2022-12-31-accounts

Trustees’ Annual Report for the period

From 01/01/2022 to 31/12/2022

Charity name: Coventry Asian Sports Federation

Charity registration number: 1129955

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To promote sports amongst citizens of Asian origin, and to encourage multicultural organisations into participating in sporting events.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Promotion of kabaddi sports through the holding of an annual tournament, and by holding various exhibition matches between visiting sports teams from around the world. Providing training to youths in kabaddi, and encouraging youngsters to join this sport throughout the year.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Yes
Achievements and Performance
	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The charity has continued to promote sports of an Asian origin in the UK. After a 3 year break due to COVID-19, the annual kabaddi tournament was held once again in Coventry, with funds generated through sponsorships and donations from individuals.

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity was in a strong financial position at the end of December 2022, with its financial reserves increasing over the year.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held only in the short-term, and are used towards the next tournament the following year.
Amount of reserves held	Para 1.22	£13,216
Reasons for holding zero reserves	Para 1.22	Not applicable
Details of fund materially in deficit	Para 1.24	Not applicable
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	Not applicable

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document	Para 1.25	Constitution adopted 1 February 2009, amended on 10 June 2015.
How is the charity constituted?	Para 1.25	Trust
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Appointed by existing trustees

Reference and Administrative details

Charity name	Coventry Asian Sports Federation
Other name the charity uses
Registered charity number	1129955
Charity’s principal address	16 Barnack Avenue Coventry CV3 6LA

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	Mr Satnam Singh Gill
	Mr Bhajan Singh Samra
	Mr Shinder Singh Pahal

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Not applicable Name and objects of the charity on whose behalf the assets are held and how this Not applicable falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets Not applicable from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Accountants	Sachdev & Co.	5 Albany Road, Earlsdon, Coventry, CV5 6JQ
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signed on behalf of the	charity’s trustees
Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	Bhajan Singh Samra	Satnam Singh Gill
	Trustee	Trustee
	26 September 2022
	26 September 2022

CHARITY COMMIS510N FOR ENGLAND AND WALES Coventry Asian Sports Federation Chari Annual Accounts for the Period 01 January 2022 To 31 December 2022 No 1129955 Section A Statement of financial activities Restricted income fijnds R￿OrnMended eat8gorie8 by activity Unrestrietsd funds Endowmènt funds Prior year funds Totsl funds Incoming resouT¢es (Note 31 F01 F02 F03 F04 F05 Income and endowments from: Donatyw$and10oaties Charitable attivrtres Other trnding Investments Separ* ￿￿ter1￿ item of inrome Oiher Sol 36,567 36,567 S02 S03 $04 sos 10,000 10,000 rotal Resources exptrnded (Note 6 $07 46,567 46,567 Exppnditure on: F<ai5iw funds Charitsbk act￿1￿$ 36,887 36,887 S09 S10 Oiher S11 1,500 38,387 1,500 38,387 Total S12 Net incomellexpenditure) before investment gainsl(losses) $13 8,180 8,180 Net gainslllossesl on inve$bmw $14 Net incomel(expenditurel Extraordinary iteTns Transfers between funds Other recognised galnslll¢)sses): sis 8,180 8.180 S16 S17 GaiDs and losse5 on revaluation Off￿d￿ets10[theC￿ty,S ￿ usè Ottrwgalrtsllloststssl Netmovement in funds $18 S19 S20 8,180 Reconciliation of funds.. Totsl fU￿JS br￿ghtforWar Total funds canied forward 5,036 13,216 5,036 13,216 5,033 5,036

Section B Balance sheet Restrictod incomfy funds un￿tricted fund8 Endowmont Total th18 funds year Totsl last year Fixed assets Intangible assets Tangible assets Heritage assets Investments F01 F02 F03 F04 F05 (Note 15) (Note 14) (Note 161 (Note 171 Total flxed assets B01 802 B03 B04 B05 Current assets Stocks (Note 181 Debtors (Note 191 Investments (Note 17.4) Cash at bank and in hand (Note 24) Total currenf assets B07 809 5,036 5,036 B10 Creditors: amounts falling dJe wlthin one year (Nots 20) Y11 Nèt current assetsl(liabilitiesJ B12 5,036 rotal assets less Current Ilabllltles B13 5,036 Creditors". amounts falllng due after one year (Note 20} Provisions for Ilabilities 814 815 Total net assets or liabilities Funds of the Charity Endowment funds {Note 271 Restrictsd income funds (Note 271 Unrestrlcted funds Revaluolion reserve 816 13,216 13.216 5,036 B17 B18 B19 13,216 13.216 5,036 820 Total fiinds B21 5,036 Signed by one or two trustees on behaw of all the trustees Date of approval ddlmml Signature Print Name Bha an Sin h Samra Salnam Sin h Gill

Section C Notes to the accounts Note 1 Basis of preparation rhi$ secbon should be Completed by all chanties. 1.1 Basis of accounting These accounts have been prepared under the historical cost convention with rterns recognised at cost or transaction value unless othe￿iSe stated in the relevant note(s} to these accounts. The accounts have been repared in accordance with.. the Statement of Recommended Practice.. Accounb"ng and Reporting by Charities preparing their accounts in accordan￿ wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) issued on 16 July 2014 . and with the Financial Reporting Stsndard applicable in the Untted Kingdom and Republic of Ireland IFRS 102} and with the Charities Act 2011. The charity constitutes a public benefrt entity as defined by FRS 102. 1.2 Going concem If there are matenal uncertainues relatéd to events or conditiTons that cast sIgn￿leant doubt on the charitys ability to continue as a going concem. please provide the following details orstate -Not applicable", if appropriate.- An explanation as lo those factors that support the conclusion that the charity is a going concern., NotappliTcable Disclosure of any uncertainties that make the going con￿rn assumption doubttul", Where accounts are not prepared on a going COn￿M basis, please disclose this fa together wth the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concem. Notapplicable Not applicable 1.3 Change of accounting policy The accounts present a true and fair vrew and the accounting policies adopted are those outlined in note {2.2 }. No Please disclose.. (l) the nature of the change In a¢counting policy,. Not applicable (li) the reasons why applying the new accounrfng policy provides more reliable and more relevantinformation,. and Notapplicable

(ill) th8 amount of the adjustment for oach Ilne affected in the current period. each prior period pr6sented and the aggregate amount of the adjustment relating to pgriods before those presènted, 3.44 FRS 102 SORP. Not applicable 1.4 Changes to accounting estimates No changes to accounting estimgtes have occurred in the reporting period13.46 FRS 102 SORPI. Yes No Please disclos•.' (i) thè nature of any changes.. Not applieable (il) the effgct of the chang• on income and expense or assets and Ilabilitles for the currentperiod," and Not appli¢able (iiij where practlcable, the effect of the change in one or more futuro perlods. Not applicablo 1.5 Material prfor year errors No material prior year error have been identified in the reporb.ng period13.47 FRS 102 SORPI. Yes Please disclose.. (l) the naturè of the priorperiod error.. Not applicabl• fiij for each priorperiod prosented In the ac¢ounts, the amount of the correction for oach account line ftem affected.. and Not applicabl8 (iii) the amount of the correctlon at the beginning of the earliestpriorp•rlodpresont8d In the accounts. Not applicable

Section C Notes to the accounts Iconti Note 2 2.2 INCOME Ac¢ountin9 poIi¢igS This Slar￿ard 1istof8¢countingpol￿8s has beerj appl￿d￿Y Ihe charlty exc8ptfvllJose fyck8d'No-or'N/a'. Wher8 8 different oradditionalpoli¢y has been aL)pled theF> Ihis is d8tailedin the box below. Re¢¢)5Jnition of Income These are included in the Stslement cf Finanaal A¢bvities ISOFAI when.. Ihe ¢harty become8 enbtkd to the r8sourcs', it ts more likely th2n nat thatthe trustees wll re￿1ve the resOu￿S,. and the rnonetary value ¢an be measured with suffiient reliabilty. Yes No Nla There has been no offsetting Qf assets and Itabilitiès, QT income and expen3es. un￿$ required or pemiitted by the FRS 102 SORP or FRS 1￿2. Yes No Nla Yes No Nla Grants and donabon5 ar8 onty induded in the ScFAwken the geneTal ncorne recogn￿On uitsria are met15.10 to 5.12 FRS102 SORPI. Grants and donations In Ihe ¢ase of perftsrman￿ related grants. inco￿￿ mu$t onty be recognised to the extent that the charty has pmmded the spectr￿d goods orse[vi￿ as entit￿Ment to the grant only Ocfxjrs when the performance rejoted ¢ondthon5 are m8t15.16 FRS 102 SORPI. Legaoe5 ar8 Includ￿ in the SOFAwhen receipt is probable. that is, %vhen there has been grant of probate, the exeojtors have established Ihal there are strffi(ient assets in thé estate and any conditions attathed io the legacy a￿ etherwithin the control of the ¢harity or have bean met Yes No Nla Le9aciÈs Yes N12 Yes No Govemment grants The Charity h?s reteNd govern￿￿￿t grants in the reportrng Fericd Grfl￿d receivab￿ 1$ In￿￿e￿ in incorne when there is a v81id dedaration from the donor. My Grft￿d amount recovered on a donation i8 ¢onsKlered to be part of Ihat gift and is treat￿ 8s an addrtion to the same lund as the initial donation unks8 the donor or Ihe tem￿ of ¥)e appeal have spec¢fEd otherwse. Tax re¢Jaims on donatlgrs an(1 gitts Yes Nla Contrn¢tual income and performance related grants Yes No This Is only mduded in the SOFA ts￿￿ the charty h8s provided the reLgted goods or or met the perforrnance relat￿ conditions. Yes Donated 900(1s D¢nat•d goods ar• ￿aSured atfgir valuè (the amount for whith the asset coukl be exthangedl unless impra¢lK31 to do so. The costof any $tod¢ of 9wls donated for di¥tribubon to benefioarie5 15 deem￿ to be fair value of those gffts at the time oftheir receipt and th8y are rewgnised on r￿lpt. In the ￿￿ting period in which Ihe Stocks are dtstributed, they are recognised as an expense atthe carrying amount of the stocks at dBtribution. Donated gcods for resale ate T￿easu￿tt atfairvalue on inrtial ￿COgnition. wht¢h Ls the expected proceeds from sak kss the expected costs of sale, and recognised in'lnccrne frorn othertrading acti¥￿'e5. with the Co￿eSpOnding stock recogni8ed in the balan( sheet. On sale the value of stock B charged against'lncom8 from othertrading acb¥￿e$, an¢ the pr￿d$ from sak are abo r¢cognised as'lncorrE frorn othertrading activities.. Yes No Nla Yes Nlg Yes No Nla G<￿$ donated for owthng use by the charity are recogni5ed a5 tsn9ib￿ fL¥ed assets and included in the SOFA as incotning resour￿ when re￿1Vable. Yes No Nla Gffts in kind for use by the ¢harity are Inclut¥aY the SOFA as inc0￿e frorn donations %then re￿Nab￿. Dor￿tell services an facilities Donated Sertes and faCil￿eS are induded in the SOFAwhen re¢tNed at the value of the gfft to the charity provided the value of the grft can be Mèasur￿ reltably. Donated servw and fa¢ilthe$ that are consumed imrnediatety are ￿cOgniSed as income with an equNaknt amount re￿gn￿d as an expense Lnder the appropriate heading in the SOFA Yes Nla Yes No Nla Yes Nla Support ¢osts The charity has Incur￿ expendrture on support costs. Thth io nr%+ inn11￿4￿￿ in +ha hi0 Yes No Nla

Volunteer help in th8 Iru5tees' annual TEtX)rt es Income Intar•s( ThKs 15 included in the accounts when receipt 18 probab￿ and the amgunt r8eeNabb can royaltles and divides)ds bè measured Teliably. es Nla Income from momb8rshlp Memt¢rship $ubscripts"on5 r8c8ived In the nature of a 9rft are reccgnised In Donations sub$¢rlptions and Legacies Memb8rship sub5GriPtions which 9ive$ 8 memberthe rtght to buy 5eTvice$ or other benefits are recogni5ed as income eamed from the provi5i0n ofgotsJ8 and seT¥ice$ as neom8 fvom charilabk activitES. Insurance claim$ are only included in the SOFA when the g8n8r81 income re￿gnition rrteria afe m8t15.10 to 5.12 FRS102 SORPI and are included 8$ an item of other incorne the SOFA. es Yes Nla 5ottlem8nt of insurance claims Yes No Nl8 Investment gains and los$es This Indudes any realised or un￿alISed gains or k)sses on the sale cf inve$tm8nts and any gain or loss resulting fvom revaluing Inve81ment5 to marf(et value at the 6￿1 of the year. 2.3 EXPENDITURE AND LIABILITIES Llablllty recognitlon Liabilitie5 are ￿COgnised where It is more lik81y than not that there is a legal or conslru¢tyvg obligation committing the charity lo pay out rtsources and the amount ol the obligation can be measured with ￿8$Onabl8 Certainty. SuppDrt ¢0$18 have been allotated between gtsvemance costs and other SUPFQrt. Govèrnan￿ costs compn8e all costs involving public a¢countability of the charity and its tompliance with regulation and good practi￿. Yes Nla e5 Governan¢¢ and sUPPOrt costs Support costs Indude central fUn￿KIn$ and have been allocated to activity cost categories on a ba$b consistent with tt)e use of re50urco$, eg allocats.ng property costs by floor areas. or per capila. staff Costs by the tir￿ Spent and other costs by their usage. Yes No Nla es la Grants wlth perfornance conditions Where the tharity gwes a grant wikn condition$ for its paym8nt bèing a Specffic level of Sérvi￿ or output to ba provided. such grants are only recognised in the SoFAort￿ the recipient of the grant has prOV￿ed the specified servKe or output Where the￿ a￿ no condrtions atta¢hing to the grant that ￿nab￿S th• donor charity to alisli¢alty avoid the commitment. a Irability for the full funding oblh3ation rnu51 be recognised Yes No Nla Grants payable witho¥Jl perfomiance condlllons Yes Nla Redundancy cost Th8 made no redundancy paymen15 duriry the rwrting perK)d. Ye5 No Nla Dgferrod income No material item of defer￿d inc¢me has been included in the account5. es No Nla Cr8dltors The charity has creditors %Yhich are measured at settlement amounts any trade discounts A Iiabilty is measured on recognition at its historical cost and then subsequenuy measured at best estimate of the amount required to setlle the obligation at thè porting dale The charity accounts foi basic financial instrument5 on initial recognition a5 pgr paragr8ph 10.7 FRS102 SORP. Subwuenl measur8rn8nt Is a$ per paragraphs 11.17 to 11.19. FRS102 SORP. Yes No Nla Provlslons for Ilabllltl•s Ba51c financial instruments Yes No N18 2.4 ASSETS Tangible flxed assets for These ar8 caprtalised if they can be used for more than one year, and cost at ￿88t use by ¢harlty Nla Yes No They are valued at cost. The depreciation rates and methods used are disclosed in note 9.2. The th8rity has intsng1tl￿ fixed as5et$, that is, non-monetary a$sets that do not have physical substance but are identifiabl8 and are ¢onirolled by the charity through custody or legal rights. The amortisalion rates and methods used 8re disdosed in note 9.5 Intanglble flxed assots Yes No Nla es They are valued at cost. The chaity has heritage a55ets, that 1$, non-monelary assets with historic. aflistic. sc*ntlf￿. technological. geophy8icaS or environmental qualities that ar8 held and maintsined principally for their contribution to knO￿edge and cultu￿. The d8precialion rat8s and methods used as disdosed in note 9.6.1.4. Heritage assets Yes No Nia

Wa They are valued at cost asset investrnents in quoted shares, tratted bonds and Similar investmenls a valued al initially at cost and suwuenlly at fair value Ilheir market value) at the year end. The same treatrent 6 applied to unl￿tEd invesbments unèss tsir value cannot be measured rtrliabty in which case il is measured at Cost less unpairrnent Invethents held for ￿Sale or pending their sale and cash and ¢ash eouivaknts with 8 maiurrty date of kn than 1 year are treated as current asset investments Yes Nla Yes No Nla Stocks and work in progress Stod($ held for sale as part of noTrcharitsble trade a￿ measured at the I￿r or rx)st or net realisable value. No Good5 orservir£s prOV￿ed as part of a d)aritable actNity are Measu￿ at net realisab￿ ¥a￿e based the service potential provided by Items of stod(. Yes Nla Work in prvJres$ k% valued at Cost * ?ny foreseeabk k)ss that 15 likely to occur on t contract. Yes No Nla Debtors Ilnduding tr3de debtots and loans receiv8b￿l arg mea$ured on In￿01 at settlement amount afterany tr8de discounts or amount aOvan(td by the charity. Subsequenty, they are Measu￿ at the cash or other consideration expected to be re￿Ned. The tharity has has investrnents whi¢h it for resale orpending their Sa￿ and cash and cash equivaknts wth a rnaturity date less than one year. These in¢lude ¢a$h on deposit and cash equivalents with 8 matsjrty date of less than one year hekl lor investrlent purposes Tather than to meet $horttem ¢ash Commthents as they fall Yes No Nla Debtors Current asset inyesthients Yes Nla Yes No Nla They are vaJu&1 attsir Val￿ eX￿ptW￿ere they qualfy as basicfinan¢Aal instruments. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

Section C Notes to the accounts Icontl Note 3 Analysis of income Rvtrictsd Unmtrithd Income En¢Jowmont Funds Total funds PIlory￿r Ana 18 Donations and lègacles.. Donèhons and Gift Aid acies General grants provided by governm8nUother 36,567 Membership subscriptions and sponsorships wh an￿￿ Donated oods. 18cJlities and services Other Total 36.567 36,567 Charltable octlvltkn$'. Other Totsi Other trading activitiès: Other Total Inccme from Investments: Interest Incorne Dividend illCOrnE Rental and leasin Othor in￿rne Totsi Separate materfal item of income.. Monies Released b Askews LLP 10.000 Total 10.000 Other. Conversion of endowrnent funds into incorne Gain on disposal of a langible fixeLI asset held own Gain on disposal of a programme related Royalties Irorn the exploitation ol intelleth231 Offter Totsl TOTAL INCOME 46 567 36 567 Olher information.. All Incomo In the prlof yearwas unrestricted x¢aptfor: Ipleas8 providè d88CriPtion and amountsl Not applic•bl• Where any endovmient lund is ¢onvort6d into In¢om8 In th8 reportlng perlod, plg0s* glve the rea$tsn lor the converslon. Notappllcabl• y￿thIn th• Income items above the folltswlng Items are material.. (plea88 dixlow the natuvo. amount and any prioi year amounts Notjpplleable

Section C Note5 to the accounts Iconti Nots6 Analysis of expenditure Restrscted Unrestrithd income End¢)￿rt funds lund5 funds Total fun¢Js Prio(￿r Ana is Incurred seeking donations Incurred seÈking 18garyes Incurred seeking grants Operats"ng membership sch&me5 and social lotteries Stsging fundraising events ExpendibJrB on raising funds= 36.387 Fudraising agents Opèrating tharty shops Operating a trading company undertaking non<haritable trading activi Advefbsing. markèting, direct mail and 500 stsrt up costs incurred in generating néw Sour￿ of fLrtuie incoffle Database development costs Other trading acbvitEs Inveslrnent rnana9ernent costs.. Portfolio mana ement costs Cost of obtaining investrnent 8dvt Investrnent administr8tK)n costs Intellectual propety li￿n￿n9 ￿￿t5 Rent ￿l*tion, propety repairs and aintenancg rharg8 Total expendi￿re on rnÉsing fvnds 36,887 36.887 Expenditure on charitable ¥¢tyvilies Total Èxpendiiure on charitable activities Sepayate material item of expense Total Other Kabaddi Federation Subscri ons 1,5 Totsl othèrexpendhure TOTAL EXpEND￿uRE 38.387 38,387

Othèr Infomiation.. Anatysls of expendlture on charitablè a¢￿VItIeS Grant funding Actlvity or prograrnrno A¢tlvltl8s undertaken diT9cUy Support Costs Total this Tol01 prloryoer a¢tlvWes Total Prior year exVndl￿re on charltablo a¢llvltle8 can be anaty$ed as lollow5'. Not applicable Within the exp¢ndlture ltsms al)ove th• following Items ar• matsrfal.. Iplease dlscl¢)s• the nature, amount artd any prlor year amounts) Not8ppllcable

Section C Notes to the a¢¢ounts Note 24 Cash at bank and in hand This year L* year Shortfr￿ cash Invesirnnts U8ss than 3 month5 matuiity datrl Shorttomi dèposits Cash at bank and on hamd 13.216 5.036 Totsl

Independent examinerfs report on the accounts CHARITY COMMISSION FOR ENGLAND AND WALES Section A Independent Examiner's Report Report to thè trusteesl members of Coventry Asian Sports Federation On accounts for the year ended 31 December 2022 Charity no (if any) 1129955 Set out on pages 1-11 Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ('the Charities Acr) and that an independent examination is needed. It is my responsibility to= examine the accounts under section 145 of the Charities Act, to follow the prO￿dureS laid down in the general Directions given by the Charity Commission (under section 145(5)(b} of the Charities Act, and to state whether particular matters have come to my attention. Basis of independent My examination was carried out in accordance with general Directions given examinefs statoment by the Charity Commission. An examination includes a review of the accounting records kept by the chanty and a comparison of the accounts presented wtth those records. It also includes consideration of any unusual iteffls or disclosures in the accounts, and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the eviden￿ that would be required in an audit, and consequently no opinion is given as to whether the accounts present a Irue and fairf view and the report is limited to those matters set OLrt in the statement below. IER

Independent In connection with my examination, no matter has Come to my attention examiner's ststement 1. which gives me reasonable cause to believe that in, any material respect, the reqLtirements'. to keep accounting records in accordance with section 130 of the Charities Act- and to prepare accounts which accord wtth Ihe accounting records and comply with the accounting requirements of the Charities Act have not been met. or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: 2810912023 Name: Dr Rakesh Sachdev Bsc Msc PhD FCCA ACA Relevant professional qualification(sl or body (if any): ICAEW & ACCA Address: 5 Albany Road Coventry CV5 6JQ IER