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2021-03-31-accounts

Sikh Community & Youth Service UK Annual Report 2021

Background

Sikh Community & Youth Service UK (SCYS UK) has been established since 1976, over the years the organisation has thrived and continues to operate as a very active and vibrant community organisation, in and around Birmingham.

SCYS UK adopted its constitution in April 1987 and formally registered as a Charity in June 1987.

SCYS UK provides a wide range of services by employing specialist staff and co-ordinating the activities of a large number of committed and dedicated volunteers.

Basic Information

Name: Sikh Community & Youth Service UK
Address : 75 Holyhead Road Handsworth Birmingham
Post Code: B21 0LG
Telephone Number : 0121 523 0147
Email Address: scys_uk@yahoo.co.uk
Website Details: www.scysuk.org
Ownership Detail: Registered Charity No 518946
Year Established : 1976
Number of Employees: 2 full time and 5 part time
Sector : Registered Charity
Name of Bank: Barclas Bank Plc
y
Name of Accountant / Mibsons Accountant and Tax Consultants

Auditor:
, ,
180, Birmingham Road, West Bromwich, B70
6QG

Aims of SCYS UK

SCYS UK was initially established to provide information, advice and guidance to the local Sikh community, especially the youth. The organisation has developed further over the last decade and is now able to deliver its services to all communities across Birmingham. The objectives of the organisation are specifically aimed at providing facilities in the interest of social welfare, recreation and to support and educate beneficiaries.

The range of services delivered by the organisation over the years have been quite varied, depending upon the needs of the community and the availability of resources.

Objectives of SCYS UK

SCYS UK has been established for the benefit of the inhabitants of Birmingham and surrounding areas, to provide specific services of social, welfare, support, education, recreation and leisure, thus enabling beneficiaries to develop their capacity, both physically and mentally.

Chairpersons Statement

The last 12 months have seen the most turbulent times that have been faced within the voluntary sector due to the impact of the Covid pandemic. Our organisation has continued to deliver vital services to the local community as and when possible during the national lockdowns.

With a team of volunteers and dedicated staff we have been able to help people who were most in need during the Covid pandemic, many of these people had no one else to help them and we ensured that they were supported.

We are continually seeking funding opportunities and reviewing strategies to generate alternative earned income streams, which would enable our work to continue longer term. Similar to many other voluntarily sector organisations we are constantly under threat from cut backs and lack of local resources.

We would like to thank all our service users, volunteers and staff and look forward to continue working with them in the future.

Project Update

SCYS UK has continued to deliver a range of services to the local community, from our one stop, “Information, Advice and Guidance Centre” based in Handsworth, Birmingham. The range of services delivered over the last twelve months, are detailed below.

1. Employment Resource Centre – ERC - providing employment support and career guidance to local people, seeking to access employment.

2. Learning Resource Centre – Delivering various accredited and non-accredited courses, to develop the skills and capacity of local people through partnership working with local colleges and accredited training providers.

3. Women’s and Children’s Project – Range of services aimed at meeting the needs of working women – or women who want to return to work.

4. Welfare Advice Centre - Provides advice as well as hands-on support to the local community on all welfare matters including form-filling, benefit advice and support, letter reading, telephone enquiries, etc.

5. Housing Project - This project has supported the development of affordable housing to meet the needs of local people.

Charity number: 518946

The Sikh Community And Youth Service

Report of the Trustees and Unaudited Financial Statements

For the year ended 31 March 2021

The Sikh Community And Youth Service Contents Page For the year ended 31 March 2021

Report of the Trustees 1
Independent Examiner's Report to the Trustees 2
Statement of Financial Activities 3
Statement of Financial Position 4
Notes to the Financial Statements 5 to 10

The Sikh Community And Youth Service Report of the Trustees For the year ended 31 March 2021

The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2021. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity The Sikh Community And Youth Service Charity registration number 518946 Principal address 75 Holyhead Road Birmingham West Midlands B21 0LG

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Mr Dal Singh Dhesy Mr Naomi Maman Mr Satnam Singh Poonia Mr Satnam Sura Independent examiners Mibsons Limited 180 Birmingham Road West Bromwich West Midlands B70 6QG

Approved by the Board of Trustees and signed on its behalf by

............................................................................. 26 January 2022 Mr Dal Singh Dhesy

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The Sikh Community And Youth Service Independent Examiners Report to the Trustees

For the year ended 31 March 2021

I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2021.

Responsibilities and basis of report

As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the charity’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.

Independent examiners statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.

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.

Muhammad Shahid

FCCA Mibsons Limited 180 Birmingham Road West Bromwich West Midlands B70 6QG

26 January 2022

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The Sikh Community And Youth Service Statement of Financial Activities For the year ended 31 March 2021

Unrestricted
funds
Notes
£
Income and endowments from:
Donations and legacies
63,826
2
Investments
3
27,818
Income from investment
properties
1
Bank interest receivable
Total
91,645
Expenditure on:
Charitable activities
4
(69,128)
Community Development and
Employement
Total
(69,128)
22,517
Net income
Reconciliation of funds
Total funds brought forward
345,857
Total funds carried forward
368,374
2020
£
54,343
28,272
2
82,617
(64,686)
(64,686)
17,931
327,926
345,857

3 of 10

The Sikh Community And Youth Service Statement of Financial Position As at 31 March 2021

Notes 2021 2020
£ £
Fixed assets
Tangible assets 9 306 -
Investments 10/11 561,939 561,939
562,245 561,939
Current assets
Debtors 12 3,454 -
Cash at bank and in hand 51,194 42,654
54,648 42,654
Creditors: amounts falling due within one year 13 (248,519) (258,736)
Net current assets (193,871) (216,082)
Total assets less current liabilities 368,374 345,857
Net assets 368,374 345,857
The funds of the charity
Unrestricted income funds 14 368,374 345,857
Total funds 368,374 345,857

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

Mr Dal Singh Dhesy Trustee

26 January 2022

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The Sikh Community And Youth Service Notes to the Financial Statements For the year ended 31 March 2021

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.

The Sikh Community And Youth Service meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity, and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes.

Restricted funds are those which are to be used as per specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.

Incoming resources

All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

.
Computer Equipment 20% Reducing balance
Fixtures and Fittings 20% Reducing balance

2. Income from donations and legacies

Unrestricted funds
Donations received
Grants received
2020
2021
£
£
-
825
54,343
63,001
54,343
63,826

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The Sikh Community And Youth Service Notes to the Financial Statements Continued For the year ended 31 March 2021

3. Investment income

2021 2020
£ £
Unrestricted funds
Income from investment 27,818 28,272
properties
Bank interest receivable 1 2
27,819 28,274
osts of charitable activities by fund type
2021 2020
£ £
Unrestricted funds
Community Development and 66,608 63,006
Employement
Support costs 2,520 1,680
69,128 64,686
nalysis of support costs
2021 2020
£ £
Governance costs 2,520 1,680

4. Costs of charitable activities by fund type

5. Analysis of support costs

6. Net income/(expenditure) for the year

This is stated after charging/(crediting):

2021 2020
£ £
Depreciation of owned fixed assets 54 -
Accountancy fees 1,680 1,680

6 of 10

The Sikh Community And Youth Service Notes to the Financial Statements Continued

For the year ended 31 March 2021

7. Staff costs and emoluments

Total staff costs for the year ended 31 March 2021 were:

Total staff costs for the year ended 31 March 2021 were:
2021 2020
£ £
Salaries and wages 60,699 58,034
60,699 58,034

8. Comparative for the Statement of Financial Activities

Unrestricted Restricted 2020
funds funds
£ £ £
Income and endowments from:
Donations and legacies 29,343 25,000 54,343
Investments 28,274 - 28,274
Total 57,617 25,000 82,617
Expenditure on:
Charitable activities (39,686) (25,000) (64,686)
Total (39,686) (25,000) (64,686)
Net income/expenditure 17,931 - 17,931
Reconciliation of funds
Total funds brought forward 327,926 - 327,926
Total funds carried forward 345,857 - 345,857

9. Tangible fixed assets

Fixtures and Computer
Cost or valuation Fittings Equipment Total
£ £ £
At 01 April 2020 17,412 77,668 95,080
Additions - 360 360
At 31 March 2021 17,412 78,028 95,440
Depreciation
At 01 April 2020 17,412 77,668 95,080
Charge for year - 54 54
At 31 March 2021 17,412 77,722 95,134
Net book values
At 31 March 2021 - 306 306
At 31 March 2020 - - -

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The Sikh Community And Youth Service Notes to the Financial Statements Continued

For the year ended 31 March 2021

Investments

10. Analysis of movement of commercial investments

Fair value at 01 April
2020
Fair value at 31 March
2021
11. Analysis of investments between funds as at year ended 31 March 2021
Unrestricted funds
Investment properties
12. Debtors
Amounts due within one year:
Prepayments and accrued income
13. Creditors: amounts falling due within one year
Trade creditors
Other creditors
Accruals and deferred income
Investment
property
£
561,939
561,939
2020
2021
£
£
561,939
561,939
561,939
561,939
2021
2020
£
£
3,454
-
3,454
-
2021
2020
£
£
600
-
244,559
255,796
3,360
2,940
248,519
258,736
Investment
property
£
561,939
561,939
2020
2021
£
£
561,939
561,939
561,939
561,939
2021
2020
£
£
3,454
-
3,454
-
2021
2020
£
£
600
-
244,559
255,796
3,360
2,940
248,519
258,736
561,939
2020
£
561,939
561,939
2020
£
-
-
2020
£
-
255,796
2,940
258,736

8 of 10

The Sikh Community And Youth Service Notes to the Financial Statements Continued For the year ended 31 March 2021

14. Movement in funds

Unrestricted Funds

Unrestricted Funds
Balance at Incoming Outgoing Balance at
01/04/2020 resources resources 31/03/2021
£ £ £ £
General
General 345,857 91,645 (69,128) 368,374
345,857 91,645 (69,128) 368,374
Unrestricted Funds - Previous year
Balance at Incoming Outgoing Balance at
01/04/2019 resources resources 31/03/2020
£ £ £ £
General
General 327,926 57,617 (39,686) 345,857
327,926 57,617 (39,686) 345,857
Restricted Funds
Incoming Outgoing Balance at
resources resources 31/03/2021
£ £ £
- - -
Restricted Funds - Previous year
Incoming Outgoing Balance at
resources resources 31/03/2020
£ £ £
General 25,000 (25,000) -
25,000 (25,000) -
15. Analysis of net assets between funds
Tangible
Investments
Net current Net Assets
fixed assets assets /
(liabilities)
£
£
£ £
Unrestricted funds
General
General 306
561,939
(193,871) 368,374
306
561,939
(193,871) 368,374

9 of 10

The Sikh Community And Youth Service Notes to the Financial Statements Continued For the year ended 31 March 2021

Previous year
Tangible Investments Net current Net Assets
fixed assets assets /
(liabilities)
£ £ £ £
Unrestricted funds
General
General - 561,939 (216,082) 345,857
- 561,939 (216,082) 345,857

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