CITA
Charity IT Associatlon
Trusteeg Annual Report and Flnandal Accounts
For the year ended 31 December 2022
Charity Registration No. 1168721

Contents
Reference and Administration Details.................
Chairfs Foreword..................
Objectives and Activities.-.
How our Objectives Deliver Public Benefit.....
Charities
Services..
Volunteers...
Achievements and Perfom)ance........
Performance Monitoring...........
Mentorin8 Achievements & Performance Monitoring.............-..
Structure, Governance and Mana8ement.........
.10
.11
Governin8 Document..........
.11
Trustee Board.........
.11
Management Structure............
.11
Related Parties .
.11
Financlal Review................
.12
Reserves...
.12
Plan for the Future.
.12
Statement of Trustees, Responsibilities In Relation to the Financlal Statements. 13
Independent Examlnerfs Report tothe trustees of Chaiity IT Associatlon...........14
Statement of Financial Artivities ........................-
.15
Statement of Financial Activities for theyear Ended 31 December 2022..............15
Statement of Financial Activities 2021 Comparatives.........
.16
Balance Sheet 2022..................-... .
.17
Balance Sheet 2021 Comparatives..-.... .
.18
Notes to the Accounts...
.19
CITA

l. Reference and Administration Details
Charlty name
Charity IT Association
Charlty number
1168721
Charlty Registered Offl
86-90 Paul Street
London EC2A 4NE
Trustees
lan Henderson
Steve Smith
Dominic Aslan
Glles Hill
Ellzabeth Woodley
Harlnder Grewal
Donna Chivers
Steve Cant
Actln8 Chair {Appointed Chair October 2022}
IResi8ned March 20231
(Appolnted January 20221
{Appointed January 2022)
(Appointed December 2022)
(Appointed June 2023}
CEO Ivoluntsry)
Davbd Grocott
CEO
Bankers
Natwest 8ank Llmited
134 Aldersgate Street
London ECIA 4JA
Accounts Independently
Examlned by:
Counterculture Partnershlp LLP
Unit 115 Ducie House
Ducie Street
Manthester
Ml 2JW
CITA

2. Chairfs Foreword
We are delighted to present our Annual Report outlining CITA'S continuing mission to
provide better access to technology for those in the third sector. The year saw the
number of charities supported continue to recover after the pandemic challenges of
previous years.
The charlty contlnued to develop a new operating model to be technologically delivered
vla the ongolng Project ACCESS. Project Access is scheduled to be launched in early 2023.
We contlnued throughout 2022 to be limited by our resources and the constraints of
our old technology. We look forward to deliverlng new opportunities for our fantastic
volunteers and commltted stakeholders In 2023.
Durlng this reportin8 period, CITA renewed the Odyssey Mentorlng Scheme partnershlp
with the Brltlsh Army which represents a valuable collal)oration between our
organisatlon and the Royal Corps of Signals, the communications and IT branch of the
British Army. The mllltary personnel takin8 part In thls 3rd Iteratlon of the Scheme
possess varyln8 degrees of IT and project management skills but lack industry and
commercial experience. This initiative alms to provide 12 months of mentorship to
mllltary mentees, enabling them to bulld profe55ional networks, enhance transferable
skllls for future IT careers, 8ain alternative Industry perspectives, and garner posltlve
feedback from both our volunteers and the mentees themselves, reaffirmlng the
scheme's efflcavi in achleving Its objertives.
Our work contlnues to underllne the Importance of provldSn8 trusted afftjrdable servlces
to charities to support the great work that they do.
CITA

3. Objectives and Activities
The Charity's Aim is:
To promote for the public benefft the efficiency and effertiveness of charities and not-
for- profit organisations through the provision of education and training in information
technology and the implementation of related projects.
Our aim is to help charities. but also to help with the challenge of IT. Technology can be
challenging for small organisations without in-house expertise, and CITA can be an
immensely valuable, trusted partner.
How our Objectives Deliver Public Benefit..
The trustees confirm that they complied with the duty in Section 4 of the Charities Art
2011to have due regardtothe Chartty's Commission general guidance on public benefit
"Charities and Public Benefrt"
We have referred to the Charity Commission's general guidance on public benefit when
reviewing our aims and objective5 and in planning our activtties. In particular the
trustees have considered how planned activities will contribute to the aims and
objectives they have set. CITA'S work benefits a wide range of other charities across the
United Kingdom.
Our main objectives are to:
Provide adwce to charities on a wide range of IT issues through matching thern
with a volunteer.
Equip our volunteers with advice and resources to increase the value of thelr
efforts and time.
Develop other forms of ￿ support for charities, according to identified need.
Evaluate the impact of our service on beneficiaries to inform the future
development of our services.
Charities
CITA introduces charities looking to improve their technology capabilities to volunteers
with appropriate IT skills and experience. Our vision is a world in which charities can
harness the ftjll potential of technology to increase their impart for good. We help to
achieve this by providing charities with access to affordable, trustworthy, and
independent technology se￿iceS to allow them to achieve their own strategic mission.
Services
We facilitate the followlng sep4ices to deliver against these objectives:
CITA Revlew service offer5 a short IT assessment giving independent advice to identify
and qualify potential IT projects and initiatives, that will support their strategic and
operational objectives.
CITA Advi5(ry service provides IT Project Management support and advice helpin8
charities to define, plan and manage identified IT projects from scoping to completion.
CITA

CITA Dellvery service provides the right technical skills needed to deliver a successful IT
project.
Volunteers
CITA'S volunteers are the lifeblood of the organisation. All CITA'S servlces are provided
by experienced IT professionals who have volunteered theirtime, skill and commitment
to help charities make betteruse of ITand to be more effective and efficient inthe digital
world.
CITA volunteers benefft from gaining greater experience and exposure to IT issues and
concerns. as well as knowin8 that they are indirectly helping people in need of charity
support. They uktimately assist the client charities in deSTvering more benefit to their end
beneficiaries.
CITA
ChWiyirAwdaikn

Achievements and Performance
CITA'S 5￿th year. has seen us helping tharities supporting causes as diverse as, the arts,
chlldren In need. human rights, financial inclusion. community development, famlly
resources, women's ri8hts, education. refugees. climate change, care and support for
the elderly, and vulnerable youths- to name but a few.
With our volunteers, 26 aTA Re¥lews (Tech Surgeries}, 23 CITA Advisory projects (IT
Consultancies) and 16 crrA Dellvery projects (IT Projertsl were completed. Our
volunteers have continued to support charities adapting to the requirements of remote
and hybrld working In an ongoin8 unpredictable fundin8 environment.
The development of Project ACCESS was In full swlng behlnd the scenes and so thls year
CITA let charity and volunteer registration numbers continue to grow organically.
Despite thls CITA registered 91 new charitles in 2022, brin8in8 the total to 1327 and 81
new volunteers, makln8 a total of 912.
We have received affirming feedback from CITA registered charities, including:
l am dellghted to say that the consultsnts, havln8 Put in what VRS clearty a conslderable
amount ofwork and effort. produced the exact result I was lookln8 for... They worked extremely
qulckly, and I would recommend CITA to any charSty-"
.1 had a good conversatlon wlth a knowledgeable volunteer. The conversation 8ave us area5 to
explore for us and to work on as well as having a clear plan for our organlsatlon."
he calm, object5ve. professlonal guldance of ourCITA volunteer was of great help in identifying
the right CRM for our team. Our volunteer helped us to focus on what we really needed and
supported us to develop our specificatlon. identify p055ible providers and. most importantly. to
make a decision."
"Stephen was brllllant and took us through everythln8 we needed to do as an organisation In
term5 of ￿. We now have better computer systems that are easier to use and are GDPR
compllant. Stephen pr¢)vided ourcentre Coordinatorwith regular easy to read reports that were
sent to our Trustees to keep them in the loop and explain the recommendations. Thank you so
muchll"
e have found the Teth Surgery review of our services extremely useful as we conslder our
current setup and support prnvls￿n with a view to future service developrnent5. ConsultatKin
was comprehensive and the consultant wa5 extremety knowledgeable and able to consider all
perspectNes of our requirements 8iven that we are a small charity Wlth no dedicated IT support
resource."
CITA
ch4dryiTA￿￿￿IY￿)Th

Performance Monitoring
We identified the followin8 five areas and ten Key PerfOnMan￿ Indicators that allow us
to measure our SUC￿$5 against our mtssion. We use feedback from charities and
volunteers to help u5 further understand the effertiveness and impart of our work.
We measure the number of charities that we have engaged with, and their income
levels. to see which part of the sector we are helpingthe most. We also measure which
of those charities have limited IT resources, because ft Is here that we can make the
blggest impact. In 2022:
CITA worked wlth 57chorltles ocro55 the UK, dellvering o total of 65 projects.
Of whlch 34% received an annual income of less thon £50K, ond o further 35%
received less thon ES00k.
Ol these charities, 9% h(Ive two or less dedicated ITstaff members and 88%
no dedicated IT resource at all.
Charities supported by the Charity IT Association
in 2022
io
12
14
No. of projects
Advisory • Delsvery • Review
From feedback we estimate how much time has been given up by our volunteers
to support charitie5 in terms of person-hours, either face-ttrface or remotelv:
In 2022, CITA Voluntee￿ provided appmxlmotety 494 doys of free IT
consuftancy and support to chorities.
We measure the value of what is delivered to charities in terms of the opportunity
cost of havin8 to buy in an external IT expert to fulfil the tasks undertaken by CITA
volunteers:
Based on an approximatknn of 0.5 days perOTA Review. 7 days per aYAAth￿ry, and 20 days per CtfA Dell¥eryfor 2022.
CITA

The averaoe value to each thGrity. per assignment in 2022 was £2,926.00.
In 2022, the estimated volue of services delivered by CITA volunteers wa5
£190,190.L
Value of services supported by the
Charity IT Association
Advisory • Delivery • Revlew
£80
£70
£60
£50
£40
£30
.10
É20
£35
£10
£0
We measure the effectiveness of all assignments undertaken by CITA volunteers.
In 2022:
Of charities who providedfeedback, 95% judged assignments undert(7ken by
CITA volunteer5 to be either usefvl or very u5efvl.
98% reported thot they obtoined Grtionoble outcomes from the CITA
eng¢7gement.
From feedback, we measure the trust and satlsfattion that charities and
volunteers have in CITA. In 2022:
96% of charities that h(we used servlces through CITA would recommend
CITA to others.
I￿% of CITA volunteers would participate Infvrther assignments.
those who volunteered in 2022, 28% completed more thon one
Gssignment.
Based on an average rate lor ITconsutsnt chaTgirg£55 per I￿r or£385 perday.
CITA

Mentoring Achievements & Performance Monitoring
CITA also gathers feedback and monitors satisfartion from participants of the Odyssey
mentoring scheme. These focus on their experiences. what they galned from taking part
and how we could improve the scheme in thefuture.
We received affirming feedback from Odyssey Mentees in 2022, including:
e mentor/mentee matching proce55 is highly effective." it Conside￿ experience,
interests as well as desired outcomesfrom the scheme.
Odyssey Mentee
"Contextuolised exp05ure.- on experienced mentor fvr a meaningful purpose is t7n
incredible pmfe5sionul ond se￿-develOpMent opportunity--
Odyssey Mentee
"I rettntly attended the WCIT lunch, ... 7he lunch was really greot, I built my netwo￿5,
felt enthused about the CITA projert and was able to meet inspiring people very willing
and oble to support me in my own career.. I received a very wom7 welcome."
Odyssey Mentee
CITA
io

5. Structure, Governance and Management
Governing Document
CITA is an organisatlon registered as a charity in England and Wales and was established
under a constitutlon, which created its objects and powers of the charity, and as such is
governed by thls constitution.
Trustee Board
At the end of 2022. CITA had seven trustees. Two new trustees Jolned in January 2022
whose selection was through recruitment, Interview, and appointment and a thlrd was
promoted from executlve volunteer. The Trustee Board is also supported by a WCIT
nominated Advlsor and the volunteer CEO.
Management Structure
Since 2020. the role of the Chief Executlve has been that of an executive volunteer. This
Indivldual harnesses extenslve commercial experience as a Mana8lng Direttor and Chlef
Operatlng Offlcer. Our CEO is responsible for the charit(s overall day to day
management, reportlng to the Chair of Trustees. His prlmary objective has been to
change the operating model of CITA to enable us to 'do more vAth le5S', these strate8iC
objectives are on the verge of belng realised. Which he has been achlevln&
Key strategic declslons are taken to the Board of Trustees for approval, and
administration is processed by a paid FfE. The trustees are responslble for the overall
strateglc dlrectlon and sound financlal prartlces within the charlty. The Board held
meetings on a monthly or bl-monthly basis and recelved monthly management
accounts.
At the end of 2021, the CEO recruited 9)me Executlve volunteer support to a5$1st wlth
key project dellvery - Odyssey our mllltary mentoring pro8ramme and Access our
project to bulld a new operatin8 platform. We also utllise some paid consultancy to
support grant and fundlng applicatlons.
The ambltlon for the charlty in the short temi wlll be to find more Executlve volunteers
who can support Volunteer and Charlty engagement, our longer-term goal would be to
increase paid FTE to support the recrultment of charities and volunteers and 8rowlng
mentor partnership5.
Related Parties
No related parties
CITA
li

## **6. Financial Review** 

At the end of 2022 CITA showed cash balance of £18,252 (2021: £14,805). Total income for the year was £34,198 (2021: £18,206), which included £5,450 (2021: £9,975) for consultancy services. 

The 2022 plan was to attempt to win new grant funding to replace the WCIT grant, grow income through the Lloyds Bank Foundation (LBF) fees and direct fees and repeat the mentoring scheme for the Royal Corps of Signals. Grant funding of £15,970 was obtained, but LBF projects were radically reduced compared to plan but picked up towards the end of the year. The RCS signed an expanded mentoring scheme and paid in full upfront. During the year a new CSR sponsorship was signed with Boxxe for £5,000. 

## Reserves 

Any income generated above the approved budget of CITA in a financial year will be used to establish and maintain a financial reserve. That will be held in a separate financial vehicle from the operational funds. 

The Financial Reserve may only be used to fund the charitable activities of CITA, when income has fallen below the budget for a year and there is no foreseeable way to fund the Charities activities. 

The decision to utilise the Financial Reserve may only be taken by a majority vote from the Trustees. 

## Plan for the Future 

In 2023, CITA intends to launch its new platform which should enable CITA to use its resources to grow the level of customer service and increase the number of charities helped across the UK. 

This year CITA has engaged external consultancy to generate and pursue a grant funding strategy initiated to drive a much-increased effort to secure grant income in 2022 and will continue this strategy for 2023. CITA aims to work with more partners, increase the service levels and grow its marketing presence to reach more charities. CIT A intends to increase and strengthen the volunteer base to improve the knowledge of skills that can be offered. 

**CITA Charity IT Association** 

12 



## **7. Statement of Trustees' Responsibilities in Relation to the Financial Statements** 

The trustees are responsible for preparing the trustees' annual report and financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. 

Charity law in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for the year. In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently. 

- observe the methods and principles in the Charities SORP (Statement of Recommended Practice); 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue its activities. 

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. 

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. 

Appr�ve�-t�e t_;u;erf the charity and signed on its behalf by: lan ~~Henr�~~ f- Chair Date: Charity number: 1168721 

**CITA Charity fl Association** 

13 



## **8. Independent Examiner's Report to the trustees of Charity IT Association** 

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022. 

## Responsibilities and basis of report 

As the trustees of Charity IT Association, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of your charity's accounts as carried out under section 145 of the Act. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## Independent examiner's statement 

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: 

- the accounting records were not kept in accordance with section 130 of the Act; _or_ 

- the accounts did not accord with the accounting records; _or_ 

- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Tom Wilcox Senior Partner 

Counterculture Partnership LLP Unit 115 Ducie House Ducie Street 

Manchester M1 2JW 

Date: 25/10/23 

**CITA Charity IT Association** 

14 



9. Statement of Financial Activities
Statement of Financial Activities for the Year Ended 31 December 2022
Note
Unrestricted
Fund5
Restrlcted
Funds
Total Funds
2022
Income and endowments
from:
Grants & Donations
Other income
17,342
11.856
22.342
11,856
Total Income
29.198
34,198
Expendlture on:
Charitable activities
18.549
23,549
Total Expenditure
18,549
23,549
Net
IncomellExpendlture)
10,649
10,649
Net movement In funds
10,649
10,649
Recondllatlon of funds
Total funds brought
forward
Total funds carrled
forward
6,519
6,519
17,168
17,168
CITA
15

Statement of Financial Activities 2021 Comparatives
Note
Unrestrirted
Funds
Restricted
Funds
Total Funds
2021
Income and endowments
from:
Grants & Donations
Other income
3,544
14.662
14,662
Total Income
18,206
18.206
Expenditure on:
Charitable activities
20.824
20,824
Total Expenditure
20.824
20,824
Net
Income/(Expendlture)
12.6181
(2,6181
Net movement in funds
12,6181
12.6181
Reconciliation of funds
Total funds brought
forward
Total funds carried
forward
9,137
9,137
6,519
6,519
The charity has no recognised gains and losses other than the net movement in funds
for the two years shown.
CITA
16

Balance Sheet 2022
Note
2022
Flxed Assets
Tangible
Current Assets
Debtors
Prepayments & Accrued Income
Bank
io
io
1,350
365
18,252
19,967
Current Liabilities
Trade Creditors
Other Creditors & Accruals
Deferred Income
li
li
li
1.025
680
1.094
2,799
Net Current Asset51 (Llabilltles)
17,168
Total Assets less Current Uabllltles
17,168
Funds of the tharfty:
Restricted funds
Unrestrirted funds
Total funds
12
17,168
17.168
The financial statements were approved by the trustees, and authorised for
issue on
igned o
their behalf by:
lan
enderson
Chair
Date:
24,,f IS
Charity number.. 1168721
CITA
17

Balance Sheet 2021 Comparatives
Note
2021
Fixed Assets
Tangible
Current Assets
Debtors
Prepayments & Accrued Income
Bank
io
io
950
341
14,085
16.096
Current Liabilities
Trade Credltors
Other Creditors & Accruals
Deferred Income
li
li
li
773
1,305
7,500
9,578
Net Current Assets / (Llablllties)
6,519
Total Assets less Current Llabllltles
6.519
Funds of the charlty.
Restrirted funds
Unrestricted funds
Total funds
12
6,519
6,519
CITA
18

Notes to the Accounts
Charfty status
The charity is a Charitable Incorporated Organisation (CIO) registered wlth the Charity
Commission in England. The char￿S registered office is 8&90 Paul Street, London EC2A
4NE.
Accounting polides
Summary of significant accounting policies and key accounting estimates
The princlpal accounting policies applied in the preparatlon of these flnancial statements
are set out below. These policies have been consistently applled to all the years
presented, unless otherwise stated.
Statement of compliance
The financlal statements have been prepared in accordance with Accounting and
Reportin8 by Charities: Statement of Recommended Practice appllcable to charities
preparin8 their accounts In accordance with the Financial Reportln8 Standard applicable
In the UK and Republlc of Ireland IFRS 102) (effective l January 20191- (Charities SORP
IFRS 102)), the Financial Reportlng Standard applicable in the UK and Republlc of Ireland
IFRS 102} and the Charlties Act 2011.
Basis of preparation
Charity IT Assoclatlon meets the definition of a publ1¢ benefit entlty under FRS 102.
Assets and Ilabllltles are initially recognised at historlcal cost or transaction value unless
otherwlse stated In the relevant accounting policy note5.
The flnancial statements are presented in sterling whlch Is the functional Currency of the
charlty and rounded to the nearest £.
Going concern
The trustees consider that there are no materlal uncertainties about the charlty's ability
to continue as a 80ing concern nor any slgnificant areas of uncertainty that affect the
carryin8 value of assets held by the charity.
Exemption from preparing a cash flow statement
The charity Opted to early adopt Bulletin I published on 2 February 2016 and have
therefore not included a cash flow statement in these financial Statements.
CITA
19
ClarliytrA%¥Kl•dty7

Income and endowments
All income is recognised once the diarity has entitlement to the income, it is probable
that the income will be received, and the amount of the income receNable can be
measured reliably.
DonGtion5 Gnd legacies
Donations are reco8nised when the charity has been notified in writing of both the
amount and settlement date. In the event that a donation is subject to conditlons that
require a level of performance bythe charity before the charity is entitled to the funds,
the income is deferred and not recognised until either those conditions are fully met, or
the fulfilment of those conditions is wholly within the control of the charity and it is
probable that these conditions will be fulfilled in the reporting period.
Income from donated goods/services is measured at the fair value of the goods/service
unless this is impractical to measure reliably. in whlch case the value is derived from the
cost to the donor or the estimated resale value.
Expenditure
All expendlture is recognised once there is a legal or constructive obligatlon to that
expenditure, it is probable settlement is required and the amount can be measured
reliably. All costs are allocated to the applicable expenditure heading that aggregate
similar costs to that category. Where costs cannot be direttly attributed to particular
headings they have been allocated on a basis consistent with the use of resources, with
central staff costs allocated on the basis of time spent, and depreclation
charges allocated on the portion of the asseys use.
Raisingfunds
These are costs incurred In attrarting voluntary income and those incurred in trading
artivltie5 that raise funds.
Charitable octivities
Charitable expenditure comprises those costs tncurred by the charity in the delivery of
its activities and services for its beneficiaries. It includes both costs that can be allocated
directly to such activities and those costs of an indirert nature necessary to support
them.
Support costs
Support Costs include central functions and have been allocated to activity Cost
categories on a basis consistent with the use of resources, for example, allocating
property costs by floor areas, or per capita. staff costs by the time spent and other cost5
by their usage.
Governance costs
These include the costs attributableto the charitvs compliance with constitutional and
statutory requirements. including audit, Strategic management and trusteeg meetings
and rèimbursed expenses.
CITA
20

Taxation
As a registered charity, the company is exempt from corporation tax on surpluses arising
from its charitable activities during the year.
Tangible fixed assets and depreciation
All assets costing more than £150 are capitalised.
Tangible fixed assets are carried at cost, net of depreciation and any provision for
impairment. Depreciation is provided at rates calculated to write off the cost of fixed
assets, less thelr estlmated residual value. over their expected useful lives on the
following basis:
Computer equipment-50% straight line
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or servi￿5
performed in the ordinary course of business. Trade debtors are recognised initially at
the transaction price. They are subsequently measured at amortised cost usin8 the
effective interest method, less provision for impairment. A provision forthe impairment
of trade debtors is established when there is objective evidence that the charity will not
be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-
term highly liquid investments that are readily convertible to a known amount of cash
and are subject to an insignificant risk of change in value.
Fund structure
Unrestrirted income funds are general funds that are available for use at the trustees,
discretion in furtherance of the objectNes of the charity.
Restricted income funds are those donated for use in a particular area or for specific
purposes, the use of which is restricted to that area or purpose.
CITA
21

Financial instruments
Classification
Financial asset5 and financial Ilabilities are recognised when the charity becomes a party
to the contractual provlsions of the instrument.
Financial liablllties and equity instruments are dassified according to the substance of
the contractual arrangements entered into. An equity Instrument is any contract that
evidences a residual interest in the assets of the charity after deducting all of Its
liabilitles.
Recognition ond measurement
All financial assets and Ilabilities are Inltlally measured at transactlon price (Includln8
transaction costs), except for those flnancial assets classlfied as at falr value through
profft or loss, which are initlally measured at fair value {which Is nomially the transactlon
price excluding transartion costs), unless the arrangement constitutes a financing
transactlon. If an arrangement constitutes a financin8 transactlon, the flnancial asset or
financial liability is measured at the present value of the future payments discounted at
a market rate of Interest for a similar debt Instrument.
Flnan¢lal assets and Ilabilitles are only offset In the statement of flnancSal position when,
and only when there exists a le8ally enforceable ri8ht to set off the recognlsed amounts
and the charity intends elther to settle on a net ba51s, or to reallse the asset and settle
the Ilabllity slmultaneously.
Flnancial assets are derecognlsed when and only when a) the contrartual rlghts to the
cash flows from the financial asset expire or are settled, b) the charlty transfers to
another party substantially all of the risks and rewards of ownershlp of the financial
asset, or cl the charity, despite havlng retained some, but not all, signlflcant rlsks and
rewards of ownershlp, has transferred control of the asset to another party.
Flnanclal liablllties are derecognlsed only when the obligation specffied In the contract
Is dlscharged. cancelled or expires.
CITA
22

Income from grants and donations
Unrestricted
Funds
Restricted
Funds
Totsl
Funds:
2022
Total
Funds:
2021
Donatlons:
Worshipful Company of
Intonnatlon Technologists-
services in kind
Boxxe
Other donations
Grants:
Leather5ellers
National Lottery
2.925
1.372
1,372
619
9.970
9.970
The Foyle Foundatlon
Total
17J42
22￿1
Other Incom•
Unrestrlcted
Funds
Restrfcted
Funds
Total Funds: 2022
Total Funds: 2021
Consultancy
se￿lee$
Other Income
5,450
5.450
9,975
4,687
Totsl
IiA56
I1￿6
14,662
Expendlture on ¢harltable actlvltles
Charitable
aCtNit￿S
Goveman
Total: 2022
Totsl: 2021
Freelance Consultanoi
19.573
19.573
13,181
Accountancy Idonated In kind}
Web & Marketing
Independent Examiners Fee5
2,925
2,435
540
1.264
1.264
565
565
Subscrlptions
Insurance
Admin & charges
Depreciation
Total
279
1.241
627
279
1.241
627
1,222
195
236
20,824
565
23Y9
Included within total expenditure on charitable activities was £5.(KK) of restricted
expenditure12021: £0 was restrlcted).
CITA
23

Employees
Charity IT Associatlon did not employee any staff during the year (2021: none).
Trustees
No trustees. nor any persons connerted with them. have received any remuneratlon
from the charity during the year (2021: £nil).
No trustees recelved reimbursement of expenses during the year {2021: £nlll.
No trustees have received any other benefrts from the tharity durin8 the year.
Net movement In funds
Net movement in funds Is stated after Chargin￿{credItIngl.
2022
2021
Independent examlnerfs fees
Depreclation of owned tangible a55ets
565
236
Tanglble flxed assets
Computer
Equipment
Totsl
At l January 2022
Additions
At 31 December 2022
1,082
1.082
1,082
1.082
Depreclatlon
At l January 2022
Charge for the year
At 31 December 2021
1,082
1.082
1.082
1.082
Net book value
At 31 December 2022
At 31 December 2021
CITA
24
Cwtyff

10. Debtors
2022
2021
Other debtors
Prepayments and accrued Income
1,350
365
950
341
Total debtors
Ln5
1.291
11. Credltors: amounts fallln8 due wfthln one year
2022
2021
Trade creditors
Accruals and deferred Income
1.025
I,r14
773
T¢)tsl cr•dlt
2.799
9.578
12. Statement of funds
2022
Brou8ht
Forward
Transfers
I￿oUt
Carrfed
Fop•vard
Income
Expendlture
Restrlrted fvnds
Foyle Foundatlon
Unr•strfrted fvnds
{S.CrfXI)
(18y9)
6J19
29.198
17,168
T¢)tal fvnds
6￿19
123Y9)
17.168
)zi
8rou8ht
FO￿rd
Transfers
Inlout
Carrled
Forward
IKome
R•strlcted funds
WCIT Cha
Unr•strlrtod funds
9.137
18,206
(20,824)
6.519
Total funds
9.137
206
(20A24)
6,519
13. R•lated party trnnsactlons
None.
CITA

**Independent examiner's report on the accounts** 


## **Section A                        Independent Examiner’s Report** 

|**Report to the trustees/**<br>**members of**<br>**On accounts for the year**<br>**ended**<br>**Set out on pages**|CHARITY IT ASSOCIATION (CITA)|CHARITY IT ASSOCIATION (CITA)|CHARITY IT ASSOCIATION (CITA)|
|---|---|---|---|
|||||
||31/12/22|**Charity no**<br>**(if any)**|1168721|
|||||
||Above|||



I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/12/22.** 

- **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

**Independent** I have completed my examination.  I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect: 

- accounting records were not kept in accordance with section 130 of the Act or 

- the accounts do not accord with the accounting records 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

**Signed: Date:** 25/10/23 **Name:** Tomas Wilcox **Relevant professional** FCIE **qualification(s) or body (if any): Address:** Counterculture Partnership LLP Unit 115 Ducie House, Ducie Street Manchester, M1 2JW 

## **Section B                           Disclosure** 

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 

**October 2018** 

**IER** 



**Give here brief details of any items that the examiner wishes to disclose** . 

**October 2018** 

**IER**