REGISTERED CHARfry NUMBER: 1182609 REPORT OF THE TRUSTEES AND uNAUDE0 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR ASIAN WELFARE AND CULTURALASSOCiITION Underwood Barron LLP Monks 8rook House 13- 17 HUr5Y Road Chandlers For¢ Easllelgh Hampshire S053 2FW
ASiINWELFARE A CULTURALASSOCIATION CONTENTS OF THE FINAN¢L4L STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Pag• Report ot th¢ Tnth8 statement of FinanGial A¢UvWe 8alan¢È Sheet Notes toth¢ Flnanclal Statements Detsiled $14temerf of Flnanclal Activilks 10
ASIAN YLFARE AND CULTURAL ASSOCIATW)N REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Th8 trusteas pre8enl Ihwr report Ihe ffftanual statements vf the for th8 year eThd 31 MarGh 2024. T tru818e8 have adopted the pon$ of Accounting and Reporting by Charities.. Statement of Recommended Pr8Ctic8 appcab to chariti&s prepatkng thelr accounts in aCt0rdan wlh Ihe Fianaal Reportirg star3rd app1¢9ble in tha UK snd Republic of Ireland (FR$ 1021 leff0ct¢ 1 January 20191. OBJECTWÉS AND ACTMTIES ObleGts•s and alms To promote the heatth, weW8re ond GuIELwe ofAsian peoF48 Wthin the Borwgh of EBstlety)h. The Chanvs Obie¢t$". To fvTth8r suth chattiablp purppses for the bengfrt of Asian t¢mn in the Borouli of EaStigh, Hampshire, as the committee delemiines Irom timè lotim8, In partlGubr but not ex¢luSi ty.. 1. Prornoling health and 1ba]ng. 2. Advancing public educalion. in its wblesl sense. in p8rticular in arts of traditKinal Asian MUSK. drama dance. 3. Advancing publlc education, in its wdest sense. In particular ¢ncreasing Understsln9 8nd aware$5 of dffterent ¢ulture$. 4. Tha relief of FeTrOllS who It) newj. ACIEVEMENT AND PERFORMANCE Chawltabl• Asran Eers, Droln Sessions The weekty Droln 58ssion$ We held on 50 weoks of the year and there was an average attendct of 25 mw))b&rs per session. Te8, coffee. Soft tjrinks and food were availaNe each week for811 attenthng the Dropln ses$kJns. InformatpJn wa¥ $hared wfth Iha group cn a range of tssues indud¥ig the UK Governmenfs Emergen¢y Alam) test in pril 2023. the need to (rry Photo ID when voting Sn elèctlons and opportunities for PSA Test wtsrtiT speakers 10 lh& group Included Bult8nlies Pereavem8nt Support, Andover Mind So¢lal Presctriters from the local Heallh C&nlr¢s Ten MberS toc& parl in a Gon$uttalton with Haryshiwe Fire & Rescue SeNkÈ 8ThJ memters IfX)k part in ongcing con8uHatKin sessknrns wth R¢lsh Research wort(ing on behaff of Southem Wa4er. Members tl8bralad IFE fe8twals of Dlval. Vaisakhi, Eid and Chrktfflas and organlsed blps lo th? annual Eastleh Gvtkha Nepalese Assock81ion IEGNAI event at Hilier Gardens In May 2023 and ta the wse1CuSe, Lee on Sont li Juty 2023 The aIsAPp Support group and mtha1pp Mela group continued lo be popukT Ihe rnembernNp. Thi8 was esp8Gk41ty important to thoso who byere unabk lo $tttrnd the group because of heallh Sues. AA member6 organlsed and don8ted towards fvvo fve COMMlty MaalB hald in 2023. Thèse te place at lunchtime5 in a large m3Tquet In the MaffKet place in EaStIgh Town Centre.. AWCA collaborated wlh Easlteigh Borough Council on 7th June 2023 lo deler a Coronation Communty Meal when approxim818ty 500 people were fed. Th? 2nd free Community Meal was held on 27th October with appr0MatelY 400 people attending. The Communty Mea15 from the support of Ea5tlet9h Borough Coundl, EastIgh Rotary, EGNA. Age Concern EaStigh, Sanjha Restaurant and Curry On Vvheels. AWCA Members donate toward$ the cost of the Communty Meal. The Life President. Shanker181 Sth8naklya donat&d £500 towards the Communty in Mory of his wrfe Daya No charges are made at the Communty Meals but peopk ¢ften asked about rnthlng a donation. In June members oftho public donated toward5 Ihe East[gh Ba5KS Bonk. and in Odober £100wa¥ donated to the M8yo¢s 1Pal AWCA had sta15 at tho Fry8m Funla6ia in May 2023 and at Ea$lkigh Piyje In October 2023. membe $¢4 look part in the Cht$¢ A$so¢iab'on of Soulhampton'B Lanlgrn F0$twal hdd in Easleigh on 23rd F8bruary 2024. The CoQhais of TnJst8es represented IhB AWGA 81 the Remornbrancè S&Ni¢e In November20ZJ and al thg Chin&so Newyear c8bratlTh5, 1(kh Febww 2024 ITr Southampton M¢Pa 2023 AWnA's main event was the 2023 Mo1# whlth was hebj In July wth a full pwramme of entertainment, activitie5 and $1811s. Over 10,OCM) Peop allended. Thp AWCA wlsh to thank all the $pM$tsrn olthe Mela.. Eastk>Jh Borough Counial Hampshire Constabulary. Hamp$hlre County Counol, Hamp8hiTe & l$le of V4fighl Fire & Rescue Servité. Underwood 8arron Accountants. Sanlha, RSW Sound, Yau Br05. Allbrook Parish Counul and The Mortgage Slop. EGNA aThJ Ea51kn'gh Rotary hej lo mshal the event. Dh¢rsty Dinner & AwaRIs Saptember 2023 Ihe return of th8 AWCA'5 DNwsty Awatds a ¢eatOry dinnerwa5 hèld al Eastjh Football Club. The previou$ Award8 evening was trId JBnuory 2020- and Ic¢kdo*n$ provenled Ihe charlty frcm hrffjjing Ihi5 event in 2021 and 2022. Page I
ASIAN WELFARE AND CULTURAL ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMENT AMD PERFORPAANCE Internal and extem¥l tactovs Amongst the rllany bereavements which touched Ihe AA in thi$ rIod were the1058 ef of the founding members ¢fthe Assouation Mohammed Mossadaq OBE in June 2023 and Shankgrtal Slhanaktya, AVA Lrf• PrOdni, In D8ceftJer 2023. Awaid$'. In May 2023 Mohammed Mosgad4 was awardel Ea5lewh Crtizen ofHonour. Al the HaTnp$hire Foolb211 Association Gra55roots Awards tn Juty 2023 AWCAwere presentad wilh an Equality, DerSty and In¢lusion Hèrees award. Jean Rob8rtS-Jones, Co£hair of Irusle25. Was award¢d o Brittsh Empire m81 (SEMI in the January 2024 New Year Honours L18L FINANCIAL REVIEW Financial position FinanciHI position The results forlhe yaar are 88t out in IhB St8i•Tn•nt olflnan¢lal actttle$. Mwn achievements ofthe charty - Promoting heatth and wdl.being. AdvanGiDg publc education, in its wklest sense, in particul8r in the ¢ftr8ditkin81 Asiqn music, and dante. Advanclng publlc education, In 115 wid851 s•ns•, in partityjlar Increasing uThderslanding and awareness rf drffer¢nt cuttur68. -Tho r8lk?f of p?T8ons who in need. riig the year AWCA r8cèiv8d grarbts as listed on page 10 of Ihe a¢¢ount$ of£7,1201202X10,250.001. Donatti)ns and sponsorships recew during IhÈyearwas ££4,61812023-£4,2811. Reserves policy Charity CDmmissi¢n Guidance defines free re8eN•s as irKx)me. whl¢h be¢ome$ avalhbk to th& Charity and 1$ to be •xpended al the Irusleas, dCretiOn in fvrtheran of tho Chority's 049¢1$, but 18 nol snt, committed or deSIg01ed. The Charty has free reserves of £36,028 12023 - £45,498) and Building funds of £125.525 121r23 - £123.6091 at the balance sh88t dale. This 1$ nSIdered bylhe trust888 8% SLfficienl lo co¥erexpo exponditur• In th8 shortto medium term. STRUCTURE, GOVERNANCE AND MANAGEMENT Govomlng document The charity Is conlrolkd ty Ms govorning do¢um8111. a d&ed of trust and Con5tuteS an unlrKorp¢rated ¢harity. The charity is controlled by tts govèmsng document, 8 de•d of Irust and con$titulo$ an IrwrpL¥at8d charity also known as a Charilabk Inrated Organisation ICIOI regiytered &th tt Regi$tr8r of ClPanies.. Recrultment and appolntmgnt of n•w trustèes Wnen ioquired, new Iwsl80s will be appoinled by the Board of truste85 in ord•r lo pr0dethÈ Board Lith tha apprcprk8le balance ol expertise and experfence. D8ts11s of trustees grtd thoir #d$01$ are l&led on page 1 of report. Pa9e 2
ASIAN YIELFARE AND CULTURAL ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 hlARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT AWCA manMent Commltteo CHAIR.. Cllr. Dar&han Mann SECREfRY'. M5. Sapng Singh TrEASURER'. Mr. H&tho NondhTa AWCA Cornmittee MernteTS Mrs Kaths Patel, Mrs Damy8nte Dave, Mr Ratilal Modha, Mr5 Sy5hila Modha, Mr Jaidav Kenlh. Mrs. Surinder Kenth, MrÈ. Indfrosét Talhgar, Mrs Kaml&8h Vadgama. Mr ¢handrakant Joshi, Ms Chhaya Joshl, MrA. Rokhra and Mr Mi¢hao1 Ng Advisors Mukhtiar Gll and Alan Coc Rajnl 881 So¢HI medig and website Easlkigh Borough CounGil Ourlhankg go to MrTonmgy Kumar and Mr H¥h410n Nandhra for Ihelr hard wort in proparing the accounts. The Trlee$ 8Te very gratefil to Rairy Bali (EBCI fer 811 her 8UPPOrt. We would aL4D like to aCknedge and Ih8nk 411 Ihe voluntaeis for fftr hard work. line and commitment throughout Ihe year. thatWhlch the A5SOO4tion would not t¢ as SUCC855ful. M$ CwDline W411# moved out oftha ar¢8 durSng Ihis y8arat)d reslgned as a Iwslfje forthe charity. TN$t¢o Me¢tlngs The Trustees have hekl 7 vktU81 maetings and 3 per¥on meelog$. 2023 AGM Follwng Ihg th.3pIon by Covid lu¢kdown$ tho AGM ha5 now roturned to ils nomal sequenea in the annual cndar of events. The 2023 AGM was held in person and deINe Urdu. Punlabi and English. The atcounls and annua report forthe preTrrious year, April 2D22 to March 2023. We submlttsd on lime to the Charity commiss, REFERENCE AND ADMINISTRATive DAlLs gi$t*td Charlty number 1182609 llincipal address 18 Port&ou$ Qrnsi£nt chandr5 Ford Eastlelyh Hampshwe S053 2DH Tru$t¢es rs J E Roberts4ows M Thomton Mrs A Akhtar Mrs P R Stalh Mrs C Wallacg Dsmann T Kumar Appioved by oTdEr ¢fthe board oftru8t•e5 on 28 SepteTTthr 2024 and signed on ils behaifby. Mws J E RCl)ertS-Jor-TFustee Pagè 3
ASIAN WELFAREAND CULTURALASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AiARCH 20 31.3.24 Total funds 31.323 Tolsl frJn(*B Unrestricted fund5 ReStrted fund Notes INCOklE AND ENDOWMENTS FROM DonaliDn5 and Ipga¢ies 13.695 13.695 16.137 Invesent In¢0 S58 Total 13.783 15.699 EXPENDITURE ON Charltablo activitie5 Mela G•nor•l 11.515 11.062 11,515 11.062 8.942 5.883 Other 676 676 Totsl 23.253 16.438 NET INCOMEIIEXPENDITUI 19,4701 1,916 17,5541 257 RECONCILiATK)N OF FUNDS Toial fuThd$ broughtfoward 45,498 123,609 169,107 168.850 TOTAL FUNDS CARRIED FORWARD 36 028 125.525 169107 The nots8 feTm part ofthes& finan081 slateménts Page 4
ASIIN WELFARE AND CULTLMAL ASSOCIAT BALANCE SHEET 31 MARCH 2024 31.3.24 Total nds 31.3.23 Total fvnds Unr8slricted fvnds RestrE fund Notes FIXED ASSErs Tangle a8sels 452 452 679 CURRENT ASSETS Debtors Cash al bank 1.60D 159.501 125.525 168 428 35,576 125,S2S 161,101 168.428 CREDITORS Amounts falling due Iwthin ¢Yoar NET CURREMf ASSETS 125 525 lei 101 188 428 TOTAL A$SEfs LESS CURRENT UABILITIES 36.028 125,525 161,553 169,107 NET ASSFrs 125 525 161 553 169.107 FIJNDS UnTe5tricted ld5 Restric fvnds 36.028 125 525 45,498 123.609 TOTAL FUNDS 169 107 The finanaal 5taternents wtre approved by the Board of TNStee$ 8nd auihori8ed for k88ue On 26 Septomb&r 2024 and *re $vJn?d on it5 bEhaWby'. J E ROb•tsOne-TrUStee AAkhtar-Tru$lee Th8 note5 forn part of Ihe$e financial staièmènis Page 5
ASIAN WELFARE AND CULTURAL ASSOCIATION NOTES TO THE FINANCIAL $TATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUIUINO POUCIES Ba$ls of preparfng tho flnancial ¥lalements The fin8ncial statemen15 of the charily, which b a publlc benefit entity under FRS 102, have beeA prepared In accordance with the Chariti¢s SORP IFRS 1021 'Accovnting and Repgrting by Charities.. Slalern8nl of Recommended Praolio applicable to chanties preparing their acGounts in a¢¢ordance wlh the Financ1 Reporting Standard applicable In the UK and Republic of Ireland IFRS 102118fFecliv8 1 January 20191,, FinarKwl Reporting Stsndard 102 The Financigl Reporting Standard appli¢4ble In the UK and RepublL of Ireland, #nd th• Ch4rilEs Art 2011. The finan£ial sta18ments have been prered under the hi%tori¢al cosl Convent Income l income 15 recogni$ed in ihe Slatem8nl of Financial ActNrfies once Ihe tharity has onlrfement to tha fd5. il 15 probable that the Income bè récelved and the amount can be measured roliabty. nonalions aNJ legacies are accounted forwhen receNed. Inv8Stment income and interest ¢n bank deposAs are account forwhen recewed. Expendire Liabilities are recognised a$ expethditure as soon as there Is a legal or conslructive otAig8t¥)Th committiThJ tho harty to that exndituTe, it 18 probablp that a Irensfer of e¢onomi¢ bgt)8fits wll be requirgj in Settlgmenl and Ihe amount of the obligation Gan be measured reliab. Expenditure 15 accounted for on an a81$ b8$¥ and has been dassified und•r headings th21 aggregala all cost related to the category. Wlhere ¢osts cannot ba direclly attributed to PaNl¢ukr haadings they have b88n allocated tv actNili•s on a b496 consistent vmh Ihe of resource5. Support costs comprise costs incurr& dith inthe furtherance of Ihe ChaW$ obiacts. W)we1he$e be idantified as dirocty attributablp to one dass of ¢harMable acthItytY have been albcaled #s ¥uch. Tan9lbb fvod assots Depiecialion Is prove atlhg folthwng annual Tales in ordortowrite ofleach asset over Ks estimated usefvl lifo. Taxation The tharty is exempt from lax on rt8 chaitable aCVIlle. Fund dG¢ounting Unreslricied funds cw be u¥ed in aardon¢¢wIth the charitable owectlves altho di5cr•tion of the ttUsleE8. Reslricted fund$ ¢an only be used for particular re8tricted purp05e5 Within tha obj'eds of chartty. Restricbons arise when speufied by the donor orwhen lunds are raised f0rparh¢ular$Iri¢led purpos8S. Furtherexplanalion of the naluro and purpose of each lund i4 Included in the notes to the financtyl $t4tem*)ts. INVESTMENT INCOME 31.3.24 31.3.23 Inter88t receivab 2.004 558 TRUSTEES. REMUNERATION AND BENEFrrs Ther• wgrB no trustees, remuneration or other benefi15 for Ihe yellr ended 31 M8rch 2tr24 nor forthe year ended 31 Marth 2023. Tnte05. expenses Trern were notruste95' e41•n$os paid forthe yearended 31 March 2024 norlorth•y••r ornled 31 March 2023. P8gg 6 continued...
ASIAN tELFARE AND CULTURAL ASSOCIATION NOTES TO THE FINANCIAL STA TEMENTS-corrflnued FOR THE YEAR ENDED 31 MARCH 2024 COMPAPATbVES FOR THE STATEMENT OF FINAIKIALACTIVrnES Unrestricted lunds RestCted lund Total fvnds INCOME AND ENDyMENTs FROM Donation5 and 04¢1&$ 16,137 18.137 Inv05bnent inwne 533 558 Total 533 EXPENDrruRE ON Charllabl• actfvld88 Mela General 8.942 S,B83 5.883 other 1.613 Totsl 16,436 INCOMEIIEXPENDITUREI {2761 533 257 RECONCILIATION OF FUNDS Total funds brought forward 45,774 123,076 168,850 TOTAL FUNDS CARRED FORWARD 45 498 123 609 TANGLE FIXED ASSETS CPuter eqthpment COST At 1 April 2023 and 31 Marth 2024 DEPRECIATION At 1 April 2023 Charge foryear 339 227 At 31 March 2024 566 NET BOOK VALUE At 31 Marcth 2024 452 At 31 Marc* 2023 679 DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Prspaymènts 1.6C P4é7 "nued...
A51AN WELFARÈ AND CULTLIIAL ASSOCNMON NOTES TO THE FINANCIAL STATEMÉNTS- Connod FOR THE YEAR ENDED 31 MARCH 2024 CREDITORS: AMOUKtS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Bank19ans and overdrafts l#ee note 81 LOANS An anaty5i5 olthe rnalurTiy of loatK4 b gNen below.. 31.3.24 31.3.23 Amounts faming due vmhin one year on d•mand.. Bank oveftlrafts MOVEMENT IN FUND8 movoment infuryls At 1.4.23 31.3.24 Unresbl¢tsd funds General fvnd 45,4 19.4701 36,028 Re5td¢ted fvnds BulldSngs Fund 123,609 1,916 125,525 TOTAL FUNt)s 169107 7,554 161 553 W mement in fvnds, induded In the above as followB.' IncLYnlng ie50ur Re50urtÉs expended overnenl in fiJnd5 Lknre5tricted ftJnd$ Generalfund 13,783 123,2531 19,4701 Restricted funds Buildings Fund 1,916 1.916 TOTAL FVNDS Comparauves for movemont in fund8 movEment in furKJ At 31.3.23 At 1.4.22 LknTe8tricled fund$ n8ralfuDd 46.774 P761 45,498 Rvstricted funds Bultdings Fund 123,076 533 123,609 TOTAL FUNDS 168,850 2S7 169.107 Pagè 8 corlinuod...
ASIAN WELFARE ANO CULTURAL ASSOCIATION OTES TO THE FINANcL STATEMENTS- contlnu•d FOR THE YEAR ENDED 31 KIARCH 2024 MOVEMENT IN FUNDS • conunued Comparatfve r1 movement in funds, IrKlU in ts above ar8 as follows.. Incoming resources ResourrtS expended Movement In lun Unrestrlcted nd$ General fund 16,162 116.4381 12761 Re5trf¢i•d funds Building$ Fund 533 533 TOTAL FUNDS 16.438 257 A currentyear 12 month$ and prioryeai 12 month$ ¢ombiTd position 1$ a$ foll.. Net movemont in fund$ At 1.422 31.3.24 Unrestrirted funds General tu 45,774 19,7461 36,028 Restrtcted funth BU11Th98 Fund 123.076 2,449 125.525 TOTAL FUNDS 168,850 161.553 A current year 12 months and Prily•ar 12 month$ u)mbin8d n81 mo¥ement in funds, induded In 11 8bova are a5 follows: Incoming re50u5 Resour(ts expendad Movement in fund5 UnrestriGted funds General fvn(J 29.945 139.8911 19.7461 Restrfded fund8 Buildings Fund 2,449 2.449 TOTAL FUNDS 39.6911 7,297 10. RELATED PARTY DISCLOSURES Thére w8r8 no related party Irdn$aL#ion$ b)r the year onded 31 MarGh2024. P89e 9
ASIIN WELFARE AND CULTURAL ASSOCIATION DETAILED STATEMENT OF FINANCNL AGTIVlEs FR THE YEAR ENDED 31 MARCH 2024 31.3.24 31.3.23 COME ANO ENDOWMENTS Donatlon8 and 18ga¢l•$ Gifts Donations Grants Memb8r5hip fee5 stal& and olhèf 4,618 7,120 1.082 875 4.281 10.250 825 781 13.695 16,137 InvtM0t InGome Interest receivab 558 Total In¢tsmlng rgsourc88 15,699 18,69S EXPENDITURE chatable a¢ts¥ltlo$ Mela produ¢tion costs Mela Perfotmers Gtxnmunty meal 8TrJ otherevtsnt 1,529 9,986 S,822 3,12 1.885 19,122 10.827 Other General AdmiTrlJtrab"on ¢gsls Bollffit dassès Vwebsile costs Cc4))putsr rfuiFThenl 249 330 458 339 201 226 676 1,613 Support costs Management Insurance Rent fore11th hdl 670 459 3,330 3,709 Finance Bank charges 125 289 Total re50urce$ eonde 23.253 N{9xPlndttUrevlnCOMO 257 Thi5 pagé doe8 not fomi part oflhe s¢)tutory finarra1 ststemants Page 10