Registered number: 01983362 Charity number: 293588
Newham African Caribbean Centre
FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31/03/2025
Newham African Caribbean Centre
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2025
TRUSTEES V JOHN N HOLLIGAN N HALL J FOSTER R HOPE V BROWN D CLARK A GRAZETTE
REGISTERED OFFICE 627-633 Barking Road London E13 9EZ
COMPANY NUMBER
01983362
CHARITY NUMBER 293588
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Newham African Caribbean Centre
||ACCOUNTS||
|---|---|---|
||FOR THE YEAR ENDED 31/03/2025||
|CONTENTS|||
|||Page|
|Reportof theTrustees||3|
|Independent Examiner'sStatement||4|
|Statement of Financial Activities||5|
|BalanceSheet||6|
|Notes to theAccounts||7to9|
|Detailed Statement of Financial Activities||10|
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Newham African Caribbean Centre
FOR THE YEAR ENDED 31/03/2025
## TRUSTEES' REPORT
The trustees present their report and accounts for the year ended 31/03/2025
PRINCIPAL ACTIVITIES
The principal activity of the charity in the Year under review was that of running a community cultural Centre.
STRUCTURE GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the Board of Trustees on 15/12/2025
## V JOHN
Trustee
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Newham African Caribbean Centre
## INDEPENDENT EXAMINER'S STATEMENT
FOR THE YEAR ENDED 31/03/2025
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEWHAM AFRICAN CARIBBEAN CENTRE
I report on the accounts of the company for the year ended 31/03/2025.
## RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINERS STATEMENT
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINERS STATEMENT
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
...................................................
Date: 15/12/2025
E H TURKSON ACMA
HESSE ARMAH ACCOUNTANTS
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Newham African Caribbean Centre
## Statement of Financial Activities
for the year ended 31/03/2025
|Income
Incomefrom generated funds
Donations andGrants
Incomefrom charitable activities
TotalIncome and endowments
Expenses
Costsof generating funds
Expenditureon Charitable activities
TotalExpenses
Net gains on investments
NetIncome
Gains/(losses) onrevaluation of fixed assests
Netmovementinfunds:
Net income fortheyear
Total fundsbrought forward
Net funds carriedforward|Unrestricted
funds
£
30,290
81,348
111,638
165,889
165,889
(54,251)
(54,251)
98,859
44,608|Restricted
funds
£
-
-
-
-
-
-
-
-
-|2025
Total
£
30,290
81,348
111,638
165,890
165,890
(54,252)
(54,252)
98,859
44,607|2024
Total
£
86,967
87,379|
|---|---|---|---|---|
|||||174,346|
|||||129,468|
|||||129,468|
|||||44,878|
|||||44,878
53,981|
|||||98,859|
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
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Newham African Caribbean Centre
|BALANCE SHEET AT 31/03/2025
FIXED ASSETS
Tangible assets
CURRENTASSETS
Cashat bank and in hand
CREDITORS: Amountsfalling duewithin oneyear
NET CURRENTASSETS
TOTALASSETSLESS CURRENT LIABILITIES
Notes
4
5
CAPITALANDRESERVES
Unrestricted funds
General fund
7|72,862
72,862
30,905|2025
£
2,650
41,957
44,607
44,607
44,607|
122,037
122,037
26,209|2024
£
3,031
95,828|
|---|---|---|---|---|
|||||98,859|
|||||98,859|
|||||98,859|
For the year ending 31/03/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of tr ustees on 15/12/2025 and signed on their behalf by
.............................
V JOHN
Trustee
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Newham African Caribbean Centre
## NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
## 1. ACCOUNTING POLICIES
## 1a. Basis of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## 1b. Incoming R esour ces
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## 1c. R esour ces Expended
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.
## 1d. Allocation and Apportionment Of C osts
All costs relate to the single activity of the charitable company and are recognised accordingly.
## 1e. 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.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
## 1f. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildings Plant and Machinery Fixtures and Fittings Equipment
reducing balance 10% reducing balance 20% reducing balance 20% reducing balance 20%
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Newham African Caribbean Centre
## 1g. Pension C osts
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
## 1h. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
## 1i. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.
## 2. EMPLOYEES
|Averagenumberofemployees
3. PENSIONCONTRIBUTIONS
Pension contributions|2025
No.
4
2025
£
-
-|2024
No.
4
2024
£
2,174|
|---|---|---|
|||2,174|
4. TANGIBLE FIXED ASSETS
|Cost
At 01/04/2024
At 31/03/2025
Depreciation
At 01/04/2024
For the year
At 31/03/2025
NetBookAmounts
At 31/03/2025
At 31/03/2024|Land
And
Buildings
£
13,431
13,431
11,180
225
11,405
2,026
2,251|Plant and
Machinery
£
1,311
1,311
978
67
1,045
266
333|Fixtures
and
Fittings
£
40,903
40,903
40,838
13
40,851
52
65|Equipment
£
3,534
3,534
3,152
76
3,228
306
382|Total
£
59,179|
|---|---|---|---|---|---|
||||||59,179|
||||||56,148
381|
||||||56,529|
||||||2,650|
||||||3,031|
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Newham African Caribbean Centre
## 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|5. CREDITORS: AMOUNTS FALLINGDUE WITHIN ONE YEAR|||
|---|---|---|
|Taxationandsocialsecurity
Othercreditors|2025
£
26,005
4,900
30,905|2024
£
23,809
2,400|
|||26,209|
## 6. LIMITED BY GUARANTEE
The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £1, to the company should it be wound up. At 31/03/2025 there were 6 members.
## 7. UNRESTRICTED FUNDS
|General fund|Brought
forward
£
98,859
98,859|Incoming
resources
£
111,638
111,638|Outgoing
resources
£
(165,890)
(165,890)|Transfers
£
-
-|Carried
forward
£
44,607
44,607|
|---|---|---|---|---|---|
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Newham African Caribbean Centre
|**IncomingResources**
fortheyearended31/03/2025
**Incomingresources**
Incomingresourcesfromgeneratedfunds
Grants
LBof Tower Hamlets
Other
SNBIncome
OtherIncome
Charitable Activity
Lettings|20,652
9,638
-
81,348|2025
£
20,652
9,638
30,290
81,348
81,348
111,638|62,262
24,255
450
87,379|2024
£
62,262
24,705|
|---|---|---|---|---|
|||||86,967|
|||||87,379|
|||||87,379|
|||||174,346|
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Newham African Caribbean Centre
|**Expenses**
**Costs of generatingfunds**
**Charitable Activities**
Advertisementand Promotion
Staff Travel
Grantsto Partners
Rates
Heat and light
Cleaning
Repairs andrenewals
Healthand Safety
Licences and Registrations
Salaries
Pension contributions
Volunteers' Expenses
Staff Welfare
SundryEquipment
AccountancyFees
Professional fees
Stationery& office supplies
PhotocopierExpenses
Telephone
Anniversaries and Events
50+FriendlyGroup
SNBExpenses
Bankcharges
Depreciation of Improvement to Property
Depreciation of plantand machinery
Depreciation of fixtures and fittings
Depreciation ofequipment
Expenses
fortheyearended31/03/2025|2025
£
919
935
26,410
4,806
8,152
1,821
613
2,218
175
102,621
-
2,548
-
2,426
1,500
1,000
120
3,544
757
2,530
303
1,272
840
224
67
13
76
165,890
165,890|2024
£
500
581
-
4,517
11,109
1,990
239
-
335
76,839
2,174
-
1,780
-
1,500
2,922
1,036
1,805
2,522
1,571
-
16,823
780
251
83
16
95|
|---|---|---|
|||129,468|
||||
|||129,468|
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