WORKING ACTIVELY TO CHANGE HILLFIELDS LIMITED Acom an Limited b Guarantee REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024
WORKING ACTIVELY TO CHANGE HILLFIELDS LIMITED Acom an Limited b Guarantee Trustees. Re rt for the ear ended 31 March 2024 Contents Page Company Information TrUSts, Annual Report Independent Examiner's Report statement of Financial Activities 7-8 Balance Sheet Notss to the Financial Statements 10-14
WORKING ACTNELY TO CHANGE HILLFIELDS LIMITED Acom an Limited b Guarantee Year ended 31 March 2024 DIrectOrsruse8 M S Sheikh (Chairperson) K Severn Hills R Roohany S M Dickinson S Farrelly I Williams J Packeer (appointed 14th Dernber 2023) Centre Managerfcompany Secretary P Evans (resigned 11th April 2023) N Taghi (appointed 11th April 2023) Independent Examiner A Dedat ACA Crystal Business Services Limited Chartered Accountants 264. Stoney Stanton Road Coventy. CV14FP Bankern Unity Trust Bank pl¢ Nine Brindley Place Birmingham B12HB Santander Bridle Road Bootle Merseyside L304GB Solicitors Band Hatton Button & Co Solicitors Coventry Régistered office 12 Victoria Street Hillfields Coventry. CV15LZ Registered numbers Charity: 1112123 Company . 3548462
WORKING ACTIVELY TO CHANGE HILLFIELDS LIMITED A COmpan__ Limited bll. Guarantee)... Trustees. Report for theJ_ear_ended 31 March 2024 structure, Governance and Management Governing Document The organisation 15 a charitsble company limited by guarantee, incorporated on 17th April 1998 and registered as a charity on 18th November 2005. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is govemed under its Articles of Association. Recruitment, Appointment, Induction and Trnining of New Trustaes New trustees are invited to stand by existing members and they are selected from local businesses and community organisations. In addition, anyone living or working in the Hillfields area can offer themselves for appointment. No external bodies can make appointments. Induction and training of trustees is carried out in-house in accordance with Charity Commission guidelines. The position of a trustee is considered by the Board of Directors. The deletion of a Trustee from WATCH management committee can take pla following a majority vote at an extraordinary, or scheduled Board meetinq. Oryanlsatlonal Structurn Working Actively To Change Hillfields Ltd Organising Committee members are responsible for the strategtc management, development and govemance of the charity. The Board membership is made up of representatives from a variety of ethnic backgrounds and cultures with numerous management skills relevant to the work of the charity. There are currently six active Board Members who meet once a month. The ntre manager, is supported and managed by the chairman, provides regular reports to Trustees, and 8CtS 85 Company Secretary but has no voting right. The existing scheme of delegation is in place and the day-t04Jay operations of the organisation are the primary responsibility of the centre manager who is accountable for ensuring that the charity delivers specified services, and key performance indicators are met in accordance with grant providers, funding requirements. The centre manager is also responsible for the recruitment and supeprfision of staff, ensuring individuals develop their skills, in line with their specified job roles and gocyj working practices. Related Parties During the year the organisation received IT serVIS amounting to £10,641 from Cipher-IT Ltd, a company controlled by one of the directors. Mr S M Dickinson. WATCH also 1Ved radio station services amounting to £5.314 from Kate Severn Hills, a company director, and traininglprojeGt services of £1,896 from Isiah Williams {also a company director). There were no amounts outstanding to any of these directors at 31 st March 2024. Risk Management Financial, and other work related risk assessments. including health, and fire safety are assessed. and reviewed annu811y. Objectives and Actlvltles The objectives for which the company was established are; to secure, co-ordinate and manage resources for the social, economic and environmentsl improvement of the Hillfields area of Coventry for the benefit of people livinq and workinq in the area. Continued...............
WORKING ACTIVELY TO CHANGE HILLFIELDS LIMITED A CompanLLim_ltedb _Guarantee TrUstees'.-Re0rt for th•ear ended 31 March 2024 Change in the Funding Landscape The UK officialty left the European Union (EU) on 31st January 2020, however EU funded projects at WATCH continugj until the 31 st December 2023. Leaving the EU has drasts'cally altered the funding landscape, making other pots of money much more competittve. WATCH ran EU funded employment projects from 2016 - 2023, and they provided fairly secure, yearly funding for the charity. As WATCH approached the end of our EU funding, management began looking at attemative grants to apply to. With the loss of funding approaching at the end of 2023. the charity made difficult decisions in the summer and autumn to both reduce staff hours and downsize the staff teams in an attempt to safeguard the charity and minimise our outgoings. Achievements and Perforniance During 2023-24, WATCH developed projects in areas we had not previously worked on. This was in response to key issues that clients were presenting with. Between April 2023 and March 2024. WATCH delivered three pilot programmes (Multiply, a project on adult numeracy. funded by the WMCA., Energy Champions, funded by National Grid" and Digital Health, funded by the Good Things Foundth'on and the Graham Grffiths Foundation). Two of these were more successful, and WATCH secured further funding to extend them. The Digital Health project has supported people with free sim cards. devi5 and general IT assistan, and the Energy Champions project saw local Sidents trained up as volunteers to deliver help to their local communib"es. WATCH has had expressions of interest rejected by BBC Children in Need in both 2023 and 2024. In an attempt to still deliver our youth services, WATCH was able to secure two corporate sponsors (Cipher. PET-XI) to cover the costs of the youth sessions for 6 months. The sessions are sts'll well attended by young people living and studying in the HillfElds area. WATCH delivered the city council's Holidays Activities and Food programme {HAF) for the 4th year in a row providing a holKday club for children over the Easter, Summer and Christmas holidays. During summer 2023, WATCH repeated the "Hillfields by the Sea" trip for the 3rd year in a row, taking 25 children and their families to Skegness for the day. During early 2024, WATCH received the news that we had been successful in securing a 2.5 year grant from the National Lottery Community Foundation to provide employment suPrt to 16 - 30 year olds who are not in employment, education or training {NEET). The programme has given WATCH some security in terms of core fInanS until 2026. The charity also secured a grant from Garfield Weston(£10k) to help towards running costs for the centre. Finally, WATCH has been working wtth its board of trustees to develop strategic aims for the charity and expanding the membership to include people with a variety of skills. The board welcomed one new trustee who brings experience and skills in social care and child protection. Financial Revlew Trustees make every efft)rt to keep the reserves of the charity at a minimum level equal to three tnonths operating costs to provide financial stability, and recommended good practi. The charity has generated a surplus this year, but projects a deficit next year. and we plan to use our free reserves over the next two years to sustain our services to the community. Future Plans To help fund our activities in 202412025, WATCH paid off our loan with Unity Trust, and tcx)k on new borrowing (£11 K grant. £33K loan) from Thrive Together. We also received two grants of £25K each in the final fortnight of the financial year (29 May 1961 Trust" Postcode Local Trust). These three sources of fvnding will help pay for staff around the Lottery project between Apr 2024 and May 2026. WATCH will continue our fundraising efforts - for our employment. youth and radio work. as well as our newer projects around digital healtrj and energy advi. WATCH will applY to BBC Children in Need in spring of 2025 in the hope of getting our afterschool clubs funded again. Finally, the charity will continue to improve and upgrade our building. including a project to renew the transmttter of Hillz FM community radio. Continued...............
WORKING ACTIVELY TO CHANGE HILLFIELDS LIMITED Acom an Limited b Guarantee Trustees, Re ort for the ear ended 31 March 2024 Responsibilities of tho Trustse Board The trustees (who are also directors of W.A.T.C.H Limited for the purposes of company law) are responsible for preparing the Trustees, Annual Report and the financial statements in accordan wrth applicab law and United Kingdom Accounting Standards (United Kingdom Generally A¢Dted Accountinq Practice). Company law requires the trustees to prepare financial statements for each financial year. These statements should give a true and fair view of the state of the affairs of the charitable company and of the incoming resources and application of resources. including the income and expenditure of the charitable company for that period. In preparing these financial ststements, the trustees are a) select suitable accounting policies and apply them consistently b) observe the methods and principles in the Charities SORP c) make judgements and estimates that are reasonable and prudent state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and e) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the tharitabk company will continue in operation. The trustees are responsible for keeping adequate acwunting records which disclose with reasonable accuracy, the financial position of the charitsble company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and for taking reasonable steps for the prevents.on and detection of fraud and other irregularities. In so far as the trustees are aware: a) there is no relevant accounts infonnation of which the charitable companls independent examiner is unaware" and b) the trustees have tsken all steps that they ought to have taken to make themselves aware of any relevant infomiation and to establish that the independent examiner is aware of that information This report has been prepared in accordance with the provisions applicable to companies subject to the small companies. regime within Part 15 of the Companies Act 2006. Ind• endent Examiner Mr Akbar Dedat, of Crystal Business Services Ltd, Chartered Accountants. has expressed his willingness to continue in this capacity. Approval This was approved by the Board and signed on their behalf. 14th October 2024
WORKING ACTIVELY TO CHANGE HILLFIELDS LIMITED Acom an Llmited b Guarantee Independent Examiner's Report to the trustees of Working Actively To Change Hillfields Limited I report on the accounts of the company for the year ended 31st March 2024 which are set out on pages 7 to 14. Responsibilities and basis of report As the charity trustees of the company (and also it5 directors for the Purposes of company law) you are responsible for the preparation of the accounts in accordan with the requirements of the Companies Act 2006 ('the 2006 Acf). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and a eligible for independent examination, I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011. In carrying out my examinab'on I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent frxamlnefs statèment Since the companys gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the eXaMinatn because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confinn that no 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 spect of the company as required by section 386 of the 2006 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. vthich 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 reFQrt in order to enable a proper understanding of the accounts to be reached. Mr Akbar Dedat Chartered Accountant CRYSTAL BUSINESS SERVICES LTD Chartered Accountants 264 STONEY STANTON ROAD COVENTRY. CV14FP 14th October 2024
WORKING ACTIVELY TO CHANGE HILLFIELDS LIMITED Acom Limited b Guarantee Statement Of Financlal Activities Income and Ex for the ear ended 31st March 2024 Pa e1of2 Notss Restrict - Unrestric- ted enditure Account 2024 2023 INCOMING RESOURCES Charitable Activitie8 General Fund {including donations) 29th May 1961 Trust Awards For All ESF - Accelerate Project 4 Com Group Succeed Ambition2 BBC Children in Need -Inspiring Futures Radio Station Advertising Clothworkers Fund CCC - Pea Cty Of culture Coventy City Council Coventy University Cipher IT sponsor HAF -Easter HAF - Summer HAF-Xmas HAF - Spring Citizen Local Fund Good Things Foundation Graham Griffiths Foundation Garfield Weston Health Protection Healthwatch Hope for Common Workshop Morrison Foundation Multiply National Grid NewfEld Charitable Trust NLCF Pet-xi Postcode Local Trust Think Active Thrive Together Routes 2 Ofcom Maximus School for Social Entrepreuners Square Venue Hire Voluntary Action Your Vision Your Future Library Grant- Deferrred Income Rentsl Income - CCC Library Total Incomln resources carrledlforward 1,779 1,779 25,000 9,300 3.883 25,000 9,300 81,246 3.797 61,942 6,702 47,326 468 40,000 1,250 8,600 1,853 1,350 281 281 39,544 39544 11,994 11,994 2,831 2,831 1,000 1,000 200 200 600 532 10,131 3,061 5,244 800 532 10,131 3,061 5,244 698 10.770 4.150 3,017 5,000 3,600 3,000 10.000 4,458 6,000 3,600 3,000 10,000 4,458 6,000 3,984 2,725 6,308 25,581 9,999 576 113.690 500 6,308 25,581 9,999 576 113,690 500 25,000 25,000 3,000 11,021 11,021 13,904 13,904 32,971 10,875 8,730 1,660 143 9,351 8,730 1,660 143 9,351 2,950 40,714 400 11,220 420,302 6,882 2,950 40,714 67,437 400 11,000 421,326 400 11,220 72,616 347.886 Continued...............
WORKING ACTIVELY TO CHANGE HILLFIELDS LIMITED Acom Limited b Guarantee ststement Of Financial Activities Income and Ex for the ar ended 31st March 2024 Pa e2of2 nditure Account Notes Restrlct . Unrestric -ted 2024 2023 INCOMING RESOURCES Charitable Activities - broughtlforward 347.686 72.616 420.302 421,326 RESOURCES EXPENDED Cost of Charitable Activities Staff costs (including training) Radio station costs MislIaneOUS - inc. Projects costs Equipment and software Depreciation Subscriptions, Newspapers, Magazines Payroll and consultsncy fees Bank charges Loan interest Insurance Rates Light and heat Cleaning Propety repairs and maintenance Postage and stationery Telephone and internet offi equipment hire (2) 219,672 219,672 5,536 13,244 7,504 12,346 999 890 312 2,986 2,618 972 5,083 1,615 12,010 5,647 7,945 2,611 301.990 304,819 4,607 19,397 14.117 13,791 2,410 988 297 1,715 1,791 1,198 5,834 1,265 29,746 5,670 2.791 2,880 413,316 5,536 13,244 7,504 5,156 999 890 312 2,986 2.618 972 5,083 1,615 12.010 5.647 7,945 2,611 289,264 7,190 Governance costs Professional charges Total resources expended 12,726 2,892 15,618 2,892 304,882 2,520 415,836 289,264 NET INCOMING RESOURCES 58,422 56,998 115,420 5,490 Fund Balances at 1st April 2023 157,883 191,627 349,510 344,020 Fund Balances at 31 st March 2024 All of the company's activities are contlnuing actNtties. Except for property revaluation all of the galns and losses were recognlsed for the current and preceding ac¢ountlng perlod.
WORKING ACTIVELY TO CHANGE HILLFIELDS LIMITED Limited b Guarantee Balance Sheet a8 at 31st March 2024 Notes 2024 2023 Fixed assets Tangible a&8ets 242,037 251.374 Current assets Debtors Cash at bank and in hand 69,174 278.291 347,465 39,622 184,334 223,956 Creditors: amounts falllng due within onè year (8,876) (14,26g) Net current a8setsl(Ilabllltlesl 338,589 209.687 Total ass•ts less current Ilabllltles 580.626 461,061 Creditors: amounts falling due after one year {48,696} (44,551) Net assets 531,930 416,510 Funds Restricted funds Unrestricted funds Revaluation Reserves 12 13 216,305 248,625 67,000 531,930 157.883 191.627 67,000 416,510 Company Registration No: 3548462 For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of ifs accounts for the year in question in accordan with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of the accounts. These accounts have been prepared in accordance viith the provisions in part 15 of the Companies Act 2006 subject to the small companies, regime. The financial statements on pages 7 to 14 were approved and authorised for issue by the directors on 14th October 2024. Approv rusteeslDirectors:
WORKING ACTIVELY TO CHANGE HILLFIELD LIMITED Acom n Limitedb Guarantse Notes to the accounts for the year ended 31 st March 2024 1. Summary of signlflcant accounting policies (a) General informatlon and basls of preparation WATCH is a charity registered in England. The nature of the charity's operations and principal activities are set out in the directors, report. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordan with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). the Charities Act 2011 and the Companies Act 201. The financial ststements have been prepared to give a 'true and faitr view and have not departed from the Charities {Accounts and Reports) Regulations 2008 in order to provide a 'true and fair view. The tharty is defined as small and, therefore, no cashflow statement is required. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include the revalued property at fair value. The financial statements are presented in sterling which is the function81 currency of the charity. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistentty applied to all years presented unless otherwise stated. (b) Fund8 Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds to be used in accordance with specific restrictions and conditions imposed by providers of such funds or funds which have been reiVed by the charity for a particular purpose. The aim and use of each restricted fund is set out in the notes to the financial statements. (c) Income recognition All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legalty entitled to the income after any perfoanCe conditions have been met. the amount can be measured reliably and it is probable that the income will be reived. No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees, Annual Report. (d) Expenditure recognition All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is CogniSed where there is a legal or constructive obligation to make payments to third parties. it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is Gategorised under the following headings= 10
WORKING ACTIVELY TO CHANGE HILLFIELD LIMITED Acom an Limited b Guarantse Notes to the accounts for the year ended 31 st March 2024 Expenditure on charitable activities, and other expenditure represents those items not falling into the categories above. Irrecoverable VAT is charged as an expens& against the activity for which expenditure arose. (e) Tangible fixed assets Tangible fixed aSts are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended Equipment purchased prior to 31st March 2015 had been fully depreciated. DePCIatiOn is provided on all tangible fixed assets purchased after 1st April 2016, at rates calculated to vffite off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful lrfe as follows: Revalued building - 50 years on straight line basis. Office fumiture and equipment- 25% reducing balan (fj Debtovs and creditorn receivable I payable wlthin one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction pri. Any losses arising from impairment are recognised in expenditure. (g) Provisions Provisions are recognised when the charity has an obligation at the balan sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated. (h) Tax The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. (i) Going concern The financial statements have been prepared on a going concem basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expendrture is sufficient with the level of reserves for the charity to be able to continue as a going conrn. 2 Staff costs and numbe Staff costs were as follovts:_ Gross salaries (inc. pens1onsltraininexpenses) Social securty costs 2024 2023 201.142 282,645 18.530 22,174 219,672 304,819 No employ eamed £60,000 or more. No director, trustee or member of the management committee reiVed any remuneration for services during the year, or is a member of the defined benefit contribution pension scheme. The average number of employees (full time equivalents) analysed by function: 2024 2023 11 average number of empk)yees 11
WORKING ACTIVELY TO CHANGE HILLFIELDS LIMITED Com an Llmited b Guarantee Notss to the accounts for the year ended 31st March 2024 2024 2023 Accounts and Administration Management Service Providers 11 3 Tangible Fixed Assets Office Land & Equipment Buildings Total Cost 1 st April 2023 Addits'ons Cost at 31st March 2024 252,134 3,009 255,143 250,000 502,134 250,000 502,134 Accumulated Depreciation Balan at 1st April 2023 Depreciation in year Balan at 31st March 2024 225,760 7,346 233,106 25,000 5,000 30,000 250,760 12.346 263.1 Net Book Value At 31 st March 2024 22,037 220,000 242,037 At 31st March 2023 26,374 225,000 251.374 During December 2013 the freehold title of the land and building at 12 Victoria Street, Coventry, CV15LZ was transferred from Coventry City Council to Working Actively To Change Hillfields Limited. The land and building have been included in the financial statements at £200,000 in line with an open market valuation conducted by Loveitts Estate Agents, Coventry, CV3 1JA on 16 Dember 2013. After this date. the charity have spent monies on the roofing. windows, Structural alterations and the trustees feel that the building valuation at 31 st March 2023 would be at least £250,000. 4 Debtors 2024 2023 Grant providers Donations Telephone rebate claim 69,174 38,025 1.539 58 39,622 69,174 5 Cash at Bank and in Hand 2024 2023 Unity Trust Current Account Santsnder Account Cash in Hand 273,117 5.140 178,800 4.605 929 184,334 278.291 6 Creditorn: Amounts falllng Due Within One Year 2024 2023 Other Creditors Accrued Expenses Bank Loan - Unity Loan from Thrive Together 3,549 2,700 8.824 2,520 2,924 2,627 8,876 14,268 12
WORKING ACTIVELY TO CHANGE HILLFIELDS LIMITED Com n Limited b Guarantee Notes to the aGGounts for the year ended 31st March 2024 7 Creditors: Amounts falling Due After One Year 2024 2023 Bank Loan - Unity Bank Loan - Thrive Deferred Income - Capital Grant 26,551 31.096 17,600 48,696 18.000 44,551 8 Leaslng Commftments The charity's annual commitments for rentsl payments under nOn-CanlIable operating leases at 31st March 2022 were as set out below: 2024 2023 Operating leases which expire: within one year within bNo to fNe years (photocopier) 2611 2611 1382 1382 9 Trustees Expenses Travel costs amounting to £Nil (2023 £Nil) were reimbursed to members of the organising committee. 10 Taxation As a charity, WATCH. is exempt from tax on income and gains. 11 Controlling Parties The charitable company is under the control of its trustees, directors and management committee. 12. Restrlcted Funds Balance 01104123 Incomin Out oin Resources Resources Balance 31103124 29th May 1961 Trust Accelerate Awards For All BBC Children in Need -Inspiring Futures CCC - Peace Cipher IT SFonsor Citizen Local Fund HAF -Easter HAF- Summer HAF-Xmas HAF- Spring Good Things Foundation Grahan Grrffiths Foundation GarfEld Weston Hope for Communty Workshops Heatth Protection HealthvRtch Morrison Foundation Multiply National Grid Newfield Charitable Trust 25,000 25,000 62,627 62,627 9,300 37,303 1,000 600 5,000 3,549 10,131 3,061 3,085 1,111 926 6,911 2.725 4.008 6,000 4,501 25,581 9.999 571 197,989 9,300 11,994 1,000 600 25,309 5.000 3,017 532 10,131 3,061 5,244 3,600 3,000 10,000 2,159 2.489 2.074 3.089 2,725 4.458 6,000 6.308 25,581 9,999 576 136,384 450 1,807 98,678 37,073 13
WORKING ACTIVELY TO CHANGE HILLFIELDS LIMITED Com n Limited b Guarantee Notes to th8 accounts for the year ended 31 st March 2024 Balance 01104123 Incomin Resources Out oin Resources Balanc& 31103124 136 384 113,690 197 989 8,500 10,875 500 50,550 2,229 NLCF Ofcom Community Fund Pet-xi Routes 2 Succeed Voluntary Action Your Vision Your Future 105,190 10,875 500 13,904 39,544 2,950 -22,093 40,714 157,883 347,686 he liabilty of each of the members is restricted to £1 per member. 36,646 33.777 71,092 2,950 18,621 289,264 216,305 Purpose of Restricted Funds 29 May 1961 Trust- funding for support staff around NLCF project. Accelerate - staffing of employment project and overheads. Awards for All - Coronation lebration/25th Anniversary of WATCH. BBC Children In Need - staffing, activity costs, small equipment for youth project. Cipher-IT Ltd - sponsorship of afterschool youth clubs. Citizen - trNO courses of Skillz With Hillz, sessional vnrker and room hire. CCC - Peace Festival - four events - arts activities, radio shows. CCC- Health Protection - TB clinic room hire, radio advertising, ESOL course. Garfield Weston - contribution towards WATCH'S core costs. Gd Things Foundation - provision of digital services to Hillfields residents. Graham Griffiths Foundation - digital health pilot project, staffing costs. HAF projects x 4 - sessional worker costs, tripslactivities, food - hot and cold lunches. Healthwatch - research with young people around their access to health care. Hope for Community- workshops for community members focusing around well-being. Morrisons Foundation - renovations and equipment for our training rooms. Multipty - numeracy workshops for employed local residents. National Grid - digital health pilot project, staffing costs. NLCF - youth unemployment project, staffing costs for 2 112 posts plus equipment and overheads. Newfield Charitable Trust - personal items for a client Ofcom Community Fund - staffsng costs for Hillz FM business development. PET-XI - sponsorship of afterschool youth clubs. Routes2 - ESF funding for staff and running costs. Su(Leed - ESF funding for staff and running costs. Voluntary Action Coventry - radio activities at two volunteering open days. Your Vision Your Future - ESF funding for staff and running costs. 13.Unrestricted Funds Balance 01104123 Incomin Out oin Resources Resources Balance 31103124 General Funds 191,627 72,616 (15,618) 248,625 14. Analysis of Net Assets between Funds Restricted Unrestricted Revaluation Totsl Fix8d Assets Current Assets Liabilities 175,037 131,160 57,572 248,625 67,000 242,037 347,465 57,572 531,930 216.305 216,305 67,000 14