OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

2024-03-31-accounts

==> picture [100 x 51] intentionally omitted <==

Charity registration number:1169819

The Roma Project

Annual Report and Financial Statements for the year ended 31st March 2024

1

The Roma Project

Contents

for the year ended 31st March 2024

Reference and Administrative details 3 Trustees’ report 4 Objectives and activities 4 Achievements and Performance 4-5 Financial Review 5-6 Structure, Governance and Management 6 Trustee’s Responsibilities 6 Independent Examiners Report 7 Statement of Financial Activities Balance Sheet Statement of cash flows Notes to the financial statements

2

The Roma Project Reference and Administrative Details for the year ended 31st March 2022

Trustees Dave Faires - Chairperson Rosamaria Kostic Cisneros - Vice-Chair Michelle Webb – Treasurer Stanislava Yassmin Vilcekova Lydia Elizabeth Nash Secretary Amanda Rawlings Principal Office 124 Broad St, Coventry CV6 5BG, United Kingdom Charity Registration Number 1169819 Bankers Barclays Bank Independent examiner Wendy Stanyon

3

The Roma Project

Trustees’ Annual Report

for the year ended 31st March 2024

The Trustees are pleased to present the annual report of The Roma Project which was registered as a charitable incorporated organisation number 1169819 on 20th October 2016.

Objectives and activities

The Roma Project, which is based in Coventry, offers free and confidential information, advice and support across the city.

Main activities

We help to identify and claim benefits, to challenge decisions, to advise on strategies for dealing with problem debt, housing, education, to negotiate with creditors and to provide information and support on a range of other social welfare issues.

Our service is delivered from community outreach venues across the city where we offer a mix of ‘drop-in’ sessions and pre-booked appointments. Our service model is focused on reaching Roma people where they live, in their own neighbourhoods, in areas of greatest need.

By offering high quality advice and information services within the city we will help the Roma people to make informed decisions and choices that affect their lives. We do not seek to create a dependency on our service for assistance; instead we strive to empower people to recognise their rights and entitlements, to claim the benefits they need and to help find realistic solutions to financial problems.

Long-time objectives

 To continue to offer accessible advice and information services in neighbourhoods across the city;

4

The Roma Project

Trustees’ Annual Report

for the year ended 31st March 2022

Achievements and Performance

We know that we made a real difference for the people who come to see us. We assisted people to secure income that they are entitled to. We helped people to take more control of their finances. We increased income security and stability. Our work has had wider impacts, such as improving health, self-confidence and employability. We opened and resolved over 3328 new case files in 2023/2024. Enquiries about welfare benefits remain the highest category and issues with debt, housing and money advice issues remain the second largest category of work. Settled status enquires have become one of the main issues due to Brexit Settlement Scheme. More than a half of our open cases have been about residence and settled status applications. Our service continues to have 1 day drop-in advice sessions per week and 5 days appointment sessions per week. In addition to our ongoing efforts with the Roma community, the Roma Project has also established a Warm Hub to provide support for vulnerable individuals during the cold winter months. This initiative aims to offer a safe and welcoming space where people can access essential resources, warmth, and companionship during challenging times.

Financial Review

During the year, the Roma Project was successful in securing funding from the Big Lottery to continue its charitable objectives for 3 more years. Due to an increased demand of our services, the 3-year funding extension by the Big Lottery, comes in recognition of our outstanding work with the Roma community. This endorsement reaffirms our commitment to empowering and supporting the Roma population, fostering inclusion and enabling positive change.

5

The Roma Project

Statement of Financial Activities

For the year ended 31 March 2024

Note
Income from:
Donations
2
Charitable activities
3
Other
Total Incoming Resources
Expenditure on:
Charitable Activities
4
Total Resources Expended
Net income/(expenditure) for the year
Total funds bought forward
Transfers
Funds Carried Forward
Unrestricted
Funds
£
-
-
30,405
30,405
34,352
34,352
(3,947)
32,242
(2,654)
25,641
Restricted
Funds
£
-
52,108
-
52,108
93,723
93,723
(41,615)
38,961
2,654
-
2024
£
-
52,108
30,405
82,513
128,075
128,075
(45,562)
71,203
-
25,641
Unrestricted
Funds
£
50
-
8,158
8,208
2,732
2,732
5,476
26,766
-
32,242
Restricted
Funds
£
-
116,113
-
116,113
117,786
117,786
(1,673)
40,634
-
38,961
2023
£
50
116,113
8,158
124,321
120,518
120,518
3,803
67,400
-
71,203

The Statement of Financial Activities includes all gains and losses in the year.

All incoming resources and resources expended derive from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 9.

Page 8

The Roma Project

Independent Examiner’s Report

for the year ended 31st March 2024

I report to the trustees on my examination of the accounts of the above charity for the year ended 31[st] March 2024.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable 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:

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

Wendy Stanyon

7

The Roma Project

Trustees’ Annual Report

for the year ended 31st March 2024

The trustees have a reasonable expectation that the charity will continue in operational existence for the foreseeable future (being over 12 months from the date of signing this report) and have therefore, used the going concern basis in preparing these financial statements.

Structure, governance and management

The Roma Project is constituted as a registered charitable incorporated organisation. Trustees of the charity are appointed following a skills-based audit and interview process with recommended appointments subject to election at the Annual General Meeting (AGM). At each AGM, one-third of the trustees must retire from office but are able to seek re-election. The trustees are also able to co-opt board members during the year, using the same skills-based approach.

Trustee’s responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards and applicable law and regulations. Charity law requires the trustees to prepare financial statements for each financial year. Under law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity.

The annual report was approved by the trustees of the charity on 24[th] of October 2024 and signed on its behalf by;

Dave Faires

6

The Roma Project

Statement of Financial Activities

For the year ended 31 March 2024

Note
Income from:
Donations
2
Charitable activities
3
Other
Total Incoming Resources
Expenditure on:
Charitable Activities
4
Total Resources Expended
Net income/(expenditure) for the year
Total funds bought forward
Transfers
Funds Carried Forward
Unrestricted
Funds
£
-
-
30,405
30,405
34,352
34,352
(3,947)
32,242
(2,654)
25,641
Restricted
Funds
£
-
52,108
-
52,108
93,723
93,723
(41,615)
38,961
2,654
-
2024
£
-
52,108
30,405
82,513
128,075
128,075
(45,562)
71,203
-
25,641
Unrestricted
Funds
£
50
-
8,158
8,208
2,732
2,732
5,476
26,766
-
32,242
Restricted
Funds
£
-
116,113
-
116,113
117,786
117,786
(1,673)
40,634
-
38,961
2023
£
50
116,113
8,158
124,321
120,518
120,518
3,803
67,400
-
71,203

The Statement of Financial Activities includes all gains and losses in the year.

All incoming resources and resources expended derive from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 9.

Page 8

The Roma Project

Balance Sheet

at 31 March 2023

Notes
Current Assets
Debtors
6
Cash at bank and in hand
7
Current Liabilities
Amounts due within 1 year
8
Net Current Assets
Total Assets less Current Liabilities
Net Assets
Financed by:
Restricted Funds
9
Unrestricted Funds
9
£
£
5,778
22,296
28,074
(2,433)
25,641
25,641
25,641
-
25,641
25,641
2024
£
£
5,128
70,014
75,142
(3,939)
71,203
71,203
71,203
38,961
32,242
71,203
2023

The financial statements were approved by the Board of Trustees and authorised for issue on and were signed on its behalf by:

Signed _____ Director

Page 9

The Roma Project

Statement of Cash Flows

For the year ended 31 March 2024

Note
Net cash provided by/ (used in) operating activities
Net income/(expenditure) for the reporting period (as per statement of financial activities)
Increase in debtors
Decrease in creditors
Change in cash and cash equivalents in the year
7
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
2024
£
(45,562)
(650)
(1,506)
(47,718)
70,014
22,296
2023
£
3,803
(1,650)
(2,577)
(424)
70,438
70,014

Page 10

The Roma Project

Notes to the accounts

For the year ended 31 March 2024

1. Accounting policies

Basis of the preparation of the accounts

These financial statements have been prepared under the historical cost convention and the Financial Reporting Standard 102.

Income

All material incoming resources have been included on a receivable basis – i.e. they are included if the date receivable falls within the period covered by these accounts.

Expenditure

These have been analysed using a natural classification.

Depreciation

There are no assets requiring capitalisation or depreciation.

2. Income from donations

Donations
3. Income charitable activities
The Big Lottery - Reaching
Communities
Unrestricted
Funds
£
-
Unrestricted
Funds
£
-
-
Restricted
Funds
£
-
Restricted
Funds
£
52,108
52,108
2024
Total
£
-
2024
Total
£
52,108
52,108
Unrestricted
Funds
£
50
Unrestricted
Funds
£
-
-
Restricted
Funds
£
-
Restricted
Funds
£
116,113
116,113
2023
Total
£
50
2023
Total
£
116,113
116,113

Page 11

The Roma Project

Notes to the accounts

For the year ended 31 March 2024

4. Cost of Charitable Activities by Fund Type

Salaries
Rent
Minibus expenses
Travel expenses
Destitution expenses
Accountancy fees
Equipment
Evaluation fees
Events
Insurance
Meeting expenses
Miscelaneous
Payroll expenses
PPE equipment
Printing and stationery
Professional fees
Subscriptions
Sundry expenses
Telephone
Training
Volunteer expenses
Webhosting
Unrestricted
Funds
£
24,722
6,156
-
-
-
1,549
342
-
957
-
-
259
-
-
-
-
-
-
260
107
-
-
34,352
Restricted
Funds
£
89,180
1,300
-
-
-
233
-
-
-
846
-
7
-
-
-
-
1,473
-
378
-
-
306
93,723
2024
Total
£
113,902
7,456
-
-
-
1,782
342
-
957
846
-
266
-
-
-
-
1,473
-
638
107
-
306
128,075
Unrestricted
Funds
£
(5,000)
2,380
2,275
1,083
178
-
-
50
889
-
31
148
-
-
-
-
-
698
-
-
-
-
2,732
Restricted
Funds
£
110,873
-
-
-
-
2,250
222
-
-
778
128
-
-
-
739
-
983
-
651
856
-
306
117,786
2023
Total
£
105,873
2,380
2,275
1,083
178
2,250
222
50
889
778
159
148
-
-
739
-
983
698
651
856
-
306
120,518

5. Staff Costs and Emoluments

Total staff costs were as follows:
Wages and salaries
Social security costs
2024
£
108,895
5,007
113,902
2023
£
101,292
4,581
105,873

No employees received employee benefits above £60,000 for the year

Particulars of employees:

The number of employees during the year was as follows:
Number of administrative staff
Debtors
Debtors
Prepayments & accrued income
Cash at Bank and In Hand
Bank and cash balances
2024
No
4
2024
£
3,875
1,903
5,778
2024
£
22,296
22,296
2023
No
4
2023
£
3,875
1,253
5,128
2023
£
70,014
70,014

6. Debtors

7. Cash at Bank and In Hand

Page 12

The Roma Project

Notes to the accounts

For the year ended 31 March 2024

8. Creditors
Other tax and social security
Other creditors
9a. Movement in funds
The Big Lottery - Reaching Communities
General Funds
9b. Movement in funds (prior year)
General Funds
The Big Lottery - Reaching Communities
Balance at
31 March
2023
£
38,961
38,961
32,242
71,203
Balance at
31 March
2022
£
40,634
40,634
26,766
67,400
Incoming
Resources
£
52,108
52,108
30,405
82,513
Incoming
Resources
£
116,113
116,113
8,208
124,321
Outgoing
Resources
£
(93,723)
(93,723)
(34,352)
(128,075)
Outgoing
Resources
£
(117,786)
(117,786)
(2,732)
(120,518)
2024
£
2,433
-
2,433
Transfers
£
2,654
2,654
(2,654)
-
Transfers
£
-
-
-
-
2023
£
2,253
1,686
3,939
Balance at
31 March
2024
£
-
-
25,641
25,641
Balance at
31 March
2023
£
38,961
38,961
32,242
71,203

Page 13