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|1||Legal and administrative information|
|---|---|---|
|2-4||Report ofthe trustees|
|S||Report of the independent examiner|
|6||Statement of financial activities|
|7||Balance sheet|
|8||Statement of cashflows|
|9-|16|Notes to the financial statements|






|Trustees:|S S Bal|
|---|---|
||Ms G K Sandhu|
|Company number:|07030547|
|Charity registration:|1136163|
|Registered office:|90 Gillott Road, Edgbaston, Birmingham, B16 DES|
|Independent examiner:|Malcolm Hi Wilicox, FCCA|
||Messrs Malcolm Wilicox & Co, Chartered CertifledAccountants|
||Hagley House, 93 Hagley Road, Edgbaston, Birmingham, B16 BLA|
|Bankers:|Cashplus Bank|
||6 London Wall, London, EC2Y SEB|





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|||||Period ended|Period ended|Year to|Year to|
|---|---|---|---|---|---|---|---|
||Notes|Unrestricted|Restricted|5.8.2022||30.9.2021||
||Notes|Fund|Funds||Total||Total|
|||£|£||£||F|
|INCOME||||||||
|Donation5 and legacies|( 2)|479,021|-|479,021||853,601||
|Investment|( 3 )|1,216|-||1,216||989|
|Government grants||-|-||-||56,341|
|Total income||480,237|-|480,237||910,931||
|EXPENDITURE||||||||
|Charitable activities|(4)|(677,762)|-|(677,762)||(916,444)||
|Net income/expenditure for the||||||||
|year before transfers||(197,525)|-|(197,525)||(|5,513)|
|Transfer between funds||-|-||-||-|
|Net income/expenditure forthe year||(197,525)|-|(197,525)||(|5,513)|
|Fund balances at 1 October 2021||75,733|119,821||195,554||201,067|
|Fund balances at 5 August 2022||(121,792)|119,821|(|1,971)||-|
|Deficit on fund balances transferred||||||||
|to Sikh Channel CIC||121,792|(119,821)||1,971||-|
|Fund balances at 30 september 2022||Nil|Nil||Nil||195,554|





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||||2022||2021||
|---|---|---|---|---|---|---|
||Notes|E||£|£|£|
|FIXED ASSETS|||||||
|Tangible assets|(8 )|||-||19,157|
|Investment|( 9 )|||-||100|
|||||-||19,257|
|CURRENT ASSETS|||||||
|Debtors|(10)|-|||270,172||
|Cash at bank and in hand||-|||114,616||
|||-|||384,788||
|CREDITORS<br>—amountsfalling due|||||||
|within oneyear|(11)|-|||(208,491)||
|Net current assets||||-||176,297|
|Total assets less current liabilities||||-||195,554|
|ACCUMULATED FUNDS|||||||
|Restricted funds|(12)|||-||119,821|
|Unrestricted funds||||-||75,733|
|||||-||195,554|





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|||||2022||||2021||
|---|---|---|---|---|---|---|---|---|---|
||Notes||£|||£|£||£|
|Cash flow5from operating activities||||||||||
|Cash absorbed by operations|(15)||||(112,591)||||( 28,801)|
|Investing activitie5||||||||||
|Purchase of tangible fixed assets||(|3,241)|||||||
|Interest received|||1,216||||989|||
|Net cash used in investing activities|||||(|2,025)|||989|
|Net decrease in cash||||||||||
|and cash equivalents|||||(114,616)||||( 27,812)|
|Cash and cash equivalents at beginning of year||||||114,616|||142,428|
|Cash and cash equivalents at end of year||||||-|||214,616|





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|2||DONATIONS AND LEGACIES||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|2022|2021|
|||||£|£|£|£|
|||Donations and gifts||473,393|-|473,393|662,317|
|||Gift Aid||5,628|-|5,628|191,284|
|||||479021|-|479,021|853601|
|||||||2022|2021|
|||||||£|£|
||3|INVESTMENT INCOME||||||
|||Bank interest||||-|18|
|||Interest on Gift Aid||||1,216|971|
|||||||1,216|989|
||||Production|Broadcasting|Donations|Total|Total|
||||costs|costs|made|2022|2021|
||||£|£|£|£|£|
||4|CHARITABLE ACTIVITIES||||||
|||Production & broadcasting costs|127,732|215,514|-|343,246|425,084|
|||Donations, gifts and||||||
|||charitable expenditure|-|-|37,428|37,428|43,352|
||||127,732|215,514|37,428|380,674|468,436|
|||Share of support costs (noteS)|106,630|179,909|-|286,539|427,879|
|||Share ofgovernance costs (noteS)|3,926|6,623|-|10,549|20,129|
||||238,288|402,046|37,428|677,762|916,444|
|||Analysis by fund||||||
|||Unrestricted funds|238,288|402,046|37,428|677,762||
|||Restricted funds|-|-|-|-||
||||238,288|402,046|37,428|677,762||
|||For the year ended 30 september2021||||||
|||Unrestricted funds|318,877|490,412|23,221||832,510|
|||Restricted funds|25,966|37,837|20,131||83,934|
||||344,843|528,249|43,352||916,444|





|||Support|Governance|Period ended|Year to|
|---|---|---|---|---|---|
|||costs|costs|5.8.2022|30.9.2021|
|||£|£|£|£|
|S|SUPPORT COSTS|||||
||Staff costs|172,289|-|172,289|275,618|
||Redundancy pay|14,499|-|14,499|-|
||Depreciation|4,890|-|4,890|6,386|
||Equipment leasing|836|-|836|1,091|
||Rent, rates and insurance|30,129|-|30,129|38,001|
||Heat and light|7,457|-|7,457|9,515|
||Cleaning|2,688|-|2,688|3,586|
||Foreign exchange cost|60|-|60|1,389|
||Bank interest and charges|7,082|-|7,082|15,889|
||Repairs and maintenance|2,418|-|2,418|1,451|
||Printing, stationery and advertising|3,093|-|3,093|1,650|
||Telephone and postage|5,177|-|5,177|26,387|
||Motor and travelling expenses|17,214|-|17,214|11,227|
||Legal and professional fees|16,061|5,709|21,770|46,816|
||Sundry expenses|2,646|40|2,686|3,002|
||Accountancy fees|-|4,800|4,800|6,000|
|||286,539|10,549|297,088|448,008|
||Analysed between charitable activities|286,539|10,549|297,088|448,008|



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||No trustees received any expenses.<br>Key management person<br>£80,709).|nel’s remuneration was £55|,396 (2021|
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|7|EMPLOYEES|||
||The average number ofemployees|9|11|
||Employment costs|||
||Wages and salaries including redundancy pay|170,648|252,004|
||Social security costs|12,698|18,330|
||Other pension costs|3,442|5,284|
|||186,788|275,618|





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|||Fixtures, fittings &|||||
|---|---|---|---|---|---|---|
|||computer||Motor|||
|||equipment||vehicle||Total|
|||£||£||£|
|8|TANGIBLE FIXED ASSETS||||||
||Cost:||||||
||At 1 October 2021|171,044||7,356|178,400||
||Additions|3,241||-||3,241|
||Transfer to Sikh Channel CIC|(174,285)|(|7,356)|(181,641)||
||At 30 September 2022|-||-||-|
||Depreciation and impairment:||||||
||At 1 October 2021|153,196||6,047|159,243||
||Depreciation charged in the period|4,618||272||4,890|
||Transfer to Sikh Channel CIC|(157,814)|(|6,319)|(164,133)||
||At 30 September 2022|-||-||-|
||Carrying amount:||||||
||At 30 September 2022|-||-||-|
||At 30 September 2021|17,848||1,309||19,157|
||||||Unlisted||
||||||investment||
|||||||£|
|9|FIXED ASSETS INVESTMENT||||||
||Cost orvaluation:||||||
||At 1 October 2021 & 5 August 2022|||||100|
||Transfer to Sikh Channel CIC||||(|100)|
||Carrying amount||||||
||At 30 September 2022|||||-|
||At 30 September2021|||||100|
|||||2022||2021|
|||||£||£|
|10|DEBTORS<br>— amountsfailing due within one year:||||||
||Amounts due from subsidiary undertaking|||-||67,947|
||Other debtor|||-||2,446|
||Prepayments and accrued income|||-||44,344|
||Gift Aid debtors|||-||155,435|
|||||-||270,172|





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|||2022|2021|
|---|---|---|---|
|||£|£|
|11|CREDITORS<br>—amountsfalling due within one year:|||
||Other taxation and social security|-|24,913|
||Trade creditors|-|156,270|
||Other creditors|-|15,234|
||Accruals|-|12,074|
|||-|208,491|



## 

||||||Transfer to||
|---|---|---|---|---|---|---|
||Balance at||Incoming|Resources|Sikh Channel|Balance at|
|||1.10.21|resources|expended|CIC|30.9.22|
|||£|£|£|£|£|
||The SMART Centre Appeal|119,821|-|-|(119,821)|-|
|||||Unrestricted|Restricted|Total|
|||||£|£|£|
|13|ANALYSIS OF NETASSETS BETWEEN|FUNDS|||||
||Fund balances at 30 September 2022|were represented by:|||||
||Tangible assets|||-|-|-|
||Investment|||-|-|-|
||Net current assets|||-|-|-|
||Fund balances at 30 September 2021 were represented by:||||||
||Tangible assets|||19,257|-|29,157|
||Investment|||100|-|100|
||Current assets/liabilities|||56,476|119,821|176,297|
|||||75,733|119,821|195,554|





## 

||||2022||2021|
|---|---|---|---|---|---|
||||£||£|
|15|CASH ABSORBED BY OPERATIONS|||||
||Deficit for the period to S August 2022|(197,525)||(|5,513)|
||Adjustments for:|||||
||Investment income recognised in statement of financial activities|(|1,216)|(|989)|
||Depreciation and impairment of tangible fixed assets||4,890||6,386|
||Disposal of fixed assets to Sikh Channel CIC||17,608||-|
||Effect of net liabilities transferred to Sikh Channel CIC||1,971||-|
||Movements in working capital:|||||
||Decrease/increase in debtors||270,172|( 46,442)||
||Decrease/increase in creditors|(208,491)|||17,757|
||Cash absorbed by operations|(112,591)|||( 28,801)|
||||£|||
|16|ASSETS AND LIABILITIES TRANSFERRED|||||
||Transfers to Sikh Channel CIC during the year:|||||
||Tangible fixed assets||17,508|||
||Fixed asset investment||100|||
||Amount due from subsidiary undertaking||34,356|||
||Debtors and prepayments||99,800|||
||Bank accounts||94,610|||
||||246,374|||
||Creditors||(248,345)|||
||Restricted fund||(119,821)|||
||||(368,166)|||
||Deficit on unrestricted fund||(121,792)|||
|17|SHARE CAPITAL|||||
||The company is limited by guarantee and does not have any share capital.|||||