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2021-03-31-accounts

REGISTERED COMPANY NUMBER: (England and Wales) REGISTERED CHARITY NUMBER: 258545

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2021

for

West India Committee

Sterling Partners Limited Chartered Accountants Chartered Tax Advisors 2nd Floor, Grove House 774-780 Wilmslow Road Didsbury Manchester Greater Manchester M20 2DR

West India Committee

Contents of the Financial Statements for the Year Ended 31 March 2021

Page
Report of the Trustees 1 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 to 17
Detailed Statement of Financial Activities 18

West India Committee

Report of the Trustees

for the Year Ended 31 March 2021

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The Object of the West India Committee is to promote the interests of:

of the West Indies, Guyana and Belize to increase the general welfare of the people of those territories and their global diaspora through education, training, acting as an advocate, adviser and where necessary, as an umbrella organisation.

Our vision

Our vision is to utilise the West India Committee in its capacity as a nongovernmental organisation, charity and trading vehicle to develop new, bespoke strategies to improve the general welfare and prosperity of West Indians both in the Caribbean and the societies in which they live and work globally.

WIC values

The West India Committee seeks to develop sustainable prosperity amongst the West Indian community both in the Caribbean and within the societies in which they live and work globally, providing a means whereby West Indians may themselves resolve the issues that had hindered their progress for generations. The West India Committee believes in the values of a combination of good governance, economic diversification and Smart Aid coupled with local innovation and entrepreneurialism informed by an in depth comprehension of the culture and heritage of the region and its peoples.

Achievements and activities

The West India Committee (WIC) has continued to address the ongoing major challenges that various Caribbean nations and communities have faced across the world during the course of this year. This included the COVID-19 pandemic, and work in assisting Anguilla, a British Overseas Territory in the Caribbean, in its resilience building and recovery from the worst hurricane on record, Hurricane Irma. Due to the coronavirus pandemic, the charity resorted to its staff working from home for much of the 2020/2021 financial year, with safe and socially distanced work and meetings taking place at the West India Committee Rooms when necessary and permitted by the UK government rules and regulations. The charity did not furlough any members of staff due to the extremely high demand for its work, which has been met without interruption, despite the challenging conditions and financial pressures arising from the global pandemic.

Page 1

West India Committee

Report of the Trustees for the Year Ended 31 March 2021

OBJECTIVES AND ACTIVITIES

Significant activities

The West India Committee's flexibility and far-reaching charitable objects has allowed scope for a wide range of assistance to be provided to Caribbean communities in need both directly and through collaboration with fellow charities, institutions, NGOs, government departments and the UK parliament in general, including through the valuable auspices of select committees. With the inevitable loss of institutional knowledge due to the high turnover of staff within the UK Government, the tried and tested work of the West India Committee has filled a void, overcoming the many and various hurdles that continue to hinder access to sustainable prosperity for West Indians throughout the world. The West India Committee's work on behalf of the Government of Anguilla Overseas Office in London through advocacy, advice, and acting as an umbrella organisation, has proved effective for the British Overseas Territory, providing an alternative model for its representation both in the UK, EU, UN and overseas. The West India Committee has enjoyed extremely good relations with the current UK Government and its cabinet members that have proved mutually beneficial for the Caribbean region and its community.

The West India Committee continued to monitor and support the UK Government funded recovery and rebuilding of Anguilla's key infrastructure, following the devastation of Hurricane Irma, and built Anguilla's only maternity ward, and extended the island's only operating theatre, having successfully raised funds in the UK. (https://twitter.com/BlondelCluff/status/1197464912848719874). The West India Committee has also dealt with numerous immigration and visa cases for Anguillians and other UK nationals, some of which experienced contagion with the Windrush Scandal.

When the coronavirus pandemic took hold in early 2020, WIC worked quickly to coordinate and relay the Government of Anguilla messaging around health, safety and travel restrictions to the general public. Mrs Blondel Cluff CBE, Chief Executive of the West India Committee, stood down from her role as the Government of Anguilla's Overseas Representative in July 2020 following a change of government in June 2020. As such, the Government of Anguilla Overseas Office moved to a different office with new personnel, with WIC no longer being the host or providing employees as secondees. WIC manages the former Government of Anguilla Overseas Office Twitter page, which will remain unused as it is retained as an archival record of its work between 2016 and 2020.

The West India Committee's library and collection, that is inscribed by UNESCO as a Memory of the World, second only to a World Heritage Site, has been rendered more accessible to the public due to its return to the West India Committee Rooms and curation by the charity. This has been well received by the public globally, with the facility now being regularly used well beyond the confines of academia, attracting visitors from as far afield as California. Visitors to the library have included High Commissioners, Governors-General, Ministers of State and students from around the world. Similarly, our National Lottery Heritage Fund projects, The Caribbean's Great War and West Indians: Forefather of the Metropolitan Police, have generated global interest in the heritage of both the region and the West India Committee, supported by free online access to digitalised elements of the charity's library and collection, films, e-books and educational material that has been accessed by thousands, both in the UK and Caribbean to date, which is an example of how the legacies of these projects may continue, boosted by a digital platform. WIC also continues to support The Remembrance Trust on their work in the Caribbean, in their mission to find and restore monuments and graves of military personnel worldwide, dated prior to 1914.

Page 2

West India Committee

for the Year Ended 31 March 2021

Report of the Trustees

OBJECTIVES AND ACTIVITIES

WIC continued to work on a heritage project, The West Indian Soldier, tracking the relationship between the Caribbean and the British Army throughout history in a joint initiative with the National Army Museum. This includes the significant contributions that Caribbean Servicemen and Women have made to the Army over the past four centuries. The project showcased the charity's UNESCO inscribed collection and library, which includes important primary source material on the military history of the Caribbean, examples including Oliver Cromwell's conquest of Jamaica in 1655, first-hand accounts of the lives of soldiers in the Caribbean, the founding of the British West Indies Regiment for which WIC acted as an administrative body throughout the First World War, together with numerous other important, little known aspects of West Indian military heritage. The National Lottery Heritage Fund funded this project, which centred upon a temporary exhibition at the National Army Museum, that also contributed financially to the project. Lottery funding allowed the Committee to consolidate its online heritage materials into one single heritage portal (https://westindiacommittee.org/historyheritageculture). The heritage portal features materials from all our heritage projects to date, including virtual exhibitions, maps, images, documentary films, downloadable educational material and archival documents such as minutes, books and war diaries. The charity's future heritage outputs will also be made available through the portal. The project also encompassed a series of conferences, films and educational material made freely available to secondary schools in England and Wales as a means of enriching and diversifying the national curriculum, from a globally recognised and inscribed source, to better reflect the diverse communities that now comprise the UK.

Due to the COVID-19 pandemic, WIC has been predominantly working from home, meaning less people have had a chance to experience the WIC's collection in 2020/2021. Despite this, the charity continued to work effectively as an organisation in sharing the knowledge and material held in the WIC's archive and library through the new heritage portal, staff members' own expertise and our regular social media posts: (https://twitter.com/WI_Committee/status/1244911892000374784) (https://twitter.com/WI_Committee/status/1247441078887866369) (https://twitter.com/WI_Committee/status/1245278059827265538).

The charity also continued to publish the West India Committee Circular, first published in 1886, every quarter to keep the public up to date on the work of WIC and news of the Caribbean and its UK based diaspora, together with numerous topical articles (https://twitter.com/WI_Committee/status/1362014549516386304).

As part of Black History Month 2020, as well as publicising our own relevant material on social media, WIC worked closely with The Royal Mint, launching the new 'Diversity Built Britain' 50 pence coin with the Chancellor of the Exchequer and the Prime Minister, whereby the charity produced an education pack, endorsed by the Secretary of State for Education, that helped showcase black British history from pre-history to the Windrush era. These education packs together with the Diversity coin were sent to all primary schools in England and Wales, amounting to 18,099 schools (https://www.royalmint.com/our-coins/events/diversity-coin/). WIC also wrote the entries for an online interactive map of inspirational black Britons who have contributed significantly to the UK, that was produced by our partners, The Royal Mint (https://westindiacommittee.org/historyheritageculture/projects/diversity-built-britain/).

Page 3

West India Committee

Report of the Trustees for the Year Ended 31 March 2021

OBJECTIVES AND ACTIVITIES

The West India Committee continued to support its Chief Executive, Mrs Cluff, in her roles: Co-opted Member of the Commission on Race and Ethnic Disparities specialising in education (https://www.gov.uk/government/news/commission-on-race-and-ethnic-disparities-16-july-2020) and Chair of the corresponding sub-group of the Windrush Cross-Government Working Group. These are two important initiatives set up by government to address the issues facing black, Asian and minority ethnic (BAME) communities in the UK, including those affected by the Windrush scandal. Through the auspices of Mrs Cluff's work, WIC has led on the following initiatives: the enrichment of the National Curriculum to reflect Britain's diverse communities; support for military veterans originating in the Commonwealth in their bid to remain in the UK; securing the right of the illegitimate children of fathers from the British Overseas Territories to British citizenship; the implementation of the Equalities and Human Rights Commission Report on the Windrush Scandal (2020), WIC having successfully lobbied for and advised government on a new automatic compensation payment for Windrush victims of up to £100,000 that has now seen over £35 million remitted by the Home Office to victims of the Windrush Scandal, thereby securing a positive step change in the government compensation scheme (https://www.bbc.co.uk/news/uk-politics-55300494); in accordance with the Windrush Lessons Learnt Review, WIC produced a booklet and gave a brief lecture to the civil service entitled: An Introduction to West Indian Identity; and undertook a feasibility study for the creation of a permanent, policy literate representative body for the UK's Caribbean community: The Caribbean Chamber of Britain. As a legacy of this work undertaken in support of the community's relations with government WIC will adopt the role of a permanent, policy literate representative body, to address issues that adversely affect the Caribbean community in the UK, which will reside under the umbrella of the West India Committee as the only Royal Charter institution whose objects address the needs of the Caribbean community supported by its world renowned primary source data, collection and library, a role the West India Committee has undertaken over many generations, generating records and other material that is key to the solutions sought today. Below is an extract from page 187 of the report written by the Commission on Race and Ethnic Disparities:

Case study: The Royal Mint and West India Committee - 'Diversity Built Britain'

The Royal Mint collaborated with the West India Committee in their 'Diversity Built Britain' campaign to raise awareness of the nation's diversity. Alongside the launch of a new 50p diversity coin that placed 10 million coins in circulation, The Royal Mint worked with the West India Committee to create education material for schools. The education resource packs that have now been circulated to all 18,099 primary schools in England and Wales are aimed at illuminating fascinating stories and accounts of important and inspirational Black people that have lived, worked and studied in the UK. They not only illustrate that our society has been diverse throughout our long history, but seek to create rich materials that raise educational attainment and aspirations for all. https://www.royalmint.com/globalassets/kids/activitypacks/diversity-built-britain---black-british-history.pdf

This year we have continued to work towards diversifying our funding sources, with the aim of ensuring the charity is more resilient to unforeseen or external shocks. We would like to thank the Lund Trust, the National Lottery Community Fund, the National Lottery Heritage Fund, the Garfield Weston Foundation and the Culture Recovery Fund for their support during this challenging financial year when demand for our work has been extreme. Ultimately, the time to secure a permanent home for the charity, permitting permanent, easy public access to its services and resources that have been inscribed by UNESCO as a Memory of the World, second only to a World Heritage Site, must continue to be a goal to be pursued in the short to medium term, adding stability to the only Royal Charter institution of its kind in the UK at a time when its work on equality, inclusion and diversity together with levelling up the life chances of West Indians is in huge demand throughout the UK. The West India Committee continues to work to identify suitable locations and explore the potential to remain in its present location that once housed the West Indian Club which the charity administered from the mid-1800s. The current office in Whitehall Court is therefore not only of historic relevance to the charity, but is located in a neutral postcode that does not present barriers for vulnerable young West Indians. Moreover, it has the added advantage of being in close proximity to the government departments with which we work, enhancing our interaction with government due to the convenient logistics. As such, a permanent home in this setting and location would be preferable.

Page 4

West India Committee

for the Year Ended 31 March 2021

Report of the Trustees

OBJECTIVES AND ACTIVITIES

Over the past years, many of the young members of staff that have joined the West India Committee have come from long term unemployment and other challenging circumstances such as homelessness. By providing them with support, experience, education, training and employment tailored to their interests and strengths, together with a steady income, our organisation has sought to realise their professional aspirations, launching many on a successful pathway. The charity supports the development of their skills, confidence and employability by providing them with professional experiences. This has proved to be a rare approach that few of their peers, of a similar age, are experiencing elsewhere. This makes a fundamental difference to the lives and future prospects of these young individuals who include people form a wide range of communities, whilst at the same time teaching them about the Caribbean and instilling respect for and appreciation of the region and its peoples. Some remain working with us to this day, whilst others have moved on to bright futures elsewhere, having attained qualifications, including Masters degrees and professional qualifications due the support the charity provides. To this end, the charity is unique in focusing on this often-overlooked cohort of untapped potential, propelling them into professional employment and further education that will lead them into the professions and sustainable prosperity.

To conclude, the work of the West India Committee during the 2020/2021 financial year continued to improve the general welfare of the peoples of the Caribbean and the societies in which they live and work globally, through the auspices of education, training, advice, advocacy and where necessary, acting as an umbrella organisation during one of the most demanding periods the world has known for generations.

Social responsibility

The West India Committee is dedicated to ensuring our outlook in business and diplomacy is tied in with our philosophy of always being socially responsible. Ensuring people in the Caribbean and West Indians globally prosper is centrally important to the Committee, we aim to promote social cohesion in all ventures undertaken. We believe this prosperity is only achievable through education and training and we ensure that those two essential aspects of human development are incorporated into all our projects and work.

Public benefit

The Trustees confirm that they have complied with their duty under Section 17(5) of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit. The West India Committee carries out a wide range of activities in furtherance of its charitable objectives, as explained above. Where possible we have attempted to quantify the number of direct beneficiaries, and we also believe the community-building aspects of these activities provide benefit to the wider public both in the areas where we work and beyond.

Financial review

The charity's income decreased by 30.26% to £228,350 for the financial year ending 31st March 2021 (2020: £328,076). There was a net increase in funds of £6,099 for the year (2020: increase of £99,900).

Expenditure on charitable activities had decreased to £222,251 (2020: £228,176).

The WIC’s financial strategy continues to be to seek operational efficiencies to further drive down overhead costs and to increase income from existing charitable activities, as well as seeking to exploit new sources of income e.g. to support the delivery of its core objectives.

Reserve

The trustees' policy is that the balance of reserves held by WIC should be equal to between one and three months of the organization's running costs, which in monetary terms means approximately £20k to £60k based on the figures in these accounts. The trustees believe this level of reserves will provide short term financial stability and allow time to secure alternative sources of funding, in the event of a significant drop in income.

During the period reserves, which are shown as unrestricted funds in the balance sheet, rose from £130,618 to £171,758 and at the end of the period they were equivalent to approximately 8.5 months of expenditure. This shows a stable development over the last few years and is within the 1-3 month target range.

Page 5

West India Committee

for the Year Ended 31 March 2021

Report of the Trustees

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The West India Committee (WIC) was registered as a UK charity in 1969 and incorporated by Royal Charter in 1904. The Royal Charter as amended by Supplemental Charters dated 12th December 1972 and 26th August 1977 and rules adopted on the 29th November 1948, together with the conventions and practices thereunder governs WIC. Under the terms of the said Royal Charter, WIC is constituted as a company limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

The Directors of the Charity are also Charity Trustees for the purposes of Charity Law. The Directors of the Charity are referred to in this report as Trustees.

The Board of Trustees may also appoint any member of the Charity to be a Trustee, either to fill a vacancy, or to increase their number.

Organisational structure

WIC has a Board of Trustees, who meets a minimum of twice a year. Trustees come from a variety of backgrounds and share the core objective of promoting the general welfare of the peoples of the West Indies and the societies in which they live and work. Each Trustee is a Director of WIC and provides their services on a voluntary basis.

The Board of Trustees is responsible for approving the Strategic Plan of WIC, as recommended by the Chief Executive. The Trustees are also responsible for ensuring that WIC's resources are correctly expended in pursuit of its charitable objective. The Board of Trustees has delegated daily management of WIC to the Chief Executive.

One standing committee, namely the Finance Sub-Committee of WIC, supports the Board of Trustees. Its membership comprises the President, a Trustee and the Chief Executive.

Induction and training of new trustees

New Trustees have an informal induction with the Chief Executive, during which their role and legal responsibilities are explained.

All members of the Board of Trustees are experienced in the role of Trustee of a small charity and familiar with the Caribbean, its peoples and their needs.

Risk assessment

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

(England and Wales)

Registered Charity number

258545

Registered office

Suite 53 3 Whitehall Court Whitehall London SW1A 2EL

Trustees

Mr P Odle Maj. D Rankin-Hunt Mr P Beckingham Sir R Williams (appointed 1.7.2020) V F Banks (appointed 1.10.2021)

Page 6

West India Committee

for the Year Ended 31 March 2021

Report of the Trustees

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

Narges Cyroos BSc FCA Chartered Accountant Sterling Partners Limited Chartered Accountants Chartered Tax Advisors 2nd Floor, Grove House 774-780 Wilmslow Road Didsbury Manchester Greater Manchester M20 2DR

27 January 2022 Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ Trustee

Page 7

Independent Examiner's Report to the Trustees of West India Committee

Independent examiner's report to the trustees of West India Committee ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Narges Cyroos BSc FCA Chartered Accountant Sterling Partners Limited Chartered Accountants Chartered Tax Advisors 2nd Floor, Grove House 774-780 Wilmslow Road Didsbury Manchester Greater Manchester M20 2DR

Date: ..... 27 January 2022 ............

Page 8

West India Committee

Statement of Financial Activities for the Year Ended 31 March 2021

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
228,350
Other trading activities
3
-
Total
228,350
EXPENDITURE ON
Charitable activities
4
Governance costs
3,600
Other
180,745
Total
184,345
NET INCOME/(EXPENDITURE)
44,005
Transfers between funds
13
(2,865)
Net movement in funds
41,140
RECONCILIATION OF FUNDS
Total funds brought forward
130,618
TOTAL FUNDS CARRIED FORWARD
171,758		 Restricted
fund
£
-
-
-
-
37,906
37,906
(37,906)
2,865
(35,041)
45,884
10,843		 2021
Total
funds
£
228,350
-
228,350
3,600
218,651
222,251
6,099
-
6,099
176,502
182,601		 2020
Total
funds
£
327,428
648
328,076
3,600
224,576
228,176
99,900
-
99,900
76,602
176,502

The notes form part of these financial statements

Page 9

West India Committee

Balance Sheet

31 March 2021

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
9
-
CURRENT ASSETS
Debtors
10
24,000
Cash at bank
157,064
181,064
CREDITORS
Amounts falling due within one year
11
(9,306)
NET CURRENT ASSETS
171,758
TOTAL ASSETS LESS CURRENT
LIABILITIES
171,758
NET ASSETS
171,758
FUNDS
13
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
fund
£
-
-
10,843
10,843
-
10,843
10,843
10,843		 2021
Total
funds
£
-
24,000
167,907
191,907
(9,306)
182,601
182,601
182,601
171,758
10,843
182,601		 2020
Total
funds
£
1,270
24,000
159,948
183,948
(8,716)
175,232
176,502
176,502
130,618
45,884
176,502

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 27 January 2022

............................................. Trustee

The notes form part of these financial statements

Page 10

West India Committee

Notes to the Financial Statements for the Year Ended 31 March 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on cost Computer equipment - 25% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Vat

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

continued...

Page 11

West India Committee

Notes to the Financial Statements - continued for the Year Ended 31 March 2021

2. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Donations
Grants received		 2021
£
180,520
47,830
228,350		 2020
£
279,028
48,400
327,428

During the year the Charity was in receipt of the grants and donations in support of the following activities:

Core
Government of Anguilla 24,500
Lund Trust 50,000
Culture Recovery Fund 106,020
National Lottery Community Fund 47,830
228,350

This year the charity has continued to work towards diversifying its funding sources, with the aim of ensuring the charity is more resilient to unforeseen or external shocks.

The Charity was in receipt of the grant, the West Indian Soldier, from the National Lottery Heritage Fund.

3. OTHER TRADING ACTIVITIES

2021
£
Book sales
-
CHARITABLE ACTIVITIES COSTS
Governance costs
Other		 2020
£
648
Direct
Costs
£
3,600
218,651
222,251

4. CHARITABLE ACTIVITIES COSTS

5. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2021 2020
£ £
Depreciation - owned assets 1,270 1,762
Other operating leases 48,000 48,000

continued...

Page 12

West India Committee

Notes to the Financial Statements - continued for the Year Ended 31 March 2021

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.

7. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2021
£
133,750
10,821
3,046
147,617		 2020
£
127,000
10,954
2,957
140,911

The average monthly number of employees during the year was as follows:

Management
Operations		 2021
1
2
3		 2020
1
2
3

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

£60,001 - £70,000
8.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
279,028
Other trading activities
648
Total
279,676
EXPENDITURE ON
Charitable activities
Governance costs
3,600
Other
195,655
Total
199,255
NET INCOME
80,421		 2021
1
Restricted
fund
£
48,400
-
48,400
-
28,921
28,921
19,479		 2020
1
Total
funds
£
327,428
648
328,076
3,600
224,576
228,176
99,900

continued...

Page 13

West India Committee

Notes to the Financial Statements - continued for the Year Ended 31 March 2021

8.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
fund
fund
£
£
RECONCILIATION OF FUNDS
Total funds brought forward
50,197
26,405
TOTAL FUNDS CARRIED FORWARD
130,618
45,884
9.
TANGIBLE FIXED ASSETS
Fixtures
and
Computer
fittings
equipment
£
£
COST
At 1 April 2020 and 31 March 2021
5,975
16,846
DEPRECIATION
At 1 April 2020
5,132
16,419
Charge for year
843
427
At 31 March 2021
5,975
16,846
NET BOOK VALUE
At 31 March 2021
-
-
At 31 March 2020
843
427
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
£
Rent deposit
24,000
11.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
£
Social security and other taxes
4,495
Pension creditor
611
Accrued expenses
4,200
9,306		 Total
funds
£
76,602
176,502
Totals
£
22,821
21,551
1,270
22,821
-
1,270
2020
£
24,000
2020
£
3,941
575
4,200
8,716

continued...

Page 14

West India Committee

Notes to the Financial Statements - continued for the Year Ended 31 March 2021

12. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years		 2021
£
48,000
60,000
108,000		 2020
£
48,000
108,000
156,000

13. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS
Net movement in funds, included in the above are as
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS		 At 1.4.20
£
130,618
45,884
176,502
follows:		 Net
movement
in funds
£
44,005
(37,906)
6,099
Incoming
resources
£
228,350
-
228,350
At 1.4.19
£
50,197
26,405
76,602		 Transfers
between
At
funds
31.3.21
£
£
(2,865)
171,758
2,865
10,843
-
182,601
Resources
Movement
expended
in funds
£
£
(184,345)
44,005
(37,906)
(37,906)
(222,251)
6,099
Net
movement
At
in funds
31.3.20
£
£
80,421
130,618
19,479
45,884
99,900
176,502		 At
31.3.21
£
171,758
10,843
182,601
6,099
At
31.3.20
£
130,618
45,884
176,502

Page 15

continued...

West India Committee

Notes to the Financial Statements - continued for the Year Ended 31 March 2021

13. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
279,676
Restricted funds
Restricted fund
48,400
TOTAL FUNDS
328,076
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
At 1.4.19
in funds
£
£
Unrestricted funds
General fund
50,197
124,426
Restricted funds
Restricted fund
26,405
(18,427)
TOTAL FUNDS
76,602
105,999		 Resources
Movement
expended
in funds
£
£
(199,255)
80,421
(28,921)
19,479
(228,176)
99,900
Transfers
between
At
funds
31.3.21
£
£
(2,865)
171,758
2,865
10,843
-
182,601

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS
Transfers between funds		 Incoming
resources
£
508,026
48,400
556,426		 Resources
Movement
expended
in funds
£
£
(383,600)
124,426
(66,827)
(18,427)
(450,427)
105,999

An amount of £2,865 was transferred from the general fund to restricted to cover some of the staff cost.

Page 16

continued...

West India Committee

Notes to the Financial Statements - continued for the Year Ended 31 March 2021

14. RELATED PARTY DISCLOSURES

The Charity received contributions from the Government of Anguilla during the year as stated in Note 2 (2020: £50,326). Blondell Cluff was also the representative to Government of Anguilla for UK and EU to summer 2020.

15. INDEPENDENT EXAMINER REMUNERATION

The independent examiner remuneration for the year was £3,600 (2020: £3,600).

16. KEY MANAGEMENT PERSONNEL

The trustees consider the board of trustees together with Mrs Blondel Cluff its key management personnel.

Salaries for the key management personnel in the year was £63,500 (2020: £60,000).

Page 17

West India Committee

Detailed Statement of Financial Activities for the Year Ended 31 March 2021

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants received
Other trading activities
Book sales
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Other operating leases
Insurance
Light and heat
Telephone
Postage and stationery
Business rates
Office expenses
Accountancy and legal
Subscription
Computer services
Professional expenses
Printing and advertising
Travel and subsistence
Books & Research
Depreciation of tangible fixed assets
Bank Charges
Total resources expended
Net income		 2021
£
180,520
47,830
228,350
-
228,350
133,750
10,821
3,046
48,000
307
561
2,829
6
2,509
1,022
5,568
844
7,520
3,042
740
228
40
1,270
148
222,251
222,251
6,099		 2020
£
279,028
48,400
327,428
648
328,076
127,000
10,954
2,957
48,000
304
791
6,558
1,472
2,470
3,833
6,908
3,624
4,461
-
3,819
2,501
427
1,762
335
228,176
228,176
99,900

This page does not form part of the statutory financial statements

Page 18