| Contents | Page |
|---|---|
| TrusteesReport | 3 |
| IndependentExaminer's Report | 13 |
| Statement ofFinancial Activities | 14 |
| Balance Sheet | 16 |
| Statement ofCash Flows | 17 |
| Notes forming part of the financial statement | 18 |
| Service | 2023 Char | e | 2022 Char | e |
|---|---|---|---|---|
| Da service |
EIO.OO | E12.OO | ||
| Exercise | €2.00 | E5.00 |
| 2023 | 2023 | 2023 | 2022 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | funds | funds | funds | ||
| Notes | |||||
| Income | |||||
| Grants and Donations | |||||
| Donations | 500 | 500 | |||
| Service Income | 4,699 | 4,699 | 1,613 | ||
| Grants | 28,641 | 28,641 | 12,719 | ||
| Fundraising | 12,999 | 12,999 | 852 | ||
| Interest(Gross) | 98 | 98 | 4 | ||
| Other income | 3b | 10,541 | |||
| Total incoming Resources | 5,297 | 41 | 46,937 | 25,728 | |
| Expenditure on | |||||
| Charitable Activities | |||||
| Wages and salaries | 4 | 21,921 | 21,921 | 4,613 | |
| Rent | 4,569 | 4,569 | 1,097 | ||
| Supplies offood& provisions | 3,723 | 3,723 | 1,690 | ||
| Drivers, escorts & travel hire | 950 | 950 | 34 | ||
| Insurance | 429 | 429 | 394 | ||
| Printing and stationery | 332 | 332 | 372 | ||
| Telephone, fax, & internet | 869 | 869 | 1,318 | ||
| Training | 132 | ||||
| Keep fit training | 355 | ||||
| Activities | 150 | 150 | 108 | ||
| Stroke expenditure | |||||
| Legal& professional fees | 3 | 13 | 13 | 453 | |
| Consultancy | 840 | ||||
| Subscription | 264 | 264 | 37 | ||
| Bank charges | 72 | 72 | 296 | ||
| Sundries | 490 | ||||
| Grantexpenditure | 10,298 | ||||
| Security | 8 | ||||
| Depreciation charge for the year | 3 | ||||
| LTO Fees | 7,000 | 7,000 | |||
| Independent Examination Fees | 565 | 565 |
| HMRC | 384 | 384 | |||
|---|---|---|---|---|---|
| Exercise | 420 | 420 | |||
| Volunteer expenses | 70 | 70 | |||
| Total Charitable Activities Expenditure | 72 | 41 660 | 41,732 | 22 533 | |
| Total Expenditure | 72 | 41,660 | 41,732 | 22,533 | |
| Net income/(expenditure) before transfers between | |||||
| funds | 5,225 | (20) | 5,205 | 3,194 | |
| Transfersbetweenfunds | 11 | ||||
| Net movement in funds | 5 225 | (20) | 5,205 | 3,194 | |
| Balance brought forward at I April 2022 | 11 | 14,425 | 25,072 | 39,497 | 36,303 |
| Balance carried forward at 31 March 2023 | 10 | 19,650 | 25 052 | 44,702 | 39,497 |
Barnet African Caribbean Association Ltd Chari� No. 1151068 Compan�· No. 0813713
Bah1nce Slu•et As al 31'[1 ] March 2023
| Bah1nce Slu•et As al 31'1 March 2023 |
||
|---|---|---|
| Fixed Assets.· Tangiblt Current Assets. Debtors Cash al bank and in hand Current liabilities Jla�·ablc within 1 �·car: Creditors & accruals Total Assets less current liabilities Funds: l lnrcstricted - BACA General Funds Res1rictcd- Da� Centre Funds lo1es 5 6 7 11 11 202.1 t .76 69.642 70.118 125.415) ➔4.702 44.702 )9.650 25.052 ------ --t 702 |
2022 £ 859 -W.190 ---- 41.049 I1.552) |
|
| 39.497 39.497 14.425 25.072 39.497 |
For the financial � car ended 3 l March 2023. th� company was entitled to exemption from audit under s477 oflhc Companies Act 2006: and no notice has been deposited under s476.
The directors acknowledge their responsibilities for cnsuring that 1hc company keeps accounting records v.hich comply with s386 and preparing accounts ,,hich gi\c a true and fair Yiew or 1hc state or affairs of the compan} as at lhc end ol' the financial } car. and of its profit or loss for lhc linancial year in accordance\ ith the m-1uircmen1s of sections 394 and 395 and which othern ise comply \ ilh the requirements or the Companies Act 2006 relating to accounts. so for as applicable to the comp.in).
These accounts haH' been prepared in accordance with 1hc proYisions applicable to companies subjecl w sm,111 companies' regime. The linancial slatements on pages 11 t\1 19 \ere appron�J by the board and signed on their heh.ill" b):
Director
I'\ fagdafonc Ba� im-J\domal-.11
Oircctor
Date: J.211 :!/J.U::!3
4W4'9,&:
·--
| 2023 | 2022 | ||
|---|---|---|---|
| Notes | |||
| Cash provided by/ (used in) operating activities | 9 | 29,353 | (2,152) |
| Cash flows from investing activities | |||
| Interest income | 98 | 4 | |
| Cash provided by investing activities | 98 | 4 | |
| Increase/(decrease) in cash and cash equivalents in the year | 29,451 | (2,148) | |
| Cash and cash equivalents at the beginning of the year | 40,190 | 42,337 | |
| Total cash and cash equivalents at the end of the year | 69,642 | 40,190 |
| 3 | Net income for the | year | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| This is stated after charging : | ||||
| Depreciation | ||||
| Independent examiner's fees | 300 | 200 | ||
| Grant Income | 2023 | 2022 | ||
| Age UK | 9,775 | 12,719 | ||
| Community Barnet | - Barnet Wellbeing/Cost of | |||
| LivingUplift | 15,826 | |||
| Big Lottery | 3,040 | |||
| 28,641 | 12,719 |
| 2023 | 2023 | 2023 | 2022 | |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | other | other | |
| income | income | |||
| Coronavirus Job Retention Scheme Grant | 243 | |||
| The London Community Foundation Covid-19 Fund Grant | ||||
| Barnet Community Response Fund Grant | 474 | |||
| Brent Cross South Community Fund 2020 Grant | 1,041 | |||
| Community Barnet Giving | 8,283 | |||
| A2D Housing Group | 500 | |||
| 10,541 |
| 4.a | Salaries and wages | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Salaries and wages | 20,729 | 14,538 | |
| National Insurance | 917 | 374 | |
| Pension | 275 | ||
| Total staff costs | 21,921 | 14,91 1 |
| Average FTE in the year | 2023 | 2022 |
|---|---|---|
| Charitable | ||
| Activities | 1 | 0.2 |
| Total headcount in the year | 1 | 0.2 |
| 2023 | 2022 |
|---|---|
| 2023 | 2022 |
| Extent of redundancy funding at the balance sheet date | Extent of redundancy funding at the balance sheet date | ||||
|---|---|---|---|---|---|
| 5 | Tangible Fixed Assets | - For use by the Day Centre | |||
| Equipment | Furniture | Total | |||
| Costs | |||||
| At 1 April 2021 | 1,112 | 2,140 | 3,252 | ||
| Additions during the | year | ||||
| At 31 March 2022 | 1,112 | 2,140 | 3,252 | ||
| Depreciation | |||||
| At 1 April 2021 | 1,112 | 2,140 | 3,252 | ||
| Charges during the year | |||||
| At 31 March 2022 | 1,112 | 2,140 | 3,252 | ||
| Net Book value | |||||
| At 31 March 2023 | |||||
| At 1 April 2022 | |||||
| 6 | Debtors | 2023 | 2022 | ||
| Accrued Income | 476 | 826 | |||
| Prepayment | 33 | ||||
| 476 | 859 |
| 7 | Current liabilities payable within 1 year: | 2023 | 2022 |
|---|---|---|---|
| Trade creditors | 826 | ||
| Accruals | 20,215 | 342 | |
| Taxationand social security | 384 | ||
| Deferred income (see note 8) | |||
| 20,215 | 1,552 | ||
| 8 | Deferred income | 2023 | 2022 |
| Community Barnet | 5,000 | ||
| Alp Kit | 200 | ||
| 5,200 |
| Reconciliation ofnet movement in funds to net cash | ||
|---|---|---|
| flow from operating activities | 2023 | 2022 |
| Net movement in funds | 5,205 | 3,194 |
| Add back depreciation charge | ||
| Deduct interest income shown in investing activities | (98) | (4) |
| Decrease/(increase) in debtors | 383 | (629) |
| Increase/(decrease) in creditors | 23,863 | (4,713) |
| Net cash raised by/(used in) operating activities | 29,353 | (2,152) |
| Statement of Funds CurrentYearStatement ofFunds |
|||||
|---|---|---|---|---|---|
| Brought | Income | Expenditure | Transfers | Carried | |
| Forward | Forward | ||||
| Unrestricted | |||||
| Funds | |||||
| General funds | 14,425 | 5,297 | (72) | 19,650 | |
| 14,425 | 5,297 | (72) | 19,650 | ||
| Restricted | |||||
| Funds | |||||
| Age UK | 9,775 | (9,775) | |||
| Community | |||||
| Barnet | 15,826 | (15,826) | |||
| Day Centre Restricted Fund | 25,072 | 12,999 | (13,019) | 25,052 | |
| Big Lottery | 3,040 | (3,040) | |||
| 25,072 | 41 | (41 ,660) | 25,052 | ||
| 39,497 | 46,937 | (41 ,732) | 44,702 |