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2024-12-31-accounts

SOUTH ASIAN HERITAGE TRUST Charity Number: 1199026 FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 DECEMBER 2024 Sovth A51an

SOUTH ASIAN HERITAGE TRUST

CONTENTS

FOR THE YEAR ENDING 31 DECEMBER 2024

Page
Trustees Annual Report 1 - 4
Independent Examination report 5
Receipts and Payments Account 6
Assets and Liabilities 7
Notes forming part of the financial statements 8

SOUTH ASIAN HERITAGE TRUST

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDING 31 DECEMBER 2024

1. Chair’s Introduction

2024 has been a pivotal year for the South Asian Heritage Trust.

We marked the fifth South Asian Heritage Month this summer, and our theme ‘Free To Be Me’ resonated strongly with stakeholders, corporates, and the wider public. Sadly, we also bore witness to a week of riots across the country in the middle of SAHM 2024, which were challenging for many people, and which had direct repercussions on events and discussions during the Month itself.

We also experienced a reduction to our funding, which impacted on the scope of our work. However, despite those challenges, we stood firm in our purpose, namely to celebrate, educate and commemorate.

Our social media reach soared to 423 million people, almost doubling last year’s figures. This is a testament to the strength of the communities and partners who journey with us, and without whose support South Asian Heritage Trust simply wouldn’t exist.

Thank you to everyone who continues to walk with us.

2. Our Mission

The South Asian Heritage Trust seeks to elevate the prominence of British South Asian history and heritage through education, arts, culture, celebration and commemoration. Our mission is to deepen people’s understanding of the rich and diverse contributions of South Asian communities to society, promote intercultural dialogue, and encourage greater social cohesion among communities.

The trust aims to achieve the following objectives:

By pursuing these objectives, the South Asian Heritage Trust aims to grow a deeper and more inclusive understanding of history and heritage, promote social harmony and cohesion, and contribute to a more equitable and inclusive society for all.

3. Key Activities & Achievements

South Asian Heritage Month 2024 – Free to Be Me

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SOUTH ASIAN HERITAGE TRUST

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDING 31 DECEMBER 2024

Listening Circles

• In response to the summer riots , over 300 people registered for circles that became vital spaces for reflection, healing, and collective support.

Organ Donation Awareness

• Delivered the first listening circle on organ donation with NHS Blood and Transplant.

• A workshop with 23 participants launched our South Asian Organ Donation Working Group.

• Established the foundation for a multi-year programme of webinars, storytelling, and awareness campaigns.

Intersectionality Focus Fridays

• This year, we piloted Intersectionality Focus Fridays to highlight experiences often overlooked.

• Topics included: LGBTQ+ Pride, disability inclusion, multi-heritage identity, and crossgenerational understanding.

Partnerships & Collaborations

• Partnered with Queer Britain on the event “Desi Lesbians at Queer Britain” , opening space for LGBTQ+ South Asian narratives.

Media & Visibility

Fundraising & Community Support

• Collaborated with Brown Sauce Comedy on a fundraising event, raising £400 to support our work.

4. Achievements and Performance (2024)

Reach & Engagement

Content & Outputs

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SOUTH ASIAN HERITAGE TRUST

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDING 31 DECEMBER 2024

5. Public Benefit

In 2024, our work directly benefited South Asian communities by:

6. Financial Report

Despite financial pressures in 2024, the South Asian Heritage Trust continued to operate sustainably and deliver high-impact programmes across the UK.

Total income for the year ending 31 December 2024 was £37,173, compared with £27,815 in 2023 an increase of 33%. This growth reflects the Trust’s success in diversifying income streams.

Income included a grant from NHS Blood and Transplant to support our organ donation awareness work, as well as £400 raised through a fundraiser with Brown Sauce Comedy. The remainder came from individual donations, sponsorships, and community contributions. At year end, the Trust held reserves of £10,020 , maintaining a stable financial position going into 2025.

Going forward, the charity aims to strengthen its financial position by building on the success of its programme delivery and expanding its fundraising efforts.

7. Governance and Leadership

SAHT remains proud to be a women-led and LGBTQ-led organisation, committed to inclusion, equity, and representation at every level of its work. Our diverse leadership shapes the direction of the charity ensuring that our values are reflected in the way we serve our community.

The Board of Trustees met quarterly throughout 2024, providing strategic oversight, safeguarding organisational sustainability, and ensuring that our mission remains at the heart of all decision-making. Their dedication has been instrumental in guiding SAHT through a year of growth and meaningful impact.

8. Volunteering and Community Contribution

Our work in 2024 would not have been possible without the generosity of our volunteers. Over the course of the year, 20 volunteers contributed a combined 300 hours of service. This invaluable contribution supported our programmes, strengthened our community reach, and enabled us to deliver activities and support at a scale disproportionate to our size.

Their commitment reflects the collective spirit that drives SAHT, people coming together to create a safer, more supportive, and more inclusive environment for all.

3

SOUTH ASIAN HERITAGE TRUST

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDING 31 DECEMBER 2024

9. Thank You

Our work in 2024 would not have been possible without the generosity and support of so many. Our partners and funders; NHS Blood and Transplant, The Royal British Legion, Birmingham University, Queer Britain, and the many cultural institutions nationwide that played a vital role in helping us deliver our mission. We are equally grateful to our community supporters, from grassroots organisers to storytellers and creatives, who brought passion and energy to every initiative. And to everyone who donated, fundraised, delivered, or attended an event: your support powers everything we do. Together, they have strengthened our programmes, expanded our reach, and enabled us to deliver impact at a scale far beyond our size. This collective commitment reflects the spirit that drives SAHT, people coming together to create a safer, more supportive, and more inclusive environment for all.

Signed: Jasvir Singh CBE Name: Jasvir Singh CBE

Date:

16 October 2025

4

SOUTH ASIAN HERITAGE TRUST

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDING 31 DECEMBER 2024

Income
Grants
Donations
Sponsorship
Other income
Total income
Expenditure
Events costs inc. wages
Advertising/marketing
Reimbursements
Subscriptions
Sundry
Professional fees
Total expenditure
Net income
Restatement of funds
Transfer between funds
Total funds brought forward
Total funds carried forward
Unrestricted
funds
2024
£
-
15,753
7,578
1,000
24,331
-
-
47
35
-
473
555
23,775
-
(25,731)
11,976
10,020
Restricted
funds
2024
£
12,842
-
-
-
12,842
37,888
961
-
-
-
-
38,849
(26,007)
-
25,731
276
-
Total
funds
2024
£
12,842
15,753
7,578
1,000
37,173
37,888
961
47
35
-
473
39,404
(2,232)
-
-
12,252
10,020
Total
funds
2023
£
25,650
2,165
-
-
27,815
24,320
420
-
35
324
275
25,374
2,440
(1,140)
-
10,952
12,252

The notes on page 8 form an integral part of these financial statements.

6

SOUTH ASIAN HERITAGE TRUST

ASSETS AND LIABILITIES ACCOUNT AS AT 31 DECEMBER 2024

Cash at bank and in hand
Represented by funds
Unrestricted funds
Restricted funds
Non Monetary Assets and Liabilities
Creditors due within one year
Community 360
2024
£
10,020
10,020
10,020
-
10,020
275
275
2023
£
12,252
12,252
11,976
276
12,252
473
473

These accounts were approved by the trustees:

Name Name

Date

17/10/25 Date

7

SOUTH ASIAN HERITAGE TRUST

NOTES TO THE ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER 2024

1. Accounting Policies

Basis of the preparation of the accounts

These financial statements have been prepared under the historical cost convention and applicable accounting standards.

Incoming resources

All material incoming resources have been included on a receivable basis i.e. they are included if the date receivable falls within the period covered by these accounts.

Resources expended

These have been analysed using a natural classification.

Going Concern

The charity is operating on a going concern basis.

2. Key Management Personnel

The charity had no employees in the financial period.

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