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
1
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.
2
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**
3
**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
4
## **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)**|
5
## **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)|
||||
6
## **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)|
||||**£**|**£**|
7
## **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)|
8
**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**
9
## **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
10
## **BLIND AMBITION Notes to the Accounts**
**for the year ended 31 March 2021**
|**2**|**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**
**£**
-
-|
|---|---|---|
|||-|
|||-
-|
|||-|
|||-|
|||-|
11
## **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)|
|**10 **|**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)|
|||**£**|**£**|**£**|**£**|
12
## **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|
13