COMMUNITY AID UMtrED IA Gompony Limitsd by Guarnnts•) No.. 8269237 REGISTERED CHARITY NUMBER 116S3T3 TRUSTEES REPORT AND FSNANCIAL STATEMENTS YE4R ENDED 31 JANUARY 2024 COMMUNITY LIMITED IA Company Ilmlted by guarantee) Contents Pago Legal and Administrative Infomation Twstees, Report 2to3 Independent Ex8miner8 Raport to the TIu8tee$ 4t05 Stgtsmenl ¢1 F1n8ncial Athwbe8 Balance Sh8et Notes lo tho Financlal Statement8 8t013 COMMUNITY AID LIMITED {A Company limited by guardntee} Directors and Trustees. Nairul Khasru (Chairman) Nigar Suttana ITre8surefl Salma Ahmed Hamida Mi Mohammed Aom Begum Aeya Khan LorT8ine EW Ru3hanara Ahmed Tasdeed Haq Tanztl Islam M8suda Akht8r (Appointed 23 Sept. 20231 Cornpany SecTetsry.' Rahana Hassan Company R8gislraknon Number 8269237 Chgrity Registrat￿ Number 1165373 Regisiered Offi Vincent House CIO. Ponders End Communty Development TNst 2e Nags Head Road Enhdtj EN3 7FN Independent Examiner S Fr8ncis.Jos8ph FCCA Anthony Joseph & Co Limited Chartered Certffjed A¢¢ountants Business & Technology Centro Besserngr Oriv St8ven898 Harts. SGI 20X 8anker5 CAF Bank 25 Kings Hill Avenu# West Malling Kerrt ME194JQ COMMUNITY AID LIMITED A ¢ompany limite(I by 9uaranteel Dlroctors, and TTUStoè5' Roport for the year ended 31 J•nu•ry 2024 The Trustees present their report and financial 51atements for the year 31 Janu8ry 2024 Trustees. arg aL80 directors for the purposes of company law aThY who 5er¥ed dunrrfJ the year and up to date ol this report are Jet OLrt on page 1. CCffimun￿tY Ajd opeotes as trx)th a r8gksterod eha¢ty and a ccffipany limrted by guarantee stmctur*, Governance and ￿nagement Crxnmunily 1$ a chantable ¢ornpany limited by guarantee. irKorpofaled on l Odoter 2012 and ommen￿d bts operations on 1 February 2018. PrK)r to this date the a¢twiks of the or9anisth.on *tre earr*d out by an unincorporated chanly On the cornrnen￿rnent ol the chantabk wrnpany's operations. 811 of thg as5els, liabilit*$ and activitk15 01 the unincorporated ¢harrty We￿ transferr￿ to thi¥ ¢hantable company to enable the org8ni&8110n to carry out its obJectNès. The ¢hantabk• company is goVer￿d by rts MemcrnThlum OlA￿orA8t￿jn The Trust￿1 are appointed or reappointed 8nnualty at the Annual General Meeting. JW)Intrnent and retirement of Trustees Is in accordance with the Atbdes of As8OC4ation. Al Trustees give their timg voluntanly and ￿ceIve no benefrts from the charity The overall rnanag8m•nl of finarKe IB th• rnsponsibilty of 811 the Try$t￿. adlro on the recornmgndotion of th Chairrnan 8nd Treasurer. The Tru$tgas lomi the management a)rMiiltee meel regularty to ove￿8 tr runnSng ol the organisation. The organis4t￿n appoint$ them OD recoMr￿￿￿af￿*ft. T￿￿tee8 with tl* approwats thll 8elg appoint•d arnj Irainins 18 givèn to Ihe incoming Tru¥t8es. Alm• and Obl•etlv•• The charity purpose as 8el out In the objects contained In Artic￿ ol Asgociats'on 18 as lollows.. To promote any charitable purpose$ lor the benefft of ¢ommunty and In parti￿&r lor bemfil of Ihe gengral public In the London Borough ol Enfle￿. by prov>ding or a8sistiThJ In thg provision ol Serv￿ lo reduc¢ the need, hardship or di51rg8J of suGh yr8on8. Maln Actlvltl•8 and AGhknvem•nts Advoc4cy Propd- partnership funrling. provKYing 21 h￿r$ ol advoc8cy and sUPPOrt Adminislralion- funding to maintain the administration and day to day running olthe offlce. Keep Fit (Wornen only Projoctl- Funded by Active Communrt￿s Netsvork up to May 2023 and from Jun• 2023 LBE- Nei8hbwrhor*J fund5, to provkle ph￿1 wellbekn8f¢r lo¢•1 women. Future PlanB The futurtr plans ol the org8ni$ation is to continue Ih¢ PO¥otaey Proje(a. AdminY8tr¥tion and Keep Fil 8essions. The organisalion will a150 ¢ontinu8 Its efforts lo secure fundlr¥J to cijnty'nue the Emthablrty. Youth and Food Projects. This18 In lurtheran¢e of thè organisalion's objethves. Our main activities a￿ described abov• All our Charila￿e adi¥rtw focy3 on the promsion of advice to thè general public and are undertaken to further ¢)ur charrtable purpo8e for ihe public benefrt Flnanelal Revlew Thls is the oryani58tion'$ fourth year of its operabons after inc¢xporation. The Statement of Financi81 Aetivthes sh¢M the lotal Ints)ming Resour￿ for the year of £33.554. which indudos income from grants of E31,778. Other ir￿￿me recewed in the year lotaw £l.e64 and interest received in tha year was £112. ¢OMMUNrrY AID UMITED IA Company limtlÈd by guarantee) Dlreetorn. and Trustse$ Report for the year ended 31 Janu4ry 2024 l¢ontinuedl Flnanelal Revlew Icontlnuedl The Resource¥ ExpeThJed in the year totsls £34.280 Thts tepresents amounts spent In O)nts'nUan￿ ol the organigatlon's obpctsve3 nat result lor the year is net outgouTrJ of resouros of £726. The board continues to Strive to procure fundirvJ to ènable rt3 operttions to be ￿rri￿ out in order to rneet tts objectives. R$8erve$ The Board ha5 asses3ed th¢ Charitvs requiremenb lor r8sery8s in the light of the main risks to the organisation. As 8 resu5t, the Board has approved a policy whereby unrestncted fvnd 18 not commrtted. should L* held in raserve and maintained at a level whsch en¥ures that core actmty coukl continu• during a penod of unfor8een difficulty. The target re6erve 1$ io be SLX monlh$ of expenditure aThJ Ihi$ 15 subject to an annual rov￿, Rlsk Management Trustees have worked to identify the major n•ks vth¢th tmpa¢t upon our and have ranked these by likelihood and imp8ct The risks include m8ller¥ relating to rgiention of key managan*nl staff ensuring th81 th¢ board has the requisite number ol Tru$tee8 Iwlh the appmpnattr skill 8et$ and fulure sust8inabil1ty ol payments. The Truste¢$ are confident that adequ8tg procedu￿ are in ￿ace to rnrt￿ate th￿. 8tstsm•nt of Tru•t••¥ Re8pon$lbllbtla8 The Trustees Iwho are also the dIre￿Or$ ol Cornrnunity Avj for the purpo￿ of eompany lawl a￿ respo￿lb for p￿Panng the Annual Report and the finaneial slatements In 8ccrydant* with applicab￿ law and ragulatlon$ Company law requires tho Trustees to pr&pare financial sta*nxnt¥ lor each fin¥ntsal ye8r. Undèr that law the Iru8tees must prepare the financial Statements in accJ)rdanee wrth United Kingdom Ggnèr8lly Axepled Accounting Pradice (United Kingdem A￿oUntIng Standards and applicabl• lawl. Under company law Ihe trusttres mu81 not approve the financial 518tements unkss th8y are 581K8fie¢ th?1 t￿Y give a true and fair vlow ol the Stste ol affairs of the charl101￿ CL)mpany and of the ineoming resourc*s and applieation of r88ource8. ineluding the ineome and expenditure, olthe chan18b￿ company for that Feric#J. In preponng t￿¥? financial 8latèm8nts, trusteeg arg roquired lo. 81 selecl 8Urtable a¢￿untIng policies and then apply thwn conM8tentty', bl ob8efft the m?thod$ and princip4•s In the Chantieg SORP. ¢1 rnaktt judgements anij accounting estim8tès that a￿ rsasonable and pNdent, dl slate whether applicable UK Accounting Standard$ have been followed. subpct to any material departures disclosed and explained In the financial ststerrents." and 81 p￿pare tha financial statements on the goiThJ wncem b88Ks unle98 It i¥ inapproprioW to p￿suM¢ that the charrtabk cKJmpany will continue to operale. The Trustees art ￿sponsIble for keeping adequate aecounting rewds that zre Suffic￿nI to show and axplain the ¢h8ritable company s Iransactions and disclose with reasonable 8coJr8Cy at any lime the financial pos￿0￿ of the charitable company and lo enable them to ensure that the finanaal staterwnts cx)mply with Companies Aca 2006. They S￿ also responsible for salegu8rding the assets ol the cornpany and hence foi ¢akiTrJ ieason8bl¢ ¥leps for the prevention and deleclion of fra￿# and other Irre9ularites The Trustees eonfirm that they have property dischbrged thw'r reswibilithls in occ*fdan¢e 4¥rth Ihe above. This ￿port has been approved In a¢￿d8[￿ with Ihe provisH￿S applical￿e to companw entitkd to th& small companies exernplion. Approval This report was approved by the board of DiT*clors and Twstees on 201h July 2(r24 SVJ on rts beha￿ by.. N Khasm ¢halnnan INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF COMMUNITY AID UMITED IA c¢)mpany Ilmlte(I by guordnts•l I reFK)rt to the tnjstees (who are also Direclors for the purpose of (x>mpary lawl on my exarnination of the rinancial statements of Community I'lhe ch8ritable company'l forthe year ended 31 January 2024 which comprise the Ststement of Financh?l Ath"vibes, the Balan￿ Sheèt and related notes. Thi5 raport is made solely to the charitys trustees, as a booy, Tn a¢cordance Sèction 145 01 the Charities Ad 2011. My work has been undertaken so that I might 5tste to the chanws trustees those matters l am reqUI￿d to state to thern In tt)is ￿port and for no other purpose To Ihe fullest extent pèrmitted by law, I do not ac￿p1 or assume responsibility to anyone othgr Ihan the charity and the chantys trustees as a body. for my work, for this report. or for the opinions I have lomied. Respon8lbllltles and ba81• of report As Iruslees ol the chantable company you ar• responsib￿ lor tre preparation of Ihe fin8no81 ststemenlg in accord8n¢e wth the requiremgnts ol the Compani&s Acl 2(£61'the 2006 Art) Having satisfied myself that thts finanaal ststernenls ol the charrtablè company are not required to be audited under Part 16 of the Act and are eli9ible for Independent •xamina￿.on. I r¥port In respect of rny examination ol the charitable company's finanaal statements carn¢d out under sectson 145 01 the Charthes A¢t 2011 I'the 2011 Acll and In carrying out my examinabon I have followed 811 Ihe appI￿able Directions givgn by the Charity Comrni$$ion under secbon 14515llbl of tho 2011 Act An Independent examination doe8 not invo￿& gathering all the ewdence Ih81 *vuld be required in an 8ud and wnsequently does not cover all the matters that an 8udilor con61ders sn 9iving their opinitsn on the finan¢ial staternent¥ Th8 planning and ￿nduct of an audit goes beyond tho Iimrted assurance that an In4gpendenl examination can provide. Consequentty l express no opinion 8$ to whether the financial stètements present 8.lrue and fairf view and my iewirt 1$ Iimrt8d to ihosg $p•afic matters Sel out In the Independent exarninet$ staternent. Independent •xamlnerf• 8tst¢m8nt I have ¢ompleled my ex8rn1nation. I confim) that no rnaterial matters have eome lo my attention in conn8thon wth the exominatK)n giving me cause to btrli$ve that In any rn*&nal respect. 8¢¢ounty'ng re￿)rdS were not kepl in resped ol the Chantable cornpary as required by se¢tson 386 01 the 20Ce Act.. or the finan¢ial statements do not aC¥￿￿d wlh th¢)se records. or the financial statements do not comply wlh Ihe accounting requirements ol section 398 of the 20C6 Act other than any requi￿rnent that Ihe financial statements give 8'true and fair view which ￿ not a mattèrconsidefed ¥$ part of an independent examin8bon', or the finon¢ial staternents hove not been prepared in accordance wth the methods and principlès of the Statemènt ol Recommended Prea¢b"ce for accountsng and reporting by tharities applicabl* tr) chariiies prèpariThJ their accounts In accordance with th Financial R&porbng Standard applicabl¢ in the UK and Republic of Ireland IFRS 1021. INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF COMMUNITY UMITEO {A company Ilmited by guardnteel Icontinuedl I have no concerns and have ￿rne across no other matteTr in conneth.on wth the examination to which attention shoul(J be dTawn in thi8 rerrt In order to enablè a proper und8rstanding ol the financial $181ements to be ￿8¢hed. S Francis-Jos8ph FCCA Anthony Joseph & Co Limited Chartered Certifiod Accountants Business & Technology Centre Bossemer Dnve stevenage Hert8 SG12 DX Date.. 20 July 2024 COMMUNITY AID LIMITED IA company lÉmited by guarantsg) ststement of Flnanclal Acttvltles For the year ended 31 January 2024 Unr•strlctsd Restrfctod Funds Funds Total Fund8 2024 Total Funds 2023 Notqs Incomlng ReBourceB Donations and Le9aaes 150 Charitable Activitie$ 31.778 31,778 33,629 Invèstmont incorn8 112 112 51 Other Income 1,664 573 Total Incomlng regource• 33,554 34,403 Rèsoure•8 Exp•nd•d: Chantable a¢b"vill•$ 3.085 31,195 34.280 39.154 Totsl m•our¢g8 expend 34 280 Net In¢om¥llOutgolngl R*$ourc•8 bgfgre Iransfern Transl&rs befv/e8n fun¢Js Net movèm•nt In lund8lNet Incomel l#xptndltui&l for the yèar Balance brought foThYgrd 1 February 2023 11.3091 694 583 16941 17261 14.7511 13 37.725 9,710 47,435 52,186 8alance Corfed Fofword 13 46 709 The notes on pages 8 10 13 forrn part ol these axounts COMMUNITY AID LIMITED IA company limtted by guarantsel Balat)ce sh￿ at 31 January 2024 Nots• 2024 2023 Fixed Assets Tangible assets 10 72 Current Assets Debtor8 C8sM at bank 8nd In hand 355 52,340 3SS 53,048 53.403 Leg8 Credltorn- amounts falllng duo wlthln one yo•r 12 6040 46.655 47 363 N8t A9￿ts Fund• Unre$tricted fvnd$ 13 37.110 37.725 Restn"(Xed fiJnd8 13 9,599 9,710 Total Fund• 13 48.709 47,435 For the financial year in question the company w8$ enbued to *xempb'on undgr se(*on 477 of the Companie8 Act 20113 wlating lo srnall compani&$ No members have required the company to obtsin on aL*Jil of ts accounts lor the year in question in aC￿rdar￿a with section 476 01 the Compan￿5 Act 2C¥)6. The directors 8eAnowledge their responsI￿lity for ￿mplY1r￿j with Ihe requirements ol thè Act wrth resped to accounthng ro¢or¢$ and for the preparation ol accounts Tha accounts have been prnpared in ac￿r￿anCe wi¢h the proVi$￿S applicab￿ to comp8ni•$ subject to the small cornp8nitrs regimè Th¥ ac£ounts wer8 approved by the board on 20 Juty 2024 and signod on rts behalf by." Najrul Khasru chaIrman￿ rustee Nlgar Sultana Trustee The notes on pages 8 to 13 fom part of these awunts COMMUNITY AID UMrrED IA company limited by guarantee) Notes to the accounts for th¢ year ènded 31 January 2024 11 Accounting Policles lal Basis of pr•paratlon These finanaal statemtrnts have bèen prepare(J under the histori¢31 CLJSt convention. The rinanual statements hav* been prepared in acts¥dance wth the A(xounting and Rerxybng by char￿"e$.. Staterngnt ol Recommended Practice ap￿I¢Xb1e to chanb.es prepanng their awunts in accordance wth the Finanoal Reporb"ng Standard applicable in the UK and Republic of Ireland IFRS1021 leffeth.ve l January 20151-IICh8ritie5 SORP IFRS10211. the Financial Reporting Standard 8pplKable to the UK and Republic ol Ireland IFRS1021, and the Companiès Act 20Ckf The Chanty meets the delinth.on of a publ￿ beneffit entity under FRS102. Assets and liakn'li￿eS are Inibally recognised al historical cost crf transitson value unless othervlise stated in the relevant accounbng policy noielsl In prepafing the financJ81 statements the trustee$ have (￿m￿d￿r9d whether In applying the accounting policies requirad by FRS102 arKI the Charitses SORP FRS102, the restatemènt of mp8rative item5 was required After due consityefabon. rt was conduded that no reststement ol the COMpara￿Ve$ was requir¥d. The finana81 statements have been p￿pared on a goin9 conlxm basis In arriving at th1$ conclusion the tnslees have tskan Into account any material uncertaintie5 thai May affecl the chèrilys ability to continue as a going concern The period Covered by this assessment IS 81 minimum level of 12 months Irom the (Jate ol the approval of the accounts The ¢hanty has taken advantage of the exomWK)n. nol to prepare a s￿eMent ol Cash Flows as ¢onf8rr*d by FRS102 Isèpwmber 2015 versK*nl and Bullets"n l. Ibl Inc¢mlng r•8ourc•8 Voluntary Incorne 1nduding donatK•n$. gth and gfants tharprowd8 core funding or are ol a general natu￿ are re￿nised Whe￿ there Is entitlement. ¢ertainty ol receipt and the amount c8n be measu￿d wth suffic4ent reliabilrty Such Income 1$ only deferred when. The donor spacifies that Ihe grani or donation must onty be used In lutUTe 8ccountin9 penods. or - The donor has imposed condrtion6 must ￿ met b8ltsr¢ Ihe ¢hanty ha unconditional enlrtlement. Inve31ment Ineorno is Tecognisod on 8 ree4fvable baws. Incom8 from Charitsble a¢tsvibe$ indudes itKome receNed under contract or where enttlement 10 9ranl fundin9 is subject to SP8cific perfomianc* conditsons 1$ recognised as eamed las the related 9oodB or services are provided) Grant Income Indude(l in this calegory provid¥$ lunding to support pèrtorn)ance acbvibes and is ie¢ogni8ed where th*re 15 entitlement, ertainty of receipt and th¢ amount can be measured with suffiuent reliabilty Ic} Rè8oureg9 exp•nd•d Resources expended are Incsuded in the Ststement ol Fin8nrJal Ath¥i￿S on the a￿ru41$ b881¥ inclusive of VAT which canrK)t be ￿COvered. Charitable gxpendrture compnses trose ￿$ts inCU￿d by tre Charity In thè delwery of rts a(*wties and ￿rViceS for its benefioanes It 1ndud•s both c051s tmal ¢an be allocated directy to 6u¢h acbvibe5 4nd Ihose costs ol an indired nature necessary to 5UPPOrt them Support costs are those costs IncJJrred diredy in supwrt of exp¥nditure on tre objects ol the charity and indude projed managemènt. Idl Tanglble fixed 088et* and d•prtclatlon Tangible fixad assets are ststed 8t cost less accumulated depreoation. Depreciation 1$ provided at rates calculated to writè off the cost less residual value of aach as5el over its 8xpected useful life as follows.. Fixtures, fftbngs and equiprnent- 25% on reduc4ng balance baw. (el Funds structure The charity has a number of reslrLCted i1￿Orne hjnds to account for 5rtuabons where 8 donor requires that a donation must be Spent a portthar pu(pose orwhere lunds have bee raised for a specifi¢ purpose l other funds are unrestncted fiJnd$. COMMUNrrY AID LIMITED IA ¢ompany Ilmited by guardnteel Not8¥ to the Accounts forthe y8ar ende(131 January 2024 Debtors Trade and other debtors are recognised at settkmenl amount due after 8ny tfade diso)unl Offe￿d. P￿payMentS are valued at the arrKyJnt prepahl nel 018ny tyade discounts due. Igl Cash at bank and In hand Cash at bank and In hand includes cash and short temi highty liqubJ Invesiments in deposits or simikr accounts. Ihl Creditorn ond pro¥181on$ Creditor5 8nd provisions are recognised the chanty has a Present oblig*"on reSU￿.n9 from a past èvent that wll probably resutt In the transfer of ftjnds to a ihird paty and Ihe arnounl dLJe to settle the obligation can b& measured or &$tsmated rdiably Creditors and prov15ion8 are normally re¢ogni$8d at thoir setuement arnounl after allcN4ing for any trade di8counts due. 21 Donatlon• Unrestrtctod Re8trlcted fvnd¥ fvnds 2024 Total 2023 Total Dongtion8. Advoca 150 31 Grnnts recel¥*d unr•*ttst￿ R•stdcted fund• fund• 2024 Total 2023 Totsl Enflel¢J Disability A¢b'onl L.B Enfi•ld- Acfvoc3¢y (Restnctedl Active Communities Nelworf( IRe5tridgd) LB Enfiek1- Prever5t Project IRe5tn¢t¢dl L8 Enfield - Food ProJ8ct IRe8trithdl LBE- Neighbourhood Fund EVA- Trusted Vo￿¥8 17,2 17.2 19,019 5.0 7.110 2,SOO 13.988 500 13,986 41 In￿tm•￿t Income Unre$trtct•d fvnd• 2024 Tot•1 2023 Total 8ank Inbre$l receivable Iunrestndod) 112 112 51 Sl Oth•r Incomlng r•sourc¢• Unrestrlcted Restrl¢t•d fund8 Funds 2024 Total 2023 Total Fee5 from clas8e8 heldltrip3 IUnrestsi¢ted) Job Retention Scheme Grants Sundry Receipts (Unrestricted) 548 25 573 conoco CDOOts) iry co 0￿0 foo O