REGISTERED CHARITY NUMBER: 517068
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2022
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 2022
| Page | |
|---|---|
| Report of the Trustees | 1 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 to 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 17 |
| Detailed Statement of Financial Activities | 18 to 19 |
Derby West Indian Community Association
Report of the Trustees for the Year Ended 31 March 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. 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 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 is now expired and an application for extension has been submitted and waiting on the result of the application.
Funding is provided by BBC Children in Need (CIN) for our Summer School.
A grant has been received from the National Heritage Fund for an exhibition on DWICA Culture and legacy in partnership with Derby Museum and Art Gallery.
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 TNL (Big
-
Lottery) through Stronger Together Project.
-
The Stronger Together Project (Big Lottery funded) - Capability and Safeguarding Training for staff and
-
management.
-
Launch of the Culture and Legacy Exhibition in partnership with Derby Museum and Art Gallery.
Contribution of Volunteers
In carrying out its activities the Charity makes considerable use of volunteers. The Charity has ten 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.
Page 1
Derby West Indian Community Association
Report of the Trustees for the Year Ended 31 March 2022
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 were received from The National Lottery, BBC Children in Need, DCMS, 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 its objectives and continue to run efficiently, especially during the pandemic, when we provided meals for vulnerable people and families.
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.
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, Volunteer code of conduct GDPR. Engagement of HR Policy Company to manage DWICA employment 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.
2018-2022 funding from Big Lottery for staffing has expired. The funding is for engagement and development work with our Children and Young People (CYP), Adults and Elder members of our community. Through slippage we have managed to retain 2 staff in post until March 2023. BBC CIN funding for our Summer School Project end in August 2023.
Application for funding new staffs are in progress.
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 2022
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 2021 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 2022
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 (resigned 11.2.2022) Mrs A M Palmer Mrs P H Samuel Miss M Barrett (appointed 10.4.2022) Professor C Wright (appointed 10.4.2022)
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 10 October 2022 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 2022.
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
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:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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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
10 October 2022
Page 5
Derby West Indian Community Association
Statement of Financial Activities for the Year Ended 31 March 2022
| 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 COVID Kitchen Next Step National Heritage Voice 4 Change Other trading activities 2 Investment income 3 Total EXPENDITURE ON Raising funds 4 Charitable activities 5 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 National Heritage Voice 4 Change Other Total NET INCOME/(EXPENDITURE) Transfers between funds 13 Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward |
Unrestricted fund £ - - 15,092 18,380 - - - - - 10,509 101 44,082 241 - - 26,375 - - - - 249 - 102 26,967 17,115 (5,000) 12,115 77,423 |
Restricted funds £ 29,752 20,688 - 2,448 - 60,488 13,188 47,814 25,000 1 - 199,379 - 39,580 8,540 12,145 2,555 65,379 70,917 4,649 16,498 6,366 - 226,629 (27,250) 5,000 (22,250) 469,862 |
2022 Total funds £ 29,752 20,688 15,092 20,828 - 60,488 13,188 47,814 25,000 10,510 101 243,461 241 39,580 8,540 38,520 2,555 65,379 70,917 4,649 16,747 6,366 102 253,596 (10,135) - (10,135) 547,285 |
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 - |
||||
| 152,065 395,220 |
The notes form part of these financial statements
Page 6
Derby West Indian Community Association
Statement of Financial Activities for the Year Ended 31 March 2022
| Notes TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 89,538 |
Restricted funds £ 447,612 |
2022 Total funds £ 537,150 |
2021 Total funds £ |
|---|---|---|---|---|
| 547,285 |
The notes form part of these financial statements
Page 7
Derby West Indian Community Association
Balance Sheet 31 March 2022
| Notes FIXED ASSETS Tangible assets 9 CURRENT ASSETS Debtors 10 Prepayments and accrued income Cash at bank and in hand CREDITORS Amounts falling due within one year 11 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES ACCRUALS AND DEFERRED INCOME 12 NET ASSETS FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted fund £ 20,019 5,616 367 67,874 73,857 (1,620) 72,237 92,256 (2,718) 89,538 |
Restricted funds £ 145,079 - - 303,183 303,183 (1) 303,182 448,261 (649) 447,612 |
2022 Total funds £ 165,098 5,616 367 371,057 377,040 (1,621) 375,419 540,517 (3,367) 537,150 89,538 447,612 537,150 |
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 |
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 10 October 2022 and were signed on its behalf by:
G Mighty - Trustee
The notes form part of these financial statements
Page 8
Derby West Indian Community Association
Notes to the Financial Statements for the Year Ended 31 March 2022
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 9
Derby West Indian Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
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 3. INVESTMENT INCOME Deposit account interest 4. RAISING FUNDS Raising donations and legacies Support costs 5. 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 National Heritage Voice 4 Change |
Direct Costs £ 34,394 1,285 4,766 2,145 - 37,099 4,512 7,985 1,727 93,913 |
|
|---|---|---|
continued...
Page 10
Derby West Indian Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
6. SUPPORT COSTS
| Raising donations and legacies Other resources expended 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 National Heritage Voice 4 Change 7. TRUSTEES' REMUNERATION AND BENEFITS Trustees' fees |
Other £ 241 - 5,186 7,255 29,215 410 65,379 33,818 137 8,762 4,639 155,042 |
Governance costs £ - 102 - - 4,539 - - - - - - 4,641 2022 £ 450 |
Totals £ 241 102 5,186 7,255 33,754 410 65,379 33,818 137 8,762 4,639 |
|---|---|---|---|
| 159,683 | |||
| 2021 £ - |
Trustees' expenses
The following trustees were reimbursed for expenditure made on behalf of the charity during the year:-
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Mr G Mighty | 151 | 2,032 |
| Mrs M Slater | 50 | 311 |
| Miss A P Mighty | 72 | 719 |
continued...
Page 11
Derby West Indian Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
| 8. STAFF COSTS Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Staff No employees received emoluments in excess of £60,000. 9. TANGIBLE FIXED ASSETS Freehold property £ COST At 1 April 2021 209,999 Additions - Disposals - At 31 March 2022 209,999 DEPRECIATION At 1 April 2021 64,000 Charge for year 4,000 Eliminated on disposal - At 31 March 2022 68,000 NET BOOK VALUE At 31 March 2022 141,999 At 31 March 2021 145,999 |
2022 £ 93,892 5,766 674 100,332 2022 6 Plant and machinery £ 6,650 - - 6,650 5,880 77 - 5,957 693 770 |
2021 £ 89,325 - 1,260 |
|
|---|---|---|---|
| 90,585 | |||
| 2021 8 Fixtures and fittings £ 55,327 3,848 - |
|||
| 59,175 | |||
| 46,575 1,854 - |
|||
| 48,429 | |||
| 10,746 | |||
| 8,752 |
continued...
Page 12
Derby West Indian Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
| 9. TANGIBLE FIXED ASSETS - continued Motor vehicles £ COST At 1 April 2021 9,400 Additions - Disposals - At 31 March 2022 9,400 DEPRECIATION At 1 April 2021 9,343 Charge for year 14 Eliminated on disposal - At 31 March 2022 9,357 NET BOOK VALUE At 31 March 2022 43 At 31 March 2021 57 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Taxation and social security Other creditors |
Computer equipment £ 29,670 5,627 (16,064) 19,233 20,112 3,257 (15,753) 7,616 11,617 9,558 2022 £ 5,616 2022 £ 455 1,166 1,621 |
Totals £ 311,046 9,475 (16,064) 304,457 145,910 9,202 (15,753) 139,359 165,098 165,136 2021 £ 6,015 2021 £ 1,449 - 1,449 |
|---|---|---|
continued...
Page 13
Derby West Indian Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
12. ACCRUALS AND DEFERRED INCOME
| Accruals and deferred income 13. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Carnival Fixed Assets BBC Children in Need Big Lottery Fund People's Health Trust COVID KITCHEN Dilapidations fund National Heritage Voice 4 Change TOTAL FUNDS |
At 1.4.21 £ 77,423 20,812 145,999 22,568 196,229 454 68,800 15,000 - - 469,862 547,285 |
Net movement in funds £ 17,115 (9,827) (4,000) 16,540 (22,773) (107) (53,034) - 31,316 14,635 (27,250) (10,135) |
2022 £ 3,367 Transfers between funds £ (5,000) - - - - - - 5,000 - - 5,000 - |
2021 £ 2,290 At 31.3.22 £ 89,538 10,985 141,999 39,108 173,456 347 15,766 20,000 31,316 14,635 |
2021 £ 2,290 |
|---|---|---|---|---|---|
| 447,612 | |||||
| 537,150 |
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 National Heritage Voice 4 Change TOTAL FUNDS |
Incoming resources £ 44,082 29,751 - 33,876 60,488 2,448 1 47,814 25,001 199,379 243,461 |
Resources expended £ (26,967) (39,578) (4,000) (17,336) (83,261) (2,555) (53,035) (16,498) (10,366) (226,629) (253,596) |
Movemen in funds £ 17,115 (9,827 (4,000 16,540 (22,773 (107 (53,034 31,316 14,635 |
|---|---|---|---|
| (27,250 | |||
| (10,135 |
continued...
Page 14
Derby West Indian Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
13. MOVEMENT IN FUNDS - continued
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 COVID KITCHEN Dilapidations fund TOTAL FUNDS |
At 1.4.20 £ 76,338 8,920 149,999 5,400 154,563 - - - 318,882 395,220 |
Net movement in funds £ 1,085 11,892 (4,000) 17,168 41,666 454 68,800 15,000 150,980 152,065 |
At 31.3.21 £ 77,423 20,812 145,999 22,568 196,229 454 68,800 15,000 |
|---|---|---|---|
| 469,862 | |||
| 547,285 |
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 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 |
Page 15
continued...
Derby West Indian Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
13. MOVEMENT IN FUNDS - continued
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 National Heritage Voice 4 Change TOTAL FUNDS |
At 1.4.20 £ 76,338 8,920 149,999 5,400 154,563 - - - - - 318,882 395,220 |
Net movement in funds £ 18,200 2,065 (8,000) 33,708 18,893 347 15,766 15,000 31,316 14,635 123,730 141,930 |
Transfers between funds £ (5,000) - - - - - - 5,000 - - 5,000 - |
At 31.3.22 £ 89,538 10,985 141,999 39,108 173,456 347 15,766 20,000 31,316 14,635 |
|---|---|---|---|---|
| 447,612 | ||||
| 537,150 |
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 National Heritage Voice 4 Change TOTAL FUNDS |
Incoming resources £ 101,819 79,378 - 71,939 180,348 4,448 132,311 15,000 47,814 25,001 556,239 658,058 |
Resources expended £ (83,619) (77,313) (8,000) (38,231) (161,455) (4,101) (116,545) - (16,498) (10,366) (432,509) (516,128) |
Movement in funds £ 18,200 2,065 (8,000) 33,708 18,893 347 15,766 15,000 31,316 14,635 |
|---|---|---|---|
| 123,730 | |||
| 141,930 |
Page 16
continued...
Derby West Indian Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
13. MOVEMENT IN FUNDS - continued
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.
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
15. 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 17
Derby West Indian Community Association
| Detailed Statement of Financial Activities for the Year Ended 31 March 2022 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 Social security Pensions Other operating leases Rates and water Insurance Light and heat Telephone Postage and stationery Sundries Travelling Computer expenses Repairs and renewals Carried forward |
2022 £ 6,845 3,665 10,510 101 17,891 5,048 209,911 232,850 243,461 93,913 450 273 93,442 5,766 674 1,532 1,018 9,095 2,989 4,397 7,005 2,428 4,305 1,187 3,779 138,340 |
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 40 707 34,357 168,839 |
This page does not form part of the statutory financial statements
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Derby West Indian Community Association
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
| Detailed Statement of Financial Activities for the Year Ended 31 March 2022 |
||
|---|---|---|
| Other Brought forward Training Cleaning Minibus expenses Depn of freehold property Depn of plant & machinery Depn of fixtures & fittings Depn of motor vehicles Depn of computer equipment Loss on sale of tangible fixed assets Bank charges Governance costs Accountancy and legal fees Total resources expended Net (expenditure)/income |
2022 £ 138,340 - 6,310 857 4,000 77 1,854 14 3,257 311 22 155,042 4,641 253,596 (10,135) |
2021 £ 168,839 4,354 3,574 636 4,000 52 1,538 19 2,212 - - |
| 185,224 2,634 |
||
| 262,532 | ||
| 152,065 |
This page does not form part of the statutory financial statements
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