REGISTERED COMPANY NUMBER: CE008349 (England and Wales) REGISTERED CHARITY NUMBER: 1169838
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FOR
BRITISH INDIAN PSYCHIATRIC ASSOCIATION
Shah & Co (Accountants) Ltd Chartered Certified Accountants Cash's Business Centre 1st Floor 228 Widdrington Road Coventry West Midlands CV1 4PB
BRITISH INDIAN PSYCHIATRIC ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
BRITISH INDIAN PSYCHIATRIC ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
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 31 March 2024. 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the BIPA are to protect and promote good health amongst people with mental illness or intellectual disability, in particular those from the black and minority ethnic communities, This is achieved by:
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advancing education in mental health through training and research:
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working with statutory bodies, healthcare professionals and other organization to assist in the improvement of mental healthcare provision.
Significant activities
BIPA members have attended the Indian Psychiatry Society (IPS) annual conference ANCIPS in January 2024, where they presented and also had opportunity to network and continue developing BIPA links with IPS. Joint presentations of BIPA and IPS executive teams focussed on transcultural landscapes and collaborative working The executive team has held regular meetings throughout the year, ensuring effective leadership and decision-making.
The BIPA website has been updated with relevant information, ensuring that members and the community stay informed about the organization's activities and achievements
. A WhatsApp group has been established for BIPA members, providing a convenient platform for communication, sharing resources, and building a stronger sense of community.
BIPA members have attended various conferences and diaspora events such as the as British Pakistan Psychiatry Association, British Sri Lankan Psychiatry Association and BAPIO annual events.
BIPA president Dr Bhavana Chawda has attended the society for brain mapping and therapeutics 2024 annual world congress and The American Psychiatric Association annual general meeting in New York. A joint presentation with IAPA and IPS presidents on alcohol use disorder was well received.
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
CE008349 (England and Wales)
Registered Charity number
1169838
Registered office
Cash's Business Centre First Floor 228 Widdrington Road Coventry Warwickshire CV1 4PB
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BRITISH INDIAN PSYCHIATRIC ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Trustees
President:- Dr Bhavana Chawda Vice President:- Dr Sridevi Sira Mahalingappa Honorary Secretary:- Dr Harinder Bains Treasurer:- Dr Ramneesh Puri
Immediate Past President:- Dr Ananta Dave
Dr Seshagiri Rao Nimmagadda Dr Manoj Rajagopal
Executive Committee 2022 - 2024:-
Dr Sanjukta Das Dr Nita Agarwal Dr Fabida Aria Dr Shweta Mittal Dr Anu Priya Dr Ashok Jainer Dr Sen Kallumpuram Dr Baxi Neeraj Prasad Sinha Dr Mano Manoharan Dr Ananta Dave Dr Trupti Koli Dr Mina Bobdey
Independent Examiner
Harendra Shah Shah & Co (Accountants) Ltd Chartered Certified Accountants Cash's Business Centre 1st Floor 228 Widdrington Road Coventry West Midlands CV1 4PB
Approved by order of the board of trustees on 17 March 2025 and signed on its behalf by:
Dr S Sira Mahalingappa - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRITISH INDIAN PSYCHIATRIC ASSOCIATION
Independent examiner's report to the trustees of British Indian Psychiatric Association ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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.
Harendra Shah The Association of Chartered Certified Accountants
Shah & Co (Accountants) Ltd Chartered Certified Accountants Cash's Business Centre 1st Floor 228 Widdrington Road Coventry West Midlands CV1 4PB
17 March 2025
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BRITISH INDIAN PSYCHIATRIC ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| 31.3.24 | 31.3.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 2 | 11,486 | 6,932 |
| Other trading activities | 3 | 37,333 | 25,079 |
| Total | 48,819 | 32,011 | |
| EXPENDITURE ON | |||
| Charitable activities | 4 | ||
| Postage and Stationery | - | 248 | |
| Advertising and Conference Set up fees | 307 | 454 | |
| Telephone Expenses | 353 | 173 | |
| Insurance and Lincencing | - | 784 | |
| Sundry Expenses | - | 350 | |
| Event Fees | 29,558 | 23,407 | |
| Accountancy | 800 | - | |
| Total | 31,018 | 25,416 | |
| NET INCOME | 17,801 | 6,595 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 58,893 | 52,298 | |
| TOTAL FUNDS CARRIED FORWARD | 76,694 | 58,893 | |
The notes form part of these financial statements
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BRITISH INDIAN PSYCHIATRIC ASSOCIATION
BALANCE SHEET 31 MARCH 2024
| 31.3.24 | 31.3.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Debtors | 7 | (975) | (975) |
| Cash at bank | 77,669 | 59,868 | |
| 76,694 | 58,893 | ||
| NET CURRENT ASSETS | 76,694 | 58,893 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 76,694 | 58,893 | |
| NET ASSETS | 76,694 | 58,893 | |
| FUNDS | 8 | ||
| Unrestricted funds | 76,694 | 58,893 | |
| TOTAL FUNDS | 76,694 | 58,893 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each 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 charitable company.
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 17 March 2025 and were signed on its behalf by:
S Sira Mahalingappa - Trustee
The notes form part of these financial statements
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BRITISH INDIAN PSYCHIATRIC ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
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.
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.
2. DONATIONS AND LEGACIES
==> picture [471 x 146] intentionally omitted <==
----- Start of picture text -----
||||
|---|---|---|
|31.3.24|31.3.23|
|£|£|
|Donations|6,741|3,074|
|Donated services and facilities|4,745|3,858|
|11,486|6,932|
|3.|OTHER TRADING ACTIVITIES|
|31.3.24|31.3.23|
|£|£|
|Sponsorships|37,333|25,079|
----- End of picture text -----
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BRITISH INDIAN PSYCHIATRIC ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
4. CHARITABLE ACTIVITIES COSTS
| Advertising and Conference Set up fees Telephone Expenses Event Fees Accountancy |
Direct Costs £ 307 353 29,558 - 30,218 |
Support costs £ - - - 800 800 |
Totals £ 307 353 29,558 800 31,018 |
|---|---|---|---|
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
| Trustees' expenses | ||
|---|---|---|
| Trustees' expenses | 31.3.24 £ 1,433 |
31.3.23 £ 800 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies Other trading activities |
Unrestricted fund £ 6,932 25,079 |
|
| Total | 32,011 | |
| EXPENDITURE ON Charitable activities Postage and Stationery Advertising and Conference Set up fees Telephone Expenses Insurance and Lincencing Sundry Expenses Event Fees |
248 454 173 784 350 23,407 |
|
| Total | 25,416 | |
| NET INCOME RECONCILIATION OF FUNDS Total funds brought forward |
6,595 52,298 |
|
| TOTAL FUNDS CARRIED FORWARD | 58,893 |
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
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BRITISH INDIAN PSYCHIATRIC ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31.3.24 | 31.3.23 | |||
|---|---|---|---|---|
| £ | £ | |||
| Accruals | (975) | (975) | ||
| 8. | MOVEMENT IN FUNDS | |||
| Unrestricted funds | At 1/4/23 £ |
Net movement in funds £ |
At 31/3/24 £ |
|
| General fund | 58,893 | 17,801 | 76,694 | |
| TOTAL FUNDS | 58,893 | 17,801 | 76,694 | |
| Net movement in funds, included in the above are as follows: | ||||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
|
| General fund | 48,819 | (31,018) | 17,801 | |
| TOTAL FUNDS | 48,819 | (31,018) | 17,801 | |
| Comparatives for movement in funds | ||||
| Unrestricted funds | At 1/4/22 £ |
Net movement in funds £ |
At 31/3/23 £ |
|
| General fund | 52,298 | 6,595 | 58,893 | |
| TOTAL FUNDS | 52,298 | 6,595 | 58,893 | |
| Comparative net movement in funds, included in the above are as follows: | ||||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
|
| General fund | 32,011 | (25,416) | 6,595 | |
| TOTAL FUNDS | 32,011 | (25,416) | 6,595 |
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BRITISH INDIAN PSYCHIATRIC ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/4/22 | in funds | 31/3/24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 52,298 | 24,396 | 76,694 |
| TOTAL FUNDS | 52,298 | 24,396 | 76,694 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming Resources resources expended £ £ |
Movement in funds £ |
|---|---|---|
| General fund | 80,830 (56,434) |
24,396 |
| TOTAL FUNDS | 80,830 (56,434) |
24,396 |
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
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BRITISH INDIAN PSYCHIATRIC ASSOCIATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| 31.3.24 | 31.3.23 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 6,741 | 3,074 |
| Donated services and facilities | 4,745 | 3,858 |
| Other trading activities | 11,486 | 6,932 |
| Sponsorships | 37,333 | 25,079 |
| Total incoming resources | 48,819 | 32,011 |
| EXPENDITURE | ||
| Charitable activities | ||
| Trustees' expenses | 1,433 | 800 |
| Insurance | - | 784 |
| Telephone | 353 | 173 |
| Postage and stationery | - | 248 |
| Advertising | 307 | 454 |
| Sundries | - | 350 |
| No description | 28,125 | 22,607 |
| Support costs | 30,218 | 25,416 |
| Governance costs | ||
| Accountancy and legal fees | 800 | - |
| Total resources expended | 31,018 | 25,416 |
| Net income | 17,801 | 6,595 |
This page does not form part of the statutory financial statements
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