CROYDON AFRICAN CARIBBEAN FAMILY ORGANISATJON UK FINANCIAL ATEmElyTs YEAR ENDED 31ST MARCH 2025 Charity Number: 1153669 Busin5 Address: 40 Northwood Road Thornton Heath Croydon CR7 8HQ Management CommitteE Officers: C Young OBE - Chair W . Bernard - Treasurer Davina. Brown - Secretary Barclays Bk PLC Brigstock Road Branch Thomton Heath Independent Examiners: tkroy Reid & Co. Chartered Certified Accounlants and Re8i8tered Auditors 299 Northboroush Road Norbury London SWI 6 4TR
CROYDON AFRICAN CARIBBKAN FAMILY ORGANISATION UK lIEx TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 CONTENY3 PACE Rert of the Mgnagenient Committee Report of the lThlependent Examiner ststement of Financial Activities Balance Sheet Notss to the FiThan¢iv41 Statements 8-12
REPORT OF THF. MANAGEMENT COMMITTEE TO THE MEMBERS OF CROYDON AFRICAN CARIBBEAN FAMILY ORGANISATION UK CACFO'S Managemcnt Cojnmittee 18 pleascd to present oi)r report and the exajnined finai]cial statement for the ycar ended 31 March 2025. Status CACFO is in its 32Dd yrar sincc IKing sct up in 1993. It became an unincorporated charity. governed by a constitution on 4 October 1994 (amended 20 June 1995). It later became a Charitable IncorpoTated Organtsation governed by a &)nstitution with voting member5 other than charity tru5tec5 on 30 May 2014 in order to lirnii liabilities. At the same timfy there was & fornial narnc change to 'CACFO UIC, the shorter ndme, 'CACFO'. continues in day-tO-d8y use. Objective prineipal aetivitl¢s of the charity CACFO'S coilstilutional objectives are 'to promote Ihe benefit of. in particular biit not exclusively) African and African Caribbean descendants in the bDrough of Croydon without distinction of age. sex, race, political OT religious or other opinions, by associating the lod authorities, voluntary organisations and inhabilants in a ommon effort to provid¢ facilities in Ihe interesls of social welfare, education OT recreation and leisu tiine occupation for the benefits of the residents of Croydon,. Our mission stat¢m¢nt is to 'ca for OUT Yoiith, Care for our Clders, Care for our Community,. Developmen¢ getivltlU and achievements for the year The Manage]nent Committee continued lo pursue CAFCO:s objectives and mi&sion primarily through successfully running oiir Aduli. Day Centr4 summer school, and community c£ntre. Our Aduli Day Centre re]aIned open 9 10 4, five day5 a week providing our five-fold programme of activities linked to eld¢r3 maintaining their independenc4 dignity and self-respecl: (i). group exercises to stimiilate the mind, e.g. arts & crdft classes, regular quiz, reminiscing and Inernory sessions. (ii). group exercises to help physical fitness and promote h¢althy lifcstyl¢s. c.g. seatd exercise ¢lass¢s - plus professional talks, ¢.g. by the Alzheimer's Society. etc (iii). group rccre8tion&l activities. e.g. bingo, day trips, etc (iv). nutritious m¢als: culturally and dietsry sensitive lunches prepared on-slte by our chef. (v) advice and signposting to 8ervices and professional help, e.g. to Croydon's Adult Health and Social Care Services, the Government',s Windrush Compensation Schcme.
REPORT OF THE MANAGEMENT COMMirrEF TO THE MEMBERS OF CROYDON AFRICAN CARIBBEAN FAMILY ORGANISATION UK Dtvelopmon4 aetivitles #nd achlevements for tbe year (Continued) Through this programme of activilies, we have been particularly successful at reducing the feeling of isolation and loneline&s ainong elders, and. iii soine cases. have provided elders with their only hot mea] of the day. Our twice weekly seatsd exeTcise Classes and weekly 'Music, Memory and Movement, sessions run for us by KORA rcmained very popular with elders. Elders converse at them, reminisce. laugh. and dance. They forni new friendship groups and feel energised. CACFO would like to thank Ziirich Comrnunity Tnt {zcr) for its financial sponsorship during 2024125 - and Zurich's local staff for volunteering to do prujects at CACFO under 7cr's Summer Challenges and Winl'cr Challenges. This financial help was vital to the viability of CACFO'S Music, Mcmory and Movement, scssionq and keeping CACFQ'S MirLibus Service runnin& following its r¢intriKluction after Shutdown during Covid. We a180 thank Croydon 60+ Benevolent Fund Ltd for its financial donation to this work and staff at Croydon Primark. Primark's staff also donated practical Christmas gifts for CACFO'S eldws, whether bought themselves or collected from custonier5 at a cliarity display they placed, supportcd by manageinent, front of sto CACFO would also like to thank the Windrush Justice Programme for ils sponsorship of our Windrush Compensation Surgeries, run with Mandala Community Services, to help local cldcrs and others affected by the ongoing Windru¥h Scanthl. We warnily acknowledge a donation from Wandsworth National Education Union whose members were touche41 by this vital communTty work, and 2180 wanted to contribute tTr it. CACFO held a wonderful Windrush 75 celebration on 22 June 2024 with spDn50r51iip from The Albert Hunt Trust. This well attended event broiight together Wiiidrush charities troTll Across Cr(Jydon. and would hav¢ rnade respective Windrush g¢nerdtion foundcTS proud. Held in CACFO'5 Windnish Gardgn, with its theme of 'Our Pioneers, Our Heroes, Our Contriblltion,, Croydon w1ndnh elders, their dc5cendants and others came together at this milestune date to celebrate the contribiition th8t tkey and other Caribbean men and women have mad4 and contTnue to make. to Britian's wellbeing. CACFO. as ever, ran & Summtr School. Unfortunately. this was smaller than usual as absence of Local Council funding for our charity in 2024 meant charging for student places. CACFO'S Domino Club remained active thtY)ughout 2024125 Ineeting three evening5 per week and proving &n ever-popular draw for the local community. Th¢ Manag¢m¢nt Coinmittee is gratsful to CACI;O's team of volunteers who gave senerously of ih¢ir time in support of our small team of regular slaff. Finally, we extend our warmest thanks to CACF(Ys elderly members who attended our Adult Day Centre In 2024/25 and together wlth the Day centre's team derlved so much and gave so much back In return maklng the Committee's role worthwhlle,
REPORT OF THE MANAGEMENT COMMITTEE TO THE MEMBERS OF CROYDON AFRICAN CARIBBEAN FAMILY ORGANISATION UK Fingneial Position Details of the charity's financial affairs for the year under review are shown on pnges &12 of the financial statTrent. Reserves It is the policy of the charity to maintain unrestrided funds at a level which equate to 12 months UTJr¢stricted expenditure. Thib pmvide5 suffiGi¢TJt fun¢l8 lo cover manageinenL administrntion and Support cosL Currently most reserves have b¢en earnwked for specific projeths. Rlsk Mgnagement The trLbStees actively review the major risk which the Gharity faces on a regular bdSi5 and believe that maitrtaining reserves al current levels, ¢ombln¢d with an annual review of the controls over key financi81 system& will provide sufficiefit resources in the event of adverse cfjnditions. The trustees have also examined other op¢rntional and busin8 risks faced by the charity and ¢onfinn that they have estsblished systenL8 to mitigate the significanl risks. Mgnggem¢nt Committe¢ The members of the management committee as at the end of the ye8r werv.. Mr Callton Youiig Chair Mr Winston B¢rnard Tre&8urer Ms Davina Brown Secretary Mr Ze41frird Jarn¢s Member Mrs Hazel Davis Memb¢r Mr Lionel Stirling MeTnber Recrultment and 3ppolnlm¢nt of Management Committee Uiidtt the requirements of the constitution the m¢mlS ot t Mawtmenl Committee are elected to s¢rve for a period of one year after which they must be te-elected at the next Annual General Meeting.
REPORT OF THE MANAGEMENT COMMITTEE TO THE MEMBERS OF CROYDON AFRICAN CARIBBEAN FAMILY ORGANISATION UK Man*gemÈnt Committe¢ Responsibilities For The FinAneial Ststtments Th¢ law requires us the managem¢nt coinmitte¢ to prepare the financial statements foi. each year which give true and fair view of the state of affairs of the organisation and of its surplus and deficit for that period. In preparing thc financial statements we &e required to: (a) select suitable accounting poli¢ies and apply them consistently through the years (b) make judgcm¢nts and &qtimate3 that are reasonable and prudent (c) state whether applicable accounting standards have been followed, subject to any material departures Ihat should bc disclosed and explained in the finhncial stat¢m¢nts. (d) prepare the financial statcments on the going concern basis unkss it 15 inappropriate to presume thal the organisation will continue in business. We are responsible for keeping proper accounting records which dlsclose with reasonable accuracy at any time the financial position of the charity and enable them to ensllre that the financial statements comply with the Charities Act 2011. We are also responsible for saftguarding th¢ assets of the charity and taking reasonablc step5 for the pr¢Yerrtion and detection of fraud and uther irregul&fities should they exisL Examiner Messr5 Leroy Reid & Co. have indicated their willingne5S to serve as the independent exami113 and a resolution re-appointing them will be proposed at the annual genernl meeting. By Order Of The M8n8gernent Committee Chairpei'50n
REPORT OF THF EXAIVIINERS TO THE MEMBERS OF CROYDON AFRICAN CARIBBEAN FAMILY ORGANISATION UK We report on the financial statements of the charity for thc year ended 3 1st March 2025. whi¢h are set out on pages 6 to 12. The financial reporting framework that ha5 been applied in th¢ir preparation is applicable law and United Kingdom Accounting Standards including financial Reporting Standard 102. Respective Responsibilities of Trustees and Ex#miners As the charity's trustees, you arc responsible for the preparation of the accounts. You also consid¢Y that the audit requirement of Section 144{2) of the Charities Act 2011 (the 2011 Act) does not apply and thal an independent examinaiion is needed. Having satisfied ours¢lves that the charity is not subject to an audit and is eligible for indeIdent examinalion, it is our responsibility to: (l). exnmine the accounts under seciion 145 of the 201 l Act (ii). to follow the procedures laid down in the general Dircciions given by the Charity Commission under section 145(5)(b) of the 2011 Act., and (iii). to state whether particular matters havc Come to our attention. Basls of Independent Exr4mlner'8 Report Our examination was carrted out in accordance with the General Directions given by the Charity Commissioners. An examination inLludes a review of the accounting records kept by the charity and a comparison of the accounts presented with Ih05e records. It also includes consideration of any iinusual itLms or disclosures in the accounts, and seeking explanattons from you as trustees concerning any such matters. The proccdures undcrtaken do not provide all the evidenLe that would be required in an aiidil, and conscquently no opinion is given as to whether the dccourits present a 'true and fair vieW and the rert is limited to those matters sei out in the statement below Independent Exgmoner's St4t¢ment In connection with oiir examination. no matter has come lo our attention: (l ) which give us rOnable cause to believe that in any material respect the requirements to kecp accounting record5 in accordance with Section 130 of the2011 Act. and - to prepare ac¢ounts which accord wilh the accouilting records and comply with the accounting requirements of the 2011 Act have not en met. or (2) lo which, in our opinion. attention should be drawn in order to enable a proper understanding to be reached. VG LEROY REID & CO CHARTERED CERTIFIED ACCOUNTANTS AND REGISTERED AUDITORS 299 Northborough Road Norbury London SW16 4TR
CROYDOiY AFRICAN CARIBBEAN FAMILY ORGANISATION UK STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST MARCH 2025 INCOMING RESOURCES Restricted Unrestrictcd 2025 2024 Charitable activttles Grants Generated fvnds Activities and Donations Bank Interest Total incoming re8ource8 l(b)&2 9,233 l(b)&3 l(b) 85310 934 86,244 85,310 934 86,244 88,466 98,384 RESOURCES EXPENDED Charitable activiti&s l(g)&4 117.253 117253 113,295 Tolal resources cxpended 117253 117,253 113,295 Net Incoming resources 0 (31,009) {31,009) (14,911) Fun(L% brought forward 78,887 93.798 Fund8 ¢arrkd forward £47878 £47 878 £78 There were no recogni5gd gains and losses other than ihos¢ pSing through the Incornc and Expenditure The accompanying notes forni an inlegral part of the accounts
CROYDON AFRICAN CARIBBEAN FAMILY ORGANISATION UK BALANCE SHEET AS AT31sf MARCH 2025 202 2024 FIXED ASSETS 4,488 8.970 CURRENT ASSETS Cash and bank balances 46.011 73.869 46,011 CREDrroRS: Amounts f4111ng due witltin one year (2,621) {3.952) NET CURREwf (LIABILITIES) ASSETS 43,390 69,917 NET ASSETS £47,878 L78,1187 FINANCED BY: UNR£STRICTED FUNDS General fund Designated fund 27,878 20,000 58,887 20,000 .£47,11711 £78,887 Apprvved by tlie Management Committee and signed on its behalf: Chairper50n.... Date. Tmurer.... The accompanying notes fomi an integral part of the accounts
CROYDON AFRICAN CARIBBEAN FAMILY ORGANISA TION UK NiYfES TO THE FINANCIAL STATF.MENTS YEAR ENDED 31sr MARCH 2025 ACCOUNTING POLICIES (a) Accounting Convention The accounts are prepared under the historical cost convention. The financial statements have been prepared in accordance with the statement of Recommended Practic£: Accounling and Reporting by Charities preparing thetr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP Flis 102 and th¢ Charitie5 Act 2011). CACFO UK constitutes a public bEnefit entity as defined by FRS 102 {b) Income All incoming resoiiTces are includ¢d ID the statement of financial activities when the charity is entitled to the income and the wnount can be quantified with r¢asonablc accuracy. The following specific policies are applied to particular categories of income., Vollmtary inwrne is received by way of grants. donations and gift and is not conditionAI on the delivery of a specific perforinance by the company, and 15 rccognised when the cliarity becoines unconditionally entitled to the grant. Investment income is included when r1Vable. Incoming resources from charitable trading activity aye accounted for when earned. Incoming resources fivm grnnts. wherc rclated to perforniance and deliverables, are accounted for as the charity carns the right to the consideration by its perforniance. (c) Depreclation Depreciation 18 provided at rates which are intended to write off the cost of the a55ets over their timated useful lives as follows: Motor Vehicles Equipment and Furnitui'e 25% (d) Fund A¢countin8 Grdnts and similar incorne which are subjected to restrirttons by the donors are shown &5 restricted funds and any expenditvre incurred will 8et off lain$t the fund. All other incom¢ Bnd expenditure are shown as unrestricted.
CROYDON AFRICAN CARIBBEAN FAMILY ORGANISATION UK NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 (¢) liesourtes Expended Resources expended are ill¢luded in th¢ Statement of FiDancial Activities on an acCThl basis, inclusive of any VAT, which cannot IK recovered. Expenditure which is dirccdy attributable to specific activatss has be¢n included in these cost categories. Where costs are attributable to more than one activity, they have beM apportioned acros5 the cost Categori on a consistent basis with the use of resources. (fj Value added tsx Value added tsx is not recoverable by the charity and os such is included in the relevant costs in the Stalemcnt of Financial Activities. (g) Ch8rilabl¢ activities Cost of activitie5 Ycpresents tl)os¢ cost incurred by the charity in the delivery of it8 activities and scrvices for the beneficiaries. It Includes both wst that (an be allocated dire£tly to such activitiC5 and thos¢ cost of an indirect nature necessary to support them.
10 CROYDON AFRICAN CARIBBEAN FAMILY ORGANJSATION UK NOTES TO THE FINANCIAL STATEMENTS (CONTTNUED) YEAR ENDED 31sr MARCH 2025 2 GRANTS Restricted Unresti'icted 2025 2024 Croydon Council-voluntary Sector 9.233 £9,233 £0 £0 £0 3 ACTIVITIES AND DONATIONS School Fees Luncheon club Domifto Club Hall hire Zurich Community Trust ARE Windrush Surgery Fiinding Community Fund The Croydon 60+ Benevoleiit Fund Lld Albert Hunt Trust-windrush Wandsworth National Educition Union -WindTrh Fundraising and others Restricted Unrestricted 25 24 12,787 26,112 43,749 900 10,251 16,500 5.50rJ 43,749 900 10.251 16,500 5,500 16,949 17,333 2.OOC 9.000 1,000 4,000 300 1,000 4,000 3(Kl £0 £85.310 £85,310 £88.466 4 CHARITABLE ACTIVITIES Salaries and wages Pension ¢03ls Rcnt and rates Special events and conferences Volunteer cost and expenses Professional fees and services Catering , food and provision Training and development Teaching and support services Coach and motor running cost Light and heat Repair& maintenance and cleaning Compuler consumables Postage. stationery. prlnting & telephone Interest and bank charges Depreciation Accountancy and exainination Insurance and liceiices RSrIc¢ed Unr&%trictcd 16.701 312 8.912 3,725 98() 2024 28.228 285 71.160 7,371 2,042 19,289 6,722 16.708 312 8,912 3,725 980 38.777 7,731 2,700 38.777 7.731 2.700 2.875 400 4,041 10,378 769 3,146 437 4,482 2,796 6,074 £113,295 5,053 6,999 8.454 141 5,053 6,999 8,454 3.813 255 4,482 2,606 5,605 £0 £117.?53 3,813 255 4,482 2,6n6 5,605 £117,253
CROYDON AFRICAN CARIBBEAN FAMILY ORGANISAT]ON UK N(YTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31ST MARCH 2025 FIXED ASSETS Motor Fvrnilure & VL.liielc Totsl COST OR VALUATION Opening balanc¢ Addition5 for the year Disposal Closing balance 44,826 22.864 67.690 44.X?6 22,864 67.61) ACCUMULATED DEPRECIATION Opening balan¢e Charge for the year DisSaI Closin2 balance 35,856 4,482 22,864 58.720 4,482 40,338 22.864 NEf BOOK VALUE as at 31 st March 2025 £4.488 £0 £4.4X8 as at 31st M2Ych 2024 £8.970 £0 £8.970 6 CREDITORS: Amounts falllng due Jvlthln one yevlr 2025 2024 Other taxation and social security Other creditorJ and accruRIs 657 49
CROYDON AFRICAN CARIBBEAN FAMILY ORGANISATION UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31ST MARCH 21f25 12 UNRFSTRICTED FUND GENERAL FUND Opening balance Surplus (deficit) for the year Transfer from Restricted Fund 'rransf¢r tolfrom Designated Fund Closing balance 2025 2024 58,887 (31,009) 73,798 (14,911) £27,878 *58.887 DESIGNATED FUND Opening balance Transfer tolfrom General Fund Cjosing balance 2024 20,000 20.000 £20,OQO £20,OQO An amount of £20,0(Kl h&8 been set aside into a desigmated fund towards the main Gharttys strategic developmenL consultsncy work, ¢mer8en¢y vehicl¢ hi, cover ¢mergeIy staff costs and redundancy 9 ANALYS OF IYET ASSETS BETWEEIY FUNDS Reslriclcd Unro.i' IriLlcd 4,488 Tangible FixeAI Ass¢ts Net curr¢nt assets 4,488 43,390 £47,878 £0 £47,878 I O TRUSTEES REMUNERATION AND EXPENSES No rnnuneration was paid to trustees in the yeRr. nor wer¢ any expenses reimburJed to them.
CROYDON AFRICAN CARIBBEAN FAMILY ORGANISATIOiY UK INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31ST MARCH 2025 INCOMING RESOURCES Grant Activities and donation Bank Inte$t Rcstricted Unrestricted 202 2024 9233 88,466 685 85.310 914 85,310 934 1)¥ 3%4 COST OF CHARITABLE ACTIVITIES Salaries and wages Pension costs Rent and rates Special events and conferences Volunteer cost and exr¢nses Professional fees and services Catering . food and provision Training and developrnent Teaching and support services Coach and motor running cost Light and he&i Repairs, maint¢nance and cleaning Computer consu1nables Postage, stationery, printing & telephone Inter&st and bank Charges Depreciation Accountancy and exarnination Insurance and licences 16,70Y 312 8,912 .3.725 980 38.777 7,731 2,700 16,708 312 8,912 3.725 980 38,777 7,731 2,700 28,2211 285 11,160 7.371 2.042 19,289 6.722 2,¥UU 2.875 400 4.041 10,378 769 3,146 437 4.482 2,796 6.074 5,053 6.999 8,454 5,053 6,999 8,454 141 3.813 255 4,482 2,606 5,605 3.813 255 4.482 2,606 Total resources expended £0 £117.253 £117 253 £113.295 Nct incoming resources 31,1)Ug) 431,11119) £(14.911)