## Brownhills Community Association Limited (Limited by Guarantee)
## Annual Report and Unaudited Financial Statements
For the Year Ended 31st March 2025
Charity No: 1054738 Company Registration: 03181629
Brownhills Community Association Limited (Limited by Guarantee)
## Contents for the year ended 31°* March 2025
**----- Start of picture text -----**
|||
|---|---|
|Page|
|Report of the Trustees|ito5|
|Report of the Independent Examiner|6|
|Statement of Financial Activities|7|
|Balance|Sheet|
|8|
|Statement of Cash Flows|9|
|Notes to the Financial Statements|10 to 15|
**----- End of picture text -----**
1
Brownhills Community Association Limited (Limited by Guarantee)
## Report of the Trustees for the Year Ended 31" March 2025
The trustees are pleased to present their annual report together with the un-audited financial statements of the company for the year ended 31st March 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act Purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and Accounting and Reporting by Act 2006, the Memorandum and Articles of Association and Accounting and Reporting 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 Iretand (FRS102) (effective 1 January 2015)
## REFRENCE AND ADMINISTRATIVE INFORMATION
|Name:|BrownhillsCommunityAssociation Limited|
|---|---|
|RegisteredCharityNumber:|03181629(EnglandandWales)|
|RegisteredCharityNumber:|1054738|
|RegisteredOffice:|ActivityCentre
©|
||ChesterRoad North|
||Brownhilts|
||Walsall|
||WS87JW|
Trustees and Directors The directors of the charitable company are its Trustees for the purposes of charity law and throughout this report are collectively referred to as the Trustees.
Trustees serving during the period were as follows: MrS Groves MrJ Smith Mr K Ferguson Mr S Craddock Mrs A Jackson Miss J Willett Mr L Bragginton
Independent Examiner: Mrs Susan D Cooke FCCA Rice & Co (Brownhills) Limited $0 High Street Brownhills Walsall WS8 6EW Company Secretary: MrS Groves Principle Community Officer: Mrs JAR Davies
2
## Brownhills Community Association Limited (Limited by Guarantee)
**----- Start of picture text -----**
Report of the Trustees for the Year Ended 31* March 2025 (cont'd)
**----- End of picture text -----**
## GOVERNANCE AND MANAGEMENT
**----- Start of picture text -----**
Constitution and Governing Document
The association is a charitable company limited by guarantee and is governed by the terms set out in its
Memorandum and Articles of Association.
**----- End of picture text -----**
Appointment and Training of Trustees New trustees are appointed by the Board. Trustee training is carried out at meetings of the trustees and in induction training at the centre.
Statement of Trustee’s Responsibilities The Trustees are responsible for preparing the Report of the Trustees and financial Statements in accordance with applicable law and regulations. Company law and law applicable to registered charities in England and Wales requires Trustees elected to prepare financials statements for each financial year. Under that taw the Trustees have elected to prepare their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015). Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and resources expended, including the income and expenditure, of the charitable company for that period. In preparing these financial statements the Trustees are required to:
. Select suitable accounting policies and then apply them consistently; . Observe methods and principles in the Charities Statements of Recommended Practice (SORP 2015).
- . Make judgements and estimates which are reasonable and prudent. . State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.
- . Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Companies Act 2006. They are also responsible for Safeguarding the assets of the charitable company and hence for taking reasonable Steps for the prevention and detection of fraud and other irregularities.
## Organisation
The charity is organised so that the trustees meet regularly to manage its affairs. There is one full time administrator MrsJAR Davies and she is designated the Principal Community Office. She manages the day to day administration of the charity and organises fund raising initiatives. The remaining staff are employed to assist with the running of the centre.
3
Brownhills Community Association Limited (Limited by Guarantee)
## Report of the Trustees for the Year Ended 31" March 2025 (cont’d)
-
## Risk Statement
The trustees have a risk management strategy which comprises an annual review of the risks that the Association may face and the establishment of systems and procedures to mitigate those risks. Procedures are in place to ensure compliance with the health and safety of staff, volunteers and visitors. These are periodically reviewed to ensure that they continue to meet the needs of the Association.
**----- Start of picture text -----**
|
**----- End of picture text -----**
## Public Benefit Statement
In accordance with $17(5) of the Charities Act 2011, Trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing its aims and objectives and in planning future activities. In particular Trustees considered how our planned activities would contribute to the aims and objectives we have set.
## Volunteers.
Volunteers continue to play a key role in how we deliver our strategic aims and objectives.
## STRUCTURE
The work of the Association is carried out in the foltowing main areas:
## The Lamp Art Centre and The Lamp Tea Room
- . Providing a wide variety of entertainment, adult education sports facilities, meeting rooms and unemployed & senior citizen groups.
## The Little Green Dragons Nursery
. Providing full day child care. From September 2019 the new 30-hour provision was offered. Funding is available for 2-3 and 4 year old children.
## Activities for the Community
. Various community activities are provided such as art classes, gardening clubs and indoor short mat bowls. We have attendees of around 1,000 persons per week coming into the centre for various activities.
## OBJECTIVES
## The Charity’s objectives are:
To provide assistance to the local community by encouraging and providing social, recreational and educational opportunities particularly adult education, play schemes, playgroup and by offering youth development schemes for the people of Brownhills and Walsall.
## The aims of the Association are:
- Support existing, and encourage more user groups, societies and associations to the centre.
- . Be co-operative and financially sound.
- Promoted the association within the local surrounding areas.
- - Maintain/increase both membership and trustee members.
4
Brownhills Community Association Limited (Limited by Guarantee)
## Report of the Trustees for the Year Ended 31° March 2025 (cont’d)
-
## ACTIVITIES ACHIEVEMENTS AND PERFORMANCE
The biggest investement has been in the new windows along the Pelsall Road and Chester Road North sides of the building. The old wooden windows were rotting in places and needed frequent maintenance. The new windows have retained the style and look of this local landmark and combined with this better thermal and acoustic insulation. We couldn't have done this without the help and support of Walsall Council, so we are grateful for their assistance.
The Lamp Theatre has undergone a transformation. The floor has been re-laid and we have replaced the wooden Staging with a modern modular solution, which is easier, and more flexible for the many groups that use the theatre. We have had some spectacutar Productions in the theatre again this year, and it's been used regularly for concerts and dance evenings. The Lamp Theatre is available for hire for parties and weddings. More information is available from the staff at the centre.
The centre continues to be an integral Part of Walsall Council's locaility strategy. Providing delivery services to local people in their own local centre. We have coordinated a funding bid for all the local community centres across Walsall to tackle the wider determinants of health. The bid for 2024/25 and 2025/26 is worth a total of £400K. Brownhills Community Association are managing the bid for the borough. ,
The centre is extremely busy on most days and there has been an increase in room booking. There is a lot of information on our website for our regular groups and forthcoming productions and entertainment taking place in the Lamp Theatre. We are also delighted to welcome Little Lanters tea room.
We have held a number of events in Brownhills Civic Square, the Winter and Spring Festivals attracted hundreds of visitors and featured open air performances by our resident ladies’ choir, Sing Out Sister, and youth group Thespian Arts.
## For more information on services please visitwww.brownhillsca.org.uk
| would like to take time to express my sincere thanks to everyone | have worked with over the last year, from senior council officers, Councillors and of course all my own staff, who go beyond what anyone would expect of them. A big thanks to the Chair and Directors, who have supported me in the running of the Centre as we have progressed in so many ways. We have achieved so much because every one of you has played an active role in helping the Centre to continue to operate in sucha hugely positive way.
| only need to say that this has only been accomplished by all of us working together, so once more, thank you to all of you.
5
**----- Start of picture text -----**
Brownhills Community Association Limited
**----- End of picture text -----**
(Limited by Guarantee)
## Report of the Trustees for the Year Ended 31° March 2025 (cont'd)
## OUR VISION AND MISSION STATEMENTS
OURVISION '
To aspire to be a self-supporting enterprise providing a range of services for the local area.
## OUR MISSION
To work with partners to provide support, education, recreational and leisure facilities for the general community.
## FUTURE OBJECTIVES AND ACTIVITES
The following priorities have been identified for the forthcoming year:
* Continue to develop Grant applications to enable further development of projects. * Support existing, and encourage more user groups, societies and association to the centre. - Be cooperative and finally sound. * Promote the Association within the local and surrounding area. : Maintain/increase both membership and trustee numbers.
## FINANCIAL REVIEW
Review of the Financial Period The principat sources of income from the company’s charitable activities are generated by the programmes run at our Centre. During the year income from grants amounted to £438,689 and income from charitable activities amounted to £506,150. Smalter revenue from investments contributed to total income for the year of £951,713 (2024 - £782,629). Total expenditure for the year was £845,842 resulting in overall net profit of £105,872. (2024 - Profit £11,644).
Reserves At31" March 2025 the organisation held total reserves of £610,442, an increase of £105,872 from the previous financial year. The reserves are considered Sufficient to guarantee the provision of uninterrupted services for the forthcoming year. It is the company policy to regard a general reserve requirement equivatent to 2 months running costs of the charity’s charitable and administrative expenditure, together with redundancy provision to comply with regulations. This amounted to £150,000 in 2025. (2024-£150,000).
**----- Start of picture text -----**
The trustees have continued to hold regular meetings during the yeartomonitor to fiscal positions of the Association.
This report has been prepared in the accordance with the special provisions and Part 15 of the Companies Act 2006
relating toI tt companjae-
Th
j YY,
/
W he Y/ustee’s was apgroved bythem o ‘15th July 2025 and Signed on their behatf by:
CUASCratido Ai
Trustee
**----- End of picture text -----**
6
Brownhills Community Association Limited
; oo
## (Limited by Guarantee)
## Independent examiner’s report to the trustees of Brownhills Community Association Limited
| report on the charity trustees on our examination of the accounts of the Company for the year ended 31st March 2025.
## Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## independent examiner’s statement
,
Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. | confirm that | am qualified to undertake the examination because we are a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving us cause to believe:
- 1 accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
- 3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
- 4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mrs Susan D Cooke FCCA
For and on behalf of Rice & Co (Brownhills) Limited :
Chartered Accountants
90 High Street Brownhills Walsall West Midlands
WS8 6EW
Date: 15th July 2025
7
## Brownhills Community Association Limited (Limited by Guarantee)
## Statement of Financial Activities (including Income and Expenditure Account) for the Year Ended 31 March 2025
||Note|Unrestricted
Restricted
Total
Total|
|---|---|---|
|||Funds
Funds
Funds
Funds|
|||2025
2025
2025
2024|
|||£
£
£
£|
|Income:|||
|Grantsreceivable
Charitableactivities
Investments|3
4
5|40000
398689
438689
382143
506150
506150
395516
6874
6874
4970|
|Total
Income||eee
§53024
398689
951713
782629
eee|
|Expenditure:|||
|Supportcosts allocatedtoactivities
Charitableactivities
Governancecosts|6.
7
8|2500
2500
2500
284053
548108
832161
759362
11182
11182
9126|
|Total expenditure||eee
297735
548108
845842
770988
eee|
|Netincomefortheyear||255280
-149418
105872
11641|
|Transfersbetweenfunds||0
0
0
0|
|NetMovementinfunds||eee
255290
-149418
105872
11641|
|Totalfundsbrought forward||251146
253424
504570
492929|
|Total
fundscarriedforward||eee
506436
104006
610442
504570
=e|
The statement of Financial Activities includes all gains and losses recognised in the year.
Atl incoming resources and resources expended derive from continuing activities.
The notes form part of these financial statements.
8
Brownhills Community Association Limited
(Limited by Guarantee)
## Balance Sheet as at 31 March 2025
.
**----- Start of picture text -----**
Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank
Cash in hand
Liabilities
Creditors: Amounts falling due within one year ,
Net current assets
Net assets
The funds of the charity
Restricted income tunds
Unrestricted income funds
**----- End of picture text -----**
**----- Start of picture text -----**
Note 2025 2024
£ £ £ £
11 25759 35684
12 42942 219195
13 729523 582769
881 575
773346 802539
14 -188663 -333653
584683 468886
610442 504570
17 104006 253424
18 506436 251146
19 610442 504570
**----- End of picture text -----**
The company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with section 476 of the Companies Act 2006.
## The directors acknowledge their responsibilities for:
(a) ensuring the company keeps accounting records which comply with sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statement which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or toss for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far is applicable to the company.
These financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act applicable to companies’ subject to the smatl companies regime.
**----- Start of picture text -----**
Approved uf Board pFFrustees on 15 July2025
An
ry e a
Wi if behalf by
Vaart 4 0:
A
LV)ineLM... Mt SCraddock -Trustee
**----- End of picture text -----**
The notes form part of these financial statements
9
## Brownhills Community Association Limited (Limited by Guarantee)
## Statement of Cash Flows
## for the Year Ended 31 March 2025
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|||
|2025|2024|
|£|£|
|Net cash|inflow from operating activities|
|Net income|Profit|(Loss)|105872|11641|
|Depreciation|10355|13076|
|Decrease/(increase)|in trade debtors|176024|-192878|
|Decrease/(Increase)|on other debtors|0|0|
|Decrease/(Increase)|in prepayments and accrued income|230|-1054|
|(Decrease)/Increase in trade creditors|615|6|
|(Decrease)/Increase|in other creditors|97|2417|
|(Decrease)/increase|in social security and other taxes|373|2699|
|(Decrease)/Increase|in accruals|-146075|205712|
|Disposal of tangible fixed assets|0|0|
|Net cash provided by operating activities|147491|41619|
|Cash flows from investing activities|
|Purchase|of tangible fixed assets|-431|-18974|
|Change in cash and cash equivalents in the year|147060|22646|
|Cash and cash equivalents at the beginning of the year|583344|560698|
|Cash and cash equivalents|at the end of year|730404|583344|
|Analysis of cash and cash equivalents|
|2025|2024|
|£|£|
|Bank current accounts|729523|582769|
|Cash|in hand|881|575|
|730404|583344|
|The notes form|part of these financial statements|
**----- End of picture text -----**
10
Brownhills Community Asscciation Limited
**----- Start of picture text -----**
(Limited by Guarantee)
**----- End of picture text -----**
Notes to the Financial Statements for the Year Ended 31 March 2024
1 STAUTORY INFORMATION
Brownhilts Community Association Limited is a charitable com pany, limited by guarantee, registered in England and Wales. The company’s and charity's registered numbers and registered office address can be found on the Company information page 1.
The presentation currency of the financial statements is the Pound Sterting (£).
**----- Start of picture text -----**
2 ACCOUNTING POLICIES
The financial statements have been prepared in accordance with Accounting and Reporting 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 (FRS 102) (effective 1 January 2015) - Charities SORP (FRS 102),
. the Financial Reporting Standard applicable in the UK and Republic of Iretand (FRS 102) and the Companies Act 2006.
Incoming resources
Incoming resources have been included in the financial statements on the following bases:
Grants are recognised where there is entittement, certainty of receipt and the amount can be measure with
sufficient reliability.
Charitable activities - income from charitable activities is included in the financial statements in the period in which
the goods or services are provided resulting in the charitable company obtaining the right to consideration.
Other income - all other income is inctuded in the financial statements when the amount and entitlement to the
income can be measure with reasonable certainty.
**----- End of picture text -----**
## Resources expended
Resources expended have been included in the financial statements when an obligation to transfer value to a third party has been entered into. Untess there is an earlier legal obligation, donations and grants are included on the date of payment.
Resources expended have been allocated in the Statement of Financial Activities as follows:-
: Support costs have been allocated to activity cost Categories based on estimated time expended in each area. . . Charitable activities- att expenditure directly and indirectly associated with meeting the objectives of the charitable company. : Governance costs - all expenditure relating directly and indirectly to the general running of the charitable company.
## Tangible fixed assets
Tangible assets are stated at cost less depreciation. All material expenditure on tangible assets is capitalised.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the tease term, whichever is shorter.
. Leasehold property 4% straight line . Plant, fixtures & fittings 25% reducing balance . Motor vehicles 25% reducing balance Grants Equipment purchased with capital grants are Capitalised and the grant amortised over the useful like of the asset.
Irrecoverable VAT Ailresources expended are classified under activity headings that aggregate all costs related to the Category. Irrecoverable VAT is charged against the Category of resources expended for which it was incurred.
11
Brownhills Community Association Limited (Limited by Guarantee) .
Notes to the Financial Statements for the Year Ended 31 March 2025
## 2 ACCOUNTING POLICIES (CONTINUED)
## Pensions
## The company’s employees belong to two pension schemes.
Existing employees of the charity were entitled to join the West Midlands Pension Fund Scheme (WMPFS) which is funded by by contributions from employee and employer or alternatively they may have opted to join the money purchase defined contribution scheme operated by NEST. Members of the WMPFS may also contribute added years to that scheme or take out an Additional Voluntary Contribution scheme, which is funded by the employee alone. Since 1 April 2016 new employees are only able to join the money purchase scheme and cannot join the WMPFS. New and existing employees who are not in the WMPFS were automatically enrolled into the money purchase scheme unless they had exercised their tight to opt out of scheme membership.
,
Under the definitions set out in FRS 102, the WMPFS is a multi-employer defined benefit scheme administered for the benefit of Local Authorities and other bodies and is managed in accordance with the Local Government Pension Scheme Regulations 1997 (as amended). Past and present employees are covered by the provisions of the WMPFS. The Scheme is accounted for as a defined contribution scheme. The WMPFS provides that in the event that an employer has individuals contributing to the scheme then any remaining liability for benefits payable under the scheme falls on that employer.
Members of the WMPFS accrue an index linked pension of 1/80th of the best of the last three years pensionable service for each year of service. Additional benefits include a lump sum on retirement, continued (reduced) pensions for a spouse on the death of the member and benefits for dependants on death or permanent incapacity in service.
3 INCOME FROM GRANTS
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|.|.|Total|Total|
|2025|2024|
|£|£|
|Community development|11000|11000|
|Builders management grant|10000|10000|
|Housing Support Fund|- Monitoring & evaluation|30000|0|
|Funding accounts|387689|361143|
|420680|a|
|4|INCOME|FROM CHARITABLE CHARITABLE|ACTIVITES|Total|Total|
|2025|2024|
|£|
|Main Governance|278708|220508|
|Adult Education|5131|5624|
|Youth|Provision|18733|10304|
|Nurseries|203577|158080|
|506150|395516|
|—|—|
|5|INCOME FROM INVESTMENTS|
|Unrestricted|Restricted|Total|Total|
|Funds|Funds|2025|2024|
|£|£|£|£|
|Bank interest receivable|6874|-|6874|4970|
**----- End of picture text -----**
**----- Start of picture text -----**
4 INCOME FROM CHARITABLE CHARITABLE ACTIVITES
**----- End of picture text -----**
12
Brownhills Community Asscciation Limited (Limited by Guarantee)
## Notes to the Financiat Statements for the Year Ended 31 March 2025
|6|SUPPORTCOSTS||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Total||Total||
||||||||2025||2024||
||||||||£|||£|
||Youth&Nurseries||||||2500|||2500|
||Total charitableexpenditure||||||2500
eh||2500
—=||
|7|EXPENDITUREONCHARITABLEACTIVITIES||||||||||
||||||2025||||||
|||Wages|Community|Establishment|Maintenance|Misc|Advertising|Office||Totat|
|||Salaries|Costs|Costs|Costs|Costs|&Marketing|Costs|||
|||£|£|£|£|£|£
£||£||
||MainGovernance|194040|387690|26799|28516|19238|1044|9280|666616||
||AdultEducation|3109||||||||3109|
||YouthProvision
Nurseries|1200
111456||§322
37500|3972
2180|225|504|78||10572
151865|
||Total allocatedtodirect||||||||||
||charitableexpenditure|309805|387690|69620|34668|19462|1548|9368|832161||
|8|GOVERNANCECOSTS||||||||||
||||||||Total||Total||
||||||||2025|||2024|
||||||||£|||£|
||Accountancy&book-keeping||||||7536|||7302|
||Legal&Professionalfees||||||3646|||1824|
||Totat charitableexpenditure||||||11182||9126||
|9|STAFFNUMBERSANDCOSTS||||||||||
||Theaveragenumberemployeesduringtheyearcatculatedonafulltimeequivalentbasiswasasfollows: -||||||||||
||||||||2025|||2024|
||Direct charitablework||||||13|||13|
||Administration||||||6
19
——————||_ 6
19
———_||
||Theaggregate payrollcostsofthesepersonswereasfollows: -||||||||||
||||||||2025|||2024|
||||||||£|||£|
||Wagesandsalaries
Socialsecuritycosts||||||298977
5855|||249701
5316|
||Pensioncosts||||||4973|||3442|
||Redundancypayments|||||||||7488|
||||||||309805.||—
265946,||
7 EXPENDITURE ON CHARITABLE ACTIVITIES
No trustee received any emotuments from the charitable company (2024 - £Nit).
No employee received emoluments exceeding £60,000 during the current or previous financial year.
13
Brownhills Community Association Limited
(Limited by Guarantee)
Notes to the Financiat Statements for the Year Ended 31 March 2025
**----- Start of picture text -----**
10 MOVEMENT IN TOTAL FUNDS FOR THE YEAR
Total Total
2025 2024
£ £
Movement in total funds for the year Is stated after charging/(crediting): a
Depreciation of tangible fixed assets 10355 13076
_——SSS —_—_==z=z=:
11 TANGIBLE FIXED ASSETS
Leasehold Plant, fix Moter
Property &Fittings Vehicles Total
£ £ £
Cost
At 1 April 2024 44278 183353 12772 240403
Additions 0 431 0 431
Disposats 0 0 0 0
At31 March 2025 44278 —_—:183784 12772 240834
——————
Depreciation
At 1 April 2024 42510 152080 10120 204720
Charge for the year 1768 7924 663 10355
Disposals 0 0 0 0
At 31 March 2025 44278 «160014 10783 215075
eee
Net book value
At31 March 2025 0 _—-23770 1989 25759
At31 March 2024 1768 31264 2652 35684
Net book vatue is reduced by grant aided equipment
12 DEBTORS: AMOUNTS FALLING DUE WITHINT ONE YEAR
2025 2024
. £ £
Trade debtors 37358 213381
Other debtors 940 940
Prepayments and accrued income 4644 4874
42842 219195
———_ ——
13 CASH AT BANK
2025 2024
£ £
Current accounts 729523 582769
4 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade creditors 891 276
Taxation and social security 3829 3456
Auto enrot pension 2513 2417
Accruals and deferred Income 111430 257505
Prudential Pension tund , 70000 70000
188663 333653
——s ———
**----- End of picture text -----**
14
Brownhills Community Association Limited
(Limited by Guarantee)
Notes to the Financial Statements
for the Year Ended 31 March 2025
## 15 TAXATION
No taxation is payabte for the current or previous financial year as all surpluses arise from activities furthering the Charitable objects of the charitable company and are utilised for charitable purpose, therefore leading to exemption from taxation.
16 CONSTITUTION
The charitable company is limited by guarantee and does not have a share capital.
## 17 RESTRICTED INCOME FUNDS
||Batanceat|Incoming|Outgoing||Balanceat|
|---|---|---|---|---|---|
||31.03.2024|Resources|Resources|Transfers|31.03.025|
||£|£|£|£|£|
|CommunityDevelopment||11000|11000|0|0|
|FoodBank|5242|16698|12764|0|9176|
|HousingSupportFund|0|20000|20000|0|0|
|Health InequalityFund|0|1000||0|1000|
|HolidayActivityProject|0|18653|18653|0|0|
|SafePlaceScheme|28183||10529|0|17654|
|ChitdrensServices/FamityHub||2842|2842|0|0|
|WiderDeterminantsHeatth|200000|263490|463490|0|0|
|WaisallinBlcom|10000||5970|0|4030|
|CharityFunding|10000|48599|1260|0|$7339|
|PetsaltCommunityHub||2163||0|2163|
|WomensHealthHub||14244|1600|0|12644|
||253424|388689|548108|0|104006|
The Community Development fund relates to grants received with the objective of delivering new projects in the Brownhills community area throughout the year.
The Food Bank relatesto donations received with the objective of delivering food parcels in the Brownhills community area.
The Housing Support grant retates to money from Walsall Council to support people with energy bills, white goods, food & chitdren’s clothing.
The Health inequality fund relates to monles received distributed out to 3rd party sector organisations to help deat with heatth & wellbeing in the community.
Holiday activity fund is to support a project for chitdren who have free schoo! meats through the holiday period. They have 4 hours of activities followed by a cooked meal.
The Safe Place Scheme is consortium based for 15 Community Organisations throughout the borough of Walsall. This is a project that if a person feels vulnerable or unsafe, they can go to their nearest Community Centre and seek refuge. We can signpost to out of hours services should the need arise. This Is in partnership with Walsall Council.
The Chitdrens Services fund was given to Brownhills to distribute to various organisations within the Walsall Community Network for room hire. Chitdrens services can telephone and request a room which is then taken out of the fund account. (Hub & Spoke Model)
The Wider Determinants Health relates to monies received from Black Country Healthcare to support such heath determinants such as Diabetes, COPD and other health ineqalities to be distributed to various organisations.
The Watsail in Btcom relates to money received from Walsall Council to support various organisations across the Borough to brighten up organisation centres.
The Charity Funding relates to The Majors’ charity & was given to support a communications officer.
15
Brownhills Community Association Limited (Limited by Guarantee)
## Notes to the Financial Statements for the Year Ended 31 March 2025
**----- Start of picture text -----**
18 UNRESTRICTED INCOME FUNDS
;
£
Balance at 1 April 2024 251146
Net incoming resources for the year : . 255290
Balance at 31 March 2025 506436
_
The income funds of the charity include the following designated funds which have been set aside out of unrestricted
funds by the trustees for specific purposes: -
Balance New Funds Balance
31.3.2024 designations Undesignated Transfers 31.3.2025
£ £ £ £ £
Main Governance 150000 150000
eee150000 150000
—ooIUI IEE ———————_—_—_—£{_[—_—__ ———————— —_—
19 ANALYSIS OF NET ASSETS BETWEEN FUNDS
General Designated Restricted Total
Funds Funds Funds Funds
£ £ £ £
Tangible fixed assets
Current assets 356436 150000 104006 610442
Current abilities
Creditors due after more than one year
ee356436 150000 104006 610442
20 PENSIONS
West Midlands Pension F WMPES
**----- End of picture text -----**
The employer's contributions made to the WMPFS in 2025 were £nil (2024 £996) with an employer's contribution fate of 24.25% of pensionable pay and an emptoyee’s contribution of 6.9% of pensionable pay.
The last actuarial valuation date was 31 March 2025.The key elements of the valuation were: . Total scheme liabilities (pensions currently in payment and the estimated cost of future benefits) for service to the effective date of £457,000, and notional assets (Notional investments held at the valuation date) of £501,000 giving a notional past service surptus of £44,000 (2019 Deficit - £15,000). : Deficit recovery period is 2 years.
Brownhills Community Association Limited ceased as an employer in WMPFS on 31st March 2023. The final cessation valuation was completed in October 2023 with a surplus of £44,000 for a lump sum retirement benefit of £42,800.
## NEST
Emptoyees joining the money purchase pension scheme operated by NEST contract directly with the company. Theemployee Association made a contribution of 3% of salaryto this pension scheme and acts as agent in coltecting and paying over (2024 £2,446)pension contributions. The contributions made for the accounting period aretreated as an expense and were £4,973