REGISTERED CHARITY NUMBER: 519199 forthe Year Ended 31 March 2025 DUDLEY CARIBBEAN & FRIENDS AssoaATION Dalton Pardoe Urnlted Chartered A£countsnts 794 Hlgh Street Klngswinford West Midlands DY6 88Q
I>UDLEYCARIBBEAN & FRIENDS AssoaATION forthe Year Ended 31 Marth 2025 Page Reference and Admlnlstrntl¥e Detslls 2 to 7 1reper1ent Examlnerfs Rep Balance Sheet io li to Detalkd Statement of Flnandal Acll¥lU 16
for the Year Ended 31 March 2025 L W Bnjce - Chalw MS 8 Campbell C Bennett M D Ricke PRINapAL ADDRE55 OCFA ImpKtTralnlr 15 Wol¥erharnpton stet Dudley West Midlands OYI IDB REGISTERED CHARITY NUMBER 519199 INDEPENDENT EXAMINER Dalton Paidoe Limlted Chartered kcountants 794 Hlgh Street Klngswinfwd West Midlands DY6 8BQ SOUQTORS Silks Solldttxs 48- 52 Hales(Men Road Netr*rton Dudlty West Mldlands Df2 9QB BANKERS Natlonal Westminster PIC P.0. 8ox 25 267 Castle Street Dudley West Mmllands DYI IYY Page I
DUDLEY CARIBBEAN & FRIENDS ASSOCIATION Tntee$. Report for the Year Ended 31 M&r¢h 202S The trustees present thelr report wlth the flnanclal statements of the charlty for the year ènded 31 March 2025. The trustees have adopted the piovislons of Accounting and Reporting by Charlties: Statement of Recommended Prartlce applicable to charities preparlng their accounts in accordance wlth the Flnartclal Reporting Standard appllcable In the UK and Republlc of Ireland {FRS 102) leffectlve l January 2019). Page 2
DUDLEY CARIBBEAN & FRIENDS AssoaATION Trustees, Report forthe Year Ended 31 March 2025 OBJECTIVES AND AcnviTIES ObJe¢tive5 of the chaTlty• prlndpal actmtles and organlsatlon of ourwo Objectlves of the Charityi prlndpal Actl¥ltles and organisatlon of our works The charlty Is governed by a wrltten constltutlon. The charlty's objects are to Impart on the educatlonal and soc10COnOmEC needs of ethnic communities, in particular the African Caribbean communlty wlthln the Metropolftan 8orough of Dudley and other likeminded Afrlcan Carlbbean communty assoclatlon In the wlder West Mldlands. In order to do this the charlty has estsbllshed several proSects to address the educatlonal. tralnlng. employment and soclal welfare needs of thls communlty. The pollcy of the charlty 15 to seek additlonal finance and communlty support to contlnue exlstlng schemes, together with expandlng Its ¢ommunlty Ilalson role wlth key offKlals. The charity's prlnclpal actlvlty durlng the year was to manage the two projects run by the trustees, lrnpact Tralnlng and the Afrkan Carlbbean Befrlendlng SeN] to provlde service dlrectSy to the elderly and to contrlbute to the soclo*conomlc wellbelng of the community. The chaTIty also works In partnershlp wtth a number of organisatlons Inctudlng BLF-Avnrd for All, VIMCAIDMBC, Grlmmltt TrusL Everson Trust and a number of charities and communlty organtsatlons. The trustee5 delegate the day-trdaY responsibility for managlng the prokcts to the seNles manager and Maff. H¢)w our actlvltles dell¥er publlc benefiL The maSn attivltle5 and focus of the charlty have been the dellvery of employablllty tralnlng and development for unemployed Indlvlduals and soclal Ca provlslon for the communlty ft seryes wlthout exceptlons. which are undertaken In wrsuance of Its charltable purposes for the publlc. Development, actlvltles 2nd achievement thls year We a pleased to report thaL In splte of current fundlng pressure5 and the volat11 of the econornlc and polltlcal landscape, the Charlty contlnued to maintain a presence In the voluntsry and communlty servlce sector - dellverfng some of Its core actlvltles. albelt In a substantlally reduced capaclty- Fundlng pressures have had a dramatlc Impact on the charlty and Its ability to deliver needed 5ervlces. However, 2024125 has seen a marked improvement from the prevlous year. Whllst the Or8anlsation contlnues to face challenges In the form of sustalnable fundlng It has nonetheles5 managed to secure fvndlng from a number of }UrceS that has Improved Its vlablllty in the short to mldterm. The Befriendlng Servlce Cornmunity Care prolect has no core fvndln& to fa¢llltste pald staff to Co-ordinate the servlces belng dellvered- and therefore, Is dependent on the support and good wlll of volunteers whlch Ilmlts its ablllty to delfver a hollstk serv1. Whllst the prospects may appear somewhat dauntlng we are tsklng an optlmlstlc view and see thls as a great opportunlty for the organlsation to develop sustalnable strateeles for survival. We have been able to malntain an operatlonal presence In the sector In which we serve due by and large to good fortune and a dogged approach to survlval. In an effort. to remain sustalnable the Charlty and staff embarked upon a concerted effort to fund raise and bulld relatiortship with other organlsatlon5. The maln focus of our fund-raising efforts majored on phase two of the UK Shared Pr05perlty Fund. the Blg Lottery Communlty Fund phase 2 - a collaborate effort wlth 13 partner organlsatlons. The speclfie alm of whlch was In helplng unemployed Indlvlduals wlth slgntfkant barrlers to employment and to asslst them to progress closer to employment or educatlon. Th15 2-year programme was completed durlng the period of thls reporting period. The charlty secured additlonal fundln8 from the UK Shared Pr05perlty Fund People and Skllls and Multiply Programmes managed by Dudley MBC The charlty was also able to secure small pots of fvndlng from DM8C herltage and connertlng older people's funds. a anonymous funder, Everson Trust, Gwlmmltt Trust and Blg Lottery Award for All Fund. Impart Tralnlng Artlvitles: The rnain focus of attivity for Impact Tralnlng has been the dellvery of Black Country Futures Women & Lone paftt programme -phase two - year 2: secured through the BCF Strateglc Partnershlp. funded by 8LCF and rnanaged by Steps To Work: alone wlth the UK Shad Prosperlty Fund- Multlply programme- year 3," the People and Skllls Programme Incorporatlng ESOL English and Maths. Women and Lone Parents Programrne: Report Sumrnary Durlng the perl¢xl Aprll 2023 - March 2024 the Tlme2Soar programme was funded by a 2-year Natlonal Lottery Communlty grant secured through the Black Country Futures Partnershlp and a 6-month funding from Heart of England. The project alms to help women overcome barrier5 to employment by provldlng a comprehenslve blend of servlce5, Includlng workshops. 1-2-1 personalized support, Practkal advice on employment rlghts, Confldence bulldln& Employablllty skllls. and more. The key obJectlves/Achlevements of the program Durlng thls peflod, Tlme2Soar supported: Page 3
OUDLEY CAR188EAN & FRIENDS AssoaATION TNStÈ@$' Report for the Year Ended 31 Marth 2025 - 38 women enrolled working to overcorne barrters to employment - 2 women secured employment 10 women accesslng educatlon or training opportunities Challenges This year, the programme faced sl8nlficant ¢hallen8es after mIng to smaller premlses, whlch fimited our capacty to host group workshops and reduced acce to PC facllltles. These constralnts requlred us to relmagine our servke dellveryi shlftlng the focus towards 1-2-1 pèrsonallzed sUPPOrt whlch reduced the number of spaces avallable for partlclpants. Despite these challen8es, bve malned commstted to provldln8 meanlngful assIstan to all partlcipants, Impart Story- Anonymous "I'm a single mom of four and hadnl worked for nearly 15 years slnce ha¥ln8 my ChIldn. I was unsure where to begln. Wlth Flona's suppor¢ I realised that It wasn* lust about flndlng any Job but about finding the rlght lob for me to get a better future for me and my family. Ih slnce begun brushlng up on my IT skllls wlth onllne courses and have scheduled a Maths and English assessment wlth the DudlLy Adult & Communlty Learning hub. I'm hopeful that thls wlll lead to better-pald work and set a posltlve example for my glrls as a vrkIng mom." Future Plans Future Plans me2Soar remalns dedlcated to empowerlng women and lone parents to take thelr next Steps towards a brlghter future. Loon£ ahead, we alm to relntroduce group workshops, delivered vlrtually due to space Ilmltstlons at our current premlses. With additlonal fvndln& we plan to host these sessions In external venues, such as local libraries. To ensure effectlve participatlon, the programme wlll offer training to help partlclpants develop the necessary skllls for onllne engagement. . Uvshared Pr05perlty Fund- Mult1 Pro8ramme- Year 3 The Multiply Project Is part of the UK Shared Pr05perlty Fund {UK SPF) and Is managed by Dudley Metropolltsn Borough Councll IM8CI. The project aims to Improve numeracy skllls among adults, speclflcally those who are empl¢)yed and do not have a GC5E In maths at grade C or equivalent. The key oblectives of the program are to Increase Numeracy Skllls, Support Employment and Educatlon and Improve Labour Market Outcornes. Thls was to be achleved by focusln8 on financlal reslllence with a target group of vrkIng adults aged 19 and over, Ilvlng withln the West Mldlands CombId Authorltles IWMCAI area, prlmarily in Dudley. Four 5uppllers were engaged to deliver the program across Dudley borough and Included up to 20 hours of interventlon per partlcipant. wlth a mlnimum of two hours. Dellvery methods varied, Includlng group sesslons, onenne, and onllne fomiats, dependlng on the partlclpants, needs. The project started on the 4th Aprll 2024. endlng on 31st March 2025. Our Inltlal tsrget wa5 to work wlth 48 people over the perlod, encouraging them to partlcipate in pro8rammes to bulld their conftdence wlth numbers. Through the dedlcatlon and hard work ofthe team, we can report that durln8 perlod of the contract, we enrolled $4 participants, exceeding our tsrget by 12. Key achlevements Induded: - 54 partlclpants Improved thelr numeracy skllls and Ealned more finandal confldence 6 Partlclpants achieving Maths QualltScatlons 9 Increased labour market outcomes 15 Achlevlng qualiflcatlonslcourses Partlclpants reported Increased confldence with numbers, enhanced skllls and employrnent prospects and Improved flnanclal resillertce. Feedback highlighted that the programme was both enSoyable and practical: One Multiply partlclpant remarked: .1 want to get a dlfferent and a better paylng lob. Multlply has given me tlps on lW to do thls. Multiply can glve you a lot of good tlps on how to Improve your flnanaal res11len and how to Improve yourself.. C. The UK Shared Pmsperlty Fund- People and Skills Programme People and Skllls were part of the UK Shared Prosperlty Fund IUK SPF) and was managed by Dudley MetropolStsn Borough Councll {OM8CI. The project almed to support economlcally Inactlve Indlvlduals to Improve employablllty, basic skllls, and social InclusSon through tallored tralnln8, lob support and confldence-bulldln& partklpants galned skllls, employment opportunitles and greater independence. The oblectlve of People and Skllls was to support economlcally Inattlve resldents to Improve employability. Ilfe skllls and 50clal Incluslon. The prolert also helped partlclpants address personal barrlers and to secure and sustaln employment throu8h person%entred. one-tmne support. Page 4
DUDLEY CARIBBEAN & FRIEP4DS AssoaATION Trustees, Report forthe Year Ended 31 Mar¢h 2025 In addltlon to thls, DCFA atso tended for and dellvered Engllsh, Maths and ESOL prov151on for People and Skllls partklpants. Engllsh and Maths were delfvered flexlbly on a one-tOne ba$, whlle ESOL was adapted to small group sesskns that proved hlghly effectlve. Learners showed clear Improvements In confldence and abllity, wlth some movlng from rellance on translatlon tools to holding Independent conversatlons. The group format also reduted isolatlon, fostered frlendshlps. and created a supportlve leamlng environment. Particlpants described the sesslons as enjoyable and expressed a strong desire to contlnue. and demand remalned evident wlth further enqulrles even after the project concluded. Impatt Training met the target of 53 partlclpants over the Ilfe of project {July 24-March 251. who were engaged vla marketin& word<•f-mouth and partnershlp wbth the DWP. Desplte barrlers faced by the economically Inactive, the programme managed to achleve the followlng outcomes: - 7 partlclpants galned employrnent, wlth - 37 supported to engage in Job searchin& and a further - 44 engaglng in life skllls. Addltlonal outputs Included: - 70% of particlpants reported In¢aSed employabllity and dUCed structural barrlers to thelr employment. - 65% reported that they were famlllarlsed wlth employer expectètlons 25% galned a baslc sklll {English, Moths. ESOL, IT) - 80% Increased thelr confidence due to support. Impact Storfes". TP Jolned People and Skills through Dudley Job Cent, having been economical inactlve as a carer for her daughter, but eager to return to work due to financlal preswres. Wlth tsllored support. she qulckly galned a new CV. job search guldance, and InteThlew practlce. Within three weeks, Tr secured a neWb her desired. TP sald: "I love my new lobl My self<onfldence has grown. I couldnt have done it without ImpartTralnlng' MN lolned People and Skllls and enrolled in ESOL classes. Snitially. MN lacked confidence In her language skllls, but over the course of the projert. she began speaking more, engaglng with peers, and seekln8 help Independently. Her tutor noted how well she connected wlth others and how much progress she made In confldence and communlcatlon. MN was also supported wlth Job searchln& CV and dlgltal skllls. She Is now hoplng to move Into deanlng work and Is proud of howfar she has corne. eefrfendlng sek¢ A¢tivlties The Befrlendlng Senilces, based at Henry Cour¢ a houslng project managed by Nehemlah UCHA has contlnued to deler essentlal soclal care seNlces to older adults, wh a partlcular focus on African Carlbbean elders. The service has wltnessed an Increase In self-refeffals from the wlder community. reflectlng the growlng number of older people seekln8 SUPPOrt. Thts year, this weekly service has once agaln demonstrated the power of communlty. compasslon, and continulty. Between Aprll 2024 and March 2025, our team of dedkatsd volunteers worked tlrelessly to provlde fdendshlp. hot meals, and Èmotlonal wpport to some of Dudley's most vulnerable older re51dents. Deste on80Sng financial pressu, we have continued to dellver a conslsten( per50n<entred ser4l¢e that prlorltises wellbeing and dignlty. <er the period of thls report, we achleved the followlng outcomes: Dellvered 1.440 hot meaLs. both through on-slte lunches. collectlons and some tKme delivwles to the house bound. - Supported den$ of older resldents wlth weekly telephone contsrt, reduclng Isolatlon and promotlng soclal connectlon. - Worked wlth 10 commltted volunteers, trnined In safeguardln& flrst aid, and food hyglene. stngthened partnership5 wlth the Black Country Food BanK Nelqhbourty, and other l(Jcal organlsatlons IncludlnE the local business communlty. Organlsed creatlve and cultural artmties. includln8 a photO8raphy collaboratlon with Oudley College, vlslts to the Black Q)untry Uvlng Museum for Wlndrush Day• and an outlng to the Oudley Canal Trust. Our Chrlstmas Lunch In December brought together 55 partlclpants for a shad celebratlon fllled wlth warmth, laughter, and communlty spirlt. These moments captu the essence of what we do, connetting people, creatSng Joy. and bulldlng resllience through frlendshlp. Whlle we celebrated successes, we also faced challen8e5. The concluslon of our meals-on-wheels drlver funding hlghllghts the urgent need to secure su5talnable support for servlce contlnulty. Nevertheless, our volunteers and partners have shown rernarkable commltment and •daptablllty throughout the year. Page 5
DUDLEY CARIBBEAN & FRIENDS ASSOCIATION Trusted Report for the Year Ended 31 March 2025 Looklng aad. our prlorities Include: - SecurSn8 new fundlng to sustsln and expand the ser¥ke. Broadenlng volunteer recrultment and tralnlng. Inueaslng soclal actlvltles to further tsckle lonellne. - Deepenlng collaboratton wth kjcal food and health partners to Improve wellbeln8 outcomes. To8ether, we remaln steadfast In our mls51on to brlni comfort, companlonshlp, and connectlon to every person we serve. FINANCIAL REVIEW Flnanclal revlew As before, agalnst the backdrop of Ilmlted fundlng opportunltbes, and local and natlonal 8o¥ernment prlorltles It has been qulte thallen8lng to develop the 8efrlendln8 Servke projert beyond Its present capabllltles. The charlty contlnues to revlew present seThlces wlth a ¥Sew to dlverslficatlon and rnovlng Inlo other related dlsclpllnes wlthln the scope of its tllble purposes. to ensure It remalns rèlwant and vlable The prlnclpal fundlng source for Impact Tralnln8 has been Income from sub<ontractln8 to lar8er supply chaSn provlders. However, In recent tlmes fundlng Incomes have medlum slze contracts wlth DMBC won throu8h a cornpetltlve tenderlnB process along-slde other small pockets of grants from sources prevlously mentloned, these grants have been awarded for speclflc pleces of work and do not contrlbute In any meanln8ful way to the charltles overhead costs. Through the comblned effort and hard work of the stsff team and mana8ement, we managed to malntaln a modest wrplus to provlde some contlnulty durlng the next fln•nclal year. The charrty's present accomrnodatlon Is a much smaller unlt and offers Ilmlted scope for expanslon In terms of ser¥kes and staffln8. However, In vlew of the current fundlng dllemma the Twstees have had no alternatfve but to downslze In order to reduce operatlng costs and to sustaln a presence In the sector, The accommodatlon Is currentty let on a 12 monthly renewable lease basls and currently houses the staff of both lrnpact Tralnln8 prolect and 8efrlendlng Sepilce. The Statement of Flnanclal Actlvltles shows total In¢omln8 resources for the year of £152,01212024: £92,665) and totsl resources expended In the sum of £102,131 12024: £75,319) resu5tln8 In a net Income of 49,88112024: E17.3461. Reserv pollcv The Trustees have examlned the charlty's requlrement for reserves In118ht ol the maln rlsks to the organlsatlon. The Ass<Klatlon need reseryes to brldge the gap between spendlng and Income and to cover any unplanned emergency expendlture. The tru5tee5 have establlshed a pollcy whereby the unrestrlcted funds, not deslgnated for the next 12 months or Invested In flxed assets. should be malntslned at a level that VAII fvnd the mana8ement and admlnlstratlon •ctMtles for at least the next 12 months. R15k fflan88•m•nt The trustee5 monltor the major strateglc, buslness and operatlonal rlsks, whlch the charlty faces to ensure that systems are adequate to mltlgate these rlsks. The maln threat to the charlty Is obtalnln8 5UStalnable funds for the respertlve projects. Fund ralslng Is an ongolng activlty and Is taklng an ever Increaslng amount of senlor management resources. However, the trustees are confldent that the charlty's good track record of seIce dellvery and prudent tlnanclal management has placed the organisatlon In a 8ood posltlon to overcome the threats. Investments The constltution Juthorlses the trustees to make and hold Investments usln8 the yneral fund$ of the charlty. The trustees have consldered a low rlsk strate8y such as Short term money maiket placements. Pa8e 6
DUDLEY CARIBBEAN & FRIENDS ASSOCIATION Trustees. Report for the Year Ended 31 March 2025 FUTURE PLANS The charty plans to contlnue bts artlvitles outllned aljove subject to adequate fundlng belng secured. The trustees are constantly aware of the Importance of the charlty being able to advocate and facilitate additional funding by taking up government and non- governmental opportunltles and support. both locally and natlonally. The future Is not as optlmlstlc as It mlght have been and In vlew of the funding uncertaintles detsiled in the report, the trustees have identlfted a number of strate8les to mltlgate thls uncertalnty: l. To seek oppjrtunbtles to tenderfor government and l¢xal authorKy contracts In the welfare toVk tralnln8 sector via Impact Tralnlng. 2. To develop our partnershlp arrangement with major organlsatlons within the supply chain sector to Improve our opportunlty to dellver tralnlng and support servlces to the unemployed and others 3. To identify potentlal funders that wlll support new project Inluatlves targeted at vulnerable and Isolated Indlvldual wlthln the BAME communlty Includlng 818 Lottery. 4. To develop servlces that wlll Benerate sustalnable Income. 5. To Identlfy and Implement cost savin8s as an on8oln8 exerctse. STRucfuRE, GOVERNANCÉ AND MANAGEMENT Governlng document The charity Is controlled by its 8oveminB d(Kument, a deed of trust and constltutes an unincorporated charlty. Trustees The trustees are governed by the constltutEon of the eharlty. The Board of Trustees Is authorlsed to appolnt new trustees to fill vacancles arlsing through reslgnatlon or death of an exlstlng trustee. Approved by order of the board of trustees on 22 January 2026 and slgned on bts behalf by: L W Bruce - Chalr-Trustee Page 7
Independent Examlner's Report to the Trustees of DUDLEY CARIBBEAN & FRIENDS AssoaATION Independent examlner's report to the trustees of DUDLEY CARIBBEAN & FRIENDS ASSOCIATION I report to the charity trustees on my examlnatlon of the accounts of DUDLEY CARIBBEAN & FRIENDS ASSOCIATION (the Tru5t} for the year ended 31 March 2025. ftesponslblljtles and basls of report As the charlty trnstees of the Trust you are responslble for the preparatlon of the accounts In accordance wlth the requlrements of the Charltles Act 2011 {'the Act'l. I report In respect of my examlnatlon of the Trust's accounts carrled out under Sertlon 145 of the Art and in earryln8 out my examlnation I have followed all appllcabte Olrectlons glven by the Charlty Commlsslon under Sectlon 145{5llbl of the Act. Independerf ex3rnlner's statement I have completed my examlnatlon. I conflrm that no rnaterlal matters have come to rny attentlon In connectlon wlth the examlnatlon glvlng me cause to belleve that In any materlal respect: accountlng records Vre not kept In respect of the Trust as requlred by Settlon 130 of the Act; or the accounts do not accord wlth those records; or the accounts do not comply wlth the appllcable requlrements concemlni the form and content of accounts set out In the Charltles (Accounts and Report51 Regulatlons 2008 other than any requlrement that the accounts glve a true and falr vlew whlch Is not a matter consIded as part of an Independent examlnatlon. I have no concerns and have wme Kross no other marters In ¢onnectlon wlth the examlnatlon to whlch attentlon should be drawn In thls report In order to enable • proper understandlng of the accounts to be reached. Colln Dalton FCA Dalton Pardoe Llmlted Chartered A¢countants 794 Pllgh Street Kln8swlnford West Mldlands DY6 8BQ 22 January 1026 Page 8
DUDLEY CARIBBEAN & FRIENDS ASSOCIATION Statement of Fln•n¢lal Actfvltles for the Year Ended 31 March 2025 31.3.25 Total nds 31.3.24 Total fvnds Unrestrtcted fund Restrlcted funds Notes INCOME AND ENDOWMENTS FROM Donatlons and legacle5 151,189 151,189 92,250 Investment Incame 378 445 823 415 Total 378 151,634 151012 92,665 EXPENDITURE ON Charltable artlvftles Expendlture lo2,1 102,131 73,741 Other 1,578 Total 102,131 lo2.1 75,319 NeT INCOME 378 49A03 4981 17,346 RECONCILIAnON OF FUNDS Total funds brought forward 15,1 29,226 44,336 26,990 TOTAL FUND5 CARRIED FORWARD 15A88 78,729 94,217 44,336 The notes form part ofthe5e flnanclal statements Page 9
DUDLEY CARIBBEAN & FRIENDS A550aATION Balance Sheet 31 March 2025 31.3.25 Totsl fund$ 31.3.24 Total funds Unrestricted fund Restrlcted funds Notes FIXED ASSETS Tanglble assets L038 ¥038 1,385 CURRENT A55ETS Debtors Cash at bank and In hand IL486 14246 13.965 46,981 78,729 92,975 25.732 78,729 11)4A61 60,946 CREDITORS Amounts falllng due withln one year {112821 IIL2821 117,9951 NET CURRENT ASSETS 14,450 78,n9 93.179 42,951 TOTAL ASSEfs LESS aiRRENT UABILMES 15A88 74729 94,217 44,336 NEfASSETS 15,488 78,729 94.217 44.336 FUNDS Unrestrlcted funds Restrkted funds 15,110 29.226 78.729 TOTAL FUNDS 94.217 44,336 The finandal statements were approved by the Board of Trustees and authorlsed for Issue on 22 January 2026 and were slgned on its behalf by: L W Bruce - Chalr- Twstee The notes fomi part of these financlal staternÈnts Page 10
rDLEy CARIBBEAN & FRIENDS AssoaATIOM Notes to the Hnandal Statements for the Year Ended 31 Marth 2025 B•$b of preparfn8 the flnandal statem The financial statements of the charity. which is a publk benefit entity under FRS 102. have been prepared In accordance wlth the Charities SORP IFRS 1021 'Accounting and Rewrting Charities: Ststement of Recommended Practl¢e appllcable to charltles preparlng thelr accounts In accordance w5th the Flnanclal RebXXting Standard applkable In the UK and Republlc of Ilartd (FRS 1021 (effettive l January 20191., Financol Rewrting Standard 102 The Flnanclal Reportln8 Standard appllcable In the UK and Republlc of Ireland and the Charltle5 Art 201L The flnandal statements have been prepared under the hlstorlcal cost conventlon. Income All Income Is reco8nlsed in the Staternent of Fln•nclal Activltles orKe the charlty has entltiement to the funds, It Is probable that the income will be Ceived and the amount can be Trsured lIab. Expendlture Llabllitle5 are recognlsed as expendlture as soon as there Is a le¢al or construth obllgatlon commbttlng the tharity to that expendlture, It Is probable that a trnnsfer of economlc benefits wlll be requlred In settlement and the amount of the oblltation can be rneasured renabty. Expendliure Is accounted for on an accruals basts and has been cksslfied under headlngs that aggregate all cost related to the category. Where costs cannot be dI¢tty attributed to partlcular headlngs they have been alkxated to actr4tt*s on a basis c¢)nsbtsnt wlth use of resources. Tan8lble fixed assets Depreciation is pr(Nlded at the followlng annual rntes In orderto write off each asset over Its estlmated useful Ilfe. FIxtu$ and fittin85 Motor vehkles Conwuter equlpment IO% on cost 25% on cost 20% on cost T4xatlon The charity Ls exernpt from tsx on Its charltable actmtles. Fund accountlng Unrestritted fund5 can be used In accordance with the charbbk obfvCtfv at the dlscretlon of the trustees. Restritted funds can only be used for partKular restrirted wrposes wlthln the objects of the eharlty. Re5trlctlons arlse when specffied by the dorw or vthen funds are ratsed for partlcular restrlrted purposes. Further explanatlon of the fiatU and wrpose of each fvnd ts Induded in the note5 to the flnanclal statement DONATIONS AND LEGAaES 313.25 Totsl fund$ 31.3.24 Total funds Unrestricted funds funds Donations Grants .801 I481 92,250 15L189 15L189 92.25D Page 11 contlnued...
Ilotesto the Flnandal Stalements. contlmied for the Year Ended 31 Marth 2025 DONATIONS AND LEGAaES. Mnthwed Grants reCeed, Included In the ab(Ne, are as folkms: 3L325 31.3.24 Black Country Future5 Heart of England- Communlty Matters Health Inequalities Good Thlngs Foundatlon DMBC-Community DMBC- Multlply Annonymous Char•ty Befrlendlng Ser4ke DMBC- Heritage projert OMBC- People and Skills Natlonal Lottery- Awards for all DMBC- Connectlng older people Eveson Trust Grtmmltt Trust 16,786 16,786 3.914 7,349 3.775 2.526 44,084 12.780 1,036 48J30 17.000 4.900 49.019 903 960 1,200 148AOi 92,250 INVESTMENT INCOME 3L32S Total nds 31.324 Total hjnds Unrestricted funds Restrlcted funds Deposlt account Interest 3n 445 415 TRUSTEES, REMUNERATION AND BENEFIT5 There were no trustees, remuneratlon or ather beneffts for the year ended 31 March 2025 nor for the ar ended 31 March 2024. There were no trustees, expenses pald for the yearended 31 March 2025 nor for t year ended 31 Marth 2024. unf¢ted fund Restrtrted fund5 Totsl fuThls INCOME AND ENDOWMENTS FROM Donatlons and legacies 92,250 92,250 Investment income 270 145 415 Total 270 92.395 92,665 EXPENDITURE ON Charltable a¢¢lvltles Expenditure 73,345 73,741 L578 1.578 Total 1,974 73.345 75,319 NEf INCOMV(EXPEIKmRE) IL704) ,050 17,346 PYR 12 contlnued...
DUDLEY CARIBBEAN & FRIENDS ASSIXIATION Notes to the Flnandal Statements- conllnued forthe Year Ended 31 Marth 2025 COMPARATIVES FOR THE STATEMENT OF FINANaAL AcfMnE5- contlnued Unrestrlrted fund Restrfrted fun(ts Totsl funds RECONaLIATION OF FUNDS Total funds brought forward 16,814 10,176 26.990 TOTAL FUNOS CARRIÉO FORWARD 15,110 29,226 44.336 TANGIBLE FIXED ASSETS Fixtures and fittinBS Motor vehlcle$ Computer equlpment Totals COST At l Aprll 2024 and 31 March 2025 L996 25.700 8,991 36M7 DEPRECIATION At l Aprll 2024 Charge for year L762 59 25.700 7WO 288 35302 347 At 31 March 2025 L821 25.700 8.128 35,649 NEf BOOK VALUE At 31 March 2025 175 863 At 31 March 2024 234 1,151 1.385 DEBTORS: AMOUNTS FAWNG DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trnde debtors Prepayments and accrued Income 7354 4,132 11,683 2,282 IL486 13,965 CREDITORS: AMOUNTS FALUNG DUE WIThIN ONE YEAR 31.3.25 31.3.24 Trade creditors Soclal se¢urlty and other taxes Other credltors Accrued expenses Deferred government grants 470 579 150 1713 3.260 1,371 150 1.566 14,026 11.282 17,995 Page 13 contlnued...
DUDLeY CARIB8EA14 & FRieNDSAS%)aATION Notes to the Fthandal Statements. contlnued forthe Year Ended 31 Marth 2025 MOVEMENT IN FUNDS Net movement In funds At 31.3.25 At 1.4.24 Unrestrlcted funds General fund .1 3n Restrlrt¢d fvnth Impact TralnlnB 8efrlendln8 28.139 73.127 5,602 4.515 29226 49.503 78.729 TOTAL FUNDS 49,811 94,217 Net movement In funds, Included In the ab are as follw: Incomlni Resources expended M(wement In fvnds Unr¢strlc¢¢d funth General fund 378 trkt•d funds Impart Tralnlni BendIng 1.683 18.951 (87.695) 114.436) 4,515 L634 49,503 TOTAL FUNDS 152,012 iioiui) 4981 Comyr•tlvM for mvrnent In fundi Net movement In fvnds At 31.3,24 At 1.4.23 Unfestrfrted funds General fund 16.814 11.704) 15,110 Restrlrted funds Impact Tralnln8 Befrlendln8 10,176 17,963 1,087 28,139 1,087 10,176 19,050 29,226 TOTAL FUND5 26,990 17,346 44,336 Pa8e 14 contlnued...
DUOLEY CARIBBEAN & FRIENDS A550aATION Notes to the Flnand31 Statements- contlnued lor the Year Ended 31 March 2025 MOVEMENT IN FUNDS- ¢ontlnued Comparatlve net movement In funds, Included In the above are as follows: Incomln8 resources Resources expended Movement In fvnds Vnrestrlrted funds General fund 270 11,974) 11,704) Re5trfrted funds Impact Tralnlng Befrlendlng 82,259 10,136 164,2961 19,0491 17,963 1,087 92,395 173,3451 19,050 TOTAL FUIIDS 92,665 175,3191 17,346 io. RELATED PARTY DISCLOSURES There were no related party transactlons for the year ended 31 March 2025. Pa8e IS
DUDLEY CARIBBEAN & FRIENDSASSOCIATION Detsll¢d Statement ol Flnaft¢lal A¢tl¥ftles for the Year Ended 31 March 2025 31.3.25 Total funds 31.3.24 Totsl funds Unrestrlcted funds Restrlcted funds INCOME AND ENDOWMENTS Don•tlons and le8ades Donatlons Grants 2.388 I4801 2.388 148,801 92,250 151189 151.189 92,250 Investment Incom¢ Depostt account Interest 378 445 823 415 Total lThcomlry resources 378 151634 151012 92,665 EXPENDiniRE Charitsble actlvltles Traineel Cllent co$ts Stafl Costs Insurance Prlntlng and ststlonery Telephone and postage Advertlslng & promotlons Repalr5 and mjlntenance Rent and servlces Caterlng ond day care Heatln8 and Ilghtlng Sundry expenses Bank ¢har8es and Interest Volunteers expenses Subscrlptlons Professlonal & consultancy Depreclatlon 5.594 67,819 &203 823 5,594 67.819 1,203 823 894 1.507 52.118 1,220 590 672 L507 6,697 10.273 &631 6,697 10,273 1,631 8,765 571 226 Z74 149 384 274 149 384 359 416 416 579 100,064 100,064 73,729 Support costs 6¢ernan tosts Independent examlner Sundrtes L751 316 1.751 316 7SO 067 2,067 1,590 Totsl resources expended 101131 102,131 7S.319 Net Income 378 49.503 4981 17,346 Thls page does not form part ofthe statutory financlal statements Page 16