ECADS Financial Report 03/08/2023-15/03/2024
Trustees' Report
The Trustees of the Eritrean Community Association for Development and Support (ECADS) present their report with the financial statements of the charity for the period of 03/08/2023 to 15/03/2024. The trustees have adopted the provisions of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard.
The objectives of ECADS include supporting Eritrean refugees and asylum seekers in West London by organising community events,workshops, and social activities to help in integration, education, and social well-being.
The following report summarises the financial activities and position of the charity for the specified period.
Financial Summary
The charity had a total income of £3500 from membership fees and the remaining income was raised through donations. Below is a summary of financial activities for the specified period.
Total Income: £6460 Total Expenses: £5760
Remaining :£700
| Remaining :£700 | |
|---|---|
| Activity | Total Cost (GBP) |
| Community Gathering and Newcomers Welcoming event |
£1844.00 |
| Football Tournament (01/05/2023) | £835.99 |
| Community Gathering and Celebration (08/10/2023) |
£720.00 |
| New Year and Christmas Party (03/12/2023) |
£2020.00 |
| Workshop for Community Members (03/02/2024) |
£340.00 |
| Totalspend | £5759.99rounded to £5760 |
Annual Impact Report
ECADS has made a meaningful impact on the Eritrean refugee and asylum-seeker community in West London over the past year. The organisation has supported over 200 families through various programs, including educational workshops, cultural events, and wellbeing initiatives. Success stories from participants highlight the role of ECADS in providing a safe and supportive environment for new arrivals. The social integration of these communities through football tournaments, workshops, and celebrations has been key to ECADS' mission.
Governance Report
ECADS is governed by a board of trustees who oversee all strategic decisions and ensure compliance with the charity’s constitution. The trustees are responsible for managing the charity’s financial resources and ensuring transparency in all decisions. The board held quarterly meetings and made key decisions related to community outreach, and partnerships.
The board continues to prioritise good governance, and no conflicts of interest have been reported.