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||||||Page|
|---|---|---|---|---|---|
|~|Chair's introduction|||||
|~|Report ofTrustees - Impact Report Progress|||against our||
||Operational/Services|Strategy|||3-5|
|~|Financial
Review||||5-8|
|~|Structure,
Governance|and Management|||8-10|
|~|Sustainability
Report||||10|
|~|Statement oftrustees'|responsibilities|||10-11|
|~|Independent
examiner's
report||to the Trustees||12|
|~|Statement offinancial|activities|(including|||
||income &expenditure|account)|||13|
|~|Statement offinancial|position|||14|
|~|Statement ofcash flow||||15|
|~|Notes to financial statements||||16|
||The following
pages do not form part ofthe|||financial statements.||
|~|Detailed statement offinancial||activities||18|
|~|Notes to the detailed|statement|offinancial|activities|19|
|The Trustees, who are|The Trustees, who are|also the|directors|for the purposes ofcompany|law, present|
|---|---|---|---|---|---|
|their report and the|unaudited||financial|statements
ofthe charity for the year ended||
|30June 2022.||||||
|Reference and administrative|||details|||
|Registered
charity name||||African Community
Heritage|Hub Limited|
|Charity registration|number|||1166438||
|Company
registration||number||09662329||
|Principal office and|registered||office|Unit 5, 18-20George Street, Balsall||
|Heath||||||
|||||Birmingham,
West Midlands,|8129RG|
|The Trustees||||Mr. Massamba
Lubamba||
|||||Mr. Goncalves
Miguel Jose||
|||||Ms. Elizabeth
Koko||
|||||Mr. Armand
Afumba||
|||||Ms. Mamitsho
Tomona-Bohulu||
|Independent
examiner||||Godfrey Massa (Certified Accountant)||
|||||472A Bearwood Road, Smethwick||
|||||West Midlands,
8664HA||
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|Principal
Risks|How these Risks are Managed|How these Risks are Managed|How these Risks are Managed||
|---|---|---|---|---|
|Safe uardin
children
oun|African Community
Heritage||Hub Ltd has an||
|eo le and vulnerable
adults|extensive suite ofmitigations to ensure we do all||||
||we|can to adequately
safeguard
the vulnerable|||
|Inadequate
or ineffective|people we work with. This includes (but is not||||
|safeguarding
policy or practice|limited):||||
|that could result in, or|~|A dedicated
safeguarding|team reporting|to|
|contribute to, serious harm or||the Board ofTrustees.|||
|injury to a child or a young|~|Clear safeguarding
reporting
mechanisms||as|
|person.||set out in our safeguarding
policy, including|||
|This represents
ACHH Ltd.'s|~|Safeguarding
Lead roles.
Formal governance
and|reporting
structures||
|most critical risk given the||established,
including
named safeguarding|||
|nature of our work. ACHH||leads with regular meetings
of safeguarding|||
|gives its full attention to every||Lead and Trustees.|||
|person under our care, and|~|A safeguarding
specific induction
(including|||
|never turns away complex
cases. Byvirtue ofthis
approach
of working
with||pre-employment
checks), supplemented
by
mandatory
safeguarding
training, for all paid
and unpaid
colleagues.|||
|some ofthe most vulnerable|~|Reviews of serious cases|and lessons learned||
|people
in society there are||implemented
in a timely|manner.||
|significant
challenges to|||||
|making them safer and this|||||
|increases the level ofinherent|||||
|risk we carry in our day-to-day|||||
|operation.|||||
|Financial
erformance
and|||||
|~sstainahat|||||
|A significant
reduction
in|||||
|available
resources due to:|||||
|~
External economic or|||||
|environmental
factors (e.g.,|||||
|the impact Covid-19 has|||||
|had on our fundraising|||||
|activities)|~|Since the outbreak ofthe Covid-19 crisis even|||
|~
Other internal
or external
crises lead to unexpected
reduction
in income or||greater attention
has been applied to this,
with several mitigations
put in place,
including:|||
|increased
expenditure.||1. Weekly cash flow|forecasting||
|Trustees'|Trustees'|Annua|l
Re|port -Year Ended 30June 2023|port -Year Ended 30June 2023||
|---|---|---|---|---|---|---|
|These risks undermining||our||2. Sensitivity
analysis
and stress-testing||of|
|ability to meet the needs||of||short-to-medium
term scenario plans|||
|service users and to invest||||3. Additional
levels of approval for|||
|appropriately|in order to|||payments,
and expenditure.|||
|achieve our|strategic||~|Holding of a significant
value of reserves at|||
|objectives.||||any point in time, with a monthly
review of|||
|||||these to ensure they remain
within the target|||
|||||range set by the Finance Committee.|||
||||~|Annual
budget setting and then quarterly|full||
|||||charity re-forecasting
processes, including|||
|||||review and challenge
from Trustees.|||
||||~|Sensitivity
analysis
on income and|||
|||||expenditure
streams
and contingency|||
|||||planning.|||
||||~|Regular review and scrutiny offinancial|||
|||||performance
(short and medium
term) by|||
|||||trustees through
the Finance Committee.|||
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|for the Year Ended 30June 202|3||||||
|---|---|---|---|---|---|---|
||||||30.6.23|30.6.22|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|6|F|6||
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies||||61,106|61,106|51,246|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Minding
African Histories|||||||
|Summer Play Scheme
Saturday
Homework
Club
Peoples Health Trust
The Art Council England
The Clothworkers
Foundation||||14,890
4,710
21,400
3,900|14,890
4,710
21,400
3,900|35,300
4,000|
|Total||||44,900|44,900|39,300|
|NET INCOME||||16,206|16,206|11,946|
|RECONCILIATION
OF FUNDS|||||||
|Total funds
brought
forward|||8,280|58,351|66,631|54,685|
|TOTAL FUNDS CARRIED FORWARD|||8,280|74,557|82,837|66,631|
##
|Balance Sheet
30June 2023||||||
|---|---|---|---|---|---|
|||||30.6.23|30.6.22|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes||8|F|6|
|FIXEDASSETS||||||
|Tangible assets|4||34,844|34,844|34,844|
|CURRENT ASSETS||||||
|Cash
in hand||8,280|51,236|59,516|33,402|
|CREDITORS||||||
|Amounts
falling due within one year|5||(10,628)|(10,628)|(720)|
|NET CURRENT ASSETS||8,280|40,608|48,888|32,682|
|TOTAL ASSETS LESSCURRENT||||||
|LIABILITIES||8,280|75,452|83,732|67,526|
|CREDITORS||||||
|Amounts
falling due after more than one||||||
|year|6||(895)|(895)|(895)|
|NET ASSETS||8,280|74,557|82,837|66,631|
|FUNDS||||||
|Unrestricted
funds
Restricted funds||||8,280
74,557|8,280
58,351|
|TOTAL FUNDS||||82,837|66,631|
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|There were no
trustees'
expenses
paid for the year ended 30June 2023 nor f
ended 30June 2022.|There were no
trustees'
expenses
paid for the year ended 30June 2023 nor f
ended 30June 2022.|There were no
trustees'
expenses
paid for the year ended 30June 2023 nor f
ended 30June 2022.|or the yea|
|---|---|---|---|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||E|E|E|
|INCOME AND ENDOWMENTS|FROM|||
|Donations
and legacies|8,280|42,966|51,246|
|EXPENDITURE ON||||
|Charitable
activities||||
|Minding
African Histories||||
|Summer
Play Scheme||35,300
4,000|35,300
4,000|
|Total||39,300|39,300|
|NET INCOME|8,280|3,666|11,946|
|RECONCILIATION
OF FUNDS||||
|Total funds brought
forward||54,685|54,685|
|TOTAL FUNDS CARRIED||||
|FORWARD|8,280|58,351|66,631|
|Africa|n Communit
Herita e Hub|n Communit
Herita e Hub||Limited|||||
|---|---|---|---|---|---|---|---|---|
|Notes|tothe Financial Statements|||-continued|||||
|for the Year Ended 30June||2023|||||||
|4.|TANGIBLE FIXEDASSETS||||||||
||||||Plant and|Motor|Computer||
||||||machinery|vehicles|equipment|Totals|
||||||E|E|E|E|
||COST||||||||
||At 1 July 2022 and 30|June||2023|10,544|7,800|16,500|34,844|
||NET BOOK VALUE||||||||
||At 30June 2023||||10,544|7,800|16,500|34,844|
||At 30June 2022||||10,544|7,800|16,500|34,844|
|5.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||||
||||||||30.6.23|30.6.22|
||||||||E|E|
||Bank loans and overdrafts||(see note 7)||||9,908||
||Accruals and deferred|income|||||720|720|
||||||||10,628|720|
|6.|CREDITORS: AMOUNTS||FALLING DUE AFTER MORE THAN||||ONE YEAR||
||||||||30.6.23
E|30.6.22
f|
||Other creditors||||||895|895|
|7.|LOANS||||||||
||An analysis ofthe maturity||ofloans is given below:||||||
||||||||30.6.23|30.6.22|
|||||||||6|
||Amounts
falling due within||one year on||demand:||||
||Bank overdrafts||||||9,908||
##
|MOVEMENTIN
FUNDS||||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1.7.22
f|in funds
F|30.6.23
L|
|Unrestricted
funds||||
|Heart of England
Foundation||||
||8,280||8,280|
|Restricted funds||||
|General restricted
BBCChildren
In Need|54,685
20,128|5,238|54,685
25,366|
|Heart of England
Foundation||||
|(Wesleyan
Foundation)|12,730|3,000|15,730|
|Arnold
Clark Trust|750||750|
|Peoples' Health Trust|5,358|3,088|8,446|
|Heritage
Lottery
The Art Council England|(35,300)|4,880|(35,300)
4,880|
||58,351|16,206|74,557|
|TOTAL FUNDS|66,631|16,206|82,837|
|Net movement
in funds, included|in the above are as follows:|||
||Incoming|Resources|Movement|
||resources
E|expended
f|in funds|
|Resfricted funds||||
|BBCChildren
In Need
Heart of England
Foundation|20,128|(14,890)|5,238|
|(Wesleyan
Foundation)
Peoples'
Health Trust
The Art Council England
The Clothworkers
Foundation|3,000
7,798
26,280
3,900|(4,710)
(21,400)
~3,900)|3,000
3,088
4,880|
||61,106|(44,900)|16,206|
|TOTAL FUNDS|61,106|~44,900)|16,206|
##
##
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.7.21|in funds|30.6.22|
||F|E|F|
|Unrestricted
funds||||
|Heart of England
Foundation||8,280|8,280|
|Restricted funds||||
|General Restricted
BBCChildren
In Need
Heart of England
Foundation|54,685|20,128|54,685
20,128|
|(Wesleyan
Foundation)||12,730|12,730|
|Arnold Clark Trust||750|750|
|Peoples'
Health Trust
The Art Council England||5,358
(35,300)|5,358
(35,300)|
||54,685|3,666|58,351|
|TOTAL FUNDS|54,685|11,946|66,631|
##
|Comparative
net movement
in funds,
incl|uded
in the above are as|follows:||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
||E|E|E|
|Unrestricted
funds||||
|Heart of England
Foundation|||8,280|
|Restricted funds||||
|BBCChildren
ln Need
Heart ofEngland
foundation|20,128||20,128|
|(Wesleyan
Foundation)|12,730||12,730|
|Arnold
Clark Trust|750||750|
|Peoples'
Health Trust
The Art Council England|9,358|(4,000)
(35,300)|5,358
(35,300)|
||42,966|39,300|3,666|
|TOTAL FUNDS|51,246|~39,300)|11,946|
##
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.7.21
E|in funds
F|30.6.23
f|
|Unrestricted
funds||||
|Heart of England
Foundation||8,280|8,280|
|Restricted funds||||
|General Restricted|54,685||54,685|
|BBCChildren
In Need||25,366|25,366|
|Heart of England
Foundation||||
|(Wesleyan
Foundation)||15,730|15,730|
|Arnold
Clark Trust||750|750|
|Peoples'
Health Trust||8,446|8,446|
|The Art Council England||(30,420)|(30,420)|
||54,685|19,872|74,557|
|TOTAL FUNDS|54,685|28,152|82,837|
|A current year 12months and prior year 12
in the above are as follows:|months combined
net m|ovement
in fu|nds, include|
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
||F|6|F|
|Unrestricted
funds||||
|Heart of England
Foundation|8,280||8,280|
|Restricted funds||||
|BBCchildren
in need|40,256|(14,890)|25,366|
|Heart of England
foundation||||
|(Wesleyan
foundation)|15,730||15,730|
|Arnold
Clark Trust|750||750|
|Peoples'
Health Trust
The Art Council England
The Clothworkers
Foundation|17,156
26,280
3,900|(8,710)
(56,700)
~3,900)|8,446
(30,420)|
||104,072|(84,200)|19,872|
|TOTAL FUNDS|112,352|~84,200)|28,152|
##
||||30.6.23|30.6.22
f|
|---|---|---|---|---|
|INCOME AND ENDOWMENTS|||||
|Donations
and|legacies||||
|Grants|||61,106|51,246|
|Tots I incoming|resources||61,106|51,246|
|EXPENDITURE|||||
|Charitable
activities|||||
|Salaries and Wages|||21,400|23,000|
|Travel Costs||||600|
|Professional Fees|||600|600|
|Telephone||||1,680|
|Printing,
Post &|Stationery||910|320|
|Volunteer
Expenses|||4,320|4,800|
|Supp Classes &|Homework|Club|4,250|3,400|
|Sewing Activities|||6,800|900|
|Rent and Room|Hire||2,800||
|Travel &Trustee|expenses||680||
|Communications|||1,540||
|Other Office Costs|||730||
|No description|||870||
||||44,900|35,300|
|Support costs|||||
|Other 2|||||
|Rent Rates and|water|||2,600|
|Light and heat||||600|
|Administrative
Expenses||||800|
|||||4,000|
|Total resources expended|||44,900|39,300|
|Net income|||16,206|11,946|