Charity iiuniher: lQ76fiYO C4)mpaiiy nUmar. 36? j?111 Community Action Project Trustees, report and financial statements for the year ended 31 NIarLh 20?4
Conimunity ALtiun PrvjeLt Coiitents Page Le¥al lind adniinistrative intoi'm4ltiuii Tru%tee& rep()rt Independ¥iit ex&iiiiiii¥r%' report SiatcniLnt ()F finanLial aLtivitÉes BalunLe sheet Nulets tv (he financial 51iltements 8-12
Community Action PrujeLt Legal and adniinistrgtive information Charity number 10760L)U Company registration number 36i5901 Business address CAP Cenrre Windinill Liine Sineihwick WLSt Midlaii(Is B66 3LX Reglstered Olle Windmill L&iie SmethwiLk W¢s1 Midluiids B66 3LX Trustees Albei't Hvlion Laihiliii Ebaiiks lurcia G(irdon Chlef executive Hortsce Rt)dney Accountants Y¢vs & Co Yevs Hvu.%e 130 CilP¢ Hill SmethwiLk B66 4PH Bankers Lli)yd Bank PIL Sni¢iliwiLk BranLh PO Box 1000 BXI ILT Solicitors Silks Bari l%iyS Baiik Chiimbers 77 Bii'miiigham Sii-eel Oldbury B69 4EZ P91YP
Community ALtiun Project Report of the tru.stees for the J'ear elided 31 Nlarch ?0?4 The irnstees pre%Lllt their r¢pi)rt and the tinancial %taieineiiis tor the vear ended 31 l&Irch ?0•4. The trustees who served Lirin4 IhL yLar aiid up t() thL dale ot IhiN rep(>rl are .8LIt uut un pa¥¢ l. Structureg gf)vernance and management CAP is li fugiblLfLd Cl)ilriLy aiid <1 Coiiipaiiy Liniiied by ¥uai'LintLe. the cliiiriiyl Lonipany is mthiiclVILd by a Board of Dire¢lor.5rrrublee¥ whl) meers £1 miDiinuin ot ti)ur liines a year. The Bo<ird lil DireilOI'srrruslee4 ineet4 to c()n.%ider mandgcmeni ancl tinanLiol matters relalingtr to thc runnin8 of th¢ OA'gtsni.%atii)n. Th¢ Bi)ard ib supp(IrteLI by u .%niall siatl ieaiii. leiiibLI'ship of IhL organistttion 15 open l(} aiiyi)iie whu siib%Lrib¢ to IhL ain)5 ¢11)d c)bj¢¢lives of the or¥i)Iii.4ation dnd has i)iiipILt¢d a m¢niber%hip appli¥'ilii)n. Ni) pei'b(In is ddimilted a m¢iiib¢r L)f the or17illlib4ilii)n uiiles.s hi.s &ippIiLatic)n l()I' menibeisliip 1% approved b) IIIL Bi)Jrd of DireLLoi'rUSlee1. DireL(oi'sllru%ties are elecied by Ihe member% (Ini)ually. Newly app(iinied DireLtorsllruslee.s are giveii lin induLtii)ii palk (In electi()n Ii) the BoJi'd. Objectives and activities Pr()vide or absi%l in the provi.si(?i) of faiililie.s and ilLIivl1ies for primurily the Afri¥411i . Caribbean Lominunity. und in purtic'ular.. Tlie pre%Lr¥'JtiLin an(1 proieLlion OF good health The flirtlieranie i)f ¥ducaliun. reLreaiivn leisui'c. The reliefr of p()v¢rty, di%tres.s ond sickne¥s. CAP'% 41ilii ib to pi'ovide a on¢ stop serviLe for th¢ largel comniunity 10 41Lcebs woi'k, eduLaiion. healtli ai)d (Jther serviLes IoLally. The or¥ani%aiii)n operllt¢s fr()m a multi-purpu%¢ Lenlre und l()LU% (In five key thin¥% l. Briil¥iii&t the G<lP.' Tliat it pri)vides range ot innoviltii'e. Lomineriial, Lultur&il ancl empowerirt¥ s¢rviLes that addres% signitll14 Iiily the uiidei'lying probleins t4lLiiig blilLk Lommunilie5 InLally. A FoLU8 of LoL¢il A¥livily and Sui)port.' Thill it iiiipr()v¢.% aLLess lind take up (It &ei'viLe.5 tlirough a cultui.ally 5¢nsilive ()nL %tup Lentre. The%e LrlLe% in¢liide those ar(Iiiiid health. housing. employment, cduL(Ili(In aii(I welfare. 3. Li)Lally Oivned.. Th%il these %erviL¢% are %haped, detsi¥n¢d. maiia¥ed and provided by IoLdl pei)ple. 4. $1)¢idl Ei)ierpri.%e aiid Empowerment.. Thri)Ligh a Ll)Inbinali(In ()t hcirnebsing aiid develiiping Lommunity enierpri5e anLJ uperiltiiig ¢uiiiinerLially. i. Stri)n Liiial Pariner%hip I Cii-()per:ItLI)n I Ci)-i)rdindti(In.' a2enLi¢%ln¢TlV()rk Th4lt it wi)rks Lliisely in pdniiLr%hip with iiiher kev local
Coinmunity ALtion Projei't Report of the trustees for the year ended 31 [arch ?0?4 Achievenients and performance HI).SPlliiliiy h41S sieddily gmwn dLirinbF the ye. however il is b¢Loming clear Ihiit the market is very competitive, and we ni)w need Ii) revise Dur busii)e.sty Ini)d¢l it we are tu mJintain our S51all]b)Ilty. Our Lhildi¢ire wi)rk continues despite %etbaLk4 with our losing ot senior %iaff t)v¢r rhe las1 rwo years. SuLLessfiil Hiiliday A¥tl¥'lliLS an(1 Fovd projLLL4 were run &1( Easier and %umnicr wh¢r¢ a wide rangye ot aLtivitie.% Wa pfoviLILd for loLul childi'en. Nursery nuimbers are steudy and we are pl.ep47Lin lo recruit a new manager to drive tnrward turther piDgvi'ess. Plans for future periods Conrinue to 0W the lake up ot iiur8ei'y aiid out ot scho()I places. Recruit a new Nursery hl;Inager lo lead this process. Coniinuou%ly reviewing IhL hc7¥pil¢iliiy business mvdel iu de(ermine liow best lo nieet the risinbl ¢0s1.s of cner¥y, IIILlrtgli1e iiiler¢s1, IninliUi wagTe and toiid LO%ts. C(Inliniie to develop iqiid iiiiplemint 11112illtenaiiLe uiid upgi'&ding progi'amine ot work tor ihe building. Statement of trustees, responslbilities The Iru.sl¢e.% &ll'L fL.%PI)Ilbible toi. pi'epai'ing ihe Tru%lee%' Annual Reporl and the tlllilllLl411 stateiiienis in aLiordJiice with appliLJble Idw aiiLI Uiiilcd Kirtgdi?ni ALL()uniin¥y Siandards IUs)iILLI Kiiigd()In Genei'ally ALLeptLd ALLounlin¥ PraLIiLel. Law Iippli¢dble lu ilidriiics in EnbTl&ll)Ll killLI W'al¥% rL'4uirc% IIiL Irustee% CQ pi'¢parL finanLi:Il .%t1i lenient% fi)r e:ILli fii)allLial yedi. whi¥h biiye J fiwe and luii. view ot ihJrily dnd ot rhe iliioiniiig r¢%()urLe4 dnd appliLIi(ii)n c)I' resourLe.¥ [)t the Lhurily lor that y¢dr. In prcpariiig theskn finanLial statemeiits the 11tssiees aiE re4uired ti).. .4eleLt.%uitable acLL)Iiniin¥ poli¢ivli and rhen apply them Lon,Sililently: obsei'vL% (IIL IiILihods aiid pi'iii¢ipl¥S 111 the Charities SORP; make jud&Tement8 and estimdte% that ar¢ reasonoble and prudeni., tate whcther appliiable LIK ALlI)unliiig Standard% have been lullowed, subjeLI ti) any material deparliires discloseJ aiid expliiinLd 15) th¢ 11116iiic&al sidlenieiils: L lid pi'epiire the tinancial tstiilem¢nts on the going conLern ba%is uiiless it is iiiappi'opri41te lo pi'e5Uln¢ th4lt ihe charity will Li?iiliniic iii operatii)n. The iru.%iees are respon4ible for keeping proper accounting reLord% whiLh di.SLloie M'ilh reaionable acLufaLy al ally linie th¢ IiiiilllLial po%ilioi) ot the ihai'icv and en%ible them to eniLirc that Ihe tlil&lnii&il %tthtei)ient% iolmplv with the Charities Ail IY93 anil thL Chdi'ii)" IALL()unt.% and RLPI)I'ttsl RLgulaiii)ni ?008. They are als1) rL%PI)II%LblL ti)r %Utcbyul1ln¥ ilie ab.%¢li of the Lh41rily aiid heiiie tor l&ikii)¥? re41solliible %teps loi. the pi'eventioii and deteLtiTrn ol Iraud and oih¢r VA(Fp I
Community Action ProjeLt Report of the tru,stee.s for the year ended 31 NIareh ?0?4 On behdlt ot the boi£ rd Secretary £O£f p%p J
Conimunity ALtion Project Independeiit exaniiner's report to the trustees on the unaudited financial statements of Community Action ProjecL I repo1 oil chL (l¢LllUllts of Conimuiiiiy.4LllOI) ProjcLL I'vr. thc year eiid¥cI 31 LNl&ll'Lh ?1)94 5LlI Ollt oil pages ? to l ? Resp¢Ltive respunsibilities of trustees and independent examiner A% tlie ¥l)arity s ifusiL¢% yuu arc re%pon.%iblL I'or tIIL pfcpiiralion ol ihe a¢Loulli%, you con%ider th611 tlib audii requirement ol seLti(In 431? i ot the Chcu'iiies Act l Iihe Aiti. iiinended by beLtioii ?8 ot rhe Charities ALI ?1106 ni)t apply nLI rhal 111 inLlepLndLiiI e.KJITiinalion 1% n¥LdLLI. li ib my re4pi)n%ibiliiy IL) Lxamine th¥ aLciiunl8 un(ILr 4eLti()n 4.31 111 al of the Act, aii)ended: t() tollow Ihc pi'ocediii'es laid di)wn iii tlie Gener1¢ l Dire¥tions given by the Charity Coinimissioii under %eLti(In 4317 Iibi of the Ail, ainended: aiid iu state whether PiirtiLul¢ir mdlter% have ¢oine io my Jiteiilion. Basis nf independent examiner's statement My Lxaiiii11411ian 7¢ s cai'riLd oul in a¢eui'd:iiiue with the GLneLal Diit¢iioiis given by th¢ Charity Coiiiini&sion. An examinatii)n inulude.% a review L)f the a¥Luuiiling reLords kepi by the Lh¢irity and a Li)mpari.%aii ()f the accouiil.% pre%eiiled with those reci)rds. li Iso iiicliides cunii(IbfiiLiiili of aiiy unubual it¢r&)s oi. di4clo.4iires ii) IhL l¢¢eouiil¥. &iid sebkiiig expl¢lll&ilii)ii% Iri)m y()U iru%tee% ¥i)IlLeri)iiibF any %ULh nialt¢r%. The procediire% uiidertakeii di) n()I provide all the evid¥iiLe thai would bL required in ali audii and LOnS¢qULntly no opinion is given iu wlietlier Llie aLLoun¢8 prcs¥nt a 'true Lind luir view, and the report is limiied io Ihi)se multers sel Out in Ihe stthteinent below. Independent examiner's statement In Lvnneilion with Iny exainin'ition. no In411ter hu% Conie 10 iny altenrion: lj) which gi.$ mc rL'asoiiablL c¢ll1 to believ¢ Ihli t in ilny nial¥rial rebpect the re4uireiiienl4'. to keep proper a¢Lciuiiling reLor(L% in a¢L£)rdiinie willi seLlioii 41 c)r ALI; and tl) pr¢p'ire uccvunis whiLlI acLord willi the aLLOUlltiiig record.% and to ¢omply with Ihc llccuuntiTh8 requiremenÈ8 ot Ihe ALI h&ve not bLen nicl: or l li 110 whiLh. in my É)pini()n, ultention sh()uld be di'aivn in order lo en&ible u pr(Iper undei'slanding of the &¢¢ounl% lo be reached. Sylvanus Dzotsi ACCA Independent examiner Yevs Hause 130 Cape Hill Smethwick Vest lId18ndsS B66 4PH
Coinmunity Actiun Project Statement of financial activities For the year ended 31 [arCh 20?4 Unre5triLted funds 20?4 TDtal 10?3 Total Notes Incoming resources Inc()niing re.s1)urces from generntin7 fun(Ls'. Vi)lunt&iry inLI)Ine A¥livities toi. geii¥rutinby tund% Iiivesrnient incon)e Other inLoming rebourcey 1.17,574 83,681 508 137,574 83.fi81 508 165.049 149.111 2114 16.663 Total incomlng res()urces ??I,763 ?1,76.1 331.018 Resources expended FuiiL(ion Rooni ExpLnditure Siaff Lu.4t E%iabli%limeni Ll)%ls ALLiiuiiianLy lee4 Legal and prote%si(Inal fee% CiiniinuiiiLdli()ii% and IT Printing,Poslage & Siatinnery iur8ery expeiis¢8 InterL.st payablL and siinil11r ch4wÉve DepreLlallC)n an(1 inipdiriiieni Subscription Geiieral Expen*e.s Spe¥ial ProjeLI .16,?73 .38,949 170.579 57.134 3,000 1.879 3,396 631 513 ?9,699 1.3.1.48? 5?.8.1? ?64 4.1•3 27? ?7? 44.057 44,057 1191 6?5 ?.96.1 891 6?5 ?,963 L,68? 2.?50 4,10? Total resources expended ?78,38? ?78..18? 314.857 Tot611 funds brought toi-ward 117? 377 1,27? 377 1 ?56,?15 Total funds carrled forward 1 915,758 1 !15,758 1777 376 The niiteii Ikn page.% 11 til 11 torm an intexral part i)f these financiiil gtatemenL PAtsp A
Community Action Project Balance sheet as at 31 NIarLh 2024 211?3 Notes Fixed assets ? 5.10.4?4 ?,5.10,4?4 Current assets Debiurs Cash at baiik and in hand 8.106 ??.791 5.440 79.OYO 30,897 Creditors: amounts falling due wilhln one year 10 (80.05?) 177.0661 et Lurrent Iliabilitiesilassets (49.15)) 7.464 Total assets less current Ilabilities Credltnrs; amounts falling due fter more than one year Accrugals and deferred Inconie ?.481 ?69 ?.537,888 (70n.?87) 156 j,?ry41 1711Q,?871 1565 ??41 Net assets 1 ?15,758 1 ?79 377 Funds Unrebtri¥ted inLI)m¢ lunds: UnresrfiLled inLI)me fuiid% Rev&luLition re&ei've 915.386 30(1,37? 97?,005 3011,37? Total unrestricied inLoiiie tunds 1,215.758 1 ?7? 377 Total funds 1115.758 1 ?7? .177 The trinanLi¢il StaMentS were approved by the trustee% on and signed on ils behalt by Albert Hylton Trustee The ni)tes iin page4 8 til l? fiprm inte%ral part i)f thetse finanLial statements.
Community Actiun Pri)ject
Notes to financial statements
for the year ended 31 [arch 2024
AcLounting poliLies
The priiiLipal aLL()uiiting puliLie% al'e summari4ed beli)w. The aLC()uniii)¥ piiliiie5 hiive be¢n applied LOn.SiStently
throubFhuul Ih¢ yeiir and th¢ preL¥diiig year.
1.1. Basis of accounting
The t11141n¥1411 slateinei)ts' are pi'epdi'ed undei. the hibtoriLal cosl Lonvention thnd in ilLiOI'daiice with the Starement
f Rkncuminendeil PraLIiLL 'ALei)iiiiting and Reporting by Chdriii¢s' i%%ued in March ?nOS ISORP ?0051 and the
Charities ALI I Y93.
1.2. Inconilng resources
All inL()iiiiiig re%oui'ce4 are included in the slaiement ot tinancial acliviiies when the chaiity is enliiled to Ihe
incoinc and ihL ani()unl lan be 4uanlitLed with reasunable ilCLuraLy. The foll(Iwinbv speLifiL poliL'ie$ are applied 10
PaLtiLular categories of irtcnine:
Voluniary income is received bv way ot grani%, dvnthiion% and gifi.4 and is included iii full in the %iatemenf of
fiii
CommunAt> Action Project Notes to financial statements for the year ended 31 larch ?014 1.4. Tangil)le fiNe(l absets and depreciation TaiiiviblL IiKLd as.SLt.% iirc blalLd al Li?Ni le.%.s aLiumulalcd deprc¢ialii)n. DepreLialion 1% Pliivided ai rale% LalLulalcd to writL' ott thL COSt oi. valiiatioii less residual valu¥ Ot Laih as%Li over its exp¥cied us¢lul lite. as toll()ws: Ldnd 1)d buildingvb Fixtures, Iirtii)gs and eq41ipnient Nil pri)VlSiL)n ?5% sii-aighi line 1.5. Defined contribution pension schemes The pengiL)11 ¢04t% Lh'Ve{l in the finun¢ial slalemenis represent the L()ntribution Piiyal)le by the charity duriiiu Ihe year. Voluntary Income L.nre¥trleted funds ?1124 TTrtal 2023 Total DLlerrcd iniume IGc)v¢rnrnenl grant) SNIBC Ri)(Im Flire Clover Debil% 135.489 ?,0115 135.489 114,434 137.574 137,574 165,049 Actlvities for generating funds LfnrestrictLd funds ?1124 Total 2(193 Totul Income Ironi n411'seryl Out of School 83.fi81 83.681 149,102 8.1,681 83.681 149.11)2 Investment income Unrestrlcted funds ?n?4 Total 2023 Total Bank inieresl reLeivable 508 508 2114 508 508 PaLTP
Commuiiity Action Prnject Notes to financial statements for the year ended 31 NIarLh ?024 Other inLomRng resourLes 2044 ?1)?3 Total Oih¢r iiiLon)¢ Other inLome .S..196 16,66.1 Emplfiyees Employment costs 211?4 Wage% anLI %aliiiie SoLidl .%eLurity c()%t$ Penliiiii Oiliei- Lc)tslN 1 16.479 4.9x8 ?.06.) 158..175 5,.346 6,5!5 333 133.4g? 1711,579 The a¥'eraye montlily numbeTh c)f einployeei l inc'ludiiig tlie Iru%l¢es1 dui'iiig the year, calLulat¢d on ihe ba%is of tull lime equivalents, folli)ws'. 20?4 Numher 10 10 Penslon costs The L(Iinpany oper<C% 41 defined Li)ntribiiri()n pensii)n %iheine in repeCt (if the Nest Fund. The %¢heme und iLs LS%¢ti are lield by independLI)I nb111a£knr%. The peii%ivn Lliiif!Te represenls contributiiiiil due I'rom tlie Lump41ny and Was 415 ti)Iliiws'. 20?4 20?3 PenNic)n charge I l)
Communit) Action Project Note,s to financial statements for the year ended 31 1arCh 2024 Land and Fixturi's. buildin¥s fjttingy and rreehi)Id e(Iiiiptn¢nt Tungible f]ed assets Cost At l April ?0?3 and At 31 Mdreh ?0?4 ? 830.794 383.661 47,?60 3.161.715 Depreciation At l April ?0?3 and Net book values AL 31 Mcirch ?0?4 ?.530.499 ?.530.4?4 At 31 Mairh ?0?3 ?,53Q,4?? ?.530,494 Dehtors 20?J Trade dLhii)rs Other dehi()r8 1988) 6.4?8 8,106 8.106 5.440 Io. Creditors: aniounts falling due within one year 2024 21)?3 Biink ()verikraft Ll(?yd Bdnk S4iiidwell Metropolildn Council Trad¢ Lreditors Other la.Kes ai)d .8QCi1( I security Accrucil% i1nd deferred inLorne ?97 65.146 6.500 4.209 1.400 2.5QQ 65,146 6,500 -1,000 80.0.fj? 77.066 P#upll
Coinmunity Actioii Project Notes to financial statements for the year ended 31 NIarch 2024 ii. Creditors: amounts falling due after mi)re than one year 21)14 ?11?3 LlÉiyd Bank PIL Sandwell le[rop1)lItn Couii¢il 493.877 706.410 493.877 ?116.410 7(]0.?87 71K).?87 Accruals and deferred Income 20*4 2023 Government grants At l April ?0?3 RelLu%eJ in year {565 ?)41 (58.1.457} 18,?.1.1 At I l MaLL'h ?0?4 1565.??4} 156fj,??41 13. Unrestricted funds At l April InLomlng Outgoing G4lns and resourLes resources lusses At 31 L¥larch 2024 UnrelitriLted Fund 97?.005 ?11,76.1 1178..38• .300,37? 1 ?15.758 P9tsy I?