WILLENHALL COMMUNITY
FORUM LIMITED
REPORT AND FINANCIAL STATEMENTS
31 March 2024
Registered No. 03125686
Charity Registered No. 1057458

WILLENHALL COMMUNITY
FORUM LIMITED
REPORT AND FINANCIAL STATEMENTS
For the year ended 31 March 2024
Registered No. 03125686
Charity Registered No. 1057458
CONTENTS
Page
Trustees, Annual Report
Report of the Independent Examiner 8
Statement of Financial Activities
Balance Sheet
10-11
Statement of Cashflows
12
Notes to the Financial Statements 13-25

WILLENHALL COMMUNITY FORUM LIMITED
TRUSTEES, ANNUAL REPORT
31 March 2024
The trustees who are the dirertors of the charitable company present their repjrt and the independently
examined financial statements for the year ended 31 March 2024.
REFERENCE AND ADMINISTRATIVE INFORMATION
Charity name
Willenhall Community Forum Ltmited
Company Registered Number
03125686
Registered Charity Number
1057453
Company Registered Office
Willenhall Education, Employment and
Training Centre
Robin Hood Road
Coventry
CV3 3AN
Trustees
The tru5tee5 of the charltable company during the year to 31 March 2024 were a5 follows:
Mr R P Lakha
Mrs R M McAuley Iresigned 3 Ottober 20231
Mrs l M Weir
Mrs C E Thom35
Mr F O Agboola
Reverend F E Onwa lappointed 3 October 20231
Mr M S Ohadda (appointed 14 March 20241
Secretary
Mrs CA Linney
Senior Management team
Mr B Bradley (from May 20231
Others
Independent Examiner5
ets Audit Serwices
3mc Middlemarch Business Park
Siskin Drive
Coventry
Warwickshire
CV3 4FJ
Bankers
Unity Trust Bank PIC
Four Brlndley Place
Birmingham
B12HB
Solicitors
Rotherham & Co
8/9 The Quadrant
Coventry
CVI 2EG

WILLENHALL COMMUNITY FORUM LIMITED
TRUSTEES, ANNUAL REPORT
31 March 2024
STRucfuRE, GOVERNANCE AND MANAGEMENT
Constitution of the charitable company
The charitable company was incorporated under the Companies Act 1985 on 14 November 1995 as a company
limited by guarantee and not having a share capital. Its Governing Instrument5 are its Memorandum and Articles
of Association which empowers the trustees to manage the busines5 of the charitable company and, at their
discretion admit full or associate rnernber5. Only full membe15 may vote in General Meeting.
The company was awarded charitable status by the Charity Commission on 10 August 1996.
Organi50tional Structure
The organisation has a main board made up of all Tru5tee5 and Directors. The charitable company owns the
whole of the equity share capital of a subsidiary trading company, Willenhall Community Forum (Trading)
Limited, which has a directorship that is expected to be made up of 66% of directorsltrustees from the main
board and 33% independent membership. At 31 March 2024 the trading company had one dirertor who was
independent of the main board. 80th boards meet simultaneously on a regular basis and reports are made from
the trading company to the main board and vice ver5a. Joint decisions and discussions take place and are
approved at a full board meeting.
Senlor staff employed by the organisation produce monthly reports to the main board. Statt representative5
attend the main board meeting. Representatives from appropriate stakeholders are invited to attend meetings
to observe. This grouping comprises mainly relevant interested parties.
Electlon of Trustees/DirectDr5
The Directors and Trustees are nominated on an annual basis from the representative organisational base. This
base includes community and voluntary organisations providing seNices in Willenhall and Willenhall Wood that
are alike to the aims of the organisation.
Each organisation nominateslelects a "voluntarf, representative from their membership or user group. This
representative may change tsn an annual basis.
Nominations are presented to the Annual General Meeting and the voting take5 place from within the
membership to accept/reject new members.
Trustee induction and training
New trustees are briefed on their legal obligations under charity and company law, the content of the
Memorandum and Articles of Association, the committee and decision-making process, the business plan and
recent financial performance of the charitable company. During the induction they meet key employees and
other trustees. Trustees are encouraged to attend appropriate trainin8 events where these will facilitate the
undertaking of their role.
Remuneration of key management personnel
The Directors consider that the Board of Directors, who are the charity's Trustees, and the Centre Manager
comprise the key management personnel for the governance, running and operation of the charity on a day to
day basis. All directors give of their time freely and no director received any rernuneration in the year. The pay
of the senior staff is reviewed annually by the trustees.

WILLENHALL COMMUNITY FORUM LIMITED
TRUSTEES, ANNUAL REPORT (continued)
31 March 2024
Volunteers
Volunteering opportunities for members of the local community continues to be important for us both in
supporting the work we do and providing chances for local people to improve their skills. We have increased
the breadth of volunteering this year to now include roles to help maintain and improve our green spaces.
Those who volunteer at Communi-tea continue to be the backbone of our delivery at the Hagard.
Risk Management
The Forum continues to take risk management seriously and assesses the risks of new and pilot services and
projects whenever they are planned. Legal risks continue to be monitored to ensure that prevention of risk is
addressed and protection is adequate where this is required.
The or8anlsatioll takes a continuous improvement approach to risk and uses regular risk assessment to
improve the state of the organisation, it5 services, assets and 5tafPing.
OBJEcnvES AND AcnviTIES
The charitable ¢ompany's objerts are the relief of the inhabitants of Willenhall and Willenhall Wood and the
surrounding area by associating with the local authorities, voluntary organisatlons and local inhabitants in a
common effort to provide, or assist in the provision of, facilities for education and recreation or other leisure-
time occupations for the inhabitant5 and in particular to provide and maintain an education, training and
advice centre.
The policles adopted in order to further the Charitable Objectives are..
To fully extend and develop a range of opportunities available to local people at the Willenhall
Education, Employment and Training Centre.
To develop ar¢d build on our growing relationship with members of the local community and prioritise
those who are most isolated.
To further links with partnership agencies in order to target those with the greatest need.
To implement strategies to develop and enhance the service available at our on-site childcare
provision.
To ensure that our community centre delivers a range of service and activitie5 which are accessible to
local people.
To develop pilot activities to encourage younger people to become more engaged in the community
in which they live.
To create greater opportunity for the involvement of local residents in the services and projects that
the Forum deliver.
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gl
In shaping our objectives for the year and planning our activities, the trustees have considered the Charity
Commission's guidance on public benefit
It is down to the dedication and loyalty of the staff team that we remain a dynamic and focused organisation
working with some of the most disen8aged families in our community. The experience that the team draw on
is well grounded in working with our communities to give them a voice.
Whatever the future may hold for the organisation, it is still important that our core work continues "to build
better and stronger Willenhall through the active involvement of the community to find solutions to local
problem5" in line with our established delivery objectives:

WILLENHALL COMMUNITY FORUM LIMITED
TRUSTEES, ANNUAL REPORT Icontinued)
31 March 2024
Unemployment & Worklessne55
Poverty and Disadvantage
Children & Young People
Inclusion & Cohesion
Isolation
Leisure, Learning and lifestyles changes
There is an ongoing dialogue to measure the effectiveness of the work and our commitment to the community
involvement whilst recognising that we are competing with other local organi5ation5 in a variety of settings for
funding. Why do we do this? It is because we believe in the work we do and the area in which we live and
serve.
Against this backdrop for the year the organisation is pleased to be able to offer the following review of the
current activities, projects and services:
ACHIEVEMENTS AND PERFORMANCE
This year we have continued to develop and deliver services to the community of Willenhall. Our nursery
currently has over 100 children enrolled across our two sites and our holiday club for older children continues
to be an important part of our provision. Our newest servlce is a creche in partnership with Coventry Clty
Councils Adult Education Service. The creche operates in term time and provides childcare for adult learners
accessing ESOL provision on site at WEETC.
Our Education, employment and training centre continues to be well booked and used with adult education,
external training providers and religious groups. We have also seen an increase in local community use over
the course of the past 12 months.
The Hagard Community Space remains the central point of providing services and activities to the local
community who retain a sense of ownershlp. We have regular groups in partnership with provider5 such as the
YMCA, Grapevine and health service5 that play a pivotal role in providing leisure, learnin8 and lifestyle
activities.
Poverty and Disadvantage
Food Provlsion
We have continued to operate our food hub throughout the year opening every sing5e Wednesday. We
continue to see high demand for this service from single person households and in particular families that are
imparted by the cost of living crisis and give out a5 many as 100 food packages per week.
We continue to support a range of activities by external providers to ensure that local members of the
community have access to nutritious food including the Saturday breakfast club and Trussell Trust Food Bank.
Independently and through partnership working with the Coventry Food Network to advocate on continued
support for emergency and short term food provision.
Wlllenhall Market
The market has continued to add a valuable contribution to the local economy and provide a vital service to
the local residents.

WILLENHALL COMMUNITY FORUM LIMITED
TRUSTEES, ANNUAL REPORT (continued)
31 March 2024
Community artivity
We continue to run our ever-popular day trips to UK holiday destinations at an affordable price to ensure the
local community ha5 an opportunity to get away and enjoy the sea air
We have also increased the amount of cornmunity activities we put on to ensure local farnilies have fun and
safe activities for children of all ages including multi-cultural
Partnership working
We recognise that the Forum cannot deliver all the Services needed in the local area and we continue to build
partnerships with statutory services and other voluntary sector partners to ensure they get the right support
at the right time for their personal needs. This year we launched and chaired the Willenhall Voluntary Sector
Partnership that support the voluntary sector to coordinate activitie5 and 5UPPOrt as well as ensuring great
partnership working with the statutory 5ettor. We also advocate on behalf of the local community during
public consultation5.
We continue to work in partnership with statutory and voluntary sector partners to deliver excellent services
to the people of Willenhall including working to develop a Willenhall Net to ensure support for individuals in
need across the area.
Children and Young people
Eureka Nursery
Our Eureka nursery at WEETC has up to 70 children attend each and every day throughout term time. Eureka
also runs very popular school holiday clubs for school aged children ensuring a safe place to learn and have fun
while ensuriftg their parents can continue to work.
Eureka prides itself on our work and support to children with Special Educational Needs ensuring they have the
best support available to meet their needs. We will be launching a creche in partnership with Coventry City
Council to deliver 8 spaces for the children of learner5 accessing ESOL lessons on slte.
We continue to play an active role in our community in organising trips and activities as part of the children's
development.
Eureka Discovery Hut
Childcare was available for up to 44 children aged 2-4 years. all of whom were receiving state voucher5. Staff
work closely with the children's parents/carers to ensure that the children's needs. some of which are SEN. are
met and compliment home and nursery activitie5.
Safe guarding children
Safe guarding children continue5 to be the highest priority for all at Eureka, and staff continue to receive a
range of safeguarding courses during induction and part of their continuous profe55ional development. We
have a 5afe8uarding lead who develops our Safeguardin8 Policies and Procedures meeting industry best
practice and lead5 on all of our work with children at risk. We continue to ensure our staff are trained in
safeguarding children and keeping up with best practise.

WILLENHALL COMMUNITY FORUM LIMITED
TRUSTEES, ANNUAL REPORT Icontinued)
31 March 2024
The Hagard Community Space
In March 2024, the Hagard Community Space turned 60 with a birthday party to match. We continue to plan
for the future to ensure the centre is fit for purpose for the next 60 years. This year ha5 seen u5 giving the
internal building a new lease of life with murals designed and painted by young people workin8 in partnership
with the YMCA.
The Hagard has been the centre where many people can find a warm welcome, take part in activities.
delivered by resident5 for residents. Our café continues to be the centre point for the local community to
meet friends and family.
Thousands of people access the Hagard each and every year and a wide ro nge of 5tatutDry services, charities
and local people book it to host their activities and events.
We juggle with the challenge of making our hire costs as competitive and affordable as P055ible while a150
facing increasing run nlng and repair costs.
FINANCIAL REVIEW
The financial stotement5 Show total income of £823,041, an increase of £44,553 on 2023 and total expenditure
of £817,859, an increase of £42,8S5 on 2023. This has led to net income of £5,182 for the year compared to
net income of £3.484 in 2023.
Principal fvndlng sour¢e5
As a result of increasing constraints on local authority expenditure the charity has to seek funding from a broader
group of agencies. The principal funding sources are the income generated from thE hiring of facilities at our
centres and the gift aided profits of the trading subsidiary.
Investment pollcy
The charitws reserve5 are held with a UK bank ir¢ an interest-bearing account linked to the charity'5 current
account which allows for same day money transfer.
Reserves policy
Objertives of the reserves pollcy
To ensure that all reserves accumulated will be used to meet the following abjectives:
To resource the central core functions of the organisation. This includes management, administration
and building running c05t5.
To fund material buildin8 maintenante considering the age of the property.
To provide for potential redundancy.
To assist in piloting new and innovative areas of work that will not attract rn3in stream funding.
Reserves pollcy and going ¢on¢ern
The Trustees aim to maintain general reserves in unrestricted funds (that is those funds not tied up in fixed
ssets. designated funds and restricted fund51 at a level that considers the financial requirements of the
charity. This would include anticipated income, future funding and expenditure to which the charity is
committed

WILLENHALL COMMUNITY FORUM LIMITED
TRUSTEES, ANNUAL REPORT (continued)
31 March 2024
The charity does not have the security of long-term funding; cash flow and continuity of funding have been
identified among the main rlsks facing the charity. Therefore, it is the view of the trustees that a sufficient
level of reserves are held to maintain the financial viability of the charity and consider5 the most appropriate
level of free reserves at 31 March 2D24 would be six month's operating cost5 of both the charity and it's
trading subsidiary lapprox £408,900).
The actual free reserves at 31 March 2024 were £462,884.
The trustees have reviewed the circumstances and consider that adequate resources continue to be available
to fund the activities of the charity for the foreseeable future and are of the view that the charitv 15 a going
concern.
ThSrd party Indemnlty provision for trustees
Qualifying third party indemnity provision is in place for the benefit of all trustees of the charitable company
and the subsidiary compony Willenhall Community Forum (Tradlngl Limited.
CONNECTEO CHARITIES AND ORGANISATIONS
During the course of the financial year we have worked hamioniously and productively with a range of
organisations in order to maximlze the impart of our work and better meet our charitable objectives.
We have worked with the followlng organlsatlons:
Groundwork West Midlands
Willenhall Association Trust IThe Hut)
Citizen Housing
Coventry & Warwickshire YMCA
Betty Ennis foundation
Grapevine
Coventry City Council
Trussell Trust Foodbank
Adult Education Coventry
Willenhall Library
Coventry City Councll Resilience team
NHS
Willenhall Mens Support Group
On behalf of the Boa
R P Lakha-Trustee

WILLENHALL COMMUNITY FORUM LIMITED
INDEPENDENT EXAMINER'S REPORTTOTHE MEMBERS OF
WILLENHALL COMMUNITY FORUM LIMITED
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March
2024 which are set out on page5 9 to 25.
Responslblllties and basis of report
As the charity's trustees of the company land also its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006
I'the 2006 Act'l.
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 exarnination, I report in respect of my eXaminat￿orn of your charity's accounts
as carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have
followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act.
Independent examiner's statement
Since the companvs gross income exceeded £250,000 your examiner must be a member of a body listed in section
145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of The
Institute of Chartered Accountants in England and Wales, whith is one of the listed bodies.
I have completed my examination. I confirm that rbo matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
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
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
I have no concerns and have come across no other matters in connertion with the exarnination to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
RobertAnderson FCA
Azets Auditservices
3mc Middlemarch Business Park
Siskin Drive
Coventry
Worwickshire
CV3 4FJ

WILLENHALL COMMUNITY FORUM LIMITED
CONSOLIDATED STATEMENT OF FINANCIAL AcfiviTIES (INCORPORATING INCOME
AND EXPENDITURE)
for the year ended 31 March 2024
Unrestrlcted Restrlcted
Funds
Funds
Total
2024
Unrestricted Restrlcted
Funds
funds
Total
2023
Note
(Note 14)
(Note 14)
Incoming resources
Artlvltles for generating fund5
Trading income {incl. trading
subsidiary income)
Investment income
733,651
16.556
750,207
689,550
34,550
724,100
12,147
12,147
4,323
4,323
Incoming resources from
charitable activltles
Grants receivable
Other income
44,121
6,783
44,121
16,566
36,424
4,863
36,424
13,641
9.783
8,778
Total Incomlng resources
755,581
67,460
823,041
702,651
75,837
778A88
Resources expended
Cost of 8enerating funds
Costs of generating voluntary
income
Trading costs lincl. tradlng subsldiary
expenditure)
5,777
5,777
5,099
5,099
498,042
30,496
528,538
488,849
42,991
531,840
Charltable artivities
206,260
54,149
260,409
168,251
48,430
216,681
Governan¢e costs
23.135
23,135
21,384
21,384
Total resources expended
733,214
84,645
817,859
683.583
91,421
775,004
Net incomln81{out8olng)
resources being net
movement ￿ fvnds
22,367
117,1851
5,182
19,068
115,584}
3,484
Transfers between funds
121
Fund balances brought forward
at IApril
470,833
47,945
518,778
451,767
63,527
515,294
Fund balances carried forward
at 31 March
493,200
30,760
523,960
470,833
47,945
518,778
The Consolidated Statement of Financial Activities include all gains and losses in the year. All incoming resources and
resources expended derive from continuing activitie5.

WILLENHALL COMMUNITY FORUM LIMITED
BALANCE SHEET
at 31 March 2024
Company Registration No. 3125686
Group
Charitable Company
1024
2023
2024
2023
Note
Fixed assets
Tangible fixed a55ets
Investments
io
li
42,085
37,930
42,085
37,930
42,085
37.930
42,088
37.933
Current assets
Debtor5
Cash at bank
12
55,297
560,835
44,917
562,509
30,076
548,651
23,258
523,737
616,132
607,426
578,727
546.995
Creditors: amounts falling due
within one year
13
(134,2571
1126,5781
196,8551
166,1501
Net c￿r￿ftt a55ets
481,875
480,848
481,872
480,845
Net assets
523,960
518,778
523,960
518,778
Funds
Un￿strIrted funds
- General fund
14
493,2
470,833
493,200
470,833
Restrirted funds
14
30.760
47.945
30,760
47,945
14
523,960
518,778
523,960
518.778
For the year ending 31 March 2024 the company was entitled to exemption from audit under settion 477 of the
Companies Act 2006 relating to small companie5.
Directors, responsibilitie5'.
The members have not required the company to obtain an audit of its accounts for the year in question in
accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and the preparation of accounts.
10

WILLENHALL COMMUNITY FORUM LIMITED
BALANCE SHEET (Continued)
at 31 March 2024
Company Registration No. 3125686
For the financial year ended 31 March 2024, the company was entitled to exemption from audit under the Compt7nie5
Art 2006,1s. 477 relating to small companies) and the members have not required the company to obtain an audit of
its accounts for the year in question in accordance with s. 476.
These financial statements are prepared in accordance with the provisions applicable to companies subject to the
small companies, regime.
The financial statements on pages 9 to 25 were approved by the trustees on ané authori5ed for issue on
i 9 rXIo￿.gi￿I)..wl.2024 and are signed on its behalf bv..
R P Lakha
Trustee..
Charity number:
105
458
Company number.. 03125686

WILLENHALL COMMUNITY FORUM LIMITED
CONSOLIDATED STATEMENT OF CASHFLOWS
31 March 2024
2024
2023
Cashllows from Operatlng Artivities
Operating Profit for the year
5,182
3,484
Adjustments for..
Depreciation charged in year
Ilncreasel in Debtors
Increase / (Decrease) in Creditors
Interest Received
19,259
110,3801
7,679
112.1471
16.913
12.9251
18.2541
14,3231
Net Cash from Operating Activities
9,593
4￿95
Cashfiow5 from Investing Arti¥itie5
Purchase of Fixed A55ets during the year
123,4141
Net Cash from Investing Activities
123,414)
Cashflows from Financing Artivltles
Interest Received
12.147
4.323
Net Cash frorn Financing Activities
12,147
4323
Net {Decreasel / Increase in Cash and Cash Equlvalents
11,674)
9218
Cash and Cash Equivalents at beginning of year
$62,509
553,291
Cash and Cash Equivalents at end of year
560,835
562,509
12

WILLENHALL COMMUNITY FORUM LIMITED
NOTES TO THE FINANCIAL STATEMENTS
31 March 2024
ACCOUNTING POLICIES
Company information
Willenhall Community Forum Limited is a charitable company limited by guarantee incorporated in England
and Wales. The registered office is Willenhall Education, Employment and Training Centre. Robin Hood Road,
Coventry, CV3 3AN. (Charity number.. 1057458, Company number.. 031256861.
bl
Basis of preparatlon
The consolidated financial Statements have been prepared under the historical cost convention. The
financial statements of the charitable company, which is a public beneflt entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 "Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to Charitles preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January
20191" Financial Reporting Standard 102 'Yhe Financial Reporting Standard applicable in the UK and
Republic of Ireland" and the Companies Act 2006.
The financial staternents are prepared in Sterling. which is the functional currency of the company.
Monetary amounts in the financial statements are rounded to the nearest £.
Golng concern
As with most charities, the trustees are mindful of the uncertain timing of incoming resources. At the time
of approving the financial statements, the trustees have a reasonable expectation that the chèrity has
adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees
continue to adopt the going concern basi5 of accounting in preparing the financial statements.
dl
Basls of consolidation
The consolidated financial statements incorporate those of Willenhall Community Forum Lrmited. and its
subsidiary, Willenhall Community Forum (Trading) Limited.
All intra-group transactions, balance5 and unrealised gains on transactions between group companies are
eliminated on consolldation. Both companies, financial statements are made up to 31st March and employ
consistent accounting policies.
Tan8ible flxed assets and depreclatlon
Depreciation is provided on all tangible fixed assets at rate5 calculated to write off the cost on a straight line
basis over their expected useful economic lives as follows:
Leasehold land and buildings
Fixtures, fittings and equipment
over the period of the lease
over 4 years
13

WILLENHALL COMMUNITY FORUM LIMITED
NOTES TO THE FINANCIAL STATEMENTS (continued)
31 March 2024
Investments
The investment in the trading subsidiary is stated at cost.
gl
Debtors and creditors receivablelpayable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
trarTrsartion price. Any losses arising from impairment are recognised in expenditure.
h)
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in
furtherance of the general objectives of the charitable company and which have not been designated for
other purposes.
Restrirted fund5 are funds which are to be used in accordance with specific restrictions imposed by donors
or which have been raised by the charitable company for porticular purposes. The aim and use of each
restricted fund is set out in the notes to the financial statements.
Incorning resources
Voluntary income including donations, gifts and legacies and grants that provide core funding or are of
general nature are recognised when there is entitlement, certainty of receipt and the amount can be
measured with sufficient reliability. Such income is only deferred when-
The donor specifies that the grant or donation must only be used in future accounting periods or;
The donor has imposed conditions that must be met before the charitable company has unconditional
entitlement.
Income from commercial trading activities is recognised as earned las the related goods and services are
provided).
Investment income is recognised on a receivable basis.
Income from charitable activities includes income receivable under contract or where entitlement to grant
funding is subjett to specific performance conditions and is recognised as earned {as the goods or services
are provided). Grants included in this category provide income to support performance activities and are
recognised where there is entitlement, certainty of receipt and the amount can be measured with sutticient
reliability-
Government grants are recognised at the fair value of the asset received or receivable when there is
reasonable assurance that the grant conditions will be met and the grants will be received.
A grant that specifies performance conditions is recognised in income when the performance conditions are
met. Where a grant does not specify performance conditions it is recognised in income when the proceeds
are received or receivable. A grant received before the recognition criteria are satisfied 15 recognised as a
14

WILLENHALL COMMUNITY FORUM LIMITED
NOTES TO FINANCIAL STATEMENTS (continued)
31 March 2024
Resources expended
Expenditure is recognised when a liability is incurred. Contractual arrangements and performance related
grants are recogni5ed as goods and se￿iceS are supplied. Other grant payments are recognised when a
constructive obligation arises that result in the payment being unavoidable.
Costs ot generating funds are those cost5 incurred in attracting voluntary income and those incurred in
trading activitie5 that raise funds.
Charitable activities include expenditure associated with carrying out the charitable functions and include
both the direct costs and support costs relating to these activities.
Governance costs include those incurred in the governance of the charitable company and its assets and are
primarily associated with constitutional and statutory requirements.
Support costs include central functions and have been allocated to activity cost categories on a basis
consistent with the use of resources e.g. staff costs by the estimated time spent and other costs by their
estimated usage.
kl
Leased assets and obllgatlons
All leases are "operating leoses" and the annual rentals are charged to the staternent of financial activities
Oll a Straight-line basis over the lease term.
Retlrement benefit5
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
JUDGEMENTS AND KEYSOURCES OF ESTIMATION UNCERTAINTY
In the application of the charitable 8roup and companvs accountin8 policies, the directors are required to
make judgements, e5timate5 and assumptions about 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 fattor5 that are considered to be relevant. Actual results may differ from these
estimates.
The estimates and underlying assumptions are reviewed on an ongoing ba515. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision only affects that
period, or in the period of the revision and future periods where the revision afferts both current and future
periods.
15

WILLENHALL COMMUNITY FORUM LIMITED
NOTES TO FINANCIAL STATEMENTS (continued)
31 March 2024
FINANCIAL ACTIVITIES OF THE CHARITABLE COMPANY
The financial activities shown in the consolidated statement of financial attivities includes those of the
charitable company's wholly owned subsidiary Willenhall Community Forum (Trading) Limited.
A summary of the financial activities undertaken by the charitable cornpany is set out below.
2024
2023
Gross incoming resources
294.503
246.648
Fundraising costs of grants and donations
Charitable activities
Governance costs
15,7771
1260,4091
123,1351
15,0991
1216,6811
121,3841
Net incoming/loutgoingl resources
Total funds brought forward
5,182
518,778
3,484
515,294
Total funds carried forward
523,960
518.778
Represented bv:
Aestrirted income funds
Unrestricted income fund5
30,760
493,200
47,945
470,833
NET INCOMING/IOUTGOINGI RESOURCES
2024
2023
Net incominglloutgoing) resources is Stated after charging".
Auditorllndependent exarninerfs remuneration
auditlindependent exam
Operating leasps
rent payable
plant and machinery
Depreciation of tangible f ixed asset5
- owned a55ets
3.480
2,972
4,600
4,351
4,600
3,005
19.259
16,913
TRUSTEE REMU NERATION AN D RELATED PARTY TRANSACTIONS
None of the trustees received any remuneration or expenses during the current year or previous year. Durlng
the year. £1,46412023.' £1,442) wa5 paid for Trustees Indemnity Insurance.
No trustee or other person related to the charitable company had any personal interest in any contract or
transactlon entered into by the charitable company during the year12023.. Nill.
16

WILLENHALL COMMUNITY FORUM LIMITED
NOTES TO FINANCIAL STATEMENTS (continued)
31 March 2024
INVESTMENT INCOME
Unrestrfrted
2024
Restricted
2024
Totsl 2024
Unrestrirted
2023
Restrirted
2023
Total 2023
Interest Received
12,147
12.147
4,323
4.323
GRANT INCOME
During the year restricted income grants were received amounting to £44,12112023= £36,424), which included
a total ofE35,719 from Coventry Food Network to supportthework of the Food Hub.
No other unre5trirted grants were received12023- £Nill
None of these amounts are repayable.
OTHER INCOME
Unrestrirted
2024
Restrlrted
20Z4
Total 2024 Unrestrirted
2023
Re5trirted
2023
Total 2023
Donatlons
rickets & Events
aothes bin rent
Employers Allowance
6.783
7.469
2.997
I,IcKJ
5,C￿0
630
3.148
4,863
5,493
3,148
2,997
I,ioo
5,000
5.000
5,000
9,783
6,783
16,566
8,778
4,863
13.641
17

WILLENHALL COMMUNITY FORUM LIMITED
NOTES TO FINANCIAL STATEMENTS (continued)
31 March 2024
TOTAL RESOURCES EXPENDED
Staff
Costs
Grants
Payable
Support
Costs
Total
2024
Total
2023
Depreciation
Costs of generating lunds
(Unrestricted)
Cost of generating voluntary income
Trading costs
Charitable Expenditure
Governance
5,340
418.380
126.266
18,688
437
79,662
68,582
4,447
5.777
498,042
206,260
23,135
5.099
488,849
168,251
21,384
11,412
568.674
11,412
153,128
733,214
683.583
Staff
Costs
Grants
Payable
Support
Costs
Total
2024
Total
2023
Depreclatlon
Cost5 of generatlng funds
(Restrirted)
Cost of generating voluntary income
Trading costs
Charitsble expenditure
Governance
29.741
4,324
755
41,978
30,496
54,149
42.991
48,430
7,847
34,065
7,847
42,733
84,645
91,421
2024
2023
Staff costs:
Wages and salaries
Social security costs
Pension costs
556.628
36,607
9,504
558,197
36,495
8.897
602,739
603.589
Number
Number
Average nurnber of persons employed by the Eroup was as follows,.
40
37
There were no employees whose emoluments exceeded £60,CKJO12023.. Nill.
The total amount of ernployee benefits received by key personnel is £35,06212023'. £32,192)
18

WILLENHALL COMMUNITY FORUM LIMITED
NOTES TO FINANCIAL STATEMENTS (continued)
31 March 2024
TOTAL RESOURCES EXPENDED Icontinuedl
2024
2023
Support costs include:
Rent and roorn hire
General and water rates
Light and heat
Insurance
Office expenses
Advertising
Repairs and renewals
Medical supplies and cleaning
General supplie5
Training
Nursery resources and activity
Events and projects
Other staff expenses and travel
Sundry expenses
Professional fees
Bank and credit charges
Bad debts recovered
Bad debts
20,984
2,725
51,906
11,770
11,034
360
9,153
7,474
20,233
995
5,524
21,647
8,776
6,396
16,311
I,ioi
17261
198
19,836
5,165
33,186
9,382
10,115
360
12,553
7,608
20,164
744
9,831
7,066
1,033
4,760
10,642
1,187
11,2051
349
195,861
152,776
io
TANGIBLE FIXED ASSETS
Leasehold
land and
buildings
Flxtures
fittings &
equipment
Group and Charitable company
Totsl
Cost
l April 2023
Additions
Disposals
773,460
91,228
23,414
864,688
23,414
31 March 2024
773,460
114,642
888,102
Depreciation
l April 2023
Charge for year
Eliminated on disposal
739,555
13,564
87,203
5,695
826,758
19.259
31 March 2024
753,119
92,898
846,017
Net book amount
31 March 2024
20,341
21,744
42,085
31 March 2023
33,905
4,025
37,930
19

WILLENHALL COMMUNITY FORUM LIMITED
NOTES TO FINANCIAL STATEMENTS (continued)
31 March 2024
Future capital commltments
There were no capital commitments at 31 March 202412023: £Nil)
li
FIXED ASSETINVESTMENT
Investment Sn
subsidiary
undertaking
Cost
At 31 March 2024 ané 31 March 2023
The parent charitable company holds the whole of the equity share capital of Willenhall Community Forum
(Trading) Limited, a company incorporated in England. Its principal activity 15 to raise fund5 for the charitable
company, this includes nursery care, room hire and functions.
All activitles have been consolidated on a line by line basis in the SOFA. The total net profit is gifted to the
charitable companv.
A summary of the results of the Subsidiary is shown below..
2024
2023
Turnover
Cost of sales
580,061
{491,4481
576,041
1498,170}
Gross profit
Administrative expenses
Interest receivable
Other operating income
88,613
137,0901
77,871
133,6711
1,000
4,500
52,523
48,700
Gift aid to Willenhall Community Forum Limited
152,5231
148,700)
Retained in the company
The aggregate of the a55ets, liabilities and funds was as follows..
Assets
Liabilities
103,005
1103,0021
96,272
196,2691
Funds - representing 3 ordinary shares of £1 each12023: 31 and a
profit and loss account of £Nil12023: £Nill
20

WILLENHALL COMMUNITY FORUM LIMITED
NOTES TO FINANCIAL STATEMENTS (continued)
31 March 2024
Group
Charltable Company
2024
2023
2024
2023
12
DEBTORS
Trade debtors
Amounts duefrom subsidiary undertaking
Other debtors
Prepayments and accrued income
28,403
23,198
16,605
15,198
26,894
21,719
13,471
8.060
55,297
44,917
30,076
23.258
13
CREDITORS
Group
Charitable Company
2024
2023
2024
2023
Amounts falling due within one year:
Trade creditor5
Amount5 due to subsidlary undertaking
Other taxation and social security
Other creditors
Accrua15 and deferred income
24.155
17,TrJ2
9,264
65,6C
3,987
7,356
10.648
3,041
35,841
7,022
7,984
12.262
3,987
7,356
98,759
7,022
7.984
94,570
134,257
126.578
96,855
66,150
Deferred income
Included in accruals and deferred income above is the following deferred income:
2024
Deferred income brought forward
Recognised in the year
Released in the year
75,997
76,349
175,9971
Deferred income carried forward
76,349
Deferred income relates mainly to nursery funding received within the trading company.
21

WILLENHALL COMMUNITY FORUM LIMITED
NOTES TO FINANCIAL STATEMENTS (continued)
31 March 2024
14
STATEMENT OF FUNDS
Balance
31 March
2023
Balance
31 Marth
2024
Incoming
resources
Resources
expended
Transfers
General reserves
470.833
755.581
1733,2141
493,200
Restrfrted funds
2 yr old Capacity Grant
Early Years Pupil PremiLJrn
Early Years Disability Access
Pupil Premium PEP
Sen Inclusion Funding
Willenhall FTr)d Hub
Coventry City Council Recovery & Support
HAF Programme
Think Active CSW Together
ThinkArtive CSW Women & Girls Grant
Coventry General Charities
Education and Skills funding
19,616
12,340
1,600
17,8471
124,9211
13,7751
13001
15001
139,1281
13201
12,5331
12,0001
14011
11,9201
11,0001
11,769
12,581
2,175
300
500
42.502
11,748
641
15,122
321
2,533
2,000
3,949
1,920
1.000
3,548
Total restrlcted funds
47,945
67,460
184,6451
30,760
Trtal fvnds
518,778
823,041
817,8591
523,960
?2

WILLENHALL COMMUNITY FORUM LIMITED
NOTES TO FINANCIAL STATEMENTS (continued)
31 March 2024
14
STATEMENT OF FUNDS (Continued)
Balance
31 March
2022
Batsnce
31 March
2023
Incomlng
resources
Resources
expended
Transters
General reseThes
451,767
702,651
1683,583}
{21
470.833
Restrirted funds
2 yr old Capacity Grant
Early Years Pupil Premium
Early Years Disability Access
Pupil Premium PEP
High Needs Top Up
Sen Inclusion Funding
Willenhall Food Hub
National Lottery
Coventry City Council Recovery & Support
Coventry UK City of Culture Trust
Think Active CSW Together Fund
Persimmon Homes Communty Champions
The Soil Association
Education and skills funding
27,462
16,119
4,666
2C
1,396
17,8461
116.1191
14.6661
12001
11,3961
116,1101
126,6481
Iio,O(KJl
12,5841
15001
19,616
12,340
1.600
12.340
1,600
16,110
25,562
iO,QKJO
3,225
5CN)
2,000
12.834
11,748
641
2,000
7(KJ
150
{7001
11521
{4.5001
4,500
Total restricted funds
63.527
75,837
191.4211
47,945
Totsl ￿ndS
51S,294
778,488
1775,0041
518,778
Restricted funds are held for the following purposes..
2 yr old Capacity Grant
Funding received from Coventry City Council for capital costs at both childcare settings for an increase in the
number of two-year old children and promotion of the early learning for two-year olds, funding to eligible
families.
Early Years Pupll Premlum
Additional funding for early years settings to improve the education they provide for disadvantaged 3 and 4
year olds.
Early Years Disability Access
From April 2017 the Disability Access Fund IDAFI is new funding for early years provider5 to support children
with disabilities or special educational needs.
Pupll Premlum PEP
Extra fundin8 provided by the Government to help narrow the attainment gap between looked after children
and other children. Receipt of the Pupil Premium is dependent on submission of a high-quality Personal
Education Plan IPEPI
23

WILLENHALL COMMUNITY FORUM LIMITED
NOTES TO FINANCIAL STATEMENTS (continued)
31 March 2024
14
STATEMENT OF FUNDS Icontinuedl
High NeedsTop Up
Funding for provision identified in the education, health and care plan for children with special education
needs who need more support than is available through special education needs support.
SEN Inclusion Funding
Special Education Needs Inclusion Fund ISENIFI funding is government funding to help providers deliver early
intervention for children presenting with emerging or complex needs.
Willenhall Food Hub
Supporting people from Willen hall and Binley in financial hardship and food povertv.
Funding has been received frorn Feeding Coventry, Coventry City Council Household Support Fund and a
Tesco Community Grant.
Coventry City Council Recovery & Support
Grants received from the Community Support and Recovery Grant Scheme of £1,525 on behalf of the craft
group and £1,700 on behalf of the Bowling and Talking group. both based in the Hagord Community Space.
HAF Programme
Grant fullding through Coventry City Council to deliver the DFE'S Holiday Activities and Food Programme in
Coventry for children in receipt of benefits-related free school meals.
Summer Fun 2023 was based at the Hagard Community Space in July alld August 2023.
Thlnk Artive CSW Together Fund and
Think Attive CSW Women & Girls Grant
Grants received for community yO8a classes at the Hagard Community Space.
Perslmmon Community Champions
An award from Persimmon's Community Champions scheme to help local community groups based in the
Hagard Community Space.
Coventry General Charities
A grant received the purchase of a new cooker for the cafe in the Hagard Community Space.
Education and Ski115 funding
Apprenticeship funding received for apprentices employed in Eureka nursery.
24

WILLENHALL COMMUNITY FORUM LIMITED
NOTES TO FINANCIAL STATEMENTS (continued)
31 March 2024
L5
ANALYSIS OF GROUP NET
ASSETS BETWEEN FUNDS
Tanglble
fixed
assets
Net
Current
Assets
Tanglble
fixed
assets
Net
Current
Assets
Total
Total
2024
2024
2024
2023
2023
2023
Restrirted funds
2 yr old capacity grant
Early Years Pupil Premium
Early Years Di58bility Access
Willenhall Food Hub
Coventry City Council
Recovery & Support
Think ￿tive CSW Together
Fund
ThinkAttive CSW Wornen &
Gir15 Grant
11,769
11,769
19,616
19,616
12,340
1,600
11,748
12,340
1,600
11,748
15,122
15,122
321
321
641
641
2,000
2,000
3,548
3.548
11,769
18,991
30,760
19,616
28,329
47,945
Unre5trirted funds
30,316
462,884
493,200
18,314
452,519
470,833
42,085
481,875
523,960
37,930
480,848
518,778
16
COMMITMENTS UNDER OPERATING LEASES
At 31 March 2024, the group h85 Outstanding commitments for future minimum lease payments under non-
cancellable operating leases, which fall due as follows:
2024
2023
Within one year
Between two and five years
After more than five years
9,487
15,941
7.184
7,890
25,428
15,074
17
RELATED PARTY TRANSACTIONS
During the period l April 2023 to 3 Ortober 2023 Willenhall Community Forum Trading Limited rented
premises at an arm's length basis from Willenhall Association Trust at a cost of £6,86112023'. £14,655).
R M McAuley was a Trustee of both Willenhall Community Forum Limited and Willenhall Association Trust
during this period.
25