**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-contlnu*d 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 aff￿led dueto thewater dama8eand roof issue5we Suffer￿ ihis year. Ibl to plan frjrther rwovationsforthe rest ofthebulldin& We dweratdyneed an overhaul of our h**tn8and electrltal syrtem and a Ilfeto makethewholecentreacttwbleisalso reouired. 1¢) FUrtherert￿d our work with peoplewith special ￿UCatiOnal need& This will InCluded￿￿Oplnga sen50ry room and a rangeofservire5and activitiesthat support thi58roup. sTRU￿uRE GOVERNANCEAPIDMANAGEM Go¥emln8 d¢xument Thecharity isa charitable Incorporat￿ organisatlon and itsconstitution 151ts8ovttningdocumffii. Charftyconstitution Thecharity adopted itsconstltution on 2 November2018 and athle￿￿ Charitycornmisgon r*stration on 7 February 2019. RecNltmentand 4p￿Intment01nQWtrwst￿eS Duringthe year no nvwTrusteeswereappointed or re￿gned. 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& C￿￿1$￿10n4l structur• Thecharity is managed bytheboard 0ftrts￿ee$Which should nurnber no lessthan 3 at anytime. TheTrustees meet r4wlarly to discuss plan& Dayto day manJ8wn￿t iscarritd out bythecentre manager. RJskm*wffj•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: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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) BALAN￿sNE£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 h￿d 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 N￿AsSEr$ 119,2001 2,870 IL6,3301 38,286 FUPIOS Uniellricted fiJnd5 R*ricted fvnds TOTAL FiINDS 12 119,2001 125,1461 2,870 63.432 16,3301 38.286 Thefinancial statan￿t$wQre approved bythe Board ofTrusieesand authorised for is9Jeon 25 janu￿ 2025 and were*8ned on its behalf by.. Mosullivan -Trustee The notes lorn part ol those financ￿1 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