Charity Accounts Intelreading the accounts so you don’t have to

AFRICAN CARIBBEAN COMMUNITY INITIATIVE (A.C.C.I.)

Registered charity 1081996 · accounts filings on the Charity Commission register · also known as ACCI, AFRICAN - CARIBBEAN COMMUNITY INITIATIVE (A.C.C.I.)

Get email alerts for this charity

Latest income
£1.2m
Latest spending
£1.5m
Registered
2000
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net deficit of £249,257 for the year, reducing total reserves from £556,595 to £307,338. Per the trustees' report, unrestricted funds are in a deficit of £62,665, which is below the stated policy target of three to six months of expenditure (£372,868 to £745,736). The trustees have implemented cost-saving measures and secured grants to project a return to a surplus position by the end of the current financial year.

What the accounts disclose

Reserves policy: three to six months of the resources expended
“The Management Committee have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (the free reserves) held by the charity should be between three and six months of the resources expended, which equates to between £372,868 to £745,736 in general funds.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by LMH Accountants Ltd T/A Trevor Jones & Co. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.2m
Total spending
£1.5m
Reserves (reported)
£307k
Employees
50

Reported reserves equal ~2.5 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Birmingham City · Coventry City · Dudley · Sandwell · Solihull · Walsall · Wolverhampton

Income and spending

Financial year endIncomeSpending
31/03/2025£1.2m£1.5m
31/03/2024£1.5m£1.5m
31/03/2023£1.2m£1.3m
31/03/2022£1.4m£1.2m
31/03/2021£1.2m£1.1m

Common questions

Is AFRICAN CARIBBEAN COMMUNITY INITIATIVE (A.C.C.I.) financially healthy?

The accounts state that the charity incurred a net deficit of £249,257 for the year, reducing total reserves from £556,595 to £307,338. Per the trustees' report, unrestricted funds are in a deficit of £62,665, which is below the stated policy target of three to six months of expenditure (£372,868 to £745,736). The trustees have implemented cost-saving measures and secured grants to project a return to a surplus position by the end of the current financial year. Its FY2025 accounts were audited by LMH Accountants Ltd T/A Trevor Jones & Co.