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2022-09-30-accounts

REGISTERED COMPANY NUMBER: 05514023 (England and Wales) REGISTERED CHARITY NUMBER: 1111085

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 30th September 2022

for

The Knowle Society

West - Chartered Accountants Office 2 Greswolde House 197b Station Road Knowle Solihull West Midlands B93 0PU

The Knowle Society

Contents of the Financial Statements for the Year Ended 30th September 2022

Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 15
Detailed Statement of Financial Activities 16 to 17

The Knowle Society

Report of the Trustees for the Year Ended 30th September 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30th September 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Page 1

The Knowle Society

Report of the Trustees

for the Year Ended 30th September 2022

OBJECTIVES AND ACTIVITIES

The objects and powers of the Society, in the governing Memorandum, are:

o to secure the preservation, protection, development, and improvement of features of general public amenity or historic or public interest in the area of benefit or adjacent areas.

o to educate the public in the geography, history, natural history and architecture of the area of benefit.

o to preserve the character of the area of benefit as a thriving community.

o to promote a high standard of planning and architecture in or affecting the area of benefit, and to oppose any inappropriate developments.

o to represent the views of the members to local and other authorities.

o to help foster community spirit by arranging lectures, social events, and other appropriate activities.

The Trustees have had regard to the Charity Commission's guidance on public benefit.

These objectives have been achieved largely through the work of the committees, Planning, Community Services, Local History, Meetings & Social and Walks and Natural Environment. Information on the Society's activities has been publicised through the Newsletter, the website, and social media.

Methods used to recruit and appoint new charity trustees

The Trustee Directors may at any time co-opt a member who is qualified to be appointed as an Ordinary Trustee Director to take office until the next AGM, upon which, if elected at the AGM may serve for a period of three years. A retiring Trustee Director who remains qualified may stand for re-election at an AGM. Officers of the Society (Chairman, Deputy Chairman, Honorary Secretary and Honorary Treasurer) are elected by the members at the AGM.

Community Services Committee

The Community Services Committee continues to maintain close contacts with Solihull M.B.C., the Police, Public Transport providers, and the Airport to ensure that the views of the Society are heard in all relevant areas. We have continued with the help of volunteers to undertake litter picking and maintain the flower beds in the precinct. We were able again to raise funds including a donation from the Society to continue the maintenance of the Knot Garden for 2021/22.

Local History Committee

Regular meetings have been held throughout the year and the committee has contributed substantially to the work of the Society - not least in the exhibition and arrangements for the celebration of our 60th anniversary. We receive regular emails from various parts of the world requesting help with research usually on the history of local families and are very often able to help with these and of course people who come to the library on alternate Saturday mornings. At present we are engaged on an audit of the archive. We have as part of the 60th anniversary celebrations produced a 2023 calendar which is made up of depictions of local scenes in Knowle produced by local artist, Mike Humphreys. New exhibitions are planned for the Library in the New Year including the first one on Lady Byron and her local links. We welcome visitors to view the latest exhibition or raise queries or questions about local history.

The Local History Centre in the Library is now open on the 1st, 3rd and 5th Saturday morning from 10.00 to 12.30 each month. The Knowle Society has appreciated the library's support to access the Local History archives in order to respond to email and telephone enquiries.

Planning Committee

All members of the Planning Committee welcomed the end to restrictions occasioned by the Pandemic, and despite that past adversity, we are pleased to welcome our newest member, Trustee Director Gavin Allan. As usual, the applications included everything from small extensions to complete new dwellings and, during this past year.

Page 2

The Knowle Society

Report of the Trustees for the Year Ended 30th September 2022

We were also given the opportunity to have serious pre-application discussions with the Applicant for a small estate of twenty new dwellings off the Wychwood Avenue roundabout - this being the land previously held by the Council for the earlier proposed by-pass route. We are looking forward to the scheme going ahead later this year which we feel, satisfies the important location of this site by making an important contribution to this particular 'Gateway' into Knowle.

The Conservation Area (CA) Appraisal was sorely tested last year with the proposed refurbishment of the 1960's built Precinct with its original proposal seeing a third floor being added to the existing building to provide more residential flats. After much discussion with the Council, supported by the Council's Conservation Officer, we are expecting a completed scheme finished with CA-compatible external finishes with which everyone in Knowle can be justly proud.

Natural Environment Committee

NEC activities are currently on hold due to lack of volunteer support. The trustees would be grateful for any volunteers prepared to support the work to improve our local environment.

Library

The Society makes a significant contribution in the running of the library with several volunteers whose attendance extend opening hours on a Saturday afternoon.

Meetings, Social & Walks

The events year began in October 2021 with a well-attended quiz night at the Knowle Village Hall with the profits being donated to maintenance of the Knowle Library Knot Garden.

In November, the Village Christmas Tree which has always been organised by the Society was provided and erected as usual. It again formed the centrepiece of the popular event of switching on the Christmas lights throughout the centre of the village, aided by other voluntary organisations and a visit from 'Father Christmas'. This was a welcome return after the event had been cancelled the previous year due to the pandemic.

The walks programme was slightly restricted by the public health situation, but several local walks took place; the highlight as usual being that on Boxing Day morning. On the 4th June, the Society was involved in the Queen's Platinum Jubilee celebrations when the High Street in Knowle was closed for a Village wide party.

Website and newsletter

In addition to its quarterly Members' Newsletter, the Society continues to make use of social media and direct emailing to keep Members up to date with Society events and other village activities. The website has been updated to allow new members to join the Society online and pay by annual direct debit.

Love Knowle Park Project

The Knowle Society has initiated a second phase of its Knowle Park improvement initiative which will see a new Half-Basketball court installed in the Park. The Society submitted a bid to the Council for NCIL funding which successfully raised £12,000 in the first quarter of 2022 towards the total project budget of £25,000. Fundraising will continue during 2023 to raise the remaining funds required.

Financial results for the Year

The year ending 30th September 2022, saw an increase in the General Fund of £1,739 to stand at £21,829. In addition, the Society held funds for the Love Knowle Park Basketball Project of £12,500. The Society was also delighted to receive a further legacy payment from the late Mary Riley of £13,178 and from the late Stella Jarman of £1,000.

Financial aims for the forthcoming year

The trustees will be looking to apply the legacy funds to a variety of projects supporting the aims of the Society and are also reviewing strategy in this its Diamond Jubilee year.

Page 3

The Knowle Society

Report of the Trustees

for the Year Ended 30th September 2022

Membership

Membership on 30th September 2022 stood at 2,607; a reduction of 98 on the previous year, mostly arising from deaths or members moving away. Income from subscriptions was slightly up from last year mainly due to collection of arrears, which had resulted from the pandemic restrictions the previous year.

Reserves Policy

The Reserves Policy of the Society is that sufficient funds are retained to cover a minimum of one year's normal expenditure. The end of year balance was comfortably above that level.

Full set of accounts

The full set of accounts will be available in due course by request from the Treasurer, on the Society's website at https://www.knowlesociety.org.uk/about/report-and-accounts/ or by emailing treasurer@knowlesociety.org.uk

Gifts in Kind

The Trustee Directors and many other volunteers give freely their time and expertise. It is not considered meaningful to place an accurate value on this gift.

ON BEHALF OF THE BOARD: D.J. Bower (Chairman) - Trustee Director

.

Page 4

The Knowle Society

Report of the Trustees

for the Year Ended 30th September 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is governed by its Memorandum and Articles of Association, and is a company limited by guarantee. As a Charity we are also governed by the provisions of the Charities Act 2016.

Risk management

The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. A review of the major risks has been carried out and no additional actions found necessary. The trustees aim to review all policies on a regular basis and with due regard to Charity Commission recommendations.

Data Protection

The trustees maintain an ongoing review of data protection and take the issue of personal data protection very seriously. Anyone wishing to request a copy of their personal data, as held by the Society, may contact the Membership Secretary to make a Subject Access Request.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

05514023 (England and Wales)

Registered Charity number

1111085

Registered office

c/o West - Chartered Accountants Office 2 Greswolde House 197b Station Road Knowle, Solihull West Midlands B93 0PU

Trustees

D J Bower (Chairman) D M Fraley (Deputy Chairman) D N Watson (Treasurer) J Erzen (resigned 26/2/2022) L T Jones D A Pinwell E M Baker M S W Warr A C Bird M T Brown (Membership Secretary) R S Marston G Allan A J Marston A P Innes W L C Bohanna (appointed 26/2/2022)

Independent Examiner

West - Chartered Accountants Office 2 Greswolde House 197b Station Road Knowle Solihull West Midlands B93 0PU

Page 5

The Knowle Society

Report of the Trustees

for the Year Ended 30th September 2022

REFERENCE AND ADMINISTRATIVE DETAILS

Bankers

Lloyds Bank Plc 9/11 Poplar Road Solihull B91 3AN

Charities Aid Foundation - CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

The Charity Bank Ltd Fosse House 182 High Street Tonbridge TN9 1BE

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ D J Bower (Chairman) - Trustee

Page 6

Independent Examiner's Report to the Trustees of The Knowle Society

Independent examiner's report to the trustees of The Knowle Society ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30th September 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

West - Chartered Accountants Office 2 Greswolde House 197b Station Road Knowle Solihull West Midlands B93 0PU

Date: .............................................

Page 7

The Knowle Society

Statement of Financial Activities for the Year Ended 30th September 2022

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
14,400
Other trading activities
2
785
Investment income
3
166
Total
15,351
EXPENDITURE ON
Raising funds
6,617
Charitable activities
Charitable activities
4,424
Other
2,191
Total
13,232
NET INCOME
2,119
Transfers between funds
8
(380)
Net movement in funds
1,739
RECONCILIATION OF FUNDS
Total funds brought forward
20,090
TOTAL FUNDS CARRIED FORWARD
21,829
Restricted
funds
£
27,907
-
-
27,907
-
11,546
-
11,546
16,361
380
16,741
63,609
80,350
2022
Total
funds
£
42,307
785
166
43,258
6,617
15,970
2,191
24,778
18,480
-
18,480
83,699
102,179
2021
Total
funds
£
112,383
1,166
19
113,568
3,782
60,915
1,636
66,333
47,235
-
47,235
36,464
83,699

The notes form part of these financial statements

Page 8

The Knowle Society

Balance Sheet

30th September 2022

Unrestricted
funds
Notes
£
CURRENT ASSETS
Cash at bank
23,309
CREDITORS
Amounts falling due within one year
7
(1,480)
NET CURRENT ASSETS
21,829
TOTAL ASSETS LESS CURRENT
LIABILITIES
21,829
NET ASSETS
21,829
FUNDS
8
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
funds
£
80,350
-
80,350
80,350
80,350
2022
Total
funds
£
103,659
(1,480)
102,179
102,179
102,179
21,829
80,350
102,179
2021
Total
funds
£
86,294
(2,595)
83,699
83,699
83,699
20,090
63,609
83,699

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. D J Bower (Chairman) - Trustee

The notes form part of these financial statements

Page 9

The Knowle Society

Notes to the Financial Statements for the Year Ended 30th September 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

2. OTHER TRADING ACTIVITIES

2. OTHER TRADING ACTIVITIES
2022 2021
£ £
Social events 635 -
Guides, cards & DVD's 150 1,166
785 1,166
3. INVESTMENT INCOME
2022 2021
£ £
Bank interest 166 19

continued...

Page 10

The Knowle Society

Notes to the Financial Statements - continued for the Year Ended 30th September 2022

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30th September 2022 nor for the year ended 30th September 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30th September 2022 nor for the year ended 30th September 2021.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES (30 SEPTEMBER COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES (30 SEPTEMBER COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES (30 SEPTEMBER 2021)
Unrestricted Restricted Total
funds funds funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 11,501 100,882 112,383
Other trading activities 1,166 - 1,166
Investment income 19 - 19
Total 12,686 100,882 113,568
EXPENDITURE ON
Raising funds 3,782 - 3,782
Charitable activities
Charitable activities 4,806 56,109 60,915
Other 1,636 - 1,636
Total 10,224 56,109 66,333
NET INCOME 2,462 44,773 47,235
RECONCILIATION OF FUNDS
Total funds brought forward 17,628 18,836 36,464
TOTAL FUNDS CARRIED FORWARD 20,090 63,609 83,699

continued...

Page 11

The Knowle Society

Notes to the Financial Statements - continued for the Year Ended 30th September 2022

6. TANGIBLE FIXED ASSETS

6. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1st October 2021 and
30th September 2022 6,225
DEPRECIATION
At 1st October 2021 and
30th September 2022 6,225
NET BOOK VALUE
At 30th September 2022 -
At 30th September 2021 -
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Other creditors 1,480 2,595
8. MOVEMENT IN FUNDS
Net Transfers
At movement between At
1.10.21 in funds funds 30.9.22
£ £ £ £
Unrestricted funds
General fund 20,090 2,119 (380) 21,829
Restricted funds
SUSTAiN Award 207 - - 207
Natural Environment Fund 8,466 - - 8,466
Playground Project 9,936 (10,316) 380 -
Mary Riley Legacy 45,000 13,177 - 58,177
Basketball Court Project - 12,500 - 12,500
Jarman Legacy - 1,000 - 1,000
63,609 16,361 380 80,350
TOTAL FUNDS 83,699 18,480 - 102,179

continued...

Page 12

The Knowle Society

Notes to the Financial Statements - continued for the Year Ended 30th September 2022

8. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 15,351 (13,232) 2,119
Restricted funds
Playground Project 1,230 (11,546) (10,316)
Mary Riley Legacy 13,177 - 13,177
Basketball Court Project 12,500 - 12,500
Jarman Legacy 1,000 - 1,000
27,907 (11,546) 16,361
TOTAL FUNDS 43,258 (24,778) 18,480
Comparatives for movement in funds
Net
At movement At
1.10.20 in funds 30.9.21
£ £ £
Unrestricted funds
General fund 17,628 2,462 20,090
Restricted funds
SUSTAiN Award 207 - 207
Natural Environment Fund 8,551 (85) 8,466
Playground Project 10,078 (142) 9,936
Mary Riley Legacy - 45,000 45,000
18,836 44,773 63,609
TOTAL FUNDS 36,464 47,235 83,699

continued...

Page 13

The Knowle Society

Notes to the Financial Statements - continued for the Year Ended 30th September 2022

8. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
12,686
Restricted funds
Natural Environment Fund
-
Playground Project
55,882
Mary Riley Legacy
45,000
100,882
TOTAL FUNDS
113,568
A current year 12 months and prior year 12 months combined position is as follows:
Net
At
movement
1.10.20
in funds
£
£
Unrestricted funds
General fund
17,628
4,581
Restricted funds
SUSTAiN Award
207
-
Natural Environment Fund
8,551
(85)
Playground Project
10,078
(10,458)
Mary Riley Legacy
-
58,177
Basketball Court Project
-
12,500
Jarman Legacy
-
1,000
18,836
61,134
TOTAL FUNDS
36,464
65,715
Resources
Movement
expended
in funds
£
£
(10,224)
2,462
(85)
(85)
(56,024)
(142)
-
45,000
(56,109)
44,773
(66,333)
47,235
Transfers
between
At
funds
30.9.22
£
£
(380)
21,829
-
207
-
8,466
380
-
-
58,177
-
12,500
-
1,000
380
80,350
-
102,179

continued...

Page 14

The Knowle Society

Notes to the Financial Statements - continued for the Year Ended 30th September 2022

8. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 28,037 (23,456) 4,581
Restricted funds
Natural Environment Fund - (85) (85)
Playground Project 57,112 (67,570) (10,458)
Mary Riley Legacy 58,177 - 58,177
Basketball Court Project 12,500 - 12,500
Jarman Legacy 1,000 - 1,000
128,789 (67,655) 61,134
TOTAL FUNDS 156,826 (91,111) 65,715

9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30th September 2022.

Page 15

The Knowle Society

Detailed Statement of Financial Activities for the Year Ended 30th September 2022

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Subscriptions
Taxation refund
Other trading activities
Social events
Guides, cards & DVD's
Investment income
Bank interest
Total incoming resources
EXPENDITURE
Raising donations and legacies
Meeting expenses
Social events & visits
Newsletter & printing
Advertising & website
Membership expenditure
Gifts & hospitality
Cost of calendars & cards
Knowle Society 60th Anniversary
Charitable activities
Local History Centre
Christmas expenses
Telephone box project
Donations given
Planning committee
Natural environment, owl & knot garden projects
Playground project
Public meetings
Support costs
Governance costs
Insurance
Carried forward
2022
£
29,134
11,006
2,167
42,307
635
150
785
166
43,258
462
450
2,132
525
693
16
2,012
327
6,617
791
1,095
250
1,255
6
960
11,546
67
15,970
734
734
2021
£
100,894
9,645
1,844
112,383
-
1,166
1,166
19
113,568
237
-
2,336
489
225
-
495
-
3,782
152
-
250
3,166
734
589
56,024
-
60,915
763
763

This page does not form part of the statutory financial statements

Page 16

The Knowle Society

Detailed Statement of Financial Activities for the Year Ended 30th September 2022

Detailed Statement of Financial Activities
for the Year Ended 30th September 2022
Governance costs
Brought forward
Storage facilities
Trustee meetings & expenses
Sundry governance expenditure
Accountancy
Total resources expended
Net income
2022
£
734
225
537
89
606
2,191
24,778
18,480
2021
£
763
225
44
22
582
1,636
66,333
47,235

This page does not form part of the statutory financial statements

Page 17