REGISTERED CO_MP.4NI' NI',IIBER- CE017877 IF.ngland gnd Wales) REGJSTLRED CHARIT). NI',MBER: 1183943 Re rnofihe T and Unaudi lem nd dll 11 ian As 'hesi rfiel Hadfields Chan¢red Certified Accountanis C'onFnierce House 658B C'liatsilorth Road Chesierlield Derb% shi S40 IJZ
AsiaTh.4swcialion Of Cheste rbishire eld& I n15 of the Finaneial Si iemenls r ihc I'e Ended_i I Xlarch ?0?4 Page Report of lh¢ Trusiees I to8 Independent E¥aminerfs R¢p)rt Siai¢meni of Financial Aeiivities 10 Balance Sheei I I to 12 Noies lo ihe Financial Stsiements 13 to 18 Deiailed Stalemeni of Financial Aciiviiies 19 10 20
Asian .4ssoci lion Of Chesterfield &. orth Derbi'shire rt of the Trust r th l'ear Ended i I Ilarch ?0?4 The trllsiees who are also directors of the charii). for the purtK)ses of the Companies .4ct ?006. present their repon w'ith the financial stsi¢ments of th¢ chariti for Ihe Iearended. l March ?0?4. rhe trustees have adopied the pro%'isions of A¢couniing and RewkrtEn& b) Charitie%.- Staieiiient of Re¢omm¢nded Prdciice applicable 10 rhariite5 preparing iheiraccouiiis in aLcordanee iiiih th¢ Financial Reportin¥ Standard applicable in the Lk and Republic of Ireland IFRS I O) l January 20191. I le(feciive Sl'RucfuRE. GOI'ERNANCE AP4D I,1..4GTr.1IE.11. Co%'trning dotumtnt The charity is controlled b). its governing documeni. a deed of trust. and constiiuies a limiled compan),, limited by guarantee. as d¢fined b) the Companies .4ci )006. REFEREYCE APD ADMlflSTRATII'E DETAIL Registered Componi number ('EO17877 IEngland and W'ales Registered Ch*rity number 118.)94.7 Registered offict lJnii 3 Peiimore Busines5 Cenire I lasland Road Ila51and ('hesiertield D¢rbJshire S40 ITW Trustees Ir5 5 Wells M Bosc S .%inha Dr P Pobbathi C H Kocheta lapwinied ?0.1.20?41 M Elt). lappoinied ?0. l ?0?4 C.ompanTr Secrrfar Mrs 5 Ilells Independent Examiner Hadfields Chartercd Certifi¢d Aceountanis Cvmmerce House 6.$8B Chatsworth Road Chesterfield Derb>'shire S40 3JZ Approved behalf bj.. order of rhe board of tnisi¢e5 on and signed on 115 Irs S Il'ells- Trustee Page 1
IniAxliiLtion Hnd Siimmar¥ The Asian Association of Ch¢st¢rfield and North Derbl'shire Iihe Association) incorporatins Saffron Kitchen Ch¢si¢rlield CIC ISKC-I are very proud recipienis of a grant frotTL the Nalional Lottery Community Fund. The Grani was Ljiven in the summer of 702). This is a review lookins back over ihe ycar io June ?0?4 and a look ahead for the coming year. The As50¢1aiion and SKC ar¢ diligeni in making and urx4ating plansio achieve obje¢ti¥es and respond 10 Lhan¥es alon8 the r(iad. Our ye•r has generally been ver), posiiiv¢ and produ¢iive but. inewilably. not everyihins went a¢¢ording to Achievements & Perfomiance GRANT.% ThL Association has benefited significantly from several 8ranis durin8 the period. National Lottery C'ommunit). fund-14avin8 receii'ed ihis ¥rani in a four year grant agreement 2023, 'e arl ¥raiet'ul 10 ihi LoiiLri' Coii)niLllllI} fund lor iheir continued support. This grani forms the solid base to all our projects. s¢rwiLes &. acliviii¢s. •* Lliile Mg%ic Grani. 8¢neral Running ¢051 for the c¢nir¢ B&Q lyf8nl- ('apital goods and renovaiion of the cenire Police & l.'rirne C-ommissionf r for Derb)'shir¢- Raistawaren¢$5 for Hate Crime PortIng and Anti- so¢ial behavioLIr. Public hellth C'OVID19 fund- 10 support members Improve their health and wellbein4 Winter povtriy Ngtionsl Grid- Support members 1th warniing aids. and cover the utility costs for IhL icnire TESC.O gr#nt- This grant a'arded io us lo hosi haiftem crdft sessions for children. Oiir regular a¢tiwities have coniinued and increased in a number of aras. We have introduced a C'orporate Membcr5hip faciliTh, desLLJned io aiiraet larger. established. enlities to join and 5uppori ihe Assoriation. The iniiialivr ivas proposcd b) Nottingham Trent Llniv¢rsÉiy Busines5 Mana¥¢meni students during their Masters programme fe¢dba¢k Tep)rt. So far.. Walton and HOlymr$Ide Primar) SLhwl has become our firsl Corporate member,. Ashgate Hospice. Charity No 700636 KnownValuedLoved Charity No 1188237 Kula CIC are in (he process of be¢omin8 eorporat¢ members. Page 2
em. Partnershiiis iilton and Ilolimootst(It School Walion and Holymoorside School, our first corporate member. asked us to make perrodic visits io the school and give iniera¢tiv¢ pres¢ntations io the pupils io enhance cultyral 8waren¢ss and general knowledge. Ilshgmtt Ilospic¢ We have been working with Ashgaie Hospiceon ¢ultural aivareness training for siaff ¢mployed ai th¢ Hospi¢e. We have been invii¢d to do ? session5 a )'ear. The first session has been eompleted and M'as very well re¢eived. As mentioned above the Hospice is in Ihe process of bccomin8 a corporate m¢n)ber. Ro%ehill .4rt% C'IC- We are working in partnership with the neii.ly esiablished Rosehill Ans based in Chesi¢rfield to hosi culiural and performin¥ arts evenis. Diwali ?0?4 is our first event wher¢ i%'e will b¢ i%'orkin¥ io&i¢iher. IKnoxiil xluedl.oied KnownValuedLoved is a Naiional Charit). workin¥ 1% iih schools in India and other ihird w'orld ¢ouniri¢s. They are ex¢ited aboui workin8 %1'iih us and supportino us in fiindraisinu ilLlik ilies. As mentioned abov¢ they are in the process of becoming a corFM)rai& nieinber. Page 3
l¥ulii ('Il Kula's rnission is to Llsltivaie phlsical. menial and emotional i¥ellbeing in Chesterfield through movemeni. niindlulne55. and ionnectin¥ Piople. We ar¢ workino in collabornlion ii'ith Kula and h05ting Yoga sessions for the ¢ommunity mtmbers liwing in ihe area. This has h¢lped m¢mber% improv¢ healih and iv¢llbeing and combat 50¢ial isolation as they have made nei% triends during ihe%e sessions. Nkltional Iledlth 4er4 ici. We hove worked w51h the NHS on numerous Projects and supported them wilh vital inforniation and 5urv¢y5 Wlth our communily members. Ftoding Ch¢sterfield Nefv'ork We liav¥ beeii r¢ietitl> inN ilLd 10 be pan of th¢ Feedith¥ C-hesierfield NeNork io support foodbanks and LommLiniiies thai ar¢ sirugbTlino with the cost of lii'ing irises. This will help in tackling food wasie and share s(Irplus food among network partners. orking wilh Schoi)l%. ( ()Ile2e4 l iiiicrsitie In addition to cxisiingy reS¢i¢ionships ii'iih lo¥al schools eg Holme Hall Priniary.. Brimington Manor. Brimingion Junior Yule&irav¢ Primary. w¢ hav¢ ne. partnerships wilh a number ofsLhools, universitils and ¢ollegc5. It 15 50 reivarding io experi¢nee how the children absorb ivhat is being presented to them and the very probing qu¢5tions rhat arise. We also try to have a bit of fun wilh costumes thai ihe children ¢an try. 4otiin#h#m Trent I'ni*ersili Busiiies% h{l l.or th¢1ft5t iwo ro three years w¢ have been collaborating wilh the Nottingham Trent University Business School, We have taciliiaied access ¢0 oura¢liYitte5 in ihe Association and SKC 10 a team of Masters siudents to undertak¢ a revie and 5ubgesi new iniiiaiiv¢s and improvements ¢0 business pracii¢es. 'fhis has actually provL'n lo b¢ a 7_a. learnin¥ ¢xperi¢nie i%here the sludenis come up with some interes¢ing ideas but also learn froin Ihv realities ol. running a eharit). i%hich is very similar in rnany respects to running a business. One of ihe rn051 producliV¢ iniliatiwes proposed bi. Ihe siudents has been the creation of the Corporate Meinb¢rship concepi foT or¥>ani5aitons Iliai are looking for cultural aivar¢ness Irainine for their staff es. National I lealth Scrvice. A5hgate Hospice. Derb}'shire Voluntar> Action. Similarly it was re¢()mniend¢d ihai a Similar concept bc offered io schools. coll¢ges and universities to enhan¢e ¢ultural awareness. Work Experience for Sludcnts is anothtr p)pular ser% ice w¢ provide. Brookfield School and Whiitington Gretn School ar¢ noi¥ req¢sting thi5 ser%'ic¢ touiinely. For the past fcw y¢aTS we havc had many siudenis i¥ho rome and ii'oik for rni"o ii.etks durino the holidays and gain experitnce. The learll about the work of the charity and qain valuable insiht into Asian CultUTe. Page 4
Che%terfJeld Colleoe (Performing .Irts Depanment) We have been Working wilh the Chesiejfield Colle¥e Perforniing Ans department to work wilh Indian perforrnrng arts artisrs b). hostine dance iOrkshopS in the ¢olle£c once a i'ear. Thts has become a v¢ry FK)pular activity and we are lookin¥ ai working 1th ihe Studenis L)n a project involving the Indian dancers. 11 k)Iton Hn(I IIDli muorsi(le %¢hool Walron and Holymoorside School is our first cortM)rate member. We aTe lookine forward to hosting assemblies and hold cultural aivareness ses.sions around ihe Diii'ali and Holi fesiivals. The head teacher recognised thai the students of iheir sch(x)I hai'e no experience or exposur¢ to dil'fereni cultures and therefore he was keen for us to ivork ivith them on a Ions term basis. C()nn¢ci Dan('e Studio We have been working wi(h the Connec¢ DanL¢ siudio. LiweTpooI. slud¢n15 for the pasi few years. They are ¢xtr¢mely happ>. to learn a new dance forni and look foriiard 10 the danee workshops. Thi5 year we have invited the Students io perfomi an Indian dance rouiin¢ al our Diii'ali ¢ellI oil Sih October. SKC has b¢en very busy seeing an increase in demand boih for ihe regular nieal service and ¢aterin& for evenis and funciions. This has. however. been something of # ¢hallen8e as we had noi uniil ver). recentl). heen able lo idcniify and ¢nga8e a competeni Chef. Credit musi go io our team who ha¥'e performed kern. well in deJnandin8 circumsian¢es and filled in the role iih limited trainin¥ available. This year w¢ have been able to increase the number of people li'e have 5LlPPOrted ihrouoh The meals. on wheels serN'i¢e. We have also been able io launch our ou'ft brand reads meals 10 b¢ sold in shops in Chesierfield and Sheield. We have realistd ihat w'e n¢¢d to inv¢51 a ionsid¢rable amouiii of mone! on packag?ing and blast ¢hill¢rs in order to increase our shelf life ot Ihe meals delivered to ih¢se stores. W¢ have conducted in depth r¢search and will be sourcin¥ th¢ equipin¢ni soon. We ar¢ also looking at developino a ¢ake-a%ia)' service. Thc luncheon Club on Wedne5dai"s ha5 beLome a i%"eekl% tieni for local r¢sidenis io have a meal at our Centre and olso help and support each oiher in limes n¢¢ded. Page 5
.L&%sons Learni During the l We encountered considerable dIlCultieS in recruitment of k¢y personnel. notably for the roles of CentTe ManageT. Admin.'A¢¢oun15 and Volunleercoordinator and Saffron Kitchen Supervisor. Th¢se have ho%vev¢r betn mosil}' resolved b) 4)r jusi after ihe period. We are fortunaie ihat our exisiing team and voluni¢ers have be¢n able to fill the gaps in the shon remi siaff turnover is all) s aehall¢nge and i4¢ ha¥e been Lonsiantl). faced with this. Being a small charity we spend a lot of time findiny volunieers aThd staff io support the ivork we do. The SigTnifi¢ant inLr¢ase in our a¢llVlti¢s boih in the Association and SKC hav¢ hi8hlighied a need to idLntify and movt io largeT premises. We have bcen lookin8 for a larger premLSes lor the kilchen as w¥ll as Ilie Asian Cenire. A eon5id¢rable arnouni of r£stsurLe was sp¢ni on eniploving aqualified chef and even a(ter gettingthe spvnsor liLensc w¢ were unabl¢ io &p¢i lh¢ ribThi ¢andidaie. li left us Wlth lookLll8 for a qualified chef all over a¥ain. The mark¢tin8 for Saffron Kitchen Chesierfi¢ld through local magazines and Derbyshire Times h&s raised the profil¢ and the business is pickin¥ up. The number of meals are increasing. Page 6
l. in4nces for the I'edr We have generally performed well financially during the tar. Our financial monitoring report included an aggr¢gare under%pend of£?9.?96.08 out ofihe National Lottery Grant. For most bud8ei items we are within reasonable j-'s a5 might be expecied. Significant variances are with underspends on salarylpayroll provisions forthe Centre MoDager1£5.678.iO underspendl, AdJnirVAc¢ounis and Volynieer Cth)rdinator1£4.014.18 underspendi and Saffron Kiiclien Supervisor1£14,466.03 LLnderspendl. These are mainl). associated M'iih ditriculties in recruiiin¥ personiiel but 11)usl of ihe roles had been rilled by or just after the end of the period. On a wider front ihc financial p051tion of both ihe Association and SKC. remains robust. Reserves Poliey é The chaTlt)'s reserves including paymenis. bui excluding fixed ass¢is i¥ere £69.695. Ar the end of the financial y¢ar. The irustees hawe dcemed it prud¢ni io hold reserves sutTicient enou¥h to enable the ¢harilN io function tor 3 rnonihs in the absence of an incoming funds. The curreni level of reserves is considered 10 be ad¢quaie io mcei the r¢quiren)eni. Structur¢ of Covernance And m#nAgement The structure below is of all the Trusiees who served this l'ear up io ihe date of ihe 8ignaiure Of ihe report. None of the Trustees has any beneficial inieresi in the compani.. All ih¢ Irusi¢¢% are IemberS ofihe Lonipany and btuaiaiitee £ l iii the eveiit of winding up. Dr Partha Poblmthl chalersrrL J5hd WelLs Vke Qlrnrnstee Maltreyl Bose Sarojgnh Trustee 8anE Twstee Trustee Page 7
Ouraciivitie5 and plans will generally continue io develop building on existing operaiions. A major i8sue io addre55 is to identif). and rnove to latLier premises to a¢¢ommodaie the gr0h in activities in the Asso¢iation and SKC. We are actively searching the loeal area for suitable Opiions and currentl J. hawe two prospeets in view. We are looking ai increasing our corpordre membership as well as otlier membership with n¢w families comin8 to settle in Chesterfield and surrounding areas. We are looking for working with more primary, and secoTrdary slhools iii the area on hosting ¢ultural session5 and assemblies. We are in discu5siun with the Noiiin¥trham TreThi Univ¢rsiiv io work with studentsto volunteer at the Asian Associaiion and it would be advertised in their university job board. Page 8
Ind endent Examtnerfs Re to the Trusiee5 of sian Associaiii)n Of Chesierficl orth Derb 5htre Independent ex&miner'$ report to ihe trusttts of Asian .4550Clation Of Chesierfield & North Derby$hire ('Ihe .ompany'l I report lu the ¢hariiJ trustees on my examination o(the a¢counis ofihe Company for the year ended." Responsibilities •nd b•$is of report As Ihe charilj s ITUStees of the Company land also Ils dirertors for ihe purpose% of compaji). lai% l i'ou are sponSIble for the preparation of the Accounts in accordance with ihe requ1mentS of ilie Companies Aci ?006 I'the ?IK>6 Act'l. l Marth ?024. Having satisfied myself thot The a¢¢ounis of the Compgn). ar¢ not qUired to be adIted under Part 16 of the ?006 Act and ar¢ cligible for independent examination. l Teport in reScl of wn J. eiamination of ! our charii)'s a¢¢ounrs as carried out under Seciion 145 of the Chariii¢s Aet 2011 Ilhe 2011 Aci'i. In carry ing oui m) e.xaminaiion I have folloived the Direciions given by the Charity. Commission under S¢cTion 145151 Ibl of ihv ?011 .4LI. Independent ex*mlner's Statement I have completed my examinaiion. I confimi thai no ma¢1S have come io m) aiieniioii in connection iviih the examination giving me cause to believc.. accounting Te¢ords i¥ere noi kepi in rcspe¢i (If the Comp8n) a5 required b> Seciion .386 of ihe ?006 Aci: or the (Lccounls do not accord wilh those re¢ords.' or Ihe accounts do noi comply i¥iih the 4ccounitn¥ requiremenis of S¢ciion .190 of th¢ ?006 Act oiher Ihan any requiremenr thai the accounts gil'e a true and fair vieiv K,hich is nor 8 mailer ¢onsidered a5 Part of an independent ¢.¥amination', or Ihe accounts hav¢ not b¢en Prepared in ac¢ordan¢¢ iiiih the meih(xls and priiicipl¢s ofilie SIAieineni ofR¢coillin¢nded Pwiice for accounting and rewkrttn8 b) rhariites (applicable io Charities prepariiibl Ilieir Account5 in a¢¢ordan¢e with the Financial Reporting Siandard applicable in the L,'k and Republic of Ireland I fRS 10?11. I have no concerns and hai¢ come acr055 no other marters in connection 1th the ¢xaminaiion 10 ii.hich atieniioii should be drawn in this report in order 10 enable a proper understa[ing of lh¢ accounts lo bt reaLhed. Clar¢ Farmer FCCA Hadfield$ Chartered Cenified Accounthnts Comrner¢e House 658B Chatsworth Road hesierfield tkrbyshi S40 3JZ Date.. Page 9
-4sian .455laIl0Tr Of Chesierfield North Derb "shi Stateme f Financi Ended i I Ilarcli )014 2024 Tot#1 funds 2023 Total funds Unrestricted fund Restri¢ied fund oies INCOME AND FliDOIVIIF.NTS FROtyI Donations and legacies 1.916 120.476 122 J92 47.033 Other trAding activities 13.932 13,932 26,828 Totsl 120A76 136 73.861 F.NPETr4DITIIRE ON Rai51nb I'unds 27,690 79.644 107J34 106.340 Other 379 379 TotAI 27,690 80,023 107.713 106340 NLT INColE1{ElPENDITI.RE 111.842) 40.4. 28.611 132.479} RECONCILIATION OF FiINDS lotal funds brought fon%ard 41.084 41,084 73,563 TOTAL FIINDS C.'ARRIF.D FORII".4RD 29342 Th¢ notes form part of these financial st*¢ments Page 10
Asian Ass(xiaiion Of Chesterfield & North Derb Balance Sheet i l Nlarch ?024 2024 TotAI fund$ 202i Total funds Lnrestricied fund Re5tTiCt¢d fund N.otes FIXED ASSETS Tangible assets 1.013 1,013 C. IIRRENT,ISSETS Debtors ash at bank ar)d in hartd 4230 22.999 1.140 4?.591 4.4,880 68.879 28229 7&109 43.731 CREDITORS Amoun15 falling due within one year 1.S.4271 1S.427) 1.1,8641 NEI. CURRENT ASSETS 28a29 68.682 -19.867 TOT..IL ASSETS LESS CIIRREYT LIABII.I'I'IL 29242 41.084 NET ASSETS 29.242 4V.4.$3 41.084 lJnreslri¢ied funds R¢$tri¢ied funds 29.242 40,4.53 41.084 TOTAL FIINDS 41.084 The ¢harilable company is eniiiled 19 e.iemption from audii under Se¢iion 477 of the Companie5 Aci •006 for the ycar ended -31 Mcirch •024. The members have not r¢quired lh¢ rompan) 10 obtain an audit of financial siaieinent5 for the >ear ended 31 March 2024 in a¢cordan¢e with Se¢tioTh 476 of the Companies Arl ?006. The trustces a¢k"nowledge their r¢S)s]bilItIes for lal ensurin¥ ihai the chari12ble compan%" keeps accounting records thal complv with Sections 386 and .187 of the Companie5 Aci ?006 and preparing financial staiements which give a trne and fair i lei% of the state of arrairs of ih¢ charitable Compan), 8$ at the end of each financial year and of its surplu5 or deficit for each fiiiancial lear iii acLordaiice iyiih ihe requirements of Sections i94 and .79$ and which oihemise compl! 1% iih th¢ requirements ot-thc C onipanies Aci ?006 relating to rinancial stat¢ents. 50 far 8s applicable to the charitable compani. Ib The noies form pan ofihtse financial 5taiements continued... Page11
iaiion Of Chesterfield & orth Derb s1iir¢ Balance Sh ei continued i I Ilarch 10?4 These financial siai¢menis ha%'e been prepared ill accordance i%iih the pmvisions applicable io eharitable companic5 5ubje¢t to the small cornpanies gIMe. The financial statements were approved b). the Board of Trusi¢es and authorised for issue on. were sly n ils behall-by.. 24:..1.o.: Z4............. and S Wells- Trust¢e The no¢¢s forni pan of these financial 5tatemenis Page 12
Asian A lari North Derb% esterfi¢ld & hire Notes to the Financial Sthteni fori I'vdr Ended l .Ilarch ?0?4 ACCOLP*TING POLICIES B&$l$ of prepgring the financial stxlements -I'he fjnancial statements of the charitable conipan)". which is a publi¢ benefit enlii). under FRS 102. have been prepared in accordance with ihe Chariti¥5 SORP IFRS IO? I ..Iccountin and Reportin¥ b). Chariiics.. SiatemcDt of RecoJnmertded Pracrice applieable io charities preparing? Iheir 4¢counis ITr accordance ii'ith the Financial Rewrting Standard applicable in the UK and Republic ot. Ireland IFRS 10)) letT¢¢TjN'e l January 10191,. Financial Reporting Standard 102 'Tht FinaDcial RetK)rtin& Siandard applicable in the L'k and Republi¢ of Ircland, and the Companies Act 2006. The financial sthiements hav¢ been prepared under the hisioriral cosi ¢on%'ention. Intomt All income 15 re¢ogni5¢d in the SIAtement of Financial .4¢ti%'iiies once the charir) has eniitlenieni io the funds. it is probable ihat the income 111 be receiied and ihe amount caji be measured reliabl).. Expendlturt Liabiliiies are recognised as ¢xpendiiur¢ as soon as ih¢re Is 3 l¢byal or conslrucitv¢ obliLia¢i()n coinmilling ihe charity to thai exp¢ndirure. il is probabl¢ thai a Irdnsfer of ¢conomi¢ benefiis i¥ill bc required in 5eiil¢ineni and (he amount of the obli¥aiion Can be measured reliabli. E.¥pendiiure is a¢¢ouni¢d for on an accrua15 hasis and lias been classified under headin¥s thai a¥gprega¢e all cosi related 10 the c8ie40Th. Il'herL ¢os¢s cttnnoi be dir¢¢il} aiiribulvd lo particular headings ihey have been allocaied 10 actili1tS on a basis ¢onsisl¢ni Iiith the use of r¢sourc¢s. TAnglble fixed Asstt5 Depreciation is proN'id¢d ai the folloMing annuol raies in order10 write off each a5sei oi'er ils esiimaied useful life. FiXtuS and fiitinsvs Compuier cquipmenl 950/0 on redu¢in8 balan¢c -130,. on cost TAxation Tlie charity is exempt from corporation on its ehorithble 8¢1ikilie5. Fund accouniing Unrestricied funds can be used in acwnlanc¢ M'iih ihe ehariiable objeciii'es ai Ihe discretion ofthe trustees. Reslricied funds can onl). be used for panicular (rItIed purtX)scs li iihin tlie obj¢¢is of ih¢ charit).. Restrictions arise hen specified b}. the donor or when funds ar¢ raised for particular r¢51riried PU05e5. Further explanation of the naiure and purpose of each fund is included in the nores to the financial slalemenis. Hlre purehHse 84(1 leasing commitments Rentals paid under operdiin4 leases aT¢ charo¢d io the Statement of Financial A¢iiwilie5 011 a Straig¥hi line basis over Ihe period of ihe lease. Pension tosls and oiher post-retiremeni benefits The charilable compan). operates a defined eoniribution pen510ll 5cheJn¢. Contribuitons p8sable to thc charitable ompan)'5 pension scheme are charged to the Staterntni ot-Financial .4Lli ilies in (li¢ p¢riod 10 i%hich Ilicy relate. continued... Page 13
.4sian.4ssociaiion Of Chesierfie 'orth Derbi %hi the FinanciJl Sthiemenis- ¥cinlinued for ihe l ear F.nd¢d_I I Ilarch ?014 OTIIER TRADING Acfii-ITIfr.S 2024 2023 FiindTaising ei'¢nt5 Saffron Kitchen Income 9,471 4.461 3.537 23.?91 13.932 ?6.8?8 NLT INC'OMEI{ENPEYDITI'REI Nei incomwlexpenditur¢l is slated after chargin¢Credl1il. 2024 2023 Depreciation olined assets Hir¢ ol. planl and ma¢hinery Other operalin&T Costs 334 406 19,984 7.?00 TRI'StEES' RE%I(IYF.RI%TION .4N'D BF.%EFIT5 'rhere iycre rto trustees, remuneraiion or oiher bet)efiis for the year ended 31 March 2024 nor for ihe year ended 31 March ?O?.l. Trustefg. ¢xpen5e5 Th¢re were no trusi¢es' expenses paid for Ihe %ear ended 31 Mafch ?0?4 nor for ihe year ended 31 March ?023. COMPARATII'ES TrOR THF STATF.IIF.NTOF FIY.4NC.I..IL ACTII-ITIE5 Unres¢ricEed Reslrictcd fund Total fuiids INcof*lF.,IND ENDOII'IIEN'TS FROII Doiialions and l¥¥dLie 6.044 40.989 47.033 Other trading activities ?6.8?8 Total 3?.872 40.989 EXPENDITIIRE or4 Raisin¥ funds 6.689 99.651 106.340 NET 14ICOIIElIEIPE"DIT11REl 26.183 158.662} 132.479) RECONCILIATIOS OF FI-,IDS Toial funds brought forward 14.901 58.662 73,563 continued... Page 14
Asi ciation Ofchesierfield N'onh Derb "shire oies to the Financial SiaiemeTris- ioniijiued for the l'ear Ended_i l ¥larch ?0•4 COMPARATIVES FOR THE STATEIET0F FI)A%CJ.IL.4CTlI'i'fiES- continued Lnresifjcied fund Resiri¢ted fund Total funds TOTAL FUNDSCARRIED FORM'.4RD 41.084 41.084 TAYGIBLE FIXED ASSETS Fixtures and rjitings C'oniputer ¢quipm¢ni Toials cosr At I ,Ipril ?023 Additions 3.141 3.141 130 130 At 31 March 20?4 3.141 130 3.271 DEPRF.CIATJOY Ai l April ?0?3 Char¥e for year 1.924 204 1.924 334 At 31 March ?0?4 2.128 130 YLI" BOOK I'.4LI'E At.I l fvlarch •074 1.1113 1,013 At 31 Mah 2023 DF.BTORS: A.NIOL Tr4TS FALLI)G DI"E II'ITIIJN O%E I'EAR 2024 ?023 Trade debtors Aillounts owed by participaiing iniercsls coniinued... Page 15
.4ss(Kl ion Of Chesterfield & orth Derb shire oies 10 Ihe Financial Siai menis- oniinued for the I'eai Endcd .7 I Ilarch )074 CREDITORS: Al0["Ts F.4LLIPiG DI'E II'ITHIJ ONE I"E.4R 2024 ?OY3 Social security and other t&xes Wages contr()l account Accrued expenses 1,864 2,4.$6 2.160 2.0(K> mON'EIENT FIIPI'DS Net movemeni in funds Al 31131?4 Ai 114123 Ilnresiri¢i¢d funds Gcneral fuiid 41.084 IllJ421 29342 Rtstricteil funds Restricted 40,453 TOTAL FI'NDS 41.084 Net movemenl in funds. included in Ihe above ar¢ as follows.. Incoming resources Resource5 ¢xpended MovL'iiient in funds Ilnrestricted funds General flind (27,6901 (11,842) Restricted funds Resiricled 120,476 180.0231 40,453 TOTAL Tr(INDS 136J24 107 713) continued... Page 16
Astart.4 50ciation f Cliesterfield & onh Derbi"shirc ote io the Finan¢ial S iements- ntinued ear Ended 31 March ?014 MOVEMEPIT IY FL'.INDS- ¢ontinued CompY4rgtives for movernent in fun<ts mo¥'enieni in funds At 311.7123 Unrestricted funds Gen¢ral fynd 14.901 ?6.18.3 41,084 R¢$iri¢ied fund5 Restricted 58.66? 158.66?) TOTAL FLINDS 1.1? 4791 41.084 Comparative net movemeni in funds. ineluded in the alM)i'e are as folloms.. IncoEnin¥ r¢sour¢¥5 Resource5 expendcd Moverneni Ilnrestri¢ted fund5 General fiind 16.6891 Restricted funds Re51rici¢d 40.989 199.6511 158,66?) TOTAL FUPIDS 1106..3401 -1? 4791 A Eurreni year l ? months and prior yvdr l ? monihs combined tK)sition is a5 follow5.. Al 31131?4 Ai 1,4 •? in fund5 Ilnrestrlcted fund$ General fund 14.9UI 14.341 29242 Restricted funds RestTlCted $5.66? 118.ty091 40,453 TOTAL FiIliDS 1_I.8681 69.695 coniinued... Page 17
Asi Associaiion Of Chest North Derb hire Notes io the F inancial StaieintnlS- coniinued for th l'ear Ended I I IlaT¢h •U?4 movEIENT FIINDS- continued A current year 12 monihs arhd prior )'ear l? months combined nel movemeni in funds, included sn the above are as follows.. Ineoming re5tsur¢es Resource5 expeoded Mov¢m¢nt in funds Ilnrestrirted funds General fund 48.720 {34.3791 14,341 Restricted funds Restri¢i¢d 161.463 1179.6741 158,2091 TOT,IL FIINDS ?10.185 2140531 io. RELATED PARI'1. DISC-I,OSI'.RES 'rh¢re were no reled part). irdn5a¢iions for the }'ear ended 31 March ?024. Page 18
Asian As%)ciaiion Of Chesterfield & North tkrb%shire Deiatled Siatemenr ofFinanci i%'ities f ihe Year Ended J I Ilarch ?0?4 2023 INCOME AND ENDOW'IMETr4'TS DonAtion$ and legaeies Cjifts Donations Gran15 Subscriptions 701 5.343 40,989 1.136 120.470 780 122 J92 47,0.73 Other truding 9etivitles Fundraising events Saffron Kiichen Income 9.471 4.461 3,537 13,932 ?6.8?8 TotAI ineomlnR resourc¢s 136J24 7.1,801 EXPENDITiIRE Rgl$in% donAiions and l¢yct¢s Oihcr ()perating Losis Sundrics ShowbTround repatrs & maintenance 9.282 7J14 9.998 Other trading aCt5vÉ¢ies Purchases 6,861 38.769 Other Social security 379 Support costs Managemen¢ Il'ages Siaff training Pensions Ca5kial wages Rent Ral¢s and water Insurance Light and heat Carried fonvard 27.767 62 1.139 17.76? 3?4 19.984 11.274 1,479 664 1.499 49.30? This page does not fonn part of Ihe statutoTh finan¢ial slaiefflen Page 19
Asian A5$0ciaiion Of Chesierfield rthDe shire ailed Siaieineni of Financial .4ctii'ities flir lh¢ l'ear Ended .>1 Ilarch ryO?4 ?0•4 2023 Managemeni Brought forward Telephone Poslagie and station¢ Pr¢mise5 cl¢anin¥ 51.904 49,302 506 505 556 1,260 ,227 5Q.869 FlnAnce Pine5 and penalties Baiik Lli&i-gJey Fixtures and fiiiings 2(Kl 244 406 204 404 65Q Inforniatlon teehnol02y R¢pairs and rene%vals Computer soll%bdre & moinienan¢e 132 455 1,704 2.227 Other 2 Travel and sub51Stence 14J40 Gowei'nance ¢05tS Legal dnd prDfe%sional fees Accoiinian¢y fees 2.460 Total resources expended 107 713 Net incomel{expeNditur¢l 28.611 32.4791 This page does rhot fom part of th¢ siaiutory finonci815taiement5 Page 20