EMBRACE UK COMMUNITYSUPPORT CENTRE IA Company Limited by Guarantee) No.. 4216772 REGISTERED CHARITY NUMBER 1087526 TRUSTEES REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024
EMBRACE UK COMMUNITY SUPPORT CENTRE IA Company Ilmlted by guarantee) Contents Pag& Legal and Adminislralivg Information Trustees. Report 2106 Auditors Repori lo the TIuslee$ 7109 Slalement ol Financial Activities 10 Balance Sheet Cash Flow Slatetnenl 12 Notes to the Finanoial Slalements 131017
EMBRACE UK COMMUNITY SUPPORT CENTRE IA Company limitèd by guarantee) Directois and Trustees.. Grima Moges Ichairl Plerce Kanyayi Tsiko Timothy Kudakwahe Frank Secretary and Chief Exeeutlve Alem Gebregiwol Comp8ny Registration Number 42157722 Charity Registralion NuTllber 1087526 Registered Officè Selby Centre Selby Road London N176JL Auditors Liles Morris Ltd Chartered Accounlanls & Slalulory Auditors First Floor 80 Coombe Road Surrey KT3 4QS Bankers CAF Bank Limlted 25 Kings Hlll Avenue Kings Hlll West Malling Kent ME19 4JQ Nal West Bank 14 The Broadway London N22 6BZ Webs1te ww.embr8¢ uk.or Page 1
EMBRACE UK COMMUNITY SUPPORT CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustees (who are also the directors) present their report and the audited financial statements of the charitable company for the year ended 31 March 2024. OBJECTS AND ACTIVITIES The principal activities of the company are set out in the objects of the charity as detailed in its Memorandum and Article of Association. This is'to promote any charitable purpose for the benefit of disadvantaged groups including migrants, refugees and asylum seekers by the advancement of education, the protection of health and the relief of poverty. sickness and distress,. The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in planning future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set. The charity managed a number of projects throughout the year namely, Advice and Support Project IHousing Related Support, Money and Debt and Welfare Benefit Advices], Volunteering Opportunities, NEAR Partnership, and Sexual Health Promotion services and Home Care Services. With regards to the Home Care Services, this year is the seventh full year of the provision of this service. The organization received its accreditation from the London Borough of Haringey, which now also includes London Borough of Enfield, London Borough of Islington and North Central London CCG to provide this service to vulnerable people. For the year under review the organization managed to secure funding totalling £1.04m to provide this service. The charity is the main provider of the Community Sexual Health Service in the London Borough of Haringey through Community Based Outreach and Health Promotion Services and manages Primary Prevention Service that includes undertaking of, Chlamydia and Gonorrhoea Screening. The charity also manages the Secondary Prevention Services that includes Community Support Service and Newly Diagnosed Pregnant Women Support service that support people living with HIV. We have also worked closely worked in partnership with other Voluntary and Community Organisations. In this regard, the charity has achieved its objectives for the year by the provision of information, advice and guidance on housing, welfare benefits, money and debt., health related issues such as mental health and sexual health particularly Primary and Secondary HIV prevention and awareness, education and training, and provided opportunities for volunteering. The charity trustees consider all activities and projects as highly significant in the circumstances of the charity as a whole.
EMBRACE UK COMMUNITY SUPPORT CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 VOLUNTEERS The charity relies on the contribution of volunteers made to each of its projects. The charity manages around 15 volunteers. They are attached to individual projects managed by the charity. Most volunteers contribute to the Sexual Health Project particularly designed for people living in the London Borough of Haringey. They contribute widely to primary prevention outreach programmes. Some also contribute to the other projects, administration and reception work. All volunteers assigned to work with Home Care Service with regard to Management and Administration have gone through the Disclosure and Barring Service (DBS) and have a clearance certificate. The amount of hours they contribute is equivalent to 2 full time workers. The charity gives induction, full training and support and supervision to all its volunteers. They are managed by project co- ordinators that they are attached to. They also benefit from different projects managed by the charity and use the service as any other seNice users. All volunteers are University students, college students, unemployed people, single mothers, single fathers and older migrants including people living with HIV. The charity is happy to provide reference to volunteers at the time of securing paid employment elsewhere andlor joining education institutions and as the need arises. In addition to this, Certificate of Appreciation for their contribution is also to be provided. We also provide Placement for University students that we work closely with such as London Metropolitan University. WORKING PARTNERS The charity works closely with different charitable organisations, community based organisations, education institutions and statutory and government department for the purpose of service delivery and influence policy on national and local basis. Some of the organisations that work with us closely include; Home Office, Metropolitan Police, Local Authorities, Department for Work and Pension (DWP), Bridge Renewal Trust, Refugee Council, College of North East London (CONEL), and a number of local schools, African Health Policy Network (AHPN), Advice UK, Central and North West London (CNWL) NHS Trust Terrace Higgins Trust, (THT), One Voice Network, (OVN), which is a network involving 13 different organisations, Positively UK, Positive East, UK Cab . London Boroughs of Haringey, Enfield, Islington, Barnet, 'Proud to Care, North London. Embrace UK is also represented in the Strategic Forums such as, Haringey Council Housing Related Support BME Forum, Haringey Voluntary Sector Forum, Haringey Voluntary Sector Partnership, Advice Providers Forum, Haringey Adult Service Providers Forum, North Central London {NCL) Home Care Providers Forum, Local GPS, Haringey CCG Network, and others.
EMBRACE UK COMMUNITY SUPPORT CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW The total Incoming Resources for the year amounted to £1,077,566 (2023.. £1,318,381). Of this amount £1,071,160 (2023.. £1,311,210) was derived from Incoming Resources from Charitable Activities and the balance of £6,406 (2023.. £7,171) being from Bank Interest Received Donations and Miscellaneous Income. The Resources Expended, representing Charitable Activities Expenditure in the year, amounted to £1,214,216 {2023.' £1,297,788}. Included within the Charitable Activities Expenditure is the Governance Cost. This amounted to £17,493 (2023: £16,147). The net result of the above is a net outgoing of resources of £136,650 (2023.. net incoming of resources £20,593), which gives a reserves carried forward figure of £608,151. At the year end the charity held funds of £608,151 (2023 '. £744,801) of these £475,636 (2023 £628,387) are restricted. Fixed assets net value amounted to £nil (2023.. £nil). PLANS FOR FUTURE PERIODS The charity plans to expand its activities and continues to design more projects based on the needs assessment of its service users and in accordance with its aims and objectives. For this reason, the charity will continue to rely on fundraising from the central government, local government and other charitable trusts for future periods. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Embrace UK Community Support Centre for the purpose of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations. Company law requires the trustees to prepare financial statements for each financial year. Under that law the trustees must prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.
EMBRACE UK COMMUNITY SUPPORT CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently- b) observe the methods and principles in the Charities SORP., make judgments and accounting estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements., and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue to operate. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. d) The trustees confirm that so far as they are aware, there is no relevant audit information (as defined by section 418(3) of the Companies Act 2006) of which the charitable company's auditors are unaware. They have taken all the steps that they ought to have taken as trustees in order to make themselves aware of any relevant audit information and to establish that the charitable company's auditors are aware of that information. The trustees confirm that they have properly discharged their responsibilities in accordance with the above. As far as the directors are aware at the time the report is approved there is no relevant audit information of which the company's auditors are unaware, and the directors have taken all the steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. STRUCTURE AND GOVERNANCE The company is a company limited by guarantee and has charitable status. Its governing document is its Memorandum and Articles of Association. The charity appoints Directors in its Annual General Meeting held every year. The appointed Directors have job descriptions and induction, and training is provided to them in order to help them understand about the charity and its decision making process.
EMBRACE UK COMMUNITY SUPPORT CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 Policies and procedures are adopted and included in the trustee induction pack. These include, Equal Opportunities Policy, Confidentiality Policy, Conflict of Interest Policy and Procedure, Financial Policy and Procedure, Appraisal and Supervision policy, Training and Development Policy and Risk assessment and Management Policy. Trustees meet 4 times a year [once every quarter]. The current trustees are listed in the Company Information. Trustees delegate day-to-day responsibility to implement operational and strategic plans to the Executive Director. The charity manages its exposure to unanticipated changes in funding and other risks through its risk management process. This involves identifying the types of risks the charity faces, prioritising them in terms of potential impact and likelihood of occurrence and identifying means of mitigating the risks. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charity. The trustees actively review the major financial risks faced by the charity. They have also examined other operational and business risks faced by the charity. Systems have been established to mitigate risks. RESERVES Trustees have a contingency plan in place in recognition of the need for the charity to have sufficient reserves to cover for any unanticipated future losses or funding shortfalls. The trustees aim to increase the level of unrestricted reseNes to provide a buffer against any possible reduction in funding or similar problems like the above. APPROVAL This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies, exemption. This report was approved by the board on 12 December 2024 and signed on their behalf. Alem Gebrehiwot Company Secretary
INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF EMBRACE UK COMMUNITY SUPPORT CENTRE IA company Ilmlted by guaranteg) Oplnlon We have audited the finanoial slaletnenls of Embrace UK Community Support Centre Ilhe 'charilable company'l for the year ended 31 March 2024 whleh comprise the Slatemenl of Financial Aclivilies, Balance Sheet. Cash Flow Statement and notes lo the finanelal slatements, including a summary ol slgnlficanl aecounllng pollcies. The financial reporting fiamework Ihal has been applied in their preparation appllcable law and United Kingdom Accounting Standards, including Financia1 Reporting Standard 102 The Flnanclal Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounling Praclicel. In our opinlon, the financial statements= give a true and lair view ol the slate of the eharltable company's affairs as al 31 March 2024 and of ils inoorning resouioes and appllcallon ol resources, including its incorne and expenditure, for the year then ended", have been properly prepared in accordance with Unlled Klngdom Generally Accepted Accounting Praclice., and have been prepared accordance with Ihe requirements ol the Companies Act 2006. Basls for oplnlon We conducted our audit in accordance th International Standards on Auditing IUKIIISASIUKI and appllcable law. Our iesponsibilllies under those standards are further described in the Audiloi's responsibllltles for the audit of the financial statements section of our report. We are indepondent of the charitable company in accordan with Ihe ethical requ1mentS Ihat are relevant to Qui audit ol the financial statements in the UK, including FRC'S Elhic81 Standard, and we have fulfilled our other ethical responsibilities in accordance with these iequiretnenls. We believe that the audit eviden we have oblained is sufficient and appropiialo lo provld@ a basis for our opinion. Concluslons relatlng to golng concern In audiling Ihe financial 8laletnenls. w8 have conduded Ihal the Iruslees. use of the going concefn basis of accounting in the prepaialion of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo even15 or conditions that, indivldually or collectively, may 851 slunificanl doubl on the enlily's ability lo oonllnue as a going concern lor a period of at least twelve months from when the financial slalemenls ale aulhorised lor issue. Our responsibilities and the responsibilities ol the Iiustees with respect lo going conrn ar6 described in the relevant sections of lis rtlport. other Informatlon The other information comprises the inloTmation Induded in the annual report other than the financial sl8lemenls and our auditoi's report Ihereon. The trustees are responsible foi the other infoitnalion eonlalned withln Ihe annual report. Our opinion on Ihe financial slalemenls does not cover the other inlormalion and, excepl lo the extent olherwise explicitly staled in our iepori, we do not express any form of assurance conclusion Ihereon. our responsibility os lo read the other information and, in doing so, consider whether the oler inform8lion is materially inconsislenl with the financial statements or our knowledgo obtained iin the course ol the audit or otheiS8 appears to be malerially misstated. If we identify such material inconsistencies or apparent malerial rllisslalements, we are required lo determine whether thls gives rise lo a malerial misslalement in the finan¢i81 slalèments themselve5. If. based on th8 work we have perforrned. we conclude that Iheie is a m8181i81 misstatement of this other information, we are required lo report Ihal laol. We have nolhlng lo reporl in this regard. Oplnions on other matters prescrlbed by Companlas Act 2006 In our opinion, based on th8 work undertaken In the course of the audit.. the infotmalion glven In the trustees, report, which includes the directors, report prepared for company law purposes, lor the financial year for which the flnanclal statements are prepared is consislenl with the financial slatemenls,. and Ihe directors, report included within the trustees, report has been prepared in accordance with applicable legal requlrements. Matters on whleh we are requlred to report by 8XCaPtlon In lighl of the knowledge and undeislanding of the charitable company and ils enviionmenl obtain8d in the course of Ihe audit, we have not idenlllled material misslalernenls in the Ttuslees. report. W6 have nothing to repori in respect of the following matters in relation lo which the Companles Act 2006 requires us to report lo you. il in our opinion.. Page 7
INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF EMBPACE UK COMMUNITY SUPPORT CENTRE Icontlnuedl MatteTS on which we aro r8qulrèd lo report by exceptlon Icontlnuedl adequate accounling records have nol been kept,. 01 the financial slalemenls are not in agreement with the accounting records and returns.. or certain disclosures of Tiuslees, remuneralion specifiedby law are not made., or we havè not recelved all the information and explanalion8 we require for our audit.. or the Truslees were not enlitled to prepare the financial slal8tnenls in accoidanTr wth the small companies regime and take advantage ol the small companles, exemption In preparing the Trustees report and frorn the iequiremenl lo prepare a strategic repori. Rèsponslbllltlas of th• trustèas As explained more fully in Ihe Iruslees responsibili11È5 slalemenl set out on page 4. the trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible lor the preparation of the financi81 slalemenls and foF beTrng satisfied that they give a true and lair view, and for such internal control as the IIu51ees delermlne is necessary to enable the preparation of financial slalemenls that 8ie free frotn material misstatement, whether due to fraud or error. In preparing the financlal slaletnenls, the trustees are responsible for assessing the charitable company's ability lo conllnue as a going concern, disdosing, as applicable, matters related to going concern and using the going concern basis of accounling unless Ihe trustees either intend lo liquid8le the charitabl8 company or lo ase operations or have no iealislic allemalive bul lo do so. Audltorfs responslbllltles for the audlt of the financlal statèmants Our objectives are lo obtain reasonable assurance about whether Ihe financial slatements as a whole are free from mateii81 tnissl8lemenl, whether due lo fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee th81 an audit conducted in accordance wilh ISAS IUKI will always delecl 3 material tnisslalemenl when il exists. Mi8Stalemenls can arise from fraud or error and are considered malellal il. indivldually or In aggregate, they could reasonably be expected lo influence the economic deoisions of users taken on Ihe basis of these financial stalemenls. Extant to whlch our procedures are capable of d9tgCting irr8gularlt18S Irregularities. including fraud. are instances of non-compliance with laws and regulalions. We identified and assessed th& risks ol tnalerlal mlsstatement of Ihe financial statements from iiregul8rilies. whether due lo fraud or error, and dlscussed Ihese belween our audit team member5. At the planlling stage of the audit, we galn an understanding of the laws and regulations which apply to the Society and how man8gemenl seek lo comply with Ihem. This helps us lo make 8ppiopiiale iisk assesstnenls. We focus on laws and regulalions that could give iise lo 8 material misslatemenl in the financlal statemenls. including bul not limited lo, the Companies A¢1 2006, Charities Act 2011 and Charities SORP IFRS 1021. Misstatgmenl du8 to mat•rlal rlsks Materlal risks are those matters that, in our professional ludgment, were ol most significance in our audit of the financial slalemenls of the current period. They include the mosl significant risks of material misstalernenl Iwhelher or not due to Iraudl we identified, including Ihose which had the greatest effecl on.. the overall audit strategy, the allocallon of resources in the audit,. and dlrecting the efforis ol the engagement team. These mallers were addressed In the context ol our audit of the financial stalemenls as a whole. and in foitning our oplnion thereon, and we do not provide a separate opinion on these matters. We identified the followng risks Ihat we believe have had thè greatest impact on audit strategy and scope.. Risk Area Mana emenl Override ol Controls Auditin9 Standards require us lo communicate the fraud risk from management overiide of controls as signiflcant. Management Is In a unlque posilion lo perpetrate fraud be¢8us9 of their ability lo manlpulate accounting records and prepare Iraudulenl financial statements by oveiriding controls that olherwise appear lo be operaling effectively Page 8
INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF EMBRACE UK COMMUNITY SUPPORT CENTRE Icontlnuedl How we addressed the risk In assessing the risk that accounting records and the financial statements are materially mlsslated through Tnanagement overiiding controls, we have performed the following procedures.. We tested journals and other tians8clions and evaluated whether there was evidence of bias by Management Ihal represented a risk of tnaleiial misslalemenl due lo fraud. We vIewed bank transactions Ihroughoul the year and slnce Ihe year end for material and round sum amounls and evidenced Ihgse back to appropriate documentation and aulhorisatlon. We reviewed the completeness and reastsnableness of accounting eslimates We checked the consistency and appropriateness of accounting policies and disclosures in the financial 81aletnenls. Our oonclusion Overall, we are satisfied that Ihe accounting reeords and financial slalements are free from rnalerlal misstalement in this respect. Risk Area Misslatemenl of incom Auditing Standards require u5 to the risk from income misstatmenl as significant. How we addressed the rtsk We considered if the accoun11ng policies in respect of Income are appropiirale We tested how income has been recognised in the accounls including across the year end We tested the ¢ompleleness of inooTne Our conclusion Overall. we are satlsfied Ihal the accounting records and financlal slalemenls are free from rnaterial misslalement in this respect. Mlsstatement due to fraud We 8sses5 the risk of maleii81 mlsstalemenl in the financial statement5 includlng as a result of fraud and undertake procedures includlng.. Review of controls set in place by management., Enquiry of management as to whelher they consider fraud or other irregularities may have o¢curred or where such opportunily might exist.. Challenge of management assumptions with regard lo accounllng eslim8les', and Idenlifioation and lesling of journal entries, particularfy those which may appear to be unusual by Size or nalure. There are inherent lirnilalions of an audit. hence there Is a risk that we wlll nol delecl all irregularities, including those lead1ng lo a materi81 mlsstalemenl in the financial stalemenls, or non-compliance with regulation. This risk increases the more that Complian with a law or regulation is removed from the events and Iransaclions reflected in the financial slatemenls, as we are less likely lo become aware ol instances ol r)on-cornpllance. The risk Is also greater regarding irregulaiilies occurring due to fraud rather than error. as fraud Involves intention81 oneealmenl, forgery, collusion, omission or misrepresentation. A further dè5eriplion of our responsibilities for the 3udlt of the financial slalements is located on the Financial Reporting Council's website al.. https.'IINwM.Irc.org.uklaudllorSSponsIb1Il1IeS This description forms part ol our auditor's report. Use of OUT report This report is made solely lo the charitable cotnpanrfs members, as a body, in accordan wlh Chapter 3 01 Part 16 01 the Companies Act 2006. Our audil work has been undertaken so that we mlght stale to the charitable cornpanls rnembers those matters we are required to slate lo them in an audil0rf5 r8port and lor no other purpose. To the fullest extent permitted by law, we do nol accept or assume respor)sibilily lo anyone other than the charitable company and the charitable Gompany's member8 as a body, lor our audit work, lor Ihis report, or for the opinions we have forrned. Allson Sanderson FCA Senior Statutory Auditor, for and on behalf ol Liles Morris Ltd Charteied Accounlanls & Sl8lulory Audilors 1st Floor, 80 Coombe Road, New Malden, Surrey, KT3 4QS 12 December 2024 Page 9
EMBRACE UK COMMUNITY SUPPORT CENTRE IA company Ilmlted by guaiant891 Statement of Financial Actlvltles Ilncorporates the Income and Expenditure A¢¢ounti For the year ended 31 March 2024 Unrèstrlcttd Restrlcted Funds Funds Total Funds 2024 Total Funds 2023 Notes Incoming Resourcas Voluntary Income: Donations 200 200 Invostmènt Income Bank Interest 784 784 550 In¢omlng resources from charitable aclivlties-. Giants lo provide charitable 220,000 32,405 252,405 278,928 Contracts for Ihe provision of services 818,755 818,755 1,032,282 other incoming re30urc88 5,422 5,422 6.621 Total Incomlng resources 1.045,161 32,405 ,077,5 1,318.381 Rgsourc•s Expended.. Charilable activities 1.197,912 16.304 1,214.216 1,297.788 Total resourc85 èxpènded 1,197,912 16,304 1.214.216 1,297,788 Net Incomelloutgoingi Rèsourcas before transfers Transfeis between lunds 1152.7511 16.101 113S.6S01 20,593 Net movement in fund51Nat Incom81 lexpenditurel for the year Balance brought forward at 1 April 2023 628.387 116,414 744,801 724,208 Balance Carrl¢d Forward 10 475, 132,515 608,151 744, The notes on pages 13-17 forrv part of the accounts Page 10
EMBRACE UK COMMUNITY SUPPORT CENTRE IA company limited by guarantèè) Balance Sheet at 31 March 2024 Company No: 4215772 Notes 2024 2023 Flxed Assets Tangible 3ss&ls Current Assels Debtors Cash al bank and in hand 285,780 346,819 632,599 324,939 441,364 766.303 Less Creditors: Amounts falllng due within onè yaar N8t Current Assets 124.448 21,5021 608,151 744.801 Total Assets Less Current Liabilbties 608,151 744,801 N8t Assots 608,151 744,801 Funds Rèstrlcted funds Unreslricled funds 10 10 132,515 475.636 116,414 628,387 Total Funds 10 608,151 744,801 The financial slalemènls are prepared in accordance wilh the special piovisions applicable lo companies subjecl lo the small companies gIMe. These financial slaternenls were aulhorised by the Trustees on 12 Dember 2024, and were signed on their behalf by.. Girma Moges ChalrmanlTrust?g The notes on pages 13-17 form part of the accounts Page11
EMBRACE UK COMMUNITY SUPPORT CENTRE IA company limited by guarantee) CASHFLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Net cash inflowlloutllowl from operatlng actlvltles 195.3291 135.5711 Returns on investmants and servicing of flnance 784 550 Increaselldecreasel in cash In the perlod Reconclllation of nèt cash flow to movemant In not debt Increaselldecreasel In cash in the period Movèment In net debt in thè pèrlod Cash and Cash Equivalènts at the stsrt of th• Year 441,364 194,5451 476,385 135,0211 Cash and Cash Equlvalents at th8 and of the Year 346,819 441.364 AI RECONCILIATION OF THE NET IOUTGOINGIIINCOMING RESOURCES TO NET CASH INFLOWIIOUTFLOWI FROM OPERATING ACTIVITIES 2024 2023 Net loulgoingl I Incoming resources Depre¢i81ion charges Intèrest received IlncreasellDecieas8 in debtors IDecreaselllncie8se in creditors Fixed Assets Additions Net tash Inflowllourflowl from operatlng activitlas 1138,6501 20,593 369 15501 161,2451 5,262 17841 39,159 2,946 BI ANALYSIS OF CASH FLOWS FOR HEADINGS NETTED 2024 2023 Rèturns on investm¥nts and servicing of flnance Interest received Nèt cash Inflow for raturns 784 784 550 550 CI ANALYSIS OF CHANGES IN CASH AND CASH EQUIVALENTS At 1.4.23 Cash flow Al 31.3.24 Net Cash.. Cash al bank 441364 346 819 Tol81 441 364 346 819 The notes on pages 13-17 form part of the accounts Page 12
EMBRACE UK COMMUNITY SUPPORT CENTRE IA company Ilmited by guarantee) Notes to the accounts for thè yèar ended 31 March 2024 Accountlng Policiès Basls of pieparation These financial statements have been prepared under the hlstorical cost convention. The financial slalemenls have beèn prepared in accordance with Ihe Accounllng and Reporting by Charities.. Slatemenl of Recommended Pracliee applicable lo charllies preparing IheiT accounls in accord8nce with the Financial Reporting Slandard applicable in the UK and Republic of Iie1and IFRS1021120191-IICharities SORP IFRS10211, the Financial Reporting Slandard applicable lo the UK and Republic of Ireland IFRS1021, and the Companles Acl 2006. The Charlty meets the definition ol a public benefit enlily under FRS102. Assels and liabilitles are initially recognised at hlstorical cost or transition value unless otherwise stated in the relevanl accounting policy notelsl Going Concèrn The financial statements h8ve been prepared on a going concern basis. In arriving at this conclusion the Iru51ees have taken Into account any malerial uncertainties that may affect the charlty's ability to continue as a going concern. The period covered by Ihis assessment Is at a minimum level 0112 months from the dale ol Ihe approval of the accounts. After makin9 enquiries the Iiuslées have concluded that there is a reasonable expeclalion Ihal the charitable company has ad8quate resources lo continue in operational exlstence for the foreseeable future. The charltable company therefore Continues lo adopt the golng concern basis in preparing ils financigl statements. At the dale ol sign off, the Ttustees confirm there are no material uncertainties In felalion lo the golng conrn assumption. Ibl Incoming rèsources Voluntary income including donations, oifts and grants Ihal provide core funding or are ol a general nature are recognised where there is entillemelll. cértalnty of receipt 8nd the amount can be mèasured with sufficient realiabilily. Such income is onSy deferred when.. The donor specif1es that the grant or donalion must only be used in future accounting periods., or The donor has itnposed conditions whiGh musl be met before the charily has uncor)dilional entitlement. Investment inootne is recognised on 8 re¢elvable basis. Income from charilable activities Tndudes income received under contract or where entillemenl lo grant lundino is subject to speoific performance conditions is recognised as earned las Ihe iel8led goods or servioes are provided). Grant Income included In this category providès funding to support performan a¢livilies and is recognised where Ihere is enlillemenl, certainly of receipt and the arnounl can be measured with sufficient reliability. Resources expended R8sources expended are Included in the Slalemenl of Financial Acllvlties on the accruals basis inclusive of VAT which cannot be re¢ovBred. Charitable expendlture cornprises Ihose Cosls incurred by the charity in the delivery ol its activities and SerViS for ils beneficiaries. It inoludes both costs that can be allocated directly and those costs of an indlrect nature necessary lo support IheTh. Support costs are those costs incurred directly In support of expenditure on the objects ol Ihe charity and include project manaaemenl. Idl Tangible fixed assets and depr8clatlon Tangible fixed assels ale slated al cost less accumulaled depreci31ion. Depreciation is provided at rates calculated lo wiite off Ihe cost less residual value of each asset over ils expected useful life as follows.. Fixlures. fillings and equipment- 25% on c05t lel Funds structurè The charity has a number of Tesliicted income funds lo accounl lor situations where a donoi requires that a donation must be spenl on a particular purpose or where funds have been raised lor a specific purpose. All other funds are unreslrlcted funds. ifj Pènslons The charity operales a defined contribution scheme. Contributions lo Ihe scheme are based on applicable pension costs in the organisalion taken as a whole. The pension charge le[ded in the accounts Is the amounl of contributions payable in the accounting year. Page 13
EMBRACE UK COMMUNITY SUPPORT CENTRE IA company Ilmited by guaranteel Notes to the Accounts for thè year ended 31 March 2024 Debtors Trade and other debtors are recognlsed al the selllemenl amount due after any trade dlscounl offered. Prep8ymenls are valued al the amount prepaid net of any trade dlscounts due. Ihl Cash at bank and In hand Cash al bank and in hand includes cash and short term highly liquid investments in deposits OT similar accounts. Crgdltors and provisions Creditors and provisions are recognised where the charity has a present oblioalion re5ulling from a pasl event th81 will probably result in the transfer ol funds lo a Ihird party and the amount due lo sellle the obligation can be measured or estimated reliably. Creditors and provisions are normally reoognlsed at their selllemenl amount after allowing lor any trade dlscounls due. ui Tax status The oharily has suffered no lax charge. as il is not subject to UK Corporation lax on ils charitable aolivilies. Ikl Flnancial Instruments Cash and cash equlvalents Cash and cash equivalenls include cash at bank5 and in hand and short term deposits with a maturity dale ol three months or less. Debtors andcreditors Debtors and creditors receivable or payable within one year of the reporting date are c8iried at their al Iransadion price. Debtors and creditors that are recelvable or payable in more than one year and not subject to a rnarkel iale ol interest are rn8asured al Ihe present value of the expected future receipts or payment dlscounled at a rnarkel rate of inleresl. 21 Voluntary Income Unrestrlctgd Restrlcted funds funds 2024 Total 2023 Total Donations 200 200 200 200 31 Incoming Resources from Charltable ActlvltleS= Grants and Contractual Income Unrèstrlcted Restricted funds funds 2024 Total 2023 Total Haringey Public Health LB Haringey re Houslng Advice THT-Hardship Fund Selby Trust- HIVIAIDS Tiainlng HPE Partnership CNWL Projeol Home Care Services PrEP- Black Africans Community Oulie8ch Claremonl Corntnunlcalion 220,000 220.000 220,000 14,969 425 425 13,919 16.790 9,250 1.032.282 9,480 9,480 818,755 818,755 22,500 22.500 4,000 1038,755 32,405 1.071 160 1.311.210 Page 14
EMBRACE UK COMMUNITY SUPPORT CENTRE IA company Ilmlted by guarantee) Notès to tho Accounts for the year ended 31 March 2024 41 R?sourc6s Expended Charltable Actlvities Unrestricted Rastrletèd funds funds 2024 Total 2023 Total Health Advice and Support Projects Home Care Servlces Governan Costs IReler Note 51 198,225 4,419 11,885 202,644 207,802 11,885 27.340 982.194 1.046,499 17,493 16,147 982,194 17,493 1.197,912 16,304 1,214.216 1.297.788 51 Govèrnancè Unrestrictgd funds 2024 Total 2023 Total Auditors remuneralion Accountancy charges Management commillee expenses Legal & Profession81 Feès 6,600 7,076 1,200 2,617 17,493 6,600 7,076 1,200 6,000 6,528 169 16,147 Audil remuneration was paid to LilesM0rri5 Ltd. This amount above include5 VAT, the amount nel ol VAT is £5,50012023 £5,000) 61 Staff costs 2024 Total 2023 Total Wages and salaries Social security costs Pension costs 920,005 64,393 22,196 1,006,594 On6 employee received emoluments of tnore than £60,00012023.' 11. The trustees did not reoeive any remuneration in respecl of their role as trustee nor any expenses refunded. The average monthly number ol employees was 4512023.. 601. 1.fy)$,$04 67.232 25.267 1.101,003 Emlo ee MUneratIon in excess of £60 000.. Between £60.000 10 £70,000- No. of Employees Nil12023'. Nil) Between £70,000 10 £80,000- No. of Employees 112023.- 11 The key managemenl personnel of the ch8rily cornprise the Truslees and the Chief Executive Offlcer. The total employee benefits of the key rnanagement personnel of the charity were £73,735. Flxed Assets Flxtures, Flttlngs & Equlpment Total Cost Al 1 April 2023 Additions in year At 31 March 2024 Depreciation Al 1 Aprll 2023 Charge for the year At 31 Maich 2024 Nel Book Value 31 March 2024 & 2023 15,537 15.537 15,537 15.537 15,537 15,537 Net Book Value 31 M8rGh 2023 369 369 Page 15
EMBRACE UK COMMUNITY SUPPORT CENTRE IA company Ilmited by guarantee) Notes to the Accounts for the yèar ended 31 March 2024 81 Debtors 2024 2023 Trade debtors Olher debtors Prepaymenls Accrued income 151,676 141,460 32.159 7.603 143,717 324.939 5.064 129.040 285,780 Credltors: Amounts due wlthln one year Trade Creditors Olher Taxalion and Soclal Security Other Creditors and Accruals 6,013 5,798 18,435 101 Analysls of A5Sèts and Llabllltles between Funds Unr6strlcted Restrictèd Funds Funds 2024 Total Net Current Assels 475,636 475,636 132,515 132,515 608.151 608.151 Unrestricled Restricted Funds Funds 2C123 Total Nel Current Assets 628,387 628 387 116,414 116,414 744,801 744,801 Datalls ol funds Health To provide primary and secondary communily sexual health prevention seryices. Provlslon of other health related services. Advice and Su ort Pro ecls Housing related support Sei¢S and vulnerable people reselllement proor3mmm¢. Home Care Servlces Provision of Home Care SeNices lo vvlnerable adults 121 Related Parties There wfyie no transactions wlh Related Partles in either 2024 or 2023. Page 16
131 COMPARATIVE SOFA EMBRACE UK COMMUNITYSUPPOR T CENTRE IA ¢omp8ny limiled by guaranleel statement ofFinanci8lActivities Ilnwrporates Ihe Income and Expendiltsre Accounlj For Iheyearended 31 Maroh 2023 Unrestricted Designated Funds Funds Resliicted Funds Tolal Funds Noles 2025 Incoming Resources Volunlary Income.. Donalions Inveslmenl Income Bank Inleres 550 550 In¢oming resources from charilable 8¢1ivities.' Gr&nls loprovid8 chaiilable actwilies Govemment Grants- Job Retent Scheme Olherincoming resourGes Total incoming resourres 1.252,282 58,928 1.311.210 6.621 1,259.453 6.621 1.378.381 56.928 Resources Expended.. Charilable aGliwts8S 1.266, 162 31.626 1.297.788 Tolalresoufces expended 1.266. 162 31,626 1,297,788 Net Incomel(Oulgoing1 Resources before Ir8nsfrrs -6. T09 27.J02 20.593 Net rtvement in fund&Plet inGome/ lexpendilure) forlhe year Ba18nce broughl lonvard at Dt Apnl 2024 635.096 89.112 724.208 8alanGe C8meclFwd 628.387 116.474 744.801 Page 17