2021-03-31-accounts - Blind Ambition

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Registered Charity Number 1172483

BLIND AMBITION

Report and Management Accounts

For the period ended

31-Mar-21

BLIND AMBITION Report and accounts Contents

	Page
Charity information	1
Trustees' Report	1
Statement of Directors'/Trustees Responsibilities	2
Accountant's report	2
Profit & Loss A/C	3
Balance sheet	4
Statement of total recognised gains and losses	5
Movements in Accumulated Funds	9
Cash flow statement	11
Notes to the accounts	12
Detailed Statement of Financial Activities	13

BLIND AMBITION Company Information

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31ST MARCH 2021

The trustees present their report with the financial statements of the charity for the year ended 31st March 2021. The trusteed have adopted the provisions of the statement of Recommended Practice (SORP) Accounting and Reporting by Charities' issued in March 2005.

Reference and Administrative Details Registered Charity number 1172483

Principal Address

81 LAKEY LANE Birmingham B28 9DS

Trustees

DR. AHMED ALI AURANGZEB M KHAN AADIL IQBAL MISS GHAZALLA PERVEEN

Accountants

TIME TAX Chartered Certified Accountants 69 Steward Street Birmingham B18 7AF

Structure, Governance and Management Governing document

The Charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

ON BEHALF OF THE BOARD

Trustee

10/05/2022

Draft 4/3/02

BLIND AMBITION

The report of the trustees for the year ended 31 March 2021

Introduction

The trustees present their annual report and accounts for the year ended 31st March 2021. The board of trustees are satisfied with the performance of the charity during the year and the position at 31st March 2021 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.

Name, registered office and constitution of the charity

Saltley Community Association

The legal registration details are :-

Date of formation 07/04/2017 The Principal Office is 81 Lakey Lane Birmingham B28 9DS Charity Registration Number 1172483 The telephone number is 0

Objectives and Activities of the Charity

A summary of the objects of the charity as set out in its governing document. Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. .(change if not true)

Statement of Trustees' Responsibilities

The Charities Act requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
state whether applicable accounting standards and statements of recommended practice have been followed , subject to any material
departures disclosed and explained in the financial statements;

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Draft 4/3/02

BLIND AMBITION

The report of the trustees for the year ended 31 March 2021

The trustees are also responsible for the contents of the trustees' report.

This report was approved by the board of trustees on 10 May 2022.

AURANGZEB M KHAN Trustee

BLIND AMBITION

Independent Examiner's Report to the trustees of Saltley Community Association

I report on the accounts for the year ended 31st March 2021 set out on pages 3 to 7

Respective responsibilty 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(2) of the charities Act 2011) and that an independent examination is required.

It is my responsibility to:

examine the accounts under Section 145 of the 2011 Act
to follow the procedures laid down in the General Directions given by the charity commission (under section 145(5) (b) of the 2011 Act): and
to state whether particular matters have come to my attention.

Basis of the Independent examiner's report

My examination was carried out in accordance with the General Directions given by the charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken

do not provide all the evidence that would be required in an audit, and consequently no

opinion is given as to whether the accounts present a ' true and fair view ' and the report is limited to those matters set out in the statements below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material respect, the requirements
to keep accounting records in accordance with Section 130 of the 2011 Act: and
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 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.

TIME TAX Chartered Certified Accountants 69 Steward Street Birmingham B18 7AF

The date upon which this report was completed is :-

10/05/2022

BLIND AMBITION Statement of Financial Activities for the year ended 31 March 2021

	Unrestricted	Restricted	Total	Last Year
	Funds	Funds	Funds	Total Funds
Notes	2,021	2,021	2,021	2,020
	£	£	£	£
Incoming resources
*Incoming resources from generated funds*
Voluntary Income	41,244	-	41,244	26,843
Activities for generating funds	-	-	-	-
*Other Incoming Resources*	-	-	-	-
Total incoming resources	41,244	-	41,244	26,843
*Costs of generating funds*
Costs of generating voluntary income	-	-	-	3,815
Fundraising trading - costs of goods and other costs	-	-	-	-
Investment management costs	-	-	-	-
*Costs of operating activities*	32,658	-	32,658	31,068
*Auditors' remuneration*	-	-	-	-
Total resources expended	32,658	-	32,658	34,883
Net incoming resources/(net outgoing resources)
before transfers between funds	8,586	-	8,586	(8,040)
Gross transfers between funds	-	-	-	-
Net incoming resources/(net outgoing resources)	before
Other recognised gains and losses	8,586	-	8,586	(8,040)
Other recognised gains and losses
Net movement in funds	8,586	-	8,586	(8,040)
Reconciliation of funds
*Total funds brought forward*	(10,046)	-	(10,046)	(1,898)
Total Funds carried forward	(1,460)	-	(1,460)	(9,938)

BLIND AMBITION Statement of Financial Activities for the year ended 31 March 2021

Income and Expenditure Account for the year ended 31 March 2021

Turnover Direct costs of turnover Gross surplus/(deficit) Auditors' remuneration Operating surplus/(deficit) Surplus/(deficit) on ordinary activities before tax Surplus/(deficit) for the financial year Gift Aid Payments Retained surplus/(deficit) for the financial year All activities derive from continuing operations	2,021 £ 41,244 32,658 8,586 - 8,586 8,586 8,586 - 8,586	2,020 £ 26,843 34,883
		(8,040) -
		(8,040)
		(8,040)
		(8,040) -
		(8,040)

BLIND AMBITION Statement of Financial Activities for the year ended 31 March 2021

Statement of Total Recognised Gains and Losses
for the year ended 31 March 2021
		2,021	2,020
Excess of Expenditure over income before realisation of assets		8,586	(8,040)
Loss per Profit and Loss account		8,586	(8,040)
Grants for the acquisition of fixed assets		-	-
Net Movement in funds before taxation		8,586	(8,040)
Movements in revenue and capital funds
for the year ended 31 March 2021
Revenue accumulated funds	Unrestricted	Restricted	Total	Last year
	Funds	Funds	Funds	Total Funds
	2,021	2,021	2,021	2,020
	£	£	£	£
Accumulated funds brought forward	(10,046)	-	(10,046)	(1,898)
Recognised gains and losses before transfers	8,586	-	8,586	(8,040)
	(1,460)	-	(1,460)	(9,938)
Closing revenue accumulated funds	(1,460)	-	(1,460)	(9,938)
			£	£

BLIND AMBITION Statement of Financial Activities for the year ended 31 March 2021

Summary of funds	Designated	Unrestricted	Restricted	Total	Last Year
	Funds	Funds	Funds	Funds	Total Funds
	2,021	2,021	2,021	2,021	2,020
Revenue accumulated funds	-	(1,460)	-	(1,460)	(9,938)

BLIND AMBITION Balance Sheet as at 31 March 2021

Notes 2,021 £ *The assets and liabilities of the charity :* Fixed assets Tangible assets 6 - *Total fixed assets* - Current assets Debtors 7 3,392 Cash at bank and in hand 4,307 *Total current assets* 7,699 Creditors:- amounts due within one year 8 (9,159) *Net current liabilities* (1,460) *Total assets less current liabilities* (1,460) Creditors:- amounts due after more than one year - Provisions for liabilities and charges - Net liabilities including pension asset / liability (1,460) *The funds of the charity :* Unrestricted income funds Unrestricted revenue accumulated funds 1,460 - Designated revenue funds - Unrestricted capital funds Designated fixed asset funds - Total unrestricted funds 1,460 - Restricted income funds Restricted capital funds Total restricted funds - Total charity funds (1,460)	2,020 £ - - - 482 482 (10,528) (10,046) (10,046) - - (10,046) 10,046 - - - 10,046 - - (10,046)	2,020 £ - - - 482 482 (10,528) (10,046) (10,046) - - (10,046) 10,046 - - - 10,046 - - (10,046)
	10,046 - - -
		(10,046) - -
		(10,046)
		10,046 - -
		(10,046)

The accounts have been prepared in accordance with the Financial Reporting Standard for Smaller Entities ( April 2008)

AURANGZEB M KHAN Trustee Approved by the board of trustees on 10 May 2022

BLIND AMBITION Notes to the Accounts for the year ended 31 March 2021

1 Accounting policies Basis of preparation of the accounts

The Financial statements are prepared under the purpose scope and application of

SORP and FRSSE 2008 and comply with Financial reporting standard of Accounting Standard Board.

SORP60 states Accounts intending to show a true and fair view must be prepared on the going concern assumptio

SORP61 states In meeting the obligation to prepare accounts showing a true and fair view accruals accounts sho

(a) Statements of Standard Accounting Practice (SSAPs);

(b) Financial Reporting Standards (FRSs);
(c) Urgent Issues Task Force abstracts (UITFs);

and in addition take note of:

(d) The Interpretation for Public Benefit Entities of the Statement of Principles for Financial Reporting

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation of ce

Incoming Resources

Voluntary Income Activities for generating funds

Recognition of liabilities

SORP363 (a) states

The policy for the recognition of liabilities including constructive obligations should be given. Where the liabilities ar

SORP 367 states - The basis for inclusion of stocks and work in progress (where relevant the amount of unsold or

Fixed assets and depreciation

Freehold Property Depreciation @ 2% Reducing Balance Fixtures & Fitting Depreciation @ 20% Reducing Balance Computer Depreciation @ 20% Reducing Balance

BLIND AMBITION Notes to the Accounts

for the year ended 31 March 2021

Surplus/(deficit) for the financial year	2,021	2,020
	£	£
This is stated after crediting :-
Revenue Turnover from ordinary activities	41,244	26,843
and after charging:-
Depreciation of owned fixed assets	-	-
Independent Examiner's Fees	-	-

3 Statement that no expenses were paid to trustees or connected persons

No expenses were paid to trustees or persons connected with them. ( If this is not correct, delete this text to autohide, but ensure the above note is completed)

4	Staff Costs and Emoluments 2,021	2,020
	£	£
	Numbers of full time employees or full time equivalents 2,021	2,020
	Engaged on charitable activities 4	4
	There were no fees or other remuneration paid to the trustees
	There were no employees with emoluments in excess of £60,000 per annum
	Insert text giving details required by SORP 234 on seconded and third party staff etc,outlining the
	arrangements in place, the reasons for them and the amounts involved.delete to autohide

5 Trustees Remuneration

Neither the trustees nor any persons connected with them have received any remuneration, either in the current year or the prior year. Alternatively ' No trustees or persons connected with them, other than those shown above, received any remuneration

6 Tangible functional fixed assets

Freehold Land and buildings £ Asset cost, valuation or revalued amount At 1 April 2019 - Additions - At 31 March 2020 - Accumulated depreciation and impairment provisions At 1 April 2019 - Charge for the year - At 31 March 2020 - Net book value At 31 March 2020 - At 31 March 2019 -	Computer £ - - - - - - - -	Total £ - -
		-
		- -
		-
		-
		-

BLIND AMBITION Notes to the Accounts for the year ended 31 March 2021

7 Debtors Trade debtors Other Debtors Prepaid expenses 8 Creditors: amounts falling due within one year Accrued expenses PAYE and NI Wages Payable Other Loan Deferred income and grants in advance(see note 8) 9 Analysis of the Net Movement in Funds Net movement in funds from Statement of Financial Activities Net resources applied on functional fixed assets Net movement in funds available for future activities	2,021 £ - 3,392 - 3,392 2,021 £ 350 1,210 2,061 5,538 - 9,159 2,021 £ 8,586 -	2,020 £ - - -
		-
		2,020 £ - 583 4,407 5,538 -
		10,528

		2,020 £ (8,040) -
	8,586	(8,040)

Particulars of Individual Funds and analysis of	Particulars of Individual Funds and analysis of	assets and liabilities representing funds	assets and liabilities representing funds	assets and liabilities representing funds
At 31 March 2021	Unrestricted	Designated	Restricted	Total
	funds	funds	funds	Funds
	£	£	£	£
Tangible Fixed Assets	-	-	-	-
Current Assets	7,699	-	-	7,699
Current Liabilities	(9,159)	-	-	(9,159)
	(1,460)	-	-	(1,460)
	£	£	£	£

BLIND AMBITION Notes to the Accounts

for the year ended 31 March 2021

At 1 April 2020 Unrestricted Designated funds funds Tangible Fixed Assets - - Current Assets 482 - Current Liabilities (10,528) - (10,046) - The individual funds included above are :- Funds at Movements 2,020 in Funds as below £ £ (10,046) 8,478 Analysis of movements in funds as shown in the table above Incoming Outgoing Resources Resources £ £ 41,244 32,658	Restricted funds - - - - Transfers Between funds £ - Gains & Losses £ -	Total Funds - 482 (10,528)
		(10,046)
		Funds at 2,021 £
		(1,460)
		Movement in funds £
		8,478