COMMUNITY AID LIMITED IA Company Limited by Guarantee) No." 8269237 REGISTERED CHARITY NUMBER 1165373 TRUSTEES REPORT ANO FINANCiAL STATEMENTS YEAR ENOED 31 JANUARY 2021 *MFOJC8)' 2W10r2021 COMPANIES PIOUSE #319 COMMUNITY AID LIMITEO IA Cornpany limiied by guarantee) Contents Page Legal and Administrative Information Tiustees. Report 2to3 In¢Jependent Examiners Report lo Ihe Trustees 4105 Slalement of Financial Activity'es Balance Sheet Noles lo the Financial Statements 8t012 COMMUNITY AID UMtrED IA Company Ilmltsd by gu•rant¢e) Directors and Trustees-. Najrul Khasiu (chaim￿nI N*Jar Sutsna (Treasu￿rI George Prow Salma Ahrned Hamida Ai Moharnmed Aom 8egum Aleya Khan amara Shah Lorrdine Eyve Rushanara Ahmed Cornpany Secretary. Rahana Hassan Company Registratson Number 8269237 Charity Registration Number 1165373 Registered Office curt￿ House 4 Napier Road Enfièld Middlesex EN3 4QW Independent Examiner S. Frdncis-Joseph FCCA Anthony Joseph & Co. Limited Charte￿d Certified Accountants & RegiSterÈd Audito Business & Technology Centre Bessemer Drive Stevena9e Hert5. SG120X Bankers CAF Bank 25 Kings Hill Avenue West Malling Kent ME19 4JQ COMMUNITY AID LIMITED IA company Ilmitsd by 9uar3nte•l Dlre¢tors' and Trusttts. Reportfor the year ended 31 January 2021 The Trustees p￿sent tsir report and financial stalements for the year e￿e￿ 31 January 2021. The Trustees, wh0 ore also directors for the purpose5 of cornpany law and who served during t￿ year aTra up to the date of this report are set oul on page l. Community AKJ operates as t*)th a rngistered Charity and a limrted by gu*antee. Structure. Governance and Management Cornmunity Aid rs a charitable company lirniled by guarantee. Inco￿0￿ed on 1 October 2012 and commeneed its operations on 1 February 2018. Prior to thi5 date the activit*s of the organisation ￿Ere Carr￿d out by an unincorporaied charity. On the commencemeni of the eharrtabk eornpanvs operat#)ns. all of the aS5e15, IHbilrtie5 and activities of the uninwrporate(I charty ￿Te Irartsferred io this Charts￿e cwpany to enable the organisation to cary out its objectives. The charrtable company is gov8rnèd by its M8rn¢xaNlum aTrJ AJiKles ofA5xK4ation. Th8 TnKgt8e5 ore aFpoinled or reappointed annually at the Annual Genero1 Meebrvj ￿lnIment an(1 ￿tirement of Trustees is in accordance wth the Artths olAssociatK)n. ￿1 T¢vstees gi%* their tin* h￿Unta￿SY and rec*ive no t*nefits from the charity The overal management of f￿an¢t is the r•spon*bility ofall the Tn&stses, acling on th8 wecomry*ndab"on ofthe Chairman and Treasurer. The TNstees fonn the rnanagenwt wnmittee aThJ rreet wularly to oversee thg iunning of the organisation. The or9anisatlgn appoints Ihem on rec￿rrend0￿On. Tn￿tee¥ wilh the appropnate Skn'll sets are apwnted and Iraining is given to Ihe incoming Tru5tee5. Aims and Objectives The charty purpose as set out in the ¢)bpds ¢ontair*d in the ofAssociation is as fol￿. To promote any charitable purposes for the benefft of the communty and in part￿vIar lor the benefft ol the general public in the London Borough of Enfiekj, by provlling or assisb"n9 in the provision of ser¥w to r•Yuce the need. hardship or distre55 015uch persons. Maln ActIvItl￿ and Achlevements A(fvocacy project- partnership lunding, provhling 21 I￿￿r5 of athocacy and support. ESOL- running English as a second larguage dasses for ￿ Icul ￿Mmunity Employabilrty ProJact- This 15 to provth adw50ry services on ern￿oyment rnattw5. Keep fit- cuslomised dasses for the local women Drop-in sessions- a place fOr*￿men io meet an(1 sock?lise. Pro¥*led varbxs *r￿shopS on health kntl*eing. Administration- fur￿1n9 to maintaih the admintslrab.on ar￿ day to day running olthe office. Future Plans The future plans olthe organisat￿n is to eontifft￿ Ihe Adveeaey Prtiieet, Heath and Keep Projects and the Drop In Sessions. The organisation vlill al80 conl'nue rts effort¥ to SeCa￿e fvTrJiThJ forfv ESOL clas￿ and the Ern￿oYa￿lIty w0￿$hOpS. This is in furtherance of the organisatK)n's obpctNes. Our main activitie5 aTe described above. AJI ow athit*s kn ¢)n the wision ol thi￿ to the 9eneral public and are undertaken to further our charilable wrpose for public be￿fil Finan¢lal Review This is thè organi5ation'5 third year of its OFeration5 3￿r incorporalion. The Statement ol Financial Actrniit￿s Sho￿ the totd Incom*)9 Reswces for the year of £32.937. ¥%thich includes incorre from grants of £31,473. Other income received in the year lots￿ £1.464. COMMUNITY AID ENFIELD IA company limited by guaranleel Oire¢tors' ond Trustees Reportforthe year ended 31 January 2021 l¢oniinuedl Financial Review (Continued) The Resources ExFended in the year lot3ls £30.380. This ￿preSen1$ al￿1￿lS In cOntinUar￿ of the of9anisation's otyeciives. The net result lor Ihe year 1$ net irth)w¥J ￿soUrCeS of £2.557 The board conliTrue5 to strive lo lundry to enabfe ils operations to be carred out ￿ order io meet ils ¢*ie¢lNes. Resery¢s rhe 8oarcS has assessed Ihe Charily's requirements for ￿ServeS in the lighi of masn risks 10 Ihe or9anisalion. As a resull. the Board has approved a p(>li¢y whereby the vnreslt¥Aed fund is not commilled. shouKI be iTh serve and mainlained ai a level which ensures Ihai wre actNity coukj conbnue dvring a perio¢ of unforseÈn difficulty. The targei reserve is io be six months ol expendilure and thts s $ubJe¢i 10 an annual review. Ri$k Mana9ement The Truslees haye wort(ed to identify Ihe risks whith impad upon our th and have ¥3Thked these by likelihood and impact. The risks Indude maiters reallin9 10 ￿lentiOn of key managemenl staff. ensuring that the boar¢J has the reouisiie nurnber of frusiees Trmlh the ap￿OpriaIe sktll seis and fuluie 5uslainabi1sly of payments. The Trusiees afe confident that adequale Procedu￿ a￿ in lo mibgale thi$_ Staternent of Truste¢$ Responslbilitie$ The Trustees (who are also the directors of Cornmunily AWJ lor the PUEP05es ol CAJmpany lawl are responsibbe for preparing the Annual Report and the fina￿la1 slaiemenls in accordan￿ Wih appli¢abl¢ law and regulations. Company law requires the TfU51ee5 to p￿pare financial slaien*nts for each finanual year. Under thai law the Injsiees musi prepare the financial stalerrenls in accordan￿ with United KirvJdom Generally Att¢pie(J Accounting Practi￿ (United Kingdom A¢counting Standards and applicable lawl Under cornpany law Ihe Irusiees musi not approve Ihe finanaal statements unless they are Satisfied thai Ihey give a true and fair view ol the 51ale Df affair5 of the charitable company and ol ihe incoming reSoUr￿S and app]iCalion of sour¢e5. including the income and expeTh1iiure. of Ihe Charitable company for that pefiod. In prepaiing Ih&se financial staiemenis. the Iruslees are wuired lo. al select 5Uttable ¥¢counting policies and Ihen apply them con$i$tenlly.' bl observe the methods and pThnaples in the chan1￿$ SORP". ¢1 make judgements and accounliryj eslimaies that are reasonab￿ aThJ prudent. dl siaie whether applicable UK Accouniing Standards have been followed. svbpct to any rnateFral departures (Siscloseo and explained in the financial slalemenls." arKI el p￿pare the financial statements on the wng (x)n￿rft basis ursles5 rf 15 inappropriate to presume Ihal the Charitab￿ c(xrpany will wntinue io operate. The Trustees are responsible for kee￿ng adequate accounling tecords that are suffitsenl to Sh￿ and explain Ihe chanlable o)rnpany's transactions and disdose vAth ￿asOnab￿ acojracy al any time the financial posilion ol Ihe ¢haiilable Company an(J lo enabie Ihem lo enstsffe Ihal fin3noal siaiernent5 comply with Compan*s Act 2006. They are also responsible for safeguarding the asseis of c(Mnpany and hence ltsr takiThJ ￿asOnable Step5 lor the prevention arKJ deieciion ol fra￿j other Kregulafities. The Trustees confi¢m that they have property discha￿e￿ theii responsitslibe$ in accorLlance wlh the above. This report has teen approved In ac¢ordan¢e wth Ihe prOvis￿rts applicab￿ to (￿Pan￿S enlilled to the small cornpanies exempty'on. Approval This repprt was approven of accolmts. The accounts have been prepared in accorda￿ wth Ihe FYowsKJns appItCab￿ to companies svbjecl to tr)e small companies regme. The accounts were approved by Ihe board on 14 October 2021 and sjgned on its behalf by". Najrul Khasru ChaimianlTrusiee Niga¥ Sultana Trustee The notes on pages 8 to 12 form pan ol these accoLM)ts COMMUNfTY AID LIMITED IA company limited by guarantee) Noles to the a¢¢ounts for the year ended 31 January 2021 Accounting Po16cies lal Basis of preparation These linancial statements have been prepared under ts hisiorical cJ)sl convention The rinanoal statements have been prepared in accordance Mth the Accounting and Reporting by Charities. Statement of Recornmended Pracb"ce applicable lo chantes preparing Iheir accounls in accordancè with the Finanaal Reporting Standard appl￿ble in the UK and ReputJiG of Ireland IFRS1021 (effective l January 20151-IICharib"es SORP IFRS10211. Ihe Financial Rewrting Standaid aPplica￿t tts the VK a￿1 Repu￿1¢ of Ireland IFRS1021. and the Companies Act 20CE. The Charity meets the ¢JefinJlion of a Publ￿ benefil entity under FRS102. Assets and liabilit￿S are initially ￿Cognised at hisloiical cost iy transit*)n vath ￿lesS O¥heThvise ststed in the relevaril 3ccounling poly FTrotelsl In prepanng the IinafKJ31 sraiements Ihe trusiees have Conside￿ w￿th￿ in applying Ihe accounti(wJ polioes required by FRS102 and the Charities SORP FRS102. Ihe reslalemeni of comparative iteffls was required. After due consideration. il ￿ncluded that rx) ieslatement ol the compafalives was iequired The financial statements have tseen prepareij on a goirmj concem basis. In arriwng at Ihis condu5ion the Irustee5 have taken Inlo attount any mateiial urKxrtainties ihat may affect the charity's ability to continue as a going concern. The period covered by this assessmeni al a Minimum level of 12 rnonlhs trom the date of the approval of Ihe acrDunt5. The chanty has taken advantage of the exemption. not lo prepare a Statement of Cash Flows as conferred ty FRS102 (September 2015 vergonl an(J Bulletin 1. Ibl In¢omin9 resource$ Voluntary income inc(uding donalions. gifts and granls that Pfovide core funding or are of a general nature are recognisecl Whe￿ trere is entiuernent. Certainty ol recwpt and the amount can te measure¢ with sufficient reliabtlity. Such income is only ¢Yeferred vthen The ¢Jonor specifie5 that Ihe grarnt or do￿a￿on rnust onty be used in future ac£ountin9 penods" or - The donor has imr#)sed condrtK>ns whith must be rnel before Ihe tharity ha$ unconclilional entiilemeni Investment Income Is recognised on a receivable basis. Income frorn charitaLiJe aclsvilie5 If￿V￿eS I￿orne reoived undet contract or where entitlement to 9ranl funding 15 subject 10 spe0f￿ perf0m￿n￿ condilions is recogrniseoj as earne¢Y las the related goocls 01 service5 ale provided). Granl sncome incjuded in I￿.$ category provide$ funding to supFK)rt perforrnance activities and is recognised where there is entioement. certainty of receipi and the amount can be measured ￿1h suffictnl reliabilrty. Ic} Resc+ur¢es expended Resotjrces expendeis a￿ induded in Ihe Statemenl of Finanoaj Acbvities on tre accruals basis indusive of VAT which cannol be recovered. Charitable expenditure comprises those costs incurred by Ihe chaiity In the delivery ol Ils actwilies and services for its beneficiaries 11 includes bolh Gost5 that can be allocaied direcmy to such actjvities and those costs of an indirèct nature necessary to support thern. Support C05t5 ale those cost5 incurred directty in support of expenditure on Ihe objects of thè charity and indude pfoject managemeni Idl Tangible fixed assets and depreeiats.on Tangible fixed 855els ale staled at C05t less accumulated depreoation. Dewciation is provided at lates calculated lo write off Ihe cost less residual value of each asset ovei ils expecie