CROYDON REFUGEE COMMUNITY
REPORT AND ACCOUNTS PERIOD ENDED
31 MARCH 2021
ACCMAN & CO ACCOUNTANTS LONDON
CROYDON REFUGEE COMMUNITY
REPORT AND ACCOUNTS 2021
CONTENTS
| Page | |
|---|---|
| CRC's Information | 3 |
| Report of the Trustees/Directors | 4-5 |
| Independent Examiners' Report | 6 |
| Statement of financial activities | 7 |
| Balance Sheet | 8 |
| Notes to the Accounts | 9-10 |
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CROYDON REFUGEE COMMUNITY
REPORT AND ACCOUNTS 2021
CROYDON REFUGEE COMMUNITY’S INFORMATION
OLD NAME: CROYDON REFUGEE CENTRE REGISTERED CHARITY NO: 1187224 TRUSTEES: Zeinab NUH Chairperson Hortense MATOKO-M' FOUD CORRESPONDENT: 3 SADDLE MEWS CROYDON CR0 2FZ TELEPHONE: 07592943155 EMAIL: znuh@hotmail.com BANKS: BARCLAYS BANK PLC INDEPENDENT MAROOF ADEOYE MBA DChA FCIE MInstF EXAMINER: Registered Charity Independent Examiner ACCMAN & CO ACCOUNTANTS MAROOF SUITE, 30 UNION ROAD, CR0 2XU
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CROYDON REFUGEE COMMUNITY
REPORT OF THE CO-ORDINATING COMMITTEE
The trustees present their report for the period ended 31 March 2021.
Governing document
The charity is operated under the rules of its memorandum and articles incorporated 25 November 2019 as amended by certificate of incorporation on change of name dated 23 December 2019
Overall management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the memorandum and articles of association. Day to day project activity is managed and carried out by the trustees.
Charitable objects
The charity was established to benefit the public by advancing education and training; relief of sickness, unemployment and financial hardship amongst those seeking asylum and those granted refugee status particularly and their dependants living (temporarily or permanently) in the London borough of Croydon and the surrounding area, by the provision of vocational and skills training, advice and support, and facilities that will facilitate integration and understanding within the wider community and improve their conditions of life.
Summary of the main achievements during the period
During the period, demands for the charity’s services continued to grow in response to growth in public awareness of its aims and objectives and activities is carrying out for the benefit of the community.
Future Plan
The charity will continue to build on the progresses it has made so far and for the foreseeable future.
The Charity’s Policy on Reserves
Our trustees aim is to maintain a level of unrestricted reserves that will be sufficient to sustain the charitable expenditure for more than twelve months.
Risk Management
Our trustees have considered the major risks to which the charity is exposed and have reviewed those risks and established systems and procedures to manage those risks.
The trustees annually review the risks that the charity faces. To date these have mainly related to:
• Achievement of our aims and objectives; and
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- Meeting the expectations of our beneficiaries and supporters.
The trustees review these risks on an ongoing basis and satisfy themselves that adequate systems and procedures are in place to manage the risks identified.
Responsibilities of the Trustees
The Trustees is required to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the Croydon refugee community as at the balance sheet date of its incoming resources and resources for the period ended. In preparing those financial statements, the Trustees is required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting methods have been followed, subject to any material departures disclosed and explained in the financial statements
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prepare the financial statements on the going concern basis unless it is inappropriate to assume that the Croydon refugee community will continue on that basis.
The Trustees is responsible for keeping proper books of account such as are necessary to give a true and fair view of the Croydon refugee community’s state of affairs and to explain its financial transactions. The Croydon refugee community must also establish and maintain a satisfactory system of control of its book of account, its cash holdings and all its receipts and remittances, and hence is responsible for safeguarding the assets and taking reasonable steps for the prevention and detection of fraud and other irregularities.
Trustees Beneficial Interest
The members of the Trustees have no beneficial interest in the Croydon refugee community and are not remunerated. The members of the Trustees on the date this report was approved were as stated in the information page above.
Financial Statements
The financial statements for the period ended 31 March 2021 are presented in accordance with the Statement of Recommended Practice (SORP): “Accounting by Charities”. The overall financial performance recorded a net surplus in funds of £7,021 (2020 £Nil).
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees:
Zeinab NUH
Chairperson 31 January 2022
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Independent examiner’s report to the trustees of CROYDON REFUGEE COMMUNITY for the period ended 31 March 2021
I report on accounts of the charity, which are set out on pages 7 to 10.
Respective responsibilities of trustees and examiner
As described on page 4 the charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this period (under section 1444(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts (under section 145 of the 2011 Act;
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follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act; and
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state whether particular matters have come to my attention.
Basis of Independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The 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 the course of my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Maroof Adeoye MBA DChA FCIE MInstF
Registered Charity Independent Examiner Accman & Co Accountants Maroof Suite, 30 Union Road Croydon, Surrey. CR0 2XU
31 January 2022
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CROYDON REFUGEE COMMUNITY Statement of financial activities for the period ended 31 March 2021
| 2020 Unrestricted Funds £ Note £ Incoming resources Grants 2 Donations 500 Other Income Bank interest - Total incoming resources 500 Resources expended Staff Costs Rent Volunteer Expenses Mobile Data (online classes) Liability Insurance Laptops (ESOL students) Translating Covid-19 NHS guidance Food bank storage & delivery Refreshment (ESOL classes) Publicity & Evaluation Personal Protective Equipment (PPE) Legal & professional fees 300 Sundries 0 Total resources expended 300 - Net incoming/(outgoing) resources 200 Total funds brought forward - Total funds carried forward 200 |
Restricted Funds £ 34200 0 0 0 34200 12250 2000 2040 2800 400 3800 1300 860 960 662 308 - 27380 6821 - 6821 |
2021 Total Funds £ 34200 500 - - |
|---|---|---|
| 34700 | ||
| 12250 2000 2040 2800 400 3800 1300 860 960 662 308 300 - |
||
| 27680 | ||
| 7021 - |
||
| 7021 |
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CROYDON REFUGEE COMMUNITY Balance sheet at 31 March 2021
----- Start of picture text -----
2020 2021
£ Note £
Fixed assets
Tangible assets
Current assets
Debtors 0
Cash at bank and in hand 3 7321
0 total current assets 7321
Liabilities
Creditors:
0 amounts falling due within one year 4 300
0 Net current assets 7021
0 Total Net Assets 7021
The funds of the charity
0 Unrestricted income funds 5 500
- Restricted income funds 6521
0 Total funds 7021
----- End of picture text -----
The trustees declare that they have approved the accounts above.
Signed on behalf of the charity’s trustees:
Zeinab NUH Chairperson 31 January 2022
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CROYDON REFUGEE COMMUNITY Notes to the accounts for the period ended 31 March 2021
1. Accounting policies
Basis of the preparation of the accounts
These financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice (SORP revised 2005), and applicable accounting standards.
Incoming resources
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.
Resources expended
These have been analysed using a natural classification.
Fixed assets and depreciation
Tangible fixed assets costing more than £100 are capitalised and included at cost including any incidental expenses of acquisition.
Depreciation of furniture and equipment is written down using reducing balance method of depreciation over their estimated useful economic lives.
2. Grants
| 2020 Unrestricted Funds £ Note £ - Croydon Council - Awards for All - BBC Children in Need - Neighbourly Community Fund - Phoenix Fund - Resourcing Racial Justice 0 0 |
2021 Restricted Total Funds Funds £ £ 2300 2300 7500 7500 4000 4000 400 400 10000 10000 10000 10000 34200 34200 |
|---|---|
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3. Cash at Bank and in hand
2020 2021 £ £ Bank and Cash in hand Barclays Bank 6821 Cash in hand 500 0 7321 2020 2021 £ £ Current liabilities Accountancy 300 0 0 300
4. Creditors
5. Analysis of net assets by fund
| 5. | Analysis of net assets by fund | ||
|---|---|---|---|
| 6. | 2020 Unrestricted funds £ £ Net current assets - - Staff costs and numbers 2020 £ Wages & NI Pension 0 |
Restricted funds £ 6521 6521 |
2021 Total funds £ 6521 |
| 6521 | |||
| 2021 £ 12250 12250 |
|||
6. Staff costs and numbers
No employee received emoluments of more than £5,000.
The average weekly number of employees during the period was 3 (2020: Nil)
7. Taxation
CRC is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for charitable purposes.
8. Trustees’ remuneration, benefits and expenses
Trustees received no expenses or remuneration.
9. Related party transactions
No related party transactions
10. Independent examination and accountancy services
During the period, the cost of the examination and accountancy services was £300 (2020: £Nil).
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