Registered Charity Number: 1181925
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FOR
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
| Page | |
|---|---|
| Administrative Details | 3 |
| Report of the Trustees | 4 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 |
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2024
M. O'Sullivan Chair Trustees S. Rani S. Smith L. Gibbs Principal Address Sports & Community Centre Cameronian Croft Birmingham B36 8UB Registered Charity 1181925 Independent Examiner Cloud Accountancy Ltd 5 Park Crescent Retford DN22 6UF
Page 3
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their report with the financial statements of the charity for the year ended 31st March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Welcome to our annual report for the year end 31 March 2024. We are a registered charity with the Charities Commission, registration number 1181925, and we work for the benefit of individuals and families living in, or the surrounding areas of, the Firs & Bromford.
We exist to provide resources and facilities to meet the needs of individuals, children, and families. We are delighted to report that we raised over £315,000 in Grants to support the needs of local people.
Public benefit
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit and are satisfied the community centre provides much public benefit to the local community.
The charity faced several key challenges this year that restricted our ability to generate income. These included;
(a) We continued to have to deal with ongoing issues with our building which has been leaking and flooding the building. This has meant that large parts of the building have not been able to be used and our capacity to rent space to other groups curtailed. However, the trustees are very pleased to report that there is light at the end of the tunnel! Thanks to the generosity and ongoing support of Sport England a major roof renovation is planned for the summer of 2024. The issues have however meant that income streams have been limited, and we have been unable to rebuild reserves in this financial year.
(b) There was still a nervousness across the community regrading Covid-19 at the start of year. This meant that some people were still reluctant to engage in group activities due to high levels of anxiety. We are pleased the situation has improved as the year which has demonstrated in the high numbers of local people engaging with our warm hub and food bank activities that has been funded by Birmingham City Council.
The Trustees would like to thank all funding bodies and organisations who have supported our work this year. In particular, we are grateful for funding from Birmingham City Council as well as contributions from Sports England to help our charity build a platform for future growth.
Your donations made this work possible, and your future donations are the key to our success and investment in our communities future in a real sense.
This is our fifth report and as Chair of the trustees and I would like to thank our volunteers and fundraising team at CAFLO for their continued hard work and support.
Financial Review & Position
The income and expenditure for the period and the financial position at the end of the period are shown in the attached financial statements.
Reserves policy
At 31 March 2024 the charity did not hold any free reserves as the unrestricted fund showed a deficit and monies had been committed or invested in tangible fixed assets.
Page 4
CAFLO (COMMUNITY AclloNS FOR LOCAL OPPORTUNMESI TRUSTEES ANNUAL REPORT F(AITHEYEAR ENDED31 MARCH 2024-contlnud Future Pl$ We havea set plan tofinish renovatinBthe roof in thesummer of 2024. Thlswork is be1n6fvnd by Sport England and wlll enablethewhole building can bereopenedfor community use. On¢ecompleted wewill: lal Wewish to increasecommunityuseand external bookingasthebuildin8becomesfvlly useableagaln. We also intend to begln to rebuild thecharitlesunrestr1ct re5erveswhlch wwebadly affled dueto thewater dama8eand roof issue5we Suffer ihis year. Ibl to plan frjrther rwovationsforthe rest ofthebulldin& We dweratdyneed an overhaul of our htn8and electrltal syrtem and a Ilfeto makethewholecentreacttwbleisalso reouired. 1¢) FUrtherertd our work with peoplewith special UCatiOnal need& This will InCludedOplnga sen50ry room and a rangeofservire5and activitiesthat support thi58roup. sTRUuRE GOVERNANCEAPIDMANAGEM Go¥emln8 d¢xument Thecharity isa charitable Incorporat organisatlon and itsconstitution 151ts8ovttningdocumffii. Charftyconstitution Thecharity adopted itsconstltution on 2 November2018 and athle Charitycornmisgon rstration on 7 February 2019. RecNltmentand 4pIntment01nQWtrwsteS Duringthe year no nvwTrusteeswereappointed or regned. A new trusteeis identified throLt8h desiraj skill% e¥perienc< knowled8eand attribvtesneeded forthe effectiveadmiTristration of theCIOtocomplement the£%isting8roup of trust MewtfU5teesthat areappointed areprovidal with acopyof the8overningdocument, and the latest trustees, annual report and Statement of account& C1$10n4l structur• Thecharity is managed bytheboard 0ftrtsee$Which should nurnber no lessthan 3 at anytime. TheTrustees meet r4wlarly to discuss plan& Dayto day manJ8wnt iscarritd out bythecentre manager. RJskmwffj•rt Thetru5tea5havea dutyto Identify and reviewthe risksto which the charity isexp05ed andto appropriate wntrolsare in placeto providereasonableassurance¥inst fraud and error. Approved by ordff ofthe board of trusteu on 24 January 2025 and 8ned on its behaf by. M O'Sullivan-Trust Pa8e 5
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
INDEPENDENT EXAMINERS REPORT
Independent examiner's report to the trustees of CAFLO (Community Actions For Local Opportunities)
I report to the charity trustees on my examination of the accounts of CAFLO (Community Actions For Local Opportunities) (the Trust) for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the Trust 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 the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of The Chartered Institute of Management Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do 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 this report in order to enable a proper understanding of the accounts to be reached.
Jeremy Hague CGMA ACMA
Chartered Institute of Management Accountants Cloud Accountancy Ltd 5 Park Crescent Retford DN22 6UF 24 January 2025
Page 6
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 3 Charitable activities Total EXPENDITURE ON Charitable activities NET INCOME / (EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2024 2023 Unrestricted Restricted Total Total Funds Funds Funds Funds £ £ £ £ 5,615 315,448 321,063 255,632 4,458 4,458 5,499 |
|---|---|
| 10,073 315,448 325,521 261,131 4,127 376,010 380,137 263,939 |
|
| 5,946 (60,562) (54,616) (2,808) (25,146) 63,432 38,286 41,094 |
|
| (19,200) 2,870 (16,330) 38,286 |
The notes form part of these financial statements Page 7
CAFLO (COMMUNrrY AclloNS FOR LOCAL OPPORTUNMES) BALANsNE£T Asal 31 MARCH 2024 2024 Total Funds 2023 Total Funds Urrre5trirted Restricted Funds Funds Note5 FIXEDASSU5 Tanwbleassets 75 75 3,839 Debtors Cash at bank and in hd 15,000 34.880 49,880 11,4681 11,4681 2,870 2.870 1,402 1,402 Amountsfallin8duevAthln oneyear 117,8071 117.8071 112,8741 cuRRENT ASSErs 119,2751 2,870 116.4051 37.006 TOTALASSETS LESSCURRENTLIABILIIIES 119,2001 2,870 116.3301 40,845 Amountsfrallingdueaftw oneyear io 12,5591 NAsSEr$ 119,2001 2,870 IL6,3301 38,286 FUPIOS Uniellricted fiJnd5 Rricted fvnds TOTAL FiINDS 12 119,2001 125,1461 2,870 63.432 16,3301 38.286 Thefinancial statant$wQre approved bythe Board ofTrusieesand authorised for is9Jeon 25 janu 2025 and were8ned on its behalf by.. Mosullivan -Trustee The notes lorn part ol those financ1 stateffent8 Page 8
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1 STATUTORY INFORMATION
CAFLO (Community Actions for Local Opportunities) is a charitable incorporated organisation registered in England and Wales. The charity's address and registered number can be found on page 3 of these financial statements.
2 ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Small items of unrestricted fund equipment generally costing less than £1,000 and restricted funding for specific items, are charged in full to the Statement of Financial Activities when incurred.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 20% on cost Motor vehicles - 25% on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
The notes form part of these financial statements
Page 9
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
2 ACCOUNTING POLICIES - continued
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the Balance Sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is shorter.
The interest element of these obligations is charged to the Statement of Financial Activities over the relevant period. The capital element of the future payments is treated as a liability.
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
3 DONATIONS AND LEGACIES
| Donations Grants Meals Grants received, included in the above, are as follows: Awards for All Birmingham CC (Other) Birmingham CC Food grant Birmingham CC Warm Hub BBC Children in Need Celeb Community Fund Commonwealth Games - Birmingham CC Garfield Weston Grocery Trust Groundworks - HS2 Groundworks - Tesco's Nifty 50 - Birmingham CC NNS Central Peoples Health Trust Powher Birmingham CC NNS Severn Trent Community Fund - Wonderful on Tap Sport England - ESC Lottery Fund Sports Eng Small Grant St. Thomas's Dole Charity Other grants |
2024 2023 £ £ 0 0 321,063 255,632 0 0 |
|---|---|
| 321,063 255,632 |
|
| 2024 2023 £ £ 10,000 2,825 2,400 10,000 10,000 10,500 10,000 6,000 625 15,000 5,000 33,843 37,500 375 1,125 25,000 32,660 13,200 6,600 9,503 19,473 5,152 157,150 119,400 15,000 1,340 5,615 11,409 |
|
| 321,063 255,632 |
The notes form part of these financial statements
Page 10
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
4 TRUSTEES' REMUNERATION AND BENEFITS
Total remuneration paid to Trustees in the period was £nil (2023: £nil)
5 STAFF COSTS
| STAFF COSTS | |
|---|---|
| Wages and salaries Other pension costs The average monthly number of employees No employees received emoluments in excess of £60,000. |
2024 2023 £ £ 76,215 76,934 1,016 1,014 |
| 77,231 77,948 |
|
| 2024 2023 7 7 |
6 INDEPENDENT EXAMINATION
The amount payable to the independent examiner for accounts and examination fee is £2,500 (2023: £2,500).
7 TANGIBLE FIXED ASSETS
| COST At 1 April 2023 and 31 March 2024 DEPRECIATION At 1 April 2023 Charge for year At 31 March 2024 NET BOOK VALUE At 31 March 2024 At 31 March 2023 |
Fixtures Motor & Fittings Vehicles Total £ £ £ 1,000 17,520 18,520 |
|---|---|
| 725 13,956 14,681 200 3,564 3,764 |
|
| 925 17,520 18,445 |
|
| 75 0 75 |
|
| 275 3,564 3,839 |
The notes form part of these financial statements Page 11
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
| COST At 1 April 2023 and 31 March 2024 DEPRECIATION At 1 April 2023 Charge for year At 31 March 2024 NET BOOK VALUE At 31 March 2024 At 31 March 2023 8 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Prepayments 9 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Hire purchase (see note 11) Trade creditors Social security and other taxes Other creditors Accruals and deferred income 10 CREDITORS: AMOUNTS FALLING AFTER ONE YEAR Hire purchase (see note 11) |
2024 £ 0 0 |
Motor Vehicles £ 17,520 13,956 3,564 |
|---|---|---|
| 17,520 | ||
| 0 | ||
| 3,564 | ||
| 2023 £ 0 15,000 |
||
| 0 | 15,000 | |
| 2024 £ 2,687 8,223 4,905 1,992 0 |
2023 £ 3,432 4,872 1,836 0 2,734 |
|
| 17,807 | 12,874 | |
| 2024 £ 0 |
2023 £ 2,559 |
The notes form part of these financial statements Page 12
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
11 LEASING AGREEMENTS
Minimum lease payments fall due as follows:
| Hire Purchase contracts Within one year Between one and five years Non cancellable operating lease Within one year Between one and five years 12 MOVEMENT IN FUNDS Unrestricted funds General fund Restricted Funds Awards for All Birmingham CC (Other) Birmingham CC Food grant Birmingham CC Warm Hub Children in Need CWG Legacy Fund Garfield Weston Groundworks - HS2 Groundworks - Tesco's Nifty 50 - NNS Central Peoples Health Trust Powher Birmingham CC NNS Severn Trent Community Fund - Wonderful on Tap Sport England - ESC Lottery Fund Sports Eng Small Grant TOTAL FUNDS |
2024 2023 £ £ 2,687 3,432 0 2,559 2,687 5,991 5 5 20 20 25 25 Net At movement At 1.4.23 in funds 31.3.24 £ £ £ (25,146) 5,946 (19,200) 0 0 0 0 0 0 0 0 2,220 (150) 2,070 0 0 0 0 5,979 (5,979) 0 0 0 3,333 (3,333) 0 0 0 800 800 31,900 (31,900) 0 20,000 (20,000) 0 0 0 |
2024 2023 £ £ 2,687 3,432 0 2,559 |
|---|---|---|
| 2,687 5,991 |
||
| 5 5 20 20 |
||
| 25 25 |
||
| 63,432 (60,562) 2,870 |
||
| 38,286 (54,616) (16,330) |
The notes form part of these financial statements Page 13
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
12 MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted Funds Awards for All Birmingham CC (Other) Birmingham CC Food grant Birmingham CC Warm Hub Children in Need CWG Legacy Fund Garfield Weston Groundworks - HS2 Groundworks - Tesco's Nifty 50 - NNS Central Peoples Health Trust Powher Birmingham CC NNS Severn Trent Community Fund - Wonderful on Tap Sport England - ESC Lottery Fund Sports Eng Small Grant TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds BBC Children in Need Groundworks - HS2 Nifty 50 - NNS Central NNS Whats your Logo Severn Trent Community Fund - Wonderful on Tap Sport England - ESC Lottery TOTAL FUNDS |
Incoming resources £ 10,073 10,000 2,825 2,400 10,000 10,000 6,000 15,000 33,843 375 25,000 13,200 9,503 5,152 157150 15,000 |
Resources Movement expended in funds £ £ (4,127) 5,946 (10,000) 0 (2,825) 0 (2,400) 0 (10,000) 0 (10,150) (150) (6,000) 0 (15,000) 0 (39,822) (5,979) (375) 0 (28,333) (3,333) (13,200) 0 (8,703) 800 (37,052) (31,900) (177,150) (20,000) (15,000) 0 |
|---|---|---|
| 315,448 | (376,010) (60,562) |
|
| 325,521 | (380,137) (54,616) |
|
| Net movement At in funds 31.3.23 £ £ (17,579) (25,146) 2,220 2,220 5,979 5,979 3,333 3,333 (2,292) 0 (14,469) 31,900 20,000 20,000 |
||
| 14,771 63,432 |
||
| (2,808) 38,286 |
The notes form part of these financial statements Page 14
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
12 MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted Funds Celebration Community Fund Children in Need Commonwealth Games - Birmingham CC Grocery Trust Groundworks - HS2 Groundworks - Tesco's Nifty 50 - NNS Central NNS Whats your Logo Peoples Health Trust Powher Birmingham CC NNS Severn Trent Community Fund - Wonderful on Tap Sport England - ESC Lottery Fund St. Thomas's Dole Charity TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 16,908 (34,487) (17,579) 10,000 (10,000) 0 10,500 (8,280) 2,220 625 (625) 0 5,000 (5,000) 0 37,500 (31,521) 5,979 1,125 (1,125) 0 32,660 (29,327) 3,333 (2,292) (2,292) 6,600 (6,600) 0 19,473 (19,473) 0 0 (14,469) (14,469) 119,400 (99,400) 20,000 1,340 (1,340) 0 |
|---|---|
| 244,223 (229,452) 14,771 |
|
| 261,131 (263,939) (2,808) |
13 RELATED PARTY DISCLOSURES
During the period no related party transactions took place (2023: £nil).
During the period, donations totalling £nil (2023: £nil) were received from trustees.
14 FUNDS
Awards for All
To provide youth club sessions for vulnerable and disadvantaged young people.
Birmingham CC (Other)
Grant to cover core cost eg external finance, salaries, utilities.
Birmingham CC Food grant
Hot meals and food hampers to support people from low income households.
Birmingham CC Warm Hub
To provide a warm space for people who are vulnerable isolated.
The notes form part of these financial statements
Page 15
CAFLO (COMMUNITY ACTIONS FOR LOCAL OPPORTUNITIES)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
14 FUNDS - continued
Children in Need
Youth clubs and support for children with special educational needs or a disability.
CWG Legacy Fund
To provide sporting activities aligned with the Commonwealth Games taking place in the city.
Garfield Weston
To contribute towards the overall running costs of CAFLO.
Groundworks - HS2
Replace the doors and windows at the CAFLO centre.
Groundworks - Tesco's
Hot meals and food hampers to support people from low-income households.
Nifty 50 - NNS Central
To provide a programme of community activities to help over 50's improve their health and well being.
Peoples Health Trust
To empower local people to plan, organize and deliver their own community activity programme.
Powher Birmingham CC NNS
To fund mental health support groups and provide a social meeting space and fitness sessions.
Severn Trent Community Fund - Wonderful on Tap
Providing funding to replace doors and improve security to our building.
Sport England - ESC Lottery Fund
To replace the main rood at the CAFLO centre.
Sports Eng Small Grant
To purchase new sports and fitness equipment.
The notes form part of these financial statements Page 16