REGISTERED CHARITY NUMBER: 519199 Trn$tttsl Report and UnAudlted Floanclal Statements for the Year Ended 31 March 2024 for DUDLEY CARIBBEAN & FRIENDS ASSOCIATION Dalton Pardoe Limited Chartered Accountants 794 High Street Kingswinford West Midlands DY6 8BQ
DUDLEY CARtBBEAN & FRIEIYDS ASSOCIATION Contents of the Flnanelal stalennts for the Year Ended 31 March 2024 Ref¢ren¢e aDd Admlntslratlve Detv41 Trusleesl Report Indep¢Ddent Examkn¢r's Report Statement of Flnanelal Ae¢lvltl¢s Balanee Sheet 10 Notes to the Financial Statements Detaffiled Statem¢Dt of Flnanclal Actfvltles 16
DUDLEY CARIBBEAN & FIUENDS A&SOCIATION Reference and AdmiDlstrative Details for the Year Ended 31 Mar¢b 2024 TRUSTEES L W BnKe . Chair Ms B Campbell C Bennett M D Ricketts PRINCIPAL ADDRESS DCFA Impxt Training 15 Wolverhampton Streei [leY West MidlaThls DYI IDB REGisfERED CHAIUTY NUMBER519199 INDEPENDENT EXAMINER Dalton Pardoe Limited 794 High Street Kingswinford West Midlands DY6 8BQ SOLICITORS Silks Solicitors 48 - 52 Halawwrn Road Nttherton Dudley W¢5t Midland8 DY2 9QB BANKERS National Westhiinster Pl¢ P.0. Box 25 267 Castle Street thKlley West Midlands DYI IYY Page I
DUDLEY CARIBBEAN & FRIENDS kqWCIATION Trnstees, Report for the Y¢ar Ended 31 March 2024 The trust$ present their report with the financial statements of the charity for the year 31 March 2024. The trustees have adopted the provisions of AcUnting and Reporting by Charities: Ststement of Recommended PrtIre applicable to charities preparing their accounts in accordance with the Financial Rwting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). Page 2
DUDLEY CARIBBEAN & FRIENDS ASSOCIATION Trnstees, Reptyrt for the Year Ended 31 March 2024 ORIEcfivES AND ACTIVITIES Objectlves of tbe charlty* prlnclpal actfvlties and OryWDisatlon of our work Objectlves of the Charlty? prlnclpal Activities and organisation of our works The charity is governed by a written constitution. The ¢haritys objects are to impact on the ¢du¢ational and socio-e¢onomi¢ needs of ethnic ¢ommunities, in particular the African Caribbean community within the Metropolitan Borough of Dudley and other likeminded African Caribbean community &8sociation in the wider West Midlands. In order to do this th¢ ¢harity has established several projects to address the educational. trainin& employment and social welfare needs of this community. The policy of the ¢haTity is to seek additional finance and community SUPPOrt to continue existing schemes. together with expanding its Community liaison role with key officials. The charitys principal activity during the year was to manage the two prOjts run by the trustees. Impact Training ond the African Caribbean Befriending Service to provide service directly to th¢ ¢lderly and to contribute to the so¢io-economi¢ wellbeing of the community. The charity s0 works in parlnership with a number of organisations in¢luding Heart of England Foundation. Steps to Work. WMCAIDMBC, DCVSIDIHC NHS Trust and a number of ¢harities and community organisations. The trustees delegate the day-tdaY r¢5ponsibility for managing the projects to the manager and staff. How our aetlvlties dellver publlc benefiL The main activities and focus of the charity has been the delivery of employability training and development for unemployed individuals and social care provision for the community it serves without ex¢eption4 which are undertaken in pursuance of its charitable purposes for the public. Developmen( aellvltles 2nd achi¢v¢meDt thts year We are pleased to report tha¢ in spite of current fimding pressures and the volatility of the economic and politieal lands¢ape, the Charity continued to maintain a presence in the voluntsry and community service sector - delivering some of its core activities. albeit in a substantially reduced capacity. Funding pressures have had a dramatic impact on the Charity and its ability to deliver needed services. 2023124 has been a particularly Challenging year. The Organisation continues to face challenges in the forni of sustainable fimding. The Befriending Service Community Care project has no core fundin& thus limiting its ability to deliver a holistic serrfice. Whilst the prospects may appe8r somewhat daunting we are taking an optimistic view and see this as a great opportunity for the organisation to develop sustsinable strategi¢s' for survival. We have been able to maintain an operational presence in the sector in which we serve due by and large to good fortune and a dogged appn)ach to survival. In an effort, to remain sustainable the Charity and staff embarked upon a con¢¢rted effort to fimd raise and build relationship with other organisations. The main focus of our fund-raising efforts majored on phase two of the UK Shared Prosperity Fund. th¢ Big lottery Community Fund phase 2 - a collabordtive effort with 13 partner organisations. The specific aim of the partnership was in helping unemployed individuals with significant barriers to emplonent and to assist them to progress closer lo employment or education. This is a 2-year Programme scheduled for completion March 2025. The charity secured additional funding from Dudley Integrated H¢alth Care NHS Trust (via DCVS) to deliver a Health inequalities programm¢ aimed specifically at the BAME Communiti¢s. The charity was also able to secure small pots of funding from DMBC Community GranL Heart of England Cornmunity Foundatio and Good Things Foundation to provide additional service alongside and in collaboration with other programmes Impact Tralning A¢tlvlties: The main focus of activity for lrnpact Training has been the delivery of Black County Futures Women & Lone Parent progrnmme -phase two (Time2Sour),' secured through the BCF Strategic Partner5hip> fiu)ded by BLCF and managed by Steps To Work: aksng with the UK Shared Prosperity Fund - Multiply programt A. Women and )ne Parents ProgramnK: Page 3
DUDLEY CARIBBEAN & FRIENDS ASSOCIATION for the Year Ended 31 Mar¢h 2024 Report Summ During the period April 2023 - March 2024 the Time2Soar programme was funded by a 2-year National Lottery Community grant secured through the Black County Futures Partnership and a 6-month funding from Heart of England. The proje aims to help women overcome barriers to employMt by providing a comprehfflsive blend of services. including workshop4 1-2-1 personalized suppoftl Practical advice on employment righ Confidence buildin& Ernployability skills. and more. The key obJeellv¢&lAchlevemeats of the program During this period, Time2Soar supported: - 38 women enrolled working to overcome barriers to aDpIo - 2 women secured eMplODent - 10 women acttssing education or trnining opporbjniti Challenges This year, the programe faced significant challenges after moving io smaller pranise4 which limited our capacity to host group workshops and reduced access to PC facilities. These cotknints required us to reimagine our service delivery. shifting th¢ focus towards 1-2-1 personalized support which reduced the number of spaces available for participants. Despi these challenges. w¢ remained committed to providing meaningful a&8iStance to all participants. Impa¢t Story- Anonymous 'I'm a single mom of four and hadnl worked for nearly 15 years since having my children. I was unsure where to begin. With Fiona's suppo¢ I realised that it wasnl just about finding any job. but about finding the right job for me to get a better future for me and my family. I've since begun bnthing up on my IT skills with online ¢ourse5 and have scheduled a Maths and English assessment with the Dudley Adult & Community Ing hub. I'm ly)peful that this will lead to better-paid work and set a positive example for my girls &8 a working mom.. Future Plans Time2Soar remains dedicated to empowuin8 women and lone parents to take their next steps towards a brighter future. Looking ahead, we aim to reintroduce group workslh)ps, delivered virttwlly due to space limitations at our current premises. With additional fill1ng, we plan to host thes¢ sessiorLs in external venues. such as local libraries. To ensure effe¢tive participatio the programme will offer training to help participants develop the necessary skills for online engagement. B. UKIShired Prosperlty Fund - Multlpty ProgrnuDe The Multiply Projecl is part of the UK Shed Prosperity Fund (UK SPF) and is managed by Dudley Metropolitan Borough Coun¢il (MBC). The project aims to improve numerw skills among adults> specifically those who are employed and do not have a GCSE in maths at grade C or equivalenL The key objective5 of the program are to Increase Numw Skill4 Support Employment and FAluulion and Imprnve Labour Market Outcomes. This w&$ to be athieved by focusin8 on financial resilience with a target wup of working adults aged 19 and over, living within the West Midlands Combined Authorities (WMCA) aro primarily in Dudley. Six suppliers were engaged to deliver the program across Dudley borough and included up to 20 hours of intervenlion per particjpanL with a minimum of two hours. Deltvery methods varie4L including group sessions one-onwone, and online fOrn1a dependlng on the participants, needs. The project started on the 4th Seplanber 2023, with the initial temi ending on 3 1st March 2024. Our initial target was to work with 48 people over a nin¢- month perio¢ enCow]ng them to participate in prOgraeS to build their confidence with numbers. Through the dedication and hard WO of the team. we can report that during phase one of the contraci v enrolled 68 participants and was awarded an extra £5000. In Iditi the prOjt was Contin1 for a fillther 12 months with an increased contract value Page 4
DUDLEY CARIBBEAN & FRIENDS ASSOCIATION Trustees, Report for the Year Euded 31 March 2024 Key achievements included: - 68 participants improved their numeracy skills and gained more financial confidence Worked alongside INO employer to support 4No employees - 4No participants gained a maths qualification l No participani prOSSed into better paid employment Alongside the project, we also took part in WMCA'S Connected Services programme which supplied digital equipment to people in the community that would otherwise be unable to access vitsl online services. We were able to provide 144 No. Chrome Books, 80No. MiFi and 24No Laptops to eligible participants. This proved to be a great success and has helped to some degree in 8ddressing the issues that the beneficiaries fa¢ed. BefrleDdlng Servlee A¢tivlties The Befriending Services. based at Henry CouiL a housing project managed by Neh¢miah UCHA. has continued to deliver essential social care services to older adul with a particular focus on African Caribbean elders. The service has with¢ssed an increase in self-referrals from the wider community, r¢fle¢ting the growing number of older people seeking support. FundTng from a range of sources, including the National Lottery, individual donors. and Dudley Metropolitan Borough Council (MBC), has enabled the Befriending Service to expand its outreach and address the needs of vulnerable and isolated individuals within the Black and Minority Ethnic (BME) community and th¢ wider community. By collaborating with organizations such as Dudley College. local businesses. Community group8 and the NHS. Befrtending Services is able to create impactful projects that enhance the lives of older ad1* combining resources and expertise to address their social, emotional. and practical needs. Among the key initiatives supported by the service is a ¢atering program that, through a ¢ombination of external caterer donations and volunteers. ensu older individuals receive at least one hot meal a week. During the period of this report the service can report serving 1500 meals to service users. Furthem]ore, volunteers provide a regular Telephone Friendship Service. offering consistent companionship and emotional support. To date. the service has logged 12,000 minutes of phone conversation4 reducin8 loneliness for many elderly people. Additionally, volunteers have contributed 100 hours of supporL assisting elderly individuals with trartsportatiOD and accompaniment to hospitsl and doctor appointments. helping them navigate healthcare services with both logistical and emotional assistanc¢. The Befriending Service is highly attuned to the needs of the elderly and has adapted its a¢tivities, a¢¢ordingly. responding to increasing dependency. Volunteers play a pivotal role in the projeKt, ensuring that servi¢e users receive both social and practi1 support. including assistance with healthcare access. The Befriending Services collaborative efforts have also led to various initiatives, includin8 weekly meetups, health and wellness workshop4 arts projects, day trips. and intergenerational activities. These activities have helped address health inequalities, combai food povety, and improve both mental and physical health for older people. while reducing social isolation. Collectively, these efforts promote well-being and ensure that vulnerable older adults renwin connected to their community. contributing to their overall quality of life. Together, we continue to work hard to reduce loneline&8 and Isolatio promofr well-b¢in& to ensure that vulnerable older adults remain connected and engaged with their community. To this end ihe charity continue to seek new fimding opportunities to support its objectives The Henry Court sheltered accommodation unit is still available to th¢ Charity through the goodwill of Nehemiah UCHA. the housing group responsible for the management and upkeep of the accommodation. The charity is deterniined that this facility will continue to serve the need of older people and in this regard will seek to engage the support of willing and able volunteers to achieve its objectives Page 5
DUDLEY CARIBBEAN & FRIENDS A&SOCIATION Tn. Report for the Year Ended 31 Mar¢b 2024 FINANCIAL REVIEW Ffinancial revfiew As before. against the backdrop of limited fiuKling opportunitie4 and local and national government priorities it has been quite challenging to develop the Befriending Service project 0nd its present capabilities. The charity continues to review present services with a view to diversification and moving into other related disciplines within the Spe of its charitable purposes, to ensure it remains relevant and viable The principal funding source for Impart Training has beffl income from sub<ontracting to larger supply chain providers. However in recent times funding incomes have been small from sources previously mentioned. the These grnnts have been awarded for 4)ecific pieces of work and do nol contribute in any meanin1 way to the charities overhead costs. The charitys present accommodation is a rnh smaller unit and offers limited scope for expansion in tern of services and staffing. However, in view of the cumt fimding dilemma the Tne¢S have had no other alternative but to do1ze in order to reduce operating costs and to sustain a pres&K¢ in the tOr. Tr acmm(lation is currently let on a 12 month renewable lease basis and Currently houses Impact Training project and Befriending Service staff. The Statement of Financial Activities shows total incoming resources for the year of £92J95 (2023: £32,672) and total resources expended in the sum of £75J19 (2023: £A5.775) resuliing in a net income of £17J46 (2023: £13.103 Net expernlitiwe). Reserves poliey The Trustees have examined the charitys requir¢mart for resThs in light of the main risks to the organisation. The ssociation need reserves to bridge the gap betwwn SPaKling and income and to cover any unplanned emergency expenditure. The trustees have established a policy whereby the unrestricted funds, not desiwed for the next 12 months or invested in fixed asse should be nthintained at a level that will fiuMI the management and admintstration activities ftir at least the next 12 months. Risk managenknt The trustees monitor the major strategic. business and operational risks. lch the charity faces to ensure that system5 are adequate to mitigate these risks. The main threat to d)arity is obtaining sustainable futth for the respective projects. Fund raising is an ongoing activity and is taktng an ever increasing amount of senior Managerne resources. However. the trustees are confident that the charitys good track record of service delivery and prudent financial management has placed the organisation in a good position to ovmme the threats. InVeStnnts The constitution authorises the trStee$ to make and hold investllKnts using the genttal fimds of the charty. The tntstee$ have Considered a low risk strategy such as short term money m•ket placement& Page 6
DUDLEY CARIBBEAN & FRIENDS ASSOCIATION Trustees, Report for Ihe Year Ended 31 March 2024 FUTURE PLANS The charity plans lo continue its activities outlined above subject to adequale funding being secured. The trusiees are constantly aware of the importance of the charity being able lo advocaie and facilitate additional funding by taking up Eovemment and non- 8overnmental opportunities and support. both locally and nationally. The future is nol as optimistic as il migyhi have been and in view of the funding uncertainiies detailed in the report, the tnleeS have identified a number of strategies to mitigate this uncertainty-. l. To seek opportunities lo tender for government and local authority contracts in the welfare to work training sector via Impaci Training. To develop our partnership aangernent with major organisations within the supply chain sector to improve our opportunity to deliver Iraining and support services to the unemployed and olhcrs 3. To identify potential funders thai will support new project initiatives iargeted at vulnerable and isolaled individual wiihin the BAME community including Big Lottery. 4. To develop services thai will generate suslainable income. 5. To identify and implement cost savings as an ongoing exercise. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and consiitutes an unincorporated charity. Truslees The trustees are governed by the constitution of ihe charity. The Board of Trustees is authorised to appoinl new truslees to fill vacancies arising through resignalion or deaih of an exisling trustee. Approved by order of the board of trustees on ........................... . and signed on its behalf by: L W t3ruce - Chair- Trustee Page 7
lthdepeDdenl EllminePs Report ts the Trnstees of DUDLEY CARIBBEAN & FRIENDS A&SOCIATION Independent examIneS report to tbe trusttts of DUDLEY CARIBBEAN & FRIENDS ASSOCIATION I report to the charity trustees on my examination of the arxounts of DUDLEY CARtBBEAN & FRIENDS ASSOCIATION (the Tnjst) for the year ended 31 March 2024. Responslbilities and basts of report As the charity trustees of the TnL5t you are T•)nsible for the weparation of the accounts in accordance with the requirements of the Charities Act 2011 Cthe Ace). I report in respect of my examination of the Trusvs accounts caTried out under Sertion 145 of the Act and in carrying out my eInatiOn I have followed all applicable Directions given by the Charity Commission undet Section 145(5)(b) of the Act. Independent examiner's Statent I have completed my examination. I confirni that no material matters have corn¢ to my attention in connection with the emmination giving me cause to believe that in any nterIal accounting records were not kept in respect of the TnLSt a8 required by Section 130 of Acr. or the accounts do not accord with those records" or the accounts do not comply with the applicable requirements concerning the forn) and content of accounts set out in the Charities (Accounts and Reports) Regulatio 2008 other than any requirement that the accounts give a true and fair view which is not a matter Coldered as part of an i*etht examirntion. I have no concerns and have come across no matters in connection with the examination to which attention sIUld b¢ drawn in this report in order to enable a proper erSlanding of the accounts to b¢ readd. Colin tkn1n FCA Dalton Pardoe Limited Chartered Accountants 794 High Street King5winford West Midlands DY6 8BQ Page 8
DUDLEY CARIBBEAN & FRIEIYDS ASSOCIATION StateDnt of FIDaDdal Aetlvleks for the Ye*r Ended 31 Mar¢h 2024 313.24 Total funds 31.3.23 Total funds INCOME AND ENDOWMENTS FROM Donations a1 legacies 92250 92,250 32.527 InveAlment income 270 145 415 145 Totsl 270 2J95 92,665 32.672 EXPENDITURE ON Cb8rltsbl¢ acdvltles ExndItUre 396 73J45 73.741 45,775 lJ78 1.578 Tolal 1974 73J45 75J19 45,775 NET INCOMEI(EXPENDITURE) (1,704) 19,050 17J46 (13,103) RECONCILIATION OF FUNDS Totsl funds brought fomrd 160J4 10.176 26,990 40.093 TOTAL FUNDS CARRIED FORWARD 1S.lJO 29226 44J36 26,990 The notes forni part of these fr1141 swements Page 9
DUDLEY CARIBBEAN & FRIENDS ASSOCIATION Balance Sheet 31 Mareh 2024 31.3.24 Total funds 31.3.23 Total funds Unrestricted fund Restricted funds Notes FIXED ASSETS Tangible assets 1,385 lJ85 429 CURRENT ASSETS Debtors Cash at bank 13,965 8,631 13,965 46,981 ,590 41,846 38,350 22,596 38J50 60,946 43.436 CREDITORS Amounts falling due within one year (8,871) (9,124) (17,995) (16,875) NET CURRENT ASSETS 13,725 29,226 42,951 26,561 TOTAL ASSETS LESS CURRENT LIABILITIES 15,110 29,226 44,336 26,990 NET ASSETS 15,110 29,226 44,336 26,990 FUNDS Unrestricted funds Restricted funds 15,110 29,226 16.814 10,176 TOTAL FUNDS 44,336 26,990 The financial statements were approved by the Board of Trustees and authorised for issue on and were signed on its behalf by: L W Bruce - Chair- Trustee The notes fonn part of these financial statements Page 10
DUDLEY CAIUBBEAN & FRIENDS ASSOCIATION Notes to the Financlal Statements for the YeAr Ended 31 March 2024 ACcOU11c POLICIES Basts of prepArlng the flnanelal statem¢nts 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: Ststement of Recommended Practice applicable to charities preparing their accounts in aOrdanCe with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (efftctive l January 2019),. Financial Reporting Standard 102 'Th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 201 l. The fmancial statements have been prepared under the historical Cost convention. Ineome All income is recognised in the Ststement of Financial Activities once the ¢harity has entitlement to the funds, it is probable that the income will Ix r¢¢eived and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obli8ation committing the charity to that expenditure. it is probable that a transfer of economic benefits will be requlred in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an aecruals 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. Tanglble Ilxed assets Depreciation is provlded at the following annual rates in order to write off each asset over its estimated useful lift. Fix¢ures and fittings Moior vehicles Compuler equipment IO% on Cost 25% on cost 20% on cost Taxatlon The Charity is exempt from tax on its charitable activities. Fund aceountlng Unrestricted funds Can be used in acMrdan¢e with the charitable objectiv¢s at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within th¢ objects of the charity. Restrictions arise wh¢n specified by the donor or when funds are raised for part5¢ular restricted purposes. Further explanation of the nature and purpose of ea¢h fid is included in the notes to the financial ststements. DONATIONS AND LEGACIES 31J.24 Total funds 31.3.23 Tolal funds Unrestricted funds Restricted funds Grants 92350 92,250 32,527 Pagell Continued...
DUDLEY CAIUBBEAN & FRIENDS ASSOCIATION Notes to the Financial Slatements- eonlinued for the Year Ended 31 Mareb 2024 DONATIONS AND LECACIES- continu Grants received, included in the above. are as follows". 31J.24 31.3.23 Walsall BC - ESF Black County Futures Lloyds TSB Foundation Heart of England - Community Matters Heart of England - Covd Res Fund Health Inequalities Good Things Foundation Tipton Coseley Building Society DMBC - Community DMBC- Multiply Annonymous Charity Befriending Service 19.302 16.786 1262 4,965 699 3,000 225 600 2.474 3.914 7,349 3,775 2,526 44,084 12.780 1,036 92,250 31527 INVESTMENT INCOME 31.3.24 Totsl rund$ 31.323 Total Unrestricted funds Restricted funds Deposit account interest 270 145 415 145 TRusfEES' REMUNERATION AND BENEFITS There were no Inistees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 Mah 2023. Trustees, expenses There were no trusteeg expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. COMPARATIVES FOR THE STATEMENf OF FINANCIAL ACTIVITIES Unrestricted fund Restricted funds Total fiu]ds INCOME AND ENDOWMENTS FROM Donations and legacies 32J27 32,527 Investment income 53 92 145 Total 53 31619 32,672 EXPENDITURE ON Charitabl¢ ae¢lvllks Expenditure 45.775 45,775 Page 12 continued...
DUDLEY CARIBBEAN & FRIENDS A&SOCIATION Notes lo the Finaneial Ststements - ¢outhiued for the Year Ended 31 Mar¢h 2024 COMPARATIVFS FOR THE SrATEmE OF FINANCIAL AcfiviTIKS- ¢ODllnued UDrestriL*ed Restricted Total funds NET INCOMFJ(EXPENDITURE) 53 (13.156) {13.103) RECONCILIATION OF FUNDS Total funds brought forward 16,761 23.332 40,093 TOTAL FUNDS CARRIED FORWARD 16,814 10.176 26.990 TANGIBLE FIXED Assrrs Motor vehicles Computer equipmenl fittin8S Totsls co At l April 2023 AdditiON8 25,700 7.456 1,535 35,152 1.535 At 31 March 2024 2S700 8,991 36,687 DEPRECIATION At l April 2023 Char8e for year 1A67 195 2S700 7.456 34,723 579 At 31 Mar¢h 2024 1,762 2S700 35J02 BOOK VALUE Al 31 March 2024 1,151 iJ85 At 31 Mar¢h 2023 429 429 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31J.24 31.3.23 Trade debiors Prepayrnents and accnKd income 500 1,090 2382 13.965 1.590 Page 13 Itinued...
DUDLEY CARIBBEAN & FRIENDS ASSOCIATION Notes to the Financial Statements - continued for the Year Ended 31 Mv4reh 2024 CREDITORS: AMOu1s FALLING DUE WITHIN ONE YEAR 31J24 31.3.23 Trade (Teditors Social security and other tsxes Other creditors A¢¢rued expenses Deferred government grants lJ71 838 281 150 1.566 14.026 2.718 13.038 17,995 16.875 MOVEMENT IN FUNDS Net movement in fimds At 31.3.24 At 1.4.23 Unrestrieted funds General fund 16014 (1.704) 15,110 Restrieted funds Impact Training Befriending 10.176 17.963 1,087 28,139 1,087 10.176 19,050 29226 TOTAL FUNDS 2A990 17J46 44J36 Net movement in fimds. in¢luded in the above are as follows: Incoming Resources expended Movement in fijnds Unrestricted fllnds General fimd 270 (1,974) (1,704) Restricted funds Impact Training Befriending 82.259 10.136 (64296) (9.049) 17,963 1,087 92J95 (73,345) 19,050 TOTAL FUNDS 92,665 (75J19) 17J46 Pag¢ 14 continued..
DUDLEY CARIBBEAN & FIUENDS A&SOCIATION Notes to the Financial Slatsn*nts - eonllnued for the Year Ended 31 Mareb 2024 MOVEMENT IN FUNDS- tODtinu¢d COmratIVeS for m0venllt In f•#ds movement in fimds At 31.323 At 1.4.22 UDrestrk¢ed fuDds General fund 16.761 53 16.814 Restrl¢t¢d Impact Training 23J32 (13,156) 10,176 TOTAL FUNDS 40.093 (13,103) 26,990 Comparative nel movement in fimd4 included tn the above are as follows: Incoming Resources exp¢nded Movement in funds Unrestrleted General fund 53 53 Restrlcted lknnds Impact Trainin8 31619 (45,775) (13.156) TOTAL FUNDS 32,672 (45,775) (13,103) io. RELATED PARTY DISCLOSURFS During the year, rernuneration was paid to the brother of one Mr Levene who is an employee of the Charity. Page 15
DUDLEY CARIBBEAN & FRIENDS A&SOCIATIOY4 Detaikd Stst¢m¢n¢ of Flnanci8Jl A¢tivi¢les for the Yr Ended 31 M#r¢b 2024 31.324 Totsl 31.323 Total funds funds INCOME AND ENDOWMENrs Donatlons and legacles Grants 92250 92350 32,527 Investment income Deposit account interest 270 145 415 145 Total ineomlng r¢sour¢es 270 92J95 92.665 32.672 EXPENDITURE Charltable aetivitks Trainee/ Client costs Staff costs Insurance Printing and stationery Telephone and postage Advertising & promotions Repairs and maintenance Rent and servic Catering and day care Heating and lighting Sundry expenses Bank charges and intTht Volunteers expenses Subscriptions Depreciation 959 34,675 1258 358 764 52,118 1220 590 672 51118 1220 590 672 400 000 &765 4088 571 226 77 359 579 59 4J(X) &765 2.088 571 226 294 318 223 43 514 200 359 195 73J45 73,729 44.745 Support costs Governance eosts Independent examiner Sundries 280 750 750 750 IA90 lJ90 1.030 Total resour¢e5 expended 1,974 73J45 75J19 45.775 Net (expenditureyineome (1,704) 19.050 17J46 (13.103) This page does not forni part of the sthtutory financial ststements Page 16