2023-03-31-accounts

Reglstered number: 03692018 Charity number. 1076896 Murray Hall Communlty Trust Limited Trustees. Report and Financial Statements For the Year Ended 31 March 2023 *AC1￿7Fm1¢ 1611112023 COMPANIES HOUSE A13

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Murray Hall Communty Trust Lirnited {A Company Limited by Guarantee) Contents Page Rgference and Administrative Delails of the Charity, its Trustees and Advlser6 Trustees. Report 2-10 Independent Auditor5. Report on the Financial SLitements ststement of Financial Activities 15 B•lanGe Sheet 16 Statemenl of Cash Flows 17 Notes to the Financial Statements 18-38

Murray Hall Communty Trust Limited IA Company Limited by Guarantee) Reference and Administralive Details of the Charity. its Trustees and Advisers Forthe Year Ended 31 March 2023 Trustees John Blewitt. Chair Christine Harrison David Hill Balwinder Kaur {apFoinled 20 September 20221 John Miller Christopher Patterson Vicky Powell {resigned 25 April 2022> Company registefed number 03692018 Charity registered number 1076896 Registered office The Bridge St. Marks Road Tipton Wesl Midlands DY4 OSL Company secretsry Manjula Patd Chief executive officer Manjula Patd Independent auditors Dains Audr( Limited 15 Colmore Row Birmingham B3 2BH Bankers Unity Trust Bank PIC Four Brindleyplace. Birmingham B1 2JB Sollcftors Anthony Collins 134 Edmund St Bimiingham B3 2ES Page 1

Murray Hall Cornmunity Trust LTmited (A Company Limited by Guarantee) Trustees. Report For thè Year Endgd 31 March 2023 The Trustees present Iheir report and accounts for the year ended 31 March 2023. The accounts have been prepared in accordance wilh the accounting policies set out in note 1 .to the accounts and comply with the Charity's con5tilution, the Charities Act 2011 and the Statement of Recommended Pracbce. "Accounting and Reporting by Charib"es. Slaternent of Recornmended Prath"ce FRS 102 {effective January 20191. Since the Charity qualifie5 as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2Crf)6 (strateg￿ Report and Directors, Report) Regulations 2013 has been omitted. Objectives and activities a. Charity Objeets The Charity is established for the benefit of the residents of the Metropolitan Bor￿gh of Sandwell and surrounding local areas within Bimiingham and Black Country without". distinction of age, sex, sexual orientation. nationality. ethnic or national origins. race. colour. marital ststus. disability. pclrtical or religious beliets. b. Aims of the Charity Our aims are to make a Fjositive impact with the ChaI￿ngeS of inequalty. to promote and support people in their health and wellbeing from early years to end of life. Main objeclNes are". To work in partnership wth communty members. Ser¥￿e users, volunteers, local and nalional health, soeial Care and educab.onal organisalions including wider stakeholders. To adopt a communty development approach. facilitating empowem)ent and where required advocating on behalf of vulnerable people. Strive lo identify and deliver innovab.ve solutions for unmel needs around issue5 that have a positive impact on the health and wellbeing of people. c. Public benefit The Trustees have refe￿ed to the guidance contsined in the Charity Commission's general guidance on public benefit when reviewng the Charity's objectives and in planning for future activities. In parb"cular, the Trustee5 have consjdered how ￿anned acts"vib"es will contribute to the aims and objectives set. Historically we were set up to support the social, welfare. educational and reereational Interest of people in Tipton, Sandwell that impacts their health and wellbeing. Whilst we conts.nue to provide this support we further extend our support to provide heaf(h and wellbeing more holists"cally by offering a diverse range of services. Although based in Sandwell and oflering serwces in this area. we also now work aGross the Midlands as a whole. d. Grant4naking policies The Charity. al the current tsme. has no provision for making grants lo individual sub-groups or other oryanisalions. However. we do provide support in kind to small volunteer-led community groups. Page 2

Murray Hall Communty Trust Limited (A Company Limited by Guarantee Trustees. Report Itontinuedl For the Year Ended 31 March 2023 Objectives and activities Icontinuedl e. Volunteers Volunteers are an integrated part of the organisalion and they are valued members of our team enabling us to provide community support. Volunteering offets many opportunities for people to gain new skills, knowledge and increase their self-confidence and some volunteers have successfully gained employment with u5. During the year we have recruited new volunteers mostly for our Food Pantry and the Charity Shop. During the last finance year. we had 16 active volunteer5 and we conty.nue lo recruit new volunteers in all the different areas of the Organisat￿n. f. Programme related investment The Charity. at this time. has no specific projramme related investments. Achievernents and perforniance a. Main achievements of the Charity During the last financial year we continued to provide valuable supwrt and activities lo our communf(ies. Within all of our services and projects combined we directly engaged and supported approximately 7,832 individuals. this includes 4,120 children, young peopje and 3.712 adults. We delivered 6,200 therapeutic sessions and 3,741 play sesSi￿S. Our three years Strategic Prioribes to March 2025 include". To increase our presence ￿thIn the communty meeting diverse needs. To provide Iransformalive interventions and services to achieve posibve outcomes. To develop long term plans for digital inclusion and climate change. To continue being a sustainable organisation. To develop an organisation development programme aligned to our values. b. Factors outside of the Charity's control affecting our Charitable obl￿tiveS While still ￿0VerIng trom the turbulent past years, the impact ol the war in Ukraine has plunged our nation into economic crisis as the cost of energy ha5 escalated and conb.nues to remain high. The impact of political turmoil has meant inflalion has risen sharply lo double-d￿1¢ figures. All of this has meant that cost of living remains stubbomly high, pushing more people into poverty and living in crisi5. The circumstances of this mean we will have to review our pay structure in the fortheoming year12023-241. In additson, recruitment and retention have been challenging with competing sectors facing Workfor￿ shortages. c. Ftsndralslng activities and Income generation In the last year fundraising activities have raised donations of £4.15512022 - £2,087). d. Investment policy and perfomiance The Charity has no signifficanl investments. other than interest received on its Bank current and deposit accounts. Page 3

Murray Hall Communty Trust Limited IA Company Limited by Guarantee Trustees. Report (continued) For the Year Ended 31 March 2023 Achievements and perfomiance {conlinued) e. Activities review Famil Children and Youn Peo le The impact of higher cost of living has increased the number of people in QUT community living in food and fuel poverty. We have also seen an increase in the number of children, young people and adults requiring emot￿￿81 and mental heatth support. We continue to respond to the needs within our community in differenl ways and within the year we 5UPPOrted approximately 7,832 individuals. This inclLbdes'. Go Play we provide out of school play activities for children after school and during school holiday limes in RON￿eY and Oldbury areas. During the year a total of 3.487 children interacted with Go Play. Starting Well - 15 a partnership wrth 8 other organisatiolls with MHCT as the lead partner. This wa5 the last year of the central government funding. During this second year the scheme was established with good working relationship with stakeholders, especialty matemity services team and supported 402 pregnant womenlmolhers and their children throughout the year. Transition Support Group - the ITI support group continues lo be facilrf(ated by a youth worker each week either via Zoom or in-person at The Bridge depending on the ¢ir¢um5tances of the 5 group members. Creative Thera Services CTS Looking Forward supports children and young people aged between 5-18 years who have experienced any form of domestic violence, abuse, loss and separation, as well as children who are within care. During the year. this valuable seNice has supported 169 children. young people and families with 622 counselling and therapeutic se5si0ns. Building Braver Mind- Tier 2 mental heath support.for children and young people in Sandwell. This contract was transferred from the CCG lo Black Country Healthcare NHS Foundation Trust as the lead provider for all mental health services wrthin the Black Country ICS. Team members work wilh CAMHS to support the triage of new referrals to the Single Point of Access. During the year we supported 448 children and young people with 2,160 counselling and Iherapeutr"c sessions.

Breaking Barriers

as a Social enterprise. the service provides counselling and therapeutic support. working mostly with schools to supwrt their sludent ernotional wellbeing. The programme is tailored for individual schoollclienl requirements. The programme continues to attract new schc()Is and, in total we supported 324 children and young peO￿e {school students) wrth 2.032 counselling and therapeutic sessiorss over the past year. Beats not Blades - is a Youth Music prcgramme and aims lo raise awareness and help tackle the increase in crime offences across Sandwell through the medium of creatNe music and art. giving young people hope. direction, alternative coping mechanisms. providing new opportunities and building longer term resilience. Participants gain an accredited qualificab.on {Arts Award). Throughwl the year we have delivered 26 5es5ions and worked with 16 young people. Future Foundalrons is grant fvjnding to support children and young people aged from 5 - 18 years with mental health support for a variety of needs in Sandwell. During the year 138 indNiduals have been supported with 828 counselling and therapeutic sessions_ Winter Pressures grant has supported 61 adults aged over 18 years wlh mental health needs such as anxiety. ¢Jepression. suicidal ideations with 366 counselling and Iherapeukn'c sessions. Walsall Talking Therapy supports adults with mentsl heatih needs Y￿h1n Walsall. and during the year supported 32 individuals with 192 counselling.and therapeutic sessions. Page 4

Murray Hall Communty Trust Limited IA Company Limited by Guarantee Tru5tees' Report {continued) For the Year Ended 31 March 2023 Achievements and performance Icontinuedl Adult Services Bridges Support Service - support5 people INing at home towards the end of their lives in Birniingham and Solihull IBSOLI CCG aieas. Throughout the year we had 95 new referrals and in lotsl supported 156 people. The main demand for support has been at home to help peOp￿e to conb.nue living in their preferred place of care. Community Offer covering Tipton and RO￿eY - The service supports people wrth different needs in the community. This includes diverse needs such as tpAth the cosl of living crisis there has been an increase in the number of people needing support wilh food and fuel poverty. DLJring the year and the team SUPPDrted 380 people in Tipton and 126 people in Rowley throughout the year. The Midlands Transition Action Group - has a membership of more than 20 mernbers from across different professions meeting once a quarter to share updates and good practice 2nd raise awareness of the young people with lrfe limiting illnesses needs. A virtual workshop was organised in the year, and the meetings continue lo be virtual on-line. Food Pantry- membership has grown to 293 active members as focMJ povety has increased. The Food Pantry has a dedicated team of volunteers who manage the F￿d Pantry together with a staff member and during the year new volunteers have been recruited. f. Fundlngs blds and tenders In total 24 funding bids and 1 expression of interest were submitted. 14 of these (58%) were successful. 7 of these were unsuccessfvl and 4 pending cKrtcomes. Financial review a. Golng concern Although, the CovKI-19 pandemic is over, we conb.nue to remain agile ready to respond lo the changing operating environrnenl with Recovery Business Conb"nuity Plan5 in place lo manage the impact of busine55 disrupbon on the Charity'5 operations. Recruilmenl has been challenging with some long-stsnding vacancie5'. however. we have since recruited into senior roles. This ensures we have capacty to grow and generate income to develop existing and rsew services to respond and support the needs wtthin the eommunty. Our cashflow remains stable throughout the year ￿th regular scheduled income and expenditure timetables. We have carried forward funds for some services to be expended in the current finance year. Despite the economic challenges our social enterprises.. The Bridge. #B8 service and the Charity Shop continue lo generate funds. The Charity Shop had a refft and new ststr, this has seen a threefold increase in income in the last 7 months. We are anticipating several tenders to be released wthin the next 6 months of this financial year which we will be prioritssing as well as focusing on other funding opportunrties alKJned to our strategic priorities and business plan. b. Reserrfes policy The Charity aims lo maintain reserves at a level that is equivalent to 4 months of the current annual income. The serves required al the end of the year were £582,960 12022.. £755,934). The Charitys free reserves at 31 March 2023 which exclude fixed asset5 and the pensÉon deficit amounted to £1,471.22212022.' £1.304.1371. Page S

Murray Hall Community Trust Limited IA Company Limited by Guarantee) Trustees. Report (continued) For the Year Ended 31 March 2023 . Risk factors The Trustees continually review the strategic and 0￿￿nal risks the charity is or could be exposed to. and they are satisfied that there are management reFQrting systems in place lo mitigate and minimise the effects of any such risks. Within our risk framework, we have an Organisation Risk Register to identify and pul in measures to eliminate or minimise major nsks, thi5 is reviewed at each EMT meets.ng and overseen by the Trustees AudiUFinance Sub-Group as appointed by the Trustee Board. We have a Disaster RecoverylBusine5s Continuity Policy and Plan to ensure in the event of a disaster or crisis we are able to restore and recover for eonlinuity of business. We also have Trustee leads for Children's Safeguarding and Vulnerable Adutts Protection Sub-Group. In addition. we carry out periodic risk assessment reviews with our insurers. We continue lo hold to the IS027001 Standard. carrying out intemal audits and risk assessments in respect of Information Security Management and we achieved a pass with after addressing tsvo Non-conformances in the November 2022 audit. d. Funding SoU￿e5 and how expenditu￿ met objKtives The majority of our funding sources are via eonlracls with ststulory bodies such as Local Aulhorilies and NHS. while other funding comes from grant funding bodies. Social enterprise trading Income includes.. space hire at the Bridge and Brickhouse,. #Breaking Barriers works direclly wrth individual schools and otheis,. and the Chanty Shop in Tipton town. All our funded activities are delivered and monitored internally through monthly reports to the senior management team and extemally through contract management review meetings on a regular basis every 3 or 6 monthly basis with funders and commissioners. Budgets are sel out at the beginning of the financial year and are closely monitofed Wbth a review taking place following the September out-turn. Stringent financial management is one of our key management tools lo ensure our expenditure meets our objectives. This has been validated by ￿MmISsIonerS and contract managerfs feedback. e. Financial overview Incoming resources for the year was £1.748.879 {2022'. £1,659.4451. Resources expended for the year was £1.796.184 {2022.. £2,285.5991. The net surplus for the year after penS￿n scheme adjustments was £1,881,695 (2022.. nel deficit of £20.154}. The Trustees wish lo thank all lunding bodies and partners vtho have supported the Charity through the year to continue w¢th our aCtivit￿S and to ensure we remain stab￿. Fixed Assets shown on the Balance Sheet at a written down value of £112.677 are used only for charitable purposes and include office equipment. fixture & filtings and genefal equipment. The challenges of the economic environment with financial constraints in Nthich the Charty operates rernain high. The new operating environment of Integrated Care Systems IICSI aims lo establish closer collaborations be￿een NHS healthcare. Local Authority social care and Voluntary Sector supporling communities. Thi5 hopefully. will provide opportunities for voluntary sector organisabons lo be valued member of the ICS lo jointly provide services. During the year we were able lo access a few grants to support the Charity's resilience with high energy cos15 and increase our heal efficiency. The financial performance shown at the end of the year was healthy and sufficient lo meet its ongoing items of expenditure, service activities not yet completed and future commitments and obligabons. As prodU￿d by the 2023 Actuarial Accounting Disclosures there has been a significant reduction in future obligations. as a result of ¢hanges in the assumptions used for the IIA rates on pension increases. saL3ry rates and discount rate. The Nel Liability calculations at 31 March 2023 report a defiat of £30.00a. Page 6

Murray Hall Communty Trust Limited (A Company Limited by Guarantee} Trustees. Report {coThtlnued) For the Year Ended 31 March 2023 Structure, govemance and management a. Governance and Management Murray Hall Communty Trust Limited 15 registered as a charitable company limited by guarantee and was Sel up by a Trust deed. The charitable company is administered and managed in accordance with the chaiitable company s Artieles of A5s(xialion by the Board of Trustees together with members of the Executive Team., Manjula Patel ICEOI, Tracey Medlyn (operat￿nal Executive unb"l December 2022 and then People & Culture Executive from January 2023}, Lisa-Jane Gatheld (Finance & Infomiatson Exeeubve} and Anna Eeles (Operational Executwe from Juty 2022). The Trustees who served during the year were. 'Woting John Blewtt- Chairpetson Vicky Powell (until April 2022) John Miller David Hill Christopher Patterson chrisb.ne Harrison Balwinder Kaur (from September 2022) Non-voting Manjula Patel- Chief Executive (Company Secretary) Lesley Ralph - Clerk of the Trustees Trustee Sub Grou AudiVFlnan￿- John Blewtt Organisational Development & Human RescMJrces- John Miller Clinical Governance- David Hill Business & Fundraising- Chrislopher Patterson & Christine Harrison Strategic Partnerships - John Blewitt & Balwinder Kaur Remuneration- John Blewitt HR Appeals- John Blewitt Children & Adult Safeguarding - David Hill All Resolulions of Sub Groups are approved at the full General Board Meetings. b. Recruitment and appointrnent of Trustees The Charity recruits and appoints rt5 Trustees to meet the requirements of the governing documents. We have a Trustees Recruitment Pack, which includes background lo the Charity. and information about,. speerfic expertise required, roles and respon5ibililies, together with delai15 of the ￿rUitMent process and an application form. The Trustees, Pack ensures that prospective Trustees have the infoTmaliDn lo understand their obligations. inclursing the Charity Commission requirements of being a Trustee. We advertise for new Trustee5 loeally and due to the nature of the work of Murray Hall, all Trustee5 undertake a full enhanced ¢Ji5closure check, together with a pre- appointment disqualifieation Check and eligitN"lity declarabon. c. Organisational structure The Charity is run by a Board of Trustees where a number of p)wers are delegated to eight sub-committees {5 active and 3 as and when required) incjuding an Executive Managers. Team IEMT) consisting of Operational Executive, Finance Executsve and Business arKI Fundraising Executive overseen by the Chief ExecutNe. Page 7

Murray Hall Community Trust Limited {A Company Llmited by Guarantee} Trustees. Report Icontinuedl For the Year Ended 31 Marth 2023 Structurej govemance and management (continued) d. Trustees and developrnent Trustees undertake a forrnal induction rnanaged by the Chairpetson of the Trustees and the CEO wh￿h ensure they ale aware of their powers, dub.es and liabilities. Training needs assessrnenls are undertaken and specific Iraining is provided as required. Throughout the year olhei workshops and away-days are arranged and these afe used specrfically for working through certain strategic issues and allows the Trustees to formulate policy and strategy in a more considered manner. The Clerk of the Trustees ensures we are aware of regular updates on new legislab.on and guidance from the Charity Commission. This inforrnab.on is then cascaded lo Board members lo ensure that all the Trustees are fully aware of changes and Ltpdates to guidance and legislab.ons relating to charities. During the year the Board in principle adopted the new Charty Governance c￿e. To date we have carried out a selfassessmenl and RAG rated it fo provide a priority list for incremental improvements. e. Relationship with wider network The Charity ha5 relationship5 With a number of stakeholders in ils area of benefit. These include comrnissioning bodies such as the NHS bodies. the L(ycal Authority and wKler Voluntary Sector networks where we work collaboratively with a number of small, medium and large volunlary organisations. These links have been developed through work within community development and contribute lo shared objectives aimed al r&ucing health inequalities. As an addition to the wider nett￿rk. the Charity is also represented on a number of strategic groups in Sandwell, including." Sandwell Council of Voluntary Organisation ISCVOI. Children and Young People Group, SCVO Health and Social Care Group and. SCVO Executsve Leaders Group. Birmingham & Solih¥Jll Mental Heallh VCFSE Provider Collective, and Black County VCSE Aliance. Also. the Charity is a member of Localty. and Association of Chief Executive of Voluntsry Organisations {ACEVO}. f. Restrictions in the way we operate The Charity is required lo 0￿rate within its consb'tution. its sel obj'ectives and slated powers. g. Special investment power¥ The Tnjslees do not operate any special investment powers and the Charity only reeeives interest on bank accounts. There are no specific investrnent power5 set out in the ￿nS￿tUtion. Page 8

Murray Hall Community Trust Limited IA Company Limited by Guarantee Trvstees. Report Icontinuedl For the Year Ended 31 March 2023 Structure> governance and management Icontinued h. Relationships with related parties Whilst the Charity has many relat￿nShIpS and partnerships with similar chairties and organisations in the locality, il is not considered that Murray Hall Community Trust is 'connected' lo any other Charity by way of common control or unity of administration_ Murray Hall Community Trust does however have a number of strategic alliances and partnerships which are as follows.. Living Well Consortium Community in Sync Consortium Tipton Food Bank Agewell CIC Sandwell Advocacy Gateway Farnily Services Wesl Bromwich AfrI￿n Caribbean Resource Centre Black County YMCA Iley's Communty Association Yemeni Community Association Bangladeshi Women AssrKiation Bethel Health Care Sl Albans Community Association Buds Dementia Pathfinders Alzheimerfs Society Age UK Sandwell Plans for future periods Following an organisalion re-alignmen( we plan to centralise some xtivities for consistency and cost efficiencies dtjring the year. With the increase in the cosl of living and our strategic aim tr) reduce our carbon footprint we are planning to install new windows and dotsrs lo reduce heat loss within The Bridge building. Al the beginning of 2023, SMBC Cabinet approved our applicab.on for the Asset Transfer of The Bridge building with a long lease. This will provide Murray Hall with some stability to work towards completing the unrenovated parts of the building to make the ¢enlre fully useable for the communty- This will allow us lo be firmty rooted within the community lor the long-term as a community anchor organisalion. Funds held as custodian There are no fund5 held as cuslodian.trustee ￿ behatf of other5. Page 9

Murray Hall Community Trust Limited {A Company Limited by Guarantee) Trustees. Report (continued} Forthe Year Ended 31 March 2023 Statemenl of Tru5tees' responsibilities The Trustees {who are also the directors of the Charity for the purF%)ses of company ll3wl are responsible for preparing the Trustees, Report and the financial ststements in accordance with applicable law and United Kingdom Accountsng Standards (United lQngdom Generally Accepted Accounting Practs'cel. Company law requires the Trustee5 to piepare financtal statements for each financial year. Under company law, the Trustees musl not approve the financial stslements unless they are satisfied that they give a true and fair view of the stale of affairs of the Charity and of rts incoming resources and application of resources, including ils income and expenditure, for that perK)d. In Preparirig these financial statements. the Trustees are required to.. seleel suitsble accounting policies and then appty them consistentty.. observe the melhckss and principles of the Charities SORP IFRS 1021". make judgements and accountsng eslimales that are reasonable and prudent slate whether applicable UK Accounting Standards (FRS 1021.have been followed, subjert to any malerial departures disclosed and explained in the financial ststements", prepare the financial ststements on the going concern basis unless il is Inappropr￿le lo presume that the Charity will ￿ntr"nue in business. The Trustees are responsible for kee￿ng adequate accounb.ng records that are sufficient to show and explain the Charity's transactions and disclose wrth reasonable accuracy at any time the financial position of the Charity and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are 81so responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularit*s. Dis¢losur8 of information to auditors Each of the persons who are Trustees al the time when this Trustees. Report is approved has confirmed that.. so far as that Tiustee is aware. there is no relevant audit information of whth the charity's auditors are unaware, arKI that Trustee has taken all the steps that ought lo have been taken as a Trustee in order lo be aware of any relevant audit Informabon and to establish that the chanty's auditors are aware of that Information. Auditors The auditors. Dains Audit Limited. have indicated their willingness lo conts'nue in offi￿. The desMJnated Trustees will propose a motion reappoinb.ng the auditors al a meeting of the Trustees. Approved r of the membets of the Ixjard of Trustees on 24 August 2023 and signed or7 their behalf by.. John Blewitt Chair of Trustees Page 10

Murray Hall Community Trust Limited (A Company Limited by Guarantee Independent Auditors. Report to the Membets of Murray Hall Communtty Trust Limited Opinion We have audited the financial statements of Murray Hall Community Trust Limited (the 'charityl for the year ended 31 March 2023 which comprise the Slatement of Financial Acts"vilies, the Balance Sheet. the Ststemenl of Cash Flows and the related notes, including a sumrnary of significant accounting policie5. The financial reporting framework that has been applied in their preparats.on is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting S12ndard applicable in the UK and Republic of Ireland. (United Kingdom Generally Accepted Accounting Practi￿1. In our ¢¥inion the finanual statements". give a true and fair view of the stste of the charitable company s affairs as at 31 March 2023 and of its incoming resources and application of resources. including its income and expenditure for the year then ended., have been propedy prepared in ￿OrdanCe United Kingdom Generalty Accepted Accounting Practice,. and have been prepared in accoidance wth the requirements of the Companies Act 2006. Basis for opinion We Conducted our audit in accordance wth Intemational Standards on Auditsng IUKI IISAS IUKII and applicable law. Our responsibilities under those Standards are further described in the Auditors, responsibilities for the audit of the financial slalements section of our report. We are independent of the charitable company in accordance with the ethical requifements that are relevant lo our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other elh1cal responsibilities in accordance with these requirements We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relating to going coneern In auditing the financial statements, we have concluded that the Tnjstees. use of the going concern basis of accounting in the prepatab.on of the financial statements is appropriate. Based on the woik we have performed. we have not identified any material uncertaintie5 ielaling lo events or eondibons that, individually or collectively, may cast significant doubt on the charitable companys abilty to continue as a going concem for a peritsj of at least Iwelve months from when the fi'nancial slatements are aulhorised for issue. Our responsibilities and the responsibilities of the Trustees respect to going concem are described in the relevant seclbjns of this report. Page 11

Murray Hall Communty Trust Limited (A Cornpany Limited by Guarantee) Independent Auditors. Report to the Members of Murray Hall Community Trust Limited Icontinuedl Other information The other infom)alion eomFNtses the infOrMat￿n included in the Annual Report other than the financial stslemenls and our Auditors, ReFM)rt Ihereon. The Tnjstees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does nol cover the other information and, except lo the extent otherwise expliciuy slated in our rewrt. we do not express any form of assurance conclusion Ihereon. Our responsibility is to read the olhef informab.on and, in doing so. consider whether the other informabon is materially Inconsistent wth the financial ststements or our knowledge obtained in the course of the audit, or otherwise appears lo be materialty misstated. If we identify such Material inconsistencies or apparent material misstatements. we are required lo determine whether this give5 rise lo a material mi55talemenl in the financial statement5 themsefves. If, based on the work we have performed, we conclude.that there is a material misstatement of this other infomiation. we are required to report that fact. We have nothing to reFKKi in this regard. Opinion on olher matters prescribed by the CompaTrie$ Ad 2006 In"our opinion. based on the work undertaken in the course of the gudit. the information given in the TnJstees' Rewrt"for the financial year for which the financial statements are prepared is consistent with the financial statements. the Trustees, Report has been prepared in accordance wtth applicable legal requirements. Matters on which we are required to report by exeeption In the light of our knowledge and understanding of the charitable company and ils environment obtained in the course of the audit, we have not identrfied material misstatements in the Tru51ees' Report. We have nothing to report in respect of the foll¢Jwing matters in relab.on to which the Companies Act 2006 requires us to report to you rf, in our opinion.- adequate accounting records have not been kept. or retums adequate for our audit have not been re￿iVed from branches not visited by us.. or the financial statements are not in agreement wth the aceounts.ng records and ￿tUrns,. or certain disclosures of Trustees, remuneration specffied by k7w are not made,. or we have not received all the infomation and explanatsons we require for our audit." or the Trustees were not enlived t.o prepare the financial slalements in accordance wth the small companies regime and take advantage of the small companies. exemptions in preparing the Trustees, Report and from the requirement to Prepare a Strategic ReporL Responsibilities of trustees A5 explained more fully in the Tru5tee5' Responsibilities Statemenl. the Trustees (who are also the directors of the chantable company for the purposes of cornpany law} are responsible for the p￿parab"on of the financial statements and for being 5ati5fied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparabon of financial statement5 that are free from materia5 misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as 2 going concern, disclosing, as applicable. matters related to going Ctsn￿rn and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease OFerations, or have no realistic alternali¥e bul to do so. Page 12

ijturray Hall Community Trust Limited IA Company Limited by Guarantee) Independent Auditors. Report to the Member5 of Murray Hall Comfflunity Trust Limited l¢ontinued) Auditots. responsibilitles for the audit of the financial statements Our ob}ectsves are to oblain reasonable assurance about whelher the financial statements as a whole are free from material misslalement, whether due to fraud or error. and to issue an Auditors, Report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance with ISAS IUKI will ahvays detect a material misslalement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonabty be expecled lo influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance wth law5 and regulations. We design procedures in line with our responsibilrties, OLbllirbed above. to detect material misstslemenls in respect of irregularities. including ffaud. The extent lo which our procedures are capable of detects'ng Irregularities, including fraud is detsiled below.. Our approach lo idenlfying and assessing the risks of material misstatement in respect of irregularities. including fraud and non<ompliance wlh laws and regulations. was as follows.. the senior statutory audilor ensure(J that the engagement team eolleclively had the appropriate eompelence. capabilrties and skills to identify or re￿gnISe non-compliance with applicable laws gnd regulats'ons", we idents'fied the laws and regulations applicable lo the chafrtable company through discussions with directors and other management. and from our commercial knowledge and experience of the charity sector.. we focused on specific laws and regulab.ons which we considered rnay have a direct material effect on the financial statements or the operabons of the chantable company, including the financial reporting legislats'on, Companies Act 20L%. Charities Act 2011. tsxation legislat￿)n. anli-bribery, employment, and environmental and hearth and safety legislation.. we assessed the extent of compliance with the laws and regulations identifi'ed above through making enquiries of management and insFecting legal correspondence.. and identified laws and regulations were communicated wthin the audit team wularly and the team remained alert to inslanees of non<ompliance throughout the audrt. We assessed the susceptibility of the charitable companl5 financial statement5 to material misslatemen( including obtsining an understanding of how fraud might cK¢ur, by". making enquiries of management as lo where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud," and considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud through management ly.as and ovefrNJe of controls. we". performed analyfral pr¢xedures to identify any unusual or unexpected relationships.. lesled journal entries lo identify unusual transactions.. assessed whether judgements and aSsuMp￿nS made in determining the accounting estimates were indicative of polenty.al bias". and investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and non-compliance with. laws and regulations. we designed procedures which included. but were not limited to.. agreeing financial slatement disclosures to undertwng supporting documentation. reading the minutes of meetings of those chafged with govemance", enquiring of management as to actual and potential lits"galion and claims". and reviewing correspondence with HMRC, relevant regulators and the thanlable company's legal advisors. Page 13

Murray Hall Community Trust Limited {A Company Limit8d by Guarantee) Independent Auditors. Report to the Membets of Murray Hall Community Trt￿t Llmlted Icontlnued} Auditors. responsibilities for the audit of the financial statements Icontinuedl Because of the inherent limitats.ons of an audit. there is a risk that we will not detect all Irregularities, including those leading to a material misslalement in the financial statements or non<ompliance with regulation. This risk increases the more Ihal compliance wth a law or regulakn.on is reffloved from the events and transactions reflected in the financial slatemenls. as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather.than error. as fraud involves intentional ￿ncealment, forgery, collusion. omission or misrepresentation. A further description of our responsibilities for the audit of the financial ststements is located on the Financial Reporting Council's website at.. vNM.frc.o .ukJauditorsres nsibililies. This description forms part of our Auditors, Report. other matters The financial statements of the prior period were audited by Cooper Parry Group Limited. An unqualthed audit report wa5 Issued and signed on 24 October 2022. use.of our report This report is made solely to the charitsble companls members. as a bcxly. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so Ihal we might state lo the charitable company's members those matters we are required to state lo them in an Auditors, Report and for no other PLJrpose. To the fullest extent permttted by law. we do not accept or assume responsibility lo anyone other than the charitable company and ts members. as a body, for audit work, for this report. or for the opinions we have formed. Mark Gurney FCCA (Senior Statutory Auditorl for and on behalf ol Dains Audit Limited Slalutory ALKlilor Chartered Accountants Birmingham 24 August 2023 Page 14

Murray Hall Community Trust Limited {A Company Limited by Guarantee) Statement of financial activities (incorporating income and expenditure account) For the Year Ended 31 March 2023 Unrestricted funds 2023 Restricted funds 2023 Total funds 2023 Total funds 2022 Note Income from: Donations and legacies Charitable activities Investments 38.155 251,654 336 38,155 1,710.388 336 1608.3581 2,267.298 505 1,458,734 Total income 290.145 1.458.734 1,748.879 1,659,445 Expenditure on: Chanlable acb"vits"es 521,204 1.274.980 1,796,184 2.285,599 Total expenditure 521.204 1,274.980 1.796.184 2.285,599 Net lexpenditure}lincome Transfers between funds (231.0591 320,886 183,754 {320,886) 147,3051 1626.1541 14 Net movement in funds before other recogni5ed gains 89,827 1137,132} 147.3051 1626.1541 Other recognised gains: Actuarial gains on defined benefit pension schemes 19 1.929.000 1,929,000 606,000 Net movement in lunds 2.018.827 {137.132) 1,881,695 120, 154) Reconeiliation of funds: Total funds brought forward Net movement in funds 1464,9281 2,018,827 444,774 1137.132 120.1541 1,881,695 {20,1541 Total funds Carried forward 14 1.553.899 307.642 1,861,541 (20.1541 The Statement of Financial Aclivities indudes all gains and losses recognised in the year. The notes on pages 18 10 38 lomi part of these financial statements. Page 15

Murray Hall Community Trust Limited IA Company Lirnited by Guarantsel Registered number.. 03692018 Balance Sheet As at 31 March 2023 2023 2022 Note Fixed assets Tangible assets Current assets 112,677 118,935 Debtors Cash at bank and in hand 12 79.950 2.008.647 237,562 1,857.919 2.088.597 2.095.481 Creditors.. amounts falling due wthin one year 13 1309.733} 1346.5701 Net current assets 1,778,864 1,748,911 Net assets excluding pension Ilabilty 1,891,541 1.867,846 De_fined benefit pension xheme liability 19 130,0001 11.888.000) Total net assets 1,861,541 120,154) Charity funds Restricled funds Unrestricted funds 14 307,642 444,774 General funds Pension reserve 14 14 1.583.899 130.0001 1.423,072 11,888,000) Total unrestricted funds 14 1.553.899 1464,9281 Total funds 1,861.541 {20,1541 The Trustees ackno￿edge their ￿SpOnsI￿"11ties for comptying wtlh Ihe requirements of the Act with respect to accounting records and preparation of financial ststements. The finaneial statements have been prepared in accordance the provisions applicable to entities subject to the small companies regime. The fin on thei en ere approved and authorised for issue by the Trustees on 24 August 2023 and signed John ew Chair of Tru51ee5 The notes on pages 18 to 38 form part of these financial ststements. Page 16

Murray Hall Communty Trust Limited 'IA Company Limited by Guarantee) Statement of Cash Flows For Ihe Year Ended 31 March 2023 2023 2022 Cash flows from operating activities Nel cash used in operating activities 156,281 181.745 Cash Ilows fr(￿ investing activities Dividends. interests and rents from investments Purchase of tangible f1xed assels Cash and cash equivalents transferred on incorwration 336 (5.889) 505 {139, 1771 1.814,846 Net cash (used inllprovided by investlng activities 15.$531 1.676.174 Cash flows from financing activltles Net cash provided by financing activities Change in tash and Cash equivalents in the year Cash and cash equivalenls al the beginning of the yeaf 150.728 1,857,919 1.857.919 Cash and cash equivalents at the ond of the year 2.008,647 1,857,919 The notes on pages 18 10 38 form part of these financk41 ststements Page 17

Murray Hall Community Trust Limited IA Company Limiled by Guarantee) Notes to the Financial Statements For the Year Ended 31 March 2023 General Information Murray Hall Community Trust Limited is a Charitab￿ company incorwrated under the Companies Act in England and Wales and registeied with the Charity Commission for England and Wales. The address of the reglstered office is gNen in the reference and administration section of these financial statements. The nature of the charitys operations and principal activities are lo promote health and wellbeing and continue lo serve In the Black Country and Birmingham areas as well as in the wKJer Wesl Midlands region. Aceounting poli¢ie$ 2.1 Basis of preparation of financial ststements The financial statements have been prepared in accordance wrth the Charities SORP IFRS 1021 Aceounling and Report"tng by Cha￿tIeS". Statement of Recommended Practioe applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) leffecb.ve 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Murray Hall Communty Trust Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transactK)n value unless othemise stated in the relevant a￿OuntIng policy. 2.2 Going concern The charitable CoMpan￿S unrestricted funds are arrived after deducting £30,000 in respect of the alculaled liability relabng to the Defined Benefft Pension Fund (Note 191. Where, under FRS 102 section 28, a charity discloses a signfficant pension furid deficit, this does not mean that an immediate liability for this amount crystsllises. In particular, the disclosure of a pension liability does not mean that the equivalent amount is already committed and is no longer available to the Trustees lo further the charitable company's objecb"ve5. The trustees are confident that the charitable company can meet r(s pension contributions from projected future income without 51gnrf￿anI impacl on its planned levels of charitable activity and so consider the eharity wll eontinue to operate as a going eonceTn. 2.3 Income All income is recognised once the Charity has entitlement to the income, il is probable that the income will be receNed and the amount of income receivable can be measufed reliably. Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for speciflc purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where enlrf(lemenl occurs before income is received. the income is accrued. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has rM)t been included in these accounts. Incoming resources from grants. where related lo performance and specific deliverables. are accounted for as the Charity eams the right to the considerats.on due by ils satisfaction of performan￿ obligations. Where income is received in advance of performance it is Irealed as deferred income and included within creditors. Page 18

Murray Hall Community Trust Limited (A Company Limited by Guarantee) Notes to the Financial Statements Forthe Year Ended 31 March 2023 Accounting policies (continued) 2.3 Income Icontinuedl Where grant funding agreements contain conditions that specfy the services to be performed in the form of a service level agreement. the condits.ons for payment are linked to the achievement of particular level of service or the units of oulput delivered. Income must only be reeognised to the extent that the Chanty has provided the s￿lfied serviees as entsllement lo the grant only occurs when the performance-relaled condib.ons are met. On receipt, donated professional services and facilitres are recognised on the basis of the value of Ihe gift lo the Charity which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market." a corresponding amount is then recognised In expenditu￿ in the period of receipt. 2.4 Expenditure Expenditure is recognised once Ihere is a legal 01 constructive obligation to transfer economic benefit lo a third paty. it is probable that a transfer of economic benefits will be required in settlemenl and the amount of the obligation can be measured reliably. Expenditure is classrfied by aclivity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each aclivrty. Direct costs attn"butable lo a single acltvtty are allocated directly to Ihal activity. Shared costs which contribute to more than one activity and support costs which are not attributable lo a single activity are apporh.oned bettveen those activities on a basis consistent with the use of resources. Central staff costs a￿ alloeated on the basis of time spent, and depreciation charges allocated on the porb.on of the asseys use. Governance costs include those costs associated with meeting the constitulional and stalutory requirements of the Charity and include audit fees a￿1 cosls linked to the strategic management of the Charity. Expenditure on raising funds includes all expendilure incurred by the Charity lo raise funds for ils haritable purposes and includes cosls of all fvndrai5ing activities events and non-charitable trading. Expenditure oft charitable activitse5 is incurred on directly undertaking the activities which further the Charity's objectives, as well'as any associated support costs. l expenditure is indusive of irrecoverable VAT_ 2.$ Government grants Govemment grants are credrted to the statement of financial acb'vilies as the related expenditure is incurred. 2.6 Taxation The Charity 15 considered to pass the tests set oul in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore il rneels the definition of a charitable company for UK corporats'on tax purposes. Accordingly, the Charity is potentially exempl from laxab.on in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to Ihe extent that such income or gains are applied exclusively lo charrtable purposes. Page 19

Murray Hall Communlty Trust Limited IA Company Limited by Guarantee) Notes to the Financial Statements For the Year Ended 31 March 2023 Accounting policies {continued) 2.7 Tangible fixed a$5ets and depreciation Tangible fixed assets costing £1,000 or more are capilalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured feliably. Tangible fixed assets are initially recognised at cost. After recrynibon, under the cost model, tangible fixed assets are measured al cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bnng a tsngible fixed asset into its intended working condition shoukj be included in the measuremenl of cost. Al each reporting dale the Charity assesses whether there 15 any indicaliori of impairment. If such Ind￿atIOn exists, the recoverable arnount of the asset is determined lo be the higher of ils lair value less costs to sell and ils value in use. kn impainnent loss ￿ recognised where the carrying amount exceeds the recoverable amount. Depreciation is charged so as to allocate the cost of lanoible fixed assets kss their residual value over their estimated useful lives. using the straighl-line method. Depreciation is provhled on the folk)wing basis: Fixtures and fittings Office equipment Other fixed assets 25% slraight-line 25% straighl-line 25% straighl-line Gains and losse5 Qn disposals are determined by comparing the proceeds with the carrying amount and ore recognised in the Statement of Financial Activities. 2.8 Debtors Trade and other debtors are recc#Jnised at the selwement amount after any trade discount offered. Prepayments are valued at the amount prepaid nel of any trade discounts due. 2.9 Cash at bank and in hand Cash al bank and in hand includes cash and short-tem highty liquid investments with a short rnaturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.10 Llabilities Liabilities and provisions are reeognised when there is an obligation at the Balance Sheet date as a result of a past event. it is probable that a transfer of economic benefrt wll be required in settlement, and the amount of the setuement can be estimated reliably. 2.11 Operating leases Rentals paid under operating leases are charged lo the Statement of Financial ACtiv￿.eS on a straighl-line basis over the lease lemi. Page 20

Murray Hall Community Trust Limited IA Company Limited by Guarantee) Notes to the Financial Statements For the Year Ended 31 March 2023 Accountlng policies Icontinuedl 2.12 Pensions The Charity operate5 a defined contribution pension scherne and the pension charge represents the amounts payable by the Charity lo the fund in respect of the yeai. Retirement benefits to empbyees of the charity are provided by the L￿al Government Pension Scheme ILGPSI. These are defined benefit schemes. and are contracted out of the Stale Earnings- Related Penswi Scheme {"SERPS'). and the assets are held separately from those of the charity. The LGPS is a funded scheme and the assets are held separately from those of the charity in separate Iruslee administered fvnds. Pension 5¢heme assets are measured al fair value and liabilities are measured on an actuarial basis using the projected unit method and discounted at a rale equiv21enl to the current rale of return on a highty quality corporate bond of equivalent term and currency to the liabilities. The actuarial valuations are obtained at least triennially and are updated at each Balance Sheet date. The amounts charged to operabng sury)lus are the current service costs and gains or losses on settlements and curtailments. They are included as part of staff costs. Past seNice costs are recognised immediately in the Ststement of Financial Activities if the benefits have vested. If the benefits have nol vested immediately, the costs are recognised over the period until the vesting occurs. The expected return on assets and the inlerest costs are shown a5 a nel finanGe amount of other finance costs or credits adjacent to interest. Actuarial gains and 1055es are recognised immediately in other gains and losses. 2.13 Fund accounting General funds are unrestricted fvnds wh￿h are available for use al the discrel+on of the Trustees in furtherance of the general obiectsves of the Charity and which have ￿t been designated for other purp05es. Restricted funds are funds which are to be used in accordance with specific Testr¢ctions imposed by donors or which have been raised by the Charity for path'cular purposes. The costs of raising and administering such funds are charged against the Specif￿ fund. The aim and use of each reslricled fund is sel oul in the notes to the financ￿1 stalements. Page 21

Murray Hall Community Trust Limited (A Company Lirnited by Guaiantee) Notes to the Financial Statements For the Year Ended 31 March 2023 Critical accounting estimates and areas of judgement In the application of the charrtatAe companys aecounb.ng policies, the Trustees are required lo make judgements, eslimales and assumptions aL￿ut the carying amount of assets and liabilities that are not readily apparent from other sources. Estimate5 and judgernents are conbnually evaluated and are based on historical experience and other factors. including expectslions of future events that are believed lo be reasonable under the circumstances. The charitable company makes estimates and assumptions concerning the future. The resulting accounts'ng estimates and assumptions will. by definition. seldom equal the related actual results. Revisions to accounting eslimales are recognised in the perii)d in which the esb.mate is revised where the revision affects only that period. or in the peric¥Y of the revision and future period5 where the revision affects both current and future perrods. Critical accounting estimates and a5sumplions.' In the view of the Trustees in app￿.ng the accounting policies adople(S. no judgements were required that have a significant effect on the amounts recognised in Ihe financial slalemenls nor do any estimates or assumptions made carry a swJnrficant risk of material adjustsmenl in Ihe next financial year. Income from donations and legacies Unrestricted Restricted funds funds 2023 2023 Total funds 2023 Donations 4.155 34.000 4.155 34.000 Donated in-kind facility 38,155 38,155 Unrestricted fund5 2022 Reslricled funds 2022 Total funds 2022 Donat￿nS DonatM)n from Murray Hall Community Trust (Chanty no. 1040170} 2.087 2,087 {1.122.421) 511,976 {610.445} {1.120.3341 511,976 1608,358} Page 22

urray Hall Community Trust Llmiled IA Company Limited by Guarantee) Notes to Ihe Flnanclal Statements For the Year Ended 31 March 2023 Incorne frorn charitable actlvities Unrestrlcted Restricted funds funds 2023 2023 Total funds 2023 The advancement of health and wellbeing 251,654 1.458,734 1,710.388 Unrestricted funds 2022 Restricted funds 2022 Total funds 2022 The advancement of health and wellbeing 183.329 2.083,969 2,267,298 Investment income Unrestricted funds 2023 Total funds 2023 Investment income 336 336 Unrestricted fund5 2022 Total funds 2022 Investment income 505 505 Page 23

Murray Hall Community Trust Limited IA Company Limited by Guarantee} Notes to the Financial Ststements For the Year Ended 31 March 2023 Analysis of expenditure by activities Activities undertaken directly 2023 Support costs 2023 Total funds 2023 The advancement of health and wellbeing 1.560.022 236.162 1,796,184 Activities undertaken direetly 2022 Support costs Total funds 2022 2022 The advancement of health and wellbeing 2.008,789 276.810 2,285.599 Anatysis of direcl costs Total funds 2023 Totsl funds 2022 Staff costs 905,793 71.000 12.147 5,881 14,719 10,168 385,967 154.347 1,424,272 75.000 64,850 10.795 24.116 27.209 173,360 209,187 LGPS finance costs Depreciation Staff and volunteer travel Recruitment and other staff costs Training and subscriptions Sessional ond subcolltracting costs Programme expenditure 1,560.022 2.008,789 Page 24

Murray Hall Community Trust Llmlted {A Company Limited by Guarantee) Notes lo Ihe Financial Statements Forthe Year Ended 31 March 2023 Analysis of expenditure by activities {¢onlinued) Analysis of support costs Total funds 2023 Total funds 2022 IT. printing and stationery Legal, professional and bank Charges Repairs and mainlenance Service charge and security costs Governance costs 48.096 15,452 10,656 150,458 11,500 56,942 53,733 48,465 105,170 12,500 236.162 276,810 Auditors. remuneration 2023 2022 Fees payable to the Charity's a[￿ltOr for the audrt of the Charity's annual accounts 11,500 12,500 Page 25

Murray Hall Community Trust Limited IA Company Limited by Guarantee) Notes to the Financial Sts¢ements Forthe Year Ended 31 March 2023 Staff costs 2023 2022 Wages and salaries Social security costs conlributs.on to defined contrtbution pension schemes 812.265 51.390 42,138 1,273,119 92,378 58.775 905.793 1,424,272 The average number of persons employed by the Chartty during the year was as follows.. 2023 2022 No. Direct charitable acb"vitses Management and govemar 37 59 42 63 No employee received ￿M￿DeratH)n amounb.ng to more than £60.000 in etther year. The lot81 amount of employee beneffts received by key management personnel is £184,724 12022 £172,191). The Trust considers its key management personnel to compnse of 4 individuals being the Chief Executive Officer. Ihe People and Culture Executive, the OperatM)ns and Development Executive and the Finance and Information Governan￿ Executive. 10. Trustees. rernuneration and expenses During the year, no Trustees reeeNed any remunerabon or other benefrts12022 - £NILI. Ounng the year ended 31 March 2023, no Trustee exrEnses have been incurred12022 - £NILI- Manjula Patel is the current Chief Executive Officer of the charity and is a full time employee who is paid an annual saL3ry. She sits on the committee bLrt is not entiued to vote. She also served on all of the sub- groups. This arrangement was formally approved by the Charity Commission on 12 October 1999. The charty has not at any time entered inlo any rnaterial transactK)ns, cnntracts or other arrangements wrth ils tnJslees, employees of any other persons. businesses or charities connected with them. The charity has paid a premium of £362 12022 £3451 in the year for Trustees professional indemnity insurance. Page 26

Nlurray Hall Community Trust Limited (A Company Limited by Guarantee) Notes to the Financial Statements Forthe Year Ended 31 March 2023 11. Tangible fixed assets Fixtures and fittings Office Other fixed equipment assets Totsl Cost or valuation Al 1 April 2022 Additions Disposals 134.472 2,145 33,673 3.744 12,500) 16,903 185.048 5.889 {2,5001 At 31 March 2023 136,617 34.917 16.903 188.437 Depreciation Al 1 April 2022 Charge for the year On disposals 18.915 31.171 1,911 {2,5001 16.027 292 66,113 12,147 {2,5001 At 31 March 2023 28.859 30.582 16.319 75,760 Net book value At 31 March 2023 107.758 4.335 584 112.677 At 31 March 2022 115.557 2,502 876 118,935 12. DebtOT5 2023 2022 Due within one year Trade debtors Other debtors Prepayments and accrued income 70.319 3,641 5,990 217,991 19,571 79.950 237.562 Page 27

Murray Hall Community Trust Limited IA Company Limited by Guarantee) Notes to the Financial Statements Forthe Year Ended 31 March 2023 13. Creditors: Amounts falling due within one year 2023 2022 Trade creditors Other taxation and social security Other creditors Accruals and deferred in￿rne 36.200 11,280 6,299 255,954 60,112 62,100 9,022 215,336 309.733 346,570 2023 2022 Deferred income al 1 April 2022 Resources deferred during the year Amounts released from prewous periods 149.046 173.529 1149.046) 149.046 173.529 149.046 Deferred income relates to grants recewed in advance of enb"Ilemenl of receipt in respect of xtivities due lo take place in 2023-24 and therapeutic services set to be delivered lo schools in 2023-24. 14. Statement offunds Statement of funds - current year Balance at 31 March 2023 Balance at 1 April 2022 Transfers inlout Gainsl (Losses) Income Expenditure Unrestricted funds General Funds Pension Reserve 1.423.072 11,888,000 290,145 (450.204) {71,0001 320,886 1,583,899 130,000) 1,929,000 {464.928} 290.145 1521.2041 320.886 1.929.000 1,553.899 Page 28

Murray Hall Community Trust Limited IA Company Lbmited by Guarantee) Notes to the Financial Statements For the Year Ended 31 March 2023 14. Statement of funds {continued) Balance at Transfers Gainsl 31 March inlout (Losses) 2023 8alanee at 1 April 2022 Income Expenditure Restricted funds Family Offer- SMBC Brickhouse Comrnunity Centre Go Play- SMBC starting Well - DHSC NHS BSOL ICB SPARCS Community Offer Community Offer- Rowley & Tipton - SMBC 10,017 85,642 186.642 132.297 (9.7701 {76.7441 {182.3181 1123.533) {2471 (6.851 (18.2471 (18.6001 31.315 14.072 43.276 33,362 149 33,440 1.975 12,064) 89 45.300 308,(KIO 1226.528) 133,000) 93,772 Sandwell Dementia Service- SMBC NHS BC ICB EWB - Sandwell CCG 8eats not Blades- Youth Muslc Breaking the Silence- Children in Need Looking Forward - Big Lottery The National Lottery Community Fund- RC Midlands Region SEIF IT Project Woltson Compassionate Communities- SCVO Esmèe Fairbairn PCN Link WorkeT- Newcomen PCN Winter Pressures - Cis {5631 81,390 13.845 320,784 213,313 {257,483 (178.5521 126,6311 1103,6791 113.8451 36,107 12,472 12,404 19,787) 11,5981 1,019 5,690 16,0431 353 31,962 130,970) 19921 15,141 8,843 50,000 97.88S {82.434 (2,7081 111.430) 16,135} 19,162 50,000 11.557 (3.289 12.2231 6.045 5,472 {3.863 12.400) {791 6.129 72,438 69.180 29,S02 150.126 128,768} (2.4521 172,9981 22,731 174 Smaller funds 444.774 1A58,734 11.274.980). (320.886) 307.642 Total offunds {20,154} 1,748.879 (1,796,184) 1,929,000 1,861,541 Page 29

Murray Hall Community Trust Limited IA Company Limited by Guarantee} Notes to the Financial Statements For the Year Ended 31 March 2023 14. Statement of funds (continued Recharges of £320,886 {2022 - £314.778) were made during the year be￿een reslricled and unrestricted funds for support services provided across the organisalion and the infraslruclure required in order lo facilitate the delivery of contracts and service level agreements. This includes all the governan￿, risk management, regulatory and legal framvworks. contract perf0mlan￿ & qualty measures, database and IT systems. finance and human resource services and strategic planning costs. The Charity portfolio of services eonb.nues to Cover a wider breadth from eaty years to end of lrfe care as follows.. Famlly Offer {Sure Slart Chlldren Centresl Due lo Covid-19 the re-tendering of the Children Centre contracts had been delayed and therefore, the contract was extended for a further year to March 2022. The Trust continued lo deliver a high-quality service that adapted well to the pandemic, which offered a blended approach. 8ri¢khousg Community Centre Following review of all community cenlres. Murray Hall wll continue lo manage this centre on behalf of Sandwell MBC. We work with the community to offer actsvilies during the week and we are looking lo increase activities al the centre. Go Play We provide a free open access to play provision in the ward areas of the towns of Rowley and Oldbury for children aged ffom 6-12 years throughout the year. The play activities lake place in park areas and community cenlres providing OPFQrtunitie5 for children to participate in fun play and physical activities. Starting Well Murray Hall is the lead agency in partnership with 8 other organisations having secured funding from the Department of Health and Social Care for this scheme running to March 2023. The aim of the scheme was to provide extra support to expectant mothers and their children from O 10 2 'A years within the high deprived local areas and black and ethn￿ Mir￿rity communitses lincluding refugees and migrant population). Bridges Support Service The contract for this SeN1￿ was extended for a further year. The service supports people living towards the last year of their lives. and their carers to ensure they are able to maintain their quality of life al home as their preferred place of care. The service provides different kinds of support depending on needs, including information, navigation and practi￿1 support. working closely wrth others to coordinate support and care in the community. SPARCS Comrnunty Offer We provided this in partnership with Agewell CIC to support people over 65 years in Sandwell lo maintain their health and wellbeing and lo reduce social isolation and loneliness. Communty Offer We provide this service across Tipton and Rowley and work closely with the commissioners and other third sector providers who cover the other towns within the LK)rough. The service has a flexible approach, supporting people wrth low level as well as complex needs. Page 30

Murray Hall Cornmunity Trust Limited IA Company Limited by Guarantee) Noles to the Financial Statements Forthe Year Ended 31 March 2023 14. Slatement of funds {conlinued) Sandwell Community Dementla Ser¥ice ISCDSI This service is provided by a prOv￿er collaborabve partnership of 8 voluntary sector organisations with Murray Hall now the lead partner. The service supports people in Sandwell with dernentia from the early on-5el of symptoms, 5UPPOrting them gaining a diagnosis and living with dernentsa to end of life care. Building Braver Minds IBBM) Following the changes within the NHS the contract for Ihe Tier 2 was Iransferred from SWB CCG to Black Country Health NHS Foundation Trust. The service provides counselling support lo children and young people in Sandwell. including providing support within the Single Point of Access wrth CAMHS for a few day5 a week. Beats not Blades This is an arts-based programme working with young people to find ways of expressing themselves through the use of art media in parb"cular through music. We work with schoo15 2nd Pupil Referral Unil {PRUI providing opportunits.es for those who participate lo gain an accredited qualificats.on (Arts Award). Breaklng Silence This service successfully secured conlinualion funding from Children in Need in February 2019. Breaking Silence is a vital service. supporting vulnerable and al risk young people aged 7 - 18 years with complex emotional wellbeing issues who are self-harming. The service continues lo provide a range of bespoke services frorn one to one sessions, group athvits.es and awareness raising workshops to parents. school staff and widei slatulory agencies. Looking Forward This is the final year of this service to support children. young peopleffarnilies service which seeks to improve the emotional resilience of vulnerable families lat risk of poor mental health) who fall below the threshold of mental health ststutory services. The setvrce seeks to iTTrprove the wellbeing of children and young people who have a history of domestic violence and abuse. separats'on and loss. The Nalional Lottery Community Fund - RC Midlands Region This grant funding is a 2-year grant following on from the Su￿sS of the oruinal Looking Fonmard service noted above. The service model delivery has been enhanced based on the evaluation of the original activity and outcomes, the model Iherelore operates a more targeted approach lo both the Childlyoung person and provides the parenvcarers wilh better understanding and strategies to 5UPPOrt the childlyoung person and empowers families lo build resilient relationships. SEIF IT Project The grant wa5 provided by Sctial Investment Business some years ago for an IT Project to develop Murray Hall's data and wmmunicatson infrastructure. Wolfson We were awarded £50k being 50% of the fvnds required to develop an onsite Digital CreatNe Centre. Due lo the CovKI-19 pandemic the project coukj r￿t be started and has been further delayed during the year. Page 31

Murray Hall Communty Trust Limited IA Company Limited by Guarantee} Notes to the Financial Staternents For the Year Ended 31 Ma￿h 2023 14. Statement of funds {continued) The Compassionate Communities Project This is a partnership with Sandwell Advocxy. wth Murray Hall as the lead. It is Esmee Fairburn funding distributed through SCVO. The aim of the project is to work with community organisalion staff and volunteers lo raise awareness of the concept of compassionate communities and lo build their confidence with discussing issues around end of life wrth the people they support. PCN Social Prescribing Link Worker On behalf of Newcomen PCN, Muffay Hall will be hostin9 a Link Worker. who will be working across 6 Primary Care practices, laking referrals from GPS to support people with low level needs lo help them to make social connections in the community. Winter Pressures I SCVO Future Foundations Working with Community in Sync to provide ￿￿ntaI health and therapeubc support to'adulls over the age of 18 years within Sandwell with mental health needs such as anxiety, depressK•n and suicidal ideation The SCVO Future Foundations winter pressures project is a time-limited proiect in partnership with other voluntary sector providers through SCVO to support children and young people with mentsl health needs. Murray Hall provides counselling and therapeutr support Smaller funds .Wami Spaces During the luel poverty crisis, Murray Hall is able to offer warm spaces within the Bridge community centre to enable local people to spend b.me in the building and stay wam). meet others, and participate in activities sueh as pu221es and book with hot refreshment. National Grid Energy to Change To provide support lo people experiencing fiiel povetty and debl wilh a budgeting programme and debt management course. Ensuring people are able to ac￿$ appropriate information for energy efficiencies, discounts, community support elc. Statement of funds - prior year Balance at 31 March 2022 Balance al 1 April 2021 Transfers inloul Gainsl {Lo5sesl Income Expen¢Jrture Unrestricted funds General Funds Pension Reserve 1.482,5(Kl (2.419.OCrf)) {374,2￿) (75.0001 314,778 1,423.072 {1,888,0001 606,000 1936,500) {449,2C61 314.778 606,ODO 1464.9281 Page 32

Murray Hall Community Trust Limited IA Company Limited by GuarantO91 Notes lo the Financial Statements For the Year Ended 31 March 2023 14. Statement of funds Icontinuedl Balance at 31 March 2022 Balance at 1 April 2021 Transfers inlout Gainsl {Losses) Income Expenditure Restricted funds Family Offer- SMBC BrickhOu￿ Comrnunity Centre Go Play - SMBC Starting Well- DHSC NHS 8SoL ICB SPARCS Community Offer Cornmunily Offer- Rowley & fiplon - SMBC 980.994 {861.6031 (119.391) 20.438 110.218 242,160 204.593 (9,3241 172,0521 (207.3201 1142.717) 111.114) (6,851) 120,768) {18.600) 31.315 14,072 43,276 . 52,758 {44.860) 15,923} 1,975 327.S49 1249.249) 133,0001 45,300 Sandwell Dernenlia Service- SMBC NHS BC ICB EWB- Sandwell CCG Beats not 81ades - Youth Music 14.017 223,127 13.845 (13,5221 1118,5581 {1.0581 {23,179} 15631 81.390 13.845 17.188 14.554) (2301 12.404 Breaking the Silence - Children in Need Looking FoNtsrd - Big Loitery The National Lottery Community Fund- RC Midlands Region SEIF IT Project Woltson Compassionate Communities - SCVO Esmée Fairbairn PCN Link Worker- Newcomen PCN Winter Pressures- Cis Smaller funds 52.852 (47,162) 5.690 (16.109) {6.7941 31.962 33.185 JO.019 50.000 118,0441 (1.1761 15,141 8,843 50,000 23.515 (10.702) 11,2561 11.557 164.622 119,441) 166.6141 78.567 2,595.945 .11.836.393) (314,7781 444.774 Total of funds 1.659.445 (2.285.599) 606,000 {20,1541 Page 33

Murray Hall Communty Trust Limited IA Company Limited by Guaiantee) Notes to the Financial Statements For the Year Ended 31 March 2023 15. Analysis of net assets betsveen funds Analysis of net assets between ￿ndS - Current year Unrestricted Restrlcte funds funds 2023 2023 Total funds 2023 Tangible fixed assets Current assets Creditors due wthin one year Provisions for liabilities and charges 112,677 1.562,801 191,579) 130,000) 112,677 2.088,597 {309.733) (30.0001 525,796 1218,154) Total 1.553,899 307.642 1,861.541 Analysis of net assets between funds - prior year Unrestricted funds 2022 Restricted funds 2022 Total funds 2022 Tangible fixed assets Current assets Creditors d¥Je wlhin one year Provisions for liatxlities and charges 118.935 1.650.707 1346.570} {1.888.0001 118,935 2.095,481 {346.5701 (1.888,000) 444.774 Tolal (464.9281 444.774 120.1541 Page 34

Murray Hall Communsty Trust Limlted IA Company Limited by Guaranteel Notes to the Financial Statements For the Year Ended 31 March 2023 16. Reconclllation of nel movement ID funds to nel cash flow from operating activities 2023 2022 Nel expend¢ture for the year {as per Stslement of Financial Acb"vities) 147.305) 1626,154} Adjustments for. Depreciation charges Dividends. interests and rents from investments Decreasel lincreasel In debt(Ks Increasel (decrease) in creditors Defined benefit pension scheme finance cost Defined benefit pension scheme finance cost less conlributions payable Transfer of assets and liabilities from Unincorporaled charity 12.147 (3361 157,612 (36,8371 46,000 25,0(Kl 64.850 15051 16, 1521 64,261 51,000 24,000 610.445 Net cash provided by operating activities 156,281 181,745 17. Analysis of Cash and cash equivalents 2023 2022 Cash in hand 2.1)08.647 1,857.919 Total eash and cash equivalents 2.008.647 1.857.919 18. Anatysis of changes in net debt At 1 April 2022 Cash flows At 31 March 2023 Cash al bank and in hand 1,857,919 150,728 2,008,647 1,857.919 150.728 2,008.647 Page 35

Murray Hall Community Trust Limited IA Company Limited by Guarantee) Notes to the Financial Statements For the Year Ended 31 March 2023 19. Pension commitments The Charity operates a defined benefft pension scheme. West Midlands Pension Fund- Main Scheme Murray Hall Community Trust Limited participates in the West Midlands Pension Fund which is administered by Wdverhampton City Council. This fund is a defined benefit arrangement. The pension cost is assessed in accordance with the advice of an independent qualified actuary using the projected unit credit method of valuation. This scheme is 5ubjecl lo a triennial review with the most recent one having been at 31 March 2022. The tot81 contribution made for the year ended 31 March 2023 was £34,000 {2022." £33,000) of which employers contributions totalled £27.000 12022." £26,000) and employees, contributions lotalled £7.000 {2022". £7,000}. The agreed contn"bulion rates for future years are 29.8% per cent {primary rale of 22.9% plus secondary rate of 6.9Qkn} for employers and 5.5% _ 12.5Qh per cent for employees. Principal actuarial assumpb.ons at the Ba]ance Sheet date (expressed as weighted averages}'. At 31 March Al 31 March 2023 2022 Discount rate Future salary increases Future pension increases 4.75 3.95 2.75 4.15 2.95 3.15 At 31 March At 31 March 2023 2022 Years Years Mortality rales lin years) for a male aged 65 now - at65 for a male aged 45 now - for a female aged 65 now - al 65 fora female aged 45 now 21.5 20.8 23.5 21.2 22.9 23.6 25.4 25.1 Page 36

Murray Hall Comrnunity Trust Limited IA Company Limited by Guarantee) Notes to the Financial Slatements For the Year Ended 31 March 2023 19. Penslon commilments l¢ontinued} The Charity's share of the assets in the scheme was.. At 31 March At 31 March 2023 2022 Equities Bonds Propety Cash 2,062,000 667,000 212.000 91.000 2,046,000 672,000 214.000 122.000 Total fair value of assets 3.032.000 3.054,000 The actual retum on scheme assets was £{16.OCQI {2022 - £250.000). The amounts recogntsed in the Statement of Financtal Acbvities are as follows.. 2023 2022 Current servits cost Interest income Interest eost 46,000 184,000} 136,000 51.000 158,000) 108,000 Total amount recognised in the Statement of Financial Activities 98,000 101,000 Movements in the present value of the defined benefit obligation were a5 follows.. 2023 2022 Opening defined ￿nefit otAigation Contributions by scheme participants Current service Cost Interest Cost Actuarial gains Benefits paid 4,942.000 7,000 46,000 136.000 (2.013.000) (56,0001 5,255,000 7.000 51,000 108,000 1431,000} 148.000) Closing defined benefit obligation 3,062,000 4.942.000 Page 37

Murray Hall Community Trust Limited {A Company Lirnited by Guarantee Notes to the Financial Statements For the Year Ended 31 March 2023 19. Pension commitments Icontinuedl Movements in the fair value of the ChanVs share of scheme assets were as follows.. 2023 2022 Opening fair value of scheme assets Interest income Actuarial gains Contributions by employer Contributions by scheme parb"cipants Benefits paid 3,054,000 84,000 184,0001 27.000 7.000 {56.000) 2,836.000 58,000 175,000 26,000 7,000 (48,000) Closing fair value of scheme assets 3.032,1]00 3,054.000 20. Operating lease commitments At 31 March 2023 the Charty had commitments to make future minimum lease payments under non- cancellable operats.ng leases as follows- 2023 2022 Not later than 1 year Later than 1 year and not later than 5 years 169 338 507 The St. Marks Road (The Bridge) property was occupied on 2 30 year lease with Sandwell MBC on 2 peppercorn rent, Ythich commenced in October 2013 under the unincorporated charity and transferred to Murray Hall Commuoity Trusl Lirnited in 2021. 21. Related party transactions During the year the Charity received £Nil 12022.. £350) and paid £1,450 {2022. £828) lo Locality UK Limited. The charity paid £Nil 12022." £1,101) to Compassionate Communities UK. These organisalK)ns are related by virtue of the fact that M Patel is a trustee in both organisations. 22. Controlling party The ultimate controlling party is the Trustees of the charitable company. Page 38