## African Caribbean Achievement Project
Charity number 1081624
A company limited by guarantee number 03762462
## Annual Report and Financial Statements
for the year ended 31 March 2024
African Caribbean Achievement Project
Annual Report and Financial Statements for the year ended 31 March 2024
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 5|
|Examiner's report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the accounts|9 to 13|
## **Prepared by West Yorkshire Community Accountancy Service CIO**
1
## African Caribbean Achievement Project
## Trustees' report for the year ended 31 March 2024
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial year and up to and including the date the report was approved were: **Name Position Dates**
Asher Sefanit-Wudasee Ann Marie Smith Samuel Wyatt Helen Moyles Donna Howells Angela Phillip Diane Ruddock Natalie Turner
Chair Treasurer Resigned 25 April 2023 Young Person Representative Resigned 25 April 2023
Appointed 25 April 2023 Appointed 25 April 2023 Appointed 3 December 2024
Claudia McFarlane
Secretary
Resigned 20 July 2023
## **Charity number Company number**
1081624 03762462
Registered in England and Wales Registered in England and Wales
## **Registered and principal address**
## **Bankers**
17 Claremont Unity Trust Bank PLC Bradford Nine Brindley Place BD7 1BG 4 Oozells Square Birmingham B1 2HB
## **Independent examiner**
Rhys North ACA **West Yorkshire Community Accountancy Service CIO** Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a company limited by guarantee and was formed on 29 April 1999. It is governed by a memorandum and articles of association. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.
## **Method of recruitment and appointment of trustees**
Trustees and other members of ACAP are elected at the Annual General Meeting, which is advertised within the local communities, to all funding agencies and other partners.
2
## African Caribbean Achievement Project Trustees' report (continued) for the year ended 31 March 2024
## **Objectives and activities**
## **The charity's objects**
The advancement of the education of the African Caribbean inhabitants of West Yorkshire.
## **The charity's main activities**
The African Caribbean Achievement Project (ACAP) is a volunteer-led charity established in 1995 with the purpose of promoting and advancing the educational development of individuals of African and Caribbean descent in West Yorkshire. Located in Bradford, our mission is to empower individuals to unlock their full potential by fostering a passion for learning and achieving excellence in all aspects of their lives.
Through our dedicated efforts, we recruit, train, and deploy volunteers (acting as role models) from the local community to engage with young people through our projects, community initiatives, and with schools across the Bradford District. Our charity enables individuals to realise their aspirations, bolster their self-esteem, and cultivate the confidence needed to achieve their goals. Our overarching vision is to empower individuals and help them develop so that they are in a position to make significant and positive contributions to society as a whole. To achieve our objectives, we offer a variety of services and projects that are tailored towards the unique cultural needs of our beneficiaries.
## **Structure, Governance and Management**
The trustees are responsible for the overall management and control of ACAP and meet a minimum of six times a year. The work of implementing the policies of the organisation is carried out by individual members of the Board who each has responsibility for different areas on a sub committee. Sub committees are currently set up for Finance and Organisational Development and include volunteers and young people as members. The members from these sub committees report back with their recommendations and feedback to the full trustee Board meeting. All trustees give of their time freely and receive no remuneration or other financial benefits.
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of education.
## **Achievements and performance**
During the year in review, ACAP has continued to deliver its core services:
- l IT and Employability Support Project: This year, we continued empowering adults with vital digital skills, from foundational computer literacy to advanced software use. By combining IT education with employability essentials such as CV building, interview techniques, and financial literacy, the project has provided participants with the tools they need to excel in their careers and embrace new opportunities.
- l Parent Advocacy and Support: We supported parents to navigate school systems, attending appointments with them, advocating on their behalf, and helping address educational concerns. By providing parents with resources and guidance, we have strengthened their ability to champion their children's education while building stronger, more positive relationships with schools.
- l Arts and Culture Programme: Our creative initiatives this year included poetry readings, music, and film events, enriching lives and strengthening community bonds. This vibrant programme celebrated cultural heritage and created a sense of belonging, inspiring personal and community growth as we approach 2025 as Bradford’s City of Culture.
- l Therapeutic Arts and Crafts Project: Through this initiative, individuals found a space for emotional expression and healing. We also provided access to counselling and other therapeutic services, enabling participants to harness creativity as a tool for improved mental health and emotional resilience.
3
## African Caribbean Achievement Project
## Trustees' report (continued) for the year ended 31 March 2024
## **Achievements and performance continued**
- l Active Women Together Project: We continued to inspire women to embrace active lifestyles, build connections, and create supportive networks. By promoting personal growth and physical activity, the project promotes empowerment and positive change in their lives.
- l Mental Wellbeing Project: This year, we facilitated weekly walking groups for African Caribbean adults, which included culturally rich historical walks, trips and activities like Black history studies and employability workshops. The project also featured camping trips and encouraged community volunteering, promoting health and connection.
- l Community Health Development Project: Through our 'Living Well' initiative, we empowered African Caribbean adults to adopt active lifestyles. This included fitness sessions, health and nutrition workshops, and healthy cooking classes, all aimed at promoting holistic well-being.
- l Volunteering Programme: By matching volunteers with meaningful roles suited to their talents and aspirations, we celebrated the strength of the African Caribbean community. This initiative continues to encourage personal growth and adds valuable contributions to our work.
- l Science Club for Young People: We continue to spark a love for science among young people with engaging, hands-on activities. Nurturing curiosity and critical thinking, this project inspires confidence and aspirations for a brighter future in STEM fields.
- l Mentoring Programme: Our one-to-one and group mentoring sessions supported students in achieving academic success and personal development. Teaching resilience and developing ambition, we are investing in the next generation of leaders.
- l Semi-Independent Accommodation for Young People: We advanced our plans to provide semiindependent accommodation, focusing on helping young people transition into adulthood. This initiative is ongoing and reflects our commitment to supporting self-sufficiency and building futures filled with independence and opportunity.
This year, our dedication to uplifting and empowering the African Caribbean community has continued to shine through our diverse projects and initiatives. Together, we have made strides in education, health, creativity, and empowerment, ensuring a stronger, healthier, and more connected community. We will continue to build on these projects into 2024-2025.
## **Financial review**
The net income for the year was £18,224, including net income of £7,261 on unrestricted funds and net income of £10,963 on restricted funds.
## **Reserves policy**
The charity's free reserves, excluding fixed assets, at the year end were £27,715.
ACAP’s Reserve Policy is to maintain a minimum 30% of annual turnover, which equates to £19,000 based on actual 2023/2024 expenditure.
4
## African Caribbean Achievement Project Trustees' report (continued) for the year ended 31 March 2024
## **Statement of trustees' responsibilities**
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will 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 charitable company and to enable them to ensure that the financial accounts 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.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Approved by the board of trustees on …………..……...…….
Signed: ………………..…………. (Trustee)
Name: ……………..…..………….
5
## African Caribbean Achievement Project
## Independent examiner's report to the trustees of African Caribbean Achievement Project
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2024, which are set out on pages 7 to 13.
## **Responsibilities and basis of report**
As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
- 3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
- 4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: …………………………………… Name: Rhys North ACA
Date: …………………….
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
6
## African Caribbean Achievement Project
## Statement of Financial Activities
## (including summary income and expenditure account) for the year ended 31 March 2024
|Notes
2024
Unrestricted
funds
£
**Income from:**
Grants and donations
(2)
25,932
Room hire
-
Consultancy income
790
Bank interest
134
Other income
448
**Total income**
27,304
**Expenditure on:**
Salaries and NI and pensions
(3)
9,045
Payroll charges
506
Volunteer expenses
526
Rates
1,285
Utilities
186
Insurance
433
Security
480
Building maintenance and refurbishment
-
Cleaning
104
Telephone and internet
244
Postage, printing and stationery
-
Computer costs
627
Publications and subscriptions
511
Equipment and furniture
-
Delivery/ outings and activities
353
Travel
-
Independent examination
1,272
Professional fees
575
Tutor fees
35
Publicity and promotion
-
Depreciation
8,002
Bank charges
191
**Total expenditure**
24,375
**Net income / (expenditure)**
2,929
**Transfers between funds**
4,332
**Net movement in funds**
7,261
**Fund balances brought forward**
219,432
**Fund balances carried forward**
(4)
226,693|2024
Restricted
funds
£
54,389
-
-
-
10
54,399
17,413
-
562
757
4,427
509
446
87
86
1,853
112
782
635
1,083
5,792
1,355
348
-
2,817
-
-
40
39,104
15,295
(4,332)
10,963
13,285
24,248|2024
Total
funds
£
80,321
-
790
134
458
81,703
26,458
506
1,088
2,042
4,613
942
926
87
190
2,097
112
1,409
1,146
1,083
6,145
1,355
1,620
575
2,852
-
8,002
231
63,479
18,224
-
18,224
232,717
250,941|2023
Total
funds
£
39,275
75
-
50
372
39,772
11,853
226
149
2,413
4,139
905
780
307
259
1,346
53
825
1,474
294
4,327
162
882
785
3,739
150
8,025
150
43,243
(3,471)
-
(3,471)
236,188
232,717|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
7
## African Caribbean Achievement Project
## Balance sheet
|as at 31 March 2024
2024
Unrestricted
£
**Fixed assets**
Tangible assets
(5)
198,978
**Total fixed assets**
198,978
**Current assets**
Debtors and prepayments
(6)
10,057
Cash at bank and in hand
(7)
22,639
**Total current assets**
32,696
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(8)
4,981
**Total current liabilities**
4,981
**Net current assets / (liabilities)**
27,715
**Total assets less current liabilities**
226,693
**Net assets**
226,693
**Funds**
Unrestricted funds
226,693
Restricted funds
-
**Total funds**
226,693|2024
Restricted
£
-
-
107
24,141
24,248
-
-
24,248
24,248
24,248
-
24,248
24,248|2024
Total
£
198,978
198,978
10,164
46,780
56,944
4,981
4,981
51,963
250,941
250,941
226,693
24,248
250,941|2023
Total
£
206,980
206,980
1,153
28,470
29,623
3,886
3,886
25,737
232,717
232,717
219,432
13,285
232,717|
|---|---|---|---|
For the year ending 31 March 2024 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on …………..……...…….
Signed: ……………...………….…. (Trustee)
Name: ……………..…..………….
8
Notes to the accounts
## African Caribbean Achievement Project
## for the year ended 31 March 2024
## **1 Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
## **Going concern**
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
## **Expenditure and liabilities**
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Tangible fixed assets**
Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Freehold buildings: over 50 years Project and office equipment: over 5 years Computer equipment: over 4 years
## **Pensions**
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
9
## African Caribbean Achievement Project
## Notes to the accounts continued
## for the year ended 31 March 2024
|**2 Grants and donations**
Bradford District Community Foundation
British Science Association
Cycling UK
Leeds Community Foundation (LCF)
People's Health Trust
The Albert Hunt Trust
Bradford Metropolitan District Council (BMDC)
Global Fund for Children
Lloyds Foundation
Other donations
**3 Staff costs and numbers**
Gross salaries
Social security costs
Employment allowance
Pensions|2024
Unrestricted
funds
£
-
-
-
-
-
-
-
-
25,000
932
25,932|2024
Restricted
funds
£
-
-
-
-
8,389
-
26,000
20,000
-
-
54,389|2024
Total
funds
£
-
-
-
-
8,389
-
26,000
20,000
25,000
932
80,321
2024
£
26,426
718
(718)
32
26,458|2023
Total
funds
£
10,000
500
2,816
10,000
12,948
2,000
_-_
_-_
_-_
1,011
39,275
2023
£
11,853
333
(333)
-
11,853|
|---|---|---|---|---|
The average number of employees during the year was 2.5, being an average of 1.3 full time equivalent (2023: 1.2, 0.6 FTE). There were no employees with emoluments above £60,000.
|**Defined contribution pension scheme**
Costs of the scheme to the charity for the year
**4 Restricted funds**
Balance b/f
£
Big Bike Revival
279
BMDC - Community Health
-
BMDC - Community Building
-
BMDC - MH Wellbeing
-
People's Health Trust
12,711
Global Fund for Children
-
LCF - Community Partnering
147
LCF - Arts & Crafts
148
13,285|Incoming
£
-
12,000
4,000
10,000
8,399
20,000
-
-
54,399|Outgoing
£
279
6,886
4,000
6,201
15,006
6,437
147
148
39,104|2024
£
32
Transfers
£
-
(900)
-
(986)
(1,896)
(550)
-
-
(4,332)|2023
£
-
Balance c/f
£
-
4,214
-
2,813
4,208
13,013
-
-
24,248|
|---|---|---|---|---|
10
Notes to the accounts continued for the year ended 31 March 2024
## African Caribbean Achievement Project
## **4 Restricted funds continued**
## **Fund name**
Big Bike Revival BMDC - Community Health BMDC - Community Building BMDC - MH Wellbeing People's Health Trust
Global Fund for Children
LCF - Community Partnering
LCF - Arts & Crafts
## **Purpose of restriction**
To support a summer cycling scheme.
To provide wellbeing activities.
To contribute towards the running costs of the centre. To support mental health wellbeing.
To support the Active Women Together project. The transfer is for a contribution to room hire recharges.
To provide emergency funding in response to cost of living pressures to enable the charity's services to continue and to contribute towards overhead costs. The transfer is for a contribution to room hire costs.
To Support the STEM 4 All Project – 1-1 tutoring in maths and science and the monthly science club.
To support Therapeutic Arts & Crafts / Wood Workshop.
|**Tangible assets**
**Cost**
At 1 April 2023
Additions
At 31 March 2024
**Depreciation**
At 1 April 2023
Charge for year
At 31 March 2024
**Net book value**
At 31 March 2024
At 31 March 2023
**Debtors and prepayments**
Debtors
Prepayments
Other debtors
**Cash at bank and in hand**
Cash at bank
Cash in hand|£
4,410
-
4,410
1,103
1,103
2,206
2,204
3,307
Computer
Equipment|£
16,914
-
16,914
13,241
1,899
15,140
1,774
3,673
General
equipment|£
250,000
-
250,000
50,000
5,000
55,000
195,000
200,000
2024
£
-
324
9,840
10,164
2024
£
46,446
334
46,780
Building|Total
£
271,324
-
271,324
64,344
8,002
72,346
198,978
206,980
2023
£
399
295
459
1,153
2023
£
28,249
221
28,470|
|---|---|---|---|---|
## **5 Tangible assets**
## **6 Debtors and prepayments**
## **7 Cash at bank and in hand**
11
## African Caribbean Achievement Project
## Notes to the accounts continued
## for the year ended 31 March 2024
|**Creditors and accruals**
Creditors
Accruals
Other creditors|2024
£
-
1,620
3,361
4,981|2023
£
1,881
882
1,123
3,886|
|---|---|---|
## **8 Creditors and accruals**
## **9 Security over assets**
City of Bradford MDC hold a charge on the land and building at 17 Claremont Bradford BD7 1BG. The charge is for £55,000 and is dated 21 November 2012.
## **10 Related party transactions**
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this or the previous year.
## **Remuneration and benefits received by key management personnel**
The total employee benefits received by key management personnel were £8,255 (previous year: £0).
12
## African Caribbean Achievement Project
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2024
|2024
2023
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Grants and donations
25,932
11,011
Room hire
-
75
Consultancy income
790
-
Bank interest
134
50
Other income
448
372
**Total income**
27,304
11,508
**Expenditure**
Salaries and NI and pensions
9,045
4,160
Payroll charges
506
226
Volunteer expenses
526
-
Rates
1,285
1,822
Utilities
186
3,240
Insurance
433
-
Security
480
-
Building maintenance and refurb.
-
107
Cleaning
104
-
Telephone and internet
244
613
Postage, printing and stationery
-
14
Computer costs
627
663
Publications and subscriptions
511
767
Equipment and furniture
-
-
Delivery/ outings and activities
353
719
Travel
-
-
Independent examination
1,272
882
Professional fees
575
5
Tutor fees
35
210
Publicity and promotion
-
100
Depreciation
8,002
8,025
Bank charges
191
150
**Total expenditure**
24,375
21,703
**Net income / (expenditure)**
2,929
(10,195)
**Transfers between funds**
4,332
2,060
**Net movement in funds**
7,261
(8,135)
**Fund balances brought forward**
219,432
227,567
**Fund balances carried forward**
226,693
219,432|2024
Restricted
funds
£
54,389
-
-
-
10
54,399
17,413
-
562
757
4,427
509
446
87
86
1,853
112
782
635
1,083
5,792
1,355
348
-
2,817
-
-
40
39,104
15,295
(4,332)
10,963
13,285
24,248|2023
Restricted
funds
£
28,264
-
-
-
-
28,264
7,693
-
149
591
899
905
780
200
259
733
39
162
707
294
3,608
162
-
780
3,529
50
-
-
21,540
6,724
(2,060)
4,664
8,621
13,285|2024
Total
funds
£
80,321
-
790
134
458
81,703
26,458
506
1,088
2,042
4,613
942
926
87
190
2,097
112
1,409
1,146
1,083
6,145
1,355
1,620
575
2,852
-
8,002
231
63,479
18,224
-
18,224
232,717
250,941|2023
Total
funds
£
39,275
75
-
50
372
39,772
11,853
226
149
2,413
4,139
905
780
307
259
1,346
53
825
1,474
294
4,327
162
882
785
3,739
150
8,025
150
43,243
(3,471)
-
(3,471)
236,188
232,717|
|---|---|---|---|---|
13