## **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