COMPANY REGISTRATION NUMBER: 03071683 CHARITY REGISTRATION NUMBER.. 1097702 Sandwell Community Information and Participation Service Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2025 FORTUNA ACCOUNTANTS LIMITED Chartered Certified Accountants Hilton Hall Hilton Lane Essington South Staffordshire WV112BQ
Sandwell Community Infomiation and Participation Service Limited Company Limited by Guarantèe Flnanclal Statemonts Year ended 31 March 2025 Page Trustees, annual report {incorporaling the director's report) Independent examiner's report lo the trustees Statement of financial activities (including income and expenditure account) Statement of financial position 10 11 Notes lo Ihe financial statements 12 The following pages do not form part of the flnanclal statements Delailed statement of financial activities 21 Noles to the detailed statement of financial activities 23
Sandwell Community Information and Participation Service Limited Company Limited by Guaranlee Trustees. Annual Report (Incorporating the Directorfs Report) Year ended 31 March 2025 The Iruslees, who are alsts thÈ directors for the purposes of company law. present their report and the unauditèd financial statements of the charity for the year ended 31 March 2025. Reference and admlnlstratlve detalls Reglstered charfty name Sandw911 Comnwnity Information and PartiCiP81ion sè¢? Limited Charity r•glstratlon numbgr 1097702 Company reglstratlon number 03071683 Prlnclpal office and registerad 2nd Floor office The National Melallorming Cent 47 Bimingham Road West Bromwich West Midlands B70 6PY The trustees Mrs A Docker Mrs H Arnin Mr A D Averis Mrs E E Dunn Ms G Francis Ms K Y C Gordon Mrs J Grantham Miss J Haydon Ms M Lipton Miss J E Purc811 Mr T Purcell Ms S Smith Mr M J Spencer Mr L Turner Ms E Pluntrner Mrs T M Flannagan (Resigned 28 September 20241 {Appc4nled 28 September 20241 IAppc4nted 28 Seplemb8r 20241 Company s•er•tary Ms J Macmillan Ind•pendènt gxaminer Kale Wrlght FCCA Hilton Hall Hilton Lane Essington South Slaffordshire W1112BQ
Sandwell Community Information and Participation Service Limited Company Limited by Guarantee Trustees, Annual Report Ilncorporating the Direclor's Report) (conihl} Year ended 31 March 2025 StrueturÈ, govèrnanc• and management la) Gov8min9 document Sandwell Community InloTm8tion and Participation Setvice Limited {formerty known as Sandwell Tenants and Residents Federation Limited) achi8va(J charitable status on 28 May 2003 IregisteTed numter 10977021 and is a company limited by guarantee Iregislered number 030716831. Ib} Organisational structure Sandwell Community Infomalion and Participation Serwice Limited ISCIPSI has a management committee of up to 15 m8mbers who mèÉl règularfy and are responsible for the strategic direction and policy of the charity. A scheme ol delegation is in place and day lo day responsibility for the provision ol services rests with a manager, Jan M8cmillan who is responsible for ensuring that the charity delivers the rViCeS specified. Thg rnanager has responsibility for ensurfng the day lo day operational management ol the charily, individual superlision Df the staff learn alld 8n5urin9 that the staff team continue to develop thebr skills and working practices in line with good practice. Icl Appointment of trustees The directors ol the company are algo charity trustees for th8 pvrp0se5 01 charily 18w. Thè company was esiablished under a M8mtsrandum of Association which established the objects and p¢)wers ol the charitable company and is govemed under its Articles of Association. In the evenl of the company bglng wound up members are required lo contribtjtè an amount Mt excèading E1. Under the requirem8nls of the Memorandum and AJ1icles of Association trustees arg elected to the management ¢oJntnittee to serve for a period ofiJp lo three years after which Iruslees must be re-elected at the next annual 98neral meoting. {dl Trustee induction and training New trusteés undergo an orienlalion day to brief them on legal obligations under charty law, the content of the charivs Memorandum and Articles of Association, the cornmittee and decision maklng process and ihe recent fin8nci81 p8rfomancè of the charity. During the induction they meet key employees and other tr4Jstees and are supplied with 8 comprehensive board manual contsining copies of all current policies and produre$. Trustees are encouraged lo attend approprtate external training events where thesè will laciliiale th6 understanding of their role. lel Risk management The trustees havè examined the major strategic, business and operalK)nal issues which the organisation faces. They confirrn that systerns are in place lo enable regular rePts lo be prjU(9d so that necessary steps can be 18ken lo reducè risks.
Sandwell Community Information and Participation Service Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Dir8¢torfs Roport) InineI Year ended 31 March 2025 Objectives and activities The objècts and principal activities of the charjty are lo promote the benefits of the residents of the Melropolilan Borough of Sandwell ISMBCI in the Wesl Midlands by associating the residents. local authorities and voluntary organisations with thè common aim of.. {al advancing education, prolecllng hgalth and relieving povety or sid¢n8$s and {bl provKling or assisting in the provlsion of facilili85 in Ihe intgrèsts of social welfare for recreation and leisure time occvpation. In order. therefore. to fulfil lis objects and principal artivitiès the charity provides support, information, training arvj advocacy lo lenanl 8nd ¢ommunily groups in the Metropolitan Borough of Sandwell, thus aiming to provide commtjnilies with thè confidence and skill to enable them to inffluence decisions whi¢h affect their homes and envifonrnent.
Sandwell Community Information and Participation Service Limited Company Llmited by Guarantee Trustees. Annual Report {In¢orporating Ihe Direclor's Report) {ntInued) Year ended 31 March 2025 A¢hl*vements and performance a) Continued d¢liv¥ry of core services We have continued to deliver seNce$ and support lo lariants and residents, groups across Sandwèll and have attended 96 Gommunity meeting5 throughout the year, which ware atlended by a total 01464 residents. DLJring the y88r. 6 Board meetings and 5 general open meetings were held. In addition. we prOdUd and circulated 13 newslellers and uploaded over 749 news and funding articles on our website, which were viewed ovei 50,000 time5. In September 2024, we hosted our AGM wth the SMBC'S Head of Customer Experience 88 a keynote speaker. bl Supportirvj the delivery of the n¢w houslng rggulatory framework Al social landlortls musl 8dhere lo the new regulatory frameworf( lor Social Housing. Sandwell MBC is in règular contact wilh the Regulator and has developed 3 transft)mialion plan for the housing service. SCIPS have a role to help ensurè that tenants, views influence the delivery of the transformation plan. In addition, w8 provide regular support lor the Tenant Audllor Group, who undertake a detÈlled examination of frontline housing services, producing an action plan designed to Improve the customer experience. Throughout 24125, we delivèred 5 training sessions lo 45 frontline housing staff around the new framework and tenant engagemènt. Wa are observers on the Fire Safely Board, which has a legal responsibility to ensure building safety in high-risk buildings. We advertise opportunities for tenants to gèl involv¢d in housing initiats.ves through our monthly newsletters and social media. cl GrowirYJ and devdoFing Tenanls and Residents Associations ITRA'S) The granl recewed from SMBC enables us to provide ongoing advice and support to tenants and residents. assoGialions acr055 Sandwell. We regularfy encourage our TRA'S lo engage in the housing service, bLJt we also support Ihem to deliver a range ol community activities. We have supported groups to plan and advertise fvn days, develop g8rdening projects and set up regular aclivities such as coffaé momin95 and Graft groups. We have established a quarterly network ev¢nt for TRA. which provides them tr opportunity to nefv4ork and work on eommon issues. Wè &rurage tho group to set the agenda and have provided training and support around common issuès such as safeguarding, dealing with conflict, building safety in high-rise buildings. planning events and producitYJ MaetIng materials. dl Delivering Digi-cornfft Power Up Our Digi-comm Power Up programme Is delivered in partnership with St Abans Community AssOcialn and is fund8d by the &'g Lottery. Ovei the last 12 months, w6 have continued to deliver frontline digital support to a Vde rangé of differènt groups across Sandwell, including". Delivering 40 training courses in 8 community venues involving over 130 participants. SuppOrn9 2g families lo use digital to chart their children's progress and to access childcare and schixA placernenls. Supportlng 29 older adults with digital support packages. In March 24 we were commissioned by SMBC to provide digital support as part ol Iha Welcoming Spaces Programme. We delivered a total of 32 sessions in 4 venues involving 74 participants. In addition to delivering digital activities, we 8lso undertook a delailed survey, which has provided us with valuable infomation on the current status ol digital in the community. As part of the Partnerships succession planning, we have developed a new 6-session digital course around the cost-ol-living crisis, which we will be plloting over spring 2025.
Sandwell Community Information and Participation Service Limited Company Llmited by Guarantee Trustees, Annual Report (Incorporating the Direclorfs Report> (contlnu•d) Year ended 31 March 2025 el hAarketing and Membership Strategy In 2024, SCIPS Board agreed lo invest in 8 marketing and rnembership strategy lo help promote the organisation and ensure we provide informth'on and support tt)al is relevant lo our membership. We undertook 8 Survey to estsblish what our members fell was important to them and to identify what thè benefits were ol being part of ihe organisation. We developed a new database enabling us ID gather more detailed infom)ation aLK>ut our mernber5. We revamped oui publicily leaflels and developed a new website. The website now allows members to access fact sheets on key topics and all SCIPS policies and procedures. We have established a regular programme of promotKJnal activities to raise the organiSat)n'$ profle and attract new membtrrs. f) Hateley Cr055 Big Local We hav8 continued to support the Hateley Cross Big Local Partnership to delivèr their local community plan. We hav& supported 9 Partnership meeliros and 2 away days to ensurè the programme conttnues lo deliver valuable initi8tlV8s. proj8cLs and èvènts lor the local community, including.. Completion of a major Green Space Strategy. whieh has funded improvements on 5 green sP8ces a¢ross the area. A bespoke Young Voices project which works with local primary school pupils delivering acthiities and initiatives that build confidence. social responsibility. and encourage engagernent in the wider community. A CommLtnily NavatOr Project delivered by Sandwell Con50rtium. which provided a wide range of support to local people to enable them lo access relevant local SerVis. Over its lifetirne, the project worked wth 459 local fesidenls. The Parinership has also spent considerable time measuring the impact of the programme and developing the legBcy that will be left when the prograrmie flnishes In Drnber 25.
Sandwell Community Information and Participation Service Limited Company Limited by Guarantee Trustees. Annual Roport (Incorporating Ihe Dire¢tor's Report) Icontlnuedj Yèar ended 31 March 2025 Financlal rèvlèw SCIPS is reliant upon the income derived from grants it receives from organisalions Such as Sandwell Metropolitan Borough Council ISMBCI and olher grant-making organisalions. The Service Level Agreemenl ISLAI with S8ndwell MBC runs unl5131 Mar¢h 2026. On 4 May 2023 we commenced delivery ol the succession to our Digi-comm projecl. Di9i-Comm Pc)wer Up after sg¢uring a £362,250 grant, over three years. from Ihe National Lottery Reaching Communth'es Fund. The Statement of Financial Activbthes shows 8 gross income of £426,419 12024 - £571,743) and expenditure of £460,30912024 £530.9741. The reserves are primarily to cover the development and future running expsnses ol all aspects of the organisalion. The ex$$ unrestricled reserve will be used lo pilot a¢tivilies and inltiètives which will enable SCIPS to secure funding for new areas of work in the lulure. Reserves pollGy The trustees have established a policy whereby thè unrèstrictèd funds not committed or invested in tangible fixed assets I'lhe free reserves") held by the charty should be approxirnalely 6 months. basie running costs and polential redundancy costs. which equate to approximalely£100.000 in general funds. PLANS FOR FUTURE PERIODS al Supporting the delivery of the new hjusing regulaiory Iramework We will continue to support tenants lo engagg in the ngw housing iegijlatory framework. Our ongoing work with the Tenant Auditors Group enables the council to have a unique perspethve into seNice improvement from a tenant's perspective. We will work with SMBC and Ignants to co-design a new T9nanl Engag8m8rbt Slrale9y lor Sandwell. bl Delivery of the Digi-comm Power Up Project Wè will successfully complèt6 the final year of the Digi-comm Power Up projecl. We will continue lo deliver our Digi-comm courses in bcal community centres, support Iwal families wlh their childT8n's development and support older pegple in the community through our digital support packages. In addition, we will pilot our new Digi-save course. evaluating it tc> establish if il delivers the outcomes we planned. Once completed. we will decide rf we wanl to develop the programme lurther and roll it osJt across Sandwell. cl Support to H8teley Cross Big Lo¢al Partnèrship We will support the Partnership lo deliver the final year Df the Haleley Cross Big Local CommLJnity Plan. The Partnership will have achieved the full speThJ on the project, having allocated all its available resources. The group will be celebrating the success ol the prq'Èct with a big event in the summer and ensure the legacy will carry on bèyond the Ixjrrènt funding. él Funding Strategy and Business Plan SMBC are in the process of negotiating 8 new grant agreen*nt with SCIPS, which will prowde funding 01 £150k per year lor 3 year5 starting in 2026. We will be developing a funding strategy to replace
Sandwell Community Information and Partlcipation Service Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (+11$} Year ended 31 March 2025 both our Digi-comm Power Up Project and Haleley Cross Big Local project, which will finish this coming year. The Board will be workin9 Wlth our members lo produce a new business plan tor 2026 onwards. Small company provlsSonJ Thls report has been prepared in Bccordance with the provisions applicable lo companles entlded lo the small companies exemption. Thè trustèès, annual report was approved on 27th August 2025 and signed on behalf ol the board of Srustees by.. Ms J Macmillan Charity Secretary
Sandwell Community Information and Participation Service Limited Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Sandwell Community Information and Participation Service Limited Year ended 31 March 2025 report to the trustees on my examination of the financtal ststements of Sandwell Community Information and Participation serVe Limrted llhè tharityl for the year ended 31 March 2025. Re5pon$ibilltl•$ and basis of r•pcl As Ihe truslees of the company land also its directors for lh$ purpos$$ of company lawl you are sponsible for the preparation of the financial statements in accordance wlh the requirements of the Cofftpanie5 AGt 20061'the 2006 Act'l. Having salisfied myself that Ihe accounts of the company are not requlred to be audlled under Part 16 of the 2006 Act and are eligible for independent examination, I rerK>rt in respeet of my examination of the charity's accounts as carried out under section 145 of the Ch8ri1ies Acl 2011 1.lhg 2011 Act'l. In ¢arwng out my examination I havè followed tho D1CtionS given by the Charity Comrnission L5ndèr section 14SISllbl of th8 2011 Ad. Indèp•ndent examlnerfs ststement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confimi that l am qualifd lo undertake the exafflination b8Gause l arn a registered member of The Association of Chartered Certified Accountants IAGCAI, which is one ol the listed bodi8S. I have completed my examinaiion. I confirm that no matters h8v8 corne lo my attgnlion in (xtynnection with th8 examination giving me cause lo believe.. accounting records were not kept in SpeCt of the ¢harlty as reqUId by se¢tlon 386 of the 200S Act., or th8 finanGi81 stalem8nts do not accord Mth those rac£Jrds', or the financial statemonts do not comply with the a(xounting r8quirem8nts of s8Ctioll 396 01 the 2006 AGI other thAn any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independenl examination; or the financial statements have rKt been prepared in accordance wth thg methods and principles of the Statement ol Recommended Piactice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appIable in thè UK and Republic of Iland IFRS 1021.
Sandwell Community Information and Participation Service Limited Company Llmited by Guaranlee Indepondenl Exarniner's Report to the Trustees of Sandwell Community Information and Participation Service Limited (¢onrinuo¢11 Year ended 31 March 2025 I have no ¢on¢erris and have come across no other matters in connection with tha èxamination to which attention should be drawn in this rewrt in order to enab a proper understanding of th8 accounts to be reached. Kale Wright FCCA Independent Kane[ Hilton Hall Hilton Lane Essington South Stallordshire WV1128Q
Sandwell Community Information and Participation Service Limited Company Llmlted by Guarantee Statement of Financial Activities {including income and expenditure account) Year endad 31 March 2025 2025 Restricted funds Total funds Total funds 2024 Unrestricted funds Note Incomè and èndowments Ch8ritablè activities Other incorning resources Investment income 150,000 12 2,503 273.gJ4 423.904 12 2.SC13 564,916 4.424 2,403 rotal income 152,515 273.904 426,419 571,743 Expendlture charitab Activities Governance Costs 124,959 31,454 307,204 432,163 31,454 502.491 28,483 9.10 Total expenditure 156.413 307.204 463,617 530.974 Net lexpendilureifincome and not movèmènt In funds 13,8981 133,3001 137,1981 40,769 Reconciliation of funds Total funds brought forward Total funds carrled forward 144,286 98,367 242,653 201,884 140,388 65,067 205,455 242,653 The statement of financial activities includes 811 gains and losses recognised in the year. All inwme and expenditure derive from continuing acliyilie5. Tho not¢s on pages 12 to 19 fowm part ol thes& flnan¢ial $tat8monts. 10
Sandwell Community Information and Participation Service Limited Company Limited by Guarantee Statement of FinanGial Posltion 31 March 2025 2025 2024 Note Fixed assets Tangible fixed assets 15 1,322 2,210 Currènt assets Debtors Cash at bank and in hand 16 1,627 218,216 1,652 246,550 219,843 248,202 Creditors.. amounts falling due wfjthln on• yar Net cuThent a660ts 17 15.710 7,759 204,133 240,443 Total assots less curront Ilab51iti05 2QS,455 242,653 Net assèts 205.455 242.653 Funds of thg charity Restricted funds Unrestricted funds 65.067 140.388 98,367 144,286 Total ¢harlty funds 18 205.455 242,653 For the year ending 31 March 2025 the charity was entiU9d to èX8mplion from audit under section 477 of the Companies Act 2006 relatsng to small compans. Directors. responsibilities. The members hav& not requlred the company lo obtain an audit of ts financial stat8mants for the year in question in accordance with sèctk)n 476", The clirectors 8¢knowledge their regponsibilities lor cornplying wilh lh8 r8quirèmènts of thè Acl th respect to accounting record5 and the preparation of financial statements. These financial staternents have been prepared in accordance with the provisions applicable to CoMpanS subject to the STn811 companie$, regime. These finaniyal stal8mènts were approved by the board of truste8s and authL)rised for issue on 27th August 2025, and arè signad on bèhalf of the board by.. Mrs A Docker Director The notss on pagos 12 to 19 fomi part of th9$0 finan¢ial stat•m8nt$.
Sandwell Community Infomiation and Participation Service Limited Company Llmited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 General information The ¢harlty is a publSc benefit entity and a prNate company limited by guarantee. registered in England and Wales and a registered charity in England and W8le5. Th& addréss of the registered office is 2nd Floor. The NatK)nal Metslforrning Cenlre. 47 Birmingham Road. Wèsl Bromwich, West Midlands, B70 6PY. Stat•mgnt of compliance Thesè financial statements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland,. the Ststement of Recornmended Practice appluble to charili8s preparing Ih8ir 8¢counls in 8¢eord8nce with thè Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 IGhartties SORP IFRS 10211 and the Companies Act 2(X)6. Accountlng pollcles Basi$ gf preparation The financial statements have been prepared on the hislorical ¢osl b8SIS, as modified by the revaluation of certain financial assets and liatrAlities and investment properties measured at fair value through income or 8xpendilur8. The financial statements are ppared in sleding. which is the functional currency of the entity. Going concern There afe no material uncertainties aboul the cha¥ity's ability to continue. Fund accounting unstrICted funds are available Iiy Bt Ihe discretion of the trustees to further any of the charitys purposes. Designated funds are unreslricled funds eamarked by the Iruslees for particular lulure project or commitment. Restricted funds are subjected lo re5th'ctw)ns on their expenditurg declared by the donor or through the terms of an appeal, and fall into one of Nvo sU¢lasses.. restricted inrne funds or endowmenl funds. 12
Sandwell Community Information and Participation Service Limited Company Limited by Guarantee Notes to the Financial Statements l¢orrflnu8dJ Year ended 31 March 2025 Accounting pollelès {¢oytrlinu•d) Incoming rèsources All incomiro resources are in¢ludèd in the statement of financial a¢tiviti6s when entitlement has passed lo the charity,. it is probable Ih8t the ewnomic benefits associated with the IransactK)n will flow to the charity and the amount can be réliably measured. The following specthc polie¥ are applieil to particular catagoriès of income.. income Ir(>m donations or grants is recognised when there is evidence of entitlement to th8 grft, rec8ipI is piobable and ils amount can be measur9d reliay. 189acy income is recognised when reIpt is probaNe and entitlemenl is established. income from donated goods is measured at the fair value of the go($ unless this is impraclical lo measure reliably. in which case tho value is derived from the cost lo Ihe donor 01 the gstimated resale value. Don8tèd t8eilities and services are recognised in the accounts when reIved Il the value can be reliably measured. No aNKsunls are included for the contribution of general vc)lunt88rs. income frorn ¢ontracls for the supply ol services is recognis6d wilh the delivery of Ihe contracted serrfice. Thi5 is Gl35sified as unrestricted funds unless the is a contractual quirement lor it lo be spent on a partiujlar purpose and relum8d if unspent. in which case it may be regarded as restricted. Resources expendod Expenditure is rpwgnised on an accruals basis as a liabilty is incurred. Expenditure includes any VAT which e8nnot bè lully recovett, and is classified undèr headi5 of the statement of financial activities to which it relatés.. expendtture on raising funds includes the ¢osls of all fundraising activities, events. non-charilable trading activilios, and the sale of donated goods. gxpenditure on charitable activities include5 all cos15 incurred by a charity in undertaking activities that further its Charitable aims lor the benefit of rts beneficiaries, including those support costs and costs lating to the governance of the charity apportioned to chariiable activities. other expenditure includes all expenditure thal is neither related lo raising tunds lor the charity nor part ol ils expenditure on charitable activities. I c051$ are allocated to expenditure caleg0riè5 reflècting the use of the resource. Direct costs attributable lo a sillgle activity are allocated directly to that activily. Shared eosis are apportioned between the acts'vities they contribu18 to on a reasonable, justifiable and consistent bas. Tangiblg assets Tangible assets are initially record8d at ctsst, and subsequently statèd al cost less any a¢cumulated depreciation and impairment kisses. Any tangible assets carried at rèvalue(I mounts are recorded at the fair value al ihe dale of revaluation less any subsequent accumvlaled iJeprgGlation Ènd subsequent accumulated Impairment losses. 13
Sandwell Community Information and Participation Service Limited Company Limited by Guarantee Notes to the Financial Statements Icontinuvdl Year ended 31 March 2025 A¢¢ountlng pollclgs (¢trnlirttMdJ Tanglble assèts (cofrTrllnuwlJ An increase in the canyiThJ amount of an asset as a resull of a revaluation, is recognised in other rec(rynised gains and ltssses, unless il reverses a charge for irnpaimenl Ihal has previously been recnised as expenijiture within the stslemenl of financial activities. A e¢aSe In the carrying amount of an assel as a result of revaluation. is recognised in other recognised gains and Ioss8S, except to which il offsels any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the slatemanl of financial activities. Depreciation DeprèciatK)n is calculated so as to writa off the cost or valuabon ol an asset, lass its residual Value. overthe useful econonNc life of that asset as folltsws= Fixtures aThJ fittings 15133Q/o on a straighl-line basis Impaimwnt of fixed assets A review for indatOrS of iTnpairm8nt is carried uut at each reptsrttng date, with Ihè recoverable amount being eslimaled where such indicators &xlsl. whe the ¢8rwng value ex¢eeds the recoverable amounl, the asset is impaireil accordingly. Piior impairrnents are also reviewed for possible reversal al each reporting dale. For the purposes of impairment testing. when it is not possible to estimate the Tecoverable amount of an individual asset, an estirn8te 15 made ol the recoverable arYK)unt ol th cash~generating unit Its which tha asset b&longs. The cash4Jeneraling unit is the smallest identifiable group of assets that includes the assel and generates cash inflow5 that largely independent of the ¢ash Snflows from other assets or groups of assets. For impairment testing of goodwll, the giK)dwill awuired in a busin855 combination is, frixn the acquis11ion date, allocated to each of the cash-generating units that are expected to benefit trom the synergies of the eombination, irrespective of whether other assets or liabililres ol the charity are asstgned to IhosÈ unrts. Financial instrum&nts A finan(ial asset or a financial liability is recognised only when the charity becomes a paty lo the contractual piomsions ol ihe inslrumenl. Bassc financial inslrurn8nts are initially recognised at the amount receivable or payable indudin9 any related Iransaclbon ¢osts. Current assets and current liabilities are subsequently measured at the cash or other considaration expect to be paid or receivad and not discounled. Debt instruments are subsequenly measured al amortised wsl. 14
Sandwell Community Information and Participation Service Limited Company Limited by Guarantee Notes to the Financial Statements {conUnu6dJ Year ended 31 March 2025 A¢countlng poll¢l•$ (contlnue Flnanclal Instruments (Contsnvedl Where investments in shares are publicly traded or their fair value can ()therwise ba measurèd r8liably, tho inveslment 15 Subsequently measured at fair value with changes in fair value cognised in income and expenditure. Wl other such investments are subsequently measured al cost less impairment. Other finan¢ial instruments, includiry derivativès, arè inttially recognised al lair value, unless payment lor an asset is deferred beyond normal business tems or financed al a rale of interest that 15 a m8tkel ratè, in which case the asset is rneasured al the present value of the future paYEntS discounted at a market ratè of intérest for a similar debl instrurnent. Other linaneial inslrum8nts are subsequently meastjred #t fair value. w*th any changes recognised in thg slalemet)t (If financial acts'vities. wth the exception of h8dging instrutnents in a designated hedging relationship. Flnancial assets that ar¢ m¢a5ured at cost or amortised cost arè rèvièwèd for obj8ctive evidence of impaimenl at the end of each reporting date. If there is objective evidence of imp8imient. an impaim)enl loss is recognised under th¢ appropriate heading in the slalernenl ol fin8ncial activities in which the initial gain was recoynis8d. For all equity instrumènts regardless of stgnrficance. Ènd Other financial assets thal are individually si9nrficarbt, these assessed individually for impairment. Other financial 8ssets are either assessed individually or grouped on th8 basis of similar credit risk characteristts. Any reversals ol impaimtrnl are recognised immediately, to the extent that the reversal does nol result in a carrying amount of the financial asset that exceeds what the c8rrying amount would have been had the impairment ntsl PT$viously be6n recognised. Limited by guar4nt$è The charity is a company limited by gu8Tanlge. Thè m&rnbers ol the company are the Iruslees named on the members of the board page. In the event of the charity being bvound up the liability in respeGI of the guarantee is limrted to £1 per mernber of Ihg charity- Charltable actlvlues Unreslricled Funds Restricted Total Funds Funds 2025 Grants SMBC CO Grant Big Local Trust- Halelay Cross Grant Know Your Neighbourhood Dlgi-comm Power Up 150,000 150.000 153,194 153,194 120,710 120,710 423,904 150,000 273,904 15
Sandwell Community Information and Participation Service Limited Company Lirnited by Guarantee Notes to the Flnanclal Statements IcoAtlnv$d) Year ended 31 March 2025 Charitsble activltles l¢¢)n¢lwedl Unrestricted FuThJs Restricted Total Funds Funds 2024 Grants SMBC Core Grant Big Local Trust- HateY Cross Grant Know Your Neighbourhood Digi-comm Powèr Up 160,QOO 160.000 243,666 44.620 116.630 243.666 44,620 116,630 160,000 404.916 564,916 Other incoming resources Unrestricted Total Fun(Is Unrèstricled Total Funds Fund5 2025 Funds 2024 Miscellaneous income 12 4,424 4.424 Investment Incomg Unreslricled Totsl Funds Unrestrict8d Total Funds Funds 2025 Funds 2024 Bank InteSt receivable 2,503 2,503 2,403 2,403 Charitable activities Unrestricted Funds Restricted Totsl Fund5 Funds 2025 Cost of Charitable Activities By Fund Type 124,959 307,204 432,163 Unreslricled Funds Restricted Totsl Funds Funds 2024 Cost of Charitable Activities By Fund Type 139,989 362,502 502,491 Expenditure on governance costs by fund type Unrestricted Total Funds Unrestricted Total Fund5 Funds 2025 Funds 2024 Governan costs 31,454 31,454 28,483 28.483 16
Sandwell Community Information and Participation Service Limited Company Limiled by Guarantee Notes to the Financial Statements l¢¢nUnued) Year ended 31 March 2025 10. E%ndItUre on governance costs by actlvity typ• Support Total tunds sts 2025 Total fund 2024 Govemance costs 31,454 31,454 28,483 11. Net {expenditurellln¢ome Nel lexpendtturellin¢om& is statad after chargiThJllcredilingl'. 2025 2024 Depieci#lion ol tangible fixed assets 1,356 1,239 12. Indepgnd•nt examination fee5 2025 2024 Fee5 payable to indèpèndènt &xaminer for Independenl examination of the financial 51alemenls 2,022 2.500 13. Staff costs The total staff costs and employee benefits for the reporting perii)d are anaEysed as lollows.. 2025 2024 Wages and salaries 157,147 173,575 The average he&1 count of employees during the year was 412024.. 4>. No employee received employee benefits ol more than £,000 during tho year12024.' Nill. 14. Trustee r•muneratlon and gxpgnsos No trustee receId any r6muner8tion for thr seNicas during the year. During thé year, a total of £3,182 was reimbursed lo Irusl8es in relatson to costs incurred while undertaking board business and volunleering activities. These extxnses primarily mred travel and subsistence d1ClY associaled with their ¢haritaNe dulèS. 17
Sandwell Community Information and Participation Service Limited Company Limlted by Guarantee Notes to the Financial Statements Year ended 31 March 2025 1S. Tanglble flxed assets Fixtures and fittings C05t Al 1 April 2024 Additions Disp(>sals At 31 March 2025 26,963 469 112,9761 14,456 Depreciation At 1 April 2024 Charge for the year Disp05a15 At 31 Mar¢h 2025 24,753 1,356 {12.9751 13,134 Carrying amount At 31 March 2025 1,322 At 31 March 2024 2,210 16. Dobtors 2025 2024 other debtors 1,627 1.652 17, Crodlttxs: amounts falllng du• wlthln ono year 2025 2024 Accruals and deleired incc>me Social Security and other taxes Other creditors 6,369 2,794 6,547 2,879 4,421 459 15,710 7.759 18
Sandwell Community Information and Particlpatlon Servlce Limlted Company Limited by Guarantee Notes to thè Flnanclal Statements {¢Onllmi¢dl Year ended 31 March 2025 18. Analysis of charitable fund$ Unrostrlcted funds Al 1 April 2024 31 March 20 25 In¢ome Expendilure General funds 144,286 152,515 1156.413} 140.388 At 31 Maich 20 24 At 1 April 2023 Income Exp8fKliture General funds 14S,931 166.827 1168,472) 144,286 Restrlcted funds At 31 March 20 25 Al 1 April 2024 Inctsmè Expsnditure BLT-Hateley Gross Grant Plan 2 97,417 273,904 {192.3271 178.994 Reaching Communrties-Digi.comm Power Up 950 1114,877} 1307,2041 1113.9271 65,067 98,367 273,904 At 1 April 2023 31 March 20 24 Income Expendilure BLT-Hatèlèy Cross Grant Pl2n 2 Reaching Communilies-Digi.comm Reaching Communities-Digi.comm Power Up Know Your Neighbourhood 51,613 4.34D 243,666 1197,8621 14.3401 97.417 116,630 44,620 {115,6801 144,6201 1362,5021 950 55.953 404,916 98.367 19
Sandwell Community Information and Participation Service Limited Company Llmlted by Guarantee Management Information Year ended 31 March 2025 The following pages do not form part of the financial statemgnls. 20
Sandwell Community Informalion and Participation Service Limited Company Limited by Guarantee Detailed Ststemènt of FSnancial Activities Year ended 31 March 2025 2025 2024 Income and endowments SMBC Core Grant Big Local Trust- Haleley Cross Grant Know Your Neighbourhood Digi-comm Power Up 150,000 153,194 160.000 243.666 44.620 116.630 120.710 423.904 564.916 Olher Incoming resources Mlscellanoous income 12 4,424 Investment Income Bank interest receivable 2,503 2,403 Total income 426,419 571.743 21
Sandwell Community Information and Participation Service Limited Company Llmited by Guarantee Detailed Statement of Financial Activiti•S Icontlnu*l) Year ended 31 March 2025 2025 2024 Expenditure Charitablo Actlvltles Wages and salaries Rent Repaiis and maintenance Insurance Legal and professK)nal lees Telephone Other office costs PToJect stjpwrt costs Directors and membÈrs expansès AGM and annltal report Gèneral expenses 146,644 20.826 163,072 23.275 129 818 33,023 1,923 16,469 252.389 4,458 1,091 5.844 938 12,158 1,948 11,992 230,114 2.739 1,268 3,536 432,163 502,491 Govemance Costs Wages and salaries Rènt Repairs and maintenance Insurance L8gal and professional lees Telepne Olh&r office $t$ Depreciation Bank charges Directors and members expenses AGM and annual report 10,503 5,207 10,503 5,819 32 205 5,917 481 1.830 1.239 168 1,199 1,090 235 10,128 487 1,332 1.356 139 1,268 31,454 28,483 Tolal expenditure 463,517 530,974 Net lexpendlturellincome 137,198} 40,769 22
Sandwell Community Information and Participation Service Limited Company Limited by Guarantee Notes to the Dotailed Statement of Financial Activities Year ended 31 March 2025 2025 2024 Char5table Actlvlt5es Cost of CharltablÈ Actlvlti•$ By Fund Typg Wage5 and salaries Rent and rates Repairs & maintenance Insurance costs Legal professional lees Telephone expenses Other office costs Project support costs Directors and members expenses AGM and annual report General expenses 146,644 20,826 163.072 23,275 129 818 33,023 1,923 16,469 252,389 4,458 1.091 S.844 938 12,158 1,948 11.992 230.114 2,739 1,268 3,536 432,163 502.491 Charitabl• Activiti 432.163 502.491 Governance Costs Gov8rnance costs Wages and salaries Rent and rates Repairs & m8inlen8n¢e Insurance costs Accountsncy lees Legal and professional fees Telephone expÈnses Other office expenses Depreciation Bank charges Dirèctors and members expensès AGM and annual rèptsrl 10,503 5,207 10.503 5,819 32 205 2,500 3,417 481 1,830 1,239 235 2,022 8,106 1,332 1.356 139 799 1,268 1,199 1.0 31,454 28.483 Govemance Costs 31,454 28.483 23