## **Trustees’ Annual Report for the period**
## **From 20/12/2023 Period start date To 31/03/2025 Period end date**
## **Charity name: Barawak Charity**
## **Charity registration number: 1206303**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|Barawak exists to promote community
cohesion, cultural heritage, health, and
wellbeing among people in the local area,
with a particular focus on the African-
Caribbean community. Its purposes include
advancing education, promoting the arts,
supporting healthy lifestyles, and fostering
community development.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|During the reporting period, Barawak
delivered community programmes
including:
Fitness Thursdays – weekly health and
wellness sessions in partnership with
Natura Fitness UK.
League of Champions – seasonal football
tournaments to encourage physical activity
and team spirit.
Annual cultural events such as the
Barawak Summer Fete, Barawak Market
bringing together local artists, musicians,
food vendors, and community groups.
Fundraising initiatives, including raffles,
lotteries, and entertainment nights to
support the development of a permanent
community hub.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees confirm they have had regard
to the Charity Commission’s guidance on
public benefit when planning activities,
ensuring all events and services directly
benefit the community, particularly
underserved groups.|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference
|Policy on grant making|Para 1.38|The charity does not currently operate a
grant-making policy.|
|---|---|---|
|Policy on social investment
including program related
investment|Para 1.38|No social investments have been made
and none are currently planned.|
|Contribution made by
volunteers|Para 1.38|Barawak’s activities rely heavily on
volunteers, including event organisers,
sports coaches, and community outreach
workers. Volunteer contributions are vital to
programme delivery and community
engagement.|
|Other|||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Successfully launched and maintained
Fitness Thursdays, with regular attendance
and positive feedback on its impact on
participants’ health and wellbeing.
Delivered League of Champions football
events, fostering youth engagement and
reducing social isolation.
Organised multiple community gatherings,
including cultural showcases, online
seminars strengthening social ties.
Continued fundraising efforts despite
challenges with donor consistency,
ensuring monthly operating costs for the
community hub are met where possible.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Achievements against
objectives set||During the reporting period, Barawak
successfully delivered key programmes
aligned with its objectives:
Promoted health and wellbeing through
Fitness Thursdays and the League of
Champions.
Enhanced cultural awareness and|
|---|---|---|---|
||Achievements against
objectives set|Para 1.41|During the reporting period, Barawak
successfully delivered key programmes
aligned with its objectives:
Promoted health and wellbeing through
Fitness Thursdays and the League of
Champions.
Enhanced cultural awareness and|
|||community cohesion through events such
as the Summer Fete, community link up-
weekly community open space, Barawak
Market promoting community business art
and showcasing creativity.
Provided opportunities for community
members to participate in recreational,
educational, and cultural activities that
strengthen social bonds.|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|Fundraising events, including raffles,
lotteries, and cultural evenings, were
delivered as planned. Our sponsored Ten
Bridge Walk towards a community hub
while they contributed to operational costs,
the total raised did not fully meet the target
required to cover the amount we aimed to
raise for expenses for the community hub.
Additional donor outreach and sponsorship
efforts are planned for the next period to
improve performance against this objective.|
|Investment performance
against objectives|Para 1.41|The charity holds no investments, so no
performance to report.|
|Other||Barawak has strengthened its partnerships
with local organisations, which has
increased visibility and community trust.
Volunteer engagement has been
consistent, with individuals donating their
time and skills to support events and
programmes.|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of the period, Barawak
maintained a modest financial position with
limited reserves. The charity’s primary
income sources were donations from
regular supporters and fundraising events.
While these funds have supported core
activities and community programmes,
income levels remain low until we receive
funding from grants.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The charity’s policy is to hold reserves to
ensure it can meet essential running costs
in the event of a temporary shortfall in
income. This reserve acts as a buffer to
protect key programmes and commitments,
particularly for events and community
engagement activities.|
|Amount of reserves held|Para 1.22|**£1000**|
|Reasons for holding zero
reserves|Para 1.22|**N/A**|
|Details of fund materially in
deficit|Para 1.24|None — no funds were in deficit during the
reporting period.|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The trustees believe the charity can
continue as a going concern but note that
sustainability is dependent on increasing
regular income from donors and
sponsorships. If income does not improve,
the scope and frequency of activities may
stay as is to match available resources.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
Barawak’s principal sources of funds are
donations from regular supporters,
community fundraising events such as
raffles, lotteries, and cultural evenings, and
income generated through ticketed events.
Partnerships with local businesses also
provide in-kind support, such as venue
space and equipment.|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|The charity does not hold any investments
and has no social investment policy. All
income received is used directly to support
Barawak’s programmes, events, and
operational costs.|
|A description of the principal
risks facing the charity|Para 1.46|The main risk to the charity is inconsistent
income, which may impact the ability to
cover running costs and deliver planned
activities. Other risks include dependence
on volunteer availability and potential
reductions in community engagement if
funding levels decrease. The trustees
actively monitor finances and community
support to manage these risks.|
||||
|---|---|---|
|Other||Barawak continues to focus on building
stronger relationships with donors,
sponsors, and partners to ensure long-term
sustainability.|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25||
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Barawak is incorporated and governed by
its constitution as a Charitable Incorporated
Organisation (CIO).|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are appointed by the board
through an open discussion and selection
process, in line with the charity’s
constitution.|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
|
Policies and procedures
adopted for the induction
and training of trustees|
Para 1.51|
New trustees are provided with a copy of
the charity’s governing document, recent
meeting minutes, financial reports, and the
Charity Commission’s guidance for
trustees. An induction meeting is held to
explain the charity’s objectives, activities,
and legal responsibilities. Trustees are
encouraged to attend relevant external
training sessions when available.|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|Barawak is managed by a board of
trustees responsible for strategic direction
and oversight. Day-to-day operations are
supported by volunteers. The charity works
in partnership with local community groups,
health and fitness providers, cultural
organisations, and small businesses to
deliver its programmes and events.|
|Relationship with any related
parties|Para 1.51|The charity has no related party
transactions during the reporting period.
Trustees and volunteers may have
personal or professional connections within
the community, but these do not influence
the charity’s decision-making or operations.|
|Other||The trustees are committed to
transparency, inclusivity, and continuous
improvement in governance and
programme delivery.|
## **Reference and Administrative details**
|Charity name|Barawak|
|---|---|
|Other name the charity uses||
|Registered charity number|1206303|
|Charity’s principal address|Barawak Centre,
8 Kingfisher Sq,
Deptford,
London SE8|
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Wayne Richards|Chair of Trustees|20/12/2023||
||Millicent Hippolyte|Secretary|20/12/2023||
||Andre Glispie|Trustee|20/12/2023||
||Sheila James|Treasurer|20/12/2023||
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## – Corporate trustees names of the directors at the date the report was approved
## **Director name**
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year**||
|---|---|---|
|**N/A**|||
||||
||||
||||
||||
||||
## **Funds held as custodian trustees on behalf of others**
Description of the assets N/A held in this capacity
Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
## **Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
N/A
## **Other optional information**
N/A
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Wayne Richards **Position (eg Secretary,** Chair **Chair, etc) Date** 13/08/25
**CHARITY REGISTRATION NUMBER: 1206303**
## **Barawak**
## **Unaudited Financial Statements 31 March 2025**
**Jackson & Jackson A trading name of Jackson Nicholas Assie Limited Chartered Certified Accountants & Statutory Auditors Suite 7, Meridian House 62 Station Road, Chingford London E4 7BA**
## **Barawak**
## **Financial Statements**
## **Period from 20 December 2023 ended 31 March 2025**
||**Page**|
|---|---|
|Trustees' annual report|**1**|
|Independent examiner's report to the trustees|**6**|
|Statement of financial activities|**7**|
|Statement of financial position|**8**|
|Statement of cash flows|**9**|
|Notes to the financial statements|**10**|
## **Barawak**
## **Trustees' Annual Report**
## **Period from 20 December 2023 ended 31 March 2025**
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.
## **Reference and administrative details**
|**Registered charity name**|Barawak|
|---|---|
|**Charity registration number**|1206303|
|**Principal office**|8 Kingfisher Square|
||Deptford|
||London|
||SE5 5TW|
|**The trustees**||
||Wayne Richards – Chair|
||Millicent Hippolyte - Secretary|
||Sheila James - Treasurer|
||Andre Glispie|
|**Company secretary**|Millicent Hippolyte|
|**Independent examiner**|John Assie FCCA|
||Suite 7, Meridian House|
||62 Station Road|
||Chingford|
||London|
||E4 7BA|
|**Bankers**|28 Borough High Street|
||Southwark|
||London|
||SE1 1YB|
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 1 -
## **Barawak**
## **Trustees' Annual Report**
## **Period from 20 December 2023 ended 31 March 2025**
## **Objectives and Activities**
Barawak exists to promote community cohesion, cultural heritage, health, and wellbeing among people in the local area, with a particular focus on the African-Caribbean community. Its purposes include advancing education, promoting the arts, supporting healthy lifestyles, and fostering community development.
During the reporting period, Barawak delivered community programmes including:
- i. _Fitness Thursdays_ – weekly health and wellness sessions in partnership with Natura Fitness UK.
- ii. _League of Champions_ – seasonal football tournaments to encourage physical activity and team spirit.
- iii. Annual cultural events such as the Barawak Summer Fete, Barawak Market bringing together local artists, musicians, food vendors, and community groups.
- iv. Fundraising initiatives, including raffles, lotteries, and entertainment nights to support the development of a permanent community hub.
The trustees confirm they have had regard to the Charity Commission’s guidance on public benefit when planning activities, ensuring all events and services directly benefit the community, particularly underserved groups.
The charity does not currently operate a grant-making policy.
No social investments have been made and none are currently planned.
Barawak’s activities rely heavily on volunteers, including event organisers, sports coaches, and community outreach workers. Volunteer contributions are vital to programme delivery and community engagement.
## **Achievements and Performance**
We have successfully launched and maintained _Fitness Thursdays_ , with regular attendance and positive feedback on its impact on participants’ health and wellbeing.
We have delivered _League of Champions_ football events, fostering youth engagement and reducing social isolation.
Organised multiple community gatherings, including cultural showcases, online seminars strengthening social ties.
Continued fundraising efforts despite challenges with donor consistency, ensuring monthly operating costs for the community hub are met where possible.
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 2 -
## **Barawak**
## **Trustees' Annual Report**
## **Period from 20 December 2023 ended 31 March 2025**
During the reporting period, Barawak successfully delivered key programmes aligned with its objectives:
- i. Promoted health and wellbeing through _Fitness Thursdays_ and the _League of Champions_ .
- ii. Enhanced cultural awareness and community cohesion through events such as the Summer Fete, community link up- weekly community open space, Barawak Market promoting community business art and showcasing creativity.
- iii. Provided opportunities for community members to participate in recreational, educational, and cultural activities that strengthen social bonds.
- iv. Fundraising events, including raffles, lotteries, and cultural evenings, were delivered as planned. Our sponsored Ten Bridge Walk towards a community hub while they contributed to operational costs, the total raised did not fully meet the target required to cover the amount we aimed to raise for expenses for the community hub. Additional donor outreach and sponsorship efforts are planned for the next period to improve performance against this objective.
The charity holds no investments, so no performance to report.
Barawak has strengthened its partnerships with local organisations, which has increased visibility and community trust. Volunteer engagement has been consistent, with individuals donating their time and skills to support events and programmes.
## **Financial Review**
At the end of the period, Barawak maintained a modest financial position with limited reserves. At the end of the reporting period the charity made a small surplus/reserve of £3. All of the charity’s income were unrestricted. The charity’s primary income sources were donations from regular supporters and fundraising events. While these funds have supported core activities and community programmes, income levels remain low until we receive funding from grants.
The charity’s policy is to hold reserves to ensure it can meet essential running costs in the event of a temporary shortfall in income. This reserve acts as a buffer to protect key programmes and commitments, particularly for events and community engagement activities.
During the reporting year no funds were in deficit.
The trustees believe the charity can continue as a going concern but note that sustainability is dependent on increasing regular income from donors and sponsorships. If income does not improve, the scope and frequency of activities may stay as is to match available resources.
Barawak’s principal sources of funds are donations from regular supporters, community fundraising events such as raffles, lotteries, and cultural evenings, and income generated through ticketed events. Partnerships with local businesses also provide in-kind support, such as venue space and equipment. The charity does not hold any investments and has no social investment policy. All income received is used directly to support Barawak’s programmes, events, and operational costs.
The main risk to the charity is inconsistent income, which may impact the ability to cover running costs and deliver planned activities. Other risks include dependence on volunteer availability and potential reductions in community engagement if funding levels decrease. The trustees actively monitor finances and community support to manage these risks.
Barawak continues to focus on building stronger relationships with donors, sponsors, and partners to ensure long-term sustainability.
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 3 -
## **Barawak**
## **Trustees' Annual Report**
## **Period from 20 December 2023 ended 31 March 2025**
## **Structure, Governance and Management**
Barawak is a Charitable Incorporated Organisation (CIO). It was registered as a charity with the Charity Commission in December 2023 and is governed by its charity governing document (‘the constitution’). Barawak is a charity to relieve the poverty of people and families of African and Caribbean decent who are in conditions of need, hardship or distress by providing those items of food, toiletries and other goods and services.
Trustees are appointed by the board through an open discussion and selection process, in line with the charity’s constitution.
New trustees are provided with a copy of the charity’s governing document, recent meeting minutes, financial reports, and the Charity Commission’s guidance for trustees. An induction meeting is held to explain the charity’s objectives, activities, and legal responsibilities. Trustees are encouraged to attend relevant external training sessions when available.
Barawak is managed by a board of trustees responsible for strategic direction and oversight. Day-to-day operations are supported by volunteers. The charity works in partnership with local community groups, health and fitness providers, cultural organisations, and small businesses to deliver its programmes and events
The trustees are committed to transparency, inclusivity, and continuous improvement in governance and programme delivery.
## **Trustees’ Responsibilities**
- (a) the Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice;
- (b) Charities Act requires the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit profit or loss of the charity for that period;
- (c) in preparing the financial statements the directors are required to:
- (i) select suitable accounting policies and then apply them consistently;
- (ii) make judgements and accounting estimates that are reasonable and prudent;
- (iii) State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- (iv) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
- (d) the Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy al any time the financial position of the charity and that enable them to ensure that the financial statements comply with the Charities Act 2011;
- (e) the Trustees are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities; and
- (f) where appropriate, the Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 4 -
## **Barawak**
## **Trustees' Annual Report**
## **Period from 20 December 2023 ended 31 March 2025**
The trustees' annual report was approved on 10 October 2025 and signed on behalf of the board of trustees by:
Wayne Richards Trustee
Sheila James Trustee
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 5 -
**Barawak**
## **Independent Examiner's Report to the Trustees of Barawak**
## **Period from 20 December 2023 ended 31 March 2025**
I report to the trustees on my examination of the financial statements of Barawak ('the charity') for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements 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.
## **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 charity as required by section 130 of the Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do 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 in order to enable a proper understanding of the accounts to be reached.
**John Assie FCCA Independent Examiner Jackson Nicholas Assie Limited Chartered Certified Accountants** Suite 7, Meridian House 62 Station Road Chingford London E4 7BA
11 October 2025
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 6 -
## **Barawak**
## **Statement of Financial Activities**
## **Period from 20 December 2023 ended 31 March 2025**
|||**2025**||
|---|---|---|---|
|||Unrestricted||
|||funds**Total funds**||
||**Note**|**£**|**£**|
|**Income and endowments**||||
|Donations and legacies|**4**|36,332|36,332|
|Charitable activities|**5**|19,335|19,335|
|Other trading activities|**6**|16,900|16,900|
|||`────────`|`────────`|
|**Total income**||72,567|72,567|
|||`════════`|`════════`|
|**Expenditure**||||
|Expenditure on raising funds:||||
|Costs of other trading activities|**7**|(11,038)|(11,038)|
|Expenditure on charitable activities|**8,9**|(61,526)|(61,526)|
|||`────────`|`────────`|
|**Total expenditure**||(72,564)|(72,564)|
|||`════════`|`════════`|
|||`────────`|`────────`|
|**Net income and net movement in funds**||3|3|
|||`════════`|`════════`|
|**Reconciliation of funds**||||
|Total funds brought forward||–|–|
|||`────────`|`────────`|
|**Total funds carried forward**||3|3|
|||`════════`|`════════`|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
**The notes on pages 10 to 14 form part of these financial statements.**
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 7 -
## **Barawak**
## **Statement of Financial Position**
## **Period from 20 December 2023 ended 31 March 2025**
|||**2025**|
|---|---|---|
||**Note**|**£**|
|**Current assets**|||
|Cash at bank and in hand||1,293|
|**Creditors: amounts falling due within one year**|**14**|(1,290)|
|||`───────`|
|**Net current assets**||3|
|||`────`|
|**Total assets less current liabilities**||3|
|||`────`|
|**Net assets**||3|
|||`════`|
|**Funds of the charity**|||
|Unrestricted funds||3|
|||`────`|
|**Total charity funds**|**15**|3|
|||`════`|
These financial statements were approved by the board of trustees and authorised for issue on 10 October 2025, and are signed on behalf of the board by:
Wayne Richards Trustee
Sheila James Trustee
**The notes on pages 10 to 14 form part of these financial statements.**
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 8 -
## **Barawak**
## **Statement of Cash Flows**
## **Period from 20 December 2023 ended 31 March 2025**
||**2025**|
|---|---|
||**£**|
|**Cash flows from operating activities**||
|Net income|3|
|_Adjustments for:_||
|Accrued expenses|1,290|
||`───────`|
|Cash generated from operations|1,293|
||`───────`|
|Net cash from operating activities|1,293|
||`═══════`|
|**Net increase in cash and cash equivalents**|1,293|
|**Cash and cash equivalents at beginning of year**|–|
||`───────`|
|**Cash and cash equivalents at end of year**|1,293|
||`═══════`|
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 9 -
**Barawak**
## **Notes to the Financial Statements**
## **Period from 20 December 2023 ended 31 March 2025**
## **1. General information**
The charity is a public benefit entity and a registered in England and Wales as a Charitable Incorporated Organisation. The address of the principal office is Block B, Unit B, Chartwell Business Park, Paulet Road, London, SE1 9HW.
## **2. Statement of compliance**
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland(FRS102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and the Charities Act 2011, and UK Generally Accepted Practice as it applies from January 2019.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## Significant judgements
There have not been any judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 10 -
**Barawak**
**Notes to the Financial Statements** _**(continued)**_
## **Period from 20 December 2023 ended 31 March 2025**
## **3. Accounting policies** _**(continued)**_
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 11 -
## **Barawak**
## **Notes to the Financial Statements** _**(continued)**_
## **Period from 20 December 2023 ended 31 March 2025**
## **3. Accounting policies** _**(continued)**_
## **Financial instruments**
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
## **4. Donations and legacies**
|||Unrestricted|**Total Funds**|
|---|---|---|---|
|||Funds|**2025**|
|||£|**£**|
||**Donations**|||
||Donations|36,332|36,332|
|||`════════`|`════════`|
|**5.**|**Charitable activities**|||
|||Unrestricted|**Total Funds**|
|||Funds|**2025**|
|||£|**£**|
||Events|19,335|19,335|
|||`═══════`|`═══════`|
|**6.**|**Other trading activities**|||
|||Unrestricted|**Total Funds**|
|---|---|---|---|
|||Funds|**2025**|
|||£|**£**|
||Fundraising events|150|150|
||Rent receivable|16,750|16,750|
|||`────────`|`────────`|
|||16,900|16,900|
|||`════════`|`════════`|
|**7.**|**Costs of other trading activities**|||
|||Unrestricted|**Total Funds**|
|||Funds|**2025**|
|||£|**£**|
||Fundraising costs|11,038|11,038|
|||`═══════`|`═══════`|
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 12 -
## **Barawak**
## **Notes to the Financial Statements** _**(continued)**_
## **Period from 20 December 2023 ended 31 March 2025**
## **8. Expenditure on charitable activities by fund type**
||Unrestricted|**Total Funds**|
|---|---|---|
||Funds|**2025**|
||£|**£**|
|Supporting the needs of the African and Caribbean community|4,817|4,817|
|Support costs|56,709|56,709|
||`────────`|`────────`|
||61,526|61,526|
||`════════`|`════════`|
## **9. Expenditure on charitable activities by activity type**
||Activities|||
|---|---|---|---|
||undertaken||**Total funds**|
||directly|Support costs|**2025**|
||£|£|**£**|
|Supporting the needs of the African and Caribbean||||
|community|4,817|
55,419|60,236|
|Governance costs|–|
1,290|1,290|
||`────────`|
`────────`|`────────`|
||4,817|
56,709|61,526|
||`════════`|
`════════`|`════════`|
## **10. Analysis of support costs**
||Supporting||
|---|---|---|
||the needs of||
||the African||
||and||
||Caribbean||
||Community|**Total 2025**|
||£|**£**|
|Governance costs|1,200|1,200|
|Rent|53,865|53,865|
|Rates|1,554|1,554|
|Legal & professional|90|90|
||`────────`|`────────`|
||56,709|56,709|
||`════════`|`════════`|
## **11. Independent examination fees**
||**2025**|
|---|---|
||**£**|
|Fees payable to the independent examiner for:||
|Independent examination of the financial statements|1,200|
||`═══════`|
## **12. Staff costs**
The average head count of employees during the year was Nil.
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 13 -
## **Barawak**
## **Notes to the Financial Statements** _**(continued)**_
## **Period from 20 December 2023 ended 31 March 2025**
## **13. Trustee remuneration and expenses**
- no remuneration or other benefits from employment with the charity or a related entity were received by the trustees; or
- no trustee expenses have been incurred
## **14. Creditors: amounts falling due within one year**
**2025 £** Accruals and deferred income 1,290 `═══════`
## **15. Analysis of charitable funds**
## **Unrestricted funds**
At **At** 1 April 2024 Income Expenditure **31 March 2025** £ £ £ £ General funds – 72,567 (72,564) 3 `════ ════════ ════════ ════` **Analysis of net assets between funds** Unrestricted **Total Funds** Funds **2025** £ **£** Current assets 1,293 1,293 Creditors less than 1 year (1,290) (1,290) `─────── ───────` **Net assets** 3 3 `═══════ ═══════`
## **16. Analysis of net assets between funds**
## **17. Analysis of changes in net debt**
**At** At 1 Apr 2024 Cash flows **31 Mar 2025** £ £ **£** Cash at bank and in hand – 1,293 1,293 `════ ═══════ ═══════`
## **18. Related parties**
During the year the trustees made the following unconditional donations to the charity:
W Richards £1,090 M Hippolyte £1,840 S James £345
Also, during the year £120 was paid to Qam Yasharahla Clothing (of which W Richards is employed) for a one-off purchase of T-Shirts.
Rental income of £16,750 was received from GOCC UK (the Church). All the trustees of the charity are also members of GOCC UK.
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 14 -
**CHARITY REGISTRATION NUMBER: 1206303**
## **Barawak**
## **Unaudited Financial Statements 31 March 2025**
**Jackson & Jackson A trading name of Jackson Nicholas Assie Limited Chartered Certified Accountants & Statutory Auditors Suite 7, Meridian House 62 Station Road, Chingford London E4 7BA**
## **Barawak**
## **Financial Statements**
## **Period from 20 December 2023 ended 31 March 2025**
||**Page**|
|---|---|
|Trustees' annual report|**1**|
|Independent examiner's report to the trustees|**6**|
|Statement of financial activities|**7**|
|Statement of financial position|**8**|
|Statement of cash flows|**9**|
|Notes to the financial statements|**10**|
## **Barawak**
## **Trustees' Annual Report**
## **Period from 20 December 2023 ended 31 March 2025**
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.
## **Reference and administrative details**
|**Registered charity name**|Barawak|
|---|---|
|**Charity registration number**|1206303|
|**Principal office**|8 Kingfisher Square|
||Deptford|
||London|
||SE5 5TW|
|**The trustees**||
||Wayne Richards – Chair|
||Millicent Hippolyte - Secretary|
||Sheila James - Treasurer|
||Andre Glispie|
|**Company secretary**|Millicent Hippolyte|
|**Independent examiner**|John Assie FCCA|
||Suite 7, Meridian House|
||62 Station Road|
||Chingford|
||London|
||E4 7BA|
|**Bankers**|28 Borough High Street|
||Southwark|
||London|
||SE1 1YB|
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 1 -
## **Barawak**
## **Trustees' Annual Report**
## **Period from 20 December 2023 ended 31 March 2025**
## **Objectives and Activities**
Barawak exists to promote community cohesion, cultural heritage, health, and wellbeing among people in the local area, with a particular focus on the African-Caribbean community. Its purposes include advancing education, promoting the arts, supporting healthy lifestyles, and fostering community development.
During the reporting period, Barawak delivered community programmes including:
- i. _Fitness Thursdays_ – weekly health and wellness sessions in partnership with Natura Fitness UK.
- ii. _League of Champions_ – seasonal football tournaments to encourage physical activity and team spirit.
- iii. Annual cultural events such as the Barawak Summer Fete, Barawak Market bringing together local artists, musicians, food vendors, and community groups.
- iv. Fundraising initiatives, including raffles, lotteries, and entertainment nights to support the development of a permanent community hub.
The trustees confirm they have had regard to the Charity Commission’s guidance on public benefit when planning activities, ensuring all events and services directly benefit the community, particularly underserved groups.
The charity does not currently operate a grant-making policy.
No social investments have been made and none are currently planned.
Barawak’s activities rely heavily on volunteers, including event organisers, sports coaches, and community outreach workers. Volunteer contributions are vital to programme delivery and community engagement.
## **Achievements and Performance**
We have successfully launched and maintained _Fitness Thursdays_ , with regular attendance and positive feedback on its impact on participants’ health and wellbeing.
We have delivered _League of Champions_ football events, fostering youth engagement and reducing social isolation.
Organised multiple community gatherings, including cultural showcases, online seminars strengthening social ties.
Continued fundraising efforts despite challenges with donor consistency, ensuring monthly operating costs for the community hub are met where possible.
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 2 -
## **Barawak**
## **Trustees' Annual Report**
## **Period from 20 December 2023 ended 31 March 2025**
During the reporting period, Barawak successfully delivered key programmes aligned with its objectives:
- i. Promoted health and wellbeing through _Fitness Thursdays_ and the _League of Champions_ .
- ii. Enhanced cultural awareness and community cohesion through events such as the Summer Fete, community link up- weekly community open space, Barawak Market promoting community business art and showcasing creativity.
- iii. Provided opportunities for community members to participate in recreational, educational, and cultural activities that strengthen social bonds.
- iv. Fundraising events, including raffles, lotteries, and cultural evenings, were delivered as planned. Our sponsored Ten Bridge Walk towards a community hub while they contributed to operational costs, the total raised did not fully meet the target required to cover the amount we aimed to raise for expenses for the community hub. Additional donor outreach and sponsorship efforts are planned for the next period to improve performance against this objective.
The charity holds no investments, so no performance to report.
Barawak has strengthened its partnerships with local organisations, which has increased visibility and community trust. Volunteer engagement has been consistent, with individuals donating their time and skills to support events and programmes.
## **Financial Review**
At the end of the period, Barawak maintained a modest financial position with limited reserves. At the end of the reporting period the charity made a small surplus/reserve of £3. All of the charity’s income were unrestricted. The charity’s primary income sources were donations from regular supporters and fundraising events. While these funds have supported core activities and community programmes, income levels remain low until we receive funding from grants.
The charity’s policy is to hold reserves to ensure it can meet essential running costs in the event of a temporary shortfall in income. This reserve acts as a buffer to protect key programmes and commitments, particularly for events and community engagement activities.
During the reporting year no funds were in deficit.
The trustees believe the charity can continue as a going concern but note that sustainability is dependent on increasing regular income from donors and sponsorships. If income does not improve, the scope and frequency of activities may stay as is to match available resources.
Barawak’s principal sources of funds are donations from regular supporters, community fundraising events such as raffles, lotteries, and cultural evenings, and income generated through ticketed events. Partnerships with local businesses also provide in-kind support, such as venue space and equipment. The charity does not hold any investments and has no social investment policy. All income received is used directly to support Barawak’s programmes, events, and operational costs.
The main risk to the charity is inconsistent income, which may impact the ability to cover running costs and deliver planned activities. Other risks include dependence on volunteer availability and potential reductions in community engagement if funding levels decrease. The trustees actively monitor finances and community support to manage these risks.
Barawak continues to focus on building stronger relationships with donors, sponsors, and partners to ensure long-term sustainability.
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 3 -
## **Barawak**
## **Trustees' Annual Report**
## **Period from 20 December 2023 ended 31 March 2025**
## **Structure, Governance and Management**
Barawak is a Charitable Incorporated Organisation (CIO). It was registered as a charity with the Charity Commission in December 2023 and is governed by its charity governing document (‘the constitution’). Barawak is a charity to relieve the poverty of people and families of African and Caribbean decent who are in conditions of need, hardship or distress by providing those items of food, toiletries and other goods and services.
Trustees are appointed by the board through an open discussion and selection process, in line with the charity’s constitution.
New trustees are provided with a copy of the charity’s governing document, recent meeting minutes, financial reports, and the Charity Commission’s guidance for trustees. An induction meeting is held to explain the charity’s objectives, activities, and legal responsibilities. Trustees are encouraged to attend relevant external training sessions when available.
Barawak is managed by a board of trustees responsible for strategic direction and oversight. Day-to-day operations are supported by volunteers. The charity works in partnership with local community groups, health and fitness providers, cultural organisations, and small businesses to deliver its programmes and events
The trustees are committed to transparency, inclusivity, and continuous improvement in governance and programme delivery.
## **Trustees’ Responsibilities**
- (a) the Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice;
- (b) Charities Act requires the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit profit or loss of the charity for that period;
- (c) in preparing the financial statements the directors are required to:
- (i) select suitable accounting policies and then apply them consistently;
- (ii) make judgements and accounting estimates that are reasonable and prudent;
- (iii) State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- (iv) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
- (d) the Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy al any time the financial position of the charity and that enable them to ensure that the financial statements comply with the Charities Act 2011;
- (e) the Trustees are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities; and
- (f) where appropriate, the Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 4 -
## **Barawak**
## **Trustees' Annual Report**
## **Period from 20 December 2023 ended 31 March 2025**
The trustees' annual report was approved on 10 October 2025 and signed on behalf of the board of trustees by:
Wayne Richards Trustee
Sheila James Trustee
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 5 -
**Barawak**
## **Independent Examiner's Report to the Trustees of Barawak**
## **Period from 20 December 2023 ended 31 March 2025**
I report to the trustees on my examination of the financial statements of Barawak ('the charity') for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements 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.
## **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 charity as required by section 130 of the Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do 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 in order to enable a proper understanding of the accounts to be reached.
**John Assie FCCA Independent Examiner Jackson Nicholas Assie Limited Chartered Certified Accountants** Suite 7, Meridian House 62 Station Road Chingford London E4 7BA
11 October 2025
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 6 -
## **Barawak**
## **Statement of Financial Activities**
## **Period from 20 December 2023 ended 31 March 2025**
|||**2025**||
|---|---|---|---|
|||Unrestricted||
|||funds**Total funds**||
||**Note**|**£**|**£**|
|**Income and endowments**||||
|Donations and legacies|**4**|36,332|36,332|
|Charitable activities|**5**|19,335|19,335|
|Other trading activities|**6**|16,900|16,900|
|||`────────`|`────────`|
|**Total income**||72,567|72,567|
|||`════════`|`════════`|
|**Expenditure**||||
|Expenditure on raising funds:||||
|Costs of other trading activities|**7**|(11,038)|(11,038)|
|Expenditure on charitable activities|**8,9**|(61,526)|(61,526)|
|||`────────`|`────────`|
|**Total expenditure**||(72,564)|(72,564)|
|||`════════`|`════════`|
|||`────────`|`────────`|
|**Net income and net movement in funds**||3|3|
|||`════════`|`════════`|
|**Reconciliation of funds**||||
|Total funds brought forward||–|–|
|||`────────`|`────────`|
|**Total funds carried forward**||3|3|
|||`════════`|`════════`|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
**The notes on pages 10 to 14 form part of these financial statements.**
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 7 -
## **Barawak**
## **Statement of Financial Position**
## **Period from 20 December 2023 ended 31 March 2025**
|||**2025**|
|---|---|---|
||**Note**|**£**|
|**Current assets**|||
|Cash at bank and in hand||1,293|
|**Creditors: amounts falling due within one year**|**14**|(1,290)|
|||`───────`|
|**Net current assets**||3|
|||`────`|
|**Total assets less current liabilities**||3|
|||`────`|
|**Net assets**||3|
|||`════`|
|**Funds of the charity**|||
|Unrestricted funds||3|
|||`────`|
|**Total charity funds**|**15**|3|
|||`════`|
These financial statements were approved by the board of trustees and authorised for issue on 10 October 2025, and are signed on behalf of the board by:
Wayne Richards Trustee
Sheila James Trustee
**The notes on pages 10 to 14 form part of these financial statements.**
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 8 -
## **Barawak**
## **Statement of Cash Flows**
## **Period from 20 December 2023 ended 31 March 2025**
||**2025**|
|---|---|
||**£**|
|**Cash flows from operating activities**||
|Net income|3|
|_Adjustments for:_||
|Accrued expenses|1,290|
||`───────`|
|Cash generated from operations|1,293|
||`───────`|
|Net cash from operating activities|1,293|
||`═══════`|
|**Net increase in cash and cash equivalents**|1,293|
|**Cash and cash equivalents at beginning of year**|–|
||`───────`|
|**Cash and cash equivalents at end of year**|1,293|
||`═══════`|
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 9 -
**Barawak**
## **Notes to the Financial Statements**
## **Period from 20 December 2023 ended 31 March 2025**
## **1. General information**
The charity is a public benefit entity and a registered in England and Wales as a Charitable Incorporated Organisation. The address of the principal office is Block B, Unit B, Chartwell Business Park, Paulet Road, London, SE1 9HW.
## **2. Statement of compliance**
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland(FRS102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and the Charities Act 2011, and UK Generally Accepted Practice as it applies from January 2019.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## Significant judgements
There have not been any judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 10 -
**Barawak**
**Notes to the Financial Statements** _**(continued)**_
## **Period from 20 December 2023 ended 31 March 2025**
## **3. Accounting policies** _**(continued)**_
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 11 -
## **Barawak**
## **Notes to the Financial Statements** _**(continued)**_
## **Period from 20 December 2023 ended 31 March 2025**
## **3. Accounting policies** _**(continued)**_
## **Financial instruments**
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
## **4. Donations and legacies**
|||Unrestricted|**Total Funds**|
|---|---|---|---|
|||Funds|**2025**|
|||£|**£**|
||**Donations**|||
||Donations|36,332|36,332|
|||`════════`|`════════`|
|**5.**|**Charitable activities**|||
|||Unrestricted|**Total Funds**|
|||Funds|**2025**|
|||£|**£**|
||Events|19,335|19,335|
|||`═══════`|`═══════`|
|**6.**|**Other trading activities**|||
|||Unrestricted|**Total Funds**|
|---|---|---|---|
|||Funds|**2025**|
|||£|**£**|
||Fundraising events|150|150|
||Rent receivable|16,750|16,750|
|||`────────`|`────────`|
|||16,900|16,900|
|||`════════`|`════════`|
|**7.**|**Costs of other trading activities**|||
|||Unrestricted|**Total Funds**|
|||Funds|**2025**|
|||£|**£**|
||Fundraising costs|11,038|11,038|
|||`═══════`|`═══════`|
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 12 -
## **Barawak**
## **Notes to the Financial Statements** _**(continued)**_
## **Period from 20 December 2023 ended 31 March 2025**
## **8. Expenditure on charitable activities by fund type**
||Unrestricted|**Total Funds**|
|---|---|---|
||Funds|**2025**|
||£|**£**|
|Supporting the needs of the African and Caribbean community|4,817|4,817|
|Support costs|56,709|56,709|
||`────────`|`────────`|
||61,526|61,526|
||`════════`|`════════`|
## **9. Expenditure on charitable activities by activity type**
||Activities|||
|---|---|---|---|
||undertaken||**Total funds**|
||directly|Support costs|**2025**|
||£|£|**£**|
|Supporting the needs of the African and Caribbean||||
|community|4,817|
55,419|60,236|
|Governance costs|–|
1,290|1,290|
||`────────`|
`────────`|`────────`|
||4,817|
56,709|61,526|
||`════════`|
`════════`|`════════`|
## **10. Analysis of support costs**
||Supporting||
|---|---|---|
||the needs of||
||the African||
||and||
||Caribbean||
||Community|**Total 2025**|
||£|**£**|
|Governance costs|1,200|1,200|
|Rent|53,865|53,865|
|Rates|1,554|1,554|
|Legal & professional|90|90|
||`────────`|`────────`|
||56,709|56,709|
||`════════`|`════════`|
## **11. Independent examination fees**
||**2025**|
|---|---|
||**£**|
|Fees payable to the independent examiner for:||
|Independent examination of the financial statements|1,200|
||`═══════`|
## **12. Staff costs**
The average head count of employees during the year was Nil.
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
- 13 -
## **Barawak**
## **Notes to the Financial Statements** _**(continued)**_
## **Period from 20 December 2023 ended 31 March 2025**
## **13. Trustee remuneration and expenses**
- no remuneration or other benefits from employment with the charity or a related entity were received by the trustees; or
- no trustee expenses have been incurred
## **14. Creditors: amounts falling due within one year**
**2025 £** Accruals and deferred income 1,290 `═══════`
## **15. Analysis of charitable funds**
## **Unrestricted funds**
At **At** 1 April 2024 Income Expenditure **31 March 2025** £ £ £ £ General funds – 72,567 (72,564) 3 `════ ════════ ════════ ════` **Analysis of net assets between funds** Unrestricted **Total Funds** Funds **2025** £ **£** Current assets 1,293 1,293 Creditors less than 1 year (1,290) (1,290) `─────── ───────` **Net assets** 3 3 `═══════ ═══════`
## **16. Analysis of net assets between funds**
## **17. Analysis of changes in net debt**
**At** At 1 Apr 2024 Cash flows **31 Mar 2025** £ £ **£** Cash at bank and in hand – 1,293 1,293 `════ ═══════ ═══════`
## **18. Related parties**
During the year the trustees made the following unconditional donations to the charity:
W Richards £1,090 M Hippolyte £1,840 S James £345
Also, during the year £120 was paid to Qam Yasharahla Clothing (of which W Richards is employed) for a one-off purchase of T-Shirts.
Rental income of £16,750 was received from GOCC UK (the Church). All the trustees of the charity are also members of GOCC UK.
_Jackson Nicholas Assie Limited Chartered Certified Accountants_
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