2022-07-31-accounts - Agency For Culture And Change Management

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Company number: 03603632 Charity Registration No: 1080561

AGENCY FOR CULTURE AND CHANGE MANAGEMENT (ACCM)

Director's Report and Financial Statements

FOR THE YEAR ENDED 31 July 2022

AGENCY FOR CULTURE AND CHANGE MANAGEMENT (ACCM) FOR THE YEAR ENDED 31 July 2022

INDEX

3 Directors' and Trustees’ Report: Reference and Administrative Details
4 Directors' and Trustees’ Report: Structure, Governance and Management
6 Accountant’s Report
7 Statement of Income and Expenditure
8 Balance Sheet
9 Notes

AGENCY FOR CULTURE AND CHANGE MANAGEMENT (ACCM) FOR THE YEAR ENDED 31 July 2022 Trustee's Report

Trustees’ Report

Reference and Administrative Details of the Organisation

Organisation name:

AGENCY FOR CULTURE AND CHANGE MANAGEMENT (ACCM)

Office:

All Saints Centre, 7 Lyons Close, Sheffield, South Yorkshire S4 7EP

Directors and Trustees:

All were in office until the AGM and seek re-appointment. Nelson Kaggwa Chair Irene Nakamatte Treasurer Ahmed Ismail Hussein Trustee Mustafa Faid Ali Trustee Abdul Kinene Secretary

AGENCY FOR CULTURE AND CHANGE MANAGEMENT (ACCM) FOR THE YEAR ENDED 31 July 2022

Directors' and Trustees’ Annual Report

The directors and Trustees present their report and the financial statements for the period ended 31 July 2022

Principal activities, objectives and organisation of work

The principal activities of the companu are: To bring together people and groups from various cultures to uphold and develop good things in any culture and combatignorance about different people's cultures and beliefs.

To promote culture and bring about good change to tackle the secret culture of Female Genital Mutilation (FGM) in migrant communities of African, Asian and Arab origin and communities living in the south and west of Yorkshire The company is organised so that the directors meet regularly to manage its affairs. There are full-time and part-time employees who manage the day to day administration of the company.

Directors' and Trustees’ responsibilities in relation to the financial statements.

Company law requires the directors to prepare financial statements for each financial year which give and fair view of the organisation’s financial activities during that period and of its financial position at the end of that period. In preparing those statements, they are required to:

Select suitable accounting policies and apply then consistently.
Make judgements and estimates that are reasonable and prudent.
Prepare the financial statements on the ongoing concern basis unless it is inappropriate to presume that the organisation will continue in the foreseeable future.

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the organisation. They are also responsible for safeguarding the assets of the organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Summary of Financial Position:

Summary of Financial Position:
	£
Net incoming (outgoing) resources:		(1,571)
Total reserves:		8,327
(including fixed asset reserve)		0

Risk management.

The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems are in place to mitigate the exposure to major risks.

AGENCY FOR CULTURE AND CHANGE MANAGEMENT (ACCM) FOR THE YEAR ENDED 31 July 2022 Directors' and Trustees’ Annual Report

(continued)

Directors and Trustees

All directors of the company are also trustees of the charity. There are no other trustees. All the trustees named served for at least part of the year. All of the trustees retire at the forthcoming Annual General Meeting but are eligible for re-appointment. The trustees may appoint a person as a trustee to fill a vacancy or to act as an additional trustee.

This report is prepared in accordance with the special provision of part VII of the Companies Act 1985 relating to small companies.

This report of the trustees was approved by the board on 13th July 2023 and signed on its behalf by

Irene Nakamatte 13th July 2023 Irene Nakamatte (Treasurer)

AGENCY FOR CULTURE AND CHANGE MANAGEMENT (ACCM) FOR THE YEAR ENDED 31 July 2022 ACCOUNTANT'S REPORT

Accountants' report to the directors, trustees and members of Agency for Culture and Change Management (ACCM)

You consider that the company is exempt from an audit for the period ended 31 July 2022

You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the year.

In accordance with your instructions, we have prepared the accounts which comprise the the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

Abdul-Nuur Kinene

AGENCY FOR CULTURE AND CHANGE MANAGEMENT (ACCM) FOR THE YEAR ENDED 31 July 2022

Statement of Financial Activities and Income and expenditure Account

*Note* 0 1	INCOMING RESOURCES Other income (Hours donated inkind) RESOURCES EXPENDED Charitable activities: Activities or furtherance of the group activities Publicity Direct Charitable Costs Teaching and Materials Management and Administration Office Rent and Services Staff costs Other Administration Governance costs Total funds expended Surplus/(Shortfall) of Income over Outgoings Capital spending Balance brought forward Balance carried forward	Un- Un- TOTAL Restricted Restricted Fund Fund £ £ £ 2022 51,641 60,511 112,152	2021 151530
		51,641 60,511 112,152	151530
		- - 51,641 - - 7,600 7,600 - 48,974 48,974 - 4,958 4,958 - 550 550	- 80214 - - 58316 3398 - 550
		51,641 62,082 62,082	142478
		0 (1,571) (1,571) - - - - 9,898 9,898	9053 845
		0 8,327 8,327	9898

AGENCY FOR CULTURE AND CHANGE MANAGEMENT (ACCM)

FOR THE YEAR ENDED 31 July 2022

Balance Sheet

*Note* - FIXED ASSETS CURRENT ASSETS 1 Debtors Cash at Bank and in Hand 2 Creditors: Amount falling due within more than one year Net current Assets/(Liabilities) NET ASSETS REPRESENTED BY: 3 Designated Fund Unrestricted Fund 3 Accumulated Funds	TOTAL £ £ 2022 2022 - 16,068 647 16,715 (14,322) 2,393 2,393 - 2,393 - 2,393 2,393	TOTAL £ £ 2022 2022 - 16,068 647 16,715 (14,322) 2,393 2,393 - 2,393 - 2,393 2,393	TOTAL 2021 2021 - - - 845 845 - 845 845 - 845 - 845 845	TOTAL 2021 2021 - - - 845 845 - 845 845 - 845 - 845 845

		2,393 -		845 -
		2,393		845
		-		-
		2,393		845
		2,393		845

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirments of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The income is £112,152 due to two factor i. a reduction in volunteering in kind donations. ii. Grants not received

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

The financial statements were approved on behalf of the directors on 13th July 2023

Treasurer: Irene Nakamatte Irene Nakamatte

Date 13th July 2023

AGENCY FOR CULTURE AND CHANGE MANAGEMENT (ACCM) FOR THE YEAR ENDED 31 July 2022

Notes to the Accounts

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The financial statements are prepared under the historical convention. The layout is in line with Charity reporting under SORP 2005.

Explanation of Income and Outgoings in the SORP layout.

A. Direct Charitable costs

This is all spending on the direct objects of the Charity. C. Management and Administration costs

These are support costs, not specifically related to projects

B. Governance

This is fees paid for legal and professional services, such as to the accountant.

Depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows: Equipment & Fixtures 25% on the wriiten down value Vehicles 25% on the wriiten down value

Taxation

The organisation does not need to be and is not registered for Value added tax (V.A.T.). Therefore Input V.A.T. is not recoverable and costs are shown including any V.A.T. charged.

The organisation is not-for-profit, and will apply for exemption from Corporation Tax. Any investment income will however be taxable. For the financial year under review there was no investments undertaken by the charity.

AGENCY FOR CULTURE AND CHANGE MANAGEMENT (ACCM) FOR THE YEAR ENDED 31 July 2022

Notes to the Accounts

(continued)

1 Operating profit/(loss)

£ The surplus/(deficit) is stated after charging: Accountancy 550 Staff costs 48,974

No single employee earned more than £50,000 in this or the last year. The trustees were not paid anything in this or the last year.

1 Debtors

----- Start of picture text -----
£
16,068
16,068
----- End of picture text -----

AGENCY FOR CULTURE AND CHANGE MANAGEMENT (ACCM) FOR THE YEAR ENDED 31 July 2022

Notes to the Accounts *(continued)* Trade Creditors Accruals Assets represented by funds Designated Fund £ Fixed Assets - Current Assets - Current Liabilities - - Service Level Agreements 48,974 Other incomes 63,178 *EXPENDITURE* charitable work 50,651 wages 48,974 volunteer expenses 4,891 Travel and transport 2,057 clients outings and entertainment 1,387 statinery and postage 648 FGM conferences and seminars 5,115 SURPLUS/DEFICIT Creditors: Amounts falling due within one year:		£ - (14,322) (14,322) cted Total £ £ - - 16,715 16,715 - -

	Un- restri Fund
-		16,715 16,715
48,974 63,178 50,651 48,974 4,891 2,057 1,387 648 5,115		112,152 113,723 (1,571)