ECCABI Ltd FOR THE PERIOD 1ST JANUARY 2023 TO 31ST DECEMBER 2023 Company No. 3491728 (England and Wales) Charity No. 1068348 ECCABI Ltd Company limited by Guarantee with Charitable Status Date of Incorporation 8° January 1998 Charitable Status 27° February 1998 Directors and Trustees Michael Willmore Joanna Kenny Stephen Vinson Michael Hinks Anne Kerridge Edward Whiting from 715108 from 2716107 from 712113 from 712113 from 15103122 from 1110116 to 418122 Company Secretary Edward Whiting Stephen Vinson Michael Willmore from 1110116 to 418122 from 518122 to 1319122 from 1319122 Treasurer Edward Vvhiting from 1110116 to 418122 Registered Company Number 3491728 Registered Charity Number 1068348 Registered Office 8 Holman Road Liskeard Business Park Liskeard Cornwall PL14 3UT Bankers Santander Barras Street Liskeard Cornwall PL14 6AL CAF Bank Ltd. 25, Kings Hill Avenue Kings Hill West Malling Kent ME19 4SQ Independent Examiners Dawe, Hawken and Dodd Chartered Certified Accountants 52 Fore St Callington Comwall, PL17 7AJ Directors, and Trustees, report for the year ending 31$1 December 2023 The Charity is constituted as a company limited by guarantee and is therefore governed by a Memorandum and Articles of Association. Objectives and activities for the public benefit The Charity's object and its principal activity continues to be that of the promotion of any charitable purpose for the benefit of the community in the United Kingdom by the advancement of education, the protection of health and the relief of poverty, sickness, and distress. The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities. The Charity carries out these objects by.. Continuing to explore new ways of improving seriices to the public, in particular the social policy aspect of its work. Securing funding through project work to provide a range of training opportunities, qualifications, and work experience in a mainly rural area. Working with social housing providers in Cornwall to prepare their tenants for the roll out of Universal Credit. Working with foodbanks and other voluntary organisations to support their clients, groups. Poverty in Cornwall is widely dispersed and there are fewer sources of advice, infomation and training available than in urban areas. The Board of Directorsrrrustees meets regularly to manage the affairs of the Charity. The Charity employs a part time Project Manager, one part time Project Co-ordinatorlbookkeeper and two part-time trainers. Developmen( actlvities. and achievements this year Throughout the year the charity has continued to deliver training online through ZoomrrEAMS and has worked closely with other partners to deliver face-ttrface where possible and appropriate. The experience gained from previous projects emphasised the need for early intervention and prevention of crisis, especially with inflation the continuing roll out of Universal Credit. The Eccabi delivery throughout the year was focused on the development, delivery, and evaluation of budgeting through cookery (Eat Well, Spend Less) and courses for a Level 3 Unit in Managing Interviews with Legal Advice Clients. This year as a progression route we have Multiply which is a Government Funded Programme in partnership with Comwall Adult Education delivering basic numeracy skills. On the Multiply project, our courses cover; How to complete a spending diary, How to cook a healthy meal, How to cost a healthy meal and understand the benefits of price comparison. Tar 22 et Achieved 21 Yr 1 October 2022- March 2023 Yr 2 April 2023 - March 2024 60 60 Proqual This is our awarding body for the qualifications we offer. We continue to be an Assessment Centre. Capacity Building in the Community and Voluntary Sector- VCSE Learning Academy This project is funded by the ESF with DIVP as the managing agent and The Learning Partnership (LPCO) as the accountable body. This project began in July 2021., however, we did not commence delivery of the project until March 2022 and received the contract in April 2022. In partnership with Cornwall VSF, we are delivering our training initially to Liskeard and Looe, and Wadebridge, Bodmin and Camelford Foodbank staff and Volunteers. The training consists of: A) Online - one day course on Turn2us covering means tested benefits, including additional help that may be available to individuals from specific charities, details of which can be accessed through the Turn2us intemiediate site. B) Online One day course on Pension Credit including the new 'passport benefits" (Govemment help to cover the increased cost of utilities linked to means tested benefits and Cornwall Council assisted schemes.) C} Face to Face Group sessions Interviews with Legal Advice Clients. a 5-day course to achieve a Level 3 unit in Managing This project finished at the end of December 2023 Pro ect Outcomes and the Pro ect Chan eRe uest - De￿mber 2023 VCSE Ca aci Partici ants Level 2 - Food H Level 3 - Unit Buildin inal Tar etlPCR 150190 21113 45127 Achieved 91 27 40 iene Risk Assessment The Board's analysis of the risks fa￿d by the Company indicate that the main risk stems from the reliance on project funding. It notes the increasing delay in receiving reimbursement of costs. It is keeping this situation under constant review. The Board considers it prudent to maintain a contingency fund to cover redundancy. Transactions and Financial Position The statement of Financial Activities shows a deficit for the year of (£4998) (2022 deficrt - £4,546) and reserves stand at £32,187 (2022 - £37,185) Tangible Fixed Assets Movements in tangible fixed assets are shown in the notes to the accounts. Reserve Policy The Charity is reliant upon project funding. The Board considers it prudent to maintain reserves to enable the Charity to continue to function during periods when no funding is available. Reserves are also needed at the commencement of projects as some funders make payments retrospectively and there would otherwise be cash flow problems. It is also deemed prudent to maintain reserves so that, if the availability of match funding ased, some of these reserves could be used to attract future funding. The reserves held by the Charity at 31 st December 2023 were £32,187. Directors and Trustees All directors of the Company are also trustees of the Charrty and there are no other trustees. The directors are registered at Companies House. The Board has the power to appoint additional trustees as it sees frt. ststement of Trustees Responsibilities The trustees are required by law to prepare financial statements for each financial year, which give a true and fair view of the financial activrties of the Charity and of its financial position at the end of the year. In preparing those financial statements, the Trustees are required to: _ a) select suitable policies and apply them consistently,. b) make judgment and estimates that are reasonable and pmdent,. c) state whether the policies adopted are in accordan￿ with the Companies Act 1985 and wrth appliGable accounting standards of recommended practice, subjeGt to any material departU￿S disclosed and explained in the financial statements," d) prepare the financial statements on a going concem ba&s unless it is appropriate to assume that the Chanty will not continue in operation. The Trustees are responsible for keeping proper accounting records which 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 1985. 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. Approval This report was approved by the Board of Directors and Trustees on and signed on its behalf. /.1 2o£t4 M Willmore Company Secretary ECCABI Ltd INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS Report to the Trusteeslmembers of Eccabi Ltd On Accounts for the year ended Set out on pages 6t010 I report on the accounts for the year ended 31° December 2023. Respective Responsibilities of the Trustees and Independent Examiner The charity's directorsltrustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the 2011 Act: follow the procedures laid down in the General Directions given by the Charity Commissioners section 145{5)(b) of the 2011 Act," and state whether particular matters have come to my attention. Basis of Independent Examinerfs Statement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charrty and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the management committee con￿mIng any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the Accounts. Independent Examiner's Statement In connection with my examination. no matters have come to my attention.. 1) Which give me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with s. 130 of the 2011 Act". or to prepare accounts which accord with these accounting records have not been 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be r ached. Andrew M. Farr, FCCA, Dawe, Hawken & Dodd Chartered Certified Accountants 52 Fore Street Callington Cornwall PL17 7AJ Date: 29th July 2024 ECCABI Ltd STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2023 SUMMARY INCOME AND EXPENDITURE ACCOUNT 2023 2022 Notes Restricted Unrestricted Total Restricted Unrestricted Totsl INCOMING RESOURCES Grants Re￿iVed 102549 102549 140427 140427 Other Income 156 156 49 49 TOTAL INCOME RESCOURCES EXPENDED Direct Charitable Ex nditure Other Ex enditure Management & Administration Contingency Fund Total Ex enditure 111147 111147 145022 145022 NET INCOMEI EXPENDITURE FOR THE YEAR Balan￿ Brought Foward (4998) (4998) 37185 37185 (4546) (4546) 41731 41731 BALANCE CARRIED FORWARD Total reco nised Gains and Losses The Charity has no recognised Gains or Losses other than the profits for the current period The notes fonn part of these financial statements ECCABI Ltd BALANCE SHEET AS AT 31ST DECEMBER 2023 2023 2022 Note Restricted Unrestrlcted Total Total TANGIBLE FIXED ASSETS CURRENT ASSETS Debtors Cash at Bank and in Hand 14585 14585 82779 116426 116426 27424 131011 131011 110203 CREDITORS: Amounts fallin ear due within one 78108 78108 48858 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 52903 52903 61345 Provision for Liabilities & Charges NET ASSETS 20716 20716 24160 CAPITAL RESERVES Unrestricted Funds Approved by the Board on and signed on its behalf by M Willmore Company Secretary ECCABI Ltd NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31•t DECEMBER 2023 ACCOUNTING POLICIES 1.1 Basis of Preparation of Accounts The Accounts are prepared under the historical cost convention and include the results of the Charty's operations which are described in the Directors, and Trustees, Report and all of which are continuing. The Accounts have been prepared in compliance with the Statement of Recommendation Practice on Charity Accounts. The Charity has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to Produ￿ a cashflow statement. 1.2 Expenditure on Management and Administration of the Charrty Administration expenditure includes all expenditure not directly related to the charitable activity. This includes costs of renting and running office premises, staff salaries for administrative staff and audit fees. 1.3 De reciation Depreciation on Computer equipment is provided at 33.33% pa on reducing balance OTHER INCOME 2023 2022 HMRC JRS Monies received Interest Received 156 49 ECCABI LTD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2023 (continued) MANAGEMENT & ADMINISTRATION COSTS 2023 2022 Office Expenses Incl. Rent etc. Travel &Training Costs Audivlnsurance costs Participant Costs Equipment & Sundries Salaries 15139 630 4008 10501 1273 79596 16290 2986 3679 1345 5438 115284 STAFF COSTS 2023 2022 Wages & Salaries Social Securtty & Pension Costs 76971 2625 109695 5589 The average weekly number of staff employed by the Charity calculated on the basis of full-time equivalents during the year were: Direct Charilable Work Administration 2023 2022 Pa ments to Directorsrrrustees 2023 2022 Wages & Salaries Expenses 10. ECCABI Ltd NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31•t DECEMBER 2023 (continued) TANGIBLE FIXED ASSETS Cost Asat 1.1.2023 Additions Disposals As at 31.12.2023 La to Depreciation As at 1.1.2023 Charge for Year As at 31.12.2023 NBV 1.1.23 31.12.23 DEBTORS: Due within one year 2023 Totsl 2022 Totsl Restrlcted Unrestricted Other Debtors 14585 14585 82779 CREDITORS: Amounts falling due within one year 2023 Total 2022 Total Restrlcted Unrestricted Trade Creditors Accruals & Accrued Income 1819 47039 78108 78108 PROVISIONS FOR LIABILITIES & CHARGES 2023 Total 2022 Total Restricted Unrestricted Redundancy Provision.. - Contingency Fund brought forward Paid out in Year Additional Provisionl (Over Provision) 24160 24160 24160 3444 3444