REGISTERED COMPANY NUMBER: (England and Wales) REGISTERED CHARITY NUMBER: 258545
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
West India Committee
West India Committee
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 6 |
| 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 2025
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 2024. 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:
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Agriculture
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Manufacturing Industries
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Trade
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 in order to achieve their sustainable prosperity..
Our vision
Our vision is to utilise the West India Committee in its capacity as a nongovernmental organisation, and charity 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, work and study 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, work and study globally, providing a means whereby West Indians may themselves resolve the issues that have 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 has continued to address the ongoing major challenges that Caribbean communities have faced during the course of this year.
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West India Committee
Report of the Trustees for the Year Ended 31 March 2025
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 others, including fellow charities, institutions, NGOs, companies, and government departments, overcoming the many and various hurdles that continue to hinder the attainment of sustainable prosperity by many West Indians today. We endeavour to improve the general welfare of the peoples of the Caribbean through the auspices of education, training, advocacy, advice and where necessary acting as an umbrella organisation. As a globally recognised and respected source of invaluable information on the Caribbean region and its peoples spanning over 1,500 years, the West India Committee empowers the community and those that seek to work with it to address its challenges, equipped with a more comprehensive insight into the networks and relationships that underpin Caribbean identity. In so doing, the charity recognises the need to achieve sustainable prosperity for all and as such endeavours to promote agriculture manufacturing trade and industry wherever practicable as a means of providing an economic framework in which it may be delivered..
Like so many small charities, the West India Committee, its beneficiaries and benefactors, continue to feel the negative effects of the current economic climate and the cost-of-living crisis as the world recovers from the devastating pandemic. As shown throughout its 290-year history in which similar events have occurred, the charity has sought to turn a problem into a solution, using this period of global uncertainty to build its resilience and preparedness for the future. This includes refreshing its Royal Charter, redefining its accommodation needs and identifying new, refreshing its membership, together with identifying sustainable sources of income that will allow the charity more freedom to focus on delivery of its charitable objectives that centre upon social cohesion and social mobility. The charity is building on the lessons we have all learnt from the pandemic whilst acknowledging the ever-increasing tensions that are mounting due to the contagion of race and migration that adversely affect an already marginalised and therefore vulnerable community that is a long-established contributor to the development of societies such as that of the UK. Whilst continuing to support the resolution of the Windrush Scandal and other related matters, work progresses on developing the new strategic plan, partnerships and networks needed to ensure that the Committee remains fit for purpose for the next generation and is capable of generating tangible support for a significant number of beneficiaries beyond its disaster relief, government advice and economic development work.
Much of the charity’s work during the year focused on the UK, particularly the completion of our two-year project Your West India Committee Collection and Library: The Next Chapter , generously supported by a grant from the National Lottery Heritage Fund and National Lottery players. The Committee continued to run sessions designed to help people of Caribbean and other origins explore their ancestry, heritage and links to the Caribbean, using the charity’s library, archive and collection. These ‘Who Do You Think You Are ?’-style sessions have demonstrated the extremely diverse nature of Caribbean heritage that embraces communities as far reaching as China, the Jewish community, India and Pakistan, the Middle East, Europe, Africa, and the oft-times forgotten indigenous Caribbean tribes demonstrating little known links between West Indians a myriad of other communities in a manner that facilitates social cohesion. They continue as a permanent part of our work following the completion of the project.
The West India Committee’s collection contains unique material that the charity seeks to make accessible to a wide audience, allowing scope for use ranging from specialist research to community-led projects. A digitisation programme has commenced and will be augmented by opportunities for training in. digitisation and innovative ways of disseminating digitised material.
Work continued on refreshing our Royal Charter to enable it to be used more effectively to embrace and support the next generation in education, training and employability. Legal advice as well as guidance has been received from a number of leading experts and interested parties, including the Privy Council and the Charity Commission.
The West India Committee's library, archive and collection that together are inscribed by UNESCO as a Memory of the World, ranking second only to a World Heritage Site, remains one of a few globally recognised and respected knowledge banks on the Caribbean region and its peoples, and continues to attract visitors from across the world. Visitors have included High Commissioners, Governors-General, Ministers of State, students, academic researchers and general members of the public from a wide range of communities across the world. As our period of transition continues, the charity has remained dedicated to facilitating access to our primary source materials through its digitisation programme, utilising the digitisation machine purchased during our last heritage project. This has allowed us to react to enquiries from all over the world on a variety of topics, digitising unique and rare works that are then made accessible through our heritage portal thereby reducing our carbon footprint and that of our users. Free online access will be maintained to digitised elements of the charity's library and collection, films, e-books and educational material and to date this material has been accessed by thousands, both in the UK, Caribbean and North America, with new material from the Committee’s collection being added regularly. The digitisation programme will be augmented by opportunities for training in digitisation and innovative ways of disseminating digitised material.
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West India Committee
Report of the Trustees for the Year Ended 31 March 2025
Since the end of the pandemic, the West India Committee’s outreach programmes have increased substantially through the delivery of talks, round tables, lectures and heritage events across the country. The charity also continues to collaborate with The Remembrance Trust in their work on the Caribbean, that entails the restoration of monuments and graves of military personnel worldwide, dated prior to 1914, and after 1945. The two charities continue to collaborate on work in Shirley Heights, Antigua, formerly one of the oldest British military bases in the region.
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 education, training and employment tailored to their personal interests and potential, together with a steady income, our organisation has sought to realise their professional aspirations, launching many on pathways to success. The charity supports the development of their skills, confidence and employability by providing them with professional experiences and bespoke roadmaps and support for personal development. This not only makes a fundamental difference to the lives and future prospects of these young individuals, but also their family, friends and wider community. It should be noted that our work is not limited to the people of the Caribbean alone, but encompasses all communities, as we believe there is much to learn from the Caribbean and the diverse range of people that have merged together over time to form its people. Through sharing this heritage and knowledge we continue to instil respect for and appreciation of the region and its peoples. This work is not confined to third parties but is much-needed within the community itself that continues to face major challenges in the outcomes of health, education, employment and the justice system in the UK, whilst combatting the ever increasing impact of climate change in the region that has regular and unavoidable consequences that often prove fatal.
The West India Committee seeks the best possible outcomes for its beneficiaries and volunteers, almost all of whom continue to work 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 West India Committee provides. The charity recognises the extensive untapped potential of the Caribbean community, wherever possible propelling them into professional employment and much-valued further education, in so doing disproving the negative stereotypes that have hindered the Caribbean community for generations, particularly in the UK.
This year we have continued to work towards identifying diverse sources of funding with the aim of ensuring the charity is more resilient to external shocks such as the pandemic. This has necessitated the forging of new networks for fundraising, and we have several fundraising events supported by our new networks planned in the future once the new Royal Charter is launched. We are also hoping to revitalise our membership in the coming months. We would like to thank Garfield Weston and our private donors for their support during this year, at what remains a very difficult time for small and medium-sized charities due to the wider global economic situation, and those of our staff that have continued to volunteer their services.
Planning began during this year for a Thanksgiving Service for Caribbean Service Personnel, both current and former, that was held at the Church of All-Hallows on the Wall in the City of London, which was successfully held on 11th June 2025. Developed and led by the West India Committee, it featured a parade of serving Caribbean Service Personnel, and cadets from various units within London. We were honoured with permission from the Royal Household to use the flags of the Caribbean Realms from His Majesty’s coronation, which the West India Committee had raised funds for, during the parade. It was intended that this becomes an annual event, and the Charity has begun taking steps to ensure that this is so.
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 in a manner that protects our planet.
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.
3
West India Committee
Report of the Trustees for the Year Ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Financial review
The charity's income decreased by 43% to £34,613 for the financial year ending 31st March 2025 (2024: £60,804). There was a net decrease in funds of £14,185 for the year (2024: net decrease of £61,883). Expenditure on charitable activities had decreased to £122,723 (2024: £122,723).
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 new sources of income 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 £1,500 to £4,500 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, showed a net increase from £3,877 to £20,251 and at the end of the period they were equivalent to approximately 13 months of expenditure, thus falling within the target range.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The West India Committee (WIC) was incorporated by Royal Charter in 1904 and registered as a UK charity in 1969. 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, study 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.
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West India Committee
Report of the Trustees for the Year Ended 31 March 2025
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
(England and Wales)
Registered Charity number
258545
Registered office
c/o The Remembrance Trust, Rooms M22-24 Lord Warden House, Lord Warden Square, Dover, Kent CT17 9EQ
Trustees
The Most Honourable Mr. P.J. Odle FB Mr. P. Beckingham Sir R. Williams GCMG, KGN, KStJ Mr. V. F. Banks Mr. M. Forde KC
Independent Examiner
Issa Associates Chartered Certified Accountants Suite 116, Cumberland House 80 Scrubs Lane London, NW10 6RF
5
West India Committee
Report of the Trustees
for the Year Ended 31 March 2025
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of West India Committee for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 26[th] January 2026 and signed on its behalf by:
........................................................................ Trustee
6
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 2025.
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:
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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
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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
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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.
………………………… Issa Associates Chartered Certified Accountants Suite 116, Cumberland House 80 Scrubs Lane London, NW10 6RF
Date: 16/01/2026
7
West India Committee
Statement of Financial Activities for the Year Ended 31 March 2025
| INCOME AND ENDOWMENTS FROM Notes Unrestricted fund £ Restricted fund £ Donations and legacies Other income sources Total 2 3 27,161 1,224 28,385 6,229 - 6,229 EXPENDITURE ON Charitable activities 4 Governance costs 720 - Other 12,011 36,067 Total 12,731 36,067 NET INCOME/(EXPENDITURE) 15,654 (29,838) RECONCILIATION OF FUNDS Total funds brought forward 3,877 29,970 TOTAL FUNDS CARRIED FORWARD 19,531 132 |
2025 Total funds £ 33,390 1,224 34,614 720 48,078 48,798 (14,184) 33,847 19,663 |
2024 Total funds £ 58,573 668 59,241 1,920 120,803 122,723 (61,883) 95,730 33,847 |
|---|---|---|
These notes form part of the financial statements
8
West India Committee
Balance Sheet 31 March 2025
| Unrestricted Restricted CURRENT ASSETS Notes fund £ fund £ Debtors 10 - - Cash at bank 20,251 132 20,251 132 CREDITORS Amounts falling due within one year 11 (720) 0 NET CURRENT ASSETS 19,531 132 TOTAL ASSETS LESS CURRENT LIABILITIES 19,531 132 NET ASSETS 19,531 132 FUNDS Unrestricted funds 13 Restricted funds TOTAL FUNDS |
2025 Total funds £ - 20,383 20,383 0 20,383 19,663 19,663 19,531 132 19,663 |
2024 Total funds £ - 34,706 |
2024 Total funds £ - 34,706 |
||
|---|---|---|---|---|---|
34,706 (859) |
|||||
| 33,847 | |||||
| 33,847 | |||||
| 33,847 | |||||
| 3,877 29,970 |
3,877 | ||||
33,847 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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:
............................................. Trustee
9
West India Committee
Notes to the Financial Statements for the Year Ended 31 March 2025
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.
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West India Committee
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
2. DONATIONS AND LEGACIES
| Gifts Donations Grants received |
2025 £ - 3,620 29,929 33,549 |
2024 £ 938 22,204 37,029 |
|---|---|---|
60,171 |
During the year the Charity was in receipt of the grants and donations in support of the following activities from the following donors:
| Unrestricted Assorted donations Membership subscriptions CAF - Staff donation Garfield Weston Foundation Restricted National Lottery Heritage Fund |
2025 £ 3,460 160 - 20,000 9,929 33,549 |
2024 £ 14,372 - 7,173 - 37,029 58,573 |
|
|---|---|---|---|
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, Your West India Committee Collection and Library: The Next Chapter , from the National Lottery Heritage Fund.
The charity received £0 Gifts-In-Kind (2024: £938).
3. OTHER INCOME SOURCES
4.
| CHARITABLE ACTIVITIES COSTS Governance costs Other Trading Activities Educational Book sales Image license Other income Refunds & Reimbursements |
2025 £ 2024 £ 352 0 200 100 512 568 1,064 668 |
Direct Costs £ 720 48,078 48,798 |
|---|---|---|
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West India Committee
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
5. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| Depreciation - owned assets Other operating leases |
2025 £ - 8,939 |
2024 £ - 22,886 |
|---|---|---|
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2025.
7. STAFF COSTS
| Wages and salaries Social security costs Other pension costs |
2025 £ 22,500 0 535 23,035 |
2024 £ 70,026 2,454 2,125 74,605 |
|---|---|---|
The average monthly number of employees during the year was as follows:
| Management Operations |
2025 0 1 1 |
2024 0 1 1 |
|---|---|---|
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
| £60,001 - £70,000 | 2025 0 |
2024 0 |
|---|---|---|
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West India Committee
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
| 8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted Total fund fund funds £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies Other Income Sources Total 21,544 668 22,212 37,029 - 37,029 58,573 668 59,241 EXPENDITURE ON Charitable activities Governance costs 1,920 - 1,920 Other 85,650 35,153 120,803 Total 87,570 35,153 122,723 NET INCOME/(EXPENDITURE) (63,759) 1,876 (61,883) Transfers between funds - - - Net movement in funds (63,759) 1,876 (61,883) RECONCILIATION OF FUNDS Total funds brought forward 67,636 28,094 95,730 TOTAL FUNDS CARRIED FORWARD 3,877 29,970 33,847 9. TANGIBLE FIXED ASSETS Fixtures and Computer fittings equipment Totals £ £ £ COST At 1 April 2024 and 31 March 2025 - - - DEPRECIATION At 1 April 2024 and 31 March 2025 - - - NET BOOK VALUE At 31 March 2025 - - - At 31 March 2024 - - - |
8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted Total fund fund funds £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies Other Income Sources Total 21,544 668 22,212 37,029 - 37,029 58,573 668 59,241 EXPENDITURE ON Charitable activities Governance costs 1,920 - 1,920 Other 85,650 35,153 120,803 Total 87,570 35,153 122,723 NET INCOME/(EXPENDITURE) (63,759) 1,876 (61,883) Transfers between funds - - - Net movement in funds (63,759) 1,876 (61,883) RECONCILIATION OF FUNDS Total funds brought forward 67,636 28,094 95,730 TOTAL FUNDS CARRIED FORWARD 3,877 29,970 33,847 9. TANGIBLE FIXED ASSETS Fixtures and Computer fittings equipment Totals £ £ £ COST At 1 April 2024 and 31 March 2025 - - - DEPRECIATION At 1 April 2024 and 31 March 2025 - - - NET BOOK VALUE At 31 March 2025 - - - At 31 March 2024 - - - |
8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted Total fund fund funds £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies Other Income Sources Total 21,544 668 22,212 37,029 - 37,029 58,573 668 59,241 EXPENDITURE ON Charitable activities Governance costs 1,920 - 1,920 Other 85,650 35,153 120,803 Total 87,570 35,153 122,723 NET INCOME/(EXPENDITURE) (63,759) 1,876 (61,883) Transfers between funds - - - Net movement in funds (63,759) 1,876 (61,883) RECONCILIATION OF FUNDS Total funds brought forward 67,636 28,094 95,730 TOTAL FUNDS CARRIED FORWARD 3,877 29,970 33,847 9. TANGIBLE FIXED ASSETS Fixtures and Computer fittings equipment Totals £ £ £ COST At 1 April 2024 and 31 March 2025 - - - DEPRECIATION At 1 April 2024 and 31 March 2025 - - - NET BOOK VALUE At 31 March 2025 - - - At 31 March 2024 - - - |
8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted Total fund fund funds £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies Other Income Sources Total 21,544 668 22,212 37,029 - 37,029 58,573 668 59,241 EXPENDITURE ON Charitable activities Governance costs 1,920 - 1,920 Other 85,650 35,153 120,803 Total 87,570 35,153 122,723 NET INCOME/(EXPENDITURE) (63,759) 1,876 (61,883) Transfers between funds - - - Net movement in funds (63,759) 1,876 (61,883) RECONCILIATION OF FUNDS Total funds brought forward 67,636 28,094 95,730 TOTAL FUNDS CARRIED FORWARD 3,877 29,970 33,847 9. TANGIBLE FIXED ASSETS Fixtures and Computer fittings equipment Totals £ £ £ COST At 1 April 2024 and 31 March 2025 - - - DEPRECIATION At 1 April 2024 and 31 March 2025 - - - NET BOOK VALUE At 31 March 2025 - - - At 31 March 2024 - - - |
|---|---|---|---|
| - (61,883) |
|||
| 95,730 | |||
| 33,847 | |||
- - - - |
|||
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West India Committee
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
| 10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Rent deposit | - | - | |
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Social security and other taxes | - | - | |
| Pension creditor | 0 | 139 | |
| Accrued expenses | 720 | 720 | |
| 720 | 859 | ||
| 12. | LEASING AGREEMENTS | ||
| Minimum lease payments under non-cancellable operating leases fall due as follows: | |||
| 2025 | 2024 | ||
| £ 0 | £ 0 | ||
| Within one year | |||
| Between one and five years | 0 | 0 | |
| 0 | 0 | ||
| 13. | MOVEMENT IN FUNDS |
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Net At movement At 31.3.24 £ in funds £ 31.3.25 £ 3,877 15,654 19,531 29,970 (29,838) 132 33,847 (14,184) 19,663 Incoming resources £ Resources expended £ Movement in funds £ 30,503 14,711 15,654 4,110 34,087 (29,838) 34,613 48,798 (14,184) 17 |
|---|---|
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West India Committee
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
13. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net movement Unrestricted funds At 1.4.23 £ in funds £ General fund 67,636 (63,759) Restricted funds Restricted fund 28,094 1,876 TOTAL FUNDS 95,730 (61,883) |
Transfers between At funds £ 31.3.24 £ - 3,877 - 29,970 - 33,847 |
|---|---|
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 23,811 | 87,570 | (63,759) |
| Restricted funds | |||
| Restricted fund | 37,029 | 35,153 | 1,876 |
| TOTAL FUNDS | 60,840 | 122,723 | (61,883) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net movement Unrestricted funds At 1.4.23 £ in funds £ General fund 67,636 (48,105) Restricted funds Restricted fund 28,094 (27,962) TOTAL FUNDS 95,730 (76,067) |
Transfers between funds £ - - - |
At 31.3.25 £ 19,531 132 19,663 |
|
|---|---|---|---|
15
West India Committee
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
13. MOVEMENT IN FUNDS - continued
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 £ 52,715 41,139 93,854 |
Resources Movement expended in funds £ £ (102,281) (49,566) (69,240) (28,101) (171,521) (77,667) |
|---|---|---|
No transfers between the funds were made in the year.
14. RELATED PARTY DISCLOSURES
There are no related party disclosures for this year.
15. INDEPENDENT EXAMINER REMUNERATION
The independent examiner’s remuneration for the year was £720 (2024: £720).
16. KEY MANAGEMENT PERSONNEL
The trustees consider the board of trustees together with Mrs Blondel Cluff CBE, DL its key management
personnel. Salaries for the key management personnel in the year was £0 (2024: £22,333).
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West India Committee
Detailed Statement of Financial Activities for the Year Ended 31 March 2024
| 2025 £ INCOME AND ENDOWMENTS Donations and legacies Gifts - Donations 3,460 Grants received 29,929 33,389 Other income sources Educational Book sales Image licenses Membership Refunds & Reimbursements 352 200 160 512 1,224 Total incoming resources 34,613 EXPENDITURE Charitable activities Wages 22,500 Social security - Pensions 535 Other operating leases 8,939 Insurance 316 Light and heat - Telephone and internet - Postage and stationery - Business rates - Office expenses 12,257 Accountancy and legal -930 Subscription - Computer services 3,229 Professional expenses - Printing and advertising - Travel and subsistence - Books & Research - Bank Charges 94 48,798 Total resources expended 48,798 Net (expenditure)/income (14,185) |
2024 £ 938 22,205 37,029 60,171 0 100 - 568 668 60,840 70,026 2,431 2,125 22,886 784 422 897 14 866 780 1,440 766 2,829 14,538 1,510 260 - 148 122,723 122,723 (61,883) |
|---|---|
This page does not form part of the statutory financial statements
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