BACA BARNET AFRICAN CAR18BEAN AssociATION LTD REPORTS AND FINANCIAL STATEMENTS For the Year ended 31 March 2025 Charity number: 1151068 Company Number: 08130713 AEIJN63S 3111212025 .COMPANIES HOUSE A10
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Barnet Afrlcan Carlbbean Association Ltd Charity No. 1151068 Company No. 0813713 Content5 Page For the year ended 31 March 2025 Contents Page Trustees Report 3to12 Independent Examinerfs Report 13 Statement of Financial Activities 14 Balance Sheet 15 Statement of Cash Flows 16 Notes forming part of the financial statement 17to22 Annual Report 2024-2025
Barnet African Caribbean Assoclatlon Ltd Charity No. 1151068 Company No. 0813713 Trustees. Report For the year ended 31 March 2025 Objectives and Activities Barnet African Caribbean Association Ltd (BACA) works to improve the wellbeing of people living in the London boroughs, with a particular focus on African and Caribbean communities. Our mission is to reduce isolation, promote good health, support financial stability, and celebrate cultural heritage. We do this by offering day services, outreach support, community activities, and events rooted in the needs of older adults. The trustees have continued to follow the Charity Commission's guidance on public benefit when shaping and delivering services. Our pricing policy aims to ensure that services remain acce55ible to all, and our work continues to rely on grants, fundraising, and modest sen4ice income. We endeavour to encourage all within our community to take part in our activities and to attend day services with particular appeal to our older service users. The strategies employed to achieve the charitls aims and objectives are to: Provide day centre services for older adults. Deliver outreach and off-site support. Create opportunities for volunteering. Provide health and wellbeing support. Putting these strategies into action we have three major areas of activity which are: dav centre services; outreach; and opportunities for volunteers. Achlevements and Performance Day Centre Servlces During 2024-25 we worked with 110 Service users, which included direct support for individuals, their familie5, and carers, as well as members of the wider community. This included the delivery of our Peer Support Project, supported by National Lottery funding. We continued to expand day centre services with more specialist events and outings, including the Windrush Programme, theatre visits, and a wider range of cultural and wellbeing activities. The majority of 8ACA's service users are from various African and Caribbean communities and live in area5 of high deprivation across the London Borough of Barnet. They are part of an aging population that are disproportionately affected by long term, often chronic, health conditions. Many service users experience multiple chronic long term health challenges such as dementia, high blood pre55ure, diabetes and heart disease, respiratory conditions, Annual Report 2024-2025
Barnet African Caribbean Assoclatlon Ltd Charity No. 1151068 Company No. 0813713 Day Centre Services (Cont.,) cancers, and mobility issues. Many service users have been affected by the cost-of-living crlsis, Including rising energy bills, increased food prices, and limited incomes that often rely on fixed pensions, making it harder to afford basic necessities. The aim of the Day Centre Service is to reduce social isolation and loneliness; however, due to the needs of service users BACA has increased and improved the support to users for managing and improving physical and mental health and wellbeing. We contlnue to see a rlse in referrals for people with complex health and social care needs. Many are housebound, living with long-term conditions or facing increasing challenges linked to the cost of living. Our support includes advice, advocacy, and practical assistance, helping members manage daily life and remain as independent as possible. Key areas of support Included: advice on benefits, blue badges, and carers support help with bills, debt, and financial worries health checks through Cherry Lodge Cancer Care preventative health education from Inclusion Barnet exercise sessions including chalr-based movement and balance classes digital inclusion creative arts, crafts, digital skills, money management, and fraud awareness Health and Wellbelng Members continue to report concerns about difficulties accessing healthcare and safe accommodation. Dlgital NHS systems, shorter appointment times, long waltlng lists and inconsistent communication have all reduced access to essential services. These barriers make it harder for people to explain complex health issues, especially when treatments are multi-faceted, often increasing confusion, anxiety, and social isolation. To address this, BACA continues to collaborate with specialist services and local initiatives to help reduce health inequalities and improve outcomes for members. We have focused on engaging members in activities that help maintain physical health and wellbeing. Alongside regular bingo, craft5 and games, each session Includes time for members to catch up, listen to guest speakers and enjoy a hot meal. Thls year included themed events linked to our Windrush Programme and Black History Month. Health and Wellbeing Partnerships We continued our partnership with Cherry Lodge Cancer Care, who provided one-to-one 5UPPOrt to our members. This included physical and emotional wellbeing checks, help to manage long-term conditions and general health support clinics. Annual Report 2024-2025
Barnet Afrlcan Carlbbean Association Ltd Charity No. 1151068 Company No. 0813713 Exercise Programme We continued offering exercise sessions led by GLL, the council's leisure provider, and delivered by a specialist coach. These sessions included chair yoga, balance training and gentle exercises designed to improve strength, flexibility, and coordination, helping to prevent falls and promote overall wellbeing. Community Programmes Wlndrush Project This year saw considerable progress with BACA'S Windrush Project, which has become a core part of our cultural programme. 8ACA started an oral history project to celebrate the Ilves and achievements of Barnet's Windrush generation. The project helped members reflect on their journeys, share personal histories, and pass these stories on to younger people. The theme of Black History Month in Ortober 2024, Reclaiming Narratives, provided a strong framework for this work. Members used creative arts, storytelling and discussion to record experiences that illustrate both the challenges and achievements of the Windrush generation and their descendants. Windrush Stories Exhibltlon- February 2025 In partnership with Middlesex University and Barnet Council, BACA delivered Barnet's Windrush Stories Exhibition. The nine-day exhibition featured artwork, portraits, audio interviews, poetry, and films explorin8 the lives of some of our service users and residents who are part of the Windrush generation. Event highli8hts included: Artwork created by BACA members in workshops with Heritage Community Crafts Performances from local singers, a choir, and poets A free family photo area A curated collection of audio stories, photographs, and memorabilia Stalls from BACA and CB Plus. The exhibition brought hidden Black history to the forefront and was well attended by residents, students, and community groups. Hayward Gallery Visit- March 2025 In March 2025, members vlslted the Hayward Gallery on the South Bank to see the Mickalene Thomas exhibition. The trip was well received and encouraged discussion about identity, representation, and contemporary art. Following the exhibition, members took part in a craft workshop which offered a creative space to reflect on the themes of the artist's work. Annual Report 2024-2025
Barnet Afrlcan Carlbbean Assoclatlon Ltd Charity No. 1151068 Company No. 0813713 Peer Support Programme In 2024 BACA launched its peer support to improve emotional wellbeing and build stronger personal connections. The programme helps participants identify their own wellbeing needs through guided self-a5sessrnent. Each person then develops a personal plan, supported by BACA, and is matched with a peer or small group to help put that plan into action. This successful programrne was extended to working in partnership with The Finchley Charities and examples of activities include regular park meet-ups, shared trlps and weekly check-in calls. All participants undertake boundary training before Joining so they understand how to support each other safely and appropriately. Programme objectives: Improve emotional wellbeing for particlpants Build connections between Finchley Charltles residents and BACA members to reduce isolation Introduce BACA members in need of housing to Finchley Charities Site5 and encourage applicatlons where appropriate The Peer Support programme, designed to complement the emotional health check initiative, has been highly successful. It has encouraged members to openly discuss their mental wellbeing and develop personalized plans to improve it. This initiative has helped to de-stigmatise mental health issues, support members in accessing tailored services, and explore new activities independently of BACA. Additionally, members have formed new frlendships, fosterin8 a stronger sense of community and mutual support. Completion of emotional health checks have also helped members and BACA understand the Impact of the cost-of-living crisis. For the second year in a row, we have seen another increase in the numbers of members and service user requests for financial assistance with essential items like utility bills, basic furniture, bed5, 50fas,' bedding, carpets, white goods and hoovers. These needs have been realised through the food bank and Peer Support program and continue to support users with benefit and hardship fund applications. Household Support Grants The BACA membership primarily conslsts of elderly individuals, with the largest proportion aged 85 and above (37.8%). This demographic composition indicates a Significant gender imbalance, with 73% of members being female. Since all members are retired, their reliance on government benefits and social security prograrnmes is substantial. A significant percentage of members depend on financial aid, with 67.6% receiving cost-of-living support and 59.5% relying on food banks. Through Barnet Council's Household Support Grant scheme, we supported residents of pensionable age and people aged 55+ with long-term health conditions. BACA distributed £14,365 to 55 beneficiaries, helping with: Utility bills Food costs Annual Report 2024-2025
Barnet Afrlcan Carlbbean Associatlon Ltd Charity No. 1151068 Company No. 0813713, Household Support Grants (Cont.) Essential household goods Demand for financial support remains high due to the cost-of-living pressures felt across the ommunitv. Tran5itlon from the LTO with CB Plus in April 2022, BACA entered a local trusted organisation {LTO) agreement with CB Plus. The role of the LTO was to provide support to BACA in: • managing its finances employing and managing staff representing 8ACA at partnership meetings with partner organisations delivering BACA'S contractual work, including monitoring and evaluation supporting and deliverin8 8ACA's plans. In March 2025, BACA and C8 Plus jointly agreed to end the LTO BACA has now fully transitioned its services back inhouse. Work during the transition has focused on: Recruiting a new Day Serdices Manager Installing new IT systems Reviewing policies and procedures Strengthening governance and operational processes Growlng the volunteer base Increaslng participation by new service users This marks a key step in BACA'S organisational development and long-term sustainabilitv. The trustees continue to address major financial concerns for the charity and its ongoing financial sustainability given the continuing challenging grant and fundraisin8 environment. The trustees continue to keep the cost base under review and to seek new sources of funding and new opportunities for income generation. Flnanclal Revlew The Statement of Financial Activities shows net income of £27,935 for the year ended 31 March 2025 compared to net expenditure of £1.456 for the year ended 31 March 2024, after receiving income of £96,989 (2024: £66,1631 and expenditure of £69,054 (2024: £67,619} Grant income from Age UK 8arnet was increased from £9,775 to £27,775. BACA is a member of the Barnet Provider Group, which delivers Neighbourhood Services. Age UK Barnet is the lead contractor for Barnet Neighbourhood Services which provide older people with information, advice, and practical support, and help them to undertake activities or Simply spend time together. BACA received increased serICe income in the year ended 31 Annual Report 2024-2025
Barnet Afrlcan Carlbbean Assoclatlon Ltd Charlty No. 1151068 Company No, 0813713 Financial Review (Cont.) March 2025 of £ 7,632 compared to £7,013 in the year ended 31 March 2024. BACA'S reserves were £71,181 as at 31 March 2025 (2024: £43,246}. The fall in core funding in real terms means that BACA is expected to generate a larger proportion of funds from service charges, fundraising, and donations. BACA received restricted grant fundin8 of £83,775 to support its day-to-day operations comprised of £27,775 from Age UK Barnet12024 - £9,775), CB Plus £26,000 {2024- 15,000), City Bridge £10,00012024- nil), the National Lottery £20,000 {2024 - £nill. BACA also received restricted funding of £2,200 Windrush Funding (2024- £2,085), £2,000 from Silkstream (2024: £nil) and £370 from other fundraising. BACA would like to glve special thanks to Its funders and patrons including the London 8orough of Barnet, Age UK 8arnet, Clty Bridge, The Stroke Association, Cherry Lodge Cancer Care, Middlesex University, CB Plus, the National Lottery, local churches and the users of our day seniices, who have supported the charity during this financial year. Our prlclng pollcy Our pricing policy reflect5 our strategy of enabling all wlthln our community, whatever thelr means, to take part in our activities. Our day services, events and excursions offer an opportunity for the public to participate in a range of low-cost activities. To enable BACA to continue to provide sen4ices to those who need them the trustee5 reviewed the charging Structure and agreed to increase the daily charge to £17,50. This includes exercise, a hot meal, and activities. We also offer an exercise only session for £5.00. Service Day service Exercise only 2024125 Charge £17.50 £5.00 2023/24 Charge £10.00 £5.00 The trustees believe that the charges still represent excellent value for money and is less than the charges made by other similar services. Investment powers and pollcy The trustees, having regard to the liquidity requirements of operating the services, have kept available funds in an interest-bearing deposit account and seek to achieve a rate on deposit which matches or exceeds inflation as measured by the retail prices index. Due to wider economic circumstances deposit rates have been depressed and so thls alm was not achieved in the year. The invested funds held on deposit achieved an average rate of 3.IOA against the RPI of 3.20/0 in March 2025. Annual Report 2024-2025
Barnet African Caribbean Assoclatlon Ltd Charity No. 1151068 Company No. 0813713 Reserves policy and Golng Concern BACA aims to have reserves equal to six months operating expenditure and continues to seek funding to support its activities and reduce deprivation. The trustees consider that the ideal level of resenies would be £34,527. Reserves as of 31 March 2025 were £71,181. BACA will also need the ongoing support of its trustees, members, volunteers, friends, colleagues, and partners if it is to continue to support its service users. The trustees are confident that the charity continues to be a going concern, if it receives continued funding from Age UK Barnet, although there is increased rlsk due to the greater dependence on fundraising income as opposed to service income as in previou5 years. The continuing cost of living crlsis and challengin8 fundraisin8 environment continues to pose a major risk to the charity being a going concern, since if 8ACA Is unable to generate service income, It would be overly dependent on grant income from Age UK Barnet and other funders. Reference and administrative details Charity Number: Company number: Registered office & Business Address: 1151068 08130713 Barnet Multicultural Community Centre, Algernon Road, London, NW4 3TA Our advlsors Bankers: CAF BANK Ltd, 25 Klngs Hill Avenue Kings Hill, West Malling Kent, ME19 4JQ Independent Examlner: Issa Associates Chartered Certified Accountants 80 Scrubs Lane 116 Cumberland House London NWIO 6RF Trustees Caroline Mitcham Director Magdalene Bayim- Adomako Director Alessia Carrington Director Brenda Jules Director (resigned 6 May 2024) Linda Lusingu Director (appointed 4 November 2025 Annual Report 2024-2025
Barnet Afrlcan Caribbean Assoclatlon Ltd Charlty No. 1151068 Company No, 0813713 Structure, Governance and Management Governin8 Document Barnet African Caribbean Association Ltd. is a company limited by guarantee governed by its Memorandum and Articles of Association dated 5 February 2013. It was incorporated as a company on 5 July 2012 and registered as a charity on 5 March 2013 with the Charity Commission in England & Wales. On l April 2013, the assets and liabilities of Barnet African Caribbean A550ciation were transferred to Barnet African Caribbean Association Ltd. On 12 January 2015, the Charity Commission registered the merger of Barnet African Caribbean Association with Barnet African Caribbean Association Ltd. with a transfer date of l Aprll 2013. Barnet African Caribbean Association has been removed from the Register of Charities. Appolntment of trustee5 As set out in the Articles of Associatlon the charity may by ordinary resolution appoint a trustee and determine the rotation in which any additional trustees are to retire. All members are circulated with invitations to nominate trustees prior to the AGM requesting nominations for the AGM. The trustees may appoint a person who is willing to act to be a trustee, but a trustee appointed by a resolution of the other trustees must retlre at the next annual general meeting and must not be considered In determining the dlrectors who are to retire by rotation. Trustee induction and training New trustees undergo an orientation to brief them on their legal obligations under charitv and company law, the Charity Commlssion guidance on public beneflt, and inform them of the content of the Memorandum and Articles of Association, the commlttee and decision- making proce55es, the budget and recent financial performance of the charity. During the induction they meet key employees and other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role, those provided by the National Council for Voluntary Organisations, of which the charity is member, Organlsatlon The board of trustees, which has no maximum number of members, administers the charity. The trustees appoint a Day Services Manager to manage the day-to-day operation5 of the charlty. To facilitate effective operations, the Day Services Manager has delegated authorlty for operational matters including finance and employment. The trustees submit their trustees, report and financial statements for the year ended 31 March 2025. Related Parties None of our trustees receive remuneration or other benefit from their work with the charity. Any conflict of interest or contractual relationship with a related party must be disclosed to the full board of trustees. Annual Report 2024-2025 io
Barnet Afrlcan Caribbean Associatlon Ltd Charlty No. 1151068 Company No. 0813713 Pay Policy The trustees consider the Board of Trustees, and the Day Services Manager comprise the key management personnel of the charity in charge of directing, controlling, running, and operating the charity on a day-to-day basis. All trustees give of their time freely and no trustee received remuneration in the year. Staff pay is reviewed annually. BACA has implemented the London Living Wage, a wage which meets everyday needs. Risk Management The trustees have a rlsk management strategy which comprises: an annual review of the principal risks and uncertainties the charity faces. the establishment of policies, systems, and procedures to mitigate those risks identified in the annual review; and the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise. This review has identified the following risks: Changes within adult social care Adult protectlon and safeguardin8 The sustainability of incoming funds and in partlcular unrestricted funds The allocation of restricted funds Financial controls and approval of expenditure The proper collection and proce55ing of data Compllance wlth fundraising regulation and the safe8uardin8 of event attendees The Impact of the cost-of-living crisis Health and safety Food hygiene The trustees worked to ensure that those risks were understood, and that the organisation was prepared. Plans, training, policies, and procedures were put in place to deal with the challenges. Trustees, responslbllltles In relatlon to the flnanclal statements The trustees, who are also directors of 8arnet African Caribbean Association Ltd. for the purposes of company law, are responsible for preparing the Trustees, 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, which give a true and fair view of the of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustee5 are required to: select suitable accountin8 policies and apply them consistently. Annual Report 2024-2025
Barnet Afrlcan Carlbbean Assoclatlon Ltd Charity No. 1151068 Company No. 0813713 observe the methods and principles in the Charities SORP make judgements and estimates that are reasonable and prudent state whether applicable UK Accounting Standards have been followed, subjett to any material departures disclosed and explained in the financial staternents prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business 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 Companles Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention of fraud and other Irregularities. The trustees are responsible for the malntenance 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 other jurisdictions. Small Company Provlslons This report has been prepared in accordance with the special provisions for small companies of the Companies Act 2006. Independent Exarnlner Issa Associates have been re-appointed as independent examiner for the ensuing year. y order of the board of trustees Magdalene Bayim-Adomako Trustee Date: 29 December 2025 Annual Report 2024-2025 12
Barnet African Caribbean Assoclatlon Ltd Charity No. 1151068 Company No. 0813713 Independent Examiners Report To The Trustees of Barnet African Caribbean Association Ltd. For the Year Ended 31 Mar 2025 I have examined the accounts on pages 14 to 22. Respe¢tlve responslbllftles of trustees and examlner The trustees (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Atti and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions glven by the Charlty Commlssion {under section 1451511bl of the Charities Act. and to state whether matters have come to my attention Basls ol Independent examlner's statement My examination was carried out In accordance with general Dlrectlons given by the Charity Commlssion. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual item5 or disc105ures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view, and the report is Ilmited to those matters set out in the statement below. Independent examinerfs statement In connection with my examinatlon, no material matters have come to my attention which gives me cause to believe that in, any materlal respect: Accountin8 records were not kept in accordance with section 386 of the Companies Act 2006,. or The accounts do not accord wlth such records,. or The accounts do not comply with relevant accounting requirements under sectlon 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and falr, vlew whlch Is not a matter considered as part of an independent examination: or The accounts have not been prepared In accordance wlth the Charltles SORP IFR5102}. I have no concerns and have come across no other matters In connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 155a Associates Chartered Certified Accountants 80 Scrub5 Lane, 116 Cumberland Hse London, NWIO 6RF Date: 29 December 2025 Annual Report 2024-2025 13
Barnet Afrlcan Caribbean Association Ltd Charity No. 1151068 Company No. 0813713 Statement of Flnanclwl Actlvltles For the year ended 31 March 2025 2025 Unrestrlcted Funds 2025 Restricted funds 2025 Total funds 2024 Total funds Fundralsln8 Not•$ Income Gn7nts and Donotlons Donation5 Servlce I ncom• Fundra151 n8 Grants Interest (Grossl Membershlp income Other In¢ome 9.022 7.012 18,085 30.475 569 7.632 7.632 4.570 83.775 852 160 3¢ 3b 4.570 83.77S 852 160 3e 1.000 Total Incomln8 R•sourc• 8,644 88.345 96.989 66.163 Expendlture on Rolslngfunds Fundralslng events Total Expendltur• on Ralslng Funds Chorltoble A¢tlvltles Wa8es and salarles Rent Supplles of food & provlslons Drlvers, escorts & travel hlre Insurance Prlntlng •nd statlonery Telephone. fax. & Int•rnet Tralnlng Keep flt tralnlng Cost of Ilvlng payment Le8¥1 & prof•551onal fe•s Consultancy Subscrlptlon 8ank char8es Depreclatlon char8• for the year LTO Fees Independ•nt Examlnatlon F••s E¥erclse Volunt••r •xp•ns•s Offlce expenses 32.010 6.500 4,845 868 277 114 994 504 32.010 6.500 4.84S 868 277 114 994 504 28,715 6.243 6,636 1,672 466 141 790 135 14.028 34 332 457 14.028 34 332 457 60 13 10.S21 347 60 60 6.050 400 6.050 400 1,059 34S 177 7,000 400 2.110 loo 2,270 1.059 34S 177 Total Charlt•ble Actlvltles Expenditure 6,510 62.544 69,054 67,619 Tot•1 Éxp•ndltur• 6,510 62.544 69,054 67,619 Net Income/(expendlture) befor• transfers between funds 2.134 25,801 27.935 11.456) Transfers between funds io N•t mov•m•nt In funds 25.801 27.935 1.456 8alanc• brou8ht forward •t l Aprll 2024 io 21.659 21,S87 43.246 44,702 8wlance carrled forward at 31 March 2025 10 23,793 47,388 71,181 43.246 All activltles relate to contlnuln8 operations. Mov•rnents In fund5 are disc105ed In Not• 10 to the fSn¥nclal st•tements. The notes on pages 17 to 22 form part of these flnanclal statements. Annual Report 2024-2025 14
Barnet African Caribbean Association Ltd Charlty No. 1151068 Company No. 0813713 Balance Sheet For the year ended 31 M•r¢h 2025 2025 Total funds 2024 Total funds Notes Current Assets." Debtors Cash at bank and in hand 34.931 99.933 134,864 25,876 85.030 110.906 Current liobilities poyoble withln l year.. Creditors & accruals (63.6831 {67,660) Net Current Assets 71.181 43.246 Totol Assets less current liabilities 71.181 43,246 Funds.. Unrestricted Funds Restrlcted Funds io io 23.793 47,388 71,181 21.659 21,587 43,246 For the financial year ended 31 March 2022, the company was entitled to exemptlon from audit under 5477 of the Companles Act 2006; and no notlce has been deposlted under 5476. The directors acknowledge their responsibilities for ensurin8 that the company keeps accounting records which comply with s386 and preparing accounts which give a true and fair view of the state of affalrs of the company as at the end of the financial year. and of its profit or105s for the financlal year in accordance with the requlrements of sections 394 and 395 and whlch otherwise comply wlth the requirements of the Companles Act 2006 relatin8 to accounts, so far as applicable to the company. These accounts have been prepared In accordance with the provisions applicable to companies subject to small companies. regime. The financial statements on pages 14 to 22 were approved by the board and signed on thelr behalf bv: Caroline Mitcham Magdalene Bayim-Adomako Director Director 29 December 2025 Annual Report 2024-2025 15
Barnet Afrlcan Carlbbean Associatlon Ltd Charlty No. 1151068 Company No. 0813713 Statement of Cash Flows For the year ended 31 March 2025 2025 2024 Notes Cash provided byl (used In) operating actlvltles 14,051 15,362 Cash flows f rom investin8 activities Interest income 852 569 Cash provlded by Investln8 actlvltle5 852 569 Increase/{decrease) in cash and cash equlvalents in the year 14,903 15,931 Cash and cash equlvalents at the beginning of the year 85,030 69,099 Total cash and cash equlvalents at the end of the year 99,933 85,030 Annual Report 2024-2025 16
Barnet African Carlbbean Ass(Kiation Ltd Charlty No. 1151068 Company No. 0813713 Notes to the Accounts For the year ended 31 Mar¢h 2025 1.1 Basls of accountln8 These accounts have been prepared under the historical tost convention with Items recogni5ed at cost or transaction value unless otherwise stated in the relevant notelsl to these accounts. The accounts have been prepared in accordance with.. - the Statement of Recommended Practlce,. Accountlng and Reportin8 by Charitle5 preparin8 thelr accounts in accordance wlth the Flnancial Reportln8 Standard applicable In the UK and Republic of Ireland IFRS 1021 Issued on 16 July 2014 the Financial Reportin8 Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 - the Charities Act 2011 The charlty constltute5 a publlc beneflt entlty as deflned by FRS 102. 1.2 Golni concern The charity is dependent upon grant fundin8 from Age UK Barnet as part of the Neighbourhood seICe$ Pro8ramme. The charity Is 3waltln8 Confirmatlon of the funding receivable for the year endlng 31 March 2026. 1.3 A¢¢ountlni poll¢l•s The accounts present J true and falr vlew and the accountln# pollcles adopted are those outllned In note 2. 1.4 Chanies to accountlTrB estlmates No changes to accountlng estlmates have occurred In the reportlne perlod13.46 FR5 102 SORPI. 1.5 Materlal prlor year errors No material prlor year error have been Identlfied In the reportlng period13.47 FRS 102 SORPI. AccouDliTh8 Polkies A summary of the principal accountine policles. all of whlch have been applled consistently throughout the year 15 set out below. 2.1 Reconclll•tloD wlth prevlous generally accepted accountln8 prln¢lples In preparing the atcounts, the Trustees have considered whether In applying the accounting policies qUIred by FRS 102 and the Charltles SORP FRS 102 a restatement of comparatlve Items was needed. No restatements were required. There were no signiflcant adjustments needed from the net income/lexpenditurel under the previous Generally Accepted Accounting Practice I"GAAP"I. Annual Report 2024-2025 17
Barnet Afrlcan Carlbbean Assoclatlon Ltd Charity No. 1151068 Company No. 0813713 2.2 Income RecoltIOn of In¢ome These are included in the Statement of Financial Activities1SoFAI when.. the charity becomes entitled to the re50urces,' it is more likely than not that the trustees will receive the resources: and the monetary value Can be measured with sufficient reliability. Offsettlni The has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 5ORP or FRS 102. Grants and don•Uon5 Grants and donations are only included In the SOFA when the general Income reco8nition Cflteria are met {S.10 to 5.12 FRS102 SORPI. In the case of performance related grants, income is only recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met 15. 16 FRS 102 SOAPI. Contr•¢tual Income and performance related grants This is only Included in the SOFA once the ¢harily has provlded the related good5 or service5 or met the performance related tonditions. Tax reclalms on donatlons and glfts Gift Aid receivable is included in income when there is a valid de¢laraiion from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and Is treated as an a(idlllon to the same fvnd as ihe inltlal donation unle$5 ihe donor or the term5 of the appeal have specified otherwise. Contractual Income and performance related 8rants Th55 Is only Included In the SOFA once the charity has provided the related 8oods or ser4ices or met the performance related conditlons. Glfts In klnd Donated goods are measured at fair value (the amount for which the asset could be exchangedl unless impractical to do so. Goods donated for on.8olng use by the charity ère recognised as tangible fixed assets and included in the SOFA a5 Incoming resources when receivable. Gifts in kind for use by the charity are included in the SOFA 85 income from donations when receivable. Donated seNi¢es and facilllies are included in the SOFA when recelved at the value of the 8ift to the charfty provided the value of the gift can be measured reliably. Donated seryice5 and facilities that are consumed immediately are recognised a5 income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. Annual Report 2024-2025 18
Barnet African Caribbean Ass(Kiation Ltd Charlty No. 1151068 Company No. 0813713 Note$ to the Accounts For tht year ended 31 March 2025 EXPENDITURE AND LIABILITIES Support Costs The ch•rlty h•$ Incurred expendlture gn 5UPPOrt costs. Volunt•er help The value of any voluntary h•lp rec•lved Is not Included In the accounts but is d•sctlbed In the trustees, nnual report. Incomè from Interest Thls Is Included In th• •¢¢ounts when recelpt Is probable and the •mount recelvable can be measured rell•blv- In¢om• from m•mb•rshlp subscrlptloni Mtmberghlp subscrlptlon5 rec•lv•d In th• n•ture of • 81ft •re reco6nls•d In mernb•rshlp Incom•. Llab511ty r•cwnltlon Llabllltles are reco8n15ed where It Is more Ilkely than not that there Is a le8al or constructlve obll8atlon commlttln8 the Charlty to pay out resource5 and the amount of the obll8atlon can be measured wlth reasonable certalnty. Redundn¢y •nd t•rmln•tlon ¢os¢• R•dund•ncy •nd t•rmln•tlon costs •re reco&nls•d •J •n •xp•nse In th¢ SOFA and • Il•blllty on the 8•l•nc• Sh••t tmmedl•tely at th• polnt th• charlty Is demonstr•bly cornrnltted to elth•r'. t•rmln•t• th• •mployment of •n •mployee or 8roup of •mployees before norm•1 r•tlrement date. or provld• t•rmln¥tlon b•n•llt5 •5 r•sult of •n offer mode In order to encoura8e volunt•ry redundancy. The ¢h?rlty Is consldered to be d•monstr•bly ¢¢mmltted only when it ha$ a detalled formal pl•n lor th• t•rmln•tlon •nO Is wlthout rejllstlc POSSlblllty of wlthdrawal from the pl•n. D•f•rred Income Deferred Income ha5 been Included In th• •¢counts. Credltori Th• ¢h•rlty h•$ ¢redltors whlch •r• rne•sur?d at s•ttl•m•nt •mounts less •ny tr•de dlscounts. Provlslons lor Il•bllltl•$ A Ilablllty Is measured on reco8nltlon ot Its hlstorlcal cost and then subsequently measured 8t the best estlmate of the amount reoulred to settle the obllgatlon at the reportln8 date. 2.4 ASSETS T•n8lble Il¥ed •ssetg for uge by ¢h•rlty TanAll>le a55ets for use bv the ¢harlty •r• c•pltJlls•d If thev c•n b• us•d for mor• th•n on• v••r, •nd cost •t They •re valued èt Eost. EquSprnent used wlthln the Day Centre prmlses Is depreclatd ort a stralght Iln• tsasls over 4 years. Furnlture used wlthln the Day Centre premlses Is depreclated on a stral8ht Ilne basls over 10 Years. Oebtors Debtors lincludlng trade debtors anJ loans recelvablel are measured on Inltlal recognitlon at settlement amount after any trade dlscounts or amount advanced by the charity. Subsequently. they are measured at the cash or other ¢onslderation expected to be recelved. Annual Report 2024-2025 19
Barnet Afrlcan Carlbbean Association Ltd Charity No. 1151068 Company No. 0813713 Notes to the Accounts For the year ¢nded 31 Mareh Z025 Net Incorne for the year 2025 2024 Th15 15 stated •ft¢r ¢h•r8ln8 Depr•clatlon Independent emamlnees fees 400 400 400 Don•tloni 2025 Unrestrlcted Funds 2025 Restrlcted Funds 2025 Total Fund5 2024 Tot•1 Funds Don4tlons 9.022 3b. Gr•nt Income 2025 Llnrestrlcted Funds 2025 Restrleted Funds 2025 Total Grartt Income 2024 Tot•1 Grant Income Ai• UK CB Plus B•rn•t W•llb•ln81 Cost of Llvlni Upllft Alpklt West Hendon Clty 8rld8e Natlon•l Lott•ry C8 Plu$ 8grnet N•¥c• 27.775 23.500 27.775 23.500 9.775 15,000 200 s.000 10.0 20.000 2.500 83.775 10.000 20,000 2,500 83.775 Total Restrlcted Gr•fit Income Total Unre$trlcted Grant Income 29,975 500 30.475 Y¢. Fundr•lsln8 2025 Unre5trlcted Funds 2025 flestrlcted Fu*id$ 2025 Total Fundr¥lslnR Incorn• 2024 Total oth•r In¢ome C8 Plu5 Clty 8rld6e Wlndru5h Sllkstream Var10115 8.500 7.500 2.085 2.200 2,000 370 2,200 2,0th) 370 4.570 4.570 18.Q85 3d. Glfts In klnd Gifts in Kind of £0 12024.. £I0.KIl were recelved durin8 the year. 3•. Other Income Ineltsdes the followln8'. 2025 unstrICted Funds 2025 Restrlcted Funds 2025 Total Funds 2024 Total Funds Communlty 8arnet Grant i.OOD 1,000 Annual Report 2024-2025 20
Barnet African Caribbean Association Ltd Charlty No. 1151068 Company No. 0813713 Not•s to the Accounts For the year ended 31 March 2025 Salarles and wagès 2025 2024 Salaries and wagès National Insurance Penslon Total staff costs 29,765 1,763 482 32,010 26,473 1,381 861 28.715 Th• charlty trust•s wer• nelthqr pald Tror raeelved any oth•r b•n•fSts from employm•nt wlth the ¢harSty th vear12024.. £nlll neither were they relmbur5ed expense5 during the year12024- Énill. No charity trtlstee re¢eived payment for professional or other services 5upplled to the charity12024.. Enlll. No trustee or other per50n related to the charity had any personal Interest In any contract or tran5actlon enterd Into by the charlty durfn8 the year12024.. Enill. Th• key mana8ement personnel of the ¢harlty comprlse the trust•es and the LTO Development Mana8er. 4.b. The avera8e monthly headcount was 2 staff12024.. 2 staffj and the avern8e monthly number of lull.tlme equlvalent employees Ilncludlni casual and part-tlme staffl durin8 the year were as follows: Average FTE sn th y¢•r 2025 2024 Charltatsle Actlvlt1•5 To1 headcount In the ye•r D•btors 2025 2024 Accrued Income 34,931 25,876 34,931 25.876 Curront Ilabllltl• Mybl• wlthln l y••r: 2025 2024 Trade credltors Accr¢Jals Taxation and soclal securlty Oeferfed income15ee note 71 50,856 12,827 57,716 9,944 63.683 67.660 D•f•rr•d Incom• 2025 2024 Barnet Communlty Response Fund Grant 8rent Cross Soylh Cornrnunity Fund 2020 Grant Il•fon¢lll•tlon of net movem•nt In lund5 to n•t c•ih 202S 2024 Net movement In funds Add back depreclatlon chary• O¢du¢t interest In¢ome shown in InvtstSn$ 4¢tl¥ltl¢s Oecrease/llncreasel In debtors Increa5e/ldecreasel In credltors Net cash ralsed byllused in) operating activities 27,935 11.4561 18521 15691 19,0551 125,4WI 13,9771 42.787 14,051 15,362 Tajtatlon A5 a charity. 8arnet African Caribbean Association is exempt from tax on income and gains fallin8 Wlthin section 505 of the taxe5 Act 1988 or $256 of the Tax•tion of Chargeable Gains Act 1992 to the extent that these are •ppll•d to Sts charltable oblects. No tax charBes have zri5en in the charlty. Annual Report 2024-2025 21
Barnet Afrlcan Carlbbean Assoclatlon Ltd Charity No. 1151068 Company No. 0813713. NeS to the Accounts For the year ended 31 M*r¢h 2025 10 Strtement of Funds loa Currenl Year Statement ol Funds 8rought Income Forward Expenditure Transfers Carrled FoNard Unrestricted Funds General funds 21,659 21,659 8,644 16,5101 23,793 23,793 Restrlrted Funds eUK CB Plus - 8arnet Wellbein8 Day Centre Alpkit West Hen(ion Wlndrush SSlkstream National Lottery City 8rid8e CB Plus Navca 27,775 23,500 370 127,7751 123.5001 16,708 103 60 4,716 17,078 103 60 6,836 2,(100 8,811 10,000 2,500 2,2 2,000 20,000 10,000 2,500 1801 111,1891 21.587 88,345 162,5441 47,388 43,246 96,989 169,OS4 71,181 lob Prlor Year Statement of Funds Brought Forward Income Expendlture Transfers Carrled Forward Unrestrlrted Fund5 General fund5 19,924 19,924 10,402 10,402 8,667 18,667 21,659 21.6S9 Restrlcted Funds Age UK CB Plus - Barnet Wellbeingl Cost of Living Uplift Day Centre Alpkit West Hendon Windrush City Brid8e 9,77S 23,500 19.7751 123.5001 18.0701 1971 14,9401 15,0701 17,5001 24.778 16,708 103 60 4,716 200 5,000 9,786 7,500 24,778 55.761 158.9521 21,587 44,702 66,163 167,6191 43,246 Annual Report 2024-2025 22