**REGISTERED CHARITY NUMBER: 517068**
## **Report of the Trustees and**
## **Unaudited Financial Statements**
**for the Year Ended 31 March 2021**
## **for**
**Derby West Indian Community Association**
M. J. Shapcott & Co. Limited Chartered Accountants Charter House, Wyvern Court Stanier Way Derby DE21 6BF
**Derby West Indian Community Association**
## **Contents of the Financial Statements for the Year Ended 31 March 2021**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Balance Sheet**|7|
|**Notes to the Financial Statements**|8 to 16|
|**Detailed Statement of Financial Activities**|17 to 18|
**Derby West Indian Community Association**
## **Report of the Trustees for the Year Ended 31 March 2021**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of the Charities Statement of Recommended Practice (FRS 102).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives, aims and public benefit**
The Association aims to promote the benefit of the inhabitants of Derby with particular emphasis on people of West Indian heritage and to manage a community centre, providing social, cultural, educational and recreational activities. Also advocacy, information and support for and representing disadvantaged people.
## **Significant activities**
DWICA is now part of a National Portfolio Organisation (NPO) East Midlands Caribbean Carnival Arts Network (EMCCAN) through which it receives money from Arts Council England for the delivery of Derby Caribbean Carnival. Carnival is funded from 2018-2022. DWICA is also the Headquarters of EMCCAN. Big Lottery Grant for years 2018 - 2022 - Stronger together Project.
Funding is also provided by the Lottery Health Trust for our Health Project/Programme and by BBC Children in Need (CIN) for our Summer School.
The main activities undertaken during the year were:
- Organisation of the Derby Caribbean Carnival.
- Youth Programme - involving youth club.
- Educational Programme - Summer Scheme and educational trips.
- Arts Programme - costume design and make workshops, dance and drama group work etc.
- The Association set up ad hoc committees for Disaster Appeal.
- Elderly Programme - improving the health and social care of the elderly members - funded by Health Lottery
- (Health Calm).
Stronger Together Project (Big Lottery funded) - Capability and Safeguarding Training for staff and management.
## **Contribution of Volunteers**
In carrying out its activities the Charity makes considerable use of volunteers. The Charity has eight regular volunteers and some 50+ during the Carnival period. The value of volunteers' contribution has not been quantified.
The Trustees would like to thank all the volunteers for their contribution throughout the year.
## **FINANCIAL REVIEW**
## **Principal funding sources**
DWICA receives grants from a range of organisations including statutory authorities and we have detailed and robust financial controls and procedures in place for monitoring spending.
Grants are received from The People's Health Trust, which continues to support the Derby West Indian Community Association by providing funding which helps to pay for salaries, freelance workers, professional workers and refreshments. In doing so, this enables the charity to achieve it's objectives and continue to run efficiently.
Grants are also received from BBC Children in Need which fund the running costs of a 4 week summer school to help provide care, education and activities to those who require it during the busy summer period.
Page 1
**Derby West Indian Community Association**
## **Report of the Trustees for the Year Ended 31 March 2021**
## **FINANCIAL REVIEW**
## **Other Policy Development/Implementation**
The Charity has developed the following policies - vetting policy, fraud and corruption policy, child lost policy, security policy and safeguarding policy. Engagement of HR Policy Company for 3 years to manage DWICA issues.
## **Reserves policy**
It is the Trustees' policy to maintain reserves in unrestricted funds sufficient to meet current liabilities and provide a cushion against any fluctuations or delays in funding.
Through frugality, employing of energy savings devices and a team of hard working volunteers applying for small pots of funding, the Organisation has managed to stay afloat in difficult times.
## **FUTURE PLANS**
Applications are continually being made for staff funding, new projects and sustainability of the community centre, with special emphasis on commissioning services from the local authority around public health and Big Lottery Reaching Communities Funds for Community Development Work. To raise funds to replace the very old central heating system.
## **Staffing**
The organisation through its perseverance has secured four-year (2018 - 2022) funding from Big Lottery for staffing. The funding is for engagement and development work with our Children and Young People (CYP), Adults and Elder members of our community. We have also been able to secure an extension of a further two years funding from People's Health Trust to continue the Activities Co-ordinators Post and BBC CIN funding for our Summer School Project for 2018 - 2022. Four new staff have been employed using Big Lottery funding.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The Charity is controlled by its governing document, a Deed of Trust.
## **Election of Trustees**
The Officers of the Charity come up for election annually. One third of the Management Committee members shall retire at the Annual General Meeting but are eligible for re-election or re-appointment. All paid up members of the Association are circulated with invitations to nominate replacements for retiring Trustees for appointment at the Annual General Meeting.
Page 2
**Derby West Indian Community Association**
## **Report of the Trustees for the Year Ended 31 March 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Organisational structure**
The Trustees manage the Charity. The Trustees meet monthly on every third Friday of the month and are mostly concerned with policy matters and the proper functioning of the community centre. Officers present verbal monthly reports to the Committee. The Treasurer however monitors our budget and produces a three monthly written report of spending to the Management Committee.
Our Treasurer is extremely hands on and provides regular financial reports to our Management Committee meetings for discussion and approval. Other Committees and Working Groups are formed on a temporary basis as appropriate.
Responsibilities for the day to day management of the Charity lie with the Manager/Development Co-ordinator with powers and responsibilities approved by the Trustees - verbal monthly reports and written three monthly reports are received by the Trustees. The Manager/Development Co-ordinator is line managed by the Chairman or a delegated officer.
## **Induction and training of new General Committee members**
Trustees are provided with a handbook containing key documents. New Trustees are inducted by meeting with officers who explain their roles and responsibilities. Trustees are encouraged to attend appropriate external training events where these will facilitate the understanding of their role.
Some members of the Management Committee and staff received Safeguarding Training in 2019 but the training is ongoing.
## **Risk management**
The Trustees have examined the major risks to which the Charity is exposed, including possible claims in respect of the annual Caribbean Carnival and any issues arising from the use of the community centre and are satisfied that systems are in place to mitigate those risks. The Association is insured for employer, public liability and professional indemnity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
517068
## **Principal address**
Community/Cultural Centre Carrington Street Derby Derbyshire DE1 2ND
Page 3
**Derby West Indian Community Association**
## **Report of the Trustees for the Year Ended 31 March 2021**
## **Trustees**
G Mighty Chairman L G Newby Vice Chairman Miss A P Mighty Secretary Mrs M Mosley Asst. Secretary Mrs M Slater Treasurer Mrs M Dean Mrs J Coleman Mrs G Newell Mrs A M Palmer Mrs P H Samuel
## **Independent Examiner**
M. J. Shapcott & Co. Limited Chartered Accountants Charter House, Wyvern Court Stanier Way Derby DE21 6BF
Approved by order of the board of trustees on 15 October 2021 and signed on its behalf by:
G Mighty - Trustee
Page 4
**Independent Examiner's Report to the Trustees of Derby West Indian Community Association**
## **Independent examiner's report to the trustees of Derby West Indian Community Association**
I report to the charity trustees on my examination of the accounts of Derby West Indian Community Association (the Trust) for the year ended 31 March 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.
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 Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts 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.
Mrs K F Shapcott ICAEW M. J. Shapcott & Co. Limited Chartered Accountants Charter House, Wyvern Court Stanier Way Derby DE21 6BF
19 November 2021
Page 5
## **Derby West Indian Community Association**
## **Statement of Financial Activities for the Year Ended 31 March 2021**
|Notes
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
Carnival
Youth activities and summer school - BBC
Children in Need
Others
Healthy Active Lives - People's Health Trust
Stronger Together - Big Lottery
Slow Quick Slow
COVID Kitchen
Next Step
Other trading activities
2
Investment income
3
**Total**
**EXPENDITURE ON**
**Charitable activities**
4
Carnival
Youth activities and summer school - BBC
Children in Need
Others
Healthy Active Lives - People's Health Trust
Stronger Together - Big Lottery
Slow Quick Slow
COVID Kitchen
Next Step
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
-
-
54,273
-
-
-
-
-
3,312
152
57,737
-
-
56,652
-
-
-
-
-
56,652
1,085
76,338
77,423|Restricted
funds
£
49,625
15,000
15,000
2,000
119,863
-
132,310
23,063
(1)
-
356,860
37,735
15,234
4,181
1,546
78,013
-
63,510
5,661
205,880
150,980
318,882
469,862|2021
Total
funds
£
49,625
15,000
69,273
2,000
119,863
-
132,310
23,063
3,311
152
414,597
37,735
15,234
60,833
1,546
78,013
-
63,510
5,661
262,532
152,065
395,220
547,285|2020
Total
funds
£
79,279
12,310
8,027
14,000
117,660
10,000
-
-
23,895
450
265,621
80,096
8,051
27,318
24,186
94,675
1,033
-
-
235,359
30,262
364,958
395,220|
|---|---|---|---|---|
The notes form part of these financial statements
Page 6
## **Derby West Indian Community Association**
## **Balance Sheet 31 March 2021**
|Notes
**FIXED ASSETS**
Tangible assets
8
**CURRENT ASSETS**
Debtors
9
Prepayments and accrued income
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
10
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**ACCRUALS AND DEFERRED INCOME**
11
**NET ASSETS**
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
fund
£
15,274
6,015
625
59,015
65,655
(1,216)
64,439
79,713
(2,290)
77,423|Restricted
funds
£
149,862
-
-
320,233
320,233
(233)
320,000
469,862
-
469,862|2021
Total
funds
£
165,136
6,015
625
379,248
385,888
(1,449)
384,439
549,575
(2,290)
547,285
77,423
469,862
547,285|2020
Total
funds
£
168,707
6,015
635
222,681
229,331
(618)
228,713
397,420
(2,200)
395,220
76,338
318,882
395,220|
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 15 October 2021 and were signed on its behalf by:
G Mighty - Trustee
The notes form part of these financial statements
Page 7
**Derby West Indian Community Association**
## **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 charity, 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. 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.
## **Allocation and apportionment of costs**
The support costs are allocated to each activity pro-rata in proportion with the level of activity.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost Plant and machinery - 10% on reducing balance Fixtures and fittings - 15% on reducing balance Motor vehicles - 25% on reducing balance Computer equipment - 25% on cost
## **Taxation**
The charity is exempt from tax on its charitable activities. The charity's activities are currently outside the scope of VAT. Unrecovered VAT suffered is written off to the relevant expenditure.
## **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.
continued...
Page 8
**Derby West Indian Community Association**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## **1. ACCOUNTING POLICIES - continued**
## **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 charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
**2. OTHER TRADING ACTIVITIES**
|Car park income
Room hire
**INVESTMENT INCOME**
Deposit account interest
**CHARITABLE ACTIVITIES COSTS**
Carnival
Youth activities and summer school -
BBC Children in Need
Others
Healthy Active Lives - People's
Health Trust
Stronger Together - Big Lottery
COVID Kitchen
Next Step|Direct
Costs
£
15,231
5,084
5,485
463
508
42,554
5,349
74,674|2021
£
3,039
272
3,311
2021
£
152
Support
costs (see
note 5)
£
22,504
10,150
55,348
1,083
77,505
20,956
312
187,858|2020
£
12,830
11,065
23,895
2020
£
450
Totals
£
37,735
15,234
60,833
1,546
78,013
63,510
5,661
262,532|
|---|---|---|---|
## **3. INVESTMENT INCOME**
## **4. CHARITABLE ACTIVITIES COSTS**
continued...
Page 9
## **Derby West Indian Community Association**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## **5. SUPPORT COSTS**
|Governance
Other
costs
Totals
£
£
£
Carnival
22,504
-
22,504
Youth activities and summer school -
BBC Children in Need
10,150
-
10,150
Others
52,714
2,634
55,348
Healthy Active Lives - People's Health
Trust
1,083
-
1,083
Stronger Together - Big Lottery
77,505
-
77,505
COVID Kitchen
20,956
-
20,956
Next Step
312
-
312
185,224
2,634
187,858
**6.**
**TRUSTEES' REMUNERATION AND BENEFITS**
2021
2020
£
£
Trustees' fees
-
580
**Trustees' expenses**
The following trustees were reimbursed for expenditure made on behalf of the charity during the year:-
2021
2020
£
£
Mr G Mighty
848
1,426
Mrs M Slater
492
871
Miss A P Mighty
397
553
**7.**
**STAFF COSTS**
2021
2020
£
£
Wages and salaries
89,325
100,763
Other pension costs
1,260
1,437
90,585
102,200
The average monthly number of employees during the year was as follows:
2021
2020
Staff
8
6|Governance
Other
costs
Totals
£
£
£
Carnival
22,504
-
22,504
Youth activities and summer school -
BBC Children in Need
10,150
-
10,150
Others
52,714
2,634
55,348
Healthy Active Lives - People's Health
Trust
1,083
-
1,083
Stronger Together - Big Lottery
77,505
-
77,505
COVID Kitchen
20,956
-
20,956
Next Step
312
-
312
185,224
2,634
187,858
**6.**
**TRUSTEES' REMUNERATION AND BENEFITS**
2021
2020
£
£
Trustees' fees
-
580
**Trustees' expenses**
The following trustees were reimbursed for expenditure made on behalf of the charity during the year:-
2021
2020
£
£
Mr G Mighty
848
1,426
Mrs M Slater
492
871
Miss A P Mighty
397
553
**7.**
**STAFF COSTS**
2021
2020
£
£
Wages and salaries
89,325
100,763
Other pension costs
1,260
1,437
90,585
102,200
The average monthly number of employees during the year was as follows:
2021
2020
Staff
8
6|Governance
Other
costs
Totals
£
£
£
Carnival
22,504
-
22,504
Youth activities and summer school -
BBC Children in Need
10,150
-
10,150
Others
52,714
2,634
55,348
Healthy Active Lives - People's Health
Trust
1,083
-
1,083
Stronger Together - Big Lottery
77,505
-
77,505
COVID Kitchen
20,956
-
20,956
Next Step
312
-
312
185,224
2,634
187,858
**6.**
**TRUSTEES' REMUNERATION AND BENEFITS**
2021
2020
£
£
Trustees' fees
-
580
**Trustees' expenses**
The following trustees were reimbursed for expenditure made on behalf of the charity during the year:-
2021
2020
£
£
Mr G Mighty
848
1,426
Mrs M Slater
492
871
Miss A P Mighty
397
553
**7.**
**STAFF COSTS**
2021
2020
£
£
Wages and salaries
89,325
100,763
Other pension costs
1,260
1,437
90,585
102,200
The average monthly number of employees during the year was as follows:
2021
2020
Staff
8
6|Governance
Other
costs
Totals
£
£
£
Carnival
22,504
-
22,504
Youth activities and summer school -
BBC Children in Need
10,150
-
10,150
Others
52,714
2,634
55,348
Healthy Active Lives - People's Health
Trust
1,083
-
1,083
Stronger Together - Big Lottery
77,505
-
77,505
COVID Kitchen
20,956
-
20,956
Next Step
312
-
312
185,224
2,634
187,858
**6.**
**TRUSTEES' REMUNERATION AND BENEFITS**
2021
2020
£
£
Trustees' fees
-
580
**Trustees' expenses**
The following trustees were reimbursed for expenditure made on behalf of the charity during the year:-
2021
2020
£
£
Mr G Mighty
848
1,426
Mrs M Slater
492
871
Miss A P Mighty
397
553
**7.**
**STAFF COSTS**
2021
2020
£
£
Wages and salaries
89,325
100,763
Other pension costs
1,260
1,437
90,585
102,200
The average monthly number of employees during the year was as follows:
2021
2020
Staff
8
6|
|---|---|---|---|
|||2021
£
848
492
397|2020
£
1,426
871
553|
|||2021
£
89,325
1,260
90,585
2021
8|2020
£
100,763
1,437
102,200
2020
6|
continued...
Page 10
**Derby West Indian Community Association**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## **7. STAFF COSTS - continued**
No employees received emoluments in excess of £60,000.
## **8. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2020
Additions
At 31 March 2021
**DEPRECIATION**
At 1 April 2020
Charge for year
At 31 March 2021
**NET BOOK VALUE**
At 31 March 2021
At 31 March 2020
**COST**
At 1 April 2020
Additions
At 31 March 2021
**DEPRECIATION**
At 1 April 2020
Charge for year
At 31 March 2021
**NET BOOK VALUE**
At 31 March 2021
At 31 March 2020|Freehold
property
£
209,999
-
209,999
60,000
4,000
64,000
145,999
149,999
Motor
vehicles
£
9,400
-
9,400
9,324
19
9,343
57
76|Plant and
machinery
£
6,650
-
6,650
5,794
86
5,880
770
856
Computer
equipment
£
25,495
4,175
29,670
17,899
2,213
20,112
9,558
7,596|Fixtures
and
fittings
£
55,217
110
55,327
45,037
1,538
46,575
8,752
10,180
Totals
£
306,761
4,285
311,046
138,054
7,856
145,910
165,136
168,707|
|---|---|---|---|
continued...
Page 11
**Derby West Indian Community Association**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
|**9.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Taxation and social security
**11.**
**ACCRUALS AND DEFERRED INCOME**
Accruals and deferred income
**12.**
**MOVEMENT IN FUNDS**
At 1.4.20
£
**Unrestricted funds**
General fund
76,338
**Restricted funds**
Carnival
8,920
Fixed Assets
149,999
BBC Children in Need
5,400
Big Lottery Fund
154,563
People's Health Trust
-
COVID KITCHEN
-
Dilapidations fund
-
318,882
**TOTAL FUNDS**
395,220|2021
£
6,015
2021
£
1,449
2021
£
2,290
Net
movement
in funds
£
1,085
11,892
(4,000)
17,168
41,666
454
68,800
15,000
150,980
152,065|2020
£
6,015
2020
£
618
2020
£
2,200
At
31.3.21
£
77,423
20,812
145,999
22,568
196,229
454
68,800
15,000
469,862
547,285|
|---|---|---|
continued...
Page 12
**Derby West Indian Community Association**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## **12. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Carnival
Fixed Assets
BBC Children in Need
Big Lottery Fund
People's Health Trust
COVID KITCHEN
Dilapidations fund
**TOTAL FUNDS**|Incoming
resources
£
57,737
49,627
-
38,063
119,860
2,000
132,310
15,000
356,860
414,597|Resources
expended
£
(56,652)
(37,735)
(4,000)
(20,895)
(78,194)
(1,546)
(63,510)
-
(205,880)
(262,532)|Movement
in funds
£
1,085
11,892
(4,000)
17,168
41,666
454
68,800
15,000
150,980
152,065|
|---|---|---|---|
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
Carnival
Fixed Assets
BBC Children in Need
Big Lottery Fund
People's Health Trust
**TOTAL FUNDS**|At 1.4.19
£
71,285
9,737
153,999
2,199
122,610
5,128
293,673
364,958|Net
movement
in funds
£
9,054
(817)
(4,000)
3,201
31,953
(9,129)
21,208
30,262|Transfers
between
funds
£
(4,001)
-
-
-
-
4,001
4,001
-|At
31.3.20
£
76,338
8,920
149,999
5,400
154,563
-
318,882
395,220|
|---|---|---|---|---|
continued...
Page 13
**Derby West Indian Community Association**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## **12. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Carnival
Fixed Assets
BBC Children in Need
Big Lottery Fund
People's Health Trust
**TOTAL FUNDS**|Incoming
resources
£
32,372
79,279
-
10,000
127,660
16,310
233,249
265,621|Resources
expended
£
(23,318)
(80,096)
(4,000)
(6,799)
(95,707)
(25,439)
(212,041)
(235,359)|Movement
in funds
£
9,054
(817)
(4,000)
3,201
31,953
(9,129)
21,208
30,262|
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Carnival
Fixed Assets
BBC Children in Need
Big Lottery Fund
People's Health Trust
COVID KITCHEN
Dilapidations fund
**TOTAL FUNDS**|At 1.4.19
£
71,285
9,737
153,999
2,199
122,610
5,128
-
-
293,673
364,958|Net
movement
in funds
£
10,139
11,075
(8,000)
20,369
73,619
(8,675)
68,800
15,000
172,188
182,327|Transfers
between
funds
£
(4,001)
-
-
-
-
4,001
-
-
4,001
-|At
31.3.21
£
77,423
20,812
145,999
22,568
196,229
454
68,800
15,000
469,862
547,285|
|---|---|---|---|---|
continued...
Page 14
## **Derby West Indian Community Association**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## **12. 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**
Carnival
Fixed Assets
BBC Children in Need
Big Lottery Fund
People's Health Trust
COVID KITCHEN
Dilapidations fund
**TOTAL FUNDS**|Incoming
resources
£
90,109
128,906
-
48,063
247,520
18,310
132,310
15,000
590,109
680,218|Resources
expended
£
(79,970)
(117,831)
(8,000)
(27,694)
(173,901)
(26,985)
(63,510)
-
(417,921)
(497,891)|Movement
in funds
£
10,139
11,075
(8,000)
20,369
73,619
(8,675)
68,800
15,000
172,188
182,327|
|---|---|---|---|
Carnival - This is a fund provided by EMCCAN C.I.C for the staging of the annual Caribbean carnival.
BBC Children in Need - This is a fund provided by BBC Children in Need in order to run the Summer School.
Big Lottery Fund - This is a fund provided by The Big Lottery Fund which is being used to run the Stronger Together project.
People's Health Trust - This is a fund provided by The People's Health Trust to support the Healthy Active Lives project.
Fixed Assets - This represents the building situated at Carrington Street, Derby. It is being amortised over 50 years.
continued...
Page 15
**Derby West Indian Community Association**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## **13. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2021.
## **14. GOING CONCERN**
The General Committee have formed a judgement at the time of approving the financial statements, that there is a reasonable expectation that the charity has adequate financial resources to continue in operational existence for the foreseeable future. This is dependent upon the support of the charity's funders and bankers, which is expected to continue. For these reasons, the General Committee continue to adopt the going concern basis in preparing the financial statements.
Page 16
## **Derby West Indian Community Association**
|**Detailed Statement of Financial Activities**
**for the Year Ended 31 March 2021**
**INCOME AND ENDOWMENTS**
**Other trading activities**
Car park income
Room hire
**Investment income**
Deposit account interest
**Charitable activities**
Incomes from organised activities
Donations and subscriptions
Grants
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Activity costs
**Support costs**
**Other**
Trustees' fees
Trustees' expenses
Wages
Pensions
Other operating leases
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Carried forward|2021
£
3,039
272
3,311
152
50,137
4,802
356,195
411,134
414,597
74,674
-
3,062
89,325
1,260
1,649
907
9,635
5,305
3,805
2,887
15,900
133,735|2020
£
12,830
11,065
23,895
450
83,007
4,299
153,970
241,276
265,621
78,809
580
1,946
100,183
1,437
2,641
840
8,379
6,312
3,642
740
3,360
130,060|
|---|---|---|
This page does not form part of the statutory financial statements
Page 17
## **Derby West Indian Community Association**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2021**
|**Other**
Brought forward
Advertising
Travelling
Computer expenses
Repairs and renewals
Training
Cleaning
Minibus expenses
Depn of freehold property
Depn of plant & machinery
Depn of fixtures & fittings
Depn of motor vehicles
Depn of computer equipment
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income**|2021
£
133,735
-
40
707
34,357
4,354
3,574
636
4,000
52
1,538
19
2,212
185,224
2,634
262,532
152,065|2020
£
130,060
1,818
1,620
1,075
6,043
1,664
2,370
1,535
4,000
95
1,797
27
1,863
153,967
2,583
235,359
30,262|
|---|---|---|
This page does not form part of the statutory financial statements
Page 18