UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 31[st] DECEMBER 2023
FOR
Legacy Of Windrush Descendants and Friends
LEGACY OF WINDRUSH DESCENDANTS AND FRIENDS
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] DECEMBER 2023.
| Page | |
|---|---|
| Organization information | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 |
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LEGACY OF WINDRUSH DESCENDANTS AND FRIENDS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[st] DECEMBER 2023.
LEGACY OF WINDRUSH DESCENDANTS AND FRIENDS Organisation Information as at period ended 31[st] December 2023 Organisation Name LEGACY OF WINDRUSH DESCENDANTS AND FRIENDS
Registered address 83 Brookfield Road Bedford United Kingdom MK41 9LL
Trustees
1.Peter Clyde Stapleton JP, Chair 2. Corrine Mason 3. Patricia Clarke 4. Claire Turpin 5. Jason Lawrence 6. Esron Campbell 7. Michelle Balach-Ali 8. Pauline Stepney 15 May 2023
Bankers Unity trust Bank PO Box 7193 Planetary Road Willenhall WV1 9DG
Independent examiner
Mr BM Makamba, MSc (Finacc), BAcc (Hons), CIMA dip 27 Church farm Avenue Wilstead Bedford Bedfordshire MK45 3FA
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
LEGACY OF WINDRUSH DESCENDANTS AND FRIENDS
Report to the LEGACY OF WINDRUSH DESCENDANTS AND FRIENDS Organisation on accounts for the year ended 31[st] December 2023, set out on pages 4 to 9.
I report to the Trustees on my examination of the accounts of the above organisation for the year ended 31 December 2023.
As the Trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”). I report in respect of my examination of the organisation’s accounts carried out under section 145 of the 2011 Act and 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.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect,
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the accounting records were not kept in accordance with section 130 of the Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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 to enable a proper understanding of the accounts to be reached. Signed:
Mr BM Makamba , MSc (Finacc), B.Acc (Hons), CIMA dip 27 Church farm Avenue Wilstead Bedford Bedfordshire MK45 3FA Date: 30/05/2025
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LEGACY OF WINDRUSH DESCENDANTS AND FRIENDS
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31[st] DECEMBER 2023.
| Notes Incoming Resources Income from generated funds: Voluntary income: 1c Donations, grants, and legacies Income resources: charitable activities 2 Other trading activities Investment income Total Incoming Resources Resources expended 1d Raising funds - (Costs of generating voluntary income) Charitable activities (projects delivery costs) 7 Governance costs 1d Total expended resources Net income/(expenditure) before investment gains/(losses) Net gains/(losses) on investments Net income/(expenditure) Extraordinary items Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use Other gains/(losses) Net movement in funds 5 Reconciliation of funds: Total funds brought forward Total funds carried forward 5 |
Unrestricted Funds Restricted Funds Endowment Funds Total Funds Prior year Funds 2023 2023 2023 2023 2022 £ £ £ £ £ - - - - - - 30,005 - 30,005 10,515 55 - - 55 - - - - - - - - - - - |
|---|---|
| 55 30,005 0 30,060 10,515 |
|
| - - - - - 1,409 27,155 - 28,564 4,461 300 - - 300 - |
|
| 1,709 27,155 0 28,864 4,461 |
|
| -1,654 2,850 0 1,196 6,054 - - - - - |
|
| -1,654 2,850 0 1,196 6,054 - - - - - - - - - - - - - - - |
|
| -1,654 2,850 0 1,196 6,054 0 6,055 - 6,055 0 |
|
| -1,654 8,905 0 7,251 6,054 |
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
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LEGACY OF WINDRUSH DESCENDANTS AND FRIENDS STATEMENT OF FINANCIAL POSITION AS AT 31[ST] DECEMBER 2023.
| Notes Non-CURRENT ASSETS Tangible assets 1e,6 CURRENT ASSETS Cash at Bank Others Total current assets CURRENT LIABILITIES Creditors 1d Net Current assets NET ASSETS 1e FUNDS OF THE CHARITY Endowment Funds Unrestricted funds 1b,7 Designated funds Revaluation funds Reserve funds General funds Restricted funds 1b,7 TOTAL FUNDS |
7,251 - |
Total Funds 2023 £ 0 7,251 - 7,251 |
6,055 - |
Total Funds 2022 £ 0 6,055 - 6,055 |
|---|---|---|---|---|
| - - - -1,654 |
- - - -193 |
|||
| 7,251 | 6,055 | |||
| - -1,654 8,905 |
- -193 6,247 |
|||
| 7,251 | 6,054 |
The financial statements summarise the transactions of the entity and disclose the net assets at the disposal of the Trustees. These accounts are prepared in accordance with the special provisions of Part VII of the Companies Act 1985 relating to small entities.
These financial statements were approved by the Trustees on 30/05/2025_____ and signed on its behalf by:
Peter Clyde Stapleton JP
Chair of Trustees
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LEGACY OF WINDRUSH DESCENDANTS AND FRIENDS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] DECEMBER 2023.
1. ACCOUNTING POLICIES
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.
(a) Basis of accounting
The financial statements have been prepared under the historical cost convention.
(b) Fund accounting
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Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
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Designated funds are unrestricted funds earmarked by the Trustees for specific purposes.
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• Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
(c) Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to, and virtually certain to receive, the income and the amount can be quantified with reasonable accuracy. The following policies are applied to specific categories of income:
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Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
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Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts.
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Items donated for resale are included as incoming resources within activities for generating funds when they are sold.
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Investment income is included when receivable.
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Incoming resources from charitable trading activity are accounted for when earned.
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Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.
(d) Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:
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Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity’s shop.
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Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
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Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examiner fees and costs linked to the strategic management of the charity.
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All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.
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LEGACY OF WINDRUSH DESCENDANTS AND FRIENDS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023 - CONTINUED
(e) Fixed assets
Fixed assets (excluding investments) are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £100 are not capitalised. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, which in all cases is estimated at 4 years (25% straight-line method). Impairment reviews are carried out as and when evidence comes to light that that the recoverable amount of a functional fixed asset is below its net book value due to damage, obsolescence, or other relevant factors.
Investments held as fixed assets are revalued at mid-market value at the balance sheet date and the gain or loss taken to the Statement of Financial Activities.
2. INCOMING RESOURCES FROM GENERATED FUNDS
| INCOMING RESOURCES Voluntary income Pegusus Opera Company limited (BLCF) Circle Accounting (Numbian teachings) The Harpur Trust C Salmon Marva (CariAfrique) Adeola Ajayi (CariAfrique) Natural I Am Products Ltd (CariAfrique) FM Fragrances by LORRAINE (CariAfrique) Bedford Borough Council Lottery - Main Grants Bedfordshire and Luton Community Total grants Other Income; CariAfrique Stalls Income Donation Income : Others Total Income |
Unrestricted Funds Restricted Funds Total Funds Total Funds 2023 2023 2023 2022 £ £ £ £ - - - 2750 - - - 300 - - - 727 - - - 20 - - - 20 - - - 20 - - - 10 0 15450 15450 5668 0 9555 9555 - 0 5000 5000 - |
|---|---|
| 0 30005 30005 9515 55 0 55 0 0 0 1000 0 0 0 0 |
|
| 55 30005 30060 10515 |
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LEGACY OF WINDRUSH DESCENDANTS AND FRIENDS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023 - CONTINUED
3. COMMITTEE MEMBERS' REMUNERATION AND BENEFITS
There were no committee members' remuneration or benefits for the year ended 31st December 2023.
4. MOVEMENT IN FUNDS -RESTRICTED FUNDS
This balance is comprised of the unspent balances of on-going projects. The figures are restricted for use only on their designated projects.
5. MOVEMENT IN FUNDS
| Funds: Restricted and Unrestricted Bank TOTAL FUNDS |
At 01-01- 2023 Cash Inflow Cash Outflow Net Movement in Funds At 31-12- 2023 £ £ £ £ 6,055 30,060 28,864 1,196 7,251 |
|---|---|
6,05530,060 28,864 1,196 7,251 |
6. NON-CURRENT ASSET SCHEDULE
| Non-current assets N/A |
Cost 0 0 |
Depreciation Acc. Depreciation 31/12/2023 0 0 0 0 |
Book Value At 31/12/2023 0 |
|---|---|---|---|
| 0 |
*Depreciation at 25% per year, straight-line method
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LEGACY OF WINDRUSH DESCENDANTS AND FRIENDS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023 - CONTINUED
7. COST OF GENERATING VOLUNTARY INCOME
| RESOURCES EXPENDED Costs of generating voluntary income Restricted Funds Bank Service Charges Windrush day 2021 Jubilee JamDay LOWDLHb CariAfrique Health Inequality Sound System Launch The Rush Win75 Life in Transit Plaques 5 Year Plan Misc Governance-SEC Accounting Services Ltd Total resources expended |
2023 2023 2023 2022 £ £ £ £ Unrestricted Funds Restricted Funds Total Funds Total Funds 72 0 72 72 - - - 1330 - - - 791 - - - 677 - - - 100 0 5714 5714 1491 0 321 321 - 0 294 294 - 0 3249 3249 - 0 4105 4105 - 0 5639 5639 - 0 7832 7832 - 1337 0 1337 - |
|---|---|
| 1409 27155 28564 4461 300 0 300 - 1709 27155 28864 4461 |
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LEGACY OF WINDRUSH DESCENDANTS AND FRIENDS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023 - CONTINUED
8. EMPLOYEE COSTS
| 31/12/23 | ||||
|---|---|---|---|---|
| PAYE | Social | security costs |
Salaries and wages |
Total Employee Cost |
| £ | £ | £ | £ | |
| 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 |
No employee received emoluments of more than £60,000.
The average number of employees during the year, calculated on the basis of full-time equivalents, was as follows: 2022 – 0 employees, 2023 – 0 employees.
The organisation does not operate any pension scheme as it does not have any employees.
….end/….
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