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WEST BROMWICH AFRICAN CARIBBEAN RESOURCE CENTRE

Registered charity 1091956 · accounts filings on the Charity Commission register · also known as ACESS, ACRC CARE, STEPS TO WORK, WBACRC

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Latest income
£1.6m
Latest spending
£1.7m
Registered
2002
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity returned an operating surplus of £51,813 for the year ended 31 March 2023, with total income increasing to £1,293,917. Per the trustees' report, the charity remains solvent and is a going concern, having secured a significant five-year home care contract to provide stability. The trustees note that the economic downturn and reductions in charity giving have led them to aim for reserves equivalent to three months of running costs.

What the accounts disclose

Reserves policy: three months of running costs (held: £192k)
“Considering the economic downturn and reductions in charity giving, Trustees believe that 3 months running cost is more realistic in the present climate and will work towards achieving that in the coming years.” — page 12
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: Club Carib Limited
“The company owns 100% of the shares of Club Carib Limited making it a wholly owned subsidiary of West Bromwich African Caribbean Resource Centre.” — page 30
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Harrison Beale & Owen Limited. Discloses 4 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Structured financials (annual return, FY ending 01/04/2025)

Total income
£1.6m
Total spending
£1.7m
Reserves (reported)
£196k
Employees
69

Reported reserves equal ~1.4 months of spending — in the bottom quarter 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
01/04/2025£1.6m£1.7m
01/04/2024£1.5m£1.4m
01/04/2023£1.3m£1.2m
01/04/2022£1.1m£1.2m
01/04/2021£1.2m£1.1m

Common questions

Is WEST BROMWICH AFRICAN CARIBBEAN RESOURCE CENTRE financially healthy?

The accounts state that the charity returned an operating surplus of £51,813 for the year ended 31 March 2023, with total income increasing to £1,293,917. Per the trustees' report, the charity remains solvent and is a going concern, having secured a significant five-year home care contract to provide stability. The trustees note that the economic downturn and reductions in charity giving have led them to aim for reserves equivalent to three months of running costs. Its FY2023 accounts were audited by Harrison Beale & Owen Limited.