COMPANY REGISTRATION NUMBER 3169562 CHARITY NUMBER 1074861 SMALL HEATH COMMUNITY FORUM LIMITED COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS 31 MARCH 2024
SMALL HEATH COMMUNITY FORUM LIMITED COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 CONTENTS PAGE Members of the Board and professional advisers Trustees Annual Report Independent examinerfs report lo the members Slalement of financial activities lincorporaling the income and expenditure account) Balance sheel Notes to the financial statements
Page 1 SMALL HEATH COMMUNITY FORUM LIMITED COMPANY LIMITED BY GUARANTEE MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS Registered charity name Small Heath Community Forum Limited Charity number 1074861 Company reglstratlon number 3169562 Principal office Khidmat Centre 2A Heather Road Small Heath Birmingham B10 9TA Registered office Khidmal Centre 2A Heather Road Small Heath Birmingham B10 9TA Trust88s Mr Asif Mr Jamil Mr Greaves Secretary Kenneth Greavas Indopandont axamlnar Mr Asad Hussain IAAIA. ACCA) JHK Accounlanls Aquinas House 63 Warslone Lane Birmingham B18 6NG Bankers Barclays Bank PIC 534 Coventry Road Small H8alh Birmingham B10 OUP
Page 2 SMALL HEATH COMMUNITY FORUM LIMITED COMPANY LIMITED BY GUARANTEE TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2024 The trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 March 2024. REFERENCE AND ADMINISTRATIVE DETAILS Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 1 of the financial s181emenls. THE TRUSTEES The Iruslees who seNed the company during the period were as follows: Mr Asif Mr Greaves Mr Jamil STRUCTURE, GOVERNANCE AND MANAGEMENT Small Heath Community Forum Liniiled ISHCFI is a charitable company and an Umbrella Body that operates as a Development Agency and is involved in empowering the local community. The company maintains an Executive Role, representing the views and concerns of the local residents and voluntary organisalions. The company was incorporated as a limited company on 8 M8rch 1996 and is governed by a Memorandum of Articles and Association. There are three officers of the trust who serve the charlty and their re-elecllon Is confirmed every year. OBJECTIVES AND ACTIVITIES Small Heath Community Forum Limited ISHCFI has a primary function of being development agency that supports the sustainability and improves the capacity of local third sector organisations within Small Heath and surrounding areas within city of Bimiingham. SHCF uses Ihe knowledge, experience and links that il has built up over the years lo support ils ability lo act as a representative organisations of the views and opinions of the community in areas such as Health, Social Care, Safeguarding and Education, with those service providers wlhin the city council and the National Health Service that are keen lo h8ar the views and opinions if those that they provide and design seNices for. Using the extensive experienc£ base of our organisalion and the professional specialism's that our employees bring lo SHCF, we are working towards being able lo commission services directly for the needs of the local community and to provide services as a body commissioned by the Local Authority and Health Service. We have referred lo the guidance contained in the Charity Commission's general guldance on public benefit when reviewing our aims and objectives and in planning our future aclivilies. ACHIEVEMENTS AND PERFORMANCE SHCF has seen a historical growth in ils own capacity and capability, having purchased the former Chrisladelphian Church building al the corner of Heather Road and Coventry Road in Small Heath in 2002, investing a significant amount on the refurbishment and development of the building as a community hub, culminating in the renaming of the building as the Khidmat Cenlre. This multipurpose facility provides office space for seNice providers, community organisations, advice and information as well as providing meeting and conference facilities. This year significant building work was undertaken in order to create an additional slorey al Khidmal Centre. This project was largely funded by a loan from c)ur bankers 88rclays. The project wll generate additional revenue from next year. our aims and objectives are driven by the needs, aspirations and desires of the Community we serve. In accordance with ils charitable slalus SHCF seeks to improve the quality of life of people of all nationalities and cultures living in the Small Heath and surrounding areas of Bimiingham. FINANCIAL REVIEW During the year the charity received lolal income of £225,778 (2023.. £204,676). After incurring total expenditure of £164,19312023.. £211,306) a surplus of £61,58512023'. deficit £6,630) was made and which is carried forward to the following year.
Page 3 SMALL HEATH COMMUNITY FORUM LIMITED COMPANY LIMITED BY GUARANTEE TRUSTEES ANNUAL REPORT (¢ondnued) YEAR ENDED 31 MARCH 2024 RESPONSIBILITIES OF THE TRUSTEES The trustees (who are also the directors of Small Heath Community Forum Limited for the PUTposes of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations. Company law requires the Iruslees to prepare financial ststemenls for each financial year. Under that law the trustees have elected lo prepare Ihe financial statements in accordance wlh United Kingdom Generally Accepted Accounting Practice {Unit8d Kingdom AoUntIng Standards and applicable lawl. Under company law the trustees musl not approve the financial slalemenls unless they are satisfied that they give a true and fair view of the slate of affairs of the charitable company and the income and 8XP8nditure of the charitable company for that period. In preparing lhasa financial stst8ments, the Iruslees are required to.. select suitsble accounting policies and then apply them consistently.. observe the methods and principles In the Charilles SORP.. make judgements and accounting estimates that are reasonable and prudent., slate whether applicable UK Accounting Standards have been followed. sublecl lo any material departures disclosed and explained in the financial stalemenls.. prepare the financial statements on the going concern basis unless it is in8ppropri8te lo presume that the charitable company will continue in operation. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy al any lime the financial position of the charitable company and enable them to ensure that the financial slalemenls comply with the Companies Act 2006. They are also responsible for saf8guarding th8 assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Registered offiee., Khidmal Centre 2A Heather Road Small Heath Birmingham 810 9TA Signed by order of the Iruslees KENNETH GREAVES Company Secretary 2B September 2024
Pag¢ 4 SMALL HEATH COMMUNITY FORUM LIMITED COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF SMALL HEATH COMMUNITY FORUM LIMITED YEAR ENDED 31 MARCH 2024 I report on the accounts of the charity for the year ended 31 March 2024 set out on p8ge$ 5 to 10. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND INDEPENDENT EXAMINER The charil¥s Iruslees (who are also the directors of Small Heath Community Fc)rum Limited for the purF)oses of company lawl are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 14412} of the Charities Act 2011 Ilhe 2011 Acll and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, il is my responsibility lo.. examine the accounts lunder section 145 of the 2011 Act., to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145151{bl of the 2011 Act. and to slate whether particular matters have come lo my attention. BASIS OF INDEPENDENT EXAMINER'S STATEMENT My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Iruslees concerning any such matters. The procedures undertakan do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on whether the accounts presenl a 'true and fair vie. INDEPENDENT EXAMINER'S STATEMENT In connection with my examination, no matter has come to my allenlion.. 111 which gives me asonable cause lo believe that in any material respect the Irus16es have not mel the requirements lo ensure that.. proper accounting records are kept lin 8ccordan¢e with section 386 of the Companies Act 2006}: and accounts are prepared which agree with the accounting records, comply wlh the accounting requirements of secllon 396 of the Companies Act 2006 and with the methods and principles of the Slalemenl of Recommended Practic6'. Accounting and Reporting by Charities,. or 121 lo which, in my opinion, attention should be drawn in order lo enable a proper understanding of the accounts lo be reached. Mr Asad Hussain IAAIA, ACCAI Independent examiner JHK AccL)unlanls Aquinas House 63 Warslone Lane Birmingham B18 6NG 28 September 2024
Page 5 SMALL HEATH COMMUNITY FORUM LIMITED COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2024 Unrestricted Funds Restricted Funds Total Funds 2024 Total Funds 2023 Note INCOMING RESOURCES Incoming resources from generating funds.. Voluntary income Investment income 210,438 210,438 15,340 186,121 18.555 15,340 TOTAL INCOMING RESOURCES 15.340 210,438 225,778 204,676 RESOURCES EXPENDED Costs of generating funds.. Costs of generating voluntary income Rates Governance costs 116,0111 {S61 (3,7301 119.7971 {144,284) (1121 1160.295J' {1681 (3,730) 1164.193> 1208.0621 14921 12,7521 1211.3061 TOTAL RESOURCES EXPENDED 1144,3961 NET INCOMING RESOURCES FOR THE YEARINET INCOME FOR THE YEAR RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 14,457) 66,042 61.585 16.6301 209,173 68,352 277.525 284,155 204,716 134,394 339,110 277,525 The Slal8m8nt of Financial Activities includes all gains and losses in the year and therefore a slalemenl of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities. The notes on pages 7 to 10 fomi part of these financial statements.
Page 6 SMALL HEATH COMMUNITY FORUM LIMITED COMPANY LIMITED BY GUARANTEE BALANCE SHEET 31 MARCH 2024 2024 2023 Note FIXED ASSETS Tangible assets 250,689 251,524 CURRENT ASSETS Debtors Cash at bank 1.368 136.164 1,368 77,033 137.532 110,802) 78,401 {12,4131 CREDITORS: Amounts falling due within one year NET CURRENT ASSETS 126,730 65,988 TOTAL ASSETS LESS CURRENT LIABILITIES 377,419 317,512 CREDITORS: Amounts falllng due after more than one year 10 138,309) 139,987} NET ASSETS 339.110 277,525 FUNDS Restricted income funds Unrestricted income funds 11 12 134,394 204,716 68,352 209,173 TOTAL FUNDS 339,110 277,525 The trustees are satisfied that the company is enlilled lo exemption from the provisions of the Companies Act 2006 Ilhe A¢ll relating lo the audit of the financial slalements for the year by virtue of section 477. and that no member or members have requested an audit pursuant lo section 476 of the Act. The Iruslees acknowledge their responsibilities for.. ensuring that the company keeps adequate accounting records which comply with section 386 of the Act. and (li) pparIng financial slalemenls which give a true and fair view of the slate of affairs of the company as al the end of the financial year and of ils profil or loss for the financial year in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Act relating lo financial slalemenls, so far as applicable to the company. These accounts have been prepared in accordance with provisions applicable to companies subject to small companies, regime. These financial statements were approved by the members of the committee on the 28 September 2024 and are signed on their behalf by.. MR Muhammad Asif (Director) Company Registration Number.. 3169562 The notes on pages 7 to 10 fomi part of these financial statements.
Page 7 SMALL HEATH COMMUNITY FORUM LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basis of accounting The financial statements have been prepared in accordan¢e with Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102- Effective 1 January 20151- (Charities SORP (FRS 1021), the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and Companies Act 2006. Incomlng resources All incoming resources ar8 included in the statement of financial activities when the charity is enlilled lo the income and the amount can be quantified wlh reasonable accuracy. The following specrfic policies are applied to particular categories of income.. Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where enlillement is not conditional on the delivery of a specific perfomiance by the charity are recognised when the charity becomes unconditionally enlilled to th& grant. Donated services and facilities are included al the valu8 to the charity where this can be quantified. The value of seNices provided by volunteers has been included. Gifts donated for resale are included as incoming resources within activities for generating funds when Ihey are sold. Grants, including grants for the purchased of fixad assets, are recognised in fvll in the statement of financial a¢livilies in the year which they are receivable. Incom8 from investment IS accounted for on accru81 basis. Resources oxpended Expenditure is recognised on an accrual basis as a liability in incurred. ExpendilLJre includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Costs of generating funds comprlse the cost associated with attracting voluntsry income and the cost of trading for fundraising purposes. Charitable expenditure comprises those costs incurred by the charity in the delivery of its 8Ctivilies and services for its beneficiaries. 11 includes both costs that can be allocated directly lo such activities and those costs of an indirect nature necessary lo support them. Flxed assets All fixed assets are initially recorded al e£ssI. Depreciation is provided al rates calculated to write off the cost less residual value of each asset over its expected useful life Land and buildings Fixture, fittings and equipment Siraighl line at 10/0 per year 25 /0 reducing balanca
SMALL HEATH COMMUNITY FORUM LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 VOLUNTARY INCOME Restrlcted Funds Total Funds 2024 Total Funds 2023 Grants recolvable Prevention and Communilles 164,005 1,410 11.673 13.072 4,828 15,450 164,005 1,410 11,673 13,072 4,828 15,450 141,742 24,219 ACP-FC ACP-ESF StreetGames Oth8r Grants Birmingham Community Action Nerk Polic£ & Cnme Commission Grant Community Development Foundation 20,160 210,438 210,438 186,121 INVESTMENT INCOME Unrestrlcted Funds Total Funds 2024 Total Funds 2023 Income from UK investm8nl properties Bank interest receivable 14,996 344 14,996 344 18,412 143 15.340 15,340 18,555
Page 8 SMALL HEATH COMMUNITY FORUM LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 COSTS OF GENERATING VOLUNTARY INCOME Unrestricted Funds Restricted Total Funds Funds 2024 Total Funds 2023 Water rates Professional fees Website Accountancy fees Motor and travel expenses Insurance Repairs and maintenance Light and h8al Equipment hire Wages and salari8S Telephone Depreciation Refreshments Postage and slalionery IT consumables Sundry Subscriptions Pensions Local community grants 145 292 1.485 418 640 156 1,151 3,175 3.429 437 1,485 418 800 156 1,439 3,175 5,143 427 35 786 950 160 288 1.203 6,049 4,538 4,066 69,538 2,991 4,288 1,464 573 1,371 2,122 3,122 341 104,198 1,714 8.127 787 4,435 59.120 3,150 67,247 3,937 4,435 699 332 81 1,918 699 332 81 1,563 184 235 68,174 355 235 68,174 16,011 144,284 160,295 208,062 GOVERNANCE COSTS Unrestrlcted Total Funds Funds 2024 Total Funds 2023 Bank inleresl paid 8ank charges 3,592 138 3,592 138 2,560 192 3,730 3,730 2,752 STAFF COSTS AND EMOLUMENTS Total staff costs were as follows: 2024 2023 Wages and salaries Social security costs 67.450 69.538 67,450 69,538 Partlculars of employees: The average number of employees during the year, calculated on the basis of full-time equivalents. was as follows.. 2024 2023 No employee received remuneration of more than £60,000 during the year12023 - Nill.
Page 9 SMALL HEATH COMMUNITY FORUM LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 TANGIBLE FIXED ASSETS Flxtures Fittings & Equlpment Freehold property Total COST At 31 March 2024 307,647 111,156 418,803 DEPRECIATION Al 1 April 2023 Charge for the year At 31 March 2024 59,508 3,076 104.171 1,359 163,679 4,435 62,584 105,530 168,114 NET BOOK VALUE At 31 March 2024 245,063 5,626 250,689 At 31 March 2023 248,139 3,385 251,524 DEBTORS 2024 2023 Trade debtors Prepayments 488 880 488 880 1,368 1,368 CREDITORS: Amounts falllng due wlthln one year 2024 2023 Bank loans and overdrafts Trade creditors PAYE and soci81 Security Accrualslwages payable 4,951 590 11941 5,455 4,560 583 7,270 10,802 12,412 10. CREDITORS: Amount8 falllng due after more than one year 2024 2023 Bank loans and overdrafts 38.309 39,987 11. RESTRICTED INCOME FUNDS Balance at 1 Apr 2023 Incomlng rg$ources Outgolng resources Balance at 31 Mar 2024 Restricted Fund 68,352 210,438 {144,396} 134,394 12. UNRESTRICTED INCOME FUNDS Balance at 1 Apr 2023 Incoming resources Outgoing resources Balance at 31 Mar 2024 General Funds 209,173 15,340 119,7971 204,716
Page 10 SMALL HEATH COMMUNITY FORUM LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS Tanglbl8 flx•d assets Current assets Long terni Ilabilitles Restricted Income Funds: Restricted Fund Unrestrlcted Income Funds 5,626 245.063 136,164 1,368 (38,309) Total Funds 250.689 137,532 (38,3091 Other not Ilabllltles Total Restrl¢ted Income Funds: Restricted Fund Unrostrlcted Income Funds 17,3961 {3,4061 134,394 204,716 Total Funds 110,802) 339,110 14. COMPANY LIMITED BY GUARANTEE Small Heath Community Forum Limited is a company limited by guarantee and 8ccordingly does not have a shar8 capital. Every rnemberof the company undertakes lo contribute such amount as may be required not exceeding £1 lo Ihe assets of the charitable company in th6 èvént of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.