Registered Charity Number: 1192493 REPORT OF THE DIREcfoRS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 FOR COMMUNITY TRANSFORMERS EMPOWERMENT SERVICES (aka COMTRANES) CONTENTS PAGE NO. COMPANY & CHARITY INFORMATION DIRECTORS, REPORT INDEPENDENT EXAMINER'S REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE FINANCIAL STATEMENTS 10-14 COMMUNITY TRANSFORMERS EMPOWERMENT SERVICES COMPANY & CHARITY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2021 DIRECTORS I TRUSTEES: Mrs Eulalee Reid Ichairl (Appointed 16 March 20201 Mr Roop Chander IAppointed 16 March 20201 Mr Prince John Emmanuel (Appointed 16 March 20201 Mr Praise King (Appointed 16 March 20201 Mr Nnamdi Henry Uduh (Appointed 16 March 20201 COMPANY SECRETARY Mr Nnamdi Henry Uduh REGISTERED OFFICE: 78 Walsall Street Wolverhampton West Midlands WVI 3LP REGISTERED CHARITY NUMBER . 1192493 INDEPENDENT EXAMINER: Amoeba Associate5 Ltd Derwent House Broad Street Kingswinford West Midlands DY6 9LP COMMUNITYTRAN5FORMERS EMPOWERMENT5ERVICE5 REPORTOF THE DIRECTORS FOR THE YEAR ENDED 31 DECEMBER202J The directors, who arÈ also trustees for the purposes of the Charity Act, present their annual report and indÈpÈndently reviewed Financial Statements for the year ended 30 November 2021. STRUCTURE. GOVERNANCE AND MANAGEMENT The Charity is constituted as 3 Charitable Incorporated Org3nisation. The Trustees deem the company is not subject to Corporation Tax. The organisation 15 controlled by its governing docurnent, 35 registered on the 23rd November 2020. The trustee5 have a duty to identify and review the risks to which the charitv 15 exposed 3nd to ensure appropriate controls are in place to provide reasonable assurance aB3inst fraud and error. The trustee5 set the overall policy and direction of the organisation. They have a wide range of skills and experience in Community mobilisation, Christian ministry, and management in the public, private and voluntary sectors. OBJECTS AND ACTIVITY Community Transformers Ernpowerment Services ICOMTRANESI was established.. l. To promote for the benefit of the inhabitants of Wolverhampton and the surrounding areas Wlthout distinction of sex. sexual orientation, race, or of politiczl, religious, or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organi5atlQnS in effort to adv3nce educ3tion and to provide facilitie5 in the interests of soci31 welfare for recreation and other leisure time occupations with the objects of improving the conditions of life of the said inhabitants. 2. Establish or secure the est3blishment of a community centre Iherein3fter called.the centre'l and to m8intain and manage the sarne (whether alone or in co-operation with any local authority or person or body) in furtherance of these objectives 3. Support such other general charitable purposes as the trustees may from time-to-time determine. PUBLIC BENEFIT In developing activities and deliverin8 service5, the Trustees have taken account of the guidance on publi£ benefit published by the Charities Commission. All of the group's activities are forpublic benefit. No member of the organisation, including the Trustee5, receives anv financial benefit from their involvement with the org3ni53tion. STRATEGIE5 FOR ACHIEVING OBJECTIVES The charity has adopted the strategies below aimed at achieving its objectives.. o The promotion of mental health and holistic wellbeing through weekly support activities, counselling,. etc o Org3ni53tion of community BBQS, conferences, outdoor 3Ctivities and community cohesion events aimed at promoting racial equality, diver51ty and inclusion. o Organisation of thricÈ wÈekly community fitness activities likÈ walking, cycling, 5 8 sidÈ football matches, and low contact sports. o Support for other Charities., o Support and assistance to individuals. ACTIVITIES FOR CARRYING OUT OBJECTIVES o Provision of a 50up kitchen& foodbènk,. o Food parcel dÈliveri@s & Clothing bank,. o Provision of Business, employability and social skills training for youths. and miBrants. o Provision of welfare support to individuals,- o Provision of support to other charities. o Provi5i0n of health and fitness artivities like cyclingi Dance4fitne55, walkin& et¢., o ConfÈrencÈs, workshops and Community Cohesion events.. o Provision of a free Community space or centre., o Provision of after school clubs and youth activities. VOLUNTEERS The Charity is gratèful for the efforts and support of its volunteers who arÈ involved in the servicÈ delivery. During the financial year, an estimated minimum of 10.140 volunteer hours165 volunteers x 3hrs per week x 52 weeksl were provided. When valued at £10 per hour, the effort5 of the volunteers amount to £101,400. During thi5 very difficult tirne for members of our community, the Charity is appreciative for the huge sacrifice made by our volunteers. They are contributing immensely in meeting the ever-in¢reasing demand on our services due to the effects of COVID-19. ACHIEVEMENT5 AND PERFORMANCE INovember 2020- December 20211 With CQVID-19 stlll ravaging the Ilves of so many In our tommunity and natlon, thls finantlal year has proved to be yet another difficulty year for everyone, p8rticularly for members of our community. Many have lost theirjobs, families. and health. There ha5 been a very sharp increase in ca5e5 01 mental health issues In the comrnunity that is linked directly to thÈ effects of COVID-Ig. As Chairperson it is with mixed feelings that I present this report to our Supporters, service users and the public. It shows some of our achievements over the past 12 months, particularly in m@Èting the evÈr-increasing needs of those who are most affected by the Covid-19 Pandemic. This report also cont3ins some insight into the organisation's vision for the future. In the year under review, COMTRANES engaged in various Community based welfare, educational, health and fitness, and community building activities for the benefit of its members and the general public. COMTRANES has experienced trÈmendous growth and made significant contributions to boththe MÈntal, Emotional. Social, Financial, Physic31, and family lives of members of the public in and around its area of operation. The org8nis8tion continue5 to expand its service provision to the public every week, particularly in 3lleviating the pain and h3rdship OCC3sioned by Covid-19, and other issues like racial and economic equality, diversity. inclusion and equal opportunities COMTRANES continues to organise a host of socially distanced programmes and Covid-19 compliant activities for the public benefit which are focused on alleviating the Suffering caused by the pandemic, promotlng community cohesion, thÈ rÈlief of poverty. skills training, community enEagÈment, fitness and youth activities. Most of the activitiÈs are still online. the charity is gradually returning to some in-person activities, following government Euidelines. Specifically. some of the activities included.. l. The18unch of a new three weekly cycling club with the purchase 10 bicycles. 2. Soup Kitchen 3nd Food Bank a. Number of unique individuals served with hot meals monthly.. 650 b. Total number of Food Parcels delivered to homes.. 3,120160 x $2wksl c. It Is estimated that a total nurnber of 25,970 rneals were served by the Soup Kitchen and foodbank thi5 financial year. 3. Online Physical fitness activities. 4. Online Youth events including empowerment Seminars, and sport activitie5 designed to keep the youths active and fit. S. Zoom seminars and workshops aimed are getting people back to work 6. The charity also provided material and financial assistance to individuals in the need, p8rticularly to new arrivals and those hard hit bythe pandernic. 7. The charity started a new Covid 19 complaint support groups, to address issues of loneliness, isolation and depression. FINANCIAL REVIEW The organisation is funded generally from donated funds for non-specific purposes, from its members and attendees. These funds are retained in bank accounts held in the UK and are treated as Unrestricted Funds, except when funds are meant for a specific project. In recognition of the great work our volunteers are carrying out in the community, the Charity received unrestricted funds of £33, 851.33. Overall, 2020- 2021 was a ¢hallenginE year finan¢ially. The charity is therefore grateful for the funding received. In line with the recornrnendations of the Charity Comrnission, the trustees have adopted a policy on the holding of reserves. The Trustees are seeking to 8chieve reserves 8mounting to six months, running costs. This amounts to around £12,000 for the reported year. They endeavour to work towards achieving this level over the next few years. The Trustees are empowered to invest monies of the Charity not immediately required for the furtherance of Its objects in or upon such investments, securities or property as may be thought fit. nevertheless subject to such conditions lif any) and such consents lif any) 45 May for the time being be imposed or required by law. STATEMENT OF DIRECTORS, RESPONSIBILITIES The trusteÈs are requlred under UK Company law to prepare flnancial statements for Èath finantlal year, which givÈ a true and fair view of the company's financial activities during the year and of its financial position at the end of the year. In preparin8 those financial 5tatementS, the directors are required to.. al select suitable accounting policies and apply them consistently,. bl make judgements and estimates that are reasonable and prudent., cl state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departure5 disclosed and explained in the financial statements,. dl prepare the financial statements on a going concern basis unless it is inappropriate to presume that the company will continue in operation. The directors are responsible for keeping accounting records, which disclose with reasonable accuracy the financial position of the company and which enable them to ensure that the financial statements comply with applicable law and regulatiOn5. They are also responsible for safeguarding the a55et5 of the cornpany and hence for taking reasonable 5tep5 for the prevention and detection of fraud and other irregularities. The directors have identified the major risks to which the charity are exposed and have put adopted suitable mechanisms to manage those risk5. This report has bèen prÈpared in atcordantè with thÈ spècial provisions of thÈ Companies Act 2006 applicable to companies subject to the Small Companies regime. APPROVAL Thi5 report Was approved by the directors on. 28/02/2022 and signed on their beh31f-. Mr Nnamdi Henry Uduh, Trustee ## **REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF** ## **COMMUNITY TRANSFORMERS EMPOWERMENT SERVICES** I report on the accounts of the Charity for the year ended 31 December 2020, which are set out on pages 3-6 and 8-14. ## **Respective responsibilities of Trustees and Examiner** As the Charity's trustees you are responsible for preparation of the accounts; you consider that the an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies’ regime and in accordance with FRS102 SORP It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general directions given by the Charity Commission under - section 145 (5)(b) of the Charities Act and - to state whether particular matters have come to my attention ## **Basis of Independent Examiners statement** My examination was carried out in accordance with general directions given by the Charity Commission. 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. ## **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 130 of the Charities Act; and - To prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mr Mills, EMB Amoeba Associates Ltd Derwent House Broad Street Kingswinford DY6 9LP Date : 28/02/2022 7 COMMUNITYTRANSFORMERS EMPOWERMENT SERVICES Statement of Financial ktivities lincorporating an Income and Expenditure kcountl forthe year ended 31 DÈcÈmber 2021 2021 Total Funds 2020 Total Funds Unrestrlrted Funds Deslgnated Funds Restrlcted Funds Notes INCOMING RESOURCES: Incomlng Resources from generated funds Don?tions & Legacies InvÈstmÈnt income Incomlng Resources from charttable actl¥ttles Grant Income 33,851 33,851 Other Intorning Resourtes other Income Total Incomlng Resources 33,851 33.851 RESOURCES EXPENDED.. Charitable Actiwties 4,128 250 4,128 250 Governance C05t5 Other Resources ExpÈndÈd Total Resources Expended 1,900 1.900 6,278 6.278 NET INCOMINGIIOUTGOINGI RESOURCES before transfers 27,573 27,573 Transfers between funds Net In¢ominEIIOutEoingl resources 27,573 27,573 RECONCILIATION OF FUNDS Total funds bought forward TOTAL FUND5 CARRIED FORWARD 27,573 27,573 The statement of financial activitie5 also complie5 with the requirement5 for 3n income and expenditure account under the Companies Act 2006. None of the charity's activities were started or discontinued during the current or previou5 year and all operation5 continuÈ. There are no recognised g3ins or105ses other than those p3ssing through the income and expenditure 3ccount. COMMUNITY TRANSFORMERS EMPOWERMENT SERVICES Balance Sheet a5 at 31 December 2021 Notes At 31 Dec At 31 Dec 2021 2020 FIXEO A55ET5 Tangible 16,035 CURRENT ASSETS Debtors & prepayments Cash at bank and in hand io 11.788 11.788 CREDITORS Amounts falling due within one year li 250 CURRENT ASS￿5 11,538 TOTAL ASSETS LESS CURRENT LIABILITIES 27,573 CREDITORS Amounts falling due after more than one year NET ASSETS 27,573 FUND5 Restricted fund5 12 Unrestricted funds Designated funds 27.573 TOTAL FUNDS 27.573 For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Director's responsibilities The members have not required the company to obtain an audit of its accounts for the year in question in ac¢ord8nce with section 476 of the Companies Act 2006. The director5 acknowledge their re5pon5ibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 2/28/2022 The accounts were approved by the Board on ............... Mr Nnamdi Henry Uduh, Trustee The notes form part of the financial statements COMMUNITY TRANSFORMERS EMPOWERMENT SERVICES Notes to the Financial statements for the year ended 31 December 2021 Note I ACCOUNTING POUCIES Accounting Convention The financial statements have been prepared under the historical cost convention and in accordance with the Financial reporting Standard for Smaller Entities leffective April 20081, the Companie5 Act 2006 and the requirements of the Statement of Recommended Practice. Accounting and Reporting by Charities. Financial Reporting Standard Number I Exemption has been taken from preparing a cashflow statement on the grounds that the companv qualifies as a small company. Tangible flxed assets Depreciation is provided at the following annu21 rates in order to write off each asset over its estimated useful life Vehicle Equipment (Bikes, etcl IO% per annum on the Straight line method 20% per 3nnum on the Straight line method Incoming Resources All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Restricted incoming resources in respect of capital expenditure are carried forward as deferred capital grants and released to the fund account to match the depreciation charges. Resources Expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all the Costs relatèd to the Category. Whère costs cannot bè dirÈttly attributable to particular heading5 they have been allocated to activitie5 on a basis consistent with the use of resources. Taxation The charity is exempt from corporation tax on its charitable activities Fund A¢counting Unrestricted Funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for the particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when the funds are raised for a particular restricted purpose. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. io COMMUNITY TRANSFORMERS EMPOWERMENT SERVICES Notes to the Financial statements for the year ended 31 December 2021 Note 2 Donations & Legacies 2021 2020 Donations Fundraising Events Subscriptions are received from service users in 2020121 3 Investment income Unrestricted funds Restricted funds Total 2021 Total 2020 Interest receivable 4 Incoming Resources from charitable activities Unrestricted funds Restricted funds Total 2021 Total 2020 Oasis of Love Int'l Centre IOLICI Lloyd5 Bank Foundation 33,351 500 33,351 500 33,851 33.851 5 Other incoming resources 2021 2020 Other income lincl.Gift Aid & Insurance claims) li COMMUNITYTRANSFORMERS EMPOWERMENT SERVICES Notes to the Flnantlal statements for the year ended 31 December 2021 Note 6 Total resources expended Total 2020 Staff costs Depreciation Other ¢osts Total 2021 Costs of generating funds Fundraising & publicity Charitable expenditure Direct Project Costs Staff & Volunteer Costs Vehicle Costs Premises Costs Legal & Professional Costs Administration Cost5 Costs in furtherance of charity's objects 613 3,543 186 399 4,IS6 186 1,686 1,287 1,900 4,128 6,028 Management and administration 250 250 250 250 1,900 4,378 6,278 Management and administration costs include payments to the Independent Reviewer of £25012020- £0) for fee5. 7 Trustees During the year, no remuneration for services was paid to any Trustee. Volunteer expenses were paid or were payable, directly or indirectly, out of funds of the charity. No other amounts were payable to any person or persons known to be connected with them or the Charity. 8 Employees 2021 Number 2020 Number The average monthly number of employees during the year was Activities in furtherance of organisation's objects Management & Administration Employment cost5 WaÉes and salaries Social security costs Pension costs There were no employees whose annual emoluments were £60.000 or more 12 COMMUNITY TRANSFORMERS EMPOWERMENT SERVICES Notes to the Financial statements for the year ended 31 December 2021 Note Vehlcle other Unrestricted Unrestricted Funds Funds Restricted Funds 9 TANGIBLE FIXED ASSETS Total Cost At 31 December 2020 Additions 14,370 3.565 17,935 Disposals As at 31 December 2021 14,370 3,565 17,935 Depreciation At 31 December 2020 Charge for the period Disposals As at 31 December 2021 1,287 613 1,900 1,287 613 1.900 Net Book Value At 31 December 2021 13,083 2,952 16,035 At 31 December 2020 10 Debtors At 31st Dec 2020 At 31st Dec 2021 Trade Debtors Other Debtors Prepayments and accrued income Total Debtors 11 Creditors: amounts falling due within one year 2021 2020 Deferred Income & Creditors Short term Loan5 Tax and social security Accrued expenses 250 250 13 COMMUNITY TRANSFORMERS EMPOWERMENT SERVICES Notes to the Flnanclal statements for the year ended 31 December 2021 Note 12 Restricted funds The income funds of the charity include restricted funds comprising the following unexpended balances of donation5 and grant5 held in trust for specific purposes MOVEMENTIN FUNDS Incoming Resources Resources Expended Tran5fer5 Balance at 23 Nov 20 C105ing Balance Transfers Transfers may be made in situations where expenditure has exceeded available grant income or where there has been 3 small balance of grant remaining after the project completion. 13 Designated Funds No funds have been set aside OLJt of unrestricted fund5 by the trustee5 for Specific purp05e5. 14 Commitments under operating leases At 31 December 2021 the company had no commitments under non-cancellable operating leases. 15 Reserves Policy The directors have considered the level of reserves they wish to retain. appropriate to the eharitv's needs. This is based on the charity's size and the level of financial commitments held. The directors aim to ensure the charitv will be able to continue to fulfil its ch8ritèble objectives even if there is a temporary shortfall in income ()r unexpected expenditure. The directors will endeavour not to set aside funds unnecessarilv. 14