## The Huddersfield African Caribbean Cultural Trust
Charity number 1188155
## Annual Report and Financial Statements
for the year ended 31 October 2022
The Huddersfield African Caribbean Cultural Trust
Annual Report and Financial Statements for the year ended 31 October 2022
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 3|
|Receipts and payments account|4|
|Statement of assets and liabilities|5|
|Notes to the accounts|6 to 7|
## **Prepared by West Yorkshire Community Accountancy Service CIO**
1
## The Huddersfield African Caribbean Cultural Trust
## Trustees' report for the year ended 31 October 2022
## **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**
Fay McIntosh Angela Phillip Matthew Cummings Treasurer Paige Phillip Raheem Lindsey Orvill Smith Michelle Welch Carlyn Ferreira Sara Dearnley Caroline Devonport Shelley Jordan Justin Buckle Lillalee Wright
Resigned 31 December 2021 Resigned 9th May 2023 Resigned 9th May 2023
Resigned 9th July 2021 Appointed 1st May 2023 Appointed 1st May 2023 Appointed 18th April 2023 Appointed 18th April 2023 Appointed 18th April 2023 Appointed 18th April 2023 Appointed 18th April 2023 Appointed 18th April 2023
**Charity number** 1188155 **Registered and 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
Registered in England and Wales
## **Accountants**
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a Charitable Incorporated Organisation (CIO) association formed on 20 February 2020 and is governed by a constitution.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are appointed by the members at the AGM.
2
## The Huddersfield African Caribbean Cultural Trust
## Trustees' report (continued) for the year ended 31 October 2022
## **The charity's objects**
1) 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.
2) 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.
In furtherance of this object but not otherwise, the trustees shall have power: to establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for the activities promoted by the charity in furtherance of the above objects.
3) To advance any purpose which is exclusively charitable according to the laws of England and Wales for the benefit of the public in Huddersfield and surrounding area by the provision of grants and funding to local charities as the trustees shall determine.
## **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**
Apart from gaining new hard working new members to help promote the organising and put on a successful family event at the local park through funding and sponsorship together with council attracting over 5000 people. Running workshops, musicians, DJ’s, Caribbean food stalls, arts and crafts, bouncy castle and various other activities. Looking forward to making it bigger and better for next year, with a new enthusiasm from the community.
## **Financial review**
The net payments for the year were £6,831, including net payments of £2,816 on unrestricted funds and net payments of £4,015 on restricted funds after transfers.
## **Reserves policy**
The charity's free reserves, at the year end were £14,710.
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.
Approved by the board of trustees on 12/09/2023
Sara Dearnley (Trustee)
3
## The Huddersfield African Caribbean Cultural Trust
## Receipts and payments account for the year ended 31 October 2022
|Notes
2022
Unrestricted
funds
£
**Receipts**
Grants and donations
(2)
78
Carnival and bar takings
1,640
Fundraising
553
-
**Total receipts**
2,271
**Payments**
Rent, rates insurance and licences
553
Telephone, internet, postage and stationery
895
Accounts and independent examination
780
Carnival event costs
59
Publicity and advertising
44
Utilities
602
Costumes, artistes and compares-carnival
-
Carnival security
-
Freelance workers and tutors
-
Repairs and maintenance
-
Transport
1,585
Equipment
429
Equipment hire
-
Subscriptions
-
Grant repayment
-
Fundraising
-
Sundry expenses
140
Volunteer expenses
-
**Total payments**
5,087
**Net receipts / (payments)**
(2,816)
**Fund balances brought forward**
17,526
**Fund balances carried forward**
(3)
14,710
Transfer from Huddersfield African Caribbean
Cultural Trust charity|2022
Restricted
funds
£
16,000
-
258
-
16,258
179
523
-
7,772
870
-
8,202
5
-
24
20
100
1,775
-
-
403
-
400
20,273
(4,015)
16,467
12,452|2022
Total
funds
£
16,078
1,640
811
-
18,529
732
1,418
780
7,831
914
602
8,202
5
-
24
1,605
529
1,775
-
-
403
140
400
25,360
(6,831)
33,993
27,162|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|
|---|---|---|---|
4
## The Huddersfield African Caribbean Cultural Trust Statement of assets and liabilities
|as at 31 October 2022
2022
Unrestricted
£
**Cash funds**
Cash at bank
14,667
Cash in hand
43
**Total cash funds**
14,710|2022
Restricted
£
12,452
-
12,452|2022
Total
£
27,119
43
27,162|2021
Total
£
33,938
55
33,993|
|---|---|---|---|
|**Assets retained for the charity's own use**
Fixtures and fittings
Equipment
**Liabilities**
Accruals|2022
£
600
600|
|---|---|
The financial statements were approved by the board of trustees on 12/09/2023
Sara Dearnley (Trustee)
5
## The Huddersfield African Caribbean Cultural Trust
## Notes to the accounts
for the year ended 31 October 2022
## **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.
6
## The Huddersfield African Caribbean Cultural Trust
## Notes to the accounts continued
## for the year ended 31 October 2022
|**2 Grants and donations**
Kirklees Council (2)
Windrush
Other donations
**3 Restricted funds**
Arts Council England
Kirklees Council (2)
Kirklees Council (3)
Windrush|Balance b/f
£
3,774
10,709
1,984
-
16,467|2022
Unrestricted
funds
£
-
-
78
78
Incoming
£
258
3,000
-
13,000
16,258|2022
Restricted
funds
£
3,000
13,000
-
16,000
Outgoing
£
3,021
11,968
4,497
787
20,273|2022
Total
funds
£
3,000
13,000
78
16,078
Transfers
£
622
426
(1,048)
-
-|2021
Total
funds
£
-
-
20
20
Balance c/f
£
1,633
2,167
(3,561)
12,213
12,452|
|---|---|---|---|---|---|
## **Fund name**
## **Purpose of restriction**
Arts Council England Towards the Keep the Vibe Alive project. Kirklees Council (2) Towards the Kirklees Year of Music. Kirklees Council (3) Towards the Huddersfield High Street Heritage Action Zone. Further funding will be received following the year end for this project. Windrush Towards the Windrush Legacy Steelpan Project.
The transfers relate to a correction to the allocation of costs between funds in the previous year.
## **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.
7