Charlty Reglstratlon No. 1112495
Company Reglslratlon No. 05116738 {England and Wale$}
KAJANS WOMEN'S ENTERPRISE LIMITED
ANNUAL REPORT AND INDEPENDENTLY EXAMINED FINANCIAL
STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

KAJANS WOMEN'S ENTERPRISE LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Ms C Richaids
Mr L Richards
Mr K 8ascombe
Ms M Coke
Mr l E Fuller
Mr DA GOr￿n
Mrs M O Hayden
Ms B A Johnson-Green
Ms J F Selassie
{ApWnted 15 May 2025)
(Appointed 15 May 2025)
(Appolnted 15 May 2025)
(Appointed 15 May 2025)
(Appointed 15 May 2025)
Advisors
Mr D Anderson CBE
Mr K George
Mr C Morrison
Independent Consultant
CEO Governance FoTum
Consultant Organisational
Development
Charity number
1112495
Company number
05116738
Registered office
TheAlbert Hall
Witton Road
Aston
Birmingham
Wesl Midlands
86 SNU
Independent examiner
OmRrod Rutter Limited
The Oakley
Kiddemiinster Road
DrOJ￿￿ch
Wknrcestershire
Vfft9 9AY

KAJANS WOMEN'S ENTERPRISE LIMITED
CONTENTS
Pagg
Trustees, report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes lo the accounts
9-19

KAJANS WOMEN'S ENTERPRISE LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report and financial statements for the year ended 31 March 2025.
All Kajans charita￿e activities focus on community based project5 offering clear purpose, a focus on actions to
achieve longer lemi sustainability and access for the widest public benefft.
The finanGial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charitable company's governing document, the Companies Act 2006 and
"Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
102} (effective 1 January 20191"
ObJectlves and actlvltles
Kajans Women's Enterprise Ltd is a Black-led eommunity charity based in North Birmingham. Our mission is to
uplift and empower Individuals through education, housing, enlerprise. and cultural development. Thi5 report
covers the period April 2024- March 2025, a year marked by both challenge and progres5. We have continued
to deliver our core services, strengthen partnerships, and support those most in need, particulady indlviduals
with disabilities and young people transitioning into adulthood.
As part of our ongoing commilment to accessibility, Kajans is pursuing the development of local focal points
across key neighbourhoods lo provide easier access to help, information. and community resources. These
hubs will ensure that residents can engage Wilh services, training, and support closer lo home. reducing
barriers to participation and fostering stronger community Connedlons.
Kajans, mission is to enhance the lives of the residents of the West Midlands, with a primary focus on North
Birmingham and neighbouring communltles I'the area of benefit"). The charity is dedicatèd to serving all
residents. regardless of gender. political affiliation, religious beliets. or other perspectives, by fostering
partnerships between local authorities, voluntary crganisation$, and community members.
Kajans is committed to promoting long-term community sustainability through asset-based developmenl and
collaborative working. Ils objective is to empower communities to take ownership of their neighbourhoods,
thereby investing in their future.
The charity's core areas of seNice include".
Developing and sustsining a quality Community, education, and cultural ¢entre as the focal point foT our
activities.
Creating education, training, and skills programmes to increase employment prospects among the West
Midlands, ethnic minority population.
Developing community care provision for senlor citizens and people with disabilities.
Building a community cultural ne￿ork to share infonnation and promote opportunities across minority
ethnic communities in the Wesl Midlands.
Supporting community economic stralegies and enteTprise initiatives, while promoting inclusion, resilience.
and wellbeing.
Enhancing quality of life for ethnic minority cammunsties by contributing to regeneration programmes and
encouraging wider appreriation of the contribub'on of Wesl Midlands, African heritage communities.
Developing social housing to support young adult5 in Birmingham and beyond, tackling overcrowding and
homelessness, and improving living standards.
Search lor Investment
Kajans has made significant progress in its investment efforts. An initial phase involved support from
community investors, raising approximately £270.000 to facilitate the a￿VISItion of the fomier WELD
Community Education and Training Centre. Fcllowing this acquisrtion of a 250-year lease. Kajans was able to
secure a loan and grant fijnding from Chafity Bank and the Department for Levelling Up. Housing and
Communittes. These funds are earmarked for the transfomation of th8 WELD Centre into a Community
Creative Hub. Although the funding was delayed due to the election-related purdah period. tt is anticipated that
the renovation will cornmen￿ promptly in the new financial year, as all pre-construclion planning requirements
are fulfilled_
Further investment is anticjpated through the launch of a Communty sha￿ Offer. ￿lch will allow members of
the general public to participate through 'patienf Ggpital investments.

KAJANS WOMEN'S ENTERPRISE LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Achlevements and perfomianc¢
Muhammad All Slte IMAS) - Acqulred through investment from community supporters, the Muhammad Ali
Site represents a comerstone of Kajans. long-lerm vision for communily-led housing, education. and
enterprise. With planning work now al an advanced stage having benefited from additional investment secured
from Homes England. the project continues to move forward. A comprehensive fundraising strategy is in
development to support the construction phase. I￿lIe progress has been slower than anticipated due to
funding and registration challenges. MAS remains a key strategic priority for delivering lasting social and
economic benefit to the local community.
Wllson Road Communlty Creatlve Hub - Kajans secured £588,083 from the Departrnent for Levelling Up,
Housing and Communlties (DLUHCI - Community Ownership Fund to renovate this site. A Capital Project
Manager has been appointed to oversee development, alongside Community Development Workers to engage
residents and shape fvture programming.
Hospltal Street Development - In partnership with Vwesl Midlands Urban Community Homes IWMUCH) and
Birmingham City Council (Houslng & Property Services), Kajans was selected to develop the Hospital Street
sile. one of five parcels of land nominated for disposal of Community-led housing. An agreed purchase price
has now been reached wlh the Council. and a rnini-feasibility study for homes has been Completed. The
scheme is designed to prioritise young people on the autism spectrum, supporting them lo live independently
with appropriate care and community integralion. Negotiations on the heads of terms are progressing with the
valuable guidance of Nehemiah Housing Assoaalion. our Registered Social Landlord partner. ensuring the
development meets bolh housing quality and social impact goals.
Prestbury Road Thi5 property remains in dispute with Birmingham City Council and the Department for
Education. Kajans continues to advocate for a fair resolirtion to secure this valuable community asset.
Staff, Tralnlng and Development
Training remains ¢entral to Kajans, ethos. All Irustees completed govemance and safeguarding training this year.
We continue to invest in the professional development of staff and volunleers. ensuring they have the knowledge
and confidence lo deliver high-quality services to a diverse community.
Challenges:
The charity continues to face financial and capacity challenges. A po8t-COVlD dedine in volunteer numbers
and reduction in funding streams have constrained our ability to capitalise on new opportunities. The workload
for our small team remains demanding. To address this. the Board is developing new fundraising strategies,
exploring hybrid meetings to improve participation. and prioritising the recruitment of key volunteer roles.
including Treasurer and Company Secretary.
Parlnershlps and Communlty Engagement:
Partnership working remains fundamental to Kajans, success. We continue to collaborate wtth Nehemiah
Housing Association, Localty. Octavius Leaming and Development Partnership, Toot Box, Media Beast, and
govemrnent partners to advan￿ regeneration arKI housng Fffoiects. Engagement with Homes England has
supported our access to development grants and planning fees, while our relationship wrih the Department for
Levelling Up Temains cruch31 to ongoing project delivery are also deepening partnerships With schools.
universities, and cre*ive ne￿orkS to attr8Ct volunteers. promote youth participalion, and strengthen
community cohesion.
Despite significarrt extemal pressures, Kajans w¥kn￿l'S Enterprise Ltd conts'nues to demmstrate resilience,
eaiivty. an¢J communty kadership. Our orwjoing miwon is to deliver lasting social value, empowering
individuals, strerwening families, and nurturir¥J inclusive neighbourh(x)ds where everyone can thrive.
We extend our gratitude to our staff. volunteers, tr￿lee$. funde￿, and community partws Iheir continued
bdief in Kajans, vision and purpose.

KAJANS WOMEN'S ENTERPRISE LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Flnanclal revlew
In the year Kajans h8s much of its available capacity on research. development. consultation and collaboration in an
attempt to identify new opportunities to develop community-led affordable housing in response lo targeted needs
and demands in the locality. Much of the last 12 months has been filled with commissioning information in the quest
to obtain planning approval for the development of a multi-use space on the Muhammad Ali site in Hockley.
The net incoming resources for Ihe year were £71,538 (2024- net outsKsing resources of £94,181).
Net assels as at the year end were £454,96012024 - £383,422).
The charity plans to continue for the forthcoming years subject to increased income gener*ion and satisfactory
funding agreements.
Albert Hall
As in previous periods, £24,000 of rent for the Albert Hall has been charged lo the charity and as in prewous
periods, payment of this amount has been deferred. The outstanding rentsl balance of £248.500 has not be8n
called for payment, reflecting the landlord's continued support and willingness to treat the balance as a 'patient loan.
going forward.
Res8￿eS policy
11 is the policy of Ihe charity that unrestricted funds which have nol been designated for a specific use should
be maintained at a level equivalent to between three and six month's expenditure. The charity considers that
reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue
the charity's current activities while consideration is given to ways in which additional funds may be raised.
Pnncipal funding sources
The principal funding source for the year includes donations and grant in¢ome. The charity is in the pr¢Jcess of
seeking new fundlng sources in which to fund future projects.
Inv9Stment policy
The Trustees have the power to invest in such assets as they see fit.
Majoriisks
The Trustees have assessed the major risks to whl¢h the Charitable company is exposed, and are satisfied that
systems are in place to mitigate exposure lo the major risks.
Publlc Benefft
In determining its adivities, the Trustees have carefully considered guidance from the Charity Commission to
ensure the charity's activities provide clear public beneffts.

KAJANS WOMEN'S ENTERPRISE LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Plans for future perlods
In 2025-26, Kajans will focus on..
Completing the Wilson Road Creative Hub.
Progressing the Hospital Street Housing Development.
-Advancing the Muhammad Ali Sile as a model of inclusive regeneration.
Strengthening govemance. recruiting skilled trustees, and expanding fundraising capacity remaln lop priorities.
Kajans aims to continue building trust, opportunity, and pride across Birmingham's diverse communities.
Communlty Inve8tment and Share Offer
Kajans Women's Enterprise Ltd, in partnership with Kajans Community Housing Society, plans lo launch
Community Share Offer in 2026. The funds currently held as a liability will either remain as 'patient loans, to the
organisalion or be converted into community shares at that time. This ensures transparent financial reporting and
reflects the purpose for which the investment was originally secured.
During the 2024125 financial year a further £88,000 of contributions were received (£66,000 from Birmingham
Independent College and £22,000 as a 'patient loan. from a local supporter). These funds are recorded as liabilities
within the Community Investment Scheme and will form part of 8 future Community Share Offer to support planned
building works.
Enterprlse Partnershlps
The organisation will also continue to develop strategic enterprise partnerships with local businesses and soaal
enterprise organisalions. These partnerships are central to delivering Kajans, acquisition strategy, strengthening
operational capacity, and securing long-term sustainability for community-owned assets.
Structure, governance and rnanagement
The charitable company is controlled by its goveming document. being its Memorandum and Articles of
Association adopted on 7 July 1996. and constilules a limited company. limited by guarantee, as defined by the
Companies Act 2006. The Board of Trustees meets at least six times per year to oversee strategy, financial
stewardship, and safeguarding.
This year. we welcomed new trustees and advisors who have brought fresh energy and expertise to the team.
We have also begun a conslitulional and govemance review, introducing clearer financlal authorisation
processes and improved accountability structures.
The trustees, who are also the directors for the purpose of company law. and who served during the year and up to
the date of signature of the financial statemenls were..
Ms C Richards
Mr L Richards
Miss R Burrell
Mr K Bascombe (Secretary)
Ms M Coke
Mr DA Gordon
Ms B A Johnson-Green
Mr l E Fuller
Ms J F Selassie
Mrs M O Hayden
(Resigned 26 May 2025)
(Appointed 15 May 2025)
(Appointed 15 May 2025)
(Appointed 15 May 2025)
(Appointed 15 May 2025)
{Appointed 15 May 2025)

KAJANS WOMEN'S ENTERPRISE LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Recruilm8nt and appointment oltwslees
None of the twstees has any beneficial interest in the company. All of the trustees a￿ members of the Gompany and
guarantee lo contribute £1 in the event of a winding up. The Board ol Trustees are responsible for making all final
and in principal deasion5 relating to the operation and management of the company although they will often seek
specialist advice. Kajans believe that effectiv8 management is by rigorous and continuous monitoring and
assessment of policie5 and practices allowing for constant awarenes5 of issues as they arise. Trustees, meetings
are held between 8 and 12 times a year to ensure that there is adequate review of the finanaal, operational and
strategic perfomances of the charity's activities.
Induclion and trdining of truslees
Afi new trustees receive induction and training from the Board. This covers the charitable objects and
responsibilities of trustees, together with systems ol intemal control and regulatory framework.
Relationship wilh wider netwo
The Irustees have conducted thelr own review of the major risks to which the charity is exposed and systems that
have been established to mib'gate those risks. Significant exiemal risks to funding have led to a development of a
strategic plan that will allow for the diversificalion of funding and activities. Internal risks are minimised by the
implementation of procedures for aulhorisation of all transactions and projects and to ensure wnsislent quality of
delivery for all operational aspects of the ¢harilable organisation. These procedures are periodically reviewed to
ensure that they still meet the needs of the charity.
Relationship with rglated parties
The trustees, who are also the directors of Kajans IAbmen's Enterprise Limited for the purpose of company law, are
responsible for preparing the Trustee5' Report and the financial statements in accordance with applicable law and
United Kingdom Ac£ounting Standards Iunited Kingdom Generally Accepted Accounting Pradice).
The Truslees. report was approved by the Board of Trustees.
Ms C Richards
Trustse

KAJANS WOMEN'S ENTERPRISE LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF KAJANS WOMEN'S ENTERPRISE LIMITED
I report lo the trustees on my examination of the financial statements of Kajans Women's Enterprise Limited (the
charitable Gompany) for the year ended 31 March 2025.
Respon8lbllltles and basls of report
As the trustees of Ihe charitable company (and also ils directors for the purposes of company law). you are
responsible for the preparation of the financial statements in accordance with the requirements of the Companies
AGI 2006.
Having satisfied myself that the financial statements of the charitable company are not required to be audited under
Part 16 of the Companies Act 2006 and a￿ eligible for independent examin8tlon. I report in respect of my
examination of the charitable company's financial statements carried out under section 145 of the Charities Act
2011. In carrying out my examination I have followed the Directions given by Ihe Charity Commission under section
14515){bl of the Charities Act 2011.
Independent examlneV8 Statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause lo believe that in any material respect..
accounting records were not kept in respect of the charitable company as required by section 386 of the
CompaniesA¢t 2006.
the financial statements do not accord with those records., or
the financial statements do not comply with thè accounting requirements of section 396 of the Companies Act
2006 other than any requirement that the financial statements give a true and fair view, which is not a matter
considered as part of an independent examination-. or
the financial slaternents have not been prepared in accordan￿ with Ihe 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 IFRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention
shoul
be drawn in this r
ort in order to enable a proper understanding of the financial slatements to be reached.
Colm McGrory FCA
Omierod Rutter Llmited
The Oakley
Kidderminster Road
Droihvich
Worcestershire
R9 9AY
171)z

KAJANS WOMEN'S ENTERPRISE LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrlcted Restrlcted
funds
funds
2025
2026
Total Unrestrfcted Restrlcted
funds
funds
2024
2024
Total
2025
Notes
2024
Income and endovrtnents from:
Donations and legacies
other trading activities
Investments
Other income
2.215
1,610
118
217.722
219.937
1.610
118
48,226
71.650
119,876
111
14,222
111
14,222
Total Income
3,943
217,722
221,665
62.559
71,850
134.209
Expendlture on:
Charitable a
ivilies
Unrestricted funds
Fixed asset
depreciation
Restricted funds
48,083
1.500
49,583
51,332
798
52,130
40,614
40,814
59,930
41,129
41,129
135,131
59.930
135,131
Totsl charltable
expendlture
88,697
81,430
150,127
92.461
135,929
228.390
Total expendlture
88,897
61,430
150.127
92,461
135.929
228,390
Net Incomellexpendlture)
(84,754)
156,292
71.538
{29,902)
(64.2791
{94,181)
Transfers between
funds
(28,703)
28.703
Net movement In
funds
{84,754)
156,292
71,538
168,605)
(35,576)
{94,181)
Reconclllallon of funds:
Fund ba18nces at 1 April 2024
363,772
19.650
383,422
422,377
55.226
477,603
Fund balanceg at 31 March
2026
279,018
175,942
454.960
363.772
19,650
383,422
The statement of financial activitkes includes all gains and losses recognised in thè year. All income and expenditure
derive from c¢)ntinuing activities.

KAJANS WOMEN'S ENTERPRISE LIMITED
BALANCE SHEET
ASAT31 MARCH 2025
2025
2024
Not88
Flxed assets
Tangible assets
13
851,613
892,227
Current assets
Debtors
Cash at bank and in hand
14
2,400
286,173
1.800
62,495
288,573
84,295
Credltors: amounts falllng due wlthln
one year
15
(251,146)
(227.020)
Net current assetsl{liabilities)
37,427
(162,725)
Total ass8ts less Current Ilabllltle5
889,040
729,502
Credltors: amounts falllng due after
more than one year
16
{434.080)
1346.080)
Net assets
454,960
383,422
Income funds
Reslri¢ted funds
Unrestricted funds
17
175,942
279,018
19.650
363,772
454.960
383,422
The company is entilled to the exemption trom the audit requlrement contained in section 477 of the Companies Aci
2006, for the year ended 31 March 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respeci to accounting records and the preparation of financial statements.
The members have nol required the company to obtsin an audit of rts financial statements for the year in question
in aGcordance with section 476.
These financial statements have been prepared in accordance Vbryth the provisions aWi(able to companies subj.ect
to the small companies reg'me.
The finartial statements we approved by the Trustees on .
Ms C Richards
Trustse
Company Reglslrdtlon No. 05116738

KAJANS WOMEN'S ENTERPRISE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
A¢countlng pollcle8
Charlty Infonnatlon
Kajans Women's Enterprise Limited is a Private company limited by guarantee incorporated in England and
Wales.
Th8 registered office is TheAlbert Hall, Wtton Road. Aston, Bimingham, West Midlands, 86 5NU.
1.1 Basls of prepardtlon
The financial statements have been prepare(l in accordance wlh the charitable company's governing
document,
the Companies Act 2006 and "Acccunling and Reportin9 by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in th& UK and Republic of Ireland {FRS 102) leffeclive 1 January 2019)" The
charitable company is a Public Benefit Entity as defined by FRS 102.
The charitable company has taken advantage of the provisions in the SORP for charities applying FRS 102
Update Bullelin 1 not lo prepare a Slalement of Cash Flows.
The financial slalemenls are prepared in slerfing, which is the functional currency of the charitable company.
Monetary amounts in these financial stalements are rounded to the nearest £.
The financial statements have been prepared under the hisloriGal cost convention. The principal aGcounting
policies adopted are set out below.
1.2 Golng concern
The trustees consider there lo be sufficient reserves and committed volunteers to sustsin the charity until new
sources of income can be secured to fund future projecls.
1.3 Charftable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of Iheir charitable
objectives.
R8stricted ftjnds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted fvnds are set out in the notes to the financial statemenls.
1.4 Income
Income is recognised when trte charitatrAe company is legally entitled to it after any performan¢e conditions
have been rnet, the amounts can be measured reliably, and it is probable that income will be received.
Grants related to perfonnance and specffic deliverables are ac¢ounted for as the charity eams the right lo
consideration by ils performance. Where income is re￿iVed in advance of it5 recognition il is defe￿ed and
included in creditors. ￿ere entiuement occurs before income being received the income is accrued. Capital
grants are accounled for a5 income as soon as they are receivable.
Legacies are re¢ognised on re￿Ipt or otherwise rf the charitable company has been notif*d of an impending
distribLrtion, the amounl is known. and receipt is expected. If the amount is not known, the legacy is Ireated as
a contingent asset.
Donated facilities and seprfices received for the charrvs own use which rt would otherwrse have wrchased
are recognised in income during the period in which such servlces a￿ received, provided the value of the grft
can be measured reliably.
The charity benefits from the contribution of unpaid g￿eral volunteers in Ca￿Ing out their ac15vitses. Hch¥ever,
ifs impractical for their contribuiion lo be measured reliably for accounting purposes.

KAJANS WOMEN'S ENTERPRISE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
A¢countlng poll¢les
(Contlnued)
1.6 Expendlture
Liabilities are ￿Cognised 8s expendtture as soon as there is a legal or construcllve obligation committing the
charity to that expendilure, it is probable that a transfer of economic benefit5 will be requlred in settlement and
the amount of Ihe 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. Expenditure is staled
inclusive of irrecoverable VAT. ￿ere costs cannot be directly attributed to particular headings they have
been allocated to activities on a basis consistent with the use of resources.
Costs of charitsble activities comprise all costs identified as vtholly or rnainly atlributable to achieving the
charitable objects of the charity, including the costs of disseminating infomiation in support of charitable
activities. These costs include staff costs, wholly or mainly attributable support costs and an apportionment of
general overheads.
1.6 Tanglble flxed assets
Tangible fixed assels are initially measured at cost and subsequently measured at cost. net of depreciation
and any impairment losses.
Depreciation is recognised so as to write off the cosl of asset5 less their residual values over their useful lives
on the following bases..
Leasehold land and buildings
Leasehold improvements
Equipment
Fixtures and fittin9S
Computers
not depreciated (see note below)
over 50 years (or lease tem if shorter)
- 25% on cost
- 250k on cost
- 259h on cost
The gain or loss arising on the disposal of an asset is delemined as the difference between the sale proceeds
and the carying value of the asset. and is recognised in the Statement of financial activities.
The 999 year long lease agreemeni goveming the ownership of the long leasehold property requires that the
charitable company has to carry out a regular programme of maintenance to ensure its premises continue lo
meet the required high Standards throughout its estimated useful life. As such. the trustees are of the opinion
that the residual value at the end of the estimated useful life of the long leasehold propety is not likely to be
materially lower than its cost. The￿fOre, any element of depreciation is considered to be immaterial and no
provision has been made.
Tangible fixed asset additions under £100 are not capttalised bul are instead treated as repairs.
1.7 Impalm)ènt of fixed assets
At each reporting end date. the charitable company reviews the carying amounts of its tangible assets to
determine Nthether there is any indicalicrf) that those assels have SUffe￿d an impaiment loss. If any such
indication exists, the recoverable amount of the asset is estimated in order to deterynine the extent of Ihe
impaimient loss (if any).
1.8 Cash and cash equlvalents
Cash and cash equivalents indude cash in hand. deposits held at call with banks, other short-temi liquid
investments ￿1th ortginal maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabiliti.es.
10-

KAJANS WOMEN'S ENTERPRISE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
Icontlnued)
1.9 Flnanclal Instruments
The Charitable Company has elected to apply the provisions of Section 11 'Basic Financial Instruments, and
Section 12 '0ther Financial Instruments18sues' of FRS 10210 all of its financlal instruments.
Finanrial instruments are recognised in the charitsble company's balance sheet when the charitable Company
becomes party to the contractual provisions of the instrument.
Financial assets and liabilitles are offset. Yoryth the net amounts presented in the financial slalemenls, when
there is a legalty enforceable right lo sel off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liabilty simultaneously.
Basic financlal assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried al amortised cost using the effective
Interest method unless the arrangement consltlutes a financing t￿nsaCtion, where the transaction is
measured at the presenl value of the future receipts discounted at a market rate of inlerest. Financlal assets
classified as receivable within one year are not amortised.
8asic flnanclal liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al Iransaction priGe unless
the arpngement constitutes a financing transaction. where the debt instrument is measured al Ihe present
value of the future payments discounted al a market rate of interest. Finanaal liabilities dassified as payable
within one year are not amortised.
Debt instruments are sUbSequen￿Y carried at amortised cost. using the effective interest rate method.
Trade creditors are obligations to pay for goods or services Ihat have been acquired in the ordinary course of
operations from suppliers Amounts payable are classified as current liabilities if payment is due wrthin one
year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised c05t using the effective interest method.
Concessionary loans a￿ those loans received by a charity to further its purposes and any interest charged 15
either nil or below the prevailing market ples and are not made solely to achieve a financial retum.
Concessionary loans are initially recognised and measured al the amount r￿1ved. ￿th the carrying amount
adjusted in subsequent years to reflect repayments and any accrued interest.
Derecognitlon of financial liabilitles
Financial lialilities are derecognised when the charrtable company's contraciual obiigat'rons expire or are
discharged or cancelled.
11

KAJANS WOMEN'S ENTERPRISE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Crltlcal accountlng estlmates and Judgements
In the application of the charitable company's accounting pollcies, the Irustees are required lo make
judgements, eslimales and assumption5 al)out th8 carrying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical experience
and other fadors that are considered to be relevant, Actual result6 may differ from these estimates.
Thg estimates and underfying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recogni5ed in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Crltlcal Judgements
Depreclatlon pollcy
The carrying value of tangible fixed assets is dependent on both the annual depreciation charge. The annual
depreciation charge for langible fixed assets is sensitive to chang&s in useful economic lives.
The accounting policies for depreciation of tangible fixed asset5 can be found In note 1 and the carrying value
of tangible fixed assets can be found in note 13.
Donatlons and legacles
Unrestrlcted Restrlcted
funds
funds
Total
2026
Total
2024
Donations and gifts
Grant income
2,215
6,475
211,247
8.690
211,247
48,226
71.650
2.215
217.722
219,937
119,878
Grants recelvable for core actlvltles
West Midlands Urban
Reach Fund
Birmingham City Council
Wlson Road
INebsite grant
2,000
19.650
50,000
209,247
2.000
209,247
2,000
211,247
211,247
71.650
12-

KAJANS WOMEN'S ENTERPRISE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
In¢ome from other tradlng actlvltles
Unrestrlcted Unrestrfctod
funds
lunds
2025
2024
Other income
1,610
Investments
2025
2024
Interest receivable
118
111
Other Income
Unrestrfcted Unrestrlcted
funds
funds
2025
2024
Bimiingham Independent College
14.222
13-

o)
47)
Ln
E c

KAJANS WOMEN'S ENTERPRISE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Support costs allocated to actlvltles
2025
2024
Depreciation
Website costs
Rent
Independent examination fees
40,614
1.500
24,000
2,646
41,129
24,000
1834)
68,760
64.295
Analysed between:
Unrestricted fund8
Fixed asset deprecAalion
28,146
40,614
23,166
41,129
68,760
64,295
Net movement In funds
2025
2024
The net movement in funds is stated after chargingl(creditingl'.
Fees payable for the independenl examination of the Charity's financial
stalements
Depreciation of owned tangible fixed assets
2,646
40,614
41,129
10 Tru5t8es
None of the trustees (or any persons Connected with them) received any remuneration or benefits from the
charitable company during the year.
11 Employees
The average monthly number of employees during the year was..
2025
Number
2024
Number
Total
There We￿ no employees whose annual remuneration Ivas more then £60.000.
Remuneratlon of key management personnel
During ihe year no amounts Y￿re paid to key managemeni personnel for their
services.
12 Taxatlon
The charty is exempt frcxn taxation on its adivities because all its income Is applie(I for charitable purposes.
15-

KAJANS WOMEN'S ENTERPRISE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Tanglble fixed a88ets
Lgas&hold
Leas8hold
land and Improvements
bulldlng8
Equlpment Flxturgs and
fittSngs
Comput•rn
Total
Cost
At 1 April 2024
427,720 1,015,341
36,248
13,228
18,158
1.510,695
Al 31 M8rch 2025
427,720 1.015,341
36.248
13.228
18.158
1,510,695
Depreclatlon and Impalnnent
At 1 April 2024
Depreciatlon in year
550,834
40,614
36,248
13,228
18,158
618,488
40,614
Al 31 March 2025
591,448
36,248
13,228
18,158
659,082
Carrylng amount
Al 31 March 2025
427,720
423,893
851,613
At 31 March 2024
427,720
464,507
892.227
14 Debtors
2025
2024
Amounts falllng due wlthln one year:
Other debtors
2.400
1,800
15 Credltors: amounts falllng due wtthln one year
2025
2024
Accruals
251,146
227,020
16 Credltorn: amounts falllng due after moro than one year
2026
2024
Community Inveslment Scheme
Other credrtors
380,709
53,371
292.709
53,371
434.080
346,080
The Communty Investrnent Scheme is a loan invesbnent programme provided by the Binningham
Development Group Limited at no interesi and not repayable until 3 year5 after the rwetion of the
Muhammad Ali Centre redevelopment pToie(*.
16-

KAJANS WOMEN'S ENTERPRISE LIMITED
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Restrlcted fund8
The restricted funds of the charity Comprise the unexpended balances of donation5 and grants held on trust
subject to specific conditions by donors as to how they may be used.
Movement In funds
Balance at 1
Incomlng Resources Balance at 31
Aprfl 2024 resources
expended PllaTch 2025
Reach Fund
Wilson Road
Website Fund
19,650
19,650
155,792
500
215,722
2,000
159,930)
(1,500)
19,650
217,722
161,430)
175,942
Reach Fund
Funds received from The Reach Project in order to support the charity in their endeavour lo become mo
appealing to investors.
Wllson Road
Funds received to rebuild and renovate the community space at Wlson Road. This Is a long-lerm project that
will cover a number of years and facilitate future use of the building for charttable activities.
Web8lte Fund
A grant received from Birmingham City Council for the development of charities website.
18 Unrestrlcted funds
The unrestricted funds of the charity comprise the unexpended balan￿S of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designaled funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At l Aprll
2024
Incomlng
rosources
Resources
expended
Transfers At 31 March
2025
General fijnds
363.772
3,943
(88.697)
279,018
Prgvlous year.
At l Aprfl
2023
Incomlng
rnsour¢es
Resources
expended
Transfers At 31 March
2024
General lunds
422,377
62.559
(92.461)
(28.703)
363.772
17-

KAJANS WOMEN'S ENTERPRISE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
19 Analys18 of net assets between funds
Unrestrlctèd Restrlcted
funds
funds
2025
2025
Totsl Unrestricted
funds
2024
Reslricled
funds
2024
Total
2026
2024
Fund balances at 31
March 2025 are
represented by..
Tangible assets
Current assetsl(liabilities)
Long term liabilities
851,613
(138,515)
(434,080)
851,613
892,227
37.427
(182,375)
1434,080) (346,080)
892,227
1162.725)
{346,080)
175.942
19,650
279,018
175,942
454,960
363.772
19,650
383,422
18-

KAJANS WOMEN'S ENTERPRISE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Related party transactlons
Tran5actlons wlth related partles
During the year the charitable company entered inlo the following transactions wf(h related parties..
Kajans Educatlonal And Cultural Trust
Laurislon Richards, a trustee of Kajans, Women'5 Enterprise Limited, is also a director of Kajans Educational
And Cultural Trust.
The amount owed by Kajans Educational And Cultural TTust to Kajans, Women's Enterprise Limiled at the
year end 15 £2.40012024.' £1,800).
Communlty Investment & Loans
As explained in the Trustees. Report, the charity has begun the work to bring together a Community
Investment & Loans strategy to enable members of the local communty to invest in the vision and activities of
the organisalion. The charity has received a variety of loans from the community and its members throughout
this year and also in the previous years in anticipation of this scheme being finalised. Some of the loans were
made by paying suppliers directly on behalf of the charity whilst others were paid lo the charity. Some have
been repaid in the year whilst many remain liabilities of the charity. These loans include amounts received
from Iruslees.
Albert Hall
As in previous years, we have accrued Ihe rent due forAlbert Hall for £24,000 and no monies have been paid
in the year for this cost.
19-