North Smethwick Dèvelopment Trust
Charlty No. 1035308
Company No. 02736636
Trustees, Report and Unaudlted Accounts
31 March 2025

North Smethwick Development Trust
Contents
Pages
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
2tolO
li
12
Balance Sheet
13
Notes to the Accounts
14to19
Page I

NORTH SMETHWICK DEVELOPMENT TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS REPORT)
YEAR ENDED 31 MARCH 2025
The Trustees, who are also Directors of the charity for the purposes of the Companies Act 2006,
present their report and unaudited financial statements of the charity for the year ending 31 March
2025
TRUSTEES
During the year the following people served as Trustees:
A McFarlane
P Kaur Randhawa
R K AggarNal
M Trump
S Bloomer
A Lewis
T Prosper
S Shama
C Burton
Chair
Vice-chair
Resigned 1 sl September 2024
Resigned 3191 December 2024
Resigned 27th March 2025
Appointed 281h March 2025
Appointed 4th June 2025
Appointed 4th June 2025
DIRECTORS
During the year the following people senied as Directors of the company,.
A McFarlane
P Kaur Randhawa
R K Aggamal
M Trump
S Bloomer
A Lewis
T Prosper
S Shamia
C Burton
Chair
Vice-chair
Resigned 1 Jt September 2024
Resigned 31 $1 December 2024
Resigned 27th March 2025
Appointed 28th March 2025
Appointed 41h June 2025
Appointed 4° June 2025
COMPANY SECRETARY AND CHIEF EXECUTIVE OFFICER
J Harrison BEM
ACCOUNTANTS
BVSC
Latham House, 33-34 Paradise Street, Bimiingham, B12AJ
BANKERS
Unity Trust Bank
4 Brindley Place, Bi￿nInghaM, B12JB
HUMAN RESOURCES AND HEALTH & SAFETY ADVISORS
Worknest
Head Office - Woodhouse, Church Lane, Aldford, Chester, CH3 6JD
INSURERS
Zurich Insurance Company Limited
UK Branch Head Office: The Zurich Centre. 3000 Parkway. Whitely, Fareham. Hampshire, P015 7JZ
Page 2

NORTH SMETHWICK DEVELOPMENT TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS REPORT)
YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is constituted as a Company Limited by Guarantee. The members of the company are the
Trustees. In the event of the charity being wound up. the liability in respect of the guarantee is limited
to £1 per member of the charity.
The Memorandum and Articles of Association govern the charity together with the policies made by
the Trustees.
The Directors of the company are also charity Trustees for the purposes of law and under the
company's Articles are known as the Board of Directors. Under the requirements of the Memorandum
and Articles of Association th8 members of the Board of Directors are elected to senie a period of
three years after whlch they must stand down and be re-elected or resign at the next Annual General
Meeting,
Recrultment and appolntment of new trustees
The Board of Directors are keen to ensure that the Trustee body reflects the diversity of the North
Smethwick area as well as possess relevant skills to undertake the governance and oversee the
strategic direction of the organisation.
Induction and training of new trustees
The Directors are familiar with the practical work of the charity, having been involved with the
organisation for many years. New Directors are inducted into the workings of the charity. An induction
pack for Directors is issued to all new Directors, giving details of financial position, Minutes from last
Annual General Meeting, Latest Board Meeting notes and Handbook including Code of Conduct.
Organlsatlonal structure
North Smethwick Development Trust has a Board of 6 Directors, with a capacity of up to 11 members.
They meet quarterly and are responsible for the strategic direction and policy of the charity. The Board
has a membership consisting of people that live andlor work in North Smethwick and who are from a
variety of professional backgrounds relevant to the WO￿ of the Trust.
During the year, the Board held quarterly meetings. Sub group meetings (Finance & HR and
Governance, Risk & Strategy) of the Board meet quarterly throughout the year.
Day to day responsibility for the workings of the Trust rests with the Chief Executive Officer (CEO).
The Chief Executive Officer is responsible for ensuring that the charity delivers the services specified
by the Board and that key performance indicators are met. The Chief Executive Officer is also
responsible for the supervision of the staff team and volunteers and also ensuring that the team
continue to develop their skills and workin9 practices in line with best practice and to meet the needs
of the charity's causes.
The financial administration is the responsibility of the Finance & Administrative Officer including the
preparation, management and monitoring of the management accounts and the line management of
the caretaking and cleaning team and our Community Fcrfjd Hub Manager was responsible for the
operational running of the food pantry servi￿, as well as the recruitment and development of
volunteers enrolled to support the food panty service until is closure in December 2024. We
introduced a new role of Community Development Worker in January to support the development of
community engagement, promotion and development within the local community. Also, we have
recruited to a Customer Service Apprenticeship role to aid operations. The Car Park Team Leader is
responsible for the operational running of the match day parking service and car park stewards.
Pag¢ 3

NORTH SMETHWICK DEVELOPMENT TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS REPORT)
YEAR ENDED 31 MARCH 2025
Related parties
In so far as it is complimentary to the Trust's objects, the organisation is guided by local, regional and
national policy. In 2013 the Trust signed a 99-year lease agreement with Sandwell Metropolitan
Borough Council. We are supported for our Health and Safety Management and Human Resources
responsibilities by Worf<nest.
Risk management
The Board of Directors have a duty to identify and review the risks to which the charity is exposed and
to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
A range of risks have been identified by the Trust and is guided by the Charity Commission's'charities
and Risk Management Guidance (CC26). Financial security and future sustainability is being in part,
addressed by the development of existing Community Business to generate sustainable income to
achieve financial independence. Internal control risks are minimised by the implementation of a risk
register managed by the Chief Executive Officer at an operational level, in line with our Risk
Management Policy. Procedures for the authorisation of all transactions and projects, are laid out in
our Financial Policy & Procedures. Procedures are in place to ensure compliance with health and
safety of staff. volunteers, clients and visitors to the Brasshouse Centre. A number of organisational
policies were reviewed during the year. These risks are managed Ihrough the Governance, Risk and
Strategy Sub Group who meet quarterly and all red risks are reported to the Full Board of Directors.
The categories of risk measured and monitored are:
Financial
Governance
Operation
Compliance, and
Environmental
OBJECTIVES AND ACTIVITIES
Objectives and aims
The principal aim of the charity is to achieve the social, economic and environmental regeneration of
North Smethwick and provide the means by which the residents of North Smethwick and surrounding
areas can actively participate in and contribute to the process of improving the quality of life for all
people living in the area.
Our Mlsslon
To be widely recognlsed as a leading community anchor organisation providing seNices for our
community. Locally owned with active involvement from the community, the Trust will continue to make
a real and positive contribution to the lives of people in North Smethwick. Itwill be seen as an essential
partner for agencies operating in North Smethwick and the viider area. The Twst will be financially
independent with income streams derived from its own assets and social enterprise.
To support our aim we. have a defined set of ambitions. these being
Health & Wellbelng
We want to work with our local community to improve health and
wellbeing.
We want to work with our local community to reduce the impacts of
poverty.
Children & Young People We want to help and support our children & young people reach their full
potential.
Reducing Poverty
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NORTH SMETHWICK DEVELOPMENT TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS REPORT)
YEAR ENDED 31 MARCH 2025
Proud of our community We want to make our local community a place where people feel pride
in where they live and work.
Publlc Benefit Statement: Objectives and Activltles for Publlc Beneflt
The trustees have referred to the guidance from the charities commission on 'Charities and Public
Benefit,. The trustees are confident that the aims and activities of North Smethwick Development Trust
to provide a range of s8Nices and activities for local people are in accordance with the regulations on
public benefit.
These activities are primarily to aid health and wellbeing and to facilitate the residents of North
Smethwick to actively participate in, and contribute to, the process of improving the quality of life in th8
area. Details of activities delivered is provided in the next section of the report.
ACTIVITIES DURING THE REPORTING YEAR
Following a series of consultation, community conversations and evidence-based research, we have
developed and delivered opportunities for activities directly or in collaboration with partners
undertaken by the Trust and these include:
We hosted a cost of living day in whlch the wlder community donated new and pre-loved coats to
local families. (we had 150 surplus coats after giving away 95 so we gave them to another local
charity, 8rushstrokes, for their service users)
In December, we hosted a community Christmas meal in which we had the two local PCSO'S
(Police Community Support Officers) attend and served food to local community members.
One to one counselling support sessions, as well as group sessions.
In August 2024 we facilitated a coach trip to Blackpool and also in August 2025 we organised
another coach trip to Weston Super Mare.
Canals & River Trust Joint working for monthly Mindfulness Walks and Canal Litter Picking
sessions
We wod(ed wlth the Book trust and The National Literacy Trust to distribute 600 books for local
children, these comprised books for children aged 0-2, 3-5, 6-9 and 9-12 years. We wort(ed wilh
local organisations and schools to ensure a wide reach.
Cost of Llvlng Advlsors, with support from Sandwell Consortium and the Sandwell Advice
Providers Network, we were able to respond to the cost of living crisis through the offer of
Information, Advice and Guidance on (IAG) welfare benefits, reduction of debt, completion of
fonns. employment and consumer advice.
Up until December 2024, we ran Our Food Panty as a way to tackle issues of food povety within
the local community in a more sustainable way. This enables local people to access affordable
food, household items, period products, personal hygiene products and laundry and cleaning items
to people most in need.
Continued with our volunteering initiatives following receipt of funds from Sandwell Community
Hubs. This enabled volunteer support in café and catering, aministration, gardening, community
support as well as events and activities.
Growing Friends Gardening Club for mental health and wellbeing
Delivery of a range creative arts activities to support the mental health and well-being of people
including sewing, knitting, crafting and arts and crafts.
We offered our centre to being a Welcome Space to support people in need through the winter
and colder months to take the pressure off the costs of heating their home by providing a wam
space and also hot drinks and snacks. This also helps us provide and advice and information.
We worked with Murray Hall Community Trust to host digital classes for older people to build their
confidence using digital technology as well as helping to reduce isolation and improve social
connections.
We have supported 3 young people from local schools gain valuable work experience as part of
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NORTH SMETHWICK DEVELOPMENT TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS REPORT)
YEAR ENDED 31 MARCH 2025
their personal and future career development
We hosted a number of community activities such as October half term out of school community
fun day for families, Christmas dinner and party and distributed new toys, books and clothing to
disadvantaged local people in need.
We hosted fitness classes such as Yoga and Tai Chi.
Provision of ESOL (English for Speakers of Other Languages) to aid developing English language.
social interaction, health literacy and employability thanks to funding from Sandwell Consortium
and the Sandwell Leaming Ne￿ork.
Cost of Living Counselling Support Sessions, thanks to funding from the Heart of England
Community Fund and Harborne Parish Lands Charity.
Weight Management and Fitness Classes
Women's Health Events in partnership with Central Health Partnerships and the Local Social
Prescriber
Two provisions of the NHS Blood Donation Bank for NHS
Live Theatre Performance as part of the Black Country Touring's Smethwick Puppetry Festival in
February 2024.
Working with local entrepreneur from Muslim Instashop Expo to host Eid Festival and Marketplac8
in which of 1000 people attended
Provision of Sim cards to people most In need, thanks to our partnership with the Good Things
Foundation
Working wlth Make Good Arts for a series of Textile Making workshops for wellbelng
Delivery of Holiday. Activities and Food programme for disadvantage families where 457 bookings
were made delivering arts and crafts, sports team building, hair academy for teens, games,
outdoor play, thanks to funding from Sandwell Council's Go Play Team.
We were donated a Community Bleed Control Kits thanks to an initiative from Sandwell Council
and Bishop Dr. Desmond Jaddoo MBE as part of the Yes2Life Project along with John Duthart of
'Fire & Evacuation SeNices Ltd,.
Working with Sandwell Family Hubs to deliver a weekly Stay & Play sesslon for families with
children under 5 years old.
Dellvery of a weekly volunteer led Sip and Chat session for older persons, reducing isolation and
increaslng social and creative interactions.
ACHIEVEMENT AND PERFORMANCE
Charltable activities
BRASSHOUSE COMMUNITY CENTRE
North Smethwick Development Trust has maintained its servi￿ Level Agreement with Sandwell
Metropolitan Borough Council providing a primary Sour￿ of funding for the operations of managing
the Brasshouse Community Centre.
As a pla￿ for hire, the Brasshouse Community Centre is able to offer a space for private hire, for
celebratory events, as well as a place to hire for training. meetings. seminars, leisure and much more.
Regular activities in addition to the direct offer of the Trust and is a chosen venue for many
organisats'ons including:
Aman Group, a social group for Asian elders and provides gentle exercise, spiritual and social
connections.
KSOL (Key Stages on Line), an education tuition group for children
Sandwell MBC Think Local Employment Team (Job Club). Providing practical support and
assistance for people seeking employmenl, training and or work experience in order to improve
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NORTH SMETHWICK DEVELOPMENT TRUST
TRUSTEES REPORT {INCLUDING DIRECTORS REPORT)
YEAR ENDED 31 MARCH 2025
their employability and career prospects.
Go Play Sandwell & Powered by CAN for their indoor Play provision.
Sunday Church
Councillor Surgeries for St Pauls Ward Elected Members
West Midlands, Police (Smethwick) Surgeries to improve awareness of reporting crime and
improve positive relationships within the community.
Activitee Ltd for their weekly multi sports sessions for young people
Weight Management Sessions
Falls Prevention and Balance exercise sessions for over 55's by Age UK Sandwell
St John Ambulance Cadets, a uniformed youth organisation for first aid,
Marine Society & Sea Cadets for their new Sea Venture's initiative
The Trust has improved efforts to raise the profile of the Trust in the local and wider community
throughout the review year. This has been achieved through a dedicated Community WhatsApp.
All statutory checks r81atlng to Health and Safety have been undertaken such as gas servicing, fire
safety maintenance (firefighting equipment, fire aSami and fire door servicing). Air conditioning
servicing, PAT (Portable Appliance Testing), Intruder Alami and CCTV maintenance as well as Pest
Control, Food Storage equipment servicing, and servicing of our retractable walls within our hire
space. All of which help to maintain a safe environment for our staff, volunteers, customers and the
visiting public.
YOUR LOCAL PANTRY- BRASSHOUSE
A key priority for the Board was the provision of services that reduced the impact of poverty on the
local community in a sustainable way. One such initiative was our Food pantry that has since closed
in Decernber 2024. We are grateful to Fareshare MidlandsTM Incredible Surplus. Thrive Together
Birmingham, Sandwell MBC and Your Local Pantry in their support, advice and guidance. The food
pantry acted as a community business that helped provide volunteering and employment opportunities
for local people.
The Pantry has been a huge success and is often the conduit to people seeking further support to help
them get out of the challenging and difficult situations some find themselves in. Through our
interventions with members, many seek help for additional reasons, such as assistance with
budgeting, mental health, and education. We've realised that if we only addressed their food needs,
we missed the opportunity to make a broader impact. Supporting these additional areas is crucial for
creating lasting change and improving the quality of life for our community members. This
understanding shapes future projects. ensuring that we address a range of needs and support the
community in a more impactful way.
STAFFING
The Trust employed 13 members of staff. during the review period. The staff team over the year
comprised a
Full time Chief Executive Officer, Finance & Administrative Officer and Community Food Hub Manager
(Until December 2024). We have since the closure of the Food Pantry service, we have introduced a
new role of Community Development Worker. The post holder is the former Community Food Hub
Manager and will build on the community development principles we know about. Part time workers
included Community Food Hub Assistant, Caretakers and Centre Cleaner. We also engaged a
Seasonal Car Park Team Leader and Car Parking Stewards.
The Board of Directors would like to thank the staff team for their continued commitment and hard
work for local people and the Community.
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NORTH SMETHWICK DEVELOPMENT TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS REPORT)
YEAR ENDED 31 MARCH 2025
All Staff have undertaken training over the reporting year covering such topics as safeguarding
children, safeguarding adults, manual handling, food safety (level 2), food allergies, first aid in the
workplace, bleed control training, health and safety in the workplace. GDPR (Data protection), fire
safety, customer service, fire marshal, time management. COSHH, legionella, lone working.
prevention of slips, trips and falls, stress management, health and wellbeing for employees, Covid
awareness and use of PPE.
VOLUNTEERING
We continue to be supported by a fantastic group of people over the review period with 20 voSunteers
giving 1642 volunteer hours (representing 221 VK)rking days) overthe year. Our largest area of interest
in volunteering is through our café and catering Enterprise.
The Board of Directors extend thanks to all the volunteers who support the Trust and local people.
We simply could not achieve all that we do without them.
Pag¢ 8

NORTH SMETHWICK DEVELOPMENTTRUST
TRUSTEES REPORT (INCLUDING DIRECTORS REPORT)
YEAR ENDED 31 MARCH 2025
OUR DONORS, SUPPORTERS AND FUNDERS
The Board of Directors would like to thank firstly our customers for accessing the seNices and
provisions of the Trust and to our funders, donors and investors in supporting our charitable aim and
objectives. Some of which include (but not exhauslive):
Action Against Hunger and
Tenderstem
Sandwell Consortium and
Sandwell Advice Providers
Network
Sandwell Metropolltan Borough
Council
SCVO (Sandwell Council of
Voluntary Organisations
Harborne Parish Lands Charity
National Lottery Community Fund
The Heart of England Community
Fund
The Roger and Douglas Turner
Trust
The Edward Cadbury Trust
Black Country Be Active
Department for Education
Sandwell Consortium and the
Sandwell Leaming Network
TM
The team have worked hard to increase grant funding to support the core operating serrfices for the
Trust and alongside the staff team have continued to reduce expenditure in non-essential areas.
PARTNERSHIPS
In supporting our charitable aim and objectives be successful, we work with a range of partners to
deliver community benefit. We are extremely grateful to the following organisations in helping us
achieve our goals. Some of which include (but not exhaustive):
Fareshare Midlands
Your Local Pantry
Thrive Together Birmingham
Age UK (Sandwell)
Feed My Creative
E.P.I.C. (CIC), Empowering
People in Communltles
West Midlands Combined
Authority
Locality
Powered By CAN
Canal & River Trust
Kaleidoscope Plus Group
Sandwell College
Make Good Arts
Black Country Touring
The Book Trust
TM
The National Literacy Trust
Good things Foundation
West Midlands Police (Smethwick
Team)
Sandwell Family Hubs
Murray Hall Community Trust
The Go Play Team
Litte￿atCh
Activitee Ltd
Muslim Instashop Expo Ltd
Central Health Partnerships
Holly Lode High School
St Michaels Church of England
School
The Marine Society and Sea
Cadets
Joie De Vivre CIC
LOOKING FORWARD
Moving forward into the next financial year. The ongoing impact of the cost of living crisis alongside
rising operational costs will continue to dominate how we operate. However, in order to meet our
charitable purposes, we need to increase community-based activities to meet the identified core
objectives of:
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NORTH SMETHWICK DEVELOPMENT TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS REPORT)
YEAR ENDED 31 MARCH 2025
1. To work with our local community to improve health and wellbeing
2. To work with our local community to redu￿ the impacts of poverty
3. To help our children and young people reach their full potential
4. To make our local community be a place where people f881 pride in where they live and work
Further development and success for the trust centres on recruitment of additional Trustees and
Directors that enable us to maximise opportunities that help meet our strategic objectives.
Planned and cyclical maintenance programme are identifying the need to replace building assets such
as a boiler, tables, chairs for our operats'ons and support our venue hire services.
We also want to return to the strong volunteer offer for the TNst, that identlfies local talent and offers
opportunities for local people and the business community to be more involved In influencing the
Impact that the Trust has.
Over the review period collaborative working has built fantastlc opportunities for the Trust and we are
very much looking forward to further develop collaborative partnerships for the benefit of our local
communlty.
Pag¢ 10

North Smethwlck Development Trust
Independent Examlners Report
Independent Examlner's Report to the trustees of North Smethwick Development Trust
I report to the charity trustees on my examination of the financial statements of North Smethwick
Development Trust for the year ended 31 March 2025.
Responslbllltles and basls of report
As the charity's trustees of the company (and also its directors for the purposes of company lawl you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 20061'the 2006 Act.
Having satisfied myself that the financial statements of the Charity are not required to be audlted under Part
16 of the 2006 Act and are eligible for independent examlnation, I report in respect of my examination of
your charity's financial statements as tarried out under section 145 of the Charlties Act 20111'the 2011 Act,).
In carrying out my examinatlon I have followed the Directions given by the Charlty Commission under section
145151 Ib) of the 2011 Act.
Independent examlner's stat•rn•nt
I have completed my examination. I can confirm that no materlal matters have come to my attention In
connectlon with the exarninatlon glving me cause to believe:
accounting records were not kept in accordance wlth section 386 of the 2006 Act,. or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements under section 396 of the 2006
Act other than any requlrement that the financial statements give a 'true and falr, view which is not
matter considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the methods and princlples of the
Statement of Recommended Practice for accounting and reporting by charities applicable to charities
preparin8 their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and
Republic of Ireland {FRS 1021.
I have no concerns and have come across no other matters in connection with the examlnation to whSch
attention should be drawn In this report in order to enable a proper understandin8 of the financial
ststements to be reached.
Andy Hopklns
BVSC
Latham House
33-34 Paradise Street
Birmingham
BI 2AJ
31 March 2025
Page 11

North Smethwick Development Trust
Statement of Financlal Actlvities
for the year ended 31 March 2025
Unrestrlcted
funds
2025
Restricted
funds Total funds Total funds
2025
2025
2024
Notes
Income and endowments
from:
Donations and legacies
Charitable activities
Other trading activities
Investment Income
Other Income
122
122
102,243
115,664
1,657
20,218
237
188,523
98,429
1,732
11,168
45,872
115,664
1,657
20,218
56,371
Total
183,S33
56,371
239,904
300,089
Expendlture on;
Charitable activities
Other
10,922
172,227
43,569
18,889
54,491
191,116
68,346
218,733
Total
183,149
62,458
245,607
287,079
Net gains on Inve5tment5
Net {expendlturelllncome
Transfers between funds
io
16,0871
107
15,703)
13,010
11071
Net (expendlturelllncome
before other 8alns/{losses)
277
15,9801
15,703)
13,010
Other 8alns and losses
Net movement In funds
277
{5,9801
15,7031
13,010
Reconclllatlon of funds:
Total funds brought forward
30,247
32,942
63,189
50,180
Total funds carrled forward
30,524
26,962
57,486
63,190
Page 12

North Smethwick Development Trust
Balance Sheet
at 31 March 2025
Company No. 02736636
Notes
2025
2024
Current assets
Debtors
Cash at bank and in hand
12
16,027
84,259
100,286
13,8001
96,486
7,600
101,113
108,713
13,923)
104,790
Credltors: Amount falling due within one year
Net Current assets
13
Total assets less current Ilabllltles
96,486
104,790
Credltors: Amounts falllng due after more than one year
Net assets excludlng penslon asset or Ilablllty
14
139,0001
57,486
141.6001
63,190
Total net assets
57,486
63,190
The funds of the charlty
Restrlrted funds
Restricted income funds
15
26,962
26,962
32,942
32,942
Unrestrlcted funds
General funds
15
30,524
30,247
30,524
30,247
Reserve5
15
Total funds
57,486
63,190
These accounts have been prepared In accordance with the speclal provisions of Part IS of the Companies
Act 2006 relating to small companies.
For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company to obtaln an audit in accordance with section 476 of the
Companies Act 2006.
The directors acknowledge their responsibS1ities for complying with the requlrements of the Companies Act
21x16 with respect to accounting records and the preparation of accounts.
Approved by the board on 31 March 2025
And
nits
half by:
A. McFarlane
Trustee
31 March 2025
Page 13

North Smethwlck Development Trust
Notes to the Accounts
forthe year ended 31 March 2025
l Accountln8 policies
Basls of preparation
The financial statements have been prepared in accordance with Accounting and Reportin8 by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective I
January 20151 (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 and the Companies Act 2006.
Change in basls of accountln8 or to prevlous accounts
There has been no change to the accountlng policies (valuation rules and method of accounting) since
last year and no chan8es have been made to accounts for prevlous years.
Fund accounting
Unrestricted funds These are available for use at the discretion of the trustees In f urtherance of the
general objects of the charity.
These are unrestricted funds earmarked by the trustees for particular purposes.
These are unrestricted funds which include a revaluation reserve repre5entin8 the
restatement of investment asset5 at their market va lue5.
These are available for use subject to restriction5 imposed by the donor or through
terms of an appeal.
Designated funds
Revaluation funds
Restricted funds
Income
Recognition of
income
Income is included in the Statement of Financial Activities ISOFAI when the charlty
become5 entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficient reliabilitv.
Income wlth related Where income has related expenditure the income and related expenditure is
expenditure
reported gr055 in the SOFA.
Donations and
legacies
Voluntary income received by way of grants, donatlons and gift5 is included in the
the SOFA when receivable and only when the Charity has unconditional
entitlement to the Income.
Tax reclaims on
Income from tax reclaims Is Included In the SOFA at the same time as the
donations and gifts gift/donatlon to which it relates.
Donated service5
These are only included in income (with an equivalent amount in expenditure)
and facilitie5
where the benefit to the Charity 15 reasonably quantifiable, measurable and
materia l.
Volunteer help
The val ue of any volunteer help received is not included in the accounts.
Investment income This is included in the accounts when receivable.
Gains/(lossesl on
This includes any gain or loss resulting from revalu ing investments to market value
revaluation of fixed at the end of the year.
assets
Gains/{lossesl on
investment assets
This includes any gain or loss on the sale of investments.
Page 14

North Smethwlck Development Trust
Notes to the Accounts
Expendlture
Recognition of
expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
cannot be fully recovered, and is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs associated with attracting voluntary income, fundraising
raising funds
trading costs and investment management costs.
Expenditure on
These comprise the costs incurred by the Charity in the delivery of its activities and
charitable activities Services in the furtherance of its objects, including the making of grants and
governance costs.
All grant expenditure is accounted for on an actual paid basis plus an atcrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These Include those costs associated with meeting the constitutional and statutory
requ irements of the Charity, including any audit/independent examination fees,
C05t5 linked to the strategic management of the Charity, together with a Share of
other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
Grants payable
Governance costs
Taxatlon
The charity is exempt from corporation tax on its charitable activities.
Trade and other debtors
Trade and other debtors are recogni5ed at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equlvalents
Cash and cash equivalents cornprise cash at bank and on hand, demand dep051ts with banks and other
short-term highly liquid investments with ori8inal maturities of three months or less and bank overdrafts.
In the statement of financial position, bank overdrafts are shown with in borrowings or current liabilities.
In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and form an integral part of the company's cash management.
Trade and other credltors
Short term creditor5 are measured at the transaction prlce, Other creditors and provi5Ions are recognised
where the charity has a present obligation resultin8 from a past event that will probably result in the
transfer of f unds to a third party and the amount due to settle the obli8ation can be measured or
estimated reliably. Creditors and provisions are normally recognlsed at thelr settlement amount after
allowing for any trade di5count5 due.
Penslon c05t5
The charity operates a defined contribution plan for its employees. A defined contribution plan is
pension plan under which the company pays fixed contributions into a separate entity. Once the
contributions have been paid the company has no further payments obligations. The contributions are
recognised as expenses when they fall due. Amount5 not paid are shown in accruals in the balance sheet.
The as5et5 of the plan are held separately from the company in independently adm ini5tered fund5.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
Page 15

North Smethwlck Development Trust
Notes to the Accounts
3 Income from donatlons and legacles
Unrestrlcted
Total
Total
2025
2024
Donations
122
122
237
122
122
237
4 Income from charltable actlvltles
Unrestrlcted
Restrlcted
Total
Total
2025
2024
Grants
45,872
45,872
56,371
56,371
102,243
102,243
188,523
188,523
S Income from other tradlng actlvltl•s
Unrestrlcted
Total
Total
2025
2024
Car Park Income
23,842
8,146
61,602
22,074
115,664
23,842
8,146
61,602
22,074
115,664
23,468
4,411
54,369
16,181
98,429
Brasshouse Pantry
Room Hire
Cafe Sales
6 Income from Investments
Unrestrlcted
Total
Total
2025
2024
Bank interest
1,657
1,657
1,657
1,657
1,732
1,732
7 Other Income
Unr•strlcted
Total
Total
2025
2024
20,218
20,218
20,218
20,218
11,168
11,168
Page 16

North Smethwlck Development Trust
Notes to the Accounts
8 Expendlture on charltable actlvitles
Unrestrlcted
Restrlcted
Total
Total
2025
2024
Expenditure on choritt7ble
activities
Project Activity Costs
17,022
43,569
60,591
91,704
Costs recharged to grants
16,134)
16,134)
{23,399)
Governance costs
34
34
41
10,922
43,569
54,491
68,346
9 Other expendlture
Unrestrlrted
Restrlcted
Total
Total
2025
2024
Employee costs
Motor and travel costs
120,703
1,719
22,598
19,836
7,371
172,227
17,488
138,191
1,719
22,598
21,237
7,371
191,116
142,725
1,051
43,822
25,028
6,107
218,733
Premises costs
General administrative costs
1,401
Legal and professional c05tS
18,889
10 Net (expendlturelllncome before transfers
2025
2024
This Is stated after cha rging:
Independent Examlner's fee
11 Staff costs
1,200
1,200
2025
2024
Salarles and wages
Pension costs
131,745
6,446
138,191
136,358
6,367
142,725
No employee received emoluments in excess of £60,000.
Total employee benefits received by key management
personnel
13
13
The average monthly number of full time equivalent employees during the year was as follows:
2025
Number
2024
Number
Management and
Administration
Play Worker- Casual Staff
Car park staff - Casual Staff
13
13
Page 17

North Smethwl¢k Development Trust
Notes to the A¢¢ounts
12 Debtors
2025
2024
Trade debtors
16,027
16,027
7,600
7,600
13 Credltors:
amounts falling due within one year
2025
2024
Other loans
Trade creditors
Accruals
2,600
2,600
125
1,198
3,923
1,200
3,800
14 Credltors:
amounts falllng due after more than one year
2025
2024
Other loans
39,000
39,000
41,600
41,fA)J
Liabilities repayable in more than flve years
after the balance sheet date
Amount repayable by instalments
39,000
39,000
41,600
41,600
15 Movement In funds
Incomln8
resources
At31
March
(Includln8
At l Aprll
other
2024 8alns/losses)
Resources
Gross
expended
transfers
2025
Restrlcted funds:
Restrlcted Income funds:
Restricted funding
32,942
56,371
162,4581
107
26,962
Total
32,942
56,371
162,4581
107
26,962
Unrestrlrted funds:
General funds
30,247
183,533
1183,1491
11071
30,524
Total funds
63.189
239,904
1245,6071
57,486
Purposes and restrictions in relation to the funds:
Restricted funds..
Restricted funding
Page 18

North Smethwick Development Trust
Notes to the Accounts
16 Analysls of net assets between funds
Unrestrlcted
funds
Total
Net current assets
Creditors due in more than one year and
provisions
96,486
96,486
139,0001
139,0001
57,486
57,486
17 Reconclllatlon of net debt
At31
March
2025
At l Aprll
2024
Cash flows
Cash and cash equivalents
101,113
101,113
116,854)
116,854)
84,259
84,259
8orrowings
144,2001
144,2001
2,600
2,600
141,6001
141,6001
Net debt
56,913
114,2541
42,659
18 Commltments
Operating lease commitments
Annual commitments under non-cancellable operating leases are as follows..
2025
Land and
bulldlngs
2025
2024
2024
Land and
bulldlngs
Other
Other
Operatlng lease5 Wlth expiry date:
Penslon commltments
2025
2024
The penslon cost charge ta the company
amounted to:
6,446
6,367
19 Related party dlsclosures
Controlling party
The company is limited by guarantee and has no share capital; thu5 no single party controls the company.
Page 19