2 fiVv ARTu y | ABR o
REGISTERED CHARITY NUMBER: 517068
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025 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 2025
| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 13 |
| DetailedStatementofFinancialActivities | 14 |
|
Report of the Trustees for the Year Ended 31 March 2025
Derby West Indian Community Association
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. 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 Wes! 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 2018-2027. Big Lottery Grant, (The National Lottery), application has been successful, with a grant being awarded for 3 years 2023 to 2026. Funding is provided by BBC Children in Need (CIN) for our annual 4-week Summer School.
The main activities undertaken during the year were: - Organisation of the Derby Caribbean Carnival. ~ Youth Programme- involving youth club, youth social action project "We Move.” - Educational Programme - Summer Scheme and educational trips. - Arts Programme - costume design and make workshops, dance, and drama group work etc. - Elderly Programme, improving the health and social care of elderly members funded by TNL (Big Lottery) - Windrush Documentation and Compensation. - Maintaining of DWICA Digital Legacy Website (5-year programme up to 2028) - Planning and organising Celebratory events for; a) 70th Anniversary of the formation DWICA; b) 50th Anniversary of Derby Caribbean Carnival: c) Annual Service of Thanksgiving: d) Hosting the 4 yearly EMCCAN Carnival Costume Competition at Derby Theatre. 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.
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 National Lottery, BBC Children in Need, 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.
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 - veiting policy, fraud and corruption policy, child lost policy, securily policy and safeguarding policy, Volunteer code of conduct GDPR. Engagement of HR Policy Company to manage DWICA employment issues. Risk Assessment.
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.
Page 1
Derby West Indian Community Association
Report of the Trustees for the Year Ended 31 March 2025
FUTURE PLANS
Applictions are continually being made for staff funding, new projects and sustainability of the community centre, with specialemphasis on commissioning services from the local authority around public health and The National Lottery Reaching Communities Funds for Community Development Work. We raise funds as the needs arise for projects.
A newapplication to The National Lottery has secured further funding for 3 years - 2023 to 2026. The funding is for the employnent of 3 staff, Administrator, CYP Project Officer and Elders Project Officer.
BBC CN funding for our Summer School Project ended in August 2023. We have, however, been successful in securing further funding for a further 3 years to 2026.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Goverting document
The Charity is controlled by its governing document, a Deed of Trust.
Election of Trustees
The Oficers 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,
Organisational structure
The Trustees manage the Charity. The Trustees meet monthly on every third Friday of the month and are mostly concerted with policy matters and the proper functioning of the community centre. Officers present verbal monthly reports io 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
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Derby West Indian Community Association
Report of the Trustees for the Year Ended 31 March 2025
Trustees
G Mighty Chairman L G Newby Vice Chairman Miss A P Mighty Secretary Mrs M Mosley Asst. Secretary Mrs M Stater Treasurer Mrs M Dean Miss N V Hudson (appointed 10.11.2024) Mrs J Coleman Mrs A M Palmer (resigned 10.11.2024) Mrs P H Samuel Miss M Barrett Assistant Treasurer Professor C Wright (resigned 10.11.2024) Mrs G Wilkes Trustee (resigned 10.11.2024) Mrs C B Stewart (appointed 10.11.2024)
Independent Examiner Mrs K F Shapcott FCA 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 20 October 2025 and signed on its behalf by:
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7:
<
G Mighty - 1
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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 | report 9 the charity trustees on my examination of the accounts of Derby West Indian Community Association (the Trust) forthe year ended 31 March 2025.
Responibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirerients of the Charities Act 2011 (‘the Act’).
| report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my exanination | have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement Since yur charity's gross income exceeded £250,000 your examiner must be a member of a listed body. | can confirm that | an qualified to undertake the examination because 1 am a member of the Institute of Chartered Accountants in Englandand Wales, which is one of the listed bodies. | have ompleted my examination. | 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 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 wut in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give 3 true and fair view which is not a matter considered as part of an independent examination.
| have no concerns and have come across no other matters in connection with the examination to which attention should be dram in this report in order to enable a proper understanding of the accounts to be reached.
Mrs KF Shapcott FCA
M. J. Shapcott & Co. Limited Chartered Accountants CharterHouse, Wyvern Court StanierWay Derby DE21 6BF
20 October 2025
Page 4
Derby West Indian Community Association
Statement of Financial Activities for the Year Ended 31 March 2025
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|||||||||
|---|---|---|---|---|---|---|---|
|2025|2024|
|Unrestricted|Restricted|Total|Total|
|fund|funds|funds|funds|
|Notes|£|£|£|£|
|INCOME AND|ENDOWMENTS|FROM|
|Charitable|activities|
|Carnival|-|119,123|119,123|95,570|
|Others|15,323|-|15,323|20,813|
|BBC|Children|in|Need|-|36,662|36,662|-|
|National|Heritage|-|-|-|19,126|
|ESTP|Project|-|118,474|118,474|114,973|
|Warm|Hub|-|4,000|4,000|5,444|
|We|Move|Fund|-|25,865|25,865|36,515|
|Windrush|-|-|-|11,800|
|Community Action|-|-|-|4,993|
|HAF|Project|-|6,958|6,958|“|
|Other trading|activities|2|32,366|2,498|34,864|20,137|
|Investment|income|3|6,634|-|6,634|6,034|
|Total|54,323|313,580|367,903|335,405|
|EXPENDITURE|ON|
|Charitable|activities|4|
|Carnival|-|147,569|147,569|144,009|
|Youth|activities|and|summer|school|-|BBC|
|Children|in|Need|-|-|-|3,874|
|Others|47,448|4,643|52,091|60,052|
|BBC|Children|in|Need|-|9,830|9,830|1,453|
|National|Heritage|-|-|-|29,541|
|ESTP|Project|-|60,261|60,261|89,590|
|Warm|Hub|-|4,259|4,259|2,029|
|We|Move|Fund|-|5,893|§,893|19,702|
|Windrush|-|3,870|3,870|8,856|
|Community Action|-|-|-|873|
|HAF|Project|-|1,827|1,827|-|
|Total|47,448|238,152|285,600|359,979|
|NET INCOME/EXPENDITURE)|6,875|75,428|82,303|(24,574)|
|Transfers|between|funds|12|(1,009)|1,009|-|-|
|Net|movement|in|funds|5,866|76,437|82,303|(24,574)|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought forward|77,679|436,333|514,012|538,586|
|TOTAL|FUNDS|CARRIED FORWARD|83,545|512,770|596,315|514,012|
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The notes form part of these financial statements
Page 5
Derby West Indian Community Association
| Balance Sheet | Balance Sheet | ||||
|---|---|---|---|---|---|
| 31 | March 2025 | ||||
| 2025 | 2024 | ||||
| Unrestricted fund |
Restricted funds |
Total funds |
Total funds |
||
| Notes | £ | £ | £ | £ | |
| FIXEDASSETS | |||||
| Tangibleassets | 8 | 17,837 | 131,721 | 149,558 | 156,699 |
| CURRENTASSETS | |||||
| Debtors Prepayments and accrued income |
9 | 3,196 12,424 |
- - |
3,196 12,424 |
3,687 424 |
| Cash atbank and in hand | 62,512 | 381,049 | 443,561 | 358,519 | |
| 78,132 | 381,049 | 459,181 | 362,630 | ||
| CREDITORS | |||||
| Amounts falling due within oneyear | 10 | (540) | - | (540) | (2,089) |
| NETCURRENTASSETS | 77,592 | 381,049 | 458,641 | 360,541 | |
| TOTALASSETS LESSCURRENT LIABILITIES | 95,429 | 512,770 | 608,199 | 517,240 | |
| ACCRUALSAND DEFERRED INCOME | 11 | (11,884) | - | (11,884) | (3,228) |
| NETASSETS | 83,545 | 512,770 | 596,315 | 514,012 | |
| FUNDS | 12 | ||||
| Unrestricted funds | 83,545 | 77,679 | |||
| Restricted funds | 512,770 | 436,333 | |||
| TOTALFUNDS | 596,315 | 514,012 |
TOTALFUNDS
The financial statements were approved by the Board of Trustees and authorised for issue on 20 October 2025 and were signed on its behalf by:
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GU44 WfNA Va
Mighty “Tastee a
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The notes form part of these financial statements
Page 6
Derby West Indian Community Association
- ACCOUNTING POLICIES
Notes to the Financial Statements for the Year Ended 31 March 2025
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 Financia 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, i 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.
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Tangible|fixed|assets|
|Depreciation|is|provided|at|the|following|annual|rates|in|order|to|write|off each|asset|over|its|estimated|usefil|
|life.|
|Freehold|property|-|2%oncost|
|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|
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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.
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.
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Derby West Indian Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
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||||||||
|---|---|---|---|---|---|---|
|2.|OTHER TRADING|ACTIVITIES|
|2025|2024|
|£|£|
|Car park|income|19,261|10,149|
|Room|hire|15,603|9,988|
|34,864|20,137|
|3.|INVESTMENT|INCOME|
|2025|2024|
|£|£|
|Deposit|account|interest|6,634|6,034|
|4,|CHARITABLE|ACTIVITIES|COSTS|
|Support|
|Direct|costs|(see|
|Costs|note|5)|Totals|
|£|£|£|
|Carnival|421,030|26,539|147,569|
|Others|12,587|39,504|52,091|
|BBC|Children|in|Need|1,854|7,976|9,830|
|ESTP|Project|1,792|58,469|60,261|
|Warm|Hub|3,562|697|4,259|
|We|Move|Fund|3,361|2,532|5,893|
|Windrush|-|3,870|3,870|
|HAF|Project|373|1,454|1,827|
|144,559|141,041|285,600|
|5.|SUPPORT|COSTS|
|Governance|
|Other|costs|Totals|
|£|£|£|
|Carnival|26,539|-|26,539|
|Others|36,324|3,180|39,504|
|BBC|Children|in|Need|7,976|-|7,976|
|ESTP|Project|58,469|-|58,469|
|Warm|Hub|697|-|697|
|We|Move|Fund|2,532|-|2,532|
|Windrush|3,870|-|3,870|
|HAF|Project|1,454|-|1,454|
|137,861|3,180|141,041|
|6.|TRUSTEES’|REMUNERATION|AND|BENEFITS|
|2025|2024|
|£|£|
|Trustees’|fees|7|488|6,800|
|Trustees’ expenses|
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The following trustees were reimbursed for expenditure made on behalf of the charity during the year:-
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||||||
|---|---|---|---|---|
|2025|2024|
|£|£|
|Mr G|Mighty|2,013|1,680|
|Mrs|M|Slater|846|841|
|Miss A|P|Mighty|1,733|1,606|
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Derby West Indian Community Association
- STAFF COSTS
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
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|||||||||
|---|---|---|---|---|---|---|---|
|2025|2024|
|£|£|
|Wages and|salaries|56,558|91,918|
|Sacial|security costs|3,539|5,615|
|Other pension|costs|847|1,372|
|60,944|98,905|
|The|average|monthly|number|of employees|during the year was|as|follows:|
|2025|2024|
|Staff|10|12|
|No|employees|received|emoluments|in|excess of £60,000.|
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8. TANGIBLE FIXED ASSETS
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||||||||
|---|---|---|---|---|---|---|
|Fixtures|
|Freehoid|Plant|and|and|
|property|machinery|fittings|
|£|£|£|
|COST|
|At|1|April 2024|209,999|6,650|67,739|
|Additions|-|120|-|
|At|31|March|2025|209,999|6,770|67,739|
|DEPRECIATION|
|At|1|April 2024|76,000|6,088|53,165|
|Charge|for year|4,000|56|2,186|
|At|31|March|2025|80,000|6,144|56,351|
|NET BOOK VALUE|
|At|31|March|2025|129,999|626|12,388|
|At|31|March|2024|133,999|562|14,574|
|Motor|Computer|
|vehicles|equipment|Totals|
|£|£|£|
|COST|
|At|1|April|2024|9,400|20,232|314,020|
|Additions|-|828|948|
|At|31|March|2025|9,400|21,060|314,968|
|DEPRECIATION|
|At|1|April 2024|9,376|12,692|157,321|
|Charge|for year|6|1,841|8,089|
|At|31|March|2025|9,382|14,533|165,410|
|NET BOOK VALUE|
|At|31|March|2025|18|6,527|149,558|
|At|31|March|2024|24|7,540|156,699|
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Derby West Indian Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
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||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|9.|DEBTORS:|AMOUNTS|FALLING|DUE WITHIN ONE YEAR|
|2025|2024|
|£|£|
|Trade|debtors|3,196|3,687|
|10.|CREDITORS:|AMOUNTS|FALLING|DUE WITHIN ONE YEAR|
|2025|2024|
|£|£|
|Taxation|and|social|security|540|2,089|
|11.|ACCRUALS AND|DEFERRED|INCOME|
|2025|2024|
|£|£|
|Accruals|and|deferred|income|11,884|3,228|
|12.|MOVEMENT|IN|FUNDS|
|Net|Transfers|
|At|1.4.24|movementin|funds|betweenfunds|31.3.25At|
|£|£|£|£|
|Unrestricted|funds|
|General fund|77,679|6,875|(1,009)|83,545|
|Restricted|funds|
|Carnival|-|(26,261)|26,261|-|
|Fixed Assets|133,999|(4,000)|-|129,999|
|BBC|Children|in|Need|67,603|26,500|36,786|130,889|
|National|Lottery Fund|148,946|-|-|148,946|
|Dilapidations|fund|25,624|-|5,000|30,624|
|Warm|Hub|-|(258)|258|-|
|Windrush|13,846|(3,870)|-|9,976|
|ESTP|Project|25,381|-|(25,381)|~|
|We Move|Fund|16,813|19,973|(36,786)|-|
|Community|Action|4,121|-|-|4,121|
|ESTP|Project|-|58,215|-|58,215|
|HAF|Project|-|5,129|(5,129)|-|
|436,333|75,428|1,009|512,770|
|TOTAL FUNDS|§14,012|82,303|-|596,315|
|Net|movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General fund|54,323|(47,448)|6,875|
|Restricted|funds|
|Carnival|121,620|(147,881)|(26,261)|
|Fixed|Assets|-|(4,000)|(4,000)|
|BBC|Children|in|Need|36,661|(10,161)|26,500|
|Warm|Hub|4,001|(4,259)|(258)|
|Windrush|-|(3,870)|(3,870)|
|We Move Fund|25,866|(5,893)|19,973|
|ESTP|Project|118,476|(60,261)|58,215|
|HAF|Project|6,956|(1,827)|5,129|
|313,580|(238,152)|75,428|
|TOTAL FUNDS|367,903|(285,600)|82,303|
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Derby West Indian Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
- MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.4.23 | Net movement in funds |
Transfers between funds |
At 31.3.24 |
|
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Unrestricted funds General fund |
42,216 | (6,688) | 42,151 | 77,679 |
| Restricted funds Carnival Fixed Assets BBC Children in Need National LotteryFund People's Health Trust COVID KITCHEN Dilapidations fund National Heritage Voice4 Change Warm Hub Windrush ESTP Project We Move Fund CommunityAction |
- 137,999 72,930 148,946 347 15,766 25,000 61,966 17,993 4,519 10,904 - - - |
(46,439) (4,000) (5,327) - - - (4,376) (10,416) - 3,415 2,942 25,381 16,813 4,121 |
46,439 - - - (347) (15,766) 5,000 (51,550) (17,993) (7,934) - - - - |
- 133,999 67,603 148,946 - - 25,624 - - - 13,846 25,381 16,813 4,121 |
| 496,370 | (17,886) | (42,151) | 436,333 | |
| TOTALFUNDS | 538,586 | (24,574) | - | 514,012 |
Comparative net movement in funds, included in the above are as follows:
| Incoming resources |
Resources expended |
Movement in funds |
|
|---|---|---|---|
| £ | £ | £ | |
| Unrestricted funds Generalfund |
44,988 | (51,676) | (6,688) |
| Restricted funds Carnival Fixed Assets BBC Children in Need Dilapidations fund NationalHeritage Warm Hub Windrush ESTP Project We Move Fund CommunityAction |
97,570 - - - 19,125 5,444 11,798 114,971 36,515 4,994 |
(144,009) (4,000) (5,327) (4,376) (29,541) (2,029) (8,856) (89,590) (19,702) (873) |
(46,439) (4,000) (5,327) (4,376) (10,416) 3,415 2,942 25,381 16,813 4,121 |
| 290,417 | (308,303) | (17,886) | |
| TOTALFUNDS | 335,405 | (359,979) | (24,574) |
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Derby West Indian Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
12. MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | Transfers | |||
|---|---|---|---|---|
| At 1.4.23 | movement in funds |
between funds |
At 31.3.25 |
|
| g | £ | £ | £ | |
| Unrestricted funds | ||||
| Generalfund | 42,216 | 187 | 41,142 | 83,545 |
| Restricted funds | ||||
| Carnival | - | (72,700) | 72,700 | - |
| Fixed Assets BBC Children in Need National Lottery Fund People's Health Trust COVID KITCHEN Dilapidationsfund National Heritage Yoice4Change Warm Hub Windrush ESTP Project WeMove Fund CommunityAction ESTP Project HAF Project |
137,999 72,930 148,946 347 15,766 25,000 61,966 17,993 4,519 10,904 - - - - - |
(8,000) 21,173 - - - (4,376) (10,416) - 3,157 (928) 25,381 36,786 4,121 58,215 5,129 |
- 36,786 - (347) (15,766) 10,000 (51,550) (17,993) (7,676) - (25,381) (36,786) - - (5,129) |
129,999 130,889 148,946 - - 30,624 - - - 9,976 - - 4,121 58,215 - |
| 496,370 | 57,542 | (41,142) | 512,770 | |
| TOTALFUNDS | 538,586 | 57,729 | - | 596,315 |
TOTAL FUNDS
Acurrent year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Generalfund | 99,311 | (99,124) | 187 |
| Restricted funds | |||
| Carnival FixedAssets BBC Children in Need Dilapidations fund National Heritage Warm Hub Windrush ESTP Project We Move Fund CommunityAction ESTP Project HAF Project |
219,190 - 36,661 - 19,125 9,445 11,798 114,971 62,381 4,994 118,476 6,956 |
(291,890) (8,000) (15,488) (4,376) (29,541) (6,288) (12,726) (89,590) (25,595} (873) (60,261) (1,827) |
(72,700) (8,000) 21,173 (4,376) (10,416) 3,157 (928) 25,381 36,786 4,121 58,215 5,129 |
| 603,997 | (546,455) | 57,542 | |
| TOTALFUNDS | 703,308 | (645,579) | 57,729 |
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 and also the We Move Fund.
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continued...
|
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
Derby West Indian Community Association
- MOVEMENT IN FUNDS- continued
National Lottery Fund - This is a fund provided by The National Lottery Fund which is being used to run the Stronger Together project and Even Stronger Together project.
Fixed Assets - This represents the building situated at Carrington Street, Derby. It is being amortised over 50 years. New Grant - National Lottery - "Even Stronger Together Project" (ESTP2) - Project to start from April 2023 for 3 years.
Windrush - This fund provided by Equality & Justice for 2 years from January 2023.
Community Action - This fund is provided by Derby City Council for half-term activities.
At the year end there has beena transfer from several funds to move the final fund balances to the general fund. This is due to a misallocation of funds expended that were within the general fund that should have been allocated to a restricted fund. These funds were expended in line with the restricted funds requirements at the time that the expense was incurred for each of the projects.
13, RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025,
- 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.
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Derby West Indian Community Association
| Detailed Statementof Financial Activities | |||
|---|---|---|---|
| forthe YearEnded 31 March 2025 | |||
| 2025 | 2024 | ||
| £ | £ | ||
| INCONEANDENDOWMENTS | |||
| Othertrading activities | |||
| Carpakincome | 19,261 | 10,149 | |
| Room tire | 15,603 | 9,988 | |
| 34,864 | 20,137 | ||
| Investment income | |||
| Deposiaccount interest | 6,634 | 6,034 | |
| Charitable activities | |||
| Incomesfrom organised activities Donations and subscriptions Grants |
75,521 4,857 246,027 |
76,227 5,656 227,351 |
|
| 326,405 | 309,234 | ||
| Totalincoming resources | 367,903 | 335,405 | |
| EXPENDITURE | |||
| Charitable activities | |||
| Activitycosts | 144,559 | 171,581 | |
| Supportcosts | |||
| Other | |||
| Trustees’ fees | 7,488 | 6,800 | |
| Trustees' expenses Wages Socialsecurity Pensions Otheroperating leases Ratesandwater |
- 49,070 3,539 847 3,338 1,732 |
52 85,118 5,615 1,372 1,384 1,720 |
|
| Insurance Lightand heat |
12,686 10,173 |
10,987 9,109 |
|
| Telephone Postageand stationery Sundries Traveling Computerexpenses |
4,801 4,836 3,220 8,266 302 |
3,363 4,572 777 7,026 - |
|
| Repaitsand renewals Cleaning |
10,721 6,767 |
9,269 9,892 |
|
| Minibus expenses Depn offreehold property |
1,732 4,000 |
500 4,000 |
|
| Depn ofplant& machinery | 56 | 62 | |
| Depn offixtures & fittings | 2,186 | 2,571 | |
| Depn ofmotorvehicles | 5 | 7 | |
| Depn ofcomputer equipment Bankcharges |
1,842 254 |
2,270 236 |
|
| 137,861 | 166,702 | ||
| Governance costs | |||
| Accountancy and legal fees | 3,180 | 21,696 | |
| Total resources expended | 285,600 | 359,979 | |
| Netincome/(expenditure) | 82,303 | (24,574) |
This page does not form part of the statutory financial statements
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