CARING & SHARING ROCHDALE
ANNUAL REPORT 31st March 2023
Reg. Charity: [1185733]
Website: TEL: [0(1706) 868993]
Registered Address: 78 Norton Road Rochdale OL12 0BJ
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Caring and Sharing Rochdale
Company Information on 31 March 2023
Trustees:
Tinu Nicky Iginla Mr Olakunle Animashaun Ms Omolara Adenike Kolajo MS Felicia Fofo Nikol
Chairperson: Mr Olakunle Animashaun Registered Office: 78 Norton Road Rochdale OL12 0BJ Bankers: Barclays Bank 1 Yorkshire Street Rochdale OL16 1BH
Charity Number: 1185733
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Caring and Sharing Rochdale COMPANY NUMBER: 1185733
FINANCIAL STATEMENT FOR THE YEAR ENDED 31 March 2023
Accountants
Finance Prof Limited Accountants & Tax Consultants Unit 3b Ings Lane
Rochdale OL12 7LQ
REGISTERED OFFICE
78 Norton Road
Rochdale
OL12 0BJ
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Caring and Sharing Rochdale COMPANY NUMBER: 1185733
FINANCIAL STATEMENT FOR THE YEAR ENDED 31 March 2023
INDEX TO ACCOUNTS
| INDEX TO ACCOUNTS | |
|---|---|
| CONTENTS | PAGE NO |
| INDEPENDENT EXAMINAR'S REPORT……………………………………………………………. 2 | |
| REPORT OF THE DIRECTORS…………………………………………………………………………. 4 | |
| Achievement & Performance | ………………………………………………………………………… 5 |
| From the Chair of the board | ………………………………………………………………………… 6 |
| Financial Highlights | …………………………………………………………………………9 |
| Administrative Information’s | ………………………………………………………………………… 10 |
| Financial Review |
…………………………………………………………………….11 |
| Statement of financial activities ………………………………………………………………….. .13 | |
| Notes to financial statements | …………………………………….……………………………. 15 |
| Incomes |
…………………………………………………………………… 17 |
| Costs | ………………………………………………………………………18 |
| Transfers |
……………………………………………………………………… 16 |
| Debtors/Creditors |
……………………………………………………………………… 17 |
| Contingent Liabilities |
……………………………………………………………………. 19 |
| Takeaways |
……………………………………………………………………. 20 |
| Statement of Cash Flows | ……………………………………………………………………. 22 |
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The following pages do not form part of the statutory accounts:
Detailed Trading and Profit and Loss Account
Caring and sharing Rochdale Registered Charity No. 1185733
Annual report and financial statements for the year ended 31 March 2023
Independent examiner's report to the trustee of Caring and Sharing Rochdale
I report on the accounts of the company for the year ended 31 March 2023, which are set out on page 10 - 12.
Respective responsibilities of Trustee and examiner
The Trustees () are responsible for the preparation of the accounts. The Trustees ( ) consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for an independent examination, it is my responsibility to:
- Examine the accounts under section 144 of the 2011 Act
• To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5) of the 2011 Act: and
- •To state whether matters have come to my attention.
Basis of independent examiner's report
My examination was conducted in accordance with the General Direction set by the Charity Commission. An examination includes a review of the accounting records kept by the company and a comparison of the accounts presented with those records. The examination also includes consideration of any unusual items or disclosures in the accounts, in addition to seeking explanations from you as directors regarding such matters. These procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements: • to keep accounting records in accordance with section 386 of the Companies Act 2006; and • to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
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Timi Adebote
Consultant: BA (Hons), MSc, AAT, CIMA
Finance Prof Limited
Unit 3 Ings Lane
Rochdale
OL12 7LQ
Date: June 2022
Accounting policies
B asis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, the Statement of Recommended Practice "Accounting and Reporting by Charities" issued in March 2005 (SORP 2005) and the Charities Act 2011.
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Caring and sharing Rochdale Registered Charity No. 1185733
Annual report and financial statements for the year ended 31 March 2023
Trustees Report for the year ended 31 March 2021
The Trustees, present their annual report and independently examined financial statement for the year ended 31 March 2023.
Structure, Governance and Management
Charity Registered
Appointment of Trustees
The Trustees who served during the year, together with any changes up to the date of approving this report are listed on page 1.
Risk Management
The Trustee have undertaken a review of the major risks to which the company is exposed, and systems have been established to reduce those risks. Periodic reviews are made to ensure that the company continues to identify and mitigate any major risk that may arise. The Directors have identified no major risks now.
Objectives and Activities
The charity objectives are:
• To support and empower the BAME community, including Asylum Seekers and other disadvantaged groups in the community to train and render services for community integration. Empowering and mentoring the youths and celebrating the arts and cultures of the people in the community
• To be a specialist community development organisation for migrants and asylum seekers families in need of protection and access to services.
To help newly resettled immigrants and asylum seekers to integrate in the community, through signposting, ESOL classes, groups activities and events.
• to provide advice and support to people going through depression and mental illness in the BAME community. Providing high quality services for women, children and young people who have experienced or risk of male violence.
Increasing awareness of domestic violence and developing services contributing to research, debate, and policy initiatives to prevent it.
Increasing and developing effectiveness of resources through partnership, collaboration, and multi-agency action.
To end poverty through training workshops on money matters and raising awareness of available economic local opportunities and charity shops
Trustees / Directors Responsibilities
Company law requires the Directors to prepare financial statements for each financial year which gives a fair, clear and true view of the state of the company and the surplus or deficit of the company for that period. In preparing those financial statements the Directors have: -
- Selected suitable accounting policies and applied them consistently.
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• Made judgements and estimates that are reasonable and prudent.
• Stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.
- Prepared the financial statements on the going concern basis.
The Trustees are responsible for keeping records which reveal with realistic accuracy the financial position of the company at any time in addition to enabling them to ensure that the financial statements comply with the companies Act 2006. They are also responsible for safeguarding the assets for the Company and hence for taking steps for the prevention and detection of fraud and other irregularities.
As far as the Directors are aware:
• There is not relevant information of which the company's independent examiners are aware; and
• The directors have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the examiners are aware of that information.
Small Company Provisions
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
Charity Provisions The accounts comply with statutory requirements, the provisions of the governing document and the Statement of Recommended Practice for Charities issued in March 2005.
Approved by the Board and signed on its behalf by:
Signed by a Director ________
Print name Tinu Nicky Iginla
Dated ___
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Caring & Sharing Rochdale
Independent Examiner’s Report to the Trustees of Caring & Sharing Year ended 31[st] March 2023
Basis of independent examiner’s statement
I have reviewed the Caring & Sharing Rochdale Financial Statement for the year 2023. Regarding my review, no matter has come to my attention to suggest in any material respect the requirement:
-
To keep accounting records in accordance with section 130 of the 2011 Act
-
To prepare accounts which accord with the accounting records and comply with accounting requirement of the 2011 Act
I, therefore approved the accounts.
Finance Prof Limited
Accountant
Unit 3b, Caldershaw Business Park.
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| Statement of Financial activities | Statement of Financial activities | ||||
|---|---|---|---|---|---|
| Caring & Sharing 2022- 2023 | |||||
| For theyear ended 31st March 2023 | |||||
| Unrestricted | Restricted | Total Funds | Total funds 2022 |
||
| notes | Funds( £) | Funds( £) | 2023 | ||
| Incoming resources | |||||
| VoluntaryIncome | 2 | 120,045.34 £ |
120,045.34 £ |
90,286.43 £ |
|
| Activities forgeneratingfunds | 3 | - £ |
- £ |
||
| Other | 4 | - £ |
- £ |
||
| - £ |
|||||
| Total incoming resources | - £ |
120,045.34 £ |
120,045.34 £ |
90,286.43 £ |
|
| 70,293.43 £ |
|||||
| Resources expended | |||||
| Costs ofgeneratingfunds: | |||||
| Costs ofgeneratingvoluntaryact | i 5 |
41,626.76 £ |
41,626.76 £ |
||
| Charitable activities | 6 | 70,346.82 £ |
70,346.82 £ |
||
| Governance costs | 7 | - £ |
|||
| Sundryexpenses | 5,104.16 £ |
5,104.16 £ |
|||
| Total resources expended | - £ |
117,077.74 £ |
117,077.74 £ |
70,293.43 £ |
|
| Net(outgoing)/incoming resources | - £ |
2,967.60 £ |
2,967.60 £ |
19,993.00 £ |
|
| Transfert/Adjustment | - £ |
13,758.00 £ |
|||
| Total funds brought forward | 33,751.00 £ |
33,751.00 £ |
|||
| Total funds carried forward | - £ |
36,718.60 £ |
36,718.60 £ |
33,751.00 £ |
Signed on Behalf of the Charity:
……… Nicky Iginla ……28[th ] May 2023…
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| Statement of Financial activities | Statement of Financial activities | |||||
|---|---|---|---|---|---|---|
| Caring & Sharing 2022- 2023 | ||||||
| As at 31st March 2023 | ||||||
| Balance Sheet 31st March 2023 | 2023 | 2022 | ||||
| Notes | £ | £ | £ | £ | ||
| Fixed assets | ||||||
| Tangible assets | 11 | |||||
| Current assets | ||||||
| Debtors(Prepayment) | 12 | 12,244.39 £ |
3,821.00 £ |
|||
| Cash at bank | 26,905.00 £ |
30,940.00 £ |
||||
| 39,149.39 £ |
34,761.00 £ |
|||||
| Creditors: Amounts falling due | ||||||
| within oneyear/over oneyear | 13 | (2,430.79) £ |
(1,010.00) £ |
|||
| Net current assets/liabilities | 39,149.39 £ |
35,771.00 £ |
||||
| Total assets less current liabilities | 36,718.60 £ |
35,771.00 £ |
||||
| net assets | 36,718.60 £ |
35,771.00 £ |
||||
| Funds | ||||||
| Restricted income funds | 14 | 2,967.60 £ |
33,751.00 £ |
|||
| Unrestricted income funds | 15 | |||||
| Total funds carried forward | 33,751.00 £ |
|||||
| Total funds | 16 | 36,718.60 £ |
33,751.00 £ |
|||
| Financial statements approved by: | ||||||
| ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, | ,,,,,,,,,, | |||||
| Nicky Iginla |
……… Nicky Iginla ……28[th ] May 2023…
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NOTES TO FINANCIAL STATEMENTS
Caring & Sharing 2022- 2023 Annual Account Statement of Financial activities
notes2: Voluntary income
| Caring & Sharing 2022- 2023 Annual Account Statement of Financial activities notes2: Voluntary income |
||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total funds | |
| Funds( £) | Funds( £) | 2023 | 2022 | |
| Income receivable | £90,286.00 | |||
| ACTION TOGETHER | 4,496.04 | £4,496.04 | ||
| AMAZON EUROPE | 11.73 | £11.73 | ||
| BECOME UNITED | 285.00 | £285.00 | ||
| CARTWHEEL ART LTD | 500.00 | £500.00 | ||
| COMMUNITY | 1,520.00 | £1,520.00 | ||
| COMMUNITY: MHAPP MEETING | 1,650.00 | £1,650.00 | ||
| COMMUNITY: STRATEGIC WORK | 800.00 | £800.00 | ||
| COMMUNITY: STUDENT PLACEMAENT | 400.00 | £400.00 | ||
| COMMUNITY: USTAWI | 600.00 | £600.00 | ||
| COMMUNITY: MHAPP MEETING TIME | 250.00 | £250.00 | ||
| GOOD THINGS FOUNDATION | 6,900.00 | £6,900.00 | ||
| HOLDCRFT TG MOTOR LTD | 250.00 | £250.00 | ||
| LANKELLYCHASE | 1,125.00 | £1,125.00 | ||
| LOAN: ROCHDALE RESOURCE | 7,000.00 | £7,000.00 | ||
| LOCALGIVING LTD | 679.29 | £679.29 | ||
| MDF | 13,500.00 | £13,500.00 | ||
| MHAPP | 800.00 | £800.00 | ||
| NATIONAL LOTTERY GRANTS | 33,365.50 | £33,365.50 | ||
| REFUND | 20.00 | £20.00 | ||
| REFUND NORTON GRANGE | 100.00 | £100.00 |
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| REFUND: CURRYS REFUND: N IGINLA REFUND: ROCHDALE ONLINE LTD ROCHDALE BC SACHAK ZK: JUBILEE PARTY TENANTS UNION LTD TENIOLA N S: KODED KOLOURS THE NEIGHBOURLY WOMEN RESOURCE CE XE POS REFUND Total |
1,352.28 £1,352.28 1,000.00 £1,000.00 3,000.00 £3,000.00 37,143.50 £37,143.50 200.00 £200.00 1,000.00 £1,000.00 25.00 £25.00 1,000.00 £1,000.00 1,000.00 £1,000.00 72.00 £72.00 |
|---|---|
| £0.00 £120,045.34 £120,045.34 £90,286.00 |
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Caring & Sharing 2022- 2023 Annual Account Statement of Financial activities notes2: Charitable Expenditure
AFRICA PROJECT: 400.00 AFRICA T SHIRT: 288.00 ALARM: VERISURE 396.60 ALARM: VERISURE SERVICES 83.99 ALDI 198.03 AMAZON MARKET 1,254.61 ANWAR& CO 60.11 ARGOS 70.00 ARISE HOSTING LTD 73.00 ART AND CRAFT: 200.00 ASDA 215.90 BHM VOLUNTEER: 150.00 BIG LOTTERY: ACM SUPPORT SOLUTION 500.00 BIRCH WEST MWSA 50.40 CAR REPAIR: MAZDA 250.00 CARPET BARGAINS 747.00 CAR REPAIR: MAZDA 250.00 CARPET BARGAINS 747.00 Catering Cost 1,823.55 Others 109,319.55 Total Expenditure 117,077.74
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| Notes 12: Debtors | 2023 | ||
|---|---|---|---|
| Prepayment/Debtors | £ 12,244.39 | ||
| Notes 13: Creditors | |||
| Restricted | Total Funds | Total funds | |
| Other Creditors | Funds (£) | 2023 | 2022 |
| Accruals | £ 2,430.79 | £ 2,430.79 | £ 1,010 |
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