(fam A Reglstered Charlty & Company Umlted by Guarantee Report and Financial Statements l April 2024 - 31 March 2025 Re9lstered Charity No 1148854 Registered Company In England & Wales No 7858057 CARRAMEA (A Company Limited by Guarantee) TRUSTEE REPORT FOR THE YEAR ENDED 31 MARCH 2025 LEGAL AND ADMINISTRATIVE DEfAILS Trustees / Directors of the Charlty and Company Sharon Dunbar Omar Edris Faizi Fauzia Adnan Hemuna Pather-carr San9eetha Ragavan Bankers The Co-operatlve Bank Reglgtered Charlty Number 1148854 Company Reglstratlon Number 7858057 Address Carramea Communlty Resou￿ Centre 27 Northolt Road Harrow Middlesex HA2 OLH CARRAMEA (A Company Llmlted by Guarantee) TRUSTEE REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees who are also dirertors of the charfty for the purposes of the Companies Act 2006, present their report wlth the financial statements of the charity for the year ended 31 March 2025 The trustees have adopted the provlslons of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities, issued In January 2015. srRUCTURE, GOVERNANCE & MANAGEMENT Governin9 Document Carramea Is a company Ilmlted by guarantee (company number 07858057) and a registered charrty (charity number 1148854). It is governed by a Memorandurn and Articles of Association. Appointment of Trustees The first directors and trustees were appolnted by the Carrarnea Foundlng Organlsatlons. Subsequent trustees are elerted into post by the Members of the Board. Subsequent Members of the Board are appolnted followlng nominatlon by a Foundlng Organlsation or non-Foundlng Organisatlon registered as a resldent organlsation at the Carramea Communlty Resource Centre, dlscusslon of dutles, responslbllltles and Ilabllltles wlth the nominee, and electlon by the Members of the Board. Potentlal new board members are Identlfied by: (a) conductlng a board skills gap amongst existing trustees, (b) approaching relevant individuals known to have these requlred skllls, andlor (c) advertisement for board members through our Founding OrganisatSons and through non-FoundSng Organlsatlons regISte￿ as Resldent Organlsatlons at the Centre. Management The Board of Trustees governs the charity, meetlng at least on a quarterly basis. The Trustees appolnt the Chlef Executjve Officer who oversees the day-to-day operatlon of Carramea. Project implementation is carried out by Project Co-ordinators. Risk Management The Trustees have conducted a review of the maln rlsks to whlch the charlty Is exposed. Where approprlate, systems and procedures have been put in place to manage these rlsks. Reliance on external funding has been rnitigated by raising income through increasing usage of our office and meetlng facilities by the voluntary and charitable sector. Competitive risks for funding opportunltles have been mitlgated by developlng a strong brand based on successful projert dellvery and our development Into a wldely representative community hub, whlch Is responslve to comrnunlty demand for a range of services and is well known and appreciated in the South Harrow area and beyond. CARRAMEA (A Company Limited by Guarnntee) TRUSTEE REPORT FOR THE YEAR ENDED 31 MARCH 2025 We have a reputation for reliablllty, trustworthlness and prlnclpled commitment to the voluntary sector and the wider community. We arrange for appropriate training for staff and take out approprlate Insurance We have internal control risks linked to flnanclal transattions, mitigated by a Flnanclal Control Pollcy, requlrlng 2 approvals for each transaction, we can call upon advlce from professional accountants. If required. PUBLIC BENEFIT The Trustees confirm that they have cornplled wlth the duty In sectlon 4 of the Charttles Art 2006 to have due regard to public benefit guldance published by the Charity Commlssion in determining the activltles undertaken by the Charlty. The following sertlons demonstrate our provision of public benefit: OBJEcfivES & PRIORITIES i) To advance the education of the publlc In Harrow by provldlng a range of tralnlng courses. and 2) to promote the voluntary sertor for the benefit of the public In Harrow by: a) the provislon and malntenance of a resource centre to be used by the voluntary sector, Includlng the provislon of office, IT and meeting facilities. and b) facllltstlng partnershlp and co-operatlon In the voluntsry sector. wrth a vlew to promoting social coheslon amongst the publlc In Harrow. PLANS FOR THE FUTURE Our Carramea Communlty Resource Centre provides flexible office, meeting and storage facllities at affordable rates to about 15 organisations, at any particular timei provldlng charitable servlces to the communlty In Harrow. Carramea's provision for these organisations ranges from reglstered office address with incoming mail and telephone enquiry forwardlng facllltles, to hourly hot-desking as and when requlred, and to 7-day office usage till 10.00pm. In addltlon we provlde volunteerlng opportunities and through our dellvery partners we provlde Engllsh Language courses and training courses for member5 of the publlc. Following 'build back, after Covid dosure, we now have about 1,000 vlslts per month by service-users and volunteers worklng towards employment. We expett thls demand from the community to grow and we will work to secure grant funding to support our volunteers and assure our baslc runnlng costs at a time of steeply rislng costs. CARRAMEA (A Company Limited by Guarantee) TRUSTEE REPORT FOR THE PERIOD ENDED 31 MARCH 2025 FINANCIAL REVIEW Income generation The total of Incomlng resources for thls year was £88,045 (2024: £74,930). Restricted Funds Restrlcted funds represented approxlmately 3.62% of generated Income thls financlal year. Fundraising objectives Two revenue grants towards staff and projert costs provided the charity with sufficient funding to carry out its charitable objectives. Fundraising planning concentrated on Identlfylng other sources of Income to sustaln the charlty's alms from 2024/2025 onwards, particularly those that can diverslfy the fundlng portfolio and fund staff, volunteers, tralnlng and core costs. Management & Administration The organisation considers all its work to be charftable but does make an allowance for some costs that relate to legal and charitable compliance. Reserves (Working Capltal Policy) Our reserves pollcy was approved by the board on 8th February 2012 and states: "Carramea will alm to establish a ReseNe of between 33% and SO% of Its experted running costs ft)r the ft)Ilowing year in order to ensure business contlnuity in the eventuallty of ￿dUttIOn In fundlng from all sOur￿s." CARRAMEA (A Company Limited by Guarantee) TRUSTEE REPORT FOR THE YEAR ENDED 31 MARCH 2025 STATEMENT OF TRUSTEES. RESPONSIBILMES The tnjstees who are also the directors of Carramea for the purposes of company law are responsible for preparlng the Trustees, Report and the financial statements in accordance wlth applicable law and Unlted Klngdom Accountln9 Standards (United Kingdom Generally Accepted Accounting Practice). Company law ￿qUireS the trustees to prepare financial statements for each financial year, which give a true and falr vlew of the state of affairs of the charitable company and of the Incoming resources and application of resources of the charlty, Includlng the Income and expendlture, for that period. In preparing these financlal statements, the trustees are required to select suitable accountlng pollcles and then apply them consistentlyi observe the methods and prlnclples In the Charltles 50RP; make Judgments and estlmates that are reasonable and prudent; state whether appllcable accountlng standards have been followed, subject to any materlal departures disclosed and explalned In the financial statements; and prepare the financial statements on the golng concern basis unless It Is Inapproprlate to presume that the charity will contlnue In buslness. The trustees a￿ responsible for keeping proper accounting records, whlch dlsclose wlth reasonable accuracy at any tlme the financlal posltion of the charity and to enable them to ensure that the financial statements comply with the Companies Att 2006. They are also ￿spOnSible for safeguarding the assets of the charity and hence for taklng reasonable steps for the p￿VentIon and detectlon of fraud and other Irregularities. Approved by the Trustee Board on 2é25and slgned on thelr behalf by: Full Name /{Ar0￿ buN6AK . Position Director and Trustee Date CARRAMEA (A Company Limited by Guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 I report on the accounts of the Trust for the year ended 31" March 2025 set out on pages 8 to 14. Resp•ctlv• responslbllltle$