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← African Caribbean Community Initiative (A.c.c.i.)

2025-03-31-accounts

Company Registration Number - 04014153

Charity Registration Number - 1081996

African Caribbean Community Initiative (A.C.C.I.)

Accounts

31 March 2025

African Caribbean Community Initiative (A.C.C.I.)

Report and accounts for the year ended 31 March 2025

Contents

Page
Chair's Foreword 1
Charity information 2-3
Trustees' Annual Report 2-16
Statement of directors' responsibilities 15-16
Independent Auditors' report 17-19
Funds Statements:-
Statement of Financial Activities 20
Statement of Financial Activities - Prior Year statement 21
Movements in funds 22
Revenue Funds 22
Summary of funds 22
Income and Expenditure account 23
Balance sheet 24
Cash flow statement 25-26
Notes to the accounts 27-49

African Caribbean Community Initiative (A.C.C.I.) - Chair's Foreword for the year ended 31 March 2025

This financial year has seen A.C.C.I., like many charities, continue to weather the financial consequences of the post COVID era, the cost-of-living crisis, a new Government where health and social care are said to be one of their commitments for change, and where building a NHS fit for the future is a key component.

A.C.C.I. understands that this socio- economic environment presents both obstacle and opportunity to ensuring that the organisation is fit for purpose both strategically and operationally, so that A.C.C.I. can continue to support its service users for many years to come.

Staff pay has rightly increased as we want to retain an engaged workforce to continue to provide a quality service for our members. But we recognise that salary is but only one aspect to an engaged and committed workforce. Part of the strategic plan looks to other ways to recognise staff, which will be captured in The People Plan. The staff continue to be loyal and inspired by the CEO Alicia Spence and the wider SLT.

We have invested in the Senior Leadership Team by recruiting into the Community Network Development Manager role in June 2024, to help the organisation build connections with commercial partners, individual donors and the community to fulfil our ambition to diversify to a balanced funding model, where A.C.C.I. has better access to unrestricted funds to further its objectives and bolster its reserves. We are actively looking at sustainable ways to ensure A.C.C.I. is fit for the future as the CDM, staff and trustees work to continue to build on the great work of 2023/2024 in 2024/2025 to build strong partnerships with corporates like GRP Solutions Ltd and long-standing charities such as The Grand Theatre Wolverhampton. These are but a few examples which show that A.C.C.I. did not rest in addressing the challenges that it faces.

Governance has been refreshed with training of all board trustees in the last quarter of 2024/2025, to ensure a skilled Board of Trustees who are able to support the push for innovation, consistency and sustainability at a time of considerable financial exposure. This has seen financially skilled trustees working closely with the finance team at A.C.C.I. to utilise e-platforms to better inform budget setting, the funding streams, income and expenditure. A move to new banking facilities with lower costs was investigated, sourced and implemented.

A.C.C.I. is addressing the future, which is why we engaged with our stakeholders; commissioners, carers, service users and staff to review the strategy and launch the organisations 3-year Strategic Plan, which is ambitious and aims to achieve a secure viable future. The government’s stated drive towards community-based care where the service user’s locality is imperative, should be an opportunity for the organisation to grow and strengthen. A.C.C.I. has been part of the Wolverhampton community and surrounding areas for over 38 years and has an in-depth knowledge of the community’s needs at a time where mental ill-health is the next ‘pandemic’.

Whilst awards are not the reason why A.C.C.I.’s staff and CEO continue to provide quality care and service; I was delighted but not surprised that A.C.C.I. won Charity of the Year at the MBCC Awards in November 2024. This topped a year in which the organisation picked up Community Contribution Award at the Wolves Foundation Awards 2024. Both awards recognise A.C.C.I.’s effective contributions to the community. This will continue so that A.C.C.I. sustains for the continued benefit of the organisation’s service users.

This would not be possible without the dedication and commitment of A.C.C.I.’s staff and SLT lead by the indominable CEO Alicia Spence. I take this opportunity to thank all the staff, SLT, the CEO Alicia, the Board of Trustees, carers and volunteers who work tirelessly to further the objectives of the organisation.

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 2025

The Trustees present their Report and Accounts for the year ended 31 March 2025, 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 2025

The Trustees in office on the date the report was approved were:- Canute Earl Gayle M M White I A Bandele M R McCalla D McIntosh J Davis, Vice Chair B A Tatham, Chair J McConnell V Grant Carl Elliot Gayle S Forsyth I M McIntosh (appointed 12 October 2024) (resigned 21 October 2025)

The following persons served as Trustees during the year ended 31 March 2025 :-

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 Canute Earl Gayle M M White I A Bandele M R McCalla D McIntosh J Davis, Vice Chair B A Tatham, Chair S Forsyth J McConnell V Grant Carl Elliot Gayle I M McIntosh 12 October 2024

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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 2025

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 in meeting 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 daily and as needed or to attend specific events and activities.

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 many of our members who have severe and enduring mental health, reducing the need for them to be detained for lengthy periods of treatment or being placed outside the City of Wolverhampton with restricted family or carer contact for comfort and reassurance.

The outreach team has worked diligently to ensure that members are not falling through gaps in health and social care services, and that they are achieving levels of independence that improves their ability to maintain a valued level of daily living habits, skills and lifestyle which they are able to sustain.

We continue to develop the quality of activities and skills building opportunities for members to engage in interactive and group sessions. An essential part of the activities combines health, care and healthy options where each member will choose their own personal targets to monitor and celebrate their achievements.

We support and enable open dialogue and consultation with our members, continually evaluating their goals, reviewing their aims and to take ownership of their accomplishments. The members are encouraged to utilise their rights to choose and participate in user-led interests, which has also increased the variety of options available.

We are aware that a pandemic situation could return, as we know the virus has not completely left us. However, this has not diminished the quality of services, together with health and wellbeing activities put in place during and following that dreadful period. This service, its staff and members are well prepared for any recurrence of such an event.

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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 2025

Impact:

Our varied programme of well-established activities remains popular and impactful. Reviews of health, wellbeing and user-led initiatives in consultation with our members, has continued to deliver the following results:

• 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, obtain a freshly made hot meal and to engage in many of the activities provided.

• The food delivery service continues to work well with a growing demand, which has ensured that Members are receiving a hot meal that supplements a balanced and health-conscious diet. This has also provided the opportunity to encourage contact and maintain engagement with Members and carers, as well as prompting safe and wellbeing checks when necessary. The opportunity to optimise early wellbeing and mental health interventions have occurred because of this service.

• We continue to support families in receipt of benefits or those who are identified as low-income households via the partnership with the City Council and Wolverhampton Homes Household Support Fund to provide them with essential household items, house makeovers, subsidised utility funding and appliances.

• We provide a small food and provisions pantry where locally donated produce is dispersed within the community, which remains a valuable resource particularly in cases of emergency.

• We have issued over 200 food vouchers to members and families in partnership with the Household Support Fund.

• The Good Night Project, aimed at reducing or eliminating bed poverty continues to provide beds and coverings where appropriately requested in the community. Food vouchers and day bus passes are provided where the request meets the evidence and criteria required.

• Increased numbers of our members are still regularly attending the Wellbeing Hub, with many who refer family and friends to receive assistance with issues or engaged in the activities offered.

• The organisation remains a vital source of support to the members, carers and families of those who live with severe mental health and wellbeing challenges. We are encouraged that the commitment and dedication of our staff, members and volunteers, is steadfast, in the knowledge that without them, there would be immense difficulties in continuing to deliver the high quality of services offered.

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.

• Provided volunteer opportunities for our members’ individuals from the community.

• Continued to seek and take opportunities to attract funding to promote the organisation's profile and growing service delivery, raise awareness about issues of mental health and therapeutic activities provided to those using the service.

• Working in partnership with our funders, stakeholders, agencies, regional and national services to influence and improve mainstream service provision to African and African Caribbean people including Wolverhampton's many diverse communities.

• Ensuring that we advocate for members and support them to apply for appropriate benefits, and attend timely reviews as required.

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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 2025

The main activities undertaken during the year to further the charity's purpose for the public benefit.

• We continue to make daily telephone contact calls to Members where appropriate in conjunction with planned and doorstep visits.

• We have seen an increase in levels of anxiety and acute depression, which has highlighted the continued need for Therapeutic Counselling Services, where we address issues around bereavement, grief, trauma, loss and isolation to maintain wellbeing by engaging in talking, listening and offering some human contact.

In addition, during the past year A.C.C.I. has delivered:

• We hosted an excellent programme for World Mental Health Day, in conjunction with Gloucester Street Church and Church of God of Prophecy. The theme title for the faith-based event was “Compassion - Key to Recovery”. The event attracted 150 attendees to the congregation.

• Carers’ activities include wellbeing and exercise sessions, presentations on a range of topics, theatre visits, meals out and weekend coach trips.

The short term and longer term aims and objectives.

A.C.C.I.'s objectives are to provide:

• A culturally safe/competent and appropriate service to meet the needs of the African/Caribbean and diverse communities;

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'.

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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 2025

The charity's strategies for achieving its aims and objectives in the future.

Many of A.C.C.I.'s Members (service users) present with some conditions often compounded by trauma, racism, drug and alcohol addiction, making them amongst 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 and the diverse community, 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 amongst our members. Supporting them to find appropriate accommodation, secure and retain tenancies, improve their life skills, education, employment opportunities and managing their finances, and providing advice 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 members remain well over longer periods.

Whilst the organisation focuses on providing culturally safe and appropriate services to African Caribbean people and their families, we continually look at ways to develop service delivery with the many displaced people entering the UK seeking assistance and refuge in better conditions and particularly those who are found to have mental ill-health. As such additional beneficiaries of our services include other ethnic groups and marginalised communities.

We also work with 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 the support available and continue working to de-stigmatise mental ill-health. We also can provide a range of training opportunities and advocacy services to influence mainstream practice and policy development among health and social care professionals.

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:

• A.C.C.I.’s performance during 2024-25 continues to meet and exceed its target aims. Referrals to the organisation have remained steady with increased numbers of members participating across its activities and services varying in user uptake. This year we have received 226 referrals, some of whom required access to the following services; a list of which is provided in the Annual Report of Activities below.

• Health and Wellbeing Hub Activities – The input from members attending the Hub has supported the growth, engagement and improvement of a thriving activities programme that are all well attended.

• Staffordshire University and Birmingham City University (BCU) – Work Placement Social Work Students: We have successfully supported one level 5 Social Work Student from Staffordshire University, and one level 5 and one MA students from BCU completed their 70-day placements, achieved working across the organisation’s services. This year we have also provided work experience hours for young people age 15-18. We have provided placements for one Level 2 student, one Level 3 student and one Counselling student.

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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 2025

• Telford & Wrekin Wellbeing Support - pilot project: The project was extended for a short period, and is awaiting further consideration to continue, whilst Telford and Wrekin look at the possibilities of commissioning the project on a long-term basis.

• Severe Mental Illness welfare support project: The Black Country NHS Foundation Trust, commissioned the organisation to support an initiative to provide Members in the community diagnosed with a severe mental health condition to ensure that they are receiving their correct benefit(s). The project reached its duration at the end of August 2024.

• The Business Partnership Events: hosted two events in July 2024 and January 2025 at the Mount Hotel. The successful events were attended by local and national businesses, providing existing and new sponsors insight about the organisation, gain knowledge and raise awareness about how A.C.C.I. delivers the City’s mental health and wellbeing programme. The events support A.C.C.I.’s strategy to diversify funding streams.

• Good-night Project: City of Wolverhampton Council and A.C.C.I. continue to be involved in a dedicated service alleviating bed poverty. Beds with bedding are dispersed to individuals and households meeting the required criteria.

• Household Support Fund – Wolverhampton City Wide: A.C.C.I. is an approved partner that provides a referral service giving access to essential household support towards household utilities, appliances, produce provisions and travel. During this period, A.C.C.I. has to date provided support to 270 households.

• Recognised as Charity of the Year at the Multicultural Business Community Champions Awards in November 2024 a testament to A.C.C.I.’s staff and the senior leadership team consistently delivering excellent member focussed service under the stalwart leadership of CEO Alicia Spence.

• Recognised at West Midlands Care Association – Activity Co-ordinator Award: A.C.C.I.’s Wellbeing and Activities Co-ordinator Candeece Harvey was the Runner-Up.

• Launched our Take A Seat campaign to raise awareness and aligned to our strategy to diversify funding.

• Delivered our Strategic Plan with priorities of financial sustainability, diversification of funding and being an employer where staff thrive. Where supporting A.C.C.I.’s members is at the heart of all decisions.

Programme of the activities include:

Outdoor and indoor activity e.g. bike riding, walking, football, fitness gym, nature walks, chair exercises and cycle for health. There are weekly health checks, art sessions, sewing/craft groups, tending to the allotment, volunteering at the petting animal farm, women’s/men’s group meetings, hearing voices group, life coaching skills sessions and ESOL classes. There have been several day trips, activity outings and short-haul overseas travel opportunities.

• Carer’s Support Group received 92 attendees to the Carer’s Day of Celebration held at the local Heritage Centre.

• The Dementia Day held as a faith event, received 108 attendees respectively including those accessing the event by Zoom virtual media.

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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 2025

• In partnership with Wolverhampton Grand Theatre, members, carers, families, and staff attended 10 different performances, with 480 tickets issued across the events.

• Holistic Therapies & Counselling Service: The service continues to receive high numbers of referrals from external agencies, internal casework and self-referrals. A total of 124 referrals were received to the Counselling service and includes both external and internal cases.

• Housing and Welfare Support: Both elements of the support received in total 152 referrals with varying housing needs. New referrals from Wolverhampton Homes make up 48 of the total number of referrals received. The impact of housing need in the city for all is very much a growing concern, and especially for those with mental health and other medical difficulties. Again, support is still increasing for assistance with completing benefit application claims, attending reviews, as well as producing and attending appeals. We are now referring more cases at Tribunal and Higher to the City’s Welfare Rights Team.

• New and reviewed benefit claims are still being dealt with quite quickly, however, the decisions are still taking some time to be achieved.

• We are expecting the DWP to announce the remaining people on Employment and Support Allowance (ESA) benefits and how they intend to move the legacy benefit over to Universal Credit (UC).

• Outreach attended 1,908 appointments with and on behalf of our members. The appointments included team support with referrals received to the Housing and Welfare Support team, Carer’s and the Health and Wellbeing Hub.

The number of visits and time allocated to high need members (service users) are still manageable; however, the numbers of those needing more intense support due to physical and mental health support is increasing. The team continues to make home visits and attend arranged appointments e.g. housing, benefits, health and support at assessments, reviews and tribunals. Members are encouraged to attend events and activities to reduce isolation and support socialising in their peer groups within the community. Telephone calls and maintaining wellbeing contact are an essential part of this service.

The outreach team are increasingly dealing with issues involving single parents, and families; and whilst many can be sign posted to other services, there will have been a good portion of their issues dealt with by other A.C.C.I. services.

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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 2025

Supporting our staff to thrive:

Staff undertook the following training:

Welfare Rights Service training sessions attended:

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 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 Members Away Day takes place annually following the 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.

Governance training was provided by Karl George MBE, CEO The Governance Forum Limited, in February 2025 for all trustees, new and old.

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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 2025

The charity's organisational structure.

A.C.C.I. is managed by a Management Board Committee. The Management Board Members are also Members of our Board of Trustees. A.C.C.I. is managed by 11 Members, Board of Trustees. Our organisation employs a Chief Executive who oversees the work of the organisation, supported by a Business Development Manager (post is currently vacant), Operations Manager and a Community Network Development Manager. There are 50 Members of staff (19 full time, 31 part time). The organisation also has registered, 53 volunteers.

The members and carers are an integral part of A.C.C.I.'s decision making process, which ensures that all 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 external service users, carers, families 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 2025

The financial position of the charity at 31 March 2025 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Restricted Revenue Funds
Total Funds
Unrestricted Revenue Funds available for the
general purposes of the charity
Net income		 2025
£
(249,257)
(62,665)
370,003
307,338		 2024
£
(12,907)
178,994
377,601
556,595

Financial review of the position at the reporting date, 31 March 2025.

Unrestricted Income
Restricted Income
Total Income		 2025
£
591,799
650,416
1,242,215		 2024
£
787,825
690,027
1,477,852

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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 2025

The total funds on the balance sheet are £307,338 which is a decrease from previous years of 44.7%.

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.

Overview of Performance

The financial year ending 31 March 2025 has been a challenging period for A.C.C.I., reflecting the increasingly difficult financial environment the sector faces. The total income for the year was £1,242,215, a significant reduction from the £1,477,852 achieved in the previous year. Meanwhile, total expenditure remained steady at £1,491,472.

As a result, the charity incurred a net deficit of £249,257 for the year. This has reduced our total reserves from £556,595 to £307,338. Specifically, unrestricted funds now show a deficit of £62,665, indicating that unrestricted expenditure significantly outstripped unrestricted income during this period.

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 £372,868 to £745,736 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 are in deficit, the Board have therefore enacted the following action plan to keep A.C.C.I. solvent and return the charity back to a surplus position.

Steps Towards Solvency and Continued Operation

The Board is fully committed to rectifying the deficit in unrestricted funds and ensuring the charity remains a going concern. We have taken immediate, decisive action to stabilise the financial position and project a return to a break-even or surplus position by the end of the current financial year (FY25/26).

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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 2025

1. Revenue Generation & Budget Balancing

To ensure the charity returns to a surplus position in FY25/26, the Board has secured significant inflows and implemented cost-saving measures. The table below illustrates the projected impact of these measures against the reported unrestricted deficit:

Corrective Measure Status FY 25/26 Impact (£) Recurring Annual Impact (£)
Opus Foundation Secured £113,000.00 Nil
Grant (Unrestricted)
WCC Rate Uplift Pending £91,000.00 £91,000.00
(Omari) (Backdated)
Overhead Cost Implemented £25,000.00 £25,000.00
Reductions
Staffing Restructure Implemented £40,000.00 £90,000.00
(Nov '25)
TOTAL £269,000.00 £206,000.00
IMPROPVEMENT
2025 Unrestricted -£241,659.00
Deficit
PROJECTED £27,341.00
SURPLUS

• Income Uplift : A proposed rate uplift for Omari services by WCC is expected to be backdated to April 2025. This is projected to generate £91,000 in additional unrestricted income in FY25/26.

2. Strategic Cost Reduction

We have implemented strict cost-control measures to reduce our operating base:

• Staffing Costs : Effective November 2025, we implemented a reduction in contractual staff hours. This is projected to save £40,000 in the current financial year and £90,000 annually thereafter.

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. In the previous year, the board finalised implementation of a new risk management policy and procedure, which it continues to monitor.

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 2025/26 will be to:

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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 2025

Plans For the Future

Summary of plans for the future and the trustees' perspective of the future direction of the charity.

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, in particular:

• The organisation will be seeking to secure funding for the continuation of the Holistic Therapies and Counselling service.

• We are developing training packages that will offer allied organisations’ the opportunity to understand the need to raise mental health awareness.

• Deliver a minimum of two annual open days, inviting other providers, agencies and commissioners’ with an opportunity to learn about the work of the organisation.

• Deliver a minimum of two annual open days to invite partners, agencies, stakeholders, other providers and commissioners’ with an opportunity to learn about the services delivered by the organisation.

• Host two income generation sponsorship events, inviting local, regional and national businesses to support, promote and enhance the organisation and its work in the community.

• Along-side the sponsorship initiatives we will produce a promotional video titled “Take a seat” that highlights the work of the organisation and how potential future ventures can be supported.

• Secure funding and resources to continue providing a service to its Members and the community of Wolverhampton.

• We continue to aim for securing a Crisis, Recovery and Respite service to support vulnerable adults in need of crisis care.

• Secure long term funding to sustain the role of the Health and Wellbeing Activities Coordinator.

• Have full acquisition of the eight 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.

• Work towards the ongoing partnership arrangement with Nehemiah Housing to provide joint housing management services for the Omari Housing CIC.

• Proactively, exploring opportunities to engage with potential entrepreneurs and philanthropists to support and promote the organisation.

14

African Caribbean Community Initiative (A.C.C.I.)

Company Registration Number - 04014153

Trustees' Annual Report for the year ended 31 March 2025

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 increase in balances held of £687. A balance of £4,119 was held at the year end.

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:-

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 :-

to presume that the charity will continue in business;

recommended practice have been followed, subject to any material

departures disclosed and explained in the financial statements;

15

African Caribbean Community Initiative (A.C.C.I.)

Company Registration Number - 04014153

Trustees' Annual Report for the year ended 31 March 2025

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 20 to 49.

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

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.)

Opinion

We have audited the financial statements of African Caribbean Community Initiative (A.C.C.I.) (the ‘charity’) for the year ended 31 March 2025 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:

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.

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.)

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:

• 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.

18

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.

19

African Caribbean Community Initiative (A.C.C.I.) - Statement of Financial Activities for the year ended 31 March 2025

Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 March 2025, as required by the Companies Act 2006)

Current year
Unrestricted
Funds
2025
£
Income & Endowments from:
Donations & Legacies
A1
12,688
Charitable activities
A2
575,335
Investments
A4
3,776
Total income
A
591,799
Expenditure on:
Charitable activities
B2
819,469
Total expenditure
B
819,469
Net income for the year
(227,670)
Transfers between funds
C
(13,989)
Net income after transfers
A-B-C
(241,659)
(241,659)
Reconciliation of funds:-
E
Total funds brought forward
178,994
Total funds carried forward
(62,665)
SORP
Ref
Net movement in funds		 Current year
Restricted
Funds
2025
£
-
650,416
-
650,416
672,003
672,003
(21,587)
13,989
(7,598)
(7,598)
377,601
370,003		 Current year
Total Funds
2025
£
12,688
1,225,751
3,776
1,242,215
1,491,472
1,491,472
(249,257)
-
(249,257)
(249,257)
556,595
307,338		 Prior Year
Total Funds
2024
£
28,200
1,444,795
4,857
1,477,852
1,490,759
1,490,759
(12,907)
-
(12,907)
(12,907)
569,502
556,595

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 separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All activities derive from continuing operations

The notes attached on pages 27 to 49 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 2025

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
Net movement in funds
SORP
Ref		 Prior Year
Unrestricted
Funds
2024
£
28,200
754,768
-
4,857
787,825
818,554
818,554
(30,729)
(30,729)
(30,729)
209,723
178,994

 Prior Year
Restricted
Funds
2024
£
-
690,027
-
-
690,027
672,205
672,205
17,822
17,822
17,822
359,779
377,601		 Prior Year
Total Funds
2024
£
28,200
1,444,795
-
4,857
1,477,852
1,490,759
1,490,759
(12,907)
(12,907)
(12,907)
569,502
556,595

All activities derive from continuing operations

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

The notes attached on pages 27 to 49 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 2025

Movements in revenue and capital funds for the year ended 31 March 2025

Revenue accumulated funds

Accumulated funds brought forward
(From)/To unrestricted revenue funds
Closing revenue funds
Summary of funds
Revenue accumulated funds
Recognised gains and losses before
transfers		 Unrestricted
Funds
2025
£
178,994
(227,670)
(48,676)
(13,989)
(62,665)
Unrestricted
Funds
2025
£
(62,665)		 Restricted
Funds
2025
£
377,601
(21,587)
356,014
13,989
370,003
Restricted
Funds
2025
£
370,003		 Total
Funds
2025
£
556,595
(249,257)
307,338
-
307,338
Total
Funds
2025
£
307,338		 Last year
Total Funds
2024
£
569,502
(12,907)
556,595
-
556,595
Last Year
Total Funds
2024
£
556,595

The notes attached on pages 27 to 49 form an integral part of these accounts.

22

African Caribbean Community Initiative (A.C.C.I.) - Statement of Financial Activities for the year ended 31 March 2025

African Caribbean Community Initiative (A.C.C.I.) Income and Expenditure Account for the year ended 31 March 2025 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
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		 2025
£
1,238,439
3,776
1,242,215
1,242,215
1,470,390
9,376
11,654
52
1,491,472
(249,257)
-
(249,257)
(249,257)		 2024
£
1,472,995
4,857
1,477,852
1,477,852
1,469,853
9,149
11,719
38
1,490,759
(12,907)
-
(12,907)
(12,907)

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 27 to 49 form an integral part of these accounts.

23

African Caribbean Community Initiative (A.C.C.I.) - Balance Sheet as at 31 March 2025

SORP
Note Ref 2025 2024
£ £ £ £
Fixed assets A
Tangible assets 12 A2 28,325 27,634
Current assets B
Debtors 13 B2 87,756 95,902
Cash at bank and in hand B4 253,938 484,765
Total current assets 341,694 580,667
Creditors: amounts falling due within
one year 14 C1 (62,681) (51,706)
Net current assets 279,013 528,961
The total net assets of the charity 307,338 556,595
The total net assets of the charity are funded by the funds of the charity, as follows:-
Restricted funds
Restricted Revenue Funds 18 D2 370,003 377,601
Restricted Funds 370,003 377,601
Unrestricted Revenue Funds 18 D3 (62,665) 178,994
Unrestricted Funds (62,665) 178,994
Total charity funds 307,338 556,595

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 19.

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 …...............................................

24

African Caribbean Community Initiative (A.C.C.I.)

Cash Flow Statement for the year ended 31 March 2025

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		 2025
£
(224,536)
3,776
(10,067)
(6,291)		 2024
£
(78,438)
4,857
(5,726)
(869)
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		 -
(230,827)
(230,827)
484,765
253,938		 -
(79,307)
(79,307)
564,072
484,765

25

African Caribbean Community Initiative (A.C.C.I.)

Cash Flow Statement for the year ended 31 March 2025

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
(Increase)/Decrease 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
484,765
Total
484,765
Analysis of change in net debt		 2025
£
(249,257)
9,376
(3,776)
8,146
10,975
(224,536)
2025
£
253,938
253,938
Cash
Movement
£
(230,827)
(230,827)		 2024
£
(12,907)
9,149
(4,857)
(25,584)
(44,239)
(78,438)
2024
£
484,765
484,765
At end
of year
£
253,938
253,938

26

African Caribbean Community Initiative (A.C.C.I.)

Notes to the Accounts for the year ended 31 March 2025

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.

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 £.

27

African Caribbean Community Initiative (A.C.C.I.)

Notes to the Accounts for the year ended 31 March 2025

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.

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

28

African Caribbean Community Initiative (A.C.C.I.)

Notes to the Accounts for the year ended 31 March 2025

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.

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.

29

African Caribbean Community Initiative (A.C.C.I.)

Notes to the Accounts for the year ended 31 March 2025

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
Bank interest payable		 2025
£
9,376
25,171
4,620
2025
£
52		 2024
£
9,149
24,452
4,260
2024
£
38

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
2025
£
Gross Salaries excluding trustees and key management personnel
1,031,793
Employer's National Insurance for all staff
76,731
Employer's operating costs of defined
contribution pension schemes
25,171
Total salaries, wages and related costs
1,133,695
The average number of full time staff employed in the year was
49
The estimated full time equivalent number of all staff employed in the year was
49
The estimated equivalent number of full time staff deployed in different activities in the year was:-
Engaged on charitable activities
46
Engaged on management and administration
3
The estimated full time equivalent number of all staff employed as above
49
2024
£
1,016,275
76,082
24,452
1,116,809
48
48
45
3
48

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.

30

African Caribbean Community Initiative (A.C.C.I.)

Notes to the Accounts for the year ended 31 March 2025

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 £25,171 (2024: £24,452).

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.

11 Deferred income - Restricted funds

Current Year
Aspiring Futures CIC - NHS Talking Therapies
Total
These deferrals are included in creditors
Prior Year
NHS Shropshire, Telford & Wrekin ICB
Total
Prior Year
These deferrals are included in creditors		 Opening
Deferrals
£
-
-
Opening
Deferrals
£
41,250
41,250		 Released
from prior
years
£
-
-
Released
from prior
years
£
(41,250)
(41,250)		 Received
less released
in year
£
-
-
2025
£
12,500
Received
less released
in year
£
-
-
2024
£
-		 Deferred
at year end
£
12,500
12,500
2024
£
-
Deferred
at year end
£
-
-
2023
£
41,250

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 2025

12 Tangible fixed assets

Current Year
Cost
1 April 2024
Additions
31 March 2025
Depreciation
1 April 2024
Charge for the year
31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
Prior Year
Cost
01 April 2023
Additions
31 March 2024
Depreciation
01 April 2023
Charge for the year
31 March 2024
Net book value
At 31 March 2024
At 31 March 2023		 Land and
Buildings
£
-
-
-
-
-
-
-
-
Land and
Buildings
£
-
-
-
-
-
-
-
-
Plant &
Machinery
£
153,885
10,067
163,952
126,251
9,376
135,627
28,325
27,634

Plant &
Machinery
£
148,159
5,726
153,885
117,102
9,149
126,251
27,634
31,057
Motor
Vehicles
£
-
-
-
-
-
-
-
-

Motor
Vehicles
£
-
-
-
-
-
-
-
-
Total
£
153,885
10,067
163,952
126,251
9,376
135,627
28,325
27,634

Total
£
148,159
5,726
153,885
117,102
9,149
126,251
27,634
31,057

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 2025

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 2024
Surplus/(Defecit) after tax for the year
At 31 March 2025		 2025
£
68,699
19,057
87,756
2025
£
13,640
11,620
12,500
19,024
5,897
62,681
2025
£
556,595
(249,257)
307,338		 2024
£
76,921
18,981
95,902
2024
£
15,066
11,464
-
19,152
6,024
51,706
2024
£
569,502
(12,907)
556,595

16 No related party transactions

There were no related party transactions during the year.

17 Particulars of how particular funds are represented by assets and liabilities

At 31 March 2025
Tangible Fixed Assets
Current Assets
Current Liabilities
At 1 April 2024
Tangible Fixed Assets
Current Assets
Current Liabilities		 Unrestricted
funds
£
27,766
(27,750)
(62,681)
(62,665)
Unrestricted
funds
£
26,888
203,812
(51,706)
178,994		 Designated
funds
£
-
-
-
-
Designated
funds
£
-
-
-
-		 Restricted
funds
£
559
369,444
-
370,003
Restricted
funds
£
746
376,855
-
377,601		 Total
Funds
£
28,325
341,694
(62,681)
307,338
Total
Funds
£
27,634
580,667
(51,706)
556,595

33

African Caribbean Community Initiative (A.C.C.I.)

Notes to the Accounts for the year ended 31 March 2025

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:-
Equipment grant
Wolverhampton City Council
Wolverhampton CCG
MHLP
The Henry Smith Charity
Lloyds Bank Foundation
MiFriendly Cities Project
National Lottery - Awards for All
Telford & Wrekin Council Safer & Stronger Fund
Black Country Healthcare NHS Foundation Trust
Church Urban Fund
Charities Aid Foundation
Clothworker's Covid Fund
Independent Age Fund
Afghanistan Resettlement Scheme
DHSC Suicide Prevention Fund
Wolverhampton Voluntary & Community Action
The National Lottery Community Fund - KYN
NHS Shropshire, Telford and Wrekin ICB
The National Lottery Community Fund - COL
Aspiring Futures CIC - NHS Talking Therapy
WCC - UKSPF & FHSFL
NHS Black Country ICB
Total restricted funds
Total charity funds		 Funds
brought
forward from
2024
£
178,994
178,994
746
97,342
141,561
24,850
4,961
12,506
2,374
7,608
543
21,719
3,002
47
3,719
3,940
19,577
17,398
545
20,022
(5,123)
264
-
-
-
377,601
556,595		 Movement in
funds in 2025
See Note 19
£
(227,670)
(227,670)
(187)
(16,130)
(4,149)
6,570
(3,411)
(12,137)
-
-
6,350
(21,361)
-
-
-
37
8,078
(4,610)
-
(13,340)
(6,671)
(2,459)
11,315
2,416
28,102
(21,587)
(249,257)		 £
(13,989)
(13,989)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
11,794
2,195
-
-
-
13,989
-
Transfers
between
funds in 2025		 Funds carried
forward to
2026
£
(62,665)
(62,665)
559
81,212
137,412
31,420
1,550
369
2,374
7,608
6,893
358
3,002
47
3,719
3,977
27,655
12,788
545
6,682
-
-
11,315
2,416
28,102
370,003
307,338

34

African Caribbean Community Initiative (A.C.C.I.)

Notes to the Accounts for the year ended 31 March 2025

19 Analysis of movements in funds over the year as shown in Note 18

Unrestricted and designated funds:-
Unrestricted Revenue Funds
Restricted funds:-
Equipment grant
Wolverhampton City Council
Wolverhampton CCG
MHLP
The Henry Smith Charity
Lloyds Bank Foundation
National Lottery - Awards for All
Telford & Wrekin Council Safer & Stronger Fund
Black Country Healthcare NHS Foundation Trust
Independent Age Fund
Afghanistan Resettlement Scheme
DHSC Suicide Prevention Fund
Wolverhampton Voluntary & Community Action
The National Lottery Community Fund - KYN
NHS Shropshire, Telford and Wrekin ICB
The National Lottery Community Fund - COL
Aspiring Futures CIC - NHS Talking Therapy
WCC - UKSPF & FHSFL
NHS Black Country ICB		 Income
2025
£
591,799
-
236,835
98,680
56,073
-
-
-
6,350
8,344
-
146,705
-
-
7,429
-
-
25,000
25,000
40,000
1,242,215		 Expenditure
2025
£
(819,469)
(187)
(252,965)
(102,829)
(49,503)
(3,411)
(12,137)
-
-
(29,705)
37
(138,627)
(4,610)
-
(20,769)
(6,671)
(2,459)
(13,685)
(22,584)
(11,898)
(1,491,472)		 Other
Gains &
Losses
2025
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Movement
in funds
2025
£
(227,670)
(187)
(16,130)
(4,149)
6,570
(3,411)
(12,137)
-
6,350
(21,361)
37
8,078
(4,610)
-
(13,340)
(6,671)
(2,459)
11,315
2,416
28,102
(249,257)

20 Details of transfers between funds

To/(from) Restricted Revenue Funds
Net transfers
Transfers to/( from) Unrestricted Funds to cover deficits on Restricted Funds or when funds are lawfully
reallocated
The transfers shown in note 18 above are:-		 2025
£
(13,989)
13,989
-

35

African Caribbean Community Initiative (A.C.C.I.)

Notes to the Accounts for the year ended 31 March 2025

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.
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.
This funding is to fund renovations to furniture for properties within tight
Afghanistan Resettlement Scheme time scales for use by the "Afghan Locally Employed Scheme" and "Wider
New Communities Projects".
This funding is to improve access to mental health services for black adults
in the Telford and Wrekin borough. (This fund is currently overdrawn at the
Telford & Wrekin Council Health year end due to advanced expenditure. Sufficient funding has been
Inequalities Fund and NHS Shropshire, received to cover this expenditure, however the majority of the income has
Telford & Wrekin ICB been deferred in line with the terms of the grant. The fund is expected to
return to a positive balance next year upon the unwinding of the deferred
income provision).

36

African Caribbean Community Initiative (A.C.C.I.)

Notes to the Accounts for the year ended 31 March 2025

This funding is to enhance the provision of services to groups with a higher DHSC Suicide Prevention Fund risk of suicide and provide support to other suicide prevention organisations. This funding is to provide a short-term counselling facility under the Wolverhampton Voluntary & Community Wolverhampton VCSE Mental Health Winter Pressures 2022/23 Action Programme. The National Lottery Community Fund - This funding is to widen social groups through group physical activity, such Know Your Neighbourhood as walking, running, and cycling. This funding is to assist with the support day care, carer support and the FBC Manby Bowdler LLP outreach programme. Telford & Wrekin Council Safer & Stronger This funding is to provide cycling sessions in green spaces within Telford. Fund This funding is to facilitate engagement with SMI individuals within Black Country Healthcare NHS Foundation Wolverhampton and assist with access to benefits and other support Trust available to them. The National Lottery Community Fund - This funding is to cover costs of additional staff and volunteers to deliver Community Organisations Cost of Living expanded services for individuals who have encountered challenges Fund during the cost of living crisis. Aspiring Futures CIC - NHS Talking This funding is to deliver NICE recommended psychological therapies Therapy through experienced and locally based providers within the community. This funding is to support with the costs of vocational training programmes WCC - UK Shared Prosperity Fund "Believe to Achieve" and volunteering, tailored to meet the needs of (UKSPF) & Family Hubs and Start for Life residents struggling with their mental health. The funding also helps to (FHSFL) create and enhance family hubs in the local area, with the aim to encourage healthy relationships between parents and children. NHS Black Country ICB - Digital Social This funding is to assist with the adoption of the Digitising Social Care Care Records Tranformation Fund (DiSC) Programme by funding software and associated costs.

22 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.

37

African Caribbean Community Initiative (A.C.C.I.)

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

This analysis is classified by conventional nominal descriptions and not by activity.

23 Donations, Grants and Legacies

==> picture [419 x 327] intentionally omitted <==

----- Start of picture text -----
Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Funds Funds
2025 2025 2025 2024
£ £ £ £
Donations and gifts from individuals
Small donations individually less than £1000 5,737 - 5,737 10,870
Wolverhampton Mayoral Office - - - 3,859
The Neighbourly Foundation - - - 1,500
Jen M-Rowe 1,000 - 1,000 -
Total donations and gifts from 6,737 - 6,737 16,229
individuals
Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Funds Funds
2025 2025 2025 2024
£ £ £ £
Fundraising income
Gala fundraising 5,951 - 5,951 11,971
Total Fundraising income 5,951 - 5,951 11,971
Total Donations, Grants and A1 12,688 - 12,688 28,200
Legacies
----- End of picture text -----

24 Income from charitable activities - Trading Activities

Current year
Primary purpose and ancillary trading
Total Primary purpose and ancillary
trading
Sale of goods and services in
accordance with the charity's objects		 Current year
Unrestricted
Funds
2025
£
68,801
68,801		 Current year
Restricted
Funds
2025
£
-
-		 Current year
Total Funds
2025
£
68,801
68,801		 Prior Year
Total funds
2024
£
62,420
62,420

38

African Caribbean Community Initiative (A.C.C.I.)

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

25 Charitable income from funders

Wolverhampton CCG/NHS Black
Country Joint Outreach
Dudley CCG
Wolverhampton Homes
Black Country Healthcare NHS
Foundation Trust
FBC Manby Bowdler LLP
Contractual payments from public
bodies to fund charitable activities
MHLP
Wolverhampton City Council (WCC)
Wolverhampton City Council Mainline
Funding
NHS Shropshire, Telford & Wrekin
ICB
NHS Black Country ICB
Telford & Wrekin Council Safer &
Stronger
Total contractual payments from
public bodies
Wolverhampton Voluntary &
Community Action		 Current year
Unrestricted
Funds
2025
£
-
390,277
106,957
-
-
6,300
-
-
-
-
-
-
503,534		 Current year
Restricted
Funds
2025
£
56,440
352,100
153,873
880
-
-
-
-
-
8,344
40,000
6,350
617,987		 Current year
Total Funds
2025
£
56,440
742,377
260,830
880
-
6,300
-
-
-
8,344
40,000
6,350
1,121,521		 Prior Year
Total Funds
2024
£
56,440
704,634
202,175
5,280
57,100
9,400
7,955
41,250
7,800
41,720
-
3,000
1,136,754

39

African Caribbean Community Initiative (A.C.C.I.)

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

Contractual payments from public bodies to fund charitable activities - Prior Year analysis

==> picture [419 x 338] intentionally omitted <==

----- Start of picture text -----
Prior Year Prior Year Prior Year
Unrestricted Restricted
Total Funds
Funds Funds
2024 2024 2024
£ £ £
Prior Year 542,693 594,061 1,136,754
Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Funds Funds
2025 2025 2025 2024
£ £ £ £
Contractual payments from non public
bodies to fund charitable activities
Staffordshire University 1,600 - 1,600 2,800
Birmingham City University 1,400 - 1,400 1,400
National Lottery Community Fund - - - - 73,678
Cost of Living Support
National Lottery Community Fund - - 7,429 7,429 22,288
Know Your Neighbourhood
Aspiring Futures CIC - NHS Talking - 25,000 25,000 -
Therapy
Total contractual payments from
3,000 32,429 35,429 100,166
non public bodies
----- End of picture text -----

All the income in the prior year was unrestricted.

Contractual payments from non public bodies to fund charitable activities - Prior Year analysis

==> picture [363 x 82] intentionally omitted <==

----- Start of picture text -----
||||| |---|---|---|---| |Prior Year|Prior Year|Prior Year| |Unrestricted|Restricted| |Total Funds| |Funds|Funds| |2024|2024|2024| |£|£|£| |Prior Year|4,200|95,966|100,166|

----- End of picture text -----

40

African Caribbean Community Initiative (A.C.C.I.)

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

Total Charitable income from funders:-
Prior year
Prior Year - Income from funders
The Tudor Trust
Performance related grants from
non public bodies to fund
charitable activities
Big Lottery Continuation Project
Total performance related grants
from non public bodies
Current year - income from funders		 Current year
Unrestricted
Funds
2025
£
-
-
-
Unrestricted
Funds
2025
£
506,534
Prior Year
Unrestricted
Funds
2024
£
692,348		 Current year
Restricted
Funds
2025
£
-
-
-
Restricted
Funds
2025
£
650,416
Prior Year
Restricted
Funds
2024
£
690,027		 Current year
Total Funds
2025
£
-
-
-
Total Funds
2025
£
1,156,950
Prior Year
Total Funds
2024
£
1,382,375		 Prior Year
Total Funds
2024
£
33,000
112,455
145,455
Prior Year
Total Funds
2024
£
1,382,375

41

African Caribbean Community Initiative (A.C.C.I.)

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

26 Total Income from charitable activities

Current year
Total income from charitable trading
Income from funders
Total from charitable activities A2		 Current year
Unrestricted
Funds
2025
£
68,801
506,534
575,335		 Current year
Restricted
Funds
2025
£
-
650,416
650,416		 Current year
Total Funds
2025
£
68,801
1,156,950
1,225,751		 Prior Year
Total Funds
2024
£
62,420
1,382,375
1,444,795

Income from charitable activities - Prior Year analysis

Prior year
Total income from charitable trading
Income from funders		 Prior Year
Unrestricted
Funds
2024
£
62,420
692,348
754,768		 Prior Year
Restricted
Funds
2024
£
-
690,027
690,027		 Prior Year
Total Funds
2024
£
62,420
1,382,375
1,444,795

42

African Caribbean Community Initiative (A.C.C.I.)

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

27 Investment income

Bank Interest Receivable
Total investment income
A4		 Current year
Unrestricted
Funds
2025
£
3,776
3,776		 Current year
Restricted
Funds
2025
£
-
-		 Current year
Total Funds
2025
£
3,776
3,776		 Prior Year
Total Funds
2024
£
4,857
4,857

28 Expenditure on charitable activities - Direct spending

Current Year
Total direct spending
B2a
Prior Year
Total direct spending
B2a
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
Gross wages and salaries - charitable
activities
Member activities
General costs
Member activities		 Current year
Unrestricted
Funds
2025
£
482,026
34,352
14,494
42,052
10,332
583,256
Prior Year
Unrestricted
Funds
2024
£
504,743
35,282
14,383
35,619
12,677
602,704		 Current year
Restricted
Funds
2025
£
471,104
36,565
10,677
887
1,191
520,424
Prior Year
Restricted
Funds
2024
£
460,490
36,782
10,069
11,795
7,966
527,102		 Current year
Total Funds
2025
£
953,130
70,917
25,171
42,939
11,523
1,103,680
Prior Year
Total Funds
2024
£
965,233
72,064
24,452
47,414
20,643
1,129,806		 Prior Year
Total Funds
2024
£
965,233
72,064
24,452
47,414
20,643
1,129,806

43

African Caribbean Community Initiative (A.C.C.I.)

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

29 Support costs for charitable activities

Current year
Current year
Current Year
Unrestricted
Funds
Restricted
Funds
2025
2025
£
£
Employee costs not included in direct costs
41,298
37,365
3,052
2,762
10,573
5,374
7,316
13,863
Premises Expenses
9,701
-
186
-
(1,628)
-
11,809
634
4,604
-
38,871
22,158
Administrative overheads
7,847
1,063
437
-
7,772
45
6,789
11,796
4,575
-
19,245
250
8,407
759
5,064
44,609
Professional fees paid to advisors other than the auditor or examiner
9,250
-
16,950
6,000
4,500
1,500
Financial costs
1,854
60
9,376
-
52
-
Support costs before reallocation
227,900
148,238
Total support costs - Current Year
227,900
148,238
The basis of allocation of costs between activities is described under accounting
Equipment,repairs,expenses and maintenance
Rates and water charges
Bank charges
Accountancy fees other than
examination or audit fees
Consultancy fees
Stationery and printing
Postage
Cleaning and waste management
Service charges payable
Rent and insurance
Travel and subsistence - staff
Light heat and power
Premises repairs, renewals and
maintenance
Training and welfare - staff
Employer's NI - Other salaries
Other salaries
Subscriptions to periodicals
Telephone, fax and internet
Software licences and expenses
Advertising and marketing
Bank interest payable
Sundry expenses
Depreciation & Amortisation in total for
the period
Other legal and professional		 Current year
Total Funds
2025
£
78,663
5,814
15,947
21,179
9,701
186
(1,628)
12,443
4,604
61,029
8,910
437
7,817
18,585
4,575
19,495
9,166
49,673
9,250
22,950
6,000
1,914
9,376
52
376,138
376,138
policies		 Prior Year
Total Funds
2024
£
51,042
4,018
39,157
24,321
9,701
109
7,831
10,627
6,041
56,557
9,006
47
10,798
1,397
1,146
11,742
14,948
39,625
8,744
15,750
15,321
2,119
9,149
38
349,234
349,234

44

African Caribbean Community Initiative (A.C.C.I.)

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

Prior Year
Prior Year
Prior Year
Unrestricted
Funds
Restricted
Funds
2024
2024
£
£
Employee costs not included in direct costs
Other salaries
28,752
22,290
Employer's NI - Other salaries
2,263
1,755
Training and welfare - staff
18,183
20,974
Travel and subsistence - staff
7,231
17,090
Premises Expenses
Service charges payable
9,701
-
Rates and water charges
109
-
Light heat and power
1,700
6,131
Cleaning and waste management
10,344
283
6,041
-
Rent and insurance
28,729
27,828
Administrative overheads
Telephone, fax and internet
7,506
1,500
Postage
44
3
Stationery and printing
10,711
87
Subscriptions to periodicals
1,397
-
Software licences and expenses
1,146
-
Advertising and marketing
11,676
66
Sundry expenses
8,726
6,222
6,490
33,135
8,744
-
15,750
-
10,900
4,421
2,059
60
-
-
9,149
-
38
-
207,389
141,845
207,389
141,845
The basis of allocation of costs between activities is described under accounting
Financial costs
Consultancy fees
Bank interest payable
Depreciation & Amortisation in total for
the period
Other legal and professional
Total support costs - Prior Year
Support costs before reallocation
Professional fees paid to advisors
Equipment,repairs,expenses and
maintenance
HMRC interest
Accountancy fees other than
examination or audit fees
Bank charges
Premises repairs, renewals and
maintenance		 Prior Year
Total Funds
2024
£
51,042
4,018
39,157
24,321
9,701
109
7,831
10,627
6,041
56,557
9,006
47
10,798
1,397
1,146
11,742
14,948
39,625
8,744
15,750
15,321
2,119
-
9,149
38
349,234
349,234
policies

45

African Caribbean Community Initiative (A.C.C.I.)

Detailed analysis of income and expenditure for the year ended 31 March 2025 as required by the SORP 2015

30 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
31 Total Charitable expenditure
Current Year
Total direct spending
B2a
Total support costs
B2d
Total Governance costs
B2e
Losses on disposals of fixed
assets
Total charitable expenditure
B2
Prior Year
Total direct spending
B2a
Total support costs
B2d
Total Governance costs
B2e
Losses on disposals of fixed
assets
Total charitable expenditure
B2
Wages and salaries
Employer's NI		 Current year
Unrestricted
Funds
2025
£
4,620
3,390
303
8,313
Prior Year
Unrestricted
Funds
2024
£
4,260
3,847
354
8,461
Current year
Unrestricted
Funds
2025
£
583,256
227,900
8,313
-
819,469
Prior Year
Unrestricted
Funds
2024
£
602,704
207,389
8,461
-
818,554		 Current year
Restricted
Funds
2025
£
-
3,067
274
3,341
Prior Year
Restricted
Funds
2024
£
-
2,983
275
3,258
Current year
Restricted
Funds
2025
£
520,424
148,238
3,341
-
672,003
Prior Year
Restricted
Funds
2024
£
527,102
141,845
3,258
-
672,205		 Current year
Total Funds
2025
£
4,620
6,457
577
11,654
Prior Year
Total Funds
2024
£
4,260
6,830
629
11,719
Current year
Total Funds
2025
£
1,103,680
376,138
11,654
-
1,491,472
Prior Year
Total Funds
2024
£
1,129,806
349,234
11,719
-
1,490,759		 Prior Year
Total Funds
2024
£
4,260
6,830
629
11,719
Prior Year
Total Funds
2024
£
1,129,806
349,234
11,719
-
1,490,759

46

African Caribbean Community Initiative (A.C.C.I.)

Activity analysis of Income and expenditure for the year ended 31 March 2025

This analysis is classified by activity and not by conventional nominal descriptions.

32 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		 2025
£
1,156,950
68,801
1,225,751
1,225,751
12,688
3,776
1,242,215
16,464
1,225,751
1,242,215		 2024
£
1,382,375
62,420
1,444,795
1,444,795
28,200
4,857
1,477,852
33,057
1,444,795
1,477,852

47

African Caribbean Community Initiative (A.C.C.I.)

Activity analysis of Income and expenditure for the year ended 31 March 2025

33 Analysis of charitable expenditure by activity

Direct costs
2025
£
Other charitable activities
Direct costs
1,103,680
-
Premises expenses
-
Administrative overheads
-
Professional fees
-
Financial costs
-
Losses on disposals of fixed assets
-
1,103,680
Direct costs
2025
£
Total Other charitable activities
1,103,680
-
1,103,680
Total Other charitable activities
Total Governance costs as detailed
in Note 30
Employee costs not included in
direct costs
Activity
Total charitable expenditure
Summary of charitable costs by activity		 Support
costs
2025
£
-
121,603
86,335
118,658
38,200
11,342
-
376,138
Support
costs
2025
£
376,138
11,654
387,792		 Grant
funding of
activities
2025
£
-
-
-
-
-
-
-
-
Grant
funding of
activities
2025
£
-
-
-		 Total
2025
£
1,103,680
121,603
86,335
118,658
38,200
11,342
-
1,479,818
Total
2025
£
1,479,818
11,654
1,491,472		 Total
2024
£
1,129,806
118,538
90,866
88,709
39,815
11,306
-
1,479,040
Total
2024
£
1,479,040
11,719
1,490,759

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 31

Analysis of support and governance costs by charitable activities

Activity Governance
Finance
Human
Other
Total
Resources
Overheads
Other charitable activities £
£
£
£
£
11,654
11,342
121,603
243,193
387,792

48

African Caribbean Community Initiative (A.C.C.I.)

Activity analysis of Income and expenditure for the year ended 31 March 2025

34 Analysis of non charitable expenditure by activity

Governance costs
Other Expenditure - Governance costs as detailed in Note 30		 Governance
costs
2025
£
11,654		 Governance
costs
2024
£
11,719

The breakdown of this expenditure by type of spending (ie by nominal classification and by fund) is detailed in note 30

49