Trustees’ Annual Report for the period
From: 1[st] April 2022 To 31[st] March 2023
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. A partnership with Premiership Rugby has also evolved, again through funding support from Sport England which is seeing the development of ‘Project Rugby’ at 13 clubs and foundations across England – with the aim of supporting more women and girls from diverse backgrounds to get involved with Rugby Union. 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 and our Tackling Inequalities fund and Together Fund 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
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | |
| Amount of reserves held | Para 1.22 | |
| 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 |
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 | ||
| Chandni Vora | Appointed on 23/08/22 | Board of Trustees | ||
| Hamant Verma | Board of Trustees | |||
| Janet Inman | Board of Trustees | |||
| Dr Mansoor Khan | Board of Trustees | |||
| RajRandhawa | Appointed on 21/04/22 | Board of Trustees | ||
| JungWoo Lee | Board of Trustees | |||
| Shazia Ali | Appointed on 21/07/22 | Board of Trustees | ||
| Richard Parnell | CompanySecretary | Board of Trustees | ||
| Halima Khan | Resigned on 07/07/22 | 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 |
Jug Johal | |
|---|---|---|
| Jug Johal | ||
Chairman |
||
| 20/01/24 | ||
| 20/01/24 |
Statement of financial activities for the year ended 31 March 2023
Income and expenditure account
Asian sports foundation Registration Number: 10732364
| Notes | 2022-2023 | 2021-2022 | 2020-2021 |
|---|---|---|---|
| Un-restricted Funds Restricted Funds Total £ £ £ |
Un-restricted Funds Restricted Funds Total £ £ £ |
Un-restricted Funds Restricted Funds Total £ £ £ |
|
| Income from Lottery Funding Other Funding Net Income available for charitable purposes Charitable expenditure Project delivery Professional fees Marketing 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 |
- 124,000 124,000 49,500 49,500 - - |
- - - - |
150,000 150,000 - - |
| - 173,500 173,500 - 156,134 - 156,134 - 154 - - 154 - - - - 158 - - 158 - 64 - - 64 - - - - |
- - - - 60,478 - 60,478 - 154 - - 154 - - 1,000 - 1,000 - 198 - - 198 - 64 - - 64 - 400 - 400 |
- 150,000 150,000 - 71,950 - 71,950 - - - - 216 - - 216 - - - - 64 - - 64 - 767 - - 767 - |
|
| 375 - 156,134 - 156,509 - |
15 - 61,478 - 61,493 - |
1,047 - 71,950 - 72,997 - |
|
| 375 - 17,366 16,991 |
15 - 61,478 - 61,493 - |
1,047 - 78,050 77,003 |
|
| 1,771 48,617 50,388 1,396 65,983 67,379 |
1,786 110,095 111,881 1,771 48,617 50,388 |
2,833 32,045 34,878 1,786 110,095 111,881 |
Approved by the Board on 16th November 2023 And signed on their behalf by:
Jug Johal, Director Paul Corlass, Treasurer
Statement of financial position as at 31 March 2023
Statement of financial position
Asian sports foundation Registration Number: 10732364
| Notes | Un-restricted Restricted Total £ £ £ 2022-2023 |
Un-restricted Restricted Total £ £ £ 2021-2022 |
2020-2021 |
|---|---|---|---|
| Un-restricted Restricted Total £ £ £ |
|||
| 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 - - 1,396 65,983 67,379 1,396 65,983 67,379 - 1,396 65,983 67,379 65,983 65,983 1,396 1,396 1,396 65,983 67,379 |
- - - - - - 0 0 0 - - 1,771 48,617 50,388 1,771 48,617 50,388 - 1,771 48,617 50,388 48,617 48,617 1,771 1,771 1,771 48,617 50,388 |
- - - - - - |
| 0 0 0 - - - - - - 1,786 122,095 123,881 |
|||
| 1,786 122,095 123,881 - 12,000 - - |
|||
| 1,786 110,095 111,881 |
|||
| 110,095 110,095 1,786 1,786 |
|||
| 1,786 110,095 111,881 |
|||
Approved by the Board on 16th November 2023
And signed on their behalf by:
Jug Johal, Director Paul Corlass, Treasurer
Statement of financial activities for the year ended 31 March 2023
Income and expenditure account
Asian sports foundation Registration Number: 10732364
| Notes | 2022-2023 | 2021-2022 | 2020-2021 |
|---|---|---|---|
| Un-restricted Funds Restricted Funds Total £ £ £ |
Un-restricted Funds Restricted Funds Total £ £ £ |
Un-restricted Funds Restricted Funds Total £ £ £ |
|
| Income from Lottery Funding Other Funding Net Income available for charitable purposes Charitable expenditure Project delivery Professional fees Marketing 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 |
- 124,000 124,000 49,500 49,500 - - |
- - - - |
150,000 150,000 - - |
| - 173,500 173,500 - 156,134 - 156,134 - 154 - - 154 - - - - 158 - - 158 - 64 - - 64 - - - - |
- - - - 60,478 - 60,478 - 154 - - 154 - - 1,000 - 1,000 - 198 - - 198 - 64 - - 64 - 400 - 400 |
- 150,000 150,000 - 71,950 - 71,950 - - - - 216 - - 216 - - - - 64 - - 64 - 767 - - 767 - |
|
| 375 - 156,134 - 156,509 - |
15 - 61,478 - 61,493 - |
1,047 - 71,950 - 72,997 - |
|
| 375 - 17,366 16,991 |
15 - 61,478 - 61,493 - |
1,047 - 78,050 77,003 |
|
| 1,771 48,617 50,388 1,396 65,983 67,379 |
1,786 110,095 111,881 1,771 48,617 50,388 |
2,833 32,045 34,878 1,786 110,095 111,881 |
Approved by the Board on 16th November 2023 And signed on their behalf by:
Jug Johal, Director Paul Corlass, Treasurer
Statement of financial position as at 31 March 2023
Statement of financial position
Asian sports foundation Registration Number: 10732364
| Notes | Un-restricted Restricted Total £ £ £ 2022-2023 |
Un-restricted Restricted Total £ £ £ 2021-2022 |
2020-2021 |
|---|---|---|---|
| Un-restricted Restricted Total £ £ £ |
|||
| 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 - - 1,396 65,983 67,379 1,396 65,983 67,379 - 1,396 65,983 67,379 65,983 65,983 1,396 1,396 1,396 65,983 67,379 |
- - - - - - 0 0 0 - - 1,771 48,617 50,388 1,771 48,617 50,388 - 1,771 48,617 50,388 48,617 48,617 1,771 1,771 1,771 48,617 50,388 |
- - - - - - |
| 0 0 0 - - - - - - 1,786 122,095 123,881 |
|||
| 1,786 122,095 123,881 - 12,000 - - |
|||
| 1,786 110,095 111,881 |
|||
| 110,095 110,095 1,786 1,786 |
|||
| 1,786 110,095 111,881 |
|||
Approved by the Board on 16th November 2023
And signed on their behalf by:
Jug Johal, Director Paul Corlass, Treasurer