## **Trustees’ Annual Report for the period** ## **From 1[st] April 2020 To 31[st] March 2021** **Charity name:** Asian Sports Foundation **Charity registration number:** 1176146 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To promote community participation in healthy
recreation by providing facilities for the playing
of sports capable of improving;
To provide and assist in providing facilities for
sport, recreation or other leisure time
occupation of such persons who have need for
such facilities by reason of their youth, age,
infirmity or disablement, poverty or social and
economic circumstances or for the public at
large in the interests of social welfare and with
the object of improving their conditions of life;
To promote equality and diversity in sport for
the public benefit in the united kingdom by:
Working towards the elimination of
discrimination on the grounds of race;
Promoting the participation and integration of
members of ethnic minority migrant and refugee
communities in sport;
Advancing education and raising awareness in
equality and diversity;
Conducting or commissioning research on
equality and diversity issues and publishing the
results to the public; and
Promoting ethical standards of conduct and
compliance with the law in relation to race
relations and racial equality| |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|To promote community participation in healthy
recreation by providing facilities for the
playing of sports capable of improving health
To provide and assist in providing facilities for
sport, recreation or other leisure time
occupation of such persons who have need for
such facilities by reason of their youth, age,
infirmity or disablement, poverty or social and
economic circumstances or for the public at| |||large in the interests of social welfare and with
the object of improving their conditions of life;
To advance the education of children and
young people through such means as the
trustees
Think fit in accordance with the law of charity.
To promote equality and diversity in sport for
the public benefit in the united kingdom by:
working towards the elimination of
discrimination on the grounds of race;
promoting the participation and integration of
members of ethnic minority migrant and refugee
communities in sport;
advancing education and raising awareness in
equality and diversity;
conducting or commissioning research on
equality and diversity issues and publishing the
results to the public; and
promoting ethical standards of conduct and
compliance with the law in relation to race
relations and racial equality| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|All Trustees are issued Charities
Commission Guidance Documents for
Trustees on appointment| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference **NIL** Para 1.38 Policy on grant making **NIL** Para 1.38 Policy on social investment including program related investment **NIL** Para 1.38 Contribution made by volunteers **NIL** Other ## **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 Asian Sports Foundation through**
**continued funding from Sport England**
**have been able to support new groups**
**and individuals to deliver projects**
**aimed at providing opportunities to take**
**part in sport and physical activity.**
**These projects have focused on**
**supporting more women and girls to**
**take part in sport and physical activity**
**and are up and running in London,**
**Bradford, Rotherham, Birmingham,**
**Manchester, Leicester and London.**
**The charity has also refreshed its**
**strategy and is in the process of**
**finalising plans for future growth.**| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |Achievements against
objectives set|Para 1.41|**Our work with Sport England continues**
**to progress, the Family Fund project has**
**been completed successfully and our**
**tackling Inequalities projects are on**
**track.**| |Performance of fundraising
activities against objectives
set|Para 1.41|**Grant-funding remains a challenge,**
**however we have had good success to**
**date whilst also looking to develop the**
**training provision element of the charity.**| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity commenced the 2020-21
financial year with £34,878 of funds brought
forward from 2019-20, £2,838 being
unrestricted and £32,045 being restricted
funds.
The charity has successfully secured
£150,000 of additional funding during the
2020-21 financial period. This funding has
been received from the national lottery via
Sport England to further support new
sporting initiatives and help tackle
inequalities.
Total expenditure of £77,003 has been
incurred during the period, primarily linked
to the delivery of the Sport England
projects highlighted above.
The net income position recorded for the
charity during the year was therefore
£77,003, resulting in £111,881 of net funds
to be carried forward into the 2021-22
financial period. The funding carried
forward is committed with the delivery
partners to deliver the objectives within the
Sport England programme. This is in line
with the phasing of the programme.| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The charity held £111,881 in reserves on
31stMarch 2021. This is primarily due to
the timing of the programme deliverables.
The charity expects, in line with the
business case, to commit all funding
secured to support delivery of the
programme objectives.| |Amount of reserves held|Para 1.22|£111,881| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|There are no uncertainties around the
charity continuing as a going concern. The
charity continues to create new
partnerships and has a number of active
grant bids in progress. The inequalities
agenda is increasingly becoming more of a
global priority which is likely to result in
increased funding to support this through
the charity.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|Grant Funding: currently through Sport
England.| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|Failure to secure additional funds and more
diverse funding streams would be a risk
currently facing the charity.| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Memorandum and Articles incorporated 02
August 2016 as amended by special
resolution registered at Companies House
on 17 Nov 2017| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Company Limited by Guarantee| |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|All Trustees are appointed formally through
Trustees Board Meetings| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|**NIL**| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**NIL**| |Relationship with any
related parties|Para 1.51|**NIL**| |Other||**NIL**| ## **Reference and Administrative details** |Charity name|Asian Sports Foundation| |---|---| |Other name the charity uses|N/A| |Registered charity number|1176146| |Charity’s principal address|71-75 Shelton Street
London
WC2H 9JQ| ||| ## **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)**| |---|---|---|---|---| ||JugdeepJohal|Chair||Board of Trustees| ||Sat Nijjer|Vice-Chair||Board of Trustees| ||Paul Corlass|Treasurer||Board of Trustees| ||Richard Parnell|Secretary|17.04.20|Board of Trustees| ||Halima Khan|||Board of Trustees| ||Janet Inman|||Board of Trustees| ||Dr Mansoor Khan|||Board of Trustees| ||Sukhraj Singh
Athwal|||Board of Trustees| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – 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**|| |---|---|---| |**N/A**||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets NIL held in this capacity Name and objects of the NIL charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for NIL safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| **Name of chief executive or names of senior staff members (Optional information)** Angus Martin ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **NIL** ## **Other optional information** **NIL** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|J. Johal|| |---|---|---| ||Jugdeep Johal|| ||
Chair|| ||27/01/22|| ||27/01/22|| ## Statement of financial activities for the year ended 31 March 2021 Income and expenditure account Asian sports foundation Registration Number: 10732364 |Notes|**2020-2021**|**2019-2020***| |---|---|---| ||Un-restricted Funds Restricted Funds
**Total**
£
£
**£**|Un-restricted Funds Restricted Funds
**Total**
£
£
**£**| |Income from
Lottery Funding
**Net Income available for charitable purposes**
Charitable expenditure
Project delivery
Professional fees
Publicity
Subscription Fees
Insurance
Other
**Total charitable expenditure**
Net charitable income
Reconciliation of funds
Funds brought forward from previous year
Total funds carried forward
Other Donations|150,000
**150,000**
-
**-**|50,000
**50,000**
5,000
**5,000**| ||**-**
**150,000**
**150,000**
-
71,950
-
**71,950**
**-**
-
-
**-**
216
-
-
**216**
**-**
-
-
**-**
64
-
-
**64**
**-**
767
-
-
767
-|**-**
**55,000**
**55,000**
-
42,550
-
**42,550**
**-**
350
-
4,500
-
**4,850**
**-**
-
465
-
**465**
**-**
43
-
-
**43**
**-**
64
-
-
**64**
**-**
400
-
-
400
-| ||1,047
-
71,950
-
72,997
-|857
-
47,515
-
48,371
-| |||| ||**1,047**
**-**
**78,050**
**77,003**|**857**
**-**
**7,486**
**6,629**| ||2,833
32,045
**34,878**
1,786
110,095
**111,881**|3,690
24,559
**28,249**
2,833
32,045
**34,878**| * Restated following re-categorisation of funding Approved by the Board on 19th January 2022 And signed on their behalf by: Jug Johal, Director Paul Corlass, Treasurer Statement of financial position as at 31 March 2021 Statement of financial position Asian sports foundation Registration Number: 10732364 |Notes|Un-restricted
Restricted
**Total**
£
£
**£**
**2020-2021**|Un-restricted
Restricted
**Total**
£
£
**£**
**2019-2020***| |---|---|---| |Fixed assets
Tangible assets
**Total fixed assets**
Current assets
Inventories
Debtors
Cash and cash equivalents
**Total current assets**
Liabilities
Creditors
**Net assets**
Represented by:
Restricted income funds
Unrestricted income funds
**Total funds**
Investments|-
-
-
-
-
-
**0**
**0**
**0**
-
-
-
-
-
-
1,786
122,095
**123,881**
**1,786**
**122,095**
**123,881**
-
12,000
-
**12,000**
**-**
**1,786**
**110,095**
**111,881**
110,095
**110,095**
1,786
**1,786**
**1,786**
**110,095**
**111,881**|-
-
-
-
-
-
**0**
**0**
**0**
-
-
-
-
-
-
2,833
32,045
**34,878**
**2,833**
**32,045**
**34,878**
-
-
-
**2,833**
**32,045**
**34,878**
32,045
**32,045**
2,833
**2,833**
**2,833**
**32,045**
**34,878**| |||| * Restated following re-categorisation of funding Approved by the Board on 19 January 2022 And signed on their behalf by: Jug Johal, Director Paul Corlass, Treasurer ## **Independent Examiner’s Report to the Trustees of Asian Sports Foundation Registration Number: 10732364 Charity Number: 1176146 Annual Accounts for the period to 31[st] March 2021** I report to the trustees on my examination of the accounts of the Asian Sports Foundation for the year ended 31 March 2021. ## **Responsibilities and basis of report** As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Signed: Name: Vanessa Biffen Relevant professional qualification or membership of professional bodies (if any): The Chartered Institute of Management Accounts (CIMA) Address: 8 Fleming Court, Apley, Telford, Shropshire, TF1 6DR Date: 21[st] January 2022