## \ andCoventryMigrantRefugeeCentre Rebuilding Lives. Enabling Integration 

THE COVENTRY REFUGEE AND MIGRANT CENTRE {formerly The Coventry Refugee Centre) 

## FINANCIAL STATEMENTS 

FOR THE YEAR ENDED 31ST MARCH 2024 

Charity number: 1090123 Company number: 04291931 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## CONTENTS 

|Legal and administrative information|1|
|---|---|
|Report ofthe Directors/Trustees|2|
|Report ofthe Auditor|9|
|Consolidated Statement of Financial Activities|11|
|Balance Sheet|12|
|Consolidated statement ofcashflows|13|
|Notes to the Financial Statements|14|
|The following pages do not form part of the Financial||
|Statements:||
|TheDestitutionFund|28|





THE COVENTRY REFUGEE AND MIGRANT CENTRE (Formerly The Coventry Refugee Centre) 

## LEGAL AND ADMINISTRATIVE INFORMATION 

## FOR THE YEAR ENDED 31ST MARCH 2024 

|TRUSTEESANDDIRECTORS:|Tim Godwin||(Chair until 25 July2024)|
|---|---|---|---|
||Kamran Munir||(Chairfrom 25 July2024)|
||Dr David Knibb|||
||Ranvinder Kaur|||
||Tia Ao||(resigned 25 July2024)|
||Tom Fisher|||
||Cllr. Randhir Auluck|||
||Furrukh Aslam|||
||Cllr. RupinderSingh|||
||Cllr. Tariq Khan||(resigned 24 July 2023)|
||ElizabethWendy Booth|||
||Cllr. Marcus Lapsa|||
||Cllr. Agboola Seyi||(appointed 27 July2023)|
||Toni Soni||(appointed as directoronly 25 July 2024, resigned 10|
||||December2024)|
|JOINT MANAGEMENT TEAM:||||
||Toni Soni||Centre Directorand Company Secretary|
||Jackie Capitani||Housing Manager|
||Philliph Hollasch||Lingo Links/HR Manager|
||Hazel King||Immigration Manager|
||Lenka Vrskova||Finance/IT Managerand Company Secretary (from 25 July|
||||2024)|
||Geoffrey Mann||Head ofService Delivery|
||Carmen Pop||Community Integration and Education Manager|
||Alyssa Swinney||Combatting Destitution Manager|
||Caroline Higgins||Head ofOperations|
||Dimitri Kafizas||Advice Services Manager|
|LINKED CHARITY:|The Coventry Destitution Fund (Charity number: 1080123-1)|||
|REGISTERED OFFICE:|Norton House|||
||Bird Street|||
||Coventry|||
||CV1 5FX|||
|AUDITORS:|Harrison Beale|&Owen (HB&QO)||
||CharteredAccountants& StatutoryAuditors|||
||Seven Stars House|||
||1 Wheler Road|||
||Coventry|||
||CV3 4LB|||
|BANKERS:|Virgin Money Bank|||
||7-11 High Street,|||
||Coventry|||
||CV15SB|||



1 



THE COVENTRY REFUGEE AND MIGRANT CENTRE (Formerly The Coventry Refugee Centre) REPORT OF THE DIRECTORS/TRUSTEES 

## FOR THE YEAR ENDED 31ST MARCH 2024 

The Trustees/ Directors present their report and the audited financial statements for the year ended 31st March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity. 

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of lreland published in October 2019. 

## Our background 

The Coventry Refugee and Migrant Centre (CRMC) is a charitable company limited by guarantee, established in 2001 under a Memorandum of Association, to assist the growing numbers of Asylum seekers, refugees and migrants arriving in Coventry. 

Our work began in 2000 when a group of kind individuals wanted to help in assisting in meeting the needs, relieving hardship and vulnerability of refugees and migrants in Coventry. We remain to this day, a values-led organisation that still operates based on the same, decision-making principles. 

In 2010, the Board of Directors considered the future needs of the charity and directed that the strategy for sustainability should be through developing social enterprise, rather than utilising solely public funding. In 2011, CRMC Trading Ltd was created, with the organisation being the sole shareholder, and that any surplus generated helped to support the charity in general. 

## Together, they constitute the CRMC Group. 

Both entities share the same principles and ethos, which drives our strategic direction and culture. These were accepted by both Boards separately and have been incorporated into the daily operations of both entities. 

## Our Vision 

To be a hub of excellence for refuges and migrants enabling them to feel safe, supported and empowered to rebuild their lives free from persecution. 

## Our mission is simple: 

To meet the needs of refugees, asylum seekers and migrants in Coventry and raise awareness of issues facing this client group. 

## Our Structure 

## The Board 

The Charity Board is constituted by 11 Trustees, each limited to a guarantee of £1 in the event of the charity being dissolved. The Trustees are also directors of the company and constitute the Board of Directors. 

Directors are recruited and appointed according to the needs of the charity and bring a wide range of skills. On appointment, they are offered a thorough induction, allowing them to meet all key staff and departments, giving them a comprehensive picture of the organisation. 

Individual Trustees also sit on a range of different groups, including the Finance and General Purposes Committee and the Phase Two Estates. This process provides a strong Board presence in the making of strategic decisions of the members. Individuals are also linked to specific departments that align with their skills sets, to enhance knowledge attributes and aid the achievement of objectives. 

## The Senior Management Team 

The Centre Director is in essence the Head of the organisation and manages a team of 4 staff, namely a Head of Fundraising and Business Development, a Head of Service Delivery, a Head of Operations, a Finance Manager and an HR Manager. 

They form the Senior Management Team (SMT) and have responsibility for the leadership and strategic management of the organisation including Board direction. 

2 



# THE COVENTRY REFUGEE AND MIGRANT CENTRE (Formerly The Coventry Refugee Centre) 

## REPORT OF THE DIRECTORS/TRUSTEES 

## FOR THE YEAR ENDED 31ST MARCH 2024 

## The Delivery Teams 

The Group employs approximately 74 people in both full and part-time roles and attracts an average of 85 volunteers at any given time. Staff and volunteers are equally valued and are regularly involved in forums with management to resolve long term operational issues and discuss strategies. 

The Group has an anti-discriminatory approach, with representation from several marginalised groups within employees, volunteers and trustees and community groups taking account of the requirements of the Equality Act. The Senior Management Team work cooperatively with a union who represent several employees and operatesa policy of honest and open communication with employees and volunteers, in all reasonable circumstances. 

Many operational decisions are taken by the Senior Management Team, with appropriate delegation to other staff members. The Board adopts the Strategic Plan, which serves as the key strategic and planning document for CRMC, including regular operational reports and risk analysis. Major strategic decisions, annual budget setting, and policy adoption are managed by the Board. Additionally, the Board receives a bi-monthly Centre Director's report that addresses key strategic issues and solutions in alignment with the strategic plan. 

## Objectives and activities 

We aim to make our client's feel: 

- 1) Supported and relieved from hardship and distress. 2) Empowered to rebuild and take control of their lives and to fulfil their potential. 3) Integrated, settled and safe. 

## Our achievements for 2023/24 

Over the past year, our primary objective was to identify alternative sources of funding, particularly to replace the Social European funding that was due to expire in December 2023. We successfully secured approximately £75,000 from the National Lottery's Cost-of-Living fund, which was available from January 24 to March 2024. Notably, a portion of this funding could be applied retrospectively. 

In addition, we were able to obtain approximately £90,000 per annum for two years from the Integrated Care Body for the Mental Health Outreach Service. This funding, along with the National Lottery's cost of living support, was instrumental in preserving several jobs following the disbandment of the Integrated Coventry Service. Where job retention was not feasible, staff redundancies were implemented as part of our efficiency savings program. 

In response to changes in Home Office policy, which resulted in more favourable decisions for clients from certain designated countries, we seized the opportunity to expand our supported accommodation. 

Simultaneously, we secured another year’s funding from Warwick County Council. This funding will ensure the continuation of our Outreach work, which operates in hostels across Warwickshire. 

As part of our ongoing commitment to service improvement, we continually review our services to address any gaps where a clear need is evident. This approach ensures that we are always ready to adapt and respond to the changing needs of our clients. 

As a result of the efficiency measures, most of our departments are self-sufficient. In instances where demand exceeds capacity, we have submitted multiple funding applications to address these needs and are currently awaiting the outcomes. 

Our ongoing collaboration with other charities, third sector organisations, and statutory services continues to effectively meet the needs of migrants both within the city and beyond. For instance, our work in Warwickshire showcases the partnership between CRMC and Warwick County Council. Additionally, we are in discussions with Ashley Community Housing and Coventry City Council to establish a new project aimed at clients who are work-ready or employed but unable to afford high rents in supported exempt accommodation. 

3 



THE COVENTRY REFUGEE AND MIGRANT CENTRE (Formerly The Coventry Refugee Centre) 

## REPORT OF THE DIRECTORS/TRUSTEES 

## FOR THE YEAR ENDED 31ST MARCH 2024 

## Our achievements for 2023/24 (continued) 

Coventry City Council has concluded their review, and we successfully submitted our tender by the end of March 2024. There has beena slight increase in the grant, and the council has amalgamated the former core grant and Resettlement grant into a single entity, now known as the Empowering Community's Integration Grant. 

The cost-of-living crisis and high inflation have increased our expenditure by approximately 5% on utilities and premises. Where possible, we have recuperated these costs through Housing Benefit; the remaining costs will be covered from our reserves. 

CRMC Trading Limited, established in August 2011, has developed social enterprises that reflect the demand for services and the needs of our client communities, aligning with the primary purpose of the parent charity. Initially, one social enterprise was developed, but we now have two: 

- e Lingo Links - Translation and Interpretation Services e = Spring Action - Cleaning Company 

In the last Trustees’ report, Spring Action reported a small loss, which has now been turned into a profit. Despite the profit and loss fluctuations, these enterprises, along with Immigration, contributed £41,153 towards CRMC’'s overheads. Although Immigration also reported a small loss this year, a revised pricing strategy is yielding positive results. 

The Board of Directors has adhered to the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and planning future activities. 

4 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) REPORT OF THE DIRECTORS/TRUSTEES 

## FOR THE YEAR ENDED 31ST MARCH 2024 

## Financing our charitable activities 

## Income Overview 

The majority of our primary revenue streams have demonstrated consistent performance over the past year, with the exception of the ‘Integrate’ Coventry project, which concluded in December 2023; 1. The income sources that remained steady throughout the year include the Combating Destitution Project, Health Champions, and ESF Connect 2. In this year, grants from Coventry City Council, including the core grant and resettlement (previously referred to as Syrian), Ukraine for homes, and the rough sleepers project, constituted 20.25% of our total income. Our Head of Fundraising and Business Development has submitted numerous proposals to Foundations and Trusts. This area of work is becoming increasingly competitive. Regrettably, we are still awaiting the results of some bids, and some have not received support. 

Revenue from CRMC Trading Ltd accounted for 3% of the total group income in 2024. 

## Risk management 

The Board of Directors acknowledges the significance of managing the risks faced by the charity and maintains a risk register to facilitate continuous review and monitoring of ongoing risks. They receive frequent reports from the Senior Management Team on all potential risks and the strategies implemented to mitigate or reduce them. Open communication encourages Directors to discuss potential external risks with the Senior Management Team. 

## Financial review 

The Board of Directors continues to monitor CRMC’s performance as well as any external factors that may impact upon the organisation's status. 

Forecasts have been generated for the period up to 31st December 2025, indicating that the charity and its subsidiary will have sufficient resources to maintain operational existence for the foreseeable future. For these reasons, they continue to adopt the going concem basis in preparing the annual report and accounts. The organisation has now reached a position where 3.5 months of operating costs are held in reserves. This offers the organisation more stability and financial security than it has previously had. 

## Reserves Policy 

The board of Directors/Trustees are responsible for maintaining an adequate level of reserves to meet contingencies and, in the event that the Charity is no longer viable, to pay all outstanding wages, redundancy pay and other creditors. 

In November 2021 the Board of Directors/Trustees reviewed and approved a new Reserves Policy. 

The Reserves Policy is to hold a minimum of three months of operating expenses in Reserves (defined as the sum of General Reserves net of Fixed Assets plus Designated Reserves). The intention is to protect the organisation's services, its infrastructure, and the continuing employment of skilled staff from short term income shocks and to be able to invest in unbudgeted or strategic growth opportunities that may become available. 

Ordinarily, reserves should not exceed six months of operating costs. In the event this occurs, the board will give consideration of the best use of excess reserves. In certain circumstances the board may decide to hold a larger amount 

The Board of Directors/Trustees may decide at any point to transfer any or all the designated income to the General Reserves if itis considered appropriate to maintain the organisation as a going concem. This would take account of any external events that are beyond the control of the organisation that may have an adverse effect on operations. 

## Fundraising 

Whilst the charity does incur some expenditure in respect of fundraising activities, these are considered to be on a very small scale and do not form part of the charity’s principal activities. The charity neither participates in publicly marketed fundraising events nor in the active soliciting of donations from members of the general public. Accordingly, the charity is not registered with the Fundraising Regulator, although the trustees will keep the situation under review. 

5 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) REPORT OF THE DIRECTORS/TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 

## Pay policy for senior staff 

The pay of the senior staff is reviewed by the board (at least annually) and normally increased in line with average earnings or review against performance objectives. In view of the nature of the charity, the trustees benchmark against pay levels in other regional charities of a similar size. If recruitment has proven difficult in the recent past a market addition may also be paid. 

## The Future 

## Government Initiatives 

In the forthcoming year, our organisation is prepared to navigate a complex landscape marked by substantial shifts. The cessation of socio-economic funding from Europe, coupled with a change in the UK government's policy that places a high priority on asylum seeker support and net migration, will undoubtedly influence our operational strategies. We are proactively assessing the potential impacts of these changes on our charity’s mission and services. 

In addition to supporting asylum seekers, the government has introduced measures to tackle net migration, including: 

- e = Tightening visa requirements e Increasing minimum salary thresholds for skilled workers e Restricting the ability of certain visa holders to bring dependents 

These steps aim to reduce the overall number of migrants entering the UK, ensuring that migration levels are sustainable and do not overburden public services. 

Furthermore, the government is committed to creating more safe and legal routes for people to claim asylum in the UK. This includes: 

- e Expanding resettlement schemes, such as the UK Resettlement Scheme and the Community Sponsorship Scheme e Consulting with local authorities to determine an annual cap on the number of refugees resettled. 

These efforts aim to provide vulnerable individuals with a secure pathway to seek protection while ensuring that the UK can adequately support and integrate them. It is still early to determine how these plans will unfold and how they will relate to our organisation. 

## Secured Funding 

We have successfully secured the Core Grant and Resettlement Grant for three years, now rebranded as Empowering Communities. Additionally, we have extended the funding for the Homes for Ukraine and Rough Sleepers Project for an additional year. However, the latter will no longer encompass an outreach role for rough sleepers but will solely fund the acquisition of four bed spaces. 

## Strategic Initiatives 

The Board of Directors and the Senior Management Team are steadfast in their commitment to advancing our social enterprise strategy and developing models that will enable our delivery units to achieve full self-sufficiency. We are equally dedicated to identifying new funding opportunities from grants and donors. The departure of the Head of Operations and the Head of Fundraising and Business Development presents us with an opportunity to reassess these roles and transition the costs from our reserves, which are currently financing these roles, to the funding that we currently receive. This may necessitate delaying the recruitment for one of these roles until our revenue has rebounded. As a temporary measure, a Trustee with extensive fundraising experience will collaborate closely with the Fundraising Officer and Centre Director to ensure continuity of this function without immediately filling the Head of Fundraising and Business Development role. 

6 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE {formerly The Coventry Refugee Centre) 

## REPORT OF THE DIRECTORS/TRUSTEES 

## FOR THE YEAR ENDED 31ST MARCH 2024 

## 2024/25 Initiatives 

We plan to explore several initiatives through a blend of existing activities and future developments: 

1. Ongoing review of current services and reconfiguration to adapt to changing needs. 2. Continuous review and development of a fundraising strategy that aligns with our core organisational objectives and focuses efforts where clear gaps can be evidenced, or a business case can be made to demonstrate innovation or best practice in the sector that will attract additional funding. 

3. Staying updated with new and existing funding opportunities to either replace funding for existing work strands nearing their end or create new work strands that demonstrate needs. 

4. Generate more business opportunities in our social enterprise to ultimately increase revenue. 5. Sustained investment in our staff, volunteers, and Trustees to ensure they possess the appropriate skills, tools, technology, and training to perform their roles to an excellent standard in both office and home environments. 

6. Continued review of HRin line with the reduction in staff. 7. Review of IT functions. 8. Raising awareness of our client group and responding to any government policy that may adversely impact our client group. 

9. Monitoring progress against KPIs for all funding initiatives. 10. Continually reviewing the pricing strategies for Spring Action, Immigration, and Lingo Links considering the increased operating and staffing costs 

## Trustees' responsibilities statement 

The trustees (who are also directors of the Coventry Refugee and Migrant Centre for the purposes of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

Company law requires the trustees to prepare financial statements for each financial year. 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. In preparing these financial statements, the trustees are required to: 

- . select suitable accounting policies and apply them consistently. . observe the methods and principles within the Charities SORP. ° make judgements and estimates that are reasonable and prudent. . state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. 

- prepare the financial statements on an ongoing concem basis unless it is inappropriate to presume that the charitable company will continue in operation. 

The trustees are responsible for keeping adequate accounting records that 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in otherjurisdictions. 

7 



THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## REPORT OF THE DIRECTORS/TRUSTEES 

## FOR THE YEAR ENDED 31ST MARCH 2024 

## Trustees’ responsibilities statement (continued) 

In so far as the trustees are aware: 

. there is no relevant audit information of which the charitable company’s auditor is unaware; and * the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information. 

The Trustees’ Annual Report has been prepared in accordance with the special provisions of the Companies Act, relating to small entities. 

## Third party indemnity provision for trustees 

Qualifying third party indemnity provision is in place for the benefit of all trustees of the group. 

In approving the Trustees’ Annual Report, we also approve the Directors’ report included therein, in our capacity as company directors. 

The Report of the Directors/Trustees has been prepared in accordance with the special provisions of the Companies Act, relating to small entities. 

Approved by the Directors and signed on their behalf by: 

Kamran Munir — Chair of Trustees 

Date: 16 December 2024 

8 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF THE COVENTRY REFUGEE 

## AND MIGRANT CENTRE 

## FOR THE YEAR ENDED 31ST MARCH 2024 

## Opinion 

We have audited the financial statements of The Coventry Refugee and Migrant Centre (the ‘parent charitable company’) and its subsidiary (the ‘group’) for the year ended 31 March 2024 which comprise the Consolidated Statement of Financial Activities, the Consolidated Balance Sheet, the Consolidated Statement of Cash Flows 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: 

- e give a true and fair view of the state of the group’s and parent charitable company's affairs as at 31 March 2024, and of the group's incoming resources and application of resources, including its income and expenditure, for the year then ended; 

- e have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- e have been prepared in accordance with the requirements of the Charities Act 2011. 

## 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 group and parent charitable company 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 we have fulfilled our other ethical responsibilities in accordance with these requirements. 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 group's or charitable company’s ability to continue as a going concem 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 Report of the Directors/ Trustees, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the Report of the Directors/Trustees. 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. 

## Matters on which we are required to report by exception 

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion: 

- e the information given in the financial statements is inconsistent in any material respect with the Report of the Directors/Trustees; or 

- e the parent charitable company has not kept adequate accounting records; or 

- e the financial statements are not in agreement with the accounting records and returns; or 

- e we have not received all the information and explanations we require for our audit. 

9 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF THE COVENTRY REFUGEE 

## AND MIGRANT CENTRE FOR THE YEAR ENDED 31ST MARCH 2024 

## Responsibilities of trustees 

As explained more fully in the trustees’ responsibilities statement set out on pages 7 and 8, the trustees (who are also the directors of the parent charitable company for the purposes 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 group's and parent charitable company’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 group or parent 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 

We have been appointed as auditor under section 151 of the Charities Act 2011 and report in accordance with this Act. 

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. 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: 

The audit process includes an assessment of the entity's and group’s risk environment, through enquiry of and discussion with management and those charged with governance, including an assessment of any key laws and regulations with which the group and parent charitable company must comply in the ordinary course of its operations. 

Additionally, the overall risks of irregular transactions occurring are assessed following our observations and confirmation of the design and implementation of management's controls. Whilst we are mindful of these risks, our audit focus is geared towards the risk of material misstatement in the financial statements as a whole. 

As such, our procedures cannot guarantee that all transactions have been fully compliant with all relevant laws and regulations, including those regulations relating to fraud, as our procedures are not designed to detect all instances of non-compliance. By definition, the risk of our detection of non-compliance is greater where compliance with a law or regulation is removed from the events and transactions reflected in the financial statements. The risk is also greater regarding irregularities due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. 

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: httos://www.frce.org.uk/auditors/audit-assurance/auditor-s-responsibilities-for-the-audit-of-the-fi/description-of-theauditor’s-responsibilities-for. This description forms part of our auditor's report. 

## Use of our report 

This report is made solely to the charitable company’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company’s trustees those matters we are required to state to them in an auditor's 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 trustees as a body, for our audit work, for this report, or for the opinions we have formed. 

4s 4 Apwniidn { ( Harrison Beale & Owen Limited Seven Stars House 1 Wheler Road Coventry West Midlands CV3 4LB 

## Date: 16 December 2024 

Harrison Beale & Owen Limited is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006. 

10 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (incorporating an Income and Expenditure Account) 

## FOR THE YEAR ENDED 31 MARCH 2024 

|||Unrestricted|Restricted|2024<br>Total|2023<br>Total|
|---|---|---|---|---|---|
||Note|2024|2024|||
|||£|£|£|£|
|Income and endowments||||||
|from:||||||
|Charitable activities|2|710,595|2,024,574|2,735,169|2,815,236|
|Social Enterprise activities|3|278,004|-|278,004|262,799|
|Investments|4|34,643|-|34,643|12,054|
|||1,023,242|2,024,574|3,047,816|3,090,089|
|Expenditure on:||||||
|Charitable activities|5|762,833|2,011,057|2,773,890|2,708,167|
|Social Enterprise activities|6|245,870|23,543|269,413|236,818|
|Governance costs||-|9,500|9,500|9,000|
|||1,008,703|2,044,100|3,052,803|2,953,985|
|Net income/(expenditure)|7|14,539|(19,526)|(4,987)|136,104|
|Transfers between funds|15,16,27|(53,532)|53,532|-|-|
|Netmovement infunds||(38,993)|34,006|(4,987)|136,104|
|Reconciliation offunds||||||
|Totalfunds broughtforward||1,186,182|(52,335)|1,133,847|997,743|
|Totalfundscarriedforward||1,147,189|(18,329)|1,128,860|1,133,847|



The Consolidated Statement of Financial Activities includes all gains and losses in the year. All incoming resources expended derive from continuing activities. 

11 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2024 

||||Group|||Charity||
|---|---|---|---|---|---|---|---|
||Note|2024||2023|2024||2023|
|||£||£|£||£|
|Fixed assets||||||||
|Tangible assets|11|95,574||119,911|85,913||111,731|
|Investments|12|-||-|100||100|
|||95,574||119,911|86,013||411,831|
|Current assets||||||||
|Debtors|13|301,069||426,783|285,265||414,540|
|Shortterm deposits||544,649||614,231|544,649||614,231|
|Cash at bank and in hand||380,014||264,596|369,694||256,260|
|||1,225,732||1,305,610|1,199,608||1,285,031|
|Creditors: Amounts falling due||||||||
|within oneyear|14|192,446||291,674|182,488||286,939|
|Netcurrent assets||1,033,286||1,013,936|1,017,120||998,092|
|Net assets||1,128,860||1,133,847|1,103,133||1,109,923|
|Funds||||||||
|Unrestricted funds|15|1,147,189||1,186,182|1,121,462||1,162,258|
|Restricted funds|16|(18,329)||(52,335)|(18,329)||(52,335)|
|Totalfundscarriedforward||1,128,860||1,133,847|1,103,133||1,109,923|



For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies but as this company is a charity, it is subject to audit under the Charities Act 2011. 

## Directors’ responsibilities: 

- e The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006; 

- e The directors acknowledge their responsibilities for complying with the requirements of the Acts with respect to accounting records and the preparation of accounts. 

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. 

The financial statements were approved and authorised for issue by the Board on 16 December 2024. 

Kamran Munir, Chair of Trustees 

Charity number: 1090123 Company number: 04291931 

The notes on pages 14 to 27 form part of the financial statements. 

12 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## CONSOLIDATED STATEMENT OF 

## CASHFLOWS 

## FOR THE YEAR ENDED 31 MARCH 2024 

||||2024|2023|
|---|---|---|---|---|
|||Note|£|£|
|Cash generated byoperating activities||19|17,948|(15,300)|
|Cash flowfrom investing activities|||||
|Interest received|||34,643|12,054|
|Purchaseoftangible fixedassets|||(6,755)|(19,966)|
|Cash used in investing activities|||27,888|(7,912)|
|Increase incashand cashequivalents|||45,836|(23,212)|
|Cash andcash equivalents at 1 April|||878,827|902,039|
|Cash andcash equivalents at31 March|||924,663|878,827|
|Analysis ofchanges in netfunds|||||
||At 1 April||Cash|At 31 March|
||2023||Flows|2024|
|Net cash|£||£|£|
|Cash atbankand in hand|878,827||45,836|924,663|
|Bank overdrafts|-||-|-|
||878,827||45,836|924,663|



13 




**----- Start of picture text -----**<br>
THE COVENTRY REFUGEE AND MIGRANT CENTRE<br>(formerly The Coventry Refugee Centre)<br>**----- End of picture text -----**<br>


## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31 MARCH 2024 

## 1. Accounting policies 

## (a) Company Information 

The Coventry Refugee and Migrant Centre is a charitable company limited by guarantee incorporated in England and Wales. The registered office is Norton House, Bird Street, Coventry, West Midlands CV1 5FX. 

- (b) Basis of preparation 

The consolidated financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice. 

The financial statements are prepared in Sterling, which is the functional currency of the company. Monetary amounts in the financial statements are rounded to the nearest £. 

({c) Basis of consolidation The consolidated financial statements incorporate those of The Coventry Refugee and Migrant Centre and its subsidiary, CRMC Trading Limited. 

(d) Incoming resources Voluntary income, including donations, gifts and grants that provide core funding or are general nature, are recognised where there is entitlement, certainty of receipt and the amount can be measure with sufficient reliability. Such income is only deferred when: 

e The donor specifies that the grant or donation must only be used in future accounting periods; or e The donor has imposed conditions which must be met before the charity has unconditional entitlement. 

Investment income is recognised on a receivable basis. 

Income receivable from charitable activities include income receivable under contract. Where entitlement to grant funding is subject to specific performance conditions, income is recognised when the related goods or services are provided. 

- (e) Volunteers and donated services and facilities The value of services provided by volunteers is not incorporated into these financial statements. 

- (f) Resources expended Expenditure is recognized on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be recovered, and is reported as part of the expenditure to which it relates. 

Expenditure on charitable activities comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. 

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity. 

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating property costs by areas or per capita, staff costs by the time spent and other costs by their usage. 

- (g) Fund accounting 

Unrestricted funds are available for use at the discretion of the Trustees in the furtherance of the general objectives of the charity. 

- e Designated funds are unrestricted funds earmarked by the Trustees for particular purposes. 

e Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. 

14 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE 

(formerly The Coventry Refugee Centre) 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31 MARCH 2024 

## 1. Accounting policies (continued) 

## (h) Capitalisation and depreciation of tangible fixed assets 

IT equipment costing less than £500 per individual item is written off in the period of acquisition. All other equipment is capitalised at cost. Depreciation is provided on all tangible assets at rates calculated to write off the cost over its estimated useful life as follows: 

Leasehold improvements - 10% Straight Line 

Computer equipment - 3 years Office equipment - 3-10 years 

- {i) Operating leases The rentals payable on operating leases are charged ona straight line basis over the lease term. 

- {j) Going concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. 

- (k) Financial instruments Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at the present value. 

- (1) Employee benefits When employees have rendered service to the charity, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. 

   - The charity operates a defined contribution pension plan for the benefit of its employees. Contributions are expensed as they become payable. 

Redundancy/termination payments are charged to the SoFA in the period to which they relate, once there is a legal or constructive obligation to make the payment. 

## (m) Tax 

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. As such, it does not have liability to corporation tax in the course of its normal charitable activities. 

- (n) Critical accounting estimates and judgements To be able to prepare financial statements in accordance with FRS 102, the charity must make certain estimates and judgements that have an impact on the policies and the amount reported in the annual accounts. The estimates and judgements are based on historical experiences and other factors including expectations of future events that are believed to be reasonable at the time such estimates and judgements are made 

15 



THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31 MARCH 2024 

## 2. Income from Charitable Activities 

||Unrestricted|Restricted|Totalfunds|Totalfunds<br>(as restated)|
|---|---|---|---|---|
||2024|2024|2024|2023|
||£|£|£|£|
|Therapeutic|-|92,976|92,976|191,633|
|Destitution|-|33,266|33,266|28,420|
|CCC Grant|-|387,752|387,752|387,752|
|CRMC|109,127|-|109,127|110,960|
|CDA Accelerate|-|-|-|46,941|
|Advocacy Services|-|88,047|88,047|53,974|
|Integration Project (formerly|-|104,280|104,280|92,768|
|Syrian Integration)|||||
|Homes for Ukraine|-|49,853|49,853|49,853|
|Warwickshire County Council|-|51,920|51,920|22,845|
|Men’s Group|-|-|-|6,000|
|Refugee Housing Project|601,468|-|601,468|443,198|
|Combatting Destitution/ rough|-|285,778|285,778|335,092|
|sleepers|||||
|Health Champions|-|-|-|23,481|
|Refugee Action|-|-|-|3,000|
|UIA|-|-|-|(24,019)|
|Arts Council|-|27,538|27,538|27,000|
|Integrate Coventry|-|739,588|739,588|955,426|
|ESF Employment—Connect 2|-|45,930|45,930|58,912|
|Soutergrant|-|-|-|2,000|
|Cost of living fund|-|74,977|74,977|-|
|HARP Project|-|11,250|11,250|-|
|ESOL|-|31,419|31,419|-|
||710,595|2,024,574|2,735,169|2,815,236|
|2023 comparatives comprise unrestricted funds of£443,198 and restricted funds of£2,372,038.|||||
|3. Incomefrom Social Enterprise Activities|||||
||Unrestricted|Restricted|Totalfunds|Totalfunds|
||2024|2024|2024|2023|
||£|£|£|£|
|Lingo Links/Trading Company|90,717|-|90,717|83,706|
|Cleaning<br>&CRMC Trading|187,287|-|187,287|179,093|
||278,004|-|278,004|262,799|



## 3. Income from Social Enterprise Activities 

2023 comparatives comprise unrestricted income of £262,799. 

16 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## NOTES TO THE FINANCIAL STATEMENTS 

FOR THE YEAR ENDED 31 MARCH 2024 

## 4. Income from Investments 

||Unrestricted|Restricted|Totalfunds|Totalfunds|
|---|---|---|---|---|
||2024|2024|2024|2023|
||£|£|£|£|
|Interest|34,643|-|34,643|12,054|
||34,643|-|34,643|12,054|



2023 comparatives comprise restricted income of £12,054. 

## 5. Resources expended for Charitable Activities 

||Direct costs|Support<br>Costs|Totalfunds|Totalfunds<br>(as restated)|
|---|---|---|---|---|
||2024|2024|2024|2023|
||£|£|£|£|
|Therapeutic|121,166|15,752|136,918|125,620|
|Destitution|33,157|-|33,157|22,022|
|CCC Grant|384,668|24,712|409,380|379,291|
|CRMC|172,924|17,252|190,176|108,539|
|CDA Accelerate|-|-|-|54,320|
|Advocacy Services|80,311|12,047|92,358|71,983|
|Integration Project|87,290|13,093|100,383|89,642|
|Homes for Ukraine|41,452|6,218|47,670|31,528|
|Warwickshire County Council|32,702|8,175|40,877|12,849|
|Men’s Group|-|-|-|7,768|
|Refugee Housing Project|469,107|70,507|539,614|409,502|
|Combatting Destitution|217,909|54,459|272,368|379,501|
|Project/Rough Sleepers|||||
|Health Champions|-|-|-|34,158|
|UIA|-|-|-|623|
|Arts Council|53,061|-|53,061|4,896|
|Integrate Coventry|608,132|94,261|702,393|912,012|
|Refugee Action|-|-|-|5,894|
|ESF Employment— Connect 2|44,417|6,662|51,079|67,019|
|Cost of living fund|75,420|-|75,420|-|
|HARO Project|3,907|586|4,493|-|
|ESOL|21,342|3,201|24,543|-|
||2,446,965|326,925|2,773,890|2,717,167|



Included within the above are governance costs of £9,500 (2023: £9,000). 

17 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31 MARCH 2024 

## 6. Expenditure on Social Enterprise Activities 


**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|Direct|cost|Support|cost|Total funds|Total|funds|
|2024|2024|2024|2023|
|£|£|£|£|
|Lingo|Links/Trading|Company|88,913|-|88,913|64,626|
|Cleaning|& CRMC|Trading|156,957|23,543|180,500|172,192|
|245,870|23,543|269,413|236,818|

**----- End of picture text -----**<br>


## 7. Net (expenditure)/income is stated after charging/(crediting): 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|2024|2023|
|£|£|
|Depreciation|31,092|32,163|
|Auditors’|remuneration|9,500|9,000|
|Operating|lease|
|'|'|
|buildings|— land and|33.500|33.500|
|Release of deferred|capital|grant|(6,072)|-|

**----- End of picture text -----**<br>


## 8. Staff costs 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|Total funds|Total|funds|
|2024|2023|
|£|£|
|Wages|and|salaries|1,772,749|1,695,255|
|Social|security|costs|149,124|141,658|
|Pension|costs|33,761|31,619|
|1,955,634|1,868,532|
|Average|number of employees of employees employees|54|68|

**----- End of picture text -----**<br>


## Average number of employees of employees employees 

No employee earned £60,000 or more per annum (2023 — none) 

18 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31 MARCH 2024 

## 9. Taxation 

A tax liability of £54 (2023 - £42) arose in relation to the trading company. No liability to UK corporation tax arose on ordinary activities in the Charity for the years ended 31 March 2024 and 31 March 2023. 

## 10. Trustees’ Remuneration and Expenses 

No trustees received remuneration in the year ended 31 March 2024 (2023 - £nil). 

No trustee was reimbursed travelling expenses in the year ended 31 March 2024 (2023 - £nil). 

## 11. Tangible Fixed Assets 

Group 

||Leasehold<br>Improvements<br>£|Computer<br>Equipment<br>£|Office<br>Equipment<br>£|Total<br>£|
|---|---|---|---|---|
|Cost:|||||
|As at 1 April 2023|173,350|76,924|65,334|315,608|
|Additions|:|6,160|595|6,755|
|As at31 March 2024|173,350|83,084|65,929|322,363|
|Depreciation:|||||
|As at 1 April2023|88,775|61,789|45,133|195,697|
|Charge foryear|15,848|10,351|4,893|31,092|
|As at 31 March 2024|104,623|72,140|50,026|226,789|
|Net book value:|||||
|As at31 March 2024|68,727|10,944|15,903|95,574|
|As at31 March2023|84,575|15,135|20,201|419,911|
|Charity|||||
||Leasehold<br>Improvements<br>£|Computer<br>Equipment<br>£|Office<br>Equipment<br>£|Total<br>£|
|Cost:|||||
|As at 1 April 2023|173,350|64,883|60,175|298,408|
|Additions|-|-|-|-|
|As at 31 March 2024|173,350|64,883|60,175|298,408|
|Depreciation:|||||
|As at 1 April2023|88,775|56,104|41,798|186,677|
|Charge foryear|15,848|5,788|4,182|25,818|
|As at 31 March 2024|104,623|61,892|45,980|212,495|
|Net book value:|||||
|As at 31 March 2024|68,727|2,991|14,195|85,913|
|As<br>at<br>$at31March2023|84,575|8,779|18,377|114,731|



19 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31 MARCH 2024 

## 12. Investments 

The charity purchased the entire share capital of CRMC Trading Limited (Company number: 07735270), 100 Ordinary shares of £1 each at par on its incorporation on 10 April 2011. CRMC Trading Limited’s principal activity is the creation of an environment in which socially responsible business can be developed. 

The company’s turnover for the year was £90,717 (2023 - £83,706) and its profit for the year was £1,805 (2023 - £19,080). 

## 13. Debtors 

|||Group||Charity|
|---|---|---|---|---|
||2024|2023|2024|2023|
||£|£|£|£|
|Grant/Contract income receivable|262,709|404,638|246,927|392,395|
|Prepayments and other debtors|38,360|22,145|38,338|22,145|
||301,069|426,783|285,265|414,540|



## 14, Creditors: amounts falling due within one year 

Group Charity 

||2024|2023|2024|2023|
|---|---|---|---|---|
||£|£|£|£|
|Taxation and social security|31,697|32,740|29,261|30,606|
|Trade and other creditors|51,961|60,882|38,533|48,937|
|Accruals<br>Deferred income|56,061<br>52,727|67,090<br>130,962|52,780<br>52,727|63,190<br>130,962|
|Intercompany|-|-|9,187|13,244|
||192,446|291674|182,488|286,939|



Deferred income above comprises amounts received in advance where the performance conditions of the grant have not been met or where the charity has agreed deferment with the funder. 

|||||Group||Charity|Charity|
|---|---|---|---|---|---|---|---|
||||2024|2023|2024||2023|
||||£|£|£||£|
|Balance at 1 April<br>Amounts released to incoming resources<br>Amounts deferred in year|||130,962<br>(94,485)<br>16,250|387,353<br>(344,797)<br>88,406|130,962<br>(94,485)<br>16,250||387,353<br>(344,797)<br>88,406|
|||—|52,727 _130,962__52,727|||_130,962||
|15. Unrestricted funds||||||||
||Balance at<br>1 April2023||Incoming<br>Resources<br>£|Resources<br>Expended<br>£|Transfers<br>£||Balance at<br>31 March2024<br>£|
|Undesignated funds:||||||||
|General fund|486,182||1,023,242|(1,008,703)|(53,532)||447,189|
|Designated funds:||||||||
|Refugee Housing Project|350,000||-|-||-|350,000|
|Contingencyfund<br>Repairs and operational fund|250,000<br>100,000||-<br>-|-<br>-||-<br>-|250,000<br>100,000|
|Totalunrestrictedfunds|1,186,182||1,023,242|(1,008,703)|(53,532)||1,147,189|



The designated funds and nature of the activities they support are described below: 

20 



THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31 MARCH 2024 

## 15. Unrestricted funds (continued) 

Refugee Housing Project 

This is a core activity of the charity, which deals with providing temporary accommodation and support to refugees and migrants who are homeless and have intensive support needs. Funds are maintained as cover against risks associated with the charity's unforeseen costs of this activity, including: Landlord’s fees, voids and/or bad debts, and repair and dilapidation related costs. 

## Contingency fund 

Represents a fund set up to absorb the ongoing running costs of the charity in the event of its closure or in the case of its activities being curtailed to an unforeseen degree. 

## Repairs and operational fund 

Represents a fund set up to cover day to day repairs and emergencies arising on the charity's office properties, IT and office equipment and in the event of significant operational cover arrangements being necessary. 

21 



THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31 MARCH 2024 

## 16. Restricted funds 

||Balance at 1|Incoming|Resources|Transfers|Balance at|
|---|---|---|---|---|---|
||April 2023<br>(as restated)|Resources|Expended||31 March 2024|
||£|£|£|£|£|
|Therapeutic|80,674|92,976|(136,918)|-|36,732|
|Destitution|46,094|33,266|(33,157)|-|46,203|
|CCC Grant|(187,068)|387,752|(409,380)|-|(208,696)|
|CRMC|(53,532)|-|-|53,532|-|
|CDAAccelerate|(1,209)|-|-|-|(1,209)|
|Advocacy Services|18,957|88,047|(92,358)|-|14,646|
|Integration project|5,840|104,280|(100,383)|-|9,737|
|Men's Group|4,400|-|-|-|4,400|
|Homes for Ukraine|18,325|49,853|(47,670)|-|20,508|
|Warwickshire County Council|9,996|51,920|(40,877)|-|21,039|
|Building Bridges|10,886|-|-|-|10,886|
|Health Champions|(7,714)|-|-|-|(7,714)|
|Combatting destitution/||||||
|rough sleepers|(37,246)|285,778|(272,368)|-|(23,836)|
|Islamic Relief|14,665|-|-|-|14,665|
|Refugee Action|12,106|-|-|-|12,106|
|UIA|(71,695)|-|-|-|(71,695)|
|AB Charitable Trust|800|-|-|-|800|
|World on the plate|(108)|-|-|-|(108)|
|UASC ESOL|(82)|-|-|-|(82)|
|Arts Council|18,733|27,538|(53,061)|-|(6,790)|
|Integrate Coventry|39,981|739,588|(702,393)|-|77,176|
|Refugee Action —RAP project|1|-|-|-|1|
|ESF Employment— Connect 2|(3,139)|45,930|(51,079)|-|(8,288)|
|Soutergrant|5,000|-|-|-|5,000|
|Cost of living fund|-|74,977|(75,420)|-|(443)|
|HARP Project|-|11,250|(4,493)|-|6,757|
|ESOL|-|31,419|(24,543)|-|6,876|
|Other— donation|23,000|-|-|-|23,000|
||(52,335)|2,024,574|(2,044,100)|53,532|(18,329)|



22 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31 MARCH 2024 

## 16. Restricted funds (continued) 

The Funds and nature of the activities they support are described below: 

## Therapeutic 

The therapy team offers a specialist mental health service for asylum seekers and refugees residing in Coventry and surrounding areas. Our team has been providing community based multi-cultural and multi-lingual counselling since November 2003, and non-verbal art therapy since 2015. 

## The Destitution Fund Coventry 

This is a special trust of the charity governed by a declaration of trust dated 28 September 2009 (Registered number 1090123-1) with the object of providing simple provisions such as food parcels, clothing, shelter, etc. for destitute people who have made a claim for asylum. 

## CCC and CRMC 

This Core Grant funds various departments. These include the Drop in Advice team that works with all migrants regardless of status that have an issue that they need assistance with. The Advice team is dependent on volunteers, so the core grant also pays for a volunteer coordinator. This team will also refer to other departments such as the Employment Team (partly funded by the Core Grant and helps clients into employment) and the Complex Needs team which supports the most vulnerable such as those fleeing domestic violence, victims of modern-day slavery, those with mental health issues, etc. The grant also covers a therapy administrator salary, HR admin and our IT/building maintenance person. Part of the Core Grant also pays for several hours of Immigration advice provided by the Immigration Department and contributes to support the Housing team. This fund is currently in deficit and its restoration back into surplus will be subject to future negotiations with Coventry City Council. The deficit has results from the level of funding remaining the same for the past 6 years without an uplift to take account of rising costs. We will be exploring other funding opportunities in the future to offset some of the costs. The deficit will be absorbed by the unrestricted funds surplus. 

## CDA Accelerate 

The Employment Project Manager role — for CDA - involves putting together successful processes for delivering employment support for service-users and committing to enhanced administrative obligations for the European Social Fund. The roles also include training team members to skill-sets tailored for supporting refugees and migrants; setting realistic and proven measures to complete deadlines on time; and implementing organisational policies and procedures to provide best direction for day-to-day operations. 

## Advocacy Services 

Our team delivers pro-bono confidential, independent, specialist, immigration and asylum advice and offer a fee-paying service whereby we represent clients originating from all nations making applications for leave to remain or further leave to remain in the UK under the UK Immigration rules. We also assist with applications for travel documents, overseas British passport applications and applications to become British as well as providing representation for those seeking to enter the UK. 

## Integration project 

Supports to build capacity and integrate clients who have been dispersed to Coventry through the VPRS and VCRC government schemes. There is a staff team of 4 persons to deliver the services. 

## Homes for Ukraine 

Support offered to help new arrivals from Ukraine to settle in Coventry as well as supporting the sponsors who have assisted them gaining entry to the UK. 

## Warwickshire County Council 

Housing related support offered to clients and their families placed in hotel accommodation in some of the districts of the county. 

23 



## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## NOTES TO THE FINANCIAL STATEMENTS 

## Men’s Group 

The Men's Group is a social group for all men (regardless of status), however, is mainly attended by the rough sleeper population. CRMC providesa light lunch, table tennis, pool, and access to IT. Occasionally we organise excursions. The fund pays for the hire of the premises, the staff cost, volunteer expenses, refreshments for lunch, equipment, and the trips. 

## Combatting Destitution/ Rough Sleepers 

The Combatting Destitution project supports destitute people with access to cash and non-cash support as well as case working; it also works more specifically with failed asylum seekers to help them to submit a fresh asylum claim with help to gather evidence being provided by a number of international detective agencies. Alongside our work with failed asylum seekers, the fund also provides them with housing, case work support and a small weekly allowance. Rough sleepers project is part of the Destitution project and provides accommodation and support predominantly to EU migrants to help them meet their treaty rights for pre settled, settled status. 

## Health Champions 

Health Champions is funded by Alan Edwards Higgs Charity and William Cadbury Trust. It mainly covers the cost of the Health Champions Coordinator salary and volunteers’ expenses on the project. This project trains and supports volunteers from within the local communities to provide health information and signposting to members of the community, as well as communicate the needs of their community to local health officials. 

## islamic Relief 

Islamic Relief is funding for the cost of one of our supported houses, our therapy counselling to destitute clients and partially funding for our immigration work as part of our Combatting Destitution project. 

## UIA 

Mi friendly Cities was a 3-year programme which was funded through UIA to support refugees and Migrants in the West Midlands. CRMC was 1 of 11 partners and our focus was on employability, developing social enterprises and raising awareness on prevalent health issues affecting our clients. CRMC also awarded a sum of money to create a community space at Norton House for co-working a place for support groups to meet as well as carry out community events. This fund is in deficit and the deficit will be recovered over the life of the project. 

## Arts Council 

Funds a day event, located across Coventry City Centre, Broadgate, and Shelton Square. The event includes live installations, exhibitions, cultural dance, food, and a main stage, hosting musicians, the employment of a Creative Producer and Events Coordinator, working alongside local Coventry groups, artists, creatives, and international artists. 

## AB Charitable Trust 

AB Charitable Trust funds the salary increment for CRMC Advice Services Team Leader and our Employment Team Leader. 

## UASC ESOL 

Provides English classes to unaccompanied asylum-seeking children 5 days a week for 2 hours each and include trips and socialisation skills. 

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# THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31 MARCH 2024 

## 16. Restricted funds (continued) 

## Integrate Coventry 

The Integrate Coventry project is led by Coventry Refugee and Migrant Centre in partnership with Foleshill Women's Training, Voluntary Action Coventry, Belgrade Theatre and Coventry City of Culture Trust. This project is part funded by the EU Asylum, Migration, and Integration Fund, making management of migration flows more efficient across the European Union. It is a two-year project from Jan 2021 — Dec 2022. The aim of the project is to help integrate refugees and other third country nationals to rebuild their lives in safety, becoming fully self-sufficient and establish themselves within the wider community in Coventry. This is achieved by providing one to one casework for participants assisting in a range of needs including housing, benefits, employment, and complex needs. Additionally, the project provides a range of other selfdevelopment interventions as part of an enrichment programme including counselling, ESOL classes, social and hobby groups, volunteering training and placements, cultural activities, information and advice, and guidance sessions. 

## ESF Employment — Connect 2 

Funds the employment support for service-users and committing to enhanced administrative obligations for the European Social Fund. 

## Cost of living (National Lottery Community Fund) 

Funds utilised to sustain and enhance our support services, extending our reach to clients experiencing significant hardship due to the rising cost of living. 

## The Health Access Refugee Programme (HARP) 

Funds commissioned by Coventry City Council, is a two-year pilot project funded by the integrated Care Board. Its purpose is to enable and empower refugees and asylum seekers to access health services by tackling health inequalities and removing barriers to health access. CRMC is a key partner in delivering this initiative. 

## ESOL (English for speakers of other languages) 

Fund secured from various funders to expand and enhance the charity's education department programme offerings. Notably, funding from the West Midlands Combined Authority will enable us to implement initiatives aimed at improving English proficiency for British National Overseas (BNO) clients, funding from Coventry City Council Children Department to support unaccompanied asylum-seeking children develop language skills, thereby facilitating their access to education, and aiding their integration into the local community, collaboration with Family Action, which works alongside Barclays Life Skills to deliver ‘English in daily life’ classes, and funding from a local business to deliver English classes for approximately 60 of their employees thereby demonstrating the charity's commitment to workplace integration and upskilling. This will play a crucial role in helping these individuals better integrate into society and access employment opportunities. 

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## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31 MARCH 2024 

## 17. Analysis of Net Assets between Funds 


**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|Fund|balances|at|31|March|are|.|
|represented|by::|Unrestrictedfunds|Restrictedfunds|Total2024 funds|
|£|£|£|
|Fixed|assets|95,574|-|95,574|
|Net|current|assets|1,051,615|(18,329)|1,033,286|
|1,147,189|(18,329)|1,128,860|

**----- End of picture text -----**<br>


## 18. Guarantees and Other Financial Commitments — Group and Charity 

Financial commitments under non-cancellable operating leases will result in the following payments falling due: 


**----- Start of picture text -----**<br>
|||||
|---|---|---|---|
|2024|2023|
|£|£|
|Land|and|buildings:|
|Within|one year|33,500|33,500|
|Within|one to five years|97,542|51,042|
|131,042|84,542|

**----- End of picture text -----**<br>


## 19. Reconciliation of net income to net cash flow from operating activities 


**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|2024|2023|
|£|£|
|Net movement|in funds|(4,987)|136,104|
|Interest|receivable|(34,643)|(12,054)|
|Depreciation|and|impairment of tangible|fixed|assets|31,092|32,163|
|Decrease|in|debtors|125,714|100,889|
|(Decrease)/Increase|in creditors|(99,228)|(272,402)|
|Net cash|flow from|operating|activities|17,948|(15,300)|

**----- End of picture text -----**<br>


## 20. Pensions and other post-retirement benefits 

The group and charitable company make contributions to defined contribution personal pension plans for the employees whereby payments are made to an insurance company independent from the finances of the group and charitable company. Contributions are charged to the statement of financial activities as and when incurred. The charge for the year was £33,761 (2023: £31,619). At 31 March 2024 £5,719 (2023: £6,899) was due to the scheme. 

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## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## NOTES TO THE FINANCIAL STATEMENTS 

FOR THE YEAR ENDED 31 MARCH 2024 

## 21. Related party transactions 

The group has taken advantage of the exemption in FRS 102 not to disclose transactions and balances with other group companies. There were no other related party transactions during the year (2023: £nil). 

## 22. Control relationships 

The charity was under the control of its Trustees throughout the current and preceding year. 

## 23. Company Profit and Loss Account 

The group has taken advantage of the exemption under S408 Companies Act 2006 not to present its individual profit and loss account. 

## 24. Key management personnel remuneration 

The charity considers its key management personnel to comprise the Trustees and Centre Director. The total employment benefits including pension contributions of key management personnel was £56,205 (2023: £48,615). 

## 25. The Destitution Fund Coventry 

The Destitution Fund is a special trust of the CRMC, its objective being to provide simple provision for the destitute including food parcels, clothing and shelter. The fund is included within the consolidated financial statements but is reported separately here. The income of the funds is ring fenced and used exclusively to provide practical help to destitute people. 

## 26. Prior year adjustment 

During the financial year, management and the board made a decision to split Coventry City Council grant income and related expenditure from other CRMC related activities as these were previously shown together in the Charity’s financial statements. Management and the board took this decision as it best reflects the nature and purpose of the respective funds under these categories. As a result, the non Coventry City Council grants (i.e. CRMC income and expenditure) are now shown as unrestricted income. The effect on the financial statements has been to restate the related income, expenditure of the comparative year as per notes 2 and 5 respectively and also the respective funds brought forward as per note 16 of the financial statements. There has been no impact on neither the reported net income nor the net asset of the previous financial period as a result of restating the funds. 

## 27. Transfer between funds 

During the financial year, management and the board made a decision to split Coventry City Council grant income and related expenditure from other CRMC related activities. As a result the fund balance on the other CRMC related activities have been transferred to general funds to correctly reflect managements decision made. This is considered to be a more accurate representation of the funds. 

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## THE COVENTRY REFUGEE AND MIGRANT CENTRE (formerly The Coventry Refugee Centre) 

## THE DESTITUTION FUND 

## FOR THE YEAR ENDED 31 MARCH 2024 


**----- Start of picture text -----**<br>
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Balance|brought forward|at|1|April|2023|46,094.09|
|Income:|
|Donations from|individuals|6,742.05|
|Donations from|institutions,|churches|and|groups|13,857.56|
|Car parking|at CRMC|866.00|
|Gift Aid|Claim|1,208.96|
|Paypal|and|Paypal|Giving|Fund|10,591.36|
|Total|income for the year|33,265.93|
|Expenditure:|
|Food|vouchers|(Roma|Pizza)|2,085.00|
|Client travel|5,672.81|
|Client subsistence|16,824.73|
|Client|photographs|43.00|
|Other|client|activity|7,002.40|
|Interpretation/|translation|cost|1,528.93|
|.|
|Total|expenditure|for the year|33,156.87|
|Funds|available|as|at|31|March|2024|held|by CRMC|46,203.15|

**----- End of picture text -----**<br>


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