CROYtKIN"' AFRICA CARIBBEAN FAMILY ORGATr4lSATION UK FIP*ANCIAL STATEIIENTS YEAR ENDEDJIST NIARCH 2021 Charity Nllmber". 115i669 Business Address: 40 Northwood Road Thornton Heath Croydon CR7 8HQ Management Cornmittee Officers". C Young OBE- Chair W. Bemard- Treasurer A Dennis-secretary {Hon Ald¢rman & Freeman) Bankers.. Barclays Bank PLC Brigsio¢k. Road Branch Thornton Heath Independent Examiners: Lw Reid & Co. Chartered Certifjed Accountants and Regi51ered Audiiots 299 Northknry>ugh Road Norbllry tA)ndon SW16 4TR
CROYDON AFRICA.N CARIBBEAf* FAMILY ORGAf4isATION UK IP4DEX TO THE FINANCIAL STATE.MEI%TS YEAR ENDED 31ST MARCH 2021 COYTENTS PAGE ReFQrt of ihe Managetnent Commtttee RtPDrt of ihe Indyndenk Examiner Statement of Financial A¢tivitie5 Balance Sheet Notes to the Financial Statements 8-12
REPORT OF THE MAYAGEMENTCOMMITTEE TO TIIE TrIEMBERS OF CROYDON AFRICAN CARIBBE.4) F,IMILI' ORGANISATION VK CACFO UK h&s ple&sure in presentrng our rep)rt and the examined financial statement for the year ended 31 March 2021. Siatus CACFO UK turned 28 years old in ?O?l if counting froTll its inception in 1993. It became an unincorwrated charity governed by a constilIn adopted on 4 October 1994 (#[nrnd ?0 June 19951. On 30 May 2014. it became a Charltable Incorrx)taÈed Organi5ation ?o¥emed by a Constitution with voting members other tha its charity trustees to limit liabilities. Ai the same lime. it rebadged &s CACFO UK. Objective principal attivilies of the ¢hrity The objecis of CACFO UK are -10 promoie the ner11 of. but noi ex¢lusivety. African and African Caribbean des¢endants in the Ix>rouuh of Croydon without distinction of age. sex. race. political or reli¥ious OT Other opinion5. by &ssociating the local authorities. voluntsry OTganisations and inhabitsnts in a common effort to Provide facilities in ihe interests ofsocia] weifaff. education or re£Teation and leisure time occupation for the benefiis of the resident5 of Croydon,. Our thTte-pron8ed mission is to 'Carelor oiir IoLTih. Carefor our Flders, Carefor our Commiiniiy.. Development. ¢tivilies achievements for the year The Manaoement Committee continued to PUT5U¢ CAFCO UK'S mission siatemenl primarily ihrough the successful running tsf an Adult Day cen1. a comsnunity cenir¢ and an Alternative Education Provision (independent day s¢h(K)11 for children excluded or aErf)ut ttTr bai risk of txclusion from mainstream education. OUT Adult Trdy CeniTe is normally open 9 to 5. five days a weeK 52 weeks of the year bar Chrisimas and Bank Holidays. Our elde desire independence, dignity and self-reSL (hjr five-fold programme is designed to help them Improve their physical and mental wellbeing through.. ?roup exercises to stimulate the mind. e.g. arts & craft classes. regular qui4 reminiscing and memory game sessions group exercises to help physical fitness and promoie health>. lifestyles. e.g. seated exercise elasses and Yoga 5e5sions- plus thlks by the Alzheimer's Society 8t Briiish Heart Foundation. etc liiil. group recreationa] activities. e.8. bingo. day trips the Seaside. cinem& e nutritious meals.. about 5.0(K) cUltUlY and dietary sensitiwe lun¢he5 were prepared on-site and served by our chef Iv) advice and signFA)sting t(p servr¢eK e.g. to Advisory Services Cn)ydon
REPORT OF THE NIANAGF.IIF.YT COMMITtEE TO THF. MEIIBERS OF CROYDON AFRICAY CARIBBEA) F..IMILI' ORGAP4ISATIOY IIK Development. xttivitie$ ind aehiewerneDts for the year (Continutdl ThTough this progrdmme we are highly succtssful at reducing the fttling of isolation and lonelines5 among membeTS. We are also successful in helping elders to maNimise their independen¢e and wellbein& lo live in their own homes for longer and. in many cases. we provided their only hot meal of ihe day. There are usually aiK)Ut 10,000 visits to the eentre throughout the year. However. 2020QI was an)thing but usual. The covirN19 Pandernic Ta¢ed awund ¢he world resuliing in lockdown of most social and economic a¢tivity. The average age of CACFO Uk's Adult Ceniie was 85 years old. When the UK Governtnetlt announce41 its lockdown njles in March ?O?O, all of our eldeT5 fell in ihe ¢ategory of vulnerable and required to stay at home. The Day Ccntre therefore closed on 20 March ?O)O and retnained so throughout ihe 2020121 rinancial yeat infomied by continllous review and adherence to Governrnent COVID-19 guidelines. However, demand from elders remained undimit)ished. in iernis ofneed for hot meals. exercise and social int¢Taction. Ac¢ordingly. we developed a pack4oe of measures th* could be delivered using technology. e.g. Group chats so elders remain in contact with each other where TK)ssible. dailv calls fTom CACFO volunieers to do readings over the phone, reminiseinl tic and even to encourage seated exercises at horne through the use of non- illtrusive ie¢hnology, $0 nMberS did not forget thetr roulines. The e¥erci5e cl&sse5 proved particularly popular, with elders quickly getting io gTiPS With Zcom and the online routines. Equally popular were a special serie5 of interdetive WindTush reminiscing sessions run partnetship with a professional anisL aided by props and special guesis. We also PTovid¢d a Covid seeure weekly meal delivery seTwce. offering one hot meal and a bag of 8Tocerie5 for five day5. lo eldeT5 each Thursday in resp)nse io need. This service was delivered to the dooT throughout the year. Chri51mas dintw was provided 100. diveT5e plate thai allows young people io over(x)me challenges. fears and lack of confidence and to regain 5elf- belief that they fdn excel in acadeTnic learning and peTsonal development. As in previous years, many pupils arrived via the local authority increasingly from local %hools under our respite offer. Like the Adlllt Day Cen¢re. the school also faced challenges stayin£ open due to COVID. In discussion with the Local Council, a decisson was made io close the s¢hool on 25 March until 8fter the Easter break. It resumed on ?0 April but providing a redured ¢urri¢ulum via a Virtual platfomi IDoodlcl. Fxclllding short pcriods in bee¢. il only fully re0ed at the 5¢hool site, and with a full curriculum. on 8 March ?O?l. Our social club reJnaind closed throughout the riod. The Management Cornmittee is grdteful to our team of volunte¢T5 who - 50 ably - help and support our small ieam of paid staff. L2s¢ but noi leasu we extend our thanks to our elderly rnembers and their carers for their continued supw)rt and dOnlonS io a gd cause and, of cgurse. lo our partners.
REPORT OF THF. MANAGEIILNT COMMITTEE TO THE.%IENIBERS OF CROYDON AFRICANI CARIBBE..IN F.4MILY ORGANISATIOIY UK Finantial Positio Details of the chafiW5 financial affairs for the ycar under review are shown on page5 6-12 of the firtancial statement. Reserves It is the px)licy of the charity to maintsin unrestricted fvnds a level u'hich equale to 12 monrhs unresthcted expenditUT¢. This provides sllffitient funds to cover managemenL adtninistraiion and sUPPOrt cost. Currently most re5erve5 have been eamiked for Specific projects. Risk Management The trustees actively reviem ihe major risk whi¢h the charitv faces on a ulaT basis and believe thai maintaining reserves ai cutTent level& combined wth an annual Teview of the controls over key fjnanrial systems, will provide sutTicient rwurces in ihe event of advers¢ conditions. The trustees have also examined other operational and business risks fa¢ed by the charity 2nd ¢onfitm that they have established 5ySt¢ms to mitigate the signifjcant risks. Man&gernent Committee The members of the manement comminee as at the end of Ehe yeai were.. Mr Callion Young Mr Adrian Dertnis Mr WInsn Bernard Mr lan Griffith Mr Zedford James Mrs Hazel Davis Secrelary TieasuTer MetnbEr Member Member Retruitment #nd appointment of Mangernent Committee Under the requirements of ih¢ )nstItUtION the Mernbe of the Management Comttbittee are elected to serve for a period of one year after which they must be re*le¢ted at the next Annual Generdl Meelin
REPORT OF THE M,IN.4GL"IILNT COMMITTEE TO THF. MENIBERS OF CROYDON.4FRICAN CARIBBE.4N F.4MJI,Y ORGAYISATION UK Management Committee Responsibtlities For The Financial Statements The law requires us the ManaeMcn1 commiliee lo prepare ihe financial statements for each year which give a true and fair view of the state of aifairs of the Organi101) and of its sllrpllls and deficit for thai period. In preparing the financial statements wr are required to= lal select suitsble accounting policres and apply them consistently through the years Ibl make judgements and estimat¢s that are reasotlable and prudent state whether applicable accounting standards havt been follow¢d. subject to any material departures that should be disclosed and explained in the financial st21emen¢s. Id) prepare the financial statements (>n the 80ing toncern b&sis unless li is inappropriate to presume that the organisaiion will continlle in bu51ne5S. We are responsible for keeping Proper accouniing records which dI10$t with reasonableaccuracy any time the financial position of lh¢ charity and enable thern to ensute that the financial statements Comply with the Ch3ritie5 Act ?01 i. We are also responsible for safeguarding the assrts of the charity and tak-ing rea9)nable steps for the prevention detection of frdlld and other irregulariiies should they exist. Examiner Me5srs Leroy Reid & Co. have inditated their willingness to serve as the indqKndent examiners and a resolution re-apwinting them will be prO[d at the annuaj 8enern] meeting. By.Qrder OfTht Management Committtt Chairperson
REPORT OF THE EXAMIP4ERS TO THE MEMBERS OF CROYDOli AFRICAN CARIBBE.41 FAMILY ORGANISATION IIK We report on the fin8n¢iaJ statements of the ¢harity for the year ended il st Mah 2021. which are set out on pages 6 to I The financial rerM)rting frarnework that has been applied in their preparation ts appli¢able law and United Kingdom Accouniing Stsndards including Financial RewTrrting Standard 102. Respettive Respo51b111t1es of Trnstees and Examiners As the charity's ITUStees. you are reswnsible for the PTepat*ion of the aecounts. You also consider that the audit requirement of Section 1441?) of the Charities Act ?oi I (the 2011 Act) does not apply and thal an independent exarninaiion is needed. Having l$fIed ourselves that Ihc charity is noi subject to an audit and is eligible for independent examination, il is our responsibility 10: e.xamine the accounts under seetion 145 of the 2011 Ael lil). to follow the procedures laid down in the genetal DirectÈons given by the Charity Comrnis5ion under section 14515Kbl of ihe ?01 l Act.. and liiil. to state whether particular matters have come to our attention. Basi5 of Indeptndtht Examiner's Report Our examination was ¢aTried out in accordance with ihe Generdl Diretiion$ given by the Charity Commissioners. An eiamination inelud&% a rewew of the xcounting recoids kept by the chariiy and a comparison of the a¢¢oun15 presented with those records. li a150 includes consideration of any unusual items or disclosures in the accounts, and 5¢ek"in4 explanations from you 3$ trustees concerning any such matters. The procedu5 undertaken do not provide 1 the evidence that would be required in an audit. and consequently no opinion is gÉven as to whether the accounts present a 'irue and fair view. and ihe rew>rt is limited io Iliose matier$ Set out in the ststeTnent below Independent Examiner's St4ternent In conTh¢ction with our examination, no manet has come to our att¢tiOn= which give us reasonable cause to believe that in any MtrIal respect the requirements to keep accounting records in xcordan¢e with Section 130 of ihe?O I l ACL and to prepare accounts which oc¢ord wilh the accounting records at)d comply with the accounting requiremenis of the 2011 Act have 0t been met. or 121 to which. in our opinion. attention should be drawn in order to enable a proper undersianding to be reached. LEROY REID & CO CHARI'ERED CERTIFIED ACCOUNTANTS AND REGISTERED AUDITORS 299 NorthFK)rough Road Norbury London SW16 4TR
CROYDON .4FRICA% CARJBBF..4N FAMILI. ORG.IN.ISATION UK STATEIIENT OF FIN.ANCIAL ACTIN'ITIES YEAR F.NDF.D 31ST M.4RCH 2021 IYCOMING RESOURCES NOTES Restri Unrestricted 2021 2020 Charitsble activities Grants Generdted funds Activities and t)onations Bank Interesi Tot81 incoming resource5 Ilb1&2 44.032 44.032 46.913 Ilb1&3 Ilbl 85.075 19 179.126 85.075 19 129.126 249.124 69 296.106 RESOURCES EXPENDED charlble activities Ilg1&4 170.870 170,870 302,895 Totsl resources expended 170.870 170.870 302,895 Net Incoming resouT¢es 141.7441 141.7441 16,7891 Funds brought fon¥ard 76,416 Futtd5 carried fonvard £0 4ffi72 £34.672 £76,416 There were no recognised n$ and losses other than those p&ssing through ihe Income and Expenditure The accompanying notes fonn an iniegrnl part of the accounts
CROYDON .4FRIC.AN C.ARIIIBL.4N FAMILI, ORGANISATION UK BALACE SHEET AS ATJIST MARCH 21121 NOTES 2021 2020 FIXED ASSETS 27.416 26.898 CURRENT ASSETS ash and bank balances 61,080 20,873 61.080 CREDITOILS: Amoun1$ falling due within ont year 18.6171 111.5621 NET CURRENT (LIABILITIES) ASSETS 12.256 49.518 NET A&SETS £34.6n £76.416 FINANCED BY: UNRES'fRICTED FUNDS GeneTal fund Designated fund 14.672 20,0(M) 56.416 20.000 £34ffj72 £76,416 Approved by the man£ent Committee aTtd signed its behalf.. Chatrperson.............. Tre&surer................................................. Date. The a¢c4)mpanying not¢s fonn an intrgtal part of the ac¢ounts
CROyD0 AFRICAN C.4RIBBEAN FAMILTr' ORGAISISATION UK OTES TO THE FIY,IYCI,IL STATEMENTS Tr"L.4R E)DED 31ST NIARCII 2021 ACCOUNTING POLICIES {al Aceounting Convention The accourtis are Prepared under the hiMoTical c051 convention. The fIrclaI siaiements have been prepared in accordan¢e with the statement of Rteommended Practice.. Accounting and RerM)rting by Charities preparin? iheiT accounts in accordance with tlie Financial Reporting StandaTd applicable in the UK and Republic of Ireland Icharities SORP FRS 102 and the Charities Aci ?0 I I l. CACFO UK eonstttuies a public benefit eniity as defined by FRS 102 {bl Income All in¢oTning resources a included in the statemeni of financial activities when the charity is eniitled io the income and the amount ¢aN be quanÉifJed with reasonable accurdry. The following Splf1¢ policie5 art applied to particulat categories of income". Volunthry income is received by way of grants, donations and gift and is not conditional on ihe deltvery of a specbfic perfornian¢e by the company, and is recognised when the ¢h8rtty be£omo% unconditionally entitled to the gran¢. Investmeni income is included when receivable. Incoming res()ui¢es frorn charitable ttading activity are atcounted for when earned. ItLcornin8 resources from grants. where related io perfortnance and deliv¢iabl¢s. are ac£ollnied for as the charity eams ihe right io the ¢OTt5id¢ration by its perfotrnance. Ic) Deprt¢i#tion Depre¢iaiion is provided a¢ rate5 which are iniended to write off the cosi of the asseis over iheir esiimated useful livcs as follows= Motor Vehicles Equipment and Furnitur¢ loo 25QA Id) Fund Accounting Grdnts and similar income which are sbJeC(¢d to restrictions by the donors are shown as reslricled runds and any expendililte incurred 711 be sel off against the fund. All other intome and expendiiure are shown as unrestricted.
CROYDOTri ATr'RICAli CARIBBEAfi F,MILI'" ORGANISATION IIK P40TES TO THL FlTrANCIAL STATENIEN'rs I'EAR ENDED315T M.4RCH 2021 lel Resources Expended Resources expended are included in the SteMen1 of Financial Activities on an accrual basis, inclusive of any V AT. which cannot be recovered. Expenditure which is directly attributable to specific activates has been included in these ¢osi cateOries. Where costs are attributable its Itre tlian one a¢iivity, they have been aprtIoned across the cosi categories on a tonsisteni b&sis with the use of these resources. ID Value added t*x Value added t&x is Dot recovetable by the Charity aTtd as such is included in the relevant costs in the S¢at¢Tnent of Fittancial Acliviiiek Igl Charltable activtiies Cost of activities repre5ent5 ihose cost incurr¢d by the charity in the delivery of its activities and seTViC¢S for the beneficiartes. It includes tK)th cosi can be allocated directly to such activities and those cost of an indir1 naluie necessary 10 5UPIK>rt ihern.
10 CROVDON,IFRIC,I) CARIBBF..4Tr4' F..IMILI' ORGANISATIOY UK )OTES TO I'IIE FINANCIAL ST.4TLMENTS (COliTl%I UED) YEAR EPiDED31ST M.4RC.H 2021 2 GRANTS Resiricied Urtre5tricted 2021 2020 Croydon Council-voluntary Seelor 44.032 46,913 £46.913 £44,Oi2 £44,032 ACTIVITIES AND DOPIATIONS School Fees Lllncheon ¢lub Hall hire Fundraisirtg and others Resthctd Unrestrict 77.083 4,-181 420 i.191 £S5,075 2021 77,083 4,381 420 2020 71,707 4,575 £85.075 £249.124 4 CHARITABLE ACTITr'ITIES Salarie% and wages Pension tosis Rent and rate5 Special events and conferences Trdvel and subsisttnce Volun¢eer cost and expetlses Agency fees Caiering. fo(Ml and pmvision Training and development Teachinu and suptK)rt seThices Coach and motor ruThning cost General expenses Light and heat Repairs, maintenance and cleaning Computer consuTnables Postage, station. printing & telephone lTrteTest and bank Charges DepTeciation Accountarw and e¥amination Insurance and licen¢es Restrtcled U[eStrIcted 2021 45,961 945 8.8(M) 2.505 2020 114,880 1188 8,672 10.060 45.961 94) 8.8(Kl 2.50) 3.299 3.299 6.546 9,427 7.711 89.923 7.969 57? 3.991 12,023 2.961 3,382 572 1.042 1.042 802 74,603 3,401 480 3,193 2,610 2.049 ?.769 314 4.482 2.675 10.940 £170.870 74.603 i.401 480 2.610 2.(H9 2.769 314 4.48? ?.675 10.940 £0 £170.870 4.482 £30? 895
CROYDON AFRICAN CARIBBEAN FAMILY ORGANISATION UK TriOTES TO TFIF. FIN.&N'CIAL s'fATEMENTS (COliTI,UED) I'EAR EYDED31ST hlARCH 2021 FIXED ASSETS lotor FurNilure & Vehicle E ui Total COST OR VALUATION oPeillg balance Additions for the year Diswsal Closing bala[e 44.826 22.864 67,690 44.826 22,864 67,690 ACCUMULATED DEPRECIATtON Opening balance ChaTge for the year Diswsal Closing balarKe 17.928 4.489 22.864 40,792 4.482 2?.410 22,864 45274 NFf BOOK VALUE at 3 1st March ?O?I £22.416 £0 £22,416 as at 3 1st Mareh 20?0 £26.898 £0 £26,898 6 CASH AND BANK BALAiYCES 2021 21120 Cash in hand Barclays Bank Icommuniry a¢countl Barclays Bank IEduGqtionl Barclays Bank IFundraising account) Barclays Bank IWindTush Dayl Barclays Bank ITreasur)' account 49 3.975 673 49 1,640 30,543 848 80 16,019 £20,873 28.000 £61,080
12 CROYDOP4 AFRICAN CARIBBEA% FAMILY ORGANISATION UK IIOTES TO THE FIN.411 C.IAL SI-.4TEMEfiTS ICOP'TINUEDI I'EAR ENDED31ST hlARCH 21121 CREDITORS- Amoun15 falling due within one year 2021 2020 Other taxaiion and social security Other ¢reditor5 and accrnals 4.448 8.930 £8.617 £11,56? liNRESTRIC.TLD FUND C.ENER.4L FliND Opening balancc Surplu5 Ideficitl for the year Transfer from Restricred Fund Transfer tolfrom Designa¢ed Fund Closing balance 21121 21120 56.416 141.7441 63.205 16.7891 £14,672 £56.416 DESIGPIATED FUIYD Opening balancc Trartsfer tolfrom General Fund Clostng balance 2021 ?0,000 2020 20,000 £20,000 £?o,000 An amouni of £20.000 has been set &sid¢ In a designated fund WardS the main charity's strategic development. consuliancy work. emergency Nehicle hire. cover emergency stsff costs and redundancy payments. ANALYSIS OF NET ASSETS BETII'EEf4 FUNDS Re5tricd Unresiricied Toial 22.416 1 ?,256 4,67? Tangible Fixed Assets Net current asse 22,416 £0 £j4,679 10 TRUSTEES REMLiNERATIOIY AliD EXPLNSES No Femunerdlion was paid to tnjstees in ihe year. nor were any expenses reimburs to them. I I GOING CONCERN-COVID 19 Th¢ management eommittee have taken initial steps to consider the itnpact that the COVID 19 situation may have on the chaTity and consider that CACFO UK has adeqwe and suificient sources of funds avaalable for the foreseeable flltllre. Therefore the management committee believe that 11 IS 8PPtopriate for this reason to continue to adopi the (poing con¢etn basi5 in preparing the financial si*ements for the year ended 3 1st Mar¢h 2020.
CROYDOI¥4 AFRICAN CARIBBE,II% FAMIL) ORGANISATION UK INCOME AND EXPEYDITI'RE.4CC.QIINT I'EAR EIDF.D31ST NI.4RCII 2021 INCOIMifiG RESOURCES Grant Activities and donation Bank Inieffst £¢1¢1 Untt5tricled 2021 44.Oi2 85.075 19 2020 46,913 249,124 69 44.032 85.075 19 129 126 129 126 296 106 COST OF CHARITABLE ACTIVITIES Salarie5 and wages Pension costs Rent and rdtes Special events and confertnces Trdvel and subsisten¢e Volunteer Cost and expenses Agency fees Catering. food and provÉsion Training and development Teaching and sUprt services Coach and motor running cost General expenses Light and heat Repair& maintenance and cleaning Compllter ¢otLsumables Postage, stationery.. printing & telephone Interesi and bank charges DepTe¢iation A¢countaCY and examin]0 InSrance and licences 45.961 945 45,961 945 8,800 2505 14.880 2.188 8,672 10.060 246 2.ios 3.299 3299 6.546 9,427 7,711 1.042 802 74.603 3_401 1.04? 802 74.603 i.401 480 3,193 ?,610 2,049 2.769 314 4.482 ?.675 10,940 7.969 57? 3,991 12,023 2.961 3,382 572 480 3.193 2.610 2.049 314 4,482 3.271 ?.675 10.940 Total resources eipended £0 £170,870 £170.870 £iO? 895 Net io¢omin8 resources 41,744 £0 %41744) £ 6,789