The Huddersfield African Caribbean Cultural Trust
Charity number 1188155
Annual Report and Financial Statements
for the year ended 31 October 2021
The Huddersfield African Caribbean Cultural Trust
Annual Report and Financial Statements for the year ended 31 October 2021
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Examiner's report | 4 |
| Receipts and payments account | 5 |
| Statement of assets and liabilities | 6 |
| Notes to the accounts | 7 to 8 |
Prepared by West Yorkshire Community Accountancy Service CIO
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The Huddersfield African Caribbean Cultural Trust
Trustees' report for the year ended 31 October 2021
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates
Position Dates Fay McIntosh Resigned 31 December 2021 Angela Phillip Matthew Cummings Treasurer Paige Phillip Raheem Lindsey Resigned during the year
Charity number
The CIO was registered with the Charity Commission for England and Wales, number 1188155, on 20 February 2020.
Principal address
Bankers
Unit 28 Gatehouse Enterprise Center The Royal Bank of Scotland Albert Street 27 Market Place Lockwood Huddersfield Huddersfield HD1 2AD HD1 3QD
E J Beverley FCCA
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The CIO is governed by an Association model constitution adopted on 20 February 2020.
On 20th August 2021 the charity Huddersfield African Caribbean Cultural Trust (number 1129873) transferred its assets and liabilities to this CIO.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by the members at the AGM.
The charity's objects
To further or benefit the residents of Huddersfield and the neighbourhood, without distinction of sex, sexual orientation, race, disability, age or of political, religious, or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for the residents.
To advance, promote, encourage and develop appreciation of and participation in African-Caribbean culture including Carnival and street arts, their traditions, music and crafts in particular but not exclusively through the provision of arts workshops, activities and events throughout the year and by the promotion and organisation of an annual carnival in Huddersfield in the interest of social welfare with the object of improving the condition of life for the local residents.
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The Huddersfield African Caribbean Cultural Trust
Trustees' report (continued) for the year ended 31 October 2021
Objectives and activities (continued)
The charity's main activities
Our activities are based around the promotion, advancement and the development of appreciation of AfricanCaribbean culture and the promotion and organisation of the annual Caribbean Carnival.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of African Caribbean arts and culture and the advancement of social welfare with the object of improving the condition of life of the local inhabitants.
Achievements and performance
This year we successfully gained funding to commission a Carnival Arts Practitioner to design and help create a large showcase costume and mas band costumes based on the theme of Rugby League to compliment the Rugby world cup and Huddersfield as the birthplace of Rugby. The Mas band costumes were showcased on several occasions at events within the town centre and at a Giants Rugby match at the John Smith’s Stadium. The showcase costume entered the Leeds Carnival King and Queen Competition held at Leeds Playhouse. This project involved costume making workshops open to the public. We held a Make Along Mas workshop for children to create their own headpieces, packs were also sold along with a video link to make along at home. The organisation also held its second successful online carnival through the zoom platform.
Financial review
The net receipts for the year were £33,993, including net receipts of £17,526 on unrestricted funds and net receipts of £16,467 on restricted funds.
The coronavirus still managed to have an effect on the organisation for delivering activities throughout the year as a whole, but we continued to work hard for the objectives we have set out. The organisation has managed to secure funding and grants from the Arts Council, Local organisations and Kirklees Council for projects that we have set out.
The trustees have reassessed the charity’s ability to continue for at least 12 months from the date that the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity's ability to meet its liabilities as they fall due.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £17,526.
We have a reserves policy to hold a minimum of £9,000 to cover rent, utility and insurance costs. Any reserves above this will go towards future carnivals. This policy is to be reviewed regularly considering the available funds in the account.
Signed on behalf of the board of trustees on 01/09/2022
Angela Philip (Trustee)
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The Huddersfield African Caribbean Cultural Trust
Independent examiner's report to the trustees of The Huddersfield African Caribbean Cultural Trust
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 October 2021, which are set out on pages 5 to 8.
Responsibilities and basis of report
As the charity trustees of the CIO 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 CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
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 CIO as required by section 130 of the Act; or 2 the accounts do not accord with those records.
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.
E J Beverley FCCA
02/09/2022
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
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The Huddersfield African Caribbean Cultural Trust
Receipts and payments account for the year ended 31 October 2021
| Notes 2021 Unrestricted funds £ Receipts Donations 20 Fundraising 136 18,272 Total receipts 18,428 Payments Rent, rates insurance and licences 582 Telephone, internet, postage and stationery 107 Carnival event costs 23 Utilities 90 Costumes, artistes and compares-carnival 48 Freelance workers and tutors - Repairs and maintenance 6 Transport 30 Subscriptions 16 Grant repayment - Total payments 902 Net movement in funds after transfers 17,526 Fund balances brought forward - Fund balances carried forward (2) 17,526 Transfer from Huddersfield African Caribbean Cultural Trust charity |
2021 Restricted funds £ - - 19,337 19,337 - 4 62 - 294 604 32 174 - 1,700 2,870 16,467 - 16,467 |
2021 Total funds £ 20 136 37,609 37,765 582 111 85 90 342 604 38 204 16 1,700 3,772 33,993 - 33,993 |
24 Feb 2020 to 31 Oct 2020 Total funds £ - - - - - - - - - - - - - - - - - - |
|---|---|---|---|
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The Huddersfield African Caribbean Cultural Trust
Statement of assets and liabilities
| as at 31 October 2021 2021 Unrestricted £ Cash funds Cash at bank 17,471 Cash in hand 55 Total cash funds 17,526 Other monetary assets Rent prepaid Assets retained for the charity's own use Fixtures and fittings Equipment Liabilities Accounts preparation (for charity and CIO) |
2021 Restricted £ 16,467 - 16,467 |
2021 Total £ 33,938 55 33,993 £ 582 582 £ 780 780 |
2020 Total £ - - - |
|---|---|---|---|
Approval of the accounts
The financial statements were approved by the board of trustees on 01/09/2022
Angela Philip (Trustee)
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The Huddersfield African Caribbean Cultural Trust
Notes to the accounts
for the year ended 31 October 2021
1 Accounting policies
Basis of accounting
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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The Huddersfield African Caribbean Cultural Trust
Notes to the accounts continued
for the year ended 31 October 2021
| Restricted funds Kirklees Council Kirklees Council (2) Kirklees Council (3) Arts Council England |
Balance b/f £ - - - - - |
Incoming £ 1,700 10,853 2,287 4,497 19,337 |
Outgoing £ 1,700 144 303 723 2,870 |
Transfers £ - - - - - |
Balance c/f £ - 10,709 1,984 3,774 16,467 |
|---|---|---|---|---|---|
2 Restricted funds
Fund name Purpose of restriction
Kirklees Council Towards the consultation process around the asset transfer of Fartown Village Hall. This balance was repaid to Kirklees council during the year. Kirklees Council (2) Towards the Kirklees Year of Music. Kirklees Council (3) Towards the Huddersfield High Street Heritage Action Zone. Arts Council England Towards the Keep the Vibe Alive project.
3 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
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