COMPANY REGISTRATION NUMBER: 2173760
CHARrfY REGISTRATION NUMBER: 519620
Smethwick Asra Limited
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2022
¢ABJURFNL*
2W12r2022
COfvIPANIES HOUSE

Smethwick Asra Limited
Company Limited by Guarantee
Financial Statsments
Year ended 31 March 2022
Page
Trustees, annual report (incorporating the directofs report)
Independent examinerfs report to the trustees
Statement of financial activitses (including income and
expenditure account)
Statement of financial position
10
Statement of cash flows
11
Notes to the financial statefflents
12
The following pages do not fomi part of the financial ststements
Detailed statement of financial activities
22
Notes to the detailed ststement of financial activities
24

Smethwick Asra Limited
Company Limitèd by Guarantee
Truslees. Annual Report {Incorporatsng the Directorfs Report)
Year ended 31 March 2022
The trustees, who are also the director5 for the purposes of company law. present their feport and the
unaudrted financial statements ofthe charity for the year ended 31 March 2022.
Oblectives and activities
The principal activity is the provision of heallh and care services lo all needy, elderly, disabled and
families, parts'¢uL4rty but not exdusivety of Asian origin, in the Wesl MHJLands Area. As an ancillary.
assistsnce 15 also given on appropriate 50cial. recfeab.onal and educational mallers.
The principal ath.vity fvlly reflects the purp)ses the charity was set up to further.
The main policies adopted to achieve ouraims and thus further our charitable purF4)ses for public benefit
have been by the provision ot
1. Day Care. mainly in association wth Adu￿ and Community Services for &"miingham, Dudley and
Sandwell Local Authorities, for elderly and disabled people at our cenlres at Fenton Street.
Smelhwick and Poplar Road. Sparkbrook.
2. Domuliary Care, mainly in aSsociat￿n wth Adult and Community Services Sandwell, for elderfy
and disabled people and those suffering from chronic illnesses. The company is registered with
the Care Quality Commission under Ihe Care Standards Act 2008.
3. The ￿ntaI of offices and assoaated facilities to Community OrganisatKtns.
4. Facilities for communty and private ScC￿l fvn¢tions.
5. Facilrties for Black churches for Sunday services.
6. Facilib'e5 for Woman only edu¢ational sessions.
Where necessary the directors have had assistan¢e from qualffied advisors and professionals in the
comrnunity.
We review our aims, objectives and activities each year. This review k)oks at what we achieved and the
outcomes ofourwork In the previous ts¥e￿e mnlhs. The ￿vieW looks al the success ofeach key activity
and the benefits they have brought lo those gfOUPS of people we are sel up lo help. The review also
helps us ensure our aims. objectwes and actNities remain ￿￿uSSed on OUT stated purposes.
Strategi¢ report
The ftillowing sections for a¢h￿veMentS and perfompnce and financial review foTrn the strategic report
of the charity.

Smethwick Asra Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (¢ontinued)
Year ended 31 March 2022
Achievements and performance
How Our A¢tivlties Deliver Public Benefrt
The Injslees have complied with their duty to have due regard to the guidance on public benefi.t
published by the Charity Commi$5K)n in exercising their powers and duties.
We have continued to provide Ca￿ for those who need supwrt vthh their daily INing via our domiciliary
care service. ￿al matter is that Asian elderty suffefing with poor health and disabilities get help as
quickly as possib￿? Thanks lo ASRA'S workers and managers. p￿pIe have received uninterrupted
seivices throughout the year_
The Day Care service reopened in April 2021 in Bimingham and.in September 2021 in Sandwell.
Respectrvejy Initial Covid anX￿ty redueed the numbers of Servi￿ usefs attending considerabty. We
continued to provide Day Care at Horne to the nTh)st vulnerable who were reluctant lo come to the day
centres. This included providing S￿la1 Contact, pwti¢al help and personal care as safely as possible.
In December 21 we managed lo regain our ratiryJ of GOOD from Care Quality Commission. A big thank
you to Johanna mil￿r-legiS1ered Care Manager, Samara Mahmwd and Julbe Harrison our consultant.
Whilst everyt*)dy has Strugg￿ to adjust lo a new normal and the impact of Covid-19. our Covid safe
practices have ensured NO breakout of illness in either of our centres.
Services al the day cenlres include tran5PQrtation. hot meals. (breakfast and lunch). bathing services
and health and sock81 acb"vities. These particular services include exercise and aromatherapy sessions,
health promotion. arts and crafts and external outings.
Over the years day care seryice s commisS￿ned ty Bimingham, Dudley and Sandwell Adult
Community Services on spot purchase basis, has prevented institu1￿nalIs#t10n of a large number of
eldedy and has albwed them to be cared for wthin the famitylcommunity fohJ,
The prolonged and deslruclive pandemic contributed to a major impact on the lives of our clients,
familie5, communty at large and Iwr business. unprecedenled number of lives have been lost
nationally and locally It has also highlighted the inequality in not only Health and Social Care but also
in Bntish Society. Black and Asian elderty have been hrt disproporh"onatety ￿th in tems of illness and
death. Vve have lost a conshlerable number of clients due to Covid-19

Smethwick Asra Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Directorfs Report) (¢OnllnuedJ
Year ended 31 March 2022
Achievements and performance (¢onliftued)
The challenges of Covid years continue.
We would like to convey the deepest appreuatton and thanks to san1￿￿11 MBC. Birmingham City
Council and those involved in our work for both financial and strategic support. We have improved and
deepened our relationship ￿th all of our stskeholders during this per
The reduced numtef of servFce users and a reducts.on in days has ￿$utted in a sonifKanl reducth'on in
our incoffE 51ream due to CovbJ-19 in part and economic pressu￿ Irom cash flow.
As Birmingham City Council and Sandwell continued to pay for care servi￿$ at pre-covid levels, we
repaid £50,000 initially claimed under the Govemment Furtough Scherne.
Once again we had to adapt our existing approach to govemance lo a changed and changing wor¢d by
sITengthening our organisational capabilitEs and diversity.
For the fvture our fcus will be on continuing to strengthen our reserves, which we plan to achieve
through cost and efficiency savings. and the return of more stable and positive fundraising and grar¢l-
aid policies. We would redouble our efforts lo tap into the deeply held commitment to chafrtable giving
by British socEty by promoting the positive impact our work has on our beneficiaries.
If anything. the next few years wll be even more critical as we plan lo adapt in this environment. We will
closely monitor the tTends wh￿h impact the Heallh and Social Care environments as the medium and
longer term plans for soc¢al care funding are 5b"Il up in the air.
We will also plan to meet our environnEnlal. social and govemance {ESG} commrtments and adopt
robust policies on Sustsinability and decarbonisalion.
We airn lo build incremental and sustsinabk income gri)wth and do much n￿re with the money we have
whilst improving our operational praCt￿S and models of working to be more efficient.
The board has considered how planned actNi1￿5 contribute to meeting ASRA'S obje¢twes and how to
delNer our principal charitable obJectNes_ We will do this by".
Increasinglimproving health and social ￿re services
Providing building-base community fa¢ilib"es to individuals and groups
Starting a Fllendship project to combat loneliness for the elderly
Working on an Asian Dementia servv for sufferers and Iheir carers

Smethwick Asra Limited
Company Limited by Guarantee
Trustees, Annual Report {Incorporating the Director's Report) feontinued)
Year ended 31 March 2022
A¢hievements and p¢rfornian¢¢ (eoniinued)
We have continued to implement an organisation Covid 19 ActK)n Pan. Wth almost all of our service
users classified as vulnerable we have been doing our utsrnst lo keep safe and well those we Iwk after
in Ihe most challenging of circumstances.
We have continued to provide a Oay care at Home SeNti. Staff have been providing s¢xial contact,
practical help and personal care lo Servi￿ users at their home as safely as Fossible.
Once again a very strict regime of infection prevention and conlrol, extensive use of PPE, reducing
workforce movements, training in InfeCt￿n control quaranlining and testing has made us extremely
fortunate in that we have not had any asymplomatic transmission of Covid 19 via staff or service users_
Once again the community services remained closed during the year.
Our donwciliary care service provided to 48 elderly and disabled people has been improving the quality
of life for the se￿1￿ users who are often terminally ill, recovering from a major Operat￿n, strokes or
heart attacks. orwho are Pern￿nen￿Y disabled. The service supports and assists the carers and families
in personal and domestsc tasks and tnes lo share the burdert of lookr.ng after someone 24 hours a day
Financial review
The majority ofour income is derived mainty from contracts with Local AUthorit￿S and a proport*Jn from
private individuals and from bng and short-lemi letting of our Smethwick premise5.
All of the charity's income is directed towards the provision of its c¢ye seryices of day ¢are and
domi¢iliary cafe Wlh one exception the Iruslees consider all income lo be unresth.ded In its use. In the
current year a donation of £1,400 was receNed lo be used for a party. Due lo Covid restr￿lI0n$ this
money has not yel been spent and is carried forward lo a ftrture year.
Totsl in¢ome for the year deueased from £941.890 in 2021 to £855.139 in 2022. This is mainly as
result of the effect of the pandemic on our home-based servus.
Total expenditure also decreased. from £861.556 in 202110 £837.810 in 2022.
The net result was a surplus for Ihe year of £17,329 {2021.. £80.3441. Thi5 arnount has been added to
ieseTres to assisl in develowng futuo servtts. Free reseNes, ie those not comprising fixed assets
stood al £138.165.
Inve61ments
There are no nel cu￿ent assets available for hjng-term investment. The only investments we may make
are short-term deposits eaming interest.

Smethwick Asra Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (¢ofttthu80)
Year ended 31 March 2022
Financial review (Coftfinuedj
Reserves
The board has examined the company's requirements for reseNes in the light of the main risks to the
charity. The unrestricted ftjnds not commffted or invested in tangible fixed assets are needed lo meet
the working capital requirements of the charity. The board are aware of the need to create significant
free reserves to be able to sustain the currenl xtivtties of the charity in the event of a significant drop
in funding and are working towards this. There are initial plans regarding additM)nal services that might
be provided depending upon funds ￿ing available.
Our aim is to continue lo build resources from planned operatin9 surpluse5.
Structure, governance and management
We are a charitable company limited by guarantee, incorporated on 5th October 1987 and registered
as a charity on 11th Oecember 1987_ The company was established under a Memorandum of
Association whth sets out the objecis and power5 of the charitable Company and is governed under ils
Articles of Association. In the event of the ￿MpanY being wound up meM￿rS are required to
contribute an amount not exceeding £1.
The ctsrrenl trustees are shown on page 6. All have served throughout the year.
There are currenuy four board members forming a goc#J cro￿-SeCtion of community represenlalion.
Generalty all n*mbers are active in the community and are professional Working people. Their
backgrounds cover business and education, local governmenl. constru¢bon. and communty and caring
development aspects. No new trustees have been appointed for a number of years.
For the purposes of company law the tiustees are the directors of the company. They give their b.me
voluntsrily and receive no remuneration or benefits from the company in their role as trustees.
Board meetings are hekl quartety or more frequently when necessary and the board is responsible for
the strategic directron and policy of the charity.
A scheme of delegat￿n 15 in place and day to day resFon5ibility for the proviS￿n of the services rests
with the Projects Director together with the Registered Care Manager. The Projects Director is
responsible for ensuring that the charity delwers the SerV￿eS specified and that the key performance
indicators are mei. The Registered Care Manager is responsible for the operation of care services, Local
Authority contract compliance. maintenance of Care Quality Stsndards, management of the staff team
and also ensuring Ihal the team contsnue to develop their skills and worknng practices In order lo deliver
high quality Serv￿eS.

Smethwick Asra Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Directorfs Report) (¢Mllnutd)
Year ènded 31 March 2022
structure, governance and management (rwlinuqdj
The board of directors has the responsibility for ensuring that the organisation has in pla￿ an
appropriate system of control, financial and otherwise to provide reasonable assuran￿ that the charity
is operating efficienty and effeclivety.. its assets are safeguarded against unaulhon5ed use or
disposition", that proper records are maintained and financial infomiation used within the charity for
publication is relkgble," and the charity complies with relevant laws and regulatsons.
11 is the role of the Treasurer to examine the effectiveness of the systems of internal financial control on
behalf of the boar¢J so Ihal any S￿nth¢ant findings or idenlthed risks can te acted upon.
The systems of financial control are designed lo pro¥￿e reasonable. but not absolute assurance against
malefBI mis-staternent or loss. They include..
A corporate plan and an annual budget for approval by the board.
Regular consi(Jeralion by the board of actual results compared with budgets and forecasts.
Delegation of authority to spend within deady defined limf(s.
Segregation of duties.
Identification and management of financial risks by the iM)ard and line management.
Reference and administralive details
Registered charity name
SnEthwick Asra Limited
Charity registration numbgr
519620
Company regi5tralion nUM￿r 2173760
Printipal offlce and reglstered ASRA Heamh and &tial Care Centre
office
Fenton Street
Smethwick
West Midlands
B66 1HR
The trustees
Mrs S Mehra-chair
Mr A Nagra-w￿e Chair
Mr M Salim-Treasurer
Mr S Singh
Independtrnt examiner
Malcolm Wllcox FCCA
Malcolm Wltox & Co
Hagley House
93 Hagley Road
Edgbaslon
Birmingham
B16 8LA

Smethwick Asra Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) f¢onUnu
Year ended 31 March 2022
The trustees. annual report and the strategic rewl were approved on 21 December 2022 and signed
on behalf of the ljoard of trustees by..
HRA (MRSI
Chair

Smethwick Asra Limited
Company Limited by Guarantee
Independent Examinerfs Report to the Trustees of Smethwick Asra Limitèd
Year ended 31 March 2022
I report lo the trustees on my eXa￿￿natiOn of the finanaal ststements of Smelhwick A5ra Limited ('Ihe
charity'l for the year ended 31 March 2022.
Responslbilities and basis of report
As the trustees of the company {and also rts directors for the purposes of company lawl you are
responsible for the preparalk)n of the financial statements in acLordance with the requirements of the
Companies Act 20061'the 2006 ACYI
Having satisfied myself thai the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examinatDn, I report in respect of my examination of
the charity's accounts as carried out under secb.on 145 of the char￿ Act 2011 I'the 2011 Acl'l. In
carrying out my examination I have followed the Direct￿n5 given by the Charity Commission under
section 14515}Ibl of the 2011 Act
Independent examinerfs statement
Since the chanty's gross income exceeded £250.000 your examiner must be a member of a body listed
in seets.on 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am
a memkr of the Insti￿te of Chartered Acc(wntants in England and Wales IICAEW), which is one of the
listed bodies.
I have completed my examination. I confim that no matters have come to my attentson in connection
with the eXaMinat￿n giving me cause lo bel￿e that in any material respeet..
1. accounting records We￿ not kept in respect of the Company as required by section 386 of Ihe 2006
Act., OT
2. the accounts do not accord with those records", or
3. the aceounls do not compty wrth the accountsng requirements of section 396 of the 20[￿ Act other
than any requirement that the accounts gNe a 'true and fair viev¥ which ss not a matter corbsidered as
part of an independent examination." or
4. the accounts have not been prepared in accordance with the methods and pnnciples ofthe Statenknt
of Re¢ommended Praclrce for accounting and reFQrting by charities (applicable to charrties preparing
their accounts in accordance wlh the Financial Re￿rtIng Standard applicable in the UK and Republ
of Ireland IFRS 10211.
I have no concems and have come across no other matters in connech.on with the examination to which
attention should be drawn in Ihis reptyt in order lo enable a proper understsnding of the accounts to be
reached
Malcolm Willcox FCCA
Independent Examiner
Malcolm Willcox & Co
H2gley House
93 Hagley Road
Edgbaslon
Birmingham
B16 8LA
Is,
December 2022

Smethwick Asra Limited
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2022
2022
Restr￿ted
fijnds Totsl funds Total fijnds
2021
Unrestricted
fvnds
Note
Income and endowments
Donations and legacies
Charitable activities
Other trading activit
Investment income
49.252
803.407
1,080
1.400
50.652
803.407
1,080
56,777
873,294
11,800
19
Total income
853.739
1.400
855,139
941,890
Expenditure
Expenditure on charitsble actNitses
Total expenditure
9,10
837,810
837.810
861,556
861,556
837.810
837.810
Net incomt and net movement in funds
15,929
1.400
17,329
80.334
Reconciliation of funds
Total funds brought foThvard
Total funds carried forwanl
447.863
447,863
465.192
367,529
447.863
463,792
1,400
The statement of financial activities includes all gains and losses reco9nrsed in the year.
All income and expenditure derive from conts"ftuing ath"vrtEs.
The notes on pages 12 to 20 forni part of these financial $tstemeftts.

Smethwick Asra Limited
Company Limited by Guarantee
Statement of Financial Position
31 March 2022
2022
2021
Note
Flxed assets
Tangl￿e fixed assets.
16
327,027
245,233
Currenl assets
Debtors
Cash al bank and In hand
17
201,336
63,748
265.084
196.862
1C6,996
303,858
CreditOf5.' amounts falling due within one year
Net current assets
126.919
101,228
202,630
447.863
138.165
465,192
465.192
Total assets less current liabillties
Nel assets
447,863
Funds ol the charity
Restricted funds
Unrestricted funds
1,400
463,792
465,192
447,863
447,863
Total charity funds
21
For the year ending 31 Mafch 2022 the charty was enlrtled lo exemption from audit under section 477
of the Companies Act 20[￿ relaling lo small Compan￿$.
Directors, responsibilits"es'.
The members have not required the company to obtsin an audrt of its financial ststements for the
year in qUest￿n in accordance wrth secb.on 476..
The directors acknowledge Iheir responsibilib.es for complying with the requiiemenls of the Act with
respecl to accountin9 rewds and the preparats.on of financial statements.
These finaneial stslemenls have been prepared in accordance wth the provisions applicable to
companies subject to the small Compan￿$. regime_
These financial statements were approved by the board of trustees and authorised for issue on 21
December 2022, and are signed on behalf of the board by..
SMEH
IMRS)
S SINGH
Directorlchair of Trustees
DirectOr￿rUStee
Th• notès on pages 12 to 20 fom) part of these fin•ncÉ•l statements.
10

Smethwick Asra Limited
Company Limited by Guarantse
Statement of Cash Flows
Year ended 31 March 2022
2022
2021
Cash Ilows from operatlng activities
Net income
17,329
80.334
Adjusfments for..
DepTecialion of tangible fixed assets
Govemmenl grant income
DivKJends, interest and rents from inVes￿nts
Accwed expensesllirtconEI
(81.7941
(48.982)
16,050
{55,4931
119)
16.3061
9,747
Changes in..
Trade and other debtors
Trade Ènd olher creditors
14.474)
15.944
{49,614}
2.075
Cash generated from operalions
Nel cash used in operating activit
192.230)
192.230)
112,9731
(12,973)
Cash flows from investing activities
Dividends, interest and rents from invest￿ents
Pur¢ha5e of tangible as5eis
Net cash used in investing activit
19
15,2581
15,2391
Cash Ilows from financing activities
Government grant income
Nel cash from financing activiti.es
48,982
48.982
55,493
S5.493
Net {decrease)Ilncrease in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
(43,2481
106,996
63.748
37.281
69.715
106,996
Th• not•s on pages 12 to 20 forni part ofthese fift4￿13• $tstem•nts.
11

Smethwick Asra Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2022
General Infomiatlon
The chanty is a Publ￿ benefrt entty arKt a pnvate company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The aJdre5s of the registered
office is ASRA Health and Soo'al Care Centre. Fenton Sireel, S￿￿thWiCk. Wesl Midlands. 866
1HR.
statement of cornpliance
These financial statements have been prepared in compliants with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,. the Statement of
Recommended PraCt￿e applicable lo charit￿$ p￿paring their accounts in accordance with the
Financial Reports"ng Standard applioble In the UK and Republ￿ of Ireland IFRS 102) (Charities
SORP IFRS 10211 and the Companies Act 20C
Ac¢ounting pollcies
Basis of prepardtion
The financial statements have been prepared on the histor￿1 cosl ba51S.
Going concern
There are no materBI uncertaint*s about the charity's a￿.1}fy to continue.
Disclosure exemptions
The charity satisfies the crits1￿ of being a qualifying enbty as defined in FRS 102 ty reason of
being small. As such. advantage has been tskerb of the following disclosure exemptions available
under paragraph 1_12 of FRS 102.
Disclosures in respecl of financial instruments have nol been presented.
12

Smethwick Asra Limited
Company Limited by Guarantee
Notes to the Financial Statements (conllnu8d)
Year ended 31 March 2022
Accounting policies
Judgements and key sources of estlmation uncertainty
The preparation of the financial state￿￿nts requires managerrEnl to rroke judgements. e51iniate5
and assumptions that affect the amounts reported. These estimates and judgemen15 are
continually reviewed and are based on experience and other factors, induding expectstions of
future events that are believed to be reasonable under the Circumstances.
Significant judgenEnts
In the opinion of the trustees there are no judgements (apart from those involving eslimalionsl that
management has made in the process of applying the entity's accounbng poliC￿S that have
significant effect on the amunts recognised in Ihe financial stslements.
Key sources of estsmakn.on un￿rtaInty
Accounting estimates and assumptions are made conceming the hjture and, by their nature, will
rarely equal the related actual outcome. The key assumptions and other sources of estimation
ur￿rta1nty that have a significanl nsk of causing a material adjustment to the caryin9 ar1￿)Unts of
assets and liabilities within the next financial year are as follows..
That the depreciation provided on the leasehdd properbes and other assets is neither
excessive or insuffrient in relation lo actual impaimient suffered. The carrying value5 of the
assets are £327,027.
That the service debtors, having made alknwances for dispules and bad debts are reeoverable
at the staled carrying value of £175.928.
Fund accounting
Unrestricted fvnd5 are available for use at the discretKJn of the trustees to further any of the
charity'5 purposes. Restncled funds are subjected to restr￿lI0n$ on their expenditure (Se¢lared by
the donor or through the terms ofan appeal. and fall into one of sub4asses." reslricled income
funds or endowment frjnds. There are currently no restr￿ted ftjnds held_
Incoming resources
Income
All Income is included in the statement of financial actwities when the chanty is entitled lo the
Income, any performance related Cor￿l￿On5 attached have been met or are fully within the control
of the charity, the Incorne is considered probable and the amount can be quantified with reasonable
accuracy. The folbwing specthc policies are applied to particular categories of Income..
Donat￿nS and legacy income is receNed by way of donations, legacies, grants and gifts and
is induded in fvll in the Statement of Financial Activities when receivable.
Grants, where entitlement Is nol conditional on the delivery of a specific perfomian¢e by the
charity. a￿ recognised when the chafity becomes unconditKJnalty entslled to the gianL
Investment incon*. including income from propety letting and room-hire is included when
receivable.
13

Smethwick Asra Limited
Company Limited by Guarantee
Notes to the Financial Statements l¢oftbn
Year ended 31 March 2022
Accounting policies {¢oniinu¢¢ll
Resource$ expend¢d
Expenditure
Expenditure is recc*Jnised on an accruals basis as a liability is incurred. Expendrture Include5 all
VAT as this cannot be recovered, and is reported a5 part of the expendrture to which it relates."
Costs of raising lunds comprise the costs associated with attractsng donabons, grants and
legacies and the costs of trading for fundraising purposes.
Charitable expenditure comprises those costs inCu￿e￿ by the charity in the delivery of ils
activities and services for rts beneficiaries. It indudes both costs that can be allocated directly
to such activities and those costs of an indireel nature necessary lo support them.
Other expenditure includes all expenditu￿ that is neither felated to raising funds for the charity
nor part of its exFendilure on charitable activities.
All costs are allocated be￿een the exFenditure Categor￿$ of the SOFA on a basis designed
lo reflect the use of the resource. Costs relab.ng lo a particular acts.vity are alIC￿ated directly.
others are apportioned on an appropriate basis.
Tangible assets
Tangible assets are initialty re￿rded atcosL and subsequentty slated atcost less any accumLblated
depreciation and imp81m￿nt losses.
Depreclation
Depreciation is calculated so as to wrile off the cost or valuakn.on of an asset. les$ ils residual value.
over the useful economic life of that asset as follows".
Long Leasehold
Furniture
Motor Vehicles
offi￿ Equipment
Short Leasehold
Over the term of the lease-125 years
25% straighl line
33% slraighl line
25% Straight line
Over the term of the lease
Impalrment ￿ fixed assets
A review for indicators of impairment is carried out at each reportin9 dale, with the recoverable
amount being estimated where such indtstors exist. lthere the carrying value exceeds the
recoverable amount. the asset ts impaired accordingly. Prior impaimients are also reviewed for
p0￿bIe reversal al each reporb.ng date.
Gov•rnm•nt grants
Govemment grartls a￿ recognised at the fair value of the asset received or receNable. Grants are
not recognised until there is reasonable assurance that the chartty will compty with the condits.ons
atiaching lo them and the grants will be received.
here the grant does not impose specified ftrture perf0mian￿4elaled conditions on the recipient.
il is recognised in income when the grant proceeds are received or receivable. Where the grant
does impose specified fvture performan￿related ￿nd￿lon$ on the reciptenl, il is recognised in
income only when the performance-relaled condrtK)ns have been mel. Where grants received are
prior to satisfying the revenue recognition criteria. they are recognised as a liability.
14

Smethwick Asra Limited
Company Limitsd by Guarantee
Notes to the Financial Statements (cL¥thnuedJ
Year ended 31 March 2022
Accountirbg policie5 icohfjnu841)
Financial instruments
A financial asset or 2 finèneial l￿brIty is recognised only when the entity becomes a paty to the
contractual provisions of the instrument. Basic finaneial instruments are inrtially recognised al the
amount receivable or payable induding any felaled transaction costs. Current assets and current
liabilities are subsequentty ￿aSured al the cash or other consideration expected to be paid or
received and not discounted.
Defined contrlbutlon plans
Contributions to defined contribut￿n plans are recognised as an expense in the period in wh￿h
the related service is provided. Prepaid conlribvlions are recognise¢J as an 85sel lo the extent that
the prepayment will lead to a reduction in future paYff￿nts or a cash refvnd.
Lim6ted by guaraDlee
The company Is limrted by guarantee. In the event of a winding up or dissolution of the company
memberfs h"abilty is limited to £1 each. At 31 March 2022 there were 4 membets.
Donattons and legacies
Unrestricted
Funds
Restricted Total Funds
Fun(Js
2022
Donations
Donations
1.400
1.400
Grants
Government grant income
48.982
48,982
Other donations and legacies
Sundry income
270
270
49.252
1.400
50.652
Unrestricted
Funds
Restricted Total Funds
Funds
2021
Donations
Donations
Grants
Govemment grant income
55,493
55,493
Other donations and kgacies
Sundry incon
1,284
1,284
56.777
56,777
15

Smethwick Asra Limited
Company Limited by Guarantee
Notes to the Financial Statements (cl￿￿￿0￿)
Year ended 31 March 2022
Charitable activities
unrestr￿le￿ Total Funds Unrestricted Total Funds
Funds
2022
Funds
2021
Day and home care seryices
803.407
803.407
873.294
873,294
Other trading activities
Unrestricted Tolal Funds Unreslricted Total Funds
Funds
2022
Funds
2021
Letting and licensing
1.080
1.080
11.800
11,800
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2022
Funds
2021
Income from cash investments
19
19
Expendlture on charitable aclivilies by fund type
Unrestricted Total Funds Unrestncted Total Funds
FU￿￿5
2022
Funds
2021
Home and day care
Supp)rt costs
763.441
74.369
763,441
74,369
837,810
795,095
66,461
795.095
66,461
B37,810
861,556
861.556
10. Expenditure on ¢haritable aclivilies by activity type
Acbvities
undertaken
directty
Supwjrt Total funds
costs
2022
Total fund
2021
Home and day Care
Govemance
763.441
71,969
2,400
74,369
835,410
2,400
837,810
858, 152
3.404
763.441
861.556
11. Anatysis ol support costs
Care Costs Total 2022 Total 2021
Staff costs
Communicab'ons and IT
Governance costs
71,968
71,968
60,276
2,781
3,404
2.400
2,400
74.368
74.368
66,461
16

Smethwick Asra Limited
Company Limited by Guarantee
Notes to the Financial Statements iconfrftued)
Year ended 31 March 2022
12. Net income
Net income ts stated after chargingl(crediti"ngi'.
2022
2021
Dep￿CIatIOn of tangible fixed assets
Operating lease renta15
181.7941
86.254
16,050
83,643
13. Independent examination fees
2022
2021
Fee5 payable to the independent examiner for.
Independent examinab'on of the financial slatements
2,400
2,400
14. Staff costs
The tolal staff costs and employee beneffts for the rep)￿"ng period are analysed as follows..
2022
2021
Wages and sal3r*s
Social security costs
Employer contnbulions to pension plans
Other employee benefits
$84,210
34.063
14,310
587,947
32,139
7.923
5.726
637.027
633.735
The average head count of employees during the year was 3912021.. 43). The average number of
fulktime equivalent employees during the year is analysed as follows..
2022
No.
2021
No.
Number of management staff
NLsmber of adminislralion and 5UPPOrt
Number of care and ancillary staff
30
30
35
35
No employee received emptyee benefits of more than £60.000 during the yeaf12021'. Nil).
Key Management Pernonnel
In the opinion of the trustees the key management personnel during the year were the Projects
Director and the Cafe Managers. Their totsl remuneralron during the year was £94,6D4 {2021.'
£70.685).
15. Trustee remuneralion and expensgs
no remuneration or other benefits from emptyment the chafity or a related entty were
received by the Iruslees.
17

Smethwick Asra Limited
Company Limited by Guarantee
Notes to the Financial Statements (¢Mbnue
Year ended 31 Ma￿h 2022
16. Tangible fixed assets
Lc
leasehold Fixtures and
propety
fitb.ngs
sp
leasehold
proFerty
Motor
vehicles Equipment
Total
Cost
At 1 Apr 2021
and 31 Mar 2022
397,242
2.000
45.536
3.458
55,005
503,241
Depreclation
Al 1 Apr 2021
Charge for the
year
At 31 Mar 2022
170,424
1,500
43,736
850
41.498
258,008
190.974)
79,450
500
1,075
850
6,755
48,253
{81,7941
176,214
2,1)00
44.811
1.700
Carrying amount
At 31 Maf 2022
317,792
725
1.758
6,752
327,027
At31 Mar2021
226,818
500
1.800
2.608
13,507
245,233
17. Debtors
2022
2021
Trade debtors
Prepayments and a¢¢rued income
Other debtors
175,928
10,758
14,650
201.336
169,805
22,216
4,841
196,862
18. Credilors: amounts falling due within one year
2022
2021
Trade creditors
Accruals and defeffed income
Stxial security and other taxes
Sundry creditors
Other creditors
17.963
23.681
35.414
22.354
13.934
26.520
695
37,725
101.228
49.015
126,919
19. Pensions and other post rntirement benefits
Defined Contrib￿lon plans
The amount reccw3nised in inconE C￿ expenditure as an expense in relation to defined contribution
plans was £14.310 {2021= £7,923).
18

Smethwick Asra Limited
Company Limited by Guarantee
Notes to the Financial Statsments (conlirtu•dJ
Year ended 31 March 2022
20. Government grants
The amounts reeognised in financial statements for govemment grants are as follows."
2022
2021
Recognised in income from dOnat￿S and legacies".
Governrnent grants income
48.982
55,493
21. Analysis of charitable fvnds
Unrestricted funds
At
31 March 20
22
At
1 Apn"12021
Income Expenditure
General fvnds
447,863
853,739
1837.8101
463.792
Al
31 March 20
21
At
1 April 2020
Inco￿¢ Expenditure
General lunds
367,529
941.8
1661.5561
447,863
Restricted funds
At
31 March 20
22
1 April 2021
Income Expenditure
Centre Enlertsinmenl
1,400
1.400
At
31 March 20
21
At
1 April 2020
Income Expenditure
Centre Entertainment
19

Smethwick Asra Limited
Company Limited by Guarantee
Notes to the Financial Statements {conlinu•dJ
Year ended 31 March 2022
22. Analysis of nel assets between funds
Ullrestr￿ed
Funds
Restficted Total Funds
Funds
2022
Tangible fixed assets
Current assets
Creditors less than 1 year
Not assets
327.027
263.684
{126.9191
463,792
327.027
265.084
1126.9191
465.192
1.400
1,400
Unrestricted
Funds
Restricted Total Funds
Funds
2021
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
245,233
300.562
197.932)
447,863
245.233
300,562
197,9321
447,863
23. Analysis of changes in net debt
At
At 1 Apr 2021 Cash flows 31 Mar 2022
Cash at bank and in hand
106,9
143.2481
63,748
24. Operatlng lease commitinents
The total of the annual rents payable in respect of leases leminating in more than 5 years is
£1,450,00012021. £1.465,0001. and within 1- 2 year5 is £70,00012021-£120.OCKI)
25. Relatgd parties
None of the directors, who are also the charity's trustees. received any remuneration or
reimbursemenl of expenses during Ihe year.
In a Previous year the charity rented out a spafe room in ils premises lo Mrs S Mehra, ¢hair of the
trustees The amount receivable was £3,000 which remains oulslanding al the year.end. No rent
was receivab￿ during the current year or the immediately preceding year.