THE HIVE AVON LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS for the year ended 31st December 2023 REGISTERED NUMBER 6694738 CHARITY NUMBER 1126618
THE HIVE AVON LIMITED Index of Financial Statements for the Year Ended 31st December 2023 Contents Pa Company Infomiation Report of the Trustees 2&3 Independent Examiners Report Statement of Financial Activities 5&6 Income and Expenditure Account Balan Sheet Notes to the Accounts 9-13
HIVE AVON LIMITED Jm an Infomiation as at 31st December 2023 Com an Number: 6694738 Chari Number: 1126618 Chair ersons: Mr. K. Barker Lee Treasurer: Mr. C. Read Trustees: Ms. M. Green Mr. A. Hick Mr. T Cowley Mr. A Brittain Ms. G. Loftus Mr. C Clothier Re istered Office: 322-324 Two Mile Hill Road, KingSWo, Bristol, BS15 1AJ. Bankers: CAF Bank Ltd. 25 Kings Hill Avenue, Kings Hill, West Malling. Kent, ME19 4JQ Accountants: CT servIs Limrted 33 Hopps Road, Kingswood, Bristol BS15 9QQ
THE HIVE AVON LIMITED Report of the Trustees For the year ended 31st December 2023. The Trustees (All of whom are also directors of the company for the purposes of Company Law) present their annual report together with accounts of the Society for the year ended 31 St of Dernber 2023. Governin document The Society is a registered charity constituted as a company limited by guarantee and is governed by its Memorandum and Articles of Association. Trustees are appointed from the Society's commtttee members who are agreeable to becoming a Trustee and other interested parties. Ob"ects and activities of the chari The objects of the charity are: To improve the lives and opportunities of children and adults with a leaming disability, their parents and carers in South GIOUstershIre. Bristol and surrounding areas. We aim to do this". By working with the learning disabled communty. to help them lead independent lives, by supporting them to live as they choose and to promote independen. Also by encouraging them to play a full and active part of the community in which they live. By including the learning disabled community in decisions about their lives, as we believe that every person has the right to make inft)rmed choices and have equal access to services and opportunities and will ensure that everything we do is centred around their inclusion within society. By valuing everyone's contribution, by actively promoting the value that the learning disabled community can play wtthin society and that we as a charity includes the wishes and feelings of its members. By empowering people to make their own choices and to have control over their own lives by ensuring that they understand their choices, express their views and play an active part in the decisions that affect their lives and defending the rights of the learning disableLI community and ensuring their vol$ are heard.
Or anisation The charity is administered by the Trustees and the other committee members who meet regularfy during the year. The purpose of the Committ meetings is to enable the activities of the Society to be monitored. to establish policy and to ensure a clear direction for the Society. Day to day management is delegated to the Society's paid staff Managed by the Society's Chief Executive Offir, who works under the direction of the committee. A large sum is also classified as "Restricted Funds" as the money was given for to the Gharity for specific purposes and must be used for those purposes only. Review of Activities Review of Activities:_ The number of SeNt users using °The Hive" was approximately 350 per month. "The Hive" is now open as a drop-in every day Tn either the moming or afternoon expt Thursdays and Sundays. On Friday and Saturday it is open momings and afternoons. On Thursdays we run training and development activities linked to independent Itving, as part of our Impact Projects. We still rely heavily on our volunteers to support the service-users using "The Hive. and to run our Monday and Wednesday evening clubs. Without our hardworking volunteers our work would not be possible. We also rely on grant making trusts and local charttable organisations to provide the necessary funding to cover the shortfall in the income we re1Ve, against the expenditure it takes to run 'the Hive" Members, liabili The company is limited by guarantee and has no share capital. Every member of the association undertakes to contribute to the assets of the society, in the event of being wound up while he or she is a member for debts and liabilities of the society contracted before he or she ceases to be a member, such amount as may be required not exedIng £1. On Behalf o h Trustees and Commrttee Members Mr. K. Barker Lee CHAIRMAN 20th February 2024
C.T. Services Limited. INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF THE HIVE AVON LIMITED. I report on the accounts of the company for the year ended 31st December 2023, which are set out on pages 5 to 11. Res ective res onsibilities of the Trustees and Examiner. The Trustees (2 of whom are also Directors of the Company for the pUoseS of the Company law) are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed. Having satisfied myself that the Charty is not subject to an audrf( under Company law and is eligible for independent examination. it is my responsibility to- Examine the accounts under section 43 of the 1993 Act; Follow the prOdureS laid down in the general Directions given by the Charity Commission (under section 43(7)(b) of the Act, as amended); and State whether particular matters have come to my attention. Basis of inde endent examiners, statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning such matters. The prOdureS undertaken do not provided all the evidence that would be required in an audit. and consequently no opinion is given whether the accounts present a "true and fair Vie and the report is limtted to those matters set out in the statement below. Inde endent examiners, statemenL As described in the balance sheet. you are responsible for the preparation of the financial statements for the year ended 31st Dember 2023, and you consider that the Company is exempt from an audit and a report under section 477 of the Companies Act 2006 relating to small companies. In accordan with your instructions, we have compiled these unaLSdited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. C.T Services Limited 33 Hopps Road Kingswood Bristol BS15 9QQ
THE HIVE AVON LIMITED Statement of Financial Activities For the year ended 315t December 2023 Unrestricted Funds Year to 31. December 2023 Unrestrictsd Funds Year to 315t December 2022 Incomin Resources Notes Incomin funds resources from enerated Volunta income Donations Grants Subscription & Publications 7.146 25,215 9,982 30,898 Investment income Bank Interest Activities for generating funds 893 17,118 208 4,562 Other Income Other incoming reSOurs(]nsUran) Access to Work The Hive Refreshments Gift Aid Impad Projects 1,056 5,322 79,084 2.311 1,056 4,140 64,237 5,120 6,270 Totsl incomin resources 142,209 121,353 Resources ex ended Charitable activities Governance costs 146,664 528 129,392 432 Total resources ex ended 147,192 129,824 Net the out oin lincomin resources for (4.983) (8,471) The notes on pages g to 11 form part of these accounts.
THE HIVE AVON LIMITED Statement of Financial Activities{cont) For the year ended 31st December 2023 2023 2022 Net movement in funds for the year before transfers 59.074 67.545 Transfers for the year Net movement in funds for the year after transfers 59,074 67,545 Reconciliation of funds Total funds brought forward (4,983) (8,471) Total funds carried forward 54,091 All of the activities of the Charity are classed as continuing. 59.074 The notes on pages 9 to 11 fonn part of these accounts.
THE HIVE AVON LIMITED Income and Expenditure Account For the year ended 31st December 2023 2023 2022 Notes Total operating income 141,316 121,145 Operating costs 147.192 129,824 Operating (deficit) (5.876) (8.679) Investment income Interest receivable 2893 208 Surplusl{deficit) for the year (4,983) (8,471) The notes on pages 9 to 11 fonn part of these accounts.
THE HIVE AVON LIMITED Balance Sheet For the year ended 31 ST December 2023 Notes 2023 2022 Fixed Assets Tangible Assets Current Assets Investments Cash at Bank and In Hand 54,619 54.619 59.506 59,506 Creditors Amounts falling due within one year 528 432 Net Current Assets 54.091 59,074 Total Assets less Current Liabilities 54,091 59,074 Ca Unrestricted funds Restricted funds 40,180 13,911 50,517 8,557 Total funds 54,091 59,074 For the year ended 31 St Dember 2022 the Company was entitled to exemption from audit under section 477 (2) of the Companies Act 2006" and no notice has been deposited under section 476. The Directors acknowledge their responsibilities for ensuring that the Company kp$ accounting records which comply with section 386. and for preparing accounts which give a true and fair view of the state of affairs of the Company as at the end of financial year, and of its profit or loss for the financial year in accordan with the requirements of section 394 and 395, and which otherwise comply with the requirements of the Companies act 2006 relating to accounts, so far as applicable to the Company. These financial statements have been prepared in accordance with the special provisions in Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008). On Behalf of the Trustees Committee Members Mr. K. Barker Lee CHAIRMAN 20th February 2023 The notes on pages 9 to 11 fonn part of these accounts.
THE HIVE AVON LIMITED Notes to the Accounts. 1. Accounting Policies Accounting Basis. The accounts are prepared under the historical cost convention and in accordan with applicable accounting standards and the CompaniesAct 2006. The accounts are prepared in accordan with the Statement of Recomtnended Practi. 'Accounting and Reporting by Charities (SORP 2005)°. Cash flow statement The Charity has taken advantage of the exemption provided by the Financial Reporting Standard No. 1 from the requirement to produ a cash flow statement on the grounds that tt is small. Volunteers and donatsd seNices and facilities. The value of services provided by volunteers is not incorporated into these accounts. Investment income. Investment income is included in the Statement of Financial Activities on a receivable basis.
THE HIVE AVON LIMITED Notes to the Accounts{conL)....... Grants General Funds Total Funds Year Ended 315t Dec 2023 Total Funds Year Ended 31st Dec 2022 Healthwatch LL Stoate Trust(-Pottery) Quartet Express Grant Friends of Stoke Park Spielman Trust(=Pottery) Mencap Lloyds Bank Foundation BCC Rates Grant Covid-19 Kingswood Rotary CJRS Furlough Scheme Grant Kingswood Round Table Volunteer Grant NHS - Impact Project Lloyds Paradigm 8,715 8,715 23,623 5,025 15,000 15,000 2,250 1.500 1,500 25,215 25,215 30,898 -10-
THE HIVE AVON LIMITED Notes to the Accounts(conL)....... 3. Resources Expended General Funds Totsl Funds Total Funds Year Ended Year Ended 31st Dec 2023 31st Dec 2022 Cost of income eneratin volunta Purchases PQASSO Fee Other membership Event CostslRefreshments Staff salaries(see note 9) Staff Expenses Rent(See note 10) Light & Heat Rates Repairs & maintenance Postage, printing & stationary Insuran 35 8,283 103,517 58 35 8,283 103,517 58 14,069 2,296 2,035 4,290 1,010 1,811 3,085 506 3,297 736 35 5,076 90,429 29 14,146 2,361 1,884 2,483 1,390 2,092 2,998 1,317 2,539 530 14,06g 2,296 2.035 4,290 1,010 1,811 3,085 506 3,297 736 Telephone Subscriptions Equipment Hire Bank charges & Interest Room hire Donations 216 216 408 Other(Merchandise) Art Sessionslmaterials Training Rubbish Clearance & Cleaning Advert 40 1,276 104 40 498 1,067 110 1,276 104 146,664 146,664 129,392
THE HIVE AVON LIMITED Notss to the Accounts(conL).. .... 4. Governance Costs General Funds Total Funds Year Ended 31st Dec 2023 Total Funds Year Ended 31st Dec 2022 Reporting Accountants Fees 528 528 432 5. Transfers for the year Transfer from Avon North Mencap 6. Tangible Fixed Assets Fixtures and Equipment Total Cost Balance BIF Additions Depreciation Balance BIF Amount Provided Net Book Value 31st December 2023 Net Book Value 31st Dember 2022 -12-
THE HIVE AVON LIMITED Notes to the Accounts(conL)....... 7. Creditors 2023 2022 Accountancy Fees Rent 528 432 528 432 8. Trustees None of the trustees(or any person connected with them) received any remuneration during the year, and none of them were reimbursed any expenses. 9. Staff Costs 2023 2022 Wages and Salaries Social Security Costs 103,517 13,567 78,690 11,739 117.084 90,429 There are no employees eaming at the rate of £60,000 or more per annum. Staff Costs include payments from DWP for Access to Work Support. 10. Rent There are no rent arrears.