IEached. Independent Examinei. AMCI ASSOCIATES LTD 133 Tame Road Witton Bii'mingham B6 7DG 26,06.2024 AMCI ASSOCIATES LTD info@amci-llssociate5.co.uk Registei'ed Charity No: 1121109 SANDWELL ASIAN DEVELOPMENT ASSOCIATION STATEMENT OF FINAIYCIAL ACTIVITIE( S FOR THE YEAR EI NDED 31st MARCH 2024 Unrestricted Restricted Funds ruiids Total Funds INCOMING IIESOURcfi,S Incomin resoiii'ces from Donations and legacies enei'ated fiJi)ds Total Income and endowments 4SOURCES EI XPENDID Cost of enei'atin funds Expenditure on charitable activities Total i'esources expended NET INCOMING RESOURCEI S 33 275) We are thankful for all the organisations that have supported our activities throiighout the yeai.. Unresti'icted fundiiig was obtained fiom the following organisations: The Keith & Joan Mindelson Charitable Trust Sandwell Metiopol itan Borough Coiincil Resti'icted funding was received from the following orgaiiisations: The William Dudley Trust The Patrick Trust Sandwell Metropolitan Borough Council George and Thomas Henry Trust The Edward Cadbury Foundation The Michael Marsh Trust AMCI A&SOCIATES LTD info@Amci-as50Clates.co.uk Registered Charity No: 1121109 The Hargreaves Foundation Saintbury Trust Baren Davenport Foundation Brian Murtagh Charity The Grlmmitt Trust Cole Cha ritable Trust Axis Foundation Birmingham City Council This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities. AMCI ASSOCtATES LTD info@an]ci-a5sociJles.co.uk 10