2025-03-31-accounts - The Caribbean Collective

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THE CARIBBEAN COLLECTIVE eonneLling and supportSng communltles In Lelcesler ANNUALREPORT 2024/2025

Agenda

Annual General Meeting

11 October 2025

Caribbean Court Day Centre Leicester 2pm to 4pm Your paragraph text

1. Welcome and introductions

2. Minutes of the last AGM (01/02/2025) and matters arising

3. Reports and accounts

Chairperson’s report
Treasurer’s report and accounts for the period ended 31 March 2025 (Full Financial Report is in a separate document)
Questions and Answers

4. Trustees

Election of Trustees

5. Caribbean Island Associations

representatives from various Caribbean associations will speak about their aims and work

6. Any Other Business

The Caribbean Collective

CHAIRPERSON'S REPORT

The Caribbean Collective (formerly Leicester Jamaica Community Service Group) has been serving the people of Leicester since the early 1970s. We exist to enhance the health and wellbeing of people aged over 50, particularly those of African and Caribbean heritage. We work in partnership with other groups and organisations to achieve this.

As it is Black history month, it is most fitting that we celebrate the achievements of the so named ‘Windrush Generation’, the pioneers that paved the way for the work we continue and work that we benefit from now. In particular, we recognise the founders and members of this organisation who arrived in this country from the Caribbean between the 1940s and 1970s. I salute those that have served and retired from the Board of Trustees, and those that are no longer with us.

Year 2024/2025 Overview

Once again, a year of great challenges has been met head-on by our small and dedicated staff team, volunteers, and trustees. All are highly committed and willing to go above and beyond expectations. Paid staff has been limited to: three Care Workers, one Driver, and one Passenger Support Worker. Cleaning, catering and finance roles are contracted out. We also have two project-based workers funded for a limited time by the National Lottery Community Fund – a Development Worker and a Volunteer Coordinator.

We still have insufficient funds to afford a Day Centre Coordinator, so that role is met by our very hands-on trustees who have appropriate levels of skills and experience between them. This arrangement is not ideal or sustainable in the long term. We will continue to seek funding to fill this position.

Day Centre and Satellite Activities

Day care attendance has been in line with our staffing compliment and space. There continues to be a trend towards service users with a higher level of dependency. With the help of volunteers, we have delivered a range of stimulating ‘in centre activities’ including arts and crafts, armchair exercise, bible sessions, cooking, dominoes and gardening.

With the support of New Testament Church of God, Shiloh Pentecostal Church and Highfields Community Association, trips and outings have continued throughout the year despite the limitations of our ailing minibus. Regular shopping trips, trips to green spaces and places of local interest have taken place. There have also been trips to Birmingham and to Skegness.

Caribbean Catchup (Bingo, Music, Quiz & Chat)

This began as an online alternative to attending the day centre during COVID times. It has continued ever since and provides a Zoom linkup between an open online group and those attending the daycentre on a Wednesday afternoon. It remains a good social opportunity for people who may be isolated due to health, mobility or circumstances such as being in residential care.

Seniors Day Dance

Developed and delivered in partnership with the African Caribbean Centre, The Exotics and other seniors’ groups. On the third Thursday of each month this music and dance event has continued to appeal to elders, seniors and others! There is no lower age limit. The timing and accessibility mean that people up to the age of 104 have attended as well as people from our community that are in residential care or have mobility challenges. The event is frequently attended by a group from Nottingham.

Christmas Celebration

This was planned in partnership with other community groups. It had to be moved to February 2025 due to the crowded nature of December events. This resulted in a sold-out event with over 100 guests and 20 volunteers. This success has paved the way for the event to return to December in future and the date of December 6th 2025 was booked straight away.

Elders Transport Fund and The Bus 100 Initiative

We were forced to scrap our unviable bus in March 2025 and we had to borrow and hire for a time. We are pleased to announce that as of 24th June 2025 we took delivery of a brand-new purpose-built bus. We had a soft launch date on 26th June for contributors before showcasing the 100% community funded bus at this year’s carnival.

Trustees examined a range of quotes and finance options before settling on the following option: hire purchase for a Citroen Relay Flexilite Minibus @ £46,221. Cash deposit of £6,221 and balance financed £40,000. Repayments are 60 months @ £823.00. Payments are made each month from the Elders Transport Fund, which consists of community donations.

Thanks to all those who work and support us with such energy and dedication. I would like to thank all our staff, volunteers, trustees and those that have assisted with donations. You continue to make our mission possible.

Our National Lottery Funded Projects

The National Lottery Heritage and Community Funds have enabled us to deliver a range of projects in-house and beyond.

The Livity Programmes (cognitive stimulation therapy) were delivered over 14 sessions with a total of 35 participants. Volunteer students from a local university were trained to support and then facilitate the programmes. Two programmes were delivered in our Day Centre, one in a care home and others in a local community centre.

The Digital Literacy work took place in several residential homes which accommodated people of Caribbean heritage. Volunteers were recruited from Juniper Training, together with students from DeMontfort University. The volunteers supported the residents to access our weekly on-line Caribbean Connect sessions. We found this to be an excellent way to reach out to Caribbean people who are often culturally isolated in care homes.

Our Community Wellbeing work has been in collaboration with the African Heritage Alliance. We have developed resources and opportunities for older people and collaborated on events addressing dementia, diabetes and hypertension together with weekly wellness sessions and an annual health and wellness event..

Intergenerational work

The Steel Pan sessions took place with our elders and school children aged 7-9 who learnt to play music together. This culminated in two assembly performances at the school. With another school, a virtual meeting was held between women who arrived in England during the 50s, 60s and 70s and school children. They shared their stories and lived experiences.

The Carry Back Project

This focused on documenting and celebrating the rich heritage of individuals aged 60 and above from Caribbean backgrounds residing in the UK. Young people were trained in oral history techniques and then they recorded interviews with the elders. Our approach to heritage preservation, combined with a strong focus on intergenerational dialogue and community engagement, made it a significant contribution to local cultural understanding and social cohesion. Furthermore, the project clearly brought immense enjoyment and a sense of validation to the older participants. They relished the opportunity to share their rich stories and have their heritage celebrated and documented.

The Caribbean Collective

TREASURER’S REPORT - FINANCIAL YEAR 2024/25

Overview

The 2024/25 year was marked by sector-wide cost pressures, notably the increase in the National Living Wage and Employer National Insurance contributions. These changes significantly raised our fixed operating costs, requiring careful financial management to sustain service delivery.

Income Summary

Pg5 - Service Sales – Increased from previous year: Higher sales revenue reflected strong demand for our core services and reaffirmed the value of our charitable work.

Pg 5 - Rental Income – Reduced from previous year: The apparent drop was due to the timing of overdue payments, several of which were received in the next financial year.

Pg 5 - Bank Interest – Reduced from previous year:

Lower interest income resulted from the strategic use of reserves to offset rising costs.

(continued on the next page)

Expenditure Summary

Despite external pressures, spending remained well controlled, with targeted investments in key areas.

Pg 8 Note 3 Staffing Costs - Salaries & NIC costs appeared lower than previous year but were offset by temporary contractor expenses during maternity and sickness leave cover. Minimum wage and NI increases remain ongoing challenges.

Pg 8 Note 3 Vehicle expenses - Significant savings achieved after decommissioning the old vehicle.

Pg 8 Note 3 Rent - Reduced payments reflected a correction of a prior-year overpayment to P A Housing.

Pg 8 Note 4 Fundraising - Strategic fundraising supported the successful replacement of the minibus, ensuring continued service mobility.

Pg 8 Note 4 Cleaning - These costs reduced from previous year as that year included extended deep cleaning of the complete kitchen extractor fan unit. Such extensive cleaning was not required this year.

Pg 8 Note 4 Administration - These costs reduced from previous year as we stopped using a sessional administrator

Conclusion & Outlook

Strong cost control and increased service income helped navigate a challenging financial year. Reserves were used prudently to maintain operations and invest in essential assets. The focus for 2025/26 will be to reduce contractor costs, rebuild reserves, and sustain steady income growth.

THE CARIBBEAN COLLECTIVE Statement of Flnanclal Actlvltlo8 for the Year Ended 318t March 2025 Nole$Jnrestrlcled R•8trlct•d 2025 2024 In¢ome & Expendltur• Incomlng Rosourc••: Sales National Lottery Grant Heritage Lottery Grant Rental Incomo Donations Bank Interest Other Income 170,114 170.114 35,776 9.500 13,200 149,642 35,810 35,776 9,500 13,200 15,660 209 975 209 975 789 4,940 Totsl Incomlng Resourcas 184.498 45,276 229,773 206,841 Re•our¢o• Expended: Direct Charitable Expenditure 154,593 50.702 205.295 170,497 Management & Administration 27,517 5,419 32.936 51,828 Publicity 2,829 Total Re8ourcos Exp•nd•d 183,079 56.121 239.199 224,954 Not Mov•m•nt In Fund• 1.419 (.10,845) {_9,428) (-18.1141 Fund balanc• brought forward 8.380 15,736 24,118 41,530 Fund balanee caffl•d fomard 9,799 4.891 14.690 23.416 The notes on pages 7 to 8 fom part of this finala1 statement page 5

THE CARIBBEAN COLLECTIVE

Balance Sheet for the Year Ended 31st March 2025

			2025	2024
	Notes
Fixed Assets
Tangible Fixed Assets
Current Assets
Debtors	6	200
Cash at Bank	7	14,490	24,116
		14,690	24,116
Current Liabilities
Creditors	5	700	700
Net Current Assets			14,690	23,416
Net Assets			14,690	23,416
Represented by
Unrestricted Income Funds
General Purposes Fund			9,799	7,680
Restricted Income Funds
National Lottery Grant			730	4,877
Heritage Lottery Grant			174
Dementia Program Board			3,987	10,859
Total Funds			14,690	23,416
The financial statements have been prepared under			the historical cost
convention, and follow the recommendations in Accounting and Reporting by
Charities: Statement of Recommended Practice issued on March 2005.

Approved and signed on behalf of the trustees by:

Signature.	Date	6th October 2025
Print Name: Derek Rawle
Position. Treasurer

The notes on pages 7 to 8 form part of this financial statement

THE CARIBBEAN COLLECTIVE Nots• to th• Flnancl#l Statemènt for the Year Ended 31st Mafch 2026 Unre•trict•d R••tri¢tsd Noto 3 Dlrn¢t Charltable Expondlture Salaries and NIC Pension Recruilmenl Sessional and Subcontractors Rent Rates Telephone and Inlemel Room Hire Equipmenl Hire Food Catering & Refreshments V8hIe Expenses Activities & Enlertainment Consullanls & Professional Fe Volunteers Travel & Expen8e$ 2026 2024 47,101 589 431 39,544 22.0 132 1,347 29.672 76,772 589 431 54,455 22,1)00 132 1,347 2,250 1,189 34.431 ,720 79,118 632 532 6.201 29,230 244 1,189 14.911 2,250 1.189 30.562 6.720 1,012 33,465 10,846 2,576 1,774 3,675 3,869 4.980 4.980 154.593 50,702 206,296 170.497 Noto 4 Managgrnont & Admlnlstrntlon Fundraising Expen8e8 l T Equipmont and Support Premi8e8 Mainl8nanc8 Cleaning Li¢on¢X and Sub8¢rlplion• Admini8lralion Training C08ts Printing, Post and Stallonery Insurance Travel & Transport Costs Development Fees Year End Accounts Bank Charg88 General Expon$88 6.845 2.149 317 5.911 6,845 2.149 317 5.911 1,491 288 8,978 583 100 321 1.120 27 583 100 321 1.120 2.939 6,295 134 1,131 15,568 2,571 700 174 13,295 2.912 7(KJ 326 8.934 700 326 11,441 2,507 27,517 0,419 32,936 61,628 Not• S Crndltor• Year End Accounts 7CWJ 7CM) 700 700 700 700 Note 6 Debtorn Employees Loan 2 200 200.. 21x1 1026 2,024 Not• 7 Bank A¢¢ounts Business Reserve Accounts Current Accounts 11.624 2.865 10.450 13.665 14490 24,116 page 8

OUR TRUSTEES

Albert Blake

Lesley-May O. Sanneh

Derek Rawle

Gloria Daley

Ivy Hamilton

Charmaine Blake

Michelle Lowe

Sandra Stanley

Lovona Brown

Gwen Cover

Sherenne Henry

Sharon Frederick

Our trustees are all unpaid volunteers who spend from 10 hours a month upwards helping to manage the organisation.

The Board of Trustees needs skills and experience in the following areas: financial management, income generation and enterprise

national and local government and statutory bodies – funding and quality marketing and publicity including digital strategies
care of the elderly
food operations
service delivery and customer care
human resource management
fund-raising
facilities management
health and safety and hygiene compliance
If you feel you can contribute do let us know by contacting the chairperson at: albert@caribcourt.uk

We provide services that enhance the health and wellbeing of those aged over 50 with particular emphasis on the African Caribbean heritage community. We have developed expertise about our elders and we understand their needs, aspirations and the challenges they face every day.

Caribbean Court Day Centre offers social, leisure and educational activities including exercise sessions, singing, dancing, workshops and outings. We are open five days per week from 10:00 am to 3 pm. We provide lunch, stimulating activities and other support services. We have introduced a program (Livity) based on Cognitive Stimulation Therapy (CST) which improves the health and wellbeing of those living with dementia. We pick up and drop off clients attending the Day Centre with our specially adapted minibus.

Caribbean Court Kitchen provides nutritious, delicious, freshly prepared Caribbean meals delivered direct to our customers' homes.

Caribbean Catch Up provides online gatherings involving games, quizzes, music and chat. This aims to reduce the risk of social isolation and loneliness.

Our services are monitored by Leicester City Council and we comply with their Quality Assurance Framework.

WAZOBIA - Caribbean

provisions

Contact us: and Fish 2 Door - Fresh fish info@caribcourt.uk deliveries 0116 298 2339 www.caribcourt.uk

Judith Brandon 24 Littleihorpe Will¢nhall Wood Coventry CV3 3GG Telephone. 024 76305057 Einail.. jbrandon28@aol THE CARIBBEAN COLLECTIVE Financial Statement for the Year Ended 31st March 2024 Registered Charity No. 1182669 (CIO Registration) CONTENTS PAGE Legal and Administrativ¢ TTUStees' Report 2to3 Examiners, Report Stat¢ment of Financial Activities Balance Sheet Notes to the Financtal Statement 7t08

THE CARIBBEAN COLLECTtVE Legal and Administrative Information for the Year Ended 31st March 2025 Address: Catibb¢an Court Day cltre 29 sp.keI}o¢.StreCI Leicester LE2 OTD Regiytered Cbarity No: 1182669 (CIO Registrfttioi)) Secretary: Lesl¢y-May Olonode Samieh Trusttes: Vin¢ei)t Blake- Chaiiperson Dek Rawle Gloiia Daley Hemia Hamilton Lesley-Nlay Oloiiode S&)neh Charmaine Blake Mi¢h¢lle Lowe Sandra Stanley Bankers: Unity Ttust plc Four Briiidleplace Birminghwn B12JB Independent Examiners: Judith Brandon 24 Littlethorpe Willenhall Wood Coventy CV3 3GG page I

THE CARIBBfi AN COLLII CTIVE Trustees, Report for th¢ Year Ended 31st Mareh 2025 'I'he trustccs prcs¢nt their annual report ulong with the financial statements. of the tiharity for the year ended 31st March 2025. The Tn]stecs have adopted thc piovisions of thc Stat¢mcnl of R¢¢onmiended Pru¢lice (SORP) 'AL'Louiiling dnd Reporting by Churities, issued in March 2005 in pr¢puring the annual report and financial stalen)ents. The financial statements have also beeii ptrparcd in acLvrdaiicc with the aLLounting poliGi¢s sel out on page 7 and Lomply with the charities constitution and applicablc accounting standards. IxiLc5ter Jamacia Community Service Group was rcgistcrcd as a CIO Registration Charity on 28111 March 2019 under number 1182669. The ¢on8titution dated 19th March 2019. All assets hav¢ now becn transfcrred On 2nd May 2022 thL charity ¢h8nged its name to The Caribbcan COlltIve and will continued to be rcr¢gistei'ed with the Charity Coinmission under Ihe number 1182669. Objects of the Ch¥rity l. To benefit the residents of the City of Leicesler and surrounding districts by providing facilities and service for i'ecreation, education and leisure-lime occupation of life of these residenl.s. These facilities and services will be provided withoul distinction of sex, sexual orientation, ra¢e (Trr or political, religious or oiher opinions. 2, Ihe relief of poverty kmd poor health amongst people resident in the City of Leicester dnd surrounding district by providing facilitics and s¢rvi¢es ¢alculated to rclicvc thc nccds of such persons. 3. The promotion of equality and dAversily for the public benefli by promoting activities to foster understanding between people frorn diverse backgrounds within the City of Leicester and sounding disth'icl.. Activilies The charity (also know as Cai'ibbean Court) provides seryiccs that enhanc¢ the h¢alth and wellbeing of those a8ed over SO, with parliculdr emphasis on the African/CaribbLan hLrilage community. Thc charity also promotes understanding of pcople from div¢rse backgrounds and diffcrcnt agcs by organizing cultural events. Oiir beneficiaries reside within Ihc City of I,eicester and surrounding district. Organisatio The tiiJste&s who have served during the year are set out on page l and meet on a regular b8sis. The trustees have ultimate control over all Ihe atfairs of the charity. Aehievement and Perfoi'mance The statement of finanLial adivities for the year is set out on page 5 of the financial statemcnts. In summary, the incoming rcsourccs for the y¢8r anioiint¢d lo £229,776 (2024 £206,841), with the majoi. portions ()f in¢ome Come from grants and sales. The expendilurc was £239,199 {2024 £224,954), with the Jnain expcnsc being salaries. #nd gjcneral runn&ng LOSts. Reserve Policy The Iruslees havc rcviewed the re$eS of the charity. This rcview cn¢ompassed the rbature of the incotne gnd ¢xpendilui'c sts'cams, thc ne¢ds lo match vuriable income with fixeil commitments and the naturc of the reserves page 2

THE CARIBBIAN COLLECTIVE Tru5tees' Report fur the Year Ended 31st March 2025 (Continued) Risk management The trustees ¢onducts its own review of major risks to which the Lentre is exposed. These pro¢ediires are pcriodically rcviewcd to cnsurc that tlicy still mcct th¢ needs ot th¢ chat'ity and are as follows.- an annual revi¢w of the risks which the charity may face. the #btablishment of systems and proLedures to milig?ate thosc i'isks idenlificil; thc implLmcntation of proccdurcs dcsigncd to minimisc any potmtial impact on the ¢harity should any of the risks materialise Trustees, respoDsibilitie8 in relation to the financial Statements Tlie law applicable to charities in England and Wales I'equire5 the tivstees to prepare financial slalements for financial year which .shows 8 true and lair view of the charities financial activilies during the ycai- and lo its financial position at Ihe year end. In preparing financial statement the Iruslees should follow best practice and.. select SLEilable accounling policies and ihen apply ¢onsistently' make judgment and estimat¢s that are reasonable and prudent. stale wheiher applicable accounting standllrds have been followed subject to 8ny Ihaterial departures di.gclosed and explained in the filncIal slalement. prepare the financial slatemenl on the going concein basis unless it is inappropriate to presume that ihe charity will continue in operation. Th¢ lruslees are responsible for malntalntng proper accounting records which disclose with i'easonable accuracy the financial po.8ition of ihe chgrity which enable them to en8Ulf that the rinancial 5talemenls comply wilh (he applicable ¢hai-ity rulings. The Iruslees are a150 responsible for safeguarding the a.8sets of the charity and hence for taking reasonable steps foi. the prevention and dele¢tion of fi'aud and other irregularities. Independent ExAminer Brandon Accountancy havc expressed their willingn¢ss to continue as examiners and a resolution for their re-appointment will be proposed at the forthcoming annual gener41 me¢ting. Approved a dsl onbe of the Trustees by.. 8.10-Id2f Print Name Position page 3

THE CARlllBEAN COLLECTIVE ndependent xaminers, report to the Trustees of The Caribbean Collective in respect of the year ended 31st March 2024 I iEport on the account for the year wTrd¢d 3 1st March 2024 set on pages 5 to 8. Respettivt responsibilitie5 of trustees and examiner Tlie chIty'S ttustees 'e i'esponsibl¢ foi. the prepw'alion of accounts, atjd cotisidei. that an audtl ts not reqllired for the year under Section 144 of the Charities Act 2011 and that an independent ¢xwninatioii is required. Haviiig checked that the cliarity is eligible for and independent examination, it is my responsibility to.. Exwniii¢ tli¢ a¢couIils wid. Seclioii 145 of the Charities Act to follow the procedures laid dowii in the genal Dll'eclion giv¢n by th¢ Cliarity Commission under Section 145 (5)(b) of the Chariti¢s Act 2011. to stal¢ wh¢ther any particular matters have come to my attention. Basis on the independent examAners' report My examination was ¢wi'ied out in accordance with the general Dii"ections given by the Charity Commission. The ¢xwnination iiicludes a review of Ilie accouiiting iwords k¢pt by th¢ ¢liarity and a colnp.1S0n of the accounts presented with thos¢ rordS. li also iiicludes consideration of any unusual items or disclosuiES in the ac¢ount% and seeking exp]jationS fi'oin yoii as hThslees coiicerning any sucb mattel's. Tlie pro¢edLU'es undertaken does iiot provide all tlie evidwice t11 would be required iii i audit, and consequently no opinion is giv1 as to wheiher the accoutits present a 'trne and fair, view and the i'epoit is limited lo thos¢ Jnatters s¢t out in tlie statements below. Independent examiner's statement In cojlliection with Iny examinatioll, no inatter has come to iny atteiition {oth&' than that disclosed below).. (l) which gives me reasonable cause to beli¢v¢ that, in wiy t))ata'ial i'espect, the i'equiremettt5.' to k¢q) accounting records in acCOrdl¢C with Section 130 of the Charities Act.. lo p]q)'e accouiits which accord wit& th¢ a¢couiiting recoi'ds and coinply with the accounting requii'ements of the i'evenanl Chartties Act liave bethi met.. or (2) to which, im my opinion. attention shoijld b¢ drawn in order to ¢nable a proper undei'standing of the accounts to be l'eached. Judith Bi'widon 24 Littleihoiye Willenhall Wood Coventy CV3 3GG 29th Septmber 2025 page 4

THE CARIBBEAN COLLECTIVE Statement of Flnanclal Actlvltles for tho Year Ended 31st March 2025 NotesJnr8¥tricted Restricted 2025 2024 Income & Exp8nditure Incoming Resources: Sales National Lott8ry Granl Heritage Lottery Grant Rental Income Donations Bank Interest other Income 170,114 170,114 35,776 9,500 13,200 149,642 35,810 35.776 9,500 13.200 15,660 209 975 209 975 789 4,940 Total Incoming Resources 184,498 45,276 229,773 206,841 Resources Expended: Direct Charitable Expenditure 154,593 50,702 205,295 170,497 Management & Administration 27,517 5,419 32,936 51,628 Publicity 969 2.829 Total Resources Expended 183,079 56,121 239,199 224,954 Net Movement in Funds 1.419 1_10,845) 1_9,4261 (-18,114) Fund balance brought forward 8,380 15,736 24,116 41,530 Fund balance ¢arrled forward 9,799 4,891 14,690 23,416 The notes on pages 7 to 8 form part of this financial statement page 5

THE CARIBBEAN COLLECTIVE Balance Sheet for the Year Ended 315t March 2025 2025 2024 Notgs Fixed A88et8 Tangible Fixed Assets Current As$et$ Debtors Cash at Bank 200 14,490 24,116 14,690 24,116 Current Llabllltles Creditors 700 Net Current Assets 14.690 23,416 Net Assets 14,690 Represented by.. Unrestricted Income Funds General Purposes Fund 9,799 7,680 Restricted Income Fund$ Natinal Lollery Grant Herilage Lollery Grant Dementia Program Board 730 174 3,987 4,877 10,859 Total Funds 14,690 23,416 Tho financial stslemenls have been prepared under the historical cost conventlon, and follow the recommendations in Accounting and Reporting by Charities.. Statement of Reeommended Pr8Cti issued on March 2005. Approved and signed on behalf of the trustees by.. Signature. 1-(0-2DLr Print Name Posltion The notes on pages 7 10 8 form part of this financial statement page 6

THE CARIBBEAN COLLECTIVE Notes to the Financial Statement for the Year Ended 31st March 2025 Note 1 Accountlng pollcies la) The financial statements have been prepared in accordance with the Statement of Recommended Pra¢li¢e {SORP) ' Accounting and Reporting by Charilies" published in March 2005 and other applicable accounting standards. Ib) Voluntary income is received by way of donations and gifts and include in full in the Slalemenl of Financial Activities when receivable. The value of services provided by volunteers has not been included. Icl Grants, including orants for the purchase of fixed assets, are recognised In full in the Slalemenl of Financial Activities in the year In whlch they are receivable. Idl Incoming resources from InveSthnIS is included when ceivable. le) Resources expended are recognised in the perlod in which they are incurred. Resources expended include allributable VAT which cannot be recovered. (fj Resources expensed are allocated lo the particular actlvity where the cost relates direclly to that activity. Igl Depreciation is provided at rates calculated to lte off the cost of each asset over its expected useful life. (h) Unrestricted funds are donations and other Incoming sOUrceS receivable or generated for the objects of the charily without further spe&fied purpose and are available as general funds. (i) Designated funds are unrestrlcled funds eam)arked by th6 management committee for Particular purposes. ti) Restricted funds are to be used for specific purposos as laid down by the donor. Expenditure which meets these criteria is Charged lo the fund, together with a fair 811ocalion of management and support costs. Note 2 Taxalion As a charity, The Caribbean Collective is exempt from Corporation Tax on income and gains falling within Section 505 of the Taxation and Chargeable Gains Act 1992 lo the extent Ihat these are applied to its charitable objects. page 7

THE CARIBBEAN COLLECTIVE Notes to the Flnanclal Statement for the Year Ended 31st March 2025 Unre8tr1cted Restrlcted 2025 2024 Note 3 Dtrect Charitable Expenditure Salaries and NIC Pension Recruitment Sessional and Subcontractors Rent Rates Telephone and Inlernel Room Hire Equipment Hire Food Catering & Refreshments VehicFe Expenses Activities & Entertainment Consullanls & Piofessional Fees Volunteers Travel & Expenses 47,101 589 431 39,544 22.000 132 1.347 29,672 76,772 589 431 54,455 22,000 132 1.347 2,250 1,189 34,431 6,720 79.118 632 532 6,201 29,230 244 1,189 14,911 2,250 1,189 30.562 6.720 1.012 33,469 10,846 2,576 1,774 3,675 3,869 4,980 4,980 154593 60.702 206,295 170,497 Note 4 Managem8nt & Admlnlstratlon Fundraising Expenses l T Equipment and Support Premlses Maintenance Cleaning Licence 8nd Subscrtpllon8 Administration Training Costs Printing. Post and Stationery Insurance Travel & Transport Costs Development Feas Year End Accounts Bank Charg88 General Expenses 6,845 2.149 317 5,911 184 583 100 321 1,120 27 6.845 2.149 317 5.911 1,491 288 8.978 583 100 321 1.120 2,939 6,295 1,004 134 1.131 15,566 2,571 700 174 13,295 2,912 700 326 8,934 700 326 11.441 2,507 27,517 5,419 32,936 51.628 Note 5 Creditors Year End Accounts 700 700 700 700 700 700 Note 6 Debtors Employe95 Loan 200 200 200.. 200 2,025 2,024 Note 7 Bank Accounts Business Reserve Accounts Current Accounts 11.624 2.865 10.450 13,665 14,490 24.116 page 8