SANDWELL & DISTRICT WEST fNDIAN COMMUNTfY ASSOCIATION (A Company Limited by Guarantee) FINANCIAL STATEMENTS for the l 2 months to 30 September 2023 Comptty Numb¢r 3609502 Cbrlty Iyumber 1072523
.' SANDWELL & DISTRIcf WEST INDIAN com[UNTry ASSOCIATION (A Company Limlted by Guarantee) INDEX 30 September 2023 Pa8C INFORMATION DIRECTORS REPORT 2to4 STATEMENT OF FANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE FNANCtAL STATEMENTS 7t012 INDEPENDENT EXAMINERS REPORT 13
SANDWELL & DIST WEST INDIAN COMIUNITy ASSOCIATION (A Company Limited by Guar*ntee) INFORMATION &$ 4t 30 September 2023 DIRECTORS.. Mr N Davis ( Treasurer ) Mr Cecil Richards Mr Mark Cameron NURSERY MANAGER OFFICE/FfNANCE MANAGER Claire Badger Violet Coley REGISTERED OFFICE: 69 Beeches Road West Bromwich West Midlartds B70 6HQ COMPANY REGISTERED NUMBER.. 3609502 CHARITY REGISTERED NUMBER: 1072523 BANKERS., Lloyds Bank plc University of Binningh8m Branch Arial House 2138 Coverttry Rd Birmingham B26 3JW SOLICITORS: Pearce gaI 2 The Squa Solihull West Midlands B913SQ INDEPENDENT EXAMINER G.P. BrkeS FCA BS¢ Chartered Accountant 130 Wombourne Park Wombourne S Staffs WV5 OLY Page I
SANDWELL & DISTIUCT WEST INDIAN COMMUNrrY ASSOCIATION (A CompAlly Llmited by GU1¢) 311 September 2023 DIRECTORS REPORT Th¢ Directors pr¢5ent their report aud the fjnancial statements for the 12 Months ertd 30 September 2023 Structure Govern•nce and MAnagement Sandwell & District West Indian Cornmunity AssociatiOll5 a charitable company limiied by guarantee without having Share Capital. The board of directors usually me<t quart¢rly are reswnsible forthe uliimate strategic d¢¢i5ions having regard lo advic¢ from the Nursery Staff. TrusteelDlrector Induetfion And tralning New TrusteelDireciors are chosen by invitalion in order that th¢ charity may have representslion from a wide range of agencies. We match our skill requirements with knowledge and experience aDd where there ar¢ gaps we offer appropriate training. There are no specific polici¢s and pro¢ureS for induciion l training of direcwTS. However they are indu¢ted acwrding to individual r¢quirements. Copies of the Companys Mernorandum and Articles publications ore supplied. alon8 with the charLS poli¢e5 and procedures and copies of Tecent board meeting rninutes and th¢ latest Ofyted Report. Individual Trslee$ rol and Tesponsibilities are ne8Otiated with all the trust¢e$ 50 that their roles complement each other. ObJectlv¢$ and A¢llvStles The principal activity of the Company [ent$ to be th¢ advancem¢ni of the Community Provision in the 8r¢a of Sandwell with the provision of faciliii¢5 for the daily cart, re¢realion and education of children under the age of 8 whose parents or guardians are resident in and around th¢ Sandwell ore Achlevements And Performsttee During the y¢4r the nursery the staff and management team who worked tO8eth¢r to ensure that SADWICA maintained consistently high standard of Care that goes above and Wond the minimum requir¢ments of the EYFS. This resulted in another'Good' Raiing from Ofsted when the nursery was inspe¢ted in Februw 2020. o Bem an approved Sandwell HAF (Holiday A¢tivities & Food) provider. This funding enabled us to deliver free holiday playscheme places to 16 children per day (aged 4-7yTS) over the Ear & Summer holiday$. Next y¢ar we plan to increLse the numbers to 23 & look to exi¢nd this free provision io ¢over the 3 ha]f terni holidays. Wds held in August 2023 and will now be a regular even¢ oAn Open Day o Sponsored Walk held at Dudley Zoo & C&8tle rnised over £3(K) o Maintained staffin8 ieam and trained 3 Childcare apprentices. o As ai 30109123 o¢cupan¢y leve15 were at 46V• and in¢rea5ing steadily. This rate of occupancy 1$ norn)al for this tirne of the year a5 a signifi¢ant number of children will have re¢enily left to start school. o Mainthined our 515 RAtin8 from Environm¢ntsl Health (Sept 2022) The nursery is comprehensively resourced with the most up to date educational resourc and statThave reiVed the most up io date training provided by th¢ local Earty Years & Childcate Unii. 2 5tsff are ¢urrently studying for their Level 3 Diploma for Early Years Senior Managers and Nursery & Deputy Managers have wmpleted th¢ DFe Experts and Mentors Programme to develop best practice in the nursery. SIng identified on increase in children requiring speech and lan8ua8e 511pwirL The W¢llwme Screening helps us to Screen their speech and language skills and operates on a trdific It8ht system. Green- No Intervention. Atnber- provide extr& suppory Red- Consider ref¢rral to Speech & Language Therapy. S of children identified as needing additional support made iroprovem¢nt and moved from either R¢d to Amber or Amber to Green. Childr¢n with more Complex medical or behavioural needs ¢an get support through the Early Intervention Grant that provid¢ up to 15hrs a week of I to I suppon. Out of ihe 4 children we applied for, 2 cbildren are currentty in receipt of the GnI Page 2
SANDWELL & DISTRI WEST INDIAN C0MUNITy ASSOCtATION {A Company Limited by GuArnt¢¢) 30 September 2023 DIRECTORS REPORT Future Plans The organi5ation will contiaue to undertake the necessary ongoing resinthing to en5ur¢ a more effe¢tive childcar¢ provision. This resulted in the nursery maintaining its Ofsted rating of GOOD when it was inspected in February 2020. This ratin8 Is essential for Sadwtca in light of growing local comNition in the local child¢are market. The organisalion will ntinue to strengthen the Management Committee thmugh newly apinted T, Parenl Reps and the appointhient of a new cotnpany s¢etAry. W¢ also continue to pmvide the monitoring rewrts ¢0 Sandwell Council as part of our SLA. Funding from Sandwell Council will end in March 2025 so th¢ main objective 15 to plug that gap in funding. Management ar¢ constantly &sse55ing rA)t¢ntiai funders to ¢nsure we fit their lteria and funding bids are regularly being sent OUL We are working to Ulate our online profil¢ and use social media to best promote ow range ofchild¢are services. With the success of our HAF (Holiday Activities & F(} provision. we will be lookin8 to secur¢ funding to extend thLS provision io cover the 3 ha]f terni holidays. Funding has been soughi to open on sUrdAys with a morning and afiernon cr#he. with online and in person training courses and a walking group tskinB place for parents. Most Family Hubs are planning to open on the firsl Saturday of each month. however the one on Beeches Rd will not be OF¢ning. It is also hoped that with the gradual exp8nsion of the free ¢hildwe entitlement for working p8r¢nt$. we will be able to attract sutYici¢n¢ numbers to enable the nursery io bec4)me self financin& which has always been the aim of the organisation. Slgnifieant contrlbutlonj of volunteen Our volunteer b¢. is flourishing and local pw)ple aTr again reapiftg the benefits of In-hou trnining. We are seeing th¢ benefits of spending more tim¢ involvin8 volunieers at a committed level. Volunteers gain¢d valuable experience in the are&8 of child¢are. foc41 preparatioo Business Admin and mainfenan¢¢. Being able to provide valuable experience to volunteers not just in the field of childwe is som¢thin8 we hope to continu¢ at this level. We have train 3 appr¢nli¢e5 and employed l on a pernianent basis onc¢ they compleled their placemenL We have 8150 w0ed closely wilh local o0]S and colle8es to provide I I students With both short and long lerni work pleMents for thr)se inl¢resled in childcare as o ¢areer. FlnD¢IAI Rtvlew This year's r¢ported perio¢ is rel1velY comparable with th¢ previous 12 months puounts. Despite careful financial mgnagement a relatively smail deficit of £8.670 h&s resulted (Cp £6.321 deficit fbr 2022). With lower lake up of nursery places resulting in lower fee5 and despite stwarti wages al salaries levels a deficit and even with reduced overheads 8noiher annual loss could not be avoided . The early years 5UPPOrt progrdmme enabled management to anticipate better the l¢v¢ls of income and ther¢for¢ staff retention and r¢laled costs required however this did not, d&8pile every efforL traSlate into net profitability. Yet agairt it is hoped that this provu that early year5 funding levels and swutory grants are not yet s¢t at a vital manageable full cost recovery b&sis for the day to day costs of this community provision. Di[tOrS and management input hL8 been hampered in eff¢¢tiveness over many years with significant amounts of time need¢d io seek additional exfrrnaj in¢ome to supplement ihis virtually unworkable balance of fe¢ and grani inwme Streams needed for the required gulatOry costs of staff. dirext costs and ovetheats to ensure the medium and long t¢rni fubjre of this, what 1$ an absolutely invaluable local community facility. Dire¢tOTY The Directors set out on rqge I have held otTic¢ for the whole ofthe year to 30 SeptemF*r 2023 to the date of this report unles5 otherwise ststed. Page 3
SANDWELL & DISTRICT WEST INDIAN COmMuNf ASSOCIATION (A Company Limited by Guarnntee) 30 September 2023 DIRECTORS REPORT (¢ondnued) Reserves Polity Currently the ¢ompany's reserves represent restricted ¢4Pltal funds received from various funders in previous periods. Ideally the directors wnsider the following to be a basis for a eash backed designated reserye of £20,000 that should be set on one side for a possible windin8 up contingency fund. Costs include senior staff redundancy (estimated at 3 months) £7,000, non senior staff redurtdan (I month) £9,000, overheads (approxim&t¢ly I month) £4,0(KJ. Sadwica has not reached a trading or 8rnnt negotiating position to be able to build in a suifici¢nt level of surplus within its income stream and to achieve this goal. Risk Management is an on 8oin8 matter reassessed at tru$te¢$ meetings. It is considerd that the main risks are related to current local market wnditions and the rc5ultin8 reduced oc¢upancy levels together with the 8eneral shortfall of 8rants to underpin a community provision like this in an economically deprived ar¢&. Directors Rejponsibilitles Company Law required the Dir¢¢tors to prepare financial statements for ea¢h financial peri¢)d which give a true and fair view of th¢ state of the Company as at the end of th¢ financial period and of the income and expenditur¢ of the Company for the year ended on that date. In preparin8 those financial statements, Suitsble accounting poli¢ie5 have been used. obscrved the methods and principles within the Charilies SORP 2019 (FRS 102) 8nd to th¢ Ixst of the Directors knowled8e and belief. by reference to reasonable and prudent judgments and estimates and applied consistently. The Directors are also requir¢d to indicate wher¢ the financial statem¢nts prepared on the basis that the Company is a going concern . The Director5 are responsible for cnsuring that arrang¢rnents are made for keeping proper books of account with respect to the Company's transactions and its assets and liabilities and for maintaining satisfactory system of control over th¢ Company's book% of a¢count and tr8nsactions. The Directors are also responsible for ensuring thal arrangements are made to safeguard the Sets of the Company and h¢n¢¢ for taking r¢8sonable steps for the pr¢v¢ntion and detection of fraud and other irregularities. Approved by the Directors on on its behalf by June 2024 Director ( PRJNT NAME). Page 4
SANDWELL & DISTRICT WEST INDIAN COMMUNITY ASSOCIATION (A Company Limited by Guarantse) Statement of Financial Activities { includes summary of intome and eIpenditure) For the year ellded 30 September 2023 Unrestricted Funds Restricted Funds 2023 Total Funds 2023 Tot41 Funds 2022 Notes year year year year Income Charitable A¢tivitie8 Community Day Nursery Local Authority SLA Nursery fees Holiday and events funding Early Inlcrvention grant Govt CV19 Furlough Support Grants Donations 45227 45.227 165,096 9,916 3231 45,225 189,956 165.096 9.916 3.231 2,817 3,500 241,498 720 165,816 3,700 62,074 4,420 227,890 Investment in¢ome Bank Inteffst Total Income 165,816 62,074 227,890 241.498 Expenditure Charitable Activltles Community Day Nursery 174.486 62,074 236.560 247,819 Total Expenditure 174,486 62,074 236,560 247,819 Net income (8,670) Reconciliation of fundj Total funds brouBht forward (3,545) 112,996 109.451 115,772 Total funds carried forward (12.215) 112,996 100,78 109,451 This charitable Companys income and expenditure all relate to continuing opcrdtions. Page 5
. SANDWELL & DISTRICT WEST I1IAN COMMUNrrY (A Compgtty Limlted by Cu8r4nttt) number 3609502 BALANCE SHEET AS AT 30 September 2023 Notes 2023 2022 FIXED ASSETS Tangible Assets 115.582 116,052 115,582 116.052 CURRENT ASSETS Debtors Bank & Cash Total 4.250 487 4,737 3,953 446 4.399 Crediton .' Amounts fallin8 due Within On¢ year 19,538 11,000 NET CURREwf ASSETS (14,801) (6.601) ET ASSETS 100.781 109,451 Funds Restrl¢ted Funds C&pit&l funds 112,996 112,996 Unrestriet¢d Funds (12,215) (3,545) TOTAL 100,781 109.451 The company was entitled to exemption from audit under $477 of the Companies Act 2006 relating to small ¢ompanies. The members have not required the Company to obtsin an audit in a¢cordance with section 476 of the Companies Act 2006. Th¢ directors acknowledge their responsibilities for wmplying with th¢ r¢quirements of the Companie5 Act with respect to accounting re¢ords and the preparation of ac£ounts. Those accounts have been prepared in accordance with the provisions applicable to small ¢ompanies subject to the small comp1¢5 regime and in aordanCe with FRS102 and Charities SORP. Signed an proved on the half of the Board on June 2024 ByNam¢..,.. Pag¢ 6
SANDWELL & DISTRICT WEST INDIAN COMMUNITY ASSOCIATtON (A Company Llmited by Guarantee) Notes to the Accoun¢s For the year ended 30 Sep¢ember 2023 (l) Accounilng Policies 8) Basis of ac¢ounting The charity constilulcs a public benefit entity &s defined by FRS102. The financial statements have been prepared in aetordan¢e with Acwunting and Rep)rting by Charities: Ststement of Recommended Pracli¢e {SORP) applicable to charities preparing their accounts in a¢cord8nce wilh the Financial Reportin8 Standard applicable in the UK and Republic of Ireland (FRS102) second edition published October 2019, the Charities Act 2011 the Companies Act 2006 and UK Generally Accepted Practice. The financial Slalements have been prepared on a going concern basis under th¢ historical cost Convention modified to include certain items at fair value. The financial slalements ¢ prepared in sterling which is h¢ fvn¢tional currency of the charity b) Preparatiott of the accounts on a going concern basls Based on th¢ anticipated Government early years programme the dire¢tors consider that the company is still a 80ing ¢oncern. c) Income rvognltloll poli¢ies Jtems of income are recognised and includrAI in the accounts when all of the followin8 criteria are m¢t.' the charity has entiil¢ment to th¢ funds; any perfornwice conditions attached to the items of incom¢ have been m¢t or are fully within the control of th¢ Charity; there is $utTicient certainty that receipt of the income 1$ ¢onsidered probable. and the amount Can be measured reliably. d) Interest reeeivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity: this is nomially upon notification of the interest paid or payabl¢ by the bank. (e) Eipendlture Llablllilej Liabllity reco2ni¢lon Liabililies are recOlSed as soon as there is a legal or Qonstructive obli8ation committin8 the cbarity to pay out resources. Governance Sts Include costs of the preparation and examination of statutory accoun any wsts of trust¢¢ meetings and ost of any legal advice to trustees on governance or constitutional matters. Support Costs Support costs include ntral functions and have been allo¢ated to activity ¢ost categories on a basis consistent with the u3e of resource5. page 7
SANDWELL & DISTRicf WEST INDIAN COMMUNITY ASSOCIATION (A Company Limited by Guorante¢} Notes to the ac¢ouDts For the year ended 30 September 2023 (l) Accounting Policies ( eontd) g) Fund aceollnilng Unrestricted funds ar¢ available to spend on activities that fijrther any of the purpose5 of the Charity. tksignat¢d funds are unrestricted fund5 of the chartty which th¢ directors have decided at th¢ir discretion to set &side to use for a sp¢cific puryM)se. Restricted funds are donations whi¢h the donor has specified ar¢ to Ix solely used for particular areas of th¢ charity's work. b) Expenditure and irreeovergble VAT Expenditure is recognised once there is a legal or wnslructive obligation to make a payment to a third paty, At is probable that settlement will be required and the amount of the obligation can b¢ measured reliably. Irrecovernble VAT is charged as a cost against the activity for which the expenditure was in¢urred. l) Alloeatlon of gupport cojts All support costs have been divided betw¢¢n direct charitable expenditure and other ¢xpenditure. Within th¢s¢ th¢rc is a further analysis of functional supporL fundrnisin& publicity and governance costs. The costs incurred by any partieul8r activity (proiecL team or administrative dep4rtm¢nt) have been 8llo¢aid according to the nature. charitable or otherwise. of thal activity. J) GovernAnee Cwts These include costs of the preparntion and examination of statutory aunty the costs of tru$iee meetings and cosi of any legal advice to trust¢¢s on governance or constitutional matters. k) Tgngible Fixed Assets Individual fixed assets costing £l.000 or more are capitaliscd at cost and are depreciated over their estimated useful ¢wnomic lives on a straight line basis as follows: EquipmenL fixtures and fittings Depreciation rate 2/* per annum Straight line Nursery Refurbishm¢nt Depreciation rate per annum Straight lirt¢ l) Crediton and provisionj Cr¢ditors and provisions are reco8nised at their 5ettlem¢nt amount where the ¢harity has a present obligation resuliin8 from a past event that will probably result in the transfer of fimds to a third paty and th¢ amount due to settle the obligation can be measur¢d or ¢stimated reliably. 2023 2022 2 Governance Independent Examiners Fees Bank Charges Other Professional Costs (l¢ss excess &c¢nlS) Total Expenditure 3.200 143 275 3,618 3,000 117 3,117 Pag¢ 8
SANDWELL & DISTIUCT WEST INDIAN COMMUNITY ASSOCIATION (A Company Limited by Guarantee) Notes to the accounts eont'd For the yegr ended 30 September 2023 2023 2022 3. Dlreet tharitable expenditure 34 Nurgery Costs Salaries & Wages Nursery direct eipellditure: Food & Watsr Coolcr Repairs and Maintenance Cl¢anin8 & Hygien¢ Telephone & Postage Heat & Light Printing & Stationery Governanc¢ Costs Insuran Events/ActivitieslOuiing8 Toys & Resources HR support Sundry Exps Training Rates and waler costs Sundry Transport Advertisin8 Financ¢ Services Deprwiation IT Systems Re8ulatory costs 190.305 196,710 lo.om 2,301 5,305 6,227 5.322 2,224 3.618 1.859 2,090 686 1.800 770 896 581 240 682 480 470 440 220 12,780 3,2lO 5,556 5,643 3,819 2.682 3.117 2,826 1.068 2.790 1,950 714 1,335 724 250 1.180 510 470 265 220 46,255 236,560 51,109 247,819 Total Expendlture 2023 2022 4. Y4e¢ movement ill funds for the year The net movemeni In funds for the perlod is stated after charging: Depreciation of tangible assets Statutory Ac¢ounts Processing and PrEpaTation and Independent Examination 470 470 321)0 3,(KlO Page 9
SANDWELL & DISTRICT WEST INDIAN COMMUNITY ASSOCIATION (A Company Llmited by Cur8ntee) ' Notes to the accounts coDI'd For the year ended 30 September 2023 S. Stsff Cos1$ and Ryf's No remuneration or expenses were paid to the trnstees in the period Salary Costs Social Security Costs (after Employ¢rs NHI £5K allowance) Ers Pension costs 2023 2022 182.790 4.592 2,923 190,305 187,184 6,506 3,020 196,710 The averuge weekly number of stsff ernployed by the charity during th¢ period was as follows.. No employee received more than £60,000 in emoluments 14 14 6. TAnglble ftxed a&8ets for use by tbe Chrity 2023 2022 Flxt•rt¥ Fltthy FTtoh•ld E4•lp N4ntry Total Total Cost at l October 2022 Cost 8s al 30 September 2023 59.523 59.523 112.994 112.994 274.348 274.348 442,165 446,865 442.165 446.865 Depreciation as at l October 2022 Charge for the period Depreciation ai 30 September 2023 59.522 271.291 470 271,761 330,813 470 331.283 330,343 470 330,813 59.522 Net book Value at 30 September 2023 112.994 2,587 115.582 116,052 2023 7. Debtors Trade D¢biors Prepayments 2022 3.200 1,050 4,250 3.141 812 3.953 8. Bank and Cxsb Bank Accounts 446 446 446 446 9. Credliorj ( Amounts falling due witbiD one year) Accruals Etnployee's Short temi loan PA YE due 4,080 3.050 12,408 19,538 3,000 11.000 Page 10
SANDWELL & DISTRICT WEST INDIAN COMMUNITY ASSOCIATION (A Company Limlted by Guarantet) Notes to the accounts cont'd For the year ended 30 Septembtr 2023 10. Taxation The company is a registered charity and in the opinion of the direLtors no liability lo tax arises in respect of the period 11. Fund Baian¢es Ruirlete41 Funds Unrestrieted Funds Totsl Fund Funds Blforward as at l Octob¢r 2022 Loss for the period Surplus dforward as at 30 September 2023 112,996 (3,545) 8,670 {12,215 109,451 8,670 100.781 112.996 Rtstricted Fullds Unrestritted Fund$ ADalysls of Nel knets by Fund Totsl Funds Fixed Assets Net Currcnt Assets Nel Assets 112.996 112,996 12.215 100.781 12.215 12.215 112.996 12. Golng Coneern Higher levels of overdraft are nol available b85ed on the sKurity of the freehold premises which were fund¢d almost cxclusively from the Community Fund (now called the Bi8 Lott¢ry). At the time of reporting the chartty hu recovered to maintain day to day viability. However the on goin8 viability still remains precarious in ¢h¢ current eeonomic Climate and producing a surplus lo service working capital is still a chatlenge. The directors ontinue to take Stsps and make various ditTicult d#isions to attempt lo keep the project afloat. It is planned thal the forth¢ominB periods will continue to produce SUTpluses to restore overall financial viability. 13 Commitment IlDder oper•tlDg k*sQS Sadwi¢a has annual commitments under non l¢¢11able leases: 2023 Equipment 2022 Equlpment Operating Iwe paents are as follows: Within ono year In one to two years In two to five years 5.000 5.000 5,000 10.(y)o The service Contract payments are for phone equipment and system Pag¢ll
SANDWELL & DISTiucf WEST INDIAN COMMUNITY ASSOCIATION (A Comp#ny Limlted by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES For the year ended 30 September 2023 13 Previous years detailed funds CompArtive SOFA Statement ofFinaneial Activities ( Includ summary of income And expendilure) For the year ended 30 Septemb¢r 2022 Unrestricted Funds 2022 Restricted Funds 2022 Total Funds 2022 Note8 year Income year yeAr Charltable Aetivitiej Communlty Day Nursery Local Authority SLA Nursery fees Govt CVI 9 Furlough Support Grants Donations 45,225 45.225 189.956 2,817 3,500 241.498 189,956 2.817 3,000 195.773 500 45.725 Investment income Bank Interest Total Inrouie 195.773 45.725 241.498 Expendlture Charltble Aetlvlties Community Day Nursery 202.094 45,725 247,819 Total Expendlture 202.094 45.725 247 819 Net Income 6,321 (6.321 R¢¢oneiliatlon or runds Total funds brought forward 2,776 112.996 115,772 Total funds caryied forward (3.545) 112.996 109.451 Page 12
SANDWELL & DISTRICT WEST INDIAN COMMUNITY ASSOCIATION For the ye*r ended 30 S¢plember 2023 Independent Examiners Report to the Trustees of SANDWELL & DISTRICT WEST INDIAN COMMUNITY ASSOCIATION I report to th¢ charity trustees on my examination ofthe accounts of the company for the year ended 30 September 2023 which is set out on pages 5 to 12. Responsibilllles andbosls ofreport As the charity trustees of the company (who are treated as direaors for the purposes of the company law) you are responsible for the preparation of the accounts in accordance wAth the requirements of the Companies Act 2006 { 'The 2(K)6 Act, ) Having satisfied myself that the accounts of the company are not required under Part 16 of the 2006 Aci and are eligible for independent examination , I report in resp¢ of my ex2minaiion of your company's a¢counts as carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act Independen¢ Examiner's Sialemenl I have completed my examination . I confinn that no mat¢ers have come to my attention in COMtIon with the examination 8ivin8 me Cause io believe that in any material respect . (i) accounlin8 records were not kept in of the company as required by sxtion 386 of th¢ 2006 Acl or th¢ accounts do not accord with those records. or the accounts do noi comply with the accounting requirements of section 396 of the 2006 Act other Ihan any requirement that he a¢unts give a Irue and fair view, which is not a matter ¢onsidered as part of an independent examinalion 'or Ihe accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Prnrtice for aCUting and reporting by chariiies applicable to charities preparing their accoLmts in accordance with the Financial Reporting Standard applicable in the l JK and Republi¢ of Ireland ( FRS102). (2) (3) (4) I have no concerns 2nd have come across no other matters in conneciion with th¢ examination lo which attention should be drawi) in this report in order lo enable a proper understandin8 of the &cunIS to be rhed. Signed Z.: ./,/-..).... .¥[.... Date . June 2024 Gary Peter Brookes Fellow of The Institute of Chartered Accountsnts of England and Wales 130 Wombourne Park Wombourne South Staffs WV5 OLY PA8e 13