NORTHeRN STAR OJlvlMUNI 11,Y. Report and Financial Statements Northern Star Community Arts Year Ended 31 March 2025 Registered Company in England No. 04403293 Registered Charity No. 1097090 Chelmsley Wood Baptist Church Hedingham Grove Chelmsley Wood B37 7TP Solihull COMMUNITY r f -f FUND heart of england TAree Treej, Chairs Report Securing funding is never easy, and this year brought its share of challenges. Yet. it has also been a year of growth and purpose, as we shifted our focus to stand alongside some of the most marginalised groups in our community. This work is not always simple, but it is deeply meaningful-and it reflects our commitment to equity, dignity, and inclusion. We are profoundly grateful for the vision and support of our Board of Trustees, whose leadership has been instrumental in guiding this transition. With their encouragement, and the steadfast generosity of our wider community, we look to the future with hope. Together, we are building pathways for change and ensuring that those who are often overlooked have the opportunities, support, and voice they deserve. Looking ahead, we're excited to explore even more new opportunities, strengthen our relationships, and serve even more people in the coming year. Our commitment to the 3 Beans Kitchen, which has had our full support is already bearing fruit. More than just a café, it has become a Pla￿ where people gain meaningful employment, build new skills, and find a sense of belonging. Its success shows the power of investing in people and creating opportunities that can transform lives, as well as being a friendly, hub that cooks good honest affordable food for the local community. The continued societal changes and challenges we all face are a continuous guiding light for the direction of our work, funding and support we give the community. We are proud of our ability to adapt our ways to follow this light and will continue to do so beyond our hugely successful 23 years. Kris Chase-Byrne Chairperson Report & Financial Statements For the Year 1¥t April 2024 to 31st March 2025 Contents Pages Company Information Directors and Trustees Report Examiner's Report Balance Sheet statement of Financial Activities Notes to the financial statements 8-10 For the Year 1st April 2024 to 31* March 2025 Report & Financial Statements Directors and Trustees:. Emma Chidler Amy Firkin (appointed November 2024) Kelvin McArdle Catherine McNicholl Robert Nicholas Parker Maxine Williams (resigned November 2024) Treasurer;. Ashleigh Houghton Chalrperson:. Kris Chase-Byrne Reglstered Offlce & operatlonal address :. The Baptist Church Centre Hedingham Grove Chelmsley Wood Solihull B37 7TP Princlpal Bankers: Lloyds Bank PLC Victoria Report & Financial Statements The Directors and Trustees present their report together with the financial statements of the charity for the year ended 31st March 2025 Structure, Governance and Management The Northern Star Community Arts Limited is a company limited by guaran188 and a registered charity governed by a memorandum and articles of association. The Dir8Ctors of th8 charitabl8 company I'the charity,) are its trustees for the purpose of charity law and within this report are collectively referred to as the trust88S. Potential new trustees are identified in accordan￿ with the developing s8rvice and business needs of the Charity, usually on the recommendation of the working groups that advise the Board from time to time. Final appointment follows a period of probationarylobserving attendance at board meetlngs. Statement of Dlrectors Responsibilltles Company law requires the Directors to prepare financial slatemènts for each financial year which glve true and fair view of the state of affairs of the Company and of the surplus or deficit for that period. In preparing those financial statements, the Directors are required to select 5Ultable accounting pollcies and then apply them consistently; make judgments and estimates that are reasonable and prudent., prepare the financial statements on the going concern basis unless It is inappropriate to presume that the Company will continue in business. The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Company and to 8nable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assels of the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Onb If of th Board Kris Chase- Chairperson Date.. l¥. L( .Ir . yrne Independent Exarniners Report to the Trustees of Northern Star Community Arts I report on the Accounts of the company for the year ended 31 March 2025 Responslbilities and basis of report As the charity trustees of the Charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Act,). I report in respect of my examination of the Charity's accounts carried out under sectlon 145 of the 2011 Act and in carryin9 Out my exarnination I have followed all the applicable dlrections given by the Charity Commission under section 145(5)(b) of the Act. Independent examlnerfs ststement I have completed my examination. I confirm that no mater181 matters have come to my attention in connection wlth the examination giving me cause to belleve that In any materlai aspect- 1) accounting records were not kept In respect of the Charity as required by section 130 of the Act. or 2) the accounts do not accord with those records,. or 3) the accounts do not comply with the appllcable requirements conceming the form and content of accounts set out in the Charitles (Accounts and Reports) Regulatlons 2008 other than the requirement that the accounts give a true and fair view which18 not a matter considered as part of an independ6nt examlnatlon. I have no concems and have come across no matters in connection wlth the examlnation to which attention should be drawn In this report in order to enable a proper understanding of the accounts to be reached. Slgned.. Trevor Prickett Address.. Hallcroft Way, Knowle. Sollhull Date: 11. 11.2f Northern Star Community Arts Balance Sheet as at 31 March 2024 Notes 2025 2024 Fixed Assets Tangible Assets Current As96ts Cash at Bank 5,034 13.500 88 Debtors 18,534 86 Creditors: amounts falling due Within one year Net Current Assets Net Assets 86 18,534 Repre8ented By Unrestrlcted funds 14,214 (1,9041 Restrlctsd funds 4,320 1,990 Total funds 18,534 86 The D1￿CtorS are satisfied that the Company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required an audit in accordance with section 476 of the Companies Act 2006. The Directors acknowledge their responsibilities for-. i) Ensuring that the Company keeps accounting ￿COrdS which comply with section 386 and 387 of the Companies Act 2006 and ill Preparing accounts which give a true and fair view of the state of affairs of the Company as at the end of the financial year in accordance wth the requirements of section5 394 and 395 of th& Companies Act 2006 ￿lating to finanGial staternents, so far as applicable to the Company These financial statements have been prepared in accordanGe with thè special provisions of Part 15 ofthe Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities {effecttve from April 2008). Approvèd by the Board and signed on their behalf Chairperson Kris Chase-Byrne Date Northern Star Community Arts statement of Financial Activities (Including Income and Expenditure Accounts) for the perlod ended 31 March 2024 Noles Unrestrlcted Restricted Fund8 Funds Total Funds 2025 Total Funds 2024 Income Donations & Grant8 39,445 46,613 86,058 57,112 {incl Debtors) Total Incoming resources 39,445 46,613 86,058 57,112 Re80urces expended Staff Costs 23,145 29,008 70 52,153 47,784 Management Premises 70 2,517 2,517 411 2,212 168 Staff Ivolunteers Expenses Professional fees 110 301 428 462 412 MaterialslArtlsts 5,277 548 1.003 5,277 574 1,015 General Costs Hcspitality- Sessional and 26 12 453 4.407 Freelance Staff Events 588 588 135 PubliGityllnformation 424 424 557 Insuran 662 662 S15 Equipment Misc. 457 3,000 457 3.000 1,172 3 Beans Cafe. 10090 Total Resources expended Net movement in funds 23,327 44,283 67,610 68,005 16,118 2,330 18534 110,893) Total Funds at 1 April 2024 Tfr from Resticted (1.904) 1,990 Total Funds at 31 March 2025 Northern Star Community Arts Report & Financial Statements Notes forming part of the financial statements for the period ended 31 March 2025 The financial statements have been prepared under the historic cost convention and in accordan￿ with the Financial Reporting Standard for Smaller Entities (effective April 2007), the Companies Act 2006 and follow the recommendations in Accounting and Roporting by Charities.. Statement of Recommended Practice issued in March 2005. Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities in the year in which they are received. Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable. Resources expended are recognised in the period in which they are incurred. Resources expended inc5ude attributable VAT. which cannot be recovered. Depreciation is to be applied to major Capital Expenditure, such as Property purchased & not to items funded for Specific Projects. Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds. Restricted funds are to be used for specific purposes a5 laid down by the donor. Expenditure, which meets these criteria, is charged to the fund, together with a fair allocation of management and support cost. A Pension Scheme is operated for staff. The charity Is exempt from Corporation tax. 10 Northern Star Community Arts Notes forming art of the financial statements for the year ended 31 March 2025 Movement in Funds:. Unrestricted Fun At 1 Aprll 2024 Income Expenditure At 31 March 2025 General Fun (£143) Community Well (£1,761) TOTAL (£1,904> £12,445 £27,000 £39,445 £7,085 £16,242 £23,327 £5,217 £8,997 £14,214 At 1 Aprll 2024 Income Expendlture At 31 March 2025 Joseph Henry Collins Charity £750 £597 £153 Grlmatt Trust £1,200 £980 £220 Joseph Hopkins Trust £430 £430 Nll Heart of England Winter Support £4,035 £4,035 Heart of Englanf Inclusive Communitles Fund £30,340 £30,340 The Big Lottery, Reaching Communities Stsps to the Real Me £1560 £6288 £7,901 (£53) Grantham Yorke Trust £4,000 £4,000 Totals £1,990 £46,613 £44,283 £4,320 Northern Star Community Arts 2. Staff costs £52,153 The average number of persons employed by the charity during the year was as follows.. There are no employees whose emoluments ex￿ed £60,000 throughout the year. None ofthe Directors received any emolurnents during the year. 12