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2025-03-31-accounts

Trustees’ Annual Report for the period

From: 1[st] April 2024 to 31[st] March 2025

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
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 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
Para 1.17 and
1.19
To promote community participation in
healthy recreation by providing facilities for
benefit, in particular, the
activities, projects or
services identified in the
accounts.
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.
Successfully securing funding from Sport
England to recruit a CEO and programme
manager for a 3 year term.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Achievements against
objectives set
Para 1.41 Our work with Sport England continues to
progress and our Tackling Inequalities fund
and Together Fund have finished.
Recruitment of CEO and Programme
manager undertaken for terms to begin
April 2025
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 The charity received £65.5k of lottery
funding during the 2024/2025 financial
period relating to the first payment of a
Sport England funded project. The charity
was awarded £359k from Sport England to
support the ‘Capacity, Resource and
Sustainability’ project which commenced
during the period and is to be delivered by
November 2027.
These are restricted funds specifically
required to deliver the objectives of the
programme.
The charity incurred £19.37k of expenditure
during the period, £18.5k of project delivery
costs and £0.870k linked to on-going
running costs of the charity (insurance,
marketing).
The charity therefore recorded a positive
net charitable income position of £46.130k
during the period which will be carried
forward into 2025/26 to deliver the
objectives of the Sport England lottery
funded programme.
The overall position, taking account of the
funds brought forward from 2023/2024, is
funds to be carried forward of £62.717k of
which £55k are restricted and £7.717k of
unrestricted.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The financial position, including reserves, is
presented at the charities quarterly Trustee
meeting and approved annually and
presented at the annual general meeting.
The majority of reserves held relate to the
timing of lottery funded projects which span
financial years. There is a small amount
(£7.717k) of unrestricted reserves carried
forward to support future essential running
costs of the charity.
Amount of reserves held Para 1.22 £62,717
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

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Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee(if any)
JugdeepJohal Chair Board of Trustees
Sat Nijjer Vice-Chair Board of Trustees
Paul Corlass Treasurer Board of Trustees
Chandni Vora Board of Trustees
Hamant Verma Board of Trustees
Janet Inman Board of Trustees
Dr Mansoor Khan Resigned on 23/11/24 Board of Trustees
RajRandhawa Resigned on 11/12/24 Board of Trustees
Shazia Ali Resigned on 31/03/25 Board of Trustees
Richard Parnell CompanySecretary 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
22/01/26
22/01/26

Statement of financial position as at 31 March 2025

Statement of financial position Asian Sports Foundation Registration Number: 10732364

----- Start of picture text -----
2024-2025 2023-2024
Un-restricted Restricted Total Un-restricted Restricted Total
Notes £ £ £ £ £ £
Fixed assets
- - - - - -
Tangible assets
Investments - - - - - -
Total fixed assets 0 0 0 0 0 0
Current assets
Inventories - -
Debtors - 4,000 4,000
Cash and cash equivalents 62,717 62,717 1,164 29,317 30,481
Total current assets 0 62,717 62,717 1,164 33,317 34,481
Liabilities
Creditors - 3,400 14,494 17,894
Net assets 0 62,717 62,717 -2,236 18,823 16,587
Represented by:
Restricted income funds 55,000 55,000 18,823 18,823
Unrestricted income funds 7,717 7,717 8,587 - 10,823 - 2,236
Total funds 7,717 55,000 62,717 8,587 8,000 16,587
----- End of picture text -----

Approved by the Board on 27th November 2025

And signed on their behalf by:

Jug Johal, Director Paul Corlass, Treasurer

Statement of financial activities for the financial period ended 31 March 2025

Income and expenditure account

Asian Sports Foundation Registration Number: 10732364

----- Start of picture text -----
2024-2025 2023-2024
Un-restricted Un-restricted
Funds Restricted Funds Total Funds Restricted Funds Total
Notes £ £ £ £ £ £
Income from
Lottery funding 65,500 65,500 -
Other funding - 2,500 8,000 10,500
Other donations - -
Net Income available for charitable purposes - 65,500 65,500 2,500 8,000 10,500
Charitable expenditure
Project delivery - 18,500 - 18,500 - - 55,160 - 55,160
Professional fees - - - -
Marketing - 636 - 636 - 5,733 - - 5,733
Subscription fees - 154 - 154 - 319 - - 319
Insurance - 81 - 81 - 81 - - 81
Other - - -
Total charitable expenditure - 870 - 18,500 - 19,370 - 6,132 - 55,160 - 61,292
Net charitable income - 870 47,000 46,130 - 3,632 - 47,160 - 50,792
Reconciliation of funds
Funds brought forward from previous year 8,587 8,000 16,587 1,396 65,983 67,379
Transfer - 10,823 - 10,823 -
Total funds carried forward 7,717 55,000 62,717 8,587 8,000 16,587
----- End of picture text -----

Approved by the Board on 27th November 2025

And signed on their behalf by:

Jug Johal, Director Paul Corlass, Treasurer

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Charity Name Asian Sports Foundation On accounts for the year 31[st] March 2025 Charity no 1176146 ended (if any) Set out on pages Pages 4-5 of the “ASF Annual Report Jan 2026” and pages 1-2 of the ASF 2024-25 Accounts Final” (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 03 / 2025.

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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.

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: J Booth Date: 29/01/2026 Name: James Booth Relevant professional ACCA (Association of Chartered Certified Accountants) qualification(s) or body (if any): Address: 7 Woodside Mews, Meanwood, Leeds, West Yorkshire, LS7 2UP

1

Oct 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

No disclosures

2

Oct 2018

IER