|||||Pages|
|---|---|---|---|---|
|Trustees'<br>Annual<br>Report||||2to3|
|Independent<br>Examiner's|Report||||
|Statement of Fina ncia I Activities|||||
|Summary<br>Income and Expenditure|||Account||
|Balance Sheet|||||
|Statement of Cash flows|||||
|Notes to the Accounts||||9to 16|
|Detailed Statement of Financial||Activities||17to 18|





## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

|Mrs.|Nirmala<br>Jaiswal|Chairperson/Trustee|
|---|---|---|
|Mrs.|Maitreyi<br>Bose|Treasurer /Trustee|
|Mrs.|Sushri Wells|Secretary /Trustee|
|Mrs.|Sanjukta Sahu|Cultura<br>I Secreta ry/Trustee|
|Mrs.|Saroj Sinha|Trustee|





## 

|The Committee<br>meets frequently,|The Committee<br>meets frequently,|and all the|meetings|meetings|and minutes|and minutes|are recorded.|are recorded.||
|---|---|---|---|---|---|---|---|---|---|
|The Committee<br>members<br>are:||||||||||
||Dr. Jagadish Bose|||||||||
||Mrs. Mita Rani Dash|||||||||
||Mr. Moneek Sembhi|||||||||
||Mr. Anbu Balakrishnan|||||||||
|Centre|Manager|||||||||
|Centre|Manager<br>is Ms Jessica Smith remaining||in|the position||in this|period. Sadique Deshmoor|||
|stepped|down<br>in August 2023.|||||||||
|Media|and Community<br>Support|Coordinator||||||||
|The Media and Community<br>Support Coordinator||||Ms Jessica Smith remains||||in the position|in this|
|period.||||||||||



## 



## 

## 

## 

## 



## 


## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 



## 

## 

## 

## 



## 

|||Unrestricted|Restricted|||
|---|---|---|---|---|---|
|||funds|funds|Total funds|Total funds|
||||2023|2023|2022|
||Notes||f|||
|Income and endowments||||||
|from:||||||
|Donations and legacies<br>Other trading activities<br>Other||6,044<br>3,53?<br>23,291|40,989|47,033<br>3,537<br>23,291|55,123<br>1,152<br>27,220|
|Total||32,872|40,989|73,861|83,495|
|Expenditure<br>on:||||||
|Charitable<br>activities<br>Other||1,454<br>5,235|48,448<br>51,203|49,902<br>56,438|33,340<br>45,421|
|Total||6,690|99,650|106,340|78,761|
|Net gains on investments||||||
|Net (expenditure)/income||26,183|(58,662)|(32,479)|4,734|
|Transfers between<br>funds||||||
|Net (expenditure)/income||||||
|before other gains/(losses)||26,183|(58,662)|(32,479)|4,734|
|Other gains and losses||||||
|Net movement<br>in funds||26,183|(58,662)|(32,479)|4,734|
|Reconciliation offunds:||||||
|Total funds brought<br>forward||14,9D1|58,662|73,563|68,829|
|Total funds carried forward||41,084||41,Q84|73,563|





## 

## 

|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||E|f|
||I|Income||||73,861|83,495|
||'|Gross income for||the year||73,861|83,495|
||I|||||||
|',|':|Expenditure||||105,934|78,000|
||-'|Depreciation|and|charges for||||
||''|impairment|offixed assets|||406|761|
||',|Total expenditure||for the|year|106,340|78,761|
|||Net (expenditure)/income|||before tax|||
||':.|for the year||||(32,479)|4,734|
|i';||Net (expenditure||)/income forthe year||(32,479)|4,734|





## 

|at 31March 202|3|3|3|||||
|---|---|---|---|---|---|---|---|
|Company<br>No.|CE017877|||Notes|2023|2022||
||||||f|f||
|Fixed assets||||||||
|Tangible assets|||||1,217|1,546||
||||||1,217|1,546||
|Current assets||||||||
|Debtors||||12|1,140|2,019||
|Cash at bank and||in hand|||42,591|73,193||
||||||43,731|75,212||
|Creditors: Amount|falling due within one year|||13|(3,864)|(3,195)||
|Net current assets|||||39,867|72,017|,<br>'|
|Total assets less current|||liabilities||41,084|73,563||
|Net assets excluding||pension asset or liability|||41,084|73,563:,||
|Total net assets|||||41,084|73,563||
|The funds ofthe charity||||||||
|Restricted funds||||14||||
|Restricted income||funds||||58,662;||
|||||||58,662||
|Unrestricted<br>funds||||14||||
|General funds|||||41,084|14,901|',|
||||||||I|
||||||41,084|14,901||
|Reserves||||14||||
|Total funds|||||41,084|73,563||





|~|I|Asian Association ofChesterfield<br>—North Derbyshire|Asian Association ofChesterfield<br>—North Derbyshire|||
|---|---|---|---|---|---|
||'.|Statement ofCash flows||||
||,|||||
||I|||||
||:|forthe year ended 31March 2023||||
|||||2023|2022|
||||||f|
|||Cash flows from operating|activities|||
|||Net (expenditure)/income|per Statement of Financial Activities|(32,479)|4,734|
|||Adjustments<br>for:||||
|||Depreciation<br>ofproperty,<br>plant and equipment||406|761|
|||Dividends,<br>interest and|rents from investments|(23,291)|(27,220)|
|||Other gains/losses||||
|||Decrease/(Increase)<br>in trade and other receivables||879|(2,019)|
|||(Decrease)/Increase<br>in trade and other payabies||(1,331)|3,195|
||,.|Net cash used in operating|activities|(55,816)|(20,549)|
|||Cash flows from investing|activities|||
|||Payments<br>for property,|plant and equipment|(77)|(1,690)|
|||Dividends,<br>interest and|rents from investments|23,291|27,220|
|||Net cash from investing<br>activities||23,214|25,530|
||I|||||
||:;|Net cash from financing<br>activities||||
|||Net (decrease)/increase<br>in cash and cash equivalents||(32,602)|4,981|
||:|Cash and cash equivalents|at the beginning<br>ofthe year|73,193||
|||Cash and cash equivalents|at the end ofthe year|40,591|4,981|
||;|Components<br>ofcash and cash equivalents||||
|||Cash and bank balances||42,591|73,193|
|||||42,591|73,193|





## 

## 

|Fund accounting|Fund accounting|Fund accounting|Fund accounting|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Unrestricted||funds||These are available for use at the discretion|ofthe trustees||in furtherance||of|the||
|||||general objects ofthe charity.||||||||
|Designated||funds||These are unrestricted<br>funds earmarked<br>by|the trustees|for particular||purposes.||||
|Revaluation||funds||These are unrestricted<br>funds which include|a revaluation|reserve representing|||||the|
|||||restatement<br>of investment<br>assets at their market values.||||||||
|Restricted|funds|||These are available for use subject to restrictions<br>imposed|||by the donor or||through|||
||||||||||||I|
|||||terms of an appeal.||||||||
||||||||||||l|
|Income||||||||||||
|Recognition||of||Income<br>is included<br>in the Statement of Financial Activities|||(SoFA) when|the|charity|||
|income||||becomes entitled to, and virtually<br>certain to receive, the||income and the amount of;:||||||
|||||the income can be measured<br>with sufficient|reliability.|||||||
|Income with||related||Where income has related expenditure<br>the|income and|related expenditure||||is||
|expenditure||||reported<br>gross in the SoFA.||||||||
|Donations|and|||Voluntary<br>income received<br>by way ofgrants, donations<br>and gifts is included|||||in||the|
|legacies||||the SoFA when receivable<br>and<br>only when the Charity has|||unconditional|||||
|||||entitlement<br>to the income.||||||||
|Tax reclaims||on||Income from tax reclaims<br>is included<br>in the|SoFA at the same time as the|||||||
|donations|and||gifts|gift/donation<br>to which it relates.||||||||
|Donated services||||These are only included<br>in income (with an|equivalent<br>amount<br>in expenditure)|||||||
|and facilities||||where the benefit to the Charity<br>is reasonably<br>quantifiable,|||measurable|and||||
|||||material.||||||||
|Volunteer|help|||The value ofany volunteer<br>help received<br>is|not included|in|the accounts.|||||
|Investment||income||This is included<br>in the accounts when receivable.||||||||
|Gains/(losses)|||on|This includes<br>any gain or loss resulting<br>from|revaluing<br>investments<br>to market|||||value||
||||||||||||I|
|revaluation||of|fixed|at the end ofthe year.||||||||
|assets||||||||||||
|Gains/(losses)|||on|This includes<br>any gain or loss on the sale of|investments.|||||||
|investment||assets||||||||||





## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

||3|Statement|Statement|of Financial|of Financial||Activities - prior year|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted|Restricted||
||||||||||funds|funds|Total funds|
||||||||||2022|2022|2022|
||Income and endowments|||||from:||||||
|||Donations||and|legacies||||579|54,544|55,123|
|||Other trading activities|||||||1,152||1,152|
|||Other|||||||27,220||27,220|
||Total||||||||28,951|54,544|83,495|
||Expenditure||on:|||||||||
|||Charitable||activities||||||33,340|33,340|
|||Other|||||||28,301|17,120|45,421|
||Total||||||||28,301|50,460|78,761|
||Net|income|||||||650|4,084|4,734|
||Net|income before|||other|||||||
||gains/(losses)||||||||650|4,084|4,734|
||Other gains and losses:|||||||||||
|::,|Net|movement||in funds|||||650|4,084|4,734|
||Reconciliation|||offunds:||||||||
||Total funds brought||||forward||||14,251|54,578|68,829|
||Total funds carried||||forward||||14,901|58,662|73,563|
|I|4|Income from donations|||||and legacies|||||
|||||||||Unrestricted|Restricted|Total|Total|
|||||||||||2023|2022|
|||||||||5,343||5,343|4,577|
|||||||||701|40,989|41,690|50,546|
|||||||||6,044|40,989|47,033|55,123|
|',|5|Income from other trading activities||||||||||
||||||||||Unrestricted|Total|Total|
|||||||||||2023|2022|
||||||||||3,537|3,537|1,152|
||||||||||3,537|3,537|1,152|





## 

|||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
|||||||23,291|23,291|27,220|
|||||||23,291|23,291|27,220|
|7|Expenditure|on charitable||activities|||||
||||||Unrestricted|Restricted|Total|Total|
||||||||2023|2022|
||Expenditure|on charitable|||||||
||activities||||||||
|||||||9,679|9,679|33,340|
||||||1,454|38,769|40,223||
||Governance|costs|||||||
||||||1,454|48,448|49,902|33,340|
|8|Other expenditure||||||||
||||||Unrestricted|Restricted|Total|Total|
||||||||2023|2022|
||||||286||286||
||Employee costs||||1,863|35,726|37,589|26,799|
||Motor and travel costs||||68||||
||Premises costs||||1,478|10,199|11,677|10,417|
||Amortisation,|depreciation,|||||||
||impairment,|profit/loss|on||406||406|761|
||disposa<br>I offixed assets||||||||
||General administrative||costs||1,096|2,978|4,074|4,972|
||Legal and professional||costs||38|2,300|2,338|2,472|
||||||5,235|51,203|56,438|45,421|
|9|Net (expenditure)/income|||before transfers|||||
|||||||2023||2022|
||This is stated|after charging:||||f||.f|
||Depreciation|of owned|fixed assets|||406||761|





||Asian Association|ofChesterfield|ofChesterfield|- North|Derbyshire||||||
|---|---|---|---|---|---|---|---|---|---|---|
||Notes to the Accounts||||||||||
||10 Staff costs||||||||||
||||||||2023|||2022|
||Salaries and wages||||||17,262|||26,620|
||Pension costs||||||324||||
||||||||17,586|||26,620|
||No employee|received emoluments|||in excess ofE60,000.||||||
||The average|monthly|number|offull|time equivalent|employees|during the|year|was as follows:||
||||||||2023|||2022|
||||||||Number|||Number|
||Administration||||||||||
||11 Tangible fixed assets||||||||||
||||||||||Fixtures,||
||||||||||Fitting and|Total|
||||||||||Equipment||
||||||||||f||
||Cost or revaluation||||||||||
||At 1April 2022||||||||3,064|3,064|
||Additions||||||||77|77|
||At 31March|2023|||||||3,141|3,141|
||Depreciation|and|||||||||
||impairment||||||||||
||At 1April 2022||||||||1,518|1,518|
||Depreciation|charge for the|||||||406|406|
||year||||||||||
||At 31March|2023|||||||1,924|1,924|
||Net book values||||||||||
||At 31March|2023|||||||1,217|1,217|
||At 31March|2022|||||||1,546|1,546|
|::|12 Debtors||||||||||
|t|||||||2023|||2022|
|||||||||f|||
||Trade debtors||||||1,140|||2,019|
|t|||||||||||
||||||||1,140|||2,019|
|'|13 Creditors:||||||||||
||amounts<br>falling due within one year||||||||||
||||||||2023|||2022|
|||||||||f|||
||Other taxes and social security||||||1,864|||3,195|
||Accruals||||||2,000||||
||||||||3,864|||3,195|





## 

|Movement<br>in funds||||||
|---|---|---|---|---|---|
|||Incoming||||
|||resources||||
|||(including|Resources|At 31||
||At 1April|other<br>gains/losses|expended|March<br>2023||
||2022|)||||
|||f||||
|Restricted funds:||||||
|Restricted income funds:||||||
|Various Grant Fund 1|36,573||(36,573)|||
|Various Grant Fund 2|3,880|1,991|(5,871)|||
|Various Grant Fund 3|11,599|8,804|(20,403)|||
|Various Grant Fund 4|6,610||(6,610)|||
|Various Grant Fund 5||3,190|(3,190)|||
|Various Grant Fund 6||27,004|(27,004)|||
|Total|58,662|40,989|(99,650)|||
|Unrestricted<br>funds:||||||
|General funds|14,901|32,872|(6,690)|41,084|!,|
|Total funds|73,563|73,861|(106,340)|41,084|!|



|Various Grant Fund 3<br>Various Grant Fund 4<br>Various Grant Fund 5<br>Various Grant Fund 6<br> Analysis ofnet assets between<br>funds||||
|---|---|---|---|
||Unrestricted|||
|||Total||
||funds|||
|Fixed assets|1,217|1,217|'|
||||I|
|Net current assets|39,867|39,867|'|
||41,084|41,084||





## 

|||||||At 31|
|---|---|---|---|---|---|---|
|||||At 1April||March|
|||||2022|Cash flows|2023|
||||||f||
|Cash|and|cash|equivalents|73,193|(30,602)|42,591|
|||||73,193|(30,602)|42,591|
|Net|debt|||73,193|(30,602)|42,591|



## 

## 

|Annual<br>co|mmitments<br>under non-cancellable|operating<br>leases are|as follows:|||
|---|---|---|---|---|---|
|||2023|2023|2022|2022|
|||Land and||Land and||
||||Other||Other|
|||buildings||buildings||
|||f||||
|Operating|leases with expiry date:|||||
|Pension commitments||||||
||||2023||2022|
||||f||f|
|The pension cost charge to the company||||||
|amounted|to:||324|||



## 



|Asian Association|Asian Association|of|Chesterfield<br>Restricted|Funds|2023||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|BTC Fund|||Fund Name||31/03/2021|Income|Expenditure|31/03/2022|Income|Expenditure|31/03/2023||
|Designated|Fund 1||Reaching Communities||33733|45063|42223|36573||36573|||
|Total|||||33733|45063|42223|36573||36573|||
|Designated|Fund 2||Community<br>Safety||500|||500||500|||
||||Kitchen Cafe||2000|||2000||2000|||
||||Yoga||855|316|75|1096||1096|||
||||Kitchen<br>CRT||119|||119||119|||
||||Domestic Violence||909|||909||909|||
||||Hate Crime||1500|||1500|1491|2991|||
||||Meals on Wheels||-3438|||-3438||-3438|||
||||Saffron Kitchens||997||1536|-539|500|-39|||
||||COVID Funding||766||100|666||666|||
||||PC C Small Grant||1000||1000||||||
||||Vulnerability<br>Grant||2277|1000|2210|1067||1067|||
|Total|||||7485|1316|4921|3880|1991|5871|||
|Designated|Fund 3||Discretionary<br>CBC||7559|||7559||7559|||
||||DCC||-1584|||-1584|4144|2560|||
||||DCC:Warm Space Grant||||||1000|1000|||
||||CBC Health||1212||375|837||837|||
||||Foundation<br>Derbyshire||2772||240|2532|3010|5542|||
||||Carers: DCC||1375|1000|120|2255|650|2905|||
|Total|||||11334|1000|735|11599|8804|20403|||
|Designated|Fund 4||Mental<br>Health||2342|||2342||2342|||
||||Lottery Grant||-316||30|-346||-346|||
||||BMESitting Service|||4772|1854|2918||2918|||
||||Neighbourhood|||1078||1078||1078|||
||||RAD Christmas<br>Fund|||1315|697|618||618|0|i|
|Total|||||2026|7165|2581|6610||6610|0|c|
|Designated|Fund 5||Arnold<br>Clark||||||1000|1000|||
||||Coop Local Cause||||||2189.73|2189.73|||
|Total|||||||||3189.73|3189.73|||
|Designated|Fund 6||Arts Council Grant||||||26004|26004|||
||||Feeding Britain||||||1000|1000|||
|Total|||||||||27004|27004|||





|||Profit and Loss|Profit and Loss||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||ASIAN ASSOCIATION||OF CHESTERFIELD &||NORTH DERBYSHIRE|||||||||
|||For the year ended 31||March 2023|||||||||||
|||Administrative<br>Costs||Desi|nated Fund|Desi|nated Fund|Desi nated|Fund|Desi nated Fund|Desi|nated|Fund|Desi nated Fund 6|
|||Advertising<br>& Marketing||286.00|||||||||||
|||Arts council England<br>grant||8,037.10||||||||||8037.1|
|||Audit &Accountancy<br>fees||2,300.00|1000|||||1000||||300|
|||Bank Fees||243.69|||||||||||
|||Bengali NY 2022 Expenses||201.80|||||||||||
|||Cleaning||555.75|||||||||||
|||Dance Class Expenses||175.00|||||||||||
|||Depreciation<br>Expense||405.81|||||||||||
|||Diwali 2022 Expenses||28,218.02|1573||5771||6000||||3189.73|11000|
|||Events Expenses||325.00|||||||||||
|||Foundation<br>Derby. Jubilee Fu||949.05|||||949.05||||||
|||Foundation<br>Derbyshire|grant|240.00|||||240||||||
|||Holi 2023 expenses||602.97||||||||||602.97|
|||Insurance||591.95||||||585|||||
|||ITSoftware and Consumable||439.48|||||||||||
|||Legal Expenses||38.00|||||||||||
|||Light, Power, Heating||2,422.36|1000|||||1000|||||
|||Luncheon<br>Club Expense||45.00||||||||||45|
|||Meeting Attendance||70.00||||||||||70|
|||Pensions Costs||324.09||||||||||324.09|
|||Pdnting<br>&Stationery||504.70||||||||||504.7|
|||RAD Easter Activities 2022 e||352.74||||||||||352.74|
|||Rates||1,499.20|1000||||499.2||||||
|~|I|Rent||7,200.00|2000||||2000|2000||||700|
||I|Repairs<br>& Maintenance||455.43||||||||||455.43|
||I|Saffron Kitchen AA Expense||9,785.21|5000||||1714.75|||||3002.52|
||I|Safh'on Kitchen wages||18,582.51|12500||||4500||||||
|||Salaries||17,262.07|12500||||4500||||||
|||Sessional Worker Expense||1,125.00||||||1125|||||
|||Staff Training||19.20|||||||||||
|||Tapton Lock Festival 2022 exI||800.00||||||800|||||
|||Telephone<br>& Internet||506.44||||||100|||||
|||TIF Grant for Yoga (Aug|202(|100.00|||100||||||||
|||Travel<br>—National||67.64|||||||||||
|||Volunteer Expenses||276.80||||||||||276.8|
|||Website||538.11||||||||||538.11|
|||XERO subscription||552.66||||||||||552.66|
|||Zoom Subscri<br>tion||241.88||||||||||241.88|
|||Total Administrative<br>Costs||106340.66|||||||||||





## 

## 

||||||Unrestricte|Restricted||||
|---|---|---|---|---|---|---|---|---|---|
||||||d funds|funds|Total funds|Total funds||
||||||2023|2023|2023|2022||
|||||||f||||
|Income and||endowments||from:||||||
|Donations|and legacies|||||||||
||||||5,343||5,343|4,577||
||||||701|40,989|41,690|50,546||
||||||6,044|40,989|47,033|55,123||
|Other trading activities||||||||||
||||||3,537||3,537|1,152||
||||||3,537||3,537|1,152||
|Other||||||||||
||||||23,291||23,291|27,220||
||||||23,291||23,291|27,220||
|Total income||and endowments|||32,872|40,989|73,861|83,495||
|Expenditure||on:||||||||
|Charitable|activities|||||||||
|||||||9,679|9,679|33,340||
||||||1,454|38,769|40,223|||
||||||1,454|48,448|49,902|33,340||
|Total ofexpenditure<br>activities|||on|charitable|1,454|48,448|49,902|33,340||
|Other expenditure||||||||||
||||||286||286|||
||||||||286|||
|Employee|costs|||||||||
|Salaries/wages|||||262|17,000|17,262|26,620,||
|Pension costs||||||324|324||I|
|Staff training|||||19||19|||
|Temporary||staff|||1,582|18,402|19,984|179:;||
||||||1,863|35,726|37,589|26,799|,'|
|Motor and travel costs||||||||||
|Travel and||subsistence||||||||
||||||68||68|||
|Premises costs||||||||||
|Rent|||||500|6,700|7,200|10,417||
|Rates|||||0|1,499|1,499|||
|Light, heat||and power|||422|2,000|2,422|||
|Premises|cleaning||||556||556|||
||||||1,478|10,199|11,677|10,417||





|||'Detailed Statement of Financial Activities|'Detailed Statement of Financial Activities|||||
|---|---|---|---|---|---|---|---|
|||General administrative<br>costs,||||||
|||including<br>depreciation<br>and||||||
|||amortisation||||||
|||Depreciation<br>of Fixtures, <br>I<br>and Equipment|Fitting|406||406|761|
|||Bank charges||244||244||
|||Equipment<br>repairs and||||||
|||maintenance|||455|455|960|
|||General<br>insurances|||585|592|572|
|||Software,<br>ITsupport<br>and <br>costs|related|439|1,333|1,772||
|||Stationery<br>and printing||0|505|505|510|
|||Sundry expenses|||||90|
|||Telephone,<br>fax and broadband||406|100|506|2,840|
|||||1,502|2,978|4,480|5,733|
|||Legal and professional<br>costs||||||
|||Accountancy<br>and bookkeeping|||2,300|2,300|2,472|
|||Other legal and professional||||||
|||costs||||38||
||||||2,300|2,338|2,472|
||'|Total ofexpenditure<br>ofother costs||5,235|51,203|56,438|45,421|
||;,|Total expenditure||6,690|99,650|106,340|78,761|
|||Net gains on investments||||||
||'|Net (expenditure)/income||26,183|(58,662)|(32,479)|4,734|
|,|,|Net (expenditure)/income<br>other gains/(losses)|before|26,183|(58,662)|(32,479)|4,734|
|||Other Gains||||||
|||Net movement<br>in funds||26,183|(58,662)|(32,479)|4,734|
||:|Reconciliation<br>offunds:||||||
||1|||||||
||I|Total funds brought<br>forward||14,901|58,662|73,563|68,829|
||'|Total funds carried forward||41,084|0|41,084|73,563|