OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

← T P Riley Community Association

2025-03-31-accounts

Charity registration number 1055640 (England and Wales)

Company registration number 03160293

TP RILEY COMMUNITY ASSOCIATION LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

TP RILEY COMMUNITY ASSOCIATION LIMITED

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Secretary

Mrs L Emery Mrs B A Mulqueen M S$ Tayler Mr 1S Yardley S Palfreyman J Langley

S E Haynes

Mrs E C Boycott

(Appointed 17 June 2025) (Appointed 3 December 2024)

(Appointed 17 June 2025)

Charity number 1055640

Company number

Registered office

03160299

Stan Ball Centre Abbotts Street Bloxwich Walsall

West Midlands WS3 3AZ

Auditor BK Plus Audit Limited Azzurri House Walsall Road Aldridge Walsall WS9 ORB

TP RILEY COMMUNITY ASSOCIATION LIMITED

CONTENTS

Page
Trustees’ report 1-8
Statement of trustees’ responsibilities 9
Independent auditor's report 10-12
Statement offinancial activities 13
Balance sheet 14
Statement of cash flows 15
Notestothefinancialstatements 16-25

TP RILEY COMMUNITY ASSOCIATION LIMITED

TRUSTEES’ REPORT (INCLUDING DIRECTOR'S REPORT)

FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 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 Ireland (FRS 102) {effective 1 January 2019)’.

Objectives and activities

Bloxwich Community Partnership (BCP) is a Charitable Company Limited by Guarantee, operating from two centres in the Bloxwich area, located in the north of Walsall Metropolitan Borough. The charity serves the entire community—across all ages, abilities, and needs—by providing a wide range of services including social activities, care and support, recreational programmes, and learning opportunities.

Established with the aim of promoting the well-being of Bloxwich and its surrounding neighbourhoods, BCP is cammitted to inclusivity, working without discrimination based on sex, race, political affiliation, or religious belief. The organisation collaborates with both statutory and voluntary partners to advance education and provide facilities that support social welfare, recreation, and leisure, with the overarching goal of enhancing the quality of life for lacal residents.

With over 45 years of service to the communities of Bloxwich and Blakenall, BCP has built its success on a foundation of adaptability and innovation—continually evolving its services to meet the changing needs of the local population.

The 2024-2025 financial year has been another period of growth and development, reflecting the charity’s ongoing commitment to excellence and community impact.

Our Vision, Mission and Values ccntinue to be the focus of our work and the needs of the community at the forefront of our work.

Our Vision - ‘Bloxwich Community Partnership - Our Charity for Your Community’

Our Mission - 'To bring local people together, to support people of all ages to engage in learning, leisure and social activity and to encourage healthy lifestyles and well being’.

Our Values - Our values are the guiding principles for how we deliver our services to local people:

® Pride in our charity ® Pride in our community

Bloxwich Community Partnership (BCP) is governed by a Board of Trustees/Directors, appointed annually at the Autumn Annual General Meeting. Board nominations are open to residents and professionals within the area of benefit, as well as users of the charity's facilities. The current Board comprises of seven members, each bringing valuable skills and experience to support the charity's Vision, Mission, and Values. Trustees are actively encouraged to contribute to the strategic direction and operational success of the organisation.

==> picture [14 x 6] intentionally omitted <==

----- Start of picture text -----
-1-
----- End of picture text -----

TP RILEY COMMUNITY ASSOCIATION LIMITED

TRUSTEES’ REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

The charity is led by the Chief Executive, who works in close collaboration with the Finance Manager to oversee operations and drive organisational growth. BCP also employs a dedicated team of administrative, supervisory, and project staff to ensure the effective delivery of services and the smooth running of its centres and initiatives.

The administrative headquarters of BCP is located at the Stan Ball Centre on Abbotts Street, Bloxwich. In addition to housing the charity’s central operations, the Stan Ball Centre provides a wide array of social, educational, and support services for adults. It is particularly recognised for its high-quality day care provision for adults with learning disabilities and older individuals with social care needs, including those living with dementia.

The Blakenall Centre has undergone significant changes during the reporting year, including the closure of selected services to facilitate a planned refurbishment. The centre’s primary focus remains on supporting children, young people, and families through the delivery of alternative education programmes, youth projects, and youth club activities.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

Significant activities and achievements against objectives

This year marked another period of success for the charity, with a modest increase in income compared to the previous financial year. Cash reserves remain robust, enabling the Board to allocate a portion of these funds toward the redevelopment of the Blakenall site. enhancing facilities and services for children, young people. and families.

The charity continues to demonstrate resilience and growth, main-aining its commitment to delivering high-quality, relevant services and support to the community.

Stan Ball

Throughout the 2024-2025 reporting year, the Stan Ball Centre has continued to expand its programme of activities while maintaining consistently high levels of engagement across all service areas.

Adult Day Care Services

Day care attendance has remained stable, with a steady stream of referrals across both service provisions. The centre currently averages approximately 235 visits per week. A diverse and stimulating programme is offered to enhance life skills and promote independence among attendees. Activities include:

Nutritional support is also provided, with snacks and beverages available throughout the day, and a hot meal with dessert included in the overall fee. Transport services are available via Walsall Community Transport and can be incorporated into individual care packages.

==> picture [14 x 6] intentionally omitted <==

----- Start of picture text -----
-2-
----- End of picture text -----

==> picture [251 x 10] intentionally omitted <==

----- Start of picture text -----
TP RILEY COMMUNITY ASSOCIATION LIMITED
----- End of picture text -----

==> picture [328 x 26] intentionally omitted <==

----- Start of picture text -----
TRUSTEES’ REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
----- End of picture text -----

==> picture [422 x 418] intentionally omitted <==

----- Start of picture text -----
Social and Recreational Programmes
For independent adults, daily coffee mornings continue to be well attended, offering a welcoming environment for social
interaction and friendship. Afternoon sessions have included:
+ Well-being café
+ Craft and art clubs
Computer club
 Quiz afternoons
+ Physical activity classes such as Tai Chi, seated exercise, and yoga
In addition, occasional day trips are organised throughout the year to further promote community engagement and
enrichment.
Befriending & Social Prescribing Services
Ta support individuals who are housebound or unable to attend the centre, BCP continues to offer a telephone befriending
service. In March 2025, a new face-to-face befriending initiative was launched, funded by the Big Lottery. This service
enables staff to visit vulnerable, lonely, and isolated residents in their homes, fostering connection and improving emotional
wellbeing. Referrals are coordinated through the Making Connections Walsall programme.
The Making Connections Walsall programme is a community-based social prescribing initiative that supports isolated
residents in the North of the Borough by helping them access social activities, befriending services, and build meaningful
social networks. This empowers individuals to take greater responsibility for their own health and wellbeing.
Complementing this work, BCP delivers the Walsall Connected offer from its centre, helping residents get online and access
essential digital services. The Home Hub programme further supports individuals in learning to use a variety of digital
devices, promoting independent living at home.
Community Pantry
In response to a boroughwide initiative within Walsall Council, BCP has introduced a Community Pantry to provide affordable
food items for residents across the area. This initiative offers an alternative to traditional food bank services, with an annual
membership fee of just £2.00, helping to reduce food insecurity and promote dignity in access to essential goods.
Palace Play Shop Eat
Palace Play Shop Eat has closed its doors to shop and play during the year to prepare for the refurbishment. The
refurbishment has been delayed, the new proposals are the refurbishment will start in the Autum of 2025. Activities for
children, young people and families has continued.
Youth, Education, and Family Services
Working with children and young people remains a core priority for BCP. Through a combination of alternative education,
youth engagement, wellbeing initiatives, and family support, the charity continues to deliver impactful services that promote
personal development, resilience, and community safety.
----- End of picture text -----

==> picture [14 x 6] intentionally omitted <==

----- Start of picture text -----
-3-
----- End of picture text -----

TP RILEY COMMUNITY ASSOCIATION LIMITED

==> picture [328 x 26] intentionally omitted <==

----- Start of picture text -----
TRUSTEES’ REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
----- End of picture text -----

Alternative Education Provision

BCP’s Alternative Education programme provides a nurturing and supportive environment for young people who are at risk of exclusion or disengagement from mainstream education. The 2024-2025 cohort successfully achieved Level 2 qualifications in Personal Social Development, equivalent to GCSE Grade 4. Those who attended during both Year 10 and Year 11 also gained Level 2 Food Hygiene certification and demonstrated notable growth in confidence and personal accountability.

Progression outcomes for the 2023-2024 cohort were strong, with learners moving on to military college, Walsall College {childcare studies), and employment. The current Year 11 cohort has secured placements at Rodbaston College, Walsall College, apprenticeships, and training providers. All have enrolled in the POP Wellbeing programme, which offers continued support during the transition from school to further education or employment.

BCP has partnered with New Leaf to pilot online English and Maths sessions, providing access to laptops and quiet spaces for learners. This initiative has been praised as a model of effective joint working to support educational attainment.

In 2024-2025, the local authority-managed PRU transitioned to academy status under the Mercian Trust. A Service Level Agreement is now in place with The Ladder School, which receives all excluded Key Stage 4 students in Walsall. BCP supported three students from this referral pathway last academic year.

Additionally, BCP has established links with WorkNLearn, an educational placement service supporting students at risk of exclusion. Meetings are scheduled for Autumn 2025 to strengthen partnerships with local schools and offer early intervention through BCP’s nurturing provision. While these changes may initially impact income due to a shift from block bookings to per-placement funding, the charity remains committed to supporting young people in mainstream education.

POP Youth Programme

The POP Youth programme continues to thrive, with over 500 children and young people registered and more than 4,000 session visits recorded. The programme has contributed to a reduction in anti-social behaviour (ASB) in the Blakenall area, with residents reporting safer and quieter streets.

Safety remains a priority: all attendees are security-wanded upon entry, with no refusals to date. A code of conduct and strike system reinforces accountability and positive behaviour. Activities include arts and crafts, sports, and educational sessions delivered by external agencies such as WiSH and CGL, focusing on sexual health and substance misuse,

Family sessions held every Saturday have been well received, with families supported to access free swimming lessons at Bloxwich Leisure Centre through a successful funding bid to Active Black Country. The success of POP Youth has gained media attention, including an invitation for staff to appear on BBC Radio 4 to share best practices in youth engagement.

POP Wellbeing Programme

Following a successful tender, the POP Wellbeing programme has secured funding from Public Health for a further three years (August 2025—July 2028). The previous contract supported nearly 600 young people aged 15-25. The new programme will be delivered by two full-time staff, including the existing coordinator.

==> picture [14 x 6] intentionally omitted <==

----- Start of picture text -----
-4-
----- End of picture text -----

TP RILEY COMMUNITY ASSOCIATION LIMITED

TRUSTEES’ REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Key features include:

+POP-UPs: Wellness and intervention sessions delivered across multiple venues throughout the borough

Activities will be promoted via monthly timetables and a strong social media presence. The POP brand has now been trademarked, and will be incorporated into the naming of the refurbished Palace Play Shop Eat site.

Holiday Activities and Food Programme (HAF)

BCP continues to deliver activities under the government-funded HAF scheme, supporting children eligible for free school meals. In 2025, the charity successfully delivered Easter and Summer sessions.

Responding to low uptake among teenagers, the Easter programme targeted 12-16 year olds, offering cooking, baking, and bowling trips to promote independent living skills.

Love Blakenalf - Stronger Together

In collaboration with the Safer Walsall Partnership Board, BCP was commissioned to engage the Blakenall community and raise the area’s profile. The initiative focused on empowering residents, particularly young people, to foster pride and collective action. Residents, businesses, and organisations were invited to support the vision and contribute to positive change.

Following the campaign’s success, the Love Blakenall Community Hub concept was created. The hub will serve as a central space for collaboration, service delivery, and community-led initiatives.

Strategic Partnerships and Community Development Initiatives

BCP continues to play a pivotal role in delivering and supporting strategic initiatives across the Borough, working collaboratively with public sector partners and fellow voluntary organisations to enhance service accessibility, community wellbeing, and sector resilience.

Walsall Connected

Walsall Connected is a co-produced initiative between BCP and Walsall Council, designed to improve community access to online council services. Delivered through community centres and libraries across the Borough, the programme ensures residents can engage with essential digital services in familiar and supportive environments.

As the lead voluntary sector provider, BCP supports partner organisations by equipping them with the skills and knowledge required to deliver the service effectively within their own communities. This collaborative approach broadens the reach of digital services and ensures that each locality receives a tailored offer aligned with its specific needs.

Thrive — ‘Let’s Chat’ Mobile Wellbeing Project

‘Let’s Chat’ is a tri-sector partnership involving BCP, Manor Farm Community Association, and Walsall Community Transport. Funded by Public Health under the Thrive programme, this initiative deploys a mobile unit into neighbourhoods across the Borough to provide accessible wellbeing information and support.

By bringing services directly into the heart of communities, the project reduces barriers to engagement and promotes early intervention in health and wellbeing, particularly among residents who may be isolated or underserved by traditional service models.

Resilient Communities — North Walsall Lead

As the designated Resilient Communities Lead for North Walsall, BCP is actively engaged in supporting the development of grassroots voluntary sector groups and organisations within the region. This role complements similar leads operating in the South, East. and West of Walsall.

Through mentoring, capacity-building, and knowledge-sharing, BCP provides guidance on project delivery, bid writing, funding strategies, and organisational and financial management. This work strengthens the local voluntary sector, fosters sustainability, and contributes to improved outcomes for communities across North Walsall.

-5-

TP RILEY COMMUNITY ASSOCIATION LIMITED

TRUSTEES’ REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Financial review

The charity has operated successfully during the year in the furtherance of its principal activities and a summary of those activities is set out in the Statement of Financial Activities on page 4.

There was a net increase in funds of £353,437 (2024 - £172,607).

Reserves policy

[tis the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Major risks

The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Risk Management

Bloxwich Community Partnership recognises the critical importance of strategic risk management in ensuring the long-term sustainability and effectiveness of the organisation. The charity’s future success is closely tied to its ability to consistently deliver high-quality services that meet community needs, thereby maintaining and attracting diverse funding streams.

To mitigate financial risk, the organisation continues to diversify its service portfolio and funding sources. Income is generated through a combinalion of grant funding, charitable donations, and revenue from directly delivered services. Where external funding is limited or unavailable, internally generated income is strategically reinvested to sustain service delivery and enhance facilities across our centres.

In addition to financial resilience, the charity places strong emphasis on the value and contribution of its staff, trustees, and volunteers. Their expertise, commitment, and active involvernent are essential to the day-to-day operations and overall governance of the organisation. BCP remains committed to fostering a culture of accountability, continuous improvement, and proactive risk awareness across all levels of the charity.

==> picture [14 x 6] intentionally omitted <==

----- Start of picture text -----
-6§-
----- End of picture text -----

==> picture [251 x 10] intentionally omitted <==

----- Start of picture text -----
TP RILEY COMMUNITY ASSOCIATION LIMITED
----- End of picture text -----

==> picture [328 x 26] intentionally omitted <==

----- Start of picture text -----
TRUSTEES’ REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
----- End of picture text -----

Plans for future periods

==> picture [421 x 574] intentionally omitted <==

----- Start of picture text -----
BCP continues to invest in infrastructure and collaborative initiatives that strengthen service delivery and enhance community
impact. Two major developments in Blakenall are set to transform the charity's operational footprint and expand its reach.
Refurbishment of Palace Play Shop Eat
The refurbishment of the Palace Play Shop Eat facility in Blakenall is scheduled to commence in Autumn 2025, with funding
successfully secured for the project. As the building is owned by Vvalsall Council, the refurbishment will be managed by the
Council in partnership with BCP.
To facilitate the redevelopment, BCP will temporarily vacate the site and relocate services to alternative premises for the
duration of the build. Core programmes—including POP Yotth, Education, and Wellbeing services—will continue
uninterrupted at the temporary location.
The refurbished centre will be designed to expand and enhance the charity’s youth and family offer. Planned features include:
© Asenior youth area
© =A junicr youth area
® A dedicated children’s play centre
The renewed focus of the facility will be on delivering high-quality services for children, young people, and families, creating a
vibrant and inclusive community hub.
Development of Love Blakenall Community Hub at Blakenall Village Centre
In Spring 2025, BCP and New Horizons Community Enterprise formalised plans to develop a new Community Hub within the
Blakenall Village Centre. New Horizons, the building's owner, will fund the refurbishment of a previously unused library space,
with the new hub expected to open in Summer 2025.
The Community Hub will offer a range of services and facilities, including:
® Relocation of the Charity Shop from Palace Play Shop Eat
A-second Community Pantry to support local food access
 Conference and meeting rooms for community and professional use
© Flexible space for events and group activities
This initiative reflects a deepening partnership between BCP and New Horizons Community Enterprise. As the organisations
move into the 2025-2026 period, closer collaboration between their Boards will continue, laying the groundwork for a
potential merger of operations and management within the next two years.
Structure, governance and management
The charity is a company limited by guarantee and gained charitable status on 1 June 1996. The company’s governing
documents are the Memorandum and Articles of Association.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date
of signature of the financial statements were:
Mrs L Emery
Mrs B A Mulqueen
M S Taylor
Mr 1S Yardley
S$ Palfreyman (Appointed 17 June 2025)
J Langley {Appointed 3 December 2024}
S E Haynes {Appointed 17 June 2025)
Recruitment and appointment of trustees
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and
guarantee to contribute £1 in the event of a winding up.
-7-
----- End of picture text -----

TP RILEY COMMUNITY ASSOCIATION LIMITED

TRUSTEES’ REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Auditor

In accordance with the company's articles, a resolution proposing that BK Plus Audit Limited be reappointed as auditor of the company will be put at a General Meeting.

The trustees’ report was approved by the Board of Trustees.

Mrs E C Boycott Mrs L Emery Secretary Trustee

17 September 2025

-8-

TP RILEY COMMUNITY ASSOCIATION LIMITED

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2025

The trustees, who are also the directors of TP Riley Community Association Limited for the purpose of company law, are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy al any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

-9-

TP RILEY COMMUNITY ASSOCIATION LIMITED

==> picture [323 x 26] intentionally omitted <==

----- Start of picture text -----
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF TP RILEY COMMUNITY ASSOCIATION LIMITED
----- End of picture text -----

Opinion We have audited the financial statements of TP Riley Community Association Limited (the ‘charity’) for the year ended 31 March 2025 which comprise the statement of[financial][activities,][the][balance][sheet,][the][statement][of][cash][flows][and][notes][to] the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of treland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs {UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

==> picture [417 x 30] intentionally omitted <==

----- Start of picture text -----
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the
preparation of the financial statements is appropriate.
----- End of picture text -----

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard. Matters on which we are required to report by exception We have nothing to report in respect of the following maiters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: - the information given in the financial statements is inconsistent in any material respect with the trustees’ report; or - sufficient accounting records have not been kept; or - the financial statements are not in agreement with the accounting records; or - we have not received all the information and explanations we require for our audit.

==> picture [18 x 6] intentionally omitted <==

----- Start of picture text -----
-10-
----- End of picture text -----

TP RILEY COMMUNITY ASSOCIATION LIMITED

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF TP RILEY COMMUNITY ASSOCIATION LIMITED

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material m sstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

From the preliminary stage of the audit, we ensure our understanding of the entity is up to date. This includes, but is not limited to, current knowledge of their activities, the business and control environments, and their compliance with the applicable legal and regulatory frameworks. This information supports our risk identification and the subsequent design of audit procedures to mitigate those risks; ensuring that the audit evidence obtained is sufficient and appropriate to support our apinion.

In response to the risks identified, specific to this entity, we designed procedures which included, but were not limited to:

A turther description of our responsibilities is available on the Financial Reporting Council’s website at: https:/Avww.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charity's trustees, as a bady, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work. for this report, or for the opinions we have formed.

-11-

TP RILEY COMMUNITY ASSOCIATION LIMITED

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF TP RILEY COMMUNITY ASSOCIATION LIMITED

Keval Dattani ACA (Senior Statutory Auditor)

For and on behalf of bk plus Audit Limited, Statutory Auditor Chartered Certified Accountants

Azzurri House Walsall Road Aldridge Walsall WS9 ORB 19 September 2025

bk plus Audit Limited is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of theCompanies Act 2006.

-12-

TP RILEY COMMUNITY ASSOCIATION LIMITED

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
Notes £ £ £ £ £ £
Income from:
Charitable activities 3 1,758.538 195,483 1,954,021 1,526,616 160,416 1,687,032
Investments 4 22,818 - 22,818 11,245 - 11,245
Total income 1,781,356 195,483 1,976,839 1,537,861 160,416 1,698,277
Expenditure on:
Raising funds 5 4.051 - 4,051 4,914 - 4,914
Charitable activities 6 1,448.740 172,186 1,620,926 1,411,087 109,669 1,520,756
Other expenditure 9 125 - 125 - - -
Total expenditure 1,452,916 172,186 1,625,102 1,416,001 109,669 1,525,670
Net income and movement in
funds 328,440 23,297 351,737 121,860 50,747 172,607
Reconciliation offunds:
Fund balances at 1 April 2024 888,490 650,747 1,539,237 766,630 600,000 1,366,630
Fund balances at 31 March 2025
1.216.930 674,044 1,890,974 888,490 650,747 1,539,237

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

-13-

TP RILEY COMMUNITY ASSOCIATION LIMITED

BALANCE SHEET

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 11 629,231 633,777
Current assets
Stocks 12 - 1,700
Debtors 13 107,924 195,710
Cash at bank and in hand 1,652,119 1,211,367
1,760,043 1,408,777
Creditors: amounts falling due within one 14
year (498,300) (503,317)
Net current assets 1,261,743 905,460
Total assets less current liabilities 1,890,974 1,539,237
The funds of the charity
Restricted income funds 16 674,044 650,747
Unrestricted funds 17 1,216,930 888,490
1,890,974 1,539,237

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 17 September 2025

Mrs L Emery

Trustee

Company registration number 03160299 (England and Wales)

-14-

TP RILEY COMMUNITY ASSOCIATION LIMITED

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2025

==> picture [423 x 233] intentionally omitted <==

----- Start of picture text -----
2025 2024
Notes £ £ £ £
Cash flows from operating activities
Cash generated from operations 21 422,413 433,987
Investing activities
Purchase of tangible fixed assets (6,479) (11,401)
Proceeds from disposal of tangible fixed assets
2,000 -
Investment income received 22,818 11,245
Net cash generated from/(used in) investing activities
18,339 (156)
Net cash generated from financing activities - -
Net increase in cash and cash equivalents 440,752 433,831
Cash and cash equivalents at beginning of year 1,211,367 777,536
Cash and cash equivalents at end of year 1,652,119 1,211,367
----- End of picture text -----

-15-

==> picture [251 x 10] intentionally omitted <==

----- Start of picture text -----
TP RILEY COMMUNITY ASSOCIATION LIMITED
----- End of picture text -----

==> picture [195 x 26] intentionally omitted <==

----- Start of picture text -----
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
----- End of picture text -----

==> picture [93 x 9] intentionally omitted <==

----- Start of picture text -----
1 Accounting policies
----- End of picture text -----

==> picture [420 x 566] intentionally omitted <==

----- Start of picture text -----
Charity information
TP Riley Community Association Limited is a private company limited by guarantee incorporated in England and
Wales. The registered office is Stan Ball Centre Abbotts Street, Bloxwich, Walsall, West Midlands, WS3 3AZ.
1.1. Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act
2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable ta charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in
these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies
adopted are set out below.
1.2. Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has
adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt
the going concern basis of accounting in preparing the financial statements.
1.3. Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes
and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the
amounts can be neasured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the
donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations
received under Gift Aid or deeds of covenant is recognised atthe time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the
amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
-16-
----- End of picture text -----

TP RILEY COMMUNITY ASSOCIATION LIMITED

==> picture [261 x 10] intentionally omitted <==

----- Start of picture text -----
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
----- End of picture text -----

FOR THE YEAR ENDED 31 MARCH 2025

==> picture [421 x 560] intentionally omitted <==

----- Start of picture text -----
1 Accounting policies (Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it
is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be
measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated
directly to that activity. Shared costs which contribute to more than one activity and support costs which are not
attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the
asset's use.
Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all
costs for allocation to activities, Where costs cannot be directly attributed to particular activities they have been
allocated on a basis consistent with the use of resources.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include
project management carried out at hcadquarters.
Governance costs are those incurred in connection with administration of the Charity and compliance with constitutional
and statutory requirements.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any
impairment losses.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the
following bases:
Freehold land and buildings Not depreciated
Fixtures and fittings 20% reducing balance
Computers 20% straight line
Motor vehicles 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the
carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there
is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable
amount of the asset is estimated in order to determine the extent of the impairment loss {if any}.
1.8 Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct
materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the
stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured
the lower of replacement cost and cost.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in
marketing, selling and distribution.
1.9 Cashand cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments
with original maturities of three months or less, and bank overdrafts.
----- End of picture text -----

==> picture [18 x 6] intentionally omitted <==

----- Start of picture text -----
-17-
----- End of picture text -----

==> picture [251 x 10] intentionally omitted <==

----- Start of picture text -----
TP RILEY COMMUNITY ASSOCIATION LIMITED
----- End of picture text -----

==> picture [261 x 26] intentionally omitted <==

----- Start of picture text -----
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
----- End of picture text -----

==> picture [421 x 589] intentionally omitted <==

----- Start of picture text -----
1 Accounting policies (Continued)
1.10 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other
Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual
provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a
legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise
the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price
including transaction costs and are subsequently carried at amortised cost using the effective interest method unless
the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the
future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not
amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the
arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the
future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not
amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.
If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and
subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilitics are derccagnised when the charity's contractual obligations expire or are discharged or cancelled.
1.11 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to
terminate the employment of an employee or to provide termination benefits.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and
assumptions abcut the carrying amount of assets and liabilities that are not readily apparent from other sources. The
estimates and associated assumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of
the revision and future periods where the revision affects both current and future periods.
-18-
----- End of picture text -----

TP RILEY COMMUNITY ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

3 Charitable activities

2025 2024
£ £
Government and public bodies 1,038,605 857,315
Activilies for generaling funds 23,714 34,003
Other charitable activities 891,702 795,714
1,954,021 1,687,032
Analysis by fund
Unrestricted funds 1,758,538 1,526,616
Restricted funds 195,483 160,416
1,954,021 1,687,032
4 Investments
2025 2024
£ £
Interest receivable 22,818 11,245
5 Expenditure on raising funds
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising and publicity
Advertising 2,716 20
Otherfundraising costs 1,335 4,894
4,051 4,914

-19-

TP RILEY COMMUNITY ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

6 Expenditure on charitable activities

2025 2024
£ £
Staff costs 915,734 845,786
Depreciation and impairment 8,899 9,655
Premises costs 123,491 114,177
Management and administrative expenses 65,201 100,504
Catering and refreshments 40,542 40,193
Day care transport and other costs 152,886 158,724
Youth projects 9,727 52,183
Co-op Dance Group Funding expenditure - 560
Big Lottery 9,536 4,967
New Horizons Community expenditure - 1,042
Digital Divide 598 -
Awards for all 20,186 -
Feeding our Futures 20,000 -
Palace Play, trips and entertainment 1,516 681
Heritage Spark - 479
Community Shop expenditure 71,943 -
Local Council/Public Health 168,279 182,540
1,608,538 1,511,491
Support and governance costs 12,388 9,265
1,520,926 1,520,756
Analysis by fund
Unrestricted funds 1,448,740 1,411,087
Restricted funds 172,186 109,669
1,620,926 1,520,756

7 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

-20-

TP RILEY COMMUNITY ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

8 Employees

The average monthly number ofemployees during the year was:
2025 2024
Number Number
Directors 6 5
Salaried employees 38 36
Total 44 41
Employment costs 2025 2024
£ £
Wages and salaries 915,734 845,786
The number of employees whose annual remuneration was more than £60,000 is as
follows:
2025 2024
Number Number
£70,001 - £80,000 4 -
Remuneration of key management personnel
There were no directors or trustees who received any remuneration or benefits from
the charity throughout the period.
9 Other expenditure
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Net loss on disposal oftangible fixed assets 125 -
10 Taxation
Thecharityisexemptfromtaxationonitsactivitiesbecauseallitsincomeisappliedfor charitablepurposes.

-21-

TP RILEY COMMUNITY ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

11‘ Tangible fixed assets
Freehold land — Fixtures and Computers Motorvehicles Total
and buildings fittings
£ £ £ £ £
Cost or valuation
At 1 April 2024 600,000 140,955 112,197 10,000 863,152
Additions - 5,840 639 - 6,479
Disposals - - - (10,000) (10,000)
At 31 March 2025 600,000 146,795 112,836 - 859,631
Depreciation and impairment
At 1 April 2024 - 115,002 106,499 7,875 229,376
Depreciation charged in theyear - 6,357 2,542 - 8,899
Eliminated in respect ofdisposals - - - (7,875) (7,875)
At 31 March 2025 - 121,359 109,041 - 230,400
Carrying amount
At 31 March 2025 600,000 25,436 3,795 - 629,231
At31March2024 600,000 25,954 5,698 2,125 633,777

Freehold property with a carrying amount of £600,000 was revalued in July 2023 by Fraser Wood (Midlands) Limited, independent valuers not connected with the charity, on the basis of market value as at 31 March 2023. The valuation was based on recent market transactions on arm’s length terms for similar properties. This valuation is considered to be still relevant as at 31 March 2025,

==> picture [421 x 170] intentionally omitted <==

----- Start of picture text -----
12. Stocks
2025 2024
£ £
Raw materials and consumables - 1,700
13. Debtors
2025 2024
Amounts falling due within one year: £ £
Trade debtors 68,622 166,494
Other debtors 13,068 7,891
Prepayments and accrued income 26,234 21,325
107,924 195,710
----- End of picture text -----

-22-

TP RILEY COMMUNITY ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

14 Creditors: amounts falling due within one year
2025 2024
Notes £ £
Deferred income 15 74,168 68,526
Trade creditors 52,485 65,530
Other creditors 266,803 267,614
Accruals 104,844 101,647
498,300 503,317

Included in other creditors is £237,295 which is owed to New Horizons Community Enterprise, a related party.

15 Deferred income

2025 2024
£ £
Arising from funding received in advance 74,168 68,526
Deferred income is included in the financial statements as follows:
2025 2024
£ £
Deferred income is included within:
Current liabilities 74,168 68,526
Movements in the year:
Deferred income at 1 April 2024 68,526 62,939
Resources deferred in the year 5,642 5,587
Deferredincomeat31March2025 74,168 68,526

16 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April 2024 Incoming Resources At 31 March
resources expended 2025
£ £ £ £
650,747 195,483 (172,186) 674,044

-23-

TP RILEY COMMUNITY ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

16 ~=Restricted funds (Continued)
Previous year: At 1 April 2023 Incoming Resources At 31 March
resources expended 2024
£ £ £ £
600,000 160,416 (109,669) 650,747

17 ~—_— Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At1 April 2024 Incoming Resources At 31 March
resources expended 2025
£ £ £ £
General funds 888,490 1,781,356 (1,452,916) 1,216,930
Previous year: At1 April 2023 Incoming Resources At 31 March
resources expended 2024
£ £ £ £
General funds 766,630 1,537,861 (1,416,001) 888,490
Analysis of net assets between funds
Unrestricted Restricted Total
funds funds
2025 2025 2025
£ £ £
At 31 March 2025:
Tangible assets 29,231 600,000 629,231
Current assets/(liabilities) 1,187,699 74,044 1,261,743
1,216,930 674,044 1,890,974
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
At 31 March 2024:
Tangible assets 33,777 600,000 633,777
Current assets/(liabilities) 854,713 50,747 905,460
888,490 650,747 1,539,237

18 Analysis of net assets between funds

-~24-

TP RILEY COMMUNITY ASSOCIATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

19 Operating lease commitments

Lessee

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

==> picture [421 x 117] intentionally omitted <==

----- Start of picture text -----
||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |2025|2024| |£|£| |Within|one|year|3,085|2,048| |Between|two|and|five|years|2,629|2,561| |5,714|4,609| |During|the|year|the|charity|incurred|£2,490|(2024|£2,048}|on|equipment|leasing.| |20|~=—s Related|party|transactions|

----- End of picture text -----

Transactions with related parties During the year the charity entered into the following transactions with related parties: Included in other creditors due within one year is £237,295 which is owed by the charity to New Horizons Community Enterprise (NHCE).

The secretary of the charity, Mrs Eleanor Boycott, also works for NHCE.

==> picture [423 x 235] intentionally omitted <==

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |21.|Cash|generated|from|operations|2025|2024| |£|£| |Surplus|for|the|year|351,737|172,607| |Adjustments|for:| |Invesiment|income|recognised|in|statement|of|financial|activities|(22,818)|(11,245)| |Loss|on|disposal|of tangible|fixed|assets|125|-| |Depreciation|and|impairment|of tangible|fixed|assets|8,899|9,655| |Movements|in|working|capital:| |Decrease|in|stocks|1,700|-| |Decreaseincrease)|in|debtors|87,787|(72,876)| |(Decreaseyincrease|in|creditors|(10,659)|330,259| |Increase|in|deferred|income|5,642|5,587| |Cash|generated|from|operations|422,413|433,987| |22|~=Analysis|of changes|in|net|funds| |The|charity|had|no|material|debt|during|the|year.|

----- End of picture text -----

-25-

This document was delivered using electronic communications and authenticated in accordance with the registrar's rules relating to electronic form, authentication and manner of delivery under section 1072 of the Companies Act 2006.