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2022-03-31-accounts

T H E M I L L S , C A N A L S T R E E T , D E R B Y D E 1 2 R J T : 0 1 3 3 2 3 6 5 8 5 5 F : 0 1 3 3 2 2 9 1 2 9 4 E : E N Q U I R I E S @ B A T E S W E S T O N . C O . U K

W : W W W . B A T E S W E S T O N . C O . U K

Mrs P J Rickerby Community Action Derby Limited 4 Charnwood Street Derby DE1 2GT

WT\AF\C591\AUDIT.46

15 August 2022

Dear Pam

Community Action Derby Limited Financial Statements for the Period Ended 31 March 2022

The Financial Statements have been completed following our meeting and include all the final adjustments as we discussed but if there are any further points requiring clarification please do not hesitate to contact me.

The documents required to be formally signed and dated are detailed in the table below and follow on from this letter. By e-signing this combined document through the portal, you are confirming your acceptance, approval and formal sign off for each of the following individual documents without exception:

----- Start of picture text -----
Document
Accounts for board approval
Management Report of the Auditors
Incorporating the Management letter and
Letter of Representation
Corporation Tax return CT600
----- End of picture text -----

Post Balance Sheet and Post Audit Information

The directors and the auditors are required to consider, and take account of if applicable, all events up to the date of signing of the financial statements and auditors’ report respectively that may need reflecting in the financial statements. Accordingly, under ISA 560 Bates Weston Audit Ltd require sight of the latest management accounts and also minutes or correspondence that may be relevant to our audit.

Bates Weston LLP is a Limited Liability Partnership. Registered in England and Wales 0C361828. Bates Weston is the trading name of Bates Weston LLP. Registered Office: The Mills, Canal Street, Derby DE1 2RJ. A full list of members can be found at the Registered Office. Regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.

Mrs P J Rickerby Community Action Derby Limited

15 August 2022

Company Taxation

In due course a copy of the Financial Statements and CT600 will be forwarded to HM Revenue & Customs (“HMRC”) together with our notes and computations. The Corporation Tax Return indicates that the Corporation Tax liability will be £nil .

Finally it is now appropriate to bring our charges up to date and accordingly I send our invoices for your kind attention.

We regret that final certified accounts cannot be released or filed at Companies House until Bates Weston Audit Ltd have received all the signed documentation including such post balance sheet information they consider adequate for our audit opinion.

Delay in returning all the documents above may involve extra audit work and consequently further fees.

Yours sincerely

Wayne Thomas For and on behalf of Bates Weston LLP

Encs

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Registered number: 02994798 Charity number: 1043482

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the Charity, its Trustees and advisers 1
Trustees' report 2 - 8
Independent auditors' report on the financial statements 9 - 11
Statement of financial activities 12
Balance sheet 13
Statement of cash flows 14
Notes to the financial statements 15 - 31

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2022

Trustees J Smale
M Attenborrow (resigned 30 June 2021)
A K Curley (resigned 28 January 2022)
R Shaikh
R G Khumalo
M T Mudzamiri
R Manship
Dr K Wing (resigned 4 November 2021)
P J Rickerby
M Vernon
M Newey
S Walia (appointed 4 November 2021)
R Dale (appointed 4 November 2021)
I Baqui (appointed 4 November 2021)
C Wright (appointed 4 November 2021)
G Sweeney (appointed 4 November 2021)
H Latham (appointed 4 November 2021)
A Afzal (appointed 4 November 2021)
Company registered
number
02994798
Charity registered
number
1043482
Registered office
4 Charnwood Street
Derby
DE1 2GT
Observers
N Peatfield J Khan
Company secretary
Kim Harper
Chief executive officer
Kim Harper
Independent auditors
Bates Weston Audit Ltd
Statutory Auditors
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ
Bankers
Lloyds Bank
43 Irongate
Derby
DE1 3FT

Page 1

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022

CHARITABLE OBJECTS

Our charitable objects are:

STRUCTURE, GOVERNANCE AND MANAGEMENT

Community Action Derby Ltd is registered as a charitable company limited by guarantee, registered with both Companies House and the Charity Commission for England & Wales, It was established under a Memorandum of Association on 25 November 1994 as amended by special resolutions dated 17 February 1995, 28 November 1995, 11 November 1998 and 2 November 2007 and Certificate of Incorporation dated 24 July 2009. Registered charity number 1043482 and company limited by guarantee number 994798. Registered office: 4 Charnwood Street, Derby DE1 2GT.

The management of the charitable company is the responsibility of the charity trustees who are elected and coopted under the terms of the Articles of Association as detailed below. The directors of the company are also charity trustees for the purpose of charity law and under the Articles of Association are known as Management Board members.

The charity’s Management Board meets quarterly and is responsible for the strategic direction and policy of the organisation. The operational management of the charity and day-to-day responsibility for its running lies with the Chief Executive Officer, with a team of managers responsible for the delivery of defined services and functions, including the line management of frontline staff and volunteers.

RECRUITMENT, APPOINTMENT AND INDUCTION OF TRUSTEES

The Management Board is elected and co-opted by the charity’s members under the terms of the Articles of Association. Members of the charity are individuals or non-profit distributing voluntary bodies in sympathy with the objects of the charity, or their nominated representatives in the case of unincorporated organisations.

The Management Board consists of between 6 and 16 Board members including up to 2 Board members appointed by Derby City Council and 1 Board members appointed by Derbyshire County Council. Under the requirements of the Memorandum and Articles of Association one third of the Board must retire at each annual general meeting. They are eligible for re-election. The Board has powers to co-opt members at any time during the year should a position become vacant and the new appointment is then required to stand for election at the following AGM.

The organisation strives to ensure the diversity of its beneficiaries is reflected within the membership of the board and that directors have the relevant business and practical experience required. Recruitment of Board members achieved by a variety of methods, including inviting nominations from the charity’s members and a direct approach, where the need for specific skills has been identified.

The organisation has a Trustee induction pack, which all new Trustees receive on acceptance of their nomination to the Management Board. The induction process consists of a meeting with the senior management team and a meeting with the Chief Executive as well as the provision of literature and discussion on the background and history of the organisation and the roles and responsibilities of Trustees. Regular training is facilitated to update Trustees on current regulations and on their commitment as Trustees, including SORP, internal policy implementation, responsibilities of Trustees and Human Resources.

PAY POLICY FOR KEY MANAGEMENT PERSONNEL

The annual pay and working hours of the organisation’s senior staff members is reviewed annually as part of the budget setting process. Where a significant change in salary is proposed or requested this is benchmarked

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COMMUNITY ACTION DERBY LIMITED (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

against comparable posts in charities of a similar nature and size.

AFFILIATION TO AND MEMBERSHIP OF OTHER BODIES

The charity is a member of the National Association for Voluntary and Community Action (NAVCA) a national umbrella and membership organisation for local voluntary sector support and development organisations, and provides services that cover the core areas of work defined by NAVCA as a condition of membership, all of which fall within our charitable objects. These are: Development, Representation, Liaison, Practical Support and Strategic Partnerships. The charity is also member of the National Council of Voluntary Organisations (NCVO). The charity is a member of 3D (Third Sector Support for Derbyshire) an informal collaborative network of similar organisations operating across Derby & Derbyshire.

RELATED PARTIES

Community Action has no related parties that make a significant impact upon the operating policies adopted by the organisation. Declarations of interest are completed annually by Trustees to ensure that the opportunities for conflict of interest, pecuniary or non-pecuniary are mitigated against. A list of all current related parties for the financial year and details of related party transactions has been disclosed in the accounts.

PUBLIC BENEFIT

The trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing the organisation’s aims and objectives and in planning activities, and have complied with the Charities Act 2011.

Our main beneficiaries are voluntary, community and social enterprise (VCSE) organisations and, indirectly, their beneficiaries. Some of our activities also directly benefit individuals such as those engaging with our employability projects, social prescribing link workers or those using the Volunteer Centre service to find volunteering.

All our charitable activities deliver against 5 main strategic aims which are:

Through our wide VCSE sector membership we are able to engage, bring together and facilitate meaningful communication with diverse groups, to identify their needs and those of their beneficiaries, and use this information to bring about positive change, for individuals and communities.

The public benefits that flow from our charitable objects, strategic aims and activities include:

Page 3

COMMUNITY ACTION DERBY LIMITED (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Our activities during the year 2021/2022 are described in the report below.

The public benefits identified above are evidenced through:

We have not identified any private benefits other than those incidental to the furtherance of our charitable purposes. Nor have we identified any harm arising from our purposes.

ACTIVITIES AND ACHIEVEMENTS DURING THE YEAR

CA has operated during the year supporting the sector and Derby’s communities in the continuing pandemic. The focus has been on recovery and working with the VCSE to attract investment and resource for our communities and partners to support Derby’s response and offer for its communities, whilst planning for the longer term and sustainability.

1. Community Response to COVID-19 and recovery planning

The fundamental approach has continued

During the COVID-19 Pandemic, Derby’s VCSE Sector has been proactive and received recognition, support, and resources from Derby City Council and other funders to support its communities. CA has supported the community hub and its partnership approach. CA has worked with its statutory and non-statutory partners to support the response via the hub, which has continued as a dedicated resource to support those in need of check in and chat, foodbank access or advice and guidance.

2. Alliance Development

The organisation has continued to focus on partnerships and supported the sector and partners to work together to achieve good outcomes in Derby. The Alliances and forums that have emerged based on local need, information and community continue to grow and explore collaboration opportunities, promoting positive working toward shared outcomes and goals and include:

3. Building the capacity of VCSE organisations

VCSE organisations of all sizes were themselves grappling with the impact of the pandemic on their organisation and the challenge of finding new ways of delivering their activities and services. CA has supported

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COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

4. Health and Employability Support Social Prescribing Link Workers

CA receive NHS grant funding via Derby City North Primary Care Network and Derby City South Primary Care Network to employ and manage a team of 6 Social Prescribing Link Workers. These roles support a caseload of patients with non-clinical needs referred by the PCN, connecting them with community based support and activities which benefit their health and wellbeing.

5. Wider Strategic Projects

Community Action also played a wider strategic role as an active member 3D (Third Sector Support for Derbyshire, the county network for VCSE infrastructure organisations). We remained part of the Derby & Derbyshire Local Resilience Forum Community Response group, involving the COVID-19 emergency response across the city and county and sharing approaches, challenges, and solutions nationally, and chaired its Stronger Communities sub-group which took an overview of operational issues around managing community volunteers. It has been active in the development of the city’s new strategic partnership structures and boards – developing policy and approaches with statutory partners and our community members via supported partnerships including Stronger Communities Board and Derby Health Inequalities partnership.

We continued the role of VCS Emergencies Partnership Liaison Lead representing Derby & Derbyshire on the Midlands Regional VCSEP Cell, linking with national systems to support and coordinate the voluntary sector emergency response to the pandemic;

The charity also supported or managed a number of regional, sub-regional and local projects and initiatives:

Page 5

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

HOW HAVE OUR ACTIVITIES DURING THE YEAR CONTRIBUTED TO OUR 5 STRATEGIC AIMS?

Our activities have continued to sit within our organisation’s long term strategic aims, which are:

(i) To identify the needs of the VCSE sector and use this information to facilitate change

Through our connections with a wide range of local VCSE organisations (over 1,300 groups on our current database and more than 850 members. CA was proactive in working with a wide range of community groups and venues, faith groups, and community leaders, to make sure that the needs of those who were most vulnerable, most affected by pre-existing inequalities, and most at risk, were met in ways that were appropriate and effective.

(ii) To build the capacity of VCSE groups to be more effective

COVID-19 presented considerable new challenges to all VCSE groups, with unprecedented impact on their finances, service delivery, demand for support and levels of need. By continuing to offer information and support to the sector, including the dissemination of additional resources, be these via grants or contracts CA has been actively investing in supporting our locally based VCSE.

(iii) To empower the sector to work together better

We continue to take a partnership based approach, building alliances within and across sectors to enable a robust and comprehensive collective strategy to be developed in Derby, the sector working together has enabled innovative solutions and partnerships to develop to meet identified priorities and needs.

(iv) To ensure policy decisions are informed by the VCSE sector’s views

Our cross-sector response to the pandemic has built strong relationships between the VCSE in the city and our public sector partners. We have a robust platform from which to continue tackling the considerable challenges of recovery from COVID-19 and ‘building back better’ in the long term. We are involved with broad agendas such as social prescribing as both a service provider and strategic partner, ensuring informed grassroots intelligence is used to influence locally and (though our wider partnerships and projects) regional and national policy.

(v) To ensure accountable representation of the sector in the city

Our VCSE Alliance model is embedded within the emerging local strategic partnership structures in Derby City, engaging a wide and diverse of VCSE organisations. We continue to work similarly to embed the VCSE in the city within the new health structures as an equal partner.

FUTURE PLANS

Building Back - Better Together

Throughout the pandemic we were mindful of the long term need to support recovery and resilience beyond Covid, building on new and strengthened working partnerships. Particularly important given the current and worsening cost of living crisis that our communities face, this work has led to the development of a ‘universal approach’ - Better Together, working with colleagues across sectors and moving towards integrated, localitybased services which operate around a Community Hub approach to support communities.

Community Action will continue to be a lead by example in this development, as well as continuing to support the developing Alliances. These are linked into recovery networks via the Stronger Communities Outcome Board – which is now embedded within the City Strategic Partnership framework under the Resilience Board.

The organisation has commenced a review of its strategic aims and plan and intends to move to a Theory of change model of capturing its impact and delivery social change via its work with the sector and Derby

Page 6

COMMUNITY ACTION DERBY LIMITED (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

communities.

Active participation in the development of health and care structures as we moved towards Joined Up Care Derbyshire Integrated Care System (ICS) also offers opportunities to embed and engage the Derby VCSE within wider systems of service development and decision making.

Supporting Community Resilience and Recovery

The community response to the pandemic has nurtured new models of volunteering. Many people were happy to be a ‘Good Neighbour’ linking up and being a support for others in their local community – CA has continued to support and develop this approach, and this has been incorporated into the long term approach to volunteer brokerage. Engaging with Good Neighbours offering advice, guidance and support networks in their respective communities as needed - working with them to build resilience and connectedness and empowering communities.

We also continue to support the Food Network Alliance, Derby Food 4 Thought as a central focus point for sustainable food development in the city, beyond its COVID-19 emergency response role as a network which works to meet community needs and build local resilience as we enter a significant cost of living crisis.

City Centre Hub

CA has continued to operate in the shared space and primary base, at Shot Tower, with City Council staff and other VCSE partners. Over the year access has remained limited but the space will be sued to embed the Volunteer Centre and Good Neighbour offer as well as actively developing volunteering and cross-sector working in Derby.

FINANCIAL REVIEW

The charity’s income, expenditure and activities further increased during the year, largely as a result of supporting Derby City Council in the delivery of the holiday activities fund, which was over 1 million GBP. We also continued acting as the coordinating body and grant holder for a number of partnerships and alliances of organisations working together to ensure a robust and joined-up delivery of services to the sector.

Principle funding sources

Income during the year increased compared with the previous year from £1,921,111 to £2,527,152. This included ongoing funding from Derby & Derbyshire CCG for our infrastructure support work as well as new contracts with Derby South Primary Care Network to provide further Social Prescribing Link Worker services, with Derby City Council to lead on the HAF project and other smaller projects.

How expenditure has supported the key objectives of the charity

Expenditure for charitable activities likewise increased significantly from £1,207,756 in the previous year to £2,463,681. The cost of staffing to deliver charitable objectives remains the largest expenditure item with staffing costs of £729,026 representing 30% of total expenditure. £1,313,156 was paid out directly to other voluntary and community organisations either as small grants funds or to support their activities as delivery partners in programmes and activities for which the Community Action was the lead coordinating body.

Investment powers, policy and performance

The trustees’ investment powers are governed by the Memorandum and Articles of Association, which permits the charity’s funds to be invested in, or on such investments, securities or property as may be thought fit.

The main assets of the charity are the two properties on Charnwood Street. The charities operations continue to be delivered mainly from the City Centre Hub at Shot Tower, and the administrative functions run from one of the properties at Charnwood Street.

Policy on financial reserves

It is the considered view of the trustees that it is necessary and in the best interests of the charity to maintain a fund of free, unrestricted reserves at a level sufficient to enable the organisation in the short term to maintain

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COMMUNITY ACTION DERBY LIMITED (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

ongoing services and enable financial commitments to be fulfilled. The level of reserves is reviewed and agreed by the trustees annually. We keep free reserves of between 3 and 6 months running costs.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial period. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

................................................ ................................................ P J Rickerby R Shaikh

Date:

Page 8

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF COMMUNITY ACTION DERBY LIMITED

Opinion

We have audited the financial statements of Community Action Derby Limited (the 'charity') for the year ended 31 March 2022 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the Annual report other than the financial statements and our Auditors' report thereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Page 9

(A company limited by guarantee)

COMMUNITY ACTION DERBY LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF COMMUNITY ACTION DERBY LIMITED (CONTINUED)

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees' responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the Charity and industry in which it operates, we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006 and Charities Act 2011. Audit procedures performed by the engagement team included:

Page 10

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF COMMUNITY ACTION DERBY LIMITED (CONTINUED)

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.

Wayne Thomas ACA (Senior statutory auditor) for and on behalf of

Bates Weston Audit Ltd

Statutory Auditors Chartered Accountants The Mills Canal Street Derby DE1 2RJ

Date:

Page 11

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022

Note
Income from:
Grants and donations
3
Other trading activities
4
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net (expenditure)/income before net
gains on investments
Net gains on investments
Net (expenditure)/income
Transfers between funds
16
Net movement in funds before other
recognised gains/(losses)
Other recognised gains/(losses):
Gains on revaluation of fixed assets
Actuarial gains/(losses) on defined
benefit pension schemes
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2022
£
16,357
21,568
37,925
176,882
176,882
(138,957)
56,419
(82,538)
194,021
111,483
299,500
34,367
445,350
364,193
445,350
809,543		 Restricted
funds
2022
£
2,487,727
1,500
2,489,227
2,286,799
2,286,799
202,428
-
202,428
(194,021)
8,407
-
-
8,407
782,827
8,407
791,234		 Total
funds
2022
£
2,504,084
23,068
2,527,152
2,463,681
2,463,681
63,471
56,419
119,890
-
119,890
299,500
34,367
453,757
1,147,020
453,757
1,600,777		 Total
funds
2021
£
1,872,528
48,583
1,921,111
1,207,756
1,207,756
713,355
-
713,355
-
713,355
-
(2,291)
711,064
435,956
711,064
1,147,020

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 15 to 31 form part of these financial statements.

Page 12

COMMUNITY ACTION DERBY LIMITED (A company limited by guarantee) REGISTERED NUMBER: 02994798

BALANCE SHEET AS AT 31 MARCH 2022

Note
Fixed assets
Tangible assets
11
Investment property
12
Current assets
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within one
year
14
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more
than one year
15
Defined benefit pension scheme liability
22
Total net assets
Charity funds
Restricted funds
16
Unrestricted funds
16
Total funds		 88,924
1,154,329
1,243,253
(134,830)		 2022
£
321,436
300,000
621,436
1,108,423
1,729,859
(113,047)
(16,035)
1,600,777
791,234
809,543
1,600,777		 362,808
685,384
1,048,192
(331,535)		 2021
£
354,454
315,500
669,954
716,657
1,386,611
(172,606)
(66,985)
1,147,020
782,827
364,193
1,147,020

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

................................................

P J Rickerby

Date:

Page 13

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022

Cash flows from operating activities
Net cash provided in operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Proceeds from sale of investment property
Net cash provided by/(used in) investing activities
Cash flows from financing activities
Repayments of borrowing
Net cash used in financing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
The notes on pages 15 to 31 form part of these financial statements		 2022
£
172,666
(7,362)
367,026
359,664
(63,385)
(63,385)
468,945
685,384
1,154,329		 2021
£
635,859
(51,144)
-
(51,144)
(16,100)
(16,100)
568,615
116,769
685,384

Page 14

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. General information

Community Action Derby Limited is a company limited by guarantee not having a share capital. In the event of a winding up of the company every member agrees to contribute such amount as may be required (not exceeding £1) to the Charity's assets if it should be wound up while he or she is a member or within one year after he or she ceases to be a member, for payment of the Charity's debts and liabilities contracted before he or she ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributories among themselves.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The charity meets the definition of a public benefit entity under FRS 102

The accounts have been prepared on the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

2.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. All income is shown gross.

Revenue grants are included in the SOFA when receivable, except when the donors specify that they must be used in future accounting periods, in which case they are deferred. Capital grants in relation to specific fixed asset acquisitions are credited to the SOFA when receivable.

Investment income is credited to the SOFA when received. Unrealised and realised gains and losses are included in the SOFA in the period in which the gain or loss is made.

2.3 Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Costs not directly attributed to particular headings have been allocated to activities on a basis consistent with use of the resources. Governance costs are those incurred in connection with the charity’s compliance with constitutional and statutory requirements.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

Page 15

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

2. Accounting policies (continued)

2.4 Government grants

Government grants are recognised when the grant is receivable and conditions have been met.

2.5 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

At each reporting date the Charity assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined to be the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following bases:

Freehold property - 2.5%
Motor vehicles - 25 - 33%
Office Equipment - 10 - 25%

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of financial activities.

2.6 Investment Properties

Investment properties are measured at fair value at each reporting date with changes in fair value recognised in the SOFA.

2.7 Debtors

Trade and other debtors are recognised at the settlement amount.

2.8 Liabilities

Liabilities and provisions are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

2.9 Pensions

The charity participates in The Pensions Trust Growth Plan, a multi-employer defined benefits scheme, the assets of which are held separately from those of the charity in an independent administered fund.

Normal contributions are charged to the SOFA in the period in which they are payable to the scheme.

The pension liability is the responsibility of The Pensions Trust which has identified the assets/liabilities of the scheme that are attributable to the charity. The pension surplus/(deficit) is

Page 16

COMMUNITY ACTION DERBY LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

2. Accounting policies (continued)

2.9 Pensions (continued)

calculated based on the net present value of future deficit payments over a set term which is currently 10 years as required by FRS102.

The unwinding of the discount is treated as an interest expense within the SOFA and gains/losses on re-measurement of the surplus/deficit are shown in the SOFA under other recognised gains and losses.

2.10 Fund accounting

General funds are unrestricted funds which 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.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

The revaluation reserve relates to the revaluation surplus on freehold properties carried at market value.

Page 17

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

3. Income from grants and donations

Unrestricted
funds
2022
£
Government grants
Coronavirus Job Retention Scheme
-
-
Donations
-
Grants
16,357
Contract income
-
16,357
16,357
Total 2021
223,451		 Restricted
funds
2022
£
-
-
60,949
2,289,486
137,292
2,487,727
2,487,727
1,649,077		 Total
funds
2022
£
-
-
60,949
2,305,843
137,292
2,504,084
2,504,084
1,872,528		 Total
funds
2021
£
3,086
3,086
28,225
1,793,858
47,359
1,869,442
1,872,528

4. Income from other trading activities Income from non charitable trading activities

Unrestricted
funds
2022
£
Room hire and general services income
21,568
Other income
-
21,568
Total 2021
24,397		 Restricted
funds
2022
£
-
1,500
1,500
24,186		 Total
funds
2022
£
21,568
1,500
23,068
48,583		 Total
funds
2021
£
24,397
24,186
48,583

Page 18

(A company limited by guarantee)

COMMUNITY ACTION DERBY LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

5. Analysis of grants

Core Services. Alliances & Policy Work
Total 2021		 Grants to
Institutions
2022
£
1,371,369
385,035		 Total
funds
2022
£
1,371,369
385,035		 Total
funds
2021
£
385,035

Grants have been paid out in order to facilitate the delivery of the Holiday Activity and Food programme (HAF). The aim of the programme was to:

Amounts over £50,000 to institutions have been disclosed individually below: Community One - £119,955

Derby County Community Trust - £119,860 Sporting Communities - £161,168 Premier Education Group - £120,240

6. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted
funds
2022
£
Core Services, Alliances & Policy Work
46,374
Contract Delivery
130,508
176,882
Total 2021
104,086		 Restricted
funds
2022
£
2,197,589
89,210
2,286,799
1,103,670		 Total
funds
2022
£
2,243,963
219,718
2,463,681
1,207,756		 Total
funds
2021
£
962,349
245,407
1,207,756

Page 19

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

7. Analysis of expenditure by activities

Core Services, Alliances &
Policy Work
Contract Delivery
Total 2021		 Activities
undertaken
directly
2022
£
627,589
219,718
847,307
713,488		 Grant
funding of
activities
2022
£
1,371,369
-
1,371,369
385,035		 Support
costs
2022
£
245,005
-
245,005
109,233		 Total
funds
2022
£
2,243,963
219,718
2,463,681
1,207,756		 Total
funds
2021
£
962,349
245,407
1,207,756

Analysis of support costs

Staff costs
Depreciation
Pension interest expense
Premises costs
Office running costs
Central office functions		 Total
funds
2022
£
130,187
44,529
368
20,254
35,569
14,098
245,005		 Total
funds
2021
£
22,219
16,237
1,783
35,746
18,444
14,804
109,233

8. Auditors' remuneration

The auditors' remuneration amounts to an auditor fee of £4,750 ( 2021 - £4,500 ).

Page 20

(A company limited by guarantee)

COMMUNITY ACTION DERBY LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

9. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2022
£
645,610
55,328
28,088
729,026		 2021
£
392,001
29,515
17,679
439,195

The average number of persons employed by the Charity during the year was as follows:

Number of administrative staff
Number of management staff		 2022
No.
25
3
28		 2021
No.
14
3
17

No employee received remuneration amounting to more than £60,000 in either year.

The key management personnel of the charity comprise the trustees, the Chief Executive Officer and Deputy Chief Executives. The total employment benefits of the key management personnel were £122,525 (2021: £95,035).

10. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2021 - £NIL) .

During the year ended 31 March 2022, no Trustee expenses have been incurred (2021 - £NIL) .

Page 21

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

11. Tangible fixed assets

Cost or valuation
At 1 April 2021
Additions
Disposals
Transfers between classes
At 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
On disposals
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021		 Freehold
property
£
355,000
-
(355,000)
315,000
315,000
44,375
7,875
(44,375)
7,875
307,125
310,625		 Motor
vehicles
£
26,558
-
-
-
26,558
4,171
8,076
-
12,247
14,311
22,387		 Office
equipment
£
40,374
7,362
-
-
47,736
18,932
28,804
-
47,736
-
21,442		 Total
£
421,932
7,362
(355,000)
315,000
389,294
67,478
44,755
(44,375)
67,858
321,436
354,454

30 Charnwood Street has been reclassified from Investment Property to Freehold property on the basis that at the balance sheet date the property is used for charitable activities. The property has been recognised at a deemed cost equal to it's open market value of £315,000.

12. Investment property

£

Valuation

At 1 April 2021
Revaluation
Transfers between classes
At 31 March 2022		 315,500
299,500
(315,000)
300,000

Page 22

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

12. Investment property (continued)

The historic cost equivalent of land and buildings included at 31 March 2022 is £334,867 (2021: £719,123) with a carrying value of £209,292 (2021: £467,430).

Investment property was subject to independent, professional valuation on 10 May 2022. The valuation was undertaken by Salloway Property Consultants on the basis of open market value in accordance with the Appraisal and Valuation Manual of the Royal Institute of Chartered Surveyors.

13. Debtors

Due within one year
Trade debtors
Prepayments and accrued income		 2022
£
86,142
2,782
88,924		 2021
£
337,310
25,498
362,808

14. Creditors: Amounts falling due within one year

Bank loans
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income
Deferred income at 1 April 2021
Resources deferred during the year
Amounts released from previous periods		 2022
£
12,554
13,235
12,142
6,798
90,101
134,830
2022
£
219,352
85,376
(219,352)
85,376		 2021
£
16,380
51,547
11,349
5,977
246,282
331,535
2021
£
35,935
219,352
(35,935
219,352

Deferred income relates to grant income received where funders had specified conditions on the spend period.

Page 23

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

15. Creditors: Amounts falling due after more than one year

Bank loans

2022 2021
£ £
113,047 172,606

Lloyds Bank Plc hold a 1st legal charge over the freehold and investment properties in relation to the loans disclosed above.

16. Statement of funds

Statement of funds - current year

Balance at
Balance at 1 Transfers Gains/ 31 March
April 2021 Income Expenditure in/out (Losses) 2022
£ £ £ £ £ £
Unrestricted
funds
General Funds 365,427 37,925 (176,514) 458,099 56,401 741,338
Pension reserve (66,985) - (368) 16,951 34,385 (16,017)
Fair value
reserve - - - 60,769 - 60,769
Revaluation
reserve 65,751 - - (341,798) 299,500 23,453
364,193 37,925 (176,882) 194,021 390,286 809,543
Transfers have been made from the revaluation reserve in respect of Investment properties disposed of
during the year. Additionally, transfers have been made to reverse previous impairment of property
values within general funds.
Balance at
Balance at 1 Transfers Gains/ 31 March
April 2021 Income Expenditure in/out (Losses) 2022
£ £ £ £ £ £
Restricted
funds
Core services
inc. policy work 104,139 238,264 (322,123) 56,162 - 76,442
Capital grants 185,719 - (2,037) (38,139) - 145,543
Other project
delivery 1,356 - (1,356) - - -

Transfers have been made from the revaluation reserve in respect of Investment properties disposed of during the year. Additionally, transfers have been made to reverse previous impairment of property values within general funds.

Page 24

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

16. Statement of funds (continued)

Statement of funds - current year (continued)

Food 4 Thought
Alliance
COVID-19 Food
parcels & Staff
Support
Test and Trace
Service Support
HAF Project
Youth Alliance
Social
Prescribing
CCG
Infrastructure/Si
gnposting
Poverty
Commission
NASP
Health
inequalities
Household
Support Fund
CCEP Test &
Trace
Covid Recovery
Fund
Total of funds		 Balance at 1
April 2021
£
327,266
70,167
94,180
-
-
-
-
-
-
-
-
-
-
782,827
1,147,020		 Income
£
60,949
-
-
1,118,345
209,992
148,644
104,097
100,000
97,388
90,000
70,000
38,268
213,280
2,489,227
2,527,152		 Expenditure
£
(271,948)
-
-
(919,930)
(157,335)
(128,476)
(92,306)
(14,250)
(79,400)
(500)
(57,730)
(37,763)
(201,645)
(2,286,799)
(2,463,681)		 Transfers
in/out
£
70,167
(70,167)
(94,180)
(58,662)
(12,000)
(20,168)
(11,492)
-
(15,037)
-
-
(505)
-
(194,021)
-		 Gains/
(Losses)
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
390,286		 Balance at
31 March
2022
£
186,434
-
-
139,753
40,657
-
299
85,750
2,951
89,500
12,270
-
11,635
791,234
1,600,777

Page 25

COMMUNITY ACTION DERBY LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

16. Statement of funds (continued)

Core services inc. policy work is core volunteer support and community sector organisation set up alongside other assistance. This works alongside CCG Infrastructure/Signposting.

Capital grants is funds held in relation to the buildings classified within fixed assets.

Food 4 Thought Alliance funding provides for ongoing support, development and staffing of the Food Alliance over the next 2 years as the Alliance looks to becoming self-sustaining. Funds donated to the Alliance have been carried forward to support the purchase of food supplies in 2021/22.

COVID-19 Food parcels and staff support relates the ongoing provision of emergency food parcels and the related staffing costs of distribution and administration.

Test and Trace Service Support relates to CA’s role within the Derby Community Hub – including staffing and equipment in support of the Good Neighbour scheme.

HAF project - To administer an Expression of Interest process on behalf of the Council to support the Holiday Activity and Food (HAF) programme for Derby city, which is a Department for Education nationwide initiative to support children eligible for free school meals. The Recipient will engage with a wide network of community-based and private organisations, including existing holiday care providers, schools, sports coaching organisations, creative and performing arts providers etc, to facilitate a HAF Programme. The Recipient will use the Grant to provide grants to HAF programme providers, will monitor and quality assure HAF programme placements and provide feedback to the Council against the KPI criteria outlined by the Department for Education.

Youth Alliance - A sub-group of the Stronger Communities Board and is a collaboration of organisations that have been formed to help develop the youth sector and best support young people in Derby City. It is a partnership between several Voluntary, Community and Social Enterprise (VCSE) organisations and is supported by a number of statutory and non-statutory groups. The Alliance is led by the VCSE sector, Community Action Derby hold the vanguard role with representation from several other organisations.

The Social Prescribers (SP) job is to connect patients to other services and organisations that might benefit the patient without involving medical intervention. Each patient is referred through the GP or another referral path. SP' only take on patients over the age of 18 but they can indirectly help younger people if they have carers which have gone through the referral process.

CCG Infrastructure / Signposting - Voluntary and community sector organisations are supported through Volunteer brokerish and management, assistance with policies in order to contribute towards the objectives of Derby and Derbyshire CCG.

Poverty Commission - To provide support to councils towards expenditure lawfully incurred or to be incurred in relation to the mitigation against and management of local outbreaks of coronavirus (COVID19). The specific public health activities that can be funded from the COMF are left to the judgement of LAs in conjunction with their directors of public health.

NASP - The Thriving Communities Development Programme aims to help local voluntary, community and social enterprise (VCSE) groups provide innovative support for communities most impacted by COVID across England. To deliver the regional programme in the Midlands – training and networking opportunities and development support for VCSE organisations. Again this is a contract but managed/monitored like a grant by the lead organisation (NASP) as it is paid upfront and budget/delivery plan for activities submitted by us (there are not specific costed outputs).

Health inequalities - To provide resource and infrastructure cost for the delivery and management of

Page 26

COMMUNITY ACTION DERBY LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

16. Statement of funds (continued)

areas with health inequalities. The main work has been to assist with the vaccine project and look at other areas of development as a result of the founded inequalities.

Household Support Fund - To provide support to councils towards expenditure lawfully incurred or to be incurred in relation to the mitigation against and management of local outbreaks of coronavirus (COVID19). The specific public health activities that can be funded from the COMF are left to the judgement of LAs in conjunction with their directors of public health.

Statement of funds - prior year

Unrestricted
funds
General Funds
Pension reserve
Revaluation
reserve
Restricted
funds
Core services
inc. policy work
Capital grants
Other project
delivery
Food 4 Thought
Alliance
COVID-19 Food
parcels & Staff
Support
Test and Trace
Service Support		 Balance at
1 April 2020
£
260,736
(79,368)
65,751
247,119
-
187,481
1,356
-
-
-
188,837		 Income
£
223,451
-
-
223,451
1,021,071
-
-
333,340
245,000
98,249
1,697,660		 Expenditure
£
(102,303)
(1,783)
-
(104,086)
(916,932)
(1,762)
-
(6,074)
(174,833)
(4,069)
(1,103,670)		 Transfers
in/out
£
(16,457)
16,457
-
-
-
-
-
-
-
-
-		 Gains/
(Losses)
£
-
(2,291)
-
(2,291)
-
-
-
-
-
-
-		 Balance at
31 March
2021
£
365,427
(66,985)
65,751
364,193
104,139
185,719
1,356
327,266
70,167
94,180
782,827

Page 27

COMMUNITY ACTION DERBY LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

16. Statement of funds (continued)

Total of funds Balance at
1 April 2020
£
435,956		 Income
£
1,921,111		 Expenditure
£
(1,207,756)		 Transfers
in/out
£
-		 Gains/
(Losses)
£
(2,291)		 Balance at
31 March
2021
£
1,147,020

17. Summary of funds

Summary of funds - current year

General funds
Restricted funds		 Balance at 1
April 2021
£
364,193
782,827
1,147,020		 Income
£
37,925
2,489,227
2,527,152		 Expenditure
£
(176,882)
(2,286,799)
(2,463,681)		 Transfers
in/out
£
194,021
(194,021)
-		 Gains/
(Losses)
£
390,286
-
390,286		 Balance at
31 March
2022
£
809,543
791,234
1,600,777

Summary of funds - prior year

General funds
Restricted funds		 Balance at
1 April 2020
£
247,119
188,837
435,956		 Income
£
223,451
1,697,660
1,921,111		 Expenditure
£
(104,086)
(1,103,670)
(1,207,756)		 Transfers
in/out
£
-
-
-		 Gains/
(Losses)
£
(2,291)
-
(2,291)		 Balance at
31 March
2021
£
364,193
782,827
1,147,020

Page 28

(A company limited by guarantee)

COMMUNITY ACTION DERBY LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

18. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted
funds
2022
£
Tangible fixed assets
270,507
Investment property
205,386
Current assets
512,186
Creditors due within one year
(49,454)
Creditors due in more than one year
(113,047)
Provisions for liabilities and charges
(16,035)
Total
809,543
Analysis of net assets between funds - prior year
Unrestricted
funds
2021
£
Tangible fixed assets
316,315
Investment property
167,920
Current assets
231,732
Creditors due within one year
(112,183)
Creditors due in more than one year
(172,606)
Provisions for liabilities and charges
(66,985)
Total
364,193		 Restricted
funds
2022
£
50,929
94,614
731,067
(85,376)
-
-
791,234
Restricted
funds
2021
£
38,139
147,580
816,460
(219,352)
-
-
782,827		 Total
funds
2022
£
321,436
300,000
1,243,253
(134,830)
(113,047)
(16,035)
1,600,777
Total
funds
2021
£
354,454
315,500
1,048,192
(331,535)
(172,606)
(66,985)
1,147,020

Page 29

(A company limited by guarantee)

COMMUNITY ACTION DERBY LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

19. Reconciliation of net movement in funds to net cash flow from operating activities

Net income for the year (as per Statement of Financial Activities)
Adjustments for:
Depreciation charges
Actuarial Gains/(losses) on pension scheme liability
Loss/(profit) on the sale of fixed assets
Movement in debtors
Movement in creditors
Movement in pension liability
Net cash provided by operating activities
20.
Analysis of cash and cash equivalents
Cash in hand
Total cash and cash equivalents
21.
Analysis of changes in net debt
At 1 April
2021
£
Cash at bank and in hand
685,384
Debt due within 1 year
(16,380)
Debt due after 1 year
(172,606)
496,398		 2022
£
119,890
44,755
34,385
(56,419)
273,884
(192,879)
(50,950)
172,666
2022
£
1,154,329
1,154,329
Cash flows
£
468,945
3,826
59,559
532,330		 2021
£
713,355
19,688
(2,291)
-
(346,274)
263,764
(12,383)
635,859
2021
£
685,384
685,384
At 31 March
2022
£
1,154,329
(12,554)
(113,047)
1,028,728

22. Pension commitments

Community Action Derby Limited participates in The Pensions Trust Growth Plan (the Scheme), which is a Group Pension scheme for employees of Community Action Derby Limited.

Page 30

COMMUNITY ACTION DERBY LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

22. Pension commitments (continued)

The Trustee commissions an actuarial valuation of the Scheme every three years. The main purpose of the valuation is to determine the financial position of the Scheme in order to address the level of future contributions required so that the Scheme can meet its pension obligations as they fall due.

The last formal valuation of the Scheme was performed as at 30 September 2020 by a professionally qualified Actuary using the Section 75 buy-out valuation basis. The market value of the Scheme’s assets at the valuation date was £800.3 million. The valuation revealed the value of liabilities of £831.9 million and a Scheme deficit of £31.6 million.

The trustees have made a provision at 31 March 2022 in the accounts, based on the discounted net present value of future deficit payments over the next 5 years in the amount of £16,035 (2021: £66,985).

The pension charge relating to the above Scheme for the year was £16,951 (2021: £16,457).

The recovery plan for the Scheme aims to eliminate the deficit via a combination of additional contributions from the employer and investment returns over a further period of 3 years. The additional contributions required are £3,312 per annum commencing from 1 April 2022 for the remaining 3 year period of the recovery plan. The recovery plan will be reviewed at each triennial scheme valuation and the contribution level may be adjusted depending upon results.

23. Related party transactions

It is a requirement to be associated with a member organisation in order to be a Trustee.

R Shaikh is a trustee of Community Action Derby Limited and Artcore. Expenditure for the amount of £Nil (2021: £1,100) was incurred during the year.

R Manship is is a trustee of Community Action Derby Limited and Headway. Expenditure for the amount of £500 (2021: £500) was incurred during the year.

J Smale is a trustee of Community Action Derby Limited and Disability Direct. Expenditure for the amount of £12,000 (2021: £72,666) was incurred during the year.

M Vernon is a trustee of Community Action Derby Limited and Sinfin Community Centre. Expenditure for the amount of £Nil (2021: £3,568) was incurred during the year.

A Afzal is a trustee of Community Action Derby Limited and Pakistan Community Centre Derby. Expenditure for the amount of £6,029 (2021: £Nil) was incurred during the year.

I Baqui is a trustee of Community Action Derby Limited and Children First Derby. Expenditure for the amount of £13,500 (2021: £Nil) was incurred during the year.

Page 31

(C591)

Company Tax Return CT600 (2022) Version 3

for accounting periods starting on or after 1 April 2015

Your Company Tax Return

If we send the company a ‘Notice’ to deliver a Company Tax Return it has to comply by the filing date or we charge a penalty, even if there is no tax to pay.

A return includes a Company Tax Return form, any supplementary pages, accounts, computations and any relevant information. The CT600 Guide tells you how the return must be formatted and delivered. It contains general information you may need to deliver your return, links to more detailed advice and box-by-box guidance for this form and the supplementary pages. The forms in the CT600 series set out the information we need and provide a standard format for calculations.

Company information

----- Start of picture text -----
1 Company name Community Action Derby Limited
2 Company registration number 0 2 9 9 4 7 9 8
3 Tax reference 6 3 2 5 7 5 4 1 3 9
4 Type of company 8
----- End of picture text -----

Northern Ireland (NI)

Put an ‘X’ in the appropriate boxes below 5 NI trading activity 6 SME 7 NI employer 8 Special circumstances

About this return

This is the tax return for the company named above, for the period below This is the tax return for the company named above, for the period below This is the tax return for the company named above, for the period below
**30 ** fromDD MM YYYY 35 to DD MM YYYY
0
1
0
4
2
0
2
1		 3 1 0 3 2 0 2 2
Put an ‘X’ in the appropriate boxes below
40 A repayment is due for this return period
**45 ** Claim or relief affecting an earlier period
50 Making more than one return for this company now
55 This return contains estimated figures
60 Company part of a group that is not small
65 Notice of disclosable avoidance schemes
Transfer pricing
70 Compensating adjustment claimed
**75 ** Company qualifies for SME exemption

CT600(2022) Version 3

HMRC 04/22

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(C591)

About this return – continued

Accounts and computations

142 Research and Development – form CT600L 143 Freeports – form CT600M

Tax calculation

Turnover
**145 ** Total turnover from trade £ • 0 0
150 Banks, building societies, insurance companies and other financial concerns
_–_put an ‘X’ in this box if you do not have a recognised turnover and have not made an entry in box 145
Income
**155 ** Trading profits £ • 0 0
**160 ** Trading losses brought forward set against trading profits £ • 0 0
**165 ** Net trading profits –box 155 minus box 160 £ • 0 0
**170 ** Bank, building society or other interest, and profits £ • 0 0
from non-trading loan relationships
**172 ** Put an ‘X’ in box 172 if the figure in box 170 is net of
carrying back a deficit from a later accounting period

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HMRC 04/22

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Income – continued

**175 ** Annual payments not otherwise charged to Corporation Tax
and from which Income Tax has not been deducted		 £ • 0 0
180
Non-exempt dividends or distributions from
non-UK resident companies		 £ • 0 0
**185 ** Income from which Income Tax has been deducted £ • 0 0
**190 ** Income from a property business £ • 0 0
**195 ** Non-trading gains on intangible fixed assets £ • 0 0
**200 ** Tonnage tax profits £ • 0 0
**205 ** Income not falling under any other heading £ • 0 0
Chargeable gains
**210 ** Gross chargeable gains £ • 0 0
**215 ** Allowable losses including losses brought forward £ • 0 0
**220 ** Net chargeable gains_–_box 210 minus box 215 £ • 0 0

Profits before deductions and reliefs

**225 ** Losses brought forward against certain investment income £ • 0 0
**230 ** Non-trade deficits on loan relationships (including interest) £ • 0 0
and derivative contracts (financial instruments)
brought forward set against non-trading profits
**235 ** Profits before other deductions and reliefs – net sum of £ • 0 0
boxes 165 to 205 and 220 minus sum of boxes 225 and 230
Deductions and reliefs
**240 ** Losses on unquoted shares £ • 0 0
**245 ** Management expenses £ • 0 0
**250 ** UK property business losses for this or previous £ • 0 0
accounting period
**255 ** Capital allowances for the purposes of management £ • 0 0
of the business
**260 ** Non-trade deficits for this accounting period from loan £ • 0 0
relationships and derivative contracts (financial instruments)

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HMRC 04/22

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Deductions and Reliefs – continued

----- Start of picture text -----
263 Carried forward non-trade deficits from loan relationships
and derivative contracts (financial instruments) £ • 0 0
265 Non-trading losses on intangible fixed assets £ • 0 0
275 Total trading losses of this or a later accounting period £ • 0 0
280 Put an ‘X’ in box 280 if amounts carried back from later
accounting periods are included in box 275
285 Trading losses carried forward and claimed against total profits £ • 0 0
290 Non-trade capital allowances £ • 0 0
295 Total of deductions and reliefs £ • 0 0
– total of boxes 240 to 275, 285 and 290
300 Profits before qualifying donations and group relief £ • 0 0
– box 235 minus box 295
305 Qualifying donations £ • 0 0
310 Group relief £ • 0 0
312 Group relief for carried forward losses £ • 0 0
315 Profits chargeable to Corporation Tax £ 0 • 0 0
– box 300 minus boxes 305, 310 and 312
320 Ring fence profits included £ • 0 0
325 Northern Ireland profits included £ • 0 0
----- End of picture text -----

Tax calculation

Enter how much profit has to be charged and at what rate

Financial
year (yyyy)		 Amount of profit Rate of tax
%		 Tax
330 335 £ 340 345 £ p
350 £ 355 360 £ p
365 £ 370 375 £ p
380 385 £ 390 395 £ p
400 £ 405 410 £ p
415 £ 420 425 £ p
Corporation Tax– total of boxes 345, 360, 375, 395, 410 and 425
Marginal relief for ring fence trades
Corporation Tax chargeable– box 430 minus box 435
£
•
430
£
•
435
£
•
440
0
0
0

CT600(2022) Version 3

HMRC 04/22

Page 4

(C591)

Reliefs and deductions in terms of tax
**445 ** Community Investment Tax Relief £ •
**450 ** Double Taxation Relief £ •
**455 ** Put an ‘X’ in box 455 if box 450 includes an underlying
rate relief claim
**460 ** Put an ‘X’ in box 460 if box 450 includes an amount carried
back from a later period
**465 ** Advance Corporation Tax £ •
**470 ** Total reliefs and deduction in terms of tax £ •
– total of boxes 445, 450 and 465

Coronavirus support schemes and overpayments (see CT600 Guide for definitions)
**471 ** Coronavirus Job Retention Scheme (CJRS) received £ •
**472 ** CJRS entitlement £ •
**473 ** CJRS overpayment already assessed or voluntary disclosed £ •
**474 ** Other coronavirus overpayments £ •
Calculation of tax outstanding or overpaid
**475 ** Net Corporation Tax liability – box 440 minus box 470 £ •
**480 ** Tax payable on loans and arrangements to participators £ 0 • 0 0
**485 ** Put an ‘X’ in box 485 if you completed box A70 in the
supplementary pages CT600A
**490 ** Controlled Foreign Companies (CFC) tax payable £ •
**495 ** Bank levy payable £ •
**496 ** Bank surcharge payable £ •
**500 ** CFC tax, bank levy and bank surcharge payable £ •
–total of boxes 490, 495 and 496
**505 ** Supplementary charge (ring fence trades) payable £ •
**510 ** Tax chargeable–total of boxes 475, 480, 500 and 505 £ 0 • 0 0
**515 ** Income Tax deducted from gross income included in profits £ •
**520 ** Income Tax repayable to the company £ •
**525 ** Self-assessment of tax payable before restitution tax £ 0 • 0 0
and coronavirus support scheme overpayments
–box 510 minus box 515

CT600(2022) Version 3

HMRC 04/22

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(C591)

Calculation of tax outstanding or overpaid – continued
**526 ** Coronavirus support schemes overpayment now due £ 0 • 0 0
–total of boxes 471 and 474 minus boxes 472 and 473
**527 ** Restitution tax £ •
**528 ** Self-assessment of tax payable £ 0 • 0 0
–total of boxes 525, 526 and 527
Tax reconciliation
530 Research and Development credit £ •
535 (Not currently used) £ •
540 Creative tax credit £ •
**545 ** Total of Research and Development credit £ •
and creative tax credit –total box 530 to 540
550 Land remediation tax credit £ •
555 Life assurance company tax credit £ •
**560 ** Total land remediation and life assurance company tax credit £ •
–total box 550 and 555
**565 ** Capital allowances first-year tax credit £ •
**570 ** Surplus Research and Development credits or £ •
creative tax credit payable –box 545 minus box 525
**575 ** Land remediation or life assurance company tax credit payable £ •
–total of boxes 545 and 560 minus boxes 525 and 570
**580 ** Capital allowances first-year tax credit payable £ •
–boxes 545, 560 and 565 minus boxes 525, 570 and 575
**585 ** Ring fence Corporation Tax included £ •
**586 ** NI Corporation Tax included £ •
**590 ** Ring fence supplementary charge included £ •
**595 ** Tax already paid (and not already repaid) £ •
**600 ** Tax outstanding £ •
–box 525 minus boxes 545, 560, 565 and 595
**605 ** Tax overpaid including surplus or payable credits £ •
ttl f b 545 560 565 d 595 i 525

CT600(2022) Version 3

HMRC 04/22

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(C591)

Tax reconciliation – continued

610 Group tax refunds surrendered to this company £ • 615 Research and Development expenditure credits £ • surrendered to this company

Exporter information

During the return period, did the company export goods and/or services to individuals, enterprises or organisations outside the United Kingdom (UK)? 616 Yes – goods 617 Yes – services 618 No – neither

Indicators and information

----- Start of picture text -----
620 Franked investment income/Exempt ABGH distributions £ • 0 0
625 Number of 51% group companies 0
Put an ‘X’ in the relevant boxes, if in the period, the company:
630 should have made (whether it has or not) instalment payments as a large company
under the Corporation Tax (Instalment Payments) Regulations
631 should have made (whether it has or not) instalment payments as a very large company
under the Corporation Tax (Instalment Payments) Regulations
635 is within a group payments arrangement for the period
640 has written down or sold intangible assets
645 has made cross-border royalty payments
647 Eat Out to Help Out Scheme: reimbursed discounts £ • 0 0
included as taxable income
----- End of picture text -----

Information about enhanced expenditure

Research and Development (R&D) or creative enhanced expenditure

**650 ** Put an ‘X’ in box 650 if the claim is made by a small or medium-sized
enterprise (SME), including a SME subcontractor to a large company		 Put an ‘X’ in box 650 if the claim is made by a small or medium-sized
enterprise (SME), including a SME subcontractor to a large company		 Put an ‘X’ in box 650 if the claim is made by a small or medium-sized
enterprise (SME), including a SME subcontractor to a large company
**655 ** Put an ‘X’ in box 655 if the claim is made by a large company
660 R&D enhanced expenditure £ • 0 0
665 Creative enhanced expenditure £ • 0 0
**670 ** R&D and creative enhanced expenditure £ • 0 0
total box 660 and box 665
**675 ** R&D enhanced expenditure of a SME on work £ • 0 0
subcontracted to it by a large company
**680 ** Vaccine research expenditure £ • 0 0

Land remediation enhanced expenditure

£

0 0

•

CT600(2022) Version 3

HMRC 04/22

Page 7

(C591)

Information about capital allowances and balancing charges Allowances and charges in the calculation of trading profits and losses

Capital allowances Capital allowances Capital allowances Capital allowances Capital allowances Balancing charges Balancing charges Balancing charges Balancing charges Balancing charges
Annual investment
allowance		 690 £
Machinery and plant
– super-deduction
691		 £ 692 £
Machinery and plant
– special rate allowance

693		 £ 694 £
Machinery and plant
– special rate pool
695		 £ 700 £
Machinery and plant
– main pool
705		 £ 710 £
Structures and
buildings		 711 £
Business premises
renovation		 715 £ 720 £
Other allowances
and charges		 725 £ 730 £
Capital allowances Disposal value
Electric
charge-points		 713 £ 714 £
Enterprise zones 721 £ 722 £
Zero emissions
goods vehicles		 723 £ 724 £
Zero emissions 726 £ 727 £
cars

Allowances and charges not included in the calculation of trading profits and losses

Capital allowances Capital allowances Capital allowances Capital allowances Capital allowances Balancing charges Balancing charges Balancing charges Balancing charges Balancing charges
Annual investment
allowance		 735 £
Structures and
buildings		 736 £
Business premises
renovation		 740 £ 745 £
Machinery and plant
– super-deduction		 741 £ 742 £
Machinery and plant
– special rate allowance
743		 £ 744 £
Other allowances
and charges		 750 £ 755 £
Capital allowances Disposal value
Electric
charge-points		 737 £ 738 £
Enterprise zones 746 £ 747 £
Zero emissions
goods vehicles		 748 £ 749 £
Zero emissions 751 £ 752 £
cars

CT600(2022) Version 3

Page 8

HMRC 04/22

(C591)

Qualifying expenditure

760 Machinery and plant on which first
year allowance is claimed
£
0
0
•
765 Designated environmentally friendly
machinery and plant
£
0
0
•
770 Machinery and plant on long-life
assets and integral features
£
0
0
•
771 Structures and buildings
£
0
0
•
772 Machinery and plant
– super-deduction
£
0
0
•
773 Machinery and plant
– special rate allowance
£
0
0
•
775 Other machinery and plant
£
0
0
•		 0 0
0 0

Losses, deficits and excess amounts

Amount arising

Amount Amount Maximum available Maximum available Maximum available Maximum available Maximum available for surrender for surrender for surrender for surrender
as group relief
Losses of trades
carried on wholly		 780 £ 785 £
or partly in the UK
Losses of trades		 790 £
carried on wholly
outside the UK
Non-trade deficits 795 £ 800 £
on loan relationships
and derivative contracts
UK property
business losses		 805 £ 810 £
Overseas property
business losses		 815 £
Losses from
miscellaneous		 820 £
transactions
Capital losses 825 £
Non-trading losses on
intangible fixed assets		 830 £ 835 £

Excess amounts

Amount Maximum available for surrender as group relief Non-trade capital 840 £ allowances Qualifying donations 845 £ Management expenses 850 £ 855 £

CT600(2022) Version 3

Page 9

HMRC 04/22

(C591)

Northern Ireland information

856
Amount of group relief claimed which relates to NI trading
losses used against rest of UK/mainstream profits		 £ • 0 0
857
Amount of group relief claimed which relates to NI trading
losses used against NI trading profits		 £ • 0 0
858
Amount of group relief claimed which relates to rest of
UK/mainstream losses used against NI trading profits		 £ • 0 0

Overpayments and repayments Small repayments

860 Do not repay sums of £ • 0 0 or less. Read the overpayments and repayments section of the Company Tax Return Guide for specific guidance on when and how to make an entry in this box.

Repayments for the period covered by this return
865 Repayment of Corporation Tax £ •
870 Repayment of Income Tax £ •
875 Payable Research and Development tax credit £ •
880 Payable Research and Development expenditure credit £ •
885 Payable creative tax credit £ •
890 Payable land remediation or life assurance company £ •
tax credit
895 Payable capital allowances first-year tax credit £ •

Surrender of tax refund within group

Including surrenders under the Instalment Payments Regulations Including surrenders under the Instalment Payments Regulations
**900 ** The following amount is to be surrendered £ •
Put an ‘X’ in the appropriate boxes below
the joint Notice is attached 905
or
will follow 910
915 Please stop repayment of the following amount £ •
until we send you the Notice

CT600(2022) Version 3

Page 10

HMRC 04/22

(C591)

Bank details (for a person to whom a repayment is to be made)

920 Name of bank or building society

925 Branch sort code

930 Account number

935 Name of account 940 Building society reference

Payments to a person other than the company

950 of (enter company name)

955 authorise (enter name)

965 Nominee reference

to receive payment on company’s behalf

970 Name

Declaration

Declaration

I declare that the information I have given on this Company Tax Return and any supplementary pages is correct and complete to the best of my knowledge and belief. I understand that giving false information in the return, or concealing any part of the company’s profits or tax payable, can lead to both the company and me being prosecuted.

975 Name P RICKERBY 980 Date DD MM YYYY 985 Status TRUSTEE

CT600(2022) Version 3

HMRC 04/22

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(C591)

Company Tax Return – supplementary page Charities and Community Amateur Sports Clubs (CASCs) CT600E (2015) Version 3 for accounting periods starting on or after 1 April 2015

Guidance

Guidance about when and how to complete this supplementary page can be found in the CT600 Guide.

For further information read What supplementary pages do I need to complete and include as part of the Company Tax Return? to find out what supplementary pages you need to complete.

Also, read the Important points about all supplementary pages and CT600E – Charities and Community Amateur Sports Clubs (CASCs) for further guidance about completing this supplementary page.

Company information

----- Start of picture text -----
E1 Company name Community Action Derby Limited
(name of charity or CASC)
E2 Tax reference
6 3 2 5 7 5 4 1 3 9
Period covered by this supplementary page (cannot exceed 12 months)
E3 from DD MM YYYY
0 1 0 4 2 0 2 1
E4 to DD MM YYYY
3 1 0 3 2 0 2 2
Claims to exemption ( this section should be completed in all cases)
Charity/CASC repayment reference E5
Charity Commission registration number, or E10 1043482
OSCR number (if applicable)
Put an ‘X’ in the relevant box if during the period covered by these supplementary pages:
The company was a charity/CASC and is claiming E15 X
exemption from all tax on all or part of its income
and gains (Also put an ‘X’ in box E15 if the company
was a charity/CASC but had no income or gains in the period)
All income and gains are exempt from tax and have been, E20 X
or will be, applied for charitable or qualifying purposes only
Some of the income and gains may not be exempt or have E25
not been applied for charitable or qualifying purposes only,
and I have completed form CT600
I claim exemption from tax
Name
E30 P RICKERBY
Status
E35 TRUSTEE
Date DD MM YYYY
E40
----- End of picture text -----

CT600E(2015) Version 3

HMRC 04/15

Page 1

(C591)

Repayments

To make a repayment claim for the period covered by these supplementary pages, please register and enrol to use the Charities Online service. See CT600 guide for further information.

Put an ‘X’ in the box if during the period covered by these supplementary pages you have over claimed tax. E45

Information required

Enter details of any income received from the following sources, claimed as exempt from tax in the hands of the charity/CASC. Enter the figure included in the charity’s/CASC’S accounts for the period covered by this return.

Non-exempt amounts should be entered on form CT600 in the appropriate boxes.

Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
2
5
2
7
1
5
2
2
5
0
4
0
8
4
2
3
0
6
8		 Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
2
5
2
7
1
5
2
2
5
0
4
0
8
4
2
3
0
6
8		 Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
2
5
2
7
1
5
2
2
5
0
4
0
8
4
2
3
0
6
8
0 0

Enter details of expenditure as shown in the charity’s/CASC’s accounts for the period covered by these supplementary pages

Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
2
4
6
3
6
8
1
2
4
6
3
6
8
1		 Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
2
4
6
3
6
8
1
2
4
6
3
6
8
1		 Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
2
4
6
3
6
8
1
2
4
6
3
6
8
1
0 0

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Page 2

HMRC 04/15

(C591)

Information required

Charity/CASC assets

Charity/CASC assets Charity/CASC assets Charity/CASC assets Charity/CASC assets
Disposals in period Held at the end of the period
(total consideration received) (use accounts figures)
Tangible fixed
E130
£		 3 6 3 8 3 7 E135 £ 6 2 1 4 3 6
assets
UK investments
E140
£		 E145 £
(excluding
controlled companies)
Shares in,
E150
£		 E155 £
and loans to,
controlled companies
Overseas
E160
£		 E165 £
investments
Loans and non-trade debtors E170 £
Other current assets E175 £ 1 2 4 3 2 5 3
Qualifying investments and loans E180
Applies to charities only. See CT600 Guide
Value of any non-qualifying investments and loans E185 £
Applies to charities only. See CT600 Guide
Number of subsidiary or associated companies the charity E190
controls at the end of the period. Exclude companies that
were dormant throughout the period

CT600E(2015) Version 3

HMRC 04/15

Page 3

Community Action Derby Limited Tax Reference: 6325754139

Corporation Tax Computation For The Corporation Tax Accounting Period from 1 April 2021 to 31 March 2022

Bates Weston LLP The Mills Canal Street Derby DE1 2RJ

Community Action Derby Limited

Tax Reference: 6325754139

Corporation Tax Computation For The Corporation Tax Accounting Period from 1 April 2021 to 31 March 2022

Contents

Corporation Tax Summary Page 3
Note 1 - Corporation Tax Chargeable Page 4
Note 2 - Trading Profit (Loss) Page 4

Prepared: 10 August 2022 at 14:25:54

Page 2

Community Action Derby Limited

Tax Reference: 6325754139

Corporation Tax Computation For The Corporation Tax Accounting Period from 1 April 2021 to 31 March 2022 (continued...)

CORPORATION TAX SUMMARY
Note
£
INCOME
Net Trading profit
2
0
PROFITS CHARGEABLE TO CORPORATION TAX
CORPORATION TAX CHARGEABLE
1
0.00
NET CORPORATION TAX CHARGEABLE
CORPORATION TAX OUTSTANDING		 £
0
0.00
NIL

Prepared: 10 August 2022 at 14:25:54

Page 3

Community Action Derby Limited

Tax Reference: 6325754139

Corporation Tax Computation For The Corporation Tax Accounting Period from 1 April 2021 to 31 March 2022

(continued...)

1 CORPORATION TAX CHARGEABLE

MEMO: THERE ARE NO 51% GROUP COMPANIES

£ 0.00

2 TRADE PROFIT (LOSS)

Profit per financial statements Net trading profit

£

£

0

Prepared: 10 August 2022 at 14:25:54

Page 4

Community Action Derby Limited Management Report of the Auditors to the Board of Trustees for the Year Ended 31 March 2022

1 REPORT TO THE MANAGEMENT 2

CONTENTS

2 ADJUSTED AND UNADJUSTED MISSTATEMENTS 5

3 AUDIT RISKS 10

4 ACCOUNTING AND FINANCIAL CONTROL SYSTEMS 11

5 LETTER OF REPRESENTATION 18
6 RELATED PARTIES 20
7 FINAL INFORMATION REQUEST 21

8 MANAGEMENT REPORT APPROVAL 21

INTRODUCTION

This report is part of the continuing relationship between the Charity and ourselves and is therefore not intended to cover every matter discussed during the course of the audit. For this reason, the report is intended for the sole use of the Charity. We do not accept responsibility to any officer acting in an individual capacity, and do not accept responsibility for any reliance that third parties may place on the report.

It should be noted that the primary objective of our audit is to express an opinion on the truth and fairness of the Charity’s financial statements as a whole. An audit does not examine every operating activity and accounting procedure in the Charity, nor does it provide a substitute for management’s responsibility to maintain adequate controls over the Charity’s activities. Our work is not designed therefore to provide a comprehensive statement of all weaknesses or inefficiencies that may exist in the Charity’s systems and working practices, or of all improvements that could be made.

Included in this report is a schedule of all adjusted and unadjusted misstatements noted during our work for your final approval.

We have also included a letter of management representations required in connection with our audit.

Please read this document carefully and confirm your approval by signing at page 21.

Community Action Derby Limited Management Report of the Auditors to the Board of Trustees for the year ended 31 March 2022

1 REPORT TO THE MANAGEMENT

1.1 PURPOSE

The purpose of this Management Report is to provide the Trustees with constructive observations arising from the audit process. We have already communicated to you the notes of our discussions on the audit arrangements including, where different, communications to those persons charged with governance. We set out below details of any expected modifications to our audit report, details of any unadjusted misstatements in the financial statements (except any misstatements which are trivial), any material weaknesses in systems we have identified during the course of our audit work and our views about the quality of accounting practices and financial reporting procedures, and any other relevant and significant matters we are required to communicate.

Our procedures are carried out solely for the purpose of our audit of the financial statements. Our audit does not necessarily disclose every weakness or accounting practice and for this reason the matters referred to below may not be the only shortcomings which exist.

We take this opportunity to remind you that:

1.2 ETHICAL SAFEGUARDS

As previously explained to you, ISAs require certain safeguards to be taken by our firm as set by the Auditing Practices Board. These are to ensure independence and objectivity insofar as the audit work to be carried out.

We are required to advise you of these safeguards which we consider to be sufficient to allow us to continue the appointment as auditor for the year and to sign-off this year’s audit report.

Bates Weston LLP carry out non-audit services as set out in the respective signed engagement terms.

We have identified potential threats of providing non-audit services to our independence and objectivity as auditor. However, we are satisfied that adequate safeguards have been adopted to reduce these threats to an acceptable level.

We consider that your Charity has informed management who are capable of making independent management decisions and judgements based on information provided.

The non-audit services Bates Weston LLP provide as Accountants as part of the audit process are of a technical, mechanical or informative nature only. We will not in our capacity of Auditors, Accountants or Tax Advisors take any management decisions on your behalf nor will we initiate transactions, determine or change journal entries or classifications in the financial statements without your approval as management.

All adjustments made will be discussed with you and confirmed on schedules provided. Any opening balance adjustments provided by us must be checked by you to ensure that the nominal code suggested is in accordance with your coding structure and authorised.

The safeguard we consider sufficient is that the audit is carried out, supervised and controlled by staff who are not involved in this other work.

As a small company you are entitled to take advantage of the exemption from the application of this safeguard within the ethics guidelines PAASE. If this exemption is used the same staff may be involved in both audit and accounts work. Unless you indicate otherwise we assume you wish to take advantage for as long as it applies.

If you wish to discuss these issues further please do not hesitate to contact Mr I Neal, Senior Partner.

1.3 CONFIRMATION OF OUR AUDIT INDEPENDENCE

We confirm that as of the date of this report, in our professional judgement, Bates Weston Audit Limited and Bates Weston LLP are independent within the meaning of the regulatory and professional requirements and the objectivity of the Senior Statutory Auditor and other audit staff is not impaired.

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Community Action Derby Limited Management Report of the Auditors to the Board of Trustees for the year ended 31 March 2022

1.4 EXPECTED MODIFICATIONS TO OUR REPORT

Accordingly, under ISA 560 we require sight of the information requested on page 21 of this report.

We do not expect to make any modifications to our audit report.

For your information, a draft of our proposed audit report is included within the full financial statements that are enclosed for the board’s approval. However, our responsibilities with regard to the audit report extend up to the date on which it is physically signed and we will advise you of any changes to this position if necessary. The report included within the financial statements is thus to be regarded as draft until it has been physically signed by the nominated Senior Statutory Auditor, our certified full report given to you and we have advised you of this. Unless we are advised to the contrary by you, we will retain the actual signed copy of the accounts by both the Trustees and Senior Statutory Auditor, on the Charity’s behalf for safekeeping in electronic form.

1.5 UNADJUSTED MISSTATEMENTS DETECTED BY US

We have discussed with you the misstatements we identified in the financial statements but which you have declined to adjust. Section 2.2 at page 9 contains our audit schedule “N3.2 Proposed Audit Adjustments” that we have discussed with you. The reason you gave us for not making the adjustment is on the grounds of immateriality individually and in aggregate and its effect on the financial statements. The schedule does not include matters we believe to be trivial. We ask you sign page 21 as confirmation that the misstatements are to remain unadjusted.

1.6 ADJUSTMENTS ARISING FROM THE AUDIT

As we have pointed out we, as auditors, cannot initiate any transactions and all proposed journals and other adjustments whether they affect the profit and loss account or not must be approved by the Trustees.

We have discussed with you all these adjustments arising from the audit, whether they derived from our audit or accounts work or you requested specific adjustments be made. These are detailed in Section 2.1 at page 5 with our audit schedule “N3.1 Actual Audit Adjustments”, which gives a full audit trail between your trial balance and the final accounts.

1.7 POST BALANCE SHEET AND POST AUDIT INFORMATION

The Trustees and the auditors are required to consider and take account of events up to the date of their signing of the financial statements and auditors’ report respectively that may need reflecting in the financial statements.

We regret that final certified accounts cannot be released or filed at Companies House until we have received all the signed documentation including such post balance sheet information that we consider adequate for our audit opinion.

1.8 AUDIT APPROACH

Our general audit approach was determined by our assessment of the audit risk, both in terms of the potential misstatement in the financial statements and of the control environment in which the company operates.

To summarise our approach, we:

Significant risks arise on most audits and are often derived from business risks that may result in a material misstatement, relate to unusual transactions that occur infrequently, or judgemental matters where measurement is uncertain. In areas where we identified the potential for significant risk, we extended our audit testing to include more detailed substantive work. Our work in other areas was proportionally less. The risks identified are set out at page 10.

We apply the concept of materiality both in planning and performing the audit, and in evaluating the effect of identified misstatements on the audit and of uncorrected misstatements. In general, misstatements, including omissions, are considered to be material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements.

Judgments about materiality are made in the light of surrounding circumstances, and are affected by our perception of the financial information needs of users of the financial statements, and by the size or nature of a misstatement, or a combination of both. The materiality levels for our audit work we set at the planning stage were not modified.

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Community Action Derby Limited Management Report of the Auditors

to the Board of Trustees for the year ended 31 March 2022

1.9 QUALITATIVE ASPECTS OF ACCOUNTING PRACTICES AND FINANCIAL REPORTING

During the course of our audit, we consider the qualitative aspects of the financial reporting process on the relevance, reliability, comparability, understandability and materiality of the information provided by the financial statements. We are required to communicate these to you and, where different, those charged with governance including, in particular, items that have a significant impact and which have thus been highlighted as such.

The following are the significant and other main matters and observations we wish to draw your attention to, which were discussed and addressed during the audit:

Bates Weston Audit Limited

16 August 2022

Contact details:

Wayne Thomas ACA Senior Statutory Auditor

01332 365855 waynet@batesweston.co.uk

Bates Weston Audit Limited is registered to carry out audit work in the UK by the Institute of Chartered Accountants in England and Wales (ICAEW) COO1364819

1.10 ACCOUNTING SYSTEM AND INTERNAL CONTROLS

During the course of our audit of the financial statements for the year, we examined the principal internal controls which the Trustees have established to enable them to ensure, as far as possible, the accuracy and reliability of the Charity’s accounting records and to safeguard the Charity’s assets.

Page 11 provides details of any observations and recommendations we have made, together with your responses to these issues as appropriate.

However, our review was limited and we cannot guarantee that all such weaknesses have been identified and brought to your attention that a specific investigation may uncover.

Finally, we take this opportunity of thanking your staff for the assistance offered to us during the course of our work. Their assistance and co-operation was much appreciated.

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Community Action Derby Limited Management Report of the Auditors to the Board of Trustees for the year ended 31 March 2022

2 ADJUSTED AND UNADJUSTED MISSTATEMENTS

2.1 ACTUAL AUDIT ADJUSTMENTS

The following adjustments were processed on your instructions during the course of our audit:

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Community Action Derby Limited Management Report of the Auditors

to the Board of Trustees for the year ended 31 March 2022

2.1 ACTUAL AUDIT ADJUSTMENTS (CONTINUED)

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Community Action Derby Limited Management Report of the Auditors

to the Board of Trustees for the year ended 31 March 2022

2.1 ACTUAL AUDIT ADJUSTMENTS (CONTINUED)

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Community Action Derby Limited Management Report of the Auditors

to the Board of Trustees for the year ended 31 March 2022

2.1 ACTUAL AUDIT ADJUSTMENTS (CONTINUED)

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Community Action Derby Limited Management Report of the Auditors to the Board of Trustees for the year ended 31 March 2022

2.2 PROPOSED AUDIT ADJUSTMENTS

All unadjusted errors below materiality are noted in this report unless they are clearly trivial. Adjustment has not been made on the grounds of immateriality, both individually and in aggregate.

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Community Action Derby Limited Management Report of the Auditors to the Board of Trustees for the year ended 31 March 2022

3 AUDIT RISKS

We identified the following significant audit risks during our audit and these have been concluded as follows:

Significant Audit Risk area and issue identified at
planning		 Approach Findings, significance and recommendations
Revenue recognition risk
Revenue recognition relating to the inherent fraud
risk associated with sales and other income.		 Testing and evaluation of controls around the
system in respect of revenue recognition.
Completeness and cut-off around grants/contracts
income agreed to documentation.		 Controls around the system in respect of revenue
recognition have been tested and are operating
effectively ensuring completeness of sales and other
income. No material cut off issues identified during
detailed testing around year end.
Management override and bias risk
Management override and bias, intrinsic risk as per
the audit standards.		 Detailed review of a sample of client journals and
accounting estimates.		 Our testing has not indicated any areas of management
override or bias from our review of journal entries, or
when considering accounting estimates.

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Community Action Derby Limited Management Report of the Auditors

to the Board of Trustees for the year ended 31 March 2022

4 ACCOUNTING AND FINANCIAL CONTROL SYSTEMS

4.1 MANAGEMENT LETTER ISSUES

The action plan below summarises our recommendations for improving the effectiveness of the Charity’s accounting and financial control systems in the following areas:

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Community Action Derby Limited Management Report of the Auditors

to the Board of Trustees for the year ended 31 March 2022

4.1 MANAGEMENT LETTER ISSUES (CONTINUED)

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Community Action Derby Limited Management Report of the Auditors

to the Board of Trustees for the year ended 31 March 2022

4.1 MANAGEMENT LETTER ISSUES (CONTINUED)

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Community Action Derby Limited Management Report of the Auditors

to the Board of Trustees for the year ended 31 March 2022

4.1 MANAGEMENT LETTER ISSUES (CONTINUED)

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Community Action Derby Limited Management Report of the Auditors

to the Board of Trustees for the year ended 31 March 2022

4.1 MANAGEMENT LETTER ISSUES (CONTINUED)

15

Community Action Derby Limited Management Report of the Auditors

to the Board of Trustees for the year ended 31 March 2022

4.1 MANAGEMENT LETTER ISSUES (CONTINUED)

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Community Action Derby Limited Management Report of the Auditors

to the Board of Trustees for the year ended 31 March 2022

4.1 MANAGEMENT LETTER ISSUES (CONTINUED)

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Community Action Derby Limited Management Report of the Auditors to the Board of Trustees for the year ended 31 March 2022

5 LETTER OF REPRESENTATION

Dear Sirs

MANAGEMENT REPRESENATATIONS TO BATES WESTON AUDIT LIMITED

The following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience such as we consider necessary in connection with your audit of the company’s financial statements for the year ended 31 March 2022. These enquiries have included inspection of supporting documentation, where appropriate, and are sufficient to satisfy ourselves that we can make each of the following representations. All representations are made to the best of our knowledge and belief.

1 GENERAL

We have fulfilled our responsibilities as Trustees, as set out in the terms of your engagement letter under the Companies Act 2006, for preparing financial statements in accordance with applicable law and United Kingdom Accounting Standards (UK Generally Accepted Accounting Practice), for being satisfied that they give a true and fair view and for making accurate representations to you.

All the transactions undertaken by the Charity have been properly reflected and recorded in the accounting records.

All the accounting records have been made available to you for the purpose of your audit. We have provided you with unrestricted access to all appropriate persons within the Charity, and with all other records and related information requested, including minutes of all management and shareholder meetings.

The financial statements are free of material misstatements, including omissions.

The effects of uncorrected misstatements are immaterial both individually and in total.

2 INTERNAL CONTROL AND FRAUD

We acknowledge our responsibility for the design, implementation and maintenance of internal control systems to prevent and detect fraud and error. We have disclosed to you the results of our risk assessment that the financial statements may be misstated as a result of fraud.

We have disclosed to you all instances of known or suspected fraud affecting the entity involving management, employees who have a significant role in internal control or others that could have a material effect on the financial statements.

We have also disclosed to you all information in relation to allegations of fraud or suspected fraud affecting the entity’s financial statements communicated by current or former employees, analysts, regulators or others.

3 ASSETS AND LIABILITIES

The Charity has satisfactory title to all assets and there are no liens or encumbrances on the Charity’s assets, except for those that are disclosed in the notes to the financial statements.

All actual liabilities, contingent liabilities and guarantees given to third parties have been recorded or disclosed as appropriate.

We have no plans or intentions that may materially alter the carrying value and, where relevant, the fair value measurements or classification of assets and liabilities reflected in the financial statements.

4 ACCOUNTING ESTIMATES

The methods, data and significant assumptions used by us in making accounting estimates, and their related disclosures, are appropriate to achieve recognition, measurement and disclosure that is reasonable in the context of the applicable financial reporting framework.

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Community Action Derby Limited Management Report of the Auditors to the Board of Trustees for the year ended 31 March 2022

5 LOANS AND ARRANGEMENTS

The Charity has not granted any advances or credits to, or made guarantees on behalf of, Trustees other than those disclosed in the financial statements.

6 LEGAL CLAIMS

We have disclosed to you all claims in connection with litigation that have been, or are expected to be, received and such matters, as appropriate, have been properly accounted for and disclosed in the financial statements.

7 LAWS AND REGULATIONS

We have disclosed to you all known instances of non-compliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing the financial statements.

11 DISCLOSURE OF INFORMATION

We acknowledge our legal responsibilities regarding disclosure of information to you as auditors and confirm that, so far as we are aware, there is no relevant audit information needed by you in connection with preparing your audit report of which you are unaware.

Each Trustee has taken all the steps that he ought to have taken as a Trustee in order to make himself aware of any relevant audit information and to establish that you are aware of that information.

Yours faithfully

Signed for and on behalf of the Board of Trustees of Community Action Derby Limited on page 21.

8 RELATED PARTIES

Related party relationships and transactions have been appropriately accounted for and disclosed in the financial statements. We have disclosed to you all relevant information concerning such relationships and transactions and are not aware of any other matters which require disclosure in order to comply with the requirements of company law or accounting standards.

9 SUBSEQUENT EVENTS

All events subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted for and disclosed.

10 GOING CONCERN

We believe that the Charity’s financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the Charity’s needs. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the Charity’s ability to continue as a going concern need to be made in the financial statements.

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Community Action Derby Limited Management Report of the Auditors to the Board of Trustees for the year ended 31 March 2022

6 RELATED PARTIES

For the year ended 31 March 2022, the following related parties were brought to our attention and considered during our audit work:

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Community Action Derby Limited Management Report of the Auditors

to the Board of Trustees for the year ended 31 March 2022

7 FINAL INFORMATION REQUEST

The Trustees and the auditors are required to consider, and take account of if applicable, all events up to the date of signing of the financial statements and auditors’ report respectively that may need reflecting in the financial statements.

Accordingly, under ISA 560 we require sight of the following:

▪ minutes or correspondence that may be relevant to our audit.

We regret that final certified accounts cannot be released or filed at Companies House until we have received all the signed documentation including such post balance sheet information they consider adequate for our audit opinion.

Delay in returning all the documents above may involve extra audit work and consequently further fees.

8 MANAGEMENT REPORT APPROVAL

8 MANAGEMENT REPORT APPROVAL 8 MANAGEMENT REPORT APPROVAL
We confirm our reading and understanding of this report and evidence our
approval of the following schedules without exception by signing below:
▪
Actual audit adjustments		 5
▪
Proposed audit adjustments		 9
▪
Management letter issues		 11
▪
Letter of Representation		 18
▪
Related parties		 20
Approved on behalf of the Board
Signed
…………………………………..………………………………………….
Name
…………………………………..………………………………………….
Trustee
Date
…………………………………..……………………………………….

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