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← Broad Street Meeting Hall

2025-03-31-accounts

REGISTERED CHARITY NUMBER: 1112122

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BROAD STREET MEETING HALL

HB&O Ltd Chartered Accountants Seven Stars House 1 Wheler Road Coventry CV3 4LB

BROAD STREET MEETING HALL

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 March 2025

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 12
Detailed Statement of Financial Activities 13

BROAD STREET MEETING HALL

REPORT OF THE TRUSTEES for the year ended 31 March 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. 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).

ACHIEVEMENTS AND PERFORMANCE

The past year has seen Broad Street Hall (BSH) work with and deliver for the increasingly diverse communities of Coventry and particularly Foleshill.

BSH continues to develop and deliver activities and services that meet local need, by consulting with local people and working in partnership with other groups, organisations, and agencies.

Various grants throughout the year have also helped BSH with delivering new activities and services as well as maintaining the existing ones.

The Heart of England Community Foundation have been particularly helpful with their support and grants from - Coventry, Warwickshire & Solihull grant, which helped support Egyptian families IM Properties that funded energy costs for winter activities

Alan Higgs Trust funded specialist craft equipment for those with physical limitations

National Lottery Reaching Community Grant continued to cover salaries and training for the BSH team for part of the year.

Broad Street Hall management was also part of the West Midlands Combined Authority Social Enterprise training, with support from Locality. The training helped expand the management teams knowledge

The team at Broad Street Hall; the trustees, staff, and volunteers, will continue to work with and on behalf of people to help create a strong and caring neighbourhood. BSH will also continue to develop activities and services at Broad Street Hall to ensure that there will continue to be a community hub for the future, that meets local need.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes a charitable incorporated organisation.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1112122

Principal address

Broad Street Hall Foleshill Coventry West Midlands

Trustees

Mr B Nagra A A Ali Dr N Seyedeh M Patel Ms S Dhillion B D Lea B Flatley (resigned 20.9.2024)

Page 1

BROAD STREET MEETING HALL

REPORT OF THE TRUSTEES for the year ended 31 March 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

HB&O Ltd Chartered Accountants Seven Stars House 1 Wheler Road Coventry CV3 4LB

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 8 January 2026 and signed on its behalf by:

Mr B Nagra - Trustee

Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BROAD STREET MEETING HALL

Independent examiner's report to the trustees of Broad Street Meeting Hall

I report to the charity trustees on my examination of the accounts of Broad Street Meeting Hall (the Trust) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

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

  1. accounting records were not kept in respect of the Trust 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 applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Gregg Olner MPhil BA(Hons) FCA

HB&O Ltd Chartered Accountants Seven Stars House 1 Wheler Road Coventry CV3 4LB

8 January 2026

Page 3

BROAD STREET MEETING HALL

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
4
Grant activities
Hall activities
Investment income
3
Total
EXPENDITURE ON
Charitable activities
5
Grant activities
Hall activities
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
13
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
39
33,000
62,199
419
95,657
471
69,036
69,507
26,150
(416)
25,734
23,191
48,925		 Restricted
funds
£
-
5,649
-
-
5,649
2,720
42,867
45,587
(39,938)
416
(39,522)
965,975
926,453		 2025
Total
funds
£
39
38,649
62,199
419
101,306
3,191
111,903
115,094
(13,788)
-
(13,788)
989,166
975,378		 2024
Total
funds
£
-
59,964
57,861
395
118,220
37,747
92,126
129,873
(11,653)
-
(11,653)
1,000,819
989,166

The notes form part of these financial statements

Page 4

BROAD STREET MEETING HALL

BALANCE SHEET 31 March 2025

Notes
FIXED ASSETS
Tangible assets
9
CURRENT ASSETS
Debtors
10
Cash at bank
CREDITORS
Amounts falling due within one year
11
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
13
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
-
10,476
47,969
58,445
(9,520)
48,925
48,925
48,925		 Restricted
funds
£
918,961
-
8,642
8,642
(1,150)
7,492
926,453
926,453		 2025
Total
funds
£
918,961
10,476
56,611
67,087
(10,670)
56,417
975,378
975,378
48,925
926,453
975,378		 2024
Total
funds
£
940,096
4,045
53,558
57,603
(8,533)
49,070
989,166
989,166
23,191
965,975
989,166

The financial statements were approved by the Board of Trustees and authorised for issue on 8 January 2026 and were signed on its behalf by:

B Nagra - Trustee

The notes form part of these financial statements

Page 5

BROAD STREET MEETING HALL

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, 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 Charities Act 2011. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on cost

Taxation

The charity is exempt from 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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Financial instruments

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement.

Page 6

continued...

BROAD STREET MEETING HALL

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025

2.
DONATIONS AND LEGACIES
Donations
3.
INVESTMENT INCOME
Deposit account interest
4.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Grants
Grant activities
Charitable rental income
Hall activities
Grants received, included in the above, are as follows:
Other grants
5.
CHARITABLE ACTIVITIES COSTS
Grant activities
Hall activities		 Direct
Costs
£
1,391
107,057
108,448		 2025
£
39
2025
£
419
2025
£
38,649
62,199
100,848
2025
£
38,649
Support
costs (see
note 6)
£
1,800
4,846
6,646		 2024
£
-
2024
£
395
2024
£
59,964
57,861		 2024
£
-
2024
£
395
2024
£
59,964
57,861
117,825
2024
£
59,964
Totals
£
3,191
111,903		 2024
£
59,964
115,094

6. SUPPORT COSTS

2025
2024		 2025
2024		 2025
2024
£ £
Legal fees 1,800 3,620
Independent examiner fee 4.846 4,974
6,646 8,594

continued...

Page 7

BROAD STREET MEETING HALL

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

8. STAFF COSTS

STAFF COSTS
Wages and salaries
The average monthly number of employees during the year was as follows:
Admin and operational staff
No employees received emoluments in excess of £60,000.		 2025
£
53,955
53,955
2025
3		 2024
£
44,378
44,378
2024
3

9. TANGIBLE FIXED ASSETS

COST
At 1 April 2024
Additions
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024		 Freehold
property
£
1,034,532
-
1,034,532
103,973
20,691
124,664
909,868
930,559		 Fixtures
and
fittings
£
17,168
-
17,168
8,550
1,724
10,274
6,894
8,618		 Computer
equipment
£
6,825
2,749
9,574
5,906
1,469
7,375
2,199
919		 Totals
£
1,058,525
2,749
1,061,274
118,429
23,884
142,313
918,961
940,096

continued...

Page 8

BROAD STREET MEETING HALL

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Paypal
11.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Taxation and social security
Other creditors		 2025
£
10,441
35
10,476
2025
£
326
1,359
8,985
10,670		 2024
£
4,045
-
4,045
2024
£
-
1,135
7,398
8,533

12. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years
In more than five years
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Postcode Lottery
Foyle Foundation
Restricted funds
Property fund
Reaching Communities
Capital fund
B&Q fund
29th May 1961 Charitable Trust
Alan Higgs
IM Properties community fund
TOTAL FUNDS		 At 1.4.24
£
23,191
-
-
23,191
930,559
18,852
9,268
2,296
5,000
-
-
965,975
989,166		 Net
movement
in funds
£
16,644
6,633
2,873
26,150
(20,691)
(19,268)
(1,724)
-
(935)
418
2,262
(39,938)
(13,788)		 2025
£
5,760
23,040
58,560
87,360
Transfers
between
funds
£
(416)
-
-
(416)
-
416
-
-
-
-
-
416
-		 2024
£
5,760
23,040
64,320
93,120
At
31.3.25
£
39,419
6,633
2,873		 2024
£
5,760
23,040
64,320
93,120
48,925
909,868
-
7,544
2,296
4,065
418
2,262
926,453
975,378

13. MOVEMENT IN FUNDS

continued...

Page 9

BROAD STREET MEETING HALL

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025

13. MOVEMENT IN FUNDS - continued

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

Unrestricted funds
General fund
Postcode Lottery
Foyle Foundation
Restricted funds
Property fund
Reaching Communities
Capital fund
29th May 1961 Charitable Trust
Alan Higgs
Coventry, Warkwickshire & Solihull
communities fund
IM Properties community fund
TOTAL FUNDS		 Incoming
resources
£
67,657
25,000
3,000
95,657
-
-
-
-
774
1,875
3,000
5,649
101,306		 Resources
Movement
expended
in funds
£
£
(51,013)
16,644
(18,367)
6,633
(127)
2,873
(69,507)
26,150
(20,691)
(20,691)
(19,268)
(19,268)
(1,724)
(1,724)
(935)
(935)
(356)
418
(1,875)
-
(738)
2,262
(45,587)
(39,938)
(115,094)
(13,788)		 Resources
Movement
expended
in funds
£
£
(51,013)
16,644
(18,367)
6,633
(127)
2,873
(69,507)
26,150
(20,691)
(20,691)
(19,268)
(19,268)
(1,724)
(1,724)
(935)
(935)
(356)
418
(1,875)
-
(738)
2,262
(45,587)
(39,938)
(115,094)
(13,788)
26,150
(20,691)
(19,268)
(1,724)
(935)
418
-
2,262
(39,938)
(13,788)

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Property fund
Reaching Communities
Wellness Junction Activities
Capital fund
B&Q fund
29th May 1961 Charitable Trust
TOTAL FUNDS		 At 1.4.23
£
30,715
951,250
-
3,811
15,043
-
-
970,104
1,000,819		 Net
movement
in funds
£
(7,404)
(20,691)
18,852
(3,931)
(5,775)
2,296
5,000
(4,249)
(11,653)		 Transfers
between
funds
£
(120)
-
-
120
-
-
-
120
-		 At
31.3.24
£
23,191
930,559
18,852
-
9,268
2,296
5,000
965,975
989,166

continued...

Page 10

BROAD STREET MEETING HALL

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025

13. MOVEMENT IN FUNDS - continued

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

Unrestricted funds
General fund
Restricted funds
Property fund
Reaching Communities
Go Foleshill Youth Grant
Wellness Junction Activities
Capital fund
HEX fund
B&Q fund
Eveson Trust
29th May 1961 Charitable Trust
TOTAL FUNDS		 Incoming
resources
£
58,256
-
26,570
365
8,540
-
5,328
2,296
11,865
5,000
59,964
118,220		 Resources
Movement
expended
in funds
£
£
(65,660)
(7,404)
(20,691)
(20,691)
(7,718)
18,852
(365)
-
(12,471)
(3,931)
(5,775)
(5,775)
(5,328)
-
-
2,296
(11,865)
-
-
5,000
(64,213)
(4,249)
(129,873)
(11,653)

The general fund transfer in the year was made to remove a deficit balance on a restricted fund.

Unrestricted designated funds

Postcode Lottery - People's Postcode Trust awarded the charity a grant to develop the charity's activities and services. The charity has applied this grant towards its wage bill in the year.

Foyle Foundation - .The Foyle Foundation awarded a grant to help towards the charity's ongoing costs in the 12 months to September 2025. The charity has utilised some of the grant to cover volunteer expenses.

Restricted funds

Property fund - holds the property owned by the charity; the meeting hall.

Reaching Communities - to help pay for salaries, training and community activities and engagement.

Capital fund - lots of different grants obtained for the new premises, used for Fixtures and fittings.

B&Q fund - a grant distributed by Neighbourly to put planters and benches outside the hall to enable the community to sit and chat, grow and harvest herbs and introduce a green space.

29th May 1961 Charitable Trust - a grant given to allow the charity to update IT equipment and software for staff and volunteers, to enable better, more modern systems.

Alan Higgs - provides equipment for the craft sessions, to enable people with restrictive physical issues to be able to take part.

Coventry, Warkwickshire & Solihull communities fund - a grant from Heart of England CF to assist with 12 months' running costs for the Egyptian community family group. The group enables families to get together, share experiences and offer peer support.

IM Properties community fund - a grant from Heart of England CF to assist with 12 months' running costs for the charity, specifically for utilities costs for sessions.

continued...

Page 11

BROAD STREET MEETING HALL

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2025

14. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

Page 12

BROAD STREET MEETING HALL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2025

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Investment income
Deposit account interest
Charitable activities
Grants
Charitable rental income
Total incoming resources
EXPENDITURE
Charitable activities
Wages and HR
Rent and rates
Light and heat
Insurance
Maintenance and cleaning
Stationery and office expenses
Activities and classes
Sundries
Freehold property depreciation
Fixtures and fittings depreciation
Computer equipment depreciation
Support costs
Governance costs
Accountancy and legal fees
Total resources expended
Net expenditure		 2025
£
39
419
38,649
62,199
100,848
101,306
53,955
6,098
4,263
1,851
8,628
2,937
5,514
1,318
20,691
1,724
1,469
108,448
6,646
115,094
(13,788)		 2024
£
-
395
59,964
57,861
117,825
118,220
44,378
5,600
8,256
1,964
15,215
1,532
19,078
1,045
20,691
2,155
1,365
121,279
8,594
129,873
(11,653)

This page does not form part of the statutory financial statements

Page 13