Charity registration number 1075371 Company ragi3tratlon number 03677986 (England and Wales) WELCOME TO OUR FUTURE (LOCALAGENDA 21) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
WELCOME TO OUR FUTURE (LOCALAGENDA 21) LEGAL AND ADMINISTRATIVE INFORMATION Trustoes R Walker Mrs R J Gowers MrRIWPlumb Mr C L F Haynes (Appointed 16 January 2024) (Appointed 18 January 2024} (Appointed 16 January 2024) Secretary A N Jones Charfty number 1075371 Company number 03677986 Reglsterod office Unit 16 Riverside Centre Evesham WR1148G Independont oxamlner Kendall Wadley LLP Granla Lodge 71 Graham Road Malvern Worc8stershire IniR14 2JS Bankor8 Triodos Bank NV Deanery Road Bristol BS1 SAS
WELCOME TO OUR FUTURE (LOCALAGENDA 21) CONTENTS Pago Trustees, report Independent examinels report ststement of financial a¢tivitie8 Balance sheet Not88 to the financial statements 7-19
WELCOME TO OUR FUTURE (LOCALAGENDA 21) TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees, who are also the dirertors for the purposes of company law, present their report and accounts for the year ended 31 March 2024. The financial statements have been prepared in acLordance with the accounting policies Set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, 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)" Objectlves and activities The Objects of the charity are set out in the Memorandum of Association as being 'to advance education of the public in matters relating to conservation, protection and enhancement of the environment, public safety, and in matters pertaining to those in necessitous circumstances, the elderly, and those SLfftering or re¢overing from physical or mental ill health,, and any other charitable purposes which the trustees may from time to time determine. The Company has been involved in a range of activities aimed at promoting 8u8tainability and well-being particulady in the Wesl Midlands but also into other regions of England. During the financial year the Charity continued to run a successful project, with the aid of grants from various organisations, to place bird boxes at locations in England. With locations ranging from village halls, churches, schools, hoSpiS as well as countryside locations via the National Trust, this 8cheme has not only provided homes lo birds but brought enjoyment to those people brought closer to this wildlife wroF has been using these funds to distribute grants to organlsations engaged in activiti88 which wmply vitth the objectives of the charity, principally schools to engage pupils in environmental projeGt$, but a180 to other projecis which involve enhancing the environment for the enjoyment of the publlc. In other environmental and social campaigns, the Su$tainabl• Communill•$ bookl•t dl•trlbutlon ¢ontlnu•d, We a180 8UPPOrted the work of Transition Evesham Vale, an organization which •n¢ourag•$ the communlty to engage in action to redu reliance on fossil fuelB particularly In ula of recycling and utlll•lng lo1 r••ourc•• rather than those from further afield. wroF's long standing subsldiary company, MRRT Ltd, worked to promote Sustainable buslnesses In the West Midlands, but in particular enterprises within Herefordshire, Shropshire, and Worcestershire. This subsidiary ceased to be a member of the group with effect from the 1 st April 2023. Publlc bonofit The trustees confirm that they have complied with the duty in section 4 of the Charities Ad 2011 to have due regard to the Chanty Commission's general guidance on public benefit, 'Charities and Public Benefit,. Financial review Funds are adequate and available to fulfil the obligations of the charity. Reserves are splil bemeen Restricted Reserves and those available for the day to day running of the company. At the year end Restncied Reserves amounted to £nil12023.. £8,758}. The unrestricted funds were £32,933 (2023.. £124,857). During the period the charity had net expenditure of £100,682 {2023 net expenditure of £21.647), of which £8,638 outgoing (2023.. £17,415 outgoin9) relaled to the Restricted funds. The charity currently holds unrestricted reserves at a level that equates to sixty months unrestricted expenditure and the aim, which is the policy of the tharity, 15 to reduce unrestricted funds, which are free reserves, to a level that equates to e1ve months unrestricted expendilure, by way of distribub'ng discretionary grants. This is sufficient to cover management and administration costs and to fund the objects of the charity, and ensure that the Charity can met its statutory obligations. This policy is under regular review. The trustees have assessed the major risks to which the charity is exposed. The trustees are satisfied that such exposure is controlled.
WELCOME TO OUR FUTURE {LOCALAGENDA 21) TRUSTEES. REPORT {CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Plan8 for the futuro For a number of years the Charity has supported the Work of Transition Evesham Vale, primarily by being the named tenant of a property in Evesham enabling the occupation of it to be rent free. The property has now become the administrative base and regISted office of the charity. The ImaGine project, the principal user of the propety, has also been fully integfated into the operations of the Charity. ImaGine will continue to be the trading name as it aims to provide a catalyst for change, working with local communities, exploring gustainability, discovering how we can work together for a healthier, happier, lower carbon future. It looks to foster and nurture relationships with voluntary and civic organisations in and around Evesham. and encourage their active use of imaGine as a place to meet, talk and promote their activities. ImaGine also acts as an information c8ntre for local environmental organizations. Imagine is run by volunteers and r6cycl85 books for free. As at November 2024 it has received over 25,000 donated book8 and issued over 20.OQO. Books are free, but small donations are welcomed. The donations pay for the running costs of the facility with any excess funds being passed into OF,8 grant r8setve. This reserve provid88 small grants to organisations based in the Vale of Eve$ham for proj8Cts aligned lo the objectives of the Charity. Structuro, govornanco and managamont The organisation is a charitable company limited by guarantee, incorporated on 3rd December 1998 and registered as a charity on 6th May 1999. The charitable company 18 govemed under its Memorandum and Articles of AssocAation. The trustees who are also the directors for the purpose of Company law, who have Served during the period from 1st April 2022, yre-. WLSBowen V Wood R Walker Mrs L Robinson Mrs R J Gowers MrRIWPlumb Mr C L F Haynes (Resigned 31 January 2024) (Resigned 31 January 2024) {Resigned 31 January 2024) (Appointed 16 January 2024) {Appointed 18 January 2024) (Appointed 16 January 2024) None of the trustees has any beneficial interest in the company. All of the tru$tee8 are members of th8 company and guarantee to contribute £1 in the event of a winding up. The trustees may, through their involvement in other enterprises provide services to entities applying for grant aid. In such instances d8darations of interest are made at the start of Board meetings and the r88pective trustees are excluded from the decision making process regarding those applications. New trustees are appointed by the members and elected at the AGM. The trustees receive induction training upon appointment, usually from the Company Secretary,
WELCOME TO OUR FUTURE (LOCALAGENDA 21) TRUSTEES, REPORT (CONTINUED){INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The charitable company is administered by its Board. The Board should comprise not more than ten persons elected by and from the membership of the charity. and not more than five persons ¢OknOPted onto the Board. At every AGM one third of the elected Board should retire. The Board governs the general policy of the charity. with the administrative work being done by the Company Secretary. Rates of pay for all staff and key management personnel are set by the Board. The principal activty of MRRT Limited was that of lending money to local businesses to assist in th8 development of the local economy, trading under the name of Impetus. Trading profits from MRRT were remitted to oF under a perpetual Deed of Covenant, subject to sufficient funds being held to support YrkIng capital requirements. Wth effect from the 1st April 2023 the membership of MRRT Ltd was transferred and it is no longer a subsidiary undertaking. Investment powers are govemed by the Memorandum of Association and the charity can invest monies not immediately required for its purposes as it sees fit. A88et cover for funds Note 17 sèts out an analysis of the assets attributable to the various funds and a description of Ihe trusts can be found in note 16. These assets are sufficient to meel the charity's obligations on a fund by fvnd basis. This report has bèen prepared in accordance with the special provision8 relating to small companies Wlthin PArt 15 of the Companies Act 2006. Th8 trustees, report was approved by the Board of Trustee8. MrRIWPlumb Trustee Dated.. 22 November 2024 Mr C L F Hiyn•• Trustee Dated.'22 November 20
WELCOME TO OUR FUTURE (LOCALAGENDA 21) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WELCOME TO OUR FUTURE (LOCAL AGENDA 21) I r8POrt to the trustees on my examination of the financial statements of welMe To Our Future (Local Agenda 21) (the charity) for the year ended 31 March 2024. Rè$pon$ibilitie$ and basis of rèport As the trustees of the charity land also its directors for the purposes of company law) you ar8 responsible for the preparation of the finanal statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and a eligible for independent examination, I report in respect of my examination of the Charity's financial statements carried out under section 145 of the Charities Act 2011 {th8 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515)(b) ofthe 2011 Act. Independent axamlnerfs Statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records We not kept in respect of the charity as required by section 386 of the 2006 Act., or the finanGial statements do not accord with those records,. or the financial statements do not comply with the accounting reqU1ments 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 a8 part of an independent examination., or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities pparIng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102>. I hav concems and have come acr08s no other matter8 in connection with the examination to which attention drawn in this report in order to enable a proper understanding of the financial statements to be reached. eth Nèedham ACA CTA (VAn Kendall Wadley LLP Granta Lodge 71 Graham Road Malvem Worcestershire WR14 2JS Dated.. 14 November 2024
WELCOME TO OUR FUTURE (LOCALAGENDA 21> STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Restricted funds funds 2024 2024 Total Unrestricted funds 2023 Restricted funds 2023 Total 2024 2023 Notss ents me and Donations Charitable activities Investments Other 18 18 17,700 1,180 6,516 21 21 33,330 68,557 9,638 17,700 44 33,330 144 1,136 6,516 68,413 9.638 Totsl In¢om• 7,670 17,744 25,414 78,072 33,474 111,548 Ex endlturo on: Charitable activities 99,414 26,682 126,096 82,304 50,889 133,193 Expondlturo (91,744) (8,938) {100,682) {4,232) (17,415) (21,647) Gross transfers between funds 13 (180) 180 Not movement In fund8 (91,924) (8.758) {100,882) (4,2321 (17,416) (21,847) Total fund8 brought forward 124,857 8,758 133,815 129,089 28,173 163,202 Total funds carrfod forward 32,933 32,933 124,857 8,758 133,615
WELCOME TO OUR FUTURE (LOCALAGENDA 21) BALANCE SHEET ASAT 31 MARCH 2024 2024 2023 Not88 Current assets Debtors Cash at bank and in hand 14 1,139 33,375 19,851 118,600 34,514 138,451 Crndltoys: amounts falllng due within one year 15 (1,581) (4,836) Net current assets and total net assets 32,933 133.615 Incomo fund8 Restricted funds Unrestricted funds 16 8,758 124,857 32,933 32,933 133,615 The company is entitled to the exemption from the audit requirement contained in 6ection 477 of the Companies Act 2006. for the year ended 31 March 2024. The members have not required the company to obtain an audit of its financial statements for the year in question In accordance with section 476. The trustees, acknowledge their responsibilities for complying with the reqU1MentS of the Act with respect to accounting records and the preparation of arxounts. These financial statements have been prepared in accordance with the provisions applicable to ¢ompanie8 subjed to the small companies regime. The accounts were approved by the Trustees on 22 November 2024 ¥z MrRIWPlumb Trusteè Mrc L F Haynes Tru8ts0 Company Regi8tratlon No. 03677986
WELCOME TO OUR FUTURE (LOCALAGENDA 21) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Ac¢ountlng policies Charity Inforniation Welcome To Our Futu (Local Agenda 21) is a charitable company limited by guarante8, in¢orporated in England and Wales (company number.. 03677986) and a ¢harily regislered in England and Wales (charity number.. 1075371). Its registered address is Unit 16 Riverside Centre, Evesham, WR1148G. 1.1 Accounting convention The financial statements have b8en prepared in accordan with the charity's governing document, the Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102°) and the Charities SORP "AccA)unting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in ac¢ordance 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 charity has taken advantage of the provisions in the SORP for chartties not to prepare a Statement of Cash Flowpa. The financial statement8 are prepared in sterling, which is the fijnctional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under thè hi8torieAI cost convention. The principal accounting poliaes adopted are set out below. 1.2 Golng concarn At the time of approving the financial statements, th• tru8tee• havo a r•a•on•bl• •xp•ctatlon that th• chirfty has adequate resources to continue in operational exi8tance for the fore•eèabl• fvtur• and that th•r• •r• no material uncertainties about its ability to Continue. Thu• th• tru•t••• contlnu• to adopt th• golno oono•rn bo911 of accounting in preparing the financial 8tatement8. 1.3 Charftable fund8 Unrestricted funds are available for use at the discretion of th• truJtae8 in lurth•r•nce ol th•lr charlt•k)l• objectives. Restncted funds are subject to specific ¢ondition$ by donors or grantors a8 to how they may b• u8od. Th• purposes and uses of the restricted funds are set out in th8 note8 to the financial 8tatement8. 1.4 Income Income is included in the Ststement of Financial Activities on an accruals basis. Cash donations are r8¢ognised on 1pt. other donations are recognised once the charfty has been not1fi8d of the donation, unless perfoman¢e conditions qUIre deferral of the amount. Income tax recoverable in relation to donation8 received under Gift Aid or deeds of covenant is recognised at the time of the donation. Grants from the govemment and other agencies have been included within income from activities in furtherance of the charity's objects where they represent reimbursement of restrlcted fvnd costs incurred. Investment income is a¢Unted for on an accruals basis and gross of tax.
WELCOME TO OUR FUTURE (LOCALAGENDA 21) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued) 1.5 Expenditure Expenditure is recognised onGe there 15 a legal or constwctive obligation to transfer economic benefit to third party, it is probable thal 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 activrty are made up of the total of direct costs and shared costs, including gUPPOrt 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 acts'vity and support costs which are not attributable to a single activity are apportioned beikneen those activities on a ba815 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, All expenditure is accounted for on an accrual$ basis. Charitable expenditure comprises those cSts directly attributable to the charity's work. Governance costs include those costs associated with meeting the cA)nstitutional and statutory requirements of the charity and include audit fees and costs linked to the strategic management of the charity. This includes proportion of staff ¢0sts1250/0) and other non support costs. Support cost$ indude 75% of Staff co8t8, as the trustees fe81 this accurately refiects level of staff activity on each dass of expenditure. Wages are apportioned between restricted and unrestricted funds based on estimated Staff time. Rent. rates and insurance are apportioned beleen restricted and unrestricted funds based on estimated use of office space. Grants payable are charged in the year vthen the offer is conveyed to the recipient. 1.6 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-temi liquid investments with original maturities of three months or less. 1.7 Flnanclal In8trument• The Charity only has financial assets and financial liabilities of a kind that qualify as basic ffinancial instruments. Basic financial instwments a initially recognised at transaction value and subsequently measured at their settlemenl value. Debtors Trade and other debtors are cOgnised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Liabilities Liabilities are recognised where there is an obligation at the Balance Sheet date as a result of a past event, it is probable Ihat a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charitable company anticipates it will pay to settle the debt or the arnount it has received as advanced payments for the goods or services it must provide.
WELCOME TO OUR FUTURE (LOCALAGENDA 21) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policies (Contlnued) 1.8 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. 1.9 Rotlrement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they f811 due. Critlcal accountlng •stlmates and judgomonts In the application of the charity's accounting policies, the truste8s are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sourr£s. The estimales and associated assumptions are based on historical experience and other factor8 that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying as8umptions are reviewed on an ongoing basis. Revisions to a¢untIng 8Stimate8 are recognised in the period in which the estimate is ViSed 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. Donatlong 2024 Membership fees 18 21 18 21 Income from Charltsble a¢tlvltle8 2024 2023 Grants receivable for charitable activities 17,700 33,330
WELCOME TO OUR FUTURE (LOCALAGENDA 21) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from charltable actlvltles (Continued) Grnnts receivable for charitablo activities Miss JB Albright's Grimley Charity All Noakes Memorial Charitable Trust Audrey Emma Lamb Charitable Trust Barbara Price Charitable Trust C A Rookes Charilable Trust Carrington Charitable Trust Catherine Cookson Charitable Trust Field Family Charitable Trust Florence Cohen Charitable Trust Hilary Awdry Charitable Trust James Tuttiett Charitsble Trust Janet and Bryan Moore Charilable Trust Marsh Christian trust Mumford Memorial Trust N.Smith Chantable Settlement Paul Bassham Charitable Trust Rothley Trust Sir John and Lady Amory's Charitable Trust Sir John EastrNot)d Foundation Sylvanus Lyson Trust T S Shipman Charitable Trust The Albright Wood Norton Charitable Trust The Battishorne Trust The Chnmes Family Charitable Trusl The Culra Charitsble Trust The DMF Charitable Trust The Dumbreck Charity The Equilibrium Foundation Charitsble Trust The Fitton Trust The Florence Tumer Trust The Francis Winham Foundation The Gilbert Lane Charitable Trust The Hedley Denton Charilable Trust The Henhur5t Charitable Trust The Langtree Trust The Lillie C Johnson Trust Th8 Lord 8elstead Charitable Trust The Louis Nicholas Residuary Charitable Trust The Michael Marks Charitable Trust The Measures Trust The Payn&Gallway Charitable Trust The Phillips Charitable Trust The Richard Cadbury Charitable Trust The Robert Clutterbuck Charitable Trust The Rowland Trust The Shanley Foundation The Trefoil Trust The W.E.D. Charitable Trust The Weinstock Fund The whiarn Family Charitable Foundation 500 1,000 1,000 2,000 300 500 100 1,000 1,000 500 1,000 4,000 500 3,000 500 1,000 900 500 1,500 1,300 4,000 500 500 500 500 500 1,000 500 500 500 250 500 2,500 2,500 300 500 500 500 300 1,000 3,000 500 1,000 1,000 1,000 2,000 1,000 500 1,500 1,000 500 1,000 1,000 1.000 2,000 10-
WELCOME TO OUR FUTURE (LOCALAGENDA 21) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from charitable activities (Contlnued) The Yvonne Flux Charitable Trust Toyota Chariiy TGB Vale Landscape Heritage Trust Iliam Webster Charitable Trust York Common Good Trust 500 1,400 (1,750) (9,570) 1.500 1,000 17,700 33,330 Investments Unrn8trfcted Rostrlcted fund8 fund$ Other 2024 Total Unrestricted Endowment lunds funds Total 2024 2024 2023 2023 2023 Deed of covenanl Interest receivable 68,000 413 88,000 557 1,136 44 1,180 144 1,136 1,180 68,413 144 68,557 Servlco charge & proJo¢t Income 2024 2023 Seprfice charge 6,518 9,636 The service charge includes management fees of £8,518 {2023'. £9,638) due in respect of the management of restricted grant funding rerkived and as permitted under the funding agreements. This is sh¢)wn as income in the unrestricted activities of the charity and expenditure in the restricted activitles of the charity rather than as a transfer befv4een fvnds as it is considered that this better reflects the nature of the activities of the charitable company. 11
WELCOME TO OUR FUTURE (LOCALAGENDA 21) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charitable activities 2024 2023 Use of Facilities Print, Postage and Stationery Travel and Other Sundry C08t8 Rent Benches Bird Box88 Administration Fees Housing project support 4,060 685 238 10,667 278 1,480 59 967 333 39,776 9,438 29,883 19.682 6,365 41,695 82,214 Grant funding of activities (see note 8) 54,286 Share of support costs (see note 9) Share of governance costs (see note 9) 20,972 9,143 35,095 15,884 126,096 133,193 Analy818 by fund Unrestricted funds Other Restricted funds 99,414 26,682 126.096 For thg year endad 31 March 2023 Unrestricted funds Other Restricted funds 82,304 50,889 133,193 12-
WELCOME TO OUR FUTURE (LOCALAGENDA 21) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Grants payable 2024 2023 Grants to institutions.. Red Hill Primary Primrose Hospice Shorthorn Wood nature reseNe IB& T parish council) Gallery Café,St Leonards Church Prince Henry's high School St Stephens Care Homes Luston Primary School and Nursery The Friends of Avon Meadows CIO Holy Redeemer Catholic Primary School Nunnery Wood High School The Firs Rest Home Hill Avenue allotments soc Putley Parish Hall Bishops Place Flyford Flavell Primary School Norton Parish Hall South Marches District Scout Council The Friends of Avon Meadows CIO Worcester Norton CIC Norton Juxta Kempsey Beekeepers Abbey Park Fir81 and Nursery School PTFA orteton PC St Richards Hospice Evesham Vale Welcomes Refugees madley Environmental Study Centre Flyfords Hall Kemerton Conservation Trust Swan Lane First School The Wadborough Association Harvington CE School Pershore Civic Society St Andrew's Centre Suckley School Honeyboume First School Academy Sytchampton Endowed Primary School Lickey End School Badsey First School Batchley First School Cherry Orchard Primary Eckington COE First School Cropthorne Parish Council Worcester Community Garden Wick Care Fann CIC Tudor Grange Primary Tudor Grange Academy Norton Juxta Kempsey CE Primary School Upton Snodsbury COE 1 st school Yarpole Men's Shed 1,000 1,000 900 1.000 1.000 100 988 1,000 1,000 1,000 495 1,000 1,000 200 1,000 1,500 1,000 500 1,000 1,000 880 1,000 625 1,000 1.000 1,000 683 1,000 1,000 1,000 1,000 980 1,000 1,000 1.500 1,500 1,500 1,500 1,000 1.500 1,500 500 1,500 1,500 1,500 1,500 1,435 1,000 13-
WELCOME TO OUR FUTURE (LOCALAGENDA 21) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Grants payable (Gontlnued) Tibberton COE 1 st school Richards Castle Village Hall ECHO for 8xtra choices in Herefordshire 1,500 1,500 1,500 Grants to institutlons 54,286 Support C08ts Support Governance costs costs 2024 2023 8a8is of allocatlon Staff Costs 20,972 6,991 27,963 46,794 Insurance Independent examination Bank charges Legal fees other goveman¢e costs 1,487 369 20 1,487 369 20 747 Govemance 3,040 Govemance 15 Govemance 13 Govemance 370 Govemance 276 276 20,972 9,143 30,115 50,979 Analysed befvieen Charitable activities 20,972 9,143 30,115 50,979 Governance costs indudes payments to the independent examiner of £1,500 (2023.. £2,800) for VAT inclusive examination fees. 10 Tru8tee8 None of the trustees (or any person5 connected with them) received any remuneration during the year, but one of them was reimbursed a total of £236 for travelling expenses (2023 - one was 1mbur$ed £40). 14-
WELCOME TO OUR FUTURE (LOCALAGENDA 21) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Employees Numbèr of omployees The average monthly number of employees during the year was". 2024 Numbor 2023 Numbor Direct charitable activities Govemance costs Employment C08ts 2024 2023 Wages and salaries Social security costs Other pension costs 27,963 45,217 857 720 27,983 48,794 dges and salaries c08ts indude redundancy costs of £10,80612023 - £14,275). Actual payments made in the year regarding defined contrlbution p•n•l¢n CtI amount•d to £nll (2023,. £720). There were no employees whose annual remuneration wa8 £60,000 or mor•, All p•r•onn•l •r• d••m•d to be key management personnel, costs are, therefore, as •hown abov•. 12 Taxatlon The charity 1$ exempt from taxation on its activitie8 because all its income 13 applied for charitable purpo888. 13 Transfer8 A transtsr of £180 (2023 £nil) has been made from unrestricted funds to restricted funds to cover the over spend on the Sustainable Communities Fund and Bird Box Fund as detailed in Note 16. 14 Debtors 2024 2023 Amounts falling dug within ono year: Amounts owed by subsidiary undertakings Prepayments and accrued income 18,000 1,851 1,139 1,139 19,851 15-
WELCOME TO OUR FUTURE (LOCALAGENDA 21) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 15 Crnditors: amounts falling duo wfthln one year 2024 2023 Other tsxation and Social security Accruals and deferred income 2,031 2,805 1,581 1,581 4,838 16-
WELCOME TO OUR FUTURE (LOCALAGENDA 21 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 R••trict•d lunds The Incom• fvndi of lh• ch8rty In¢lud• rwlrlct•d fund8 comprf$lng lh• folkwlng un8xwndd tr•L•n¢•• ol¢Jon•tkn8 and grant• h•K1 on IN lor spKffic purpo804.' Mov•m•nt In fund• knorn• EAÈ•ndhurn TrE•t 1 Aprtl 202) Mov•m•Trt lund• b¢om• EKP•ndl¢urn TThNf•rn lnc•41 1 Aprfl 2022 31 M•r¢h 2024 Sustqlneole ¢ommunhkni Fund Beneh•8 Fund Blrd Box Fund 1,466 11,2801 13331 140.2761 17821 24 333 32.633 24.707 17,700 126.9201 28,173 33,474 150,8891 8,758 17.744 128,8821 110 Th• Su•tthl)•ble Communttkq8 fund Is for a VArloly of loall•l• ond pwnphbl• In ald of iu•l•lnablltty •mong 1 Pl1n••. Th• 8•nces fund wa• 4 gr•nl to provkl• four benchea At varfoui loo•tkn• Wort••r4hIrn. Th? eox fvnd IB lor the provlslon of blrd boxe8 t¢ In¥la1d In church yqrdi, ¥lll•y hol. •chol, h0•pl1 and Nillonil Th141 prtp•rtl. 17.
WELCOME TO OUR FUTURE (LOCALAGENDA 21) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Analysis of net assets between funds Unre8trlcted funds 2024 Rostrlctod funds 2024 Total 2024 At 31 March 2024: Current 888etsl{liabilities) 32,933 32,933 32,933 32,933 Unrestrlctsd fund8 2023 Restricted fund8 2023 Totsl 2023 At 31 March 2023: Current assetsllliabilities) 124.857 8,758 133,615 124,857 8,758 133,615 18 Oporatlng1oa80 commltmont• At the reporting end date the charity had outstsnding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows.. 2024 2023 Within one year 3,134 3.134 19 Subsldlarle8 Welcome To Our Future (Local Agenda 21 } is the sole member and has appointed directors to manage MRRT Limited, a company incorporated in England and Wdles and limited by guarantee. Wth effect from 1st April 2023 the subsidiary undertaking was transferred to ART Share (Social Help Association for Reinvesting in Enterprise) Limited, an Industrial and Provident Society registered in England and Wales. 18-
WELCOME TO OUR FUTURE (LOCALAGENDA 21) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Related party trdn8a¢tions The charity paid expenses on behalf of MRRT Limited amounting to £nil (2023.. £29,873), and on behalf of Marches Centre for Communty Led Housing Limited £nil (2023.. £29,883). At th& year end there were balances due from MRRT Limited of £nil (2023.. £18,000) and these are included within debtors. 19-