Company Registration Number - 04014153
Charity Registration Number - 1081996
African Caribbean Community Initiative (A.C.C.I.)
Accounts
31 March 2022
**African Caribbean Community Initiative (A.C.C.I.)**
## **Report and accounts for the year ended 31 March 2022**
## **Contents**
||**Page**|
|---|---|
|**Chair's Foreword**|1-2|
|**Charity information**|3-4|
|**Trustees' Annual Report**|3-15|
|**Statement of directors' responsibilities**|14-15|
|**Independent Auditors' report**|16-18|
|**_Funds Statements:-_**||
|Statement of Financial Activities|19|
|Statement of Financial Activities - Prior Year statement|20|
|Statement of total recognised gains and losses|21|
|Movements in funds|21|
|Revenue Funds|21|
|Summary of funds|21|
|Income and Expenditure account|22|
|**Balance sheet**|23|
|**Cash flow statement**|24-25|
|**Notes to the accounts**|26-51|
## **African Caribbean Community Initiative (A.C.C.I.) - Chair's Foreword for the year ended 31 March 2022**
2021/22 saw A.C.C.I. dealing with the continued impact of COVID-19 on staff, members and our communities. The organisation showed resilience and the ability to effectively adapt to challenging times reviewing how services were delivered; from outreach, to therapies and supporting our carers group. As the country has become accustomed to a “new normal”, A.C.C.I. delivered a hybrid service of in person and remote support, determined by the needs and wishes of the members and carers.
That said, at the heart of A.C.C.I. is being connected to our members and supporting their well-being in person and this report is bursting with examples of how the staff epitomise our values, such as the extensive events programme which encouraged healthy outdoor activities to promote mental wellness such as; trike or bike riding, football, “Wimbledon” in West Park and weekly trips to the farm, Old Tree Nursery, where members clean and feed the animals and are empowered. As government guidance changed, A.C.C.I. embraced the opportunity to celebrate and empower members with earth-day gatherings in the hub, candle making, pamper days and visits to watch plays in unexpected surroundings such as Wolverhampton Art Gallery.
The year has seen A.C.C.I. continue to support the wider community in which it operates and by default act as a connector between those communities and local government, health and police. A.C.C.I.’s Community Initiatives such as the Health And Wellness Check For Men saw male staff, members and the community take time out for health checks and awareness.
A proven track record for delivering projects such as MiFriendly Cities and reputation for excellence in delivery of mental health services for the marginalised, has seen invitations for A.C.C.I. to partner with national organisations such as Mind, supporting the development of regional hubs modelled on A.C.C.I.. We are proud that the first such hub is operating out of Telford with £43,195 funding to support a lead and part-time therapists. Similarly A.C.C.I. was awarded £164,087 Suicide Prevention fund by the DHSC.
Whilst partnerships such as these demonstrate the high regard in which A.C.C.I. is held, it’s the notes and messages of gratitude from members, their families and other services that really confirm that A.C.C.I. has continued to deliver an invaluable service throughout 2021/22. At a recent meeting, the police described how A.C.C.I.’s outreach team went above and beyond to support a member and their parent, stating in no uncertain terms that this organisation positively does more than other mental health services.
The staff need commending for their dedication and I wish to express my personal thanks to the staff for the continued delivery of excellent service to members, their carers and the community.
I was elected Chair in 2021/22 and I would like to say thank you to the immediate past Chair Maxine White for her excellent leadership and experience which she used to help steer the A.C.C.I. Board over the last few years.
This has been a time for the organisation to continue to build resilience in its leadership structure, by recruitment into the Community Support Manager role and a restructure of the Board along skills and expertise sub groups to support the strategy for sustainable growth.
## **So what next?**
A.C.C.I. will continue to build on its reputation as a centre for excellence for expertise in African and Caribbean mental health, in its delivery of therapies, outreach and crisis support and training for those wishing to enter this field. This will continue to be inclusive of marginalised communities such as refugees and asylum seekers. To build on our regional and national profile, we will work with policy makers (e.g. WMCA) to better shape mental health for the marginalised.
A.C.C.I. will continue to develop partnerships with mental health and local government organisations to ensure sustainable commissioned services as we face the new world of ICBs and ICPs. The aim will be to secure a seat at the table of the ICP.
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## **African Caribbean Community Initiative (A.C.C.I.) - Chair's Foreword for the year ended 31 March 2022**
A.C.C.I. will continue to foster partnerships with private sector organisations where their sponsorship (financial or otherwise) supports our objectives, such as Lloyds Bank and The Grand Theatre amongst others.
Ensure that our Reserves Policy is such that A.C.C.I. continues to grow as we better understand our risks.
This strategic direction and past positive performance is such that we are now a £1m plus charity, is down to the hard work of A.C.C.I.’s staff, leadership, Board of Trustees and the brilliant CEO Alicia Spence.
Thank you all.
Bridget Tatham Chair
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## **African Caribbean Community Initiative (A.C.C.I.)**
Company Registration Number - 04014153
## **Trustees' Annual Report for the year ended 31 March 2022**
The Trustees present their Report and Accounts for the year ended 31 March 2022, which also comprises the Directors' Report required by the Companies Act 2006.
## **Reference and administrative details**
## _**The charity name.**_
The legal name of the charity is:- African Caribbean Community Initiative (A.C.C.I.).
The charity is also known by its operating name, A.C.C.I..
_**The charity's areas of operation and UK charitable registration.**_
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1081996.
The charity does not operate in any overseas jurisdictions.
## _**Legal structure of the charity**_
The charity is constituted as a company limited by guarantee, registered under the Companies Acts . The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.
There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.
By operation of law, all trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.
The trustees are all individuals.
**The principal operating address, telephone number, email and web addresses of the charity are:-**
217 Waterloo Terrace Newhampton Road East, Wolverhampton West Midlands, WV1 4BA Telephone: 01902 571 230 Email Address: support@acci.org.uk Web address: www.acci.org.uk
The registered office of the charity for Companies Act purposes is the same as the operating address shown above.
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## **African Caribbean Community Initiative (A.C.C.I.)**
Company Registration Number - 04014153
## **Trustees' Annual Report for the year ended 31 March 2022**
**The Trustees in office on the date the report was approved were:-** C E Gayle G Coleman M M White D S White I A Bandele M H Cummings S Cummings M R McCalla D McIntosh H Philip J Davis, Vice Chair B A Tatham, Chair S M Lloyd
## **The following persons served as Trustees during the year ended 31 March 2022 :-**
The trustees who served as a trustee in the reporting period, and, if applicable, their dates of appointment or resignation during the year were:-.
_**Name Appointed Resigned/Retired**_ C E Gayle G Coleman M M White D S White I A Bandele M H Cummings S Cummings M R McCalla D McIntosh H Philip J Davis, Vice Chair B A Tatham, Chair S M Lloyd
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## **African Caribbean Community Initiative (A.C.C.I.)**
Company Registration Number - 04014153
## **Trustees' Annual Report for the year ended 31 March 2022**
## **Objects and activities of the charity**
## _**The purposes of the charity as set out in its governing document.**_
The objects for which the Charity was established are:
• To promote any charitable purpose for the benefit of the public, but without prejudice to the generality of the foregoing, especially persons of African and Caribbean origin, living or working in or around the borough of Wolverhampton and its environs, and in particular but not exclusively those persons who are suffering from, or who have suffered from mental illness of any sort.
• To advance the education of such persons, their relatives and carers, persons working in the fields of mental health and the general public by the provision of advice, counselling and training.
Another year on and A.C.C.I. continues to meet and exceed its goals to meet the needs of as many of its existing members and new referrals to the service. We have excelled in areas of sustained engagement with those who use the service on a daily basis and occasional or specific event attendees.
The tangible, hard work, dedication and commitment of our staff can be seen by the results in the numbers of members who have remained well, engaged and involved. We have been able to bring early and timely interventions for a number of members who have severe and enduring mental health, to reduce the need for them to be detained for lengthy periods of treatment or being placed outside of the borough with restrictions to their family being able to connect and comfort them. The outreach team has worked diligently to ensure that members they support are achieving levels of independence that continues to improve and are maintaining their daily living skills and life styles.
We have continued to develop the quality of activities, which has seen an increase in interactive and group sessions, the number and range of activities on offer has also increased in consultation with the members. An integral part of the activities is combined with healthy options with each member choosing their own personal goals and celebrating their achievements.
We have been fortunate to acquire, on an annual basis, free accommodation for short-breaks through the Landmark Trust - ‘Fifty for Free’ charity. We supported carers and members to Bath for five days.
Some of the changes we had to put in place during Covid of adapting and increasing service delivery to maintain the mental health and wellbeing of our members, their families and carers’ including BAME and non BAME communities, have remained in place. This is because on evaluation by both staff and members found that they continue to work well and in some cases improve the functioning of the organisation.
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## **African Caribbean Community Initiative (A.C.C.I.)**
Company Registration Number - 04014153
## **Trustees' Annual Report for the year ended 31 March 2022**
## Our main focus has been:
• The safe space enjoyed by members in the Health and Wellbeing Hub continues to see a growth in the numbers attending to socialise and reduce isolation, receives a freshly made hot meal, engage in many of the activities offered and attend arranged appointments e.g. housing, benefits and reviews for support etc.
• The food delivery service has worked well to ensure that members are receiving a hot meal that is part of a balanced diet. This has also provided the opportunity to sustain engagement, contact and safe and well checks with members. Some of the early mental health interventions have occurred because of this service.
- Ensure that families and recipients of benefits or identified as low income households, seeking help with furniture items and appliances, are supported to get the items through the MiFriendly Cities project.
• The organisation was invited to facilitate the government’s Household Support scheme that provided support to low income homes and those on benefits to receive food and clothing vouchers, help with utilities both gas and electric supplies and in conjunction with MiFriendly Cities and a number of other agencies provide appliances and household furniture.
- We are still maintaining safe social distancing and continue to visit members who are more in need of a oneto-one approach at their doorstep.
• The number of activities delivered via virtual contact has decreased because members are rising to the challenge of hosting self-help group sessions in the Wellbeing Hub, where social distancing and protective masks are worn.
The organisation remains a vital source of support to the members, carers and families of those with live with mental ill-health. We are also conscious that without the commitment and dedication of our staff members and volunteers we would not be able to deliver the high quality of services that we do right now.
Due to receiving funding from partners and a number of charities, we have continued to access PPE equipment to minimise risks whilst delivering the service in an empathetic and sensitive way.
- Tudor Trust Foundation
- Big Lottery: Connecting People, Lives and Communities – Health and Wellbeing Hub support
- Charities Aid Foundation (CAF): Coronavirus Emergency Fund
- Catalyst 4 Change (C4C): Support Connect - Telephone Support Lines
- Clothworker’s Foundation: Emergency Covid-19 Fund
- Lloyds Foundation: Covid-19 Grant & IT equipment
- Mind: Network Investment
- National Lottery: Awards for All - Coronavirus Community Support Fund
- National Lottery: Reaching Communities & Partnerships Fund
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## **African Caribbean Community Initiative (A.C.C.I.)**
Company Registration Number - 04014153
## **Trustees' Annual Report for the year ended 31 March 2022**
## _**The main activities undertaken in relation to those purposes during the year.**_
• Providing holistic services that advise and supports the users of the service to maintain their tenancies, care for themselves and their lived-in spaces and seek appropriate assistance when needed.
• Providing volunteering opportunities to the local community as well as manageable and rewarding tasks for users of the service.
• Continue to seek and take opportunities to raise funds to promote the organisation's profile and raise awareness of the service delivery and beneficial activities provided to the users of the service.
• Working in partnership to influence and improve mainstream service provision to African and African Caribbean people and Wolverhampton's diverse communities.
## _**The main activities undertaken during the year to further the charity's purpose for the public benefit.**_
In addition, during the past year A.C.C.I. due to the Covid-19 pandemic, government policy and locally introduced restrictions was still not able to carry out or facilitate some of the planned activities as normal, such as:
• We were unable to host the annual Carer’s Day of Celebration in June because of the Covid restrictions. However, an afternoon tea party was organised in September at which a total of 80 carers, family, friends and members attended and proved to be a successful event.
• We continued to make daily telephone contact calls to members where appropriate.
• Members attended the cycling which is supervised as a safely distanced event that supports stable mental wellbeing for many members who might otherwise have been isolated for prolonged periods.
• Access to the Therapeutic Counselling Service is still provided for members in crisis due to isolation, fear of the pandemic situation, bereavement/grief/loss and to engage in talking, listening and offer some human contact.
In line with the easing of restrictions and ‘Rule of 6’ government guidelines, we were able to restart and plan for group activities and events, most of which were being accessed on-line.
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## **African Caribbean Community Initiative (A.C.C.I.)**
Company Registration Number - 04014153
## **Trustees' Annual Report for the year ended 31 March 2022**
## _**The short term and longer term aims and objectives.**_
## A.C.C.I.'s objectives are to provide:
• A complimentary and culturally appropriate service to meet the needs of the African Caribbean community; and
- Influence local, regional and national mental health policy development and service delivery.
A.C.C.I.'s trustees have prepared and approved this report and the public benefit statement below with due regard to the Charity Commission's general guidance, 'Charities and Public Benefit'.
## _**The charity's strategies for achieving its aims and objectives in the future.**_
Many of A.C.C.I.'s service users present with conditions often complicated by drug and alcohol addiction, making them among some of the most excluded, isolated and marginalised members of our local community.
In line with A.C.C.I.'s charitable objectives, the organisation provides public benefit via a range of support and services designed to improve the mental health and wellbeing of African Caribbean's suffering or recovering from mental ill health. This is achieved by developing and delivering specialist services to reduce the number of new and repeat hospital admissions among our service users, supporting them to find appropriate accommodation and secure or retain tenancies, improving their life skills and money management, advising on a range of issues including medication, addiction and diet management. These services form the golden thread of A.C.C.I.'s holistic approach to delivering our charitable objectives and helping our service users remain well for longer.
Although the organisation focuses on providing culturally appropriate services to African Caribbean people and their families, the organisation is continually looking at ways to develop methods to manage the efforts to work with the many displaced people coming from outside of the UK seeking assistance for asylum seekers, against human rights violations and refugees who have and may develop mental ill-health. Additional beneficiaries of our services include other ethnic groups and communities, a range of private, public and voluntary sector bodies who work in partnership with A.C.C.I. to promote positive mental health and wellbeing within the local community, raise awareness of support available and de-stigmatise mental illhealth. We also provide a range of training opportunities, advocacy services to influence mainstream practice and policy development among health and social care professionals.
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## **African Caribbean Community Initiative (A.C.C.I.)**
Company Registration Number - 04014153
## **Trustees' Annual Report for the year ended 31 March 2022**
## **The main achievements and performance of the charity during the year.**
## _**The difference the charity's performance during the year has made to the beneficiaries of the charity and the benefit of the charity's achievements to wider society.**_
Significant achievements and performance we managed to attain during the year included:
• This year we have received 195 new referrals to our service, which included 55 referrals to our housing advice and welfare rights support service.
• Court services are still suspended, therefore action that would have been taken is still on hold. Similarly, all benefits that would have been reviewed e.g. DLA, PIP, Income Support, ESA and SDP and, new claims are also in stasis. People who are homeless are still being provided with shelter and support.
• The outreach support team observing strict PPE and social distancing regimes attended 2,600 appointments, the number of visits and time allocated to high need client’s homes is still reduced to continue minimising risk. Telephone calls and virtual communications that replaced many face-to-face sessions still continue.
• Since the commencement of the lockdown and throughout the pandemic the organisation’s hot meals delivery service, providing a freshly cooked, nutritious, hot meal to members, carers and families continues and is a popular and necessary feature.
• The Holistic Therapy and Counselling Team service reduced face-to-face sessions and carried out consults by telephone, during the period 96 new referrals were received. Where needed, safe distanced door-step visits were made to those who are most vulnerable to extreme low moods and expressed issues due to Covid isolation and fear of leaving their homes. Holistic hands-on therapies e.g.: Reiki, head massage, auricular acupuncture etc., were not available during this period.
Health and wellbeing activities co-ordinated during this period were limited to those that could be safely, socially distanced i.e.
- Cycling,
- Walking,
- Fitness session held outdoors, weather permitting, with PPE if tolerable,
- The introduction of Bubbles in the Health and Wellbeing Hub lead to members being divided into groups with scheduled visit times in restricted numbers, which worked really well.
Other activities that were migrated to virtual sessions using Zoom:
- Practical crafts, sewing, baking/cooking, faith session,
- Service user-led sessions in hearing voices, women’s group, writing, poetry and musical, IT learning.
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## **African Caribbean Community Initiative (A.C.C.I.)**
Company Registration Number - 04014153
## **Trustees' Annual Report for the year ended 31 March 2022**
Staff undertook the following training:
- Safeguarding Children, Vulnerable Adults & The Prevent Agenda
- CQC – The Road to Outstanding
- Guide to Form Filling PIP 2/ESA50/UC50
- Introduction to Benefits
- Benefit Disputes and Appeals
- Personal Independence Payment
- Drug & Alcohol Awareness Session
- The DWP Social Fund and Local Welfare Assistance
- Universal Credit: The Claimant Commitment
- Benefits and Older People
- Mental Health Aware
- Level 2 Medication Awareness
- Introduction to Universal Credit
- Work Capability Assessment: Universal Credit
• We supported 5 social work placements from Birmingham City University and Staffordshire University. For each student we have again issued a PPE kit. However, the number of face-to-face meetings are still reduced. The designated days where tasks were set for the students to work from home 2 days per week and attend the placement site 3 days per week worked well, as they were able to fulfil their study needs and remain safe.
## **Structure, governance and management of the charity**
## _**The methods used to recruit and appoint new charity trustees.**_
Given the specialist nature of the organisation, trustees are recruited using a range of approaches, specifically targeting individuals and organisations with the appropriate mix of expertise, knowledge and skills to undertake the business of the organisation. Adverts for trustee vacancies are circulated via relevant clinical, social care and third sector publications and networks in line with A.C.C.I.'s marketing strategy and equal opportunity policy.
In line with our Memorandum and Articles of Association, expressions of interest in management committee vacancies are invited, nominated and elected at our Annual General Meeting. Places are reserved on the management committee for service users and carers. The organisation also has a range of alternative mechanisms to promote and encourage service user engagement, input, consultation and feedback. We have made provisions for the co-option of members in order to meet identified needs or gaps on a short term basis throughout the year.
## _**The policies and procedures for the induction and training of trustees.**_
A.C.C.I.'s management committee induction pack includes information about meeting dates, roles, responsibilities and useful contacts and is issued to all new trustees with their letter of appointment. A joint staff and Board member away day is also organised annually after our AGM and presents an ideal opportunity for new Board members to meet the staff team, existing trustees and gain a helpful insight into A.C.C.I.'s day to day activity.
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## **African Caribbean Community Initiative (A.C.C.I.)**
Company Registration Number - 04014153
## **Trustees' Annual Report for the year ended 31 March 2022**
## _**The charity's organisational structure.**_
A.C.C.I. is managed by a management committee. Management committee members are also members of our Board of Trustees. A.C.C.I. is managed by a 13 member Board of Trustees. Our organisation employs a Director of Services who oversees the work of the organisation, supported by a Deputy Services Manager. There are 39 members of staff with a mixture of full time and part time employees. The organisation also registered 48 volunteers.
Service users and carers are an integral part of A.C.C.I.'s decision making process, which ensures that our services are user focussed. A.C.C.I. also works in partnership with a range of public, private and voluntary sector organisations locally, regionally and nationally to influence specialist and mainstream service delivery to service users, carers and members.
Bankers National Westminster Bank PLC, Queens Square Branch, Queens Square, Wolverhampton, WV1 1TL
## **Financial review**
## _**The charity's financial position at the end of the year ended 31 March 2022**_
The financial position of the charity at 31 March 2022 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
|Restricted Revenue Funds
**Total Funds**
**Net income**
Unrestricted Revenue Funds available for the
general purposes of the charity|**2022**
**£**
238,871
197,075
408,589
605,664|**2021**
**£**
147,870
94,940
271,853
366,793|
|---|---|---|
## _**Financial review of the position at the reporting date, 31 March 2022.**_
|Unrestricted Income
Restricted Income
**Total Income**|**2022**
**£**
780,872
641,272
1,422,144|**2021**
**£**
590,349
622,623
1,212,972|
|---|---|---|
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## **African Caribbean Community Initiative (A.C.C.I.)**
Company Registration Number - 04014153
## **Trustees' Annual Report for the year ended 31 March 2022**
The total funds on the balance sheet are £605,664 which is an increase from previous years of 65%. While this increase is welcomed, we are keen to focus on a funding and income strategy that can deliver against our reserves policy as outlined below. Additionally the balance sheet reflects funding received late in the financial year to fund activity that is ongoing and committed for future years.
The charity has continued to exercise prudent management of expenditure during the year.
The charity will continue to focus on sustainable income generation and funding in the coming years to ensure its medium/long term viability.
## _**Policies on reserves.**_
The Management Committee have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (the free reserves) held by the charity should be between three and six months of the resources expended, which equates to between £295,818 to £591,636 in general funds. At this level the Management Committee feel that they would be able to continue the current activities of the charity in the event of a significant drop in funding. It would obviously be necessary to consider how the funding would be replaced or activities changed. At present the free reserves which equate to £197,075 of unrestricted funds which is 14% of the combined revenue or the equivalent of 7 weeks of total funding, the Board are therefore targeting some renewed energy and resource to secure adequate levels of funding especially in the prevailing and sustained challenging economic climate. The Board have engaged in proactive fundraising in order to assist in bridging the gap and have also made progress in the areas of Business Development.
## _**Availability and adequacy of assets of each of the funds**_
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
## _**The major risks to which the Charity is exposed and reviews and systems to mitigate them.**_
A.C.C.I.'s trustees take responsibility for reviewing major risks to which the charity may be exposed and the systems established to identify and monitor all identified risks. During the year, the board finalised implementation of a new risk management policy and procedure.
Financial and service delivery risks are managed by an enhanced suite of procedures for authorisation of all transactions and projects. This ensures consistent quality across delivery for all operational aspects of the organisation. The procedures are reviewed regularly to ensure that they continue to meet the needs of the charity, our funders, commissioners and relevant regulating bodies.
Key priorities for the trustees moving forward into 2022/23 will be to:
• Secure contracts to deliver essential elements of A.C.C.I.'s existing service provision subject to competitive tenders,
• To continue building the internal infrastructure to enable the organisation to develop skills and expertise, thereby achieving sustainability.
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## **African Caribbean Community Initiative (A.C.C.I.)**
Company Registration Number - 04014153
## **Trustees' Annual Report for the year ended 31 March 2022**
## _**Plans For the Future**_
## **Summary of plans for the future and the trustees' perspective of the future direction of the charity.**
The Trustees are mindful of the current and ongoing pressures on resources that is impacting all sectors. We are still waiting to understand the full effect of Brexit and its possible effects on charities and funding of commissioned service providers.
In the Trustees endeavour to secure the sustainability of A.C.C.I., new initiatives have been introduced to strengthen as well as diversify income generation opportunities for the organisation:
• Telford & Wrekin Council have invited the organisation to tender for a pilot project - Improving access to mental health services for black adults in the Telford and Wrekin area.
- The organisation has embarked on the first strands of an infrastructure plan that will focus on the future of the organisation.
• Both Birmingham City and Staffordshire universities have asked for additional, commissioned social work placements for their Master’s degree students.
Specific activities planned for 2022/2023:
## **Ongoing initiatives:**
We were not able to progress work on initiatives highlighted in our last report, where we are seeking to secure ongoing funding and development to sustain specific areas of the organisation’s service delivery. This has to be deferred until we are able to understand the effect of the pandemic on supporting stakeholders, partners and charitable funders and importantly, the impact on the economic state of the country and repercussions on local spending.
We are continuing to seek:
- Secure ongoing funding for the Folami Counselling and Holistic Therapeutic Service.
- Secure funding to sustain the role of the Health and Wellbeing Activities Co-ordinator.
- Secure a Crisis, Recovery and Respite Service to support vulnerable adults in need of crisis care.
- Continue preparing to secure and retain the tender contract for Omari Supported Housing Scheme.
- Diversify and increase income by tendering for ethical and appropriate opportunities that will meet the needs of diverse communities in Wolverhampton.
- Strengthen collaborations and partnerships with current funders i.e. City of Wolverhampton Council.
- Continue to explore opportunities to develop future partnerships with NHS in mental health services.
- Have full acquisition of the 8 flats based at Waterloo Road currently used by the organisation to house members who have moved on to independent living with day-time support, alongside the floating support service.
## A number of new initiatives were deferred:
- Work towards the ongoing partnership arrangement with Nehemiah Housing to provide joint housing management services for the Omari Housing CIC.
- Pursue the invited opportunity with the NHS to look at future mental health service commissioning to deliver appropriate services for BAME communities with the reformed Black Country Healthcare NHS Foundation Trust (BCHFT).
## **Funds held as custodian trustees on behalf of others**
The charity receives funds from Omari in respect of the state benefits for individuals which it holds on their behalf and distributes to them. The net movement during the year was an decrease in balances held of £14,991. A balance of £9,235 was held at the year end.
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## **African Caribbean Community Initiative (A.C.C.I.)**
Company Registration Number - 04014153
## **Trustees' Annual Report for the year ended 31 March 2022**
## **Details of The Auditor**
Stephen Lewis
Fellow of the Institute of Chartered Accountants in England and Wales
LMH Accountants Ltd T/A Trevor Jones & Co
Old Bank Chambers 582-586 Kingsbury Road Erdington, Birmingham B24 9ND
## **Statement as to disclosure of information to auditors**
The trustees state that so far as each of the trustees at the time this report was approved are aware:-
- a) There is no relevant audit information (as defined by section 418(3) of the Companies Act 2006) of which the auditors are unaware, and
- b) The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and establish that the auditors are aware of that information.
## **Statement of the Directors Trustees' Responsibilities**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).
In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
- prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP 2019 (FRS102);
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material
- departures disclosed and explained in the financial statements;
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## **African Caribbean Community Initiative (A.C.C.I.)**
Company Registration Number - 04014153
## **Trustees' Annual Report for the year ended 31 March 2022**
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. 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.
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the auditor in relation to the Trustees' report is limited to examining the report and ensuring that , the report is consistent with the figures disclosed in the financial statements.
## **Method of preparation of accounts - Small company provisions**
The financial statements are set out on pages 19 to 51.
The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016).
These financial statements 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.
This report was approved by the board of trustees on ….....................................................
Bridget Tatham Director and Trustee
15
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Independent Auditor's Report to the Trustees of African Caribbean Community Initiative (A.C.C.I.)**
## **Opinion**
We have audited the financial statements of African Caribbean Community Initiative (ACCI) (the ‘charity’) for the year ended 31 March 2022 which comprise the statement of financial activities, the balance sheet and notes to the financial statements, including 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:
• give a true and fair view of the state of the charitable company's affairs as at 31 March 2022 and of its incoming resources and application of resources, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **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 Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and the provisions available for small entities. 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 charity’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 auditor's 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.
16
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Independent Auditor's Report to the Trustees of African Caribbean Community Initiative (A.C.C.I.)**
## **Opinions on other matters prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of our audit:
• the information given in the trustees report for the financial year for which the financial statements are prepared, which includes the directors' report prepared for the purposes of company law, is consistent with the financial statements; and
• the directors' report included within the trustees report has been prepared in accordance with applicable legal requirements.
## **Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
• the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the trustees report and from the requirement to prepare a strategic report.
## **Responsibilities of trustees**
As explained more fully in the statement of trustees responsibilities, the trustees, who are also the directors of the charity for the purpose 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 charity’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.
## **Auditor's 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 auditor's 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.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
17
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Independent Auditor's Report to the Trustees of African Caribbean Community Initiative (A.C.C.I.)**
## **Use of our report**
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
Dated…....................................................
## **Stephen Lewis (Senior Statutory Auditor)**
## **for and on behalf of LMH Accountants Ltd T/A Trevor Jones & Co**
Chartered Accountants Statutory Auditor
Old Bank Chambers 582-586 Kingsbury Road Erdington Birmingham B24 9ND
LMH Accountants Ltd T/A Trevor Jones & Co is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.
18
## **African Caribbean Community Initiative (A.C.C.I.) - Statement of Financial Activities for the year ended 31 March 2022**
## _**Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 March 2022, as required by the Companies Act 2006)**_
|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
**Income & Endowments from:**
Donations & Legacies
A1
40,749
Charitable activities
A2
740,104
Investments
A4
19
**Total income**
**A**
**780,872**
**Expenditure on:**
Charitable activities
B2
677,578
Other
B3
1,159
**Total expenditure**
**B**
**678,737**
**Net income for the year**
**102,135**
**Net income after transfers**
**A-B-C**
**102,135**
**102,135**
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
94,940
**Total funds carried forward**
**197,075**
**SORP**
**Ref**
**Net movement in funds**|**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
641,272
-
**641,272**
504,536
-
**504,536**
**136,736**
**136,736**
**136,736**
271,853
**408,589**|**Current year**
**Total Funds**
**2022**
**£**
**40,749**
**1,381,376**
**19**
**1,422,144**
**1,182,114**
**1,159**
**1,183,273**
**238,871**
**238,871**
**238,871**
**366,793**
**605,664**|**Prior Year**
**Total Funds**
**2021**
**£**
5,069
1,207,841
62
**1,212,972**
1,065,102
-
**1,065,102**
**147,870**
**147,870**
**147,870**
218,923
**366,793**|
|---|---|---|---|
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A Statement of Total Recognised Gains and Losses is included as a primary statement in these accounts.
All activities derive from continuing operations
**The notes attached on pages 26 to 51 form an integral part of these accounts.**
19
## **African Caribbean Community Initiative (A.C.C.I.) - Statement of Financial Activities for the year ended 31 March 2022**
## **African Caribbean Community Initiative (A.C.C.I.) - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP**
|**Income & Endowments from:**
Donations & Legacies
A1
Charitable activities
A2
Other trading activities
A3
Investments
A4
**Total income**
**A**
**Expenditure on:**
Charitable activities
B2
**Total expenditure**
**B**
**Net income for the year**
**Net income after transfers**
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
**Total funds carried forward**
**SORP**
**Ref**
**Net movement in funds**|**Prior Year**
**Unrestricted**
**Funds**
**2021**
**£**
5,069
585,218
-
62
590,349
526,652
**526,652**
63,697
63,697
**63,697**
31,243
**94,940**
|**Prior Year**
**Restricted**
**Funds**
**2021**
**£**
-
622,623
-
-
622,623
538,450
**538,450**
84,173
84,173
**84,173**
187,680
**271,853**|**Prior Year**
**Total Funds**
**2021**
**£**
**5,069**
**1,207,841**
**-**
**62**
**1,212,972**
**1,065,102**
**1,065,102**
147,870
147,870
**147,870**
**218,923**
**366,793**|
|---|---|---|---|
## **All activities derive from continuing operations**
A Statement of Total Recognised Gains and Losses is included in these accounts as a separate primary statement
## **The notes attached on pages 26 to 51 form an integral part of these accounts.**
20
## **African Caribbean Community Initiative (A.C.C.I.) - Statement of Financial Activities for the year ended 31 March 2022**
## **Statement of Total Recognised Gains and Losses for the year ended 31 March 2022**
**----- Start of picture text -----**
2022 2021
£ £
Surplus for the year :-
Net excess of income over expenditure from operations before tax 240,030 147,870
-
Realised gains/(losses) on the disposal of tangible fixed assets (1,159)
- -
Realised gains on disposals of social investments which are programme related
Income from operations before tax in the Statement of Financial Activites 238,871 147,870
Net Movement in funds before taxation 238,871 147,870
Funds generated in the year as shown on Statement of Financial Activities 238,871 147,870
The notes attached on pages 26 to 51 form an integral part of these accounts.
Movements in revenue and capital funds for the year ended 31 March 2022
**----- End of picture text -----**
## **Revenue accumulated funds**
|Accumulated funds brought forward
**Closing revenue funds**
**Summary of funds**
Revenue accumulated funds
Recognised gains and losses before
transfers|**Unrestricted**
**Funds**
**2022**
**£**
94,940
102,135
**197,075**
**197,075**
**Unrestricted**
**Funds**
**2022**
**£**
197,075|**Restricted**
**Funds**
**2022**
**£**
271,853
136,736
**408,589**
**408,589**
**Restricted**
**Funds**
**2022**
**£**
408,589|**Total**
**Funds**
**2022**
**£**
366,793
238,871
**605,664**
**605,664**
**Total**
**Funds**
**2022**
**£**
**605,664**|**Last year**
**Total Funds**
**2021**
**£**
218,923
147,870
**366,793**
**366,793**
**Last Year**
**Total Funds**
**2021**
**£**
366,793|
|---|---|---|---|---|
## **The notes attached on pages 26 to 51 form an integral part of these accounts.**
21
## **African Caribbean Community Initiative (A.C.C.I.) - Statement of Financial Activities for the year ended 31 March 2022**
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Income and Expenditure Account for the year ended 31 March 2022 as required by the Companies Act 2006**
|**_Income_**
Income from operations
Interest receivable
**Gross income in the year before exceptional items**
**Gross income in the year including exceptional items**
**_Expenditure_**
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Governance costs
Interest payable
Realised losses on disposals of tangible fixed assets held for the charity’s own use
**Total expenditure in the year**
Tax on surplus on ordinary activities
**Retained surplus for the financial year**
**Net income after tax in the financial year**
**Net income before tax in the financial year**
Investment income and interest|**2022**
**£**
1,422,125
19
**1,422,144**
**1,422,144**
1,161,535
10,064
10,294
221
1,159
**1,183,273**
**238,871**
-
**238,871**
**238,871**|**2021**
**£**
1,212,910
62
**1,212,972**
**1,212,972**
1,044,501
10,674
9,927
-
-
**1,065,102**
**147,870**
-
**147,870**
**147,870**|
|---|---|---|
All activities derive from continuing operations
In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.
## **The notes attached on pages 26 to 51 form an integral part of these accounts.**
22
## **African Caribbean Community Initiative (A.C.C.I.) - Balance Sheet as at 31 March 2022**
|Note
**SORP**
**Ref**
**2022**
**£**
**£**
**Fixed assets**
A
Tangible assets
12
A2
30,268
**Current assets**
B
Debtors
13
B2
126,073
Cash at bank and in hand
B4
528,183
**Total current assets**
654,256
**Creditors: amounts falling due within**
**one year**
14
C1
(78,860)
**Net current assets**
575,396
**The total net assets of the charity**
**605,664**|**2021**
**£**
**£**
32,075
125,071
261,930
387,001
(52,283)
334,718
**366,793**|
|---|---|
## **The total net assets of the charity are funded by the funds of the charity, as follows:-**
|**Restricted funds**
Restricted Revenue Funds
18
D2
408,589
**Unrestricted Funds**
Unrestricted Revenue Funds
18
D3
197,075
**Designated Funds**
**Total charity funds**|271,853
408,589
94,940
197,075
**605,664**|271,853
94,940
**366,793**|
|---|---|---|
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA.
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.
The 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 requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The charity is subject to audit under charity legislation, and the report of the Charities Act auditor is on page 18.
The financial statements 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.
Bridget Tatham Trustee Approved by the board of trustees on …....................................................
23
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Cash Flow Statement for the year ended 31 March 2022**
|**Cash flows from operating activities**
**A**
**_Cash flows from investing activities_**
Interest received
Purchase of property, plant and equipment
**Net cash provided by investing activities**
**B**
**_Cash flows from financing activities_**
Net cash provided by operating activities as shown below|**2022**
**£**
275,650
19
(9,416)
**(9,397)**|**2021**
**£**
119,930
62
(22,118)
**(22,056)**|
|---|---|---|
||||
|**Net cash provided by financing activities**
**C**
**Overall cash provided by all activities**
**Cash movements**
Change in cash and cash equivalents from activities
in the year ended 31 March
Cash and cash equivalents at 1 April
**A+B+C**
**Cash at bank and in hand less overdrafts at 31 March**|**-**
**266,253**
266,253
261,930
**528,183**|**-**
**97,874**
97,874
164,056
**261,930**|
24
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Cash Flow Statement for the year ended 31 March 2022**
## **Reconciliation of net income to net cash flow from operating activities**
|Net income as shown in the Statement of Financial Activities
**_Adjustments for :-_**
Depreciation charges
Dividends, interest and rents from investments
Loss on the sale of Fixed and Intangible Assets
Increase in debtors
Increase/(Decrease) in creditors, excluding loans
**Net cash provided by operating activities**
**A**
**Analysis of cash and cash equivalents**
Cash in hand at 31 March
**Total cash and cash equivalents**
**_At start_**
**_of year_**
**£**
Cash
261,930
**Total**
261,930
**Analysis of change in net debt**|**2022**
**£**
238,871
10,064
(19)
1,159
(1,002)
26,577
**275,650**
**2022**
**£**
528,183
**528,183**
**_Cash_**
**_Movement_**
**£**
266,253
266,253|**2021**
**£**
147,870
10,674
(62)
-
(58,712)
20,160
**119,930**
**2021**
**£**
261,930
**261,930**
**_At end_**
**_of year_**
**£**
528,183
528,183|
|---|---|---|
25
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Notes to the Accounts for the year ended 31 March 2022**
## **1 Accounting policies**
## _**Policies relating to the production of the accounts.**_
## **Basis of preparation and accounting convention**
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Risks and future assumptions**
African Caribbean Community Initiative (A.C.C.I.) meets the definiton of a public benefit entity under FRS 102.
## _**Policies relating to categories of income and income recognition.**_
## **Nature of income**
Gross income represents contractual payments received to fund charitable activities, the value of goods and services sold in accordance with the charity's objects, and gifts and donations.
## **Categories of Income**
Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.
**Income from exchange transactions** is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.
**Income from a non-exchange transaction** is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.
26
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Notes to the Accounts for the year ended 31 March 2022**
## **Income recognition**
Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.
Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
The accounts are presented in sterling which is the functional currency of the charity and rounded to the nearest £.
## **Accounting for deferred income and income received in advance**
Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.
Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.
When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.
Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.
Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.
## **Income from legacies**
Income from legacies is recognised when the charity has sufficient evidence that a gift has been left to them, that where required, probate has been granted, the executor is satisfied that the property in question will not be required to satisfy claims in the estate, that it is probable that the amount will be received by the charity, and the amount to be received can be estimated with sufficient accuracy, and that any conditions attached to the legacy are either within the control of the charity or have been met.
27
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Notes to the Accounts for the year ended 31 March 2022**
## _**Policies relating to expenditure on goods and services provided to the charity.**_
## **Recognition of liabilities and expenditure**
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated.
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
## _**Policies relating to assets, liabilities and provisions and other matters.**_
## _**Tangible fixed assets**_
Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.
Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.
Plant and machinery
25 % reducing balance
## **Accounting for capital grants and fixed asset funds.**
Gifts of tangible fixed assets or grants of a capital nature, given for the purposes of acquiring specific assets to be fully utilised in the furtherance of the objects of the charity, are credited to fixed asset funds after the donated asset has been received or sums have been properly expended on the restricted purpose.
## **Debtors**
Debtors are measured at their recoverable amounts at the balance sheet date.
## **Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Cash and bank balances**
Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.
## **Pensions - defined contribution schemes**
The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
28
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Notes to the Accounts for the year ended 31 March 2022**
## _**Fund Accounting**_
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
There are no designated funds included in the accounts.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.
There are no endowment funds.
## **2 Liability to taxation**
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
## **3 Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
## **4 Significance of financial instruments to the charity's position**
There are no significant implications of financial instruments to the charity's position.
## **5 Net surplus before tax in the financial year**
|The net surplus before tax in the financial year is stated after charging:-
Depreciation of owned fixed assets
Pension costs
Auditors' remuneration
**6**
**Interest payable**
HMRC interest
Bank interest payable|**2022**
**£**
10,064
20,155
3,600
**2022**
**£**
19
202
221|**2021**
**£**
10,674
16,962
3,600
**2021**
**£**
-
-
-|
|---|---|---|
29
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Notes to the Accounts for the year ended 31 March 2022**
## **7 The contribution of volunteers**
The charity depends on the support of its volunteers, which is much appreciated. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements.
## **8 Staff costs and emoluments**
|**_Salary costs_**
Gross Salaries excluding trustees and key management personnel
Employer's National Insurance for all staff
Employer's operating costs of defined
contribution pension schemes
**Total salaries, wages and related costs**
The average number of full time staff employed in the year was
The estimated full time equivalent number of all staff employed in the year was|**2022**
**£**
787,066
58,827
20,155
**866,048**
39
39|**2021**
**£**
738,005
52,557
16,962
**807,524**
36
36|
|---|---|---|
## _**The estimated equivalent number of full time staff deployed in different activities in the year was:-**_
|Engaged on charitable activities
Engaged on management and administration
**_The estimated full time equivalent number of all staff employed as above_**|36
3
39|33
3
36|
|---|---|---|
Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year.
No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.
## **9 Defined contribution pension schemes**
The charity operates a defined contribution pension scheme. The costs are charged in the statement of financial activities as they accrue. The charge for the year was £20,155 (2021: £16,962).
Any liabilites and assets associated with the scheme are shown under debtors and creditors.
## **10 Remuneration and payments to Trustees and persons connected with them**
No trustees or persons connected with them received any remuneration from the charity, or any related entity.
30
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Notes to the Accounts for the year ended 31 March 2022**
## **11 Deferred income - Restricted funds**
|**_Current Year_**
Telford & Wrekin Council Health Inequalities Fund
**Total**
**These deferrals are included in creditors**
**_Prior Year_**
**These deferrals are included in creditors**|**Opening**
**Deferrals**
**£**
-
-|**Released**
**from prior**
**years**
**£**
-
-|**Received**
**less released**
**in year**
**£**
-
-
**2022**
**£**
27,950
**2021**
**£**
-|**Deferred**
**at year end**
**£**
27,950
27,950
**2021**
**£**
-
**2020**
**£**
-|
|---|---|---|---|---|
The deferrals included in creditors relate to funding specified by the funders as relating to specific periods and represent those parts of restricted funds which relate to periods subsequent to the accounting year end and are treated as grants in advance or, alternatively, where there are conditions which must be fulfilled prior to entitlement or use of the restricted funds by the charity.
31
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Notes to the Accounts for the year ended 31 March 2022**
## **12 Tangible fixed assets**
|**_Current Year_**
**Cost**
1 April 2021
Additions
Disposals
**31 March 2022**
**Depreciation**
1 April 2021
Charge for the year
On disposals
**31 March 2022**
**Net book value**
**At 31 March 2022**
**At 31 March 2021**
**_Prior Year_**
**Cost**
31 March 2020
Additions
**31 March 2021**
**Depreciation**
31 March 2020
Charge for the year
**31 March 2021**
**Net book value**
**At 31 March 2021**
**At 31 March 2020**|**Land and**
**Buildings**
**£**
-
-
-
**-**
-
-
-
**-**
**-**
**-**
**Land and**
**Buildings**
**£**
-
-
**-**
-
-
**-**
**-**
**-**|**Plant &**
**Machinery**
**£**
129,254
9,416
(1,608)
**137,062**
97,179
10,064
(449)
**106,794**
**30,268**
**32,075**
**Plant &**
**Machinery**
**£**
107,136
22,118
**129,254**
86,505
10,674
**97,179**
**32,075**
**20,631**|**Motor**
**Vehicles**
**£**
-
-
-
**-**
-
-
-
**-**
**-**
**-**
**Motor**
**Vehicles**
**£**
-
-
**-**
-
-
**-**
**-**
**-**|**Total**
**£**
129,254
9,416
(1,608)
**137,062**
97,179
10,064
(449)
**106,794**
**30,268**
**32,075**
**Total**
**£**
107,136
22,118
**129,254**
86,505
10,674
**97,179**
**32,075**
**20,631**|
|---|---|---|---|---|
An element of the fixed assets were acquired with the aid of grants and there are restrictions upon the manner in which the assets can be dealt with imposed by the grant making authorities.
All assets are used for direct charitable purposes.
32
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Notes to the Accounts for the year ended 31 March 2022**
|**13 Debtors**
Trade debtors
Prepayments and accrued income
**14 Creditors: amounts falling due within one year**
Trade creditors
Accruals
Deferred Income - Restricted funds
PAYE, NIC VAT and other taxes
Other creditors
**15 Income and Expenditure account summary**
**At 1 April 2021**
Surplus after tax for the year
**At 31 March 2022**|**2022**
**£**
124,936
1,137
**126,073**
**2022**
**£**
18,504
9,728
27,950
16,183
6,495
**78,860**
**2022**
**£**
366,793
238,871
**605,664**|**2021**
**£**
124,692
379
**125,071**
**2021**
**£**
4,419
27,866
-
13,077
6,921
**52,283**
**2021**
**£**
218,923
147,870
**366,793**|
|---|---|---|
## **16 No related party transactions**
There were no related party transactions during the year.
33
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Notes to the Accounts for the year ended 31 March 2022**
## **17 Particulars of how particular funds are represented by assets and liabilities**
|**At 31 March 2022**
Tangible Fixed Assets
Current Assets
Current Liabilities
**At 1 April 2021**
Tangible Fixed Assets
Current Assets
Current Liabilities|**Unrestricted**
**funds**
**£**
28,937
246,998
(78,860)
**197,075**
**Unrestricted**
**funds**
**£**
30,300
116,923
(52,283)
**94,940**|**Designated**
**funds**
**£**
-
-
**-**
**Designated**
**funds**
**£**
-
-
-
**-**|**Restricted**
**funds**
**£**
1,331
407,258
-
**408,589**
**Restricted**
**funds**
**£**
1,775
270,078
-
**271,853**|**Total**
**Funds**
**£**
**30,268**
**654,256**
**(78,860)**
**605,664**
**Total**
**Funds**
**£**
**32,075**
**387,001**
**(52,283)**
**366,793**|
|---|---|---|---|---|
34
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Notes to the Accounts for the year ended 31 March 2022**
## **18 Change in total funds over the year as shown in Note 17, analysed by individual funds**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
**Total unrestricted and designated funds**
**_Restricted funds:-_**
Big Lottery Fund - Covid relief fund
Equipment grant
Wolverhampton City Council
Wolverhampton CCG
MHLP
The Henry Smith Charity
The Tudor Trust
Lloyds Bank Foundation
MiFriendly Cities Project
National Lottery - Awards for All
Church Urban Fund
Charities Aid Foundation
Clothworker's Covid Fund
Independent Age Fund
Afghanistan Resettlement Scheme
Telford & Wrekin Council Health Inequalities Fund
DHSC Suicide Prevention Fund
**Total restricted funds**
**Total charity funds**|**Funds brought**
**forward from**
**2021**
**£**
94,940
**94,940**
10,602
1,773
44,328
44,622
47,060
8,406
1,609
52,172
38,938
9,000
3,002
1,324
4,029
4,988
-
-
-
**271,853**
**366,793**|**Movement in**
**funds in 2022**
**See Note 19**
**£**
102,135
**102,135**
(10,602)
(444)
4,166
2,438
12,881
(382)
(1,609)
(22,982)
(13,782)
-
-
(1,277)
(310)
-
7,515
4,037
157,087
**136,736**
**238,871**|**£**
**-**
**-**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**-**
**-**
**Transfers**
**between**
**funds in 2022**|**Funds carried**
**forward to**
**2023**
**£**
**197,075**
**197,075**
**-**
**1,329**
**48,494**
**47,060**
**59,941**
**8,024**
**-**
**29,190**
**25,156**
**9,000**
**3,002**
**47**
**3,719**
**4,988**
**7,515**
**4,037**
**157,087**
**408,589**
**605,664**|
|---|---|---|---|---|
35
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Notes to the Accounts for the year ended 31 March 2022**
## **19 Analysis of movements in funds over the year as shown in Note 18**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
**_Restricted funds:-_**
Big Lottery Fund - Covid relief fund
Equipment grant
Wolverhampton City Council
Wolverhampton CCG
MHLP
The Henry Smith Charity
The Tudor Trust
Lloyds Bank Foundation
MiFriendly Cities Project
National Lottery - Awards for All
Church Urban Fund
Charities Aid Foundation
Clothworker's Covid Fund
Independent Age Fund
Afghanistan Resettlement Scheme
Telford & Wrekin Council Health Inequalities Fund
DHSC Suicide Prevention Fund|**Income**
**2022**
**£**
780,872
-
-
233,232
76,088
70,808
-
-
33,000
9,000
-
-
-
-
-
39,812
15,245
164,087
**1,422,144**|**Expenditure**
**2022**
**£**
(678,737)
(10,602)
(444)
(229,066)
(73,650)
(57,927)
(382)
(1,609)
(55,982)
(22,782)
-
-
(1,277)
(310)
-
(32,297)
(11,208)
(7,000)
**(1,183,273)**|**Other**
**Gains &**
**Losses**
**2022**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**-**|**Movement**
**in funds**
**2022**
**£**
**102,135**
**(10,602)**
**(444)**
**4,166**
**2,438**
**12,881**
**(382)**
**(1,609)**
**(22,982)**
**(13,782)**
**-**
**-**
**(1,277)**
**(310)**
**-**
**7,515**
**4,037**
**157,087**
**238,871**|
|---|---|---|---|---|
36
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Notes to the Accounts for the year ended 31 March 2022**
## **20 The purposes for which the funds as**
## _**Unrestricted and designated funds:-**_
These funds are held for meeting the objectives of the charity, and to Unrestricted Revenue Funds provide reserves for future activities and, subject to charity legislation, are free from all restrictions on their use.
_**Restricted funds:-**_ Equipment grant This was a grant for computer equipment for the Omari IT upgrade project. The balance is reducing as the computers depreciate. Wolverhampton City Council This funding is to support day care, carer support and the outreach programme. Wolverhampton CCG This funding is to support mental health and general wellbeing, and to support outreach workers. MHLP This funding supports the role of a nurse. The Henry Smith Charity This funding is to support the employment of an activities officer. The Tudor Trust This funding is to support the employment of a business development officer. Lloyds Bank Foundation This funding is to support mental health and general wellbeing, and to cover the costs of specialised staff and volunteer expenses. MiFriendly Cities Project The funding is to assist in the furniture recycling and upcycling for homes to accomodate refugees, asylum seekers, and economic migrants. National Lottery - Awards for All This funding is to prepare and deliver meals to the vulnerable during the Covid-19 pandemic. Church Urban Fund This funding is to fund volunteer expenses and media production in raising awareness for the 'Windrush' generation. Charities Aid Foundation This funding is to assist with providing food, councelling and activities for vulnerable individuals during the Covid-19 pandemic. Clothworker's Covid Fund This funding is to fund the purchase of IT equipment to connect staff and service users. Independent Age Fund This funding is to assist with the continuation of services to the elderly and vulnerable during the Covid-19 pandemic. Afghanistan Resettlement Scheme This funding is to fund renovations to furniture for properties within tight time scales for use by the "Afghan Locally Employed Scheme" and "Wider New Communities Projects". Telford & Wrekin Council Health Inequalities This funding is to improve access to mental health services for black adults in the Telford and Wrekin borough. DHSC Suicide Prevention Fund This funding is to enhance the provision of services to groups with a higher risk of suicide and provide support to other suicide prevention organisations.
37
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Notes to the Accounts for the year ended 31 March 2022**
## **21 Ultimate controlling party**
The charity is under the control of its trustees.
Every member of the charity is obliged to contribute such amount as may be required not exceeding £1 to the assets of the company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
38
## **African Caribbean Community Initiative (A.C.C.I.)**
**Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015**
## _**This analysis is classified by conventional nominal descriptions and not by activity.**_
## **22 Donations, Grants and Legacies**
**----- Start of picture text -----**
Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Funds Funds
2022 2022 2022 2021
£ £ £ £
Donations and gifts from individuals
Small donations individually less than £1000 8,729 - 8,729 5,069
A Burke 2,000 - 2,000 -
Moreland Trust 25,000 - 25,000 -
Total donations and gifts from 35,729 - 35,729 5,069
individuals
Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Funds Funds
2022 2022 2022 2021
£ £ £ £
Fundraising income
Gala fundraising 5,020 - 5,020 -
Total Fundraising income 5,020 - 5,020 -
Total prior year Donations, A1 5,069 - 5,069
Grants and Legacies
**----- End of picture text -----**
## **23 Income from charitable activities - Trading Activities**
|**_Current year_**
**Primary purpose and ancillary trading**
SSP Rebate Scheme
**Total Primary purpose and ancillary**
**trading**
Sale of goods and services in
accordance with the charity's objects|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
38,531
138
**38,669**|**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
-
**-**|**Current year**
**Total Funds**
**2022**
**£**
**38,531**
**138**
**38,669**|**Prior Year**
**Total funds**
**2021**
**£**
31,221
-
**31,221**|
|---|---|---|---|---|
39
## **African Caribbean Community Initiative (A.C.C.I.)**
**Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015**
## **24 Charitable income from funders**
|Wolverhampton CCG
Wolverhampton Homes
Strand Community Outreach
MiFriendly Cities Project
**Contractual payments from public**
**bodies to fund charitable activities**
MHLP
Wolverhampton City Council (WCC)
Wolverhampton City Council Mainline
Funding
Telford & Wrekin Council Health
Inequalities Fund
DHSC Suicide Prevention Fund
**Total contractual payments from**
**public bodies**|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
-
398,516
49,220
49,220
11,200
-
11,667
-
-
**519,823**|**Current year**
**Restricted**
**Funds**
**2022**
**£**
56,440
216,602
76,088
70,810
-
9,000
-
15,245
164,087
**608,272**|**Current year**
**Total Funds**
**2022**
**£**
**56,440**
**615,118**
**125,308**
**120,030**
**11,200**
**9,000**
**11,667**
**15,245**
**164,087**
**1,128,095**|**Prior Year**
**Total Funds**
**2021**
**£**
56,440
523,782
189,228
50,828
6,600
70,515
-
-
-
**897,393**|
|---|---|---|---|---|
40
## **African Caribbean Community Initiative (A.C.C.I.)**
**Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015**
## **Contractual payments from public bodies to fund charitable activities - Prior Year analysis**
**----- Start of picture text -----**
Prior Year Prior Year Prior Year
Unrestricted Restricted
Total Funds
Funds Funds
2021 2021 2021
£ £ £
Prior Year 461,430 435,963 897,393
Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Funds Funds
2022 2022 2022 2021
£ £ £ £
Contractual payments from non public
bodies to fund charitable activities
Staffordshire University 4,200 - 4,200 4,200
Birmingham City University 4,200 - 4,200 -
Wolverhampton University - - - 160
The Indigo Trust - - - 25,000
Lloyds Bank Foundation - 33,000 33,000 48,000
Eveson Trust - - - 10,000
Cata4Change 1,250 - 1,250 1,250
MIND - - - 49,957
Clothworker's Fund - - - 5,000
Independent Age - - - 15,000
Total contractual payments from
9,650 33,000 42,650 158,567
non public bodies
All the income in the prior year was unrestricted.
Contractual payments from non public bodies to fund charitable activities - Prior Year analysis
Prior Year Prior Year Prior Year
Unrestricted Restricted
Total Funds
Funds Funds
2021 2021 2021
£ £ £
Prior Year 90,567 68,000 158,567
**----- End of picture text -----**
41
## **African Caribbean Community Initiative (A.C.C.I.)**
**Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015**
|**Total performance related grants**
**from non public bodies**
Charities Aid Foundation
**Performance related grants from**
**non public bodies to fund charitable**
**activities**
Big Lottery Continuation Project
Big Lottery fund - Covid relief funds
The Tudor Trust|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
-
30,000
-
141,962
**171,962**|**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
-
-
-
**-**|**Current year**
**Total Funds**
**2022**
**£**
**-**
**30,000**
**-**
**141,962**
**171,962**|**Prior Year**
**Total Funds**
**2021**
**£**
110,278
2,000
8,382
-
**120,660**|
|---|---|---|---|---|
**Performance related grants from non public bodies to fund charitable activities - Prior Year analysis**
|**Prior Year**
**Total Charitable income from funders:-**
**Current year - income from funders**|**Prior Year**
**Unrestricted**
**Funds**
**2021**
**£**
**2,000**|**Prior Year**
**Restricted**
**Funds**
**2021**
**£**
**118,660**|**Prior Year**
**Total Funds**
**2021**
**£**
**120,660**|**Prior Year**
**Total Funds**
**2021**
**£**
**1,176,620**|
|---|---|---|---|---|
||||||
||**Unrestricted**
**Funds**
**2022**
**£**
**701,435**|**Restricted**
**Funds**
**2022**
**£**
**641,272**|**Total Funds**
**2022**
**£**
**1,342,707**||
42
## **African Caribbean Community Initiative (A.C.C.I.)**
**Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015**
|**_Prior year_**
**Prior Year - Income from funders**
**25**
**_Current year_**
Total income from charitable trading
Income from funders
**Total from charitable activities A2**
**Total Income from charitable activities**|**Prior Year**
**Unrestricted**
**Funds**
**2021**
**£**
**553,997**
**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
38,669
701,435
**740,104**|**Prior Year**
**Restricted**
**Funds**
**2021**
**£**
**622,623**
**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
641,272
**641,272**|**Prior Year**
**Total Funds**
**2021**
**£**
**1,176,620**
**Current year**
**Total Funds**
**2022**
**£**
**38,669**
**1,342,707**
**1,381,376**|**Prior Year**
**Total Funds**
**2021**
**£**
31,221
1,176,620
**1,207,841**|
|---|---|---|---|---|
## **Income from charitable activities - Prior Year analysis**
|**_Prior year_**
Total income from charitable trading
Income from funders|**Prior Year**
**Unrestricted**
**Funds**
**2021**
**£**
31,221
553,997
**585,218**|**Prior Year**
**Restricted**
**Funds**
**2021**
**£**
-
622,623
**622,623**|**Prior Year**
**Total Funds**
**2021**
**£**
31,221
1,176,620
**1,207,841**|
|---|---|---|---|
43
## **African Caribbean Community Initiative (A.C.C.I.)**
**Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015**
## **26 Investment income**
|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
Bank Interest Receivable
19
**Total investment income**
**A4**
**19**
**Expenditure on charitable activities - Direct spending**
**Current year**
**_Current Year_**
**Unrestricted**
**Funds**
**2022**
**£**
394,379
27,008
11,608
29,156
**Total direct spending**
**B2a**
**462,151**
**Prior Year**
**_Prior Year_**
**Unrestricted**
**Funds**
**2021**
**£**
314,369
20,914
8,095
30,268
**Total direct spending**
**B2a**
**373,646**
General costs
Gross wages and salaries - charitable
activities
Defined contribution pension costs -
charitable activities
General costs
Employers' NI - Charitable activities
Employers' NI - Charitable activities
Gross wages and salaries - charitable
activities
Defined contribution pension costs -
charitable activities|**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
**-**
**Current year**
**Restricted**
**Funds**
**2022**
**£**
348,494
29,077
8,547
598
**386,716**
**Prior Year**
**Restricted**
**Funds**
**2021**
**£**
407,515
30,521
8,867
1,078
**447,981**|**Current year**
**Total Funds**
**2022**
**£**
**19**
**19**
**Current year**
**Total Funds**
**2022**
**£**
**742,873**
**56,085**
**20,155**
**29,754**
**848,867**
**Prior Year**
**Total Funds**
**2021**
**£**
**721,884**
**51,435**
**16,962**
**31,346**
**821,627**|**Prior Year**
**Total Funds**
**2021**
**£**
62
**62**
**Prior Year**
**Total Funds**
**2021**
**£**
**721,884**
**51,435**
**16,962**
**31,346**
**821,627**|
|---|---|---|---|
## **27 Expenditure on charitable activities - Direct spending**
44
## **African Caribbean Community Initiative (A.C.C.I.)**
**Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015**
## **28 Support costs for charitable activities**
|**Current year**
**Current year**
**Current year**
**_Current Year_**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**2022**
**2022**
**2022**
**£**
**£**
**£**
**_Employee costs not included in direct costs_**
21,102
23,091
**44,193**
1,175
1,567
**2,742**
18,519
35,662
**54,181**
9,779
13,646
**23,425**
-
1,195
**1,195**
**_Premises Expenses_**
9,701
-
**9,701**
131
-
**131**
1,590
-
**1,590**
10,810
-
**10,810**
9,859
595
**10,454**
35,464
8,923
**44,387**
**_Administrative overheads_**
8,168
1,453
**9,621**
578
-
**578**
8,403
25
**8,428**
1,334
-
**1,334**
343
-
**343**
4,568
-
**4,568**
6,182
11,495
**17,677**
8,792
4,035
**12,827**
**_Professional fees paid to advisors other than the auditor or examiner_**
6,078
-
**6,078**
12,941
1,609
**14,550**
21,231
11,000
**32,231**
**_Financial costs_**
1,624
-
**1,624**
19
-
**19**
10,064
-
**10,064**
202
-
**202**
**Support costs before reallocation**
**208,657**
**114,296**
**322,953**
**Total support costs - Current Year**
**208,657**
**114,296**
**322,953**
The basis of allocation of costs between activities is described under accounting policies
Sundry expenses
Depreciation & Amortisation in total for
the period
Other legal and professional
HMRC interest
Bank interest payable
Advertising and marketing
Consultancy fees
Subscriptions to periodicals
Telephone, fax and internet
Software licences and expenses
Training and welfare - staff
Employer's NI - Other salaries
Other salaries
Stationery and printing
Recruitment expenses
Postage
Cleaning and waste management
Service charges payable
Rent and insurance
Travel and subsistence - staff
Light heat and power
Premises repairs, renewals and
maintenance
Bank charges
Accountancy fees other than
examination or audit fees
Rates and water charges
Equipment,repairs,expenses and maintenance|**Prior Year**
**Total Funds**
**2021**
**£**
**16,121**
**1,122**
**29,949**
**18,225**
**-**
**9,701**
**102**
**1,473**
**11,305**
**6,248**
**34,385**
**9,877**
**514**
**7,840**
**1,515**
**888**
**2,261**
**10,253**
**9,619**
**5,562**
**20,800**
**23,600**
**1,514**
**-**
**10,674**
**-**
**233,548**
**233,548**|
|---|---|
45
## **African Caribbean Community Initiative (A.C.C.I.)**
**Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015**
||**Prior Year**|**Prior Year**|**Prior Year**|
|---|---|---|---|
||**Unrestricted**|**Restricted**||
|**_Prior Year_**|**Funds**|**Funds**|**Total Funds**|
||**2021**|**2021**|**2021**|
||**£**|**£**|**£**|
|**_Employee costs not included in direct costs_**||||
|Other salaries|6,816|9,305|**16,121**|
|Employer's NI - Other salaries|427|695|**1,122**|
|Training and welfare - staff|4,504|25,445|**29,949**|
|Travel and subsistence - staff|7,273|10,952|**18,225**|
|**_Premises Expenses_**||||
|Service charges payable|9,701|-|**9,701**|
|Rates and water charges|102|-|**102**|
|Light heat and power|1,473|-|**1,473**|
|Cleaning and waste management|11,088|217|**11,305**|
|Premises repairs, renewals and
maintenance|3,954|2,294|**6,248**|
|Rent and insurance|33,296|1,089|**34,385**|
|**_Administrative overheads_**||||
|Telephone, fax and internet|8,386|1,491|**9,877**|
|Postage|514|-|**514**|
|Stationery and printing|7,628|212|**7,840**|
|Subscriptions to periodicals|1,446|69|**1,515**|
|Software licences and expenses|888|-|**888**|
|Advertising and marketing|1,861|400|**2,261**|
|Sundry expenses|6,252|4,001|**10,253**|
|Equipment,repairs,expenses and
maintenance|3,557|6,062|**9,619**|
|**_Professional fees paid to advisors_**||||
|Accountancy fees other than
examination or audit fees|5,562|-|**5,562**|
|Consultancy fees|18,400|2,400|**20,800**|
|Other legal and professional|12,111|11,489|**23,600**|
|**_Financial costs_**||||
|Bank charges|1,514|-|**1,514**|
|Depreciation & Amortisation in total for
the period|-|10,674|**10,674**|
|**_Support costs before reallocation_**|**146,753**|**86,795**|**233,548**|
|**Total support costs - Prior Year**|**146,753**|**86,795**|**233,548**|
|The basis of allocation of costs between activities is described under||accounting|policies|
46
## **African Caribbean Community Initiative (A.C.C.I.)**
**Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015**
## **29 Other Expenditure - Governance costs**
|**_Current Year_**
Auditor's fees
Wages and salaries
Employer's NI
**Total Governance costs**
**_Prior Year_**
Auditor's fees
**Total Governance costs**
**30 Total Charitable expenditure**
**_Current Year_**
Total direct spending
**B2a**
Total support costs
**B2d**
Total Governance costs
**B2e**
**Total charitable expenditure**
**B2**
**_Prior Year_**
Total direct spending
**B2a**
Total support costs
**B2d**
Total Governance costs
**B2e**
**Total charitable expenditure**
**B2**
Wages and salaries
Employer's NI|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
3,600
2,937
233
**6,770**
**Prior Year**
**Unrestricted**
**Funds**
**2021**
**£**
3,600
2,463
190
**6,253**
**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
462,151
208,657
6,770
**677,578**
**Prior Year**
**Unrestricted**
**Funds**
**2021**
**£**
373,646
146,753
6,253
**526,652**|**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
3,213
311
**3,524**
**Prior Year**
**Restricted**
**Funds**
**2021**
**£**
-
3,363
311
**3,674**
**Current year**
**Restricted**
**Funds**
**2022**
**£**
386,716
114,296
3,524
**504,536**
**Prior Year**
**Restricted**
**Funds**
**2021**
**£**
447,981
86,795
3,674
**538,450**|**Current year**
**Total Funds**
**2022**
**£**
**3,600**
**6,150**
**544**
**10,294**
**Prior Year**
**Total Funds**
**2021**
**£**
**3,600**
**5,826**
**501**
**9,927**
**Current year**
**Total Funds**
**2022**
**£**
**848,867**
**322,953**
**10,294**
**1,182,114**
**Prior Year**
**Total Funds**
**2021**
**£**
**821,627**
**233,548**
**9,927**
**1,065,102**|**Prior Year**
**Total Funds**
**2021**
**£**
**3,600**
**5,826**
**501**
**9,927**
**Prior Year**
**Total Funds**
**2021**
**£**
**821,627**
**233,548**
**9,927**
**1,065,102**|
|---|---|---|---|---|
47
## **African Caribbean Community Initiative (A.C.C.I.)**
**Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015**
## **31 Gains and losses on fixed asset disposals and summary of impairments**
|**_Current year_**
**Total losses**
**B3**
**32 Total of other expenditure**
**_Current Year_**
Total other expenses and costs
**Total other expenditure**
**B3**
Realised losses on disposals of tangible fixed assets held
for the charity’s own use|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
1,159
**1,159**
**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
1,159
**1,159**|**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
**-**
**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
**-**|**Current year**
**Total Funds**
**2022**
**£**
**1,159**
**1,159**
**Current year**
**Total Funds**
**2022**
**£**
**1,159**
**1,159**|**Prior Year**
**Total Funds**
**2021**
**£**
**-**
**-**
**Prior Year**
**Total Funds**
**2021**
**£**
**-**
**-**|
|---|---|---|---|---|
48
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Activity analysis of Income and expenditure for the year ended 31 March 2022**
_**This analysis is classified by activity and not by conventional nominal descriptions.**_
|**33 Analysis of income by activity**
**SOFA ref**
Primary purpose and ancillary trading
Other charitable activities
**A2**
**_Summary of Total Income, including the items above_**
Charitable activities
**A2**
Donations & Legacies
**A1**
Investment income
**A4**
**Total income as shown in the SOFA**
**_Categories of income_**
Income from non exchange transactions
Income from exchange transactions
**Income from charitable activities**
**Total Income from charitable**
**activities**
**Activity**|**2022**
**£**
1,342,706
38,670
**1,381,376**
1,381,376
40,749
19
**1,422,144**
40,768
1,381,376
**1,422,144**|**2021**
**£**
1,176,871
30,970
**1,207,841**
1,207,841
5,069
62
**1,212,972**
5,131
1,207,841
**1,212,972**|
|---|---|---|
49
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Activity analysis of Income and expenditure for the year ended 31 March 2022**
## **34 Analysis of charitable expenditure by activity**
|**Direct costs**
**2022**
**£**
**_Other charitable activities_**
Direct costs
848,867
-
Premises expenses
-
Administrative overheads
-
Professional fees
-
Financial costs
-
Losses on disposals of fixed assets
1,159
**850,026**
**Direct costs**
**2022**
**£**
Total Other charitable activities
850,026
-
**850,026**
**Total charitable expenditure**
**Summary of charitable costs by activity**
**Activity**
Total Governance costs as detailed
in Note 29
Employee costs not included in
direct costs
**Total Other charitable activities**|**Support**
**costs**
**2022**
**£**
-
125,736
77,073
55,376
52,859
11,909
-
**322,953**
**Support**
**costs**
**2022**
**£**
322,953
10,294
**333,247**|**Grant**
**funding of**
**activities**
**2022**
**£**
-
-
-
-
-
-
-
**-**
**Grant**
**funding of**
**activities**
**2022**
**£**
-
-
**-**|**Total**
**2022**
**£**
**848,867**
**125,736**
**77,073**
**55,376**
**52,859**
**11,909**
**1,159**
**1,172,979**
**Total**
**2022**
**£**
1,172,979
10,294
**1,183,273**|**Total**
**2021**
**£**
821,627
65,417
63,214
42,767
49,962
12,188
-
**1,055,175**
**Total**
**2021**
**£**
1,055,175
9,927
**1,065,102**|
|---|---|---|---|---|
The basis of allocation of costs between activities is described under accounting policies
The breakdown of this expenditure by type of spending (ie nominal classification) is detailed in note 30
## **Analysis of support and governance costs by charitable activities**
|**Activity**
Other charitable activities|**Governance**
**£**
10,294|**Finance**
**£**
11,909|**Human**
**Resources**
**£**
125,736|**Other**
**Overheads**
**£**
185,308|**Total**
**£**
333,247|
|---|---|---|---|---|---|
50
## **African Caribbean Community Initiative (A.C.C.I.)**
## **Activity analysis of Income and expenditure for the year ended 31 March 2022**
## **35 Analysis of non charitable expenditure by activity**
|**_Governance costs_**
Other Expenditure - Governance costs as detailed in Note 29|**Governance**
**costs**
**2022**
**£**
10,294|**Governance**
**costs**
**2021**
**£**
9,927|
|---|---|---|
The breakdown of this expenditure by type of spending (ie by nominal classification and by fund) is detailed in note 29
51